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Print - 2009-02-10
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Feb, 2009 12:00am
PAL chief condoles death of Khalid Hassan

PAL chief condoles death of Khalid Hassan

Fakhar Zaman, Chairman, Pakistan Academy of Letters (PAL) has expressed deep sorrow over the death of internationally renowned translator, writer and journalist Khalid Hassan. He also informed that Khalid Hassan had been the press secretary of former Prim
Published 10 Feb, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (February 09, 2009).

Published 10 Feb, 2009 12:00am
Over 10 million trees to be planted alongside highways, motorways

Over 10 million trees to be planted alongside highways, motorways

Federal Minister for Communication Dr Arbab Alamgir Khan here on Monday said under the plantation campaign more than 10 million saplings would be planted alongside national highways and motorways across the country. Talking to APP, he said that (NHA) is c
Published 10 Feb, 2009 12:00am
'50,000 activists of PTI will join long march'

'50,000 activists of PTI will join long march'

The Pakistan Tehreek-e-Insaaf (PTI) Multan on Monday announced its all out participation in the lawyers' long march for the reinstatement of sacked judges scheduled on March 12. Talking to newsmen here, Muhammad Salim Bukhari, District president said that
Published 10 Feb, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 10 Feb, 2009 12:00am
Rising trend in vegetable, fruit prices continues

Rising trend in vegetable, fruit prices continues

Although rising trend continues in the prices of vegetables and fruit items in Multan markets, yet the rates of many items have also been reduced. As far as the checking of the hoarders by the City district government is concerned, the lethargy of officia
Published 10 Feb, 2009 12:00am
NH&MP recovers stolen car within two hours

NH&MP recovers stolen car within two hours

National Highways & Motorway Police (NH&MP), Lahore has recovered the stolen car within two hours of the theft after heavy exchange of fire near Kasowal Bridge on National Highway, here on Monday. According to details, control room of National Highways &
Published 10 Feb, 2009 12:00am
Two BUITMS buses set ablaze

Two BUITMS buses set ablaze

Two buses of Balochistan University of Information Technology and Management Sciences (BUITMS) were set ablaze here on Sariab Road on Monday. According to local police, the buses had been in the area as a routine to pick the students for the university, a
Published 10 Feb, 2009 12:00am
'PPP following path of military dictator'

'PPP following path of military dictator'

Ameer of Tehrik-i-Islami Pakistan, Syed Zahid Hussain Gilani, has said Pakistan People's Party (PPP) opposed a thorough army operation in Swat by the Musharraf Government but now is following the footsteps of the military dictator. Addressing a Press Conf
Published 10 Feb, 2009 12:00am
'PPP determined to banish poverty'

'PPP determined to banish poverty'

Pakistan People's Party (PPP) is determined to banish poverty from the country and the poor segments are being assisted through the Benazir Bhutto Income Support Programme, said MNA Jamshed Ahmed Dasti here on Monday. He was addressing cheques distributin
Published 10 Feb, 2009 12:00am
LHC disposes of five identical petitions

LHC disposes of five identical petitions

The Lahore High Court (LHC) here on Monday disposed of five identical petitions challenging different acts of former President General Pervez Musharraf (Retd) including presidential referendum pending since 2002. The court disposed of the petitions declar
Published 10 Feb, 2009 12:00am
Government fails to control ghee and edible oil prices

Government fails to control ghee and edible oil prices

Government has failed to control the ghee and edible oil prices as the ghee manufacturers are still fleecing the consumers in the name of higher international prices of palm oil. A survey conducted by Business Recorder revealed that the government
Published 10 Feb, 2009 12:00am
LHC issues notices to LDA, others

LHC issues notices to LDA, others

The Lahore High Court in a petition filed by Punjab Institute of Cardiology (PIC) seeking possession of land allegedly grabbed by the residents of Shadman on Monday issued notices to the Lahore Development Authority (LDA) and other respondents for a Febru
Published 10 Feb, 2009 12:00am
Extra marks case: IHC summons examination record

Extra marks case: IHC summons examination record

The Islamabad High Court (IHC) on Monday summoned the examination record of Farah Hameed Dogar in a review petition against awarding of extra marks to her. A division-bench of the court comprising Justice Munir Paracha and Justice Raja Saeed Akram gave th
Published 10 Feb, 2009 12:00am
LABARD to hold mela on February 13

