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Archive - 2011-12-27
FDI will match record in Chile
Top News

FDI will match record in Chile

SANTIAGO: Foreign direct investment in Chile will reach record highs in 2012, as a gloomy European economic outlook will
Published 27 Dec, 2011 05:30pm
Lenders freeze $1bn Petroplus credit
Top News

Lenders freeze $1bn Petroplus credit

GENEVA: Europe's largest independent oil refiner Petroplus said on Tuesday that lenders had frozen about $1 billion (765
Published 27 Dec, 2011 02:50pm
Strength of Saudi growth surprising
Top News

Strength of Saudi growth surprising

DUBAI: Saudi Arabia's strong economic growth this year was a positive surprise, Finance Minister Ibrahim Alassaf said on
Published 27 Dec, 2011 11:35am
Gilani pays respects at BB's mausoleum
Top News

Gilani pays respects at BB's mausoleum

GARHI KHUDA BUX: Prime Minister Syed Yusuf Raza Gilani Tuesday visited the mausoleum of Mohtarma Benazir Bhutto to offer
Published 27 Dec, 2011 09:30am
KSE mid day update
Top News

KSE mid day update

RECORDER REPORT KARACHI: On Tuesday, until 1:00 P.M., the five Top Traded companies at Karachi Stocks Exchange were F
Published 27 Dec, 2011 08:20am
India 214 for 3 at close
Cricket

India 214 for 3 at close

MELBOURNE: India were 214 for three in reply to Australia's first innings 333 at the close on the second day of the firs
Published 27 Dec, 2011 07:22am
Iran signs fuel deal with Afghanistan
Top News

Iran signs fuel deal with Afghanistan

TEHRAN: Iran has signed a deal with Afghanistan to supply its neighbour with a million tons of fuel oil, petrol and avia
Published 27 Dec, 2011 06:15am
Oil higher in Asian trade
Energy

Oil higher in Asian trade

SINGAPORE: Oil was higher in Asian trade Tuesday amid thin trading volumes with Middle East geopolitical tensions seen s
Published 27 Dec, 2011 03:44am
FDI on a long vacation
BR Research

FDI on a long vacation

No wonder the foreign direct investment has gone down considerably in a country where investors continue to be shooed away. The pleasure of
Published 27 Dec, 2011 12:00am
BRIEF RECORDINGS

BRIEF RECORDINGS

Maple Leaf Cement started operations as a private company in 1992 when it was acquired by the Kohinoor Maple Leaf Group. Based in Lahore, the Company has since positioned itself as a prominent cement manufacturer of the country with a diverse customer bas
Published 27 Dec, 2011 12:00am
Peace in Afghanistan vital for normalcy in country: Hoti

Peace in Afghanistan vital for normalcy in country: Hoti

Chief Minister Khyber Pakhtunkhwa Amir Haider Khan Hoti on Monday said that the establishment of peace in neighbouring Afghanistan and restive tribal areas was vital for complete normalcy and calm in the country. He said that the government got desired ob
Published 27 Dec, 2011 12:00am
Iranian team meets Punjab chief minister

Iranian team meets Punjab chief minister

A 5-member Iranian delegation met Punjab Chief Minister Muhammad Shahbaz Sharif here on Monday and matters regarding co-operation in different sectors were discussed. The delegation included Commercial Atashi Mehdi Tardaust, M Hassan Bina Rizvi, Syed Murt
Published 27 Dec, 2011 12:00am
Enough coal to provide electricity for over 30 years: Dr Samar

Enough coal to provide electricity for over 30 years: Dr Samar

Member of the Science and Technology Planning Commission, Dr Samar Mubarak on Monday said that Pakistan had enough coal reserves that could provide electricity to the country for more than 30 years. Talking to a private news channel, he said that Thar coa
Published 27 Dec, 2011 12:00am
Munir Niazi's 5th death anniversary observed

Munir Niazi's 5th death anniversary observed

Fifth death anniversary of renowned Urdu and Punjabi poet Munir Ahmed Niazi was observed on Monday. Munir Niazi was born in Khanpur, a village near Hoshiarpur, India, on April 19, 1928. He hailed from the famous Niazi tribe. He got primary education from
Published 27 Dec, 2011 12:00am
Gas pipeline blown up in Swabi

