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Nov 14, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-12-08
'Reformation to make UN more vibrant'

'Reformation to make UN more vibrant'

Pakistan on Wednesday said that reformation of United Nations was necessary to make it more vibrant. "We want UN role more lively and active, said Makhdoom Khusroo Bakhtiar, Minister of State for Foreign Affairs, while speaking at the UN Commemorative-Boo
Published 08 Dec, 2005 12:00am
'People to people contacts help create harmony'

'People to people contacts help create harmony'

District Nazim Jhang, Sultan Hameed has said that the exchange of delegations was vital for a better understanding between the peoples of Pakistan and India who shared the same culture and language, and also the same problems and issues of poverty, ignora
Published 08 Dec, 2005 12:00am
Wasa launches Japanese-funded water supply project

Wasa launches Japanese-funded water supply project

The Water and Sanitation Agency (Wasa), Faisalabad, with the help of the government of Japan has launched a mega water supply project to the tune of Rs 2.515 billion for providing 20 million gallons more water per day to 0.4 million citizens of eastern pa
Published 08 Dec, 2005 12:00am
PML-N slams government over price hike

PML-N slams government over price hike

Pakistan Muslim League-Nawaz (PML-N) Multan has criticised the government's decision of maintaining petroleum prices despite 30 percent decrease in the prices in the international market.
Published 08 Dec, 2005 12:00am
PPP critical of Prime Minister's statement on oil prices

PPP critical of Prime Minister's statement on oil prices

Pakistan Peoples Party on Wednesday has taken exception to the statement of Prime Minister Shaukat Aziz regarding petroleum prices. Prime Minister had stated that petroleum prices would not be lowered because the government was already facing a deficit of
Published 08 Dec, 2005 12:00am
Opposition may reject government viewpoint on ToR

Opposition may reject government viewpoint on ToR

Joint opposition is most likely to reject the government's viewpoint on its terms of reference for participation in the proposed parliamentary committee on earthquake.
Published 08 Dec, 2005 12:00am
The Weather

The Weather

The weather report on Wednesday (December 07, 2005) and the forecast for Thursday (December 08, 2005).
Published 08 Dec, 2005 12:00am
New York cotton

New York cotton

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

Published 08 Dec, 2005 12:00am
Energy saving policy developed

Energy saving policy developed

The National Energy Conservation Centre (Enercon), Ministry of Environment, has prepared the 'National Energy Conservation Policy 2005' for providing a broad framework to create an enabling environment to reduce energy intensity and improve end-use effici
Published 08 Dec, 2005 12:00am
New York cotton

New York cotton

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

Published 08 Dec, 2005 12:00am
Tusdec board's review meeting on December 10

Tusdec board's review meeting on December 10

The fourth meeting of the Board of Directors of Technology Upgradation and Skill Development Company (Tusdec) will be held on December 10, said a press release issued here on Wednesday.
Published 08 Dec, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 07, 2005).

Published 08 Dec, 2005 12:00am
Consultative moot held on forest programme

Consultative moot held on forest programme

In a series of five consultative workshops, the World Wide Funds for Nature-Pakistan (WWF-P) held the first such workshop titled 'Developing the Forest Programme for next 15 years for Pakistan' at Mirpur on Wednesday.
Published 08 Dec, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 07, 2005).

Published 08 Dec, 2005 12:00am
'World terrorism issue out of ICC scope'

'World terrorism issue out of ICC scope'

There was no hard and fast definition of international terrorism, which makes it difficult for the International Criminal Court (ICC) to bring this issue into its scope, although it has been mentioned in the international treaties and statutes, but there
Published 08 Dec, 2005 12:00am
Key stock market movements at 1700 GMT on December 07

Key stock market movements at 1700 GMT on December 07

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 08 Dec, 2005 12:00am
NBP will keep on financing private sector units: Ali Raza

NBP will keep on financing private sector units: Ali Raza

The National Bank of Pakistan (NBP) will keep on financing the private sector units and introducing new facilities for the customers, said S. Ali Raza, Chairman and President NBP at a lunch hosted in his honour by Iftikhar Ali Malik, Chief Executive Guard
Published 08 Dec, 2005 12:00am
Callmate extends retail voice services

