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Dec 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-07-18
'Balochistan share in PSDP raised to 15 percent'

'Balochistan share in PSDP raised to 15 percent'

The extra ordinary increase in the share of Balochistan in annual development budget allocations would help in bringing the province at par with rest of the country, Balochistan Additional Chief Secretary Qayyum Nazar Changezi said on Monday.
Published 18 Jul, 2006 12:00am
Guard Filters expands capacity

Guard Filters expands capacity

The service oriented management of Guard Filters has bought complete coiling and seaming unit of Delphi Filters from UK based world renowned Lucas CAV to Pakistan. Guard Filters, Pioneer in Pakistan in filtration for fuel injection pump system, has acquir
Published 18 Jul, 2006 12:00am
Telecom policy to ensure win-win situation for all: PTA

Telecom policy to ensure win-win situation for all: PTA

Chairman Pakistan Telecommunication Authority (PTA) Major General Shahzada Alam Malik (Retd) has said that the government was following a liberal policy to ensure a win-win situation for all telecom sector stakeholders.
Published 18 Jul, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (July 17, 2006).

Published 18 Jul, 2006 12:00am
PIDC allocated Rs 60 million for Hanover Messe: EDB

PIDC allocated Rs 60 million for Hanover Messe: EDB

A spokesperson of Engineering Development Board (EDB) in its clarification about a news published in Business Recorder that EDB's BoD refused to approve the Hanover expenses said that Pakistan Industrial Development Corporation (PIDC) had allocated
Published 18 Jul, 2006 12:00am
General Ehsan decorated with highest French award

General Ehsan decorated with highest French award

Chairman Joint Chiefs of Staff General Ehsan-ul-Haq was decorated with France's highest award, "Legion d'Honneur" here at a ceremony held at the residence of French ambassador.
Published 18 Jul, 2006 12:00am
Government urged to fix Rs 500/40 kg wheat support price

Government urged to fix Rs 500/40 kg wheat support price

Farmers associations have demanded of the government to fix wheat support price at Rs 500 per 40 kg for the next crop. They have also urged the government to set separate wheat procurement targets for Passco and provincial food departments. This was state
Published 18 Jul, 2006 12:00am
Germany fears more bloodshed in Middle East: envoy

Germany fears more bloodshed in Middle East: envoy

The Israeli aggression against the Palestinians and Lebanese indicates of further battles and bloodshed in the Middle East. In the current climate of fear, anger and frustration, everyone witnessing a situation in which the gulf between these civilisation
Published 18 Jul, 2006 12:00am
Private sector urged to extend health, education facilities to poor

Private sector urged to extend health, education facilities to poor

The renowned scholar and educationist Professor Qavi Ahmed has appealed the philanthropists and private sector to come forward and participate with government in extending health and education facilities especially to the people of poor class. This he sai
Published 18 Jul, 2006 12:00am
Pakistan sets up ICU at Zia Hospital in Sri Lanka

Pakistan sets up ICU at Zia Hospital in Sri Lanka

The Pakistan government has donated a fully equipped, modern Intensive Care Unit (ICU) to the Zia Hospital, Akurana in Sri Lanka. The ICU was formally inaugurated by the Pakistan High Commissioner in Sri Lanka Bashir Wali Muhammad on July 15, 2006.
Published 18 Jul, 2006 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Monday (July 17, 2006).

Published 18 Jul, 2006 12:00am
Law department notifies appointments

Law department notifies appointments

The Provincial Law Department has notified that Gul Munir Shah, District and Sessions Judge (BS-20) has assumed the charge of the post of Additional Secretary/Draftsman (BS-20), Law Department, Government of Sindh.
Published 18 Jul, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Monday (July 17, 2006).

Published 18 Jul, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Jul, 2006 12:00am
Supreme Court orders prisoners' release

Supreme Court orders prisoners' release

The Supreme Court of Pakistan ordered release of Rehana of Kohat who was in jail in a Hudood case along with her husband and a 10-month son after reverting to Islam, and observed that the petitioner should also be released after the presidential orders.
Published 18 Jul, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Jul, 2006 12:00am
Supreme Court calls reports on deaths caused by gastroenteritis

Supreme Court calls reports on deaths caused by gastroenteritis

The Chief Justice of Pakistan, taking suo motu notice of causalities in Faisalabad due to gastro-enteritis, has called for reports from district Nazim, DCO and MD Wasa Faisalabad within two weeks. The court took this action on a letter written by a social
Published 18 Jul, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 18 Jul, 2006 12:00am
Businessmen hail steps taken in trade policy

Businessmen hail steps taken in trade policy

Business community has welcomed the measures taken in the trade policy for year 2006-7 and have termed the establishment of Trade Development Authority (TDA) a step in right direction, as the Export Promotion Bureau (EPB) has failed to come up to the expe
Published 18 Jul, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (July 17, 2006).

