AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 211.50 Increased By ▲ 1.12 (0.53%)
BOP 9.69 Increased By ▲ 0.21 (2.22%)
CNERGY 6.39 Decreased By ▼ -0.09 (-1.39%)
DCL 8.82 Decreased By ▼ -0.14 (-1.56%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 94.42 Decreased By ▼ -2.50 (-2.58%)
FCCL 35.15 Decreased By ▼ -1.25 (-3.43%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 15.50 Increased By ▲ 0.55 (3.68%)
HUBC 127.73 Decreased By ▼ -2.96 (-2.26%)
HUMNL 13.30 Increased By ▲ 0.01 (0.08%)
KEL 5.36 Decreased By ▼ -0.14 (-2.55%)
KOSM 6.90 Decreased By ▼ -0.03 (-0.43%)
MLCF 43.25 Decreased By ▼ -1.53 (-3.42%)
NBP 59.25 Increased By ▲ 0.18 (0.3%)
OGDC 226.00 Decreased By ▼ -4.13 (-1.79%)
PAEL 38.70 Decreased By ▼ -0.59 (-1.5%)
PIBTL 8.21 Decreased By ▼ -0.10 (-1.2%)
PPL 196.00 Decreased By ▼ -4.35 (-2.17%)
PRL 38.28 Decreased By ▼ -0.60 (-1.54%)
PTC 26.18 Decreased By ▼ -0.70 (-2.6%)
SEARL 101.20 Decreased By ▼ -2.43 (-2.34%)
TELE 8.42 Decreased By ▼ -0.03 (-0.36%)
TOMCL 34.75 Decreased By ▼ -0.50 (-1.42%)
TPLP 13.15 Decreased By ▼ -0.37 (-2.74%)
TREET 25.80 Increased By ▲ 0.79 (3.16%)
TRG 69.20 Increased By ▲ 5.08 (7.92%)
UNITY 33.70 Decreased By ▼ -0.82 (-2.38%)
WTL 1.73 Decreased By ▼ -0.05 (-2.81%)
BR100 11,950 Decreased By -146.7 (-1.21%)
BR30 37,191 Decreased By -524 (-1.39%)
KSE100 111,012 Decreased By -1403.2 (-1.25%)
KSE30 34,979 Decreased By -529 (-1.49%)
Print - 2010-04-07
All untargeted textile subsidies may be abolished by June 2011

All untargeted textile subsidies may be abolished by June 2011

The federal government is expected to abolish the entire textile sector''s untargeted cash subsidies by June 30, 2011 as per the agreement with Asian Development Bank (ADB), sources close to Secretary, Economic Affairs Division (EAD), told Business Rec
Published 07 Apr, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (April 06, 2010).

Published 07 Apr, 2010 12:00am
All untargeted textile subsidies may be abolished by June 2011

All untargeted textile subsidies may be abolished by June 2011

The federal government is expected to abolish the entire textile sector's untargeted cash subsidies by June 30, 2011 as per the agreement with Asian Development Bank (ADB), sources close to Secretary, Economic Affairs Division (EAD), told Business Reco
Published 07 Apr, 2010 12:00am
All untargeted textile subsidies may be abolished by June 2011

All untargeted textile subsidies may be abolished by June 2011

The federal government is expected to abolish the entire textile sector's untargeted cash subsidies by June 30, 2011 as per the agreement with Asian Development Bank (ADB), sources close to Secretary, Economic Affairs Division (EAD), told Business Reco
Published 07 Apr, 2010 12:00am
18th Amendment: Bill approved by Cabinet

18th Amendment: Bill approved by Cabinet

The Cabinet on Tuesday unanimously approved the 18th Amendment Constitutional Bill 2010, and decided to set up a committee to oversee, and provide guidance in, framing rules required for implementation of the provisions of the bill. Sources told Busine
Published 07 Apr, 2010 12:00am
18th Amendment: Bill approved by Cabinet

18th Amendment: Bill approved by Cabinet

The Cabinet on Tuesday unanimously approved the 18th Amendment Constitutional Bill 2010, and decided to set up a committee to oversee, and provide guidance in, framing rules required for implementation of the provisions of the bill. Sources told Busine
Published 07 Apr, 2010 12:00am
18th Amendment: Bill approved by Cabinet

