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Print - 2006-12-11
Palestinian Prime Minister says elections would lead to unrest

Palestinian Prime Minister says elections would lead to unrest

Early Palestinian elections will lead to unrest, Palestinian Prime Minister Ismail Haniyeh said on Sunday after accusing President Mahmoud Abbas of trying to force his Hamas movement out of all government positions.
Published 11 Dec, 2006 12:00am
Gulf Arabs to signal if 2010 monetary union can work

Gulf Arabs to signal if 2010 monetary union can work

Gulf Arab leaders are expected to signal whether plans for monetary union by 2010 are feasible and raise concerns over growing Iranian influence in the region when they wrap up a summit meeting on Sunday.
Published 11 Dec, 2006 12:00am
Gunmen kill Shia families in Baghdad after raid

Gunmen kill Shia families in Baghdad after raid

Gunmen killed nine members of two Shia families in Baghdad on Sunday a day after militias raided a mixed neighbourhood and forced dozens of Sunni families to flee in a serious escalation of sectarian violence.
Published 11 Dec, 2006 12:00am
Army fans out across Bangladesh ahead of election

Army fans out across Bangladesh ahead of election

Troops took up positions around the Bangladeshi capital and in all major cities and towns on Sunday after the government ordered the deployment to ensure a peaceful run-up to elections next month. In Dhaka, soldiers entered the presidential compound, Bang
Published 11 Dec, 2006 12:00am
Sri Lanka shelling kills 41 civilians: rebels

Sri Lanka shelling kills 41 civilians: rebels

The number of civilians killed in two days of heavy shelling of rebel-held areas of Sri Lanka's northeast rose to 41, the Tamil Tiger rebels said Sunday. The Liberation Tigers of Tamil Eelam (LTTE) said 19 civilians were killed Sunday and that the number
Published 11 Dec, 2006 12:00am
BJP says US nuclear bill 'humiliating'

BJP says US nuclear bill 'humiliating'

A bill that will allow the United States to sell nuclear technology to India compromises India's independence, its main opposition party said on Sunday, adding that the "humiliating" law should be rejected.
Published 11 Dec, 2006 12:00am
Major UN powers to debate how to punish Iran over nuclear work

Major UN powers to debate how to punish Iran over nuclear work

The debate over how to punish Iran for its refusal to suspend sensitive nuclear fuel work resumes in New York Monday with Western diplomats confident that the UN Security Council will approve targeted sanctions against Tehran by Christmas.
Published 11 Dec, 2006 12:00am
Gunmen kill 30 civilians in Darfur-UN

Gunmen kill 30 civilians in Darfur-UN

Gunmen on horseback attacked a truck carrying medicine and aid in Sudan's war-ravaged Darfur region and killed around 30 civilians on board, some of whom were burned alive, the United Nations said on Sunday.
Published 11 Dec, 2006 12:00am
'Improved hygiene can prevent UTI'

'Improved hygiene can prevent UTI'

Urinary Tract Infection (UTI) is very common in the community and that there is a need to improve overall hygiene as part of its prevention. This was pointed out at a Continued Medical Education (CME) programme at the Liaquat National Institute of Kidney
Published 11 Dec, 2006 12:00am
Chief Justice addresses PBC members

Chief Justice addresses PBC members

The Chief Justice of Pakistan, Justice Iftikhar Muhammad Chaudhry, has said the challenges faced by the judiciary were equally important for the bar and the bench and asked the bar members to come ahead to dispense justice to the poor people of the countr
Published 11 Dec, 2006 12:00am
Temporary homeless in US face tough choices

Temporary homeless in US face tough choices

Sanovia Stevenson's story is like a song from the blues: came to the big city in search of a job. Wound up homeless and sleeping in a shelter. Her experience is typical of thousands across America, the wealthiest nation on earth, who are drawn to big citi
Published 11 Dec, 2006 12:00am
Planning tobacco crop 2007 in Pakistan

Planning tobacco crop 2007 in Pakistan

Tobacco is a crop of myriad aspects. Not only does it involve scientific treatment, but requires special attention by the producers during the growth, curing and marketing stages. This crop possesses considerable economic significance and its impact on th
Published 11 Dec, 2006 12:00am
Turning a deaf ear

