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Sep 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-10-30
TCP registers Rs 1.632 billion profit after tax

TCP registers Rs 1.632 billion profit after tax

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
Published 30 Oct, 2010 12:00am
Robberies in Jodia Bazar: PCDMA voices concern

Robberies in Jodia Bazar: PCDMA voices concern

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
Published 30 Oct, 2010 12:00am
PTA declared Most Progressive Telecom Regulator in South Asia

PTA declared Most Progressive Telecom Regulator in South Asia

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.
Published 30 Oct, 2010 12:00am
Fish export to Middle East markets down by 70 percent

Fish export to Middle East markets down by 70 percent

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
Published 30 Oct, 2010 12:00am
Bank Alfalah posts Rs 422.860 million profit after tax

Bank Alfalah posts Rs 422.860 million profit after tax

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
Published 30 Oct, 2010 12:00am
Bank Alfalah posts Rs 422.860 million profit after tax

Bank Alfalah posts Rs 422.860 million profit after tax

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
Published 30 Oct, 2010 12:00am
APL Profit after tax increases to Rs 875.113 million

APL Profit after tax increases to Rs 875.113 million

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
Published 30 Oct, 2010 12:00am
APL Profit after tax increases to Rs 875.113 million

APL Profit after tax increases to Rs 875.113 million

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
Published 30 Oct, 2010 12:00am
ARL posts Rs 583.324 million profit after tax

ARL posts Rs 583.324 million profit after tax

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
Published 30 Oct, 2010 12:00am
ARL posts Rs 583.324 million profit after tax

ARL posts Rs 583.324 million profit after tax

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
Published 30 Oct, 2010 12:00am
56th AGM of SSGC held

56th AGM of SSGC held

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.
Published 30 Oct, 2010 12:00am
Aptma felicitates Bashir

Aptma felicitates Bashir

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
Published 30 Oct, 2010 12:00am
Bashir elected president ITMF

Bashir elected president ITMF

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
Published 30 Oct, 2010 12:00am
President's help sought against 'bhatta' extortionists

President's help sought against 'bhatta' extortionists

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
Published 30 Oct, 2010 12:00am
'US will help Pakistan in revival of economy'

'US will help Pakistan in revival of economy'

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.
Published 30 Oct, 2010 12:00am
74,136 metric tons of imported sugar arrives

74,136 metric tons of imported sugar arrives

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.
Published 30 Oct, 2010 12:00am
KESC directed to exempt PTA from loadshedding

KESC directed to exempt PTA from loadshedding

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
Published 30 Oct, 2010 12:00am
ICMAP seminar on IFRF held

ICMAP seminar on IFRF held

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
Published 30 Oct, 2010 12:00am
Regional CEO of SCB

Regional CEO of SCB

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
Published 30 Oct, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (October 29, 2010).

Published 30 Oct, 2010 12:00am
POL's profit after tax rises to Rs 2.232 billion

POL's profit after tax rises to Rs 2.232 billion

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
Published 30 Oct, 2010 12:00am
POL's profit after tax rises to Rs 2.232 billion

POL's profit after tax rises to Rs 2.232 billion

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
Published 30 Oct, 2010 12:00am
PML factions unite to create Muttahida Muslim League

PML factions unite to create Muttahida Muslim League

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
Published 30 Oct, 2010 12:00am
300 HBFC officers avail facility of GHS this year

300 HBFC officers avail facility of GHS this year

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
Published 30 Oct, 2010 12:00am
FPCCI upholds KCCI views on law, order

FPCCI upholds KCCI views on law, order

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
Published 30 Oct, 2010 12:00am
Call for uninterrupted power supply to Lasbela industries

Call for uninterrupted power supply to Lasbela industries

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
Published 30 Oct, 2010 12:00am
NBP profit after tax up 21 percent

NBP profit after tax up 21 percent

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
Published 30 Oct, 2010 12:00am
NBP profit after tax up 21 percent

NBP profit after tax up 21 percent

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
Published 30 Oct, 2010 12:00am
Government should impose fair tax on elites: Lord Nazir

Government should impose fair tax on elites: Lord Nazir

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
Published 30 Oct, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 29, 2010).

