News Archives for Print - 2004-02-15

Print - 2004-02-15

Palestinian Prime Minister urges US to reject Sharon Gaza plan

Palestinian Prime Minister Ahmed Qurie urged the United States on Saturday not to support a unilateral Israeli proposal to uproot most Jewish settlements from the Gaza Strip.

Published 15 Feb, 2004 12:00am

Blast disrupts gas supply to parts of Sindh and Punjab

Gas supply to parts of Sindh and Punjab was suspended following pipeline explosion in Goth Raza Muhammad Jhakrani, District Jacobabad.

Published 15 Feb, 2004 12:00am

Blast disrupts gas supply to parts of Sindh and Punjab

Gas supply to parts of Sindh and Punjab was suspended following pipeline explosion in Goth Raza Muhammad Jhakrani, District Jacobabad.

Published 15 Feb, 2004 12:00am

Government-PPPP deal reports termed 'misinformation campaign'

Alliance for Restoration of Democracy (ARD) Secretary General and Pakistan Muslim League (N) leader, Zafar Iqbal Jhagra on Saturday denied reports that PPPP wanted any 'deal' with the government.

Published 15 Feb, 2004 12:00am

Valentine's Day observed

The Valentine's Day was observed by a minority in the country, mostly those belonging to over-westernised families, following appeals by various religious bodies and organisations calling upon Muslim to refrain from celebrating the event.

Published 15 Feb, 2004 12:00am

Iesco plans incentives for national and multinational companies

Islamabad Electric Supply Company (Iesco) has planned incentives for national and multinational companies besides other small and medium entrepreneurs to promote their business/products through monthly electricity bills, Business Recorder reliably learnt

Published 15 Feb, 2004 12:00am

Senate body discusses misbehaviour with journalists

A meeting of the special committee constituted by Senate Chairman Mohammedmian Soomro to probe into the incident of misbehaviour with journalists by security personnel outside the Parliament House met in the Chamber of Senate Chairman here on Saturday.

Published 15 Feb, 2004 12:00am

Sajid Naqvi's release before Muharram demanded

Describing detention of Muttahida Majlis-i-Amal Vice President Allama Sajid Ali Naqvi as illegal, Central Shia Ulema Council on Saturday demanded his release before Muharramul Haram.

Published 15 Feb, 2004 12:00am

PML-N leader castigates government's attitude

PML-N Parliamentary Leader and Acting President of ARD Chaudhry Nisar Ali on Saturday sharply criticised what he called silence of the Musharraf administration over President Bush's threat against Pakistan's nuclear programme and India's massacre of Kashm

Published 15 Feb, 2004 12:00am

Computerised reservation at Karachi Cantt

Pakistan Railways (PR) administration has set-up biggest computerised reservation office of the country at Karachi Cantt railway station, says a spokesman of the PR here on Saturday.

Published 15 Feb, 2004 12:00am

Free medical camp in Lyari on February 15

For the first time in Pakistan an NGO, Ko-Ordination Group, a social welfare project of Kalia Group, in association with Institute of Mind Sciences, has planned a series of free medical camps for rural Sindh and down trodden areas of Karachi as a social s

Published 15 Feb, 2004 12:00am

SHC orders status quo in Thatta Cement case

Justice Mushir Alam of Sindh High Court ordered status quo in lawsuit filed by Star Cotton Corporation against the Privatisation Commission and others for ownership of Thatta Cement Company.

Published 15 Feb, 2004 12:00am

PTCL striving to provide latest telecom technology

Pakistan Telecommunication Company Limited (PTCL) chairman Akhter Ahmad Bajwa said the company is striving to provide latest telecom technologies to its customers.

Published 15 Feb, 2004 12:00am

Basant festival starts in Lahore: millions of rupees economic activities generated

The City of Lahore, which is described as cultural capital of Pakistan, has become hub of cultural activities, as celebrations in connection with 'Basant Night' has started, amid stringent security measures.

Published 15 Feb, 2004 12:00am

Punjab chief minister witnesses Horse & Cattle show rehearsal

Punjab Chief Minister Chaudhry Pervaiz Elahi on Saturday witnessed the full dress rehearsal of National Horse & Cattle show here at Fortress Stadium. Children presented national songs and displayed their skills.

Published 15 Feb, 2004 12:00am

Lalika's death condoled

Former Chairman Pakistan Sugar Mills Association and sitting Executive Committee Member of the Lahore Chamber of Commerce and Industry (LCCI), Chaudhry Zaka Ashraf has expressed his deep sorrow and grief over the sudden death of Federal Labour, Manpower a

Published 15 Feb, 2004 12:00am

PHF organises musical show

Pakistan Hockey Federation (PHF) organised a musical show here at Alhamra Cultural Complex on Saturday.

