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Print - 2009-10-06
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 06 Oct, 2009 12:00am
Railways signs deal on signalling system with Sweden

Railways signs deal on signalling system with Sweden

Pakistan Railways has signed with consortium comprising Bombardier Transportation, Sweden and China Railways Signal and Communications Corporation, regarding tender for design, manufacture and supply installation and commissioning of the signaling systems
Published 06 Oct, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
Advances in liver transplantation highlighted

Advances in liver transplantation highlighted

"Liver transplantation is a rapidly expanding field, delivering improved survival and good quality of life." This was stated by Dr Parthi Srinivasan, consultant surgeon, hepatobiliary and pancreatic surgery at King's College Hospital, London, while addres
Published 06 Oct, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Oct, 2009 12:00am
Board meetings in progress

Board meetings in progress

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

Published 06 Oct, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Oct, 2009 12:00am
French envoy calls on Kamal

French envoy calls on Kamal

French ambassador to Pakistan, Daniel Jouannau, Monday met City Nazim Syed Mustafa Kamal at his office. On the occasion, Mustafa Kamal gave detailed briefing to the visiting ambassador about the development works, completed in the city during the last fou
Published 06 Oct, 2009 12:00am
TDAP to support P@SHA's Business Agenda for IT, ITES

TDAP to support P@SHA's Business Agenda for IT, ITES

The Trade Development Authority of Pakistan (TDAP) will support the Business Agenda for IT and IT Enabled Services launched by Pakistan Software Houses Association (P@SHA) This was stated by Syed Muhaibulah Shah, CEO of TDAP while speaking at the launchin
Published 06 Oct, 2009 12:00am
Trade between Pakistan, Turkey will be increased: Shazia Marri

Trade between Pakistan, Turkey will be increased: Shazia Marri

Bilateral trade between Turkey and Pakistan will be substantially enhanced in the coming year. This was stated by Sindh Minister Information, Ms Shazia Marri, and Minister of Balochistan Government, Sadiq Umrani, says a message received here from Ankara t
Published 06 Oct, 2009 12:00am
Pacra assigns AA rating to proposed TFC of ECPL

Pacra assigns AA rating to proposed TFC of ECPL

The Pakistan Credit Rating Agency (Pacra) has assigned "AA" (Double A) rating to the proposed listed and secured TFC issue of PKR 2,500 million by Engro Chemical Pakistan Limited (ECPL). The rating denotes a very low expectation of credit risk emanating f
Published 06 Oct, 2009 12:00am
Pacra assigns AA rating to proposed TFC of ECPL

Pacra assigns AA rating to proposed TFC of ECPL

The Pakistan Credit Rating Agency (Pacra) has assigned "AA" (Double A) rating to the proposed listed and secured TFC issue of PKR 2,500 million by Engro Chemical Pakistan Limited (ECPL). The rating denotes a very low expectation of credit risk emanating f
Published 06 Oct, 2009 12:00am
Suparco to launch communication satellite by 2011: chairman

Suparco to launch communication satellite by 2011: chairman

Pakistan Space and Upper Atmosphere Research Commission (Suparco) is all set to launch communication satellite by 2011. This was stated by Major General Raza Hussain (Retd), Chairman, Suparco at an inaugural ceremony of World Space Week (WSW)-2009 held at
Published 06 Oct, 2009 12:00am
Gulzar Firoz elected PTA chairman

Gulzar Firoz elected PTA chairman

Gulzar Firoz, Proprietor of M/s. Firoz & Co, Karachi and Chairman, FPCCI's Standing Committee on Environment, has been elected as Central Chairman, Pakistan Tanners Association (PTA) unopposed for the sixth time while Shahid Mahmud from Karachi and Shaikh
Published 06 Oct, 2009 12:00am
Indus Motor holds 16th Kaizen convention

