News Archives for Print - 2009-11-12

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

BRIndex30 up 174.43 points

On Wednesday, the BRIndex30 opened at 7,564.91 points and after exhibiting positive and negative fluctuations throughout the market time, closed at 7,739.34 points with a positive change of 174.43 points, or 2.31 percent. It experienced intra-day high of

Published 12 Nov, 2009 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

BRIndex30 up 174.43 points

On Wednesday, the BRIndex30 opened at 7,564.91 points and after exhibiting positive and negative fluctuations throughout the market time, closed at 7,739.34 points with a positive change of 174.43 points, or 2.31 percent. It experienced intra-day high of

Published 12 Nov, 2009 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

Index gains 153.78 points

Late buying, mainly by local investors, on Wednesday supported the KSE-100 index to register a healthy gain of 153.78 points to close at 8,916.18 points. Despite negative opening and heavy selling of $4.5 million by foreign investors, local investors'' in

Published 12 Nov, 2009 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

Index gains 153.78 points

Late buying, mainly by local investors, on Wednesday supported the KSE-100 index to register a healthy gain of 153.78 points to close at 8,916.18 points. Despite negative opening and heavy selling of $4.5 million by foreign investors, local investors' int

Published 12 Nov, 2009 12:00am

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

Index gains 153.78 points

Late buying, mainly by local investors, on Wednesday supported the KSE-100 index to register a healthy gain of 153.78 points to close at 8,916.18 points. Despite negative opening and heavy selling of $4.5 million by foreign investors, local investors' int

Published 12 Nov, 2009 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

Taliban attacks kill 10 soldiers; 10 more missing

At least 10 soldiers were killed and 10 more went missing in two separate attacks by Taliban militants in Mohmand Agency, officials said on Wednesday. A spokesman for Frontier Corps, Fazal-ur-Rehman, said "a security vehicle hit a landmine and our eight s

Published 12 Nov, 2009 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

Taliban attacks kill 10 soldiers; 10 more missing

At least 10 soldiers were killed and 10 more went missing in two separate attacks by Taliban militants in Mohmand Agency, officials said on Wednesday. A spokesman for Frontier Corps, Fazal-ur-Rehman, said "a security vehicle hit a landmine and our eight s

Published 12 Nov, 2009 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

Commanders take stock of internal and external challenges

The top brass of Pakistan Army took stock of the internal and external challenges faced by the country and reiterated that the armed forces of the country "are fully capable" to meet any challenge. Military leadership met here on Wednesday in the 123rd Co

Published 12 Nov, 2009 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

Commanders take stock of internal and external challenges

The top brass of Pakistan Army took stock of the internal and external challenges faced by the country and reiterated that the armed forces of the country "are fully capable" to meet any challenge. Military leadership met here on Wednesday in the 123rd Co

Published 12 Nov, 2009 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

Oil demand may not reach pre-crisis level: Opec

Opec has raised its forecast for world oil demand growth slightly but says fuel consumption may not return to levels seen before the global economic slowdown, even if growth recovers. The Organisation of the Petroleum Exporting Countries'' monthly report

Published 12 Nov, 2009 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

Oil demand may not reach pre-crisis level: Opec

Opec has raised its forecast for world oil demand growth slightly but says fuel consumption may not return to levels seen before the global economic slowdown, even if growth recovers. The Organisation of the Petroleum Exporting Countries' monthly report o

Published 12 Nov, 2009 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm

Published 12 Nov, 2009 12:00am

Oil demand may not reach pre-crisis level: Opec

Opec has raised its forecast for world oil demand growth slightly but says fuel consumption may not return to levels seen before the global economic slowdown, even if growth recovers. The Organisation of the Petroleum Exporting Countries' monthly report o

Published 12 Nov, 2009 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d

Published 12 Nov, 2009 12:00am

July-October remittances cross $3 billion

Remittances by overseas Pakistanis continued to show rising trend as $3,089.77 million was received in the first four months (July-October) of the current fiscal year 2009-10, showing an increase of $743.78 million or 31.70 percent over the same period of

Published 12 Nov, 2009 12:00am

Karachi interbank rates

Karachi interbank rates on Wednesday (November 11, 2009).

