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Print - 2008-10-31
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
Opposition terms IMF package 'bitter pill'

Opposition terms IMF package 'bitter pill'

The combined opposition in Senate on Thursday demanded of the government to take the Parliament onboard while taking decisions on important national issues, including what it termed "bitter pill of the new IMF package" and privatising of important nationa
Published 31 Oct, 2008 12:00am
Schedule of Iesco mobile unit service

Schedule of Iesco mobile unit service

Islamabad Electric Supply Company (Iesco) through its Mobile Unit is providing services to the consumer at their doorstep in order to facilitate them. In this regard, Iesco Mobile Unit scheduled for November is as under.
Published 31 Oct, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Oct, 2008 12:00am
Board meetings in progress

Board meetings in progress

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

Published 31 Oct, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Oct, 2008 12:00am
Two killed in various incidents

Two killed in various incidents

At least two people were killed in different incidents across the metropolis on Thursday. Police sources told Business Recorder that Waseem son of Muhammad Saleem, resident of Sector D-16/7, Malir Extension Colony, and the student of Superior Scien
Published 31 Oct, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 31 Oct, 2008 12:00am
KESC plans to generate 50 megawatts electricity by next month

KESC plans to generate 50 megawatts electricity by next month

The Karachi Electric Supply Company (KESC) has planned to generate 50MW electricity by next month, which had never been done for a decade. This was stated by Naveed Ismail , CEO, KESC in a press conference held at a local hotel on Thursday.
Published 31 Oct, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
Japanese firm to invest $50 million in IT Park: Rauf

Japanese firm to invest $50 million in IT Park: Rauf

Sindh Minister for Commerce and Industries Rauf Siddiqui has said that the renowned Japanese IT firm DTS would invest 50 million dollar in the Information Technology (IT) Park project, besides providing 1,500 jobs.
Published 31 Oct, 2008 12:00am
Bomb hoax causes panic in hospital

Bomb hoax causes panic in hospital

Bomb hoax forced the evacuation of all patients from Federal Government Services Hospital (Poly Clinic) on Thursday and after more than one hour search by Bomb Disposal Squad (BDS) and other law enforcement agencies hospital was cleared.
Published 31 Oct, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 31 Oct, 2008 12:00am
MNA's death condoled

MNA's death condoled

Speaker, Fehmida Mirza, and Deputy Speaker Faisal Karim Kundi, of National Assembly have expressed their heartfelt condolence over the sad demise of MNA, Abdul Matin Khan. According to a press release of National Assembly Secretariat issued on Thursday, t
Published 31 Oct, 2008 12:00am
Plan for shifting steel furnaces out of Capital approved

Plan for shifting steel furnaces out of Capital approved

The plan of Pakistan Environmental Protection Agency (Pak-EPA)for shifting of the steel furnaces from the capital to new zone which would be indicated by the Capital Development Authority (CDA) within six weeks has been approved.
Published 31 Oct, 2008 12:00am
Islamic Relief helping survivors of disaster

Islamic Relief helping survivors of disaster

Aid is beginning to arrive in the devastated Ziyarat and Pishin region hit by earthquake on Wednesday morning as Islamic Relief aid workers are co-ordinating to assist the survivors of the disaster. An estimated 233 people lost lives and over 200 people w
Published 31 Oct, 2008 12:00am
Buner MNA passes away

Buner MNA passes away

National Assembly member from Buner Abdul Matin Khan died of cardiac arrest on Thursday. He was 64. According to details, Abdul Matin, who felt pain in his chest, was immediately rushed to Federal Government Services Hospital (Polyclinic) where he was pro
Published 31 Oct, 2008 12:00am
Government fully committed to helping earthquake victims: Kakar

Government fully committed to helping earthquake victims: Kakar

Federal Minister for Housing and Works Rehmatullah Kakar has reiterated the firm resolve and commitment of the federal government to utilize all available resources for rehabilitation of the earthquake affected people in Balochistan.
Published 31 Oct, 2008 12:00am
PPL rushes relief consignment for earthquake victims

PPL rushes relief consignment for earthquake victims

Pakistan Petroleum Limited (PPL) and Bolan Mining Enterprises (BME) have dispatched a relief consignment, comprising tents, blankets and foodstuff to Quetta, for the victims of earthquake of Ziarat, Pishin and Qilla Abdullah districts.
Published 31 Oct, 2008 12:00am
USC directed to send edibles to quake-hit areas

USC directed to send edibles to quake-hit areas

The federal government has directed the Utility Stores Corporation (USC) to dispatch ten thousand (10,000) bags containing food and kitchen items to earthquake affected areas of Balochistan.
Published 31 Oct, 2008 12:00am
35,000 people hit by quake, 3,375 displaced

