Business Recorder articles from March 2011

Business Recorder archives from March 2011

LME official plastics prices.
March 31, 2011... Byline: RECORDER REPORT ========================================================================================== PP PA PE PN North LL LA LE LN North Global Asia Europe America Global Asia Europe...

LME official prices.
March 31, 2011... Byline: RECORDER REPORT =================================================================================================== Aluminium Aluminium Copper Lead Nickel Tin Zinc...

Cotton Spot Rates.
March 31, 2011... Byline: RECORDER REPORT =========================================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees --------------------------------------------------------------------------- FOR...

Lahore Grain Market Rates.
March 31, 2011... Byline: RECORDER REPORT ====================================== Per 100 kg ====================================== Sugar 6520/6540 Gur 6500/7500 Shakar 7500/7800 Ghee (16 kg) 2550/2655 Almond (Kaghzi) 35000/50000 Almond (Simple)...

Lahore Paper Market Rates.
March 31, 2011... Byline: RECORDER REPORT =========================================== OFFSET PAPER (PER LB) =========================================== Indonesia ------------------------------------------- 23x36 75 57.00 27x34 75 57.00 25.5x36 75...

Pakistan Mercantile Exchange - PMEX.
March 31, 2011... Byline: RECORDER REPORT ======================================================================================================================== ========================== Date Commodity Contract Price Open High Low Close Traded Previous...

Dollar's rate in interbank market.
March 31, 2011... Byline: RECORDER REPORT ======================== Buying Rs.85.24 Selling Rs.85.29 ======================== Interbank closing rates for dollar on Wednesday (March 30, 2011). Copyright 2011 Business Recorder

Shipping Intelligence.
March 31, 2011... Byline: RECORDER REPORT =============================================================================== VESSELS ON BERTH =============================================================================== Berth Ship Working Agent Berthing No...

Kerb buying and selling rate of US dollar.
March 31, 2011... Byline: RECORDER REPORT ======================== Open Buying Rs.85.15 Open Selling Rs.85.35 ======================== Dollar buying and selling rate in the kerb market in rupees on Wednesday (March 30, 2011). Copyright 2011 Business...

THE RUPEE: all-round gains.
March 31, 2011... Byline: RECORDER REPORT Steadier trend was seen on the currency market on Wednesday as the rupee showed firmness versus dollar due to easy availability of the US currency, dealers said. The rupee held the overnight firmness against dollar,...

Energy: KOHINOOR ENERGY LIMITED - Analysis of Financial Statements Financial Year 2002 - Financial Year 2010.
March 31, 2011... Kohinoor Energy Limited (KEL) was incorporated in the year 1994. The company is currently listed on Karachi, Lahore, and Islamabad Stock Exchanges. KEL is one of the many Independent Power Producers (IPPs) operating in Pakistan. The principal...

Revised Rates of Debt Securities.
March 31, 2011... Byline: RECORDER REPORT ============================================================================================================== RATES OF DEBT...

Cross Transactions between Client to Client & Financial Institutions.
March 31, 2011... Byline: RECORDER REPORT ==================================================================== CROSS TRANSACTIONS BETWEEN CLIENT TO CLIENT & FINANCIAL...

Member to Member.
March 31, 2011... Byline: RECORDER REPORT ============================================================================== MEMBERS HAVE SUBSEQUENTLY REPORTED THE FOLLOWING TRANSACTIONS MEMBER TO...

Mutual Funds Association of Pakistan.
March 31, 2011... Byline: RECORDER REPORT ======================================================================================================================== ======================= Funds Name Asset Manager Category Offer Repurchase Validity Price...

BRIndex30 and BR Sectoral Indices.
March 31, 2011... Byline: RECORDER REPORT =================================== BR INDICASE AT A GLANCE =================================== BRINDEX30 - =================================== Day Close: (+) 8,855.19 High: 8,859.39 Low: 8,766.55 Net Change:...

Despatch of dividend warrants.
March 31, 2011... Byline: RECORDER REPORT ================================================================================= Company Year Ended/Ending Dividend/Bonus Dispatched...

BOARD MEETINGS.
March 31, 2011... Byline: RECORDER REPORT ================================================================ Name of company Date Time ================================================================ Ghani Value Glass Limited 31.03.2011 2:00 pm The United...

Board Meetings.
March 31, 2011... Byline: RECORDER REPORT ======================================================================================== Company SCHEDULED ON TIME PLACE TO...

