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May 13, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-01-14
Why discriminate between foreign and local investors?

Why discriminate between foreign and local investors?

The Central Board of Revenue announced its decision the other day to implement the proposal presented by the Finance Minister in his budget speech of 2003-2004, to allow a non-resident or foreign investor the facility to obtain advance ruling from the CBR
Published 14 Jan, 2004 12:00am
Anti-polio drive to start from January 20

Anti-polio drive to start from January 20

The next 3-day anti-polio national campaign would start from January 20. With a view to finalising the arrangements, a meeting of the District Polio Eradication Committee would be held on January 17, under the chairmanship of DCO Tahir Hussain, in his off
Published 14 Jan, 2004 12:00am
Five PML-N leaders get bail before arrest

Five PML-N leaders get bail before arrest

The Additional District and Sessions Judge, Faisalabad, Malik Mohammed Rafique has confirmed the bail before arrests of five PML (N) local leaders, including an MPA, who were booked in a case under Section 16-MPO by the Kotwali Police.
Published 14 Jan, 2004 12:00am
Expectations of improvement in Pak-India ties to be fulfilled

Expectations of improvement in Pak-India ties to be fulfilled

British Minister for Energy Stephen Timms has hoped the expectations of improvement in Pakistan-Indian relations, generated during the South Asian Association for Regional Co-operation (Saarc) would be fulfilled in the days ahead.
Published 14 Jan, 2004 12:00am
General Hyat assumes 5-Corps command

General Hyat assumes 5-Corps command

Lieutenant General Ahsan Saleem Hyat has assumed the command of 5-Corps. On arrival at the Corps Headquarters, he was presented salute by a smartly turned out guard of honour. Thereafter, the Corps Commander was introduced to the staff officers.
Published 14 Jan, 2004 12:00am
Tata condoles with Liaquat Jatoi

Tata condoles with Liaquat Jatoi

The President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Riaz Ahmed Tata has expressed his deep grief and sorrow on the sad demise of Abdul Hameed Jatoi, father of Liaquat Ali Jatoi, the Federal Minister for Industry and Production
Published 14 Jan, 2004 12:00am
Jamali attends Hameed Jatoi's Soyem

Jamali attends Hameed Jatoi's Soyem

Prime Minister Mir Zafarullah Khan Jamali has said that the late Abdul Hameed Khan Jatoi was a man of principle and added that his death had closed a chapter of pre-and post-partition politics in the area.
Published 14 Jan, 2004 12:00am
Sick unit

Sick unit

If appears that the CIRC has become totally insensitive to public consternation over their lack of progress in completing their assignment.
Published 14 Jan, 2004 12:00am
Textile quota ports exceed visa numbers

Textile quota ports exceed visa numbers

Despite the fact that most of the categories of the textile quotas to the European Union (EU), remained under-utilised the arrival at the ports of entry of member states is higher when compared with the export visas issued by the Export Promotion Bureau (
Published 14 Jan, 2004 12:00am
New machine bodes death for mad cow proteins

New machine bodes death for mad cow proteins

The bodies of dead cattle infected with mad cow disease are usually burned to destroy the misshapen proteins suspected of causing the brain-wasting ailment - although there are doubts whether this is safe, cost-effective or environmentally sound.
Published 14 Jan, 2004 12:00am
Advantages of single member companies

Advantages of single member companies

Now a 'sole proprietorship' can be transformed into a company, after the promulgation of the Single Member Companies, Rules, 2003 by the Securities and Exchange Commission of Pakistan on December 2, 2003, thus stretching the corporatisation phenomenon to
Published 14 Jan, 2004 12:00am
Railways to rehabilitate 101 engines by December

Railways to rehabilitate 101 engines by December

Pakistan Railways (PR) will complete the project of rehabilitation of 101 diesel electric engines by the end of current fiscal, while PR has already rehabilitated 100 diesel electric engines.
Published 14 Jan, 2004 12:00am
Measures for strengthening anti-terrorism law

Measures for strengthening anti-terrorism law

In an important step towards stamping out terrorism, the Federal Cabinet has approved amendments to the Anti-Terrorism Act, 1997, enhancing the minimum as well as maximum punishment for those found to have financed terrorism, also making it a non-bailable
Published 14 Jan, 2004 12:00am
KESC old meters being changed

KESC old meters being changed

The KESC has begun with renewed vigour its campaign to change the electricity meters of the consumers in the city.
Published 14 Jan, 2004 12:00am
Hearing put off

Hearing put off

The Lahore High Court (LHC) on Tuesday adjourned to January 19, the proceedings in some identical petitions filed by kite manufacturers and others against ban on kite flying.
Published 14 Jan, 2004 12:00am
KESC engineers asked to ensure sub-stations safety

KESC engineers asked to ensure sub-stations safety

Brigadier Javed Iqbal, head of Army Monitoring Teams (AMTs) working in aid of the Karachi Electric Supply Corporation (KESC), has directed the power company engineers to adopt necessary safety measures to protect KESC sub-stations from fire accidents.
Published 14 Jan, 2004 12:00am
Delay in issuance of Indian visas to Pakistani businessmen flayed

