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Print - 2010-03-06
SSIC alleged to have misappropriated Rs eight million

SSIC alleged to have misappropriated Rs eight million

The officials of Sindh Small Industries Corporation (SSIC) have allegedly misappropriated at least Rs 8 million meant for the development of the Small Industrial Estate (SIE) at Naushehro Feroz districts, it is reliably learnt. Interestingly, the scheme h
Published 06 Mar, 2010 12:00am
Social Security Hospital being set up in Rahimyar Khan and Sargodha

Social Security Hospital being set up in Rahimyar Khan and Sargodha

Provincial Minister for Labour and Human Resources, Muhammad Ashraf Khan Sohna has said that Social Security Hospitals are being established in Rahim Yar Khan and Sargodha. While talking to a delegation of labours here on Friday he said that they were pro
Published 06 Mar, 2010 12:00am
Philanthropists urged to play role in facilitating schools

Philanthropists urged to play role in facilitating schools

Ex-Zila Nazim Badin Kamal Khan Chang has urged upon the philanthropists especially the MNAs & MPAs to adopt neglected schools and to ensure provision of facilities and qualitative education in their respective areas.
Published 06 Mar, 2010 12:00am
Gold prices slightly fall

Gold prices slightly fall

Gold prices have reached Rs 36,000 per tola and Rs 30,857 per 10 grams on the local market, traders said on Friday. Previously the precious metal was being sold for Rs 36,070 per tola and Rs 30,917 per 10 grams. Its global price was $1137, which declined
Published 06 Mar, 2010 12:00am
The Weather

The Weather

The weather report on Friday (March 05, 2010) and the forecast for Saturday (March 06, 2010).

Published 06 Mar, 2010 12:00am
OICCI for quantitative ceiling on imports through ATT

OICCI for quantitative ceiling on imports through ATT

Overseas Investors Chamber of Commerce & Industry (OICCI) on Friday demanded imposition of a quantitative ceiling on the imports for Afghanistan through the Afghan Transit Trade (ATT). The demand was made by President OICCI, Farrukh H. Khan, during a meet
Published 06 Mar, 2010 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 Mar, 2010 12:00am
Secretaries directed to improve contacts with public representatives

Secretaries directed to improve contacts with public representatives

Punjab Chief Secretary Nasir Mahmood Khosa has directed the provincial secretaries to improve contacts with public representatives in order to solve the problems being faced by the people. He was presiding over a meeting of the Administrative Secretaries
Published 06 Mar, 2010 12:00am
'Violation of law cannot be expected in civilised society'

'Violation of law cannot be expected in civilised society'

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that acts of barbarity and inhuman torture by the police on accused is the result of absence of a proper system of accountability in the police department, lack of supervision by senior officers and
Published 06 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 06 Mar, 2010 12:00am
Punjab MNAs meet chief minister

Punjab MNAs meet chief minister

The National Assembly members belonging to various districts met Punjab Chief Minister Muhammad Shahbaz Sharif here on Friday and apprised him of the ongoing development programmes and the problems of the people of their respective areas.
Published 06 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 06 Mar, 2010 12:00am
Unilever Foods profit after tax falls to Rs 176.792 million

Unilever Foods profit after tax falls to Rs 176.792 million

The profit after tax of Unilever Pakistan Foods Limited (UPFL) has declined to Rs 176.792 million in the year ended December 31, 2009 as compared to Rs 348.546 million earned in the corresponding period in 2008. The earning per share of the company declin
Published 06 Mar, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (March 05, 2010).

Published 06 Mar, 2010 12:00am
Unilever Foods profit after tax falls to Rs 176.792 million

Unilever Foods profit after tax falls to Rs 176.792 million

The profit after tax of Unilever Pakistan Foods Limited (UPFL) has declined to Rs 176.792 million in the year ended December 31, 2009 as compared to Rs 348.546 million earned in the corresponding period in 2008. The earning per share of the company declin
Published 06 Mar, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (March 05, 2010).

