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May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-05-01
May Day with a difference

May Day with a difference

Being observed today in Pakistan, and elsewhere in the world, May Day tradition, though, will appear to have gradually lost its political bite in the wake of liquidation of the Soviet Union, which had come to be regarded as a nation ideally governed by th
Published 01 May, 2008 12:00am
Task force prepared to review NHP

Task force prepared to review NHP

A Health Policy Task Force (HPTF) has been constituted to prepare a National Health Policy (NHP) and review the implementation and outcome of the 2001 Policy, Federal Minister for Health, Sherry Rehman has constituted a Health Policy Task Force (HPTF).
Published 01 May, 2008 12:00am
Gilani vows research-oriented strategy to improve S&T sector

Gilani vows research-oriented strategy to improve S&T sector

Prime Minister Syed Yousuf Raza Gilani on Wednesday said the new government would strive for the development of science and technology (S&T) in the country and would introduce research-oriented strategy in every field of knowledge.
Published 01 May, 2008 12:00am
Argentina to install 100 CNG stations in Punjab

Argentina to install 100 CNG stations in Punjab

Argentina has signed an agreement with Government of the Punjab for installation of 100 CNG stations and intends to initiate new environment friendly projects in other parts of Pakistan. This was decided in a meeting between Federal Minister for Environme
Published 01 May, 2008 12:00am
Going abroad: brain drain

Going abroad: brain drain

I have personally observe a lot of talented people leaving Pakistan and settling abroad. It is a very sorry state of affairs, but the circumstances which surround us have become too painful to be tolerated. People who used to love this country have lost t
Published 01 May, 2008 12:00am
Do not brand Pakistan as a poor country

Do not brand Pakistan as a poor country

We were fortunate to have seen the photograph of the host and guests, including their wives, at a dinner hosted by the Prime Minister on Thursday for the formation commanders and services chiefs at the sprawling lawns of the PM House. What a display of os
Published 01 May, 2008 12:00am
Raul Castro tightens grip on Cuban government

Raul Castro tightens grip on Cuban government

New Cuban President Raul Castro has publicly proclaimed the end of the 21-month "temporary" phase opened by the illness of his brother, long-time Cuban leader Fidel Castro. At the same time Monday, he announced a series of measures - including the first C
Published 01 May, 2008 12:00am
A good omen for the labour community

A good omen for the labour community

First May is globally acknowledged and celebrated as "Labour Day" every year, with great joy and enthusiasm, to mark the significance of the historical victory of the Labour Movement. This emerged from the heroic struggle of the industrial workers of Chic
Published 01 May, 2008 12:00am
Home remittances have a long-term growth potential

Home remittances have a long-term growth potential

Influx of remittances from overseas Pakistanis after 9/11 has made the annual incremental rate surge to almost $6 billion (on the basis of figure of $4.126 released by State Bank of Pakistan for the period from July 2007 to February 2008 only), thus furbi
Published 01 May, 2008 12:00am
PPP-MQM power sharing accord

PPP-MQM power sharing accord

Finally, a power sharing deal has been struck after lengthy negotiations: MQM is becoming a part of the PPP-led coalition in Sindh following culmination of successful talks at Sindh Governor's house on Monday night. The Altaf-led party is going to get 13
Published 01 May, 2008 12:00am
ASF approves Rs 1.22 million to set up BRC

ASF approves Rs 1.22 million to set up BRC

Agribusiness Support Fund (ASF) has approved a matching grant of Rs 1.22 million for 'All Pakistan Fruit & Vegetable Importers, Exporters & Merchants Association' for the establishment of a Business Resource Centre at Karachi. According to ASF sources, se
Published 01 May, 2008 12:00am
Microsoft, NetSol sign enterprise agreement

Microsoft, NetSol sign enterprise agreement

The Microsoft and NetSol Technologies Ltd have signed an enterprise agreement under which, the later will get the Microsoft Desktop and Server Platform tools with Core Infrastructure and Developer tools. Developer tools significantly improve data handling
Published 01 May, 2008 12:00am
'Digital Cartography' course planned at GCU

'Digital Cartography' course planned at GCU

The Department of Geography of GC University has planned to organise a refresher course in digital cartography. This course has been designed, while keeping in view the rising market demand as it would help in the promotion of sophisticated tools in the p
Published 01 May, 2008 12:00am
Brac and PPAF sign agreement

