The Pakistan Credit Rating Agency (Pacra) has assigned the Insurer Financial Strength (IFS) rating of "A" (Single A) to Adamjee Life Assurance Company Limited (ALAC). The rating denotes ALAC's strong capacity to meet policyholder and contract obligations.

NWFP Minister for Elementary and Secondary Education, Sardar Hussain Babak has said that Rs 4990.480 million were allocated in the current fiscal year budget for elementary and secondary education, which are 20 percent high as compared to corresponding ye

NWFP Governor Owais Ahmed Ghani has strongly condemned the suicide bomb blast near Police Investigation Cell here on Friday and described it a highly cowardly act of terrorism. He expressed his deep grief and sorrow over the loss of precious lives. In a p

The intra-Islamic trade has to be increased from current 16 percent to 20 percent by the year 2015. This was stated by Assistant Secretary-General of the Islamic Chambers of Commerce and Industry (ICCI), Mrs Attiya Nawazish Ali, at the four-day workshop o

The Public Procurement Regulatory Authority (PPRA) has called for a comprehensive report and comments from Pakistan Housing Authority (PHA) regarding violation of Public Procurement Rules (PPR)-2004. Following a complaint received from Transparency Intern

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).

Provincial Minister for Finance, Planning & Development, Tanvir Ashraf Kaira has said that terrorists are trying to destabilise the country's economy as well as democratic process by using cowardly acts of attacks on security agencies. He was talking to a

Closing of sterling rates at 1730 GMT - on Friday (October 16, 2009).

Senator Ilyas Bilour was on Friday elected as Chairman of Senate standing committee on commerce, considered to be one of the most important senate committees. Captain Rasheed Abro, Chairman of Pakistan Ship Agents Association, conveying this information t

The weather report on Friday (October 16, 2009) and the forecast for Saturday (October 17, 2009).

Chairman, All Pakistan CNG Association (APCNGA), Junaid Ismail Makda has urged President Asif Ali Zardari and Prime Minister Syed Yousuf Raza Gilani to direct concerned authorities to formulate an integrated energy policy on war footing basis. In a commun

The following were Thursday official prices.

NWFP Minister for Excise and Taxation Liaqat Shabab has said that Excise and Taxation Department has made record recovery, despite recent wave of insurgency, and achieved 95 percent target set for the year 2008-09.

The following were Thursday official prices.

The unprecedented security arrangements made by the law enforcement agencies following a series of terrorist attacks in Lahore have created a sense of anxiety among the inhabitants of the provincial metropolis. The barricades put up by security officials

The following were Thursday official prices.

Thursday's terrorist attack in the city has panicked the business community and they have feared further decline in business activities ahead in case of the continuity of terrorist activities in the country. It may be noted that the business community was

The following were Thursday official prices.

The Sindh Industrial Trading Estates (Site) Limited has urged the provincial government to waive off the condition of 50:50 sharing of cost for the development schemes in the industrial area, it is learnt. Sources told Business Recorder on Friday t

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (October 16, 2009).

Governor, State Bank of Pakistan (SBP), Syed Salim Raza will inaugurate the SBP Sports Complex in Karachi, today (Saturday) at 4.00 pm. The SBP Sports Complex, located at North Nazimabad, Karachi (opposite Bakhtiari Youth Centre), offers facilities for cr

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (October 16, 2009).

Chief Engineer, Traffic Engineering and Transportation Planning Agency (TEPA), Imtiaz Abid has been given the additional charge of Chief Engineer, Lahore Development Authority (Urban Development Wing). According to a LDA spokesman here on Friday, Abid has

Official KCA spot rates for local dealings in Pakistan rupees on Friday (October 16, 2009).

Shell Pakistan Limited has earned Rs 689.799 million as profit after tax in the first quarter (July-September) of FY10 as compared to after tax loss of Rs 1,195.770 million recorded in the corresponding period in FY09. The board of directors of the compan

Wholesale poultry rates on Friday (October 16, 2009) and for Saturday (October 17, 2009).

Shell Pakistan Limited has earned Rs 689.799 million as profit after tax in the first quarter (July-September) of FY10 as compared to after tax loss of Rs 1,195.770 million recorded in the corresponding period in FY09. The board of directors of the compan

Karachi Yarn Market Rates on Friday (October 16, 2009).

Pakistan Railway (PR) has decided not to ply the non-stop passenger train 6th-DN Tezrao from November 1, between Islamabad/Rawalpindi to Karachi. Railways Headquarter has been issued directives to suspend the operations of this train forthwith, well place

Karachi Yarn Market Rates on Friday (October 16, 2009).

Prime Minister Yousuf Raza Gilani has ordered to accelerate the pace of construction of Lahore-Gujranwala dual carriageway N-5 and completion of the project within stipulated period. He directed the Ministry of Communication and National Highway Authority

Grain and other commodity rates in rupees on Akbari Mandi on Friday (October 16, 2009).

There was no provision of constitution or the law which required the Chief Election Commissioner to consult any executive authority in federation or in provinces before issuing schedule of by-election. This was clarified in a reply of CEC filed before a d

Paper market rates in rupees on Friday (October 16, 2009).

