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Print - 2012-04-03
Lack of MVE causing environmental hazards

Lack of MVE causing environmental hazards

The city administration is yet to equip Motor Vehicle Examiner (MVE) with modern technology and technical staff to conduct testing and certification of vehicles due to which most vehicles, especially public transport plying on different routes of Islamaba
Published 03 Apr, 2012 12:00am
Khyber Pakhtunkhwa APOTOA demands raise in transportation fares

Khyber Pakhtunkhwa APOTOA demands raise in transportation fares

All Pakistan Oil Tankers Owners Association (APOTOA) Khyber Pukhtun-khwa has warned that if government will not increase transportation fares after surging prices of petroleum products, they would suspend fuel supply to the entire province. Talking to rep
Published 03 Apr, 2012 12:00am
Interactive session on energy saving held

Interactive session on energy saving held

USAID in collaboration with Faisalabad Electric Supply Company (FESCO) organised interactive sessions on gender and effective energy saving habits at Government College for Women, People's Colony, No II, Government Islamia Girls Degree College, Eid Ghah R
Published 03 Apr, 2012 12:00am
Appointment

Appointment

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has appointed Mian Zahid Hussain as Chairman FPCCI's Standing Committee on Sales Tax for 2012. It may be mentioned here that Hussain, who is also the President of All Karachi Industrial
Published 03 Apr, 2012 12:00am
Al-Meezan Bank officers visit ISE

Al-Meezan Bank officers visit ISE

In order to have a briefing on the stock market operations and investment procedures, a group of officers from Al-Meezan Bank visited Islamabad Stock Exchange (ISE) here on Monday. The participants were briefed at length about the functioning of stock mar
Published 03 Apr, 2012 12:00am
Al-Meezan Bank officers visit ISE

Al-Meezan Bank officers visit ISE

In order to have a briefing on the stock market operations and investment procedures, a group of officers from Al-Meezan Bank visited Islamabad Stock Exchange (ISE) here on Monday. The participants were briefed at length about the functioning of stock mar
Published 03 Apr, 2012 12:00am
Bilour ready to prove Railways GM's innocence in court

Bilour ready to prove Railways GM's innocence in court

Federal Minister for Pakistan Railways (PR) Ghulam Ahmad Bilour backed PR General Manager, accused in massive corruption case, saying that he was ready to appear in court to prove his (GM's) innocence. Talking to Business Recorder exclusively, Fede
Published 03 Apr, 2012 12:00am
Brazilian envoy for removal of country's negative image

Brazilian envoy for removal of country's negative image

Brazilian Ambassador in Pakistan, Alferdo Leoni has stressed the need for removal of negative image of Pakistan in the world, to attract foreign investment and explore economic opportunities in the country, saying that there is huge potential to invest in
Published 03 Apr, 2012 12:00am
Mother & Child Health Week launched in FATA

Mother & Child Health Week launched in FATA

The Mother and Child Health Week was launched in FATA, Frontier Regions and New Durrani IDP camp of Kurrum Agency on Monday to create awareness among tribal people about health issues of mother and child during pregnancy and childbirth. The Week to be obs
Published 03 Apr, 2012 12:00am
KBP criticises increase in POL prices

KBP criticises increase in POL prices

Kisan Board Pakistan (KBP) President Sardar Zafar Hussein and General Secretary Malik Muhammad Ramzan Rohari have strongly criticised the recent increase in the prices of petroleum products and termed it as exploitation of the growers and the masses. In a
Published 03 Apr, 2012 12:00am
Obituary

Obituary

Judicial Magistrate District South Hasan Feroz's uncle Syed Islam Hussain s/o Syed Inam Hussain (Theseeldar Shah Gunj Aagra) passed away on Monday. Funeral prayer was offered after Magrib at Madina-tul Ilm Gulshan Iqbal. Soyem will be held on Wednesday Ap
Published 03 Apr, 2012 12:00am
Call for further measures to curb dengue

