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Print - 2005-09-21
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 20, 2005).

Published 21 Sep, 2005 12:00am
System being devised for stable commodities prices: Ibad

System being devised for stable commodities prices: Ibad

A permanent system is being devised to keep the prices of essential commodities stable and to eliminate the menace of adulteration in the province following the directives of Governor Sindh Dr Ishratul Ibad Khan.
Published 21 Sep, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 20, 2005).

Published 21 Sep, 2005 12:00am
'Pakistan's economy growing at a fast pace'

'Pakistan's economy growing at a fast pace'

Pakistan's economy is growing at a fast pace and it is a good sign that public and private sector organisations are implementing modern technology in order to compete internationally. The Managing Director of 'SAP Malaysia, Pakistan and Brunei', Eric Macd
Published 21 Sep, 2005 12:00am
Prgmea office-bearers

Prgmea office-bearers

Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) North Zone has elected Limton (Pvt) Ltd Sialkot Chief Executive Sohail Afzal Sheikh as PRGMEA (North Zone) Chairman for the year 2005-2006.
Published 21 Sep, 2005 12:00am
FTO directs resolution of refund issue

FTO directs resolution of refund issue

Federal Tax Ombudsman (FTO), while disposing of a complaint lodged by a foreign company, has directed the Revenue Officials to resolve the issue of refund of the amount claimed by the complainant company within 30 days.
Published 21 Sep, 2005 12:00am
THE RUPEE: minor change in parity seen

THE RUPEE: minor change in parity seen

Firmer trend was witnessed in the interbank market on Tuesday as the rupee mostly held its overnight level for buying and selling at 59.85 and 58.86, dealers said. The rupee has managed to hold its last levels amid balanced demand and supply position, the
Published 21 Sep, 2005 12:00am
Workshop on 'Capacity Building and Training on Procurement'

Workshop on 'Capacity Building and Training on Procurement'

Sindh National Accountability Bureau (NAB) Director General Major General Mukhtar Ahmed will preside over the closing ceremony of a three-day workshop on "Capacity Building and Training on Procurement" at a local hotel on Wednesday.
Published 21 Sep, 2005 12:00am
THE RUPEE: minor change in parity seen

THE RUPEE: minor change in parity seen

Firmer trend was witnessed in the interbank market on Tuesday as the rupee mostly held its overnight level for buying and selling at 59.85 and 58.86, dealers said. The rupee has managed to hold its last levels amid balanced demand and supply position, the
Published 21 Sep, 2005 12:00am
Minimum wage of Rs 7,000 demanded

Minimum wage of Rs 7,000 demanded

All Pakistan Trade Unions Federation (APTUF) has demanded of the government to fix Rs 7000 per month as minimum wage of a worker. A resolution to this effect was adopted at the "National Labour Conference" held here on Tuesday.
Published 21 Sep, 2005 12:00am
Opposition to show street power after Eid: Qazi

Opposition to show street power after Eid: Qazi

Muttahida Majlis-e-Ammal (MMA) Chief, Qazi Hussain Ahmad has said that they would show their street power by taking people on roads after Eid ul Fitr, while in the holy month of Ramazan, they would organise their workers.
Published 21 Sep, 2005 12:00am
GCUF admissions

GCUF admissions

Government College University Faisalabad (GCUF) has invited applications for admission in BA (Honours). Registrar of the GCUF announced here on Tuesday that applications on prescribed forms would be received up to September 25 while entry test would be he
Published 21 Sep, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (September 20, 2005).

Published 21 Sep, 2005 12:00am
PPP won't support any group of government in third phase

PPP won't support any group of government in third phase

The opposition Pakistan People's Party (PPP) has declared that the party will not support any coalition or group of the government in third phase of the local bodies election in the province.
Published 21 Sep, 2005 12:00am
SCCI team leaves for Kazakhstan

SCCI team leaves for Kazakhstan

A high-level delegation of Sarhad Chamber of Commerce and Industry (SCCI) headed by president, Malik Niaz Ahmad left on a visit of Kazakhstan on Tuesday.
Published 21 Sep, 2005 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Tuesday (September 20, 2005).

Published 21 Sep, 2005 12:00am
ADB to provide $150,000 for infrastructure

ADB to provide $150,000 for infrastructure

The Asian Development Bank will provide an amount of $150,000 to cover small-scale technical assistance (TA) to promote infrastructure investment. The small-scale TA will identify constraints on investment to develop solutions to remove the same.
Published 21 Sep, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (September 20, 2005).

