New Jubilee Life Insurance Pension Fund Rates on Wednesday (October 24, 2007).

Pakistan's exports to Spain could reach up to $6.2 billion since the country has potentially large export volume comprising sectors like textiles, mineral fuels, leather products, plastics and plastic products, optical, photo, technical and medical appara

New Jubilee Life Insurance Pension Fund Rates on Wednesday (October 24, 2007).

The Federal Board of Revenue (FBR) has allowed renewal of clearing and forwarding agents licenses as per previous licensing rules. Accepting the demand of Karachi Custom Agents Association (KCAA), the FBR advised all the collectorates that the licensing b

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (October 10, 2007).

The Federal Board of Revenue (FBR) has allowed renewal of clearing and forwarding agents licenses as per previous licensing rules. Accepting the demand of Karachi Custom Agents Association (KCAA), the FBR advised all the collectorates that the licensing b

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (October 10, 2007).

The Federal Board of Revenue (FBR) has allowed renewal of clearing and forwarding agents licenses as per previous licensing rules. Accepting the demand of Karachi Custom Agents Association (KCAA), the FBR advised all the collectorates that the licensing b

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (October 10, 2007).

The Federal Board of Revenue (FBR) has decided to collect data of 24,000 FBR employees in the field formations to get their feedback on key issues including golden handshake scheme, double pay package and compensation and benefits at the reformed units.

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Wednesday (October 24, 2007).

The impact of funds disbursed through Agribusiness Support Fund (ASF) was reviewed at the monthly meeting of the Agribusiness Development & Diversification Project (AD&DP), Ministry of Food, Agriculture and Livestock (Minfal) in Lahore on Wednesday.

Closing of sterling rates at 1730 GMT - on Wednesday (October 24, 2007).

The impact of funds disbursed through Agribusiness Support Fund (ASF) was reviewed at the monthly meeting of the Agribusiness Development & Diversification Project (AD&DP), Ministry of Food, Agriculture and Livestock (Minfal) in Lahore on Wednesday.

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

The impact of funds disbursed through Agribusiness Support Fund (ASF) was reviewed at the monthly meeting of the Agribusiness Development & Diversification Project (AD&DP), Ministry of Food, Agriculture and Livestock (Minfal) in Lahore on Wednesday.

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (October 24, 2007).

National Agriculture Research Council (NARC) on Thursday will organise a function in connection with World Food Day (WFD) to commemorate the founding of the Food and Agriculture Organisation (FOA) of the United Nations. Federal Minister for Food, Agricult

London Interbank Offered Rates (LIBOR) on Wednesday (October 24, 2007).

Dr M E Tusneem, Chairman, Pakistan Agricultural Research Council has underlined the need of developing leadership skills amongst the students to enable them meet the future challenges. He was addressing the first meeting of the newly constituted National

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (October 24, 2007).

Sindh Chief Minister Dr Arbab Ghulam Rahim has outright rejected the National Reconciliation Ordinance (NRO), terming it as "unjust, against the spirit of transparent judicial process, discriminatory in nature and injurious to good democratic practices".

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (October 24, 2007).

Sindh Chief Minister Dr Arbab Ghulam Rahim has outright rejected the National Reconciliation Ordinance (NRO), terming it as "unjust, against the spirit of transparent judicial process, discriminatory in nature and injurious to good democratic practices".

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Wednesday (October 24, 2007).

Sindh Governor Ishrat-ul-Ibad has said that provincial government is committed to deliver its responsibility of providing security to Pakistan Peoples Party Parliamentarians Chairperson Benazir Bhutto but the co-operation of the other side is also require

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (October 24, 2007).

Two soldiers were killed on Wednesday in a roadside bomb blast near their convoy in a troubled tribal region close to the Afghan border, security officials said. The remote-controlled bomb exploded when the convoy was travelling into Miranshah, the main t

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (October 24, 2007).

Two soldiers were killed on Wednesday in a roadside bomb blast near their convoy in a troubled tribal region close to the Afghan border, security officials said. The remote-controlled bomb exploded when the convoy was travelling into Miranshah, the main t

Interest rates on old and incremental FCY deposits on Wednesday (October 24, 2007).

