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Apr 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-05-23
SECP should stay away from conflicting notifications: FPCCI

SECP should stay away from conflicting notifications: FPCCI

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested that the Securities and Exchange Commission of Pakistan (SECP) should stay away where the law and issuance of notifications are conflicting and contradictory to each other.
Published 23 May, 2004 12:00am
Five AJK officials held

Five AJK officials held

Azad Jammu and Kashmir (AJK) Ehtesab Bureau has arrested five top officials of forest department on the charge of loss of worth millions of rupees to state exchequer and violation of international laws in extraction of protected precious medicinal herb fr
Published 23 May, 2004 12:00am
Oracle and DOJ describe software market for judge

Oracle and DOJ describe software market for judge

The US Justice Department and Oracle Corp on Friday gave a "technology tutorial" to the federal judge who will hear the government's suit to block Oracle's $7.7 billion hostile bid for rival PeopleSoft Inc.
Published 23 May, 2004 12:00am
Five killed in Baghdad bomb blast

Five killed in Baghdad bomb blast

A car bomb in Baghdad killed at least five people on Saturday and wounded a senior Interior Ministry official, five days after the head of Iraq's Governing Council was assassinated in a similar bombing.
Published 23 May, 2004 12:00am
Five killed in Baghdad bomb blast

Five killed in Baghdad bomb blast

A car bomb in Baghdad killed at least five people on Saturday and wounded a senior Interior Ministry official, five days after the head of Iraq's Governing Council was assassinated in a similar bombing.
Published 23 May, 2004 12:00am
64 killed in Indian accidents

64 killed in Indian accidents

At least 64 people were feared killed when a truck and a bus plunged into deep gorges in separate accidents in India, police said on Saturday.
Published 23 May, 2004 12:00am
64 killed in Indian accidents

64 killed in Indian accidents

At least 64 people were feared killed when a truck and a bus plunged into deep gorges in separate accidents in India, police said on Saturday.
Published 23 May, 2004 12:00am
Infrastructure needs $3 billion annually: Dr Ishrat

Infrastructure needs $3 billion annually: Dr Ishrat

Pakistan needs $3 billion every year for development of infrastructure which provides the base for economic improvement, said Dr Ishrat Husain, Governor, State Bank of Pakistan, on Saturday.
Published 23 May, 2004 12:00am
Infrastructure needs $3 billion annually: Dr Ishrat

Infrastructure needs $3 billion annually: Dr Ishrat

Pakistan needs $3 billion every year for development of infrastructure which provides the base for economic improvement, said Dr Ishrat Husain, Governor, State Bank of Pakistan, on Saturday.
Published 23 May, 2004 12:00am
Ogra allows raise in gas tariff from July

Ogra allows raise in gas tariff from July

The Oil and Gas Regulatory Authority (Ogra) has allowed increase in gas tariff for industrial, commercial and domestic consumers with effect from July 1, 2004, whereas no increase has been allowed in gas tariff for fertiliser industry.
Published 23 May, 2004 12:00am
Ogra allows raise in gas tariff from July

Ogra allows raise in gas tariff from July

The Oil and Gas Regulatory Authority (Ogra) has allowed increase in gas tariff for industrial, commercial and domestic consumers with effect from July 1, 2004, whereas no increase has been allowed in gas tariff for fertiliser industry.
Published 23 May, 2004 12:00am
Chief Justice wants focus on ADR system

Chief Justice wants focus on ADR system

Chief Justice Nazim Hussain Siddiqui has called upon the legal and judicial fraternities to "work on methods of alternate dispute resolution" which if successfully practised "will certainly enhance access to justice".
Published 23 May, 2004 12:00am
Chief Justice wants focus on ADR system

Chief Justice wants focus on ADR system

Chief Justice Nazim Hussain Siddiqui has called upon the legal and judicial fraternities to "work on methods of alternate dispute resolution" which if successfully practised "will certainly enhance access to justice".
Published 23 May, 2004 12:00am
Raise in textiles and cement export rebate demanded

Raise in textiles and cement export rebate demanded

The Ministry of Industries and Production has asked the Central Board of Revenue (CBR) to enhance duty drawback rates on export of certain textile products, amend Duty and Tax Remission for Export (DTRE) scheme and revise rebate on export of cement in the
Published 23 May, 2004 12:00am
Raise in textiles and cement export rebate demanded

