The Trading Corporation of Pakistan (TCP) has earned profit after tax as Rs 1.632 billion during the last fiscal year (2009-2010). Annual General Meeting of Trading Corporation of Pakistan (Pvt) Ltd (TCP), on Friday approved Annual Audited Accounts for th
Pakistan Chemicals and Dyes Merchant Association (PCDMA) Chairman Haroon Agar on Friday expressed concern over increasing theft and robbery incidents in the biggest wholesale market of the country - Jodia Bazar - and urged the authorities concerned to mak
Pakistan Telecommunication Authority (PTA) has been declared Most Progressive Telecom Regulator in South Asia for the year, while Chairman PTA Dr Mohammed Yaseen has been recognised as Best Telecom Regulatory Leader of the Year.
The art lovers would witness history in the making at Mohatta Palace Museum here on November 1. On that date, the work of more than 40 emerging and established Pakistani artists will go on display in a magnificent exhibition. The 'Rising Tide': new direct
Pakistan's export of fresh seafood to Middle East has declined over 70 percent this season as Middle East markets are flooded with Indian and Somalian seafood at cheaper prices with a variety of marine edible species. Dubai's bumper seafood catch is also
Bank Alfalah Limited has posted Rs 422.860 million as profit after tax in the quarter ended September 30, 2010 as compared to Rs 452.074 million in the corresponding period in 2009. The board of directors of the bank in its meeting held on Thursday at Abu
Bank Alfalah Limited has posted Rs 422.860 million as profit after tax in the quarter ended September 30, 2010 as compared to Rs 452.074 million in the corresponding period in 2009. The board of directors of the bank in its meeting held on Thursday at Abu
The profit after tax of Attock Petroleum Limited (APL) has increased to Rs 875.113 million in the quarter ended September 30, 2010 as compared to Rs 733.557 million earned in the corresponding period in 2009. The board of directors of the company in its m
The profit after tax of Attock Petroleum Limited (APL) has increased to Rs 875.113 million in the quarter ended September 30, 2010 as compared to Rs 733.557 million earned in the corresponding period in 2009. The board of directors of the company in its m
Attock Refinery Limited has posted Rs 583.324 million as profit after tax in the quarter ended September 30, 2010 as compared to after tax loss of Rs 553.182 million in the same period in 2009. The board of directors of the company in its meeting held on
Attock Refinery Limited has posted Rs 583.324 million as profit after tax in the quarter ended September 30, 2010 as compared to after tax loss of Rs 553.182 million in the same period in 2009. The board of directors of the company in its meeting held on
The 56th Annual General Meeting (AGM) of Sui Southern Gas Company (SSGC), which held here on Friday, approved the financial statements together with the Auditor's Report for the financial year ending June 30, 2010.
Central Chairman All Pakistan Textile Mills Association (APTMA) Gohar Ejaz has felicitated Bashir Ali Mohammad, former Chairman APTMA, for his unanimous election as President International Textile Manufacturers Federation (ITMP). The International Textile
Bashir H. Ali Mohammad, CEO and Chairman, Gul Ahmed Textile Mills Limited, has been unanimously elected President of the International Textile Manufacturers Federation (ITMF) for the next two years becoming the first Pakistani to be elected to the prestig
The law enforcing agencies (LEAs) seem helpless in controlling the extortionists who are on the rampage in the city, particularly in Gulistan-e-Jauhar, Surjani Town, Scheme 33, Super Highway, and National Highway. The situation is so alarming that if reme
US Consul General William J Martin Friday said that the US will help Pakistan in its efforts for the revival of economy and textile sector. He was speaking at a dinner reception in his honour hosted by Dr Mirza Ikhtiar Baig, Federal Advisor on Textile.
During the week, three more ships carrying 46,800 MT bagged sugar and 1059 containers carrying 27,336 MT imported sugar have arrived bringing the total imports to 708,807 MT.
