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Print - 2007-11-13
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
Benazir asked to prepare for fair polls

Benazir asked to prepare for fair polls

After the announcement of elections schedule by President Pervez Musharraf, Benazir Bhutto should prepare for free and fair elections in the country instead of taking up politics of agitation. Talking to reporters in Pattoki, Kasur district on Monday.
Published 13 Nov, 2007 12:00am
MCCI and Smeda organise joint study session

MCCI and Smeda organise joint study session

President Multan Chamber of Commerce & Industry (MCCI) Anis Ahmed Shaikh has said that the MCCI and Smeda were providing legal know-how to new small and medium investors, traders, industrialists, exporters so that they could be emerge as successful invest
Published 13 Nov, 2007 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
PTCL's CBA taken into confidence on VSS

PTCL's CBA taken into confidence on VSS

The PTCL CBA has fully backed the voluntary separation scheme, offered by the management. Rana Tahir, Ziauddin, Zulfiqar Sanghi and Rana Hassan represented the CBA. The company is to formally announce the scheme on 15 November 2007.
Published 13 Nov, 2007 12:00am
Vehicles transit monitoring: FBR to notify routes for bounded carriers

Vehicles transit monitoring: FBR to notify routes for bounded carriers

The Federal Board of Revenue (FBR) will notify, within a fortnight, the specific routes for the bounded carriers for effective monitoring of vehicles/trucks from Karachi to other cities under the revised transshipment and transit rules to be issued under
Published 13 Nov, 2007 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
National Assembly body briefed about RHCs

National Assembly body briefed about RHCs

The NA Standing Committee on Population Welfare was briefed on the Reproductive Health Centers (RHCs) as these obtained ISO 9001/2000 certification recently are source of quality reproductive health services. The Committee met under the chairpersonship of
Published 13 Nov, 2007 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
'Over 50 million lower, middle income groups using cellphones'

'Over 50 million lower, middle income groups using cellphones'

The expansion of the mobile phone network in Pakistan while facilitating people at the urban and rural level to remain connected, has also added a new element of expenditure on mobile communication even at the poorest level, reports UPP correspondent.
Published 13 Nov, 2007 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
MQM team meets Pagara

MQM team meets Pagara

Muttahida Qaumi Movement (MQM) delegation led by Dr Farooq Sattar has called on President of Pakistan Muslim League (Functional) Pir Pagara and set up 6-member committee of two parties for seat adjustment and other issues.
Published 13 Nov, 2007 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
Sindh government speed up recruitment process

Sindh government speed up recruitment process

Sindh government has accelerated recruitment process in the provincial departments following Sindh High Court permission to continue the process to recruit around 20,000 employees before end of its tenure.
Published 13 Nov, 2007 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 3rd November 2007.

Published 13 Nov, 2007 12:00am
'Top militant' arrested for harbouring al Qaeda men

'Top militant' arrested for harbouring al Qaeda men

Security forces on Monday seized a top militant accused of harbouring al Qaeda insurgents, beheading troops and supplying arms to a cleric in NWFP, officials said. The man was captured in Swat Valley, security officials said.
Published 13 Nov, 2007 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 3rd November 2007.

Published 13 Nov, 2007 12:00am
'Suspect in Pearl's killing dies after interrogation'

'Suspect in Pearl's killing dies after interrogation'

A businessman suspected of playing a role in the 2002 brutal killing of American journalist Daniel Pearl died earlier this year, shortly after being interrogated by US and Pakistani intelligence, The Wall Street Journal reported Monday.
Published 13 Nov, 2007 12:00am
50 world NGOs assail political, human rights crisis in Pakistan

50 world NGOs assail political, human rights crisis in Pakistan

A group of 50 NGOs hailing from a number of countries that attended the seventh International Colloquium on Human Rights in Sao Paolo, Brazil, organised by NGO Conectas, called for the restoration of democracy and respect for human rights in Pakistan.
Published 13 Nov, 2007 12:00am
I.I. Chundrigar Road to be opened for traffic by month-end

I.I. Chundrigar Road to be opened for traffic by month-end

The reconstruction and upgradation work of I.I Chundrigar Road would be completed by end of this month and would be opened for vehicular traffic, with the ban on entry of public transport into the artery remaining intact, which was imposed by CDGK couple
Published 13 Nov, 2007 12:00am
Government's efforts to introduce branding culture hailed

