Business Recorder articles from April 2010

Business Recorder archives from April 2010

Bullion Rates.
April 30, 2010... ================================== In rupees per 10 gram ================================== KARACHI ---------------------------------- Gold Tezabi 24 CT 31372.00 Silver Tezabi 471.42 ================================== Gold and silver rates in...

Lahore Grain Market Rates.
April 30, 2010... Byline: RECORDER REPORT ======================================= Per 100 kg ======================================= Sugar 5860/5880 Gur 6000/6200 Shakar 7000/8000 Ghee (16 kg) 1780/1920 Almond (Kaghzi) 23000/36000 Almond (Simple)...

Poultry Rates.
April 30, 2010... Byline: RECORDER REPORT Wholesale poultry rates on Thursday (April 29, 2010) and for Friday (April 30, 2010) Eggs: Rs. 1350/1355 per 30 dozen; Broiler Birds (live): Rs 130 per kilogram; Cull Birds (live): Rs 74 per kilo. RATES FOR...

Cotton Spot Rates.
April 30, 2010... Byline: RECORDER REPORT =========================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees ----------------------------------------------------------- FOR BASE GRADE 3 STAPLE LENGTH...

LME official prices.
April 30, 2010... Byline: RECORDER REPORT =================================================================================================== Aluminium Aluminium Copper Lead Nickel Tin Zinc...

LME official plastics prices.
April 30, 2010... Byline: RECORDER REPORT ========================================================================================= PP PA PE PN North LL LA LE LN North Global Asia Europe America Global Asia Europe...

Lahore Paper Market Rates.
April 30, 2010... Byline: RECORDER REPORT ============================================== OFFSET PAPER (PER LB) ============================================== Indonesia ---------------------------------------------- 23x36 75 57.00 27x34 75 57.00 25.5x36...

National Commodity Exchange Trading Summary.
April 30, 2010... Byline: RECORDER REPORT ======================================================================================================================== ===================== Date Commodity Contract Price Open High Low Close Traded Previous Current...

THE RUPEE: dollar rises marginally.
April 30, 2010... Byline: RECORDER REPORT The rupee was down against dollar on the interbank market on Thursday due to higher demand for the US currency, experts said. On the interbank market, the rupee was lower in relation to dollar, dropping two paisa at...

Kerb buying and selling rate of US dollar.
April 30, 2010... Byline: RECORDER REPORT ============================== Open Buying Rs.83.95 Open Selling Rs.84.05 ============================== Dollar buying and selling rate in the kerb market in rupees on Thursday (April 29, 2010). Copyright...

Dollar's rate in interbank market.
April 30, 2010... Byline: RECORDER REPORT ============================== Buying Rs.84.00 Selling Rs.84.04 ============================== Interbank closing rates for dollar on Thursday (April 29, 2010). Copyright 2010 Business Recorder

Shipping Intelligence.
April 30, 2010... Byline: RECORDER REPORT ===================================================================================== VESSELS ON BERTH ===================================================================================== Berth Ship Working Agent...

Gas: SUI NORTHERN GAS PIPELINES LIMITED - Analysis of Financial Statements Financial Year 2004 - 2001 H 2010.
April 30, 2010... Sui Northern Gas Pipelines Limited (SNGPL) is the largest integrated gas company in the country, involved in the distribution and transmission of gas in the north of the country....

Revised Rates of Debt Securities.
April 30, 2010... Byline: RECORDER REPORT ============================================================================================================== RATES OF DEBT...

Member to Member.
April 30, 2010... Byline: RECORDER REPORT ============================================================================== MEMBERS HAVE SUBSEQUENTLY REPORTED THE FOLLOWING TRANSACTIONS MEMBER TO...

Cross Transactions between Client to Client & Financial Institutions.
April 30, 2010... Byline: RECORDER REPORT ==================================================================== CROSS TRANSACTIONS BETWEEN CLIENT TO CLIENT & FINANCIAL...

Mutual Funds Association of Pakistan.
April 30, 2010... Byline: RECORDER REPORT ======================================================================================================================== ============ Names Asset Manager Category Offer Repurchase Validity of Fund Price...

Extension granted by the secp for holding of annual general meeting.
April 30, 2010... Byline: RECORDER REPORT ================================================================ Name of Company Year Ending Extension Granted upto ================================================================ The Bank of Punjab 31.12.2009...

