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Print - 2006-10-20
Journalists and hawkers vow to resist one Eid holiday

Journalists and hawkers vow to resist one Eid holiday

A representative meeting of journalists, newspaper hawkers and other newspaper employees held at the Karachi Press Club on Thursday vowed to resist the decision of the APNS for one-day Eid holiday, and constituted a joint committee.
Published 20 Oct, 2006 12:00am
MTU to train registrars about online CVT collection

MTU to train registrars about online CVT collection

The Medium Taxpayers Unit (MTU) Karachi has formulated a comprehensive strategy to train registrars for the collection of capital value tax (CVT) on modern lines. Sources told Business Recorder on Thursday that the Unit would train the registrars a
Published 20 Oct, 2006 12:00am
Visa sales grow by 65 percent

Visa sales grow by 65 percent

Visa International Pakistan has announced that its Retail Sales Volume (RSV), or the value of transactions made using Visa cards at merchant outlets, grew by 65 percent year-on-year in the period ended June 2006.
Published 20 Oct, 2006 12:00am
Application for listing of UBL TFCs approved

Application for listing of UBL TFCs approved

The Karachi Stock Exchange (KSE) has approved the application for listing and quotation of the Term Finance Certificate of United Bank Ltd on completion of formalities required under the Listing Regulations of the exchange.
Published 20 Oct, 2006 12:00am
Application for listing of UBL TFCs approved

Application for listing of UBL TFCs approved

The Karachi Stock Exchange (KSE) has approved the application for listing and quotation of the Term Finance Certificate of United Bank Ltd on completion of formalities required under the Listing Regulations of the exchange.
Published 20 Oct, 2006 12:00am
Dengue virus: steps taken to prevent outbreak in Hyderabad: Nazim

Dengue virus: steps taken to prevent outbreak in Hyderabad: Nazim

The district Nazim Hyderabad Kanwar Naveed Jamil has said that all precautionary measures have been taken in the field and the hospitals of district government to prevent out break of Dengue virus in the district. This he informed while talking to Secreta
Published 20 Oct, 2006 12:00am
Former SHO's bail petition dismissed

Former SHO's bail petition dismissed

A division bench of Sindh High Court (SHC) comprising of Justice Rehmat Hussain Jaffri and Justice Yasmeen Abbasi dismissed the bail petition filed by former SHO and Police Inspector Khan Shah Nawaz for grant of bail.
Published 20 Oct, 2006 12:00am
The Weather

The Weather

The weather report on Thursday (October 19, 2006) and the forecast for Friday (October 20, 2006).
Published 20 Oct, 2006 12:00am
Extension in sales tax returns date hailed

Extension in sales tax returns date hailed

The commercial importers have welcomed the decision by the Central Board of Revenue (CBR) to extend the last date for the filing of quarterly sales tax returns from October 15 to October 31, 2006.
Published 20 Oct, 2006 12:00am
New York cotton

New York cotton

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

Published 20 Oct, 2006 12:00am
Bank Alfalah declares Rs 1.3 billion net income

Bank Alfalah declares Rs 1.3 billion net income

The Bank Alfalah Limited (BAFL) has declared net income of Rs 1.3 billion translating earning per share (EPS) of Rs 2.7 in 9 months of 2006-almost same as that of last year. The bank announced its financial results for the nine-month ended September 30, 2
Published 20 Oct, 2006 12:00am
New York cotton

New York cotton

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

Published 20 Oct, 2006 12:00am
Bank Alfalah declares Rs 1.3 billion net income

Bank Alfalah declares Rs 1.3 billion net income

The Bank Alfalah Limited (BAFL) has declared net income of Rs 1.3 billion translating earning per share (EPS) of Rs 2.7 in 9 months of 2006-almost same as that of last year. The bank announced its financial results for the nine-month ended September 30, 2
Published 20 Oct, 2006 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 20 Oct, 2006 12:00am
LHC transfers and postings

LHC transfers and postings

The Chief Justice of the Lahore High Court has made transfers and postings among the civil judges-cum-judicial magistrates in the public interests. According to a notification, civil judge-cum-judicial magistrate Zafar Yab Anwar has been transferred from
Published 20 Oct, 2006 12:00am
Lahore Expo Centre to be functional in 2007

Lahore Expo Centre to be functional in 2007

Provincial Minister for Industries, Commerce and Investment, Muhammad Ajmal Cheema has said that the construction work on Lahore Expo Centre would be completed in February 2007 and Expo 2007 would be held at the Centre.
Published 20 Oct, 2006 12:00am
Trade bodies role can help in policy-making: Shaukat

