AIRLINK 187.09 Increased By ▲ 2.40 (1.3%)
BOP 12.69 Decreased By ▼ -0.09 (-0.7%)
CNERGY 7.58 Decreased By ▼ -0.23 (-2.94%)
FCCL 40.42 Decreased By ▼ -0.42 (-1.03%)
FFL 14.86 Decreased By ▼ -0.32 (-2.11%)
FLYNG 27.36 Increased By ▲ 0.42 (1.56%)
HUBC 131.21 Increased By ▲ 0.14 (0.11%)
HUMNL 13.26 Decreased By ▼ -0.56 (-4.05%)
KEL 4.45 Decreased By ▼ -0.06 (-1.33%)
KOSM 6.01 Decreased By ▼ -0.13 (-2.12%)
MLCF 53.16 Increased By ▲ 1.93 (3.77%)
OGDC 212.59 Increased By ▲ 0.48 (0.23%)
PACE 6.06 Decreased By ▼ -0.23 (-3.66%)
PAEL 41.94 Decreased By ▼ -0.61 (-1.43%)
PIAHCLA 15.93 Decreased By ▼ -0.58 (-3.51%)
PIBTL 9.60 Increased By ▲ 0.66 (7.38%)
POWER 11.16 Increased By ▲ 0.06 (0.54%)
PPL 173.29 Decreased By ▼ -1.71 (-0.98%)
PRL 34.13 Decreased By ▼ -0.60 (-1.73%)
PTC 23.47 Decreased By ▼ -0.47 (-1.96%)
SEARL 88.09 Decreased By ▼ -6.33 (-6.7%)
SILK 1.11 Decreased By ▼ -0.03 (-2.63%)
SSGC 32.61 Decreased By ▼ -0.50 (-1.51%)
SYM 15.53 Decreased By ▼ -1.58 (-9.23%)
TELE 7.99 Decreased By ▼ -0.26 (-3.15%)
TPLP 11.00 Decreased By ▼ -0.45 (-3.93%)
TRG 59.79 Decreased By ▼ -0.46 (-0.76%)
WAVESAPP 11.28 Decreased By ▼ -0.11 (-0.97%)
WTL 1.41 Decreased By ▼ -0.04 (-2.76%)
YOUW 3.81 Decreased By ▼ -0.12 (-3.05%)
AIRLINK 187.09 Increased By ▲ 2.40 (1.3%)
BOP 12.69 Decreased By ▼ -0.09 (-0.7%)
CNERGY 7.58 Decreased By ▼ -0.23 (-2.94%)
FCCL 40.42 Decreased By ▼ -0.42 (-1.03%)
FFL 14.86 Decreased By ▼ -0.32 (-2.11%)
FLYNG 27.36 Increased By ▲ 0.42 (1.56%)
HUBC 131.21 Increased By ▲ 0.14 (0.11%)
HUMNL 13.26 Decreased By ▼ -0.56 (-4.05%)
KEL 4.45 Decreased By ▼ -0.06 (-1.33%)
KOSM 6.01 Decreased By ▼ -0.13 (-2.12%)
MLCF 53.16 Increased By ▲ 1.93 (3.77%)
OGDC 212.59 Increased By ▲ 0.48 (0.23%)
PACE 6.06 Decreased By ▼ -0.23 (-3.66%)
PAEL 41.94 Decreased By ▼ -0.61 (-1.43%)
PIAHCLA 15.93 Decreased By ▼ -0.58 (-3.51%)
PIBTL 9.60 Increased By ▲ 0.66 (7.38%)
POWER 11.16 Increased By ▲ 0.06 (0.54%)
PPL 173.29 Decreased By ▼ -1.71 (-0.98%)
PRL 34.13 Decreased By ▼ -0.60 (-1.73%)
PTC 23.47 Decreased By ▼ -0.47 (-1.96%)
SEARL 88.09 Decreased By ▼ -6.33 (-6.7%)
SILK 1.11 Decreased By ▼ -0.03 (-2.63%)
SSGC 32.61 Decreased By ▼ -0.50 (-1.51%)
SYM 15.53 Decreased By ▼ -1.58 (-9.23%)
TELE 7.99 Decreased By ▼ -0.26 (-3.15%)
TPLP 11.00 Decreased By ▼ -0.45 (-3.93%)
TRG 59.79 Decreased By ▼ -0.46 (-0.76%)
WAVESAPP 11.28 Decreased By ▼ -0.11 (-0.97%)
WTL 1.41 Decreased By ▼ -0.04 (-2.76%)
YOUW 3.81 Decreased By ▼ -0.12 (-3.05%)
BR100 11,869 Decreased By -51.1 (-0.43%)
BR30 35,588 Decreased By -219.5 (-0.61%)
KSE100 113,252 Decreased By -532.6 (-0.47%)
KSE30 35,194 Decreased By -193.2 (-0.55%)
Print - 2011-07-14
Japanese envoy concerned over security issues

