News Archives for Print - 2005-12-12

Collection of property tax with utility bills

The City Nazim, Syed Mustafa Kamal, during a meeting has asked the city government officials to give priority to solving citizens' problems.

Published 12 Dec, 2005 12:00am

Internet telephony provides free world-wide calling

The advent of cellular phones not only revolutionised the telecommunication industry but also provide busy individuals with the opportunity to be in continuous contact with people at any place coupled with unimaginable boost to the businesses.

Published 12 Dec, 2005 12:00am

Monetary and fiscal policies in Pakistan-I

Until fairly recently Pakistan's economy was the foster child of highly indebted, unstable, and degenerating economies. It was full of puzzles and setbacks. The debt situation was worsening day by day with increasing fears of default. Not surprisingly, go

Published 12 Dec, 2005 12:00am

The chaos in North Waziristan

The law and order situation which has been bad enough in the North Waziristan Agency due to an ongoing fight between the security forces and militants (better known in the area as Taleban for their support for the Taleban fighters in the neighbouring Afgh

Published 12 Dec, 2005 12:00am

Progress on NAMA is crucial

The Economic Co-ordination Committee of the Cabinet last Tuesday, gave approval to Commerce Minister Humayun Akhtar's proposed strategy for the upcoming round of negotiations under WTO in Hong Kong. Prime Minister Shaukat Aziz said the Commerce Minister h

Published 12 Dec, 2005 12:00am

Citizens advised to take alternative routes

The Capital City Traffic Police has advised the citizens travelling through Shahra-e-Faisal to adopt alternative routes as they might face problems due to presence of VVIPs in the city for Sunday and Monday.

Published 12 Dec, 2005 12:00am

District government employees to get computers

The employee of the District Government Larkana will get computers and training for their use.

Published 12 Dec, 2005 12:00am

Musalihat Anjumans at UC level for speedy justice

The Punjab government has decided to establish Musalihat Anjumans at Union Council (UC) level for providing speedy and inexpensive justice to the masses at their doorstep.

Published 12 Dec, 2005 12:00am

'Backward areas to be developed on top priority'

Speaker National Assembly Choudary Amir Hussain has said that the government is mobilising huge funds on banishing the backwardness and poverty from the country on top priority basis.

Published 12 Dec, 2005 12:00am

175 truckloads for quake-hit areas

Punjab Minister for Baitul Maal Mian Ijaz Shafi on Sunday said that the district government had dispatched 175 truckloads for the rehabilitation of earthquake affected people.

Published 12 Dec, 2005 12:00am

Farmer bodies to resolve irrigation problems

The Punjab Irrigation and Drainage Authority (PIDA) has constituted 3,666 farmer committees to resolve their problems. At a meeting here, PIDA Chief Engineer Qazi Muhammad Anwar said the government had included another 14 farmer organisations in the irrig

Published 12 Dec, 2005 12:00am

Tongas and rickshaws disallowed in bazaars

The Lyallpur Town Administration has imposed a ban on the entry of slow-moving vehicles, including donkey-carts, motorcycle-rickshaws and tongas, in eight bazaars around the Clock Tower and adjoining commercial centres.

Published 12 Dec, 2005 12:00am

Christian bodies seek immediate action against culprits

Various Christian organisations in the country have urged the government to take immediate action against the culprits involved in the mob violence and setting two churches, two missionary schools, residence of priest on fire at Sangla Hill and immediate

Published 12 Dec, 2005 12:00am

All appointments in CDGK to be made on merit: Mustafa

City Nazim Syed Mustafa Kamal has asked all those persons affected by the Lyari Expressway project to contact concerned Town Nazims in case of any complaint as they have been delegated the powers to look into such complaints and take an appropriate decisi

Published 12 Dec, 2005 12:00am

Government urged to kick-off work on Kalabagh Dam

Tehreek-e-Istaqlal (TI) President, Rehmat Khan Wardag has described the water issue as of paramount importance to the country in the next 10 years, in which the provinces of Sindh and Punjab would be facing severe hardships due to seasonal and water short

Published 12 Dec, 2005 12:00am

CAD/CAM centres approved to train youth

Technology Upgradation and Skill Development Company (Tusdec) has approved the establishment of CAD/CAM centres in Peshawar, Gujranwala and Lahore to provide training to youth in computer-aided designing and manufacturing techniques.

