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Print - 2006-10-07
Prime Minister urged to ensure timely cane crushing

Prime Minister urged to ensure timely cane crushing

Pakistan Kissan Movement (PKM) has appealed to the Prime Minister, Shaukat Aziz to approve proposals of the Secretaries Committee so as to ensure timely start of crushing season in the country.
Published 07 Oct, 2006 12:00am
A sordid tale of corruption

A sordid tale of corruption

In its report, made public in Islamabad on Wednesday, Oxfam, a respected international humanitarian organisation, unveiled details of how corrupt government officials are capitalising on the miseries of last year's devastating earthquake in Kashmir and pa
Published 07 Oct, 2006 12:00am
Deadline for refineries

Deadline for refineries

The rising level of motor fuel-related pollution in the country has prompted the government to set January 2008 as the new deadline for Pakistan's four oil refineries to switch over from Euro-I (low quality diesel) to Euro-II which has a fairly smaller su
Published 07 Oct, 2006 12:00am
Straight talk - escalating prices

Straight talk - escalating prices

As the month of Ramazan progresses, the disagreement and "Nora Kushti" between CDGK, wholesalers and retailers over the prices fixed by CDGK of essential items and other commodities, is on the rise. The wholesalers claim that the prices fixed by the price
Published 07 Oct, 2006 12:00am
Ethnic mix, a complex issue

Ethnic mix, a complex issue

Singapore and Malaysia are once again bickering over race relations, raising the political heat in a region scarred by ethnic conflict, but the mood on the street is strangely indifferent. The island of Singapore is home to mostly ethnic Chinese, while th
Published 07 Oct, 2006 12:00am
Abbas builds up forces amid Palestinian crisis

Abbas builds up forces amid Palestinian crisis

Behind cinder-block walls on the edge of the West Bank city of Jericho, a 16-acre plot of parched earth is being transformed into new training grounds for troops loyal to Palestinian President Mahmoud Abbas.
Published 07 Oct, 2006 12:00am
SECP must adopt fast pace in handling CSIBL

SECP must adopt fast pace in handling CSIBL

SECP has done a good job to induct an administrator to manage day-to-day CSIBL affairs. This step is highly admirable, but one manhandling sale of CSIBL, managing day-to-day administrative work, pacifying creditors and depositors is, asking too much.
Published 07 Oct, 2006 12:00am
Thar indigenous initiative

Thar indigenous initiative

It goes without saying that information brings and breeds knowledge. We have on our hands a paradigm to improve the common lot of our less privileged people. To start with, the target should be the outstretch recesses of Thar Desert.
Published 07 Oct, 2006 12:00am
Wastage of precious water

Wastage of precious water

Through the columns of your esteemed newspaper I wish to bring to the notice of the concerned department (Karachi Water and Sewerage Board) whom I have been contacting for the last one year regarding to a severe leakage of drinking water, wasting millions
Published 07 Oct, 2006 12:00am
CPLC initiates road safety project

CPLC initiates road safety project

The Citizen Police Liaison Committee (CPLC) has installed Digital Speed Limit Panels on Faisalabad roads in the first phase in collaboration with the Pakistan State Oil to make the city roads more safe and beautiful.
Published 07 Oct, 2006 12:00am
Loan disbursement

Loan disbursement

Punjab Provincial Co-operative Bank Limited (PPCBL) has stared disbursement of production loans for the Rabi season 2006-07. According to a bank spokesman here on Friday. The zone-wise loan disbursement targets for the Rabi season were.
Published 07 Oct, 2006 12:00am
PML-N to welcome all opposition parties against government

PML-N to welcome all opposition parties against government

Pakistan Muslim League-Nawaz (PML-N) said on Friday it would welcome all opposition parties, including Muttahida Majlis-i-Amal (MMA), six-party religious alliance, which desired to co-operate with it against the government.
Published 07 Oct, 2006 12:00am
MMA concerned over Timer-Khas highway condition

MMA concerned over Timer-Khas highway condition

NWFP senior minister Sirajul Haq has said the MMA government is concerned on dilapidated condition of Timergara-Dir Khas highway wherein authorities concerned of the federal government, including the President and Prime Minister have been informed.
Published 07 Oct, 2006 12:00am
Sale of fake medicines on rise in Multan

Sale of fake medicines on rise in Multan

Sale of substandard medicines is on the rise without any check in Multan region, including Vehari, Mailsi and many others districts of south Punjab.
Published 07 Oct, 2006 12:00am
Sultan meets JKPP chief

Sultan meets JKPP chief

Former AJK prime minister and president of People's Muslim League (PML), Barrister Sultan Mehmood Chaudhry met with the president of Jammu and Kashmir Peoples Party (JKPP) Sardar Khalid Ibrahim here on Friday.
Published 07 Oct, 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 (October 06, 2006).

