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Print - 2010-08-20
Efforts to provide medical aid to flood victims intensified

Efforts to provide medical aid to flood victims intensified

In the wake of situation arising out due to floods, Secretary Health Punjab has restrained the health authorities across the province from allowing any kind of leave to their subordinate staff, including doctors and para-medical staff.
Published 20 Aug, 2010 12:00am
Relief activities continue

Relief activities continue

Flood relief camps on behalf of various political parties, NGOs and traders organisations remained active on Thursday amidst rains for onward supply to the flood affected people across the country. The floods have caused huge devastation throughout the co
Published 20 Aug, 2010 12:00am
FWBL donates Rs five million to Prime Minister's fund

FWBL donates Rs five million to Prime Minister's fund

First Women Bank Ltd (FWBL) donated Rs 5 million to Prime Minister's flood relief fund. Shafqat Sultana President FWBL presented a cheque to the Prime Minister Syed Yousuf Raza Gilani.
Published 20 Aug, 2010 12:00am
Unilever commits one million euros

Unilever commits one million euros

Unilever has committed 1 million euros ($1.28 million, Rs 113 million) towards flood relief and rehabilitation in Pakistan. It will be channelled through five leading NGOs - World Food Programme, Unicef, Oxfam, Save the Children Fund and Population Servic
Published 20 Aug, 2010 12:00am
Uzbekistan donates 40 tons of relief goods

Uzbekistan donates 40 tons of relief goods

Uzbekistan will give 40 tons of relief goods to Pakistan government for the flood victims. The aid will be delivered by Uzbek transport aircraft, containing tents (for 12 persons), blankets, drinking water, medicines, flour, rice, canned baby food, adults
Published 20 Aug, 2010 12:00am
Fresh flood submerges Jaffarabad

Fresh flood submerges Jaffarabad

After a wide breach in Tori embankment along Indus River and breaches at three points in Begari canal has caused entrance of fresh flood of 80,000 cusecs into district Jaffarabad, inundating it by 10 to 12 feet. On Thursday, hundreds of thousands of peopl
Published 20 Aug, 2010 12:00am
LPG marketing companies announce ex-plant prices

LPG marketing companies announce ex-plant prices

Lub Gas (Private) Limited and Mehran LPG (Private) Limited has announced that Ex-Plant LPG price in Punjab is Rs 77.12 per kg, while in Khyber Pakhtoonkwah/ Fata/AJK is Rs 77.12 per kg and in Sindh price of LPG is Rs 71.19 per kg.
Published 20 Aug, 2010 12:00am
Blast in Bannu injures 12 people

Blast in Bannu injures 12 people

A powerful blast ripped through Preety Gate area on Thursday injuring 12 people, four of them critically. The blast occurred at 9:30 am in the morning when an unidentified man left a shopping bag at Preety Gate, which blew off with a big bang and wounded
Published 20 Aug, 2010 12:00am
The Weather

The Weather

The weather report on Thursday (August 19, 2010) and the forecast for Friday (August 20, 2010).

Published 20 Aug, 2010 12:00am
Pakistan's stability faces new hurdle: 20 million displaced

Pakistan's stability faces new hurdle: 20 million displaced

As Pakistan continues to battle ravaging floods and struggles for relief funds from foreign donors, it is also in a fight for the hearts and minds of its citizens. Never a place of rock-solid political stability, the recent uprooting of 20 million civilia
Published 20 Aug, 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 20 Aug, 2010 12:00am
Erra completes 6,000 projects in quake-hit areas

Erra completes 6,000 projects in quake-hit areas

Earthquake Rehabilitation and Reconstruction Authority (Erra) has completed 6,000 projects in areas afffected by earthquake in 2005 Talking to newsmen here on Thursday, Erra spokesman Shazia Haris said that Erra rural housing project short-listed as the w
Published 20 Aug, 2010 12:00am
Port Security Force: Is it safe while off duty?

Port Security Force: Is it safe while off duty?

