News Archives for Print - 2005-07-30

US treasuries bid prices

US treasuries bid prices on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

Lesco makes plan for smooth electricity supply

With a view to redressing the increasing complaints of low voltage as well as power trippings, Lahore Electric Supply Company (Lesco) has made a short-term plan to ensure smooth supply of electricity to its consumers.

Published 30 Jul, 2005 12:00am

US treasuries bid prices

US treasuries bid prices on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

Three firms to maintain cleanliness in vegetable markets

Punjab Agriculture Marketing Department has pre-qualified three private firms to improve and maintain proper cleanliness conditions in fruits and vegetable markets of Punjab metropolis. A spokesman of the department said here on Friday that in this regard

Published 30 Jul, 2005 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

Hearing adjourned

The Lahore High Court (LHC) has adjourned till August 19, the proceedings in a petition praying to the court to issue directions to the foreign office to withdraw diplomatic immunity given to the first secretary of the British High Commission in London, C

Published 30 Jul, 2005 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

Wilton Park and CSAS to cooperate in educational research

Wilton Park, a UK-based think-tank, and the Centre for South Asian Studies (CSAS) of the Punjab University would cooperate in educational research and exchange of research scholars to encourage new dimensions of research on issues relating to security and

Published 30 Jul, 2005 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

'Rs 5 billion fund set up for community-level projects'

The government has established Rs 5 billion Khushhal Pakistan Fund (KPF) to undertake the development projects at small level, which would be increased gradually. "The basic purpose of this fund is to help alleviate the poverty as mega projects have littl

Published 30 Jul, 2005 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

LCCI concerned over deteriorating law and order

While expressing deep concern over the broad daylight dacoities in the city, LCCI Acting President Sohail Lashari demanded of the Punjab Chief Minister, Punjab Governor and IG Police to take immediate measures to improve law and order situation in the pro

Published 30 Jul, 2005 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

Poor law and order irks traders

Local textile industrialists have expressed grave concern over deteriorating law and order situation in and around the City of Lahore. A number of textile industrialists said here on Thursday the Manga-Raiwind road, that is usually known, as 'cluster of t

Published 30 Jul, 2005 12:00am

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 (July 29, 2005).

Published 30 Jul, 2005 12:00am

Amendments in Pitac business rules approved

The meeting of the governing body of Pakistan Industrial Technical Assistance Centre (PITAC) held here on Friday reviewed its working and approved a number of measures to enable the institution to play more active role in the industrial growth.

Published 30 Jul, 2005 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

Seminar on fruits and vegetable today

A one-day seminar on fruits, vegetables processing will be held under the aegis of the Punjab Agricultural Marketing Department in collaboration with private concerns in a local hotel here on Saturday.

Published 30 Jul, 2005 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

Leather goods show in Germany from March 7

GLS-International Event for Leather Goods and More will take place from March 5 to 7 next year at Dusseldorf (Germany) to run parallel to the leading international trade fair, GDS-The Premier Shoe Event, which is held twice a year.

Published 30 Jul, 2005 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

IFC to provide $25 million guarantee to Packages Limited

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has signed an agreement to provide 25 million dollar guarantee that helps Packages Limited, Pakistan's leading integrated pulp, paper, and packaging manufacturer

Published 30 Jul, 2005 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

Pakistan always promoted peace: Naval chief

Pakistan has always promoted peace and harmony at international level as its supreme and national objective, said Chief of the Naval Staff Admiral Shahid Karimullah on Friday. He was addressing the closing ceremony of 2nd CISM World Golf Championship at P

Published 30 Jul, 2005 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

Land route trade with India welcomed

A thaw in India-Pakistan trade relations has brought a cheer from the border town of Wagah, where a truckload of Indian garlic this week kicked off a new age of transnational road trade. "The first consignment has brought the prices down," said Pakistani

Published 30 Jul, 2005 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

Move for machine-readable visas

The Immigration Directorate of Federal Investigation Agency (FIA) has floated a proposal to the Ministry of Interior to introduce Machine-Readable Visas (MRVs) in all Pakistani missions/embassies to combat human smuggling and terrorism, sources told Bu

