Business Recorder articles from January 2012

Business Recorder archives from January 2012

Cotton Spot Rates.
January 31, 2012... Byline: RECORDER REPORT =========================================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees --------------------------------------------------------------------------- FOR BASE...

Karachi Yarn Market Rate.
January 31, 2012... Byline: RECORDER REPORT =================================== CONES CARDED =================================== 10/1. Popular Fibre 1000.00 Diwan 1000.00 16/1. United 1100.00 Popular Fibre 1100.00 Abdullah Textile 1050.00 Indus 1180.00 21/1....

Faisalabad yarn and fibre prices.
January 31, 2012... Byline: RECORDER REPORT =================================== 6-7/S Cone (Cotton) =================================== ARY 625.00 Nelibar 900.00 Soofi 610.00 ----------------------------------- 8/S Cone (Cotton) -----------------------------------...

Lahore Grain Market Rates.
January 31, 2012... Byline: RECORDER REPORT =================================== Per 100 kg =================================== Sugar 4760-4820 Gur 5500-5800 Shakar 6500-7000 Ghee (16 kg) 2430-2660 Almond (Kaghzi) 28000-40000 Almond (Simple) 10500-15000 Sogi...

Hides and skin rates.
January 31, 2012... Byline: RECORDER REPORT ============================================= HIDES ============================================= (Wet Salted Per Piece) ============================================= (i) (ii) (iii)...

Lahore Paper Market Rates.
January 31, 2012... Byline: RECORDER REPORT =================================== OFFSET PAPER INDONESIA (PER LB) =================================== 23x36 75 57 27x34 75 57 25.5x36 75 57 30x40 75 57 ----------------------------------- ART PAPER PER KG...

Karachi Plastic/Urea Moulding Compounds Rates.
January 31, 2012... Byline: RECORDER REPORT =================================== HDPE (FILM) (Per lb) =================================== Saudia 952 75.00 Mobil 75.00 TR144 75.00 ----------------------------------- HDPE (INJECTION) (Per lb)...

Grain market rates.
January 31, 2012... Byline: RECORDER REPORT =================================== CEREALS (Per 100 Kgs) =================================== Makai 2275/2325 Juwar 1900/2000 Moong Punjab 6750/- Masoor Canada 5000/- Masoor Dall 6000/- Urad Burma (40 Kg) 2500/3000...

Karachi chemicals and dyes market rates.
January 31, 2012... Byline: RECORDER REPORT =================================== DYES NAPHTHOLS CHINA (Per Pound) =================================== As 100 pc 175.00 AS 80 pc 155.00 ASBS 100 pc 210.00 ----------------------------------- BASES CHINA...

Rates of dry fruit.
January 31, 2012... Byline: RECORDER REPORT =================================== DRY FRUITS (Per 40 Kg) =================================== Chaman Almond 5000/18000 Almond (Girdi) 5000.00 Almond (Irani) N/A Almond (USA) 20000/26000 Kaghzi Wahidi N/A Kaghzi I...

Rates of spices and other allied commodities.
January 31, 2012... Byline: RECORDER REPORT =================================== KIRANA ITEMS (Per 40 Kg) =================================== White pepper 40000.00 Black pepper Singapore 23200.00 Black pepper Ceylon 23000.00 Black pepper Brazil 25000.00 Mace...

Raw rubber rates.
January 31, 2012... Byline: RECORDER REPORT =================================== RAW RUBBER CEYLON (per lb) =================================== RSSV 165.00 Pale Crape TPC3 200.00 ----------------------------------- LATEX ----------------------------------- Merrytax...

Jute goods rates.
January 31, 2012... Byline: RECORDER REPORT =================================== JUTE GOODS TWINE (Per Kg) =================================== 20x3 Brown 87.00 16x3 CRT/Indus 87.00 8x3 130.00 40x2 Brown 85.00 ----------------------------------- HESSIAN CLOTH (Per...