Published 12 Nov, 2009 12:00am

July-October remittances cross $3 billion

Remittances by overseas Pakistanis continued to show rising trend as $3,089.77 million was received in the first four months (July-October) of the current fiscal year 2009-10, showing an increase of $743.78 million or 31.70 percent over the same period of

Published 12 Nov, 2009 12:00am

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 12 Nov, 2009 12:00am

July-October remittances cross $3 billion

Remittances by overseas Pakistanis continued to show rising trend as $3,089.77 million was received in the first four months (July-October) of the current fiscal year 2009-10, showing an increase of $743.78 million or 31.70 percent over the same period of

Published 12 Nov, 2009 12:00am

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 12 Nov, 2009 12:00am

0.5 million tons raw sugar import: TCP again trying to favour Dubai-based firm

Trading Corporation of Pakistan (Pvt) Ltd (TCP) is at it once again. For all intents and purposes, it appears that the 2009-10 sugar policy, approved by the Cabinet for import of 0.5 million tons raw sugar and another 0.5 million tons white sugar has come

Published 12 Nov, 2009 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 12 Nov, 2009 12:00am

0.5 million tons raw sugar import: TCP again trying to favour Dubai-based firm

Trading Corporation of Pakistan (Pvt) Ltd (TCP) is at it once again. For all intents and purposes, it appears that the 2009-10 sugar policy, approved by the Cabinet for import of 0.5 million tons raw sugar and another 0.5 million tons white sugar has come

Published 12 Nov, 2009 12:00am

MTAP and AAPP 2009 - a comprehensive showcase of engineering technology

Government of Pakistan is striving to boost competitiveness of the locally produced engineering goods in the international market. There is immense emphasis on equipping local manufacturers with the latest production techniques and mechanics to improve ef

Published 12 Nov, 2009 12:00am

0.5 million tons raw sugar import: TCP again trying to favour Dubai-based firm

Trading Corporation of Pakistan (Pvt) Ltd (TCP) is at it once again. For all intents and purposes, it appears that the 2009-10 sugar policy, approved by the Cabinet for import of 0.5 million tons raw sugar and another 0.5 million tons white sugar has come

Published 12 Nov, 2009 12:00am

Message from Director, Pegasus Consultancy (Pvt) Ltd

On behalf of the organisers, I would like to thank all the local and international exhibitors and trade delegates for their participation in the co- located shows, the 5th International Machine Tools & Automation Industry Exhibition - MTAP 2009 and the 5t

Published 12 Nov, 2009 12:00am

Imported sugar sale under study

The federal government is planning to sell the imported refined sugar in the open market to overcome the current sugar crisis, sources told Business Recorder on Wednesday. Presently, market is facing massive shortage of sugar as millers have stoppe

Published 12 Nov, 2009 12:00am

Message from Chairman & Managing Director, Pegasus Consultancy (Pvt) Limited

We are proud to organise the 5th International Machine Tools & Automation Industry Exhibition - MTAP 2009 and the 5th International Automobile, Auto Parts & Accessories Exhibition - AAPP 2009. Machine Tools and Automation industry of Pakistan has acquired

Published 12 Nov, 2009 12:00am

Imported sugar sale under study

The federal government is planning to sell the imported refined sugar in the open market to overcome the current sugar crisis, sources told Business Recorder on Wednesday. Presently, market is facing massive shortage of sugar as millers have stoppe

Published 12 Nov, 2009 12:00am

Message from Chairman, Pakistan Automobiles Spare Parts, Importers & Dealers Association

On behalf of the Pakistan Automotive Spare Parts Importers and Dealers Association (PASPIDA SINDH CIRCLE), I would like to welcome all the exhibitors and trade visitors to the 5th International Automobile, Auto Parts & Accessories Exhibition - AAPP 2009.

