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Print - 2008-04-05
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (April 04, 2008).

Published 05 Apr, 2008 12:00am
Government urged to build dams

Government urged to build dams

People belonging to different walks of life have urged the government to construct new dams for overcoming the electricity crisis and averting threats of drought in the country.
Published 05 Apr, 2008 12:00am
Construction of dams only after consensus: Raja Pervaiz

Construction of dams only after consensus: Raja Pervaiz

Federal Minister for Water and Power Raja Pervaiz Ashraf said on Friday that no dam would be constructed without seeking public opinion and dam projects would be implemented after a consensus.
Published 05 Apr, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 04, 2008).

Published 05 Apr, 2008 12:00am
AIOU MBA, MPA programmes entry test today

AIOU MBA, MPA programmes entry test today

The entry test for admission in Commonwealth Executive MBA and MPA Programmes of Allama Iqbal Open University (AIOU) is scheduled to be held on April 5. According to University sources, the entry test for the said.
Published 05 Apr, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 04, 2008).

Published 05 Apr, 2008 12:00am
New security plan for schools prepared

New security plan for schools prepared

The Punjab Education Department has prepared a new security plan to save the students, teachers and other staff of the government and private educational institutions from terrorist activities. The plan has been implemented with immediate effect.
Published 05 Apr, 2008 12:00am
Professor Nasim appointed Hamdard University vice chancellor

Professor Nasim appointed Hamdard University vice chancellor

Chancellor Hamdard University Senator S.M. Zafar appointed Professor Dr Nasim A. Khan as Vice Chancellor of Hamdard University with effect from 1st April, 2008. Hamdard University sources said the newly appointed Vice Chancellor has acquired Ph.D., MS and
Published 05 Apr, 2008 12:00am
UIC, SMT launch Educational Security Scheme

UIC, SMT launch Educational Security Scheme

The United Insurance Company (UIC) and Safia Mustafa Trust (SMT) have jointly launched an Educational Security Scheme (ESS) for students to provide them insurance cover to safeguard their educational career.
Published 05 Apr, 2008 12:00am
THE RUPEE: dollar rises on interbank market

THE RUPEE: dollar rises on interbank market

The rupee extended its overnight losses on the interbank market on Friday, falling six paisa for buying and selling at 62.86 and 62.88, dealers said.
Published 05 Apr, 2008 12:00am
Acute wheat shortage in southern Punjab

Acute wheat shortage in southern Punjab

Wheat crisis has become acute in southern Punjab including Multan, Bahawalpur, D G Khan and other cities. People have been wandering here and there in search of flour but in vain. Hoarders are again taking the advantage and they have earned millions withi
Published 05 Apr, 2008 12:00am
THE RUPEE: dollar rises on interbank market

THE RUPEE: dollar rises on interbank market

The rupee extended its overnight losses on the interbank market on Friday, falling six paisa for buying and selling at 62.86 and 62.88, dealers said.
Published 05 Apr, 2008 12:00am
Glowing tributes paid to Zulfikar Ali Bhutto

Glowing tributes paid to Zulfikar Ali Bhutto

Shaheed Zulfikar Ali Bhutto was, indeed, the harbinger of new values in our politics and it was he who had altered the scales of people's struggle, said speakers in a literary session here Friday to commemorate the life and achievements of Zulfikar Ali Bh
Published 05 Apr, 2008 12:00am
Transfer of power yet to be completed: Elahi

Transfer of power yet to be completed: Elahi

Opposition leader in the National Assembly Chaudhry Pervaiz Elahi has said the heads of parties coming to power have not learnt any lesson from their past mistakes and restarted taking undemocratic and vindictive steps against the opposition parties' lead
Published 05 Apr, 2008 12:00am
Sino-Pak cooperation in defence lauded

Sino-Pak cooperation in defence lauded

Lauding the Defence co-operation between China and Pakistan at various levels, the Chief of the Naval Staff Admiral Muhammad Afzal Tahir on Friday expressed gratitude to People's Liberation Army (PLA) Navy for providing whole-hearted support for implement
Published 05 Apr, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (April 04, 2008).

