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Print - 2005-10-05
'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
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
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
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
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
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
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
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
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
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
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
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
FDIC eyes signs of US housing and economic moderation

FDIC eyes signs of US housing and economic moderation

The US economy expanded through the second quarter of 2005 despite higher interest rates and energy prices but signs of moderation in the hot housing market may be emerging, a report from a bank regulatory agency said on Tuesday.
Published 05 Oct, 2005 12:00am
German exports to grow 5.4 percent in 2005

German exports to grow 5.4 percent in 2005

German exports will probably increase by 5.4 percent this year, before expansion slows to around 5 percent in 2006, according to an annual survey by the BDI industry federation published on Tuesday.
Published 05 Oct, 2005 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (October 04, 2005).

Published 05 Oct, 2005 12:00am
'British Airways not to reach key profitability goal this year'

'British Airways not to reach key profitability goal this year'

British Airways will not reach a key profitability goal this year due to high fuel prices and has ruled out forced job cuts as it prepares to consolidate its London operations in a new airport terminal, its new boss said.
Published 05 Oct, 2005 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (October 04, 2005).

Published 05 Oct, 2005 12:00am
Brown seen holding off major tax hikes next year

Brown seen holding off major tax hikes next year

British finance minister Gordon Brown is not expected to raise taxes significantly next year despite a deterioration in public finances, a Reuters poll shows.
Published 05 Oct, 2005 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (October 04, 2005).

Published 05 Oct, 2005 12:00am
ISE index up 72.98 points

ISE index up 72.98 points

Bulls further tightened their grip on the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready board in upward direction amid increase in index.
Published 05 Oct, 2005 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 05 Oct, 2005 12:00am
ISE index up 72.98 points

ISE index up 72.98 points

Bulls further tightened their grip on the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready board in upward direction amid increase in index.
Published 05 Oct, 2005 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 05 Oct, 2005 12:00am
LSE equities move both ways

LSE equities move both ways

Equities moved both ways on the Lahore Stock Exchange (LSE) but finally closed in negative zone on account of profit taking, while heavy weight shares helped improve index amid ascending transaction volume.
Published 05 Oct, 2005 12:00am
LSE equities move both ways

LSE equities move both ways

Equities moved both ways on the Lahore Stock Exchange (LSE) but finally closed in negative zone on account of profit taking, while heavy weight shares helped improve index amid ascending transaction volume.
Published 05 Oct, 2005 12:00am
World Bank expert concludes Baglihar dam inspection

World Bank expert concludes Baglihar dam inspection

The Swiss engineer appointed to resolve a dispute between India and Pakistan over Baglihar dam New Delhi is building in Kashmir concluded his visit to the project on Tuesday but held off announcing the outcome of his inquiry.
Published 05 Oct, 2005 12:00am
Kashmir solution must for peace, says Turrabi

Kashmir solution must for peace, says Turrabi

Former Amir of Jamaat-i-Islami Azad Kashmir Abdur Rashid Turrabi has said the resolution of the Kashmir issue was a pre-requisite to lasting peace and stability in the South Asian region.
Published 05 Oct, 2005 12:00am
World Bank expert concludes Baglihar dam inspection

World Bank expert concludes Baglihar dam inspection

The Swiss engineer appointed to resolve a dispute between India and Pakistan over Baglihar dam New Delhi is building in Kashmir concluded his visit to the project on Tuesday but held off announcing the outcome of his inquiry.
Published 05 Oct, 2005 12:00am
World Bank expert concludes Baglihar dam inspection

World Bank expert concludes Baglihar dam inspection

The Swiss engineer appointed to resolve a dispute between India and Pakistan over Baglihar dam New Delhi is building in Kashmir concluded his visit to the project on Tuesday but held off announcing the outcome of his inquiry.
Published 05 Oct, 2005 12:00am
Indian former general visits native house in Sialkot

Indian former general visits native house in Sialkot

Lieutenant General Kapeet Singh Suri (Retd) of India and his wife Kasoun Singh Suri visited his native house in Sialkot city's Pooran Nagar locality to recall his pre-partition memories here on Monday.
Published 05 Oct, 2005 12:00am
Drive starts to monitor sales tax collection

Drive starts to monitor sales tax collection

The Central Board of Revenue (CBR) has started a countrywide exercise to monitor sales tax collection from retailers and ''value-added industries'', including iron and steel sector, in the second quarter (October-December) of 2005-06.
Published 05 Oct, 2005 12:00am
Bangladesh tea demand firmer

Bangladesh tea demand firmer

Demand for Bangladesh teas was mostly firm and dearer at the weekly auction on Tuesday. Buyers from Afghanistan, the Commonwealth of Independent States (CIS), Pakistan and Bangladesh participated in the auction.
Published 05 Oct, 2005 12:00am
Drive starts to monitor sales tax collection

Drive starts to monitor sales tax collection

The Central Board of Revenue (CBR) has started a countrywide exercise to monitor sales tax collection from retailers and 'value-added industries', including iron and steel sector, in the second quarter (October-December) of 2005-06.
Published 05 Oct, 2005 12:00am
Grain exports from Rouen port down

Grain exports from Rouen port down

Grain exports from the French port of Rouen totalled 462,006 tonnes in September, comprising 381,833 tonnes of wheat and 80,173 tonnes of barley, port officials said on Tuesday.
Published 05 Oct, 2005 12:00am
Drive starts to monitor sales tax collection

Drive starts to monitor sales tax collection

The Central Board of Revenue (CBR) has started a countrywide exercise to monitor sales tax collection from retailers and 'value-added industries', including iron and steel sector, in the second quarter (October-December) of 2005-06.
Published 05 Oct, 2005 12:00am
Singapore bunker fuel prices steady

Singapore bunker fuel prices steady

Singapore bunker prices held steady on Tuesday, despite plunging cargo prices, as several bunker suppliers were seen sidelined due to tight supply.
Published 05 Oct, 2005 12:00am
Ramazan timings

Ramazan timings

The Karachi Stock Exchange (KSE) on Tuesday announced trading timings for the month of Ramazan. The pre-open timings for the KTAS from Monday to Thursday would be from 9.15 am. The share business would commence from 9.30 am, and would end at 1.00 pm on Mo
Published 05 Oct, 2005 12:00am