Published 18 Jul, 2006 12:00am
Business community terms trade policy ambitious

Business community terms trade policy ambitious

Business community termed the trade policy 2006-07 announced by Commerce Minister Humayun Akhtar, as a very ambitious policy and 18.7 billion-dollar export target is achievable.
Published 18 Jul, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Jul, 2006 12:00am
General Ehsan Saleem arrives in UK

General Ehsan Saleem arrives in UK

Vice Chief of Army Staff (VCOAS) Lieutenant General Ehsan Saleem Hayat arrived here on Sunday to begin his four-day visit to the United Kingdom on the invitation of his British counterpart Sir Mike Jackson. On arrival, he was received by Pakistan High Com
Published 18 Jul, 2006 12:00am
Tevta completes enrolment for short courses

Tevta completes enrolment for short courses

Technical Education and Vocational Training Authority (Tevta) has completed its first phase of special training programme in which 25,000 students have been enrolled after its launching on July 3, 2006.
Published 18 Jul, 2006 12:00am
Tsunami kills 104 in Indonesia

Tsunami kills 104 in Indonesia

A tsunami triggered by a strong undersea earthquake off the coast of Indonesia's Java island on Monday killed at least 104 people, swept away buildings and damaged hundreds of fishing boats, officials and witnesses said.
Published 18 Jul, 2006 12:00am
Tsunami kills 104 in Indonesia

Tsunami kills 104 in Indonesia

A tsunami triggered by a strong undersea earthquake off the coast of Indonesia's Java island on Monday killed at least 104 people, swept away buildings and damaged hundreds of fishing boats, officials and witnesses said.
Published 18 Jul, 2006 12:00am
MoC asked to relax condition for five years old cars import

MoC asked to relax condition for five years old cars import

The CBR has asked the Ministry of Commerce to give relaxation for import to vehicles of five years old or above under the transfer of residence (TR) scheme in cases where shipments were made on or before June 5, 2006.
Published 18 Jul, 2006 12:00am
MoC asked to relax condition for five years old cars import

MoC asked to relax condition for five years old cars import

The CBR has asked the Ministry of Commerce to give relaxation for import to vehicles of five years old or above under the transfer of residence (TR) scheme in cases where shipments were made on or before June 5, 2006.
Published 18 Jul, 2006 12:00am
MoC asked to relax condition for five years old cars import

MoC asked to relax condition for five years old cars import

The CBR has asked the Ministry of Commerce to give relaxation for import to vehicles of five years old or above under the transfer of residence (TR) scheme in cases where shipments were made on or before June 5, 2006.
Published 18 Jul, 2006 12:00am
$3 billion PAF upgradation plan unveiled

$3 billion PAF upgradation plan unveiled

The Chief of the Air Staff, Air Chief Marshal Tanvir Mehmood Ahmad, has unfolded a three-year $3 billion up-gradation and modernisation programme of the Pakistan Air Force under which it would get 44 more hi-tech F-16s along with their supporting hardware
Published 18 Jul, 2006 12:00am
$3 billion PAF upgradation plan unveiled

$3 billion PAF upgradation plan unveiled

The Chief of the Air Staff, Air Chief Marshal Tanvir Mehmood Ahmad, has unfolded a three-year $3 billion up-gradation and modernisation programme of the Pakistan Air Force under which it would get 44 more hi-tech F-16s along with their supporting hardware
Published 18 Jul, 2006 12:00am
Bush's Middle East anger caught on open microphone

Bush's Middle East anger caught on open microphone

US President George W Bush said here on Monday that he was sending Secretary of State Condoleezza Rice to Middle East "soon", and that militants attacking Israel must "stop doing this shit". He just didn't know that anyone could hear him.
Published 18 Jul, 2006 12:00am
Bush's Middle East anger caught on open microphone

