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Print - 2004-12-31
US MIDDAY: coffee falters on profit taking

US MIDDAY: coffee falters on profit taking

Arabica coffee futures pulled back on Thursday, as profits were taken in thin markets on the last trading day of the year, dealers said. The bellwether March contract slid 4.20 cents to finish at 103.75 cents a lb, trading from 103 to 108.10 cents. The Ma
Published 31 Dec, 2004 12:00am
US MIDDAY: sugar flat on long weekend holidays

US MIDDAY: sugar flat on long weekend holidays

Raw sugar futures closed almost unchanged Thursday as the market stayed near an 11-week high ahead of a long holiday weekend, and the sweetener was seen pushing up on bullish fundamentals in 2005, brokers said. The raw sugar market will shut Friday in obs
Published 31 Dec, 2004 12:00am
US MIDDAY: wheat higher on funds covered short positions

US MIDDAY: wheat higher on funds covered short positions

Wheat futures at the Chicago Board of Trade were higher at mid-morning on Thursday as funds covered short positions ahead of a holiday weekend, traders said. At 10:30 am CST (1630 GMT), CBOT wheat was up 1 to 3 cents per bushel, with March up 1 cent at $3
Published 31 Dec, 2004 12:00am
US MIDDAY: corn sags on prices

US MIDDAY: corn sags on prices

Corn futures at the Chicago Board of Trade sagged to a two-week low early on Thursday in line with a fall in soy and amid persistent pressure on prices from big global feedstocks, traders said. At 10:49 am CST (1649 GMT), CBOT corn was 3/4 to 1-3/4 cents
Published 31 Dec, 2004 12:00am
US MIDDAY: soyabeans drop on speculative selling

US MIDDAY: soyabeans drop on speculative selling

Chicago Board of Trade soyabean futures fell early on Thursday on speculative selling amid a fall in soyaoil that was tied to deliveries by a commercial on the CBOT January soyaoil futures contract, traders said. At 10:08 am CST (1608 GMT), CBOT soya was
Published 31 Dec, 2004 12:00am
US MIDDAY: copper firms on labour reading

US MIDDAY: copper firms on labour reading

New York copper futures turned modestly higher after the improved US labour market reading, and traders said they expected prices to remain supported in a tight range for the few hours left in 2004. The COMEX copper market trading session ends early at 12
Published 31 Dec, 2004 12:00am
US MIDDAY: gold softens in extremely light trading

US MIDDAY: gold softens in extremely light trading

Gold futures softened but held above a prior near three-week low early Thursday in extremely light trading before an early close and Friday's holiday to mark the New Year. A steady dollar kept gold just below unchanged, with dealer buying supporting the m
Published 31 Dec, 2004 12:00am
NBP and CDGK sign MoU for housing loan

NBP and CDGK sign MoU for housing loan

National Bank of Pakistan (NBP) has signed a memorandum of understanding (MoU) with City District Government Karachi (CDGK) to provide housing finance to its employees for the purchase, construction, renovation and repair of housing units. According to an
Published 31 Dec, 2004 12:00am
Security firms cash in on Saudi violence

Security firms cash in on Saudi violence

On a dusty industrial estate in eastern Riyadh, a family run company is busily manufacturing heavy duty security equipment designed to protect buildings that could be targeted by al Qaeda militants. The firm makes hydraulic road barriers of the type which
Published 31 Dec, 2004 12:00am
Chinese envoy calls on naval chief

Chinese envoy calls on naval chief

Ambassador of China Zhang Chunxiang called on the Chief of the Naval Staff Admiral Shahid Karimullah at the Naval Headquarters here on Wednesday. The ambassador remained with the Chief of the Naval Staff for some time and discussed the matters of mutual i
Published 31 Dec, 2004 12:00am
Turks prepare for million-to-one currency change

Turks prepare for million-to-one currency change

One Turkish coffee, medium-sweet? That'll be two million lira, please. Visitors to Turkey are often perplexed by the plethora of zeros that confronts them at every financial turn. Even Turks themselves get a little tired of being nominal millionaires. A n
Published 31 Dec, 2004 12:00am
Despatching dividends

