BR100 Decreased By (-0.08%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.2%)
AGHA 7.53 Decreased By ▼ -0.10 (-1.31%)
BECO 5.11 Decreased By ▼ -0.46 (-8.26%)
BML 58.30 Decreased By ▼ -1.44 (-2.41%)
BOP 34.58 Increased By ▲ 0.18 (0.52%)
CNERGY 13.68 Increased By ▲ 0.57 (4.35%)
CSIL 6.30 Decreased By ▼ -0.11 (-1.72%)
FCCL 57.55 Decreased By ▼ -0.51 (-0.88%)
FFL 16.50 Increased By ▲ 0.27 (1.66%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.36 Decreased By ▼ -0.07 (-0.94%)
KOSM 5.98 Decreased By ▼ -0.05 (-0.83%)
LOTCHEM 27.51 Decreased By ▼ -0.16 (-0.58%)
MLCF 101.93 Decreased By ▼ -0.82 (-0.8%)
NBP 203.29 Decreased By ▼ -1.77 (-0.86%)
NCPL 60.47 Increased By ▲ 0.84 (1.41%)
NPL 69.80 Increased By ▲ 1.24 (1.81%)
OGDC 318.48 Decreased By ▼ -0.44 (-0.14%)
PACE 11.12 Increased By ▲ 0.07 (0.63%)
PAEL 42.86 Decreased By ▼ -0.24 (-0.56%)
PIBTL 16.72 Increased By ▲ 0.09 (0.54%)
PPL 230.62 Increased By ▲ 1.17 (0.51%)
PRL 76.73 Increased By ▲ 5.93 (8.38%)
PTC 71.18 Increased By ▲ 0.18 (0.25%)
SSGC 27.10 Decreased By ▼ -0.31 (-1.13%)
TBL 10.28 Decreased By ▼ -0.03 (-0.29%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.59 Increased By ▲ 0.53 (2.3%)
TPLP 15.45 Decreased By ▼ -0.31 (-1.97%)
TREET 24.51 Decreased By ▼ -0.20 (-0.81%)
TRG 60.09 Decreased By ▼ -0.20 (-0.33%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Archive - 2011-01-18
Khosa meets Nawaz
Business & Finance

Khosa meets Nawaz

LAHORE: Governor Punjab Lateef Khosa held his first bilateral meeting with PML-N leader Nawaz Sharif today after assumin
Published 18 Jan, 2011 08:09am
ISLs IPO on the horizon
BR Research

ISLs IPO on the horizon

Amongst a handful of corporations aiming at going public this year, International Steels Limited (ISL) is making huge strides to get listed
Published 18 Jan, 2011 12:00am
The mockery of poverty reduction
BR Research

The mockery of poverty reduction

Ever wondered why nearly a quarter of Pakistans population lives below the poverty line of $1.25 a day? A cursory look at the Ministry of Fi
Published 18 Jan, 2011 12:00am
Pakistan Frail-ways
BR Research

Pakistan Frail-ways

As locomotives creek along the tracks throughout Pakistan, death looms close by. Once called the lifeline of the country, Pakistan Railways
Published 18 Jan, 2011 12:00am
One more day given to Tencho RPP

One more day given to Tencho RPP

The Supreme Court on Monday gave one more day to the Northern Power Generation Company Limited Techno Sahiwal to return the advance payment along with mark-up, it took in advance for producing electricity but could not initiated the project so far despite
Published 18 Jan, 2011 12:00am
One more day given to Tencho RPP

One more day given to Tencho RPP

The Supreme Court on Monday gave one more day to the Northern Power Generation Company Limited Techno Sahiwal to return the advance payment along with mark-up, it took in advance for producing electricity but could not initiated the project so far despite
Published 18 Jan, 2011 12:00am
ADP 2011-12 to be part of three-year MTDF: Kaira

ADP 2011-12 to be part of three-year MTDF: Kaira

Punjab Finance Minister Tanvir Ashraf Kaira has said that the Annual Development Programme (ADP) 2011-12 would be part of three-year Medium Term Development Framework (MTDF). He disclosed this in his opening remarks to kick-off the pre-budget general disc
Published 18 Jan, 2011 12:00am
LPG extraction: CCP wants new bidding after expiry of JJVL-SSGCL pact

LPG extraction: CCP wants new bidding after expiry of JJVL-SSGCL pact

Competition Commission of Pakistan (CCP) has decided to request the Lahore High Court to issue order against continuation of LPG extraction agreement inked between Jamshoro Joint Venture Limited (JJVL) and Sui Southern Gas Company Limited (SSGCL) after ex
Published 18 Jan, 2011 12:00am
De-weaponisation Bill: PML-N supports MQM's move in National Assembly

De-weaponisation Bill: PML-N supports MQM's move in National Assembly

Pakistan Muslim League-Nawaz (PML-N) on Monday favoured Muttahida Qaumi Movement (MQM) move pertaining to de-weaponisation of the country and urged the authorities to give a strong message to all the political stakeholders for restoring peace in Karachi.
Published 18 Jan, 2011 12:00am
Nawaz expresses concern over law, order situation in Karachi

Nawaz expresses concern over law, order situation in Karachi

PML (N) chief Nawaz Sharif has expressed his deep concern over the law and order situation in Karachi and termed it a conspiracy against the people of the country. He was addressing on the occasion of the 24th death anniversary of Shaheed Fazil Rahoo at R
Published 18 Jan, 2011 12:00am
Public sector enterprises: Dar stresses need for structural changes

Public sector enterprises: Dar stresses need for structural changes

Pakistan Muslim League-Nawaz (PML-N) leader Senator Ishaq Dar has stressed the need for structural changes in public sector enterprises to save wasteful expenditure of around Rs 250 billion. He was talking to a delegation headed by Director General for th
Published 18 Jan, 2011 12:00am
Karachi operation termed a farce

Karachi operation termed a farce

The Jamaat-e-Islami chief, Munawar Hasan, has said that Karachi operation was only a farce and it would worsen the situation instead of making any improvement. The current Karachi situation is the outcome of the mutual confrontation of the three ruling pa
Published 18 Jan, 2011 12:00am
Appointment case: LHC seeks reply from federal law secretary

Appointment case: LHC seeks reply from federal law secretary

The Lahore High Court here Monday sought reply from federal law secretary Pir Masood Chishti in a writ petition questioning his appointment. The petitioner Barrister Javed Iqbal Jaffrey contended that the government appointed Chishti on a two-year contrac
Published 18 Jan, 2011 12:00am
Hydel power augmentation: Irsa releases water from Tarbela dam on Indus

