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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-12-18
Canadian dollar move up

Canadian dollar move up

The Canadian dollar drifted higher versus the US currency, and bond prices were also up, their moves unruffled by Friday morning's lone economic report. At 9:40 am, the Canadian dollar was at C$1.1558 to the US dollar, or 86.52 US cents, up from C$1.1598
Published 18 Dec, 2005 12:00am
Canadian bonds jump

Canadian bonds jump

The Canadian bond prices rose on Friday, outperforming US treasuries, as the market anticipated a flurry of mostly benign economic data next week. However, with trading volumes light, analysts warned against reading too much into the move.
Published 18 Dec, 2005 12:00am
Canadian bonds jump

Canadian bonds jump

The Canadian bond prices rose on Friday, outperforming US treasuries, as the market anticipated a flurry of mostly benign economic data next week. However, with trading volumes light, analysts warned against reading too much into the move.
Published 18 Dec, 2005 12:00am
Chile stocks soar

Chile stocks soar

Chilean stocks rose in heavy trade on Friday, led by shipping company Vapores, as mutual funds got back into the market, and the peso ceded ground to the dollar for a fourth straight day.
Published 18 Dec, 2005 12:00am
Brazil's stocks edge up

Brazil's stocks edge up

Brazil's stocks bounced back slightly from a sell-off on Friday. At the Sao Paulo Stock Exchange, the benchmark Bovespa finished 0.16 percent higher at 33,247, according to preliminary data. It slumped Thursday after hitting record highs several times thi
Published 18 Dec, 2005 12:00am
Mexican stocks decline

Mexican stocks decline

Mexican stocks dropped on Friday, pulled down by recently strong telecom firms and blue chip retailer Wal-Mart de Mexico. The IPC benchmark stock index lost 1.03 percent to finish at 17,737.59 points and the peso was marginally weaker at 10.7410 per dolla
Published 18 Dec, 2005 12:00am
Argentine stocks slip on early IMF payback

Argentine stocks slip on early IMF payback

Argentina's stocks and post-swap bonds closed lower on Friday as investors worried about the government's decision to use reserves to pay off its entire IMF debt in a single stroke this month.
Published 18 Dec, 2005 12:00am
Banks outmuscle oils to push Toronto stocks higher

Banks outmuscle oils to push Toronto stocks higher

A rebound in heavily weighted financial shares helped Toronto stocks finish higher on Friday and eke out a slight gain on the week, despite a third-straight drop by the influential energy group.
Published 18 Dec, 2005 12:00am
Eurostocks: miners seen under further pressure

Eurostocks: miners seen under further pressure

Mining stocks are set to come under further pressure next week on expectations gold will extend its recent sell-off, taking some shine off European stocks which hit multi-year highs this week, analysts said.
Published 18 Dec, 2005 12:00am
US corporate bonds spread flat, GM rises

US corporate bonds spread flat, GM rises

US high-grade corporate bonds were unchanged overall on Friday while bonds of General Motors rose slightly after its chief executive said the company is seeing ample interest in the sale of its finance unit.
Published 18 Dec, 2005 12:00am
US corporate bonds spread flat, GM rises

US corporate bonds spread flat, GM rises

US high-grade corporate bonds were unchanged overall on Friday while bonds of General Motors rose slightly after its chief executive said the company is seeing ample interest in the sale of its finance unit.
Published 18 Dec, 2005 12:00am
US Treasury prices finish firmer

US Treasury prices finish firmer

US Treasury debt prices closed higher on Friday, buoyed by prospects for a string of interest rate hikes by the Federal Reserve in early 2006. Strength was associated with buying back of hedged positions in connection with offerings of some $7 billion in
Published 18 Dec, 2005 12:00am
US Treasury prices finish firmer

US Treasury prices finish firmer

US Treasury debt prices closed higher on Friday, buoyed by prospects for a string of interest rate hikes by the Federal Reserve in early 2006. Strength was associated with buying back of hedged positions in connection with offerings of some $7 billion in
Published 18 Dec, 2005 12:00am
IPO view: top 10 US underwriters have mixed 2005 record

IPO view: top 10 US underwriters have mixed 2005 record

Being big has its advantages in the initial public offering business, as in so many others. IPOs brought out this year by the investment banks with the largest IPO businesses generally outperformed the broader IPO market, according to data from IPOFinanci
Published 18 Dec, 2005 12:00am
American credit market outlook

