Business Recorder articles from November 3 2001

Business Recorder archives from November 3 2001

LME official prices.
November 3, 2001... ============================================================================================================= Aluminium Primary Copper Standard Nickel Silver Tin SHC Zinc ...

Activity at Karachi Port.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The Karachi Port handled 26,761 tonnes cargo including 7,528 tonnes import and 19,233 tonnes export cargo during last 24 hours ending at 0700 hours on Friday. Import cargo comprised of 6,118 tonnes...

Cotton Spot Rates.
November 3, 2001... Byline: RECORDER REPORT ========================================================================================================== FOR BASE GRADE 3 STAPLE LENGTH 1-1/32" MICRONAIRE VALUE BETWEEN...

Cotton market wears cheerless look.
November 3, 2001... Byline: RECORDER REPORT KARACHI : Cotton market wore cheerless look in the absence of any deal owing mainly to Shab-e-Barat mood, relevant sources said. The usually better trading earlier in the week also formed the backdrop for...

Indonesian military warns of forced adoption of Islamic law.
November 3, 2001... JAKARTA : Indonesia's military warned Friday against any "coercive attempts" by Islamic groups to force the national assembly to adopt a law obliging Muslims to adhere to strict Islamic law, or Shariah. "We are opposed to any coercive...

India begins eight-day war games in Bay of Bengal.
November 3, 2001... NEW DELHI : India's army, navy and air force on Friday began an eight-day amphibious exercise off the Andaman and Nicobar Islands in the Bay of Bengal, a defence ministry spokesman said. Warships, maritime strike aircraft, helicopters,...

State Bank of Pakistan Conversion Rates.
November 3, 2001... Byline: RECORDER REPORT ========================== US Dollar 61.5058 Pound Sterling 89.6324 Deutsche Mark 28.4723 Japanese Yen 0.5040 ========================== ...

Indian Prime Minister to sign nuclear agreement on Russia visit.
November 3, 2001... MOSCOW : Indian Prime Minister Atal Behari Vajpayee will sign a framework agreement on a three-day visit here starting Sunday that paves the way for Russia's construction of a nuclear power plant in southern India, officials said Friday. The...

Remuneration rates payable on maturity of FE-25 funds.
November 3, 2001... Byline: RECORDER REPORT ============================ One Week 2.75 percent One Month 2.95 percent Three Months 3.15 percent ============================ KARACHI : Rates of...

Exchange Rates: Buying and Selling.
November 3, 2001... ================================================= Countries Selling Buying Buying TT&OD TT Clean OD/T.CHQ ================================================= USA 61.90 ...

Currency Notes: Exchange Rates.
November 3, 2001... ============================================= AUTHORISED DEALERS' RATES FOR CURRENCY NOTES ============================================= SELLING COUNTRY BUYING ...

Barclays bid rates and maximum rates for payment of interest.
November 3, 2001... Byline: RECORDER REPORT ================================================================== FOREIGN CURRENCY ACCOUNTS SCHEME ================================================================== ...

Bill Buying Rates per unit of currency.
November 3, 2001... ================================================================================ BILL BUYING RATES PER UNIT OF CURRENCY -------------------------------------------------------------------------------- Bill ...

Banks' Rates for currency notes (buying and selling).
November 3, 2001... ================================================== NBP EMIRATES ANZ BANK GRINDLAYS ================================================== US DOLLAR ...

Money Market Report.
November 3, 2001... KARACHI : Money market report by Khadim Ali Shah Bukhari & Co for Friday (November 2, 2001). Daily money market comments: The interbank money market on Friday showed lower trading levels in the band of 6.50 percent-7.50 percent...

Interest rates on new foreign currency deposits.
November 3, 2001... ================================================= INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS US DOLLAR ================================================= PERIOD FOR THE MONTH OF November 2001 ...

Karachi Shipping Intelligence.
November 3, 2001... Byline: RECORDER REPORT ====================================================================== Berth Vessels' Berthing Working Flag No Along side Date ...

Spot Dollar Rates.
November 3, 2001... ================================================ Ex Inter-Bank Rate PKR vs USD ================================================ Buying Selling HIGH LOW CLOSE ...

Crescent Capital Management (Pvt) Ltd: Daily Forex Report.
November 3, 2001... Byline: RECORDER REPORT KARACHI : Hectic day was observed in the Interbank Forex Market, on Friday. The greenback was seen volatile throughout the day against the Pak rupee. The ready dollar market opened with the levels of 61.54 and...

London Inter-Bank Offered Rates.
November 3, 2001... ====================================================== Rates at 11:00 London time Friday (November 2, 2001) ====================================================== USD GBP CHF EUR JPY ...