Turning a deaf ear

My residential telephone number 4658307 (Bungalow No C-18, Block 1, Street 3, Chapal Sun City, Off. Saforah Chowrangi, Gulshan Town, Karachi) is out of order for the last two weeks. When I tried registering my complaint on 18, they informed me that 18 doe
Published 11 Dec, 2006 12:00am
MMA's reality

MMA's reality

This is with reference to MMA's failure to deliver resignations on 7th December as proudly announced by Qazi Hussain Ahmad, is a huge political setback for him and MMA. Qazi Hussain Ahmad announced so many times that there are no differences on resignatio
Published 11 Dec, 2006 12:00am
Global competitiveness of garment industry

Global competitiveness of garment industry

This is with reference to the article published in Business Recorder "Global competitiveness of Garment Industry" dated 18th November 2006. First of all I would like to extend my commendation to the writer for writing such a detailed and factual re
Published 11 Dec, 2006 12:00am
Rover's diary: strong economy is a better defence

Rover's diary: strong economy is a better defence

Mixed evaluation of Pakistan's economy, first by the State Bank of Pakistan, then by the World Bank and IMF, has dominated the discussion in the corporate sector. The government is saying look at the half glass full of appreciation and over 6% growth pote
Published 11 Dec, 2006 12:00am
Government sharing oil price burden

Government sharing oil price burden

Shaukat Aziz regime, as it is committed to bringing about an economic turnaround in line with President Pervez Musharraf's vision, has made it a point to give maximum relief to the common man, especially in the prices and tariffs of essential commodities
Published 11 Dec, 2006 12:00am
The new Silk Road opportunities for Asia and the Gulf

The new Silk Road opportunities for Asia and the Gulf

The Silk Road between Asia and the Middle East was, until the 13th century, among the world's most important trade routes. Trade and investment are once again flowing between these regions after 700 years when merchants looked instead mainly to Europe and
Published 11 Dec, 2006 12:00am
IMF report on Pakistan for 2006

IMF report on Pakistan for 2006

Introduction: Pakistan's economic performance since 2001/02 has been impressive. Growth has accelerated, improvements in public spending and wide-ranging structural reforms have reduced the debt burden and increased efficiency, and pro-poor
Published 11 Dec, 2006 12:00am
IMF report on Pakistan for 2006

IMF report on Pakistan for 2006

Introduction: Pakistan's economic performance since 2001/02 has been impressive. Growth has accelerated, improvements in public spending and wide-ranging structural reforms have reduced the debt burden and increased efficiency, and pro-poor
Published 11 Dec, 2006 12:00am
To resign or not to resign

To resign or not to resign

After deliberating the question for two days on whether or not to resign from the assemblies as per the MMA's earlier announcement to do so in the event the government went ahead to pass the Women's Protection Bill, the alliance's parliamentary party lead
Published 11 Dec, 2006 12:00am
Refinance for exports

Refinance for exports

Decline in exports during the current fiscal year so far is one of the major areas of concern. In order to establish that the banking system was not responsible for such a trend, the State Bank on 5th December issued a statement saying that the export ref
Published 11 Dec, 2006 12:00am
MMA Punjab to hold convention today

MMA Punjab to hold convention today

MMA Punjab is holding a convention of its members at Rawalpindi press Club at 10 am today. Amir Jamat-e-Islami Punjab chapter and MMA Deputy Secretary General Liaquat Baloch will address the convention.
Published 11 Dec, 2006 12:00am
Galyat, Kaghan experience snow and rain

Galyat, Kaghan experience snow and rain

The second phase of rains and snow falling began in Hazara region especially in quake affected areas on Sunday. Six inches snowfall was received in Galyat and Kaghan valley of district Abbottabad and Mansehra so far. Reports of raining and snow falling ha
Published 11 Dec, 2006 12:00am
Smeda sets up women business incubation center