18th Amendment: Bill approved by Cabinet

The Cabinet on Tuesday unanimously approved the 18th Amendment Constitutional Bill 2010, and decided to set up a committee to oversee, and provide guidance in, framing rules required for implementation of the provisions of the bill. Sources told Busine
Published 07 Apr, 2010 12:00am
''LNG Mashal Project'' deal: Tarin accuses MoP of keeping ECC in dark

''LNG Mashal Project'' deal: Tarin accuses MoP of keeping ECC in dark

Former Finance Minister Shaukat Tarin has accused the Ministry of Petroleum of shady deal of LNG under ''LNG Mashal Project'' by keeping the Economic Co-ordination Committee (ECC) of the Cabinet in the dark about the bid of Vitol/Fauji Foundation. "I am r
Published 07 Apr, 2010 12:00am
'LNG Mashal Project' deal: Tarin accuses MoP of keeping ECC in dark

'LNG Mashal Project' deal: Tarin accuses MoP of keeping ECC in dark

Former Finance Minister Shaukat Tarin has accused the Ministry of Petroleum of shady deal of LNG under 'LNG Mashal Project' by keeping the Economic Co-ordination Committee (ECC) of the Cabinet in the dark about the bid of Vitol/Fauji Foundation. "I am rea
Published 07 Apr, 2010 12:00am
'LNG Mashal Project' deal: Tarin accuses MoP of keeping ECC in dark

'LNG Mashal Project' deal: Tarin accuses MoP of keeping ECC in dark

Former Finance Minister Shaukat Tarin has accused the Ministry of Petroleum of shady deal of LNG under 'LNG Mashal Project' by keeping the Economic Co-ordination Committee (ECC) of the Cabinet in the dark about the bid of Vitol/Fauji Foundation. "I am rea
Published 07 Apr, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (April 06, 2010).

Published 07 Apr, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (April 06, 2010).
Published 07 Apr, 2010 12:00am
BRIndex30 down by 56.47 points

BRIndex30 down by 56.47 points

On Tuesday, BRIndex30 touched an intraday high of 8,906.73 and an intraday low of 8,756.99 and closed at 8,769.37, which is -56.47 points lower than yesterday's close. Total volume was 198,682,587, as compared to volumes of KSE All Share and KSE100, which
Published 07 Apr, 2010 12:00am
BRIndex30 down by 56.47 points

BRIndex30 down by 56.47 points

On Tuesday, BRIndex30 touched an intraday high of 8,906.73 and an intraday low of 8,756.99 and closed at 8,769.37, which is -56.47 points lower than yesterday's close. Total volume was 198,682,587, as compared to volumes of KSE All Share and KSE100, which
Published 07 Apr, 2010 12:00am
Bill buying rates per unit of currency

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 Tuesday (April 06, 2010).

Published 07 Apr, 2010 12:00am
Index down 28.02 points

Index down 28.02 points

The Karachi share market on Tuesday opened on a positive note and the KSE-100 index hit 20-month high of 10,554.02 points, up 106.18 points, on the back of continuing interest of foreign investors. However, after mid-session the investors opted profit tak
Published 07 Apr, 2010 12:00am
Index down 28.02 points

Index down 28.02 points

The Karachi share market on Tuesday opened on a positive note and the KSE-100 index hit 20-month high of 10,554.02 points, up 106.18 points, on the back of continuing interest of foreign investors. However, after mid-session the investors opted profit tak
Published 07 Apr, 2010 12:00am
Index down 28.02 points

Index down 28.02 points

The Karachi share market on Tuesday opened on a positive note and the KSE-100 index hit 20-month high of 10,554.02 points, up 106.18 points, on the back of continuing interest of foreign investors. However, after mid-session the investors opted profit tak
Published 07 Apr, 2010 12:00am
Suspicious transactions: Banks/DFIs told to provide information to LEAs

Suspicious transactions: Banks/DFIs told to provide information to LEAs

The State Bank of Pakistan has directed banks and development finance institutions (DFIs) to cooperate with law enforcement agencies through timely supply of information under a new paragraph (4) incorporated in Regulation M-3 of Prudential Regulations fo
Published 07 Apr, 2010 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (April 06, 2010).

