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Print - 2011-01-19
LABARD provides medical aid to over 108 disabled persons

LABARD provides medical aid to over 108 disabled persons

The Lahore Businessmen Association for Rehabilitation of the Disabled (LABARD) on Tuesday provided medical assistance to more than 108 disabled persons at a medical camp established here at the LABARD office.
Published 19 Jan, 2011 12:00am
Fourth international MARCON-2011 on March 7-8

Fourth international MARCON-2011 on March 7-8

The Marketing Association of Pakistan (MAP)Lahore Chapter has announced to hold its fourth-International Marketing Congress (MARCON-2011) on March 7-8, 2011 in the provincial metropolis.
Published 19 Jan, 2011 12:00am
Government is not amending blasphemy law: Prime Minister

Government is not amending blasphemy law: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Tuesday said that the government was not amending blasphemy law. Addressing 'Ulema and Mashaikh conference' organized with the theme of religious tolerance in Islam, Gilani said, "the acts of violence bring bad na
Published 19 Jan, 2011 12:00am
Taliban kill four robbers

Taliban kill four robbers

The local Taliban militants have allegedly killed four robbers what they believed to be the members of an alleged "Dacoit Group", district police said. The bodies were identified as Anwar, Ghazi, Farooq and Sharabi, local police said. The bodies were reco
Published 19 Jan, 2011 12:00am
National Assembly to discuss targeted killings in Karachi

National Assembly to discuss targeted killings in Karachi

The issue of targetted killings in Karachi would be discussed in the forthcoming 28th session of the National Assembly, which would be held on January 24, 2011. Well-placed sources in the National Assembly Secretariat on Tuesday told Business Recorder
Published 19 Jan, 2011 12:00am
BoP loan scam: proceedings adjourned to February 1

BoP loan scam: proceedings adjourned to February 1

A division bench of Lahore High Court, headed by Chief Justice Ijaz Ahmed Chaudhry here Tuesday adjourned to 1st February the hearing of a bail petition of Hamesh Khan, former president of Bank of Punjab and principal accused in the bank's loan scam of ru
Published 19 Jan, 2011 12:00am
Pakistani firm awarded $500,000 waste management contract

Pakistani firm awarded $500,000 waste management contract

A Lahore based local waste management firm, Waste Busters, has been awarded a contract by the United Nations Military Observer Group in India and Pakistan to collect and dispose off their hazardous waste materials in the region. This is the first internat
Published 19 Jan, 2011 12:00am
Petition against PML-Q MNA dismissed

Petition against PML-Q MNA dismissed

An election tribunal headed by a judge of Lahore High Court here Tuesday dismissed a petition seeking disqualification of PML-Q MNA, Syed Faisal Saleh Hayat. The tribunal, while dismissing the petition, observed that the petitioner could not establish her
Published 19 Jan, 2011 12:00am
'Government to resolve residential problem of journalists'

'Government to resolve residential problem of journalists'

Provincial Minister for Law and Parliamentary Affairs, Rana Sanaullah Khan has said the government is fully aware of the residential problems being faced by the journalist community and it would utilise all available resources to resolve their issue.
Published 19 Jan, 2011 12:00am
Zardari makes plea to promote religious, cultural harmony

Zardari makes plea to promote religious, cultural harmony

President Asif Ali Zardari on Tuesday made an impassioned plea to United Nations to work out special plans for promoting cultural and religious harmony. This he said during a meeting with the UN Secretary General Ban Ki Moon on the side lines of the fourt
Published 19 Jan, 2011 12:00am
Former CFO ZTBL put on ECL

Former CFO ZTBL put on ECL

National Assembly's Public Accounts Committee on Tuesday directed to put the name of former chief financial officer (CFO)of Zarai Taraqiati Bank (ZTBL) Imtiaz K Lodhi on the Exit Control List (ECL) for having fake degree of a foreign university.
Published 19 Jan, 2011 12:00am
Employees protest against proposed privatisation of Railways

Employees protest against proposed privatisation of Railways

Employees of Pakistan Railways on Tuesday staged a protest demonstration outside Railway Station Peshawar Cantonment against the proposed privatisation of the entity and demanded its immediate withdrawal. Dozens of employees of Pakistan Railways led by di
Published 19 Jan, 2011 12:00am
Provincial overdrafts

Provincial overdrafts

The entire focus of the media, as well as international development partners, inclusive of bilateral and multilaterals, is on the federal government's burgeoning budget deficit and its implications on inflation.
Published 19 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 18, 2011).

