It is shocking to learn from the Annual Report of the Company about the sudden demise of the renowned industrialist and founder Chairman/of the company, Abdul Razzak Tabba on May 19, 2005.
The US military on Tuesday said that one of its Chinook helicopters delivering aid to earthquake victims was believed to have come under fire in Azad Jammu and Kashmir (AJK), but Islamabad denied the claim.
Prime Minister Shaukat Aziz said here on Tuesday the government is providing a very conducive climate of investment in the country, as we believe in providing a level playing field to investors, local as well as foreign.
Prime Minister Shaukat Aziz said here on Tuesday the government is providing a very conducive climate of investment in the country, as we believe in providing a level playing field to investors, local as well as foreign.
Prime Minister Shaukat Aziz said here on Tuesday the government is providing a very conducive climate of investment in the country, as we believe in providing a level playing field to investors, local as well as foreign.
India on Tuesday responded cautiously to Pakistan's suggestion that the rivals demilitarise disputed Kashmir to speed up relief efforts after last month's quake which claimed 58,000 lives, saying the step could not be taken unilaterally.
India on Tuesday responded cautiously to Pakistan's suggestion that the rivals demilitarise disputed Kashmir to speed up relief efforts after last month's quake which claimed 58,000 lives, saying the step could not be taken unilaterally.
Total share of telecom sector in the GDP is likely to touch 3 percent in the next three to five years. The share of telecom sector in GDP has increased from 1.5 percent in 1999-00 to 1.9 percent in 2004-05. The tele-density in the country has jumped to 13
Yields on the BMA-PGBI increased by 1.5 bps and its value increased by 0.02% to close at 99.3065. The yield to maturities for the short and long tenors remained stable. The medium tenors saw a 1 basis point increase in yields, but only amongst the 6 - 7 y
Total share of telecom sector in the GDP is likely to touch 3 percent in the next three to five years. The share of telecom sector in GDP has increased from 1.5 percent in 1999-00 to 1.9 percent in 2004-05. The tele-density in the country has jumped to 13
Yields on the BMA-PGBI increased by 1.5 bps and its value increased by 0.02% to close at 99.3065. The yield to maturities for the short and long tenors remained stable. The medium tenors saw a 1 basis point increase in yields, but only amongst the 6 - 7 y
Total share of telecom sector in the GDP is likely to touch 3 percent in the next three to five years. The share of telecom sector in GDP has increased from 1.5 percent in 1999-00 to 1.9 percent in 2004-05. The tele-density in the country has jumped to 13
Yields on the BMA-PGBI increased by 1.5 bps and its value increased by 0.02% to close at 99.3065. The yield to maturities for the short and long tenors remained stable. The medium tenors saw a 1 basis point increase in yields, but only amongst the 6 - 7 y
British foreign secretary Jack Straw ruled out a policy of regime change against Iran on Tuesday amid mounting concern about Tehran's development of nuclear weapons and its stance towards Israel.
Special court headed by Pervez Ali Chawala convicted a drug peddler Dilawar Hussain for life imprisonment with a fine of Rs 500,000. The court also convicted another accused Sarwar for 14-year imprisonment with a fine of Rs 200,000. Anti Narcotic Force (A
The Japanese government will set up a forensic investigation science laboratory in Pakistan for DNA testing of earthquake victims for correct identification, a six-member delegation of Japan government said on Tuesday.
The State Bank of Pakistan has brought out a monthly pamphlet ''Inflation Monitor'' to inform the public about the process of inflation. This is based on the price data meticulously compiled by the Federal Bureau of Statistics and shared with the central
The State Bank of Pakistan has brought out a monthly pamphlet 'Inflation Monitor' to inform the public about the process of inflation. This is based on the price data meticulously compiled by the Federal Bureau of Statistics and shared with the central ba
The State Bank of Pakistan has brought out a monthly pamphlet 'Inflation Monitor' to inform the public about the process of inflation. This is based on the price data meticulously compiled by the Federal Bureau of Statistics and shared with the central ba
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (November 01, 2005).
The Federal Reserve raised US interest rates on Tuesday for the 12th straight time, taking them to the highest level in more than four years and indicating more hikes will be needed to keep inflation at bay.
The Federal Reserve raised US interest rates on Tuesday for the 12th straight time, taking them to the highest level in more than four years and indicating more hikes will be needed to keep inflation at bay.
The Federal Reserve raised US interest rates on Tuesday for the 12th straight time, taking them to the highest level in more than four years and indicating more hikes will be needed to keep inflation at bay.
The Privatisation Commission has received 12 statements of qualifications (SoQs) each from the potential investors for the privatisation of Pakistan Steel Mills Corporation (PSMC) and Pak American Fertilisers Limited (PAFL).
