Business Recorder articles from March 2009

Business Recorder archives from March 2009

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

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

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

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

Poultry Rates.
March 31, 2009... Byline: RECORDER REPORT Wholesale poultry rates on Monday (March 30, 2009) and for Tuesday (March 31, 2009). Eggs: Rs 1440/1445 per 30 dozen; Broiler Birds (live): Rs 124 per kilogram; Cull Birds (live): Rs 70 per kilo. RATES...

Karachi Yarn Market Rate.
March 31, 2009... Byline: RECORDER REPORT Karachi Yarn Market Rates on Monday (March 30, 2009). ====================================== CONES CARDED ====================================== 10/1 Popular Fibre 470.00 Diwan 510.00 16/1 United 625.00...

Multan commodities market rates.
March 31, 2009... Commodities market rates in rupees on Monday (March 30, 2009). ===================================== FOOD GRAINS (Per 100 kilogram) ===================================== Maize 1675/1750 Bajra 1625/2250 Barley 2750/2875 Rice Superior...

Faisalabad yarn and fibre prices.
March 31, 2009... Byline: RECORDER REPORT Cotton yarn rates in rupees per 10 Lbs on Monday (March 30, 2009). ================================ 4/S-6/S-7/S CONE (COTTON) ================================ Clock 245.00 Tuhfa 300.00...

Lahore Grain Market Rates.
March 31, 2009... Byline: RECORDER REPORT Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 30, 2009). ===================================== Per 100 kg ===================================== Sugar 4350/4360 Gur 4500/4600...

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

Hides and skin rates.
March 31, 2009... Byline: RECORDER REPORT Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (March 30, 2009). ============================================= HIDES ============================================= (Wet...

Karachi Plastic/Urea Moulding Compounds Rates.
March 31, 2009... Byline: RECORDER REPORT Karachi Plastic/Urea Moulding Compounds Rates on Monday (March 30, 2009). ===================================== HDPE (FILM) (Per lb) ===================================== Saudia 952 48.00 Mobil 48.00 TR144...

Grain market rates.
March 31, 2009... Byline: RECORDER REPORT Karachi grain market rates in rupees on Monday (March 30, 2009). ===================================== CEREALS (Per 100 Kgs) ===================================== Makai 1550/- Juwar 1400/- Moong Punjab...

Karachi chemicals and dyes market rates.
March 31, 2009... Byline: RECORDER REPORT Chemicals and dyes market rates in rupees on Monday (March 30, 2009). ===================================== DYES NAPHTHOLS CHINA (Per Pound) ===================================== As 100 pc 200.00 AS 80 pc...

Rates of dry fruit.
March 31, 2009... Byline: RECORDER REPORT Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (March 30, 2009). ===================================== DRY FRUITS (Per 40 Kg) ===================================== Chaman...

Rates of spices and other allied commodities.
March 31, 2009... Byline: RECORDER REPORT Rates of spices and other allied commodities in rupees prevailing on the commodity markets in Karachi on Monday (March 30, 2009). ===================================== KIRANA ITEMS (Per 40 Kg)...

Raw rubber rates.
March 31, 2009... Byline: RECORDER REPORT Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (March 30, 2009). ===================================== RAW RUBBER CEYLON (per lb) =====================================...

Jute goods rates.
March 31, 2009... Byline: RECORDER REPORT Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (March 30, 2009). ===================================== JUTE GOODS TWINE (Per Kg) =====================================...

Karachi tea rates.
March 31, 2009... Byline: RECORDER REPORT Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (March 30, 2009). ===================================== TEA (PER KG) ===================================== KENYA...

Milk powder rates.
March 31, 2009... Byline: RECORDER REPORT Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (March 30, 2009). ===================================== MILK POWDER Skimmed (per bag of 25 kgs)...

National Commodity Exchange Trading Summary.
March 31, 2009... Byline: RECORDER REPORT National Commodity Exchange Limited Trading Summary on Monday (March 30, 2009). ======================================================================================================================== ====...

