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Print - 2004-01-31
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 31 Jan, 2004 12:00am
Quality management for good governance stressed

Quality management for good governance stressed

The National Productivity Organisation of Pakistan and the Asian Productivity Organisation of Japan organised an international seminar on quality management in the public-sector for good governance in Islamabad.
Published 31 Jan, 2004 12:00am
Dr Zaki Hasan retires from JMC

Dr Zaki Hasan retires from JMC

Dr Zaki Hasan, a well-known neuro psychiatrist, actively involved in the promotion of medical education and healthcare for over four decades in Pakistan, announced his retirement as Dean, Jinnah Medical College, saya a press release.
Published 31 Jan, 2004 12:00am
Rashid to have breakfast with Bush on February 5

Rashid to have breakfast with Bush on February 5

Information Minister Sheikh Rashid Ahmed, who will be arriving here on February 3, will have a breakfast meeting with US President George W. Bush on February 5.
Published 31 Jan, 2004 12:00am
Usmani elected FMAP president

Usmani elected FMAP president

Annual elections for the Financial Markets Association of Pakistan (FMAP) were held at a local hotel, wherein Salman A. Usmani, SEVP, Head of Treasury & FX Group of MCB was elected as the President.
Published 31 Jan, 2004 12:00am
Unisame greets Union Bank on setting up of group

Unisame greets Union Bank on setting up of group

The Union of Small and Medium Enterprises (Unisame) representatives met Senior Vice President of SME group, Union Bank, Mansoor Mukhtar and discussed the requirements of SMEs.
Published 31 Jan, 2004 12:00am
Eid-ul-Azha in US on February 1

Eid-ul-Azha in US on February 1

Eid-ul-Azha will be celebrated here on Sunday, February 1 in the United States, according to Islamic Center sources.
Published 31 Jan, 2004 12:00am
Surprise raids to be conducted at government hospitals

Surprise raids to be conducted at government hospitals

The provincial Secretary of Health was directed to conduct surprise raids at the hospitals and health centres to check the attendance of the staff, after receiving various complaints against doctors and paramedical staff of being absent during working hou
Published 31 Jan, 2004 12:00am
Southern Networks prospectus approved

Southern Networks prospectus approved

The Karachi Stock Exchange on Friday cleared the prospectus of 'Southern Networks Limited', according to Moin M. Fudda, Managing Director, KSE.
Published 31 Jan, 2004 12:00am
Vegetable market traders apprise CDA of problems

Vegetable market traders apprise CDA of problems

The Capital Development Authority (CDA) has decided that the revenue generated from the fruit and vegetable market through taxes would be spent on the development of the market.
Published 31 Jan, 2004 12:00am
Dr Atta calls for promoting research in medicinal plants

Dr Atta calls for promoting research in medicinal plants

The developing countries need to focus on promoting research in medicinal plants so as to generate huge financial resources, said Minister In-charge for Science and Technology Professor Atta-ur-Rahman.
Published 31 Jan, 2004 12:00am
MMA to launch movement against Sindh government after Eid

MMA to launch movement against Sindh government after Eid

The supreme council of Muttahida Majlis-i-Amal (MMA) releasing 7-point charge sheet against Sindh government for its 14-month performance on Friday announced launching of movement against it after the Eid-ul-Azha.
Published 31 Jan, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

New Jubile Life Insurance Pension Fund Rates on Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

New Jubile Life Insurance Pension Fund Rates on Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

New Jubile Life Insurance Pension Fund Rates on Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
PCMF mutual fund oversubscribed

PCMF mutual fund oversubscribed

The computer balloting for the allotment of units/certificates of Pakistan Capital Market Fund, the largest closed-end mutual fund offering in Pakistan, was held on Friday, which was oversubscribed 5.5 times.
Published 31 Jan, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
PCMF mutual fund oversubscribed

PCMF mutual fund oversubscribed

The computer balloting for the allotment of units/certificates of Pakistan Capital Market Fund, the largest closed-end mutual fund offering in Pakistan, was held on Friday, which was oversubscribed 5.5 times.
Published 31 Jan, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
Merger of PPP factions remains elusive

Merger of PPP factions remains elusive

The proposed merger of Pakistan Peoples' Party Parliamentarians-Patriot with Pakistan Peoples' Party-Sherpao remains a mere dream due to a 'row' over distribution of slots despite passage of almost a year.
Published 31 Jan, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
Composite dialogue to be purposeful: Kasuri