Published 30 Oct, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 29, 2010).
Published 30 Oct, 2010 12:00am
'Government to award 16 megawatts Naltar power plant contract to HMC'

'Government to award 16 megawatts Naltar power plant contract to HMC'

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
Published 30 Oct, 2010 12:00am
US to provide $16 million to Balochistan farmers

US to provide $16 million to Balochistan farmers

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.
Published 30 Oct, 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 Friday (October 29, 2010).

Published 30 Oct, 2010 12:00am
Mirza takes notice of firing incidents in Karachi

Mirza takes notice of firing incidents in Karachi

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
Published 30 Oct, 2010 12:00am
Gilani, Kayani and Qureshi meet Zardari

Gilani, Kayani and Qureshi meet Zardari

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
Published 30 Oct, 2010 12:00am
Tax Year 2010: FBR not to extend date for filing returns

Tax Year 2010: FBR not to extend date for filing returns

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
Published 30 Oct, 2010 12:00am
Rejoining: PML-N makes conditional offer to Q leaders

Rejoining: PML-N makes conditional offer to Q leaders

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
Published 30 Oct, 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 Friday (October 29, 2010).

Published 30 Oct, 2010 12:00am
New US ambassador hosts reception for DCAP members

New US ambassador hosts reception for DCAP members

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
Published 30 Oct, 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 Friday (October 29, 2010).

Published 30 Oct, 2010 12:00am
Three bills on first day's agenda: National Assembly session on Monday

Three bills on first day's agenda: National Assembly session on Monday

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
Published 30 Oct, 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 Friday (October 29, 2010).

Published 30 Oct, 2010 12:00am
Young creatives challenge UK media perception of Pakistan

Young creatives challenge UK media perception of Pakistan

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.
Published 30 Oct, 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 30 Oct, 2010 12:00am
FUUFAST arranges 'Roobaroo'

FUUFAST arranges 'Roobaroo'

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
Published 30 Oct, 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 30 Oct, 2010 12:00am
Debate competitions

Debate competitions

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.
Published 30 Oct, 2010 12:00am
New York cotton

New York cotton

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

Published 30 Oct, 2010 12:00am
ACCA organises 'Train the Trainer' workshop

ACCA organises 'Train the Trainer' workshop

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
Published 30 Oct, 2010 12:00am
New York cotton

New York cotton

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

Published 30 Oct, 2010 12:00am
LHC adjourns hearing of petition against Saad Rafique

LHC adjourns hearing of petition against Saad Rafique

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
Published 30 Oct, 2010 12:00am
BRIDGE NOTES: We all do

BRIDGE NOTES: We all do

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
Published 30 Oct, 2010 12:00am
Petitioner seeks wife's transfer to his district of residence

Petitioner seeks wife's transfer to his district of residence

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
Published 30 Oct, 2010 12:00am
Book Reviews: Five decades of Pakistani art

Book Reviews: Five decades of Pakistani art

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
Published 30 Oct, 2010 12:00am
BISP team nabs man for selling fake forms

BISP team nabs man for selling fake forms

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
Published 30 Oct, 2010 12:00am
Art Facts: A fantasy world of historical buildings

Art Facts: A fantasy world of historical buildings

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
Published 30 Oct, 2010 12:00am
Dissatisfaction with governments performance: PDO organises convention

Dissatisfaction with governments performance: PDO organises convention

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
Published 30 Oct, 2010 12:00am
A tribute to Abdul Hamid Zubairi

A tribute to Abdul Hamid Zubairi

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
Published 30 Oct, 2010 12:00am
Assistance for flood survivors: FAO and DFID UK sign agreement

Assistance for flood survivors: FAO and DFID UK sign agreement

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
Published 30 Oct, 2010 12:00am
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