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Print - 2011-07-05
FHIF, FHSF, FHCF declare final dividends 2010-2011

FHIF, FHSF, FHCF declare final dividends 2010-2011

The Board of Directors of Habib Asset Management Limited, the management company of First Habib Income Fund, First Habib Stock Fund and First Habib Cash Fund has declared Final Dividend for the year ended June 30, 2011 for the Unit holders of its respecti
Published 05 Jul, 2011 12:00am
APCNGA team meets minister

APCNGA team meets minister

A meeting was held by All Pakistan CNG Association (APCNGA) Chairman, Junaid Esmail Makda and his delegation with the Minister for Petroleum and Natural Resources Dr Asim Hussain at the Ministry of Petroleum and Natural Resources, Islamabad, where a landm
Published 05 Jul, 2011 12:00am
Pakistan beset by numerous challenges: Naval chief

Pakistan beset by numerous challenges: Naval chief

The 95th Midshipmen Commissioning and Fourth Short Service Commission (SSC) Class Passing Out Parade was held at the Pakistan Naval Academy, here on Monday. The Chief of the Naval Staff, Admiral Noman Bashir, was the chief guest at the ceremony. Speaking
Published 05 Jul, 2011 12:00am
'Pakistan should learn from Japanese SMEs'

'Pakistan should learn from Japanese SMEs'

"Pakistan should learn and adopt the strategies of Japanese SMEs to uplift the SMEs sector here in Pakistan, Jetro Pakistan and Karachi Chamber of Commerce and Industry (KCCI) may join hands for mutual co-operation to promote SMEs", stated by Muhammad Sae
Published 05 Jul, 2011 12:00am
Submission of exam forms: Karachi University announces dates

Submission of exam forms: Karachi University announces dates

University of Karachi has announced the dates for the submission of examination forms of Diploma in Child Health (DCH). The examination fee of Rs 3, 000 would be submitted in respective colleges till 15th of July 2011. Late fee Rs 500 per week would be ch
Published 05 Jul, 2011 12:00am
Call to extend Amnesty Scheme

Call to extend Amnesty Scheme

Amnesty Scheme should be extended to July 9 and Tax base should be broadened instead a burden on the exciting taxpayers. The taxpayers should avail the amnesty scheme offered by Federal Board of Revenue (FBR) by waiving penalties and surcharges on all ove
Published 05 Jul, 2011 12:00am
Meezan Bank gets 'Islamic Bank of the Year' award

Meezan Bank gets 'Islamic Bank of the Year' award

Meezan Bank has been awarded 'Islamic Bank of the Year' for 2010 by CFA Association of Pakistan (CFAAP) at its 8th annual Excellence Awards. CFA has recently introduced this award to recognise excellence in the commercial banking industry.
Published 05 Jul, 2011 12:00am
Australian envoy visits OICCI, KSE

Australian envoy visits OICCI, KSE

Ric Smith, the Australian Special Envoy to Pakistan and Afghanistan, visited the Overseas Investors' Chamber of Commerce and Industry (OICCI) to review business relationship between Australia and Pakistan and to gauge the overall economic and investment e
Published 05 Jul, 2011 12:00am
Smuggling may cause severe shortages of sugar in Ramazan

Smuggling may cause severe shortages of sugar in Ramazan

Some 0.25 million tons of sugar has been smuggled to neighbouring countries including Afghanistan and Iran which may cause severe shortage of sweetener besides witnessing high prices in coming days especially during the month of Holy Ramazan, sources told
Published 05 Jul, 2011 12:00am
Commerce Secretary casts a critical eye on Indo-Pak talks

Commerce Secretary casts a critical eye on Indo-Pak talks

Commerce Secretary Zafar Mehmood has expressed apprehension over the ongoing Indo-Pak talks, saying that these may prove unproductive if the Indian authorities did not communicate positive posture over the issue of EU trade concessions. He was speaking at
Published 05 Jul, 2011 12:00am
CNG dealers threaten to move courts