Raise in textiles and cement export rebate demanded

The Ministry of Industries and Production has asked the Central Board of Revenue (CBR) to enhance duty drawback rates on export of certain textile products, amend Duty and Tax Remission for Export (DTRE) scheme and revise rebate on export of cement in the
Published 23 May, 2004 12:00am
NFC meeting to resolve contentious issues on May 23

NFC meeting to resolve contentious issues on May 23

As a marathon informal NFC meeting in Finance Ministry on Saturday failed, Prime Minister Zafarullah Khan Jamali will preside over the NFC meeting on Sunday to resolve the contentious issues.
Published 23 May, 2004 12:00am
NFC meeting to resolve contentious issues on May 23

NFC meeting to resolve contentious issues on May 23

As a marathon informal NFC meeting in Finance Ministry on Saturday failed, Prime Minister Zafarullah Khan Jamali will preside over the NFC meeting on Sunday to resolve the contentious issues.
Published 23 May, 2004 12:00am
Libya walks out of Arab summit

Libya walks out of Arab summit

Libya withdrew from an Arab summit in Tunis on Saturday in protest at the agenda and at the Arab League's failure to take up Libyan leader Muammar Gaddafi's proposal for a single Israeli-Palestinian state.
Published 23 May, 2004 12:00am
Rs 190 billion PSDP proposed for next year

Rs 190 billion PSDP proposed for next year

The Annual Plan Co-ordination Committee (APCC) on Saturday recommended to National Economic Council (NEC) Rs 190 billion Public Sector Development Programme (PSDP) for 2004-05 after the finance ministry agreed in principle to enhance the development budge
Published 23 May, 2004 12:00am
Rs 190 billion PSDP proposed for next year

Rs 190 billion PSDP proposed for next year

The Annual Plan Co-ordination Committee (APCC) on Saturday recommended to National Economic Council (NEC) Rs 190 billion Public Sector Development Programme (PSDP) for 2004-05 after the finance ministry agreed in principle to enhance the development budge
Published 23 May, 2004 12:00am
German killed in Riyadh

German killed in Riyadh

A German national was shot dead in Riyadh on Saturday, the capital's police chief said, becoming the seventh Westerner to be killed in Saudi Arabia this month.
Published 23 May, 2004 12:00am
PIA orders probe against crew

PIA orders probe against crew

Pakistan International Airlines (PIA) chairman Ahmed Saeed has ordered an inquiry into the alleged misbehaviour with a passenger on wheelchair by crew of PIA flight PK-309 coming from Islamabad to Karachi on Friday.
Published 23 May, 2004 12:00am
Foreign policy based on national interest: Kasuri

Foreign policy based on national interest: Kasuri

Foreign Minister Khurshid Mehmud Kasuri has said Pakistan is a "proud sovereign nation", and we conduct our foreign policy on the basis of principles, pragmatism and national interest.
Published 23 May, 2004 12:00am
Foreign policy based on national interest: Kasuri

Foreign policy based on national interest: Kasuri

Foreign Minister Khurshid Mehmud Kasuri has said Pakistan is a "proud sovereign nation", and we conduct our foreign policy on the basis of principles, pragmatism and national interest.
Published 23 May, 2004 12:00am
Pakistan welcomes decision of Commonwealth

Pakistan welcomes decision of Commonwealth

Information Minister Shaikh Rashid Ahmed on Saturday welcomed decision by the Commonwealth to restore Pakistan's membership saying: "It's a big victory of the people of Pakistan."
Published 23 May, 2004 12:00am
Pakistan welcomes decision of Commonwealth

Pakistan welcomes decision of Commonwealth

Information Minister Shaikh Rashid Ahmed on Saturday welcomed decision by the Commonwealth to restore Pakistan's membership saying: "It's a big victory of the people of Pakistan."
Published 23 May, 2004 12:00am
6.8 percent GDP growth targeted for 2004-05

6.8 percent GDP growth targeted for 2004-05

The government is targeting 6.8 percent GDP growth for the next fiscal year while the growth rate envisaged for the current fiscal was at 6.4 percent, according to the Annual Plan.
Published 23 May, 2004 12:00am
6.8 percent GDP growth targeted for 2004-05

6.8 percent GDP growth targeted for 2004-05

The government is targeting 6.8 percent GDP growth for the next fiscal year while the growth rate envisaged for the current fiscal was at 6.4 percent, according to the Annual Plan.
Published 23 May, 2004 12:00am
Singh sworn in as Indian premier