It is no more easy and safe for the mariners and Port Security Force (PSF) to perform duty at the Karachi Port. It, indeed, was not so dangerous for a Keamari based port security personnel to discharge his duty fearlessly at the country's largest seaport
Published 20 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 20 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 20 Aug, 2010 12:00am
Registered persons may file refund claim through FBR Web-Portal

Registered persons may file refund claim through FBR Web-Portal

The Federal Board of Revenue (FBR) has given an option to all registered persons, including manufacturer-cum-exporters and commercial exporters to file refund claim through the FBR Web-Portal. Previously, the facility for obtaining sales tax refund under
Published 20 Aug, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
Dates export mark set at 0.1 million tons

Dates export mark set at 0.1 million tons

The mark set for the export of dates during the current fiscal year is 0.1 million tons, provided the commodity is saved from the flash floods in the country, Business Recorder learnt Thursday. Pakistan is the second largest exporter of dates in th
Published 20 Aug, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
SBP to demonetise old banknotes of Rs 500 from October 1, 2011

SBP to demonetise old banknotes of Rs 500 from October 1, 2011

The State Bank of Pakistan is to demonetise old banknotes of Rs 500 from October 1, 2011, after formal approval by the federal Cabinet, official sources in the Finance Ministry told Business Recorder. In terms of section 24 of SBP Act 1956 the SBP
Published 20 Aug, 2010 12:00am
World ramps up flood aid

World ramps up flood aid

The world ramped up assistance to flood-ravaged Pakistan on Thursday three weeks after the crisis began, and US Senator John Kerry said Washington did not want Islamist extremists to come out of the disaster stronger. The US, Germany and Saudi Arabia all
Published 20 Aug, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
Sexual harassment

Sexual harassment

A woman, First Officer Annila Haroon has accused First Officer Farrukh Bhatti of sexual harassment. Bhatti was summoned by the Women Protection Committee (WPC) of PIA on Tuesday to record his statement. He may face strict disciplinary action by the manage
Published 20 Aug, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
THE RUPEE: marginal change

THE RUPEE: marginal change

Firmness prevailed on the currency market on Thursday as mostly the rupee retained its overnight levels versus the US currency, dealers said. On the interbank market the rupee shed two paisa at 85.62 versus dollar for buying and by one paisa for selling a
Published 20 Aug, 2010 12:00am
Registration of Geographical Indications at a standstill

Registration of Geographical Indications at a standstill

The registration of Geographical Indications (GI) in the country is at standstill because of inability of the Trade Marks Registry to process GI applications filed two years earlier, well-informed sources told Business Recorder. This complacency is
Published 20 Aug, 2010 12:00am
THE RUPEE: marginal change

THE RUPEE: marginal change

Firmness prevailed on the currency market on Thursday as mostly the rupee retained its overnight levels versus the US currency, dealers said. On the interbank market the rupee shed two paisa at 85.62 versus dollar for buying and by one paisa for selling a
Published 20 Aug, 2010 12:00am
Registration of Geographical Indications at a standstill

Registration of Geographical Indications at a standstill

The registration of Geographical Indications (GI) in the country is at standstill because of inability of the Trade Marks Registry to process GI applications filed two years earlier, well-informed sources told Business Recorder. This complacency is
Published 20 Aug, 2010 12:00am
Registration of Geographical Indications at a standstill

Registration of Geographical Indications at a standstill

The registration of Geographical Indications (GI) in the country is at standstill because of inability of the Trade Marks Registry to process GI applications filed two years earlier, well-informed sources told Business Recorder. This complacency is
Published 20 Aug, 2010 12:00am
NPLs hit record level of Rs 473 billion

NPLs hit record level of Rs 473 billion

The Non Performing Loans (NPLs) of banking system rose to historic level of Rs 473 billion by June-end because of higher interest rate, economic slowdown, high cost of production and brownouts. The State Bank of Pakistan on Thursday revealed that an incre
Published 20 Aug, 2010 12:00am
NPLs hit record level of Rs 473 billion