Government's efforts to introduce branding culture hailed

The traders and industrialists' bodies have hailed the government's efforts to introduce branding culture in Pakistan, hoping it will not only encourage marking of products in domestic market but will also help Pakistani exporters to sell their products a
Published 13 Nov, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
18 IT projects worth Rs 4.5 billion being executed in Sindh

18 IT projects worth Rs 4.5 billion being executed in Sindh

Adviser to Sindh Minister for Information Technology Muhammad Noman Saigal has said that 18 IT projects worth around Rs 4.5 billion are being executed in the province. He disclosed this while speaking with the media personnel on an inauguration ceremony o
Published 13 Nov, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
Crash landing exercise carried out at Multan Airport

Crash landing exercise carried out at Multan Airport

Thick flame and black smoke covered a portion of Multan airport runway as a result of a passenger plane crash landing, leaving heart-rending sight, cries of pains when the Civil Aviation Authority's fire vehicles, banging sirens, reached the spot to overc
Published 13 Nov, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
'Bright Star' military exercises enter next phase

'Bright Star' military exercises enter next phase

The ongoing Coalition Military Exercises, 'Bright Star' between Pakistan, Egypt, US, Kuwait, Germany, France, Great Britain, Greece, Italy, Jordan, Netherlands, Turkey and Yemen in Egypt entered into the next phase, says an ISPR press release.
Published 13 Nov, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
NBP profit surges to Rs 14.985 billion

NBP profit surges to Rs 14.985 billion

The profit after tax of National Bank of Pakistan (NBP) has increased to Rs 14.985 billion in the nine-month period ended on September 30, 2007 as compared to Rs 14.185 billion earned in the corresponding period last year.
Published 13 Nov, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
NBP profit surges to Rs 14.985 billion

NBP profit surges to Rs 14.985 billion

The profit after tax of National Bank of Pakistan (NBP) has increased to Rs 14.985 billion in the nine-month period ended on September 30, 2007 as compared to Rs 14.185 billion earned in the corresponding period last year.
Published 13 Nov, 2007 12:00am
NBP profit surges to Rs 14.985 billion

NBP profit surges to Rs 14.985 billion

The profit after tax of National Bank of Pakistan (NBP) has increased to Rs 14.985 billion in the nine-month period ended on September 30, 2007 as compared to Rs 14.185 billion earned in the corresponding period last year.
Published 13 Nov, 2007 12:00am
NBP profit surges to Rs 14.985 billion

NBP profit surges to Rs 14.985 billion

The profit after tax of National Bank of Pakistan (NBP) has increased to Rs 14.985 billion in the nine-month period ended on September 30, 2007 as compared to Rs 14.185 billion earned in the corresponding period last year.
Published 13 Nov, 2007 12:00am
THE RUPEE: dollar marginally higher

THE RUPEE: dollar marginally higher

The week started on the bearish note as the rupee fell in terms of dollar in the currency market, dealers said. The rupee shed three paisa versus dollar at Rs 60.93 for buying and selling at Rs 60.94, they said.
Published 13 Nov, 2007 12:00am
THE RUPEE: dollar marginally higher

THE RUPEE: dollar marginally higher

The week started on the bearish note as the rupee fell in terms of dollar in the currency market, dealers said. The rupee shed three paisa versus dollar at Rs 60.93 for buying and selling at Rs 60.94, they said.
Published 13 Nov, 2007 12:00am
Gunships launch strikes against militants

Gunships launch strikes against militants

Helicopter gunships pounded militant positions in Swat Valley on Monday for the first time since a state of emergency was declared, officials said. Two militants were wounded when the choppers fired on rebel bunkers in the scenic Swat Valley, where follow
Published 13 Nov, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
Gunships launch strikes against militants

Gunships launch strikes against militants

Helicopter gunships pounded militant positions in Swat Valley on Monday for the first time since a state of emergency was declared, officials said. Two militants were wounded when the choppers fired on rebel bunkers in the scenic Swat Valley, where follow
Published 13 Nov, 2007 12:00am
Tax holiday for Khalifa Coastal Refinery notified

Tax holiday for Khalifa Coastal Refinery notified

The Federal Board of Revenue (FBR) on Monday notified a 20-year tax holiday for Khalifa Coastal Refinery (KCR), paving the way for signing implementation agreement (IA) by the Petroleum Ministry and Abu Dhabi''s International Petroleum Investment Company
Published 13 Nov, 2007 12:00am
Tax holiday for Khalifa Coastal Refinery notified