Smeda sets up women business incubation center

Small and Medium Enterprise Development Authority (Smeda) has established "Women Business Incubation Center" (WBIC) at Lahore for nurturing and supporting Women Owned or Managed Businesses.
Published 11 Dec, 2006 12:00am
Indonesian cultural troupe enthralls audience

Indonesian cultural troupe enthralls audience

The Indonesian Geronimo popular cultural troupe gave a scintillating performance comprising classical and modern Indonesian dances, songs and music on the last leg of their Pakistan tour at the Bahria Auditorium in Karachi on Saturday evening.
Published 11 Dec, 2006 12:00am
SME sector's promotion stressed

SME sector's promotion stressed

The Rahnuma Committee for Small & Medium Enterprises Welfare (RC-SMEW) submitted a proposal to Sinh Chief Minister Dr Arbab Ghulam Rahim on Sunday for rapid promotion and development of the SME sector in Sindh.
Published 11 Dec, 2006 12:00am
Al Mawarid workshop ends

Al Mawarid workshop ends

The concluding session of a four-day training workshop titled "Deem-Haq", organised by Al-Mawarid, an Islamic education research organisation, was held in the provincial capital, where well-known Islamic scholar Javed Ahmed Ghamidi was the chief guest.
Published 11 Dec, 2006 12:00am
PIO fetes journalists

PIO fetes journalists

The Principal Information Officer of the Press Information Department of the Ministry of Information and Broadcasting in Islamabad Mr Rashid Ahmed hosted a luncheon here on Sunday in honour of the newspaper editors and senior journalists at the Pearl Cont
Published 11 Dec, 2006 12:00am
Multan to get modern operation theatres at MIC: minister

Multan to get modern operation theatres at MIC: minister

Punjab minister for Chief Minister's Inspection Team (CMIT) Colonel Shuja Khanzada (retd) said on Saturday that modern filter system will be installed at operation theatres of Multan Institute of Cardiology (MIC) to bring infection risk to less than one p
Published 11 Dec, 2006 12:00am
Education vital to curb corruption: Ameer

Education vital to curb corruption: Ameer

Speaker National Assembly Chaudhry Ameer Hussain has said that it is the responsibility of every individual and institution to emphasise on education and character building of young generations, which would help eliminate corruption from society in future
Published 11 Dec, 2006 12:00am
Pak-China joint military exercise from December 11

Pak-China joint military exercise from December 11

A contingent of the People's Liberation Army (PLA) arrived here on Sunday at Pakistan Air Force Base Chaklala to participate in the joint exercise "Friendship 2006". This will be China's first ever joint-military exercise out side China
Published 11 Dec, 2006 12:00am
CDA to launch three new residential sectors

CDA to launch three new residential sectors

The Capital Development Authority (CDA) will launch three new sectors - D-13, E-13 and F-13 - early next year in the federal capital, a CDA official said on Sunday. The CDA Chairman Kamran Lashari has directed the land directorate of the authority to expe
Published 11 Dec, 2006 12:00am
Police foil Jamaat-e-Islami protest in Faisalabad

Police foil Jamaat-e-Islami protest in Faisalabad

Police have dispersed the motorcyclists rally of Jamaat-e-Islami (JI) and Shabab-e-Milli workers by resorting mild lathicharge at Saleemi Chowk and arrested more than one dozen activists and about a hundred motorcycles were taken into custody, here on Sun
Published 11 Dec, 2006 12:00am
No drastic change in grain, kiryana prices

No drastic change in grain, kiryana prices

Monday and subsequent days trading on the wholesale commodity markets suffered normal going due to rains and shivering cold. The week ended on December 9, 2006 where moong managed sharp rise while other items had modest to substantial fluctuations, beside
Published 11 Dec, 2006 12:00am
Businessmen Panel chief thanks traders

Businessmen Panel chief thanks traders

Chairman Businessmen Panel, Tariq Sayeed has said the panel's sweeping victory in the nation-wide elections of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) held simultaneously on December 07 and 09, reflected its popularity and confiden
Published 11 Dec, 2006 12:00am
Mills, spinners opt for hectic buying on crop size, quality concerns

