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Nov 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-11-26
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 26 Nov, 2008 12:00am
Intel launches fastest desktop processor

Intel launches fastest desktop processor

Intel Pakistan Corporation on Tuesday introduced its most advanced desktop processor ever, the Intel(r) CoreTM i7 processor at a ceremony here at a local hotel.
Published 26 Nov, 2008 12:00am
In consequence of IMF package: FBR increases revenue target

In consequence of IMF package: FBR increases revenue target

Tight conditions of International Monetary Fund (IMF) for bailout package to Pakistan have been reflected in the policy of Federal Board of Revenue (FBR) as over Rs 100 billion was added in revenue collection target for the current fiscal year.
Published 26 Nov, 2008 12:00am
IMF package to pave way for economic stability: Shamshad

IMF package to pave way for economic stability: Shamshad

State Bank of Pakistan Governor Dr Shamshad Akhtar said here on Tuesday that the rescue package of the International Monitoring Fund (IMF) would help in maintaining economic stability in the country.
Published 26 Nov, 2008 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 26 Nov, 2008 12:00am
ACAAP Best Airline Awards Pakistan 2008

ACAAP Best Airline Awards Pakistan 2008

The ceremony of ACAAP Best Airline Awards Pakistan 2008 organised by the Air Cargo Agents Association of Pakistan was held on Monday. The top six airlines selected by the members of ACAAP for the Awards were:
Published 26 Nov, 2008 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 26 Nov, 2008 12:00am
New key visual for Automechanika 2010

New key visual for Automechanika 2010

Skyline of automobile parts symbolises internationality and the broad spectrum of products to be seen at the fair. Back in the summer, Messe Frankfurt invited several creative personalities to produce a new key visual for Automechanika 2010.
Published 26 Nov, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 25, 2008).

Published 26 Nov, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 25, 2008).

Published 26 Nov, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 25, 2008).

Published 26 Nov, 2008 12:00am
Cibes organises workshop for school principals

Cibes organises workshop for school principals

Commecs Institute of Business and Emerging Sciences (Cibes) organised a one-day workshop for school principals here recently. The programme was exclusively designed for the heads of the institutions with an objective- "Education with a Different Perspecti
Published 26 Nov, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (November 25, 2008)and for Wednesday (November 26, 2008).
Published 26 Nov, 2008 12:00am
CNG Conex 2008 rescheduled

CNG Conex 2008 rescheduled

The organisers of CNG Conex 2008 have rescheduled the event from December to January 14 & 15 2009 in Lahore. According to organisers here on Tuesday, the step has been taken to ensure better arrangements and strong participation of national and multinatio
Published 26 Nov, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 25, 2008).

Published 26 Nov, 2008 12:00am
CoAS visits IDEAS-2008

CoAS visits IDEAS-2008

The Chief of Army Staff (COAS), General Ashfaq Parvez Kayani visited the 5th International Defence Exhibition and Seminar (IDEAS 2008) at Karachi Expo Centre Pakistan. COAS visited various stalls and interacted with cross section of visitors and delegates
Published 26 Nov, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 25, 2008).

Published 26 Nov, 2008 12:00am
FPCCI team to meet Tarin on Friday

FPCCI team to meet Tarin on Friday

A delegation of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), as a representative of entire business community, has planned to meet Advisor to Prime Minister on Finance and Economic Affairs, Shaukat Tarin here on Friday to express the
Published 26 Nov, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 25, 2008).

Published 26 Nov, 2008 12:00am
Country to get out of economic crisis soon: Naveed

Country to get out of economic crisis soon: Naveed

Federal Minister for Privatisation Naveed Qamar has said that the higher interest rate will affect the investment, however the country will soon get out of economic crisis which is part of the global economic meltdown.
Published 26 Nov, 2008 12:00am
Pemra grants 10 new satellite TV channel licences

Pemra grants 10 new satellite TV channel licences

The Pakistan Electronic Media Regulatory Authority (Pemra) on Tuesday granted licences to 10 new satellite television channels, which include the country's First satellite TV channel for health-related services. Besides this, another TV channel for kids h
Published 26 Nov, 2008 12:00am
UN to confer top human rights award posthumously on Benazir

