Business Recorder articles from December 2009

Business Recorder archives from December 2009

Bullion Rates.
December 31, 2009... Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 30, 2009). ================================== In rupees per 10 gram ================================== MULTAN ----------------------------------...

LME official plastics prices.
December 31, 2009... Byline: RECORDER REPORT The following were Tuesday official prices. ======================================================================================= PP PA PE PN North LL LA LE LN North Global Asia Europe America Global Asia Europe...

LME official prices.
December 31, 2009... Byline: RECORDER REPORT The following were Tuesday official prices. =================================================================================================== Aluminium Aluminium Copper Lead Nickel Tin Zinc Nasaac...

Cotton Spot Rates.
December 31, 2009... Byline: RECORDER REPORT Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 30, 2009). =========================================================== The KCA Official Spot Rate for Local Dealings in Pak...

Poultry Rates.
December 31, 2009... Byline: RECORDER REPORT Wholesale poultry rates on Wednesday (December 30, 2009) and for Thursday (December 31, 2009). Eggs: Rs. 2190/2195 per 30 dozen; Broiler Birds (live): Rs 96 per kilogram; Cull Birds (live): Rs 62 per kilo. RATES...

Lahore Grain Market Rates.
December 31, 2009... Byline: RECORDER REPORT Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 30, 2009). ======================================= Per 100 kg ======================================= Sugar 6300/6340 Gur 5500/5800...

Lahore Paper Market Rates.
December 31, 2009... Byline: RECORDER REPORT Paper market rates in rupees on Wednesday (December 30, 2009). =============================================== OFFSET PAPER (PER LB) =============================================== Indonesia...

National Commodity Exchange Trading Summary.
December 31, 2009... Byline: RECORDER REPORT National Commodity Exchange Limited Trading Summary on Wednesday (December 30, 2009)....

Kerb buying and selling rate of US dollar.
December 31, 2009... Byline: RECORDER REPORT Dollar buying and selling rate in the kerb market in rupees on Wednesday (December 30, 2009). ============================== Open Buying Rs.84.40 Open Selling Rs.84.50 ============================== Copyright...

Dollar's rate in interbank market.
December 31, 2009... Byline: RECORDER REPORT Interbank closing rates for dollar on Wednesday (December 30, 2009). ============================== Buying Rs.84.20 Selling Rs.84.25 ============================== Copyright 2009 Business Recorder

Shipping Intelligence.
December 31, 2009... Byline: RECORDER REPORT Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 30, 2009). PORT QASIM INTELLIGENCE ====================================================================================...

THE RUPEE: all-round gains.
December 31, 2009... Byline: RECORDER REPORT Steady trend was seen on the currency market on Wednesday as the rupee stood firm versus dollar due to easy supply of the greenback, dealers said. On the interbank market the rupee was up by two paisa versus dollar for...

Bank: HABIB METROPOLITAN BANK - Analysis of Financial Statements C Year 2003 - 2003 Q 2009.
December 31, 2009... Habib Metropolitan Bank was initially known as Metropolitan Bank. It was incorporated in Pakistan on August 3, 1992. From October 1992 to September 2006, it remained a highly rated bank and with its nationwide 51-branch online network,...

Revised Rates of Debt Securities.
December 31, 2009... Byline: RECORDER REPORT The following were the revised rates of debt securities on Wednesday (December 30, 2009). ============================================================================================================ RATES OF DEBT...

Cross Transactions between Client to Client & Financial Institutions.
December 31, 2009... Byline: RECORDER REPORT The following were the cross transactions between client to client & financial institutions here on Wednesday (December 30, 2009). ==================================================================== CROSS...

Member to Member.
December 31, 2009... Byline: RECORDER REPORT The following transactions member to member subsequently reported on Wednesday (December 30, 2009). ============================================================================== MEMBERS HAVE SUBSEQUENTLY REPORTED...

Mutual Funds Association of Pakistan.
December 31, 2009... Byline: RECORDER REPORT Mutual Funds Association has issued open-end funds daily prices for Wednesday (30 December 2009) PENSION FUNDS (OPEN-END FUNDS): CLOSED-END FUND NAVs:...

Despatch of dividend warrants.
December 31, 2009... Byline: RECORDER REPORT Dates of despatch of dividend warrants and bonus share certificates. ======================================================================================= Company Year Ended/Ending Dividend/Bonus Dispatched...

