News Archives for Print - 2009-03-15 - Business Recorder

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Print - 2009-03-15

Rice exporters advised to focus on quality: Rs 40 billion of export refinance not utilised by banks: SBP

Rice exporters advised to focus on quality: Rs 40 billion of export refinance not utilised by banks: SBP

The State Bank of Pakistan (SBP) Governor, Salim Raza, has said that around Rs 40 billion in the account of is not being utilised by the commercial banks. Speaking at a luncheon meeting with members of Rice Exporters Association of Pakistan (Reap) here on

Published 15 Mar, 2009 12:00am

FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Frustrations seemed to have touched new heights within the PPP ranks. The partys lawmakers in the National Assembly were visibly shaken most probably due to the resignation of information minister Sherry Rahman. Resignations of the ministries are always c

Published 15 Mar, 2009 12:00am

Professor Khursheed slams curb on electronic media, praises Sherry

Professor Khursheed slams curb on electronic media, praises Sherry

Senator Professor Khurshid Ahmed, in a statement on Saturday has strongly condemned clamp down on the electronic media and paid compliments to ex-Information Minister Sherry Rahman for tendering her resignation in protest against Zardaris clamp down on in

Published 15 Mar, 2009 12:00am

Shujaat suggests a consensus government in Punjab

Shujaat suggests a consensus government in Punjab

Pakistan Muslim League-Q President Chaudhry Shujaat Hussein suggested on Saturday a consensus government in Punjab to deal with the ongoing political deadlock prevailing in the country.

Published 15 Mar, 2009 12:00am

Shujaat suggests a consensus government in Punjab

Shujaat suggests a consensus government in Punjab

Pakistan Muslim League-Q President Chaudhry Shujaat Hussein suggested on Saturday a consensus government in Punjab to deal with the ongoing political deadlock prevailing in the country.

Published 15 Mar, 2009 12:00am

Long march will not be allowed on Constitutional Avenue: Wattoo

Long march will not be allowed on Constitutional Avenue: Wattoo

Federal Minister Mian Manzoor Ahmed Wattoo has said that permission will never be granted for long march or sit-in on Shahrah-e-Dastoor, Islamabad. He was addressing a press conference here Saturday. Federal Minister for Food and Agriculture Nazar Muhamma

Published 15 Mar, 2009 12:00am

Reinstatement of Iftikhar Chaudhry is a must: Hashmi

Reinstatement of Iftikhar Chaudhry is a must: Hashmi

Makhdoom Javed Hashmi on Saturday said that reinstatement of deposed Chief Justice Iftikhar Muhammad Chaudhry is a must and having no option left the government has taken the decision to put him back in his right place. Addressing lawyers at Rawalpindi Hi

Published 15 Mar, 2009 12:00am

Zardari made no offer of talks: Nawaz

Zardari made no offer of talks: Nawaz

While keeping their cards close to their chests, the political camps kept flexing their muscles while chanting the chorus of Charter of Democracy throughout Saturday. The three political players--PML-N, PPP and PML-Q stuck to their stand and keeping their

Published 15 Mar, 2009 12:00am

Zardari made no offer of talks: Nawaz

Zardari made no offer of talks: Nawaz

While keeping their cards close to their chests, the political camps kept flexing their muscles while chanting the chorus of Charter of Democracy throughout Saturday. The three political players--PML-N, PPP and PML-Q stuck to their stand and keeping their

Published 15 Mar, 2009 12:00am

Sharifs house under police watch

Sharifs house under police watch

The house of Sharif brothers in Raiwind is being heavily picketed by police, and entry and exit from there is being strictly watched. Police have also cordoned off the offices of political leaders in Model Town. The residence is thronged by a large number

Published 15 Mar, 2009 12:00am

Nepra determines and government notifies power tariff: Raja tells National Assembly

Nepra determines and government notifies power tariff: Raja tells National Assembly

Minister for Water and Power Raja Pervaiz Ashraf has informed the National Assembly that the electricity cost per unit tariff is determined by Nepra on the basis of power purchase price, distribution margin, line losses and revenue requirement of Distribu

Published 15 Mar, 2009 12:00am

World Consumer Rights Day

World Consumer Rights Day

Every year, World Consumer Rights Day (WCRD) is observed, on March 15, to protect consumer rights. This year, the day is being observed with the theme "Junk Food Generation", to stop the marketing of unhealthy food to children.

