News Archives for Print - 2004-04-09

Print - 2004-04-09

Botany students get prizes and certificates

Punjab University vice-chancellor Arshad Mahmood distributed prizes among the students of the Department of Botany at a co-curricular awards distribution ceremony here on Thursday.

Published 09 Apr, 2004 12:00am

Abamco Capital Fund listed on LSE

The Lahore Stock Exchange (LSE) has listed Abamco Capital Fund (ACF) on its ready board quotations following the amalgamation of 1st, 3rd, 8th, 11th, 12th, 15th, 19th and 20th ICP Mutual Funds into it.

Published 09 Apr, 2004 12:00am

Abamco Capital Fund listed on LSE

Published 09 Apr, 2004 12:00am

Punjab to spend Rs 300 million on higher education

The Punjab government will spend an amount of Rs 300 million in next three years for the promotion of higher education in the province.

Published 09 Apr, 2004 12:00am

PCPA hails cabinet decision

The Pakistan Crop Protection Association (PCPA), an organisation of indigenous pesticides' manufacturers, has hailed the recent decision of cabinet to take strict action against those involved in adulteration of pesticides.

Published 09 Apr, 2004 12:00am

Silk merchants urge government to amend DTRE scheme

The Gujranwala Art Silk Merchants Association has demanded of the government to amend the Duties and Tax Remission for Export (DTRE) scheme, keeping in view the country's ground realities instead of implementing it as it is.

Published 09 Apr, 2004 12:00am

Punjab allocates Rs 400 million for special children's education

A sum of Rs 400 million has been allocated by the Punjab government for training and education of special children to make them a viable part of the society.

Published 09 Apr, 2004 12:00am

Non customs-paid vehicles, cloth worth Rs six million seized

The Anti-Smuggling Squad of Customs has seized two non-customs paid vehicles plying on the city roads.

Published 09 Apr, 2004 12:00am

Call for early construction of Kalabagh dam

The nation has already suffered much and will suffer more, if there was any further delay in construction of Kalabagh dam, said former Wapda chairman Engr Shamsul Haq.

Published 09 Apr, 2004 12:00am

GSK's corporate responsibility report published

GlaxoSmith-Kline (GSK) Plc, UK has published its Corporate Responsibility report 2003 highlighting global investment in health sector and vaccination of HIV/AIDS in the developing countries.

Published 09 Apr, 2004 12:00am

Arab envoys praise Pakistan-India peace talks

The Council of Arab Ambassadors to Pakistan on Thursday expressed their satisfaction at the great success of Pak-India cricket series and polo games.

Published 09 Apr, 2004 12:00am

Pharma companies producing fake drugs to face action

The Punjab government has decided to take serious action against the pharmaceutical companies producing spurious drugs and has asked the federal government to allow it to de-register these companies, sources said here on Wednesday.

Published 09 Apr, 2004 12:00am

Pakistani fruits and vegetable being sold at throwaway prices in Dubai

Dubai market has of late become a dumping place for fruits and vegetables where quality Pakistani products are sold at throwaway prices.

Published 09 Apr, 2004 12:00am

Sindh Assembly session ends in fiasco

The Sindh Assembly session on Thursday ended in a fiasco as members from the opposition and the treasury benches exchanged hot words with each other and showed complete disrespect to the request of the chair to maintain decorum in the House.

Published 09 Apr, 2004 12:00am

Brigadier Shahbaz assumes charge of Iesco CEO

Brigadier Shahbaz Azam has assumed the charge of the Chief Executive Officer (CEO), Islamabad Electric Supply Company (IESCO) here on Thursday.

Published 09 Apr, 2004 12:00am

Sharjah invites Pakistanis to invest in HFZ

Director General Hamriyah Free Zone (HFZ) Dr Rashid Al Aleem invited Pakistani investors to set up their industrial units in Hamriyah Free Zone.

Published 09 Apr, 2004 12:00am

Senate summoned for April 9

President Pervez Musharraf has summoned the Senate to meet on Friday, primarily to get formal approval for the National Security Council Bill, already approved by the National Assembly on Wednesday.

Published 09 Apr, 2004 12:00am

Quota rules: audit-monitoring cell set up at EPB

The Export Promotion Bureau (EPB) has constituted an audit-monitoring cell to monitor and implement the audit reports.