Gas pipeline blown up in Swabi

Unknown miscreants on Monday blown up a gas supply line with explosives at Shah Mansoor area of Swabi district, local police said. Some unknown miscreants plant explosives along with gas-pipeline which went off big bang, destroying the supply line and dis
Published 27 Dec, 2011 12:00am
Gold to drop in first quarter, far from retesting record high

Gold to drop in first quarter, far from retesting record high

Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest September's all-time highs until later 2012 at the earliest, according to a Reuters poll of 20 hedge fund managers, economists and traders.
Published 27 Dec, 2011 12:00am
Slumping solar prices rub the shine off silver

Slumping solar prices rub the shine off silver

The solar industry's rapidly growing demand for silver could hit a wall next year, as the rising price of the precious metal forces solar cell makers to cut use of the metal in their battle against overcapacity and a near halving of product prices.
Published 27 Dec, 2011 12:00am
Tokyo rubber futures end lower on profit-taking

Tokyo rubber futures end lower on profit-taking

Tokyo rubber futures inched lower Monday after hitting a two-week high in early session due to profit-taking amid thin trade ahead of New Year holidays, dealers said. The benchmark rubber contract on the Tokyo Commodity Exchange for June delivery edged 1.
Published 27 Dec, 2011 12:00am
Ecuador says oil output up slightly in 2011

Ecuador says oil output up slightly in 2011

OPEC-member Ecuador increased crude production in 2011 by 3 percent to just over 500,000 barrels of oil per day, the Ministry for Non-renewable Natural Resources said on Monday. After taking office in 2007, Ecuador's leftist President Rafael Correa introd
Published 27 Dec, 2011 12:00am
Asia markets closed

Asia markets closed

Financial markets in Australia, Hong Kong, Indonesia, Singapore, New Zealand and Malaysia were closed on Monday for a public holiday.
Published 27 Dec, 2011 12:00am
Newedge eye opportunities in China sugar and grains

Newedge eye opportunities in China sugar and grains

China's expanding trade in sugar and grains and rising options volumes provide growth opportunities for brokerage Newedge, Global Head of Agricultural Business Michael Dann said. "We're really looking very closely at what is happening in China, for sugar
Published 27 Dec, 2011 12:00am
UK organic food sales fall, outlook challenging

UK organic food sales fall, outlook challenging

Sales of organic food in Britain have fallen further over the last year, as consumers seek to save money in tough economic times, and recovery in 2012 will be difficult, the Soil Association said on Friday.
Published 27 Dec, 2011 12:00am
For want of a seed, a corn crop at risk

For want of a seed, a corn crop at risk

Illinois farmer Dave Ebert intends to drive nearly five hours early next year to buy thousands of pounds of a specialized, high-yield corn seed he needs to sow a bumper crop this spring. Dealers near his farm in Gilman are already sold out.
Published 27 Dec, 2011 12:00am
Sudan bourse set to go electronic; eyes gold, commodities

Sudan bourse set to go electronic; eyes gold, commodities

Sudan, struggling to restore its economy after years of war and the break-away of newly formed South Sudan, aims to expand its tiny stock market to trade gold and commodities, Khartoum Stock Exchange General Manager Osman Hamad Khair told Reuters in an in
Published 27 Dec, 2011 12:00am
Commodities prices to withstand Australian cyclones

Commodities prices to withstand Australian cyclones

Australia's commodities sector is bracing for another active cyclone season, but unlike last year, prices of key exports such as iron ore, coal and sugar may show little reaction as Europe's economic turmoil and surplus crops pressure markets.
Published 27 Dec, 2011 12:00am
Message from President of Pakistan

Message from President of Pakistan

On attaining an important distinction of holding the one hundredth meeting of the Federal Cabinet and becoming the longest serving popularly elected Government, I congratulate the entire Federal Cabinet, the Prime Minister and most importantly the people
Published 27 Dec, 2011 12:00am
Message from Prime Minister of Pakistan

Message from Prime Minister of Pakistan

As we reach an important landmark in our brief democratic history let me join the people of Pakistan in celebrating and rejoicing the success we have collectively achieved. Today I will be presiding the one hundredth meeting of the Federal Cabinet.
Published 27 Dec, 2011 12:00am
Report on 45 Months Performance of The Federal Cabinet/Committees

