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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-04-28
THE RUPEE: firm trend prevails in open market

THE RUPEE: firm trend prevails in open market

Firmness prevailed in the open market on Friday as the rupee maintained its overnight levels against the dollar for buying and selling at Rs 60.65 and Rs 60.75 in interbank dealing, dealers said. Matching demand and supply position did not push the rupee
Published 28 Apr, 2007 12:00am
'Education for All Week' celebrated

'Education for All Week' celebrated

National Commission for Human Development (NCHD) in collaboration with Pakistan National Commission for Unesco (PNCU) has celebrated Education for All (EFA) week with full zeal in order to promote "every child in school" with highlighting the mission of "
Published 28 Apr, 2007 12:00am
Work on 11 police station buildings in full swing

Work on 11 police station buildings in full swing

The construction work of 11 police station buildings in the provincial capital is in full swing with a cost of Rs 170 million. It was informed in a meeting held under the chairmanship of provincial minister for communication and works Chaudhry Zaheer-ud-D
Published 28 Apr, 2007 12:00am
Lawyers divided over CJP address in Lahore

Lawyers divided over CJP address in Lahore

The lawyers' community was divided over the address of CJP as he refused to address the Lahore High Court Bar Association (LHCBA) and agreed to address Punjab Bar Council.
Published 28 Apr, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (April 27, 2007).

Published 28 Apr, 2007 12:00am
'Workers' Committee formed

'Workers' Committee formed

Pakistan Peoples Party Parliamentarian (PPPP) Punjab has formed a 'Workers' Relief and Support Committee 'to assist its arrested political workers in the province. 'Business Recorder' learnt this on Friday.
Published 28 Apr, 2007 12:00am
City Council incident termed shameful, abominable

City Council incident termed shameful, abominable

Information Secretary Pakistan Peoples Party (PPP) Women Wing Sindh MPA Shazia Marri vehemently condemned the brutal behaviour of members of the city district government who manhandled opposition members on Thursday evening.
Published 28 Apr, 2007 12:00am
Privilege Committee

Privilege Committee

The Privilege Committee of the Provincial Assembly (PA) of Punjab will hold meeting in Lahore from May 2 to 4. The committee will deliberate on motions of Chaudhry Tasneem MPA; Chaudhry Tanvir Ahmad MPA and MPA Mehr Ishtiaq on the occasion. Nazar Fareed K
Published 28 Apr, 2007 12:00am
Online learning programme of Punjab University

Online learning programme of Punjab University

A meeting of Punjab University Deans' Committee held under the chairmanship of Vice-Chancellor Lieutenant General Arshad Mahmood (Retd) here on Friday. The meeting was to review the distance and online learning programme.
Published 28 Apr, 2007 12:00am
Presentation

Presentation

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

Published 28 Apr, 2007 12:00am
'Female education necessary to establish best nation'

'Female education necessary to establish best nation'

The Parliamentary Secretary of Local Government, Raja Rashid Hafeez has said that the main purpose of female education is to establish the best nation because the lap of the mother is first institution for a child. He said this while addressing a prize di
Published 28 Apr, 2007 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Friday (April 27, 2007).

Published 28 Apr, 2007 12:00am
Two Pakistani students awarded UK scholarships

Two Pakistani students awarded UK scholarships

A leading Holborn Arts and Business College, London, has announced two scholarships in the name of Pakistan High Commissioner to UK, Dr Maleeha Lodhi. At a function held at the Pakistan High Commission on Thursday evening, the two recipients were introduc
Published 28 Apr, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Apr, 2007 12:00am
IOs directed to assess, verify details of electricity duty

IOs directed to assess, verify details of electricity duty

Punjab Power Department has ordered Inspecting Officers (IOs) to assess and verify the details of Electricity Duty (ED) of sugar mills in Punjab from July 2001 onward. The Electric Inspectors (EI) have also been directed to test check the work of IOs and
Published 28 Apr, 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 Apr, 2007 12:00am
SME business galas to be held on May 2

SME business galas to be held on May 2

The first event of the nation-wide series of SME business galas by the Small and Medium Enterprise Development Authority (Smeda) would be held at Karachi Expo Centre on Wednesday, May 2, 2007.
Published 28 Apr, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Apr, 2007 12:00am
Bait-ul-Maal fund increased to four-times

Bait-ul-Maal fund increased to four-times

Punjab Bait-ul-Maal Minister Muhammad Ejaz Shafi has said that the government has enhanced the fund of for extending maximum financial assistance to the deserving persons in the province.
Published 28 Apr, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 28 Apr, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (April 27, 2007).