Hydel power augmentation: Irsa releases water from Tarbela dam on Indus

Indus River System Authority has increased water releases from Tarbela dam on river Indus to augment hydel power generation for meeting growing electricity needs of the country. A spokesman of Pakistan Electric Power Company (PEPCO) told Business Recor
Published 18 Jan, 2011 12:00am
National Assembly body recommends retaining education as federal subject

National Assembly body recommends retaining education as federal subject

The National Assembly's Standing Committee on Education has recommended retaining education as a federal subject for which it will submit its recommendations to the Parliamentary Committee on Constitutional Reforms. The committee, which met here on Monday
Published 18 Jan, 2011 12:00am
Ittefaq Group case: LHC adjourns proceedings to February 10

Ittefaq Group case: LHC adjourns proceedings to February 10

The Lahore High Court here Monday adjourned to February 10 the hearing of a petition filed by a consortium of banks for recovery of rupees three billion by winding up of three units of Ittefaq Group owned by PML-N leaders Sharif brothers. Earlier, a court
Published 18 Jan, 2011 12:00am
Government has no plan to amend blasphemy law: Prime Minister

Government has no plan to amend blasphemy law: Prime Minister

Prime Minister Yousuf Raza Gilani categorically said on Monday that the government has no plans to amend the blasphemy law. "Neither we had thought of it nor are we going to do it," he said while addressing a gathering of people at the AIOU office here af
Published 18 Jan, 2011 12:00am
Awan lauds lawyers' role for supremacy of constitution

Awan lauds lawyers' role for supremacy of constitution

Federal Minister for Law, Justice and Parliamentary Affairs Dr Babar Awan on Monday described the lawyers first line of defence for democracy as they always rendered sacrifices for supremacy of law and constitution. The minister expressed these views duri
Published 18 Jan, 2011 12:00am
Farmers' bodies reject tax on agriculture produce

Farmers' bodies reject tax on agriculture produce

Different growers' organisations have strongly criticised the government for levying 3.5 percent withholding tax on agriculture produce and urged the government to immediately withdraw the decision. Farmers Associates Pakistan (FAP) held a meeting of its
Published 18 Jan, 2011 12:00am
Disciplinary proceedings against judge dropped

Disciplinary proceedings against judge dropped

Chief Justice Lahore High Court (LHC), Justice Ijaz Ahmed Chaudhry here Monday dropped disciplinary proceedings against a first class civil judge and imposed minor penalties on two other judges. According to a notification issued by registrar LHC, the CJ
Published 18 Jan, 2011 12:00am
Khyber Pakhtunkhwa Assembly backs dual offices of Zardari

Khyber Pakhtunkhwa Assembly backs dual offices of Zardari

The provincial assembly of Khyber Pakhtunhwa unanimously passed a resolution to express confidence and trust in the President of the Islamic Republic of Pakistan and as co-chairman of Pakistan People's Party (PPP) and termed it essential for forging unity
Published 18 Jan, 2011 12:00am
Punjab government to provide wheat to exporters

Punjab government to provide wheat to exporters

Punjab government on Monday decided to provide wheat to exporters on the agreed prices to facilitate them in exporting the commodity. The decision to this effect was taken at a meeting held here on Monday with Senior Advisor to Chief Minister Punjab, Sird
Published 18 Jan, 2011 12:00am
Anti-measles campaign kicks off in Punjab

Anti-measles campaign kicks off in Punjab

The health department of Punjab on Monday launched 12-day preventive campaign against measles by administering injections to children here at Government Munshi Hospital. This campaign is being conducted in 11 different districts of the province during whi
Published 18 Jan, 2011 12:00am
Four clean drinking water supply schemes completed in Mohmand Agency

Four clean drinking water supply schemes completed in Mohmand Agency

To provide clean drinking water to the local communities, government has completed four clean drinking water supply schemes in Tehsil Pindiali, Tehsil Safi and Tehsil Khewezai of Mohmand Agency. These schemes would benefit thousands of locals in the area.
Published 18 Jan, 2011 12:00am
CFO Shell Royal Dutch Group meets minister

CFO Shell Royal Dutch Group meets minister

Chief Financial Officer (CFO) Shell Royal Dutch Group, Simon Henry called on Federal Minister of Petroleum and Natural Resources, Syed Naveed Qamar here on Monday, as part of his (Henry) visit to Pakistan and the Asia-Pacific region. Syed Naveed Qamar app
Published 18 Jan, 2011 12:00am
First-ever visit of Bulgarian foreign minister on January 19

First-ever visit of Bulgarian foreign minister on January 19

Bulgarian Foreign Minister Nickolay Mladenov will undertake his first-ever visit to Pakistan from January 19-21, 2011, said a statement issued by the foreign office, here on Monday. The foreign minister will hold talks with Foreign Minister, Makhdoom Shah
Published 18 Jan, 2011 12:00am
Environmental degradation a global issue: minister

Environmental degradation a global issue: minister

Federal Minister for Environment Hameed Ullah Jan Afridi has said that environmental degradation is a global issue, which needs immediate attention of international agencies. He stated this while talking to Ambassador of Italy in Pakistan Vincenzo Prati w
Published 18 Jan, 2011 12:00am
JJVL clarifies

JJVL clarifies

Jamshoro Joint Venture Limited (JJVL) has issued the following clarification in response to the news story "LPG extraction: National Assembly body to discuss SSGC-JJVL deal" which was published in yesterday's issue of this newspaper: JJVL, one of Pakistan
Published 18 Jan, 2011 12:00am
JJVL clarifies

JJVL clarifies

Jamshoro Joint Venture Limited (JJVL) has issued the following clarification in response to the news story "LPG extraction: National Assembly body to discuss SSGC-JJVL deal" which was published in yesterday's issue of this newspaper: JJVL, one of Pakistan
Published 18 Jan, 2011 12:00am
Terror bid foiled in Dera Murad Jamali

Terror bid foiled in Dera Murad Jamali

Levis Force on Monday foiled the terror attempt and recovered two-kilogram explosives from the Chunri area of Chattar. Official sources said that Levis personnel defused the explosives attached by the unknown men with power electricity tower. Levis has re
Published 18 Jan, 2011 12:00am
CCP takes notice of exclusive rights granted to Geo Super

