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Print - 2006-06-18
EU may impose security manifest document charges

EU may impose security manifest document charges

The European Union (EU) countries are likely to levy special charges for security manifest document charge (SMDC) currently charged for the US cargoes by Pakistan Ships' Agents Association (PSAA). These special charges have been levied for meeting US Cust
Published 18 Jun, 2006 12:00am
Aptma appeals for DTRE restoration

Aptma appeals for DTRE restoration

All Pakistan Textiles Mills Association (Aptma) Chairman Shafqat Elahi Sheikh has appealed to the government for restoration of Duty & Tax Remission on Export (DTRE), which is in the interest of the textiles sector as well as the economy. While talking to
Published 18 Jun, 2006 12:00am
Aptma appeals for DTRE restoration

Aptma appeals for DTRE restoration

All Pakistan Textiles Mills Association (Aptma) Chairman Shafqat Elahi Sheikh has appealed to the government for restoration of Duty & Tax Remission on Export (DTRE), which is in the interest of the textiles sector as well as the economy. While talking to
Published 18 Jun, 2006 12:00am
Aptma appeals for DTRE restoration

Aptma appeals for DTRE restoration

All Pakistan Textiles Mills Association (Aptma) Chairman Shafqat Elahi Sheikh has appealed to the government for restoration of Duty & Tax Remission on Export (DTRE), which is in the interest of the textiles sector as well as the economy. While talking to
Published 18 Jun, 2006 12:00am
Balochistan uplift top priority: Shaukat

Balochistan uplift top priority: Shaukat

Prime Minister Shaukat Aziz on Saturday said development of Balochistan is a key priority of the government and it will continue to allocate necessary funds for the uplift of the province. He was talking to a delegation from Balochistan led by Senate depu
Published 18 Jun, 2006 12:00am
Balochistan uplift top priority: Shaukat

Balochistan uplift top priority: Shaukat

Prime Minister Shaukat Aziz on Saturday said development of Balochistan is a key priority of the government and it will continue to allocate necessary funds for the uplift of the province. He was talking to a delegation from Balochistan led by Senate depu
Published 18 Jun, 2006 12:00am
Balochistan uplift top priority: Shaukat

Balochistan uplift top priority: Shaukat

Prime Minister Shaukat Aziz on Saturday said development of Balochistan is a key priority of the government and it will continue to allocate necessary funds for the uplift of the province. He was talking to a delegation from Balochistan led by Senate depu
Published 18 Jun, 2006 12:00am
Military-ruled Myanmar purges 8 deputy ministers

Military-ruled Myanmar purges 8 deputy ministers

Myanmar has purged eight deputy cabinet ministers and one supreme court judge, state-run media said on Saturday, in a move analysts said would have little impact on policy in the military-run nation. The change of cabinet ministers, the second such move i
Published 18 Jun, 2006 12:00am
Russia to discuss Paris club premium further: finance minister

Russia to discuss Paris club premium further: finance minister

Russia has reached a deal with the Paris Club of creditor nations on the early repayment of its $22 billion debt in principle but will continue to negotiate over the premium payment, the country's Finance Ministry spokesman told Reuters on Saturday.
Published 18 Jun, 2006 12:00am
EU funding mechanism 'not adequate', says Abbas

EU funding mechanism 'not adequate', says Abbas

Palestinian president Mahmud Abbas said Saturday a European Union funding mechanism for the cash-strapped Palestinians was "not adequate" after a meeting with Egyptian President Hosni Mubarak in Cairo.
Published 18 Jun, 2006 12:00am
Japan defeated on whaling

Japan defeated on whaling

Japan suffered a resounding defeat on Friday at the International Whaling Commission, calming fears among conservationists that it might finally win enough support in the world body to start attacking a ban on whaling.
Published 18 Jun, 2006 12:00am
Al Qaeda threatens revenge for Zarqawi death

Al Qaeda threatens revenge for Zarqawi death

Al Qaeda threatened Saturday to avenge the killing by US forces last week of the militant network's chief in Iraq, Abu Musab al-Zarqawi, in an Internet message addressed to the Islamic world.
Published 18 Jun, 2006 12:00am
Six killed in Indian occupied Kashmir

Six killed in Indian occupied Kashmir

Four civilians and two suspected freedom fighters were killed in fresh violence in occupied Kashmir, while seven alleged bombers were arrested, police said on Saturday. The region's police chief, Gopal Sharma, said on Saturday police had arrested seven su
Published 18 Jun, 2006 12:00am
Zambia plans visa waivers to boost tourism

Zambia plans visa waivers to boost tourism

Zambia will soon waive visa requirements for foreigners including Americans and Britons as it aims to boost its economy by raising annual tourist arrivals to a million by 2010, the country's tourism minister said on Tuesday.
Published 18 Jun, 2006 12:00am
NSS rates of return increased

