Business Recorder articles from December 2006

Business Recorder archives from December 2006

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

Karachi Yarn Market Rate.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ===================================== Rates of Cotton Yarn ===================================== (Without GST)10 lbs =====================================...

Multan commodities market rates.
December 31, 2006... (From Business Recorder) ==================================== FOOD GRAINS (Per 100 kilogram) ==================================== Wheat 1137.50/1150 Maize 1125/1287.50 Bajra ...

Faisalabad yarn and fibre prices.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ================================= 6-7/S CONE (COTTON) ================================= Neli Bar 390.00 S.A. 250.00...

Lahore Grain Market Rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================= Per 100 Kg ======================================= Wheat 1250/1290 Sugar ...

Hides and skin rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =================================== HIDES =================================== (Wet Salted Per Piece) ----------------------------------- GOAT SKINS:...

Lahore Paper Market Rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================================= IMPORTED OFFSET PAPER (per Lb) ========================================= Alma copy All size 70 ...

Grain market rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ==================================== CEREALS (Per 100 Kgs) ==================================== Makai 1075/1100 Juwar Old ...

Karachi Plastic/Urea Moulding Compounds Rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =================================== PLASTIC MOULDING COMPOUNDS =================================== HDPE (FILM) (Per lb) ===================================...

Karachi chemicals and dyes market rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =================================== DYES NAPHTHOLS CHINA (Per Pound) =================================== As 100 pc 120.00 AS 80 pc ...

Raw rubber rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =================================== RAW RUBBER CEYLON (per lb) =================================== RSSV 60.00 Pale Crape TPC3 ...

Jute goods rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =================================== JUTE GOODS TWINE (Per KG) =================================== 20x3 Brown 38.00 16x3 CRT/Indus ...

Rates of spices and other allied commodities.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =================================== KIRANA ITEMS (Per 40 KG) =================================== White pepper 9000.00 Singapore ...

Rates of dry fruit.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ==================================== DRY FRUITS (Per 40 KG) ==================================== Chaman Almond 3800.00 Almond (Girdi) ...

Milk powder rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =================================== MILK POWDER SKIMMED =================================== (per bag of 25 KG) =================================== Irish...

Kerb buying and selling rate of US dollar.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ================================ Buying Rs 60.55 Selling Rs 60.60 ================================ Dollar buying and selling rate in...

Dollar's rate in interbank market.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================== Buying Rs 60.90 Selling Rs 60.92 ============================== Interbank closing rates for dollar on...

Karachi tea rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =================================== TEAS (PER KG) =================================== KENYA PF-1 ----------------------------------- PF-1 A Grade ...

THE RUPEE: parities mostly lower in money market.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Falling trend was seen in the interbank market on Saturday as the rupee shed two paisa in relation to the dollar for buying and selling at Rs 60.90 and 60.92, respectively. In...

Automart: car prices in Karachi.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT NOTE: These are "EX-KARACHI" Prices ------------------------------------------------------------------------------- MITSUBISHI PRODUCT RANGE...

State Bank statement of affairs.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================================================================================================== ===================== STATEMENT OF AFFAIRS OF THE STATE...

World Shipping Schedule.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ======================================================================= SHIPS ETD AGENTS TO LOAD FOR...

EFU funds rates.
December 31, 2006... (From Business Recorder) ========================= Managed Growth Fund ========================= Offer price Rs 565.76 Bid price Rs 537.47 ------------------------- Pension Growth Fund -------------------------...

Rates of Pipe Fittings.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ============================= PIPE FITTING CHINA GALVANISED T G Brand ============================= TEE Rs -----------------------------...

Iron, steel and other metal rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =============================================================== IRON, STEEL PRICES =============================================================== PRIME AND EX-PRIME GP. COIL &...

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

KKI closing rates of currency notes.
December 31, 2006... (From Business Recorder) ================================================= Currency Notes KKI Buying KKI Selling ================================================= US $ 60.58 60.68...

