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Print - 2011-04-10
Etisalat expected to release $800 million by June end

Etisalat expected to release $800 million by June end

The government has received positive indication that $800 million, pending from sale proceeds in Pakistan Telecommunication Company (PTCL), would be released by the end of the current fiscal year, which may provide a cushion to the declining foreign inves
Published 10 Apr, 2011 12:00am
Joint Pak-US intelligence operations come to halt

Joint Pak-US intelligence operations come to halt

Joint US-Pakistan intelligence operations have been halted since late January, a senior Pakistani intelligence officer said, reflecting strain in a relationship seen as crucial to combating militants and the war in Afghanistan.
Published 10 Apr, 2011 12:00am
Joint Pak-US intelligence operations come to halt

Joint Pak-US intelligence operations come to halt

Joint US-Pakistan intelligence operations have been halted since late January, a senior Pakistani intelligence officer said, reflecting strain in a relationship seen as crucial to combating militants and the war in Afghanistan.
Published 10 Apr, 2011 12:00am
Gas shortfall of 2.7bcfd a day feared by 2015

Gas shortfall of 2.7bcfd a day feared by 2015

Ministry of Petroleum (MoP) fears a worsening energy crisis with gas shortfall swelling to 2.7 billion cubic feet day (bcfd) by 2015. "At present, the average shortfall is in the range of 500 to 900 mmcfd on constrained basis which may increase to 2700 mm
Published 10 Apr, 2011 12:00am
Gas shortfall of 2.7bcfd a day feared by 2015

Gas shortfall of 2.7bcfd a day feared by 2015

Ministry of Petroleum (MoP) fears a worsening energy crisis with gas shortfall swelling to 2.7 billion cubic feet day (bcfd) by 2015. "At present, the average shortfall is in the range of 500 to 900 mmcfd on constrained basis which may increase to 2700 mm
Published 10 Apr, 2011 12:00am
Gas shortfall of 2.7bcfd a day feared by 2015

Gas shortfall of 2.7bcfd a day feared by 2015

Ministry of Petroleum (MoP) fears a worsening energy crisis with gas shortfall swelling to 2.7 billion cubic feet day (bcfd) by 2015. "At present, the average shortfall is in the range of 500 to 900 mmcfd on constrained basis which may increase to 2700 mm
Published 10 Apr, 2011 12:00am
Late US budget deal avoids costly shutdown

Late US budget deal avoids costly shutdown

US President Barack Obama and congressional leaders struck a last-minute budget deal on Friday to narrowly avert a government shutdown that would have hit the economy and idled hundreds of thousands of workers With a little over an hour to spare before a
Published 10 Apr, 2011 12:00am
Late US budget deal avoids costly shutdown

Late US budget deal avoids costly shutdown

US President Barack Obama and congressional leaders struck a last-minute budget deal on Friday to narrowly avert a government shutdown that would have hit the economy and idled hundreds of thousands of workers With a little over an hour to spare before a
Published 10 Apr, 2011 12:00am
Late US budget deal avoids costly shutdown

Late US budget deal avoids costly shutdown

US President Barack Obama and congressional leaders struck a last-minute budget deal on Friday to narrowly avert a government shutdown that would have hit the economy and idled hundreds of thousands of workers With a little over an hour to spare before a
Published 10 Apr, 2011 12:00am
Rs 151.2 billion tax collection target fixed for April

Rs 151.2 billion tax collection target fixed for April

The Federal Board of Revenue (FBR) has fixed Rs 151.2 billion revenue collection target for April 2011, against Rs 116.9 billion of April 2010, reflecting an increase of 27 percent. Sources told Business Recorder here on Saturday that the target of
Published 10 Apr, 2011 12:00am
Rs 151.2 billion tax collection target fixed for April

Rs 151.2 billion tax collection target fixed for April

The Federal Board of Revenue (FBR) has fixed Rs 151.2 billion revenue collection target for April 2011, against Rs 116.9 billion of April 2010, reflecting an increase of 27 percent. Sources told Business Recorder here on Saturday that the target of
Published 10 Apr, 2011 12:00am
Rs 151.2 billion tax collection target fixed for April

