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Print - 2008-09-23
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (September 22, 2008) and for Tuesday (September 23, 2008).
Published 23 Sep, 2008 12:00am
Chemicals godown gutted

Chemicals godown gutted

Fire broke out in a chemicals godown at Circular road in the jurisdiction of Akbari Gate police station, here on Monday. Fire service sources told APP that drums and bags of chemicals were stocked in the godown which caught fire due to the leakage of some
Published 23 Sep, 2008 12:00am
Pakistan to hold two investment conferences in China

Pakistan to hold two investment conferences in China

In order to lure Chinese investors, Pakistan is scheduled to hold two investment conferences in the month of November this year. These conferences are part of Pakistan government's efforts to attract FDI from China in terms of latest policy initiative of
Published 23 Sep, 2008 12:00am
Kamal orders round the year anti-mosquito spray

Kamal orders round the year anti-mosquito spray

City District Government Karachi, after completing spray campaign in 18 Towns before Eid-ul-Fitr, has chalked out a programme for wide scale spray in and around Masajids, Imambargahs, parks, drains besides city's all commercial plazas, business and shoppi
Published 23 Sep, 2008 12:00am
DNA report of three charred bodies sent to Danish, Egyptian missions

DNA report of three charred bodies sent to Danish, Egyptian missions

Pakistan Institute of Medical Sciences (Pims) administration on Monday has sent the DNA test report of three unidentified burnt bodies lying in the hospital. Pims spokesman Dr Waseem Khwaja told Business Recorder that officials of Danish and Egypti
Published 23 Sep, 2008 12:00am
Signing ceremony for execution of trust deed of BMGF, BCPF held

Signing ceremony for execution of trust deed of BMGF, BCPF held

The signing ceremony for the execution of the trust deed of the BMA Merewether Growth Fund (BMGF) and the BMA Capital Protected Fund (BCPF) between BMA Asset Management Company Limited (BMA Funds) and Muslim Commercial Financial Services (Pvt) Limited was
Published 23 Sep, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 22, 2008).

Published 23 Sep, 2008 12:00am
Marriott staffers to get double salary this month: Hashvani

Marriott staffers to get double salary this month: Hashvani

All the staffers of Marriott Hotel Islamabad would be paid two-month advance salary during this month while they would also continue getting salaries until the hotel starts operation in three months. "I am not worried about the hotel, but that saddens me
Published 23 Sep, 2008 12:00am
Brohi case appeal adjourned

Brohi case appeal adjourned

A bench of Supreme Court of Pakistan on Monday adjourned hearing of an appeal filed by state against acquittal of police officers in Rasool Bux Brohi murder case. The bench comprised Justice Moosa K. Leghari, Justice Zawwar Hussain Jafri and Justice Sarma
Published 23 Sep, 2008 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (September 22, 2008).

Published 23 Sep, 2008 12:00am
ABL management, Workers Federation reach accord

ABL management, Workers Federation reach accord

The management of Allied Bank announced Monday to have reached a settlement with ABL Workers Federation, recently. The settlement is to be implemented only after the litigation is withdrawn and writ petition is disposed of as per terms stated in the settl
Published 23 Sep, 2008 12:00am
PML-N against renaming of NWFP on linguistic, ethnic basis

PML-N against renaming of NWFP on linguistic, ethnic basis

Central leader of PML (N) and former Chief Minister NWFP, Sardar Mehtab Ahmed Khan has said on Monday that amendments in constitution were required for renaming the frontier province however, he opposed the idea of renaming the province on linguistic and
Published 23 Sep, 2008 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (September 22, 2008).

Published 23 Sep, 2008 12:00am
Zardari deserves time: NYT

Zardari deserves time: NYT

An influential American newspaper on Monday cautioned the Bush administration against attacks inside Pakistani territory and called for devising a policy that bolsters Pakistan's civilian government while enlisting its full support in the fight against ex
Published 23 Sep, 2008 12:00am
Pakistan ranks 62nd in global IT competitiveness index

Pakistan ranks 62nd in global IT competitiveness index

Pakistan ranks 62 in the world in the 2008 Information Technology (IT) industry competitiveness index, falling two place; from its 2007 ranking of 60 in the index. In comparison, most neighbouring South Asian countries were ranked more favourably; for exa
Published 23 Sep, 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 (September 22, 2008).

