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May 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-06-16
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.
Published 16 Jun, 2004 12:00am
'Budget not friendly to small traders'

'Budget not friendly to small traders'

The Alliance of Market Association (AMA), Karachi, has criticised the budget 2004-05 for not being friendly to small traders/businessmen.
Published 16 Jun, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (June 15, 2004)
Published 16 Jun, 2004 12:00am
Kati chief welcomes budget provisions

Kati chief welcomes budget provisions

Zahid Hussain, Chairman, Korangi Association of Trade and Industry (Kati), has said that credit goes to the present government that because of the sound economic policies it has been possible to get rid of international financial institutions by the end o
Published 16 Jun, 2004 12:00am
Key stock market movements at 1700 GMT on June 15

Key stock market movements at 1700 GMT on June 15

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 16 Jun, 2004 12:00am
KWSB to install two generators at Gharo pumping station

KWSB to install two generators at Gharo pumping station

Managing Director of the Karachi Water and Sewerage Board Brigadier Iftikhar Haider on Tuesday issued instructions for the installation of two generators of 500mw each at the two Gharo pumping stations.
Published 16 Jun, 2004 12:00am
Exports from EPZs to tariff area restricted to 20 percent

Exports from EPZs to tariff area restricted to 20 percent

Exports from the Export Processing Zones (EPZs) to tariff area has been restricted to 20 percent under the new SRO 461 (1) 2004 and the manufacturing units in Karachi Export Processing Zone (KEPZ) would have to export their products up to 80 percent to th
Published 16 Jun, 2004 12:00am
KESC finalises rain emergency plan

KESC finalises rain emergency plan

The city co-ordination committee of Karachi Electric Supply Corporation (KESC) has finalised rain emergency programme.
Published 16 Jun, 2004 12:00am
RCCI terms budget as balanced

RCCI terms budget as balanced

Rawalpindi Chamber of Commerce and Industry (RCCI) President Hussain Ahmed Ozgen has termed the budget 2004-05 balanced and business-friendly.
Published 16 Jun, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (June 15, 2004).
Published 16 Jun, 2004 12:00am
LCCI demands removal of 'complications'

LCCI demands removal of 'complications'

The Lahore Chamber of Commerce and Industry (LCCI) president Mian Anjum Nisar and vice-president Shahzad Ali Malik have said that although Federal Budget for the year 2004-05 is balanced but still there are some 'complications' which needs to be removed t
Published 16 Jun, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (June 15) and rates for Wednesday (June 16, 2004).
Published 16 Jun, 2004 12:00am
Piaf chairman felicitated

Piaf chairman felicitated

The Lahore Chamber of Commerce and Industry (LCCI) President Mian Anjum Nisar and vice-president Shahzad Ali Malik have congratulated Mian Muhammad Ali on his election as chairman Pakistan Industrial and Traders Associations Front (Piaf).
Published 16 Jun, 2004 12:00am
Opposition in Sindh Assembly to attend budget session

Opposition in Sindh Assembly to attend budget session

The Opposition in the Sindh provincial assembly led by Nisar Khuhro, belonging to the PPP, will attend the Sindh Assembly budget session in full strength on Wednesday, reports UPP correspondent.
Published 16 Jun, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (June 15, 2004).
Published 16 Jun, 2004 12:00am
Car makers seek meeting with Jamali and Shaukat

Car makers seek meeting with Jamali and Shaukat

The Pakistan Automotive Manufacturers Association (Pama) has decided to seek an immediate appointment with Prime Minister, Finance Minister and other concerned ministers to explain the detrimental effects the proposed budgetary measures will have on new i
Published 16 Jun, 2004 12:00am
APTPMA felicitates Shaukat for balanced and business-friendly budget

APTPMA felicitates Shaukat for balanced and business-friendly budget

The Chairman of All Pakistan Textile Processing Mills Association (APTPMA), Muhammad Amjad, and Life Chairman of APTPMA action committee, G R Arshad have felicitated Finance Minister Shaukat Aziz for presenting a balanced, progressive and tax-free budget
Published 16 Jun, 2004 12:00am
Punjab plans to set up industries in backward areas

Punjab plans to set up industries in backward areas

Provincial Minister for Industries and Investment Muhammad Ajmal Cheema has said that the government is making all out efforts for eliminating backwardness from the neglected and far-off areas and brining them at par with the developed parts of the provin
Published 16 Jun, 2004 12:00am
THE RUPEE: dollar demand up in interbank market

THE RUPEE: dollar demand up in interbank market

The demand for dollar rose in the interbank market on Tuesday and the rupee shed more two paisa versus the greenback at Rs 57.92 and Rs 57.94 for buying and selling, respectively, market men said.
Published 16 Jun, 2004 12:00am
Budget termed growth-oriented