American credit market outlook

Derivative traders on Friday braced for a major decline in credit quality of Albertsons Inc, as the No 2 US grocery-store chain appeared closer to being sold. The auction for the Boise, Idaho-based company appeared nearing an end in a possible deal worth
Published 18 Dec, 2005 12:00am
American credit market outlook

American credit market outlook

Derivative traders on Friday braced for a major decline in credit quality of Albertsons Inc, as the No 2 US grocery-store chain appeared closer to being sold. The auction for the Boise, Idaho-based company appeared nearing an end in a possible deal worth
Published 18 Dec, 2005 12:00am
US stocks close lower on fall in energy shares

US stocks close lower on fall in energy shares

US stocks fell on Friday as major oil company stocks slid following a drop of nearly $2 a barrel in crude oil and after software maker Oracle Corp posted a lower profit. For the week, the Dow rose O.90 percent, the S&P 500 edged up 0.63 percent and Nasdaq
Published 18 Dec, 2005 12:00am
Dutch players sweep field hockey awards

Dutch players sweep field hockey awards

The Netherlands received a boost on the eve of Sunday's Champions Trophy final against Australia when it bagged both awards for the international field hockey players for 2005.
Published 18 Dec, 2005 12:00am
Kumble as hard as Lillee, says Chappell

Kumble as hard as Lillee, says Chappell

"Under-rated" Indian leg-spinner Anil Kumble is as hard a competitor as former Australian fast bowling great Dennis Lillee, coach Greg Chappell said here on Saturday.
Published 18 Dec, 2005 12:00am
Ailing Dravid out of final Test

Ailing Dravid out of final Test

India captain Rahul Dravid has been ruled out of the third and final cricket Test against Sri Lanka starting here on Sunday due to a stomach ailment.
Published 18 Dec, 2005 12:00am
Indian parliament to debate Ganguly

Indian parliament to debate Ganguly

Sourav Ganguly's omission from the Indian team for the third and final Test against Sri Lanka took a political twist Saturday with parliament preparing to discus his sacking next week.
Published 18 Dec, 2005 12:00am
Warne he is one of the best I have ever seen: Lillee

Warne he is one of the best I have ever seen: Lillee

Shane Warne's traditional role at Perth's WACA ground is supposed to be as a support bowler for the pacemen - but it seems no one told him that. The brilliant Australian leg-spinner again grabbed the limelight when he smashed yet another world record here
Published 18 Dec, 2005 12:00am
Warne breaks Lillee's record

Warne breaks Lillee's record

Shane Warne broke Dennis Lillee's world record for the most wickets in a calendar year to trigger a South African batting collapse on the second day of the first test on Saturday.
Published 18 Dec, 2005 12:00am
Musharraf hosts Pakistan and England cricketers

Musharraf hosts Pakistan and England cricketers

President Pervez Musharraf ON Saturday lavished praise on the Pakistani and English crickters for their efforts in raising funds for earthquake survivors as he hosted them at a tea party.
Published 18 Dec, 2005 12:00am
Sunni alliance hails election as success

Sunni alliance hails election as success

The main Arab Sunni alliance that contested Iraq's election said on Saturday it had been a success, fuelling US hopes peaceful politics will help pave the way for a troop withdrawal.
Published 18 Dec, 2005 12:00am
Taleban kill two in attack on school

Taleban kill two in attack on school

Taliban guerrillas attacked a high school in southern Afghanistan on Saturday, killing a guard and a male teenage student, a witness said. Two attackers arrived at the school in Lashkargah, the capital of the troubled southern province of Helmand, just be
Published 18 Dec, 2005 12:00am
Nuclear waste found in ruined Chechen factory

Nuclear waste found in ruined Chechen factory

Investigators have found nuclear contamination tens of thousands of times above safe levels on the premises of a ruined factory in Russia's Chechnya, officials said on Saturday.
Published 18 Dec, 2005 12:00am
Tigers reject government peace talks offer

Tigers reject government peace talks offer

Sri Lanka's Tamil Tiger rebels on Saturday rejected a government offer to hold crunch talks in Asia aimed at averting a return to civil war, insisting any meeting should be hosted by peace broker Norway.
Published 18 Dec, 2005 12:00am
Australian police block beaches: racial violence threat