Chairman Pakistan Tanners Association (PTA) S.Z, Aziz Ahmed has asked President Zardari and Prime Minister Gilani to direct Karachi Eclectic Supply Company (KESC) to exempt tanning industry from loadshedding. Talking to newsmen here on Friday, he said tha
Karachi Branch Council (KBC) of Institute of Cost and Management Accountants of Pakistan (ICMAP) has organised a seminar on International Financial Reporting Standards (IFRF) at ICMAP House on Friday. Speaking on the occasion, Ali Asghar ACMA, Senior Mana
The Sindh Assembly passed two identical resolutions for paying compensation to the families of those killed in targeted killings in Shershah scrap market and other parts of the metropolis from October 14 to 19.
Christos Papadopoulos, Regional Chief Executive Officer, Middle East and North Africa, was in Karachi recently to reinforce Standard Chartered's commitment to Pakistan. "Pakistan is a very attractive market for us and we are committed to supporting its de
The profit after tax of Pakistan Oilfields Limited (POL) has increased to Rs 2.232 billion in the quarter ended September 30, 2010 as compared to Rs 1.425 billion in the corresponding period in 2009. The board of directors of the company in its meeting he
The profit after tax of Pakistan Oilfields Limited (POL) has increased to Rs 2.232 billion in the quarter ended September 30, 2010 as compared to Rs 1.425 billion in the corresponding period in 2009. The board of directors of the company in its meeting he
The Muttahida Muslim League (MML), alliance of Muslim Leagues, was finally formed here on Friday, Pir Pagara elected as Chief of MML. However, ML-F has no plan of getting back from the government. Pir Pagara while briefing media said, "We have no plans fo
Around 300 officers and executives of House Building Finance Corporation (HBFC) availed the facility of golden handshake Voluntary Severance Scheme (VSS) this year. Voluntary Severance Scheme (VSS) was introduced on June 25, 2010 but it was offered for ex
President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Sultan Ahmed Chawla and former President FPCCI Tariq Sayeed have endorsed the fundamental principles of KCCI regarding government's response on maintaining law and order in Karach
The Industries located in Lasbela District of Balochistan are facing severe difficulties to continue production and they are on the verge of collapse due to more than 12 hours load shedding since last few days. This was stated by Dr Muhammad Aslam, Presid
The profit after tax of National Bank of Pakistan increased by 21 percent to Rs 11.363 billion in the nine-month period ended September 30, 2010 as compared to Rs 9.400 billion earned in the corresponding period in 2009. The boar of directors of the bank
The profit after tax of National Bank of Pakistan increased by 21 percent to Rs 11.363 billion in the nine-month period ended September 30, 2010 as compared to Rs 9.400 billion earned in the corresponding period in 2009. The boar of directors of the bank
Government should impose a fair tax on super rich classes or the filthy rich elite should at least regularly pay Zakat for extending relief to resource less toiling masses. Our rulers do not pay any taxes while they are amassing ill-gotten wealth in forei
Fertiliser dealers will earn billions of rupees as windfall profits if the government imposed "Reformed General Sales Tax (RGST) this year, fertiliser market sources told Business Recorder here on Friday. They said that fertiliser dealers have made
President Supreme Court Bar Association, Asma Jahangir has said the bar would furnish its recommendations for elimination of corruption from judiciary. While talking to media during her visit to Lahore High Court Bar Association here on Friday she said sh
The government has decided to award 16 MW Naltar power project to Heavy Mechanical Complex (HMC), Texila. This was disclosed by the Minister for Industries and Production, Mir Hazar Khan Bijarani at a meeting of HMC's Board of Directors. The meeting was h
The United States committed $16 million to provide seed and fertiliser to flood-affected farmers and their families in Balochistan, in a ceremony that held here on Friday.
