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Print - 2011-05-06
Bin Laden's death was 'murder': Fidel Castro

Bin Laden's death was 'murder': Fidel Castro

Cuban revolution leader Fidel Castro, a fierce critic of US policy since taking power on the island more than 50 years ago, on Thursday called the killing of al Qaeda leader Osama bin Laden an "abominable act." Bin Laden was killed Monday by US special fo
Published 06 May, 2011 12:00am
Liquid foreign reserves decline by $72.1 million

Liquid foreign reserves decline by $72.1 million

Country''s liquid foreign reserves have declined by $72.1 million during the last week. State Bank of Pakistan on Thursday reported that the country''s totalled foreign reserves declined to $17.107 billion as on April 30, 2011, standing at $17.179 billion
Published 06 May, 2011 12:00am
Liquid foreign reserves decline by $72.1 million

Liquid foreign reserves decline by $72.1 million

Country's liquid foreign reserves have declined by $72.1 million during the last week. State Bank of Pakistan on Thursday reported that the country's totalled foreign reserves declined to $17.107 billion as on April 30, 2011, standing at $17.179 billion a
Published 06 May, 2011 12:00am
Liquid foreign reserves decline by $72.1 million

Liquid foreign reserves decline by $72.1 million

Country's liquid foreign reserves have declined by $72.1 million during the last week. State Bank of Pakistan on Thursday reported that the country's totalled foreign reserves declined to $17.107 billion as on April 30, 2011, standing at $17.179 billion a
Published 06 May, 2011 12:00am
Islamic banks'' NPF goes up by 38 percent

Islamic banks'' NPF goes up by 38 percent

Non-Performing Financing (NPF) of Islamic banks registered a massive increase of 38 percent during the last calendar year - 2010 mainly due to economic slowdown. "The phenomenal surge in the NPF is a caution for growing Islamic banking industry and requir
Published 06 May, 2011 12:00am
Islamic banks' NPF goes up by 38 percent

Islamic banks' NPF goes up by 38 percent

Non-Performing Financing (NPF) of Islamic banks registered a massive increase of 38 percent during the last calendar year - 2010 mainly due to economic slowdown. "The phenomenal surge in the NPF is a caution for growing Islamic banking industry and requir
Published 06 May, 2011 12:00am
Islamic banks' NPF goes up by 38 percent

Islamic banks' NPF goes up by 38 percent

Non-Performing Financing (NPF) of Islamic banks registered a massive increase of 38 percent during the last calendar year - 2010 mainly due to economic slowdown. "The phenomenal surge in the NPF is a caution for growing Islamic banking industry and requir
Published 06 May, 2011 12:00am
Lloyds takes $5.3 billion hit for insurance mis-selling

Lloyds takes $5.3 billion hit for insurance mis-selling

British bank Lloyds took a shock 3.2 billion pound ($5.3 billion) charge on Thursday to cover compensation for people sold insurance they could never claim or did not know they were buying. The hefty charge signalled far higher than expected costs for the
Published 06 May, 2011 12:00am
Lloyds takes $5.3 billion hit for insurance mis-selling

Lloyds takes $5.3 billion hit for insurance mis-selling

British bank Lloyds took a shock 3.2 billion pound ($5.3 billion) charge on Thursday to cover compensation for people sold insurance they could never claim or did not know they were buying. The hefty charge signalled far higher than expected costs for the
Published 06 May, 2011 12:00am
Lloyds takes $5.3 billion hit for insurance mis-selling

Lloyds takes $5.3 billion hit for insurance mis-selling

British bank Lloyds took a shock 3.2 billion pound ($5.3 billion) charge on Thursday to cover compensation for people sold insurance they could never claim or did not know they were buying. The hefty charge signalled far higher than expected costs for the
Published 06 May, 2011 12:00am
OGDCL Bonds: PQC evaluates RFP package