Mills, spinners opt for hectic buying on crop size, quality concerns

The cotton buying took panic shape after first day's slump due to rain and cold spell when modest buying was seen. But the venture by some to predict more imports near 2.5 million bales restrained ginners to hold prices steady spot rate was unchanged at R
Published 11 Dec, 2006 12:00am
Mills, spinners opt for hectic buying on crop size, quality concerns

Mills, spinners opt for hectic buying on crop size, quality concerns

The cotton buying took panic shape after first day's slump due to rain and cold spell when modest buying was seen. But the venture by some to predict more imports near 2.5 million bales restrained ginners to hold prices steady spot rate was unchanged at R
Published 11 Dec, 2006 12:00am
Cop shot dead

Cop shot dead

A Police Constable, Tauqeer Qamar posted in Police Post Madina Town was shot dead by unknown persons in mysterious situation in area of Chak Jhumra Police Station. Some unknown persons invited Tauqeer on mobile phone to attend Nimaz-e-Jenaza at graveyard
Published 11 Dec, 2006 12:00am
Business Recorder staffer grieved

Business Recorder staffer grieved

The mother of Ahmed Malik, staff reporter, Business Recorder, died of heart ailment at the Jinnah Post-Graduate Medical Centre (JPMC) here on Sunday.
Published 11 Dec, 2006 12:00am
'All segments of society must engage in efforts to end corruption'

'All segments of society must engage in efforts to end corruption'

DG Anti Corruption, Punjab, Brigadier Muhammad Aslam Ghumman (Retd) has said that all segments of society would have to engage in a sincere exercise of self appraisal for eliminating corruption from the society and this task would start with everyone brin
Published 11 Dec, 2006 12:00am
Nawaz completes six years in exile

Nawaz completes six years in exile

Pakistan Muslim League-Nawaz (PML-N) Multan district President Allah Nawaz Khan Durrani said that Supreme Court of Pakistan should take suo motu notice against the forced exile of former prime minister of Pakistan Mian Muhammad Nawaz Sharif's six years ag
Published 11 Dec, 2006 12:00am
PPP not to choose back door for coming to power: Qureshi

PPP not to choose back door for coming to power: Qureshi

President Pakistan Peoples Party-Parliamentarians Punjab Makhdoom Shah Mehmood Qureshi while alleging the government for its failed policies and consequent poor condition poverty-stricken masses, has said if the dollar appreciates, then petrol prices go u
Published 11 Dec, 2006 12:00am
Pakistanis still groping for rights: Benazir

Pakistanis still groping for rights: Benazir

Former prime minister and PPP Chairperson, Benazir Bhutto, has said that as a nation we are still in search of the rights that God gave us and the 1973 Constitution envisaged. She said this in a message to a seminar on human rights held here on Sunday.
Published 11 Dec, 2006 12:00am
'Rickshaw scheme to reduce poverty'

'Rickshaw scheme to reduce poverty'

National Bank President Syed Ali Raza has said that rickshaw scheme for educated youth under the employment scheme announced President Musharraf will have a positive impact on country's economy and help in poverty reduction in the country.
Published 11 Dec, 2006 12:00am
'Livestock makes up 12 percent of total exports'

'Livestock makes up 12 percent of total exports'

Livestock plays an important role in national economy as it contributes 38 percent to agriculture GDP and makes up 12 percent of the total exports of the country.
Published 11 Dec, 2006 12:00am
PHDEB develops strategy to enhance horticulture exports

PHDEB develops strategy to enhance horticulture exports

Pakistan Horticulture Development and Export Board (PHDEB) has developed a five-year strategy to enhance the exports of fruit, vegetable and flowers to the level of 500 million dollars by the year 2011-12. Pakistan's horticulture exports presently stand a
Published 11 Dec, 2006 12:00am
PBC asks Chief Justice to ensure safety of Dr Qadeer

PBC asks Chief Justice to ensure safety of Dr Qadeer

The Punjab Bar Council (PBC) has called upon the Chief Justice of Pakistan to ensure care of health, liberty of moment to Dr Qadeer Khan and take suo motu notice directing the authorities for his medical check up.
Published 11 Dec, 2006 12:00am
Sialkot to modernise sports industry

