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Print - 2007-12-13
Sacrificial animals' prices declining due to cold

Sacrificial animals' prices declining due to cold

During several visits to Bakra Mandis at the Super Highway and Malir it was noticed that the animal owners worried due to considerable increase in cold by the rain that poured down in the last few days. It had considerably reduced their bargain powers.
Published 13 Dec, 2007 12:00am
Art exhibition opens

Art exhibition opens

The Hunarkada College of Visual and Performing Arts in Lahore and the GC University on Wednesday arranged an arts exhibition in the Aslam Minhas Art gallery of the GCU Lahore. Old Ravian Professor Zafar Ullah opened the ceremony where 66 paintings, prints
Published 13 Dec, 2007 12:00am
NIDE seminar on diabetes

NIDE seminar on diabetes

The National Institute of Diabetes and Endocrinology (NIDE) and Dow University of Health Science, Karachi are organising a seminar on diabetes on the occasion of World Diabetes Day at the Institute Building at Ojha Campus on Sunday. Major General Dr Tassa
Published 13 Dec, 2007 12:00am
Demand for LPG on the rise

Demand for LPG on the rise

Due to waves of winter cold across the country, the consumption of liquefied petroleum gas (LPG) has shot up by 300 tonnes to 2,000 tonnes per day use, said Abdul Hadi Khan, chairman, LPG Distributors Association, in a press release on Wednesday.
Published 13 Dec, 2007 12:00am
Construction of Cyclotron Bunker at SKMH&RC starts

Construction of Cyclotron Bunker at SKMH&RC starts

The groundbreaking ceremony of Cyclotron Bunker's construction and installation of PET SCAN at Shaukat Khanum Memorial Hospital and Research Centre (SKMH&RC) was held here the other day. The ceremony was performed by a regular donor of SKMH&RC, Naseem Ras
Published 13 Dec, 2007 12:00am
Polio eradication campaign concludes on December 14

Polio eradication campaign concludes on December 14

The 3-day national polio-eradication campaign started from December 11 in 44 high-risk districts of Pakistan will end on Thursday (tomorrow). In this round, 14 million children less than five years of age have been given oral polio vaccine (OPV) in 44 sel
Published 13 Dec, 2007 12:00am
Travel Insurance: American Express signs agreement with AIG Pakistan

Travel Insurance: American Express signs agreement with AIG Pakistan

American Express Travel Related Services Pakistan has signed an agreement with AIG Pakistan for selling their product through all American Express outlets in Pakistan. The signing ceremony took place at American Express' office and was attended by Saleemu
Published 13 Dec, 2007 12:00am
Third 'Machine Tools & Automation Pakistan exhibition inaugurated

Third 'Machine Tools & Automation Pakistan exhibition inaugurated

City Nazim Syed Mustafa Kamal has said that the city was heading towards development and prosperity, adding that investment opportunities for both local and foreign investors existed here due to conducive and trade-friendly environment of the city.
Published 13 Dec, 2007 12:00am
PDDP seminar on trade remedial laws under WTO system

PDDP seminar on trade remedial laws under WTO system

Planning and Development Department, Punjab has organised one-day conference on 'Trade Remedial Laws under WTO system' here in collaboration with University Law College of Punjab University on Thursday, December 13.
Published 13 Dec, 2007 12:00am
Urdu University vice chancellor's appointment may be delayed

Urdu University vice chancellor's appointment may be delayed

The appointment of the Vice Chancellor of the Federal Urdu University is exptected to be delayed further as the recent meeting of the University Senate has failed to evolve a consensus on the name of the VC.
Published 13 Dec, 2007 12:00am
Maqbool calls to strengthen cultural values

Maqbool calls to strengthen cultural values

Governor Punjab Lieutenant General Khalid Maqbool (retd) has said that to cope with cultural invasion, we should have to strengthen our cultural values among youth and to initiate new degree programmes of Rural Art, Performing Art and Folk culture at univ
Published 13 Dec, 2007 12:00am
Workshop on labour force statistics ends

Workshop on labour force statistics ends

A two-day training workshop on 'Labour force Statistics,' held at the Federal Bureau of Statistics (FBS), was concluded here on Wednesday. It was organised in collaboration with the International Labour Organisation (ILO) and the Ministry of Labour and Ma
Published 13 Dec, 2007 12:00am
ASCE seminar on December 15

