Business Recorder articles from April 2011

Business Recorder archives from April 2011

Cotton Spot Rates.
April 30, 2011... Byline: RECORDER REPORT =========================================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees --------------------------------------------------------------------------- FOR...

Poultry Rates.
April 30, 2011... Byline: RECORDER REPORT Wholesale poultry rates on Friday (April 29, 2011) and for Saturday (April 30, 2011). Eggs: Rs.1710/1715 per 30 dozen; Broiler Birds (live): Rs 134 per kilogram; Cull Birds (live): Rs 68 per kilo. Rates For...

Karachi Yarn Market Rate.
April 30, 2011... Byline: RECORDER REPORT ====================================== CONES CARDED ====================================== 10/1. Popular Fibre 1430.00 Diwan 1400.00 16/1. United 1500.00 Popular Fibre 1500.00 Abdullah Textile...

Lahore Paper Market Rates.
April 30, 2011... Byline: RECORDER REPORT ======================================= OFFSET PAPER (PER LB) ======================================= Indonesia --------------------------------------- 23x36 75 57.00 27x34 75 57.00 25.5x36 75 57.00 30x40 75...

Lahore Grain Market Rates.
April 30, 2011... Byline: RECORDER REPORT ======================================== Per 100 kg ======================================== Sugar 6200/6280 Gur 6500/7500 Shakar 7500/7800 Ghee (16 kg) 2510/2625 Almond (Kaghzi) 35000/50000 Almond (Simple)...

Pakistan Mercantile Exchange - PMEX.
April 30, 2011... Byline: RECORDER REPORT ======================================================================================================================== ======================Date Commodity Contract Price Open High Low Close Traded Previous Current...

Kerb buying and selling rate of US dollar.
April 30, 2011... Byline: RECORDER REPORT ======================== Open Buying Rs 84.63 Open Selling Rs 84.68 ======================== Dollar buying and selling rate in the kerb market in rupees on Friday (April 29, 2011). Copyright 2011 Business...

Dollar's rate in interbank market.
April 30, 2011... Byline: RECORDER REPORT ======================== Buying Rs 84.40 Selling Rs 84.60 ======================== Interbank closing rates for dollar on Friday (April 29, 2011). Copyright 2011 Business Recorder

Shipping Intelligence.
April 30, 2011... Byline: RECORDER REPORT =============================================================================== VESSELS ON BERTH =============================================================================== Berth Ship Working Agent Berthing No....

THE RUPEE: dollar higher.
April 30, 2011... Byline: RECORDER REPORT Importers' dollar buying pushed the rupee down versus the greenback on the interbank market on Friday, dealers said. The rupee gave up firmness in terms of the US currency due to extended dollar buying by the importers...

PICIC GROWTH FUND - Analysis of Financial Statements Financial Year 2004-1Half Financial Year 2011.
April 30, 2011... PICIC Growth Fund is one of the largest closed-ended scheme in Pakistan. Its principal business is to invest in listed equity securities with an objective to generate capital growth. The Fund aims to be the top performer of the Mutual Fund...

Revised Rates of Debt Securities.
April 30, 2011... Byline: RECORDER REPORT ============================================================================================================= RATES OF DEBT...

Member to Member.
April 30, 2011... Byline: RECORDER REPORT ======================================================================================== MEMBERS HAVE SUBSEQUENTLY REPORTED THE FOLLOWING TRANSACTIONS MEMBER TO...

Cross Transactions between Client to Client & Financial Institutions.
April 30, 2011... Byline: RECORDER REPORT ======================================================================== CROSS TRANSACTIONS BETWEEN CLIENT TO CLIENT & FINANCIAL...

Mutual Funds Association of Pakistan.
April 30, 2011... Byline: RECORDER REPORT ======================================================================================================================== ================ Names Asset Manager Category Offer Repurchase Validity of Fund Price Price...

BRIndex30 and BR Sectoral Indices.
April 30, 2011... Byline: RECORDER REPORT =================================== BR INDICASE AT A GLANCE =================================== BRINDEX30 - =================================== Day Close: (-) 8,800.00 High: 8,901.69 Low: 8,791.96 Net Change:...

Presentation.
April 30, 2011... Byline: RECORDER REPORT =================================================== COMPANY DATE TIME =================================================== International Steels Limited 27.04.2011 4:00...

Despatch of dividend warrants.
April 30, 2011... Byline: RECORDER REPORT ============================================================================================== Company Year Ended/Ending Dividend/Bonus Dispatched...