Published 12 Nov, 2009 12:00am

Imported sugar sale under study

The federal government is planning to sell the imported refined sugar in the open market to overcome the current sugar crisis, sources told Business Recorder on Wednesday. Presently, market is facing massive shortage of sugar as millers have stoppe

Published 12 Nov, 2009 12:00am

Message from President, Textile Machinery Manufacturers & Suppliers' Association of Pakistan

M/s Pegasus has always played a very important role in promoting the engineering sector. Once again they are organising the Auto and Auto Parts Pakistan 2009 at the Expo Centre. This exhibition will play a key role in the Engineering Industry of Pakistan.

Published 12 Nov, 2009 12:00am

Inter-ministerial meeting on ''sugar crisis'' today

Minister of Industries and Production Mian Manzoor Ahmed Wattoo has convened an inter-ministerial meeting on "sugar crisis" on Thursday after the Federal and the provincial governments'' failure to implement the Supreme Court''s decision, well-informed so

Published 12 Nov, 2009 12:00am

Message from President, Pakistan Foundry Association

It is my profound pleasure to welcome all delegates from Pakistan and abroad on behalf of Pakistan Foundry Association in the 5th International Machine Tools and Automation Exhibition with co-located 5th International Automobile, Auto parts and Accessorie

Published 12 Nov, 2009 12:00am

Inter-ministerial meeting on 'sugar crisis' today

Minister of Industries and Production Mian Manzoor Ahmed Wattoo has convened an inter-ministerial meeting on "sugar crisis" on Thursday after the Federal and the provincial governments' failure to implement the Supreme Court's decision, well-informed sour

Published 12 Nov, 2009 12:00am

Message from President KCCI

On behalf of the KCCI, I would like to welcome all exhibitors, delegations and participants in the 5th International Machine Tools & Automation Industry Exhibition - MTAP 2009 and 5th International Automobile, Auto Parts & Accessories Exhibition - AAPP 20

Published 12 Nov, 2009 12:00am

Inter-ministerial meeting on 'sugar crisis' today

Minister of Industries and Production Mian Manzoor Ahmed Wattoo has convened an inter-ministerial meeting on "sugar crisis" on Thursday after the Federal and the provincial governments' failure to implement the Supreme Court's decision, well-informed sour

Published 12 Nov, 2009 12:00am

Message from Minister of Industries & Commerce, Government of Sindh

It gives me great pleasure to learn that the International Machine Tools and Automation Industry Exhibition of Pakistan and the International Automobile, Auto Parts & Accessories Exhibition are being held for the 5th time in Karachi. It has been an endeav

Published 12 Nov, 2009 12:00am

Gilgit-Baltistan election today

All is set to hold legislative assembly election in Gilgit-Baltistan, as 7,17,286 male and female voters would utilise their right of franchise on November 12. The election is being held in 23 constituencies out of 24 and there are more than 250 candidate

Published 12 Nov, 2009 12:00am

Message from Governor of Sindh, Islamic Republic of Pakistan

It is certainly a pleasure to witness the two exhibitions, 5th International Machine Tools & Automation Industry Exhibition (MTAP) and 5th International Automobile, Auto Parts & Accessories Exhibition (AAPP), being organised from 12th - 14th November 2009

Published 12 Nov, 2009 12:00am

Gilgit-Baltistan election today

All is set to hold legislative assembly election in Gilgit-Baltistan, as 7,17,286 male and female voters would utilise their right of franchise on November 12. The election is being held in 23 constituencies out of 24 and there are more than 250 candidate

