News Archives for Print - 2007-10-11

Rotterdam vegetable oil prices

Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

Published 11 Oct, 2007 12:00am

Zimbabwe to import 30,000 tonnes of wheat

Zimbabwe will import 30,000 tonnes of wheat from its neighbours in a bid to ease widespread bread shortages of bread, the agriculture minister has announced, according to the state daily.

Published 11 Oct, 2007 12:00am

Oil rises on winter supply worries

Oil prices rose more than a dollar on Wednesday on expectations of tight fuel inventories heading into the Northern Hemisphere winter and news of a fire at BP Plc's oil field in Alaska. US crude jumped $1.04 to $81.30 a barrel by 1830 GMT, after gaining m

Published 11 Oct, 2007 12:00am

Indian sugar surplus seen down

India's sugar surplus is likely to drop by 2 million tonnes in 2007/08 following a government decision to allow ethanol production directly from cane juice, a senior industry official said on Wednesday.

Published 11 Oct, 2007 12:00am

London coffee up; cocoa and sugar down

London robusta coffee futures ended mostly higher on Wednesday as the market consolidated after Tuesday's sharp setback with business dominated by rolling forward of positions out of the front month, dealers said. Cocoa futures dipped to a one-month low,

Published 11 Oct, 2007 12:00am

Chrysler workers walk out of US plants

Chrysler LLC workers began to walk off the job Wednesday as negotiations stalled ahead of a strike deadline. "It's official, it's a go," Scott Mills, a United Auto Workers union picket captain told AFP about the strike, as he began handing out picket sign

Published 11 Oct, 2007 12:00am

Five former communist nations sign oil pipeline deal bypassing Russia

Five former communist-bloc countries signed a deal Wednesday to extend an oil pipeline that bypasses Russia, in a move that could diversify supplies and cut Moscow's energy clout.

Published 11 Oct, 2007 12:00am

Lockheed Martin eyes Japanese parts

Lockheed Martin Corp, the Pentagon's No 1 supplier, would be interested in buying parts from Japan if permitted under the country's pacifist constitution, a company executive told Reuters on Tuesday.

Published 11 Oct, 2007 12:00am

China storms printing market

China's economic expansion is fast making it a force to be reckoned with in the publishing world, exhibitors at the world's biggest book fair said Wednesday as it opened its doors. China's strength is its printing works and it has increased its presence a

Published 11 Oct, 2007 12:00am

Brazil blasts 'unfair' US as trade talks stalled

Brazil on Wednesday criticised the United States for its stance on stalled talks at the World Trade Organisation, saying Washington and other developed countries were misleading public opinion.

Published 11 Oct, 2007 12:00am

Globalisation must be 'inclusive': Zoellick

World Bank president Robert Zoellick said Wednesday that globalisation must be "inclusive and sustainable" if it is to help combat grinding poverty around the world. In a speech at the National Press Club, marking his first 100 days in office, Zoellick sa

Published 11 Oct, 2007 12:00am

Record Japanese firms ordered to pay overtime

A record number of Japanese firms have been ordered to compensate workers for unpaid overtime despite a recovery in the world's second largest economy, officials said Wednesday. The number of companies which paid overtime after being faulted by labour ins

Published 11 Oct, 2007 12:00am

Ministry given three weeks to submit report about TV channels

A four-member bench of the Supreme Court headed by Chief Justice Iftikhar Muhammad Chaudhry on Wednesday gave three-week time to the Ministry of Information and Broadcasting to submit a complete report regarding alleged objectionable programmes on PTV and

Published 11 Oct, 2007 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 11 Oct, 2007 12:00am

ECC approves incentives for refineries: 0.1 million tons wheat to be imported from Russia

The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved incentives for oil refineries and petrochemical projects to be established along the coast of Balochistan, particularly in the vicinity of Gwadar.

Published 11 Oct, 2007 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (October 10, 2007).

