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Print - 2008-07-11
First Apparel South Asia Conference in Colombo

First Apparel South Asia Conference in Colombo

Sri Lanka will host the first ever Apparel South Asia Conference on November 5 and 6, in Colombo on theme "Beyond 2010 - Challenges and Opportunities." It is the first unique annual event planned and executed to meet some of urgent needs of South Asian Ap
Published 11 Jul, 2008 12:00am
Skardu and Astore being linked via landline phone

Skardu and Astore being linked via landline phone

Special Communication Organisation (SCO) is actively working to link Skardu and Astore districts through landline phone facility. According to details, work on the project of laying modern cable in this regard is going on swiftly. On the other hand, SCO i
Published 11 Jul, 2008 12:00am
Minister asks Iesco officials to improve efficiency

Minister asks Iesco officials to improve efficiency

Minister for Water and Power Raja Pervez Ashraf on Thursday directed officials of Islamabad Electric Supply Company (IESCO) to improve their efficiency and make the company more consumer friendly.
Published 11 Jul, 2008 12:00am
Efforts on to provide relief to the poor in flood situation

Efforts on to provide relief to the poor in flood situation

Federal Flood Commission Chairman Dr I.B Sheikh has said the coalition government was making all out efforts for safeguarding lives and properties of the people through providing maximum relief to the poor in flood situation.
Published 11 Jul, 2008 12:00am
Pesticide industry to form new body

Pesticide industry to form new body

The elections for the general body of the Pakistan Crop Protection Association will be held on July 25, 2008. The goal of the new body is that new members are elected who can solve the problems facing the pesticides industry.
Published 11 Jul, 2008 12:00am
Agriculture scientists urged to educate growers on use of water

Agriculture scientists urged to educate growers on use of water

Chief Minister Balochistan, Nawab Muhammad Aslam Raisani has called upon agricultural scientists to educate growers on rational use of water, pesticides and quality seeds keeping in view water scarcity and dry weather conditions in the province.
Published 11 Jul, 2008 12:00am
PML-N stays away from lawyers rally

PML-N stays away from lawyers rally

The capital on Thursday witnessed charged legal community digging ashes from their virtually extinguished movement to ignite second leg of country-wide struggle to press the government for reinstatement of sacked judges by staging a protest demonstration
Published 11 Jul, 2008 12:00am
Lawyers boycott courts, stage rally

Lawyers boycott courts, stage rally

Lawyers' weekly protest demanding judges and the judiciary re-installed on Thursday boycotted the courts and staged a rally on The Mall. Speakers at the Lahore High Court Bar general meeting said their protest aimed at reminding the promise of the Parliam
Published 11 Jul, 2008 12:00am
Economic development: public-private sectors collaboration underlined

Economic development: public-private sectors collaboration underlined

Pakistan direly needs more infrastructural development projects with joint collaboration of the public and private sectors to accelerate economic development and the newly elected government is focusing its attention on public-private partnership (PPP).
Published 11 Jul, 2008 12:00am
The Weather

The Weather

The weather report on Thursday (July 10, 2008) and the forecast for Friday (July 11, 2008).

Published 11 Jul, 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 11 Jul, 2008 12:00am
LCCI for promoting trade and industry

LCCI for promoting trade and industry

The Lahore Chamber of Commerce and Industry will continue to play its role in promoting trade and industry, which is passing through a critical time in its history, Mohammad Ali Mian told newly elected office-bearers of the Anjuman-e-Tajiran Bilal Gunj at
Published 11 Jul, 2008 12:00am
LHC body takes disciplinary action against judges

LHC body takes disciplinary action against judges

The Administration Committee of the Lahore High Court, headed by Justice Sayed Zahid Hussain, has ordered disciplinary action against Multan's District and Sessions Civil Judge 1st Class Muhammad Arif, Rahim Yar Khan, Khalid Mehmood Warriach, Civil Judge-
Published 11 Jul, 2008 12:00am
ADB establishes fund for post-2012 carbon credits

ADB establishes fund for post-2012 carbon credits

The Asian Development Bank (ADB) has established a new fund using carbon credits generated beyond 2012 to provide urgently needed financing for clean energy projects in the Asia-Pacific region.
Published 11 Jul, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 10, 2008).