Japanese envoy concerned over security issues

Japan has shown its deep concern about the security issues in Pakistan and demanded of the government to take concrete steps for the safety of their investors. The message has been conveyed to Chairman Board of Investment Saleem H Mandviwalla by Hiroshi O
Published 14 Jul, 2011 12:00am
CGT manual report for fiscal year 2011 fourth quarter allowed

CGT manual report for fiscal year 2011 fourth quarter allowed

The Federal Board of Revenue (FBR) has allowed the Karachi Stock Exchange (KSE) members to file capital gain statement manually for the quarter ended on June 30, 2011. The KSE officials had requested to permit filing of capital gain statement manually for
Published 14 Jul, 2011 12:00am
CGT manual report for fiscal year 2011 fourth quarter allowed

CGT manual report for fiscal year 2011 fourth quarter allowed

The Federal Board of Revenue (FBR) has allowed the Karachi Stock Exchange (KSE) members to file capital gain statement manually for the quarter ended on June 30, 2011. The KSE officials had requested to permit filing of capital gain statement manually for
Published 14 Jul, 2011 12:00am
CGT manual report for fiscal year 2011 fourth quarter allowed

CGT manual report for fiscal year 2011 fourth quarter allowed

The Federal Board of Revenue (FBR) has allowed the Karachi Stock Exchange (KSE) members to file capital gain statement manually for the quarter ended on June 30, 2011. The KSE officials had requested to permit filing of capital gain statement manually for
Published 14 Jul, 2011 12:00am
KESC clarification

KESC clarification

Karachi Electric Supply Company has clarified a news item appearing in Business Recorder of July 13 claiming non-payment of dues to the employees who opted for Voluntary Separation Scheme (VSS).
Published 14 Jul, 2011 12:00am
KESC clarification

KESC clarification

Karachi Electric Supply Company has clarified a news item appearing in Business Recorder of July 13 claiming non-payment of dues to the employees who opted for Voluntary Separation Scheme (VSS).
Published 14 Jul, 2011 12:00am
KESC clarification

KESC clarification

Karachi Electric Supply Company has clarified a news item appearing in Business Recorder of July 13 claiming non-payment of dues to the employees who opted for Voluntary Separation Scheme (VSS).
Published 14 Jul, 2011 12:00am
Tracking terrorist finance would cost up to 47 million euros: EU

Tracking terrorist finance would cost up to 47 million euros: EU

Setting up a European Union scheme to track terrorist finance networks, ending the bloc's dependency on the United States for such information, would cost up to 47 million euros (66.5 million dollars), the European Commission said Wednesday. "Initial calc
Published 14 Jul, 2011 12:00am
Tracking terrorist finance would cost up to 47 million euros: EU