Published 06 Mar, 2010 12:00am
Seerat-un-Nabi Conference

Seerat-un-Nabi Conference

Renowned religious scholar and founder of Tanzeem Islami Pakistan Dr Israr Ahmad has stated that only the religion of Islam guarantees success of humanity both in this world and the life after and the mission of advent of Islam would remain incomplete unl
Published 06 Mar, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (March 05, 2010) and for Saturday (March 06, 2010)
Published 06 Mar, 2010 12:00am
SCB's profit after tax soars to Rs 796.216 million

SCB's profit after tax soars to Rs 796.216 million

The profit after tax of Standard Chartered Bank (Pakistan) Limited has increased to Rs 796.216 million in the year ended December 31, 2009 as compared to Rs 675.522 million earned in the corresponding period in 2008. The bank's earning per share increased
Published 06 Mar, 2010 12:00am
SCB's profit after tax soars to Rs 796.216 million

SCB's profit after tax soars to Rs 796.216 million

The profit after tax of Standard Chartered Bank (Pakistan) Limited has increased to Rs 796.216 million in the year ended December 31, 2009 as compared to Rs 675.522 million earned in the corresponding period in 2008. The bank's earning per share increased
Published 06 Mar, 2010 12:00am
KBCA warns against illegal purchases

KBCA warns against illegal purchases

Karachi Building Control Authority (KBCA) has said that all constructions on plot No D-107, Block-3, Mehmoodabad, are illegal and warned citizens to avoid purchasing any property at this plot. In a release issued on Friday, KBCA said action is being taken
Published 06 Mar, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (March 05, 2010).

Published 06 Mar, 2010 12:00am
WCCI team attends exhibition in Delhi

WCCI team attends exhibition in Delhi

A 12-member delegation of Women's Chamber of Commerce and Industry (WCCI) Sindh, is attending an exhibition organised by Federation of Indian Chambers of Commerce and Industry FICCI's Ladies Organisation FLO on 5th and 6th March in New Delhi.
Published 06 Mar, 2010 12:00am
36 trade delegations sent abroad with a view to boosting exports

36 trade delegations sent abroad with a view to boosting exports

The government has organised visits of 36 trade delegations abroad during last two years to broaden the exports base and upgrade potential of country's products in different countries. Trade Development Authority of Pakistan (TDAP) arranged these visits w
Published 06 Mar, 2010 12:00am
Zulfiqar listens to complaints at chief minister Complaint Cell

Zulfiqar listens to complaints at chief minister Complaint Cell

Sindh Minister for Home and Forests, Dr Zulfiqar Ali Mirza has said that maintenance of Law and Order is on the top of priority list of PPP government and any excuse or slackness on the part of police and law enforcing agencies wouId not be tolerated.
Published 06 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 05, 2010).

Published 06 Mar, 2010 12:00am
Aurat Foundation to mark International Women Day

Aurat Foundation to mark International Women Day

Pakistan along with other members of world community will celebrate Women Day 2010 with the theme "Rights, Equal Opportunities: Progress for All," on Monday. Aurat Foundation to mark the occasion plans to hold a "Women's Assembly on Political and Constitu
Published 06 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 05, 2010).

Published 06 Mar, 2010 12:00am
Hangu blast denounced

Hangu blast denounced

NWFP Governor Owais Ahmed Ghani has strongly condemned the suicide bomb attack in District Hangu on Friday and expressed deep shock and sorrow over the loss of precious lives. He described the incident as a highly cowardly act of terrorism. "This gruesome
Published 06 Mar, 2010 12:00am
'TOO 2007 must be scrapped'

'TOO 2007 must be scrapped'

"In order to do away with the multiplicity, overlapping and over regulation of authorities regulating trade bodies, Trade Organisations Ordinance, 2007 (TOO 2007) must be scrapped as it contains many anomalies and contradictions and creates hardships in s
Published 06 Mar, 2010 12:00am
Exports to Germany increase significantly in 2008-09

Exports to Germany increase significantly in 2008-09

Over 600 Pakistani firms participated in 30 trade fairs held in Germany during the last two years. Exports to Germany, which were US $771.22 million in 2006-2007, also registered significant increase and crossed the figure of US $1 billion in 2008-2009.
Published 06 Mar, 2010 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

All-round gains were seen on the local currency market on Friday as healthier trend in the foreign exchange reserves boost the rupee to recover its gains versus dollar, exports said. On the interbank market the rupee was sharply higher versus the greenbac
Published 06 Mar, 2010 12:00am
Ibad condoles with Mubarak family

Ibad condoles with Mubarak family

Sindh Governor Dr Ishrat-ul-Ebad Khan, who is now in UAE on a private visit, has offered condolences on the sad demise of UAE's former Interior Minister Sheikh Mubarak Bin Mohammed Al-Nahyan. The Governor met Sheikh Nahyan Bin Mubarak Al-Nahyan, Minister
Published 06 Mar, 2010 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