Published 15 Feb, 2004 12:00am

Police Order has reduced position of Nazims: Naimatullah

City Nazim Naimatullah Khan has said that Police Order 2002 had reduced the position of Nazims and according to this order a town police officer (TPO) though answerable to the Nazim, but on his enquiry the TPO was free to give answer in 45 days and Nazim

Published 15 Feb, 2004 12:00am

KESC undertakes major maintenance work

Before the advent of summer, the Karachi Electric Supply Corporation (KESC) has undertaken major maintenance work.

Published 15 Feb, 2004 12:00am

China to help Pakistan overcome damage caused by bird flu

China has allocated special fund to provide emergency aid to Pakistan and five other Asian countries to cover the damage caused by bird flu.

Published 15 Feb, 2004 12:00am

Trees contribute to clean environment: NWFP chief minister

Chief Minister NWFP Akram Khan Durrani said that trees and greenery greatly contribute to the clean environment and stressed plantation of more tress in the province.

Published 15 Feb, 2004 12:00am

NWFP governor hints at expansion of PSC

The NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) has hinted to take serious initiatives not only to further expand the strength and scope of provincial Public Service Commission (PSC) but also to allow it financial and administrative

Published 15 Feb, 2004 12:00am

Call to declare Swara & Vani non-cognisable offences

Swara and Vani are the pre-Islamic traditions and have no sanction of Islam, and such hateful practices must be declared non-cognizable offences.

Published 15 Feb, 2004 12:00am

Punjab Bank and Agrimall sign MoU for extending business loans

With a view to extend business loans to the franchise partners of Agrimall and crop production loans to farmers, Bank of Punjab (BoP) and Agrimall (Pvt) Limited have signed a Memorandum of Understanding (MoU) here on Saturday.

Published 15 Feb, 2004 12:00am

KUJ observes Demands Day

The Karachi Union of Journalists (KUJ) observed Demands Day on Saturday for the implementation of the Seventh Wage Board Award for newspaper workers without any further delay.

Published 15 Feb, 2004 12:00am

Secretaries Committee meeting postponed

The meeting of the Secretaries Committee that was convened for February 16 has been postponed.

Published 15 Feb, 2004 12:00am

Lahore High Court benches for next week

As many as 12 division benches and 27 single benches will work at the principal seat of the Lahore High Court (LHC) during the week commencing from Monday (February 16).

Published 15 Feb, 2004 12:00am

Statistical bodies of OIC region to share data

The fourth meeting of heads of National Statistical Organisations (NSOs) of OIC member countries, inaugurated by federal secretary, Statistics Division, Pakistan, was held here from February 11 to 13, on the theme of 'capacity building'.

Published 15 Feb, 2004 12:00am

ACBL in a position to take over Allied Bank

With a vast network of branches, Askari Commercial Bank Limited (ACBL) which is a matured bank is in a position to take over the Allied Bank Limited (ABL), which was for the sale by the State Bank of Pakistan (SBP).

Published 15 Feb, 2004 12:00am

Dr Azhar made JMDC dean

The Jinnah Medical and Dental College (JMDC) has announced the appointment of Dr Azhar Hussain as the dean and member, Board of Governors of the prestigious institution.

Published 15 Feb, 2004 12:00am

LHCBA announces support to ARD

The Lahore High Court Bar Association (LHCBA), while appreciating the struggle of the Alliance for Restoration of Democracy (ARD), has announced all-out support in its 'Musharraf Hatao-Pakistan Bachao' campaign.

Published 15 Feb, 2004 12:00am

Karachi Port Trust to upgrade shipping facilities

The Karachi Port Trust (KPT) has plans in hand for the upgradation of its large flotilla of tugs, pilot boats, hopper barges and dredges.

Published 15 Feb, 2004 12:00am

Export documents submission date for visa extended

The Export Promotion Bureau (EPB) has extended the last date for submission of 2003 export documents for issuance of export visa/licences and authentication of other quota transactions, including transfer deeds to February 21.

Published 15 Feb, 2004 12:00am

38 appointed as deputy district attorneys

On the recommendation of the Sindh Public Services Commission (SPSC) and with the approval of the appointing authority (Law Minister), as many as 38 candidates have been appointed as Deputy District Attorneys (BPS-17) in the Solicitor's Department, Govern

Published 15 Feb, 2004 12:00am

Three Supreme Court benches to work in Islamabad

Three full benches, including the first bench to be presided over by Chief Justice Nazim Hussain Siddiqui will work here on Monday and Tuesday while two full and one division bench will function for the remaining three days of next week.