Published 23 Sep, 2008 12:00am
EyeTV to buy-back shares worth over Rs 225 million

EyeTV to buy-back shares worth over Rs 225 million

The board of directors of Eye Television Network Limited has decided to buy-back 4.8 million ordinary shares of Rs 10 each from the existing shareholders at a price of Rs 47 per ordinary share, aggregating to Rs 225.60 million subject to the approval of t
Published 23 Sep, 2008 12:00am
Hailey College to launch graduates directory on September 24

Hailey College to launch graduates directory on September 24

A directory of the pioneer graduating batch of MBA Insurance and Risk Management session 2005-07 of The Hailey College of Banking and Finance will be launched at the college premises on Wednesday, September 24.
Published 23 Sep, 2008 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (September 22, 2008).

Published 23 Sep, 2008 12:00am
Islamabad suicide blast condemned

Islamabad suicide blast condemned

A leader of Pakistan People's Party, Muhammad Amir Khan, Advocate, while condemning the suicide attacks in the country said that no religion allows blood game. Talking to APP here on Monday he said that those who are carrying such nefarious designs are no
Published 23 Sep, 2008 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (September 22, 2008).

Published 23 Sep, 2008 12:00am
Establishment of day-care centre hailed

Establishment of day-care centre hailed

Female workers have appreciated the Ministry of Population Welfare for setting up a day-care centre in its building called "Population House". They said it had been their long-standing demand to have the facility in the ministry's building where they coul
Published 23 Sep, 2008 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (September 22, 2008).

Published 23 Sep, 2008 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (September 22, 2008).

Published 23 Sep, 2008 12:00am
Service agreement signed

Service agreement signed

Bank Alfalah Ltd and Alfalah Insurance Company have entered into a service agreement. The contract was signed between Parvez A. Shahid, Co-chairman CMC, Bank Alfalah Ltd and Nasar-us-Samad Qureshi, CEO Alfalah Insurance Company. S. M. Talib Rizvi, Group H
Published 23 Sep, 2008 12:00am
Law ministry appoints DAGs, counsels

Law ministry appoints DAGs, counsels

The Ministry of Law and Justice, on the direction of President Asif Ali Zardari, has appointed Khawaja Noor Mustafa as Multan Deputy Attorney General and Rana Javed Akhtar and Javed Iqbal Ansari as the standing counsels. The government has issued a notifi
Published 23 Sep, 2008 12:00am
Diesel, kerosene oil prices hike criticised

Diesel, kerosene oil prices hike criticised

The businessmen, oil paint manufacturers, transporters and citizens have rejected a recent increase in prices of diesel and kerosene oil, and assailed the government for constantly raising oil prices. They said that the recent change in prices was unfavou
Published 23 Sep, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 22, 2008).

Published 23 Sep, 2008 12:00am
YDA vows to continue protest

YDA vows to continue protest

The Young Doctors' Association (YDA), Multan, on Monday vowed to continue protest till the fulfilment of its demands, said a press release. A meeting of the association's representatives was held here under the chairmanship of Dr Salman Waris, president o
Published 23 Sep, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 22, 2008).

Published 23 Sep, 2008 12:00am
Lawyers to observe 'Yaume Iftikhar' today

Lawyers to observe 'Yaume Iftikhar' today

The lawyers will observe 'Yaume Iftikhar' on Tuesday during which the bar councils and bar associations would hold meetings to renew their pledge to see Iftikhar Muhammad Chaudhry back to the office of Chief Justice Pakistan.
Published 23 Sep, 2008 12:00am
No change in Punjab government, PPP assures PML-N

No change in Punjab government, PPP assures PML-N

President Asif Ali Zardari has assured Punjab Chief Minister and President of PML (N) Shahbaz Sharif that PPP would not destabilise the present coalition government in Punjab and that it (PPP) "wants to bury the hatchet". This assurance was conveyed by PP
Published 23 Sep, 2008 12:00am
Marriot inferno exposes Islamabad Fire Brigade service

Marriot inferno exposes Islamabad Fire Brigade service

The fire brigade, upgraded in 2005 with a cost of Rs 650 million, failed to control fire after the powerful terrorist attack took place at Marriot Hotel on Saturday last. Business Recorder team tried to contact Momin Agha, a responsible senior offi
Published 23 Sep, 2008 12:00am
THE RUPEE: all-out fall

THE RUPEE: all-out fall

Falling trend continued on the currency market on Monday as the rupee fell against both US dollar and euro, dealers said. In the interbank market, the rupee shed 10 paisa against dollar for buying at 78.20 and it lost five paisa for selling at 78.25, they
Published 23 Sep, 2008 12:00am
Government condemns kidnapping of Farahi

