Business Recorder articles from February 2007

Business Recorder archives from February 2007

Bullion Rates.
February 28, 2007... (From Business Recorder) ================================== In rupees per 10 gram ================================== KARACHI ---------------------------------- Gold Tezabi 13339.00 Silver Tezabi ...

LME plastic prices.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================= POLYPROPYLENE LINEAR LOW (PP) (LL) ========================================= March...

Cotton Spot Rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT =========================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees...

LME official prices.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ================================================================================================= Aluminium Aluminium Copper Lead Nickel Tin ...

Lahore Grain Market Rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================= Per 100 Kg ======================================= Sugar 2880/2900 Gur ...

Poultry rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT Wholesale poultry rates on Tuesday (February 27, 2007) and for Wednesday (February 28, 2007). Eggs: Rs 1200/1205 per 30 dozen; Broiler Birds (live): Rs 88 per kilogram; Cull Birds...

Lahore Paper Market Rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================= IMPORTED OFFSET PAPER (per Lb) ========================================= Alma copy All size 70 ...

Shipping Intelligence.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT =============================================================================== Berth Vessels Working Agent Berthing No Along...

Kerb buying and selling rate of US dollar.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ================================ Buying Rs 60.68 Selling Rs 60.78 ================================ Dollar buying and selling rate in...

Dollar's rate in interbank market.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================== Buying Rs 60.69 Selling Rs 60.71 ============================== Interbank closing rates for dollar on...

THE RUPEE: parity with dollar unchanged.
February 28, 2007... (From Business Recorder) Byline: RECORDER RE0PORT Firmness prevailed in the interbank market on Tuesday as the rupee was unmoved against the dollar, for buying and selling at 60.69 and 60.71, dealers said. Balanced demand and supply...

Glass & Ceramics: EMCO INDUSTRIES LIMITED - Year Ended 30 June 2006.
February 28, 2007... (From Business Recorder) Byline: SCANNER The company has encountered losses in many years during the last 10 years. For this the management reasoned that its plants were shut down, details of which are given in this "Brief". ...

All shares index report.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================================================================================================== ==== ALL SHARES INDEX REPORT (Sector-wise)...

Mutual Funds Association of Pakistan.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================================================================================================== == Names Asset Manager ...

BRIndex30 and BR Sectoral Indices.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT =================================== BR INDICASE AT A GLANCE =================================== BRINDEX30 - =================================== Day...

Cross Transactions.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT =========================================================================== FINANCIAL INSTITUTIONS ===========================================================================...

Board meetings in progress.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ================================================================================ COMPANY SCHEDULED ON TIME TO CONSIDER R E M A R K S...

BOARD MEETINGS.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================================================= Name of Company Date Time...

Board Meetings.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================================================================================ Company SCHEDULED ON TIME PLACE TO...

Dividend/Bonus Announcements.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ==================================================================================================== FOR THE YEAR PROFIT/(LOSS) ...

Proposed right issues.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT =========================================================== PROPOSED RIGHT ISSUE =========================================================== Company ...

Last date of renunciation/payment.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT =============================================================================== LAST DATE FOR RENUNCIATION/PAYMENT...

Shares buy-back schedule.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================================================================= Company Re-Purchase From To Member appointed ...

Companies under suspension.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================================================= COMPANY Date of COMPANY Date of ...

Clearing Schedule for T+3 System.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ================================================================ CLEARING SCHEDULE FOR T+3 SYSTEM FOR THE MONTHS OF FEBRUARY & MARCH 2007...

EFU Capital Growth Fund Rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer price 143.66 Bid Price 136.48 ============================= EFU Capital Growth Fund Rates on Tuesday...

EFU Pension Growth Fund Rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer price 113.52 Bid price 107.84 ============================= EFU Pension Growth Fund Rates on Tuesday...

EFU Managed Growth Fund Rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer price 601.18 Bid price 571.12 ============================= EFU Managed Growth Fund Rates on Tuesday...

NJLI Sarmaya Growth Fund Rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================== Offer Price 197.68 Bid Price 187.79 ============================== New Jubilee Life Insurance Sarmaya Growth...

NJLI Pension Fund Rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================== Offer Price 369.12 Bid Price 350.65 ============================== New Jubilee Life Insurance Pension Fund...

NJLI Managed Growth Fund Rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer Price 407.14 Bid Price 386.77 ============================= New Jubilee Life Insurance Managed Growth Fund...

KKI closing rates of currency notes.
February 28, 2007... (From Business Recorder) ================================================= Currency Notes KKI Buying KKI Selling ================================================= US $ 60.62 60.67...

Currency values in terms of Special Drawing Rights.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ====================================================================================== February 27,2007...

US treasuries bid yields.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT =========================================================================== US TREASURIES (BID YIELDS)...

US treasuries bid prices.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================================================================== US TREASURIES (BID...

Open market rates of foreign currencies.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================================================= CURRENCY BUYING SELLING CURRENCY BUYING SELLING...

London Interbank Offered Rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================================= Rates at 11:00 London time Tuesday (February 27, 2007) ========================================================= ...