CNG dealers threaten to move courts

CNG dealers on Monday threatened to go in courts, if the government did not withdraw its decision to reduce the price gap between gas and petroleum products. This was stated by Abdul Sami Khan, Chairman CNG Dealers Association and Malik Khuda Baksh Presid
Published 05 Jul, 2011 12:00am
Fish harbour security: KFHA seeks PN marines' deployment

Fish harbour security: KFHA seeks PN marines' deployment

The Karachi Fish Harbour Authority (KFHA) has formally approached Pakistan Navy for deployment of its marines at the fish harbour to scale down chances of possible terror attacks at the adjacent sensitive shipyard and dockyard, officials said on Monday.
Published 05 Jul, 2011 12:00am
KESC welcomes ECC's decision to increase gas supply

KESC welcomes ECC's decision to increase gas supply

Karachi Electric Supply Company (KESC) has welcomed the decision of the Economic Co-ordination Committee of the federal cabinet to increase gas supply to KESC, and expressed hope that these decisions will be implemented as soon as possible in letter and s
Published 05 Jul, 2011 12:00am
Government failed to stop illegal trade of organs: Rizvi

Government failed to stop illegal trade of organs: Rizvi

Professor Dr Adibul Hasan Rizvi said despite organ and tissue transplantation law in the country, illegal trade of organs is still going on. He was addressing a press conference organised by Transplantation Society of Pakistan (TSP) here on Monday. On mul
Published 05 Jul, 2011 12:00am
Pakistanis cautioned against 'agent mafia'

Pakistanis cautioned against 'agent mafia'

Pakistan High Commission in Malaysia has advised Pakistani nationals to guard themselves against the agent mafia trying to misinterpret and misuse the Illegal Workers Management Programme under consideration by the Malaysian government. According to detai
Published 05 Jul, 2011 12:00am
Prime Minister lauds Saudi Arabia's role

Prime Minister lauds Saudi Arabia's role

Prime Minister Syed Yousuf Raza Gilani on Monday said that Pakistan enjoyed cordial brotherly relations with Saudi Arabia as it had always stood with Pakistan through thick and thin. He was talking to Interior Minister Rehman Malik here at the PM House. M
Published 05 Jul, 2011 12:00am
POL, LPG prices in Pakistan higher in region

POL, LPG prices in Pakistan higher in region

The prices of diesel, kerosene and LPG were higher in Pakistan, Sri Lanka and Nepal compared to India, Bangladesh and Bhutan, data collected by Business Recorder revealed. Diesel costs Rs 92.10 per litre in Pakistan and is available at Rs 71.69 Pak
Published 05 Jul, 2011 12:00am
Power tariff hike: high oil prices shifted to consumers, says Qamar

Power tariff hike: high oil prices shifted to consumers, says Qamar

Federal Minister for Water and Power Naveed Qamar on Monday said that the government had no option but to shift the increase in oil prices to the consumers in the shape of high power tariff. He was talking to media during his visit to Nespak House in Laho
Published 05 Jul, 2011 12:00am
Islamabad Police bust 279 gangs in 2011

Islamabad Police bust 279 gangs in 2011

During its ongoing drive against outlaws, Islamabad Police busted 279 gangs and arrested a total of 945 persons for their alleged involvement in different crimes, said a spokesman of Islamabad Police here on Monday.
Published 05 Jul, 2011 12:00am
LPG prices up Rs 8,000 per ton

LPG prices up Rs 8,000 per ton

In line with the Saudi Aramco Contract Price of July, LPG producers have increased prices from Rs 75,500 to Rs 83,500 per ton (inclusive of all taxes) with effect from 3rd July, 2011. This increase will translate into an increase of Rs 95 per domestic cyl
Published 05 Jul, 2011 12:00am
Military operations restore normalcy in Malakand: Governor

Military operations restore normalcy in Malakand: Governor

Governor, Khyber Pakhtukhwa, Barrister Masood Kausar, has said that as a result of successful military operations, normalcy have been restored in Malakand Division as well as most parts of Fata, while action against militants in certain parts of Fata is s
Published 05 Jul, 2011 12:00am
Counsel for Dr Khan submits reply on federation's plea