Published 07 Oct, 2006 12:00am
More investment on youth to be ensured: Salman

More investment on youth to be ensured: Salman

The government would ensure more investment on the youth, which would definitely lead to economic growth, national development and reduction in poverty.
Published 07 Oct, 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 (October 06, 2006).

Published 07 Oct, 2006 12:00am
Body formed to monitor projects in NWFP

Body formed to monitor projects in NWFP

The Senate standing committee on planning and development and population welfare formed a sub-committee on Friday to closely monitor and evaluate development projects being executed in the North West Frontier Province (NWFP).
Published 07 Oct, 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 (October 06, 2006).

Published 07 Oct, 2006 12:00am
First-ever education census released

First-ever education census released

The government on Friday released its first-ever National Education Census (NEC) whose findings of ghost schools in Islamabad and medium of teaching in public sector schools were mind boggling.
Published 07 Oct, 2006 12:00am
First-ever education census released

First-ever education census released

The government on Friday released its first-ever National Education Census (NEC) whose findings of ghost schools in Islamabad and medium of teaching in public sector schools were mind boggling.
Published 07 Oct, 2006 12:00am
World Bank accuses government of protecting refineries

World Bank accuses government of protecting refineries

The World Bank has accused that Pakistan's inter-government arrangements were allowing refineries to charge from the consumers on petroleum products more than what they actually consume. The report has shown that the refining policy tailored by Petroleum
Published 07 Oct, 2006 12:00am
World Bank accuses government of protecting refineries

World Bank accuses government of protecting refineries

The World Bank has accused that Pakistan's inter-government arrangements were allowing refineries to charge from the consumers on petroleum products more than what they actually consume. The report has shown that the refining policy tailored by Petroleum
Published 07 Oct, 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 (October 06, 2006).

Published 07 Oct, 2006 12:00am
World Bank accuses government of protecting refineries

World Bank accuses government of protecting refineries

The World Bank has accused that Pakistan''s inter-government arrangements were allowing refineries to charge from the consumers on petroleum products more than what they actually consume. The report has shown that the refining policy tailored by Petroleum
Published 07 Oct, 2006 12:00am
Waziristan deal progressing well: Musharraf

Waziristan deal progressing well: Musharraf

President General Pervez Musharraf on Friday said the peace deal signed with the tribal elders in North Waziristan was progressing well towards achieving desired objectives of peace and stability in the area and stressed follow up actions to ensure speedy
Published 07 Oct, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 06, 2006).
Published 07 Oct, 2006 12:00am
Waziristan deal progressing well: Musharraf

Waziristan deal progressing well: Musharraf

President General Pervez Musharraf on Friday said the peace deal signed with the tribal elders in North Waziristan was progressing well towards achieving desired objectives of peace and stability in the area and stressed follow up actions to ensure speedy
Published 07 Oct, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 06, 2006).

Published 07 Oct, 2006 12:00am
LSE scores more gains

LSE scores more gains

Upward thrust continued on Lahore Stock Exchange (LSE) on last trading day of week, where the market gained another 0.64 percent with Adamjee Insurance, banks and petroleum sectors dominating the proceedings. The LSE-25 index surged to 4642.10 points from
Published 07 Oct, 2006 12:00am
LSE scores more gains

LSE scores more gains

Upward thrust continued on Lahore Stock Exchange (LSE) on last trading day of week, where the market gained another 0.64 percent with Adamjee Insurance, banks and petroleum sectors dominating the proceedings. The LSE-25 index surged to 4642.10 points from
Published 07 Oct, 2006 12:00am
ISE equities recover

ISE equities recover

Equities witnessed broad-based recovery under the lead of hot favourite at the Islamabad Stock Exchange (ISE) where bulls strengthened their positions under the lead of trend-setters amid increase in index.
Published 07 Oct, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (October 06, 2006).

