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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-10-05
Judicious use of gas in Ramazan urged

Judicious use of gas in Ramazan urged

A Sui Northern Gas Pipeline Company Limited (SNGPL) spokesman has advised gas consumers to make judicious use of gas while maintaining the sanctity of Ramazan and keeping in view the spirit of austerity.
Published 05 Oct, 2005 12:00am
ARD meeting on October 7

ARD meeting on October 7

The heads of Alliance for Restoration for Democracy (ARD) will meet in Islamabad on Friday October 7. Makhdoom Ameen Faheem head of ARD will chair the meeting, which will discuss current political situation in the country.
Published 05 Oct, 2005 12:00am
District officers given magisterial powers

District officers given magisterial powers

Sindh Government has conferred powers of Special Judicial Magistrate upon officers of all the district governments of the province under Section 144 Cr P C.
Published 05 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 Tuesday (October 04, 2005).

Published 05 Oct, 2005 12:00am
UVAS orientation seminar held

UVAS orientation seminar held

The University of Veterinary and Animal Sciences (UVAS) Lahore has arranged an orientation seminar for newly admitted students of the DVM first semester session 2005-06.
Published 05 Oct, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (October 04, 2005).

Published 05 Oct, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yields on the BMA-PGBI decreased by approximately 1.5 bps and its value increased by 0.07% to close at 98.6949. Yields decreased by approximately 1 basis point in the short tenors while they decreased by 2 - 3 basis points in the medium tenors. Yields rem
Published 05 Oct, 2005 12:00am
Punjab to provide subsidised atta bags during Ramazan

Punjab to provide subsidised atta bags during Ramazan

Punjab chief minister Chaudhry Pervaiz Elahi has announced provision of four million atta bags of 20kg each to people at the concessionary rate of Rs200 per bag during Ramazan; supply of which has already been started in the province.
Published 05 Oct, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yields on the BMA-PGBI decreased by approximately 1.5 bps and its value increased by 0.07% to close at 98.6949. Yields decreased by approximately 1 basis point in the short tenors while they decreased by 2 - 3 basis points in the medium tenors. Yields rem
Published 05 Oct, 2005 12:00am
PCB and Philips sign Rs 146 million agreement

PCB and Philips sign Rs 146 million agreement

Pakistan Cricket Board (PCB) and Philips Electrical Company on Tuesday signed an agreement of rupees 146 million to install floodlights in the Iqbal Stadium Faisalabad and Multan Cricket Stadium.
Published 05 Oct, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yields on the BMA-PGBI decreased by approximately 1.5 bps and its value increased by 0.07% to close at 98.6949. Yields decreased by approximately 1 basis point in the short tenors while they decreased by 2 - 3 basis points in the medium tenors. Yields rem
Published 05 Oct, 2005 12:00am
Defence DG assures easy procedures for suppliers

Defence DG assures easy procedures for suppliers

Major General Tariq Saleem Malik, Additional Secretary, Defence Production, has assured the suppliers and contractors of the defence supply that the government would made the system easy and procedures soft to resolve their problems.
Published 05 Oct, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (October 04, 2005).

Published 05 Oct, 2005 12:00am
'Peshawar to be made model district'

'Peshawar to be made model district'

Joint candidate of Watan Dost and Al-Khidmat groups for the slot of City District Nazim Peshawar Haroon Bashir Bilour on Tuesday made a pledge to make Peshawar a model district, saying that Rs five million would be spent on the development of each union c
Published 05 Oct, 2005 12:00am
Embassies asked to organise 'Pakistan Week'

Embassies asked to organise 'Pakistan Week'

The government has directed the embassies to hold "Pakistan Week" to introduce Pakistani products and attract foreign investment to sustain economic growth.
Published 05 Oct, 2005 12:00am
Plea to get Hayatabad Sports Complex vacated

Plea to get Hayatabad Sports Complex vacated

The Hayatabad Sports Complex, Peshawar, be immediately handed over to the NWFP Directorate of Sports, and the police and Nazimeen, who have occupied a portion of the complex, should be shifted to some other buildings.
Published 05 Oct, 2005 12:00am
Bait-ul-Maal database computerised