Karachi tea rates.
January 31, 2012... Byline: RECORDER REPORT =================================== TEA (PER KG) =================================== KENYA ----------------------------------- PF-1 A Grade 470.00 B Grade 440.00 + C Grade 420.00 C Grade 365.00...

Milk powder rates.
January 31, 2012... Byline: RECORDER REPORT =================================== MILK POWDER SKIMMED (per bag of 25 kgs) =================================== Irish skimmed 8500.00 Haleeb SMP 6500.00 Nur Pur 7500.00 Skim Pak 5400.00 Poland 9000.00 Halla SMP NA Sunset...

Pakistan Mercantile Exchange - PMEX.
January 31, 2012... Byline: RECORDER REPORT ======================================================================================================================== =============== Total Volume - Lots 12,461 Total Volume - Rs 2,951,296,386...

State Bank statement of affairs.
January 31, 2012... Byline: RECORDER REPORT ======================================================================================================================== ====================== STATEMENT OF AFFAIRS OF THE STATE BANK OF PAKISTAN BANKING DEPARTMENT AS ON...

Weekly statement of position of all scheduled banks.
January 31, 2012... Byline: RECORDER REPORT ================================================================================ (RUPEES IN MILLION) ================================================================================ All All SCHEDULED COMMERCIAL...

Kerb buying and selling rate of US dollar.
January 31, 2012... Byline: RECORDER REPORT ======================== Open Buying Rs 90.25 Open Selling Rs 90.45 ======================== Open market rate in the kerb market in rupees on Monday (January 30, 2012). Copyright 2012 Business Recorder

Dollar's rate in interbank market.
January 31, 2012... Byline: RECORDER REPORT ======================== Buying Rs 90.35 Selling Rs 90.37 ======================== Interbank closing rates for dollar on Monday (January 30, 2012). Copyright 2012 Business Recorder

Shipping Intelligence.
January 31, 2012... Byline: RECORDER REPORT =========================================================================== VESSELS ON BERTH =========================================================================== Berth Ship Working Agent Berthing No Date...

Rates of Debt Securities.
January 31, 2012... Byline: RECORDER REPORT ================================================================================================================== RATES OF DEBT SECURITIES...

Mutual Funds Association of Pakistan.
January 31, 2012... Byline: RECORDER REPORT ======================================================================================================================== =================== Funds Name Asset Manager Category Offer Repurchase Validity Price Price (Dates)...

BRIndex30 and BR Sectoral Indices.
January 31, 2012... Byline: RECORDER REPORT =================================== BR INDICASE AT A GLANCE =================================== BRINDEX30 - =================================== Day Close: (-) 9,058.21 High: 9,203.02 Low: 9,044.80 Net Change: (-) 80.36...

BOARD MEETINGS.
January 31, 2012... Byline: RECORDER REPORT =============================================================== Name of company Date Time =============================================================== Baba Farid Sugar Mills Ltd 31.01.2012 11:00 am International...

Board Meetings.
January 31, 2012... Byline: RECORDER REPORT ============================================================================= Company SCHEDULED ON TIME PLACE TO CONSIDER ============================================================================= Nestle 08.02.2012...

Board meetings in progress.
January 31, 2012... Byline: RECORDER REPORT ==================================================================================== COMPANY SCHEDULED ON TIME TO CONSIDER R E M A R K S...

Last date of renunciation/payment.
January 31, 2012... Byline: RECORDER REPORT ======================================================================================== COMPANY Trading in L/Right Last Date for Last Date of Spot From Premium w.e.f. Payment/Ren. Trading...

Proposed right issues.
January 31, 2012... Byline: RECORDER REPORT ============================================================= PROPOSED RIGHT ISSUE ============================================================= Company Rate =============================================================...

Provisionally listed companies.
January 31, 2012... Byline: RECORDER REPORT ==================================================== Company Trading commenced from ==================================================== - - ==================================================== Provisional companies...

