Business Recorder articles from November 2010

Business Recorder archives from November 2010

LME official prices.
November 30, 2010... Byline: RECORDER REPORT =================================================================================================== Aluminium Aluminium Copper Lead Nickel Tin Zinc...

LME official plastics prices.
November 30, 2010... Byline: RECORDER REPORT ========================================================================================== PP PA PE PN North LL LA LE LN North Global Asia Europe America Global Asia Europe...

Bullion Rates.
November 30, 2010... ================================== In rupees per 10 gram ================================== KARACHI ---------------------------------- Gold Tezabi 24 CT 37671.00 Silver Tezabi 711.42 ---------------------------------- MULTAN...

Poultry Rates.
November 30, 2010... Byline: RECORDER REPORT Wholesale poultry rates on Monday (November 29, 2010) and for Tuesday (November 30, 2010) Eggs: Rs.2220/2225 per 30 dozen; Broiler Birds (live): Rs.118 per kilogram; Cull Birds (live): Rs.98 per kilo. RATES FOR...

Cotton Spot Rates.
November 30, 2010... Byline: RECORDER REPORT =========================================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees --------------------------------------------------------------------------- FOR...

Karachi Yarn Market Rate.
November 30, 2010... Byline: RECORDER REPORT ================================= CONES CARDED ================================= 10/1. Popular Fibre 1450.00 Diwan 1450.00 16/1. United 1550.00 Popular Fibre 1500.00 Abdullah Textile 1480.00 21/1. Ishtiaq...

Lahore Paper Market Rates.
November 30, 2010... Byline: RECORDER REPORT ======================================== OFFSET PAPER (PER LB) ======================================== Indonesia ---------------------------------------- 23x36 75 57.00 27x34 75 57.00 25.5x36 75 57.00 30x40 75...

Lahore Grain Market Rates.
November 30, 2010... Byline: RECORDER REPORT ================================= Per 100 kg ================================= Sugar 6900/- Gur 7000/7500 Shakar 8000/8500 Ghee (16 kg) 2260/2450 Almond (Kaghzi) 37000/55000 Almond (Simple) 10200/15000 Sogi...

Faisalabad yarn and fibre prices.
November 30, 2010... Byline: RECORDER REPORT ================================= 8/S CONE (COTTON) ================================= Crescent 925.00 Gulstan 1195.00 ARY 795.00 Aisha 795.00 Shaheen 810.00 Nelam 810.00 MD...

Grain market rates.
November 30, 2010... Byline: RECORDER REPORT ================================= CEREALS (Per 100 Kgs) ================================= Makai 2538/2550 Moong Punjab 9750/- Masoor Canada 6800/- Masoor Dall 8500/8600 Urad Burma (40 Kg) 3700/- Barley Sindh...

Karachi Plastic/Urea Moulding Compounds Rates.
November 30, 2010... Byline: RECORDER REPORT ================================= HDPE (FILM) (Per lb) ================================= Saudia 952 66.00 Mobil 65.00 TR144 66.00 --------------------------------- HDPE (INJECTION) (Per...

Hides and skin rates.
November 30, 2010... Byline: RECORDER REPORT ============================================= HIDES ============================================= (Wet Salted Per Piece) ============================================= (i) (ii)...

Karachi chemicals and dyes market rates.
November 30, 2010... Byline: RECORDER REPORT ================================= DYES NAPHTHOLS CHINA (Per Pound) ================================= As 100 pc 175.00 AS 80 pc 155.00 ASBS 100 pc 210.00 --------------------------------- BASES...

Rates of spices and other allied commodities.
November 30, 2010... Byline: RECORDER REPORT ================================= KIRANA ITEMS (Per 40 Kg) ================================= White pepper 25800.00 Black pepper Singapore 18500.00 Black pepper Ceylon 18200.00 Black pepper Brazil 19000.00 Mace...

Rates of dry fruit.
November 30, 2010... Byline: RECORDER REPORT ================================= DRY FRUITS (Per 40 Kg) ================================= Chaman Almond 4000/14000 Almond (Girdi) 4000.00 Almond (Irani) 28000.00 Almond (USA) 20000/26000 Kaghzi Wahidi...

Raw rubber rates.
November 30, 2010... Byline: RECORDER REPORT ================================= RAW RUBBER CEYLON (per lb) ================================= Merryrub (Equv to RSS 185.00 RSSV 185.00 Merryrub (Equv to Crap 195.00 Pale Crape TPC3...