CCP takes notice of exclusive rights granted to Geo Super

The Competition Commission of Pakistan (CCP) has taken notice of the exclusive rights granted by the Pakistan Electronic Media Regulatory Authority (PEMRA) to "Geo Super" to telecast all Cricket World Cup 2011 matches on cable and satellite under an exclu
Published 18 Jan, 2011 12:00am
Pakistan, UAE agree to consolidate ties

Pakistan, UAE agree to consolidate ties

President, Asif Ali Zardari and United Arab Emirates Prime Minister, Shaikh Muhammad Bin Rashid Al Maktoum met here on Monday and reaffirmed the resolve to further consolidate the deep-rooted brotherly relationship in the interest of people of both the co
Published 18 Jan, 2011 12:00am
Zardari, Hasina Wajid pledge to root out terrorism

Zardari, Hasina Wajid pledge to root out terrorism

President Asif Ali Zardari and Prime Minister of Bangladesh Sheikh Hasina Wajid on Monday underlined the need of defeating the mindset of militancy to root out terrorism. During their meeting here on the sidelines of World Future Energy Summit, President
Published 18 Jan, 2011 12:00am
King Abdullah Appreciation Award ceremony held

King Abdullah Appreciation Award ceremony held

King Abdullah Appreciation Award ceremony held on January 12, at Makli Gymkhana, Thatta. The awards distribution ceremony was arranged by King Abdullah Relief Campaign for Pakistani People-Kingdom of Saudi Arabia.
Published 18 Jan, 2011 12:00am
One killed another hurt in DMJ

One killed another hurt in DMJ

A motorcyclist was killed and another suffered injuries in Manjho Shori area of Roupa, Levis said on Monday. Armed burglars fired multiple shots at the victims after they offered resistance to the motor snatching bid.
Published 18 Jan, 2011 12:00am
Huge cache of weapons seized

Huge cache of weapons seized

The security personnel during routine checking seized huge cache of arms from the secret cavities of truck and arrested two suspected miscreants on Monday. The security forces, while carrying out routine checking at Tal Check post, recovered 190 Kalashnik
Published 18 Jan, 2011 12:00am
Shahbaz performs stone-laying ceremony of Safdar Medical College

Shahbaz performs stone-laying ceremony of Safdar Medical College

Punjab Chief Minister Mian Muhammad Shahbaz Sharif on Monday said that provision of quality education and improved health cover was top on the agenda of the government. Huge amount was invested during past two and half years in health sector for bringing
Published 18 Jan, 2011 12:00am
'Projects launched to check population growth'

'Projects launched to check population growth'

With a view to increasing accessibility of quality reproductive health services (RHS) including family-planning and to enhance understanding of adverse affects of rapid population growth, Punjab government in collaboration with UNFPA and other donors has
Published 18 Jan, 2011 12:00am
TI Pakistan conducting 'Report Card Study' on FTO office performance

TI Pakistan conducting 'Report Card Study' on FTO office performance

Transparency International Pakistan is conducting Citizen Feedback Survey 'Report Card Study' on the working of the office of Federal Tax Ombudsman. The Chairman of Transparency International Pakistan, Syed Adil Gilani told Business Recorder here o
Published 18 Jan, 2011 12:00am
NAB directs builders to complete housing projects on time

NAB directs builders to complete housing projects on time

The Chairman National Accountability Bureau (NAB) former Justice Syed Deedar Husain Shah has directed the builders to complete their housing schemes projects within time frame and neither to cross their project specification nor to annoy allottees by dela
Published 18 Jan, 2011 12:00am
NCEL, ISE hold a session for brokers and investors

NCEL, ISE hold a session for brokers and investors

In order to create awareness amongst the masses and to increase the level of participation in commodity trading, the National Commodity Exchange Limited (NCEL) in association with Islamabad Stock Exchange (ISE) held a session for the ISE Brokers and inves
Published 18 Jan, 2011 12:00am
BHC grants bail to Shahzain Bugti, others

BHC grants bail to Shahzain Bugti, others

The Balochistan High Court (BHC) Monday granted bail to Jamhoori Watan Party Provincial President, Shahzain Bugti and his 26 accomplices. A single bench of the Balochistan High Court comprising Justice Noor Muhammad Miskanzai had reserved it judgement on
Published 18 Jan, 2011 12:00am
Conference on 'Role of Independent Director' on January 19

Conference on 'Role of Independent Director' on January 19

Pakistan Institute of Corporate Governance (PICG), in collaboration with Pakistan Business Council (PBC) is organizing a conference on 'Role of Independent Director' to be held here on Wednesday. According to a press release, the conference has an objecti
Published 18 Jan, 2011 12:00am
$2 billion UN grant approved for sewage treatment plants in Pakistan

$2 billion UN grant approved for sewage treatment plants in Pakistan

National Water Engineering (NWE), the only sewage/wastewater treatment plants' accredited technology provider in Pakistan, has announced that through the UN Kyoto Protocol Act, the company has lined up foreign environmental investment companies who are wi
Published 18 Jan, 2011 12:00am
Professionals Group wins ICMAP Lahore elections

Professionals Group wins ICMAP Lahore elections

The Election of Lahore Branch Council of Institute of Cost Management and Accountants of Pakistan (ICMAP) for year 2011 was held wherein the Professionals Group was elected. According to results, Aamir Ijaz Khan was elected as chairman while Abid Lateef L
Published 18 Jan, 2011 12:00am
Government urged to review 'national labour legislation'

Government urged to review 'national labour legislation'

Pakistan Workers Federation (PWF) has urged the government to review national labour legislation and bring it in conformity with the fundamental rights enshrined in Article 17/A of the constitution of Pakistan and International Labour Organisation (ILO).
Published 18 Jan, 2011 12:00am
Ahmad Medix's services appreciated

Ahmad Medix's services appreciated

By manufacturing and exporting state-of-the-art Mobile Clinics and Mobile Health Care Units, Rescue Vehicles, Disaster Management Vans; Ahmad Medix (Life Care) is not only doing a great national service but also earning much needed foreign exchange for th
Published 18 Jan, 2011 12:00am
Blasphemy law: rally against controversial reform taken out

Blasphemy law: rally against controversial reform taken out

Tehaffuz-e-Namoos-Risalat Mahaz took out a protest rally on Monday against the controversial reform of a blasphemy law. The rally started from Data Darbar and through Mall Road reached outside Governor's House where they staged a demonstration.
Published 18 Jan, 2011 12:00am
Hearing in Jamaat-ud-Dawa chief's petition adjourned