Delay in issuance of Indian visas to Pakistani businessmen flayed

Chaudhry Zaka Ashraf, former Chairman of Pakistan Sugar Mills Association and sitting Executive Committee Member LCCI, has said that undue delay in the issuance of visas to Pakistani businessmen by the Indian Embassy is causing problems for the business c
Published 14 Jan, 2004 12:00am
LCCI chief calls to encourage local investment

LCCI chief calls to encourage local investment

The number of inspecting agencies, its unending and unscheduled visits to industries, harassing attitude towards investors and high industrial input cost need to be curtailed to encourage local investment, said LCCI President Mian Anjum Nisar.
Published 14 Jan, 2004 12:00am
Askari Bank declares PLS profit rates

Askari Bank declares PLS profit rates

Askari Commercial Bank Limited has declared the following rates of profit on PLS deposits for the period of six months ended on December 31, 2003.
Published 14 Jan, 2004 12:00am
Sufficient wheat stocks available in Punjab

Sufficient wheat stocks available in Punjab

The Punjab government has decided to take stern action against the shopkeepers involved in sale of flour at higher price. In this connection necessary directions have been issued to all the District Co-ordination Officers (DCOs) of the province.
Published 14 Jan, 2004 12:00am
Whereabouts of missing minister still not known

Whereabouts of missing minister still not known

The provincial government and political administration have failed to trace the whereabouts of the missing Punjab minister, Naeemullah Shahani, who had disappeared from Miran Shah, headquarters of North Waziristan Agency, on Saturday.
Published 14 Jan, 2004 12:00am
Call to develop syllabus and curriculum on modern lines

Call to develop syllabus and curriculum on modern lines

Punjab Governor Lieutenant General Khalid Maqbool (Retd) was given a presentation on educational syllabus and curriculum at the Punjab University Mass Communication Department here on Tuesday.
Published 14 Jan, 2004 12:00am
Government decides to broaden scope of CIRC

Government decides to broaden scope of CIRC

Federal government has decided to broaden the scope of Corporate and Industrial Restructuring Corporation (CIRC), and draft amendment already approved by the cabinet in this regard will soon be presented in the parliament for its final approval.
Published 14 Jan, 2004 12:00am
Lahore High Court registrar

Lahore High Court registrar

The Chief Justice of the Lahore High Court has appointed District and Sessions Judge Dost Muhammad Malik as registrar Lahore High Court, who has taken charge of his office.
Published 14 Jan, 2004 12:00am
Lesco's line losses reduce

Lesco's line losses reduce

Line losses of Lahore Electric Supply Company (Lesco) have reduced to 12.2 percent in December 2003, as against 12.06 percent in December 2002.
Published 14 Jan, 2004 12:00am
Lesco chief visits Lahore Stock Exchange

Lesco chief visits Lahore Stock Exchange

Chief Executive Lahore Electricity Supply Company (Lesco) Muhammad Bashir Zahid visited the Lahore Stock Exchange and met with its Chief Executive Officer (CEO) Samir Ahmed here on Tuesday.
Published 14 Jan, 2004 12:00am
Motorola heads $2 billion of China tech orders

Motorola heads $2 billion of China tech orders

Motorola Inc and Lucent Technologies Inc will lead US and other companies on Tuesday in signing more than $2 billion of sales to China's top telecoms and computer firms, sources close to the deals said.
Published 14 Jan, 2004 12:00am
OECD lauds Turkey economic reform

OECD lauds Turkey economic reform

The head of the Organisation for Economic Co-operation and Development (OECD) on Tuesday praised Turkey's economic reforms, but said much remained to be done.
Published 14 Jan, 2004 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Zamzama East well declared successful

Zamzama East well declared successful

BHP Billiton on Tuesday announced here that its Zamzama east well's appraisal result has been a success. Earlier, its Zamzama north well was declared as successful project in June, 2003. Zamzama gas field is situated in Sindh.
Published 14 Jan, 2004 12:00am
Wapda to pay Rs 232 million to AJK by January 15

Wapda to pay Rs 232 million to AJK by January 15

Federal Minister for Water and Power Aftab Ahmed Khan Sherpao on Tuesday said the Water and Power Development Authority (Wapda) would pay second installment of Rs 232 million to Azad Jammu & Kashmir by January 15 following the payment of first installment
Published 14 Jan, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Sindh agri market committees to be auctioned

Sindh agri market committees to be auctioned

The Sindh government has decided to auction all the agriculture marketing committees in the province following massive financial irregularities, loot and corruption unearthed during a regional meeting resulting in suspension of over a dozen officials and
Published 14 Jan, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
37 killed in Uzbek plane crash

37 killed in Uzbek plane crash

A passenger plane crashed near the Uzbek capital of Tashkent on Tuesday, killing 37 people, the Itar-Tass news agency reported.
Published 14 Jan, 2004 12:00am
37 killed in Uzbek plane crash

