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Print - 2005-10-29
Task force formed to cleanse NTN database

Task force formed to cleanse NTN database

The Central Board of Revenue (CBR) has identified serious discrepancies in the National Tax Number (NTN) database, and has constituted a task force to start cleansing data of those taxpayer who have either closed their business or are not operating, for a
Published 29 Oct, 2005 12:00am
NWFP needs Rs 5 billion to rebuild health facilities

NWFP needs Rs 5 billion to rebuild health facilities

The devastated October 8 earthquake has played havoc with the health facilities in the five worst affected districts of the North West Frontier Province (NWFP) and their reconstruction would require an amount of Rs 5 billion.
Published 29 Oct, 2005 12:00am
Girl among 4 killed in various mishaps

Girl among 4 killed in various mishaps

Four persons including a girl were killed, while more than one dozen injured, two of them seriously in various road mishaps. First accident took place in Ghulam Muhammadabad Colony, where Samual Masih and his younger sister were crushed to death by an urb
Published 29 Oct, 2005 12:00am
Entire family killed in road mishap

Entire family killed in road mishap

A family of four member died when a Shujabad bound bus crushed a motorcyclist in Lodhran on Thursday. Muhammad Qasim and his two children Abdullah and Aqsa died on the spot while his wife Hafeezan Bibi died in Bahawa Victoria Hospital, Bahawalpur on Frida
Published 29 Oct, 2005 12:00am
Jumatul Wida observed with religious zeal

Jumatul Wida observed with religious zeal

Muslims in Pakistan and elsewhere in the world offered last Friday of the holy month of Ramazan [Jumatul Wida] with religious fervour amid emotional prayers for Muslim Ummah and the success of its causes.
Published 29 Oct, 2005 12:00am
The Weather

The Weather

The weather report on Friday (October 28, 2005) and the forecast for Saturday (October 29, 2005).
Published 29 Oct, 2005 12:00am
New York cotton

New York cotton

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

Published 29 Oct, 2005 12:00am
AETO dismissed, another reverted

AETO dismissed, another reverted

With a view to ensuring good governance, the excise & taxation department has taken action against some officers of the department. A spokesman of the E&T department said here on Friday that Assistant Excise & Taxation Officer (AETO) Pakpattan, Maqsood Pe
Published 29 Oct, 2005 12:00am
New York cotton

New York cotton

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

Published 29 Oct, 2005 12:00am
PhD degree awarded

PhD degree awarded

Punjab University has awarded PhD degree to Muhammad Asghar Sultan, son of Hidayat Ali, on his paper titled "Biochemical study of hormone receptors in diabetes mellitus," accomplished under the supervision of School of Biological Sciences, PU.
Published 29 Oct, 2005 12:00am
Key stock market movements at 1700 GMT on October 28

Key stock market movements at 1700 GMT on October 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 Oct, 2005 12:00am
LCCI and Wapda pledge to resolve traders' problems

LCCI and Wapda pledge to resolve traders' problems

The LCCI-Wapda Dispute Resolving Committee on Friday pledged to solve all the issues and problems facing the business community amicably. The meeting, which was jointly chaired by the Lesco chief Akram Arian and LCCI president Mian Shafqat Ali, also decid
Published 29 Oct, 2005 12:00am
Literacy rate still below PRSP target

Literacy rate still below PRSP target

Literacy rate (10 years and older) has increased substantially from 16.7 percent in 1961 to 53 percent in 2004-05, but it is still below the PRSP target of 58 percent for 2004-05. The MDG target is to increase the literacy rate to 88 percent by 2015.
Published 29 Oct, 2005 12:00am
British MPs call on Prime Minister

British MPs call on Prime Minister

Prime Minister Shaukat Aziz has appreciated the support provided by the government and non-governmental organisations of UK and the European Union for earthquake-affected areas of Pakistan.
Published 29 Oct, 2005 12:00am
Prime Minister commends world support for quake victims

Prime Minister commends world support for quake victims

A two-member delegation comprising Bishop Michael Nazir Ali, Member House of Lords and Bishop of Rochester and Bishop Azad Marshal Bishop of Gulf and Iran called on Prime Minister Shaukat Aziz here on Friday.
Published 29 Oct, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 29 Oct, 2005 12:00am
Worldcall and Mobilink sign accord

Worldcall and Mobilink sign accord

Worldcall and Mobilink signed interconnect agreement for bilateral exchange of traffic and services. The physical connectivity has been established in Lahore, Karachi, Faisalabad and Islamabad.
Published 29 Oct, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (October 28, 2005) and Saturday (October 29, 2005).
Published 29 Oct, 2005 12:00am
Prayers for safety in Friday congregations