Hearing in Jamaat-ud-Dawa chief's petition adjourned

Jutice Nasir Saeed Sheikh of the Lahore High Court here on Monday adjourned the hearing of a writ petition filed by Jamaat-ud-Dawa chief Muhammad Saeed, as his counsel requested to transfer the petition to Chief Justice Ijaz Ahmad Chaudhry because he had
Published 18 Jan, 2011 12:00am
'Hydropower projects offer excellent investment opportunities'

'Hydropower projects offer excellent investment opportunities'

WAPDA Chairman Shakil Durrani has said that hydropower projects in Pakistan provide excellent opportunities for investment due to their high economic rate of return. He expressed these views while talking to a delegation of Turkish investors, visited WAPD
Published 18 Jan, 2011 12:00am
Yousaf Khokhar assumes charge of SMEDA CEO

Yousaf Khokhar assumes charge of SMEDA CEO

Yousaf Naseem Khokhar, a senior civil officer of Grade 20 from District Management Group (DMG) has assumed the charge as new Chief Executive Officer of the Small and Medium Enterprises Development Authority (SMEDA). Earlier he was serving as Principal Sta
Published 18 Jan, 2011 12:00am
Land acquisition: PAC expresses resentment over CDA's inefficiency

Land acquisition: PAC expresses resentment over CDA's inefficiency

National Assembly's Public Accounts Committee expressed resentment over systemic failure on the part of Capital Development Authority (CDA), which gave room to land mafia to claim double awards of billions of rupee from the authority. Chairman CDA, Imtiaz
Published 18 Jan, 2011 12:00am
Saarc business leaders' conclave in Dhaka on 30th April

Saarc business leaders' conclave in Dhaka on 30th April

The Leaders of the South Asian Business Community have decided to convene the 4th SAARC Business Leaders Conclave on April 30, 2010 at Dhaka, Bangladesh which will be organised by SAARC Chamber of Commerce & Industry in collaboration with the Federation o
Published 18 Jan, 2011 12:00am
IT Ordinance Section 21(1): PSMA urges FBR to exempt sugarcane purchases

IT Ordinance Section 21(1): PSMA urges FBR to exempt sugarcane purchases

The Pakistan Sugar Mills Association (PSMA) has urged the Federal Board of Revenue (FBR) to exempt sugarcane purchases from the provisions of section 21(1) of the Income Tax Ordinance (ITO) because most of the sugarcane growers are uneducated and are unab
Published 18 Jan, 2011 12:00am
HBL launches 'Al Ziarat Account'

HBL launches 'Al Ziarat Account'

Habib Bank Limited on Monday launched 'HBL Al-Ziarat Account' as Haj & Umrah saving plan. The product is based on the concept of Modaraba and under the scheme, bank will provide Takaful also. At the launching ceremony, HBL President Zakir Mehmood said tha
Published 18 Jan, 2011 12:00am
Mueen Batlay made new member of CCP

Mueen Batlay made new member of CCP

The federal government has reappointed Rahat Kaunain Hassan, Abdul Ghaffar and Dr Joseph Wilson as Members of the Competition Commission of Pakistan and appointed Mueen Batlay as a new Member of the Commission. According to a notification issued by the Fi
Published 18 Jan, 2011 12:00am
MQM-H activist gunned down

MQM-H activist gunned down

Despite tall claims of Federal Interior Minister Rehman Malik for taking stern measures to stop targeted killings in the metropolis, an activist of Mohajir Qaumi Movement (MQM-H) on Monday gunned down within the limits of Brigade police station.
Published 18 Jan, 2011 12:00am
330 people held for violation of pillion riding ban

330 people held for violation of pillion riding ban

The pillion riding ban, which was clamped down on Sunday night with the aim to contain target killings, has become lucrative source of income for law enforcers, as over 330 citizens were detained for its violation on Monday. Citizens have expressed resent
Published 18 Jan, 2011 12:00am
Haroon elected president of PACC

Haroon elected president of PACC

Professor Haroon Rashid, Amin Jibrail, Makhdoom Riaz and Najmuddin Shaikh have been elected as President, Senior Vice-President, Vice-President and Treasurer of PACC respectively. Others have been elected as member of governing body includes M Arshad Sidd
Published 18 Jan, 2011 12:00am
Check posts in Islamabad: IGP asked to beef up security

Check posts in Islamabad: IGP asked to beef up security

Inspector General Police Islamabad has been directed by Ministry of Interior to beef up security at all police check posts located in federal capital especially at main entry points. According to sources, IG Islamabad received complaints against deploymen
Published 18 Jan, 2011 12:00am
Economic strategy: strong consensus need of this hour

Economic strategy: strong consensus need of this hour

The Prime Minister's decision to call a meeting of Council of Common Interest was announced in the aftermath of his meeting with the Punjab Chief Minister Shahbaz Sharif, who reportedly expressed serious concerns over the massive gas shortage in the provi
Published 18 Jan, 2011 12:00am
Madrassah reforms making no headway

Madrassah reforms making no headway

A press report points out that the madrassah reform programme the Musharraf government had launched back in 2002 is getting nowhere. Far from taking meaningful steps in that direction, the government has not even started a proper registration campaign.
Published 18 Jan, 2011 12:00am
Is a war likely in 2011?

Is a war likely in 2011?

While the mounting economic chaos in Pakistan may trigger a change in 2011 even though its US-backed coalition dreads that possibility, things may nosedive in the neighbourhood. Western media (that foretell conflicts) predict a major war in the Middle Eas
Published 18 Jan, 2011 12:00am
New efforts to tackle Cambodia's rising road death toll

New efforts to tackle Cambodia's rising road death toll

A decade ago the main roads linking Cambodia's towns and cities were in such poor condition that four-wheel drive vehicles were lucky to average 30 kilometres an hour. Today, thanks to reconstruction efforts, they can zip along four times as fast, narrowl
Published 18 Jan, 2011 12:00am
A favour to the nation

A favour to the nation

There are no two opinions that progress and prosperity is the fruit of democracy and a big majority of the countries on the globe are today reaping this fruit and making their presence felt by all, but unfortunately Pakistan, despite having a democracy is
Published 18 Jan, 2011 12:00am
Gold steadies in European trade

Gold steadies in European trade

Gold held at around $1,360 an ounce on Monday, stabilising after posting a second successive weekly fall last week, as a stronger dollar tempered some of the gains made from consumer demand for bullion. The gold price has retreated by more than 4 percent
Published 18 Jan, 2011 12:00am
Gold rebounds in Asia