Published 15 Mar, 2009 12:00am

Ambassadors of Belgium, Norway present credentials to President

Ambassadors of Belgium, Norway present credentials to President

The Ambassadors-designate-of Algeria, Belgium, Norway, Portugal, Romania, Tajikistan, Tunisia and High Commissioner designate of Sri Lanka to Pakistan presented their credentials to President Asif Ali Zardari at a ceremony held at Aiwan-e-Sadr on Saturday

Published 15 Mar, 2009 12:00am

Multan Tax Bar elections

Multan Tax Bar elections

The following members have been elected in the Annual General Meeting of Multan Tax Bar Association, held on February 28, 2009 for the year 2009-10. Muhammad Khalid Asad Chaudhry-Adv, President, Muhammad Shahid Saleem Chaudhry-ITP, Vice President, Ahmad S

Published 15 Mar, 2009 12:00am

Government did not instruct Pemra for closing transmission of any channel: Azeem

Government did not instruct Pemra for closing transmission of any channel: Azeem

The National Assembly was informed Saturday that Pemra has so far issued 71 licenses for the establishment of private satellite TV channels out of which, 59 are operational. Replying to a question of Parveen Masood Bhatti during Question Hour, the Parliam

Published 15 Mar, 2009 12:00am

Wide-ranging Pak-US relationship being fostered

Wide-ranging Pak-US relationship being fostered

Pakistan and the United States are fostering a wide-ranging relationship that will benefit both countries through partnership between their people, members of a visiting Pakistani parliamentary delegation said. Member, National Assembly, Rai Ghulam Mujtab

Published 15 Mar, 2009 12:00am

LEAs impound vehicles, seal bus terminals

LEAs impound vehicles, seal bus terminals

Government has sealed the transport stands and impounded a large number of containers, ultra heavy vehicles, trucks, buses and wagons to block the public movement in twin cities of Islamabad and Rawalpindi, while universities and colleges were asked to cl

Published 15 Mar, 2009 12:00am

Iescos Power shut down notice

Iescos Power shut down notice

According to Iesco Press release, power supply will remain suspended due to construction/ maintenance work as per following schedule. Sunday 15 and Monday 16 March from 09:00 to 17:00 hours:- Ghurghusti Feeder, Shahder Feeder, Ghurghusti, Shah Dir & surro

Published 15 Mar, 2009 12:00am

Handling long march: Punjab police given Rs 260 million

Handling long march: Punjab police given Rs 260 million

Punjab Governor Salmaan Taseer has provided Rs 260 million to Punjab Police to handle the long march and sit-in scheduled on March 16 in Islamabad announced by lawyers, civil society and various political parties for restoration of deposed chief justice.

Published 15 Mar, 2009 12:00am

ICC urges Qatar to cooperate with Beshir arrest warrant

ICC urges Qatar to cooperate with Beshir arrest warrant

The International Criminal Court urged Qatar on Saturday to cooperate with its arrest warrant against Sudanese President Omar al-Beshir when he visits Doha later this month. Qatar, which is not a signatory to the Rome Statute that established the court, h

Published 15 Mar, 2009 12:00am

ICC urges Qatar to cooperate with Beshir arrest warrant

ICC urges Qatar to cooperate with Beshir arrest warrant

The International Criminal Court urged Qatar on Saturday to cooperate with its arrest warrant against Sudanese President Omar al-Beshir when he visits Doha later this month. Qatar, which is not a signatory to the Rome Statute that established the court, h