Published 19 Jan, 2011 12:00am
Magnitude 7.4 quake hits Pakistan

Magnitude 7.4 quake hits Pakistan

A magnitude 7.4 earthquake struck south-western Pakistan, the US Geological Survey reported on Tuesday. It said the quake was very shallow at a depth of 10 km (6.3 miles). It struck 55 km (34 miles) west of Dalbandin at 1:23 am local time on Wednesday (20
Published 19 Jan, 2011 12:00am
Magnitude 7.4 quake hits Pakistan

Magnitude 7.4 quake hits Pakistan

A magnitude 7.4 earthquake struck south-western Pakistan, the US Geological Survey reported on Tuesday. It said the quake was very shallow at a depth of 10 km (6.3 miles). It struck 55 km (34 miles) west of Dalbandin at 1:23 am local time on Wednesday (20
Published 19 Jan, 2011 12:00am
Government in talks on economic strategy

Government in talks on economic strategy

The economic team has informed the political leadership that growing gap between revenue and expenditure has increased the vulnerability of fiscal framework, requiring the federal and provincial governments to tighten belt with a view to putting economy o
Published 19 Jan, 2011 12:00am
Government in talks on economic strategy

Government in talks on economic strategy

The economic team has informed the political leadership that growing gap between revenue and expenditure has increased the vulnerability of fiscal framework, requiring the federal and provincial governments to tighten belt with a view to putting economy o
Published 19 Jan, 2011 12:00am
Government in talks on economic strategy

Government in talks on economic strategy

The economic team has informed the political leadership that growing gap between revenue and expenditure has increased the vulnerability of fiscal framework, requiring the federal and provincial governments to tighten belt with a view to putting economy o
Published 19 Jan, 2011 12:00am
New tax measures post-Finance Bill 2010

New tax measures post-Finance Bill 2010

The federal government imposed additional taxes subsequent to the passage of Finance Bill 2010, and these include 3.5 percent withholding tax on agri-trading, penalties on late filers/non-filers of returns, exclusion of non-compliant taxpayers from "List
Published 19 Jan, 2011 12:00am
New tax measures post-Finance Bill 2010

New tax measures post-Finance Bill 2010

The federal government imposed additional taxes subsequent to the passage of Finance Bill 2010, and these include 3.5 percent withholding tax on agri-trading, penalties on late filers/non-filers of returns, exclusion of non-compliant taxpayers from "List
Published 19 Jan, 2011 12:00am
New tax measures post-Finance Bill 2010

New tax measures post-Finance Bill 2010

The federal government imposed additional taxes subsequent to the passage of Finance Bill 2010, and these include 3.5 percent withholding tax on agri-trading, penalties on late filers/non-filers of returns, exclusion of non-compliant taxpayers from "List
Published 19 Jan, 2011 12:00am
Technology acquisition pacts: EDB urges FBR to abolish 10 percent FED

Technology acquisition pacts: EDB urges FBR to abolish 10 percent FED

The Engineering Development Board (EDB) has asked the Federal Board of Revenue (FBR) to take away anti-investment and anti-exports provisions of the federal excise regime by abolishing 10 percent Federal Excise Duty (FED) on technology acquisition agreeme
Published 19 Jan, 2011 12:00am
Technology acquisition pacts: EDB urges FBR to abolish 10 percent FED

Technology acquisition pacts: EDB urges FBR to abolish 10 percent FED

The Engineering Development Board (EDB) has asked the Federal Board of Revenue (FBR) to take away anti-investment and anti-exports provisions of the federal excise regime by abolishing 10 percent Federal Excise Duty (FED) on technology acquisition agreeme
Published 19 Jan, 2011 12:00am
Technology acquisition pacts: EDB urges FBR to abolish 10 percent FED

Technology acquisition pacts: EDB urges FBR to abolish 10 percent FED

The Engineering Development Board (EDB) has asked the Federal Board of Revenue (FBR) to take away anti-investment and anti-exports provisions of the federal excise regime by abolishing 10 percent Federal Excise Duty (FED) on technology acquisition agreeme
Published 19 Jan, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Jan, 2011 12:00am
Pakistan, Bulgaria may sign economic pact today

Pakistan, Bulgaria may sign economic pact today

Pakistan and Bulgaria are likely to sign 'economic co-operation agreement' here today (Wednesday) on the first-ever visit of Bulgarian Foreign Minister Nickolay Mladenov. During his three-day stay (January 19-21), the Bulgarian FM will meet Prime Minister
Published 19 Jan, 2011 12:00am
Pakistan, Bulgaria may sign economic pact today

