Business Recorder articles from September 2009

Business Recorder archives from September 2009

LME official plastics prices.
September 30, 2009... Byline: RECORDER REPORT The following were Monday official prices. ============================================================================================ PP PA PE PN North LL LA LE LN North Global Asia Europe America Global Asia...

Bullion Rates.
September 30, 2009... Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 29, 2009). ================================== In rupees per 10 gram ================================== KARACHI ----------------------------------...

LME official prices.
September 30, 2009... Byline: RECORDER REPORT The following were Monday official prices. =================================================================================================== Aluminium Aluminium Copper Lead Nickel Tin Zinc Nasaac...

Lahore Grain Market Rates.
September 30, 2009... Byline: RECORDER REPORT Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 29, 2009). ======================================== Per 100 kg ======================================== Sugar 4600/- Gur 7000/8000...

Poultry Rates.
September 30, 2009... Byline: RECORDER REPORT Wholesale poultry rates on Tuesday (September 29, 2009) and for Wednesday (September 30, 2009). Eggs: Rs 1860/1865 per 30 dozen; Broiler Birds (live): Rs 134 per kilogram; Cull Birds (live): Rs 78 per kilo. RATES...

Cotton Spot Rates.
September 30, 2009... Byline: RECORDER REPORT Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 29, 2009). =========================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees...

National Commodity Exchange Trading Summary.
September 30, 2009... Byline: RECORDER REPORT National Commodity Exchange Limited Trading Summary on Tuesday (September 29, 2009). ======================================================================================================================== ====...

Lahore Paper Market Rates.
September 30, 2009... Byline: RECORDER REPORT Paper market rates in rupees on Tuesday (September 29, 2009). ============================================ OFFSET PAPER (PER LB) ============================================ INDONESIA...

Dollar's rate in interbank market.
September 30, 2009... Byline: RECORDER REPORT Interbank closing rates for dollar on Tuesday (September 29, 2009). ============================== Buying Rs.83.15 Selling Rs.83.20 ============================== Copyright 2009 Business Recorder

Shipping Intelligence.
September 30, 2009... Byline: RECORDER REPORT Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 29, 2009). PORT QASIM INTELLIGENCE ======================================================================================...

Kerb buying and selling rate of US dollar.
September 30, 2009... Byline: RECORDER REPORT Dollar buying and selling rate in the kerb market in rupees on Tuesday (September 29, 2009). ================================ Open Buying Rs.82.95 Open Selling Rs.83.05 ================================ ...

THE RUPEE: all-round fall.
September 30, 2009... Byline: RECORDER REPORT Rising demand for dollars, pushed the rupee down on the currency market on Tuesday, dealers said. On the interbank market the rupee gave up its firmness, losing 15 paisa against the US currency for buying and selling...

Chemicals: DAWOOD HERCULES CHEMICALS LIMITED - Analysis of Financial Statements Financial Year 2002 - 2001 Q 2009.
September 30, 2009... Dawood Hercules Chemicals Limited (DHL) is a public limited company. It was incorporated on 17th of April 1968 as a joint venture between Dawood Group of Industries and Hercules Inc USA. At the time of its inception, it was the largest...

Revised Rates of Debt Securities.
September 30, 2009... Byline: RECORDER REPORT The following were the revised rates of debt securities on Tuesday (September 29, 2009). ================================================================================================================ RATES OF...

Member to Member.
September 30, 2009... Byline: RECORDER REPORT The following transactions member to member subsequently reported on Tuesday (September 29, 2009). ============================================================================== MEMBERS HAVE SUBSEQUENTLY REPORTED...

Cross Transactions between Client to Client & Financial Institutions.
September 30, 2009... Byline: RECORDER REPORT The following were the cross transactions between client to client & financial institutions here on Tuesday (September 29, 2009). ==================================================================== CROSS...

Mutual Funds Association of Pakistan.
September 30, 2009... Byline: RECORDER REPORT Mutual Funds Association has issued open-end funds daily prices for Tuesday (29 September 2009) PENSION FUNDS (OPEN-END FUNDS): CLOSED-END FUND NAVs:...

