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Print - 2008-01-04
MBBS exams re-scheduled

MBBS exams re-scheduled

MCQ theory programme of first professional MBBS (Part-II) Annual Examination of 2008 re-scheduled. Now the examination will be held from 22-01-08 at Liaquat University of Medical and Health Sciences Jamshoro, Chandka Medical College Larkana, Nawabshah Med
Published 04 Jan, 2008 12:00am
Outgoing Sindh Ombudsman to get new post

Outgoing Sindh Ombudsman to get new post

Sindh Ombudsman, Yousuf Jamal on Thursday resigned as he is being given an important assignment, the outgoing Ombudsman told APP by telephone. The former Inspector General of Sindh Police Asad Ashraf Malik has replaced him. The new Provincial Ombudsman ha
Published 04 Jan, 2008 12:00am
Stage set for Pak-India trade across LoC

Stage set for Pak-India trade across LoC

Indian Minister of State for Commerce Jairam Ramesh said India and Pakistan would soon finalise arrangements for trade across Line of Control (LoC) in disputed Jammu and Kashmir. Talking to newsmen here, he said "basic agreement is done, both parties beli
Published 04 Jan, 2008 12:00am
Humayun takes charge as director general PERRA

Humayun takes charge as director general PERRA

Muhammad Humayun, new Director General of Provincial Earthquake Rehabilitation and Reconstruction Agency (PERRA) assumed the charge of his office here on Thursday. According to an official handout he replaced Habibullah Khan who has been posted as an Addi
Published 04 Jan, 2008 12:00am
Aptma gets new chairman

Aptma gets new chairman

Muhammad Iqbal of Al-Karam Textile Mills (Pvt) Limited, Karachi has assumed the office of Chairman, All Pakistan Textile Mills Association (Aptma) for the term 2007-08. Muhammad Iqbal was elected unopposed for this position and has taken-up the charge wit
Published 04 Jan, 2008 12:00am
Aptma slams Lesco, SNGPL business policy

Aptma slams Lesco, SNGPL business policy

All Pakistan Textile Mills Association (Aptma) Punjab Zone members have strongly condemned non-friendly business policy of Lahore Electricity Supply Company (Lesco) and Sui Northern Gas Pipeline Limited (SNGPL).
Published 04 Jan, 2008 12:00am
KW&SB fails to recover Rs 35.3 billion dues

KW&SB fails to recover Rs 35.3 billion dues

The Karachi Water and Sewerage Board (KW&SB) has failed to recover outstanding dues of Rs 35.357 billion pending against 17 departments of the federal government, well-placed sources told Business Recorder on Thursday.
Published 04 Jan, 2008 12:00am
Tragedy of Rawalpindi: Taluka-wise committees formed to assess losses

Tragedy of Rawalpindi: Taluka-wise committees formed to assess losses

The District Co-ordination Officer Hyderabad Aftab Ahmed Khatri has constituted Taluka-wise committees headed by D.D.O. Revenue concerned for conducting survey of losses/damages caused to private and public properties either immovable or moveable during r
Published 04 Jan, 2008 12:00am
Telenor restores cellular services

Telenor restores cellular services

The technical teams of Telenor Pakistan are busy in restoring uninterrupted cellular service to all its customers. Frequent cuts in PTCL's fiber-optic link over the past few days have resulted in communication issues for some of Telenor Pakistan customers
Published 04 Jan, 2008 12:00am
Goods transporters claim Rs 10 billion losses

Goods transporters claim Rs 10 billion losses

Karachi Goods Carriers Association (KGCA) has claimed that goods transporters had sustained estimated financial loss of Rs 10 billion due to burning down of hundreds of loaded trailer-trucks. KGCA leaders demanded early compensation of their losses.
Published 04 Jan, 2008 12:00am
British High Commissioner calls on Nawaz Sharif

British High Commissioner calls on Nawaz Sharif

British High Commissioner Robert Brinkley called on Pakistan Muslim League (N) Quaid Mian Nawaz Sharif at his residence on Thursday. According to details, the two leaders exchanged views about various issues including current situation, delay of the gener
Published 04 Jan, 2008 12:00am
LUMHC exams to start from January 10

