Print - 2004-09-01
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (August 31, 2004).
Published 01 Sep, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 01 Sep, 2004 12:00am
TACCI to invite Shaukat at traders convention

TACCI to invite Shaukat at traders convention

Tribal Area Chamber of Commerce & Industry (TACCI) is going to invite Prime Minister Shaukat Aziz to a grand convention of industrialists and traders of Federally Administered Tribal Area (Fata) and Provincially Administered Tribal Area (Pata) shortly.
Published 01 Sep, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 01 Sep, 2004 12:00am
NBP profit up by 14 percent despite odds: Raza

NBP profit up by 14 percent despite odds: Raza

The National Bank of Pakistan (NBP) has taken necessary steps to tackle global menace of money laundering and bank transactions with terrorists, and in this connection it was imparting training to its staff, apart from adhering to strict regulations of th
Published 01 Sep, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Published 01 Sep, 2004 12:00am
NBP profit up by 14 percent despite odds: Raza

NBP profit up by 14 percent despite odds: Raza

The National Bank of Pakistan (NBP) has taken necessary steps to tackle global menace of money laundering and bank transactions with terrorists, and in this connection it was imparting training to its staff, apart from adhering to strict regulations of th
Published 01 Sep, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (August 31, 2004).
Published 01 Sep, 2004 12:00am
Reshuffle in Islamabad police soon: ASP

Reshuffle in Islamabad police soon: ASP

Islamabad Capital Territory (ICT) Police have decided a reshuffle of all Station House Officers(SHOs) and to introduce new and able force in the area because of increasing lawlessness in the federal capital.
Published 01 Sep, 2004 12:00am
Renovation of Islamabad hospitals to cost Rs 558 million

Renovation of Islamabad hospitals to cost Rs 558 million

The government has been executing schemes worth Rs 558 million for upgradation and renovation of two major hospitals in the federal capital including Pakistan Institute of Medical Sciences (PIMS) and Federal Government Services Hospital (FGSH).According t
Published 01 Sep, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 01 Sep, 2004 12:00am
Opposition requisitions NWFP Assembly session

Opposition requisitions NWFP Assembly session

Joint opposition in NWFP Assembly on Tuesday filed a requisition to the assembly secretariat for convening a session. The requisition had the signatures of 42 members of the opposition parties.
Published 01 Sep, 2004 12:00am
Talks on bilateral trade with Austria from October 8

Talks on bilateral trade with Austria from October 8

Pakistan and Austria will hold talks on bilateral trade and identification of areas for economic co-operation as various ministries have finalised their proposals for the second session of Pak-Austria Joint Working Group (JWG).
Published 01 Sep, 2004 12:00am
Shaukat urged to shun politics of hatred

Shaukat urged to shun politics of hatred

Prime Minister Shaukat Aziz should pursue the politics of accommodation and tolerance by shunning the politics of conflicts and hatred if he vows to take along the Opposition.
Published 01 Sep, 2004 12:00am
Meezan Bank to open interest-free branch

Meezan Bank to open interest-free branch

NWFP Senior Minister Siraj-ul-Haq has said that Muttahida Majlis-i-Amal (MMA) government after introducing Islamic banking in the province would also encourage other banks to open interest free branches in Frontier Province.
Published 01 Sep, 2004 12:00am
Sher Afgan withdraws resignation from PPP

Sher Afgan withdraws resignation from PPP

Pakistan People's Party member Dr Sher Afgan Niazi on Tuesday withdrew his resignation as party's parliamentary leader in the National Assembly following assurance from Sikandar Iqbal and Aftab Sherpao that merit would be the only criterion for representa
Published 01 Sep, 2004 12:00am
MQM and Sunni Tehrik workers' clash leaves 7 injured