State Bank statement of affairs.
March 31, 2009... Byline: RECORDER REPORT The statement of affairs of the State Bank of Pakistan, Banking Department, as on 21TH March, 2009. ...

Weekly statement of position of all scheduled banks.
March 31, 2009... Byline: RECORDER REPORT Weekly statement of position of all scheduled banks as at the close of business on March 21, 2009. =========================================================================================== (RUPEES IN...

Dollar's rate in interbank market.
March 31, 2009... Byline: RECORDER REPORT Interbank closing rates for dollar on Monday (March 30, 2009). ============================== Buying Rs 80.50 Selling Rs 80.55 ============================== Copyright 2009 Business Recorder

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

Kerb buying and selling rate of US dollar.
March 31, 2009... Byline: RECORDER REPORT Dollar buying and selling rate in the kerb market in rupees on Monday (March 30, 2009). ================================ Open Buying Rs 80.45 Open Selling Rs 80.60 ================================ ...

THE RUPEE: parity stays put.
March 31, 2009... Byline: RECORDER REPORT Rates moved both ways on the currency market on Monday as supply position matched with demand, dealers said. On the interbank market the rupee retained its weekend levels against dollar for buying and selling at...

Cement: PIONEER CEMENT LIMITED - Analysis of Financial Statements Financial Year 2004 - H 2001 Financial Year 2009.
March 31, 2009... Pioneer Cement Limited (PIOC) project started in November 1994 when its first unit commenced production. Its second unit was commissioned in January 2006. PIOC is a medium-sized company in the cement sector, which began its operations with an...

Revised Rates of Debt Securities.
March 31, 2009... Byline: RECORDER REPORT The following were the revised rates of debt securities on Monday (March 30, 2009). ========================================================================================================================...

Odd Lot Market Rates.
March 31, 2009... Byline: RECORDER REPORT Odd Lot Market Rates on Monday (March 30, 2009). =========================================================== ODD LOT MARKET =========================================================== Source: KSE As on:...

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

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

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

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

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

Shares buy-back schedule.
March 31, 2009... Byline: RECORDER REPORT Shares buy-back schedule of listed companies on Monday (March 30, 2009). ======================================================================================= Company Re-Purchase From To Member appointed...

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

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

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

NJLI MEESEQ Fund Rates.
March 31, 2009... Byline: RECORDER REPORT NJLI Meeseq Fund Rates on Monday (March 30, 2009). ============================= Offer price 472.30 Bid Price 448.68 ============================= Copyright 2009 Business Recorder

NJLI Sarmaya Growth Fund Rates.
March 31, 2009... Byline: RECORDER REPORT New Jubilee Life Insurance Sarmaya Growth Fund Rates on Monday (March 30, 2009). ============================== Offer Price 188.56 Bid Price 179.12 ============================== Copyright 2009 Business...

NJLI Managed Growth Fund Rates.
March 31, 2009... Byline: RECORDER REPORT New Jubilee Life Insurance Managed Growth Fund Rates on Monday (March 30, 2009). ============================= Offer Price 414.22 Bid Price 393.50 ============================= Copyright 2009 Business...

World currencies and euro.
March 31, 2009... Byline: RECORDER REPORT Value of the euro in terms of other world currencies as prevailing in the week ended Monday (March 30, 2009). ====================================================== COUNTRY CURRENCY VALUE OF EURO...

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

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

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

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

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

Money Market Report.
March 31, 2009... Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Monday (March 30, 2009). DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 14.00% - 14.90%. In Repo, major deals were done within the...

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

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

LIBOR calculating interest on US dollar.
March 31, 2009... Byline: RECORDER REPORT London Interbank Offer Rates on for calculating interest on special US dollar on Monday (March 30, 2009). ========================================= BONDS LIBOR VALUE ========================================= 6...

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

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

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

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

Aaj TV - Tuesday's schedule.
March 31, 2009... Byline: RECORDER REPORT 06:00 News Bulletin 06:25 Headline News 06:30 News Bulletin 06:55 Headline News 07:00 Bolta Pakistan 07:25 Headline News 07:30 Bolta Pakistan 07:55 Headline News 08:00 Aaj Subh (Live From Karachi) 08:25 Headline...

