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Print - 2006-03-08
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (March 07, 2006).

Published 08 Mar, 2006 12:00am
Thai sugar premiums firm

Thai sugar premiums firm

Premiums on sugar from Thailand, Asia's largest exporter of it, are expected to hold firm over the next few days, backed by demand in Asia, traders said on Tuesday.
Published 08 Mar, 2006 12:00am
President wants execution of Balochistan proposals

President wants execution of Balochistan proposals

President General Pervez Musharraf has directed implementation of proposals submitted by the parliamentary committee on Balochistan. According to a private TV channel on Tuesday, the President made this directive during a meeting with former prime ministe
Published 08 Mar, 2006 12:00am
Copper on defensive after plunge

Copper on defensive after plunge

Copper futures were on the defensive on Tuesday after tumbling more than 3 percent in London trade on heavy technical selling, but they found some support around lows on solid bargain-hunting.
Published 08 Mar, 2006 12:00am
President wants execution of Balochistan proposals

President wants execution of Balochistan proposals

President General Pervez Musharraf has directed implementation of proposals submitted by the parliamentary committee on Balochistan. According to a private TV channel on Tuesday, the President made this directive during a meeting with former prime ministe
Published 08 Mar, 2006 12:00am
Oil consolidates after slide, eyes Iran deal hope

Oil consolidates after slide, eyes Iran deal hope

Oil prices steadied on Tuesday after a slide the previous day as dealers expected Opec to hold production at near-maximum levels at its meeting this week and eyed the possibility of a last-minute nuclear deal with Iran.
Published 08 Mar, 2006 12:00am
Shaukat invites UK investors to explore trade potential

Shaukat invites UK investors to explore trade potential

Prime Minister Shaukat Aziz on Tuesday gave a detailed overview of economic reforms to British investors and asked them to see themselves the remarkable progress Pakistan had made in creating conducive investment environment during last few years.
Published 08 Mar, 2006 12:00am
Shaukat invites UK investors to explore trade potential

Shaukat invites UK investors to explore trade potential

Prime Minister Shaukat Aziz on Tuesday gave a detailed overview of economic reforms to British investors and asked them to see themselves the remarkable progress Pakistan had made in creating conducive investment environment during last few years.
Published 08 Mar, 2006 12:00am
Silver recovers in Asia, jewellers buy gold

Silver recovers in Asia, jewellers buy gold

Silver recovered from a fall below the psychologically important level of $10 an ounce on Tuesday, while gold rose on renewed buying interest from jewellers and speculators in Asia.
Published 08 Mar, 2006 12:00am
Shaukat invites UK investors to explore trade potential

Shaukat invites UK investors to explore trade potential

Prime Minister Shaukat Aziz on Tuesday gave a detailed overview of economic reforms to British investors and asked them to see themselves the remarkable progress Pakistan had made in creating conducive investment environment during last few years.
Published 08 Mar, 2006 12:00am
Tokyo gold drops as oil prices slip

Tokyo gold drops as oil prices slip

Tokyo gold futures dropped more than 1 percent on Tuesday as falls in oil prices and the dollar-denominated bullion price prompted Japanese investors to lock in profits, though the long-term trend remains bullish.
Published 08 Mar, 2006 12:00am
Serial blasts kill 21 in Varanasi

Serial blasts kill 21 in Varanasi

Three separate bomb blasts ripped through the holy Hindu city of Varanasi in India on Tuesday, killing at least 21 people and wounding 62 at a crowded temple and a railway station.
Published 08 Mar, 2006 12:00am
New York gold ends at a four-day low

New York gold ends at a four-day low

US gold futures settled a volatile session down nearly 2 percent on Monday amid chart-based selling, with additional pressure seen from weaker oil prices and a firmer US dollar, sources said.
Published 08 Mar, 2006 12:00am
Serial blasts kill 21 in Varanasi

