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Print - 2011-09-27
Manila to buy up to 500,000 tonnes of rice in 2012

Manila to buy up to 500,000 tonnes of rice in 2012

The Philippines said on Monday its rice imports for 2012 will not exceed 500,000 tonnes, and it will not rush back into the market soon with expectations of a record domestic harvest this year barring weather disturbances. Improved irrigation systems, goo
Published 27 Sep, 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 Monday (September 26, 2011).

Published 27 Sep, 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 Monday (September 26, 2011).

Published 27 Sep, 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 Monday (September 26, 2011).

Published 27 Sep, 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 27 Sep, 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 27 Sep, 2011 12:00am
US corn, wheat prices up but soya hits 10-month low

US corn, wheat prices up but soya hits 10-month low

US corn and wheat prices edged up on Monday, regaining some ground after last week's steep setbacks, while soyabeans slid to a fresh 10-month low as investors remained wary of commodities as global economic woes heightened risk aversion. Wheat prices have
Published 27 Sep, 2011 12:00am
Vietnam's 2011 paddy output to hit record 42 million tonnes

Vietnam's 2011 paddy output to hit record 42 million tonnes

Vietnam, the world's second-largest rice exporter, is forecast to produce a record 42 million tonnes of paddy this year, up around 5 percent from 2010 due to a larger planting area and higher yields, the Agriculture Ministry said. The rising output of unh
Published 27 Sep, 2011 12:00am
Former BP boss quits Russian joint venture

Former BP boss quits Russian joint venture

Tony Hayward, the former head of BP who stepped down after the Gulf of Mexico oil spill catastrophe, is leaving his post on the board of its Russian joint venture TNK-BP, the company said Monday. Hayward, who came under huge criticism for his role in the
Published 27 Sep, 2011 12:00am
Algeria's January-August grain imports up

Algeria's January-August grain imports up

Algeria's soft and durum wheat imports stood at 5.18 million tonnes during the first eight months of 2011, customs data showed, a 36.7 percent rise on the same period last year. Soft wheat purchases rose to 4.1 million tonnes from 2.62 million tonnes in t
Published 27 Sep, 2011 12:00am
Natural rubber prices may rise

Natural rubber prices may rise

Natural rubber prices could still rise to more than $5 a kg in the fourth quarter of this year as growth in emerging economies is expected to offset a slowdown in Europe and the United States, the International Rubber Consortium (IRCo) said on Monday.
Published 27 Sep, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 220,114 tonnes of cargo including 128,920 tonnes of import cargo, 91,194 tonnes of export cargo and 3,380 loaded & empty containers during last 48 hours ended at 0700 hours on Monday.
Published 27 Sep, 2011 12:00am
Kenya's 2011 tea earnings seen at record high

Kenya's 2011 tea earnings seen at record high

Kenya forecasts record tea earnings this year even though exports are seen falling against last year's bumper crop, and might fare even better in 2012 thanks to a sharp decline in its currency versus the dollar. Tea exports in 2011 were expected to decrea
Published 27 Sep, 2011 12:00am
Minor changes in thin trade on grain market

Minor changes in thin trade on grain market

Slow business was seen on the wholesale grain market on Monday due to lack of interest in fresh buying, dealers said. On the cereal side, wheat old (Bardan) was registered at Rs 2600 and new quality was quoted at Rs 2615 in low trading, they said. On the
Published 27 Sep, 2011 12:00am
Cotton yarn prices fall

Cotton yarn prices fall

Faisalabad yarn market was down from 1st to 26th September 2011 Rs 100 to 250. Cotton Yarn counts 10/S, 16/S, 20/S, 24/S, 30/S, 40/S, 52/S and 80/S were down by Rs 48 in last five days but Polyester fiber and yarn prices were raised on domestic market, du
Published 27 Sep, 2011 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was lower and January contract was unchanged on the forward cottonseed oilcake market on Monday in process of trading, dealers said. The December contract that had ended at Rs 1313.60 commenced with a fall of 20 paisa at Rs 1313.40. The
Published 27 Sep, 2011 12:00am
Prices firm on cotton market amid thin trading

