Yields on the BMA-PGBI increased by 3 pps and its value increased by 0.02% to close at 100.1768. The yields for the short tenors increased by 1 basis point, while the medium tenors remained unchanged.
A Korean ultra-sound machine manufacturing company "Medison" has donated three ultra-sound machines worth Rs 3 million for the diagnosis and treatment of earthquake-affected people in Azad Kashmir and Hazara Division.
An Italian ship RO-RO is expected to arrive here from Italy to disembark 1800 tonnes of material and vehicles provided by the Italian team for the rescue needs of the October 8 earthquake affected population and the reconstruction of the infrastructures o
Minister for Information and Broadcasting Sheikh Rashid Ahmed met Malaysian Information Minister Datuk Seri Abdul Kadir Sheikh Fadzir on the sidelines of 6th Ministerial meeting of Non-Aligned countries.
Prime Minister Shaukat Aziz on Monday offered deep gratitude to the people and government of Turkey for their whole-hearted support in the aftermath of October 8 earthquake and said the historical ties between the two countries would continue to gain stre
Australian Prime Minister John Howard arrived here on Monday on a three-day visit. He was received at the airport by the Minister in Waiting Ijazul Haq, Australian High Commissioner to Pakistan Zorica McCarthy and other senior civil and military officials
Australian Prime Minister John Howard arrived here on Monday on a three-day visit. He was received at the airport by the Minister in Waiting Ijazul Haq, Australian High Commissioner to Pakistan Zorica McCarthy and other senior civil and military officials
United States ambassador Ryon C. Crocker on Monday reiterated the US commitment to help and assist the Pakistan government overcome the disaster-related problems.
The United Nations High Commissioner for Refugees (UNHCR), António Guterres will arrive here on November 24 to review UNHCR's earthquake relief operations.
The KSE index once again failed to cross the 9000 level as sellers outnumbered buyers on Monday, reducing the overall gains made during the morning session as some of the quarters saw swapping of November futures.
The KSE index once again failed to cross the 9000 level as sellers outnumbered buyers on Monday, reducing the overall gains made during the morning session as some of the quarters saw swapping of November futures.
The KSE index once again failed to cross the 9000 level as sellers outnumbered buyers on Monday, reducing the overall gains made during the morning session as some of the quarters saw swapping of November futures.
After recording an expansion of Rs 22 billion on October 29, 2005, money supply rose further to over Rs 33 billion on November 5, according to an update of the State Bank, released on November 21. The increase amounted to about Rs 11 billion over the week
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
After recording an expansion of Rs 22 billion on October 29, 2005, money supply rose further to over Rs 33 billion on November 5, according to an update of the State Bank, released on November 21. The increase amounted to about Rs 11 billion over the week
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
After recording an expansion of Rs 22 billion on October 29, 2005, money supply rose further to over Rs 33 billion on November 5, according to an update of the State Bank, released on November 21. The increase amounted to about Rs 11 billion over the week
The National Bank of Pakistan (NBP) has a current foreign trade operations of $15 billion and its target is $29 billion within three years. This was stated by NBP President Ali Raza while talking to newsmen during a short break in the 'Overseas Conference
The Central Board of Revenue needs thorough and quick reforms ie transparency, capacity building, maximum induction of modern machinery and automation to rectify its image and credibility among the stakeholder.
The National Productivity Organisation (NPO), Ministry of Industries, Production and Special Initiatives, is hosting an international symposium on Six Sigma corporations from November 22 to 25 in the provincial metropolis.
The Government wants a quantum jump in tax-to-GDP ratio by restructuring the tax policies, Chairman, Central Board of Revenue (CBR), Abdullah Yousaf, said here on Monday.
Ashfaq Ahmad Gondal, a BS-21 officer of Information Group on Monday assumed the charge of the post of Director General / Principal Information Officer (PIO), Press Information Department Islamabad.
The Government wants a quantum jump in tax-to-GDP ratio by restructuring the tax policies, Chairman, Central Board of Revenue (CBR), Abdullah Yousaf, said here on Monday.
The National Assembly Standing Committee on House and Library on Monday directed the Capital Development Authority (CDA) to immediately get cracks in the structures of the Parliament House and Lodges repaired which were developed due to recent earthquake.
The Government wants a quantum jump in tax-to-GDP ratio by restructuring the tax policies, Chairman, Central Board of Revenue (CBR), Abdullah Yousaf, said here on Monday.
Pakistan has proposed to India that the trial run of the Lahore-Amritsar bus service be held on December 11-13 and technical talks on Nankana Sahib-Amritsar bus service on December 20-21.