Published 30 Jul, 2005 12:00am

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 30 Jul, 2005 12:00am

Conditions for renewal of Reap membership

The Ministry of Commerce has allowed renewal of membership of Rice Exporters Association of Pakistan (Reap) to all those firms who have deposited renewal fee and submitted proof of filing Income Tax returns up to June 30.
Published 30 Jul, 2005 12:00am

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 30 Jul, 2005 12:00am

Over 300 women file papers in 3 NWFP districts

More than 300 women candidates have filed papers to stand in local bodies elections in the NWFP, defying a ban called by Muslim clerics, women's rights activists said on Friday. "Around 320 women filed their nomination papers in three districts where cler
Published 30 Jul, 2005 12:00am

Karachi interbank rates

Karachi interbank rates on Friday (July 29, 2005).

Published 30 Jul, 2005 12:00am

Indus in medium flood at Guddu

River Indus continued to flow in medium flood at Guddu and Sukkur Reach with downstream flow of 4,16,000 cusecs, sources at Federal Flood Commission told Business Recorder here on Friday. The river was flowing in low flood at Tarbela, Kalabagh, Cha
Published 30 Jul, 2005 12:00am

Bridge Notes: Checkback Convention - an important bridge contrivance

Question. What is the implication of Checkback Convention. Please let us know in what situation of the game it can be applied? Abdul Hakeem, F. B. Area, Karachi. Answer. Your letter in detail regarding bridge conventions and query about Chec
Published 30 Jul, 2005 12:00am

'Pakistan achieves remarkable turnaround during 2000-04'

Pakistan achieved a remarkable turnaround during 2000-04, marked by a sharp macroeconomic adjustments towards sustainable external balance and a resumption, followed by acceleration in economic growth. However, some impediments to domestic and foreign inv
Published 30 Jul, 2005 12:00am

SPORTS WORLD: Failure of 'diplomatic' mission to ECB

The old colonial "masters" cannot be expected to oblige their former "subjects" on the one pretext or the other. But when a former "subject" tries to woo his old "master", he is ridiculed with contempt, as despite physical freedom, he is mentally a "most
Published 30 Jul, 2005 12:00am

One killed, three held as terrorists den busted

Security forces have dismantled a terrorists den near Miranshah in North Waziristan killing one terrorist seeking shelter in a Madrassah and arresting three others in an exchange of heavy fire, the Inter Services Public Relations (ISPR) said on Friday. Th
Published 30 Jul, 2005 12:00am

SPORTS WORLD: What is McGrath's place in history?

Glenn McGrath, the tall Australian opening bowler, almost single-handedly crushed England in the first Ashes Test at Lord's with a splendid haul of nine wickets for 82. As a bowler of rare skill with command of length and direction and a nasty yorker McGr
Published 30 Jul, 2005 12:00am

One killed, three held as terrorists den busted

Security forces have dismantled a terrorists den near Miranshah in North Waziristan killing one terrorist seeking shelter in a Madrassah and arresting three others in an exchange of heavy fire, the Inter Services Public Relations (ISPR) said on Friday. Th
Published 30 Jul, 2005 12:00am

TV THOUGHTS: Musharraf talks of NAB's war against corruption:

Hafeez Pirzada, General Arif (Retd) focus on Bhutto's hanging
Published 30 Jul, 2005 12:00am

''No change in government policy on car imports''

The government on Friday reiterated its full support to the booming local car manufacturing industry and made it clear that measures announced in the new budget and trade policy were only aimed at facilitating the Oversees Pakistanis.
Published 30 Jul, 2005 12:00am

Ghazals recorded in the voice of Abida Perveen

This past week a friend, who is also an ardent lover of devotional songs and melodic ghazals presented me an audio-cassette, asking me to comment on its sonic quality and the melodic input of Abida Perveen, whose rendition of seven ghazals and one kafi fo
Published 30 Jul, 2005 12:00am

'No change in government policy on car imports'

The government on Friday reiterated its full support to the booming local car manufacturing industry and made it clear that measures announced in the new budget and trade policy were only aimed at facilitating the Oversees Pakistanis.
Published 30 Jul, 2005 12:00am

LHORE CULTURAL DIARY: Waris Shah Conference

The 207th annual three-day urs (death anniversary) of Waris Shah, visit to Lahore of Indian participants in the World Punjabi Congress, an art exhibition by students of Punjab University Fine Arts Department and journalist Waris Mir's death anniversary ob
Published 30 Jul, 2005 12:00am

'No change in government policy on car imports'

The government on Friday reiterated its full support to the booming local car manufacturing industry and made it clear that measures announced in the new budget and trade policy were only aimed at facilitating the Oversees Pakistanis.
Published 30 Jul, 2005 12:00am

Reading can be fun!

