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Print - 2009-01-27
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (January 26, 2009).

Published 27 Jan, 2009 12:00am
NA-42 constituency deprived of BISP forms

NA-42 constituency deprived of BISP forms

The National Assembly constituency NA-42 South Waziristan agency has been deprived of the forms of Benazir Income Support Program (BISP) as the constituency has no representation in the National Assembly due to non holding of the elections in the constitu
Published 27 Jan, 2009 12:00am
Germany assures Pakistan of access to European market

Germany assures Pakistan of access to European market

German State Secretary for Foreign Affairs Reinhard Silberberg has promised Pakistan to play its due role in the European Union for access of Pakistani goods to the European Market. The assurance came at a meeting held with Foreign Minister Shah Mehmood Q
Published 27 Jan, 2009 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (January 26, 2009).

Published 27 Jan, 2009 12:00am
NWFP government has no writ over 90 percent of its areas, says Bilour

NWFP government has no writ over 90 percent of its areas, says Bilour

Senator Ilyas Bilour of Awami National Party (ANP) on Monday disclosed that there is no writ of provincial government in 90 percent areas of NWFP and sought the centre intervention to help the provincial authorities re-establish government writ in the ent
Published 27 Jan, 2009 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (January 26, 2009).

Published 27 Jan, 2009 12:00am
TCP violating PPRA rules for hiring services

TCP violating PPRA rules for hiring services

The Trading Corporation of Pakistan (TCP) is violating Public Procurement Rules, 2004 (PPR-2004) in procuring services for handling and transportation of imported commodities like wheat, fertiliser, rice, sugar, etc to upcountry destinations.
Published 27 Jan, 2009 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (January 26, 2009).

Published 27 Jan, 2009 12:00am
500 new leprosy cases reported

500 new leprosy cases reported

At least 500 new patients of Leprosy are reported from all over the country, however it is believed that there are more than 20,000 patients of Leprosy in the country, who are unaware about the disease.
Published 27 Jan, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (January 26, 2009).

Published 27 Jan, 2009 12:00am
National Assembly body approves Stock Exchanges Bill 2008

National Assembly body approves Stock Exchanges Bill 2008

National Assembly (NA) Standing Committee on Finance and Revenue on Monday approved the Stock Exchanges (Corporatisation, Demutualization and Integration) Bill 2008 in consultation with all three stock exchanges.
Published 27 Jan, 2009 12:00am
Proceeding against exhibition of Indian films adjourned

Proceeding against exhibition of Indian films adjourned

Lahore High Court (LHC) on Monday adjourned to January 28 the proceeding of case of exhibition of Indian movies in Pakistan as counsel of a cinema owner sought time to file comments on his application to become party in the case.
Published 27 Jan, 2009 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 17TH January, 2009.

Published 27 Jan, 2009 12:00am
18 additional district, sessions judges sworn in

18 additional district, sessions judges sworn in

Registrar Lahore High Court on Monday administered oath to 18 additional district and sessions judges of the province in a simple but impressive ceremony held in Committee Room of the high court.
Published 27 Jan, 2009 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 17TH January, 2009.

Published 27 Jan, 2009 12:00am
Ufone's three-minute package

Ufone's three-minute package

Ufone has introduced a 3 minute package to offer the lowest ever call rates on three minute, said a press release issued here on Monday. The package enables the users to enjoy the three minutes call for Rs 2 only, namely one- minute call for 66 paisas. Uf
Published 27 Jan, 2009 12:00am
Fehmida, Kundi condemn killing of Yousfi

Fehmida, Kundi condemn killing of Yousfi

Dr Fehmida Mirza, Speaker and Faisal Karim Kundi, Deputy Speaker, National Assembly Monday strongly condemned the assassination of Ali Hussain Yousfi, Leader of Hazara Democratic Party by the unknown assailants in Quetta on Monday.
Published 27 Jan, 2009 12:00am
SECP approves amalgamation of KCL, NLCL into KBL

SECP approves amalgamation of KCL, NLCL into KBL

The Securities and Exchange Commission of Pakistan (SECP) has approved the schemes of amalgamation of KASB Capital Limited (KCL) and Network Leasing Corporation Limited (NLCL) with and into KASB Bank Limited (KBL).
Published 27 Jan, 2009 12:00am
President grieved over death of Dr Dani

President grieved over death of Dr Dani

President Asif Ali Zardari on Monday expressed his profound grief over the sad demise of country's noted authority on South Asian archaeology and history Dr Ahmad Hasan Dani. President Zardari paid rich tributes to late Professor Dani, 89, and described h
Published 27 Jan, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 26, 2009).

Published 27 Jan, 2009 12:00am
Taseer calls on Zardari

Taseer calls on Zardari

Governor Punjab Salmaan Taseer, called on President Asif Ali Zardari here Monday and briefed him about socio-political and economic situation of Punjab and apprised him of ongoing development activities in different areas of the Province, a press release
Published 27 Jan, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 26, 2009).