Indus Motor holds 16th Kaizen convention

Indus Motor Company (IMC) held its 16th Annual Kaizen Convention recently at a local hotel. Abdul Ghaffar Soomro, Secretary, Ministry of Industries and Production were the chief guest. The convention was attended by eminent personalities from the automobi
Published 06 Oct, 2009 12:00am
THE RUPEE: dollar up further

THE RUPEE: dollar up further

Sliding trend was again witnessed on the currency market on Monday as dollar demand was high to meet the payments, dealers said. On the interbank market the rupee shed seven paisa against dollar for buying and selling at 83.30 and 83.35, they said. Rising
Published 06 Oct, 2009 12:00am
Likely delay in the RPPs - another promise hard to keep

Likely delay in the RPPs - another promise hard to keep

After being sidelined in the past couple of weeks by a plethora of commodity shortage and price hike stories in and around Ramazan, news on power crises are back in the limelight. The recent hike in electricity tariffs, effective October 1, and the fears
Published 06 Oct, 2009 12:00am
THE RUPEE: dollar up further

THE RUPEE: dollar up further

Sliding trend was again witnessed on the currency market on Monday as dollar demand was high to meet the payments, dealers said. On the interbank market the rupee shed seven paisa against dollar for buying and selling at 83.30 and 83.35, they said. Rising
Published 06 Oct, 2009 12:00am
Senate passes resolution to set up high court in Islamabad

Senate passes resolution to set up high court in Islamabad

The Senate on Monday passed a unanimous resolution to establish a high court in Islamabad Capital Territory (ICT) with immediate effect to resolve the problems of the residents of the area lying under its control.
Published 06 Oct, 2009 12:00am
Gilani appreciated for NAVTEC's performance

Gilani appreciated for NAVTEC's performance

Chief Minister Punjab Muhammad Shahbaz Sharif has said that Prime Minister Yousaf Raza Gilani deserves all appreciation for the excellent performance of National Vocational and Technical Education Commission (NAVTEC) under the Chairmanship of Adnan A Khaw
Published 06 Oct, 2009 12:00am
Zarco scam case: LHC defers hearing

Zarco scam case: LHC defers hearing

A division bench headed by Chief Justice Lahore High Court (LHC), Khawaja Muhammad Sharif here on Monday deferred the hearing of suo moto notice into claims of Zarco scam affectees after Zarco Chief Executive Lakht-e-Hussnain's counsel sought adjournment
Published 06 Oct, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
PML-Q urges US to amend Kerry-Lugar Bill

PML-Q urges US to amend Kerry-Lugar Bill

PML-Q has urged the Obama administration for amending the Kerry-Lugar Bill so that the reservations of Pakistani public on the bill could be removed. The message was conveyed by PML-Q leadership to US Ambassador Anne W. Patterson, here on Monday, when she
Published 06 Oct, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
BATS are good, but need to lure more listings

BATS are good, but need to lure more listings

Plans to introduce trading in the Debt Market Securities on the Karachi Stock Exchange through its Bond Automated Trading System are quite commendable. The country's bond market, after all, has remained historically dry, despite a high level of economic a
Published 06 Oct, 2009 12:00am
Dairy sub-sector: changes, challenges and opportunities

Dairy sub-sector: changes, challenges and opportunities

With Pakistan ranked 11th in high food security index, the government needs to step up its efforts to ensure growth in farming sector, which employs roughly 40 percent of the total population. There are many areas within the agriculture sector that are hi
Published 06 Oct, 2009 12:00am
Government officials warned of strict action

Government officials warned of strict action

Director General, Anti-Corruption Establishment (ACE), Kazim Ali Malik, here, on Monday, warned the government officials to mend their ways of working forthwith, otherwise, ACE would initiate stern action against corrupt officials after two months. In his
Published 06 Oct, 2009 12:00am
Abduction of newborn child: police seek further time for recovery