Despatch of dividend warrants.
April 30, 2010... Byline: RECORDER REPORT ======================================================================================= Company Year Ended/Ending Dividend/Bonus Dispatched...

BRIndex30 and BR Sectoral Indices.
April 30, 2010... Byline: RECORDER REPORT =================================== BR INDICASE AT A GLANCE =================================== BRINDEX30 - =================================== Day Close: (-) 8,603.10 High: 8,750.00 Low: 8,585.76 Net Change:...

BOARD MEETINGS.
April 30, 2010... Byline: RECORDER REPORT ================================================================== Name of company Date Time ================================================================== S.G Fibre Ltd 30.04.2010 08:00 am S.G Power Ltd...

Board meetings in progress.
April 30, 2010... Byline: RECORDER REPORT =================================================================================== COMPANY SCHEDULED ON TIME TO CONSIDER R E M A R K...

Board Meetings.
April 30, 2010... Byline: RECORDER REPORT ========================================================================================== Company SCHEDULED ON TIME PLACE TO...

Provisionally listed companies.
April 30, 2010... Byline: RECORDER REPORT ==================================================== Company Trading commenced from ==================================================== Wateen Telecom Ltd...

Last date of renunciation/payment.
April 30, 2010... Byline: RECORDER REPORT ======================================================================================== COMPANY Trading in L/Right Last Date for Last Date of Spot From Premium w.e.f. Payment/Ren....

Proposed right issues.
April 30, 2010... Byline: RECORDER REPORT =============================================================================== PROPOSED RIGHT ISSUE =============================================================================== Company...

Clearing Schedule for T+2 System.
April 30, 2010... Byline: RECORDER REPORT ================================================================ CLEARING SCHEDULE FOR T+2 SYSTEM FOR THE MONTHS OF APRIL & MAY 2010 ================================================================ TRANSACTION...

EFU GUARANT GROWTH FUND Rates.
April 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 527.37 Bid Price 501.00 ===================== EFU Guarant Growth Fund Rates on Thursday (April 29, 2010). Copyright 2010 Business Recorder

EFU Aitemad Growth Fund Rates.
April 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 604.95 Bid Price 574.70 ===================== EFU Aitemad Growth Fund Rates on Thursday (April 29, 2010). Copyright 2010 Business Recorder

EFU Capital Growth Fund Rates.
April 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 221.26 Bid Price 210.19 ===================== EFU Capital Growth Fund Rates on Thursday (April 29, 2010). Copyright 2010 Business Recorder

EFU Pension Growth Fund Rates.
April 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 140.71 Bid Price 133.67 ===================== EFU Pension Growth Fund Rates on Thursday (April 29, 2010). Copyright 2010 Business Recorder

EFU Managed Growth Fund Rates.
April 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 756.80 Bid Price 718.96 ===================== EFU Managed Growth Fund Rates on Thursday (April 29, 2010). Copyright 2010 Business Recorder

NJLI MEESEQ Fund Rates.
April 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 508.45 Bid Price 483.02 ===================== NJLI Meeseq Fund Rates on Thursday (April 29, 2010). Copyright 2010 Business Recorder

NJLI YAQEEN GROWTH FUND RATES.
April 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 544.83 Bid Price 517.58 ===================== NJLI Yaqeen Growth Fund Rates on Thursday (April 29, 2010). Copyright 2010 Business Recorder

NJLI Sarmaya Growth Fund Rates.
April 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 240.53 Bid Price 228.49 ===================== New Jubilee Life Insurance Sarmaya Growth Fund Rates on Thursday (April 29, 2010). Copyright 2010 Business Recorder

Pakistan Government International Bonds.
April 30, 2010... Byline: RECORDER REPORT ====================================================================== Pakistan Government International Bonds ====================================================================== Bid Offer Bid Offer Mid...

NJLI Managed Growth Fund Rates.
April 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 511.55 Bid Price 485.97 ===================== New Jubilee Life Insurance Managed Growth Fund Rates on Thursday (April 29, 2010). Copyright 2010 Business Recorder

US treasuries bid yields.
April 30, 2010... Byline: RECORDER REPORT =========================================================================== US TREASURIES (BID YIELDS) =========================================================================== DATE 1 MO 3 MO 6 MO 2 YR 3 YR 5 YR...