Spot dollar rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================== Ex Interbank Rate PKR against USD ======================================== BID OFFER CLOSE...

Banks' rates for currency notes (buying and selling).
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ==================================== Selling Buying ==================================== US DOLLAR 61.41 59.83 SAUDI RIYAL 16.37...

Money Market Report.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (February 27, 2007). DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 8.50% - 9.00%. As the day...

Interest rates on new foreign currency deposits.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ================================================= INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS US DOLLAR ================================================= PERIOD FOR THE...

Bill buying rates per unit of currency.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================================================== BILL BUYING RATES PER UNIT OF CURRENCY...

LIBOR calculating interest on US dollar.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================= BONDS LIBOR VALUE ========================================= 6 MONTHS US DOLLAR 5.39 27-02-2007...

Interest rates on old and incremental FCY deposits.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ================== Rates % pa ================== USD 0.1000 GBP 0.1000 ================== Interest rates on old and incremental FCY...

Currency notes: exchange rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================================= AUTHORISED DEALERS' RATES FOR CURRENCY NOTES ============================================= COUNTRY SELLING ...

Exchange rates: buying and selling.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================== Countries Selling Buying Buying TT&OD TT Clean OD/T.CHQ ======================================== USA ...

Conversion for foreign currency deposits.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT =============================================== US DOLLAR POUND STERLING EUR JAPANESE YEN =============================================== 60.6930 119.0493 ...

State Bank of Pakistan conversion rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================== US Dollar 60.6930 Pound Sterling 119.0493 Euro 79.8902 Japanese Yen 0.5027 ========================== ...

Barclays bid rates and maximum rates for payment of interest.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================================= INTEREST PAYABLE ON FE DEPOSITS ======================================================= BBA BID ...

Aaj TV - Wednesday's schedule.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT 06:00 Aaj Market Evening 06:35 Tilawat 06:55 News Bulletin 07:30 Urban Desi 07:55 Headline News 08:00 Faultlines 08:55 Headline News 09:00 Aaj Market Morning (Live) 09:45 Beeper...

Activity at Karachi and Qasim ports.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT The Karachi Port handled 66,019 tonnes cargo including 41,002 tonnes import, 25,017' tonnes export cargo and 4,264 containers during last 24 hours ending at 0700 hours on Tuesday. The...

Oil cake market rates.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT Both the futures were unchanged on the forward cottonseed oilcake market on Tuesday as traders were active to the extent of meeting the near-term needs, they said. The March vaida was...

Gram prices fall on grain market.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT Modest business was seen on the grain market on Tuesday though buyers were active to meet the urgent needs due to falling trend in the prices, dealers said. On the grams side,...

Raw rubber up on Jodia Bazar.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT The trading on raw rubber closed up on Jodia Bazar here on Tuesday. The following changes were noted. RAW RUBBER CEYLON (Per lb): RSSV went up by Rs 3 at Rs 68 and Pale Crape TPC3...

All-out efforts to get laurels for country: Inzamam.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT The final decision pertaining to inclusion or dropping of pacers Shoaib Akhtar, Muhammad Asif and Umer Gul in the final line-up of Pakistan cricket team for World Cup 2007 will be made...

Multan to have 12 water purification plants.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT The City District Government Multan will provide 12,000 gallons clean water to citizens through purification plants being installed at 12 different locations in the city, from March...

Crackdown against cattle pens begins on March 1.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT The City District Government has announced launching crackdown against cattle pens, who failed in shifting their cowsheds till February 28 and formed four squads comprising police,...

Partly Facetious: electricity to cost more when more of it is needed in summer.
February 28, 2007... (From Business Recorder) Byline: ZOHRA IBRAHIM "The price of electricity has been increased by 10%." "Right but the price of gas has been reduced." "Is there a trade-off there you think?" "Not at all. We use more...

IDA to give $100 million for Punjab education uplift.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT International Development Association (IDA) will provide $100 million for Fourth Punjab Education Development Policy Credit (PEDPC IV) and Punjab government will provide $850 million...

CSIBL issue.
February 28, 2007... (From Business Recorder) Byline: MS NADIA SOOMRO (KARACHI) This has reference to Dr Tharani's letter published on February 23, 2007 in Business Recorder under the caption of CSIBL issue, I would like to add here that SECP has been...

PAF safety concerns.
February 28, 2007... (From Business Recorder) Byline: IRFAN BUTT (SINGAPORE) More PAF aircraft have been lost during peace time, than during active war duty. These losses include all types of aircraft, ranging from F16, Mirages, F6 etc. Does this not...

Balloting still awaited.
February 28, 2007... (From Business Recorder) Byline: DR ALFRED CHARLES (KARACHI) More than one month has gone now and still investors are waiting for the balloting results of OGDCL shares. In the first week of January 2007 the Privatisation Commission...