NSS rates of return increased

The government has increased the rates of return on all national savings schemes, effective from June 5, 2006. An official statement issued here on Saturday said that the federal government has decided to increase the rates of profit on special saving cer
Published 18 Jun, 2006 12:00am
NSS rates of return increased

NSS rates of return increased

The government has increased the rates of return on all national savings schemes, effective from June 5, 2006. An official statement issued here on Saturday said that the federal government has decided to increase the rates of profit on special saving cer
Published 18 Jun, 2006 12:00am
NSS rates of return increased

NSS rates of return increased

The government has increased the rates of return on all national savings schemes, effective from June 5, 2006. An official statement issued here on Saturday said that the federal government has decided to increase the rates of profit on special saving cer
Published 18 Jun, 2006 12:00am
Cartels won''t be allowed to play havoc with economy: Salman

Cartels won''t be allowed to play havoc with economy: Salman

Dr Salman Shah, Advisor on Finance to Prime Minister Shaukat Aziz, speaking at a post-budget seminar held under the auspices of Press Information Department (PID) here on Saturday, said that the government would not allow cartels or monopolies to play hav
Published 18 Jun, 2006 12:00am
Cartels won't be allowed to play havoc with economy: Salman

Cartels won't be allowed to play havoc with economy: Salman

Dr Salman Shah, Advisor on Finance to Prime Minister Shaukat Aziz, speaking at a post-budget seminar held under the auspices of Press Information Department (PID) here on Saturday, said that the government would not allow cartels or monopolies to play hav
Published 18 Jun, 2006 12:00am
Cartels won't be allowed to play havoc with economy: Salman

Cartels won't be allowed to play havoc with economy: Salman

Dr Salman Shah, Advisor on Finance to Prime Minister Shaukat Aziz, speaking at a post-budget seminar held under the auspices of Press Information Department (PID) here on Saturday, said that the government would not allow cartels or monopolies to play hav
Published 18 Jun, 2006 12:00am
PSMA rejects involvement of mills in hoarding

PSMA rejects involvement of mills in hoarding

Pakistan Sugar Mills Association (PSMA) said that the sugar industry has offered its stocks at importing cost simply to avoid further politicisation of the issue and clarify that no sugar mill is involved in hoarding of sugar, as alleged in the ''media tr
Published 18 Jun, 2006 12:00am
PSMA rejects involvement of mills in hoarding

PSMA rejects involvement of mills in hoarding

Pakistan Sugar Mills Association (PSMA) said that the sugar industry has offered its stocks at importing cost simply to avoid further politicisation of the issue and clarify that no sugar mill is involved in hoarding of sugar, as alleged in the 'media tri
Published 18 Jun, 2006 12:00am
PSMA rejects involvement of mills in hoarding

PSMA rejects involvement of mills in hoarding

Pakistan Sugar Mills Association (PSMA) said that the sugar industry has offered its stocks at importing cost simply to avoid further politicisation of the issue and clarify that no sugar mill is involved in hoarding of sugar, as alleged in the 'media tri
Published 18 Jun, 2006 12:00am
Rs 95.987 billion NWFP budget presented

Rs 95.987 billion NWFP budget presented

The NWFP government on Saturday presented Rs 95.987 billion tax-free budget for financial year 2006-07, with the current expenditure estimated at Rs54.5 billion and capital expenditure of Rs 14 billion. Presenting the budget in the provincial assembly.
Published 18 Jun, 2006 12:00am
Rs 95.987 billion NWFP budget presented

Rs 95.987 billion NWFP budget presented

The NWFP government on Saturday presented Rs 95.987 billion tax-free budget for financial year 2006-07, with the current expenditure estimated at Rs54.5 billion and capital expenditure of Rs 14 billion. Presenting the budget in the provincial assembly.
Published 18 Jun, 2006 12:00am
Rs 95.987 billion NWFP budget presented

Rs 95.987 billion NWFP budget presented

The NWFP government on Saturday presented Rs 95.987 billion tax-free budget for financial year 2006-07, with the current expenditure estimated at Rs54.5 billion and capital expenditure of Rs 14 billion. Presenting the budget in the provincial assembly.
Published 18 Jun, 2006 12:00am
Rs 95.987 billion NWFP budget presented

Rs 95.987 billion NWFP budget presented

The NWFP government on Saturday presented Rs 95.987 billion tax-free budget for financial year 2006-07, with the current expenditure estimated at Rs54.5 billion and capital expenditure of Rs 14 billion. Presenting the budget in the provincial assembly.
Published 18 Jun, 2006 12:00am
No double standards in fighting terrorism: CICA