Jute goods rates.
November 30, 2010... Byline: RECORDER REPORT ================================= JUTE GOODS TWINE (Per Kg) ================================= 20x3 Brown 102.00 16x3 CRT/Indus 102.00 8x3 170.00 40x2 Brown 100.00 --------------------------------- HESSIAN CLOTH...

Karachi tea rates.
November 30, 2010... Byline: RECORDER REPORT ================================= TEA (PER KG) ================================= KENYA --------------------------------- PF-1 A Grade 390.00 B Grade 360.00 + C Grade 340.00 C Grade...

Milk powder rates.
November 30, 2010... Byline: RECORDER REPORT ================================= MILK POWDER Skimmed (per bag of 25 kgs) ================================= Irish skimmed 8500.00 Haleeb SMP 6500.00 Nur Pur 7500.00 Skim Pak 5400.00 Poland 8300.00 Olden Burger...

National Commodity Exchange Trading Summary.
November 30, 2010... Byline: RECORDER REPORT ======================================================================================================================== ===================== Date Commodity Contract Price Open High Low Close Traded Previous Current...

State Bank statement of affairs.
November 30, 2010... Byline: RECORDER REPORT ======================================================================================================================== ========================= STATEMENT OF AFFAIRS OF THE STATE BANK OF PAKISTAN BANKING...

Shipping Intelligence.
November 30, 2010... Byline: RECORDER REPORT ================================================================================ VESSELS ON BERTH ================================================================================ Berth Ship Working Agent...

Kerb buying and selling rate of US dollar.
November 30, 2010... Byline: RECORDER REPORT ========================= Open Buying Rs.85.70 Open Selling Rs.85.90 ========================= Dollar buying and selling rate in the kerb market in rupees on Monday (November 29, 2010). Copyright 2010...

Dollar's rate in interbank market.
November 30, 2010... Byline: RECORDER REPORT ========================= Buying Rs.85.78 Selling Rs.85.83 ========================= Interbank closing rates for dollar on Monday (November 29, 2010). Copyright 2010 Business Recorder

THE RUPEE: dollar lower.
November 30, 2010... Byline: RECORDER REPORT The money market opened the week on a firm note on Monday as the rupee managed to gain modestly against dollar in process of trading, dealers said. The rupee gave up it's weekend slide, gaining 12 paisa in relation to...

Bank: BANK AL-HABIB LIMITED - Analysis of Financial Statements Financial Year 2004 - 3Q 2010.
November 30, 2010... Bank Al-Habib Limited provides various financial products and services in Pakistan. It offers consumer, commercial and Islamic banking services. Its commercial banking services include current and deposit accounts for corporate and individual...

Revised Rates of Debt Securities.
November 30, 2010... Byline: RECORDER REPORT ============================================================================================================== RATES OF DEBT...

Mutual Funds Association of Pakistan.
November 30, 2010... Byline: RECORDER REPORT ======================================================================================================================== ===================== Names Asset Manager Category Offer Repurchase Validity of Fund Price...

BRIndex30 and BR Sectoral Indices.
November 30, 2010... Byline: RECORDER REPORT =================================== BR INDICASE AT A GLANCE =================================== BRINDEX30 - =================================== Day Close (-) 8,261.36 High: 8,271.64 Low: 8,230.63 Net Change:...

BOARD MEETINGS.
November 30, 2010... Byline: RECORDER REPORT ======================================================= Name of company Date Time ======================================================= Mirpurkhas Sugar Mills Ltd 30.11.2010 11:00 am TRG Pakistan Ltd 03.12.2010...

Applied for extension to SECP for holding AGM.
November 30, 2010... Byline: RECORDER REPORT =================================================================== Applied for Name of Company Year Ended Extension upto =================================================================== TRG Pakistan Ltd...

Despatch of dividend warrants.
November 30, 2010... Byline: RECORDER REPORT ==================================================================================== Company Year Ended/Ending Dividend/Bonus Dispatched...

Board Meetings.
November 30, 2010... Byline: RECORDER REPORT ================================================================================= Company SCHEDULED ON TIME PLACE TO...

Provisionally listed companies.
November 30, 2010... Byline: RECORDER REPORT ==================================================== Company Trading commenced from ==================================================== - - ==================================================== Provisional...

Last date of renunciation/payment.
November 30, 2010... 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.
November 30, 2010... Byline: RECORDER REPORT ==================================================================== PROPOSED RIGHT ISSUE ==================================================================== Company...

