AIRLINK 196.51 Increased By ▲ 4.67 (2.43%)
BOP 10.07 Increased By ▲ 0.20 (2.03%)
CNERGY 7.81 Increased By ▲ 0.14 (1.83%)
FCCL 38.46 Increased By ▲ 0.60 (1.58%)
FFL 15.72 Decreased By ▼ -0.04 (-0.25%)
FLYNG 24.54 Decreased By ▼ -0.77 (-3.04%)
HUBC 130.10 Decreased By ▼ -0.07 (-0.05%)
HUMNL 13.70 Increased By ▲ 0.11 (0.81%)
KEL 4.60 Decreased By ▼ -0.07 (-1.5%)
KOSM 6.20 Decreased By ▼ -0.01 (-0.16%)
MLCF 45.05 Increased By ▲ 0.76 (1.72%)
OGDC 206.65 Decreased By ▼ -0.22 (-0.11%)
PACE 6.60 Increased By ▲ 0.04 (0.61%)
PAEL 39.70 Decreased By ▼ -0.85 (-2.1%)
PIAHCLA 17.15 Decreased By ▼ -0.44 (-2.5%)
PIBTL 7.98 Decreased By ▼ -0.09 (-1.12%)
POWER 9.12 Decreased By ▼ -0.12 (-1.3%)
PPL 179.40 Increased By ▲ 0.84 (0.47%)
PRL 38.51 Decreased By ▼ -0.57 (-1.46%)
PTC 24.20 Increased By ▲ 0.06 (0.25%)
SEARL 109.15 Increased By ▲ 1.30 (1.21%)
SILK 1.01 Increased By ▲ 0.04 (4.12%)
SSGC 37.78 Decreased By ▼ -1.33 (-3.4%)
SYM 18.80 Decreased By ▼ -0.32 (-1.67%)
TELE 8.51 Decreased By ▼ -0.09 (-1.05%)
TPLP 12.12 Decreased By ▼ -0.25 (-2.02%)
TRG 64.69 Decreased By ▼ -1.32 (-2%)
WAVESAPP 12.01 Decreased By ▼ -0.77 (-6.03%)
WTL 1.64 Decreased By ▼ -0.06 (-3.53%)
YOUW 3.87 Decreased By ▼ -0.08 (-2.03%)
BR100 12,000 Increased By 69.2 (0.58%)
BR30 35,548 Decreased By -112 (-0.31%)
KSE100 114,256 Increased By 1049.3 (0.93%)
KSE30 35,870 Increased By 304.3 (0.86%)
Print - 2006-08-22
Fuel price stability must for business success: GCCI

Fuel price stability must for business success: GCCI

The government must endeavour to bring stability in fuel and energy prices for ultimate success of trade and economic policies. This was stated by President Gujranwala Chamber of Commerce and Industry (GCCI) Ikhlaq Ahmad Butt while talking to Business
Published 22 Aug, 2006 12:00am
Indus rising at Kotri Barrage

Indus rising at Kotri Barrage

The Sindh Irrigation and Power Department on Monday said the Indus River was rising at Kotri Barrage and medium flood was expected during next 24 hours. While the river was flowing in low flood at Gudu Barrage and medium flood at Sukkur Barrage, and there
Published 22 Aug, 2006 12:00am
Indus rising at Kotri Barrage

Indus rising at Kotri Barrage

The Sindh Irrigation and Power Department on Monday said the Indus River was rising at Kotri Barrage and medium flood was expected during next 24 hours. While the river was flowing in low flood at Gudu Barrage and medium flood at Sukkur Barrage, and there
Published 22 Aug, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
CBR move to unearth tax evaders

CBR move to unearth tax evaders

A large-scale exercise has been started to identify tax evaders through cross-matching the capital value tax (CVT) data on income tax statements, which contains information about purchase of vehicles and transfer of property with the income tax returns.
Published 22 Aug, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 22 Aug, 2006 12:00am
CBR move to unearth tax evaders

