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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-02-16
SER-TA Project handed over to Sindh government

SER-TA Project handed over to Sindh government

The European Union-funded Sindh Education Reform-Technical Assistance Project, managed by British Council, was completed and handed-over to Government of Sindh at an impressive ceremony here on Wednesday. Representatives from the European Union, British C
Published 16 Feb, 2012 12:00am
Sharma calls on Gilani

Sharma calls on Gilani

Indian Commerce Minister Anand Sharma called on Prime Minister Syed Yousuf Raza Gilani here on Wednesday in which he highly appreciated the warmth and the hospitality extended to the Indian delegation by the business community of Pakistan.
Published 16 Feb, 2012 12:00am
Aptma chief hails EU duty exemption

Aptma chief hails EU duty exemption

All Pakistan Textile Mills Association (APTMA) Chairman Mohsin Aziz has said import duty exemption on 50 textile products out of a list of 64 items in the EU countries would contribute positively to Pakistan economy. He said Pakistan exported dollars 4.7
Published 16 Feb, 2012 12:00am
Textile Ministry earmarks land for cotton research institute

Textile Ministry earmarks land for cotton research institute

The Ministry of Textile Industry had earmarked the land for 'cotton research and training institute' (CRTI) on the land of Central Cotton Research Institute (CCRI) Multan because the Punjab Government had flatly refused to provide land for CRTI in agricul
Published 16 Feb, 2012 12:00am
Turkish steel industry's team due next month

Turkish steel industry's team due next month

A Turkish Steel Industry Assessment Mission will visit Pakistan in early March this year to have first-hand knowledge about the available business and investment opportunities. Kerim Dilber, the head of two-member Turkish delegation revealed this during a
Published 16 Feb, 2012 12:00am
Senate elections: ECP issues order for submission of appeals

Senate elections: ECP issues order for submission of appeals

Ishtiaq Ahmad Khan, Secretary Election Commission of Pakistan on Wednesday said that Election Commission of Pakistan has issued an order regarding submission of appeal by the candidates contesting election of Senate, as following: That appeals arising out
Published 16 Feb, 2012 12:00am
CEC lays foundation stone of additional block

CEC lays foundation stone of additional block

Former Justice Hamid Ali Mirza, Chief Election Commissioner on Wednesday laid down the foundation stone of a new five story block here in the ECP, Secretariat. The ceremony held in the secretariat of ECP and was attended by the members, the secretary, sen
Published 16 Feb, 2012 12:00am
Torkhum border, Takht Bai checkpost: 'traders are facing huge losses'

Torkhum border, Takht Bai checkpost: 'traders are facing huge losses'

Sarhad Chamber of Commerce and Industry (SCCI) on Wednesday said that traders were facing huge financial losses owing to stuck of commercial goods at Torkhum border and Takht Bai checkpost. This was stated by acting SCCI president Ziaul Haq Sarhadi during
Published 16 Feb, 2012 12:00am
KSE picks up pace following recent measures: chairman

KSE picks up pace following recent measures: chairman

The fast increasing trading activity at KSE indicates that the capital market is reviving following the measures taken by KSE, SECP and the ministry of finance. These views were expressed by Karachi Stock Exchange Chairman Muneer Kamal and Managing Direct
Published 16 Feb, 2012 12:00am
Comprehensive plan for spring plantation

Comprehensive plan for spring plantation

Sindh Chief Conservator Forests Mir Nadir Ali Talpur has announced that seven million saplings would be planted in the province during the spring tree plantation campaign 2012. According to an announcement, a comprehensive plan has been chalked out to eng
Published 16 Feb, 2012 12:00am
Delay in court orders' implementation: FBR expresses serious concerns

Delay in court orders' implementation: FBR expresses serious concerns

The Federal Board of Revenue (FBR) has expressed serious concerns over delay in the implementation of court orders, causing embarrassment for the tax authorities. Sources told Business Recorder here on Wednesday that the delay in the implementation
Published 16 Feb, 2012 12:00am
Prime Minister launches Spring Tree Plantation drive

