Al Karam Towel Industries (Pvt) Ltd (Al Karam Textile ) was established in 1986 as a specialised manufacturer of Towel and related products. Because of our splendid record, exceptional customer service and superior quality products, Al Karam Towel quickly
The Karachiites on Friday once again witnessed prolonged load-shedding due to the closure of KESC's two power generating units at Bin Qasim Power Plant for annual maintenance.
The scope of textile particularly terry towels in the world market is very bright as Pakistan is the 4th largest cotton producer and we are producing about 14% of the total cotton grown all over the world. We have infrastructure, know-how, and good labour
The Pakistan Credit Rating Agency (Pacra) has assigned long-term and short-term entity ratings of "AAA" (Triple A) and "A1+ (A One Plus) respectively to Pakistan State Oil - the largest oil marketing company of Pakistan.
Riba has always been an important issue for Muslims of all eras. The reason for this is the severe warnings given in the Qura'n against this institution. There is no disagreement on the unlawfulness of any transaction that involves riba.
Pakistan Muslim League - Nawaz (PML-N) participating in upcoming general polls-2008 to be held on January 08, 2008 has announced its candidates for different constituencies including Larkana. This was stated by president PML-N Larkana district Baboo Sarfr
Getz Pharma (Pvt) Limited is sixth largest pharmaceutical company in Pakistan with an annual turnover of Rs 3.8 billion. Getz Pharma has become the youngest company to earn the distinction of winning the export trophy in pharmaceuticals in 2
Senior leader of Pakistan Muslim League-Nawaz (PML-N), Makhdoom Javed Hashmi, has said that free, independent and a powerful media was imperative for nations to keep check on other three pillars of state and pinpoint the misdeeds of rulers and government'
Leather Field (Pvt) Ltd has emerged as the largest leather garments producing company from Pakistan. Shortly after its inception it secured the very first prestigious award from the country's renowned platform, ie Federation of Pakistan Chamber of Commerc
Caretaker Sindh Chief Minister former justice Abdul Qadir Halepota has reiterated his commitment to holding fair, free and transparent elections in the province. Halepota was speaking at a reception hosted by Senator Mohammed Amin Dadabhoy in his honour o
Pakistan People's Party (PPP) has asked the interior ministry to provide proper security to party chairperson Benazir Bhutto and her security advisor, Rahman Malik, following the intelligence report that suicide bombers might attack them.
The Federal Board of Revenue (FBR) has decided to withdraw double pay packages of employees, who have to face disciplinary proceedings under Removal from Services Ordinance, (RSO). Sources told Business Recorder on Friday that the board has amended
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
China has agreed to set up industries in proposed garment cities in Faisalabad, Lahore and Karachi following an offer by Pakistan under Free Trade Agreement, sources told Business Recorder, here on Friday.
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
Erra Chairman, Altaf Muhammad Saleem lauding the services of UNDP Resident Co-ordinator Jan Vandemoortele in the reconstruction and rehabilitation work said that it was his continued support that helped Erra in achieving difficult goals within a short spa
The Board of Investment has finalised a plan in collaboration with Federal Board of Revenue to take the issue of corporate tax rate to the Cabinet Committee on Investment (CCoI). This was stated by Investment Division Secretary Mushtaq Malik at a meeting
German Ambassador Dr Gunter Mulack on Friday said European Union (EU) is the largest market, even bigger than the United States of America, with 8.5 trillion Euro GDP and offers better opportunities to do business to all its trading partners even outside
Lauding Trade Development Authority of Pakistan (TDAP) for according approval to 50 Pakistani exhibitors to showcase their products in the upcoming South Asian Countries Commodities Fair here.
The former president FPCCI and co-chairman Businessmen Panel, Iftikhar Ali Malik has said that traders and industrialists were doing utmost efforts to achieve maximum economic benefit for Pakistan and they should be provided conducive atmosphere to carryo
Sindh Fisheries Department has issued an order for stopping offshore inspection against the use of prohibited fishing nets by fishing boats. However, the drive against prohibited nets will continue near shore and in creeks.
