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Print - 2007-07-08
Government to mitigate flood victims' sufferings: Musharraf

Government to mitigate flood victims' sufferings: Musharraf

President Pervez Musharraf has said that both long-term and short-term strategies will be adopted to mitigate sufferings of the rain and flood-affected people of Shahdadkot and Qambar districts in Sindh.
Published 08 Jul, 2007 12:00am
THE RUPEE: no change in interbank market

THE RUPEE: no change in interbank market

Firmer trend was seen in the interbank market on Saturday as the rupee maintained its overnight level against the dollar for buying and selling at 60.36 and 60.38, dealers said. Modest demand for dollars, helped the rupee to hold its present levels, deale
Published 08 Jul, 2007 12:00am
THE RUPEE: no change in interbank market

THE RUPEE: no change in interbank market

Firmer trend was seen in the interbank market on Saturday as the rupee maintained its overnight level against the dollar for buying and selling at 60.36 and 60.38, dealers said. Modest demand for dollars, helped the rupee to hold its present levels, deale
Published 08 Jul, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Ghazi says bid to shoot down plane in revenge for siege

Ghazi says bid to shoot down plane in revenge for siege

Heavy blasts and gunfire continued around besieged Lal Masjid on Saturday on the fifth day of the operation against the armed men entrenched in the mosque. A series of six blasts were sounded at about 10:30pm and continued for two hours, which reportedly
Published 08 Jul, 2007 12:00am
Ghazi says bid to shoot down plane in revenge for siege

Ghazi says bid to shoot down plane in revenge for siege

Heavy blasts and gunfire continued around besieged Lal Masjid on Saturday on the fifth day of the operation against the armed men entrenched in the mosque. A series of six blasts were sounded at about 10:30pm and continued for two hours, which reportedly
Published 08 Jul, 2007 12:00am
President asks Lal Masjid elements to surrender

President asks Lal Masjid elements to surrender

President General Pervez Musharraf here on Saturday warned the Lal Masjid elements to surrender or otherwise face the consequences. Talking to media representatives at the residence of Federal Minister Yar Mohammad Rind in Sani Shoran, Bolan district, he
Published 08 Jul, 2007 12:00am
President asks Lal Masjid elements to surrender

President asks Lal Masjid elements to surrender

President General Pervez Musharraf here on Saturday warned the Lal Masjid elements to surrender or otherwise face the consequences. Talking to media representatives at the residence of Federal Minister Yar Mohammad Rind in Sani Shoran, Bolan district, he
Published 08 Jul, 2007 12:00am
Bonded warehouses charges: FBR accepts FPCCI demand for waiver

Bonded warehouses charges: FBR accepts FPCCI demand for waiver

The Federal Board of Revenue (FBR) has accepted the demand of Federation of Chambers of Commerce and Industry's (FPCCI) for waiver of establishment charges and disposal/removal of goods lying in bonded warehouses for years.
Published 08 Jul, 2007 12:00am
Bonded warehouses charges: FBR accepts FPCCI demand for waiver

Bonded warehouses charges: FBR accepts FPCCI demand for waiver

The Federal Board of Revenue (FBR) has accepted the demand of Federation of Chambers of Commerce and Industry's (FPCCI) for waiver of establishment charges and disposal/removal of goods lying in bonded warehouses for years.
Published 08 Jul, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (July 07, 2007) and for Sunday (July 08, 2007).
Published 08 Jul, 2007 12:00am
Bonded warehouses charges: FBR accepts FPCCI demand for waiver

Bonded warehouses charges: FBR accepts FPCCI demand for waiver

The Federal Board of Revenue (FBR) has accepted the demand of Federation of Chambers of Commerce and Industry''s (FPCCI) for waiver of establishment charges and disposal/removal of goods lying in bonded warehouses for years.
Published 08 Jul, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Steel products' values fixed for sales tax assessment

Steel products' values fixed for sales tax assessment

The Federal Board of Revenue (FBR) has fixed the values of different steel products, in rupees and US dollars, for accurate assessment of sales tax at import and local supply stages.
Published 08 Jul, 2007 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (July 09, 2007).

