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Print - 2014-02-21
FBR allowed to exchange taxpayers' information at global level

FBR allowed to exchange taxpayers' information at global level

Federal Cabinet has allowed the Federal Board of Revenue (FBR) to exchange taxpayers' information at the global level for tracking down capital flown out of the country as a result of tax evasion or corruption, official sources told Business Recorder</
Published 21 Feb, 2014 12:00am
FBR allowed to exchange taxpayers' information at global level

FBR allowed to exchange taxpayers' information at global level

Federal Cabinet has allowed the Federal Board of Revenue (FBR) to exchange taxpayers' information at the global level for tracking down capital flown out of the country as a result of tax evasion or corruption, official sources told Business Recorder</
Published 21 Feb, 2014 12:00am
FBR allowed to exchange taxpayers'' information at global level

FBR allowed to exchange taxpayers'' information at global level

Federal Cabinet has allowed the Federal Board of Revenue (FBR) to exchange taxpayers'' information at the global level for tracking down capital flown out of the country as a result of tax evasion or corruption, official sources told Business Recorder<
Published 21 Feb, 2014 12:00am
FBR privileges scheme: 100 top taxpayers to get VIP status

FBR privileges scheme: 100 top taxpayers to get VIP status

The Federal Board of Revenue (FBR) Thursday announced 'Taxpayer Privileges and Honour Card Scheme' for extending privileges/VIP facilities to 100 top taxpayers. The scheme would allow the taxpayers facilities at VIP lounges of airports, issuance of gratis
Published 21 Feb, 2014 12:00am
FBR privileges scheme: 100 top taxpayers to get VIP status

FBR privileges scheme: 100 top taxpayers to get VIP status

The Federal Board of Revenue (FBR) Thursday announced 'Taxpayer Privileges and Honour Card Scheme' for extending privileges/VIP facilities to 100 top taxpayers. The scheme would allow the taxpayers facilities at VIP lounges of airports, issuance of gratis
Published 21 Feb, 2014 12:00am
FBR privileges scheme: 100 top taxpayers to get VIP status

FBR privileges scheme: 100 top taxpayers to get VIP status

The Federal Board of Revenue (FBR) Thursday announced ''Taxpayer Privileges and Honour Card Scheme'' for extending privileges/VIP facilities to 100 top taxpayers. The scheme would allow the taxpayers facilities at VIP lounges of airports, issuance of grat
Published 21 Feb, 2014 12:00am
2 Discos, 1 Genco: PC board accords approval to restructuring, sell-off

2 Discos, 1 Genco: PC board accords approval to restructuring, sell-off

The Privatisation Commission's Board approved on Thursday the restructuring and privatisation of two Power Distribution Companies (Discos) and one Power Generation Company (Genco). The Board also gave its approval to initiation of the process for hiring s
Published 21 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (February 20, 2014).

Published 21 Feb, 2014 12:00am
2 Discos, 1 Genco: PC board accords approval to restructuring, sell-off

2 Discos, 1 Genco: PC board accords approval to restructuring, sell-off

The Privatisation Commission's Board approved on Thursday the restructuring and privatisation of two Power Distribution Companies (Discos) and one Power Generation Company (Genco). The Board also gave its approval to initiation of the process for hiring s
Published 21 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (February 20, 2014).

Published 21 Feb, 2014 12:00am
2 Discos, 1 Genco: PC board accords approval to restructuring, sell-off

2 Discos, 1 Genco: PC board accords approval to restructuring, sell-off

The Privatisation Commission''s Board approved on Thursday the restructuring and privatisation of two Power Distribution Companies (Discos) and one Power Generation Company (Genco). The Board also gave its approval to initiation of the process for hiring
Published 21 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (February 20, 2014).

