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Print - 2009-09-01
Two US, two UK troops killed in Afghanistan

Two US, two UK troops killed in Afghanistan

Bombs killed four Nato troops Monday two Americans and two Britons ending the deadliest month of the war for US forces as the top Nato commander called for a new strategy to confront the Taliban. The US military said the two Americans were killed in separ
Published 01 Sep, 2009 12:00am
Vietnam sees coffee exports up 15 percent

Vietnam sees coffee exports up 15 percent

Vietnam, the world's second-largest coffee exporter after Brazil, could ship 1.15 million tonnes (19.2 million bags) this year, a rise of 15 percent from 2008, an industry report said. Earnings from coffee, the second-largest export earner after rice, are
Published 01 Sep, 2009 12:00am
'Stop smear campaign': PML-N gives Presidency 48 hours

'Stop smear campaign': PML-N gives Presidency 48 hours

The PML-N on Monday claimed that Pervez Musharraf-supported troika, including Aiwan-e-Sadr, is bent upon side-tracking the issue of trial "of the dictator" through smear campaign against PML-N and its leadership, but the conspirators would never succeed i
Published 01 Sep, 2009 12:00am
EU wheat slips

EU wheat slips

Wheat prices in major west European markets slipped in late trade as a fall in Chicago wheat and bearish sentiment about heavy supplies offset spillover support from surging soybean prices, traders said. Euronext operators remained bearish about wheat in
Published 01 Sep, 2009 12:00am
'Stop smear campaign': PML-N gives Presidency 48 hours

'Stop smear campaign': PML-N gives Presidency 48 hours

The PML-N on Monday claimed that Pervez Musharraf-supported troika, including Aiwan-e-Sadr, is bent upon side-tracking the issue of trial "of the dictator" through smear campaign against PML-N and its leadership, but the conspirators would never succeed i
Published 01 Sep, 2009 12:00am
Light rain helps Ivorian main cocoa crop

Light rain helps Ivorian main cocoa crop

Light or patchy rain fell across many of the main cocoa growing regions in Ivory Coast last week, conditions that will encourage a healthy 2009/10 main crop if accompanied by further sunny spells, farmers said on Monday. Farmers in the world's top cocoa g
Published 01 Sep, 2009 12:00am
PCB sacks chief operating officer Altaf

PCB sacks chief operating officer Altaf

Former Pakistan test player Salim Altaf has been sacked as chief operating officer of the Pakistan Cricket Board (PCB). "The chairman of the board (Ejaz Butt) has said in a letter that the services of Mr Salim Altaf are no longer required by the board," a
Published 01 Sep, 2009 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 209,591 tonnes of cargo including 118,584 tonnes import and 91,007 tonnes export cargo including 3,302 empty and loaded containers during last 48 hours ending at 0700 hours on Monday. The cargo comprised of 169,298 tonnes dry carg
Published 01 Sep, 2009 12:00am
PCB sacks chief operating officer Altaf

PCB sacks chief operating officer Altaf

Former Pakistan test player Salim Altaf has been sacked as chief operating officer of the Pakistan Cricket Board (PCB). "The chairman of the board (Ejaz Butt) has said in a letter that the services of Mr Salim Altaf are no longer required by the board," a
Published 01 Sep, 2009 12:00am
Two US, two UK troops killed in Afghanistan

Two US, two UK troops killed in Afghanistan

Bombs killed four Nato troops Monday two Americans and two Britons ending the deadliest month of the war for US forces as the top Nato commander called for a new strategy to confront the Taliban. The US military said the two Americans were killed in separ
Published 01 Sep, 2009 12:00am
Denmark to harvest 9.8 million tonnes of grain

Denmark to harvest 9.8 million tonnes of grain

The Danish grain harvest will reach a record 9.8 million tonnes in 2009, up from 9.1 million last year, the Danish farming newspaper Landbrugsavisen said, citing a survey of 12 agriculture consultants. Denmark is a producer of oats, barley, wheat and rye.
Published 01 Sep, 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 01 Sep, 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 01 Sep, 2009 12:00am
Pakistan to seek FoDP help for BBBP financing

Pakistan to seek FoDP help for BBBP financing

Directing sentence remission for women and aged prisoners, President Asif Ali Zardari on Monday issued directives to launch the women-friendly 'Benazir Behan Basti Program' (BBBP) for which financial support would be sought from Friends of Democratic Paki
Published 01 Sep, 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 (August 31, 2009).