Composite dialogue to be purposeful: Kasuri

Foreign Minister Khurshid Mehmud Kasuri has said composite dialogue between India and Pakistan next month would be purposeful and assured that Kashmiris interests would fully be protected while sitting with India on dialogue table.
Published 31 Jan, 2004 12:00am
APC demands withdrawal of forces along LoC

APC demands withdrawal of forces along LoC

Political leadership from Azad Jammu and Kashmir, Northern Areas and the representatives of the All Parties Hurriyat Conference (APHC) termed the State of Jammu and Kashmir as a single indivisible entity and said that no solution relating to its future st
Published 31 Jan, 2004 12:00am
Prayers held for safety of scientists

Prayers held for safety of scientists

The faithful prayed at the Friday prayers for the safety and integrity of Pakistan as also of the Pakistan nuclear programme and scientists, reports UPP correspondent.
Published 31 Jan, 2004 12:00am
Chicago Tribune news termed ridiculous

Chicago Tribune news termed ridiculous

Foreign Minister Khurshid Mehmood Kasuri on Friday strongly contradicted a news item which appeared in the "Chicago Tribune" regarding the mounting of offensive operation by American forces on Pakistan's territory.
Published 31 Jan, 2004 12:00am
Levies arrest 32 foreign nationals

Levies arrest 32 foreign nationals

Taftan levies arrested 32 foreign nationals from border area on Friday. They included 19 Bangladeshis, 10 Indians and three Afghan nationals.
Published 31 Jan, 2004 12:00am
Three Iraqi troops shot dead

Three Iraqi troops shot dead

Three Iraqi soldiers were killed and a fourth seriously wounded on Friday when unknown gunmen opened fire on them at a military checkpoint in Mosul, a coroner and police said.
Published 31 Jan, 2004 12:00am
Three Iraqi troops shot dead

Three Iraqi troops shot dead

Three Iraqi soldiers were killed and a fourth seriously wounded on Friday when unknown gunmen opened fire on them at a military checkpoint in Mosul, a coroner and police said.
Published 31 Jan, 2004 12:00am
Training and technical help offered to Tajikistan

Training and technical help offered to Tajikistan

Prime Minister Zafarullah Khan Jamali on Friday briefed the visiting Tajikistan foreign minister on Pakistan's support to Karzai government, stressing peace in Afghanistan is in the interest of entire region.
Published 31 Jan, 2004 12:00am
Training and technical help offered to Tajikistan

Training and technical help offered to Tajikistan

Prime Minister Zafarullah Khan Jamali on Friday briefed the visiting Tajikistan foreign minister on Pakistan's support to Karzai government, stressing peace in Afghanistan is in the interest of entire region.
Published 31 Jan, 2004 12:00am
Significant progress made in macroeconomic stability

Significant progress made in macroeconomic stability

State Bank of Pakistan Governor Dr Ishrat Hussain has said that there has been considerable progress in achieving macroeconomic stability in Pakistan as strong fiscal adjustment has led to primary budgetary surplus and significant reduction of fiscal defi
Published 31 Jan, 2004 12:00am
Significant progress made in macroeconomic stability

Significant progress made in macroeconomic stability

State Bank of Pakistan Governor Dr Ishrat Hussain has said that there has been considerable progress in achieving macroeconomic stability in Pakistan as strong fiscal adjustment has led to primary budgetary surplus and significant reduction of fiscal defi
Published 31 Jan, 2004 12:00am
Afghanistan puts 150 items on duty slabs

Afghanistan puts 150 items on duty slabs

Afghanistan has imposed duty slabs on 150 imported items across-the-board without giving any concession to any country, said Ashraf Ghani, Finance Minister of Afghanistan.
Published 31 Jan, 2004 12:00am
Afghanistan puts 150 items on duty slabs

Afghanistan puts 150 items on duty slabs

Afghanistan has imposed duty slabs on 150 imported items across-the-board without giving any concession to any country, said Ashraf Ghani, Finance Minister of Afghanistan.
Published 31 Jan, 2004 12:00am
Granule duty anomaly: Revenue Board locks horns with BoI and NTC

Granule duty anomaly: Revenue Board locks horns with BoI and NTC

The Central Board of Revenue (CBR) has locked horns with the Board of Investment (BoI) and the National Tariff Commission (NTC) on the issue of removal of anomaly in import duty on polypropylene granule - PCT 3902-1000 - basic raw material used by the loc
Published 31 Jan, 2004 12:00am
Granule duty anomaly: Revenue Board locks horns with BoI and NTC