BRIndex30 and BR Sectoral Indices.
December 31, 2009... Byline: RECORDER REPORT BRIndex30 and BR Sectoral Indices on Wednesday (December 30, 2009). =================================== BR INDICASE AT A GLANCE =================================== BRINDEX30 - ===================================...

Board meetings in progress.
December 31, 2009... Byline: RECORDER REPORT Board Meetings in Progress of Companies listed on the Karachi Stock Exchange. ========================================================================================== COMPANY SCHEDULED ON TIME TO CONSIDER R E M A...

BOARD MEETINGS.
December 31, 2009... Byline: RECORDER REPORT Board Meetings of Companies listed on the Karachi Stock Exchange. ========================================================== Name of Company Date Time ========================================================== N.P....

Board Meetings.
December 31, 2009... Byline: RECORDER REPORT Board Meetings of Companies listed on the Karachi Stock Exchange. ========================================================================================= Company SCHEDULED ON TIME PLACE TO...

Proposed right issues.
December 31, 2009... Byline: RECORDER REPORT Right issues proposed by companies listed on Karachi Stock Exchange. =============================================================================== PROPOSED RIGHT...

Last date of renunciation/payment.
December 31, 2009... Byline: RECORDER REPORT Last dates of renunciation/payment. =============================================================================== LAST DATE FOR RENUNCIATION/PAYMENT...

Clearing Schedule for T+2 System.
December 31, 2009... Byline: RECORDER REPORT Karachi Stock Exchange's Clearing Schedule for T+2 System. ================================================================ CLEARING SCHEDULE FOR T+2 SYSTEM FOR THE MONTHS OF DECEMBER 2009 & JANUARY 2010...

NJLI YAQEEN GROWTH FUND RATES.
December 31, 2009... Byline: RECORDER REPORT NJLI Yaqeen Growth Fund Rates on Wednesday (December 30, 2009). ============================= Offer Price 529.47 Bid Price 502.98 ============================= Copyright 2009 Business Recorder

NJLI Sarmaya Growth Fund Rates.
December 31, 2009... Byline: RECORDER REPORT New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (December 30, 2009). ============================= Offer Price 226.36 Bid Price 215.03 ============================= Copyright 2009 Business...

NJLI MEESEQ Fund Rates.
December 31, 2009... Byline: RECORDER REPORT NJLI Meeseq Fund Rates on Wednesday (December 30, 2009). ============================= Offer Price 496.38 Bid Price 471.56 ============================= Copyright 2009 Business Recorder

NJLI Managed Growth Fund Rates.
December 31, 2009... Byline: RECORDER REPORT New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (December 30, 2009). ============================= Offer Price 482.44 Bid Price 458.31 ============================= Copyright 2009 Business...

Pakistan Government International Bonds.
December 31, 2009... Byline: RECORDER REPORT Pakistan Government International Bonds daily prices for Wednesday (December 30, 2009) ====================================================================== Pakistan Government International Bonds...

US treasuries bid yields.
December 31, 2009... Byline: RECORDER REPORT US treasuries bid yields on Wednesday (December 30, 2009). =========================================================================== US TREASURIES (BID...

US treasuries bid prices.
December 31, 2009... Byline: RECORDER REPORT US treasuries bid prices on Wednesday (December 30, 2009). ========================================================================================== US TREASURIES (BID PRICES)...

Currency values in terms of Special Drawing Rights.
December 31, 2009... Byline: RECORDER REPORT The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR). ======================================================================================...

Open market rates of foreign currencies.
December 31, 2009... Byline: RECORDER REPORT Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (December 30, 2009). ========================================================================= CURRENCY BUYING...

Spot dollar rates.
December 31, 2009... Byline: RECORDER REPORT Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (December 30, 2009). ======================================= Ex Interbank Rate PKR against USD ======================================= BID...

London Interbank Offered Rates.
December 31, 2009... Byline: RECORDER REPORT London Interbank Offered Rates (LIBOR) on Wednesday (December 30, 2009). ======================================================== Rates at 11:00 London time Wednesday (December 30, 2009)...

Money Market Report.
December 31, 2009... Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (December 30, 2009). DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 10.50% - 11.00%. In Repo, major deals were done in the...