Published 09 Apr, 2004 12:00am

JCR-VIS maintains rating of Gulshan and Gulistan mills

JCR-VIS has maintained the rating of Gulshan Spinning Mills Ltd, and Gulistan Textile Mills Ltd, after reviewing the performance of their financial results for 2003 and first quarter ended December 2004.

Published 09 Apr, 2004 12:00am

JCR-VIS maintains rating of Gulshan and Gulistan mills

Published 09 Apr, 2004 12:00am

'$30 billion to be spent for water storage improvement'

Ministry of Water and Power has planned to build two big dams along with improvement in the existing water storage system of the country at an estimated cost of $30 billion.

Published 09 Apr, 2004 12:00am

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O

Published 09 Apr, 2004 12:00am

TMAP for withdrawal of raise in freight charges

Syed Usman Ali, Chairman Towel Manufacturers Association of Pakistan (TMAP), has urged the ministry of communication to persuade the APL to withdraw the recent increase in freight charges for Canada and South America.

Published 09 Apr, 2004 12:00am

Workshop on gems and jewellery products

The two-day joint workshop of Smeda and All Pakistan Commercial Exporters Association (APCEA) on export marketing of gems and jewellery products from Pakistan was concluded here on Thursday.

Published 09 Apr, 2004 12:00am

Importance of statistics in good governance highlighted

The role of statistics in good governance was highlighted at a seminar held at the Karachi University campus.

Published 09 Apr, 2004 12:00am

Agri projects to be launched in Bahawalpur and Cholistan desert

Mega projects will be launched for development of agriculture in Bahawalpur and Cholistan desert which will help increase the income of farmers and alleviate poverty in the area.

Published 09 Apr, 2004 12:00am

CRCP demands enactment of Freedom of Information law in NWFP

Consumer Rights Commission of Pakistan (CRCP), a non-profit civil initiative working on consumer protection, governance and civil rights, has demanded that the government of NWFP must enact Freedom of Information (FOI) law to ensure transparency and citiz

Published 09 Apr, 2004 12:00am

Pilot killed in PAF plane crash

Pakistan Air Force reports with great sorrow and grief that an F-7 Fighter Aircraft, while on a routine operational training mission, crashed 20-mile west of Jhang.

Published 09 Apr, 2004 12:00am

SCCI welcomes Wazir's nomination

President, Sarhad Chamber of Commerce & Industry (SCCI) Adeel Rauf has welcomed the nomination of Nauman Wazir as chairman of Task Force formed by the Ministry of Industries and production for the promotion of small and medium entrepreneurs.

Published 09 Apr, 2004 12:00am

The Weather

The weather report on Thursday (April 08) and the forecast of Friday (April 09, 2004).

Published 09 Apr, 2004 12:00am

Economy is stable, institutions functioning smoothly: Rashid

Minister for Information and Broadcasting Sheikh Rashid Ahmed has said that the current era is the era of development as the country's economy is quite stable and institutions are functioning smoothly.

Published 09 Apr, 2004 12:00am

New York cotton

Closing prices of New York cotton in US cents/pound on Wednesday.

Published 09 Apr, 2004 12:00am

Rs 1.041 million allocated for close circuit cameras at Taxila museum

The department of archaeology has planned fool proof security arrangements for the archaeological museum Taxila under which close circuit cameras would be installed for security purposes.

Published 09 Apr, 2004 12:00am

New York cotton

Closing prices of New York cotton in US cents/pound on Wednesday.

Published 09 Apr, 2004 12:00am

Balochistan hopeful of result-oriented NFC Award: minister

Balochistan is hopeful of result-oriented NFC Award - 2004, based on reality and practicability, for the satisfaction of all the five stakeholders - the Federation and all the four provinces.

Published 09 Apr, 2004 12:00am

Key stock market movements at 1800 GMT on April 08

The latest close of key indices on major world stock exchanges, the day's change in points and the indices' 2003 closing highs and lows (with dates).

Published 09 Apr, 2004 12:00am

Lahore-Birmingham friendship body set up

The Lahore-Birmingham Friendship Association (LBFA) has been set up to strengthen ties between the two cities following Lahore Nazim Mian Amir Mehmood's visit and meetings with representatives of Birmingham City Council.