Reading is very important. It is important to be an informed citizen to succeed in one's chosen career. The learning process begins in infancy. 'Read to your child' is a phrase often told to parents, but many of us do not have as much time as we would lik
Published 30 Jul, 2005 12:00am

Sindh to lift ban on allotment of land: Arbab

Chief Minister Sindh Dr Arbab Ghulam Rahim has said that the provincial government is considering to bring an amendment in the laws related to allotment of lands for industrial purposes, which was banned a few years back. However, he declared that it woul
Published 30 Jul, 2005 12:00am

Cardiovascular diseases - modern age gift

Cardiac aliments are one of many organic, systematic and psychological diseases the sedentary life style of the modern age has blessed us with. While infectious diseases, are getting eliminated (eg small pox, tuberculosis etc) cardiac diseases, are on the
Published 30 Jul, 2005 12:00am

Sindh to lift ban on allotment of land: Arbab

Chief Minister Sindh Dr Arbab Ghulam Rahim has said that the provincial government is considering to bring an amendment in the laws related to allotment of lands for industrial purposes, which was banned a few years back. However, he declared that it woul
Published 30 Jul, 2005 12:00am

Road dagging: Bureaucracy's role in commuters sufferings

Once again road digging has begun all over the city in the name of development and improvement of road network to facilitate smooth flow of vehicular traffic. The dual road passing through the Sir Syed Girls College and the Rizvia Society has been complet
Published 30 Jul, 2005 12:00am

Sindh to lift ban on allotment of land: Arbab

Chief Minister Sindh Dr Arbab Ghulam Rahim has said that the provincial government is considering to bring an amendment in the laws related to allotment of lands for industrial purposes, which was banned a few years back. However, he declared that it woul
Published 30 Jul, 2005 12:00am

CAPITAL CULTURAL SCENE: 'We: The subjects of surroundings'

The weather has become definitely cooler but suffocatingly humid. Mango, the king of fruits is flooding the market in all varieties and shapes. World is really getting smaller as the tremors of London bomb blasts were felt in our capital.
Published 30 Jul, 2005 12:00am

PIA signs PACI Principles

In its endeavour to bring transparency in its procurement and operational excellence, PIA has signed the Partnering Against Corruption Initiative (PACI) Principles and, thus, joined the rank of enterprises committed to anti-corruption principles.
Published 30 Jul, 2005 12:00am

Ecological imbalance & remedies

What is engaging the minds of the world and the contemporary man today is the fundamental problem of ecological imbalance and solution thereof. The most pressing problem is survival - the survival of humanity and the survival of four planet itself.
Published 30 Jul, 2005 12:00am

Indian shippers propose Karachi Port utilisation

The Indian shipping companies have proposed to their government to utilise Karachi seaport for trade between Rajasthan and Ahmedabad. The Karachi seaport is the most suitable and instrumental for reducing trade deficit of Indian Northern Areas, Shipper''s
Published 30 Jul, 2005 12:00am

London bombings: Other side of the story

On July 7, the day of bombings in the British capital, Benjamin Netanyahu, former prime minister and present finance minister of Israel, was to use the London subway at the same time to attend an economic conference at a hotel near the scene of one of the
Published 30 Jul, 2005 12:00am

Indian shippers propose Karachi Port utilisation

The Indian shipping companies have proposed to their government to utilise Karachi seaport for trade between Rajasthan and Ahmedabad. The Karachi seaport is the most suitable and instrumental for reducing trade deficit of Indian Northern Areas, Shipper's
Published 30 Jul, 2005 12:00am