Trade bodies role can help in policy-making: Shaukat

Prime Minister Shaukat Aziz said that vibrant role of traders and industrialists bodies could help the government in policy making, besides helping business community face today's challenges upfront. He wanted the traders and industrialists focus on resea
Published 20 Oct, 2006 12:00am
LHC directs local government official to review Kasur budget

LHC directs local government official to review Kasur budget

The Lahore High Court (LHC) while proceeding with the petition of district Nazim Kasur, has directed secretary local government to review the district council Kasur budget and submit a report on November 20.
Published 20 Oct, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (October 19, 2006).

Published 20 Oct, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (October 19, 2006) and for Friday (October 20, 2006).
Published 20 Oct, 2006 12:00am
Plea to address women home workers problems

Plea to address women home workers problems

A brain storming session was organised by Aurat Foundation in collaboration with HomeNet Pakistan on the topic of "situation of home-based workers with reference to their legal rights", here on Thursday.
Published 20 Oct, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (October 19, 2006).

Published 20 Oct, 2006 12:00am
PRGMEA team leaves for China

PRGMEA team leaves for China

A delegation of Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has left for Shanghai to participate in International Garment Machinery & Accessories Fair being held in Shanghai, from October 20-23, 2006.
Published 20 Oct, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 19, 2006).

Published 20 Oct, 2006 12:00am
Duty on salt export to India demanded

Duty on salt export to India demanded

Lahore Chamber of Commerce and Industry (LCCI) President Shahid Hassan Sheikh has demanded imposition of duty on export of salt and salt products to India, besides banning export of salt bigger than 18 mashes.
Published 20 Oct, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 19, 2006).

Published 20 Oct, 2006 12:00am
Benazir-Nawaz meeting to dispel rumours about ARD break-up

Benazir-Nawaz meeting to dispel rumours about ARD break-up

The scheduled Nawaz/Benazir meeting at the platform of Alliance for Restoration of Democracy (ARD) in London would dispel all doubts and rumours about the break-up of ARD or any of the ARD party was striking a deal with the government.
Published 20 Oct, 2006 12:00am
PML-N proposes body to analyse Musharraf's biography

PML-N proposes body to analyse Musharraf's biography

The Pakistan Muslim League (PML-N) on Thursday proposed that a neutral parliamentary committee should be constituted for a threadbare analysis of Musharraf's biography: "In the Line of Fire".
Published 20 Oct, 2006 12:00am
Prepaid services Nokia's new cost control solution

Prepaid services Nokia's new cost control solution

Nokia has introduced a new solution called Nokia Cost Control. The innovative solution is most beneficial to operators that have a significant, untapped potential in lower-income consumer segments.
Published 20 Oct, 2006 12:00am
THE RUPEE: slight changes in currency market

THE RUPEE: slight changes in currency market

The rupee moved slightly versus the dollar in the interbank market on Thursday for buying and selling at 60.60 and 60.61, respectively. Generally, the trend in the market is bullish due to strong supply of dollars.
Published 20 Oct, 2006 12:00am
'Green channel' facility being misused

'Green channel' facility being misused

The unscrupulous passengers have started using VIP lounges to misuse the 'green channel' facility at the international airports for clearance of dutiable or banned items.
Published 20 Oct, 2006 12:00am
THE RUPEE: slight changes in currency market

THE RUPEE: slight changes in currency market

The rupee moved slightly versus the dollar in the interbank market on Thursday for buying and selling at 60.60 and 60.61, respectively. Generally, the trend in the market is bullish due to strong supply of dollars.
Published 20 Oct, 2006 12:00am
Inflation on downside, but still high at eight percent: ADB

Inflation on downside, but still high at eight percent: ADB

Inflation declined in Pakistan in FY2006 but is still high at 8 percent. A significant decline in food inflation was in part offset by higher oil prices, said South Asia Economic Report of Asian Development Bank.
Published 20 Oct, 2006 12:00am
MTBs tenders invited

MTBs tenders invited

The State Bank of Pakistan (SBP) will invite tenders (separately) for sale of Rs 20,000 million three-month, six-month and 12-month the government Market Treasury Bills from October 20 to 21, 2006 through primary dealers.
Published 20 Oct, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (October 19, 2006).

