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Print - 2007-09-26
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 25, 2007).

Published 26 Sep, 2007 12:00am
Action against undisciplined interns

Action against undisciplined interns

Establishment Division (ED) has shown concern over the increasing trend of absenteeism among interns without prior recommendation of the host organisation, sources said here on Tuesday.
Published 26 Sep, 2007 12:00am
Low gas pressure irks Karachiites

Low gas pressure irks Karachiites

The low pressure of piped natural gas has been badly affecting the preparations for Sehri and Iftar in the metropolis for the last two days. Gas consumers in Gulshan-e-Iqbal, parts of Azizabad and Liaquatabad and Nazimabad, Gulistan-e-Jauher, Shah Faisal
Published 26 Sep, 2007 12:00am
Abraaj capital sells majority stake to Septech

Abraaj capital sells majority stake to Septech

Abraaj Capital, the premier investment firm specialising in private equity investment in the Middle East, North Africa and South Asia (MENASA) regions announced today the sale of its majority stake in Septech Holdings Limited, generating a 39 percent inte
Published 26 Sep, 2007 12:00am
THE RUPEE: nominal change in currency ratios

THE RUPEE: nominal change in currency ratios

The rupee managed to hold its overnight levels against dollar in the interbank market on Tuesday for buying and selling at Rs 60.60 and Rs 60.61, dealers said. Easy supply of dollar enabled the rupee to maintain its levels versus the US currency, they sai
Published 26 Sep, 2007 12:00am
Abraaj capital sells majority stake to Septech

Abraaj capital sells majority stake to Septech

Abraaj Capital, the premier investment firm specialising in private equity investment in the Middle East, North Africa and South Asia (MENASA) regions announced today the sale of its majority stake in Septech Holdings Limited, generating a 39 percent inte
Published 26 Sep, 2007 12:00am
THE RUPEE: nominal change in currency ratios

THE RUPEE: nominal change in currency ratios

The rupee managed to hold its overnight levels against dollar in the interbank market on Tuesday for buying and selling at Rs 60.60 and Rs 60.61, dealers said. Easy supply of dollar enabled the rupee to maintain its levels versus the US currency, they sai
Published 26 Sep, 2007 12:00am
Lawyers to observe countrywide strike on September 27

Lawyers to observe countrywide strike on September 27

The Lawyers National Action Committee will observe nation-wide strike on Thursday and black day on Saturday to protest against the election of the President of Pakistan by the assemblies whose term expires in November 2007.
Published 26 Sep, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (September 25, 2007).

Published 26 Sep, 2007 12:00am
Lawyers to observe countrywide strike on September 27

Lawyers to observe countrywide strike on September 27

The Lawyers National Action Committee will observe nation-wide strike on Thursday and black day on Saturday to protest against the election of the President of Pakistan by the assemblies whose term expires in November 2007.
Published 26 Sep, 2007 12:00am
Rs 120 billion SDP for Fata approved

Rs 120 billion SDP for Fata approved

President General, Pervez Musharraf and Prime Minister, Shaukat Aziz, on Tuesday approved a priorities'' list for Rs 120 billion Sustainable Development Programme (SDP) for Federally Administrated Tribal Area (Fata). SDP spans over 9 years and will be com
Published 26 Sep, 2007 12:00am
Rs 120 billion SDP for Fata approved

Rs 120 billion SDP for Fata approved

President General, Pervez Musharraf and Prime Minister, Shaukat Aziz, on Tuesday approved a priorities' list for Rs 120 billion Sustainable Development Programme (SDP) for Federally Administrated Tribal Area (Fata). SDP spans over 9 years and will be comp
Published 26 Sep, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Sep, 2007 12:00am
Rs 120 billion SDP for Fata approved

Rs 120 billion SDP for Fata approved

President General, Pervez Musharraf and Prime Minister, Shaukat Aziz, on Tuesday approved a priorities' list for Rs 120 billion Sustainable Development Programme (SDP) for Federally Administrated Tribal Area (Fata). SDP spans over 9 years and will be comp
Published 26 Sep, 2007 12:00am
Board meetings in progress

Board meetings in progress

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

Published 26 Sep, 2007 12:00am
MMA endorses APDM decisions

MMA endorses APDM decisions

The marathon meeting of the Supreme Council of Mutahidda Majlis-i-Amal (MMA) here on Tuesday night endorsed decisions of the APDM about resignations from the National Assembly (NA) but delayed the decision of dissolving the NWFP Assembly for the time bein
Published 26 Sep, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Sep, 2007 12:00am
MMA endorses APDM decisions

MMA endorses APDM decisions

The marathon meeting of the Supreme Council of Mutahidda Majlis-i-Amal (MMA) here on Tuesday night endorsed decisions of the APDM about resignations from the National Assembly (NA) but delayed the decision of dissolving the NWFP Assembly for the time bein
Published 26 Sep, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 26 Sep, 2007 12:00am
World leaders express new optimism on Doha deal

World leaders express new optimism on Doha deal

World leaders signalled on Tuesday that a long-awaited world trade deal could be within reach, reviving some hopes that the Doha round of talks may finally move beyond years of deadlock and discord.
Published 26 Sep, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (September 25, 2007).

