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Print - 2011-07-09
Politicians call for unity to face challenges

Politicians call for unity to face challenges

Leading political leaders of Pakistan on Thursday underscored the need for unity and oneness to surmount various challenges confronting the country. Speaking at a reception hosted in their honour by Pakistan High Commissioner to the UK Wajid Shamsul Hasan
Published 09 Jul, 2011 12:00am
Shipping in-out transportation resumed full scale

Shipping in-out transportation resumed full scale

The strike-breakers are said to have continued steering the foreign ships into the country's largest harbour on Friday, whereas Karachi Port Trust (KPT) claims it has reached an agreement with the masters of the pilot boats to end their strike the other n
Published 09 Jul, 2011 12:00am
Kharif crops: PPCBL provides Rs 1.57 billion agri loans

Kharif crops: PPCBL provides Rs 1.57 billion agri loans

Punjab Provincial Co-operative Bank Ltd provided Rs 1.5782 billion agriculture loans to 67,800 small farmers through 9,064 co-operative societies till 30th June 2011 for sowing and maturing Kharif crops including cotton, rice, sugarcane, maize and vegetab
Published 09 Jul, 2011 12:00am
Global HR Conference, Exposition: Zahid Mubarik represents Pakistan

Global HR Conference, Exposition: Zahid Mubarik represents Pakistan

Zahid Mubarik GPHR, Member Special Expertise Panel HR Measurement Metrics and Leader SHRM Forum Pakistan represented Pakistan in 63rd Annual Global HR Conference and Exposition held at Las Vegas, United States, from 26-29 June 2011. A total of 13,000 HR p
Published 09 Jul, 2011 12:00am
Tributes paid to Munir Niazi

Tributes paid to Munir Niazi

South Asia Free Media Association (SAFMA) on Friday organised a programme in connection with death anniversary of poet Munir Niazi to pay glowing tributes to him for his great contribution to Urdu and Punjabi poetry. Allama Siddiq Azhar, Anjum Rashid, Sug
Published 09 Jul, 2011 12:00am
Japan to provide additional $50 million for polio eradication

Japan to provide additional $50 million for polio eradication

Japan will provide additional 50 million dollars to Pakistan for the polio eradication programme. This was stated by Japanese ambassador Hiroshi Oe in his meeting with Prime Minister Syed Yousuf Raza Gilani at PM House here. Prime Minister Gilani thanked
Published 09 Jul, 2011 12:00am
Former employee of TAAP held; 5,634 passports recovered

Former employee of TAAP held; 5,634 passports recovered

Sindh police on Friday claimed to have arrested an ex-employee of Travel Agents Association of Pakistan (TAAP) along with his four other accomplices and recovered all 5,634 stolen passports from his possession. According to the police, they have arrested
Published 09 Jul, 2011 12:00am
US-Pakistan relationship not perfect but vital: White House

US-Pakistan relationship not perfect but vital: White House

The White House has said that Pakistan continues to be an important US partner in the fight against al Qaeda, and the relationship between the two countries may not be perfect but it is vital to security efforts in the region. "Our relationship with Pakis
Published 09 Jul, 2011 12:00am
LHC orders IO in NICL case to appear on July 13

LHC orders IO in NICL case to appear on July 13

The Lahore High Court directed investigation officer in NICL case to appear before the court on July 13 in a petition filed by Habibullah Warriach the main accused in NICL scam. Habibullah approached the court with request to direct the interior ministry
Published 09 Jul, 2011 12:00am
PWF grieved over Karachi killings

PWF grieved over Karachi killings

Pakistan Workers Federation has expressed grief and sorrow over the latest wave of ethnic killings in Karachi and said it was having devastating effects on the economy of the country. Pakistan Workers Federation held an emergent meeting here on Friday whi
Published 09 Jul, 2011 12:00am
Robbery, abduction charges: Babar Awan acquitted

Robbery, abduction charges: Babar Awan acquitted

Former Federal Minister for Law Dr Babar Awan was acquitted on Friday of robbery and abduction charges due to insufficient. Civil Judge Rai Mohammad Khan gave a verdict observing that the respondent failed to produce sufficient material against Babar Awan
Published 09 Jul, 2011 12:00am
PCRET to install 368 biogas plants in rural areas