Published 12 Dec, 2005 12:00am

Timely increase in procurement price helps cotton market

The timely increase in procurement prices of phutti had impacted positively inviting buyers to life before they face more losses. The maximum lint sales in one day in days was seen at 30,000 bales. Spot was at the outset raised by Rs 20 to Rs 2360 without

Published 12 Dec, 2005 12:00am

Timely increase in procurement price helps cotton market

The timely increase in procurement prices of phutti had impacted positively inviting buyers to life before they face more losses. The maximum lint sales in one day in days was seen at 30,000 bales. Spot was at the outset raised by Rs 20 to Rs 2360 without

Published 12 Dec, 2005 12:00am

Corrigendum

Name of Dr Arsalan Razzak, elected unopposed to the LSE Governing Board, was erroneously printed as 'Seth Abid Group-backed candidate,' in BR report captioned, 'LSE EOGM to confirm results of election on 17th,' appearing in 9th November issue.

Published 12 Dec, 2005 12:00am

Two drug traffickers held with liquor

Pakistan Coast Guards, Uthal Battalion arrested two alleged narcotics traffickers and recovered liquor bottles from their possession during a snap checking of a passenger coach between Aghor and Uthal town of Balochistan.

Published 12 Dec, 2005 12:00am

Turkish Prime Minister stops over at Karachi airport

Turkish Prime Minister Recep Tayyip Erdogen made a brief stopover at Karachi airport on Sunday morning on his way back home after a visit to Australia and New Zealand.

Published 12 Dec, 2005 12:00am

Aaghosh schools showing outstanding performance

Educational centers of Bhagatpura, Karnalpura, Tajpura and Muridke, being run under Aaghosh School System, have announced the results of examination of Class -I, and the ratio of their result has remained 80 percent.

Published 12 Dec, 2005 12:00am

Injections to animals harmful for human health: expert

The residues of the antibiotics injected to animal mixed in milk and meat pose a great threat to public health and no one including government is taking notice of this important matter, said renowned livestock expert Dr Hafiz Muhammad Matiullah while spea

Published 12 Dec, 2005 12:00am

'President's decision on KBD will be in national interest'

The Punjab Governor, Lieutenant-General Khalid Maqbool (Retd), has said that Kalabagh Dam will cause no loss to Sindh and all the provinces will be benefiting from its construction.

Published 12 Dec, 2005 12:00am

Exploration group earns Rs 13.1 billion in first quarter

During the first three months of FY06 (July-September 2005), cumulative earnings of the three listed E&P companies, grew by 30 percent, reached Rs 13.1 billion versus Rs 10.1 billion during the same period last year.

Published 12 Dec, 2005 12:00am

Exploration group earns Rs 13.1 billion in first quarter

During the first three months of FY06 (July-September 2005), cumulative earnings of the three listed E&P companies, grew by 30 percent, reached Rs 13.1 billion versus Rs 10.1 billion during the same period last year.

Published 12 Dec, 2005 12:00am

Nadra mobile vans

In order to issue CNICs in rural areas of Larkana, Kamber-Shahdadkot, Shikarpur and Jacobabad districts; the Nadra Mobile Van-II, Mobile Van-VII, Mobile Van-VIII and Mobile Van-IX will visit the various union councils of the said districts up to December

Published 12 Dec, 2005 12:00am

Cement sales rise to 7.23 million tons

The total cement dispatches for the first five months of FY06 stood at 7.23 million tons, a growth of 10.6 percent over 6.53 million tons in the same period last year, showing that new construction activity has maintained the pace set a year ago. Local sa

Published 12 Dec, 2005 12:00am

CBR planning recreational package

The Central Board of Revenue (CBR) is planning to give recreational trips and other lucrative incentives to tax officials working in the fully reformed units, in addition to the double pay package they are already enjoying.

Published 12 Dec, 2005 12:00am

PTA confiscates illegal gateway exchange

A joint team of the Pakistan Telecommunication Authority (PTA), NSS, PTCL and FIA raided a house here on Saturday in Sector G-6 and confiscated an illegal gateway exchange.

Published 12 Dec, 2005 12:00am

Army engineers engaged in rehabilitation work: ISPR

Troops of Pakistan Army Engineers and Frontier Works Organisation, since their employment in affected areas immediately after the earthquake, have done extremely well in restoration of road communication, removal of debris, provision of clean drinking wat

Published 12 Dec, 2005 12:00am

'Lakes pose no threat in AJK'

Federal Relief Commissioner (FRC) Major General Farooq Ahmed has said that there is no danger from accumulation of water due to land-sliding at two places in earthquake-hit areas of Azad Jammu and Kashmir.

