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Print - 2012-12-21
IGP Sindh to convene moot on January 2

IGP Sindh to convene moot on January 2

A conference has been convened here on January 2 to help improve further the training of the police personnel. The heads of the training centres of police in the province as well as the principals would attend the moot to be held at the Central Police Off
Published 21 Dec, 2012 12:00am
Annual prize distribution ceremony at Commecs College held

Annual prize distribution ceremony at Commecs College held

Annual prize distribution ceremony 2012-13 was held at Commecs College on 18th December. Javed Jabbar, former Federal Minister was the chief guest of the occasion. Ali Hassan Naqvi, Assistant General Manager Marketing of the Daily Dawn and Safdar Qazi, Me
Published 21 Dec, 2012 12:00am
President PMA felicitated

President PMA felicitated

Medical Teachers Association (MTA) and Lahore General Hospital has congratulated the newly elected President and all other office-bearers of Pakistan Medical Association (PMA) Lahore. The General Secretary MTA Dr Sikandar Hayat Gondal while felicitating t
Published 21 Dec, 2012 12:00am
Prime Minister announces financial aid for the late activist

Prime Minister announces financial aid for the late activist

Prime Minister Raja Pervez Ashraf has announced a financial assistance of Rs 0.5 million, while Federal Minister for Communication Arbab Alamgir Rs 0.1 million for the family of late divisional president, Peoples' Students Federation (PSF) Mardan, Israr M
Published 21 Dec, 2012 12:00am
NAB initiates inquiry

NAB initiates inquiry

National Accountability Bureau (NAB) Khyber-Pakhtunkhwa has initiated inquiry against Tahir Mukhtiar Farooqi, Managing Director, Bridge Education and Immigration Consultants Peshawar on public complaints about cheating public at large to help the affected
Published 21 Dec, 2012 12:00am
Illegal trade of flying invoices: gang busted

Illegal trade of flying invoices: gang busted

Regional Tax Office-II Karachi has busted an organised gang in Karachi involved in illegal business of buying and selling fake/flying invoices without actual/physical transactions of goods and got registered FIR against the culprits, causing massive loss
Published 21 Dec, 2012 12:00am
Meeting of Council of Heads of Customs administration from April 15

Meeting of Council of Heads of Customs administration from April 15

The heads of Customs Administrations of Economic Cooperation Organisation (ECO) countries would gather in Pakistan on April, 15-16, 2013 to further enhance customs cooperation in the region. Sources told Business Recorder here on Thursday that the
Published 21 Dec, 2012 12:00am
Terrorists targeting schools enemies of Pakhtuns: Hoti

Terrorists targeting schools enemies of Pakhtuns: Hoti

Chief Minister Khyber Pakhtunkhwa Amir Haider Khan Hoti has said that terrorists destroying schools were enemy to development and bright future of Pakhtuns adding only educated nations can touch the height of development. He was addressing a public meetin
Published 21 Dec, 2012 12:00am
CDNS collects Rs 17.06 billion withholding tax: data

CDNS collects Rs 17.06 billion withholding tax: data

The Central Directorate of National Savings (CDNS) is reported to have collected Rs 17.06 billion withholding tax from investors during the past five years. Data obtained by this correspondent showed that during 2007-08, Rs 1.4 billion was collected as wi
Published 21 Dec, 2012 12:00am
Shahid takes charge as Additional Secretary Ministry of Production

Shahid takes charge as Additional Secretary Ministry of Production

The federal government has given new assignment, Additional Secretary Ministry of Production to Shahid Hussain Asad, a BS-21 officer of Inland Revenue Service. Sources told Business Recorder here on Thursday that Asad has assumed the charge of the
Published 21 Dec, 2012 12:00am
OGDCL wins Corporate Philanthropy Award 2012

OGDCL wins Corporate Philanthropy Award 2012

Oil & Gas Development Company Limited (OGDCL) won the Corporate Philanthropy Award 2012 in recognition for philanthropy contribution to social development in Pakistan for the year 2012 under the auspicious Pakistan Centre for Philanthropy (PCP). Nisar Ahm
Published 21 Dec, 2012 12:00am
KBP criticises sugar millers