Published 07 Apr, 2010 12:00am
Suspicious transactions: Banks/DFIs told to provide information to LEAs

Suspicious transactions: Banks/DFIs told to provide information to LEAs

The State Bank of Pakistan has directed banks and development finance institutions (DFIs) to cooperate with law enforcement agencies through timely supply of information under a new paragraph (4) incorporated in Regulation M-3 of Prudential Regulations fo
Published 07 Apr, 2010 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (April 06, 2010).

Published 07 Apr, 2010 12:00am
Suspicious transactions: Banks/DFIs told to provide information to LEAs

Suspicious transactions: Banks/DFIs told to provide information to LEAs

The State Bank of Pakistan has directed banks and development finance institutions (DFIs) to cooperate with law enforcement agencies through timely supply of information under a new paragraph (4) incorporated in Regulation M-3 of Prudential Regulations fo
Published 07 Apr, 2010 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (April 06, 2010).

Published 07 Apr, 2010 12:00am
Barclays bid rates and maximum rates for payment of interest

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 07 Apr, 2010 12:00am
State Bank of Pakistan conversion rates

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 07 Apr, 2010 12:00am
Circular debt increases to Rs 115 billion

Circular debt increases to Rs 115 billion

Total amount of circular debt has increased to Rs 115 billion as no major payments have been made by the government during the first quarter of year 2010. "Although the issue of circular debt had been once resolved by the government through issuance of te
Published 07 Apr, 2010 12:00am
New York cotton

New York cotton

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

Published 07 Apr, 2010 12:00am
Circular debt increases to Rs 115 billion

Circular debt increases to Rs 115 billion

Total amount of circular debt has increased to Rs 115 billion as no major payments have been made by the government during the first quarter of year 2010. "Although the issue of circular debt had been once resolved by the government through issuance of te
Published 07 Apr, 2010 12:00am
New York cotton

New York cotton

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

Published 07 Apr, 2010 12:00am
Circular debt increases to Rs 115 billion

Circular debt increases to Rs 115 billion

Total amount of circular debt has increased to Rs 115 billion as no major payments have been made by the government during the first quarter of year 2010. "Although the issue of circular debt had been once resolved by the government through issuance of te
Published 07 Apr, 2010 12:00am
Pakistan ranked third in riskiest debt table

Pakistan ranked third in riskiest debt table

Venezuela is deemed to be the world''s riskiest sovereign credit while Greece is creeping up the table of countries whose debt is the costliest to insure, credit default swap monitor CDS DataVision said on Tuesday. Argentina has moved into second place in
Published 07 Apr, 2010 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 133,850 tonnes of cargo including 78,219 tonnes of import cargo; 55,631 tonnes of export cargo and 5,505 loaded and empty containers during last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 78,219 tonnes comp
Published 07 Apr, 2010 12:00am
Pakistan ranked third in riskiest debt table

Pakistan ranked third in riskiest debt table

Venezuela is deemed to be the world's riskiest sovereign credit while Greece is creeping up the table of countries whose debt is the costliest to insure, credit default swap monitor CDS DataVision said on Tuesday. Argentina has moved into second place in
Published 07 Apr, 2010 12:00am
Ivory Coast cocoa arrivals down

Ivory Coast cocoa arrivals down

Cocoa arrivals at ports in top grower Ivory Coast reached 881,311 tonnes by March 31, down from 893,513 tonnes in the same period a year ago, according to data from the Coffee and Cocoa Bourse (BCC) obtained by Reuters on Tuesday. The figures showed 3,644
Published 07 Apr, 2010 12:00am
Pakistan ranked third in riskiest debt table

Pakistan ranked third in riskiest debt table

Venezuela is deemed to be the world's riskiest sovereign credit while Greece is creeping up the table of countries whose debt is the costliest to insure, credit default swap monitor CDS DataVision said on Tuesday. Argentina has moved into second place in
Published 07 Apr, 2010 12:00am
Canadian canola futures mostly down

Canadian canola futures mostly down

ICE Canadian canola futures closed mostly lower on Monday, weighed down by the Canadian dollar's move toward parity with the US currency and weaker soybean futures, traders said. Lack of farmer selling seen underpinning market; exporters buying despite ri
Published 07 Apr, 2010 12:00am
China and Argentine soyaoil row temporary: Oil World

