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Mar 22, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-09-29
Rs 72.885 million collected by Sessi in August

Rs 72.885 million collected by Sessi in August

Sindh Employees Social Security Institution (Sessi) collected Rs 72.885 million as social security contribution from 17,481 registered establishments employing 0.319 million workers during August, 2005.
Published 29 Sep, 2005 12:00am
SME Bank to be privatised by end of next year

SME Bank to be privatised by end of next year

SME Bank Limited will be privatised by December 2006, and the State Bank of Pakistan (SBP) would decide the modality of its privatisation - either through stock market or through Privatisation Commission.
Published 29 Sep, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 29 Sep, 2005 12:00am
Foreign investment in Railways projects discussed

Foreign investment in Railways projects discussed

A group of a British bankers and investors led by Khalid Mehmood, Member of British Parliament, called on the Minister of State for Railways Ishaq Khan Khakwani and acting Chairman Javed Akhtar Sheikh, at the Ministry of Railways, Islamabad.
Published 29 Sep, 2005 12:00am
ITWA elects office-bearers

ITWA elects office-bearers

The Islamabad Trader Welfare Association (ITWA) here on Wednesday elected Khalid Qureshi as president, Hafeez Elahi as vice-president, and Shezad Abbasi as general secretary of the Association.
Published 29 Sep, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (September 28, 2005).

Published 29 Sep, 2005 12:00am
Tomorrow last date for MNAs, MPAs assets statements filing

Tomorrow last date for MNAs, MPAs assets statements filing

The Election Commission has reminded the senators, members of the National Assembly and the four provincial assemblies that Friday, September 30 is the last date to submit yearly statements of assets and liabilities of their own, spouses and dependents to
Published 29 Sep, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 29 Sep, 2005 12:00am
Rail track near Kotri repaired after blast

Rail track near Kotri repaired after blast

A blast occurred on the main railway track at about 8.15 pm on Wednesday near Khurshid Colony here, Duty Officer Kotri Railway Police Station said.
Published 29 Sep, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Sep, 2005 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 29 Sep, 2005 12:00am
Two sentenced to death in quadruple murder case

Two sentenced to death in quadruple murder case

The Judge of Anti-Terrorist Court (ATC) Faisalabad, Chaudhry Yousaf Ojla has sentenced to death two convicts involved in a quadruple murder case of Jaranwala, on four counts each.
Published 29 Sep, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Sep, 2005 12:00am
Ikhlaq elected GCCI president

Ikhlaq elected GCCI president

Ikhlaq Ahmed Butt has been elected Gujranwala Chamber of Commerce and Industry (GCCI) President in the executive body meeting held here on Wednesday. Ziaullah Irfani and Anwar Aslam have been elected as senior vice-president and vice-president of GCCI, re
Published 29 Sep, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Wednesday (September 28, 2005).

Published 29 Sep, 2005 12:00am
'Sectarian hostility can run out of control in Pakistan'

'Sectarian hostility can run out of control in Pakistan'

Vacillation will aggravate and sectarian hostility in Pakistan can run out of the control unless the Musharraf government turns over real power to civilians and removes its bridle on the moderate parties, a report by an international organisation working
Published 29 Sep, 2005 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 29 Sep, 2005 12:00am
World Bank to provide technical assistance for FSP

World Bank to provide technical assistance for FSP

The World Bank (WB) on Wednesday agreed to provide technical assistance to the ministry of social welfare and Special Education in implementing the Food Support Programme (FSP) being run by Pakistan Bait-ul-Maal.
Published 29 Sep, 2005 12:00am
Italy to provide $6 million to centers of excellence

Italy to provide $6 million to centers of excellence

The Italian government will provide $6 million annually for training of scientists, workshops and long-term research programmes to eight centers of excellence in the developing countries.
Published 29 Sep, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (September 28, 2005).

Published 29 Sep, 2005 12:00am
LHC summons deputy director FIA

LHC summons deputy director FIA

The Lahore High Court (LHC) has directed deputy director FIA Faisalabad to appear before the court on October 13 in a petition filed by one Rehman Bibi for forfeiting her personal property.
Published 29 Sep, 2005 12:00am
Import of chicken and eggs from India opposed

Import of chicken and eggs from India opposed

Pakistan Poultry Association (PPA), Punjab Zone, has said that import of chicken and eggs from India is against the national interest, as it would discourage the new investment in the poultry sector.
Published 29 Sep, 2005 12:00am
Afghan refugees repatriation from Fata completed

Afghan refugees repatriation from Fata completed

The government of Pakistan has repatriated more than 0.1 million Afghan nationals from the refugee camps in Bajaur, Kurram, and two Waziristan agencies during last two months, sources in Commissionerate for Afghan Refugees told Business Recorder on
Published 29 Sep, 2005 12:00am
THE RUPEE: five paisa gain in open market