World currencies and dollar.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================================================= COUNTRY CURRENCY VALUE OF DOLLAR...

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

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

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

Money Market Report.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Saturday (December 30, 2006). DAILY MONEY MARKET COMMENTS: Today money market's activity started at the levels of 8.50% -...

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

Banks' rates for currency notes (buying and selling).
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ==================================== Selling Buying ==================================== US DOLLAR 61.59 60.01 SAUDI RIYAL 16.42...

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

LIBOR calculating interest on US dollar.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================================= BONDS LIBOR VALUE ========================================= 6 MONTHS US DOLLAR 5.3606 30-12-2006...

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

Conversion for foreign currency deposits.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT =============================================== US DOLLAR POUND STERLING EUR JAPANESE YEN =============================================== 60.8790 119.3959 ...

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

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

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

State Bank of Pakistan conversion rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT ========================== US Dollar 60.8790 Pound Sterling 119.3959 Euro 80.1533 Japanese Yen 0.5119 ========================== ...

Correction.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT With reference to cotton analysis published on 29 December 2006, please note that additional gain in cotton output due to higher ginning out-turn (GOT) this season (2006-07) has been...

Aaj TV - Sunday's schedule.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT All timings are in PST (Pakistan Standard Time). 06:20 zarkhaiz 06:45 tilawat 06:55 news bulletin 07:30 nazim online 07:55 headlines news 08:00 nazim online 08:30 landa bazar 08:55...

Oil cake market rates.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Modest trading was seen in the forward cottonseed oilcake market on Saturday as very little number of buyers were in the market for making fresh deals, dealers said. The January vaida...

Prices firm on grain market.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Firmness prevailed on the grain market on Saturday as most the commodities maintained the same levels due to balanced demand and supply position, dealers said. Copyright 2006...

Cotton market unmoved in pre-holiday session.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT The cotton market saw dullness for the fifth session on Saturday as participants were on the sidelines due to lack of interest in fresh dealings, dealers said. The Karachi Cotton...

Activity at Karachi and Qasim ports.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT The Karachi Port handled 61,455 tonnes cargo including 47,746 tonnes import, 13,709 tonnes export cargo and 2,700 containers during last 24 hours ending at 0700 hours on Saturday. The...

SBP issues fresh currency notes.
December 31, 2006... (From Business Recorder) Banking Service Corporation of State Bank of Pakistan (SBP) has issued fresh currency notes of different denominations worth Rs 68.019 billion on the occasion of Eid-ul-Azha. According to chief spokesman of SBP...

WPA holds symposium on biological psychiatry.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT World Psychiatric Association (WPA) and South Asian Forum (Pakistan Chapter) organised a symposium on 'Biological Psychiatry' here at Fountain House. Dr Fariha Khan, consultant...

Punjab University Gujranwala Campus to be opened next month.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT The formal inauguration ceremony of Punjab University Gujranwala Campus will be held in mid January 2007 and after that more departments of Arts and Sciences will be established. This...

Prime Minister to open Jinnah Express train on January 7.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Prime Minister Shaukat Aziz will inaugurate the new lower AC Jinnah Express train, on January 7, 2007 at Karachi. Federal Minister for Railways, Sheikh Rashid Ahmed told newsmen here...

Record increase in LPG price in 2006.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT A record increase in the price of liquefied petroleum gas (LPG) was witnessed during the year 2006 and the consumers suffered a lot due to tug of war between marketing companies and...

Notification.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT The NWFP Government has replaced Mst Aftab Shabbir ex-officer member of District Public Safety and Police Complaints Commission Haripur by Begum Zeb Gohar Ayub Khan MNA in the said...

Extra resources being spent on uplift projects.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Punjab Chief Minister Chaudhry Pervaiz Elahi in a meeting with parliamentarians belonging to Kasur stated here on Saturday that due to positive policies of the present government,...