Published 12 Nov, 2009 12:00am

Leading the Exploration & Production realm of Pakistan's Oil & Gas Industry

Pakistan Oilfields Limited (POL) promoted by the Attock Oil Company Limited (AOC) was incorporated on November 25, 1950 as a Pakistani oil exploration and production Company. The Attock Oil Company had been engaged in oil exploration and production since

Published 12 Nov, 2009 12:00am

UN agency for global fast against hunger

The head of a UN food agency called on people around the world Wednesday to join him in a day of fasting to highlight the plight of undernourished people, whose ranks have surged past 1 billion in the global economic crisis. Jacques Diouf, director-genera

Published 12 Nov, 2009 12:00am

PDIL - Benchmark EPCC Company: Commissions the Manzalai Gas Processing Facility

Presson Descon International (Pvt) Limited (PDIL) is a distinguished leader in the Engineering, Procurement, Construction and Commissioning (EPCC) projects of oil & gas industry. Our services range from the supply of stand-along equipment to setting up of

Published 12 Nov, 2009 12:00am

UN agency for global fast against hunger

The head of a UN food agency called on people around the world Wednesday to join him in a day of fasting to highlight the plight of undernourished people, whose ranks have surged past 1 billion in the global economic crisis. Jacques Diouf, director-genera

Published 12 Nov, 2009 12:00am

MOL Pakistan Oil and Gas Company B.V - A Brief Introduction

MOL Group is a leading integrated oil and gas group in Central and Eastern Europe headquartered in the heart of the continent, in Budapest, Hungary. MOL Group is the market leader in each of its core activities in Hungary and Slovakia and is one of the mo

Published 12 Nov, 2009 12:00am

UN agency for global fast against hunger

The head of a UN food agency called on people around the world Wednesday to join him in a day of fasting to highlight the plight of undernourished people, whose ranks have surged past 1 billion in the global economic crisis. Jacques Diouf, director-genera

Published 12 Nov, 2009 12:00am

Message from the CEO, Presson Descon International Limited (PDIL)

It gives me immense pleasure to be a part of the inauguration of the Manzalai Central Processing Facility. This is a vital project for this country at a time when there is a developing shortage of natural gas. I would like to thank MOL Pakistan Oil and Ga

Published 12 Nov, 2009 12:00am

Gas fields, plants: government committed to provide security, says Prime Minister

Prime Minister Yousaf Raza Gilani has said that the government is fully committed to provide security to strategic assets like gas fields and plants for which foreign investors would be provided full security at any cost. Talking to media persons here on

Published 12 Nov, 2009 12:00am

Message from Managing Director/CEO, MOL Pakistan

On this historic occasion I congratulate people of Pakistan and especially people of NWFP. Ten years back MOL Pakistan had started a journey but no one could predict the ultimate success. But we had a belief in the quality of human resource, we had a beli

Published 12 Nov, 2009 12:00am

Gas fields, plants: government committed to provide security, says Prime Minister

Prime Minister Yousaf Raza Gilani has said that the government is fully committed to provide security to strategic assets like gas fields and plants for which foreign investors would be provided full security at any cost. Talking to media persons here on

Published 12 Nov, 2009 12:00am

Message from executive vice President, Exploration & Production, MOL

I present my heartiest congratulations to the people of Pakistan, MOL Pakistan and its JV partners on this important occasion of the inauguration of the Central Processing Facility (CPF) at Manzalai. It indeed is dreams come true. Since entering Pakistan

Published 12 Nov, 2009 12:00am

Gas fields, plants: government committed to provide security, says Prime Minister

Prime Minister Yousaf Raza Gilani has said that the government is fully committed to provide security to strategic assets like gas fields and plants for which foreign investors would be provided full security at any cost. Talking to media persons here on

Published 12 Nov, 2009 12:00am

Message from chief executive officer, MOL Group

I congratulate Pakistan and its people on the inauguration of Manzalai Central Processing Facility in District Karak in NWFP. Energy as you know is at the heart of any economy and we believe that with this inauguration Pakistan has taken a crucial step fo

Published 12 Nov, 2009 12:00am

CNG stations strike in Lahore region today

As many as 450 CNG stations in provincial metropolis, Sargodha, Gujrawala, Okara, and Sahiwal will remain closed till 12 pm today to protest against gas load-management plan of the government during winter and proposed raise in gas tariff from next year.