Clearing Schedule for T+2 System.
January 31, 2012... Byline: RECORDER REPORT ================================================================ CLEARING SCHEDULE FOR T+2 SYSTEM FOR THE MONTH OF JANUARY AND FEBRUARY 2012 ================================================================ TRANSACTION...

EFU Capital Growth Fund Rates.
January 31, 2012... Byline: RECORDER REPORT ===================== Offer Price 257.34 Bid Price 244.47 ===================== EFU Capital Growth Fund Rates on Monday (January 30, 2012). Copyright 2012 Business Recorder

EFU Aitemad Growth Fund Rates.
January 31, 2012... Byline: RECORDER REPORT ===================== Offer Price 701.02 Bid Price 665.96 ===================== EFU Aitemad Growth Fund Rates on Monday (January 30, 2012). Copyright 2012 Business Recorder

EFU GUARANT GROWTH FUND Rates.
January 31, 2012... Byline: RECORDER REPORT ===================== Offer Price 630.50 Bid Price 598.97 ===================== EFU Guarant Growth Fund Rates on Monday (January 30, 2012). Copyright 2012 Business Recorder

EFU Pension Growth Fund Rates.
January 31, 2012... Byline: RECORDER REPORT ===================== Offer Price 168.62 Bid Price 160.18 ===================== EFU Pension Growth Fund Rates on Monday (January 30, 2012). Copyright 2012 Business Recorder

EFU Managed Growth Fund Rates.
January 31, 2012... Byline: RECORDER REPORT ===================== Offer Price 889.72 Bid Price 845.23 ===================== EFU Managed Growth Fund Rates on Monday (January 30, 2012). Copyright 2012 Business Recorder

JLI YAQEEN GROWTH FUND RATES.
January 31, 2012... Byline: RECORDER REPORT ===================== Offer Price 547.07 Bid Price 614.71 ===================== Jubilee Life Insurance Yaqeen Growth Fund Rates on Monday (January 30, 2012). Copyright 2012 Business Recorder

JLI MEESEQ Fund Rates.
January 31, 2012... Byline: RECORDER REPORT ===================== Offer Price 593.78 Bid Price 564.08 ===================== Jubilee Life Insurance Meeseq Fund Rates on Monday (January 30, 2012). Copyright 2012 Business Recorder

JLI Capital Growth Fund Rates.
January 31, 2012... Byline: RECORDER REPORT ===================== Offer Price 259.43 Bid Price 246.45 ===================== Jubilee Life Insurance Capital Growth Fund Rates on Monday (January 30, 2012). Copyright 2012 Business Recorder

JLI Managed Growth Fund Rates.
January 31, 2012... Byline: RECORDER REPORT ===================== Offer Price 628.58 Bid Price 597.14 ===================== Jubilee Life Insurance Managed Growth Fund Rates on Monday (January 30, 2012). Copyright 2012 Business Recorder

World currencies and euro.
January 31, 2012... Byline: RECORDER REPORT ======================================================= COUNTRY CURRENCY VALUE OF EURO ======================================================= Afghanistan (Afghani) 54.5812 Albania (Lek) 138.170 Algeria (Dinar) 96.7587...

US treasuries bid yields.
January 31, 2012... Byline: RECORDER REPORT =========================================================================== US TREASURIES (BID YIELDS) =========================================================================== DATE 1 MO 3 MO 6 MO 1 YR 2 YR 3 YR 5 YR 7...

US treasuries bid prices.
January 31, 2012... Byline: RECORDER REPORT ======================================================================================= US TREASURIES (BID PRICES) ======================================================================================= DATE 1 MO 3 MO 6...

Open market rates of foreign currencies.
January 31, 2012... Byline: RECORDER REPORT ========================================================================= CURRENCY BUYING SELLING CURRENCY BUYING SELLING ========================================================================= US$ O/M 90.25 90.45 Hong...

