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Print - 2009-11-06
Deputy Chairman Nadra wins ID outstanding achievement award

Deputy Chairman Nadra wins ID outstanding achievement award

Tariq Malik, the Deputy Chairman Nadra won the prestigious ID Outstanding Achievement Award 2009 that is given to the person who produced the most concrete results in the field of auto ID after a tough competition with global IT experts. He was conferred
Published 06 Nov, 2009 12:00am
Avoidance of double taxation: FBR notifies agreement with Morocco

Avoidance of double taxation: FBR notifies agreement with Morocco

The Federal Board of Revenue (FBR) has notified agreement on the Avoidance of Double Taxation and Prevention of Fiscal Evasion between Pakistan and Morocco. In this regard, the FBR has issued SRO 940(I)/2009, here on Thursday to implement the convention i
Published 06 Nov, 2009 12:00am
Avoidance of double taxation: FBR notifies agreement with Morocco

Avoidance of double taxation: FBR notifies agreement with Morocco

The Federal Board of Revenue (FBR) has notified agreement on the Avoidance of Double Taxation and Prevention of Fiscal Evasion between Pakistan and Morocco. In this regard, the FBR has issued SRO 940(I)/2009, here on Thursday to implement the convention i
Published 06 Nov, 2009 12:00am
AHSL conferred 'Merit Award' by Safa

AHSL conferred 'Merit Award' by Safa

Arif Habib Securities Limited, the Flagship Company of Arif Habib Group, has been honoured by South Asian Federation of Accountants (Safa) for 'Merit Award' in the category of 'Non-Banking Sector'. The awards under different categories are conferred on th
Published 06 Nov, 2009 12:00am
AHSL conferred 'Merit Award' by Safa

AHSL conferred 'Merit Award' by Safa

Arif Habib Securities Limited, the Flagship Company of Arif Habib Group, has been honoured by South Asian Federation of Accountants (Safa) for 'Merit Award' in the category of 'Non-Banking Sector'. The awards under different categories are conferred on th
Published 06 Nov, 2009 12:00am
Pakistan and Malaysia enjoy good bilateral ties

Pakistan and Malaysia enjoy good bilateral ties

Provincial Minister for Information, Shazia Marri, has said that Pakistan and Malaysia have very good bilateral and cultural ties. President Asif Ali Zardari has focused on increasing trade with other countries of the world and he believes in trade not ai
Published 06 Nov, 2009 12:00am
'Syngenta Rice Exposition 2009' held

'Syngenta Rice Exposition 2009' held

A two-day "Syngenta Rice Expo 2009" held at University of Faisalabad's Post Graduate Agricultural Research Station recently. During the Expo new technology and advances in crop protection and crop enhancement were showcased. The Expo, which was organised
Published 06 Nov, 2009 12:00am
DHA City balloting held

DHA City balloting held

The balloting for DHA City was held at the Convention Hall of Defence Authority Country and Golf Club here on Thursday. Air Commodore Akmal Hussain, Base Commander PAF Base Faisal, who is also member of DHA Executive Board, conducted the ballot. The Admin
Published 06 Nov, 2009 12:00am
MGCL sends relief goods for South Waziristan IDPs

MGCL sends relief goods for South Waziristan IDPs

Mari Gas Company Ltd (MGCL) realising its corporate social responsibility immediately responded to the crises faced by Internally Displaced Persons (IDPs) of South Waziristan Agency (SWA) and dispatched relief goods worth Rs 1 million as its first tranche
Published 06 Nov, 2009 12:00am
Electronic media managers prepare coverage guidelines

Electronic media managers prepare coverage guidelines

Electronic media managers from eight prominent television channels have evolved first-of-its-kind voluntary framework to standardise professional guidelines regarding terrorism coverage.
Published 06 Nov, 2009 12:00am
FoDP will give $500 million soon, says Hina

FoDP will give $500 million soon, says Hina

Pakistan would soon receive $500 million from the Friends of Democratic Pakistan (FoDP), said State Minister for Finance Hina Rabbani Khar while talking to media here on Thursday. According to the Minister this money would come from Saudi Arabia, US, Turk
Published 06 Nov, 2009 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (November 05, 2009).

Published 06 Nov, 2009 12:00am
Condolence

Condolence

Pakistan Muslim League-Q President Chaudhry Shujaat Hussain accompanied by Chaudhry Pervaiz Ellahi and Kamil Ali Agha visited the residence of journalist Aftab Iqbal to condole with him over the demise of his mother. The PML-Q leaders remained there for s
Published 06 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 06 Nov, 2009 12:00am
'Available Light' inaugurated

'Available Light' inaugurated

An art exhibition of six internationally known artists Available Light was inaugurated at Alhamra Art Gallery on Thursday. The exhibition was curated by Dr Maureen Korp and the inauguration ceremony was attended by Principal Officer of the US Consulate La
Published 06 Nov, 2009 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on November 03, 2009.

