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Jan 31, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-08-19
GST levy halves computer hardware import

GST levy halves computer hardware import

The placement of orders for the import of computer hardware components has declined over 50 percent, as the issue of 15 percent GST on the import still stands unresolved. Pakistan is one of the largest importers of PC/server and hardware components in the
Published 19 Aug, 2006 12:00am
SPORTS WORLD: Pakistan's failure at Headingley

SPORTS WORLD: Pakistan's failure at Headingley

Pakistan's embarrassing defeat at Headingley in the third Test by 167 runs was essentially due to its own inadequacies of bowling, poor fielding and pathetic batting on the fifth day of the match.
Published 19 Aug, 2006 12:00am
Dull activity on KSE

Dull activity on KSE

Another dull session was witnessed on the Karachi Stock Exchange during the last day of the week as the ready market volume shrank to 104 million shares against 189 million in the previous session. The KSE-100 index remained ranged bound throughout the da
Published 19 Aug, 2006 12:00am
Dull activity on KSE

Dull activity on KSE

Another dull session was witnessed on the Karachi Stock Exchange during the last day of the week as the ready market volume shrank to 104 million shares against 189 million in the previous session. The KSE-100 index remained ranged bound throughout the da
Published 19 Aug, 2006 12:00am
BRIDGE NOTES: Shakeel and Nawaid win Karachi Gymkhana Bridge

BRIDGE NOTES: Shakeel and Nawaid win Karachi Gymkhana Bridge

An young, energetic and enthusiastic Shakeel Chandna has been elected President of Karachi Bridge Association for the year 2006-2007. He was elected unopposed along with the Vice President Nawaid Anjum and Secretary Irfan Saadat and the members of managin
Published 19 Aug, 2006 12:00am
Dull activity on KSE

Dull activity on KSE

Another dull session was witnessed on the Karachi Stock Exchange during the last day of the week as the ready market volume shrank to 104 million shares against 189 million in the previous session. The KSE-100 index remained ranged bound throughout the da
Published 19 Aug, 2006 12:00am
BRIndex30 up 27.83 points

BRIndex30 up 27.83 points

On Friday, BRIndex30 opened at 11,140.10 with a gap of 5.03 points. The index remained positive almost throughout the trading time with short lived falls in the early hour of the market and a slight fall in the late hour of the first half.
Published 19 Aug, 2006 12:00am
BRIndex30 up 27.83 points

BRIndex30 up 27.83 points

On Friday, BRIndex30 opened at 11,140.10 with a gap of 5.03 points. The index remained positive almost throughout the trading time with short lived falls in the early hour of the market and a slight fall in the late hour of the first half.
Published 19 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 19 Aug, 2006 12:00am
Indus in high flood at Sukkur

Indus in high flood at Sukkur

River Indus at Sukkur was in high flood and water level was falling while at Guddu it was in medium flood and water level was falling; similarly, at Kotri Barrage water was in low flood but water level was rising.
Published 19 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 19 Aug, 2006 12:00am
Indus in high flood at Sukkur

Indus in high flood at Sukkur

River Indus at Sukkur was in high flood and water level was falling while at Guddu it was in medium flood and water level was falling; similarly, at Kotri Barrage water was in low flood but water level was rising.
Published 19 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 Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
Indus in high flood at Sukkur

Indus in high flood at Sukkur

River Indus at Sukkur was in high flood and water level was falling while at Guddu it was in medium flood and water level was falling; similarly, at Kotri Barrage water was in low flood but water level was rising.
Published 19 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 Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
IMF mission starts tax system review from Monday

IMF mission starts tax system review from Monday

The Central Board of Revenue (CBR) will brief the International Monetary Fund (IMF) about the latest developments on the sales tax and income tax audit systems, strategy to meet revenue target in 2006-2007 and implementation of the tax administration refo
Published 19 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 Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
IMF mission starts tax system review from Monday

IMF mission starts tax system review from Monday

The Central Board of Revenue (CBR) will brief the International Monetary Fund (IMF) about the latest developments on the sales tax and income tax audit systems, strategy to meet revenue target in 2006-2007 and implementation of the tax administration refo
Published 19 Aug, 2006 12:00am
IMF mission starts tax system review from Monday