Singh sworn in as Indian premier

Some 28 cabinet ministers and 39 junior ministers were sworn in at a glittering ceremony on Saturday along with India's new Prime Minister Manmohan Singh. Their portfolios were due to be announced on Sunday.
Published 23 May, 2004 12:00am
Singh sworn in as Indian premier

Singh sworn in as Indian premier

Some 28 cabinet ministers and 39 junior ministers were sworn in at a glittering ceremony on Saturday along with India's new Prime Minister Manmohan Singh. Their portfolios were due to be announced on Sunday.
Published 23 May, 2004 12:00am
The Weather

The Weather

The weather report on Saturday (May 22) and the forecast for Sunday (May 23, 2004).
Published 23 May, 2004 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.
Published 23 May, 2004 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.
Published 23 May, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (May 22) and rates for Sunday (May 23, 2004).
Published 23 May, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
THE RUPEE: 30 paisa gain versus euro

THE RUPEE: 30 paisa gain versus euro

The rupee on Saturday recovered 30 paisa versus euro in the open market for buying and selling at Rs 70.25 and Rs 70.55, respectively, dealers said.
Published 23 May, 2004 12:00am
THE RUPEE: 30 paisa gain versus euro

THE RUPEE: 30 paisa gain versus euro

The rupee on Saturday recovered 30 paisa versus euro in the open market for buying and selling at Rs 70.25 and Rs 70.55, respectively, dealers said.
Published 23 May, 2004 12:00am
EFU managed funds rates

EFU managed funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from May 24, 2004.
Published 23 May, 2004 12:00am
EFU managed funds rates

EFU managed funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from May 24, 2004.
Published 23 May, 2004 12:00am
EFU managed funds rates

EFU managed funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from May 24, 2004.
Published 23 May, 2004 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 15th May, 2004.
Published 23 May, 2004 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 15th May, 2004.
Published 23 May, 2004 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (May 22, 2004).
Published 23 May, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (May 22, 2004).
Published 23 May, 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 Saturday (May 22, 2004).
Published 23 May, 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 Saturday (May 22, 2004).
Published 23 May, 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 Saturday (May 22, 2004).
Published 23 May, 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 Saturday (May 22, 2004).
Published 23 May, 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 23 May, 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 23 May, 2004 12:00am
Strong freight to lift fourth-quarter net of MISC

Strong freight to lift fourth-quarter net of MISC

Rising freight rates from higher global trade and vessel shortages are expected to lift fourth-quarter profits by nearly 50 percent at Malaysia International Shipping Corp (MISC), the world's largest carrier of liquefied natural gas.
Published 23 May, 2004 12:00am
Strong freight to lift fourth-quarter net of MISC

Strong freight to lift fourth-quarter net of MISC

Rising freight rates from higher global trade and vessel shortages are expected to lift fourth-quarter profits by nearly 50 percent at Malaysia International Shipping Corp (MISC), the world's largest carrier of liquefied natural gas.
Published 23 May, 2004 12:00am
Gulf-Asia VLCC freight firms, others steady

Gulf-Asia VLCC freight firms, others steady

Freight costs for transporting crude oil from the Gulf to Asia firmed on Tuesday and sentiment on voyages from West Africa stayed relatively bullish, brokers said.
Published 23 May, 2004 12:00am
Daewoo Shipbuilding eyes foreign investments

Daewoo Shipbuilding eyes foreign investments

Daewoo Shipbuilding and Marine Engineering Co, the world's second-biggest shipyard, said on Wednesday it was considering buying a yard to make cruise ships in Western Europe and establishing a production base in China.
Published 23 May, 2004 12:00am
Asian freight rates may drop further

Asian freight rates may drop further

Panamax dry bulk rates will probably drop further this week, continuing the fall seen since a record high three months ago as Chinese demand for grains and minerals declines, brokers said on Tuesday.
Published 23 May, 2004 12:00am
Thai Precious Shipping upbeat on freight rates

Thai Precious Shipping upbeat on freight rates

Thai dry bulk carrier Precious Shipping PCL said on Wednesday it expected freight rates to stay high this year and the next due to rising global trade.
Published 23 May, 2004 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 57,639 tonnes of cargo including 50,305 tonnes import and 7,334 tonnes export cargo during last 24 hours ending at 0700 hours on Saturday.
Published 23 May, 2004 12:00am
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