THE RUPEE: five paisa gain in open market

Inflows of dollar helped the rupee to sustain its firmness versus the US currency in the open market, picking up five paisa for buying and selling at 60.30 and 60.40, respectively.
Published 29 Sep, 2005 12:00am
Most wanted Lashkar-i-Jhangvi leader held

Most wanted Lashkar-i-Jhangvi leader held

Security forces have arrested the chief of an al Qaeda-linked extremist group who allegedly masterminded a string of deadly suicide attacks on Shias, officials said on Wednesday.
Published 29 Sep, 2005 12:00am
THE RUPEE: five paisa gain in open market

THE RUPEE: five paisa gain in open market

Inflows of dollar helped the rupee to sustain its firmness versus the US currency in the open market, picking up five paisa for buying and selling at 60.30 and 60.40, respectively.
Published 29 Sep, 2005 12:00am
Ruling party accused of threatening ARD candidate

Ruling party accused of threatening ARD candidate

Candidate of Alliance for Restoration of Democracy (ARD) for district Nazim Attock, Dr Mohammad Naeem Awan has accused the ruling league of threatening him to withdraw from the candidature. Speaking at a news conference on Wednesday, Dr Naeem said he was
Published 29 Sep, 2005 12:00am
Return to presidential system not being considered: Shujaat

Return to presidential system not being considered: Shujaat

Ruling Pakistan Muslim League (PML) President Chaudhry Shujaat Hussain has said that the much-talked about return to presidential system is not being considered at "party or government" levels, but the Parliament is sovereign to do whatever it decides.
Published 29 Sep, 2005 12:00am
ICCI camp office at dry port inaugurated

ICCI camp office at dry port inaugurated

The outgoing president Islamabad Chamber of Commerce and Industry (ICCI) Tariq Sadiq said that there was dire need of a dry port in the federal capital to facilitate the traders and industrialists in custom clearance.
Published 29 Sep, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 28, 2005).

Published 29 Sep, 2005 12:00am
Simplification of labour laws recommended

Simplification of labour laws recommended

Speakers at a workshop have recommended establishment of National Occupational Safety and Health Council (NOSHC), merger of different institutions into one National Institution for Workers' Welfare and simplification of labour laws.
Published 29 Sep, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 28, 2005).

Published 29 Sep, 2005 12:00am
Pakistan to press for implementation of trade, investment accords

Pakistan to press for implementation of trade, investment accords

Pakistan will push forward the early implementation of the ECO transit transport framework agreement and the agreement on promotion and protection of investment at the 15th annual meeting of the Economic Co-operation Organisation (ECO) Council of Minister
Published 29 Sep, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 28, 2005).

Published 29 Sep, 2005 12:00am
Asian Bank proposes adoption of innovative financing approaches

Asian Bank proposes adoption of innovative financing approaches

The Asian Development Bank (ADB) has suggested that innovative financing approaches be adopted to finance the urban infrastructure of Karachi as the old methods for financing urban infrastructure of the city through International Financial Institutions (I
Published 29 Sep, 2005 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (September 28, 2005).

Published 29 Sep, 2005 12:00am
'EOBI to be made viable, progressive body'

'EOBI to be made viable, progressive body'

Federal Secretary Labour, Manpower & Overseas Pakistanis Malik Asif Hayat presided over the 74th board of trustees meeting at the EOBI Head Office here on Wednesday.
Published 29 Sep, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, September 29, 2005.

Published 29 Sep, 2005 12:00am
Growers concerned over steep decline in paddy price

Growers concerned over steep decline in paddy price

Rice growers have expressed their grave concern over steep decline of paddy price currently varying between Rs 250 to Rs 270 per 40kg even when the price of urea and diesel recorded an increase of Rs 255 per bag and 25.50 per litter, respectively.
Published 29 Sep, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, September 29, 2005.

Published 29 Sep, 2005 12:00am
SHC moved for production of al Qaeda leader

SHC moved for production of al Qaeda leader

The sister of detained al Qaeda leader Khalid Sheikh Mohammad on Wednesday filed application in Sindh High Court (SHC) seeking production of his brother before the court contending he was still detained by the federal government. Ms Marium has challenged
Published 29 Sep, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, September 29, 2005.

