AGL 38.15 Decreased By ▼ -1.43 (-3.61%)
AIRLINK 125.07 Decreased By ▼ -6.15 (-4.69%)
BOP 6.85 Increased By ▲ 0.04 (0.59%)
CNERGY 4.45 Decreased By ▼ -0.26 (-5.52%)
DCL 7.91 Decreased By ▼ -0.53 (-6.28%)
DFML 37.34 Decreased By ▼ -4.13 (-9.96%)
DGKC 77.77 Decreased By ▼ -4.32 (-5.26%)
FCCL 30.58 Decreased By ▼ -2.52 (-7.61%)
FFBL 68.86 Decreased By ▼ -4.01 (-5.5%)
FFL 11.86 Decreased By ▼ -0.40 (-3.26%)
HUBC 104.50 Decreased By ▼ -6.24 (-5.63%)
HUMNL 13.49 Decreased By ▼ -1.02 (-7.03%)
KEL 4.65 Decreased By ▼ -0.54 (-10.4%)
KOSM 7.17 Decreased By ▼ -0.44 (-5.78%)
MLCF 36.44 Decreased By ▼ -2.46 (-6.32%)
NBP 65.92 Increased By ▲ 1.91 (2.98%)
OGDC 179.53 Decreased By ▼ -13.29 (-6.89%)
PAEL 24.43 Decreased By ▼ -1.25 (-4.87%)
PIBTL 7.15 Decreased By ▼ -0.19 (-2.59%)
PPL 143.70 Decreased By ▼ -10.37 (-6.73%)
PRL 24.32 Decreased By ▼ -1.51 (-5.85%)
PTC 16.40 Decreased By ▼ -1.41 (-7.92%)
SEARL 78.57 Decreased By ▼ -3.73 (-4.53%)
TELE 7.22 Decreased By ▼ -0.54 (-6.96%)
TOMCL 31.97 Decreased By ▼ -1.49 (-4.45%)
TPLP 8.13 Decreased By ▼ -0.36 (-4.24%)
TREET 16.13 Decreased By ▼ -0.49 (-2.95%)
TRG 54.66 Decreased By ▼ -2.74 (-4.77%)
UNITY 27.50 Decreased By ▼ -0.01 (-0.04%)
WTL 1.29 Decreased By ▼ -0.08 (-5.84%)
BR100 10,089 Decreased By -415.2 (-3.95%)
BR30 29,509 Decreased By -1717.6 (-5.5%)
KSE100 94,574 Decreased By -3505.6 (-3.57%)
KSE30 29,445 Decreased By -1113.9 (-3.65%)
Print - 2009-11-03
Government should let the media do its job

Government should let the media do its job

That National Assembly's Standing Committee on Information has recommended the incorporation of a military ruler's anti-media laws into PEMRA Ordinance comes as a shocking surprise. It is shocking indeed because the additions are Draconian in nature, and
Published 03 Nov, 2009 12:00am
High tax-to-GDP ratio can help avoid KLBs in future

High tax-to-GDP ratio can help avoid KLBs in future

The Federal Board of Revenue, in a determined enforcement initiative to broaden the narrow tax base, has identified as many as 700,000 "most rich" non-filers living in the country's posh localities, and has also compiled a list based on Nadra data, comple
Published 03 Nov, 2009 12:00am
Population census likely to be started next month

Population census likely to be started next month

The 6th National Housing and Population Census is likely to be started from the next month as the Population Census Organisation has made all preparations in this regard. "The Population Census Organisation (PCO) has made all preparations for conducting t
Published 03 Nov, 2009 12:00am
Lawyers to observe token 'black day' on November 3

Lawyers to observe token 'black day' on November 3

The lawyers fraternity in twin cities of Islamabad and Rawalpindi will observe token black day on November 3 to condemn the unconstitutional steps of former president Pervez Musharraf by sending judges of superior judiciary home through proclamation of em
Published 03 Nov, 2009 12:00am
Ministry to introduce system of competitive textbook publishing

Ministry to introduce system of competitive textbook publishing

The Education Ministry will introduce a well-regulated system of competitive publishing of textbooks and learning materials. According to official sources, the Ministry will take steps to transform Textbook Boards into competent facilitating, regulating a
Published 03 Nov, 2009 12:00am
Punjab government to ensure paddy purchase at Rs 1,250 per 40kg