Tax holiday for Khalifa Coastal Refinery notified

The Federal Board of Revenue (FBR) on Monday notified a 20-year tax holiday for Khalifa Coastal Refinery (KCR), paving the way for signing implementation agreement (IA) by the Petroleum Ministry and Abu Dhabi's International Petroleum Investment Company (
Published 13 Nov, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Nov, 2007 12:00am
Tax holiday for Khalifa Coastal Refinery notified

Tax holiday for Khalifa Coastal Refinery notified

The Federal Board of Revenue (FBR) on Monday notified a 20-year tax holiday for Khalifa Coastal Refinery (KCR), paving the way for signing implementation agreement (IA) by the Petroleum Ministry and Abu Dhabi's International Petroleum Investment Company (
Published 13 Nov, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Nov, 2007 12:00am
Oil and gas production registers 7.3 percent growth

Oil and gas production registers 7.3 percent growth

The oil and gas production in the country showed a healthy growth of 7.3 percent on year-on-year basis to reach 746,000 barrels of oil equivalent per day (boepd) in the first quarter of 2008 financial year as compared to 696,000boepd in the same period la
Published 13 Nov, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 13 Nov, 2007 12:00am
Oil and gas production registers 7.3 percent growth

Oil and gas production registers 7.3 percent growth

The oil and gas production in the country showed a healthy growth of 7.3 percent on year-on-year basis to reach 746,000 barrels of oil equivalent per day (boepd) in the first quarter of 2008 financial year as compared to 696,000boepd in the same period la
Published 13 Nov, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am
Oil and gas production registers 7.3 percent growth

Oil and gas production registers 7.3 percent growth

The oil and gas production in the country showed a healthy growth of 7.3 percent on year-on-year basis to reach 746,000 barrels of oil equivalent per day (boepd) in the first quarter of 2008 financial year as compared to 696,000boepd in the same period la
Published 13 Nov, 2007 12:00am
Australian terrorism suspect freed

Australian terrorism suspect freed

A Pakistan-born former Sydney medical student accused of training with banned terrorist group Lashkar-e-Toiba (LET) in 2003 in Pakistan learned Monday that charges against him have been dropped. Izhar-ul-Haque was initially charged with intentionally rece
Published 13 Nov, 2007 12:00am
Australian terrorism suspect freed

Australian terrorism suspect freed

A Pakistan-born former Sydney medical student accused of training with banned terrorist group Lashkar-e-Toiba (LET) in 2003 in Pakistan learned Monday that charges against him have been dropped. Izhar-ul-Haque was initially charged with intentionally rece
Published 13 Nov, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 Nov, 2007 12:00am
FBR''s chairman tenure extended

FBR''s chairman tenure extended

The Establishment Division has extended the tenure of Secretary General Revenue Division, M. Abdullah Yusuf, as Federal Board of Revenue (FBR) Chairman for a period of three years. A notification to this effect was issued by Establishment Division here on
Published 13 Nov, 2007 12:00am
FBR's chairman tenure extended

FBR's chairman tenure extended

The Establishment Division has extended the tenure of Secretary General Revenue Division, M. Abdullah Yusuf, as Federal Board of Revenue (FBR) Chairman for a period of three years. A notification to this effect was issued by Establishment Division here on
Published 13 Nov, 2007 12:00am
FBR's chairman tenure extended

FBR's chairman tenure extended

The Establishment Division has extended the tenure of Secretary General Revenue Division, M. Abdullah Yusuf, as Federal Board of Revenue (FBR) Chairman for a period of three years. A notification to this effect was issued by Establishment Division here on
Published 13 Nov, 2007 12:00am
EoIs invited for sale of 90 percent HPFL shares

EoIs invited for sale of 90 percent HPFL shares

The Privatisation Commission has invited expressions of interest (EoIs) from prospective investors for 90 percent shares of Hazara Phosphate Fertilisers (Private) Limited. The plant is located at Haripur in NWFP. Hazara Fertilisers is a state-owned privat
Published 13 Nov, 2007 12:00am
EoIs invited for sale of 90 percent HPFL shares