Published 12 Dec, 2005 12:00am

'Poor nations unlikely to benefit from WTO moot'

The 150-member World Trade Organisation (WTO) is starting its crucial week-long meeting at Hong Kong from December 13 to reach agreement for expanding trade in agriculture, manufacturing and services sectors amid fears of many poor countries, which lack t

Published 12 Dec, 2005 12:00am

RCCI donation for CCTV installation

The Rawalpindi Chamber of Commerce and Industry (RCCI) has donated Rs 0.1 million for installation of Close Circuit TV (CCTV) in cantonment area President RCCI Jalil Ahmad Malik presented a cheque of the amount to ASP cantonment area Muhammad Ishfaq for t

Published 12 Dec, 2005 12:00am

USAID provides 17,500 plastic sheeting for survivors

The United States Agency for International Development (USAID) on Sunday announced arrival of additional plastic sheeting to winterise the shelters for an additional 17,500 earthquake affected families.

Published 12 Dec, 2005 12:00am

Civic bodies face power disconnection

Tehsil Municipal Administration (TMA), Rawalpindi and Chaklala Cantonment Boards and Water and Sewerage Agency (Wasa) and three other government organisations would face power disconnection over Rs 671.187 million default as IESCO has decided to disconnec

Published 12 Dec, 2005 12:00am

Training institutes to be set up

Federal Minister for Culture, Dr G.G Jamal has said that training institutes would be established to train professional people in the fields of excavation, preservation and other disciplines of cultural field.

Published 12 Dec, 2005 12:00am

Plan to promote tourism in quake-hit areas

Government in collaboration with private sector has prepared a comprehensive plan to promote tourism in the earthquake-hit areas, said Dr G.G Jamal the federal minister for Tourism.

Published 12 Dec, 2005 12:00am

Century and Daewoo ink contract

Century Paper & Board Mills Limited has signed a contract with Daewoo International Corporation for its capacity expansion project.

Published 12 Dec, 2005 12:00am

Symposium

Hamdard College of Medicine and Dentistry of Hamdard University is holding its 5th symposium from December 16 to 18, 2005.

Published 12 Dec, 2005 12:00am

Local industries key customers: KESC CEO

KESC-CEO Frank Scherschmidt said local industries were key customers and future plans of the power utility would be prepared to provide priority services to them for the economic development of the country.

Published 12 Dec, 2005 12:00am

Prices move both ways during the week

Prices moved both ways on the commodity wholesale markets during the week ended on December 10, 2005. Some of the higher commodities were Irri, dal masoor, cotton cakes, chemicals, showed mixed trend and bajra was down.

Published 12 Dec, 2005 12:00am

Convicted

Chairman, Drug Court, Punjab sentenced Azhar Hussain Shah for three years rigorous imprisonment with a fine of Rs 100,000 for manufacturing and supply of spurious drugs.

Published 12 Dec, 2005 12:00am

Comsats holds two workshops in Egypt

The Commission on Science and Technology for Sustainable Development in the South (Comsats), with its focused efforts in the field of BioSciences, has held two workshops in Egypt. Comsats organised these events in close collaboration with its S&T Center o

Published 12 Dec, 2005 12:00am

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O

Published 12 Dec, 2005 12:00am

Social service track record termed poor

The track record of social sector service delivery in Pakistan is so poor and tempting to assert that almost any reform in governance arrangements would produce better results.

Published 12 Dec, 2005 12:00am

'Forward bloc enjoys 25 members support'

Deputy Speaker, NWFP Assembly Ikramullah Shahid on Saturday claimed that the forward bloc has mustered the full support of 25 members of provincial assembly.

Published 12 Dec, 2005 12:00am

Agriculture trade performance lauded

Pakistan has improved its international trade performance owing to positive economic reforms in the last five years that have boosted merchandise trade/GDP ratio of the country.