Published 06 Nov, 2009 12:00am
RCCI criticises two gas holidays

RCCI criticises two gas holidays

The Government decision regarding the suspension of gas supply to CNG Stations and Industrial sector will not only affect the industrial growth but also bar Pakistan from achieving the export target of $20 billion this year. Kashif Shabir, President, Rawa
Published 06 Nov, 2009 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on November 03, 2009.

Published 06 Nov, 2009 12:00am
Aviation security coordination conference held

Aviation security coordination conference held

Aviation Security Co-ordination Conference was held on Thursday at the Head Quarters of ASF Karachi presided by the Director General Airports Security Force Brigadier Sahar Aslam Butt, SI (M). The representatives of all departments working at the airport
Published 06 Nov, 2009 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on November 03, 2009.

Published 06 Nov, 2009 12:00am
US Consulate begins interviewing businesspersons

US Consulate begins interviewing businesspersons

The US Consulate on Thursday began interviewing the businesspersons under its 'business visa programme', which the local business community termed significant to boost the bilateral trade between the two countries.
Published 06 Nov, 2009 12:00am
The Weather

The Weather

The weather report on Thursday (November 05, 2009) and the forecast for Friday (November 06, 2009).

Published 06 Nov, 2009 12:00am
City government employees reluctant to contribute to KCPT

City government employees reluctant to contribute to KCPT

The employees of the City District Government Karachi (CDGK) and its subordinate departments are unwilling to contribute money from their salaries to the newly formed "Karachi Citizens Participation Trust" (KCPT). According to sources the city government
Published 06 Nov, 2009 12:00am
Lasbela Chamber rejects two-day off

Lasbela Chamber rejects two-day off

President of Lasbela Chamber of Commerce and Industry Yakoob H. Karim has criticised the government's decision to declare Saturday as an additional weekly holiday in a press release issued on Thursday. He urged the government to withdraw its decision and
Published 06 Nov, 2009 12:00am
Barclays celebrates renewal with global fan promotion

Barclays celebrates renewal with global fan promotion

To celebrate the renewal of the Barclays Premier League sponsorship, Barclays announces a promotion offering 20 top-flight football fans from across the globe the ultimate prize - a once in a lifetime chance to win the Barclays Premier League trophy for t
Published 06 Nov, 2009 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 06 Nov, 2009 12:00am
'PML-N habitual of levelling allegations'

'PML-N habitual of levelling allegations'

Pakistan Muslim League-Quaid (PML-Q) on Thursday said that the Chaudhry family had no concern whatsoever with the affairs of Bank of Punjab while declaration of assets given by PML-N leadership had exposed them in front of the masses. The PML-Q Secretary
Published 06 Nov, 2009 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 06 Nov, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (November 05, 2009).

Published 06 Nov, 2009 12:00am
Foreign nationals: LHC moved for seeking registration of criminal cases

Foreign nationals: LHC moved for seeking registration of criminal cases

Wattan Party through its Punjab chapter President Hashim Shaukat Khan has approached the Lahore High Court seeking registration of criminal cases against the foreign nationals who were apprehended with illegal weapons and were released later by police on
Published 06 Nov, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (November 05, 2009).

Published 06 Nov, 2009 12:00am
Sukuk Al Musharaka of Rs 660 million arranged for Al Razi Healthcare

Sukuk Al Musharaka of Rs 660 million arranged for Al Razi Healthcare

Emirates Global Islamic Bank Ltd (EGIBL), the lead arranger, Pak Oman Investment Company Limited, BRR Guardian Modaraba and Bank of Khyber have jointly arranged Sukuk Al Musharaka of Rs 660 million for Al Razi Healthcare Pvt Ltd. The commemorative signing
Published 06 Nov, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 06 Nov, 2009 12:00am
Sukuk Al Musharaka of Rs 660 million arranged for Al Razi Healthcare

Sukuk Al Musharaka of Rs 660 million arranged for Al Razi Healthcare

Emirates Global Islamic Bank Ltd (EGIBL), the lead arranger, Pak Oman Investment Company Limited, BRR Guardian Modaraba and Bank of Khyber have jointly arranged Sukuk Al Musharaka of Rs 660 million for Al Razi Healthcare Pvt Ltd. The commemorative signing
Published 06 Nov, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

