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Print - 2007-02-28
Job cuts loom as Airbus prepares to detail reforms

Job cuts loom as Airbus prepares to detail reforms

Airbus will spell out its controversial Power8 restructuring plan on Wednesday after meeting labour leaders, the troubled planemaker said on Tuesday. Hurt by the costly delay of its A380 superjumbo and a weak dollar, Airbus needs to lower costs and streng
Published 28 Feb, 2007 12:00am
Thai share prices dip

Thai share prices dip

Thai share prices closed 0.69 percent lower on Tuesday amid fears of new political turmoil as Thailand's junta threatened to prosecute the head of ousted premier Thaksin Shinawatra's party, dealers said.
Published 28 Feb, 2007 12:00am
Jakarta stocks tumble

Jakarta stocks tumble

Jakarta share prices closed 1.11 percent lower on Tuesday amid heavy late selling, dealers said. The fall was prompted by weakness in key regional markets and caution ahead of the release of February consumer price data due later this week, they added.
Published 28 Feb, 2007 12:00am
Singapore shares plunge

Singapore shares plunge

Singapore share prices plunged 2.29 percent on Tuesday in line with big falls in Hong Kong and China markets, dealers said. They said the market posted its biggest one-day decline since May as investors took profits after a record-breaking run.
Published 28 Feb, 2007 12:00am
US Treasuries gain on Iran worry

US Treasuries gain on Iran worry

US Treasury prices climbed on Monday as rising Iran tensions and a comment from ex-Federal Reserve Chairman Alan Greenspan that a recession is possible added to safe-haven flows from subprime mortgage market woes.
Published 28 Feb, 2007 12:00am
US Treasuries gain on Iran worry

US Treasuries gain on Iran worry

US Treasury prices climbed on Monday as rising Iran tensions and a comment from ex-Federal Reserve Chairman Alan Greenspan that a recession is possible added to safe-haven flows from subprime mortgage market woes.
Published 28 Feb, 2007 12:00am
US stocks sag as oil's rise

US stocks sag as oil's rise

US stocks skidded on Monday as resurgent economic worries and a jump in oil prices outweighed investors' excitement about a proposed bid for Texas power company TXU Corp which would be the largest private-equity buyout ever.
Published 28 Feb, 2007 12:00am
Hong Kong shares close 1.8 percent down

Hong Kong shares close 1.8 percent down

Hong Kong blue chips slid 1.8 percent on Tuesday after earlier hitting four-week lows, as steep falls in mainland stocks sparked a sell-off, with the recent high-flying resource stocks hit hard.
Published 28 Feb, 2007 12:00am
Philippines shares drop

Philippines shares drop

Philippines share prices closed 1.44 percent lower on Tuesday on investor concern over rising oil prices, dealers said. They said most blue chips ended in the red, led by Philippine Long Distance Telephone Co (PLDT), although last-minute bargain-hunting l
Published 28 Feb, 2007 12:00am
Taiwan stocks finish firmer

Taiwan stocks finish firmer

Taiwan shares edged up 0.02 percent on Tuesday to a fresh one-month closing high, as shares like contract chip makers TSMC and UMC rose in hopes of more gains in the second quarter for the tech sector.
Published 28 Feb, 2007 12:00am
Wal-Mart inks $1 billion China retail acquisition

Wal-Mart inks $1 billion China retail acquisition

Wal-Mart Stores Inc, the world's biggest retailer, struck a $1 billion deal to take over a Chinese rival by 2010, challenging Carrefour as the largest operator of super-centres in booming China.
Published 28 Feb, 2007 12:00am
Bangladesh seeks World Bank loan for waterways

Bangladesh seeks World Bank loan for waterways

Bangladesh is seeking $300 million in loans from the World Bank to develop its inland waterways, a senior official said on Tuesday. "Rivers are the gift of nature, but we fail to reap benefits from them for they are often polluted and silted," said Sunil
Published 28 Feb, 2007 12:00am
Hyundai to build first South Korea rocket launch pad

