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Print - 2009-11-25
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 24, 2009).

Published 25 Nov, 2009 12:00am
Prices of farms' products up

Prices of farms' products up

The whole sale dealers and retailers have pushed up prices of farms products/vegetables by more than twenty percent before Eid-ul-Azha in the provincial metropolis. House wives are buying and storing essential kitchen spices like onions, garlic, ginger, c
Published 25 Nov, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (November 24, 2009) and for Wednesday (November 25, 2009).
Published 25 Nov, 2009 12:00am
'Pakistan to enhance export to Yemen'

'Pakistan to enhance export to Yemen'

The Chief Executive, Trade Development Authority of Pakistan (TDAP), Syed Mohibullah Shah held meeting with visiting Yemeni delegation and discussed variety of matters relating to Export of Pakistani products to Yemen at TDAP Head Office, here last evenin
Published 25 Nov, 2009 12:00am
Gold prices surpass all past highs

Gold prices surpass all past highs

Surpassing all past highs, the gold prices on the local market on Tuesday reached another peak level of Rs 37,650 per tola up from Rs 37,550, traders said. The price of 10 grams gold also peaked to Rs 32,271 up from Rs 32,185. Price of gold on the global
Published 25 Nov, 2009 12:00am
Topline Securities rated second best brokerage House in Pakistan

Topline Securities rated second best brokerage House in Pakistan

Topline Securities has been ranked amongst the top brokerage firms in Pakistan, according to a survey conducted by Asiamoney magazine. In its November 2009 issue, Asiamoney according to its 20th annual Brokers Poll 2009 has ranked Topline Securities, as t
Published 25 Nov, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 24, 2009).

Published 25 Nov, 2009 12:00am
Courts' holidays

Courts' holidays

The Chief Justice, Lahore High Court, announced four holidays for Eid-ul-Azha. According to a notification issued here Tuesday, the LHC at principal seat, its benches at Multan Behawalpur and Rawalpindi and civil and sessions courts in the Punjab shall re
Published 25 Nov, 2009 12:00am
Arif Nizami's petition admitted for hearing

Arif Nizami's petition admitted for hearing

The Lahore High Court on Tuesday admitted for regular hearing a petition seeking winding up and liquidation of the Nation Publications (Private) Limited. The court, however, refused to grant any interim relief before hearing the respondents Chief Executiv
Published 25 Nov, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 24, 2009).

Published 25 Nov, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 24, 2009).

Published 25 Nov, 2009 12:00am
Vietnam ready to start negotiations on FTA

Vietnam ready to start negotiations on FTA

Vietnam is ready to start negotiations for paving the way regarding signing of Free Trade Agreement (FTA) with Pakistan while it has already signed nine agreements and memorandum of understanding (MoU) which are enough to provide a solid base for promotio
Published 25 Nov, 2009 12:00am
'Extortion mafia': KBP urges government to take notice

'Extortion mafia': KBP urges government to take notice

Central Secretary General, Kisan Board Pakistan (KBP), Malik Muhammad Ramzan has urged the Punjab government to take notice of alleged extortion mafia, active in the province especially in Muzaffargarh district, depriving the farmers of their hard earned
Published 25 Nov, 2009 12:00am
Steep rise in vegetable, fruit prices ahead of Eid criticised

Steep rise in vegetable, fruit prices ahead of Eid criticised

Prices of vegetables and fruits have increased by 30-40 percent a few days prior to Eid-ul-Azha, claimed traders in the local market. Talking to Business Recorder here on Tuesday, the traders said that price of tomato had doubled as it had gone up
Published 25 Nov, 2009 12:00am
THE RUPEE: no major change

THE RUPEE: no major change

Firmness prevailed on the money market on Tuesday as supply of dollars was steady due to healthier trend in the remittances, dealers said. On the interbank market the rupee dropped by two paisa against dollar for buying at 83.52, it did not show any movem
Published 25 Nov, 2009 12:00am
Police training school to be established in Swabi