UN to confer top human rights award posthumously on Benazir

The United Nations has decided to confer its top human rights award posthumously on former Prime Minister Benazir Bhutto, who fought to promote democracy and fundamental freedoms in Pakistan, informed sources at UN Headquarters said Tuesday.
Published 26 Nov, 2008 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee touched the new high on the interbank market on Tuesday after the International Monetary Fund (IMF) approved a 7.6 billion dollars loan to avert a balance of payments crisis and the government defaulting on its international debt obligations.
Published 26 Nov, 2008 12:00am
Mubarak elected SCCI president unopposed

Mubarak elected SCCI president unopposed

Sharafat Ali Mubarak of the Associate Group and Mohammad Ishaq of the Corporate Group were elected unopposed as president and vice president of Sarhad Chamber of Commerce & Industry (SCCI). The newly elected president and vice president were the nominees
Published 26 Nov, 2008 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee touched the new high on the interbank market on Tuesday after the International Monetary Fund (IMF) approved a 7.6 billion dollars loan to avert a balance of payments crisis and the government defaulting on its international debt obligations.
Published 26 Nov, 2008 12:00am
'Taseer hatching conspiracies against Shahbaz'

'Taseer hatching conspiracies against Shahbaz'

PML-N has accused Governor Punjab Salman Taseer of hatching conspiracies against Chief Minister Shahbaz Sharif saying that the better performance of the provincial government has become an eyesore for the governor.
Published 26 Nov, 2008 12:00am
Polio eradication campaign launched

Polio eradication campaign launched

As per directions of the federa1 government, the Directorate of Health Services launched the door to door NID polio eradication campaign from November 24 to 26, with the collaboration of WHO and Unicef. During three days NID door to door polio campaign, t
Published 26 Nov, 2008 12:00am
Norway provides $45 million for MNCH project in Sindh

Norway provides $45 million for MNCH project in Sindh

Norwegian government has provided $45 million as technical assistance for Maternal Neonatal and Child Health (MNCH) project in Sindh. The Department for International Development (DFID) has provided pounds 90 million for the MNCH project.
Published 26 Nov, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (November 25, 2008).

Published 26 Nov, 2008 12:00am
Sindh environment minister visits DHA office

Sindh environment minister visits DHA office

Sindh Minister for Environment Hasan Askari Taqvi and MNA Khushbakht Shujaat visited DHA's Main Office on Tuesday and discussed various environmental issues and matters relating to public interest with the Administrator DHA, Brigadier Khalid Tirmizi.
Published 26 Nov, 2008 12:00am
Sherry arrives in UK

Sherry arrives in UK

Federal Minister for Information and Broadcasting Sherry Rehman arrived here on Tuesday on a three-day official visit at the invitation of the British Home Secretary Jacqui Smith. Besides her Ministerial meetings with Smith and Minister Foreign and Common
Published 26 Nov, 2008 12:00am
Seminar on Indo-Pak ties held

Seminar on Indo-Pak ties held

"Culture of peace must be promoted among the masses. Peace can not exist unless we on our own follow principles in conformity with the idea of peace." These views were presented by Association for Communal Harmony in Asia's Executive Director Dr Pritam Ro
Published 26 Nov, 2008 12:00am
Environment Ministry, Unido ink MoU

Environment Ministry, Unido ink MoU

The Environment Ministry and United Nations Industrial Development Organisation (Unido) on Tuesday inked a memorandum of understanding (MoU) for 'Institutional Capacity Enhancement for Clean Development Mechanism (CDM)' costing 674,610 dollar.
Published 26 Nov, 2008 12:00am
CDA generates Rs 1.5 billion through auction of plots

CDA generates Rs 1.5 billion through auction of plots

The Capital Development Authority (CDA) has generated Rs 1.5 billion by auctioning commercial, agriculture and residential plots in different sectors of federal capital. Talking to Business Recorder here on Tuesday, Saeed-ur-Rehman, Member Finance
Published 26 Nov, 2008 12:00am
Atlas Bank introduces 'Profit First'

Atlas Bank introduces 'Profit First'

