Business Recorder articles from January 2010

Business Recorder archives from January 2010

Poultry Rates.
January 31, 2010... Byline: RECORDER REPORT Wholesale poultry rates on Saturday (January 30, 2010) and for Sunday (January 31, 2010) Eggs: Rs 1860/1865 per 30 dozen; Broiler Birds (live): Rs 138 per kilogram; Cull Birds (live): Rs 42 per kilo. RATES FOR...

Cotton Spot Rates.
January 31, 2010... Byline: RECORDER REPORT =========================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees ----------------------------------------------------------- FOR BASE GRADE 3 STAPLE LENGTH...

Bullion Rates.
January 31, 2010... ================================== In rupees per 10 gram ================================== KARACHI ---------------------------------- Gold Tezabi 24 CT 30514.00 Silver Tezabi 471.42 ---------------------------------- MULTAN...

Karachi Yarn Market Rate.
January 31, 2010... Byline: RECORDER REPORT ======================================= CONES CARDED ======================================= 10/1 Popular Fibre 810.00 Diwan 825.00 16/1 United 880.00 Popular Fibre 880.00 Abdullah Textile...

Faisalabad yarn and fibre prices.
January 31, 2010... Byline: RECORDER REPORT ======================================= 4/S-6/S-7/S CONE (COTTON) ======================================= Nali Bar 730.00 Clock 430.00 Tohfa 415.00 --------------------------------------- 8/S CONE...

Lahore Grain Market Rates.
January 31, 2010... Byline: RECORDER REPORT ======================================= Per 100 kg ======================================= Sugar 6700/6720 Gur 6000/6700 Shakar 7000/7500 Ghee (16 kg) 1700/1900 Almond (Kaghzi) 18000/35000 Almond (Simple)...

Lahore Paper Market Rates.
January 31, 2010... Byline: RECORDER REPORT ======================================== OFFSET PAPER (per Lb) ---------------------------------------- INDONESIA 23x36 75 49.00 27x34 75 49.00 25.5x36 75 49.00 30x40 75...

Grain market rates.
January 31, 2010... Byline: RECORDER REPORT ======================================= CEREALS (Per 100 Kgs) ======================================= Makai 1750/1800 Moong Punjab 5375 Masoor Canada 8300 Masoor Dall 10005/10010 Urad Burma (40 Kg)...

Karachi Plastic/Urea Moulding Compounds Rates.
January 31, 2010... Byline: RECORDER REPORT ======================================= HDPE (FILM) (Per lb) ======================================= Saudia 952 64.00 Mobil 64.00 TR144 64.00 --------------------------------------- HDPE (INJECTION) (Per...

Hides and skin rates.
January 31, 2010... Byline: RECORDER REPORT ============================================= HIDES ============================================= (Wet Salted Per Piece) ============================================= Goat...

Rates of spices and other allied commodities.
January 31, 2010... Byline: RECORDER REPORT ======================================= KIRANA ITEMS (Per 40 Kg) ======================================= White pepper 17200.00 Black pepper Singapore 10000.00 Black pepper Ceylon 9900.00 Black pepper Brazil...

Rates of dry fruit.
January 31, 2010... Byline: RECORDER REPORT ======================================= DRY FRUITS (Per 40 Kg) ======================================= Chaman Almond 3000.00 Almond (Girdi) 3600.00 Almond (Irani) 28000.00 Almond (USA) 22500.00 Kaghzi Wahidi...

Karachi chemicals and dyes market rates.
January 31, 2010... Byline: RECORDER REPORT ======================================= DYES NAPHTHOLS CHINA (Per Pound) ======================================= As 100 pc 180.00 AS 80 pc 160.00 ASBS 100 pc 210.00 --------------------------------------- BASES...

Raw rubber rates.
January 31, 2010... Byline: RECORDER REPORT ======================================= RAW RUBBER CEYLON (per lb) ======================================= Merryrub (Equv to RSS 3) 135.00 RSSV 135.00 Merryrub (Equv to Crape) 145.00 Pale Crape TPC3...

