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Print - 2010-08-05
PTCL providing medical assistance to flood-affected people

PTCL providing medical assistance to flood-affected people

Pakistan Telecommunication Company Ltd (PTCL) in order to reduce the suffering of people in flood affected areas has established medical camps in northern areas. According to PTCL spokesperson, medical camps have been established in Nowshera, Peshawer, Ch
Published 05 Aug, 2010 12:00am
Trade facilitation crucial for economic well-being in South Asia: GoG

Trade facilitation crucial for economic well-being in South Asia: GoG

H E Dr Shivinder Singh Sidhu, Governor of Goa (GoG), has urged upon the respective governments in the South Asia to take adequate and compatible measures to facilitate trade facilitation in South Asia, regarding it a crucial element for economic well bein
Published 05 Aug, 2010 12:00am
MQM lashes out at LEAs

MQM lashes out at LEAs

Muttahida Qaumi Movement's (MQM) Co-ordination Committee member Wasey Jaleel lashed out at the law enforcement agencies for arresting and opening fire at its activists in various parts of the violence-hit city. Addressing a press briefing at party's headq
Published 05 Aug, 2010 12:00am
Illegal telecom traffic causing $25 million loss: PTA informs ECC

Illegal telecom traffic causing $25 million loss: PTA informs ECC

Pakistan is losing $25 million precious foreign exchange per month due to illegal telecom traffic, Business Recorder has learnt reliably. The Pakistan Telecommunication Authority (PTA) made this shocking disclosure before Economic Co-ordination Com
Published 05 Aug, 2010 12:00am
US embassy reception: flood victims' plight dominates discussion

US embassy reception: flood victims' plight dominates discussion

The spokes-man of US embassy gave a reception in honour of the newly elected diplomatic journalist association. The monsoon flooding which killed score of people in Pakistan and displaced 2 million people dominated the discussion in this reception. In an
Published 05 Aug, 2010 12:00am
Sindh's expected 'super flood' to be a test: GOC

Sindh's expected 'super flood' to be a test: GOC

General Officer Commanding (GOC) Major General Shoukat Iqbal has said that Sindh would face a super flood, which would be a test for us also. He was expressing his views at a briefing given by the district administration. The GOC said that river embankmen
Published 05 Aug, 2010 12:00am
Quaid-e-Azam University offers scholarships for flood affectees

Quaid-e-Azam University offers scholarships for flood affectees

Quaid-e-Azam University Alumni Association Pakistan has offered fifteen need based scholarships for the students belonging to flood affected areas. These scholarships would be awarded on annual basis to the students who would be enrolled at Quaid-e-Azam U
Published 05 Aug, 2010 12:00am
PN rescue operation in full swing

PN rescue operation in full swing

Pakistan Navy has placed its bases and units in Sindh and Creek areas on high alert. A Navy press release here on Wednesday said that 10 Search and Rescue teams had been deployed to meet any eventuality in Kashmore, Pano Aqil, Gotki, Sukkur and adjoining
Published 05 Aug, 2010 12:00am
Flood relief camps set up for animals

Flood relief camps set up for animals

The University of Veterinary and Animal Sciences (UVAS) sent a delegation of volunteer students along with teachers to set up relief camps for extending help to the flood effectees. This arrangement was made by UVAS volunteers in collaboration with Punjab
Published 05 Aug, 2010 12:00am
Stabilising Afghanistan: open discussions among regional countries urged

Stabilising Afghanistan: open discussions among regional countries urged

It is important to have open discussions among regional countries regarding the stability of Afghanistan, said Indian scholar Dr Smruti Pattanaik at the international seminar on "Stabilising Afghanistan: Regional Perspectives and Prospects", which started
Published 05 Aug, 2010 12:00am
Qureshi briefs heads of diplomatic missions

Qureshi briefs heads of diplomatic missions

Foreign Minister Makhdoom Shah Mahmood Qureshi briefed Islamabad based heads of diplomatic missions on the flood situation in the country and damages caused to infrastructure, houses and crops. He thanked the international community for the relief assista
Published 05 Aug, 2010 12:00am
Pak High Commission appeals to Malaysians for aid

Pak High Commission appeals to Malaysians for aid

Pakistan High Commission in Malaysia has made an appeal to Malaysians and Pakistani expatriates to generously donate in cash and help Pakistani government to alleviate suffering of flood affectees. Over 3.2 million people are affected in floods in various
Published 05 Aug, 2010 12:00am
The Weather

The Weather

The weather report on Wednesday (August 04, 2010) and the forecast for Thursday (August 05, 2010).