Hyundai to build first South Korea rocket launch pad

Hyundai Heavy Industries, the world's largest shipbuilder, said Tuesday it had won an order to build South Korea's first space rocket launch pad. The contract from the Korea Aerospace Research Institute calls for a launch platform and related facilities a
Published 28 Feb, 2007 12:00am
Tokyo stocks decline

Tokyo stocks decline

The Nikkei shed 0.52 percent on Tuesday, halting a three-session winning streak, as property shares such as Mitsubishi Estate Co Ltd slid on concern that their prices may have outpaced their potential earnings, while a firmer yen prompted selling of some
Published 28 Feb, 2007 12:00am
Unions fear 10,000 layoffs, threaten strike

Unions fear 10,000 layoffs, threaten strike

Airbus unions threatened strike action on Tuesday over job losses which they fear could affect 10,000 posts at the troubled EADS jetmaker subsidiary. "We fear that the figure will go up to 10,000 ... We fear it is serious that 10,000 jobs will be lost," E
Published 28 Feb, 2007 12:00am
EU takeover rules blocked by 'protectionist' states

EU takeover rules blocked by 'protectionist' states

European Union rules on take-overs have failed to bring down barriers to cross-border deals but they will not be changed any time soon, the EU's executive body said on Tuesday. The rules were heavily watered down by the European Parliament and member coun
Published 28 Feb, 2007 12:00am
Danish social model can't be emulated: OECD chief

Danish social model can't be emulated: OECD chief

Denmark's social model, set by the European Commission as an example for EU states to follow, cannot be emulated in most other countries, OECD Secretary-General Angel Gurria said on Tuesday.
Published 28 Feb, 2007 12:00am
EU ministers urge inflation-friendly pay deals

EU ministers urge inflation-friendly pay deals

European finance ministers sent wage earners a blunt message on Tuesday - it is fair to seek a share of soaring company profits, but don't overdo it or inflation will rise and everyone could lose out.
Published 28 Feb, 2007 12:00am
US durable goods orders tumble

US durable goods orders tumble

New orders for US-made durable goods fell by a much sharper-than-expected 7.8 percent in January as non-defence goods orders saw their biggest monthly decline ever, a government report showed on Tuesday. A steep drop in orders for Boeing Co airliners help
Published 28 Feb, 2007 12:00am
Bangladesh foreign exchange reserves hit all-time high

Bangladesh foreign exchange reserves hit all-time high

Bangladesh's foreign currency reserves hit a record above four billion dollars Tuesday on the back of booming exports and earnings sent home by workers living abroad, the central bank said. "The reserve hit an all-time high figure of 4.09 billion dollars
Published 28 Feb, 2007 12:00am
China weighs adopting new QFII formula

China weighs adopting new QFII formula

Foreign investors will be allowed to plough a lot more money into China's stock market under a proposed new formula for determining inbound portfolio investment, a regulatory source said on Tuesday.
Published 28 Feb, 2007 12:00am
Myanmar awards gas exploration deal to Daewoo

Myanmar awards gas exploration deal to Daewoo

Military-ruled Myanmar has awarded another contract to South Korean conglomerate Daewoo International Corp to explore for natural gas in the Gulf of Bengal, state media said Tuesday. The new contract is to explore in a block of deep water off Myanmar's Ar
Published 28 Feb, 2007 12:00am
Malaysian palm oil slips

Malaysian palm oil slips

Malaysian crude palm oil futures closed down 1.2 percent on Tuesday as players booked profits after three straight days of gains. Dealers said the market was waiting for February export numbers to be released by cargo surveyors on Wednesday.
Published 28 Feb, 2007 12:00am
CBOT rice closes firm

CBOT rice closes firm

Rough rice futures on the Chicago Board of Trade ended firm on Monday with spreading featured, traders said. March rice ended 3-1/2 cents firmer at $10.22 per hundredweight, with the back months steady to up 2 cents.
Published 28 Feb, 2007 12:00am
China to set up TT academies

China to set up TT academies

China is setting up a string of academies at top universities to secure a stream of talented young players in the face of huge changes to Chinese society, table tennis chief Cai Zhenhua has said.
Published 28 Feb, 2007 12:00am
Iran kills three Kurdish rebel chiefs