IMF mission starts tax system review from Monday

The Central Board of Revenue (CBR) will brief the International Monetary Fund (IMF) about the latest developments on the sales tax and income tax audit systems, strategy to meet revenue target in 2006-2007 and implementation of the tax administration refo
Published 19 Aug, 2006 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed on Lahore Stock Exchange (LSE) where equities showed marginal improvement in their values amid dull trading mainly on account of lacking investors' interest. The LSE-25 index fractionally improved by 0.09 points to 4,622.47 agai
Published 19 Aug, 2006 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed on Lahore Stock Exchange (LSE) where equities showed marginal improvement in their values amid dull trading mainly on account of lacking investors' interest. The LSE-25 index fractionally improved by 0.09 points to 4,622.47 agai
Published 19 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 Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
ISE index up 5.52 points

ISE index up 5.52 points

Bullish trend was observed on the Islamabad Stock Exchange (ISE) where major players and margin hunters adopted cautious approach to avoid heavy losses amid increase in index. ISE ten index was plus by 5.52 points, as the ten index moved from 2,785.64 to
Published 19 Aug, 2006 12:00am
ISE index up 5.52 points

ISE index up 5.52 points

Bullish trend was observed on the Islamabad Stock Exchange (ISE) where major players and margin hunters adopted cautious approach to avoid heavy losses amid increase in index. ISE ten index was plus by 5.52 points, as the ten index moved from 2,785.64 to
Published 19 Aug, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 18, 2006).
Published 19 Aug, 2006 12:00am
Hospitals could close under NHS reforms

Hospitals could close under NHS reforms

Hospitals across England may have to close or cut services under plans to reduce the growing NHS deficit, the government said on Friday. The Department of Health said NHS bosses must look at alternatives to treating patients in hospital after the service
Published 19 Aug, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
EU to approve German broadband plans

EU to approve German broadband plans

The European Commission will on Monday approve German plans to open domestic broadband networks including a high-speed system planned by Deutsche Telekom to new competition, an EU official said. "Monday is the decisive day when this whole battle will come
Published 19 Aug, 2006 12:00am
Air China stages weakest Shanghai debut

Air China stages weakest Shanghai debut

Air China Ltd, one of Shanghai's most high-profile listings this year, was also the worst-performing as high fuel prices and a weak overall market plagued its first day of trade on Friday.
Published 19 Aug, 2006 12:00am
Air China stages weakest Shanghai debut

Air China stages weakest Shanghai debut

Air China Ltd, one of Shanghai's most high-profile listings this year, was also the worst-performing as high fuel prices and a weak overall market plagued its first day of trade on Friday.
Published 19 Aug, 2006 12:00am
EU clears Boeing's buy of parts supplier Aviall

EU clears Boeing's buy of parts supplier Aviall

Boeing Co won permission on Friday from Europe's top antitrust regulator to buy aerospace parts supplier Aviall Inc for $1.7 billion. The deal will help the US planemaker to expand its services operations in the wake of a boom in new aircraft orders - it
Published 19 Aug, 2006 12:00am
Ford to cut third and fourth quarter production

Ford to cut third and fourth quarter production

Ford Motor Co on Friday said it would cut fourth-quarter production by 21 percent and also reduce third-quarter production to accelerate its turnaround plan. The automaker said it would cut North American production in the fourth quarter by 168,000 units
Published 19 Aug, 2006 12:00am
Ford to cut third and fourth quarter production

Ford to cut third and fourth quarter production

Ford Motor Co on Friday said it would cut fourth-quarter production by 21 percent and also reduce third-quarter production to accelerate its turnaround plan. The automaker said it would cut North American production in the fourth quarter by 168,000 units
Published 19 Aug, 2006 12:00am
Boeing may end C-17 production in 2009

Boeing may end C-17 production in 2009

Boeing Co said on Friday it will end production of its C-17 military cargo plane in mid-2009 if it does not receive any further orders from the US armed forces. In a widely expected announcement, Boeing said it told suppliers to stop work on any planes fo
Published 19 Aug, 2006 12:00am
Nigeria to shut main airport in oil delta

