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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-08-03
NWFP chief secretary for implementation of Kohistan uplift package

NWFP chief secretary for implementation of Kohistan uplift package

The Chief Secretary NWFP Mr Ejaz Ahmad Qureshi on Wednesday convened a meeting to review progress on Kohistan Development Package and to discuss ways and means to further expedite the pace of work on various schemes launched under the package.
Published 03 Aug, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 02, 2006).

Published 03 Aug, 2006 12:00am
Strategy discussed to utilise Rs 3 billion Social Relief Fund

Strategy discussed to utilise Rs 3 billion Social Relief Fund

Sindh Chief Secretary Fazlur Rehman on Wednesday stressed the need for result-oriented utilisation of Rs 3 billion Sindh Social Relief Fund (SSRF) to eliminate poverty from the province. He was presiding over a meeting of secretaries and other officials o
Published 03 Aug, 2006 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 03 Aug, 2006 12:00am
CAA staff gets one-month salary as bonus

CAA staff gets one-month salary as bonus

For the first time the entire staff and officers of the Civil Aviation Authority (CAA) have been given one-month salary as bonus. The amount was handed over along with the salary of August. This unexpected move on the part of CAA management has been appre
Published 03 Aug, 2006 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 03 Aug, 2006 12:00am
Energy-efficient Intel microprocessors unveiled

Energy-efficient Intel microprocessors unveiled

Intel Corporation unveiled 10 Intel Core 2 Duo and Intel Core 2 extreme processors for consumer and business desktop, laptop PCs and workstations reshaping how computers perform, look and consume power and most importantly transform how people use them.
Published 03 Aug, 2006 12:00am
The Weather

The Weather

The weather report on Wednesday (August 02, 2006) and the forecast for Thursday (August 03, 2006).
Published 03 Aug, 2006 12:00am
Around 1,078 plazas, markets build illegally in Lahore

Around 1,078 plazas, markets build illegally in Lahore

Around 1,078 plazas and markets have been constructed in various parts of the provincial metropolis without getting approval of the site plan and payment of the commercialisation fee by the owners.
Published 03 Aug, 2006 12:00am
Millennium Dome may be built in place of Metropole

Millennium Dome may be built in place of Metropole

Sindh Chief Secretary Fazal Rehman has summoned a meeting discuss a proposal to declare the Metropole Hotel area as an open space, on the pattern of 'Millennium Dome', with a beautiful fountain, park and seating arrangements where visitors can enjoy in th
Published 03 Aug, 2006 12:00am
One held, arms recovered

One held, arms recovered

Rawalpindi police on Wednesday arrested one person and recovered arms and explosives from his possession. A police patrolling party of the New Town Police Station was on its routine duty when they stopped a person named Waqar Ahmed, of Quetta, at Dhok Naj
Published 03 Aug, 2006 12:00am
Heroin worth Rs 40 million recovered

Heroin worth Rs 40 million recovered

The Drug Enforcement Cell of the Pakistan Customs Preventive Collectorate on Wednesday arrested a Pakistani national at the Jinnah Terminal while leaving for Uganda and recovered four kilograms heroin worth Rs 40 million from his possession.
Published 03 Aug, 2006 12:00am
Maximum facilities to Fata tribesmen assured

Maximum facilities to Fata tribesmen assured

NWFP Governor Lieutenant General Ali Muhammad Jan Aurakzai (Retd) has reiterated the Federal government's firm commitment to strengthen and enhance the service delivery system in the Federally-Administered Tribal Areas (Fata) by providing maximum faciliti
Published 03 Aug, 2006 12:00am
Sick units may get power on subsidised rates

Sick units may get power on subsidised rates

The NWFP government is likely to supply electricity to the sick industrial units of the province on subsidised rates, although the feasibility study of Sarhad Development Authority (SDA) on Malakand industrial estate declared the project infeasible, relia
Published 03 Aug, 2006 12:00am
ADB to provide $0.9 million for power project

ADB to provide $0.9 million for power project

The Asian Development Bank (ADB) was likely to provide $0.9 million project preparatory technical assistance (PPTA) for 'Power Distribution Enhancement Project' (PDEP) to ensure a sufficient and stable power supply in the country.
Published 03 Aug, 2006 12:00am
Aptma for extending refinance facility to spinning sector

