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Jan 31, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-07-07
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 07 Jul, 2006 12:00am
UK business chiefs protest at bankers' extradition

UK business chiefs protest at bankers' extradition

Some of Britain's most prominent businessmen on Wednesday urged Home Secretary John Reid to stop the "manifestly unfair" extradition of three former bankers to face Enron-related fraud charges in the United States.
Published 07 Jul, 2006 12:00am
Elections to be held on January 30, 2008: Afgan

Elections to be held on January 30, 2008: Afgan

Parliamentary Affairs Minister Sher Afgan Khan Niazi on Thursday said President General Pervez Musharraf would contest for the president's slot in the next general elections while keeping his uniform and other people could also contest against him.
Published 07 Jul, 2006 12:00am
UK services growth slowed in June

UK services growth slowed in June

Britain's services economy expanded at a slightly weaker than expected pace last month, but the sector is still in good shape and could help boost overall growth in the second quarter, a survey showed on Wednesday.
Published 07 Jul, 2006 12:00am
Former Lehman Brothers chief Glucksman dies

Former Lehman Brothers chief Glucksman dies

Lewis Glucksman, who famously battled Pete Peterson for control of Lehman Brothers Kuhn Loeb in the 1980s, has died in Cork, Ireland, a charitable organisation he worked with said on Thursday. Glucksman, 80, died Wednesday morning, said Kingsley Aikins, c
Published 07 Jul, 2006 12:00am
Medicines will be exported to Brunei: minister

Medicines will be exported to Brunei: minister

Pakistan will export medicines, including vaccine to cure victim of snakebite to Brunei, Federal Health Minister Nasir Khan said on Thursday. "We (Pakistan and Brunei) have in principal agreed to initiate pharmaceutical business, but further negotiations
Published 07 Jul, 2006 12:00am
SIMAP and PISDAC sign MoU

SIMAP and PISDAC sign MoU

A Memorandum of Understanding (MoU) was signed by the Surgical Instruments Manufacturing Association of Pakistan (SIMAP) and the Pakistan Initiative for Strategic Development and Competitiveness (PISDAC), a United States Agency for International Developme
Published 07 Jul, 2006 12:00am
WestJet flies fuller jets, adds US flights

WestJet flies fuller jets, adds US flights

WestJet Airlines Ltd's jets flew with more passengers in June, and the airline said on Thursday it will add flights to US destinations beginning in late October.
Published 07 Jul, 2006 12:00am
NAB arrests Wapda official

NAB arrests Wapda official

National Accountability Bureau (NAB) Sindh has arrested a general manager of Wapda thermal power, Abdul Waris Khan, an absconder, wanted in NAB's reference No 8 and 9 (misuse of authority/misappropriation of funds) from Islamabad.
Published 07 Jul, 2006 12:00am
NAB arrests Wapda official

NAB arrests Wapda official

National Accountability Bureau (NAB) Sindh has arrested a general manager of Wapda thermal power, Abdul Waris Khan, an absconder, wanted in NAB's reference No 8 and 9 (misuse of authority/misappropriation of funds) from Islamabad.
Published 07 Jul, 2006 12:00am
Dubai's DIFC has big ambitions as finance hub

Dubai's DIFC has big ambitions as finance hub

Dubai's financial centre expects the number of financial firms setting up there to rise fivefold by 2009 and has ambitions to eventually rival London, New York and Hong Kong, one of its senior executives said.
Published 07 Jul, 2006 12:00am
SHC issues notices to KESC officials for July 10

SHC issues notices to KESC officials for July 10

A Division Bench of High Court of Sindh (SHC) comprising Justice Anwer Zaheer Jamali and Muhammad Afzal Soomro on Thursday issued notice to CEO Karachi Electric Supply Corporation (KESC) and Secretary Water and Power for July 10.
Published 07 Jul, 2006 12:00am
Firms, not funds, seen covering Rosneft IPO