Sialkot to modernise sports industry

Small and Medium Enterprise Development Authority (Smeda) on Sunday prepared a strategy to modernise sports goods industry especially the soccer ball manufacturing sector enabling it to cope with new challenges of global market.
Published 11 Dec, 2006 12:00am
Cold, dry weather forecast

Cold, dry weather forecast

Meteorological Office has forecast cold and dry weather for Karachi with minimum temperature ranging between 12 to 14 degree centigrade during the next 24 hours.
Published 11 Dec, 2006 12:00am
Baqai felicitated for presidential award

Baqai felicitated for presidential award

Baqai Institute of Diabetology and Endocrinology (BIDE) here on Saturday organised a special ceremony to felicitate Prof Fariduddin Baqai who was only a few days back endowed with Life Achievement Award by President Pervez Musharraf.
Published 11 Dec, 2006 12:00am
Ignoring woes of Karachi commuters may prove costly

Ignoring woes of Karachi commuters may prove costly

Karachi in 1986 witnessed the first transport riots when a student, Bushra Zaidi, died in a road accident after falling from an overcrowded public transport bus. Ironically, after 20 years, the condition of chaotic public transport system has not changed,
Published 11 Dec, 2006 12:00am
Foundation of KIHD Phase II laid

Foundation of KIHD Phase II laid

City Nazim Syed Mustafa Kamal has laid foundation stone for the construction of Karachi Institute of Heart Diseases (KIHD) Phase II worth Rs 400 million and also announced the procurement of latest machinery (Multi-slice CT-angio) worth Rs 120 million wit
Published 11 Dec, 2006 12:00am
Arbab to pay surprise visits to schools

Arbab to pay surprise visits to schools

Sindh Chief Minister, Dr Arbab Ghulam Rahim has said that he would pay surprise visits to the schools in the province. This will help identify the 'ghost' schools and that action would be initiated in such cases.
Published 11 Dec, 2006 12:00am
LPC arranges zoo visit

LPC arranges zoo visit

The Lahore Press Club (LPC) arranged a visit of the zoo for its members and their families on Sunday. LPC governing body member Farzana Chaudhry and Director Lahore Zoo Yousuf Paul welcomed the guests.
Published 11 Dec, 2006 12:00am
PML observes Human Rights Day

PML observes Human Rights Day

Pakistan Muslim League Sunday on observed Human Rights Day with the determination to continue its efforts in order to ensure people's rights at every level.
Published 11 Dec, 2006 12:00am
International moot on All India Muslim League from 18th

International moot on All India Muslim League from 18th

President General Pervez Musharraf and Prime Minister Shaukat Aziz will be the chief guests in the three-day International Conference on All India Muslim League scheduled to be held on December 18-20.
Published 11 Dec, 2006 12:00am
PPP voices concern over forced disappearances

PPP voices concern over forced disappearances

Pakistan Peoples Party (PPP) has expressed its concern over rise in the incidents of forced disappearances across the country and blamed secret agencies for these illegal arrests and midnight abductions.
Published 11 Dec, 2006 12:00am
Balochs repose full trust in President: Durrani

Balochs repose full trust in President: Durrani

Federal Minister for Information and Broadcasting Muhammad Ali Durrani has said that people of Balochistan have reposed full confidence in the leadership of President General Pervez Musharraf and acknowledged his steps for the development of their provinc
Published 11 Dec, 2006 12:00am
No amendment to be made in WPA: Wasi

No amendment to be made in WPA: Wasi

Women Protection Act (WPA) is according to the Islamic spirit and only few disgruntled politicians are trying to make it a disputed legislation for their own vested political interests. Muhammad Wasi Zafar, Federal Minister for Law, Justice and Human Righ
Published 11 Dec, 2006 12:00am
Tahafuz-e-Hudood rally: strike call given for Friday