Clearing Schedule for T+2 System.
November 30, 2010... Byline: RECORDER REPORT ================================================================ CLEARING SCHEDULE FOR T+2 SYSTEM FOR THE MONTH OF NOVEMBER AND DECEMBER...

NJLI YAQEEN GROWTH FUND RATES.
November 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 573.08 Bid Price 544.42 ===================== NJLI Yaqeen Growth Fund Rates on Monday (November 29, 2010). Copyright 2010 Business Recorder

NJLI MEESEQ Fund Rates.
November 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 531.41 Bid Price 504.83 ===================== NJLI Meeseq Fund Rates on Monday (November 29, 2010). Copyright 2010 Business Recorder

NJLI Sarmaya Growth Fund Rates.
November 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 257.75 Bid Price 244.85 ===================== New Jubilee Life Insurance Sarmaya Growth Fund Rates on Monday (November 29, 2010). Copyright 2010 Business Recorder

NJLI Managed Growth Fund Rates.
November 30, 2010... Byline: RECORDER REPORT ===================== Offer Price 541.61 Bid Price 514.52 ===================== New Jubilee Life Insurance Managed Growth Fund Rates on Monday (November 29, 2010). Copyright 2010 Business Recorder

Open market rates of foreign currencies.
November 30, 2010... Byline: RECORDER REPORT ========================================================================= CURRENCY BUYING SELLING CURRENCY BUYING SELLING ========================================================================= US$ O/M 85.70 85.90...

Pakistan Government International Bonds.
November 30, 2010... Byline: RECORDER REPORT ====================================================================== Pakistan Government International Bonds ====================================================================== Bid Offer Bid Offer Mid...

World currencies and euro.
November 30, 2010... Byline: RECORDER REPORT ====================================================== COUNTRY CURRENCY VALUE OF EURO ====================================================== Afghanistan (Afghani) 58.7854 Albania (Lek) 138.951 Algeria (Dinar)...

Spot dollar rates.
November 30, 2010... Byline: RECORDER REPORT ======================================= Ex Interbank Rate PKR against USD ======================================= BID OFFER CLOSE ======================================= Ready 85.8200 85.8400 85.8300 1 week...

London Interbank Offered Rates.
November 30, 2010... Byline: RECORDER REPORT ====================================================== Rates at 11:00 London time Monday (November 29, 2010) ====================================================== USD GBP CAD EUR...

Banks' rates for currency notes (buying and selling).
November 30, 2010... Byline: RECORDER REPORT =================================== Selling Buying =================================== US DOLLAR 86.96 84.86 SAUDI RIYAL 23.19 22.62 UK POUND STG 135.72 132.42 JAPANESE YEN 1.0342 1.0087 EURO 115.17...

Money Market Report.
November 30, 2010... Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Monday (November 29, 2010). DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 12.50% - 12.75%. In Repo, major deals were done in the range...

Interest rates on new foreign currency deposits.
November 30, 2010... Byline: RECORDER REPORT ================================================= INTEREST RATES ON NEW FOREIGN CURRENCY DEPOSITS US DOLLAR ================================================= PERIOD FOR THE MONTH OF NOVEMBER 2010 %...

Bill buying rates per unit of currency.
November 30, 2010... Byline: RECORDER REPORT ======================================================================== BILL BUYING RATES PER UNIT OF CURRENCY ======================================================================== Bill 30 Days 60 Days 90 Days...

Exchange rates: buying and selling.
November 30, 2010... Byline: RECORDER REPORT ========================================= Countries Selling Buying Buying TT&OD TT Clean OD/T.CHQ ========================================= USA 86.10 85.90 85.71 UK 134.37 134.06 133.75 EURO 114.03 113.77...

Conversion for foreign currency deposits.
November 30, 2010... Byline: RECORDER REPORT =============================================== US DOLLAR POUND STERLING EURO JAPANESE YEN =============================================== 85.6658 134.3753 113.4729...

Currency notes: exchange rates.
November 30, 2010... Byline: RECORDER REPORT ============================================= AUTHORISED DEALERS' RATES FOR CURRENCY NOTES ============================================= COUNTRY SELLING BUYING ============================================= USA...

LIBOR calculating interest on US dollar.
November 30, 2010... Byline: RECORDER REPORT ========================================= BONDS LIBOR VALUE ========================================= 6 MONTHS US DOLLAR 0.4588 29-11-2010 ========================================= London Interbank Offer Rates...