Atlas Bank today introduced a new product called 'Profit First' - term deposits account that offers profit to customers in advance. The new product offers customers profit of Rs 16,125 upfront for every Rs 100,000 deposited for 18 months.
Published 26 Nov, 2008 12:00am
Modaraba Association elects office bearers

Modaraba Association elects office bearers

Muhammad Shoaib, CEO, First Habib Modaraba, has been elected as Chairman, and Murtaza Ahmed Ali, CEO, Allied Rental Modaraba, as Vice Chairman of Modaraba Association of Pakistan for the year 2008-09. The elections results were announced at the 15th annua
Published 26 Nov, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Nov, 2008 12:00am
Modaraba Association elects office bearers

Modaraba Association elects office bearers

Muhammad Shoaib, CEO, First Habib Modaraba, has been elected as Chairman, and Murtaza Ahmed Ali, CEO, Allied Rental Modaraba, as Vice Chairman of Modaraba Association of Pakistan for the year 2008-09. The elections results were announced at the 15th annua
Published 26 Nov, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Nov, 2008 12:00am
Labard fund-raising dinner today

Labard fund-raising dinner today

The Lahore Businessmen Association for the Rehabilitation of Disabled (Labard) is holding its annual fund raising dinner today (Wednesday). The fund-raising function, which would be attended by city elite, business leaders and top government functionaries
Published 26 Nov, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 26 Nov, 2008 12:00am
LHC adjourns proceedings against SHO

LHC adjourns proceedings against SHO

The Lahore High Court (LHC) adjourned the proceedings till December 02 as Regional Police Officer (RPO), Jhang, sought time for filling report about the action taken against the SHO police station Langarana Jhang. RPO informed the court that SHO police st
Published 26 Nov, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (November 25, 2008).

Published 26 Nov, 2008 12:00am
Unity, cohesion vital for prosperous future: Shahbaz

Unity, cohesion vital for prosperous future: Shahbaz

Punjab Chief Minister, Mian Muhammad Shahbaz Sharif has said that promotion of national integrity and harmony is the need of the hour, as unity and cohesion is the key to a prosperous future. He said that Pakistan was facing serious threats and instead of
Published 26 Nov, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 Nov, 2008 12:00am
Negative travel advisories hampering apparel exports

Negative travel advisories hampering apparel exports

Pakistan's apparel sector is being hit hard by negative advisories from across the western world for travel to Pakistan. "The travelling cost of the sector for marketing purposes has shot up to 300 percent, as no buyer is ready to visit Pakistan right now
Published 26 Nov, 2008 12:00am
No politician registered in LTU: Taseer

No politician registered in LTU: Taseer

Corporate Social Responsibility (CSR) refers to transparent business practices that are based on ethical values, compliance with legal requirements and respect for people, communities and the environment. These were the views expressed by the speakers at
Published 26 Nov, 2008 12:00am
Inquiry ordered into 'extra marks'

Inquiry ordered into 'extra marks'

Federal Directorate General of Education has ordered inquiry into the matter of allegedly giving 21 extra marks to Farah Hameed Dogar, daughter of Chief Justice Abdul Hameed Dogar, after re-assessment of papers in violation to rules of the Board of Interm
Published 26 Nov, 2008 12:00am
'Investment in education sector a way towards prosperity'

'Investment in education sector a way towards prosperity'

State Minister for Education, Ghulam Farid Kathia, has termed investment in education sector as crucial to put the country on prosperous way. He expressed these views while addressing at a national seminar titled "Fikr-e-Iqbal Ki Asri Maanwiat" organised
Published 26 Nov, 2008 12:00am
PML-N and PTI demand resignation of CJ Dogar

PML-N and PTI demand resignation of CJ Dogar

Pakistan Muslim League-N (PML-N) and Pakistan Tehreek-e-Insaf (PTI) have demanded immediate resignation of Chief Justice Abdul Hameed Dogar after what they said 'shameful' disclosure that his daughter's grade was improved from C to B in a gross violation
Published 26 Nov, 2008 12:00am
Government warned of likely suicide attacks

Government warned of likely suicide attacks

The intelligence agencies have warned of suicide attacks on ministries in the federal capital and airports in different cities including Islamabad, Karachi and Lahore during the current month, sources in the Interior Ministry told Business Recorder </i
Published 26 Nov, 2008 12:00am
Pakistan, India sign MoU to check smuggling of narcotics, fake currency