Iran kills three Kurdish rebel chiefs

Iranian forces have killed three local chiefs of a Kurdish rebel group that has been involved in deadly clashes with the military close to the Turkish border, a commander said on Tuesday.
Published 28 Feb, 2007 12:00am
Filmmaker claims discovery of Jesus tomb

Filmmaker claims discovery of Jesus tomb

A documentary by "Titanic" director James Cameron claims to have found the burial site of the biblical Jesus and his alleged wife and son in an ancient family cemetery in Jerusalem.
Published 28 Feb, 2007 12:00am
India denies wrongdoing in arms scandal

India denies wrongdoing in arms scandal

India's prime minister denied wrongdoing on Tuesday by his Congress government over delays in seeking to extradite from Argentina an Italian businessman wanted in an arms kickback scandal.
Published 28 Feb, 2007 12:00am
Brown proposes community work for would-be UK citizens

Brown proposes community work for would-be UK citizens

Britain's likely next prime minister, Gordon Brown, said Tuesday that immigrants who want citizenship could face doing community service as part of a Britishness "contract". Finance minister Brown added that issues such as Muslim extremism in Britain have
Published 28 Feb, 2007 12:00am
Italian Prime Minister faces confidence vote

Italian Prime Minister faces confidence vote

Italian Prime Minister Romano Prodi was set to defend his government's record before the Senate Tuesday on the eve of a confidence vote that could decide his political future.
Published 28 Feb, 2007 12:00am
Police informer tells Madrid trial he warned of explosives trade

Police informer tells Madrid trial he warned of explosives trade

A Moroccan man who acted as a police informer and stands accused of supplying explosives used in the March 2004 Madrid train bombings said Tuesday he told police several times about explosives trafficking in the months prior to Spain's worst terror attack
Published 28 Feb, 2007 12:00am
Fourth Frenchman dies after Saudi ambush

Fourth Frenchman dies after Saudi ambush

A French teenager wounded in an attack that killed three compatriots in Saudi Arabia lost his fight for life Tuesday amid shock over the first strike against Westerners in months.
Published 28 Feb, 2007 12:00am
Hong Kong tightens security at airport

Hong Kong tightens security at airport

Travellers through Hong Kong's airport will face tougher security checks from next month when new anti-terror searches of drinks and liquids are introduced, the government said Tuesday.
Published 28 Feb, 2007 12:00am
Abdul Razzaq out, Umar Gul cleared

Abdul Razzaq out, Umar Gul cleared

Injury-hit Pakistan suffered a fresh World Cup blow Tuesday when allrounder Abdul Razzaq was ruled out for three weeks with a fractured knee. Razzaq was hit on the left knee by a ball during practice on Monday and doctors have advised him to take three we
Published 28 Feb, 2007 12:00am
All-out efforts to get laurels for country: Inzamam

All-out efforts to get laurels for country: Inzamam

The final decision pertaining to inclusion or dropping of pacers Shoaib Akhtar, Muhammad Asif and Umer Gul in the final line-up of Pakistan cricket team for World Cup 2007 will be made on Wednesday on receipt of reports of the doctors.
Published 28 Feb, 2007 12:00am
FA charge Arsenal and Chelsea after Cup final brawl

FA charge Arsenal and Chelsea after Cup final brawl

The English Football Association charged Arsenal and Chelsea with misconduct on Tuesday following the mass brawl in stoppage time that marred Sunday's League Cup final which ended in a 2-1 victory for Chelsea. Arsenal's Emmanuel Eboue has been charged wit
Published 28 Feb, 2007 12:00am
German starlet chokes in Qatar

German starlet chokes in Qatar

Seventh seeded Anna-Lena Groenefeld of Germany was eliminated by Ukraine's Kateryna Bondarenko in a tight three setter 7-5, 4-6, 6-3 in the first round of the 1.34 million dollar Qatar Open here on Tuesday.
Published 28 Feb, 2007 12:00am
Iran, Syria and US to attend Baghdad talks: Iraq

