Business Recorder articles from March 2007

Business Recorder archives from March 2007

LME plastic prices.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================= POLYPROPYLENE LINEAR LOW (PP) (LL) ========================================= April...

LME official prices.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ================================================================================================= Aluminium Aluminium Copper Lead Nickel Tin ...

Cotton Spot Rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT =========================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees...

Dollar's rate in interbank market.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================== Buying Rs 60.71 Selling Rs 60.73 ============================== Interbank closing rates for dollar on...

Shipping Intelligence.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT =============================================================================== Berth Vessels Working Agent Berthing No Along...

Kerb buying and selling rate of US dollar.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ================================ Buying Rs 60.65 Selling Rs 60.75 ================================ Dollar buying and selling rate in...

All shares index report.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================================================================================================== ==== ALL SHARES INDEX REPORT (Sector-wise)...

Mutual Funds Association of Pakistan.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================================================================================================== == Names Asset Manager ...

BRIndex30 and BR Sectoral Indices.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT =================================== BR INDICASE AT A GLANCE =================================== BRINDEX30 - =================================== Day...

Member To Member.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ==================================================================== MEMBER TO MEMBER ==================================================================== Code Nos Turnover...

Despatch of dividend warrants.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================================================= Company Year Ended/Ending Dividend/Bonus Dispatched on...

Cross Transactions.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ================================================================================ FINANCIAL INSTITUTIONS...

BOARD MEETINGS.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================================================= Name of Company Date Time...

Board Meetings.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================================================================================ Company SCHEDULED ON TIME PLACE TO...

Dividend/Bonus Announcements.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ==================================================================================================== FOR THE YEAR PROFIT/(LOSS) ...

Shares buy-back schedule.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================================================================= Company Re-Purchase From To Member appointed ...

Proposed right issues.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT =========================================================== PROPOSED RIGHT ISSUE =========================================================== Company ...

Last date of renunciation/payment.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT =============================================================================== LAST DATE FOR RENUNCIATION/PAYMENT...

Companies under suspension.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================================================= COMPANY Date of COMPANY Date of ...

Clearing Schedule for T+3 System.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ================================================================ CLEARING SCHEDULE FOR T+3 SYSTEM FOR THE MONTHS OF MARCH & APRIL 2007...

EFU Pension Growth Fund Rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer price 109.87 Bid price 104.38 ============================= EFU Pension Growth Fund Rates on Friday (March...

EFU Capital Growth Fund Rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer price 143.72 Bid Price 136.53 ============================= EFU Capital Growth Fund Rates on Friday (March...

EFU Managed Growth Fund Rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer price 600.20 Bid price 570.19 ============================= EFU Managed Growth Fund Rates on Friday (March...

NJLI Sarmaya Growth Fund Rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================== Offer Price 198.92 Bid Price 188.97 ============================== New Jubilee Life Insurance Sarmaya Growth...

NJLI Managed Growth Fund Rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================= Offer Price 408.80 Bid Price 388.35 ============================= New Jubilee Life Insurance Managed Growth Fund...

NJLI Pension Fund Rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================== Offer Price 378.68 Bid Price 359.74 ============================== New Jubilee Life Insurance Pension Fund...

KKI closing rates of currency notes.
March 31, 2007... (From Business Recorder) ================================================= Currency Notes KKI Buying KKI Selling ================================================= US $ 60.60 60.65...

Currency values in terms of Special Drawing Rights.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ====================================================================================== March 30, 2007...

US treasuries bid yields.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT =========================================================================== US TREASURIES (BID YIELDS)...

Open market rates of foreign currencies.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================================================= CURRENCY BUYING SELLING CURRENCY BUYING SELLING...

US treasuries bid prices.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================================================================== US TREASURIES (BID...

London Interbank Offered Rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================================= Rates at 11:00 London time Friday (March 30, 2007) ========================================================= ...

