News Archives for Print - 2004-03-01

Majlis-i-Amal opposes privatisation of PTCL

Muttahida Majlis-i-Amal (MMA) has opposed the privatisation of Pakistan Telecommunication Company Limited (PTCL) and said that it would render no less than forty thousand skilled workers jobless.

Published 01 Mar, 2004 12:00am

Prices move both ways on cotton market

Slight swing in cotton trading was seen towards the end of the week ended on February 28, 2004, on worries that abrupt rise in cotton futures in New York would push local lint prices also.

Published 01 Mar, 2004 12:00am

Synthetic colours in food items termed health risk

Food technologist and medical expert have expressed their growing concern regarding unchecked adulteration and growing use of synthetic colour dyes, unsafe for human consumption in food items available in the market.

Published 01 Mar, 2004 12:00am

Government striving for economic success: Prime Minister

Prime Minister Mir Zafarullah Khan Jamali on Sunday said the government has been striving hard for political stability and economic prosperity in the country.

Published 01 Mar, 2004 12:00am

Talks with India to reach conclusion, hopes Jamali

Prime Minister Mir Zafarullah Khan Jamali hoped that recently initiated Pakistan-India dialogue would reach a conclusion.

Published 01 Mar, 2004 12:00am

Security for Ashura reviewed

Corps Commander Lieutenant General Muhammad Akram on Sunday visited the Leiah and Muzaffargarh district to review the security arrangements for Ashura-i-Muharram. While a joint flag March was organised in Muzaffargarh by the Police and Army.

Published 01 Mar, 2004 12:00am

Majlis-i-Amal reacts to Wana operation

Muttahida Majlis-i-Amal (MMA) has said that General Pervez Musharraf is serving as chief Polling Agent of US President George W Bush and operation in Wana was a part of this game because arrest of Osama bin Laden was the only key of victory for the Bush i

Published 01 Mar, 2004 12:00am

Aurat Foundation to guide women contenders

Aurat Foundation Karachi Office in a meeting here on Sunday morning decided to hold camps at Karachi City Court and Malir Court premises for the assistance of women contenders for local government bye-elections scheduled for March 28.

Published 01 Mar, 2004 12:00am

Jamaat-i-Islami council meets on March 4

The members of the Central Executive Council of the Jamaat-i-Islami, Pakistan are assembling here on March 4 at Mansoora to discuss the political situation prevailing in the country.

Published 01 Mar, 2004 12:00am

WAR supports NCSW submission to repeal Hudood Ordinance

Women groups have largely hailed a suggestion forwarded by chairperson National Commission on Status of Women (NCSW) Justice Majida (Retd), to repeal the Hudood Ordinance.

Published 01 Mar, 2004 12:00am

Musharraf orders inquiry into Wana incident

President General Pervez Musharraf has directed the concerned authorities to conduct an immediate inquiry and ascertain details of the sequence of events that led to the death of 11 persons and injuries to six others in Wana on Saturday.

Published 01 Mar, 2004 12:00am

Government determined to promote religious harmony: minister

The Punjab Communication & Works Minister Chaudhry Muhammad Zaheer ud Din Khan has said President General Pervez Musharraf was determined to promote religious harmony and tolerance besides highlighting the true picture of religion Islam on international l

Published 01 Mar, 2004 12:00am

13 prisoners released

Thirteen prisoners involved in petty cases were released from the Central Jail on the order of the district sessions judge here on Saturday.

Published 01 Mar, 2004 12:00am

Steps under way to promote tourism: minister

The Minister of State for Sports, Culture, Tourism, Minorities and Youth Affairs, Rais Munir Ahmed, on Sunday said the government has explored the potential of tourism in southern parts of the country like deserts of Sindh and Balochistan which are great

Published 01 Mar, 2004 12:00am

Police put on high alert in Sindh

Sindh Chief Minister Sardar Ali Mohammad Khan Mahar has directed Sindh IGP Syed Kamal Shah to put police on high alert across the province following the suicidal attack at an Imambargah in Rawalpindi.