Abduction of newborn child: police seek further time for recovery

Chief Justice Lahore High Court (LHC) here on Monday granted further two weeks to police for the recovery of a new born baby abducted from Services Hospital, Lahore. Earlier, SP Investigation Model Town, appearing before the court said that police had got
Published 06 Oct, 2009 12:00am
Faisalabad police recover 10 kidnapped persons

Faisalabad police recover 10 kidnapped persons

Faisalabad Police safely recovered 10 persons kidnapped for ransom by organised gangs during the last nine months while 2 were murdered by the kidnappers and four set free after payment of the ransom money. This was stated by Muhammad Tahir, DIG Faisalaba
Published 06 Oct, 2009 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
Police asked to eliminate gangs involved in heinous crimes

Police asked to eliminate gangs involved in heinous crimes

Capital City Police Officer (CCPO), Lahore Muhammad Pervez Rathore has said strict action would be taken against police officials indulging in illegal arrests or torture of people in police stations and those who misbehaved with people. CCPO asked Lahore
Published 06 Oct, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
'Efforts being made for provision of essential items at reduced rates'

'Efforts being made for provision of essential items at reduced rates'

Following the directives of the Punjab government, concrete steps are being taken for the provision of essential items to consumers on reduced prices throughout the year by holding fair price bazaars, Chairman of the Chief Minister's Task Force for Essent
Published 06 Oct, 2009 12:00am
Government taking 'revolutionary' steps in education sector: Rana

Government taking 'revolutionary' steps in education sector: Rana

Punjab government is taking revolutionary steps for progress of education sector and steps are being taken for welfare of hardworking and intelligent teachers and students. This was stated by Punjab Law Minister Rana Sanaullah while addressing a ceremony
Published 06 Oct, 2009 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
Government urged to withdraw hike in power tariff

Government urged to withdraw hike in power tariff

Chairman, Pakistan Dry Ports Association (PDPA) and Faisalabad Dry Port Trust (FDPT), Sheikh Ashfaq Ahmed, has termed the recent 6 percent increase in electricity tariff as unjustified and demanded of the government to immediately withdraw this unwarrante
Published 06 Oct, 2009 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
Law and order our top priority: Qaim

Law and order our top priority: Qaim

Sindh Chief Minister Syed Qaim Ali Shah has said that improvement in law and order is the first priority of the present government. Unlike the past government, the police performance during the present government has shown improvement higher than expectat
Published 06 Oct, 2009 12:00am
Minister for installing accredited food testing laboratory in Peshawar

Minister for installing accredited food testing laboratory in Peshawar

NWFP Minister for Agriculture, Arbab Mohammad Ayub Jan, has asked the federal government to chalk out an easy and simple way for export of fruit and vegetable of this province to the other countries by installing a Accredited Food Testing Lab in Peshawar.
Published 06 Oct, 2009 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
PDWA seeks President's help for special persons

PDWA seeks President's help for special persons

The Pakistan Deaf Welfare Association (PDWA) and Milestone Society for the Special Personas (MSSP) have urged the President of Pakistan to support the organisations working for disable persons to enable them to play their constructive role for nation buil
Published 06 Oct, 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 Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
Dr Nuzhat takes charge as Director AERC

Dr Nuzhat takes charge as Director AERC

Professor Dr Nuzhat Ahmad took charge as the new Director of the Applied Economics Research Centre (AERC), Karachi University here on Monday. The faculty and staff of the AERC welcomed the Director. Dr Ahmad recently returned from US where she was serving
Published 06 Oct, 2009 12:00am
BoKOA seeks Hoti's intervention in bank's affairs

BoKOA seeks Hoti's intervention in bank's affairs

Bank of Khyber's Officers Association (BoKOA) has sought the intervention of Chief Minister NWFP Ameer Haider Khan Hoti in the matter of the authoritarian attitude of the management of the bank towards the problems faced by its officials. In a press relea
Published 06 Oct, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
Commerce Ministry may get involved in FCCI election process