Police training school to be established in Swabi

The NWFP Chief Minister has approved establishment of Elite Police Training School at Hund, Teshil Lahore, district Swabi, on a state land as a non-ADP scheme to improve and develop training facilities for capacity building of police personnel. The curren
Published 25 Nov, 2009 12:00am
THE RUPEE: no major change

THE RUPEE: no major change

Firmness prevailed on the money market on Tuesday as supply of dollars was steady due to healthier trend in the remittances, dealers said. On the interbank market the rupee dropped by two paisa against dollar for buying at 83.52, it did not show any movem
Published 25 Nov, 2009 12:00am
FBR takes steps to check corruption in Customs department

FBR takes steps to check corruption in Customs department

The Federal Board of Revenue (FBR) has taken important measures to check corruption in the customs department through tariff rationalisation and minimising interaction between the importers and customs clearance staff under the Pakistan Customs Computeris
Published 25 Nov, 2009 12:00am
Energy crisis: French assistance sought

Energy crisis: French assistance sought

Pakistan has paid heavy financial and human cost in the war on terror as country's economy growth is plagued by increasing incidents of terrorism, said Chaudhry Ahmad Mukhtar, Federal Minister for Defence here on Tuesday.
Published 25 Nov, 2009 12:00am
Rehman terms 'Balochistan package' a consensus document

Rehman terms 'Balochistan package' a consensus document

Federal Minister for Interior, Rehman Malik, has termed the Balochistan package as a consensus document, saying that this will help change the overall political and socio-economic conditions of the province.
Published 25 Nov, 2009 12:00am
Two killed in road accidents

Two killed in road accidents

Two persons, including a child, were killed and two others received injuries in separate road accidents on Tuesday. According to police, Bahadur Ali of village 169-EB was travelling towards the city along with Ashraf and Amanat Ali in a truck when it ramm
Published 25 Nov, 2009 12:00am
Animal prices doubled as compared to previous years: survey

Animal prices doubled as compared to previous years: survey

As Eid-ul-Azha is fast approaching, the already high price of sacrificial animals in the twin cities is becoming unaffordable for the common man. A few have started purchasing the animals, but others are waiting for the day after Eid when their price plum
Published 25 Nov, 2009 12:00am
'US committed to help Pakistan in power generation sector'

'US committed to help Pakistan in power generation sector'

US government wants to strengthen relations with the people of Pakistan and it has a firm commitment to help Pakistan in power generation sector and soon Karachi will become self-sufficient in this regard. American companies can also provide technology to
Published 25 Nov, 2009 12:00am
Business community urged to maintain unity

Business community urged to maintain unity

Business community will have to maintain unity in their ranks if they want to get their problems and issues resolved. Senator Abdul Haseeb Khan said this while addressing a meeting of Citizen Social Forum (CSF) held on Monday night. He expressed grave con
Published 25 Nov, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (November 24, 2009).

Published 25 Nov, 2009 12:00am
CCP decision: DPIS to regulate private educational institutions

CCP decision: DPIS to regulate private educational institutions

The Competition Commission of Pakistan (CCP) decision to analyse most expensive private schools and their anti-competitive behaviour has forced the Directorate of Private Institutions Sindh (DPIS) to frame a law to regulate education organisations in the
Published 25 Nov, 2009 12:00am
Lawyers', teachers' teams call on Shahbaz

Lawyers', teachers' teams call on Shahbaz

By promoting quality education, the nation could do away with its ignorance. It was unfortunate that after 62-years of independence, the nation could not fold into ideals of Quaid-e-Azam and Allama Iqbal. This was stated by Punjab Chief Minister Muhammad
Published 25 Nov, 2009 12:00am
AHBL, American Life sign agreement

AHBL, American Life sign agreement

Arif Habib Bank Limited (AHBL) and American Life Insurance Company (Pakistan) Limited (ALICO) recently entered into a bancassurance agreement, which now allows AHBL to distribute ALICO's innovative unit-linked life insurance plans to its customers.
Published 25 Nov, 2009 12:00am
Cotton yarn export: Aptma sees detrimental impact on spinning industry