Tahafuz-e-Hudood rally: strike call given for Friday

Thousands of supporters of the religious parties held Tahafuz-e-Hudood Allah rally here on Sunday to protest the passage of women protection bill. Some 25,000 people attended the rally organised by the Ulema Committee and dispersed peacefully, a senior po
Published 11 Dec, 2006 12:00am
Corps Commander visits exercise area : ISPR

Corps Commander visits exercise area : ISPR

Corps Commander Lieutenant-General Shafaat Ullah Shah has underscored the need for extensive training in varied terrains under diverse weather conditions to further enhance the battle worthiness of the defending outfits.
Published 11 Dec, 2006 12:00am
Over 50 leather garment units closed down

Over 50 leather garment units closed down

More than 50 export-oriented leather-garment units have shut down their operations and have completely rolled back their Rs 2 billion investment after failing to compete with their rivals in the world market.
Published 11 Dec, 2006 12:00am
Over 50 leather garment units closed down

Over 50 leather garment units closed down

More than 50 export-oriented leather-garment units have shut down their operations and have completely rolled back their Rs 2 billion investment after failing to compete with their rivals in the world market.
Published 11 Dec, 2006 12:00am
Over 50 leather garment units closed down

Over 50 leather garment units closed down

More than 50 export-oriented leather-garment units have shut down their operations and have completely rolled back their Rs 2 billion investment after failing to compete with their rivals in the world market.
Published 11 Dec, 2006 12:00am
Tax officials again trying to get physical remand of Raja Zaraat

Tax officials again trying to get physical remand of Raja Zaraat

Top tax officials in Karachi are again trying their level best to get physical remand of the main culprit of the multimillion GST scam, Raja Zaraat, to assist the National Accountability Bureau (NAB) in carrying out proper investigation against the offici
Published 11 Dec, 2006 12:00am
Tax officials again trying to get physical remand of Raja Zaraat

Tax officials again trying to get physical remand of Raja Zaraat

Top tax officials in Karachi are again trying their level best to get physical remand of the main culprit of the multimillion GST scam, Raja Zaraat, to assist the National Accountability Bureau (NAB) in carrying out proper investigation against the offici
Published 11 Dec, 2006 12:00am
Tax officials again trying to get physical remand of Raja Zaraat

Tax officials again trying to get physical remand of Raja Zaraat

Top tax officials in Karachi are again trying their level best to get physical remand of the main culprit of the multimillion GST scam, Raja Zaraat, to assist the National Accountability Bureau (NAB) in carrying out proper investigation against the offici
Published 11 Dec, 2006 12:00am
Six perish in road mishap

Six perish in road mishap

In a dreadful crash between the two trucks on the Northern Bypass here, six persons hailing from Nawabshah perished, while 10 were injured.
Published 11 Dec, 2006 12:00am
Six perish in road mishap

Six perish in road mishap

In a dreadful crash between the two trucks on the Northern Bypass here, six persons hailing from Nawabshah perished, while 10 were injured.
Published 11 Dec, 2006 12:00am
Kashmiris protest "atrocities" on human rights day

Kashmiris protest "atrocities" on human rights day

Police in Indian Kashmir on Sunday detained at least 30 people protesting against alleged human rights violation by Indian security forces in the Himalayan region, police and witnesses said.
Published 11 Dec, 2006 12:00am
Top US team hopes for Christmas largesse in China

Top US team hopes for Christmas largesse in China

A stellar cast of US economic leaders heads to China this week to press for the world's manufacturing workshop to overhaul the desperately one-sided trade between the two nations.
Published 11 Dec, 2006 12:00am
LSE stays range-bound

LSE stays range-bound

Share prices moved randomly on the Lahore Stock Exchange (LSE) during the past week, as confusion over the issue of OGDC's GDS, enforcement of new risk management measures and to somehow MMA legislators resignations kept investors at distance, however, bu
Published 11 Dec, 2006 12:00am
LSE stays range-bound

LSE stays range-bound

Share prices moved randomly on the Lahore Stock Exchange (LSE) during the past week, as confusion over the issue of OGDC's GDS, enforcement of new risk management measures and to somehow MMA legislators resignations kept investors at distance, however, bu
Published 11 Dec, 2006 12:00am
Pak-India shipping service

