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Print - 2004-01-17
Increasing unemployment and poverty

Increasing unemployment and poverty

The seventh report of the Mahbubul Haq Human Development Centre on "Human Development in South Asia 2003: the Employment Challenge" came out in Islamabad on Monday, confirming the assertions of many who have been saying that the incidence of unemployment
Published 17 Jan, 2004 12:00am
ITIF Asia 2004 opens on January 26

ITIF Asia 2004 opens on January 26

Massive representation of the textile sector of Pakistan is anticipated as Ali Machine Tool Company and Dawood Group textiles confirm participation for the International Trade & Industry Fair - ITIF Asia 2004 scheduled for January 26-28, 2004 at Karachi E
Published 17 Jan, 2004 12:00am
APFTU resents hike in oil prices

APFTU resents hike in oil prices

All Pakistan Federation of Trade Unions (APFTU) has expressed its concern over the recent increase in petroleum prices.
Published 17 Jan, 2004 12:00am
Majlis-i-Amal demands ban on kite flying

Majlis-i-Amal demands ban on kite flying

Muttahida Majlis-i-Amal (MMA) on Friday held a demonstration against the government decision of lifting ban on kite flying for one-month from January 20.
Published 17 Jan, 2004 12:00am
AIEA seeks LCCI help for resolving taxation issues

AIEA seeks LCCI help for resolving taxation issues

Atari Industrial Estate Association (AIEA) has asked the Lahore Chamber of Commerce and Industry (LCCI) leadership to resolve the taxation issues being faced by the 450 industries in the estate.
Published 17 Jan, 2004 12:00am
Verdict reserved

Verdict reserved

An accountability court on Friday reserved its verdict in a petition filed by Shaukat Ali Bhatti, a co-accused in a reference against industrialist, Seth Nisar Ahmad.
Published 17 Jan, 2004 12:00am
Mental disorder high among women

Mental disorder high among women

Cases of mental disorders among women in Pakistan is 2 to 3 times more as compared with the males mainly on account of early marriages, tussle in family relations, discriminatory laws and indifferent attitudes towards them.
Published 17 Jan, 2004 12:00am
Youth Theatre Festival starts

Youth Theatre Festival starts

The 4th Youth Theatre Festival being organised by Rafi Peer Theatre Workshop in collaboration with Shell Pakistan started here on Friday.
Published 17 Jan, 2004 12:00am
PPP leader criticises hike in oil prices

PPP leader criticises hike in oil prices

Qasim Zia, head of Pakistan People's Party Parliamentarian (PPPP) Punjab, and the Leader of Opposition in Punjab Assembly, has severally criticised recent hike in petroleum prices.
Published 17 Jan, 2004 12:00am
Petition against SBP admitted for regular hearing

Petition against SBP admitted for regular hearing

The Lahore High Court (LHC) admitted a petition for regular hearing against State Bank of Pakistan (SBP) for asking financial institutions to provide details of all those account holders who are getting profit of over Rs ten thousand.
Published 17 Jan, 2004 12:00am
Smeda moot on January 21

Smeda moot on January 21

The Small and Medium Enterprise Development Authority (Smeda) is going to hold a one-day conference on 'SME Development-the way forward' on Wednesday (January 21).
Published 17 Jan, 2004 12:00am
MoU signed for zero waste campaign

MoU signed for zero waste campaign

A Memorandum of Understanding (MoU) was signed among the Lahore City Government, World Wide Funds for Nature Pakistan (WWF-P) and Waste Busters for the running of a zero waste campaign in as many as 150 city government and private schools.
Published 17 Jan, 2004 12:00am
Cleanliness drive in Lahore from next month

Cleanliness drive in Lahore from next month

District Nazim Mian Amer Mahmood has directed for deploying more sanitary workers, increasing their working hours and washing major city roads with the help of fire brigade, during the special cleanliness drive to be launched the next month.
Published 17 Jan, 2004 12:00am
Business circles unhappy over hike in petroleum prices

Business circles unhappy over hike in petroleum prices

Business and industrial circles have strongly criticised further increase in the prices of petroleum products and termed the decision of the Oil Companies Advisory Committee (OCAC) as unjust.
Published 17 Jan, 2004 12:00am
Qazi announces mass contact drive against government policies

