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Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-09-04
US copper lower

US copper lower

US copper futures closed lower on Tuesday, after touching their lowest levels in seven months, as a sharp sell-off in crude oil triggered a wave of liquidation in the broader commodity complex, analysts said. Copper for December delivery shed 11.40 cents
Published 04 Sep, 2008 12:00am
Industrial metals rise

Industrial metals rise

Copper gained 1 percent on Wednesday as bargain hunters took advantage of lower prices following declines triggered by a stronger dollar. But a fall in oil prices and the dollar's strength against the euro, coupled with rising inventories highlighting dem
Published 04 Sep, 2008 12:00am
Oil slips on soft demand, Gustav threat passes

Oil slips on soft demand, Gustav threat passes

Oil prices fell slightly to below $109 a barrel Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the US oil sector would recover quickly from Hurricane Gustav. US crude traded down 36 cents to settle at
Published 04 Sep, 2008 12:00am
US gold ends with sharp losses

US gold ends with sharp losses

US gold and other precious metals ended with steep losses on Tuesday, falling earlier with crude oil prices as Hurricane Gustav weakened without causing major damage to Gulf Coast oil rigs, traders said. December gold finished 2.96 percent, or $24.70 lowe
Published 04 Sep, 2008 12:00am
Malaysian tin gains

Malaysian tin gains

Malaysian tin closed 1.9 percent higher on Wednesday after a firmer close on the London Metal Exchange and as seller stayed on the sidelines following steep losses in the previous session, one dealer said.
Published 04 Sep, 2008 12:00am
US rice futures slide

US rice futures slide

US rough rice futures on the Chicago Board of Trade dived on Tuesday on spillover selling from the weakness in other commodity markets, traders said. As crude oil dived the dollar rallied - both bearish inputs for commodities. September rice ended 75 cent
Published 04 Sep, 2008 12:00am
London sugar, coffee fall

London sugar, coffee fall

Sugar prices eased on Wednesday, depressed by a stronger dollar and weaker oil, although dealers noted a pick-up in physical demand. Coffee prices also fell although cocoa was higher in a modest rebound after the steep losses of the last few days.
Published 04 Sep, 2008 12:00am
European gold pares losses on bargain hunting

European gold pares losses on bargain hunting

Gold pared early losses on Wednesday to rise back above $800 an ounce, on strong physical buying by jewellers lured by recent price falls. Early on Wednesday, gold had dropped to a two-week low of $789.05 an ounce due to a strong dollar and weak oil price
Published 04 Sep, 2008 12:00am
US MIDDAY: cocoa up, coffee down

US MIDDAY: cocoa up, coffee down

Arabica coffee futures trading on ICE continued lower early on Wednesday as the dollar moved higher, while US cocoa turned higher on a short-covering boost, traders said. December coffee down 0.35 cent at $1.441 per lb by 9:23 am EDT (1323 GMT).
Published 04 Sep, 2008 12:00am
US MIDDAY: sugar steadies

US MIDDAY: sugar steadies

October raw sugar up 0.01 cent at 12.72 cents per lb early on Wednesday. The morning range was 12.51 to 12.75 cents. Volume at 14,294 lots. Sugar traders turning their early focus to Oct/March rollovers, with thin outright volumes due to another weaker st
Published 04 Sep, 2008 12:00am
US MIDDAY: wheat rises

US MIDDAY: wheat rises

Wheat futures on the Chicago Board of Trade climbed to the day's highs past midday on Wednesday, buoyed by news of US wheat sales to Egypt and short-covering, traders said. As of 12:28 pm CDT (1728 GMT), CBOT December wheat was up 12-1/4 cents at $7.79 pe
Published 04 Sep, 2008 12:00am
US MIDDAY: soyabeans fall

US MIDDAY: soyabeans fall

Soybean futures on the Chicago Board of Trade fell farther early on Wednesday following declines in crude oil, with sales accelerating as the bellwether November soy contract dropped below Tuesday's low, traders said. As of 10 am CDT (1500 GMT), November
Published 04 Sep, 2008 12:00am
US MIDDAY: copper soars

US MIDDAY: copper soars

US copper futures rose early Wednesday in a moderate short-covering bounce that seemed likely to falter due to surrounding weakness in other commodity markets and a still-uncertain demand outlook for the metal, traders said.
Published 04 Sep, 2008 12:00am
US MIDDAY: gold slips

