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Print - 2009-04-28
Lawmakers to quiz US homeland security chief on swine flu

Lawmakers to quiz US homeland security chief on swine flu

US Homeland Security Secretary Janet Napolitano will face lawmakers questions this week on the ongoing response to the outbreak of swine flu in several states, a key US Senate panel said Monday. Napolitano will go before the Senate Homeland Security and G
Published 28 Apr, 2009 12:00am
Lawmakers to quiz US homeland security chief on swine flu

Lawmakers to quiz US homeland security chief on swine flu

US Homeland Security Secretary Janet Napolitano will face lawmakers questions this week on the ongoing response to the outbreak of swine flu in several states, a key US Senate panel said Monday. Napolitano will go before the Senate Homeland Security and G
Published 28 Apr, 2009 12:00am
'Post-refund audit must to check authenticity of claims'

'Post-refund audit must to check authenticity of claims'

A strong post-refund audit system would be necessary to implement the new sales tax refund system at the Large Taxpayer Unit (LTU), Islamabad where refunds would be issued without 100 percent verification of documents. The testing of new sales tax refund
Published 28 Apr, 2009 12:00am
Gilani for strict implementation, enforcement of IPR laws

Gilani for strict implementation, enforcement of IPR laws

The Prime Minister Syed Yousuf Raza Gilani has said that investment and innovation could not come to the country without strict implementation and enforcement of the laws related to the Intellectual Property Rights (IPR). He was addressing a national conf
Published 28 Apr, 2009 12:00am
Brown discusses political, other issues with Nawaz

Brown discusses political, other issues with Nawaz

British Prime Minister Gordon Brown on Monday called on PML-N chief and former Prime Minister Nawaz Sharif and discussed political situation and other issues of mutual importance. The British Prime Minister Gordon Brown paid a courtesy call on Pakistan Mu
Published 28 Apr, 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 (April 27, 2009).
Published 28 Apr, 2009 12:00am
Pakistan will not seek additional funding from IMF: Babar

Pakistan will not seek additional funding from IMF: Babar

Pakistan will not seek additional funding from the International Monetary Fund (IMF) after the $5.28 billion pledged during the Friends of Democratic Pakistan (FODP) meeting on 17 April, considered adequate to meet the requirements of the country, Federal
Published 28 Apr, 2009 12:00am
Navies complete Gulf anti-terror exercise

Navies complete Gulf anti-terror exercise

Naval forces from 13 countries completed a nine-day exercise in the Gulf aimed at helping deter terrorist activity in the marine environment, the US Fifth Fleet said on Monday. Exercise Arabian Gauntlet demonstrated the ability of the forces to counter po
Published 28 Apr, 2009 12:00am
Navies complete Gulf anti-terror exercise

Navies complete Gulf anti-terror exercise

Naval forces from 13 countries completed a nine-day exercise in the Gulf aimed at helping deter terrorist activity in the marine environment, the US Fifth Fleet said on Monday. Exercise Arabian Gauntlet demonstrated the ability of the forces to counter po
Published 28 Apr, 2009 12:00am
Country achieved self-sufficiency in wheat: Senate informed

Country achieved self-sufficiency in wheat: Senate informed

Federal Minister for Food and Agriculture, Nazar Muhammad Gondal has said that the country had achieved self-sufficiency in wheat, and it could become wheat exporting country after this year''s bumper crop. Gondal was speaking in Senate after the house co
Published 28 Apr, 2009 12:00am
Pesco issues power shutdown schedule

Pesco issues power shutdown schedule

Due to repair and maintenance work power supply will remain suspended from 132-kv Shahi Bagh Grid Station on April 29 from 8:00 am to 12:00 pm. resultantly the consumers of 11-kv Shahi Bagh, Bashir Abad, Eid Ghah feeders will face inconvenience.
Published 28 Apr, 2009 12:00am
Unilever's first quarter profit increases

Unilever's first quarter profit increases

The profit after tax of Unilever Pakistan Limited has increased to Rs 559.304 million in the first quarter ended March 31, 2009 as compared to Rs 518.982 million in the corresponding period last year. The board of directors of the company in its meeting h
Published 28 Apr, 2009 12:00am
Unilever's first quarter profit increases