Prices firm on cotton market amid thin trading

Growers adopted a strategy of not selling cotton to stop further decline in the rates, dealers said on the cotton market on Monday. The Karachi Cotton Association (KCA) official spot rate was inert at Rs 6,300, they said. Prices of seedcotton in Sindh was
Published 27 Sep, 2011 12:00am
UAE says banks taken steps to deal with euro debt crisis

UAE says banks taken steps to deal with euro debt crisis

The United Arab Emirates' banks have made necessary provisions to deal with the European debt crisis and a potential global recession is not a worry for the oil producer's business hub Dubai, top government officials said on Monday. The global credit crun
Published 27 Sep, 2011 12:00am
Zimbabwe rejects StanChart's ownership plan

Zimbabwe rejects StanChart's ownership plan

Zimbabwe has rejected Standard Chartered's ownership plan for its Zimbabwean unit because it falls below the required 51 percent local stake, state media reported on Monday. Under a controversial "indigenisation" law, foreign firms operating in Zimbabwe a
Published 27 Sep, 2011 12:00am
US MIDDAY: wheat rebounds

US MIDDAY: wheat rebounds

US wheat prices early on Monday posted a sharp rebound from last week's slide, lifting corn futures as traders said a weaker dollar added support to a market that was oversold. Wheat led the way, with the Minneapolis spring wheat market up 2.8 percent at
Published 27 Sep, 2011 12:00am
Gold fall continues

Gold fall continues

The gold prices fall continues and on Monday the metal was down by Rs 700 per tola to Rs 56,000 in Karachi market, after the global market posted a $40 slump to $1617 an ounce, traders said. The price of gold per 10 gram went down to Rs 48,257 from Rs 48,
Published 27 Sep, 2011 12:00am
Dengue patients: sudden rise witnessed in Karachi

Dengue patients: sudden rise witnessed in Karachi

A sudden increase in dengue patients is witnessed in the city on Monday when some 55 patients tested positive for dengue, dengue surveillance official said. He said 55 suspected patients of dengue virus were brought to different hospitals of the city duri
Published 27 Sep, 2011 12:00am
Teli slams US allegations

Teli slams US allegations

Siraj Kassim Teli, Chairman Businessmen Group and Former President Karachi Chamber of Commerce and Industry in a statement released to the Press with the reference to US allegations against Pakistan's Government / ISI / Army said that we the Industrial an
Published 27 Sep, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (September 26, 2011).

Published 27 Sep, 2011 12:00am
Non-payment of dues: medicines supply to CHK stopped

Non-payment of dues: medicines supply to CHK stopped

Due to non-payment of outstanding dues of the company supplying medicine to Civil Hospital Karachi (CHK), lives of hundreds of patients admitted in city's major public sector facility are under severe risk, Business Recorder learnt on Monday.
Published 27 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 27 Sep, 2011 12:00am
Sindh Rangers launch helpline

Sindh Rangers launch helpline

The Sindh Rangers has launched 'Rangers helpline' to facilitate the Karachiites in registering their complaints against extortionists, kidnappers and also the incidents of maltreatment by rangers' personnel during the ongoing search operations in the city
Published 27 Sep, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 27 Sep, 2011 12:00am
SRB notifies powers and functions of its Commissioners

SRB notifies powers and functions of its Commissioners

The Sindh Board of Revenue (SRB) notified powers and functions of its Commissioners on Monday. According to the notification, Commissioner (Appeals) SRB, has been assigned the powers and functions in the province of Sindh under sections 57, 58, 59 and 64
Published 27 Sep, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 26, 2011).

Published 27 Sep, 2011 12:00am
The Weather

The Weather

The weather report on Monday (September 26, 2011) and the forecast for Tuesday (September 27, 2011).