US MIDDAY: gold slips

US gold and other precious metals continued their day-earlier declines on Wednesday, dragged down by a drop in oil prices and further gains by the dollar against the euro, but trading bands were constrained and support held, traders said. December was dow
Published 04 Sep, 2008 12:00am
France sends relief goods to Bajaur

France sends relief goods to Bajaur

The French Government has provided relief goods to 12000 internally displaced people of Bajaur Agency who fled the area for the camps set-up in Dir Lower, Malakand and Mardan after security forces operation against the militants. The IDPs have been provid
Published 04 Sep, 2008 12:00am
Efforts on to set up industrial estate for overseas Pakistanis

Efforts on to set up industrial estate for overseas Pakistanis

The Overseas Pakistanis Foundation (OPF) is working to set up an industrial estate for Overseas Pakistanis at Motorway (M-II) Chakri Interchange Rawalpindi to provide investment opportunities to overseas investors. In this regard, the Foundation had alrea
Published 04 Sep, 2008 12:00am
7.4kg heroin seized at Jinnah airport

7.4kg heroin seized at Jinnah airport

The staff of drug enforcement cell of this collectorate posted at international departure, Jinnah international airport in continuation of its efforts against the menace of drug traffickers, seized an aggregate quantity of 7.4 kg of heroin powder in diffe
Published 04 Sep, 2008 12:00am
CCPO awards cash prizes to three officials

CCPO awards cash prizes to three officials

Capital City Police Officer, Muhammad Pervez Rathore has awarded cash prizes and commendatory certificates to three officials of Mujahid Squad namely Head constable Allah Ditta, Ghulam Murtaza and driver Muhammad Imran for arrest of a dacoit. As per detai
Published 04 Sep, 2008 12:00am
Mukhtaran Mai demands legislation to curb crimes against women

Mukhtaran Mai demands legislation to curb crimes against women

The renowned social worker Mukhtaran Mai has said that despite tall claims of the government to root out anti-women practices, yet violence against women was increasing. They were being disfigured by throwing acid, by chopping their noses, ears, and arms.
Published 04 Sep, 2008 12:00am
'Save the nation from humiliation and disgrace'

'Save the nation from humiliation and disgrace'

Once Pakistan had become a laughing stock of the transplant world when it earned the infamous title of 'the cheapest organ bazaar of the world'. Poor vendors from Sargodha and other areas in Punjab were being exploited to sell their kidneys for merely Rs
Published 04 Sep, 2008 12:00am
'Prices of essential items increased by 100 percent'

'Prices of essential items increased by 100 percent'

Though the government has announced the Ramazan Package to ensure the smooth supply of essential commodities on subsidised prices, unfortunately the prices of essential items have been increased by 100 per cent on the very first day of the holy month of R
Published 04 Sep, 2008 12:00am
Fishermen hail decision to set up one-window facility

Fishermen hail decision to set up one-window facility

Fishermen community has hailed the decision of setting up one-window facility to fishermen on high seas near Manora channel. In a press release of Karachi Fish Harbour Authority (KFHA) issued here on Wednesday, the community has thanked the Sindh Minister
Published 04 Sep, 2008 12:00am
Nadia Gabol for abolishing jirga system

Nadia Gabol for abolishing jirga system

Sindh Minister for Human Rights, Ms Nadia Gabol, has called for abolishing the jirga system. A statement issued here on Wednesday said that the minister has sent a summary to the Sindh Chief Minister in this respect with the request to approach the federa
Published 04 Sep, 2008 12:00am
Need stressed to implement laws for pollution-free atmosphere

Need stressed to implement laws for pollution-free atmosphere

Pollution of different kinds was increasing in Pakistan and there was need of implementing the relevant laws in letter and spirit to make healthy environment in the country. Department of Medicine Professor Dr Muhammad Khalid Shaikh expressed his concern
Published 04 Sep, 2008 12:00am
Burying women alive: moderates shocked over defending barbaric act

Burying women alive: moderates shocked over defending barbaric act

"It is shocking to note that a Senator had defended the barbaric act of burying three woman alive as a tribal custom. No religion or civilised society tolerates such an inhuman act; rather it is a social evil and matter of grave concern that needs the att
Published 04 Sep, 2008 12:00am
Sinking economy awaits quick decisions