LUMHC exams to start from January 10

Liaquat University of Medical and Health Sciences (LUMHC), Jamshoro, has announced that the theory examination of post-graduate diploma courses, October Examination 2007, will be held on 10th Jan, 2008 at the university campus at 10:00 am.
Published 04 Jan, 2008 12:00am
Students asked to deposit fees

Students asked to deposit fees

The Director, Admissions, University of Sindh has advised that candidates who appeared in the pre-entry tests for admissions leading to bachelors and masters degree programs, 2008 but failed to be short-listed, should deposit admission fees so that they c
Published 04 Jan, 2008 12:00am
Lawyers boycott courts to express solidarity with PPP

Lawyers boycott courts to express solidarity with PPP

The lawyers' community boycotted courts to express solidarity with the Pakistan People's Party over the Bhutto killing. Bar members also staged a rally on the Mall, chanting slogans against the government and President Pervez Musharraf and also demanded a
Published 04 Jan, 2008 12:00am
PPP workers stunned at Zardari's induction

PPP workers stunned at Zardari's induction

The shifting of 'PPP crown" from Bhutto dynasty to Zardari not only stunned party workers at large scale, but also established a bond of anxiety for future party existence in continuation with Shaheed ZA Bhutto and Benazir Bhutto's political legacy, it is
Published 04 Jan, 2008 12:00am
PPP Punjab executive body meeting on January 7

PPP Punjab executive body meeting on January 7

Pakistan People's Party Punjab President Shah Mahmood Qureshi has said the postponement of the general elections is against the people's wishes. He told his party spokesman on Thursday that the party would win the polls with a landslide victory and critic
Published 04 Jan, 2008 12:00am
Delay will prove dangerous: PML-N

Delay will prove dangerous: PML-N

Pakistan Muslim League-Nawaz finance secretary Muhammad Pervaiz Malik has said that delaying the general elections will prove dangerous. He told his party workers that the decision to put off the polls was taken without taking the mainstream political par
Published 04 Jan, 2008 12:00am
Tevta, UET, Octane ink MoU today

Tevta, UET, Octane ink MoU today

A Memorandum of Understanding (MoU) will be signed on Friday (today) between the Technical Education and Vocational Training Authority (Tevta), the Octane Solutions and the Department of Mechanical Engineering, University of Engineering and Technology (UE
Published 04 Jan, 2008 12:00am
Lack of transport hits supply of tomatoes

Lack of transport hits supply of tomatoes

Non-availability of transportation has badly hit the supply of tomatoes and onions from interior Sindh to Karachi. The disturbed supplies have caused shortage of tomatoes and onions in Karachi, while the growers also suffered losses, a private TV channel
Published 04 Jan, 2008 12:00am
Musharraf on horns of poll dilemma: analysts

Musharraf on horns of poll dilemma: analysts

Even if Pakistan had held elections on time instead of delaying them in the wake of the chaos unleashed by Benazir Bhutto's killing, President Pervez Musharraf was set to lose, analysts say.
Published 04 Jan, 2008 12:00am
Political crisis appears to ease after vote date set

Political crisis appears to ease after vote date set

Pakistan's political crisis appeared to stabilise on Thursday with parties looking ahead to elections in which the party of assassinated opposition leader Benazir Bhutto is set to make gains.
Published 04 Jan, 2008 12:00am
NTCHIP Vision 2030: government plans to double the trade to GDP ratio

NTCHIP Vision 2030: government plans to double the trade to GDP ratio

Under the strategic framework of National Trade Corridor Highway Investment Programme "Vision 2030" government has planned to raise the trade to gross domestic product (GDP) ratio from 30 percent to about 60 percent, which would be equivalent to $600 bill
Published 04 Jan, 2008 12:00am
No stable Pakistan if Musharraf stays: think tank

No stable Pakistan if Musharraf stays: think tank

President Pervez Musharraf must quit if Pakistan is to regain stability in the wake of the assassination of opposition leader Benazir Bhutto, a think-tank said on Thursday.
Published 04 Jan, 2008 12:00am
Political parties condemn poll postponement

Political parties condemn poll postponement

With the exception of the Pakistan Muslim League-Quaid (PML-Q) and APDM, the rest of political parties taking part in the upcoming general elections unanimously condemned the polls postponement till February 18. The Election Commission (EC) on Wednesday a
Published 04 Jan, 2008 12:00am
'Benazir's killing an irreparable loss'

'Benazir's killing an irreparable loss'

Founders' Senior Vice-President Haji Muhammad Asif has said the Benazir Bhutto's killing has caused an irreparable damage to the country. "The country has been deprived of a great leader. Her mission was to end terrorism and ensure the progress of democra
Published 04 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 03, 2008).