Published 07 Oct, 2006 12:00am
ISE equities recover

ISE equities recover

Equities witnessed broad-based recovery under the lead of hot favourite at the Islamabad Stock Exchange (ISE) where bulls strengthened their positions under the lead of trend-setters amid increase in index.
Published 07 Oct, 2006 12:00am
Bosnia signs $220 million railways deal

Bosnia signs $220 million railways deal

Bosnia's two autonomous regions on Friday signed a 173-million-euro ($220-million) agreement to reconstruct and modernise railways for the creation of a future north-south highway.
Published 07 Oct, 2006 12:00am
Former Hewlett-Packard CEO Fiorina pulls no punches in memoir

Former Hewlett-Packard CEO Fiorina pulls no punches in memoir

The memoir of fallen Hewlett-Packard Co leader Carly Fiorina, once America's most powerful woman chief executive, paints an unsparing picture of the internal power struggles and gender politics that prefigured America's most public corporate boardroom sca
Published 07 Oct, 2006 12:00am
Japan foreign reserves hit record high

Japan foreign reserves hit record high

Japan's official foreign reserves, the world's second largest, rose to a record $881.273 billion at the end of September, the seventh consecutive monthly increase, the Ministry of Finance said on Friday.
Published 07 Oct, 2006 12:00am
Abizaid arrives

Abizaid arrives

General John P. Abizaid, Commander US Centcom arrived here on Friday on a two day official visit to Pakistan. On arrival at PAF Base Chaklala the Commander US Centcom was received by Lieutenant General Muhammad Zaki, Director General Infantry.
Published 07 Oct, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (October 06, 2006).

Published 07 Oct, 2006 12:00am
Abizaid arrives

Abizaid arrives

General John P. Abizaid, Commander US Centcom arrived here on Friday on a two day official visit to Pakistan. On arrival at PAF Base Chaklala the Commander US Centcom was received by Lieutenant General Muhammad Zaki, Director General Infantry.
Published 07 Oct, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (October 06, 2006).

Published 07 Oct, 2006 12:00am
Pakistan rejects discrimination in nuclear field

Pakistan rejects discrimination in nuclear field

Pakistan has told the United Nation General Assembly's main committee that it would not accept discrimination in the nuclear field, while underscoring the energy needs of its expanding economy.
Published 07 Oct, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (October 06, 2006).

Published 07 Oct, 2006 12:00am
Nato commanders demand governments get tough with Pakistan

Nato commanders demand governments get tough with Pakistan

Nato commanders from five countries who have troops stationed in Afghanistan are demanding their governments get tough with Pakistan over its support for the Taliban militia, The Daily Telegraph reported on Friday.
Published 07 Oct, 2006 12:00am
17 dead in battle for shrine in Orakzai

17 dead in battle for shrine in Orakzai

Seventeen people have been killed during fighting between Sunni and Shia tribesmen over ownership of a shrine, security officials said on Friday. The tribes exchanged gun, rocket and mortar fire after the dispute erupted several days ago over the holy sit
Published 07 Oct, 2006 12:00am
17 dead in battle for shrine in Orakzai

17 dead in battle for shrine in Orakzai

Seventeen people have been killed during fighting between Sunni and Shia tribesmen over ownership of a shrine, security officials said on Friday. The tribes exchanged gun, rocket and mortar fire after the dispute erupted several days ago over the holy sit
Published 07 Oct, 2006 12:00am
Supreme Court seeks details of Gwadar allotments

Supreme Court seeks details of Gwadar allotments

A full-bench of the Supreme Court on Friday sought details of all allotments at Gwadar by October 10. The Supreme Court Quetta bench comprising Justice Javed Iqbal and Justice Raja Fiaz Ahmed directed Advocate General (AG) Balochistan to furnish record of
Published 07 Oct, 2006 12:00am
Supreme Court seeks details of Gwadar allotments

Supreme Court seeks details of Gwadar allotments

A full-bench of the Supreme Court on Friday sought details of all allotments at Gwadar by October 10. The Supreme Court Quetta bench comprising Justice Javed Iqbal and Justice Raja Fiaz Ahmed directed Advocate General (AG) Balochistan to furnish record of
Published 07 Oct, 2006 12:00am
Supreme Court seeks details of Gwadar allotments

Supreme Court seeks details of Gwadar allotments

A full-bench of the Supreme Court on Friday sought details of all allotments at Gwadar by October 10. The Supreme Court Quetta bench comprising Justice Javed Iqbal and Justice Raja Fiaz Ahmed directed Advocate General (AG) Balochistan to furnish record of
Published 07 Oct, 2006 12:00am
'Condition laid to curb sale of mortgaged plots'

'Condition laid to curb sale of mortgaged plots'

Provincial Minister for Housing and Urban Development Syed Raza Ali Gillani has said that at the time of approval of any housing scheme, its 25 percent plots would be mortgaged and the number of these plots would be displayed on board at the site so that
Published 07 Oct, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Oct, 2006 12:00am
Gas pipeline blown up

Gas pipeline blown up

Unknown persons blown up a gas pipeline in Hazarganji area of Shalkot Police Station on Friday afternoon. According to details unidentified miscreants planted explosive device beneath 6-inch diameter gas pipeline at Gahi Khan Chowk in Shalkot Police Stati
Published 07 Oct, 2006 12:00am
Britain withdraws tax on Pakistani cricket team

Britain withdraws tax on Pakistani cricket team

The British government has withdrawn its decision to levy income tax on Pakistani cricket team. Sources said on Friday that the British tax authorities had endorsed the legal interpretation made by the CBR tax officials for not taxing the Pakistani cricke
Published 07 Oct, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (October 06, 2006).