Qazi announces mass contact drive against government policies

Muttahida Majlis-i-Amal (MMA) Acting President and Jamaat-e-Islami Chief Qazi Hussain Ahmed has announced to start countrywide mass contact campaign against the government policy on Kashmir, bowing to international pressure for rolling back country's nucl
Published 17 Jan, 2004 12:00am
Seminar on 'After effects of Saarc Declaration'

Seminar on 'After effects of Saarc Declaration'

Punjab Governor Lieutenant General Khalid Maqbool (Retd) will be the chief guest at a seminar 'After effects of Saarc Declaration' being held at a local hotel on January 17.
Published 17 Jan, 2004 12:00am
Hearing put off

Hearing put off

A division bench of the Lahore High Court (LHC) on Friday adjourned to January 21, the proceedings in an election petition filed by Haroon Akhtar against Sheikh Amjad Aziz MPA for arguments on the maintainability of the petition.
Published 17 Jan, 2004 12:00am
Collective marriage of 50 girls

Collective marriage of 50 girls

Punjab Governor Lieutenant General Khalid Maqbool (Retd) will host a ceremony of collective marriage of 50 girls from weak economic strata at Governor House on Sunday.
Published 17 Jan, 2004 12:00am
Resort at Wagha soon

Resort at Wagha soon

An international standard resort would be constructed at Wagha to facilitate the foreign tourists, in which lodges and car-parking facilities would be provided.
Published 17 Jan, 2004 12:00am
BRIDGE NOTES: A defence par excellence defeats a slam

BRIDGE NOTES: A defence par excellence defeats a slam

The game of bridge offers almost limitless scope for analyzing deals that have been played or that have been cast up to explain certain points of interest in bidding, play and defence. There are hundreds of exponents, experts and knowledgeable commentator
Published 17 Jan, 2004 12:00am
Patwari's petition disposed of

Patwari's petition disposed of

The Lahore High Court (LHC) has disposed of a petition filed by Khizer Hayat Patwari challenging his termination from service.
Published 17 Jan, 2004 12:00am
TELEVIEWER: The art of interviewing

TELEVIEWER: The art of interviewing

The 12th Saarc Summit dominated the telecasts of all TV channels from the public as well as private sectors in Pakistan last week, which provided extensive coverage to the historic (January 4-6) international moot that took place at Islamabad.
Published 17 Jan, 2004 12:00am
PSMA team may meet Shaukat on January 17

PSMA team may meet Shaukat on January 17

A Pakistan Sugar Mills Association (PSMA) delegation is likely to meet Finance Minister Shaukat Aziz in Islamabad on Saturday (January 17) to apprise him of the serious situation the sugar industry is passing through.
Published 17 Jan, 2004 12:00am
SPORTS WORLD: Kiwis avenge 5-0 clean sweep in style

SPORTS WORLD: Kiwis avenge 5-0 clean sweep in style

New Zealand have put an end to the winning spree of Pakistan in the One-day Internationals (ODI) when they made short work of the visitors for a paltry 126 in the fourth one-dayer, winning the series 3-1 at Napier on Wednesday. They made easefully reached
Published 17 Jan, 2004 12:00am
MoST launches Rs 27 million study project

MoST launches Rs 27 million study project

The Ministry of Science and Technology (MoST) launched a project worth Rs 27 million here on Friday for 'Impact Assessment of Sewerage and Industrial Effluents on Human Health, Water Resources and Agricultural Productivity'.
Published 17 Jan, 2004 12:00am
SPORTS WORLD: Pakistan's woeful stumble in NZ

SPORTS WORLD: Pakistan's woeful stumble in NZ

Any hope of Pakistan measuring strength with India on equal terms in the upcoming series evaporated when their batsmen gave an insipid and inane performance and capitulated to the New Zealand outfit at Napier by eight wickets to hand over the series to th
Published 17 Jan, 2004 12:00am
Gwadar port Phase II work to start soon with Chinese help

Gwadar port Phase II work to start soon with Chinese help

"China is extending co-operation to Pakistan government in various mega projects including Gwadar deep-sea port, Phase-I of which has successfully been completed and the work of Phase-II would start soon. Commendable quality work is being done, both by Ch
Published 17 Jan, 2004 12:00am
Role of computers in present day life

Role of computers in present day life

Computers, internet, e-mails, faxes, scanners - : What are these devices and why are these modern day electronic monsters such rapidly spreading like a worm influencing our lives and taking over our minds? Well this is a question that makes us ponder over
Published 17 Jan, 2004 12:00am
The IPR infringement - reasons, control and suggestions