Published 05 Aug, 2010 12:00am
UN rushes special envoy to assess floods

UN rushes special envoy to assess floods

UN chief Ban Ki-moon is rushing special envoy Jean-Maurice Ripert to Pakistan to assess the dire flood situation and the relief effort, his spokesman said Wednesday. Ripert, the UN special envoy in charge of humanitarian affairs for Pakistan, would arrive
Published 05 Aug, 2010 12:00am
Key stock and currency market movements

Key stock and currency market movements

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 05 Aug, 2010 12:00am
Fehmida establishes Speaker's Relief Fund

Fehmida establishes Speaker's Relief Fund

Dr Fehmida Mirza, Speaker, National Assembly has established Speaker's Relief Fund in Allied Bank, Parliament House Branch to collect funds to facilitate the affectees of the devastated floods triggered by torrential rains in Khyber-Pakhtunkhwa and Punjab
Published 05 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 05 Aug, 2010 12:00am
'Government aims at minimising sufferings of flood victims'

'Government aims at minimising sufferings of flood victims'

Prime Minister Syed Yousuf Raza Gilani said on Wednesday that the government was handling the flood situation according to a strategy aimed to minimise the sufferings of the affected people in minimum possible time. Efforts are also focused on restoration
Published 05 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 05 Aug, 2010 12:00am
President inquires about health of Wattoo

President inquires about health of Wattoo

President Asif Ali Zardari, who is currently in London, telephonically inquired about the health of Federal Minister for Kashmir Affairs, Main Manzoor Ahmed Wattoo and prayed for his early recovery and good health. The President also sent a bouquet for th
Published 05 Aug, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (August 04, 2010).

Published 05 Aug, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (August 04, 2010) and for Thursday (August 05, 2010)
Published 05 Aug, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (August 04, 2010).

Published 05 Aug, 2010 12:00am
FSC Chief Justice, employees donate two-day salary

FSC Chief Justice, employees donate two-day salary

Chief Justice of the Federal Shariat Court (FSC) Justice Agha Rafiq Ahmed Khan and judges have donated their two-day salaries to flood victims and decided to deposit it in Prime Minister's Fund. Likewise, the employees of this court shall also deposit the
Published 05 Aug, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 04, 2010).

Published 05 Aug, 2010 12:00am
Food fears for flood survivors

Food fears for flood survivors

Desperate survivors crushed into relief centres Wednesday after Pakistan's worst floods in living memory as officials feared a food crisis could compound the humanitarian disaster. With over three million people affected by the flooding, Prime Minister Yo
Published 05 Aug, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 04, 2010).

Published 05 Aug, 2010 12:00am
Petraeus issues new rules to avoid civilian casualties

Petraeus issues new rules to avoid civilian casualties

General David Petraeus has issued new rules to troops in Afghanistan, telling them to "redouble" efforts to avoid civilian deaths - seen as a crucial issue in winning the increasingly unpopular war. The head of US and Nato forces in Afghanistan told comma
Published 05 Aug, 2010 12:00am
Petraeus issues new rules to avoid civilian casualties

Petraeus issues new rules to avoid civilian casualties

General David Petraeus has issued new rules to troops in Afghanistan, telling them to "redouble" efforts to avoid civilian deaths - seen as a crucial issue in winning the increasingly unpopular war. The head of US and Nato forces in Afghanistan told comma
Published 05 Aug, 2010 12:00am
Power tariff raised by 63.6 percent in 30 months

Power tariff raised by 63.6 percent in 30 months

The PPP-led government increased power tariff by 63.6 percent during last two and a half years. This was stated by sources in the Ministry of Water and Power while presenting an alarming picture before the Ministry of Petroleum and Natural Resources to co
Published 05 Aug, 2010 12:00am
THE RUPEE: modest rise against dollar

THE RUPEE: modest rise against dollar

Slight recovery was seen in the value of the rupee against dollar on the currency market on Wednesday, dealers said. On the interbank market, the rupee posted a gain of 13 paisa in relation to dollar for buying at 85.65 and 12 paisa for selling at 85.70,
Published 05 Aug, 2010 12:00am
Power tariff raised by 63.6 percent in 30 months

Power tariff raised by 63.6 percent in 30 months

The PPP-led government increased power tariff by 63.6 percent during last two and a half years. This was stated by sources in the Ministry of Water and Power while presenting an alarming picture before the Ministry of Petroleum and Natural Resources to co
Published 05 Aug, 2010 12:00am
THE RUPEE: modest rise against dollar