Pakistan, Bulgaria may sign economic pact today

Pakistan and Bulgaria are likely to sign 'economic co-operation agreement' here today (Wednesday) on the first-ever visit of Bulgarian Foreign Minister Nickolay Mladenov. During his three-day stay (January 19-21), the Bulgarian FM will meet Prime Minister
Published 19 Jan, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 19 Jan, 2011 12:00am
Pakistan, Bulgaria may sign economic pact today

Pakistan, Bulgaria may sign economic pact today

Pakistan and Bulgaria are likely to sign ''economic co-operation agreement'' here today (Wednesday) on the first-ever visit of Bulgarian Foreign Minister Nickolay Mladenov. During his three-day stay (January 19-21), the Bulgarian FM will meet Prime Minist
Published 19 Jan, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jan, 2011 12:00am
Index loses 23.78 points

Index loses 23.78 points

Bearish activity was witnessed at Karachi stock market on Tuesday and KSE-100 index lost 23.78 points due to high selling pressure. The KSE-100 closed at 12,658.16 points from 12,681.94 points. The index hit 12,767.74 points intra-day high and 12,682.11po
Published 19 Jan, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jan, 2011 12:00am
Index loses 23.78 points

Index loses 23.78 points

Bearish activity was witnessed at Karachi stock market on Tuesday and KSE-100 index lost 23.78 points due to high selling pressure. The KSE-100 closed at 12,658.16 points from 12,681.94 points. The index hit 12,767.74 points intra-day high and 12,682.11po
Published 19 Jan, 2011 12:00am
Index loses 23.78 points

Index loses 23.78 points

Bearish activity was witnessed at Karachi stock market on Tuesday and KSE-100 index lost 23.78 points due to high selling pressure. The KSE-100 closed at 12,658.16 points from 12,681.94 points. The index hit 12,767.74 points intra-day high and 12,682.11po
Published 19 Jan, 2011 12:00am
BRIndex30 down 95.95 points

BRIndex30 down 95.95 points

On Tuesday, the BRIndex30 opened at 9,521.49 points. It touched the intra-day high of 9,594.11 points and low of 9,404.70 points, and closed at 9,425.54 points with a net negative change of -95.95 points, or -1.01 percent. The volume was 188,635,513 share
Published 19 Jan, 2011 12:00am
BRIndex30 down 95.95 points

BRIndex30 down 95.95 points

On Tuesday, the BRIndex30 opened at 9,521.49 points. It touched the intra-day high of 9,594.11 points and low of 9,404.70 points, and closed at 9,425.54 points with a net negative change of -95.95 points, or -1.01 percent. The volume was 188,635,513 share
Published 19 Jan, 2011 12:00am
Equities move both ways on LSE

Equities move both ways on LSE

Equities on Tuesday moved both ways on the Lahore Stock Exchange (LSE) and finally stayed in negative zone amid decreased trading turnover on account of lacking interest on the part of investors. The LSE-25 index lost 35.96 points and was closed at 3953.4
Published 19 Jan, 2011 12:00am
Equities move both ways on LSE

Equities move both ways on LSE

Equities on Tuesday moved both ways on the Lahore Stock Exchange (LSE) and finally stayed in negative zone amid decreased trading turnover on account of lacking interest on the part of investors. The LSE-25 index lost 35.96 points and was closed at 3953.4
Published 19 Jan, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (January 18, 2011).

Published 19 Jan, 2011 12:00am
Bears dominates ISE

Bears dominates ISE

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Tuesday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 5.58 points from 3,141.04 points to 3,135.46 points. Turnover amounted to 228,485 shares as
Published 19 Jan, 2011 12:00am
Bears dominates ISE

Bears dominates ISE

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Tuesday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 5.58 points from 3,141.04 points to 3,135.46 points. Turnover amounted to 228,485 shares as
Published 19 Jan, 2011 12:00am
Dogar's counsel's argument: oath was taken to save judicial system

Dogar's counsel's argument: oath was taken to save judicial system

The counsel for former chief justice Abdul Hameed Dogar Tuesday argued before the apex court that his client had taken oath under November 3, 2007 Provisional Constitutional Order (PCO) just to save the judicial system in the country.
Published 19 Jan, 2011 12:00am
Dogar's counsel's argument: oath was taken to save judicial system

Dogar's counsel's argument: oath was taken to save judicial system

The counsel for former chief justice Abdul Hameed Dogar Tuesday argued before the apex court that his client had taken oath under November 3, 2007 Provisional Constitutional Order (PCO) just to save the judicial system in the country.
Published 19 Jan, 2011 12:00am
THE RUPEE: all-round decline

THE RUPEE: all-round decline

Pressure buying of dollars forced the rupee to surrender its gains versus the US currency and euro on the money market on Tuesday, dealers said. The rupee fell sharply against dollar, losing 27 paisa for buying at 85.78 and it also shed 26 paisa for selli
Published 19 Jan, 2011 12:00am
De-weaponisation bill presented in Senate