Sinking economy awaits quick decisions

"Democratic government has a great responsibility to the people of the country to attend to the miseries and problems faced by them either in the form of sinking economy or containing inflation by determining their causes by a team of professionals and ta
Published 04 Sep, 2008 12:00am
Destruction of Kenya forest is national emergency

Destruction of Kenya forest is national emergency

Maasai goatherd Joseph Nkolia points dismissively at two shallow pools, the only water in a parched stream west of the Kenyan town of Narok. "It rained yesterday and look at it," he says. "Two years ago it used to flow strongly through here. Now I often h
Published 04 Sep, 2008 12:00am
Christians cower from Hindu backlash in India's east

Christians cower from Hindu backlash in India's east

On a starry night last week, as Lal Mohan Digal prepared to go to bed, a mob of raging, machete-wielding Hindu zealots appeared above the hills of his mud house and swarmed over this bucolic hamlet in eastern India. By dawn, Christian homes in the village
Published 04 Sep, 2008 12:00am
Synthesis of bourses

Synthesis of bourses

We had opened up our bourses to the international investors a few years back as a measure of [partial] capital account convertibility. As per one newspaper report, equities valuing $3 billion or 25 percent of the "free float" are currently held by the for
Published 04 Sep, 2008 12:00am
Putting our act together

Putting our act together

With the advent of Ramazan fighting in the troubled north-west is expectedly winding down, but as to the present state of militancy in the embattled areas two somewhat mismatching pictures have begun to emerge. According to ISPR chief Major General Athar
Published 04 Sep, 2008 12:00am
Our precarious fiscal position

Our precarious fiscal position

The provisional figures on the fiscal outcome for the year 2007-08, released by the Ministry of Finance, confirm our worst fears that public finances of the country are in a state of crisis. According to the consolidated data on budgetary operations, the
Published 04 Sep, 2008 12:00am
Farmers urged to work hard for more yields

Farmers urged to work hard for more yields

Multi-purpose agriculture farming is a great source to increase growers' income, said an agriculture EDO Dr Mian Shafiq Muhammad. Addressing the farmers at village Chak 255 GB, Tuesday, he said those who had started farming such as dairy farming, poultry
Published 04 Sep, 2008 12:00am
Flower shops cases adjourned till October 5

Flower shops cases adjourned till October 5

The Lahore High Court has adjourned till October 05 the proceedings in some identical petitions filed against sealing of flower shops by Miani Sahib Graveyard administration as law officer informed the court that the matter would be resolved within one mo
Published 04 Sep, 2008 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

It was almost the entire Senate revolted against leader of the opposition Kamil Ali Agha on Wednesday. He was left almost alone and even the lawmakers from his "so called" political party-the PML (Q)- were least bothered when he boycotted the session. He
Published 04 Sep, 2008 12:00am
Firing on Prime Minister's cavalcade condemned

Firing on Prime Minister's cavalcade condemned

Punjab Senior Minister, Raja Riaz Ahmad, Excise and Taxation Minister, Mian Mujtaba Shuja-ur-Rehman and Minister for Finance Punjab, Tanvir Ashraf Kaira have condemned the incident of firing on cavalcade of the Prime Minister, Syed Yousaf Raza Gilani term
Published 04 Sep, 2008 12:00am
Residential sectors: CDA fails to initiate development work

Residential sectors: CDA fails to initiate development work

The Capital Development Authority (CDA) has failed to initiate development work in five residential sectors despite receiving extra charges from the allottees. Sources in CDA told Business Recorder on Wednesday that development works in sectors D-1
Published 04 Sep, 2008 12:00am
LHC orders for coercive measures against director administration FDA

LHC orders for coercive measures against director administration FDA

Justice Hafiz Tariq Nasim of the Lahore High Court (LHC), ordered for coercive measures be adopted if the director administration/additional director general Faisalabad Development Authority (FDA) refused again to appear before the court on September 15.
Published 04 Sep, 2008 12:00am
Power load shedding echoes in NWFP Assembly

Power load shedding echoes in NWFP Assembly

The excessive electricity load shedding, started by the Water and Power Development Authority (Wapda) once again echoed in NWFP Assembly, compelling the government to ask the federal government for grant of respite to the people of the province.
Published 04 Sep, 2008 12:00am
Presidential elections: JI to accept results to avoid martial law: Qazi