Tracking terrorist finance would cost up to 47 million euros: EU

Setting up a European Union scheme to track terrorist finance networks, ending the bloc's dependency on the United States for such information, would cost up to 47 million euros (66.5 million dollars), the European Commission said Wednesday. "Initial calc
Published 14 Jul, 2011 12:00am
Tracking terrorist finance would cost up to 47 million euros: EU

Tracking terrorist finance would cost up to 47 million euros: EU

Setting up a European Union scheme to track terrorist finance networks, ending the bloc''s dependency on the United States for such information, would cost up to 47 million euros (66.5 million dollars), the European Commission said Wednesday. "Initial cal
Published 14 Jul, 2011 12:00am
FBISE announcement

FBISE announcement

Federal Board of Intermediate and Secondary Education (FBISE) will announce the result of SSC Part-I Annual Examination, 2011 on July 15. The result will also be available on Federal Board's website and telephone numbers 9250651, 9250666, 9250608, said a
Published 14 Jul, 2011 12:00am
Mobile phone companies seek exclusion from section 153 of IT Ordinance

Mobile phone companies seek exclusion from section 153 of IT Ordinance

The mobile phone companies have asked the Federal Board of Revenue (FBR) to exclude telecom operators from the ambit of section 153 (withholding tax on contracts, supplies and services) of the Income Tax Ordinance 2001 as the companies, being corporate ta
Published 14 Jul, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 Jul, 2011 12:00am
Hurriyet leaders placed under house arrest in IHK

Hurriyet leaders placed under house arrest in IHK

The authorities in Indian Occupied Kashmir have placed Hurriyet leaders, including APHC Chairman, Mirwaiz Umar Farooq, Syed Ali Gilani, Professor Abdul Ghani Butt, Agha Syed Hassan Al-Moosvi, Bilal Ghani Lone, Shabbir Ahmad Shah and Nayeem Ahmed Khan unde
Published 14 Jul, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 14 Jul, 2011 12:00am
US woman denies aiding Pakistan nuclear project

US woman denies aiding Pakistan nuclear project

A wealthy San Francisco-area suburbanite on Tuesday rebutted charges that she was the ringleader of a scheme to illegally export special paint used in the construction of a Pakistani nuclear plant. Xu Wang, 51, was arrested at Atlanta's Hartsfield-Jackson
Published 14 Jul, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Jul, 2011 12:00am
RCCI approves election schedule

RCCI approves election schedule

Executive Committee of Rawalpindi Chamber of Commerce and Industry (RCCI) has given final nod to elections and approved the election schedule and Election Commission for chamber elections for 2011-12. Addressing the meeting of the Executive Committee, the
Published 14 Jul, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Jul, 2011 12:00am
Woman, two others shot dead

Woman, two others shot dead

At least three persons including a woman were killed in separate incidents in various parts of the metropolis, on Wednesday. There was no let-up in Lyari violence as a man was shot dead while another injured in Lea Market near Sufi Hotel in the limits of
Published 14 Jul, 2011 12:00am
140 cases against cartels pending before courts: CCP

140 cases against cartels pending before courts: CCP

Chairperson of Competition Commission of Pakistan, Rahat Kaunain Hassan said on Wednesday that presently there were 140 cases pending before the courts involving Rs 7.3 billion penalties imposed by the Commission against cartels and companies involved in
Published 14 Jul, 2011 12:00am
'Funds allocated for Afghan refugees less than requirements'

'Funds allocated for Afghan refugees less than requirements'

National Assembly Sub-committee of the States and Frontier Regions (Safron) on Wednesday observed that funds allocated by the international community for Afghan Refugees were less than the actual requirements. The committee meeting was chaired by Engineer
Published 14 Jul, 2011 12:00am
'Passage of bills to help government establish writ in province'

'Passage of bills to help government establish writ in province'

The Sindh Information Minister, Sharjeel Memon on Wednesday said that passing of three key bills would help the government establish its writ in the province and added that it was the "greatest day" in the provincial assembly's history. Talking to newsmen
Published 14 Jul, 2011 12:00am
Two killed in Nasirabad