Published 15 Mar, 2009 12:00am

Weekly inflation eases

Weekly inflation eases

The weekly inflation, measured through SPI, eased to 20.61 percent on March 12, from 21.36 percent of previous week, according to Federal Bureau of Statistics (FBS) here on Saturday. Official figures on weekly inflation, released by the SPI, showed a marg

Published 15 Mar, 2009 12:00am

Weekly inflation eases

Weekly inflation eases

The weekly inflation, measured through SPI, eased to 20.61 percent on March 12, from 21.36 percent of previous week, according to Federal Bureau of Statistics (FBS) here on Saturday. Official figures on weekly inflation, released by the SPI, showed a marg

Published 15 Mar, 2009 12:00am

Flag-lowering of Aman 09 Naval exercise held

Flag-lowering of Aman 09 Naval exercise held

The flag-lowering ceremony was held at the Pakistan Navy Dockyard here on Saturday marking the conclusion of the Exercise Aman 09. The event, which was hosted by Pakistan Navy had commenced from March 5 and was participated by as many as 34 countries.

Published 15 Mar, 2009 12:00am

Weekly inflation eases

Weekly inflation eases

The weekly inflation, measured through SPI, eased to 20.61 percent on March 12, from 21.36 percent of previous week, according to Federal Bureau of Statistics (FBS) here on Saturday. Official figures on weekly inflation, released by the SPI, showed a marg

Published 15 Mar, 2009 12:00am

Iran and China firms sign $3 billion LNG deal

Iran and China firms sign $3 billion LNG deal

Irans state-owned gas company and a Chinese consortium Saturday signed a multi-billion dollar deal to produce liquefied natural gas in the Islamic republics South Pars field, a report said. The deal, worth 3.39 billion dollars, was signed by Iran LNG comp

Published 15 Mar, 2009 12:00am

Iran and China firms sign $3 billion LNG deal

Iran and China firms sign $3 billion LNG deal

Irans state-owned gas company and a Chinese consortium Saturday signed a multi-billion dollar deal to produce liquefied natural gas in the Islamic republics South Pars field, a report said. The deal, worth 3.39 billion dollars, was signed by Iran LNG comp

Published 15 Mar, 2009 12:00am

Iran and China firms sign $3 billion LNG deal

Iran and China firms sign $3 billion LNG deal

Irans state-owned gas company and a Chinese consortium Saturday signed a multi-billion dollar deal to produce liquefied natural gas in the Islamic republics South Pars field, a report said. The deal, worth 3.39 billion dollars, was signed by Iran LNG comp

Published 15 Mar, 2009 12:00am

Flag-lowering of Aman 09 Naval exercise held

Flag-lowering of Aman 09 Naval exercise held

The flag-lowering ceremony was held at the Pakistan Navy Dockyard here on Saturday marking the conclusion of the Exercise Aman 09. The event, which was hosted by Pakistan Navy had commenced from March 5 and was participated by as many as 34 countries.

Published 15 Mar, 2009 12:00am

Bin Laden says Arab leaders complicit with Israel over Gaza

Bin Laden says Arab leaders complicit with Israel over Gaza

Al Qaeda leader Osama bin Laden accused some Arab leaders of being "complicit" with Israel during its devastating offensive in Gaza, in an audio tape broadcast by Al-Jazeera television on Saturday. "It has become clear that some Arab leaders were complici

Published 15 Mar, 2009 12:00am

Bin Laden says Arab leaders complicit with Israel over Gaza

Bin Laden says Arab leaders complicit with Israel over Gaza

Al Qaeda leader Osama bin Laden accused some Arab leaders of being "complicit" with Israel during its devastating offensive in Gaza, in an audio tape broadcast by Al-Jazeera television on Saturday. "It has become clear that some Arab leaders were complici

Published 15 Mar, 2009 12:00am

EDB starts improvement process in auto industry

EDB starts improvement process in auto industry

The Engineering Development Board (EDB) has initiated a competitiveness and efficiency improvement exercise to address issues related to the automotive sector. In this regard, 20 sectoral committees have been constituted to redress the tariff and other re