EoIs invited for sale of 90 percent HPFL shares

The Privatisation Commission has invited expressions of interest (EoIs) from prospective investors for 90 percent shares of Hazara Phosphate Fertilisers (Private) Limited. The plant is located at Haripur in NWFP. Hazara Fertilisers is a state-owned privat
Published 13 Nov, 2007 12:00am
EoIs invited for sale of 90 percent HPFL shares

EoIs invited for sale of 90 percent HPFL shares

The Privatisation Commission has invited expressions of interest (EoIs) from prospective investors for 90 percent shares of Hazara Phosphate Fertilisers (Private) Limited. The plant is located at Haripur in NWFP. Hazara Fertilisers is a state-owned privat
Published 13 Nov, 2007 12:00am
$1.2 million ADB grant to boost ties in South Asia

$1.2 million ADB grant to boost ties in South Asia

The Asian Development Bank (ADB) is extending a $1.2 million grant to promote regional cooperation in South Asia by enhancing capacity of research institutes, think-tanks and experts in the region. The grant, technical assistance (TA) for supporting netwo
Published 13 Nov, 2007 12:00am
Pakistan and Malaysia sign FTA

Pakistan and Malaysia sign FTA

Pakistan and Malaysia signed a comprehensive Free Trade Agreement (FTA) to give boost to their economic relations. Lieutenant General Tahir Mahmud Qazi (Retd), Pakistan''s High Commissioner to Malaysia and Rafidah Aziz, Minister of International Trade and
Published 13 Nov, 2007 12:00am
Pakistan and Malaysia sign FTA

Pakistan and Malaysia sign FTA

Pakistan and Malaysia signed a comprehensive Free Trade Agreement (FTA) to give boost to their economic relations. Lieutenant General Tahir Mahmud Qazi (Retd), Pakistan's High Commissioner to Malaysia and Rafidah Aziz, Minister of International Trade and
Published 13 Nov, 2007 12:00am
Pakistan and Malaysia sign FTA

Pakistan and Malaysia sign FTA

Pakistan and Malaysia signed a comprehensive Free Trade Agreement (FTA) to give boost to their economic relations. Lieutenant General Tahir Mahmud Qazi (Retd), Pakistan's High Commissioner to Malaysia and Rafidah Aziz, Minister of International Trade and
Published 13 Nov, 2007 12:00am
Country may achieve 2007-08 rice output target

Country may achieve 2007-08 rice output target

The country is likely to achieve 2007-08 rice production target of over 3,288 tons despite unfavourable climatic conditions in Punjab and Sindh. The sources in the Ministry of Food, Agriculture and Livestock (Minfal) told Business Recorder that the
Published 13 Nov, 2007 12:00am
First quarter palm oil import will up by 73 percent

First quarter palm oil import will up by 73 percent

The increasing price of palm oil in the world market has given rise to its import by 73 percent or 142.11 million dollars in the first three months (July-September) of the current fiscal year, said importers on Monday.
Published 13 Nov, 2007 12:00am
Delay in crushing: NWFP growers threaten protest drive

Delay in crushing: NWFP growers threaten protest drive

Kissan Board NWFP Monday asked the owners of sugar mills of the province to start crushing of sugarcane within a week, otherwise the growers would launch a protest drive against the inordinate delay in start of crushing season.
Published 13 Nov, 2007 12:00am
Cotton exports growth 3.1 percent during fiscal year 2007

Cotton exports growth 3.1 percent during fiscal year 2007

The export of cotton yarn is diverting from US and Hong Kong to China and EU countries, while Cotton Fabrics export is diverting from US to EU, Bangladesh, Turkey and India. According to official statistical analysis, cotton yarn exports depicted a nomina
Published 13 Nov, 2007 12:00am
'Eurozone has wary eye on exchange rates'

'Eurozone has wary eye on exchange rates'

Jean-Claude Juncker, who heads the Eurogroup of finance ministers from the 13-nation eurozone, expressed concern Monday about "excessive volatility" in exchange rates and said the group was keeping a close eye on them.
Published 13 Nov, 2007 12:00am
Philippine net FDI slumps in August

Philippine net FDI slumps in August

Net foreign direct investment (FDI) into the Philippines fell to $77 million in August, down 80 percent from a year ago and nearly 82 percent from July, central bank data on Monday showed. Investors were jittery in August as more financial institutions ad
Published 13 Nov, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (November 12, 2007).

Published 13 Nov, 2007 12:00am