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Print - 2006-09-03
Chinese official opposes sale of dollar holdings

Chinese official opposes sale of dollar holdings

China would only damage itself if it sold dollars from its $941 billion stockpile of foreign currency reserves, a senior official said on Saturday. Cheng Siwei, vice-chairman of the national parliament, said selling dollar-denominated assets would hurt Ch
Published 03 Sep, 2006 12:00am
Kurdish rebels kill five Turkish soldiers

Kurdish rebels kill five Turkish soldiers

Kurdish militants killed five Turkish soldiers in two attacks in south-eastern Turkey late on Friday, army officials said Two officers and a soldier were killed by a roadside bomb in the province of Sirnak, while two soldiers were killed in an attack on t
Published 03 Sep, 2006 12:00am
Palestinian strike over wages wins strong support

Palestinian strike over wages wins strong support

Tens of thousands of Palestinian government employees went on strike in the West Bank and Gaza on Saturday in protest against unpaid salaries and the perceived failings of the Hamas-led government.
Published 03 Sep, 2006 12:00am
North Korea slams US anti-missile test as war drill

North Korea slams US anti-missile test as war drill

North Korea accused the United States on Saturday of provoking war by carrying out an anti-missile test over the Pacific and holding military drills with South Korean forces on the divided peninsula.
Published 03 Sep, 2006 12:00am
Indonesia criticises Western reporting on Muslims

Indonesia criticises Western reporting on Muslims

Western media apply double standards when reporting on Muslims and are often ignorant about sensitive issues for the religion, Indonesia's president was quoted by the Antara state news agency as saying on Saturday.
Published 03 Sep, 2006 12:00am
Reforms in Pakistan are institution based: Shaukat

Reforms in Pakistan are institution based: Shaukat

Prime Minister Shaukat Aziz has said that reforms in various sectors in Pakistan "are institution-based" and his government was making sincere efforts to make the country a vibrant, progressive, and moderate Islamic welfare state.
Published 03 Sep, 2006 12:00am
Reforms in Pakistan are institution based: Shaukat

Reforms in Pakistan are institution based: Shaukat

Prime Minister Shaukat Aziz has said that reforms in various sectors in Pakistan "are institution-based" and his government was making sincere efforts to make the country a vibrant, progressive, and moderate Islamic welfare state.
Published 03 Sep, 2006 12:00am
FPCCI objects to CSIBL property sale

FPCCI objects to CSIBL property sale

The Federation of Pakistan Chambers of Commerce & Industries (FPCCI) has claimed that its funds, to the tune of Rs 27 million, are stuck up with the Crescent Standard Investment Bank Limited (CSIBL).
Published 03 Sep, 2006 12:00am
FPCCI objects to CSIBL property sale

FPCCI objects to CSIBL property sale

The Federation of Pakistan Chambers of Commerce & Industries (FPCCI) has claimed that its funds, to the tune of Rs 27 million, are stuck up with the Crescent Standard Investment Bank Limited (CSIBL).
Published 03 Sep, 2006 12:00am
FPCCI objects to CSIBL property sale

FPCCI objects to CSIBL property sale

The Federation of Pakistan Chambers of Commerce & Industries (FPCCI) has claimed that its funds, to the tune of Rs 27 million, are stuck up with the Crescent Standard Investment Bank Limited (CSIBL).
Published 03 Sep, 2006 12:00am
SCRAs: Singapore stakes surge to over $41 million

SCRAs: Singapore stakes surge to over $41 million

The Special Convertible Rupee Accounts (SCRAs), which dipped to $2.8 million on August 22 after bouncing back to $19.4 million on July 18, managed to reach $9.5 million on August 31. Earlier, SCRAs, which is an indicator reflecting foreigners'' perception
Published 03 Sep, 2006 12:00am
SCRAs: Singapore stakes surge to over $41 million

SCRAs: Singapore stakes surge to over $41 million

The Special Convertible Rupee Accounts (SCRAs), which dipped to $2.8 million on August 22 after bouncing back to $19.4 million on July 18, managed to reach $9.5 million on August 31. Earlier, SCRAs, which is an indicator reflecting foreigners' perception
Published 03 Sep, 2006 12:00am
SCRAs: Singapore stakes surge to over $41 million

SCRAs: Singapore stakes surge to over $41 million

The Special Convertible Rupee Accounts (SCRAs), which dipped to $2.8 million on August 22 after bouncing back to $19.4 million on July 18, managed to reach $9.5 million on August 31. Earlier, SCRAs, which is an indicator reflecting foreigners' perception
Published 03 Sep, 2006 12:00am
Customs told to check ''green channel'' misuse