Bait-ul-Maal database computerised

Brigadier Muhammad Sarfraz (Retd) (Managing Director Pakistan Bait-ul-Mal-PBM) as a Chief Guest and General Nuri (The Commandant of Armed Forces Institute of Cardiology AFIC) as a host inaugurated a first of its kind Electronic Transaction of most deservi
Published 05 Oct, 2005 12:00am
Utility stores unable to meet buyers' demand

Utility stores unable to meet buyers' demand

Consumers in their thousands on Tuesday stood in long lines at different utility stores in the city to purchase various items for the month of Ramazan at the advertised fair prices, reports UPP correspondent.
Published 05 Oct, 2005 12:00am
Nine jail officials suspended for corruption

Nine jail officials suspended for corruption

Punjab Inspector General of Prisons Captain Sarfaraz Mufti (Retd) on Tuesday suspended nine jailers including a Deputy Superintendent of Sialkot jail on charges of corruption.
Published 05 Oct, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (October 04, 2005).

Published 05 Oct, 2005 12:00am
Tripartite Commission meets

Tripartite Commission meets

The Tripartite Commission, composed of senior military and diplomatic representatives from Afghanistan, Pakistan and Coalition Forces in Afghanistan, held its thirteenth meeting here on Tuesday.
Published 05 Oct, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (October 04, 2005).

Published 05 Oct, 2005 12:00am
Seminar on food safety held

Seminar on food safety held

Food safety has become a world-wide concern, as each year hundreds of thousands of people throughout the world fall ill as a result of food poising. This was revealed by speakers at a seminar organised by Moody International on 'Food Certification' here o
Published 05 Oct, 2005 12:00am
Buses remain off roads on KTI strike call

Buses remain off roads on KTI strike call

The public transport, mainly buses, on Tuesday remained off the roads as a mark of protest against the perpetually increase in prices of petroleum products and the "apathy of the government" towards public sufferings.
Published 05 Oct, 2005 12:00am
Irsa rejects Sindh demand

Irsa rejects Sindh demand

The Indus River System Authority (Irsa) has rejected Sindh''s demand for water distribution as per para-2 of Water Apportionment Accord 1991. The Irsa''s advisory committee, which met here on Tuesday under the chairmanship of Aman Gul Khattak, however, st
Published 05 Oct, 2005 12:00am
Irsa rejects Sindh demand

Irsa rejects Sindh demand

The Indus River System Authority (Irsa) has rejected Sindh's demand for water distribution as per para-2 of Water Apportionment Accord 1991. The Irsa's advisory committee, which met here on Tuesday under the chairmanship of Aman Gul Khattak, however, stam
Published 05 Oct, 2005 12:00am
Irsa rejects Sindh demand

Irsa rejects Sindh demand

The Indus River System Authority (Irsa) has rejected Sindh's demand for water distribution as per para-2 of Water Apportionment Accord 1991. The Irsa's advisory committee, which met here on Tuesday under the chairmanship of Aman Gul Khattak, however, stam
Published 05 Oct, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (October 04, 2005).

Published 05 Oct, 2005 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (October 04, 2005).
Published 05 Oct, 2005 12:00am
NLC plans four modern border terminals to boost road trade

NLC plans four modern border terminals to boost road trade

The National Logistics Corporation (NLC) had given a great role to enhance the trade and economic activities with neighbouring countries like India, Iran, Afghanistan and Central Asian Republics (CARs) by establishing Modern Border Terminals.
Published 05 Oct, 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 Tuesday (October 04, 2005).