Commerce Ministry may get involved in FCCI election process

The Commerce Ministry is likely to get involved in calming tempers in the forthcoming elections in the Faisalabad Chamber of Commerce and Industry (FCCI) with National/Sitara and Founder Group's having locked horns.
Published 06 Oct, 2009 12:00am
Miniature paintings preview held

Miniature paintings preview held

Rohtas Art Gallery (RAG) here Monday previewed an exhibition of contemporary miniature paintings by two artists Babar Gull and Hadia Moiz. The display of 15 works presents a series of paintings in which miniature style, has been done with a totally differ
Published 06 Oct, 2009 12:00am
SDPI condemns UN office blast

SDPI condemns UN office blast

Incharge Sustainable Development Policy Institute (SDPI), Dr Abid Qayum has strongly condemned bomb blast at UN World Food Programme office. He said that WFPO was continuously providing food and shelter to the deserving persons, which is a good service fo
Published 06 Oct, 2009 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 06 Oct, 2009 12:00am
Pervaiz Ashraf's statement condemned

Pervaiz Ashraf's statement condemned

The Pakistan Industrial and Traders Associations Front (PIAF) on Monday, taking a strong exception to the statement of Federal Minister for Water and Power Raja Pervaiz Ashraf, said that the statement had dashed the sentiments of investors who were hopefu
Published 06 Oct, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (October 05, 2009).

Published 06 Oct, 2009 12:00am
Kohatians hold colourful reunion party

Kohatians hold colourful reunion party

Hundreds of old Kohatians reunited at the Faizullah Khan Khattak auditorium of Cadet College, Kohat, with the NWFP Minister for Finance Engr. Mohammad Humayun Khan, who was invited as chief guest. In this connection a grand function was arranged by the Ko
Published 06 Oct, 2009 12:00am
LHC adjourns suo motu case hearing

LHC adjourns suo motu case hearing

Chief Justice Lahore High Court (LHC) here, on Monday, adjourned to October 15 the hearing of a suo motu case against dacoity and incident of cutting of ears of a lady civil judge, as DPO sought more time for the arrest of the culprits. Earlier, DPO Sheik
Published 06 Oct, 2009 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 06 Oct, 2009 12:00am
Judicial officers asked to make NJP a success

Judicial officers asked to make NJP a success

Chief Justice Lahore High court (LHC) Khawaja Muhammad Sharif has asked the judicial officers to make National Judicial Policy (NJP) a success by hard work and honesty. He expressed these views on Monday while addressing inaugural ceremony of twelve weeks
Published 06 Oct, 2009 12:00am
Annual water flows: Pakistan develops 13 percent storage capacity: Wapda

Annual water flows: Pakistan develops 13 percent storage capacity: Wapda

Pakistan has developed 13 percent storage capacity of the average annual water flows as compared to the world average of 40 percent. This was told during a briefing to the delegation of the 91st National Management Course of National Management College (N
Published 06 Oct, 2009 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 06 Oct, 2009 12:00am
Kerry-Lugar Bill an affront to national honour: Jamaat-i-Islami

Kerry-Lugar Bill an affront to national honour: Jamaat-i-Islami

Jamaat-e-Islami (JI) Pakistan Chief Syed Munawar Hassan has described the Kerry-Lugar Bill as an affront to the national honour and mortgaging the country's independence and sovereignty. The Kerry-Lugar Bill is a big tragedy and parliament should reject i
Published 06 Oct, 2009 12:00am
Polio eradication: Pakistan Post to issue commemorative stamp

Polio eradication: Pakistan Post to issue commemorative stamp

Pakistan postal services will issue the commemorative postage stamp of Rs 4 denomination, on October 10, to ensure polio eradication and protect and preserve the health of Pakistani children. Spokesman of Pakistan Post Office (PPO) told APP that exhibitio
Published 06 Oct, 2009 12:00am