CBR move to unearth tax evaders

A large-scale exercise has been started to identify tax evaders through cross-matching the capital value tax (CVT) data on income tax statements, which contains information about purchase of vehicles and transfer of property with the income tax returns.
Published 22 Aug, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Aug, 2006 12:00am
CBR move to unearth tax evaders

CBR move to unearth tax evaders

A large-scale exercise has been started to identify tax evaders through cross-matching the capital value tax (CVT) data on income tax statements, which contains information about purchase of vehicles and transfer of property with the income tax returns.
Published 22 Aug, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Aug, 2006 12:00am
Auto industry offered tariff incentives

Auto industry offered tariff incentives

The government has offered the automobile industry an eight-year pre-announced tariff policy, including establishment of a fund worth Rs 6 billion for competitiveness, technology acquisition, research and development and two auto clusters in its plan to d
Published 22 Aug, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Auto industry offered tariff incentives

Auto industry offered tariff incentives

The government has offered the automobile industry an eight-year pre-announced tariff policy, including establishment of a fund worth Rs 6 billion for competitiveness, technology acquisition, research and development and two auto clusters in its plan to d
Published 22 Aug, 2006 12:00am
Auto industry offered tariff incentives

Auto industry offered tariff incentives

The government has offered the automobile industry an eight-year pre-announced tariff policy, including establishment of a fund worth Rs 6 billion for competitiveness, technology acquisition, research and development and two auto clusters in its plan to d
Published 22 Aug, 2006 12:00am
NBP profit swells by 83 percent

NBP profit swells by 83 percent

The profit of the National Bank of Pakistan (NBP) recorded a tremendous growth of 83 percent in the six months ended June 30, 2006. The National Bank announced financial results for the first half of 2006.
Published 22 Aug, 2006 12:00am
NBP profit swells by 83 percent

NBP profit swells by 83 percent

The profit of the National Bank of Pakistan (NBP) recorded a tremendous growth of 83 percent in the six months ended June 30, 2006. The National Bank announced financial results for the first half of 2006.
Published 22 Aug, 2006 12:00am
NBP profit swells by 83 percent

NBP profit swells by 83 percent

The profit of the National Bank of Pakistan (NBP) recorded a tremendous growth of 83 percent in the six months ended June 30, 2006. The National Bank announced financial results for the first half of 2006.
Published 22 Aug, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
NBP profit swells by 83 percent

NBP profit swells by 83 percent

The profit of the National Bank of Pakistan (NBP) recorded a tremendous growth of 83 percent in the six months ended June 30, 2006. The National Bank announced financial results for the first half of 2006.
Published 22 Aug, 2006 12:00am
Bearish sentiments prevail on LSE

Bearish sentiments prevail on LSE

Bearish sentiments prevailed on Lahore Stock Exchange (LSE) where equities registered losses on account of selling pressure in oil sector while retail investors remained on the sidelines.
Published 22 Aug, 2006 12:00am
Bearish sentiments prevail on LSE

Bearish sentiments prevail on LSE

Bearish sentiments prevailed on Lahore Stock Exchange (LSE) where equities registered losses on account of selling pressure in oil sector while retail investors remained on the sidelines.
Published 22 Aug, 2006 12:00am
ISE: bears stage comeback

ISE: bears stage comeback

Fresh bearish assault moved the entire-ready board in downward direction at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten index showed a decrease of 29.52 points, as
Published 22 Aug, 2006 12:00am
THE RUPEE: parity versus dollar stay put

THE RUPEE: parity versus dollar stay put

Firm trend was seen in the interbank market on Monday as the rupee-dollar parity rate did not show any big change at 60.35 and 60.37, respectively.
Published 22 Aug, 2006 12:00am
ISE: bears stage comeback

ISE: bears stage comeback

Fresh bearish assault moved the entire-ready board in downward direction at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten index showed a decrease of 29.52 points, as
Published 22 Aug, 2006 12:00am
THE RUPEE: parity versus dollar stay put