LABARD to hold mela on February 13

The Lahore Businessmen Association for Rehabilitation of the Disabled (LABARD) has decided to hold "Mela" for special children on February 13th at Race Course Park. The mela is a part of an annual event, which is arranged to provide an unique opportunity
Published 10 Feb, 2009 12:00am
Sack paper importers challenge 15 percent RD imposed by ECC

Sack paper importers challenge 15 percent RD imposed by ECC

Sack paper importers have challenged 15 percent Regulatory Duty (RD) recently imposed by the Economic Co-ordination Committee (ECC) of the cabinet on the recommendations of Federal Board of Revenue (FBR).
Published 10 Feb, 2009 12:00am
Polish foreign minister vows to hunt down Taliban killers of hostage

Polish foreign minister vows to hunt down Taliban killers of hostage

Polish Foreign Minister Radoslaw Sikorski on Monday denounced the execution of a Polish hostage by the Pakistani Taliban and vowed to hunt down his killers. Pakistan's umbrella Taliban group released a video of the execution of hostage Piotr Stanczak on S
Published 10 Feb, 2009 12:00am
Operation begins to rescue 1,474 villagers

Operation begins to rescue 1,474 villagers

An operation has been started from Kachura village side in Skardu district to rescue as many as 1474 villagers of Shagharthang, who stranded after sixth heavy snowfall of the current winter season in Baltistan Region.
Published 10 Feb, 2009 12:00am
Abdul Qadeer Khan again under house arrest

Abdul Qadeer Khan again under house arrest

Government has once again put renowned nuclear scientist Dr Abdul Qadeer Khan under house arrest and security around his Banni Gala residence has increased and people were stopped to meet the scientist. Dr Khan, who was declared a 'free citizen' by Islama
Published 10 Feb, 2009 12:00am
Draft CRA: SECP to seek viewpoints of corporate entities, stakeholders

Draft CRA: SECP to seek viewpoints of corporate entities, stakeholders

The Securities and Exchange Commission of Pakistan (SECP) has decided to notify the Corporate Rehabilitation Act (CRA) in the next three months, incorporating viewpoint of all private stakeholders. This was decided in a meeting of the committee, constitut
Published 10 Feb, 2009 12:00am
Saarc to discuss steps for enhancing economic cooperation

Saarc to discuss steps for enhancing economic cooperation

Saarc Commerce secretaries will discuss measures in enhancing economic co-operation in the region during the two-day meeting of Council of Economic Co-operation beginning here on Tuesday. Talking to newsmen on arrival here on Monday evening, Suleman Ghani
Published 10 Feb, 2009 12:00am
Indian TV channels: Senate panel recommends ban

Indian TV channels: Senate panel recommends ban

The Senate Standing Committee on Information and Broadcasting Monday recommended that the government should immediately retaliate Indian propaganda moves by clamping ban on all news and entertainment Indian television channels.
Published 10 Feb, 2009 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (February 09, 2009).

Published 10 Feb, 2009 12:00am
National Assembly body meets

National Assembly body meets

A meeting of the National Assembly Standing Committee on Religious Affairs, Zakat and Ushr held in the Parliament House Islamabad under the Chairmanship of Maulana Muhammad Qasim MNA. The Chairman Islamic Ideology Council (IIC), briefed the committee over
Published 10 Feb, 2009 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (February 09, 2009).

Published 10 Feb, 2009 12:00am
Promotion approved

Promotion approved

Prime Minister Syed Yousuf Raza Gilani has accorded the approval of promotion of Naeem Anwar, Deputy Secretary, Ministry of Commerce from BPS 19 to BPS 20 on the recommendation of Special Selection Board. As per a notification issued here, the officer on
Published 10 Feb, 2009 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (February 09, 2009).