Published 05 Oct, 2005 12:00am
Bank AL Habib declares bonus

Bank AL Habib declares bonus

The shareholders of Bank Al-Habib Limited approved the issue of 20 percent bonus shares at the extraordinary General Meeting of the Bank held at its Registered Office in Multan on October 3, 2005. The Bank's paid up capital has now increased to Rs 2.2 bil
Published 05 Oct, 2005 12:00am
Pakistan Steel cuts hot rolled coils price

Pakistan Steel cuts hot rolled coils price

Pakistan Steel on Tuesday said that it has reduced the price of its Hot Rolled Coils (HRC) by Rs 2,500 per tonne with immediate effect.
Published 05 Oct, 2005 12:00am
Prime Minister links trade with India to progress on Kashmir

Prime Minister links trade with India to progress on Kashmir

Prime Minister Shaukat Aziz has said that free trade and investment with India would be possible only when there is some solid progress on the issue of Kashmir. "With India, we have not allowed free trade, free investment. Trade is taking place but it is
Published 05 Oct, 2005 12:00am
Senate to meet on Friday

Senate to meet on Friday

The Senate will meet in Parliament House on Friday, October 7 at 3:00 pm The Senate Chairman has summoned the session in exercising the powers conferred on him under the Constitution of Islamic Republic of Pakistan. This will be the 23rd Session of the Se
Published 05 Oct, 2005 12:00am
NLC plans four modern border terminals to boost road trade

NLC plans four modern border terminals to boost road trade

The National Logistics Corporation (NLC) had given a great role to enhance the trade and economic activities with neighbouring countries like India, Iran, Afghanistan and Central Asian Republics (CARs) by establishing Modern Border Terminals.
Published 05 Oct, 2005 12:00am
Natwar arrives in Karachi, meets Ibad

Natwar arrives in Karachi, meets Ibad

Indian External Affairs Minister Natwar Singh has said that Indian Consulate would reopen in Karachi by the end of December 2005 or early January next year.
Published 05 Oct, 2005 12:00am
Karzai terms gas line 'very real project'

Karzai terms gas line 'very real project'

A long-delayed project for natural gas pipeline from Turkmenistan through Afghanistan to Pakistan is still "a very real project and very feasible," Afghan President Hamid Karzai said on Tuesday.
Published 05 Oct, 2005 12:00am
40 killed in tribal region during attacks

40 killed in tribal region during attacks

Troops have killed up to 40 militants about half of them foreigners during recent clashes in tribal area bordering Afghanistan, the military said on Tuesday.
Published 05 Oct, 2005 12:00am
Prime Minister vows to upgrade Navy

Prime Minister vows to upgrade Navy

The government will provide all necessary resources for the up-gradation and modernisation of Pakistan Navy as it plays a vital role in safeguarding the coastline and water territorial limits.
Published 05 Oct, 2005 12:00am
Flood-hit Vietnam may curb rice exports

Flood-hit Vietnam may curb rice exports

Vietnam may halt rice exports for the second time this year to ensure there is sufficient food for people hit by recent flash floods, Deputy Prime Minister Nguyen Tan Dung was quoted by state media on Tuesday as saying.
Published 05 Oct, 2005 12:00am
Car bomb blows up inside Green Zone, 3 dead

Car bomb blows up inside Green Zone, 3 dead

A suicide car bomber drove into Baghdad's heavily fortified Green Zone complex with a convoy of other vehicles on Tuesday and blew up, killing three people and wounding six, Iraqi police said.
Published 05 Oct, 2005 12:00am
Chirac backs Turkey's EU bid, slams critics

Chirac backs Turkey's EU bid, slams critics

French President Jacques Chirac on Tuesday reiterated his support for Turkey's accession to the European Union, but said Ankara must conform to the bloc's values if it wants negotiations to result in full membership.
Published 05 Oct, 2005 12:00am
Bodies of 50 students found after China typhoon

Bodies of 50 students found after China typhoon

The bodies of 50 Chinese military students washed away after torrential rain from a typhoon swept down a hill have been found, but 36 are still missing, state radio said on Tuesday.
Published 05 Oct, 2005 12:00am
North Korea may soon name Kim Jong-il successor