Prayers for safety in Friday congregations

Large numbers of faithful attended the Friday Prayers and prayed for the relief and succour of the quake-affected in the country as also for the safety of the whole nation in view of continued aftershocks that are being felt frequently.
Published 29 Oct, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

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

Published 29 Oct, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 29 Oct, 2005 12:00am
October 8 quake bigger than tsunami: Crocker

October 8 quake bigger than tsunami: Crocker

The US Ambassador in Pakistan Ryon C Crocker termed the earthquake in Azad Kashmir and NWFP as bigger than Tsunami disaster and said it needed a long-term planning to rehabilitate of the quake victims. He was talking to newsmen after visiting the earthqua
Published 29 Oct, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 29 Oct, 2005 12:00am
Cabinet panel raises Rs 8.4 billion for relief work

Cabinet panel raises Rs 8.4 billion for relief work

The Cabinet Committee on Fund Raising has mobilised Rs 8.4 billion from 239 business groups for earthquake relief fund, said Federal Minister for Privatisation and Investment Dr Abdul Hafeez Shaikh.
Published 29 Oct, 2005 12:00am
Quake toll tops 55,000: Sherpao

Quake toll tops 55,000: Sherpao

The death toll from the October 8 massive earthquake has increased to 55,000 and is likely to rise, Interior Minister Aftab Ahmad Khan Sherpao said here on Friday.
Published 29 Oct, 2005 12:00am
Work on optical fibre cable on October 30

Work on optical fibre cable on October 30

Pakistan Telecommunication Limited will carry out development work on its spur optical fibre cable on October 30, at OFS terminal Abbottabad from 12:00 hours to 02:00 hours.
Published 29 Oct, 2005 12:00am
THE RUPEE: dollar sheds five paisa more in open market

THE RUPEE: dollar sheds five paisa more in open market

Rupee's appreciation versus the dollar persisted in the currency market on Friday owing to significant supply of the US currency, Syed Nabeel Iqbal, the Marketing Manager of the Khanani and Kalia International said.
Published 29 Oct, 2005 12:00am
Juma-tul-Wida observed with religious fervour

Juma-tul-Wida observed with religious fervour

The nation observed Juma-tul-Wida (the last Friday of the holy month of Ramazan) with religious zeal and fervour throughout the country. Large congregations were held at mosques where the faithful offered prayers.
Published 29 Oct, 2005 12:00am
THE RUPEE: dollar sheds five paisa more in open market

THE RUPEE: dollar sheds five paisa more in open market

Rupee's appreciation versus the dollar persisted in the currency market on Friday owing to significant supply of the US currency, Syed Nabeel Iqbal, the Marketing Manager of the Khanani and Kalia International said.
Published 29 Oct, 2005 12:00am
President supports Nepal's sovereignty

President supports Nepal's sovereignty

President General Pervez Musharraf has reaffirmed Pakistan's continued support for Nepal's unity, territorial integrity and sovereignty as well as its economic development and thanked the South Asian country for extending assistance to Pakistan's earthqua
Published 29 Oct, 2005 12:00am
31 firms blacklisted for filing fake sales tax invoices

31 firms blacklisted for filing fake sales tax invoices

The Faisalabad Sales Tax Collectorate has blacklisted 31 firms on charges of filing bogus or unconfirmed sales tax invoices, said Collector Shafqat Mahmood while addressing an Iftar party by Pakistan Textile Exporters Association (PETA) here on Thursday e
Published 29 Oct, 2005 12:00am
Housing demand may rise

Housing demand may rise

With an annual shortfall of 270,000 housing units, the demand of housing may now rise after the October 8 earthquake, which has left 3.3 million people homeless in Northern Areas and AJK. On an annual basis, Pakistan needs 570,000 units against the actual
Published 29 Oct, 2005 12:00am
'Rehabilitation work to take 10 years'

'Rehabilitation work to take 10 years'

Makhdoom Javed Hashmi, acting chief of Pakistan Muslim League (N) has asked the opposition parties not to participate in the All Parties Conference convened by the ruling Muslim League at the behest of General Pervez Musharraf and put pressure on the rule
Published 29 Oct, 2005 12:00am
Benazir to attend world leaders' moot

Benazir to attend world leaders' moot

Pakistan Peoples Party (PPP) Chairperson and former Prime Minister Benazir Bhutto will attend the world leadership summit in Abu Dhabi on November 15. Former US President Bill Clinton and other world leaders would also attend the moot.
Published 29 Oct, 2005 12:00am
'Government in contact with opposition for APC'

'Government in contact with opposition for APC'

The government is planning to hold an all parties conference (APC) to discuss the relief and rehabilitation task in the earthquake affected areas and the opposition parties are being contacted in this regard.
Published 29 Oct, 2005 12:00am
Opposition rejects APC invitation: Qazi

Opposition rejects APC invitation: Qazi

All the opposition parties, including Muttahida Majlis-i-Amal (MMA), have decided to boycott the all parties conference (APC) convened by President General Pervez Musharraf, as we cannot ratify those decisions that have already been taken by the governmen
Published 29 Oct, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (October 28, 2005).