Report on 45 Months Performance of The Federal Cabinet/Committees

The present elected government, headed by Prime Minister Syed Yousuf Raza Gilani, has completed forty five (45) months in office, which is unprecedented in the history of the country. At the same time, the Prime Minister also has the unique honour to be t
Published 27 Dec, 2011 12:00am
Democracy at Its Best

Democracy at Its Best

Democracy always thrives on co-ordination between the major institutions of the state. It is heartening to see that the established institutions of the state of Pakistan have for the first time since its inception helped grow the parliament not only in st
Published 27 Dec, 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 27 Dec, 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 Commi
Published 27 Dec, 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 (December 26, 2011).

Published 27 Dec, 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 (December 26, 2011).

Published 27 Dec, 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 (December 26, 2011).

Published 27 Dec, 2011 12:00am
Zardari urges people to protect democracy

Zardari urges people to protect democracy

President Asif Ali Zardari has said that the best way to pay tribute to Shaheed Mohtarma Benazir Bhutto is to defend and protect democracy and democratic institutions in the country and foil all conspiracies against it.
Published 27 Dec, 2011 12:00am
Zardari urges people to protect democracy

Zardari urges people to protect democracy

President Asif Ali Zardari has said that the best way to pay tribute to Shaheed Mohtarma Benazir Bhutto is to defend and protect democracy and democratic institutions in the country and foil all conspiracies against it.
Published 27 Dec, 2011 12:00am
National Audit Plan: targets given to RTOs and LTUs halved

National Audit Plan: targets given to RTOs and LTUs halved

The Federal Board of Revenue has made a reduction of 50 percent in the targets assigned to the Large Taxpayer Units and Regional Tax Offices for carrying out income tax and sales tax audit of corporate sector, Association of Persons (AOPs), business indiv
Published 27 Dec, 2011 12:00am
National Audit Plan: targets given to RTOs and LTUs halved

National Audit Plan: targets given to RTOs and LTUs halved

The Federal Board of Revenue has made a reduction of 50 percent in the targets assigned to the Large Taxpayer Units and Regional Tax Offices for carrying out income tax and sales tax audit of corporate sector, Association of Persons (AOPs), business indiv
Published 27 Dec, 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 (December 26, 2011).

Published 27 Dec, 2011 12:00am
National Audit Plan: targets given to RTOs and LTUs halved

National Audit Plan: targets given to RTOs and LTUs halved

The Federal Board of Revenue has made a reduction of 50 percent in the targets assigned to the Large Taxpayer Units and Regional Tax Offices for carrying out income tax and sales tax audit of corporate sector, Association of Persons (AOPs), business indiv
Published 27 Dec, 2011 12:00am
FBR decides to establish ATT Directorate General

FBR decides to establish ATT Directorate General

In a major move to prevent 'ISAF/NATO containers scam' in future, the Federal Board of Revenue (FBR) has decided to establish a Directorate General of Afghan Transit Trade to regulate and exclusively handle all issues relating Afghan Pakistan Transit Trad
Published 27 Dec, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (December 26, 2011).
Published 27 Dec, 2011 12:00am
FBR decides to establish ATT Directorate General

FBR decides to establish ATT Directorate General

In a major move to prevent 'ISAF/NATO containers scam' in future, the Federal Board of Revenue (FBR) has decided to establish a Directorate General of Afghan Transit Trade to regulate and exclusively handle all issues relating Afghan Pakistan Transit Trad
Published 27 Dec, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (December 26, 2011).