Board meetings in progress.
April 30, 2011... Byline: RECORDER REPORT ============================================================================================= COMPANY SCHEDULED ON TIME TO CONSIDER R E M A R K...

BOARD MEETINGS.
April 30, 2011... Byline: RECORDER REPORT ============================================================= Name of company Date Time ============================================================= Ishtiaq Textile Mills Ltd 30.04.2011 4:00 pm Leiner Pak Gelatine...

Board Meetings.
April 30, 2011... Byline: RECORDER REPORT ================================================================================================= Company SCHEDULED ON TIME PLACE TO...

Last date of renunciation/payment.
April 30, 2011... 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, 2011... Byline: RECORDER REPORT ==================================================================== PROPOSED RIGHT ISSUE ==================================================================== Company...

Clearing Schedule for T+2 System.
April 30, 2011... Byline: RECORDER REPORT ================================================================ CLEARING SCHEDULE FOR T+2 SYSTEM FOR THE MONTH OF APRIL AND MAY 2011 ================================================================ TRANSACTION...

EFU GUARANT GROWTH FUND Rates.
April 30, 2011... Byline: RECORDER REPORT ===================== Offer Price 580.69 Bid Price 551.65 ===================== EFU Guarant Growth Fund Rates on Friday (April 29, 2011). Copyright 2011 Business Recorder

EFU Aitemad Growth Fund Rates.
April 30, 2011... Byline: RECORDER REPORT ===================== Offer Price 665.85 Bid Price 632.55 ===================== EFU Aitemad Growth Fund Rates on Friday (April 29, 2011). Copyright 2011 Business Recorder

EFU Capital Growth Fund Rates.
April 30, 2011... Byline: RECORDER REPORT ===================== Offer Price 234.06 Bid Price 222.35 ===================== EFU Capital Growth Fund Rates on Friday (April 29, 2011). Copyright 2011 Business Recorder

EFU Managed Growth Fund Rates.
April 30, 2011... Byline: RECORDER REPORT ===================== Offer Price 821.09 Bid Price 780.03 ===================== EFU Managed Growth Fund Rates on Friday (April 29, 2011). Copyright 2011 Business Recorder

EFU Pension Growth Fund Rates.
April 30, 2011... Byline: RECORDER REPORT ===================== Offer Price 157.11 Bid Price 149.25 ===================== EFU Pension Growth Fund Rates on Friday (April 29, 2011). Copyright 2011 Business Recorder

NJLI YAQEEN GROWTH FUND RATES.
April 30, 2011... Byline: RECORDER REPORT ===================== Offer Price 596.39 Bid Price 566.56 ===================== NJLI Yaqeen Growth Fund Rates on Friday (April 29, 2011). Copyright 2011 Business Recorder

NJLI MEESEQ Fund Rates.
April 30, 2011... Byline: RECORDER REPORT ===================== Offer Price 556.01 Bid Price 528.20 ===================== NJLI Meeseq Fund Rates on Friday (April 29, 2011). Copyright 2011 Business Recorder

NJLI Sarmaya Growth Fund Rates.
April 30, 2011... Byline: RECORDER REPORT ===================== Offer Price 269.22 Bid Price 255.75 ===================== New Jubilee Life Insurance Sarmaya Growth Fund Rates on Friday (April 29, 2011). Copyright 2011 Business Recorder

NJLI Managed Growth Fund Rates.
April 30, 2011... Byline: RECORDER REPORT ===================== Offer Price 579.97 Bid Price 550.96 ===================== New Jubilee Life Insurance Managed Growth Fund Rates on Friday (April 29, 2011). Copyright 2011 Business Recorder

Pakistan Government International Bonds.
April 30, 2011... Byline: RECORDER REPORT ====================================================================== Pakistan Government International Bonds ====================================================================== Bid Offer Bid Offer Mid...

Currency values in terms of Special Drawing Rights.
April 30, 2011... Byline: RECORDER REPORT ====================================================================================== April 29, 2011 ====================================================================================== Currency units per SDR SDR...

Open market rates of foreign currencies.
April 30, 2011... Byline: RECORDER REPORT ========================================================================= CURRENCY BUYING SELLING CURRENCY BUYING SELLING ========================================================================= US$ O/M 84.40 84.60...

Spot dollar rates.
April 30, 2011... Byline: RECORDER REPORT ======================================= Ex Interbank Rate PKR against USD ======================================= BID OFFER CLOSE ======================================= Ready 84.6600 84.6800 84.6700 1 week...