Counsel for Dr Khan submits reply on federation's plea

The counsel for renowned nuclear scientist Dr Abdul Qadeer Khan has submitted reply in Islamabad High Court (IHC) on a plea against him seeking restrictions on his free movement and for the implementation of IHC order of February 6, 2009.
Published 05 Jul, 2011 12:00am
ST post-refund audit: LTUs, RTOs given July 31 deadline

ST post-refund audit: LTUs, RTOs given July 31 deadline

The Federal Board of Revenue (FBR) Member Inland Revenue Khawar Khurshid Butt said on Monday that the FBR has given July 31, 2011 deadline to the Chief Commissioners of Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) to ensure completion of po
Published 05 Jul, 2011 12:00am
Gas line blown up in Dera Bugti

Gas line blown up in Dera Bugti

Unknown armed men blew up an eight-inch diameter gas pipeline in Dera Bugti on Monday. "Unknown men attached an explosive material with a pipeline in Pirkoh gas field and blew it up", police said. The sabotage act caused suspension of gas supply to the pl
Published 05 Jul, 2011 12:00am
Dry weather expected

Dry weather expected

Meteorological Department of Pakistan on Monday forecast a temporary halt in the monsoon rain for the next 36 to 48 hours, as dry weather is expected in most parts of the country. However, the office predicts more isolated rain and thundershower in Kashmi
Published 05 Jul, 2011 12:00am
No operation in Balochistan: Javed

No operation in Balochistan: Javed

Commander Southern Command Lieutenant General Javed Zia has said that there is no operation being carried out by army in any parts of the province. Law and order situation in the province is, though not satisfactory but one can notice much improvement com
Published 05 Jul, 2011 12:00am
Khyber Pakhtunkhwa government to take up power tariff issue with Centre

Khyber Pakhtunkhwa government to take up power tariff issue with Centre

The Khyber Pakhtunkhwa government will take up issue of power tariff with the federal government for provision of cheaper electricity to masses in the province. The provincial government is focusing to meet growing energy needs by initiating different hyd
Published 05 Jul, 2011 12:00am
'Implementation of ILO Convention may help boost exports'

'Implementation of ILO Convention may help boost exports'

Chaudhry Manzoor Ahmed, president Peoples Labour Federation (PLF) and former MNA, Monday urged the government to ratify and implement the ILO Convention on domestic workers in letter and in spirit, which is aimed at improving working conditions of million
Published 05 Jul, 2011 12:00am
Musical night: Adeel, Rimsha enthrall audience

Musical night: Adeel, Rimsha enthrall audience

Ghazal singer Adeel Barki and the dance performer Rimsha enthralled the audiences belong to different walks of life a day before in musical night organise by a five star hotel in Rawalpindi, says a press release issued here on Monday. The dancer and the g
Published 05 Jul, 2011 12:00am
MQM's grievances to be addressed, says Gilani

MQM's grievances to be addressed, says Gilani

Prime Minister Syed Yousuf Raza Gilani on Monday said the genuine grievances of Mutahidda Qaumi Movement (MQM) would be addressed to keep the coalition intact, in line with the government's reconciliation policy. He said the Pakistan Peoples Party would a
Published 05 Jul, 2011 12:00am
Sacrifices of policemen in war against terrorism lauded

Sacrifices of policemen in war against terrorism lauded

Willim Brownfield, Assistant Secretary of State, Bureau of International Narcotics and Law Enforcement Affairs has said that the efforts of police and other law enforcers of Pakistan are source of inspiration, as they played great part in war against terr
Published 05 Jul, 2011 12:00am
JCR-VIS upgrades Samba's short-term rating to A+

JCR-VIS upgrades Samba's short-term rating to A+

JCR-VIS Credit Rating Company has upgraded the short-term rating of Samba Bank Limited (Samba) from A to A+ (A to A plus) and reaffirmed its long-term rating at A-1 (A-One). The outlook on the above rating has also been confirmed as stable. These short an
Published 05 Jul, 2011 12:00am
JCR-VIS upgrades Samba's short-term rating to A+