Published 27 Sep, 2011 12:00am
10 target killers among 13 suspects arrested

10 target killers among 13 suspects arrested

Sindh police on Monday claimed to have arrested 13 suspects including 10 target killers in separate raids at various parts of the metropolis and seized huge cache of weapons. According to sources, the Anti Extremist Cell (AEC) of Crime Investigation Depar
Published 27 Sep, 2011 12:00am
Four killed in separate incidents

Four killed in separate incidents

At least four persons including a woman were killed in separate incidents at various parts of metropolis on Monday. According to police, a man found dead in mysterious circumstances at his shop located at Meera Naka in the limits of Chakiwara police stati
Published 27 Sep, 2011 12:00am
Ebad assures businessmen of restoration of peace in metropolis

Ebad assures businessmen of restoration of peace in metropolis

Governor Sindh, Dr Ishratul Ebad Khan has assured business community that special powers delegated to Ranges and police to restore peace in the city would not be withdrawn until and unless they succeeded in their mission. Speaking at annual dinner of Kora
Published 27 Sep, 2011 12:00am
Date for filing of tax returns extended

Date for filing of tax returns extended

The Federal Board of Revenue has extended the date for filing of returns of total income/statements of final taxation up to October 25, 2011. According to a press release issued by the FBR here on Monday, in exercise of the powers conferred under section
Published 27 Sep, 2011 12:00am
Saudi Arabia felicitated on National Day

Saudi Arabia felicitated on National Day

On the auspicious occasion of 81st National Day of the Kingdom of Saudi Arabia, Siraj Kassim Teli, Chairman, Businessmen Group (BMG) & former President KCCI.
Published 27 Sep, 2011 12:00am
Polio eradication: Japan to provide 65 million dollars aid

Polio eradication: Japan to provide 65 million dollars aid

Japan will finance the second round of polio eradication drive in Pakistan with an amount of $65 million through the globally known Bill and Melanda Gates Foundation, officials said. An agreement has been signed to that effect, Abdul Wajid Rana, Secretary
Published 27 Sep, 2011 12:00am
Flood relief: France to provide Rs 90 million to NDMA, NGOs

Flood relief: France to provide Rs 90 million to NDMA, NGOs

France will provide 60 million rupees to National Disaster Management Authority and 10 million rupees each to three non-governmental organisations in Pakistan, as flood relief assistance. The assistance comprises shelters (tents, blankets, tarpaulins) for
Published 27 Sep, 2011 12:00am
Dengue virus, Rabies: PES, Rescue 1122 begin joint campaign

Dengue virus, Rabies: PES, Rescue 1122 begin joint campaign

Punjab Emergency Service, Rescue 1122 and Shifa International Hospital here jointly started a campaign against dengue virus and Rabies in the colleges. In this regard, joint effort of both the organisations has been started from Police College, Sihala and
Published 27 Sep, 2011 12:00am
Global Finance Award for HBL

Global Finance Award for HBL

At the annual World Bank and IMF meetings 2011 currently underway in Washington, D.C, Global Finance presented banking awards to the top global banks at a ceremony attended by senior bank officials of prominent global banks. HBL was presented with the awa
Published 27 Sep, 2011 12:00am
Steering committee decides to continue water project

Steering committee decides to continue water project

Federal Steering Committee on Chaghi Water Management and Agriculture Development Project on Monday decided to continue the project for further one year to complete the remaining work in Chaghi and Nushki districts of Balochistan.
Published 27 Sep, 2011 12:00am
PTCL upgrades telephone exchanges

PTCL upgrades telephone exchanges

Pakistan Telecommunication Company Limited (PTCL) is upgrading its telephone exchanges from Time Division Multiplexing (TDM) based technology to latest Next Generation Network (NGN) technology for providing better and improved services to its valued custo
Published 27 Sep, 2011 12:00am
Meeting resolves long-standing issue of outstanding bills

Meeting resolves long-standing issue of outstanding bills

Chief Secretary Sindh Muhammad Abbas Raja has called upon officials of HESCO and SEPCO to evolve transparent procedure for preparing electricity bills of Sindh government departments. This he said while presiding over a meeting which was held here on Mond
Published 27 Sep, 2011 12:00am
AJK Prime Minister vows to establish corruption-free society