Published 05 Apr, 2008 12:00am
Four CD shops blown up

Four CD shops blown up

Unknown miscreants blew up four CD and video shops with explosive devices on Kohat Road at Bhadabir area here early Friday morning, police said. The explosion occurred in the precinct of Bhadabir police station when unidentified fugitives detonated remote
Published 05 Apr, 2008 12:00am
Two labour complexes to be built in Sialkot

Two labour complexes to be built in Sialkot

Two new labour complexes costing more than Rs 700 million will be constructed to facilitate the industrial workers of Sialkot. The proposed complexes will be established at Sialkot-Wazirabad road and Sialkot-Gondal road, and each complex will consist of a
Published 05 Apr, 2008 12:00am
ABL workers welcome revival of trade unions

ABL workers welcome revival of trade unions

The Central Executive Council of Allied Bank Workers Federation of Pakistan (CBA) in an emergency meeting has welcomed the revival of trade unions which would enable the unions to play their effective role in banking sector, said Secretary General Shahid
Published 05 Apr, 2008 12:00am
Drizzle turns weather pleasant

Drizzle turns weather pleasant

The intermittent drizzle that started on Thursday evening turned the city weather pleasant on Friday. Local Met Office told newsmen that 2.8-millimetre rain had been recorded during Thursday night and Friday morning.
Published 05 Apr, 2008 12:00am
Parliament lodges: CDA asked to raise funds for maintenance

Parliament lodges: CDA asked to raise funds for maintenance

The Senate House Committee has asked the Capital Development Authority (CDA) to increase the annual allocation for maintenance of parliament lodges to Rs 108 million, up from the present allocation of Rs 1.2 million.
Published 05 Apr, 2008 12:00am
No ambiguity on restoration of judges, says Nawaz

No ambiguity on restoration of judges, says Nawaz

Former prime minister Nawaz Sharif has said Pakistan Peoples Party (PPP) and Pakistan Muslim League-N (PML-N) were committed to restore all deposed judges in line with their March 9 Murree Accord. Talking to a private television channel on Friday he said,
Published 05 Apr, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Apr, 2008 12:00am
US supports new government: Hunt

US supports new government: Hunt

Principal Officer of US Consulate Bryan D Hunt has said democracy is much more than elections and US support the newly elected Pakistani government. He said that it was the time for Pakistan to strengthen its institutions and the local government system.
Published 05 Apr, 2008 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 05 Apr, 2008 12:00am
Call for enhancing trade ties between French and Pakistan

Call for enhancing trade ties between French and Pakistan

"We should enhance the positive image of Pakistan in general and Karachi in particular besides increasing trade ties between the two countries. Pakistan is a good market of South Asia", said Francis Widmer, French Commercial Counsellor.
Published 05 Apr, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Apr, 2008 12:00am
Complete harmony among coalition parties: PML-N

Complete harmony among coalition parties: PML-N

There is complete harmony and trust among the allied parties of coalition set up and any party that supports the Murree Declaration and Charter of Democracy could be coalition partner at federal level.
Published 05 Apr, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 05 Apr, 2008 12:00am
Pro-Musharraf statement of PPP leader causes unrest in PML-N ranks

Pro-Musharraf statement of PPP leader causes unrest in PML-N ranks

Defence Minister Ahmad Mukhtar's statement praising President Pervez Musharraf as a "saleable" commodity has set the alarm bells ringing in PML-N quarters, which is major partner in the coalition government and second largest party in the National Assembl
Published 05 Apr, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (April 04, 2008).

Published 05 Apr, 2008 12:00am
Naek concerned over stoning to death incident

Naek concerned over stoning to death incident

Federal Minister for Law and Justice Farooq H. Naek has expressed concern over stoning to death of a male and female on Monday after a "Qazi court's" verdict in Khwezai Baezai, Fata. This was the first incident of Rajam (stoning to death) in the areas. Ea
Published 05 Apr, 2008 12:00am
Prime Minister calls for developing political harmony

Prime Minister calls for developing political harmony

Prime Minister Syed Yousuf Raza Gillani on Friday stressed developing political harmony in the country. "The politicians need to show political maturity for betterment of people".
Published 05 Apr, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 05 Apr, 2008 12:00am
BoP posts 52 percent average growth rate during 2003-07

BoP posts 52 percent average growth rate during 2003-07

The Bank of Punjab (BoP) has registered a cumulative average growth rate (CAGR) of 52 percent in deposits during the period from 2003 to 2007, which is higher than the overall industry's growth during the same time. The bank has made a remarkable progress
Published 05 Apr, 2008 12:00am
BoP posts 52 percent average growth rate during 2003-07

BoP posts 52 percent average growth rate during 2003-07

The Bank of Punjab (BoP) has registered a cumulative average growth rate (CAGR) of 52 percent in deposits during the period from 2003 to 2007, which is higher than the overall industry's growth during the same time. The bank has made a remarkable progress
Published 05 Apr, 2008 12:00am
Dar to present white paper on April 7

Dar to present white paper on April 7

Reports from all the relevant government departments for preparation of white paper, giving clear picture of actual economic position of the country, have been obtained. According to private TV channel, Minister for Finance Ishaq Dar will present the whit
Published 05 Apr, 2008 12:00am
Two bullet-riddled bodies found