Jute goods rates.
January 31, 2010... Byline: RECORDER REPORT ======================================= JUTE GOODS TWINE (Per Kg) ======================================= 20x3 Brown 108.00 16x3 CRT/Indus 108.00 8x3 190.00 40x2 Brown...

Karachi tea rates.
January 31, 2010... Byline: RECORDER REPORT ======================================= TEA (PER KG) ======================================= KENYA --------------------------------------- PF-1 A Grade 370.00 B Grade 350.00 + C Grade 320.00 C Grade...

Milk powder rates.
January 31, 2010... Byline: RECORDER REPORT ======================================= MILK POWDER Skimmed (per bag of 25 kgs) ======================================= Irish skimmed 6700.00 Haleeb SMP 6550.00 Nur Pur 6200.00 Skim Pak 5400.00 Poland...

Iron, steel and other metal rates.
January 31, 2010... Byline: RECORDER REPORT ============================================================== PRIME AND EXPRIME G.P.COIL & SHEET CUTTING EX PRIME G.P.COIL Rs ============================================================== 35 MM to 52 MM...

Rates of Pipe Fittings.
January 31, 2010... Byline: RECORDER REPORT =============================== PIPE FITTING CHINA GALVANISED =============================== T G Brand =============================== TEE Rs ------------------------------- 1/2" 215.00 3/4" 31500 1"...

Automart: car prices in Karachi.
January 31, 2010... Byline: RECORDER REPORT ======================================================================================== Prices Product Description Fully Standard A/C Loaded Model Model...

World Shipping Schedule.
January 31, 2010... Byline: RECORDER REPORT ========================================================================= SHIPS ETD AGENTS TO LOAD FOR ========================================================================= TO LOAD FOR FAR EASTERN...

Kerb buying and selling rate of US dollar.
January 31, 2010... Byline: RECORDER REPORT ============================== Open Buying Rs 86.20 Open Selling Rs 86.30 ============================== Dollar buying and selling rate in the kerb market in rupees on Saturday (January 30, 2010). Copyright...

Dollar's rate in interbank market.
January 31, 2010... Byline: RECORDER REPORT ============================== Buying Rs 85.05 Selling Rs 85.10 ============================== Interbank closing rates for dollar on Saturday (January 30, 2010). Copyright 2010 Business Recorder

Shipping Intelligence.
January 31, 2010... Byline: RECORDER REPORT ==================================================================================== VESSELS ON BERTH ==================================================================================== Berth Ship Working Agent...

THE RUPEE: dollar at 85.05.
January 31, 2010... Byline: RECORDER REPORT High demand for dollars forced the rupee to touch the new low and give up its stability versus the US currency at 85 on the interbank market on Saturday, marketmen said. The rupee lost 25 paisa against dollar for...

Revised Rates of Debt Securities.
January 31, 2010... Byline: RECORDER REPORT ==================================================================================================================== RATES OF DEBT...

Member to Member.
January 31, 2010... Byline: RECORDER REPORT ============================================================================== MEMBERS HAVE SUBSEQUENTLY REPORTED THE FOLLOWING TRANSACTIONS MEMBER TO...

Cross Transactions between Client to Client & Financial Institutions.
January 31, 2010... Byline: RECORDER REPORT ==================================================================== CROSS TRANSACTIONS BETWEEN CLIENT TO CLIENT & FINANCIAL...

World currencies and dollar.
January 31, 2010... Byline: RECORDER REPORT ======================================================= COUNTRY CURRENCY VALUE OF DOLLAR ======================================================= Afghanistan (Afghani) 45.3200 Albania (Lek) 97.9050 Algeria (Dinar)...

Pakistan Government International Bonds.
January 31, 2010... Byline: RECORDER REPORT ====================================================================== Pakistan Government International Bonds ====================================================================== Bid Offer Bid Offer Mid...