Firms, not funds, seen covering Rosneft IPO

Strategic investors have pledged to buy shares in the initial public offering of Russian oil firm Rosneft, ensuring the order book is more than covered even as some fund managers balk at the offer price, market sources said on Thursday.
Published 07 Jul, 2006 12:00am
Rs 32 million approved for Supreme Court automation, video conferencing

Rs 32 million approved for Supreme Court automation, video conferencing

The Departmental Development Working Party (DDWP) of Law and Justice Ministry on Thursday approved Rs32 million for the automation of Supreme Court of Pakistan, and to provide Video Conferencing facility to Supreme Court of Pakistan, Federal Shariat Court
Published 07 Jul, 2006 12:00am
Firms, not funds, seen covering Rosneft IPO

Firms, not funds, seen covering Rosneft IPO

Strategic investors have pledged to buy shares in the initial public offering of Russian oil firm Rosneft, ensuring the order book is more than covered even as some fund managers balk at the offer price, market sources said on Thursday.
Published 07 Jul, 2006 12:00am
PML-N to move Supreme Court against MPA

PML-N to move Supreme Court against MPA

Pakistan Muslim League (PML-N) has decided to approach the Supreme Court of Pakistan against NWFP Assembly member Shuja Saleem alias Shazi for casting vote in favour of ruling PML in the Senate elections.
Published 07 Jul, 2006 12:00am
Valassis to buy ADVO for $1.2 billion

Valassis to buy ADVO for $1.2 billion

Valassis Communications Inc has agreed to buy direct mail company ADVO Inc for $1.2 billion, hoping to broaden its marketing services and lessen its reliance on selling inserts for Sunday newspapers. Valassis shares fell 17 percent following the announcem
Published 07 Jul, 2006 12:00am
Election petition dismissed

Election petition dismissed

The Lahore High Court (LHC) has dismissed an election petition filed by provincial minister Raza Ali Gillani against Iftikhar Hussain Chachar MPA, praying to the court to declare his election as null and void being rigged by the respondent. The court dism
Published 07 Jul, 2006 12:00am
Valassis to buy ADVO for $1.2 billion

Valassis to buy ADVO for $1.2 billion

Valassis Communications Inc has agreed to buy direct mail company ADVO Inc for $1.2 billion, hoping to broaden its marketing services and lessen its reliance on selling inserts for Sunday newspapers. Valassis shares fell 17 percent following the announcem
Published 07 Jul, 2006 12:00am
LHC allows Mushtaq Awan to go abroad

LHC allows Mushtaq Awan to go abroad

The Lahore High Court (LHC) has allowed former senior minister Punjab, Malik Mushtaq Ahmed Awan to go abroad for 30 days for his medical treatment. The petitioner had approached the court with prayer to direct the interior ministry to allow him to go abro
Published 07 Jul, 2006 12:00am
Sri Lanka boosts diesel stocks on security fears

Sri Lanka boosts diesel stocks on security fears

Sri Lankan state oil firm Ceypetco said on Thursday it was increasing its diesel stocks to 30 days supply from 20 to protect against rebel Tamil Tiger attacks and higher global oil prices. Ceypetco chairman Jaliya Medagama said the firm was currently in t
Published 07 Jul, 2006 12:00am
LHC accepts Wattoo's appeal

LHC accepts Wattoo's appeal

The Lahore High Court (LHC), while allowing an appeal of former Punjab Chief Minster Main Manzoor Ahmed Wattoo, has set aside the decision of an accountability court, which turned down his plea of acquitting him in a reference.
Published 07 Jul, 2006 12:00am
Malaysian palm oil ends up

Malaysian palm oil ends up

Malaysian crude palm oil futures closed higher on Thursday fuelled by strong demand and higher crude oil prices. The benchmark third-month September contract on the Bursar Malaysia Derivatives ended up 11 ringgit at 1,498 ringgit ($409) a tonne.
Published 07 Jul, 2006 12:00am
Three-day given to DPO for recovery of kidnapped person

Three-day given to DPO for recovery of kidnapped person

A full bench of the Supreme Court of Pakistan has allowed three days time to DPO Sialkot for recovery of one Bashir Khan and producing him before the court on July 10. The apex court had earlier adjourned the proceedings four times, but respondent DPO had
Published 07 Jul, 2006 12:00am
Tokyo rubber rises one percent