North Korea may soon name Kim Jong-il successor

North Korea could announce this month an eventual successor to leader Kim Jong-il, Russian news agency Itar-Tass said on Tuesday, quoting a diplomatic source in Pyongyang.
Published 05 Oct, 2005 12:00am
Asian currencies supported by equity flows

Asian currencies supported by equity flows

Asian currencies recovered from early losses on Tuesday, supported by rising regional stock markets and expectations of tighter monetary policy in South Korea.
Published 05 Oct, 2005 12:00am
Dollar gains broadly on US rate hike prospects

Dollar gains broadly on US rate hike prospects

The dollar scaled near 16-month peaks against the yen on Monday and three-month highs against the euro after a US manufacturing survey bolstered expectations for further official interest rate hikes.
Published 05 Oct, 2005 12:00am
Dollar extends rally on Fed rate outlook

Dollar extends rally on Fed rate outlook

The dollar extended a rally on Tuesday, striking a three-month high against the euro and holding near a 16-month peak against the yen as another Federal Reserve official said US interest rates need to rise further.
Published 05 Oct, 2005 12:00am
Swiss franc holds ground amid recovery signs

Swiss franc holds ground amid recovery signs

The Swiss franc held its own against a resurgent dollar early on Tuesday, holding flat to slightly higher after economic data indicated that a Swiss recovery was on track despite the burden of high oil prices.
Published 05 Oct, 2005 12:00am
Hong Kong dollar firm, interbank rates up

Hong Kong dollar firm, interbank rates up

The Hong Kong dollar firmed slightly against the US dollar on Tuesday, while most interbank rates edged higher on IPO-related demand for funds and expectations of more interest rate rises in the United States.
Published 05 Oct, 2005 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 65.60/65.75 (previous 65.60/65.75). Call Money Rates: 6.00-12.00 percent (previous 6.00-12.00 percent).
Published 05 Oct, 2005 12:00am
Thai shares dip

Thai shares dip

Thai share prices closed 0.35 percent lower on Tuesday on continued concerns that domestic interest rates could rise, dealers said. The Stock Exchange of Thailand (SET) composite index shed 2.52 points to close at 714.90 and the blue chip SET 50 index was
Published 05 Oct, 2005 12:00am
Nikkei climbs 1.6 percent as chips gain

Nikkei climbs 1.6 percent as chips gain

Tokyo's Nikkei share average climbed 1.58 percent to a new four-year closing high on Tuesday as NEC Corp and other chip stocks gained on rising global sales, while exporters rose on a drop in the yen.
Published 05 Oct, 2005 12:00am
Philippines shares plunge

Philippines shares plunge

Philippines share prices closed 0.38 percent lower on Tuesday on fresh political concerns after conflicting claims about an alleged plot to assassinate President Gloria Arroyo, dealers said. They said indications the government finances faltered again in
Published 05 Oct, 2005 12:00am
Singapore shares soar

Singapore shares soar

Singapore share prices closed 0.97 percent higher on Tuesday on gains in property stocks after housing prices posted their biggest quarterly gains in five years, dealers said.
Published 05 Oct, 2005 12:00am
Malaysian share end flat

Malaysian share end flat

Malaysian share prices closed flat in uncertain trade on Tuesday, with investors unsettled following Credit Suisse First Boston's decision to downgrade its local equity weightings, dealers said.
Published 05 Oct, 2005 12:00am
US Treasury prices finish lower

US Treasury prices finish lower

US Treasury debt prices sagged on Monday, sending short-term yields to their highest in over four years as strong factory data accompanied by signs of inflation hinted at yet more official interest rate hikes.
Published 05 Oct, 2005 12:00am
US Treasury prices finish lower

US Treasury prices finish lower

US Treasury debt prices sagged on Monday, sending short-term yields to their highest in over four years as strong factory data accompanied by signs of inflation hinted at yet more official interest rate hikes.
Published 05 Oct, 2005 12:00am
Indian stocks led by softwares