All-round gains were seen on the local currency market on Friday as healthier trend in the foreign exchange reserves boost the rupee to recover its gains versus dollar, exports said. On the interbank market the rupee was sharply higher versus the greenbac
Published 06 Mar, 2010 12:00am
'Previous governments deprived labour of basic facilities'

'Previous governments deprived labour of basic facilities'

Sindh Minister for Labour, Ameer Nawab Khan said that providing labour with their due rights and basic facilities are included in the policy of the government. Speaking to a delegation of People's Employees Union, Cotton Export Corporation of Pakistan at
Published 06 Mar, 2010 12:00am
Tax official transferred

Tax official transferred

The Federal Board of Revenue (FBR) has transferred and posted Khawaja Shaukat Ali, a BS-21 Officer of Income Tax Group, presently posted as Chief Commissioner (Inland Revenue), Regional Tax Office, Lahore to report to FBR (HQ), Islamabad for further posti
Published 06 Mar, 2010 12:00am
Journalists repose confidence in Mushtaq's leadership

Journalists repose confidence in Mushtaq's leadership

Rawalpindi Islamabad Union of Journalists (RIUJ) and National Press Club (NPC) in a joint session held here on Friday reposed full confidence in the leadership of former President of NPC Mushtaq Minhas. The meeting strongly condemned a malicious propagand
Published 06 Mar, 2010 12:00am
Pakistan, Tajikistan: joint ventures in defence sector likely

Pakistan, Tajikistan: joint ventures in defence sector likely

Pakistan and Tajikistan have underlined the need for undertaking joint ventures in defence production sector and promoting strategic and meaningful co-operation in divergent fields of economy, trade and culture.
Published 06 Mar, 2010 12:00am
'Proposed 18th Amendment Bill will bring an end to military adventurism'

'Proposed 18th Amendment Bill will bring an end to military adventurism'

Federal Minister for Law Dr Babar Awan has said the proposed 18th Constitutional Amendment Bill, which is near finalisation, would bring an end to military adventurism, restricting courts from indemnifying military coups in future. He was speaking at the
Published 06 Mar, 2010 12:00am
Qureshi calls on Prime Minister

Qureshi calls on Prime Minister

Foreign Minister Makhdoom Shah Mehmood Qureshi on Friday called on Prime Minister Syed Yousuf Raza Gilani at PM House here this afternoon. The minister briefed the PM on various matters relating to the country's foreign policy.
Published 06 Mar, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (March 05, 2010).

Published 06 Mar, 2010 12:00am
President and Prime Minister condemn Hangu suicide attack

President and Prime Minister condemn Hangu suicide attack

President Asif Ali Zardari and Prime Minister Syed Yousuf Raza Gilani on Friday strongly condemned the suicide attack in Thal bazar in Hangu. The two leaders in their separate messages expressed their deep shock and grief over the sad incident in which se
Published 06 Mar, 2010 12:00am
Agriculture officials directed to launch campaign to support farmers

Agriculture officials directed to launch campaign to support farmers

Minister for Agriculture Punjab Ahmad Ali Aulakh has directed officials of agriculture, forests and livestock departments to launch a campaign to support farmers. He was speaking at a meeting, which was attended by the officials of agriculture, forest and
Published 06 Mar, 2010 12:00am
Aptma seeks quota-free export of cotton yarn

Aptma seeks quota-free export of cotton yarn

All Pakistan Textile Mills Association (Aptma) has urged the government to allow quota-free export of cotton yarn, otherwise, the spinning sector will be compelled to launch countrywide protest.
Published 06 Mar, 2010 12:00am
Appointment of Haris as AGP challenged

Appointment of Haris as AGP challenged

Appointment of Khawaja Haris as Advocate General Punjab (AGP) has been challenged before the Lahore High Court (LHC) through a petition filed by the Barrister Iqbal Jaferee terming it a worst case of jobbery, nepotism and favouritism. He said Haris appoin
Published 06 Mar, 2010 12:00am
Presentation

Presentation

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

Published 06 Mar, 2010 12:00am
Promotion

Promotion

Kalb-i-Abbas, Officer on Special Duty has been promoted to BS-21 in that service and upon promotion he has been posted as Additional Inspector General of Police, Punjab Elite Police Force. According to an official here on Friday, the post of DIG, Punjab E
Published 06 Mar, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Mar, 2010 12:00am
Seminar on Afro-American struggle for civil rights held

Seminar on Afro-American struggle for civil rights held

Harvard University Professor Clarence Lusane has said that United States Constitution framed in 1780's was a revolutionary document as it gave equal rights to all the citizens. However it was problematic in relation to black Americans as due to the agreem
Published 06 Mar, 2010 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 06 Mar, 2010 12:00am
Hamdard university awards degrees to 235 students

