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Print - 2005-10-01
Chemicals: BERGER PAINTS PAKISTAN LIMITED - Year Ended 30th June 2005

Chemicals: BERGER PAINTS PAKISTAN LIMITED - Year Ended 30th June 2005

The company has relatively small capital base but maintains robust financial backbone as can be seen from the financial ratios in the performance statistics. Its turnover and profitability were record highest in its career. Hence the company maintained it
Published 01 Oct, 2005 12:00am
Etisalat denies pullout rumours

Etisalat denies pullout rumours

Etisalat has categorically denied reports and said that the company is not pulling out of Pakistan Telecommunication Company Ltd (PTCL), and is hopeful that within the one-month timeframe, it would resolve all pending issues.
Published 01 Oct, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (September 30, 2005).

Published 01 Oct, 2005 12:00am
Etisalat denies pullout rumours

Etisalat denies pullout rumours

Etisalat has categorically denied reports and said that the company is not pulling out of Pakistan Telecommunication Company Ltd (PTCL), and is hopeful that within the one-month timeframe, it would resolve all pending issues.
Published 01 Oct, 2005 12:00am
Etisalat denies pullout rumours

Etisalat denies pullout rumours

Etisalat has categorically denied reports and said that the company is not pulling out of Pakistan Telecommunication Company Ltd (PTCL), and is hopeful that within the one-month timeframe, it would resolve all pending issues.
Published 01 Oct, 2005 12:00am
ISE index up 87.23 points

ISE index up 87.23 points

Bulls returned in the driving seat at the Islamabad Stock Exchange (ISE) where equities partially recovered amid increase in index. ISE Network index showed an increase of 87.23 points as the price-based indicator moved from 11,628.39 to 11,715.62 points.
Published 01 Oct, 2005 12:00am
ISE index up 87.23 points

ISE index up 87.23 points

Bulls returned in the driving seat at the Islamabad Stock Exchange (ISE) where equities partially recovered amid increase in index. ISE Network index showed an increase of 87.23 points as the price-based indicator moved from 11,628.39 to 11,715.62 points.
Published 01 Oct, 2005 12:00am
Share prices turn positive on LSE

Share prices turn positive on LSE

Share prices took a positive turn on Lahore Stock Exchange (LSE) on the last trading day of the week, following fresh buying interest in banks, cements, fertilisers and PTCL, leading the index 1.23 percent up with declining transactions volume.
Published 01 Oct, 2005 12:00am
Share prices turn positive on LSE

Share prices turn positive on LSE

Share prices took a positive turn on Lahore Stock Exchange (LSE) on the last trading day of the week, following fresh buying interest in banks, cements, fertilisers and PTCL, leading the index 1.23 percent up with declining transactions volume.
Published 01 Oct, 2005 12:00am
Turkish trade deficit rises

Turkish trade deficit rises

Turkey's trade deficit soared by 26.5 percent to 28.5 billion dollars in the first eight months of 2005 from 22.5 billion dollars in the same period last year, the State Statistics Institute said Friday.
Published 01 Oct, 2005 12:00am
US clears Procter and Gamble-Gillette merger

US clears Procter and Gamble-Gillette merger

US anti-trust authorities have cleared a planned merger between Procter and Gamble and Gillette to clear the way for the creation of the world's biggest consumer goods firm, P and G said Friday.
Published 01 Oct, 2005 12:00am
US failed to fall into line with ruling on tax breaks: WTO

US failed to fall into line with ruling on tax breaks: WTO

The United States has failed to fall into line with World Trade Organisation ruling issued more than five years ago which condemned corporate tax break legislation, the global commerce's referee said Friday.
Published 01 Oct, 2005 12:00am
US failed to fall into line with ruling on tax breaks: WTO

US failed to fall into line with ruling on tax breaks: WTO

The United States has failed to fall into line with World Trade Organisation ruling issued more than five years ago which condemned corporate tax break legislation, the global commerce's referee said Friday.
Published 01 Oct, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (September 30, 2005).

Published 01 Oct, 2005 12:00am
Malaysia sees economic pickup, smaller deficit

Malaysia sees economic pickup, smaller deficit

Malaysia budgeted on Friday for a fourth straight reduction in its deficit burden next year, but eased up on spending cuts to help the economy cope with a slowdown in exports, the country's lifeblood.
Published 01 Oct, 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 Friday (September 30, 2005).