Bush's Middle East anger caught on open microphone

US President George W Bush said here on Monday that he was sending Secretary of State Condoleezza Rice to Middle East "soon", and that militants attacking Israel must "stop doing this shit". He just didn't know that anyone could hear him.
Published 18 Jul, 2006 12:00am
Standard Chartered close to acquiring Union Bank

Standard Chartered close to acquiring Union Bank

Standard Chartered is close to acquiring a majority stake in Union Bank Limited with a preliminary agreement expected to be signed as early as this week, officials said on Monday.
Published 18 Jul, 2006 12:00am
Manila posts June budget surplus, may cut borrowing

Manila posts June budget surplus, may cut borrowing

The Philippine government said on Monday it may cut planned borrowing this year if Congress fails to pass the 2006 budget and as the country's fiscal position improves after a third monthly budget surplus in June.
Published 18 Jul, 2006 12:00am
Hayat, General Aziz and Zulqarnain tipped as AJK president

Hayat, General Aziz and Zulqarnain tipped as AJK president

Azad Jammu and Kashmir (AJK) Prime Minister Sardar Sikander Hayat Khan, former chairman, Joint Chiefs of Staff Committee General Aziz Khan and veteran Muslim Conference (MC) leader Raja Zulqarnain are being tipped to be fielded as a candidate for the slot
Published 18 Jul, 2006 12:00am
Islamabad to host OIC ministerial moot on DPs

Islamabad to host OIC ministerial moot on DPs

Pakistan has offered to host Organisation of the Islamic Conference (OIC) Ministerial Meeting on Refugees in November, UN Refugee agency said on Monday. According to details, the three-day OIC Ministerial Conference on "The Problems of Refugees in the Mus
Published 18 Jul, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (July 17, 2006).

Published 18 Jul, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (July 17, 2006).

Published 18 Jul, 2006 12:00am
SSGC inks agreement for gas purchase

SSGC inks agreement for gas purchase

Sui Southern Gas Company (SSGC) has inked two gas sale and purchase agreement (GSAs), with the Orient Petroleum International Inc (OPII), for the Mirpurkhas and Khipro block Gas fields in Sindh. The GSAs, have preceded the Head of Terms (HOT) agreed earli
Published 18 Jul, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (July 17, 2006).

Published 18 Jul, 2006 12:00am
SSGC inks agreement for gas purchase

SSGC inks agreement for gas purchase

Sui Southern Gas Company (SSGC) has inked two gas sale and purchase agreement (GSAs), with the Orient Petroleum International Inc (OPII), for the Mirpurkhas and Khipro block Gas fields in Sindh. The GSAs, have preceded the Head of Terms (HOT) agreed earli
Published 18 Jul, 2006 12:00am
SSGC inks agreement for gas purchase

SSGC inks agreement for gas purchase

Sui Southern Gas Company (SSGC) has inked two gas sale and purchase agreement (GSAs), with the Orient Petroleum International Inc (OPII), for the Mirpurkhas and Khipro block Gas fields in Sindh. The GSAs, have preceded the Head of Terms (HOT) agreed earli
Published 18 Jul, 2006 12:00am
Experts team says Fokker crash was accidental

Experts team says Fokker crash was accidental

A three-member team of Fokker Friendship Aircraft Company, headed by safety investigator Mike L Webber, with Germany's aircraft accident investigator Holger Lizenper and Airworthiness Fokker expert Arthur Reekers returned to Karachi after completing their
Published 18 Jul, 2006 12:00am
Rebuild quake zone: sponsorship conference on November 19

Rebuild quake zone: sponsorship conference on November 19

Another sponsorship conference for ensuring smooth reconstruction of devastated infrastructure in earthquake-affected areas of Azad Jammu and Kashmir and NWFP would be convened on November 19 aiming to mobilise indigenous organisations.
Published 18 Jul, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 18 Jul, 2006 12:00am
ISE equities close in negative zone

ISE equities close in negative zone

Equities closed in negative territory at the Islamabad Stock Exchange (ISE) where bears snatched the floor from the bulls amid decrease in index. ISE Ten index showed a decrease of 36.97 points, as the index moved from 2,642.58 to 2,605.61 points. The hor
Published 18 Jul, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 18 Jul, 2006 12:00am
ISE equities close in negative zone

ISE equities close in negative zone

Equities closed in negative territory at the Islamabad Stock Exchange (ISE) where bears snatched the floor from the bulls amid decrease in index. ISE Ten index showed a decrease of 36.97 points, as the index moved from 2,642.58 to 2,605.61 points. The hor
Published 18 Jul, 2006 12:00am
LSE index down 61.64 points

