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Print - 2008-04-01
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 31, 2008).
Published 01 Apr, 2008 12:00am
South Asian Tax Summit from April 15

South Asian Tax Summit from April 15

The Income Tax Bar Association Karachi (ITBAK) will organise a two-day 'South Asian Tax Summit 2008' in collaboration with the Nutshell Forum on April 15 and 16, 2008, says a press release. The theme of the summit would be 'The Regional Co-operation for E
Published 01 Apr, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 31, 2008).
Published 01 Apr, 2008 12:00am
Bank AL Habib holds annual general meeting

Bank AL Habib holds annual general meeting

The Annual General Meeting of Bank AL Habib was held at its registered office in Multan on March 27, 2008, says a press release. The shareholders approved the Annual Accounts and Consolidated Accounts of the Bank for the year ended December 31, 2007. They
Published 01 Apr, 2008 12:00am
Agriculture termed back bone of country

Agriculture termed back bone of country

Agricultural Department of Baden has organised 3-day exhibition in Gymkhana Baden, which was inaugurated by DCO Baden Muhammed Sadiq. In the exhibition various stalls of multinational, national companies' vegetables and agricultural products were presente
Published 01 Apr, 2008 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee-dollar parity rates moved both ways in the currency market on Monday, dealers said. In the interbank dealings, the rupee rose by 12 paisa against dollar for buying at 62.68 and by 10 paisa for selling at 62.72, they said.
Published 01 Apr, 2008 12:00am
THE RUPEE: mixed trend

THE RUPEE: mixed trend

The rupee-dollar parity rates moved both ways in the currency market on Monday, dealers said. In the interbank dealings, the rupee rose by 12 paisa against dollar for buying at 62.68 and by 10 paisa for selling at 62.72, they said.
Published 01 Apr, 2008 12:00am
Chief of Air Staff calls on Prime Minister

Chief of Air Staff calls on Prime Minister

Prime Minister Syed Yousuf Raza Gilani re-emphasised that Pakistan is a peace loving country and believes in peaceful co-existence. Pakistan defence doctrine, he added, is based on maintaining minimum credible deterrence to safeguard sovereignty and terri
Published 01 Apr, 2008 12:00am
Nato chief hopes for strong ties with new government

Nato chief hopes for strong ties with new government

Nato Secretary General, Jaap de Hoop Scheffer, congratulated Pakistan's new prime minister after the government sworn in on Monday and said he hoped to deepen co-operation with Pakistan on Afghanistan.
Published 01 Apr, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (March 31, 2008).
Published 01 Apr, 2008 12:00am
Nato chief hopes for strong ties with new government

Nato chief hopes for strong ties with new government

Nato Secretary General, Jaap de Hoop Scheffer, congratulated Pakistan's new prime minister after the government sworn in on Monday and said he hoped to deepen co-operation with Pakistan on Afghanistan.
Published 01 Apr, 2008 12:00am
Pir Mazhar acquitted in NAB references

Pir Mazhar acquitted in NAB references

The National Accountability Court on Monday acquitted former provincial minister and leader of the house in Sindh assembly, Pir Mazhar-ul-Haq in two separate NAB references regarding plots.
Published 01 Apr, 2008 12:00am
Pir Mazhar acquitted in NAB references

Pir Mazhar acquitted in NAB references

The National Accountability Court on Monday acquitted former provincial minister and leader of the house in Sindh assembly, Pir Mazhar-ul-Haq in two separate NAB references regarding plots.
Published 01 Apr, 2008 12:00am
'Chief Justice's reinstatement a constitutional issue'

'Chief Justice's reinstatement a constitutional issue'

President Pervez Musharraf has taken reinstatement of Chief Justice Iftikhar Muhammad Chaudhry as a matter of his ego rather than considering it a Constitutional issue, said Chaudhry Aitzaz Ahsan, president, Supreme Court Bar Association (SCBA) here on Mo
Published 01 Apr, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 01 Apr, 2008 12:00am
Saudi Arabia to have first NBP branch in May

Saudi Arabia to have first NBP branch in May

The National Bank of Pakistan (NBP) will open its first branch in Saudi Arabia in May. This was stated by NBP President Syed Ali Raza, while talking to newsmen after the annual general meeting (AGM) of the bank here on Monday.
Published 01 Apr, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.
Published 01 Apr, 2008 12:00am
Saudi Arabia to have first NBP branch in May

Saudi Arabia to have first NBP branch in May

The National Bank of Pakistan (NBP) will open its first branch in Saudi Arabia in May. This was stated by NBP President Syed Ali Raza, while talking to newsmen after the annual general meeting (AGM) of the bank here on Monday.
Published 01 Apr, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (March 31, 2008).
Published 01 Apr, 2008 12:00am
Saudi Arabia to have first NBP branch in May

