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Print - 2011-12-17
MPs call for unity to thwart conspiracies against democracy

MPs call for unity to thwart conspiracies against democracy

The treasury and opposition members in the National Assembly on Friday called for unity to thwart conspiracies against the Parliament and democracy. The lawmakers from both sides of political aisle said that they should show unity to avert any plot agains
Published 17 Dec, 2011 12:00am
Two Pakistanis charged in Canada immigration fraud

Two Pakistanis charged in Canada immigration fraud

Two Pakistani nationals have been charged with immigration fraud for allegedly providing false Canadian residency information on their citizenship application, police announced Friday.
Published 17 Dec, 2011 12:00am
Dr Jamil honoured

Dr Jamil honoured

Dr Mubasher Jamil, a faculty member at Centre for Advanced Mathematics and Physics (CAMP), National University of Sciences and Technology (NUST) has been awarded Dr Raziuddin Siddiqui Prize for Mathematics 2011 on December 10, 2011 at Pakistan Academy of
Published 17 Dec, 2011 12:00am
The Weather

The Weather

The weather forecast is not being published as the Met Office did not update its Website on Friday.

Published 17 Dec, 2011 12:00am
Pak-China Business Council, institute sign pact on MoU

Pak-China Business Council, institute sign pact on MoU

Pakistan-China Business Council (BC) of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and Pakistan-China Institute have entered into an agreement to jointly work for the promotion of trade relations between Pakistan and China.
Published 17 Dec, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on December 13, 2011.

Published 17 Dec, 2011 12:00am
National Assembly informed about power projects' progress

National Assembly informed about power projects' progress

Minister for Water and Power, Syed Naveed Qamar on Friday informed the Lower House of the Parliament about the present status of 12 power generation projects launched by the government. He said that the work on Mangla Dam Raising Project (120MW) has been
Published 17 Dec, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on December 13, 2011.

Published 17 Dec, 2011 12:00am
Moot to discuss NLA constitutional status on December 19

Moot to discuss NLA constitutional status on December 19

The Board of Governors of National Language Authority (NLA) will meet on December 19, to discuss issues regarding its constitutional status, establishment of production unit, software competition and proposal to launch FM radio. The matters related to Dep
Published 17 Dec, 2011 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on December 13, 2011.

Published 17 Dec, 2011 12:00am
Kalat braves -10°C temperature

Kalat braves -10°C temperature

The Met Office has forecast a dry and cold weather for the city on Saturday with the maximum temperature expected to range between 11 to 13 degrees centigrade. Dry and cold weather has been forecast for the rest of the region. On Friday, the highest tempe
Published 17 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 16, 2011).

Published 17 Dec, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 17 Dec, 2011 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 17 Dec, 2011 12:00am
President grieved over Nur Khan's death

President grieved over Nur Khan's death

President Asif Ali Zardari has expressed profound grief on the demise of former PAF Chief Air Marshal, Nur Khan and paid him glowing tributes. In a condolence message, the president described Nur Khan as great patriot, a commander of exceptional courage a
Published 17 Dec, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 16, 2011).

Published 17 Dec, 2011 12:00am
12th Convention of MAP held

12th Convention of MAP held

The global economy is on a downward path, and what begun as a financial debt almost five years ago, has turned into political crises for many parts of the world. This was stated by Yaseen Anwar, Governor State Bank of Pakistan as a chief guest during the
Published 17 Dec, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (December 16, 2011) and for Saturday (December 17, 2011).
Published 17 Dec, 2011 12:00am
US arrests international graffiti artist

US arrests international graffiti artist

US authorities said Friday they have apprehended a fugitive French graffiti artist known as "Rask" for allegedly tagging trains in Boston, before trying to catch a flight home. Maxime Bezat, 25, was caught at Newark airport in New Jersey on December 3 whi
Published 17 Dec, 2011 12:00am
US arrests international graffiti artist

US arrests international graffiti artist

US authorities said Friday they have apprehended a fugitive French graffiti artist known as "Rask" for allegedly tagging trains in Boston, before trying to catch a flight home. Maxime Bezat, 25, was caught at Newark airport in New Jersey on December 3 whi
Published 17 Dec, 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 (December 16, 2011).