Last date of renunciation/payment.
March 31, 2011... Byline: RECORDER REPORT ======================================================================================== COMPANY Trading in L/Right Last Date for Last Date of Spot From Premium w.e.f. Payment/Ren....

Proposed right issues.
March 31, 2011... Byline: RECORDER REPORT ==================================================================== PROPOSED RIGHT ISSUE ==================================================================== Company...

Clearing Schedule for T+2 System.
March 31, 2011... Byline: RECORDER REPORT ================================================================ CLEARING SCHEDULE FOR T+2 SYSTEM FOR THE MONTH OF MARCH AND APRIL 2011 ================================================================ TRANSACTION...

EFU GUARANT GROWTH FUND Rates.
March 31, 2011... Byline: RECORDER REPORT ===================== Offer Price 575.92 Bid Price 547.12 ===================== EFU Guarant Growth Fund Rates on Wednesday (March 30, 2011). Copyright 2011 Business Recorder

EFU Aitemad Growth Fund Rates.
March 31, 2011... Byline: RECORDER REPORT ===================== Offer Price 658.86 Bid Price 625.91 ===================== EFU Aitemad Growth Fund Rates on Wednesday (March 30, 2011). Copyright 2011 Business Recorder

EFU Capital Growth Fund Rates.
March 31, 2011... Byline: RECORDER REPORT ===================== Offer Price 235.02 Bid Price 223.26 ===================== EFU Capital Growth Fund Rates on Wednesday (March 30, 2011). Copyright 2011 Business Recorder

EFU Pension Growth Fund Rates.
March 31, 2011... Byline: RECORDER REPORT ===================== Offer Price 154.74 Bid Price 147.00 ===================== EFU Pension Growth Fund Rates on Wednesday (March 30, 2011). Copyright 2011 Business Recorder

EFU Managed Growth Fund Rates.
March 31, 2011... Byline: RECORDER REPORT ===================== Offer Price 815.05 Bid Price 774.29 ===================== EFU Managed Growth Fund Rates on Wednesday (March 30, 2011). Copyright 2011 Business Recorder

NJLI YAQEEN GROWTH FUND RATES.
March 31, 2011... Byline: RECORDER REPORT ===================== Offer Price 591.57 Bid Price 561.98 ===================== NJLI Yaqeen Growth Fund Rates on Wednesday (March 30, 2011). Copyright 2011 Business Recorder

NJLI MEESEQ Fund Rates.
March 31, 2011... Byline: RECORDER REPORT ===================== Offer Price 551.36 Bid Price 523.78 ===================== NJLI Meeseq Fund Rates on Wednesday (March 30, 2011). Copyright 2011 Business Recorder

NJLI Sarmaya Growth Fund Rates.
March 31, 2011... Byline: RECORDER REPORT ===================== Offer Price 272.00 Bid Price 258.39 ===================== New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (March 30, 2011). Copyright 2011 Business Recorder

NJLI Managed Growth Fund Rates.
March 31, 2011... Byline: RECORDER REPORT ===================== Offer Price 573.99 Bid Price 545.28 ===================== New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (March 30, 2011). Copyright 2011 Business Recorder

Pakistan Government International Bonds.
March 31, 2011... Byline: RECORDER REPORT ====================================================================== Pakistan Government International Bonds ====================================================================== Bid Offer Bid Offer Mid...

Currency values in terms of Special Drawing Rights.
March 31, 2011... Byline: RECORDER REPORT ====================================================================================== March 30, 2011 ====================================================================================== Currency units per SDR SDR...

Spot dollar rates.
March 31, 2011... Byline: RECORDER REPORT ======================================= Ex Interbank Rate PKR against USD ======================================= BID OFFER CLOSE ======================================= Ready 85.2700 85.2900 85.2800 1 week...

Open market rates of foreign currencies.
March 31, 2011... Byline: RECORDER REPORT ========================================================================= CURRENCY BUYING SELLING CURRENCY BUYING SELLING ========================================================================= US$ O/M 85.15 85.35...

Money Market Report.
March 31, 2011... Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (March 30, 2011). DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 13.90% and remained unchanged throughout the trading...

Interest rates on new foreign currency deposits.
March 31, 2011... Byline: RECORDER REPORT ================================================= INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS US DOLLAR ================================================= PERIOD FOR THE MONTH OF MARCH 2010 %...

Bill buying rates per unit of currency.
March 31, 2011... Byline: RECORDER REPORT ======================================================================== BILL BUYING RATES PER UNIT OF CURRENCY ======================================================================== Bill 30 Days 60 Days 90 Days...