ASCE seminar on December 15

The Area Study Centre for Europe (ASCE), University of Karachi, will organise a daylong seminar on its premises here on December 15. This was announced by ASCE Director Professor Dr Naveed Ahmad Tahir on Wednesday. A former ambassador Zahid Hussain will s
Published 13 Dec, 2007 12:00am
EPZA to participate in third international automobile exhibition

EPZA to participate in third international automobile exhibition

In order to highlight the investment opportunities available to Auto Industry in the Export Processing Zones (EPZ's) of Pakistan, the EPZ Authority (EPZA) is participating in the 3rd International Automobile, Auto Parts & Accessories Exhibition to be held
Published 13 Dec, 2007 12:00am
Rs 273 million women projects being executed at slow pace

Rs 273 million women projects being executed at slow pace

The Rs 273.227 million ongoing projects of the Women Development Ministry aimed at providing relief to women are being implemented at snail's pace. Sources told Business Recorder on Wednesday that the ministry started these projects to end all type
Published 13 Dec, 2007 12:00am
The Weather

The Weather

The weather report on Wednesday (December 12, 2007) and the forecast for Thursday (December 13, 2007).
Published 13 Dec, 2007 12:00am
'Government keen to empower women'

'Government keen to empower women'

The Government with the help of civil society organisations, is keen to empower women by ensuring their active participation in country's progress. These views were expressed by Secretary Ministry of Women Development, Mahmood Salim Mahmood at the opening
Published 13 Dec, 2007 12:00am
Key stock and currency market movements

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 13 Dec, 2007 12:00am
Saudi quake relief agency to build 1000 houses

Saudi quake relief agency to build 1000 houses

Saudi Public Assistance for Pakistan earthquake Victims has signed another contract for building 1000 houses at Bagh and Muzaffarabad earthquake hit areas. The contract was signed between SPAPEV and International Organisation for Immigration (IOM) here on
Published 13 Dec, 2007 12:00am
New York cotton

New York cotton

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

Published 13 Dec, 2007 12:00am
FBR disposes of 80 percent bank guarantees, securities

FBR disposes of 80 percent bank guarantees, securities

The Federal Board of Revenue (FBR) has disposed of over 80 percent of the financial securities including bank guarantees, insurance guarantees, post-dated cheques and indemnity bonds submitted by business community during last many years.
Published 13 Dec, 2007 12:00am
New York cotton

New York cotton

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

Published 13 Dec, 2007 12:00am
January trial set for former Credit Suisse banker

January trial set for former Credit Suisse banker

A former Credit Suisse investment banker accused of leaking inside information about a string of mergers will go to trial again in January, a US judge ruled on Wednesday.
Published 13 Dec, 2007 12:00am
Flour smuggling to Afghanistan made virtually impossible

Flour smuggling to Afghanistan made virtually impossible

Flour smuggling to Afghanistan has been made virtually impossible by stringent security measures at various crossing points on the Pak-Afghan border, Director General Frontier Corps Balochistan Major General Saleem Nawaz said on Wednesday.
Published 13 Dec, 2007 12:00am
Punjab wants to import Indian cotton via Wagha

Punjab wants to import Indian cotton via Wagha

The Punjab government has asked its federal counterpart to allow cotton import from India through the Wagha border to meet the textile industry's demand.
Published 13 Dec, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (December 12, 2007) and for Thursday (December 13, 2007).
Published 13 Dec, 2007 12:00am
Fawad Ijaz elected Plgmea Chairman

Fawad Ijaz elected Plgmea Chairman

Fawad Ijaz Khan was elected Central Chairman of Pakistan Leather Garments Manufacturers and Exporters Association (Plgmea) for 2007-08. The first executive board meeting, held in Sialkot on Tuesday, elected the following: Vice Chairmen: Muhammad Danish Kh
Published 13 Dec, 2007 12:00am
Mashooq Brohi killed in 'encounter'

Mashooq Brohi killed in 'encounter'

Police on Wednesday claimed of having killed the notorious dacoit, Mashooq Brohi, in an 'encounter' near Hub. Addressing a hurriedly-called press conference, Capital City Police Officer (CCPO) Karachi, Azhar Ali Farooqi said that police in collaboration w
Published 13 Dec, 2007 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
Two ministers allocated additional portfolios

Two ministers allocated additional portfolios

The Chief Minister Sindh, former Justice Abdul Qadir Halepota, has allocated the additional portfolio of Information and Archives to the Caretaker Minister for Finance, Dewan Yousuf Farooqui. Dewan Yousuf had also served as minister with the following por
Published 13 Dec, 2007 12:00am
Mobilink opens new customer care centre