Despatch of dividend warrants.
September 30, 2009... Byline: RECORDER REPORT Dates of despatch of dividend warrants and bonus share certificates. ==================================================================================== Company Year Ended/Ending Dividend/Bonus Dispatched...

BRIndex30 and BR Sectoral Indices.
September 30, 2009... Byline: RECORDER REPORT BRIndex30 and BR Sectoral Indices on Tuesday (September 29, 2009). =================================== BR INDICASE AT A GLANCE =================================== BRINDEX30 - =================================== Day...

Applied for extension to SECP for holding AGM.
September 30, 2009... Byline: RECORDER REPORT Applied for extension to SECP for holding of annual general meeting. =================================================================== Applied for Name of Company Year Ended Extension upto...

BOARD MEETINGS.
September 30, 2009... Byline: RECORDER REPORT Board Meetings of Companies listed on the Karachi Stock Exchange. ================================================================== Name of Company Date...

Board meetings in progress.
September 30, 2009... Byline: RECORDER REPORT Board Meetings in Progress of Companies listed on the Karachi Stock Exchange. ========================================================================================== COMPANY SCHEDULED ON TIME TO CONSIDER R E M A...

Board Meetings.
September 30, 2009... Byline: RECORDER REPORT Board Meetings of Companies listed on the Karachi Stock Exchange. =============================================================================================== Company SCHEDULED ON TIME PLACE TO...

Shares buy-back schedule.
September 30, 2009... Byline: RECORDER REPORT Shares buy-back schedule of listed companies on Tuesday (September 29, 2009). ======================================================================================= Company Re-Purchase From To Member appointed...

Provisionally listed companies.
September 30, 2009... Byline: RECORDER REPORT Provisional companies listed in Karachi Stock Exchange. ==================================================== Company Trading commenced from ==================================================== Nishat Chunian Power...

Last date of renunciation/payment.
September 30, 2009... Byline: RECORDER REPORT Last dates of renunciation/payment. =============================================================================== LAST DATE FOR RENUNCIATION/PAYMENT...

Proposed right issues.
September 30, 2009... Byline: RECORDER REPORT Right issues proposed by companies listed on Karachi Stock Exchange. =============================================================== PROPOSED RIGHT...

Clearing Schedule for T+2 System.
September 30, 2009... Byline: RECORDER REPORT Karachi Stock Exchange's Clearing Schedule for T+2 System. ================================================================ CLEARING SCHEDULE FOR T+2 SYSTEM FOR THE MONTHS OF SEPTEMBER & OCTOBER 2009...

EFU Aitemad Growth Fund Rates.
September 30, 2009... Byline: RECORDER REPORT EFU Aitemad Growth Fund Rates on Tuesday (September 29, 2009). ============================= Offer Price 577.88 Bid Price 548.98 ============================= Copyright 2009 Business Recorder

EFU Capital Growth Fund Rates.
September 30, 2009... Byline: RECORDER REPORT EFU Capital Growth Fund Rates on Tuesday (September 29, 2009). ============================= Offer Price 216.15 Bid Price 205.34 ============================= Copyright 2009 Business Recorder

EFU Pension Growth Fund Rates.
September 30, 2009... Byline: RECORDER REPORT EFU Pension Growth Fund Rates on Tuesday (September 29, 2009). ============================= Offer Price 132.89 Bid Price 126.24 ============================= Copyright 2009 Business Recorder

EFU Managed Growth Fund Rates.
September 30, 2009... Byline: RECORDER REPORT EFU Managed Growth Fund Rates on Tuesday (September 29, 2009). ============================= Offer Price 725.62 Bid Price 689.33 ============================= Copyright 2009 Business Recorder

NJLI CAPITAL VALUE FUND RATES.
September 30, 2009... Byline: RECORDER REPORT NJLI Capital Value Fund Rates on Tuesday (September 29, 2009). ============================= Offer Price 517.73 Bid Price 491.83 ============================= Copyright 2009 Business Recorder

NJLI MEESEQ Fund Rates.
September 30, 2009... Byline: RECORDER REPORT NJLI Meeseq Fund Rates on Tuesday (September 29, 2009). ============================= Offer Price 487.66 Bid Price 463.27 ============================= Copyright 2009 Business Recorder

NJLI Sarmaya Growth Fund Rates.
September 30, 2009... Byline: RECORDER REPORT New Jubilee Life Insurance Sarmaya Growth Fund Rates on Tuesday (September 29, 2009). ============================== Offer Price 215.51 Bid Price 204.72 ============================== Copyright 2009 Business...