China and Argentine soyaoil row temporary: Oil World

Any Chinese import restrictions on Argentine soyaoil are likely to be temporary because of a lack of alternative supplies, Hamburg-based oilseeds analysts Oil World forecast on Tuesday. Chinese traders said on Mar. 31 that the Chinese government had asked
Published 07 Apr, 2010 12:00am
Global soyabean, meal prices likely to fall

Global soyabean, meal prices likely to fall

Global soyabean and meal prices are likely to come under pressure in the near to medium term, Hamburg-based oilseeds analysts Oil World forecast on Tuesday. The end of the strike by Argentine port workers was likely to raise shipments of soyabeans and pro
Published 07 Apr, 2010 12:00am
Indonesian cocoa exporters seek to rework contracts

Indonesian cocoa exporters seek to rework contracts

Indonesian cocoa exporters are seeking to renegotiate supply pacts with overseas buyers after the government slapped an export tax on the commodity in April, the Indonesia Cocoa Association said on Tuesday. Cocoa trading in Makassar, home of the biggest p
Published 07 Apr, 2010 12:00am
Sugar import: TCP expected to scrap contract

Sugar import: TCP expected to scrap contract

Trading Corporation of Pakistan (TCP) has refused to grant an extension to Sadan General Trading Corporation LLC(SGT) in contracted sugar delivery time and is expected to scrap the contract with the firm on Wednesday (today), well-informed sources told <i
Published 07 Apr, 2010 12:00am
US corn export premiums firm

US corn export premiums firm

US corn export premiums at the Gulf of Mexico were firm on Monday due to a modest increase in demand after a recent drop in prices, traders said. US wheat export premiums were flat on Monday, despite talk that Iraq may have purchased some US wheat in its
Published 07 Apr, 2010 12:00am
Sugar import: TCP expected to scrap contract

Sugar import: TCP expected to scrap contract

Trading Corporation of Pakistan (TCP) has refused to grant an extension to Sadan General Trading Corporation LLC(SGT) in contracted sugar delivery time and is expected to scrap the contract with the firm on Wednesday (today), well-informed sources told <i
Published 07 Apr, 2010 12:00am
Vietnamese coffee prices slightly higher

Vietnamese coffee prices slightly higher

Vietnamese coffee prices edged up slightly on Tuesday, drawing support from New York arabica gains with the London robusta market closed for a holiday and news of a new wave of domestic market defaults, traders said. Robusta beans stood at 24.5-25.0 milli
Published 07 Apr, 2010 12:00am
Sugar import: TCP expected to scrap contract

Sugar import: TCP expected to scrap contract

Trading Corporation of Pakistan (TCP) has refused to grant an extension to Sadan General Trading Corporation LLC(SGT) in contracted sugar delivery time and is expected to scrap the contract with the firm on Wednesday (today), well-informed sources told <i
Published 07 Apr, 2010 12:00am
Oil cake market rates

Oil cake market rates

The May vaida was unchanged and the July contract was down on the forward cottonseed oilcake market on Tuesday as buyers were not so much interested in fresh deals in anticipation of decline in the rates, dealers said. The May contract had ended at Rs 997
Published 07 Apr, 2010 12:00am
Pakistan has no concern about war crimes trial in Bangladesh

Pakistan has no concern about war crimes trial in Bangladesh

Pakistan High Commissioner Ashraf Qureshi on Tuesday said Islamabad has not made any formal statement about the trial of war criminals in Bangladesh. "It is the guess work of the media that reports Pakistan is opposed to the trial," he said. The issue of
Published 07 Apr, 2010 12:00am
Prices remain firm amid tight supplies on cotton market

Prices remain firm amid tight supplies on cotton market

Firmness prevailed on the cotton market on Tuesday as most of the buyers were sidelined due to tight supplies, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 5,550, dealers said. In the ready business, over 3000
Published 07 Apr, 2010 12:00am
Bodies of nine Mumbai gunmen buried secretly in January

Bodies of nine Mumbai gunmen buried secretly in January

The bodies of nine of the 10 Pakistani gunmen from the 2008 Mumbai attack were buried in a secret location in January, a top state official said on Tuesday. The badly decomposed bodies had been lying in the mortuary of a hospital in Mumbai after clerics i
Published 07 Apr, 2010 12:00am
Grams, urad prices sharply up on grain market