Tokyo rubber rises one percent

Japanese rubber futures ended mostly lower on Thursday after the most active contract failed to sustain early gains driven by strong crude oil prices.
Published 07 Jul, 2006 12:00am
Plea against Mall Plaza dismissed

Plea against Mall Plaza dismissed

The Lahore High Court (LHC) on Thursday dismissed a petition filed against construction of Mall Plaza on defence road due to non-prosecution by the petitioners. The court, however, adjourned till July 10, the proceedings in another petition on the same ma
Published 07 Jul, 2006 12:00am
Indonesia sells palm oil

Indonesia sells palm oil

Indonesia's state marketing centre sold all 2,500 metric tons of crude palm oil offered in an export auction, the centre said on Thursday. Viragos Oils & Fats was the sole buyer in the auction, taking all 2,500 tonnes at $397.5 a tonne, free on board Bega
Published 07 Jul, 2006 12:00am
NBP to facilitate youths under Rosgar Scheme: Ali Raza

NBP to facilitate youths under Rosgar Scheme: Ali Raza

President National Bank of Pakistan Syed Ali Raza said on Thursday that NBP would make all arrangements to provide loans to the deserving youths countrywide under 'Rosgar Scheme.' Speaking at a PTV programme he said, initially the NBP would be the only lo
Published 07 Jul, 2006 12:00am
Japan buys wheat

Japan buys wheat

Japan's Agriculture Ministry said on Thursday it had bought 80,000 tonnes of milling wheat from the United States, Canada and Australia at a weekly tender. Shipment of the Australian wheat is set for August, while shipment of the US and Canadian wheat is
Published 07 Jul, 2006 12:00am
161 buildings declared dangerous

161 buildings declared dangerous

The technical committee of the Karachi Building Control Authority (KBCA) for dangerous buildings has declared 161 dilapidated buildings as dangerous in addition to buildings already declared dangerous. According to a report of the committee, highest numbe
Published 07 Jul, 2006 12:00am
Asian cocoa: floods may cut Sulawesi production

Asian cocoa: floods may cut Sulawesi production

Floods and landslides which hit Indonesia's main cocoa growing island of Sulawesi may cut mid-crop output by up to three percent, but exports were largely unaffected, dealers said on Thursday. On the product side, slackening demand and ample supplies put
Published 07 Jul, 2006 12:00am
Amendment to Sugar Factory Control Act proposed

Amendment to Sugar Factory Control Act proposed

The Ministry of Food, Agriculture and Livestock (Minfal), taking the provinces and the private sector on board, has proposed amendments to Sugar Factory Control Act for the benefit of sugarcane growers and millers.
Published 07 Jul, 2006 12:00am
Australian sugar smut contained as quarantine grows

Australian sugar smut contained as quarantine grows

The number of smut-hit cane farms under quarantine in Australia's eastern sugar-producing areas has grown to 31, but all are still concentrated in one area, a spokeswoman for the Canegrowers organisation said on Thursday.
Published 07 Jul, 2006 12:00am
Amendment to Sugar Factory Control Act proposed

Amendment to Sugar Factory Control Act proposed

The Ministry of Food, Agriculture and Livestock (Minfal), taking the provinces and the private sector on board, has proposed amendments to Sugar Factory Control Act for the benefit of sugarcane growers and millers.
Published 07 Jul, 2006 12:00am
Manila rejects more corn imports at low tariff

Manila rejects more corn imports at low tariff

The Philippines has rejected the appeal of local feedmills for an additional 120,000 tonnes of corn imports at lower tariffs as supply is likely to ease with the start of the harvest this month, officials said on Thursday.
Published 07 Jul, 2006 12:00am
Amendment to Sugar Factory Control Act proposed

Amendment to Sugar Factory Control Act proposed

The Ministry of Food, Agriculture and Livestock (Minfal), taking the provinces and the private sector on board, has proposed amendments to Sugar Factory Control Act for the benefit of sugarcane growers and millers.
Published 07 Jul, 2006 12:00am
Thai rice prices up