Unilever's first quarter profit increases

The profit after tax of Unilever Pakistan Limited has increased to Rs 559.304 million in the first quarter ended March 31, 2009 as compared to Rs 518.982 million in the corresponding period last year. The board of directors of the company in its meeting h
Published 28 Apr, 2009 12:00am
Senior journalist Azhar Butt passes away

Senior journalist Azhar Butt passes away

A senior journalist Azhar Mahmood Butt died here at the Civil Hospital Karachi after a brief illness. He leaves behind a widow, two sons and two daughters to mourn his death. The 'Namaz-i-Janaza' of the deceased was offered at Katchi Masjid in Saddar and
Published 28 Apr, 2009 12:00am
Sindh PSMA opposes NOC for setting up of new sugar mills

Sindh PSMA opposes NOC for setting up of new sugar mills

Sindh sugar industry has opposed issuance of no objection certificates (NOCs) for the new sugar mills in Sindh. Referring to a news, published by print media, saying that the government of Sindh has issued NOCs for setting up of seven new sugar mills in S
Published 28 Apr, 2009 12:00am
TDAP chief to visit Punjab districts soon

TDAP chief to visit Punjab districts soon

The Chief Executive, Trade Development Authority of Pakistan (TDAP), Syed Mohibullah Shah will soon visit Sialkot, Gujrat and Lahore to interact with the industrialists and exporters in order to identify the new products and new markets for enhancing the
Published 28 Apr, 2009 12:00am
TIP calls HOPO: act as National Reconciliation Act

TIP calls HOPO: act as National Reconciliation Act

The bill of Holder of Public Office (Accountability) Act, 2009, to repeal NAB Ordinance 1999 is a vague bill, made only for the elected parliamentarians, excluding civil servants, local government members, and armed forces personnel, and is actually Natio
Published 28 Apr, 2009 12:00am
Gilgit Scouts to take control of Red Zone security

Gilgit Scouts to take control of Red Zone security

Gilgit Scouts are set to take control of the Red Zone security and VVIP personalities, while only seven entry points to Islamabad will remain open, where hi-tech explosive scanners will be installed shortly.
Published 28 Apr, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Apr, 2009 12:00am
'Swat peace agreement be implemented in letter and spirit'

'Swat peace agreement be implemented in letter and spirit'

In the wake of on going tension in the tribal areas and Swat the religious parties has called on the meeting of all the religious parties on May 14 in Lahore to discuss the situation. This was announced by the Naib Amir Jamaat-i-Islami Pakistan Liaquat Ba
Published 28 Apr, 2009 12:00am
Slight decline in SNGPL profit

Slight decline in SNGPL profit

The profit after tax of Sui Northern Gas Pipelines Limited (SNGPL) has slightly declined to Rs 325.897 million in the quarter ended March 31, 2009 as compared to Rs 336.499 million earned in the corresponding period in 2008.
Published 28 Apr, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (April 27, 2009).

Published 28 Apr, 2009 12:00am
Slight decline in SNGPL profit

Slight decline in SNGPL profit

The profit after tax of Sui Northern Gas Pipelines Limited (SNGPL) has slightly declined to Rs 325.897 million in the quarter ended March 31, 2009 as compared to Rs 336.499 million earned in the corresponding period in 2008.
Published 28 Apr, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 28 Apr, 2009 12:00am
PFMA urges minister to clarify ban on wheat movement

PFMA urges minister to clarify ban on wheat movement

Chairman, Pakistan Flour Mills Association (PFMA), Sindh Circle, Syed Johar Qandhari has urged the food minister Sindh to clarify its policy about ban on inter-provincial and inter-district wheat movement.
Published 28 Apr, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Apr, 2009 12:00am
Fund size of MIF crosses Rs four billion mark

Fund size of MIF crosses Rs four billion mark

Meezan Islamic Fund (MIF) has substantially outperformed its benchmark Dow Jones Islamic Index and other indexes on Karachi Stock Exchange (KSE) during the quarter ended March 31, 2009, said Chief Executive of Al Meezan Investments, Mohammad Shoaib. He hi
Published 28 Apr, 2009 12:00am
Board meetings in progress

Board meetings in progress

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

Published 28 Apr, 2009 12:00am
Investigation into construction: MQM MNA flays role of PAC