Published 21 Feb, 2014 12:00am
LSM registers 6.76 percent growth during July-December

LSM registers 6.76 percent growth during July-December

The country's Large-Scale Manufacturing Industries (LSMI) have registered a growth of 6.76 percent in the first six months of fiscal year 2013-14, as compared to the corresponding period of the last year. The provisional Quantum Index Numbers (QIM) of LSM
Published 21 Feb, 2014 12:00am
LSM registers 6.76 percent growth during July-December

LSM registers 6.76 percent growth during July-December

The country's Large-Scale Manufacturing Industries (LSMI) have registered a growth of 6.76 percent in the first six months of fiscal year 2013-14, as compared to the corresponding period of the last year. The provisional Quantum Index Numbers (QIM) of LSM
Published 21 Feb, 2014 12:00am
LSM registers 6.76 percent growth during July-December

LSM registers 6.76 percent growth during July-December

The country''s Large-Scale Manufacturing Industries (LSMI) have registered a growth of 6.76 percent in the first six months of fiscal year 2013-14, as compared to the corresponding period of the last year. The provisional Quantum Index Numbers (QIM) of LS
Published 21 Feb, 2014 12:00am
Deutsche Bank settles Kirch case in milestone deal

Deutsche Bank settles Kirch case in milestone deal

Deutsche Bank ended its decade-long battle with the heirs of late media mogul Leo Kirch on Thursday, closing one of Germany's most acrimonious corporate battles in a deal that will cost the country's largest lender about 900 million euros ($1.24 billion).
Published 21 Feb, 2014 12:00am
Deutsche Bank settles Kirch case in milestone deal

Deutsche Bank settles Kirch case in milestone deal

Deutsche Bank ended its decade-long battle with the heirs of late media mogul Leo Kirch on Thursday, closing one of Germany's most acrimonious corporate battles in a deal that will cost the country's largest lender about 900 million euros ($1.24 billion).
Published 21 Feb, 2014 12:00am
Deutsche Bank settles Kirch case in milestone deal

Deutsche Bank settles Kirch case in milestone deal

Deutsche Bank ended its decade-long battle with the heirs of late media mogul Leo Kirch on Thursday, closing one of Germany''s most acrimonious corporate battles in a deal that will cost the country''s largest lender about 900 million euros ($1.24 billion
Published 21 Feb, 2014 12:00am
Bearish spell continues

Bearish spell continues

Bears roared loudly on the floor of Karachi Stock Exchange (KSE) Thursday and the benchmark 100-index lost another 180 points to close at 25,506 points against 25,686 points Wednesday. The trading side, however, closed on a positive note at 196.928 millio
Published 21 Feb, 2014 12:00am
Bearish spell continues

Bearish spell continues

Bears roared loudly on the floor of Karachi Stock Exchange (KSE) Thursday and the benchmark 100-index lost another 180 points to close at 25,506 points against 25,686 points Wednesday. The trading side, however, closed on a positive note at 196.928 millio
Published 21 Feb, 2014 12:00am
Bearish spell continues

Bearish spell continues

Bears roared loudly on the floor of Karachi Stock Exchange (KSE) Thursday and the benchmark 100-index lost another 180 points to close at 25,506 points against 25,686 points Wednesday. The trading side, however, closed on a positive note at 196.928 millio
Published 21 Feb, 2014 12:00am
BRIndex30 loses 24.99 points

BRIndex30 loses 24.99 points

On Thursday, BRIndex30 opened at 15,241.13. It touched an intraday high of 15,369.22 and an intraday low of 15,139.02 and closed at 15,216.14, which was -24.99 points or -0.16 percent lower than previous close. Total volume was 99,863,200, which was 50.71
Published 21 Feb, 2014 12:00am
BRIndex30 loses 24.99 points

BRIndex30 loses 24.99 points

On Thursday, BRIndex30 opened at 15,241.13. It touched an intraday high of 15,369.22 and an intraday low of 15,139.02 and closed at 15,216.14, which was -24.99 points or -0.16 percent lower than previous close. Total volume was 99,863,200, which was 50.71
Published 21 Feb, 2014 12:00am
We've decided not to go ahead with talks: Nisar

We've decided not to go ahead with talks: Nisar

Interior Minister Chaudhry Nisar Ali Khan on Thursday said that security forces are taking action in self-defence, saying a dialogue and acts of terrorism cannot go hand in hand. Addressing a press conference, he said the security forces are undertaking a
Published 21 Feb, 2014 12:00am
We've decided not to go ahead with talks: Nisar

We've decided not to go ahead with talks: Nisar

Interior Minister Chaudhry Nisar Ali Khan on Thursday said that security forces are taking action in self-defence, saying a dialogue and acts of terrorism cannot go hand in hand. Addressing a press conference, he said the security forces are undertaking a
Published 21 Feb, 2014 12:00am
Armed forces to give 'befitting' response: Asif