Published 07 Oct, 2006 12:00am
Britain withdraws tax on Pakistani cricket team

Britain withdraws tax on Pakistani cricket team

The British government has withdrawn its decision to levy income tax on Pakistani cricket team. Sources said on Friday that the British tax authorities had endorsed the legal interpretation made by the CBR tax officials for not taxing the Pakistani cricke
Published 07 Oct, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 07 Oct, 2006 12:00am
Britain withdraws tax on Pakistani cricket team

Britain withdraws tax on Pakistani cricket team

The British government has withdrawn its decision to levy income tax on Pakistani cricket team. Sources said on Friday that the British tax authorities had endorsed the legal interpretation made by the CBR tax officials for not taxing the Pakistani cricke
Published 07 Oct, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Oct, 2006 12:00am
Britain withdraws tax on Pakistani cricket team

Britain withdraws tax on Pakistani cricket team

The British government has withdrawn its decision to levy income tax on Pakistani cricket team. Sources said on Friday that the British tax authorities had endorsed the legal interpretation made by the CBR tax officials for not taxing the Pakistani cricke
Published 07 Oct, 2006 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 07 Oct, 2006 12:00am
Pakistan and India seek steps to cut sugar stocks

Pakistan and India seek steps to cut sugar stocks

With bins overflowing after bumper harvests and plentiful imports, sugar traders in India and Pakistan are hoping their governments will take steps to cut stocks and improve prices.
Published 07 Oct, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Oct, 2006 12:00am
Oil barge capsizes near Karachi Harbour

Oil barge capsizes near Karachi Harbour

A commercial barge carrying about 70 tonnes of fuel oil capsized while heading towards the Karachi Harbour from Port Qasim on Friday night. Sources told Business Recorder, a self-propelled barge "Orient-I" left the Port Qasim for Karachi Harbour wi
Published 07 Oct, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Friday (October 06, 2006).

Published 07 Oct, 2006 12:00am
Oil barge capsizes near Karachi Harbour

Oil barge capsizes near Karachi Harbour

A commercial barge carrying about 70 tonnes of fuel oil capsized while heading towards the Karachi Harbour from Port Qasim on Friday night. Sources told Business Recorder, a self-propelled barge "Orient-I" left the Port Qasim for Karachi Harbour wi
Published 07 Oct, 2006 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Friday (October 06, 2006).

Published 07 Oct, 2006 12:00am
Oil barge capsizes near Karachi Harbour

Oil barge capsizes near Karachi Harbour

A commercial barge carrying about 70 tonnes of fuel oil capsized while heading towards the Karachi Harbour from Port Qasim on Friday night. Sources told Business Recorder, a self-propelled barge "Orient-I" left the Port Qasim for Karachi Harbour wi
Published 07 Oct, 2006 12:00am
UIC announces increase in paid up capital

UIC announces increase in paid up capital

The United Insurance Company (UIC) has announced substantial increase in its paid up capital with issuance of interim bonus shares. The UIC Country Manager, Dr Murtaza Mughal said on Friday that the company's paid up capital had risen to Rs 229 million.
Published 07 Oct, 2006 12:00am
Aptma concerned over proposed hike in gas prices

Aptma concerned over proposed hike in gas prices

All Pakistan Textile Mills Association (Aptma) on Friday expressed concern over the recent plan announced to alter the basis for fixation of the natural gas retail tariffs.
Published 07 Oct, 2006 12:00am
PML appreciates foreign policy

PML appreciates foreign policy

Appreciating Pakistan's independent foreign policy and its principled stand on all international affairs, Pakistan Muslim League on Friday lauded the efforts of President General Pervez Musharraf to present country's point of view in a strong and effectiv
Published 07 Oct, 2006 12:00am
Pakistan to assume G-77 chairmanship in January

Pakistan to assume G-77 chairmanship in January

Pakistan will assume the chairmanship of the powerful group of 77 developing countries and China at a special ceremony in January 2007, Ambassador Munir Akram said on Thursday. The 132-member group promotes collective economic interests of developing coun
Published 07 Oct, 2006 12:00am