MQM and Sunni Tehrik workers' clash leaves 7 injured

Seven activists of Sunni Tehrik and Muttahida Qaumi Movement were injured after a verbal accusation of uncalled for political activities turned into a heavy exchange of fire in the narrow lanes of Ramawasami on early Tuesday morning.
Published 01 Sep, 2004 12:00am
Kashmiris inclusion necessary for just settlement of IOK: Kasuri

Kashmiris inclusion necessary for just settlement of IOK: Kasuri

Foreign Minister Khurshid Mehmood Kasuri on Tuesday said it was important to associate Kashmiris with efforts to find a just solution to the Jammu & Kashmir dispute and they should be the beneficiary of the Pakistan-India peace process.
Published 01 Sep, 2004 12:00am
Three killed in Indian occupied Kashmir

Three killed in Indian occupied Kashmir

Three people died in violence in Indian occupied Kashmir, including a school teacher, who killed in a blast at a busy market, while the brother of an Indian cabinet minister survived an attack, police said on Tuesday.
Published 01 Sep, 2004 12:00am
Defence and military clout need to be curtailed: economist

Defence and military clout need to be curtailed: economist

The new government will find it hard to bring in any 'revolutionary' package for the poor unless defence spending is reduced remarkably and behind-the-scene political power of the military establishment is done away with.
Published 01 Sep, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on August 31, 2004.
Published 01 Sep, 2004 12:00am
Musharraf directs timely completion of uplift projects

Musharraf directs timely completion of uplift projects

President General Pervez Musharraf directed on Tuesday that all ongoing development projects in the Federally Administered Tribal Areas (Fata) be completed on schedule for the socio-economic uplift and welfare of the residents of these areas.
Published 01 Sep, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on August 31, 2004.
Published 01 Sep, 2004 12:00am
Sindh governor meets chief minister

Sindh governor meets chief minister

Sindh Chief Minister Dr Arbab Ghulam Rahim on Tuesday called on Sindh Governor Dr Ishratul Ibad here at the Governor House and discussed provincial issues.
Published 01 Sep, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on August 31, 2004.
Published 01 Sep, 2004 12:00am
Sino-Pak ties vital for South Asia peace: Prime Minister

Sino-Pak ties vital for South Asia peace: Prime Minister

Prime Minister Shaukat Aziz said on Tuesday Pakistan-China friendship was an important factor for peace and stability in South Asia and the two were determined to work together for the cause of peace, stability and prosperity for all.
Published 01 Sep, 2004 12:00am
Government inks accord with Wana tribe

Government inks accord with Wana tribe

Another main section of Ahmadzai Wazir of Wana sub-division, Sheikh Bazid of Zali Khel tribe, has inked an agreement with the government to ensure safety and security of their respective areas by keeping it free form foreign elements and terrorists activi
Published 01 Sep, 2004 12:00am
Daniyal calls on Shaukat

Daniyal calls on Shaukat

Prime Minister Shaukat Aziz said on Tuesday that there has to be a close co-ordination between district government and parliamentarians to ensure early completion of development projects.
Published 01 Sep, 2004 12:00am
'Congress examining expanded aid plan for Pakistan'

'Congress examining expanded aid plan for Pakistan'

The United States Congress is currently considering expanded aid programme in Pakistan. Out of $300 million in development assistance annually, $150 million will be for USAID development.
Published 01 Sep, 2004 12:00am
CDGK to provide facilities at beaches

CDGK to provide facilities at beaches

City Nazim, Naimatullah Khan has said that City Government will provide facilities to people visiting recreational spots at the beaches of Karachi.
Published 01 Sep, 2004 12:00am
Five-year plan: feedback from trade bodies sought

Five-year plan: feedback from trade bodies sought

Trade bodies have been advised to immediately forward necessary feedback/inputs relevant to the private sector on the observations, recommendations and proposed action by the first meeting of Planning and Development Division's Working Group on "services"
Published 01 Sep, 2004 12:00am
Refinance rate stays put

