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Print - 2008-01-08
Setting up taxpayers data warehouse: FBR approaches Nadra

Setting up taxpayers data warehouse: FBR approaches Nadra

The Federal Board of Revenue (FBR) has approached the National Database Registration Authority (Nadra) to get prepared a realistic and cost-effective estimates to establish a national data warehouse of taxpayers.
Published 08 Jan, 2008 12:00am
Uninterrupted power and gas supplies to industries demanded

Uninterrupted power and gas supplies to industries demanded

The newly elected president of Sarhad Chamber of Commerce and Industry (SCCI), Haji Mohammad Asif on Monday demanded uninterrupted supply of electricity and gas to the industrial units of NWFP saying the prevailing power crisis has paralysed industrial ac
Published 08 Jan, 2008 12:00am
TDAP sets up body to comply with EU's SPS standards

TDAP sets up body to comply with EU's SPS standards

TDAP has already taken several initiatives to educate exporters on the importance of complying with EU's Sanitary and Phyto-sanitary (SPS) standard to stop complaints about export of contaminated food items from Pakistan to European Union.
Published 08 Jan, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday January 07, 2008).
Published 08 Jan, 2008 12:00am
'Revision in oil prices left for elected government'

'Revision in oil prices left for elected government'

Caretaker Petroleum and Natural Resources Minister Chaudary Ahsanullah Khan has said the caretaker government has left the issue of revision in oil prices for the next elected government.
Published 08 Jan, 2008 12:00am
Plea against establishment of FHC withdrawn

Plea against establishment of FHC withdrawn

A three-member bench of the Supreme Court headed by Chief Justice Abdul Hameed Dogar here on Monday accepted the request of the main petitioner for withdrawing his plea against establishment of the Federal High Court (FHC) in Islamabad.
Published 08 Jan, 2008 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday January 07, 2008).
Published 08 Jan, 2008 12:00am
Competition Commission can share company information with regulators

Competition Commission can share company information with regulators

The Director General (Cartels and Mergers) of the Competition Commission would be empowered to share and supply information related to companies with Federal Board of Revenue, State Bank of Pakistan, Securities and Exchange Commission of Pakistan, Federal
Published 08 Jan, 2008 12:00am
Government releases extra 31,000 tons wheat quota to flour mills

Government releases extra 31,000 tons wheat quota to flour mills

The government has started releasing 31,000 tonnes additional wheat quota to the flour mills per day across the country from Monday (today), sources in the Food Ministry told Business Recorder. Sources said to overcome the acute flour shortage in t
Published 08 Jan, 2008 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday January 07, 2008).
Published 08 Jan, 2008 12:00am
Indian tea exporters eyeing Pakistan and Kenya

Indian tea exporters eyeing Pakistan and Kenya

The situation in Pakistan may give good times to Indian tea exporters, as they are very keen to purchase the commodity by paying high prices to export it to Islamabad. Political instability in Kenya, a major tea importer, has also come as boost to Indian
Published 08 Jan, 2008 12:00am
Prime Minister reviews progress of NCGR

Prime Minister reviews progress of NCGR

Prime Minister Mohammedmian Soomro said Monday that performance of the government is directly related to efficiency and productivity of the government servants, who are responsible for implementation of the national policies. He was chairing a meeting to
Published 08 Jan, 2008 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 January 07, 2008).
Published 08 Jan, 2008 12:00am
Militants kill eight peace workers

Militants kill eight peace workers

Al Qaeda-linked militants in South Waziristan have attacked two offices of a government-sponsored peace movement and killed eight people, the military said on Monday. The attacks were in South Waziristan on the Afghan border, where a militant leader the g
Published 08 Jan, 2008 12:00am
Militants kill eight peace workers

Militants kill eight peace workers

Al Qaeda-linked militants in South Waziristan have attacked two offices of a government-sponsored peace movement and killed eight people, the military said on Monday. The attacks were in South Waziristan on the Afghan border, where a militant leader the g
Published 08 Jan, 2008 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday January 07, 2008).
Published 08 Jan, 2008 12:00am
British detectives visit morgue

British detectives visit morgue

British detectives investigating the assassination of Benazir Bhutto examined Monday the partial remains of people killed in the suicide blast, officials said. The anti-terrorism specialists visited the Rawalpindi morgue, where the remains of some of the
Published 08 Jan, 2008 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday January 07, 2008).
Published 08 Jan, 2008 12:00am
8000 cusecs water release for power generation to continue: Irsa