Australian police block beaches: racial violence threat

Australian police set up road blocks and searched cars heading for Sydney's beaches on Saturday to prevent a second weekend of racial violence between ethnic Lebanese youths and local surfers.
Published 18 Dec, 2005 12:00am
One dead in Gaza blast

One dead in Gaza blast

A Palestinian militant was killed in an Israeli air strike on a car in the southern Gaza Strip on Saturday, Palestinian security sources and witnesses said. Khaled Abu Sitta, 25, a senior leader from the Abu el-Reesh Brigades, was killed when an Israeli m
Published 18 Dec, 2005 12:00am
Bhutanese protest at India border, 60 hurt

Bhutanese protest at India border, 60 hurt

About 60 people were injured when Indian police used batons to push back hundreds of Nepal-based Bhutanese refugees who were trying to enter India and then return to Bhutan, police and witnesses said on Saturday.
Published 18 Dec, 2005 12:00am
Bush acknowledges secret order for domestic spying

Bush acknowledges secret order for domestic spying

President George W. Bush on Saturday acknowledged he signed a secret order after the September 11, 2001, attacks to allow the surveillance of people in the United States. In a rare live radio address, Bush defended the practice as a "vital tool" in defend
Published 18 Dec, 2005 12:00am
Call to provide protection to farm, contract workers

Call to provide protection to farm, contract workers

The labour department should promote the advisory role of its inspection staff so that they may facilitate compliance with labour laws and labour standards in industrial sector.
Published 18 Dec, 2005 12:00am
Handicapped Pakistani maltreated at Abu Dhabi

Handicapped Pakistani maltreated at Abu Dhabi

Governments of Denmark and Pakistan should investigate into the incident of maltreatment meted out to a handicapped Pakistani national residing in Copenhagen by the Abu Dhabi airport authorities.
Published 18 Dec, 2005 12:00am
LSE EOGM put off due to lack of quorum

LSE EOGM put off due to lack of quorum

Extraordinary General Meeting (EOGM) of Lahore Stock Exchange (LSE) that was scheduled for Saturday was adjourned till December 24, due to lack of quorum.
Published 18 Dec, 2005 12:00am
CBR chief praised for extending date of e-filing returns

CBR chief praised for extending date of e-filing returns

The LCCI President Mian Shafqat Ali, Senior Vice President Abdul Basit, Vice President Aftab Ahmad Vohra and Convenor LCCI Standing Committee on Sales Tax Sheikh Mohammad Asif have expressed gratitude to the Chairman Central Board of Revenue (CBR) Abdulla
Published 18 Dec, 2005 12:00am
Unesco plans Shalamar Gardens conservation

Unesco plans Shalamar Gardens conservation

Unesco proposes to submit an application to Getty Foundation early next year to request funds for the conservation of Shahi Hamaam, training and capacity-building would be a vital component of the proposal.
Published 18 Dec, 2005 12:00am
Appalachian mountains buzz with oil drilling

Appalachian mountains buzz with oil drilling

The Appalachian mountains are buzzing with the sounds of oil drilling. Most of the 900 or so wells drilled in Kentucky this year won't produce more than a barrel or two of oil a day. But with prices around 60 dollars a barrel, those little wells are pulli
Published 18 Dec, 2005 12:00am
Kidnapping and looting

Kidnapping and looting

Please refer to the letter published in the Business Recorder written by Arif Saeed regarding man's inhumanity to man. It is correct that in our country, where earthquake victims are being looted/raped but we are calling ourselves as Muslims.
Published 18 Dec, 2005 12:00am
Collection of property tax

Collection of property tax

As I draw the attention of the higher authorities of the CBR and the Finance Minister that the Nazim-i-Aala, Syed Mustafa Kamal, intends collection of property tax through the utility bills.
Published 18 Dec, 2005 12:00am
Passports denied to repatriates

Passports denied to repatriates

It is very surprising that those Pakistanis who came from Dhaka to Karachi after the close of Repatriation in 1978, on their own expenses and are permanently residing in Orangi Town, Karachi and are Urdu speaking and have old and new national identity car
Published 18 Dec, 2005 12:00am
Amendment of assessments