AJK Prime Minister vows to establish corruption-free society

AJK Prime Minister, Chaudhry Abdul Majeed has categorically declared that his newly-elected people government will leave no stone unturned to establish a corruption-free society in Azad Jammu & Kashmir. He was speaking to various public representative del
Published 27 Sep, 2011 12:00am
Leading customs agents satisfied with WeBOC working

Leading customs agents satisfied with WeBOC working

Leading customs clearing agents of Karachi have shown their satisfaction over the working of the indigenously developed automated customs clearance system - Web Based One Custom (WeBOC) - at Qasim International Container Terminal, Port Qasim Karachi.
Published 27 Sep, 2011 12:00am
Qualified womenfolk termed Pakistan's greatest untapped resource

Qualified womenfolk termed Pakistan's greatest untapped resource

Pakistan's greatest untapped resource is its highly qualified and motivated womenfolk, who, if given a chance, have the ability to lead its economy to impressive new records of productivity and prosperity. This was stated by Dr Marilyn Wyatt, wife of US a
Published 27 Sep, 2011 12:00am
FWBL, Singer sign agreement

FWBL, Singer sign agreement

First Women Bank Ltd (FWBL) and Singer Pakistan Ltd with its brand name 'Singer', a globally recognised brand for last 160 years known for its reliability and quality in home appliances have entered into an agreement to facilitate customers on shop at Sin
Published 27 Sep, 2011 12:00am
People urged to renew arms licenses till September 30

People urged to renew arms licenses till September 30

National Database and Registration Authority (Nadra) has asked the people to get their arms licenses issued by the federal interior ministry renewed till September 30. An official said that the authority has designated around 158 centres across the countr
Published 27 Sep, 2011 12:00am
World Tourism Day today

World Tourism Day today

Arrangements have been finalised to mark World Tourism Day in Pakistan and Pakistan Tourism Development Corporation (PTDC) along with other counterparts would organise a series of events to showcase country's potential in its enchanting tourism sector. Wo
Published 27 Sep, 2011 12:00am
PSEB told to allow more interns, boost stipend

PSEB told to allow more interns, boost stipend

While addressing the 18th meeting of the Board of Directors of Pakistan Software Export Board (PSEB), on Monday, Prime Minister Syed Yousuf Raza Gilani directed the Board to increase the number of interns and also the amount of stipend to facilitate them
Published 27 Sep, 2011 12:00am
Dar asks Gilani to convene joint session on October 3

Dar asks Gilani to convene joint session on October 3

Pakistan Muslim League-Nawaz (PML-N) Senator Muhammad Ishaq Dar in letter written to Prime Minister Syed Yousuf Raza Gilani has requested him to convene a joint session of parliament, instead of summoning only the National Assembly session on October 3.
Published 27 Sep, 2011 12:00am
Sargodha accidents claim three lives, hurt 40 kids

Sargodha accidents claim three lives, hurt 40 kids

At least three persons died while 40 school-going kids sustained injuries in two separate accidents in Sargodha early Monday morning. According to details, three motorcyclists were killed on the spot after they were hit by a speeding-truck near Commerce C
Published 27 Sep, 2011 12:00am
Dengue fever: WHO team arrives to assess situation

Dengue fever: WHO team arrives to assess situation

An emergency team of the World Health Organisation (WHO) is in Pakistan to assess the health situation following the outbreak of dengue fever, in response to government's request. WHO is planning to provide Pakistan support in controlling the dengue outbr
Published 27 Sep, 2011 12:00am
Telecom sector development: PTA chief calls for bringing more value

Telecom sector development: PTA chief calls for bringing more value

To boost broadband development and sustainable economic growth in the country, Huawei Pakistan in collaboration with Pakistan Telecommunication Authority (PTA) launched "2011 Broadband Forum & Road Show" with the theme "Smarter Network for Better Life," h
Published 27 Sep, 2011 12:00am
EOBI pensioners still awaiting raise