Published 12 Dec, 2005 12:00am

Parliamentary team optimistic about interaction with US

Kashmala Tariq, MNA and member, Relief Co-ordination Committee, has said that during their three-day visit, the parliamentary delegation held important bilateral meetings with senior US officials, and interacted usefully with Congressmen and people in tra

Published 12 Dec, 2005 12:00am

Concern voiced over human rights violations

Representatives of various NGOs and minority organisations expressed their concern over the poor human rights conditions in the country. At a meeting held in Toba Tek Singh to observe the World Human Rights Day on Saturday, some of the speakers also accus

Published 12 Dec, 2005 12:00am

$205 million ADB package for quality social services in Balochistan

The Asian Development Bank (ADB) is providing a 205 million dollars loan and grant package to help increase access to quality social services in Balochistan.

Published 12 Dec, 2005 12:00am

Bamboo houses in quake-hit areas proposed

Sargodhians, alumni of PAF Public School, with the collaboration of National Productivity Organisation (NPO) and Engineering Development Board (EDB) has introduced an idea of using bamboo for house construction because of low cost, indigenous raw material

Published 12 Dec, 2005 12:00am

Maximum autonomy for Kashmir proposed

Well-known journalist, peace activist and former member of Rajya Sabha (India), Kuldip Nayyar, has proposed that both India and Pakistan should give maximum autonomy, minus foreign affairs, defence and currency, to the parts of Jammu and Kashmir under the

Published 12 Dec, 2005 12:00am

Police officers' bachelor hostel inaugurated

NWFP Inspector General of Police (IGP) Muhammad Raffat Pasha, in a ceremony, inaugurated the newly constructed Police Officers' Bachelor Hostel at Police Lines here on Saturday.

Published 12 Dec, 2005 12:00am

Prime Minister apprises Dutch, Irish ministers of rebuilding efforts

Prime Minister Shaukat Aziz on Sunday said Pakistan is pleased and satisfied with the response of international community to the October 8 earthquake.

Published 12 Dec, 2005 12:00am

Musharraf visits Sindh Club

The members of the Sindh Club and their guests were very pleasantly surprised on Sunday finding President Pervez Musharraf and his wife with family members at the premises for the 'Brunch.'

Published 12 Dec, 2005 12:00am

'Obstacle in Karachi-Mumbai ferry service removed'

Pakistan and India have finalised a draft agreement which would pave the way to restart a ferry service between them that was broken off 30 years ago, officials said on Sunday.

Published 12 Dec, 2005 12:00am

Jirga to resolve journalist's kidnapping proposed

The Paris-based organisation Reporters Sans Frontiers (RSF) and the Tribal Union of Journalists (TUJ) have urged Pakistan's federal and local authorities to quickly identify who is responsible for the kidnapping of journalist Hayatullah Khan in Pakistan's

Published 12 Dec, 2005 12:00am

Telecom moot from today

International telecom manufacturers and institutional investors will participate in a two-day Pakistan Telecom Infrastructure Conference "The Future is Now", starting here on Monday.

Published 12 Dec, 2005 12:00am

Encroachments and parking main cause of traffic jams

Certain increase in encroachments and permission of parking on main roads by the civic bodies has caused lot of problems for the motorists as well as for pedestrians, as hour's long traffic jam on Bank Road, Kashmir Road, Haider Road and Gowalmandi in Can

Published 12 Dec, 2005 12:00am

Soomro for latest technology to cope with post-quake scenario

Senate Chairman Mohammedmian Soomro has urged non-governmental and civil society organisations to come up with the latest technologies that could cater for the needs of the quake affectees as the rehabilitation is posing a big challenge in the wake of win

Published 12 Dec, 2005 12:00am

Railways sell-off in 5 months

Federal Railways Minister Mian Shamim Haider has said that the raise in railway fare was under consideration after thrice increase in the price of diesel.

Published 12 Dec, 2005 12:00am

Ecnec to consider 24 projects on December 14

The Executive Committee of National Economic Council (Ecnec) will meet on December 14 to consider 24 projects and schemes including special package for restoration and rehabilitation of drought-hit areas, official sources told Business Recorder her

Published 12 Dec, 2005 12:00am

Are Pakistani women more savvy investors than men?

In our culture women tend to invest than savings in gold, while men try to hedge against inflation by investing in dollars. Demand for gold in the domestic market is on the decline.

Published 12 Dec, 2005 12:00am

Are Pakistani women more savvy investors than men?

In our culture women tend to invest than savings in gold, while men try to hedge against inflation by investing in dollars. Demand for gold in the domestic market is on the decline.

Published 12 Dec, 2005 12:00am

Are Pakistani women more savvy investors than men?

