Business Recorder articles from August 2006

Business Recorder archives from August 2006

The Weather.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =================================================== Cities Max Min Humidity Rain =================================================== ...

LME plastic prices.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================================= POLYPROPYLENE LINEAR LOW (PP) (LL) ...

Cotton Spot Rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =========================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees ...

LME official prices.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ================================================================================================= Aluminium Aluminium Copper Lead Nickel Tin...

Poultry rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Wholesale poultry rates on Wednesday (August 30, 2006) and for Thursday (August 31, 2006). Eggs: Rs 960-965 per 30 dozen; Broiler Birds (live): Rs 84 per kilogram; Cull Birds...

Non ferrous metals, ferrous alloy rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ================================= NON FERROUS METALS, FERROUS ALLOY --------------------------------- Rate per Kilo Rs ...

NJLI Managed Fund prices.
August 31, 2006... (From Business Recorder) ========================= MANAGED GROWTH FUND ========================= Offer price Rs 371.64 Bid price Rs 353.05 ========================= PENSION FUND ...

Lahore Grain Market Rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================= Per 100 Kg ======================================= Wheat 1240/1265 ...

Lahore Paper Market Rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================================= IMPORTED OFFSET PAPER (per Lb) ========================================= Alma copy All size ...

Dollar's rate in interbank market.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================== Buying Rs 60.39 Selling Rs 60.41 ============================== Interbank closing rates for...

Shipping Intelligence.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =============================================================================== Berth Vessels Working Agent Berthing No ...

Kerb buying and selling rate of US dollar.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ================================ Buying Rs 60.38 Selling Rs 60.43 ================================ Dollar buying and...

THE RUPEE: dollar rises in interbank.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT The dollar appreciated in the interbank market on Wednesday as the rupee shed two paisa for buying and selling at 60.39 and 60.41, dealers said. Despite the higher demand for...

Commercial Banks: MEEZAN BANK LIMITED - Six Months Ended June 30, 2006 (Un-audited).
August 31, 2006... (From Business Recorder) Byline: SCANNER Meezan Bank Limited (Meezan Bank) was incorporated in Pakistan on January 27, 1997 as a public limited company under the Companies Ordinance, 1984. Meezan Bank was registered as an...

All shares index report.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================================================================================================== ==== ALL SHARES INDEX REPORT (Sector-wise) ...

Mutual Funds Association of Pakistan.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================================================================================================== == Names Asset Manager...

Member To Member.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================================================= MEMBER TO MEMBER ======================================================================= ...

BRIndex30 and BR Sectoral Indices.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =================================== BR INDICASE AT A GLANCE =================================== BRINDEX30 - ...

Cross Transactions.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================================================= FINANCIAL INSTITUTIONS ======================================================================= ...

BOARD MEETINGS.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================================================= Name of Company Date Time ...

Board Meetings.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================================================================================ Company SCHEDULED ON TIME PLACE ...

Dividend/Bonus Announcements.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ==================================================================================================== FOR THE YEAR PROFIT/(LOSS)...

Last date of renunciation/payment.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ==================================================================== LAST DATE FOR RENUNCIATION/PAYMENT ...

Shares buy-back schedule.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================================================================= Company Re-Purchase From To Member...

Proposed right issues.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =========================================================== PROPOSED RIGHT ISSUE =========================================================== Company ...

Companies under suspension.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================================================================= COMPANY Date of COMPANY Date of ...

Clearing Schedule for T+3 System.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ================================================================ CLEARING SCHEDULE FOR T+3 SYSTEM FOR THE MONTHS OF AUGUST & SEPTEMBER 2006 ...

EFU Capital Growth Fund Rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer price 136.68 Bid Price 129.85 ============================= EFU Capital Growth Fund Rates on...

EFU Pension Growth Fund Rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer price 105.31 Bid price 100.04 ============================= EFU Pension Growth Fund Rates on...

EFU Managed Growth Fund Rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer price 547.03 Bid price 519.68 ============================= EFU Managed Growth Fund Rates on...

NJLI Sarmaya Growth Fund Rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================== Offer Price 180.48 Bid Price 171.45 ============================== New Jubilee Life Insurance...

NJLI Pension Fund Rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================== Offer Price 336.00 Bid Price 319.19 ============================== New Jubilee Life Insurance...

NJLI Managed Growth Fund Rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer Price 373.43 Bid Price 354.75 ============================= New Jubilee Life Insurance...

KKI closing rates of currency notes.
August 31, 2006... (From Business Recorder) ================================================= Currency Notes KKI Buying KKI Selling ================================================= US $ 60.38 ...

Currency values in terms of Special Drawing Rights.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ====================================================================================== August 30, 2006 ...

US treasuries bid yields.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =========================================================================== US TREASURIES (BID YIELDS) ...

US treasuries bid prices.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================================================================================== US TREASURIES (BID...

Spot dollar rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================== Ex Interbank Rate PKR against USD ======================================== BID OFFER CLOSE ...

London Interbank Offered Rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================================================= Rates at 11:00 London time Wednesday (August 30, 2006). ...