Dividend/Bonus Announcements.
November 3, 2001... Byline: RECORDER REPORT =================================================================================== FOR THE ANNUAL CLOSURE OF ...

Board Meetings.
November 3, 2001... =============================================================================== COMPANY SCHEDULED ON TIME TO CONSIDER ...

Open market rates of foreign currencies.
November 3, 2001... Byline: RECORDER REPORT ============================================================================= BUYING SELLING FC BUYING SELLING BUYING ...

Interest rates on old and incremental foreign currency deposits.
November 3, 2001... ============================================================= INTEREST RATES ON OLD & INCREMENTAL FC DEPOSITS ============================================================= US DOLLAR POUND ST DEUTCH MARK...

Clearing Schedule for T+3 System.
November 3, 2001... Byline: RECORDER REPORT ==================================================== CLEARING SCHEDULE FOR T+3 SYSTEM FOR THE MONTH OF NOVEMBER 2001 ...

CU-Managed Fund Rates.
November 3, 2001... Byline: RECORDER REPORT ============================= Offer Price 188.67 Bid Price 179.23 ============================= KARACHI : CU-Managed Fund Rates on Friday (November 2,...

NIT Unit Prices.
November 3, 2001... Byline: RECORDER REPORT ============================= Sale Price 9.55 Repurchase Price 9.05 ============================= KARACHI : NIT Unit Prices on Friday (November 2, 2001).

Inter-Bank Call Money Rates.
November 3, 2001... Byline: RECORDER REPORT ====================================== Bid Offer ====================================== 1 Week 7.70 8.00 2 Weeks 7.88...

British parliamentarians demand pause in bombing on Afghanistan.
November 3, 2001... LONDON : Seventeen MPs, including 11 Labour, called for a pause in the bombing of Afghanistan after they forced a Commons vote on the campaign Thursday night. Led by father of the House, Tam Dalyell, their move was defeated by 373 to 13. It...

Pakistan rupee gains 10 paisa in interbank market.
November 3, 2001... KARACHI : The rupee on Friday fluctuated slightly against the dollar in inter-bank market, showing 10 paisa gain versus the dollar at Rs 61.35 and Rs 61.40. Market men said that stable foreign exchange reserves position and expectations of...

Dollar's rate in inter-bank market.
November 3, 2001... Byline: RECORDER REPORT ============================== Buying Rs 61.35 Selling Rs 61.40 ============================== KARACHI : Inter-bank closing rates for dollar on...

Karachi tea rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The tea markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Kerb buying and selling rate of US dollar.
November 3, 2001... Byline: RECORDER REPORT ================================ Dollar buying and selling rate in the kerb market in rupees on Friday (November 2, 2001) ================================ Kerb Buying ...

Currency values in term of Special Drawing Rights.
November 3, 2001... ====================================================================================== November 2, 2001 ====================================================================================== ...

Jute goods rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The jute markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Milk powder rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The milk powder markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Raw rubber rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The raw rubber markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Hides and skin rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The hides and skins markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Wool and hair rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The wool and hair markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Rates of spices and other allied commodities.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The commodities markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Rates of dry fruit.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The dry fruit markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Rates of betel.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The betel markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Karachi paper market rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The paper markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Karachi Plastic/Urea Moulding Compounds Rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The plastics and moulding compounds markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Karachi chemicals and dyes market rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The chemicals and dyes markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Karachi Yarn Market Rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The yarn markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Lahore Grain Market Rates.
November 3, 2001... LAHORE : The grains and commodity markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Grain market rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : The grain markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Multan commodities market rates.
November 3, 2001... MULTAN : The commodities markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Brief Recordings about GHANDHARA LEASING COMPANY LIMITED (Leasing Companies) - Year Ended June 30, 2000.
November 3, 2001... Byline: SCANNER OVERVIEW : In April 2000, the company was taken over by Al-Zamin Leasing Modaraba and its associates, Zahidjee Brothers (Pvt) Limited after acquiring the controlling shares and management of the Company from Ghandhara...

Poultry rates.
November 3, 2001... Byline: RECORDER REPORT KARACHI : Wholesale and retail poultry rates for Friday and Saturday. Friday -- Eggs: Rs 830 - 835 per 30 dozen; Broiler Birds (live): Rs 48 per kilogram; Cull Birds (live): Rs 34 per kilo. Saturday --...

Lahore Paper Market Rates.
November 3, 2001... LAHORE : The paper markets remained closed Friday (November 2, 2001) on account of Shab-e-Barat on Friday.