Spot dollar rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================== Ex Interbank Rate PKR against USD ======================================== BID OFFER CLOSE...

Money Market Report.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 30, 2007). DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 7.00% - 7.50%. As the day...

Bill buying rates per unit of currency.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================================================== BILL BUYING RATES PER UNIT OF CURRENCY...

Banks' rates for currency notes (buying and selling).
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ==================================== Selling Buying ==================================== US DOLLAR 61.51 59.92 SAUDI RIYAL 16.40...

Interest rates on old and incremental FCY deposits.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ================== Rates % pa ================== USD 0.1000 GBP 0.1000 ================== Interest rates on old and incremental FCY...

Interest rates on new foreign currency deposits.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ================================================= INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS US DOLLAR ================================================= PERIOD FOR THE...

Currency notes: exchange rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ============================================= AUTHORISED DEALERS' RATES FOR CURRENCY NOTES ============================================= COUNTRY SELLING ...

LIBOR calculating interest on US dollar.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================================= BONDS LIBOR VALUE ========================================= 6 MONTHS US DOLLAR 5.3238 30-03-2007...

Conversion for foreign currency deposits.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT =============================================== US DOLLAR POUND STERLING EURO JAPANESE YEN =============================================== 60.6500 119.0923 ...

Exchange rates: buying and selling.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================== Countries Selling Buying Buying TT&OD TT Clean OD/T.CHQ ======================================== USA ...

Barclays bid rates and maximum rates for payment of interest.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================================= INTEREST PAYABLE ON FE DEPOSITS ======================================================= BBA BID ...

State Bank of Pakistan conversion rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT ========================== US Dollar 60.6500 Pound Sterling 119.0923 Euro 80.9132 Japanese Yen 0.5164 ========================== ...

Aaj TV - Saturday's schedule.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT All timings are in PST (Pakistan Standard Time). 06:00:00 Qisa-E-Ulfat 06:30:00 Tilawat 06:55:00 News Bulletin 07:30:00 Aaj Market Evening 07:55:00 Headline News 08:00:00 Live With...

Activity at Karachi and Qasim ports.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT The Karachi Port handled 63,092 tonnes cargo including 35,719 tonnes import, 27,373' tonnes export cargo and 3,370 containers during last 24 hours ending at 0700 hours on Friday. ...

Oil cake market rates.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT The May vaida was higher while the July vaida was unchanged on the forward cottonseed oilcake market on Friday in process of trading, dealers said. The May vaida was unchanged at...

Urad Burma down by Rs 100 on grain market.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT A few changes were seen on the forward cottonseed oilcake market on Friday as most of the traders kept on the sidelines in process of trading, dealers said. On the seed side,...

Plastic mouldings mixed on Jodia Bazar.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT The trading on plastic mouldings closed both ways on Jodia Bazar here on Friday. The following variations were noted. PLASTIC MOULDING: HDPE (FILM) (Per lb): Saudia 952 ended down...

Partly Facetious: the Lotas need to be warned.
March 31, 2007... (From Business Recorder) Byline: ZOHRA IBRAHIM "I thought you said the Government had done a volte face and is now allowing strikes as a protest against the presidential reference against the Chief Justice." "Well, the...

Mobilink starts SMS donation service for WFP.
March 31, 2007... (From Business Recorder) Mobilink, Pakistan's leading cellular service and part of the Orascom Telecom Group with more than 24 million customers, announced on Friday its support to World Food Programme by launching an SMS service. The...

Plight of pensioners.
March 31, 2007... (From Business Recorder) Byline: KHALID MEHMOOD, SENIOR VICE PRESIDENT This has a reference to the letter appearing in the Letters to the Editor column of your newspaper dated 24th March 2007 under the caption Plight of Pensioners....

PPP not to join MMA in protest against CJP suspension.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT The Pakistan Peoples Party (PPP) has reiterated to the Pakistan Muslim League-Nawaz (PML-N) here on Friday that it will not join hands with the Muttahida Majlis-i-Amal (MMA) in the...