Grams, urad prices sharply up on grain market

Grams prices were higher on the wholesale grain and oilseed market on Tuesday in process of tight supplies, dealers said. On the gram side, gram 50x50 low type was up by Rs 350 to Rs 4200 and good type was higher by Rs 300 to Rs 300 to Rs 4450. Gram dal p
Published 07 Apr, 2010 12:00am
Bodies of nine Mumbai gunmen buried secretly in January

Bodies of nine Mumbai gunmen buried secretly in January

The bodies of nine of the 10 Pakistani gunmen from the 2008 Mumbai attack were buried in a secret location in January, a top state official said on Tuesday. The badly decomposed bodies had been lying in the mortuary of a hospital in Mumbai after clerics i
Published 07 Apr, 2010 12:00am
US copper jumps to 20-month peak

US copper jumps to 20-month peak

US copper futures climbed to a fresh 20-month peak on Monday morning, as economic recovery optimism carried through from the long holiday weekend after government data on Friday showed the economy added the largest number of jobs in three years. New York
Published 07 Apr, 2010 12:00am
NBP moves to implement Basel II

NBP moves to implement Basel II

National Bank of Pakistan (NBP) has partnered AF Ferguson & Co (PWC), the leading firm in providing Basel-II advisory services, in its pursuit to strengthen risk management in NBP. The relationship is a landmark as the largest bank in Pakistan has joined
Published 07 Apr, 2010 12:00am
Shanghai copper rises

Shanghai copper rises

London copper futures rallied above $8,000 a tonne to their highest since August 2008 on Tuesday after a four-day weekend. Three-month copper on the London Metal Exchange rose around 1.5 percent on Tuesday to touch $8,009.75, its highest since August 2008
Published 07 Apr, 2010 12:00am
All stakeholders on the same page: Prime Minister

All stakeholders on the same page: Prime Minister

"The Constitution (Eighteenth Amendment) Bill, 2010" has been laid before the National Assembly without any delay for debate to restore. Adviser to Prime Minister and Chairman of Parliamentary Committee on Constitutional Reforms (PCCR) Mian Raza Rabbani T
Published 07 Apr, 2010 12:00am
US palladium above $500; gold higher

US palladium above $500; gold higher

US palladium and platinum futures rose to their highest since 2008 on Monday on strong demand based on an improved auto-sector outlook, and gold contracts hit a 2-1/2 week high in thin post-holiday trade. COMEX June settled up $7.70 at $1,133.80 an ounce.
Published 07 Apr, 2010 12:00am
All stakeholders on the same page: Prime Minister

All stakeholders on the same page: Prime Minister

"The Constitution (Eighteenth Amendment) Bill, 2010" has been laid before the National Assembly without any delay for debate to restore. Adviser to Prime Minister and Chairman of Parliamentary Committee on Constitutional Reforms (PCCR) Mian Raza Rabbani T
Published 07 Apr, 2010 12:00am
Gold slides, palladium just below two-year high

Gold slides, palladium just below two-year high

Gold fell on Tuesday from a four-week high hit in the previous session, while palladium flirted with $500 an ounce as a firmer US dollar kept the metal just below Monday's two-year high. Spot gold was at $1,128.20 an ounce by 0556 GMT, down $1.50 from New
Published 07 Apr, 2010 12:00am
Iraq buys 500,000 tonnes of wheat

Iraq buys 500,000 tonnes of wheat

Iraq has bought around 500,000 tonnes of Russian, Canadian and US wheat, Middle East trade sources said on Tuesday. The breakdown of the purchase is said to include 300,000 tonnes of Russian wheat, 150,000 tonnes of Canadian origin and 50,000 tonnes of US
Published 07 Apr, 2010 12:00am
Indian wheat stocks swell, diplomatic deals likely

Indian wheat stocks swell, diplomatic deals likely

India's wheat stocks on April 1, the start of the new harvest, were four times the target, raising prospects of more exportss through diplomatic channels Analysts believe the Indian government, battling high food prices, won't lift a ban on wheat exports
Published 07 Apr, 2010 12:00am
Australia blocks shipment to Pakistan over weapons fears

Australia blocks shipment to Pakistan over weapons fears

Australia has blocked a shipment of scientific equipment to Pakistan over fears it could be used to help build weapons of mass destruction, a spokesman for Defence Minister John Faulkner said on Tuesday. The government used the 1995 Weapons of Mass Destru
Published 07 Apr, 2010 12:00am
Rain tempts Australian farmers to plant more wheat