Call for further measures to curb dengue

Special Assistant to Chief Minister Punjab on Health, Kh. Salman Rafique has directed officers of all concerned departments including health department to take measures for further accelerating the existing pace of vector surveillance at union council lev
Published 03 Apr, 2012 12:00am
SCCI criticises increase in POL prices

SCCI criticises increase in POL prices

President Sialkot Chamber of Commerce and Industry (SCCI) Naeem Anwar Qureshi in a press statement strongly criticised the decision of the government of increasing petroleum prices by about 8 to 9 percent, the second highest increase in the country's hist
Published 03 Apr, 2012 12:00am
Transporters hold protest demonstration

Transporters hold protest demonstration

Transporters of Khyber Pakhtunkhwa held a protest demonstration outside Peshawar Press Club against the unprecedented hike in petroleum and CNG prices, and warned that if the government would not withdraw the increase, they would go for wheel-jam strike a
Published 03 Apr, 2012 12:00am
Man shot dead

Man shot dead

A 40-year-old man was shot dead near Nazimabad petrol pump here on Monday. According to police, the victim namely Asghar Hassan Jafferi son of Ahmad Hassan Jafferi, a resident of Surjani Sector 4-A, was assaulted when he was on the way to somewhere in his
Published 03 Apr, 2012 12:00am
Railways launches drive against ticket-less travellers

Railways launches drive against ticket-less travellers

Pakistan Railways has launched a special drive against passengers who are travelled without tickets throughout the country. A senior police official told that during the last week, Railway Police Special teams detected 763 without tickets passengers and c
Published 03 Apr, 2012 12:00am
Egyptian CJ visits Federal Judicial Academy

Egyptian CJ visits Federal Judicial Academy

During his visit to Federal Judicial Academy here on Monday, Egyptian Chief Justice Mohamed Hossam Elddin El-Gheriany lauded active role of the academy in imparting judicial education, saying that judicial academies in both the brotherly countries must be
Published 03 Apr, 2012 12:00am
LHC orders DPO to recover abducted girl

LHC orders DPO to recover abducted girl

The Lahore High Court here on Monday gave last opportunity to District Police Officer (DPO) Gujrat to recover an alleged abducted girl within one week. Earlier DPO said that public notices inscribing photo of the missing girl had been pasted on important
Published 03 Apr, 2012 12:00am
Over 200 fire-fighters still have no new uniforms

Over 200 fire-fighters still have no new uniforms

The fire fighters of various fire stations are still deprived of their new uniforms despite Karachi Metropolitan Corporation (KMC) on Monday handed over two sets of new uniform to some 1,356 fire fighters of various fire stations, it is learnt. Sources sa
Published 03 Apr, 2012 12:00am
Clarification

Clarification

"A recent story published in the Business Recorder regarding a meeting of the Friends of Democratic Pakistan contained several inaccuracies. First, the meeting was held at the German Embassy and was not hosted or held by US Ambassador Cameron Munte
Published 03 Apr, 2012 12:00am
Clarification

Clarification

"A recent story published in the Business Recorder regarding a meeting of the Friends of Democratic Pakistan contained several inaccuracies. First, the meeting was held at the German Embassy and was not hosted or held by US Ambassador Cameron Munte
Published 03 Apr, 2012 12:00am
Zardari to meet Singh on April 8

Zardari to meet Singh on April 8

President Asif Ali Zardari will meet Indian Prime Minister Manmohan Singh on April 8, when he becomes the first Pakistani head of state to visit India since 2005, Islamabad said Monday. The lunch talks are the latest sign of rivals making gradual progress
Published 03 Apr, 2012 12:00am
Gas supply to DH Fertilisers plant suspended

Gas supply to DH Fertilisers plant suspended

Dawood Hercules Corporation Limited in a statement informed that the gas supply to DH Fertiliser plant, (a wholly owned subsidiary of Dawood Hercules Corporation Limited) has been suspended by the Sui Northern Gas Pipeline Limited (SNGPL). SNGPL has infor
Published 03 Apr, 2012 12:00am
PICG, CIPE to hold conference on April 11