Published 11 Oct, 2007 12:00am

Boeing delays 787 deliveries for six months

US aircraft manufacturer Boeing on Wednesday delayed for six months the first deliveries of its new 787 Dreamliner plane, which will now not be delivered until December 2008. It also delayed the first flight of the long-range jet to late March 2008.

Published 11 Oct, 2007 12:00am

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Wednesday (October 10, 2007).

Published 11 Oct, 2007 12:00am

Australia approves $17.8 billion Gorgon gas project

The Australian government gave a green light Wednesday to the 20-billion-dollar (17.8-billion-US) Gorgon gas development after imposing strict conditions designed to protect endangered species.

Published 11 Oct, 2007 12:00am

Textile Mills: GADOON TEXTILE MILLS LIMITED - Analysis of Financial Statements September 2003 - June 2006

Gadoon Textile Mills Limited (GTML) is a textile spinning unit equipped with 185,000 spindles and is located in NWFP at Gadoon Amazai Industrial Estate District Swabi. It is a public limited company, which was incorporated on February 23, 1988 and is list

Published 11 Oct, 2007 12:00am

First 100 families return to battered Lebanon camp

The first 100 Palestinian families returned on Wednesday to Nahr al-Bared, a refugee camp which was largely destroyed in 15 weeks of fighting between Lebanese troops and Islamist militants, witnesses said.

Published 11 Oct, 2007 12:00am

Textile Mills: GADOON TEXTILE MILLS LIMITED - Analysis of Financial Statements September 2003 - June 2006

Gadoon Textile Mills Limited (GTML) is a textile spinning unit equipped with 185,000 spindles and is located in NWFP at Gadoon Amazai Industrial Estate District Swabi. It is a public limited company, which was incorporated on February 23, 1988 and is list

Published 11 Oct, 2007 12:00am

Bush opposes Armenia "genocide"

US President George W. Bush on Wednesday opposed a move by Congress to label the Ottoman massacres of Armenians a genocide saying it would do "great harm" to ties with key ally Turkey. "I urge members to oppose the Armenian genocide resolution now being c

Published 11 Oct, 2007 12:00am

THE RUPEE: dollar moves both ways

Marginal gain was seen in the interbank market on Wednesday ahead of the long week-end as the rupee inched up with a rise of one paisa against the dollar for buying and selling at Rs 60.70 and Rs 60.72. in the open market it shed seven paisa for buying an

Published 11 Oct, 2007 12:00am

Northern Rock jumps over 40 percent

Shares in Northern Rock rose more than 40 percent on Wednesday, as funds built stakes in the stricken mortgage lender, encouraged by new government guarantees that have boosted hopes of a rescue package.

Published 11 Oct, 2007 12:00am

THE RUPEE: dollar moves both ways

Marginal gain was seen in the interbank market on Wednesday ahead of the long week-end as the rupee inched up with a rise of one paisa against the dollar for buying and selling at Rs 60.70 and Rs 60.72. in the open market it shed seven paisa for buying an

Published 11 Oct, 2007 12:00am

Greenspan sees US economic toll from credit crunch

The credit crunch that has troubled financial markets in recent months will eventually take its toll on the US economy, former Federal Reserve Chairman Alan Greenspan said on Wednesday.

Published 11 Oct, 2007 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (October 10, 2007).

Published 11 Oct, 2007 12:00am

Indonesian parliament approves 2008 budget

Indonesia's parliament has approved a 2008 budget that sets a growth target of 6.8 percent for Southeast Asia's biggest economy, the fastest pace since 1996, and a higher budget deficit target.

Published 11 Oct, 2007 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (October 10, 2007).

Published 11 Oct, 2007 12:00am

Nintendo to launch Wii workout board in December

Couch potatoes beware: Wii owners will be able to get an even more vigorous workout from December when Nintendo launches a new fitness balance board for its hit video game console. The "Wii Fit" board and software can be used for exercising, sports and ga

Published 11 Oct, 2007 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 10, 2007).