Brac and PPAF sign agreement

The Pakistan Poverty Alleviation Fund (PPAF) and Bangladesh Rural Advancement Committee (Brac) on Wednesday signed an agreement under which, PPAF would extend financing facility to Brac-Pakistan under its micro-credit programme. BRAC-Pakistan, with this l
Published 01 May, 2008 12:00am
Auto clusters approved for Sheikhupura, Bin Qasim

Auto clusters approved for Sheikhupura, Bin Qasim

The Auto Cluster Development Committee has approved to set up two auto clusters in Sheikhupura and Bin Qasim Karachi. The auto cluster on the Lahore-Sheikhupura Road will be launched in May. The committee disclosed this in a meeting held at Nip regional d
Published 01 May, 2008 12:00am
Decision to sell 0.25 million tonnes of sugar to TCP criticised

Decision to sell 0.25 million tonnes of sugar to TCP criticised

Pakistan Sugar Mills Association (PSMA) has criticised the decision by Finance Minister, Ishaq Dar in which TCP was asked to buy 0.25 million tonnes of sugar from mills for building up a buffer stock, and termed the decision as insufficient.
Published 01 May, 2008 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Some times government minions fail to respect local customs and habits, and sensitivities, and ministers have to answer for their acts of omission and commission. Thus, Balochistan Senator Liaquat Bangalzai had to recite four lines of Urdu poetry to conve
Published 01 May, 2008 12:00am
PML-N CWC, parliamentary party meeting today

PML-N CWC, parliamentary party meeting today

The Pakistan Muslim League-N leader Mohammad Nawaz Sharif has called a meeting of his party's Central Working Committee (CWC) and the Parliamentary Party at 3 pm here on Thursday.
Published 01 May, 2008 12:00am
US MIDDAY: copper rises

US MIDDAY: copper rises

US copper futures pushed higher on Wednesday following a larger-than-forecast gain in US economic growth last quarter, traders said. Continued work stoppages at three of Chilean miner Codelco's copper mines kept support under prices, along with expectatio
Published 01 May, 2008 12:00am
New York cotton futures settle firmer

New York cotton futures settle firmer

Cotton futures settled firmer Wednesday on fund short-covering inspired by steadier grains values, with brokers saying further moves depend on what other commodity markets do in the days ahead. The ICE Futures' July cotton contract rose 0.57 cent to close
Published 01 May, 2008 12:00am
'Wheat and corn prices to drop with biofuel stop'

'Wheat and corn prices to drop with biofuel stop'

A moratorium on production of grain-based biofuels would help ease raging wheat and corn prices by up to 20 percent in the next few years, a leading agriculture research group said on Tuesday.
Published 01 May, 2008 12:00am
Copper steadies

Copper steadies

Copper prices recouped earlier losses on Wednesday after slightly better-than-expected data on economic growth in the United States. Copper for delivery in three months on the London Metal Exchange ended the official open outcry session at $8,540 per tonn
Published 01 May, 2008 12:00am
Gold springs back

Gold springs back

Gold bounced from a three-month low on Wednesday but remained under pressure as investors avoided big bets ahead of a key US rate decision by the Federal Reserve later in the day. Spot gold was at $868.30/869.20 an ounce at 1521 GMT, from $873.55/874.75 a
Published 01 May, 2008 12:00am
US MIDDAY: coffee eases, cocoa little changed

US MIDDAY: coffee eases, cocoa little changed

Arabica coffee futures trading on ICE Futures US crept lower in early trade Wednesday, ahead of an expected rate cut by the US Federal Reserve, while cocoa was little changed on two-sided investor interest. July arabica contract was down 0.05 cent at $1.3
Published 01 May, 2008 12:00am
US MIDDAY: sugar firms

US MIDDAY: sugar firms

Raw sugar futures on ICE Futures US at 8:53 am EDT (1253 GMT): July sugar contract rose 0.09 cent to 11.96 cents per lb. Ranged 11.77 to 11.99 cents. July contract volume at 12,040 lots. Modest investor buying while trade eyes expiration of May contract a
Published 01 May, 2008 12:00am
US MIDDAY: wheat falls

US MIDDAY: wheat falls

May wheat was down 2 cents at $7.92 per bushel; July down 2-1/2 at $8.06. Prices pressured by talk that Argentine farmers and government officials close to resolution about wheat exports, underpinned by jitters about cold weather forecast for portions US
Published 01 May, 2008 12:00am
US MIDDAY: corn climbs