Spot dollar rates.
January 31, 2010... Byline: RECORDER REPORT ======================================= Ex Interbank Rate PKR against USD ======================================= BID OFFER CLOSE ======================================= Ready 85.0500 85.0700 85.0600 1 week...

Open market rates of foreign currencies.
January 31, 2010... Byline: RECORDER REPORT ========================================================================= CURRENCY BUYING SELLING CURRENCY BUYING SELLING ========================================================================= US$ O/M 86.20 86.30...

Currency values in terms of Special Drawing Rights.
January 31, 2010... Byline: RECORDER REPORT ====================================================================================== January 30, 2010 ====================================================================================== Currency units per SDR...

Banks' rates for currency notes (buying and selling).
January 31, 2010... Byline: RECORDER REPORT =================================== Selling Buying =================================== US DOLLAR 85.65 83.57 SAUDI RIYAL 22.84 22.27 UK POUND STG 136.97 133.64 JAPANESE YEN 0.9494 0.9259 EURO 118.74...

Money Market Report.
January 31, 2010... Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Saturday (January 30, 2010). DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 11.90%-12.10%. In Repo, major deal were done in the range...

Bill buying rates per unit of currency.
January 31, 2010... Byline: RECORDER REPORT ======================================================================== BILL BUYING RATES PER UNIT OF CURRENCY ======================================================================== Bill 30 Days 60 Days 90 Days...

Conversion for foreign currency deposits.
January 31, 2010... Byline: RECORDER REPORT =============================================== US DOLLAR POUND STERLING EURO JAPANESE YEN =============================================== 84.7940 136.9084 118.4233...

Currency notes: exchange rates.
January 31, 2010... Byline: RECORDER REPORT ============================================= AUTHORISED DEALERS' RATES FOR CURRENCY NOTES ============================================= COUNTRY SELLING BUYING ============================================= USA...

LIBOR calculating interest on US dollar.
January 31, 2010... Byline: RECORDER REPORT ========================================= BONDS LIBOR VALUE ========================================= 6 MONTHS US DOLLAR 0.3834 30-01-2010 ========================================= London Interbank Offer Rates...

Exchange rates: buying and selling.
January 31, 2010... Byline: RECORDER REPORT ========================================= Countries Selling Buying Buying TT&OD TT Clean OD/T.CHQ ========================================= USA 84.80 84.60 84.42 UK 135.62 135.30 134.99 EURO 117.56 117.29...

State Bank of Pakistan conversion rates.
January 31, 2010... Byline: RECORDER REPORT ========================== US Dollar 84.7940 Pound Sterling 136.9084 Euro 118.4233 Japanese Yen 0.9402 ========================== Rates applicable for conversion into rupees of Foreign Currency Deposits,...

Barclays bid rates and maximum rates for payment of interest.
January 31, 2010... Byline: RECORDER REPORT ======================================================== INTEREST PAYABLE ON FE DEPOSITS ======================================================== BBA BID MAXIMUM RATES RATES FOR PAYMENT OF INTEREST...

Oil cake market rates.
January 31, 2010... Byline: RECORDER REPORT Upward trend was seen on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The March contract that ended at Rs 959.40 opened with the rise of Rs 1.10 at Rs 960.50, dealers said. The...

Aaj TV - Sunday's schedule.
January 31, 2010... Byline: RECORDER REPORT 06:00 News Bulletin 06:25 Headline News 06:30 News Bulletin 06:55 Headline News 07:00 The Four Man Show 07:25 Headline News 07:30 The Four Man Show 07:55 News Bulletin 08:25 Headline News 08:30 News Bulletin 08:55...

Yarn prices continue to increase.
January 31, 2010... Byline: RECORDER REVIEW The yarn prices continue to increase despite capping of yarn export from January 09, 2010 by government. The yarn crisis widespread in the country due to huge yarn and cotton export for the last few months is likely to...

