AGL 38.15 Decreased By ▼ -1.43 (-3.61%)
AIRLINK 125.07 Decreased By ▼ -6.15 (-4.69%)
BOP 6.85 Increased By ▲ 0.04 (0.59%)
CNERGY 4.45 Decreased By ▼ -0.26 (-5.52%)
DCL 7.91 Decreased By ▼ -0.53 (-6.28%)
DFML 37.34 Decreased By ▼ -4.13 (-9.96%)
DGKC 77.77 Decreased By ▼ -4.32 (-5.26%)
FCCL 30.58 Decreased By ▼ -2.52 (-7.61%)
FFBL 68.86 Decreased By ▼ -4.01 (-5.5%)
FFL 11.86 Decreased By ▼ -0.40 (-3.26%)
HUBC 104.50 Decreased By ▼ -6.24 (-5.63%)
HUMNL 13.49 Decreased By ▼ -1.02 (-7.03%)
KEL 4.65 Decreased By ▼ -0.54 (-10.4%)
KOSM 7.17 Decreased By ▼ -0.44 (-5.78%)
MLCF 36.44 Decreased By ▼ -2.46 (-6.32%)
NBP 65.92 Increased By ▲ 1.91 (2.98%)
OGDC 179.53 Decreased By ▼ -13.29 (-6.89%)
PAEL 24.43 Decreased By ▼ -1.25 (-4.87%)
PIBTL 7.15 Decreased By ▼ -0.19 (-2.59%)
PPL 143.70 Decreased By ▼ -10.37 (-6.73%)
PRL 24.32 Decreased By ▼ -1.51 (-5.85%)
PTC 16.40 Decreased By ▼ -1.41 (-7.92%)
SEARL 78.57 Decreased By ▼ -3.73 (-4.53%)
TELE 7.22 Decreased By ▼ -0.54 (-6.96%)
TOMCL 31.97 Decreased By ▼ -1.49 (-4.45%)
TPLP 8.13 Decreased By ▼ -0.36 (-4.24%)
TREET 16.13 Decreased By ▼ -0.49 (-2.95%)
TRG 54.66 Decreased By ▼ -2.74 (-4.77%)
UNITY 27.50 Decreased By ▼ -0.01 (-0.04%)
WTL 1.29 Decreased By ▼ -0.08 (-5.84%)
BR100 10,089 Decreased By -415.2 (-3.95%)
BR30 29,509 Decreased By -1717.6 (-5.5%)
KSE100 94,574 Decreased By -3505.6 (-3.57%)
KSE30 29,445 Decreased By -1113.9 (-3.65%)
Nov 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-08-24
Oil rises as Mexico mops up after storm

Oil rises as Mexico mops up after storm

Crude oil prices rose on Thursday as Mexico took stock of its oil rigs and ports following Hurricane Dean, though gains were capped by continued worries in the US housing market. Hurricane Dean, which weakened rapidly after slamming into Mexico's Gulf Coa
Published 24 Aug, 2007 12:00am
Major rise seen in German sugar beet crop

Major rise seen in German sugar beet crop

A major rise in Germany's sugar beet crop and white sugar output is likely in 2007/08 as plantings have risen and beets are developing well, the head of Germany's sugar industry association WVZ said on Thursday.
Published 24 Aug, 2007 12:00am
New York cotton futures end higher

New York cotton futures end higher

Cotton futures ended higher on Thursday on buying by small speculators in dull dealings and the market may only perk up when the US harvest gets going next month, analysts said. New York Board of Trade's key open-outcry December contract closed up 0.25 ce
Published 24 Aug, 2007 12:00am
Copper scrap spreads widen

Copper scrap spreads widen

Spreads on copper scrap prices have widened in recent weeks as seasonal factors kept business light, while a government crackdown at Chinese ports continued to hold shipments back and depress prices, industry sources said this week. "The pipeline is full
Published 24 Aug, 2007 12:00am
Metals rally