Published 11 Jul, 2008 12:00am
Afridi tribe signs agreement; promises good behaviour

Afridi tribe signs agreement; promises good behaviour

Fata Secretariat of the Governor NWFP Tuesday commented on the signing of a peace agreement in the region, saying that the Afridi tribes of Bara Tehsil, Khyber Agency has submitted a written undertaking to the political administration regarding the mainte
Published 11 Jul, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 10, 2008).

Published 11 Jul, 2008 12:00am
PSMA seeks chief minister help to develop sugarcane yield

PSMA seeks chief minister help to develop sugarcane yield

Pakistan's economic survival totally depends on agricultural research and development, which is getting importance with every passing day. The high prices of not only oil, but also the essential food commodities in the entire world have given a significan
Published 11 Jul, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (July 10, 2008).

Published 11 Jul, 2008 12:00am
Ufone introduces Call Block Service

Ufone introduces Call Block Service

For the first time in Pakistan, the Ufone prepaid customers now have the facility to block unwanted calls coming their way, says a press release.
Published 11 Jul, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (July 10, 2008) and for Friday (July 11, 2008).
Published 11 Jul, 2008 12:00am
JSIL announces financial results

JSIL announces financial results

JS Investments Limited (JSIL), (formerly JS Abamco Limited) has announced the financial results for Open End Funds (OEFs) under its management for the fiscal year ended June 30th, 2008.
Published 11 Jul, 2008 12:00am
JSIL announces financial results

JSIL announces financial results

JS Investments Limited (JSIL), (formerly JS Abamco Limited) has announced the financial results for Open End Funds (OEFs) under its management for the fiscal year ended June 30th, 2008.
Published 11 Jul, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 10, 2008).

Published 11 Jul, 2008 12:00am
Shazia Marri condoles with MPA

Shazia Marri condoles with MPA

The Sindh Minister for Information and Archives, Shazia Marri, on Thursday expressed profound grief and extended her deepest condolence over the sad demise of MPA, Farheen Mughal's mother-in-law. She visited Farheen's home and also offered fateha and pray
Published 11 Jul, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 10, 2008).

Published 11 Jul, 2008 12:00am
KCCI concerned over increasing trade deficit

KCCI concerned over increasing trade deficit

Senior Vice President, Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Shaikh has expressed concern over the increasing trade deficit and urged the government to take appropriate measure to control declining exports.
Published 11 Jul, 2008 12:00am
Decline in sale of mobile handsets

Decline in sale of mobile handsets

Customs duty of Rs 500 per imported mobile phone, and weakening rupee values against the dollar have led to a rise in the price of mobile handsets, traders said on Thursday. They said that while the price of an ordinary handset increased by Rs 250 to 500,
Published 11 Jul, 2008 12:00am
THE RUPEE: dollar weaker

THE RUPEE: dollar weaker

The rupee extended its gains against dollar in the currency market on Thursday, dealers said. In the interbank market, the rupee gained 27 paisa for buying at 71.18 and it also rose by 30 paisa for selling at 71.20, they added.
Published 11 Jul, 2008 12:00am
SPSC declares Liaquat as successful candidate

SPSC declares Liaquat as successful candidate

Additional Controller of Examinations, Sindh Public Service Commission, (SPSC), has declared Liaquat Ali, junior clerk (Special Secretary Board of Revenue Hyderabad) as a successful candidate in the Revenue Qualifying Examination. The examination held by
Published 11 Jul, 2008 12:00am
THE RUPEE: dollar weaker

THE RUPEE: dollar weaker

The rupee extended its gains against dollar in the currency market on Thursday, dealers said. In the interbank market, the rupee gained 27 paisa for buying at 71.18 and it also rose by 30 paisa for selling at 71.20, they added.
Published 11 Jul, 2008 12:00am
KCCI offices to remain closed today

KCCI offices to remain closed today

The Karachi Chamber of Commerce and Industry (KCCI) has decided to close its offices on Friday to express its solidarity with Faisalabad Chamber of Commerce and Industry (FCCI), says a press release.
Published 11 Jul, 2008 12:00am
Citibank holds 'Diversity Week'

Citibank holds 'Diversity Week'

Citibank Pakistan organised a 'Diversity Week' at its branches in Karachi, Hyderabad, Islamabad, Rawalpindi, Lahore, Gujranwala, Sialkot and Faisalabad as part of its ongoing commitment to fostering diversity within the bank.
Published 11 Jul, 2008 12:00am
IHC moved against increase in CNG prices

IHC moved against increase in CNG prices

A petition against the increase in Compressed Natural Gas (CNG) prices was filed at Islamabad High Court, here on Thursday. The petition was filed by Ashfaque Mohammad Chaudhry under Article 199 of the Constitution. The petitioner pleaded that CNG is a lo
Published 11 Jul, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (July 10, 2008).