Published 15 Mar, 2009 12:00am

Roads from Multan blocked by parked containers

Roads from Multan blocked by parked containers

Multan police let the lawyers organise the long march freely. However, heavy police contingent cordoned off them from all sides. The lawyers marched from High Court to Chowk Kumharanwala--seven km distance--where they reached in two hours. Traffic remaine

Published 15 Mar, 2009 12:00am

EADS still eyeing smaller US buys

EADS still eyeing smaller US buys

Europes EADS is continuing to search for modest acquisitions in the United States as part of its ongoing drive to increase its presence in the US defence market, said Ralph Crosby, chief executive of EADS North America, told Reuters in an interview.

Published 15 Mar, 2009 12:00am

Wheat quota of flour mills increased

Wheat quota of flour mills increased

Punjab Food Department has increased the wheat quota of mills due to flour shortage in different cities of the Province. Information sources at the department said that wheat quota of mills had been increased from 16,700 metric tonnes to 18,000 metric ton

Published 15 Mar, 2009 12:00am

EDB starts improvement process in auto industry

EDB starts improvement process in auto industry

The Engineering Development Board (EDB) has initiated a competitiveness and efficiency improvement exercise to address issues related to the automotive sector. In this regard, 20 sectoral committees have been constituted to redress the tariff and other re

Published 15 Mar, 2009 12:00am

EDB starts improvement process in auto industry

EDB starts improvement process in auto industry

The Engineering Development Board (EDB) has initiated a competitiveness and efficiency improvement exercise to address issues related to the automotive sector. In this regard, 20 sectoral committees have been constituted to redress the tariff and other re

Published 15 Mar, 2009 12:00am

US Democrats weigh options on healthcare, energy

US Democrats weigh options on healthcare, energy

Democratic leaders in the US Congress face big decisions in coming weeks on how to move forward on two priorities for President Barack Obama - energy and healthcare reform. Work has begun on legislation at committee level but some Republicans oppose Democ

Published 15 Mar, 2009 12:00am

Russia can station bombers in Cuba, Venezuela

Russia can station bombers in Cuba, Venezuela

Russia can "possibly" use Cuba to station its strategic bombers there, while Venezuela has offered Moscow to do the same on its territory, said a senior Russian strategic air force commander, Interfax reported Saturday. "It is possible with Cuba," Interfa

Published 15 Mar, 2009 12:00am

China SUFA in nuclear venture with US Flowserve

China SUFA in nuclear venture with US Flowserve

SUFA Technology Industry Co, a top Chinese valve maker, said on Saturday it would establish a venture with US firm Flowserve Corp to make valves for Chinas growing nuclear power industry. The venture, based in the eastern Chinese city of Suzhou, would be

Published 15 Mar, 2009 12:00am

Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (March 14, 2009) and for Sunday (March 15, 2009).

Published 15 Mar, 2009 12:00am

Merkel optimistic about G20 summit

Merkel optimistic about G20 summit

German Chancellor Angela Merkel said on Saturday she was optimistic a G20 summit Britain hosts next month would bring positive measures to tackle the global economic crisis, but was wary about more fiscal stimulus. Merkel was speaking at a joint news conf

Published 15 Mar, 2009 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

No long march, sit-in to be allowed on Constitution Avenue: Rehman tells of bombing threats by terrorists

No long march, sit-in to be allowed on Constitution Avenue: Rehman tells of bombing threats by terrorists

Terming the lawyers long march a big challenge, Rehman Malik, Advisor to Prime Minister on Interior, said on Saturday that the government was ready to take the challenge of long march, and no sit-in would be allowed at Constitution Avenue.

Published 15 Mar, 2009 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

No long march, sit-in to be allowed on Constitution Avenue: Rehman tells of bombing threats by terrorists

No long march, sit-in to be allowed on Constitution Avenue: Rehman tells of bombing threats by terrorists

Terming the lawyers long march a big challenge, Rehman Malik, Advisor to Prime Minister on Interior, said on Saturday that the government was ready to take the challenge of long march, and no sit-in would be allowed at Constitution Avenue.