All in a day's work! - Victim of justice

Am sad!
Published 30 Jul, 2005 12:00am

Indian shippers propose Karachi Port utilisation

The Indian shipping companies have proposed to their government to utilise Karachi seaport for trade between Rajasthan and Ahmedabad. The Karachi seaport is the most suitable and instrumental for reducing trade deficit of Indian Northern Areas, Shipper's
Published 30 Jul, 2005 12:00am

CURRENT TOPICS: Talk of the town

Once again "Terror" has become the talk of the town. We have known incidents of violence and bloodshed around the world which grieve us because of the innocent lives lost but willy nilly we have learnt to live with it. The 7th July London bombings have su
Published 30 Jul, 2005 12:00am

Saran to attend Saarc body meeting in Islamabad

Indian Foreign Secretary Shyam Saran will proceed to Pakistan on August 16 to attend two-day meeting of South Asian Association for Regional Co-operation (Saarc) Standing Committee for the preparation of Saarc Summit, to be held in Dhaka in November this
Published 30 Jul, 2005 12:00am

A paradigm shift in human development

Human Development is a "Process of Enlarging Choices". Pakistan that stands 140th in the index of human development, needs to address the situation not only as a priority but as a matter of "National Security".
Published 30 Jul, 2005 12:00am

Saran to attend Saarc body meeting in Islamabad

Indian Foreign Secretary Shyam Saran will proceed to Pakistan on August 16 to attend two-day meeting of South Asian Association for Regional Co-operation (Saarc) Standing Committee for the preparation of Saarc Summit, to be held in Dhaka in November this
Published 30 Jul, 2005 12:00am

Assembly-cum-manufacture of Nissan cars to be restarted

Ghandhara Nissan Limited (GNL) has made all the arrangements to restart local assembly cum manufacturing of NISSAN cars by middle of 2006.In an Interview Executive Director Marketing GNL, Muazzam Pervaiz Khan said that GNL has two most modern assembly pla
Published 30 Jul, 2005 12:00am

Microsoft sees growth with premium Office, Windows

Microsoft Corp aims to boost growth and win market share by introducing premium versions of its flagship Office and Windows products for high-end corporate use, Chief Executive Steve Ballmer said on Thursday.
Published 30 Jul, 2005 12:00am

GNL and market leader of heavy trucks

President GNL Lieutenant General (Retd) Ali Kuli Khan Khattak in an interview with Business Recorder said that in addition to its core business of sale and assembly of "Nissan Motors' and Nissan Diesel" products, the sponsors of GNL, Bibojee Servic
Published 30 Jul, 2005 12:00am

Chevron and Unocal profit beat forecasts

Chevron Corp and its take-over target Unocal Corp both reported better-than-expected quarterly profit on Friday, but poor refining results took some of the shine off Chevron's numbers. Chevron, which is locked in a battle with Chinese oil firm CNOOC Ltd t
Published 30 Jul, 2005 12:00am

BERGER at the forefront

The BERGER name has been associated with paint manufacturing for almost two centuries. The BERGER group has worldwide affiliations, with companies operating in 46 countries. In Pakistan, the history of BERGER is as old as the history of organised paint ma
Published 30 Jul, 2005 12:00am

Chevron and Unocal profit beat forecasts

Chevron Corp and its take-over target Unocal Corp both reported better-than-expected quarterly profit on Friday, but poor refining results took some of the shine off Chevron's numbers. Chevron, which is locked in a battle with Chinese oil firm CNOOC Ltd t
Published 30 Jul, 2005 12:00am

Master Group of Industries: the spirit of excellence

Master Group of Industries, one of the most vibrant entrepreneurs, born in 1963, with a modern and realistic approach towards growth through innovative technology and quality manufacturing. A company with determination and vigor aimed towards diversifying
Published 30 Jul, 2005 12:00am

Iraqi Kurds want partial control of northern oilfields

Iraq's Kurds want at least partial control over northern oil resources in a post-war political system that ends uneven distribution of wealth, Planning Minister Barham Salih said on Friday.
Published 30 Jul, 2005 12:00am

ICI's contribution to automotive industry

The Automotive Industry in Pakistan has experienced phenomenal growth in the recent past and is expected to deliver even more growth in the future. ICI Industrial Coatings has been able to deliver Paint, which is one of the most important and complex comp
Published 30 Jul, 2005 12:00am

