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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-03-25
ADB loan re-lending to power sector: ECC refuses to change policy

ADB loan re-lending to power sector: ECC refuses to change policy

The Economic Co-ordination Committee (ECC) of the Cabinet has refused to change the on-lending policy for the Ministry of Water and Power, which intended to on-lend Asian Development Bank (ADB) loan at 12 percent, rather than at prevalent rate of 17 perce
Published 25 Mar, 2009 12:00am
Services of Rabbani, Sherry acknowledged

Services of Rabbani, Sherry acknowledged

The Economic Co-ordination Committee (ECC) of the Cabinet, in its meeting on March 19, recognised the contribution of two ministers - Mian Raza Rabbani and Sherry Rehman - who tendered their resignations due to differences with the leadership. Extending r
Published 25 Mar, 2009 12:00am
Subsidy on DAP to go from Kharif

Subsidy on DAP to go from Kharif

The government has decided to remove subsidy on DAP for the coming Kharif season. This may take the price of the fertiliser to Rs 5500 per 50 kg bag in the domestic market. Sources told Business Recorder here on Tuesday that this decision was to be
Published 25 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 Tuesday (March 24, 2009).

Published 25 Mar, 2009 12:00am
Subsidy on DAP to go from Kharif

Subsidy on DAP to go from Kharif

The government has decided to remove subsidy on DAP for the coming Kharif season. This may take the price of the fertiliser to Rs 5500 per 50 kg bag in the domestic market. Sources told Business Recorder here on Tuesday that this decision was to be
Published 25 Mar, 2009 12:00am
Subsidy on DAP to go from Kharif

Subsidy on DAP to go from Kharif

The government has decided to remove subsidy on DAP for the coming Kharif season. This may take the price of the fertiliser to Rs 5500 per 50 kg bag in the domestic market. Sources told Business Recorder here on Tuesday that this decision was to be
Published 25 Mar, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 24, 2009).
Published 25 Mar, 2009 12:00am
Gainers outclass losers on ISE

Gainers outclass losers on ISE

Gainers outclassed losers at the Islamabad Stock Exchange (ISE) where bulls commanded the proceedings under the lead of trend-setters amid increase in index. ISE Ten Index showed an increase of 61.62 points, as the index moved from 1,469.43 to 1,531.05 po
Published 25 Mar, 2009 12:00am
Gainers outclass losers on ISE

Gainers outclass losers on ISE

Gainers outclassed losers at the Islamabad Stock Exchange (ISE) where bulls commanded the proceedings under the lead of trend-setters amid increase in index. ISE Ten Index showed an increase of 61.62 points, as the index moved from 1,469.43 to 1,531.05 po
Published 25 Mar, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 24, 2009).

Published 25 Mar, 2009 12:00am
Militants warn government to stop mobile phone network expansion

Militants warn government to stop mobile phone network expansion

Militants Tuesday warned the government to stop expanding the mobile telephone network in a restive tribal area, worried it could be used to spy on their activities. They circulated a pamphlet in Wana, the main town of South Waziristan on the Afghan borde
Published 25 Mar, 2009 12:00am
24 dead in held Kashmir fighting

24 dead in held Kashmir fighting

Indian occupation troops in held Kashmir shot dead five suspected Mujahideen on Tuesday, bringing the death toll on both sides from several days of forest gunbattles to 24, the army said. An army statement said eight occupation soldiers and 16 suspected M
Published 25 Mar, 2009 12:00am
24 dead in held Kashmir fighting

24 dead in held Kashmir fighting

Indian occupation troops in held Kashmir shot dead five suspected Mujahideen on Tuesday, bringing the death toll on both sides from several days of forest gunbattles to 24, the army said. An army statement said eight occupation soldiers and 16 suspected M
Published 25 Mar, 2009 12:00am
Investors indulge in intra-day trading on KSE

Investors indulge in intra-day trading on KSE

Intra-day trading constitutes three out of four buy and sell reflecting that investors confidence is still not fully resorted. On March 19, intra-day trades were 71.5 percent of total market volume of Rs 9.8 billion, and this was the highest intra-day tra
Published 25 Mar, 2009 12:00am
Investors indulge in intra-day trading on KSE