Published 12 Nov, 2009 12:00am

Message from Ambassador of the Republic of Hungary

I congratulate the people and leadership of Pakistan as well as MOL Pakistan and its JV partners on this important occasion of the inauguration of the Central Processing Facility at Manzalai in NWFP. I am delighted that MOL as an international company wit

Published 12 Nov, 2009 12:00am

CNG stations strike in Lahore region today

As many as 450 CNG stations in provincial metropolis, Sargodha, Gujrawala, Okara, and Sahiwal will remain closed till 12 pm today to protest against gas load-management plan of the government during winter and proposed raise in gas tariff from next year.

Published 12 Nov, 2009 12:00am

Message from chief minister, NWFP

I congratulate MOL on its inaugural ceremony of Manzalai Central Processing Facility in District Karak, NWFP. I must acknowledge that in a short span of time MOL has achieved its desired position and long term goals in Pakistan. Our province has huge depo

Published 12 Nov, 2009 12:00am

CNG stations strike in Lahore region today

As many as 450 CNG stations in provincial metropolis, Sargodha, Gujrawala, Okara, and Sahiwal will remain closed till 12 pm today to protest against gas load-management plan of the government during winter and proposed raise in gas tariff from next year.

Published 12 Nov, 2009 12:00am

Message from Governor, NWFP

It is a moment of great satisfaction and happiness for me to extend my congratulatory message to MOL on its inaugural ceremony of Manzalai Central Processing Facility in Distt. Karak, NWFP. Our province is blessed with countless natural resources: not onl

Published 12 Nov, 2009 12:00am

National Assembly body approves Competition Commission Ordinance

The National Assembly standing committee on finance on Wednesday unanimously approved the Competition Commission Ordinance 2007 for presentation before the Parliament. The committee meeting, chaired by Fauzia Wahab, highly appreciated the work of the CCP

Published 12 Nov, 2009 12:00am

Message from Secretary, Ministry of Petroleum & Natural Resources

The liberal policies of the present government have made it open for foreign companies to invest in energy sector. The sector is also open to potential ventures with private groups. Keeping this in mind that oil and gas sector is the moving force for prog

Published 12 Nov, 2009 12:00am

National Assembly body approves Competition Commission Ordinance

The National Assembly standing committee on finance on Wednesday unanimously approved the Competition Commission Ordinance 2007 for presentation before the Parliament. The committee meeting, chaired by Fauzia Wahab, highly appreciated the work of the CCP

Published 12 Nov, 2009 12:00am

Message from Federal Minister for Petroleum & Natural Resources

The oil and gas sector - the prime means of the economy not only support other sectors of the economy but also the social sectors. We aim to root out hunger, poverty and unemployment from the country by providing all basic facilities to people.

Published 12 Nov, 2009 12:00am

National Assembly body approves Competition Commission Ordinance

The National Assembly standing committee on finance on Wednesday unanimously approved the Competition Commission Ordinance 2007 for presentation before the Parliament. The committee meeting, chaired by Fauzia Wahab, highly appreciated the work of the CCP

Published 12 Nov, 2009 12:00am

Message from Prime Minister, Islamic Republic of Pakistan

I congratulate MOL on inaugural ceremony of Manzalai CPF in Karak. The oil and gas sector has a considerable impact on the economy of our country. The sector has attracted by far the highest level of foreign direct investments in the country, and raises s

Published 12 Nov, 2009 12:00am

If a company fails to follow CCP orders: 10-year jail term for chairman, CEO proposed

