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Print - 2005-08-14
Saarc committee meetings postponed, Kasuri to attend Lakshman's funeral

Saarc committee meetings postponed, Kasuri to attend Lakshman's funeral

Due to tragic assassination of Sri Lankan Foreign Minister Kadirgamar, Pakistan as Saarc chairman, on Saturday announced the postponement of the 31st Session of the Standing Committee and 26th Session of the Programming Committee. The meetings were schedu
Published 14 Aug, 2005 12:00am
Mutual funds may invest 30 percent abroad

Mutual funds may invest 30 percent abroad

The State Bank of Pakistan (SBP) has allowed mutual funds to invest in overseas markets to the extent of 30 percent of their fund size aimed to diversify their portfolio, and likely increase in dividend income for local shareholders.
Published 14 Aug, 2005 12:00am
Mutual funds may invest 30 percent abroad

Mutual funds may invest 30 percent abroad

The State Bank of Pakistan (SBP) has allowed mutual funds to invest in overseas markets to the extent of 30 percent of their fund size aimed to diversify their portfolio, and likely increase in dividend income for local shareholders.
Published 14 Aug, 2005 12:00am
Mutual funds may invest 30 percent abroad

Mutual funds may invest 30 percent abroad

The State Bank of Pakistan (SBP) has allowed mutual funds to invest in overseas markets to the extent of 30 percent of their fund size aimed to diversify their portfolio, and likely increase in dividend income for local shareholders.
Published 14 Aug, 2005 12:00am
Mutual funds may invest 30 percent abroad

Mutual funds may invest 30 percent abroad

The State Bank of Pakistan (SBP) has allowed mutual funds to invest in overseas markets to the extent of 30 percent of their fund size aimed to diversify their portfolio, and likely increase in dividend income for local shareholders.
Published 14 Aug, 2005 12:00am
Rumours rule share market

Rumours rule share market

Rumours made the shares market investors hostage last week as several punters deliberately infused negative developments creating panic among traders, forcing them to offload their portfolio undergoing a colossal loss of 3.6 percent.
Published 14 Aug, 2005 12:00am
Rumours rule share market

Rumours rule share market

Rumours made the shares market investors hostage last week as several punters deliberately infused negative developments creating panic among traders, forcing them to offload their portfolio undergoing a colossal loss of 3.6 percent.
Published 14 Aug, 2005 12:00am
Rumours rule share market

Rumours rule share market

Rumours made the shares market investors hostage last week as several punters deliberately infused negative developments creating panic among traders, forcing them to offload their portfolio undergoing a colossal loss of 3.6 percent.
Published 14 Aug, 2005 12:00am
POL prices may go up

POL prices may go up

The Oil Companies Advisory Committee (OCAC), expected to meet on August 15, 2005, may recommend an increase in fuel prices, given the recent situation in international oil market. The prices were not changed last fortnight despite the fact that internatio
Published 14 Aug, 2005 12:00am
POL prices may go up

POL prices may go up

The Oil Companies Advisory Committee (OCAC), expected to meet on August 15, 2005, may recommend an increase in fuel prices, given the recent situation in international oil market. The prices were not changed last fortnight despite the fact that internatio
Published 14 Aug, 2005 12:00am
POL prices may go up

POL prices may go up

The Oil Companies Advisory Committee (OCAC), expected to meet on August 15, 2005, may recommend an increase in fuel prices, given the recent situation in international oil market. The prices were not changed last fortnight despite the fact that internatio
Published 14 Aug, 2005 12:00am
Treasury bills may see 5-10 basis points rise

Treasury bills may see 5-10 basis points rise

The next treasury bills auction target may be smaller, but analysts expect an increase of 5 to 10 basis points in yield. The JS PGBI, which is the primary indicator of Pakistan Bond Markets, showed an increase of 0.0295 points over the week, bringing the
Published 14 Aug, 2005 12:00am
Treasury bills may see 5-10 basis points rise