KSE seeks cut in margin

The Karachi Stock Exchange (KSE) has sent a communiqué to the Securities Exchange Commission of Pakistan (SECP), seeking permission to reduce the margin on trade, making it less expensive.
Published 30 Jul, 2005 12:00am

BANK ALFALAH LIMITED: quality services with distinction

Bank Alfalah Limited emerged on the Pakistani banking scene following the privatisation of Habib Credit & Exchange bank in 1997. With the support of the Abu Dhabi Group and driven by strategic goals set out by its Board and management, Bank Alfalah has ev
Published 30 Jul, 2005 12:00am

KSE seeks cut in margin

The Karachi Stock Exchange (KSE) has sent a communiqué to the Securities Exchange Commission of Pakistan (SECP), seeking permission to reduce the margin on trade, making it less expensive.
Published 30 Jul, 2005 12:00am

Askari Commercial Bank Limited

THE VISION: To be the Bank of first Choice in the Region
Published 30 Jul, 2005 12:00am

KSE seeks cut in margin

The Karachi Stock Exchange (KSE) has sent a communiqué to the Securities Exchange Commission of Pakistan (SECP), seeking permission to reduce the margin on trade, making it less expensive.
Published 30 Jul, 2005 12:00am

Pakistan Machine Tool Factory

Pakistan Machine Tool Factory (PMTF) is a precision and high-tech engineering goods manufacturing enterprise in Pakistan, established in technical collaboration with Messrs Oerlikon Buhrle & Co of Switzerland who are world's renowned manufacturers of Mach
Published 30 Jul, 2005 12:00am

Panel for enhancing cap to Rs 25 billion, ending bourses margins

Enhancing the cap of Rs 12 billion to Rs 20-25 billion for the next 30 days and restraining the stock exchanges from taking margins on trades funded by banks under the margin financing scheme are the two key recommendations made by the Shaukat Tarin commi
Published 30 Jul, 2005 12:00am

Hinopak Motors Limited: the largest manufacturer of trucks and buses in Pakistan

Hino - from generation to generation, believes in the transfer of technology. With strict quality control and constant supervision of Japanese experts, landmark technologies have been successfully transferred from Hino Japan to Hinopak in the past and wil
Published 30 Jul, 2005 12:00am

Panel for enhancing cap to Rs 25 billion, ending bourses margins

Enhancing the cap of Rs 12 billion to Rs 20-25 billion for the next 30 days and restraining the stock exchanges from taking margins on trades funded by banks under the margin financing scheme are the two key recommendations made by the Shaukat Tarin commi
Published 30 Jul, 2005 12:00am

PSO: meeting the country's fuel needs

Pakistan State Oil (PSO) is the oil market leader in Pakistan having around 80% share of Black Oil market and around 57% share of White Oil market. FY 05 has been marked by national and global recognition of PSO's corporate transformation and strategic de
Published 30 Jul, 2005 12:00am

Panel for enhancing cap to Rs 25 billion, ending bourses margins

Enhancing the cap of Rs 12 billion to Rs 20-25 billion for the next 30 days and restraining the stock exchanges from taking margins on trades funded by banks under the margin financing scheme are the two key recommendations made by the Shaukat Tarin commi
Published 30 Jul, 2005 12:00am

Chery cars launched in Pakistan

The Chery QQ car was launched in Pakistan with immense fanfare at the Karachi Sheraton Hotel and Towers on June 14, 2005. His Excellency Dr Arbab Rahim Khan, Chief Minsister of Sindh along with His Excellency Zhang Chun Xiang the Chinese Ambassador to Pak
Published 30 Jul, 2005 12:00am

Equities fail to recover on ISE

Equities failed to recover at the Islamabad Stock Exchange (ISE) where bears commanded the proceedings amid decrease in index. ISE Network Index showed a decrease of 26.39 points as the rate-based indicator moved from 111,88.56 to 112,14.95 points. The ov
Published 30 Jul, 2005 12:00am

Pakistan's auto industry heading for doldrums?