Despatching dividends

Engro Chemicals Pakistan Ltd has done a fantastic job this time. Their book closing for the 2nd interim dividend ended on 21st December 2004. And I received the dividend warrant early in the morning of 22nd December 2004, before the closing of banking hou
Published 31 Dec, 2004 12:00am
Sales tax auditors

Sales tax auditors

Please refer to the letter of Dilawar Khan, appearing in your newspaper on December 23 regarding the sales tax auditor. It is correct to say that all claims of transparency by the sales tax auditors are wrong. The very purpose of the sales tax audit is to
Published 31 Dec, 2004 12:00am
Uniform issue

Uniform issue

President Musharraf has now finally decided to retain both the portfolios ie the President as well as the Chief of Army Staff (COAS). The nation has not been able to understand the psyche which is compelling the President to keep the portfolio of the COAS
Published 31 Dec, 2004 12:00am
Public transport on CNG

Public transport on CNG

The Government of Punjab has decided that within three years all public transport in the province would be run on CNG in order to overcome environmental pollution. As a first step the existing diesel engine operated buses will be converted on priority, an
Published 31 Dec, 2004 12:00am
Republican judge takes aim at Bush terror policies

Republican judge takes aim at Bush terror policies

Far from the typical corporate Christmas card, a former US federal judge's law firm is embracing controversy with holiday cards showing the historic Supreme Court session where he successfully challenged the Bush administration's treatment of Guantanamo B
Published 31 Dec, 2004 12:00am
Commercial banks' Performance

Commercial banks' Performance

Commercial banks have performed very well in Pakistan during the year 2004. This performance is considered a measurement of strength of banking and financial sector. This sector has two listed banks that are established in the market for a long time. Thes
Published 31 Dec, 2004 12:00am
A clear signal to tighten monetary policy

A clear signal to tighten monetary policy

The State Bank of Pakistan (SBP), at long last, seems to have woken up to the reality of rising prices. In its report for the first quarter of FY05, released on 29th December, the emphasis has clearly tilted towards the need of containing price pressures
Published 31 Dec, 2004 12:00am
Mobile phone users criticise PTA

Mobile phone users criticise PTA

The mobile users in the city have vehemently criticised the role of telecom watchdog agency-Pakistan Telecommunication Authority-which has failed to admonish the cell phone companies for their poor performance. Some of the mobile users told Business Re
Published 31 Dec, 2004 12:00am
MMA's performance in NWFP matchless, says minister

MMA's performance in NWFP matchless, says minister

The NWFP Senior Minister Sirajul Haq has said the performance of MMA government in a short period of two years was crystal clear and their steps for welfare of the people and development of the province had no match with the performance of past regimes. H
Published 31 Dec, 2004 12:00am
Moot on e-banking on January 12

Moot on e-banking on January 12

The largest and premier e-Banking event of the country e-Banking- Challenges Ahead - International Conference and Exhibition is being held on January 12, 2005 in Karachi. Federal Minister of IT and Telecom, Awais Ahmed Khan Leghari, will inaugurate the ev
Published 31 Dec, 2004 12:00am
Paktel donates SMS income to tsunami victims

Paktel donates SMS income to tsunami victims

Paktel, Pakistan's pioneering mobile operator has come forward to help the victims from one of the worst natural calamities of human history - the Tsunami tragedy that has claimed more than 80,000 lives in South Asia and Africa, the sources said here. Acc
Published 31 Dec, 2004 12:00am
Cyber security convention concludes

Cyber security convention concludes

"Our goal as an organisation is to explore all fields of information security technology in an innovative style with liberal attitude in a free-thinking environment. We intend to curb all the threats by developing a sound and effective information securit
Published 31 Dec, 2004 12:00am
Sri Lankan Consulate General's plea to Taap

Sri Lankan Consulate General's plea to Taap

The Sri Lankan Consulate General has appealed to the Travel Agents Association of Pakistan (Taap) for donating urgently required supplies. Consul General Manel de Silva, in a letter to the Taap, has drawn its attention towards the "worst disaster" that ha
Published 31 Dec, 2004 12:00am
Pessi raises pension of deceased workers

Pessi raises pension of deceased workers

Punjab Employees Social Security Institution (Pessi) has raised the minimum amount of pension from Rs 100 to Rs 700 for the families of deceased industrial workers. This was decided in a Governing Body meeting presided over by Punjab Labour Minister Syed
Published 31 Dec, 2004 12:00am
No Wapda employee to be rendered surplus