THE RUPEE: modest rise against dollar

Slight recovery was seen in the value of the rupee against dollar on the currency market on Wednesday, dealers said. On the interbank market, the rupee posted a gain of 13 paisa in relation to dollar for buying at 85.65 and 12 paisa for selling at 85.70,
Published 05 Aug, 2010 12:00am
Power tariff raised by 63.6 percent in 30 months

Power tariff raised by 63.6 percent in 30 months

The PPP-led government increased power tariff by 63.6 percent during last two and a half years. This was stated by sources in the Ministry of Water and Power while presenting an alarming picture before the Ministry of Petroleum and Natural Resources to co
Published 05 Aug, 2010 12:00am
Saudi firms face $1.3 million fine over BlackBerry order

Saudi firms face $1.3 million fine over BlackBerry order

Saudi telecom companies will face a fine of 1.3 million dollars if they fail to comply with the regulator''s order to suspend BlackBerry services, a company official told AFP on Wednesday. "The companies will comply with the decision as those who don''t w
Published 05 Aug, 2010 12:00am
Saudi firms face $1.3 million fine over BlackBerry order

Saudi firms face $1.3 million fine over BlackBerry order

Saudi telecom companies will face a fine of 1.3 million dollars if they fail to comply with the regulator's order to suspend BlackBerry services, a company official told AFP on Wednesday. "The companies will comply with the decision as those who don't wil
Published 05 Aug, 2010 12:00am
Saudi firms face $1.3 million fine over BlackBerry order

Saudi firms face $1.3 million fine over BlackBerry order

Saudi telecom companies will face a fine of 1.3 million dollars if they fail to comply with the regulator's order to suspend BlackBerry services, a company official told AFP on Wednesday. "The companies will comply with the decision as those who don't wil
Published 05 Aug, 2010 12:00am
PaCCS to continue operation till September-end

PaCCS to continue operation till September-end

Pakistan Automated Customs Clearance System (PaCCS), which was to close down on July 31, will now continue to operate during the next two months, an official source told Business Recorder. On the expiry of this extension, the government and the Fed
Published 05 Aug, 2010 12:00am
PaCCS to continue operation till September-end

PaCCS to continue operation till September-end

Pakistan Automated Customs Clearance System (PaCCS), which was to close down on July 31, will now continue to operate during the next two months, an official source told Business Recorder. On the expiry of this extension, the government and the Fed
Published 05 Aug, 2010 12:00am
PaCCS to continue operation till September-end

PaCCS to continue operation till September-end

Pakistan Automated Customs Clearance System (PaCCS), which was to close down on July 31, will now continue to operate during the next two months, an official source told Business Recorder. On the expiry of this extension, the government and the Fed
Published 05 Aug, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (August 04, 2010).

Published 05 Aug, 2010 12:00am
APCNGA rejects SNGPL demand

APCNGA rejects SNGPL demand

All Pakistan CNG Association on Wednesday rejected the demand of Sui Northern Gas Pipeline Limited (SNGPL) to increase the gas tariff by Rs 30 per mmbtu and announced to open all CNG stations during gas holidays. Oil and Gas Regulatory Authority (Ogra) he
Published 05 Aug, 2010 12:00am
APCNGA rejects SNGPL demand

APCNGA rejects SNGPL demand

All Pakistan CNG Association on Wednesday rejected the demand of Sui Northern Gas Pipeline Limited (SNGPL) to increase the gas tariff by Rs 30 per mmbtu and announced to open all CNG stations during gas holidays. Oil and Gas Regulatory Authority (Ogra) he
Published 05 Aug, 2010 12:00am
APCNGA rejects SNGPL demand

APCNGA rejects SNGPL demand

All Pakistan CNG Association on Wednesday rejected the demand of Sui Northern Gas Pipeline Limited (SNGPL) to increase the gas tariff by Rs 30 per mmbtu and announced to open all CNG stations during gas holidays. Oil and Gas Regulatory Authority (Ogra) he
Published 05 Aug, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Aug, 2010 12:00am
Seven hurt in cracker blast at mosque

Seven hurt in cracker blast at mosque

Some seven persons received minor injuries in a low-intensity blast of a cracker in Masjid-e-Suroor, North Nazimabad here on Wednesday. Station House Officer, Police Station Temoria, Irshad Ahmed told APP that the cracker was thrown into the mosque.
Published 05 Aug, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Aug, 2010 12:00am
Seven hurt in cracker blast at mosque