Published 29 Oct, 2005 12:00am
Three Afghan provinces want to buy power from Pakistan

Three Afghan provinces want to buy power from Pakistan

Governors of three Afghan provinces have asked the central government and the international community to launch a reconstruction campaign in the south-eastern region now that the security situation has improved.
Published 29 Oct, 2005 12:00am
CITs conference to reconcile NTN issue with SECP

CITs conference to reconcile NTN issue with SECP

The Central Board of Revenue (CBR) will start reconciliation of companies, having National Tax Number (NTN), with the Securities and Exchange Commission of Pakistan (SECP) database to identify the companies operating without tax number.
Published 29 Oct, 2005 12:00am
CITs conference to reconcile NTN issue with SECP

CITs conference to reconcile NTN issue with SECP

The Central Board of Revenue (CBR) will start reconciliation of companies, having National Tax Number (NTN), with the Securities and Exchange Commission of Pakistan (SECP) database to identify the companies operating without tax number.
Published 29 Oct, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 28, 2005).

Published 29 Oct, 2005 12:00am
CITs conference to reconcile NTN issue with SECP

CITs conference to reconcile NTN issue with SECP

The Central Board of Revenue (CBR) will start reconciliation of companies, having National Tax Number (NTN), with the Securities and Exchange Commission of Pakistan (SECP) database to identify the companies operating without tax number.
Published 29 Oct, 2005 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 28, 2005).
Published 29 Oct, 2005 12:00am
Chevron profit rises

Chevron profit rises

No 2 US oil company Chevron Corp on Friday posted a 12 percent rise in quarterly profit on the back of record crude oil prices, but damage and production outages from recent hurricanes dragged results below Wall Street forecasts.
Published 29 Oct, 2005 12:00am
Chevron profit rises

Chevron profit rises

No 2 US oil company Chevron Corp on Friday posted a 12 percent rise in quarterly profit on the back of record crude oil prices, but damage and production outages from recent hurricanes dragged results below Wall Street forecasts.
Published 29 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 Friday (October 28, 2005).

Published 29 Oct, 2005 12:00am
StanChart seeks China branch network expansion

StanChart seeks China branch network expansion

Standard Chartered Plc is focusing on expanding its network and product range in China prior to the opening of the country's banking sector to foreign lenders, its top executive in China said on Monday.
Published 29 Oct, 2005 12:00am
UN rights rapporteur urges world to spur Myanmar democracy

UN rights rapporteur urges world to spur Myanmar democracy

Military rulers are driving Myanmar into further isolation and the world community, particularly neighbouring states, must help find a constructive way out of the impasse, a UN rights official said Thursday.
Published 29 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 Friday (October 28, 2005).

Published 29 Oct, 2005 12:00am
Brazil account surplus soars, FDI plunges

Brazil account surplus soars, FDI plunges

Brazil's current account surplus nearly tripled in September from August as strong exports girded South America's largest economy against financial shocks, central bank figures showed on Friday.
Published 29 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 Friday (October 28, 2005).

Published 29 Oct, 2005 12:00am
Shell says no concessions to Pernis workers

Shell says no concessions to Pernis workers

Oil major Shell said on Friday it could not make any further concessions on pension demands by workers planning to go on strike at its 418,000 barrel per day Pernis refinery in Rotterdam.
Published 29 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 Friday (October 28, 2005).

Published 29 Oct, 2005 12:00am
Karachi police chief transferred

Karachi police chief transferred

Capital City Police Officer Tariq Jameel has been transferred and asked to report to Establishment Division with immediate effect. DIG Administration, Sindh Police, Zafar Ahmed Farooqui, is expected to replace him, it is learnt.
Published 29 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 29 Oct, 2005 12:00am
Karachi police chief transferred

Karachi police chief transferred

Capital City Police Officer Tariq Jameel has been transferred and asked to report to Establishment Division with immediate effect. DIG Administration, Sindh Police, Zafar Ahmed Farooqui, is expected to replace him, it is learnt.
Published 29 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 29 Oct, 2005 12:00am
Fitra fixed at Rs 30

Fitra fixed at Rs 30

The Ulema have fixed Fitra at the rate of Rs 30 per head on the eve of the Eid-ul-Fitr. They asked the people to give Fitra to the most deserving people, adding the best use of their Fitra was to send their amount to the earthquake victims.
Published 29 Oct, 2005 12:00am
Fitra fixed at Rs 30