Rain tempts Australian farmers to plant more wheat

Australian farmers are expected to make only a modest expansion in wheat plantings this year, despite good recent rains, as weak global prices persuade them to hedge their bets and plant more canola as well. Wheat farmers are due to start sowing fields la
Published 07 Apr, 2010 12:00am
Australia blocks shipment to Pakistan over weapons fears

Australia blocks shipment to Pakistan over weapons fears

Australia has blocked a shipment of scientific equipment to Pakistan over fears it could be used to help build weapons of mass destruction, a spokesman for Defence Minister John Faulkner said on Tuesday. The government used the 1995 Weapons of Mass Destru
Published 07 Apr, 2010 12:00am
Tokyo rubber futures off 20-month high

Tokyo rubber futures off 20-month high

The most active Tokyo rubber futures contract rallied to a 20-month high on Tuesday before slipping as the yen's strength weighed and oil weakened, but tight physical supply kept support intact. The September contract on the Tokyo Commodity Exchange rose
Published 07 Apr, 2010 12:00am
''Stair'' to help check huge tax gap under IRS: FBR

''Stair'' to help check huge tax gap under IRS: FBR

The Federal Board of Revenue is planning to equip the Inland Revenue Services (IRS) management with an integrated domestic taxes technology using state of the art system ie System Transparent Analysis of Inland Revenue (Stair) for checking huge gap in inc
Published 07 Apr, 2010 12:00am
New York sugar finishes down

New York sugar finishes down

Raw sugar futures settled lower Monday on selling after the holiday break as players mulled the direction of the sweetener in the second quarter of 2010 after a volatile first quarter, brokers said. The market was closed Friday for a holiday. The May raw
Published 07 Apr, 2010 12:00am
'Stair' to help check huge tax gap under IRS: FBR

'Stair' to help check huge tax gap under IRS: FBR

The Federal Board of Revenue is planning to equip the Inland Revenue Services (IRS) management with an integrated domestic taxes technology using state of the art system ie System Transparent Analysis of Inland Revenue (Stair) for checking huge gap in inc
Published 07 Apr, 2010 12:00am
US soyabean futures drop

US soyabean futures drop

US soyabean futures on the Chicago Board of Trade fell less than 1 percent on Monday amid ongoing pressure from expectations for a record South American soya harvest and world supplies to build, traders said. But trade quiet after the long holiday weekend
Published 07 Apr, 2010 12:00am
'Stair' to help check huge tax gap under IRS: FBR

'Stair' to help check huge tax gap under IRS: FBR

The Federal Board of Revenue is planning to equip the Inland Revenue Services (IRS) management with an integrated domestic taxes technology using state of the art system ie System Transparent Analysis of Inland Revenue (Stair) for checking huge gap in inc
Published 07 Apr, 2010 12:00am
Malaysian palm oil dips

Malaysian palm oil dips

Malaysia palm oil futures fell on Tuesday as the stronger ringgit and reports of higher production last month weighed on sentiment. The benchmark June crude palm oil contract on the Bursa Malaysia Derivatives Exchange ended down 0.4 percent at 2,520 ringg
Published 07 Apr, 2010 12:00am
Import of second hand machinery: SBP extends LTFF facility till June 30

Import of second hand machinery: SBP extends LTFF facility till June 30

The State Bank of Pakistan has decided that letters of credit (LCs) for import of second-hand machinery established up to June 30, 2010 will also be eligible for refinancing under the Long Term Financing Facility (LTFF) Scheme, according to SMEFD circular
Published 07 Apr, 2010 12:00am
Egypt sells 200 tonnes of cotton

Egypt sells 200 tonnes of cotton

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 200 tonnes of Giza 86 cotton in the week that ended on April 3, an Alcotexa official told Reuters on Tuesday. The deal brings Alcotexa's export commitments for the 2009/10 seaso
Published 07 Apr, 2010 12:00am
Import of second hand machinery: SBP extends LTFF facility till June 30

Import of second hand machinery: SBP extends LTFF facility till June 30

The State Bank of Pakistan has decided that letters of credit (LCs) for import of second-hand machinery established up to June 30, 2010 will also be eligible for refinancing under the Long Term Financing Facility (LTFF) Scheme, according to SMEFD circular
Published 07 Apr, 2010 12:00am