Prime Minister launches Spring Tree Plantation drive

Prime Minister Syed Yousuf Raza Gilani on Wednesday inaugurated the Spring Tree Plantation campaign by planting a tree at the PM House. Gilani planted a "Chir Pine" on the glossy green slopes of the Prime Minister House, an extension to the towering trees
Published 16 Feb, 2012 12:00am
Joint statement of Commerce Ministers of Pakistan and India

Joint statement of Commerce Ministers of Pakistan and India

At the invitation of Commerce Minister of Pakistan, Makhdoom Mohammad Amin Fahim, Anand Sharma, Indian Minister for Commerce, Industry and Textiles, along with a high-powered business delegation, is visiting Pakistan from February 13 to 16, 2012. This is
Published 16 Feb, 2012 12:00am
KCCI president leaves for Dubai

KCCI president leaves for Dubai

Mian Abrar Ahmad, president, Karachi Chamber of Commerce and Industry, has left for Dubai. Younus Muhammad Bashir, senior vice president will hold the office of acting president of the chamber.
Published 16 Feb, 2012 12:00am
OPs congratulated for getting right to vote

OPs congratulated for getting right to vote

Dr Mirza Ikhtiar Baig, Chairman, Pak-UAE Business Council, has greeted overseas Pakistanis for getting their right to vote in general elections. Dr Baig said there are more than 3.7 million overseas Pakistanis contributing more than 12 billion US$ through
Published 16 Feb, 2012 12:00am
Senate session on February 17

Senate session on February 17

After successful passage of 20th Constitutional Amendment, 2012 from the National Assembly, the government has called Senate session tomorrow (Friday) to pass the bill from upper house of Parliament. Sources said the decision was taken following a consult
Published 16 Feb, 2012 12:00am
Politically-motivated PSDP projects curtailed

Politically-motivated PSDP projects curtailed

The Planning Commission has released a report titled 'Analysis/Review of the PSDP (Public Sector Development Programme)' dated August 2011, which notes that overall over Rs 50 billion, equivalent to 21 percent of the original Federal PSDP for 2010-11, was
Published 16 Feb, 2012 12:00am
1.2 million bales of cotton, four million tons of rice may be exported

1.2 million bales of cotton, four million tons of rice may be exported

Pakistan is likely to export 1.2 million bales of cotton, 4 million tons of rice and 2 million tons of wheat for the year 2011-12 against the estimated production of about 14 million bales of cotton, 6.8 million tons rice and 25 million tons of wheat.
Published 16 Feb, 2012 12:00am
CDA approves extension of Blue Area

CDA approves extension of Blue Area

The cash strapped Capital Development Authority (CDA) on Wednesday approved the extension of Blue Area with the objective of generating funds through auction of commercial plots along with construction of another weekly bazaar.
Published 16 Feb, 2012 12:00am
MQM activist among two killed in separate incidents

MQM activist among two killed in separate incidents

At least two persons including an activist of Muttahida Qaumi Movement (MQM) fell prey to targeted killing spree in separate incidents at various parts of metropolis on Wednesday. A bullet-riddled body of MQM activist was found from Altaf Nagar in the lim
Published 16 Feb, 2012 12:00am
The Weather

The Weather

The weather report on Wednesday (February 15, 2012) and the forecast for Thursday (February 16, 2012).

Published 16 Feb, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (February 15, 2012).

Published 16 Feb, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (February 15, 2012).

Published 16 Feb, 2012 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 16 Feb, 2012 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 16 Feb, 2012 12:00am
World Bank chief to step down

World Bank chief to step down

World Bank president Robert Zoellick will leave the job at the end of his five-year term on June 30, the Bank announced Wednesday. No mention was made of his successor, traditionally nominated by the United States. Speculation has focused on US Secretary
Published 16 Feb, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (February 15, 2012).