Published 27 Jan, 2009 12:00am
Condolence meeting at Karachi University

Condolence meeting at Karachi University

A condolence meeting was held on Monday to condole the sad demise of Anam Zebra, a student of Economics in the Evening Program of Karachi University, who was killed when a over speeding truck ran over her Saturday.
Published 27 Jan, 2009 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

No one seems to have believed Minister for Water and Power Raja Pervez Asharf and Advisor to Prime Minister on Interior Rehman Malik that power crisis would end by December 2009 and law and order situation in Swat would improve in few days. Even coalition
Published 27 Jan, 2009 12:00am
THE RUPEE: firm trend seen

THE RUPEE: firm trend seen

Firm trend was seen on the interbank market on Monday as the rupee inched up versus the dollar, rising five paisa for buying at 78.95 while it did not show any change for selling at 79.05, dealers said. Balanced demand and supply of the US currency helped
Published 27 Jan, 2009 12:00am
I am ready to be killed if Taliban stop bloodshed: Asfandyar

I am ready to be killed if Taliban stop bloodshed: Asfandyar

Central president Awami National Party (ANP) Asfandyar Wali Khan has said on Monday that he was ready to offer himself to Taliban for killing if they provided a guarantee that they would stop bloodshed after that.
Published 27 Jan, 2009 12:00am
THE RUPEE: firm trend seen

THE RUPEE: firm trend seen

Firm trend was seen on the interbank market on Monday as the rupee inched up versus the dollar, rising five paisa for buying at 78.95 while it did not show any change for selling at 79.05, dealers said. Balanced demand and supply of the US currency helped
Published 27 Jan, 2009 12:00am
Swat, tribal areas: government claim of improving law, order rejected

Swat, tribal areas: government claim of improving law, order rejected

The government claims of doing enough for restoring peace and improving law and order in tribal areas and Swat was rejected by the treasury and opposition members in the National Assembly amid words of warning that the two areas have already fallen to the
Published 27 Jan, 2009 12:00am
First nursing education department established at AIMC

First nursing education department established at AIMC

With a view to providing higher education and practical training to nurses, the first Nursing Education Department was set up at Allama Iqbal Medical College (AIMC) Lahore. Dr Ghazzala Shaheen has been appointed its Project Director.
Published 27 Jan, 2009 12:00am
Customs destroys foreign liquors, contraband items

Customs destroys foreign liquors, contraband items

Model Customs Collectorate (MCC), Rawalpindi on Monday destroyed huge quantity of foreign liquor, banned goods/medicines, pirated CDs and other banned items. On the occasion of the International Customs Day, MCC Rawalpindi has arranged a function at the I
Published 27 Jan, 2009 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Monday (January 26, 2009).

Published 27 Jan, 2009 12:00am
'Business community needs better support from CDA'

'Business community needs better support from CDA'

Local business community is playing an important role for the promotion and expansion of business and economic activities in the federal capital, but they are facing many problems in smooth pursuit of their efforts.
Published 27 Jan, 2009 12:00am
Microloans given to over 106 million families in 2007: report

Microloans given to over 106 million families in 2007: report

More than 106 million of the world's families living in extreme poverty received micro loans in 2007 to start or expand a range of tiny businesses to remote villages, surpassing a goal set ten years earlier, according to a Microcredit Summit Campaign repo
Published 27 Jan, 2009 12:00am
Pakistan signs IARR treaty

Pakistan signs IARR treaty

Pakistan on Monday participated in the signing ceremony of the founding treaty of the International Agency for Renewable Resources (IARR) in Bonn (Germany), says a press release issued here. Pakistan was represented by AEDB Chief Executive Arif Alauddin a
Published 27 Jan, 2009 12:00am
Pakistan signs IARR treaty

Pakistan signs IARR treaty

Pakistan on Monday participated in the signing ceremony of the founding treaty of the International Agency for Renewable Resources (IARR) in Bonn (Germany), says a press release issued here. Pakistan was represented by AEDB Chief Executive Arif Alauddin a
Published 27 Jan, 2009 12:00am
Pakistan signs IARR treaty

Pakistan signs IARR treaty

Pakistan on Monday participated in the signing ceremony of the founding treaty of the International Agency for Renewable Resources (IARR) in Bonn (Germany), says a press release issued here. Pakistan was represented by AEDB Chief Executive Arif Alauddin a
Published 27 Jan, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 27 Jan, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (January 26, 2009).

Published 27 Jan, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 27 Jan, 2009 12:00am
Financial crisis claims government, 85,000 jobs

Financial crisis claims government, 85,000 jobs

Companies forecast more than 85,000 job cuts in a single day as the rampant financial crisis hit workers in factories and offices across the globe and brought down a government on Monday. In a sign of the deepening social impact of the US-born crisis, sev
Published 27 Jan, 2009 12:00am
Financial crisis claims government, 85,000 jobs

Financial crisis claims government, 85,000 jobs

Companies forecast more than 85,000 job cuts in a single day as the rampant financial crisis hit workers in factories and offices across the globe and brought down a government on Monday. In a sign of the deepening social impact of the US-born crisis, sev
Published 27 Jan, 2009 12:00am
Financial crisis claims government, 85,000 jobs