No Wapda employee to be rendered surplus

Chairman Wapda Tariq Hamid has assured the employees that no one would be rendered surplus during the on-going restructuring of the Power Wing and all would be adjusted as per policy. He expressed these views while presiding over a bipartite meeting betwe
Published 31 Dec, 2004 12:00am
Women development ministry to train district level officers

Women development ministry to train district level officers

Ministry of Women Development will train district level officers and selected members of NGOs for establishing linkages to create awareness about micro-finance schemes, which will focus on rural women at district level. Joint Secretary, Ministry of women
Published 31 Dec, 2004 12:00am
Provincial Science Olympiad concludes

Provincial Science Olympiad concludes

The Provincial Science Olympiad was concluded here at the Children Complex on Wednesday where 100 research-based projects were displayed in the categories of biology, chemistry, computer science, mathematics and physics. More than 300 students and 75 teac
Published 31 Dec, 2004 12:00am
Heavy snowfall in Northern Areas

Heavy snowfall in Northern Areas

Heavy snowfall coupled with light rain in the upper Hunza valley has blocked Khunjerab Pass on the Pakistan-China border, preventing trade convoys from China to reach Pakistani border town of Sust. According to a private TV, official sources said most of
Published 31 Dec, 2004 12:00am
Soomro calls for encouraging art and artists

Soomro calls for encouraging art and artists

Senate Chairman Mohammedmian Soomro has emphasised the need of encouraging the art as well as the artists as part of creativity and constructive activity. He was speaking as chief guest at the inaugural ceremony of the paintings exhibition of Ms Samiah Fa
Published 31 Dec, 2004 12:00am
Police on red alert on New Year eve

Police on red alert on New Year eve

On the eve of the New Year, the Sindh police have decided to continue the state of red alert in Karachi and other parts of the province. A statement here on Thursday said that the Inspector General of Police (IGP) Syed Kamal Shah, has issued directives to
Published 31 Dec, 2004 12:00am
Uniform police system to be introduced: minister

Uniform police system to be introduced: minister

Provincial Interior Minister Rauf Siddiqui has said a uniform police control system would be introduced in all provinces and a mechanism would be set up to transmit information from one province to the others. In an interview on Thursday, he said the inte
Published 31 Dec, 2004 12:00am
Campaign against illegal hydrants and water connections reviewed

Campaign against illegal hydrants and water connections reviewed

The Sindh Chief Secretary Muhammad Aslam Sanjrani presided over a high-level meeting to review ongoing campaign by the Karachi Water and Sewerage Board (KWSB) against illegal hydrants and water connections, and adopting legal course in this regard.
Published 31 Dec, 2004 12:00am
China will continue to build defence ties with Pakistan

China will continue to build defence ties with Pakistan

China will continue to develop co-operation with Pakistan and other friendly countries, particularly in the non-traditional fields, said a white paper issued by the Chinese government. The 63-page white paper, the fifth of its kind since 1995, gave a deta
Published 31 Dec, 2004 12:00am
UK introducing new immigration rules for overseas students

UK introducing new immigration rules for overseas students

The British government is introducing a change in the immigration rules to prevent exploitation of genuine overseas students. The British High Commissioner, Mark Lyall Grant commenting on the reasons for the new shift in policy, said, "The increasing numb
Published 31 Dec, 2004 12:00am
No room for tampering Machine Readable Passport: director

No room for tampering Machine Readable Passport: director

Terming Machine Readable Passport (MRP) as state of the art travelling document, the Director Passport (Sindh) Ejaz Ahmed Khan said here on Thursday that there is no room for tampering the new passport. All aspects for the convenience of the applicant, wh
Published 31 Dec, 2004 12:00am
Pakistan and Bangladesh upbeat about new textile regime

Pakistan and Bangladesh upbeat about new textile regime

Major textile exporters of Pakistan and Bangladesh should benefit from the abolition of global quotas that takes effect from January 1, officials and analysts said on Thursday. The decades-old quota system, which provides poor countries access to the rich
Published 31 Dec, 2004 12:00am
Picic's 3lst branch inaugurated