Published 08 Jul, 2007 12:00am
Steel products' values fixed for sales tax assessment

Steel products' values fixed for sales tax assessment

The Federal Board of Revenue (FBR) has fixed the values of different steel products, in rupees and US dollars, for accurate assessment of sales tax at import and local supply stages.
Published 08 Jul, 2007 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (July 09, 2007).

Published 08 Jul, 2007 12:00am
Steel products'' values fixed for sales tax assessment

Steel products'' values fixed for sales tax assessment

The Federal Board of Revenue (FBR) has fixed the values of different steel products, in rupees and US dollars, for accurate assessment of sales tax at import and local supply stages.
Published 08 Jul, 2007 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (June 01 to 30, 2007)

Published 08 Jul, 2007 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (July 07, 2007).

Published 08 Jul, 2007 12:00am
Confectioners to pay extra sales tax

Confectioners to pay extra sales tax

The Federal Board of Revenue (CBR) has directed the registered manufacturers of biscuits, confectionery and snacks to pay additional sales tax on 12 percent value-addition in lieu of sales tax payable on the basis of printed retail price.
Published 08 Jul, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday July 09, 2007

Published 08 Jul, 2007 12:00am
Confectioners to pay extra sales tax

Confectioners to pay extra sales tax

The Federal Board of Revenue (CBR) has directed the registered manufacturers of biscuits, confectionery and snacks to pay additional sales tax on 12 percent value-addition in lieu of sales tax payable on the basis of printed retail price.
Published 08 Jul, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday July 09, 2007

Published 08 Jul, 2007 12:00am
Confectioners to pay extra sales tax

Confectioners to pay extra sales tax

The Federal Board of Revenue (CBR) has directed the registered manufacturers of biscuits, confectionery and snacks to pay additional sales tax on 12 percent value-addition in lieu of sales tax payable on the basis of printed retail price.
Published 08 Jul, 2007 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday July 09, 2007

Published 08 Jul, 2007 12:00am
Importers to be exempted from sales tax audit

Importers to be exempted from sales tax audit

Under a special procedure, commercial importers will be exempted from audit of payment of sales tax. Through amendment in the Special Procedure Rules 2007 on Saturday, the Federal Board of Revenue (FBR) has issued special procedure for payment of sales ta
Published 08 Jul, 2007 12:00am
The Weather

The Weather

The weather report on Saturday (July 07, 2007) and the forecast for Sunday (July 08, 2007).
Published 08 Jul, 2007 12:00am
Importers to be exempted from sales tax audit

Importers to be exempted from sales tax audit

Under a special procedure, commercial importers will be exempted from audit of payment of sales tax. Through amendment in the Special Procedure Rules 2007 on Saturday, the Federal Board of Revenue (FBR) has issued special procedure for payment of sales ta
Published 08 Jul, 2007 12:00am
Importers to be exempted from sales tax audit

Importers to be exempted from sales tax audit

Under a special procedure, commercial importers will be exempted from audit of payment of sales tax. Through amendment in the Special Procedure Rules 2007 on Saturday, the Federal Board of Revenue (FBR) has issued special procedure for payment of sales ta
Published 08 Jul, 2007 12:00am
Low-income group hit hard by inflation

Low-income group hit hard by inflation

Weekly-based SPI inflation is hitting low-income group the hardest as during the week ending July 5, it stood at 9.66 percent for the low-income group and 5.85 percent for the high-income earners. According to statistics released by the Federal Board of S
Published 08 Jul, 2007 12:00am
Low-income group hit hard by inflation

Low-income group hit hard by inflation

Weekly-based SPI inflation is hitting low-income group the hardest as during the week ending July 5, it stood at 9.66 percent for the low-income group and 5.85 percent for the high-income earners. According to statistics released by the Federal Board of S
Published 08 Jul, 2007 12:00am
Low-income group hit hard by inflation

Low-income group hit hard by inflation

Weekly-based SPI inflation is hitting low-income group the hardest as during the week ending July 5, it stood at 9.66 percent for the low-income group and 5.85 percent for the high-income earners. According to statistics released by the Federal Board of S
Published 08 Jul, 2007 12:00am
First textile policy in two weeks: Cheema