US MIDDAY: corn climbs

May corn was up 6 cents at $5.97-1/4 per bushel; December up 3 at $6.25. Lifted by worries about slowest planting progress since 1999 due to a cold, wet spring. Corn seedings 10 percent as of Sunday, well behind average 35 percent. US Midwest spot basis b
Published 01 May, 2008 12:00am
US MIDDAY: soyabeans down

US MIDDAY: soyabeans down

May soyabean futures were down 3-1/2 cents at $12.76 per bushel, November up 1/2 cent at $12.01. Mixed amid uncertainty regarding talks between Argentine government and farmers over export tax on soyabeans. There was talk that farmers would delay resuming
Published 01 May, 2008 12:00am
The Weather

The Weather

The weather report on Wednesday (April 30, 2008) and the forecast for Thursday (May 01, 2008).
Published 01 May, 2008 12:00am
US MIDDAY: gold lower

US MIDDAY: gold lower

US gold futures dropped for a second straight session Wednesday, hurt by a stronger dollar, crude oil slippage and a drop in gold exchange-traded fund holdings ahead of an interest rate decision by the Federal Reserve. June gold contract on Comex division
Published 01 May, 2008 12:00am
Pak-Russia relations improving: Qureshi

Pak-Russia relations improving: Qureshi

Foreign Minister Shah Mahmud Qureshi on Wednesday said Pakistan highly values its relations with the Russian Federation and expressed the hope that these ties will gain further strength in the years ahead.
Published 01 May, 2008 12:00am
NetSol Technologies third quarter profit up by 62.3 percent

NetSol Technologies third quarter profit up by 62.3 percent

The income of NetSol Technologies Limited (Pakistan) year on year basis for the third quarter of the 2007-08 financial year has been increased by 62.3 percent to Rs 154 million as compared to Rs 94 million of the corresponding period of the last year.
Published 01 May, 2008 12:00am
NetSol Technologies third quarter profit up by 62.3 percent

NetSol Technologies third quarter profit up by 62.3 percent

The income of NetSol Technologies Limited (Pakistan) year on year basis for the third quarter of the 2007-08 financial year has been increased by 62.3 percent to Rs 154 million as compared to Rs 94 million of the corresponding period of the last year.
Published 01 May, 2008 12:00am
Police officers' promotion: IHC summons DAG over appeal

Police officers' promotion: IHC summons DAG over appeal

The Islamabad High Court on Wednesday directed the Deputy Attorney General to appear on May 5 and apprise it of details regarding the issue of police officers' deputation in other allied departments hampering their due promotion.
Published 01 May, 2008 12:00am
Kayani visits Malir Cantt

Kayani visits Malir Cantt

Chief of Army Staff, General Ashfaq Parvez Kayani visited Malir Cantonment on Wednesday morning and observed routine training activities of troops. He appreciated the high morale and standard of training of all ranks. Later, Army Chief visited the Air War
Published 01 May, 2008 12:00am
No troop reduction in Afghan border region: Haqqani

No troop reduction in Afghan border region: Haqqani

Pakistan has no plans to diminish its military presence in the Pak-Afghan border region, Pakistani Ambassador-designate to the US said in a bid to allay Washington's "increasing alarm" over the deal Islamabad is negotiating with tribal leaders.
Published 01 May, 2008 12:00am
Utilisation of Thar coal top priority of government: Ibad

Utilisation of Thar coal top priority of government: Ibad

Sindh Governor, Dr Ishrat-ul-Ibad Khan has said that the government is stressing on power generation in the country through all possible resources and the utilisation of Thar coal is among the government's top priorities, says a press release. He was talk
Published 01 May, 2008 12:00am
Six die in tribal clash

Six die in tribal clash

Six persons were killed and seven others injured in a clash between two tribes over land dispute in Spainwam area of South Waziristan. According to private TV channel Geo, the clashes erupted once again between Hasankhel and Mandikhel over ownership of a
Published 01 May, 2008 12:00am
Gems, jewellery: training programme on advanced techniques

Gems, jewellery: training programme on advanced techniques

Pakistan Gems and Jewellery Company (PGJDC), in collaboration with the USAID-funded Pakistan Initiative for Strategic Development and Competitiveness (PISDAC), has arranged a six-day training programme on advanced pattern-making techniques for gems and je
Published 01 May, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (May 01, 2008).

Published 01 May, 2008 12:00am
Paintings' exhibition on Islamabad landscape

Paintings' exhibition on Islamabad landscape

An exhibition of 44 paintings of Asif Wajahat titled 'Glimpses of Me, My life in Islamabad' opened here at French Cultural Centre (Alliance Francaise) on Wednesday evening.
Published 01 May, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (April 30, 2008).

