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Print - 2006-08-04
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 03, 2006).

Published 04 Aug, 2006 12:00am
Ufone to sponsor ITCN Asia

Ufone to sponsor ITCN Asia

The leader in the telecom industry of Pakistan, Ufone, is all set to sponsor the sixth ITCN Asia - 2006, to be held at Karachi Expo Centre from August 9 to 11.
Published 04 Aug, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 03, 2006).

Published 04 Aug, 2006 12:00am
Light rain forecast for Karachi

Light rain forecast for Karachi

The meteorological department on Thursday forecast the cloudy weather with chances of light rains during next 24 hours in the metropolis. According to the met office official, due to the absence of thick masses of water in the sky only light showers in sh
Published 04 Aug, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 03, 2006).

Published 04 Aug, 2006 12:00am
Mustafa inspects Schon Circle

Mustafa inspects Schon Circle

The City Nazim Syed Mustafa Kamal has formed a committee to ascertain the reasons behind the rainwater accumulation at Schon Circle, Teen Talwar, Bath Island and adjacent areas.
Published 04 Aug, 2006 12:00am
Karachi-upcountry rail link to be restored today

Karachi-upcountry rail link to be restored today

Federal Railways Minister Shaikh Rashid Ahmed on Thursday said rail link between Karachi and rest of the country will be restored tomorrow (Friday) after construction of an alternate bridge at Ran Pathani, some 78-kilometres away from Karachi.
Published 04 Aug, 2006 12:00am
Seminar on telecommunication technology held

Seminar on telecommunication technology held

The Institute of Information Technology, Mehran University of Engineering and Technology, Jamshoro organised Seminar on Fast Emerging Telecommunication Technology, Optical Cross Connects-Device for Next Generation Optical Networks.
Published 04 Aug, 2006 12:00am
THE RUPEE: minor changes against dollar

THE RUPEE: minor changes against dollar

Slight changes were seen in the interbank market on Thursday as the rupee fluctuated in a narrow band versus the dollar for buying and selling at 60.30 and 60.32, dealers said. They said that dollars' supply was comfortable which helped the rupee to hold
Published 04 Aug, 2006 12:00am
KICT to examine goods in KCCI representatives presence

KICT to examine goods in KCCI representatives presence

The Karachi International Container Terminal (KICT) Authority has agreed to conduct examination of imported goods in the presence of representatives of Karachi Chamber of Commerce and Industry (KCCI), Sultan Mahmood Chairman, Import and Anti Smuggling Sub
Published 04 Aug, 2006 12:00am
THE RUPEE: minor changes against dollar

THE RUPEE: minor changes against dollar

Slight changes were seen in the interbank market on Thursday as the rupee fluctuated in a narrow band versus the dollar for buying and selling at 60.30 and 60.32, dealers said. They said that dollars' supply was comfortable which helped the rupee to hold
Published 04 Aug, 2006 12:00am
IDEAS-2006 to be held in November

IDEAS-2006 to be held in November

The export armaments have increased to 200 million dollar in 2005 as compared to 20 million dollar in the year 2001. This was said by Major General Syed Absar Hussain, Director General, Defence Export Promotion Organisation (DEPO) while speaking at the pr
Published 04 Aug, 2006 12:00am
US disputes report on new Khushab nuclear reactor

US disputes report on new Khushab nuclear reactor

The United States officials have rejected a claim by a private arms-control group that a new reactor, being built in Khushab, is unusually large and could make fuel for up to 50 nuclear warheads a year, according to The New York Times report on Thursday.
Published 04 Aug, 2006 12:00am
Rauf reviews law and order situation

Rauf reviews law and order situation

The law and order situation arising from rainfalls in Sindh were reviewed in details at a high level meeting held under the chairmanship of Home Minister Rauf Siddiqi here on Thursday. The meeting was attended by IIG Sindh Jehangir Mirza, CCPO Niaz Ahmed
Published 04 Aug, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (August 03, 2006).