Aptma for extending refinance facility to spinning sector

All Pakistan Textile Manufacturers Association (Aptma), NWFP chapter, Chairman Afan Aziz has welcomed the recently announced reduction in refinance rates given to the value-added sector of the textile industry and urged the government and State Bank of Pa
Published 03 Aug, 2006 12:00am
National Assembly meeting on August 4

National Assembly meeting on August 4

The National Assembly would meet here on August 4 (Friday) at 10:00 am in the Parliament House building. Opposition has warned to move no-trust motion against Prime Minister Shaukat Aziz during the stormy session of the National Assembly.
Published 03 Aug, 2006 12:00am
Railway traffic to be restored by August 4: Rashid

Railway traffic to be restored by August 4: Rashid

The railway traffic from Karachi to up-country will be restored in the next three days after construction of an alternative railway track by August 4 along side the Ran Pathani Railway Bridge which was destroyed on Sunday in torrential rains.
Published 03 Aug, 2006 12:00am
PPM to celebrate Musharraf's birthday

PPM to celebrate Musharraf's birthday

Pakistan Peoples Movement (PPM) has made arrangements to celebrate 63rd birthday of President General Pervez Musharraf at Lahore, Rawalpindi and Mandi Bahauddin. This was announced by PPM Chairman Muhammad Ashfaq Chaudhry while addressing a press conferen
Published 03 Aug, 2006 12:00am
Princess of Jordan donates girls schools in AJK

Princess of Jordan donates girls schools in AJK

Princess Sarwar EI Hassan of Jordan on Wednesday announced to donate schools for girls in Azad Jammu and Kashmir (AJK). In this regard, a memorandum of understanding (MoU) signing ceremony was held in Erra Headquarters, PM Secretariat on Wednesday.
Published 03 Aug, 2006 12:00am
PFUJ-Apnec meeting from August 4

PFUJ-Apnec meeting from August 4

The three-day joint meeting of Federal Executive Council (FEC) of Pakistan Federal Union of Journalists (PFUJ), and National Executive Committee (NEC) of All Pakistan Newspapers Employees Confederation (Apnec) will be held in Peshawar from August 4 to 6,
Published 03 Aug, 2006 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, August 03, 2006.

Published 03 Aug, 2006 12:00am
'FDPT employee to be sent for Haj every year'

'FDPT employee to be sent for Haj every year'

The Board of Trustee, Faisalabad Dry Port Trust (FDPT), has decided to send an employee of the Dry Port for Haj every year. The Trust will bear the expenses of air-ticket and the boarding & lodging of the employee in Saudi Arabia.
Published 03 Aug, 2006 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, August 03, 2006.

Published 03 Aug, 2006 12:00am
New Zealand firm to install biogas plant

New Zealand firm to install biogas plant

A New Zealand-based company is going to install a biogas plant in collaboration with the City District Government Karachi (CDGK) which would cost around 135 million dollar at Landhi Cattle Colony.
Published 03 Aug, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (August 02, 2006) and for Thursday (August 03, 2006).
Published 03 Aug, 2006 12:00am
Persistent power shortage: Industrialists threaten to close down units

Persistent power shortage: Industrialists threaten to close down units

The chairman, Site Association of Industry (SAI), Ameen Bandukda, has warned the Karachi Electric Supply Corporation (KESC) that if the power supply to Site area is not restored immediately the industrialists will close down their units, lay off the worke
Published 03 Aug, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (August 02, 2006).

Published 03 Aug, 2006 12:00am
Mobile Number Portability system to be operational soon

Mobile Number Portability system to be operational soon

The Mobile Number Portability (MNP) system will be operational shortly in the country, as the project is in final stages while a Mobile Number Portability Company (Guarantee) Limited has also been registered with the Securities and Exchange Commission of
Published 03 Aug, 2006 12:00am
Pakistan rejects PTI report on Safta

Pakistan rejects PTI report on Safta

Pakistan on Wednesday rejected as baseless a report by an official of Indian news agency- (Press Trust of India) that Pakistan would oppose extension of South Asian Free Trade Agreement (Safta) benefits to Afghanistan.
Published 03 Aug, 2006 12:00am
Marri tribesmen surrender

Marri tribesmen surrender

A group of 38 Marri tribesmen had laid down their weapons and announced support for the government. According to reports, 38 Marri tribesmen under the leadership of Wadera Juma Khan Marri surrendered to the authorities in Kot Mandai, some 50 km from Sibi.
Published 03 Aug, 2006 12:00am
Transfers and postings