Published 15 Mar, 2009 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Sales tax zero-rated sector: FBR advice to power, gas discos

Sales tax zero-rated sector: FBR advice to power, gas discos

The Federal Board of Revenue (FBR) has asked the power distribution companies and gas distribution companies to check consumption of electricity and natural gas by the manufacturers in sales tax zero-rated sectors, to ascertain actual consumption of the u

Published 15 Mar, 2009 12:00am

The Weather

The Weather

The weather report on Saturday (March 14, 2009) and the forecast for Sunday (March 15, 2009).

Published 15 Mar, 2009 12:00am

Sales tax zero-rated sector: FBR advice to power, gas discos

Sales tax zero-rated sector: FBR advice to power, gas discos

The Federal Board of Revenue (FBR) has asked the power distribution companies and gas distribution companies to check consumption of electricity and natural gas by the manufacturers in sales tax zero-rated sectors, to ascertain actual consumption of the u

Published 15 Mar, 2009 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Rs four billion released to Pepco for payment to PSO

Rs four billion released to Pepco for payment to PSO

The government on Saturday released Rs 4 billion to Pakistan Electric Power Company (Pepco) for making payment to Pakistan State Oil (PSO) for furnace oil supply, it is learnt. The PSO management had requested for immediate release of Rs 20 billion to imp

Published 15 Mar, 2009 12:00am

Karachi Yarn Market Rate

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

TIP demand reinstatement of deposed judges

TIP demand reinstatement of deposed judges

Transparency International Pakistan (TIP) has called on the Government of Pakistan to re-instate the deposed judges who were unconstitutionally dismissed on November 3 2007 by Chief of Army Staff General Pervez Musharraf, and immediately stop intervention

Published 15 Mar, 2009 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

TIP demand reinstatement of deposed judges

TIP demand reinstatement of deposed judges

Transparency International Pakistan (TIP) has called on the Government of Pakistan to re-instate the deposed judges who were unconstitutionally dismissed on November 3 2007 by Chief of Army Staff General Pervez Musharraf, and immediately stop intervention

Published 15 Mar, 2009 12:00am

Multan commodities market rates

Multan commodities market rates

Commodities market rates in rupees on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Sales tax zero-rated sector: FBR advice to power, gas discos

Sales tax zero-rated sector: FBR advice to power, gas discos

The Federal Board of Revenue (FBR) has asked the power distribution companies and gas distribution companies to check consumption of electricity and natural gas by the manufacturers in sales tax zero-rated sectors, to ascertain actual consumption of the u

Published 15 Mar, 2009 12:00am

Faisalabad yarn and fibre prices

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Rs four billion released to Pepco for payment to PSO

Rs four billion released to Pepco for payment to PSO

The government on Saturday released Rs 4 billion to Pakistan Electric Power Company (Pepco) for making payment to Pakistan State Oil (PSO) for furnace oil supply, it is learnt. The PSO management had requested for immediate release of Rs 20 billion to imp

Published 15 Mar, 2009 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Rs four billion released to Pepco for payment to PSO

Rs four billion released to Pepco for payment to PSO

The government on Saturday released Rs 4 billion to Pakistan Electric Power Company (Pepco) for making payment to Pakistan State Oil (PSO) for furnace oil supply, it is learnt. The PSO management had requested for immediate release of Rs 20 billion to imp

Published 15 Mar, 2009 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Suit filed against Musharraf for sedition

Suit filed against Musharraf for sedition

A lawyer on Saturday filed a petition in Sindh High Court against former President Pervez Musharraf accusing him of committing "high treason" by inducing the armed forces "to impose martial law" in the country, Business Recorder learnt.

Published 15 Mar, 2009 12:00am

Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Suit filed against Musharraf for sedition

Suit filed against Musharraf for sedition

A lawyer on Saturday filed a petition in Sindh High Court against former President Pervez Musharraf accusing him of committing "high treason" by inducing the armed forces "to impose martial law" in the country, Business Recorder learnt.