How independent are KSE's independent directors?
February 28, 2007... (From Business Recorder) Byline: KHALIL AHMED The recent ongoing conflict between the nominated directors and the management of the Karachi Stock Exchange has been a source of concern for many, who had been advocating for...

New initiative for alternative energy development.
February 28, 2007... (From Business Recorder) Heartening, indeed, it is to learn from a Recorder Report that the government sailed through the National Assembly with a bill to establish Alternative Energy Development Board as a permanent body to facilitate...

Hike in power tariff.
February 28, 2007... (From Business Recorder) After dithering for a long period, the government finally decided to increase electricity tariff by 10 percent with effect from 24th February, 2007 for all categories of consumers except those who consume 50...

Multan lawyers threaten to launch protest drive.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT Multan High Court Bar Association office-bearers have threatened to launch a protest drive in Southern Punjab on allowing or instigating Sahiwal clients to file petitions before the...

Six murderers hanged in Punjab jails.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT Six condemned prisoners, involved in murder cases, were hanged till death in different jails of Punjab on Tuesday morning. Three robbers Ubaidullah (45) son of Faqirullah of Yazman,...

Pakistan offers excellent opportunities of investment: Soomro.
February 28, 2007... (From Business Recorder) Being a big emerging market, Pakistan offers excellent prospects of profitable investment in a host of areas, said Senate Chairman Mohammedmian Soomro on Tuesday. He was talking to the President of Eurasia Group,...

Oil and gas output to be raised to 100,000 barrels a day.
February 28, 2007... (From Business Recorder) The government is making out efforts to increase domestic oil and gas production to 100,000 barrels per day from existing 66,000 barrels per day and natural gas production to five billion cubic feet per day from...

Fesco initiating mega project to upgrade grid stations.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT The Fesco is initiating a mega project to renovate and upgrade its existing grid stations besides adding to 12 new grid stations at a cost of Rs 1.2 billion, said Sheikh Muhammad...

Blood banks told to get registered.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT The Health Regulatory Authority (HRA) has directed the private sector blood banks to get registered with the Health Regulatory Authority, NWFP, under the 'NWFP Province Medical and...

Prime Minister's livestock initiative project launched.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT A special programme, the Prime Minister's Livestock Initiative Project, has been launched across the country with the objective to increase the income of the rural population through...

'Self-monitoring plan key to control pollution'.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT NWFP Minister for Finance and Environment, Shah Raz Khan said that launching of self-monitoring and reporting programme for controlling environmental pollution was a positive step in...

Healthy sports vital for students' grooming: vice chancellor.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT Vice Chancellor of the University of Agriculture Faisalabad, Professor Dr Bashir Ahmed said the university had not only strengthened agriculture field in the country but was also...

NWFP launches stipend scheme for senior citizens, youths.
February 28, 2007... (From Business Recorder) Byline: ABDUL QADOOS The NWFP government on Tuesday has formally launched social security support stipends for senior citizens, unemployed post-graduates and qualified students of Wafaq-ul-Madaris of the...

Extra steps taken to check cross-border infiltration: Aurakzai briefs Beckett.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT The British Secretary of State for Foreign and Commonwealth Affairs, Margaret Mary Beckett along with a delegation, including British High Commissioner Robert Brinkley called on the...

Asia Pacific parliamentarians visit Lahore Museum.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT The delegates of Asia Pacific Parliamentarians Conference on Environment and Development (APPCED) visited the Lahore Museum on Tuesday. Director Lahore Museum, Naheed Rizvi, informed...

Nullah Lai project to be inaugurated on March 23.
February 28, 2007... (From Business Recorder) President General Pervez Musharraf along with the Chief Minister Punjab Chaudhry Pervaiz Elahi would inaugurate the Rs 14 billion mega " Nullah Lai Highway Express" project on March 23. Federal Minister for...

Allama Naeemi, 100 others acquitted.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT An special court of suppression of terrorist activities has acquitted Allama Sarfraz Naeemi and about 100 others as prosecution failed to prove its case against them. Sarfraz Naeemi...

'Unsustainable progress threatening bio-wealth'.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT Professor Dr Naeem Khan, Registrar University of the Punjab attended the International Conference on "Environment: Survival and sustainability" at Near East University, Nicosia...

School health services programme launched.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT District Nazim Mian Amer Mahmood launched 'School Health Services Programme' for screening and testing all the students of 5 to 15 years of age enrolled in government schools of...

Bodies to promote inter-religious harmony in Punjab: US diplomat told.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT Punjab Religious Affairs Minister Sahibzada Syed Saeed-ul-Hassan has said the welfare of the humanity, promoting religious harmony and eradication of violation of human rights are the...

Lahore receives 12mm rain.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT Provincial metropolis continued to receive more moderate rain on Tuesday that started a day before, which slowed the activities in the city. The Met office predicted cloudy weather,...

LHC dismisses petition.
February 28, 2007... (From Business Recorder) Byline: RECORDER REPORT The Lahore High Court (LHC) dismissed a petition filed by residents of Gulberg against the construction of CNG station by a private company. The petitioner counsel challenging the...