NPLs hit record level of Rs 473 billion

The Non Performing Loans (NPLs) of banking system rose to historic level of Rs 473 billion by June-end because of higher interest rate, economic slowdown, high cost of production and brownouts. The State Bank of Pakistan on Thursday revealed that an incre
Published 20 Aug, 2010 12:00am
NPLs hit record level of Rs 473 billion

NPLs hit record level of Rs 473 billion

The Non Performing Loans (NPLs) of banking system rose to historic level of Rs 473 billion by June-end because of higher interest rate, economic slowdown, high cost of production and brownouts. The State Bank of Pakistan on Thursday revealed that an incre
Published 20 Aug, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (August 19, 2010).

Published 20 Aug, 2010 12:00am
IFRC quadruples aid appeal to $74 million

IFRC quadruples aid appeal to $74 million

The International Federation of Red Cross and Red Crescent Societies has quadrupled its aid appeal for Pakistan to US$73.6 million. The Geneva-based grouping of national Red Cross chapters says the additional funds are needed to meet growing humanitarian
Published 20 Aug, 2010 12:00am
IFRC quadruples aid appeal to $74 million

IFRC quadruples aid appeal to $74 million

The International Federation of Red Cross and Red Crescent Societies has quadrupled its aid appeal for Pakistan to US$73.6 million. The Geneva-based grouping of national Red Cross chapters says the additional funds are needed to meet growing humanitarian
Published 20 Aug, 2010 12:00am
Ministry seeks to appoint ineligible officer as CPPA CEO

Ministry seeks to appoint ineligible officer as CPPA CEO

The Ministry of Water and Power is reportedly engaged in tactical manoeuvring to appoint an ineligible officer to the coveted post of Chief Executive Office (CEO) of Central Power Purchasing Agency (CPPA), well-informed sources in the Ministry told Bus
Published 20 Aug, 2010 12:00am
Ministry seeks to appoint ineligible officer as CPPA CEO

Ministry seeks to appoint ineligible officer as CPPA CEO

The Ministry of Water and Power is reportedly engaged in tactical manoeuvring to appoint an ineligible officer to the coveted post of Chief Executive Office (CEO) of Central Power Purchasing Agency (CPPA), well-informed sources in the Ministry told Bus
Published 20 Aug, 2010 12:00am
Ministry seeks to appoint ineligible officer as CPPA CEO

Ministry seeks to appoint ineligible officer as CPPA CEO

The Ministry of Water and Power is reportedly engaged in tactical manoeuvring to appoint an ineligible officer to the coveted post of Chief Executive Office (CEO) of Central Power Purchasing Agency (CPPA), well-informed sources in the Ministry told Bus
Published 20 Aug, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Aug, 2010 12:00am
President urges nation to offer special prayers

President urges nation to offer special prayers

President Asif Ali Zardari has appealed to the nation to offer special prayers before Allah Almighty after Juma prayers for ending of the spell of heavy rain fall and steer us from this crisis. He said the rains and floods have caused colossal loss of liv
Published 20 Aug, 2010 12:00am
Board meetings in progress

Board meetings in progress

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

Published 20 Aug, 2010 12:00am
President urges nation to offer special prayers

President urges nation to offer special prayers

President Asif Ali Zardari has appealed to the nation to offer special prayers before Allah Almighty after Juma prayers for ending of the spell of heavy rain fall and steer us from this crisis. He said the rains and floods have caused colossal loss of liv
Published 20 Aug, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Aug, 2010 12:00am
DGI&I to conduct probe against 20 ST officials

DGI&I to conduct probe against 20 ST officials

Directorate of Intelligence and Investigation (DGI&I) FBR, Karachi has decided to conduct inquiries against those 20 officials of the Sales Tax (ST) department who are allegedly involved in a huge ST refund scam involving 102 registered units, Business
Published 20 Aug, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 20 Aug, 2010 12:00am
DGI&I to conduct probe against 20 ST officials