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

Published 06 Nov, 2009 12:00am
PBC elections: no work in LHC on November 21

PBC elections: no work in LHC on November 21

The Chief Justice of the Lahore High Court (LHC) has notified that on account of Punjab Bar Council (PBC) elections there will be no work in the LHC, in its benches and civil and sessions courts in the province of Punjab on November 21. The Chief Justice
Published 06 Nov, 2009 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The National Assembly's sitting on Thursday with the blend of enthusiasm, ethos and disorder took up the issue of accountability and what was encouraging was that the Parliamentarians across the political divide vociferously demanded the lists of National
Published 06 Nov, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 06 Nov, 2009 12:00am
Government ready to present names of NRO beneficiaries in Parliament

Government ready to present names of NRO beneficiaries in Parliament

Federal Minister for Parliamentary Affairs Dr Babar Awan Thursday said that the government is ready to present the names of both NRO beneficiaries and those whose loans were written off in the Parliament. The Minister said this on the floor of House while
Published 06 Nov, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 06 Nov, 2009 12:00am
Khwaja Asif faces embarrassment in National Assembly!

Khwaja Asif faces embarrassment in National Assembly!

Khwaja Muhammad Asif of PML-N had to face embarrassment without purpose in the National Assembly when he passed remarks unintentionally against a lady MNA Farkhanda Amjad moving towards the Prime Minster's desk with a file in her hands for getting his sig
Published 06 Nov, 2009 12:00am
Land purchased by Zardari, Bilawal: PML-N submits adjournment motion

Land purchased by Zardari, Bilawal: PML-N submits adjournment motion

Pakistan Muslim League-Nawaz (PML-N) Thursday submitted an adjournment motion with the national assembly secretariat regarding alleged purchase of 300 acres of land by a company owned by President Asif Ali Zardari and Chairman, PPP, Bilawal Bhutto Zardari
Published 06 Nov, 2009 12:00am
War-hit areas of NWFP: Bilour concerned over delay in incentive package

War-hit areas of NWFP: Bilour concerned over delay in incentive package

Chairman, Senate Standing Committee on Commerce and member Standing Committee on Finance, Senator Ilyas Ahmad Bilour has expressed concern over delay in the declaration of NWFP as war affected area and demanded of the federal government for initiating imm
Published 06 Nov, 2009 12:00am
THE RUPEE: dollar marginally low

THE RUPEE: dollar marginally low

The rupee managed to recover slightly against dollar, it, however, lost steeply versus euro in process of trading, dealers said on Thursday. On the interbank market the rupee was up with a gain of three paisa at 83.67 in relation to dollar for buying and
Published 06 Nov, 2009 12:00am
THE RUPEE: dollar marginally low

THE RUPEE: dollar marginally low

The rupee managed to recover slightly against dollar, it, however, lost steeply versus euro in process of trading, dealers said on Thursday. On the interbank market the rupee was up with a gain of three paisa at 83.67 in relation to dollar for buying and
Published 06 Nov, 2009 12:00am
Only $479 million received till now for IDPs: UN official

Only $479 million received till now for IDPs: UN official

The United Nations Representative in Pakistan on Thursday said that out of the total $680 million pledged by the international community for Internally Displaced Persons (IDPs), only $479 million have been received so far and remaining 30 percent of the p
Published 06 Nov, 2009 12:00am
'Rs five billion released for Textile Policy 2009-14 initiatives'

'Rs five billion released for Textile Policy 2009-14 initiatives'

The Finance Division has released Rs 5 billion to the State Bank of Pakistan out of Rs 10 billion allocated for the current financial year for various initiatives envisaged in the Textile Policy 2009-14, said Secretary, Ministry of Textiles, Dr Waqar Maso
Published 06 Nov, 2009 12:00am
By-elections: LHC adjourns proceedings

By-elections: LHC adjourns proceedings

The Lahore High Court (LHC) here on Thursday adjourned to November 10 proceedings in some identical appeals against the single bench's order about postponement of bye-elections in Punjab. Khawaja Haris, counsel for Punjab Government stated that the electi
Published 06 Nov, 2009 12:00am
LHC pays homage to nine judges

LHC pays homage to nine judges

A full court reference to pay homage to the departed souls of nine former judges of the LHC who passed away last year, will be held in the committee room of the Lahore High Court (LHC) on Friday (today). The LHC Chief Justice, judges of the higher courts
Published 06 Nov, 2009 12:00am
ASF approves Rs 40 million grant for various projects

ASF approves Rs 40 million grant for various projects

Agribusiness Support Fund (ASF) has approved Rs 40 million grant to support a number of projects including World Wide Fund for Nature-Pakistan (WWF-P) project for the provision of services for value-addition and marketing of pine nuts (Chalgoza) in Baloch
Published 06 Nov, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (November 05, 2009).