PICG, CIPE to hold conference on April 11

Pakistan Institute of Corporate Governance (PICG) in collaboration with Centre for International Private Enterprise (CIPE) is organising a half-day conference on 'Governance and Board Effectiveness in Public Sector Enterprises' on April 11 at Karachi.
Published 03 Apr, 2012 12:00am
Tetra Pak reveals new packaging technologies

Tetra Pak reveals new packaging technologies

Tetra Pak, the world leader in food processing and packaging solutions, on Monday revealed some of its principal new packaging technologies and concept developments at Anuga FoodTec 2012. Four innovative advanced solutions are being showcased at the fair-
Published 03 Apr, 2012 12:00am
Increase in CNG price: APCNGA to launch countrywide protest

Increase in CNG price: APCNGA to launch countrywide protest

The All Pakistan CNG Association (APCNGA), while rejecting massive increase in CNG prices has announced to launch countrywide protest against the increase. Central Chairman APCNGA Ghiyas Abdullah Paracha while addressing a press conference here on Monday
Published 03 Apr, 2012 12:00am
PIAF demands concrete steps to solve energy crisis

PIAF demands concrete steps to solve energy crisis

Pakistan Industrial and Traders Association Front (PIAF) has demanded of the government to take concrete measures to overcome the ongoing energy crisis. The decisions in the energy conference like closure of government departments and banks for two days i
Published 03 Apr, 2012 12:00am
LHC dismisses petition against Marvi Memon

LHC dismisses petition against Marvi Memon

The Lahore High Court here on Monday dismissed a petition seeking disqualification of PML-N leader Marvi Memon. The petitioner Najam pleaded that the Punjab government had given Rs 300 million to Marvi in the name of development fund after she joined PML-
Published 03 Apr, 2012 12:00am
Babar Awan case: hearing adjourned till April 10

Babar Awan case: hearing adjourned till April 10

The Supreme Court on Monday adjourned hearing of contempt of court case against former law minister Dr Babar Awan due to non-availability of Attorney General for Pakistan. A three-member bench led by Justice Anwar Zaheer Jamali resumed the hearing. Ali Za
Published 03 Apr, 2012 12:00am
Kharif crops: ZTBL begins disbursement of loans

Kharif crops: ZTBL begins disbursement of loans

Zarai Taraqiati Bank Limited (ZTBL) has started disbursement of agricultural credit for Kharif crops through One Window Operation. A spokesman of Punjab Agriculture Department has advised farmers to benefit by the facility of loan disbursement through One
Published 03 Apr, 2012 12:00am
'PTA between Pak-Turk to be implemented soon'

'PTA between Pak-Turk to be implemented soon'

Pak-Turk Preferential Trade Agreement (PTA) will be implemented very soon and five years multiple business visas will be granted to Pakistani Businessmen. During the last three years the bilateral trade was boosted. This was stated by Ambassador of Turkey
Published 03 Apr, 2012 12:00am
Students of FJMC get laptops

Students of FJMC get laptops

The Punjab government is utilising all available resources to equip students with modern technology, said Advisor to Chief Minister Punjab, Begum Zakiya Shahnawaz. Addressing a function held to distribute laptops among the students of Fatima Jinnah Medica
Published 03 Apr, 2012 12:00am
DNA estimates 6.4 percent budget deficit

DNA estimates 6.4 percent budget deficit

The Damage Needs Assessment (DNA) estimates a budget deficit of 6.4 per cent in 2011-12 against the budgetary target of 4 per cent. After more than seven months the World Bank and the Asian Development Bank (ADB) finally submitted the 'Damage Needs Assess
Published 03 Apr, 2012 12:00am
ICAP submits budget proposals to FBR

ICAP submits budget proposals to FBR

The Institute of Chartered Accountants of Pakistan (ICAP) has submitted its proposals for the Federal Budget 2012-13 to the FBR. The Institute and its relevant committee have been constantly making efforts to identify areas where reforms are needed to bro
Published 03 Apr, 2012 12:00am
Pervaiz Elahi reviews Smeda projects