Published 01 May, 2008 12:00am
KWSB diesel generators causing pollution

KWSB diesel generators causing pollution

Although air pollution is high rated in the city, the Karachi Water and Sewerage Board (KW&SB) has installed several diesel generators at water pumping stations in the metropolis without getting environment safety certificate.
Published 01 May, 2008 12:00am
Three-day ultimatum for arrest of furniture dealer's killers

Three-day ultimatum for arrest of furniture dealer's killers

With a three-day ultimatum to government for arresting the murderers of a furniture dealer, Saleem Anwar, the chairman of Karachi Furniture Dealers Group (KFDG), Muhammad Atiq, warned of taking to streets in protest and call for shutter-down strike.
Published 01 May, 2008 12:00am
Tremendous upsurge in inter-district road traffic

Tremendous upsurge in inter-district road traffic

There has been a tremendous upsurge in the road traffic between Karachi and the interior cities of Hyderabad, Nawabshah, Sanghar, Mirpurkhas, Larkana and Sukkur, reports UPP correspondent. The transporters operating buses and coaches on these inter-distri
Published 01 May, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 30, 2008).

Published 01 May, 2008 12:00am
PTCL decision to cut duration of phone call flayed

PTCL decision to cut duration of phone call flayed

The Telecommunication Sub-committee of Karachi Chamber of Commerce and Industry (KCCI) has flayed the decision of Pakistan Telecommunication Company Limited (PTCL) to reduce the duration of a minimum unit call from five minutes to two minutes.
Published 01 May, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 30, 2008).

Published 01 May, 2008 12:00am
Saudi CG meets Fehmida Mirza

Saudi CG meets Fehmida Mirza

Consul General (CG) of Saudi Arabia Dr Hassan A Attar called on Speaker National Assembly Dr Fehmida Mirza at her residence here on Wednesday morning. They discussed bilateral issues and called for stronger economic ties between Saudi Arabia and Pakistan.
Published 01 May, 2008 12:00am
BHC issues notice to general manager SSGCL

BHC issues notice to general manager SSGCL

A division bench of Balochistan High Court (BHC) here on Wednesday issued notices to the general manager SSGCL and deputy engineer of the company for June 24 in disconnecting gas supply to Jahangirabad village in Pishin district case.
Published 01 May, 2008 12:00am
Baqai University holds convocation

Baqai University holds convocation

The 6th Convocation of the Baqai Medical University (BMU) was held here on Wednesday, says a press release. The university awarded degrees to 813 students of Faculty of Medicine and Dentistry, Pharmaceutical Sciences, Basic Medical Sciences, Health Manage
Published 01 May, 2008 12:00am
THE RUPEE: forward dollar buying on rise

THE RUPEE: forward dollar buying on rise

Continued forward buying of dollars pushed the rupee rates down in the currency market on Wednesday ahead of Labour Day holiday, dealers said. In the interbank market the rupee shed seven paisa in terms of dollar at 64.59 for buying and it also lost eight
Published 01 May, 2008 12:00am
CDA starts work on Rs 50 million 'Aviary Park'

CDA starts work on Rs 50 million 'Aviary Park'

The Capital Development Authority (CDA) will soon establish a birds Aviary Park near Rawal Lake costing Rs 50 million, CDA officials told Business Recorder on Wednesday. The officials said that the park, par international standards, would be stretc
Published 01 May, 2008 12:00am
THE RUPEE: forward dollar buying on rise

THE RUPEE: forward dollar buying on rise

Continued forward buying of dollars pushed the rupee rates down in the currency market on Wednesday ahead of Labour Day holiday, dealers said. In the interbank market the rupee shed seven paisa in terms of dollar at 64.59 for buying and it also lost eight
Published 01 May, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 30, 2008).