PCRET to install 368 biogas plants in rural areas

Pakistan Council of Renewable Energy Technologies (PCRET) will install 368 biogas plants in different rural areas by the June 2012 under the project "Development and Promotion of Biogas Technology for meeting domestic fuel needs of rural areas and product
Published 09 Jul, 2011 12:00am
Increase in sugar price unjust: ministry

Increase in sugar price unjust: ministry

The ministry of industries on Friday expressed concern over the rising sugar price, maintaining that the increase is not justified. Information collected by the government agencies leads to the conclusion that hoarders are raising prices ahead of Ramazan.
Published 09 Jul, 2011 12:00am
Increase in sugar price unjust: ministry

Increase in sugar price unjust: ministry

The ministry of industries on Friday expressed concern over the rising sugar price, maintaining that the increase is not justified. Information collected by the government agencies leads to the conclusion that hoarders are raising prices ahead of Ramazan.
Published 09 Jul, 2011 12:00am
Increase in sugar price unjust: ministry

Increase in sugar price unjust: ministry

The ministry of industries on Friday expressed concern over the rising sugar price, maintaining that the increase is not justified. Information collected by the government agencies leads to the conclusion that hoarders are raising prices ahead of Ramazan.
Published 09 Jul, 2011 12:00am
The Weather

The Weather

The weather report on Friday (July 08, 2011) and the forecast for Saturday (July 09, 2011).

Published 09 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 09 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 09 Jul, 2011 12:00am
Pakistani couple sues American Airlines over threat hoax

Pakistani couple sues American Airlines over threat hoax

A Pakistani couple is suing American Airlines after they were escorted off a plane in handcuffs based on a telephone hijacking threat that turned out to be a hoax. The lawsuit, transferred to federal court on Tuesday, also names the San Francisco Police d
Published 09 Jul, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (July 08, 2011).

Published 09 Jul, 2011 12:00am
Pakistani couple sues American Airlines over threat hoax

Pakistani couple sues American Airlines over threat hoax

A Pakistani couple is suing American Airlines after they were escorted off a plane in handcuffs based on a telephone hijacking threat that turned out to be a hoax. The lawsuit, transferred to federal court on Tuesday, also names the San Francisco Police d
Published 09 Jul, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (July 08, 2011).

Published 09 Jul, 2011 12:00am
Sudan recognises Republic of South Sudan: minister

Sudan recognises Republic of South Sudan: minister

Sudan on Friday announced its official recognition of the new Republic of South Sudan a day before its southern neighbour becomes the world's newest nation. "The Republic of Sudan announces that it recognises the Republic of South Sudan as an independent
Published 09 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 08, 2011).

Published 09 Jul, 2011 12:00am
Sudan recognises Republic of South Sudan: minister

Sudan recognises Republic of South Sudan: minister

Sudan on Friday announced its official recognition of the new Republic of South Sudan a day before its southern neighbour becomes the world's newest nation. "The Republic of Sudan announces that it recognises the Republic of South Sudan as an independent
Published 09 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 08, 2011).

Published 09 Jul, 2011 12:00am
Lahore and Islamabad LTUs asked to complete audit of banks

Lahore and Islamabad LTUs asked to complete audit of banks

The Directorate General of Intelligence and Investigation Inland Revenue Federal Board of Revenue (FBR) has directed the Large Taxpayer Units (LTUs) Lahore and Islamabad to complete audit of banks falling in their jurisdiction after extraordinary performa
Published 09 Jul, 2011 12:00am
Lahore and Islamabad LTUs asked to complete audit of banks

Lahore and Islamabad LTUs asked to complete audit of banks

The Directorate General of Intelligence and Investigation Inland Revenue Federal Board of Revenue (FBR) has directed the Large Taxpayer Units (LTUs) Lahore and Islamabad to complete audit of banks falling in their jurisdiction after extraordinary performa
Published 09 Jul, 2011 12:00am
THE RUPEE: no change in rupee-dollar parity

THE RUPEE: no change in rupee-dollar parity

No change was seen in the rupee-dollar parity rates on Friday in the absence normal trading due to thin staff, experts said. In order to bring peace in the city, police and paramilitary troops were ordered to shoot on sight after several people were kille
Published 09 Jul, 2011 12:00am
Lahore and Islamabad LTUs asked to complete audit of banks