In our culture women tend to invest than savings in gold, while men try to hedge against inflation by investing in dollars. Demand for gold in the domestic market is on the decline.

Published 12 Dec, 2005 12:00am

Visa can sit out MasterCard's IPO for awhile

When MasterCard Inc, the world's No 2 credit-card association, announced this summer that it planned to go public, speculation quickly grew that arch-rival Visa, the world's No 1 card association, would quickly follow suit.

Published 12 Dec, 2005 12:00am

Visa can sit out MasterCard's IPO for awhile

When MasterCard Inc, the world's No 2 credit-card association, announced this summer that it planned to go public, speculation quickly grew that arch-rival Visa, the world's No 1 card association, would quickly follow suit.

Published 12 Dec, 2005 12:00am

Dubai's port Islamic bond seen oversubscribed

The $2.8 billion Islamic bond issue from Dubai's ports corporation has attracted intense investor interest and is likely to be oversubscribed by at least 50-75 percent, a lead manager said on Sunday.

Published 12 Dec, 2005 12:00am

Dubai's port Islamic bond seen oversubscribed

The $2.8 billion Islamic bond issue from Dubai's ports corporation has attracted intense investor interest and is likely to be oversubscribed by at least 50-75 percent, a lead manager said on Sunday.

Published 12 Dec, 2005 12:00am

Bollywood hero on bail after his car hit 13-year-old

Bollywood romance hero Saif Ali Khan was given bail after he admitted to police his car hit a 13-year-old boy and fractured his leg in the western Indian city of Mumbai, police said Sunday.

Published 12 Dec, 2005 12:00am

equities move randomly on LSE

Since there was no considerable movement in blue chips, mainly because of PTCL issue and confusion over appointment of bourses chairmen, equities moved randomly on Lahore Stock Exchange (LSE) during the past week, however, following interest in fertiliser

Published 12 Dec, 2005 12:00am

equities move randomly on LSE

Since there was no considerable movement in blue chips, mainly because of PTCL issue and confusion over appointment of bourses chairmen, equities moved randomly on Lahore Stock Exchange (LSE) during the past week, however, following interest in fertiliser

Published 12 Dec, 2005 12:00am

Habib Bank announces VSS for non-clerical staff

Habib Bank Limited (HBL) has announced ''Voluntary Separation Scheme'' (VSS) for its 2,350 non-clerical staff, according to which the optees would be able to get alternative employment opportunities.

Published 12 Dec, 2005 12:00am

Habib Bank announces VSS for non-clerical staff

Habib Bank Limited (HBL) has announced 'Voluntary Separation Scheme' (VSS) for its 2,350 non-clerical staff, according to which the optees would be able to get alternative employment opportunities.

Published 12 Dec, 2005 12:00am

Habib Bank announces VSS for non-clerical staff

Habib Bank Limited (HBL) has announced 'Voluntary Separation Scheme' (VSS) for its 2,350 non-clerical staff, according to which the optees would be able to get alternative employment opportunities.

Published 12 Dec, 2005 12:00am

Bulls hold sway on KSE

The Karachi Stock Exchange (KSE) for the seventh consecutive week closed on a positive note mainly because of fresh buying erupted in patches and cautiously in cement, banks and oil group despite lack of positive news from the privatisation front.

Published 12 Dec, 2005 12:00am

Bulls hold sway on KSE

The Karachi Stock Exchange (KSE) for the seventh consecutive week closed on a positive note mainly because of fresh buying erupted in patches and cautiously in cement, banks and oil group despite lack of positive news from the privatisation front.

Published 12 Dec, 2005 12:00am

Bulls hold sway on KSE

The Karachi Stock Exchange (KSE) for the seventh consecutive week closed on a positive note mainly because of fresh buying erupted in patches and cautiously in cement, banks and oil group despite lack of positive news from the privatisation front.

Published 12 Dec, 2005 12:00am

Sugarcane price to be based on recovery content

The government has replaced the quantity-based sugarcane pricing formula with 'recovery content' ratio, and constituted a committee to work out a mechanism to ensure payment to the sugarcane growers within 15 days of delivery to the mills in the new syste

Published 12 Dec, 2005 12:00am

Final payment on eurobonds being paid today

Pakistan would make the final principal and interest payment on foreign currency bonds that were rescheduled in 1999 on Monday, said Syed Wasimuddin, spokesman for the central bank.