Two bullet-riddled bodies found

Two bullet-riddled bodies have been found from Nawab Colony in Baldia Town limit here on Friday, Civil Hospital and Edhi Welfare Foundation sources told APP. The deceased have been identified as Bilal son of Shamshad and Rameez son of Muhammad Sultan. Bot
Published 05 Apr, 2008 12:00am
Habib Asset Management declares interim dividend

Habib Asset Management declares interim dividend

The board of directors of Habib Asset Management Limited has declared the first interim dividend for the year ending on June, 2008 for the Unit holders of First Habib Income Fund.
Published 05 Apr, 2008 12:00am
Habib Asset Management declares interim dividend

Habib Asset Management declares interim dividend

The board of directors of Habib Asset Management Limited has declared the first interim dividend for the year ending on June, 2008 for the Unit holders of First Habib Income Fund.
Published 05 Apr, 2008 12:00am
FBR plans to expand 'defective' PaCCS to all ports

FBR plans to expand 'defective' PaCCS to all ports

Despite huge flaws in Pakistan Customs Computerised System (PaCCS), the Federal Board of Revenue (FBR) has planned to expand it to all dry-ports and airports across country. Sources told Business Recorder on Friday that the project was launched in
Published 05 Apr, 2008 12:00am
India screens first Pakistani film after 40 years

India screens first Pakistani film after 40 years

A Pakistani movie on the dilemma faced by liberal Muslims became the first film to be commercially released across theatres in India on Friday after more than four decades, media reports said.
Published 05 Apr, 2008 12:00am
29th death anniversary of Bhutto observed

29th death anniversary of Bhutto observed

The 29th death anniversary of founder chairman of Pakistan Peoples Party (PPP) Zulfikar Ali Bhutto was observed here on Friday with fervour and solemnity, Pakistan Peoples' Party Parliamentarians (PPP-P) and other Party factions including PPP (Shaheed Bhu
Published 05 Apr, 2008 12:00am
M Shoaib elected Asia Pacific PCR for CFA Institute

M Shoaib elected Asia Pacific PCR for CFA Institute

The CFA Associated of Pakistan (CFAAP) has announced that its President Mohammad Shoaib, CFA has been elected as CFA institute's President Council Representative (PCR) for the Asia Pacific region for the term 2008-2010.
Published 05 Apr, 2008 12:00am
'Branchless banking to promote Islamic banking'

'Branchless banking to promote Islamic banking'

Branchless Banking will promote Islamic banking and the efforts of State Bank of Pakistan in this respect are commendable, said Zuhair Mughal, Chief Executive Officer of AlHuda Center of Islamic Banking & Economics while talking to mediamen here on Friday
Published 05 Apr, 2008 12:00am
UBL Funds announces interim dividends

UBL Funds announces interim dividends

The Board of Directors of UBL Fund Managers announced the interim dividends for the period ended March 31, 2008 for its Income Funds; United Money Market Fund (UMF), United Growth and Income Fund (UGIF) and United Islamic Income Fund (UIIF) following the
Published 05 Apr, 2008 12:00am
UBL Funds announces interim dividends

UBL Funds announces interim dividends

The Board of Directors of UBL Fund Managers announced the interim dividends for the period ended March 31, 2008 for its Income Funds; United Money Market Fund (UMF), United Growth and Income Fund (UGIF) and United Islamic Income Fund (UIIF) following the
Published 05 Apr, 2008 12:00am
Correction

Correction

Apropos the headline of a news item "Bank Alfalah acquiring 1.5 percent stake in NCCPL" carried by Business Recorder on Friday, the headline should be read as "Bank Alfalah acquiring 15pc stake in NCCPL". The error is regretted.
Published 05 Apr, 2008 12:00am
Correction

Correction

Apropos the headline of a news item "Bank Alfalah acquiring 1.5 percent stake in NCCPL" carried by Business Recorder on Friday, the headline should be read as "Bank Alfalah acquiring 15pc stake in NCCPL". The error is regretted.
Published 05 Apr, 2008 12:00am
NJLI Meesaq Fund Rates

NJLI Meesaq Fund Rates

New Jubilee Life Insurance Meesaq Fund Rates on Friday (April 04, 2008).

Published 05 Apr, 2008 12:00am
Correction

Correction

Apropos the headline of a news item "Bank Alfalah acquiring 1.5 percent stake in NCCPL" carried by Business Recorder on Friday, the headline should be read as "Bank Alfalah acquiring 15pc stake in NCCPL". The error is regretted.
Published 05 Apr, 2008 12:00am
NJLI Meesaq Fund Rates

NJLI Meesaq Fund Rates

New Jubilee Life Insurance Meesaq Fund Rates on Friday (April 04, 2008).