Presidential elections: JI to accept results to avoid martial law: Qazi

Jama'at-e-Islami Ameer Qazi Hussain Ahmed has said that they will accept the results of presidential elections because they do not want confrontation as it will only lead to martial law. He said that the presidential elections were part of democratic proc
Published 04 Sep, 2008 12:00am
Education, health care: Punjab seeks financial, technical help from DFIs

Education, health care: Punjab seeks financial, technical help from DFIs

The Punjab government, led by Pakistan Muslim League-Nawaz President Mian Mohammad Shahbaz Sharif, is striving for provision of quality education and health facilities to the masses without any discrimination and looking for financial and technical assist
Published 04 Sep, 2008 12:00am
Government to start evening shift at courts soon

Government to start evening shift at courts soon

Minister for Law Justice and Human Rights Farooq H. Naek on Wednesday said the government would soon start evening shift courts across the country for immediate relief to people. "The government will soon start evening shift courts across the country to p
Published 04 Sep, 2008 12:00am
LHC orders director schools to appear on September 8

LHC orders director schools to appear on September 8

The Lahore High Court (LHC) has ordered the Director Schools, Pakistan Railways to appear on September 08 positively in a petition of a terminated lady teacher and observed that the courts do not summon peoples to see their faces but the purpose of summon
Published 04 Sep, 2008 12:00am
Power tariff petition hearing on September 15

Power tariff petition hearing on September 15

The Lahore High Court (LHC) has admitted a petition for regular hearing filed against 31 percent increase in electricity tariff issued notices to the respondents for a hearing on September 15. The court also directed the office to fix the petition with ot
Published 04 Sep, 2008 12:00am
Facilities for disabled at parks, buildings urged

Facilities for disabled at parks, buildings urged

Lahore Businessmen Association for Rehabilitation of Disabled (Labard) has urged the government to arrange proper facilities for the disabled in the public parks and buildings. Labard members in its governing body meeting said that humanitarians could pla
Published 04 Sep, 2008 12:00am
Defence Day to be celebrated with zeal on September 6

Defence Day to be celebrated with zeal on September 6

The government of Pakistan has decided to celebrate defence day of Pakistan on September 06, across the country with zeal and fervour. The programmes formulated for the day would reflect national unity, integrity and solidarity of Pakistan in particular,
Published 04 Sep, 2008 12:00am
Phasing out of 2-stroke rickshaws opposed

Phasing out of 2-stroke rickshaws opposed

Chairman of Banking and Insurance Sub-Committee of Karachi Chamber of Commerce and Industry (KCCI) Kamran Ilahi has urged the government not to phase out old two-stroke rickshaws.
Published 04 Sep, 2008 12:00am
Latest Oracle Audit Vault released

Latest Oracle Audit Vault released

The organisations in Pakistan can secure all their enterprise databases and address regulatory requirements using Oracle(r) Audit Vault Release 10.2.3 which is now available across the world.
Published 04 Sep, 2008 12:00am
Power tariff rise to escalate cost of production: FPCCI

Power tariff rise to escalate cost of production: FPCCI

Tanvir A Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly reacted on the decision to increase the power tariff by 31 percent. President FPCCI said that the increase in electricity charges would ultimately esc
Published 04 Sep, 2008 12:00am
Global Haly appoints Colliers International as sales representative

Global Haly appoints Colliers International as sales representative

The Global Haly Development Ltd has appointed the Colliers International as their official sales representative in Pakistan for their landmark shopping mall and office complex project on Creekside. The project worth of $250m is being developed in Defence
Published 04 Sep, 2008 12:00am
Investment tax scheme unlikely to give desired results: ITBA

Investment tax scheme unlikely to give desired results: ITBA

The newly introduced Investment Tax Scheme (ITS), 2008 by the Federal Board of Revenue (FBR) is unlikely to provide desired results owing to complex procedure. Talking to Business Recorder on Wednesday, Abdul Qadir Memon, President, Income Tax Bar
Published 04 Sep, 2008 12:00am
38,500 tonnes Russian wheat arrives

38,500 tonnes Russian wheat arrives

A ship namely Shinyo Intigrity carrying 38,500 tonnes wheat imported from Russia, reached Port Qasim on Wednesday. Trading Corporation of Pakistan Chairman Muhammad Saeed along with Shahid Hussain Raja additional secretary, Minfal visited the port and wit
Published 04 Sep, 2008 12:00am
Federal government sets new deadline for boat modifications