Wife of Ameer Jamaat-i-Islami (JI) Qazi Hussain Ahmed was injured in a road mishap near Kohala on Sunday evening. According to details, Begum Qazi Hussain Ahmed was coming back from Muzzafarabad along with other women workers of JI, when a vehicle hit her
Pakistan has proposed to India that the trial run of the Lahore-Amritsar bus service be held on December 11-13 and technical talks on Nankana Sahib-Amritsar bus service on December 20-21.
The October 8 earthquake was enough to jolt many, as the participants at a recent fundraiser at the World Bank, saw Pakistani and Indian American students of the SAIS, working together to plead the case of the affected people.
Pakistan all rounder Shahid Afridi has been banned for one test and two one-dayers after admitting damaging the pitch with his boots in an incident after tea on day two of the second test against England on Monday.
An earthquake of moderate intensity measuring 5.3 on the international Richter scale was recorded by the Seismological Network here on Monday. The earthquake was felt at Peshawar, Islamabad and Mansehra. The earthquake originated at 1326 hours and its epi
Prime Minister Shaukat Aziz on Monday constituted a Committee of Parliamentarians to review the relief and rehabilitation work in the quake-hit areas and summoned its first meeting here on Wednesday.
The First Habib Bank Modaraba (FHBM), a wholly owned subsidiary of Habib Bank Limited, has contributed Rs 1 million to the President's Relief Fund to aid the recovery of victims of the October 8 earthquake.
Prime Minister Shaukat Aziz on Monday constituted a Committee of Parliamentarians to review the relief and rehabilitation work in the quake-hit areas and summoned its first meeting here on Wednesday.
Higher trend was seen in the forward cottonseed oilcake market on Monday due to short supply position, dealers said. The December vaida commenced unchanged at Rs 445.70 and that proved to be day's lowest at the same rate, dealers said.
The State Bank of Pakistan (SBP) reported on Monday that total foreign private investment in July-October 2005-06 increased by 127 percent to $682 million from $300.3 million in corresponding period of last year.
Cotton prices were higher in the local market on Monday as spinners continued purchasing of best quality of cotton mainly from the Punjab centres, dealers said.
The State Bank of Pakistan (SBP) reported on Monday that total foreign private investment in July-October 2005-06 increased by 127 percent to $682 million from $300.3 million in corresponding period of last year.
Steadier trend was witnessed on the grain market on Monday as most of the commodity items maintained the week-end levels due to good supply position, dealers said.
The State Bank of Pakistan (SBP) reported on Monday that total foreign private investment in July-October 2005-06 increased by 127 percent to $682 million from $300.3 million in corresponding period of last year.
Spot basis values for hard red winter wheat were mostly steady to firmer Monday, with scattered demand underpinning an otherwise lacklustre cash market, merchants said.
The Privatisation Commission (PC) and Ministry of Industries (MoI) have opposed Pakistan Steel Mills (PSM) proposal for making the entire 19,000 acres of land of the mills a part of the bid document to facilitate the buyer for its future expansion and dum
The Privatisation Commission (PC) and Ministry of Industries (MoI) have opposed Pakistan Steel Mills (PSM) proposal for making the entire 19,000 acres of land of the mills a part of the bid document to facilitate the buyer for its future expansion and dum
South Africa cut its estimate of next season's maize harvest area by 19 percent on Monday, as farmers said they would plant about half the amount of land compared to last year amid drought fears.
The Privatisation Commission (PC) and Ministry of Industries (MoI) have opposed Pakistan Steel Mills (PSM) proposal for making the entire 19,000 acres of land of the mills a part of the bid document to facilitate the buyer for its future expansion and dum
Iran, which says it was the first country to commercialise genetically modified rice in 2004, hopes to cut its imports of about 1 million tonnes each year by developing higher-yielding varieties, a senior scientist said.
The International Monetary Fund (IMF) has expressed concern over the Government Finance Statistics (GFS) which suffers from lack of general government finances due to inadequate reporting of fiscal operations by provinces and local governments.
China's State Reserves Bureau may be preparing to export around 30,000 tonnes of copper before end of November, traders said on Monday, to partially meet rumoured short positions.
The International Monetary Fund (IMF) has expressed concern over the Government Finance Statistics (GFS) which suffers from lack of general government finances due to inadequate reporting of fiscal operations by provinces and local governments.
A muddy trench, hundreds of metres long, marks what will become the Blaiken mine, which will start up in June 2006 in northern Sweden, evidence of a renaissance in Swedish mining thanks to surging metals prices.
The International Monetary Fund (IMF) has expressed concern over the Government Finance Statistics (GFS) which suffers from lack of general government finances due to inadequate reporting of fiscal operations by provinces and local governments.