Money Market Report.
April 30, 2011... Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Friday (April 29, 2011). DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 11.75% -12.25%. Major deals were done in the range of 12.10% -...

Banks' rates for currency notes (buying and selling).
April 30, 2011... Byline: RECORDER REPORT =================================== Selling Buying =================================== US DOLLAR 85.65 83.54 SAUDI RIYAL 22.84 22.28 UK POUND STG 142.65 139.12 JAPANESE YEN 1.0503 1.0244 EURO 127.02...

Interest rates on old and incremental FCY deposits.
April 30, 2011... Byline: RECORDER REPORT ================== Rates % pa ================== USD 0.1000 GBP 0.1000 JPY 0.0000 ================== Interest rates on old and incremental FCY deposits on Friday (April 29, 2011). Copyright 2011 Business...

Interest rates on new foreign currency deposits.
April 30, 2011... 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, 2011... Byline: RECORDER REPORT ======================================================================== BILL BUYING RATES PER UNIT OF CURRENCY ======================================================================== Bill 30 Days 60 Days 90 Days...

Currency notes: exchange rates.
April 30, 2011... Byline: RECORDER REPORT ============================================= AUTHORISED DEALERS' RATES FOR CURRENCY NOTES ============================================= COUNTRY SELLING BUYING ============================================= USA...

LIBOR calculating interest on US dollar.
April 30, 2011... Byline: RECORDER REPORT ========================================= BONDS LIBOR VALUE ========================================= 6 MONTHS US DOLLAR 0.4318 29-04-2011 ========================================= London Interbank Offer Rates...

Exchange rates: buying and selling.
April 30, 2011... Byline: RECORDER REPORT ========================================= Countries Selling Buying Buying TT&OD TT Clean OD/T.CHQ ========================================= USA 84.80 84.60 84.38 UK 141.24 140.91 140.52 EURO 125.76 125.46...

Conversion for foreign currency deposits.
April 30, 2011... Byline: RECORDER REPORT =============================================== US DOLLAR POUND STERLING EURO JAPANESE YEN =============================================== 84.5275 140.8820 125.5065...

State Bank of Pakistan conversion rates.
April 30, 2011... Byline: RECORDER REPORT ========================== US Dollar 84.5275 Pound Sterling 140.8820 Euro 125.5065 Japanese Yen 1.0338 ========================== Rates applicable for conversion into rupees of Foreign Currency Deposits,...

Barclays bid rates and maximum rates for payment of interest.
April 30, 2011... Byline: RECORDER REPORT ======================================================== INTEREST PAYABLE ON FE DEPOSITS ======================================================== BBA BID MAXIMUM RATES RATES FOR PAYMENT OF INTEREST...

Aaj TV - Saturday's schedule.
April 30, 2011... Byline: RECORDER REPORT 06:00 News Bulletin 06:25 Headline News 06:30 Pakistan At 7 06:55 Headline News 07:00 Begum Tonight 07:25 Headline News 07:30 Begum Tonight 07:55 News Bulletin 08:25 Headline News 08:30 News Bulletin 08:55 Headline...

BRIDGE NOTES: The winning action.
April 30, 2011... Byline: A.K. BHURGRI The ability to visualize maximum number of tricks in a particular contract as declarer with the least risk of jeopardising the bid contract is the sole criteria applicable for becoming a good player of the pairs game. For...

Here comes the king of all fruits.
April 30, 2011... Byline: ZARINA PATEL Summer bring with it the extremely sought after summer delight, mango fruit. It ranks as number one on the list of most popular fruits. Delicious and wonderful taste of mango is hard to resist making it the king of all...

ART FACTS: Glimpses of Sufism and spirituality.
April 30, 2011... Byline: NADEEM ZUBERI Being a Persian artist living abroad Mohsen Keiany became more sensitive towards his local traditional and social issues. He contemplates spirituality in the diverse traditions and human conditions. He wants to portray...

KARACHI CHRONICLE: Karachi province miscall.
April 30, 2011... Byline: NARGIS KHANUM Last Sunday Punjab Chief Minister Shahbaz Sharif had politicians in Sindh cackling like hens trying to protect their chicks against the hawk's attack. In an historically important statement acknowledging the need for...

Public-Private Partnership in EPZs/SEZs/SIZs: A growth strategy.(Company overview)
April 30, 2011... Byline: FARRUKH SAEED The concept of Export Processing Zone world-wide has been undergoing rapid transformation in respect to its institutional framework, management pattern, and area of operation including service standards. The Zones are no...