Nigeria to shut main airport in oil delta

Nigeria will shut its main international airport in the oil producing Niger Delta at Port Harcourt for at least four months' repairs later on Friday, the aviation agency said. The Nigerian Civil Aviation Authority said the emergency shutdown was required
Published 19 Aug, 2006 12:00am
Al Meezan announces cash dividend for AMMF and MBF

Al Meezan announces cash dividend for AMMF and MBF

The board of directors of Al Meezan Mutual Fund Limited (AMMF) and Al Meezan Investments, and investment advisor of Meezan Balanced Fund (MBF) in meetings has approved the financial results for the year ended June 30, 2006 and announced 30 percent cash di
Published 19 Aug, 2006 12:00am
Al Meezan announces cash dividend for AMMF and MBF

Al Meezan announces cash dividend for AMMF and MBF

The board of directors of Al Meezan Mutual Fund Limited (AMMF) and Al Meezan Investments, and investment advisor of Meezan Balanced Fund (MBF) in meetings has approved the financial results for the year ended June 30, 2006 and announced 30 percent cash di
Published 19 Aug, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
Shaukat reaffirms commitment to Palestinian cause

Shaukat reaffirms commitment to Palestinian cause

Prime Minister Shaukat Aziz on Friday said Pakistan will continue to support the Palestinian cause and the establishment of an independent Palestinian state with Al Quds as its capital.
Published 19 Aug, 2006 12:00am
Participation in peacekeeping to be considered: Kasuri

Participation in peacekeeping to be considered: Kasuri

Pakistan will mull a possible participation in a UN force in south Lebanon but will only send troops if they would be "welcomed" by all parties to the conflict, Foreign Minister Khurshid M Kasuri said on Friday.
Published 19 Aug, 2006 12:00am
High Commissioner to Sri Lanka appointed

High Commissioner to Sri Lanka appointed

Sri Lanka on Friday announced the appointment of a new envoy to replace outgoing Pakistan High Commissioner (ambassador) Bashir Wali Mohmand who narrowly escaped assassination in a bomb attack here.
Published 19 Aug, 2006 12:00am
High Commissioner to Sri Lanka appointed

High Commissioner to Sri Lanka appointed

Sri Lanka on Friday announced the appointment of a new envoy to replace outgoing Pakistan High Commissioner (ambassador) Bashir Wali Mohmand who narrowly escaped assassination in a bomb attack here.
Published 19 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
Local investment crucial for auto industry's growth

Local investment crucial for auto industry's growth

The government has estimated the auto industry needs to invest Rs 60 billion for capacity expansion in the next five years to meet growing demand, Business Recorder learnt on Friday.
Published 19 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
Local investment crucial for auto industry's growth

Local investment crucial for auto industry's growth

The government has estimated the auto industry needs to invest Rs 60 billion for capacity expansion in the next five years to meet growing demand, Business Recorder learnt on Friday.
Published 19 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
Local investment crucial for auto industry''s growth

Local investment crucial for auto industry''s growth

The government has estimated the auto industry needs to invest Rs 60 billion for capacity expansion in the next five years to meet growing demand, Business Recorder learnt on Friday.
Published 19 Aug, 2006 12:00am
China hopes to start transit trade with Pakistan in 2007

China hopes to start transit trade with Pakistan in 2007

China hopes to start transit trade with Pakistan and two Central Asian States next year. Official sources told APP in Beijing here on Friday that a general framework agreement has already arrived at between China, Pakistan, Kyrgizstan and Kazakhstan.
Published 19 Aug, 2006 12:00am
Wapda gets funds for acquiring land for Basha Dam

Wapda gets funds for acquiring land for Basha Dam

The total land required for the construction of Diamer-Basha Dam has been identified and now acquisition of land was being made for which sufficient funds have been provided by the federal government to Water and Power Development Authority (Wapda).
Published 19 Aug, 2006 12:00am
Wapda gets funds for acquiring land for Basha Dam

Wapda gets funds for acquiring land for Basha Dam

The total land required for the construction of Diamer-Basha Dam has been identified and now acquisition of land was being made for which sufficient funds have been provided by the federal government to Water and Power Development Authority (Wapda).
Published 19 Aug, 2006 12:00am
Wapda gets funds for acquiring land for Basha Dam