EOBI pensioners still awaiting raise

The PPP-led government has not increased Pension of Employees Old-Age Benefit Institution (EOBI) so far despite announcement made by Prime Minister Yousuf Raza Gilani in Labour Policy 2010. Pension holders of EOBI are waiting for increase for the last thr
Published 27 Sep, 2011 12:00am
'Thar coal reserves to generate 1,000MW electricity for 30 years'

'Thar coal reserves to generate 1,000MW electricity for 30 years'

Member of the Science and Technology Planning Commission Dr Samar Mubarakmand on Monday said that at least 1,000 megawatts could be generated out of Thar Coal reserves. Talking to a private news channel, he said that at least, dollars 115 billion were req
Published 27 Sep, 2011 12:00am
Smeda, Fata sign MoU on WB funded ERKF project

Smeda, Fata sign MoU on WB funded ERKF project

Small and Medium Enterprises Development Authority (SMEDA) and FATA secretariat on Monday signed a Memorandum of Understanding (MoU) under the WB funded project for "Economic Revitalisation in Khyber-Pakhtunkhwa and FATA" (ERKF)
Published 27 Sep, 2011 12:00am
World Vision to assist flood victims

World Vision to assist flood victims

World Vision Pakistan's National Director, Alexander Davey said that World Vision Pakistan decided to intensify its flood response activities to assist nearly six million people affected by severe flooding in 22 of the 23 districts of Sindh as well as are
Published 27 Sep, 2011 12:00am
House gutted, valuables destroyed

House gutted, valuables destroyed

No human losses were reported as fire caused by short circuit engulfed the house in Shaheen colony razing it to the ground, said 1122 here on Monday. According to 1122, fire broke out in the house of one Zahid here in Shaheen colony due to short circuit r
Published 27 Sep, 2011 12:00am
Does Pakistan need new IMF programme?

Does Pakistan need new IMF programme?

The government is showing reluctance to negotiate a new programme with the IMF after its present arrangement with the global lending agency ends on September 30, 2011. Its hesitancy reveals its basic disposition towards a "greedy lender". Political expedi
Published 27 Sep, 2011 12:00am
The blind in the US

The blind in the US

The US is routinely annoyed at the world's refusal to believe what it 'wants' it to believe. Successive US administrations labelled the dissenters as either demented or evil because the US simply couldn't err or be dishonest. Proof: its record to-date beg
Published 27 Sep, 2011 12:00am
The United States' longest war drags on

The United States' longest war drags on

Between US President George W Bush announcing "Wanted: Dead or Alive" in September 2001 and incumbent Barack Obama proclaiming "Justice has been done" in May 2011, the United States spent most of the last decade hunting down one man.
Published 27 Sep, 2011 12:00am
Global warming-climate change

Global warming-climate change

The Inter-Governmental Panel on Climate Change (IPCC); International Committee on Climate Change; the International Transport Workers' Federation (ITF).
Published 27 Sep, 2011 12:00am
UHS gets Asia's Best Educational Institute award

UHS gets Asia's Best Educational Institute award

The World Education Congress Asia has awarded the University of Health Sciences (UHS) for being the best educational institute in healthcare. The award was received by UHS Controller of Examination Dr Junaid Sarfaraz Khan in a ceremony held in Dubai, UAE,
Published 27 Sep, 2011 12:00am
LCCI slams move to raise power tariff by 38 percent

LCCI slams move to raise power tariff by 38 percent

The Lahore Chamber of Commerce and Industry, while strongly criticising the move to jack up power tariff by 38 per cent (Rs 3.06 per unit), has urged the government to avoid this devastating and irrational move, as it would not only destroy the already cr
Published 27 Sep, 2011 12:00am
Teaching hospitals Appointment of ad hoc doctors, paramedics begins

Teaching hospitals Appointment of ad hoc doctors, paramedics begins

With a view to enhancing the existing medical and treatments facilities for dengue patients in government hospitals, ad hoc appointments of medical officers and allied staff through walk-in interviews have been started in the teaching hospitals here.
Published 27 Sep, 2011 12:00am
Dengue Test Cell set up