Serial blasts kill 21 in Varanasi

Three separate bomb blasts ripped through the holy Hindu city of Varanasi in India on Tuesday, killing at least 21 people and wounding 62 at a crowded temple and a railway station.
Published 08 Mar, 2006 12:00am
Comex copper down

Comex copper down

US copper futures prices fell more than 3 percent on Monday in a speculative technical sell-off that followed a report showing US factory orders tumbled in January, traders said.
Published 08 Mar, 2006 12:00am
Pan Fish shares jump 26 percent after takeover deal

Pan Fish shares jump 26 percent after takeover deal

Shares in Norwegian salmon farmer Pan Fish leapt as much as 26 percent on Tuesday after it agreed to buy rival Marine Harvest for 1.3 billion euros ($1.6 billion) to become the world's biggest fish farmer.
Published 08 Mar, 2006 12:00am
UK Bank invited to take part in sell-off process

UK Bank invited to take part in sell-off process

Prime Minister Shaukat Aziz on Tuesday urged Merill Lynch Bank to participate in the privatisation process in Pakistan. He made these remarks during call on him by the Chairman of Merill Lynch Kavan Watt here on Tuesday.
Published 08 Mar, 2006 12:00am
Pan Fish shares jump 26 percent after takeover deal

Pan Fish shares jump 26 percent after takeover deal

Shares in Norwegian salmon farmer Pan Fish leapt as much as 26 percent on Tuesday after it agreed to buy rival Marine Harvest for 1.3 billion euros ($1.6 billion) to become the world's biggest fish farmer.
Published 08 Mar, 2006 12:00am
Sindh University vice chancellor visits various departments

Sindh University vice chancellor visits various departments

The vice chancellor University of Sindh, Mazharul Haq Siddiqui, on Monday visited the Faculty of Arts to select suitable place for establishing radio and mini television by the department of Mass Communication of the university.
Published 08 Mar, 2006 12:00am
New York coffee futures fall on profit-taking

New York coffee futures fall on profit-taking

US benchmark coffee futures slid 2.8 percent on Monday, pressured by funds and speculators taking profits when the contract failed to attract new buying near a recent three-week high, market sources said.
Published 08 Mar, 2006 12:00am
Spanish foreign minister calls on President

Spanish foreign minister calls on President

Spanish Foreign Minister Miguel Angel Moratinos called on President Pervez Musharraf on Tuesday. He is the first ever Spanish foreign minister to visit Pakistan.
Published 08 Mar, 2006 12:00am
Premier Food's sales up after acquisitions

Premier Food's sales up after acquisitions

British pickle-maker Premier Foods said on Tuesday it had increased operating profit by 18.2 percent in 2005 on sales boosted 6 percent by three major acquisitions.
Published 08 Mar, 2006 12:00am
Spanish foreign minister calls on President

Spanish foreign minister calls on President

Spanish Foreign Minister Miguel Angel Moratinos called on President Pervez Musharraf on Tuesday. He is the first ever Spanish foreign minister to visit Pakistan.
Published 08 Mar, 2006 12:00am
Premier Food's sales up after acquisitions

Premier Food's sales up after acquisitions

British pickle-maker Premier Foods said on Tuesday it had increased operating profit by 18.2 percent in 2005 on sales boosted 6 percent by three major acquisitions.
Published 08 Mar, 2006 12:00am
Iranian steel products import resumes

Iranian steel products import resumes

The Pakistani importers have resumed importing Iranian steel products after a month's break due to the skyrocketing international prices of this commodity and less transit time from the neighbouring country, trade sources told Business Recorder on
Published 08 Mar, 2006 12:00am
Kenya revises coffee output to 52,000 tonnes

Kenya revises coffee output to 52,000 tonnes

Kenya projects its coffee output to be 52,000 tonnes in 2005/06 (October-September) season if rains on the drought-stricken land keep falling, the Coffee Board of Kenya (CBK) said on Monday.
Published 08 Mar, 2006 12:00am
Iranian steel products import resumes