Published 09 Apr, 2004 12:00am

LME official prices

LME official prices on Wednesday.

Published 09 Apr, 2004 12:00am

Three killed as truck overturns

Three persons were killed and another three injured when a truck overturned in front of Jinnah Hospital, Garden Town police station area on Thursday.

Published 09 Apr, 2004 12:00am

LME official prices

LME official prices on Wednesday.

Published 09 Apr, 2004 12:00am

Students attendance on computer

The Punjab University College of Information Technology (PUCIT) has started taking students attendance on computers and also developed software for examinations and accounts.

Published 09 Apr, 2004 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (April 08, 2004)

Published 09 Apr, 2004 12:00am

Pakistani carpets exhibition in Japan

A leading Japanese importer of carpets has agreed to start a joint promotional campaign for Pakistani carpets in Japanese departmental stores.

Published 09 Apr, 2004 12:00am

Currency values in term of Special Drawing Rights

The International Monetary Fund(IMF), treasuries' department's currency values in terms of Special Drawing Rights(SDR).

Published 09 Apr, 2004 12:00am

Malakand hydel power project to complete in 2005: chief minister

National Electric Power Regulatory Authority (Nepra) Chairman Lieutenant General Saeed-uz-Zafar (Retd) on Thursday called on the NWFP Chief Minister Akram Khan Durrani here at the Chief Minister's Secretariat, Peshawar.

Published 09 Apr, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

Good Friday

Christians will observe Good Friday across the country as elsewhere in the world with due religious fervour and enthusiasm on Friday.

Published 09 Apr, 2004 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

Inflows and outflows of rivers

The position of the inflows/outflows at Tarbela, Mangla and Chashma along with the reservoirs levels and the barrages at 6 am on Thursday.

Published 09 Apr, 2004 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

LSE EOGM to discuss new membership issue

With a view to according approval for nine new membership cards of the Lahore Stock Exchange (LSE), Extra Ordinary General Meeting (EOGM) of the Exchange will be held on April 12.

Published 09 Apr, 2004 12:00am

Poultry rates

Wholesale poultry rates on Thursday (April 08) and rates for Friday (April 09, 2004).

Published 09 Apr, 2004 12:00am

Pakistan understands global obligations: minister

Federal Minister for Religious Affairs, Zakat and Ushr, Ijazul-Haq said on Thursday that Pakistan would continue to play a positive role since it realises its global obligations.

Published 09 Apr, 2004 12:00am

Yarn Prices

Karachi Yarn Market Rates

Karachi Yarn Market Rates on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

Pakistani gets ADBI journalist of the year award

A Pakistani journalist took one of the three top honours on Wednesday night in the first Developing Asia Journalism Awards in Tokyo organised by the Asian Development Bank Institute (ADBI).

Published 09 Apr, 2004 12:00am

Yarn Prices

Karachi Yarn Market Rates

Karachi Yarn Market Rates on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

PML-Q legislators asked to attend Senate session

All senators belonging to the ruling coalition Pakistan Muslim League (PML-Q) headed by Prime Minister Mir Zafarullah Khan Jamali have been directed by the premier to attend the Senate session summoned for Friday morning.

Published 09 Apr, 2004 12:00am

Multan commodities market rates

Commodities market rates in rupees on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

MS&L named 'Agency of the year 2003'

Manning Selvage & Lee (MS&L), the New York-based international public relations network, represented in Pakistan by CMC, has been named the 'Agency of the Year 2003' by The Holmes Report, a globally respected US trade publication covering the PR industry.

Published 09 Apr, 2004 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

Troops asked to hone talents

Corps Commander, Lieutenant General Ahsan Saleem Hayat has exhorted the troops to hone their capabilities to meet all professional challenges.

Published 09 Apr, 2004 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

Gandour Group may set up confectionery plant

M/S Gandour Group of companies from Lebanon is considering setting up a confectionery plant either in India or Pakistan for catering to needs of South Asian and Central Asian markets.

Published 09 Apr, 2004 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

Dell and Oracle to expand strategic alliance

Dell and Oracle have entered into strategic partnership with an initiative to significantly lower the cost of business-critical computing for a broader range of customers.