KBP criticises sugar millers

Kisan Board Pakistan (KBP) has urged the Punjab government to take notice of the injustices of the sugar millers against sugarcane growers. The Board alleged sugar mills situated in Central, Western and Southern Punjab were busy in looting the sugarcane g
Published 21 Dec, 2012 12:00am
Public holiday on December 27, 28

Public holiday on December 27, 28

Sindh Government on Wednesday declared December 27 and 28, 2012 (Thursday and Friday) as public holidays throughout the province of on the occasion of death anniversary of Benazir Bhutto Shaheed and 269th Urs of Hazrat Shah Abdul Latif Bhittai (R.A), resp
Published 21 Dec, 2012 12:00am
Imran says no room for hereditary politics

Imran says no room for hereditary politics

Pakistan Tehreek-e-Insaf Chairman Imran Khan has said that time has ended for practising hereditary politics in the country. He asked the people, especially youth, to reject all corrupt faces through the power of vote in the next general election. He was
Published 21 Dec, 2012 12:00am
Country may miss Kharif targets

Country may miss Kharif targets

The country may miss production targets of major Kharif crops including cotton and rice in the current season due to shortage of irrigation water, heavy rains and floods and high input costs, sources revealed to Business Recorder. Due to shortage o
Published 21 Dec, 2012 12:00am
Nawaz making efforts to woo electable candidates in Sindh

Nawaz making efforts to woo electable candidates in Sindh

Pakistan Muslim League-Nawaz (PML-N) has boosted efforts to reach out to electable candidates from Sindh and to achieve this objective the PML-N President Mian Nawaz Sharif is meeting different political figures.
Published 21 Dec, 2012 12:00am
'Corporate governance essential for ensuring transparency'

'Corporate governance essential for ensuring transparency'

Good corporate governance, for being a key driver of business performance, is not just an essential but a necessity for economic revival of the country and a major tool when it comes to attracting foreign investors. This was the upshot of the speeches del
Published 21 Dec, 2012 12:00am
Wateen Telecom sponsors Digital Marketing Conference 2012

Wateen Telecom sponsors Digital Marketing Conference 2012

Wateen Telecom, Pakistan's leading converged communications provider, participated in the prestigious Digital Marketing Conference 2012, held in Karachi on December 18, 2012. The Digital conference was held under the auspices of the Pakistan Advertisers'
Published 21 Dec, 2012 12:00am
FCCI exposition 'Made in Faisalabad' to be held in Chandi Garh

FCCI exposition 'Made in Faisalabad' to be held in Chandi Garh

FCCI expo named 'Made in Faisalabad' will be organised in Chandi Garh India as well as three trade delegations from Faisalabad are planned to visit India, said President The Faisalabad Chamber of Commerce & Industry (FCCI) Mian Zahid Aslam here today.
Published 21 Dec, 2012 12:00am
Baig optimistic about textile industry's growth prospects

Baig optimistic about textile industry's growth prospects

Federal Advisor to Prime Minister on Textile, Dr Mirza Ikhtiar Baig is quite optimistic about bullish growth of textile industry in Pakistan, saying trade concession on 65 items from the EU, implementation of GSP Plus from the EU from January 01, 2014, Pr
Published 21 Dec, 2012 12:00am
Young Khyber Pakhtunkhwa doctors threaten to go on strike

Young Khyber Pakhtunkhwa doctors threaten to go on strike

Young Doctors Association, Khyber Pakhtunkhwa has taken exception to the lack of interest of the government regarding solution to their lawful demands and had given four-day deadline to the provincial government in this regard. The deadline was given in a
Published 21 Dec, 2012 12:00am
Christians working for national uplift: Micheal

Christians working for national uplift: Micheal

PML-N Senator Kamran Micheal has said that the Christian community has been working for development of Pakistan since its inception. He was addressing a ceremony in connection with Christmas organised by Punjab University Christian staff here on Thursday
Published 21 Dec, 2012 12:00am
Gas woes: industry closure enters 13th day

Gas woes: industry closure enters 13th day

The industrial sector of Southern Punjab has come to a halt as gas supply has been suspended for indefinite period. The industries are without gas for the 13th consecutive day on Thursday while the Sui Northern Gas Pipeline Limited (SNGPL) spokesman said
Published 21 Dec, 2012 12:00am
International Conference held at GCU