Published 15 Mar, 2009 12:00am

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates

Karachi Plastic/Urea Moulding Compounds Rates on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Sherrys resignation accepted: Kaira given portfolio

Sherrys resignation accepted: Kaira given portfolio

Prime Minister Yousaf Raza Gilani on Saturday accepted the resignation of Sherry Rehman as Information Minister after consultation with President Asif Ali Zardari and gave the portfolio to Federal Minister for Kashmir Affairs Qamar Zaman Kaira as addition

Published 15 Mar, 2009 12:00am

Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Sherrys resignation accepted: Kaira given portfolio

Sherrys resignation accepted: Kaira given portfolio

Prime Minister Yousaf Raza Gilani on Saturday accepted the resignation of Sherry Rehman as Information Minister after consultation with President Asif Ali Zardari and gave the portfolio to Federal Minister for Kashmir Affairs Qamar Zaman Kaira as addition

Published 15 Mar, 2009 12:00am

Karachi chemicals and dyes market rates

Karachi chemicals and dyes market rates

Chemicals and dyes market rates in rupees on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Shahbaz meets Gilani

Shahbaz meets Gilani

Former Chief Minister Punjab Shahbaz Sharif called on Prime Minister Yousuf Raza Gilani on Friday night and discussed current political situation with him. Highly reliable sources confided to theBusiness Recorder that Shahbaz Sharif had flown to Is

Published 15 Mar, 2009 12:00am

Rates of spices and other allied commodities

Rates of spices and other allied commodities

Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

US soyabean ends lower

US soyabean ends lower

US soyabean futures at the Chicago Board of Trade closed lower on Friday as two private firms forecast record US soya seeding this year. March expired 16-1/2 cents per bushel lower at $8.82-1/2 per bushel. May closed 5-1/2 cents down at $8.76-1/2 per bush

Published 15 Mar, 2009 12:00am

Currency values in terms of Special Drawing Rights

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries departments currency values in terms of Special Drawing Rights (SDR).

Published 15 Mar, 2009 12:00am

Presidency announces concessions

Presidency announces concessions

Pakistan Peoples Party believes in reconciliation and dialogue, and due to it federal government has decided to file a review petition in Supreme Court against disqualification of Sharif brothers. President Asif Ali Zardari stated this while addressing pa

Published 15 Mar, 2009 12:00am

Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Banks rates for currency notes (buying and selling)

Banks rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Saturday (March 14, 2009).

Published 15 Mar, 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 Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

LIBOR calculating interest on US dollar

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Saturday (March 14, 2009).

Published 15 Mar, 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 Saturday (March 14, 2009).

Published 15 Mar, 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 Saturday (March 14, 2009).

Published 15 Mar, 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 Saturday (March 14, 2009).

Published 15 Mar, 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 15 Mar, 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 15 Mar, 2009 12:00am

Karachi interbank rates

Karachi interbank rates

Karachi interbank rates on Saturday (March 14, 2009).

Published 15 Mar, 2009 12:00am

Aaj TV - Sundays schedule

Aaj TV - Sundays schedule

All timings are in PST (Pakistan Standard Time).

Published 15 Mar, 2009 12:00am

Asian sugar: India may buy whites; Thai premiums edge up

Asian sugar: India may buy whites; Thai premiums edge up

India, the worlds largest sugar consumer, started making inquiries for Thai whites as speculation intensified that the government might allow imports, raising hopes for a rise in premiums, dealers said on Wednesday.