Published 21 Sep, 2005 12:00am
Offices shifting

Offices shifting

Offices of the Public Relations department University of Agriculture Faisalabad have been shifted from 3rd floor of the Administration block to the upper story of STC Hall with immediate effect. These rooms have better facilities.
Published 21 Sep, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Sep, 2005 12:00am
Two arrested with explosive material

Two arrested with explosive material

Sargodha Road police have arrested two alleged terrorists and recovered a full bag of explosive material, including two hand grenades from their possession.
Published 21 Sep, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Sep, 2005 12:00am
Work on modern textile testing laboratory starts

Work on modern textile testing laboratory starts

Erection of machinery imported from abroad for the ultra modern and state-of-the-art Pakistan Textile Testing Foundation (PTTF) Laboratory has been started here on Tuesday.
Published 21 Sep, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 21 Sep, 2005 12:00am
Girl appeals to President for protection

Girl appeals to President for protection

A 15-year-old girl living in fear of becoming an honour killing victim issued a plea on Tuesday for President Pervez Musharraf to protect her from her husband's relatives. Lakhmira Shar's husband tried to cut off her nose after attempting to take her befo
Published 21 Sep, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (September 20, 2005).

Published 21 Sep, 2005 12:00am
Trade balance with UK favouring Pakistan: Lyall

Trade balance with UK favouring Pakistan: Lyall

The trade between Britain and Pakistan is very encouraging at the moment. British High Commissioner to Pakistan Mark Lyall Grant stated this here on Monday night.
Published 21 Sep, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 21 Sep, 2005 12:00am
PPP declares Kiani and Paracha for Nazim slots

PPP declares Kiani and Paracha for Nazim slots

Pakistan Peoples Party (PPP) has declared former District Nazim Raja Tariq Mehboob Kiani as unanimous opposition candidate for District Nazim slot while Anjum Farooq Paracha was declared party candidate for Rawal Town, and announced support to Mukhtar Abb
Published 21 Sep, 2005 12:00am
SIE declared role model

SIE declared role model

Chief Operating Officer (COO) of the National Industrial Parks, Jehangir Bashir Nawaz, has declared Sundar Industrial Estate (SIE) as a role model for the industrial development of the country.
Published 21 Sep, 2005 12:00am
FROM A RIGNSIDE SEAT

FROM A RIGNSIDE SEAT

It was surprising that Speaker Amir Hussain adjourned the National Assembly's Tuesday sitting after less than two hours' business just because he said he felt exhausted, and the treasury members, too, were in no mood to stay any longer in the House. "It i
Published 21 Sep, 2005 12:00am
Rs 10 million cheque presented to Shalamar Hospital

Rs 10 million cheque presented to Shalamar Hospital

The Lahore Chamber of Commerce and Industry (LCCI) President Mian Misbah-ur-Rehman on behalf of the chamber presented a cheque of Rs 10 million to the Chairman Board of Trustees Shalamar Hospital, Chaudhry Ahmad Saeed for installation of CT Scan machine i
Published 21 Sep, 2005 12:00am
Over 80 children sustain burn injuries

Over 80 children sustain burn injuries

Over 80 children, including some grown-up, sustained burn injuries while celebrating "Shab-e-Barat" in Lahore and its suburbs on Monday night, hospital sources said.
Published 21 Sep, 2005 12:00am
Punjab Assembly disposes of opposition's bills

Punjab Assembly disposes of opposition's bills

Treasury benches 'skilfully' disposed of bills that were tabled by the opposition on private educational institutions and co-operative societies on Tuesday during the private members day in the Punjab Assembly.
Published 21 Sep, 2005 12:00am
Qazi wants to launch move for restoring democracy

Qazi wants to launch move for restoring democracy

Muttahida Majlis-i-Amal (MMA) chief Qazi Hussain Ahmed said he wanted to launch a decisive movement against Pervez Musharraf, and for the restoration of democracy. "But the decision in this regard would be made by Steering Committee of Leadership Council
Published 21 Sep, 2005 12:00am
Consumers Association seeks action plan for Ramazan

Consumers Association seeks action plan for Ramazan

The government should control prices of commodities during Ramazan and form an action plan against sub-standard products. This was stated by Consumers Association of Pakistan (CAP) Chairman Kaukab Iqbal during a press briefing regarding Ramazan-ul-Mubarak
Published 21 Sep, 2005 12:00am
Na'at collection launched

Na'at collection launched

Renowned singer Junaid Jamshed has launched a collection of Na'ats' and 'Hamds' "Jalwa-e- Janan" depicting life and message of Prophet Muhammad (PBUH), here on Monday.
Published 21 Sep, 2005 12:00am
MSPIDG to support Businessmen Forum

MSPIDG to support Businessmen Forum

The Motorcycles Spare Parts Importers & Dealers Group (MSPIDG) have announced to support Businessmen Forum in Annual Elections of the Karachi Chamber of Commerce and Industry.
Published 21 Sep, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (September 20, 2005).

Published 21 Sep, 2005 12:00am
Soldier, civilian die as vehicles hit mines

Soldier, civilian die as vehicles hit mines

A Pakistani soldier and a civilian were killed and eight other people were wounded on Tuesday when two vehicles hit separate landmines in a remote area near the Afghan border, officials said. Troops on patrol in South Waziristan's once-volatile Shakai Val
Published 21 Sep, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (September 20, 2005).