Interest rates on old and incremental FCY deposits.
November 30, 2010... Byline: RECORDER REPORT ================== Rates % pa ================== USD 0.1000 GBP 0.1000 JPY 0.0000 ================== Interest rates on old and incremental FCY deposits on Monday (November 29, 2010). Copyright 2010...

Barclays bid rates and maximum rates for payment of interest.
November 30, 2010... Byline: RECORDER REPORT ======================================================== INTEREST PAYABLE ON FE DEPOSITS ======================================================== BBA BID MAXIMUM RATES RATES FOR PAYMENT OF INTEREST...

State Bank of Pakistan conversion rates.
November 30, 2010... Byline: RECORDER REPORT ========================== US Dollar 85.6658 Pound Sterling 134.3753 Euro 113.4729 Japanese Yen 1.0217 ========================== Rates applicable for conversion into rupees of Foreign Currency Deposits,...

Aaj TV - Tuesday's schedule.
November 30, 2010... Byline: RECORDER REPORT 06:00 News Bulletin 06:25 Headline News 06:30 Aaj Zara Hutt Kay 06:55 Headline News 07:00 Bolta Pakistan 07:25 Headline News 07:30 Bolta Pakistan 07:55 News Bulletin 08:25 Headline News 08:30 Aaj Market Morning (Live)...

Oil cake market rates.
November 30, 2010... Byline: RECORDER REPORT No change was again witnessed on the forward cottonseed oilcake market Monday in process of trading, dealers said. The December vaida that had closed at Rs 1178.00 last week commenced with no change at the same rate,...

Prices, off-take volume turn upward on cotton market tracks.
November 30, 2010... Byline: RECORDER REPORT Steady trend was seen on the cotton market on Monday as the prices again started looking ahead on the back of rising trend in the international and partly because of short crop position, dealers said. The Karachi...

Prices move both ways on grain market.
November 30, 2010... Byline: RECORDER REPORT Mixed price pattern was seen on the wholesale grains and seed market on Monday in the process of thin trading, dealers said. On the cereals side wheat old registered higher at Rs 2640 and new type was trading at Rs...

Jute goods twine up on Jodia Bazar.
November 30, 2010... Byline: RECORDER REPORT The trading in jute goods twine ended up on Jodia Bazar here on Monday. The following changes were noted. JUTE GOODS TWINE (Per kg): 20x3 Brown closed higher by Rs 2 to Rs 102, 16x3 CRT/Indus moved upward by Rs 2 to...

Activity at Karachi and Qasim ports.
November 30, 2010... Byline: RECORDER REPORT The Karachi Port handled 249,221 tonnes of cargo including 191,950 tonnes of import cargo, 57,271 tonnes of export cargo, 4,255 loaded and empty containers during last 48 hours ended at 0700 hours on Monday. The total...

Reception for Asian Games medallists at PM House.
November 30, 2010... A reception is being organised here on Tuesday at the Prime Minister House in honour of the medal-winning Pakistani players at the 16th Asian Games at Guangzhou (China). Besides the medalists, officials who accompanied them to the Asian Games,...

Mujahid chided for 'baseless remarks'.
November 30, 2010... Byline: RECORDER REPORT Sindh Football Association (SFA) President, Ghulam Abbas has expressed surprise over the baseless remarks of former Technical Director, Pakistan Football Federation (PFF), Mujahid Ullah Tareen. "His groundless...

Imposition of RGST: government urged to consult business community.
November 30, 2010... Vice President, SAARC Chamber of Commerce and Industry and former president FPCCI, Iftikhar Ali Malik has warned the government that if Reformed General Sales Tax (RGST) is implemented without consultation and taking advice of business community...

Hajj scam: Malik pledges strict action against 'corrupt' officials.
November 30, 2010... Byline: RECORDER REPORT Interior Minister Rehman Malik on Monday pledged strict actions against those involved in Hajj scam, saying that corrupt officials will not be pardoned. Talking to reporters on his visit to National Institute of Folk...

PTA, Ericsson announce Mobile Excellence Award winners.(Awards list)
November 30, 2010... Pakistan Telecommunications Authority (PTA) and Ericsson announced Ericsson-PTA Mobile Excellence Award winners at a ceremony held on Monday at a local hotel in Islamabad. The award has been conferred on the winning team for their exemplary...

Academic credentials: three lawmakers skip ECP body hearing.
November 30, 2010... Byline: QAMAR UZ ZAMAN Three lawmakers including a provincial minister from Sindh did not attend the hearing of the special committee of the Election Commission of Pakistan (ECP) on the allegations of fake academic credentials, here Monday....