Refinance rate stays put

The State Bank has decided to continue with the prevailing rate of return for export refinancing. "It has been decided that the rate of refinance under the Export Finance Scheme, ie 2.5 percent p.a. will continue to be applicable for the month of Septembe
Published 01 Sep, 2004 12:00am
Refinance rate stays put

Refinance rate stays put

The State Bank has decided to continue with the prevailing rate of return for export refinancing. "It has been decided that the rate of refinance under the Export Finance Scheme, ie 2.5 percent p.a. will continue to be applicable for the month of Septembe
Published 01 Sep, 2004 12:00am
Irsa meeting to discuss water situation today

Irsa meeting to discuss water situation today

The Indus River System Authority (Irsa) will take stock of availability of water in the country on Wednesday. It had already convened one meeting of its advisory committee to keep the provinces informed about the water availability/distribution. The body
Published 01 Sep, 2004 12:00am
Irsa meeting to discuss water situation today

Irsa meeting to discuss water situation today

The Indus River System Authority (Irsa) will take stock of availability of water in the country on Wednesday. It had already convened one meeting of its advisory committee to keep the provinces informed about the water availability/distribution. The body
Published 01 Sep, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (August 31, 2004).
Published 01 Sep, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (August 31, 2004).
Published 01 Sep, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (August 31, 2004).
Published 01 Sep, 2004 12:00am
Hinopak to present CNG buses to Musharraf on September 1

Hinopak to present CNG buses to Musharraf on September 1

Chikahiro, Managing Director and CEO of Hinopak Motors Limited, said on Tuesday that Hinopak is going to introduce and present locally assembled CNG buses to the President of Pakistan in Islamabad on Wednesday.
Published 01 Sep, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (August 31, 2004).
Published 01 Sep, 2004 12:00am
Pakistan Steel earned Rs 6.28 billion profit in 2003-04

Pakistan Steel earned Rs 6.28 billion profit in 2003-04

Pakistan Steel (PS) earned a record profit of Rs 6.28 billion in 2003-04, surpassing the target of Rs 0.94 billion, while it produced 1.024 million tons steel products during this period. This was stated by Lieutenant General (Retd) Abdul Qayyum, Chairman
Published 01 Sep, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (August 31, 2004).
Published 01 Sep, 2004 12:00am
Pakistan Steel earned Rs 6.28 billion profit in 2003-04

Pakistan Steel earned Rs 6.28 billion profit in 2003-04

Pakistan Steel (PS) earned a record profit of Rs 6.28 billion in 2003-04, surpassing the target of Rs 0.94 billion, while it produced 1.024 million tons steel products during this period. This was stated by Lieutenant General (Retd) Abdul Qayyum, Chairman
Published 01 Sep, 2004 12:00am
Pakistan Steel earned Rs 6.28 billion profit in 2003-04

Pakistan Steel earned Rs 6.28 billion profit in 2003-04

Pakistan Steel (PS) earned a record profit of Rs 6.28 billion in 2003-04, surpassing the target of Rs 0.94 billion, while it produced 1.024 million tons steel products during this period. This was stated by Lieutenant General (Retd) Abdul Qayyum, Chairman
Published 01 Sep, 2004 12:00am
Pakistan and India swap prisoners

Pakistan and India swap prisoners

As many as 55 prisoners were exchanged between Pakistan and India, including 36 Indians and 19 Pakistanis in a ceremony held at no man's land at the Wagha check-post here as mark of a goodwill gesture between the two countries. Most of these prisoners wer
Published 01 Sep, 2004 12:00am
Pakistan and India swap prisoners

Pakistan and India swap prisoners

As many as 55 prisoners were exchanged between Pakistan and India, including 36 Indians and 19 Pakistanis in a ceremony held at no man's land at the Wagha check-post here as mark of a goodwill gesture between the two countries. Most of these prisoners wer
Published 01 Sep, 2004 12:00am
PBA chief felicitates Shaukat

