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Print - 2004-02-25
Longest-serving Seychelles leader bows out

Longest-serving Seychelles leader bows out

Seychelles president Albert Rene, one of Africa's longest-serving rulers, announced his retirement as head of state on Tuesday after dominating the island's politics for almost three decades.
Published 25 Feb, 2004 12:00am
Rumsfeld warns Uzbekistan on human rights

Rumsfeld warns Uzbekistan on human rights

US Defence Secretary Donald Rumsfeld warned Uzbekistan on Tuesday that it needed more than shared military interests for good relations with Washington, which welcomed a rare concession on human rights by Tashkent.
Published 25 Feb, 2004 12:00am
CIA had hijacker name and number before September 11

CIA had hijacker name and number before September 11

The Central Intelligence Agency (CIA) was given the first name and telephone number of one of the September 11 hijackers two and a half years before the attacks on New York and Washington, according to a Tuesday report in the New York Times.
Published 25 Feb, 2004 12:00am
Iran hits back at criticism over elections

Iran hits back at criticism over elections

Iran angrily hit back Tuesday at international criticism of its parliamentary polls, won by religious conservatives after most candidates in the Islamic republic's pro-reform camp were barred from standing.
Published 25 Feb, 2004 12:00am
Iran's first vice President due in March

Iran's first vice President due in March

Iran's First Vice-President Mohammad Reza Aref will pay a three-day visit to Pakistan in the first week of March for talks with President Pervez Musharraf and Prime Minister Zafarullah Khan Jamali.
Published 25 Feb, 2004 12:00am
Training workshop on WTO held

Training workshop on WTO held

A one-day training workshop on "WTO and its implications on surgical, sports and leather industry" was held at Sialkot Chamber of Commerce and Industry (SCCI) here on Tuesday.
Published 25 Feb, 2004 12:00am
Surgical training school to be set up in Sialkot

Surgical training school to be set up in Sialkot

A surgical training school would be established shortly in Sialkot for providing skilled work-force for capacity building and up-gradation of surgical industry of Sialkot enabling it to cope and compete global markets easily.
Published 25 Feb, 2004 12:00am
Red Cross Society's performance highlighted

Red Cross Society's performance highlighted

Facilities of medical treatment were provided to a total number of 2345 patients last year by the different dispensaries and health centres functioning under the arrangement of Red Crescent Society, Faisalabad.
Published 25 Feb, 2004 12:00am
Newspaper worker hurt in explosion

Newspaper worker hurt in explosion

An employee of Daily Jang was injured and a passer-by fell unconscious when an explosive device went off outside Jang building here on Tuesday.
Published 25 Feb, 2004 12:00am
Tobacco growers to get loans

Tobacco growers to get loans

The State Bank (SBP) has directed all commercial banks to provide agriculture production loans to the tobacco growers against the agreement executed with them by the tobacco companies.
Published 25 Feb, 2004 12:00am
'3.5 billion cubic feet gas being consumed per day'

'3.5 billion cubic feet gas being consumed per day'

About 3.5 billion cubic feet of natural gas is being consumed by industrial, commercial and domestic consumers daily across the country, Secretary Petroleum and Natural Resources, M. Abdullah Yusuf said on Tuesday.
Published 25 Feb, 2004 12:00am
Property tax relief on 3-marla houses in NWFP shortly

Property tax relief on 3-marla houses in NWFP shortly

NWFP Assembly Speaker Bakht Jehan Khan has said the provincial government has started serious work on the implementation of unanimously resolution regarding exemption of three-marla houses from the property tax.
Published 25 Feb, 2004 12:00am
Khawar files petitions

Khawar files petitions

Journalist Khawar Mehdi Rizvi filed two petitions in the Anti Terrorist Court (ATC) against his case of treason here on Tuesday.
Published 25 Feb, 2004 12:00am
Desecration of Pakistani flag

Desecration of Pakistani flag

Flags have been used since ancient times. They had a religious significance that persisted historically.
Published 25 Feb, 2004 12:00am
US Middle East democracy plan riles Arabs

US Middle East democracy plan riles Arabs

A US master plan for the democratisation and economic liberalisation of the Middle East is riling Arabs who fear direct meddling in their affairs.
Published 25 Feb, 2004 12:00am
Shareholders' activism in corporate governance

Shareholders' activism in corporate governance

While so much discussion is being held world-wide to improve the corporate governance after the sudden collapse of major industrial and commercial giants, like Enron, Marconi and others, very little and slow progress is being made to improve the process o
Published 25 Feb, 2004 12:00am
Laudable goals