Amendment of assessments

The basic function of the legislature is to make laws and the judiciary is responsible to understand, comprehend and interpret the law. It is the judiciary who while exercising the power of judicial review gathers the intention of the legislature containe
Published 18 Dec, 2005 12:00am
Early Harvest Pact with China

Early Harvest Pact with China

Heartening, indeed, it is to lean that Pakistan and China signed an agreement in Beijing on December 10 to enforce Early Harvest Programme (EHP), aimed at reducing tariff on a number of industrial and agriculture products from January 1, 2006.
Published 18 Dec, 2005 12:00am
Looking into Pandora's box of unreliable statistics

Looking into Pandora's box of unreliable statistics

According to a Business Recorder Report from Islamabad (December 13), participants in a workshop on "Preparation of Poverty Reduction Strategy Paper (PRSP-II)" expressed serious concern over poor data system, pointing out that the information disse
Published 18 Dec, 2005 12:00am
Judge summons Jaranwala DSP

Judge summons Jaranwala DSP

Additional District and Sessions Judge Musharraf Hassan has summoned Jaranwala DSP for appearance on January 7 to explain the causes of his failure to submit the report of a murder case of Ludianwala police. The judge also ordered to stop the salary of th
Published 18 Dec, 2005 12:00am
Nust symposium on HONET-2005 from December 19

Nust symposium on HONET-2005 from December 19

The National University of Sciences and Technology (Nust), after the success of HONET-2004, has arranged for the second time a three-day international symposium on High Capacity Optical Networks and Enabling Technologies (HONET-2005) from December 19 to 2
Published 18 Dec, 2005 12:00am
Preston University holds seminar on quake issues

Preston University holds seminar on quake issues

Preston University organised a seminar on "Issues and challenges of earthquake rehabilitation" at its campus in Islamabad on Friday. The seminar was the fourth in the series often the university has planned to organise on issues relating to natural calami
Published 18 Dec, 2005 12:00am
In-camera meeting on Kalabagh Dam soon

In-camera meeting on Kalabagh Dam soon

Federal Minister for Information Sheikh Rashid Ahmed said that in-camera meeting to brief opposition on Kalabagh dam project would be convened soon. He said the meeting was being convened on the demand of the leader of the opposition in the National Assem
Published 18 Dec, 2005 12:00am
'Dam's matter to be solved amicably'

'Dam's matter to be solved amicably'

Minister for Information and Broadcasting Sheikh Rashid Ahmed on Saturday expressed the hope that the matter of constructing big water reservoirs would be resolved amicably.
Published 18 Dec, 2005 12:00am
Shaukat invites Sindh PML legislators for meeting

Shaukat invites Sindh PML legislators for meeting

Prime Minister Shaukat Aziz has invited federal ministers, state ministers and MNAs from Sindh to a meeting on Kalabagh dam on Monday, and it is likely that some of them may skip it due to seething difference of opinion on the proposed project.
Published 18 Dec, 2005 12:00am
Provincial, district governments part of same system: chief minister

Provincial, district governments part of same system: chief minister

Punjab Chief Minister, Chaudhry Pervaiz Elahi has said that provincial government and district governments were the part of the same system and by maintaining excellent working relationship between them, benefits of reforms programme were being made avail
Published 18 Dec, 2005 12:00am
RCCI concerned over rise in POL and sugar prices

RCCI concerned over rise in POL and sugar prices

The Rawalpindi Chamber of Commerce and Industry (RCCI) has expressed concern over further increase in prices of petroleum products and sugar and called upon government to make immediate measures to bring down the POL and sugar prices.
Published 18 Dec, 2005 12:00am
Christmas shopping

Christmas shopping

With Christmas fast approaching, the stress of shopping hits its climax to welcome the birth of Jesus Christ, who was born on December 25. Christian families can be seen crowding the shopping centres in Anarkali, Ichhra, Gulberg, Defence, Model Town, Chou
Published 18 Dec, 2005 12:00am
BISE directive to private candidates

BISE directive to private candidates

Board of Intermediate and Secondary Education (BISE) Faisalabad has announced the annual higher secondary school examinations will be held from April 22, 2006.
Published 18 Dec, 2005 12:00am
Pakistan to host four-nation anti-trafficking meet