Published 11 Oct, 2007 12:00am

'OICCI contributes 32 percent of GDP'

The Overseas Investors Chamber of Commerce and Industry (OICCI) contributes over 14 percent of GNP of Pakistan and approximately 32 percent of the GDP of the manufacturing sector. President OICCI Zubyr Soomro told Business Recorder on Thursday that

Published 11 Oct, 2007 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 10, 2007).

Published 11 Oct, 2007 12:00am

'OICCI contributes 32 percent of GDP'

The Overseas Investors Chamber of Commerce and Industry (OICCI) contributes over 14 percent of GNP of Pakistan and approximately 32 percent of the GDP of the manufacturing sector. President OICCI Zubyr Soomro told Business Recorder on Thursday that

Published 11 Oct, 2007 12:00am

National Commodity Exchange Trading Summary

National Commodity Exchange Limited Trading Summary on Wednesday (October 10, 2007).

Published 11 Oct, 2007 12:00am

''OICCI contributes 32 percent of GDP''

The Overseas Investors Chamber of Commerce and Industry (OICCI) contributes over 14 percent of GNP of Pakistan and approximately 32 percent of the GDP of the manufacturing sector. President OICCI Zubyr Soomro told Business Recorder on Thursday that

Published 11 Oct, 2007 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (October 10, 2007).

Published 11 Oct, 2007 12:00am

Two security personnel killed in North Waizristan

At least two security personnel were killed and four others injured Wednesday when miscreants attacked a military convoy with a remote control bomb in Dutta Khel area of North Waziristan. A convoy of security forces was also attacked with a remote control

Published 11 Oct, 2007 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 10, 2007).

Published 11 Oct, 2007 12:00am

Two security personnel killed in North Waizristan

At least two security personnel were killed and four others injured Wednesday when miscreants attacked a military convoy with a remote control bomb in Dutta Khel area of North Waziristan. A convoy of security forces was also attacked with a remote control

Published 11 Oct, 2007 12:00am

Poultry rates

Wholesale poultry rates on Wednesday (October 10, 2007) and for Thursday (October 11, 2007).

Published 11 Oct, 2007 12:00am

Four soldiers laid to rest in Taunsa

Four soldiers of Pakistan army were laid to rest with military honour on Wednesday in Taunsa Sharif tehsil. They were martyred in North Waziristan during an operation against the miscreants. Bodies of Ghulam Yasin of village Nari, Muhammad Tariq of Hero-e

Published 11 Oct, 2007 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 10, 2007).

Published 11 Oct, 2007 12:00am

PML leader shot dead in Quetta

Unknown gunmen Wednesday shot dead a prominent politician belonging to the ruling Pakistan Muslim League in Quetta, police said. Unidentified attackers on a motorbike ambushed the car of Sher Jan Marri, 32, and fled after shooting him in Quetta, senior po

Published 11 Oct, 2007 12:00am

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, October 11, 2007.

Published 11 Oct, 2007 12:00am

PML leader shot dead in Quetta

Unknown gunmen Wednesday shot dead a prominent politician belonging to the ruling Pakistan Muslim League in Quetta, police said. Unidentified attackers on a motorbike ambushed the car of Sher Jan Marri, 32, and fled after shooting him in Quetta, senior po

Published 11 Oct, 2007 12:00am

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, October 11, 2007.

Published 11 Oct, 2007 12:00am

ADB to add $30 million to grant financing for quake fund

Asian Development Bank has decided to increase an amount equivalent to $30 million in grant financing for Pakistan Earthquake Fund (PEF). Twenty million dollars contribution made by the Government of Norway and $10 million contribution made by the Governm

Published 11 Oct, 2007 12:00am

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, October 11, 2007.

Published 11 Oct, 2007 12:00am

ADB to add $30 million to grant financing for quake fund

Asian Development Bank has decided to increase an amount equivalent to $30 million in grant financing for Pakistan Earthquake Fund (PEF). Twenty million dollars contribution made by the Government of Norway and $10 million contribution made by the Governm

Published 11 Oct, 2007 12:00am

LME official prices

LME official prices on Tuesday.