Published 26 Sep, 2007 12:00am
World leaders express new optimism on Doha deal

World leaders express new optimism on Doha deal

World leaders signalled on Tuesday that a long-awaited world trade deal could be within reach, reviving some hopes that the Doha round of talks may finally move beyond years of deadlock and discord.
Published 26 Sep, 2007 12:00am
World leaders express new optimism on Doha deal

World leaders express new optimism on Doha deal

World leaders signalled on Tuesday that a long-awaited world trade deal could be within reach, reviving some hopes that the Doha round of talks may finally move beyond years of deadlock and discord.
Published 26 Sep, 2007 12:00am
Karachi suffers daylong outages

Karachi suffers daylong outages

The city remained without electricity whole day on Tuesday as technical faults persisted in two units at Korangi thermal power station and one at Bin Qasim power station for the last three days.
Published 26 Sep, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 Sep, 2007 12:00am
Karachi suffers daylong outages

Karachi suffers daylong outages

The city remained without electricity whole day on Tuesday as technical faults persisted in two units at Korangi thermal power station and one at Bin Qasim power station for the last three days.
Published 26 Sep, 2007 12:00am
NWFP chamber inks MoUs with PSDC and SIDB

NWFP chamber inks MoUs with PSDC and SIDB

NWFP Chamber of Commerce and Industry have inked two Memorandum of Understandings (MoUs) with the Pakistan Stone Development Company (PSDC) and Small Industries Development Board (SIDB) separately.
Published 26 Sep, 2007 12:00am
Munich Re offers Sharia-compliant policies in Malaysia

Munich Re offers Sharia-compliant policies in Malaysia

The world's second biggest re-insurance company, Munich Re, said Tuesday will conduct "Retakaful business" based on principles of Islamic law from its new office in Malaysia. Munich Re's branch in Kuala Lumpur will be "entirely devoted to Retakaful busine
Published 26 Sep, 2007 12:00am
Pakistan becomes rinder-pest-free country

Pakistan becomes rinder-pest-free country

National Assembly Standing Committee on Food Agriculture and Livestock was informed on Tuesday that Pakistan had been made rinderpest (animal disease) free country owing to effective policies and continued struggle of the government.
Published 26 Sep, 2007 12:00am
Khurshid gets one-week transit bail

Khurshid gets one-week transit bail

The district and sessions judge Peshawar on Tuesday granted one-week interim transit bail to Khurshid Khan, advocate, charged with spraying black paint on the face of Ahmad Raza Kasuri, federal government counsel in dual office of President Musharraf, in
Published 26 Sep, 2007 12:00am
Wajih resigns from election monitoring body

Wajih resigns from election monitoring body

Former Justice Wajihuddin Ahmad, who served as honorary chairman and member of the non-partisan election-process monitoring body, Citizens Group on Electoral Process (CGEP) on Tuesday resigned from the Group following his nomination as Presidential candid
Published 26 Sep, 2007 12:00am
Wajih resigns from election monitoring body

Wajih resigns from election monitoring body

Former Justice Wajihuddin Ahmad, who served as honorary chairman and member of the non-partisan election-process monitoring body, Citizens Group on Electoral Process (CGEP) on Tuesday resigned from the Group following his nomination as Presidential candid
Published 26 Sep, 2007 12:00am
Exporters suffer due to discontinuation of LTF-EOP

Exporters suffer due to discontinuation of LTF-EOP

Pakistan''s exporters are faced with the prospect of cancellation of export orders from different countries, as their loan applications under Long-Term Financing-Export Oriented Products (LTF-EOP) are not being accepted.
Published 26 Sep, 2007 12:00am
Exporters suffer due to discontinuation of LTF-EOP

Exporters suffer due to discontinuation of LTF-EOP

Pakistan's exporters are faced with the prospect of cancellation of export orders from different countries, as their loan applications under Long-Term Financing-Export Oriented Products (LTF-EOP) are not being accepted.
Published 26 Sep, 2007 12:00am
Exporters suffer due to discontinuation of LTF-EOP

Exporters suffer due to discontinuation of LTF-EOP

Pakistan's exporters are faced with the prospect of cancellation of export orders from different countries, as their loan applications under Long-Term Financing-Export Oriented Products (LTF-EOP) are not being accepted.
Published 26 Sep, 2007 12:00am
Selling-pressure grips ISE

Selling-pressure grips ISE

Losers outclassed gainers at the Islamabad Stock Exchange (ISE) where selling-pressure intensified in trend-setters moved the entire ready-board in downward direction amid decrease in index. ISE-10 Index showed a decline of 15.93 points as the ISE index m
Published 26 Sep, 2007 12:00am
Selling-pressure grips ISE

Selling-pressure grips ISE

Losers outclassed gainers at the Islamabad Stock Exchange (ISE) where selling-pressure intensified in trend-setters moved the entire ready-board in downward direction amid decrease in index. ISE-10 Index showed a decline of 15.93 points as the ISE index m
Published 26 Sep, 2007 12:00am
EU lawmakers eye bold targets for renewable energy

EU lawmakers eye bold targets for renewable energy

European Union lawmakers agreed on Tuesday to seek ambitious targets for renewable energy sources in negotiations next year on details of the bloc's programme to fight climate change.
Published 26 Sep, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (September 25, 2007).

