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Print - 2007-09-20
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 20 Sep, 2007 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
BRIndex30 gains 97 points

BRIndex30 gains 97 points

On Wednesday, the BRIndex30 opened in the green zone, at 14,136.28, and remained there for whole of the trading time, It closed at 14,233.28, registering net positive change of 97 points and percentage change of 0.69. It experienced the intra-day high of
Published 20 Sep, 2007 12:00am
BRIndex30 gains 97 points

BRIndex30 gains 97 points

On Wednesday, the BRIndex30 opened in the green zone, at 14,136.28, and remained there for whole of the trading time, It closed at 14,233.28, registering net positive change of 97 points and percentage change of 0.69. It experienced the intra-day high of
Published 20 Sep, 2007 12:00am
Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
45 projects worth Rs 154 billion approved

45 projects worth Rs 154 billion approved

The Executive Committee of National Economic Council (Ecnec) on Wednesday approved 45 development projects worth Rs 154.1 billion, with major allocation of over Rs 100 billion to infrastructure sector, said Engr Dr M Akram Sheikh, Deputy Chairman, Plannin
Published 20 Sep, 2007 12:00am
45 projects worth Rs 154 billion approved

45 projects worth Rs 154 billion approved

The Executive Committee of National Economic Council (Ecnec) on Wednesday approved 45 development projects worth Rs 154.1 billion, with major allocation of over Rs 100 billion to infrastructure sector, said Engr Dr M Akram Sheikh, Deputy Chairman, Plannin
Published 20 Sep, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
45 projects worth Rs 154 billion approved

45 projects worth Rs 154 billion approved

The Executive Committee of National Economic Council (Ecnec) on Wednesday approved 45 development projects worth Rs 154.1 billion, with major allocation of over Rs 100 billion to infrastructure sector, said Engr Dr M Akram Sheikh, Deputy Chairman, Plannin
Published 20 Sep, 2007 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
McKinnon piles up pressure on Musharraf

McKinnon piles up pressure on Musharraf

Commonwealth Secretary-General Don McKinnon on Wednesday piled up pressure on President Pervez Musharraf to step down as military chief ahead of his planned re-election by middle of next month. Musharraf is up against toughest political and legal challeng
Published 20 Sep, 2007 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
McKinnon piles up pressure on Musharraf

McKinnon piles up pressure on Musharraf

Commonwealth Secretary-General Don McKinnon on Wednesday piled up pressure on President Pervez Musharraf to step down as military chief ahead of his planned re-election by middle of next month. Musharraf is up against toughest political and legal challeng
Published 20 Sep, 2007 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
LSE equities score fresh gains

LSE equities score fresh gains

Share values maintained the upward tendency on Wednesday on the Lahore Stock Exchange (LSE), and led by fertilisers, exploration and insurance sectors, the market recorded a fresh gain of over 48 points. The LSE-25 index reached 4,570.33 points from Tuesd
Published 20 Sep, 2007 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
LSE equities score fresh gains

LSE equities score fresh gains

Share values maintained the upward tendency on Wednesday on the Lahore Stock Exchange (LSE), and led by fertilisers, exploration and insurance sectors, the market recorded a fresh gain of over 48 points. The LSE-25 index reached 4,570.33 points from Tuesd
Published 20 Sep, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
ISE-10 Index up 52.56 points

ISE-10 Index up 52.56 points

Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) on Wednesday where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE-10 Index was plus by 52.56 points from 2,928.
Published 20 Sep, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
ISE-10 Index up 52.56 points

ISE-10 Index up 52.56 points

Equities witnessed broad-based recovery at the Islamabad Stock Exchange (ISE) on Wednesday where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index. ISE-10 Index was plus by 52.56 points from 2,928.
Published 20 Sep, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Iraqi foreign minister invites Russian investors

Iraqi foreign minister invites Russian investors

Iraqi Foreign Minister Hoshyar Zebari invited Russian business to invest in the reconstruction of his country during a visit to Moscow on Wednesday. But Zebari told reporters at a press conference with his Russian counterpart, Sergei Lavrov, that Russian
Published 20 Sep, 2007 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Siemens names new board member to fight corruption

Siemens names new board member to fight corruption

Troubled German engineering giant Siemens said on Wednesday it had created a board level position to fight corruption, one of three nominations aimed at restoring the group's tarnished reputation.
Published 20 Sep, 2007 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Russia to ban gas flaring

Russia to ban gas flaring

Russia will stop the practice of gas flaring, in which unwanted gas is burned as it is released from oilfields, acting deputy prime minister Sergei Ivanov said on Wednesday. "We will not allow anyone to flare gas, at least in Russia. The decision has alre
Published 20 Sep, 2007 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Americans worry about economy, despite rate cut

Americans worry about economy, despite rate cut

Americans are worried about the economy and fear housing woes and war spending could spark a recession, despite the interest rate cut this week that sent stock markets soaring.
Published 20 Sep, 2007 12:00am
PVMA seeks rationalisation of edible oil taxes

