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May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-04-01
Pakistan for new security consensus

Pakistan for new security consensus

Pakistan has called on the international community to evolve new security consensus to achieve disarmament and non-proliferation. Permanent Representative of Pakistan Ambassador Masood Khan while addressing the 65-member Conference on Disarmament pointed
Published 01 Apr, 2006 12:00am
Poverty hinders China's fight against bird flu

Poverty hinders China's fight against bird flu

Na Qiuqing's chickens huddle in their tarpaulin-covered coop trying to avoid the fierce wind that howls across the plain, whipping up a fine yellow dust that sticks to clothes and irritates eyes.
Published 01 Apr, 2006 12:00am
Woven carpet exports may further go up

Woven carpet exports may further go up

Whether he lived in cave or in castle, man has always endeavoured to decorate his dwellings to create a pleasant environment and make his habitat comfortable. Animal skins and leaves of grass were his first items of decor and comfort.
Published 01 Apr, 2006 12:00am
Revamping Radio Pakistan

Revamping Radio Pakistan

Speaking at a presentation on Pakistan Broadcasting Corporation at National Broadcasting House, in Islamabad, Prime Minister Shaukat Aziz rightly stressed the need of making Radio Pakistan more vibrant, and technologically advanced, saying it is a very po
Published 01 Apr, 2006 12:00am
Privatisation of PSEs

Privatisation of PSEs

Privatisation of public sector enterprises (PSEs) is an important economic reform policy tool to reduce structural inefficiencies of the economy and to generate growth by removing artificial barriers and opening up the economy to competition.
Published 01 Apr, 2006 12:00am
Mir Shakil re-elected APNS president

Mir Shakil re-elected APNS president

The All Pakistan Newspapers Society (APNS) annual general meeting (AGM) has re-elected Mir Shakil-ur-Rehman of Jang Group of publications, Mujeeb-ur-Rehman Shami of Daily Pakistan, Lahore.
Published 01 Apr, 2006 12:00am
Poor women can't get bank loans

Poor women can't get bank loans

Apparently, it's an encouraging factor for the new generation that the government is providing it chances to attend several seminars and functions to improve the economic and social condition of the nation, especially the steps being taken for women empow
Published 01 Apr, 2006 12:00am
IMC constructs model houses in quake-hit areas

IMC constructs model houses in quake-hit areas

Indus Motor Company (IMC) has constructed three earthquake resistant model houses in the village of Majhoi and Mang Omar Khan in the Jhelum valley of Azad Kashmir, which will be replicated in a larger reconstruction effort and will cover several settlemen
Published 01 Apr, 2006 12:00am
Arif Habib's Premier Fund gets 5-star rating

Arif Habib's Premier Fund gets 5-star rating

The Pakistan Credit Rating Agency (Pacra) has assigned 5-Star fund rating to Pakistan Premier Fund Limited (PPF), which reflects a superior performance relative to its peers. The rating is a composite measure of two factors, namely a) returns, b) risk ass
Published 01 Apr, 2006 12:00am
Arif Habib's Premier Fund gets 5-star rating

Arif Habib's Premier Fund gets 5-star rating

The Pakistan Credit Rating Agency (Pacra) has assigned 5-Star fund rating to Pakistan Premier Fund Limited (PPF), which reflects a superior performance relative to its peers. The rating is a composite measure of two factors, namely a) returns, b) risk ass
Published 01 Apr, 2006 12:00am
Session on terrorism on April 3

Session on terrorism on April 3

A session on the "Awareness of terrorism countered through tolerance and avoiding extremism with reference to educational, cultural and religious institutions" will be held at the Institute of Sindhialogy, Sindh University (SU) on April 3.
Published 01 Apr, 2006 12:00am
PTCL 'efficiency'

PTCL 'efficiency'

The 'efficiency' of Pakistan Telecommunication Company Limited (PTCL) can be gauged from the promptness of preparing bills and sending them to 'customers' who do not have telephone connection.
Published 01 Apr, 2006 12:00am
Psgmea suggestions sought for trade policy

Psgmea suggestions sought for trade policy

The Federal Ministry of Commerce has sought the proposals of Pakistan Sports Goods Manufacturers and Exporters Association (PSGMEA) for formulating the 2006-07 trade policy by taking the Sialkot-based manufacturers and exporters of sports goods into confi
Published 01 Apr, 2006 12:00am
Russian oil and gas team due in April