Picic's 3lst branch inaugurated

The 31st branch of Pakistan Industrial Credit and Investment Corporation (Picic) was inaugurated at Abdullah Haroon Road in Saddar area on Thursday. Chairman Picic Khursheed Markar and deputy chairman Mohammad Bashir Janmohammad jointly inaugurated the br
Published 31 Dec, 2004 12:00am
WCNW rejects local government amendments

WCNW rejects local government amendments

The women councillors' network has rejected local government ordinance amendments aimed at slashing numbers of councillors, declared countrywide agitation from district level to center and women councillors belongs to Punjab, Sindh, NWFP and Balochistan w
Published 31 Dec, 2004 12:00am
Sindh government to start operation against quacks

Sindh government to start operation against quacks

Sindh Chief Minister's Adviser for Health Faisal Malik said here on Thursday the provincial health department was planning an operation against unqualified doctors and Hakeems, beside unregistered and substandard blood banks. Talking to various delegation
Published 31 Dec, 2004 12:00am
'Reward-based strategy to improve schools performance'

'Reward-based strategy to improve schools performance'

City Nazim Naimatullah Khan has decided to adopt a carrot and stick policy to improve performance of the government schools in Karachi. The decision in this regard was taken in a meeting held at the Civic Center to assess performance of the education depa
Published 31 Dec, 2004 12:00am
Telecom university to be established soon, says minister

Telecom university to be established soon, says minister

The Federal Minister for Telecommunication, Owais Ahmed Khan Leghari has said that a Telecom University would soon be established in the country to produce telecom engineers of world repute. Work on this project is expected in next financial year. Talking
Published 31 Dec, 2004 12:00am
Faysal Bank branch opens in Lahore

Faysal Bank branch opens in Lahore

Punjab Finance Minister Sardar Husnain Bahadar Dareshak inaugurated the new branch of Faysal Bank Limited (FBL) here on Wednesday. At the time of inauguration of the Faisal Town Branch, General Manager Faysal Bank Limited Bashir A. Sheikh, Vice President
Published 31 Dec, 2004 12:00am
Retired PAF officer shot dead

Retired PAF officer shot dead

A retired Chief Warrant Officer of Pakistan Air Force and an activist of Jamaat Islami, Chaudhry Muhammad Asghar (70) was shot dead on Wednesday in Chak No 190/WB (Mailsi) by two attackers of 25 to 30 year age. However his sons Professor Javed Asghar and
Published 31 Dec, 2004 12:00am
Three notorious dacoits killed

Three notorious dacoits killed

Three notorious dacoits Falak Sher Falko, Arif Jehangir and Allah Rakha alias Zulfiqar were killed in Police encounter near Abbaspur link road, while four of them fled away from scene, here last night. According to Police sources, a 7-member gang had snat
Published 31 Dec, 2004 12:00am
80,899 outdoor patients treated at TB hospital

80,899 outdoor patients treated at TB hospital

As many as 80,899 outdoor patients were provided diagnostic and treatment facilities at the TB Hospital Faisalabad and its two clinics during last one year period while 833 patients were admitted in the Hospital where they were provided with free treatmen
Published 31 Dec, 2004 12:00am
Punjab University announces BA and BSc supplementary results

Punjab University announces BA and BSc supplementary results

The Punjab University (PU) on Thursday announced the results of BA/BSc Supplementary Examination, 2004. According to the university's notification, January 14, 2005 has been fixed last date for submission of admission forms only for the supplementary cand
Published 31 Dec, 2004 12:00am
Protest against expulsion of 26 university students

Protest against expulsion of 26 university students

Students of University of Agriculture took out a protest procession against the expulsion of 26 students and marched through various city roads including Chowk clock tower. Carrying banners and placards inscribed with slogans against the VC and the univer
Published 31 Dec, 2004 12:00am
'Communication skills vital for entering job market'

'Communication skills vital for entering job market'

An actuary by profession Shujaat Siddiqui has emphasised that communication skills were the most important for entering into the job market. He was addressing a seminar on "Job Opportunities for Fresh Graduates in Statistics" at the Department of Statisti
Published 31 Dec, 2004 12:00am
TMA launches drive against builder mafia

TMA launches drive against builder mafia

The Tehsil Municipal Administration (TMA), Multan has launched an extensive drive against builder mafia for financially which had constructed a number of commercial plazas and shopping centers in the city without any prior permission with the connivance o
Published 31 Dec, 2004 12:00am
ADB approves $450,000 grant for uplift projects