The Competition (Amendment) Bill, 2009 would empower the Competition Commission of Pakistan (CCP) to give punishment of imprisonment up to 10 years to the chairman and chief executive of a penalised company, who would fail to follow the orders of the Comm

Published 12 Nov, 2009 12:00am

Message from President, Islamic Republic of Pakistan

I congratulate MOL - one of the leading foreign producers of natural gas in NWFP, on inauguration at Manzalai CPF in Karak. Our Government takes great interest in creating opportunities for private investment in the country; specially, in the sectors that

Published 12 Nov, 2009 12:00am

If a company fails to follow CCP orders: 10-year jail term for chairman, CEO proposed

The Competition (Amendment) Bill, 2009 would empower the Competition Commission of Pakistan (CCP) to give punishment of imprisonment up to 10 years to the chairman and chief executive of a penalised company, who would fail to follow the orders of the Comm

Published 12 Nov, 2009 12:00am

Downsizing and layoff strategies

Pakistan's corporate sector in the recent past has been hit by the ripple effect of the much researched and analysed phenomenon called the Global Economic Crisis. Although the effects of this phenomenon on our corporate sector have not been as drastic as

Published 12 Nov, 2009 12:00am

If a company fails to follow CCP orders: 10-year jail term for chairman, CEO proposed

The Competition (Amendment) Bill, 2009 would empower the Competition Commission of Pakistan (CCP) to give punishment of imprisonment up to 10 years to the chairman and chief executive of a penalised company, who would fail to follow the orders of the Comm

Published 12 Nov, 2009 12:00am

'Business through generations'

Organisations are often deemed successful when they manage to achieve and improve upon their position in the industry over time. Professionalism provides resources and opportunities for businesses to not only sustain the success achieved but also to devel

Published 12 Nov, 2009 12:00am

Rehman, Wattoo, Ashraf and Mukhtar on NRO list!

The names of four ministers and some parliamentarians are being mentioned in the list of beneficiaries of the National Reconciliation Ordinance (NRO), reliable sources told Business Recorder on Wednesday. According to the sources, the names of Inte

Published 12 Nov, 2009 12:00am

In the midst of darkness...a silver lining

Scattered/interspersed between bright sunlight and pitch darkness, are many a shades of grey. Some may prefer the lesser shades of grey as represented by the setting sun, perhaps because of the promise it holds for the romantically inclined. For me, sunse

Published 12 Nov, 2009 12:00am

Rehman, Wattoo, Ashraf and Mukhtar on NRO list!

The names of four ministers and some parliamentarians are being mentioned in the list of beneficiaries of the National Reconciliation Ordinance (NRO), reliable sources told Business Recorder on Wednesday. According to the sources, the names of Inte

Published 12 Nov, 2009 12:00am

'Sales team remuneration structure - Best Practices'

In the ever changing business environment, and even more so in the wake of the current recession, the role of Sales Team has become vital for many organisations. This is especially true for businesses operating in certain industry sectors such as FMCG and

Published 12 Nov, 2009 12:00am

5,475 in Sindh benefited from NRO: prosecutors asked to provide details of beneficiaries

The Sindh government has directed the District Public Prosecutors (DPPs) to submit the details of beneficiaries of the controversial National Reconciliation Ordinance (NRO) within a week, it is learnt. According to official sources, a meeting of the publi

Published 12 Nov, 2009 12:00am

Message from Managing Director, English Biscuit Manufacturers (Pvt) Limited

It all began in the year 1967; the year which saw the advent of a biscuit company. But no clairvoyant had predicted that it would be "this" very biscuit company which would go on to become the country's leading manufacturer of biscuits and cookies. More t

Published 12 Nov, 2009 12:00am

5,475 in Sindh benefited from NRO: prosecutors asked to provide details of beneficiaries

The Sindh government has directed the District Public Prosecutors (DPPs) to submit the details of beneficiaries of the controversial National Reconciliation Ordinance (NRO) within a week, it is learnt. According to official sources, a meeting of the publi