Published 27 Dec, 2011 12:00am
FBR decides to establish ATT Directorate General

FBR decides to establish ATT Directorate General

In a major move to prevent ''ISAF/NATO containers scam'' in future, the Federal Board of Revenue (FBR) has decided to establish a Directorate General of Afghan Transit Trade to regulate and exclusively handle all issues relating Afghan Pakistan Transit Tr
Published 27 Dec, 2011 12:00am
MFN status to India: edible oil industry seeks duty and tariff revision

MFN status to India: edible oil industry seeks duty and tariff revision

The local edible oil industry has proposed revision in the duties/taxes structure and tariff rationalisation with regards to the vegetable ghee/cooking oil sector along with changes in customs and warehousing rules/procedures on grant of Most Favoured Nat
Published 27 Dec, 2011 12:00am
MFN status to India: edible oil industry seeks duty and tariff revision

MFN status to India: edible oil industry seeks duty and tariff revision

The local edible oil industry has proposed revision in the duties/taxes structure and tariff rationalisation with regards to the vegetable ghee/cooking oil sector along with changes in customs and warehousing rules/procedures on grant of Most Favoured Nat
Published 27 Dec, 2011 12:00am
MFN status to India: edible oil industry seeks duty and tariff revision

MFN status to India: edible oil industry seeks duty and tariff revision

The local edible oil industry has proposed revision in the duties/taxes structure and tariff rationalisation with regards to the vegetable ghee/cooking oil sector along with changes in customs and warehousing rules/procedures on grant of Most Favoured Nat
Published 27 Dec, 2011 12:00am
Pakistan and India resume dialogue on CBMs

Pakistan and India resume dialogue on CBMs

Pakistan and India on Monday began a two-day expert level dialogue on nuclear and conventional confidence-building measures (CBMs) under the resumed dialogue process to avert risk of any incident due to misunderstanding.
Published 27 Dec, 2011 12:00am
Pakistan and India resume dialogue on CBMs

Pakistan and India resume dialogue on CBMs

Pakistan and India on Monday began a two-day expert level dialogue on nuclear and conventional confidence-building measures (CBMs) under the resumed dialogue process to avert risk of any incident due to misunderstanding.
Published 27 Dec, 2011 12:00am
Pakistan and India resume dialogue on CBMs

Pakistan and India resume dialogue on CBMs

Pakistan and India on Monday began a two-day expert level dialogue on nuclear and conventional confidence-building measures (CBMs) under the resumed dialogue process to avert risk of any incident due to misunderstanding.
Published 27 Dec, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (December 26, 2011).

Published 27 Dec, 2011 12:00am
Index gains 9.26 points

Index gains 9.26 points

Profit-taking in late hours on Monday minimised intra-day gains and the KSE-100 index closed at 11,310.35 points with a gain of 9.26 points with a record low volume. The market opened on a positive note and the index hit 11,375.48 points intra-day high. H
Published 27 Dec, 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 (December 26, 2011).
Published 27 Dec, 2011 12:00am
Index gains 9.26 points

Index gains 9.26 points

Profit-taking in late hours on Monday minimised intra-day gains and the KSE-100 index closed at 11,310.35 points with a gain of 9.26 points with a record low volume. The market opened on a positive note and the index hit 11,375.48 points intra-day high. H
Published 27 Dec, 2011 12:00am
Index gains 9.26 points

Index gains 9.26 points

Profit-taking in late hours on Monday minimised intra-day gains and the KSE-100 index closed at 11,310.35 points with a gain of 9.26 points with a record low volume. The market opened on a positive note and the index hit 11,375.48 points intra-day high. H
Published 27 Dec, 2011 12:00am
BRIndex30 loses 30.48 points

BRIndex30 loses 30.48 points

On Monday, the BRIndex30 opened at 8,407.30 points and near the last two hours exhibited downward trend. It touched the intra-day high of 8,449.03 points and low of 8,373.91 points and closed at 8,376.82 points with a net negative change of -30.48 points,
Published 27 Dec, 2011 12:00am
BRIndex30 loses 30.48 points

BRIndex30 loses 30.48 points

On Monday, the BRIndex30 opened at 8,407.30 points and near the last two hours exhibited downward trend. It touched the intra-day high of 8,449.03 points and low of 8,373.91 points and closed at 8,376.82 points with a net negative change of -30.48 points,
Published 27 Dec, 2011 12:00am
Prime Minister, President discuss Memogate, other issues

Prime Minister, President discuss Memogate, other issues

President Asif Ali Zardari and Prime Minister Syed Yousuf Raza Gilani on Monday discussed Memogate scandal, exit of some party members for Pakistan Tahreek-e-Insaf (PTI) and the preparations for the fourth death anniversary of Mohtarma Benazir Bhutto it i
Published 27 Dec, 2011 12:00am
Prime Minister, President discuss Memogate, other issues