Thai rice prices up

Thai rice prices rose on Thursday as export-quality supplies remained tight despite the sale of rice from government stockpiles this week, traders said. Thai 100 percent fragrant rice was quoted at $508 per tonne, free on board, up from last week's $499 a
Published 07 Jul, 2006 12:00am
New income tax return forms for companies

New income tax return forms for companies

The resident companies have to submit particulars of their directors in the proposed income tax return forms to be notified by the Central Board of Revenue (CBR). The Board has drafted new income tax return forms pertaining to 'total income' for the compa
Published 07 Jul, 2006 12:00am
Oil dips under $75 after record, awaits US data

Oil dips under $75 after record, awaits US data

Oil eased back under $75 a barrel on Thursday, a day after marking a record high amid fears over Iran's nuclear programme and expectations of a drop in US gasoline stockpiles as the summer season gets into gear.
Published 07 Jul, 2006 12:00am
New income tax return forms for companies

New income tax return forms for companies

The resident companies have to submit particulars of their directors in the proposed income tax return forms to be notified by the Central Board of Revenue (CBR). The Board has drafted new income tax return forms pertaining to 'total income' for the compa
Published 07 Jul, 2006 12:00am
Indian sugar, wheat and soyoil futures edge up

Indian sugar, wheat and soyoil futures edge up

Indian sugar and wheat futures gained marginally on Thursday on buying by speculators who took advantage of low prices after falls in the past two days. Soyoil futures also rose slightly. The July sugar contract at the National Commodity and Derivatives E
Published 07 Jul, 2006 12:00am
New income tax return forms for companies

New income tax return forms for companies

The resident companies have to submit particulars of their directors in the proposed income tax return forms to be notified by the Central Board of Revenue (CBR). The Board has drafted new income tax return forms pertaining to ''total income'' for the com
Published 07 Jul, 2006 12:00am
Gold trapped in range, shrugs off North Korea

Gold trapped in range, shrugs off North Korea

Gold was stuck in a range on Thursday as reports that North Korea may fire more missiles failed to attract much safe-haven buying, and dealers said the metal was likely to turn to currencies for direction.
Published 07 Jul, 2006 12:00am
New income tax return forms for companies

New income tax return forms for companies

The resident companies have to submit particulars of their directors in the proposed income tax return forms to be notified by the Central Board of Revenue (CBR). The Board has drafted new income tax return forms pertaining to ''''total income'''' for the
Published 07 Jul, 2006 12:00am
Tokyo gold off five-week high before US jobs data

Tokyo gold off five-week high before US jobs data

Tokyo gold futures drifted down from fresh five-week highs on Thursday as traders lightened positions following recent steep rises in prices ahead of US employment data due the next day.
Published 07 Jul, 2006 12:00am
Pakistan's foreign exchange reserves rise to $13.111 billion

Pakistan's foreign exchange reserves rise to $13.111 billion

Foreign exchange reserves rose by $90 million to $13.111 billion in the week ending July 01, 2006 the State Bank of Pakistan (SBP) said on Friday. Reserves held by the SBP rose to $10.760 billion from $10.673 billion a week earlier, however those held by
Published 07 Jul, 2006 12:00am
Gold prices rally in New York

Gold prices rally in New York

COMEX gold for August closed up $13.70 at $629.70 an ounce on Wednesday after dealing between a high of $631.90 and low of $619.50. The previous peak was $638 on June 6. Copper prices also rose on falling inventories and a firmer technical picture, market
Published 07 Jul, 2006 12:00am
Pakistan's foreign exchange reserves rise to $13.111 billion

Pakistan's foreign exchange reserves rise to $13.111 billion

Foreign exchange reserves rose by $90 million to $13.111 billion in the week ending July 01, 2006 the State Bank of Pakistan (SBP) said on Friday. Reserves held by the SBP rose to $10.760 billion from $10.673 billion a week earlier, however those held by
Published 07 Jul, 2006 12:00am
LME aluminium firms in Asian trade