PVMA seeks rationalisation of edible oil taxes

The Pakistan Vanaspati Manufacturers Association (PVMA) has asked the government to rationalise duty/taxes to bring down ghee/cooking oil prices for immediate relief to the buyers during the holy month of Ramazan.
Published 20 Sep, 2007 12:00am
PVMA seeks rationalisation of edible oil taxes

PVMA seeks rationalisation of edible oil taxes

The Pakistan Vanaspati Manufacturers Association (PVMA) has asked the government to rationalise duty/taxes to bring down ghee/cooking oil prices for immediate relief to the buyers during the holy month of Ramazan.
Published 20 Sep, 2007 12:00am
PVMA seeks rationalisation of edible oil taxes

PVMA seeks rationalisation of edible oil taxes

The Pakistan Vanaspati Manufacturers Association (PVMA) has asked the government to rationalise duty/taxes to bring down ghee/cooking oil prices for immediate relief to the buyers during the holy month of Ramazan.
Published 20 Sep, 2007 12:00am
Over 2000 tons onion being imported daily from Afghanistan and Iran

Over 2000 tons onion being imported daily from Afghanistan and Iran

Onion prices have gone down by Rs 240 per 40 kg as a result of its import from Afghanistan and Iran. Pakistan is importing around 1600 tons onion from Kabul and 500 to 800 tons from Iran daily via land route, President of Wholesale Vegetable Welfare Assoc
Published 20 Sep, 2007 12:00am
Over 2000 tons onion being imported daily from Afghanistan and Iran

Over 2000 tons onion being imported daily from Afghanistan and Iran

Onion prices have gone down by Rs 240 per 40 kg as a result of its import from Afghanistan and Iran. Pakistan is importing around 1600 tons onion from Kabul and 500 to 800 tons from Iran daily via land route, President of Wholesale Vegetable Welfare Assoc
Published 20 Sep, 2007 12:00am
Over 2000 tons onion being imported daily from Afghanistan and Iran

Over 2000 tons onion being imported daily from Afghanistan and Iran

Onion prices have gone down by Rs 240 per 40 kg as a result of its import from Afghanistan and Iran. Pakistan is importing around 1600 tons onion from Kabul and 500 to 800 tons from Iran daily via land route, President of Wholesale Vegetable Welfare Assoc
Published 20 Sep, 2007 12:00am
Zero-percent sales tax on pigment thickener import

Zero-percent sales tax on pigment thickener import

The Federal Board of Revenue (FBR) will levy zero-percent sales tax on the import and supply of pigment thickener (Pakistan Customs Tariff heading 3906.9030). The board has amended SRO 509(I)/2007 through a notification issued on Wednesday.
Published 20 Sep, 2007 12:00am
Zero-percent sales tax on pigment thickener import

Zero-percent sales tax on pigment thickener import

The Federal Board of Revenue (FBR) will levy zero-percent sales tax on the import and supply of pigment thickener (Pakistan Customs Tariff heading 3906.9030). The board has amended SRO 509(I)/2007 through a notification issued on Wednesday.
Published 20 Sep, 2007 12:00am
Zero-percent sales tax on pigment thickener import

Zero-percent sales tax on pigment thickener import

The Federal Board of Revenue (FBR) will levy zero-percent sales tax on the import and supply of pigment thickener (Pakistan Customs Tariff heading 3906.9030). The board has amended SRO 509(I)/2007 through a notification issued on Wednesday.
Published 20 Sep, 2007 12:00am
Zero-percent sales tax on pigment thickener import

Zero-percent sales tax on pigment thickener import

The Federal Board of Revenue (FBR) will levy zero-percent sales tax on the import and supply of pigment thickener (Pakistan Customs Tariff heading 3906.9030). The board has amended SRO 509(I)/2007 through a notification issued on Wednesday.
Published 20 Sep, 2007 12:00am
Used cars import down in July-August

Used cars import down in July-August

The import of used-cars has declined as only 2,687 vehicles were imported during the first two months of July and August 2007, it is learnt.
Published 20 Sep, 2007 12:00am
Used cars import down in July-August

Used cars import down in July-August

The import of used-cars has declined as only 2,687 vehicles were imported during the first two months of July and August 2007, it is learnt.
Published 20 Sep, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 20 Sep, 2007 12:00am
Used cars import down in July-August

Used cars import down in July-August

The import of used-cars has declined as only 2,687 vehicles were imported during the first two months of July and August 2007, it is learnt.
Published 20 Sep, 2007 12:00am
Pakistan embarks on structural reforms agenda: Prime Minister

Pakistan embarks on structural reforms agenda: Prime Minister

Prime Minister Shaukat Aziz on Wednesday said that Pakistan has achieved record economic growth and stability yet there are certain challenges which have to be confronted in order to achieve the desired level of progress and prosperity.
Published 20 Sep, 2007 12:00am
Sida and FAO enter over $6.4 million partnership with Erra

Sida and FAO enter over $6.4 million partnership with Erra

Swedish International Development Co-operation Agency (Sida) and UN Food and Agriculture Organisation (FAO) have entered into a $6,491,712 million partnership with Earthquake Reconstruction and Rehabilitation Authority (Erra) and its partners for restorin
Published 20 Sep, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Punjab to regularise services of 10,000 teachers