The history of Pakistan's Automobile Industry dates back to the 50's when General Motors established a bus-manufacturing unit. Another major milestone was achieved with Pak Suzuki starting operations in the early 80's. In the early 90's Indus Motor Compan
Published 30 Jul, 2005 12:00am

Equities fail to recover on ISE

Equities failed to recover at the Islamabad Stock Exchange (ISE) where bears commanded the proceedings amid decrease in index. ISE Network Index showed a decrease of 26.39 points as the rate-based indicator moved from 111,88.56 to 112,14.95 points. The ov
Published 30 Jul, 2005 12:00am

Issues of the automotive industry and their solution

Automotive industry in developed economies forms about 10 % of the GDP. Amazingly in little Vietnam, it is a much higher percentage because of the advantages it offered to those who wanted to out shore their operations. In Pakistan too, it contributes sub
Published 30 Jul, 2005 12:00am

Share values depict weakness on LSE

Share values depicted weakness on Lahore Stock Exchange (LSE) on last trading day of the week, as the meeting of Tareen Committee on COT ended without reaching a final conclusion, that disappointed people. However, there was some improvement in volume, bu
Published 30 Jul, 2005 12:00am

Engineering Development Board: shifting paradigms

The Engineering Development Board had been restructured recently with induction of private sector and enhanced role in development of the engineering sector of Pakistan. Engineering goods account for 63% of the world trade (US $3,700 billion) and there is
Published 30 Jul, 2005 12:00am

Share values depict weakness on LSE

Share values depicted weakness on Lahore Stock Exchange (LSE) on last trading day of the week, as the meeting of Tareen Committee on COT ended without reaching a final conclusion, that disappointed people. However, there was some improvement in volume, bu
Published 30 Jul, 2005 12:00am

Anomaly committee asked to reduce duty on two items only

The Central Board of Revenue (CBR) has recommended to the anomaly committee to reduce customs duty on the import of brass flat wire (Pakistan Customs Tariff heading 7408.2100) to 15 percent. The CBR has also suggested reduction in customs duty on glass fi
Published 30 Jul, 2005 12:00am

Suicide attack kills 25 in Iraq

A suicide bomber blew himself up amidst a group of Iraqi army recruits in northern Iraq on Friday, killing 25 people and wounding 35, as Muslims protested in Baghdad against alleged government torture. Police said the attack occurred outside a municipal b
Published 30 Jul, 2005 12:00am

China says float mechanism to set yuan rate

China's central bank governor said on Friday that recent trading in the yuan after last week's revaluation showed the currency reflected supply and demand as well as moves in other currencies.
Published 30 Jul, 2005 12:00am

Suicide attack kills 25 in Iraq

A suicide bomber blew himself up amidst a group of Iraqi army recruits in northern Iraq on Friday, killing 25 people and wounding 35, as Muslims protested in Baghdad against alleged government torture. Police said the attack occurred outside a municipal b
Published 30 Jul, 2005 12:00am

Australian and New Zealand stocks at new highs, miners lead gains

Australian and New Zealand stocks rebounded on Friday to end at record closing highs, with strong metal prices boosting miners like BHP Billiton and Rio Tinto to fresh peaks. The benchmark Australian S&P/ASX 200 index climbed 21.0 points, or 0.5 percent,
Published 30 Jul, 2005 12:00am

Pakistan signs Asean anti-terror cooperation agreement

Pakistan agreed on Friday to cooperate with 10 Southeast Asian nations to fight terrorism, saying it needed the help of all countries to root out the menace. Pakistan signed an Association of Southeast Asian Nations (Asean) anti-terror co-operation agreem
Published 30 Jul, 2005 12:00am

ONIC sees lower French wheat yields but quality good

France's wheat crop, of which two thirds has been harvested, should be just below 36 million tonnes this summer due to lower yields but the quality was good, French office ONIC and grain producers said on Thursday. In its estimate earlier this month, ONIC
Published 30 Jul, 2005 12:00am

Pakistan signs Asean anti-terror cooperation agreement

Pakistan agreed on Friday to cooperate with 10 Southeast Asian nations to fight terrorism, saying it needed the help of all countries to root out the menace. Pakistan signed an Association of Southeast Asian Nations (Asean) anti-terror co-operation agreem
Published 30 Jul, 2005 12:00am

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 27	293.94

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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