Banks' rates for currency notes (buying and selling).
March 31, 2011... Byline: RECORDER REPORT =================================== Selling Buying =================================== US DOLLAR 86.15 84.03 SAUDI RIYAL 22.97 22.41 UK POUND STG 137.81 134.40 JAPANESE YEN 1.0386 1.0130 EURO 121.41...

LIBOR calculating interest on US dollar.
March 31, 2011... Byline: RECORDER REPORT ========================================= BONDS LIBOR VALUE ========================================= 6 MONTHS US DOLLAR 0.4605 30-03-2011 ========================================= London Interbank Offer Rates...

Interest rates on old and incremental FCY deposits.
March 31, 2011... Byline: RECORDER REPORT ================== Rates % pa ================== USD 0.1000 GBP 0.1000 JPY 0.0000 ================== Interest rates on old and incremental FCY deposits on Wednesday (March 30, 2011). Copyright 2011...

Exchange rates: buying and selling.
March 31, 2011... Byline: RECORDER REPORT ========================================= Countries Selling Buying Buying TT&OD TT Clean OD/T.CHQ ========================================= USA 85.30 85.10 84.88 UK 136.44 136.12 135.75 EURO 120.21 119.93...

Conversion for foreign currency deposits.
March 31, 2011... Byline: RECORDER REPORT =============================================== US DOLLAR POUND STERLING EURO JAPANESE YEN =============================================== 85.2960 136.6357 120.4039...

Currency notes: exchange rates.
March 31, 2011... Byline: RECORDER REPORT ============================================= AUTHORISED DEALERS' RATES FOR CURRENCY NOTES ============================================= COUNTRY SELLING BUYING ============================================= USA...

State Bank of Pakistan conversion rates.
March 31, 2011... Byline: RECORDER REPORT ========================== US Dollar 85.2960 Pound Sterling 136.6357 Euro 120.4039 Japanese Yen 1.0415 ========================== Rates applicable for conversion into rupees of Foreign Currency Deposits,...

Barclays bid rates and maximum rates for payment of interest.
March 31, 2011... Byline: RECORDER REPORT ======================================================== INTEREST PAYABLE ON FE DEPOSITS ======================================================== BBA BID MAXIMUM RATES RATES FOR PAYMENT OF INTEREST...

Aaj TV - Thursday's schedule.
March 31, 2011... Byline: RECORDER REPORT 06:00 News Bulletin 06:25 Headline News 06:30 Benaqaab 06:55 Headline News 07:00 Islamabad Tonight 07:25 Headline News 07:30 Islamabad Tonight 07:55 Headline News 08:00 News Bulletin 08:25 Headline News 08:30 Aaj...

Activity at Karachi and Qasim ports.
March 31, 2011... Byline: RECORDER REPORT The Karachi Port handled 144,413 tonnes of cargo including 107,136 tonnes of import, 37,277 tonnes of export cargo and 7,121 loaded and empty containers (TEUs) during the last 24 hours of business activities ended at...

Partly Facetious: Gilani took Malik because he wanted to go.
March 31, 2011... Byline: ANJUM IBRAHIM "Why did Gilani take Rehman Malik to Mohali? Was it to ensure that the team, incensed at his ill advised remarks, would be further incensed?" "They say being incensed releases adrenaline and that is going to ensure...

Fresh attempt launched to introduce anti-burqa law in Belgium.
March 31, 2011... A committee in Belgium's lower chamber of parliament approved Wednesday a law outlawing burqas and other kinds of Islamic face veils - relaunching efforts to introduce the ban nearly one year after they were thwarted by a government crisis. ...

RAHMAN MALIK.
March 31, 2011... Byline: M S HASAN (KARACHI) This refers to Interior Minister Rahman Malik's statement, made hours before the commencement of the highly charged semi-final match between arch rivals Pakistan and India, in the ongoing ICC Cricket World Cup...

Challenges and accomplishments.
March 31, 2011... Byline: DR MIRZA IKHTIAR BAIG It is difficult to pen down the performance of the present government during last 3 years as it was not a smooth sailing. The government has faced numerous unforeseen challenges since inception which has...

The need for easy monetary policy.
March 31, 2011... Byline: SHAHID ALI, FAZLI RABBI AND NAVEED ALI The major problems, the economy of Pakistan is facing in recent years, are the macroeconomic imbalances and sluggishness of the economy. On the one hand, the whole burden lies on the shoulders of...

Hedge fund risk management.
March 31, 2011... Byline: ZAFAR AZEEM This article gives you an idea about what are the relevant factors for Hedge Fund Risks fundamentals. What are risk fundamentals? Webster's Dictionary defines "fundamental" as: 1 One of the minimum constituents...