Published 12 Dec, 2005 12:00am

Final payment on eurobonds being paid today

Pakistan would make the final principal and interest payment on foreign currency bonds that were rescheduled in 1999 on Monday, said Syed Wasimuddin, spokesman for the central bank.

Published 12 Dec, 2005 12:00am

Final payment on eurobonds being paid today

Pakistan would make the final principal and interest payment on foreign currency bonds that were rescheduled in 1999 on Monday, said Syed Wasimuddin, spokesman for the central bank.

Published 12 Dec, 2005 12:00am

Final payment on eurobonds being paid today

Pakistan would make the final principal and interest payment on foreign currency bonds that were rescheduled in 1999 on Monday, said Syed Wasimuddin, spokesman for the central bank.

Published 12 Dec, 2005 12:00am

Protest in Hong Kong as WTO moot begins on December 13

As the 6th Ministerial Conference of the World Trade Organisation (WTO) starts on Tuesday thousands of protesters took to the streets of Hong Kong, demanding halt to the upcoming talks.

Published 12 Dec, 2005 12:00am

Protest in Hong Kong as WTO moot begins on December 13

As the 6th Ministerial Conference of the World Trade Organisation (WTO) starts on Tuesday thousands of protesters took to the streets of Hong Kong, demanding halt to the upcoming talks.

Published 12 Dec, 2005 12:00am

Protest in Hong Kong as WTO moot begins on December 13

As the 6th Ministerial Conference of the World Trade Organisation (WTO) starts on Tuesday thousands of protesters took to the streets of Hong Kong, demanding halt to the upcoming talks.

Published 12 Dec, 2005 12:00am

Agreement on early harvest programme with Malaysia next week

Pakistan and Malaysia are signing agreement on Early Harvest Programme (EHP) next week, reducing tariff on 239 industrial and agricultural products, to be effective from next calendar year, official sources told Business Recorder.

Published 12 Dec, 2005 12:00am

Agreement on early harvest programme with Malaysia next week

Pakistan and Malaysia are signing agreement on Early Harvest Programme (EHP) next week, reducing tariff on 239 industrial and agricultural products, to be effective from next calendar year, official sources told Business Recorder.

Published 12 Dec, 2005 12:00am

Agreement on early harvest programme with Malaysia next week

Pakistan and Malaysia are signing agreement on Early Harvest Programme (EHP) next week, reducing tariff on 239 industrial and agricultural products, to be effective from next calendar year, official sources told Business Recorder.

Published 12 Dec, 2005 12:00am

THE RUPEE: rates steady despite year-end dollar buying

Year-end demand for dollars from importers and routine debt payments kept the rupee under pressure versus dollar in the currency market last week, money experts said.

Published 12 Dec, 2005 12:00am

THE RUPEE: rates steady despite year-end dollar buying

Year-end demand for dollars from importers and routine debt payments kept the rupee under pressure versus dollar in the currency market last week, money experts said.

Published 12 Dec, 2005 12:00am

Woman with suspected Congo fever dies

A woman patient with a suspected case of highly contagious haemorrhage fever, commonly known as Congo fever, died at a government hospital on Sunday, health officials said.

Published 12 Dec, 2005 12:00am

Woman with suspected Congo fever dies

A woman patient with a suspected case of highly contagious haemorrhage fever, commonly known as Congo fever, died at a government hospital on Sunday, health officials said.

Published 12 Dec, 2005 12:00am

Direct transportation of Afghan cargoes under study

The government is considering to revise the Afghan Transit Trade Agreement (ATTA) to provide direct transportation of the transit cargo from Karachi Port to Afghanistan, bypassing the cumbersome procedure of unloading and reloading of cargo at Peshawar Dr

Published 12 Dec, 2005 12:00am

Direct transportation of Afghan cargoes under study

The government is considering to revise the Afghan Transit Trade Agreement (ATTA) to provide direct transportation of the transit cargo from Karachi Port to Afghanistan, bypassing the cumbersome procedure of unloading and reloading of cargo at Peshawar Dr

Published 12 Dec, 2005 12:00am

Direct transportation of Afghan cargoes under study

The government is considering to revise the Afghan Transit Trade Agreement (ATTA) to provide direct transportation of the transit cargo from Karachi Port to Afghanistan, bypassing the cumbersome procedure of unloading and reloading of cargo at Peshawar Dr

Published 12 Dec, 2005 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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