Lahore and Islamabad LTUs asked to complete audit of banks

The Directorate General of Intelligence and Investigation Inland Revenue Federal Board of Revenue (FBR) has directed the Large Taxpayer Units (LTUs) Lahore and Islamabad to complete audit of banks falling in their jurisdiction after extraordinary performa
Published 09 Jul, 2011 12:00am
THE RUPEE: no change in rupee-dollar parity

THE RUPEE: no change in rupee-dollar parity

No change was seen in the rupee-dollar parity rates on Friday in the absence normal trading due to thin staff, experts said. In order to bring peace in the city, police and paramilitary troops were ordered to shoot on sight after several people were kille
Published 09 Jul, 2011 12:00am
SECP amends ''Statement in Lieu of Prospectus''

SECP amends ''Statement in Lieu of Prospectus''

The Securities and Exchange Commission of Pakistan (SECP) has amended the Statement in Lieu of Prospectus which is contained in Part III of Second Schedule of the Companies Ordinance, 1984, required to be filed with the registrar by a private company conv
Published 09 Jul, 2011 12:00am
SECP amends 'Statement in Lieu of Prospectus'

SECP amends 'Statement in Lieu of Prospectus'

The Securities and Exchange Commission of Pakistan (SECP) has amended the Statement in Lieu of Prospectus which is contained in Part III of Second Schedule of the Companies Ordinance, 1984, required to be filed with the registrar by a private company conv
Published 09 Jul, 2011 12:00am
SECP amends 'Statement in Lieu of Prospectus'

SECP amends 'Statement in Lieu of Prospectus'

The Securities and Exchange Commission of Pakistan (SECP) has amended the Statement in Lieu of Prospectus which is contained in Part III of Second Schedule of the Companies Ordinance, 1984, required to be filed with the registrar by a private company conv
Published 09 Jul, 2011 12:00am
Risk factors in power sectors identified

Risk factors in power sectors identified

The government failure to recover electricity dues from the problematic areas and huge line losses are considered main hindrances in the way of investment in the power sector, it was reliably learnt. Sources said that the key risks analysis on power secto
Published 09 Jul, 2011 12:00am
Risk factors in power sectors identified

Risk factors in power sectors identified

The government failure to recover electricity dues from the problematic areas and huge line losses are considered main hindrances in the way of investment in the power sector, it was reliably learnt. Sources said that the key risks analysis on power secto
Published 09 Jul, 2011 12:00am
Risk factors in power sectors identified

Risk factors in power sectors identified

The government failure to recover electricity dues from the problematic areas and huge line losses are considered main hindrances in the way of investment in the power sector, it was reliably learnt. Sources said that the key risks analysis on power secto
Published 09 Jul, 2011 12:00am
Urea ships to start arriving from Monday

Urea ships to start arriving from Monday

The first urea vessel, MV Saim Jade, carrying 25,000 tons urea will reach Gwadar Port on Monday, July 11, 2011. According to a press release issued here by TCP on Friday, the second ship, MV Sun Enterprise, carrying identical, quantity is scheduled to sai
Published 09 Jul, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (July 08, 2011).

Published 09 Jul, 2011 12:00am
Urea ships to start arriving from Monday

Urea ships to start arriving from Monday

The first urea vessel, MV Saim Jade, carrying 25,000 tons urea will reach Gwadar Port on Monday, July 11, 2011. According to a press release issued here by TCP on Friday, the second ship, MV Sun Enterprise, carrying identical, quantity is scheduled to sai
Published 09 Jul, 2011 12:00am
Urea ships to start arriving from Monday

Urea ships to start arriving from Monday

The first urea vessel, MV Saim Jade, carrying 25,000 tons urea will reach Gwadar Port on Monday, July 11, 2011. According to a press release issued here by TCP on Friday, the second ship, MV Sun Enterprise, carrying identical, quantity is scheduled to sai
Published 09 Jul, 2011 12:00am
Hillary Clinton to visit India

Hillary Clinton to visit India

US Secretary of State Hillary Clinton is to visit India on July 19 for strategic talks with Indian leaders, a spokesman for the Indian foreign ministry said on Friday. India's External Affairs Ministry is hosting the second India-US Strategic Dialogue in
Published 09 Jul, 2011 12:00am
Hillary Clinton to visit India