Two killed in Nasirabad

At least two people including a woman were gunned down on Wednesday in separate incidents in Nasirabad and Jaffarabad. According to local police, unidentified armed men opened fire at a man, killing him on the spot. The attackers managed to escape from th
Published 14 Jul, 2011 12:00am
MQM opposes fresh legislation

MQM opposes fresh legislation

MQM on Wednesday opposed the Sindh Assembly legislation on three different ordinances, saying July 13 was the "darkest day" in the provincial assembly's history. Talking to the news media after the assembly session, MQM's provincial lawmaker Faisal Sabzwa
Published 14 Jul, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (July 13, 2011).

Published 14 Jul, 2011 12:00am
Gilani lauds USF optic fibre cable project in Balochistan

Gilani lauds USF optic fibre cable project in Balochistan

Prime Minister Syed Yusuf Raza Gilani on Wednesday said the government was providing modern telecommunication services to the remote areas of Balochistan to help it connect to the rest of the country. Speaking at contract singing ceremony of Universal Ser
Published 14 Jul, 2011 12:00am
Sindh Assembly passes three key bills despite strong protest by MQM

Sindh Assembly passes three key bills despite strong protest by MQM

The ruling coalition in Sindh Assembly on Wednesday passed three key bills despite opposition and outcry by MQM lawmakers. The PPP-led Sindh government also rejected the Governor's message on the government bill No 6 of 2008, Sindh Boards of Intermediate
Published 14 Jul, 2011 12:00am
Legal fraternity an important segment of society: CJP

Legal fraternity an important segment of society: CJP

The legal fraternity is an important segment of society as well as judicial system of the country. Their significance cannot be denied as, without their assistance and active participation, the goal of speedy justice to litigants at their doorsteps cannot
Published 14 Jul, 2011 12:00am
Supreme Court seeks transfer reversal orders of four FIA officials today

Supreme Court seeks transfer reversal orders of four FIA officials today

The Supreme Court on Wednesday directed the Acting DG, FIA, Manzoor Ahmad Chaudhry, to bring to the court on Thursday the transfer reversal notification of four officials who were assisting the National Insurance Company Limited (NICL) land scam investiga
Published 14 Jul, 2011 12:00am
SDC to arrange workshop for human resource managers

SDC to arrange workshop for human resource managers

Skill Development Council (SDC) will arrange a training workshop for human resource managers to improve their abilities to contribute effectively to recruitment and selection campaign.
Published 14 Jul, 2011 12:00am
US drone attacks: Centre given time to file petition

US drone attacks: Centre given time to file petition

The Lahore High Court (LHC) here Wednesday giving time to the federal government to file reply to a petition of Jamaat-ud-Dawa Chief Hafiz Muhammad Saeed to September 30, seeking directions for implementation of a parliament resolution against US drone at
Published 14 Jul, 2011 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Slight fluctuations were seen on the currency market on Wednesday in process of trading, experts said. The rupee shed two paisa versus dollar for buying at 85.82 while it gained one paisa for selling at 85.84, they said.
Published 14 Jul, 2011 12:00am
Supreme Court moved to bring back Dr Aafia

Supreme Court moved to bring back Dr Aafia

An application has been filed in Supreme Court (SC) praying to bring back Dr Aafia Siddiqui languishing in US jail. Her sister Dr Fauzia contended in the application that Dr Aafia has been sentenced to 86 years for a crime that she never committed. Her co
Published 14 Jul, 2011 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Slight fluctuations were seen on the currency market on Wednesday in process of trading, experts said. The rupee shed two paisa versus dollar for buying at 85.82 while it gained one paisa for selling at 85.84, they said.
Published 14 Jul, 2011 12:00am
Food items' import: Rs 400 billion spending alarming: Agri Forum

Food items' import: Rs 400 billion spending alarming: Agri Forum

Pakistan has spent over Rs 400 billion on imports of different food items during last year and imbalance in trade needs to be improved through proper planning and policy making, said Ibrahim Mughal Chairman, Agri Forum Pakistan.
Published 14 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 13, 2011).

