The government is actively considering curtailing its diplomatic staff in foreign missions/embassies to induct interior ministry officials to minimise chances of mistakes allegedly being committed in issuance of Machine Readable Passports (MRPs), sources
The government is actively considering curtailing its diplomatic staff in foreign missions/embassies to induct interior ministry officials to minimise chances of mistakes allegedly being committed in issuance of Machine Readable Passports (MRPs), sources
Representative Christopher Cox, the White House's pick to chair the US Securities and Exchange Commission, said on Tuesday his "top priority will be vigorous enforcement of our securities laws." The California Republican pledged "continuity, clarity, and
Top contract microchip maker TSMC said quarterly profit fell 21.5 percent as customers cleared out chip inventories, and warned falling prices could partly offset rising sales in the current quarter.
Top contract microchip maker TSMC said quarterly profit fell 21.5 percent as customers cleared out chip inventories, and warned falling prices could partly offset rising sales in the current quarter.
The World Bank (WB) is likely to approve a $40 million loan for 'Land Record Management and Information System Program (LRMIS-P)' in Punjab, it is learnt. Sources told Business Recorder here on Tuesday that establishment of this system would reduce
A senior executive of Japan's ruling Liberal Democratic Party said on Tuesday there was a 50-50 chance that bills to privatise Japan's huge postal system would pass and that a snap election was likely if they did not. Ruling party rebels have vowed to kil
The United States has not decided whether to appeal a new loss at the World Trade Organisation in a long-running dispute with the European Union over tax breaks for Boeing and other US exporters, a top US trade official said on Monday. "We're still lookin
Three former executives at WorldCom Inc have reached a financial settlement with investors stemming from the collapse of the telecommunications company, according to court papers. Former financial chief Scott Sullivan, former controller David Myers and ex
International Paper Co, the world's largest forest products company, on Tuesday said second-quarter profit fell 60 percent on weaker sales of industrial packaging and printing paper. Shares of the Stamford, Connecticut, company - which had warned it would
International Paper Co, the world's largest forest products company, on Tuesday said second-quarter profit fell 60 percent on weaker sales of industrial packaging and printing paper. Shares of the Stamford, Connecticut, company - which had warned it would
India on Tuesday successfully test-fired a short-range, surface-to-air missile from a remote range in eastern Orissa state, Defence Ministry sources said. The Trishul, or trident, missile was fired at 11:58 am from the testing site at Chandipur 200km nort
The second flood peak in River Indus has passed through the Guddu and Sukkur reach as the river was in medium flood at these locations at 1800 hours, sources in the Federal Flood Commission (FFC) told Business Recorder here on Tuesday.
National Highway Authority (NHA) chairman Major General Farrukh Javed on Tuesday directed NHA authorities to step up their efforts for timely completion of road links with country's biggest seaport. The government is hoping that the Gwadar port would be c
The first-ever Textile Policy under Textile Ministry formed last year would be announced next month. The policy would give incentives to the industrialists in textile sector so that they can face the challenges of World Trade Organisation (WTO) regime.
India on Tuesday successfully test-fired a short-range, surface-to-air missile from a remote range in eastern Orissa state, Defence Ministry sources said. The Trishul, or trident, missile was fired at 11:58 am from the testing site at Chandipur 200km nort
The rice exports will cross the magic figure of US one billion dollar this year. The Rice Exporters Association of Pakistan (Reap) has, however, set a target of US 1.3 billion dollars for the year 2005-06. According to figures available here, rice exports
The rice exports will cross the magic figure of US one billion dollar this year. The Rice Exporters Association of Pakistan (Reap) has, however, set a target of US 1.3 billion dollars for the year 2005-06. According to figures available here, rice exports
The rice exports will cross the magic figure of US one billion dollar this year. The Rice Exporters Association of Pakistan (Reap) has, however, set a target of US 1.3 billion dollars for the year 2005-06. According to figures available here, rice exports
The Central Board of Revenue (CBR) has decided to set up camp offices in all cities to encourage retail sector to pay taxes and guide the retailers on taxation issues, including benefits of registration with sales tax department. This is for the first tim
The Ministry of Food, Agriculture and Livestock (Minfal) will withdraw the ban on export of seafood to European Union (EU) countries from August 1, 2005, fishing industry sources said on Tuesday. They said that around Rs 200 million had been lost in gover
The Privatisation Commission (PC) has invited Expressions of Interest (EoI) from interested parties to privatise Javedan Cement Limited (JCL) on an 'As is where is' basis, through the sale of its 96.34 percent shares, held by State Cement Corporation of P
CYBERNET commenced its services in March 1997 from Karachi and later extended its operations to Lahore, Islamabad and other major cities. As a result of the Company's farsighted decisions, strong leadership and highly dedicated professionals and engineers
The Privatisation Commission (PC) has invited Expressions of Interest (EoI) from interested parties to privatise Javedan Cement Limited (JCL) on an 'As is where is' basis, through the sale of its 96.34 percent shares, held by State Cement Corporation of P
Dalda - when you hear the name Dalda the image of quality conjures up in your mind. Quality, which you can trust with utmost faith and a taste which you have come to relish. And why not - as it has not come about in a short few years.
