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Print - 2011-08-04
South Korean companies to invest in power sector: Ambassador

South Korean companies to invest in power sector: Ambassador

South Korean Ambassador in Pakistan Choongjoo Choi has said that Korean companies are all set to make investment in Pakistan's power sector. While speaking at the Lahore Chamber of Commerce and Industry (LCCI) here on Wednesday, the Ambassador said that m
Published 04 Aug, 2011 12:00am
Pakistan to hold textile exhibition in Jakarta

Pakistan to hold textile exhibition in Jakarta

The Pakistan Embassy in Indonesia will hold an exhibition at National Gallery Jakarta to showcase textile goods, popular among Indonesians for their unique designs. The exhibition, to be arranged in November, will mainly consist of old pieces of wedding d
Published 04 Aug, 2011 12:00am
Court orders: CJ LHC takes serious note of police attitude

Court orders: CJ LHC takes serious note of police attitude

The Chief Justice Lahore High Court taking serious note of police attitude towards the court orders observed police had not any courage to ignore the orders of a magistrate but now they did not take the court orders serious. The court directed DIG Amir Ma
Published 04 Aug, 2011 12:00am
The Weather

The Weather

The weather report on Wednesday (August 03, 2011) and the forecast for Thursday (August 04, 2011).

Published 04 Aug, 2011 12:00am
Two held for torching Nato tankers

Two held for torching Nato tankers

Sibi police has arrested two suspects for their alleged involvement in torching oil tankers carrying fuel for Nato forces stationed in Afghanistan. "A police patrolling party arrested two suspects identified as Abdul Rasheed and Mohibullah from Notal area
Published 04 Aug, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 03, 2011).

Published 04 Aug, 2011 12:00am
Punjab government vows to provide modern healthcare to labourers

Punjab government vows to provide modern healthcare to labourers

The Punjab government is determined to provide state-of-the-art healthcare facilities to the labourers and is taking all out measures in this regard, Punjab Labour Minister Haji Ehsaan-ud-Din Qureshi, said. While addressing the 113th governing body meetin
Published 04 Aug, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 03, 2011).

Published 04 Aug, 2011 12:00am
PIAF slams increase in power tariff

PIAF slams increase in power tariff

Pakistan Industrial and Traders Associations Front (PIAF) has flayed the increase of Rs 1.04 per unit in electricity tariff and demanded of the government to withdraw the decision immediately, as the raise in power tariff would not only put extra burden o
Published 04 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 04 Aug, 2011 12:00am
Two missing persons reach home in Sibi

Two missing persons reach home in Sibi

Two missing persons have reached their home in Tilli village in Sibi. "Two persons identified as Iqbal and Niaz Muhammad had gone missing on March 9," police said on Wednesday. Their relatives were very happy on their reaching home. However, the two did n
Published 04 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 04 Aug, 2011 12:00am
Appointment process for VCs: LHC issues notices to Governor Punjab

Appointment process for VCs: LHC issues notices to Governor Punjab

The Lahore High Court on Tuesday issued notice to Governor Punjab for August 15 in several identical petitions challenging appointment process for vice chancellors in six public sector universities in the province and composition of "search committee". Th
Published 04 Aug, 2011 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (August 03, 2011).

Published 04 Aug, 2011 12:00am
Government busy in politics of corruption: Jamaat-e-Islami

Government busy in politics of corruption: Jamaat-e-Islami

Jamaat-e-Islami Chief, Syed Munawar Hasan has said innocent people are being killed in Karachi and Quetta but the rulers are busy in politics of corruption. He said different forces were playing with the blood of the innocent masses only to maintain their
Published 04 Aug, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (August 03, 2011).

Published 04 Aug, 2011 12:00am
'Effective policing decreases crime rate'

'Effective policing decreases crime rate'

The top brass of Islamabad Police have claimed that effective policing has brought the crime rate to lowest ebb and the force will continue making efforts until complete elimination of the crime. The overall crime rate in Islamabad decreased significantly
Published 04 Aug, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (August 03, 2011) and for Thursday (August 04, 2011).
Published 04 Aug, 2011 12:00am
Excise duty contract to be auctioned on August 19

Excise duty contract to be auctioned on August 19

The auction for collection of excise duty on sand excavation for commercial purposes would be held on August 19 at the office of additional commissioner (consolidation) Multan. The auction would be held under excise duty on minerals Punjab rules 1971 for
Published 04 Aug, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (August 03, 2011).