Investigation into construction: MQM MNA flays role of PAC

The sub-committee of Public Accounts Committee (PAC) on Monday was seen crumbling before MNA Haider Abbas Rizvi of Muttahida Qaumi Movement (MQM) to proceed further in the construction of Jet Fountain near Oyster Rocks, Karachi at a cost of Rs 224 million
Published 28 Apr, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Apr, 2009 12:00am
CCP to protect consumers from anti-competitive behaviour of companies

CCP to protect consumers from anti-competitive behaviour of companies

The Competition Commission of Pakistan (CCP) has conveyed to the corporate and legal representatives of the private sector that the commission would take immediate measures to protect consumers from anti-competitive behaviour of companies in Pakistan.
Published 28 Apr, 2009 12:00am
MQM leader shot dead

MQM leader shot dead

A local Muttahida Qaumi Movement (MQM) leader was killed while a driver of armed forces found injured in jurisdiction of Brigade police limits in wee hours on Monday morning, police said.
Published 28 Apr, 2009 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

It was an unexpected end of the National Assembly's 12th session on Monday. This is how our parliamentarians behave and they close most what are called "the national issues" without taking them to a logical conclusion. The same parliamentarians were yelli
Published 28 Apr, 2009 12:00am
Fund size of MIF crosses Rs four billion mark

Fund size of MIF crosses Rs four billion mark

Meezan Islamic Fund (MIF) has substantially outperformed its benchmark Dow Jones Islamic Index and other indexes on Karachi Stock Exchange (KSE) during the quarter ended March 31, 2009, said Chief Executive of Al Meezan Investments, Mohammad Shoaib. He hi
Published 28 Apr, 2009 12:00am
RCCI and PPAF agree to set up modern health care unit

RCCI and PPAF agree to set up modern health care unit

To provide better health facility to under-dogged and deserving people, the Rawalpindi Chamber of Commerce and Industry (RCCI) and Pakistan Poverty Alleviation Fund (PPAF) have agreed to set up a modern health centre in Rawalpindi or Attock. This was deci
Published 28 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Monday (April 27, 2009).

Published 28 Apr, 2009 12:00am
Prime Minister greets Karzai on Revolution Day

Prime Minister greets Karzai on Revolution Day

Prime Minister Syed Yousuf Raza Gilani has sent a message of greetings to the President of the Islamic Republic of Afghanistan, Hamid Karzai on the occasion of their Revolution Day on April 28, 2009. In his message, the Prime Minister said, "It gives me g
Published 28 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Monday (April 27, 2009).

Published 28 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Monday (April 27, 2009).

Published 28 Apr, 2009 12:00am
National Assembly prorogued

National Assembly prorogued

The National Assembly was abruptly prorogued on Monday without discussing and recommending input to the government for evolving a strategy against militancy and extremism in the light the report of the Parliamentary Committee on National Security.
Published 28 Apr, 2009 12:00am
Appointments in Railways: allegations of bribery and corruption

Appointments in Railways: allegations of bribery and corruption

Certain officials of Pakistan Railways (PR) have been accused of taking bribe from candidates seeking jobs. The officials deputed by the federal government department for the recruitment of Electronics Maintenance (EM) professionals have mostly selected a
Published 28 Apr, 2009 12:00am
Adamjee Insurance's profit after tax increased to Rs 441.444 million

Adamjee Insurance's profit after tax increased to Rs 441.444 million

The profit after tax of Adamjee Insurance Company Limited has increased to Rs 441.444 million in the quarter ended March 31, 2009 as compared to Rs 88.425 million, earned in the corresponding period in 2008. The board of directors of the company in its me
Published 28 Apr, 2009 12:00am
THE RUPEE: rates move both ways

THE RUPEE: rates move both ways

The rates moved both ways on the currency market on Monday despite the high demand for dollars, money viewers said. On the interbank market the rupee looked ahead, gaining five paisa against dollar for buying at 80.47 and rose by three paisa for selling a
Published 28 Apr, 2009 12:00am
Adamjee Insurance's profit after tax increased to Rs 441.444 million

Adamjee Insurance's profit after tax increased to Rs 441.444 million

The profit after tax of Adamjee Insurance Company Limited has increased to Rs 441.444 million in the quarter ended March 31, 2009 as compared to Rs 88.425 million, earned in the corresponding period in 2008. The board of directors of the company in its me
Published 28 Apr, 2009 12:00am
THE RUPEE: rates move both ways