A PAF fighter squadron comprising fighter aircraft along with its compliment of Airmen reached few days ago at an operational Air Base in Egypt to participate in exercise "Bright Star 2009". It is a multinational biennial joint exercise designed to improv

National Commodity Exchange Limited Trading Summary on Friday (October 16, 2009).

With the introduction of Al-Islami Saving & Takaful Plan, Dubai Islamic Bank Pakistan Limited (DIBPL) has become the first Islamic bank to launch Bancatakaful in Pakistan, maintaining its tradition of being an industry leader. The Al-Islami Saving & Takaf

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (October 16, 2009).

Overseas Private Investment Corporation (OPIC), a leading US owned Government corporation representative Rod Morris, Vice President visited Karachi Chamber of Commerce and Industry and called on President-KCCI, Abdul Majid Haji Muhammad to deliver a prese

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (October 16, 2009).

The International Day for the Eradication of Poverty is being observed through out the world, including Pakistan today (Saturday). The UN General Assembly designated this day in 1992 to promote awareness to eradicate poverty and destitution in the world,

Interbank closing rates for dollar on Friday (October 16, 2009).

Punjab University Pakistan Study Centre (PSC) arranged a panel discussion 'China's Role for Stability in Pakistan' here at the Centre on Friday. Peking University, Beijing Professor Dr Qian Xuemei, FC College University's Centre for Public Policy and Gove

Dollar buying and selling rate in the kerb market in rupees on Friday (October 16, 2009).

Punjab Governor Salman Taseer on Friday said there were not any training camps of terrorists in southern Punjab, however, Dera Ghazi Khan was a sensitive area. He said this while talking to the media during his visit to Lahore General Hospital where he en

Firmness prevailed on the currency market on Friday as the rupee did not show any change against the dollar in process of trading, dealers said. On the interbank market, the rupee did not move any side in terms of dollar for buying and selling at 83.20 an

The law enforcement agencies have been directed to beef up security throughout the province especially in Karachi and Hyderabad to avoid any untoward incident. The Sindh government has once again imposed ban on pillion ridding for a period of 30 days with

Firmness prevailed on the currency market on Friday as the rupee did not show any change against the dollar in process of trading, dealers said. On the interbank market, the rupee did not move any side in terms of dollar for buying and selling at 83.20 an

For provision of basic facilities, the government has successfully completed street pavements and upgraded sanitation drains, while rehabilitated the electricity system of six villages in Khar Tehsil of Bajaur Agency. These developmental activities would

Bank Al-Habib Limited provides various financial products and services in Pakistan. It offers consumer, commercial and Islamic banking services. Its commercial banking services include current and deposit accounts for corporate and individual clients; for

Pakistan observed World Food Day with much needed commitment to address the issue of malnourishment among a significant portion of its population. Despite being an agrarian economy many of its people, mainly those based in rural areas, are undernourished.

Bank Al-Habib Limited provides various financial products and services in Pakistan. It offers consumer, commercial and Islamic banking services. Its commercial banking services include current and deposit accounts for corporate and individual clients; for

All Sindh Primary Teachers Association has given call of protest on 21st October 2009 throughout the province against police failure to arrest killers of a primary teacher Abdul Ghafoor Channa who was killed in his village Nangar Makan tehsil Daulatpur di

The following were the revised rates of debt securities on Friday (October 16, 2009).

The Syndicate of the NED university of Engineering and Technology Karachi has approved the conferment of two Ph.D. degrees in Computer Science. This was stated by the Registrar of the institution, Engr. Javed Aziz Khan, on Friday. He said that the recipie

The following were the revised rates of debt securities on Friday (October 16, 2009).

A two-day Sindh Education Conference will be organised here from October 17 (today). An announcement on Friday said that the moot would be held under the auspices of Tanzeem Asatiza Pakistan, Sindh. It said that the senior educationalists and teachers wou

The following were the revised rates of debt securities on Friday (October 16, 2009).

Higher Education Commission (HEC) will expand its Ph.D scholarship programme and establish more universities across the country to promote higher education. This was stated by Chairman Higher Education Commission (HEC) Dr Javed R Laghari at a briefing hel

The following were the cross transactions between client to client & financial institutions here on Friday (October 16, 2009).

Chief Justice Lahore High Court (LHC) Khawaja Muhammad Sharif along with Justice Mian Saqib Nisar visited the Mall and laid floral wreath on the portraits of army soldiers who sacrificed their lives in GHQ terrorist attack. The portraits of martyrs are in

The following transactions member to member subsequently reported on Friday (October 16, 2009).

Market experts are expecting slightly downward trend in the international and local gold prices as the rate of gold per ounce witnessed $3 dip on Friday to $1,050 from $1053 of Thursday. According to Haroon Rasheed Chand, President of All Sindh Saraf and

Mutual Funds Association has issued open-end funds daily prices for Friday (16 October 2009)

The Sindh High Court (SHC) on Friday, through issuing a stay order to the City District Government Karachi (CDGK), barred it from collecting what the petitioner Ashraf Hussain, President of Pasban Karachi called it "illegal" public utility charges known a

Mutual Funds Association has issued open-end funds daily prices for Friday (16 October 2009)

Pakistan Muslim League-Nawaz (PML-N) on Friday announced 15 candidates for the forthcoming elections of Gilgit-Baltistan Council. PML-N Spokesman Siddiqul Farooq unveiled the name of party candidates at a news conference here.