Nippon Mining & Metals Co, Japan's top copper smelter, said on Monday that it had raised its copper price by 20,000 yen per tonne to 580,000 yen ($4,867) - the highest since March 1980.
Indonesia and Pakistan were on the "brink" of a major epidemic and were urged to speed up "their responses if they are to avoid serious HIV epidemics," a UN report said on Monday.
Russia's gold industry lobby cut on Monday its forecast for output this year to 175 tonnes from a previous forecast of 183 tonnes, and from 180.5 tonnes produced in 2004.
Indonesia and Pakistan were on the "brink" of a major epidemic and were urged to speed up "their responses if they are to avoid serious HIV epidemics," a UN report said on Monday.
Canadas Desert Sun Mining Corp discovered a new gold deposit at its Jacobina mine in Brazil that could significantly expand its inferred mineral resources, the company said Monday.
Cocoa arrivals at Ivory Coast's ports have reached about 300,000 tonnes this season and are picking up as farmers sell to avoid deterioration of their beans after holding back previously, exporters and buyers said on Monday.
Container liners serving the busy Pacific route between Asia and North America will increase the price of shipments to ports in the United States to cover higher inland transportation costs.
The Karachi Port handled 91,583 tonnes of cargo including 63,491 tonnes import and 28,092 tonnes export cargo including 1,872 containers during last 24 hours ending at 0700 hours on Monday.
India's largest grain procurement agency said on Monday there was no need for the country to import wheat because of sufficient stocks and stable prices.
Shanghai copper futures started strong on Monday in the wake of historically high international prices, but retreated to close just slightly up as additional spot supplies weighed on the market.
Tokyo gold futures rose to a new 15-year high on Monday as investors took the market's dip as a buying opportunity, amid expectations that gold will benefit from inflation and geopolitical risks.
Gold hovered below a multi-year peak in Asia on Monday while palladium, a metal used in jewellery and auto catalysts, rose to its highest level in 18 months on gains in Japan.
Oil rebounded on Monday from near five-month lows, boosted by chillier weather in the United States despite assurances that Opec would not consider cutting output unless prices fell further.
Asian rubber prices remained steady in thin trade on Monday, supported by tight raw material supply following rain over the weekend in major producing countries and a rise in Tokyo futures, traders said.
Malaysian exports of oil palm products for November 1-20 are estimated to have fallen 14 percent to 679,348 tonnes from the 789,289 tonnes tracked for October 1-20, Society General de Surveillance, a cargo surveyor, said on Monday.
Three tea processing plants are going to be set up in private sector in Bandarban, a hilly district of Bangladesh. It is learnt that the three tea processing plants are being set up soon in private sector with the assistance of Bangladesh Tea Board (BTB)
Corn buyers in South Korea, Japan and Taiwan are expected to keep a low profile this week, but overall demand in the region is seen likely to be solid despite rising concerns over bird flu.
South Korea's pledge to open its rice market, a politically charged issue angering local farmers, is getting blown off track and it will miss a target of higher imports this year, government officials and analysts said.
Saudi private carrier National Air Services (NAS) said on Monday it would launch the kingdom's first low-cost airline and was also preparing for an initial public offering in two years.
Saudi private carrier National Air Services (NAS) said on Monday it would launch the kingdom's first low-cost airline and was also preparing for an initial public offering in two years.
Intel Corp and Micron Technology Inc on Monday said they would form a new company to manufacture NAND flash memory for consumer electronics, removable data storage and handheld communications devices.
Iran has appointed a 27-year-old holder of a doctoral degree in management as head of its bourse, where stocks have been dropping, a stock exchange official told Reuters on Monday.
Bangladesh has set ambitious growth targets for coming years in an effort to cut poverty that grips nearly half the population, but economists said the country might struggle to meet those goals.
Digital video recorder maker TiVo Inc on Monday said it will begin testing a feature to let subscribers transfer recorded television programming to Apple iPod digital music players or Sony's PlayStation portable devices, sending shares up 11 percent in pr
Samsung Electronics Co Ltd said on Monday it would invest 636.9 billion won ($614.2 million) in new memory chip lines to boost production of flash and DRAM (dynamic random access memory) chips.
Indonesia's economic growth dipped in the third quarter to its slowest annual pace in a year as consumers and businesses were confronted with higher inflation and interest rates, data showed on Monday.
Sprint Nextel Corp said on Monday it would buy wireless affiliate Alamosa Holdings Inc for about $3.4 billion, resolving legal issues that arose from Sprint's purchase of Nextel Communications, which operates in some of the same markets as the affiliate.