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Print - 2006-05-06
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 06 May, 2006 12:00am
Kiln body chief shot dead

Kiln body chief shot dead

Two unidentified motorcyclists gunned down the City Bhatta (kiln) Association President near 'Phatak' on Peaco Road here on Friday. The motive behind the murder could not be ascertained so for.
Published 06 May, 2006 12:00am
Kiln body chief shot dead

Kiln body chief shot dead

Two unidentified motorcyclists gunned down the City Bhatta (kiln) Association President near 'Phatak' on Peaco Road here on Friday. The motive behind the murder could not be ascertained so for.
Published 06 May, 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 06 May, 2006 12:00am
US hails Pakistan's efforts to fight terrorism

US hails Pakistan's efforts to fight terrorism

The United States on Wednesday commended Pakistan's efforts to go after terrorists "that may be operating" along the Pak-Afghan border region, saying, "We will continue to work with Pakistan to help in those efforts."
Published 06 May, 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 06 May, 2006 12:00am
Talks on free trade agreement with Singapore end

Talks on free trade agreement with Singapore end

Singapore and Pakistan on Friday completed a third round of negotiations for a free trade agreement (FTA), the city-states's trade ministry said. "Both sides had fruitful discussions and made further progress on the key issues tabled during the third roun
Published 06 May, 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 Friday (May 05, 2006).

Published 06 May, 2006 12:00am
Talks on free trade agreement with Singapore end

Talks on free trade agreement with Singapore end

Singapore and Pakistan on Friday completed a third round of negotiations for a free trade agreement (FTA), the city-states's trade ministry said. "Both sides had fruitful discussions and made further progress on the key issues tabled during the third roun
Published 06 May, 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 Friday (May 05, 2006).

Published 06 May, 2006 12:00am
Talks on free trade agreement with Singapore end

Talks on free trade agreement with Singapore end

Singapore and Pakistan on Friday completed a third round of negotiations for a free trade agreement (FTA), the city-states''s trade ministry said. "Both sides had fruitful discussions and made further progress on the key issues tabled during the third rou
Published 06 May, 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 Friday (May 05, 2006).

Published 06 May, 2006 12:00am
Senate body takes notice of pending Gwadar port works

Senate body takes notice of pending Gwadar port works

The Senate Standing Committee on Ports and Shipping discussed a number of recommendations regarding matters of Gwadar deep sea port in its concluding session held in Gwadar on Friday.
Published 06 May, 2006 12:00am
Senate body takes notice of pending Gwadar port works

Senate body takes notice of pending Gwadar port works

The Senate Standing Committee on Ports and Shipping discussed a number of recommendations regarding matters of Gwadar deep sea port in its concluding session held in Gwadar on Friday.
Published 06 May, 2006 12:00am
Senate body takes notice of pending Gwadar port works

Senate body takes notice of pending Gwadar port works

The Senate Standing Committee on Ports and Shipping discussed a number of recommendations regarding matters of Gwadar deep sea port in its concluding session held in Gwadar on Friday.
Published 06 May, 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 Friday (May 05, 2006).

Published 06 May, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (May 05, 2006).
Published 06 May, 2006 12:00am
CBR's plan to enhance duty collection in May and June

CBR's plan to enhance duty collection in May and June

The Central Board of Revenue (CBR) has chalked out a new plan for increasing customs duty during the last two months of financial year of 2005-06 to achieve the annual revenue target of Rs 690 billion.
Published 06 May, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (May 05, 2006).

Published 06 May, 2006 12:00am
CBR's plan to enhance duty collection in May and June

CBR's plan to enhance duty collection in May and June

The Central Board of Revenue (CBR) has chalked out a new plan for increasing customs duty during the last two months of financial year of 2005-06 to achieve the annual revenue target of Rs 690 billion.
Published 06 May, 2006 12:00am
CBR''s plan to enhance duty collection in May and June

CBR''s plan to enhance duty collection in May and June

The Central Board of Revenue (CBR) has chalked out a new plan for increasing customs duty during the last two months of financial year of 2005-06 to achieve the annual revenue target of Rs 690 billion.
Published 06 May, 2006 12:00am
Porter Goss quits as CIA director