Punjab government to ensure paddy purchase at Rs 1,250 per 40kg

Punjab govt would ensure purchase of paddy at the official price of Rs 1,250 per 40 kg through Pakistan Agricultural Supply and Storage Corporation (Passco) and all the Commissioners and DCOs have been directed to strictly monitor the procurement process
Published 03 Nov, 2009 12:00am
Beacon House team visits IIUI

Beacon House team visits IIUI

A delegation of Beacon House school, Islamabad visited International Islamic University, Islamabad (IIUI) to condole with IIUI authorities and students over the loss of lives due to bomb blasts of October 20. Principal, Beacon House school, Dr Sajad Hussa
Published 03 Nov, 2009 12:00am
AJK government orders seizure of allotment records

AJK government orders seizure of allotment records

Azad Jammu Kashmir government on Monday ordered for seizure of all official record including related to allotment, revising and alternative allotments of Mirpur Development Authority and the City Municipal Corporation. Both the institutions have also been
Published 03 Nov, 2009 12:00am
'Mother and child' health week launched

'Mother and child' health week launched

The Ministry of Health Monday launched mother and child health week to safeguard mothers and children from Pneumonia and other health threats in upcoming winter. Around 100 million Pakistanis, including 15 million children under the age of five years, and
Published 03 Nov, 2009 12:00am
Special education centres: ministry paying hefty amount as rent

Special education centres: ministry paying hefty amount as rent

The Ministry of Special Education (MOSE) is paying a hefty amount of Rs 4,68,987 a month as rent for the Special Education Centres running in different districts of the country. Up to 20 Special Education Centres are still running in the rented buildings
Published 03 Nov, 2009 12:00am
CDA to start small tourists trains in parks

CDA to start small tourists trains in parks

The Capital Development Authority (CDA) would start small tourists trains and kids rides at different recreational spots of the federal capital, which aim to entertain tourists particularly children. "The Authority would invite proposals and suggestions f
Published 03 Nov, 2009 12:00am
'Tsunami rescue' exercise: disaster-prone Balochistan coast practise

'Tsunami rescue' exercise: disaster-prone Balochistan coast practise

Pakistan's National Disaster Management Authority (NDMA), under an UN-backed initiative, conducted Tsunami rescue drill for awareness of locals at southern disaster-prone coastal belt of Jewni, some 60 kilometres from port city of Gwadar, in Balochistan.
Published 03 Nov, 2009 12:00am
Aulakh opens 'Foundation Seed Cell' at AARI

Aulakh opens 'Foundation Seed Cell' at AARI

Punjab Minister for Agriculture Malik Ahmad Ali Aulakh inaugurated "Foundation Seed Cell" at Ayub Agricultural Research Institute (AARI), Faisalabad to provide basic seeds of various crop to private seed companies other than Punjab Seed Corporation to enh
Published 03 Nov, 2009 12:00am
Dry weather delays wheat sowing, causing health problems

Dry weather delays wheat sowing, causing health problems

The prevailing spell of dry weather is delaying wheat cultivation in arid areas of the country particularly in Potohar region while hospitals and medical practitioners are receiving more patients of weather related diseases. According to agriculture exper
Published 03 Nov, 2009 12:00am
'Transfer of former principal was on administrative grounds'

'Transfer of former principal was on administrative grounds'

A spokesman of Higher Education Department clarified on Monday that the former principal of Government PG College for Women, Rawalpindi, Mrs Waseem Sikandar, was transferred on administrative grounds, instead of political grounds. The spokesman further st
Published 03 Nov, 2009 12:00am
Arts Council in Punjab: meeting held to review security arrangements

Arts Council in Punjab: meeting held to review security arrangements

In view of present security situation, an emergent meeting of the Board of Governors of Punjab Council of the Arts (PCA), is being held on Friday, November 6, 2009. The meeting will give approval to recruitment of security guards and purchase of walk thro
Published 03 Nov, 2009 12:00am
Possibility of imposition of martial law ruled out

Possibility of imposition of martial law ruled out

Punjab Law Minister Rana Sanaullah has categorically ruled out possibility of imposition of martial law in the country. He was talking to media outside Punjab assembly on Monday evening. He said that the NRO was a stigma and the public can ask for resigna
Published 03 Nov, 2009 12:00am
Examining of Shoaib Hashmi: SIMS directed to form SMB

Examining of Shoaib Hashmi: SIMS directed to form SMB

The Secretary Health Punjab has directed the Principal Services Institute of Medical Sciences (SIMS)/Services Hospital Lahore to constitute Special Medical Board (SMB) of medical experts to examine Shoaib Hashmi, a renowned educationlist and TV play write
Published 03 Nov, 2009 12:00am
Korangi Industrial Park likely to be operational by year-end