Iranian steel products import resumes

The Pakistani importers have resumed importing Iranian steel products after a month's break due to the skyrocketing international prices of this commodity and less transit time from the neighbouring country, trade sources told Business Recorder on
Published 08 Mar, 2006 12:00am
Russian grain exports drop

Russian grain exports drop

Russia's grain exports in February dropped for the second month in a row to 0.45 million tonnes, from 0.8 million tonnes in January. Despite the decline, Russia's total grain exports in 2005/06 are seen at 12.5 million tonnes, compared with 9.1 million to
Published 08 Mar, 2006 12:00am
Iranian steel products import resumes

Iranian steel products import resumes

The Pakistani importers have resumed importing Iranian steel products after a month''s break due to the skyrocketing international prices of this commodity and less transit time from the neighbouring country, trade sources told Business Recorder on
Published 08 Mar, 2006 12:00am
Wimm-Bill-Dann sees good 2005 year

Wimm-Bill-Dann sees good 2005 year

Russian dairy and juice maker Wimm-Bill-Dann expects good results for 2005 and could start paying dividends as the firm had corrected past mistakes, it said on Tuesday.
Published 08 Mar, 2006 12:00am
ARD demands interim government before elections

ARD demands interim government before elections

Alliance for the Restoration of Democracy (ARD) on Tuesday demanded installation of a consensus interim government before elections, saying the days of military government are numbered.
Published 08 Mar, 2006 12:00am
Wimm-Bill-Dann sees good 2005 year

Wimm-Bill-Dann sees good 2005 year

Russian dairy and juice maker Wimm-Bill-Dann expects good results for 2005 and could start paying dividends as the firm had corrected past mistakes, it said on Tuesday.
Published 08 Mar, 2006 12:00am
ARD demands interim government before elections

ARD demands interim government before elections

Alliance for the Restoration of Democracy (ARD) on Tuesday demanded installation of a consensus interim government before elections, saying the days of military government are numbered.
Published 08 Mar, 2006 12:00am
MGE wheat ends quietly lower

MGE wheat ends quietly lower

Spring wheat futures at the Minneapolis Grain Exchange settled mostly lower on Monday, following the weak trend set in the Chicago and Kansas City wheat markets amid outlooks for rain in the US Plains, traders said.
Published 08 Mar, 2006 12:00am
New York cocoa futures lower as dollar claws back

New York cocoa futures lower as dollar claws back

US cocoa futures edged lower on Monday, reversing early gains, amid the dollar's recovering value against sterling in a quiet session marked by thin trading volume, traders said.
Published 08 Mar, 2006 12:00am
Equities rebound on institutions' support

Equities rebound on institutions' support

Equities on Tuesday recovered on the back of support from financial institutions and leading brokerage houses, though placing bids in fewer stocks yet helping the index to close on a positive note.
Published 08 Mar, 2006 12:00am
Wheat new down by Rs 65 on grain market

Wheat new down by Rs 65 on grain market

Little business was again witnessed on the grain market on Tuesday as buyers kept on the sideline, dealers said. On the seed side, cottonseed oilcake with bag good type gained Rs 5 to Rs 540 while the low type maintained the same level at Rs 525, they add
Published 08 Mar, 2006 12:00am
Equities rebound on institutions' support

Equities rebound on institutions' support

Equities on Tuesday recovered on the back of support from financial institutions and leading brokerage houses, though placing bids in fewer stocks yet helping the index to close on a positive note.
Published 08 Mar, 2006 12:00am
Dyes mixed on Jodia Bazar

Dyes mixed on Jodia Bazar

The trading on dyes sector showed mixed trend on Jodia Bazar on Tuesday. The following variations were seen in China Ten Jin sky blue 5B down Rs 2 to Rs 90, Pakistan dyes black EX up Rs 5 to Rs 120, Chrasamine G up Rs 2 to Rs 118, acid dyes India blue V u
Published 08 Mar, 2006 12:00am
Equities rebound on institutions'' support