Published 04 Jan, 2008 12:00am
Farmers facing DAP shortage for wheat sowing

Farmers facing DAP shortage for wheat sowing

Farmers of Southern Punjab are facing hardships in getting Di-ammonium Phosphate (DAP) fertilisers for wheat sowing even on higher prices as international prices of Di-ammonium Phosphate (DAP) fertiliser have surged more than double during the last year,
Published 04 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (January 03, 2008).

Published 04 Jan, 2008 12:00am
Khar wishes Zardari's success as PPP co-chairman

Khar wishes Zardari's success as PPP co-chairman

Former Punjab governor Malik Ghulam Mustafa Khar said no one is left in PPP to follow the lines of Bhuttoism and prayed for PPP Co-chairman Asif Ali Zardari for his success, saying it is because the failure of both the father and the son to bring politica
Published 04 Jan, 2008 12:00am
SCCI to introduce micro credit scheme

SCCI to introduce micro credit scheme

Sialkot Chamber of Commerce and Industry (SCCI) is actively considering to introduce its micro credit scheme in Sialkot shortly, revealed newly elected president Dr Khurram Anwar Khawaja.
Published 04 Jan, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (January 03, 2008).

Published 04 Jan, 2008 12:00am
'Benazir's slaying threatens to derail country's economy'

'Benazir's slaying threatens to derail country's economy'

The assassination of opposition leader Benazir Bhutto threatens to derail the country's strong economic performance of the past five years that had been partly fuelled by foreign investors. A national election to return the country to civilian rule has be
Published 04 Jan, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (January 03, 2008) and for Friday (January 04, 2008).
Published 04 Jan, 2008 12:00am
'Benazir's slaying threatens to derail country's economy'

'Benazir's slaying threatens to derail country's economy'

The assassination of opposition leader Benazir Bhutto threatens to derail the country's strong economic performance of the past five years that had been partly fuelled by foreign investors. A national election to return the country to civilian rule has be
Published 04 Jan, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (January 03, 2008).

Published 04 Jan, 2008 12:00am
''Benazir''s slaying threatens to derail country''s economy''

''Benazir''s slaying threatens to derail country''s economy''

The assassination of opposition leader Benazir Bhutto threatens to derail the country''s strong economic performance of the past five years that had been partly fuelled by foreign investors. A national election to return the country to civilian rule has b
Published 04 Jan, 2008 12:00am
Paramedic's polls schedule revised

Paramedic's polls schedule revised

Provincial Paramedical Association NWFP, Election Committee Chairman Syed Roedad Shah and members of the association have changed the election date earlier scheduled for January 12 on the request of the Presidential candidate of Paramedical Dost Group, Ha
Published 04 Jan, 2008 12:00am
Railways suspends 11 trains

Railways suspends 11 trains

Pakistan Railways (PR) on Thursday suspended temporarily the operation of 11 sets of trains with aim to divert ceased rakes on the major tracks of the country. According the Pakistan Railways the operation of 11 trains was suspended to make available the
Published 04 Jan, 2008 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 04 Jan, 2008 12:00am
Asfandyar condoles with Asif Zardari

Asfandyar condoles with Asif Zardari

The central president of Awami National Party (ANP), Senator Asfandyar Wali, on Thursday, visited the Bhutto House Naudero and offered condolences to co-chairman of PPP Asif Ali Zardari on the tragic demise of PPP chairperson Mohtarma Benazir Bhutto.
Published 04 Jan, 2008 12:00am
New York cotton

New York cotton

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

Published 04 Jan, 2008 12:00am
ZAB birth anniversary on January 5

ZAB birth anniversary on January 5

The country will celebrate the birth anniversary of Pakistan People's Party (PPP) founder Zulfikar Ali Bhutto on January 5 amid mourning for the slain former premier and his daughter, Benazir. PPP Punjab Chief Shah Mahmood Qureshi has ordered his activist
Published 04 Jan, 2008 12:00am
New York cotton