Gold rebounds in Asia

Gold rebounded slightly on Monday from a fall of one percent in the previous session, shrugging off China's tightening move on Friday, as physical buying continued to buoy prices. China's central bank raised lenders' required reserves on Friday for the fo
Published 18 Jan, 2011 12:00am
Copper little changed

Copper little changed

Copper was little changed on Monday, supported by equity markets in Europe but constrained by a stronger dollar and concerns that top metals consumer China will step up its fight against inflation and crimp demand. Benchmark copper on the London Metal Exc
Published 18 Jan, 2011 12:00am
Shanghai copper down

Shanghai copper down

London copper prices fell on Monday, reversing early gains under the influence of a firming dollar, dragging Shanghai lower, on worries in foreign exchange markets about Europe's response to the eurozone debt crisis. "The turn in the dollar has stopped co
Published 18 Jan, 2011 12:00am
Tokyo rubber futures hit record high on supply concerns

Tokyo rubber futures hit record high on supply concerns

Key Tokyo rubber futures rose to a record peak on Monday, with traders expecting further gains on mounting concerns over supply tightness when demand remains solid in emerging countries. The benchmark rubber contract on the Tokyo Commodity Exchange for Ju
Published 18 Jan, 2011 12:00am
Oil slips as dollar rises, Alaska pipeline restarts

Oil slips as dollar rises, Alaska pipeline restarts

Oil slipped on Monday after the dollar strengthened and a major Alaskan oil pipeline resumed full operations after more than a week, while an Opec report said the market remained well supplied.
Published 18 Jan, 2011 12:00am
Liffe cocoa slightly lower, EU sanctions eyed

Liffe cocoa slightly lower, EU sanctions eyed

Cocoa futures on Liffe ended slightly lower on Monday as cocoa flowed out of West Africa, while dealers noted uncertainty about the impact on supplies of European Union sanctions against top grower Ivory Coast. Robusta coffee futures edged up, with the ma
Published 18 Jan, 2011 12:00am
Malaysian palm oil off one-month lows

Malaysian palm oil off one-month lows

Malaysian palm oil ended off one-month lows hit earlier on Monday as investors were worried that prices had overcooked the strong fundamentals in recent weeks. Palm oil rallied in recent weeks, driven by concerns that heavy rains have curbed Malaysian and
Published 18 Jan, 2011 12:00am
Indo-Sino wins Bangladesh rice deal

Indo-Sino wins Bangladesh rice deal

Singapore-based Indo-Sino Trade Pte Limited has secured a tender to supply 50,000 tonnes of white rice to Bangladesh at $459.22 a tonne, including C&F liner out, a food official said on Monday. The state grains importer issued the tender late last month a
Published 18 Jan, 2011 12:00am
Australia's wheat exports seen rising

Australia's wheat exports seen rising

Australia's wheat exports are expected to recover following a 44 percent dip in November blamed on late plantings, excessive rain in the east and dry weather in Western Australia, traders said on Monday. "There's still strong demand for milling wheat so w
Published 18 Jan, 2011 12:00am
Ahmadinejad, Medvedev agree to boost ties

Ahmadinejad, Medvedev agree to boost ties

President Mahmoud Ahmadinejad and his Russian counterpart Dmitry Medvedev agreed to boost ties between their countries, in a telephone conversation, state media reported on Monday. The call came after Russia snubbed Iran's invitation to visit two atomic s
Published 18 Jan, 2011 12:00am
Grenade at Croatian embassy

Grenade at Croatian embassy

Berlin police on Monday recovered a grenade in a parcel delivered to the Croatian embassy, two days before the country's president was to visit the German capital. "Police units are at the scene," the spokesman told AFP. "It (the grenade) has been removed
Published 18 Jan, 2011 12:00am
UN atomic expert downplays China nuclear 'breakthrough'

UN atomic expert downplays China nuclear 'breakthrough'

China has become one of only a handful of countries that can reprocess spent nuclear fuel but is not yet capable of doing so on an industrial scale, a UN atomic expert said Monday. Earlier this month, the China National Nuclear Corporation said it had ach
Published 18 Jan, 2011 12:00am
Palestinian resolution on Israel to be put to UN council

Palestinian resolution on Israel to be put to UN council

Arab nations will formally put a resolution to the UN Security Council on Tuesday demanding a condemnation of Israel's settlement building in Palestinian territories, envoys said. But no vote is expected for several days as Palestinian and other Arab nego
Published 18 Jan, 2011 12:00am
UN chief urges Israeli settlement freeze

UN chief urges Israeli settlement freeze

UN chief Ban Ki-moon on Monday urged Israel to "freeze" settlement activities in the occupied Palestinian territories, including east Jerusalem. "I continue to call on Israel to lift the unacceptable conditions in Gaza and to freeze settlement activities
Published 18 Jan, 2011 12:00am
Kuwaiti ruler grants $4 billion, free food to citizens

Kuwaiti ruler grants $4 billion, free food to citizens

Kuwait's Emir Sheikh Sabah al-Ahmad al-Sabah on Monday ordered the distribution of $4 billion and free food for 14 months to citizens as the oil-rich emirate prepares to mark national occasions. Each of the 1.12 million native citizens will get 1,000 dina
Published 18 Jan, 2011 12:00am
China and US sign $600 million deals in Texas

China and US sign $600 million deals in Texas

Chinese and US businesses signed deals worth $600 million in Texas on Monday, state media reported, a day ahead of President Hu Jintao's crucial state visit to Washington. The six agreements were signed during a visit to the oil-rich state by a delegation
Published 18 Jan, 2011 12:00am
Sri Lankan flood victims storm government office over aid

Sri Lankan flood victims storm government office over aid

Hundreds of Sri Lankan flood victims stormed a government office in one of the hardest-hit areas on Monday to demand that aid be distributed, police said. Heavy monsoon rains caused flooding across the island nation last week, killing at least 40 people,
Published 18 Jan, 2011 12:00am
Lebanon in crisis as indictment filed for Hariri murder

Lebanon in crisis as indictment filed for Hariri murder

The prosecutor of the Special Tribunal for Lebanon filed his indictment Monday for the 2005 murder of premier Rafiq Hariri as Beirut's neighbours backed renewed mediation to calm rising tensions. Prosecutor Daniel Bellemare submitted his long-awaited indi
Published 18 Jan, 2011 12:00am
Hariri told UN investigator Syria killed father

Hariri told UN investigator Syria killed father

Lebanon's caretaker Prime Minister Saad Hariri informed a UN commission Syria was behind his father's killing, according to a leaked recording of a 2007 meeting between Hariri and an investigator probing the case. In the audio-tape, aired late Sunday on L
Published 18 Jan, 2011 12:00am
Observers approve south Sudan vote

