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Print - 2008-01-19
PHC Chief Justice passes away

PHC Chief Justice passes away

Chief Justice Peshawar High Court Justice Talat Qayyum Qureshi passed away in Rawalpindi on Friday, a private TV channel reported. The CJ was admitted to Rawalpindi hospital Thursday night following heart problem. His funeral prayers would be held in Pesh
Published 19 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 Friday (January 18, 2008).

Published 19 Jan, 2008 12:00am
Tea import from Kenya comes to a standstill

Tea import from Kenya comes to a standstill

The tea import from Kenya, the major resource for local market, has come to a standstill due to countrywide violence erupted after the presidential elections there. Kenya is a major tea exporting country having over 70 percent share in tea import of Pakis
Published 19 Jan, 2008 12:00am
Tea import from Kenya comes to a standstill

Tea import from Kenya comes to a standstill

The tea import from Kenya, the major resource for local market, has come to a standstill due to countrywide violence erupted after the presidential elections there. Kenya is a major tea exporting country having over 70 percent share in tea import of Pakis
Published 19 Jan, 2008 12:00am
Tea import from Kenya comes to a standstill

Tea import from Kenya comes to a standstill

The tea import from Kenya, the major resource for local market, has come to a standstill due to countrywide violence erupted after the presidential elections there. Kenya is a major tea exporting country having over 70 percent share in tea import of Pakis
Published 19 Jan, 2008 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (January 18, 2008).

Published 19 Jan, 2008 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 18, 2008).
Published 19 Jan, 2008 12:00am
Differential payment to OMCs: MoF clears the way for Rs 40 billion loan

Differential payment to OMCs: MoF clears the way for Rs 40 billion loan

The ministry of finance has cleared a proposal of the ministry of petroleum for arranging Rs 40 billion syndicated loan from a banks consortium led by National Bank of Pakistan for payments to OMCs against outstanding differential on POL prices. Sources s
Published 19 Jan, 2008 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 18, 2008).

Published 19 Jan, 2008 12:00am
Differential payment to OMCs: MoF clears the way for Rs 40 billion loan

Differential payment to OMCs: MoF clears the way for Rs 40 billion loan

The ministry of finance has cleared a proposal of the ministry of petroleum for arranging Rs 40 billion syndicated loan from a banks consortium led by National Bank of Pakistan for payments to OMCs against outstanding differential on POL prices. Sources s
Published 19 Jan, 2008 12:00am
Differential payment to OMCs: MoF clears the way for Rs 40 billion loan

Differential payment to OMCs: MoF clears the way for Rs 40 billion loan

The ministry of finance has cleared a proposal of the ministry of petroleum for arranging Rs 40 billion syndicated loan from a banks consortium led by National Bank of Pakistan for payments to OMCs against outstanding differential on POL prices. Sources s
Published 19 Jan, 2008 12:00am
90 militants killed in South Waziristan

90 militants killed in South Waziristan

Troops killed up to 90 militants on Friday after the rebels besieged a military base and ambushed a convoy near the Afghan border, the army said. Troops fought off a "large number" of insurgents who surrounded and attacked the Ladha fort in the troubled t
Published 19 Jan, 2008 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (January 18, 2008).

Published 19 Jan, 2008 12:00am
90 militants killed in South Waziristan

90 militants killed in South Waziristan

Troops killed up to 90 militants on Friday after the rebels besieged a military base and ambushed a convoy near the Afghan border, the army said. Troops fought off a "large number" of insurgents who surrounded and attacked the Ladha fort in the troubled t
Published 19 Jan, 2008 12:00am
World Bank receives bomb threat, closes buildings

World Bank receives bomb threat, closes buildings

The World Bank said Friday it had received a telephoned bomb threat and was closing all its office buildings in Washington, which are within blocks of the White House.
Published 19 Jan, 2008 12:00am
World Bank receives bomb threat, closes buildings

World Bank receives bomb threat, closes buildings

The World Bank said Friday it had received a telephoned bomb threat and was closing all its office buildings in Washington, which are within blocks of the White House.
Published 19 Jan, 2008 12:00am
LSE scores fresh gains

LSE scores fresh gains

The Lahore Stock Exchange's bullish trend has dragged on with equities reporting gains across the board amid an ascending transaction volume because of fresh buying by institutions.
Published 19 Jan, 2008 12:00am
LSE scores fresh gains

LSE scores fresh gains

The Lahore Stock Exchange's bullish trend has dragged on with equities reporting gains across the board amid an ascending transaction volume because of fresh buying by institutions.
Published 19 Jan, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (January 18, 2008).

Published 19 Jan, 2008 12:00am
Bulls remain in front seat on ISE

Bulls remain in front seat on ISE

The equities showed positive signs at the Islamabad Stock Exchange where bulls remained in the front seat amid increase in index. ISE-10 Index was up by 60.22 points, as the ISE index moved from 2,853.93 to 2, 914.15 points.
Published 19 Jan, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (January 18, 2008).

