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Print - 2009-10-13
October 12: PML-N observes black day

October 12: PML-N observes black day

Pakistan Muslim League-N observed October 12 as Black Day throughout the country including Lahore to condemn the former dictator Pervez Musharraf's move to topple the democratic and constitutional government of Nawaz Sharif on October 12, 1999. The leader
Published 13 Oct, 2009 12:00am
PML-N demands implementation of CoD

PML-N demands implementation of CoD

Pakistan Muslim League-Nawaz (PML-N) on Monday demanded immediate implementation of Charter of Democracy (CoD), abrogation of 17th Constitutional Amendment, trial of General Pervez Musharraf (Retd) under Article 6 of the Constitution and restoration of 19
Published 13 Oct, 2009 12:00am
ASF approved projects register 17.38 percent growth

ASF approved projects register 17.38 percent growth

Agribusiness Support Fund (ASF) during the financial year 2008-09 approved some 763 matching grant (MG) projects as compared to 650 for 2007-08, thereby registering 17.38 percent growth in number of approved projects. The average value of matching grants
Published 13 Oct, 2009 12:00am
Every step to be taken for ending terrorism: CCPO

Every step to be taken for ending terrorism: CCPO

Capital City Police Officer (CCPO), Muhammad Pervez Rathore has said that Lahore Police would take every possible step for elimination of terrorism and to protect life and property of the citizens and Jehad against terrorism was our collective responsibil
Published 13 Oct, 2009 12:00am
NWFP government bans trout fishing/angling

NWFP government bans trout fishing/angling

The government of the NWFP has imposed a ban on trout fishing/angling with immediate effect for a period of two years to propagate trout species in nature, control its poaching and to promote its breeding for tourism development in future.
Published 13 Oct, 2009 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (October 12, 2009).

Published 13 Oct, 2009 12:00am
PIFFA chief vows to resolve core issues

PIFFA chief vows to resolve core issues

The newly-elected Chairman of Pakistan International Freight Farwarders Association (PIFFA), Tariq M. Chaudhry, has said that all core issues would be resolved by establishing better working relationship among all the stakeholders, namely the freight forw
Published 13 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 13 Oct, 2009 12:00am
The Weather

The Weather

The weather report on Monday (October 12, 2009) and the forecast for Tuesday (October 13, 2009).

Published 13 Oct, 2009 12:00am
FIR of attack on GHQ registered

FIR of attack on GHQ registered

Rawalpindi police on Monday registered the First Information Report (FIR) of the terrorist attack on the General Headquarters of Pakistan Army and a joint investigation team was constituted to probe the matter. The FIR was registered in R A Bazar Police S
Published 13 Oct, 2009 12:00am
Visually impaired persons: banks asked to allow individual account

Visually impaired persons: banks asked to allow individual account

The State Bank of Pakistan has advised all the banks to ensure that visually impaired persons are allowed to open individual bank accounts. The State Bank has noted that some of the banks do not open individual accounts for visually impaired persons and i
Published 13 Oct, 2009 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 13 Oct, 2009 12:00am
Japanese educationists visit DMC

Japanese educationists visit DMC

Japanese educationists visit Divisional Model College (DMC) to inform the students of scientific education being provided by their universities. According to details, a Japanese delegation comprising Dr Toru Fuji Warma and Dr Kyoko Miwa paid a special vis
Published 13 Oct, 2009 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 13 Oct, 2009 12:00am
UCP to organise seminar

UCP to organise seminar

University of Central Punjab will be organising a seminar on "Role of Leadership for the Future of Pakistan" on October 15. Chairman Pakistan Tehreek-e -Insaf Imran Khan will be the chief guest while eminent personalities such as Imran Masood, Ex-Educatio
Published 13 Oct, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 12, 2009).

Published 13 Oct, 2009 12:00am
Banks advised to record accurate reasons for dishonouring cheques

Banks advised to record accurate reasons for dishonouring cheques

The State Bank of Pakistan has advised all the banks to meticulously record correct and complete reasons for dishonouring cheques. The SBP has warned of punitive action against the banks which fail to do so under the relevant provisions of law.
Published 13 Oct, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 12, 2009).