Published 15 Feb, 2004 12:00am

Pakistan and India urged to jointly counter poverty, illiteracy

Former president of the London Chamber of Commerce and Industry and in UK Noon Group Chairman Sir Gulam Noon has called upon India and Pakistan to put an end to rat race of weaponisation so as to jointly counter the issues of poverty and illiteracy.

Published 15 Feb, 2004 12:00am

Piaf unhappy over poor fire-fighting arrangements

Pakistan Industrial & Traders Associations Front (Piaf) has expressed its concern over what it said insufficient arrangements of fire fighting in the shopping centres and industrial areas of the city.

Published 15 Feb, 2004 12:00am

PTDC to arrange tourist operators' visits to China

Pakistan Tourism Development Corporation (PTDC) will arrange visits of the country's tour operators to China for promoting tourism related activities between the two countries, Managing Director PTDC Malik Mohammad Habib Khan said on Saturday.

Published 15 Feb, 2004 12:00am

Prem Nath Bazaz's book 'Shadow of Ram Rajya' launched

A book entitled 'The Shadow of Ram Rajya oover India' has been launched This book is about post-Independence events in India.

Published 15 Feb, 2004 12:00am

Valentine's Day celebrated with fervour

Valentine's Day was celebrated here on Saturday like other parts of the country as well as rest of the world with fervour.

Published 15 Feb, 2004 12:00am

Bird flu drive termed brainchild of western media

Terming the bird flu campaign a brainchild of western media and an attempt to destroy the Pakistani poultry market, the Pakistan

Published 15 Feb, 2004 12:00am

Condolence

Ahsraf W Tabani, President of Employers' Federation of Pakistan, has expressed deep sorrow and grief over the sad and sudden demise of Abdul Sattar Lalika, Minister for Labour, Manpower & Overseas Pakistanis.

Published 15 Feb, 2004 12:00am

SMEs' participation in Textile City

The Union of Small & Medium Enterprises (Unisame), Karachi, has rightly expressed concern over the possibility of exclusion of its members from the proposed Textile City project.

Published 15 Feb, 2004 12:00am

Grappling with extremism

President General Pervez Musharraf continues to reiterate, and rightly so, that the government's efforts to "root out extremism and all kinds of terrorism from Pakistan's soil will continue," and that the country would not allow its soil to be used for an

Published 15 Feb, 2004 12:00am

Creation of knowledge in business schools

When American universities had initiated the degree programmes in business administration, the Europeans strongly opposed the idea with the views that the rules of business cannot be taught in academia; they can be learned in practice only.

Published 15 Feb, 2004 12:00am

Holy water quenches thirst of pilgrims

Shiite pilgrims carrying bottles or jugs swarm noisily through a narrow passageway to a modest yellow-brick house in the Iraqi town of Kufa, the site of Hazrat Ali's well.

Published 15 Feb, 2004 12:00am

Tajikistan's peace accord faltering

A 1997 peace accord that brought radical Islamic guerrillas into Tajikistan's government, seen as a model for volatile Central Asia, is faltering as former warlords complain at being pushed out of power.

Published 15 Feb, 2004 12:00am

Scientists' debriefing

One would like to refer to the front-paged news item on January 27 captioned 'Nuke proliferation probe progressing well'. Information Minister, Sheikh Rashid's substitution of the so-far used expression 'debriefing' with the word investigation comes as a

Published 15 Feb, 2004 12:00am

Dental health

I have read a letter published on February 13, 2004 written by Mohammad Yameen regarding tooth paste a health risk and agree with the contents of the letter.

Published 15 Feb, 2004 12:00am

Bonuses and dividend

I fully endorse the views expressed by Imran Rashid in his letter published in your esteemed column late last month on the bonus and dividend declared by the Adamjee Insurance Company.

Published 15 Feb, 2004 12:00am

Government to close down all substandard universities: Dr Atta

Minister in-charge of Science and Technology and Chairman Higher Education Commission Dr Atta-ur-Rehman has said that the government is committed to close down all substandard universities which have mushroomed at the cost of quality of education.

Published 15 Feb, 2004 12:00am

Two Sukkur union councils chosen as model literacy centres

The Steering Committee of Education System Reforms Assistance (Esra) has selected two union councils of Sukkur district as 'model literacy centres'.

Published 15 Feb, 2004 12:00am

12 new grid stations to be constructed in Karachi: Sherpao

Twelve new grid stations will be constructed in Karachi as part of Rs 13.6 billion developmental package for Karachi Electric Supply Company (KESC) already announced by the Federal Government.

Published 15 Feb, 2004 12:00am

Government decision to decrease car prices welcomed

People belonging to different shades of opinion have highly lauded the government announcement to decrease the prices of the cars and have expressed complete satisfaction.