Published 04 Aug, 2011 12:00am
Police arrest proclaimed offender

Police arrest proclaimed offender

Islamabad Police have arrested a proclaimed offender involved in a double murder in the area of Nilore and later dumping the bodies in Swan River, a police spokesman said. Responding to a tipoff about the hideout of Iftikhar Hussain alias Kharo son of Mus
Published 04 Aug, 2011 12:00am
Seeking data from banks: FBR may approach Law Division for legal opinion

Seeking data from banks: FBR may approach Law Division for legal opinion

The Federal Board of Revenue (FBR) is likely to approach the Law and Justice Division for obtaining legal opinion whether the Income Tax Ordinance 2001, Banking Companies Ordinance 1962 and Protection of Economic Reforms Act, 1992 permit the Board to seek
Published 04 Aug, 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 (August 03, 2011).

Published 04 Aug, 2011 12:00am
AIOU workshops from August 8

AIOU workshops from August 8

The workshops/teaching practice of PTC course code 611 and MA Education course code 6554, 6555 and 6556 for the Semester Autumn 2011 of Allama Iqbal Open University (AIOU) for Islamabad region will start from August 8. The university has set up separate c
Published 04 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 03, 2011).

Published 04 Aug, 2011 12:00am
ICCI criticises SBP cut in discount policy rates

ICCI criticises SBP cut in discount policy rates

The Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday said that there was need of hefty cut in the discount rates by the State Bank of Pakistan (SBP) as reduction of 50 basis points would not provide any benefit to the business community.
Published 04 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 03, 2011).

Published 04 Aug, 2011 12:00am
Second meeting of Pakistan and South Africa JC held

Second meeting of Pakistan and South Africa JC held

The second meeting of the Joint Commission between Pakistan and South Africa was held in Pretoria at the premises of South African Department of International Relations and Co-operation (DIRCO). The Pakistani delegation, led by Munawar Saeed Bhatti, Addit
Published 04 Aug, 2011 12:00am
Modified ICT scholarship programme-2011 announced

Modified ICT scholarship programme-2011 announced

National Information and Communication Technology (ICT) Research and Development Fund has announced that a modified ICT scholarship programme-2011 would be conducted due to shortage of time and interested students should prepare for entrance exams of part
Published 04 Aug, 2011 12:00am
Political Parties Act Fata members' concerns to be addressed: Gilani

Political Parties Act Fata members' concerns to be addressed: Gilani

Prime Minister Syed Yousuf Raza Gilani on Wednesday informed the National Assembly that parliamentarians from Fata would be taken into confidence on the extension of Political Parties Act to the tribal areas and their concerns on the Presidential Ordinanc
Published 04 Aug, 2011 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

As a result of increase in the inflows by the overseas Pakistanis, boosted the rupee against dollar on the currency market on Wednesday, dealers said. The rupee shrugged of the overnight weakness in relation to dollar, recovering 24 paisa for buying at 86
Published 04 Aug, 2011 12:00am
Workshop for Editors of Journals of Islamic Studies and Arabic held

Workshop for Editors of Journals of Islamic Studies and Arabic held

The Social Sciences and Humanities Research Council of Pakistan (SSHRCP), Higher Education Commission organised a three-day workshop for Editors of Journals of Islamic Studies and Arabic journals at Bara Gali Camp, University of Peshawar.
Published 04 Aug, 2011 12:00am
THE RUPEE: all-round gains

THE RUPEE: all-round gains

As a result of increase in the inflows by the overseas Pakistanis, boosted the rupee against dollar on the currency market on Wednesday, dealers said. The rupee shrugged of the overnight weakness in relation to dollar, recovering 24 paisa for buying at 86
Published 04 Aug, 2011 12:00am
FAS programme being launched in seven more districts

FAS programme being launched in seven more districts

Punjab Education foundation (PEF) has finalised all arrangements to expand its Foundation Assisted Schools (FAS) programme in seven more districts to accommodate poor students by providing them free quality education. It was stated by PEF Chairman Raja Mu
Published 04 Aug, 2011 12:00am
Man kills wife

Man kills wife

A man killed his wife over domestic dispute at Mouza Fareed on Wednesday. According to police, the alleged accused Budhan alias Budha with the help of father Abdul Rehman and Maqsood Mai killed his wife Fozia Bibi after setting her at fire over family dis
Published 04 Aug, 2011 12:00am
ORU team meets vice chancellor GCU

ORU team meets vice chancellor GCU

A delegation of Old Ravians Union (ORU) on Wednesday called on Government College University (GCU) Lahore Vice Chancellor Professor Dr Muhammad Khaleeq-ur-Rahman and discussed the historical significance, traditions and future of the 148-year-old educatio
Published 04 Aug, 2011 12:00am
ECP asks parties to submit bank statements before August 29

ECP asks parties to submit bank statements before August 29

Election Commission of Pakistan (ECP), on Wednesday asked the political parties to file with the commission their statement of accounts for financial year 2010-2011 before August 29. According to Article 13 of the Political Parties Order 2002, every polit
Published 04 Aug, 2011 12:00am
Another spell of monsoon rains predicted