35,000 people hit by quake, 3,375 displaced

Chairman, Lieutenant General Farooq Ahmed Khan (Retd), National Disaster Management Authority (NDMA), has said that over 35,000 people were affected by quake devastation, while 3,375 have been displaced in Balochistan. Relief operation is in full swing an
Published 31 Oct, 2008 12:00am
SIUT team leaves for Quetta

SIUT team leaves for Quetta

Eight members team of Sindh Institute of Urology and Transplantation (SIUT) under the leadership of Professor Adibul Hassan Rizvi left for Quetta to help the earthquake affected victims. This comprises Surgeons, Nephrologists, intensive care specialists a
Published 31 Oct, 2008 12:00am
Sherry ensures rescue & relief operations in quake-hit areas

Sherry ensures rescue & relief operations in quake-hit areas

The government is fully aware of its responsibilities and problems of people in earthquake affected districts of Balochistan and started rescue and relief operations soon after the disaster, said Sherry Rehman, Federal Minister for Information and Broadca
Published 31 Oct, 2008 12:00am
Fauji Group and OCP joint venture: King of Morocco inaugurates PMP plant

Fauji Group and OCP joint venture: King of Morocco inaugurates PMP plant

The King of Morocco Mohamed VI on Thursday formally inaugurated the Pakistan Maroc Phosphore (PMP), a joint venture between Fauji Group of Pakistan and OCP Group of Morocco. The project will ensure uninterrupted supply of phosphoric acid to Pakistan's onl
Published 31 Oct, 2008 12:00am
Isfahan Chamber emphasises more contacts between private sectors

Isfahan Chamber emphasises more contacts between private sectors

Senior Vice President, Isfahan Chamber of Commerce and Industry (ICCI) Iran, Jafar Zarreh Bini has emphasised the need of developing more contact between private sectors to boost two way trade. Speaking at a meeting of Karachi Chamber of Commerce and Indu
Published 31 Oct, 2008 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
SSGC earns Rs 991 million against Rs 290 million last year

SSGC earns Rs 991 million against Rs 290 million last year

The 54th annual general meeting (AGM) of Sui Southern Gas Company Limited (SSGC) was held here on Thursday to approve the annual financial statements for the fiscal year ending June 30, 2008. Salim Abbas Jilani, Chairman SSGC, presided over the meeting.
Published 31 Oct, 2008 12:00am
Progress of CSF activities reviewed

Progress of CSF activities reviewed

Hina Rabbani Khar, Special Assistant to the Prime Minister on Finance, Economic Affairs and Revenue and the chairperson of the Competitiveness Support Fund (CSF), on Thursday presided over a CSF Board meeting to review the progress of the Fund's activitie
Published 31 Oct, 2008 12:00am
Aftershocks create panic in quake-hit areas

Aftershocks create panic in quake-hit areas

Pakistan Meteorological Department (PMD) has confirmed aftershocks of 4.5 to 5 magnitudes on Richter scale in earthquake-hit Balochistan districts which claimed more than 200 lives. Over 250 aftershocks have been recorded after the devastating 6.4 magnitu
Published 31 Oct, 2008 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 31 Oct, 2008 12:00am
US risks overplaying hand with strikes

US risks overplaying hand with strikes

US strikes at militants in Pakistan are stoking Islamabad's anger at a time analysts say the two countries must work more closely to fight militants in the region along the border with Afghanistan. Government summoned US Ambassador Anne Peterson on Wednes
Published 31 Oct, 2008 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
PHSADC vows to set $100 million export target

PHSADC vows to set $100 million export target

The new management of Pakistan Hunting and Sporting Arms Development Company (PHSADC) vowed to bring the sector under regulations and set a target of 100 million dollars for annual export.
Published 31 Oct, 2008 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
Wide scope to increase trade with Pakistan: Turkish CG

Wide scope to increase trade with Pakistan: Turkish CG

The bilateral trade volume between Pakistan and Turkey has touched $600 million mark and there is much potential to increase the economic relations. These views were expressed by Fethi Etem, the Consul General of Turkey in Karachi while talking to media a
Published 31 Oct, 2008 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
'WTO economic model increases sufferings of humanity'

'WTO economic model increases sufferings of humanity'

Developed countries and World Trade Organisation (WTO) are again forcing the third world to accept Doha Development Round due to unending suspicions of member states, said Dr Murtaza Mughal, President, Pakistan Economy Watch on Thursday. WTO wants to abol
Published 31 Oct, 2008 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
Ghee prices reduced to Rs 98 per kg

Ghee prices reduced to Rs 98 per kg

The government in consultation with all the other stakeholders on Thursday reduced the ghee prices from Rs 120-140 per kg to Rs 98 per kg with immediate effect. The decision of reducing ghee prices was taken to rationalise prices of ghee in the local mark
Published 31 Oct, 2008 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (October 30, 2008).
Published 31 Oct, 2008 12:00am
Ghee prices reduced to Rs 98 per kg