Treasury bills may see 5-10 basis points rise

The next treasury bills auction target may be smaller, but analysts expect an increase of 5 to 10 basis points in yield. The JS PGBI, which is the primary indicator of Pakistan Bond Markets, showed an increase of 0.0295 points over the week, bringing the
Published 14 Aug, 2005 12:00am
Treasury bills may see 5-10 basis points rise

Treasury bills may see 5-10 basis points rise

The next treasury bills auction target may be smaller, but analysts expect an increase of 5 to 10 basis points in yield. The JS PGBI, which is the primary indicator of Pakistan Bond Markets, showed an increase of 0.0295 points over the week, bringing the
Published 14 Aug, 2005 12:00am
The Weather

The Weather

The weather report on Saturday (August 13) and the forecast for Sunday (August 14, 2005).
Published 14 Aug, 2005 12:00am
Treasury bills may see 5-10 basis points rise

Treasury bills may see 5-10 basis points rise

The next treasury bills auction target may be smaller, but analysts expect an increase of 5 to 10 basis points in yield. The JS PGBI, which is the primary indicator of Pakistan Bond Markets, showed an increase of 0.0295 points over the week, bringing the
Published 14 Aug, 2005 12:00am
Hong Kong firm to set up fertiliser plant in Pakistan

Hong Kong firm to set up fertiliser plant in Pakistan

A Hong Kong company will set up a fertiliser plant with an investment of 300 million dollars in Pakistan. An agreement was signed between Chairman of China National Chemical Engineering Corporation Jin Kening and Chief Executive of Pakistan''s Fatima Grou
Published 14 Aug, 2005 12:00am
Hong Kong firm to set up fertiliser plant in Pakistan

Hong Kong firm to set up fertiliser plant in Pakistan

A Hong Kong company will set up a fertiliser plant with an investment of 300 million dollars in Pakistan. An agreement was signed between Chairman of China National Chemical Engineering Corporation Jin Kening and Chief Executive of Pakistan's Fatima Group
Published 14 Aug, 2005 12:00am
Hong Kong firm to set up fertiliser plant in Pakistan

Hong Kong firm to set up fertiliser plant in Pakistan

A Hong Kong company will set up a fertiliser plant with an investment of 300 million dollars in Pakistan. An agreement was signed between Chairman of China National Chemical Engineering Corporation Jin Kening and Chief Executive of Pakistan's Fatima Group
Published 14 Aug, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
$10,000 advance payment allowed against imports

$10,000 advance payment allowed against imports

The State Bank of Pakistan has allowed the authorised dealers to remit advance payments, up to $10,000. This permission would be against the intended import of spare parts/consumables by the manufacturing and industrial users, for their own use. Letter of
Published 14 Aug, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
$10,000 advance payment allowed against imports

$10,000 advance payment allowed against imports

The State Bank of Pakistan has allowed the authorised dealers to remit advance payments, up to $10,000. This permission would be against the intended import of spare parts/consumables by the manufacturing and industrial users, for their own use. Letter of
Published 14 Aug, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
$10,000 advance payment allowed against imports

$10,000 advance payment allowed against imports

The State Bank of Pakistan has allowed the authorised dealers to remit advance payments, up to $10,000. This permission would be against the intended import of spare parts/consumables by the manufacturing and industrial users, for their own use. Letter of
Published 14 Aug, 2005 12:00am
Six bids for 50,000 tons sugar short-listed

Six bids for 50,000 tons sugar short-listed

The Trading Corporation of Pakistan (TCP) short-listed six bids on Saturday for a tender to import 50,000 tonnes of white sugar at between $337.45 and $390 per tonne C&F Karachi, an official said.
Published 14 Aug, 2005 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (August 8-13, 2005).