First textile policy in two weeks: Cheema

Federal Minister for Textile Industry, Chauudhry Mushtaq Ali Cheema has said the first textile policy for the next five years will be announced in a couple of weeks. The policy would focus on long-term export plan and would include measures for betterment
Published 08 Jul, 2007 12:00am
First textile policy in two weeks: Cheema

First textile policy in two weeks: Cheema

Federal Minister for Textile Industry, Chauudhry Mushtaq Ali Cheema has said the first textile policy for the next five years will be announced in a couple of weeks. The policy would focus on long-term export plan and would include measures for betterment
Published 08 Jul, 2007 12:00am
First textile policy in two weeks: Cheema

First textile policy in two weeks: Cheema

Federal Minister for Textile Industry, Chauudhry Mushtaq Ali Cheema has said the first textile policy for the next five years will be announced in a couple of weeks. The policy would focus on long-term export plan and would include measures for betterment
Published 08 Jul, 2007 12:00am
Tax payers to get 'Single Identifier Numbers'

Tax payers to get 'Single Identifier Numbers'

The Federal Board of Revenue (FBR) has decided to allocate 'Single Identifier Numbers' (SINs) to all taxpayers who are at present using different sales tax registration numbers and National Tax Numbers (NTNs) for carrying out business activities.
Published 08 Jul, 2007 12:00am
Tax payers to get 'Single Identifier Numbers'

Tax payers to get 'Single Identifier Numbers'

The Federal Board of Revenue (FBR) has decided to allocate 'Single Identifier Numbers' (SINs) to all taxpayers who are at present using different sales tax registration numbers and National Tax Numbers (NTNs) for carrying out business activities.
Published 08 Jul, 2007 12:00am
Tax payers to get ''Single Identifier Numbers''

Tax payers to get ''Single Identifier Numbers''

The Federal Board of Revenue (FBR) has decided to allocate ''Single Identifier Numbers'' (SINs) to all taxpayers who are at present using different sales tax registration numbers and National Tax Numbers (NTNs) for carrying out business activities.
Published 08 Jul, 2007 12:00am
Government to mitigate flood victims' sufferings: Musharraf

Government to mitigate flood victims' sufferings: Musharraf

President Pervez Musharraf has said that both long-term and short-term strategies will be adopted to mitigate sufferings of the rain and flood-affected people of Shahdadkot and Qambar districts in Sindh.
Published 08 Jul, 2007 12:00am
Pace of Latifabad fly over construction work discussed

Pace of Latifabad fly over construction work discussed

The District Co-ordination Officer Hyderabad Aftab Ahmed Khatri has directed the concerned officers of Pakistan Railways to issue NOC for the construction of Latifabad fly over scheme at Railway Crossing Latifabad No 7 with immediate effect, to enable the
Published 08 Jul, 2007 12:00am
Islamic banking: deposit-profit ratio not satisfactory: economist

Islamic banking: deposit-profit ratio not satisfactory: economist

Islamic banking in Pakistan is gradually gaining popularity as the deposits and profits under this system during the first quarter of current year have risen by 15 percent and 14 percent respectively, but the economists consider this ratio unsatisfactory.
Published 08 Jul, 2007 12:00am
Islamic banking: deposit-profit ratio not satisfactory: economist

Islamic banking: deposit-profit ratio not satisfactory: economist

Islamic banking in Pakistan is gradually gaining popularity as the deposits and profits under this system during the first quarter of current year have risen by 15 percent and 14 percent respectively, but the economists consider this ratio unsatisfactory.
Published 08 Jul, 2007 12:00am
Opposition leaders for restoring 1973 Constitution

Opposition leaders for restoring 1973 Constitution

Participants attending the All Parties Conference hosted under the banner of Alliance for the Restoration of Democracy (ARD) on Saturday urged the formation of joint opposition alliance. Delegates belonging to 37 political parties and representatives of t
Published 08 Jul, 2007 12:00am
Opposition leaders for restoring 1973 Constitution