OGDCL Bonds: PQC evaluates RFP package

The Pre-Qualification Committee (PQC) constituted by the PC Board jointly administered by the Privatisation Commission (PC) and the Finance Division including members from SECP, PNR ministry and OGDCL.
Published 06 May, 2011 12:00am
OGDCL Bonds: PQC evaluates RFP package

OGDCL Bonds: PQC evaluates RFP package

The Pre-Qualification Committee (PQC) constituted by the PC Board jointly administered by the Privatisation Commission (PC) and the Finance Division including members from SECP, PNR ministry and OGDCL.
Published 06 May, 2011 12:00am
OGDCL Bonds: PQC evaluates RFP package

OGDCL Bonds: PQC evaluates RFP package

The Pre-Qualification Committee (PQC) constituted by the PC Board jointly administered by the Privatisation Commission (PC) and the Finance Division including members from SECP, PNR ministry and OGDCL.
Published 06 May, 2011 12:00am
OGDCL Bonds: PQC evaluates RFP package

OGDCL Bonds: PQC evaluates RFP package

The Pre-Qualification Committee (PQC) constituted by the PC Board jointly administered by the Privatisation Commission (PC) and the Finance Division including members from SECP, PNR ministry and OGDCL.
Published 06 May, 2011 12:00am
FBR may withdraw many more ST exemptions

FBR may withdraw many more ST exemptions

The Federal Board of Revenue (FBR) would be required to withdraw dozens of sales tax exemptions to implement the reformed general sales tax (RGST) in the coming budget (2011-2012). Tax experts told Business Recorder here on Thursday that the FBR ha
Published 06 May, 2011 12:00am
FBR may withdraw many more ST exemptions

FBR may withdraw many more ST exemptions

The Federal Board of Revenue (FBR) would be required to withdraw dozens of sales tax exemptions to implement the reformed general sales tax (RGST) in the coming budget (2011-2012). Tax experts told Business Recorder here on Thursday that the FBR ha
Published 06 May, 2011 12:00am
FBR may withdraw many more ST exemptions

FBR may withdraw many more ST exemptions

The Federal Board of Revenue (FBR) would be required to withdraw dozens of sales tax exemptions to implement the reformed general sales tax (RGST) in the coming budget (2011-2012). Tax experts told Business Recorder here on Thursday that the FBR ha
Published 06 May, 2011 12:00am
''GAT'' or ''MAT'' on assets likely in Budget

''GAT'' or ''MAT'' on assets likely in Budget

Federal Board of Revenue Member Inland Revenue Khawar Khurshid Butt said on Thursday the government was examining budget proposals threadbare to impose Gross Asset Tax (GAT) or a Minimum Alternate Tax (MAT) on assets in coming budget (2011-12).
Published 06 May, 2011 12:00am
'GAT' or 'MAT' on assets likely in Budget

'GAT' or 'MAT' on assets likely in Budget

Federal Board of Revenue Member Inland Revenue Khawar Khurshid Butt said on Thursday the government was examining budget proposals threadbare to impose Gross Asset Tax (GAT) or a Minimum Alternate Tax (MAT) on assets in coming budget (2011-12).
Published 06 May, 2011 12:00am
'GAT' or 'MAT' on assets likely in Budget

'GAT' or 'MAT' on assets likely in Budget

Federal Board of Revenue Member Inland Revenue Khawar Khurshid Butt said on Thursday the government was examining budget proposals threadbare to impose Gross Asset Tax (GAT) or a Minimum Alternate Tax (MAT) on assets in coming budget (2011-12).
Published 06 May, 2011 12:00am
Government urged to procure sugar through USC, TCP

Government urged to procure sugar through USC, TCP

The Ministry of Industries is reportedly proposing to the government to procure 100,000 tons of sugar from local mills through Utility Stores Corporation (USC) and Trading Corporation of Pakistan (TCP) to build strategic reserves, well-informed sources to
Published 06 May, 2011 12:00am
Government urged to procure sugar through USC, TCP