Prime Minister, President discuss Memogate, other issues

President Asif Ali Zardari and Prime Minister Syed Yousuf Raza Gilani on Monday discussed Memogate scandal, exit of some party members for Pakistan Tahreek-e-Insaf (PTI) and the preparations for the fourth death anniversary of Mohtarma Benazir Bhutto it i
Published 27 Dec, 2011 12:00am
Gilani rejects rumours about COAS and DG ISI

Gilani rejects rumours about COAS and DG ISI

Prime Minister Syed Yousuf Raza Gilani on Monday dispelled the impression that government is contemplating to remove Chief of Army Staff General Ashfaq Pervez Kayani and Director General Inter-Services Intelligence (ISI) Lieutenant General Ahmed Shuja Pas
Published 27 Dec, 2011 12:00am
Gilani rejects rumours about COAS and DG ISI

Gilani rejects rumours about COAS and DG ISI

Prime Minister Syed Yousuf Raza Gilani on Monday dispelled the impression that government is contemplating to remove Chief of Army Staff General Ashfaq Pervez Kayani and Director General Inter-Services Intelligence (ISI) Lieutenant General Ahmed Shuja Pas
Published 27 Dec, 2011 12:00am
US military urges more trust with Pakistan after probe

US military urges more trust with Pakistan after probe

The head of US Central Command urged greater trust and communications with the Pakistani military on Monday amid a diplomatic crisis after US air strikes killed 24 Pakistani soldiers last month. General James Mattis made his recommendations after his comm
Published 27 Dec, 2011 12:00am
US military urges more trust with Pakistan after probe

US military urges more trust with Pakistan after probe

The head of US Central Command urged greater trust and communications with the Pakistani military on Monday amid a diplomatic crisis after US air strikes killed 24 Pakistani soldiers last month. General James Mattis made his recommendations after his comm
Published 27 Dec, 2011 12:00am
US gears up for limited relationship: report

US gears up for limited relationship: report

US officials believe the country's relationship with Pakistan has been seriously damaged and a counterterrorism alliance can survive only in a limited form, The New York Times reported late Sunday.
Published 27 Dec, 2011 12:00am
US gears up for limited relationship: report

US gears up for limited relationship: report

US officials believe the country's relationship with Pakistan has been seriously damaged and a counterterrorism alliance can survive only in a limited form, The New York Times reported late Sunday.
Published 27 Dec, 2011 12:00am
Swedish court charges Rwandan with genocide

Swedish court charges Rwandan with genocide

A Swedish court on Monday charged a 53-year-old Rwandan man with genocide, accusing him of having taken part in the massacres in his country in 1994. The man was not identified, but officials said he had been the subject of a Swedish investigation since A
Published 27 Dec, 2011 12:00am
LSE index down 6.3 points

LSE index down 6.3 points

Bearish sentiment was observed at Lahore Stock Exchange on Monday where equities, in the absence of buying support, remained under pressure as majority of investors preferred to stay away from the market. The LSE-25 index lost 6.30 points and closed at 28
Published 27 Dec, 2011 12:00am
LSE index down 6.3 points

LSE index down 6.3 points

Bearish sentiment was observed at Lahore Stock Exchange on Monday where equities, in the absence of buying support, remained under pressure as majority of investors preferred to stay away from the market. The LSE-25 index lost 6.30 points and closed at 28
Published 27 Dec, 2011 12:00am
ISE index sheds seven points

ISE index sheds seven points

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Monday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 7.00 points from 2,596.16 points to 2,589.16 points. Turnover amounted to 42,675 shares as co
Published 27 Dec, 2011 12:00am
ISE index sheds seven points

ISE index sheds seven points

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Monday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 7.00 points from 2,596.16 points to 2,589.16 points. Turnover amounted to 42,675 shares as co
Published 27 Dec, 2011 12:00am
Only two MPAs out of 65 attend Balochistan Assembly session