NJLI Managed Growth Fund Rates.
September 30, 2009... Byline: RECORDER REPORT New Jubilee Life Insurance Managed Growth Fund Rates on Tuesday (September 29, 2009). ============================= Offer Price 468.41 Bid Price 444.98 ============================= Copyright 2009 Business...

Pakistan Government International Bonds.
September 30, 2009... Byline: RECORDER REPORT Pakistan Government International Bonds daily prices for Tuesday (September 29, 2009) ====================================================================== Pakistan Government International Bonds...

US treasuries bid yields.
September 30, 2009... Byline: RECORDER REPORT US treasuries bid yields on Tuesday (September 29, 2009). =========================================================================== US TREASURIES (BID...

US treasuries bid prices.
September 30, 2009... Byline: RECORDER REPORT US treasuries bid prices on Tuesday (September 29, 2009). ========================================================================================== US TREASURIES (BID PRICES)...

Open market rates of foreign currencies.
September 30, 2009... Byline: RECORDER REPORT Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (September 29, 2009). ========================================================================= CURRENCY BUYING...

Currency values in terms of Special Drawing Rights.
September 30, 2009... Byline: RECORDER REPORT The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR). ======================================================================================...

Spot dollar rates.
September 30, 2009... Byline: RECORDER REPORT Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (September 29, 2009). ======================================= Ex Interbank Rate PKR against USD ======================================= BID...

London Interbank Offered Rates.
September 30, 2009... Byline: RECORDER REPORT London Interbank Offered Rates (LIBOR) on Tuesday (September 29, 2009). ======================================================== Rates at 11:00 London time Tuesday (September 29, 2009)...

Banks' rates for currency notes (buying and selling).
September 30, 2009... Byline: RECORDER REPORT The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (September 29, 2009). =================================== Selling Buying...

Money Market Report.
September 30, 2009... Byline: RECORDER REPORT Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (September 29, 2009). DAILY MONEY MARKET COMMENTS: Money market initiated at the level of 12.50%-12.90%. In Repo, market remained fixed at the level...

Interest rates on new foreign currency deposits.
September 30, 2009... Byline: RECORDER REPORT Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (September 29, 2009). ================================================= INTEREST...

Bill buying rates per unit of currency.
September 30, 2009... Byline: RECORDER REPORT Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (September 29, 2009)....

Interest rates on old and incremental FCY deposits.
September 30, 2009... Byline: RECORDER REPORT Interest rates on old and incremental FCY deposits on Tuesday (September 29, 2009). ================== Rates % pa ================== USD 0.1000 GBP 0.1000 ================== Copyright 2009 Business Recorder

Currency notes: exchange rates.
September 30, 2009... Byline: RECORDER REPORT Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (September 29, 2009). ============================================= AUTHORISED DEALERS'...

LIBOR calculating interest on US dollar.
September 30, 2009... Byline: RECORDER REPORT London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (September 29, 2009). ========================================= BONDS LIBOR VALUE =========================================...

Conversion for foreign currency deposits.
September 30, 2009... Byline: RECORDER REPORT Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (September 29, 2009). =============================================== US DOLLAR POUND...

Exchange rates: buying and selling.
September 30, 2009... Byline: RECORDER REPORT Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (September 29, 2009). ========================================= Countries Selling Buying Buying TT&OD TT Clean...

Barclays bid rates and maximum rates for payment of interest.
September 30, 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.
September 30, 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 - Wednesday's schedule.
September 30, 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 News Bulletin 08:25 Headline News 08:30 News Bulletin 08:55 Headline...

Activity at Karachi and Qasim ports.
September 30, 2009... Byline: RECORDER REPORT The Karachi Port handled 53,894 tonnes of cargo including 35,591 tonnes import and 18,303 tonnes export cargo including 2,438 empty and loaded containers during last 24 hours ending at 0700 hours on Tuesday. The cargo...