Saddam's execution termed a sad event.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT In its official reaction over hanging of Saddam Hussain, Pakistan said: "The execution of former Iraqi President Saddam Hussein, which can only be described as a sad event, is another...

Foundation stones of fire fighter departments laid.
December 31, 2006... (From Business Recorder) Foundation stones of fighter departments at High Court and provincial police headquarters were laid in the eastern Laghman province. Appeal Court's Head Maulvi Shams-u-Rahman Shams told Pajhwok Afghan News. ...

Nadra's utility bill payment system gains popularity.
December 31, 2006... (From Business Recorder) Nadra's Kiosk (automated utility bill payment system) gains popularity among masses as around one million citizens have registered themselves for the usage of these kiosks for payment of utility bills. Around 0.3...

City government, Cantonment Board to jointly expand Mall Road.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT City District Government and Cantonment Board would share expenses on the expansion of famous Mall Road Peshawar to lessen burden of traffic on busy roads connecting cantonment areas...

Monopoly Control Authority Order on Unilever-Dalda deal-V.
December 31, 2006... (From Business Recorder) 38. The sale of SOFB business by the Vendor to the Purchaser fits in with the example regarding the sale of a car assembly undertaking given in the preceding para. The Purchaser bought the business undertaking in...

Consumers' rights.
December 31, 2006... (From Business Recorder) Byline: ZAMEER AHMED (KARACHI) This refers to the recently held Auto Industry Development Programme (AIDP) workshop reported in a section of the press. After going through various such reports I strongly felt...

Bureaucracy at its worst.
December 31, 2006... (From Business Recorder) Byline: REHAN HASAN NAQVI (KARACHI) It has been reported in print and electronic media that "the last date for filing income tax returns for most of the companies and deposit of tax is December 30," and "to...

Precautions for meat on Eid.
December 31, 2006... (From Business Recorder) Byline: DR NAVEED AKHTAR (LAHORE) The purchase of animals for sacrifice is gaining pace for Eid-ul-Azha. The following things should be kept in mind while purchasing the animal for sacrifice: -- The...

Signs of increasing distress in Balochistan.
December 31, 2006... (From Business Recorder) Reports coming out of Balochistan belie the confidence that the government leaders in Islamabad like to project about resolving the crisis there through the use of force rather than dialogue. In a first...

Public-private partnership in population welfare.
December 31, 2006... (From Business Recorder) The establishment of directorate of Public-Private Sector Organisations (PPSO) partnership by the Ministry of Population Welfare, envisaging collaboration among all social sector ministries, NGOs and donor...

Ratings of former Union Bank's TFCs.
December 31, 2006... (From Business Recorder) The status of ratings placed on 'Rating Watch', JCR-VIS has started appending a direction 'Positive, Negative or Developing' to all its Rating Watch indications. The ratings of A (Single-A) assigned by...

Six Supreme Court benches constituted for next week.
December 31, 2006... (From Business Recorder) Six benches of the Supreme Court have been constituted for the week starting from January 3, 2007, for hearing of hundreds of cases at all its four registries. However, there will be no bench at Islamabad during...

No decision yet on party candidate for future Prime Minister: Shujaat's clarification.
December 31, 2006... (From Business Recorder) Byline: MUMTAZ ALVI It took Pakistan Muslim League leadership less than 24 hours to clarify that no decision had been taken yet on who would be the party's next candidate for prime minister's slot, an...

Afghans' registration till January 19.
December 31, 2006... (From Business Recorder) The government has announced that the registration of Afghan citizens in Pakistan will be continue till January 19, 2007, with a four-day break for Eid-ul-Azha early in January. In view of the high...

44,500 bales of clean cotton produced.
December 31, 2006... (From Business Recorder) About 44,500 bales of clean lint cotton are produced and 32,900 bales are sold by the ginners to the exporters and spinning/textile sector at an average premium of over Rs 35 per maund. According to Pakistan...