Transfers and postings

The Government of Sindh has ordered transfers & postings of the following officers with immediate effect, a handout issued here on Wednesday said.
Published 03 Aug, 2006 12:00am
Baghwandas takes oath

Baghwandas takes oath

Justice Rana Baghwandas, the senior-most judge of the Supreme Court after the Pakistan Chief Justice, took oath here on Wednesday as acting Chief Justice of Pakistan. Justice Khalil-ur-Rehman Ramday administered the oath at a ceremony held in the Supreme
Published 03 Aug, 2006 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 03 Aug, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 02, 2006).

Published 03 Aug, 2006 12:00am
More rains predicted

More rains predicted

The meteorological department on Wednesday forecast cloudy weather with thunderstorm and rains for next 24 hours.
Published 03 Aug, 2006 12:00am
Indonesian cocoa exports down

Indonesian cocoa exports down

Cocoa bean exports from Indonesia's main growing area on Sulawesi island fell 12.7 percent in the first half of the year from a year ago due to limited carry-over stocks, industry data showed on Wednesday.
Published 03 Aug, 2006 12:00am
Corn futures firmer

Corn futures firmer

Corn futures at the Chicago Board of Trade closed firm on Tuesday on a technical bounce and on hot weather in the Midwest that was threatening to hamper ear-filling of this year's corn crop, traders said. "We came into the market oversold and there are st
Published 03 Aug, 2006 12:00am
CBOT wheat futures down

CBOT wheat futures down

Wheat futures at the Chicago Board of Trade closed lower on Tuesday on profit-taking after Monday's fund-driven advances and on spillover selling from a sharp drop in Minneapolis spring wheat, traders said. CBOT wheat closed 3 to 6 cents per bushel lower,
Published 03 Aug, 2006 12:00am
HRW wheat bids steady

HRW wheat bids steady

US hard red winter wheat spot basis bids held steady Wednesday, with the market reported lacklustre. Some hedge movement was noted but farmer selling was slow and mill demand light, merchants said. Protein premiums for railcar wheat to and through Kansas
Published 03 Aug, 2006 12:00am
Israeli generals stunned over Hizb firepower

Israeli generals stunned over Hizb firepower

Israeli attacks continue as the 22 days passed since the Israeli aggression started against Hizbullah fighters in Lebanon. In response to the Israeli attacks Hizbullah fighters retaliated with firing rockets deep into the Israeli territory on Wednesday.
Published 03 Aug, 2006 12:00am
Brazil July soya exports jump

Brazil July soya exports jump

Brazilian soyabean exports rose 61 percent to 4.38 million tonnes in July from 2.72 million tonnes a year ago, the trade ministry's foreign trade secretariat said on Tuesday.
Published 03 Aug, 2006 12:00am
Israeli generals stunned over Hizb firepower

Israeli generals stunned over Hizb firepower

Israeli attacks continue as the 22 days passed since the Israeli aggression started against Hizbullah fighters in Lebanon. In response to the Israeli attacks Hizbullah fighters retaliated with firing rockets deep into the Israeli territory on Wednesday.
Published 03 Aug, 2006 12:00am
Russian wheat exporters bet on rising prices

Russian wheat exporters bet on rising prices

Russian grain exporters are buying new-crop wheat at above recent export prices, betting on a continued upward trend in overseas shipments as hot weather threatens crops throughout Europe, traders said on Wednesday.
Published 03 Aug, 2006 12:00am
Saarc fails to resolve Indo-Pak tariff row

Saarc fails to resolve Indo-Pak tariff row

India accused Pakistan of jeopardising a fledgling South Asian free trade deal by failing to fully implement key tariff cuts as a regional ministerial meeting wound up in Dhaka on Wednesday.
Published 03 Aug, 2006 12:00am
Singapore bunker prices up

Singapore bunker prices up

Singapore bunker prices rose on Wednesday but its differential to fuel oil cargo values stayed at deep discounts below the $2-a-tonne mark, traders said.
Published 03 Aug, 2006 12:00am
Hinopak launches CNG bus

