The Employees Old-Age Benefits Institution (EOBI) suffered a loss of Rs 12.928 million by accepting Term Finance Certificates totalling Rs 50 million (face value) in full and final settlement of institution's subordinated loan to Universal Leasing Corpora
The overall sales volume of oil marketing companies (OMC) in the country for the first half of FY07 (July-December 2006) rose by 19 percent to 8,521,000 tons compared to 7,185,000 tons recorded during the corresponding period of last year.
The overall sales volume of oil marketing companies (OMC) in the country for the first half of FY07 (July-December 2006) rose by 19 percent to 8,521,000 tons compared to 7,185,000 tons recorded during the corresponding period of last year.
The overall sales volume of oil marketing companies (OMC) in the country for the first half of FY07 (July-December 2006) rose by 19 percent to 8,521,000 tons compared to 7,185,000 tons recorded during the corresponding period of last year.
The Karachi Stock Exchange (KSE) has approved the application for formal listing and quotation of certificates of the BMA Principal Guaranteed Fund-1 on completion of all formalities required under the Listing Regulations of the exchange.
The Karachi Stock Exchange (KSE) has approved the application for formal listing and quotation of certificates of the BMA Principal Guaranteed Fund-1 on completion of all formalities required under the Listing Regulations of the exchange.
The Karachi Stock Exchange (KSE) has approved the application for formal listing and quotation of certificates of the BMA Principal Guaranteed Fund-1 on completion of all formalities required under the Listing Regulations of the exchange.
The Central Board of Revenue (CBR) has dispatched the final report of Association of Tax Authorities of Islamic Countries (ATAIC) to its members for adopting a uniform voluntary compliance strategy, raise tax-to-GDP ratio and adopt a uniform system of Zak
The Central Board of Revenue (CBR) has dispatched the final report of Association of Tax Authorities of Islamic Countries (ATAIC) to its members for adopting a uniform voluntary compliance strategy, raise tax-to-GDP ratio and adopt a uniform system of Zak
The Central Board of Revenue (CBR) has dispatched the final report of Association of Tax Authorities of Islamic Countries (ATAIC) to its members for adopting a uniform voluntary compliance strategy, raise tax-to-GDP ratio and adopt a uniform system of Zak
President General Pervez Musharraf discussed the deteriorating situation in the Middle East with particular reference to the Palestinian issue with Turkish leaders.
President General Pervez Musharraf discussed the deteriorating situation in the Middle East with particular reference to the Palestinian issue with Turkish leaders.
Officiating City Nazim Nasreen Jalil has asked the nazimeen of union councils to attend majalis and processions taking place in their respective jurisdictions to ensure peace and harmony among different sects of Muslims living in their areas.
Airblue, a premier private airline of Pakistan, has announced plans to launch its first long-haul international operation between Islamabad and UK's fastest growing city, Manchester, in the middle of May this year.
Unilever Pakistan Limited (UPL) has announced a final dividend of Rs 57 per ordinary share of Rs 50 for the year ended December 31, 2007. Together with the interim dividend of Rs 65 already paid the total distribution for the year 2006 amounts to Rs 122 p
Unilever Pakistan Limited (UPL) has announced a final dividend of Rs 57 per ordinary share of Rs 50 for the year ended December 31, 2007. Together with the interim dividend of Rs 65 already paid the total distribution for the year 2006 amounts to Rs 122 p
Monopoly Control Authority (MCA) has served another show cause notice on M/s Unilever Pakistan Ltd for non-compliance to authority's order dated December 19, and the continued silence over MCA's notices.
Microsoft Pakistan trusts itself in the hands of a new Country Manager Kamal Ahmed, who has replaced Jawwad Rehman former Country Manager, Microsoft Pakistan on December 18, 2006.
Prime Minister Shaukat Aziz said Pakistan is improving the supply chain of daily use items and other products and hoped that with Metro Cash and Carry International coming to Pakistan government will achieve this objective.
Telecommunication Company Limited (PTCL) has signed a contract with Nadra to provide a Wireless Local Area Network (V-LAN) on its CDMA V WLL Network which will be opera table in entire Pakistan.
Federal Minister for Tourism, Nilofar Bakhtiar has said that the ministry will put in all efforts to make 'Visit Pakistan Year 2007', a huge success, as they are fully committed to have a strong presence of Pakistan in the map of world of tourism.
Prime Minister Shaukat Aziz has said that Pakistan was tapping all sources including hydel, nuclear and solar to meet its growing energy demands. Aziz said this while talking to Director General International Atomic Energy Agency (IAEA) Dr Mohamed M ElBar
The Pakistan Cotton Ginners Association (PCGA) has requested Minfal for fortnightly publishing cotton lint import figures, like seed-cotton arrivals report.
The Pakistan Cotton Ginners Association (PCGA) has requested Minfal for fortnightly publishing cotton lint import figures, like seed-cotton arrivals report.