China on offensive in struggle over new financial order.
March 31, 2009... China put the United States unexpectedly on the defensive shortly before the Group of 20 (G20) summit convenes next week in London by proposing that the dollar be replaced with a global currency reserve to settle international payments. ...

PFF condoles death of gold medallist coach Aslam.
March 31, 2009... Byline: RECORDER REPORT Pakistan Football Federation (PFF)'s President Makhdoom Syed Faisal Saleh Hayat, Secretary General Lieutenant Colonel Ahmed Yar Khan Lodhi (Retd.), Director Marketing Sardar Naveed Haider, Director Operation Wng....

Miandad asked to continue as PCB Director General.
March 31, 2009... Byline: RECORDER REPORT Former coach and skipper Javed Miandad, who resigned from the office of Director General of Pakistan Cricket Board (PCB) about a two month ago, has been asked to perform as the Director General of the board in the...

Inland Soccer Series: Pakistan Probables to take on SSGC today.
March 31, 2009... Byline: RECORDER REPORT Pakistan Probables will take on Sui Southern Gas Company (SSGC) on Tuesday in their eighth and final match of eight-match Inland Series in the build up for the AFC Challenge Cup Qualifiers at Sugathadasa Stadium...

Barley prices up in thin trade on grain, seed market.
March 31, 2009... Byline: RECORDER REPORT Lean business was seen on the wholesale grain and seed market on Monday as buyers were interested in further decline in prices, dealers said. On the cereal side barley Sindh and Mardan were down by Rs 300 to Rs...

Chemical items move both ways on Jodia Bazaar.
March 31, 2009... Byline: RECORDER REPORT The trading in chemicals items moved both ways on Jodia Bazaar here on Monday. The following changes were noted. CHEMICALS (Per kg): Oxalic acid China edged down by Rs 2 to Rs 64 and citric acid China closed...

Solo deal in wait, see situation on cotton market.
March 31, 2009... Byline: RECORDER REPORT Firmness prevailed on the cotton market on Monday as mills adopted the wait-and-see attitude due to upward trend in the prices, dealers said. The official spot rate was unchanged at Rs 3300. The Phutti prices in...

Activity at Karachi and Qasim ports.
March 31, 2009... Byline: RECORDER REPORT The Karachi Port handled 270,643 tonnes of cargo including 204,548 tonnes of import and 66,095 tonnes of export, 4,369 loaded and empty containers (TEUs) during last 48 hours ending at 0700 hours on Monday. The...

PTA concerned over terrorist attack at police academy.
March 31, 2009... Pakistan Tanners Association (PTA) on Monday expressed concerns over the terrorist attack at Police Training Academy in Lahore leaving at least 20 people dead and many other injured, saying that the law and order deterioration will damage the...

Proposals sought from provinces on LG system.
March 31, 2009... Byline: AFTAB CHANNA The federal government has asked the provinces for submitting their proposals by the end of the next month to decide the fate of Local Government (LG) system, it is reliably learnt. According to sources, the National...

Shortage of funds: Sindh sports department not paying salaries to employees for four months.
March 31, 2009... Byline: AAMIR MAJEED Since past four months the provincial sports department has not been able to pay salaries to its employees due to shortage of Rs 4 million funds, arising from an unwelcome deduction by the finance department, from...

17th AGM of Soneri Bank held.
March 31, 2009... Byline: RECORDER REPORT The annual accounts of Soneri Bank Limited for the year ended December 31, 2008, were approved by the shareholders of the bank at the 17th Annual General Meeting held here on Monday. According to a bank's...

Yahya Polani nominated FPCCI body chief.
March 31, 2009... Leading businessman and Polani Group MD Yahya Polani has been nominated as chairman of the Federation of Chambers of Commerce and Industry (FPCCI) Committee on Aviation by FPCCI President Sultan Chawla. Yahya Polani has earlier twice served...