Published 17 Dec, 2011 12:00am
PSO receivables rise to Rs 180.3 billion

PSO receivables rise to Rs 180.3 billion

The total receivables and payables of Pakistan State Oil (PSO) have swelled to over Rs 352 billion out of which Rs 180.3 billion are receivables and Rs 172.15 billion payables. According to official data available with Business Recorder, the national fuel
Published 17 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 16, 2011).

Published 17 Dec, 2011 12:00am
PSO receivables rise to Rs 180.3 billion

PSO receivables rise to Rs 180.3 billion

The total receivables and payables of Pakistan State Oil (PSO) have swelled to over Rs 352 billion out of which Rs 180.3 billion are receivables and Rs 172.15 billion payables. According to official data available with Business Recorder, the national fuel
Published 17 Dec, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (December 16, 2011).

Published 17 Dec, 2011 12:00am
PSO receivables rise to Rs 180.3 billion

PSO receivables rise to Rs 180.3 billion

The total receivables and payables of Pakistan State Oil (PSO) have swelled to over Rs 352 billion out of which Rs 180.3 billion are receivables and Rs 172.15 billion payables. According to official data available with Business Recorder, the national fuel
Published 17 Dec, 2011 12:00am
THE RUPEE: dollar down slightly

THE RUPEE: dollar down slightly

Modest recovery was witnessed on the currency market on Friday amid mounting uncertainties on both the political and economic fronts following confrontations on memo issue, dealers said. The rupee picked up five paisa in relation to dollar for buying and
Published 17 Dec, 2011 12:00am
THE RUPEE: dollar down slightly

THE RUPEE: dollar down slightly

Modest recovery was witnessed on the currency market on Friday amid mounting uncertainties on both the political and economic fronts following confrontations on memo issue, dealers said. The rupee picked up five paisa in relation to dollar for buying and
Published 17 Dec, 2011 12:00am
I should not be condemned without due process: Haqqani

I should not be condemned without due process: Haqqani

Pakistan's former ambassador to the United States Husain Haqqani Friday said he returned to Pakistan to clear his name in memo affair and defend the credentials of the democratically elected government he served honourably. In a statement issued by him fo
Published 17 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (December 16, 2011).

Published 17 Dec, 2011 12:00am
I should not be condemned without due process: Haqqani

I should not be condemned without due process: Haqqani

Pakistan's former ambassador to the United States Husain Haqqani Friday said he returned to Pakistan to clear his name in memo affair and defend the credentials of the democratically elected government he served honourably. In a statement issued by him fo
Published 17 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (December 16, 2011).

Published 17 Dec, 2011 12:00am
KSE develops cash margin management system

KSE develops cash margin management system

In order to enhance the efficiency and effectiveness of Cash Margins through their automated deposits and release through banks, Cash Margin Management System (CMMS) has been developed through which brokerage houses will be able to process the Cash Collat
Published 17 Dec, 2011 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Friday (December 16, 2011).

Published 17 Dec, 2011 12:00am
KSE develops cash margin management system

KSE develops cash margin management system

In order to enhance the efficiency and effectiveness of Cash Margins through their automated deposits and release through banks, Cash Margin Management System (CMMS) has been developed through which brokerage houses will be able to process the Cash Collat
Published 17 Dec, 2011 12:00am
KSE develops cash margin management system

KSE develops cash margin management system

In order to enhance the efficiency and effectiveness of Cash Margins through their automated deposits and release through banks, Cash Margin Management System (CMMS) has been developed through which brokerage houses will be able to process the Cash Collat
Published 17 Dec, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (December 16, 2011).