Published 16 Feb, 2012 12:00am
World Bank chief to step down

World Bank chief to step down

World Bank president Robert Zoellick will leave the job at the end of his five-year term on June 30, the Bank announced Wednesday. No mention was made of his successor, traditionally nominated by the United States. Speculation has focused on US Secretary
Published 16 Feb, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (February 15, 2012) and for Thursday (February 16, 2012).
Published 16 Feb, 2012 12:00am
World Bank chief to step down

World Bank chief to step down

World Bank president Robert Zoellick will leave the job at the end of his five-year term on June 30, the Bank announced Wednesday. No mention was made of his successor, traditionally nominated by the United States. Speculation has focused on US Secretary
Published 16 Feb, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (February 15, 2012).

Published 16 Feb, 2012 12:00am
Syria sets 26th referendum on new constitution

Syria sets 26th referendum on new constitution

Syria's president, fighting an 11-month-old uprising against his rule, has ordered a referendum on a draft constitution on February 26 that limits the presidency to two seven-year terms and allows for multiple parties, state television said on Wednesday.
Published 16 Feb, 2012 12:00am
Syria sets 26th referendum on new constitution

Syria sets 26th referendum on new constitution

Syria's president, fighting an 11-month-old uprising against his rule, has ordered a referendum on a draft constitution on February 26 that limits the presidency to two seven-year terms and allows for multiple parties, state television said on Wednesday.
Published 16 Feb, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (February 15, 2012).

Published 16 Feb, 2012 12:00am
POL prices: speaker constitutes committee

POL prices: speaker constitutes committee

National Assembly Speaker Dr Fehmida Mirza has constituted a Special Committee to review the present prices of petroleum products, to report within a week, as demanded by the opposition during negotiations on the 20th Constitutional Amendment. On January
Published 16 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 15, 2012).

Published 16 Feb, 2012 12:00am
POL prices: speaker constitutes committee

POL prices: speaker constitutes committee

National Assembly Speaker Dr Fehmida Mirza has constituted a Special Committee to review the present prices of petroleum products, to report within a week, as demanded by the opposition during negotiations on the 20th Constitutional Amendment. On January
Published 16 Feb, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 15, 2012).

Published 16 Feb, 2012 12:00am
POL prices: speaker constitutes committee

POL prices: speaker constitutes committee

National Assembly Speaker Dr Fehmida Mirza has constituted a Special Committee to review the present prices of petroleum products, to report within a week, as demanded by the opposition during negotiations on the 20th Constitutional Amendment. On January
Published 16 Feb, 2012 12:00am
SECP issues SCSAM for modarabas

SECP issues SCSAM for modarabas

After exhaustive consultations with NBFIs and Modaraba Association of Pakistan, the Registrar of Modarabas, Securities and Exchange Commission of Pakistan issued Shariah-compliance and Shariah audit mechanism (SCSAM) for modarabas. The Modaraba Companies
Published 16 Feb, 2012 12:00am
SECP issues SCSAM for modarabas

SECP issues SCSAM for modarabas

After exhaustive consultations with NBFIs and Modaraba Association of Pakistan, the Registrar of Modarabas, Securities and Exchange Commission of Pakistan issued Shariah-compliance and Shariah audit mechanism (SCSAM) for modarabas. The Modaraba Companies
Published 16 Feb, 2012 12:00am
THE RUPEE: PKR shows moderate recovery

THE RUPEE: PKR shows moderate recovery

The rupee recovered moderately against dollar on the currency market on Wednesday in process of trading, dealers said. The rupee appreciated by 17 paisa against dollar for buying at 90.70 and 18 paisa for selling at 90.72, they said.
Published 16 Feb, 2012 12:00am
SECP issues SCSAM for modarabas

SECP issues SCSAM for modarabas

After exhaustive consultations with NBFIs and Modaraba Association of Pakistan, the Registrar of Modarabas, Securities and Exchange Commission of Pakistan issued Shariah-compliance and Shariah audit mechanism (SCSAM) for modarabas. The Modaraba Companies
Published 16 Feb, 2012 12:00am
THE RUPEE: PKR shows moderate recovery