Published 15 Mar, 2009 12:00am

US rice futures slip

US rice futures slip

US rice futures on the Chicago Board of Trade closed lower on Friday, falling to a 16-month low under the weight of big global stocks of rice, traders said. Technically selling was spurred after USDA raised its US rice ending stocks by 4 million cwt on We

Published 15 Mar, 2009 12:00am

US copper up, off highs

US copper up, off highs

US copper futures trimmed a portion of their gains by the close on Friday, as investors took their cues from volatile equity markets and cashed in after an early rally stalled near the $1.70 a lb level. Copper for May delivery rose 4.00 cents, or 2.5 perc

Published 15 Mar, 2009 12:00am

Colombian coffee prices surge again

Colombian coffee prices surge again

Colombian beans once again traded at new price highs in Europes cash coffee market this week with exports from the country way below levels needed to meet roaster demand, physical traders said on Friday. Colombian Excelso grades were traded at differentia

Published 15 Mar, 2009 12:00am

US wheat futures down

US wheat futures down

US wheat futures closed lower on Friday on profit-taking after the big rally on Thursday. CBOT March expired 8-3/4 cents per bushel lower at $5.06-1/2 per bushel. May was down 6-3/4 cents at $5.18-1/4 per bushel. KCBT hard red winter wheat for March expir

Published 15 Mar, 2009 12:00am

US Midwest corn bids mostly steady

US Midwest corn bids mostly steady

Spot corn basis bids were mostly steady to weak around the interior US Midwest on Friday, while interior soyabean basis was generally steady amid a pickup in farmer selling this week, grain merchants said. Basis bids for corn at Midwest river elevators wa

Published 15 Mar, 2009 12:00am

Canadian canola futures end lower

Canadian canola futures end lower

ICE Canadian canola futures closed lower Friday, following the US market and pressured by a stronger Canadian dollar. May canola fell $3.20 to $403.10 on a volume of 2,513 while July was off $3.50 to $402.70 on 1,823 contracts. November canola dropped $4.

Published 15 Mar, 2009 12:00am

Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 59,819 tonnes of cargo including 49,033 tonnes of import and 10,786 tonnes of export, 1,956 loaded and empty containers (TEUs) during last 24 hours ending at 0700 hours on Saturday. The freights comprised of 32,223 tonnes of dry c

Published 15 Mar, 2009 12:00am

Plastic mouldings mixed on Jodia Bazaar

Plastic mouldings mixed on Jodia Bazaar

The trading in plastic moulding compounds closed mixed on Jodia Bazaar here on Saturday. The following changes were noted.

Published 15 Mar, 2009 12:00am

Bangladesh cuts LPG and furnace oil prices

Bangladesh cuts LPG and furnace oil prices

The Bangladesh Energy Regulatory Commission (BERC) on Saturday agreed to cut the prices of liquefied petroleum gas (LPG) and furnace oil by 15 percent and 13 percent respectively, effective Sunday. Earlier this month, state-run Bangladesh Petroleum Corpor

Published 15 Mar, 2009 12:00am

Colombian corn imports from US fall in 2008-09: attache

Colombian corn imports from US fall in 2008-09: attache

Colombian corn imports from the United States will fall to 2.6 million tonnes in 2008/2009, a drop of 346,000 tonnes, due to the global economic slowdown, a US Agriculture Department attache in Bogota said in a report released on Friday. Attache reports a

Published 15 Mar, 2009 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 11	280.53
USD PKR Interbank Buying / Apr 11	280.28
USD to Japanese Yen / Apr 11	143.90
USD to Swiss Franc / Apr 11	0.82
Pound Sterling to USD / Apr 11	1.30
Euro to USD / Apr 11	1.13
UK LIBOR % / Apr 10	4.96

Stock	Volume
S&P 500 / Apr 10	5,268.05
Nasdaq / Apr 10	16,387.31
Dow Jones / Apr 10	39,593.66
India Sensex / Apr 11	75,343.21
Tokyo Nikkei / Apr 11	33,533.93
Hang Seng / Apr 11	21,054.61
FTSE 100 / Apr 11	7,879.52
Germany DAX 30 / Apr 11	20,278.17
France CAC40 / Apr 11	7,066.01

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 10	16,785
Gold 10 Grams PKR / Apr 10	281,893
Petrol/Litre / Apr 11	254.63
Crude Oil USD/Barrel / Apr 11	60.77
Gold Spot USD/Ounce / Apr 11	3,196.67
Diesel/Litre / Apr 11	258.64
Cotton US¢/pound / Apr 11	67.35