8000 cusecs water release for power generation to continue: Irsa

The Indus River System Authority (Irsa) has decided that release of 8000 cusecs additional water for electricity generation would continue despite anticipation that the country could face a 28 percent water shortage in Rabi season, instead of earlier esti
Published 08 Jan, 2008 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday January 07, 2008).
Published 08 Jan, 2008 12:00am
8000 cusecs water release for power generation to continue: Irsa

8000 cusecs water release for power generation to continue: Irsa

The Indus River System Authority (Irsa) has decided that release of 8000 cusecs additional water for electricity generation would continue despite anticipation that the country could face a 28 percent water shortage in Rabi season, instead of earlier esti
Published 08 Jan, 2008 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday January 07, 2008).
Published 08 Jan, 2008 12:00am
8000 cusecs water release for power generation to continue: Irsa

8000 cusecs water release for power generation to continue: Irsa

The Indus River System Authority (Irsa) has decided that release of 8000 cusecs additional water for electricity generation would continue despite anticipation that the country could face a 28 percent water shortage in Rabi season, instead of earlier esti
Published 08 Jan, 2008 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 22nd December 2007.
Published 08 Jan, 2008 12:00am
CNOOC's 1st refinery on track, beefs up downstream

CNOOC's 1st refinery on track, beefs up downstream

CNOOC's first oil refinery is on track to start operating in October and the Chinese state oil firm plans to add more processing facilities to establish itself as the country's third-largest refiner, company officials said.
Published 08 Jan, 2008 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 22nd December 2007.
Published 08 Jan, 2008 12:00am
Selling pressure intensifies on ISE

Selling pressure intensifies on ISE

Selling pressure intensified in trend-setters at the Islamabad Stock Exchange where fresh bearish assault moved the entire ready-board in downward direction amid decrease in index. ISE-10 Index fell by 26.75 points, as it moved from 2,956.87 to 2,930.12 p
Published 08 Jan, 2008 12:00am
Selling pressure intensifies on ISE

Selling pressure intensifies on ISE

Selling pressure intensified in trend-setters at the Islamabad Stock Exchange where fresh bearish assault moved the entire ready-board in downward direction amid decrease in index. ISE-10 Index fell by 26.75 points, as it moved from 2,956.87 to 2,930.12 p
Published 08 Jan, 2008 12:00am
British government wants answers on soaring energy bills: report

British government wants answers on soaring energy bills: report

Britain's finance minister Alistair Darling has called for a meeting with the country's energy regulator amid concern at steep rises in domestic fuel prices, British newspapers said Monday. The Times said it had seen a letter from the chancellor of the ex
Published 08 Jan, 2008 12:00am
Senegal targets 5.4 percent growth in 2008

Senegal targets 5.4 percent growth in 2008

Senegal targets a further pick-up in economic growth to 5.4 percent this year from around 5.0 percent in 2007, the West African country's prime minister said.
Published 08 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday January 07, 2008).
Published 08 Jan, 2008 12:00am
LSE index loses 42.58 points

LSE index loses 42.58 points

Reacting negatively to a State Bank report about economic indicators, the share values have moved down on the Lahore Stock Exchange (LSE) though selling pressure turnover has remained on the higher side. The LSE-25 Index, with a decline of 42.58 points, e
Published 08 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday January 07, 2008).
Published 08 Jan, 2008 12:00am
LSE index loses 42.58 points

LSE index loses 42.58 points

Reacting negatively to a State Bank report about economic indicators, the share values have moved down on the Lahore Stock Exchange (LSE) though selling pressure turnover has remained on the higher side. The LSE-25 Index, with a decline of 42.58 points, e
Published 08 Jan, 2008 12:00am
No request from Pakistan for probe: UN chief

No request from Pakistan for probe: UN chief

The United Nations has not received any request from the Pakistan government for help in investigating the "tragic" assassination of former prime minister Benazir Bhutto, Secretary-General Ban Ki-moon said on Monday.
Published 08 Jan, 2008 12:00am
Pakistanis want Islamic democracy, distrust US: poll

Pakistanis want Islamic democracy, distrust US: poll

Most Pakistanis want their country to be a democratic Islamic state but are deeply distrustful of the United States and its war on terrorism, according to a poll released on Sunday. Funded by the US Institute of Peace, or USIP, the poll was taken before P
Published 08 Jan, 2008 12:00am
THE RUPEE: dollar at Rs 62 in open market