Submission of power bill date extended.
December 31, 2006... (From Business Recorder) Due dates of electricity bills falling on January 1,2,3, 2007 extended to January 5, 2007 without late payment charges due to Eidul Azha and bank holidays, KESC spokesman announced here on Saturday. In this...

'Diplomatic efforts to resolve Kashmir dispute'.
December 31, 2006... (From Business Recorder) Federal Minister for Kashmir Affairs Major Tahir Iqbal (Retd) on Saturday said that a peaceful resolution of Kashmir dispute can only be achieved through diplomatic and political efforts with the involvement of...

AIDP to stabilise local auto industry: vehicle imports reach 13,000 mark.
December 31, 2006... (From Business Recorder) Byline: JAVED MIRZA The consensus between the Government of Pakistan and the local auto assemblers on the Auto Industry Development Plan (AIDP), though not yet finally approved, has protected the country's...

329 deportees arrive from Muscat.
December 31, 2006... (From Business Recorder) A launch carrying 329 illegal Pakistani emigrants from Muscat anchored at Karachi's Ghas Bandar on Saturday. These Pakistani nationals were arrested by the Muscat security forces for illegal entry in the Gulf...

18 die in separate accidents in Punjab.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT At least eighteen people died and ten injured, four of them seriously in three mishaps at Burewala (Vehari district)Qadirpur Rawan and Muzaffarabad (Multan district) on Saturday. The...

Eid prayers at Faisal Mosque.
December 31, 2006... (From Business Recorder) The Eid-ul-Azha prayer at Faisal Mosque will be offered on Monday at 8:30 am. According to the Management of Faisal Mosque Islam Centre, International Islamic University Islamabad (IIUI) here, Dr Muhammad Ali...

Disaster management: Centre plans teams in Islamabad and Karachi.
December 31, 2006... (From Business Recorder) Byline: PEER MOHAMMAD The federal government has planned to put in place two 'Core Search and Rescue Teams' under Director General Civil Defence to be deployed in Karachi and Islamabad. The project is aimed...

SLCL ratings upgraded.
December 31, 2006... (From Business Recorder) JCR-VIS has upgraded the medium to long- term entity rating of Sigma Leasing Corporation Ltd (SLCL) from tBBB+' (Triple B Plus) to 'A-' (Single A Minus) with a 'Stable' outlook. Short-term rating has been...

Jamaat-i-Islami to establish 40 camps for collection hides.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Ameer Jamaat-i-Islami Lahore Hafiz Salman Butt has said that Jamaat-i-Islami would establish 40 camps in the city for collection of hides of sacrificial animals. Talking to...

Classes VI-VIII to be taught new History curriculum.
December 31, 2006... (From Business Recorder) Byline: ZAHEER ABBASI The national curriculum in History for Classes VI to VIII which, apart from political and economic aspects of Muslim rule, also includes teaching of religious tolerance and cultural...

Stripping of youth: angry ARD seeks debate in National Assembly.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Highly agitated law makers of Alliance for Restoration of Democracy (ARD) on Saturday filed an adjournment motion with the National Assembly, seeking an in-house debate on the police's...

Nawaz hints at vengeance.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Hinting at vengeance, seven years after his removal from power, Pakistan Muslim League leader Mian Nawaz Sharif on Saturday said that President General Pervez Musharraf and his...

Year ends without relief to masses: PPP.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT Pakistan Peoples Party Women Wing Information Secretary MPA Shazia Marri said that year 2006 had ended without any relief to the people. At a press conference to review the year 2006...

TFAT to launch 'Talent Bank of Pakistan'.
December 31, 2006... (From Business Recorder) Byline: RECORDER REPORT With a view to identifying the root cause of numerous problems in our society, Taaleem For All Trust (TFAT) will launch "Talent Bank of Pakistan". The proposed Talent Bank of Pakistan...