Metals rally

Industrial metals rallied on Thursday, with nickel and lead jumping over 5 percent at one stage, buoyed by stronger equity markets and expectations that demand for metals would remain robust. European stocks rose for the fifth straight session but closed
Published 24 Aug, 2007 12:00am
European gold steadies

European gold steadies

Gold steadied on Thursday after rising earlier, taking direction from European stocks that trimmed gains as worries about credit markets due to problems in the US housing sector persisted. Palladium eased to trade near nine-month lows hit the previous day
Published 24 Aug, 2007 12:00am
US MIDDAY: wheat turns lower

US MIDDAY: wheat turns lower

Chicago Board of Trade wheat futures turned lower near midday Thursday on profit-taking after notching an 11-year high on the open, traders said. Corn followed wheat lower then both turned firm as volatility in Chicago markets continues. September wheat w
Published 24 Aug, 2007 12:00am
US MIDDAY: white wheat sets new record

US MIDDAY: white wheat sets new record

Cash prices for US soft white wheat in the Pacific Northwest hit a new high for a second day in a row on Thursday amid a rally in wheat futures at the Chicago Board of Trade and strong export demand, wheat traders said.
Published 24 Aug, 2007 12:00am
US MIDDAY: soyabeans higher

US MIDDAY: soyabeans higher

Soyabean futures at the Chicago Board of Trade were called to open 5 to 7 cents per bushel higher on Thursday on follow-through technical buying amid worries about smaller yields as soyabeans were standing in water in several areas of the upper US Midwest
Published 24 Aug, 2007 12:00am
US MIDDAY: copper rises

US MIDDAY: copper rises

US copper futures rose nearly two percent in early business on Thursday, with restored confidence in global equity markets attracting money back into commodities following last week's credit-led sell-off, traders said.
Published 24 Aug, 2007 12:00am
US MIDDAY: gold futures inch up

US MIDDAY: gold futures inch up

Buying by funds and a weaker dollar drove US gold futures higher on Thursday, but traders said the precious metal must break above a key resistance level before rising further. Volatility in gold futures options also dropped drastically as global financia
Published 24 Aug, 2007 12:00am
EU urges India-Pakistan to resolve Kashmir dispute

EU urges India-Pakistan to resolve Kashmir dispute

The European Commission (EC) believes that a peaceful settlement between India and Pakistan on the issue of Kashmir "will bring tremendous benefit to the region as well as to the wider world." "Thank you very much for your letter dated 1 June addressed on
Published 24 Aug, 2007 12:00am
Massive power theft, losses behind breakdowns: Pesco

Massive power theft, losses behind breakdowns: Pesco

Chief Executive, Peshawar Electric Supply Company (Pesco), Brigadier Sakhi Marjan, Thursday said that the massive power theft not only increases frequent power breakdowns but also causing huge financial losses to the power company.
Published 24 Aug, 2007 12:00am
Increase in CBF taxes

Increase in CBF taxes

The views of Pro Bono Publico under the title of "Taxes & Basic Amenities" in Daily Business Recorder of 1 August 2007, portrays the correct picture of Gulistan-e-Jauhar.
Published 24 Aug, 2007 12:00am
For Myanmar's poor, a daily struggle to find food

For Myanmar's poor, a daily struggle to find food

Thirty years ago, Swe thought she was heading into the good life as the wife of a successful civil servant in Burma. Her husband's membership in the ruling Burmese socialist party seemed to guarantee them and their seven children a bright future.
Published 24 Aug, 2007 12:00am
Muslim Brotherhood accustomed to being prosecuted

Muslim Brotherhood accustomed to being prosecuted

With a fresh crackdown on the Muslim Brotherhood, Egypt's strongest opposition group, Egyptians are wondering if incarceration is enough to bring it to its knees. The group, which has weathered consecutive blows, said its members were accustomed to being
Published 24 Aug, 2007 12:00am
US detains nearly 800 juveniles in Iraq