THE RUPEE: parity versus dollar stay put

Firm trend was seen in the interbank market on Monday as the rupee-dollar parity rate did not show any big change at 60.35 and 60.37, respectively.
Published 22 Aug, 2006 12:00am
IMF must reform voting rights

IMF must reform voting rights

The International Monetary Fund's effectiveness is being undermined by a failure to reform voting rights to reflect a country's economic weight, Australian treasurer Peter Costello wrote in Monday's Financial Times.
Published 22 Aug, 2006 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Eurizon nears Italy's biggest IPO with unit buyout

Eurizon nears Italy's biggest IPO with unit buyout

Insurance and asset manager Eurizon took a key step towards Italy's biggest stock market listing as it kicked off a 1.24 billion euro ($1.60 billion) buyout of fund management arm Fideuram on Monday.
Published 22 Aug, 2006 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Alaska shutdown cuts non-Opec oil supply forecasts

Alaska shutdown cuts non-Opec oil supply forecasts

Analysts have trimmed their output forecasts for oil producers outside the Opec group this year after BP shut down half of the largest oilfield in the United States, a Reuters survey showed.
Published 22 Aug, 2006 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Two more Islamic banks soon

Two more Islamic banks soon

The State Bank of Pakistan is considering granting of Islamic banking licences to two new applicants. According to Qatar leading daily 'The Peninsula' Director Islamic Banking Department of the State Bank of Pakistan (SBP) Pervez Saeed said a "couple of n
Published 22 Aug, 2006 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Shehnai maestro Bismillah Khan passes away

Shehnai maestro Bismillah Khan passes away

Bismillah Khan, one of India's best-known musicians and a master exponent of the wind instrument Shehnai, died of heart failure at the age of 90 on Monday, doctors and his aide said.
Published 22 Aug, 2006 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Shehnai maestro Bismillah Khan passes away

Shehnai maestro Bismillah Khan passes away

Bismillah Khan, one of India's best-known musicians and a master exponent of the wind instrument Shehnai, died of heart failure at the age of 90 on Monday, doctors and his aide said.
Published 22 Aug, 2006 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Opposition bound to face disappointment: Elahi

Opposition bound to face disappointment: Elahi

Punjab Chief Minister, Chaudhry Pervaiz Elahi has said that after thumping of desks and walkouts from assemblies on phone calls from abroad, the Opposition has now in desperation announced to bring a no confidence motion; however, it will face further dis
Published 22 Aug, 2006 12:00am
Market treasury bills worth Rs 12,000 million sold

Market treasury bills worth Rs 12,000 million sold

The State Bank of Pakistan (SBP) sold a total of Rs 12,000 million of Market Treasury bills on Monday in a five-day and 10-day repo operation to mop up funds from the money market.
Published 22 Aug, 2006 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Market treasury bills worth Rs 12,000 million sold

Market treasury bills worth Rs 12,000 million sold

The State Bank of Pakistan (SBP) sold a total of Rs 12,000 million of Market Treasury bills on Monday in a five-day and 10-day repo operation to mop up funds from the money market.
Published 22 Aug, 2006 12:00am
Market treasury bills worth Rs 12,000 million sold

Market treasury bills worth Rs 12,000 million sold

The State Bank of Pakistan (SBP) sold a total of Rs 12,000 million of Market Treasury bills on Monday in a five-day and 10-day repo operation to mop up funds from the money market.
Published 22 Aug, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Market treasury bills worth Rs 12,000 million sold

Market treasury bills worth Rs 12,000 million sold

The State Bank of Pakistan (SBP) sold a total of Rs 12,000 million of Market Treasury bills on Monday in a five-day and 10-day repo operation to mop up funds from the money market.
Published 22 Aug, 2006 12:00am
Pakistan requires world-class infrastructure: Prime Minister

Pakistan requires world-class infrastructure: Prime Minister

Prime Minister Shaukat Aziz on Monday said with the growing economy and increased trade and investment activities, Pakistan requires a strong and world-class infrastructure in services sector including the hotels.
Published 22 Aug, 2006 12:00am
Pakistan requires world-class infrastructure: Prime Minister