London Interbank Offered Rates.
January 31, 2012... Byline: RECORDER REPORT ====================================================== Rates at 11:00 London time Monday (January 30, 2012) ====================================================== USD GBP CAD EUR JPY...

Spot dollar rates.
January 31, 2012... Byline: RECORDER REPORT ======================================= Ex Interbank Rate PKR against USD ======================================= BID OFFER CLOSE ======================================= Ready 90.3600 90.3800 90.3700 1 week 90.5600...

Money Market Report.
January 31, 2012... Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Monday (January 30, 2012). ================================================================= Repo Rates (Yield p a)...

Currency notes: exchange rates.
January 31, 2012... Byline: RECORDER REPORT ============================================= AUTHORISED DEALERS' RATES FOR CURRENCY NOTES ============================================= COUNTRY SELLING BUYING ============================================= USA 91.00...

LIBOR calculating interest on US dollar.
January 31, 2012... Byline: RECORDER REPORT ========================================= BONDS LIBOR VALUE ========================================= 6 MTHS US DOLLAR 0.7868 30-01-2012 ========================================= London Interbank Offer Rates on for...

Interest rates on old and incremental FCY deposits.
January 31, 2012... Byline: RECORDER REPORT ================== Rates % pa ================== USD 0.1000 GBP 0.1000 JPY 0.0000 ================== Interest rates on old and incremental FCY deposits on Monday (January 30, 2012). Copyright 2012 Business Recorder

Interest rates on new foreign currency deposits.
January 31, 2012... Byline: RECORDER REPORT ================================================= INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS US DOLLAR ================================================= PERIOD FOR THE MONTH OF JANUARY 2012 % PA...

Bill buying rates per unit of currency.
January 31, 2012... Byline: RECORDER REPORT ======================================================================== BILL BUYING RATES PER UNIT OF CURRENCY ======================================================================== Bill 30 Days 60 Days 90 Days 120...

Banks' rates for currency notes (buying and selling).
January 31, 2012... Byline: RECORDER REPORT =================================== Selling Buying =================================== US DOLLAR 91.00 88.77 SAUDI RIYAL 24.26 23.67 UK POUND STG 143.01 139.49 JAPANESE YEN 1.1869 1.1578 EURO 119.98 117.03 U.A.E. 24.78...

Barclays bid rates and maximum rates for payment of interest.
January 31, 2012... Byline: RECORDER REPORT ======================================================== INTEREST PAYABLE ON FE DEPOSITS ======================================================== BBA BID MAXIMUM RATES RATES FOR PAYMENT OF INTEREST BY AUTHORISED DEALERS...

Exchange rates: buying and selling.
January 31, 2012... Byline: RECORDER REPORT ========================================= Countries Selling Buying Buying TT&OD TT Clean OD/T.CHQ ========================================= USA 90.10 89.90 89.67 UK 141.60 141.28 140.90 EURO 118.79 118.53 118.22...

Conversion for foreign currency deposits.
January 31, 2012... Byline: RECORDER REPORT =============================================== US DOLLAR POUND STERLING EURO JAPANESE YEN =============================================== 90.2098 141.6023 118.1929 1.1703 ===============================================...

State Bank of Pakistan conversion rates.
January 31, 2012... Byline: RECORDER REPORT ========================== US Dollar 90.2098 Pound Sterling 141.6023 Euro 118.1929 Japanese Yen 1.1703 ========================== Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer...

Aaj TV - Tuesday's schedule.
January 31, 2012... Byline: RECORDER REPORT 06:00 News Hour 06:25 Headline News 06:30 News Hour 06:55 Headline News 07:00 Bolta Pakistan 07:25 Headline News 07:30 Bolta Pakistan 07:55 Headline News 08:00 News Hour 08:25 Headline News 08:30 Aaj Market Morning...