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
The Privatisation Commission has received 12 statements of qualifications (SoQs) each from the potential investors for the privatisation of Pakistan Steel Mills Corporation (PSMC) and Pak American Fertilisers Limited (PAFL).
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
The Privatisation Commission has received 12 statements of qualifications (SoQs) each from the potential investors for the privatisation of Pakistan Steel Mills Corporation (PSMC) and Pak American Fertilisers Limited (PAFL).
Saudi Arabia, and most Gulf Arab states will celebrate the Eid-ul-Fitr on Thursday to mark the end of the holy month of Ramazan, state media said on Tuesday. The UAE, Bahrain, Qatar, Kuwait and Yemen will also start the holiday on Thursday.
Saudi Arabia, and most Gulf Arab states will celebrate the Eid-ul-Fitr on Thursday to mark the end of the holy month of Ramazan, state media said on Tuesday. The UAE, Bahrain, Qatar, Kuwait and Yemen will also start the holiday on Thursday.
The medics in the back of the US Army helicopter got down on their knees, one blowing air through a valve into the Pakistani baby's mouth, the other holding an intravenous drip in its foot.
International aid agencies have received less than one quarter of the funding they need for emergency relief for Pakistani quake victims, nearly one week after donors promised more money, the United Nations on Tuesday said.
The President of the International Committee of the Red Cross (ICRC), Jakob Kellenberger has said that every effort must be made to enable victims of the earthquake to remain in or close to their villages over the winter.
International aid agencies have received less than one quarter of the funding they need for emergency relief for Pakistani quake victims, nearly one week after donors promised more money, the United Nations on Tuesday said.
The Technical Committee of Dow University of Health Sciences (DUHS) has decided to spare 10 beds in each ward (total of 100 beds) of Civil Hospital Karachi (CHK) to treat patients shifted from areas affected by October 8 devastating earthquake.
President General Pervez Musharraf on Tuesday said that the Government "is committed to rehabilitation of vulnerable earthquake victims", including orphaned children, widows and disabled persons through an integrated approach aimed at providing them adequ
A group of psychiatrists and psychologists left for earthquake-affected areas here on Tuesday as part of PMA-Karachi Relief Team, led by its general secretary surgeon Qaiser Sajjad.
President General Pervez Musharraf on Tuesday said that the Government "is committed to rehabilitation of vulnerable earthquake victims", including orphaned children, widows and disabled persons through an integrated approach aimed at providing them adequ
Pakistan Islamic Medical Association (Pima) in collaboration with Al-Khidmat Foundation of Pakistan has so far delivered medicines and medical help over rupees 50 million to the quake victims whereas manifold humanitarian aid has been provided so far.
Special centres for rehabilitation of earthquake victims suffering from paralysis of the lower limbs due to spinal cord injuries will be established in Islamabad, Muzaffarabad and Mansehra.
A 200-bed hospital having the facility of operation theatre has been established in Balakot by the business community of Sialkot for providing immediate and timely medical treatment facilities to the quake-hit people of Balakot and its adjoining areas.
US coffee futures ended down nearly 2 percent on Monday after speculators sold on a cocktail of factors and drove the benchmark contract to its lowest level in four weeks, traders said.
US cocoa futures extended last week's losses on Monday, with speculative liquidation and short selling knocking the benchmark delivery down 2.2 percent to near its contract low, market sources said.
Australia's monopoly wheat exporter AWB Ltd on Tuesday welcomed a government inquiry into its contracts in Iraq after a United Nations report named it as having been involved in kickbacks to the former regime of Saddam Hussein.
Taiwan importers will be seeking shipments of US soyabeans and wheat this week, while corn purchases remain muted as fears of bird flu continue to stymie demand, traders said on Tuesday.
Vietnam, the world's second-largest coffee producer after Brazil, said higher global oil prices this year have pushed up its production cost by 20-25 percent to around 10,000 dong (63 US cents) per kilograms of beans.
South Africa's gold production for the first half of 2005 declined by 12.4 percent to 147.9 tonnes from the same period last year, with total sales revenue also falling, the department of minerals said.
The Thai grains trade is expected to remain sluggish over the next week with importers not keen on buying with domestic poultry demand weak following new bird flu outbreaks, traders said on Tuesday.
The Karachi Port handled 46,568 tonnes of cargo including 35,980 tonnes import and 10,588 tonnes export cargo including 1,264 containers during last 24 hours ending at 0700 hours on Tuesday. The cargo comprised of 42,368 tonnes dry cargo including 23,585
China's biggest shipping and ports firm, Cosco Group, will take a stake in the second phase of Shanghai's $12 billion deepwater port and more than double container shipping capacity by 2010, its top executive said on Tuesday.