Punjab to regularise services of 10,000 teachers

The Punjab Government has decided to regularise services of about 10,000 educators inducted in the Education Department on adhoc basis to fulfil the shortage of teachers in the province.
Published 20 Sep, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 20 Sep, 2007 12:00am
Punjab to regularise services of 10,000 teachers

Punjab to regularise services of 10,000 teachers

The Punjab Government has decided to regularise services of about 10,000 educators inducted in the Education Department on adhoc basis to fulfil the shortage of teachers in the province.
Published 20 Sep, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Sep, 2007 12:00am
'No plan to cut PTCL staff'

'No plan to cut PTCL staff'

PTCL is planning a Voluntary Separation Scheme (VSS) for employees, which would be absolutely 'non-binding', and nobody would be forced to leave the company.
Published 20 Sep, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Sep, 2007 12:00am
'No plan to cut PTCL staff'

'No plan to cut PTCL staff'

PTCL is planning a Voluntary Separation Scheme (VSS) for employees, which would be absolutely 'non-binding', and nobody would be forced to leave the company.
Published 20 Sep, 2007 12:00am
China to launch foreign exchange agency on September 28

China to launch foreign exchange agency on September 28

China's much-awaited new sovereign wealth fund will start operations on September 28, a semi-official newspaper reported on Wednesday. The China Business News, echoing other media reports, said the chairman of the agency would be Lou Jiwei, a former deput
Published 20 Sep, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (September 19, 2007).

Published 20 Sep, 2007 12:00am
Guidelines for Dar-ul-Amans launched

Guidelines for Dar-ul-Amans launched

Punjab Social Welfare Minister Rai Munsab Ali has said his government and Germany are jointly implementing a development project to support the current reforms to reduce discrimination and violence against women and girls in Punjab.
Published 20 Sep, 2007 12:00am
Hearing of three NAB references adjourned

Hearing of three NAB references adjourned

The hearing of three NAB references against Irshad Ahmed Shaikh, Abdul Hakeem Makhdoom, Pir Bux Solangi and Abdul Sattar Mandokhel was adjourned till October 22, 2007 by Accountability Court No I at the request of junior defence counsel.
Published 20 Sep, 2007 12:00am
Etisalat job-cut plan opposed

Etisalat job-cut plan opposed

Workers at Pakistan Telecommunication Co Ltd (PTCL) will resist plans by Emirates Telecommunications Corp (Etisalat) to cut jobs at its Pakistani affiliate, a union leader said on Wednesday. United Arab Emirates based Etisalat said on Tuesday it was plann
Published 20 Sep, 2007 12:00am
Beggars invade Karachi

Beggars invade Karachi

Beggars from upcountry have 'invaded' Karachi city for the month of Ramazan and the coming Eidul Fitr, reports UPP correspondent. Though the City District Government and the various Town Administrations including specialist the Gulshan Iqbal town administ
Published 20 Sep, 2007 12:00am
PTCL employees' salaries increased by 15 percent

PTCL employees' salaries increased by 15 percent

PTCL has announced 15 percent increment in salaries for all regular PTCL employees effective from the next month. In this regard a press release was issued by the company here on Wednesday said that the decision had been taken on the basis of a proposal m
Published 20 Sep, 2007 12:00am
Ibad assures cooperation to petroleum dealers

Ibad assures cooperation to petroleum dealers

Sindh Governor Dr Ishrat-ul-Ibad has assured of all possible co-operation to get relief for Petroleum Dealers Association without over-burdening the people. He issued necessary instructions to concerned authorities for taking action against illegal sale o
Published 20 Sep, 2007 12:00am
Committee formed for SCBA elections

Committee formed for SCBA elections

Secretary Supreme Court Bar Association (SCBA) Zulfiqar Ali Bokhari has constituted a four member Election Committee to hold SCBA elections 2007 on October 27. A SCBA notification issued here on Wednesday said that Hafiz S A Rehman Advocate Supreme Court
Published 20 Sep, 2007 12:00am
Yuvraj's six sixes in over keep India afloat

Yuvraj's six sixes in over keep India afloat

Yuvraj Singh smashed English fast bowler Stuart Broad for six sixes in an over as India won by 18 runs to stay alive in the Twenty20 world championships here on Wednesday.
Published 20 Sep, 2007 12:00am
Yuvraj's six sixes in over keep India afloat

Yuvraj's six sixes in over keep India afloat

Yuvraj Singh smashed English fast bowler Stuart Broad for six sixes in an over as India won by 18 runs to stay alive in the Twenty20 world championships here on Wednesday.
Published 20 Sep, 2007 12:00am
New York cotton

New York cotton

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

Published 20 Sep, 2007 12:00am
New York cotton

New York cotton

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

Published 20 Sep, 2007 12:00am
Dealers receiving flour at former mill rate

Dealers receiving flour at former mill rate

The flour dealers have reported that they have started receiving flour from mills at the government's ex-mill rate of Rs 285 per 20 kg bag. Multan Road's flour dealers and the dealers from other areas apprised that prices are being quoted by the mills on
Published 20 Sep, 2007 12:00am