Exploring a new gas resource - Shale Gas.
March 31, 2011... Byline: AKHTAR ALI In my previous article, I stressed upon exploring widely available gas resources in the country. I would like to draw the attention of the readers and policy-makers on yet another vast potential, called Shale Gas. There are...

Presidential reference for Zulfikar Ali Bhutto's trial review.
March 31, 2011... The Federal Cabinet on Monday decided to ask president Zardari to file a reference with the Supreme Court of Pakistan on the death sentence termed by great many as the 'judicial' murder of Zulfikar Ali Bhutto in 1979. The review will be filed...

Textile units and amnesty.
March 31, 2011... The Federal Board of Revenue (FBR) is expected to announce an amnesty scheme for textile units requiring registration subsequent to the amended zero-rating notification issued on the same day, March 15, as the three presidential ordinances seek...

Mobilink rewards cricket enthusiasts.
March 31, 2011... As the nation is gripped in cricket frenzy, Mobilink, Pakistan's market leader in cellular services and a part of Orascom Telecom Holding, rewards 30 cricket enthusiasts with a round trip to Sri Lanka. To tap into the pulse of the nation that is...

Kazmi remanded to 14-day judicial custody.
March 31, 2011... Byline: ISHFAQULLAH SHAWL Court has sent Hamid Saeed Kazmi, former religious affairs minister to jail on 14-day judicial remand in multi-million Hajj corruption scandal, after FIA exhausted his 14-day physical remand. Kazmi will be kept under...

UBL UAE's Khalifa main branch inaugurated.
March 31, 2011... United Bank Limited's Khalifa Main Branch, Abu Dhabi, was inaugurated by Shaikh Nahayan Mabarak Al Nahayan, UAE Minister of Higher Education and Scientific Research and Chairman United Bank Limited on March 23, 2011. Atif R Bokhari, President...

'Narcotics bloodline of cross-border terrorism between Pakistan, Afghanistan'.
March 31, 2011... Byline: WASIM IQBAL The narcotics is bloodline of cross-border terrorism between Afghanistan-Pakistan and Afghan government must do more to eradicate the illicit trade of narcotics. Chairman Senate Standing Committee on Foreign Affairs,...

ESUP holds Public Speaking Competition.
March 31, 2011... The English Speaking Union of Pakistan (ESUP) held its National Public Speaking Competition at Karachi, in which two finalists of each of the public-speaking competitions held by its Karachi, Lahore and Islamabad Chapters, participated. The...

Tree plantation drive begins at SU.
March 31, 2011... Byline: RECORDER REPORT The University of Sindh organised tree plantation campaign at the campus which would start from the Institute of English Language and Literature. Vice Chancellor University of Sindh, Professor Dr Nazir A. Mughal...

Convocation of Defence Authority Montessori held.
March 31, 2011... A unique convocation ceremony of young beaming students of class Prep belonging to Defence Authority Montessori was held in the Auditorium of DHA College for Men here on Tuesday. The young graduates of the Montessori, who will now be joining...

NBP 62nd annual general meeting held.
March 31, 2011... National Bank of Pakistan (NBP) held its 62nd Annual General Meeting at a local hotel here on Wednesday March 30th, 2011. The meeting was well attended by the share holders and the senior executives from the Bank. The share holders approved...

Senate extends warm welcome to Afghan parliamentary team.
March 31, 2011... Byline: RECORDER REPORT The Senate on Wednesday extended a warm welcome with a standing ovation to Afghan parliamentary delegation while expressing their yearning for peace and stability in the region. Farooq H Neak, Chairman Senate requested...

CIMA, AICPA embark on international management accounting initiative.
March 31, 2011... The Chartered Institute of Management Accountants (CIMA), headquartered in London, and the American Institute of Certified Public Accountants (AICPA), headquartered in New York, are launching a joint venture that would give management...

Old enmity claims two lives in Nasirabad.
March 31, 2011... Unknown armed men gunned down two persons over old feud in Bakhtiarabad area of Nasirabad district on Wednesday. According to the Levies Force, the victims, identified as Abdul Rehman and Nazir Ahmad, were on their way to home when the gunmen...

NTN be made mandatory: Chairman KATI.
March 31, 2011... Byline: N H ZUBERI Chairman, Korangi Association of Trade and Industry (KATI), Johar Ali Qandhari has suggested that National Tax Number (NTN) should be made mandatory for purchase, sale and allotment of property for the purpose of broadening...