Observers approve south Sudan vote

International observers gave south Sudan's independence referendum their seal of approval on Monday and said a vote for secession was now "virtually certain" in their first official judgement on the poll. Early results from last week's plebiscite suggest
Published 18 Jan, 2011 12:00am
Turkey allowed US 'extraordinary rendition'

Turkey allowed US 'extraordinary rendition'

The US secret services used Turkey as a base to transport "terrorism" suspects as part of its extraordinary rendition programme, German daily Die Welt reported Monday citing a WikiLeaks cable. Some 24 CIA flights landed at Incirlik airport in southern Tur
Published 18 Jan, 2011 12:00am
40 dead, missing in South African floods

40 dead, missing in South African floods

Floods have killed or left missing at least 40 people in South Africa and wrecked thousands of homes in neighbouring Mozambique, officials said on Monday. Heavy rains from late December through most of January have unleashed floods in the two countries. T
Published 18 Jan, 2011 12:00am
Barak breaks away from Labour party

Barak breaks away from Labour party

Israeli Defence Minister Ehud Barak broke away from his centre-left Labour Party on Monday in a move Prime Minister Benjamin Netanyahu said made his government stronger and more stable. Barak will remain as defence chief in the right-leaning government, w
Published 18 Jan, 2011 12:00am
Misery for Misbah, final Test evenly poised

Misery for Misbah, final Test evenly poised

Pakistan skipper Misbah ul-Haq fell agonisingly short of a century when he was trapped lbw on 99 as New Zealand clawed their way back into the second Test on Monday. Pakistan were all out for 376 in reply to the Black Caps' 356, leaving the Test evenly po
Published 18 Jan, 2011 12:00am
I'm back, says Sania

I'm back, says Sania

Former world number 27 Sania Mirza boldly declared she was back to her best after giving seven-time major-winner Justine Henin a scare in the Australian Open's first round on Monday. Mirza, currently ranked 145th after battling injury in recent seasons, s
Published 18 Jan, 2011 12:00am
India pick proven stars for World Cup

India pick proven stars for World Cup

India on Monday selected a tried and trusted combination for the cricket World Cup despite injury worries over key players, including batting superstar Sachin Tendulkar. Tendulkar, 37, the world's leading Test and one-day batsman, pulled out of the ongoin
Published 18 Jan, 2011 12:00am
Federer, Djokovic and Venus dazzle at Open

Federer, Djokovic and Venus dazzle at Open

Defending champion Roger Federer and Novak Djokovic were in domineering form with straight-set victories on the opening day of the Australian Open on Monday as Venus Williams outshone her rivals on day one. Federer was in sublime touch as he launched his
Published 18 Jan, 2011 12:00am
The palm oil advantage in biofuel

The palm oil advantage in biofuel

THE high prices of petroleum have stimulated the rapid development of the biofuel industry in the European Union, United States and to some extent in Malaysia. Biofuel offers strategic advantages for different sectors and stakeholders. For the Malaysian p
Published 18 Jan, 2011 12:00am
Retailer Food Safety Program: a CSR initiative of EBM

Retailer Food Safety Program: a CSR initiative of EBM

English Biscuit Manufacturers Private Limited (EBM) is a company with an uncompromising commitment to provide healthy, wholesome, nutritious and hygienically packed safe food to its customers. This commitment has been an integral part of the company since
Published 18 Jan, 2011 12:00am
Sterling hits eight-week high

Sterling hits eight-week high

Sterling rallied to an eight-week high against the dollar and jumped versus the euro on Monday on speculation that rising inflation could prompt the Bank of England to raise interest rates, possibly as soon as May. The pound also benefited against a broad
Published 18 Jan, 2011 12:00am
Yuan ends down

Yuan ends down

The yuan ended down against the dollar on Monday after the mid-point barely budged, underscoring the central bank's intention to keep the yuan stable in the near term after it raised lender's reserve requirements. The PBOC set the mid-point only one pip w
Published 18 Jan, 2011 12:00am
Australian dollar slips

Australian dollar slips

The Australian dollar grinded lower on Monday on concerns that monetary tightening across Asia could slow economies in the region and hurt demand for Australian commodity exports. The Australian dollar retreated for the third day in the row to $0.9865, fr
Published 18 Jan, 2011 12:00am
Rupiah, peso down on fund outflow worries

Rupiah, peso down on fund outflow worries

The Indonesian rupiah and the Philippine peso fell against the dollar on Monday, leading a broad decline in Asian currencies on worries that mounting inflation may prompt more aggressive policy tightening and spark major outflows of foreign funds.
Published 18 Jan, 2011 12:00am
Indian rupee off one-month low

Indian rupee off one-month low

The Indian rupee bounced off a one-month low on Monday as exporters stepped up dollar sales to take advantage of the sharp decline in the local unit, but sharp gains in the dollar versus majors continued to weigh. The partially convertible rupee closed at
Published 18 Jan, 2011 12:00am
Swiss franc up

Swiss franc up

The Swiss franc rose against the euro on Monday as the single currency came off Friday's four-week high on uncertainty ahead of a meeting of eurozone finance ministers to discuss a bigger debt safety net. The franc rose 0.5 percent against the euro compar
Published 18 Jan, 2011 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 71.05/71.05 (previous 71.05/71.05). Call Money Rates: 8.00-15.00 percent (previous 8.00-15.00 percent).
Published 18 Jan, 2011 12:00am
Euro falls broadly in London trade

Euro falls broadly in London trade

The euro fell broadly on Monday as hopes for an immediate increase in the eurozone's bailout fund faded and investors reassessed a recent rise in European Central Bank interest rate expectations. Uncertainty about whether Germany would support an increase
Published 18 Jan, 2011 12:00am
Euro hovers below peak in Asia

Euro hovers below peak in Asia

The euro hovered below a one-month high on Monday, with market players saying clearer signs of progress on the eurozone's sovereign safety net are needed for the currency to make significant gains. Traders suspect a large portion of the bets against the e
Published 18 Jan, 2011 12:00am
Euro interbank rates extend rise

Euro interbank rates extend rise

Benchmark euro-priced interbank rates extended their rise on Monday as the market reassessed how soon the European Central Bank was likely to start hiking interest rates in light of hawkish comments on eurozone inflation. ECB President Jean-Claude Trichet
Published 18 Jan, 2011 12:00am
FTSE falls as weak banks