Korangi Industrial Park likely to be operational by year-end

Korangi Industrial Park, which is being constructed by the National Industrial Park (NIP), is expected to be made operational by the end of this year. Sources in the Planning and Development (P&D) department told Business Recorder on Monday that th
Published 03 Nov, 2009 12:00am
Violation of rules: ministry stops registration of 4,000 medicines

Violation of rules: ministry stops registration of 4,000 medicines

The Ministry of Health has stopped registration of around 4,000 medicines following allegations that rules were being violated in the absence of a proper monitoring mechanism. During question hour session in the National Assembly on Monday, Parliamentary
Published 03 Nov, 2009 12:00am
Czech businessmen ready for joint ventures with Pakistani counterparts

Czech businessmen ready for joint ventures with Pakistani counterparts

The ambassador of Czech Republic, Pavol Sepelak has said Czech Republic has huge business opportunities for Pakistani businessmen in power, textile, pharmaceutical, leather and construction sectors and Czech businessmen are ready to initiate joint venture
Published 03 Nov, 2009 12:00am
Open katchery postponed

Open katchery postponed

The open katchery of Provincial Minister for Population Welfare Department Syed Ali Mardan Shah scheduled for Thursday (November 5) at Sanghar has been postponed, this was stated by the spokesman of department. New date of open katchery will be informed t
Published 03 Nov, 2009 12:00am
KASB Funds Limited to announce first-interim dividend

KASB Funds Limited to announce first-interim dividend

The Management Company of KASB Funds Limited is pleased to announce the first-interim dividend for this financial year. The Board of Directors of the Management Company held a meeting on October 23, to finalise the dividend distribution. The Board has dec
Published 03 Nov, 2009 12:00am
KASB Funds Limited to announce first-interim dividend

KASB Funds Limited to announce first-interim dividend

The Management Company of KASB Funds Limited is pleased to announce the first-interim dividend for this financial year. The Board of Directors of the Management Company held a meeting on October 23, to finalise the dividend distribution. The Board has dec
Published 03 Nov, 2009 12:00am
Shifa International declares 12 percent dividend

Shifa International declares 12 percent dividend

In its 23rd Annual General Body meeting, CEO, Shifa International, Dr Zaheer Ahmad announced 12 percent dividend as approved by the board of directors. Addressing the meeting, Zaheer Ahmad said that in 2008, Shifa earned 18 percent higher revenue than the
Published 03 Nov, 2009 12:00am
Shifa International declares 12 percent dividend

Shifa International declares 12 percent dividend

In its 23rd Annual General Body meeting, CEO, Shifa International, Dr Zaheer Ahmad announced 12 percent dividend as approved by the board of directors. Addressing the meeting, Zaheer Ahmad said that in 2008, Shifa earned 18 percent higher revenue than the
Published 03 Nov, 2009 12:00am
Army recruitment process: presentation given to GCU students

Army recruitment process: presentation given to GCU students

An official from the Pakistan Military Academy (PMA) gave a detailed multimedia presentation to the Government College (GC) University students on the procedure of army recruitment, objectives, training, life and rigorous routine of the academy cadets. Th
Published 03 Nov, 2009 12:00am
The Weather

The Weather

The weather report on Monday (November 02, 2009) and the forecast for Tuesday (November 03, 2009).

Published 03 Nov, 2009 12:00am
Etihad Airways offers chance to win million miles

Etihad Airways offers chance to win million miles

Etihad Airways, the national airline of the United Arab Emirates has launched a new offer to their Etihad Guest loyalty programme members. For every Diamond First or Pearl Business Class booking made during the month of November, passengers can now win as
Published 03 Nov, 2009 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (November 02, 2009).

Published 03 Nov, 2009 12:00am
KESC cuts over 50 percent power generating capacity

KESC cuts over 50 percent power generating capacity

The power generating capacity of Karachi Electric Supply Company (KESC) has reduced to over 50 percent, resulting massive power shortages in the city. According to sources with the shutdown of Bin Qasim Thermal Power Plant's (BQTPP) two electricity genera
Published 03 Nov, 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 03 Nov, 2009 12:00am
Suo motu action taken against expulsion of student

Suo motu action taken against expulsion of student

Chief Justice of Lahore High Court (LHC) here, on Monday, took a suo motu notice against expulsion of class-VII student from school due to her physical disability. The Chief Justice directed Executive District Officer (EDO) Education, Bahawalpur, to file
Published 03 Nov, 2009 12:00am
Faysal Bank, EFU Life sign Bancassurance Distribution Agreement