Pakistan to host four-nation anti-trafficking meet

Pakistan will host the first meeting of the newly set up four-nation joint working group to boost co-operation in combating human trafficking, Interior Minister Aftab Ahmad Sherpao said here on Saturday. The group was set up by interior ministers of Pakis
Published 18 Dec, 2005 12:00am
Parliamentary team leaves for Kabul

Parliamentary team leaves for Kabul

A three-member parliamentary delegation headed by National Assembly Deputy Speaker Sardar Muhammad Yaqub left here for Kabul on Saturday. The delegation will represent Pakistan in the inaugural ceremony of the Afghan Parliament, being held in Kabul on Dec
Published 18 Dec, 2005 12:00am
All set for APC on Kashmir today

All set for APC on Kashmir today

Jammu Kashmir National Liberation Front (JKNLF) has finalised the arrangements to hold All Parties Conference (APC) on United States of Kashmir on Sunday (December 18).
Published 18 Dec, 2005 12:00am
Pakistan Army builds 64,000 shelters for quake victims

Pakistan Army builds 64,000 shelters for quake victims

Pakistani Army soldiers have built 64,000 shelters for the earthquake victims using the corrugated iron sheets in earthquake-hit areas of Hazara Division of NWFP and Azad Jammu Kashmir so far.
Published 18 Dec, 2005 12:00am
Deutsche Bank increases its capital

Deutsche Bank increases its capital

Deutsche Bank intends to increase its capital for business in Pakistan from Euro 16.48 million (PKR 1.160 billion) to a total of Euro 34.96 million (PKR 2.46 billion).
Published 18 Dec, 2005 12:00am
Workshop on withholding tax held

Workshop on withholding tax held

An interactive workshop on tax management system of deduction and payment of withholding tax on Saturday highlighted the various aspects and procedure for payment of withholding tax.
Published 18 Dec, 2005 12:00am
Rauf visits Expo Centre

Rauf visits Expo Centre

Sindh Home Minister Abdul Rauf Siddiqui on Saturday visited the All About Lifestyle exhibition at the Expo Centre here. He said that the exhibition would help not only local products but also the national economy. He said that it would help introduce Paki
Published 18 Dec, 2005 12:00am
Pakistani troops leaves for Liberia

Pakistani troops leaves for Liberia

The first batch of Pakistan Army contingent to participate in the United Nations Mission in Liberia left here Friday night, said an Inter Services Public Relations (ISPR) press release.
Published 18 Dec, 2005 12:00am
Nepalese Army team visits Corps Headquarters

Nepalese Army team visits Corps Headquarters

A five-member military delegation of Royal Nepalese Army, led by Chief of the Army Staff General Pyar Jung Thapa, visited the Corps Headquarters here on Saturday, Inter Services Public Relations (ISPR) stated this in a press release.
Published 18 Dec, 2005 12:00am
German defence minister due on December 20

German defence minister due on December 20

German defence minister would arrive here on a three-day visit to Pakistan on Tuesday December 20. During his visit, the German minister would meet President Pervez Musharraf, Prime Minister Shaukat Aziz and Defence Minister Rao Sikander Iqbal and discuss
Published 18 Dec, 2005 12:00am
LUMSH urged to utilise Zakat fund efficiently

LUMSH urged to utilise Zakat fund efficiently

The District Co-ordination Officer Hyderabad, Muhammad Hussain Syed, has stressed upon the management of Liaquat University Medical and Science Hospital (LUMSH) Hyderabad for efficient utilisation of Zakat fund so that maximum poor patients could be benef
Published 18 Dec, 2005 12:00am
Cool night forecast

Cool night forecast

The Met Office has forecast fair weather with cool night for Karachi on Sunday with minimum temperature in range of 11-13 degree centigrade. Cool and dry weather is forecast for Hyderabad, Mirpurkhas, Sukkur and Larkana division on Sunday.
Published 18 Dec, 2005 12:00am
Three winners from Pakistan in Global Art contest

Three winners from Pakistan in Global Art contest

A prize distribution ceremony was held at Progressive Public School (Gulshan) Karachi to award one of the proud winners of " My Bright Smile' Global Art contest, 2005.
Published 18 Dec, 2005 12:00am
NA-210 bye-poll result be declared void: PPPP

