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Print - 2008-03-23
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 Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
PA sessions summoned

PA sessions summoned

All provincial assemblies sessions have been convened in the beginning of the month of April. Punjab Governor Lieutenant General Khalid Maqbool (Retd) has summoned the session of Punjab Assembly on April 9. It was stated by a spokesman of the Governor Hou
Published 23 Mar, 2008 12:00am
PA sessions summoned

PA sessions summoned

All provincial assemblies sessions have been convened in the beginning of the month of April. Punjab Governor Lieutenant General Khalid Maqbool (Retd) has summoned the session of Punjab Assembly on April 9. It was stated by a spokesman of the Governor Hou
Published 23 Mar, 2008 12:00am
Ordinance promulgated

Ordinance promulgated

Sindh Governor, Dr Ishrat-ul-Ibad Khan Saturday promulgated the "Sindh Government Servants Benevolent Fund (Amendment) Ordinance-2008.
Published 23 Mar, 2008 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
Ordinance promulgated

Ordinance promulgated

Sindh Governor, Dr Ishrat-ul-Ibad Khan Saturday promulgated the "Sindh Government Servants Benevolent Fund (Amendment) Ordinance-2008.
Published 23 Mar, 2008 12:00am
MQM working for strengthening democracy: Altaf

MQM working for strengthening democracy: Altaf

Muttahida Quami Movement (MQM) leader Altaf Hussain said on Friday the decision to withdraw the candidature of Dr Farooq Sattar from the post of prime minister was based on party's conviction in strengthening democracy and national reconciliation.
Published 23 Mar, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
Opposition suffers major setback as MQM says 'goodbye'

Opposition suffers major setback as MQM says 'goodbye'

The United Opposition Saturday suffered a major setback when Mutahidda Qaumi Movement (MQM) formally parted ways with the PML-Q by announcing withdrawal of its candidate for premiership in favour of PPPP. The announcement came after a formal meeting of a
Published 23 Mar, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
Opposition suffers major setback as MQM says 'goodbye'

Opposition suffers major setback as MQM says 'goodbye'

The United Opposition Saturday suffered a major setback when Mutahidda Qaumi Movement (MQM) formally parted ways with the PML-Q by announcing withdrawal of its candidate for premiership in favour of PPPP. The announcement came after a formal meeting of a
Published 23 Mar, 2008 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
Holiday notice

Holiday notice

The offices of Business Recorder will remain closed today Sunday (March 23) on account of Pakistan Day. Arrangements have, however, been made to bring out the paper and Internet Edition tomorrow Monday (March 24), as usual.
Published 23 Mar, 2008 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
KPT's new dredger inoperative due to 'big fault'

KPT's new dredger inoperative due to 'big fault'

The Trailer Suction Hopper Dredger (TSHD), named 'Abul', which has been recently procured by the Karachi Port Trust (KPT) for 50.73 million euros from Netherlands, is standing unused due to a 'big' technical fault. It was inducted in the KPT fleet on Nove
Published 23 Mar, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday March 24, 2008.
Published 23 Mar, 2008 12:00am
KPT's new dredger inoperative due to 'big fault'

KPT's new dredger inoperative due to 'big fault'

The Trailer Suction Hopper Dredger (TSHD), named 'Abul', which has been recently procured by the Karachi Port Trust (KPT) for 50.73 million euros from Netherlands, is standing unused due to a 'big' technical fault. It was inducted in the KPT fleet on Nove
Published 23 Mar, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday March 24, 2008.
Published 23 Mar, 2008 12:00am
KPT''s new dredger inoperative due to ''big fault''

KPT''s new dredger inoperative due to ''big fault''

The Trailer Suction Hopper Dredger (TSHD), named ''Abul'', which has been recently procured by the Karachi Port Trust (KPT) for 50.73 million euros from Netherlands, is standing unused due to a ''big'' technical fault. It was inducted in the KPT fleet on
Published 23 Mar, 2008 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday March 24, 2008.
Published 23 Mar, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (March 24, 2008).
Published 23 Mar, 2008 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning from Monday (March 24, 2008).
Published 23 Mar, 2008 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
World Water Day: Pakistan may face dry spell in 2009