Published 12 Nov, 2009 12:00am

Message from Director, Sidat Hyder Morshed Associates (Pvt) Limited

Once again it is an immense pleasure to host the annual Best Practices Day event 2009, which has emerged as a significant and successful event over the span of eight years. BPD provides a platform for participants to gain valuable insight into the best pr

Published 12 Nov, 2009 12:00am

Corruption in PSM: FIA halts investigations

The Federal Investigation Agency (FIA) has stopped investigation into corruption cases of Pakistan Steel Mills (PSM) owing to some political reasons. These cases are related to corruption committed during the tenure of the sacked PSM chairman Moen Aftab S

Published 12 Nov, 2009 12:00am

Message from Director, Sidat Hyder Morshed Associates (Pvt) Limited

On behalf of Sidat Hyder Morshed Associates (Pvt) Ltd, I would like to extend a warm welcome to all the sponsors, speakers and delegates who have come to attend the 8th annual Best Practices Day 2009. This year's theme is "Survive, Sustain and Succeed" an

Published 12 Nov, 2009 12:00am

Corruption in PSM: FIA halts investigations

The Federal Investigation Agency (FIA) has stopped investigation into corruption cases of Pakistan Steel Mills (PSM) owing to some political reasons. These cases are related to corruption committed during the tenure of the sacked PSM chairman Moen Aftab S

Published 12 Nov, 2009 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 120,463 tonnes of cargo including 98,129 tonnes import and 22,334 tonnes export cargo including 2,662 empty and loaded containers during last 24 hours ending at 0700 hours on Wednesday. The cargo comprised of 72,971 tonnes dry car

Published 12 Nov, 2009 12:00am

Corruption in PSM: FIA halts investigations

The Federal Investigation Agency (FIA) has stopped investigation into corruption cases of Pakistan Steel Mills (PSM) owing to some political reasons. These cases are related to corruption committed during the tenure of the sacked PSM chairman Moen Aftab S

Published 12 Nov, 2009 12:00am

Canadian canola falls

ICE Canada canola futures closed lower on Tuesday as favourable harvest weather, weaker soybean prices and a strong Canadian dollar weighed down the market, traders said. Environment Canada is forecasting mostly warm, dry weather for Prairies this week at

Published 12 Nov, 2009 12:00am

NGOs press US government on aid package

The $1.5 billion a year US aid package proposed for Pakistan has raised hackles among many US aid groups who worry that channeling big amounts of money through the country''s fragile government will backfire. US-based groups with projects in Pakistan have

Published 12 Nov, 2009 12:00am

US wheat futures up

US wheat futures closed higher on Tuesday on spillover support from rally in the corn market and on fund buying. CBOT December up 3 cents per bushel at $5.23. Funds bought 2,000 lots. KCBT December up 3-3/4 at $5.25-1/2. MGEX December $5.44-1/2, down 1-1/

Published 12 Nov, 2009 12:00am

NGOs press US government on aid package

The $1.5 billion a year US aid package proposed for Pakistan has raised hackles among many US aid groups who worry that channeling big amounts of money through the country's fragile government will backfire. US-based groups with projects in Pakistan have

Published 12 Nov, 2009 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.83
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
Nasdaq / Nov 25	18,054.84
FTSE 100 / Nov 25	8,291.68
Dow Jones / Nov 25	44,736.57
Germany DAX 30 / Nov 25	19,405.20
France CAC40 / Nov 25	7,257.47
India Sensex / Nov 26	80,083.15
Tokyo Nikkei / Nov 26	38,266.61

Item	Value
Gold 10 Grams PKR / Nov 25	244,860.20
Petrol/Litre / Nov 26	248.38
Crude Oil USD/Barrel / Nov 26	69.17
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold Spot USD/Ounce / Nov 26	2,623.04
Diesel/Litre / Nov 26	255.14

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 26 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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