Dengue Test Cell set up

A Dengue Test Cell has been set up by the University of Agriculture Faisalabad at the Faculty of Veterinary Sciences and it has started functioning. The Cell was established on the directives of UAF Vice-Chancellor Professor Dr Iqrar Ahmad Khan while the
Published 27 Sep, 2011 12:00am
PHP seizes 65 liters of liquor

PHP seizes 65 liters of liquor

Punjab Highway Patrol (PHP) seized 65 liters liquor, 2.5 kg chars, 3 stolen cattle and illegal weapons on Monday. The PHP team Pul Bagar district Khanewal seized 65 liters liquor from Akhtar Ali S/O M. Faiz R/O, Wajid Ali S/O Ghulam Muhammad R/O and Arsha
Published 27 Sep, 2011 12:00am
Ikhtiar Baig leaves for India

Ikhtiar Baig leaves for India

Dr Mirza Ikhtiar Baig, Federal Advisor on Textile, Government of Pakistan has left for India with high power delegation led by Commerce Minister, Makhdoom Amin Fahim from 26th to 29th September 2011. Dr Baig will be giving a presentation on "The synergies
Published 27 Sep, 2011 12:00am
Premium Atta deal of the day concludes

Premium Atta deal of the day concludes

Chalo.pk, the latest venture by the entrepreneurs behind Rozee.pk, Pakistan's leading online jobs portal, has announced successful conclusion of its 'Premium Atta' deal of the day. Chalo.pk was recently launched by Monis Rahman, founder and CEO of Rozee.p
Published 27 Sep, 2011 12:00am
Farmers urged to adopt new technologies, researches

Farmers urged to adopt new technologies, researches

Pakistan can earn heavy amount of money by increasing the process of adopting new technologies and state-of-the-art researches by farmers in their fields that is also essential to cope with the agriculture challenges. This was stated by University of Agri
Published 27 Sep, 2011 12:00am
'New dengue diagnostic centres being set up'

'New dengue diagnostic centres being set up'

Minister for Labour Punjab, Haji Ehsan-ud-Din Qureshi has said that in order to enhance medical facilities for dengue patients new diagnostic centres for have been set up in the city.
Published 27 Sep, 2011 12:00am
PIAF hails Prime Minister's decision to convene APC

PIAF hails Prime Minister's decision to convene APC

Pakistan Industrial and Traders Association Front (PIAF) has hailed the Prime Minister Gilani's decision for convening an All Parties Conference (APC) to evolve consensus on national security situation. Chairman PIAF Sohail Lashari appreciated the bold st
Published 27 Sep, 2011 12:00am
Iran being approached to reopen Zero point

Iran being approached to reopen Zero point

Deputy Commissioner Chaghi Dr Mohammad Saeed Jamali has said that Iranian government was being approached and asked to reopen the zero point, a trade gate between Pakistan and Iran. Talking to newsmen on Monday, he said that Assistant Commissioner Chaghi
Published 27 Sep, 2011 12:00am
Salman elected Chairman PCMA unopposed

Salman elected Chairman PCMA unopposed

Muhammad Salman Yousuf as Chairman and Muhammad Arif Sonija as Vice-Chairman of Pakistan Cloth Merchants Association (PCMA) have been elected unopposed for the year 2011-2012. They will take charge on October 1, 2011, for one year.
Published 27 Sep, 2011 12:00am
Mobilink launches mobile application store

Mobilink launches mobile application store

Mobilink has launched Pakistan's first online mobile application store, at www.jazzbananas.com, which gives users access to thousands of apps that can be downloaded directly onto mobile handsets. Jazz Bananas is exclusive to all Mobilink prepaid and post-
Published 27 Sep, 2011 12:00am
Multilateral conference on October 20

Multilateral conference on October 20

The first multilateral conference 2011 is going to be held on October 20, 2011 in Karachi. This was announced by Saleem H Mandviwala, Chairman of the Board of Investment (BoI) along with Abdul Kader Jaffer, Chairman of Ahmad Jaffer and Company and Muhamma
Published 27 Sep, 2011 12:00am
Mashkoor's paintings exhibition, book launching today