US treasuries bid prices.
April 30, 2010... Byline: RECORDER REPORT ========================================================================================== US TREASURIES (BID PRICES) ========================================================================================== DATE 1...

London Interbank Offered Rates.
April 30, 2010... Byline: RECORDER REPORT ====================================================== Rates at 11:00 London time Thursday (April 29, 2010) ====================================================== USD GBP CAD EUR...

Open market rates of foreign currencies.
April 30, 2010... Byline: RECORDER REPORT ========================================================================= CURRENCY BUYING SELLING CURRENCY BUYING SELLING ========================================================================= US$ O/M 83.95 84.05...

Currency values in terms of Special Drawing Rights.
April 30, 2010... Byline: RECORDER REPORT ====================================================================================== April 29, 2010 ====================================================================================== Currency units per SDR SDR...

Spot dollar rates.
April 30, 2010... Byline: RECORDER REPORT ======================================= Ex Interbank Rate PKR against USD ======================================= BID OFFER CLOSE ======================================= Ready 84.0200 84.0300 84.0250 1 week...

Interest rates on new foreign currency deposits.
April 30, 2010... Byline: RECORDER REPORT ================================================= INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS US DOLLAR ================================================= PERIOD FOR THE MONTH OF APRIL 2010 %...

Bill buying rates per unit of currency.
April 30, 2010... Byline: RECORDER REPORT ======================================================================== BILL BUYING RATES PER UNIT OF CURRENCY ======================================================================== Bill 30 Days 60 Days 90 Days...

Banks' rates for currency notes (buying and selling).
April 30, 2010... Byline: RECORDER REPORT =================================== Selling Buying =================================== US DOLLAR 84.94 82.88 SAUDI RIYAL 22.65 22.09 UK POUND STG 128.83 125.69 JAPANESE YEN 0.9047 0.8823 EURO 112.27...

Money Market Report.
April 30, 2010... Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Thursday (April 29, 2010). DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 10.00% - 10.25%. In Repo, major deals were done in the range...

Exchange rates: buying and selling.
April 30, 2010... Byline: RECORDER REPORT ========================================= Countries Selling Buying Buying TT&OD TT Clean OD/T.CHQ ========================================= USA 84.10 83.90 83.72 U.K. 127.55 127.25 126.96 EURO 111.15 110.89...

Conversion for foreign currency deposits.
April 30, 2010... Byline: RECORDER REPORT =============================================== US DOLLAR POUND STERLING EURO JAPANESE YEN =============================================== 83.9878 127.3003 110.5531...

Currency notes: exchange rates.
April 30, 2010... Byline: RECORDER REPORT ============================================= AUTHORISED DEALERS' RATES FOR CURRENCY NOTES ============================================= COUNTRY SELLING BUYING ============================================= USA...

LIBOR calculating interest on US dollar.
April 30, 2010... Byline: RECORDER REPORT ========================================= BONDS LIBOR VALUE ========================================= 6 MONTHS US DOLLAR 0.5056 29-04-2010 ========================================= London Interbank Offer Rates...

Interest rates on old and incremental FCY deposits.
April 30, 2010... Byline: RECORDER REPORT ================== Rates % pa ================== USD 0.1000 GBP 0.1000 JPY 0.0000 ================== Interest rates on old and incremental FCY deposits on Thursday (April 29, 2010). Copyright 2010 Business...

State Bank of Pakistan conversion rates.
April 30, 2010... Byline: RECORDER REPORT ========================== US Dollar 83.9878 Pound Sterling 127.3003 Euro 110.5531 Japanese Yen 0.8977 ========================== Rates applicable for conversion into rupees of Foreign Currency Deposits,...

Barclays bid rates and maximum rates for payment of interest.
April 30, 2010... Byline: RECORDER REPORT ======================================================== INTEREST PAYABLE ON FE DEPOSITS ======================================================== BBA BID MAXIMUM RATES RATES FOR PAYMENT OF INTEREST...