Opposition leaders for restoring 1973 Constitution

Participants attending the All Parties Conference hosted under the banner of Alliance for the Restoration of Democracy (ARD) on Saturday urged the formation of joint opposition alliance. Delegates belonging to 37 political parties and representatives of t
Published 08 Jul, 2007 12:00am
Ibad asks KESC to implement plans on fast track basis

Ibad asks KESC to implement plans on fast track basis

Sindh Governor, Dr Ishratul Ibad Khan has called upon the KESC to carry out its short and long term plans, particularly with reference to power generation programme, on a fast track basis.
Published 08 Jul, 2007 12:00am
Rs 50 million allocated for agriculture uplift in Northern Areas

Rs 50 million allocated for agriculture uplift in Northern Areas

The present government is providing maximum facilities to the farmers and has allocated Rs 50 million for different agriculture development projects in Northern Areas. This was stated by Advisor Information and Broadcasting NAs, Captain Siknadar Ali (Retd
Published 08 Jul, 2007 12:00am
New Sabzi Mandi problems discussed

New Sabzi Mandi problems discussed

Latifabad Taluka Nazim Engineer Sabir Hussein Qaimkhani and City Taluka Nazim Javaid Jabbar have met Director Agriculture (Extension) Naeem Ahmed Korijo and discussed problems of new Sabzi Mandi Halanaka and vegetable market, Hali Road.
Published 08 Jul, 2007 12:00am
French assistance for flood victims

French assistance for flood victims

France has sent its relief assistance, worth over Rs 20 million, to the flood affected areas of Sindh and Balochistan. The French ambassador to Pakistan Rgis de Belenet said the relief assistance is response to the Pakistan's appeal and plane landed in Ka
Published 08 Jul, 2007 12:00am
Flood-hit areas: IFRC to conduct loss assessment

Flood-hit areas: IFRC to conduct loss assessment

A five-member team of Geneva-based International Federation of Red Cross/Red Crescent (IFRC) has left here for rain and flood affected areas in Sindh and Balochistan to conduct assessment of losses.
Published 08 Jul, 2007 12:00am
Rehabilitation of quake-hit AJK zone in full swing

Rehabilitation of quake-hit AJK zone in full swing

The commendable efforts of Pakistan government, Pak Army, UN agencies, donors countries and NGOs for early rehabilitation and reconstruction of quake affected areas of Azad Jammu Kashmir have yielded positive results vis-à-vis for bringing the life back t
Published 08 Jul, 2007 12:00am
Faysal Asset Management approves 12.75 percent dividend

Faysal Asset Management approves 12.75 percent dividend

The board of directors of Faysal Asset Management Limited has approved 12.75 percent final dividend as bonus units from distributable profits of Faysal Income & Growth Fund (FIGF) for the full year ended June, 30 for unit holders. FIGF is the best perform
Published 08 Jul, 2007 12:00am
Faysal Asset Management approves 12.75 percent dividend

Faysal Asset Management approves 12.75 percent dividend

The board of directors of Faysal Asset Management Limited has approved 12.75 percent final dividend as bonus units from distributable profits of Faysal Income & Growth Fund (FIGF) for the full year ended June, 30 for unit holders. FIGF is the best perform
Published 08 Jul, 2007 12:00am
KCCI chief worried over skilled workers demand abroad

KCCI chief worried over skilled workers demand abroad

Pakistan may face serious shortage of skilled manpower due to their increasing demand the world over. This was stated by Karachi Chamber of Commerce and Industry (KCCI) President Majyd Aziz, while speaking as chief guest at ZAKPAK silk beauty soap consume
Published 08 Jul, 2007 12:00am
Portfolio investment outflow totals $3.841 million

Portfolio investment outflow totals $3.841 million

A cumulative net outflow of portfolio investment from the country's equity market stood at 3.841 million dollars at the end of the first week of new fiscal year (July 6) as the foreign investors opted for profit-taking on the available margins.
Published 08 Jul, 2007 12:00am
Admission forms date extended

Admission forms date extended

University of Sindh has extended the last date to July 21, for submission of admission forms for admission in One Semester Professional Diploma in Rural Development Communication. The test for admissions would be conducted on July 30 at the Centre for Rur
Published 08 Jul, 2007 12:00am
Scientists Club's meeting aborted due to curfew