Published 17 Dec, 2011 12:00am
PSMA seeks sugar export ban lifted on plentiful output

PSMA seeks sugar export ban lifted on plentiful output

Pakistani millers are seeking permission from the government to export up to 500,000 tonnes of refined sugar as they are expecting bumper production, Pakistan Sugar Mills Association (PSMA) said on Friday. Pakistan''s annual sugar consumption is about 4.2
Published 17 Dec, 2011 12:00am
PSMA seeks sugar export ban lifted on plentiful output

PSMA seeks sugar export ban lifted on plentiful output

Pakistani millers are seeking permission from the government to export up to 500,000 tonnes of refined sugar as they are expecting bumper production, Pakistan Sugar Mills Association (PSMA) said on Friday. Pakistan's annual sugar consumption is about 4.2
Published 17 Dec, 2011 12:00am
PSMA seeks sugar export ban lifted on plentiful output

PSMA seeks sugar export ban lifted on plentiful output

Pakistani millers are seeking permission from the government to export up to 500,000 tonnes of refined sugar as they are expecting bumper production, Pakistan Sugar Mills Association (PSMA) said on Friday. Pakistan's annual sugar consumption is about 4.2
Published 17 Dec, 2011 12:00am
November refineries'' output down 14 percent

November refineries'' output down 14 percent

The refineries'' production in the country in November declined by 14 percent on year-on-year basis to 590,000 tons. Based on provisional numbers, the refineries'' production has declined by 5 percent on month-on-month basis. "We believe, further worsenin
Published 17 Dec, 2011 12:00am
November refineries' output down 14 percent

November refineries' output down 14 percent

The refineries' production in the country in November declined by 14 percent on year-on-year basis to 590,000 tons. Based on provisional numbers, the refineries' production has declined by 5 percent on month-on-month basis. "We believe, further worsening
Published 17 Dec, 2011 12:00am
November refineries' output down 14 percent

November refineries' output down 14 percent

The refineries' production in the country in November declined by 14 percent on year-on-year basis to 590,000 tons. Based on provisional numbers, the refineries' production has declined by 5 percent on month-on-month basis. "We believe, further worsening
Published 17 Dec, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 Dec, 2011 12:00am
British writer Christopher Hitchens dead

British writer Christopher Hitchens dead

Renowned and provocative British writer and polemicist Christopher Hitchens, has died after an 18-month battle against cancer. He was 62. Hitchens started his career in London but moved to the United States in 1981, enjoying great success on account of hi
Published 17 Dec, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 Dec, 2011 12:00am
British writer Christopher Hitchens dead

British writer Christopher Hitchens dead

Renowned and provocative British writer and polemicist Christopher Hitchens, has died after an 18-month battle against cancer. He was 62. Hitchens started his career in London but moved to the United States in 1981, enjoying great success on account of hi
Published 17 Dec, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 17 Dec, 2011 12:00am
Russia signs preliminary deal to sell 42 jets to India

Russia signs preliminary deal to sell 42 jets to India

Visiting Prime Minister Manmohan Singh and Russian President Dmitry Medvedev on Friday oversaw the signing of an agreement to sell to India 42 Su-30 jets in kit form as the Kremlin scrambles to retain ties with its Soviet-era arms purchaser.
Published 17 Dec, 2011 12:00am
Russia signs preliminary deal to sell 42 jets to India

Russia signs preliminary deal to sell 42 jets to India

Visiting Prime Minister Manmohan Singh and Russian President Dmitry Medvedev on Friday oversaw the signing of an agreement to sell to India 42 Su-30 jets in kit form as the Kremlin scrambles to retain ties with its Soviet-era arms purchaser.
Published 17 Dec, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 17 Dec, 2011 12:00am
Italy intercepts bullets for Monti, Berlusconi

Italy intercepts bullets for Monti, Berlusconi

Letters containing bullets and threatening notes addressed to Italian Prime Minister Mario Monti and his predecessor Silvio Berlusconi were intercepted by the post office, police said Friday. The letters, along with others containing bullets addressed to
Published 17 Dec, 2011 12:00am
SBP clarification

SBP clarification

Apropos a news item ''Arrangements made for timely payment to IMF: Yaseen'' carried by Business Recorder on Friday, SBP has clarified that State Bank of Pakistan Governor Yaseen Anwar while talking to media in Karachi Thursday, had said that "the S
Published 17 Dec, 2011 12:00am
SBP clarification

SBP clarification

Apropos a news item 'Arrangements made for timely payment to IMF: Yaseen' carried by Business Recorder on Friday, SBP has clarified that State Bank of Pakistan Governor Yaseen Anwar while talking to media in Karachi Thursday, had said that "the SBP
Published 17 Dec, 2011 12:00am
SBP clarification