IGI Insurance growing from strength to strength.
January 31, 2012... IGI Insurance is a flagship organisation of Packages Group, one of the leading business houses of Pakistan. IGI Insurance underwrites all types of property and casualty insurance: fire, marine, motor, travel, health, home and miscellaneous. ...

Chartis looks forward to another successful year in Pakistan.
January 31, 2012... Chartis New Hampshire Insurance Company Pakistan (NHIC), recently celebrated a successful 2011, growing its business by over 20%. With a well balanced portfolio, NHIC operates across all insurance distribution channels, working with Agents,...

Adamjee Life Assurance - Securing the future of the nation.
January 31, 2012... The Life insurance industry in Pakistan is still evolving, with GDP to insurance penetration ratio being one of the lowest in the region; Pakistan has great potential to offer. However, traditional approach towards doing business and archaic...

High persistency takes JLI to the top.(Interview)
January 31, 2012... Jubilee Life started operations in Pakistan in June 1996. Effective 1 January 2003, The Aga Khan Fund for Economic Development (AKFED) acquired the majority shares of the company. Only recently, the company created a new brand identity as part...

Jubilee General - The best & fastest growing company.
January 31, 2012... Give us a broad overview of the non-life insurance industry? Non-life insurance industry of Pakistan is highly fragmented with more than 30 companies competing for a small pie. Top 10 companies share almost 85% of the market while the top three...

Performance and stability review of the insurance sector.
January 31, 2012... The insurance sector provides an avenue through which financial risks are pooled and dispersed. With growing inter-linkages between the banking and the insurance sectors world-wide, risks associated with banking also carry implications for the...

Modern water treatment technologies are appropriate solution for shortage/contamination of water.
January 31, 2012... Pak Oasis Industries (Private) Limited is working in Pakistan with believe in quality not in quantity as quality brings quantity. The prime vision of the company is to provide sustainable and consistent source of purified water at economical,...

Purified water for desert/arid zone through RO Plants.
January 31, 2012... In Thar availability of drinking water was great issue, people were compel to drink brackish water and were suffering from potentially harmful water borne diseases. Upon installation of Reverse Osmosis Water Desalination Plants in Thar by...

SUI SOUTHERN GAS COMPANY LIMITED: The pioneering spirit of SSGC.
January 31, 2012... Sui Southern Gas Company (SSGC) is Pakistan's model technology-driven, customer-centric, downstream public utility. The Company operates more than 3,337 km high-pressure transmission and a 39,253 km distribution network extending across the two...

Oil cake market rates.
January 31, 2012... Byline: RECORDER REPORT Mixed pattern was seen on the forward cottonseed oilcake market on Monday in process of trading, dealers said. The March vaida that had closed at Rs 773.00 opened with a decline of 20 paisa at Rs 772.80. The May vaida...

Grams prices higher amid modest trading on grain market.
January 31, 2012... Byline: RECORDER REPORT Grams prices were higher on the wholesale grain market on Monday amid modest trading, dealers said. On the grams side grams Australia No 1 was up by Rs 300 to Rs 5200-5400, grams Australia dal followed same pattern,...

Prices higher amid improved activity on cotton market.
January 31, 2012... Byline: RECORDER REPORT Rates moved up on the cotton market on Monday as mills started buying of cotton to cover the forward needs, dealers said. The official spot rate was inert at Rs 5,800, they said. Prices of seedcotton in Sindh were at...

Kirana items end mixed on Jodia Bazaar.
January 31, 2012... Byline: RECORDER REPORT The trading in Kirana items ended mixed on Jodia Bazaar here on Monday. The following changes were noted. KIRANA ITEMS (Per 40 kg): Black pepper Singapore edged lower by Rs 700 to Rs 22,500, black pepper Brazil...

Karachi Port's and Port Qasim's activities.
January 31, 2012... Byline: RECORDER REPORT The Karachi Port handled 246,045 tonnes of cargo comprising 147,908 tonnes of import cargo and 88,137 tonnes of export cargo including 5,129 loaded & empty containers during last 24 hours ended at 0700 hours on...