Callmate extends retail voice services

Callmate Telips Telecom Limited (CTTL), a Long Distance & International (LDI) operator, has extended its retail voice services to North America and Europe.
Published 08 Dec, 2005 12:00am
Five BLA men arrested, explosives recovered

Five BLA men arrested, explosives recovered

Lahore police have arrested five members of Balochistan Liberation Army in connection with a string of deadly bomb blasts, which left 37 people dead, officials said on Wednesday.
Published 08 Dec, 2005 12:00am
Mobilink launches another dialling code '0302'

Mobilink launches another dialling code '0302'

Mobilink has launched another dialling code '0302' for the convenience of its growing number of customers in the country. The new dialling code, proportionate with the company's ongoing focus on improvement.
Published 08 Dec, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 07, 2005).

Published 08 Dec, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (December 07, 2005) and Thursday (December 08, 2005).
Published 08 Dec, 2005 12:00am
East West Insurance ratings upgraded

East West Insurance ratings upgraded

JCR-VIS Credit Rating Company Ltd has upgraded the Insurer Financial Strength rating of East West Insurance Company Limited from 'BB' (Double B) to 'BBB+' (Triple B Plus). Outlook on the ratings is 'Stable'.
Published 08 Dec, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, December 08, 2005.

Published 08 Dec, 2005 12:00am
East West Insurance ratings upgraded

East West Insurance ratings upgraded

JCR-VIS Credit Rating Company Ltd has upgraded the Insurer Financial Strength rating of East West Insurance Company Limited from 'BB' (Double B) to 'BBB+' (Triple B Plus). Outlook on the ratings is 'Stable'.
Published 08 Dec, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, December 08, 2005.

Published 08 Dec, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, December 08, 2005.

Published 08 Dec, 2005 12:00am
No manual return to be accepted: CBR official

No manual return to be accepted: CBR official

The launching of e-filing of sales tax and federal excise returns is yet another step towards overall reforms programme in Central Board of Revenue (CBR), which is to be completed by 2009-2010.
Published 08 Dec, 2005 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (December 07, 2005).

Published 08 Dec, 2005 12:00am
UN ready to feed quake survivors through winter

UN ready to feed quake survivors through winter

The United Nations said on Wednesday that it was ready to feed 1.3 million Pakistani earthquake survivors through the winter, but called for more money to maintain helicopter airlifts needed to reach remote areas.
Published 08 Dec, 2005 12:00am
Punjab, Sindh and NWFP chief ministers call on Shaukat

Punjab, Sindh and NWFP chief ministers call on Shaukat

The chief ministers of Punjab, Sindh and NWFP on Wednesday called on Prime Minister Shaukat Aziz at the Prime Minister House and discussed plans for the rehabilitation of earthquake affected areas.
Published 08 Dec, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 07, 2005).

Published 08 Dec, 2005 12:00am
Prime Minister presides first council meeting of NVM

Prime Minister presides first council meeting of NVM

Prime Minister Shaukat Aziz on Wednesday said National Volunteers Movement (NVM) has been launched to capture the spirit of volunteerism generated throughout the country after the earthquake with a view to streamlining these sentiments.
Published 08 Dec, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 07, 2005).

Published 08 Dec, 2005 12:00am
PVMA wants NTC probe into tinplate case cancelled

PVMA wants NTC probe into tinplate case cancelled

The Pakistan Vanaspati Manufacturers Association (PVMA) has approached Commerce minister Humayun Akhtar for cancellation of National Tariff Commission's hearing into tinplate dumping case, saying punitive action against the country's major trade partners
Published 08 Dec, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 07, 2005).