Published 20 Oct, 2006 12:00am
MTBs tenders invited

MTBs tenders invited

The State Bank of Pakistan (SBP) will invite tenders (separately) for sale of Rs 20,000 million three-month, six-month and 12-month the government Market Treasury Bills from October 20 to 21, 2006 through primary dealers.
Published 20 Oct, 2006 12:00am
MTBs tenders invited

MTBs tenders invited

The State Bank of Pakistan (SBP) will invite tenders (separately) for sale of Rs 20,000 million three-month, six-month and 12-month the government Market Treasury Bills from October 20 to 21, 2006 through primary dealers.
Published 20 Oct, 2006 12:00am
MTBs tenders invited

MTBs tenders invited

The State Bank of Pakistan (SBP) will invite tenders (separately) for sale of Rs 20,000 million three-month, six-month and 12-month the government Market Treasury Bills from October 20 to 21, 2006 through primary dealers.
Published 20 Oct, 2006 12:00am
Captured Taliban say they were sent to fight by mullahs

Captured Taliban say they were sent to fight by mullahs

Handcuffed and weary, three confessed Taliban fighters told this week how they crossed into Afghanistan from Pakistan to carry out a "jihad" against troops after mullahs said it was their duty as Muslims.
Published 20 Oct, 2006 12:00am
SNGPL and SECL sign gas sales agreement

SNGPL and SECL sign gas sales agreement

Sui Northern Gas Pipeline Company Ltd, (SNGPL) and Sapphire Electric Company Ltd, (SECL) on Thursday signed a gas sales agreement (GSA), under which the former will supply 38 MMCFD gas to the latter.
Published 20 Oct, 2006 12:00am
ISE equities witness broad-based recovery

ISE equities witness broad-based recovery

Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) where bulls commanded the proceedings under the lead of hot favourite amid increase in index. ISE Ten index showed an improvement of 104.58 points, as the index moved from 2,901
Published 20 Oct, 2006 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 20 Oct, 2006 12:00am
ISE equities witness broad-based recovery

ISE equities witness broad-based recovery

Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) where bulls commanded the proceedings under the lead of hot favourite amid increase in index. ISE Ten index showed an improvement of 104.58 points, as the index moved from 2,901
Published 20 Oct, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (October 19, 2006).

Published 20 Oct, 2006 12:00am
LSE index gains 121.93 points

LSE index gains 121.93 points

Share prices maintained the upward tempo on the Lahore Stock Exchange (LSE), where the benchmark index crossed 5000 points mark, ending with 2.48 percent fresh gain amid declining transactions volume.
Published 20 Oct, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Oct, 2006 12:00am
LSE index gains 121.93 points

LSE index gains 121.93 points

Share prices maintained the upward tempo on the Lahore Stock Exchange (LSE), where the benchmark index crossed 5000 points mark, ending with 2.48 percent fresh gain amid declining transactions volume.
Published 20 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 20 Oct, 2006 12:00am
President shows confidence in defensive deterrence

President shows confidence in defensive deterrence

President Pervez Musharraf on Thursday showed full confidence in the country's defensive deterrence which is potent and much credible than ever before. "We shall continue to improve upon it," he reiterated while addressing the Armed Forces Officers of Isl
Published 20 Oct, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 20 Oct, 2006 12:00am
President shows confidence in defensive deterrence

President shows confidence in defensive deterrence

President Pervez Musharraf on Thursday showed full confidence in the country's defensive deterrence which is potent and much credible than ever before. "We shall continue to improve upon it," he reiterated while addressing the Armed Forces Officers of Isl
Published 20 Oct, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (October 19, 2006).

Published 20 Oct, 2006 12:00am
BRIndex30 up 36.51 points

BRIndex30 up 36.51 points

On Thursday, BRIndex30 opened at 12,079.62 with a positive gap of 46.82 points, closing at 12,069.31 with a change of 36.51 or 0.30 percent. The intra-day high and low were 12,132.50 and 11,991.79 respectively.
Published 20 Oct, 2006 12:00am
BRIndex30 up 36.51 points

BRIndex30 up 36.51 points

On Thursday, BRIndex30 opened at 12,079.62 with a positive gap of 46.82 points, closing at 12,069.31 with a change of 36.51 or 0.30 percent. The intra-day high and low were 12,132.50 and 11,991.79 respectively.
Published 20 Oct, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 20 Oct, 2006 12:00am
No let-up in buying spree on KSE