World Water Day: Pakistan may face dry spell in 2009

By 2012 with 1200 cubic meters per capita water availability, Pakistan will face its acute shortage with an obvious impact on the availability of food for large population. Experts are of the view that if the water shortage would continue with the same pa
Published 23 Mar, 2008 12:00am
THE RUPEE: dollar marginally up

THE RUPEE: dollar marginally up

The rupee-dollar official parity rates moved up on the interbank market at the weekend as the rupee shed four paisa against the dollar for buying and selling at 62.84 and 62.86, dealers said. They said that despite the higher demand for dollars by the imp
Published 23 Mar, 2008 12:00am
World Water Day: Pakistan may face dry spell in 2009

World Water Day: Pakistan may face dry spell in 2009

By 2012 with 1200 cubic meters per capita water availability, Pakistan will face its acute shortage with an obvious impact on the availability of food for large population. Experts are of the view that if the water shortage would continue with the same pa
Published 23 Mar, 2008 12:00am
THE RUPEE: dollar marginally up

THE RUPEE: dollar marginally up

The rupee-dollar official parity rates moved up on the interbank market at the weekend as the rupee shed four paisa against the dollar for buying and selling at 62.84 and 62.86, dealers said. They said that despite the higher demand for dollars by the imp
Published 23 Mar, 2008 12:00am
Pakistan Day today

Pakistan Day today

The nation will be celebrating Pakistan Day on Sunday with a pledge to make the country a strong, progressive and prosperous Islamic welfare state. The day will dawn with a 31-gun salute in the Federal capital and 21-gun salute in provincial capitals. Aft
Published 23 Mar, 2008 12:00am
Pakistan Day today

Pakistan Day today

The nation will be celebrating Pakistan Day on Sunday with a pledge to make the country a strong, progressive and prosperous Islamic welfare state. The day will dawn with a 31-gun salute in the Federal capital and 21-gun salute in provincial capitals. Aft
Published 23 Mar, 2008 12:00am
PPP names Gillani as Prime Minister candidate

PPP names Gillani as Prime Minister candidate

Slain former Pakistani premier Benazir Bhutto's party Saturday named ex-parliamentary speaker Yousuf Raza Gillani as its candidate to be the troubled country's new prime minister. Bhutto loyalist Gillani was chosen more than a month after the Pakistan Peo
Published 23 Mar, 2008 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
PPP names Gillani as Prime Minister candidate

PPP names Gillani as Prime Minister candidate

Slain former Pakistani premier Benazir Bhutto's party Saturday named ex-parliamentary speaker Yousuf Raza Gillani as its candidate to be the troubled country's new prime minister. Bhutto loyalist Gillani was chosen more than a month after the Pakistan Peo
Published 23 Mar, 2008 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
'Pakistan committed to achieve MDGs by 2015'

'Pakistan committed to achieve MDGs by 2015'

President Pervez Musharraf on Saturday said Pakistan is committed to achieving the Millennium Development Goals (MDGs) by 2015 through a variety of interventions.
Published 23 Mar, 2008 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
'Pakistan committed to achieve MDGs by 2015'

'Pakistan committed to achieve MDGs by 2015'

President Pervez Musharraf on Saturday said Pakistan is committed to achieving the Millennium Development Goals (MDGs) by 2015 through a variety of interventions.
Published 23 Mar, 2008 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
''Pakistan committed to achieve MDGs by 2015''

''Pakistan committed to achieve MDGs by 2015''

President Pervez Musharraf on Saturday said Pakistan is committed to achieving the Millennium Development Goals (MDGs) by 2015 through a variety of interventions.
Published 23 Mar, 2008 12:00am
Tax officials unhappy over delay in four projects implementation