THE RUPEE: rates move both ways

The rates moved both ways on the currency market on Monday despite the high demand for dollars, money viewers said. On the interbank market the rupee looked ahead, gaining five paisa against dollar for buying at 80.47 and rose by three paisa for selling a
Published 28 Apr, 2009 12:00am
KSE re-invites bids for membership rights

KSE re-invites bids for membership rights

The board's committee of the Karachi Stock Exchange (KSE) has decided to reject all bids and issue new schedule of invitation of bids for the membership rights of the same seat. In a notice, KSE announced to re-invite bids for purchase of membership right
Published 28 Apr, 2009 12:00am
Senators concerned over PIA pilots-management 'perks deal'

Senators concerned over PIA pilots-management 'perks deal'

Senators on Monday took strong exception of recent raise in flying hours to PIA pilots and referred the matter to Senate standing committee on defence for investigation. Speaking at a point of order Senator Raza Rabbani said that giving raise to the PIA o
Published 28 Apr, 2009 12:00am
PPL earns Rs 7.195 billion profit after tax

PPL earns Rs 7.195 billion profit after tax

Pakistan Petroleum Limited (PPL) has earned Rs 7.195 billion as profit after tax in the quarter ended March 31, 2009 as compared to Rs 5.676 billion in the same period in 2008. The board of directors of the company in its meeting held on Monday declared t
Published 28 Apr, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 27, 2009).

Published 28 Apr, 2009 12:00am
ABL profit after tax increases to Rs 1.448 billion

ABL profit after tax increases to Rs 1.448 billion

The profit after tax of Allied Bank Limited (ABL) has increased to Rs 1.448 billion in the quarter ended March 31, 2009 as compared to Rs 1.357 billion in the corresponding period in 2008. The board of directors of the bank in its meeting declared that th
Published 28 Apr, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 27, 2009).

Published 28 Apr, 2009 12:00am
ABL profit after tax increases to Rs 1.448 billion

ABL profit after tax increases to Rs 1.448 billion

The profit after tax of Allied Bank Limited (ABL) has increased to Rs 1.448 billion in the quarter ended March 31, 2009 as compared to Rs 1.357 billion in the corresponding period in 2008. The board of directors of the bank in its meeting declared that th
Published 28 Apr, 2009 12:00am
PNSC earns Rs 1.940 billion profit in nine months

PNSC earns Rs 1.940 billion profit in nine months

The consolidated profit after tax of Pakistan National Shipping Corporation (PNSC) has increased to Rs 1.940 billion in the nine months period of FY09 against Rs 1.514 billion earned in the corresponding period of FY08. The board of directors of the compa
Published 28 Apr, 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 4TH April, 2009.

Published 28 Apr, 2009 12:00am
PNSC earns Rs 1.940 billion profit in nine months

PNSC earns Rs 1.940 billion profit in nine months

The consolidated profit after tax of Pakistan National Shipping Corporation (PNSC) has increased to Rs 1.940 billion in the nine months period of FY09 against Rs 1.514 billion earned in the corresponding period of FY08. The board of directors of the compa
Published 28 Apr, 2009 12:00am
Presentation on CSF today

Presentation on CSF today

Karachi Stock Exchange (KSE) has organised a presentation on Cash Settled Futures (CSF) on Tuesday (today) to enhance the knowledge of market participants on the subject matter.
Published 28 Apr, 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 4TH April, 2009.

Published 28 Apr, 2009 12:00am
CDGK has no plan to build public toilets

CDGK has no plan to build public toilets

The City District Government Karachi (CDGK), which claims to have undertaken unprecedented projects for developing the city's infrastructure, is yet to place the construction of public toilets (PT) at public places on its uplift agenda. Despite the pressi
Published 28 Apr, 2009 12:00am
Steps taken to ensure transparent wheat procurement

Steps taken to ensure transparent wheat procurement

Necessary steps have been taken to monitor and ensure transparent procurement of wheat across the province, said Director General, Surveillance, Tariq Feroze on Monday. He noted that farmers were reportedly facing difficulty in obtaining empty bags from t
Published 28 Apr, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (April 27, 2009).

Published 28 Apr, 2009 12:00am
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