US detains nearly 800 juveniles in Iraq

US troops are holding nearly 800 children and teenagers on a Baghdad base, boys who are largely illiterate and picked up for planting bombs and now the focus of a multi-million-dollar education project.
Published 24 Aug, 2007 12:00am
Sugar mills can act as power plants

Sugar mills can act as power plants

Sugar Industry, in terms of investment, turnover, employees and farmers is the second largest agro-based industrial activity in Pakistan after textile. National sugar scenario clearly suggests that techno-economic aspects of its processing need to be cons
Published 24 Aug, 2007 12:00am
Facilitating Pakistan-India cross-border trade

Facilitating Pakistan-India cross-border trade

The truck diplomacy being pursued in connection with facilitation of overland trade between Pakistan and India has started yielding positive results. According to a Recorder Report, the technical level meeting held between the customs authorities o
Published 24 Aug, 2007 12:00am
Falling into the debt trap?

Falling into the debt trap?

The latest figures on foreign debt of the country appear to be disturbing. According to the data released by the State Bank, Pakistan's total external debt and liabilities rose to $40.172 billion at the end of June, 2007 as against $35.474 billion in 2003
Published 24 Aug, 2007 12:00am
GCU, Bunyad Foundation to sign MoU

GCU, Bunyad Foundation to sign MoU

The Department of Botany, GC University Lahore and Bunyad Foundation-Literacy Community Council Pakistan has mutually agreed upon establishing academic and research links.
Published 24 Aug, 2007 12:00am
350 feedlots fattening farms set up: LDDB

350 feedlots fattening farms set up: LDDB

The Livestock and Dairy Development Board (LDDB) has set up 350 feedlot fattening farms nation-wide to increase the meat production in the country.
Published 24 Aug, 2007 12:00am
'Apta victim of stellar growth charge'

'Apta victim of stellar growth charge'

All Pakistan Textile Association (Apta) Chairman Adil Mehmood has said Pakistan's stellar growth charge has taken the textile spinning industry as its unfortunate victim.
Published 24 Aug, 2007 12:00am
Development projects: minister orders officials to accelerate work

Development projects: minister orders officials to accelerate work

Federal Minister for Pakistan Railway Sheikh Rashid Ahmad has ordered his officials to accelerate work on development projects to provide relief and better facilities to passengers. "The work on the double rail line between Khanawal to Raiwind should be a
Published 24 Aug, 2007 12:00am
South Africa wants to expand trade ties with Pakistan

South Africa wants to expand trade ties with Pakistan

South Africa has expressed its keen interest to expand industrial and commercial relations with Pakistan in the SME sector. South African Deputy High Commissioner Cassim Peer made this comment during a meeting at Small and Medium Enterprises Development A
Published 24 Aug, 2007 12:00am
Government schools: Nazim for carrying out inspection of furniture

Government schools: Nazim for carrying out inspection of furniture

District Nazim Mian Amer Mahmood has ordered finalising provision of 25,000 desk benches to the government schools of the city before the commencement of new academic session within the next five days. He was chairing a meeting the review performance of v
Published 24 Aug, 2007 12:00am
International moot on foundry industry from December 5

International moot on foundry industry from December 5

The Pakistan Foundry Association (PFA) is organising the second two-day international congress and exhibition on December 5 and 6 with the theme "globalisation of the developing world" in which over 600 delegates from the country and abroad are expected t
Published 24 Aug, 2007 12:00am
ADB to release $80 million for 'Access to Justice Programme'

ADB to release $80 million for 'Access to Justice Programme'

Asian Development Bank (ADB) has agreed on a no-objection basis for the waiver of the third-tranche policy action requiring establishment of the CPLCs in substantially all districts and the immediate release of the third-tranche in the amount of 80 millio
Published 24 Aug, 2007 12:00am
Qirat, Naat contests at UVAS

Qirat, Naat contests at UVAS

The Qirat and Naat Society of the University of Veterinary and Animal Sciences (UVAS), Lahore, arranged annual Qirat and Naat competition in the university auditorium on Thursday. Students of the UVAS and the College of Veterinary and Animal Sciences (CVA
Published 24 Aug, 2007 12:00am
Private educational institutions role lauded