De-weaponisation bill presented in Senate

Following its introduction in the National Assembly, Muttahida Qaumi Movement (MQM) on Tuesday submitted The De-Weaponisation of Pakistan Bill, 2011 with the Senate Secretariat, urging all political forces to support the Bill in the Parliament.
Published 19 Jan, 2011 12:00am
THE RUPEE: all-round decline

THE RUPEE: all-round decline

Pressure buying of dollars forced the rupee to surrender its gains versus the US currency and euro on the money market on Tuesday, dealers said. The rupee fell sharply against dollar, losing 27 paisa for buying at 85.78 and it also shed 26 paisa for selli
Published 19 Jan, 2011 12:00am
De-weaponisation bill presented in Senate

De-weaponisation bill presented in Senate

Following its introduction in the National Assembly, Muttahida Qaumi Movement (MQM) on Tuesday submitted The De-Weaponisation of Pakistan Bill, 2011 with the Senate Secretariat, urging all political forces to support the Bill in the Parliament.
Published 19 Jan, 2011 12:00am
ADB to lend International Power $100 million for gas-fired plant

ADB to lend International Power $100 million for gas-fired plant

The Asian Development Bank (ADB) said on Tuesday it will lend up to $100 million to UK-based International Power PLC to build a Pakistani gas-fired plant to help address the country's energy crisis. The 404-megawatt power plant in Balochistan is scheduled
Published 19 Jan, 2011 12:00am
ADB to lend International Power $100 million for gas-fired plant

ADB to lend International Power $100 million for gas-fired plant

The Asian Development Bank (ADB) said on Tuesday it will lend up to $100 million to UK-based International Power PLC to build a Pakistani gas-fired plant to help address the country's energy crisis. The 404-megawatt power plant in Balochistan is scheduled
Published 19 Jan, 2011 12:00am
Pacra announces superior ratings for AHI funds

Pacra announces superior ratings for AHI funds

Pakistan Credit Rating Agency (Pacra) has announced stability ratings for three of Arif Habib Investments (AHI) Funds. Pacra's fund stability ratings are widely regarded as the most unbiased assessment of a fund's capacity to deliver stable returns. The c
Published 19 Jan, 2011 12:00am
Telenor Pak CEO's services eulogised

Telenor Pak CEO's services eulogised

Telenor Pakistan on Tuesday announced that its Chief Executive Officer (CEO), Jon Eddy Abdullah, is set to leave the company on March 1st who has been appointed CEO of the Telenor Group's Thai mobile operator DTAC.
Published 19 Jan, 2011 12:00am
29 tandoors to be set up under Sasti Roti Programme

29 tandoors to be set up under Sasti Roti Programme

Under Sasti Roti Programme around 29 mechanical tandoors would be set up in the district for which interest free loans are also being provided to the applicants from the Punjab Small Industries Corporation, DCO Naseem Sadiq informed the meeting here on Tu
Published 19 Jan, 2011 12:00am
Water issue: dialogue only way to evolve consensus among provinces

Water issue: dialogue only way to evolve consensus among provinces

In a bid to highlight the difference of opinion among provinces on water issues and to open the way for dialogue, Pakistan Institute of Legislative Development and Transparency (PILDAT) arranged a roundtable discussion on Tuesday for Members of the Provin
Published 19 Jan, 2011 12:00am
LHC summons Secretary Auqaf on February 7

LHC summons Secretary Auqaf on February 7

The Lahore High Court (LHC) here on Tuesday called for the appearance of Secretary Auqaf on February 7 next in a petition filed by a contractor at the Shrine of Hazrat Baba Farid Ganj Shakar, Pakpattan Sharif. The petition has been filed by Syed Sajid Hus
Published 19 Jan, 2011 12:00am
'Sewerage system of Lahore inadequate due to increase in population'

'Sewerage system of Lahore inadequate due to increase in population'

Parliamentary Secretary Housing, Zafar Iqbal Nagra here on Tuesday speaking in Punjab Assembly has said that sewerage system of Lahore was inadequate due to increase in population of the city. He said the system of sewerage of Lahore was initiated in 1938
Published 19 Jan, 2011 12:00am
PTCL launches new "Position Statement 'Hello to the Future'

PTCL launches new "Position Statement 'Hello to the Future'

Pakistan Telecommunication Company LTD (PTCL) has launched new "Position Statement" 'Hello to the Future' at the start of the New Year. PTCL's new positioning statement illustrates the company's aim to transform the world of telecommunication and the way
Published 19 Jan, 2011 12:00am
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