Corn futures at the Chicago Board of Trade closed lower on Monday and new contract lows were set amid harvest of a big US corn crop, traders said. "The yield reports are still good and even though no one knows for sure what to do with this bird flu, it ce
South African maize prices fell on Tuesday on the promise of good rains, a trend set to dominate the market in coming months as the country's grain heartland heads into the summer wet season, traders said.
Rising biofuel demand means EU rapeseed oil imports are likely to rise more strongly than expected this season while the EU will increasingly use soyaoil for fuel, Hamburg-based oilseeds analysts Oil World forecasts.
Zambia's chief copper producer Konkola will use $400 million from parent Vedanta Resources to expand its smelter and improve underground operations to increase production, the company said.
Ukrainian farms have harvested 97 percent of the 2005 sunflower area, with the crop reaching a record 4.743 million tonnes bunker weight, the Farm Ministry said on Tuesday.
Wheat futures at the Chicago Board of Trade closed lower on Monday but gained back some ground against both Kansas City and Minneapolis wheat in inter-market trade, traders said.
The official spot rate maintained its surge, gaining further on the cotton market on Tuesday on reports of decline in the phutti arrivals, dealers said. The official spot rate picked up another Rs 25 to Rs 2350, without upcountry expenses.
China, one of the world's top sugar consumers, expects output to grow more than 7.0 percent to 9.8 - 10 million tonnes in the year through September 2006, government officials said on Tuesday.
The trading on dyes sector moved both ways on Tuesday on Jodia Bazar. The following changes were seen in China Ten Jin Blue x GRL 250pc up Rs 40 to Rs 240, Red 3R 250pc up Rs 20 to Rs 300, Yellow 500pc 7GL down Rs 10 to Rs 570, ATT Acid Black up Rs 5 to R
South Korean feed millers have bought about 160,000 tonnes of corn for feed production through private negotiations from Cargill, with arrivals between December and January, trade sources said on Tuesday.
US copper futures closed down on Monday but managed to hold and settle above the $1.80 a lb. level in quiet dealings due to the beginning of the London Metal Exchange dinner week, sources said.
Tokyo gold futures slipped on Tuesday as falls in oil prices and the dollar-based spot price in New York prompted sales from investors, but a weaker yen versus the dollar provided a cushion for the yen-based yellow metal.
Gold futures in New York tumbled on Monday to close at a 10-day low, as a stronger dollar, falling oil price and gains in the stock market touched off a round of heavy fund selling, dealers and analysts said.
Gold rebounded in Asia on Tuesday thanks to buying interest triggered after the metal's sharp falls in New York, but public holidays in the region slowed trade.
Chinese farmers have planted slightly more winter wheat this year despite rain in October which delayed sowing of the crop for more than a week, agriculture officials said on Tuesday.
Oil prices held below $60 on Tuesday as mild temperatures in the US Northeast and Japan limited demand for heating fuel. US crude edged 2 cents lower to $59.74 a barrel, after hitting a three-month low on Monday and ending $1.46 down. London Brent crude w
Copper futures were on the defensive in Asian trading on Tuesday after sliding from peaks set in London as weakness in oil, gold and other commodity prices encouraged fund operators to lighten positions in the metal.
The amount of rubber used to make tyres in Japan rose 6.7 percent in September from a year to 116,615 tonnes, data from the Japan Automobile Tyre Manufacturers' Association showed on Tuesday.
Thai rice futures fell for the third consecutive session on Tuesday due to profit taking, brokers said. Overall volume dropped as 51 contracts of 5 percent white rice changed hands compared to Monday's 84.
Raw sugar prices crumbled from speculative fund selling to finish on Monday at their lowest level in over a month, and operators feel the sweetener may slip further from more fund sales in the days ahead.
Soyabean futures at the Chicago Board of Trade ended weak on Monday with harvesting of an abundant supply of soya in the United States and generally satisfactory crop weather in South American soya areas weighing on prices, traders said.
Asian rubber prices were unchanged on Tuesday in thin trade due to holidays in Singapore and Malaysia, but traders saw some support as Tokyo futures recovered from a sharp fall.
Indonesia is forecasting decreased output of unhooked rice, but corn and soyabeans are seen rising this year, the state statistics bureau said on Tuesday.
Mitsubishi Electric Corp said on Tuesday it has won an order for a satellite from Space Communications Corp, breaking into Japan's commercial communications satellite market.
Procter & Gamble Co, the maker of Crest toothpaste and Tide laundry detergent, posted a 4 percent rise in quarterly profit on Tuesday, as strong sales of health and beauty items offset rising raw material costs and the impact of hurricanes on its coffee b
Procter & Gamble Co, the maker of Crest toothpaste and Tide laundry detergent, posted a 4 percent rise in quarterly profit on Tuesday, as strong sales of health and beauty items offset rising raw material costs and the impact of hurricanes on its coffee b