Published 01 Oct, 2005 12:00am
Data paints rosy picture of Japan's economy

Data paints rosy picture of Japan's economy

Japan's economy picked up fresh momentum in August, with a series of data showing Friday that the key jobless rate fell while industrial output rebounded and deflation eased.
Published 01 Oct, 2005 12:00am
EU to be asked to review anti-dumping duty on bed linen

EU to be asked to review anti-dumping duty on bed linen

Mushtaq Ali Cheema, Federal Minister Textile Industry, has said that the government will approach the European Union to review the revised anti-dumping duty on import of bed linen from Pakistan, which was reduced from 13.1 percent to 9.9 percent.
Published 01 Oct, 2005 12:00am
SECP proposes changes in EPF rules

SECP proposes changes in EPF rules

The Securities and Exchange Commission of Pakistan (SECP) has reviewed and proposed amendments in the Employees Provident Fund (EPF) Rules 1996, to allow EPFs to invest in index funds. This was done keeping in view features of index funds, international p
Published 01 Oct, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (September 30, 2005).

Published 01 Oct, 2005 12:00am
SECP proposes changes in EPF rules

SECP proposes changes in EPF rules

The Securities and Exchange Commission of Pakistan (SECP) has reviewed and proposed amendments in the Employees Provident Fund (EPF) Rules 1996, to allow EPFs to invest in index funds. This was done keeping in view features of index funds, international p
Published 01 Oct, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (September 30, 2005).

Published 01 Oct, 2005 12:00am
SECP proposes changes in EPF rules

SECP proposes changes in EPF rules

The Securities and Exchange Commission of Pakistan (SECP) has reviewed and proposed amendments in the Employees Provident Fund (EPF) Rules 1996, to allow EPFs to invest in index funds. This was done keeping in view features of index funds, international p
Published 01 Oct, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (September 30, 2005).

Published 01 Oct, 2005 12:00am
Romania planning big investments in Hub and Lasbela

Romania planning big investments in Hub and Lasbela

Romania is planning to make big investments in Balochistan, particularly in Hub and other parts of Lasbela district. This was stated by Ionel Mantog, Deputy Minister for Economic and Commerce of Romania and leader of the Romanian delegation during a visit
Published 01 Oct, 2005 12:00am
Romania planning big investments in Hub and Lasbela

Romania planning big investments in Hub and Lasbela

Romania is planning to make big investments in Balochistan, particularly in Hub and other parts of Lasbela district. This was stated by Ionel Mantog, Deputy Minister for Economic and Commerce of Romania and leader of the Romanian delegation during a visit
Published 01 Oct, 2005 12:00am
Romania planning big investments in Hub and Lasbela

Romania planning big investments in Hub and Lasbela

Romania is planning to make big investments in Balochistan, particularly in Hub and other parts of Lasbela district. This was stated by Ionel Mantog, Deputy Minister for Economic and Commerce of Romania and leader of the Romanian delegation during a visit
Published 01 Oct, 2005 12:00am
SNGPL declares 30 percent cash dividend

SNGPL declares 30 percent cash dividend

The Board of Directors of Sui Northern Gas Pipeline Company Limited (SNGPL), at their 322nd meeting held on Friday, approved the annual accounts of the company for the year ended 30 June, 2005, and proposed a cash dividend of 30 percent to its shareholder
Published 01 Oct, 2005 12:00am
SNGPL declares 30 percent cash dividend

SNGPL declares 30 percent cash dividend

The Board of Directors of Sui Northern Gas Pipeline Company Limited (SNGPL), at their 322nd meeting held on Friday, approved the annual accounts of the company for the year ended 30 June, 2005, and proposed a cash dividend of 30 percent to its shareholder
Published 01 Oct, 2005 12:00am
SSGC announces 15 percent cash dividend

SSGC announces 15 percent cash dividend

The Sui Southern Gas Company (SSGC) has earned after tax profit of Rs 1.013 billion for the financial year ended June 30, as compared to Rs 0 997 billion in the previous year. The company declared a cash dividend of 15 percent (Rs 1.50 per share) for the
Published 01 Oct, 2005 12:00am
SSGC announces 15 percent cash dividend

SSGC announces 15 percent cash dividend

The Sui Southern Gas Company (SSGC) has earned after tax profit of Rs 1.013 billion for the financial year ended June 30, as compared to Rs 0 997 billion in the previous year. The company declared a cash dividend of 15 percent (Rs 1.50 per share) for the
Published 01 Oct, 2005 12:00am
PAEC and Italian firm sign MoU

PAEC and Italian firm sign MoU

Pakistan in collaboration with an Italian company, ASTER, will jointly design, manufacture and supply thermal seawater distillation plants for domestic and international markets.
Published 01 Oct, 2005 12:00am
11 killed in Polish school bus crash

11 killed in Polish school bus crash

A bus carrying schoolchildren on a pilgrimage collided with a truck in eastern Poland on Friday, killing at least 11 people and injuring dozens, the fire brigade said.
Published 01 Oct, 2005 12:00am
750 PIA employees retired