Customs told to check ''green channel'' misuse

Following massive misuse of ''green channel'' facility at airports, the Central Board of Revenue (CBR) has ordered the customs officials to randomly check certain percentage of incoming passengers, to make the system more foolproof. In this regard, the Bo
Published 03 Sep, 2006 12:00am
Customs told to check 'green channel' misuse

Customs told to check 'green channel' misuse

Following massive misuse of 'green channel' facility at airports, the Central Board of Revenue (CBR) has ordered the customs officials to randomly check certain percentage of incoming passengers, to make the system more foolproof. In this regard, the Boar
Published 03 Sep, 2006 12:00am
Customs told to check 'green channel' misuse

Customs told to check 'green channel' misuse

Following massive misuse of 'green channel' facility at airports, the Central Board of Revenue (CBR) has ordered the customs officials to randomly check certain percentage of incoming passengers, to make the system more foolproof. In this regard, the Boar
Published 03 Sep, 2006 12:00am
President and Prime Minister condole

President and Prime Minister condole

Confirming the reports from Iraq regarding a terrorist attack on a bus of pilgrims in Kerbala, a foreign office spokesperson on Saturday said Iraqi authorities had been contacted to ascertain the number of Pakistanis killed in the terrorist attack.
Published 03 Sep, 2006 12:00am
President and Prime Minister condole

President and Prime Minister condole

Confirming the reports from Iraq regarding a terrorist attack on a bus of pilgrims in Kerbala, a foreign office spokesperson on Saturday said Iraqi authorities had been contacted to ascertain the number of Pakistanis killed in the terrorist attack.
Published 03 Sep, 2006 12:00am
11 Pakistani pilgrims killed in Iraq

11 Pakistani pilgrims killed in Iraq

Fourteen Pakistani and Indian Shia pilgrims were abducted and killed in Iraq's western desert, police said on Saturday. The slain pilgrims, 11 Pakistanis and three Indians, had been travelling to holy sites in Iraq on Thursday when they were attacked in A
Published 03 Sep, 2006 12:00am
11 Pakistani pilgrims killed in Iraq

11 Pakistani pilgrims killed in Iraq

Fourteen Pakistani and Indian Shia pilgrims were abducted and killed in Iraq's western desert, police said on Saturday. The slain pilgrims, 11 Pakistanis and three Indians, had been travelling to holy sites in Iraq on Thursday when they were attacked in A
Published 03 Sep, 2006 12:00am
PIA's first flight from Peshawar leaves for UK

PIA's first flight from Peshawar leaves for UK

Peshawar has been connected with Europe with first-ever PIA flight PK-773 left for Standsted, London, at 7 am on Saturday. PIA is operating once a week flight from Peshawar to Stansted, London via Karachi. The Chairman and Chief Executive Officer of PIA,
Published 03 Sep, 2006 12:00am
Sindh governor grieved

Sindh governor grieved

Sindh governor Dr Ishratul Ibad has condoled with his press secretary Syed Wajahat Ali over the sudden death of his 6-year-old son, Abdullah, who has expired after a short illness on August 30. He was buried in the Society graveyard.
Published 03 Sep, 2006 12:00am
Bank Alfalah refutes reports

Bank Alfalah refutes reports

A spokesman of Bank Alfalah has refuted the rumours about Bank's merger with another financial institution. In a statement here on Saturday, the spokesman said that there is no move to merge Bank Alfalah Limited with any financial institution.
Published 03 Sep, 2006 12:00am
''Rozgar'' scheme: NBP seeks changes in loans recovery laws

''Rozgar'' scheme: NBP seeks changes in loans recovery laws

The National Bank of Pakistan (NBP) has sought amendment in banking recovery laws, before launching President''s Rozgar Scheme. According to documents available with Business Recorder, the NBP has submitted President''s'' Rozgar Scheme to the gover
Published 03 Sep, 2006 12:00am
'Rozgar' scheme: NBP seeks changes in loans recovery laws

'Rozgar' scheme: NBP seeks changes in loans recovery laws

The National Bank of Pakistan (NBP) has sought amendment in banking recovery laws, before launching President's Rozgar Scheme. According to documents available with Business Recorder, the NBP has submitted President's' Rozgar Scheme to the governme
Published 03 Sep, 2006 12:00am
'Rozgar' scheme: NBP seeks changes in loans recovery laws