Reinstatement of sacked employees: privilege motion filed with Senate Secretariat.
March 31, 2009... Byline: ZULFIQAR AHMAD Senator Raza Rabbani on Monday filed a privilege motion in Senate Secretariat against the heads of different government institutions for using delaying tactics in reinstatement of sacked employees. He said that the...

Warid brings 'Best Network ki Best Offer'.
March 31, 2009... Warid Telecom (Pvt) Limited has introduced another exciting and economical package for its valuable subscribers. With the launch of '60 paisas package 'Best Network ki Best Offer' Warid subscribers can talk on all other networks for as low as...

Rich tributes paid to Dr Halepota.
March 31, 2009... Byline: RECORDER REPORT The scholars while remembering noted religious scholar Dr Abdul Wahid J. Halepota, founder of the Department of Comparative Region and Islamic Culture, University of Sindh paid great homage on his great services...

Mustafa asks KESC to overcome power crisis.
March 31, 2009... City Nazim Karachi Syed Mustafa Kamal has expressed grave concern over the present electricity crisis and prolonged load shedding in Karachi which has caused production loss in industries and sufferings to citizens. According to a press...

Sitara-e-Imtiaz conferred on Amir Mahboob.
March 31, 2009... Allama Iqbal International Airport General Manager Syed Amir Mahboob has been conferred with Sitara-e-Imtiaz Award from President Asif Ali Zardari for his extra ordinary performance on the occasion of the crash of Foker of PIA in July 2006...

Load shedding adversely affecting every aspect of life.
March 31, 2009... Byline: ISHFAQULLAH SHAWL Worsening power load-shedding has badly affected the private life and budget of almost every individual and the same is the true for twin cities of Islamabad and Rawalpindi. During the survey conducted by...

Railways fire department made functional.
March 31, 2009... Byline: RECORDER REPORT Pakistan Railways (PR) has finally made its Fire Department functional after experiencing the repeated incidents of fire during the last six years. Talking to Business Recorder on Monday, Divisional Superintendent...

'Efforts on for improving health, medical facilities'.
March 31, 2009... Byline: RECORDER REPORT District Co-ordination Officer (DCO), Multan, Muhammad Khurram Agha has said that efforts were being made for improving health and education facilities in the district. Addressing the meeting of District...

UK delegation visits EDB, Tusdec, Pasdec.
March 31, 2009... A delegation of Pakistan Britain Trade and Investment Forum (PBT&IF) led by its Chairman, Sir Tom Harris and accompanied by Wajid Shamsul Hasan, High Commissioner of Pakistan in UK, held a joint meeting with CEOs of Engineering Development...

Population Ministry conducts training programme.
March 31, 2009... Ministry of Population Welfare carried out far reaching and substantive training programme during last year to meet its goal of keeping Pakistan's population in check. According to official sources here, the Ministry conducted the vast...

Pervaiz Elahi terms terrorist attacks as failure of the government.
March 31, 2009... President, PML-Q Punjab, and former chief minister Chaudhary Pervaiz Elahi has condemned the terrorist attack at Police Training Centre, Manawan and termed it as negligence of law enforcement agencies and failure of the government. Talking to...

Terrorist attack strongly condemned.
March 31, 2009... Byline: RECORDER REPORT People from different walks of life have strongly condemned the terrorist attack on police training centre in Manawar and termed it a naked and brutal act against mankind. Talking to Business Recorder, Federal...

'Attack a conspiracy against Pakistan'.
March 31, 2009... PPP leader and former senior provincial minister Raja Riaz has said that the attack on the police training centre, Manawan, is a part of conspiracies being hatched by enemies of Pakistan. He was talking to mediamen at the Services Hospital...

Transfers and postings.
March 31, 2009... Byline: RECORDER REPORT The Punjab government has issued notification regarding transfers and posting orders of six officers including two provincial secretaries on Monday. Dr Ahmad Kamal, Additional Secretary Home, replaced Secretary...