Granule duty anomaly: Revenue Board locks horns with BoI and NTC

The Central Board of Revenue (CBR) has locked horns with the Board of Investment (BoI) and the National Tariff Commission (NTC) on the issue of removal of anomaly in import duty on polypropylene granule - PCT 3902-1000 - basic raw material used by the loc
Published 31 Jan, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
Dutch government orders troops for Kabul

Dutch government orders troops for Kabul

The Netherlands said on Friday it was sending six Apache attack helicopters and 135 soldiers to join the ISAF international force operating in Afghanistan.
Published 31 Jan, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
Dutch government orders troops for Kabul

Dutch government orders troops for Kabul

The Netherlands said on Friday it was sending six Apache attack helicopters and 135 soldiers to join the ISAF international force operating in Afghanistan.
Published 31 Jan, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
YUKOS third-quarter profit rises on output and prices

YUKOS third-quarter profit rises on output and prices

Russia's largest oil firm YUKOS reported a 55 percent gain in third-quarter earnings year-on-year on Friday, but booming output failed to excite investors concerned about official pressure on the company.
Published 31 Jan, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
YUKOS third-quarter profit rises on output and prices

YUKOS third-quarter profit rises on output and prices

Russia's largest oil firm YUKOS reported a 55 percent gain in third-quarter earnings year-on-year on Friday, but booming output failed to excite investors concerned about official pressure on the company.
Published 31 Jan, 2004 12:00am
13 killed in occupied Kashmir

13 killed in occupied Kashmir

Indian occupation army said its occupation soldiers shot dead 12 freedom fighters including five guerrilla leaders on Friday in the bloodiest gunbattles since New Delhi began peace talks with Kashmiri separatists.
Published 31 Jan, 2004 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 Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
13 killed in occupied Kashmir

13 killed in occupied Kashmir

Indian occupation army said its occupation soldiers shot dead 12 freedom fighters including five guerrilla leaders on Friday in the bloodiest gunbattles since New Delhi began peace talks with Kashmiri separatists.
Published 31 Jan, 2004 12:00am
Boeing 777 inducted in PIA

Boeing 777 inducted in PIA

Pakistan International Airlines (PIA) received its first Boeing 777-200ER here on Friday, which is equipped with the most modern equipments, increased safety measures, economical in maintenance and fuel efficient with low operational cost to make it compe
Published 31 Jan, 2004 12:00am
Boeing 777 inducted in PIA

Boeing 777 inducted in PIA

Pakistan International Airlines (PIA) received its first Boeing 777-200ER here on Friday, which is equipped with the most modern equipments, increased safety measures, economical in maintenance and fuel efficient with low operational cost to make it compe
Published 31 Jan, 2004 12:00am
US citizens advised to restrict travel in Pakistan

US citizens advised to restrict travel in Pakistan

The United States has issued a new travel advice restricting its citizens to travel to Pakistan because of threats emanating from al Qaeda and Taleban operating in Pakistan near porous areas bordering Afghanistan.
Published 31 Jan, 2004 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 Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
US citizens advised to restrict travel in Pakistan

US citizens advised to restrict travel in Pakistan

The United States has issued a new travel advice restricting its citizens to travel to Pakistan because of threats emanating from al Qaeda and Taleban operating in Pakistan near porous areas bordering Afghanistan.
Published 31 Jan, 2004 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 Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
General Clark stays on message in political campaign

General Clark stays on message in political campaign

Whether he is wearing a white apron with four gold stars while pouring pancake batter onto a sizzling griddle or debating his rivals for the Democratic presidential nomination, retired General Wesley Clark stays on message.
Published 31 Jan, 2004 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 Friday (January 30, 2004).
Published 31 Jan, 2004 12:00am
Fauji Fertiliser profit rises to Rs 3.144 billion

Fauji Fertiliser profit rises to Rs 3.144 billion

Fauji Fertiliser profit rose 2 percent and the company declared 15 percent dividend for the last quarter of year ended on December 31, 2003, on back of higher sales and cut in financial cost.
Published 31 Jan, 2004 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 31 Jan, 2004 12:00am
Fauji Fertiliser profit rises to Rs 3.144 billion

Fauji Fertiliser profit rises to Rs 3.144 billion

Fauji Fertiliser profit rose 2 percent and the company declared 15 percent dividend for the last quarter of year ended on December 31, 2003, on back of higher sales and cut in financial cost.
Published 31 Jan, 2004 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 31 Jan, 2004 12:00am
State Bank raises Rs 17 billion from OMO

State Bank raises Rs 17 billion from OMO

State Bank on Friday conducted Open Market Operation (OMO) and raised Rs 17 billion but no change was noted in banks' liquidity position as the overnight rate remained at much low level.
Published 31 Jan, 2004 12:00am