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Print - 2011-01-28
UAE gifted power plant not lying unattended: PEPCO

UAE gifted power plant not lying unattended: PEPCO

The power plant gifted by UAE is not lying unattended for the last one year, said a spokesman of Pakistan Electric Power Company (PEPCO). According to some media reports, the plant is lying un-attended. The spokesman said that the correct situation is tha
Published 28 Jan, 2011 12:00am
Transfers, postings in FBR

Transfers, postings in FBR

Mumtaz Haider Rizvi (PCS/BS-21) Member, FBR assumed the charge as Member (Customs), Federal Board of Revenue from January 27, 2011. According to a notification issued here on Thursday, Munir Qureshi (PCS/BS-21) Member, FBR relinquished the charge as Membe
Published 28 Jan, 2011 12:00am
Forces kill 12 militants

Forces kill 12 militants

At least 12 militants including two suicide bombers were killed Thursday in separate incidents in north-western tribal belt bordering Afghanistan, officials said. In one incident Pakistani troops and helicopter gunships killed 10 rebels in a raid on milit
Published 28 Jan, 2011 12:00am
Two women shot dead near Dera Murad Jamali

Two women shot dead near Dera Murad Jamali

A man killed two women in Baalan Shahkh area near Dera Murad Jamali on Thursday. Levies official said the man fired bullet shot at his wife and other women at his home over a domestic issue, killing both on the spot. Levies shifted the victims to nearby h
Published 28 Jan, 2011 12:00am
US, Engro assist dairy farmers in Sindh

US, Engro assist dairy farmers in Sindh

The United States is working with Engro Foundation to help over 15,000 dairy farmers in Sindh, who were affected by the summer flooding of 2010, to restore dairy productivity of farm animals to pre-flood levels. The US Agency for International Development
Published 28 Jan, 2011 12:00am
Auto vendors cry out for fair treatment

Auto vendors cry out for fair treatment

Aamir Allawala, Chairman of Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) appealed to the government for justice and fair treatment to the automobile parts manufacturers and their 200,000 employees.
Published 28 Jan, 2011 12:00am
Punjab Governor visits Mansoora

Punjab Governor visits Mansoora

Jamaat-e-Islami Chief, Syed Munawar Hasan, has said benefits of the PPP's conciliation policy should also reach the common man. He was talking to the media during the Punjab Governor, Sardar Latif Khosa's visit at Mansoora on Thursday. The other members o
Published 28 Jan, 2011 12:00am
The Weather

The Weather

The weather report on Wednesday (January 26, 2011) and the forecast for Friday (January 28, 2011).

Published 28 Jan, 2011 12:00am
Tariq to represent PSF

Tariq to represent PSF

Punjab Squash Association (PSA) Secretary Tariq Farooq Rana will represent Pakistan Squash Federation (PSF) in the annual general meeting of Asian Squash Federation to be held on January 29 (Saturday) in Colombo. The meeting is going to take a number of d
Published 28 Jan, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 26, 2011).

Published 28 Jan, 2011 12:00am
PMKM to launch movement against WHT on agriculture produce

PMKM to launch movement against WHT on agriculture produce

Pakistan Muttahida Kisan Mahaz (PMKM) strongly criticising imposition of 3.5 percent withholding tax on agricultural produce has announced to launch a movement against it. PMKM Chief, Muhammad Ayub Khan Mayo addressing a press conference on Thursday said
Published 28 Jan, 2011 12:00am
Petitioner wants Karachi handed over to armed forces

Petitioner wants Karachi handed over to armed forces

A petition seeking court directions to hand over Karachi to armed forces was filed before the Supreme Court here at Lahore registry. The petition filed by a citizen Rana Ilmuddin submitted that it has become necessary to call in the armed forces in aid of
Published 28 Jan, 2011 12:00am
Model villages: Punjab chief minister reviews pace of progress

Model villages: Punjab chief minister reviews pace of progress

Punjab Chief Minister, Shahbaz Sharif here on Thursday presided over a meeting to review pace of construction of model villages in the flood-affected areas. Addressing the meeting, the chief minister said that the worst ever floods in the history of the c
Published 28 Jan, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 28 Jan, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 28 Jan, 2011 12:00am
Steps to be taken for uplift of mineral sector: minister

Steps to be taken for uplift of mineral sector: minister

Provincial Minister for Mines and Minerals, Dr Tanvir-ul-Islam has said that all out measures will be taken for the development of mineral sector and benefiting from natural resources. While addressing a briefing meeting after assuming the charge of the n
Published 28 Jan, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 26, 2011).

