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Print - 2011-03-27
Seafood exports in trouble

Seafood exports in trouble

According to a Recorder Report, authorities in Jeddah have banned fresh seafood imports from Pakistan, citing poor quality and smaller size of fish as reasons for the ban. This could lead the other Saudi city Riyadh - which together with Jeddah, is
Published 27 Mar, 2011 12:00am
Failing to plan is planning to fail

Failing to plan is planning to fail

Dr Nadeem Ul Haque, Deputy Chairman, Planning Commission, is a well-known Pakistani economist with extensive experience in the international policy and research environment. In a 27-year career at the IMF, he served as Advisor in the Research Department a
Published 27 Mar, 2011 12:00am
Industrial cooperation with CARs

Industrial cooperation with CARs

Since the independence of the Central Asian Republics (CARs) in 1991, Pakistan has been eager to develop close economic relations with the Islamic brotherly and friendly states. It was in this backdrop that a number of agreements were signed by Pakistan w
Published 27 Mar, 2011 12:00am
Gilani's visit to Uzbekistan

Gilani's visit to Uzbekistan

Pakistan and Uzbekistan are inevitable natural economic partners because of their presence in a strategically vital region of energy and transit trade. The future of economic relations between them seems promising. This, however, largely depends on the si
Published 27 Mar, 2011 12:00am
'Quaid' of the young nation

'Quaid' of the young nation

Quaid-e-Azam's care, consideration and counselling for children, especially for the youth, knew no bounds. There is one enlightening story after another how he advised, counselled, groomed and rejuvenated the young nation during the Pakistan Movement and
Published 27 Mar, 2011 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 27 Mar, 2011 12:00am
Cricket diplomacy

Cricket diplomacy

Indian Prime Minister DR Manmohan Singh will be attending the World Cup semi-final match between Pakistan and India to be held in Mohali on Wednesday March 30 and he has sent an invitation to both Pakistani President Asif Ali Zardari and Prime Minister Yo
Published 27 Mar, 2011 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 Commi
Published 27 Mar, 2011 12:00am
II

II

The people of Pakistan are suffering from cricket fever as usual in view of semi-final match between Pakistan and India scheduled on March 30 at Mohali (India). The record shows the Pakistanis have always treated such matches with India as a fight between
Published 27 Mar, 2011 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 Saturday (March 26, 2011).

Published 27 Mar, 2011 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 Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Government urged to release Rs two billion for CDGK projects

Government urged to release Rs two billion for CDGK projects

The DCO, Karachi, Muhammad Husain Syed has urged the government to release Rs 2 billion allocated under Annual Development Programme (ADP) to City District Government Karachi (CDGK) to complete ongoing development projects.
Published 27 Mar, 2011 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 Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Anomalies in SRO: 'goods worth millions of dollars stuck at ports'

Anomalies in SRO: 'goods worth millions of dollars stuck at ports'

As many as 200 containers loaded with chemicals and raw skins worth million of dollars are presently stuck at different ports which could not be released mainly because of lacking understanding and comprehension of the SRO 231 (1) 201. Pakistan Tanners As
Published 27 Mar, 2011 12:00am
Cotton production plan: special body to brief President on March 28

Cotton production plan: special body to brief President on March 28

The committee on cotton sector is all set to make a detailed presentation to President Asif Ali Zardari on March 28 on a plan of action for improvement in cotton production per hectare. The committee comprises Chairman All Pakistan Textile Mills Associati
Published 27 Mar, 2011 12:00am
'CDGK not the only stakeholder of Karachi'

'CDGK not the only stakeholder of Karachi'

City District Government Karachi (CDGK) is not the only stakeholder of Karachi but Sindh government, federal government and private sector are also running many projects in the city, Dr Nasir Javed Executive District Officer (EDO) Health said here on Satu
Published 27 Mar, 2011 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 Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Eloped couple among four killed in city

Eloped couple among four killed in city

At least four people including an eloped couple and a minor girl were killed in different incidents in the metropolis here on Saturday. According to details, the strangled bodies of the eloped couple, which were covered in carpets, were recovered from the
Published 27 Mar, 2011 12:00am
31st fixed for renewal of membership