Published 01 Mar, 2004 12:00am

Security tightened in Islamabad

Islamabad Capital Territory (ICT) administration and Islamabad police on Sunday jointly held a meeting to review security arrangements during Muharram.

Published 01 Mar, 2004 12:00am

Ulema's role for harmony lauded

District Nazim Mian Amir has lauded the co-operation of Ulema and elected representatives for maintaining peace and religious harmony during the past two years and expressed confidence that they would show the same gesture this year.

Published 01 Mar, 2004 12:00am

Red alert at airport

Special security measures that includes enforcement of red alert, cancellation of protocol and temporary passes have been undertaken at Allama Iqbal International Airport Lahore.

Published 01 Mar, 2004 12:00am

Islamabad slams Israel-India radar deal

Pakistan on Sunday criticised Israel's decision to approve the sale of three Phalcon airborne early warning radar systems to India, saying it would accentuate the strategic imbalance in South Asia.

Published 01 Mar, 2004 12:00am

Efforts on to recover bus hostages: DCO

Efforts continue to recover twelve bus passengers, DCO Loralai Shakil Hashmi said on Sunday.

Published 01 Mar, 2004 12:00am

KPC premises ransacked

Activists of a religious organisation ransacked the Karachi Press Club premises here on Sunday.

Published 01 Mar, 2004 12:00am

Vice Admiral Chaudhry laid to rest

Vice Admiral H.M.S Chaudhry (Retd), the first commander-in-chief of Pakistan Navy, who died on Friday evening was laid to rest with full military honour at the army graveyard here on Sunday.

Published 01 Mar, 2004 12:00am

National Assembly summoned on March 6

President General Pervez Musharraf has summoned the session of National Assembly to meet on March 6 at 5 pm at the Parliament House here.

Published 01 Mar, 2004 12:00am

Attock Cement earns 86.5 percent more profit

Attock Cement Pakistan Limited at the 53rd meeting of the Board of Directors on February 25, 2004 has declared that profit in the six months ended on December 31, 2003 increased by 86.5 percent due to higher sales in the core market of Karachi.

Published 01 Mar, 2004 12:00am

Attock Cement earns 86.5 percent more profit

Attock Cement Pakistan Limited at the 53rd meeting of the Board of Directors on February 25, 2004 has declared that profit in the six months ended on December 31, 2003 increased by 86.5 percent due to higher sales in the core market of Karachi.

Published 01 Mar, 2004 12:00am

Give peace talks a chance, Kashmir's puppet chief minister

Occupied Kashmir's puppet chief minister Mufti Mohammed Sayeed, who escaped assassination attempt last week, appealed on Sunday for peace talks to be given a chance.

Published 01 Mar, 2004 12:00am

Missiles fired at military check-post

Two missiles were fired on Sunday at a military check-post in a remote tribal region in Pakistan where forces are hunting Osama bin Laden, but caused no casualties, officials said.

Published 01 Mar, 2004 12:00am

ARD meeting

The Alliance for Restoration of Democracy (ARD) will hold a meeting of its heads in Lahore on March10, 2004. Makhdoom Ameen Fahim head of the Alliance will chair the meeting.

Published 01 Mar, 2004 12:00am

Martyrs of Karbala remembered

Several hundred Majalis were held in the day and till late in the night at different Imambargahs and homes in Karachi city to pay tributes to the Martyrs of Karbala.

Published 01 Mar, 2004 12:00am

Milk retail price raised to Rs 25 per litre

The retail price of dairy milk have been increased to Rs 25 per litre with effect from March 1, 2004, a spokesman of Dairy Farmers Association of Karachi announced here on Sunday.

Published 01 Mar, 2004 12:00am

Milk retail price raised to Rs 25 per litre

The retail price of dairy milk have been increased to Rs 25 per litre with effect from March 1, 2004, a spokesman of Dairy Farmers Association of Karachi announced here on Sunday.

Published 01 Mar, 2004 12:00am

Jack Straw arriving on March 3

British Secretary of State for Foreign and Commonwealth Affairs, Jack Straw will be visiting Pakistan from 3-5 March 2004, to hold bilateral consultations with his counterpart Khurshid Mehmood Kasuri.