Banks' rates for currency notes (buying and selling).
December 31, 2009... Byline: RECORDER REPORT The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Wednesday (December 30, 2009). =================================== Selling Buying...

LIBOR calculating interest on US dollar.
December 31, 2009... Byline: RECORDER REPORT London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (December 30, 2009). ========================================= BONDS LIBOR VALUE =========================================...

Interest rates on old and incremental FCY deposits.
December 31, 2009... Byline: RECORDER REPORT Interest rates on old and incremental FCY deposits on Wednesday (December 30, 2009). ================== Rates % pa ================== USD 0.1000 GBP 0.1000 ================== Copyright 2009 Business Recorder

Interest rates on new foreign currency deposits.
December 31, 2009... Byline: RECORDER REPORT Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (December 30, 2009). ================================================= INTEREST...

Bill buying rates per unit of currency.
December 31, 2009... Byline: RECORDER REPORT Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (December 30, 2009)....

Conversion for foreign currency deposits.
December 31, 2009... Byline: RECORDER REPORT Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (December 30, 2009). =============================================== US DOLLAR POUND...

Currency notes: exchange rates.
December 31, 2009... Byline: RECORDER REPORT Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (December 30, 2009). ============================================= AUTHORISED...

Exchange rates: buying and selling.
December 31, 2009... Byline: RECORDER REPORT Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (December 30, 2009). ========================================= Countries Selling Buying Buying TT&OD TT Clean...

State Bank of Pakistan conversion rates.
December 31, 2009... Byline: RECORDER REPORT Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for...

Barclays bid rates and maximum rates for payment of interest.
December 31, 2009... Byline: RECORDER REPORT Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) --...

Aaj TV - Thursday's schedule.
December 31, 2009... Byline: RECORDER REPORT 06:00 News Bulletin 06:25 Headline News 06:30 News Bulletin 06:55 Headline News 07:00 Bolta Pakistan 07:25 Headline News 07:30 Bolta Pakistan 07:55 News Bulletin 08:25 Headline News 08:30 News Bulletin 08:55 News...

Activity at Karachi and Qasim Ports.
December 31, 2009... Byline: RECORDER REPORT The Karachi Port handled 97,421 tonnes of liquid import cargo including 58,419 tonnes of import 39,002 tonnes of export cargo and 3,517 loaded and empty containers during last 24 hours ended at 0700 hours on Wednesday....

Prices sharply higher on cotton market.
December 31, 2009... Byline: RECORDER REPORT Bullish sentiment prevailed on the cotton market on Wednesday as prices tended higher due to tight supplies, dealers said. The Karachi Cotton Association (KCA) spot rate was raised by Rs 75 to Rs 4,450, dealers said....

Grain market remains closed.
December 31, 2009... Byline: RECORDER REPORT Seed and grain wholesale markets remained closed on Wednesday because normal trading activity could not start as a result of an ugly incident, which killed nearly 44 people, caused damage of billions of rupees and...

Seoul launches electric hybrid taxis.
December 31, 2009... The South Korean capital Seoul has launched electric hybrid green taxis that use less fuel and cut emissions. Ten of the vehicles have been in pilot service in the city since the launch in early December. The Hyundai Avante and Kia Forte...

PFF Congress meeting to be held on December 31.
December 31, 2009... Byline: RECORDER REPORT The meeting of Pakistan Football Congress will be held in Lahore's FIFA Football House on Thursday (today). Pakistan Football Federation (PFF) President Syed Faisal Saleh Hayat will chair the meeting. The agenda of...

Pentangular Cup put off for a day.
December 31, 2009... Byline: RECORDER REPORT The RBS Pentangular Cup (First Class Tournament) 2009-2010 scheduled to start from 1st January 2010 will now start from 2nd January 2010 due to strike on 1st January 2010 at Karachi. A spokesman of Pakistan Cricket...

Ponting hails MCG win.
December 31, 2009... Ricky Ponting Wednesday became Test cricket's most winning player and captain after Australia won the first Test over Pakistan in emphatic fashion. Ponting declared the win one of the side's best in years. "It's been a great game for us, it's...

Pakistan players show interest in IPL auction.
December 31, 2009... At least twelve Pakistani cricketers have applied to be included in the next player auction of the Indian Premier League (IPL) which takes place on January 19, 2010 ahead of IPL 3.0. After missing out on visa's early this month players were told...