JCR-VIS upgrades Samba's short-term rating to A+

JCR-VIS Credit Rating Company has upgraded the short-term rating of Samba Bank Limited (Samba) from A to A+ (A to A plus) and reaffirmed its long-term rating at A-1 (A-One). The outlook on the above rating has also been confirmed as stable. These short an
Published 05 Jul, 2011 12:00am
JCR-VIS assigns A/A-1 ratings to ABPL

JCR-VIS assigns A/A-1 ratings to ABPL

JCR-VIS Credit Rating Company Limited has assigned entity ratings of 'A/A-1' (single A/A-one) to Al Baraka Bank (Pakistan) Limited (ABPL). Outlook on the assigned ratings is 'stable'. ABPL is a subsidiary of Al Baraka Islamic Bank B.S.C. (C), Bahrain and
Published 05 Jul, 2011 12:00am
JCR-VIS assigns A/A-1 ratings to ABPL

JCR-VIS assigns A/A-1 ratings to ABPL

JCR-VIS Credit Rating Company Limited has assigned entity ratings of 'A/A-1' (single A/A-one) to Al Baraka Bank (Pakistan) Limited (ABPL). Outlook on the assigned ratings is 'stable'. ABPL is a subsidiary of Al Baraka Islamic Bank B.S.C. (C), Bahrain and
Published 05 Jul, 2011 12:00am
Sugar price fixation by TCP in violation of CCP rules: analysts

Sugar price fixation by TCP in violation of CCP rules: analysts

The Trading Corporation of Pakistan (TCP) has reportedly violated rules of Competition Commission of Pakistan (CCP) by fixing sugar price to be procured from Pakistan Sugar Mills Association (PSMA) at Rs 60 per kg. Analysts say that TCP's intention to pro
Published 05 Jul, 2011 12:00am
Whither politics

Whither politics

Politics is a dirty game of divide and rule. It is played by the politicians to befool the public. Politics suits the politicians to come in power with public votes. The voters in return get nothing except new masters who manipulate politics and play with
Published 05 Jul, 2011 12:00am
July 5, 1977 will go down as one of the darkest days

July 5, 1977 will go down as one of the darkest days

Fifth (5th) July 1977 was one of the darkest days in the history of Pakistan. Every year this day brings back the bitter memories of an adventure when a General in a bid to clinch power, consigned the country to the curse of a dictatorial rule, suspended
Published 05 Jul, 2011 12:00am
SPOTLIGHT: MQM's dilemma in focus!: Politics cannot move forward

SPOTLIGHT: MQM's dilemma in focus!: Politics cannot move forward

As we hurtle towards the next elections, with some hope and more alarm in our hearts, there is much talk among political leaders of forgetting the past or learning from the past, or of just letting bygones be bygones. But that is neither here nor there!
Published 05 Jul, 2011 12:00am
In the name of democracy

In the name of democracy

The recent elections in Azad Kashmir provided yet another example of 'democracy - Pakistan brand'. As with the 2008 general elections in Pakistan that heralded 'true' democracy (Musharraf-era democracy not being its true version), the common feature was t
Published 05 Jul, 2011 12:00am
The Weather

The Weather

The weather report on Monday (July 04, 2011) and the forecast for Tuesday (July 05, 2011).

Published 05 Jul, 2011 12:00am
It's Nirupama's swan song

It's Nirupama's swan song

The Indian Foreign Secretary Nirupama Rao's assertion that disengaging Pakistan in the wake of Mumbai attacks was wrong tends to suggest that truth about Pakistan's clean hands is gradually catching up with New Delhi. Ever since that event in 2008, no sen
Published 05 Jul, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
Budget 2011-12 and external assistance

Budget 2011-12 and external assistance

The budget for fiscal year 2011-12 envisages a total of 414 billion rupees (4.8 billion dollars) in external assistance (loans as well as grants). This amount is higher than the 387 billion rupees (4.5 billion dollars) budget estimates of 2010-11 and sign
Published 05 Jul, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
Waseela-e-Haq scheme: cheques distributed among 82 women