Modern Water Treatment Technologies are appropriate solution for shortage/contamination of water.
April 30, 2011... Pak Oasis Industries (Private) Limited is working in Pakistan with believe in quality not in quantity as quality brings quantity. The prime vision of the company is to provide sustainable and consistent source of purified water at economical,...

Do more to harness real potential.
April 30, 2011... In economics, it has been long established that the success or failure of any country lies on the state of its factors of production; namely, land, labour, capital, including technology and enterprise. But perhaps the biggest contributing force...

No deal on grain market.
April 30, 2011... Byline: RECORDER REPORT No deal was seen on the wholesale grain and seed market on Friday as almost all participants were busy in preparations for Juma prayers, grain and seed merchants group's release said. Copyright 2011 Business Recorder

Activity at Karachi and Qasim ports.
April 30, 2011... Byline: RECORDER REPORT The Karachi Port handled 56,726 tonnes of cargo including 33,814 tonnes of import cargo, 22,912 tonnes of export cargo and 2,885 loaded & empty containers during last 24 hours ended at 0700 hours on Friday. The...

Prices eace on panic selling by ginners.
April 30, 2011... Byline: RECORDER REPORT Panic selling by ginners eased prices on the cotton market in process of trading, dealers said on Friday. Karachi Cotton Association (KCA) official spot rate was downed by Rs 500 to Rs 9,500, they said. In Sindh and...

EFU in final of SPM Cricket League.
April 30, 2011... Byline: RECORDER REPORT EFU Cricket Club has qualified for the final of 4th SPM Cricket League after beating Versatile Cricket Club by 107 runs on Friday. Batting first, EFU scored 282 for nine wickets. Khurram Siddique 64, Kashif Siddique 48...

Brazilian envoy calls on PFF chief.
April 30, 2011... Byline: RECORDER REPORT Ambassador of Brazil, Alfredo Leoni in a meeting with Pakistan Football Federation, President Faisal Saleh Hayat on Friday assured to extend support for raising the standard of football play in Pakistan. During the...

Aqeel Khan wins CDA Margalla tennis title.
April 30, 2011... Top seed Aqeel Khan annexed the Men's Singles title by beating his younger brother and second seed Jalil Khan in straight sets in the 1st CDA Margalla National Ranking Tennis Tournament here at the clay courts of PTF Tennis Complex on Friday....

Tug-of-War championship begins.
April 30, 2011... Byline: RECORDER REPORT Pakistan Tug-of War Federation on Friday announced to a hold the 15th edition National Tug of War Championship in provincial metropolis from 30th April, 2011 Saturday (today). The announcement made by secretary...

CDA kicks off anti-littering campaign.
April 30, 2011... Byline: RECORDER REPORT To ensure cleanliness and create awareness about litter-free Islamabad, Capital Development Authority (CDA) has kicked off its Anti-Littering Drive - 2011 aimed at raising awareness pertaining to cleanliness among...

ANP for bridging communication gap between India, Pakistan.
April 30, 2011... Awami National Party Chief Asfandyar Wali Khan said on Friday Pakistani and Indian leadership was needed to bridge the communication gap between the two countries for resolving the pending issues. Talking to reporters outside the Parliament...

Industrial units Bill moved in Khyber Pakhtunkhwa Assembly to extend property tax exemption.
April 30, 2011... Byline: RECORDER REPORT The Khyber Pakhtunkhwa Urban Immovable Property Tax (Amendment) Bill, 2011 was presented in the provincial assembly on Friday to extend property tax exemption to the industrial units for one year. The bill was...

Cotton yield enhancement project: USDA allocates $9 million.
April 30, 2011... Byline: NAVEED BUTT United States Department of Agriculture (USDA) has allocated $9 million for implementation of Cotton Productivity Enhancement Programme in Pakistan for 3-year period, from 2010 to 2012. The USDA would provide $3 million...

Four alleged criminals held, liquor seized.
April 30, 2011... Byline: RECORDER REPORT Islamabad Police have arrested four alleged criminals and three beggars and recovered three kilogram charas and 15 bottles of liquor from their possession, said a spokesman of Islamabad Police, here on Friday. He said...

Need stressed to sensitise public about reproductive health.
April 30, 2011... Byline: ASMA RAZAQ Adolescents must be sensitised on age-related health issues, develop life skills, character and personality through self confidence and with the help of parents and communities. This was the crux of a workshop titled...