Mashkoor's paintings exhibition, book launching today

A solo exhibition of paintings by master artist Mashkoor Raza and launching ceremony of book 'Mashkoor Raza's Journey, written by Nadeem Zuberi, will be held on Tuesday at 5:30 pm at Ocean Art Galleries, Karachi.
Published 27 Sep, 2011 12:00am
Makhdoom says his visit to boost ties with India

Makhdoom says his visit to boost ties with India

Commerce Minister Makhdoom Amin Fahim said on Monday that his visit would open avenues for the businessmen of Pakistan and India and boost bilateral trade. He was talking to media before his departure for Mumbai, India, at Karachi Airport. The Minister is
Published 27 Sep, 2011 12:00am
Afan Aziz elected SCCI president unopposed

Afan Aziz elected SCCI president unopposed

Afan Aziz former president Sarhad Chamber of Commerce and Industry (SCCI) and renowned industrialist elected unopposed as president of the Chamber, while Ziaul Haq Sarhadi and Abid Salam Khyber also elected unopposed as vice-presidents for 2011-12.
Published 27 Sep, 2011 12:00am
Bilour calls on Afghan Ambassador

Bilour calls on Afghan Ambassador

Minister for Railways Haji Ghulam Ahmed Bilour on Monday called on Afghan Ambassador to Pakistan Mohammad Umer Daudzai and condemned the assassination of Former Afghan President Burhanuddin Rabbani in Afghanistan. The Minister said that Burhanuddin Rabban
Published 27 Sep, 2011 12:00am
'Policies being implemented to meet challenges of disasters'

'Policies being implemented to meet challenges of disasters'

The Provincial Secretary to Forest department Syed Sohail Akbar Shah who has been nominated as Convenor and District-wise Co-ordinator with regard to supervise relief operation in rain-affected areas at districts Hyderabad, Tando Muhammad Khan, Tando Alla
Published 27 Sep, 2011 12:00am
EU ban on seafood import may be lifted in a month: Jokhio

EU ban on seafood import may be lifted in a month: Jokhio

The EU is 'most likely' to lift its four-year ban on Pakistan's seafood imports to its markets in a month's time, as the government has met the Union's all conditions to ensure catch and supply of the food on global hygienic standards.
Published 27 Sep, 2011 12:00am
NIC number on delivery vouchers: AKTI demands removal of condition

NIC number on delivery vouchers: AKTI demands removal of condition

The All Karachi Tajir Ittehad (AKTI) has demanded of the Federal Bureau of Revenue (FBR) to immediately abolish its condition of NIC number on delivery voucher, or the small traders would seek alternative methods to avoid legal ways of business.
Published 27 Sep, 2011 12:00am
Gas pipeline blown up in Dera Bugti

Gas pipeline blown up in Dera Bugti

Unknown armed men blew up a gas pipeline in the Pir Koh area on Monday. Unidentified men attached an explosive material with a 16-inch gas pipeline supplying gas to the purification plant from Pir Koh gas field and detonated it," police sources said. The
Published 27 Sep, 2011 12:00am
Second ElectroFair opens today

Second ElectroFair opens today

Inauguration ceremony of second ElectroFair 2011 exhibition and seminar will be held at Karachi Expo Centre from September 27, at 10:30 pm. This fair has been jointly organised by the Institute of Electrical and Electronics Engineers Pakistan (IEEEP) Kara
Published 27 Sep, 2011 12:00am
US MIDDAY: gold tumbles again

US MIDDAY: gold tumbles again

Gold tumbled nearly 4 percent Monday, hit by momentum selling and heavy liquidation by commodity hedge funds triggered by another sharp margin hike. The metal has lost 11 percent during its four-session sell-off, its worst four-day drop since February 198
Published 27 Sep, 2011 12:00am
US MIDDAY: copper plunges

US MIDDAY: copper plunges

The modest recovery extended into New York trading hours, helping give the key December COMEX contract a mild 0.30-cent lift by early close on Monday to $3.2830 per lb. With a weaker macro picture dominating sentiment, investors were becoming more reliant
Published 27 Sep, 2011 12:00am
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