Published 01 Sep, 2009 12:00am
Pakistan to seek FoDP help for BBBP financing

Pakistan to seek FoDP help for BBBP financing

Directing sentence remission for women and aged prisoners, President Asif Ali Zardari on Monday issued directives to launch the women-friendly 'Benazir Behan Basti Program' (BBBP) for which financial support would be sought from Friends of Democratic Paki
Published 01 Sep, 2009 12:00am
FBR steps to bring pharmaceutical industry into tax net

FBR steps to bring pharmaceutical industry into tax net

The Federal Board of Revenue (FBR) has decided to take strict enforcement measures to bring pharmaceutical industry into the tax net. Sources told Business Recorder here on Monday that the pharmaceutical sector is one of the most potential sectors
Published 01 Sep, 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 (August 31, 2009).

Published 01 Sep, 2009 12:00am
Certain cargoes exempted from pasting packing list

Certain cargoes exempted from pasting packing list

The Federal Board of Revenue (FBR) has exempted a wide range of imports from pasting packing list and invoices inside the door of import containers for clearance of iron/steel/aluminium scrap, old and used vehicles, unpacked bulk cargo, imports under Duty
Published 01 Sep, 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 (August 31, 2009).

Published 01 Sep, 2009 12:00am
BRIndex30 gains 164.62 points

BRIndex30 gains 164.62 points

On Monday, the BRIndex30 opened at 7,834.72, and closed at 7,999.34 with a net positive change of 164.62 points and percentage change of 2.10. It experienced intra-day high of 8,045.86 and low of 7,833.53. The volume of BRIndex30 was 216,130,812 shares, w
Published 01 Sep, 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 (August 31, 2009).

Published 01 Sep, 2009 12:00am
BRIndex30 gains 164.62 points

BRIndex30 gains 164.62 points

On Monday, the BRIndex30 opened at 7,834.72, and closed at 7,999.34 with a net positive change of 164.62 points and percentage change of 2.10. It experienced intra-day high of 8,045.86 and low of 7,833.53. The volume of BRIndex30 was 216,130,812 shares, w
Published 01 Sep, 2009 12:00am
Bullish trend seen on KSE

Bullish trend seen on KSE

Bullish trend was observed at Karachi share market on Monday and the KSE-100 index surged by 134.45 points to close at 8,675.67 points from 8541.22 points due to strong interest of both local and foreign investors on the back of £665 million pledged for P
Published 01 Sep, 2009 12:00am
Bullish trend seen on KSE

Bullish trend seen on KSE

Bullish trend was observed at Karachi share market on Monday and the KSE-100 index surged by 134.45 points to close at 8,675.67 points from 8541.22 points due to strong interest of both local and foreign investors on the back of £665 million pledged for P
Published 01 Sep, 2009 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (August 31, 2009).
Published 01 Sep, 2009 12:00am
Bullish trend seen on KSE

Bullish trend seen on KSE

Bullish trend was observed at Karachi share market on Monday and the KSE-100 index surged by 134.45 points to close at 8,675.67 points from 8541.22 points due to strong interest of both local and foreign investors on the back of £665 million pledged for P
Published 01 Sep, 2009 12:00am
Presidency rejects allegations

Presidency rejects allegations

Spokesperson to the President Farhatullah Babar has rejected and condemned the attempts to accuse the Presidency of being involved in what has been described as "character assassination" of some political leaders. In a statement Farhatullah Babar said tha
Published 01 Sep, 2009 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (August 31, 2009).

Published 01 Sep, 2009 12:00am
Presidency rejects allegations

Presidency rejects allegations

Spokesperson to the President Farhatullah Babar has rejected and condemned the attempts to accuse the Presidency of being involved in what has been described as "character assassination" of some political leaders. In a statement Farhatullah Babar said tha
Published 01 Sep, 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 (August 31, 2009).

