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US Dollar 59.9 60
Bahrain Dinar 158 158.1
Canadian $ 50.85 50.95
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Japanese Yen 0.508 0.51
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Last updated: Friday 23 Dec, 2005-12.30 P.M (PST)

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3 DAYS FORECAST
In oC

CITIES MIN MAX

HUM%

FOR.

KARACHI
Today 12 26 38 Sunny
Tomorrow 11 27 38 Sunny
Day after 11 28 38 Sunny
LAHORE
Today 1 20 87 Sunny
Tomorrow 2 20 87 Sunny
Day after 2 21 87 Sunny
ISLAMABAD
Today 0 18 59 Sunny
Tomorrow 0 18 59 Sunny
Day after 0 21 59 Sunny
HUM%: Humidity In %
FOR.: Weather Forecast
updated: Fri - Sun 23-25 Dec, 2005

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KARACHI         - 021 LAHORE          - 042 ISLAMABAD    - 051 FAISALABAD   - 041 MULTAN          - 061 PESHAWAR    - 0521 CANADA          - 1 KUWAIT           - 965 INDIA               - 91 IRAN                - 98 U.K                   - 44 U.A.E                - 971 U.S.A                - 1

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  DEPARTMENTS
 

IN THE NEWS
. INTERNATIONAL
. PAKISTAN
 

 

 

 

 
  ANNOUNCEMENT

Nov 28 - Dec 04, 2005

PAKTEL HOLDS SEMINAR ON MOBLIE PHONE THEFT ISSUE

Paktel Limited, the pioneer in mobile telephony in Pakistan, has taken the lead to address the increasingly menacing mobile phone theft issue by organizing the first ever seminar on the subject. The seminar held in Islamabad, sought active representation and participation of all stakeholders who are involved in the cellular mobile telephony sectors of the telecommunication industry in the country. It also discussed the regulatory safeguards that have to be put in place to deal successfully with the issue. Mr. Awais Ahmed Khan Leghari, Federal Minister for information Technology and Telecommunication, was the chief guest at the event.

The purpose of this seminar was to provide an opportunity to all individuals, agencies and organizations involved to discuss all relevant aspects of the mobile phone theft issue. The stakeholders included the government, the mobile phone operators, handset manufacturers, mobile phone vendors, the media and the users themselves. The participants discussed the regulatory safeguards which may be taken to cope with the issue and specifically the Electronic Information Register of EIR solution. It also discussed the measure adopted by different countries and the adoption of policy initiatives best suited to Pakistan.

MERCK MARKET LAUNCHES 2006 CALENDAR

Merck Marker, a subsidiary of German Merck KGaA, recently launched its 2006 Calendar at Mohatta Palace Museum. Merck Marker through its calendars strives to project a modern and soft image of Pakistan by supporting local art and has been doing so since 2003. The Merck Calendar has become part of a cultural wave-Better and more beautiful each year.

Merck decided that for the 2006 Calendar, glimpses of the diverse landscapes of all the regions of Pakistan expressed by different renowned painters should be highlighted.

S ASIAN MANAGEMENT FORUM ON DEC 9

Nutshell Forum will organize a two-day South Asian Management Forum (SAMF) at a local hotel on December 09 & 10, 2005. The aim of this conference is to carry out an in-depth discussion on issues such as Strategic Leadership, Technology & Globalization in South Asian region's perspective.

Speakers from India, Malaysia, Singapore, United States of America, Canada, United Kingdom, Sri Lanka, Nepal and Bangladesh will join their counterparts in Pakistan to deliberate and give their expert views during different technical sessions of this conference.

ALMURTAZA'S FASHION DIRECTORY

"Almurtaza Machinery Co. is publishing a Directory of Fashion Designers of Pakistan. This will be the first complete guide, and all interested fashion designers are requested to contact: Saif Ahmad, Almurtaza Machinery Co. at 021-4543060-65, Fax 021-4546555, E-mail asifrashid@almurtaza.com

BMA BULLISH ON PAKISTAN'S FERTILIZER INDUSTRY

BMA Capital, Pakistan's premier investment firm, has just issued a comprehensive report on Pakistan's fertilizer industry. The report, entitled "Harvesting Growth", presents a positive outlook for the fertilizer sector. The economic boom in the country has enabled impressive agricultural growth, putting pressure on domestic suppliers of fertilizer, with demand outstripping supply. As local producers scramble to maximise their production to meet the rising demand, BMA Capital feels that the sector is poised for continued growth.

BMA anticipates short to medium term fundamentals of the sector to remain strong and fertilizer demand drivers to remain highly positive. Agricultural growth over the past four years has had a CAGR of 4.1% per annum, with a 5% Year on Year (YoY) increase in area under cultivation, with much improved yields per hectare. Wheat and cotton support prices have been raised. Irrigation and water availability should improve after President Musharraf announced Rs. 64bn four-year program to brick-line 80,000 watercourses, which should cut water loss by 30% and conserve about 20 million acre feet (MAF) of water annually.

The GoP's approved Agri-credit disbursement target for FY06 now stands at Rs. 130 billion, and targets have been met by all the large providers to date. Thus Urea demand, which makes up 78% of local fertilizer demand, is expected to grow at 3% and Di-Ammonium Phosphate (DAP) demand expected to grow at 2.5% despite local urea and DAP prices rising with 5yr CAGREs of 5.4% and 9.8% respectively.

 
 

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