Published 04 Aug, 2006 12:00am
Arbab for effective steps to resolve rain-related issues

Arbab for effective steps to resolve rain-related issues

Sindh Chief Minister Dr Arbab Ghulam Rahim on Thursday called for taking such far reaching steps in Karachi and other cities of the Province whereby the problems taking place during and after rains could be effectively overcome.
Published 04 Aug, 2006 12:00am
Nurse deprived of jewellery and cash

Nurse deprived of jewellery and cash

Some unknown outlaws kidnapped a nurse of Armed Forces Institute of Cardiology (AFIC) and deprived her of jewellery, cash, mobile phone. Khalida Parveen, the victim of broad day light robbery told Cantt Police that she was waiting for taxi outside the Mil
Published 04 Aug, 2006 12:00am
Deaf cricket team leaves for UK on August 5

Deaf cricket team leaves for UK on August 5

A 22-member Pakistan deaf cricket team is leaving for England on Saturday (August 5) to take part in a two test and three ODI series against England, and the tour has been sponsored by Bank Alfalah Limited.
Published 04 Aug, 2006 12:00am
Women volleyball tourney next month

Women volleyball tourney next month

National Women Volleyball Championship will be held under the auspices of Pakistan Volleyball Federation from September 14 at Islamabad. The teams from four provinces, Islamabad, Azad Kashmir, Higher Education Commission and Pakistan Education Boards will
Published 04 Aug, 2006 12:00am
Tree plantation campaign

Tree plantation campaign

Provincial Minister for Industries, Commerce and Investment, Muhammad Ajmal Cheema has said that tree plantation campaign would be started in all industrial estates of Punjab where over 500,000 trees to be planted during current tree plantation campaign.
Published 04 Aug, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (August 03, 2006).

Published 04 Aug, 2006 12:00am
Mines safety equipment made available

Mines safety equipment made available

A warehouse of the latest mines safety equipment has been set up from where mine owners are provided these equipment on no-profit-no-loss basis. Punjab Mines and Minerals Minister Muhammad Sibtain Khan stated this while presiding over a meeting of Chief I
Published 04 Aug, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Aug, 2006 12:00am
Musharraf government most corrupt in South Asia: PML-N

Musharraf government most corrupt in South Asia: PML-N

The government of General Pervez Musharraf ranks as the most corrupt in South Asia when its corruption scandals are compared to those in Bangladesh, India, Sri Lanka and Nepal over a seven year period, the PML-N said on Thursday.
Published 04 Aug, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Aug, 2006 12:00am
Drug addicts documentation

Drug addicts documentation

With a view to proposing a way forward for documentation of drug addicts and their rehabilitation, the Chief Secretary has constituted a 4-member committee comprising Secretary Health as its chairman and Secretary Excise & Taxation, Secretary Social Welfa
Published 04 Aug, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 04 Aug, 2006 12:00am
Call for ensuring integrity of eco-systems in Shandur valley

Call for ensuring integrity of eco-systems in Shandur valley

Research scholar from the Oxford University UK, David Johnson, while highlighting the impacts of human activity in the alpine areas, has stressed the need for ensuring the integrity of the eco-systems in the Shandur valley of Pakistan.
Published 04 Aug, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (August 03, 2006).

Published 04 Aug, 2006 12:00am
1800 Imams, Khateebs get training under SMP

1800 Imams, Khateebs get training under SMP

Provincial Minister for Population Welfare, Naseem Lodhi has said that 1800 Imam/Khateebs have been imparted training regarding benefits of small family and keeping the family according to resources under Social Mobilisation Programme (SMP).
Published 04 Aug, 2006 12:00am
Mepco asked to refund Rs 2.6 million to Rajanpur TMA

Mepco asked to refund Rs 2.6 million to Rajanpur TMA

Reconciliation Cell of Punjab Power Department has directed the Multan Electricity Power Company (Mepco) to refund Rs 2.6 million to TMA Rajanpur for sending an illegal detection bill to 26 TMA's buildings while declaring defective meters.
Published 04 Aug, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 Aug, 2006 12:00am
KESC assures SAI of power supply restoration

KESC assures SAI of power supply restoration

The management of Karachi Electric Supply Corporation (KESC) has assured members of Site Association of Industry (SAI) that out of 35 tripped power supply feeders in Site industrial area 15 will be restored by midnight and rest would be restored by Friday
Published 04 Aug, 2006 12:00am
Major cable faults rectified: KESC

Major cable faults rectified: KESC

The Karachi Electric Supply Corporation (KESC), has claimed that it had rectified major cable faults that occurred following heavy downpour during the week. According to the corporation's spokesman, the power utility has successfully troubleshot 98 percen
Published 04 Aug, 2006 12:00am
Refund analysis system to be launched soon

Refund analysis system to be launched soon

The indigenously devised Risk-based Refund Analysis System would soon be launched for speedy payment of sales tax refunds to the exporters. Sources said on Thursday that the CBR Chairman M. Abdullah Yusuf highly appreciated the accuracy of the RRAS and e-
Published 04 Aug, 2006 12:00am
Refund analysis system to be launched soon