Saudi Arabia to have first NBP branch in May

The National Bank of Pakistan (NBP) will open its first branch in Saudi Arabia in May. This was stated by NBP President Syed Ali Raza, while talking to newsmen after the annual general meeting (AGM) of the bank here on Monday.
Published 01 Apr, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 01 Apr, 2008 12:00am
Khaqan for continuity of investor-friendly policies

Khaqan for continuity of investor-friendly policies

Commerce Minister Shahid Khaqan Abbasi said on Monday that the new government would not disturb investors and would ensure continuity of economic policies. "We will review economic policies but there will be no massive change which could disturb investors
Published 01 Apr, 2008 12:00am
Hoti elected leader of house in NWFP

Hoti elected leader of house in NWFP

The NWFP Assembly on Monday created history when it elected its leader of the house unopposed. Amir Haider Khan Hoti was the joint candidate of the coalition partners, comprising Awami National Party (ANP), Pakistan Peoples Arty (PPP) and Pakistan Muslim
Published 01 Apr, 2008 12:00am
Hoti elected leader of house in NWFP

Hoti elected leader of house in NWFP

The NWFP Assembly on Monday created history when it elected its leader of the house unopposed. Amir Haider Khan Hoti was the joint candidate of the coalition partners, comprising Awami National Party (ANP), Pakistan Peoples Arty (PPP) and Pakistan Muslim
Published 01 Apr, 2008 12:00am
525 megawatts power plant signing ceremony today

525 megawatts power plant signing ceremony today

The signing ceremony of 525MW thermal power plant at Chichoki Mallian has been postponed till Tuesday (today) when the new Cabinet will hold its first meting, to be chaired by Prime Minister Yousuf Raza Gilani, sources in the PPIB told Business Recorde
Published 01 Apr, 2008 12:00am
525 megawatts power plant signing ceremony today

525 megawatts power plant signing ceremony today

The signing ceremony of 525MW thermal power plant at Chichoki Mallian has been postponed till Tuesday (today) when the new Cabinet will hold its first meting, to be chaired by Prime Minister Yousuf Raza Gilani, sources in the PPIB told Business Recorde
Published 01 Apr, 2008 12:00am
525 megawatts power plant signing ceremony today

525 megawatts power plant signing ceremony today

The signing ceremony of 525MW thermal power plant at Chichoki Mallian has been postponed till Tuesday (today) when the new Cabinet will hold its first meting, to be chaired by Prime Minister Yousuf Raza Gilani, sources in the PPIB told Business Recorde
Published 01 Apr, 2008 12:00am
SECP suspends NLRL shares trading on bourses

SECP suspends NLRL shares trading on bourses

The Securities and Exchange Commission of Pakistan (SECP) has declared Natover Lease and Refinance Limited (NLRL) as a sick non-banking finance company and suspended its shares trading on stock exchanges.
Published 01 Apr, 2008 12:00am
SECP suspends NLRL shares trading on bourses

SECP suspends NLRL shares trading on bourses

The Securities and Exchange Commission of Pakistan (SECP) has declared Natover Lease and Refinance Limited (NLRL) as a sick non-banking finance company and suspended its shares trading on stock exchanges.
Published 01 Apr, 2008 12:00am
SECP suspends NLRL shares trading on bourses

SECP suspends NLRL shares trading on bourses

The Securities and Exchange Commission of Pakistan (SECP) has declared Natover Lease and Refinance Limited (NLRL) as a sick non-banking finance company and suspended its shares trading on stock exchanges.
Published 01 Apr, 2008 12:00am
SBP issues licence to Khushhali Bank Limited

SBP issues licence to Khushhali Bank Limited

The State Bank of Pakistan has issued a licence to Khushhali Bank Ltd (KBL) under Micro Finance Institutions Ordinance, 2001 which will be effective from April 01. The fresh licence is issued after the cancellation of the licence of Khushhali Bank with ef
Published 01 Apr, 2008 12:00am
SBP issues licence to Khushhali Bank Limited

SBP issues licence to Khushhali Bank Limited

The State Bank of Pakistan has issued a licence to Khushhali Bank Ltd (KBL) under Micro Finance Institutions Ordinance, 2001 which will be effective from April 01. The fresh licence is issued after the cancellation of the licence of Khushhali Bank with ef
Published 01 Apr, 2008 12:00am
SBP issues licence to Khushhali Bank Limited

SBP issues licence to Khushhali Bank Limited

The State Bank of Pakistan has issued a licence to Khushhali Bank Ltd (KBL) under Micro Finance Institutions Ordinance, 2001 which will be effective from April 01. The fresh licence is issued after the cancellation of the licence of Khushhali Bank with ef
Published 01 Apr, 2008 12:00am
Australia's Woodside, partners approve $4.6 billion gas project

Australia's Woodside, partners approve $4.6 billion gas project

Australia's Woodside Petroleum said Monday participants in the North-West Shelf venture had approved a 5.0 billion dollar (4.6 billion US) investment to extend the life of the gas operation. The project will recover the remaining low-pressure gas from the
Published 01 Apr, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (March 31, 2008).
Published 01 Apr, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (March 31, 2008).
Published 01 Apr, 2008 12:00am
ISE index drops 27.24 points