Pervaiz Elahi reviews Smeda projects

Senior Federal Minister Industries and Defence Production Chaudhry Pervaiz Elahi on Monday reviewed the operational mechanism of the PSDP projects being undertaken by Small and Medium Enterprises Development Authority (Smeda). The minister presided over a
Published 03 Apr, 2012 12:00am
Shujaat presents formula for ending loadshedding

Shujaat presents formula for ending loadshedding

Pakistan Muslim League-Q, President, Senator, Chaudhry Shujaat Hussain, on Monday presented a formula to end the ongoing power load shedding in the country, saying implementation of proposed formula will go a long way in improving the national economy.
Published 03 Apr, 2012 12:00am
Naeem Malik takes charge as Acting GM Railways

Naeem Malik takes charge as Acting GM Railways

Muhammad Naeem Malik has taken charge as Acting General Manager (Operations) of Pakistan Railways, according to a notification issued on Monday. He is presently serving as GM Maintenance and Services (M&S) but will look after the Railways operations till
Published 03 Apr, 2012 12:00am
Pacra maintains MAM ratings

Pacra maintains MAM ratings

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term entity ratings of Modaraba Al-Mali (MAM) at "A-" (single A minus) and "A2" (A two), respectively. These ratings denote a low expectation of credit risk. The capacity for
Published 03 Apr, 2012 12:00am
Pacra maintains MAM ratings

Pacra maintains MAM ratings

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term entity ratings of Modaraba Al-Mali (MAM) at "A-" (single A minus) and "A2" (A two), respectively. These ratings denote a low expectation of credit risk. The capacity for
Published 03 Apr, 2012 12:00am
The Weather

The Weather

The weather report on Monday (April 02, 2012) and the forecast for Tuesday (April 03, 2012).

Published 03 Apr, 2012 12:00am
Power shortfall shrinks to 3,800 megawatts

Power shortfall shrinks to 3,800 megawatts

Power shortfall has reduced to 3,800MW against 5,000MW last week with increase in hydel generation. According to Pepco sources, hydel generation went up to 2,569MW against negligible levels, earlier. However, still water level both in Tarbela and Mangla w
Published 03 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
Government decision to allow animals' export criticised

Government decision to allow animals' export criticised

The government decision to allow the animals' export would heavily cost the leather sector exports besides creating severe meat shortage in the country. The Ministry of Commerce while taking this decision has allowed the export of live animals; 118,000 ca
Published 03 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 03 Apr, 2012 12:00am
EPD anti-dengue squads conduct raids

EPD anti-dengue squads conduct raids

Punjab Environment Protection Department Secretary Saeed Iqbal Walah and MPA Khawaja Imran Nazir along with four anti-dengue squads of EPD on Monday conducted raids in various parts of the provincial metropolis to prevent the spread of dengue. On the occa
Published 03 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 03 Apr, 2012 12:00am
PSO entity ratings maintained

PSO entity ratings maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term entity ratings of Pakistan State Oil (PSO) at "AA+" (double A plus) and "A1+" (A one plus), respectively. These ratings denote a very low expectation of credit risk eman
Published 03 Apr, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
'Fai's conviction to help highlight Kashmir issue'

'Fai's conviction to help highlight Kashmir issue'

Jamiat-Ulema-e-Islam (JUI) Chief, Maulana Fazal-ur-Rehman on Monday condemned the imprisonment of Kashmiri leader Dr Ghulam Nabi Fai saying the conviction will further highlight the issue of Kashmir as he was protesting the cruelties of the Indians forces
Published 03 Apr, 2012 12:00am
UN Mine Awareness Day tomorrow

UN Mine Awareness Day tomorrow

The United Nations' International Day for Mine Awareness and Assistance in Mine Action will be observed on April 4 across the world including Pakistan to raise awareness about landmines and progress toward their eradication. Awareness programmes and activ
Published 03 Apr, 2012 12:00am
KSE introducing debt market development measures