Another spell of monsoon rains predicted

Met Office predicted another spell of monsoon rains in upper parts of the country from Thursday (today) that may produce scattered rains/thundershowers during next 3-4 days. Later on this weather system is likely to spread to other parts of the country.
Published 04 Aug, 2011 12:00am
Journalist Yusuf Khan dies

Journalist Yusuf Khan dies

Senior journalist Yusuf Khan died of heart attack here on Wednesday evening. He was 54. He leaves behind wife, two sons and one daughter. Khan was Deputy Resident Editor-cum-Chief Reporter of Nawa-e-Waqt, a newspaper he served since the late 1970s.
Published 04 Aug, 2011 12:00am
Tajikistan bans youth from mosques

Tajikistan bans youth from mosques

Tajikistan on Wednesday banned all children and teenagers from worshipping in mosques. President Emomali Rakhmon signed the measure into law after it was unanimously adopted by the upper house of parliament last month, local news reports said. The law ban
Published 04 Aug, 2011 12:00am
Tajikistan bans youth from mosques

Tajikistan bans youth from mosques

Tajikistan on Wednesday banned all children and teenagers from worshipping in mosques. President Emomali Rakhmon signed the measure into law after it was unanimously adopted by the upper house of parliament last month, local news reports said. The law ban
Published 04 Aug, 2011 12:00am
Russia delivers 11 MiG jets to India

Russia delivers 11 MiG jets to India

Russia has dispatched 11 MiG fighter jets to India to equip the aircraft carrier it will deliver next year, head of the MiG corporation Sergei Korotkov said Wednesday. "We have already delivered 11. Five more will be delivered by the end of the year," he
Published 04 Aug, 2011 12:00am
Russia delivers 11 MiG jets to India

Russia delivers 11 MiG jets to India

Russia has dispatched 11 MiG fighter jets to India to equip the aircraft carrier it will deliver next year, head of the MiG corporation Sergei Korotkov said Wednesday. "We have already delivered 11. Five more will be delivered by the end of the year," he
Published 04 Aug, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Aug, 2011 12:00am
New IMF programme as per Pakistan''s policies

New IMF programme as per Pakistan''s policies

If Pakistan goes for a new programme from the International Monetary Fund (IMF), it would be based on the policies of the Pakistani authorities and designed by the Fund in close collaboration with them. Well-placed sources told Business Recorder he
Published 04 Aug, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Aug, 2011 12:00am
New IMF programme as per Pakistan's policies

New IMF programme as per Pakistan's policies

If Pakistan goes for a new programme from the International Monetary Fund (IMF), it would be based on the policies of the Pakistani authorities and designed by the Fund in close collaboration with them. Well-placed sources told Business Recorder he
Published 04 Aug, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 04 Aug, 2011 12:00am
New IMF programme as per Pakistan's policies

New IMF programme as per Pakistan's policies

If Pakistan goes for a new programme from the International Monetary Fund (IMF), it would be based on the policies of the Pakistani authorities and designed by the Fund in close collaboration with them. Well-placed sources told Business Recorder he
Published 04 Aug, 2011 12:00am
LTUs and RTOs to be assigned revenue targets: Commissioners'' moot today

LTUs and RTOs to be assigned revenue targets: Commissioners'' moot today

The Federal Board of Revenue will assign monthly and quarterly net revenue collection targets to the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) during the Chief Commissioners conference to be held on Thursday (today) to meet the annual ta
Published 04 Aug, 2011 12:00am
LTUs and RTOs to be assigned revenue targets: Commissioners' moot today

LTUs and RTOs to be assigned revenue targets: Commissioners' moot today

The Federal Board of Revenue will assign monthly and quarterly net revenue collection targets to the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) during the Chief Commissioners conference to be held on Thursday (today) to meet the annual ta
Published 04 Aug, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 Aug, 2011 12:00am
LTUs and RTOs to be assigned revenue targets: Commissioners' moot today

LTUs and RTOs to be assigned revenue targets: Commissioners' moot today

The Federal Board of Revenue will assign monthly and quarterly net revenue collection targets to the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) during the Chief Commissioners conference to be held on Thursday (today) to meet the annual ta
Published 04 Aug, 2011 12:00am
Gold prices at historic high

Gold prices at historic high

Gold prices on Wednesday posted a huge increase of Rs 1,029 to hit a new high of Rs 45, 857 per 10 grams following global market''s surge by $41 an ounce, traders said. Gold was available for Rs 44, 828 per 10 grams, which moved upward after the global ma
Published 04 Aug, 2011 12:00am
Gold prices at historic high

Gold prices at historic high

Gold prices on Wednesday posted a huge increase of Rs 1,029 to hit a new high of Rs 45, 857 per 10 grams following global market's surge by $41 an ounce, traders said. Gold was available for Rs 44, 828 per 10 grams, which moved upward after the global mar
Published 04 Aug, 2011 12:00am
Gold prices at historic high

