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Print - 2008-07-08
'No danger to Pakistan's nuclear installations'

'No danger to Pakistan's nuclear installations'

A visiting House of Commons, Defence Select Committee was assured that a foolproof command and control system was in place and there is no danger to its nuclear installations. The assurance was made by Nisar Memon, Chairman, Senate Defence Committee in a
Published 08 Jul, 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 Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
Prime Minister condoles death

Prime Minister condoles death

Prime Minister Syed Yousuf Raza Gilani has condoled the death of renowned poet Khatir Ghaznavi who passed away on Mondday in Peshawar. In a message to the bereaved family, the Prime Minister paid tributes to Ghaznavi's contribution to the poetry.
Published 08 Jul, 2008 12:00am
Twin-city sad on the death of Khatir Ghazanavi

Twin-city sad on the death of Khatir Ghazanavi

Literati circle and people in general in Islamabad and Rawalpindi are saddened by the death of stylish poet Khatir Ghazanvi (1925-2008) at his Peshawar home on Sunday night. Ibrahim Beg with his poetic identity Khatir was one of the leading Urdu poets of
Published 08 Jul, 2008 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
Petition against GTA president: LHC orders to look into transfer matter

Petition against GTA president: LHC orders to look into transfer matter

The Lahore High Court (LHC), dealing with a petition by a senior headmaster of the Government High School, Gujrat, has told the district education officer to look into the transfer matter of the petitioner and decided it within a month in accordance with
Published 08 Jul, 2008 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
D-8 conference to discuss global price hike phenomenon: Prime Minister

D-8 conference to discuss global price hike phenomenon: Prime Minister

Prime Minister Syed Yousuf Raza Gilani Monday said the D-8 conference will dwell upon the international price hike as a result of steep increase in petroleum prices, adding that inflation and price hike in Pakistan is not due to bad strategy, but it is a
Published 08 Jul, 2008 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
Payment to non-residents: ITC approval condition dropped

Payment to non-residents: ITC approval condition dropped

The Federal Board of Revenue (FBR) has withdrawn a condition, mandatory for businessmen, to obtain approval of commissioners on making payments to non-resident companies or foreign investors without payment of withholding tax, under avoidance of double ta
Published 08 Jul, 2008 12:00am
People look up to Parliament to solve problems: Dr Fehmida

People look up to Parliament to solve problems: Dr Fehmida

People look up to the parliament to solve their problems, National Assembly Speaker Dr Fehmida Mirza said to a delegation of the defence select committee of the House of Commons, visiting Pakistan currently. The eight-member delegation is led by British M
Published 08 Jul, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
Senate Chairman condemns Islamabad blast

Senate Chairman condemns Islamabad blast

Senate Chairman Mohammedmian Soomro has condemned Sunday's bomb blast occurred near Melody Market here. 'No sane person like such heinous act which destroys lives and properties putting and endangering innocent people. He assured citizens of his firm reso
Published 08 Jul, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
DNA tests help identify suicide bomber: Malik

DNA tests help identify suicide bomber: Malik

Advisor to Prime Minister on Interior Rehman Malik has said the investigation into the Sunday evening suicide bombing in Islamabad is under way and the eyewitnesses term it a suicide blast. Talking to reporters here on Monday, he said that the bomber was
Published 08 Jul, 2008 12:00am
Suicide attack an attempt to destabilise Pakistan: Prime Minister

Suicide attack an attempt to destabilise Pakistan: Prime Minister

Prime Minister Yousuf Raza Gilani on Monday said the suicide blast in the city on Sunday was an act by those who want to destabilise the country. Talking to reporters before departure for Kuala Lumpur to attend the D-8 Conference, he said that the inciden
Published 08 Jul, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
Isani calls on President Musharraf

Isani calls on President Musharraf

U A G Isani, head of the Commission, formed to evaluate the extent of damage suffered by ordinary citizens as a result of the acts of looting and arson after the assassination of Benazir Bhutto, called on President Pervez Musharraf at the Governor House h
Published 08 Jul, 2008 12:00am
Karachi blasts widely condemned