Government condemns kidnapping of Farahi

The Government of Pakistan strongly condemned the kidnapping of Abdul Khaliq Farahi, Consul General of Afghanistan in Peshawar and the Ambassador-designate to Pakistan on Monday afternoon in Hayatabad area, Peshawar. In the unfortunate incident, the drive
Published 23 Sep, 2008 12:00am
THE RUPEE: all-out fall

THE RUPEE: all-out fall

Falling trend continued on the currency market on Monday as the rupee fell against both US dollar and euro, dealers said. In the interbank market, the rupee shed 10 paisa against dollar for buying at 78.20 and it lost five paisa for selling at 78.25, they
Published 23 Sep, 2008 12:00am
FBR plans steps to check corrupt practices of tax officials

FBR plans steps to check corrupt practices of tax officials

The Federal Board of Revenue (FBR) may transfer Vigilance Unit of Directorate General of Intelligence and Investigation to the headquarters for effective monitoring of tax officials and vigilance of key revenue collection stations.
Published 23 Sep, 2008 12:00am
PML-N wants to help government improve law and order situation: Nawaz

PML-N wants to help government improve law and order situation: Nawaz

Pakistan Muslim League-Nawaz (PML-N) Chief Mian Nawaz Sharif has said that his party wanted to help government to improve the law and order situation and protect life and property of the people. He was talking to mediamen at the Allama Iqbal Airport, Laho
Published 23 Sep, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (September 22, 2008).

Published 23 Sep, 2008 12:00am
'NGOs to be encouraged to work for poverty eradication'

'NGOs to be encouraged to work for poverty eradication'

Sindh Minister for Women Development Tauqir Fatima Bhutto has said that PPP government was working on multi-dimensional strategy for encouraging non-government organisations (NGOs) to work for the eradication of poverty from the society.
Published 23 Sep, 2008 12:00am
'Parliament will formulate policy on war against terrorism'

'Parliament will formulate policy on war against terrorism'

Pakistan People's Party Senator, Babar Awan has said the government will arrange a briefing on security issue for both houses of the parliament soon. In an interview to BBC radio, he said, "We are going to arrange a briefing on security issues for both ho
Published 23 Sep, 2008 12:00am
Nation urged to unite against terrorists

Nation urged to unite against terrorists

Advisor to Prime Minister on Interior, Rehman Malik has urged the nation to unite against anti-Pakistan forces who want to destabilise the country's sovereignty and integrity. Talking to VOA he said, "I clearly said that this war is being waged by our ene
Published 23 Sep, 2008 12:00am
Rescuers complete search operation at Marriott hotel

Rescuers complete search operation at Marriott hotel

The investigators and rescuers after Saturday's deadly Marriott Hotel blast have completed the search operation of 298 rooms, halls, kitchens and restaurants. But the forensic experts were still busy in their assessment work in the operation.
Published 23 Sep, 2008 12:00am
Hearing against raise in power tariff adjourned

Hearing against raise in power tariff adjourned

The Lahore High Court (LHC) adjourned to October 07 the proceedings in some identical petitions challenging increased in electricity tariff as the law officer failed to appear before the court. The court, however, allowed the government to issue increased
Published 23 Sep, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Sep, 2008 12:00am
LHC for a report against police highhandedness

LHC for a report against police highhandedness

The Lahore High Court (LHC) on Monday directed Civil Judge Saeed Ahmad Awan, SP Shoaib Khurram with a report on September 27 in a suo moto proceedings taken against police highhandedness of releasing accused who had allegedly committed theft in the house
Published 23 Sep, 2008 12:00am
Board meetings in progress

Board meetings in progress

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

Published 23 Sep, 2008 12:00am
'Discharge downstream Sukkur barrage cut to 17,000 cusecs'

'Discharge downstream Sukkur barrage cut to 17,000 cusecs'

The Chief Engineer Irrigation Kotri Barrage Hyderabad Manzoor Ahmed Shaikh here today has informed that due to abrupt fall, the discharge downstream Sukkur Barrage has reduced to 17000 cusecs, which might further reduce in next few days.
Published 23 Sep, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Sep, 2008 12:00am
Workers rally apposes move to sell Qadirpur gas field

Workers rally apposes move to sell Qadirpur gas field

The Oil and Gas Development Company (OGDC) employees union on Monday held a protest rally against Qadirpur gas field's proposed sell-off in front of its head office in Blue Area and demanded of the government to refrain from depriving the company of its g
Published 23 Sep, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Sep, 2008 12:00am
M H Panhwar chair set up at Sindh University

M H Panhwar chair set up at Sindh University

Sindh University, Jamshoro has setup M. H. Panhwar Chair at it Allama I. I. Kazi Campus in order to continue the noble cause of genius and legend scholar Late Muhammad Hussain Panhwar. Vice Chancellor Sindh University Mazharul Haq Siddiqui has approved th
Published 23 Sep, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (September 22, 2008).