Published 13 Oct, 2009 12:00am
Rehman Malik meets Singapore's Home Minister

Rehman Malik meets Singapore's Home Minister

Federal Minister for Interior Rehman Malik, who is currently in Singapore on a short visit to attend the 78th Interpol Ministerial Meeting being held in Singapore, called on Singapore's Minister for Home Affairs K. Shanmugan. The Minister explained that t
Published 13 Oct, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (October 12, 2009).

Published 13 Oct, 2009 12:00am
Al-Shaymaa launches operations in Pakistan

Al-Shaymaa launches operations in Pakistan

Al-Shaymaa Private Limited, a subsidiary of Al-Shaymaa FZE; a UAE based investment group, has launched its operations in Pakistan. A statement here on Monday said that Al-Shaymaa had entered into the Pakistani market with a diversified portfolio of techno
Published 13 Oct, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (October 12, 2009) and for Tuesday (October 13, 2009).
Published 13 Oct, 2009 12:00am
BoI to organise 'CEOs forum' on October 25

BoI to organise 'CEOs forum' on October 25

The Board of Investment is organising chief executive officers (CEOs) forum in Islamabad on October 25 wherein the Turkish Prime Minister along with 43 CEOs is participating to explore business and investment opportunities in Pakistan. Secretary Board of
Published 13 Oct, 2009 12:00am
Sugar at Rs 40 per kg: NWFP determined to enforce Supreme Court verdict

Sugar at Rs 40 per kg: NWFP determined to enforce Supreme Court verdict

NWFP Food Minister Shuja Salim Khan on Monday assured the provincial assembly that the government would implement the decision of the Supreme Court regarding the price of sugar in the province. He was replying to a joint adjournment motion of opposition l
Published 13 Oct, 2009 12:00am
'Developmental psychopathology' moot kicks off today

'Developmental psychopathology' moot kicks off today

The National Centre for Physics (NCP) is organising a three-day conference, "Developmental Psychopathology: Prevalence, Management, & Prevention," starting on Tuesday (today), at the NCP.
Published 13 Oct, 2009 12:00am
NIP to hold three-day conference from today

NIP to hold three-day conference from today

National Institute of Psychology, (NIP) centre for excellence of Quaid-e-Azam University is organising a three-day international conference here from October 13 to 15, on "Developmental Psychology: Prevalence, Management and Prevention" in the country.
Published 13 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 12, 2009).

Published 13 Oct, 2009 12:00am
Small dams open doors for a green revolution

Small dams open doors for a green revolution

With the government caught in a political imbroglio amid increasing fiscal constraints, the fate of small dams - as is the case with many developmental projects - hangs in balance. But tight monetary situation or not, there is a growing need to maintain f
Published 13 Oct, 2009 12:00am
Premium consumers drive auto sales higher

Premium consumers drive auto sales higher

Auto sales rose sharply in the quarter ending September, as sales volume of high end passenger cars increased sharply during the period Sales of passenger cars is showing momentum and it seems that worst may be over for the sector, which remained sluggish
Published 13 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 12, 2009).

Published 13 Oct, 2009 12:00am
Inflation down but watch out for the risks

Inflation down but watch out for the risks

It's good to see inflation tapering off since the start of this fiscal year, but a substantial fall in month-on-month price growth in September is an even pleasing sight. Monthly headline inflation grew just 0.45 percent last month - down from 1.7 percent
Published 13 Oct, 2009 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (October 12, 2009).

Published 13 Oct, 2009 12:00am
No sugar available at wholesale, retail outlets: long queues seen

No sugar available at wholesale, retail outlets: long queues seen

There is no sugar in Sindh for at least last 10 days, as the sugar mills have not only declined to supply at least 73,000 tons of sugar, which is purchased by wholesalers from the factories, but have also refused to sell 44,000 tons of its own stocks afte
Published 13 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 12, 2009).