New York cotton

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

Published 04 Jan, 2008 12:00am
Slain PPP chairperson: Bangladesh political parties record condolences

Slain PPP chairperson: Bangladesh political parties record condolences

Pakistan High Commission here succeeded in getting two mainstream political parties, the Awami League (AL) and the Bangladesh National Party (BNP) to record grief and sorrow for the slain PPP Chairperson Benazir Bhutto in the condolence book at the Chance
Published 04 Jan, 2008 12:00am
The Weather

The Weather

The weather report on Thursday (January 03, 2008) and the forecast for Friday (January 04, 2008).
Published 04 Jan, 2008 12:00am
Countrywide rains likely from today

Countrywide rains likely from today

The much needed widespread rains and snowfalls on hill tops start from Friday night which would brighten prospects of good wheat crop in the country, the Meteorological department said here Thursday evening.
Published 04 Jan, 2008 12:00am
NVM to train volunteers

NVM to train volunteers

The country is passing through a critical phase as law and order is deteriorating hence it is essential to train the youth to serve the nation in disaster-like situations, said the caretaker Federal Minister for Youth Affairs, Barrister Mohammad Ali Saif
Published 04 Jan, 2008 12:00am
CCP dismisses textile mills' petition against MCA penalty

CCP dismisses textile mills' petition against MCA penalty

The Competition Commission of Pakistan (CCP) has dismissed the petition of M/s. Rizwan Textile Mills Limited against the penalty imposed on the Mills on 30 April, 2007 by Monopoly Control Authority (MCA) for non supplying information and non-compliance of
Published 04 Jan, 2008 12:00am
Iranian foreign minister due today

Iranian foreign minister due today

Iranian Foreign Minister Manouchehr Mottaki will head to Pakistan on Friday to pay respects to the assassinated former Pakistani prime minister Benazir, the state news agency Irna reported.
Published 04 Jan, 2008 12:00am
Asian oil swaps climb

Asian oil swaps climb

Outright Asian oil swaps rose on Thursday, propped up by crude oil's rally, but gas oil's crack eased, possibly reflecting weaker demand, said traders. Front-month gas oil swaps leaped $2.10 to a record high of $111.95 a barrel by mid-session, while gas o
Published 04 Jan, 2008 12:00am
US senator hits sale of F-16s to Pakistan

US senator hits sale of F-16s to Pakistan

A senior US senator lashed the administration of President George W Bush Wednesday for its decision to sell F-16 fighter jets to Pakistan, calling it a sign of a "dangerously misguided" policy toward Islamabad.
Published 04 Jan, 2008 12:00am
Nymex crude eases to hover around $99 a barrel

Nymex crude eases to hover around $99 a barrel

US crude futures eased slightly on Thursday, after hitting a lifetime high of $100 a barrel in US trade, but continued to trade near record levels, supported by geopolitical risks, tight energy stockpiles and a weak dollar. NYMEX crude for February delive
Published 04 Jan, 2008 12:00am
CoAS for national effort to defeat threats

CoAS for national effort to defeat threats

Chief of Army Staff General Ashfaq Parvez Kayani on Thursday said the country was confronted with difficult challenges and the only way to thwart and defeat all kinds of threats was through a comprehensive national effort, where all segments of the societ
Published 04 Jan, 2008 12:00am
Asian pacific crude up

Asian pacific crude up

Asia-Pacific crude rose on Thursday, as some buyers of Vietnamese grade raised their bids in the second round of discussions for the April-to-September Bach Ho official selling price (OSP), traders said.
Published 04 Jan, 2008 12:00am
CoAS for national effort to defeat threats

CoAS for national effort to defeat threats

Chief of Army Staff General Ashfaq Parvez Kayani on Thursday said the country was confronted with difficult challenges and the only way to thwart and defeat all kinds of threats was through a comprehensive national effort, where all segments of the societ
Published 04 Jan, 2008 12:00am
Cotton prices strong despite political turmoil