Published 11 Oct, 2007 12:00am

ABN chairman to step down

ABN Amro chairman Rijkman Groenink will step down, the Dutch bank announced Wednesday after a European consortium led by Royal Bank of Scotland declared victory in a take-over battle for the lender.

Published 11 Oct, 2007 12:00am

LME official prices

LME official prices on Tuesday.

Published 11 Oct, 2007 12:00am

PSMA foresees another sugar crisis

A spokesman for Pakistan Sugar Mills Association (PSMA) has expressed its apprehensions about the possible emergence of another sugar crisis in the country. He said, "We understand there are grave crisis in India due to surplus production of sugar and as

Published 11 Oct, 2007 12:00am

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 11 Oct, 2007 12:00am

PSMA foresees another sugar crisis

A spokesman for Pakistan Sugar Mills Association (PSMA) has expressed its apprehensions about the possible emergence of another sugar crisis in the country. He said, "We understand there are grave crisis in India due to surplus production of sugar and as

Published 11 Oct, 2007 12:00am

New York cotton

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

Published 11 Oct, 2007 12:00am

PSMA foresees another sugar crisis

A spokesman for Pakistan Sugar Mills Association (PSMA) has expressed its apprehensions about the possible emergence of another sugar crisis in the country. He said, "We understand there are grave crisis in India due to surplus production of sugar and as

Published 11 Oct, 2007 12:00am

New York cotton

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

Published 11 Oct, 2007 12:00am

$1.5 billion 'unofficial' trade conversion to benefit India and Pakistan alike

The volume of trade between India and Pakistan through third country and other illegal means has been estimated at around $1 to 1.5 billion annually. The goods include chemicals, industrial machinery, spices, tyres, tea, medicines, videotapes, cosmetics a

Published 11 Oct, 2007 12:00am

The Weather

The weather report on Wednesday (October 10, 2007) and the forecast for Thursday (October 11, 2007).

Published 11 Oct, 2007 12:00am

$1.5 billion 'unofficial' trade conversion to benefit India and Pakistan alike

The volume of trade between India and Pakistan through third country and other illegal means has been estimated at around $1 to 1.5 billion annually. The goods include chemicals, industrial machinery, spices, tyres, tea, medicines, videotapes, cosmetics a

Published 11 Oct, 2007 12:00am

$1.5 billion ''unofficial'' trade conversion to benefit India and Pakistan alike

The volume of trade between India and Pakistan through third country and other illegal means has been estimated at around $1 to 1.5 billion annually. The goods include chemicals, industrial machinery, spices, tyres, tea, medicines, videotapes, cosmetics a

Published 11 Oct, 2007 12:00am

Leather footwear export down 17.18 percent in August

The export of leather footwear has gone down by 17.18 percent during August 2007 as compared to the same period last year, said official statistics. During August 2007, the country exported leather footwear worth $7.701 million against $9.2981 million in

Published 11 Oct, 2007 12:00am

Leather footwear export down 17.18 percent in August

The export of leather footwear has gone down by 17.18 percent during August 2007 as compared to the same period last year, said official statistics. During August 2007, the country exported leather footwear worth $7.701 million against $9.2981 million in

Published 11 Oct, 2007 12:00am

Leather footwear export down 17.18 percent in August

The export of leather footwear has gone down by 17.18 percent during August 2007 as compared to the same period last year, said official statistics. During August 2007, the country exported leather footwear worth $7.701 million against $9.2981 million in

Published 11 Oct, 2007 12:00am

Turkish Airlines planning daily flights to Pakistani cities

Turkish Airlines is planning to start daily flights to Karachi, Lahore and Islamabad, said Country Manager of Turkish Airlines, Levend Arisoy in an interview here on Wednesday. These will be separate as well as non-stop on the Pakistan-Turkey route, he sa