LME aluminium firms in Asian trade

End-users bought aluminium in Asian trade on Thursday, helping the metal firm after sharp overnight losses, while other metals were range-bound.
Published 07 Jul, 2006 12:00am
Pakistan''s foreign exchange reserves rise to $13.111 billion

Pakistan''s foreign exchange reserves rise to $13.111 billion

Foreign exchange reserves rose by $90 million to $13.111 billion in the week ending July 01, 2006 the State Bank of Pakistan (SBP) said on Friday. Reserves held by the SBP rose to $10.760 billion from $10.673 billion a week earlier, however those held by
Published 07 Jul, 2006 12:00am
Ukraine beat in good condition but lower weight

Ukraine beat in good condition but lower weight

About 80 percent of Ukraine's 2006 sugar beet crop is in good or satisfactory condition, but average root weight is lower than in 2005, the Ukrtsukor sugar association was quoted as saying on Thursday.
Published 07 Jul, 2006 12:00am
Cocoa and coffee up

Cocoa and coffee up

Cocoa rallied to a 16-month peak, fueled by follow-through fund buying amid lingering market worries about supply tightness in Europe and positive technical signals.
Published 07 Jul, 2006 12:00am
Softening tendency in cotton market

Softening tendency in cotton market

After holding on to higher level of prices over the past several weeks, cotton prices declined definitely this week and lost anywhere from Rs 75 to Rs 100 per maund (37.32 kgs). Lacklustre condition in the yarn market, reported decline in fabric prices, p
Published 07 Jul, 2006 12:00am
Softening tendency in cotton market

Softening tendency in cotton market

After holding on to higher level of prices over the past several weeks, cotton prices declined definitely this week and lost anywhere from Rs 75 to Rs 100 per maund (37.32 kgs). Lacklustre condition in the yarn market, reported decline in fabric prices, p
Published 07 Jul, 2006 12:00am
Task force to streamline transmission of remittances

Task force to streamline transmission of remittances

Prime Minister Shaukat Aziz has decided to set up a task force for streamlining transmission of remittances by expatriates from countries where Pakistani banks or foreign exchange companies do not operate.
Published 07 Jul, 2006 12:00am
Gram prices move both ways on grain market

Gram prices move both ways on grain market

Grams prices went up sharply in the grain market on Thursday as supply was tight amid increased demand, dealers said. On the grams side, gram Garda Punjab gained Rs 25 to Rs 2875-2950.
Published 07 Jul, 2006 12:00am
Task force to streamline transmission of remittances

Task force to streamline transmission of remittances

Prime Minister Shaukat Aziz has decided to set up a task force for streamlining transmission of remittances by expatriates from countries where Pakistani banks or foreign exchange companies do not operate.
Published 07 Jul, 2006 12:00am
Jute goods higher on Jodia Bazar

Jute goods higher on Jodia Bazar

The trading in jute goods finished higher on Jodia Bazar on Thursday. The following variations were noted.
Published 07 Jul, 2006 12:00am
Task force to streamline transmission of remittances

Task force to streamline transmission of remittances

Prime Minister Shaukat Aziz has decided to set up a task force for streamlining transmission of remittances by expatriates from countries where Pakistani banks or foreign exchange companies do not operate.
Published 07 Jul, 2006 12:00am
US Midwest stays dry stressing corn, soyabean crops

US Midwest stays dry stressing corn, soyabean crops

Dryness in the western US Midwest crop region will continue to stress corn and soyabean crops, a private forecaster said on Thursday. "If the forecast behaves as expected, there are no significant concerns for heat," Meteorlogix Weather Service forecaster
Published 07 Jul, 2006 12:00am
Urea prices increased by Rs 15 per bag

Urea prices increased by Rs 15 per bag

Fertiliser producers have increased urea prices for growers by Rs15, taking its rates from Rs510 to Rs525 per bag. The increase has been made in two phases. The first upward revision of Rs10 per urea bag was made on June 30, as producers were ready to pas
Published 07 Jul, 2006 12:00am
Rains dampen activity on cotton market