Tax officials unhappy over delay in four projects implementation

Tax authorities have expressed displeasure over delay in the smooth implementation of four major projects including allocation of unique identification numbers to sales and income taxpayers; Integrated Tax Management System (ITMS); error-free e-filing; an
Published 23 Mar, 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 Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
Tax officials unhappy over delay in four projects implementation

Tax officials unhappy over delay in four projects implementation

Tax authorities have expressed displeasure over delay in the smooth implementation of four major projects including allocation of unique identification numbers to sales and income taxpayers; Integrated Tax Management System (ITMS); error-free e-filing; an
Published 23 Mar, 2008 12:00am
Tax officials unhappy over delay in four projects implementation

Tax officials unhappy over delay in four projects implementation

Tax authorities have expressed displeasure over delay in the smooth implementation of four major projects including allocation of unique identification numbers to sales and income taxpayers; Integrated Tax Management System (ITMS); error-free e-filing; an
Published 23 Mar, 2008 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
Five steel products prices raised by Rs 2,000-7,000 per ton

Five steel products prices raised by Rs 2,000-7,000 per ton

Pakistan Steel (PS) has raised the prices of five steel products, including billet, pig iron and galvanised iron by up to Rs 7,000 per ton "to rationalise" the prices in the line with international market. The PS on Saturday suddenly stopped sale of its p
Published 23 Mar, 2008 12:00am
Five steel products prices raised by Rs 2,000-7,000 per ton

Five steel products prices raised by Rs 2,000-7,000 per ton

Pakistan Steel (PS) has raised the prices of five steel products, including billet, pig iron and galvanised iron by up to Rs 7,000 per ton "to rationalise" the prices in the line with international market. The PS on Saturday suddenly stopped sale of its p
Published 23 Mar, 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 Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
Five steel products prices raised by Rs 2,000-7,000 per ton

Five steel products prices raised by Rs 2,000-7,000 per ton

Pakistan Steel (PS) has raised the prices of five steel products, including billet, pig iron and galvanised iron by up to Rs 7,000 per ton "to rationalise" the prices in the line with international market. The PS on Saturday suddenly stopped sale of its p
Published 23 Mar, 2008 12:00am
KCCI wants abolition of CED on import of raw materials

KCCI wants abolition of CED on import of raw materials

The Karachi Chamber of Commerce and Industry (KCCI) has suggested that Central Excise Duty (CED) on import of raw materials and affected local industries, manufacturing beverages, transformer oil, shampoos, creams, powders, cosmetics and toiletries etc, s
Published 23 Mar, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 22, 2008).
Published 23 Mar, 2008 12:00am
KCCI wants abolition of CED on import of raw materials

KCCI wants abolition of CED on import of raw materials

The Karachi Chamber of Commerce and Industry (KCCI) has suggested that Central Excise Duty (CED) on import of raw materials and affected local industries, manufacturing beverages, transformer oil, shampoos, creams, powders, cosmetics and toiletries etc, s
Published 23 Mar, 2008 12:00am
KCCI wants abolition of CED on import of raw materials

KCCI wants abolition of CED on import of raw materials

The Karachi Chamber of Commerce and Industry (KCCI) has suggested that Central Excise Duty (CED) on import of raw materials and affected local industries, manufacturing beverages, transformer oil, shampoos, creams, powders, cosmetics and toiletries etc, s
Published 23 Mar, 2008 12:00am
Cotton output down due to low produce in Punjab

Cotton output down due to low produce in Punjab

Cotton production has gone down by 11 percent this year, further threatening the already fragile textile industry that is unable to bear the burden of rapidly falling exports. Sources told Business Recorder that cotton production has reduced by 11
Published 23 Mar, 2008 12:00am
Cotton output down due to low produce in Punjab

Cotton output down due to low produce in Punjab

Cotton production has gone down by 11 percent this year, further threatening the already fragile textile industry that is unable to bear the burden of rapidly falling exports. Sources told Business Recorder that cotton production has reduced by 11
Published 23 Mar, 2008 12:00am
LHC constitutes benches for next week