No double standards in fighting terrorism: CICA

The member states of the Conference on Co-operation and Confidence-Building Measures in Asia on Saturday condemned terrorism in all its forms and called for fighting it in a consistent and comprehensive manner to avoid double standards.
Published 18 Jun, 2006 12:00am
Resumption of Pak-India conflict possible: ICG

Resumption of Pak-India conflict possible: ICG

Unless Pakistan and India work harder to advance the normalisation process, resumption of conflict between these nuclear-armed neighbours is possible, says International Crisis Group (ICG).
Published 18 Jun, 2006 12:00am
Pakistan and India swap lists of prisoners

Pakistan and India swap lists of prisoners

Pakistan and India have exchanged lists of prisoners in each other jails, the Foreign Ministry said on Saturday. "We have conveyed to the Indian side, a list of 493 Pakistani civilian prisoners held in Indian jails," the statement said.
Published 18 Jun, 2006 12:00am
Pakistan and India swap lists of prisoners

Pakistan and India swap lists of prisoners

Pakistan and India have exchanged lists of prisoners in each other jails, the Foreign Ministry said on Saturday. "We have conveyed to the Indian side, a list of 493 Pakistani civilian prisoners held in Indian jails," the statement said.
Published 18 Jun, 2006 12:00am
SBP relaxes terms for trade loans against FE-25 deposits

SBP relaxes terms for trade loans against FE-25 deposits

With a view to facilitate genuine export transactions, the State Bank of Pakistan has decided that the instructions contained in Para (ii) of FE Circular No 16 dated November 1, 2004 may further be relaxed.
Published 18 Jun, 2006 12:00am
SBP relaxes terms for trade loans against FE-25 deposits

SBP relaxes terms for trade loans against FE-25 deposits

With a view to facilitate genuine export transactions, the State Bank of Pakistan has decided that the instructions contained in Para (ii) of FE Circular No 16 dated November 1, 2004 may further be relaxed.
Published 18 Jun, 2006 12:00am
SBP relaxes terms for trade loans against FE-25 deposits

SBP relaxes terms for trade loans against FE-25 deposits

With a view to facilitate genuine export transactions, the State Bank of Pakistan has decided that the instructions contained in Para (ii) of FE Circular No 16 dated November 1, 2004 may further be relaxed.
Published 18 Jun, 2006 12:00am
Pakistan urged to probe journalist's death

Pakistan urged to probe journalist's death

An international press freedom group has called for a full investigation into the killing of a Pakistani journalist, abducted last year after reporting that an al Qaeda leader had been killed by a US missile.
Published 18 Jun, 2006 12:00am
KUJ announces three-day protest

KUJ announces three-day protest

Karachi Union of Journalists (KUJ) on Saturday strongly condemned gruesome murder of missing journalist Hayatullah in North Waziristan tribal area and announced to observe three-day protest, boycott of Sindh Assembly proceedings on Monday and taking out p
Published 18 Jun, 2006 12:00am
CPNE shocked over Hayatullah's death

CPNE shocked over Hayatullah's death

Council of Pakistan Newspaper Editors (CPNE) president and editor of The Nation Arif Nizami has expressed his grief and shock at the death in mysterious circumstances of The Nation correspondent Hayatullah and demanded that authorities nab culprits at onc
Published 18 Jun, 2006 12:00am
Assassination of journalist: call for judicial commission

Assassination of journalist: call for judicial commission

Journalists boycotted the National Assembly session on Saturday to protest the assassination of their colleague Hayatullah Khan in tribal areas and demanded of the government to constitute an independent judicial commission under the Chief Justice of Paki
Published 18 Jun, 2006 12:00am
Kuwaiti Amir's visit a turning point in relations: Shaukat

Kuwaiti Amir's visit a turning point in relations: Shaukat

The first ever visit of Kuwaiti Amir Sheikh Sabah Al-Ahmed Al-Jabber Al-Sabah to Pakistan from June 19 will prove to be "a turning point" in relations between two brotherly Muslim countries, Prime Minister Shaukat Aziz said here, on Saturday.
Published 18 Jun, 2006 12:00am
Sajjada Nashin of Mushtaq Shah shot dead

Sajjada Nashin of Mushtaq Shah shot dead

Syed Shabbir Hussain Shah Sajjada Nashin of Shrine Syed Mushtaq Shah was shot dead by thieves on last night in Chak Dholla here. Reportedly, last night some thieves entered in the house of Syed Shabbir Shah. On offering resistance the thieves opened fire
Published 18 Jun, 2006 12:00am
Norwegian firm to establish wind turbines plant