Mobilink opens new customer care centre

Mobilink, the country's leading cellular service company with more than 29 million customers and part of the Orascom Telecom Group, on Wednesday inaugurated a new state of the art customers care centre at Shara-e-Faisal, Karachi.
Published 13 Dec, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
PFUJ condemns Pemra's directive

PFUJ condemns Pemra's directive

Pakistan's Federal Union of Journalists (PFUJ) on Wednesday condemned a new warning to stop live television broadcasts, saying the ban was aimed at silencing non-official media before next month's elections.
Published 13 Dec, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 13 Dec, 2007 12:00am
'Prose-poem an accepted form of poetry'

'Prose-poem an accepted form of poetry'

Number of literary critics expressing their views about the recent genre of 'Prose-Poem' said it marched into Urdu literature during the sixties but it is now an accepted form of poetry. Expressing his views, Karachi poet, Ahmad Humaish, chief guest at th
Published 13 Dec, 2007 12:00am
Three accused convicted in Alliance Motors Scam case

Three accused convicted in Alliance Motors Scam case

The Accountability Court No 1, headed by Judge Syed Ale Maqbool Rizvi, on Wednesday announced judgement in Alliance Motors Scam case convicting three former accused directors and partners. Those convicted were Mohammed Ibrahim, director and partner in cus
Published 13 Dec, 2007 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

Rates moved both ways in the currency market on Wednesday as the rupee fluctuated slightly due to easy dollar supply, dealers said. The rupee shed one paisa against dollar for buying and selling at Rs 61.25 and Rs 61.27. Though there was high demand for d
Published 13 Dec, 2007 12:00am
PML-N leader meets Brain D Hunt

PML-N leader meets Brain D Hunt

Pakistan Muslim League-Nawaz (PML-N) Central Finance Secretary Muhammad Pervaiz Malik met the US Principal Officer in Lahore Brain D Hunt here on Wednesday. During the meeting Malik expressed his reservations over pre-poll rigging in upcoming general elec
Published 13 Dec, 2007 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

Rates moved both ways in the currency market on Wednesday as the rupee fluctuated slightly due to easy dollar supply, dealers said. The rupee shed one paisa against dollar for buying and selling at Rs 61.25 and Rs 61.27. Though there was high demand for d
Published 13 Dec, 2007 12:00am
PML-Q fields 62 candidates for Sindh assembly seats

PML-Q fields 62 candidates for Sindh assembly seats

Dr Arbab Ghulam Rahim, President, Pakistan Muslim League (Q), Sindh, has said that his party has fielded 88 candidates to contest in the forthcoming elections in Sindh. Addressing a press conference on Wednesday at the PML (Q) Election Office, Arbab Rahim
Published 13 Dec, 2007 12:00am
Elections termed test for people

Elections termed test for people

The general elections are a test for the people to get rid of the dictator and put the country on the path to democracy, political and economic stability, said Muhammad Haneef Abbasi, former MNA and a candidate of Pakistan Muslim League (N) here on Wednes
Published 13 Dec, 2007 12:00am
No one will accept PML-Q victory: Benazir

No one will accept PML-Q victory: Benazir

Former prime minister Benazir Bhutto expects her Pakistan Peoples Party to pick up additional seats in a January election but will have to enter into a coalition to create a ruling majority, The Washington Times reported on Wednesday.
Published 13 Dec, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
Certificates not affiliated with Wafaq-ul-Madaris termed invalid

Certificates not affiliated with Wafaq-ul-Madaris termed invalid

An election tribunal headed by Syed Shahbaz Raza Rizvi of the Lahore High Court (LHC) has said a certificate issued from any institution or religious school not affiliated with the Wafaq-ul-Madaris will be invalid equivalent to MA and a candidate would be
Published 13 Dec, 2007 12:00am
15 militants, 10 soldiers killed

15 militants, 10 soldiers killed

At least 10 soldiers were killed and 26 wounded Wednesday when - militants ambushed an army convoy in volatile western tribal region, with 15 attackers also killed in subsequent fighting, officials said.
Published 13 Dec, 2007 12:00am
15 militants, 10 soldiers killed

15 militants, 10 soldiers killed

At least 10 soldiers were killed and 26 wounded Wednesday when - militants ambushed an army convoy in volatile western tribal region, with 15 attackers also killed in subsequent fighting, officials said.
Published 13 Dec, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Dec, 2007 12:00am
India building 6,000km nuclear-capable missile