Iran, Syria and US to attend Baghdad talks: Iraq

Officials from regional states including Iran and Syria will join US and British envoys at a meeting in Baghdad next month to seek ways to stabilise Iraq, Iraqi Foreign Minister Hoshiyar Zebari said on Tuesday.
Published 28 Feb, 2007 12:00am
Courier service helps Pakistan fans get World Cup visas

Courier service helps Pakistan fans get World Cup visas

West Indies authorities have appointed a special courier service to help Pakistani fans get visas for travel to the Caribbean for next month's World Cup, the Pakistan Cricket Board said Tuesday.
Published 28 Feb, 2007 12:00am
Four threats to Australia's World Cup defence: Hussey

Four threats to Australia's World Cup defence: Hussey

Batsman Mike Hussey believes four teams will be the main threats to Australia when they defend their World Cup title in the West Indies. "I think the South Africans are obviously a very, very well drilled unit, Sri Lanka, I think are going to be very dang
Published 28 Feb, 2007 12:00am
Hong Kong dollar falls

Hong Kong dollar falls

The Hong Kong dollar weakened on Tuesday, weighed down by a decline in the city's stock market and some arbitrage trades. The domestic currency fell as low as 7.8135 against the US dollar before trading back to 7.8121/24, down from 7.8091/93 in late Asia
Published 28 Feb, 2007 12:00am
Most Asian currencies shrug off rise in yuan

Most Asian currencies shrug off rise in yuan

Most Asian currencies were little changed on Tuesday, trapped between weakening domestic stock markets on the one hand and a big jump in the Japanese yen and a rising Chinese yuan on the other.
Published 28 Feb, 2007 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 69.00/69.00 (previous 69.00/69.00). Call Money Rates: 6.50-10.00 percent (previous 6.50-10.00 percent).
Published 28 Feb, 2007 12:00am
Dollar slips versus yen and euro

Dollar slips versus yen and euro

The dollar slipped on Monday against the yen and the euro on expectations that US data this week could support the case for interest-rate cuts by the Federal Reserve. The yen gained across the board after the dollar failed to break above a recent high on
Published 28 Feb, 2007 12:00am
Dollar hits two-month low against euro

Dollar hits two-month low against euro

The dollar touched a two-month low against the euro and slipped against the yen on Tuesday amid growing tensions over Iran's nuclear programme and renewed worries about the US housing market.
Published 28 Feb, 2007 12:00am
Yuan gains

Yuan gains

China's yuan rose sharply against the dollar on Tuesday, as the US currency failed to regain its momentum globally amid growing tension over Iran's nuclear programme. The yuan finished at 7.7415 versus the dollar, compared with Monday's close of 7.7535, a
Published 28 Feb, 2007 12:00am
Swiss franc stronger

Swiss franc stronger

The Swiss franc strengthened against the euro but held largely flat against the dollar early on Tuesday ahead of a speech by designated Swiss National Board member Thomas Jordan. Markets will scrutinise Jordan's speech later in the day for any signs that
Published 28 Feb, 2007 12:00am
Malaysian shares mark biggest one-day fall

Malaysian shares mark biggest one-day fall

Malaysian share prices plunged 2.81 percent on Tuesday - the biggest one-day fall in two years - following falls in regional markets, dealers said. They said losses were across the board on forced selling by local investors after last week's record tradin
Published 28 Feb, 2007 12:00am
Indian shares slump

Indian shares slump

Indian share prices fell 1.25 percent on Tuesday in cautious trade ahead of the federal budget to be announced on Wednesday, dealers said. They said weak Asian markets and concerns over high inflation in the fast-growing Indian economy saw investors trim
Published 28 Feb, 2007 12:00am
Six-week assisted repatriation plan for Afghan DPs

Six-week assisted repatriation plan for Afghan DPs

The government has announced a six-week assisted repatriation period from March 1 to April 15, for Afghans living in Pakistan who did not take part in the recent registration and thus do not have Proof of Registration (PoR) cards.
Published 28 Feb, 2007 12:00am
121.6 percent rise in banks' tax receipts

121.6 percent rise in banks' tax receipts

Revenue collection from the banking sector has shown a healthy growth--of 121.6 percent--during the first half of 2006-07, as the banking companies contributed income tax of Rs 35.5 billion during July-December, against Rs 16 billion in the same period of
Published 28 Feb, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (February 27, 2007).