Investors indulge in intra-day trading on KSE

Intra-day trading constitutes three out of four buy and sell reflecting that investors confidence is still not fully resorted. On March 19, intra-day trades were 71.5 percent of total market volume of Rs 9.8 billion, and this was the highest intra-day tra
Published 25 Mar, 2009 12:00am
Investors indulge in intra-day trading on KSE

Investors indulge in intra-day trading on KSE

Intra-day trading constitutes three out of four buy and sell reflecting that investors confidence is still not fully resorted. On March 19, intra-day trades were 71.5 percent of total market volume of Rs 9.8 billion, and this was the highest intra-day tra
Published 25 Mar, 2009 12:00am
Pakistani, Afghan leaders to hold fresh talks in Turkey

Pakistani, Afghan leaders to hold fresh talks in Turkey

The presidents of Afghanistan and Pakistan will hold talks in Ankara in early April in a third Turkish-sponsored meeting to bring the troubled neighbours closer, a Turkish diplomat said Tuesday. The talks between Hamid Karzai of Afghanistan and Asif Ali Z
Published 25 Mar, 2009 12:00am
Pakistani, Afghan leaders to hold fresh talks in Turkey

Pakistani, Afghan leaders to hold fresh talks in Turkey

The presidents of Afghanistan and Pakistan will hold talks in Ankara in early April in a third Turkish-sponsored meeting to bring the troubled neighbours closer, a Turkish diplomat said Tuesday. The talks between Hamid Karzai of Afghanistan and Asif Ali Z
Published 25 Mar, 2009 12:00am
Wrtsil to deliver another major power plant to Pakistan

Wrtsil to deliver another major power plant to Pakistan

Wrtsil company received another major order from Pakistan, by Liberty Power Tech Ltd, an independent power producer (IPP). The contract value is about euro 137 million. Total gross power output of the plant is 200 MWe, located near Faisalabad, Punjab, it
Published 25 Mar, 2009 12:00am
UKs new anti-terror strategy eyes Pakistan

UKs new anti-terror strategy eyes Pakistan

Britain published a new counter-terrorism strategy Tuesday, notably highlighting the risks posed by potential extremist activity in Pakistan and Somalia. While the al Qaeda network is likely to fragment over time, officials warned of the growing threat of
Published 25 Mar, 2009 12:00am
UKs new anti-terror strategy eyes Pakistan

UKs new anti-terror strategy eyes Pakistan

Britain published a new counter-terrorism strategy Tuesday, notably highlighting the risks posed by potential extremist activity in Pakistan and Somalia. While the al Qaeda network is likely to fragment over time, officials warned of the growing threat of
Published 25 Mar, 2009 12:00am
PPL declares second interim dividend

PPL declares second interim dividend

The Pakistan Petroleum Limited (PPL) has declared second interim dividend, of Rs 5.00 per share ie 50 percent, on fully paid ordinary shares of Rs 10 each, for the year ending by June 30, 2009. This was decided at the meeting of the board of directors of
Published 25 Mar, 2009 12:00am
PPL declares second interim dividend

PPL declares second interim dividend

The Pakistan Petroleum Limited (PPL) has declared second interim dividend, of Rs 5.00 per share ie 50 percent, on fully paid ordinary shares of Rs 10 each, for the year ending by June 30, 2009. This was decided at the meeting of the board of directors of
Published 25 Mar, 2009 12:00am
PPL declares second interim dividend

PPL declares second interim dividend

The Pakistan Petroleum Limited (PPL) has declared second interim dividend, of Rs 5.00 per share ie 50 percent, on fully paid ordinary shares of Rs 10 each, for the year ending by June 30, 2009. This was decided at the meeting of the board of directors of
Published 25 Mar, 2009 12:00am
PPL declares second interim dividend

PPL declares second interim dividend

The Pakistan Petroleum Limited (PPL) has declared second interim dividend, of Rs 5.00 per share ie 50 percent, on fully paid ordinary shares of Rs 10 each, for the year ending by June 30, 2009. This was decided at the meeting of the board of directors of
Published 25 Mar, 2009 12:00am
US will keep offensive going in Afghanistan