Published 14 Aug, 2005 12:00am
Six bids for 50,000 tons sugar short-listed

Six bids for 50,000 tons sugar short-listed

The Trading Corporation of Pakistan (TCP) short-listed six bids on Saturday for a tender to import 50,000 tonnes of white sugar at between $337.45 and $390 per tonne C&F Karachi, an official said.
Published 14 Aug, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Six bids for 50,000 tons sugar short-listed

Six bids for 50,000 tons sugar short-listed

The Trading Corporation of Pakistan (TCP) short-listed six bids on Saturday for a tender to import 50,000 tonnes of white sugar at between $337.45 and $390 per tonne C&F Karachi, an official said.
Published 14 Aug, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Sindh governor approves acquiring fire vehicles, ambulances

Sindh governor approves acquiring fire vehicles, ambulances

Giving approval in principle to the purchase of 20 new fire brigade engines and 20 new ambulances for the city, Governor Dr Ishratul Ibad Khan directed the City Government to take immediate steps in this regard. Talking to the fire brigade staff during hi
Published 14 Aug, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Upward trend versus dollar in open market

Upward trend versus dollar in open market

Upward trend was witnessed in the open market last week as the rupee touched the mark of Rs 59 on smooth supply of dollars, currency experts said, adding the rupee retained its present levels despite rising demand for the US currency.
Published 14 Aug, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (August 13, 2005) and Sunday (August 14, 2005).
Published 14 Aug, 2005 12:00am
Country on road to prosperity: President

Country on road to prosperity: President

President Pervez Musharraf felicitated the nation over fifty-eighth anniversary of independence and prayed for the prosperity of the country. He was attending a cultural show in Islamabad organised by Pakistan Television Corporation in accordance with Ind
Published 14 Aug, 2005 12:00am
US firing in Iraq claims 15 lives

US firing in Iraq claims 15 lives

An attack on a US military patrol followed by US gunfire left 15 Iraqis dead and 17 wounded in a town west of Baghdad, residents said on Saturday, but the US military said it was not responsible. Residents of Nasaf, a town just outside the city of Ramadi,
Published 14 Aug, 2005 12:00am
US firing in Iraq claims 15 lives

US firing in Iraq claims 15 lives

An attack on a US military patrol followed by US gunfire left 15 Iraqis dead and 17 wounded in a town west of Baghdad, residents said on Saturday, but the US military said it was not responsible. Residents of Nasaf, a town just outside the city of Ramadi,
Published 14 Aug, 2005 12:00am
President and Prime Minister call for fighting obscurantism

President and Prime Minister call for fighting obscurantism

President General Pervez Musharraf has said Pakistan today had strategic direction in all spheres of governance and called upon the nation to join hands in defeating obscurantism existing on fringes of society and strive for making Pakistan a progressive
Published 14 Aug, 2005 12:00am
Nation celebrates Independence Day today

Nation celebrates Independence Day today

The nation will celebrate 59th Independence Day today (Sunday) with a renewed pledge to make Pakistan a developed and real Islamic welfare state. The Day will dawn with thirty-one and twenty-one guns' salute in the federal and provincial capitals respecti
Published 14 Aug, 2005 12:00am
Nation celebrates Independence Day today

Nation celebrates Independence Day today

The nation will celebrate 59th Independence Day today (Sunday) with a renewed pledge to make Pakistan a developed and real Islamic welfare state. The Day will dawn with thirty-one and twenty-one guns' salute in the federal and provincial capitals respecti
Published 14 Aug, 2005 12:00am
Simplified sales tax refund rules issued

Simplified sales tax refund rules issued

The Central Board of Revenue (CBR) has issued a new simplified procedure for payment of sales tax refund to dealers, distributors and wholesalers. The CBR has issued ''''Sales Tax (Refund of Excess Input Tax to the Dealers, Distributors and Wholesalers) R
Published 14 Aug, 2005 12:00am
Simplified sales tax refund rules issued

Simplified sales tax refund rules issued

The Central Board of Revenue (CBR) has issued a new simplified procedure for payment of sales tax refund to dealers, distributors and wholesalers. The CBR has issued ''Sales Tax (Refund of Excess Input Tax to the Dealers, Distributors and Wholesalers) Rul
Published 14 Aug, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Simplified sales tax refund rules issued

Simplified sales tax refund rules issued

The Central Board of Revenue (CBR) has issued a new simplified procedure for payment of sales tax refund to dealers, distributors and wholesalers. The CBR has issued 'Sales Tax (Refund of Excess Input Tax to the Dealers, Distributors and Wholesalers) Rule
Published 14 Aug, 2005 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Simplified sales tax refund rules issued