Share prices at Karachi Stock Exchange (KSE) remained range bound on Tuesday as confusion over the COT hung over investors'' mind, discouraging them to book fresh deals. The KSE-100 index recorded a decline of 3.73 points, or 0.05 percent, to 7301.97 agai
The Consumers Associations of Pakistan. (CAP) was setup on 13th September, 2003 to protect and educate consumers. It is the aim of CAP to represent consumers making sure that their needs as consumers of goods and services are given higher priority,
Share prices at Karachi Stock Exchange (KSE) remained range bound on Tuesday as confusion over the COT hung over investors' mind, discouraging them to book fresh deals. The KSE-100 index recorded a decline of 3.73 points, or 0.05 percent, to 7301.97 again
I am proud to lead one of Pakistanis largest Consumer Protection Association. (CAP) I am privileged to present Paraphernalia of the activities of the Consumers Association of Pakistan through our Website.
Share prices at Karachi Stock Exchange (KSE) remained range bound on Tuesday as confusion over the COT hung over investors' mind, discouraging them to book fresh deals. The KSE-100 index recorded a decline of 3.73 points, or 0.05 percent, to 7301.97 again
Corporate Social Responsibility, (CSR), is basically business ethics. A socially responsible corporation provides goods and services in line with society's values and is concerned about how consumers are protected. It respects the laws that protect the ri
The average price of Bangladesh teas rose 2.22 percent to 76.41 taka ($1.18) per kg on higher demand at the weekly auction on Tuesday. "Nearly 1.5 million kg were sold at average price of 76.41 taka per kg, up 1.66 taka from the last sale.
The Ministry of Food, Agriculture and Livestock (Minfal) will withdraw the ban on export of seafood to European Union (EU) countries from August 1, 2005, fishing industry sources said on Tuesday. They said that around Rs 200 million had been lost in gover
Singapore bunker prices fell on Tuesday, tracking lower 380-cst fuel oil cargo values. Prices for 380-centistoke (cst) bunker fuel were pegged at $246-$248 a tonne, down $1 from the previous day, on moderate demand.
The Ministry of Food, Agriculture and Livestock (Minfal) will withdraw the ban on export of seafood to European Union (EU) countries from August 1, 2005, fishing industry sources said on Tuesday. They said that around Rs 200 million had been lost in gover
The Karachi Port handled 82,863 tonnes of cargo including 63,657 tonnes import and 19,206 tonnes export cargo including 1,774 containers during last 24 hours ending at 0700 hours on Tuesday. The cargo comprised of 36,307 tonnes dry cargo including 30,534
The employees and management of Commercial Network Limited (CNL), a group of phone utility, may move court against Privatisation Commission (PC) for restraining the company from participating in Pakistan Telecommunication Company Limited (PTCL) sell-off.
Spot basis bids for corn in the US Midwest were mostly steady to firm on Tuesday while soyabean bids were mixed and country movement of both commodities was light, grain dealers said. "Everybody knows the market is called higher this morning, so they're g
The employees and management of Commercial Network Limited (CNL), a group of phone utility, may move court against Privatisation Commission (PC) for restraining the company from participating in Pakistan Telecommunication Company Limited (PTCL) sell-off.
Nickel imports by key buyer China will drop in the second half of 2005, after surging in the first half, as the market deals with a glut of stainless steel, analysts said on Tuesday.
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Independent mediators met management of South African Airways (SAA) and striking labour unions on Tuesday in an attempt to end a five-day old dispute that has crippled Africa's largest airline. The state-funded Commission for Conciliation, Mediation and A
Verizon Communications Inc, the largest US telecommunications company, said on Tuesday its second-quarter earnings rose 18 percent on the sale of its Hawaii local telephone business. Verizon's earnings before one-time items were flat, as record growth at
Verizon Communications Inc, the largest US telecommunications company, said on Tuesday its second-quarter earnings rose 18 percent on the sale of its Hawaii local telephone business. Verizon's earnings before one-time items were flat, as record growth at
Bears continued to stay in the driving seat at the Islamabad Stock Exchange (ISE) where selling-orders in hot favourite moved the entire ready-board in downward direction amid decrease in index. ISE Network Index showed a decrease of 58.39 points as the p
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Bears continued to stay in the driving seat at the Islamabad Stock Exchange (ISE) where selling-orders in hot favourite moved the entire ready-board in downward direction amid decrease in index. ISE Network Index showed a decrease of 58.39 points as the p
The employees and management of Commercial Network Limited (CNL), a group of phone utility, may move court against Privatisation Commission (PC) for restraining the company from participating in Pakistan Telecommunication Company Limited (PTCL) sell-off.