Published 28 Feb, 2007 12:00am
121.6 percent rise in banks'' tax receipts

121.6 percent rise in banks'' tax receipts

Revenue collection from the banking sector has shown a healthy growth--of 121.6 percent--during the first half of 2006-07, as the banking companies contributed income tax of Rs 35.5 billion during July-December, against Rs 16 billion in the same period of
Published 28 Feb, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 28 Feb, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Feb, 2007 12:00am
Board meetings in progress

Board meetings in progress

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

Published 28 Feb, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Feb, 2007 12:00am
Illegal refund payment: CBR framing charge sheets

Illegal refund payment: CBR framing charge sheets

The Central Board of Revenue (CBR) is framing charges against certain officials of customs and excise group allegedly involved in payment of illegal excise duty refund to payphone companies. Sources told Business Recorder on Tuesday that the Board
Published 28 Feb, 2007 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (February 27, 2007).

Published 28 Feb, 2007 12:00am
Illegal refund payment: CBR framing charge sheets

Illegal refund payment: CBR framing charge sheets

The Central Board of Revenue (CBR) is framing charges against certain officials of customs and excise group allegedly involved in payment of illegal excise duty refund to payphone companies. Sources told Business Recorder on Tuesday that the Board
Published 28 Feb, 2007 12:00am
Illegal refund payment: CBR framing charge sheets

Illegal refund payment: CBR framing charge sheets

The Central Board of Revenue (CBR) is framing charges against certain officials of customs and excise group allegedly involved in payment of illegal excise duty refund to payphone companies. Sources told Business Recorder on Tuesday that the Board
Published 28 Feb, 2007 12:00am
'Society looking towards scholars for problem-solving'

'Society looking towards scholars for problem-solving'

The vice chancellor Sindh University Mazharul Haq Siddiqui has urged upon the scholars and scientists to apply all efforts for reduction of variety of problems facing by the society.
Published 28 Feb, 2007 12:00am
Warid launches Kirusa voice SMS service

Warid launches Kirusa voice SMS service

Warid Telecom, the fastest growing mobile operator in Pakistan, on Tuesday launched the "Talky" Voice SMS service based upon the pioneering "Voice SMS" technology from Kirusa, a leading mobile value added services provider based in New Jersey, USA.
Published 28 Feb, 2007 12:00am
Aptma voices concern over power tariff hike

Aptma voices concern over power tariff hike

All Pakistan Textile Mills Association (Aptma) has expressed anguish at the announcement of a 10 percent hike in electricity power tariff. Aptma's spokesman highlighted the fact that approximately 60 percent of the textile industry are dependent on electr
Published 28 Feb, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (February 27, 2007).

Published 28 Feb, 2007 12:00am
Mobilink launches voice portal service

Mobilink launches voice portal service

Mobilink today launched its new "555 Sab Batata Hai" Voice Portal. The "555 Sab Batata Hai" is voice recognition IVR service designed to provide Mobilink customers easy access to a host of value added services such as ring tones, greetings, news, jokes, c
Published 28 Feb, 2007 12:00am
Pak Oman in partnership with Orascom

Pak Oman in partnership with Orascom

Pak Oman Investment Company will partner the Orascom Group in their upcoming investment projects in Pakistan, says an announcement by Pak-Oman Investment Company Limited.
Published 28 Feb, 2007 12:00am
FPCCI clarification

FPCCI clarification

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has clarified the news item regarding the visit of its delegation to Bombay to attend Saarc Business Conclave held on February 17 and 18.
Published 28 Feb, 2007 12:00am
THE RUPEE: parity with dollar unchanged