Simplified sales tax refund rules issued

The Central Board of Revenue (CBR) has issued a new simplified procedure for payment of sales tax refund to dealers, distributors and wholesalers. The CBR has issued 'Sales Tax (Refund of Excess Input Tax to the Dealers, Distributors and Wholesalers) Rule
Published 14 Aug, 2005 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
SPI registers nominal increase

SPI registers nominal increase

The Sensitive Price Indicator (SPI) for the week ended on August 11, for the lowest income group up to Rs 3000 and combined has registered nominal increase over previous week.
Published 14 Aug, 2005 12:00am
SPI registers nominal increase

SPI registers nominal increase

The Sensitive Price Indicator (SPI) for the week ended on August 11, for the lowest income group up to Rs 3000 and combined has registered nominal increase over previous week.
Published 14 Aug, 2005 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
SPI registers nominal increase

SPI registers nominal increase

The Sensitive Price Indicator (SPI) for the week ended on August 11, for the lowest income group up to Rs 3000 and combined has registered nominal increase over previous week.
Published 14 Aug, 2005 12:00am
External debt rises by $730 million

External debt rises by $730 million

Pakistan''s external debt has increased by $730 million during 2004-05, touching $34.037 billion. According to the State Bank of Pakistan (SBP) data released on Saturday, total external debt on June 30, 2005 was $34.037 billion as against $33.307 billion
Published 14 Aug, 2005 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
External debt rises by $730 million

External debt rises by $730 million

Pakistan's external debt has increased by $730 million during 2004-05, touching $34.037 billion. According to the State Bank of Pakistan (SBP) data released on Saturday, total external debt on June 30, 2005 was $34.037 billion as against $33.307 billion l
Published 14 Aug, 2005 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
External debt rises by $730 million

External debt rises by $730 million

Pakistan's external debt has increased by $730 million during 2004-05, touching $34.037 billion. According to the State Bank of Pakistan (SBP) data released on Saturday, total external debt on June 30, 2005 was $34.037 billion as against $33.307 billion l
Published 14 Aug, 2005 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Musharraf terms cruise missile test a milestone

Musharraf terms cruise missile test a milestone

President Pervez Musharraf said here on Saturday that the successful test of cruise missile was a major milestone in Pakistan's quest "for strengthening and consolidating minimum deterrence". He was addressing the 92nd Corps Commander Conference here, whi
Published 14 Aug, 2005 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Musharraf terms cruise missile test a milestone

Musharraf terms cruise missile test a milestone

President Pervez Musharraf said here on Saturday that the successful test of cruise missile was a major milestone in Pakistan's quest "for strengthening and consolidating minimum deterrence". He was addressing the 92nd Corps Commander Conference here, whi
Published 14 Aug, 2005 12:00am
Holiday notice

Holiday notice

The offices of Business Recorder will remain closed on Sunday, August 14, on account of Independence Day. There will, therefore be no issue of the paper and internet edition on Monday, August 15 2005.
Published 14 Aug, 2005 12:00am
THE RUPEE: currency rates move both ways

THE RUPEE: currency rates move both ways

The rupee did not go under any major change in its overnight levels against the dollar in the interbank market for buying and selling at 59.66 and59.67, respectively. Balanced demand and supply factor helped the rupee to retain its firmness versus the dol
Published 14 Aug, 2005 12:00am
THE RUPEE: currency rates move both ways

THE RUPEE: currency rates move both ways

The rupee did not go under any major change in its overnight levels against the dollar in the interbank market for buying and selling at 59.66 and59.67, respectively. Balanced demand and supply factor helped the rupee to retain its firmness versus the dol
Published 14 Aug, 2005 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday August 15, 2005.

Published 14 Aug, 2005 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday August 15, 2005.

Published 14 Aug, 2005 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday August 15, 2005.

Published 14 Aug, 2005 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (August 13, 2005).
Published 14 Aug, 2005 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (August 13, 2005).

Published 14 Aug, 2005 12:00am
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