Equities rebound on institutions'' support

Equities on Tuesday recovered on the back of support from financial institutions and leading brokerage houses, though placing bids in fewer stocks yet helping the index to close on a positive note.
Published 08 Mar, 2006 12:00am
Bangladesh tea prices plunge on poor quality

Bangladesh tea prices plunge on poor quality

The average price of Bangladesh teas plunged more than 20 percent to 54.59 taka ($0.8) per kg on poor quality at the penultimate weekly auction on Tuesday, brokers said.
Published 08 Mar, 2006 12:00am
CBR to launch 'Nexus' to broaden tax base soon

CBR to launch 'Nexus' to broaden tax base soon

The Central Board of Revenue (CBR) is planning to collect information about investment made in shares, credit cards and bookings in five-star hotels to bring the potential taxpayers into the tax net, and some 100-150 leading sales tax, customs and income
Published 08 Mar, 2006 12:00am
Listless business on cotton market

Listless business on cotton market

No change was seen in the present outlook of the cotton market on Tuesday due to cautious attitudes of the buyers and sellers, dealers said.
Published 08 Mar, 2006 12:00am
CBR to launch 'Nexus' to broaden tax base soon

CBR to launch 'Nexus' to broaden tax base soon

The Central Board of Revenue (CBR) is planning to collect information about investment made in shares, credit cards and bookings in five-star hotels to bring the potential taxpayers into the tax net, and some 100-150 leading sales tax, customs and income
Published 08 Mar, 2006 12:00am
Oil cake market rates

Oil cake market rates

Bearish sentiment persisted on the forward cottonseed oilcake market on Tuesday as purchasing in low volume was noted, dealers said.
Published 08 Mar, 2006 12:00am
CBR to launch ''Nexus'' to broaden tax base soon

CBR to launch ''Nexus'' to broaden tax base soon

The Central Board of Revenue (CBR) is planning to collect information about investment made in shares, credit cards and bookings in five-star hotels to bring the potential taxpayers into the tax net, and some 100-150 leading sales tax, customs and income
Published 08 Mar, 2006 12:00am
CBOT wheat settles lower on rains, Iraq news

CBOT wheat settles lower on rains, Iraq news

Wheat futures at the Chicago Board of Trade closed lower on Monday on forecasts for rain in the US Plains and disappointing export news from Iraq, traders said.
Published 08 Mar, 2006 12:00am
LSE: bulls stage comeback

LSE: bulls stage comeback

Equities recovered some of Monday's losses on Lahore Stock Exchange (LSE) amid ascending transaction volume on account of fresh buying. The LSE-25 index improved by 93.26 points, closing at 5424.07 against 5330.81 of Monday.
Published 08 Mar, 2006 12:00am
Corn sheds 2-1/2-percent amid bird flu woes

Corn sheds 2-1/2-percent amid bird flu woes

Corn futures at the Chicago Board of Trade fell 2-1/2 percent on Monday amid the global spread of bird flu and sliding outside markets including gold and crude oil, traders said.
Published 08 Mar, 2006 12:00am
LSE: bulls stage comeback

LSE: bulls stage comeback

Equities recovered some of Monday's losses on Lahore Stock Exchange (LSE) amid ascending transaction volume on account of fresh buying. The LSE-25 index improved by 93.26 points, closing at 5424.07 against 5330.81 of Monday.
Published 08 Mar, 2006 12:00am
US Midwest bids for corn and soya steady

US Midwest bids for corn and soya steady

Spot basis bids for corn and soyabeans were mostly steady around the US Midwest early on Tuesday, but river dealers raised bids slightly due to improving export demand.
Published 08 Mar, 2006 12:00am
ISE index shows improvement