Russian oil and gas team due in April

Russian oil and gas companies will discuss the investment opportunities particularly for laying trans-border pipelines with the government in the second week of April, said an official statement on Friday.
Published 01 Apr, 2006 12:00am
Scanner's installation at Peshawar Dry Port demanded

Scanner's installation at Peshawar Dry Port demanded

All Pakistan Commercial Exporters Association (Apcea) has called for installation of scanner, early completion of boundary wall around and strengthening of security system at Peshawar Dry port for promotion of export from the provincial metropolis.
Published 01 Apr, 2006 12:00am
Zafar Shah's death condoled

Zafar Shah's death condoled

National Assembly Speaker Chaudhry Amir Hussain and Deputy Speaker Sardar Muhammad Yaqoob have condoled the death of former member of National Assembly from Peshawar, Syed Zafar Ali Shah.
Published 01 Apr, 2006 12:00am
Law and order in Fata, settled areas reviewed

Law and order in Fata, settled areas reviewed

NWFP Governor Khalil-ur-Rehman on Friday presided over a high level meeting at Governor's House, which took stock of the law and order situation in Fata as well as certain settled areas of the province.
Published 01 Apr, 2006 12:00am
ZTBL gets a chance to clear position

ZTBL gets a chance to clear position

The standing committee on finance and revenue of the National Assembly has given another chance to Zarai Taraqiati Bank Limited (ZTBL) to justify fresh recruitment's, number of vehicles being used by its president and details of transfer/posting during th
Published 01 Apr, 2006 12:00am
Expatriates keen to invest in banking sector: Humayun

Expatriates keen to invest in banking sector: Humayun

Overseas Pakistanis are keen to invest in banking, cement, IT, communication and other sectors. This was stated by members of a 20-member delegation of Pakistan-UK Chamber of Commerce and Industry while talking to newsmen at a local hotel here on Friday.
Published 01 Apr, 2006 12:00am
Traders urged to benefit from EHP treaty with China

Traders urged to benefit from EHP treaty with China

The Assistant Chairman, China Council for Promotion of International Trade (CCPIT), Wang Jinzhen has urged Pakistan's business community to fully utilise the benefits of Early Harvest Program (EHP) treaty with China.
Published 01 Apr, 2006 12:00am
Sindh Assembly to meet on April 7

Sindh Assembly to meet on April 7

Sindh Governor, Dr Ishratul Ibad Khan, has summoned the Provincial Assembly of Sindh to meet on April 7 at 9:30am at Sindh Assembly Building, Karachi. This was officially stated here on Friday.
Published 01 Apr, 2006 12:00am
Indian firm fails to meet sugar supply deadline

Indian firm fails to meet sugar supply deadline

The Indian firm, which had won the tender for supply of 50,000 tons white sugar to Pakistan, has failed to meet the March 31 deadline as the consignment had not reached Karachi till the filing of this report, according to TCP sources.
Published 01 Apr, 2006 12:00am
70 killed in Iranian quake

70 killed in Iranian quake

A strong earthquake hit western Iran on Friday, killing at least 70 people and devastating villages, a provincial official said. More than 1,200 people were injured in an area around the cities of Doroud and Boroujerd in the province of Lorestan, said Ali
Published 01 Apr, 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 01 Apr, 2006 12:00am
70 killed in Iranian quake

70 killed in Iranian quake

A strong earthquake hit western Iran on Friday, killing at least 70 people and devastating villages, a provincial official said. More than 1,200 people were injured in an area around the cities of Doroud and Boroujerd in the province of Lorestan, said Ali
Published 01 Apr, 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 01 Apr, 2006 12:00am
Importers assure government of regular sugar supply

Importers assure government of regular sugar supply

Sugar importers have assured the government machinery of continuous and expeditious supply of the commodity from different origins whereas preference is given to India to get the sweetener in less time and saving valuable foreign exchange otherwise spent
Published 01 Apr, 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 Thursday (March 31, 2006).

Published 01 Apr, 2006 12:00am
PHC gets three additional judges

PHC gets three additional judges

President General Pervez Musharraf, has appointed Hamid Farooq, Raj Muhammad Khan and Said Maroof Khan as Additional Judges of the Peshawar High Court for a period of one year on and from the date they take oath of their office, an official statement said
Published 01 Apr, 2006 12:00am
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 Thursday (March 31, 2006).