Pakistan, India sign MoU to check smuggling of narcotics, fake currency

Pakistan and India Tuesday inked a Memorandum of Understanding (MoU) to check smuggling of narcotics and fake currency between the two countries. The two sides also decided to formulate a joint mechanism to share intelligence information at different cros
Published 26 Nov, 2008 12:00am
Six killed in Kohat, Hangu attacks

Six killed in Kohat, Hangu attacks

Unidentified gunmen shot dead six people in two attacks on Tuesday which authorities said were aimed at igniting sectarian unrest in Kohat. The first attack in the garrison town of Kohat left three dead and another two injured, who belonged to Shia commun
Published 26 Nov, 2008 12:00am
Zardari vows to steer Pakistan out of hot waters

Zardari vows to steer Pakistan out of hot waters

President Asif Ali Zardari on Tuesday expressed his resolve to steer the country out of numerous challenges with the help and co-operation of people including the expatriate Pakistanis as well as the political and democratic forces.
Published 26 Nov, 2008 12:00am
Britain clamps down on forced marriages

Britain clamps down on forced marriages

Britain introduced a new law Tuesday bolstering rules against forced marriages, after Foreign Secretary David Miliband highlighted a case in Pakistan ahead of a visit to the south Asian country. The new law allows courts to stop forced marriages and provi
Published 26 Nov, 2008 12:00am
Britain clamps down on forced marriages

Britain clamps down on forced marriages

Britain introduced a new law Tuesday bolstering rules against forced marriages, after Foreign Secretary David Miliband highlighted a case in Pakistan ahead of a visit to the south Asian country. The new law allows courts to stop forced marriages and provi
Published 26 Nov, 2008 12:00am
US pressurising Pakistan to cancel locomotive deal with China

US pressurising Pakistan to cancel locomotive deal with China

Railways Minister Ghulam Ahmad Bilour presided over a lengthy meeting with senior Railway officials in Islamabad on Tuesday which was also attended by US embassy officials and some American engineers to reconsider Pakistan Railways'' contract with a Chine
Published 26 Nov, 2008 12:00am
US pressurising Pakistan to cancel locomotive deal with China

US pressurising Pakistan to cancel locomotive deal with China

Railways Minister Ghulam Ahmad Bilour presided over a lengthy meeting with senior Railway officials in Islamabad on Tuesday which was also attended by US embassy officials and some American engineers to reconsider Pakistan Railways' contract with a Chines
Published 26 Nov, 2008 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Tuesday (November 25, 2008).

Published 26 Nov, 2008 12:00am
US pressurising Pakistan to cancel locomotive deal with China

US pressurising Pakistan to cancel locomotive deal with China

Railways Minister Ghulam Ahmad Bilour presided over a lengthy meeting with senior Railway officials in Islamabad on Tuesday which was also attended by US embassy officials and some American engineers to reconsider Pakistan Railways' contract with a Chines
Published 26 Nov, 2008 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Tuesday (November 25, 2008).

Published 26 Nov, 2008 12:00am
Six militants killed in Bajaur

Six militants killed in Bajaur

At least six Taliban militants were killed overnight as the Pakistani army moved close to militants hideouts in a restive tribal region bordering Afghanistan, an official said Tuesday. The six were killed in Bajaur, where Pakistani troops have been engage
Published 26 Nov, 2008 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Tuesday (November 25, 2008).

Published 26 Nov, 2008 12:00am
Six militants killed in Bajaur

Six militants killed in Bajaur

At least six Taliban militants were killed overnight as the Pakistani army moved close to militants hideouts in a restive tribal region bordering Afghanistan, an official said Tuesday. The six were killed in Bajaur, where Pakistani troops have been engage
Published 26 Nov, 2008 12:00am
India may review rules on basmati exports

India may review rules on basmati exports

India may review its export tax on basmati rice and allow overseas sales at a lower price as it is losing market share to neighbour Pakistan, a trade official said on Tuesday. India in April imposed an export duty of $200 on a tonne of basmati rice and ra
Published 26 Nov, 2008 12:00am
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