Hauritz spins Australia to big win over Pakistan.
December 31, 2009... Off-spinner Nathan Hauritz claimed his maiden five-wicket haul as Australia beat Pakistan by 170 runs in first cricket Test at the MCG on Wednesday. Hauritz, whose previous best was four for 86, bagged two wickets in his first over after lunch...

Pakistan eye dual spin attack at SCG.
December 31, 2009... Pakistan admit they need more than expected recall of spinner Danish Kaneria and even possible return of ex-skipper Younus Khan to beat Australia in second cricket Test at the SCG. While they would undoubtedly be a big help, tourists were on the...

Sports academies to be set up in Punjab.
December 31, 2009... Byline: RECORDER REPORT Sports academies would be established in Punjab for promoting sports activities and training new players in different disciplines. Strategies would also be evolved for the repair and maintenance of old infrastructure...

PTCL wins Special International Recognition Award.
December 31, 2009... On the occasion of 27th International Telecom Management Information Platform (TEMIP) User Group Conference held at Hamburg, Germany PTCL Network Operations Centre (NOC) team has been honoured with 'Special International Recognition Award' on...

KESC consumer tariff 15-paisa hike recommended.
December 31, 2009... Byline: GHULAM ABBAS National Electric Power Regulatory Authority (Nepra) has recommended an increase of 15 paisa per kilowatt (kWh) in the consumer end tariff of Karachi Electric Supply Company (KESC) with retrospective effect from July 1,...

Non-implementation of PaCCS: Pakistan will take a hit of Rs 100 billion per year.
December 31, 2009... Byline: IQBAL MIRZA The implementation of Pakistan Customs Computerised System (PaCCS) is reportedly being delayed by the Federal Board of Revenue (FBR). In case the System is stopped, economy of Pakistan will take a hit of at least Rs 100...

JUI-S chief offers mediation between government, militants.
December 31, 2009... Byline: RECORDER REPORT Jamiat Ulema-e-Islam-S (JUI-S) chief Maulana Sami-ul-Haq said on Wednesday that he was ready to play the role of mediator between the government and militants. He said we have also offered mediation before the starting...

Parents urged to get their children registered with Nadra.
December 31, 2009... National Database and Registration Authority (Nadra) has urged parents to get their children timely registered by obtaining children registration certificate (CRC) to avoid any inconvenience in case of urgent need. Special instructions have been...

Robbers killed.
December 31, 2009... Byline: RECORDER REPORT At least two robbers were killed on Wednesday by unidentified armed men in the jurisdiction of Zaman Town police, sources said. According to details, two members of Akram Meho group, a renowned dacoit, found dead near...

PAYAAM celebrates birthdays of poor children.
December 31, 2009... Byline: SEHRISH WASIF In Pakistan the rapidly escalating prices of basic bio-physical necessities - food, health and shelter has made the lives of the poor a permanent source of misery as the number of children running away from their houses...

Amendment in rules: National Assembly body for creating opposition leader's slot in Gilgit-Baltistan Assembly.
December 31, 2009... Byline: PEER MUHAMMAD The National Assembly Standing Committee on Gilgit-Baltistan has recommended amendment in rules to create the slot of opposition leader in the Gilgit-Baltistan Legislative Assembly. The committee met here on Wednesday...

PTA formulates two sets of KPIs.
December 31, 2009... Pakistan Telecommunications Authority (PTA) formulated two sets of Key Performance Indicators (KPI's) to improve and monitor the Quality of Service (QoS) of "Fixed Broadband" and "GPRS/EDGE" networks, says a press release issued here on...

Dispute over grounding causing delay: 51,027 tons urea carrying ship awaiting berthing off Gwadar port.
December 31, 2009... Byline: ISMAIL DILAWAR A ship carrying over 51,000 tons of fertiliser, imported by the Trading Corporation of Pakistan (TCP) from Ukraine at a cost of $16 million is waiting to be berthed at Gwadar Port for the last three weeks. M/v JPO...

Pakistan, Thailand exchange instruments of MoU ratification.
December 31, 2009... Pakistan and Thailand on Wednesday exchanged instruments of ratification of the memorandum of understanding (MoU) on 'Co-operation in the Transfer of Offenders and Enforcement of Penal Sentences'. The agreement between the two countries entered...