Laudable goals

There being a lot of similarities in the judicial systems of the SAARC countries, the joint declaration issued at the end of the SAARC chief justices conference in Karachi on Sunday expressed the resolve to address many of the common issues.
Published 25 Feb, 2004 12:00am
Promoting good governance through IT

Promoting good governance through IT

It is indeed a matter of satisfaction that although Pakistan started out late to join the Information Technology revolution, it has made appreciable progress in the field.
Published 25 Feb, 2004 12:00am
KSE chief greets Dr Hafeez

KSE chief greets Dr Hafeez

Karachi Stock Exchange (KSE) Board Chairman Arif Habib congratulated Federal Minister for Privatisation and Investment and Privatisation Commission Dr Abdul Hafeez Sheikh on the overwhelming response to the public offer of the government holding of shares
Published 25 Feb, 2004 12:00am
No bird flu in Punjab reported: minister

No bird flu in Punjab reported: minister

Punjab Minister for Livestock and Dairy Development, Syed Haroon Sultan Bokhari has categorically said that bird flu virus was not found in any part of the province.
Published 25 Feb, 2004 12:00am
Workshop held to launch scientific digital library

Workshop held to launch scientific digital library

Keeping in view the increasing access to scientific literature for institutions in Pakistan, the Higher Education Commission (HEC) has announced to launch the National Digital Library programme.
Published 25 Feb, 2004 12:00am
Better medical facilities to prisoners ordered

Better medical facilities to prisoners ordered

Punjab Chief Minister, Chaudhry Pervaiz Ellahi has directed the concerned circles to make sure the immediate appointments of the doctors in different jails of the province, in order to provide better medical facilities to the inmates.
Published 25 Feb, 2004 12:00am
Heart diseases on rise in Pakistan: experts

Heart diseases on rise in Pakistan: experts

Medical experts, while expressing their grave concern over alarming increase in the coronary disease both in urban and rural areas of the country, have called for launching vigorous awareness drive to compel the people to lead their lives in a simple way
Published 25 Feb, 2004 12:00am
PPA seminar

PPA seminar

Pakistan Poultry Association (PPA), Punjab Zone, is organising a seminar on the topic of "Overview of the Poultry Industry & Bird Flu in Pakistan" here on Wednesday (February 25).
Published 25 Feb, 2004 12:00am
LHC rejects Major Islam's plea for FIR copy

LHC rejects Major Islam's plea for FIR copy

The Deputy Registrar of Lahore High Court, Rawalpindi bench, has rejected the application regarding the opening of the first information report (FIR) filed against Major Islam-ul-Haq (retd), former Principal Staff Officer of nuclear scientist, Dr A Q Khan
Published 25 Feb, 2004 12:00am
Lahore High Court's directives

Lahore High Court's directives

The Lahore High Court (LHC) on Tuesday directed superintendent Kot Lakhpat jail to arrange medical examination of mentally ill Nisar Ahmed and also produce him before the court on Thursday, February 26.
Published 25 Feb, 2004 12:00am
Arrangements for South Asian Management Forum reviewed

Arrangements for South Asian Management Forum reviewed

The members of the steering committee of the Association of Management Development Institutions in Pakistan (AMDIP) in a meeting here on Tuesday reviewed the arrangements for 8th South Asian Management Forum 2004 to be held at the Lahore University of Man
Published 25 Feb, 2004 12:00am
Holidays cancelled

Holidays cancelled

During Ashura Muharram, Lahore General Hospital (LGH) has cancelled holidays of its staff and at the same time special arrangements have been made to cater emergency cases.
Published 25 Feb, 2004 12:00am
OGDC profit may rise by 11 percent in second quarter

OGDC profit may rise by 11 percent in second quarter

Oil & Gas Development Co profit in the second quarter of current fiscal year might show a rise of 11 percent compared with first quarter because of boost in production and rise in crude oil prices.
Published 25 Feb, 2004 12:00am
OGDC profit may rise by 11 percent in second quarter

OGDC profit may rise by 11 percent in second quarter

Oil & Gas Development Co profit in the second quarter of current fiscal year might show a rise of 11 percent compared with first quarter because of boost in production and rise in crude oil prices.
Published 25 Feb, 2004 12:00am
Russian Center resumes its activities

Russian Center resumes its activities

The Russian Center of Science and Culture in Karachi which is known as the Friendship House has resumed its activities.
Published 25 Feb, 2004 12:00am
The Weather

The Weather

The weather report of Tuesday (February 24) and the forecast for Wednesday (February 25, 2004).
Published 25 Feb, 2004 12:00am
Oman donates Rs 231.41 million for setting up IT chairs