Published 13 Oct, 2009 12:00am
'Government considering formation of Halal Food Board'

'Government considering formation of Halal Food Board'

The government was considering a proposal to formulate Halal food standards and set up Halal Food Board, Chief Executive Officer of the Halal Development Project, Asad Sajjad, told the business community. Giving a presentation on Halal food at the Karachi
Published 13 Oct, 2009 12:00am
Exam forms date announced

Exam forms date announced

According to a notification issued by the Controller of Examination, University of Karachi, the candidates who wish to appear in the BA, BSc, B.Com, BSc Home Economics part-I and Part-II may fill and submit their examination forms. The examination forms c
Published 13 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 12, 2009).

Published 13 Oct, 2009 12:00am
High charges may lead to failure of ECO container train

High charges may lead to failure of ECO container train

High transportation charges may lead to failure of the Economic Co-ordination Organisation (ECO) container train service launched on trial basis linking the three member countries, Pakistan, Iran and Turkey. Upset by high transportation charges, Pakistan
Published 13 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 12, 2009).

Published 13 Oct, 2009 12:00am
SBP guidelines for banks' Statutory Auditor(s)

SBP guidelines for banks' Statutory Auditor(s)

The State Bank of Pakistan has asked the Statutory Auditor(s) of banks/ DFIs to express their opinion on 'Internal Control over Financial Reporting' (ICFR) in the annual financial statements, as required under the 'guidelines', from December 31, 2009.
Published 13 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 12, 2009).

Published 13 Oct, 2009 12:00am
MBA admissions: fee payment date extended

MBA admissions: fee payment date extended

The Dean Faculty of Commerce and Business Administration, University of Sindh has announced on Monday that date for payment of admission fee for MBA evening programme has been extended up to 20th October. It was further announced that successful candidate
Published 13 Oct, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (October 12, 2009).

Published 13 Oct, 2009 12:00am
FBR collects Rs 270 billion during July-September

FBR collects Rs 270 billion during July-September

The Federal Board of Revenue (FBR) has collected approximately Rs 261 billion during first quarter (July-September) against the target of Rs 270 billion, depicting a shortfall of around Rs 9 billion. Sources told Business Recorder here on Monday th
Published 13 Oct, 2009 12:00am
Disabled women: need stressed to ensure access to justice

Disabled women: need stressed to ensure access to justice

The Association of Women for Awareness and Motivation (AWAM Pakistan), Healthlink World-wide-UK and the Association for Women with Disabilities (AWWD India) have jointly organised a four-day leadership training for women with disabilities.
Published 13 Oct, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 12, 2009).

Published 13 Oct, 2009 12:00am
Postponement of by-election challenged

Postponement of by-election challenged

A citizen Muhammad Azhar Siddique has challenged the decision of a single bench of the Lahore High Court (LHC) staying the by-elections in the province. Petitioner included Mian Muhammad Nawaz Sharif and others as respondents.
Published 13 Oct, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 12, 2009).

Published 13 Oct, 2009 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The distrust between the two major political parties, Pakistan Muslim League-Nawaz (PML-N) and Pakistan People's Party (PPP) has deepened in recent days and those with a least doubt must watch the proceedings of the parliament. Moreover, there are clear i
Published 13 Oct, 2009 12:00am
Qureshi to take aid bill concerns to Washington

Qureshi to take aid bill concerns to Washington

Foreign Minister Shah Mehmood Qureshi on Monday left for the United States in a last ditch effort to convince the Obama administration for softening conditions attached by the US Congress with the recently passed Kerry-Lugar Bill under which Pakistan woul
Published 13 Oct, 2009 12:00am
THE RUPEE: parity stays put

THE RUPEE: parity stays put

Steady trend was seen on the interbank market on Monday as the rupee retained its weekend levels versus dollar for buying and selling at 83.25 and 83.30, they said. In the first Asian trade dollar edged broadly higher, extending a short-covering bounce ag
Published 13 Oct, 2009 12:00am
Three commandos succumb to injuries