Published 29 Sep, 2005 12:00am
China to assist Pakistan in upgrading KKH

China to assist Pakistan in upgrading KKH

China will assist Pakistan in upgrading the Kara Korum Highway (KKH), the greatest symbol of Sino-Pak friendship. The on-going negotiation to this effect between the two countries will be completed soon, this was decided during the meeting held here betwe
Published 29 Sep, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (September 28, 2005) and Thursday (September 29, 2005).
Published 29 Sep, 2005 12:00am
Parliament working properly, says Jamali

Parliament working properly, says Jamali

Former prime minister Mir Zafarullah Khan Jamali on Wednesday said parliament is working properly and parliamentary system is also on the right track which is necessary to strengthen democratic norms in the country.
Published 29 Sep, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 28, 2005).

Published 29 Sep, 2005 12:00am
Two police officers suspended

Two police officers suspended

DIG Faisalabad following the orders of Lahore High Court have suspended two police officers; Inspector Atif, SHO and Inspector Ahmed Ali, IO Police Station Gulberg. While SP Investigation Sargodha Abdul Hameed Niazi started the investigation of polices ex
Published 29 Sep, 2005 12:00am
Rs 30 million modern textile testing laboratory set up in Faisalabad

Rs 30 million modern textile testing laboratory set up in Faisalabad

The Pakistan Textile Testing Foundation (PTTF) has established modern textile testing laboratory of international standard at Faisalabad with the cost of Rs 30 million. The laboratory will cope with the standards and environment under the World Trade Orde
Published 29 Sep, 2005 12:00am
PFF to launch campaign against deep-sea trawlers

PFF to launch campaign against deep-sea trawlers

The Pakistan Fisherfolk Forum on Wednesday announced its campaign against deep-sea fishing trawlers and urged the government to cancel their licenses, "otherwise fishermen would come on to protest against them".
Published 29 Sep, 2005 12:00am
Sindh University seminar on Sino-Pak ties today

Sindh University seminar on Sino-Pak ties today

The University of Sindh Area Study Centre - Far East and South Asia is organising one-day international seminar on "Pakistan-China Relations in Changing Regional and Global Scenario" on Thursday September 29 (tomorrow).
Published 29 Sep, 2005 12:00am
Key stock market movements at 1700 GMT on September 28

Key stock market movements at 1700 GMT on September 28

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 29 Sep, 2005 12:00am
Rs 4,042 million plan to improve agriculture marketing system

Rs 4,042 million plan to improve agriculture marketing system

Punjab government has chalked out a special plan for brining improvement in present system of marketing of agriculture produce of the province, and an amount of Rs 4,042 million will be spent by Punjab Agriculture Marketing Company (Pamco) during next fou
Published 29 Sep, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 28, 2005).

Published 29 Sep, 2005 12:00am
Steps underway to enhance literacy rate

Steps underway to enhance literacy rate

The government has planned to increase literacy rate from existing 51.6 percent to 88 percent by the year 2015 under National Action Plan, while enrolment in primary schools would be increased from 52 percent to 100 percent.
Published 29 Sep, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 28, 2005).

Published 29 Sep, 2005 12:00am
LHC issues notice to interior ministry

LHC issues notice to interior ministry

The Lahore High Court (LHC) has issued notice to the joint secretary ministry of interior for October 07 in a petition filed by Parveen Akhtar, a Director of Nespak and directed him to explain as to why her name has been included in Exit Control List (ECL
Published 29 Sep, 2005 12:00am
Two senior officers promoted

Two senior officers promoted

The federal government has promoted two senior officers of grade 21 of the Audit and Accounts Service, to grade 22. Member Finance of Kuhata Research Laboratories, Mansoor Ali Shaikh has been granted grade 22 and posted as Additional Auditor General in th
Published 29 Sep, 2005 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 29 Sep, 2005 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 29 Sep, 2005 12:00am
The Weather

The Weather

The weather report on Wednesday (September 28, 2005) and the forecast for Thursday (September 29).
Published 29 Sep, 2005 12:00am
GCU and USA University sign MoU

GCU and USA University sign MoU

The Government College University (GCU) Lahore and the University of Massachusetts Amherst, USA have signed the inter-institutional memorandum on academic and research collaboration linkage. According to the agreement there would be great opportunity to m
Published 29 Sep, 2005 12:00am
LCCI seeks cut in mark-up rate

LCCI seeks cut in mark-up rate

The spokesman for the Lahore Chamber of Commerce & Industry (LCCI), Mian Nauman Kabir, has urged the State Bank of Pakistan (SBP) to bring down the mark-up rate for long-term financing to three percent.
Published 29 Sep, 2005 12:00am
Punjab to launch new system of grants to local governments

Punjab to launch new system of grants to local governments

The Punjab government has decided to launch a new grant system, effective after completion of local bodies election, to provide a transparent, predictable and incentive driven grant system to local governments, for improving their performance and bringing
Published 29 Sep, 2005 12:00am
Munawar demands release of MMA workers