Airblue launches 'Blue miles cards'.
March 31, 2007... (From Business Recorder) Airblue, Pakistan's new generation airline, has launched Frequent Flyer Plastic Cards as a part of its customer loyalty programme for the repeat passengers. The Blue Miles Cards are for Airblue passengers who...

Concern voiced over growing lawlessness.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT Syed Yousaf Raza Gilani, Vice Chairman of Pakistan Peoples Party has expressed its shock over the growing lawlessness, bomb blasts, suicidal attacks in the country and the militants...

Pak Oman Microfinance Bank working praised.
March 31, 2007... (From Business Recorder) Pak Oman Microfinance Bank Chairman Yahya bin Said bin Andullab Al-Jabri has appreciated the excellent work being done by the bank in poverty reduction in Pakistan. Inaugurating the Mahmoodabad branch of the...

Bulleh Shah shrine restoration to complete by June.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT A project of restoration of Shrine of Hazrat Baba Bulleh Shah and additional facilities at the mausoleum complex would be completed by June 30. Sallahuddin Ahmad of Punjab Auqaf...

Jail project progress reviewed.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT An amount of Rs 298.693 million has been spent for the construction of district jail Pakpattan and death cells and high security barracks in central jail Faisalabad under the 'Access...

Commitment to IPR enhances foreign investment.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT The scope of foreign investment in Pakistan has fairly been increased because of Pakistan's active commitment to the trade-related aspects of Intellectual Property Rights (IPR). ...

Strategic plans made to bring health reforms.
March 31, 2007... (From Business Recorder) Byline: MUHAMMAD SALEEM Addressing the issues of quality, affordability and accessibility of health services to the general public, particularly, for those residing in rural areas and falling in lower strata...

Growing use of rice husk causing pollution.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT Sheikhupura Association of Industry has shown grave concern over the increasing use of rice husk in the area as an alternative fuel following the frequent breakdowns of gas in the...

Milk processing plants to be set up in Sialkot and Layyah.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT Provincial Minister for Livestock and Dairy Development, Syed Haroon Ahmad Sultan has said that milk processing plants and milk collection centres are being established in Layyah and...

Chashma barrage: IPCC accepts Punjab's claim over fishing rights.
March 31, 2007... (From Business Recorder) The Inter Provincial Coordination Committee (IPCC) has formally accepted Punjab's claim over fishing rights of Chashma barrage and its adjoining reservoirs. The Rights have been retrieved from WAPDA and awarded...

Sino-Pak ties model of inter-state relations: Soomro.
March 31, 2007... (From Business Recorder) Byline: JONAID IQBAL Senate Chairman Mohammadmian Soomro on Friday said that the ties between Pakistan and China were a model of inter-state relations in the world. The Senate Chairman was talking to the...

Conference on power generation on April 6.
March 31, 2007... (From Business Recorder) A conference on Power Generation Industry "Power Gen Pak" will be held next month in Islamabad. This event is being organised by Energy Update in collaboration of Ministry of Water and Power, Private Power...

SATRC workshop from April 2.
March 31, 2007... (From Business Recorder) Pakistan will host South Asian Telecommunication Regulators' Council (SATRC) workshop on "interconnection convergence" from April 2 to 4. The workshop, to be organised by the Pakistan Telecommunication...

Pakistani textile exposition in Nairobi from August 31.
March 31, 2007... (From Business Recorder) A single country exhibition will be organised by Trade Development Authority of Pakistan in Nairobi from August 31 to September 2 this year. Goods, which will be showcased here are upholstery, towels, curtain...

Spain deports 118 illegal Pakistanis.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT As many as 118 Pakistani illegal immigrants, deported by Spain, have arrived at Islamabad international airport on Thursday and after investigation, the Federal Investigation Agency...