Published 11 Jul, 2008 12:00am
IHC moved against increase in CNG prices

IHC moved against increase in CNG prices

A petition against the increase in Compressed Natural Gas (CNG) prices was filed at Islamabad High Court, here on Thursday. The petition was filed by Ashfaque Mohammad Chaudhry under Article 199 of the Constitution. The petitioner pleaded that CNG is a lo
Published 11 Jul, 2008 12:00am
IHC moved against increase in CNG prices

IHC moved against increase in CNG prices

A petition against the increase in Compressed Natural Gas (CNG) prices was filed at Islamabad High Court, here on Thursday. The petition was filed by Ashfaque Mohammad Chaudhry under Article 199 of the Constitution. The petitioner pleaded that CNG is a lo
Published 11 Jul, 2008 12:00am
Cabinet to be strengthened and reshuffled soon: Prime Minister

Cabinet to be strengthened and reshuffled soon: Prime Minister

Prime Minister Yusuf Raza Gilani said on Thursday the government would soon strengthen the cabinet, besides reshuffling the portfolios of ministers. Addressing the workers and office-bearers of Pakistan Peoples Party here, the Prime Minister said the numb
Published 11 Jul, 2008 12:00am
Cabinet to be strengthened and reshuffled soon: Prime Minister

Cabinet to be strengthened and reshuffled soon: Prime Minister

Prime Minister Yusuf Raza Gilani said on Thursday the government would soon strengthen the cabinet, besides reshuffling the portfolios of ministers. Addressing the workers and office-bearers of Pakistan Peoples Party here, the Prime Minister said the numb
Published 11 Jul, 2008 12:00am
Withholding agents'' audit planned

Withholding agents'' audit planned

The Federal Board of Revenue (FBR) has decided to conduct income tax audit of withholding agents for which criteria would be devised under the national audit plan. Sources told Business Recorder on Thursday that the audit would cover all categories
Published 11 Jul, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Jul, 2008 12:00am
Withholding agents' audit planned

Withholding agents' audit planned

The Federal Board of Revenue (FBR) has decided to conduct income tax audit of withholding agents for which criteria would be devised under the national audit plan. Sources told Business Recorder on Thursday that the audit would cover all categories
Published 11 Jul, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Jul, 2008 12:00am
Withholding agents' audit planned

Withholding agents' audit planned

The Federal Board of Revenue (FBR) has decided to conduct income tax audit of withholding agents for which criteria would be devised under the national audit plan. Sources told Business Recorder on Thursday that the audit would cover all categories
Published 11 Jul, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 Jul, 2008 12:00am
Three blasts kill seven in Kurram Agency

Three blasts kill seven in Kurram Agency

At least seven persons have been killed and 12 critically injured in three separate bomb explosions in different parts of Lower Kurram on Thursday. According to Assistant Political Agent, Lower Kurram, the first bomb went off in Arwali area in which three
Published 11 Jul, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (July 10, 2008).

Published 11 Jul, 2008 12:00am
Three blasts kill seven in Kurram Agency

Three blasts kill seven in Kurram Agency

At least seven persons have been killed and 12 critically injured in three separate bomb explosions in different parts of Lower Kurram on Thursday. According to Assistant Political Agent, Lower Kurram, the first bomb went off in Arwali area in which three
Published 11 Jul, 2008 12:00am
Rising integration among Asian economies to promote growth: ADB

Rising integration among Asian economies to promote growth: ADB

Increasing integration among Asian economies offers a new platform to promote growth, strengthen trade links and reduce poverty. This is good not only for Asia, but also for the US and the rest of the world, according to a new Asian Development Bank study
Published 11 Jul, 2008 12:00am
Sindh government removes additional AG and seven AAGs

Sindh government removes additional AG and seven AAGs

The Sindh government has removed Additional Advocate General Abbas Ali and Seven Assistant Advocate Generals, Qasim Mir Jatt, Agha Jaffer Hussain, Abdul Jabbar Lakho, Sabir Hyder, Mushtaq Ahmed Abbasi, Masood Ali Sammo, and Mahmood Khan Yusufi. Sindh Law
Published 11 Jul, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Jul, 2008 12:00am
Sindh government removes additional AG and seven AAGs