Cotton prices strong despite political turmoil

Cotton market has consolidated to attain a tight condition since the last one week or ten days due to strong local and international fundamentals despite the prevailing political turmoil in the country following the assassination of former prime minister
Published 04 Jan, 2008 12:00am
KCCI threatens to close down businesses

KCCI threatens to close down businesses

The Karachi Chamber of Commerce and Industry (KCCI) has demanded of the government to dismiss from services all top brass of the police department, including Inspector General of Police (IGP) Sindh, recover looted goods and arrest miscreants within one we
Published 04 Jan, 2008 12:00am
Cotton prices strong despite political turmoil

Cotton prices strong despite political turmoil

Cotton market has consolidated to attain a tight condition since the last one week or ten days due to strong local and international fundamentals despite the prevailing political turmoil in the country following the assassination of former prime minister
Published 04 Jan, 2008 12:00am
KCCI threatens to close down businesses

KCCI threatens to close down businesses

The Karachi Chamber of Commerce and Industry (KCCI) has demanded of the government to dismiss from services all top brass of the police department, including Inspector General of Police (IGP) Sindh, recover looted goods and arrest miscreants within one we
Published 04 Jan, 2008 12:00am
Mills step up buying on cotton market

Mills step up buying on cotton market

Mills did not show any hesitance in the fresh buying on the cotton market on Thursday amid hovering apprehensions about the fresh rise in the prices, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 3075, they said
Published 04 Jan, 2008 12:00am
KCCI threatens to close down businesses

KCCI threatens to close down businesses

The Karachi Chamber of Commerce and Industry (KCCI) has demanded of the government to dismiss from services all top brass of the police department, including Inspector General of Police (IGP) Sindh, recover looted goods and arrest miscreants within one we
Published 04 Jan, 2008 12:00am
Oil cake market rates

Oil cake market rates

A few changes were seen on the forward cottonseed oilcake market on Thursday as buyers were active to cover the immediate needs, dealers said. The January vaida held its last levels at Rs 646.00 and closing was seen at the same rate, they said.
Published 04 Jan, 2008 12:00am
Pepco approaches President for release of funds

Pepco approaches President for release of funds

The Pakistan Electric Power Company has approached President Pervez Musharraf for release of funds, saying any further delay would result in collapse of country's power sector, informed sources in the finance ministry told Business Recorder.
Published 04 Jan, 2008 12:00am
FOB Gulf soya steady; corn and wheat flat

FOB Gulf soya steady; corn and wheat flat

US FOB basis soyabean offers held steady on Wednesday despite a sharp drop in values in the barge market due to CBOT soyabeans hitting 34-year highs, traders said. Corn and wheat export premiums were also unchanged. CIF barge basis values held steady duri
Published 04 Jan, 2008 12:00am
Pepco approaches President for release of funds

Pepco approaches President for release of funds

The Pakistan Electric Power Company has approached President Pervez Musharraf for release of funds, saying any further delay would result in collapse of country's power sector, informed sources in the finance ministry told Business Recorder.
Published 04 Jan, 2008 12:00am
CBoT wheat closes sharply higher

CBoT wheat closes sharply higher

US wheat futures started 2008 on a strong note Wednesday, with nearby contracts rising the daily limit at all three exchanges amid a broad-based commodities rally that encompassed grains, energies and metals. Also supportive was news that Pakistan tendere
Published 04 Jan, 2008 12:00am
Pepco approaches President for release of funds

Pepco approaches President for release of funds

The Pakistan Electric Power Company has approached President Pervez Musharraf for release of funds, saying any further delay would result in collapse of country''s power sector, informed sources in the finance ministry told Business Recorder.
Published 04 Jan, 2008 12:00am
KCBT wheat futures rise

KCBT wheat futures rise

Hard red winter wheat futures on the Kansas City Board of Trade closed higher on Wednesday in line with a broad-based commodities rally that lifted grains, energy and metals on the first trading day of 2008, traders said.
Published 04 Jan, 2008 12:00am
Upward trend persists on grain market