Cotton yarn export: Aptma sees detrimental impact on spinning industry

While apprehending a cut in the export of cotton yarn by the government, All Pakistan Textile Mills Association (Aptma) has feared a detrimental impact on the spinning industry in case the Ministry of Textile goes with any decision like this in days to co
Published 25 Nov, 2009 12:00am
CEMB develops cotton varieties having insect resistance traits

CEMB develops cotton varieties having insect resistance traits

Centre of Excellence in Molecular Biology (CEMB), Punjab University (PU), Lahore, has successfully developed two varieties of cotton containing traits of insect resistance. It is the result of several years of research and development of CEMB.
Published 25 Nov, 2009 12:00am
Two sugar mills owners approach LHC

Two sugar mills owners approach LHC

Two sugar mills owners have approached the Lahore High Court (LHC) against the Punjab government seizing sugar from their premises beyond 30 percent limit, as settled in the Supreme Court. The petitioners, owners of Brothers Sugar Mills and Gunj Shakar Su
Published 25 Nov, 2009 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 25 Nov, 2009 12:00am
Shahbaz for revolutionary measures to develop livestock sector

Shahbaz for revolutionary measures to develop livestock sector

Chief Minister Punjab, Muhammad Shahbaz Sharif chairing a high-powered meeting on livestock dairy development here Tuesday, said that in order to develop economy of the province and well being of the farmer, it was imperative that livestock and dairy deve
Published 25 Nov, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Nov, 2009 12:00am
Anti-encroachment operation launched

Anti-encroachment operation launched

The Enforcement Directorate of Lahore Development Authority (LDA) launched an anti-encroachment operation in Moon Market, Allama Iqbal Town, on Tuesday, and confiscated eight trucks load of goods from the area that were hampering easy movement of the pede
Published 25 Nov, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Nov, 2009 12:00am
LHC bench to hear petitions against Zardari today

LHC bench to hear petitions against Zardari today

A division bench of the Lahore High Court (LHC) here on Wednesday (today) would proceed with two identical petitions against President Asif Ali Zardari for holding political office of co-chairman PPP. The bench during the last date of hearing had directed
Published 25 Nov, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 25 Nov, 2009 12:00am
CDGK employees may not get salary before Eid

CDGK employees may not get salary before Eid

Over 0.12 million employees of City District Government Karachi (CDGK) and its sub-ordinate departments are unlikely to get the advance salary before the fast-coming Eid-ul-Azha, as the City Government is facing acute shortage of funds. CDGK, which has be
Published 25 Nov, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 25 Nov, 2009 12:00am
Finance Secretary asked to resolve issue of public sector power dues

Finance Secretary asked to resolve issue of public sector power dues

The Economic Co-ordination Committee (ECC) of the Cabinet has directed Secretary, Finance, to resolve the issue of outstanding dues against all public sector entities in co-ordination with all those concerned, including Punjab government, official sources
Published 25 Nov, 2009 12:00am
DHL launches Fashion and Apparel Centre

DHL launches Fashion and Apparel Centre

DHL, the leading express and logistics company, has launched DHL Fashion and Apparel Centre of Excellence in Pakistan to facilitate trade within the region, Europe and North America. The first-of-its-kind centre in Pakistan will comprise of a core team of
Published 25 Nov, 2009 12:00am
PSO to import 3.5 million tonnes of diesel from Kuwait

PSO to import 3.5 million tonnes of diesel from Kuwait

Pakistan State Oil (PSO), the country's largest fuel supplier, will import 3.5 millions tonnes of diesel from Kuwait next year, sources in PSO said on Tuesday. "We have had a long-term contract with Kuwait Petroleum and usually import between 3.2 million
Published 25 Nov, 2009 12:00am
Scrapping CCP Ordinance may lower Pakistan's ranking in Corruption Index