Taleban claim to have captured 20 US commandos.
November 3, 2001... Byline: LAILA A ALI QUETTA : Corps Commander Kandahar Mullah Akhtar Usmani has claimed that twenty American commandos have been captured by the Taleban forces. After necessary gruelling of these American captives, they would be...

Pak-India summit not on the cards: Foreign Office.
November 3, 2001... Byline: RECORDER REPORT ISLAMABAD : A spokesman for the Foreign Office said on Friday that the programme of President Pervez Musharraf's visit to the United Nations was still being worked out but his meeting with Indian Prime Minister...

US 'won't rest' during Ramazan: President Bush.
November 3, 2001... WASHINGTON : US President George W. Bush said the United States "won't rest" the war on terrorism during Ramazan, but left it to military officials to say whether strikes on Afghanistan will halt during the Muslim holy month. "My own personal...

Human Rights Commission opposes military man as Accountability Bureau chief.
November 3, 2001... Byline: RECORDER REPORT LAHORE : Afrasiab Khan Khattak, Chairperson, Human Rights Commission of Pakistan (HRCP), has termed as disappointing the appointment of a military official as chairman of the National Accountability Bureau (NAB)....

Justice not revenge in Afghanistan: UNHCR chief.
November 3, 2001... ISLAMABAD : The Chief Commissioner of the United Nations Human Rights Commission (UNHCR), Marray Robinson, has said the world community should not to take revenge of the Sept. 11 terrorists incidents in America, but should find justice. In...

Terrorism: poser for WTO.
November 3, 2001... EDITORIAL : The World Economic Forum's East Asia summit in Hong Kong that ended on a note of urgency about holding the new round of WTO trade talks with a pronounced thrust on combating poverty, should provide enough food for thought to the...

Dangerous act of commotion.
November 3, 2001... LETTER : I would like to bring to your notice the hazards of an immoral and un-Islamic practice carried out by the merry making accomplices of the bridegroom and at his own self during a marriage/barat gathering. It has now become a symbol of...

Shopkeepers dissociate from strike call.
November 3, 2001... KARACHI : The General Secretary of Karachi Chamber of Shopkeepers, Ali Asghar, has announced disassociation from any strike call. In a statement issued on Friday, he said that the small traders are passing through a difficult period and any...

Supporting the US campaign.
November 3, 2001... EDITORIAL : Speaking at Wednesday's cabinet meeting, President General Pervez Musharraf reiterated his earlier assertions, made during his recent PTV interview, that his government's 'principled' support to the international coalition against...

Our politicians' moral bankruptcy!
November 3, 2001... LETTER : On October 23, 2001, BBC aired a discussion programme on September 11 attack on World Trade Centre in New Work and Pentagon in Washington at 7-30 pm PST. Participants included among others, former Federal Minister Begum Abida...

Concrete proof against Osama?
November 3, 2001... LETTER : The belated meeting of the OIC foreign ministers at Doha, Qatar, has opposed the US strikes on any other Arab or Muslim country to eradicate terrorism. This shows that the present US-led coalition action to capture Osama bin Laden -...

American bid to make colonise Pakistan to be foiled with full might: Jamiat Ulema-e-Pakistan Chief.
November 3, 2001... RAWALPINDI : President Jamiat Ulema-e-Pakistan, Ahl-e-Sunnah, Maulana Shah Ahmad Noorani said here on Friday that Pakistan is the citadel of Islam and any bid to make it a colony of United States would be foiled with full might. Talking...

Azad Kashmir Prime Minister asks human rights organisations, media to take notice of Indian terrorism.
November 3, 2001... MUZAFFARABAD : The AJK Prime Minister, Sardar Sikandar Hayat Khan, has asked world human rights organisations and media to take a strict notice of the Indian state terrorism unleashed against the people of Kashmir in violation of the UN...

Computer Bureau planning advanced computer courses.
November 3, 2001... ISLAMABAD : Pakistan Computer Bureau is contemplating various proposals to offer training programmes of advanced computer courses under the Information Technology Programme. Major stress of the Computer Bureau is on fundamental computer...

Pakistan Railways sets up reservation offices.
November 3, 2001... RAWALPINDI : Pakistan Railways has established three reservation offices in the city, besides the main reservation office at the railway station, official sources told APP here on Friday. These offices have been set up at the basement of...

Retest for admission in medical colleges on November 15.
November 3, 2001... KARACHI : The retest for admission to the public sector medical colleges in Sindh will be held on November 15. This was announced by the Principal of Dow Medical College (DMC) Karachi, PRofessor Elahi Bukhsh Soomro, on Friday. He said...