THE RUPEE: parity with dollar unchanged

Firmness prevailed in the interbank market on Tuesday as the rupee was unmoved against the dollar, for buying and selling at 60.69 and 60.71, dealers said. Balanced demand and supply prevented rupee from looking any side. But it is expected that the rupee
Published 28 Feb, 2007 12:00am
Round the clock cargo clearance to bring more investment: CBR

Round the clock cargo clearance to bring more investment: CBR

Round-the-clock, seven-days-a-week cargo clearance will attract more foreign investment and cut down cost of production in the country. This was stated by Central Board of Revenue (CBR) Chairman Abdullah Yusuf while inaugurating the electronic manifest fi
Published 28 Feb, 2007 12:00am
THE RUPEE: parity with dollar unchanged

THE RUPEE: parity with dollar unchanged

Firmness prevailed in the interbank market on Tuesday as the rupee was unmoved against the dollar, for buying and selling at 60.69 and 60.71, dealers said. Balanced demand and supply prevented rupee from looking any side. But it is expected that the rupee
Published 28 Feb, 2007 12:00am
Operation against car showroom owners in Jamshed Town

Operation against car showroom owners in Jamshed Town

Where the traffic police failed, City District Government Karachi (CDGK) has done it and earned the gratitude of the commuters. The new M A Jinnah road, Khalid Bin Waleed road and a portion of Shahrah-e-Qauideen, which had remained under illegal occupatio
Published 28 Feb, 2007 12:00am
Thai Consul General urges better facilities in Taxilla

Thai Consul General urges better facilities in Taxilla

Consul General of Thailand, Joompol Manaschuang has urged the government of Pakistan to provide facilities in Taxilla to promote tourism. Speaking at a meeting of the Karachi Chamber of Commerce and Industry (KCCI) on Tuesday, he said that Thai Airways is
Published 28 Feb, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 27, 2007).

Published 28 Feb, 2007 12:00am
Dawood Islamic Tower foundation laid

Dawood Islamic Tower foundation laid

The Chief Executive Officer of Islamic Corporation for the Development of Private Sector, Dr Ali Soleman has laid the foundation stone of Dawood Islamic Tower (DIT) here on Tuesday.
Published 28 Feb, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 27, 2007).

Published 28 Feb, 2007 12:00am
Cut in power connection rates sought

Cut in power connection rates sought

Chairman, Housing and Construction Sub Committee of Karachi Chamber of Commerce and Industry (KCCI) Munir Sultan has urged the management of Karachi Electric Supply Corporation (KESC) to reduce power connection charges and bring it back to the previous le
Published 28 Feb, 2007 12:00am
Telecom imports marginally up

Telecom imports marginally up

The country's telecom imports were marginally up by 1.86 percent during January 2007, on MoM basis to reach $180.805 million taking the import bill for the 7MFY07 to $1.273 billion. Telecom imports during the period under review stood at $180.805 million
Published 28 Feb, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (February 27, 2007).

Published 28 Feb, 2007 12:00am
'Great scope of boosting Pak-UK trade'

'Great scope of boosting Pak-UK trade'

There is a great scope for accelerating trade and investment activities between Pakistan and UK. This was observed by International Associate of Chamber Management Services and leader of a trade delegation from Yorkshire, Mohammed Ahmed, while addressing
Published 28 Feb, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (February 27, 2007) and for Wednesday (February 28, 2007).
Published 28 Feb, 2007 12:00am
Sarhad Chamber wants hike in power tariff withdrawn

Sarhad Chamber wants hike in power tariff withdrawn

Sarhad Chamber of Commerce and Industry (SCCI) President Liaquat Ahmad Khan has expressed surprise over the increase in the price of electricity on the eve of summer and cut in the price of gas at the autumn-end, saying that increase in the price of elect
Published 28 Feb, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (February 27, 2007).

Published 28 Feb, 2007 12:00am
Leeds mayor for strengthening of ties with Karachi

Leeds mayor for strengthening of ties with Karachi

A visiting delegation of Leeds led by Lord Mayor of Leeds Muhammad Iqbal has said the ties between Karachi and Leeds will strengthen and for this the co-operation of trade, education and health sectors will be increased.
Published 28 Feb, 2007 12:00am