Government urged to procure sugar through USC, TCP

The Ministry of Industries is reportedly proposing to the government to procure 100,000 tons of sugar from local mills through Utility Stores Corporation (USC) and Trading Corporation of Pakistan (TCP) to build strategic reserves, well-informed sources to
Published 06 May, 2011 12:00am
Government urged to procure sugar through USC, TCP

Government urged to procure sugar through USC, TCP

The Ministry of Industries is reportedly proposing to the government to procure 100,000 tons of sugar from local mills through Utility Stores Corporation (USC) and Trading Corporation of Pakistan (TCP) to build strategic reserves, well-informed sources to
Published 06 May, 2011 12:00am
MoC keen to get MFN status for India

MoC keen to get MFN status for India

Commerce Ministry is reportedly showing extraordinary support for granting the Most Favoured Nation (MFN) status to India which has joined hands with Afghanistan to hurl accusations and threats to Pakistan subsequent to the killing of Osama bin Laden.
Published 06 May, 2011 12:00am
MoC keen to get MFN status for India

MoC keen to get MFN status for India

Commerce Ministry is reportedly showing extraordinary support for granting the Most Favoured Nation (MFN) status to India which has joined hands with Afghanistan to hurl accusations and threats to Pakistan subsequent to the killing of Osama bin Laden.
Published 06 May, 2011 12:00am
MoC keen to get MFN status for India

MoC keen to get MFN status for India

Commerce Ministry is reportedly showing extraordinary support for granting the Most Favoured Nation (MFN) status to India which has joined hands with Afghanistan to hurl accusations and threats to Pakistan subsequent to the killing of Osama bin Laden.
Published 06 May, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (May 05, 2011).

Published 06 May, 2011 12:00am
Economic, security partnership: Pakistan, France ink declarations

Economic, security partnership: Pakistan, France ink declarations

Pakistan and France on Thursday agreed on co-operation in security, trade and economic partnership in a bid to further broaden their bilateral relationship. Prime Minister Syed Yusuf Raza Gilani concluded his three-day official visit with the signing of a
Published 06 May, 2011 12:00am
Economic, security partnership: Pakistan, France ink declarations

Economic, security partnership: Pakistan, France ink declarations

Pakistan and France on Thursday agreed on co-operation in security, trade and economic partnership in a bid to further broaden their bilateral relationship. Prime Minister Syed Yusuf Raza Gilani concluded his three-day official visit with the signing of a
Published 06 May, 2011 12:00am
Economic, security partnership: Pakistan, France ink declarations

Economic, security partnership: Pakistan, France ink declarations

Pakistan and France on Thursday agreed on co-operation in security, trade and economic partnership in a bid to further broaden their bilateral relationship. Prime Minister Syed Yusuf Raza Gilani concluded his three-day official visit with the signing of a
Published 06 May, 2011 12:00am
Talks with IMF on 11th in Dubai

Talks with IMF on 11th in Dubai

The Inter-national Monetary Fund (IMF) mission will review economic and policy developments besides discussing the FY12 Budget with Pakistani authorities in Dubai," sources said. The security alert in Pakistan has risen considerably after the killing of O
Published 06 May, 2011 12:00am
Talks with IMF on 11th in Dubai

Talks with IMF on 11th in Dubai

The Inter-national Monetary Fund (IMF) mission will review economic and policy developments besides discussing the FY12 Budget with Pakistani authorities in Dubai," sources said. The security alert in Pakistan has risen considerably after the killing of O
Published 06 May, 2011 12:00am
Talks with IMF on 11th in Dubai

Talks with IMF on 11th in Dubai

The Inter-national Monetary Fund (IMF) mission will review economic and policy developments besides discussing the FY12 Budget with Pakistani authorities in Dubai," sources said. The security alert in Pakistan has risen considerably after the killing of O
Published 06 May, 2011 12:00am
Billions of dollars of aid at stake