Sindh government removes additional AG and seven AAGs

The Sindh government has removed Additional Advocate General Abbas Ali and Seven Assistant Advocate Generals, Qasim Mir Jatt, Agha Jaffer Hussain, Abdul Jabbar Lakho, Sabir Hyder, Mushtaq Ahmed Abbasi, Masood Ali Sammo, and Mahmood Khan Yusufi. Sindh Law
Published 11 Jul, 2008 12:00am
Qaim pledges to provide jobs to unemployed

Qaim pledges to provide jobs to unemployed

Sindh Chief Minister Syed Qaim Ali Shah has said that present government is elected by the support of the masses and people have pinned great hopes in it.
Published 11 Jul, 2008 12:00am
Bids for Winder Dam construction to be opened on July 24

Bids for Winder Dam construction to be opened on July 24

Bids for the construction of the Winder Dam in Balochistan will open on July 24, said WAPDA member (Water) Syed Raghib Abbas Shah here on Thursday. He said special attention would be paid to enhance the pace of work on projects and more water and hydropow
Published 11 Jul, 2008 12:00am
Bids for Winder Dam construction to be opened on July 24

Bids for Winder Dam construction to be opened on July 24

Bids for the construction of the Winder Dam in Balochistan will open on July 24, said WAPDA member (Water) Syed Raghib Abbas Shah here on Thursday. He said special attention would be paid to enhance the pace of work on projects and more water and hydropow
Published 11 Jul, 2008 12:00am
Bids for Winder Dam construction to be opened on July 24

Bids for Winder Dam construction to be opened on July 24

Bids for the construction of the Winder Dam in Balochistan will open on July 24, said WAPDA member (Water) Syed Raghib Abbas Shah here on Thursday. He said special attention would be paid to enhance the pace of work on projects and more water and hydropow
Published 11 Jul, 2008 12:00am
Early completion of CRBC project stressed

Early completion of CRBC project stressed

Faisal Karim Kundi, Acting Speaker National Assembly on Thursday urged the concerned authorities to expedite efforts for the early completion of Chashma Right Bank Canal project (CRBC). He said this while presiding over a meeting convened to discuss compl
Published 11 Jul, 2008 12:00am
Troops move out of quake-hit areas

Troops move out of quake-hit areas

With October 8, 2008 approaching, troops have started moving out of the earthquake hit areas, gradually handing over the ownership of completed projects to the Civil Government. The initial pull out started with returning of bulk of 88 Brigade from Manseh
Published 11 Jul, 2008 12:00am
Troops move out of quake-hit areas

Troops move out of quake-hit areas

With October 8, 2008 approaching, troops have started moving out of the earthquake hit areas, gradually handing over the ownership of completed projects to the Civil Government. The initial pull out started with returning of bulk of 88 Brigade from Manseh
Published 11 Jul, 2008 12:00am
Obama urges to advance Pak-US partnership

Obama urges to advance Pak-US partnership

Democratic Presidential candidate Barack Obama has congratulated Pakistan's new ambassador to the United States Husain Haqqani on assuming his diplomatic assignment and vowed to work for advancing 'critical partnership' between the two nations.
Published 11 Jul, 2008 12:00am
Pakistan seeks UAE help to overcome energy crisis

Pakistan seeks UAE help to overcome energy crisis

Pakistan has sought assistance from the United Arab Emirates (UAE) to overcome ongoing energy crisis in the country and for the development of airline industry. Prime Minister Syed Yusuf Raza Gilani, who called on the UAE''s Vice-President and Prime Minis
Published 11 Jul, 2008 12:00am
Pakistan seeks UAE help to overcome energy crisis

Pakistan seeks UAE help to overcome energy crisis

Pakistan has sought assistance from the United Arab Emirates (UAE) to overcome ongoing energy crisis in the country and for the development of airline industry. Prime Minister Syed Yusuf Raza Gilani, who called on the UAE's Vice-President and Prime Minist
Published 11 Jul, 2008 12:00am
Pakistan seeks UAE help to overcome energy crisis

Pakistan seeks UAE help to overcome energy crisis

Pakistan has sought assistance from the United Arab Emirates (UAE) to overcome ongoing energy crisis in the country and for the development of airline industry. Prime Minister Syed Yusuf Raza Gilani, who called on the UAE's Vice-President and Prime Minist
Published 11 Jul, 2008 12:00am