Waseela-e-Haq scheme: cheques distributed among 82 women

In charge PM's camp office Multan MPA Syed Ahmed Mujtuba Gilani and Senator Malik Salahuddin Dogar distributed cheques among 82 women amounting Rs 150,000 to each already elected after balloting draw in "Waseela-e-Haq" scheme of Benazir Income Support Pro
Published 05 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 05 Jul, 2011 12:00am
Illegal occupation: thousands of acres of fertile lands retrieved

Illegal occupation: thousands of acres of fertile lands retrieved

Khyber Pakhtunkwa, Minister for Agriculture, Arbab Ayub Jan has said the provincial government has retrieved thousands of acres of fertile agricultural lands of research farms in district D.l.Khan from illegal occupation. The minister further said that la
Published 05 Jul, 2011 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 05 Jul, 2011 12:00am
Kiln owners' strike enters third day

Kiln owners' strike enters third day

The strike of owners of kiln entered into third day in southern Punjab on Monday. This strike will continue till July 18. A delegation of Kiln Owners' Association on Sunday made an abortive attempt to meet Prime Minister Syed Yousuf Raza Gilani when they
Published 05 Jul, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
Norwegian NBT interested in setting up wind-power project

Norwegian NBT interested in setting up wind-power project

Norwegian company M/s NBT has expressed its interest to set up 500 MW wind-power project in Pakistan by investing about one billion dollar in the alternative energy sector. This was indicated by Arne Myre Chairman of NBT while talking to the Minister for
Published 05 Jul, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (July 04, 2011) and for Tuesday (July 05, 2011).
Published 05 Jul, 2011 12:00am
Textile industry may get additional 76 MMCFD gas

Textile industry may get additional 76 MMCFD gas

The government is likely to provide additional 76 MMCFD gas to textile industry from July 10, which would reduce the gas loadshedding to two days a week, it was learnt reliably. The Gas Supply Agreement (GSA) with four Independent Power Producers (IPPs) e
Published 05 Jul, 2011 12:00am
2010-11 proved to be a nightmare for cement sector: APCMA

2010-11 proved to be a nightmare for cement sector: APCMA

The fiscal year 2010-11, recently concluded, proved to be a nightmare for the cement sector as 80 percent of the cement manufacturers suffered huge losses on the back of stagnant local consumption and government failed to honour its commitment for payment
Published 05 Jul, 2011 12:00am
Pakistan believes in peaceful coexistence: Prime Minister

Pakistan believes in peaceful coexistence: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Monday said Pakistan was a responsible state and believed in peaceful coexistence in the region. He said the government had always encouraged the research work of various institutions that provide useful informati
Published 05 Jul, 2011 12:00am
Declaring Awan 'liable to death' Supreme Court summons Rana Sanaullah

Declaring Awan 'liable to death' Supreme Court summons Rana Sanaullah

Senior judge of Supreme Court (SC) Justice Javed Iqbal on Monday summoned Rana Sanaullah, Punjab Law Minister, on July 7 in his chamber for allegedly declaring Dr Babar Awan liable to be killed. Awan on June 20 filed an application in the human rights cel
Published 05 Jul, 2011 12:00am
'SIMAP playing vital role in modernisation of surgical industry'

'SIMAP playing vital role in modernisation of surgical industry'

Surgical instruments produced in Pakistan are used around the globe, saving lives a number of people every day, it is serving humanity. Pakistan's surgical instruments export to the world is $250 million per annum and to UK in 2010 is $23.19 million, whic
Published 05 Jul, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
APBUMA urges US to provide access to its market

APBUMA urges US to provide access to its market

Former Punjab Minister for industries Khawaja Muhammad Jalaluddin Roomi, Chairman of All Pakistan Bedsheet and Upholstery Manufacturers Association (APBUMA) has said that the US should fulfil its promises to develop infrastructure in Pakistan and also pro
Published 05 Jul, 2011 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
Pakistan, Afghanistan condemn loss of lives in terrorism