KSE introducing debt market development measures

After the introduction of All Or None Option, availability of Request For Quote (RFQ) facility, Removal Of Circuit Breakers, and waiver of basic deposit fee on BATS, the management of Karachi Stock Exchange (KSE) has announced availability of Optional Dis
Published 03 Apr, 2012 12:00am
Irsa releases 98,921 cusecs from rim stations

Irsa releases 98,921 cusecs from rim stations

The Indus River System Authority (Irsa) on Monday released 98,921 cusecs water from various rim stations with inflow of 98,830 cusecs. According to the data released by Irsa, the water level in River Indus at Tarbela and in River Jhelum at Mangala had rea
Published 03 Apr, 2012 12:00am
Commander Sri Lankan Army meets Kayani

Commander Sri Lankan Army meets Kayani

Lieutenant General Jagath Jayasuriya, Commander Sri Lanka Army called on Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani, here on Monday. According to ISPR press release, discussions were focused on bilateral relations with emphasis on security a
Published 03 Apr, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
Tex World Exhibition USA-2012: Pakistani products attract visitors

Tex World Exhibition USA-2012: Pakistani products attract visitors

Pakistani products attracted a large number of visitors in the Tex World Exhibition USA-2012 due to quality and competitiveness of the products displayed there. Trade Development Authority of Pakistan (PDAP) participated in Tex-world USA, which is the lar
Published 03 Apr, 2012 12:00am
Electoral rolls: ECP to finalise data entry by April 14

Electoral rolls: ECP to finalise data entry by April 14

Election Commission of Pakistan will be forwarding the data on entries and corrections in Computerised Electoral Rolls to National Database and Registration Authority (NADRA) by April 14, 2012. An official at Election Commission (ECP) told APP on Monday t
Published 03 Apr, 2012 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
Kohat Cement Limited

Kohat Cement Limited

Kohat Cement Company Limited is a Pakistani cement manufacturer located in the North Zone of the country, with a factory plant near Peshawar. Incorporated in 1980, the company manufactures two types of cement, grey and white. It has a total production cap
Published 03 Apr, 2012 12:00am
Kohat Cement Limited

Kohat Cement Limited

Kohat Cement Company Limited is a Pakistani cement manufacturer located in the North Zone of the country, with a factory plant near Peshawar. Incorporated in 1980, the company manufactures two types of cement, grey and white. It has a total production cap
Published 03 Apr, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
Five dead in California college shooting

Five dead in California college shooting

Five person were believed to have been killed in a shooting Monday at a religious college in California, according to media reports. The shooting occurred at Oikos University in Oakland, outside of San Francisco. ABC News reported that an aerial video sho
Published 03 Apr, 2012 12:00am
Five dead in California college shooting

Five dead in California college shooting

Five person were believed to have been killed in a shooting Monday at a religious college in California, according to media reports. The shooting occurred at Oikos University in Oakland, outside of San Francisco. ABC News reported that an aerial video sho
Published 03 Apr, 2012 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
Electricity from India: Supreme Court adjourns hearing till April 5

Electricity from India: Supreme Court adjourns hearing till April 5

A three-member bench of the Supreme Court on Monday adjourned the hearing of a civil miscellaneous appeal that has sought court''s directions to stop the federal government from entering into any deal to purchase electricity from India.
Published 03 Apr, 2012 12:00am
Electricity from India: Supreme Court adjourns hearing till April 5

Electricity from India: Supreme Court adjourns hearing till April 5

A three-member bench of the Supreme Court on Monday adjourned the hearing of a civil miscellaneous appeal that has sought court's directions to stop the federal government from entering into any deal to purchase electricity from India.
Published 03 Apr, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
Electricity from India: Supreme Court adjourns hearing till April 5

Electricity from India: Supreme Court adjourns hearing till April 5

A three-member bench of the Supreme Court on Monday adjourned the hearing of a civil miscellaneous appeal that has sought court's directions to stop the federal government from entering into any deal to purchase electricity from India.
Published 03 Apr, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
Russian plane crash kills 31, exposes safety record