US will keep offensive going in Afghanistan

President Barack Obama says he will make sure the United States stays on the offensive in the war in Afghanistan. Speaking to reporters in the Oval Office on Tuesday, the president was giving no details of his administrations review of how to proceed in A
Published 25 Mar, 2009 12:00am
US will keep offensive going in Afghanistan

US will keep offensive going in Afghanistan

President Barack Obama says he will make sure the United States stays on the offensive in the war in Afghanistan. Speaking to reporters in the Oval Office on Tuesday, the president was giving no details of his administrations review of how to proceed in A
Published 25 Mar, 2009 12:00am
CJP vows to end corruption from judiciary

CJP vows to end corruption from judiciary

Chief Justice Iftikhar Muhammad Chaudhry on Tuesday expressed his gratitude to Almighty Allah for restoration of real judiciary with a resolve to eradicate corruption from the judiciary.
Published 25 Mar, 2009 12:00am
CJP vows to end corruption from judiciary

CJP vows to end corruption from judiciary

Chief Justice Iftikhar Muhammad Chaudhry on Tuesday expressed his gratitude to Almighty Allah for restoration of real judiciary with a resolve to eradicate corruption from the judiciary.
Published 25 Mar, 2009 12:00am
Yahya Bin Said Abdullah gets civil award

Yahya Bin Said Abdullah gets civil award

POAMCL has announced that the government of Pakistan has conferred upon the Chairman of the company, H.E. Yahya Bin Said Abdullah Al Jabri, the prestigious civil award "Sitara-e-Quid-e-Azam" in recognition of the services rendered by him.
Published 25 Mar, 2009 12:00am
Increase in power tariff irks FPCCI

Increase in power tariff irks FPCCI

Acting President of FPCCI Muhammad Mansha Churra has expressed his grave concern on the increase of power tariff by six paisa per unit with retrospective from February 2009 for all consumers except farmers and electric users up to 50 units. There are appr
Published 25 Mar, 2009 12:00am
Postings and transfers in FBR

Postings and transfers in FBR

The Federal Board of Revenue (FBR) has transferred and Posted Shaukat Ali (Customs and Excise Group/BS-18) from Deputy Collector, Regional Tax Office, Karachi to Deputy Collector, Regional Tax Office, Lahore; Nadeem Ahsan (Customs and Excise Group/BS-18)
Published 25 Mar, 2009 12:00am
Top taxpayer, exporter to get Presidential medal

Top taxpayer, exporter to get Presidential medal

The government has decided to award Presidential medal/civil award to the highest taxpayer and top exporter of Pakistan on the occasion of Independence Day on August 14 2009. In this connection, the Industries and Commerce Department of Sindh has asked th
Published 25 Mar, 2009 12:00am
REAP team has successful talks with Saudi importers

REAP team has successful talks with Saudi importers

A 16-member trade delegation of Rice Exporters Association of Pakistan (REAP), led by Abdul Rahim Janoo, held its meeting with the members of Dammam Chamber of Commerce (DCC) on Tuesday. According to a press release issued here, the delegation had success
Published 25 Mar, 2009 12:00am
Petition seeks removal of PCO judges

Petition seeks removal of PCO judges

The Supreme Court on Tuesday was requested for the removal of judges who took oath after November 3, 2007. Advocate Nadeem Ahmed filed the petition under article 184(3) of the Constitution through his counsel Muhammad Akram Sheikh, making Federation of Pa
Published 25 Mar, 2009 12:00am
Attorney General and law officers meet CJP

Attorney General and law officers meet CJP

A delegation of Law Officers of Pakistan led by Sardar Muhammad Latif Khan Khosa, Attorney General for Pakistan paid a courtesy call to the Chief Justice of Pakistan, Iftikhar Muhammad Chaudhry. During the meeting matters relating to various constitutiona
Published 25 Mar, 2009 12:00am
SOEs employees to get 12 percent shares on discount rate

SOEs employees to get 12 percent shares on discount rate

The Privatisation Commission (PC) has decided to give 12 percent share, on discount rate, to all permanent and contractual employees of all state-owned enterprises (SOEs), who have minimum five years service. The decision to this effect was taken here on
Published 25 Mar, 2009 12:00am
PTCL doubles Broadband speed