Open market rates of foreign currencies.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================================================================= CURRENCY BUYING SELLING CURRENCY BUYING SELLING ...

Money Market Report.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (August 30, 2006). DAILY MONEY MARKET COMMENTS: The money market rates initiated at the levels of 8.25% - 8.50%....

Interest rates on new foreign currency deposits.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ================================================= INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS US DOLLAR ================================================= ...

Bill buying rates per unit of currency.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================================================== BILL BUYING RATES PER UNIT OF CURRENCY ...

Banks' rates for currency notes (buying and selling).
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ==================================== Selling Buying ==================================== US DOLLAR 61.08 59.53 SAUDI RIYAL...

Interest rates on old and incremental FCY deposits.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ================== Rates % pa ================== USD 0.1000 GBP 0.1000 ================== Interest rates on old and...

Conversion for foreign currency deposits.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =============================================== US DOLLAR POUND STERLING EUR JAPANESE YEN =============================================== 60.3640 ...

Currency notes: exchange rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================================= AUTHORISED DEALERS' RATES FOR CURRENCY NOTES ============================================= COUNTRY ...

LIBOR calculating interest on US dollar.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================================= BONDS LIBOR VALUE ========================================= 6 MONTHS US DOLLAR 5.4538 ...

Exchange rates: buying and selling.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================== Countries Selling Buying Buying TT&OD TT Clean OD/T.CHQ ========================================...

Barclays bid rates and maximum rates for payment of interest.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================================= INTEREST PAYABLE ON FE DEPOSITS ======================================================= ...

State Bank of Pakistan conversion rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================== US Dollar 60.3640 Pound Sterling 114.6976 Euro 77.3444 Japanese Yen 0.5171 ...

Aaj TV - Thursday's schedule.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT 06:00 Aaj Markets Evening 06:35 Tilawat 06:55 News Bulletin 07:30 Hera Pheri 07:55 Headlines News 08:00 Aaj Subh (Live) 08:55 Headlines News 09:00 Aaj Subh 09:15 Aaj Market Morning...

Activity at Karachi and Qasim ports.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT The Karachi Port handled 29,949 tonnes of cargo including 19,821 tonnes import, 10,128 tonnes export cargo and 2,855 containers during last 24 hours ending at 0700 hours on Wednesday....

Oil cake market rates.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Modest business was seen on the cottonseed oilcake market on Wednesday as a big number of buyers kept on the sidelines due to rising trend in the prices, dealers said. ...

Gram prices lower on grain market.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Low business was seen on the grain market on Wednesday as most of the commodities maintained the overnight levels, dealers said. On the grams side, gram garda Punjab shed Rs 25 to Rs...

Tug of war over cotton prices starts between mills, ginners.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Tug of war over the prices started between the ginners and mills as prices moved up following the conflicting reports about the quantity and quality of cotton crop, some dealers said...

Postponement of City Council meeting criticised.
August 31, 2006... (From Business Recorder) Byline: ANWAR KHAN Opposition in the city district council has criticised the postponement of the already called council meeting on August 31, and announced to hold a press conference to launch a protest...

'Bugti now symbol of oppressed people's struggle'.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Seraiki nationalists and political leaders on Wednesday condemned the brutal act of Pakistani security forces to kill Baloch leader Nawab Akbar Bugti and many other innocent citizens,...

PPP executive body meeting today.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT A meeting of the executive committee of Pakistan People's Party Punjab is being held at party's provincial office here at Faisal town, on Thursday (August 31) at 3.00pm. The meeting,...

CJP urged to take suo motu notice of Bugti's killing.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT The Chairman of Communist Party of Pakistan (CPP), Engr Jameel Ahmad, has appealed to the Chief Justice of Pakistan to take notice of the press conferences of ISPR DG Major General...

SMEs Business Support Fund office.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Chairman SMEs Business Support Fund (BSF) Altaf Saleem is going to inaugurate the office of the Business Support Fund here at Siddiq Trade Centre on Thursday (August 31) at 3.30 pm....

OIC tourism conference in Baku on September 9.
August 31, 2006... (From Business Recorder) Ministers from 36 countries, including Pakistan, will attend the fifth conference of the Tourism Ministers from the Organisation for Islamic Conference (OIC) member states in Baku on September 9, Aydin Ismiyev,...

Ties with US sound and expanding: Durrani.
August 31, 2006... (From Business Recorder) Pakistan and the United States have a strong relationship, which is very sound and expanding, Ambassador Mahmud Ali Durrani said this in an interview published in the International Affairs on Tuesday. ...

Punjab to set up 10 fruit and vegetable markets.
August 31, 2006... (From Business Recorder) The Punjab government has initiated a project for setting up 10 model fruit and vegetable markets and funds of Rs 600 million has been allocated for the purpose initially. The project aims at improving the...

Thunderstorm, rain forecast.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Cloudy weather with chances of thunderstorm/rain has been forecast for provincial metropolis during next 24 hours. Weather in city remained almost humid on Wednesday with maximum...