Ghee prices reduced to Rs 98 per kg

The government in consultation with all the other stakeholders on Thursday reduced the ghee prices from Rs 120-140 per kg to Rs 98 per kg with immediate effect. The decision of reducing ghee prices was taken to rationalise prices of ghee in the local mark
Published 31 Oct, 2008 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
Ghee prices reduced to Rs 98 per kg

Ghee prices reduced to Rs 98 per kg

The government in consultation with all the other stakeholders on Thursday reduced the ghee prices from Rs 120-140 per kg to Rs 98 per kg with immediate effect. The decision of reducing ghee prices was taken to rationalise prices of ghee in the local mark
Published 31 Oct, 2008 12:00am
Progress of CSF activities reviewed

Progress of CSF activities reviewed

Hina Rabbani Khar, Special Assistant to the Prime Minister on Finance, Economic Affairs and Revenue and the chairperson of the Competitiveness Support Fund (CSF), on Thursday presided over a CSF Board meeting to review the progress of the Fund's activitie
Published 31 Oct, 2008 12:00am
Serial bomb blasts kill 68 in Assam state

Serial bomb blasts kill 68 in Assam state

Eleven bomb blasts in quick succession ripped through the main city of India's troubled north-eastern Assam state and three other towns on Thursday, killing at least 68 people and wounding 335, police said. No one has so far claimed responsibility for the
Published 31 Oct, 2008 12:00am
SSGC earns Rs 991 million against Rs 290 million last year

SSGC earns Rs 991 million against Rs 290 million last year

The 54th annual general meeting (AGM) of Sui Southern Gas Company Limited (SSGC) was held here on Thursday to approve the annual financial statements for the fiscal year ending June 30, 2008. Salim Abbas Jilani, Chairman SSGC, presided over the meeting.
Published 31 Oct, 2008 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
Need to increase expenditure on health stressed

Need to increase expenditure on health stressed

UK Paediatric Cardiologist, Dr Shakeel Qureshi, has said that countries having low GDP are facing more problems in health sector as compared to those of having high GDP, therefore, there is a dire need to increase health expenditure in order to cope up wi
Published 31 Oct, 2008 12:00am
Zardari defends locals' right over Balochistan resources

Zardari defends locals' right over Balochistan resources

People of Balochistan have the right over natural resources of the province and the government will develop those resources in a manner that will make the local people stakeholders and partners in the development projects, said President Asif Ali Zardari
Published 31 Oct, 2008 12:00am
FBR asked to withdraw sales tax audit restoration decision

FBR asked to withdraw sales tax audit restoration decision

President, Karachi Chamber of commerce and Industry (KCCI) Anjum Nisar has urged the chairman Federal Board of Revenue (FBR) Ahmed Waqar Chaudhry to withdraw the decision of restoration of all kinds of Sales Tax Audit in the best interests of the economy
Published 31 Oct, 2008 12:00am
KSE net income increased by 52 percent

KSE net income increased by 52 percent

The net income of Karachi Stock Exchange (KSE) has increased by 52 percent to Rs 771.728 million in the financial year ended June 30, 2008 as compared to Rs 507.721 million earned in the corresponding period in 2007.
Published 31 Oct, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
Serial bomb blasts kill 68 in Assam state

Serial bomb blasts kill 68 in Assam state

Eleven bomb blasts in quick succession ripped through the main city of India's troubled north-eastern Assam state and three other towns on Thursday, killing at least 68 people and wounding 335, police said. No one has so far claimed responsibility for the
Published 31 Oct, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
Progress of CSF activities reviewed

Progress of CSF activities reviewed

Hina Rabbani Khar, Special Assistant to the Prime Minister on Finance, Economic Affairs and Revenue and the chairperson of the Competitiveness Support Fund (CSF), on Thursday presided over a CSF Board meeting to review the progress of the Fund''s activiti
Published 31 Oct, 2008 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (October 30, 2008).

Published 31 Oct, 2008 12:00am
BBC Radio 2 chief quits over prank call furore

BBC Radio 2 chief quits over prank call furore

The head of BBC Radio 2 resigned on Thursday over offensive prank phone calls made by Russell Brand and Jonathan Ross to actor Andrew Sachs on Britain's most popular radio station. Lesley Douglas told BBC Director-General Mark Thompson that she took respo
Published 31 Oct, 2008 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

One wonders what makes Kamil Ali Agha think that bringing everything before the Parliament would necessarily mean good governance. He is mistaken in thinking so. All what is required is political will to bring about the desired change through strict imple
Published 31 Oct, 2008 12:00am
BBC Radio 2 chief quits over prank call furore

BBC Radio 2 chief quits over prank call furore

The head of BBC Radio 2 resigned on Thursday over offensive prank phone calls made by Russell Brand and Jonathan Ross to actor Andrew Sachs on Britain's most popular radio station. Lesley Douglas told BBC Director-General Mark Thompson that she took respo
Published 31 Oct, 2008 12:00am