PTCL doubles Broadband speed

Pakistan Telecommunication Company Limited, PTCL has announced to double the Broadband speed for its customers, at no extra cost. This was stated by Dr Sadik Al-Jadir, SEVP Commercial to mark the Pakistan day. He further stated that PTCL aspired to provid
Published 25 Mar, 2009 12:00am
Saarc CCI hails decision to promote bilateral trade with India

Saarc CCI hails decision to promote bilateral trade with India

The leadership of Saarc Chamber of Commerce & Industry (Saarc CCI) has hailed the government of Pakistan for its decision to promote bilateral trade between India and Pakistan by allowing trade through Wagah-Attari road link and increasing number of trada
Published 25 Mar, 2009 12:00am
PPP-led government clueless about solving problems of masses

PPP-led government clueless about solving problems of masses

Setting what was largely called "a national agenda" at the outset of coming into power, one year down the line the government is in total loss of direction and clueless how to resolve even the minor problems being faced by common man.
Published 25 Mar, 2009 12:00am
RCCI demands soft loans for exporters

RCCI demands soft loans for exporters

Rawalpindi Chamber of Commerce and Industry (RCCI) has demanded of the State Bank of Pakistan (SBP) to provide soft loans to exporters to help them enhance the exports, besides make their products compatible in international market. The interest rate on t
Published 25 Mar, 2009 12:00am
BAF demands lifting of governor rule

BAF demands lifting of governor rule

Chairman, Businessman Action Forum (BAF) Muhammad Ali Mian has underscored the needs of lifting governor rule from Punjab immediately for smooth trade and commerce activities in the province. Addressing a press conference here on Tuesday at Sialkot Chambe
Published 25 Mar, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 25 Mar, 2009 12:00am
Dr Shaukat greeted

Dr Shaukat greeted

Doctors and staff members of Federal Government Services Hospital (Poly Clinic) here on Tuesday congratulated Dr Shaukat Hameed Kiani on getting pride of performance award on the auspicious Pakistan Day. Dr Shaukat was given the award in recognition of hi
Published 25 Mar, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (March 24, 2009).

Published 25 Mar, 2009 12:00am
BAF slams killing of newsman

BAF slams killing of newsman

Businessman Action Forum (BAF) in its meeting held on Tuesday has strongly condemned the killing of Dawn News reporter Tariq Malik. The meeting unanimously adopt a resolution demanded the government and concerned authorities to arrest the culprits immedia
Published 25 Mar, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 25 Mar, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Mar, 2009 12:00am
National Assembly body approves FBR Bill 2009

National Assembly body approves FBR Bill 2009

National Assemblys Standing Committee on Finance and Revenue here on Tuesday approved the Federal Board of Revenue (FBR) Bill- 2009 with some amendments. Meeting of the committee, held at parliament house, was chaired by Fauzia Wahab, said a press release
Published 25 Mar, 2009 12:00am
Board meetings in progress

Board meetings in progress

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

Published 25 Mar, 2009 12:00am
National Assembly body approves FBR Bill 2009

National Assembly body approves FBR Bill 2009

National Assemblys Standing Committee on Finance and Revenue here on Tuesday approved the Federal Board of Revenue (FBR) Bill- 2009 with some amendments. Meeting of the committee, held at parliament house, was chaired by Fauzia Wahab, said a press release
Published 25 Mar, 2009 12:00am
Hamid Ali Mirza takes oath as CEC

Hamid Ali Mirza takes oath as CEC

Former Justice Hamid Ali Mirza took oath as Chief Election Commissioner (CEC) of Pakistan here on Tuesday. Chief Justice of Pakistan, Justice Iftikhar Muhammad Chaudhry administered the oath to Former Justice Hamid Ali Mirza at a ceremony held in the Supr
Published 25 Mar, 2009 12:00am
Naek, Jamali condemn murder of newsman

Naek, Jamali condemn murder of newsman

Acting President Farooq H. Naek and acting Chairman Senate Jan Muhammad Jamali have strongly condemned the murder of Lahore based Dawn TV reporter Tariq Malik. In their separate messages of condemnation, they expressed deep grief and sorrow over th
Published 25 Mar, 2009 12:00am
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