NA-210 bye-poll result be declared void: PPPP

Pakistan People's Party Parliamentarians on Saturday called for declaring the bye-election result of NA-210 null and void, and re-election be held under army and judiciary.
Published 18 Dec, 2005 12:00am
Khar for shelving Kalabagh Dam issue

Khar for shelving Kalabagh Dam issue

Former Punjab chief minister, Malik Ghulam Mustafa Khar, has urged President Pervez Musharraf to shelve the Kalabagh Dam (KBD) issue in order to put an end to the increasing polarisation among provinces and let the political leadership decide its fate.
Published 18 Dec, 2005 12:00am
PML-N says Musharraf has hijacked democracy

PML-N says Musharraf has hijacked democracy

PML-N Central leader and ex-Chairman Public Accounts Committee MNA M. Hamza said the importance of construction of Kalabagh dam for the survival and economic stability of the country cannot be ignored.
Published 18 Dec, 2005 12:00am
MHI to construct over 6,000 shelter homes

MHI to construct over 6,000 shelter homes

The Muslim Hands International (MHI), a UK based non-governmental organisation, has constructed over 100 shelter homes in Chamankot and Rahimkot of district Bagh, Azad Kashmir.
Published 18 Dec, 2005 12:00am
Shaukat takes up reservoirs issue with Pagara and Jatoi

Shaukat takes up reservoirs issue with Pagara and Jatoi

Prime Minister Shaukat Aziz said on Saturday that the need for new water reservoirs is vital for the progress and development of agriculture sector which encompasses two-third of the country's overall economy.
Published 18 Dec, 2005 12:00am
KBA polls held

KBA polls held

The elections for new managing committee of Karachi Bar Association (KBA) were held here on Saturday. Some 4,600 eligible members out of more than 10,000 cast their votes in the polling, which ended at 5 pm. The main contestants for the seat of president
Published 18 Dec, 2005 12:00am
Saudi commander terms joint exercises productive

Saudi commander terms joint exercises productive

Rear Admiral Sami Mansour Al-Rifaie, Commander of the Saudi Royal Navy Task Force that took part in the joint exercises with Pakistan Navy under the Uroosul Bahr, declared that co-operation in the naval field between the two countries shall continue in th
Published 18 Dec, 2005 12:00am
Abraaj raises $500 million for buy out fund

Abraaj raises $500 million for buy out fund

Abraaj Capital, the largest private equity firm in the Middle East, North Africa and South Asia region announced on Saturday the final closing & its 500 million dollars second Buyout Fund (ABOF II), the largest fund ever to be raised in the Middle East.
Published 18 Dec, 2005 12:00am
Abraaj raises $500 million for buy out fund

Abraaj raises $500 million for buy out fund

Abraaj Capital, the largest private equity firm in the Middle East, North Africa and South Asia region announced on Saturday the final closing & its 500 million dollars second Buyout Fund (ABOF II), the largest fund ever to be raised in the Middle East.
Published 18 Dec, 2005 12:00am
By-elections of 6 seats held peacefully

By-elections of 6 seats held peacefully

Peaceful polling for by-elections was reported from all four National Assembly and two provincial assembly constituencies in Punjab on Saturday.
Published 18 Dec, 2005 12:00am
FST issues notice to PTV managing director on new postings

FST issues notice to PTV managing director on new postings

Federal Services Tribunal has admitted a petition of three PTV Senior Controller News against appointment of Ehsan Qadir Hashmi as Director News and Current Affairs and Quatrina Hussain as Chief Editor News for regular hearing and issued notice to Managin
Published 18 Dec, 2005 12:00am
MIS training course for court personnel held

MIS training course for court personnel held

Certificate awarding ceremony on the conclusion of three-week Management Information System (MIS) training course for court personnel and ministerial staff was held here at the Federal Judicial Academy on Sunday.
Published 18 Dec, 2005 12:00am
MoU signed for Fulbright PhD scholarships

MoU signed for Fulbright PhD scholarships

The Higher Education Commission (HEC) and the United States Educational Foundation in Pakistan (USEFP) on Saturday signed a memorandum of understanding (MoU) to fund Pakistanis doing PhD in the USA under Fulbright Scholarship programme.
Published 18 Dec, 2005 12:00am
Opposition's strategy on oil price issue likely on December 20