Three commandos succumb to injuries

Three injured commandos of the Anti-Terrorist Task Force of Special Services Group (SSG) have succumbed to their injuries in CMH, Rawalpindi, which took the toll of the martyred commandos to six. According to details, three SSG commandos sustained injurie
Published 13 Oct, 2009 12:00am
THE RUPEE: parity stays put

THE RUPEE: parity stays put

Steady trend was seen on the interbank market on Monday as the rupee retained its weekend levels versus dollar for buying and selling at 83.25 and 83.30, they said. In the first Asian trade dollar edged broadly higher, extending a short-covering bounce ag
Published 13 Oct, 2009 12:00am
Lakson Investments launches three Open-end Funds

Lakson Investments launches three Open-end Funds

Iqbal Ali Lakhani, Chairman of the Lakson Group and Lakson Investments Limited announced the launch of three open-end funds, the Lakson Money Market Fund, the Lakson Income Fund and the Lakson Equity Fund here at the inauguration reception of Cafe Rendez-
Published 13 Oct, 2009 12:00am
Lakson Investments launches three Open-end Funds

Lakson Investments launches three Open-end Funds

Iqbal Ali Lakhani, Chairman of the Lakson Group and Lakson Investments Limited announced the launch of three open-end funds, the Lakson Money Market Fund, the Lakson Income Fund and the Lakson Equity Fund here at the inauguration reception of Cafe Rendez-
Published 13 Oct, 2009 12:00am
No-confidence motion against AJK Prime Minister

No-confidence motion against AJK Prime Minister

No-confidence motion was moved here on Monday against the Azad Jammu and Kashmir Prime Minister Sardar Muhammad Yaqoob Khan. According to details, 17 members from Muslim Conference Attique Group and MC Forward Block jointly moved no-confidence motion agai
Published 13 Oct, 2009 12:00am
PML-Q demands resignation of Qureshi and Haqqani

PML-Q demands resignation of Qureshi and Haqqani

Pakistan Muslim League (PML-Q) has demanded of the government to sack Foreign Minister Shah Mehmood and Pakistan's Ambassador to US Hussain Haqqani due to their failure in creating a strong lobby to make the Kerry-Lugar Bill Pakistan-friendly. Riaz Hussai
Published 13 Oct, 2009 12:00am
Change in weather lowers electricity demand

Change in weather lowers electricity demand

Due to change of weather and fall of mercury in the second week of October in most parts of the country, the electricity consumption has dipped to 13954 MW, by more than 2000 MW. But there is still a shortfall of 2190 MW, which is being managed by carryin
Published 13 Oct, 2009 12:00am
Interactive talk show on 'Our Unwanted Daughters of the East'

Interactive talk show on 'Our Unwanted Daughters of the East'

A number of social, psychological and allied problems would not arise and ratio of successful marriages would increase substantially in the Pakistani society if the triangle of mother, son and the daughter-in-law realise and honour their rights as well as
Published 13 Oct, 2009 12:00am
Minister sees sugar industry doom if mills fail to pay dues

Minister sees sugar industry doom if mills fail to pay dues

Federal Minister for Food and Agriculture on Monday observed that if the sugar millers failed in timely payment of the dues to farmers there is a strong possibility that they will shift to other cash crops such as wheat and rice, which will eliminate the
Published 13 Oct, 2009 12:00am
Minister sees sugar industry doom if mills fail to pay dues

Minister sees sugar industry doom if mills fail to pay dues

Federal Minister for Food and Agriculture on Monday observed that if the sugar millers failed in timely payment of the dues to farmers there is a strong possibility that they will shift to other cash crops such as wheat and rice, which will eliminate the
Published 13 Oct, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Oct, 2009 12:00am
Minister sees sugar industry doom if mills fail to pay dues

Minister sees sugar industry doom if mills fail to pay dues

Federal Minister for Food and Agriculture on Monday observed that if the sugar millers failed in timely payment of the dues to farmers there is a strong possibility that they will shift to other cash crops such as wheat and rice, which will eliminate the
Published 13 Oct, 2009 12:00am
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