Mutual Funds Association has issued open-end funds daily prices for Friday (16 October 2009)

Pakistan Muslim League (Q) Punjab Chief, Chaudhry Pervez Elahi on Friday declared the National Reconciliation Ordinance (NRO) a stigma for democracy and vowed that his party will not allow the government to pass the NRO.

BRIndex30 and BR Sectoral Indices on Friday (October 16, 2009).

President Asif Ali Zardari has awarded "Aizaz-i-Fazeelat" to Zafarullah Khan Buttar, Principal, Federal Government College of Commerce, Sector H- 8/4, Islamabad. As per the notification, Federal Minister for Education would confer the award on Zafa

Dates of despatch of dividend warrants and bonus share certificates.

The two terrorists arrested by Islamabad Police on Thursday night stated that they were planning to attack some important buildings in the capital. However, their next target was Police Lines, Islamabad, in Sector H-9.

Applied for extension to SECP for holding of annual general meeting.

The three-day Indonesia-Pakistan Calligraphy and Indonesian Batik Exhibition and National Skill Development Workshops, inaugurated on Thursday, at National Art Gallery, Pakistan National Council of the Arts, has attracted a large number of visitors on its

Board Meetings of Companies listed on the Karachi Stock Exchange.

According to Iesco press release, power supply will remain suspended due to construction/maintenance works as per following schedule. Saturday 17 October From 0830 to 1330 Hours, Sowan Feeder, Bahria Town Feeer, DHA Feeder, Sowan, Bahria town, DHA and sur

Board Meetings of Companies listed on the Karachi Stock Exchange.

Chief Justice of Lahore High Court (LHC) Khawaja Muhammad Sharif gave the police a week to arrest remaining three culprits who kidnapped and tortured two Christians, one of whom Emmanual Masih died. The case was adjourned till October 23.

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

The Lahore High Court (LHC) has directed the judges of subordinate courts to record evidence in all cases through appointment of commission in order to reduce heavy backlog of old/new cases and to achieve the goal of speedy disposal set out in National Ju

Shares buy-back schedule of listed companies on Friday (October 16, 2009).

The Punjab Assembly Friday passed a unanimous resolution condemning the acts of terrorism at Shangla, Kohat, Peshawar, FIA Building in Lahore, Manawan Police Training Centre, and Bedian Elite Training School.

Right issues proposed by companies listed on Karachi Stock Exchange.

Saqib Masood, Chairman Taxation Committee of the Institute of Chartered Accountants of Pakistan (ICAP) in a statement has expelled misleading facts reported in a news item appeared in the Business Recorder on 15 October 2009.

Karachi Stock Exchange's Clearing Schedule for T+2 System.

Whereas the crises-hit people of Sindh are facing one of the worst sugar crisis, their representatives in Sindh Assembly seem to be interested in introducing new legislation's, such as the Sugar Factories Control (Sindh Amendment) Bill, 2009 which was una

Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed on the stock exchanges.

The 58th death anniversary of Pakistan' first Prime Minister Nawazada Liaquat Ali Khan was observed on Friday. Liaquat Ali was born on October 1, 1896 in India and assassinated on October 16, 1951 in Rawalpindi. In 1921, he obtained a degree in Law from O

EFU Guarant Growth Fund Rates on Friday (October 16, 2009).

Karachi Police claimed to have arrested at least 37 suspected persons wearing Malaysian-dress and recovered huge quantity of automatic Russian-made weapons from their possessions in Landhi town on Friday. According to sources at Sharafi Goth police statio

EFU Guarant Growth Fund Rates on Friday (October 16, 2009).

An American 6-year-old set off a massive search-and-rescue operation and media frenzy on Thursday for fear he was inside a home-made helium balloon that broke loose and drifted thousands of feet above Colorado for hours before he was found safe at home.

EFU Guarant Growth Fund Rates on Friday (October 16, 2009).

An American 6-year-old set off a massive search-and-rescue operation and media frenzy on Thursday for fear he was inside a home-made helium balloon that broke loose and drifted thousands of feet above Colorado for hours before he was found safe at home.

EFU Aitemad Growth Fund Rates on Friday (October 16, 2009).

The unmanned air strikes by United States forces in Pakistan have al Qaeda fighters "on the run" a former senior British commander said Friday, while calling for more troops in Afghanistan. In an interview with the German Press dpa, Colonel Richard Kemp,

EFU Aitemad Growth Fund Rates on Friday (October 16, 2009).

Chief Executive Officer (CEO) of Pakistan Industrial Development Corporation (PIDC) Abdul Bari Khan, author of Pakistan Steel Mills (PSM) inquiry report, has reportedly bade farewell to the organisation after the Industries Ministry demoted him, shortly a

EFU Aitemad Growth Fund Rates on Friday (October 16, 2009).