THE RUPEE: dollar at Rs 62 in open market

The dollar was sharply up in the open market on Monday after crossing Rs 62 barrier owing to the increasing demand for the US currency, dealers said. The rupee lost 15 paisa against the dollar for buying at 61.95 and it was also down 20 paia for selling a
Published 08 Jan, 2008 12:00am
Pakistanis want Islamic democracy, distrust US: poll

Pakistanis want Islamic democracy, distrust US: poll

Most Pakistanis want their country to be a democratic Islamic state but are deeply distrustful of the United States and its war on terrorism, according to a poll released on Sunday. Funded by the US Institute of Peace, or USIP, the poll was taken before P
Published 08 Jan, 2008 12:00am
THE RUPEE: dollar at Rs 62 in open market

THE RUPEE: dollar at Rs 62 in open market

The dollar was sharply up in the open market on Monday after crossing Rs 62 barrier owing to the increasing demand for the US currency, dealers said. The rupee lost 15 paisa against the dollar for buying at 61.95 and it was also down 20 paia for selling a
Published 08 Jan, 2008 12:00am
Growth rate to stay close to six percent

Growth rate to stay close to six percent

The growth rate of Gross Domestic Product (GDP) in the current financial year (FY08) would be close to six percent, below 6.6 to 7.0 percent growth forecast in the first quarterly report of the State Bank of Pakistan.
Published 08 Jan, 2008 12:00am
Growth rate to stay close to six percent

Growth rate to stay close to six percent

The growth rate of Gross Domestic Product (GDP) in the current financial year (FY08) would be close to six percent, below 6.6 to 7.0 percent growth forecast in the first quarterly report of the State Bank of Pakistan.
Published 08 Jan, 2008 12:00am
Growth rate to stay close to six percent

Growth rate to stay close to six percent

The growth rate of Gross Domestic Product (GDP) in the current financial year (FY08) would be close to six percent, below 6.6 to 7.0 percent growth forecast in the first quarterly report of the State Bank of Pakistan.
Published 08 Jan, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday January 07, 2008).
Published 08 Jan, 2008 12:00am
Growth rate to stay close to six percent

Growth rate to stay close to six percent

The growth rate of Gross Domestic Product (GDP) in the current financial year (FY08) would be close to six percent, below 6.6 to 7.0 percent growth forecast in the first quarterly report of the State Bank of Pakistan.
Published 08 Jan, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 08 Jan, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 08 Jan, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.
Published 08 Jan, 2008 12:00am
Muharram moon may be sighted on January 9

Muharram moon may be sighted on January 9

The new Muharram moon may be sighted tomorrow (Wednesday). According to astronomical parameters, there is a fair chance of sighting the Muharram moon. Therefore, Muharram One, 1429 AH should fall on Thursday. The moon will cross the conjunction line today
Published 08 Jan, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday January 07, 2008).
Published 08 Jan, 2008 12:00am
Muharram moon may be sighted on January 9

Muharram moon may be sighted on January 9

The new Muharram moon may be sighted tomorrow (Wednesday). According to astronomical parameters, there is a fair chance of sighting the Muharram moon. Therefore, Muharram One, 1429 AH should fall on Thursday. The moon will cross the conjunction line today
Published 08 Jan, 2008 12:00am
SPI not released on flour price factor

SPI not released on flour price factor

The ongoing surge in prices of essential commodities particularly Rs 5 increase in per kg flour, has forced the government not to release weekly Sensitive Price Indictor (SPI), used for measuring change in prices of goods on weekly basis, it was learnt.
Published 08 Jan, 2008 12:00am
SPI not released on flour price factor

SPI not released on flour price factor

The ongoing surge in prices of essential commodities particularly Rs 5 increase in per kg flour, has forced the government not to release weekly Sensitive Price Indictor (SPI), used for measuring change in prices of goods on weekly basis, it was learnt.
Published 08 Jan, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 08 Jan, 2008 12:00am
SPI not released on flour price factor

SPI not released on flour price factor

The ongoing surge in prices of essential commodities particularly Rs 5 increase in per kg flour, has forced the government not to release weekly Sensitive Price Indictor (SPI), used for measuring change in prices of goods on weekly basis, it was learnt.
Published 08 Jan, 2008 12:00am
BRIndex30 down 165.1 points

BRIndex30 down 165.1 points

On Monday, the BRIndex-30 opened in the red zone, at 15,330.22, with a downward gap of 112.32 points, and remained there for whole of the trading time, closing at 15,277.44, registering a negative change of -165.1 points, or -1.07 percent.
Published 08 Jan, 2008 12:00am
BRIndex30 down 165.1 points