Hillary Clinton to visit India

US Secretary of State Hillary Clinton is to visit India on July 19 for strategic talks with Indian leaders, a spokesman for the Indian foreign ministry said on Friday. India's External Affairs Ministry is hosting the second India-US Strategic Dialogue in
Published 09 Jul, 2011 12:00am
IBIs can collect utility bills after due date: scholars

IBIs can collect utility bills after due date: scholars

The Islamic Banking Institutions (IBIs) can collect/accept utility bills after the due date with "Karahiat" (displeasure), according to Shariah scholars. A State Bank of Pakistan (SBP) statement here on Friday pointed out that in terms of instructions con
Published 09 Jul, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Jul, 2011 12:00am
IBIs can collect utility bills after due date: scholars

IBIs can collect utility bills after due date: scholars

The Islamic Banking Institutions (IBIs) can collect/accept utility bills after the due date with "Karahiat" (displeasure), according to Shariah scholars. A State Bank of Pakistan (SBP) statement here on Friday pointed out that in terms of instructions con
Published 09 Jul, 2011 12:00am
Board meetings in progress

Board meetings in progress

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

Published 09 Jul, 2011 12:00am
IBIs can collect utility bills after due date: scholars

IBIs can collect utility bills after due date: scholars

The Islamic Banking Institutions (IBIs) can collect/accept utility bills after the due date with "Karahiat" (displeasure), according to Shariah scholars. A State Bank of Pakistan (SBP) statement here on Friday pointed out that in terms of instructions con
Published 09 Jul, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 09 Jul, 2011 12:00am
ISE index gains 2.83 points

ISE index gains 2.83 points

Equities moved both ways at Islamabad Stock Exchange (ISE) on Friday where investors adopted cautious approach amid increase in index. ISE-10 Index showed an improvement of 2.83 points from 2,765.32 to 2,768.15 points. Turnover amounted to 12,200 shares a
Published 09 Jul, 2011 12:00am
ISE index gains 2.83 points

ISE index gains 2.83 points

Equities moved both ways at Islamabad Stock Exchange (ISE) on Friday where investors adopted cautious approach amid increase in index. ISE-10 Index showed an improvement of 2.83 points from 2,765.32 to 2,768.15 points. Turnover amounted to 12,200 shares a
Published 09 Jul, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 09 Jul, 2011 12:00am
Dull activity on LSE

Dull activity on LSE

Activities remained dull at the Lahore Stock Exchange (LSE) amid descending transaction volume on Friday. The LSE-25 index marginally declined by 0.36 points and was closed at 3123.74 points against 3124.10 points of Thursday, while transaction volume dec
Published 09 Jul, 2011 12:00am
Dull activity on LSE

Dull activity on LSE

Activities remained dull at the Lahore Stock Exchange (LSE) amid descending transaction volume on Friday. The LSE-25 index marginally declined by 0.36 points and was closed at 3123.74 points against 3124.10 points of Thursday, while transaction volume dec
Published 09 Jul, 2011 12:00am
BRIndex30 down 15.62 points

BRIndex30 down 15.62 points

On Friday, the BRIndex30 opened at 8,762.78 points. It touched the intra-day high of 8,790.06 points and low of 8,738.27 points and closed at 8,747.16 points with a net negative change of -15.62 points, or -0.18 percent lower than previous close.
Published 09 Jul, 2011 12:00am
BRIndex30 down 15.62 points

BRIndex30 down 15.62 points

On Friday, the BRIndex30 opened at 8,762.78 points. It touched the intra-day high of 8,790.06 points and low of 8,738.27 points and closed at 8,747.16 points with a net negative change of -15.62 points, or -0.18 percent lower than previous close.
Published 09 Jul, 2011 12:00am
Index loses 51.28 points

Index loses 51.28 points

The KSE-100 index on Friday lost 51.28 points to close at 12,390.12 points with extremely low volume due to prevailing law and order situation in the city. After negative opening, the index hit 12,329.34 points intra-day low level, down 112.06 points. How
Published 09 Jul, 2011 12:00am
Index loses 51.28 points

Index loses 51.28 points

The KSE-100 index on Friday lost 51.28 points to close at 12,390.12 points with extremely low volume due to prevailing law and order situation in the city. After negative opening, the index hit 12,329.34 points intra-day low level, down 112.06 points. How
Published 09 Jul, 2011 12:00am
Index loses 51.28 points