THE RUPEE: PKR shows moderate recovery

The rupee recovered moderately against dollar on the currency market on Wednesday in process of trading, dealers said. The rupee appreciated by 17 paisa against dollar for buying at 90.70 and 18 paisa for selling at 90.72, they said.
Published 16 Feb, 2012 12:00am
SECP issues SCSAM for modarabas

SECP issues SCSAM for modarabas

After exhaustive consultations with NBFIs and Modaraba Association of Pakistan, the Registrar of Modarabas, Securities and Exchange Commission of Pakistan issued Shariah-compliance and Shariah audit mechanism (SCSAM) for modarabas. The Modaraba Companies
Published 16 Feb, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (February 15, 2012).

Published 16 Feb, 2012 12:00am
WTO council unanimously approves Pakistan-specific package

WTO council unanimously approves Pakistan-specific package

The General Council of the World Trade Organisation (WTO) has unanimously approved the trade package for Pakistan, which authorises the European Union (EU) to provide trade concessions to Islamabad on 75 products. It is coincidental that the Pakistan-spec
Published 16 Feb, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (February 15, 2012).

Published 16 Feb, 2012 12:00am
WTO council unanimously approves Pakistan-specific package

WTO council unanimously approves Pakistan-specific package

The General Council of the World Trade Organisation (WTO) has unanimously approved the trade package for Pakistan, which authorises the European Union (EU) to provide trade concessions to Islamabad on 75 products. It is coincidental that the Pakistan-spec
Published 16 Feb, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (February 15, 2012).

Published 16 Feb, 2012 12:00am
WTO council unanimously approves Pakistan-specific package

WTO council unanimously approves Pakistan-specific package

The General Council of the World Trade Organisation (WTO) has unanimously approved the trade package for Pakistan, which authorises the European Union (EU) to provide trade concessions to Islamabad on 75 products. It is coincidental that the Pakistan-spec
Published 16 Feb, 2012 12:00am
England win second ODI

England win second ODI

Alastair Cook hit a second successive hundred to guide England to a 20-run win over Pakistan in the second day-night international on Wednesday, giving his team a 2-0 lead in the four-match series. England put up a challenging 250-4 powered by Cook's 102
Published 16 Feb, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (February 15, 2012).

Published 16 Feb, 2012 12:00am
England win second ODI

England win second ODI

Alastair Cook hit a second successive hundred to guide England to a 20-run win over Pakistan in the second day-night international on Wednesday, giving his team a 2-0 lead in the four-match series. England put up a challenging 250-4 powered by Cook's 102
Published 16 Feb, 2012 12:00am
Eurozone ponders delay of second Greek bailout programme

Eurozone ponders delay of second Greek bailout programme

Eurozone finance officials are examining ways of delaying parts or even all of a second bailout programme for Greece while still ensuring it avoids a disorderly default, several EU sources said on Wednesday. The delays could possibly last until after Gree
Published 16 Feb, 2012 12:00am
Eurozone ponders delay of second Greek bailout programme

Eurozone ponders delay of second Greek bailout programme

Eurozone finance officials are examining ways of delaying parts or even all of a second bailout programme for Greece while still ensuring it avoids a disorderly default, several EU sources said on Wednesday. The delays could possibly last until after Gree
Published 16 Feb, 2012 12:00am
Eurozone ponders delay of second Greek bailout programme

Eurozone ponders delay of second Greek bailout programme

Eurozone finance officials are examining ways of delaying parts or even all of a second bailout programme for Greece while still ensuring it avoids a disorderly default, several EU sources said on Wednesday. The delays could possibly last until after Gree
Published 16 Feb, 2012 12:00am
Honduras prison fire kills over 350 inmates

Honduras prison fire kills over 350 inmates

A massive fire swept through an overcrowded prison in Honduras and killed more than 350 inmates, including many trapped screaming inside their cells, officials said on Wednesday. A senior official at the attorney general's office, Danelia Ferrera, said 35
Published 16 Feb, 2012 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 16 Feb, 2012 12:00am
Honduras prison fire kills over 350 inmates