Published 01 Mar, 2004 12:00am

Jack Straw arriving on March 3

British Secretary of State for Foreign and Commonwealth Affairs, Jack Straw will be visiting Pakistan from 3-5 March 2004, to hold bilateral consultations with his counterpart Khurshid Mehmood Kasuri.

Published 01 Mar, 2004 12:00am

Date for filing nominations extended

The Election Commission of Pakistan on Sunday extended the last date to file nomination papers for the by- election to vacant seats of Union Nazims and Naib Nazims in Punjab, Sindh, NWFP and Balochistan.

Published 01 Mar, 2004 12:00am

Date for filing nominations extended

The Election Commission of Pakistan on Sunday extended the last date to file nomination papers for the by- election to vacant seats of Union Nazims and Naib Nazims in Punjab, Sindh, NWFP and Balochistan.

Published 01 Mar, 2004 12:00am

CIB eyes SMEs, seeks more credit data

Egypt's Commercial International Bank (CIB) said on Sunday it would launch financing for small and medium-sized enterprises (SMEs) by the end of the year but said Egypt needed better credit data for it to rapidly expand the business.

Published 01 Mar, 2004 12:00am

Hafeez to head SSC meeting on WTO challenges

Federal Minister for Privatisation and Investment, Dr Abdul Hafeez Shaikh will chair a meeting of the Senate's Special Committee on 'Challenges of WTO' on March 6.

Published 01 Mar, 2004 12:00am

Hafeez to head SSC meeting on WTO challenges

Federal Minister for Privatisation and Investment, Dr Abdul Hafeez Shaikh will chair a meeting of the Senate's Special Committee on 'Challenges of WTO' on March 6.

Published 01 Mar, 2004 12:00am

Delhi to host 'Made in Pakistan' fair from March 3

India will host the first-ever trade fair showcasing goods made by old foe Pakistan at an exhibition in the capital in March, a report said on Sunday.

Published 01 Mar, 2004 12:00am

Delhi to host 'Made in Pakistan' fair from March 3

India will host the first-ever trade fair showcasing goods made by old foe Pakistan at an exhibition in the capital in March, a report said on Sunday.

Published 01 Mar, 2004 12:00am

Groundbreaking of Thar coal project by January 2005

A delegation of Shenhua Group Corporation of China that is on a visit to Pakistan has indicated that the ground breaking ceremony of Thar coal power project would be held by early January 2005.

Published 01 Mar, 2004 12:00am

Groundbreaking of Thar coal project by January 2005

A delegation of Shenhua Group Corporation of China that is on a visit to Pakistan has indicated that the ground breaking ceremony of Thar coal power project would be held by early January 2005.

Published 01 Mar, 2004 12:00am

Iraqi firm to run oil sector by July: US official

Washington is advising Iraq on establishing a state company to take over management of the oil sector by July as US-led occupation forces hand power to new Iraqi government, a US official said on Sunday.

Published 01 Mar, 2004 12:00am

Iraqi firm to run oil sector by July: US official

Washington is advising Iraq on establishing a state company to take over management of the oil sector by July as US-led occupation forces hand power to new Iraqi government, a US official said on Sunday.

Published 01 Mar, 2004 12:00am

Bus rams checkpoint in Iraq

A bus rammed a checkpoint in southern Iraq on Sunday, wounding several people, including one Polish soldier as well as Iraqi troops and police, army officials said.

Published 01 Mar, 2004 12:00am

Bus rams checkpoint in Iraq

A bus rammed a checkpoint in southern Iraq on Sunday, wounding several people, including one Polish soldier as well as Iraqi troops and police, army officials said.

Published 01 Mar, 2004 12:00am

Privatisation Commission receives around a dozen EoIs for PPL lead manager

The Privatisation Commission has received approximately a dozen applications from consortium of banks, financial institutions and brokerage houses to act as lead manager, helping government sell Pakistan Petroleum Limited shares through stock market.

Published 01 Mar, 2004 12:00am

Privatisation Commission receives around a dozen EoIs for PPL lead manager

The Privatisation Commission has received approximately a dozen applications from consortium of banks, financial institutions and brokerage houses to act as lead manager, helping government sell Pakistan Petroleum Limited shares through stock market.