Published 01 Apr, 2006 12:00am
PHC gets three additional judges

PHC gets three additional judges

President General Pervez Musharraf, has appointed Hamid Farooq, Raj Muhammad Khan and Said Maroof Khan as Additional Judges of the Peshawar High Court for a period of one year on and from the date they take oath of their office, an official statement said
Published 01 Apr, 2006 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (March 31, 2006).

Published 01 Apr, 2006 12:00am
Asif Zardari's assets frozen

Asif Zardari's assets frozen

The Accountability Court No 4, Rawalpindi has issued a order to freeze all movable and immovable properties and assets of Asif Ali Zardari inside the country and abroad.
Published 01 Apr, 2006 12:00am
Asif Zardari's assets frozen

Asif Zardari's assets frozen

The Accountability Court No 4, Rawalpindi has issued a order to freeze all movable and immovable properties and assets of Asif Ali Zardari inside the country and abroad.
Published 01 Apr, 2006 12:00am
SBP governor rules out changes in refinance system

SBP governor rules out changes in refinance system

State Bank of Pakistan Governor Dr Shamshad Akhtar has rejected the idea of introducing changes in the export refinance rate and said that it would continue to remain linked with Treasury Bills.
Published 01 Apr, 2006 12:00am
SBP governor rules out changes in refinance system

SBP governor rules out changes in refinance system

State Bank of Pakistan Governor Dr Shamshad Akhtar has rejected the idea of introducing changes in the export refinance rate and said that it would continue to remain linked with Treasury Bills.
Published 01 Apr, 2006 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (March 31, 2006).

Published 01 Apr, 2006 12:00am
SBP governor rules out changes in refinance system

SBP governor rules out changes in refinance system

State Bank of Pakistan Governor Dr Shamshad Akhtar has rejected the idea of introducing changes in the export refinance rate and said that it would continue to remain linked with Treasury Bills.
Published 01 Apr, 2006 12:00am
OGDC drags KSE index down

OGDC drags KSE index down

Selling pressure in Oil and Gas Development Company (OGDC) on Friday badly eroded the confidence of general investors, forcing them to shed their holdings, as a result of which declines were across the board and banking sector was one of the worst victims
Published 01 Apr, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (March 31, 2006).
Published 01 Apr, 2006 12:00am
OGDC drags KSE index down

OGDC drags KSE index down

Selling pressure in Oil and Gas Development Company (OGDC) on Friday badly eroded the confidence of general investors, forcing them to shed their holdings, as a result of which declines were across the board and banking sector was one of the worst victims
Published 01 Apr, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (March 31, 2006).

Published 01 Apr, 2006 12:00am
OGDC drags KSE index down

OGDC drags KSE index down

Selling pressure in Oil and Gas Development Company (OGDC) on Friday badly eroded the confidence of general investors, forcing them to shed their holdings, as a result of which declines were across the board and banking sector was one of the worst victims
Published 01 Apr, 2006 12:00am
BR Index30 suffers 0.92 percent decline

BR Index30 suffers 0.92 percent decline

The BRIndex30 on Friday saw a decline of -116.54, or -0.92 percent, with a high of 12,808.37 and low of 12,586.99 before closing at 12,612.52. The volume amounted to 304,384,900, which amounted to 86.55 percent of the total market, and 95.32 percent of KS
Published 01 Apr, 2006 12:00am
BR Index30 suffers 0.92 percent decline

BR Index30 suffers 0.92 percent decline

The BRIndex30 on Friday saw a decline of -116.54, or -0.92 percent, with a high of 12,808.37 and low of 12,586.99 before closing at 12,612.52. The volume amounted to 304,384,900, which amounted to 86.55 percent of the total market, and 95.32 percent of KS
Published 01 Apr, 2006 12:00am
SECP proposes amendments in income tax law

SECP proposes amendments in income tax law

The Securities and Exchange Commission of Pakistan (SECP) has proposed amendments in the Income Tax Ordinance 2001 for proper implementation of the 'Voluntary Pension Scheme'.
Published 01 Apr, 2006 12:00am
SECP proposes amendments in income tax law

SECP proposes amendments in income tax law

The Securities and Exchange Commission of Pakistan (SECP) has proposed amendments in the Income Tax Ordinance 2001 for proper implementation of the 'Voluntary Pension Scheme'.
Published 01 Apr, 2006 12:00am
Prime Minister meets President