Refund analysis system to be launched soon

The indigenously devised Risk-based Refund Analysis System would soon be launched for speedy payment of sales tax refunds to the exporters. Sources said on Thursday that the CBR Chairman M. Abdullah Yusuf highly appreciated the accuracy of the RRAS and e-
Published 04 Aug, 2006 12:00am
Refund analysis system to be launched soon

Refund analysis system to be launched soon

The indigenously devised Risk-based Refund Analysis System would soon be launched for speedy payment of sales tax refunds to the exporters. Sources said on Thursday that the CBR Chairman M. Abdullah Yusuf highly appreciated the accuracy of the RRAS and e-
Published 04 Aug, 2006 12:00am
SCRAs down to $6.3 million

SCRAs down to $6.3 million

The Special Convertible Rupee Accounts (SCRAs), a financial instrument reflecting non-residents perception about investing in Pakistani securities, plummeted once again to $6.3 million on August 01, 2006.
Published 04 Aug, 2006 12:00am
SCRAs down to $6.3 million

SCRAs down to $6.3 million

The Special Convertible Rupee Accounts (SCRAs), a financial instrument reflecting non-residents perception about investing in Pakistani securities, plummeted once again to $6.3 million on August 01, 2006.
Published 04 Aug, 2006 12:00am
SCRAs down to $6.3 million

SCRAs down to $6.3 million

The Special Convertible Rupee Accounts (SCRAs), a financial instrument reflecting non-residents perception about investing in Pakistani securities, plummeted once again to $6.3 million on August 01, 2006.
Published 04 Aug, 2006 12:00am
IPI gas pipeline: body to resolve pricing issue

IPI gas pipeline: body to resolve pricing issue

Officials of India, Iran and Pakistan appointed an expert committee on Thursday to resolve their disagreement over the price of Iranian gas to be sold to the South Asian nations through a multi-billion dollar pipeline.
Published 04 Aug, 2006 12:00am
IPI gas pipeline: body to resolve pricing issue

IPI gas pipeline: body to resolve pricing issue

Officials of India, Iran and Pakistan appointed an expert committee on Thursday to resolve their disagreement over the price of Iranian gas to be sold to the South Asian nations through a multi-billion dollar pipeline.
Published 04 Aug, 2006 12:00am
IPI gas pipeline: body to resolve pricing issue

IPI gas pipeline: body to resolve pricing issue

Officials of India, Iran and Pakistan appointed an expert committee on Thursday to resolve their disagreement over the price of Iranian gas to be sold to the South Asian nations through a multi-billion dollar pipeline.
Published 04 Aug, 2006 12:00am
OGDC GDRs, IPO by September 30: minister

OGDC GDRs, IPO by September 30: minister

Privatisation Minister Zahid Hamid on Thursday said 10 to 15 percent shares of Oil and Gas Development Company (OGDC) will be offered for global depository receipts (GDRs) and initial public offering (IPO) by September 30.
Published 04 Aug, 2006 12:00am
OGDC GDRs, IPO by September 30: minister

OGDC GDRs, IPO by September 30: minister

Privatisation Minister Zahid Hamid on Thursday said 10 to 15 percent shares of Oil and Gas Development Company (OGDC) will be offered for global depository receipts (GDRs) and initial public offering (IPO) by September 30.
Published 04 Aug, 2006 12:00am
OGDC GDRs, IPO by September 30: minister

OGDC GDRs, IPO by September 30: minister

Privatisation Minister Zahid Hamid on Thursday said 10 to 15 percent shares of Oil and Gas Development Company (OGDC) will be offered for global depository receipts (GDRs) and initial public offering (IPO) by September 30.
Published 04 Aug, 2006 12:00am
OGDC GDRs, IPO by September 30: minister

OGDC GDRs, IPO by September 30: minister

Privatisation Minister Zahid Hamid on Thursday said 10 to 15 percent shares of Oil and Gas Development Company (OGDC) will be offered for global depository receipts (GDRs) and initial public offering (IPO) by September 30.
Published 04 Aug, 2006 12:00am
10 areas identified to boost economy

10 areas identified to boost economy

The Planning Commission has identified 10 major areas to cut down wastage through prudent use of natural resources and give a further boost to the economy. These were agriculture, water resources, industry, quality education, transportation, infrastructur
Published 04 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (August 03, 2006).

Published 04 Aug, 2006 12:00am
10 areas identified to boost economy

10 areas identified to boost economy

The Planning Commission has identified 10 major areas to cut down wastage through prudent use of natural resources and give a further boost to the economy. These were agriculture, water resources, industry, quality education, transportation, infrastructur
Published 04 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (August 03, 2006).