Oman donates Rs 231.41 million for setting up IT chairs

Ambassador of Sultanate of Oman to Pakistan, Salim Mohammad Ali Wahaibi on Tuesday handed over a cheque worth Rs 231.41 million, as a grant to Pakistan for setting up Sultan Qaboos IT chairs in two leading engineering universities of the country.
Published 25 Feb, 2004 12:00am
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Monday.
Published 25 Feb, 2004 12:00am
Picic pays 62.5 percent dividend in 18 months

Picic pays 62.5 percent dividend in 18 months

Pakistan Industrial Credit and Investment Corporation (Picic) during the period of 18 months ended on December 31, 2003, paid total dividend of 62.5 percent to its share holders.
Published 25 Feb, 2004 12:00am
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Monday.
Published 25 Feb, 2004 12:00am
Picic pays 62.5 percent dividend in 18 months

Picic pays 62.5 percent dividend in 18 months

Pakistan Industrial Credit and Investment Corporation (Picic) during the period of 18 months ended on December 31, 2003, paid total dividend of 62.5 percent to its share holders.
Published 25 Feb, 2004 12:00am
KCAG concerned over not shifting cargo to off-dock terminals

KCAG concerned over not shifting cargo to off-dock terminals

The Karachi Customs Agents Group (KCAG) has said that some shipping companies operating at Port Qasim were not shifting containers to the off-dock terminals under the pretext that the Collectorate of Port Muhammad Bin Qasim is not allowing shifting of the
Published 25 Feb, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT on Tuesday (February 24, 2004)
Published 25 Feb, 2004 12:00am
CDGK to lay network of flyovers and underpasses

CDGK to lay network of flyovers and underpasses

In line with the modern traffic/road infrastructure of international standard the CDGK has decided to lay a network of flyovers and under-bypasses to ease out the aggravating traffic congestion in the city.
Published 25 Feb, 2004 12:00am
Lati advised to identify areas for 'Karachi Package'

Lati advised to identify areas for 'Karachi Package'

Tariq Iqbal Puri, Vice-Chairman, Export Promotion Bureau (EPB), has advised members of Landhi Association of Trade and Industry (Lati) to form a committee comprising its members to identify priority areas which should be taken up for development under 'Ka
Published 25 Feb, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (February 24, 2004).
Published 25 Feb, 2004 12:00am
INTERNATIONAL TENDERS

INTERNATIONAL TENDERS

Export Promotion Bureau has received the following International Tenders from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details of Tenders from the addresses given or from EPB Head Quarters and its Region
Published 25 Feb, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (February 24, 2004).
Published 25 Feb, 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 25 Feb, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (February 24, 2004).
Published 25 Feb, 2004 12:00am
Salaries to be paid by February 28

Salaries to be paid by February 28

The government has decided to pay salaries and pensions for the current month by February 28, to the government employees due to Ashura.
Published 25 Feb, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (February 24) and rates for Wednesday (February 25, 2004).
Published 25 Feb, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (February 24, 2004).
Published 25 Feb, 2004 12:00am
500 ghost teachers detected: Nazim

500 ghost teachers detected: Nazim

District Nazim Multan Riaz Hussain Qureshi has said at least, 500 ghost teachers were detected, who are habitual absentees, but they were drawing their salaries regularly.
Published 25 Feb, 2004 12:00am
Rs 420 million to be spent on Chitral projects

Rs 420 million to be spent on Chitral projects

NWFP Chief Minister Akram Khan Durrani has assured that Chitral would receive maximum in the developmental fund, adding the backward district had been kept backward in the past creating a sense of deprivation in the people's mind of those districts.
Published 25 Feb, 2004 12:00am
Serious talks with Delhi after Indian elections: Rashid

Serious talks with Delhi after Indian elections: Rashid

Minister for Information and Broadcasting Sheikh Rashid Ahmed on Tuesday expressed hope that serious dialogue between India and Pakistan would be held after the Indian parliamentary elections.
Published 25 Feb, 2004 12:00am
THE RUPEE: gap widens in kerb and interbank rates

THE RUPEE: gap widens in kerb and interbank rates

Gap between the interbank and kerb rates widened on Tuesday as the rupee shed ten paisa against the dollar for buying at Rs 57.40 and lost 15 paisa for selling at Rs 57.50 in the open market.
Published 25 Feb, 2004 12:00am
Military operation in Fata opposed

Military operation in Fata opposed

The FATA Reforms Committee has termed the ongoing military operation against suspected terrorists and tribesmen, who are allegedly providing shelter to such elements unnecessary, saying the matter should be easily resolved through consensus with the triba
Published 25 Feb, 2004 12:00am
THE RUPEE: gap widens in kerb and interbank rates