Activity at Karachi and Qasim ports.
January 31, 2010... Byline: RECORDER REPORT The Karachi Port handled 86,486 tonnes of cargo including 42,539 tonnes of import cargo; 43,947 tonnes of export cargo and 2,740 loaded and empty containers during last 24 hours ended at 0700 hours on Saturday. The...

Kirana items higher on Jodia Bazar.
January 31, 2010... Byline: RECORDER REPORT The trading in Kirana items moved higher on Jodia Bazar here on Saturday. The following changes were noted. KIRANA ITEMS (Per 40 kg): Black pepper Singapore closed up by Rs 400 to Rs 10,000, black pepper Ceylon...

Prices mostly remain unchanged on grain market.
January 31, 2010... Byline: RECORDER REPORT Modest business was seen on the wholesale grain and seed market on Saturday as most of the commodity items maintained the overnight levels in process of trading, dealers said. On the seed side, rapeseed Mirpurlane lost...

Churchill cigar stump sold for over $7,000.
January 31, 2010... A cigar stump discarded by Winston Churchill has been sold at an auction for 4,500 pounds (7,192 dollars), reports said Saturday. The former British Prime Minister hastily stubbed out the cigar in 1941 when he had to rush to a cabinet meeting,...

Lahore Yellows, Eagles win in Seniors Cricket Cup.
January 31, 2010... Byline: RECORDER REPORT Two more matches were decided the 12th edition of National Seniors Cricket Cup here at Model Town Greens on Saturday. In the first match, Lahore Yellows beat Okara Seniors by 8 wickets. Okara Seniors made 206-6 with...

Ignoring Pakistani players for IPL: Ejaz Butt holds Lalit Modi responsible.
January 31, 2010... Byline: RECORDER REPORT Chairman, Pakistan Cricket Board (PCB), Ejaz Butt, has held Indian Premier League (IPL) chairman Lalit Modi responsible for ignoring Pakistani players for the third edition of IPL. In an interview with a foreign TV...

German academic body calls for Islamic theology at universities.
January 31, 2010... The German government's top academic advisory panel is to call on Monday for Islamic theology to be taught at German universities in the same way as Christian and Jewish theology are currently, Islamic studies in Germany mainly focus in a...

Thatcher's ingredient for power-eggs.
January 31, 2010... Former British prime minister Margaret Thatcher went on a strict diet of eggs to get into shape before her first election victory in 1979, according to documents released Saturday. The now 84-year-old devoured 28 eggs a week, which helped her...

Nadra designated as Asian leader at Prague conference.
January 31, 2010... Nadra was designated as Asian leader when it comes to providing the identity based multi-biometric technology solutions at international conference on 'The Future of Personal Identification' held in Prague from January 26-29. The conference...

Rulers not serious about people's problems: Shujaat.
January 31, 2010... Byline: ABDUL RASHEED AZAD President Pakistan Muslim League PML-Q, Chaudhary Shujaat Hussain Saturday urged the government to concentrate on the problems of the masses instead of confrontation among institutions as it will prove detrimental...

Milk price: ECC rejects proposal.
January 31, 2010... Byline: ZAFAR BHUTTA The Economic Co-ordination Committee (ECC) of the Cabinet has turned down the proposal to fix uniform price of milk across the country to control surge in its prices. Sources told Business Recorder that it had also been...

Biggest, brightest full moon of 2010.
January 31, 2010... Saturday's full moon was the biggest and brightest full moon of the year. It offered anyone with clear skies an opportunity to identify easy-to-see features on the moon. This being the first full moon of 2010, it is also known as the wolf moon,...

Crackdown against foreign exchange companies.
January 31, 2010... The Federal Investigation Agency (FIA) and State Bank of Pakistan has launched a crackdown against the foreign exchange companies involved in illegal transfer of foreign currency. Talking to APP Director FIA Azam Joya said Saturday night that...