Scientists Club's meeting aborted due to curfew

The 266th monthly meeting of the Islamabad Scientists' Club was aborted on Saturday. Only four persons turned up at the meeting, including the ISC President Engineer Tariq Majeed, Brigadier Karim, chief of the hot balloons flying squad, the guest speaker,
Published 08 Jul, 2007 12:00am
Four die of suffocation

Four die of suffocation

Four persons have died of suffocation when they climbed down into a deep well for the repair of tubewell in village Sardar Balochan (Chishtian), while two were admitted to hospital in critical condition.
Published 08 Jul, 2007 12:00am
Ghee prices raised

Ghee prices raised

The branded edible oil processing companies have increased the prices of one kilogram and five kilogram oil packing without issuing any formal rate list in the local market. There was no check on the prices of edibles and other daily use items.
Published 08 Jul, 2007 12:00am
'Pakistan poised to be hub of scientific research'

'Pakistan poised to be hub of scientific research'

Pakistan aims to attract the renowned scientists of the world by offering well-equipped centres of research. "Our latest initiative in this regard is setting up of the Synchrotron Light Source based facilities in the country," said Professor Riazuddin, Di
Published 08 Jul, 2007 12:00am
Legal consultants to be hired

Legal consultants to be hired

The Punjab government has constituted a committee for hiring/engaging private legal consultants for high profile anti-corruption establishment (ACE) cases. According to ACE's spokesman, additional chief secretary, Punjab, will be the chairman of the commi
Published 08 Jul, 2007 12:00am
'Record uplift projects in Okara'

'Record uplift projects in Okara'

Member Provincial Assembly from Okara, Rai Farooq Umar Kharal called on Punjab Chief Minister, Chaudhry Pervaiz Elahi at Chief Minister's Secretariat, here on Saturday. Organisational matters of Pakistan Muslim League as well as developmental affairs of t
Published 08 Jul, 2007 12:00am
Welfare, masses' uplift main feature of PML government: chief minister

Welfare, masses' uplift main feature of PML government: chief minister

Punjab Chief Minister, Chaudhry Pervaiz Elahi has stressed upon assembly members, Nazims and Muslim League office-bearers to organise and strengthen PML at every level through a positive and constructive thinking and face every political challenge with mu
Published 08 Jul, 2007 12:00am
Haj applications likely to be received by mid-July

Haj applications likely to be received by mid-July

Applications for Haj-2007 are likely to be received by the middle of this month and only the travel fare of the pilgrims has been increased. This was disclosed by the Federal Secretary, Ministry of Zakat, Ushr & Religious Affairs, Vakil Ahmed Khan to the
Published 08 Jul, 2007 12:00am
Relief goods

Relief goods

The district government of Hyderabad has sent food items and other relief goods of one million to upper Sindh areas, for rain and flood victims. District Nazim Kanver Naveed Jameel has sent the caravan with relief goods under the supervision of district f
Published 08 Jul, 2007 12:00am
JS ABAMCO announces dividend

JS ABAMCO announces dividend

JS ABAMCO Limited, formerly ABAMCO Limited, has announced dividend payouts for eight of its open-end funds for the fiscal year ending June 30.
Published 08 Jul, 2007 12:00am
JS ABAMCO announces dividend

JS ABAMCO announces dividend

JS ABAMCO Limited, formerly ABAMCO Limited, has announced dividend payouts for eight of its open-end funds for the fiscal year ending June 30.
Published 08 Jul, 2007 12:00am
No threat of flood in DG Khan, adjacent districts

No threat of flood in DG Khan, adjacent districts

Chief engineer DG Khan irrigation zone has said that the districts of Muzaffargarh, DG Khan, and Rajanpur face no immediate flood threat, with water level in the rivers being normal. However, on instructions from the provincial government, all arrangement
Published 08 Jul, 2007 12:00am
Parents of students to be lodged at Jinnah Complex

Parents of students to be lodged at Jinnah Complex

District administration has established a facilitation center at Jinnah sports complex for the parents whose children are still in the besieged Lal Masjid and Jamia Hafza since the operation started five days ago.
Published 08 Jul, 2007 12:00am