Private educational institutions role lauded

Minister for Education Punjab Mian Imran Masood lauded the role of private educational institutions for enhancing literacy rate and said that efforts of private institutions can not be ignored in the existing literacy rate of the province, which is 62 per
Published 24 Aug, 2007 12:00am
Jewellers protest against robberies

Jewellers protest against robberies

The Lahore Division Sarafa and Jewellers Association demonstrated robberies in jewellery shops here on Thursday. Addressing shopkeepers, Lahore Division Sarafa and Jewellers Association Chairman Muhammad Ahmad said that after these robberies, the administ
Published 24 Aug, 2007 12:00am
MQM criticises Nawaz

MQM criticises Nawaz

Punjab Muttahida Qaumi Movement (MQM) Information Secretary Ansar Ali Buttar criticised Nawaz Sharif for signing an agreement with a military dictator. He said that by signing an agreement Sharif deceived party workers and he had no right to be called him
Published 24 Aug, 2007 12:00am
PC's workshop

PC's workshop

The Planning Commission launched a two-day training workshop hosted by the Punjab University on "project monitoring and evaluation system" here on Thursday in the university's library. Software has been developed with the assistance of the Asian Developme
Published 24 Aug, 2007 12:00am
Nadra sets up technical headquarters in Kasur

Nadra sets up technical headquarters in Kasur

National Data Registration Authority (Nadra) Deputy General Manager Colonel Wajad Hussein (Retd) has said his authority has set up a technical headquarters in Kasur to help its residents to get their National Identity Cards for the upcoming elections.
Published 24 Aug, 2007 12:00am
PTCL announces cut in IDD rates

PTCL announces cut in IDD rates

Following the launch of its new corporate look and identity Pakistan Telecommunication Company Limited (PTCL) now comes up with a great offer to make its consumers "feel the difference" in its real sense.
Published 24 Aug, 2007 12:00am
Date extended

Date extended

PTCL has extended the date of payment of Telephone bills due to heavy rain in city on 22-08-2007. Keeping in view the problems of customers EVP Business (South) Nafees Siddiqi has announces this extension to facilitate their valued customer. All Banks/Pos
Published 24 Aug, 2007 12:00am
Rs 140 million angiography machine at KIHD soon

Rs 140 million angiography machine at KIHD soon

First angiography machine, costing Rs 140 million, will soon be installed at Karachi Institute of Heart Diseases (KIHD) in Federal "B" Area. Of the total cost, the Federal government will pay Rs 70 million, while the remaining amount will be paid by the p
Published 24 Aug, 2007 12:00am
CHAEF 24th free primary health care centre starts

CHAEF 24th free primary health care centre starts

Civil Aviation Authority (CAA) North Director Pervez Bashir circumcised the first child at CHAEF 24th free primary health care centre and opened the free nebuliser facility on Guru Mangat Road on Thursday. He said there should be a nation-wide network of
Published 24 Aug, 2007 12:00am
Punjab University lecture

Punjab University lecture

Punjab University's Pakistan Study Centre will organise a special lecture on "US Foreign Policy towards Pakistan before and after 9/11" in the Auditorium of Pakistan Study Centre on Friday (today) August 24, 2007.
Published 24 Aug, 2007 12:00am
Wapda union demand raise in drivers pay-scale

Wapda union demand raise in drivers pay-scale

The Wapda Central Labour Union (CLU) demanded the upgrade of Wapda workers' pay scales during protest on Wednesday. The union protested against the upsurge in prices of essentials and demanded the upgrade of pay scales of meter readers.
Published 24 Aug, 2007 12:00am
World Bank mission will visit LTU, RTO today

World Bank mission will visit LTU, RTO today

The World Bank (WB) mid-term review mission will visit Large Taxpayers Unit (LTU) and Regional Tax Office (RTO) Karachi on Friday. Sources said on Thursday that the review mission would discuss reform process in the Federal Board of Revenue (FBR) with LTU
Published 24 Aug, 2007 12:00am
Release of toxic water: Manchhar Lake on verge of devastation