Pakistan Peoples Party (PPP), has informed the Election Commission of Pakistan and Sindh about unauthorised transfer/postings in the country, said PPP Secretary Information, Sherry Rehman. Addressing a press conference at Karachi Press club, she welcomed
The Chairperson, Pakistan Peoples Party (PPP), Benazir Bhutto will address a public meeting in Karachi in connection with PPP campaign for the General Election-2008. According to PPP Media Cell at Bilawal House, a public meeting is scheduled to be held in
Pakistan Peoples Party (PPP) on Friday claimed that large number of workers of Pakistan Peoples Party-Sherpao (PPP-S) have joined the PPP in PF-27 Mardan-V constituency says a press release.
Pakistan Muslim League-Q Punjab President and former chief minister Pervaiz Elahi has accused Benazir Bhutto of devising an election rigging plan based on the same pattern as rigging files prepared by her father, Zulfikar Ali Bhutto.
Caretaker Chief Minister of Balochistan Sardar Saleh Muhammad Bhutani called upon political parties to participate in the upcoming elections. Talking to PTV, he said Balochistan caretaker government wanted that parties should not stay away from elections.
Former Sindh Health Minister Syed Sardar Ahmed has said that January 8 elections would add a new chapter to the history of Pakistan and the sun of Haq Parast movement will rise with all shine. Addressing corner meetings, Sardar Ahmed, who is contesting el
Convenor of All Pakistan Democratic Movement (APDM), Mahmood Khan Achakzai Friday termed the January 8 polls as unconstitutional saying the movement will not accept the government constituted after the election. Speaking at Meet the Press Programme of Pes
Vice President of Muttahida Majlis-i-Amal Allama Sajid Naqvi has said that Qazi Hussain Ahmad will continue to be MMA President despite the differences among the alliance components over the poll boycott issue.
A delegation of Democracy International USA led by Galen Cowen held a meeting with the leaders of Jamiat Ulema-e-Pakistan (JUP) and discussed the issues relating to forthcoming elections. Senior vice president JUP Sahebzada Dr Abul Khair, Muhammad Zubair,
Muttahida Majlis-e-Amal rode a wave of anti-US feeling to stunning election success five years ago, but plagued by division, it has lost support and looks set to suffer in a January vote. The six-party alliance capitalised on anger over the 2001 US invasi
The Election Commission (EC) on Friday said that political parties will be provided with CDs of new voters list in a week but it could not be altered as the election schedule has already been announced.
As Election Day nears, candidates not aspiring to contest polls would be withdrawing their candidature on Saturday. More than 13,000 candidates filed their nomination papers during November 20-26 for the National Assembly and Provincial Assemblies, the fi
A UN human rights envoy on Thursday told US lawmakers not to send any delegation to monitor the upcoming election in Pakistan, claiming that it was already rigged by President Pervez Musharraf.
Jamiat Ulama-e-Islam (JUI) Samiul Haq Group has announced to boycott next month's parliamentary polls, further undermining the credibility of elections under beleaguered President Pervez Musharraf. Samiul Haq, who is currently a member of the Senate, told
As many as 17 candidates of Jamaat-e-Islami (JI) here, in line with the party's decision to boycott the general elections, withdrew their nomination papers on Friday. Those who withdrew their papers include: Hameed Uddin Awan from NA-95 and NA-96, Shabir
Representatives of major political parties on Friday have criticised the Election Commission of Pakistan (ECP) for failing to provide them with accurate information showed great dissatisfaction over incompetent complaint monitoring and resolution system.