ISE index shows improvement

Equities partially recovered at the Islamabad Stock Exchange (ISE) where bears handed over the floor to the bulls amid increase in index. ISE Ten index showed an improvement of 17.00 points, as the ten index moved from 3,147.74 to 3,164.74 points.
Published 08 Mar, 2006 12:00am
Oil World sees rising global demand for soyaoil

Oil World sees rising global demand for soyaoil

Increasing global demand for soyaoil boosted combined exports by the world's biggest producers to a record high in September/January 2005/06, Hamburg-based industry publication Oil World said.
Published 08 Mar, 2006 12:00am
ISE index shows improvement

ISE index shows improvement

Equities partially recovered at the Islamabad Stock Exchange (ISE) where bears handed over the floor to the bulls amid increase in index. ISE Ten index showed an improvement of 17.00 points, as the ten index moved from 3,147.74 to 3,164.74 points.
Published 08 Mar, 2006 12:00am
FOB Gulf soyabean soars, corn up, wheat steady

FOB Gulf soyabean soars, corn up, wheat steady

US FOB Gulf soyabean basis offers jumped on Monday amid tight supplies and talk of China in the market, while corn was slightly higher and wheat was steady, traders said.
Published 08 Mar, 2006 12:00am
Enel seeks partner for Suez water business

Enel seeks partner for Suez water business

Italian utility Enel is looking for a partner to buy Suez's water business as it considers making an offer for the French utility, sources familiar with the situation said on Tuesday.
Published 08 Mar, 2006 12:00am
HRW wheat bids steady, Kansas crop declines

HRW wheat bids steady, Kansas crop declines

Spot basis bids for hard red winter wheat were steady on Tuesday, with wheat demand noted in some spot locations but Gulf business still thin, merchants said.
Published 08 Mar, 2006 12:00am
American activist missing in new Iraq hostage video

American activist missing in new Iraq hostage video

Three Christian peace activists held hostage in Iraq were shown in a video aired on Al Jazeera television on Tuesday, but the fourth captive, an American, was not seen. The men, who were kidnapped in November, called on Gulf Arab leaders and their own gov
Published 08 Mar, 2006 12:00am
China's top steel firms target output gains

China's top steel firms target output gains

Some of China's largest steel firms expect to raise output in 2006, but their executives said this week that consolidation and closures would still slow national output growth from last year's blistering pace.
Published 08 Mar, 2006 12:00am
Ivory Coast cocoa prices mixed

Ivory Coast cocoa prices mixed

Farmgate prices in Ivory Coast's main cocoa regions were mixed from February 27 to March 5, Coffee and Cocoa Bourse (BCC) data showed on Tuesday.
Published 08 Mar, 2006 12:00am
Bosnian region adopts 2006 budget opposed by IMF

Bosnian region adopts 2006 budget opposed by IMF

The parliament of Bosnia's Muslim-Croat federation on Tuesday adopted the 2006 budget which the International Monetary Fund (IMF) and the World Bank have said would breach agreements with them.
Published 08 Mar, 2006 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 84,222 tonnes of cargo including 53,847 tonnes import and 30,375 tonnes export cargo including 1,207 containers during last 24 hours ending at 0700 hours on Tuesday.
Published 08 Mar, 2006 12:00am
China and Japan fail to agree on oil, gas deal

China and Japan fail to agree on oil, gas deal

China and Japan have failed to agree on how to develop oil and gas reserves in disputed areas of the East China Sea, Kyodo news agency reported on Tuesday.
Published 08 Mar, 2006 12:00am
Singapore bunker fuel prices flat

Singapore bunker fuel prices flat

Singapore bunker prices were unchanged on Tuesday, while differentials to cargo values rose, as sellers collectively tried to floor the recent slide, traders said.
Published 08 Mar, 2006 12:00am
Global wind energy capacity seen tripling by 2014