Rs 151.2 billion tax collection target fixed for April

The Federal Board of Revenue (FBR) has fixed Rs 151.2 billion revenue collection target for April 2011, against Rs 116.9 billion of April 2010, reflecting an increase of 27 percent. Sources told Business Recorder here on Saturday that the target of
Published 10 Apr, 2011 12:00am
Pakistan''s exports register historic high

Pakistan''s exports register historic high

Pakistan achieved highest ever monthly exports of $2.5 billion in March 2011. Pakistan''s exports during March 2011 stood at $2.497 billion, which was 41.1 per cent higher than the level of $1.77 billion during March 2010. Imports during March 2011 were $
Published 10 Apr, 2011 12:00am
Pakistan's exports register historic high

Pakistan's exports register historic high

Pakistan achieved highest ever monthly exports of $2.5 billion in March 2011. Pakistan's exports during March 2011 stood at $2.497 billion, which was 41.1 per cent higher than the level of $1.77 billion during March 2010. Imports during March 2011 were $3
Published 10 Apr, 2011 12:00am
Pakistan's exports register historic high

Pakistan's exports register historic high

Pakistan achieved highest ever monthly exports of $2.5 billion in March 2011. Pakistan's exports during March 2011 stood at $2.497 billion, which was 41.1 per cent higher than the level of $1.77 billion during March 2010. Imports during March 2011 were $3
Published 10 Apr, 2011 12:00am
Record $1.052 billion remittances received in March

Record $1.052 billion remittances received in March

Overseas Pakistani workers remitted $1.052 billion in March, 2011, as against $763.72 million of March 2010, showing a tremendous jump of $289.16 million, or almost 38 percent. This is the first time in the country''s history when workers'' remittances ha
Published 10 Apr, 2011 12:00am
Record $1.052 billion remittances received in March

Record $1.052 billion remittances received in March

Overseas Pakistani workers remitted $1.052 billion in March, 2011, as against $763.72 million of March 2010, showing a tremendous jump of $289.16 million, or almost 38 percent. This is the first time in the country's history when workers' remittances have
Published 10 Apr, 2011 12:00am
Record $1.052 billion remittances received in March

Record $1.052 billion remittances received in March

Overseas Pakistani workers remitted $1.052 billion in March, 2011, as against $763.72 million of March 2010, showing a tremendous jump of $289.16 million, or almost 38 percent. This is the first time in the country's history when workers' remittances have
Published 10 Apr, 2011 12:00am
Trade deficit swells to $11.217 billion

Trade deficit swells to $11.217 billion

The country registered overall 1.65 percent (in dollar terms) increment in trade deficit at the end of third quarter of the current fiscal year. In other words, the balance of trade has swelled to $11.217 billion during first nine month of 2010-11.
Published 10 Apr, 2011 12:00am
Trade deficit swells to $11.217 billion

Trade deficit swells to $11.217 billion

The country registered overall 1.65 percent (in dollar terms) increment in trade deficit at the end of third quarter of the current fiscal year. In other words, the balance of trade has swelled to $11.217 billion during first nine month of 2010-11.
Published 10 Apr, 2011 12:00am
Trade deficit swells to $11.217 billion

Trade deficit swells to $11.217 billion

The country registered overall 1.65 percent (in dollar terms) increment in trade deficit at the end of third quarter of the current fiscal year. In other words, the balance of trade has swelled to $11.217 billion during first nine month of 2010-11.
Published 10 Apr, 2011 12:00am
Implications of wealth tax imposition: FBR starts consultative process

Implications of wealth tax imposition: FBR starts consultative process

The Federal Board of Revenue (FBR) has started consultative process with top economic experts, including tax consultants, retired income tax officials, chartered accountants and economists, to check the economic implications of wealth tax imposition.
Published 10 Apr, 2011 12:00am
Implications of wealth tax imposition: FBR starts consultative process