Published 01 Sep, 2009 12:00am
Provinces may be allowed to transport imported wheat

Provinces may be allowed to transport imported wheat

The government is likely to entrust the responsibility of imported wheat transportation to the provinces, after an inter-ministerial committee, headed by the Minister for Food and Agriculture (Minfa), Nazar Muhammad Gondal, accused the Trading Corporation
Published 01 Sep, 2009 12:00am
TCP told to sell imported wheat through open auction

TCP told to sell imported wheat through open auction

The Ministry of Food and Agriculture (Minfa) has asked Trading Corporation of Pakistan (TCP) to sell 330,000 tons imported wheat in domestic market through open auction, sources told Business Recorder on Monday. In a bid to avert further losses, in
Published 01 Sep, 2009 12:00am
TCP told to sell imported wheat through open auction

TCP told to sell imported wheat through open auction

The Ministry of Food and Agriculture (Minfa) has asked Trading Corporation of Pakistan (TCP) to sell 330,000 tons imported wheat in domestic market through open auction, sources told Business Recorder on Monday. In a bid to avert further losses, in
Published 01 Sep, 2009 12:00am
TCP told to sell imported wheat through open auction

TCP told to sell imported wheat through open auction

The Ministry of Food and Agriculture (Minfa) has asked Trading Corporation of Pakistan (TCP) to sell 330,000 tons imported wheat in domestic market through open auction, sources told Business Recorder on Monday. In a bid to avert further losses, in
Published 01 Sep, 2009 12:00am
Provinces may be allowed to transport imported wheat

Provinces may be allowed to transport imported wheat

The government is likely to entrust the responsibility of imported wheat transportation to the provinces, after an inter-ministerial committee, headed by the Minister for Food and Agriculture (Minfa), Nazar Muhammad Gondal, accused the Trading Corporation
Published 01 Sep, 2009 12:00am
Provinces may be allowed to transport imported wheat

Provinces may be allowed to transport imported wheat

The government is likely to entrust the responsibility of imported wheat transportation to the provinces, after an inter-ministerial committee, headed by the Minister for Food and Agriculture (Minfa), Nazar Muhammad Gondal, accused the Trading Corporation
Published 01 Sep, 2009 12:00am
Firms investment abroad: ECC to consider MoF-SBP proposal today

Firms investment abroad: ECC to consider MoF-SBP proposal today

The Ministry of Finance (MoF) has reportedly recommended to the government that the State Bank of Pakistan (SBP) should not be asked for submission of details of those resident Pakistani firms on quarterly basis, which are being allowed to invest abroad u
Published 01 Sep, 2009 12:00am
Firms investment abroad: ECC to consider MoF-SBP proposal today

Firms investment abroad: ECC to consider MoF-SBP proposal today

The Ministry of Finance (MoF) has reportedly recommended to the government that the State Bank of Pakistan (SBP) should not be asked for submission of details of those resident Pakistani firms on quarterly basis, which are being allowed to invest abroad u
Published 01 Sep, 2009 12:00am
Firms investment abroad: ECC to consider MoF-SBP proposal today

Firms investment abroad: ECC to consider MoF-SBP proposal today

The Ministry of Finance (MoF) has reportedly recommended to the government that the State Bank of Pakistan (SBP) should not be asked for submission of details of those resident Pakistani firms on quarterly basis, which are being allowed to invest abroad u
Published 01 Sep, 2009 12:00am
NBP first half profits decline

NBP first half profits decline

The National Bank of Pakistan (NBP) has posted Rs 6.281 billion as profit after tax (unconsolidated) in the half year period ended on June 30, 2009 as compared to Rs 7.881 billion earned in the corresponding period in 2008. The board of directors of the b
Published 01 Sep, 2009 12:00am
Gainers outclass losers on ISE

Gainers outclass losers on ISE

Gainers outclassed losers at the Islamabad Stock Exchange (ISE) on Monday where equities showed plus signs under the lead of trend-setters amid increase in index. ISE-10 Index showed an improvement of 40.14 points from 2,114.69 to 2,154.83 points. Turnove
Published 01 Sep, 2009 12:00am
Gainers outclass losers on ISE

Gainers outclass losers on ISE

Gainers outclassed losers at the Islamabad Stock Exchange (ISE) on Monday where equities showed plus signs under the lead of trend-setters amid increase in index. ISE-10 Index showed an improvement of 40.14 points from 2,114.69 to 2,154.83 points. Turnove
Published 01 Sep, 2009 12:00am
LSE index up 81.61 points

LSE index up 81.61 points

Bullish sentiment was observed on Lahore Stock Exchange on Monday and the equities moved upward amid improved trading turnover following investors' interest in oil and banking sector shares. The LSE index jumped to 2738.87 points against 2657.26 points of
Published 01 Sep, 2009 12:00am
LSE index up 81.61 points