Karachi blasts widely condemned

President Pervez Musharraf strongly condemned the bomb blasts in Karachi on Monday, saying the despicable acts of terrorism were a conspiracy against the country and the people. The President said these terrorist elements want to destabilise the country b
Published 08 Jul, 2008 12:00am
Industrial Automation Training Institute to be set up

Industrial Automation Training Institute to be set up

The Technology Up-gradation and Skill Development Company is planning to set up PLC-Industrial Automation Training Institute to produce work force for the industrial sector trained in operation, installation, maintenance of PLC-equipped machines and equip
Published 08 Jul, 2008 12:00am
Coalition government in Punjab advancing successfully: Taseer

Coalition government in Punjab advancing successfully: Taseer

Punjab Governor Salmaan Taseer said on Monday the coalition government of the Pakistan People's Party and Pakistan Muslim League-Nawaz in Punjab was moving forward successfully, despite of the fact that both had no experience of such a coalition in the pa
Published 08 Jul, 2008 12:00am
UVAS budget approved

UVAS budget approved

On the recommendations of the Finance and Planning Committee, the Syndicate of the University of Veterinary and Animal Sciences (UVAS) Lahore at a meeting here on Monday approved the university's annual budget worth Rs 304.082 million for the financial ye
Published 08 Jul, 2008 12:00am
Bangladesh delegation visits IIU

Bangladesh delegation visits IIU

A 10-member Bangladeshi teachers' delegation visited the International Islamic University (IIU) here on Monday. The delegation was led by Professor Shahnaz Yasmeen, University of Rajshahi, says a statement issued here. President IIU, Dr Anwar Hussain Sidd
Published 08 Jul, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Jul, 2008 12:00am
Strict security measures taken to face any untoward situation

Strict security measures taken to face any untoward situation

Punjab government has taken stern security measures and put the province on high alert after following Sunday's bomb blast, which claimed 17 lives. The sources told Business Recorder on Monday that after the Sunday blast, the Punjab Home Department
Published 08 Jul, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 08 Jul, 2008 12:00am
Suicide attack toll rises to 21

Suicide attack toll rises to 21

The death toll in the Sunday's Melody suicide bombing reached 21 as two more injured Hasanat of Police, Special Branch, and an unidentified civilian breathed their last in the hospital on Monday.
Published 08 Jul, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 08 Jul, 2008 12:00am
Gilani arrives in Kuala Lumpur to attend D-8 summit

Gilani arrives in Kuala Lumpur to attend D-8 summit

Prime Minister Syed Yousuf Raza Gilani arrived here on Monday to attend the sixth D-8 Summit being held in the Malaysian capital, and is expected to endorse a 10-year roadmap on trade co-operation. Prime Minister Gilani, who is heading a delegation compri
Published 08 Jul, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
Gilani arrives in Kuala Lumpur to attend D-8 summit

Gilani arrives in Kuala Lumpur to attend D-8 summit

Prime Minister Syed Yousuf Raza Gilani arrived here on Monday to attend the sixth D-8 Summit being held in the Malaysian capital, and is expected to endorse a 10-year roadmap on trade co-operation. Prime Minister Gilani, who is heading a delegation compri
Published 08 Jul, 2008 12:00am
Gilani arrives in Kuala Lumpur to attend D-8 summit

Gilani arrives in Kuala Lumpur to attend D-8 summit

Prime Minister Syed Yousuf Raza Gilani arrived here on Monday to attend the sixth D-8 Summit being held in the Malaysian capital, and is expected to endorse a 10-year roadmap on trade co-operation. Prime Minister Gilani, who is heading a delegation compri
Published 08 Jul, 2008 12:00am
IoK chief minister quits

IoK chief minister quits

The chief minister of Indian Kashmir resigned on Monday in the wake of a wave of violent protests over his government's decision to give land in the Muslim region to Hindu pilgrims. The government of Ghulam Nabi Azad lost its majority on June 28 when a ke
Published 08 Jul, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 08 Jul, 2008 12:00am
IoK chief minister quits