Aaj TV - Friday's schedule.
April 30, 2010... Byline: RECORDER REPORT 06:00 News Bulletin 06:25 Headline News 06:30 News Bulletin 06:55 Headline News 07:00 Islamabad Tonight 07:25 Headline News 07:30 Islamabad Tonight 07:55 News Bulletin 08:25 Headline News 08:30 News Bulletin 08:55...

WCO history.
April 30, 2010... The history of the WCO began in 1947 when the thirteen European Governments represented in the Committee for European Economic Co-operation agreed to set up a Study Group. This Group examined the possibility of establishing one or more...

Information Technology: A highway for a modern global economy.
April 30, 2010... Most of the developed nations often possess a vigorous and strong service industry. But, the pace with which this industry is flourishing in developing countries, it is quite likely that after a while, emerging economies will take lead in this...

WCO - mission, objective and activities.(Company overview)
April 30, 2010... The World Customs Organisation (WCO) is the only international intergovernmental organisation that deals with Customs procedures governing trade between countries. Its work aims to improve the effectiveness and efficiency of Customs...

Oil cake market rates.
April 30, 2010... Byline: RECORDER REPORT Bullish trend was seen on the forward cottonseed oilcake market on Thursday in process of trading, dealers said. The May contract had ended at Rs 1101.60, opened with a gain of 30 paisa at Rs 1101.90, dealers said. The...

Activity at Karachi and Qasim ports.
April 30, 2010... Byline: RECORDER REPORT The Karachi Port handled 158,384 tonnes of cargo including 116,383 tonnes of import cargo; 42,001 tonnes of export cargo and 5,708 loaded and empty containers during last 24 hours ended at 0700 hours on Thursday. The...

Rising trend in prices seen on grain market.
April 30, 2010... Byline: RECORDER REPORT Some changes were seen on the wholesale grain and seed market on Thursday though most of the buyers were not interested in new purchasing due to upward trend in the prices, dealers said. On the cereal side moong Punjab...

Lacklustre business seen on cotton market in absence of fresh leads.
April 30, 2010... Byline: RECORDER REPORT Subdued business was seen on the cotton market on Thursday in the absence of fresh leads, dealers said. The Karachi Cotton Association (KCA) official spot was unchanged at Rs 6700, they said. In the ready business only...

Quiet condition on the cotton front.
April 30, 2010... Byline: DR ZAFAR HASSAN After registering peak prices over the past several weeks without any let or hindrance, cotton prices took a pause on Thursday to take stock of sundry variables confronting the trade. First, barely an estimated...

PFF announces 25 probables for AFC U-14 Football in Iran.
April 30, 2010... Byline: RECORDER REPORT Pakistan Football Federation (PFF) has opened the exit door for five players on Thursday and announced 25 players in the build up for the National U-14 team to appear in AFC U14 Festival of Football (South Asia Region)...

President and 18th Amendment.
April 30, 2010... Byline: M RAFIQUE ZAKARIA (KARACHI) According to the 18th constitutional amendment, the name of former president General Muhammed Zia-ul-Haq has been permanently erased from the Constitution with the consent of the members of Parliament. In...

The dowry system.
April 30, 2010... Byline: JAWAHIR ALI (KARACHI) Dowry is not less than a curse for our society. A number of evil practices have entered our society with the passage of time. Actually, it was introduced by the Hindus. How sad it is that we have totally...

Pedestrian bridge.
April 30, 2010... Byline: UMAIR AHMED (KARACHI) As a resident of G/4-C-1 Area, Liaquatabad, I would like to request the concerned authorities to provide a pedestrian bridge immediately for the residents of the area to cross the road safely. Usually, it takes...

Arabs, Israel in conflict over Nuclear-free zone.
April 30, 2010... Byline: NEHAL EL-SHERIF AND JEFF ABRAMOWITZ Ridding the Middle East of nuclear weapons is only one of the conflicts between the Arab states and Israel, but with the Nuclear Non-proliferation Treaty (NPT) conference coming up, the issue comes...

The terrible role of IMF.
April 30, 2010... Byline: DR NIAZ AHMED KHAN It is a bitter reality that one has to surrender to conditions of one's lender, no matter how cruel these conditions are. Same is the case with Pakistan as the international lenders, like the IMF and World Bank,...

Promotions withdrawn, justice prevails.
April 30, 2010... Last year, on September 4, when Prime Minister Yousuf Raza Gilani promoted some 54 officers to Grade-22, only a few believed he used his 'discretion' justly, or in the larger interest of good governance. The impression then was, and remains,...