Equities eroded values on Lahore Stock Exchange (LSE) on account of delay towards resolution of CoT and margin financing issue. The LSE-25 index shed 6.31 points closing at 3620.29 against 3626.60 of Monday, while transaction volume marginally improved to
Equities eroded values on Lahore Stock Exchange (LSE) on account of delay towards resolution of CoT and margin financing issue. The LSE-25 index shed 6.31 points closing at 3620.29 against 3626.60 of Monday, while transaction volume marginally improved to
Dadex was established in 1959 as a Public Limited Company and commenced its operations from Hyderabad, Sindh. With the passage of time, facilities of the company expanded responding to the growing needs of a dynamic market. Another factory was established
A flight from Los Angeles to London was diverted to Boston after three Pakistani businessmen acted suspiciously, but the flight was later allowed to continue after nothing unusual was found, officials said on Tuesday.
Human nature is the same today as in the time of Caesar and the principles of human psychology are fixed and enduring. Disagreeing to this centuries old statement, I personally believe that such a scenario ceases to exist and the current one is that human
A flight from Los Angeles to London was diverted to Boston after three Pakistani businessmen acted suspiciously, but the flight was later allowed to continue after nothing unusual was found, officials said on Tuesday.
Standard Chartered in Pakistan enjoys a unique position as the oldest and largest international bank in the country, with a presence in this region of over 150 years. Leading the way in Asia, Africa and Middle East, Standard Chartered has unmatched knowle
The Privatisation Commission (PC) has invited Expressions of Interest (EoI) from interested parties to privatise Javedan Cement Limited (JCL) on an ''As is where is'' basis, through the sale of its 96.34 percent shares, held by State Cement Corporation of
Lockheed Martin Corp, the No 1 US defence contractor, on Tuesday reported a better-than-expected 56 percent increase in second-quarter profit, helped by strong sales of missile systems and cost cuts. Lockheed, whose weapons and aircraft are staples of US
Europe's main maize grower France is set for a lower crop this season due to drought in the south-west, but steady output in Hungary and elsewhere will help offset losses, traders said on Tuesday.
Oil prices ended slightly stronger on Tuesday as the market awaited US inventory data expected to show a the fourth weekly decline in crude oil stockpiles last week. Analysts said higher demand from US refineries and recent disruptions to offshore platfor
China's copper fabricators have expanded summer production cuts and reduced spot imports due to high prices for the industrial metal, despite the Chinese currency's appreciation, traders and analysts said on Tuesday.
Malawian President Bingu wa Mutharika said on Tuesday he had banned maize exports to help feed an estimated 4.2 million Malawians facing food shortages this year. Senior government officials said exports to Malawi's neighbours in previous years had worsen
Chinese shares rose 2.62 percent on Tuesday, led by blue chips Sinopec Corp and China United Telecommunications Corp Ltd, as institutional investors piled into the market. Large-caps such as Sinopec and China Unicom gained heavily on fund buying, thanks t
Britain's top shares fell on Tuesday to halt a four day winning run, dragged lower by declines in news and information group Reuters and in oil titan BP as costs related to a Texas refinery blast took the shine off bumper profits.
Taiwan stocks fell 0.85 percent on Tuesday after disappointing quarterly earnings from some US companies pulled Wall Street lower, and as investors awaited earnings reports from major tech firms in Taiwan.
Solid earnings reports helped drive the broad Standard & Poor's 500 and tech-laced Nasdaq higher on Tuesday, while the blue chip Dow average slid after DuPont Co released second-quarter earnings that lagged expectations.
Telecoms bonds recouped losses on Tuesday afternoon, after spreads widened earlier on profit-taking and weak US equities, while Peugeot's spreads inched wider after its first-half profits dropped by a fifth.
Telecoms bonds recouped losses on Tuesday afternoon, after spreads widened earlier on profit-taking and weak US equities, while Peugeot's spreads inched wider after its first-half profits dropped by a fifth.
The dollar climbed on Tuesday after China's central bank played down talk of a further yuan revaluation and before US economic data that could underscore the case for more dollar-supportive interest rate rises.
Sterling neared a one-week high on the euro on Tuesday after a survey delivered an upbeat outlook for Britain's manufacturing sector but it slipped against a resurgent dollar. More British manufacturers expect their output to increase next month than fall
The partially convertible Indian rupee ended stronger against the dollar on Tuesday on expectations that the rallying stock market would attract more foreign capital to a steadily growing economy. The rupee rose nearly 0.2 percent during the day to end at
A Dutch court sentenced the self-confessed killer of a Dutch filmmaker critical of Islam to life in jail on Tuesday, calling the murder which whipped up racial tensions in the Netherlands a terrorist attack.