Budget termed growth-oriented

People belonging to various walks of life, including business community, have hailed the federal budget and termed it a growth-oriented and business-friendly.
Published 16 Jun, 2004 12:00am
THE RUPEE: dollar demand up in interbank market

THE RUPEE: dollar demand up in interbank market

The demand for dollar rose in the interbank market on Tuesday and the rupee shed more two paisa versus the greenback at Rs 57.92 and Rs 57.94 for buying and selling, respectively, market men said.
Published 16 Jun, 2004 12:00am
Budget termed historic and revolutionary

Budget termed historic and revolutionary

Punjab Minister for Communication and Works Zaheer-ud-Din Khan has said that the budget of next financial year is revolutionary and historic in every sense.
Published 16 Jun, 2004 12:00am
Tobacco: PAKISTAN TOBACCO COMPANY LIMITED - Year Ended 31-12-2003

Tobacco: PAKISTAN TOBACCO COMPANY LIMITED - Year Ended 31-12-2003

During the year under review the company generated highest ever operating profit and improved margins. The pretax and after tax profit were lower than preceding year because of "other expenses" which included staff separation cost and obsolete machinery w
Published 16 Jun, 2004 12:00am
Tobacco: PAKISTAN TOBACCO COMPANY LIMITED - Year Ended 31-12-2003

Tobacco: PAKISTAN TOBACCO COMPANY LIMITED - Year Ended 31-12-2003

During the year under review the company generated highest ever operating profit and improved margins. The pretax and after tax profit were lower than preceding year because of "other expenses" which included staff separation cost and obsolete machinery w
Published 16 Jun, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (June 15, 2004).
Published 16 Jun, 2004 12:00am
Kasuri meets Turkish premier

Kasuri meets Turkish premier

Foreign Minister Khurshid Mahmood Kasuri, who is leading Pakistan's delegation at 31st meeting of foreign ministers from member states of Organisation of Islamic Conference in Istanbul, had a meeting with Turkish Prime Minster Rajep Tayyip Erdogan during
Published 16 Jun, 2004 12:00am
Man kills son

Man kills son

A military man Muhammad Ashraf (40) allegedly killed his son Muhammad Adeel (12) in Gashkori village, (Okara), some 170 miles east of here as Adeel could not be promoted to next class in the annual examination.
Published 16 Jun, 2004 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Tuesday (June 15, 2004).
Published 16 Jun, 2004 12:00am
11th ministerial session of UNCTAD: call for better market access

11th ministerial session of UNCTAD: call for better market access

Privatisation and Investment Minister Dr Abdul Hafeez Shaikh has called for better market access, capacity building and sustained and substantial flow of development financing aimed at alleviation of poverty and improving living conditions of the people i
Published 16 Jun, 2004 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (June 15, 2004).
Published 16 Jun, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 16 Jun, 2004 12:00am
No law can be made against Quran and Sunnah: Jamali

No law can be made against Quran and Sunnah: Jamali

Prime Minister Mir Zafarullah Khan Jamali has said that no law against the Quran and Sunnah can be formulated in Pakistan but added that man-made laws could be amended with consensus.
Published 16 Jun, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 16 Jun, 2004 12:00am
Kashmiri leaders to be given role once talks reach final stage: minister

Kashmiri leaders to be given role once talks reach final stage: minister

Minister for Information and Broadcasting Sheikh Rashid Ahmed on Tuesday said that the Indian occupied Kashmiri leadership from both sides of the Line of Control (LoC) would be given role once the dialogue on issue of Jammu Kashmir between India and Pakis
Published 16 Jun, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Published 16 Jun, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (June 15, 2004).
Published 16 Jun, 2004 12:00am
Musharraf and Rahim discuss various issues

Musharraf and Rahim discuss various issues

President General Pervez Musharraf on Tuesday visited Chief Minister House and was given a warm welcome by Sindh Chief Minister Dr Arbab Ghulam Rahim.
Published 16 Jun, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 16 Jun, 2004 12:00am
Airblue to be launched from Karachi on June 18

Airblue to be launched from Karachi on June 18

The nation's third private sector venture in civil aviation, the Airblue is all set to open its operations with six daily flights between Karachi-Lahore and Karachi Islamabad with turn-abouts after 35 minutes of ground time.
Published 16 Jun, 2004 12:00am
Airblue to be launched from Karachi on June 18

Airblue to be launched from Karachi on June 18

The nation's third private sector venture in civil aviation, the Airblue is all set to open its operations with six daily flights between Karachi-Lahore and Karachi Islamabad with turn-abouts after 35 minutes of ground time.
Published 16 Jun, 2004 12:00am
Wapda provides requisite data to water panel: Tariq