Fitra fixed at Rs 30

The Ulema have fixed Fitra at the rate of Rs 30 per head on the eve of the Eid-ul-Fitr. They asked the people to give Fitra to the most deserving people, adding the best use of their Fitra was to send their amount to the earthquake victims.
Published 29 Oct, 2005 12:00am
Downslide in liquid foreign exchange reserves continues

Downslide in liquid foreign exchange reserves continues

Downslide in liquid foreign exchange reserves continues unabated which, according to statistics released by the State Bank on October 27, stood reduced to 11,601.7 million dollars as on October 22.
Published 29 Oct, 2005 12:00am
British parliamentarians call on Punjab chief minister

British parliamentarians call on Punjab chief minister

British Parliament Member Muhammad Sarwar met Punjab Chief Minister Chaudhry Pervaiz Elahi on Friday. Member British Parliament Shahid Malik, Sadik Khan and others accompanied him on the occasion.
Published 29 Oct, 2005 12:00am
Downslide in liquid foreign exchange reserves continues

Downslide in liquid foreign exchange reserves continues

Downslide in liquid foreign exchange reserves continues unabated which, according to statistics released by the State Bank on October 27, stood reduced to 11,601.7 million dollars as on October 22.
Published 29 Oct, 2005 12:00am
Shaukat to lead Pakistan's team at Saarc summit

Shaukat to lead Pakistan's team at Saarc summit

Prime Minister Shaukat Aziz would represent Pakistan at the Saarc Summit to be held in Dhaka, Bangladesh, on November 12 and 13. Foreign Office said Pakistan would participate in the summit despite its focus on massive relief efforts after deadly earthqua
Published 29 Oct, 2005 12:00am
Downslide in liquid foreign exchange reserves continues

Downslide in liquid foreign exchange reserves continues

Downslide in liquid foreign exchange reserves continues unabated which, according to statistics released by the State Bank on October 27, stood reduced to 11,601.7 million dollars as on October 22.
Published 29 Oct, 2005 12:00am
AWT donates Rs 100 million

AWT donates Rs 100 million

The Army Welfare Trust has donated Rs 100 million, of which Rs 30 million were donated by the Askari Bank for the relief and rehabilitation of the earthquake victims, said a press release issued here on Friday.
Published 29 Oct, 2005 12:00am
LoIs issued for eight hydro power projects

LoIs issued for eight hydro power projects

The government has issued Letters of Interest (LoIs) for eight hydro power projects of 1804 MW capacity to different local and international companies, including China International Water and Electric Corporation (CIWEC), which has been denied one project
Published 29 Oct, 2005 12:00am
Bazm-e-Sciency Adab sitting today

Bazm-e-Sciency Adab sitting today

The 130th monthly sitting of Bazm-e-Sciency Adab will be held on Saturday at Salimuzzaman Siddiqui Science Centre (PASSP Club) Gulshan-e-Iqbal, Karachi.
Published 29 Oct, 2005 12:00am
LoIs issued for eight hydro power projects

LoIs issued for eight hydro power projects

The government has issued Letters of Interest (LoIs) for eight hydro power projects of 1804 MW capacity to different local and international companies, including China International Water and Electric Corporation (CIWEC), which has been denied one project
Published 29 Oct, 2005 12:00am
Oil-for-food documents 'falsified': Russia

Oil-for-food documents 'falsified': Russia

Some of the documents transmitted to Russia by the independent commission investigating alleged fraud in the UN oil-for-food programme for Iraq bore falsified signatures, Russian Foreign Minister Sergei Lavrov said Friday.
Published 29 Oct, 2005 12:00am
LoIs issued for eight hydro power projects

LoIs issued for eight hydro power projects

The government has issued Letters of Interest (LoIs) for eight hydro power projects of 1804 MW capacity to different local and international companies, including China International Water and Electric Corporation (CIWEC), which has been denied one project
Published 29 Oct, 2005 12:00am
Workers across Belgium strike over pension reform

Workers across Belgium strike over pension reform

Workers across Belgium went on strike on Friday, paralysing public transport, halting production lines, and disrupting port activities in protest against government plans to raise the age for early retirement.
Published 29 Oct, 2005 12:00am
$250 million urgently needed to avert massive death wave

$250 million urgently needed to avert massive death wave

The United Nations immediately needs $250 million to avert second imminent massive wave of deaths in the earthquake devastated areas of northern Pakistan and Azad Kashmir, UN Resident Representative and Humanitarian Co-ordinator in Pakistan Jan Vandemoort
Published 29 Oct, 2005 12:00am
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