Women political awareness project in full swing.
March 31, 2007... (From Business Recorder) Byline: ALIA KASHIF The Women Political Awareness project of $4.5 million, funded by Norway is being successfully implemented by the Ministry of Women Development in collaboration with United Nations...

Double pay: CBR officers not aware of fake notification.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT The Central Board of Revenue (CBR) is not aware of a fake notification for granting double pay to 10 senior auditors of Collectorate of Sales Tax and Federal Excise, Lahore and their...

Marriott celebrates excellence award.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT Marriott Islamabad celebrated on late Thursday night the excellence award that honours the hotel as the best among 2,600 Marriott property across Asia, Africa, Europe and the America...

Durrani felicitates APNS's new office-bearers.
March 31, 2007... (From Business Recorder) Federal Minister for Information and Broadcasting (I&B) Senator Muhammad Ali Durrani on Friday warmly felicitated the newly elected office bearers of All Pakistan Newspapers Society (APNS). In a...

Upcoming election will be transparent: Durrani.
March 31, 2007... (From Business Recorder) Minister for Information and Broadcasting Muhammad Ali Durrani has said that upcoming elections would be held in a free, fair and transparent manner. Speaking in a private TV channel programme, he said that the...

Assistant District Prosecutor resigns.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT Assistant District Prosecutor (ADP) of Faisalabad, Rao Shafqat Ali Khan has resigned from his office in protest against humiliation of Chief Justice of Pakistan. Rao Shafqat said in...

Lady health workers convention on April 6.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT President General Pervez Musharraf will inaugurate the first ever lady health workers' convention' here on April 6. This was stated by State Minister for Health Shahnaz Sheikh on...

Three die as bus collides with bike.
March 31, 2007... (From Business Recorder) Three people were killed and another one suffered injuries when the driver of a bus suffered heart attack while driving and hit a motorcycle near Nawab Solangi village, old National Highway, Khairpur on Thursday...

Punjab chief minister inaugurates Rs 80 million hospital project.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT Punjab Chief Minister Chaudhry Pervaiz Elahi said that strike call given by the combined opposition was totally flopped, as traders boycotted the strike reposing their confidence in...

Sialkot to have digital training centre.
March 31, 2007... (From Business Recorder) The federal government has released a special grant of Rs 60 million to establish a well-equipped training centre in Sialkot city to promote digital manufacturing in the district by giving the advanced computer...

'Field functionaries must focus on deposit mobilisation'.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT The deposit base of Rs 5 billion must be achieved this year to increase the financial viability of the ZTBL, said Bank's president Mansur Khan in the second two days Zonal Chiefs...

12,309 cases pending CBR legal wing decision.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT The Collectorate of Customs, Sales Tax and Federal Excise (Adjudication) has failed to dispose of 12,309 pending cases during July-2006 to February 2007. The latest data complied by...

Acer Pakistan clinches 4 awards.
March 31, 2007... (From Business Recorder) Acer Pakistan has once again clinched 4 awards in the annual party of Acer Middle East held in Dubai. The awards including Best Market Share for Notebooks, Best Market Share for LCD monitors. Best Sales...

Government and PSMA to discuss sugar issues.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT The government has scheduled an important meeting for April 3, to discuss the situation arising out of huge unsold sugar stocks at the mills and off-loading of buffer stocks by Trading...

PIDE's business barometer gives positive signal for 2006-07.
March 31, 2007... (From Business Recorder) Byline: RECORDER REPORT Pakistan Institute of Development Economics (PIDE) Vice Chancellor Dr Nadeemul Haq announced introduction of new parameters of assessing economic activity, "Business Barometer of...

Saarc states have opportunity to enforce common position at WTO.
March 31, 2007... (From Business Recorder) Byline: FIDA HUSSAIN The South Asian countries have a great opportunity to re-enforce their common position at WTO in future negotiations on agriculture so as these countries can adjust their specific stance...