Indonesia's former president Wahid dies at 69.
December 31, 2009... Former president Abdurrahman Wahid, Indonesia's first elected leader after the 1998 fall of the dictator Suharto's regime, died Wednesday after long-term illnesses, relatives said. He was 69.Wahid's brother, Solahuddin Wahid, confirmed to the...

Doctors hospital scam: IO directed to complete investigation within fortnight.
December 31, 2009... Byline: RECORDER REPORT Supreme Court, while granting leave to appeal in connection with a petition filed by Doctors hospital, has directed the Investigating Officer (IO) to complete the investigation within fortnight in case of Imane Malik,...

City life returning to normal after bomb blasts.
December 31, 2009... Byline: AAMIR MAJEED Routine life in the volatile city on Wednesday returning towards normalisation after four days of bloodshed that claimed 45 lives and left over 142 injured in three consecutive bomb blasts in different localities, besides...

Cinders still burning.
December 31, 2009... Byline: RECORDER REPORT The fire that engulfed the country's largest wholesale market (Boulton Market), following violence after a bomb blast at Ashura procession, could not be completely doused even after hectic efforts of 2 days, fire...

Karachi bus owners support strike call for Friday.
December 31, 2009... Anjuman-e-Ettehad Bus Malikan (Association of Bus Owners), Karachi here on Wednesday announced support for the strike call given for Friday by Sunni Ulema Council. In joint statement office bearers of the Association including Mohammad Ashraf...

Interviews for M Phil on January 6.
December 31, 2009... Byline: RECORDER REPORT The University of Sindh has announced on Wednesday that interviews for M.Phil in botany will be conducted on January 6, 2010. The candidates who have qualified pre entry test for admissions to M.Phil botany are hereby...

Losses in riot on Benazir Bhutto's assassination: Business Community demands assurance of compensation from government.
December 31, 2009... Byline: RECORDER REPORT Business Community has demanded assurance from the government that the loss of traders, shop and property owners to be compensated. They said around 3000 shops were set ablaze and the total loss was initially estimated...

Section 144 imposed.
December 31, 2009... Byline: RECORDER REPORT The Zila Nazim Hyderabad Kanwar Naveed Jamil while imposing section 144 Cr.P.C. has ban any type of gathering within a radius of 200 yards of Examination Centre at Dr N A Baloch Model School, University of Sindh, Elsa...

PTI women's wing inaugurates two wells in 'Kachi Bastis.
December 31, 2009... Pakistan Tehreek-e-Insaf (PTI) Women's Wing on Wednesday inaugurated two wells in 'Kachi Bastis' to provide clean water to the residents of the area. The Women's Wing led by Fauzia Kasuri, accompanied by Rabia Zia PTI UK besides the local PTI...

Call for balanced fuel strategy to meet power demand.
December 31, 2009... Byline: RECORDER REPORT Speakers at a seminar on "Future of Energy Security and Economic Impact in Region" said that a balanced fuel strategy should be used to meet the growing demand of power by exploitation of indigenous resources. The...

Fai rejects IHK autonomy concept as absolute fallacy.
December 31, 2009... A Kashmiri scholar on Wednesday rejected the concept of autonomy or self-rule for Kashmir as absolute fallacy and stressed the right to self-determination offers the only way forward for resolution of the decades-old conflict. The concept of...

FDE to establish Federal Government College for Home Economics.
December 31, 2009... Federal Directorate of Education (FDE) has initiated a project of first ever Federal Government College for Home Economics and Management Sciences in the federal capital to facilitate the female students. The project has been approved by the...

Pakistan the best place to do business.
December 31, 2009... Byline: QAZI OBAID (KARACHI) Referring to the letter of Iskander Sultan, President, Pakistan Business Council Dubai, dated December 24, 2009, I totally don't agree with his view that no other city or country can match Dubai in term of...

PPP has credible men such as Raza, Aitzaz.
December 31, 2009... Byline: GULL ZAMAN (PARIS) This is with reference to the ongoing debate after the annulment of NRO by the full bench of the Supreme Court. There is no confusion in any sane Pakistani's mind that military rule is neither an option, nor does it...