Norwegian firm to establish wind turbines plant

NBT AS of Norway, one of the leading Wind Turbine Manufacturers in the world will establish manufacturing facilities of Mega Watt Class Wind Turbines in Pakistan. This was decided in a meeting on Saturday between MD Karachi Shipyard, Vice Admiral Iftekhar
Published 18 Jun, 2006 12:00am
Body to resolve natural resources disputes soon

Body to resolve natural resources disputes soon

The government has decided to constitute a Dispute Resolution Committee (DRC) under the chairmanship of petroleum minister to resolve disputes amongst stakeholders over the country''s natural resources, well-placed sources in the ministry told Business
Published 18 Jun, 2006 12:00am
Body to resolve natural resources disputes soon

Body to resolve natural resources disputes soon

The government has decided to constitute a Dispute Resolution Committee (DRC) under the chairmanship of petroleum minister to resolve disputes amongst stakeholders over the country's natural resources, well-placed sources in the ministry told Business
Published 18 Jun, 2006 12:00am
Body to resolve natural resources disputes soon

Body to resolve natural resources disputes soon

The government has decided to constitute a Dispute Resolution Committee (DRC) under the chairmanship of petroleum minister to resolve disputes amongst stakeholders over the country's natural resources, well-placed sources in the ministry told Business
Published 18 Jun, 2006 12:00am
43 killed in Iraq attacks

43 killed in Iraq attacks

A series of bombs killed at least 43 people in and near Baghdad on Saturday, police said. In the deadliest attack, a car bomb struck an Iraqi police checkpoint in south-west of Baghdad, killing at least 12 people and wounding 38, police said. Earlier, ano
Published 18 Jun, 2006 12:00am
43 killed in Iraq attacks

43 killed in Iraq attacks

A series of bombs killed at least 43 people in and near Baghdad on Saturday, police said. In the deadliest attack, a car bomb struck an Iraqi police checkpoint in south-west of Baghdad, killing at least 12 people and wounding 38, police said. Earlier, ano
Published 18 Jun, 2006 12:00am
52 killed as heavy sea, land battles erupt in Sri Lanka

52 killed as heavy sea, land battles erupt in Sri Lanka

At least 52 people were killed in Sri Lanka on Saturday as heavy sea and land battles erupted while Tamil Tiger rebels warned that the island would plunge in a "fatal war" if the military kept up air strikes.
Published 18 Jun, 2006 12:00am
52 killed as heavy sea, land battles erupt in Sri Lanka

52 killed as heavy sea, land battles erupt in Sri Lanka

At least 52 people were killed in Sri Lanka on Saturday as heavy sea and land battles erupted while Tamil Tiger rebels warned that the island would plunge in a "fatal war" if the military kept up air strikes.
Published 18 Jun, 2006 12:00am
Pakistan to get full membership of SCO, says Musharraf

Pakistan to get full membership of SCO, says Musharraf

President General Pervez Musharraf on Saturday expressed strong hope for Pakistan to get full membership of the Shanghai Co-operation Organisation (SCO), saying it would not only benefit the country, but will also help the regional grouping achieve its go
Published 18 Jun, 2006 12:00am
Pakistan to get full membership of SCO, says Musharraf

Pakistan to get full membership of SCO, says Musharraf

President General Pervez Musharraf on Saturday expressed strong hope for Pakistan to get full membership of the Shanghai Co-operation Organisation (SCO), saying it would not only benefit the country, but will also help the regional grouping achieve its go
Published 18 Jun, 2006 12:00am
The Weather

The Weather

The weather report on Saturday (June 17, 2006) and the forecast for Sunday (June 18, 2006).
Published 18 Jun, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (June 17, 2006) and for Sunday (June 18, 2006).
Published 18 Jun, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
THE RUPEE: steady trend in currency market

THE RUPEE: steady trend in currency market

Firmer trend was seen in both interbank and open markets on Saturday, dealers said. In the interbank market, the rupee held on to its overnight levels versus dollar at 60.20 and 60.22 for buying and selling, respectively, they said.
Published 18 Jun, 2006 12:00am
THE RUPEE: steady trend in currency market

THE RUPEE: steady trend in currency market

Firmer trend was seen in both interbank and open markets on Saturday, dealers said. In the interbank market, the rupee held on to its overnight levels versus dollar at 60.20 and 60.22 for buying and selling, respectively, they said.
Published 18 Jun, 2006 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday June 19, 2006.

Published 18 Jun, 2006 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday June 19, 2006.

Published 18 Jun, 2006 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday June 19, 2006.

Published 18 Jun, 2006 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 27th May 2006.

Published 18 Jun, 2006 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 27th May 2006.

Published 18 Jun, 2006 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (June 19, 2006).

Published 18 Jun, 2006 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (June 19, 2006).

Published 18 Jun, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (June 17, 2006).

Published 18 Jun, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (June 17, 2006).
Published 18 Jun, 2006 12:00am
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