Hinopak launches CNG bus

In order to growing environment concerns Hinopak Motors Ltd has launched CNG buses manufactured in Pakistan. The CNG buses not only lessen pollution but would also improve the economic environment of the country by saving a huge amount of foreign exchange
Published 03 Aug, 2006 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 39,145 tonnes of cargo including 28,536 tonnes import, 10,609 tonnes export cargo and 2,155 containers during last 24 hours ending at 0700 hours on Wednesday.
Published 03 Aug, 2006 12:00am
Treasury bills auction shows banks, SBP on divergent tracks

Treasury bills auction shows banks, SBP on divergent tracks

In the first auction of Treasury Bills held by the State Bank of Pakistan on Wednesday after tightening the monetary policy, the yields on short-term paper moved up by 25 to 33 basis prints--the biggest rise in more than half a year.
Published 03 Aug, 2006 12:00am
US Midwest corn and soyabean bids steady to firm

US Midwest corn and soyabean bids steady to firm

Spot basis bids for corn and soyabeans were mostly steady to firmer around the US Midwest on Wednesday as dealers tried to entice farmers to sell grain. But sales, which have been slow for most of the week, remained light, dealers said.
Published 03 Aug, 2006 12:00am
Treasury bills auction shows banks, SBP on divergent tracks

Treasury bills auction shows banks, SBP on divergent tracks

In the first auction of Treasury Bills held by the State Bank of Pakistan on Wednesday after tightening the monetary policy, the yields on short-term paper moved up by 25 to 33 basis prints--the biggest rise in more than half a year.
Published 03 Aug, 2006 12:00am
Treasury bills auction shows banks, SBP on divergent tracks

Treasury bills auction shows banks, SBP on divergent tracks

In the first auction of Treasury Bills held by the State Bank of Pakistan on Wednesday after tightening the monetary policy, the yields on short-term paper moved up by 25 to 33 basis prints--the biggest rise in more than half a year.
Published 03 Aug, 2006 12:00am
Treasury bills auction shows banks, SBP on divergent tracks

Treasury bills auction shows banks, SBP on divergent tracks

In the first auction of Treasury Bills held by the State Bank of Pakistan on Wednesday after tightening the monetary policy, the yields on short-term paper moved up by 25 to 33 basis prints--the biggest rise in more than half a year.
Published 03 Aug, 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 03 Aug, 2006 12:00am
Larger outflows marginally depress SCRAs on July 31

Larger outflows marginally depress SCRAs on July 31

The Special Convertible Rupee Accounts (SCRAs), which amounted to $14.8 million during the first 12 days of FY07 and jumped to $19.4 million on July 18, suffered the first major setback of the month and the year on July 21 with balances dipping to less th
Published 03 Aug, 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 03 Aug, 2006 12:00am
KSE index manages 51-point gain

KSE index manages 51-point gain

The KSE-100 index managed to close in the green for the third consecutive day on Wednesday, although bulls had been dominating the market from the beginning and the index had gradually strengthened gaining 153 points with intra-day high of 10659.38 points
Published 03 Aug, 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 Wednesday (August 02, 2006).

Published 03 Aug, 2006 12:00am
KSE index manages 51-point gain

KSE index manages 51-point gain

The KSE-100 index managed to close in the green for the third consecutive day on Wednesday, although bulls had been dominating the market from the beginning and the index had gradually strengthened gaining 153 points with intra-day high of 10659.38 points
Published 03 Aug, 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 Wednesday (August 02, 2006).

Published 03 Aug, 2006 12:00am
KSE index manages 51-point gain

KSE index manages 51-point gain

The KSE-100 index managed to close in the green for the third consecutive day on Wednesday, although bulls had been dominating the market from the beginning and the index had gradually strengthened gaining 153 points with intra-day high of 10659.38 points
Published 03 Aug, 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 Wednesday (August 02, 2006).