Published 19 Jan, 2008 12:00am
Bulls remain in front seat on ISE

Bulls remain in front seat on ISE

The equities showed positive signs at the Islamabad Stock Exchange where bulls remained in the front seat amid increase in index. ISE-10 Index was up by 60.22 points, as the ISE index moved from 2,853.93 to 2, 914.15 points.
Published 19 Jan, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (January 18, 2008).

Published 19 Jan, 2008 12:00am
EADS seeks partner for light planes unit

EADS seeks partner for light planes unit

The head of aerospace group EADS reassured workers on its smallest assembly line their factory was not about to be sold but called for new partners as he inaugurated a new light plane on Thursday.
Published 19 Jan, 2008 12:00am
Citi auctions Nikko merchant banking arms

Citi auctions Nikko merchant banking arms

Citigroup Inc has put the merchant banking arms of its Japanese unit in London and Australia up for sale and has already received initial bids, sources familiar with the situation said on Friday.
Published 19 Jan, 2008 12:00am
BAE to buy Australian defence firm

BAE to buy Australian defence firm

British defence group BAE Systems said Friday it had agreed to buy Australian defence contractor Tenix for up to 356 million pounds (478 million euros, 698 million US dollars). The deal, worth 775 million Australian dollars, will make BAE the largest supp
Published 19 Jan, 2008 12:00am
Al Qaeda-linked group behind Peshawar mosque blast: officials

Al Qaeda-linked group behind Peshawar mosque blast: officials

Security officials said on Friday they believed militants from a extremist group linked to al Qaeda were behind a suicide attack on a mosque that killed 10 people. The use of a gun and then a suicide blast in Thursday's attack in Peshawar is the signature
Published 19 Jan, 2008 12:00am
Two militants escape from Quetta jail

Two militants escape from Quetta jail

Two militants, one of them on death row for killing dozens of Shia, have escaped from a high-security prison, police said on Friday. The escape of the two on Thursday night came as security forces were on high alert.
Published 19 Jan, 2008 12:00am
Two militants escape from Quetta jail

Two militants escape from Quetta jail

Two militants, one of them on death row for killing dozens of Shia, have escaped from a high-security prison, police said on Friday. The escape of the two on Thursday night came as security forces were on high alert.
Published 19 Jan, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Jan, 2008 12:00am
Two women among six outlaws arrested

Two women among six outlaws arrested

Police on Friday busted a gang of notorious outlaws involved in kidnapping for ransom, drug smuggling and looting vehicles and got released two hostages from their captivity.
Published 19 Jan, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (January 18, 2008).

Published 19 Jan, 2008 12:00am
Rs 28,000 looted from Edhi Control Room

Rs 28,000 looted from Edhi Control Room

Two unidentified armed-men looted more than Rs 28,000 from the Edhi Control Room here on Friday. The robbery was occurred in the early hours on Friday at about 6:45 am.
Published 19 Jan, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 19 Jan, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jan, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jan, 2008 12:00am
Oil exploration companies: foolproof security plan being finalised

Oil exploration companies: foolproof security plan being finalised

A security plan is being chalked out for foreign and local oil drilling and exploration companies in the country. According to official sources, Petroleum Ministry in collaboration with Interior Ministry has been working on a foolproof security plan for o
Published 19 Jan, 2008 12:00am
Oil exploration companies: foolproof security plan being finalised

Oil exploration companies: foolproof security plan being finalised

A security plan is being chalked out for foreign and local oil drilling and exploration companies in the country. According to official sources, Petroleum Ministry in collaboration with Interior Ministry has been working on a foolproof security plan for o
Published 19 Jan, 2008 12:00am
Oil exploration companies: foolproof security plan being finalised

Oil exploration companies: foolproof security plan being finalised

A security plan is being chalked out for foreign and local oil drilling and exploration companies in the country. According to official sources, Petroleum Ministry in collaboration with Interior Ministry has been working on a foolproof security plan for o
Published 19 Jan, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (January 18, 2008).

Published 19 Jan, 2008 12:00am
THE RUPEE: all round gains

THE RUPEE: all round gains

All-round gains were seen on local currency market on Friday as dollars' supply was strong, helping the rupee to recover some ground against major currencies, dealers said. In the interbank market, the rupee gained five paisa versus dollar for buying at 6
Published 19 Jan, 2008 12:00am
THE RUPEE: all round gains

THE RUPEE: all round gains

All-round gains were seen on local currency market on Friday as dollars' supply was strong, helping the rupee to recover some ground against major currencies, dealers said. In the interbank market, the rupee gained five paisa versus dollar for buying at 6
Published 19 Jan, 2008 12:00am
Musharraf to face tough questions in Europe

Musharraf to face tough questions in Europe

President Pervez Musharraf heads off on a four-country trip to Europe this weekend where he is expected to face tough questions over his rule while shoring up international support.
Published 19 Jan, 2008 12:00am
Iranian CG stress need for enchanced economic ties

Iranian CG stress need for enchanced economic ties

Iranian Consul General Saeid Kharazi has said Pakistan and Iran should enhance their economic cooperation since he believes the current two-way trade volume has so far failed to tap the huge potentials between Pakistan and Iran.
Published 19 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 18, 2008).