Published 28 Jan, 2011 12:00am
Exposition, moot on housing sector from January 22

Exposition, moot on housing sector from January 22

A high-level expo and international conference of experts from the housing sector is being arranged in Lahore from February 22 to 23, 2011 to deliberate on housing issues and help the depressed national economy revive.
Published 28 Jan, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (January 26, 2011) and for Friday (January 28, 2011).
Published 28 Jan, 2011 12:00am
OUK keen to develop academic linkage with PEF

OUK keen to develop academic linkage with PEF

Open University, UK has shown interest in developing necessary academic linkage with the Punjab Education Foundation (PEF) to help strengthening its various programmes, including teachers training. In this regard, Daniel Nti, Head of OU's Africa Offices a
Published 28 Jan, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 26, 2011).

Published 28 Jan, 2011 12:00am
Pervez Musharraf case: LHC seeks AGP's response by February 8

Pervez Musharraf case: LHC seeks AGP's response by February 8

Lahore High Court here Thursday directed Attorney General of Pakistan (AGP) to appear before the court on February 8 or depute a deputy attorney general to argue in petitions seeking extradition and filing of high treason case against former President, Pe
Published 28 Jan, 2011 12:00am
EU trade concessions: PRGMEA for change of rep

EU trade concessions: PRGMEA for change of rep

Chairman Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) Ijaz A Khokhar has urged the government to send an officer of Ministry of Commerce/Textile industry to join Pakistan representative in WTO Geneva for the second WTO meetin
Published 28 Jan, 2011 12:00am
Distribution of free wheat seed date extended

Distribution of free wheat seed date extended

Punjab Agriculture Department (PAD) has extended the date of process of distribution of free wheat seed and urea fertiliser amongst the farmers of flood-hit areas till January 31, 2011. A spokesman of the department said that date is being extended so as
Published 28 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 26, 2011).

Published 28 Jan, 2011 12:00am
Exhibition 'Made in Gujranwala' can facilitate SMEs

Exhibition 'Made in Gujranwala' can facilitate SMEs

The exhibition "Made in Gujranwala" is a big initiative which can facilitate small and medium enterprises to effectively display their products for marketing at national and international level. According to the FPCCI spokesman, the Federation of Pakistan
Published 28 Jan, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 26, 2011).

Published 28 Jan, 2011 12:00am
'Surgical industry facing multifarious problems'

'Surgical industry facing multifarious problems'

Chairman Surgical Instrument Manufactures Association of Pakistan (SIMAP) Waqar Amin has said that more than century old surgical industry was confronting with multifarious problems. The lack of skilled workforce, unscheduled load shedding of electricity,
Published 28 Jan, 2011 12:00am
'Government should promote private sector to achieve growth targets'

'Government should promote private sector to achieve growth targets'

Acting President, Lahore Chamber of Commerce and Industry (LCCI), Shaikh Muhammad Arshad urged the government to promote private sector and entrepreneurship, if it wants to achieve high growth rates. He was addressing a delegation of 32-member under-train
Published 28 Jan, 2011 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

Divergent trend was seen on the currency market on Thursday as the rupee moved both ways versus dollar in process of trading, dealers said. The rupee picked up four paisa versus dollar for buying at 85.80 and rose by three paisa for selling at 85.85, they
Published 28 Jan, 2011 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

Divergent trend was seen on the currency market on Thursday as the rupee moved both ways versus dollar in process of trading, dealers said. The rupee picked up four paisa versus dollar for buying at 85.80 and rose by three paisa for selling at 85.85, they
Published 28 Jan, 2011 12:00am
Zain Bugti barred from leaving Quetta

Zain Bugti barred from leaving Quetta

Shah Zain Bugti was barred from leaving Quetta by home department of Balochistan to quell long-march organised by Jamhoori Watan Party (JWP), a private TV channel reported. During a press conference, Zain Bugti said that he would himself lead the long-mar
Published 28 Jan, 2011 12:00am
Pakistan's foreign exchange reserves at highest ever $17.3 billion level

Pakistan's foreign exchange reserves at highest ever $17.3 billion level

The country's total liquid foreign reserves reached at new peak level of $17.3 billion because of high foreign inflows sent by overseas Pakistanis. According to the State Bank of Pakistan (SBP) the country's total liquid foreign reserves have posted an in
Published 28 Jan, 2011 12:00am
Pakistan's foreign exchange reserves at highest ever $17.3 billion level

Pakistan's foreign exchange reserves at highest ever $17.3 billion level

The country's total liquid foreign reserves reached at new peak level of $17.3 billion because of high foreign inflows sent by overseas Pakistanis. According to the State Bank of Pakistan (SBP) the country's total liquid foreign reserves have posted an in
Published 28 Jan, 2011 12:00am
$1 billion still needed for Pakistan flood victims: UN