Published 26 Sep, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (September 25, 2007).

Published 26 Sep, 2007 12:00am
Asia boom creating slum-dwellers

Asia boom creating slum-dwellers

The influx of rural workers heading to Asia's booming cities in search of employment is fuelling a rise in the number of slum-dwellers, US-based Habitat for Humanity said Tuesday.
Published 26 Sep, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (September 25, 2007).

Published 26 Sep, 2007 12:00am
Asia boom creating slum-dwellers

Asia boom creating slum-dwellers

The influx of rural workers heading to Asia's booming cities in search of employment is fuelling a rise in the number of slum-dwellers, US-based Habitat for Humanity said Tuesday.
Published 26 Sep, 2007 12:00am
Mixed trend on LSE

Mixed trend on LSE

The share market, Lahore Stock Exchange (LSE), remained directionless on Tuesday where equities moved both ways amid descending transaction volume for lack of interest on the part of investors. The LSE-25 index marginally declined by 8.08 points closing a
Published 26 Sep, 2007 12:00am
Mixed trend on LSE

Mixed trend on LSE

The share market, Lahore Stock Exchange (LSE), remained directionless on Tuesday where equities moved both ways amid descending transaction volume for lack of interest on the part of investors. The LSE-25 index marginally declined by 8.08 points closing a
Published 26 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 Tuesday (September 25, 2007).

Published 26 Sep, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (September 25, 2007).

Published 26 Sep, 2007 12:00am
Bitumen import allowed

Bitumen import allowed

The government has decided to allow import of bitumen, at concessionary tariff, for continuation of development activities, official sources told Business Recorder.
Published 26 Sep, 2007 12:00am
Bitumen import allowed

Bitumen import allowed

The government has decided to allow import of bitumen, at concessionary tariff, for continuation of development activities, official sources told Business Recorder.
Published 26 Sep, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (September 25, 2007).

Published 26 Sep, 2007 12:00am
Bitumen import allowed

Bitumen import allowed

The government has decided to allow import of bitumen, at concessionary tariff, for continuation of development activities, official sources told Business Recorder.
Published 26 Sep, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (September 25, 2007).
Published 26 Sep, 2007 12:00am
US House votes to tighten Iran nuclear sanctions

US House votes to tighten Iran nuclear sanctions

The US House of Representatives on Tuesday overwhelming passed legislation calling for Iran's Revolutionary Guard to be designated a terrorist organisation and tightening sanctions on Tehran. The legislation passed by 397 votes to 16 as tensions spiked be
Published 26 Sep, 2007 12:00am
US House votes to tighten Iran nuclear sanctions

US House votes to tighten Iran nuclear sanctions

The US House of Representatives on Tuesday overwhelming passed legislation calling for Iran's Revolutionary Guard to be designated a terrorist organisation and tightening sanctions on Tehran. The legislation passed by 397 votes to 16 as tensions spiked be
Published 26 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 Tuesday (September 25, 2007).

Published 26 Sep, 2007 12:00am
NCEL to start futures trading in rice

NCEL to start futures trading in rice

The country''s first commodity exchange, National Commodity Exchange Limited (NCEL), soon after the approval of the trading draft by the Securities and Exchange Commission of Pakistan (SECP), will start futures trading in rice.
Published 26 Sep, 2007 12:00am
NCEL to start futures trading in rice

NCEL to start futures trading in rice

The country's first commodity exchange, National Commodity Exchange Limited (NCEL), soon after the approval of the trading draft by the Securities and Exchange Commission of Pakistan (SECP), will start futures trading in rice.
Published 26 Sep, 2007 12:00am
NCEL to start futures trading in rice

NCEL to start futures trading in rice

The country's first commodity exchange, National Commodity Exchange Limited (NCEL), soon after the approval of the trading draft by the Securities and Exchange Commission of Pakistan (SECP), will start futures trading in rice.
Published 26 Sep, 2007 12:00am
BRIndex30 loses 47.31 points

BRIndex30 loses 47.31 points

On Tuesday, the BR Index30 opened in the green zone, at 14,393.86, but closed at 14,268.34 with a net negative change of -47.31 points, or -0.33 percent. It experienced intra-day high of 14,398.20 and low of 14,250.11, with the volume of 130,379,400 share
Published 26 Sep, 2007 12:00am