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Apr 11 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.85 ▲ 1 (12.74%)
Ruby Textile / Apr 11 Ruby Textile Mills Limited(RUBY)	7 ▲ 0.7 (11.11%)
Bawany Air Products / Apr 11 Bawany Air Products Limited(BAPL)	28.91 ▲ 2.63 (10.01%)
Calcorp Ltd / Apr 11 Calcorp Limited(CASH)	37.24 ▲ 3.39 (10.01%)
PIA Holding Co.B / Apr 11 PIA Holding Company Limited B(PIAHCLB)	1,329.45 ▲ 120.86 (10%)
ZIL Limited / Apr 11 ZIL Limited(ZIL)	295.72 ▲ 26.88 (10%)
Jubile Life InsXD / Apr 11 Jubilee Life Insurance Company Limited(JLICL)	152.56 ▲ 13.87 (10%)
Diamond Ind. / Apr 11 Diamond Industries Limited(DIIL)	35.20 ▲ 3.2 (10%)
Parmount Sp. / Apr 11 Paramount Spinning Mills Limited(PASM)	4.18 ▲ 0.38 (10%)
Hoechst Pak. / Apr 11 Hoechst Pakistan Limited(HPL)	3,519 ▲ 319 (9.97%)

Stock	Price
Oilboy Energy(R) / Apr 11 Oilboy Energy Limited(R)(OBOYR2)	1.84 ▼ -0.41 (-18.22%)
First Elite Cap.Mod / Apr 11 First Elite Capital Modaraba(FECM)	17.53 ▼ -1.95 (-10.01%)
National Silk / Apr 11 The National Silk & Rayon Mills Limited(NSRM)	30.75 ▼ -3.25 (-9.56%)
Universal Ins. / Apr 11 The Universal Insurance Company Limited(UVIC)	9 ▼ -0.85 (-8.63%)
Noon Sugar / Apr 11 Noon Sugar Mills Limited(NONS)	71.10 ▼ -6.61 (-8.51%)
Masood Textile / Apr 11 Masood Textile Mills Limited(MSOT)	52 ▼ -4.8 (-8.45%)
Leather Up Ltd. / Apr 11 Leather Up Limited(LEUL)	26 ▼ -2.29 (-8.09%)
Nimir Resins / Apr 11 Nimir Resins Limited(NRSL)	32.50 ▼ -2.85 (-8.06%)
Chashma / Apr 11 Chashma Sugar Mills Limited(CHAS)	59.02 ▼ -4.97 (-7.77%)
EFU General / Apr 11 EFU General Insurance Limited(EFUG)	116 ▼ -8.45 (-6.79%)

Stock	Volume
Cnergyico PK / Apr 11 Cnergyico PK Limited(CNERGY)	86,573,180 ▼ -0.07
K-Electric Ltd. / Apr 11 K-Electric Limited(KEL)	57,922,646 ▲ 0.02
Sui South Gas / Apr 11 Sui Southern Gas Company Limited(SSGC)	44,734,661 ▲ 0.52
Pak Elektron / Apr 11 Pak Elektron Limited(PAEL)	40,461,763 ▲ 2.13
Pak Int.Bulk / Apr 11 Pakistan International Bulk Terminal(PIBTL)	37,973,873 ▼ -0.34
B.O.Punjab / Apr 11 The Bank of Punjab(BOP)	33,069,655 ▲ 0.54
Citi Pharma Ltd / Apr 11 Citi Pharma Limited(CPHL)	25,314,966 ▲ 2.71
Maple Leaf Cement / Apr 11 Maple Leaf Cement Factory Limited(MLCF)	21,075,820 ▲ 0.24
Fauji Cement / Apr 11 Fauji Cement Company Limited(FCCL)	19,242,425 ▼ -0.65
WorldCall Telecom / Apr 11 Worldcall Telecom Limited(WTL)	16,890,477 ▼ -0.01

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