Release of toxic water: Manchhar Lake on verge of devastation

The largest natural lake of Asia, Manchhar Lake, is on the verge of devastation, owing to unchecked release of toxic water into the lake. According to an official report, 40 years back around 2,300 metric tonnes of fish were caught every year, which has n
Published 24 Aug, 2007 12:00am
US behind Benazir-Musharraf deal: Mumtaz Bhutto

US behind Benazir-Musharraf deal: Mumtaz Bhutto

Pakistan has become an American colony and Washington is also behind the Musharraf-Benazir Bhutto deal, charged Sindh National Front Chairman Mumtaz Ali Bhutto, addressing "Meet the Press" programme of the Karachi Press Club here on Thursday.
Published 24 Aug, 2007 12:00am
Bata's profit surges to Rs 84.091 million

Bata's profit surges to Rs 84.091 million

The profit after tax of Bata Pakistan Limited has increased to Rs 84.091 million in the half year period, ending June 30 as compared to Rs 17.478 million earned in the corresponding period last year. The earning per share of the company surged to Rs 11.12
Published 24 Aug, 2007 12:00am
Bata's profit surges to Rs 84.091 million

Bata's profit surges to Rs 84.091 million

The profit after tax of Bata Pakistan Limited has increased to Rs 84.091 million in the half year period, ending June 30 as compared to Rs 17.478 million earned in the corresponding period last year. The earning per share of the company surged to Rs 11.12
Published 24 Aug, 2007 12:00am
ICI profit increases to Rs 740.900 million

ICI profit increases to Rs 740.900 million

The profit after tax of ICI Pakistan Limited has increased to Rs 740.900 million, translating an earning per share of Rs 5.34 in the half year period, ending June 30 as compared to Rs 583.902 million PAT and Rs 4.21 EPS in the corresponding period in 2006
Published 24 Aug, 2007 12:00am
ICI profit increases to Rs 740.900 million

ICI profit increases to Rs 740.900 million

The profit after tax of ICI Pakistan Limited has increased to Rs 740.900 million, translating an earning per share of Rs 5.34 in the half year period, ending June 30 as compared to Rs 583.902 million PAT and Rs 4.21 EPS in the corresponding period in 2006
Published 24 Aug, 2007 12:00am
Corporate Results: PICTL earns Rs 331.187 million profit

Corporate Results: PICTL earns Rs 331.187 million profit

Pakistan International Container Terminal Limited (PICTL) has posted Rs 331.187 million as profit after tax in the 2007 financial year as compared to Rs 291.270 million earned in the corresponding period in 2006 financial crisis.
Published 24 Aug, 2007 12:00am
Corporate Results: PICTL earns Rs 331.187 million profit

Corporate Results: PICTL earns Rs 331.187 million profit

Pakistan International Container Terminal Limited (PICTL) has posted Rs 331.187 million as profit after tax in the 2007 financial year as compared to Rs 291.270 million earned in the corresponding period in 2006 financial crisis.
Published 24 Aug, 2007 12:00am
No outbreak of bird flu at present: PPA

No outbreak of bird flu at present: PPA

Former Chairman Pakistan Poultry Association (PPA) Dr Aslam on Thursday said that there was no threat of bird flu outbreeak in the country at present Talking to a private television channel he said isolated incidents take place in all across the world and
Published 24 Aug, 2007 12:00am
NC develops good relationship with India, Pakistan: Omar Abdullah

NC develops good relationship with India, Pakistan: Omar Abdullah

National Conference (NC) president Omar Abdullah has said that his party had for the first time in contemporary history developed good relationship with both India and Pakistan and "we are no more dubbed as agents of one or other country."
Published 24 Aug, 2007 12:00am
China lauds Musharraf's economic policies