Published 15 Feb, 2004 12:00am

PIA planning non-stop flights to US

Pakistan International Airlines plans to start direct flights from Pakistan to destinations in the United States after it gets two modern Boeing-777 aircraft by mid-March next.

Published 15 Feb, 2004 12:00am

Poverty reduction not merely matter of raising economic growth: World Bank

Poverty reduction is not merely a matter of raising economic growth, says Francois Bourguignon, senior vice president and chief economist at the World Bank, in an interview with Business Standard.

Published 15 Feb, 2004 12:00am

Faisal off to Zurich

Federal Interior and Narcotics Control Minister Makhdoom Syed Faisal Saleh Hayat left for Zurich on Saturday for one-week.

Published 15 Feb, 2004 12:00am

1,200 Sindh primary schools to be upgraded

Under the Decentralised Education Project (DEP) launched at a cost of Rs 5,880 million, 1,200 primary schools would be upgraded to middle-level within nine years, said Sindh Education Minister Irfanullah Marwat on Saturday.

Published 15 Feb, 2004 12:00am

Criminal cases to be registered against several government officials

Additional Director, Anti-Corruption Establishment, Multan Region, Syed Masood Ali Shah, on Saturday ordered registration of criminal cases against several government functionaries and private persons on charges of corruption.

Published 15 Feb, 2004 12:00am

Around 58 million saplings to be planted during spring season

Ministry of Environment has set a target to plant 58.620 million plants across the country during the current spring season.

Published 15 Feb, 2004 12:00am

Rallies in France against anti-headscarf law for schools

Hundreds of Muslims marching in Paris and other French cities Saturday to protest a new law banning Islamic headscarves and other religious insignia in schools threatened to show their discontent by voting against the government in regional elections next

Published 15 Feb, 2004 12:00am

UN appeals for safe passage of aid in Haiti

The United Nations appealed on Friday to the Haitian government and rebels who have staged a week-long revolt to guarantee safe passage to food and medicine deliveries to avert a humanitarian disaster.

Published 15 Feb, 2004 12:00am

Dozens injured in Bangladeshi anti-government strike

At least 40 people were injured Saturday when police clashed with demonstrators in an anti-government strike called by Bangladesh's main opposition party, witnesses said.

Published 15 Feb, 2004 12:00am

Dollar bounces back, helped by euro profit-taking

The dollar clawed back from early losses on Friday in volatile trade amid a wave of profit-taking in the euro after the single European currency hit a near-record high against the greenback.

Published 15 Feb, 2004 12:00am

Iran car maker to sue Turkey's Tofas

Iranian car maker Iran Khodro is demanding compensation from Turkey's Tofas, accusing it of a breach of contract in bowing to US pressure to pull out of a deal, the car maker's lawyers said on Saturday.

Published 15 Feb, 2004 12:00am

Mitsubishi Motors likely to post 100 billion yen loss

Japanese car maker Mitsubishi Motors Corp is likely to post a group operating loss of around 100 billion yen ($949.3 million) this year on poor sales of new cars in North America, a newspaper said on Saturday.

Published 15 Feb, 2004 12:00am

Germany's Ifo urges ECB forex action on euro

The European Central Bank should intervene to bring the euro below $1.20 by buying dollars, the head of Germany's Ifo institute was quoted as saying on Saturday.

Published 15 Feb, 2004 12:00am

Micro-lending Bangladesh meeting aims to extend credit to world's poorest

Some 1,400 delegates from around the world are set to assemble next week in the Bangladeshi capital, Dhaka, to devise new ways to extend credit to the globe's poorest people.

Published 15 Feb, 2004 12:00am

Egypt and Singapore to sign free trade pact

Egypt and Singapore will sign a free trade pact that will form "a bridge between Asia and the Middle East", Singaporean Prime Minister Goh Chok Tong said Saturday in Cairo.

Published 15 Feb, 2004 12:00am

Strike over privatisation stops Bangladeshi fuel supply

In a protest against plans to privatise oil distribution firms, about 10,000 lorry and tanker operators went on strike on Saturday, halting supplies of petroleum products from depots to filling stations.

Published 15 Feb, 2004 12:00am

IMF grants $5.2 million Senegal loan

The International Monetary Fund on Friday issued a $5.2 million line of credit to Senegal after approving a first review under a three-year loan program and urged it to step up electricity and groundnut sector reforms.

Published 15 Feb, 2004 12:00am

Kuwaiti minister welcomes Halliburton contract probe

Kuwait's energy minister Sheikh Ahmad al-Fahd al-Sabah on Saturday was quoted as saying he welcomes the formation of a parliamentary committee to probe a Kuwait Petroleum Corp (KPC) contract to supply US firm Halliburton with fuel for the US army in Iraq.

Published 15 Feb, 2004 12:00am

Investors study scandals to avoid future Parmalats

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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