ADB approves $450,000 grant for uplift projects

The Asian Development Bank (ADB) has approved a technical assistance (TA) grant of $450,000 to reduce current delay in the start up-phase of developmental projects, says a press release issued here on Thursday. The purpose of the technical assistance was
Published 31 Dec, 2004 12:00am
The Weather

The Weather

The weather report on Thursday (December 30) and the forecast for Friday (December 31, 2004).
Published 31 Dec, 2004 12:00am
SNGPL approves 25 percent cash dividend

SNGPL approves 25 percent cash dividend

Sui Northern Gas Pipeline Limited (SNGPL) in its 41st annual general meeting held here on Wednesday approved the payment of 25 percent cash dividend for the year ended June 30, 2004. According to a press release, the shareholders also gave their consent a
Published 31 Dec, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 31 Dec, 2004 12:00am
SNGPL approves 25 percent cash dividend

SNGPL approves 25 percent cash dividend

Sui Northern Gas Pipeline Limited (SNGPL) in its 41st annual general meeting held here on Wednesday approved the payment of 25 percent cash dividend for the year ended June 30, 2004. According to a press release, the shareholders also gave their consent a
Published 31 Dec, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 31 Dec, 2004 12:00am
Prime Minister defers Rs 1 billion Balochistan debt

Prime Minister defers Rs 1 billion Balochistan debt

Prime Minister Shaukat Aziz on Thursday approved deferment of debt-serving to the extent of Rs one billion for the current financial year for Balochistan on the request of its Chief Minister Jam Muhammad Yousaf. The Chief Minister Balochistan called on th
Published 31 Dec, 2004 12:00am
Piaf critical of rising inflation

Piaf critical of rising inflation

Steep rise in inflation, prices of daily use-items and widening trade gaps were matter of serious concern, and import bill was also increasing with every passing day, which was necessary to be controlled. Piaf vice-chairman Mian Abuzar Shad expressed thes
Published 31 Dec, 2004 12:00am
ICCI proposes joint currency in Muslim world

ICCI proposes joint currency in Muslim world

The Islamic Chamber of Commerce and Industry (ICCI) has proposed a joint currency in Muslim Countries namely 'Golden Dinar' to enhance the co-operation between the Muslim world. "It is under consideration, and the Chamber will take all Muslim countries in
Published 31 Dec, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (December 30, 2004).

Published 31 Dec, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 30, 2004).

Published 31 Dec, 2004 12:00am
Key stock market movements at 1800 GMT on December 30

Key stock market movements at 1800 GMT on December 30

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 31 Dec, 2004 12:00am
'Globalisation creating disparity'

'Globalisation creating disparity'

Dr Syed Wajid H Peerzada, Director and National Co-ordinator World Trade Organisation, Ministry of Food and Agriculture, said that globalisation is creating an unequal world and gap between rich and poor is widening as 2.8 million people are living on les
Published 31 Dec, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (December 30) and for Friday (December 31, 2004).
Published 31 Dec, 2004 12:00am
Pakistan to participate in Hanover fair

Pakistan to participate in Hanover fair

Hundreds individuals and 35 engineering companies will take part in Hanover fair 2005 scheduled to be held from April 12-15, 2005 in Germany to project Pakistan as an emerging engineering destination, it was learnt here. Federal Minister for Industries an
Published 31 Dec, 2004 12:00am
PPPP seeks progress on Okara military farms issue

PPPP seeks progress on Okara military farms issue

Pakistan Peoples' Party Parliamentarians (PPPP) has contacted the Senate Functional Committee on Human Rights, seeking progress on implementation of its recommendations on the Okara Military Farms issue. PPPP Senator and spokesman Farhatullah Babar in a l
Published 31 Dec, 2004 12:00am
Smeda playing role for promotion of SMEs

Smeda playing role for promotion of SMEs

Small and Medium Enterprise Development Authority (Smeda) was undertaking a series of exercises for creating a conducive policy environment for SME sector. Smeda CEO Shahab Khawaja expressed these views during a meeting with Brian J. George, Vice Consul o
Published 31 Dec, 2004 12:00am
LHCBA member approaches Supreme Court for early hearing of petition

LHCBA member approaches Supreme Court for early hearing of petition

Senior member Lahore High Court Bar Association (LHCBA) Barrister Zafarullah has approached the Supreme Court of Pakistan, praying early hearing of his petition against Legal Framework Order. He also challenged the legality and authority of acting Preside
Published 31 Dec, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 30, 2004).