Federal government sets new deadline for boat modifications

For lifting the EU ban from Pakistan's seafood export, the federal government has set a new deadline for boat modifications, asking the provincial government to produce 100 modified large boats by the end of September this year, officials told Business
Published 04 Sep, 2008 12:00am
LHC PRO to be given official residence

LHC PRO to be given official residence

The Lahore High Court Public Relation Officer would be given official residence within two weeks under took estate officer Umer Farooq before the Lahore High Court and court adjourned the proceedings accordingly.
Published 04 Sep, 2008 12:00am
2,677 teachers to be appointed in Attock

2,677 teachers to be appointed in Attock

As many as 2,677 teachers would be inducted in the government schools of district Attock. According to a press release of Education Department Punjab, the appointment process would begin during the current month and it would be completed on October 31.
Published 04 Sep, 2008 12:00am
UBL, EFU form strategic alliance

UBL, EFU form strategic alliance

United Bank Limited (UBL) and EFU Life have entered into a Strategic Alliance for bancassurance. Under this arrangement, UBL will distribute EFU Life's savings, retirement and protection products to its rapidly expanding customer base.
Published 04 Sep, 2008 12:00am
Emaar Pakistan signs accord with Paragon Construction

Emaar Pakistan signs accord with Paragon Construction

Emaar Pakistan, the country-subsidiary of global property developer Emaar Properties PJSC, has awarded the piling work contract for towers in plot 7 & 8 within Crescent Bay to Paragon Construction, a leading Pakistani company.
Published 04 Sep, 2008 12:00am
PPP workers condemn attempt on Gilani's life

PPP workers condemn attempt on Gilani's life

Hundreds of workers of PPP came out of their homes after listening the news of murderous attempt on Prime Minister Syed Yousaf Raza Gilan. They shouted slogans "Jeevay Jeevay Gilani, and Jeevay Jeevay Zardari" etc. A demonstration was held at Chowk Dera A
Published 04 Sep, 2008 12:00am
Need to strengthen parliamentary system stressed

Need to strengthen parliamentary system stressed

Pakistan Muslim League-N Secretary General International Affairs Sheikh Kaiser Mehmood has called for taking steps for strengthening parliamentary system to effectively face the challenges by the country. Mehmood said here Wednesday that the PPP should pl
Published 04 Sep, 2008 12:00am
ANP condemns opening of NAB cases against Nawaz

ANP condemns opening of NAB cases against Nawaz

Awami National Party (ANP) has criticised the opening of cases by NAB against PML (N) leader Mian Nawaz Sharif. This was stated by the spokesperson of ANP Zahid Khan in interview to the private channel. He warned that such steps could severely derail the
Published 04 Sep, 2008 12:00am
The Weather

The Weather

The weather report on Wednesday (September 03, 2008) and the forecast for Thursday (September 04, 2008).

Published 04 Sep, 2008 12:00am
Five-member USAID team visits UAF

Five-member USAID team visits UAF

A 5-members delegation of USAID Pakistan headed by Timothy K. Ekin, Team leader Pakistan Food and Agriculture, Systems Study visited University of Agriculture, Faisalabad (UAF) on Wednesday. The purpose of the visit to obtain maximum information regarding
Published 04 Sep, 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 04 Sep, 2008 12:00am
Liver disease centre to be set up at DHQ Hospital

Liver disease centre to be set up at DHQ Hospital

An emergency liver disease centre will be set up at DHQ Hospital Toba Tek Singh in holy month of Ramazan for hepatitis patients of the district. This was announced by chairman Faisalabad Liver Centre and Punjab Medical College Professor of Medicine Dr Zah
Published 04 Sep, 2008 12:00am
German defence team due today

German defence team due today

A twenty eight member German defence delegation led by the Defence Minister of Germany, Dr Farnz Josef Jung will be arriving on Thursday on a two-day visit to Pakistan, the Defence Ministry said. During its stay in Pakistan, the delegation will hold meeti
Published 04 Sep, 2008 12:00am
Agriculture sector faces urea shortage

Agriculture sector faces urea shortage

Agriculture sector is facing shortage of urea fertilisers, which would affect the production of crops particularly rice, a major crop of agri sector. "Urea is a very important fertiliser for growth of crops and its shortage would have bad impact on produc
Published 04 Sep, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 03, 2008).

Published 04 Sep, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 03, 2008).