China lauds Musharraf's economic policies

China Thursday lauded the prudent economic polices of the government of President Pervez Musharraf, as a result Pakistan becomes one of the most attractive destinations for investment. This was stated by Chinese Assistant Minister of Foreign Affairs.
Published 24 Aug, 2007 12:00am
Setting up of police cell in Toba Tek Singh directed

Setting up of police cell in Toba Tek Singh directed

Parliamentary Commission for Human Rights (PCHR) Chairman and Member of the National Assembly (MNA) Riaz Fatiyana has directed the police to set up a special police cell to overcome the increasing incident of the theft, robberies in Toba Tek Singh distric
Published 24 Aug, 2007 12:00am
Ramazan package from September 10: USC

Ramazan package from September 10: USC

Utility Stores Corporation (USC) Managing Director Brigadier Hafeez Ahmed (Retd) has said the Ramazan package would be implemented from September 10 to enable the people to buy essential items few days prior to commencing of the holy month. Talking to PTV
Published 24 Aug, 2007 12:00am
250 villagers booked for protesting against police

250 villagers booked for protesting against police

Local Police on Thursday booked 250 people and family members of a reported gang rape victims for staging protest demonstration against police refusal to lodge an FIR against the alleged rapists.
Published 24 Aug, 2007 12:00am
Sindh police portal to be launched next week

Sindh police portal to be launched next week

The work on Sindh Police Portal is nearing completion and will be formally launched by next week while work on e-policing project in Karachi, Hyderabad and Sukkur will commence next month.
Published 24 Aug, 2007 12:00am
'Government keen to strengthen, broaden capital markets' base'

'Government keen to strengthen, broaden capital markets' base'

Federal Minister for Privatisation and Investment, Zahid Hamid has said that the government is keen to maintain the momentum to strengthen, deepen and broaden the base of capital markets through the public offerings of public sector entities shares.
Published 24 Aug, 2007 12:00am
The Weather

The Weather

The weather report on Thursday (August 23, 2007) and the forecast for Friday (August 24, 2007).
Published 24 Aug, 2007 12:00am
Many IT companies reluctant to disclose revenue details

Many IT companies reluctant to disclose revenue details

A large number of IT companies registered with Pakistan Software Export Board (PSEB) exporting services do not report to the State Bank of Pakistan (SBP) about their revenue as only 40 out of total 1042 registered units are providing revenue data to the c
Published 24 Aug, 2007 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 24 Aug, 2007 12:00am
ECP urged to prepare error-free voters' lists

ECP urged to prepare error-free voters' lists

Civil Society Organisations have demanded of the Election Commission of Pakistan (ECP) to prepare error-free electoral lists to ensure free, fair and transparent elections.
Published 24 Aug, 2007 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 24 Aug, 2007 12:00am
PML-Q receives over 400 applications for tickets

PML-Q receives over 400 applications for tickets

The Pakistan Muslim League-Quaid-e-Azam (PML-Q) has so far received over 400 applications for party tickets for the National Assembly seats in the next general elections.
Published 24 Aug, 2007 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 24 Aug, 2007 12:00am
Wali Oil Mills delisted

Wali Oil Mills delisted

Pursuant to an application for voluntary delisting by Wali Oil Mills Ltd, the Lahore Stock Exchange (LSE) has decided to delist the company from ready board quotations of the exchange from September 20, 2007.
Published 24 Aug, 2007 12:00am
Afgan criticises verdict, judiciary

Afgan criticises verdict, judiciary

Minister for Parliamentary Affairs Dr Sher Afgan on Thursday refused to accept the Supreme Court verdict to allow exiled former Prime Minister Nawaz Sharif to return home. "I do not accept the verdict as it is not from the Supreme Court.
Published 24 Aug, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 23, 2007).