The IPR infringement - reasons, control and suggestions

The Overseas Investors Chamber of Commerce and Industry has estimated that infringement of the intellectual property rights causes Rs 7.5 billion loss to the government revenue and pushes more than 31,194 persons out of jobs annually. Other sectors such a
Published 17 Jan, 2004 12:00am
Court order sought to declare Tata as lawful FPCCI chief

Court order sought to declare Tata as lawful FPCCI chief

A case has been filed in Sindh High Court by Asghar A. Morawala, member, managing committee, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), seeking declaration that Riaz Ahmed Tata is the lawful President of FPCCI.
Published 17 Jan, 2004 12:00am
LAHORE CULTURAL DIARY: VIPs Visit Cultural Capital of Pakistan

LAHORE CULTURAL DIARY: VIPs Visit Cultural Capital of Pakistan

The visit to Lahore by VIPs, group exhibition of paintings, an exhibition of Bangladeshi artists and a memorial reference for poet Qateel Shafai were the main highlights of cultural activities in Lahore during the week under review.
Published 17 Jan, 2004 12:00am
Inflows and outflows of water

Inflows and outflows of water

The position of water inflows/outflows at Mangla and Tarbela along with the reservoir levels and the barrages at 6 a.m. on Friday.
Published 17 Jan, 2004 12:00am
The legendary playwright Agha Hashr

The legendary playwright Agha Hashr

When a cultivated and knowledgeable drama buff thinks of theatre he is immediately reminded of ancient Greece, where drama/theatre used to be a great pastime. The statue of Dionysus, the god of wine, used to be carried through the streets of Athens leadin
Published 17 Jan, 2004 12:00am
Investor's information session on January 19

Investor's information session on January 19

Islamabad Stock Exchange (ISE) would hold an investor's information session here on January 19 to educate the general public on the concept of buying/selling of shares at the stock exchange.
Published 17 Jan, 2004 12:00am
Creative writing opens many avenues in job markets

Creative writing opens many avenues in job markets

Proficiency in creative writing is becoming a tool for gaining higher positions in the corporate sector. Generally the chief executives of multi-national companies, and some of the local companies of big size who have made their systems of governance rese
Published 17 Jan, 2004 12:00am
Pending sales tax refund claims, assurance to Plgmea

Pending sales tax refund claims, assurance to Plgmea

The Collector of Sales Tax Enforcement has said that all pending sales tax refund claims of the members of Pakistan Leather Garments Manufacturers and Exporters Association (Plgmea) would be cleared before Eid-ul-Azha.
Published 17 Jan, 2004 12:00am
CURRENT TOPICS: The hatchet blunted - not buried

CURRENT TOPICS: The hatchet blunted - not buried

In the case of India-Pakistan the tide was late in coming but finally it arrived. Fortunately leaders of the calibre of Vajpayee and Musharraf were available to seize it at the flood and sweep away the flotsam and jetsam of distrust, doubts and suspicions
Published 17 Jan, 2004 12:00am
World Bank team studying factors hampering investment

World Bank team studying factors hampering investment

World Bank Foreign Investment Advisory Service Mission Senior Consultant Sheri A Pitigala said here on Friday that the mission would submit its draft report on bottlenecks hindering investment in Pakistan and proposed solutions to these bottlenecks to Wor
Published 17 Jan, 2004 12:00am
The insensitive society and the curse of women killing, child abuse

The insensitive society and the curse of women killing, child abuse

Research and Publication Centre of Madadgar (Link) has collected and published figures of selected categories of crimes that are reflective of brutalities women and children put up with, yield to its perpetration and stoically endure its consequences.
Published 17 Jan, 2004 12:00am
Maximum health facilities to all promised

Maximum health facilities to all promised

The government has adopted a comprehensive strategy for providing maximum health facilities to all sections of people from the union council level to the backward areas so that the poor people could get benefit near their homes.
Published 17 Jan, 2004 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 17 Jan, 2004 12:00am
The Weather

The Weather

The weather report of Friday (January 16) and the forecast for Saturday (January 17, 2004).
Published 17 Jan, 2004 12:00am
Jamali vows to uphold freedom of expression

Jamali vows to uphold freedom of expression

Prime Minister Mir Zafarullah Khan Jamali has reiterated the government's commitment to uphold freedom of expression in the country, as it constitutes one of the fundamental rights of the people.
Published 17 Jan, 2004 12:00am
Christian leaders condemn bomb blast in Karachi