Pakistan, Greece discuss Afghan displaced persons issue.
November 3, 2001... ISLAMABAD : The Secretary General and Ambassador, Ministry of Foreign Affairs of Greece, George Savaidis, on Friday called on the Minister for Kashmir Affairs and Northern Areas (KANA) and SAFRON, Abbas Sarfaraz Khan, and discussed issues...

'Musharraf's China visit will further help cement Sino-Pak ties'.
November 3, 2001... BEIJING : China considers President Pervez Musharraf a good friend, and hopes his visit to Beijing next month will provide an opportunity to bring the two countries further closer to each other for dealing with regional and international...

Rs 6.68 billion to be spent on power generation plan in Northern Areas.
November 3, 2001... SKARDU : Ten-year plan is being prepared for Northern Areas to produce hydropower. Executive Engineer, Water and Power, Skardu, Raja Ali Ahmad Jan disclosed this while talking to PPI on Friday. He said Federal Government has allocated Rs...

Small Business Finance Corporation, Aga Khan Rural Support Programme to promote entrepreneurship in Northern Areas, Chitral.
November 3, 2001... ISLAMABAD : Small Business Finance Corporation (SBFC) and Aga Khan Rural Support Programme (AKRSP) will co-operate in identifying potential young entrepreneurs in Northern Areas and Chitral and provide them training and financial assistance....

Japanese economy is getting worse: Takenaka.
November 3, 2001... TOKYO : The Japanese government is maintaining a grim outlook on the economy as it prepares to release an economic assessment for November, a key minister said Friday. "I believe that the economy is getting more severe. We would like to make...

Pak-Afghanistan Solidarity Conference on November 6.
November 3, 2001... LAHORE : The Afghan leadership as well as top political leadership of Pakistan have been invited to participate in a conference At Marriot Hotel, Islamabad, on November 6, 2001 in order to "speak with one voice for strengthening solidarity...

2,000 young graduates and lawyers to be trained in legal data capturing.
November 3, 2001... ISLAMABAD : The Ministry of Science and Technology (MoST) will spend Rs. 27 million on a project to train 2,000 young graduates and lawyers in legal data capturing and storage using state of the art techniques. The project will be executed...

Information technology promotion government's top priority.
November 3, 2001... LAHORE : Chairman, Punjab Information Technology Board, (PITB) Humayun M. Mian has informed that a system would be introduced for the promotion of information technology in remote areas. Talking with PPI on Friday, he said the government was...

Joint Programme Review Mission to look over existing health programmes.
November 3, 2001... ISLAMABAD : Joint Programme Review Mission (JPRM) of the World Health Organisation is in the country to review the existing joint health programmes and prepare budget for the next biennial starting from January 1, 2002. The JPRM comprises...

Meeting on dry port issues to be held next week.
November 3, 2001... RAWALPINDI : To discuss the issues relating to the dry port, a meeting of advisory committee would be held here next week, Rawalpindi Chamber of Commerce and Industry (RCCI) sources said here on Friday. The advisory committee, consisting...

Pakistan participates in German food fair.
November 3, 2001... LAHORE : Pakistan participated in the world's largest food fair "Anuga," which is held every second year in Cologne, Germany. Pakistani pavilion was organised by the Export Promotion Bureau. According to a press release issued by Usman...

Elimination of root cause must to do away with terrorism: Pakistan Awami Tehrik chief.
November 3, 2001... LAHORE : If the world community wants to eliminate terrorism, then it will not be enough to just eliminate one network or organisation, but the root cause of terrorism must be investigated and then addressed. The Pakistan Awami Tehrik...

Amnesty International urges respect for human rights by post-Taleban government in Afghanistan.
November 3, 2001... ISLAMABAD : The Amnesty International has said any post-Taleban government in Afghanistan will have no credibility if it fails to respect the basic human rights of all the ethnic groups and minorities in Afghanistan. The newly-appointed...

Ticketless travellers warned of strict action.
November 3, 2001... RAWALPINDI : Federal Minister for Communications and Railways, Lieutenant General Jawed Ashraf Qazi (Retd) said on Friday that schedule of the trains should be strictly adhered to, and ticketless travellers be dealt with severely. He said...

Former Hurriyet Conference Chief concerned over plight of Kashmiri detainees.
November 3, 2001... OCCUPIED SRINAGAR : Stating that thousands of Kashmiris were languishing in jails for years, former Hurriyet Chairman, Syed Ali Shah Gilani expressed his serious concern over their plight. According to Kashmir Media Service, Gilani was...

Parking facility on Murree Road restored.
November 3, 2001... RAWALPINDI : District Nazim, Rawalpindi, Raja Tariq Kiyani has announced restoration of parking facility on both sides of the Murree road. But this facility is allowed only for buyers. This decision has been made on experiment basis....