750 PIA employees retired

PIA Management on Friday handed over letters of retirement to some 750 of its employees working in grades 3 to 5. The employees sent on retirement had reached the age of 57 year on September 30 but were paid all dues of the next 3 years in advance.
Published 01 Oct, 2005 12:00am
750 PIA employees retired

750 PIA employees retired

PIA Management on Friday handed over letters of retirement to some 750 of its employees working in grades 3 to 5. The employees sent on retirement had reached the age of 57 year on September 30 but were paid all dues of the next 3 years in advance.
Published 01 Oct, 2005 12:00am
US seeks more Pak-Afghan cooperation

US seeks more Pak-Afghan cooperation

Pakistan and Afghanistan must intensify co-operation along their border to prevent al Qaeda and Taleban members from finding refuge, White House National Security Adviser Stephen Hadley said on Thursday.
Published 01 Oct, 2005 12:00am
US seeks more Pak-Afghan cooperation

US seeks more Pak-Afghan cooperation

Pakistan and Afghanistan must intensify co-operation along their border to prevent al Qaeda and Taleban members from finding refuge, White House National Security Adviser Stephen Hadley said on Thursday.
Published 01 Oct, 2005 12:00am
Six of a family killed in accident

Six of a family killed in accident

Six members of a family, including three children, were killed, while eight others injured seriously, when two cars of a marriage party bound for Faisalabad were hit by a speeding passenger bus near Janiwala, about 35km from here on Friday.
Published 01 Oct, 2005 12:00am
PPCBL announces loan policy for Rabi

PPCBL announces loan policy for Rabi

Registrar Co-operatives Punjab Major Mian Zulqurnain Amir (Retd.) has announced policy for facilities of production loans through Punjab Provincial Co-operative Bank Ltd, (PPCBL) to lend to co-operative societies for Rabi crop 2005-2006.
Published 01 Oct, 2005 12:00am
Harmony vital for finalising NFC award: Elahi

Harmony vital for finalising NFC award: Elahi

Construction of all major dams was in the interest of the whole country and was necessary for utilising the water which otherwise goes waste. However, harmony between all provinces was of paramount importance for the resolution of all issues, including Na
Published 01 Oct, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 01 Oct, 2005 12:00am
PIA officials urged to be service-oriented

PIA officials urged to be service-oriented

We should treat our airline in the same manner as we treat ourselves; run it the same way we would run our personal businesses and look after it exactly as we do our homes.
Published 01 Oct, 2005 12:00am
Senate panel releases report on OIC

Senate panel releases report on OIC

The Senate Foreign Relations Committee has brought out its sixth report, which comprehensively documents Pakistan's efforts aimed at making the Organisation of Islamic Conference (OIC) an effective and vibrant voice of the Muslim world in the light of Pre
Published 01 Oct, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (September 30, 2005).

Published 01 Oct, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 01 Oct, 2005 12:00am
Opposition vows to launch mass movement

Opposition vows to launch mass movement

Combined opposition steering committee on Friday reiterated its resolve to launch 'a decisive mass movement' to stretch President Pervez Musharraf out of power. At a meeting here, the committee examined various aspects of launching an anti-Musharraf movem
Published 01 Oct, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Oct, 2005 12:00am
ECO ministerial council meets today

ECO ministerial council meets today

The 15th Ministerial Council meeting of the Economic Co-operation Organisation (ECO) will be held in Astana, Kazakhistan on Saturday (Today). The Minister of State for foreign Affairs Makhdoom Khusro Bakhtiar will lead the Pakistan delegation in the meeti
Published 01 Oct, 2005 12:00am
Board meetings in progress

Board meetings in progress

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

Published 01 Oct, 2005 12:00am
Fuel oil imports may rise

Fuel oil imports may rise

Pakistan is expected to increase its fuel oil imports by 25 percent in its 2005-06 financial year as the country's robust growth is demanding more power, industry sources said on Friday.
Published 01 Oct, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Oct, 2005 12:00am
Prime Minister inaugurates WIEF today

Prime Minister inaugurates WIEF today

Prime Minister Shaukat Aziz will inaugurate World Islamic Economic Forum at Sunway Pyramid Convention Centre here on Saturday.
Published 01 Oct, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Friday (September 30, 2005).

Published 01 Oct, 2005 12:00am
Call for bringing customs duty to zero rate for pig iron, coke

Call for bringing customs duty to zero rate for pig iron, coke

The government must take immediate notice of the scarcity of raw material and bring the customs duty to zero rated for pig iron and coke import, in order to strengthen foundries in the country, enabling them to play their role in the development of engine
Published 01 Oct, 2005 12:00am
Call for bringing customs duty to zero rate for pig iron, coke

Call for bringing customs duty to zero rate for pig iron, coke

The government must take immediate notice of the scarcity of raw material and bring the customs duty to zero rated for pig iron and coke import, in order to strengthen foundries in the country, enabling them to play their role in the development of engine
Published 01 Oct, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (September 30, 2005).