CoAS calls on Prime Minister.
January 31, 2010... Chief of Army Staff, General Ashfaq Parvez Kayani called on Prime Minister Syed Yusuf Raza Gilani here at the PM House on Saturday evening. The Army Chief briefed the Prime Minister about his meetings with top officers of Nato in Brussels...

PFBPWO-PWFP seminar: speakers list factors causing instability in country.
January 31, 2010... Byline: RECORDER REPORT Speakers on Saturday held the politics of inheritance, feudalism, past wrong policies, non-implementation of judiciary's decisions, economy's decadence, deteriorating law and order, identity issue of the federating...

PSQCA clarification.
January 31, 2010... Byline: RECORDER REPORT Pakistan Standards & Quality Control Authority (PSQCA) has clarified that the national standards for sugar snd polypropylene are applicable to all manufacturers in Pakistan without any discrimination and in no case...

Hearing of NAB references against Jahangir Badr adjourned.
January 31, 2010... Byline: RECORDER REPORT An accountability court on Saturday adjourned hearing of two references against Secretary General PPP, Jahangir Badr till February 13. Earlier, Badar's counsel argued before the court that the references were filed...

SBP lists risks to economy.
January 31, 2010... Byline: RIZWAN BHATTI The State Bank of Pakistan (SBP) on Saturday said uncertainty on the availability of external financial inflows, rising international commodity prices and extent of impetus received from the global economic recovery are...

Dubai Islamic Bank's rating upgraded.
January 31, 2010... JCR-VIS Credit Rating Company Limited has upgraded the short-term rating of Dubai Islamic Bank Pakistan Limited (DIBPL) to 'A-I' (A-One) from 'A-2' (A-Two). The medium to long-term entity rating has been maintained at 'A' (Single A), while...

ICMAP holds seminar on 'how to get hired'.
January 31, 2010... Byline: RECORDER REPORT The Karachi Branch Council (KBC) of Institute of Cost and Management Accountants of Pakistan (ICMAP) has organised a seminar under the title "how to get hired" on Saturday. The purpose of the seminar is to highlight...

SDPI seminar.
January 31, 2010... Sustainable Development Policy Institute (SDPI) is holding a seminar on 'Social Safety Nets and Poverty Reduction: Way Forward' here on February 1 at 3:00 pm. Chairperson, BISP Farzana Raja, would be chief guest. Shehnaz Wazir Ali, Special...

Sustainable industrialisation: experts for mainstreaming DRR system.
January 31, 2010... Byline: RECORDER REPORT Disaster Risk Reduction (DRR) system is mandatory for industrial sector to the rapid growth of economy, hence private and public sector industrial units should adopt it. These views were expressed by the experts during...

Two-day gas holidays: CNG stations of twin cities swarmed by consumers.
January 31, 2010... A great rush of vehicles was witnessed at the Compressed Natural Gas (CNG) stations of the twin cities of Rawalpindi and Islamabad on Saturday evening, as these outlets were observing the scheduled two-day weekly gas holidays on Sunday and...

Transfers and postings in FBR.
January 31, 2010... The Federal Board of Revenue (FBR) has transferred and posted three officials of Income Tax Group (BS-17/19) with immediate effect. According to a notification issued here on Saturday, Asif Rasool (ITG/BS-19) Secretary (Assessment), Federal...

Alleged involvement of CS in Colonel Ikram's death: record from police station sought.
January 31, 2010... Byline: RECORDER REPORT An Additional Sessions Judge Lahore Chaudhry Salim here Saturday sought record from Sarwar Road Police station by February 3, in an application seeking registration of a case against the Chief Secretary Punjab Javed...

Punjab transfers and postings.
January 31, 2010... Byline: RECORDER REPORT The Punjab government on Saturday carried out a major transfer and postings of government officials. According to a notification, Secretary Environment Sajjad Saleem and Additional Secretary Culture Tariq Khurshid have...