Upward trend persists on grain market

Upward trend persisted on the grain market on the grain market on Thursday as demand has increased by the retailers, dealers said. On the grams side, gram garda Punjab posted fresh gain of Rs 75 to Rs 3000-3150. Gram garda dal Punjab followed suit and pic
Published 04 Jan, 2008 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 113,260 tonnes cargo including 98,370 tonnes import, 14,890 tonnes export cargo and 2,431 containers (TEUs) during last 24 hours ending at 0700 hours on Thursday. The cargo comprised of 70,560 tonnes dry cargo including 40,620 ton
Published 04 Jan, 2008 12:00am
FBR to scrutinise tax profiles of big companies

FBR to scrutinise tax profiles of big companies

The Federal Board of Revenue has decided to scrutinise tax record of big companies, which showed negative trends in sales tax collection during July-November 2007-2008 against the corresponding period of last fiscal year. In this connection, the FBR has d
Published 04 Jan, 2008 12:00am
Thailand sees lower rice exports

Thailand sees lower rice exports

Thailand will do well to export 8.7 million tonnes of rice this year, down from an unexpectedly high 9.4 million tonnes in 2007 because of supply constraints, the Rice Exporters Association said on Thursday. But prices are expected to surge and remain hig
Published 04 Jan, 2008 12:00am
FBR to scrutinise tax profiles of big companies

FBR to scrutinise tax profiles of big companies

The Federal Board of Revenue has decided to scrutinise tax record of big companies, which showed negative trends in sales tax collection during July-November 2007-2008 against the corresponding period of last fiscal year. In this connection, the FBR has d
Published 04 Jan, 2008 12:00am
US Midwest soya bids steady to weak

US Midwest soya bids steady to weak

Spot basis bids for soyabeans were steady to weak around the US Midwest on Thursday after a futures market rally pushed cash prices higher, grain dealers said. Cash bids for corn were mostly steady at interior processors and elevators but fell at river lo
Published 04 Jan, 2008 12:00am
FBR to scrutinise tax profiles of big companies

FBR to scrutinise tax profiles of big companies

The Federal Board of Revenue has decided to scrutinise tax record of big companies, which showed negative trends in sales tax collection during July-November 2007-2008 against the corresponding period of last fiscal year. In this connection, the FBR has d
Published 04 Jan, 2008 12:00am
Akzo Nobel takes over ICI

Akzo Nobel takes over ICI

One of the world's biggest deals of 8 billion pounds has gone through between Akzo Nobel of Holland and ICI world-wide. As per the deal, the former has acquired 100 percent shares of the latter world over. Sources said ICI per share price for the deal has
Published 04 Jan, 2008 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

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
Published 04 Jan, 2008 12:00am
Akzo Nobel takes over ICI

Akzo Nobel takes over ICI

One of the world's biggest deals of 8 billion pounds has gone through between Akzo Nobel of Holland and ICI world-wide. As per the deal, the former has acquired 100 percent shares of the latter world over. Sources said ICI per share price for the deal has
Published 04 Jan, 2008 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

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
Published 04 Jan, 2008 12:00am
Akzo Nobel takes over ICI

Akzo Nobel takes over ICI

One of the world''s biggest deals of 8 billion pounds has gone through between Akzo Nobel of Holland and ICI world-wide. As per the deal, the former has acquired 100 percent shares of the latter world over. Sources said ICI per share price for the deal ha
Published 04 Jan, 2008 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (January 03, 2008).

Published 04 Jan, 2008 12:00am
A wake-up call

A wake-up call

$100 per barrel is finally a reality after months of fearful anticipation, and the world is now preparing for the day when oil price eventually reaches $200. What this portends for the economy of the world as a whole is hard to put in words, but it will c
Published 04 Jan, 2008 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (January 03, 2008).

Published 04 Jan, 2008 12:00am
A wake-up call

A wake-up call

$100 per barrel is finally a reality after months of fearful anticipation, and the world is now preparing for the day when oil price eventually reaches $200. What this portends for the economy of the world as a whole is hard to put in words, but it will c
Published 04 Jan, 2008 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (January 03, 2008).

Published 04 Jan, 2008 12:00am
A wake-up call

A wake-up call

$100 per barrel is finally a reality after months of fearful anticipation, and the world is now preparing for the day when oil price eventually reaches $200. What this portends for the economy of the world as a whole is hard to put in words, but it will c
Published 04 Jan, 2008 12:00am