37 killed in Uzbek plane crash

A passenger plane crashed near the Uzbek capital of Tashkent on Tuesday, killing 37 people, the Itar-Tass news agency reported.
Published 14 Jan, 2004 12:00am
Delhi rules out third-party mediation

Delhi rules out third-party mediation

India said on Tuesday that there was no scope for third-party role in the India-Pakistan bilateral issues in the past and also in the future.
Published 14 Jan, 2004 12:00am
Delhi rules out third-party mediation

Delhi rules out third-party mediation

India said on Tuesday that there was no scope for third-party role in the India-Pakistan bilateral issues in the past and also in the future.
Published 14 Jan, 2004 12:00am
Akash missile test-fired

Akash missile test-fired

India said on Tuesday it successfully test-fired its medium-range surface-to-air Akash (Sky) missile.
Published 14 Jan, 2004 12:00am
Akash missile test-fired

Akash missile test-fired

India said on Tuesday it successfully test-fired its medium-range surface-to-air Akash (Sky) missile.
Published 14 Jan, 2004 12:00am
KPT conducting desalination plants study

KPT conducting desalination plants study

The Federal Minister for Communications, Ahmad Ali said the Karachi Port Trust is conducting its own feasibility studies of two desalination plants to be constructed soon to benefit the city.
Published 14 Jan, 2004 12:00am
KPT conducting desalination plants study

KPT conducting desalination plants study

The Federal Minister for Communications, Ahmad Ali said the Karachi Port Trust is conducting its own feasibility studies of two desalination plants to be constructed soon to benefit the city.
Published 14 Jan, 2004 12:00am
Diesel may be imported from India

Diesel may be imported from India

Buoyed by peace initiatives between the two countries, Pakistan on Tuesday indicated willingness to import diesel from India.
Published 14 Jan, 2004 12:00am
Diesel may be imported from India

Diesel may be imported from India

Buoyed by peace initiatives between the two countries, Pakistan on Tuesday indicated willingness to import diesel from India.
Published 14 Jan, 2004 12:00am
Khatami threatens mass resignations

Khatami threatens mass resignations

Iranian President Mohammad Khatami warned on Tuesday that all reformist figures in the country, including him and his government, would resign unless powerful conservatives back down over barring thousands of reformers from standing in forthcoming parliam
Published 14 Jan, 2004 12:00am
Khatami threatens mass resignations

Khatami threatens mass resignations

Iranian President Mohammad Khatami warned on Tuesday that all reformist figures in the country, including him and his government, would resign unless powerful conservatives back down over barring thousands of reformers from standing in forthcoming parliam
Published 14 Jan, 2004 12:00am
Efforts expedited for recovery of minister: Faisal

Efforts expedited for recovery of minister: Faisal

Minister for Interior Makhdoom Faisal Saleh Hayat on Tuesday said that efforts to recover the Punjab Sports and Culture Minister Naeemullah Shahani have been expedited.
Published 14 Jan, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

NJLI Pen Fund Rates on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Reforms to continue: Prime Minister

Reforms to continue: Prime Minister

Prime Minister Mir Zafarullah Khan Jamali on Tuesday appreciated commitment of the United Kingdom to the reform programme of Pakistan in health, education, governance and other social sectors.
Published 14 Jan, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

NJLI Pen Fund Rates on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Benazir Bhutto involved in anti-state activities: Lalika

Benazir Bhutto involved in anti-state activities: Lalika

Minister for Labour and Manpower Abdul Sattar Lalika said on Tuesday that Benazir Bhutto is engaged in anti-state activities and issuing statements which clearly reflect her malicious agenda against the Government of Pakistan.
Published 14 Jan, 2004 12:00am
NJLI Pen Fund Rates

NJLI Pen Fund Rates

NJLI Pen Fund Rates on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Rashid invited to prayer breakfast in US

Rashid invited to prayer breakfast in US

The Congressional Committee of the United States has invited Information Minister Sheikh Rashid Ahmed to attend the 52nd National Prayer Breakfast being held in Washington on February 5.
Published 14 Jan, 2004 12:00am
Benn calls on Musharraf

Benn calls on Musharraf

British Secretary of International Development Hillary Benn called on President General Pervez Musharraf here on Tuesday.
Published 14 Jan, 2004 12:00am
Kasuri meets editors and columnists on January 14

Kasuri meets editors and columnists on January 14

Foreign Affairs Minister Khurshid Mahmood Kasuri will meet the editors of national and regional dailies and senior columnists here at lunch on January 14 at the State Guest House.
Published 14 Jan, 2004 12:00am
22 OGDCL workers to perform Haj

22 OGDCL workers to perform Haj

A Haj delegation comprising 22 staff members of Oil & Gas Development Company Limited (OGDCL) left Islamabad for Hijaz-e-Muqadas on January 13.
Published 14 Jan, 2004 12:00am
Senator Brohi calls on Soomro

Senator Brohi calls on Soomro

Dr Mohammad Ali Brohi called on Chairman Senate Mohammedmian Soomro here at his chamber on Tuesday.
Published 14 Jan, 2004 12:00am
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