THE RUPEE: gap widens in kerb and interbank rates

Gap between the interbank and kerb rates widened on Tuesday as the rupee shed ten paisa against the dollar for buying at Rs 57.40 and lost 15 paisa for selling at Rs 57.50 in the open market.
Published 25 Feb, 2004 12:00am
ARD plans 'Quick March': Maimoona Hashmi

ARD plans 'Quick March': Maimoona Hashmi

Maimoona Javed Hashmi has said: "There will be a 'Quick March' next month and the final round of ARD's protest during March would bring good changes in the country's politics."
Published 25 Feb, 2004 12:00am
Sugar: MEHRAN SUGAR MILLS LIMITED - Year Ended 30-09-2003

Sugar: MEHRAN SUGAR MILLS LIMITED - Year Ended 30-09-2003

During the year under review the company has been able to improve productivity and reduce loss in a big way. The financial position of the company remained modest as can be seen from the break up value of the share and long term debt to equity ratio.
Published 25 Feb, 2004 12:00am
Pakistan steps up drive to capture Osama: BG

Pakistan steps up drive to capture Osama: BG

Bryan Bender of the Boston Globe has said Pakistan has "stepped up" its campaign to capture Osama bin Laden, deploying thousands of troops into its north-western frontier, pressuring tribal elders, according to senior Pentagon and Pakistani officials.
Published 25 Feb, 2004 12:00am
Sugar: MEHRAN SUGAR MILLS LIMITED - Year Ended 30-09-2003

Sugar: MEHRAN SUGAR MILLS LIMITED - Year Ended 30-09-2003

During the year under review the company has been able to improve productivity and reduce loss in a big way. The financial position of the company remained modest as can be seen from the break up value of the share and long term debt to equity ratio.
Published 25 Feb, 2004 12:00am
Vehicle stickers mandatory for processions

Vehicle stickers mandatory for processions

The city traffic police has directed that it would be mandatory for all vehicle owners to get stickers to display on windscreens to participate in any procession during Muharram.
Published 25 Feb, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (February 24, 2004).
Published 25 Feb, 2004 12:00am
Lahore High Court adjourns hearing in writs against LBPTS

Lahore High Court adjourns hearing in writs against LBPTS

The Lahore High Court (LHC) on Tuesday adjourned the proceedings in some identical petitions filed against Land Based Property Tax System (LBPTS) till Wednesday, as the law officer did not appear before the court.
Published 25 Feb, 2004 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (February 24, 2004).
Published 25 Feb, 2004 12:00am
KEDA governing body dissolved

KEDA governing body dissolved

The Sindh government on Tuesday dissolved the governing body of Karachi Electronics Dealers Association (KEDA) with immediate effect and appointed Assistant Commissioner, Mines, Labour Welfare Organisation, Karachi, Sami Siddiqi as administrator for 45 da
Published 25 Feb, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 25 Feb, 2004 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.
Published 25 Feb, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 25 Feb, 2004 12:00am
System to monitor epidemics introduced

System to monitor epidemics introduced

The National Institute of Health (NIH) has introduced Disease Early Warning System to monitor human epidemics, which can easily be adopted for use at poultry farms to detect epidemics among poultry birds at the early stages.
Published 25 Feb, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Published 25 Feb, 2004 12:00am
Lecture

Lecture

Scholar of Cairo University Professor Dr Mohammad Al-Saeed will address students and teachers of Iqra University at its campus in Quetta on Thursday.
Published 25 Feb, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (February 24, 2004).
Published 25 Feb, 2004 12:00am
Kasuri's remarks clarified

Kasuri's remarks clarified

The Foreign Office has clarified the remarks made by Foreign Minister Khurshid Mahmud Kasuri in a press conference on Monday.
Published 25 Feb, 2004 12:00am
Two Azad Kashmir ministers resign

Two Azad Kashmir ministers resign

Cracks among the ranks of Muslim Conference, the ruling party in Azad Jammu and Kashmir (AJK), have appeared as two cabinet ministers resigned in protests against the alleged nepotism by the Prime Minister, Sardar Sikandar Hayat.
Published 25 Feb, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 25 Feb, 2004 12:00am
Fake fertiliser factory sealed

Fake fertiliser factory sealed

The pesticides vigilance staff of Agriculture department detected a fake fertiliser manufacture factory and seized large quantity of Uni.-zinc and 11 pesticides products.
Published 25 Feb, 2004 12:00am
Easy learning programme launched

Easy learning programme launched

Pakistan State Oil (PSO), in collaboration with the Global Compact and the United Nations International Development Organisation (Unido) launched "Easy Learning Programme" on Tuesday.
Published 25 Feb, 2004 12:00am
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