Published 28 Apr, 2007 12:00am
Investment flows at record level: Maleeha

Investment flows at record level: Maleeha

Pakistan High Commissioner to Britain, Dr Maleeha Lodhi has said that a record foreign direct investment of around $5 billion this year will boost greater international confidence in Pakistan's economy.
Published 28 Apr, 2007 12:00am
Double Shah clients: PML-N sets up free legal aid cell

Double Shah clients: PML-N sets up free legal aid cell

The PML-N has established a free legal aid cell at Daska city for providing necessary guidance and free legal aid to all the clients of Double Shah across Pakistan, with an aim to enable them to get their deposited amounts back from Double Shah. PML-N has
Published 28 Apr, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Apr, 2007 12:00am
Government trying to ignite civil war: Chaudhry Nisar

Government trying to ignite civil war: Chaudhry Nisar

Parliamentary leader of PML-N in the National Assembly Chaudhry Nisar Ali Khan has said that pressure is mounting on the government as it changes stance daily. Talking to a private TV channel he said the government is accusing the opposition of politicisi
Published 28 Apr, 2007 12:00am
Troops return from Liberia

Troops return from Liberia

The last batch of 250 Pakistani troops arrived here on Friday after successful completion of the task of restoring peace, order and rehabilitation of infrastructure in their area of responsibility under the auspices of the United Nations in Liberia as pea
Published 28 Apr, 2007 12:00am
Investiture ceremony held at GHQ

Investiture ceremony held at GHQ

An investiture ceremony was held at the General Headquarters (GHQ) to confer the awards of Sitara-i-Imtiaz (Civil), Sitara-i-Imtiaz (Military), Tamgha-i-Imtiaz (Civil) and UN Medals. According to a press note issued by the ISPR here on Friday, General Ahs
Published 28 Apr, 2007 12:00am
Bangladesh Rifles team visits Rangers camp

Bangladesh Rifles team visits Rangers camp

A high-level military delegation of Bangladesh Rifles, led by its Director General Major General Shakil Ahmed, visited Pakistan Rangers (Sindh) training centre and school.
Published 28 Apr, 2007 12:00am
Punjab plans Rs three billion industrial estates with private sector

Punjab plans Rs three billion industrial estates with private sector

The Punjab government has evolved a plan costing more than Rs 3 billion for the development of industrial estates through an innovative public-private partnership approach in the province, revealed Chairman Task Force on Trade and Industry Mian Muhammad R
Published 28 Apr, 2007 12:00am
PAL chief requests India to supply literature on Sufism

PAL chief requests India to supply literature on Sufism

Pakistan Academy of Letters chief Iftikhar Arif has requested the Sajjada Nasheen, Hazrat Moeenuddin Chishti's Mausoleum in Ajmer Sharif, Syed Sarwar Chishti, to send him literature on life histories of Sufis and mystics of the sub-continent for the educa
Published 28 Apr, 2007 12:00am
Millat Tractors profit declines

Millat Tractors profit declines

The profit after tax of the Millat Tractors Limited has declined to Rs 173.244 million translating an earning per share of Rs 9.24 in the quarter ended on March 31, 2007 as compared to PAT of Rs 231.654 million and an EPS of Rs 12.36 in the corresponding
Published 28 Apr, 2007 12:00am
Millat Tractors profit declines

Millat Tractors profit declines

The profit after tax of the Millat Tractors Limited has declined to Rs 173.244 million translating an earning per share of Rs 9.24 in the quarter ended on March 31, 2007 as compared to PAT of Rs 231.654 million and an EPS of Rs 12.36 in the corresponding
Published 28 Apr, 2007 12:00am
Concessionary SROs discouraging local investment: EDB

Concessionary SROs discouraging local investment: EDB

The Concessionary Statuary Regulatory Orders (SROs) are discouraging local investment in some steel segments as the current system for listing a product in the category of locally manufactured products faces problems.
Published 28 Apr, 2007 12:00am
First Dawood bank begins operations

First Dawood bank begins operations

Pakistan's sixth full-fledged Islamic commercial bank, First Dawood Islamic Bank Limited (FDIBL), has officially commenced its operations on Friday. Professor Mufti Munib-ur-Rehman (The Shari'ah Advisor of FDIBL) recited the Holy Quran and Mst Hanifa Sidd
Published 28 Apr, 2007 12:00am
International mystic music festival from May 3

International mystic music festival from May 3

Raft Peer Theater Workshop, Government of Sindh and Telenor Pakistan have joined hands to bring the biggest festival of region 'International Mystic Music Sufi Festival' from 3-7 May 2007 in Pakistan.
Published 28 Apr, 2007 12:00am
PSMCL and SMPL merger approved

PSMCL and SMPL merger approved

The Board of Directors of Pak Suzuki Motor Company Limited (PSMCL) has approved the amalgamation of business and undertaking of the company with Suzuki Motorcycles Pakistan Limited (SMPL) effective from January 1, 2007, subject to approval of the sharehol
Published 28 Apr, 2007 12:00am
BoP profit increases to Rs 780.697 million

BoP profit increases to Rs 780.697 million

The profit after tax of the Bank of Punjab (BoP) has increased to Rs 780.697 million translating an earning per share of Rs 2.03 in the quarter ended on March 31, 2007 as compared to PAT of Rs 584.966 million and an EPS of Rs 1.54 in the corresponding per
Published 28 Apr, 2007 12:00am
BoP profit increases to Rs 780.697 million

BoP profit increases to Rs 780.697 million

The profit after tax of the Bank of Punjab (BoP) has increased to Rs 780.697 million translating an earning per share of Rs 2.03 in the quarter ended on March 31, 2007 as compared to PAT of Rs 584.966 million and an EPS of Rs 1.54 in the corresponding per
Published 28 Apr, 2007 12:00am
CBR to end sales tax manual filing system

CBR to end sales tax manual filing system

The Central Board of Revenue (CBR) is working on a mechanism to verify sales tax invoices through a computerised system to end manual filing.
Published 28 Apr, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 27, 2007).