DGI&I to conduct probe against 20 ST officials

Directorate of Intelligence and Investigation (DGI&I) FBR, Karachi has decided to conduct inquiries against those 20 officials of the Sales Tax (ST) department who are allegedly involved in a huge ST refund scam involving 102 registered units, Business
Published 20 Aug, 2010 12:00am
DGI&I to conduct probe against 20 ST officials

DGI&I to conduct probe against 20 ST officials

Directorate of Intelligence and Investigation (DGI&I) FBR, Karachi has decided to conduct inquiries against those 20 officials of the Sales Tax (ST) department who are allegedly involved in a huge ST refund scam involving 102 registered units, Business
Published 20 Aug, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 20 Aug, 2010 12:00am
Customs duty on goods'' import: FBR revises primary method of valuation

Customs duty on goods'' import: FBR revises primary method of valuation

The Federal Board of Revenue (FBR) has revised the primary method of valuation of customs duty on the import of goods to determine the authentic price of the items under the valuation process. The board has amended the Customs Rules, 2001 through an SRO(I
Published 20 Aug, 2010 12:00am
Customs duty on goods' import: FBR revises primary method of valuation

Customs duty on goods' import: FBR revises primary method of valuation

The Federal Board of Revenue (FBR) has revised the primary method of valuation of customs duty on the import of goods to determine the authentic price of the items under the valuation process. The board has amended the Customs Rules, 2001 through an SRO(I
Published 20 Aug, 2010 12:00am
Customs duty on goods' import: FBR revises primary method of valuation

Customs duty on goods' import: FBR revises primary method of valuation

The Federal Board of Revenue (FBR) has revised the primary method of valuation of customs duty on the import of goods to determine the authentic price of the items under the valuation process. The board has amended the Customs Rules, 2001 through an SRO(I
Published 20 Aug, 2010 12:00am
OGDCL discovers gas from Gopang Well

OGDCL discovers gas from Gopang Well

Oil & Gas Development Company Limited (OGDCL) has discovered gas from its exploratory well Gopang Well No 1 in the joint venture of Nim Block comprising OGDCL, as operator (95 percent) and Government Holding (Pvt) Limited (GHPL) (5 percent carried) in dis
Published 20 Aug, 2010 12:00am
OGDCL discovers gas from Gopang Well

OGDCL discovers gas from Gopang Well

Oil & Gas Development Company Limited (OGDCL) has discovered gas from its exploratory well Gopang Well No 1 in the joint venture of Nim Block comprising OGDCL, as operator (95 percent) and Government Holding (Pvt) Limited (GHPL) (5 percent carried) in dis
Published 20 Aug, 2010 12:00am
OGDCL discovers gas from Gopang Well

OGDCL discovers gas from Gopang Well

Oil & Gas Development Company Limited (OGDCL) has discovered gas from its exploratory well Gopang Well No 1 in the joint venture of Nim Block comprising OGDCL, as operator (95 percent) and Government Holding (Pvt) Limited (GHPL) (5 percent carried) in dis
Published 20 Aug, 2010 12:00am
Holbrooke urges China to help Pakistan

Holbrooke urges China to help Pakistan

The US pointman on Pakistan called on China Thursday to join the global effort to help Pakistan cope with devastating floods, saying billions of dollars were needed for the country's reconstruction. "I think the Chinese should step up to the plate," Richa
Published 20 Aug, 2010 12:00am
Holbrooke urges China to help Pakistan

Holbrooke urges China to help Pakistan

The US pointman on Pakistan called on China Thursday to join the global effort to help Pakistan cope with devastating floods, saying billions of dollars were needed for the country's reconstruction. "I think the Chinese should step up to the plate," Richa
Published 20 Aug, 2010 12:00am
Obama orders establishment of Pakistan, Afghanistan support office

Obama orders establishment of Pakistan, Afghanistan support office

President Barack Obama has ordered establishment of a new temporary office which will support the American executive departments and agencies in strengthening the governments of Afghanistan, Pakistan and enhancing their capacity to resist extremists.
Published 20 Aug, 2010 12:00am