31st fixed for renewal of membership

Dr M Ali Chang, Secretary General of Hyderabad Chamber of Commerce & Industry said that under the Trade Organisation Rules 2007 the renewal date of the membership was fixed as 31-03-2011. He said that Corporate Class members should submit Income Tax and S
Published 27 Mar, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (March 26, 2011).
Published 27 Mar, 2011 12:00am
Independence, impartiality of judiciary a must for justice: CJP

Independence, impartiality of judiciary a must for justice: CJP

Chief Justice Iftikhar Muhammad Chaudhry has said that independence and impartiality of judiciary is prerequisite for free, fair and impartial dispensation of justice. Speaking at National Judicial (Policy Making) Committee here on Saturday, he said provi
Published 27 Mar, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
PSO joins Earth Hour campaign

PSO joins Earth Hour campaign

Pakistan State Oil joined the Earth Hour campaign to spread awareness on climate change and inculcate responsible behaviour amongst its employees on March 26, 2011. In keeping with its theme 'The earth needs a break' all lights were switched off at PSO He
Published 27 Mar, 2011 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Notorious Lyari gangster held, weapons recovered

Notorious Lyari gangster held, weapons recovered

The Counter Terrorism Unit (CTU) of Crime Investigation Department (CID) on Saturday claimed to have arrested a notorious Lyari gangster and recovered huge cache of weapons from his possession. According to CID police, a team head by SSP CID CTU Chauhdry
Published 27 Mar, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Pakistan expresses concern over use of force against Libya

Pakistan expresses concern over use of force against Libya

Pakistan on Saturday expressed concern over the use of force against Libya and feared that the wave of unrest in Middle East and North African countries could also engulf the country. Briefing Senate's Standing Committee on Foreign Affairs here at the Par
Published 27 Mar, 2011 12:00am
Artwork exhibition of Jimmy Engineer held

Artwork exhibition of Jimmy Engineer held

Selected art work exhibition of prominent Pakistani artist of international repute Jimmy Engineer titled "A Journey" was held at the Aitchison College to kick off the Founders Day celebrations of the 125 years old great educational institution of the sub-
Published 27 Mar, 2011 12:00am
'BISP poverty survey in Khyber Pakhtunkhwa in April'

'BISP poverty survey in Khyber Pakhtunkhwa in April'

The process of nation-wide poverty survey under Benazir Income Support Programme (BISP) in Federally Administered Tribal Areas would be started in the month of April. As a result, deserving families would get registered with BISP as beneficiaries and will
Published 27 Mar, 2011 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee gave up its overnight firmness against dollar on the interbank market due to heavy buying of the greenback, dealers said. The rupee lost 20 paisa versus the US currency for buying and selling at 85.35 and 85.40 in process of trading, they said.
Published 27 Mar, 2011 12:00am
UAE remains committed with Pakistan: Al-Khoory

UAE remains committed with Pakistan: Al-Khoory

Mohammed Abdul Khaleq Al-Khoory, Director General of Office of H.H. Sheikh Nahyan Bin Zayed Al-Nahyan has said that law and order situation and insecurity was not an issue for UAE investors in Pakistan. The negative perception about Pakistan, which is bei
Published 27 Mar, 2011 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee gave up its overnight firmness against dollar on the interbank market due to heavy buying of the greenback, dealers said. The rupee lost 20 paisa versus the US currency for buying and selling at 85.35 and 85.40 in process of trading, they said.
Published 27 Mar, 2011 12:00am
Capital police to take part in afforestation activities

Capital police to take part in afforestation activities

Inspector General of Police (IGP) Islamabad Wajid Ali Durrani said that Islamabad police always took part in activities of national importance, a part from playing its role for raising mass awareness about environment and climate change.
Published 27 Mar, 2011 12:00am
Multi-storied Aman Tower at IBA inaugurated

Multi-storied Aman Tower at IBA inaugurated

The groundbreaking ceremony of multi-storied Aman Tower was held on Friday March 25, 2011 at IBA City Campus. This started a new chapter of collaboration between a philanthropic enterprise and the educational institution. The audience was pleasantly welco
Published 27 Mar, 2011 12:00am
Thrashing of a woman: LHCBA asked to form probe committee