Published 28 Apr, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 27, 2007).

Published 28 Apr, 2007 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

An interesting situation has arisen for the first time in the history of Pakistan Parliament. Sher Afgan, the Minister for Parliamentary Affairs has posted a notice of breach of privilege against Pemra and the cabinet division on their neglect in furnishi
Published 28 Apr, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 27, 2007).

Published 28 Apr, 2007 12:00am
Government drops 'controversial' resolution

Government drops 'controversial' resolution

The government on Friday dropped a 'controversial' resolution meant to condemn the opposition's attitude in prevailing judicial crisis, after scathing criticism from opposition benches who wanted to give it a matching response. While the opposition kept o
Published 28 Apr, 2007 12:00am
Business Recorder staffer grieved

Business Recorder staffer grieved

Wife of Jaffer Abbas Naqvi, sub-editor, daily Business Recorder, passed away on Friday night after protracted illness. Funeral prayers will be held at Masjid-e-Khairul Amal F B Area Block 20 after Zohr prayers at 1:30pm. She will be laid to rest at
Published 28 Apr, 2007 12:00am
Rights group bites Pakistan for silencing media

Rights group bites Pakistan for silencing media

Human Rights Watch accused the government of Pakistan on Thursday of "concerted and increasing attempts" to silence the media in a letter to President Pervez Musharraf, calling it "another symbol of the lack of rule of law in Pakistan."
Published 28 Apr, 2007 12:00am
Rights group bites Pakistan for silencing media

Rights group bites Pakistan for silencing media

Human Rights Watch accused the government of Pakistan on Thursday of "concerted and increasing attempts" to silence the media in a letter to President Pervez Musharraf, calling it "another symbol of the lack of rule of law in Pakistan."
Published 28 Apr, 2007 12:00am
Cotton import rises by 107 percent

Cotton import rises by 107 percent

After the government failed to meet the target of 13 million bales of raw cotton production, the millers and the importers have started placing import orders. This has raised imports by 107 percent during March 2007 to meet local demand, importers said on
Published 28 Apr, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (April 27, 2007).

Published 28 Apr, 2007 12:00am
Cotton import rises by 107 percent

Cotton import rises by 107 percent

After the government failed to meet the target of 13 million bales of raw cotton production, the millers and the importers have started placing import orders. This has raised imports by 107 percent during March 2007 to meet local demand, importers said on
Published 28 Apr, 2007 12:00am
Cotton import rises by 107 percent

Cotton import rises by 107 percent

After the government failed to meet the target of 13 million bales of raw cotton production, the millers and the importers have started placing import orders. This has raised imports by 107 percent during March 2007 to meet local demand, importers said on
Published 28 Apr, 2007 12:00am
18 dead as Chechens down Russian helicopter

18 dead as Chechens down Russian helicopter

At least 18 soldiers and air crew were killed when their helicopter was shot down in Russia's volatile Chechnya region on Friday, Russian news agencies and the military said. The incident appeared to be the deadliest single attack for over a year by Chech
Published 28 Apr, 2007 12:00am
18 dead as Chechens down Russian helicopter

18 dead as Chechens down Russian helicopter

At least 18 soldiers and air crew were killed when their helicopter was shot down in Russia's volatile Chechnya region on Friday, Russian news agencies and the military said. The incident appeared to be the deadliest single attack for over a year by Chech
Published 28 Apr, 2007 12:00am
BoI to build database for joint ventures

BoI to build database for joint ventures

The Board of Investment (BoI) is planning to develop a database of local investors who intend to establish joint venture projects with foreign investors. Accordingly, the BOI has requested trade bodies to advise their members to submit proposals for joint
Published 28 Apr, 2007 12:00am
BoI to build database for joint ventures

BoI to build database for joint ventures

The Board of Investment (BoI) is planning to develop a database of local investors who intend to establish joint venture projects with foreign investors. Accordingly, the BOI has requested trade bodies to advise their members to submit proposals for joint
Published 28 Apr, 2007 12:00am
BoI to build database for joint ventures

BoI to build database for joint ventures

The Board of Investment (BoI) is planning to develop a database of local investors who intend to establish joint venture projects with foreign investors. Accordingly, the BOI has requested trade bodies to advise their members to submit proposals for joint
Published 28 Apr, 2007 12:00am
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