Armed forces to give 'befitting' response: Asif

Defence Minister Khawaja Asif reiterated on Thursday that every necessary step will be taken to ensure security of Pakistan and its people. He said that armed forces of the country will give befitting reply to terrorists for their atrocities. "Armed force
Published 21 Feb, 2014 12:00am
Armed forces to give 'befitting' response: Asif

Armed forces to give 'befitting' response: Asif

Defence Minister Khawaja Asif reiterated on Thursday that every necessary step will be taken to ensure security of Pakistan and its people. He said that armed forces of the country will give befitting reply to terrorists for their atrocities. "Armed force
Published 21 Feb, 2014 12:00am
Killing of 23 FC men: Pakistan lodges strong protest with Afghanistan

Killing of 23 FC men: Pakistan lodges strong protest with Afghanistan

Pakistan on Thursday lodged strong protest with Afghanistan on the brutal murder of 23 FC personnel inside its territory and urged the Afghan government to take prompt action to apprehend and punish the perpetrators of the heinous and inhumane crime.
Published 21 Feb, 2014 12:00am
Killing of 23 FC men: Pakistan lodges strong protest with Afghanistan

Killing of 23 FC men: Pakistan lodges strong protest with Afghanistan

Pakistan on Thursday lodged strong protest with Afghanistan on the brutal murder of 23 FC personnel inside its territory and urged the Afghan government to take prompt action to apprehend and punish the perpetrators of the heinous and inhumane crime.
Published 21 Feb, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 21 Feb, 2014 12:00am
Government plans TDAP restructuring: Dastgir

Government plans TDAP restructuring: Dastgir

The government has planned to restructure the Trade Develop-ment Authority of Pakistan (TDAP) and induct a new lot of professional and competent commercial consulars to project Pakistani goods in regional and international markets, especially in new ones.
Published 21 Feb, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 21 Feb, 2014 12:00am
Government plans TDAP restructuring: Dastgir

Government plans TDAP restructuring: Dastgir

The government has planned to restructure the Trade Develop-ment Authority of Pakistan (TDAP) and induct a new lot of professional and competent commercial consulars to project Pakistani goods in regional and international markets, especially in new ones.
Published 21 Feb, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Feb, 2014 12:00am
Government plans TDAP restructuring: Dastgir

Government plans TDAP restructuring: Dastgir

The government has planned to restructure the Trade Develop-ment Authority of Pakistan (TDAP) and induct a new lot of professional and competent commercial consulars to project Pakistani goods in regional and international markets, especially in new ones.
Published 21 Feb, 2014 12:00am
Board meetings in progress

Board meetings in progress

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

Published 21 Feb, 2014 12:00am
Banks must provide fact sheet on credit cards: SBP

Banks must provide fact sheet on credit cards: SBP

The State Bank of Pakistan on Thursday directed banks to provide an upfront key product fact sheet on credit cards. According to CPD Circular No 3 dated February 20, 2014, in order to enhance the existing level of transparency and disclosure in the credit
Published 21 Feb, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 Feb, 2014 12:00am
Banks must provide fact sheet on credit cards: SBP

Banks must provide fact sheet on credit cards: SBP

The State Bank of Pakistan on Thursday directed banks to provide an upfront key product fact sheet on credit cards. According to CPD Circular No 3 dated February 20, 2014, in order to enhance the existing level of transparency and disclosure in the credit
Published 21 Feb, 2014 12:00am
Presentation

Presentation

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

Published 21 Feb, 2014 12:00am
Banks must provide fact sheet on credit cards: SBP

Banks must provide fact sheet on credit cards: SBP

The State Bank of Pakistan on Thursday directed banks to provide an upfront key product fact sheet on credit cards. According to CPD Circular No 3 dated February 20, 2014, in order to enhance the existing level of transparency and disclosure in the credit
Published 21 Feb, 2014 12:00am
Veteran Editor Fasieh Iqbal dies

Veteran Editor Fasieh Iqbal dies

Senior journalist, intellectual and former president of Council of Pakistan Newspapers Editors (CPNE) and All Pakistan Newspapers Society (APNS), Syed Fasieh Iqbal, died here at a local hospital after a protracted illness. He was 78. Fasieh was suffering
Published 21 Feb, 2014 12:00am
Veteran Editor Fasieh Iqbal dies