Published 19 Jan, 2008 12:00am
Pak-Afghan road link restored

Pak-Afghan road link restored

The traffic on the international highway connecting Pakistan with Afghanistan was reopened on Friday after a suspension of more than 40 hours due to heavy snowfall on Kozhak Top.
Published 19 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 18, 2008).

Published 19 Jan, 2008 12:00am
Imran flays Musharraf's foreign policies

Imran flays Musharraf's foreign policies

Chairman of Pakistan Tehrik-e-Insaf, Imran Khan on Friday said that if any political party tried to save the sinking boat of President Musharraf it would be tantamount to a suicide attack on opposition.
Published 19 Jan, 2008 12:00am
ISO stages demonstration against Peshawar blast

ISO stages demonstration against Peshawar blast

The mourners on Friday held a protest demonstration after the funeral prayers of three of the people who were killed in a suicide bomb attack on a city Imam Bargah on Thursday. At least, ten people were killed and 25 others were injured by the suicide att
Published 19 Jan, 2008 12:00am
'Poll boycott campaign' after Ashura: APDM

'Poll boycott campaign' after Ashura: APDM

The All Pakistan Democratic Movement (APDM) has announced that it will fully initiate a campaign for boycotting the February 18 elections after Ashura and would convince the people not to cast their vote.
Published 19 Jan, 2008 12:00am
PTA to acquire technical facility in telecom sector

PTA to acquire technical facility in telecom sector

Pakistan Telecommunication Authority (PTA) has singed a contract to get in place a technical facility to root out grey traffic in telecom sector, causing losses of billions to the economy, said its Chairman Shahzada Alam here on Friday.
Published 19 Jan, 2008 12:00am
Lawyers' to celebrate 'Iftikhar Day' on January 31

Lawyers' to celebrate 'Iftikhar Day' on January 31

Lawyers' community on Friday staged a demonstration and organised a rally under the leadership of District Bar President Najaf Ali Chava and General Secretary Mushtaq Adil. Participants shouted slogans against the Government for keeping deposed chief just
Published 19 Jan, 2008 12:00am
Naval chief leaves for Bangladesh and Australia

Naval chief leaves for Bangladesh and Australia

Chief of the Naval Staff, Admiral Muhammad Afzal Tahir, departed on an official visit to Bangladesh and Australia. This was stated in a press release of the ISPR (Navy) issued on Friday.
Published 19 Jan, 2008 12:00am
HP expands entry-level server portfolio for midsize companies

HP expands entry-level server portfolio for midsize companies

HP has announced new economical servers, application solution "blueprints" and enhanced remote management software helping midsize companies reduce operating costs while supporting their growth. The company's entry-level server portfolio now includes four
Published 19 Jan, 2008 12:00am
Crisis management cell set up in Peshawar

Crisis management cell set up in Peshawar

On the special directives of the Chief Executive Pesco Brigadier Sakhi Marjan a crisis management cell has been established here at Wapda House with the special target to deal with any emergency during Muharram.
Published 19 Jan, 2008 12:00am
Army to assist civil administration in Multan

Army to assist civil administration in Multan

Army was called out in Multan, Dera Ghazi Khan, Muzaffargarh, Khanewal and Okara on Friday for the assistance of civil administration, police and other law enforcing agencies and a Quick-action Force (QAF) of army would be able to take any action in case
Published 19 Jan, 2008 12:00am
Peshawar blast condemned

Peshawar blast condemned

Pakistan Tahreek-e-Insaf leaders have condemned the Peshawar bombing and told his party workers to donate blood. A party spokesman said on Friday that party Chairman Imran Khan, President Ahsan Rahid and other senior leaders grieved with the victims' fami
Published 19 Jan, 2008 12:00am
Sitara Chemical launches SAP system

Sitara Chemical launches SAP system

Sitara Chemical Industries Limited (SCIL) in collaboration with Abacus Consulting launched the introduction of world's modern IT based system SAP. The ceremony was widely attended by the selected Directors and Senior Management Cadre of Sitara Group and a
Published 19 Jan, 2008 12:00am
Lesco installs generators at Imambargahs

Lesco installs generators at Imambargahs

Lahore Electric Supply Company (Lesco) has installed additional generators and mobile transformers at Nisar Haveli and Karbala Gamay Shah for uninterrupted power supply at Majalis and processions on the 9th and 10th Muharram.
Published 19 Jan, 2008 12:00am
Zardari calls for duty-free import of alternate fuel vehicles

Zardari calls for duty-free import of alternate fuel vehicles

Asaf Ali Zardari on Friday demanded that vehicles should be run on alternate fuels like ethanol. The PPP co-chairman made the demand while talking to a delegation of industrialists and businessmen who went to see him to offer their condolences on his rece
Published 19 Jan, 2008 12:00am