'Ministry running anti-narcotics campaign actively'.
April 30, 2011... Byline: RECORDER REPORT Ministry of Narcotics Control under its anti-narcotics policy has devised a strategy to make Pakistan a drug-free country by creating awareness among all segments of the society to 'say no to drugs'. The ministry has...

Leather industry facing crisis due to load shedding.
April 30, 2011... The Chairman, Pakistan Tanners' Association (PTA), Khurshid Alam once again invited immediate attention through a press statement issued on Friday to the electricity load shedding specially, in Punjab, which has now been extended up to 18 hours...

Media's role against terrorism lauded.
April 30, 2011... Byline: RECORDER REPORT Khyber Pakhtunkhwa Minister for Information, Culture and Transport, Mian Iftikhar Hussein has appreciated the role of media in war against terror, particularly in unveiling the real face of terrorists and isolating...

MoU signed for making oilseeds dryer locally.
April 30, 2011... Byline: RECORDER REPORT The Pakistan Agricultural Research Council (PARC) signed here on Friday a Memorandum of Understanding (MoU) with Malik Engineering, Rawalpindi, to locally manufacture mobile flat-bed dryer for groundnut, canola and...

Business community's role must to overcome economic problems: Zardari.
April 30, 2011... President Asif Ali Zardari on Friday reiterated that the business community has to come forward to create consensus among all the political parties to address the economic challenges facing the country. The President said that the government...

US embassy workshop for Pakistani prosecutors concludes.
April 30, 2011... A week-long "Case Preparation and Trial Skills" workshop for Pakistani prosecutors organised by the US Department of Justice and the US Embassy's Office of Narcotics Affairs completed here on Friday. The programme examined how prosecutors...

Partly Facetious: PML (Q) is like a South Asian woman!
April 30, 2011... Byline: ANJUM IBRAHIM "The wait is over - the PML (Q) will merge with the PPP." "Not merge but form a coalition with." "PML (Q) is like a South Asian woman." "I think not, too many divorces, too many remarriages..." "Don't be...

Veteran journalist Mahmudul Aziz felicitated for receiving APNS 'Life Time Achievement Award'.
April 30, 2011... At an impressive ceremony held at the spacious lawn of Zar Villa, main Khayaban-e-Hafiz, DHA, to felicitate Mahmudul Aziz, a veteran journalist, on receiving from President Asif Ali Zardari recently at the Presidency in Islamabad, the APNS...

SU organises first consultative body meeting.(Conference news)
April 30, 2011... Byline: RECORDER REPORT First meeting of the Consultative committee which was constituted in the light of the recommendations of All Parties Conference (APC) organised by the University of Sindh (held on 17th April) was held on Friday. The...

SCBL's after tax profit rises to Rs 1.153 billion.
April 30, 2011... Byline: RECORDER REPORT The profit after tax (unconsolidated) of Standard Chartered Bank (Pakistan) Limited has increased to Rs 1,153.829 million in the quarter ended on March 31, 2011 as compared to Rs 829.432 million earned in the...

Sindh Assembly to ratify Bill to promote tourism: minister.
April 30, 2011... Byline: RECORDER REPORT Sindh Tourism Bill will be presented for ratification in Sindh Assembly during the next 10 days to promote tourist avenues in the province. This was stated by Muhammad Ayaz Soomro, Minister for Law, Parliamentary...

President accords degree-awarding status to PIFD.
April 30, 2011... President Asif Ali Zardari on Friday formally accorded degree awarding status to the Pakistan Institute of Fashion Design (PIFD) at a special ceremony held here at the Aiwan-e-Sadr. The signing ceremony was attended among others by Minister...

Akzo Nobel wants to divest shareholding in ICI Pakistan Limited.
April 30, 2011... The Board of Directors of ICI Pakistan Limited has received a proposal from its ultimate holding company Akzo Nobel N V to restructure their interest in ICI Pakistan Ltd. According to a press release on Friday, the proposal envisages separation...

Harassment of drivers by FC: CCCI expresses apprehensions.
April 30, 2011... Byline: RECORDER REPORT Chaman Chamber of Commerce and Industry (CCCI) has expressed apprehensions over harassment by F.C of drivers of vehicles carrying export consignments to Afghanistan and the Central Asian countries to extract illegal...

Bomb attacks on PN buses: rangers detain 100 persons.
April 30, 2011... Byline: MUHAMMED ALI Following the bomb attacks on Pakistan Navy buses, the Sindh Rangers imposed partial curfew at different vicinities of Baldia Town in the wee hours of Friday morning and detained around 100 persons during the search...