The Pakistan Cotton Ginners Association (PCGA) has requested Minfal for fortnightly publishing cotton lint import figures, like seed-cotton arrivals report.
In order to expedite the coal development and averting energy crisis in the country a high level team of Asian Development Bank has visited the coal sites in Sindh. Sources told Business Recorder on Friday that on directives of Prime Minister Shauk
In order to expedite the coal development and averting energy crisis in the country a high level team of Asian Development Bank has visited the coal sites in Sindh. Sources told Business Recorder on Friday that on directives of Prime Minister Shauk
In order to expedite the coal development and averting energy crisis in the country a high level team of Asian Development Bank has visited the coal sites in Sindh. Sources told Business Recorder on Friday that on directives of Prime Minister Shauk
The work is nearing completion on the Second Flood Protection and Early Warning System Project, which will strengthen the existing system of Indus Basin.
The Fauji Fertiliser Company Limited (FFC) has announced the final cash dividend at Rs 3.90 per share ie 39 percent for the year ending on December 31, 2006. This was recommended by the board of directors of the company in a meeting held on Friday.
The Fauji Fertiliser Company Limited (FFC) has announced the final cash dividend at Rs 3.90 per share ie 39 percent for the year ending on December 31, 2006. This was recommended by the board of directors of the company in a meeting held on Friday.
Pakistan Kissan Board (PKB), Punjab on Friday demanded that the government reduce the prices of agricultural inputs, including electricity, gas, petroleum and fertilisers, by at least 50 percent so the agro products' prices could be decreased and the comm
Pak-Arab Fertilisers (Pvt) Limited, a joint venture of Arif Habib group and Fatima group, concluded a major financing deal worth $22 million with DEG - Deutsche Investitions-und Entwicklungsgesellschaft mbH, a renowned development financial institution of
Water and Power Development Authority (Wapda) will achieve its target of village electrification by providing electricity to 15,000 villages comprising at least 10 houses each by the end of June 2007, directly benefiting almost 500,000 people.
Cyprus's plans to launch oil and gas exploration in the east Mediterranean has triggered strong opposition from rival Turkish Cypriots, who say it could revive tension on the ethnically partitioned island.
Developments under Special Convertible Rupee Accounts (SCRAs) in the last few days witnessed movements in an opposite direction among at least two major investors, namely, the USA and the UK. While the UK continued disinvesting, the USA continued strength
Developments under Special Convertible Rupee Accounts (SCRAs) in the last few days witnessed movements in an opposite direction among at least two major investors, namely, the USA and the UK. While the UK continued disinvesting, the USA continued strength
Developments under Special Convertible Rupee Accounts (SCRAs) in the last few days witnessed movements in an opposite direction among at least two major investors, namely, the USA and the UK. While the UK continued disinvesting, the USA continued strength
Japanese consumer prices rose less than expected in December, adding to doubts about the Bank of Japan's ability to raise interest rates next month and sending the yen lower and bond futures to a one-month high.
Brazilian President Luiz Inacio Lula da Silva appealed on Friday for rich countries not to hold the developing world back by refusing to give ground in global trade talks which risk running out of time.
Nato said Friday it will stay the course in Kosovo amid renewed debate over its future status following the unveiling of a UN plan for the Serbian province.
The British government has warned European aerospace group EADS that it could lose military contracts worth billions of pounds if Airbus wing component work is handed to Germany or Spain instead of Britain, the Financial Times reported Friday.
A leading Zimbabwean politician warned journalists on Friday against forming an independent media council without the approval of the government, which has closed newspapers and arrested reporters.
Shia Hezbollah and allies held funerals on Friday for three activists shot dead during sectarian clashes in Beirut and called for unity among the Lebanese to stop their country sliding to civil war.
Bulls strengthened their position at the Islamabad Stock Exchange (ISE) on Friday where fresh buying spree in trend-setters moved the entire ready board in the upward direction amid increase in index. ISE-10 Index showed an improvement of 14.94 points fro
Bulls strengthened their position at the Islamabad Stock Exchange (ISE) on Friday where fresh buying spree in trend-setters moved the entire ready board in the upward direction amid increase in index. ISE-10 Index showed an improvement of 14.94 points fro
Share prices maintained the rising tempo on last trading day of the week on Lahore Stock Exchange (LSE) where banking sector again took the lead and helped the market record fresh gains with further improvement in turnover.
Share prices maintained the rising tempo on last trading day of the week on Lahore Stock Exchange (LSE) where banking sector again took the lead and helped the market record fresh gains with further improvement in turnover.
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
Officials from Iran, India and Pakistan have agreed on the pricing formula for export of gas from Iranian to meet India''s burgeoning energy demands, an Iranian oil official said on Friday.
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
Officials from Iran, India and Pakistan have agreed on the pricing formula for export of gas from Iranian to meet India's burgeoning energy demands, an Iranian oil official said on Friday.