Porter Goss quits as CIA director

Porter Goss resigned on Friday as CIA director plunging the world's biggest spy agency into new uncertainty as it seeks to rebuild from the trauma of the September 11 attacks.
Published 06 May, 2006 12:00am
Porter Goss quits as CIA director

Porter Goss quits as CIA director

Porter Goss resigned on Friday as CIA director plunging the world's biggest spy agency into new uncertainty as it seeks to rebuild from the trauma of the September 11 attacks.
Published 06 May, 2006 12:00am
ICAP holds roundtable on financial reporting

ICAP holds roundtable on financial reporting

The Institute of Chartered Accountants of Pakistan (ICAP) held a roundtable on Draft Financial Reporting Framework and Standards for small and medium-sized entities here, on Friday.
Published 06 May, 2006 12:00am
Shamshad to open workshop on May 8

Shamshad to open workshop on May 8

State Bank of Pakistan Governor Dr Shamshad Akhtar will inaugurate a two-day workshop on 'Collaboration among data compilers and users' on May 8 at 9.30 am at the SBP Learning Resource Centre, Karachi.
Published 06 May, 2006 12:00am
Rs 350 billion PSDP outlay proposed for 2006-07

Rs 350 billion PSDP outlay proposed for 2006-07

The government has proposed Rs 350 billion outlay of Public Sector Development Programme (PSDP) for FY 2006-07, which is about 14.4 percent more than Rs 306 billion of the current year.
Published 06 May, 2006 12:00am
Big push needed to accelerate economic growth: Salman

Big push needed to accelerate economic growth: Salman

The country's economy has been transformed from public sector to private sector, and now 85 percent of the financial sector is in the hands of the private sector. Financial Advisor to PM Dr Salman Shah stated this while speaking at the inaugural session o
Published 06 May, 2006 12:00am
Masses getting fruits of reforms: Elahi

Masses getting fruits of reforms: Elahi

Punjab Chief Minister, Chaudhry Pervaiz Elahi has said that powers have been devolved to the local level under the district governments system introduced by President Pervez Musharraf by virtue of which the development process has been geared up while the
Published 06 May, 2006 12:00am
Rickshaw drivers' strike today

Rickshaw drivers' strike today

Muttahida Rickshaw Drivers Union and Anjuman-e-Tajran Lytton Road will observe wheel-jam strike here on Saturday, to press the government to allow entry to 2-stroke rickshaws at Mall Road.
Published 06 May, 2006 12:00am
Karachiites facing worst power crisis

Karachiites facing worst power crisis

Many old residents of Karachi who have been living in this city since before partition, have told UPP correspondent that they never experience in the past years such power shutdowns in this city by KESC as they are experiencing now.
Published 06 May, 2006 12:00am
PPF and CIPE sign MoU to improve journalists' skills

PPF and CIPE sign MoU to improve journalists' skills

Pakistan Press Foundation (PPF) and Centre for International Private Enterprise (CIPE) has signed a memorandum of understanding (MoU) to work together to help the journalists in improving their economic skills and equip them to report and write about majo
Published 06 May, 2006 12:00am
Dewan Motors opens mini display centre

Dewan Motors opens mini display centre

Dewan Motors - the exclusive importer for BMW Group brands in Pakistan; BMW, Mini and Rolls-Royce, opened the first Mini display centre in the country. Dewan Mohammed Yousuf Farooqui, CEO of Dewan Mushtaq Group - Automotive Operations inaugurated the disp
Published 06 May, 2006 12:00am
23rd Haiku Mushaira today

23rd Haiku Mushaira today

The 23rd `Haiku Mushaira' will be held here on May 6 at Danishgah in Clifton. It is being held under the auspices of the Pakistan-Japan Cultural Association (PJCA) Sindh, says an announcement.
Published 06 May, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (May 05, 2006).

Published 06 May, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (May 05, 2006).

Published 06 May, 2006 12:00am
ABN Amro Bank, Ufone to launch co-branded credit card

ABN Amro Bank, Ufone to launch co-branded credit card

ABN Amro Bank and Ufone have signed an agreement to formalise an upcoming joint marketing initiative for ABN Amro and Ufone customers. According to a press release issued here on Friday, as part of the strategic partnership, the two service providers will
Published 06 May, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (May 05, 2006).