Oil cake market rates.
September 30, 2009... Byline: RECORDER REPORT Upward trend was seen on the forward cottonseed oilcake market on Tuesday in process of slow trading, dealers said. The December vaida, which closed at 901.50, opened with a gain of 30 paisa at Rs 901.80 and January...

Cotton buying spree continues on better exports prospects.
September 30, 2009... Byline: RECORDER REPORT Prospects for better exports in the coming days, propelled the mills and exporters to make new deals, dealers said on the cotton market on Tuesday. The official spot rate was unchanged at Rs 3500. Approximately, 38,000...

Slack demand slides prices down on grain market.
September 30, 2009... Byline: RECORDER REPORT Some changes were seen on the wholesale grain and seed market on Tuesday as most of the buyers were hoping that the rates will come down further due to sluggish demand, dealers said. On the grams side gram dal...

India's nuclear plans big opportunity for global players: Singh.
September 30, 2009... India's nuclear energy industry is poised for a major expansion which would provide huge opportunities for the global nuclear industry, Prime Minister Manmohan Singh said on Tuesday. India's nuclear programme had the potential of yielding...

PAF chief for promoting spirit of fair play in sports.
September 30, 2009... Byline: RECORDER REPORT Asian Football Confederation (AFC) Disciplinary Committee's Chairman Syed Faisal Saleh Hayat has appealed to players, referees, fans and officials throughout Asia to help praise and promote the spirit of fair play in...

Punjab Sports Academy to be upgraded.
September 30, 2009... Byline: RECORDER REPORT The provincial government would upgrade Punjab Sports Academy (PSA) with the provision of more facilities for professional training apart from capacity building of the coaches and technical staff of the Punjab Sports...

PCB announces Domestic Season 2009-2010 calendar.
September 30, 2009... Byline: RECORDER REPORT Pakistan Cricket Board (PCB) has announced the Calendar for its Domestic Season 2009-10. The domestic season already started with Regional inter-district U-19 tournament, which will be completed on 18th October...

No change in venue, schedule of National Games.
September 30, 2009... Byline: RECORDER REPORT NWFP Minister for Sports, Culture and Tourism Syed Aqil Shah has said that the 31st National Games will not be shifted from Peshawar and will be held here as per schedule. This, he said, while presiding over an...

Budget of Spanish royal family frozen due to economic crisis.
September 30, 2009... The annual budget of Spain's King Juan Carlos, 71, and his family will be frozen in 2010 owing to the country's economic downturn, according to an austere draft state budget tabled by Economy Minister Elena Salgado on Tuesday. The royal family...

Roadside bombs kill 36 civilians in Afghanistan.
September 30, 2009... A roadside bomb believed to have been planted on a road by Taliban militants struck a bus Tuesday in southern Afghanistan, killing 30 passengers and wounding 39 other civilians, officials said. Two other roadside bombs in eastern and southern...

Is government delivering?
September 30, 2009... In the last few months the government has been targeted for its incompetence to deliver to the public. Poor governance, delayed decision, lack of will to resolve issues confronting the poor man. Condemnable public behaviour of MNAs and MPAs,...

Monetary Policy Decision: September-October 2009.
September 30, 2009... Macroeconomic considerations and outlook that influence monetary policy decision depict a mix picture. While inflation (YoY) and balance of payment position has improved, fiscal and real sector performance remains tenuous. Domestic financial...

GOOD MORNING: Indo-Pak trust deficit and cricket madness.
September 30, 2009... Byline: NUSRAT NASARULLAH "For it is your business when the wall next door catches fire": Horace, Roman poet and satirist. Of course there is a Bollywood between India and Pakistan that sketches out a relationship of some elusive entertaining...

President Zardari's 'robust' economic package.
September 30, 2009... Byline: AZIZ-UD-DIN AHMAD Farhatullah Babar would make us believe that President Zardari achieved much more than was expected during his recent US visit. According to him the US aid bill addresses Pakistan's concerns, while there are other...