Turkey ends full support for Nabucco pipeline, to focus on TANAP.
January 31, 2012... Turkey was no longer fully supporting the European Union-backed Nabucco pipeline project to carry Caspian gas to Europe, and is instead prioritising its own rival TANAP project, an Energy Ministry spokesman told dpa Monday. The spokesman...

India paying price of Twenty20 overkill: Imran Khan.
January 31, 2012... Visiting former Pakistan captain Imran Khan on Monday said India is paying the "price of too much emphasis on Twenty20 cricket for money and glamour." "Your cricket should not suffer, you must balance," he said here delivering Tiger Pataudi...

London Olympics preparation: Michel wants Pakistan to play 20-25 International.
January 31, 2012... Pakistan's Dutch chief coach Michel Van Dan Hauvel wanted to see his team playing 20-25 internationals to be in a better shape for London Olympics. "Pakistan needed more international exposure for a better show in Olympics," he told reporters at...

Mobilink felicitates Pakistan cricket team.
January 31, 2012... Mobilink has extended congratulations to the Pakistan cricket team on its Test series win over England in the Jazz Cup 2012 being held in the UAE. Jazz partnered with the Pakistan Cricket Board (PCB) to organise 'The Mobilink Jazz Cup 2012' in...

Aisam may team up with Sania for mixed doubles.
January 31, 2012... In spite of achieving many milestones with former Indian team-mate Rohan Bopanna, Pakistan's tennis ace Aisam-ul-Haq Qureshi Monday ambitiously said that if his partnership with new team-mate Jean-Julien Rojer produces good results then he would...

Punjab Assembly session: verbal duel between treasury, opposition leads to early adjournment.
January 31, 2012... Byline: ITRAT BASHIR Exchange of hot words between the treasury and opposition benches turned ugly in Punjab Assembly on Monday, leading to premature adjournment of the House. A heated debate on the issue of deaths caused by spurious drugs...

Shalamar College, Fauji Foundation sign agreement.
January 31, 2012... Byline: RECORDER REPORT Shalamar Medical & Dental College and Fauji Foundation Hospital have signed an agreement, under which Fauji Foundation Hospital to get the status of teaching hospital. The students of Shalamar Medical & Dental...

Hub Power Company.
January 31, 2012... Hub Power Company Limited (HUBCO) is one of the largest Independent Power Providers (IPP) in Pakistan with installed net capacity of 1,200MW in Baluchistan and an installed net capacity of 214MW in Narowal. The Company has 75 percent controlling...

Anti-polio drive officer relieved.
January 31, 2012... Byline: RECORDER REPORT In-charge BHU Khesana Mori, Dr Rajesh Kumar, who had been assigned as In-charge Union Council Sawan Gopang for Polio Eradication Programme, has been relieved of his duty on account of his negligence in respect of polio...

Saudi delegation calls on Wasan.
January 31, 2012... An eight-member Saudi delegation called on Sindh Home Minister, Manzoor Hussain Wasan, at his residence here on Monday. The members of the delegation, led by Saudi Vice-Consul Ubaidullah Al-Harabi, discussed matters of mutual interests. The...

Implementation of Electoral Reforms: Pildat issues first monitoring report.
January 31, 2012... Byline: M RAFIQUE GORAYA Releasing the Citizens Monitoring Report on State of Electoral Reforms in Pakistan, the Pakistan Institute of Legislative Development and Transparency (Pildat) has said that only 48 percent of the Election Commission...

WorldCall Telecom posts Rs 290.25 million profit after tax.
January 31, 2012... Byline: RECORDER REPORT WorldCall Telecom Limited has posted Rs 290.250 million as profit after tax in the year ended December 31, 2011 as compared to after tax loss of Rs 1,147.006 million in the corresponding period in 2010. The board of...