Published 06 May, 2006 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

May be the government has a case in defending the periodic upward revision of prices of petroleum products. After all the oil prices on the international market have crossed all the so-called psychological barriers, and nothing seems to be stopping this a
Published 06 May, 2006 12:00am
IPO-Pakistan fails to curb IPR crimes

IPO-Pakistan fails to curb IPR crimes

A national organisation the government set up early last year to counter the violation of the intellectual property rights has been able to detect only a few cases after its establishment despite the fact such crimes are on the rise in Pakistan.
Published 06 May, 2006 12:00am
TCP to buy 50,000 tons sugar

TCP to buy 50,000 tons sugar

Trading Corporation of Pakistan (TCP) on Friday issued a tender to buy 50,000 tons of refined sugar, with shipment due in July and bids to be submitted by 0630 GMT on May 19, TCP spokesman said.
Published 06 May, 2006 12:00am
Rs 1500 prize bond draw on May 15

Rs 1500 prize bond draw on May 15

The National Savings Hyderabad Joint Director has said that 26th Draw of Rs 1500 denomination prize bonds will be held here on May 15, 2006 in the premises of the State Bank of Pakistan.
Published 06 May, 2006 12:00am
LHC summons PIA Director (Administration)

LHC summons PIA Director (Administration)

The Lahore High Court (LHC) has directed the Director (Admin) PIA, Karachi, to appear before it on May 19 in a contempt of court petition, and explain why the court orders to regularise the petitioner employees have not been implemented.
Published 06 May, 2006 12:00am
Call for clean drinking water supply

Call for clean drinking water supply

Ismail Welfare Trust Chairperson Sofia Ismail has expressed grave concern over non-availability of clean drinking water in Karnal Pura Wahdat Road and adjoining areas.
Published 06 May, 2006 12:00am
Shaukat and Karzai hold talks

Shaukat and Karzai hold talks

Prime Minister Shaukat Aziz on Friday held a detailed meeting with Afghan President Hamid Karzai agreeing to further enhance co-operation to promote peace, prosperity and security in the region.
Published 06 May, 2006 12:00am
Scholarships for quake zone students

Scholarships for quake zone students

Rizwanullah Khan Shaheed Memorial Trust has offered scholarships to those students who could not bear the expenses of education because of financial constraints.
Published 06 May, 2006 12:00am
NRB training programme for officials soon

NRB training programme for officials soon

National Reconstruction Bureau (NRB) with the co-operation of World Bank will soon launch a training programme for local and government officials, NRB Chairman Daniyal Aziz said on Friday.
Published 06 May, 2006 12:00am
Netherlands want to introduce hydroponics technology

Netherlands want to introduce hydroponics technology

Netherlands Ambassador Cornelis withelmus Andreae called on Federal Minister for Food, Agriculture and Livestock Sikandar Hayat Khan Bosan here on Friday and discussed mutual co-operation especially promotion of Agriculture sector between both the countri
Published 06 May, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 May, 2006 12:00am
'Agricultural land fast depleting'

'Agricultural land fast depleting'

Agriculturists said on Friday that the agricultural land was fast depleting owing to construction of houses, factories and markets as compared to the growing need of productivity in proportion to rapidly increasing population.
Published 06 May, 2006 12:00am
Kashmir solution: India asked to take bold steps

Kashmir solution: India asked to take bold steps

Foreign Secretary Riaz Muhammad Khan has said that Indian government should take bold steps for resolution of Kashmir dispute. He said, Pakistan and India should go ahead from the confidence building measures to resolution of Kashmir issue.
Published 06 May, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (May 05, 2006).

Published 06 May, 2006 12:00am
'Ecota to be implemented soon'

'Ecota to be implemented soon'

It is expected that Economic Co-operation Organisation Trade Agreement (Ecota) would be soon implemented which will allow free trade between ECO countries, former envoy Javed Hussain said on Friday. Talking to PTV, he said that basic purpose of ECO is to
Published 06 May, 2006 12:00am
First fashion designers directory launched

First fashion designers directory launched

Pakistan's first fashion designers' directory was launched at a local hotel on Thursday evening. The directory, compiled by the Almurtaza Machinery Company carried 1,000 entries.
Published 06 May, 2006 12:00am