Prime Minister meets President

Prime Minister Shaukat Aziz called on the President General Pervez Musharraf here on Friday. During the meeting, the two leaders reviewed the overall political situation, law and order and economic development in the country.
Published 01 Apr, 2006 12:00am
July-March tax collection Rs 6 billion above target

July-March tax collection Rs 6 billion above target

The Central Board of Revenue (CBR) has so far collected Rs 482.4 billion in July-March (2005-06) period, against the target of Rs 476.4 billion, reflecting an increase of Rs 6 billion.
Published 01 Apr, 2006 12:00am
July-March tax collection Rs 6 billion above target

July-March tax collection Rs 6 billion above target

The Central Board of Revenue (CBR) has so far collected Rs 482.4 billion in July-March (2005-06) period, against the target of Rs 476.4 billion, reflecting an increase of Rs 6 billion.
Published 01 Apr, 2006 12:00am
July-March tax collection Rs 6 billion above target

July-March tax collection Rs 6 billion above target

The Central Board of Revenue (CBR) has so far collected Rs 482.4 billion in July-March (2005-06) period, against the target of Rs 476.4 billion, reflecting an increase of Rs 6 billion.
Published 01 Apr, 2006 12:00am
LSE loses 73.37 points

LSE loses 73.37 points

Profit-taking in MCB and key oil & gas sector shares led the local share market downward on last trading day of the week, which closed with a loss of 73.37 point with further decline in trade turnover.
Published 01 Apr, 2006 12:00am
LSE loses 73.37 points

LSE loses 73.37 points

Profit-taking in MCB and key oil & gas sector shares led the local share market downward on last trading day of the week, which closed with a loss of 73.37 point with further decline in trade turnover.
Published 01 Apr, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (March 31, 2006).

Published 01 Apr, 2006 12:00am
ISE index down 14.86 points

ISE index down 14.86 points

Technical correction moved the entire ready-board in downward direction at the Islamabad Stock Exchange (ISE) where bears snatched the floor from the bulls under the lead of trend-setters amid decrease in index.
Published 01 Apr, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (March 31, 2006).

Published 01 Apr, 2006 12:00am
ISE index down 14.86 points

ISE index down 14.86 points

Technical correction moved the entire ready-board in downward direction at the Islamabad Stock Exchange (ISE) where bears snatched the floor from the bulls under the lead of trend-setters amid decrease in index.
Published 01 Apr, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (March 31, 2006).

Published 01 Apr, 2006 12:00am
Iran test-fires new 'invisible' missile

Iran test-fires new 'invisible' missile

Iran successfully test-fired on Friday a new missile capable of avoiding radar detection and striking a number of targets simultaneously, a top military commander announced.
Published 01 Apr, 2006 12:00am
Staff regularisation: NBP told to submit report till April 3

Staff regularisation: NBP told to submit report till April 3

A three-member bench of the Supreme Court on Friday directed administration of the National Bank of Pakistan (NBP) to submit detailed report till April 3 about the regularisation of 240 employees, who were inducted in the bank years ago in different categ
Published 01 Apr, 2006 12:00am
TCP receives offers for 132,000 cotton bales

TCP receives offers for 132,000 cotton bales

Trading Corporation of Pakistan (TCP) has received 51 bids from foreign and local buyers for the export of 132,000 bales of cotton. A TCP announcement said here on Friday that price evaluation committee headed by TCP chief will meet on April 3, 2006, to c
Published 01 Apr, 2006 12:00am
Refinance rate to remain unchanged

Refinance rate to remain unchanged

The State Bank of Pakistan (SBP) has decided that the rate of refinance under Export Finance Scheme notified vide our circular referred to above that is 7.5 percent per annum, would continue to be applicable for the month of April 2006.
Published 01 Apr, 2006 12:00am
Refinance rate to remain unchanged

Refinance rate to remain unchanged

The State Bank of Pakistan (SBP) has decided that the rate of refinance under Export Finance Scheme notified vide our circular referred to above that is 7.5 percent per annum, would continue to be applicable for the month of April 2006.
Published 01 Apr, 2006 12:00am
Refinance rate to remain unchanged

Refinance rate to remain unchanged

The State Bank of Pakistan (SBP) has decided that the rate of refinance under Export Finance Scheme notified vide our circular referred to above that is 7.5 percent per annum, would continue to be applicable for the month of April 2006.
Published 01 Apr, 2006 12:00am
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