Published 06 Nov, 2009 12:00am
Democratic system will derail if steps not taken: Chattha

Democratic system will derail if steps not taken: Chattha

Chairman of Pakistan Muslim League PML-Q like-minded group Hamid Nasir Chattha on Thursday warned the government that the whole democratic system would derail if timely steps were not taken to protect the system. Chattha said that in case of any harm to t
Published 06 Nov, 2009 12:00am
Government's economic policies criticised

Government's economic policies criticised

Speakers at a Jamaat-i-Islami (JI) sponsored seminar on "NRO and Democracy" Thursday termed the "deliberate" devaluation of rupee, standby loan of International Monetary Fund (IMF), the Kerry-Lugar Bill (KLB), Friends of Democratic Pakistan (FoDP), milita
Published 06 Nov, 2009 12:00am
Five outlaws killed

Five outlaws killed

Chaman police and other security agencies on Thursday killed 5 outlaws in a drive against kidnappers and other anti social elements in Boghra Karez area of the town. District police chief Hamid Shakil told media persons that the heavily armed anti social
Published 06 Nov, 2009 12:00am
UN chief terms BISP role model for other countries

UN chief terms BISP role model for other countries

UN Secretary General Ban Ki Moon has described Benazir Income Support Programme (BISP) role model for other countries of the world. While lauding the initiative as transparent, he termed the programme as instrumental to poverty alleviation.
Published 06 Nov, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Nov, 2009 12:00am
FO refutes Indian foreign secretary's statement

FO refutes Indian foreign secretary's statement

Foreign office on Thursday refuted the statement of Indian foreign secretary seeking world's pressure on Pakistan to deal with the terror. In a statement issued here on Thursday, the Foreign Office Spokesman stated that the international community was app
Published 06 Nov, 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 Nov, 2009 12:00am
Outgoing Bangladeshi High Commissioner calls on Zardari

Outgoing Bangladeshi High Commissioner calls on Zardari

President Asif Ali Zardari on Thursday said the political relations between Pakistan and Bangladesh needs to be translated into substantive economic and trade linkages for mutual benefit. Talking to Outgoing High Commissioner (HC) of Bangladesh Yasmeen Mu
Published 06 Nov, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Nov, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 06 Nov, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (November 05, 2009).

Published 06 Nov, 2009 12:00am
New chief executive officer KESC to get Rs 1.3 million salary

New chief executive officer KESC to get Rs 1.3 million salary

The newly appointed CEO of Karachi Electric Supply Corporation (KESC) Tabish Gauhar will get a monthly salary of Rs 1.3 million in addition to other benefits and entitlement from the utility company. According to information despatched to KSE here on Thur
Published 06 Nov, 2009 12:00am
Arts, handicrafts exhibition of Saarc states opens

Arts, handicrafts exhibition of Saarc states opens

Arts and crafts exhibitions add colours to the unique character and flavours of Islamabad. The Capital Development Authority (CDA) is taking concrete measures to develop traditional arts and handicrafts in the Federal Capital so as to promote the rich tra
Published 06 Nov, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 Nov, 2009 12:00am
Militants blow up girls' school

Militants blow up girls' school

Islamist militants blew up a girls' school in Khyber district on Thursday, the second such attack in the lawless region on the Afghan border in four days, officials said. "Militants used 25 to 30 kilograms (55 to 66 pounds) of explosives to blow up the tw
Published 06 Nov, 2009 12:00am
Pepco, Aptma settle issue of dues

Pepco, Aptma settle issue of dues

Pakistan Electric Power Company (Pepco) and All Pakistan Textile Mills Association (APTMA) have reached an agreement to pay immediately 25 percent (Rs 220 million) of the total due amount ie Rs 880 million and the remaining sum would be paid in six equal
Published 06 Nov, 2009 12:00am
Pepco, Aptma settle issue of dues

Pepco, Aptma settle issue of dues

Pakistan Electric Power Company (Pepco) and All Pakistan Textile Mills Association (APTMA) have reached an agreement to pay immediately 25 percent (Rs 220 million) of the total due amount ie Rs 880 million and the remaining sum would be paid in six equal
Published 06 Nov, 2009 12:00am
Pepco, Aptma settle issue of dues

Pepco, Aptma settle issue of dues

Pakistan Electric Power Company (Pepco) and All Pakistan Textile Mills Association (APTMA) have reached an agreement to pay immediately 25 percent (Rs 220 million) of the total due amount ie Rs 880 million and the remaining sum would be paid in six equal
Published 06 Nov, 2009 12:00am
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