UN delegation meets Chief Justice LHC.
January 31, 2010... Byline: RECORDER REPORT A delegation of United Nations' Drugs and Crime Unit here on Saturday called on Lahore High Court (LHC) Chief Justice Khawaja Muhammad Sharif. The delegation was comprised of Mark Shaw from South Africa, Chief...

Ambassador of Saudi Arabia calls on Kazmi.
January 31, 2010... The Ambassador of Kingdom of Saudi Arabia, Abdul Aziz Al-Ghadeer called on Federal Minister for Religious Affairs, Syed Hamid Saeed Kazmi here on Saturday. They discussed matters pertaining to regional and international scenario of the Muslim...

CDGK needs Rs two billion to buy fumigation vehicles, machines: Nazim.
January 31, 2010... Nazim Karachi Syed Mustafa Kamal has said that Rs 2 billion would be required for the purchase of fumigation vehicles and machines and fire tenders burnt on the occasion of Ashura. He said this requirement of city government could only be met...

Kashmir Solidarity Day on February 5.
January 31, 2010... Elaborate arrangements have been made to observe Kashmir Solidarity Day across Azad Jammu and Kashmir besides rest of the world where overseas Pakistanis and Kashmiris are settled on February 5. The day would be marked with renewed firm resolve...

Postal ballots for Punjab bye-polls: February 22 is last date for receipt of applications.
January 31, 2010... The Chief Election of Pakistan on Saturday fixed February 22 as the last date for receipt of applications for postal ballot papers for bye-elections to the National and Provincial Assembly constituencies in Punjab province, including NA 123...

Ericsson opens new representative office in Karachi.
January 31, 2010... Ericsson announced on Saturday the opening of its new representative office in Karachi, reaffirming its long-term commitment towards the country. The inauguration ceremony was held at the new building premises, Modem Co-operative Housing...

Pakistani army renovates 373 schools in NWFP and Fata.
January 31, 2010... Engineer Army Corp Lieutenant Colonel Zameer Afridi has said that Pakistan army has ensured facilities in 373 schools of the far-flung areas of NWFP at a cost of Rs 544 million under President of Pakistan Education Reforms Sector in a short span...

Sassui inaugurates 266th Urs celebrations at Bhitshah.
January 31, 2010... The 266th annual urs celebrations of great mystic and sufi poet Hazrat Shah Abdul Latif Bhitai began with customary enthusiasm at Bhitshah town on Saturday, as tens of thousands of devotees who arrived at the mausoleum started paying homage in...

PHDF 35th meeting held.
January 31, 2010... Chief Executive Officer (CEO) of the Board of Directors Pakistan Human Development Fund (PHDF), Zulfiqar Ahmad updated the Board about Endowment Fund and Education, Literacy and Health Programs of National Commission for Human Development (NCHD)...

Vegetable exports up by 117.54 percent.
January 31, 2010... Fruit and vegetable export from the country was increased by 68.69 and 117.54 percent respectively during the first half of current financial year, 2009-10. According to the data released by the Federal Bureau of Statistics (FBS), fruit export...

Haitians look for jobs after quake.
January 31, 2010... Byline: ANDREA SOSA CABRIOS "Won't you have a job for me?" That is one of the most asked questions these days in Port-au- Prince, more than two weeks after a quake devastated the city, destroying not only lives and buildings, but also jobs....

FBR's attempt to integrate multiple services.
January 31, 2010... Byline: MOHIUDDIN WANI (KARACHI) Firstly, the measure was taken after completely ousting the Parliament from the decision-making process, in gross disregard of democratic norms. The World Bank had apprehended scrutiny by public...

Monetary Policy Statement January 2010.
January 31, 2010... Striking a balance between positive macroeconomic developments and ongoing economic challenges, in the first half of FY10, SBP eased the policy rate by a cumulative 150 basis points. In addition, SBP has introduced important reforms to...