Published 01 May, 2008 12:00am
LHC issues notices to Sumaira Malik, others

LHC issues notices to Sumaira Malik, others

The Lahore High Court (LHC) has issued notices for May 19 to Member of the National Assembly Sumaira Malik and other candidates from NA-69 in Khushab following a petition by Malik Umer Aslam Awan challenging her election. The court has ordered the Electio
Published 01 May, 2008 12:00am
Law officers appointed by PML-Q government to be removed: minister

Law officers appointed by PML-Q government to be removed: minister

Punjab Law Minister Rana Sana Ullah has said the PML-N government will remove all law officers and prosecutor generals the PML-Q government had appointed. Speaking in a reception held by the PML-N Lawyers Forum in his honour on Wednesday, he said Punjab A
Published 01 May, 2008 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 01 May, 2008 12:00am
Pump storage technology suggested to resolve power crisis

Pump storage technology suggested to resolve power crisis

Power-cuts will end in the country for good by using the pump storage technology generating more than 19 billion units of additional electricity annually and saving Rs 174 billion from the budgetary expenditures set aside for power generation.
Published 01 May, 2008 12:00am
Energy conservation awareness walk on May 5

Energy conservation awareness walk on May 5

First Energy Conservation walk under the administration of Pepco & Iesco is being held on May 5 at 10am from China Chowk, Blue Area to Attaturk Avenue Crossing (Parade ground opposite Parliament House). The object of walk is to create energy conservation
Published 01 May, 2008 12:00am
NAB files reference against nazim

NAB files reference against nazim

National Accountability Bureau (NAB), North West Frontier Province in Peshawar, has filed a reference against Tehsil Nazim, DI Khan Fateh Ulah Khan and others for gross misappropriation and embezzlement in government funds on an account of construction an
Published 01 May, 2008 12:00am
586,141 metric tonnes wheat procured in Punjab

586,141 metric tonnes wheat procured in Punjab

The Punjab food department has bought over 586,141 metric tonnes of wheat in the Wheat Procurement Campaign, 2008. The procurement is being done through 198 permanent and 147 temporary procurement centres set up throughout the province, said Punjab Food M
Published 01 May, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (April 30, 2008) and for Thursday (May 01, 2008).
Published 01 May, 2008 12:00am
Seminar on 'Role of Media' held

Seminar on 'Role of Media' held

A one-day seminar on 'The role of media in society and its effects' was held here at Karachi University on Wednesday, says a press release. The seminar was organised by the Mass Communication Department of the university. The department's Chairman Dr Mehm
Published 01 May, 2008 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (April 30, 2008).

Published 01 May, 2008 12:00am
UK open learning centre celebrates first anniversary

UK open learning centre celebrates first anniversary

The British Council Peshawar's Supported Open Learning Centre (SOLC) working for the personal and professional development of teachers celebrated its first anniversary. SOLC is British Council initiative for promoting self-access learning and personal and
Published 01 May, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (May 01, 2008).

Published 01 May, 2008 12:00am
Ufone launches UExcel

Ufone launches UExcel

Ufone, one of the leading telecom operators in Pakistan, has launched UExcel - a programme for undergrad students in collaboration with the School of Leadership (SoL), says a press release.
Published 01 May, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (May 01, 2008).

Published 01 May, 2008 12:00am
Holiday notice

Holiday notice

The offices of Business Recorder will remain closed on Thursday (May 1) on account of Labour Day. Arrangements have, however, been made to bring out the paper and Internet Edition on Friday (May 2), as usual.
Published 01 May, 2008 12:00am
Message from Chief Executive and Founder of Kaspersky Labs

Message from Chief Executive and Founder of Kaspersky Labs

We are a relatively young company in comparison with most of our competitors, and therefore it took us a little longer to penetrate the markets of Asia. But once we managed to do so 2-3 years ago, we were given a very warm reception by local users and our
Published 01 May, 2008 12:00am
13 Muttahida MPAs to join Sindh Cabinet

13 Muttahida MPAs to join Sindh Cabinet

In a major development, 13 members of provincial assembly from Muttahida Qaumi Movement are joining Sindh Cabinet in a day or two. This development came after Pakistan People's Party and MQM successfully finalised a power-sharing deal following a series o
Published 01 May, 2008 12:00am
Message from Director, Jet Infosystems Russia

Message from Director, Jet Infosystems Russia

Pakistani IT market is relatively young. IT spread started here a bit later than even in Eastern Europe, China and India, not to mention Western Europe and the USA. The market at this stage has high rates of development; there is no "legacy" decisions, br
Published 01 May, 2008 12:00am
13 Muttahida MPAs to join Sindh Cabinet

13 Muttahida MPAs to join Sindh Cabinet

In a major development, 13 members of provincial assembly from Muttahida Qaumi Movement are joining Sindh Cabinet in a day or two. This development came after Pakistan People's Party and MQM successfully finalised a power-sharing deal following a series o
Published 01 May, 2008 12:00am
Message from Chief Executive, Trillium Information Security Systems