Wapda provides requisite data to water panel: Tariq

Water and Power Development Authority (Wapda) chairman Tariq Hamid said that Wapda has provided requisite data to the parliamentary committee on water resources in a meeting held on Monday.
Published 16 Jun, 2004 12:00am
Hub Refinery starts PVD salt production

Hub Refinery starts PVD salt production

Hub-Pak Salt Refinery has started commercial production of PVD salt in its ISO 9001-2000 certified manufacturing facility at Hub Industrial Trading Estate.
Published 16 Jun, 2004 12:00am
India test-fires anti-tank missile

India test-fires anti-tank missile

India has test-fired a home-grown anti-tank missile from a site in the southern state of Andhra Pradesh, a senior defence official said on Tuesday.
Published 16 Jun, 2004 12:00am
India test-fires anti-tank missile

India test-fires anti-tank missile

India has test-fired a home-grown anti-tank missile from a site in the southern state of Andhra Pradesh, a senior defence official said on Tuesday.
Published 16 Jun, 2004 12:00am
Talks begin with Delhi on narcotics control

Talks begin with Delhi on narcotics control

Senior Pakistani and Indian officials opened a two-day meeting here on Tuesday to enhance bilateral co-operation in combating cross-border drug trafficking, officials said.
Published 16 Jun, 2004 12:00am
Talks begin with Delhi on narcotics control

Talks begin with Delhi on narcotics control

Senior Pakistani and Indian officials opened a two-day meeting here on Tuesday to enhance bilateral co-operation in combating cross-border drug trafficking, officials said.
Published 16 Jun, 2004 12:00am
CED on raw tobacco adjustable

CED on raw tobacco adjustable

The Central Board of Revenue (CBR) has given a facility to adjust central excise duty (CED) paid on the un-manufactured tobacco used in the cigarettes production.
Published 16 Jun, 2004 12:00am
CED on raw tobacco adjustable

CED on raw tobacco adjustable

The Central Board of Revenue (CBR) has given a facility to adjust central excise duty (CED) paid on the un-manufactured tobacco used in the cigarettes production.
Published 16 Jun, 2004 12:00am
CED on raw tobacco adjustable

CED on raw tobacco adjustable

The Central Board of Revenue (CBR) has given a facility to adjust central excise duty (CED) paid on the un-manufactured tobacco used in the cigarettes production.
Published 16 Jun, 2004 12:00am
Sales tax officials bound to acquire search warrant

Sales tax officials bound to acquire search warrant

The Central Board of Revenue (CBR) has made it mandatory for the sales tax officials to acquire warrant from the judicial magistrate prior to conducting search operation for acquiring record at places other than business premises.
Published 16 Jun, 2004 12:00am
Sales tax officials bound to acquire search warrant

Sales tax officials bound to acquire search warrant

The Central Board of Revenue (CBR) has made it mandatory for the sales tax officials to acquire warrant from the judicial magistrate prior to conducting search operation for acquiring record at places other than business premises.
Published 16 Jun, 2004 12:00am
Aptma hails zero-rated sales tax on ginned cotton

Aptma hails zero-rated sales tax on ginned cotton

The zero-rated sales tax on ginned cotton is a landmark decision which would give sudden boost to exports and would add up to $2 billion in total exports, All Pakistan Textile Mills (Aptma) Chairman Waqar Monnoo said on Tuesday.
Published 16 Jun, 2004 12:00am
Aptma hails zero-rated sales tax on ginned cotton

Aptma hails zero-rated sales tax on ginned cotton

The zero-rated sales tax on ginned cotton is a landmark decision which would give sudden boost to exports and would add up to $2 billion in total exports, All Pakistan Textile Mills (Aptma) Chairman Waqar Monnoo said on Tuesday.
Published 16 Jun, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The debate on the Federal Budget opened simultaneously in the National Assembly and Senate on Tuesday morning, with opposition leaders making expectedly high-pitched speeches. But quite early in the day it lost its lustre and became lifeless, as successiv
Published 16 Jun, 2004 12:00am
Rs 9 billion allocated for ADP of railways

Rs 9 billion allocated for ADP of railways

Federal government has allocated a sum of Rs 9 billion for the annual development programme (ADP) of Pakistan Railways (PR) against the demand of Rs 13 billion.
Published 16 Jun, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (June 15, 2004).
Published 16 Jun, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (June 15, 2004).
Published 16 Jun, 2004 12:00am
Wheat procurement to continue

Wheat procurement to continue

Punjab Food Minister, Chaudhry Muhammad Iqbal has said that wheat procurement campaign would continue till September 30, 2004, to achieve the stipulated target.
Published 16 Jun, 2004 12:00am
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