Seven hurt in cracker blast at mosque

Some seven persons received minor injuries in a low-intensity blast of a cracker in Masjid-e-Suroor, North Nazimabad here on Wednesday. Station House Officer, Police Station Temoria, Irshad Ahmed told APP that the cracker was thrown into the mosque.
Published 05 Aug, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 05 Aug, 2010 12:00am
IHK unrest derails train services, fuel supplies

IHK unrest derails train services, fuel supplies

Violent protests in Indian held Kashmir have forced the suspension of train services and fuel supplies to the Muslim-majority region, officials said Wednesday. Anand Sharma, president of the occupied Jammu and Kashmir Tankers' Association, which supplies
Published 05 Aug, 2010 12:00am
IHK unrest derails train services, fuel supplies

IHK unrest derails train services, fuel supplies

Violent protests in Indian held Kashmir have forced the suspension of train services and fuel supplies to the Muslim-majority region, officials said Wednesday. Anand Sharma, president of the occupied Jammu and Kashmir Tankers' Association, which supplies
Published 05 Aug, 2010 12:00am
'Zardari-Cameron meeting to help remove misperception'

'Zardari-Cameron meeting to help remove misperception'

Federal Minister for Information and Broadcasting Qamar Zaman Kaira has said the Friday's crucial meeting between President Asif Ali Zardari and David Cameron will go a long way in correcting the perception about Pakistan following British Prime Minister
Published 05 Aug, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 05 Aug, 2010 12:00am
Zardari phones Brown

Zardari phones Brown

President Asif Ali Zardari spoke on telephone with the former British Prime Minister Gordon Brown on Wednesday and discussed bilateral relations and regional situation, Presidential spokesman Farhatullah Babar said. Brown was the Labour Prime Minister fro
Published 05 Aug, 2010 12:00am
Zardari phones Brown

Zardari phones Brown

President Asif Ali Zardari spoke on telephone with the former British Prime Minister Gordon Brown on Wednesday and discussed bilateral relations and regional situation, Presidential spokesman Farhatullah Babar said. Brown was the Labour Prime Minister fro
Published 05 Aug, 2010 12:00am
Kerry on the historic flooding

Kerry on the historic flooding

In response to the worst flooding in Pakistan's history, Senate Foreign Relations Committee Chairman John Kerry on Wednesday issued the following statement: "I offer my deepest sympathy to the victims of the deadly floods, which have devastated north-west
Published 05 Aug, 2010 12:00am
ISE index up by 4.81 points

ISE index up by 4.81 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in the index. ISE Ten Index showed an increase of 04.81 points as the Index moved from 2,619.73 to 2,6
Published 05 Aug, 2010 12:00am
ISE index up by 4.81 points

ISE index up by 4.81 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in the index. ISE Ten Index showed an increase of 04.81 points as the Index moved from 2,619.73 to 2,6
Published 05 Aug, 2010 12:00am
LSE index decline 1.43 points

LSE index decline 1.43 points

Bullish sentiment dominated at the Lahore Stock Exchange on Wednesday where equities kept on rising amid ascending trading turnover, following fresh buying in oil, cement and fertiliser shares. Yet the LSE-25 index declined slightly, by 1.43 points, and c
Published 05 Aug, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (August 04, 2010).

Published 05 Aug, 2010 12:00am
LSE index decline 1.43 points

LSE index decline 1.43 points

Bullish sentiment dominated at the Lahore Stock Exchange on Wednesday where equities kept on rising amid ascending trading turnover, following fresh buying in oil, cement and fertiliser shares. Yet the LSE-25 index declined slightly, by 1.43 points, and c
Published 05 Aug, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (August 04, 2010).

Published 05 Aug, 2010 12:00am
BRIndex30 gains 8.18 points

BRIndex30 gains 8.18 points

On Wednesday, the BRIndex30 opened at 8,219.19 points and remained in positive throughout the trading session. It touched intra-day high of 8,298.72 points and low of 8,219.19 points and closed at 8,227.37 points with a net positive change of 8.18 points,
Published 05 Aug, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (August 04, 2010).

Published 05 Aug, 2010 12:00am
BRIndex30 gains 8.18 points

BRIndex30 gains 8.18 points

On Wednesday, the BRIndex30 opened at 8,219.19 points and remained in positive throughout the trading session. It touched intra-day high of 8,298.72 points and low of 8,219.19 points and closed at 8,227.37 points with a net positive change of 8.18 points,
Published 05 Aug, 2010 12:00am
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