Billions of dollars of aid at stake

Pakistan's Washington lobbyists have launched an intense campaign on Capitol Hill to counter accusations that Islamabad was complicit in giving refuge to Osama bin Laden. Alarmed by lawmakers' demands to cut off billions of dollars of US aid after bin Lad
Published 06 May, 2011 12:00am
Billions of dollars of aid at stake

Billions of dollars of aid at stake

Pakistan's Washington lobbyists have launched an intense campaign on Capitol Hill to counter accusations that Islamabad was complicit in giving refuge to Osama bin Laden. Alarmed by lawmakers' demands to cut off billions of dollars of US aid after bin Lad
Published 06 May, 2011 12:00am
China urges world to back Pakistan

China urges world to back Pakistan

China reaffirmed its support on Thursday for efforts by its ally Pakistan to combat terrorism after the killing of al Qaeda leader Osama bin Laden by US forces, and urged the world to help Islamabad. Foreign ministry spokeswoman Jiang Yu stopped short of
Published 06 May, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (May 05, 2011).

Published 06 May, 2011 12:00am
China urges world to back Pakistan

China urges world to back Pakistan

China reaffirmed its support on Thursday for efforts by its ally Pakistan to combat terrorism after the killing of al Qaeda leader Osama bin Laden by US forces, and urged the world to help Islamabad. Foreign ministry spokeswoman Jiang Yu stopped short of
Published 06 May, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (May 05, 2011).
Published 06 May, 2011 12:00am
Pakistan needs support 'more than ever': EU

Pakistan needs support 'more than ever': EU

Pakistan "more than ever" needs support in its efforts to combat terrorism and bolster democracy following the killing of al Qaeda leader Osama bin Laden, the European Union said Thursday. While the US operation on Pakistani soil "has raised questions" on
Published 06 May, 2011 12:00am
Pakistan needs support 'more than ever': EU

Pakistan needs support 'more than ever': EU

Pakistan "more than ever" needs support in its efforts to combat terrorism and bolster democracy following the killing of al Qaeda leader Osama bin Laden, the European Union said Thursday. While the US operation on Pakistani soil "has raised questions" on
Published 06 May, 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 Thursday (May 05, 2011).

Published 06 May, 2011 12:00am
No firm evidence of Pakistani complicity: Pentagon

No firm evidence of Pakistani complicity: Pentagon

The US has no ``definitive evidence'' that Pakistan knew Osama bin Laden had been living in the compound where a Navy SEALs assault team killed him, but the Pakistanis must now show convincingly their commitment to defeating the al Qaida terrorist network
Published 06 May, 2011 12:00am
No firm evidence of Pakistani complicity: Pentagon

No firm evidence of Pakistani complicity: Pentagon

The US has no ``definitive evidence' that Pakistan knew Osama bin Laden had been living in the compound where a Navy SEALs assault team killed him, but the Pakistanis must now show convincingly their commitment to defeating the al Qaida terrorist network,
Published 06 May, 2011 12:00am
Bin Laden death shows US 'never' forgets: Obama

Bin Laden death shows US 'never' forgets: Obama

US President Barack Obama on Thursday hailed the death of al Qaeda leader Osama bin Laden as a message to terrorists everywhere that America will never forget the September 11, 2001 attacks. "What happened on Sunday. sent a message around the world, but a
Published 06 May, 2011 12:00am
Bin Laden death shows US 'never' forgets: Obama

Bin Laden death shows US 'never' forgets: Obama

US President Barack Obama on Thursday hailed the death of al Qaeda leader Osama bin Laden as a message to terrorists everywhere that America will never forget the September 11, 2001 attacks. "What happened on Sunday. sent a message around the world, but a
Published 06 May, 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 Thursday (May 05, 2011).

Published 06 May, 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 Thursday (May 05, 2011).

Published 06 May, 2011 12:00am
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