Index loses 51.28 points

The KSE-100 index on Friday lost 51.28 points to close at 12,390.12 points with extremely low volume due to prevailing law and order situation in the city. After negative opening, the index hit 12,329.34 points intra-day low level, down 112.06 points. How
Published 09 Jul, 2011 12:00am
Qadirpur gas output down by 200mmcfd

Qadirpur gas output down by 200mmcfd

Gas production from Qadirpur field has declined by 200 mmcfd, officials said. Sources in the Ministry of Petroleum and Natural Resources told Business Recorder here on Friday that the Qadirpur gas field, which supplies up to 460 mmcfd gas to SNGPL,
Published 09 Jul, 2011 12:00am
Qadirpur gas output down by 200mmcfd

Qadirpur gas output down by 200mmcfd

Gas production from Qadirpur field has declined by 200 mmcfd, officials said. Sources in the Ministry of Petroleum and Natural Resources told Business Recorder here on Friday that the Qadirpur gas field, which supplies up to 460 mmcfd gas to SNGPL,
Published 09 Jul, 2011 12:00am
Qadirpur gas output down by 200mmcfd

Qadirpur gas output down by 200mmcfd

Gas production from Qadirpur field has declined by 200 mmcfd, officials said. Sources in the Ministry of Petroleum and Natural Resources told Business Recorder here on Friday that the Qadirpur gas field, which supplies up to 460 mmcfd gas to SNGPL,
Published 09 Jul, 2011 12:00am
Power companies may be allowed cost adjustments in yuan

Power companies may be allowed cost adjustments in yuan

The government is to allow cost adjustments to the power sector companies in Chinese currency, yuan, on the same pattern as that of dollar, pound sterling, euro and Japanese yen, well-informed sources told Business Recorder.
Published 09 Jul, 2011 12:00am
Power companies may be allowed cost adjustments in yuan

Power companies may be allowed cost adjustments in yuan

The government is to allow cost adjustments to the power sector companies in Chinese currency, yuan, on the same pattern as that of dollar, pound sterling, euro and Japanese yen, well-informed sources told Business Recorder.
Published 09 Jul, 2011 12:00am
Power companies may be allowed cost adjustments in yuan

Power companies may be allowed cost adjustments in yuan

The government is to allow cost adjustments to the power sector companies in Chinese currency, yuan, on the same pattern as that of dollar, pound sterling, euro and Japanese yen, well-informed sources told Business Recorder.
Published 09 Jul, 2011 12:00am
Gas loadshedding, price increase: CNG body to start protest from July 13

Gas loadshedding, price increase: CNG body to start protest from July 13

All Pakistan CNG Association (APCNGA) on Friday announced a countrywide protest schedule against the persistent gas load-shedding and the government plan to further jack up the CNG prices. Ghiyas Abdullah Paracha, Chairman Supreme Council APCNGA said that
Published 09 Jul, 2011 12:00am
Gas loadshedding, price increase: CNG body to start protest from July 13

Gas loadshedding, price increase: CNG body to start protest from July 13

All Pakistan CNG Association (APCNGA) on Friday announced a countrywide protest schedule against the persistent gas load-shedding and the government plan to further jack up the CNG prices. Ghiyas Abdullah Paracha, Chairman Supreme Council APCNGA said that
Published 09 Jul, 2011 12:00am
Gas loadshedding, price increase: CNG body to start protest from July 13

Gas loadshedding, price increase: CNG body to start protest from July 13

All Pakistan CNG Association (APCNGA) on Friday announced a countrywide protest schedule against the persistent gas load-shedding and the government plan to further jack up the CNG prices. Ghiyas Abdullah Paracha, Chairman Supreme Council APCNGA said that
Published 09 Jul, 2011 12:00am
'Irresponsible' US remarks to affect war on terror: Pakistan

'Irresponsible' US remarks to affect war on terror: Pakistan

Pakistan on Friday warned its co-operation in the US-led war on al Qaeda was at risk after heavily criticising the top US military officer for suggesting it could have approved a journalist's murder. Journalist Saleem Shahzad's body was found just outside
Published 09 Jul, 2011 12:00am
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