Pak-India shipping service

After a gap of 30 years, India and Pakistan will restore cargo shipping services this week when they sign a revised protocol in the sector amid a flurry of high-level visits here from the neighbouring country in the coming days.
Published 11 Dec, 2006 12:00am
Pak-India shipping service

Pak-India shipping service

After a gap of 30 years, India and Pakistan will restore cargo shipping services this week when they sign a revised protocol in the sector amid a flurry of high-level visits here from the neighbouring country in the coming days.
Published 11 Dec, 2006 12:00am
Pak-India shipping service

Pak-India shipping service

After a gap of 30 years, India and Pakistan will restore cargo shipping services this week when they sign a revised protocol in the sector amid a flurry of high-level visits here from the neighbouring country in the coming days.
Published 11 Dec, 2006 12:00am
CFS investment up by Rs 800 million

CFS investment up by Rs 800 million

The Karachi Stock Exchange (KSE) during the week witnessed a rise in CFS investment by Rs 800 million. KSE figures showed that investments under CFS stood at Rs 35.70 billion against Rs 34.90 billion in the previous week, recording an increase of Rs 800 m
Published 11 Dec, 2006 12:00am
CFS investment up by Rs 800 million

CFS investment up by Rs 800 million

The Karachi Stock Exchange (KSE) during the week witnessed a rise in CFS investment by Rs 800 million. KSE figures showed that investments under CFS stood at Rs 35.70 billion against Rs 34.90 billion in the previous week, recording an increase of Rs 800 m
Published 11 Dec, 2006 12:00am
CFS investment up by Rs 800 million

CFS investment up by Rs 800 million

The Karachi Stock Exchange (KSE) during the week witnessed a rise in CFS investment by Rs 800 million. KSE figures showed that investments under CFS stood at Rs 35.70 billion against Rs 34.90 billion in the previous week, recording an increase of Rs 800 m
Published 11 Dec, 2006 12:00am
CFS investment up by Rs 800 million

CFS investment up by Rs 800 million

The Karachi Stock Exchange (KSE) during the week witnessed a rise in CFS investment by Rs 800 million. KSE figures showed that investments under CFS stood at Rs 35.70 billion against Rs 34.90 billion in the previous week, recording an increase of Rs 800 m
Published 11 Dec, 2006 12:00am
KSE-100 index up by 173 points

KSE-100 index up by 173 points

The Karachi stock market during last week ending on December 10, 2006, remained in the positive as the benchmark KSE-100 Index gained 173 points, or 1.7 percent, on the back of favourable developments on the privatisation front, closing at 10,562 points f
Published 11 Dec, 2006 12:00am
KSE-100 index up by 173 points

KSE-100 index up by 173 points

The Karachi stock market during last week ending on December 10, 2006, remained in the positive as the benchmark KSE-100 Index gained 173 points, or 1.7 percent, on the back of favourable developments on the privatisation front, closing at 10,562 points f
Published 11 Dec, 2006 12:00am
KSE-100 index up by 173 points

KSE-100 index up by 173 points

The Karachi stock market during last week ending on December 10, 2006, remained in the positive as the benchmark KSE-100 Index gained 173 points, or 1.7 percent, on the back of favourable developments on the privatisation front, closing at 10,562 points f
Published 11 Dec, 2006 12:00am
Market fundamentals to continue determining exchange rates: SBP

Market fundamentals to continue determining exchange rates: SBP

The State Bank of Pakistan Governor, Dr Shamshad Akhtar, said on Sunday that Pakistan''s exchange rates regime had been determined and would continue to be determined by market fundamentals. She was addressing a press conference in SBP Board Room in the a
Published 11 Dec, 2006 12:00am
Market fundamentals to continue determining exchange rates: SBP

Market fundamentals to continue determining exchange rates: SBP

The State Bank of Pakistan Governor, Dr Shamshad Akhtar, said on Sunday that Pakistan's exchange rates regime had been determined and would continue to be determined by market fundamentals. She was addressing a press conference in SBP Board Room in the af
Published 11 Dec, 2006 12:00am