Financial crisis claims government, 85,000 jobs

Companies forecast more than 85,000 job cuts in a single day as the rampant financial crisis hit workers in factories and offices across the globe and brought down a government on Monday. In a sign of the deepening social impact of the US-born crisis, sev
Published 27 Jan, 2009 12:00am
Iceland government resigns

Iceland government resigns

Icelandic Prime Minister Geir Haarde announced Monday the immediate resignation of his government in the wake of the country's dire economic crisis. "I'm here to announce that I and the leader of the Social Democrats have decided that we will not continue
Published 27 Jan, 2009 12:00am
State Life secures Rs five billion as first year premium

State Life secures Rs five billion as first year premium

The State Life Insurance Corporation of Pakistan has successfully secured Rs 5 billion as First Year Premium (New Business) by showing an increase of 34.42 per cent thus providing financial protection to four million new policyholders and their families n
Published 27 Jan, 2009 12:00am
State Life secures Rs five billion as first year premium

State Life secures Rs five billion as first year premium

The State Life Insurance Corporation of Pakistan has successfully secured Rs 5 billion as First Year Premium (New Business) by showing an increase of 34.42 per cent thus providing financial protection to four million new policyholders and their families n
Published 27 Jan, 2009 12:00am
State Life secures Rs five billion as first year premium

State Life secures Rs five billion as first year premium

The State Life Insurance Corporation of Pakistan has successfully secured Rs 5 billion as First Year Premium (New Business) by showing an increase of 34.42 per cent thus providing financial protection to four million new policyholders and their families n
Published 27 Jan, 2009 12:00am
State Life secures Rs five billion as first year premium

State Life secures Rs five billion as first year premium

The State Life Insurance Corporation of Pakistan has successfully secured Rs 5 billion as First Year Premium (New Business) by showing an increase of 34.42 per cent thus providing financial protection to four million new policyholders and their families n
Published 27 Jan, 2009 12:00am
Salaried persons pay excess income tax due to lack of awareness

Salaried persons pay excess income tax due to lack of awareness

Due to lack of awareness about the taxation system, a large number of taxpayers, especially salaried persons, are paying excess amount as income tax. According to the directive of the Federal Board of Revenue (FBR), employers are deducting a certain perce
Published 27 Jan, 2009 12:00am
Salaried persons pay excess income tax due to lack of awareness

Salaried persons pay excess income tax due to lack of awareness

Due to lack of awareness about the taxation system, a large number of taxpayers, especially salaried persons, are paying excess amount as income tax. According to the directive of the Federal Board of Revenue (FBR), employers are deducting a certain perce
Published 27 Jan, 2009 12:00am
Salaried persons pay excess income tax due to lack of awareness

Salaried persons pay excess income tax due to lack of awareness

Due to lack of awareness about the taxation system, a large number of taxpayers, especially salaried persons, are paying excess amount as income tax. According to the directive of the Federal Board of Revenue (FBR), employers are deducting a certain perce
Published 27 Jan, 2009 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (January 26, 2009).

Published 27 Jan, 2009 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (January 26, 2009).

Published 27 Jan, 2009 12:00am
Brokerage industry under severe pressure

Brokerage industry under severe pressure

Threats of systematic failure of the clearing system of the bourses has been subsided through effective settlement of the outstanding CFS issue lately. According to Pakistan Credit Rating Agency (Pacra) analysts Rai Umar Zafar, Samiya Mukhtar and Waqas Mu
Published 27 Jan, 2009 12:00am
Brokerage industry under severe pressure

Brokerage industry under severe pressure

Threats of systematic failure of the clearing system of the bourses has been subsided through effective settlement of the outstanding CFS issue lately. According to Pakistan Credit Rating Agency (Pacra) analysts Rai Umar Zafar, Samiya Mukhtar and Waqas Mu
Published 27 Jan, 2009 12:00am
Brokerage industry under severe pressure

Brokerage industry under severe pressure

Threats of systematic failure of the clearing system of the bourses has been subsided through effective settlement of the outstanding CFS issue lately. According to Pakistan Credit Rating Agency (Pacra) analysts Rai Umar Zafar, Samiya Mukhtar and Waqas Mu
Published 27 Jan, 2009 12:00am
PPL earns Rs 13.775 billion in first half fiscal year 2009

PPL earns Rs 13.775 billion in first half fiscal year 2009

The profit after tax (PAT) of Pakistan Petroleum Limited (PPL) has increased to Rs 13.775 billion in the first half of FY09 as compared to Rs 9.295 billion earned in the corresponding period in FY08. The board of directors of the company, at its meeting h
Published 27 Jan, 2009 12:00am
PPL earns Rs 13.775 billion in first half fiscal year 2009

PPL earns Rs 13.775 billion in first half fiscal year 2009

The profit after tax (PAT) of Pakistan Petroleum Limited (PPL) has increased to Rs 13.775 billion in the first half of FY09 as compared to Rs 9.295 billion earned in the corresponding period in FY08. The board of directors of the company, at its meeting h
Published 27 Jan, 2009 12:00am