Gold prices at historic high

Gold prices on Wednesday posted a huge increase of Rs 1,029 to hit a new high of Rs 45, 857 per 10 grams following global market's surge by $41 an ounce, traders said. Gold was available for Rs 44, 828 per 10 grams, which moved upward after the global mar
Published 04 Aug, 2011 12:00am
TCP to provide 0.1 million tons of sugar to USC

TCP to provide 0.1 million tons of sugar to USC

The Trading Corporation of Pakistan (TCP) will supply 100,000 tons of sugar to Utility Stores Corporation (USC) to avoid shortage of the essential commodity during Ramazan. Following the federal government directives, the TCP is providing the commodity as
Published 04 Aug, 2011 12:00am
TCP to provide 0.1 million tons of sugar to USC

TCP to provide 0.1 million tons of sugar to USC

The Trading Corporation of Pakistan (TCP) will supply 100,000 tons of sugar to Utility Stores Corporation (USC) to avoid shortage of the essential commodity during Ramazan. Following the federal government directives, the TCP is providing the commodity as
Published 04 Aug, 2011 12:00am
TCP to provide 0.1 million tons of sugar to USC

TCP to provide 0.1 million tons of sugar to USC

The Trading Corporation of Pakistan (TCP) will supply 100,000 tons of sugar to Utility Stores Corporation (USC) to avoid shortage of the essential commodity during Ramazan. Following the federal government directives, the TCP is providing the commodity as
Published 04 Aug, 2011 12:00am
US, UN, IOC targets of huge cyber spying campaign

US, UN, IOC targets of huge cyber spying campaign

The governments of the United States and several other countries, US defence contractors, the United Nations and the International Olympic Committee have been targets of a massive global cyber spying campaign, US computer security firm McAfee said Wednesd
Published 04 Aug, 2011 12:00am
US, UN, IOC targets of huge cyber spying campaign

US, UN, IOC targets of huge cyber spying campaign

The governments of the United States and several other countries, US defence contractors, the United Nations and the International Olympic Committee have been targets of a massive global cyber spying campaign, US computer security firm McAfee said Wednesd
Published 04 Aug, 2011 12:00am
US, UN, IOC targets of huge cyber spying campaign

US, UN, IOC targets of huge cyber spying campaign

The governments of the United States and several other countries, US defence contractors, the United Nations and the International Olympic Committee have been targets of a massive global cyber spying campaign, US computer security firm McAfee said Wednesd
Published 04 Aug, 2011 12:00am
Afghan-Pakistan trade dispute: shipping containers stuck at Karachi port

Afghan-Pakistan trade dispute: shipping containers stuck at Karachi port

Nearly 2,500 shipping containers bound for war-ravaged Afghanistan are stuck at Karachi port, officials said on Wednesday, in a wrangle over financial guarantees for the goods as part of a trade transit deal brokered by the United States. The transit trad
Published 04 Aug, 2011 12:00am
Afghan-Pakistan trade dispute: shipping containers stuck at Karachi port

Afghan-Pakistan trade dispute: shipping containers stuck at Karachi port

Nearly 2,500 shipping containers bound for war-ravaged Afghanistan are stuck at Karachi port, officials said on Wednesday, in a wrangle over financial guarantees for the goods as part of a trade transit deal brokered by the United States. The transit trad
Published 04 Aug, 2011 12:00am
Afghan-Pakistan trade dispute: shipping containers stuck at Karachi port

Afghan-Pakistan trade dispute: shipping containers stuck at Karachi port

Nearly 2,500 shipping containers bound for war-ravaged Afghanistan are stuck at Karachi port, officials said on Wednesday, in a wrangle over financial guarantees for the goods as part of a trade transit deal brokered by the United States. The transit trad
Published 04 Aug, 2011 12:00am
LNG developers may sell RLNG to end-users: Ogra to amend policy

LNG developers may sell RLNG to end-users: Ogra to amend policy

The Oil and Gas Regulatory Authority (Ogra) considered the request of Liquefied Natural Gas importers to amend the LNG Policy, according to which the developers of LNG would have the right to directly sell Re-gassed Liquefied Natural Gas (RLNG) to end use
Published 04 Aug, 2011 12:00am
LNG developers may sell RLNG to end-users: Ogra to amend policy

LNG developers may sell RLNG to end-users: Ogra to amend policy

The Oil and Gas Regulatory Authority (Ogra) considered the request of Liquefied Natural Gas importers to amend the LNG Policy, according to which the developers of LNG would have the right to directly sell Re-gassed Liquefied Natural Gas (RLNG) to end use
Published 04 Aug, 2011 12:00am
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