Published 09 Apr, 2004 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

Obese children prone to diabetes: experts

Health experts said that the government should ensure availability of diabetes medicines for checking the disease effectively and cautioned that more children are becoming obese in Pakistan making them highly vulnerable to developing Type II diabetes, a f

Published 09 Apr, 2004 12:00am

THE RUPEE: two paisa gain in open market

The smooth supply of the dollar in the interbank market helped the rupee recover two paisa in the open market on Thursday versus the greenback for buying and selling at Rs 57.68 and Rs 57.73, respectively.

Published 09 Apr, 2004 12:00am

Subsidy on sugar export demanded

The President of Kisan Welfare Council, Mohammad Ayub, has welcomed the decision to export 200,000 tons of sugar.

Published 09 Apr, 2004 12:00am

THE RUPEE: two paisa gain in open market

Published 09 Apr, 2004 12:00am

Increased trade ties with India urged

Amin Khatri, Chairman Exhibitions, Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has said that trade with India would help in the development of industrial sectors of both countries.

Published 09 Apr, 2004 12:00am

Commercial Banks: PICIC COMMERCIAL BANK LIMITED - Year Ended 31-12-2003

The bank's paid-up capital is Rs 1.073 billion and the board of directors of the bank has resolved to issue 30% Bonus Shares and 40% Right Shares which will further increase the capital.

Published 09 Apr, 2004 12:00am

PSO to acquire cutting edge technology: Kirmani

Pakistan State Oil (PSO) will continue to acquire cutting edge technology in all spheres to maintain its position as the premier oil marketing company of the country.

Published 09 Apr, 2004 12:00am

Commercial Banks: PICIC COMMERCIAL BANK LIMITED - Year Ended 31-12-2003

The bank's paid-up capital is Rs 1.073 billion and the board of directors of the bank has resolved to issue 30% Bonus Shares and 40% Right Shares which will further increase the capital.

Published 09 Apr, 2004 12:00am

Mobilink launches outlet in Mianwali

As a part of ongoing network expansion programme, Mobilink has launched its sales and services outlet in Mianwali, a remote but important district of the Punjab, says a press release issued by the company here on Thursday.

Published 09 Apr, 2004 12:00am

All shares index report

The sector-wise all shares index report on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

Agriculture sector uplift top priority: Sindh chief minister

Sindh Chief Minister, Ali Muhammad Mahar has said that the government is giving top priority to agriculture sector and efforts are being made by both public and private sectors to address all problems confronted by the agriculture community in the provinc

Published 09 Apr, 2004 12:00am

Cross Transactions

Cross transactions between client to client reported on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

Pipro draft bill approved

The Federal Cabinet in its meeting on Thursday approved the draft bill to set up Pakistan Intellectual Property Rights Organisation (Pipro).

Published 09 Apr, 2004 12:00am

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Apr, 2004 12:00am

36 Indian fishermen arrested

36 more Indian fishermen have been arrested while straying into Pakistani territorial waters in the Arabian Sea and their six boats impounded, police said on Thursday.

Published 09 Apr, 2004 12:00am

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Apr, 2004 12:00am

Dr Ishrat asks SSGC to acquire modern technology

Governor State Bank of Pakistan, Dr Ishrat Hussain has advised Sui Southern Gas Co to acquire modern technology from overseas and market its skills on competitive projects within Pakistan and abroad.

Published 09 Apr, 2004 12:00am

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.

Published 09 Apr, 2004 12:00am

Supreme Court Bar Association condemns NSC Bill

Supreme Court Bar Association (SCBA) on Thursday strongly condemned the passing of National Security Council (NSC) Bill by the National Assembly and termed the bill passing day as black day in the federal parliamentary democratic system of the country.

Published 09 Apr, 2004 12:00am

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (April 08, 2004).

Published 09 Apr, 2004 12:00am

FROM A RINGSIDE SEAT

President Pervez Musharraf summons the sessions of both the Houses of the Parliament and prorogues them when their business is over.

Published 09 Apr, 2004 12:00am

Last date of renunciation/payment

Last dates of renunciation/payment.

Published 09 Apr, 2004 12:00am

Efforts being made to resolve housing problem: Jamali

Prime Minister Mir Zafarullah Khan Jamali said on Thursday the government was aware of problems being faced by the people due to shortage of housing units in the country and was making efforts to resolve them by initiating new housing schemes and projects

Published 09 Apr, 2004 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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