Pakistan, Afghanistan condemn loss of lives in terrorism

The Foreign Secretary and the Ambassador of the Islamic Republic of Afghanistan, Mohammad Umer Daudzai, had had an in-depth meeting, says a press release received here on Monday. Both sides paid particular attention to the prevailing situation created by
Published 05 Jul, 2011 12:00am
Despite rough patch in ties common goals exist: Munter

Despite rough patch in ties common goals exist: Munter

US Ambassador to Pakistan, Cameron Munter on Monday said Pakistan and the United States are going through a rough patch in relations, but the two aspire toward common goals - peace, freedom, tolerance and democracy. Addressing a reception in connection wi
Published 05 Jul, 2011 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
National database on Harassment Act to be launched today

National database on Harassment Act to be launched today

The National Implementation Watch Committee (NIWC) will launch a web-based national database to provide access to the latest developments about implementation of Anti-Sexual Harassment Act 2010 on Tuesday. NIWC Chairperson Fauzia Saeed told APP on Monday
Published 05 Jul, 2011 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
Military operation launched in Kurram region

Military operation launched in Kurram region

The Pakistan army said on Monday it had launched an air and ground offensive in Kurram region on the Afghan border, its first major military operation since the May 2 killing of Osama bin Laden. Army spokesman Major General Athar Abbas gave few details of
Published 05 Jul, 2011 12:00am
Military operation launched in Kurram region

Military operation launched in Kurram region

The Pakistan army said on Monday it had launched an air and ground offensive in Kurram region on the Afghan border, its first major military operation since the May 2 killing of Osama bin Laden. Army spokesman Major General Athar Abbas gave few details of
Published 05 Jul, 2011 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
LHC adjourns hearing on contempt petition

LHC adjourns hearing on contempt petition

The Lahore High Court (LHC) adjourned hearing on a petition against the Religious Affairs Secretary Shaukat Hayat Durrani and Director General Hajj Syed Abu Akif for defying the court orders regarding cancellation of quota allotted to private Hajj group o
Published 05 Jul, 2011 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
Sale of OGDCL bonds postponed indefinitely

Sale of OGDCL bonds postponed indefinitely

Privatisation Commission on Monday formally announced that the government has postponed Exchangeable Bonds of Oil and Gas Development Company Limited (OGDCL) worth $500 million indefinitely due to unfavourable conditions.
Published 05 Jul, 2011 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
Sale of OGDCL bonds postponed indefinitely

Sale of OGDCL bonds postponed indefinitely

Privatisation Commission on Monday formally announced that the government has postponed Exchangeable Bonds of Oil and Gas Development Company Limited (OGDCL) worth $500 million indefinitely due to unfavourable conditions.
Published 05 Jul, 2011 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
Sale of OGDCL bonds postponed indefinitely

Sale of OGDCL bonds postponed indefinitely

Privatisation Commission on Monday formally announced that the government has postponed Exchangeable Bonds of Oil and Gas Development Company Limited (OGDCL) worth $500 million indefinitely due to unfavourable conditions.
Published 05 Jul, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (July 04, 2011).

Published 05 Jul, 2011 12:00am
Sale of OGDCL bonds postponed indefinitely

Sale of OGDCL bonds postponed indefinitely

Privatisation Commission on Monday formally announced that the government has postponed Exchangeable Bonds of Oil and Gas Development Company Limited (OGDCL) worth $500 million indefinitely due to unfavourable conditions.
Published 05 Jul, 2011 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 25th June, 2011.

Published 05 Jul, 2011 12:00am
ECP says it has removed voters' list anomalies

ECP says it has removed voters' list anomalies

The Election Commission of Pakistan (ECP) informed the Supreme Court on Monday that as many as 37.1 million fake voters' names have been removed from the system of National Database Registration Authority (Nadra) whereas 36 million new voters registered a
Published 05 Jul, 2011 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 25th June, 2011.

Published 05 Jul, 2011 12:00am