PBA chief felicitates Shaukat

Shaukat Tarin, Chairman, Pakistan Banks Association, congratulated Shaukat Aziz on being elected as the Prime Minister of the Islamic Republic of Pakistan. Tarin stated that Shaukat Aziz's election is an endorsement of his successful policies, which have
Published 01 Sep, 2004 12:00am
PBA chief felicitates Shaukat

PBA chief felicitates Shaukat

Shaukat Tarin, Chairman, Pakistan Banks Association, congratulated Shaukat Aziz on being elected as the Prime Minister of the Islamic Republic of Pakistan. Tarin stated that Shaukat Aziz's election is an endorsement of his successful policies, which have
Published 01 Sep, 2004 12:00am
Suspension of 16 listed firms extended

Suspension of 16 listed firms extended

Karachi Stock Exchange has extended suspension of trading in the shares of 16 listed companies for further 60 days. According to a notice of KSE, since these companies have not so far removed the cause of suspension of trading in their shares, the managem
Published 01 Sep, 2004 12:00am
Suspension of 16 listed firms extended

Suspension of 16 listed firms extended

Karachi Stock Exchange has extended suspension of trading in the shares of 16 listed companies for further 60 days. According to a notice of KSE, since these companies have not so far removed the cause of suspension of trading in their shares, the managem
Published 01 Sep, 2004 12:00am
Iraq nears awarding first oilfield study deals

Iraq nears awarding first oilfield study deals

The first post-war contract to study Iraq's oilfields is due to be awarded next month, as Iraq's oil wealth tempts foreign firms to bid for relatively small deals on offer despite the country's political turmoil.
Published 01 Sep, 2004 12:00am
India to discuss oil exploration in Venezuela

India to discuss oil exploration in Venezuela

India will discuss opportunities for exploring oil and gas in Venezuela when the country's foreign minister visits New Delhi this week, an Indian government spokesman said on Tuesday.
Published 01 Sep, 2004 12:00am
UK loan approvals for housing fall to year lows

UK loan approvals for housing fall to year lows

The number of new loan approvals for house purchase in Britain fell to its lowest level in more than a year, according to official data on Tuesday, in a sign of what could be the start of a sustained slowdown in the property market.
Published 01 Sep, 2004 12:00am
Bangladesh fears losing foreign investment

Bangladesh fears losing foreign investment

The Bangladeshi government Tuesday expressed fears of losing foreign investment due to political tension following a bomb blast at an opposition rally that killed 20 people this month.
Published 01 Sep, 2004 12:00am
Car import duties rationalised: vehicles classified into five categories

Car import duties rationalised: vehicles classified into five categories

The Central Board of Revenue (CBR) on Tuesday revised its Customs General Order (CGO) No 6, which had brought it under criticism for its allegedly partisan attitude towards selected brands of car manufacturers. It issued the amendment broadly classifying
Published 01 Sep, 2004 12:00am
Car import duties rationalised: vehicles classified into five categories

Car import duties rationalised: vehicles classified into five categories

The Central Board of Revenue (CBR) on Tuesday revised its Customs General Order (CGO) No 6, which had brought it under criticism for its allegedly partisan attitude towards selected brands of car manufacturers. It issued the amendment broadly classifying
Published 01 Sep, 2004 12:00am
Car import duties rationalised: vehicles classified into five categories

Car import duties rationalised: vehicles classified into five categories

The Central Board of Revenue (CBR) on Tuesday revised its Customs General Order (CGO) No 6, which had brought it under criticism for its allegedly partisan attitude towards selected brands of car manufacturers. It issued the amendment broadly classifying
Published 01 Sep, 2004 12:00am
Shaukat for hassle-free business atmosphere

Shaukat for hassle-free business atmosphere

Prime Minister Shaukat Aziz on Tuesday told an Islamabad Chamber of Commerce and Industry (ICCI) delegation that his government would create hassle-free atmosphere for exporters and business community and it would not tolerate any lapse on the part of Cen
Published 01 Sep, 2004 12:00am