Call for more US assistance for Pakistan in socio-economic fields.
August 31, 2006... (From Business Recorder) Appreci-ating Pakistan's efforts to counter terrorism as critical, a senior American analyst on Tuesday observed that the country's actions have made it increasingly difficult for al Qaeda and Taliban elements to...

US urged to enhance ties with Pakistan.
August 31, 2006... (From Business Recorder) The US Congressman, Major Oven has urged the leadership of his country to expand the existing level of co-operation with Pakistan. In an interview to Voice of America he said that US should have extended more...

Pakistan and China for enhancing communication, media ties.
August 31, 2006... (From Business Recorder) Pakistan and China on Wednesday agreed to enhance broad-based media and communication relations. A Chinese delegation, led by Minister for Publicity Department, Liu Yunshan and member of Central Committee of...

Shaukat arrives in Oslo.
August 31, 2006... (From Business Recorder) Prime Minister Shaukat Aziz arrived here on Wednesday to attend an important meeting of the high-level Panel on United Nations System-wide Coherence in the Areas of Development, Humanitarian Assistance and the...

MMA's act.
August 31, 2006... (From Business Recorder) Byline: AMIN SHEERAZI (SINGAPORE) The recent act of Muttahida Majlis-i-Amal comes under blasphemy and it should be punished as per the Blasphemy Act of Pakistan. The MMA leadership has to answer the nation...

Power cuts.
August 31, 2006... (From Business Recorder) Byline: TAHIR ALI TAYEBI (KARACHI) A number of complaints have appeared in the newspapers lately about the failure of KESC to provide acceptable service to the residents of Karachi. Frequent power breakdowns...

City Nazim's attitude and cemetery.
August 31, 2006... (From Business Recorder) Byline: DR ALFRED CHARLES (KARACHI) After more than one week still Karachi seems to be helpless, hopeless. Rainwater still can be seen in some areas. All concerned administrative officials claimed that the...

Pay cash cheques: corrective action needed.
August 31, 2006... (From Business Recorder) Byline: PROFESSOR S. SABIR ALI JAFFERY The practice of writing 'pay cash' cheques is increasing day by day. Occasionally, such cheques are also made payable 'to order', and even crossed 'account payee'. This,...

Flawed economic growth.
August 31, 2006... (From Business Recorder) Speaking at the launching of "Asia-Pacific Human Development Report 2006" in Islamabad on Tuesday, a senior UNDP official, Dr Hafiz Pasha, made the thought-provoking observation that "economic growth does not...

No-trust move.
August 31, 2006... (From Business Recorder) The outcome of Tuesday's no-trust move against Prime Minister Shaukat Aziz, defeated by 36 votes, was never in doubt since the combined strength of the Opposition parties in a house of 342 was 141 and, as per the...

HEC allows two universities to launch PhD programmes.
August 31, 2006... (From Business Recorder) The Higher Education Commission (HEC) has allowed Government College University (GDU) Faisalabad to re-launch its MPhil and PhD programmes, presently only in Botany, Zoology and Chemistry as well as Federal Urdu...

Prisoners enjoying cell phone facility in Adiala Jail.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Adiala Central Jail has turned into a den of drug smugglers and prisoners are enjoying facility of cellular phone in the jail at large scale, said Dr Jamil Janjua, medical officer of...

'No agreement with power consumers in Khyber Agency'.
August 31, 2006... (From Business Recorder) A spokesman of Tribal Areas Electricity Supply Company (Tesco) said on Wednesday that company has not signed any agreement with commercial consumers of Landi Kotal and Torkham Bazaars in Khyber Agency for payment...

'No-trust move a defeat of anti-democratic forces'.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT The Federal Railways Minister Sheikh Rashid Ahmad has said that failure of no confidence motion against Prime Minister Shaukat Aziz was a defeat of anti-democratic elements and victory...

Select body agrees on conditional reporting of rape victim.
August 31, 2006... (From Business Recorder) Byline: MONITORING DESK National Assembly's Select Committee on Wednesday has agreed on amendment to Women Protection Bill and decided to give conditional permission of media reporting of rape victim....

Technical education for rapid economic growth aimed at.
August 31, 2006... (From Business Recorder) Minister of State Planning Commission Dr Akram Sheikh on Tuesday said the government was focusing on knowledge-based economy and required skilled manpower in manufacturing, service and agriculture sectors for...

President congratulates Prime Minister on no-trust motion defeat.
August 31, 2006... (From Business Recorder) President Pervez Musharraf has congratulated Prime Minister Shaukat Aziz on defeat of no-confidence motion tabled by the opposition against him in the National Assembly. The President talked to the Prime Minister...

We are trying to change political paradigm: Shaukat.
August 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Prime Minister Shaukat Aziz has said that rejection of no-confidence motion against him was in fact a strong vote of confidence for his government and its policies. "We are trying to...

Jadoon lauds BP to undertake offshore seismic survey.
August 31, 2006... (From Business Recorder) The President of British Petroleum (BP) company, Tariq Khamesani called on Federal Minister for Petroleum and Natural Resources, Amanullah Khan Jadoon here on Wednesday and briefed him on his company's programme...