Russian plane crash kills 31, exposes safety record

A passenger plane crashed and burst into flames after takeoff in Siberia on Monday, killing 31 people and putting the spotlight on Russia's poor air-safety record before Vladimir Putin's return as president. Thirteen survivors were pulled from the wreckag
Published 03 Apr, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
Russian plane crash kills 31, exposes safety record

Russian plane crash kills 31, exposes safety record

A passenger plane crashed and burst into flames after takeoff in Siberia on Monday, killing 31 people and putting the spotlight on Russia's poor air-safety record before Vladimir Putin's return as president. Thirteen survivors were pulled from the wreckag
Published 03 Apr, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
PSM on the verge of collapse

PSM on the verge of collapse

The country''s largest steel producing plant is on the verge of collapse as its production has reduced to below 15 percent and per month loss has crossed one billion rupees mark due to slow down in sales and unavailability of basic raw material owing to f
Published 03 Apr, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
PSM on the verge of collapse

PSM on the verge of collapse

The country's largest steel producing plant is on the verge of collapse as its production has reduced to below 15 percent and per month loss has crossed one billion rupees mark due to slow down in sales and unavailability of basic raw material owing to fi
Published 03 Apr, 2012 12:00am
PSM on the verge of collapse

PSM on the verge of collapse

The country's largest steel producing plant is on the verge of collapse as its production has reduced to below 15 percent and per month loss has crossed one billion rupees mark due to slow down in sales and unavailability of basic raw material owing to fi
Published 03 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
Bhutto's death anniversary: holiday in Sindh, Balochistan tomorrow

Bhutto's death anniversary: holiday in Sindh, Balochistan tomorrow

The provincial governments of Sindh and Balochistan on Monday announced a closed holiday for April 4 in order to commemorate the 33rd death anniversary of the Pakistan People's Party founder leader, Zulfikar Ali Bhutto, Aaj News reported.
Published 03 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 02, 2012).

Published 03 Apr, 2012 12:00am
Bhutto's death anniversary: holiday in Sindh, Balochistan tomorrow

Bhutto's death anniversary: holiday in Sindh, Balochistan tomorrow

The provincial governments of Sindh and Balochistan on Monday announced a closed holiday for April 4 in order to commemorate the 33rd death anniversary of the Pakistan People's Party founder leader, Zulfikar Ali Bhutto, Aaj News reported.
Published 03 Apr, 2012 12:00am
Philippine''s ICTSI says to buy 35 percent of PICT

Philippine''s ICTSI says to buy 35 percent of PICT

Philippine port operator International Container Terminal Services Inc (ICTSI) said on Monday that its subsidiary has signed a deal to acquire 35 percent of Pakistan International Container Terminal Ltd (PICT) at an undisclosed price.
Published 03 Apr, 2012 12:00am
Philippine's ICTSI says to buy 35 percent of PICT

Philippine's ICTSI says to buy 35 percent of PICT

Philippine port operator International Container Terminal Services Inc (ICTSI) said on Monday that its subsidiary has signed a deal to acquire 35 percent of Pakistan International Container Terminal Ltd (PICT) at an undisclosed price.
Published 03 Apr, 2012 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee moved both ways against the dollar on the currency market on Monday in process of slow trading, dealers said. The rupee shed two paisa in relation to dollar for buying and selling at 90.70 and 90.72, they said.
Published 03 Apr, 2012 12:00am
Philippine's ICTSI says to buy 35 percent of PICT

Philippine's ICTSI says to buy 35 percent of PICT

Philippine port operator International Container Terminal Services Inc (ICTSI) said on Monday that its subsidiary has signed a deal to acquire 35 percent of Pakistan International Container Terminal Ltd (PICT) at an undisclosed price.
Published 03 Apr, 2012 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee moved both ways against the dollar on the currency market on Monday in process of slow trading, dealers said. The rupee shed two paisa in relation to dollar for buying and selling at 90.70 and 90.72, they said.
Published 03 Apr, 2012 12:00am
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