Pakistan requires world-class infrastructure: Prime Minister

Prime Minister Shaukat Aziz on Monday said with the growing economy and increased trade and investment activities, Pakistan requires a strong and world-class infrastructure in services sector including the hotels.
Published 22 Aug, 2006 12:00am
Pakistan requires world-class infrastructure: Prime Minister

Pakistan requires world-class infrastructure: Prime Minister

Prime Minister Shaukat Aziz on Monday said with the growing economy and increased trade and investment activities, Pakistan requires a strong and world-class infrastructure in services sector including the hotels.
Published 22 Aug, 2006 12:00am
Five killed in Spanish train crash

Five killed in Spanish train crash

A train travelling between Spain and France with 426 passengers derailed in the north-west Spanish region of Palencia on Monday, killing five people and injuring 36, officials said. It was too early to say what caused the crash, they said, but saw no init
Published 22 Aug, 2006 12:00am
Setting up of Small Dams Corporation in doldrums

Setting up of Small Dams Corporation in doldrums

The proposed Small Dams Corporation has not been formally set up as differences among the chief minister and the members of the coalition parties represented at the Sindh Cabinet continues to deepen on administrative issues, it was learnt on Monday.
Published 22 Aug, 2006 12:00am
Green channel revival decision hailed

Green channel revival decision hailed

The Pakistani expatriates have specially welcomed the decision of the government to revive the green channel at the airports for international passengers.
Published 22 Aug, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (August 21, 2006) and for Tuesday (August 22, 2006).
Published 22 Aug, 2006 12:00am
LHC seeks assistance of law officer

LHC seeks assistance of law officer

The Lahore High Court (LHC) while directing the law officer to assist the court on the point that no one except naib nazim could call the meeting of the council, has issued notices to the respondents for August 25 in a petition filed by Mian Muhammad Irsh
Published 22 Aug, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (August 21, 2006).

Published 22 Aug, 2006 12:00am
Makran highway to boost trade

Makran highway to boost trade

The fourth phase of Makran coastal highway is under construction, which would increase the trade between Pakistan and Iran. It is being constructed from Gwadar to Gupt which would also be linked to Gewani, PTV reported. It would cost more than Rs 3 billio
Published 22 Aug, 2006 12:00am
Prize distribution

Prize distribution

Haleeb Foods Limited and Tetra Pak jointly conducted the prize distribution ceremony for the winners of their joint promotion campaign titled "Juice Up with Tetra Pak and Haleeb Good Day".
Published 22 Aug, 2006 12:00am
Worldcall signs Rs 720 million agreement for WLL system

Worldcall signs Rs 720 million agreement for WLL system

The Worldcall Group of Pakistan on Monday signed Rs 720 million agreement with Huawei Electronics of China to collaborate in setting up a Wireless Local Loop (WLL) system in South of Pakistan.
Published 22 Aug, 2006 12:00am
Darra cottage industry's potential to be tapped

Darra cottage industry's potential to be tapped

Commendably for it, the government is making serious efforts to bring small arms production, an important but commonly known cottage industry of the 'ilaq-i-ghair' (alien territory) in the tribal areas, into the mainstream of export-oriented economic acti
Published 22 Aug, 2006 12:00am
Outsourcing revenue collection?

Outsourcing revenue collection?

In a move that indicates lack of confidence in its own tax recovery machinery, the Central Board of Revenue has decided to hire private investigation agencies to recover custom duty arrears from defaulting importers/exporters.
Published 22 Aug, 2006 12:00am
PTI holds rally against Darrell Hair

PTI holds rally against Darrell Hair

Pakistan Tehreek-e-Insaf (PTI) has hold a protest demonstration against the controversial decision of Australian cricket umpire Darrell Hair, who forfeited the fourth test match and declared English cricket team winner.
Published 22 Aug, 2006 12:00am
Rs 51.022 million for various schemes in Governor House