Veteran Editor Fasieh Iqbal dies

Senior journalist, intellectual and former president of Council of Pakistan Newspapers Editors (CPNE) and All Pakistan Newspapers Society (APNS), Syed Fasieh Iqbal, died here at a local hospital after a protracted illness. He was 78. Fasieh was suffering
Published 21 Feb, 2014 12:00am
Power sector receivables increase by 17 percent

Power sector receivables increase by 17 percent

Power sector receivables have increased approximately by 17 per cent from Rs 411 billion in June 2013 to Rs 480.7 billion as on December 30, 2013 from both the public and private sector consumers. Official documents available with Business Recorder </i
Published 21 Feb, 2014 12:00am
Power sector receivables increase by 17 percent

Power sector receivables increase by 17 percent

Power sector receivables have increased approximately by 17 per cent from Rs 411 billion in June 2013 to Rs 480.7 billion as on December 30, 2013 from both the public and private sector consumers. Official documents available with Business Recorder </i
Published 21 Feb, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (February 20, 2014).

Published 21 Feb, 2014 12:00am
Power sector receivables increase by 17 percent

Power sector receivables increase by 17 percent

Power sector receivables have increased approximately by 17 per cent from Rs 411 billion in June 2013 to Rs 480.7 billion as on December 30, 2013 from both the public and private sector consumers. Official documents available with Business Recorder </i
Published 21 Feb, 2014 12:00am
Dozens dead in Ukraine as EU adopts sanctions

Dozens dead in Ukraine as EU adopts sanctions

Riot police fired live rounds at protesters in an explosion of violence in Kiev on Thursday that left more than 60 people dead as the European Union imposed sanctions on those with "blood on their hands". Bullet-riddled bodies were scattered amid smoulder
Published 21 Feb, 2014 12:00am
Dozens dead in Ukraine as EU adopts sanctions

Dozens dead in Ukraine as EU adopts sanctions

Riot police fired live rounds at protesters in an explosion of violence in Kiev on Thursday that left more than 60 people dead as the European Union imposed sanctions on those with "blood on their hands". Bullet-riddled bodies were scattered amid smoulder
Published 21 Feb, 2014 12:00am
Iran, Britain resume diplomatic ties: Tehran

Iran, Britain resume diplomatic ties: Tehran

Iran and Britain officially resumed Thursday diplomatic relations severed by London after students stormed its Tehran embassy in 2011, a senior Iranian official said. "From today relations between Iran and Britain are resumed at the non-resident charges d
Published 21 Feb, 2014 12:00am
Iran, Britain resume diplomatic ties: Tehran

Iran, Britain resume diplomatic ties: Tehran

Iran and Britain officially resumed Thursday diplomatic relations severed by London after students stormed its Tehran embassy in 2011, a senior Iranian official said. "From today relations between Iran and Britain are resumed at the non-resident charges d
Published 21 Feb, 2014 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

The rupee managed to hold the overnight levels in terms of the dollar in the process of trading, dealers said. The rupee slipped by one-paisa against the dollar for buying and selling at Rs 104.90 and Rs 104.92 respectively, they said.
Published 21 Feb, 2014 12:00am
Forex reserves up $404 million

Forex reserves up $404 million

The country's total liquid foreign exchange reserves soared by $404.6 million during last week supported by inflows of Coalition Support Fund (CSF). According to weekly forex report issued by the State Bank Thursday, the country's total liquid forex reser
Published 21 Feb, 2014 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

The rupee managed to hold the overnight levels in terms of the dollar in the process of trading, dealers said. The rupee slipped by one-paisa against the dollar for buying and selling at Rs 104.90 and Rs 104.92 respectively, they said.
Published 21 Feb, 2014 12:00am
Forex reserves up $404 million

Forex reserves up $404 million

The country's total liquid foreign exchange reserves soared by $404.6 million during last week supported by inflows of Coalition Support Fund (CSF). According to weekly forex report issued by the State Bank Thursday, the country's total liquid forex reser
Published 21 Feb, 2014 12:00am
Forex reserves up $404 million

Forex reserves up $404 million

The country''s total liquid foreign exchange reserves soared by $404.6 million during last week supported by inflows of Coalition Support Fund (CSF). According to weekly forex report issued by the State Bank Thursday, the country''s total liquid forex res
Published 21 Feb, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 20, 2014).

Published 21 Feb, 2014 12:00am