Opposition's strategy on oil price issue likely on December 20

Opposition parties are holding a meeting on December 20 and likely to evolve a joint strategy against the soaring oil prices, said Chaudhry Nisar Ali Khan of Pakistan Muslim League (Nawaz) at a press conference here on Saturday.
Published 18 Dec, 2005 12:00am
Nadra and Ufone ink accord

Nadra and Ufone ink accord

Ufone and Nadra have signed an agreement by which Nadra would provide services for CNIC verification and bill payment to more than 3.5 million Ufone customers.
Published 18 Dec, 2005 12:00am
Education ministry not happy over CDWP decision

Education ministry not happy over CDWP decision

The Ministry of Education received a major set back on Saturday when Central Development Working Party (CDWP) deferred its PC-1 of Rs 26.795 billion for the establishment of 82,000 home-based schools.
Published 18 Dec, 2005 12:00am
NLC and LTE ink MoU

NLC and LTE ink MoU

National Logistic Cell (NLC) has inked a Memorandum of Understanding (MoU) with LT Engineering and Trade Services Private Limited (LTE) for laying down 72 kilometre of optical fibre cable at the cost of Rs 35 million.
Published 18 Dec, 2005 12:00am
NLC and LTE ink MoU

NLC and LTE ink MoU

National Logistic Cell (NLC) has inked a Memorandum of Understanding (MoU) with LT Engineering and Trade Services Private Limited (LTE) for laying down 72 kilometre of optical fibre cable at the cost of Rs 35 million.
Published 18 Dec, 2005 12:00am
NLC and LTE ink MoU

NLC and LTE ink MoU

National Logistic Cell (NLC) has inked a Memorandum of Understanding (MoU) with LT Engineering and Trade Services Private Limited (LTE) for laying down 72 kilometre of optical fibre cable at the cost of Rs 35 million.
Published 18 Dec, 2005 12:00am
SECP directive to listed companies

SECP directive to listed companies

The Securities and Exchange Commission of Pakistan (SECP) on Saturday directed all listed companies and their subsidiaries to provide "other information" contained in their annual reports, as such term is defined in international standard of accounting 72
Published 18 Dec, 2005 12:00am
SECP directive to listed companies

SECP directive to listed companies

The Securities and Exchange Commission of Pakistan (SECP) on Saturday directed all listed companies and their subsidiaries to provide "other information" contained in their annual reports, as such term is defined in international standard of accounting 72
Published 18 Dec, 2005 12:00am
SECP directive to listed companies

SECP directive to listed companies

The Securities and Exchange Commission of Pakistan (SECP) on Saturday directed all listed companies and their subsidiaries to provide "other information" contained in their annual reports, as such term is defined in international standard of accounting 72
Published 18 Dec, 2005 12:00am
Ginning units receive 11.29 percent less cotton than last year

Ginning units receive 11.29 percent less cotton than last year

According to a consolidated statement of Pakistan Cotton Ginners Association (PCGA) 10. 419348 million bales of seed cotton has arrived in 1,200 ginning factories of Punjab and Sindh provinces till 15th December 2005, which were 1.326 million bales or l1.
Published 18 Dec, 2005 12:00am
Ginning units receive 11.29 percent less cotton than last year

Ginning units receive 11.29 percent less cotton than last year

According to a consolidated statement of Pakistan Cotton Ginners Association (PCGA) 10. 419348 million bales of seed cotton has arrived in 1,200 ginning factories of Punjab and Sindh provinces till 15th December 2005, which were 1.326 million bales or l1.
Published 18 Dec, 2005 12:00am
Ginning units receive 11.29 percent less cotton than last year

Ginning units receive 11.29 percent less cotton than last year

According to a consolidated statement of Pakistan Cotton Ginners Association (PCGA) 10. 419348 million bales of seed cotton has arrived in 1,200 ginning factories of Punjab and Sindh provinces till 15th December 2005, which were 1.326 million bales or l1.
Published 18 Dec, 2005 12:00am
Zero sales tax on vulcanised rubber thread

Zero sales tax on vulcanised rubber thread

The Central Board of Revenue (CBR) has levied sales tax at the rate of zero-percent on the import and supply of vulcanised rubber thread and cord, covered under Pakistan Customs Tariff heading 4007.0090. The CBR has amended SRO 621(I)/2005 of June 17, 200
Published 18 Dec, 2005 12:00am
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