Published 10 Feb, 2009 12:00am
Political crisis will derail train of democracy, says Dr Firdous

Political crisis will derail train of democracy, says Dr Firdous

Dr Firdous Ashiq Awan, Federal Minister for Population Welfare has said that in the present circumstances nation cannot afford any political crisis because it will derail the train of democracy in country. She was talking to the media at Population Welfar
Published 10 Feb, 2009 12:00am
Minister opens NHA's tree plantation campaign

Minister opens NHA's tree plantation campaign

Federal Minister for Communications Dr Arbab Alamgir Khan has said that the present government was committed to make the country green and the ministry of communications was taking active part in this endeavour by providing shady trees on either side of t
Published 10 Feb, 2009 12:00am
New education policy on March 23: Bijarani

New education policy on March 23: Bijarani

The New Education Policy will be announced on March 23, which will help eliminate inequality in the education system, Minister for Education Mir Hazar Khan Bijarani said on Monday. "The draft of the policy has been formulated in lines with international s
Published 10 Feb, 2009 12:00am
Government believes in political dialogues: minister

Government believes in political dialogues: minister

State Minister for Industries and Production Dr Ayat Ullah Durrani has said on Monday that government believed in political dialogues and wants to solve problems through negotiations. Talking to PTV in "Good Morning Pakistan", he termed President's visit
Published 10 Feb, 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 (February 09, 2009).

Published 10 Feb, 2009 12:00am
Supremacy of parliament top priority of government: Azeem

Supremacy of parliament top priority of government: Azeem

Federal Parliamentary Secretary for Information and Broadcasting Azeem Daultana on Monday said that supremacy of the parliament is the top priority of the government. In a statement issued here, he said that government will give rights to the people of fo
Published 10 Feb, 2009 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (February 09, 2009).

Published 10 Feb, 2009 12:00am
Suicide bomber kills five in Miranshah

Suicide bomber kills five in Miranshah

A suicide bomber rammed an explosives-laden car into a police and frontier corps checkpoint in early Monday, killing five of them, a local police official said. The official said the attack occurred at Baran Pul, about 50 kilometres (31 miles) east of Mir
Published 10 Feb, 2009 12:00am
Fire engulfs Beijing hotel

Fire engulfs Beijing hotel

A huge blaze sparked by fireworks engulfed a hotel late Monday in the unfinished headquarters of Chinese state broadcaster CCTV, one of the icons of Beijing's architectural rebirth, state media said. The blaze consumed the Mandarin Oriental Hotel due to o
Published 10 Feb, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (February 09, 2009).

Published 10 Feb, 2009 12:00am
Fire engulfs Beijing hotel

Fire engulfs Beijing hotel

A huge blaze sparked by fireworks engulfed a hotel late Monday in the unfinished headquarters of Chinese state broadcaster CCTV, one of the icons of Beijing's architectural rebirth, state media said. The blaze consumed the Mandarin Oriental Hotel due to o
Published 10 Feb, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (February 09, 2009).
Published 10 Feb, 2009 12:00am
Kazakhstan approves US Afghanistan cargo transit

Kazakhstan approves US Afghanistan cargo transit

Kazakhstan on Monday became the latest nation to offer its territory for the transit of non-lethal cargo to US and Nato troops in Afghanistan, following Kyrgyzstan's shock decision to shut a key US airbase. "Kazakhstan has given its consent to the transit
Published 10 Feb, 2009 12:00am
Kazakhstan approves US Afghanistan cargo transit

Kazakhstan approves US Afghanistan cargo transit

Kazakhstan on Monday became the latest nation to offer its territory for the transit of non-lethal cargo to US and Nato troops in Afghanistan, following Kyrgyzstan's shock decision to shut a key US airbase. "Kazakhstan has given its consent to the transit
Published 10 Feb, 2009 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 Monday (February 09, 2009).

Published 10 Feb, 2009 12:00am
Uniform LPG pricing: government working on two options

Uniform LPG pricing: government working on two options

The government is working on imposing either petroleum development levy (PDL) on locally produced liquefied petroleum gas (LPG) or waiving general sales tax (GST) on imported LPG to implement a uniform LPG pricing policy.
Published 10 Feb, 2009 12:00am
Uniform LPG pricing: government working on two options

Uniform LPG pricing: government working on two options

The government is working on imposing either petroleum development levy (PDL) on locally produced liquefied petroleum gas (LPG) or waiving general sales tax (GST) on imported LPG to implement a uniform LPG pricing policy.
Published 10 Feb, 2009 12:00am
Uniform LPG pricing: government working on two options

Uniform LPG pricing: government working on two options

The government is working on imposing either petroleum development levy (PDL) on locally produced liquefied petroleum gas (LPG) or waiving general sales tax (GST) on imported LPG to implement a uniform LPG pricing policy.
Published 10 Feb, 2009 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 Monday (February 09, 2009).