Jamaat-e-Islami set to stage sit-in outside Parliament House.
November 30, 2010... Byline: RECORDER REPORT Jamaat-e-Islami (JI) is all set to stage protest sit-in outside Parliament House on December 05 against the price-hike, inflation, rampant corruption, unemployment and repatriation of Dr Aafia Siddiqui from the US. ...

Conducting contempt of court case against PCO judges: Counsel argues SC has no jurisdiction.
November 30, 2010... Byline: RECORDER REPORT Lawyer of a PCO judge on Monday argued before the Supreme Court that it had no jurisdiction to conduct contempt proceedings against judges of the superior courts, as Supreme Judicial Council (SJC) was the only...

Pak-Afghan traders agree to set up joint chamber.
November 30, 2010... Byline: RECORDER REPORT The trading community of Pakistan and Afghanistan have agreed in principle for the establishment of Pak-Afghan Joint Chamber of Commerce and Industry. The office of the president of the joint chamber would be handed...

Only 43 percent of Lowari Tunnel project completed.
November 30, 2010... Byline: RECORDER REPORT Only 43 percent of the Lowari Tunnel project has been completed with Rs 10 billion increase in its cost as compared to the original PC1, it is learnt. The original PC-1 of the Lowari Tunnel was worth Rs 8 billion, the...

National Assembly body fears RGST to affect agriculture growth.
November 30, 2010... Byline: NAVEED BUTT National Assembly's Standing Committee on Food and Agriculture expressed grave concerns over the proposed imposition of reformed General Sales Tax (GST) on 500 food items, which would badly affect the growth of agriculture...

IBA convocation today.
November 30, 2010... The Convocation 2010 of the Institute of Business Administration (IBA) Karachi will be held at its main campus on November 30. An official of the institution said on Monday that Governor of Sindh, Dr Ishrat ul Ebad Khan, who is also the patron...

Wattoo sad over attack on Kashmiri leader.
November 30, 2010... Federal Minister for Kashmir Affairs & Gilgit-Baltistan, Mian Manzoor Ahmad Wattoo expressed deep grief and sorrow over the attack on Kashmiri Hurriyat leader, Mirwais Umar Farooq by Indian extremist activists. Indian extremists must stop...

Minister takes serious note of minor girl's abduction.
November 30, 2010... Federal Minister for Minorities, Shahbaz Bhatti has taken strong exception of a minor girl's abduction belonging to Hindu community, pledging to get her released at the earliest and the kidnappers would be dealt with iron hands. The three and...

Partly Facetious: Zardari greatest obstacle to Pakistan's progress.
November 30, 2010... Byline: ANJUM IBRAHIM "Rehman Malik has said that Zardari persecutors must be held accountable." "He is right, its time to take action..." "Did he mean both domestic and international persecutors?" "Whatever do you mean?" "Did he...

Show-cause notices issued to broiler chicken farming firms.
November 30, 2010... The Competition Commission of Pakistan (CCP) has issued show cause notices to five broiler chicken farming companies for engaging in practices prohibited under the Competition Act, 2010. According to a press release the companies which have been...

Child protection mechanism: Stakeholders' involvement stressed.
November 30, 2010... Byline: TAHIR AMIN The child protection mechanism requires the involvement of various stakeholders to chalk out strategy to ensure that all the children have equal access to basic rights without exploitation. This was stated by Ejaz Ahmed...

Pakistan considers Sweden as important partner: Gilani.
November 30, 2010... Prime Minister Yusuf Raza Gilani said that Pakistan considers Sweden as an important partner bilaterally as well as in the context of EU and the Nordic region. An institutional arrangement in the shape of a Pakistan-Nordic Economic Co-operation...

'Sweden to help in infrastructure, rehabilitation efforts'.
November 30, 2010... Byline: MUSHTAQ GHUMMAN The international community is reluctant to invest in Pakistan due to energy (electricity and gas) shortage, and the worsening law and order situation in the country. This issue remained on top of concerns in...

Etihad Airways reports profitable earnings.(Financial report)
November 30, 2010... Etihad Airways reported profitable earnings before interest, taxation, depreciation, amortisation and rentals (EBITDAR) for 2010, said Chief Executive Officer James Hogan, marking an important step forward in the airline's journey towards full...

Toastmasters Club formed at ICMAP Islamabad.
November 30, 2010... The IBC formed ICMAP Toastmasters Club at ICMAP Islamabad for improvement of communication and leadership skills of its members. Since 1924 the toastmasters International around the globe is helping its members to develop and improve their...