LSE index up 81.61 points

Bullish sentiment was observed on Lahore Stock Exchange on Monday and the equities moved upward amid improved trading turnover following investors' interest in oil and banking sector shares. The LSE index jumped to 2738.87 points against 2657.26 points of
Published 01 Sep, 2009 12:00am
Dubai's Asian labourers demand higher wages

Dubai's Asian labourers demand higher wages

Hundreds of migrant workers in Dubai took to the streets Monday, demanding higher wages and overtime pay from their employer, the company which built the emirate's landmark sail-shaped Gulf shore hotel. The rally of Asian labourers employed by Dubai's dev
Published 01 Sep, 2009 12:00am
CCP restrained from taking adverse action against cement companies

CCP restrained from taking adverse action against cement companies

The Lahore High Court, directing the petitioner cement companies to file amended petitions within 10 days, has restrained the Competition Commission of Pakistan (CCP) from taking any adverse action against them till further orders. The court passed these
Published 01 Sep, 2009 12:00am
Pak-Afghan border reopened for traffic

Pak-Afghan border reopened for traffic

The local authorities assisted by the police and security forces early on Monday succeeded to overcome the fire which destroyed more than a dozen vehicles here at the Chaman border. The fire was caused by a blast, which soon engulfed many vehicles parked
Published 01 Sep, 2009 12:00am
Pak-Afghan border reopened for traffic

Pak-Afghan border reopened for traffic

The local authorities assisted by the police and security forces early on Monday succeeded to overcome the fire which destroyed more than a dozen vehicles here at the Chaman border. The fire was caused by a blast, which soon engulfed many vehicles parked
Published 01 Sep, 2009 12:00am
Indian navy chief slams Pakistan missile 'proliferation'

Indian navy chief slams Pakistan missile 'proliferation'

India's navy chief said on Monday that Pakistan's alleged modifications of US-supplied anti-ship missiles to make them capable of striking land targets showed the danger of proliferation. The New York Times reported Saturday that US officials have complai
Published 01 Sep, 2009 12:00am
Indian navy chief slams Pakistan missile 'proliferation'

Indian navy chief slams Pakistan missile 'proliferation'

India's navy chief said on Monday that Pakistan's alleged modifications of US-supplied anti-ship missiles to make them capable of striking land targets showed the danger of proliferation. The New York Times reported Saturday that US officials have complai
Published 01 Sep, 2009 12:00am
Tea import up by 19.10 percent in August

Tea import up by 19.10 percent in August

Pakistan has imported 8.052 million kilos of tea worth $20.891 million in August 2009, up by 19.10 percent over July 2009. Chairman Pakistan Tea Association Mohammad Hanif Janoo said here on Monday, that average price for black tea has also increased to $
Published 01 Sep, 2009 12:00am
NBP first half profits decline

NBP first half profits decline

The National Bank of Pakistan (NBP) has posted Rs 6.281 billion as profit after tax (unconsolidated) in the half year period ended on June 30, 2009 as compared to Rs 7.881 billion earned in the corresponding period in 2008. The board of directors of the b
Published 01 Sep, 2009 12:00am
Sri Lanka journalist jailed for 20 years on terror charges

Sri Lanka journalist jailed for 20 years on terror charges

A Sri Lanka court sentenced a Tamil reporter, cited by US President Barack Obama as an "emblematic example" of a persecuted journalist, to 20 years in prison Monday on charges of supporting terrorism. J.S. Tissainayagam, 45, who contributed to the local S
Published 01 Sep, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 01 Sep, 2009 12:00am
Sri Lanka journalist jailed for 20 years on terror charges

Sri Lanka journalist jailed for 20 years on terror charges

A Sri Lanka court sentenced a Tamil reporter, cited by US President Barack Obama as an "emblematic example" of a persecuted journalist, to 20 years in prison Monday on charges of supporting terrorism. J.S. Tissainayagam, 45, who contributed to the local S
Published 01 Sep, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 01 Sep, 2009 12:00am
Rs 7.2 per kg hike in LPG price from September 3

Rs 7.2 per kg hike in LPG price from September 3

The increase in Saudi Aramco Contract Price (CP) of liquefied petroleum gas (LPG) may result in 15 percent (Rs 7.2 per kilogram) hike in price in Pakistan effective from September 3. The Saudi Aramco Contract Price, which is the ceiling price for local LP
Published 01 Sep, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (August 31, 2009).

Published 01 Sep, 2009 12:00am