Published 23 Sep, 2008 12:00am
DAUS clarification

DAUS clarification

The Director Admissions University of Sindh (DAUS) has clarified for information to all concerned students that University has been offering admissions 4-year BS degree programme and also in M.A in English Literature and Linguistic separately under Instit
Published 23 Sep, 2008 12:00am
IIUI employees for early release of grant

IIUI employees for early release of grant

The employees of International Islamic University Islamabad (IIUI) have demanded of the government to release grant to enable the university to pay salaries before Eid. Addressing a peace conference, here on Monday, the university's office bearers includi
Published 23 Sep, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Sep, 2008 12:00am
136 needy students get HEC-JICA scholarships

136 needy students get HEC-JICA scholarships

One hundred and thirty six scholarships have been awarded to needy students of the public sector universities under the scheme 'HEC-JICA Need-based Scholarships' bringing the total number of these scholarships to 1150.
Published 23 Sep, 2008 12:00am
Four criminals arrested

Four criminals arrested

The Investigation Police, Naseerabad have busted a gang of criminals involved in a number of dacoity and street crimes arrested four of its members. A Punjab Police spokesman said on Monday that the police recovered 32 cell phones worth Rs 500, 000 and il
Published 23 Sep, 2008 12:00am
12th Fifa fair play day marked

12th Fifa fair play day marked

'Fair play always has its own rewards even if the game is lost, while victory hold no value, if achieved unfairly or dishonestly therefore, one must nurture courage and character to be a fair player.' The General Secretary, Pakistan Football Federation (P
Published 23 Sep, 2008 12:00am
PGCL pays Rs 337 million to CDA

PGCL pays Rs 337 million to CDA

Pak Gulf Construction (Pvt) Ltd (PGCL) has paid additional sum of Rs 337 million to the Capital Development Authority (CDA) as its scheduled instalment against a plot in the federal capital where the company is constructing a mega complex 'The Centaurus'.
Published 23 Sep, 2008 12:00am
Master plan for sewerage system in DHA evaluated

Master plan for sewerage system in DHA evaluated

A meeting chaired by Defence Housing Authority (DHA) Administrator Brigadier Khalid Tirmizi was held at DHA's main office to evaluate and approve the contours and design efficacy of a master plan for revamping and upgradation of entire sewerage system in
Published 23 Sep, 2008 12:00am
Petition hearing against PML-Q workers' arrest adjourned

Petition hearing against PML-Q workers' arrest adjourned

Lahore High Court (LHC) on Monday adjourned hearing of a petition by opposition leader in Punjab Assembly, Chaudhry Zaheer-ud-Din against the alleged arrest of 200 PML-Q workers. District Police Officers (DPOs) of Gujarat and Mandi Baha-ud-Din appeared be
Published 23 Sep, 2008 12:00am
Criminals abroad: need stressed for strict laws to check movement

Criminals abroad: need stressed for strict laws to check movement

A UK judge Dr Amir Ali Majid stressed the need of making strict laws to check the movement of criminals abroad. Dr Amir, Judge Emigration, UK, delivering lecture on "Dishonouring Pakistan should be a crime" here at the LHCBA, said some criminals travellin
Published 23 Sep, 2008 12:00am
Supreme Court orders Ministry to implement FST verdict

Supreme Court orders Ministry to implement FST verdict

The Supreme Court of Pakistan here on Monday ordered the Education Ministry to immediately implement Federal Services Tribunal's verdict for promotion of a female director to BPS-20 and submit a compliance report.
Published 23 Sep, 2008 12:00am
Judicial system's success or failure links to lawyers' performance: CJP

Judicial system's success or failure links to lawyers' performance: CJP

The success or failure of the judicial system is directly linked to the performance of lawyers. No effort aimed at improving the system can be fruitful if it does not account the role of lawyers, said Chief Justice Abdul Hameed Dogar while addressing the
Published 23 Sep, 2008 12:00am