LHC constitutes benches for next week

Lahore High Court (LHC) has constituted nine divisions and 19 single benches for next week which would hear cases from March 24 here at principal seat.
Published 23 Mar, 2008 12:00am
Kidnapper killed in police encounter

Kidnapper killed in police encounter

Police have killed a kidnapper during an encounter in Shahdara limits in the wee hours of Saturday while his accomplice managed to fox, police sources said. The alleged culprits abducted a 10 years old boy Bilal, demanded Rs 2 million as ransom money.
Published 23 Mar, 2008 12:00am
Italy builds college, three schools in Bagh district

Italy builds college, three schools in Bagh district

Erra's Deputy Chairman Lieutenant General Nadeem Ahmed and Ambassador of Italy Vincenzo Prati on Saturday presented a newly built College block, three schools and 29 water supply Schemes to the residents of Bagh district, Azad Kashmir. These institutions
Published 23 Mar, 2008 12:00am
Call to initiate collective efforts for water conservation

Call to initiate collective efforts for water conservation

Human rights and civil society activists have called for initiating collective efforts for water conservation. They were addressing at a seminar on "Engaging Women, Youth and children", which was organised by Hissar Foundation in connection with World Wat
Published 23 Mar, 2008 12:00am
Security at airports being streamlined

Security at airports being streamlined

Following the escape of a large number of deportees from the Jinnah International Airport (JIA) last week, the security system at all airports in the country is being streamlined to avoid recurrence of such incidents in future.
Published 23 Mar, 2008 12:00am
Atlas, Teradata to implement MCC

Atlas, Teradata to implement MCC

The Atlas Bank today has announced its decision to procure and implement a state-of-the-art Multi-channel Contact Centre (MCC) solution, the first in the financial sector of the country.
Published 23 Mar, 2008 12:00am
Ufone launches roaming in Lebanon

Ufone launches roaming in Lebanon

Ufone has added 'MTC LEBANON' to its GPRS roaming partner network to facilitate its corporate customers. The addition has amplified its number of RP (roaming partner) to 105 operators in 76 destinations.
Published 23 Mar, 2008 12:00am
'Nation steps into new phase of socio-economic development'

'Nation steps into new phase of socio-economic development'

The NWFP Governor Owais Ahmed Ghani has said that the nation has stepped into a new phase of its journey towards socio-economic development and consolidation of democracy and this historic day provides us an opportunity to re-affirm our commitment that we
Published 23 Mar, 2008 12:00am
Mango growers demand waiver of agriculture tax

Mango growers demand waiver of agriculture tax

The President of Mango Growers Association Pakistan Syed Zahid Hussain Gardezi has said "we need to provide identical opportunities and facilities to small, medium and large mango growers to enable this sector to become really profitable for the growers".
Published 23 Mar, 2008 12:00am
SAU observes World Water Day 2008

SAU observes World Water Day 2008

The Sindh Agriculture University (SAU), Tandojam observed the world water day 2008 by holding a moot in the Dr AM Sheikh Auditorium. The Vice Chancellor (VC), SAU Tandojam, Professor Dr Bashir Ahmed Sheikh presided over the event.
Published 23 Mar, 2008 12:00am
Sindh University syndicate members election on April 30

Sindh University syndicate members election on April 30

The Sindh University has announced on Saturday that election of four members each one from category of professor, associate professor, assistant professor and lecture among university teachers for Sindh University syndicate will be held on April, 30.
Published 23 Mar, 2008 12:00am
Khuhro for measures to tackle wheat crisis

Khuhro for measures to tackle wheat crisis

Pakistan Peoples Party (PPP) leader and Sindh Assembly Speaker-designate, Nisar Ahmed Khuhro has said that the wheat crisis has to be tacked on war-footing basis as some elements were attempting to further aggravate the present wheat crisis in the country
Published 23 Mar, 2008 12:00am
Six killed in Kohat jirga firing