Only two MPAs out of 65 attend Balochistan Assembly session

The Balochistan Assembly on Monday session faced lack of quorum as only two lawmakers were present in the 65-member house. The provincial assembly on Monday session started with Deputy Speaker Syed Matiaullah Agha in chair at 11am.
Published 27 Dec, 2011 12:00am
Only two MPAs out of 65 attend Balochistan Assembly session

Only two MPAs out of 65 attend Balochistan Assembly session

The Balochistan Assembly on Monday session faced lack of quorum as only two lawmakers were present in the 65-member house. The provincial assembly on Monday session started with Deputy Speaker Syed Matiaullah Agha in chair at 11am.
Published 27 Dec, 2011 12:00am
PIA will have 67 aircraft by 2020

PIA will have 67 aircraft by 2020

PIA's 336 board of directors meeting was held here on Monday. According to a press release, presentation on Fleet Replacement Plan was made during the meeting according to which PIA fleet will be gradually renewed and the Airline will have a total number
Published 27 Dec, 2011 12:00am
PIA will have 67 aircraft by 2020

PIA will have 67 aircraft by 2020

PIA's 336 board of directors meeting was held here on Monday. According to a press release, presentation on Fleet Replacement Plan was made during the meeting according to which PIA fleet will be gradually renewed and the Airline will have a total number
Published 27 Dec, 2011 12:00am
PIA will have 67 aircraft by 2020

PIA will have 67 aircraft by 2020

PIA''s 336 board of directors meeting was held here on Monday. According to a press release, presentation on Fleet Replacement Plan was made during the meeting according to which PIA fleet will be gradually renewed and the Airline will have a total number
Published 27 Dec, 2011 12:00am
Sindh and Balochistan: new schedule for CNG stations' closure

Sindh and Balochistan: new schedule for CNG stations' closure

The Sui Southern Gas Company (SSGC) has announced a new schedule for closure of CNG stations in its franchise areas in Sindh and Balochistan for the current week. According to a press release issued here on Monday, all the CNG stations in Sindh and Baloch
Published 27 Dec, 2011 12:00am
Sindh and Balochistan: new schedule for CNG stations' closure

Sindh and Balochistan: new schedule for CNG stations' closure

The Sui Southern Gas Company (SSGC) has announced a new schedule for closure of CNG stations in its franchise areas in Sindh and Balochistan for the current week. According to a press release issued here on Monday, all the CNG stations in Sindh and Baloch
Published 27 Dec, 2011 12:00am
Sindh and Balochistan: new schedule for CNG stations'' closure

Sindh and Balochistan: new schedule for CNG stations'' closure

The Sui Southern Gas Company (SSGC) has announced a new schedule for closure of CNG stations in its franchise areas in Sindh and Balochistan for the current week. According to a press release issued here on Monday, all the CNG stations in Sindh and Baloch
Published 27 Dec, 2011 12:00am
Afghanistan's cabinet clears oil deal with China's NPC

Afghanistan's cabinet clears oil deal with China's NPC

Afghanistan's cabinet cleared the way for the war-torn state to sign a deal with China National Petroleum Corp (CNPC) for the development of oil blocks in the Amu Darya basin, the Afghan president's office said on Monday. The deal covering drilling and a
Published 27 Dec, 2011 12:00am
Afghanistan's cabinet clears oil deal with China's NPC

Afghanistan's cabinet clears oil deal with China's NPC

Afghanistan's cabinet cleared the way for the war-torn state to sign a deal with China National Petroleum Corp (CNPC) for the development of oil blocks in the Amu Darya basin, the Afghan president's office said on Monday. The deal covering drilling and a
Published 27 Dec, 2011 12:00am
Afghanistan sets ground rules for Taliban talks

Afghanistan sets ground rules for Taliban talks

Afghanistan will accept a Taliban liaison office in Qatar to start peace talks but no foreign power can get involved in the process without its consent, the government's peace council said, as efforts gather pace to find a solution to the decade-long war.
Published 27 Dec, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 27 Dec, 2011 12:00am
Afghanistan sets ground rules for Taliban talks

Afghanistan sets ground rules for Taliban talks

Afghanistan will accept a Taliban liaison office in Qatar to start peace talks but no foreign power can get involved in the process without its consent, the government's peace council said, as efforts gather pace to find a solution to the decade-long war.
Published 27 Dec, 2011 12:00am
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