India building 6,000km nuclear-capable missile

India announced major plans to increase its nuclear capabilities Wednesday, saying it was close to testing a ballistic missile capable of hitting targets up to 6,000 kilometres (3,800 miles) away.
Published 13 Dec, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Dec, 2007 12:00am
India building 6,000km nuclear-capable missile

India building 6,000km nuclear-capable missile

India announced major plans to increase its nuclear capabilities Wednesday, saying it was close to testing a ballistic missile capable of hitting targets up to 6,000 kilometres (3,800 miles) away.
Published 13 Dec, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 13 Dec, 2007 12:00am
Russia, Poland end divisive meat dispute: minister

Russia, Poland end divisive meat dispute: minister

Russia's agriculture minister on Wednesday agreed to end a ban on Polish meat imports, removing a bone of contention between the historic rivals that has strained EU-Russian ties.
Published 13 Dec, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
Uganda, DR Congo hold oil talks: Ugandan officials

Uganda, DR Congo hold oil talks: Ugandan officials

Senior officials from Uganda and the Democratic Republic of Congo opened talks here Wednesday on sharing oil resources discovered in a border lake, Ugandan officials said.
Published 13 Dec, 2007 12:00am
Eurozone output points to weaker growth ahead

Eurozone output points to weaker growth ahead

Eurozone industrial production turned out slightly stronger than expected in October, data showed, but economists said the numbers still pointed to a falling trend and weaker economic growth in the fourth quarter.
Published 13 Dec, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 Dec, 2007 12:00am
China retail sales jump 18.8 percent

China retail sales jump 18.8 percent

China''s retail sales, the key measure of consumer spending in the world''s fourth largest economy, jumped 18.8 percent in November from a year earlier, government data showed Wednesday.
Published 13 Dec, 2007 12:00am
China retail sales jump 18.8 percent

China retail sales jump 18.8 percent

China's retail sales, the key measure of consumer spending in the world's fourth largest economy, jumped 18.8 percent in November from a year earlier, government data showed Wednesday.
Published 13 Dec, 2007 12:00am
China retail sales jump 18.8 percent

China retail sales jump 18.8 percent

China's retail sales, the key measure of consumer spending in the world's fourth largest economy, jumped 18.8 percent in November from a year earlier, government data showed Wednesday.
Published 13 Dec, 2007 12:00am
ISE index down 21.37 points

ISE index down 21.37 points

Bears returned in the driving seat at the Islamabad Stock Exchange (ISE) where selling pressure intensified in hot favourite moved the entire ready-board in downward direction amid decrease in index. ISE-10 Index was down by 21.37 points as it moved from
Published 13 Dec, 2007 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
ISE index down 21.37 points

ISE index down 21.37 points

Bears returned in the driving seat at the Islamabad Stock Exchange (ISE) where selling pressure intensified in hot favourite moved the entire ready-board in downward direction amid decrease in index. ISE-10 Index was down by 21.37 points as it moved from
Published 13 Dec, 2007 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
LSE index down 40.75 points

LSE index down 40.75 points

Share prices declined on the Lahore Stock Exchange (LSE) on Wednesday following profit-taking, notable in the banks and insurance sectors, resulting in an 0.8 percent fall in the index. The LSE-25 index fell to 4,754.41 points from 4,795.16, showing a dec
Published 13 Dec, 2007 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
LSE index down 40.75 points

LSE index down 40.75 points

Share prices declined on the Lahore Stock Exchange (LSE) on Wednesday following profit-taking, notable in the banks and insurance sectors, resulting in an 0.8 percent fall in the index. The LSE-25 index fell to 4,754.41 points from 4,795.16, showing a dec
Published 13 Dec, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
EU imposes ban on import of red chillies

EU imposes ban on import of red chillies

The European Union has imposed a ban on the import of red chillies from Pakistan as the commodity has been found infected with fungal disease Aflatoxin.
Published 13 Dec, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
EU imposes ban on import of red chillies

EU imposes ban on import of red chillies

The European Union has imposed a ban on the import of red chillies from Pakistan as the commodity has been found infected with fungal disease Aflatoxin.
Published 13 Dec, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
EU imposes ban on import of red chillies

EU imposes ban on import of red chillies

The European Union has imposed a ban on the import of red chillies from Pakistan as the commodity has been found infected with fungal disease Aflatoxin.
Published 13 Dec, 2007 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 12, 2007).

Published 13 Dec, 2007 12:00am
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