International Conference held at GCU

An international conference on "Cognitive Behavioural Approaches in Psychological Interventions" held at the Government College University, Lahore, under the auspices of Psychology Department and Pakistan Association of Cognitive Therapists (PACT). Vice C
Published 21 Dec, 2012 12:00am
LHC CJ transfers four AD&SJ

LHC CJ transfers four AD&SJ

The Lahore High Court (LHC) Chief Justice Umar Ata Bandial has made transfer and posting among four Additional District and Sessions Judges (AD&SJ) and two civil judges. AD&SJ Muhammad Younis has been transferred from Lahore to Liaqatpur, Muhammad Rafat f
Published 21 Dec, 2012 12:00am
PML-N leaders' rejoinder to Imran, Wattoo

PML-N leaders' rejoinder to Imran, Wattoo

Special Assistant to CM Zaeem Hussain Qadri said that Imran Khan's statement against elected assemblies is condemnable and all democratic forces should denounce his offensive and baseless remarks. Commenting upon the statement of Imran Khan, Zaeem Hussain
Published 21 Dec, 2012 12:00am
The Weather

The Weather

The weather report on Thursday (December 20, 2012) and the forecast for Friday (December 21, 2012).

Published 21 Dec, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 20, 2012).

Published 21 Dec, 2012 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 21 Dec, 2012 12:00am
Government formally adopts O- & A-level system

Government formally adopts O- & A-level system

The government formally adopted 'O' and 'A' level system by introducing International General Certificate of Secondary Education (IGCSE) in public sector educational institution in the federal capital. Prime Minister Raja Pervez Ashraf launched the IGCSE/
Published 21 Dec, 2012 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 21 Dec, 2012 12:00am
Transfer and postings in FBR

Transfer and postings in FBR

The Federal Board of Revenue (FBR) has transferred and posted FBR Member Taxpayers Audit Mustafa Ashraf Tabassum (Inland Revenue Service/BS-21) as Chief Commissioner Inland Revenue, Regional Tax Office-II, Lahore. The FBR has yet to notify new FBR Member
Published 21 Dec, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 20, 2012).

Published 21 Dec, 2012 12:00am
APHC team visits Quaid's Mazar, 'Nine Zero'

APHC team visits Quaid's Mazar, 'Nine Zero'

Chairman All Parties Hurriyat Conference (APHC) Mirwaiz Umar Farooq on Thursday arrived in Karachi to meet leaders of various political parties. "We are in favour of resumption of dialogue process between India and Pakistan but the struggle of Kashmiri pe
Published 21 Dec, 2012 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (December 20, 2012) and for Friday (December 21, 2012).
Published 21 Dec, 2012 12:00am
Police raid cotton factory

Police raid cotton factory

Jalalpur Pirwala Police raided the cotton complex 'Shabbir Cotton Ginning and Solvent Factory,' owned by Haji Muhammad Akram, chairman of Ginners Group and ex-chairman of Pakistan Cotton Ginners Association(PCGA) to arrest a proclaimed offender. Police ma
Published 21 Dec, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 20, 2012).

Published 21 Dec, 2012 12:00am
GAPCP to participate in Jaipur jewellery show

GAPCP to participate in Jaipur jewellery show

A ten-member delegation of Gold Art Promotion Council Pakistan (GAPCP) will leave for Jaipur, India, through Wahga Border today to participate in the 4-day Jaipur Jewellery Show 2012 beginning on December 22. Chairman Pakistan-India Jewellery Business Com
Published 21 Dec, 2012 12:00am
GSP Plus: EU leaders' support encouraging: Haroon Agar

GSP Plus: EU leaders' support encouraging: Haroon Agar

President, Karachi Chamber of Commerce and Industry (KCCI), Mohammad Haroon Agar has said that it was heartening to note that EU leaders are supportive of the proposal to accommodate Pakistan in new GSP Plus initiative from 2014 onwards.
Published 21 Dec, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (December 20, 2012).

Published 21 Dec, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 20, 2012).

Published 21 Dec, 2012 12:00am
PMI organises IT course

PMI organises IT course

Pakistan Manpower Institute (PMI) on Thursday organised Information Technology course on "Desktop Application Development with Visual Basic." The objective of the course is to upgrade the knowledge and skills of the participants with desktop software appl
Published 21 Dec, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 20, 2012).