Turkish warplanes reportedly bombed Kurdish rebel targets along the Iraqi border on Wednesday as government and military leaders met to consider whether to launch operations across the frontier.

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (October 24, 2007).

Turkish warplanes reportedly bombed Kurdish rebel targets along the Iraqi border on Wednesday as government and military leaders met to consider whether to launch operations across the frontier.

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (October 24, 2007).

Top-tier defence contractors Northrop Grumman Corp and General Dynamics Corp posted higher third-quarter profit on Wednesday and raised their financial forecasts on the back of strong US military spending.

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (October 24, 2007).

Top-tier defence contractors Northrop Grumman Corp and General Dynamics Corp posted higher third-quarter profit on Wednesday and raised their financial forecasts on the back of strong US military spending.

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (October 24, 2007).

Equities showed negative signs at Islamabad Stock Exchange (ISE) on Wednesday where bears strengthened their positions under the lead of hot favourite amid decrease in index. ISE-10 Index was down by 73.40 points as the ISE index moved from 3,120.97 to 3,

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

Equities showed negative signs at Islamabad Stock Exchange (ISE) on Wednesday where bears strengthened their positions under the lead of hot favourite amid decrease in index. ISE-10 Index was down by 73.40 points as the ISE index moved from 3,120.97 to 3,

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Share prices eroded massively on Lahore Stock Exchange (LSE) on Wednesday since the correction surfacing a few sessions earlier continued, but brokers said that uncertainty about the fate of President Pervez Musharraf played a pivotal role in triggering p

Karachi interbank rates on Wednesday (October 24, 2007).

Share prices eroded massively on Lahore Stock Exchange (LSE) on Wednesday since the correction surfacing a few sessions earlier continued, but brokers said that uncertainty about the fate of President Pervez Musharraf played a pivotal role in triggering p

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

The leadership of Pakistan Peoples Party (PPP) is considering hiring services of foreign private security agencies for the special security of Benazir Bhutto in the wake of two blasts on her procession last week, sources told Business Recorder on T

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

The leadership of Pakistan Peoples Party (PPP) is considering hiring services of foreign private security agencies for the special security of Benazir Bhutto in the wake of two blasts on her procession last week, sources told Business Recorder on T

All timings are in PST (Pakistan Standard Time).

Participants at a business policy roundtable on Monday underscored the need for giving the foreign investors level playing field in the country. The roundtable was organised by Centre for International Private Enterprise (CIPE), in collaboration with the

US Plains hard red winter wheat basis bids were steady Wednesday, with volatility in KCBT futures keeping farmer selling to a minimum. KCBT wheat futures fell as much as 17-1/2 cents in overnight trading, weighed by news that Russia will not go ahead with

Participants at a business policy roundtable on Monday underscored the need for giving the foreign investors level playing field in the country. The roundtable was organised by Centre for International Private Enterprise (CIPE), in collaboration with the

The Karachi Port handled 78,466 tonnes cargo including 59,215 tonnes import, 19,251 tonnes export cargo and 2,589 containers (TEUs) during last 24 hours ending at 0700 hours on Wednesday.

Participants at a business policy roundtable on Monday underscored the need for giving the foreign investors level playing field in the country. The roundtable was organised by Centre for International Private Enterprise (CIPE), in collaboration with the

Hard red winter wheat futures on the Kansas City Board of Trade ended sharply lower on Tuesday in profit-taking following Monday's rally, traders said. The December ended down 28-1/4 cents, or 3.2 percent, at $8.59-3/4 per bushel, after hitting the 30-cen

Pakistan called for developing a strategic consensus on comprehensive reform of international financial and monetary system that would accommodate interests of developing states.

Spot basis bids for soyabeans rose at locations around the US Midwest on Wednesday as dealers tried to entice farmers to bring newly harvested crops to processors and elevators. Cash bids for corn strengthened at interior locations, particularly at proces

Pakistan called for developing a strategic consensus on comprehensive reform of international financial and monetary system that would accommodate interests of developing states.