ISE index drops 27.24 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs amid decrease in index. ISE-10 Index was down by 27.24 points, as it moved from 3,232.26 to 3,205.02 points. The volume of trade stood at 1,458,300
Published 01 Apr, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (March 31, 2008).
Published 01 Apr, 2008 12:00am
ISE index drops 27.24 points

ISE index drops 27.24 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs amid decrease in index. ISE-10 Index was down by 27.24 points, as it moved from 3,232.26 to 3,205.02 points. The volume of trade stood at 1,458,300
Published 01 Apr, 2008 12:00am
LSE index loses 54.29 points

LSE index loses 54.29 points

The news hinting that the National Assembly may re-institute a probe into the March 2005 stocks crisis and the American Central Intelligence Agency (CIA) chief's warning of danger at the Pak-Afghan border has trigged panic selling in share market on Monda
Published 01 Apr, 2008 12:00am
LSE index loses 54.29 points

LSE index loses 54.29 points

The news hinting that the National Assembly may re-institute a probe into the March 2005 stocks crisis and the American Central Intelligence Agency (CIA) chief's warning of danger at the Pak-Afghan border has trigged panic selling in share market on Monda
Published 01 Apr, 2008 12:00am
Poor textile sector output main cause of low exports

Poor textile sector output main cause of low exports

The State Bank of Pakistan (SBP) said on Monday that poor performance of the textile sector was mainly a reflection of sharp slowdown in its exports. In its second quarterly report, the SBP said that the country''''s overall exports went up by 7.9 percent
Published 01 Apr, 2008 12:00am
Poor textile sector output main cause of low exports

Poor textile sector output main cause of low exports

The State Bank of Pakistan (SBP) said on Monday that poor performance of the textile sector was mainly a reflection of sharp slowdown in its exports. In its second quarterly report, the SBP said that the country''s overall exports went up by 7.9 percent t
Published 01 Apr, 2008 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (March 31, 2008).
Published 01 Apr, 2008 12:00am
Poor textile sector output main cause of low exports

Poor textile sector output main cause of low exports

The State Bank of Pakistan (SBP) said on Monday that poor performance of the textile sector was mainly a reflection of sharp slowdown in its exports. In its second quarterly report, the SBP said that the country's overall exports went up by 7.9 percent to
Published 01 Apr, 2008 12:00am
Poor textile sector output main cause of low exports

Poor textile sector output main cause of low exports

The State Bank of Pakistan (SBP) said on Monday that poor performance of the textile sector was mainly a reflection of sharp slowdown in its exports. In its second quarterly report, the SBP said that the country's overall exports went up by 7.9 percent to
Published 01 Apr, 2008 12:00am
Remuneration rate

Remuneration rate

The State Bank of Pakistan (SBP) has announced that the rate of remuneration on 20 percent special cash reserve account (SCRA) for dollars maintained by banks and non-bank financial institutions for April 2008 will be 1.70 percent per annum.
Published 01 Apr, 2008 12:00am
Rupee down 3.5 percent versus dollar in eight months

Rupee down 3.5 percent versus dollar in eight months

The rupee has depreciated by some 3.5 percent during first eight months of current fiscal year in the wake of deteriorating economic and political environment. The State Bank said that the rupee suffered significant losses against dollar during the curren
Published 01 Apr, 2008 12:00am
Rupee down 3.5 percent versus dollar in eight months

Rupee down 3.5 percent versus dollar in eight months

The rupee has depreciated by some 3.5 percent during first eight months of current fiscal year in the wake of deteriorating economic and political environment. The State Bank said that the rupee suffered significant losses against dollar during the curren
Published 01 Apr, 2008 12:00am
Rupee down 3.5 percent versus dollar in eight months

Rupee down 3.5 percent versus dollar in eight months

The rupee has depreciated by some 3.5 percent during first eight months of current fiscal year in the wake of deteriorating economic and political environment. The State Bank said that the rupee suffered significant losses against dollar during the curren
Published 01 Apr, 2008 12:00am
Rupee down 3.5 percent versus dollar in eight months

Rupee down 3.5 percent versus dollar in eight months

The rupee has depreciated by some 3.5 percent during first eight months of current fiscal year in the wake of deteriorating economic and political environment. The State Bank said that the rupee suffered significant losses against dollar during the curren
Published 01 Apr, 2008 12:00am
BRIndex30 sheds 173.54 points

BRIndex30 sheds 173.54 points

On Monday, the BRIndex30 opened in the red zone, at 16,726.12, with a downward gap of 22.31 points, and remained there for whole of the trading time. It closed at 16,574.89 with a net negative change of -173.54 points and percentage change of -1.04.
Published 01 Apr, 2008 12:00am