Hamdard university awards degrees to 235 students

Hamdard University on Friday awarded degrees to 235 successful students in two sessions of two-day long 14th convocation of the university. Of them, seven students topped and won gold medals. Oath taking ceremony of medical graduates and BDS graduates of
Published 06 Mar, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Mar, 2010 12:00am
Coaching centre accused of looting Rs 100 million from investors

Coaching centre accused of looting Rs 100 million from investors

The administration of Students' Inn Coaching Centre has been accused of running the fake business of investment in its educational campuses and deprived many innocent investors of Rs 100 million on the name of monthly profit. Despite, registration of FIRs
Published 06 Mar, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 06 Mar, 2010 12:00am
Police step up efforts to recover British boy

Police step up efforts to recover British boy

Pakistani police said on Friday teams were working round the clock to recover a five-year-old British boy kidnapped during a family holiday as his father begged for his son's release. Robbers snatched Sahil Saeed from his grandmother's house in Jhelum on
Published 06 Mar, 2010 12:00am
National Assembly body supports rescheduling of PIA loans

National Assembly body supports rescheduling of PIA loans

The sub-committee of NA Standing Committee on Defence met here on Friday to examine the rescheduling of loans that PIA acquired for financial support during previous government's tenure. After detailed deliberations, the sub-committee assured that they wo
Published 06 Mar, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 Mar, 2010 12:00am
Air chief calls on Prime Minister

Air chief calls on Prime Minister

Chief of the Air Staff Air Chief Marshal Rao Qamar Suleman on Friday called on Prime Minister Yusuf Raza Gilani at PM House here on Saturday and briefed him on professional matters relating to Pakistan Air Force.
Published 06 Mar, 2010 12:00am
Sindh University to celebrate International Women Day

Sindh University to celebrate International Women Day

The International Women Day will be celebrated at the University of Sindh on March 8. Various departments of the university would organise programmes to celebrate the occasion. The Institute of Women Development Studies will organise a programme on women
Published 06 Mar, 2010 12:00am
10 villagers held in kidnapping case

10 villagers held in kidnapping case

Some 10 villagers including a woman were arrested by police after a raid near Khairpur in connection with an alleged kidnapping case on Friday morning. According to detail, Naushahroferoze and Khairpur police assisted by 20 mobile raided village Soomar Ma
Published 06 Mar, 2010 12:00am
Yarn quota temporary measure: Zafar Mahmood

Yarn quota temporary measure: Zafar Mahmood

Secretary Commerce Zafar Mahmood said on Friday that imposition of quota on yarn export was a temporary measure to ensure availability of cotton yarn for local value-added textile industry.
Published 06 Mar, 2010 12:00am
Industrialists reject proposed VAT law draft

Industrialists reject proposed VAT law draft

Industrialists have completely rejected the proposed Value Added Tax (VAT) law draft on the ground that it should be implemented across the board. Former President of Karachi Chamber of Commerce and Industry (KCCI) and Advisor to Chief Minister for Invest
Published 06 Mar, 2010 12:00am
Neuro-angiography: LGH administration fails to install machine

Neuro-angiography: LGH administration fails to install machine

Despite passage of period of two and half months, the administration of Lahore General Hospital (LGH) has failed to get installed Neuro-angiography machine for the benefit of stroke patients at large. The Neuro-angiography machine was purchased for the LG
Published 06 Mar, 2010 12:00am
Gender in Education: user-friendly bibliography launched

Gender in Education: user-friendly bibliography launched

A user-friendly bibliography on "Gender in Education" was launched here on Friday in connection with International Women's Day celebrations. Led by senior officials of the Ministry of Education, the launch was attended by the Ministries of Women Developme
Published 06 Mar, 2010 12:00am
US hones message machine in Pakistan and Afghanistan

US hones message machine in Pakistan and Afghanistan

In an area where conspiracy theories are a growth industry, the Obama administration is trying to overhaul its message machine in Afghanistan and Pakistan while using new tools to fight extremism.
Published 06 Mar, 2010 12:00am
General Majid meets Gilani

General Majid meets Gilani

Chairman Joint Chiefs of Staff Committee, General Tariq Majid called on Prime Minister Syed Yusuf Raza Gilani here on Friday. He remained with the Prime Minister for some time and exchanged views on matters of national security.
Published 06 Mar, 2010 12:00am
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