Published 21 Sep, 2005 12:00am
Soldier, civilian die as vehicles hit mines

Soldier, civilian die as vehicles hit mines

A Pakistani soldier and a civilian were killed and eight other people were wounded on Tuesday when two vehicles hit separate landmines in a remote area near the Afghan border, officials said. Troops on patrol in South Waziristan's once-volatile Shakai Val
Published 21 Sep, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (September 20, 2005).

Published 21 Sep, 2005 12:00am
Emergency in Karachi hospitals

Emergency in Karachi hospitals

Water supplies contaminated with sewage and toxic waste have killed at least eight people and led to around 3,500 more being treated in hospital in Karachi, a government official said on Tuesday.
Published 21 Sep, 2005 12:00am
Major arms cache found in occupied Kashmir, four killed

Major arms cache found in occupied Kashmir, four killed

Indian occupation troops have found a large cache of arms and explosives near the Line of Control, while four people died in fresh violence in the restive region, officials said on Tuesday.
Published 21 Sep, 2005 12:00am
Explosions rock Quetta

Explosions rock Quetta

Two explosions rocked Quetta on late Tuesday. According to details, first blast took place in the fields near Killi Qambrani in the outskirts of Quetta. Another explosion took place at Pod Galli Chowk along Sabzal road.
Published 21 Sep, 2005 12:00am
US pledges additional $30 million aid to beef up border security

US pledges additional $30 million aid to beef up border security

The United States is to provide additional $30 million aid to Pakistan to support its efforts to fight narcotics and enhance border security. The US would also provide soybeans worth $10 million to Pakistan under Food for Progress Grant Program.
Published 21 Sep, 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 Tuesday (September 20, 2005).

Published 21 Sep, 2005 12:00am
US pledges additional $30 million aid to beef up border security

US pledges additional $30 million aid to beef up border security

The United States is to provide additional $30 million aid to Pakistan to support its efforts to fight narcotics and enhance border security. The US would also provide soybeans worth $10 million to Pakistan under Food for Progress Grant Program.
Published 21 Sep, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (September 20, 2005).

Published 21 Sep, 2005 12:00am
US pledges additional $30 million aid to beef up border security

US pledges additional $30 million aid to beef up border security

The United States is to provide additional $30 million aid to Pakistan to support its efforts to fight narcotics and enhance border security. The US would also provide soybeans worth $10 million to Pakistan under Food for Progress Grant Program.
Published 21 Sep, 2005 12:00am
OGDCL granted two exploration licences

OGDCL granted two exploration licences

The government on Tuesday granted two Petroleum Exploration Licences to Oil and Gas Development Company Limited (OGDCL) over blocks numbers 2467-8 (Thatta) in Zone-II and 2870-2 (Bagh-o-Bahar) in Zone-III, covering an area 2,438.85 square kilometres and 2
Published 21 Sep, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yields on the BMA-PGBI increased by 1.5 bps and its value decreased by 0.02% to close at 98.4066. Yields increased by approximately 2 to 5 basis point among the short to medium tenors, while yields remained stable among the long tenors. These increases in
Published 21 Sep, 2005 12:00am
OGDCL granted two exploration licences

OGDCL granted two exploration licences

The government on Tuesday granted two Petroleum Exploration Licences to Oil and Gas Development Company Limited (OGDCL) over blocks numbers 2467-8 (Thatta) in Zone-II and 2870-2 (Bagh-o-Bahar) in Zone-III, covering an area 2,438.85 square kilometres and 2
Published 21 Sep, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yields on the BMA-PGBI increased by 1.5 bps and its value decreased by 0.02% to close at 98.4066. Yields increased by approximately 2 to 5 basis point among the short to medium tenors, while yields remained stable among the long tenors. These increases in
Published 21 Sep, 2005 12:00am
OGDCL granted two exploration licences

OGDCL granted two exploration licences

The government on Tuesday granted two Petroleum Exploration Licences to Oil and Gas Development Company Limited (OGDCL) over blocks numbers 2467-8 (Thatta) in Zone-II and 2870-2 (Bagh-o-Bahar) in Zone-III, covering an area 2,438.85 square kilometres and 2
Published 21 Sep, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yields on the BMA-PGBI increased by 1.5 bps and its value decreased by 0.02% to close at 98.4066. Yields increased by approximately 2 to 5 basis point among the short to medium tenors, while yields remained stable among the long tenors. These increases in
Published 21 Sep, 2005 12:00am
Government plans to issue Machine Readable Visa

Government plans to issue Machine Readable Visa

The Interior Ministry has evolved a plan to issue Machine Readable Visa (MRV) to visa seekers of Pakistan, official sources said here on Tuesday. The visa would be like a sticker comprising a person's photograph and other relevant information on a compute
Published 21 Sep, 2005 12:00am
Government plans to issue Machine Readable Visa

Government plans to issue Machine Readable Visa

The Interior Ministry has evolved a plan to issue Machine Readable Visa (MRV) to visa seekers of Pakistan, official sources said here on Tuesday. The visa would be like a sticker comprising a person's photograph and other relevant information on a compute
Published 21 Sep, 2005 12:00am