FTSE falls as weak banks

Britain's top share index fell on Monday, with declines from miners and banks offsetting a lift from merger and acquisition moves, as finance ministers were gathering to discuss changes to the eurozone's rescue fund. Smiths grabbed top spot on the blue ch
Published 18 Jan, 2011 12:00am
Australian shares fall

Australian shares fall

Australian stocks fell 0.8 percent on Monday after the government said floods that damaged vast areas of the eastern seaboard were set to be the country's costliest natural disaster. The benchmark S&P/ASX 200 index lost 38.4 points to close at 4,763.1, ac
Published 18 Jan, 2011 12:00am
Taiwan stocks down

Taiwan stocks down

Taiwan's main TAIEX share index closed 0.53 percent lower on Monday, as investors sold transport and property shares on expected loss in December at a major airline and the government's plan to re-impose a tax on undeveloped land. The banking sector also
Published 18 Jan, 2011 12:00am
Sri Lanka shares down

Sri Lanka shares down

Sri Lanka's bourse edged down on Monday for the first time in 13 sessions amid retail profit-taking, while the rupee edged down on importer dollar demand. The island's main share index closed 0.35 percent or 24.54 points weaker at 7,008.06. It has been As
Published 18 Jan, 2011 12:00am
Middle East markets: Egypt shares tumble

Middle East markets: Egypt shares tumble

Egypt's index made its largest drop in seven months on Monday on fears that protests which unseated Tunisia's leader might spread to other Arab states. Cairo's benchmark fell 2.4 percent, its largest decline since June 22 as other Middle East indexes also
Published 18 Jan, 2011 12:00am
Indian shares gain

Indian shares gain

Indian shares edged 0.1 percent higher on Monday, helped by gains in software majors, but Anil Ambani group companies declined after two group firms agreed with the market regulator to not invest in stocks until December 2012. Software majors rebounded fr
Published 18 Jan, 2011 12:00am
Seoul shares down

Seoul shares down

Seoul shares ended 0.4 percent lower on Monday as gains in construction issues and shipyards were outweighed by declines in steelmakers and crude refiners including POSCO and SK Innovation. The Korea Composite Stock Price Index (KOSPI) ended down 0.39 per
Published 18 Jan, 2011 12:00am
European shares edge up

European shares edge up

European shares edged up on Monday, with gains in healthcare stocks just offsetting weak banks in cautious trade ahead of a meeting of finance ministers to discuss changes to eurozone's rescue fund. The pan-European FTSEurofirst 300 index of top shares cl
Published 18 Jan, 2011 12:00am
US markets closed

US markets closed

US financial, stocks and commodity markets were closed on Monday, January 17, for the Martin Luther King Jr. holiday. Trading will resume on Tuesday.
Published 18 Jan, 2011 12:00am
Nikkei pares gains

Nikkei pares gains

Japan's Nikkei average gave up gains on Monday as investors snapped up profits on recent climbers, prompted by a slump in Chinese equities after China raised reserve requirements for banks. But a positive mood largely remained intact as stronger than expe
Published 18 Jan, 2011 12:00am
Chinese and Hong Kong shares slide

Chinese and Hong Kong shares slide

Chinese shares fell 3 percent on Monday, testing a strong near-term chart support level, after a rise in lenders' reserve requirements and talk of a property tax in Shanghai kept bank and developer stocks under pressure. China's key stock index extended l
Published 18 Jan, 2011 12:00am
Major Southeast Asian bourses fall

Major Southeast Asian bourses fall

Major Southeast Asian stock markets fell in thin volume on Monday, led by financials, plagued by China's latest attempt to contain inflation that added to caution about monetary tightening in the region. Many investors were happy to stay on the sidelines
Published 18 Jan, 2011 12:00am
Swiss whistleblower hands bank data to WikiLeaks

Swiss whistleblower hands bank data to WikiLeaks

A former Swiss private banker handed over data on hundreds of offshore bank account holders to WikiLeaks founder Julian Assange on Monday, saying he wanted to draw attention to financial abuses. Rudolf Elmer, 55, headed the office of Julius Baer in the Ca
Published 18 Jan, 2011 12:00am
Big bank bonuses not 'done deal': Cameron

Big bank bonuses not 'done deal': Cameron

British Prime Minister David Cameron said on Monday that he was still talking to banks about their bonuses and that big payouts at state-backed lenders were not a "done deal". Asked about reports of a 2.5 million pound ($4 million) payout for Royal Bank o
Published 18 Jan, 2011 12:00am
China property prices higher

China property prices higher

Property prices in China's major cities posted their fourth straight month-on-month rise in December and sales picked up pace, data showed Monday, despite official efforts to cool the market. Prices in 70 major cities were up 0.3 percent last month from N
Published 18 Jan, 2011 12:00am
Price protests hit India as cabinet reshuffle looms

Price protests hit India as cabinet reshuffle looms

Thousands of supporters of a key party in India's ruling coalition marched through the eastern city of Kolkata on Monday to denounce double-digit food inflation, the latest sign of unease among the government's partners before critical state elections.
Published 18 Jan, 2011 12:00am
BP wins right to explore in Australia

BP wins right to explore in Australia

Australia on Monday gave BP permission to explore for oil and gas off its south coast, saying the company had agreed to integrate lessons learned from the Gulf of Mexico spill in its operations. The troubled energy giant was among a group of companies awa
Published 18 Jan, 2011 12:00am
10,000th sale lifts Airbus past Boeing in 2010

10,000th sale lifts Airbus past Boeing in 2010

European planemaker Airbus celebrated a surprise win in the annual orders race against Boeing with the 10,000th plane sale in its 40-year history, part of a $5 billion order from Virgin America. A last-minute surge pushed Airbus past its US rival for a th
Published 18 Jan, 2011 12:00am
Australia says economic cost of floods to top other disasters

Australia says economic cost of floods to top other disasters

Floods devastating huge areas of Australia's eastern seaboard, including the nation's third-largest city, look set to be the costliest natural disaster ever in a country known for climatic extremes, Treasurer Wayne Swan said on Monday.
Published 18 Jan, 2011 12:00am
Eurozone ministers call on to increase rescue fund

Eurozone ministers call on to increase rescue fund

Eurozone finance ministers called on Monday for an increase in the effective lending capacity of the currency bloc's rescue fund, but EU paymaster Germany said there was no urgency and it would be March before a firm plan was in place. Growing realisation
Published 18 Jan, 2011 12:00am
Canada to clamp down on mortgages, eyes housing