Published 10 Feb, 2009 12:00am
Madoff declines to challenge SEC fraud order

Madoff declines to challenge SEC fraud order

Alleged Wall Street investment scam artist Bernard Madoff will not challenge a government order freezing his assets and establishing the facts of a fraud case in the courts, regulators said Monday. The Securities and Exchange Commission (SEC) said Madoff,
Published 10 Feb, 2009 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 Monday (February 09, 2009).

Published 10 Feb, 2009 12:00am
Madoff declines to challenge SEC fraud order

Madoff declines to challenge SEC fraud order

Alleged Wall Street investment scam artist Bernard Madoff will not challenge a government order freezing his assets and establishing the facts of a fraud case in the courts, regulators said Monday. The Securities and Exchange Commission (SEC) said Madoff,
Published 10 Feb, 2009 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 Monday (February 09, 2009).

Published 10 Feb, 2009 12:00am
Madoff declines to challenge SEC fraud order

Madoff declines to challenge SEC fraud order

Alleged Wall Street investment scam artist Bernard Madoff will not challenge a government order freezing his assets and establishing the facts of a fraud case in the courts, regulators said Monday. The Securities and Exchange Commission (SEC) said Madoff,
Published 10 Feb, 2009 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 10 Feb, 2009 12:00am
Opec nations postpone 35 oil projects

Opec nations postpone 35 oil projects

Opec nations have collectively postponed 35 oil drilling projects as low crude prices deter investment, a top Opec official said here on Monday. Opec Secretary General Abdalla Salem El-Badri said the delayed projects had been shelved indefinitely.
Published 10 Feb, 2009 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 10 Feb, 2009 12:00am
Opec nations postpone 35 oil projects

Opec nations postpone 35 oil projects

Opec nations have collectively postponed 35 oil drilling projects as low crude prices deter investment, a top Opec official said here on Monday. Opec Secretary General Abdalla Salem El-Badri said the delayed projects had been shelved indefinitely.
Published 10 Feb, 2009 12:00am
Opec nations postpone 35 oil projects

Opec nations postpone 35 oil projects

Opec nations have collectively postponed 35 oil drilling projects as low crude prices deter investment, a top Opec official said here on Monday. Opec Secretary General Abdalla Salem El-Badri said the delayed projects had been shelved indefinitely.
Published 10 Feb, 2009 12:00am
Milaad Tower: the fourth tallest telecom tower in the world

Milaad Tower: the fourth tallest telecom tower in the world

Tehran international communications center is result of Iranian technicians and engineers, with the unique and varied facilities which has been built and developed for the sake of enhancement of technical information services and communications.
Published 10 Feb, 2009 12:00am
Iranian Revolution makes incredible achievements

Iranian Revolution makes incredible achievements

The victory of Islamic revolution destroyed mental equations, social and cultural theories and western policies and debut of western open minded. Iran in 3 current decades along with facing of immense and small west crises and conspiracies has been knowin
Published 10 Feb, 2009 12:00am
US seeks assurances from Pakistan over Abdul Qadeer Khan

US seeks assurances from Pakistan over Abdul Qadeer Khan

The United States has sought "solid" assurances from Pakistan it will take steps to prevent freed nuclear scientist A Q Khan from nuclear proliferation in the future, a senior US official said on Monday. US Ambassador to Pakistan Anne Patterson met Pakist
Published 10 Feb, 2009 12:00am
President, Pak- Iran Friendship Association

President, Pak- Iran Friendship Association

In the capacity as chairman, I whole-heartedly congratulate government and people of Islamic Republic of Iran on success of Islamic revolution under the able guidance and leadership of Imam Khomeni (RA) and in consequence Iran became free from the clutche
Published 10 Feb, 2009 12:00am
US seeks assurances from Pakistan over Abdul Qadeer Khan

US seeks assurances from Pakistan over Abdul Qadeer Khan

The United States has sought "solid" assurances from Pakistan it will take steps to prevent freed nuclear scientist A Q Khan from nuclear proliferation in the future, a senior US official said on Monday. US Ambassador to Pakistan Anne Patterson met Pakist
Published 10 Feb, 2009 12:00am