Rains dampen activity on cotton market

Leading buyers were on the sidelines on the cotton market due to downpour in the city and upcountry centres, dealers said. The official spot was unchanged at Rs 2600, without upcountry expenses.
Published 07 Jul, 2006 12:00am
Urea prices increased by Rs 15 per bag

Urea prices increased by Rs 15 per bag

Fertiliser producers have increased urea prices for growers by Rs15, taking its rates from Rs510 to Rs525 per bag. The increase has been made in two phases. The first upward revision of Rs10 per urea bag was made on June 30, as producers were ready to pas
Published 07 Jul, 2006 12:00am
Oil cake market rates

Oil cake market rates

The July and August contracts were unchanged while the other December vaida was higher on the forward cottonseed oilcake market on Thursday, dealers said.
Published 07 Jul, 2006 12:00am
Urea prices increased by Rs 15 per bag

Urea prices increased by Rs 15 per bag

Fertiliser producers have increased urea prices for growers by Rs15, taking its rates from Rs510 to Rs525 per bag. The increase has been made in two phases. The first upward revision of Rs10 per urea bag was made on June 30, as producers were ready to pas
Published 07 Jul, 2006 12:00am
Russian miner starts large Far East zinc project

Russian miner starts large Far East zinc project

Russia's East Siberian Metals Corp began construction of a new mine on Thursday at the world's sixth-largest zinc and lead deposit, with a view to supplying raw materials to China and Japan.
Published 07 Jul, 2006 12:00am
Profit selling clips gain on KSE

Profit selling clips gain on KSE

The share market on Thursday received showers of profit taking from punters, resulting in trimming of equities especially in the banking, cement and some of the oil companies where turnover improved by a small margin.
Published 07 Jul, 2006 12:00am
HRW wheat mostly flat

HRW wheat mostly flat

US hard red winter wheat spot basis bids were mostly flat Thursday, with business slow as the harvest winds down, grain dealers said. Combining was wrapping up in Kansas and progressing through Nebraska and South Dakota. Dealers said while there was some
Published 07 Jul, 2006 12:00am
Profit selling clips gain on KSE

Profit selling clips gain on KSE

The share market on Thursday received showers of profit taking from punters, resulting in trimming of equities especially in the banking, cement and some of the oil companies where turnover improved by a small margin.
Published 07 Jul, 2006 12:00am
China's Yunnan Aluminium output to rise

China's Yunnan Aluminium output to rise

Yunnan Aluminium Co Ltd, China's third largest aluminium smelter by output, will raise metal production by 18 percent this year following a capacity expansion, a company official said on Thursday. "We plan to produce 380,000 tonnes of primary aluminium in
Published 07 Jul, 2006 12:00am
Profit selling clips gain on KSE

Profit selling clips gain on KSE

The share market on Thursday received showers of profit taking from punters, resulting in trimming of equities especially in the banking, cement and some of the oil companies where turnover improved by a small margin.
Published 07 Jul, 2006 12:00am
Brazilian green coffee exports seen higher

Brazilian green coffee exports seen higher

Brazilian green and soluble coffee exports are expected to rise 10 percent to around 27 million 60-kg bags in 2006/07 (July/June) from 24.5 million bags last season, an export leader projected.
Published 07 Jul, 2006 12:00am
BRIndex30 drops 0.15 points

BRIndex30 drops 0.15 points

On Thursday, the BRIndex30 opened with a positive gap of 171 points, but before closing at 10,372.11 it went down to the negative zone and closed with a change of -0.15. The intra-day high and low were 10,542.69 and 10,370.95 respectively.
Published 07 Jul, 2006 12:00am
Tanzania sees coffee, sugar output up in 2006-07

Tanzania sees coffee, sugar output up in 2006-07

Tanzania expects its coffee output to rise by 65 percent to 55,000 tonnes in the 2006/07 crop year from 33,334 tonnes the previous year, boosted by better crop husbandry, the government said.
Published 07 Jul, 2006 12:00am
BRIndex30 drops 0.15 points