IoK chief minister quits

The chief minister of Indian Kashmir resigned on Monday in the wake of a wave of violent protests over his government's decision to give land in the Muslim region to Hindu pilgrims. The government of Ghulam Nabi Azad lost its majority on June 28 when a ke
Published 08 Jul, 2008 12:00am
German output slump points to sharp slowdown

German output slump points to sharp slowdown

German industrial output dropped by more than even the most pessimistic of forecasts in May, adding to a run of negative indicators that point to a sharp slowdown in Europe's largest economy. In seasonally adjusted terms, output fell by 2.4 percent on the
Published 08 Jul, 2008 12:00am
Fresenius to enter US drug market with APP

Fresenius to enter US drug market with APP

German medical group Fresenius unveiled a $3.7 billion deal to buy US company APP Pharmaceuticals to take control of a key drug used by its dialysis unit. The agreed take-over, one of the biggest by the healthcare group, sent Fresenius shares tumbling as
Published 08 Jul, 2008 12:00am
Fresenius to enter US drug market with APP

Fresenius to enter US drug market with APP

German medical group Fresenius unveiled a $3.7 billion deal to buy US company APP Pharmaceuticals to take control of a key drug used by its dialysis unit. The agreed take-over, one of the biggest by the healthcare group, sent Fresenius shares tumbling as
Published 08 Jul, 2008 12:00am
Oman kicks off telecom stake sale, invites investors

Oman kicks off telecom stake sale, invites investors

Oman kicked off its planned sale of 25 percent in Oman Telecommunications Co on Monday, inviting investors in a deal it hopes will boost the state-controlled firm's competitiveness as it expands abroad.
Published 08 Jul, 2008 12:00am
China to extend capital curbs to services

China to extend capital curbs to services

China is drafting rules to step up controls over the unauthorised inflow of capital through the services trade, following the adoption last week of similar rules for trade in goods, a government source said on Monday.
Published 08 Jul, 2008 12:00am
ISE index down 26.51 points

ISE index down 26.51 points

Equities showed negative signs at Islamabad Stock Exchange (ISE) on Monday where bears dominated the proceedings amid decrease in index. ISE-10 Index showed a decrease of 26.51 points from 2,663.74 to 2,637.23 points. The volume rose to 23,600 shares as c
Published 08 Jul, 2008 12:00am
ISE index down 26.51 points

ISE index down 26.51 points

Equities showed negative signs at Islamabad Stock Exchange (ISE) on Monday where bears dominated the proceedings amid decrease in index. ISE-10 Index showed a decrease of 26.51 points from 2,663.74 to 2,637.23 points. The volume rose to 23,600 shares as c
Published 08 Jul, 2008 12:00am
Bears rule the roost on LSE

Bears rule the roost on LSE

The Lahore stock on Monday continued the last week lacklustre condition in the absence of institutional or retail investors' interest and equities under the lead of blue chip registered losses amid a low trading activity.
Published 08 Jul, 2008 12:00am
Bears rule the roost on LSE

Bears rule the roost on LSE

The Lahore stock on Monday continued the last week lacklustre condition in the absence of institutional or retail investors' interest and equities under the lead of blue chip registered losses amid a low trading activity.
Published 08 Jul, 2008 12:00am
BRIndex30 sheds 121.64 points

BRIndex30 sheds 121.64 points

On Monday, the BRIndex30 opened in the negative zone, at 12,680.18, with a downward gap of 101.03 points, and remained there for whole of the trading time, closing at 12,659.57 with a net negative change of -121.64 points, or -0.95 percent.
Published 08 Jul, 2008 12:00am
BRIndex30 sheds 121.64 points

BRIndex30 sheds 121.64 points

On Monday, the BRIndex30 opened in the negative zone, at 12,680.18, with a downward gap of 101.03 points, and remained there for whole of the trading time, closing at 12,659.57 with a net negative change of -121.64 points, or -0.95 percent.
Published 08 Jul, 2008 12:00am
KSE-100 index sheds 83 points as market gloom deepens