Honduras prison fire kills over 350 inmates

A massive fire swept through an overcrowded prison in Honduras and killed more than 350 inmates, including many trapped screaming inside their cells, officials said on Wednesday. A senior official at the attorney general's office, Danelia Ferrera, said 35
Published 16 Feb, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 16 Feb, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 9.83 points as the ISE Ten Index moved from 2,696.08
Published 16 Feb, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 16 Feb, 2012 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 9.83 points as the ISE Ten Index moved from 2,696.08
Published 16 Feb, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 16 Feb, 2012 12:00am
LSE index maintains upward trend

LSE index maintains upward trend

Upward trend continued at the Lahore Stock Exchange on Wednesday and equities gained on the basis buying spree in the market. The LSE-25 index increased by 41.22 points and closed on 3249.25 points against 3208.03 on Tuesday. Trading volume continued upwa
Published 16 Feb, 2012 12:00am
LSE index maintains upward trend

LSE index maintains upward trend

Upward trend continued at the Lahore Stock Exchange on Wednesday and equities gained on the basis buying spree in the market. The LSE-25 index increased by 41.22 points and closed on 3249.25 points against 3208.03 on Tuesday. Trading volume continued upwa
Published 16 Feb, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 16 Feb, 2012 12:00am
Pakistan, India sign three trade agreements

Pakistan, India sign three trade agreements

Pakistan and India on Wednesday signed three trade agreements but deferred finalisation of anxiously-awaited controversial negative list. The three pacts signed by the officials of both the countries are Customs Co-operation Agreement, Mutual Recognition
Published 16 Feb, 2012 12:00am
Pakistan, India sign three trade agreements

Pakistan, India sign three trade agreements

Pakistan and India on Wednesday signed three trade agreements but deferred finalisation of anxiously-awaited controversial negative list. The three pacts signed by the officials of both the countries are Customs Co-operation Agreement, Mutual Recognition
Published 16 Feb, 2012 12:00am
Pakistan, India sign three trade agreements

Pakistan, India sign three trade agreements

Pakistan and India on Wednesday signed three trade agreements but deferred finalisation of anxiously-awaited controversial negative list. The three pacts signed by the officials of both the countries are Customs Co-operation Agreement, Mutual Recognition
Published 16 Feb, 2012 12:00am
Court activism sign of power shift

Court activism sign of power shift

A newly assertive Supreme Court is taking on the Pakistani government and army in a series of high-profile cases, signalling a power shift in a country vital to US efforts to fight Islamist militants and negotiate peace in Afghanistan. The jury is still o
Published 16 Feb, 2012 12:00am
Court activism sign of power shift

Court activism sign of power shift

A newly assertive Supreme Court is taking on the Pakistani government and army in a series of high-profile cases, signalling a power shift in a country vital to US efforts to fight Islamist militants and negotiate peace in Afghanistan. The jury is still o
Published 16 Feb, 2012 12:00am
Evidence collected in contempt case: AGP

Evidence collected in contempt case: AGP

Commenting on the details of witnesses and documentary evidence in Prime Minister Syed Yousuf Raza Gilani's contempt case, Attorney General for Pakistan (AGP) Maulvi Anwar-ul-Haq has said that witness is not usually required when the case is of a civil na
Published 16 Feb, 2012 12:00am
Evidence collected in contempt case: AGP

Evidence collected in contempt case: AGP

Commenting on the details of witnesses and documentary evidence in Prime Minister Syed Yousuf Raza Gilani's contempt case, Attorney General for Pakistan (AGP) Maulvi Anwar-ul-Haq has said that witness is not usually required when the case is of a civil na
Published 16 Feb, 2012 12:00am
Gilani insists he's innocent

Gilani insists he's innocent

Prime Minister Syed Yousuf Raza Gilani has insisted that he is innocent. Talking to a select gathering of editors and columnists here on Wednesday, Gilani said that his counsel and party would devise a strategy relating to the contempt of court case.
Published 16 Feb, 2012 12:00am
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