Global wind energy capacity seen tripling by 2014

The global wind energy industry is expected to enjoy continued strong growth in coming years with total installed capacity seen more than tripling from current levels by 2014, an industry survey showed on Tuesday.
Published 08 Mar, 2006 12:00am
Grain exports from port of Rouen up

Grain exports from port of Rouen up

Grain exports from the French port of Rouen totalled 440,594 tonnes in February, comprising 337,029 tonnes of wheat and 103,565 tonnes of barley, port officials said on Tuesday.
Published 08 Mar, 2006 12:00am
Prime Minister to visit Jordan from today

Prime Minister to visit Jordan from today

Prime Minister Shaukat Aziz will pay an official two-day visit to Jordan from 8 March to 9 March, a Foreign Office spokesperson said on Tuesday. The Prime Minister who is currently in the United Kingdom will visit Jordan at the invitation of his Jordanian
Published 08 Mar, 2006 12:00am
Ukraine to intervene to lower sugar prices

Ukraine to intervene to lower sugar prices

Ukraine plans to intervene on the domestic sugar market to lower prices, but has not decided to start sugar imports yet, a senior government official said on Tuesday. Deputy Prime Minister Yuri Melnyk said the government would also limit trade profits on
Published 08 Mar, 2006 12:00am
India lodges protests

India lodges protests

India has registered "strong protests" with Pakistan over the construction of new bunkers on their heavily-militarised border, a minister said on Tuesday.
Published 08 Mar, 2006 12:00am
Shopping arcade construction challenged

Shopping arcade construction challenged

A tax consultant company has challenged the construction of I. MAX Theatre and Shopping Arcade over a space on Dongi Ground here at M.M. Alam Road.
Published 08 Mar, 2006 12:00am
India lodges protests

India lodges protests

India has registered "strong protests" with Pakistan over the construction of new bunkers on their heavily-militarised border, a minister said on Tuesday.
Published 08 Mar, 2006 12:00am
Shopping arcade construction challenged

Shopping arcade construction challenged

A tax consultant company has challenged the construction of I. MAX Theatre and Shopping Arcade over a space on Dongi Ground here at M.M. Alam Road.
Published 08 Mar, 2006 12:00am
Manhunt for clerics in tribal area launched

Manhunt for clerics in tribal area launched

Troops on Tuesday searched for two pro-Taleban clerics accused of instigating the worst fighting near the Afghan border since the start of the "war on terror", officials said.
Published 08 Mar, 2006 12:00am
One-dish in marriage ceremonies under study

One-dish in marriage ceremonies under study

The government is considering taking a lenient view on serving one-dish at marriage ceremonies in a bid to provide much-needed boost to the poultry industry, which is in severe crisis due to bird flu rumours being aired by some vested interests having ult
Published 08 Mar, 2006 12:00am
Lawyers boycott courts

Lawyers boycott courts

Members of Jaranwala Bar Association boycotted the courts' proceedings on Tuesday in protest to condemn the murder of two prisoners in the premises of Session Courts in Jaranwala.
Published 08 Mar, 2006 12:00am
US Consul General meets Ibad

US Consul General meets Ibad

The US Consul General at Karachi Marry Witt met the Sindh Governor Dr Ishrat-ul-Ibad Khan at the Governor House here on Monday evening. In the meeting views were exchanged on various important matters including the recent bomb blast.
Published 08 Mar, 2006 12:00am
'Industrial policy' draft not yet finalised

'Industrial policy' draft not yet finalised

The Ministry of Industries, Production and Special Initiative has failed to finalise the draft of country's maiden industrial policy after one year of its circulation to the stakeholders and putting it on the official web site of the ministry for comments
Published 08 Mar, 2006 12:00am
US non-farm productivity falls in fourth quarter

US non-farm productivity falls in fourth quarter

US non-farm business productivity fell less sharply in the fourth quarter than first thought, the government said on Tuesday in a report showing the lingering effects of Gulf Coast hurricanes.
Published 08 Mar, 2006 12:00am
'Industrial policy' draft not yet finalised