Published 11 Oct, 2007 12:00am

Thousands tribesmen offer funeral prayers

Thousands tribesmen offered funeral prayers Wednesday as they buried 50 people killed in military air strikes after days of heavy clashes near the Afghan border, officials said. Residents said the dead were civilians including women and children, but the

Published 11 Oct, 2007 12:00am

Defence Minister's nephew joins PPP

Rao Yasir Iqbal, the nephew of Defence Minister, Rao Sikandar Iqbal, on Wednesday announced to join the Pakistan People's Party (PPP) unconditionally. Talking to newsmen here on Wednesday, Rao expressed full confidence in the leadership of Benazir Bhutto.

Published 11 Oct, 2007 12:00am

Preparations to welcome Benazir in full swing

The preparations of Pakistan People's Party (PPP) to gave a rousing welcome to its chairperson on her arrival on October 18 in Karachi are in full swing as the walls besides main roads, bridges and vantage points of the city have been plastered with poste

Published 11 Oct, 2007 12:00am

National Foods earns Rs 129 million profit

The 36th annual general meeting held on Tuesday, of one of the most diversified food companies in the country, National Foods Ltd, endorsed the excellent financial results achieved for the financial year ending June 30, 2007. A final cash dividend of Rs 2

Published 11 Oct, 2007 12:00am

National Foods earns Rs 129 million profit

The 36th annual general meeting held on Tuesday, of one of the most diversified food companies in the country, National Foods Ltd, endorsed the excellent financial results achieved for the financial year ending June 30, 2007. A final cash dividend of Rs 2

Published 11 Oct, 2007 12:00am

SBP clarification

The State Bank of Pakistan (SBP) on Wednesday clarified that the amount of refinance not provided by the central bank, ie, component of the export credit provided by the banks under the Export Refinancing Scheme (ERS) @ 7.5 percent from their own sources,

Published 11 Oct, 2007 12:00am

Former Air Marshal shot dead

A retired air marshal of Pakistan Air Force was shot dead in Clifton Block 2 within the jurisdictions of Boat Basin police station on Wednesday morning. Seventy-eight-years-old Latif Kamra had retired from Air Force some eighteen years back. He was workin

Published 11 Oct, 2007 12:00am

Strong navy vital to defend maritime interests: Prime Minister

Prime Minister Shaukat Aziz on Wednesday said a strong Navy is vital for defending Pakistan's vast and diverse maritime interests besides being important for ensuring country's economic interests and maintaining peace in the region.

Published 11 Oct, 2007 12:00am

Batch of 300 troops leave for Ivory Coast

A batch of 300 Pakistani troops left here Wednesday on UN Peace-Keeping mission for Ivory Coast. The troops will replace the already deployed Pakistan Army Contingent in the war ravaged country as part of relieve and rotation schedule.

Published 11 Oct, 2007 12:00am

PN to continue reconstruction of quake-hit zone

Chief of Navel Staff Admiral Muhammad Afzal Tahir has said Pakistan Navy would continue contributing its due share in the ongoing efforts for reconstruction and rehabilitation of the earthquake-stricken areas of Azad Jammu & Kashmir and NWFP.

Published 11 Oct, 2007 12:00am

Price hike: LRGMA welcomes Supreme Court's suo motu notice

Lahore Retailers and General Merchants Association (LRGMA) has welcomed the suo motu notice taken by the Supreme Court against price hike and offered that if the government reduces rates of lentils, ghee, sugar and flour according to the directives of the

Published 11 Oct, 2007 12:00am

Supreme Court takes up price hike case today

Federal and provincial governments will submit their reports in the Supreme Court on Thursday about the measures taken by them to check the recent price hike of essential commodities in the country.

Published 11 Oct, 2007 12:00am

'Creation of Pakistan a manifestation of God's will'

Dr Riaz Ahmad, an historian and director of Cultural Research Institute at the Quaid Azam University described the creation of Pakistan as a manifestation of God's will to establish a modern democratic state based on Islamic teachings.