Published 08 Dec, 2005 12:00am
'Efforts afoot to sustain economic growth rate'

'Efforts afoot to sustain economic growth rate'

Advisor to Prime Minister on finance and revenue Dr Salman Shah has said that government has made all necessary arrangements to sustain the growth rate of above 8 percent.
Published 08 Dec, 2005 12:00am
Dr Qadeer still holds all awards, Senate panel told

Dr Qadeer still holds all awards, Senate panel told

Pakistan's nuclear bomb architect Dr Abdul Qadeer Khan still officially holds various civil awards conferred on him on different occasions despite being charged of illicit centrifuges' supply to North Korea and Iran, the government said.
Published 08 Dec, 2005 12:00am
THE RUPEE: handsome recovery versus dollar

THE RUPEE: handsome recovery versus dollar

Handsome recovery was seen in the interbank market on Wednesday as the rupee gained further four paisa for buying and selling at 59.77 and 59.78, dealers said.
Published 08 Dec, 2005 12:00am
Islam does not discriminate on caste, creed and gender basis

Islam does not discriminate on caste, creed and gender basis

Islam does not allow any discrimination on the basis of caste, creed, gender or social level of an individual. The deviation from the Islamic code of conduct comes from those who claim Islam to be their religion but seldom practise it in its real sense.
Published 08 Dec, 2005 12:00am
THE RUPEE: handsome recovery versus dollar

THE RUPEE: handsome recovery versus dollar

Handsome recovery was seen in the interbank market on Wednesday as the rupee gained further four paisa for buying and selling at 59.77 and 59.78, dealers said.
Published 08 Dec, 2005 12:00am
Picic planning to introduce new products

Picic planning to introduce new products

The Pakistan Industrial Credit and Investment Corporation (Picic) has plans to introduce new financial products, including launching of a new mutual fund, 'Monthly Income Open-end Mutual Fund' for senior citizens, SME/Islamic financing scheme, creation of
Published 08 Dec, 2005 12:00am
'KBD issue raised to divert people's attention'

'KBD issue raised to divert people's attention'

The Government did not allocate funds for Kalabagh dam in the 2005-06 budget but has raised this issue to divert the people's attention from real issues like poverty, unemployment, price hike etc. In fact, it was not ready to construct the Kalabagh dam, s
Published 08 Dec, 2005 12:00am
17 MMA MPAs form forward bloc in NWFP

17 MMA MPAs form forward bloc in NWFP

A total of 17 legislators belonging to Muttahida Majlis-i-Amal (MMA) have formed forward bloc in NWFP Assembly against the alleged unfair distribution of annual development funds and poor performance of the provincial government.
Published 08 Dec, 2005 12:00am
Government response on ToR conveyed to opposition: Prime Minister

Government response on ToR conveyed to opposition: Prime Minister

Prime Minister Shaukat Aziz on Wednesday reiterated the government's commitment to taking along the opposition members in the relief and reconstruction work so that the Parliament could supervise the expenditures in this regard.
Published 08 Dec, 2005 12:00am
'Deemed price' system to be applied for CAN

'Deemed price' system to be applied for CAN

The Central Board of Revenue (CBR) will notify the 'deemed price mechanism' for calculating sales tax on import and local supply of the Calcium Ammonium Nitrate (CAN).
Published 08 Dec, 2005 12:00am
UK NGO to construct over 2,000 shelter houses

UK NGO to construct over 2,000 shelter houses

The Muslim Hands International (MHI), a UK based Non-governmental Organisation, will construct more than 2,000 shelter houses in District Bagh (AK) for the rehabilitation of the quake-hit families.
Published 08 Dec, 2005 12:00am
Seven quake survivors killed by tent blaze

Seven quake survivors killed by tent blaze

Seven earthquake survivors including four children died from severe burns after their tent was set ablaze by a candle in northern Pakistan, police said on Wednesday.
Published 08 Dec, 2005 12:00am
Seven quake survivors killed by tent blaze

Seven quake survivors killed by tent blaze

Seven earthquake survivors including four children died from severe burns after their tent was set ablaze by a candle in northern Pakistan, police said on Wednesday.
Published 08 Dec, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (December 07, 2005).