Wapda gets funds for acquiring land for Basha Dam

The total land required for the construction of Diamer-Basha Dam has been identified and now acquisition of land was being made for which sufficient funds have been provided by the federal government to Water and Power Development Authority (Wapda).
Published 19 Aug, 2006 12:00am
US issues added indictment versus Conrad Black

US issues added indictment versus Conrad Black

A grand jury has handed up additional charges against toppled media baron Conrad Black and three associates, alleging their fraud caused Hollinger International Inc to file false income tax returns.
Published 19 Aug, 2006 12:00am
GST levy halves computer hardware import

GST levy halves computer hardware import

The placement of orders for the import of computer hardware components has declined over 50 percent, as the issue of 15 percent GST on the import still stands unresolved. Pakistan is one of the largest importers of PC/server and hardware components in the
Published 19 Aug, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Aug, 2006 12:00am
GST levy halves computer hardware import

GST levy halves computer hardware import

The placement of orders for the import of computer hardware components has declined over 50 percent, as the issue of 15 percent GST on the import still stands unresolved. Pakistan is one of the largest importers of PC/server and hardware components in the
Published 19 Aug, 2006 12:00am
Clifton residents brave rainwater stagnation

Clifton residents brave rainwater stagnation

Residents of Al-Habib Apartments and Mehran Heights apartment behind the petrol pump on main Clifton Road just before the Clifton underpass have been sending urgent calls to the concerned authorities and also newspapers and news agencies for drawing atten
Published 19 Aug, 2006 12:00am
'Government committed to improve state of mothers, new-borns'

'Government committed to improve state of mothers, new-borns'

Federal Secretary of Health, Anwar Mahmood, speaking as chief guest at the concluding session of a seminar on "Research-to-Policy Interface for Child Health and Nutrition in Pakistan", stated that "the government is keen to cooperate in sustaining the dia
Published 19 Aug, 2006 12:00am
Makran highway to be handed over to Motorway police soon

Makran highway to be handed over to Motorway police soon

Minister for Communication, Muhammad Shamim Siddiqui said on Friday that 550 kilometres long Makran coastal highway will be handed over to Motorway Police during the current month. Speaking in a PTV programme he said the decision had been made to improve
Published 19 Aug, 2006 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

General Pervez Musharraf, the president of the Islamic Republic of Pakistan and also the head of the country's armed forces, has been a powerful 'leader' as long as he enjoyed being one of the most needed allies of the United States.
Published 19 Aug, 2006 12:00am
The Weather

The Weather

The weather report on Friday (August 18, 2006) and the forecast for Saturday (August 19, 2006).
Published 19 Aug, 2006 12:00am
Pakistan has better human rights record: adviser

Pakistan has better human rights record: adviser

Adviser to Punjab government on Law and Human Rights Rana Ejaz Ahmed said Pakistan is better than many other countries in its human rights record. Talking to a 17-member delegation of lawyers at his office, here on Friday, he said the government policies
Published 19 Aug, 2006 12:00am
New York cotton

New York cotton

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

Published 19 Aug, 2006 12:00am
Carpeting of road portion in final stage

Carpeting of road portion in final stage

Carpeting and improvement of road from Lahore Expo Centre to Johar Town and widening of Sultan Ahmed Road would be carried out with a total cost of Rs 34.653 million; these projects would be completed during the current fiscal year.
Published 19 Aug, 2006 12:00am
New York cotton

New York cotton

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

Published 19 Aug, 2006 12:00am
Kamal inaugurates 'Red Top Cabs'

Kamal inaugurates 'Red Top Cabs'

City Nazim Syed Mustafa Kamal has inaugurated 'Red Top Cabs', the urban city transportation project, launched by Messrs Optimus Limited (MOL), said a press release issued here on Friday.
Published 19 Aug, 2006 12:00am
City government pays Rs 4.464 million for I.I Chundrigar shuttle service

City government pays Rs 4.464 million for I.I Chundrigar shuttle service

City government has so far paid around Rs 4.464 million in futile for providing shuttle service on I I Chundrigar Road to the employees of banks and financial institutions located on the same road, since February 15, 2006, a city government officials told
Published 19 Aug, 2006 12:00am
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