Dream of democratic Pakistan.
April 30, 2010... Byline: HUZAIMA BUKHARI AND DR IKRAMUL HAQ Democracy, independence of judiciary and responsible government - three oft-debated issues in media - are intrinsically linked with accountability and functioning of all organs of the State. So long...

Jimmy Engineer's paintings exhibition from May 15.
April 30, 2010... Byline: RECORDER REPORT A big solo exhibition of major art work of well-known Pakistani artist of international repute and fame, Jimmy Engineer, is being held here at the Revivers Galleria Gulberg from May 15. The exhibition titled "For the...

IMF programme remains on track despite hiccups.
April 30, 2010... Latest negotiations between Pakistan and the international financial institutions (IFIs), particularly the IMF and the World Bank, appear to have been quite productive. Wrapping up a series of meetings with the top IMF and World Bank officials...

Rehman's application to transfer cases dismissed.
April 30, 2010... Byline: RECORDER REPORT A division bench of the Lahore High Court (LHC) here refused to transfer the appeals of Federal Interior Minister Rehman Malik against conviction in two NAB cases to newly established Islamabad High Court (IHC). The...

Jamaat-i-Islami welcomes Supreme Court decision on promotions.
April 30, 2010... Byline: RECORDER REPORT Jamaat-i-Islami Secretary general, Liaquat Baloch, has welcomed the Supreme Court order quashing the promotions of 54 bureaucrats made by the Prime Minister under his discretionary powers, and termed it a historic...

Mango export to start from May 15: MoC.
April 30, 2010... Byline: RECORDER REPORT The Ministry of Commerce (MoC) has fixed the start off date for export of mangoes at May 15 instead of May 20 this year. Pakistan Horticulture Development and Export Company (PHDEC) sources said here on Thursday that...

Wheat procurement drive: 'Revenue Department's involvement slows down pace'.
April 30, 2010... Byline: RECORDER REPORT Farmers Associates Pakistan (FAP) has alleged that involvement of Revenue Department in the on-going wheat procurement drive has slowed down its pace so much that as against planned 2.5 million ton procurement in the...

Decision to increase property tax rate criticised.
April 30, 2010... Byline: RECORDER REPORT Ameer Jamaat-i-Islami Lahore Ameer-ul-Azeem has criticised Punjab Government's decision of increasing the rate of property tax by six hundred percent. He said that the action was not acceptable. The Punjab government...

Rs 148.19 million for seven agricultural research projects approved.
April 30, 2010... Byline: RECORDER REPORT Punjab Agricultural Research Board (PARB) has approved an amount of Rs 148.19 million for funding 7 high-priority research projects. Out of this allocation, Rs 13.712 million were approved for the project "Exploration...

Kausar made Women Entrepreneur sub-committee chairperson.
April 30, 2010... Byline: RECORDER REPORT Ms Kausar Ishaque has been appointed unanimously as chairpersons of sub-committee of Women Entrepreneurs at a meeting chaired by convenor of the committee, Mian Mughis A Sheikh ex-president of MCCI. The member of...

Democracy, human rights inseparable: Taseer.
April 30, 2010... Punjab Governor Salmaan Taseer has said democracy ensures basic human rights of individuals in society as democracy and human rights are inseparable. "The PPP has a democratic and progressive mindset and it has always protected basic human...

Malik meets Tajik interior minister.
April 30, 2010... Federal Minister for Interior A. Rehman Malik on Thursday called on his Tajik counterpart Abdul Rahim and Chairman State Committee for National Security Khair-ud-Din in Dushanbe, the Capital of Tajikistan. The two sides discussed bilateral...

UK HC raises funds for charities.
April 30, 2010... The staff members and families of the British Deputy High Commission in Karachi have raised funds to support the charities in the city. This was stated by Susan Edghill of the Management Section of the British Deputy High Commission in Karachi...

60,000 children administered polio drops.
April 30, 2010... Byline: RECORDER REPORT As many as 60,000 children were administered polio drops during the two day polio immunisation drive jointly started by City Traffic Police, WHO and UNICEF. Giving the details of the campaign Chief Traffic Officer,...