Six killed in Kohat jirga firing

Six members of peace jirga were killed and scores of other injured when firing broke out between the peace brokers at Maira Asghar Mela, situated at the confluence of Kohat and Orakzai agency boundary, some 50 kilometers off Kohat on Saturday.
Published 23 Mar, 2008 12:00am
ITBA pre-budget seminar on March 24

ITBA pre-budget seminar on March 24

The Income Tax Bar Association (ITBA) will hold a Pre-Budget Seminar 2008 on Monday, March 24 at the Income Tax House.
Published 23 Mar, 2008 12:00am
Eid Milad-un-Nabi celebrated with religious fervour in Sialkot

Eid Milad-un-Nabi celebrated with religious fervour in Sialkot

Eid Milad-un-Nabi (PBUH) was celebrated with religious fervour and great enthusiasm in Sialkot district on Friday. The daylong programmes started with special prayers for unity, prosperity and solidarity of the country as well as for early liberation of I
Published 23 Mar, 2008 12:00am
Seminar on poverty alleviation on March 24

Seminar on poverty alleviation on March 24

A two-day seminar on "Poverty alleviation through employment generation" would be held here on Monday. The event is being organised by Pakistan Manpower Institute (PMI) to acquaint the participants with the concept of poverty, its growth in the country, i
Published 23 Mar, 2008 12:00am
Five including four students killed in three mishaps

Five including four students killed in three mishaps

Five persons including four students were killed, while more than two dozen injured in various road accidents. In first accident, Muhammad Naeem rickshaw driver was killed, while four passengers injured, when a bus collided with his rickshaw near Chak 190
Published 23 Mar, 2008 12:00am
Abbasi takes oath as acting Chief Justice

Abbasi takes oath as acting Chief Justice

Senior Judge of the Supreme Court (SC) Justice Muhammad Nawaz Abbasi on Saturday took oath as Acting Chief Justice of Pakistan here. SC Judge Justice Saiyed Saeed Ashhad administered the oath. Justice Muhammad Nawaz Abbasi will be Acting Chief Justice of
Published 23 Mar, 2008 12:00am
Water supply to eight industrial units stopped

Water supply to eight industrial units stopped

The Karachi Water and Sewerage Board (KWSB) disconnected water supply connection of eight more industrial units on Saturday. Out of these eight defaulter industrial units, three units are located at Korangi Industrial area, while the remaining five are of
Published 23 Mar, 2008 12:00am
Soomro felicitates Gillani

Soomro felicitates Gillani

Caretaker Prime Minister Mohammedmian Soomro on Saturday telephoned Syed Yousuf Raza Gillani and congratulated him on his nomination for the office of Prime Minister. Caretaker Prime Minister Mohammedmian Soomro hoped that the country will progress and de
Published 23 Mar, 2008 12:00am
Five Senate committees elect chairmen

Five Senate committees elect chairmen

Senate Standing Committees on Cabinet Secretariat, Social Welfare, States and Frontier Regions, Industries and Productions and Health and Local Government elected their heads at separate meetings held at the Parliament House Saturday.
Published 23 Mar, 2008 12:00am
Chairman Erra resigns

Chairman Erra resigns

Chairman Earthquake Reconstruction and Rehabilitation (Erra) and NAVTEC, Altaf Saleem has resigned from his office, a statement issued by Prime Minister Secretariat said. He submitted his resignation to the Caretaker Prime Minister, which was accepted, th
Published 23 Mar, 2008 12:00am
Quran Khawani for Imran's father held

Quran Khawani for Imran's father held

Quran Khawani for deceased father of Imran Khan, Ikranullah Niazi, was held here on Saturday. After the Quran Khawani, Amir Jamaat-i-Islami (JI) Qazi Hussian Ahmed offered dua for the departed soul.
Published 23 Mar, 2008 12:00am