Seed prices went up sharply on the grain market on Wednesday as supply was tight due to transportation problem after holidays and abnormal situation in the city, dealers said. On the rice sector, Irri-white low type was lower by Rs 300 to Rs 1350 and good

Pakistan called for developing a strategic consensus on comprehensive reform of international financial and monetary system that would accommodate interests of developing states.

The trading on plastic mouldings closed mixed on Jodia Bazaar here on Wednesday. The following changes were noted.

On Wednesday, the BRIndex30 opened in the red zone, at 15,839.09, and closed at 15,395.15 with a net negative change of -464.93 points and percentage change of -2.93. It experienced intra-day high of 15,904.15 and low of 15,331.07. The volume amounted to

Abundant rains with long spells of hot sunshine last week in Ivory Coast's main cocoa growing regions are paving the way to a bigger October-March main crop, farmers said. Last season, cocoa output tailed off sharply in December after rains dried up and t

On Wednesday, the BRIndex30 opened in the red zone, at 15,839.09, and closed at 15,395.15 with a net negative change of -464.93 points and percentage change of -2.93. It experienced intra-day high of 15,904.15 and low of 15,331.07. The volume amounted to

Indian sugar futures rose on Wednesday after a leading producer said plantings for the new crop would likely drop because of tight profit margins, and bolstered by firm spot prices. At 3:41 pm (1011 GMT), the near-month contract on the National Commodity

The import of reconditioned cars has slumped from 6,000 per month in 2005-06 to 1,300 per month during first quarter of the current fiscal, which again established the local assemblers'' monopoly in the domestic market.

Corn futures on the Chicago Board of Trade ended lower on Tuesday on spill-over pressure from a drop in wheat and a downturn in crude oil futures, traders said. Corn futures held firm in early dealings because of a weak dollar and firm crude oil markets.

The import of reconditioned cars has slumped from 6,000 per month in 2005-06 to 1,300 per month during first quarter of the current fiscal, which again established the local assemblers' monopoly in the domestic market.

Wheat futures on the Chicago Board of Trade plunged the daily limit of 30 cents per bushel Tuesday after a drop in the US dollar failed to generate fresh wheat export demand, analysts said. Also bearish was a lack of confirmation that Russia would impose

The import of reconditioned cars has slumped from 6,000 per month in 2005-06 to 1,300 per month during first quarter of the current fiscal, which again established the local assemblers' monopoly in the domestic market.

Bullish trend persisted on the forward cottonseed oilcake market on Wednesday as buyers renewed interest in the fresh buying, dealers said. The December vaida opened with Re 1 gain at Rs 518.00 and market closed at the same rate, they said.

The Establishment Division will soon issue a notification for extending powers of the Federal Board of Revenue (FBR) Act, 2007 to FBR Chairman, implementing new structure/functions of the top FBR management.

Panic buying was seen in the cotton market on Wednesday as the mills were trying to grab all the lots offered by the ginners at the prevailing rates after the food minister statement, dealers said. The Karachi Cotton Association (KCA) official spot rate w

The Establishment Division will soon issue a notification for extending powers of the Federal Board of Revenue (FBR) Act, 2007 to FBR Chairman, implementing new structure/functions of the top FBR management.

Spring wheat futures at the Minneapolis Grain Exchange fell more than 3 percent on Tuesday, in line with a technically motivated sell-off in Chicago Board of Trade wheat, traders said. Also bearish was an absence of fresh export news for wheat, despite a

The Establishment Division will soon issue a notification for extending powers of the Federal Board of Revenue (FBR) Act, 2007 to FBR Chairman, implementing new structure/functions of the top FBR management.

ICE arabica coffee futures finished a touch higher on Tuesday, from speculative selling under pressure from rains in top producer Brazil, dealers said. "Rain has obviously picked up and that's what pushed this market down. But the big question is how much

The Election Commission (EC) on Wednesday unveiled the draft of Political Parties' and contesting candidates to be observed in election 2007-08 that will be forwarded to the political parties for their inputs by November 3.