Implications of wealth tax imposition: FBR starts consultative process

The Federal Board of Revenue (FBR) has started consultative process with top economic experts, including tax consultants, retired income tax officials, chartered accountants and economists, to check the economic implications of wealth tax imposition.
Published 10 Apr, 2011 12:00am
Implications of wealth tax imposition: FBR starts consultative process

Implications of wealth tax imposition: FBR starts consultative process

The Federal Board of Revenue (FBR) has started consultative process with top economic experts, including tax consultants, retired income tax officials, chartered accountants and economists, to check the economic implications of wealth tax imposition.
Published 10 Apr, 2011 12:00am
Your rupee last month

Your rupee last month

Following currency fluctuations took place in foreign exchange rates during the last month. (March 1 to 31, 2011)

Published 10 Apr, 2011 12:00am
USAS only for regular filers: FBR may propose change

USAS only for regular filers: FBR may propose change

The Federal Board of Revenue is planning to propose a major change in the Universal Self Assessment Scheme (USAS) of the Income Tax Ordinance 2001 by restricting the USAS to only regular filers of income tax returns/statements while non-filers should be e
Published 10 Apr, 2011 12:00am
The Weather

The Weather

The weather report on Saturday (April 09, 2011) and the forecast for Sunday (April 10, 2011).

Published 10 Apr, 2011 12:00am
USAS only for regular filers: FBR may propose change

USAS only for regular filers: FBR may propose change

The Federal Board of Revenue is planning to propose a major change in the Universal Self Assessment Scheme (USAS) of the Income Tax Ordinance 2001 by restricting the USAS to only regular filers of income tax returns/statements while non-filers should be e
Published 10 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
USAS only for regular filers: FBR may propose change

USAS only for regular filers: FBR may propose change

The Federal Board of Revenue is planning to propose a major change in the Universal Self Assessment Scheme (USAS) of the Income Tax Ordinance 2001 by restricting the USAS to only regular filers of income tax returns/statements while non-filers should be e
Published 10 Apr, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
Arab League to host Libya conference on April 14

Arab League to host Libya conference on April 14

The Arab League on Saturday announced it would next week host a conference on war-wracked Libya, which will be attended by UN chief Ban Ki-moon and the European Union foreign policy chief Catherine Ashton. The April 14 gathering will focus on political so
Published 10 Apr, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
Arab League to host Libya conference on April 14

Arab League to host Libya conference on April 14

The Arab League on Saturday announced it would next week host a conference on war-wracked Libya, which will be attended by UN chief Ban Ki-moon and the European Union foreign policy chief Catherine Ashton. The April 14 gathering will focus on political so
Published 10 Apr, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Saturday (April 09, 2011) and for Sunday (April 10, 2011).
Published 10 Apr, 2011 12:00am
Egyptians turn anger on army in Cairo protest

Egyptians turn anger on army in Cairo protest

Thousands of protesters turned their anger on the army on Saturday demanding that Egypt's ruling military council hand power to civilians and pressing for former President Hosni Mubarak to be put on trial. The army, which has ruled Egypt since Mubarak was
Published 10 Apr, 2011 12:00am
Egyptians turn anger on army in Cairo protest

Egyptians turn anger on army in Cairo protest

Thousands of protesters turned their anger on the army on Saturday demanding that Egypt's ruling military council hand power to civilians and pressing for former President Hosni Mubarak to be put on trial. The army, which has ruled Egypt since Mubarak was
Published 10 Apr, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 09, 2011).

Published 10 Apr, 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 (April 09, 2011).

Published 10 Apr, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (April 09, 2011).

Published 10 Apr, 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 (April 09, 2011).