Published 05 Apr, 2008 12:00am
NJLI Meesaq Fund Rates

NJLI Meesaq Fund Rates

New Jubilee Life Insurance Meesaq Fund Rates on Friday (April 04, 2008).

Published 05 Apr, 2008 12:00am
Musharraf increasingly isolated: analysts

Musharraf increasingly isolated: analysts

Army is speeding up the transfer of power to the new civilian government, further isolating President Pervez Musharraf, analysts say. Musharraf, who seized power in a bloodless coup in 1999, is confronting a hostile coalition government that won elections
Published 05 Apr, 2008 12:00am
Activities resume at Thar coalfield

Activities resume at Thar coalfield

Several local and foreign companies have resumed activities at Thar coalfield following the announcement of Prime Minister Yousuf Raza Gilani that the government will establish new power generating units of 2200 MW capacity in one year.
Published 05 Apr, 2008 12:00am
Activities resume at Thar coalfield

Activities resume at Thar coalfield

Several local and foreign companies have resumed activities at Thar coalfield following the announcement of Prime Minister Yousuf Raza Gilani that the government will establish new power generating units of 2200 MW capacity in one year.
Published 05 Apr, 2008 12:00am
Activities resume at Thar coalfield

Activities resume at Thar coalfield

Several local and foreign companies have resumed activities at Thar coalfield following the announcement of Prime Minister Yousuf Raza Gilani that the government will establish new power generating units of 2200 MW capacity in one year.
Published 05 Apr, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 04, 2008).

Published 05 Apr, 2008 12:00am
Pakistan Steel supplied 20 megawatt electricity to KESC in March

Pakistan Steel supplied 20 megawatt electricity to KESC in March

Pakistan Steel supplied 20-megawatt electricity to KESC during month of March from its power generation system. Pakistan Steel spokesman said on Friday that following the directions of Pakistan Steel chairman Major General Muhammad Javed (Retd), system im
Published 05 Apr, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 04, 2008).

Published 05 Apr, 2008 12:00am
Pakistan Steel supplied 20 megawatt electricity to KESC in March

Pakistan Steel supplied 20 megawatt electricity to KESC in March

Pakistan Steel supplied 20-megawatt electricity to KESC during month of March from its power generation system. Pakistan Steel spokesman said on Friday that following the directions of Pakistan Steel chairman Major General Muhammad Javed (Retd), system im
Published 05 Apr, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 04, 2008).

Published 05 Apr, 2008 12:00am
Pakistan Steel supplied 20 megawatt electricity to KESC in March

Pakistan Steel supplied 20 megawatt electricity to KESC in March

Pakistan Steel supplied 20-megawatt electricity to KESC during month of March from its power generation system. Pakistan Steel spokesman said on Friday that following the directions of Pakistan Steel chairman Major General Muhammad Javed (Retd), system im
Published 05 Apr, 2008 12:00am
Pakistan''s foreign exchange reserves dip to $13.275 billion

Pakistan''s foreign exchange reserves dip to $13.275 billion

Foreign reserves fell by $224 million to $13.275 billion in the week that ended on March 29, the central bank said on Friday. Reserves held by the State Bank of Pakistan (SBP) fell to $11.100 billion from $11.356 billion a week earlier, while those held b
Published 05 Apr, 2008 12:00am
Pakistan's foreign exchange reserves dip to $13.275 billion

Pakistan's foreign exchange reserves dip to $13.275 billion

Foreign reserves fell by $224 million to $13.275 billion in the week that ended on March 29, the central bank said on Friday. Reserves held by the State Bank of Pakistan (SBP) fell to $11.100 billion from $11.356 billion a week earlier, while those held b
Published 05 Apr, 2008 12:00am
Pakistan's foreign exchange reserves dip to $13.275 billion

Pakistan's foreign exchange reserves dip to $13.275 billion

Foreign reserves fell by $224 million to $13.275 billion in the week that ended on March 29, the central bank said on Friday. Reserves held by the State Bank of Pakistan (SBP) fell to $11.100 billion from $11.356 billion a week earlier, while those held b
Published 05 Apr, 2008 12:00am
Dost Mohammad to be Punjab chief minister for interim period

Dost Mohammad to be Punjab chief minister for interim period

Top leadership of the Pakistan Muslim League-Nawaz which met at the party Quaid, Nawaz Sharif's Raiwind residence on Friday finalised matters concerning formation of the PML-N led coalition government in the Punjab and also evolved future strategy with pa
Published 05 Apr, 2008 12:00am