Published 08 Dec, 2005 12:00am
SECP notifies CFS rules

SECP notifies CFS rules

The Securities and Exchange Commission of Pakistan (SECP) has notified the regulation to start continuous funding system (CFS) on real time basis and new mechanism for lower circuit breakers.
Published 08 Dec, 2005 12:00am
SECP notifies CFS rules

SECP notifies CFS rules

The Securities and Exchange Commission of Pakistan (SECP) has notified the regulation to start continuous funding system (CFS) on real time basis and new mechanism for lower circuit breakers.
Published 08 Dec, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Dec, 2005 12:00am
SECP notifies CFS rules

SECP notifies CFS rules

The Securities and Exchange Commission of Pakistan (SECP) has notified the regulation to start continuous funding system (CFS) on real time basis and new mechanism for lower circuit breakers.
Published 08 Dec, 2005 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 08 Dec, 2005 12:00am
Coalition forces kill 22 Taleban

Coalition forces kill 22 Taleban

Fierce fighting between Taleban rebels and US and Afghan troops has left 22 suspected militants dead and five US-led coalition troops wounded, the US military said on Wednesday.
Published 08 Dec, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Dec, 2005 12:00am
Coalition forces kill 22 Taleban

Coalition forces kill 22 Taleban

Fierce fighting between Taleban rebels and US and Afghan troops has left 22 suspected militants dead and five US-led coalition troops wounded, the US military said on Wednesday.
Published 08 Dec, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 08 Dec, 2005 12:00am
SNGPL board approves Rs 701.783 million project

SNGPL board approves Rs 701.783 million project

Sui Northern Gas Pipeline Limited (SNGPL) Board of Directors has approved a project for laying of 16" dia 62.5-km pipeline between Hattar and Abbotabad at a total cost of Rs 701.783 million, which will alleviate problems faced by industrial and domestic c
Published 08 Dec, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (December 07, 2005).

Published 08 Dec, 2005 12:00am
15 killed as students clash with bandits

15 killed as students clash with bandits

At least 15 people have been killed and several others injured as students of a local Madressah clashed with suspected robbers in North Waziristan, a TV channel reported on Wednesday.
Published 08 Dec, 2005 12:00am
15 killed as students clash with bandits

15 killed as students clash with bandits

At least 15 people have been killed and several others injured as students of a local Madressah clashed with suspected robbers in North Waziristan, a TV channel reported on Wednesday.
Published 08 Dec, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 08 Dec, 2005 12:00am
Big German business group to finalise investment in January

Big German business group to finalise investment in January

The German Ambassador, Dr Gunter Mulack, has said that the German government, together with United Kingdom (UK), is striving to get resolved the issue of anti-dumping duty on bed linen to make the exports of Pakistani textiles to European Union a bit easi
Published 08 Dec, 2005 12:00am
Pakistan and China to protect poor nations' interests

Pakistan and China to protect poor nations' interests

China will work together with Pakistan and other regional countries to protect the interests of the developing nations, while adopting a "balanced package" at World Trade Organisation (WTO) Doha Round of free trade talks next year.
Published 08 Dec, 2005 12:00am
European airlines shrug off fears of winter slowdown

European airlines shrug off fears of winter slowdown

European airlines shrugged off fears of a winter slowdown on Wednesday as they posted strong November passenger numbers, but analysts warned it may be harder to keep planes full as carriers add flights in crowded markets.
Published 08 Dec, 2005 12:00am
Smart-card leaders Gemplus, Axalto to merge

Smart-card leaders Gemplus, Axalto to merge

Axalto, the world's second largest smart-card provider, is offering to buy its larger rival Gemplus in an all-share deal that would create an industry giant with combined 2005 sales of 1.8 billion euros ($2.1 billion).
Published 08 Dec, 2005 12:00am
Korean Air pilots vote to strike, government warns

Korean Air pilots vote to strike, government warns

Unionised pilots at Korean Air Co voted to strike from Thursday in a dispute over pay, a move that could cost the world's second-biggest cargo airline around $24 million a day.
Published 08 Dec, 2005 12:00am
Finnair places 1 billion euro Airbus order

Finnair places 1 billion euro Airbus order

Finnair has ordered 12 long-haul planes from Airbus in a deal worth over 1 billion euros ($1.2 billion), part of its drive to expand traffic to Asia, Finland's national carrier said on Wednesday.
Published 08 Dec, 2005 12:00am
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