Indian stocks led by softwares

Indian shares closed 1.18 percent higher on Tuesday led by software stocks ahead of the realise of second quarter results of technology companies starting next week, dealers said. The Mumbai stock exchange's 30-share Sensex index surged 102.31 points to c
Published 05 Oct, 2005 12:00am
US blue chip stocks close down as Exxon slides

US blue chip stocks close down as Exxon slides

US blue chip stocks ended lower on Monday after heavily-weighted Exxon Mobil Corp declined on receding oil prices, while data showing stronger-than-expected manufacturing activity last month underpinned technology stocks.
Published 05 Oct, 2005 12:00am
Hong Kong stocks end flat

Hong Kong stocks end flat

Hong Kong stocks ended flat on Tuesday with little fresh news to propel the market amid a week long China holiday and ahead of a fresh mega-China IPO at the end of the month.
Published 05 Oct, 2005 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks gained ground on Tuesday as tech shares rose on high hopes for September sales figures and quarterly results, though losses in banking issues capped the advance after lawmakers put financial reform on hold.
Published 05 Oct, 2005 12:00am
Jakarta shares make gains

Jakarta shares make gains

Indonesian share prices closed up 1.64 percent on Tuesday but were off their highs as news about a substantial interest rate increase triggered a late wave of profit-taking, dealers said.
Published 05 Oct, 2005 12:00am
Toronto stocks up on oil; highest close since 2000

Toronto stocks up on oil; highest close since 2000

Toronto stocks hit their highest closing level in more than five years on Monday, led by rising energy issues, as investors remained bullish on the oil and gas sector despite a dip in crude prices.
Published 05 Oct, 2005 12:00am
Sri Lanka to raise government expenditure

Sri Lanka to raise government expenditure

Sri Lanka plans to raise government expenditure by 1.4 percent in 2006, mainly for spending on the country's recovery from the December 26 tsunami, officials said on Tuesday.
Published 05 Oct, 2005 12:00am
Russian IPOs turn into flood before 2008 election

Russian IPOs turn into flood before 2008 election

A flood of Russian initial public offerings is about to hit the market as entrepreneurs seek to cash in before the 2008 presidential election clouds the investment outlook, market watchers said on Tuesday.
Published 05 Oct, 2005 12:00am
BP expects hurricanes to cost $700 million

BP expects hurricanes to cost $700 million

BP Plc expects Hurricanes Katrina and Rita to cost it over $700 million in repair bills and lost profits and put its 2005 production goal out of reach, the world's number two oil firm by market value said on Tuesday.
Published 05 Oct, 2005 12:00am
First bidder emerges as Parmalat moves to market

First bidder emerges as Parmalat moves to market

Italy's top fresh milk producer Granarolo on Tuesday became the first suitor to confirm it was considering a bid for Parmalat, kicking off a potential take-over battle as the dairy firm emerges from bankruptcy administration.
Published 05 Oct, 2005 12:00am
WPP and Hellman enter Aegis buyout fray

WPP and Hellman enter Aegis buyout fray

A bidding war for UK media buyer Aegis loomed on Tuesday as advertising giant WPP teamed up with US private equity firm Hellman & Friedman in a second take-over approach, sources close to the matter said.
Published 05 Oct, 2005 12:00am
Saudi Arabia cuts crude OSPs to US and Asia

Saudi Arabia cuts crude OSPs to US and Asia

Saudi Arabia has cut the official selling price in November for its crude oil to buyers in the United States and Asia, but raised the price to Europe, trade sources said on Tuesday.
Published 05 Oct, 2005 12:00am
Thousands demonstrated across France

Thousands demonstrated across France

Tens of thousands of people demonstrated across France on Tuesday as a one-day strike snarled public transport, putting pressure on the government to change its labour and economic policies.
Published 05 Oct, 2005 12:00am
Microsoft ends license talks with music labels

Microsoft ends license talks with music labels

Microsoft Corp has broken off licensing talks with the four global music companies, raising questions about the software giant's plans to start a subscription-based music service, the Wall Street Journal reported Tuesday, citing unnamed sources.
Published 05 Oct, 2005 12:00am
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