Faysal Bank, EFU Life sign Bancassurance Distribution Agreement

Faysal Bank recently signed a "Bancassurance Distribution Agreement" with EFU Life at Karachi. According to this agreement, Faysal Bank will offer EFU Life Bancassurance products to its existing and potential customers through its widespread distribution
Published 03 Nov, 2009 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 03 Nov, 2009 12:00am
Clarification

Clarification

Apropos a news item carried by Business Recorder on October 30, 2009 on page 9 titled "Ban on export of cotton, thread demanded" is not correct. Chairman of All Pakistan Bedsheet and Upholstery Manufacturers Association (APBUMA) never stated that b
Published 03 Nov, 2009 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 03 Nov, 2009 12:00am
LHC directs chief secretary Punjab to reconstruct razed school

LHC directs chief secretary Punjab to reconstruct razed school

Chief Justice Lahore High Court (LHC), disposing of a suo motu case against demolition of Chishtia High School, has directed Chief Secretary Punjab to reconstruct the razed building within three months. Earlier, Chief Secretary appearing before the court
Published 03 Nov, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (November 02, 2009).

Published 03 Nov, 2009 12:00am
Textile exports may increase by 15 percent

Textile exports may increase by 15 percent

Textile exports for 2009-10 may rise to $11.5 billion with an increase of 15 percent as compared to last year. Textile Industry Secretary Waqar Masood Khan told Business Recorder here on Monday that during the first three months of the current fina
Published 03 Nov, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (November 02, 2009).

Published 03 Nov, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (November 02, 2009).

Published 03 Nov, 2009 12:00am
NRO controversy may break up PML-N-PPP coalition in Punjab

NRO controversy may break up PML-N-PPP coalition in Punjab

The serious differences cropped up over the controversial National Reconciliation Ordinance (NRO) between Pakistan People's Party (PPP) and Pakistan Muslim League-Nawaz (PML-N) might lead the parties to part their ways in Punjab, where they are coalition
Published 03 Nov, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (November 02, 2009) and for Tuesday (November 03, 2009).
Published 03 Nov, 2009 12:00am
Barclays, JS Investments sign distribution agreement

Barclays, JS Investments sign distribution agreement

Barclays Bank PLC, Pakistan, one of the largest global banks, has signed a landmark distribution agreement with JS Investments Limited (JSIL), one of the leading asset management companies in Pakistan. Under the agreement, JS Income Fund (JS IF) and Unit
Published 03 Nov, 2009 12:00am
Barclays, JS Investments sign distribution agreement

Barclays, JS Investments sign distribution agreement

Barclays Bank PLC, Pakistan, one of the largest global banks, has signed a landmark distribution agreement with JS Investments Limited (JSIL), one of the leading asset management companies in Pakistan. Under the agreement, JS Income Fund (JS IF) and Unit
Published 03 Nov, 2009 12:00am
Minister seeks probe into delay in activating Smeda's training centre

Minister seeks probe into delay in activating Smeda's training centre

Sindh Minister for Commerce and Industries Rauf Siddiqui, expressing concern that Smeda's training centre was not activated despite the provision of million of rupees, has asked the FIA to initiate an enquiry into the matter. Presiding over a meeting of S
Published 03 Nov, 2009 12:00am
Amended Pemra law criticised

Amended Pemra law criticised

The Electronic Media Regulatory Authority (Amendment) bill 2008 reflects mala fide intent of the government and is designed to curb freedom of expression and control the free press in the country. Prominent journalist and security analyst Nasim Zehra said
Published 03 Nov, 2009 12:00am
CoAS calls on Prime Minister

CoAS calls on Prime Minister

Chief of Army Staff General Ashfaq Parvez Kayani called on Prime Minister Syed Yousuf Raza Gilani here at the PM House on Monday and briefed him about the on-going army action in South Waziristan. The meeting discussed matters relating to national securit
Published 03 Nov, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 02, 2009).

Published 03 Nov, 2009 12:00am
Government striving for future of next generation: minister

Government striving for future of next generation: minister

Federal Minister for Population Welfare, Dr Firdous Ashiq Awan has said that the government is paying special attention for the development and bright future of the next generation. In this regard, maximum funds will be released. Addressing a public gathe
Published 03 Nov, 2009 12:00am
LSE implements client level marketing system

LSE implements client level marketing system

The Lahore Stock Exchange (LSE) on Monday has announced the successful implementation of the 'Client Level Marketing System. A spokesman of LSE has said that the client level marketing system would play a key role in managing risks and this system would y
Published 03 Nov, 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 (November 02, 2009).