Scrapping CCP Ordinance may lower Pakistan's ranking in Corruption Index

The scrapping of Competition Ordinance would not only endanger World Bank's future funding but also Friends of Pakistan Funds. It may also further lower Pakistan's ranking in Transparency International's Corruption Perception Index (CPI) 2010, according t
Published 25 Nov, 2009 12:00am
Shahbaz's efforts for rehabilitation of IDPs lauded

Shahbaz's efforts for rehabilitation of IDPs lauded

Chief Minister Punjab, Mohammad Shahbaz Sharif has played a significant role in the rehabilitation and provision of medical facilities to the IDPs of Swat. These views were expressed by the EDO (Health) Mardan, Dr Arshad Khan who came to Lahore to receive
Published 25 Nov, 2009 12:00am
Gilani and Zardari discuss Balochistan package

Gilani and Zardari discuss Balochistan package

Prime Minister Syed Yousuf Raza Gilani called on President Asif Ali Zardari at the Presidency on Tuesday and discussed the ongoing political situation. Sources said that the two leaders discussed the Balochistan package, which was presented in the Parliam
Published 25 Nov, 2009 12:00am
Forces launch major offensive in Tehsil Bara: 18 terrorists killed

Forces launch major offensive in Tehsil Bara: 18 terrorists killed

Security forces with air cover by fighter jets and helicopter gunship on Tuesday launched a major offensive against terrorists in Tehsil Bara of Khyber Agency titled as 'Khokh ba Desham' (severe punishment to rival), killing 18 terrorists and injuring man
Published 25 Nov, 2009 12:00am
White Ribbon Day celebrated

White Ribbon Day celebrated

White Ribbon Day, marking eradication of violence against women, was celebrated across Pakistan on Tuesday. Candlelight vigils were arranged to show solidarity with the women who become victims of violence, and to reiterate pledge to end the practice, Cou
Published 25 Nov, 2009 12:00am
Safe drinking water: MoU inked with US for $17.9 million project

Safe drinking water: MoU inked with US for $17.9 million project

The United States would provide $17.9 million assistance for provision of safe drinking water by installing over 6,000 water proliferation plants in every union council. The US government and the Corporate Sector Organisations signed two Memorandums of Un
Published 25 Nov, 2009 12:00am
International day for elimination of violence against women today

International day for elimination of violence against women today

Different organisations plan to celebrate the International Day for the Elimination of Violence against Women (VAW) on Wednesday. It was on December 17, 1999 that UN's General Assembly through its resolution designated November 25 as the day for eliminati
Published 25 Nov, 2009 12:00am
NRO beneficiaries: Haqqani moves LHC against inclusion of name

NRO beneficiaries: Haqqani moves LHC against inclusion of name

Pakistan Ambassador to USA Hussain Haqqani on Tuesday approached Lahore High Court, Rawalpindi Bench against inclusion of his name in the National Reconciliation Ordinance (NRO) beneficiaries list. A petition filed through Advocate Sohail Qaiser Hasan has
Published 25 Nov, 2009 12:00am
Financial crunch: telecom sector adopts 'cost-cutting measures'

Financial crunch: telecom sector adopts 'cost-cutting measures'

Owing to downfall in revenues, most of the telecom operators adopted "cost-cutting measures" during the year 2008-09 with Ufone the only exception reporting a profit while the rest landed with negative earnings. Throughout the year, the sector's financial
Published 25 Nov, 2009 12:00am
Heads of Parliamentary parties meet ahead of joint session

Heads of Parliamentary parties meet ahead of joint session

A meeting of the heads of Parliamentary parties in the Senate and National Assembly was held on Tuesday ahead of the joint sitting of both the Houses to discuss matters relating to in House business during the joint session. The meeting presided over by S
Published 25 Nov, 2009 12:00am
Around three million Muslims to begin Hajj rituals today

Around three million Muslims to begin Hajj rituals today

Around three million Muslims from all over the globe start Hajj rituals on Wednesday (today), invoking Allah Almighty's mercy and blessings during the six-day spiritual communion with the Creator. The fifth pillar of Islam, the pilgrimage, is one of the m
Published 25 Nov, 2009 12:00am