Sindh Home Minster Dr Zulfiqar Ali Mirza has taken a strict notice of the firing incidents in the city and directed the police and Rangers to take joint action against the accused involved in the incidents. Mirza directed the law enforcement agencies to a
Prime Minister Syed Yousuf Raza Gilani called on President Asif Ali Zardari here at the Aiwan-e-Sadr on Friday. Chief of Army Staff General Ashfaq Parvez Kayani and Foreign Minister Makhdoom Shah Mehmood Qureshi were also present during the meeting. Matte
The Federal Board of Revenue has no intention to extend date for filing of income tax returns for the Tax Year 2010. It is learnt here on Friday that the FBR would launch enforcement actions against the non-filers of returns and statements for Tax Year 20
Pakistan Muslim League-Nawaz (PML-N) on Friday made a conditional offer to the leaders, who had ditched it following the military coup in 1999 and created a new party from within the PML-N under the patronage of the then military dictator General Musharra
New American ambassador to Pakistan Cameron Munter hosted a reception in honour of members of Diplomatic Correspondent Association of Pakistan (DCAP) here on Friday at his residence. The US Ambassador Cameron Munter and his wife Marilyn Wyatt received the
Three bills, including The Oil and Gas Regulatory Authority (Amendment) Bill, 2008, The State Bank of Pakistan (Amendment) Bill, 2010 and The National Vocational and Technical Education Commission Bill, 2008 have been placed as first day's agenda items fo
Offscreen Expeditions has sent six aspiring British creatives to participate in the journey of a lifetime to Pakistan. The team of 18-21-year-olds are exploring Pakistan away from the headlines.
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
The Talaba Action Committee (TAC) of Federal Urdu University for Arts, Science and Technology (FUUFAST), arranged a programme "Roobaroo" for students of Abdul Haq campus to acquaint the vice chancellor of the university with their problems and grievances
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
The holding of Inter College Bilingual debate always remained one of salient features of academic session here at Bahria College Naval Complex. This year all leading institutions of the town participated in Inter College debate held on October 28-29.
The ACCA on Thursday organised a workshop ie "Train the Trainer" to develop excellence in professional accounting education and establish best practices amongst tertiary accounting education providers. Dr Afra Sajjad, Head of Education and Policy Developm
More than 100 Pakistani alumni of German universities and 10 German distinguished scientists are gathering at a three-day alumni seminar, hosted by the German Academic Exchange Service (DAAD) in the premises of the Islamabad Club from October 29 to Octobe
An election tribunal of the Lahore High Court (LHC) on Friday dismissed a civil miscellaneous application of PML-Q leader Humayon Akhter Khan seeking verification of prize bonds from State Bank, which were submitted by PML-N MNA Khawaja Saad Rafique in th
Bridge is a game of decision making. It is a game of control and technique. But you need to have motivation and hope for the plan you make in the making of the contract to succeed. Of course the cards fall randomly in their slots and all you can really ho
The Lahore High Court (LHC) here on Friday directed secretary education (schools) to make posting of a lady deputy district education officer Rubina Miraj, strictly under wedlock policy. The petitioner a journalist Majid Hussain, said in his petition that
The history of art from the Mughal Empire to the works of the pioneers of modern art in Pakistan, such as Zubeida Agha, Shakir Ali, Sadequain and Ahmed Parvez are analysed in detail by Akbar Naqvi in the book 'Image and Identity'. The book explores the jo
As a measure to ensure transparency and protect the poor from swindlers, the vigilant poverty survey team of Benazir Income Support Programme (BISP) has nabbed a faker in Jinnah Town Faisalabad, while he was trying to sell the fake forms of BISP among the
While visiting the studio of A Q Arif I was a bit surprised to see a well managed studio with brushes, paints and canvases well-kept in their places. It feels good talking to him in cosy environment that increases my interest in his work. As he paints on
The anger was palpable at a convention organised by Pattan Development Organisation (PDO), the first of its kind for flood affectees in Pakistan, attending by over three thousand people from all flood affected provinces, said a press release issued here o
It was this day, October 29, 10 years ago when Abdul Hamid Zubairi died. He was loved and respected by his colleagues for his disposition. His ability to perceive or express humour or take a joke was unique. Those who had the privilege of working with him
The United Nation's Food and Agriculture Organisation (FAO) and Department for International Development (DFID) of United Kingdom on Friday signed an agreement to provide wheat and vegetable seeds, fertiliser, animal feed, and basic veterinary medicines t