Thrashing of a woman: LHCBA asked to form probe committee

A member Lahore High Court Bar Association (LHCBA), Nasir Khan Banuzai, has approached the bar president requesting him to constitute a committee for enquiry into the matter of thrashing of a woman. Nasir also asked the bar president to publish clarificat
Published 27 Mar, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 27 Mar, 2011 12:00am
Delay in passport issuance: DGIP passes the buck to Nadra

Delay in passport issuance: DGIP passes the buck to Nadra

The Directorate General of Immigration and Passports (DGIP) has passed the blame of delay in passport issuance and heavy backlog on National Database and Registration Authority (Nadra), saying that the disruption in online verification system of Nadra is
Published 27 Mar, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 27 Mar, 2011 12:00am
Mock exams: parents unhappy about mismanagement at centres

Mock exams: parents unhappy about mismanagement at centres

Parents and school representatives were seen at the Board of Secondary Education Karachi (BSEK)'s premises having complains of mismanagement at centres during the first ever mock examination in the history of secondary board conducted on March 25, here on
Published 27 Mar, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Construction of hospital for cleft lip, palate patients begins

Construction of hospital for cleft lip, palate patients begins

Pakistan Cleft-lip and cleft-palate Association has started construction of a state of the art hospital for the cleft lip and palate patients here on Saturday. The foundation stone laying ceremony was attended by top Pakistani and British plastic surgeons
Published 27 Mar, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
NPO organises workshop

NPO organises workshop

National Productivity Organisation (NPO) in collaboration with Hyderabad Chamber of Commerce & Industry organised one day workshop on "Quality & Productivity Improvement Techniques" at Hyderabad Secretariat on Saturday. This programme was organised to out
Published 27 Mar, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Bank cashier runs away with Rs 4.5 million cash

Bank cashier runs away with Rs 4.5 million cash

A bank cashier on Saturday ran away with Rs 4.5 million cash from a branch of a private bank at Gulshan-e-Hadeed in the limits of Steel Town police station. According to police, cashier Saeed Hussain escaped with Rs 4.5 million cash, which was given by th
Published 27 Mar, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Makro organises family extravaganza

Makro organises family extravaganza

Makro-Habib Pakistan celebrated second anniversary of their Model Town Branch with great zeal and enthusiasm as "the store has established a benchmark of engaging the customers and employees to become a part of the Makro family", said Jamal Siddiqui, Mana
Published 27 Mar, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Sialkot-Lahore Motorway Project in the doldrums

Sialkot-Lahore Motorway Project in the doldrums

Socio-political circles have expressed deep concern on inordinate delay in initiating mega project of Sialkot-Lahore motorway and Swedish Engineering University projects without any solid reasons. Sialkot-Lahore Motorway is of immense importance for socio
Published 27 Mar, 2011 12:00am
Mohali security ramped up for Pakistan-India clash

Mohali security ramped up for Pakistan-India clash

Around 3,000 police will patrol Wednesday's high-profile India-Pakistan World Cup semi-final, the first match between the two arch-rivals on Indian soil since the 2008 Mumbai attacks. Some 2,000 security personnel are expected to be deployed in and around
Published 27 Mar, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Hafeez backs bowlers to lead Pakistan to glory

Hafeez backs bowlers to lead Pakistan to glory

Mohammad Hafeez is confident Pakistan can overcome India when the arch-rivals meet in the World Cup semi-finals on Wednesday thanks to the "strongest bowling attack in the world". Pakistan, the 1992 champions, possess a bowling line-up for pretty much all
Published 27 Mar, 2011 12:00am
Shoaib Akhtar should play against India: Wasim Akram

Shoaib Akhtar should play against India: Wasim Akram

Former skipper and pacer Wasim Akram feels that Pakistan should include retiring pacer Shoaib Akhtar in the semi-final against India. In an interview to Mobile ESPN, Akram said: "May be Pakistan will play Akhtar against India. I feel he deserves a place f
Published 27 Mar, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Sri Lanka take semis berth