Message from Chief Executive, Trillium Information Security Systems

It is a pleasure to see Pakistan and Russia celebrate 60 years of diplomatic relations that despite the past turbulences, has held on and grows stronger day by day. It is a fact that, like many other countries of this continent Russians and Pakistanis are
Published 01 May, 2008 12:00am
Stocks extend overnight losses on LSE

Stocks extend overnight losses on LSE

Share values on Wednesday extended overnight losses on the Lahore Stock Exchange (LSE), shedding 75.41 points, or 1.59 percent, following the news of political deadlock over the issue of restoration of judiciary and disappointing quarterly results of the
Published 01 May, 2008 12:00am
Stocks extend overnight losses on LSE

Stocks extend overnight losses on LSE

Share values on Wednesday extended overnight losses on the Lahore Stock Exchange (LSE), shedding 75.41 points, or 1.59 percent, following the news of political deadlock over the issue of restoration of judiciary and disappointing quarterly results of the
Published 01 May, 2008 12:00am
Message from Executive Director Marketing & Sales

Message from Executive Director Marketing & Sales

I take this opportunity to extend my heartfelt felicitations on completion of 60 years of Diplomatic Relations between Russian Federation and Pakistan. Indeed it is a long stretch of time and the period has been hallmark of many ups and downs. It is a mat
Published 01 May, 2008 12:00am
ISE index loses 61.31 points

ISE index loses 61.31 points

Fresh bearish assault on Wednesday moved the entire ready board in downward direction at the Islamabad Stock Exchange (ISE) where selling pressure intensified in hot favourite amid decrease in index. ISE-10 Index showed a decrease of 61.31 points from 3,2
Published 01 May, 2008 12:00am
Message from M.D. PhD (Cardiology) Assistant Professor of NICD

Message from M.D. PhD (Cardiology) Assistant Professor of NICD

Today, the 1st of May, Pakistan and Russia are celebrating 60 years of diplomatic relations. It is a high time to look back and learn from the past mistakes. We must say that our relations were not smooth all the time and witnessed several up and downs. A
Published 01 May, 2008 12:00am
ISE index loses 61.31 points

ISE index loses 61.31 points

Fresh bearish assault on Wednesday moved the entire ready board in downward direction at the Islamabad Stock Exchange (ISE) where selling pressure intensified in hot favourite amid decrease in index. ISE-10 Index showed a decrease of 61.31 points from 3,2
Published 01 May, 2008 12:00am
Colgate posts profit

Colgate posts profit

Colgate-Palmolive Co posted a higher-than-expected quarterly profit on Wednesday, boosted by strong sales outside the United States and higher prices that helped offset soaring commodity costs. However, analysts warned that the company's forecast for flat
Published 01 May, 2008 12:00am
Introduction: Union Exports

Introduction: Union Exports

Union Exports (Pvt) Ltd was established in 1981 and has came a long way growing many folds in last two and half decades. We started operations with exports of basic bed linen qualities to Europe but with our commitment to perfection, high quality standard
Published 01 May, 2008 12:00am
Colgate posts profit

Colgate posts profit

Colgate-Palmolive Co posted a higher-than-expected quarterly profit on Wednesday, boosted by strong sales outside the United States and higher prices that helped offset soaring commodity costs. However, analysts warned that the company's forecast for flat
Published 01 May, 2008 12:00am
Chairman, Association of Pakistan Graduates from Russia & CIS

Chairman, Association of Pakistan Graduates from Russia & CIS

Association of Pakistani Graduates from Russia & CIS heartily congratulates the peoples and governments of Pakistan and Russian Federation on the occasion of the 60 years of the Diplomatic Relations between Pakistan and Russia. Association also wishes suc
Published 01 May, 2008 12:00am
Shamshad receives best central bank governor award

Shamshad receives best central bank governor award

Senior Editor, The Banker Magazine, Ms Karina Robinson presented the Central Bank Governor of the Year in Asia 2008 Award to State Bank of Pakistan Governor Dr Shamshad Akhtar at a ceremony held at a local hotel in Karachi on Wednesday.
Published 01 May, 2008 12:00am
KAMAZ: World's Leading Brand in Heavy Commercial & Special Vehicles

KAMAZ: World's Leading Brand in Heavy Commercial & Special Vehicles

After decades Russia and Pakistan entered into mutual collaboration in automobile technology. Bibojee Services (Pvt) Ltd, a holding company of Ghandhara Group of Companies has entered into Technical Collaboration with KAMAZ in a project to assemble these
Published 01 May, 2008 12:00am
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