Christian leaders condemn bomb blast in Karachi

Justice and Peace Commission of Pakistan has expressed its concern on the two bomb blasts in front of bible society and trinity Church describing it an indication of growing incidents of terrorism which are developing sense of insecurity among the minorit
Published 17 Jan, 2004 12:00am
Former minister allowed to go abroad for 10 days

Former minister allowed to go abroad for 10 days

Justice M Javed Buttar of the Lahore High Court (LHC) on Friday allowed ex-federal minister Ahmad Nukhtar to go abroad for 10 days on a petition seeking exclusion of his name from Exit Control List (ECL).
Published 17 Jan, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (January 16, 2004)
Published 17 Jan, 2004 12:00am
India offers concession to Pakistan on Kashmir

India offers concession to Pakistan on Kashmir

India offered concession to Pakistan on Kashmir as was indicated by the joint statement issued in Islamabad following the meeting between President General Pervez Musharraf and Indian Prime Minister Atal Behari Vajpayee early this month, said The Economis
Published 17 Jan, 2004 12:00am
Nawabzada Saeed dies

Nawabzada Saeed dies

Nawabzada Nasrullah Khan's younger brother Nawabzada Saeed Ullah Khan died here on Friday after protracted illness.
Published 17 Jan, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (January 16, 2004).
Published 17 Jan, 2004 12:00am
Karachi bomb blast condemned

Karachi bomb blast condemned

The government is committed to root out the menace of terrorism from the society, said Federal Parliamentary Secretary, Ministry of Interior, Sardar Mohammad Sanaullah Khan Masti Khail.
Published 17 Jan, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (January 16, 2004).
Published 17 Jan, 2004 12:00am
Multan dry port handles exports worth Rs 7 billion in 2003

Multan dry port handles exports worth Rs 7 billion in 2003

Khawaja Muhammad Jalaluddin Roomi, vice-chairman of Multan Dry Port Trust, has said that this dry port is progressing by leaps and bounds and exports worth Rs 7 billion were handled by it during the year 2003.
Published 17 Jan, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (January 16, 2004).
Published 17 Jan, 2004 12:00am
UK-AJK co-operation to usher in new era of quality studies

UK-AJK co-operation to usher in new era of quality studies

The exchange of bilateral co-operation and friendship linkage in the field of education between the educational institutions of Britain and Azad Jammu Kashmir will usher in the new era of the extension of quality studies in the educational institutions of
Published 17 Jan, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday remain as under.
Published 17 Jan, 2004 12:00am
Transporters meeting on January 17

Transporters meeting on January 17

The Karachi Transport Ittehad, an alliance of 15 transport owners` associations, has convened an emergent meeting on January 17 to decide about the wheel-jam strike in view of further increase in fuel prices.
Published 17 Jan, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (January 16, 2004).
Published 17 Jan, 2004 12:00am
Shabir hopes peace talks to lead Kashmir solution

Shabir hopes peace talks to lead Kashmir solution

The head of Jammu and Kashmir Democratic Freedom Party, Shabir Ahmed Shah has expressed the confidence that India-Pakistan peace efforts will lead to durable solution of Kashmir issue.
Published 17 Jan, 2004 12:00am
US pledges to work with Pakistan and India for promoting peace

US pledges to work with Pakistan and India for promoting peace

The United States said on Thursday since it had good relations with both Pakistan and India, it had been in contact with them, saying of peace process that "we have tried to encourage that," but added it could not be called a US mediation.
Published 17 Jan, 2004 12:00am
Baitul Mal disburses over Rs 6.863 billion

Baitul Mal disburses over Rs 6.863 billion

Pakistan Baitul Mal (PBM) an autonomous body working under the umbrella of Ministry of Women's Development, Social Welfare and Special Education has disbursed Rs 6.863 billion among the deserving people through its Food Support Programme (FSP).Giving deta
Published 17 Jan, 2004 12:00am
China to help set up high-tech park in Pakistan

China to help set up high-tech park in Pakistan

China Torch Center, a department of Ministry of Science and Technology here has agreed to help set up a high-tech park in Pakistan for economic development and industrialisation.
Published 17 Jan, 2004 12:00am
Dewan launches 'Grand Sportage'

Dewan launches 'Grand Sportage'

The year 2004 for Dewan Farooque Motors Limited started off on a powerful note with the launching of the new 'Grand Sportage'.
Published 17 Jan, 2004 12:00am
Modaraba: AL-ZAMIN LEASING MODARABA - Year Ended 30-06-2003