'Rozgar' scheme: NBP seeks changes in loans recovery laws

The National Bank of Pakistan (NBP) has sought amendment in banking recovery laws, before launching President's Rozgar Scheme. According to documents available with Business Recorder, the NBP has submitted President's' Rozgar Scheme to the governme
Published 03 Sep, 2006 12:00am
Iran defiant on nuclear issue as EU offers more time

Iran defiant on nuclear issue as EU offers more time

President Mahmoud Ahmadinejad on Saturday vowed Iran would defend the aims of its nuclear programme during any negotiations, as the European Union gave Tehran extra time to show it was serious about talks.
Published 03 Sep, 2006 12:00am
Four pedestrian bridges inaugurated on Korangi Road

Four pedestrian bridges inaugurated on Korangi Road

The opening ceremony of four pedestrian bridges has taken place here on Korangi Road near Kalapul. The opening ceremony starts with the recitation of the Holy Qur'an, said a press release issued by the Shalimar Communications here on Saturday.
Published 03 Sep, 2006 12:00am
Two held; charas recovered

Two held; charas recovered

Divisional Intelligence Excise Karachi in an operation in Lea Market and Kharadar recovered over 10 kg of charas and arrested two persons. According to details, Divisional Intelligence Officer Excise, Aslam Jatoi formulated a special team headed by Excise
Published 03 Sep, 2006 12:00am
Sundar Estates to have 36 transformers

Sundar Estates to have 36 transformers

Punjab Industrial Estates (PIE) has decided to provide as many as 36 transformers to the residents of Sundar Industrial Estates (SIE) to meet their electricity requirements. This was decided in a meeting of resident-owners of the industrial units set up i
Published 03 Sep, 2006 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (August 01 to 31, 2006)

Published 03 Sep, 2006 12:00am
Government ready to carry out Bugti's DNA test: Awais

Government ready to carry out Bugti's DNA test: Awais

Balochistan governor Awais Ghani has said the government is ready to open the grave of Nawab Akbar Khan Bugti to carry out DNA test for verification but only if it is desired by his family.
Published 03 Sep, 2006 12:00am
The Weather

The Weather

The weather report on Saturday (September 02, 2006) and the forecast for Sunday (September 03, 2006).
Published 03 Sep, 2006 12:00am
Government ready to carry out Bugti's DNA test: Awais

Government ready to carry out Bugti's DNA test: Awais

Balochistan governor Awais Ghani has said the government is ready to open the grave of Nawab Akbar Khan Bugti to carry out DNA test for verification but only if it is desired by his family.
Published 03 Sep, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 03 Sep, 2006 12:00am
14 British soldiers killed in Afghan plane crash

14 British soldiers killed in Afghan plane crash

A British plane crashed in Afghanistan on Saturday, killing 14 military personnel, British and Nato officials said. The Royal Air Force Nimrod MR2 aircraft was supporting the Nato mission in the country when it went down, apparently due to a technical pro
Published 03 Sep, 2006 12:00am
14 British soldiers killed in Afghan plane crash

14 British soldiers killed in Afghan plane crash

A British plane crashed in Afghanistan on Saturday, killing 14 military personnel, British and Nato officials said. The Royal Air Force Nimrod MR2 aircraft was supporting the Nato mission in the country when it went down, apparently due to a technical pro
Published 03 Sep, 2006 12:00am
President for modifying dairy farming

President for modifying dairy farming

President General Pervez Musharraf on Saturday stressed the need for effectively harnessing the dairy resources of the country. Chairing a meeting here, he observed that although Pakistan is one of the largest producers of milk, it ranked very low in dair
Published 03 Sep, 2006 12:00am
President for modifying dairy farming

President for modifying dairy farming

President General Pervez Musharraf on Saturday stressed the need for effectively harnessing the dairy resources of the country. Chairing a meeting here, he observed that although Pakistan is one of the largest producers of milk, it ranked very low in dair
Published 03 Sep, 2006 12:00am
President for modifying dairy farming

President for modifying dairy farming

President General Pervez Musharraf on Saturday stressed the need for effectively harnessing the dairy resources of the country. Chairing a meeting here, he observed that although Pakistan is one of the largest producers of milk, it ranked very low in dair
Published 03 Sep, 2006 12:00am
PSM needs Rs five billion for revamping