Published 24 Aug, 2007 12:00am
Afgan criticises verdict, judiciary

Afgan criticises verdict, judiciary

Minister for Parliamentary Affairs Dr Sher Afgan on Thursday refused to accept the Supreme Court verdict to allow exiled former Prime Minister Nawaz Sharif to return home. "I do not accept the verdict as it is not from the Supreme Court.
Published 24 Aug, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (August 23, 2007) and for Friday (August 24, 2007).
Published 24 Aug, 2007 12:00am
No threat of PML disintegration: Mushahid

No threat of PML disintegration: Mushahid

Pakistan Muslim League (PML) Secretary-General Senator Mushahid Hussain Syed has said there is no threat of disintegration of the party, but admitted that there is difference of opinion over Musharraf's re-election in the PML-Q.
Published 24 Aug, 2007 12:00am
MCA records cement companies' statements

MCA records cement companies' statements

The Monopoly Control Authority (MCA) has recorded statements of cement manufacturing companies of Karachi on oath to conclude the inquiry pertaining to price hike in February 2007. Sources told Business Recorder that cement companies in Karachi hav
Published 24 Aug, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 23, 2007).

Published 24 Aug, 2007 12:00am
Automobile sector: duty collection down by 25.2 percent

Automobile sector: duty collection down by 25.2 percent

The collection of customs duty from automobile sector has shown decrease of 25.2 percent in 2006-2007 due to decline of 21.7 percent in dutiable imports of vehicles during this period. The FBR quarterly review revealed that traditionally, the automobile s
Published 24 Aug, 2007 12:00am
Pakistan Steel clarifies news report

Pakistan Steel clarifies news report

Pakistan Steel on Thursday clarified that the track of the "Pakistan Steel Flyover" at Quaidabad was not damaged, as reported in the press, but only a small portion of old approach road to the ramp (Airport side - towards Swedish Technical Institute) gave
Published 24 Aug, 2007 12:00am
DOC to be established with Turkish help

DOC to be established with Turkish help

A Disaster Operation Centre (DOC) will be established at 2,000 sq. meters area in Islamabad with the technical and logistic support of Turkish Red Crescent Society. This was disclosed by Omer Tasli, Manager Turkish Red Crescent (TRC) accompanied by Erdem
Published 24 Aug, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Thursday (August 23, 2007).

Published 24 Aug, 2007 12:00am
Oil consumption increases by 2.7 percent year-on-year basis

Oil consumption increases by 2.7 percent year-on-year basis

Oil consumption (ex-lubricant and non-energy products) in the country has increased by 2.7 percent on year-on-year basis to 1.575 million tons in the first month of current financial year (July 2007) as compared to 1.534 million tons consumed in the same
Published 24 Aug, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Thursday (August 23, 2007).

Published 24 Aug, 2007 12:00am
Training workshop on Basel II from August 30

Training workshop on Basel II from August 30

A workshop is being held in Karachi on August 30 and 31 on the subject "Credit Risk Exposures and Risk Management" for enhancing Basel II compliance capacity. The training will cover VAR, C-VAR and Stress Testing, using computer-based exercises and tools
Published 24 Aug, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Thursday (August 23, 2007).

Published 24 Aug, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 23, 2007).

Published 24 Aug, 2007 12:00am
Industry status to glass bangles, leather shoes units suggested

Industry status to glass bangles, leather shoes units suggested

Glass bangles and leather shoes manufacturing units are likely to get the industry status in the next national employment policy. The Provincial Labour Department had sent a proposal to the Federal government that these Hyderabad-based units should be gra
Published 24 Aug, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 23, 2007).

Published 24 Aug, 2007 12:00am
CFS Mk-II to be implemented at KSE next month

CFS Mk-II to be implemented at KSE next month

Securities and Exchange Commission of Pakistan (SECP) Chairman Razi-ur-Rehman has said that the CFS Mk-II will be implemented at the Karachi Stock Exchange by the end of September.
Published 24 Aug, 2007 12:00am
Seafood exports ban: National Assembly body to send action plan to EU

Seafood exports ban: National Assembly body to send action plan to EU

The Standing Committee of National Assembly on Food, Agriculture, Livestocks and Fisheries will dispatch its action plan to European Union (EU) for lifting a seven months long ban on its seafood exports by this month, well-placed sources told Business
Published 24 Aug, 2007 12:00am
Previous Day