Published 21 Dec, 2012 12:00am
Jamaat-i-Islami urges ECP to ensure fair, free, transparent elections

Jamaat-i-Islami urges ECP to ensure fair, free, transparent elections

Ameer Jamaat-i-Islami Pakistan Syed Munawar Hasan has called upon the Election Commission of Pakistan (ECP) to adopt immediate and effective measures under the law to prevent corrupt government personalities and members of the parliament from contesting e
Published 21 Dec, 2012 12:00am
CD shops blown up in Charsadda

CD shops blown up in Charsadda

Unidentified militants on Thursday blew up two compact disc (CD) shops in Charsadda while a blast occurred outside a house in Khyber Agency. According to police sources, unknown miscreants had planted explosives outside two CD shops in Sardheri Bazaar in
Published 21 Dec, 2012 12:00am
CPPG organises dialogue on cyber crime

CPPG organises dialogue on cyber crime

Speakers at a policy dialogue said that cyber security is a cross cutting issue that needs to be thought out in paradigms of national security. The issues of privacy of information, public order and public morality in context of Pakistan was discussed by
Published 21 Dec, 2012 12:00am
THE RUPEE: all-round gains on easy supply of dollar

THE RUPEE: all-round gains on easy supply of dollar

Improvement in dollar's supply helped the rupee to continue its surge on money market on Thursday in the process of trading, money experts said. The rupee maintained its upward trend against the dollar, picking up more 33 paisa for buying and selling at 9
Published 21 Dec, 2012 12:00am
Iron ore-wheat barter deal prospects: PSM team heads to Tehran tomorrow

Iron ore-wheat barter deal prospects: PSM team heads to Tehran tomorrow

A four-member delegation of Pakistan Steel Mills (PSM) is proceeding to Tehran via Dubai on December 22 to explore avenues of barter trade, ie, iron ore in lieu of wheat as federal government has given its concurrence, well-informed sources told Busine
Published 21 Dec, 2012 12:00am
THE RUPEE: all-round gains on easy supply of dollar

THE RUPEE: all-round gains on easy supply of dollar

Improvement in dollar's supply helped the rupee to continue its surge on money market on Thursday in the process of trading, money experts said. The rupee maintained its upward trend against the dollar, picking up more 33 paisa for buying and selling at 9
Published 21 Dec, 2012 12:00am
Strike in Sopore continues

Strike in Sopore continues

Complete shutdown was observed in Sopore, Occupied Kashmir, for the second consecutive day, Thursday, against the killing of several Kashmiri youth including a 10th class student, Aatir Dar, during Indian military operations in the town. The situation in
Published 21 Dec, 2012 12:00am
AKFA seeks role in Basant festivities

AKFA seeks role in Basant festivities

Vice President of All Pakistan Paper Merchants Association (APPMA) and founder of Kite Flying Festival Khawaja Nadeem Saeed Wayeen has urged the Advisor to Chief Minister Punjab Khawaja Salman Rafiq to include representative of All Pakistan Kite Flying As
Published 21 Dec, 2012 12:00am
'Well-being of special children priority of government'

'Well-being of special children priority of government'

Advisor to Chief Minister Punjab Begum Zakia Shahnawaz has said that special children are our precious assets and their education and upbringing was the responsibility of the parents, teachers and society. She said this while addressing an award distribut
Published 21 Dec, 2012 12:00am
Sugar prices at USC outlets reduced by Rs 3 per kg

Sugar prices at USC outlets reduced by Rs 3 per kg

The Utility Stores Corporation of Pakistan (USC) has reduced sugar price by Rs 3 per kg at its all outlets across the country as compared the open market in order to provide relief to the people. The Spokesman of the Corporation told APP here on Thursday
Published 21 Dec, 2012 12:00am
Murder case: ATC issues arrest warrants of Rind, 24 others

Murder case: ATC issues arrest warrants of Rind, 24 others

An anti-terrorism court on Thursday again issued non-bailable warrants of arrest against member of Balochistan Assembly and former Federal Minister Yar Mohammad Rind, his son and 23 others. Sardar Yar Mohammad Rind has been accused of murder of two person
Published 21 Dec, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (December 20, 2012).