SBP clarification

Apropos a news item 'Arrangements made for timely payment to IMF: Yaseen' carried by Business Recorder on Friday, SBP has clarified that State Bank of Pakistan Governor Yaseen Anwar while talking to media in Karachi Thursday, had said that "the SBP
Published 17 Dec, 2011 12:00am
Redlines should be respected: Gilani tells Munter

Redlines should be respected: Gilani tells Munter

Prime Minister Syed Yousuf Raza Gilani made it clear to the US that Pakistan's redlines should be respected, adding that the US must ensure respect for national sovereignty and territorial integrity of Pakistan with the guarantee of non-occurrence of the
Published 17 Dec, 2011 12:00am
Redlines should be respected: Gilani tells Munter

Redlines should be respected: Gilani tells Munter

Prime Minister Syed Yousuf Raza Gilani made it clear to the US that Pakistan's redlines should be respected, adding that the US must ensure respect for national sovereignty and territorial integrity of Pakistan with the guarantee of non-occurrence of the
Published 17 Dec, 2011 12:00am
PML-N urges Supreme Court to summon Wajid

PML-N urges Supreme Court to summon Wajid

Two identical applications filed in Supreme Court (SC) on Friday sought to make Pakistan High Commissioner to United Kingdom (UK) Wajid Shamsul Hassan a party in the Memogate case on the basis of his statement that Pakistani leadership might have been awa
Published 17 Dec, 2011 12:00am
PML-N urges Supreme Court to summon Wajid

PML-N urges Supreme Court to summon Wajid

Two identical applications filed in Supreme Court (SC) on Friday sought to make Pakistan High Commissioner to United Kingdom (UK) Wajid Shamsul Hassan a party in the Memogate case on the basis of his statement that Pakistani leadership might have been awa
Published 17 Dec, 2011 12:00am
Article 47 cannot be invoked: I'm absolutely alright, says Zardari

Article 47 cannot be invoked: I'm absolutely alright, says Zardari

President Asif Ali Zardari has said that he is absolutely alright but doctors are not giving him permission to travel. Talking to a senior journalist in Dubai, the president questioned how Article 47 of the Constitution could be invoked in his case as he
Published 17 Dec, 2011 12:00am
Article 47 cannot be invoked: I'm absolutely alright, says Zardari

Article 47 cannot be invoked: I'm absolutely alright, says Zardari

President Asif Ali Zardari has said that he is absolutely alright but doctors are not giving him permission to travel. Talking to a senior journalist in Dubai, the president questioned how Article 47 of the Constitution could be invoked in his case as he
Published 17 Dec, 2011 12:00am
Government-army standoff: Prime Minister dispels impression

Government-army standoff: Prime Minister dispels impression

Chief of Army Staff General Ashfaq Parvez Kayani called on the Prime Minister Syed Yousuf Raza Gilani here on Friday. The Prime Minister and the Army Chief underscored the significance of national unity to address the challenges faced by the nation. Takin
Published 17 Dec, 2011 12:00am
Government-army standoff: Prime Minister dispels impression

Government-army standoff: Prime Minister dispels impression

Chief of Army Staff General Ashfaq Parvez Kayani called on the Prime Minister Syed Yousuf Raza Gilani here on Friday. The Prime Minister and the Army Chief underscored the significance of national unity to address the challenges faced by the nation. Takin
Published 17 Dec, 2011 12:00am
WeBOC system put on hold for 15 days

WeBOC system put on hold for 15 days

Following negotiations with the trade and service providers, the Federal Board of Revenue (FBR) has decided to hold the introduction of Web Based One Custom (WeBOC) system at Pakistan International Container Terminal PICT) for the next 15 days. According
Published 17 Dec, 2011 12:00am
WeBOC system put on hold for 15 days

WeBOC system put on hold for 15 days

Following negotiations with the trade and service providers, the Federal Board of Revenue (FBR) has decided to hold the introduction of Web Based One Custom (WeBOC) system at Pakistan International Container Terminal PICT) for the next 15 days. According
Published 17 Dec, 2011 12:00am
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