Munawar demands release of MMA workers

MMA leader and Jamaat-i-Islami Secretary General, Syed Munawar Hasan has demanded of the government to immediately release all workers, who were arrested during the country-wide strike on September 9.
Published 29 Sep, 2005 12:00am
'Government wants to improve major crops production'

'Government wants to improve major crops production'

Federal Minister for Food, Agriculture and Livestock Sikandar Hayat Bosan said here that government was determined to improve the production of major crops including cotton, wheat, rice and sugarcane.
Published 29 Sep, 2005 12:00am
TDCP runs Safari train to celebrate Tourism Day

TDCP runs Safari train to celebrate Tourism Day

Tourism Development Corporation Punjab (TDCP) on Tuesday arranged a Safari train tour for students of Rawalpindi to Taxila to celebrate the World Tourism day. World Tourism day was observed in Pakistan, as throughout the World on 27th September, every yea
Published 29 Sep, 2005 12:00am
Foreign investment in oil and gas sectors hailed

Foreign investment in oil and gas sectors hailed

Prime Minister Shaukat Aziz on Tuesday said Pakistan had lot of potential in the area of hydrocarbons and would welcome foreign investors to exploit the full potential.
Published 29 Sep, 2005 12:00am
Railway station master manhandled by devotees

Railway station master manhandled by devotees

The devotees of Shahbaz Qalandar, who were returning home by Sehwan Special Train, manhandled the station master of Feroza Railway Station Munir Ahmed on detaining the train for two and half hours.
Published 29 Sep, 2005 12:00am
Man hanged in murder case

Man hanged in murder case

Accused in a murder case, Zubair alias Jhara was hanged on Wednesday morning in New Central Jail Multan. Later his body was handed over to his father Muhammad Siddiq. Zubair had allegedly killed his friend Mairajuddin over a dispute of payment in 1996.
Published 29 Sep, 2005 12:00am
Italian company keen to set up CNG kits plant in Pakistan

Italian company keen to set up CNG kits plant in Pakistan

The world leading CNG equipment manufacturer Safe s.r.l. Italy has held discussions with Oil and Gas Regulatory Authority (Ogra) for approval of new equipment and establishment of CNG equipment assembly plant in Pakistan.
Published 29 Sep, 2005 12:00am
'Madadgar-15 to buttress policing system'

'Madadgar-15 to buttress policing system'

Establishment of Madadgar-15 centres will strengthen community policing system and help create an atmosphere of friendship between police and citizens friendship as well as bringing a positive change in the police attitude.
Published 29 Sep, 2005 12:00am
Ecoli bacteria found in Karachi water samples

Ecoli bacteria found in Karachi water samples

Out of 144 water samples collected from various parts of Karachi, 102 samples were found containing a bacteria which is injurious to human health.
Published 29 Sep, 2005 12:00am
Swiss franc rises

Swiss franc rises

The Swiss franc strengthened against the dollar slightly ahead of key Swiss data early on Wednesday but held near two-month lows after US Fed officials suggested interest rates would keep rising.
Published 29 Sep, 2005 12:00am
War against Iran not on anyone's agenda: Straw

War against Iran not on anyone's agenda: Straw

Military action against Iran over its nuclear ambitions is not on the agenda of the United States or Europe, British Foreign Secretary Jack Straw said on Wednesday.
Published 29 Sep, 2005 12:00am
Suicide bomber kills 9 in Kabul

Suicide bomber kills 9 in Kabul

A suicide bomber dressed in an army uniform rammed his motorcycle into a fleet of buses carrying Afghan army officers in the capital Kabul on Wednesday, killing at least nine people and wounding 28, officials said.
Published 29 Sep, 2005 12:00am
51 dead in Nepal landslides

51 dead in Nepal landslides

The death toll from landslides triggered by floods in western Nepal has risen to 51, and rescue workers fear the toll may rise further, police said Wednesday. "The death toll from landslides late Monday has risen to 49 in Sirsha village in Dadeldhura dist
Published 29 Sep, 2005 12:00am
SPD talks constructive: Merkel

SPD talks constructive: Merkel

German conservative leader Angela Merkel welcomed as positive talks on Wednesday to forge a power-sharing coalition with Gerhard Schroeder's Social Democrats (SPD) despite no agreement on who will be chancellor.
Published 29 Sep, 2005 12:00am
Dollar near two-month peak versus euro on US rate hopes

Dollar near two-month peak versus euro on US rate hopes

The dollar stayed near a two-month high against the euro on Wednesday as a swelling chorus of comments from Federal Reserve officials suggested the currency's interest rate advantage would keep strengthening.
Published 29 Sep, 2005 12:00am
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