PSM needs Rs five billion for revamping

Pakistan Steel Mills (PSM) has sought federal government consent to spend around Rs 5 billion on revamping and modernisation of its infrastructure and increasing its production capacity, sources told Business Recorder here on Saturday.
Published 03 Sep, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
PSM needs Rs five billion for revamping

PSM needs Rs five billion for revamping

Pakistan Steel Mills (PSM) has sought federal government consent to spend around Rs 5 billion on revamping and modernisation of its infrastructure and increasing its production capacity, sources told Business Recorder here on Saturday.
Published 03 Sep, 2006 12:00am
PSM needs Rs five billion for revamping

PSM needs Rs five billion for revamping

Pakistan Steel Mills (PSM) has sought federal government consent to spend around Rs 5 billion on revamping and modernisation of its infrastructure and increasing its production capacity, sources told Business Recorder here on Saturday.
Published 03 Sep, 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 Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
Bids for deep-water port invited

Bids for deep-water port invited

Karachi Port Trust (KPT) has invited bids for pre-qualifications for site investigation work from international marine contractors for developing country''s deep-water port for container ships in the neighbourhood of its lower harbour.
Published 03 Sep, 2006 12:00am
Bids for deep-water port invited

Bids for deep-water port invited

Karachi Port Trust (KPT) has invited bids for pre-qualifications for site investigation work from international marine contractors for developing country's deep-water port for container ships in the neighbourhood of its lower harbour.
Published 03 Sep, 2006 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
Bids for deep-water port invited

Bids for deep-water port invited

Karachi Port Trust (KPT) has invited bids for pre-qualifications for site investigation work from international marine contractors for developing country's deep-water port for container ships in the neighbourhood of its lower harbour.
Published 03 Sep, 2006 12:00am
Duty-free imports worth Rs 3.65 billion allowed in 2005-06

Duty-free imports worth Rs 3.65 billion allowed in 2005-06

The Central Board of Revenue (CBR) had allowed duties- and taxes-free import of 490 different consignments worth Rs 3.65 billion by manufacturers-cum-exporters under the Duty and Tax Remission for Export (DTRE) scheme during 2005-06.
Published 03 Sep, 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 Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
Duty-free imports worth Rs 3.65 billion allowed in 2005-06

Duty-free imports worth Rs 3.65 billion allowed in 2005-06

The Central Board of Revenue (CBR) had allowed duties- and taxes-free import of 490 different consignments worth Rs 3.65 billion by manufacturers-cum-exporters under the Duty and Tax Remission for Export (DTRE) scheme during 2005-06.
Published 03 Sep, 2006 12:00am
Duty-free imports worth Rs 3.65 billion allowed in 2005-06

Duty-free imports worth Rs 3.65 billion allowed in 2005-06

The Central Board of Revenue (CBR) had allowed duties- and taxes-free import of 490 different consignments worth Rs 3.65 billion by manufacturers-cum-exporters under the Duty and Tax Remission for Export (DTRE) scheme during 2005-06.
Published 03 Sep, 2006 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
THE RUPEE: dollar scores gains

THE RUPEE: dollar scores gains

Weak sentiment was seen in the currency market on Saturday as demand for dollars was on the upside to meet the importers buying for the payment requirements, money experts said.
Published 03 Sep, 2006 12:00am
THE RUPEE: dollar scores gains

THE RUPEE: dollar scores gains

Weak sentiment was seen in the currency market on Saturday as demand for dollars was on the upside to meet the importers buying for the payment requirements, money experts said.
Published 03 Sep, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (September 02, 2006) and for Sunday (September 03, 2006).
Published 03 Sep, 2006 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended on Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (September 04, 2006).

Published 03 Sep, 2006 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (September 04, 2006).

Published 03 Sep, 2006 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday 4 September 2006.

Published 03 Sep, 2006 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday 4 September 2006.

Published 03 Sep, 2006 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday 4 September 2006.

Published 03 Sep, 2006 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (September 02, 2006).

Published 03 Sep, 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 Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended on Saturday (September 02, 2006).

Published 03 Sep, 2006 12:00am
Spot dollar rates

Spot dollar rates

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

Published 03 Sep, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (September 02, 2006).
Published 03 Sep, 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 Saturday (September 02, 2006).

Published 03 Sep, 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 Saturday (September 02, 2006).

Published 03 Sep, 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 Saturday (September 02, 2006).

Published 03 Sep, 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 Saturday (September 02, 2006).

Published 03 Sep, 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 Sep, 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 Sep, 2006 12:00am