Published 10 Apr, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

The dollar managed to recover some ground as the rupee shed modestly against dollar on the interbank market on Saturday, experts said. The rupee lost 15 paisa versus dollar for buying at 84.97 and fell by 17 paisa for selling at 85.02, they said.
Published 10 Apr, 2011 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

The dollar managed to recover some ground as the rupee shed modestly against dollar on the interbank market on Saturday, experts said. The rupee lost 15 paisa versus dollar for buying at 84.97 and fell by 17 paisa for selling at 85.02, they said.
Published 10 Apr, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (April 09, 2011).

Published 10 Apr, 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 (April 09, 2011).

Published 10 Apr, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (April 09, 2011).

Published 10 Apr, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (April 09, 2011).
Published 10 Apr, 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 (April 09, 2011).

Published 10 Apr, 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 (April 09, 2011).

Published 10 Apr, 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 (April 09, 2011).

Published 10 Apr, 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 (April 09, 2011).

Published 10 Apr, 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 10 Apr, 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 10 Apr, 2011 12:00am
Oil cake market rates

Oil cake market rates

The May vaida was up and July contract was unchanged on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The May vaida that had closed at Rs 1327.50 opened with a gain of 30 paisa at Rs 1327.80. The July contract whic
Published 10 Apr, 2011 12:00am
Insipid business witnessed on cotton market

Insipid business witnessed on cotton market

Slow trading was seen on the cotton market on Saturday as mills are still double minded due to rising asking prices by the ginners, dealers said. Karachi Cotton Association (KCA) official spot rate was steady at Rs 12,500, they said. In Sindh and Punjab p
Published 10 Apr, 2011 12:00am
Prices move both ways on grain market

Prices move both ways on grain market

Most of the commodity items tended higher on the local wholesale grain market on Saturday in process of modest trading, dealers said. On the cereal side wheat old Bardan was quoted lower at Rs 2375 and wheat new Bardan also registered down at Rs 2390, oth
Published 10 Apr, 2011 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Friday, shrugging off earlier losses due to bearish US soyabean data to climb with soya and crude oil futures. Nearby May canola notched a 0.3 percent weekly loss, its first in four weeks despite Friday's gain.
Published 10 Apr, 2011 12:00am
Cocoa butter prices fall in Asia

Cocoa butter prices fall in Asia

Cocoa butter prices eased in Asia as chocolate makers have finished stocking up for the Easter holiday, dealers said on Friday, while heavy rain in Indonesia's main cocoa-growing areas of Sulawesi is likely to push back the start of its main harvest to en
Published 10 Apr, 2011 12:00am
Cameroon cocoa exports up

Cameroon cocoa exports up

Cocoa exports from Cameroon, the world's No 5 grower, hit 186,305 tonnes by the end of March from the start of the season in August, up 21 percent year-on-year, according to official figures on Friday. Some 2,215 tonnes were exported in March alone, accor
Published 10 Apr, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 91,041 tonnes of cargo including 45,549 tonnes of import cargo, 45,492 tonnes of export cargo and 3,294 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 45,549 tonnes compri
Published 10 Apr, 2011 12:00am
US Midwest bids for corn, soyabean largely flat

US Midwest bids for corn, soyabean largely flat

Spot basis bids for corn and soyabeans stayed largely unchanged in the US Midwest on Friday and farmer offerings were light, with dealers reporting only scattered sales of both commodities. River bids were mostly unchanged although the soya basis fell 2 c
Published 10 Apr, 2011 12:00am
Soyabean export premiums firm

Soyabean export premiums firm

Soyabean export premiums at the US Gulf Coast were firm on Friday, rising in tandem with a higher CIF barge market despite sluggish export demand for US supplies, traders said. CIF soyabean basis bids firmed in the second half of this week on tight suppli
Published 10 Apr, 2011 12:00am
Vietnam tightens dollar holdings, caps interest rate

Vietnam tightens dollar holdings, caps interest rate

Vietnam will force banks to keep more reserves against their foreign currency deposits from next month and impose a ceiling on dollar deposit rates, the central bank said, as it moves to curb dollarisation and ease pressure on the domestic currency.
Published 10 Apr, 2011 12:00am
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