US cocoa settled slightly higher on Tuesday in reaction to the stronger pound and under pressure from Ivory Coast arrivals, traders said. "I think the market is trying to consolidate after the recent losses. I really don't look for it to go too far on the

The Election Commission (EC) on Wednesday unveiled the draft of Political Parties' and contesting candidates to be observed in election 2007-08 that will be forwarded to the political parties for their inputs by November 3.

Shanghai copper drifted lower on Wednesday, as concerns about rising stocks and slowing demand awaken again following an abortive rally in London in the previous session. Shanghai's January copper contract, the most active, was down 300 yuan at 65,100 yua

Karachi share market witnessed heavy selling pressure on Wednesday due to declining oil prices in the international market, political uncertainty and exposure call on few brokers. The KSE-100 index lost 265.66 points to close at 14,260.86 points'' level,

US copper futures closed higher on Tuesday, benefiting from a broad-based recovery in commodity markets following on Monday's risk aversion sell-off, traders said. Copper for December delivery ended up 2.70 cents at $3.5135 a lb. on the New York Mercantil

Karachi share market witnessed heavy selling pressure on Wednesday due to declining oil prices in the international market, political uncertainty and exposure call on few brokers. The KSE-100 index lost 265.66 points to close at 14,260.86 points' level, w

US gold futures rebounded to finish $3 higher on Tuesday after the previous session's solid losses as a sharply weaker dollar prompted bargain hunting among bullion investors. However, analysts said record high levels of net speculative long positions in

Karachi share market witnessed heavy selling pressure on Wednesday due to declining oil prices in the international market, political uncertainty and exposure call on few brokers. The KSE-100 index lost 265.66 points to close at 14,260.86 points' level, w

Gold steadied on Wednesday as the dollar failed to give direction, while platinum came under pressure on concerns that last week's gains partly on supply worries had been overdone. Spot gold was at $758.80/759.60 an ounce, little changed from $759.20/760.

The Federal Board of Revenue (FBR) has decided to implement ''Risk Management System'' (RMS) at Collectorate of Customs (Appraisement), Karachi, to scan 50 percent of total Goods Declarations (GDs) filed for detecting evasion of duties/taxes on the import

Indian soyaoil futures rose on Wednesday, tracking firm spot demand ahead of a festival next month and a slowdown in arrivals of new crop soyabeans. At 1:44 pm (0814 GMT), the November futures contract on the National Commodity and Derivatives Exchange wa

The Federal Board of Revenue (FBR) has decided to implement 'Risk Management System' (RMS) at Collectorate of Customs (Appraisement), Karachi, to scan 50 percent of total Goods Declarations (GDs) filed for detecting evasion of duties/taxes on the import o

Oil retreated below $85 a barrel on Wednesday, falling for the fourth consecutive session on forecasts that US crude stocks likely rose again and on signs that Opec was already boosting oil supply. US light crude for December delivery fell 55 cents to $84

The Federal Board of Revenue (FBR) has decided to implement 'Risk Management System' (RMS) at Collectorate of Customs (Appraisement), Karachi, to scan 50 percent of total Goods Declarations (GDs) filed for detecting evasion of duties/taxes on the import o

Malaysian tin climbed 1.2 percent on Wednesday as a rise in London Metal Exchange prices and strong demand at the level lifted the market, one dealer said.

The Privatisation Commission has received seven fresh expressions of interest (EOIs) for privatisation of National Power Construction Corporation (Pvt) Limited (NPCC).

Chicago Board of Trade rough rice futures closed weaker on Tuesday on follow-through speculative selling, pressured by a 30-cent trading limit drop in wheat, traders said. November rice closed 4 cents per hundredweight lower at $11.52. January ended 4 dow

The Privatisation Commission has received seven fresh expressions of interest (EOIs) for privatisation of National Power Construction Corporation (Pvt) Limited (NPCC).

Uzbekistan, the world's No 2 cotton exporter, produced 747,084 tonnes of cotton fibre in January-September compared to 763,109 tonnes in the same period last year, the state statistics committee said on Tuesday. During the first nine months of 2007, cotto

The Privatisation Commission has received seven fresh expressions of interest (EOIs) for privatisation of National Power Construction Corporation (Pvt) Limited (NPCC).