Published 01 Mar, 2004 12:00am

Anti-narcotics team visits Mazar-i-Sharif

A governmental anti-narcotics delegation visited northern Afghanistan on Sunday to meet with local leaders and to stress that the production of narcotics in the area must be stopped.

Published 01 Mar, 2004 12:00am

Anti-narcotics team visits Mazar-i-Sharif

A governmental anti-narcotics delegation visited northern Afghanistan on Sunday to meet with local leaders and to stress that the production of narcotics in the area must be stopped.

Published 01 Mar, 2004 12:00am

KSE-listed refineries improve earnings

The three listed refineries at the Karachi Stock Exchange (KSE) during the second quarter posted significant improvement in net income because of the increase in fuel prices and higher sales of white oil products.

Published 01 Mar, 2004 12:00am

KSE-listed refineries improve earnings

The three listed refineries at the Karachi Stock Exchange (KSE) during the second quarter posted significant improvement in net income because of the increase in fuel prices and higher sales of white oil products.

Published 01 Mar, 2004 12:00am

Pope defends marriage as union between men and women

Pope John Paul defended the institution of marriage against those who are trying to "degrade" it, urging authorities to uphold the traditional union between men and women.

Published 01 Mar, 2004 12:00am

Gulf allies back Qatar in row with Russia over Chechen murder

Gulf Arab states expressed support Sunday for ally Qatar in its row with Russia over the arrest of two Russian security agents charged with assassinating a Chechen leader in the Gulf emirate that prompted Moscow to detain two Qataris.

Published 01 Mar, 2004 12:00am

Be aggressive against India: Imran

Former Pakistan cricket team captain Imran Khan told players on Sunday to be aggressive and keep up the mental pressure in next month's historic series against India.

Published 01 Mar, 2004 12:00am

WHO urges more attention to bird flu's human threat

The UN applauded Sunday the latest commitments to contain the bird flu ravaging Asian poultry stocks, but said more was needed to safeguard human health as funding to fight the outbreaks fell short of expectations.

Published 01 Mar, 2004 12:00am

Blair under pressure to publish Iraq legal advice

Two British newspapers reported on Sunday that the country's top lawyer was pressured to change his advice to Prime Minister Tony Blair on the legality of war in Iraq to say that an invasion would be legally justified.

Published 01 Mar, 2004 12:00am

Saddam wrote message to elder daughter: Red Cross

The International Committee of the Red Cross (ICRC) is to deliver a message from ousted Iraqi president Saddam Hussein to his elder daughter Raghad who lives in Jordan, sources close to her told AFP on Sunday.

Published 01 Mar, 2004 12:00am

France pledges support for stability in Asia

France has pledged support to Pakistan with a view to promoting stability in Asia, given the vital role envisaged for Islamabad in the struggle against terrorism and proliferation of weapons of mass destruction (WMD).

Published 01 Mar, 2004 12:00am

France pledges support for stability in Asia

France has pledged support to Pakistan with a view to promoting stability in Asia, given the vital role envisaged for Islamabad in the struggle against terrorism and proliferation of weapons of mass destruction (WMD).

Published 01 Mar, 2004 12:00am

Saudi oil facility reduced to half

The Saudi oil facility has been cut to almost half from Rs 20.783 billion to Rs 11.749 billion for July-December 2003 as compared to the same period in 2002.

Published 01 Mar, 2004 12:00am

Saudi oil facility reduced to half

The Saudi oil facility has been cut to almost half from Rs 20.783 billion to Rs 11.749 billion for July-December 2003 as compared to the same period in 2002.

Published 01 Mar, 2004 12:00am

Prices of POL products raised

The Oil Companies Advisory Committee (OCAC) raised oil prices in the range of Re0.07 to Re0.33 per liter effective from Monday while high speed diesel (HSD) prices remained unchanged.

Published 01 Mar, 2004 12:00am

Prices of POL products raised

The Oil Companies Advisory Committee (OCAC) raised oil prices in the range of Re0.07 to Re0.33 per liter effective from Monday while high speed diesel (HSD) prices remained unchanged.