Published 11 Oct, 2007 12:00am

Wimax True Wireless Broadband launched

The Wateen Telecom has launched a range of technology platforms, including the world's first nation-wide deployment of Wimax True Wireless Broadband for the corporate and public sectors in Pakistan on October 1, being offered across the country.

Published 11 Oct, 2007 12:00am

Jamaat-i-Islami files review petition against dual-office verdict

Jamaat-i-Islami through its Amir Qazi Hussain Ahmed on Wednesday filed a review petition in the Supreme Court against the judgement of nine-member larger bench of the apex court, which held petitions challenging General Musharraf eligibility to contest pr

Published 11 Oct, 2007 12:00am

Almas Haider assumes charge as chief executive EDB

Chief Executive Officer, Engineering Development Board (EDB), Almas Haider has said that necessary skill development training would be provided to the officers of EDB in accordance with the future challenges.

Published 11 Oct, 2007 12:00am

'Samsung U100 listed as world's slimmest phone'

The Samsung Electronics Co Ltd, a leading mobile phone provider, is celebrating the entry of its slimmest mobile phone, Samsung U100, in the Guinness Book of Records 2008. Sangsuk Roh, Country Manager at Samsung Electronics briefed, "Samsung U100 was list

Published 11 Oct, 2007 12:00am

'Talks with PPP moving in right direction'

Federal Minister for Railways Sheikh Rashid Ahmed on Wednesday said there is no hurdle in talks with Chairperson Pakistan Peoples' Party (PPP) Benazir Bhutto and every thing is going in right direction. Talking to a private television the minister said he

Published 11 Oct, 2007 12:00am

Government to provide security to Benazir on October 18

The government is all set to provide foolproof security to the former Prime Minister and chairperson Pakistan Peoples Party, Benazir Bhutto on her scheduled return on October 18, after spending 11years in self-exile.

Published 11 Oct, 2007 12:00am

Competition Commission: delay in naming chairman, members causing problems

Delay in appointment of Chairman and members of the newly established Competition Commission of Pakistan is a serious setback for the commission officials, who are helpless to carry out day to day operations/enforcement since promulgation of Presidential

Published 11 Oct, 2007 12:00am

'406,197 bags of 20-kg flour received'

The Punjab food minister Hussain Jahanian Gardezi has said Lahore, Rawalpindi, Gujranwala, Multan and Faisalabad received up to 406,197 bags of 20-kg flour Tuesday. He said Rawalpindi got 151,045 bags, Lahore 98,648, Gujranwala 58,587, Multan 38,026 and F

Published 11 Oct, 2007 12:00am

MMA unity on the rocks?

By the time these lines appear in print the saga of Muttahida Majlis-i-Amal (MMA) government in the NWFP will have become part of history, unless the Byzantine politics of Pakistan takes one more turn. Chief Minister Akram Durrani sent a letter on Monday

Published 11 Oct, 2007 12:00am

Call for creating awareness about mental health

Mental disorder is among the top 10 illnesses, causing disability (more than 37 percent world-wide) with depression being its leading cause. About 800,000 people commit suicide in the world every year 86 percent of whom come from low and medium income gro

Published 11 Oct, 2007 12:00am

Work in progress on design of Sialkot-Lahore Motorway

Work is in progress on the detailed design of the 99km long Sialkot-Lahore Motorway, a mega project by the Punjab government, which will cost Rs 23 billion. NESPAK is providing engineering services for this motorway which will introduce a new era of devel

Published 11 Oct, 2007 12:00am

Punjab dairy department providing milk cooling tanks to farmers

Punjab Livestock and Dairy Development Department is providing milk cooling tanks to dairy farmers, farmers associations and those attached with dairy sector on 25 percent discount on payment of cash.