Published 31 Dec, 2004 12:00am
Balochistan government asked to allot land for 'Economic Zone'

Balochistan government asked to allot land for 'Economic Zone'

The federal government has asked Balochistan authorities to allocate 10,000 acres of land for the 'Special Economic Zone' at Gwadar Port. "The government wants to provide conducive environment to the investors by providing tax relief and other incentives,
Published 31 Dec, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 30, 2004).

Published 31 Dec, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 30, 2004).

Published 31 Dec, 2004 12:00am
United States help sought in agriculture sector

United States help sought in agriculture sector

Pakistan has sought the United States' technical and financial assistance in training its agriculture scientists and researchers in a bid to boost country's agro-based economy. Federal Minister for Food, Agriculture and Livestock, Sikandar Hayat Khan Bosa
Published 31 Dec, 2004 12:00am
CBR wings told to keep website updated

CBR wings told to keep website updated

The Central Board of Revenue (CBR) has directed all its wings to place all SROs, circulars and notifications timely on the website to facilitate the business community, tax consultants and chartered accounts firms. In this regard, the CBR referred to boar
Published 31 Dec, 2004 12:00am
Government urged to cut duty on power generating equipment

Government urged to cut duty on power generating equipment

The industrialists and business community has urged the government to reduce import duty on small gas power generating equipment which can be installed in industrial units to keep them running in emergency. Reacting on power cable breakdown in Site indust
Published 31 Dec, 2004 12:00am
THE RUPEE: mixed trend on currency market

THE RUPEE: mixed trend on currency market

The rupee on Thursday showed slight weakness versus the dollar in the interbank market for buying and selling at 59.48 and 59.52. According to the market sources, corporate demand for oil payments was higher during the last couple of days, which kept the
Published 31 Dec, 2004 12:00am
ANF holds export containers at Port Qasim

ANF holds export containers at Port Qasim

The Anti-Narcotics Force (ANF) stopped a number of export containers at Port Qasim on Wednesday from loading on to the vessel Maersk Alska. Few containers contained home textile items, which were meant for sale at a big departmental store in Europe on the
Published 31 Dec, 2004 12:00am
THE RUPEE: mixed trend on currency market

THE RUPEE: mixed trend on currency market

The rupee on Thursday showed slight weakness versus the dollar in the interbank market for buying and selling at 59.48 and 59.52. According to the market sources, corporate demand for oil payments was higher during the last couple of days, which kept the
Published 31 Dec, 2004 12:00am
FCC bill to be presented in next National Assembly session: minister

FCC bill to be presented in next National Assembly session: minister

Despite opposition of the bar associations, a bill to establish Federal Commercial Courts (FCC) with one hundred amendments in the relevant laws will be introduced in the next session of the National Assembly, Minister for Law and Justice Wasi Zafar told
Published 31 Dec, 2004 12:00am
Care project: Customs moves to clear duty-free goods

Care project: Customs moves to clear duty-free goods

The import consignments would not be blocked for want of processing of installation and consumption certificates required for plants and raw materials imported without duty and taxes and clearance would be allowed on presentation of a copy of the certific
Published 31 Dec, 2004 12:00am
CBR promotes 24 appraisers

CBR promotes 24 appraisers

The Central Board of Revenue (CBR) has promoted 24 Appraisers (BS-14) of customs department to the post of Principal Appraisers (BS-16) as their promotions were due for the last four years. CBR Member Human Resource Management (HRM) said here on Thursday
Published 31 Dec, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (December 30, 2004).

Published 31 Dec, 2004 12:00am
Several firms being contacted for improvement in IT infrastructure

Several firms being contacted for improvement in IT infrastructure

The provincial minister for Information Technology, Syed Mustafa Kamal has said the Sindh IT Department is working for the promotion of IT and many people are being provided computer training. He was speaking as chief guest at the inaugural session of a t
Published 31 Dec, 2004 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (December 30, 2004).

Published 31 Dec, 2004 12:00am