Published 01 Oct, 2005 12:00am
Eastern Region's tax receipts may reach Rs 4700 million

Eastern Region's tax receipts may reach Rs 4700 million

Eastern Region Lahore received as many as 174,000 income tax returns with tax money amounting to Rs 4,500 million up to 8:30 pm on Friday, the last day for filing of income tax returns for the current assessment year.
Published 01 Oct, 2005 12:00am
Chemicals: BERGER PAINTS PAKISTAN LIMITED - Year Ended 30th June 2005

Chemicals: BERGER PAINTS PAKISTAN LIMITED - Year Ended 30th June 2005

The company has relatively small capital base but maintains robust financial backbone as can be seen from the financial ratios in the performance statistics. Its turnover and profitability were record highest in its career. Hence the company maintained it
Published 01 Oct, 2005 12:00am
Petition against third phase of local government polls

Petition against third phase of local government polls

A member of the Lahore High Court Bar Association (LHCBA) has approached the Lahore High Court (LHC) praying to declare the third phase of local body elections null and void, as all the political parties had fielded their candidates in violation of the sp
Published 01 Oct, 2005 12:00am
Raja Imranullah gets PSO award

Raja Imranullah gets PSO award

Divisional Manager Retail, Multan, Raja Imranullah Khan was awarded Pakistan State Oil's Shaukat Mirza Management Excellence Award 2005 here on Wednesday. The award was given by the PSO Managing Director and Chief Executive Officer, Jalees Ahmed Siddiqi a
Published 01 Oct, 2005 12:00am
Cash rewards for policemen announced

Cash rewards for policemen announced

Punjab Chief Minister Chaudhry Pervaiz Elahi has appreciated the police performance in apprehending Bashir alias Bashri gang involved in dacoity and murder of Brigadier Saeed Ahmad (Retd); and announced cash reward for the police officials.
Published 01 Oct, 2005 12:00am
LCCI demands ban on livestock import

LCCI demands ban on livestock import

The Lahore Chamber of Commerce and Industry (LCCI) has demanded of the government to immediately ban the import of animals from India, as the imported sick and infected livestock and poultry are posing a serious threat to both the human health and life.
Published 01 Oct, 2005 12:00am
LHC issues notice to FIA director

LHC issues notice to FIA director

The Lahore High Court (LHC) has issued notice to director FIA (immigration) in a petition filed by one Liaquat Ali, who approached the court against the FIA officials with prayer to the court to direct the respondents to act in accordance with the law.
Published 01 Oct, 2005 12:00am
Pamco to set up chain of cold stores

Pamco to set up chain of cold stores

Punjab Agriculture Marketing Company (Pamco) will set up a chain of cold storage in the province to provide better facilities to the growers of different agri-products. A sum of Rs 1.57 billion would be spent on the construction of cold storage in differe
Published 01 Oct, 2005 12:00am
Zaka-ur-Rehman elected PPMA chairman

Zaka-ur-Rehman elected PPMA chairman

Mian Zaka-ur-Rehman has been unanimously elected Chairman of Pakistan Pharmaceutical Manufacturers' Association (PPMA) for the term 2005-06. The 40th annual general meeting and elections of PPMA were held on September 27. Zahid Saeed, MD Indus Pharma, Kar
Published 01 Oct, 2005 12:00am
Mobilink sponsors NCHD's cultural show

Mobilink sponsors NCHD's cultural show

The Mobilink sponsored a community awareness programme at Lok Virsa Islamabad with regard to celebrating three years of social entrepreneurship in Pakistan by the National Commission of Human Development (NCHD), which organized a cultural show, including
Published 01 Oct, 2005 12:00am
LB's must have autonomy

LB's must have autonomy

Contrary to the very spirit of the local government concept, which purports to empower people at the grass roots level, the Punjab government has been gradually undertaking steps to concentrate authority in its own hands.
Published 01 Oct, 2005 12:00am
OUP teachers' workshop today

OUP teachers' workshop today

Oxford University Press (OUP), as part of its on-going teacher training program, is holding a workshop for teachers 'On Track', a complete English program for primary level on Saturday, October 01, from 9:00 am to 1:00 pm at Civil Aviation Club.
Published 01 Oct, 2005 12:00am
Ali Ahmed Brohi's wife passes away

Ali Ahmed Brohi's wife passes away

Wife of late Ali Ahmed Brohi, a distinguished intellectual and writer of Sindh, passed away here late Thursday night. She was laid to rest at the graveyard of Abdullah Shah Ghazi, near the grave of her late spouse Ali Ahmed Brohi, after Juma prayers.
Published 01 Oct, 2005 12:00am
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