Published 03 Aug, 2006 12:00am
BRIndex30 gains 55.11 points

BRIndex30 gains 55.11 points

The BRIndex30 on Wednesday opened in the green zone and remained there for the whole day, closing at 11,155.10 with a change of 55.11 points or 0.50 percent. It saw the intra-day high of 11,284.17 and low of 11,155.10.
Published 03 Aug, 2006 12:00am
BRIndex30 gains 55.11 points

BRIndex30 gains 55.11 points

The BRIndex30 on Wednesday opened in the green zone and remained there for the whole day, closing at 11,155.10 with a change of 55.11 points or 0.50 percent. It saw the intra-day high of 11,284.17 and low of 11,155.10.
Published 03 Aug, 2006 12:00am
LSE closes in positive zone

LSE closes in positive zone

Anticipation of encouraging corporate results helped equities on the Lahore Stock Exchange (LSE) to close in the positive zone on Wednesday, despite the prevalence of unfavourable circumstances on the economic and political fronts.
Published 03 Aug, 2006 12:00am
LSE closes in positive zone

LSE closes in positive zone

Anticipation of encouraging corporate results helped equities on the Lahore Stock Exchange (LSE) to close in the positive zone on Wednesday, despite the prevalence of unfavourable circumstances on the economic and political fronts.
Published 03 Aug, 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 Wednesday (August 02, 2006).

Published 03 Aug, 2006 12:00am
Bulls dominate ISE proceedings

Bulls dominate ISE proceedings

Equities depicted healthy signs at the Islamabad Stock Exchange (ISE) on Wednesday where bulls dominated the proceedings amid rise in index. ISE-10 index was up by 15.30 points as the index moved from 2,816.21 to 2,831.51 points.
Published 03 Aug, 2006 12:00am
Bulls dominate ISE proceedings

Bulls dominate ISE proceedings

Equities depicted healthy signs at the Islamabad Stock Exchange (ISE) on Wednesday where bulls dominated the proceedings amid rise in index. ISE-10 index was up by 15.30 points as the index moved from 2,816.21 to 2,831.51 points.
Published 03 Aug, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (August 02, 2006).
Published 03 Aug, 2006 12:00am
Dell rises to second spot in Japan PC market in second quarter

Dell rises to second spot in Japan PC market in second quarter

Dell Inc elbowed out Fujitsu Ltd in April-June to become the second-largest PC supplier in Japan, research firm IDC said on Wednesday. Dell is already the world's largest personal computer vendor, but Tokyo-based NEC Corp and Fujitsu have been the largest
Published 03 Aug, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (August 02, 2006).

Published 03 Aug, 2006 12:00am
PSPC importing machinery against rules

PSPC importing machinery against rules

The Pakistan Security Printing Corporation (PSPC) has started importing banknote printing machinery despite objections raised by the Advisor to Prime Minister on Finance and Public Procurement Regulatory Authority (PPRA) on procurement of machinery on sin
Published 03 Aug, 2006 12:00am
PSPC importing machinery against rules

PSPC importing machinery against rules

The Pakistan Security Printing Corporation (PSPC) has started importing banknote printing machinery despite objections raised by the Advisor to Prime Minister on Finance and Public Procurement Regulatory Authority (PPRA) on procurement of machinery on sin
Published 03 Aug, 2006 12:00am
PSPC importing machinery against rules

PSPC importing machinery against rules

The Pakistan Security Printing Corporation (PSPC) has started importing banknote printing machinery despite objections raised by the Advisor to Prime Minister on Finance and Public Procurement Regulatory Authority (PPRA) on procurement of machinery on sin
Published 03 Aug, 2006 12:00am
Six criminals held with arms, drugs

Six criminals held with arms, drugs

Six wanted criminals have been arrested by different town police stations and police have also recovered arms, hashish and stolen property. Bahadurabad police has arrested Riaz with TT pistol from Ameer Khusru Road where the accused was looting the people
Published 03 Aug, 2006 12:00am
Over 300 hosiery units stop production: PHMA

Over 300 hosiery units stop production: PHMA

Over 300 hosiery knitting units have stopped production due to ever increasing inputs cost in the country, Pakistan Hosiery Manufactures Association (PHMA) Chairman Jawaid Bilwani told newsmen.
Published 03 Aug, 2006 12:00am
Over 300 hosiery units stop production: PHMA

Over 300 hosiery units stop production: PHMA

Over 300 hosiery knitting units have stopped production due to ever increasing inputs cost in the country, Pakistan Hosiery Manufactures Association (PHMA) Chairman Jawaid Bilwani told newsmen.
Published 03 Aug, 2006 12:00am
Over 300 hosiery units stop production: PHMA

Over 300 hosiery units stop production: PHMA

Over 300 hosiery knitting units have stopped production due to ever increasing inputs cost in the country, Pakistan Hosiery Manufactures Association (PHMA) Chairman Jawaid Bilwani told newsmen.
Published 03 Aug, 2006 12:00am
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