Modaraba: AL-ZAMIN LEASING MODARABA - Year Ended 30-06-2003

During the year under review, one would agree that Al-Zamin's performance has been rather impressive. It has been able to achieve fresh disbursements of lease contracts amounting to Rs 594 million during the financial year under review compared to the dis
Published 17 Jan, 2004 12:00am
FBISE clarification on exam centres

FBISE clarification on exam centres

Federal Board of Intermediate and Secondary Education (FBISE), Islamabad has clarified the reports published in a section of press that the Board is setting up examination centres outside the cities, away from the school and colleges where the students ar
Published 17 Jan, 2004 12:00am
Modaraba: AL-ZAMIN LEASING MODARABA - Year Ended 30-06-2003

Modaraba: AL-ZAMIN LEASING MODARABA - Year Ended 30-06-2003

During the year under review, one would agree that Al-Zamin's performance has been rather impressive. It has been able to achieve fresh disbursements of lease contracts amounting to Rs 594 million during the financial year under review compared to the dis
Published 17 Jan, 2004 12:00am
Advertisers told to pay fee to Union Council

Advertisers told to pay fee to Union Council

A division bench of High Court of Sindh (SHC), comprising Justice Anwar Zaheer Jamali and Justice S. Ali Aslam Jaffery, on Friday directed petitioner, Out Door Advertisers Association, to pay fee to Union Council-2 of Gulshan-e-Iqbal Town.
Published 17 Jan, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (January 16, 2004).
Published 17 Jan, 2004 12:00am
Seminar adopts recommendations to solve water problem

Seminar adopts recommendations to solve water problem

A two-day seminar "Environmental, Social and Cultural Impact of Water Scarcity in Sindh" concluded here on Friday after unanimously approving eleven recommendations to resolve water problem in the province.
Published 17 Jan, 2004 12:00am
COT facility in OGDC from January 19

COT facility in OGDC from January 19

The Securities and Exchange Commission of Pakistan (SECP) has allowed inclusion of Oil and Gas Development Company (OGDC) in the list of Carry Over Transaction (COT) eligible securities from January 19, 2004 (Monday).
Published 17 Jan, 2004 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Friday (January 16, 2004).
Published 17 Jan, 2004 12:00am
Banks provide 33 percent more credit to farm sector

Banks provide 33 percent more credit to farm sector

In the first six months of the current fiscal year banks have provided 33 percent more credits to agriculture sector. They also disbursed 95 percent more credits for tractors.
Published 17 Jan, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 17 Jan, 2004 12:00am
Sindh governor assures security to Christians

Sindh governor assures security to Christians

Sindh Governor Dr Ishrat-ul-Ibad Khan has said that preliminary evidence and investigation show that the Christian community or their institutions were not the target of act of terrorism at Fatima Jinnah Road on Thursday afternoon.
Published 17 Jan, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 17 Jan, 2004 12:00am
No breakthrough yet in Saddar blast probe

No breakthrough yet in Saddar blast probe

The city police has not made any breakthrough or found any clue to Thursday's bomb blast in Saddar, police sources said on Friday.
Published 17 Jan, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Published 17 Jan, 2004 12:00am
AKESP seminar on January 17

AKESP seminar on January 17

The Aga Khan Education Service, Pakistan (AKESP) is organising a seminar on quality advancement through institutional development (QuAID) at the Carlton Hotel, Karachi on Saturday.
Published 17 Jan, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (January 16, 2004).
Published 17 Jan, 2004 12:00am
Drip irrigation system to help economise water use

Drip irrigation system to help economise water use

Sindh Food and Agriculture Minister Arif Mustafa Jatoi has said that the adoption of drip irrigation system would help in economising on the use of water in arid zones and water shortage areas.
Published 17 Jan, 2004 12:00am
NAB working within legal parameters

NAB working within legal parameters

An official spokesman of the National Accountability Bureau (NAB) has clarified a news, item about the role of NAB, stating that the Bureau continues to function as apex anti-corruption body of the country within the legally established parameters in acco
Published 17 Jan, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 17 Jan, 2004 12:00am
Institutions urged to conduct research for viable courses

Institutions urged to conduct research for viable courses

Former Federal Secretary Education and leading educationist, S M Qureshi has called upon the management of private institutions to carryout market research and find out its absorbing capacity for fresh business management graduates before offering more bu
Published 17 Jan, 2004 12:00am
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