Candidate of PML-F for NA-221 Qasimabad, Dr Shah Faisal Sanjrani said that his party will defeat the opponents with heavy margin. He was addressing a corner meeting held here at Qasimabad Phase-I on Friday. He said that PML-F under the leadership of Pir P
Caretaker Sindh Minister for Home Brigadier Akhtar Zamin (Retd) has urged all political parties to cooperate with the government in maintaining law and order situation during the proceedings of forthcoming general elections. He assured that the government
Up to 200 lawyers including Aitzaz Ahsan, Ali Ahmed Khurd, Ramzan Chaudhry, Ehan Raza Pasha, Muhammad Azhar Saddiqui, Jehanzaib Khan, Tanvir Randhawa and Abdur Rashid Qureshi will withdraw nomination papers from all over Pakistan, protesting to boycott th
Speakers at a workshop said on Friday that the exercise of right of franchise was a vital and integral part of democratic process and if it was exercised sensibly then it has the potential to bring about a revolutionary and drastic change.
Pakistan Readymade Garments Manufacturers Association (Prgmea) Chairman Ijaz A Khokhar has welcomed the announcement of the Trade Development Authority of Pakistan (TDAP) for providing assistance to local exporters for establishing business offices abroad
Following on the huge success of earlier Telenor Pakistan prize campaigns, Telenor Crorepati 1, 2 & 3 in which many people won prizes worth millions, Telenor Pakistan has introduced 'Crorepati 4', a scheme through which customers can win cash prizes and f
In developing countries such as Pakistan, diarrhoea continues to be a major killer of children during the first five years of life. A seminar organised at Agha Khan University (AKU) in collaboration with the University of Maryland (USA) highlighted the ro
Sindh Small Industries Corporation (SSIC) has failed to allot plots to small and cottage industries in the small industrial estate, spread over an area of 100 acres allotted by the Sindh government near Northern Bye-Pass.
Tameer Micro Finance Bank has signed an agreement with 1-LINK to gets its customers and online payment system integrated into the countrywide 1-LINK network.
Federal Minister for Railways, Mansoor Tariq has said concrete efforts are being made to increase the income of the Railways besides launching mega projects to encourage investment under the public private partnership.
Punjab Caretaker Chief Minister Ejaz Nisar has directed that maximum trees and flowers be planted on both sides of the Lahore Canal to add more to its beauty. He said a complete survey of the Lahore Canal must be conducted to repair broken portions of its
Al-Huda Islamic Banking and Economics Chief Executive Officer Zubair Mughal has said the Islamic Banking and Economics is never confined to Pakistan only, rather it is expanding world wide, including America and European countries.
Financial and technical assistance from donor agencies has helped Pakistan managers improve the authenticity and broaden the base of economic data. "There has been a lot of improvement in our working during past few years with money and technical know-how
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) will guide and create awareness about the potential of exporting milk products and Halal Food from Pakistan. This was stated by President FPCCI Tanvir Ahmad Sheikh while talking to Consul Ge
There are 264,000 children engaged in child labour in the country and one in every sixth household in Islamabad has employed at least one child for domestic labour. Sources in Social Welfare Ministry said that 35 million people are living below poverty li
British Airways has introduced special reward programme for Small and Medium Enterprises (SMEs) and other business establishments to help them get the most out of their travel budgets.
Federal government has approved one million rupees for the treatment of Mehdi Hassan, a singing legend, as he is bed ridden for a long time. Federal Minister for Sports and Culture Sardar Sikandar Hayat Khan Jogezai would present a cheque to Mehdi Hassan
The import of pulses has declined by around 28 percent during the first four months (July-October) of the current fiscal year, said importers on Friday. They said that international price of pulses was higher against its sales in the domestic markets, whi
Corn futures on the Chicago Board of Trade were mixed on Friday with supportive export news and an energy bill that is friendly to corn usage pitted against bearish moves in outside markets such as lower crude oil and gold and a firm dollar, traders said.
Soyabean futures at the Chicago Board of Trade were firm early Friday on continued technical buying, with support stemming from an active export pace and outlooks for a sharp drawdown in supplies, traders said.
US copper futures extended early declines on Friday following the dollar's rise when US consumer inflation jumped more than forecast, but after the initial reaction, traders said activity died down and prices stayed within a limited range.