Published 11 Oct, 2007 12:00am

Mobilink named for World Communications Award

Mobilink has brought honour for Pakistan for being the only South Asian company to be represented at the World Communications Award 2007. Mobilink received "the Best Operator in a Developing Market" category award. The awards will be announced at a ceremo

Published 11 Oct, 2007 12:00am

'Record development schemes completed in Punjab'

It is an unprecedented example that the present government has completed record developmental projects and distributed 100,000 acres of state land and 1,14,000 plots of five marlas among the landless farmers and shelter-less people in Punjab during the la

Published 11 Oct, 2007 12:00am

Motorola secures largest WiMAX Network Contract

Motorola, Inc (NYSE: MOT) has secured two contracts for WiMAX network infrastructure from Taiwan's Far East Telecom (FET) as part of its role in the national M-Taiwan project. This was revealed in the company's information on Wednesday.

Published 11 Oct, 2007 12:00am

ICCI hails IPI gas line deal

President Islamabad Chamber of Commerce and Industry (ICCI) Nasir Khan appreciated deal on a pipeline project with Iran for supply of Iranian natural gas to Pakistan.

Published 11 Oct, 2007 12:00am

Punjab approves plan worth Rs 750 million

Punjab government has approved the plan for construction of housing colonies in Sialkot, Narowal and Gujranwala districts of Gujranwala division at a cost of Rs 750 million.

Published 11 Oct, 2007 12:00am

Minister calls for land reforms

Sindh Health Minister, Syed Sardar Ahmed has called for elimination of loopholes that were and still are hampering any attempts for land reforms in the country. At a seminar 'Land Reforms Prerequisite for Democratic Society', organised by Action Aid here

Published 11 Oct, 2007 12:00am

Earthquake-hit areas: Unicef starts construction of health units

United Nations International Children Emergency Fund (Unicef) has started construction of permanent buildings for Basic Health Units in earthquake-hit areas of NWFP and Azad Jammu and Kashmir.

Published 11 Oct, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.37
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
India Sensex / May 9	79,454.47
Tokyo Nikkei / May 9	37,503.33
Nasdaq / May 9	17,928.92
Hang Seng / May 9	22,867.74
FTSE 100 / May 9	8,554.80
Dow Jones / May 9	41,249.38
Germany DAX 30 / May 9	23,499.32
France CAC40 / May 9	7,743.75

Item	Value
Crude Oil USD/Barrel / May 9	61.02
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Gold Spot USD/Ounce / May 9	3,324.98
Cotton US¢/pound / May 9	66.61
Petrol/Litre / May 11	252.63
Diesel/Litre / May 11	256.64

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	5.98 ▲ 0.83 (16.12%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.22 ▲ 0.41 (14.59%)
UDL International / May 9 UDL International Limited(UDLI)	7.10 ▲ 0.85 (13.6%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.44 ▲ 0.65 (13.57%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.05 ▲ 0.23 (12.64%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.39 ▲ 0.48 (12.28%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.42 ▲ 0.7 (12.24%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.90 ▲ 0.41 (11.75%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27.05 ▼ -5.03 (-15.68%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Universal Ins. / May 9 The Universal Insurance Company Limited(UVIC)	8.25 ▼ -1 (-10.81%)
Sally Textile / May 9 Sally Textile Mills Limited(SLYT)	7.14 ▼ -0.86 (-10.75%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.43 ▼ -0.95 (-10.13%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
Dewan Mushtaq / May 9 Dewan Mushtaq Textile Mills Limited(DMTM)	9.29 ▼ -1.03 (-9.98%)
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	12.23 ▼ -1.35 (-9.94%)
First Elite Cap.Mod / May 9 First Elite Capital Modaraba(FECM)	18.44 ▼ -2 (-9.78%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,087,025 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,590,475 ▲ 0.7
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,288,646 ▼ -1.53
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,310,598 ▲ 0.44
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,347,121 ▲ 0.3
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,961,675 ▼ -1.35
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,847,660 ▲ 5.69
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.09
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,544,491 ▲ 2.45
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,517,642 ▲ 0.05

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