No let-up in buying spree on KSE

Buying spree continued on the third consecutive day and the last session of Ramazan remained bullish with the benchmark KSE-100 index breaching 11,500 points psychological level. The KSE-100 share index gained 166.97 points to close at 11566.80 points lev
Published 20 Oct, 2006 12:00am
No let-up in buying spree on KSE

No let-up in buying spree on KSE

Buying spree continued on the third consecutive day and the last session of Ramazan remained bullish with the benchmark KSE-100 index breaching 11,500 points psychological level. The KSE-100 share index gained 166.97 points to close at 11566.80 points lev
Published 20 Oct, 2006 12:00am
No let-up in buying spree on KSE

No let-up in buying spree on KSE

Buying spree continued on the third consecutive day and the last session of Ramazan remained bullish with the benchmark KSE-100 index breaching 11,500 points psychological level. The KSE-100 share index gained 166.97 points to close at 11566.80 points lev
Published 20 Oct, 2006 12:00am
Mills predict 3.5 million tonnes sugar output in 2006-07

Mills predict 3.5 million tonnes sugar output in 2006-07

The Pakistan Sugar Mills Association (PSMA), in its annual review, has predicted 3.5 million tonnes of sugar production in 2006-07, season, one million tonnes more than the last year''s 2.5 million tonnes.
Published 20 Oct, 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 (October 19, 2006).

Published 20 Oct, 2006 12:00am
Mills predict 3.5 million tonnes sugar output in 2006-07

Mills predict 3.5 million tonnes sugar output in 2006-07

The Pakistan Sugar Mills Association (PSMA), in its annual review, has predicted 3.5 million tonnes of sugar production in 2006-07, season, one million tonnes more than the last year's 2.5 million tonnes.
Published 20 Oct, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (October 19, 2006).

Published 20 Oct, 2006 12:00am
Mills predict 3.5 million tonnes sugar output in 2006-07

Mills predict 3.5 million tonnes sugar output in 2006-07

The Pakistan Sugar Mills Association (PSMA), in its annual review, has predicted 3.5 million tonnes of sugar production in 2006-07, season, one million tonnes more than the last year's 2.5 million tonnes.
Published 20 Oct, 2006 12:00am
Eid moon may be sighted on October 23

Eid moon may be sighted on October 23

The new moon may be sighted on Monday, and Eid-ul-Fitr 1427 AH may fall on Tuesday. According to astronomical parameters, there is a slight chance of sighting the Eid moon on Monday. The moon will cross the conjunction line on Sunday, at 1014 Pakistan Sta
Published 20 Oct, 2006 12:00am
Eid moon may be sighted on October 23

Eid moon may be sighted on October 23

The new moon may be sighted on Monday, and Eid-ul-Fitr 1427 AH may fall on Tuesday. According to astronomical parameters, there is a slight chance of sighting the Eid moon on Monday. The moon will cross the conjunction line on Sunday, at 1014 Pakistan Sta
Published 20 Oct, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (October 19, 2006).

Published 20 Oct, 2006 12:00am
Commerce may notify revised list of importable items from India

Commerce may notify revised list of importable items from India

The commerce ministry is likely to notify revised positive list for allowing import of 312 new items from India, mainly raw material, surgical related equipment, homeopathic medicines, diesel locomotives, machinery and parts, saturated proply alcohol, ani
Published 20 Oct, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (October 19, 2006).
Published 20 Oct, 2006 12:00am
Commerce may notify revised list of importable items from India

Commerce may notify revised list of importable items from India

The commerce ministry is likely to notify revised positive list for allowing import of 312 new items from India, mainly raw material, surgical related equipment, homeopathic medicines, diesel locomotives, machinery and parts, saturated proply alcohol, ani
Published 20 Oct, 2006 12:00am
Commerce may notify revised list of importable items from India

Commerce may notify revised list of importable items from India

The commerce ministry is likely to notify revised positive list for allowing import of 312 new items from India, mainly raw material, surgical related equipment, homeopathic medicines, diesel locomotives, machinery and parts, saturated proply alcohol, ani
Published 20 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 Thursday (October 19, 2006).

Published 20 Oct, 2006 12:00am
Whole black Mash import suspended

Whole black Mash import suspended

Whole black matpe (Mash whole) import has been suspended due to rising prices in global market that has touched its ceiling during the last one-and-half months, trade sources told Business Recorder on Thursday.
Published 20 Oct, 2006 12:00am