Rs 51.022 million for various schemes in Governor House

Residences for employees of Governor House, a medical centre and a dairy farm would be constructed in Governor House at a cost of Rs 51.022 million. Punjab Minister for Communication and Works, Chaudhry Zaheer-ud-Din Khan stated this while presiding over
Published 22 Aug, 2006 12:00am
Women's Expo to open in Lahore on September 8

Women's Expo to open in Lahore on September 8

After receiving overwhelming response in Karachi, the Women's Expo is now being organised in Lahore from September 8 to 10 at Fortress Expo Centre. The three-day exhibition is the National Interactive Platform for Pakistani women that would highlight the
Published 22 Aug, 2006 12:00am
Local investors assured of facilities

Local investors assured of facilities

A comprehensive strategy has been prepared to promote industrial culture on solid grounds in the Punjab, and facilities like those in developed countries will be extended to local investors. This was observed by Punjab Industries, Commerce and Investment
Published 22 Aug, 2006 12:00am
Overseas Pakistanis invited to invest in NWFP

Overseas Pakistanis invited to invest in NWFP

NWFP Senior Minister and MMA leader Siraj-ul-Haq has asked the Overseas Pakistani businessmen to avail the abundant investment opportunities in NWFP in backdrop of its geographical importance and vicinity with central Asian Republics.
Published 22 Aug, 2006 12:00am
Screening, blood tests of restaurant cooks, waiters urged

Screening, blood tests of restaurant cooks, waiters urged

District Nazim Mian Amer Mahmood has directed officials concerned to carry out screening and blood testing of cooks and waiters working in various city restaurants so as to ensure that they were not suffering from hepatitis and other fatal contagious dise
Published 22 Aug, 2006 12:00am
CTF-150 command handing over today

CTF-150 command handing over today

The handing over ceremony of the Command of Multinational Task Force CTF-150 would be held at the waters of North Arabian Sea of Bahrain on Tuesday. The command of the force would be handed over by Pakistan Navy to German Navy at the ceremony, said a spok
Published 22 Aug, 2006 12:00am
Rs 593.91 million traffic management system being launched

Rs 593.91 million traffic management system being launched

In pursuance of Chief Minister's directives to prepare traffic plan for five big cities of Punjab, an 11.88-km pilot project of Integrated Traffic Management System (ITMS) is being launched from Qartaba Chowk to Khaira distributory, on Ferozepur Road Laho
Published 22 Aug, 2006 12:00am
PSO ready to dispense blended fuel

PSO ready to dispense blended fuel

Pakistan State Oil (PSO) has finalised the arrangements to extend 'E10 Gasoline' pilot project to Lahore and Karachi following its successful launch by Prime Minister Shaukat Aziz recently (August 16) at PSO's retail outlet at Islamabad.
Published 22 Aug, 2006 12:00am
Ombudsman directs clearance of dues

Ombudsman directs clearance of dues

The Punjab Ombudsman has directed Board of Intermediate & Secondary Education (BISE) Lahore to make payment of TA/DA bill worth Rs16,907/- to a retired headmaster Amanullah. The complainant contended that he was appointed as secrecy officer for supervisio
Published 22 Aug, 2006 12:00am
'Per capita water availability declining'

'Per capita water availability declining'

The construction of new water reservoirs is a must to achieve the self-sufficiency in food and generating cheap electricity through hydel means of electricity production.
Published 22 Aug, 2006 12:00am
Bank Alfalah expands customer contact centre

Bank Alfalah expands customer contact centre

Bank Alfalah has expanded its customer support contact center by setting up another location in Lahore to maintain its well-known quality of customer services and support.
Published 22 Aug, 2006 12:00am
'Utilisation of sugarcane by-products can save foreign exchange'

'Utilisation of sugarcane by-products can save foreign exchange'

Chairman, Higher Education Commission (HEC) Professor Dr Atta ur Rehman has stressed the need of utilising the by-products of the sugarcane to save huge foreign exchange being utilised to import citric acid, oxalic-acid and blend the ethanol.
Published 22 Aug, 2006 12:00am