Canada to clamp down on mortgages, eyes housing

Canada will tighten its mortgage rules and reduce support for lines of credit secured by homes in a bid to prevent the housing market from overheating, Finance Minister Jim Flaherty said on Monday. Flaherty, who said interest rates were bound to go up, sa
Published 18 Jan, 2011 12:00am
Opec holds line on output as oil rally alarms West

Opec holds line on output as oil rally alarms West

Opec signalled on Monday it would not boost oil output even as prices approached $100 per barrel and as the group forecast higher global demand for its oil in 2011. The reluctance of the Organisation of the Petroleum Exporting Countries to add supplies is
Published 18 Jan, 2011 12:00am
North Korea to set up new trade zone for China

North Korea to set up new trade zone for China

North Korea has worked out a special law to set up another free trade zone on a river island on its western border with China, a report said Monday. The law will be made public when China completes negotiations on its investment in the zone on the Yalu Ri
Published 18 Jan, 2011 12:00am
Argentina's farmers freeze grain sales in protest

Argentina's farmers freeze grain sales in protest

Argentine farmers halted sales of wheat, corn and soya on Monday as they went on strike over export curbs, rekindling a dispute that helped drive global grains prices to record highs three years ago. The seven-day protest by growers in the South American
Published 18 Jan, 2011 12:00am
Russian grain prices rise after holidays

Russian grain prices rise after holidays

Russian grain prices rose in the first working week after long new year holidays in most regions except Siberia where there was a price correction, analysts said on Monday. Prices have strengthened in the European part of Russia last week in spite of the
Published 18 Jan, 2011 12:00am
China's oil demand to grow at slower pace in 2011

China's oil demand to grow at slower pace in 2011

China's total apparent oil demand will likely rise 6.2 percent this year to about 9.66 million barrels per day, slowing from 11.4-percent growth last year, a CNPC research arm has forecast. The slower pace of growth in the world's second-largest oil user,
Published 18 Jan, 2011 12:00am
Algeria buys at least 600,000 tonnes of wheat

Algeria buys at least 600,000 tonnes of wheat

Algeria's state grains agency OAIC bought at the end of last week at least 600,000 tonnes of wheat in a move seen as an attempt to boost supply amid unrest linked to rising food prices, European traders said on Monday. Algeria has seen violent demonstrati
Published 18 Jan, 2011 12:00am
Ivorian cocoa arrivals seen at 744,000 tonnes

Ivorian cocoa arrivals seen at 744,000 tonnes

Cocoa arrivals at ports in top grower Ivory Coast reached around 744,000 tonnes by January 16, exporters estimated on Monday, compared with 726,485 tonnes in the same period of the previous season. Exporters estimated around 60,000 tonnes of beans were de
Published 18 Jan, 2011 12:00am
Karachi Port's activities

Karachi Port's activities

The Karachi Port handled 276,536 tonnes of cargo including 189,712 tonnes of import cargo, 86,824 tonnes of export cargo, 7,039 loaded and empty containers during last 48 hours ended at 0700 hours on Monday. The total import cargo of 189,712 tonnes compri
Published 18 Jan, 2011 12:00am
Dry wind, no rain in Ivorian cocoa regions: farmers

Dry wind, no rain in Ivorian cocoa regions: farmers

Virtually no rain fell in Ivory Coast's cocoa growing regions last week, as the dusty Harmattan wind blew south with more strength than last season, raising fears of damage to the main crop, farmers said on Monday. Ivory Coast is in the dry season, when f
Published 18 Jan, 2011 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 18 Jan, 2011 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 18 Jan, 2011 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (January 17, 2011).

Published 18 Jan, 2011 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (January 17, 2011).

Published 18 Jan, 2011 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (January 17, 2011).

Published 18 Jan, 2011 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (January 17, 2011).

Published 18 Jan, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (January 17, 2011).
Published 18 Jan, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (January 17, 2011).

Published 18 Jan, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (January 17, 2011).

Published 18 Jan, 2011 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (January 17, 2011).
Published 18 Jan, 2011 12:00am
Karzai to visit Moscow

Karzai to visit Moscow

Afghanistan President Hamid Karzai will travel to Russia this week to bolster relations with his nation's former enemy, the government announced Monday. During the two-day trip, being made at the invitation of Russia President Dmitry Medvedev, the two lea
Published 18 Jan, 2011 12:00am
Karzai to visit Moscow

Karzai to visit Moscow

Afghanistan President Hamid Karzai will travel to Russia this week to bolster relations with his nation's former enemy, the government announced Monday. During the two-day trip, being made at the invitation of Russia President Dmitry Medvedev, the two lea
Published 18 Jan, 2011 12:00am
Developing nations attract most investment in 2010

Developing nations attract most investment in 2010

Developing countries and economies in transition together attracted more foreign investment than developed countries in 2010 for the first time, a United Nations study showed on Monday. The report by the United Nations Conference on Trade and Development
Published 18 Jan, 2011 12:00am
Developing nations attract most investment in 2010

Developing nations attract most investment in 2010

Developing countries and economies in transition together attracted more foreign investment than developed countries in 2010 for the first time, a United Nations study showed on Monday. The report by the United Nations Conference on Trade and Development
Published 18 Jan, 2011 12:00am
Developing nations attract most investment in 2010

Developing nations attract most investment in 2010

Developing countries and economies in transition together attracted more foreign investment than developed countries in 2010 for the first time, a United Nations study showed on Monday. The report by the United Nations Conference on Trade and Development
Published 18 Jan, 2011 12:00am
Petrosin clarification

Petrosin clarification

Apropos a news item carried by Business Recorder on January 08, 2011, Petrosin has clarified: "We refer to publication of Daily Business Recorder dated January 08, 2011 and we are surprised and dismayed that a publication of your standard an
Published 18 Jan, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Jan, 2011 12:00am
Petrosin clarification

Petrosin clarification

Apropos a news item carried by Business Recorder on January 08, 2011, Petrosin has clarified: "We refer to publication of Daily Business Recorder dated January 08, 2011 and we are surprised and dismayed that a publication of your standard an
Published 18 Jan, 2011 12:00am
Petrosin clarification

Petrosin clarification

Apropos a news item carried by Business Recorder on January 08, 2011, Petrosin has clarified: "We refer to publication of Daily Business Recorder dated January 08, 2011 and we are surprised and dismayed that a publication of your standard an
Published 18 Jan, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 18 Jan, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Jan, 2011 12:00am
Previous Day