Published 01 Mar, 2004 12:00am

Carryover charges at 15-week low

The weighted average carryover charges (CoCs) at Karachi Stock Exchange during the week plunged to a 15-week low, where the effective rate on an annualised basis dived to 6.71 percent.

Published 01 Mar, 2004 12:00am

Carryover charges at 15-week low

The weighted average carryover charges (CoCs) at Karachi Stock Exchange during the week plunged to a 15-week low, where the effective rate on an annualised basis dived to 6.71 percent.

Published 01 Mar, 2004 12:00am

Corporate earnings avert larger declines on KSE

Healthy earning reports from some of the blue chips and investment stocks helped share market to recover most of the losses during the last week as sentiment slowly and steadily improving following active support from some of the leading financial institu

Published 01 Mar, 2004 12:00am

Corporate earnings avert larger declines on KSE

Healthy earning reports from some of the blue chips and investment stocks helped share market to recover most of the losses during the last week as sentiment slowly and steadily improving following active support from some of the leading financial institu

Published 01 Mar, 2004 12:00am

Proposal for Fata vehicles amnesty rejected

Hoping that imposition of customs duty on vehicles imported by Afghanistan will stop dumping and subsequent smuggling of cars into Pakistan, the Central Board of Revenue (CBR) has rejected outright a proposal of the Prime Minister Secretariat and the NWFP

Published 01 Mar, 2004 12:00am

Proposal for Fata vehicles amnesty rejected

Hoping that imposition of customs duty on vehicles imported by Afghanistan will stop dumping and subsequent smuggling of cars into Pakistan, the Central Board of Revenue (CBR) has rejected outright a proposal of the Prime Minister Secretariat and the NWFP

Published 01 Mar, 2004 12:00am

Minister denies wheat import accord with any country

Food and Agriculture Minister Sardar Yar Muhammad Rind has denied execution of any agreement for import of wheat with any country.

Published 01 Mar, 2004 12:00am

Minister denies wheat import accord with any country

Food and Agriculture Minister Sardar Yar Muhammad Rind has denied execution of any agreement for import of wheat with any country.

Published 01 Mar, 2004 12:00am

State assets sale fetches Rs 42 billion

The Privatisation Commission broken all previous records and fetched Rs 42 billion through the sale of state-assets in the present government included strategic sale of Habib Bank Limited (HBL), and initial public offering of the National Bank of Pakistan

Published 01 Mar, 2004 12:00am

State assets sale fetches Rs 42 billion

The Privatisation Commission broken all previous records and fetched Rs 42 billion through the sale of state-assets in the present government included strategic sale of Habib Bank Limited (HBL), and initial public offering of the National Bank of Pakistan

Published 01 Mar, 2004 12:00am

THE RUPEE: rates slip in money market

The rupee showed weakness versus the dollar in both the open and the inter-bank markets due to corporate demand for major payments.

Published 01 Mar, 2004 12:00am

THE RUPEE: rates slip in money market

The rupee showed weakness versus the dollar in both the open and the inter-bank markets due to corporate demand for major payments.

Published 01 Mar, 2004 12:00am

Tax administration reforms project to be launched

The government would launch "Pakistan Tax Administration Reforms Project" to implement tax policy and administration reforms, trade facilitation and market access with the financial assistance of IDA during next financial year 2004-05. This project will b

Published 01 Mar, 2004 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 25	154.29
USD to Swiss Franc / Nov 25	0.89
Pound Sterling to USD / Nov 25	1.26
Euro to USD / Nov 25	1.05

Stock	Volume
S&P 500 / Nov 22	5,969.34
Nasdaq / Nov 22	18,003.65
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59
France CAC40 / Nov 22	7,255.01
India Sensex / Nov 25	80,331.40
Tokyo Nikkei / Nov 25	38,933.62

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 25	248.38
Crude Oil USD/Barrel / Nov 25	70.68
Gold Spot USD/Ounce / Nov 25	2,664.27
Diesel/Litre / Nov 25	255.14

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 25 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 25 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 25 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 25 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 25 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 25 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 25 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 25 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 25 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

Most Popular