Published 14 Jul, 2011 12:00am
PML-N reaction to SBP governor's resignation

PML-N reaction to SBP governor's resignation

Pakistan Muslim League-Nawaz (PML-N) has described State Bank of Pakistan's Governor Shahid Hafiz Kardar's resignation as a result of failed economic polices and inconsistent priorities of the Pakistan People's Party (PPP) led-government. While reacting t
Published 14 Jul, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 13, 2011).

Published 14 Jul, 2011 12:00am
NHA Chairman urges high standard of work

NHA Chairman urges high standard of work

The Chairman of National Highway Authority, Muhammad Ali Gardezi, said on Wednesday that construction, management and maintenance of national highways, motorways and bridges stand among the prime obligations of the Authority. He was addressing a gathering
Published 14 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 Wednesday (July 13, 2011).

Published 14 Jul, 2011 12:00am
Freight trains likely to be operational by year-end

Freight trains likely to be operational by year-end

Infrastructure Project Development Facility (IPDF) CEO Adil Anwar has said that by the end of this year, private freight trains are likely to be operational in the country, which will earn Pakistan Railways Rs 6 billion per annum. He was talking to newsme
Published 14 Jul, 2011 12:00am
Realism, not sentiment, must prevail

Realism, not sentiment, must prevail

Much to the disappointment of many of us, the press release issued by the ISPR, following the 140th regular Corps Commanders Conference on Wednesday, was quite staid and matter-of-fact, in tone shorn of belligerence expected in the wake of the United Stat
Published 14 Jul, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 13, 2011).

Published 14 Jul, 2011 12:00am
A curse it definitely is

A curse it definitely is

Planet Earth, already short on resources and reeling from regular calamities across its latitude and longitude, is expected to be inhabited by over 7 billion people this year. This overwhelming number was highlighted repeatedly on the occasion of World Po
Published 14 Jul, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (July 13, 2011) and for Thursday (July 14, 2011).
Published 14 Jul, 2011 12:00am
VIEW POINT: A blessing in disguise?

VIEW POINT: A blessing in disguise?

Deteriorating Pak-US relations took a turn for the worse - or for the better, depending on one's perspective - when on Sunday the US announced that the $800 million military aid to Pakistan would be suspended. Pakistan Army's prompt response suggested it
Published 14 Jul, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 13, 2011).

Published 14 Jul, 2011 12:00am
The class war

The class war

Racism and class struggle between commoners and upper classes have always been a burning issue. Workplace discrimination was and still is endemic and police brutality common. Anger at such treatment came to a climax in the riots that rocked many urban cen
Published 14 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 14 Jul, 2011 12:00am
Moment of truth: Where do companies stand?

Moment of truth: Where do companies stand?

Many of the world's richest economies and most lucrative markets are sputtering. Europe and the United States are desperately fending off frightening budget problems. The financial markets are nervous, consumers are worried: these are troubled times for b
Published 14 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 14 Jul, 2011 12:00am
Women as yellow cab drivers

Women as yellow cab drivers

The Punjab Government is all set to officially launch the Yellow Cabs Scheme for the educated youth with 40 percent quota reserved for the Southern Punjab. What is particularly interesting to me is that this scheme is not limited to the men only but women
Published 14 Jul, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (July 13, 2011).

Published 14 Jul, 2011 12:00am
Economic growth strategy not working, says Dr Nadeem

Economic growth strategy not working, says Dr Nadeem

The current strategy of economic growth is not working as it is not focusing on institutions and policies, which have to deliver sustained growth, said Dr Nadeem-ul-Haque, Deputy Chairman, Planning Commission of Pakistan. He stated this while speaking at
Published 14 Jul, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (July 13, 2011).