Sri Lanka take semis berth

Openers Tillakaratne Dilshan and Upul Tharanga hit brilliant hundreds to guide Sri Lanka to an emphatic 10-wicket win over England which eased them into the World Cup semi-finals on Saturday. The 1996 champions restricted England to 229-6 before romping h
Published 27 Mar, 2011 12:00am
Sri Lanka take semis berth

Sri Lanka take semis berth

Openers Tillakaratne Dilshan and Upul Tharanga hit brilliant hundreds to guide Sri Lanka to an emphatic 10-wicket win over England which eased them into the World Cup semi-finals on Saturday. The 1996 champions restricted England to 229-6 before romping h
Published 27 Mar, 2011 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 26, 2011).

Published 27 Mar, 2011 12:00am
Mills, Vettori and du Plessis fined heavily

Mills, Vettori and du Plessis fined heavily

New Zealand's Kyle Mills and Daniel Vettori and South African Faf du Plessis have been heavily fined for an altercation during Friday's World Cup quarter-final in Dhaka, the ICC said on Saturday. Mills has been fined 120 percent of his match fee for "inap
Published 27 Mar, 2011 12:00am
Bad boy Mills limps out of World Cup

Bad boy Mills limps out of World Cup

New Zealand seamer Kyle Mills was ruled out of the World Cup through injury on Saturday, just hours after being heavily fined for an angry bust-up in the quarter-final win over South Africa. Paceman Andy McKay has been called up as a replacement, the Inte
Published 27 Mar, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

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

Published 27 Mar, 2011 12:00am
Djokovic wins 19th straight match

Djokovic wins 19th straight match

Unstoppable Novak Djokovic won his 19th straight match this season as he crushed Denis Istomin of Uzbekistan 6-0, 6-1 on Friday to make a dominant start at the $9 million Miami WTA and ATP Masters. In a match played after some of tennis' top players perso
Published 27 Mar, 2011 12:00am
Armenia hold toothless Russia to 0-0 draw

Armenia hold toothless Russia to 0-0 draw

Misfiring Russia were held to a 0-0 draw by hard-working Armenia in their Euro 2012 qualifier on Saturday, missing a chance to extend their lead in Group B. The top-seeded Russians now have 10 points from five matches while Armenia surprisingly moved into
Published 27 Mar, 2011 12:00am
England take top position

England take top position

England swept back to the top of their Euro 2012 qualifying group when they outclassed Wales 2-0 at the Millennium Stadium on Saturday after early goals from Frank Lampard and Darren Bent killed the game as a contest. Lampard put a new-look 4-3-3 England
Published 27 Mar, 2011 12:00am
Ireland to face Pakistan in One-dayers

Ireland to face Pakistan in One-dayers

Irish cricket has received another boost with the announcement Ireland will host World Cup semi-finalists Pakistan in a two-match One-day international series in May. Both matches, on May 27 and May 29, will take place at Stormont, Belfast. The latest add
Published 27 Mar, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 27 Mar, 2011 12:00am
Ponting says his fate is in selectors' hands

Ponting says his fate is in selectors' hands

Embattled Australia captain Ricky Ponting says his fate is now in selectors' hands but urged them not to "clear the decks" following his team's quarter-final exit from the cricket World Cup. Ponting's fighting century during Australia's loss to India on T
Published 27 Mar, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (March 26, 2011) and the forecast for Sunday (March 27, 2011).

Published 27 Mar, 2011 12:00am
No peace agreement until prisoners released: Abbas

No peace agreement until prisoners released: Abbas

Palestinian President Mahmud Abbas on Saturday declared the issue of prisoners to be a top priority and that there would be no peace agreement with Israel until the issue was resolved. "There will be no peace until all Palestinian prisoners are freed from
Published 27 Mar, 2011 12:00am
Mass anti-nuclear demonstrations up pressure on Merkel

Mass anti-nuclear demonstrations up pressure on Merkel

Tens of thousands of Germans took to the streets Saturday to protest against nuclear power, increasing the pressure on Chancellor Angela Merkel on the eve of a critical state election. Under the banner "Fukushima Means: No More Nuclear Power Stations," ma
Published 27 Mar, 2011 12:00am
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