BRIndex30 down 165.1 points

On Monday, the BRIndex-30 opened in the red zone, at 15,330.22, with a downward gap of 112.32 points, and remained there for whole of the trading time, closing at 15,277.44, registering a negative change of -165.1 points, or -1.07 percent.
Published 08 Jan, 2008 12:00am
KSE-100 loses 96.49 points

KSE-100 loses 96.49 points

Karachi share market on Monday witnessed selling pressure due to investors'' concerns over reports on direct intervention of the US army in Pakistan and declining oil prices in the international market. The market participant also expressed their concerns
Published 08 Jan, 2008 12:00am
KSE-100 loses 96.49 points

KSE-100 loses 96.49 points

Karachi share market on Monday witnessed selling pressure due to investors' concerns over reports on direct intervention of the US army in Pakistan and declining oil prices in the international market. The market participant also expressed their concerns
Published 08 Jan, 2008 12:00am
KSE-100 loses 96.49 points

KSE-100 loses 96.49 points

Karachi share market on Monday witnessed selling pressure due to investors' concerns over reports on direct intervention of the US army in Pakistan and declining oil prices in the international market. The market participant also expressed their concerns
Published 08 Jan, 2008 12:00am
DAP price up Rs 400 per 50kg

DAP price up Rs 400 per 50kg

Importers on Monday raised the price of di-ammonium phosphate (DAP), an essential crop nutrient, by Rs 400 per 50-kilogramme bag on the back of soaring international prices, market sources said. They said that after the current upsurge, the price of the c
Published 08 Jan, 2008 12:00am
DAP price up Rs 400 per 50kg

DAP price up Rs 400 per 50kg

Importers on Monday raised the price of di-ammonium phosphate (DAP), an essential crop nutrient, by Rs 400 per 50-kilogramme bag on the back of soaring international prices, market sources said. They said that after the current upsurge, the price of the c
Published 08 Jan, 2008 12:00am
DAP price up Rs 400 per 50kg

DAP price up Rs 400 per 50kg

Importers on Monday raised the price of di-ammonium phosphate (DAP), an essential crop nutrient, by Rs 400 per 50-kilogramme bag on the back of soaring international prices, market sources said. They said that after the current upsurge, the price of the c
Published 08 Jan, 2008 12:00am
ECC to give green signal to ministry for two IPI deals

ECC to give green signal to ministry for two IPI deals

The Economic Coordination Committee (ECC) of the Cabinet in it meeting here on Tuesday is going to give green signal to the Ministry of Petroleum (MoP) for signing ''Sale/Purchase Agreement'' and Implementation Agreement (IA) with Iran for the Iran-Pakist
Published 08 Jan, 2008 12:00am
ECC to give green signal to ministry for two IPI deals

ECC to give green signal to ministry for two IPI deals

The Economic Coordination Committee (ECC) of the Cabinet in it meeting here on Tuesday is going to give green signal to the Ministry of Petroleum (MoP) for signing 'Sale/Purchase Agreement' and Implementation Agreement (IA) with Iran for the Iran-Pakistan
Published 08 Jan, 2008 12:00am
ECC to give green signal to ministry for two IPI deals

ECC to give green signal to ministry for two IPI deals

The Economic Coordination Committee (ECC) of the Cabinet in it meeting here on Tuesday is going to give green signal to the Ministry of Petroleum (MoP) for signing 'Sale/Purchase Agreement' and Implementation Agreement (IA) with Iran for the Iran-Pakistan
Published 08 Jan, 2008 12:00am
Rs 39.36 billion sales tax refund claims withheld

Rs 39.36 billion sales tax refund claims withheld

Due to the taxpayers'' manipulation of sales tax refunds documents the Collectorate of Sales Tax Refunds has stopped sales tax refund claims amounting to Rs 39.36 billion. Official sources told Business Recorder on Monday that a huge number of sale
Published 08 Jan, 2008 12:00am
Rs 39.36 billion sales tax refund claims withheld

Rs 39.36 billion sales tax refund claims withheld

Due to the taxpayers' manipulation of sales tax refunds documents the Collectorate of Sales Tax Refunds has stopped sales tax refund claims amounting to Rs 39.36 billion. Official sources told Business Recorder on Monday that a huge number of sales
Published 08 Jan, 2008 12:00am