Published 14 Jul, 2011 12:00am
The Weather

The Weather

The weather report on Wednesday (July 13, 2011) and the forecast for Thursday (July 14, 2011).

Published 14 Jul, 2011 12:00am
Bus explosion: investigators rule out any disruptive activity

Bus explosion: investigators rule out any disruptive activity

Investigators dispelled the impression of any disruptive activity in Tuesday's bus explosion at Islamabad Expressway, saying that the blast was neither cylinder explosion nor by explosive, but it depicts that the explosion occurred due to gas leakage from
Published 14 Jul, 2011 12:00am
Protest demonstration held against government, US, Taliban

Protest demonstration held against government, US, Taliban

Majlis-e-Wahdat-ul-Muslimeen (MWM) and Youth of Parachinar on Wednesday held a protest demonstration against siege of Parachinar, continuation of anti-people government policies and rising influence of United States across the country. The peaceful demons
Published 14 Jul, 2011 12:00am
Khyber Pakhtunkhwa Governor for efforts towards restoring peace in Fata

Khyber Pakhtunkhwa Governor for efforts towards restoring peace in Fata

The Khyber Pakhtunkhwa Governor, Barrister Masood Kausar on Wednesday said that the government has top priority to restore everlasting peace, democracy and development in Fata, which would be achieved very shortly. Addressing at the oath taking ceremony o
Published 14 Jul, 2011 12:00am
Fafen launches accountability and electoral processes

Fafen launches accountability and electoral processes

The Free and Fair Election Network (FAFEN) with financial assistance of UK Department for International Development (DFID), Embassy of Netherlands and the Asia Foundation (AF) has launched its 'Supporting Transparency, Accountability and Electoral process
Published 14 Jul, 2011 12:00am
Government urged to declare US envoy as persona-non-grata

Government urged to declare US envoy as persona-non-grata

The Lahore High Court Bar Association (LHCBA) has demanded federal government to declare US ambassador as persona-non-grata for arranging a gay and lesbian party at US embassy in Islamabad. LHCBA here on Wednesday adopted a resolution unanimously and cond
Published 14 Jul, 2011 12:00am
PCSIR, Madina Group of Industries sign MoUs

PCSIR, Madina Group of Industries sign MoUs

Pakistan Council of Scientific and Industrial Research (PCSIR) and Madina Group of Industries, Faisalabad, on Wednesday signed four memorandum of understandings (MoUs) to enhance research and industrial linkage for high quality products of international s
Published 14 Jul, 2011 12:00am
LHC disposes of petition against non-provision of jobs

LHC disposes of petition against non-provision of jobs

The Lahore High Court (LHC) here on Monday disposed of a petition against non-provision of jobs to the family members of policemen died in GPO Chowk bomb blast in 2008 as SSP (admin) informed petitioner was not eligible under the policy. He said under the
Published 14 Jul, 2011 12:00am
Wateen Telecom to develop fibre optic network in Balochistan

Wateen Telecom to develop fibre optic network in Balochistan

Wateen Telecom Ltd, Pakistan's leading telecommunications company, has been awarded a PKR 2.4 billion project to develop an extensive optical fibre network in Balochistan. The project, called USF Balochistan Package 4 (BP-4), entails the laying of over 1,
Published 14 Jul, 2011 12:00am
Osama had advance knowledge of London subway, bus attacks

Osama had advance knowledge of London subway, bus attacks

Osama bin Laden was aware of the plot in which al Qaeda militants bombed London transport facilities on July 7, 2005, but it was the last successful operation he played a role in, US government experts have concluded.
Published 14 Jul, 2011 12:00am
PCB concerned over task force report

PCB concerned over task force report

Pakistani cricket authorities on Wednesday voiced concern over the International Cricket Council's proposals for overhauling the sport in the troubled country. The Pakistan Task Team (PTT), set up by cricket's governing body, presented a report at an ICC
Published 14 Jul, 2011 12:00am