LSE index down 61.64 points

Share prices tumbled on Lahore Stock Exchange (LSE) following profit-taking and to some extent worries over law and order situation coupled with statements of Indian government accusing Pakistan of Mumbai train blasts. The LSE-25 index lost 61.64 points o
Published 18 Jul, 2006 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (July 17, 2006).
Published 18 Jul, 2006 12:00am
LSE index down 61.64 points

LSE index down 61.64 points

Share prices tumbled on Lahore Stock Exchange (LSE) following profit-taking and to some extent worries over law and order situation coupled with statements of Indian government accusing Pakistan of Mumbai train blasts. The LSE-25 index lost 61.64 points o
Published 18 Jul, 2006 12:00am
MoC condition for temporary goods export withdrawn

MoC condition for temporary goods export withdrawn

The government has withdrawn the requirement of the Ministry of Commerce (MoC) ''sanction'' for the temporary export of goods for exhibitions, repairs, testing and other business processes. The Trade Policy, 2006-07, reveals simplification of the temporar
Published 18 Jul, 2006 12:00am
MoC condition for temporary goods export withdrawn

MoC condition for temporary goods export withdrawn

The government has withdrawn the requirement of the Ministry of Commerce (MoC) 'sanction' for the temporary export of goods for exhibitions, repairs, testing and other business processes. The Trade Policy, 2006-07, reveals simplification of the temporary
Published 18 Jul, 2006 12:00am
THE RUPEE: mixed trend in currency market

THE RUPEE: mixed trend in currency market

Divergent trend was seen in the local currency market on Monday amid tight supply of dollars, dealers said. The rupee gave up its overnight weakness by gaining three paisa against the dollar, for buying and selling at 60.26 and 60.28 respectively in the i
Published 18 Jul, 2006 12:00am
MoC condition for temporary goods export withdrawn

MoC condition for temporary goods export withdrawn

The government has withdrawn the requirement of the Ministry of Commerce (MoC) 'sanction' for the temporary export of goods for exhibitions, repairs, testing and other business processes. The Trade Policy, 2006-07, reveals simplification of the temporary
Published 18 Jul, 2006 12:00am
THE RUPEE: mixed trend in currency market

THE RUPEE: mixed trend in currency market

Divergent trend was seen in the local currency market on Monday amid tight supply of dollars, dealers said. The rupee gave up its overnight weakness by gaining three paisa against the dollar, for buying and selling at 60.26 and 60.28 respectively in the i
Published 18 Jul, 2006 12:00am
''''Preferential trade talks on with various countries''''

''''Preferential trade talks on with various countries''''

Pakistan has initiated a series of preferential trade negotiations with different countries. Iran will soon offer tariff concessions on 309 items to Pakistan under the Preferential Trade Agreement (PTA) and Pakistan would sign an FTA framework agreement w
Published 18 Jul, 2006 12:00am
''Preferential trade talks on with various countries''

''Preferential trade talks on with various countries''

Pakistan has initiated a series of preferential trade negotiations with different countries. Iran will soon offer tariff concessions on 309 items to Pakistan under the Preferential Trade Agreement (PTA) and Pakistan would sign an FTA framework agreement w
Published 18 Jul, 2006 12:00am
'Preferential trade talks on with various countries'

'Preferential trade talks on with various countries'

Pakistan has initiated a series of preferential trade negotiations with different countries. Iran will soon offer tariff concessions on 309 items to Pakistan under the Preferential Trade Agreement (PTA) and Pakistan would sign an FTA framework agreement w
Published 18 Jul, 2006 12:00am
'Preferential trade talks on with various countries'

'Preferential trade talks on with various countries'

Pakistan has initiated a series of preferential trade negotiations with different countries. Iran will soon offer tariff concessions on 309 items to Pakistan under the Preferential Trade Agreement (PTA) and Pakistan would sign an FTA framework agreement w
Published 18 Jul, 2006 12:00am
25 percent freight subsidy to diversify exports

25 percent freight subsidy to diversify exports

Under the modified freight subsidy scheme, the government has announced that export of all items, except those which will be notified separately, to Africa, Pacific Islands, Eastern European countries, which are not in the jurisdiction of EU and Central A
Published 18 Jul, 2006 12:00am
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