BRIndex30 drops 0.15 points

On Thursday, the BRIndex30 opened with a positive gap of 171 points, but before closing at 10,372.11 it went down to the negative zone and closed with a change of -0.15. The intra-day high and low were 10,542.69 and 10,370.95 respectively.
Published 07 Jul, 2006 12:00am
Indonesia's Antam sees nickel output falling

Indonesia's Antam sees nickel output falling

Indonesia's state-owned Antam expects its nickel production to fall to between 13,000-16,000 tonnes this year because of a temporary shutdown at its third smelter, the company said on Thursday.
Published 07 Jul, 2006 12:00am
Customs appraisers groups to be abolished

Customs appraisers groups to be abolished

The government has decided to end the monopoly of customs appraisers at Karachi by abolishing existing groups, which deal with specific items for assessment of duties/taxes and clearance of imported consignments.
Published 07 Jul, 2006 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 96,361 tonnes of cargo including 82,281 tonnes import, 14,080 tonnes export cargo and 6,391 containers during last 24 hours ending at 0700 hours on Thursday.
Published 07 Jul, 2006 12:00am
Customs appraisers groups to be abolished

Customs appraisers groups to be abolished

The government has decided to end the monopoly of customs appraisers at Karachi by abolishing existing groups, which deal with specific items for assessment of duties/taxes and clearance of imported consignments.
Published 07 Jul, 2006 12:00am
Singapore bunker fuel prices higher

Singapore bunker fuel prices higher

Singapore bunker prices were higher on Thursday with their premium to fuel oil cargoes steady at abbove $2 a tonne, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $338-340 a tonne, up from Wednesday's Asian close, with the differ
Published 07 Jul, 2006 12:00am
Customs appraisers groups to be abolished

Customs appraisers groups to be abolished

The government has decided to end the monopoly of customs appraisers at Karachi by abolishing existing groups, which deal with specific items for assessment of duties/taxes and clearance of imported consignments.
Published 07 Jul, 2006 12:00am
Ghana cocoa buyers see mid crop up

Ghana cocoa buyers see mid crop up

Licensed cocoa buyers in Ghana expect the 2006 mid crop to total 60,000 to 80,000 tonnes, up from around 50,000 last year, they said on Thursday.
Published 07 Jul, 2006 12:00am
Mixed trend on LSE

Mixed trend on LSE

Share prices turned mixed on Lahore Stock Exchange (LSE) on Thursday while late session pressure pushed the market in minus column, however, buying interest in cements averted major falls and it eventually ended with a marginal loss.
Published 07 Jul, 2006 12:00am
Mixed trend on LSE

Mixed trend on LSE

Share prices turned mixed on Lahore Stock Exchange (LSE) on Thursday while late session pressure pushed the market in minus column, however, buying interest in cements averted major falls and it eventually ended with a marginal loss.
Published 07 Jul, 2006 12:00am
ISE index down 6.54 points

ISE index down 6.54 points

Bears returned in the front seat on the Islamabad Stock Exchange (ISE) where selling-pressure intensified in hot favourite amid decrease in index. ISE Ten index showed a decrease of 6.54 points, as the ten index moved from 2,572.53 to 2,565.99 points.
Published 07 Jul, 2006 12:00am
Benazir for judicial probe into Achakzai's murder

Benazir for judicial probe into Achakzai's murder

Pakistan Peoples Party on Thursday expressed shock and grief over the brutal murder of Abdul Samad Achakzai of the Pakhtoonkhwa Milli Awami Party in Quetta and asked for early arrest of the culprits. PPP Chairperson Benazir Bhutto, in a statement, called
Published 07 Jul, 2006 12:00am
PPPP lambastes gas price hike

PPPP lambastes gas price hike

The Pakistan Peoples' Party Parliamentarians (PPPP) on Thursday castigated the government for increase in gas tariff and termed it anti-people. PPP central information secretary Sherry Rehman in a statement lambasted the government's move to increase gas
Published 07 Jul, 2006 12:00am
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