'Industrial policy' draft not yet finalised

The Ministry of Industries, Production and Special Initiative has failed to finalise the draft of country's maiden industrial policy after one year of its circulation to the stakeholders and putting it on the official web site of the ministry for comments
Published 08 Mar, 2006 12:00am
Blending of ethanol with petrol opposed

Blending of ethanol with petrol opposed

The Ministry of Petroleum (MoP) and Hydrocarbon Development Institute of Pakistan (HDIP) have strongly opposed blending of ethanol with petrol, saying that the proposition is not viable, economically, for Pakistan and any such decision would leave more su
Published 08 Mar, 2006 12:00am
''Industrial policy'' draft not yet finalised

''Industrial policy'' draft not yet finalised

The Ministry of Industries, Production and Special Initiative has failed to finalise the draft of country''s maiden industrial policy after one year of its circulation to the stakeholders and putting it on the official web site of the ministry for comment
Published 08 Mar, 2006 12:00am
Spain offers 10 million euros micro-credit facility

Spain offers 10 million euros micro-credit facility

Spain has offered micro-credit facility with an initial equity of 10 million euros, Foreign Minister Khurshid Mahmood Kasuri said after talks with the visiting Spanish Foreign Minister Miguel Angel Moratins here on Tuesday.
Published 08 Mar, 2006 12:00am
Spain offers 10 million euros micro-credit facility

Spain offers 10 million euros micro-credit facility

Spain has offered micro-credit facility with an initial equity of 10 million euros, Foreign Minister Khurshid Mahmood Kasuri said after talks with the visiting Spanish Foreign Minister Miguel Angel Moratins here on Tuesday.
Published 08 Mar, 2006 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

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
Published 08 Mar, 2006 12:00am
Spain offers 10 million euros micro-credit facility

Spain offers 10 million euros micro-credit facility

Spain has offered micro-credit facility with an initial equity of 10 million euros, Foreign Minister Khurshid Mahmood Kasuri said after talks with the visiting Spanish Foreign Minister Miguel Angel Moratins here on Tuesday.
Published 08 Mar, 2006 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

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
Published 08 Mar, 2006 12:00am
US energy secretary due soon

US energy secretary due soon

In pursuance of the Bush-Musharraf parleys here last week, US Secretary of Energy, Samuel W Bodman, would be visiting Pakistan within the "next few weeks", to discuss the setting up of an energy working group, US official told Foreign Minister Khurshid Me
Published 08 Mar, 2006 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (March 07, 2006).

Published 08 Mar, 2006 12:00am
Senate session on March 10

Senate session on March 10

President General Pervez Musharraf has summoned the Senate to meet in the Parliament House here on Friday, (March 10) at 10:00 am. The session has been summoned by the President, in exercise of the powers conferred by Clause 1 of Article 54 of the Constit
Published 08 Mar, 2006 12:00am
Plan to boost knitwear, garment industry discussed

Plan to boost knitwear, garment industry discussed

The Federal government is working on a plan to help the knitwear and garment industry for developing better quality skilled manpower through training programmes in industrial units.
Published 08 Mar, 2006 12:00am
Presence of cattle market in housing scheme challenged

Presence of cattle market in housing scheme challenged

The Lahore High Court (LHC) has directed former president Lahore High Court Bar Association (LHCBA) Ahmed Javed Jillani to visit the cattle market in Sabzazar Scheme Lahore and submit his report before the court on Thursday (March 9).
Published 08 Mar, 2006 12:00am
Sparc holds consultation on role of police under JJSO

Sparc holds consultation on role of police under JJSO

Society for the Protection of the Rights of the Child (Sparc) organised a one-day consultation on "The role of police under the Juvenile Justice System Ordinance (JJSO) 2000". The consultation was attended by police officers, representatives of social wel
Published 08 Mar, 2006 12:00am