Published 04 Sep, 2008 12:00am
HBL workers' problems to be resolved soon

HBL workers' problems to be resolved soon

The outstanding problems of the Habib Bank Limited (HBL) workers would be resolved soon. This was stated by the patron of the Habib bank Workers Front of Pakistan, Habibuddin Junidi, here on Wednesday.
Published 04 Sep, 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 (September 03, 2008).

Published 04 Sep, 2008 12:00am
IHC issues notices to SSP, SHO in illegal detention case

IHC issues notices to SSP, SHO in illegal detention case

The Islamabad High Court on Wednesday issued notices to Senior Superintendent of Police and SHO Abpara police station in a case filed by Khalid Khawja, President Defence of Human Rights, against his illegal detention by the police. A single bench of Chief
Published 04 Sep, 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, (September 04, 2008).

Published 04 Sep, 2008 12:00am
Ambassador Munir Akram bids farewell

Ambassador Munir Akram bids farewell

Pakistan's outgoing Ambassador to the United Nations, Munir Akram gave a largely attended farewell reception at the Pakistani Mission on Tuesday night. United Nation General Assembly (UNGA) President Srgjan Kerim led a distinguished line up of guests, inc
Published 04 Sep, 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, (September 04, 2008).

Published 04 Sep, 2008 12:00am
David Cameron calls on Mehmood Qureshi

David Cameron calls on Mehmood Qureshi

The British Conservative Party leader, David Cameron, who is on a two-day visit to Pakistan, called on the Foreign Minister, Shah Mehmood Qureshi on Wednesday, the foreign ministry said. During the meeting, views were exchanged on the Pak-UK bilateral rel
Published 04 Sep, 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, (September 04, 2008).

Published 04 Sep, 2008 12:00am
Load shedding continues during Sehar, Iftar

Load shedding continues during Sehar, Iftar

Load-shedding was continued to observe during Sehar and Iftar timings in different parts of the city in clear negation of the government's policy. The inhabitants of Hayatabad, University Town, Charsadda Road Gulbela Sub-Division, Saddar, Kohat Road told
Published 04 Sep, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 03, 2008).

Published 04 Sep, 2008 12:00am
Increase in power rates condemned

Increase in power rates condemned

Well-known industrialists and President Young Entrepreneurs Organisation (YEO) Syed Umer Nazar Shah, criticising the decision taken by the government regarding 31 percent increase in the power rates, has termed it as "dangerous" for the industries and sai
Published 04 Sep, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (September 03, 2008) and for Thursday (September 04, 2008).
Published 04 Sep, 2008 12:00am
MB Abbasi acquitted

MB Abbasi acquitted

The Supreme Court on Tuesday exonerated M B Abbasi, who was Chairman of National Development Finance Corporation (NDFC), from allegedly granting financial facility of Rs 40 million in 1994 in violation of rules and regulations.
Published 04 Sep, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 03, 2008).

Published 04 Sep, 2008 12:00am
Iran urged to close offices on disputed Island

Iran urged to close offices on disputed Island

Gulf Arab countries urged Iran at a meeting late on Tuesday to remove the offices it has installed on a disputed island in the strategic Gulf waterway and backed the United Arab Emirates' claim to the territories. The condemnation came in the closing stat
Published 04 Sep, 2008 12:00am
Iran urged to close offices on disputed Island

Iran urged to close offices on disputed Island

Gulf Arab countries urged Iran at a meeting late on Tuesday to remove the offices it has installed on a disputed island in the strategic Gulf waterway and backed the United Arab Emirates' claim to the territories. The condemnation came in the closing stat
Published 04 Sep, 2008 12:00am
High level panel of economists formed

High level panel of economists formed

Recognising the urgent need for an integrated development package to face the current economic challenges, a high level panel of economists of the country has been formed in the Planning Commission (PC). The panel is also tasked to assist in the preparati
Published 04 Sep, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 03, 2008).

Published 04 Sep, 2008 12:00am
High level panel of economists formed

High level panel of economists formed

Recognising the urgent need for an integrated development package to face the current economic challenges, a high level panel of economists of the country has been formed in the Planning Commission (PC). The panel is also tasked to assist in the preparati
Published 04 Sep, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 03, 2008).

Published 04 Sep, 2008 12:00am
High level panel of economists formed

High level panel of economists formed

Recognising the urgent need for an integrated development package to face the current economic challenges, a high level panel of economists of the country has been formed in the Planning Commission (PC). The panel is also tasked to assist in the preparati
Published 04 Sep, 2008 12:00am
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