Published 04 Aug, 2006 12:00am
10 areas identified to boost economy

10 areas identified to boost economy

The Planning Commission has identified 10 major areas to cut down wastage through prudent use of natural resources and give a further boost to the economy. These were agriculture, water resources, industry, quality education, transportation, infrastructur
Published 04 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (August 03, 2006).

Published 04 Aug, 2006 12:00am
Prime Bank to open three Islamic banking windows

Prime Bank to open three Islamic banking windows

Prime Commercial Bank Limited (PCBL) has planned to open three more Islamic banking windows in Islamabad, Faisalabad and Quetta in next month to tap the potential of Islamic banking products.
Published 04 Aug, 2006 12:00am
Pakistani firms to be listed in UAE by year-end

Pakistani firms to be listed in UAE by year-end

By the end of 2006, 10 Pakistani companies currently listed on Karachi Stock Exchange will be listed in the United Arab Emirates. Hanif Jakhura, chief executive of Pakistan''s Central Depository Company, central securities depository, will be in Abu Dhabi
Published 04 Aug, 2006 12:00am
Pakistani firms to be listed in UAE by year-end

Pakistani firms to be listed in UAE by year-end

By the end of 2006, 10 Pakistani companies currently listed on Karachi Stock Exchange will be listed in the United Arab Emirates. Hanif Jakhura, chief executive of Pakistan's Central Depository Company, central securities depository, will be in Abu Dhabi
Published 04 Aug, 2006 12:00am
Pakistani firms to be listed in UAE by year-end

Pakistani firms to be listed in UAE by year-end

By the end of 2006, 10 Pakistani companies currently listed on Karachi Stock Exchange will be listed in the United Arab Emirates. Hanif Jakhura, chief executive of Pakistan's Central Depository Company, central securities depository, will be in Abu Dhabi
Published 04 Aug, 2006 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Thursday (August 03, 2006).

Published 04 Aug, 2006 12:00am
UNDP and Norway sign $4 million addendum for DTCE project

UNDP and Norway sign $4 million addendum for DTCE project

The United Nations Development Programme (UNDP) and Royal Norwegian Embassy on Thursday signed a 4 million dollars addendum to their existing cost sharing agreement for the Devolution Trust for Community Empowerment (DTCE) project to empower and engage co
Published 04 Aug, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (August 03, 2006).

Published 04 Aug, 2006 12:00am
Five buses handed over to Afghanistan

Five buses handed over to Afghanistan

Pakistan on Thursday handed over five buses to Afghanistan to be used for country's educational institutions, a foreign ministry statement said. Minster of State for Foreign Affairs Makhdum Khusro Bakhtyar presented the keys to the Ambassador of Afghanist
Published 04 Aug, 2006 12:00am
MoU signed with US to enhance FC capacity

MoU signed with US to enhance FC capacity

The Government of Pakistan, via the Ministry of Interior and the Frontier Constabulary, signed a memorandum of understanding with the US embassy here on Thursday worth 2.7 million dollar in security and communications equipment, as well as increased capac
Published 04 Aug, 2006 12:00am
'Changes in Hudood Ordinance victory for Pakistani women'

'Changes in Hudood Ordinance victory for Pakistani women'

The Washington Times newspaper in its editorial on Thursday described the proposed changes in Hudood Ordinance as an act of personal courage by President Pervez Musharraf and a victory for Pakistani women.
Published 04 Aug, 2006 12:00am
Israel responsible for 'massacre' of civilians: Kasuri

Israel responsible for 'massacre' of civilians: Kasuri

Pakistan on Thursday described the killing of civilians in Israel's offensive in Lebanon as a 'massacre' that could provoke a clash of civilisations. Pakistan Foreign Minister Khurshid Kasuri said Israel's three-week offensive against the Hezbollah militi
Published 04 Aug, 2006 12:00am
Indo-Pak joint independence day plans put off

Indo-Pak joint independence day plans put off

Pak-India Peace Initiatives (PIPI) has announced to postpone joint Indo-Pak Independence Day celebrations scheduled in Pakistan on August 14 on August 15 in India.
Published 04 Aug, 2006 12:00am
Canadian soldier among 32 killed in Afghanistan

Canadian soldier among 32 killed in Afghanistan

A suicide car bomber on Thursday killed 21 civilians in one of Afghanistan's deadliest attacks this year, while a Canadian Nato soldier and 10 Taliban died in other violence.
Published 04 Aug, 2006 12:00am