Published 03 Nov, 2009 12:00am
'Only disease-resistant cotton should be cultivated'

'Only disease-resistant cotton should be cultivated'

Punjab Minister for Agriculture Malik Ahmad Ali Aulakh has said that cotton is a cash crop, therefore, only disease-resistant varieties of cotton should be cultivated for attaining maximum production and earning foreign exchange.
Published 03 Nov, 2009 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (November 02, 2009).

Published 03 Nov, 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 (November 02, 2009).

Published 03 Nov, 2009 12:00am
Zardari for early completion of AJK projects

Zardari for early completion of AJK projects

President Asif Ali Zardari on Monday said the federal government gives special attention to the development of Azad Jammu and Kashmir (AJK) and directed for early completion of all projects. Talking to AJK Prime Minister Raja Mohammad Farooq Haider at Aiw
Published 03 Nov, 2009 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (November 02, 2009).

Published 03 Nov, 2009 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (November 02, 2009).

Published 03 Nov, 2009 12:00am
NRO bill to be tabled National Assembly during current week: Fouzia

NRO bill to be tabled National Assembly during current week: Fouzia

PPP Secretary Information Fouzia Wahab on Monday said the NRO bill would be tabled in the National Assembly during the current week, saying the ordinance carried very "useful" articles. Talking to journalists here at Parliament House, she said PPP had reg
Published 03 Nov, 2009 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (November 02, 2009).

Published 03 Nov, 2009 12:00am
Thahim meets Prime Minister

Thahim meets Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Monday met Federal Minister for Local Government, former Justice Abdul Razzaq Thahim and discussed the working about his ministry.
Published 03 Nov, 2009 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (November 02, 2009).

Published 03 Nov, 2009 12:00am
Inadequate curb ramps irk disabled persons

Inadequate curb ramps irk disabled persons

The Capital Development Authority (CDA) often does not erect necessary curb ramps to ensure that people with disabilities can move throughout the city in a safe and convenient manner. Ishaq Khan, a disabled boy told APP, that without the required curb ram
Published 03 Nov, 2009 12:00am
Raisani invites Rehman to visit Balochistan

Raisani invites Rehman to visit Balochistan

A delegation led by Chief Minister Balochistan Nawab Muhammad Aslam Khan Raisani called on Minister for Interior Rehman Malik here on Monday and discussed various issues relating to the province. According to a press release issued here, they discussed la
Published 03 Nov, 2009 12:00am
Dr Asim's appeal to people

Dr Asim's appeal to people

Dr Asim Hussain, Chairman NRB, on Monday appealed to the people of Pakistan to help the government eradicate terrorism from the country. He applauded the armed forces for fighting against terrorists in South Waziristan terming the recent bomb blasts acros
Published 03 Nov, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 02, 2009).

Published 03 Nov, 2009 12:00am
Ishrat-ul-Ibad's efforts lauded

Ishrat-ul-Ibad's efforts lauded

President SAARC Chamber of Commerce and Industry (SAARC CCI) and former President of FPCCI, Tariq Sayeed has appreciated Dr Ishrat-ul-Ebad Khan, Governor of Sindh for his earnest efforts towards socio-economic development of the province and hoped those w
Published 03 Nov, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 02, 2009).

Published 03 Nov, 2009 12:00am
Sugar shortage persists in retail markets of Karachi

Sugar shortage persists in retail markets of Karachi

Consumers are facing problem in getting sugar as scarcity of the sweetener persists in retail markets of Karachi amid its short supply from mills, traders complained on Monday.
Published 03 Nov, 2009 12:00am
Increase in raw cotton price pushed up yarn prices: APTMA

Increase in raw cotton price pushed up yarn prices: APTMA

All Pakistan Textile Mills Association (APTMA) has claimed that yarn prices in domestic market increased as a consequence of increase in price of raw cotton, adding government's intervention in market mechanism would put negative impact on the spinning in
Published 03 Nov, 2009 12:00am
THE RUPEE: dollar selling at 84.10

THE RUPEE: dollar selling at 84.10

The rupee did not move sharply against dollar on the interbank market on Monday for buying and selling at 83.70 and 83.74.On the open market it crossed 84 mark at 84.10 for selling, dealers said. The rupee managed to retain its weekend levels versus the g
Published 03 Nov, 2009 12:00am