PBC returns application of woman beaten by lawyer.
March 31, 2011... Byline: RECORDER REPORT Punjab Bar Council (PBC) has returned an application of a woman against a lawyer, who beat her in the High Court premises a few days back, asking her to submit process fee. The complainant, Bushra Sayeda (60) said that...

Fertiliser prices increase by 10 to 20 percent in markets.
March 31, 2011... Byline: RECORDER REPORT Prices of all kind of fertilisers have increased by 10 to 20 percent in the markets of Southern Punjab following the imposition of General Sales Tax on agriculture inputs. The DAP prices have jumped by Rs 779 to Rs...

58 percent population comprises of youth up to 25 years of age: Khosa.
March 31, 2011... Byline: RECORDER REPORT Senior Advisor to Chief Minister Punjab, Sardar Zulfiqar Ali Khan Khosa, has said that 58 percent population of Punjab is comprised of youth up to age of 25 years and this human resource is our precious asset. He said...

SNGPL suspends gas supply to over 600 units.
March 31, 2011... Byline: KHALID ABBAS SAIF Sui Northern Gas Pipelines Limited (SNGPL) has suspended the Gas Supply to more than 600 industrial units for 84 hours, here on Wednesday, under new gas-shedding schedule, which will continue till April 02 at 06:00...

National Day of Bangladesh today.
March 31, 2011... Byline: RECORDER REPORT The 40th anniversary of National Day of Bangladesh will be celebrated on Thursday (today). Qazi Humayun Fareed, Bangladesh Honorary Consul General in Punjab will host a reception in this connection at a local club...

Lecture at Shaukat Khanum Research Centre on April 1.
March 31, 2011... Byline: RECORDER REPORT Shaukat Khanum Memorial Cancer Hospital and Research Centre is organising a monthly lecture on 'Common Errors in Outpatient Management of Diabetes Mellitus" for general medical practitioners on Friday, April 1st 2011....

Two children beaten to death.
March 31, 2011... Byline: RECORDER REPORT Two children were beaten to death and latterly both dead bodies were burnt by their mental cousin in Abbaspur, here on Wednesday morning. According to Police, a youth, Usman was a mentally patient. He abducted Muhammad...

JI condemns attack on JUI rally.
March 31, 2011... Byline: RECORDER REPORT The Jamaat e Islami chief, Syed Munawar Hasan and JI Secretary General, has condemned the blast in the JUI rally on Wednesday. In a joint statement here, they said that the federal as well as the provincial governments...

Seminar on water, energy crises held.
March 31, 2011... Byline: RECORDER REPORT President of Pakistan Engineers Forum Engr Syed Imtiaz Hussain, Engr Najib Haroon, Engr Tahir Sultan, Engr Mansoor Siddique and Engr Khawaja Aurangzeb were of the view construction of more water reservoirs was need of...

PARB organises workshop for teachers.
March 31, 2011... Byline: RECORDER REPORT Punjab Agricultural Research Board (PARB) organised a one-day training workshop for teachers and researchers of the Islamia University of Bahawalpur to promote research culture at the university. A team of the board...

Interdepartmental floral competition at UVAS.
March 31, 2011... Byline: RECORDER REPORT The Lahore College for Women University Chairman chemistry department Professor Dr Rukhshanda Nawaz inaugurated interdepartmental floral competition at University of Veterinary and Animal Sciences (UVAS) on Wednesday....

Punjab Assembly passes seven bills.
March 31, 2011... Byline: JALIL HASSAN AKHTAR Punjab Assembly in its session passed seven bills and forwarded four to the committees to be returned by April 31, 2011. The bills passed were: The Trust (Amendment) Bill 2011, The Transfer of Property...

23 quacks held in Quetta.
March 31, 2011... Some 23 quacks have been arrested in an operation launched by the district administration Quetta. Some 23 persons were arrested from localities including Satellite Town, Pshtoonabad and Gawalmandi. The operation was launched on Wednesday on the...

30,000 Umrah pilgrims awaiting seats.
March 31, 2011... Byline: RECORDER REPORT More than 30,000 Umra pilgrims are running from pillar to post to get reserved their seats in PIA flights but all in vain. Travel agents have complained that a mafia in PIA was active to accommodate their favourite...

Punjab government considering doctors' demands sympathetically.
March 31, 2011... Byline: RECORDER REPORT The Punjab government has assured the Young Doctors' Association of considering the demands of doctors sympathetically and possible increase in their salaries in the next financial budget. Sardar Zulfiqar Ali Khan...