$1 billion still needed for Pakistan flood victims: UN

The United Nations Thursday said Pakistan is still in emergency mode six months after monsoon flooding ravaged the country and that $1 billion was still needed to help the 20 million people affected. "The emergency in Pakistan is not over and a lot of wor
Published 28 Jan, 2011 12:00am
$1 billion still needed for Pakistan flood victims: UN

$1 billion still needed for Pakistan flood victims: UN

The United Nations Thursday said Pakistan is still in emergency mode six months after monsoon flooding ravaged the country and that $1 billion was still needed to help the 20 million people affected. "The emergency in Pakistan is not over and a lot of wor
Published 28 Jan, 2011 12:00am
53 killed in Iraq

53 killed in Iraq

A massive car bomb ripped through a funeral ceremony in a Shia district of Baghdad on Thursday, killing 48 people in Iraq's bloodiest day in more than two months. The blast was the deadliest in a series of bombings Thursday that claimed 53 lives across th
Published 28 Jan, 2011 12:00am
53 killed in Iraq

53 killed in Iraq

A massive car bomb ripped through a funeral ceremony in a Shia district of Baghdad on Thursday, killing 48 people in Iraq's bloodiest day in more than two months. The blast was the deadliest in a series of bombings Thursday that claimed 53 lives across th
Published 28 Jan, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Jan, 2011 12:00am
Muslim birth rate falls, population to grow more slowly

Muslim birth rate falls, population to grow more slowly

Falling birth rates will slow the world's Muslim population growth over the next two decades, reducing it on average from 2.2 percent a year in 1990-2010 to 1.5 percent a year from now until 2030, a new study says. Muslims will number 2.2 billion by 2030
Published 28 Jan, 2011 12:00am
Board meetings in progress

Board meetings in progress

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

Published 28 Jan, 2011 12:00am
Muslim birth rate falls, population to grow more slowly

Muslim birth rate falls, population to grow more slowly

Falling birth rates will slow the world's Muslim population growth over the next two decades, reducing it on average from 2.2 percent a year in 1990-2010 to 1.5 percent a year from now until 2030, a new study says. Muslims will number 2.2 billion by 2030
Published 28 Jan, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Jan, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 28 Jan, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Jan, 2011 12:00am
Banking sector spreads averaged 7.46 percent in 2010

Banking sector spreads averaged 7.46 percent in 2010

The banking sector spreads have averaged at 7.46 percent for the year 2010 as compared to 7.47 percent in 2009, a mere decline of 1bps. The average lending rates for the year stood at 13.39 percent in 2010, compared to 13.98 percent in 2009; while average
Published 28 Jan, 2011 12:00am
Banking sector spreads averaged 7.46 percent in 2010

Banking sector spreads averaged 7.46 percent in 2010

The banking sector spreads have averaged at 7.46 percent for the year 2010 as compared to 7.47 percent in 2009, a mere decline of 1bps. The average lending rates for the year stood at 13.39 percent in 2010, compared to 13.98 percent in 2009; while average
Published 28 Jan, 2011 12:00am
Banking sector spreads averaged 7.46 percent in 2010

Banking sector spreads averaged 7.46 percent in 2010

The banking sector spreads have averaged at 7.46 percent for the year 2010 as compared to 7.47 percent in 2009, a mere decline of 1bps. The average lending rates for the year stood at 13.39 percent in 2010, compared to 13.98 percent in 2009; while average
Published 28 Jan, 2011 12:00am
ISE Index falls by 10.71 points

ISE Index falls by 10.71 points

Losers outclassed gainers at the Islamabad Stock Exchange (ISE) where market moved in minus territory during day's sluggish session amid decrease in index. ISE Ten Index showed a decrease of 10.71 points as the ISE Ten Index moved from 3,088.12 to 3,077.4
Published 28 Jan, 2011 12:00am
ISE Index falls by 10.71 points

ISE Index falls by 10.71 points

Losers outclassed gainers at the Islamabad Stock Exchange (ISE) where market moved in minus territory during day's sluggish session amid decrease in index. ISE Ten Index showed a decrease of 10.71 points as the ISE Ten Index moved from 3,088.12 to 3,077.4
Published 28 Jan, 2011 12:00am
LSE index sheds 17.03 points

LSE index sheds 17.03 points

Bearish sentiments kept the equities under pressure on the Lahore Stock Exchange (LSE) on Thursday and lost their values on account of profit taking in selective shares of oil, banking and fertiliser sectors. The LSE-25 index lost 17.03 points to close at
Published 28 Jan, 2011 12:00am
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