KSE-100 index sheds 83 points as market gloom deepens

Selling pressure continued at the Karachi share market on Monday and the KSE-100 index lost another 83.28 points to close at 11,878.38 points while the KSE-30 index declined by 123.98 points and settled at 13,728.54 points. The market started on a negativ
Published 08 Jul, 2008 12:00am
KSE-100 index sheds 83 points as market gloom deepens

KSE-100 index sheds 83 points as market gloom deepens

Selling pressure continued at the Karachi share market on Monday and the KSE-100 index lost another 83.28 points to close at 11,878.38 points while the KSE-30 index declined by 123.98 points and settled at 13,728.54 points. The market started on a negativ
Published 08 Jul, 2008 12:00am
KSE-100 index sheds 83 points as market gloom deepens

KSE-100 index sheds 83 points as market gloom deepens

Selling pressure continued at the Karachi share market on Monday and the KSE-100 index lost another 83.28 points to close at 11,878.38 points while the KSE-30 index declined by 123.98 points and settled at 13,728.54 points. The market started on a negativ
Published 08 Jul, 2008 12:00am
Overseas insurance companies: premiums liable to five percent WHT

Overseas insurance companies: premiums liable to five percent WHT

The insurance and reinsurance premium paid to overseas insurance companies would be liable to 5 percent withholding tax at the time of remittance of such payments abroad. Despite uniform withholding tax rate of 2 percent, the imports of gold, mobile telep
Published 08 Jul, 2008 12:00am
Overseas insurance companies: premiums liable to five percent WHT

Overseas insurance companies: premiums liable to five percent WHT

The insurance and reinsurance premium paid to overseas insurance companies would be liable to 5 percent withholding tax at the time of remittance of such payments abroad. Despite uniform withholding tax rate of 2 percent, the imports of gold, mobile telep
Published 08 Jul, 2008 12:00am
Overseas insurance companies: premiums liable to five percent WHT

Overseas insurance companies: premiums liable to five percent WHT

The insurance and reinsurance premium paid to overseas insurance companies would be liable to 5 percent withholding tax at the time of remittance of such payments abroad. Despite uniform withholding tax rate of 2 percent, the imports of gold, mobile telep
Published 08 Jul, 2008 12:00am
Advisor appointed to evaluate Pakistan Steel assets for IPO

Advisor appointed to evaluate Pakistan Steel assets for IPO

The government has appointed Riaz Ahmed & Company, a Karachi-based chartered accountant firm, as an advisor to evaluate Pakistan Steel Mills Corporation''''s (PSMC) assets to fix price per share for offering its 10 percent shares to the public.
Published 08 Jul, 2008 12:00am
Advisor appointed to evaluate Pakistan Steel assets for IPO

Advisor appointed to evaluate Pakistan Steel assets for IPO

The government has appointed Riaz Ahmed & Company, a Karachi-based chartered accountant firm, as an advisor to evaluate Pakistan Steel Mills Corporation''s (PSMC) assets to fix price per share for offering its 10 percent shares to the public.
Published 08 Jul, 2008 12:00am
Advisor appointed to evaluate Pakistan Steel assets for IPO

Advisor appointed to evaluate Pakistan Steel assets for IPO

The government has appointed Riaz Ahmed & Company, a Karachi-based chartered accountant firm, as an advisor to evaluate Pakistan Steel Mills Corporation's (PSMC) assets to fix price per share for offering its 10 percent shares to the public.
Published 08 Jul, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
Advisor appointed to evaluate Pakistan Steel assets for IPO

Advisor appointed to evaluate Pakistan Steel assets for IPO

The government has appointed Riaz Ahmed & Company, a Karachi-based chartered accountant firm, as an advisor to evaluate Pakistan Steel Mills Corporation's (PSMC) assets to fix price per share for offering its 10 percent shares to the public.
Published 08 Jul, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (July 07, 2008).

Published 08 Jul, 2008 12:00am
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