Published 21 Dec, 2012 12:00am
Punjab Assembly again faces lack of quorum

Punjab Assembly again faces lack of quorum

The Punjab Assembly on Thursday failed to take up legislation business, as its session was again prematurely adjourned due to lack of quorum. It may be mentioned here that today's session was called by the treasury benches to take up important bills. The
Published 21 Dec, 2012 12:00am
225 water filtration plants to be installed in Sindh

225 water filtration plants to be installed in Sindh

Sindh government is spending Rs 8.5 billion on the installation of 225 water filtration plants for providing pure drinking water to the people of nine districts of the province. Talking to Radio Pakistan, a spokesman of Sindh government said that under th
Published 21 Dec, 2012 12:00am
Crackdown against purchase, sale of hospital waste ordered

Crackdown against purchase, sale of hospital waste ordered

Special Assistant to Punjab Chief Minister on Environment, Mansha Ullah Butt has ordered DCOs of all the districts to launch crackdown against the purchase and sale of hospitals waste and its use in plastic grain preparation. He issued this order during a
Published 21 Dec, 2012 12:00am
Campus Outreach Programme: central Punjab University students visit LSE

Campus Outreach Programme: central Punjab University students visit LSE

Students of M.Com from University of the Central Punjab visited the Lahore Stock Exchange in collaboration with South Asian Federation of Exchange (SAFE), as part of the Campus Outreach Programme under Financial Literacy Initiative. Managing Director and
Published 21 Dec, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Dec, 2012 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 21 Dec, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Dec, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 21 Dec, 2012 12:00am
Representatives of Afghan warring factions open talks in France

Representatives of Afghan warring factions open talks in France

Representatives of Afghanistan's warring factions met here Thursday for two days of landmark talks that diplomats hope will bolster a fledgling peace process in the war-torn country. For the first time since a US-led bombing campaign drove the Taliban fro
Published 21 Dec, 2012 12:00am
Representatives of Afghan warring factions open talks in France

Representatives of Afghan warring factions open talks in France

Representatives of Afghanistan's warring factions met here Thursday for two days of landmark talks that diplomats hope will bolster a fledgling peace process in the war-torn country. For the first time since a US-led bombing campaign drove the Taliban fro
Published 21 Dec, 2012 12:00am
IntercontinentalExchange buys NYSE Euronext for $8 billion

IntercontinentalExchange buys NYSE Euronext for $8 billion

IntercontinentalExchange agreed an $8 billion deal to buy New York Stock Exchange owner NYSE Euronext on Thursday, propelling the commodities player into European financial futures and helping it to take on arch rival CME Group. Atlanta-based ICE will loo
Published 21 Dec, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 21 Dec, 2012 12:00am
IntercontinentalExchange buys NYSE Euronext for $8 billion

IntercontinentalExchange buys NYSE Euronext for $8 billion

IntercontinentalExchange agreed an $8 billion deal to buy New York Stock Exchange owner NYSE Euronext on Thursday, propelling the commodities player into European financial futures and helping it to take on arch rival CME Group. Atlanta-based ICE will loo
Published 21 Dec, 2012 12:00am
IntercontinentalExchange buys NYSE Euronext for $8 billion

IntercontinentalExchange buys NYSE Euronext for $8 billion

IntercontinentalExchange agreed an $8 billion deal to buy New York Stock Exchange owner NYSE Euronext on Thursday, propelling the commodities player into European financial futures and helping it to take on arch rival CME Group. Atlanta-based ICE will loo
Published 21 Dec, 2012 12:00am
Acting chairman Pemra

Acting chairman Pemra

The Supreme Court (SC) on Thursday barred the acting Chairman of Pakistan Electronic Media Regulatory Authority (Pemra) Dr Abdul Jabbar from discharging his duties.
Published 21 Dec, 2012 12:00am
Acting chairman Pemra

Acting chairman Pemra

The Supreme Court (SC) on Thursday barred the acting Chairman of Pakistan Electronic Media Regulatory Authority (Pemra) Dr Abdul Jabbar from discharging his duties.
Published 21 Dec, 2012 12:00am
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