Higher education.
September 30, 2009... The government has fashioned an ambitious strategy aimed at achieving a knowledge- and technology-based economy through restructuring university-level education, with World Bank support. However, experts maintain that the capacity to adopt and...

Stuck in a groove.
September 30, 2009... The thawing of the snow between India and Pakistan is taking time. Despite the warm handshake, the Foreign Ministers of the neighbouring countries failed to fix a date for the resumption of the composite dialogue as they met on the sidelines of...

Economic ills: where are home-grown remedies?
September 30, 2009... Prime Minister Yousuf Raza Gilani, while talking to reporters after inaugurating a photographic exhibition on the sixtieth anniversary of Pakistan-China relations, clarified that the government does not fix the power or gas tariffs. That job, he...

CCP chairman to give overview of recent steps: Competition Consultative Group meeting on October 2.
September 30, 2009... Byline: IQBAL MIRZA The Chairman of Competition Commission of Pakistan (CCP), Khalid Mirza, will give a broad overview of the recent steps taken by the CCP at the seventh meeting of the Competition Consultative Group (CCG) to be held here on...

Economy showing signs of recovery: Fahim.
September 30, 2009... Byline: RECORDER REPORT Federal Commerce Minister Makhdoom Amin Fahim has said there are signs of improvement in the country's economy as the effects of global economic recession have started to disappear. He was talking to journalists after...

PSDP funds under utilised due to corruption: AGP.
September 30, 2009... Byline: RECORDER REPORT The Public Sector Development Programme (PSDP) funds are under utilised mainly because of the illegal practices and corruption in the public sector departments, which can only be eradicated by adopting multi-pronged...

Incident of chopping off ears, nose of kiln worker: DPO, SHO directed to appear before LHC today.
September 30, 2009... Byline: RECORDER REPORT Chief Justice of Lahore High Court, Khawaja Muhammad Sharif here, on Monday, has taken suo motu against an incident of chopping off ears and nose of a woman kiln worker in district Kasur . Chief Justice while summoning...

LDA confiscates 50 mortgaged plots of Venus Housing Scheme.
September 30, 2009... Byline: RECORDER REPORT The Lahore Development Authority (LDA) took over possession of some 50 mortgaged plots, covering an area of 82 Kanals, in Venus Housing Scheme, here on Tuesday. According to a spokesman of the LDA, these plots had been...

Growers for setting up commission to probe causes of cotton loss.
September 30, 2009... Byline: M RAFIQUE GORAYA Various bodies of farmers have accused Punjab Agriculture and Irrigation departments for 25 percent less cotton production than the target of 10 million bales during 2009-2010 Kharif season. They demanded institution...

CEC, Nawaz served notices.
September 30, 2009... Byline: RECORDER REPORT The Lahore High Court (LHC) here Tuesday issued notices to Chief Election Commission (CEC) and PML-N chief Mian Muhammad Nawaz Sharif for October 2 in a petition questioning the process of calling fresh nomination...

Transfers and postings in FBR.
September 30, 2009... The Federal Board of Revenue (FBR) has transferred and posted Aziz Ahmed Bilour, Member FBR (Grade-21), as FBR Member Facilitation and Taxpayer Education (FATE). According to a notification issued here on Tuesday, Ihsanul Haq (BS-21) Member FATE...

Use of cellphone during driving banned.
September 30, 2009... SSP Traffic Police Quetta Fakir Hussain has said that Quetta traffic police would take legal action and charge fine against those using cell phone during driving. According to a statement, he said that use of cell phone during driving had become...

Setting up of MNCs' outlets in Sunday, Friday bazaars proposed.
September 30, 2009... Byline: RECORDER REPORT Task force, formed to ensure availability of essential items of daily use at cheaper rates, has urged the government to make national and multi-national companies (MNCs) bound to sell their products in Sunday and...

Environment cell being set up in Fata Secretariat.
September 30, 2009... Byline: RECORDER REPORT The Ministry of Environment in collaboration with Fata Secretariat Peshawar is establishing an environment cell worth Rs 59.913 million in the Secretariat of which the ministry will provide 20 percent of the funds...