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Print - 2004-04-03
Britain's top share index cruises to higher weekly gain

Britain's top share index cruises to higher weekly gain

Top UK stocks cruised to a higher finish on Friday, leaving the FTSE-100 index up on the week as investors cheered powerful US jobs data, snapping up mining stocks and airline British Airways.
Published 03 Apr, 2004 12:00am
Hong Kong dollar firms

Hong Kong dollar firms

The Hong Kong dollar was firm but off its morning highs on Friday afternoon as the yen edged down slightly against the greenback and players awaited key US payrolls data.
Published 03 Apr, 2004 12:00am
Chinese yuan notches weaker

Chinese yuan notches weaker

The yuan ended two notches weaker versus the dollar at 8.2770 on Friday, remaining near the stronger end of its managed trading range.
Published 03 Apr, 2004 12:00am
Swiss franc eases against dollar and euro

Swiss franc eases against dollar and euro

The Swiss franc eased against the dollar and euro on Friday amid continued unwinding of safe haven positions taken after last month's bomb attacks in Madrid and on expectations a global economic recovery is gaining pace.
Published 03 Apr, 2004 12:00am
Yen slips on new fiscal year flows, focus on US data

Yen slips on new fiscal year flows, focus on US data

The yen slipped from near a four-year peak against the dollar on Friday as Japanese investors bought fresh foreign assets at the start of the fiscal year in a market otherwise becalmed ahead of key US jobs data.
Published 03 Apr, 2004 12:00am
Dollar sheds losses after strong ISM data

Dollar sheds losses after strong ISM data

The dollar shed most of its losses against the euro on Thursday after a US manufacturing index showed stronger than expected growth in March, a hopeful sign for economic recovery.
Published 03 Apr, 2004 12:00am
Asian currencies gain against dollar

Asian currencies gain against dollar

Most Asian currencies rose against the US dollar on Friday but fear of intervention restricted gains and political worries weighed on the Philippine peso and Indonesian rupiah.
Published 03 Apr, 2004 12:00am
Indian rupee snaps nine-day rally

Indian rupee snaps nine-day rally

The Indian rupee ended Friday weaker, snapping a nine-day rally in which it rose 3.5 percent against the dollar, as the central bank stepped up intervention which it had recently scaled down.
Published 03 Apr, 2004 12:00am
Sterling falls against dollar

Sterling falls against dollar

Sterling fell more than one percent against the dollar on Friday as the greenback gained across the board on a much stronger than expected US jobs report.
Published 03 Apr, 2004 12:00am
Dollar on firmer ground

Dollar on firmer ground

The dollar rose broadly ahead of an eagerly-awaited US employment report on Friday, recovering almost a yen from four-year lows against the Japanese currency set earlier this week.
Published 03 Apr, 2004 12:00am
Dozens injured in Nepal protest

Dozens injured in Nepal protest

Nepali police fired teargas and used batons to break up a rally by political parties on Friday against King Gyanendra, officials said.
Published 03 Apr, 2004 12:00am
Gene-change bull dies in Netherlands

Gene-change bull dies in Netherlands

Herman, the world's first genetically modified bull, was put down on Friday at the age of 13 as he suffered from arthritis, its owners said.
Published 03 Apr, 2004 12:00am
15 more detainees released from Guantanamo

15 more detainees released from Guantanamo

Fifteen more people have been transferred from a detention center for suspected al Qaeda and Taleban fighters at a US naval base in Guantanamo Bay, Cuba and freed in their home countries, the Pentagon said Friday.
Published 03 Apr, 2004 12:00am
Bomb found on Spanish railway line

Bomb found on Spanish railway line

A bomb was found Friday on a high-speed line between Madrid and Seville just three weeks after 191 people were killed in attacks on four Spanish commuter trains, officials said.
Published 03 Apr, 2004 12:00am
Two US troops killed in Iraq

Two US troops killed in Iraq

Two US troops have been killed and another wounded in separate incidents in Iraq over the past 24 hours, the US military said in a statement Friday.
Published 03 Apr, 2004 12:00am
US urges Nato to do more in Iraq, Germans demur

US urges Nato to do more in Iraq, Germans demur

The United States urged Nato on Friday to consider taking a wider role in stabilising Iraq after a sovereign Iraqi government takes office in July but Germany said the alliance had enough on its plate.
Published 03 Apr, 2004 12:00am
Israel should leave Arafat alone: US

Israel should leave Arafat alone: US

The United States said Friday that Israel should leave Yasser Arafat alone and not act to kill or expel him, following veiled threats against the Palestinian leader by Israeli Prime Minister Ariel Sharon.
Published 03 Apr, 2004 12:00am
Al Qaeda text urges fresh attacks: German TV

Al Qaeda text urges fresh attacks: German TV

The al Qaeda network has published a new military strategy urging supporters toward fresh attacks and listing Jews and Americans as prime targets, Germany's ZDF television reported Friday.
Published 03 Apr, 2004 12:00am
Bomb-grade uranium found in Iran

Bomb-grade uranium found in Iran

The UN atomic watchdog has found traces of bomb-grade uranium in Iran at sites other than the two already named, but diplomats said on Friday it was unclear if this boosted US claims that Tehran wants an atom bomb.
Published 03 Apr, 2004 12:00am
Indian Supreme Court bans political ads

Indian Supreme Court bans political ads

India's Supreme Court banned on Friday political commercials perceived as slanderous after the major parties accused each other of hitting below the belt ahead of national elections that begin April 20.
Published 03 Apr, 2004 12:00am
Michael Grade named BBC chairman

Michael Grade named BBC chairman

Maverick TV executive Michael Grade was named chairman of the BBC on Friday as Britain's public broadcaster recovers from an unprecedented judicial savaging of its pre-war Iraq coverage.
Published 03 Apr, 2004 12:00am
US officials knew al Qaeda planned attacks

US officials knew al Qaeda planned attacks

US officials knew months before September 11, 2001 that Osama bin Laden's al Qaeda network was planning to use aircraft to carry out a terrorist attack, a former FBI translator has alleged.
Published 03 Apr, 2004 12:00am
Turkish court defies EU, keeps former-parliamentarians in jail

Turkish court defies EU, keeps former-parliamentarians in jail

A Turkish court ruled on Friday that four former lawmakers jailed in 1994 for links to Kurdish rebels must remain in prison during their retrial, rebuffing calls by the European Union and rights groups for their release.
Published 03 Apr, 2004 12:00am
High turnout in Sri Lankan vote

High turnout in Sri Lankan vote

Sri Lankans turned out in large numbers to vote Friday at an unusually peaceful election called to settle a power struggle that has cast a shadow over the island's already faltering peace process.
Published 03 Apr, 2004 12:00am
Reuse of mineral water bottles

Reuse of mineral water bottles

With reference to the various letters in the print media on the above subject, we wish to inform the consumers that we have raised this issue, which is a serious threat to the health of the consumers, especially school-going children, through debates and
Published 03 Apr, 2004 12:00am
Putting the record straight

Putting the record straight

In the most recent episode (Sunday, March 21) of Gai gee duniya geet maire of a TV channel, the compere, Annu Kapoor, distorted the musical history of the sub-continent, either by design or due to a lack of knowledge of sub-continental classical music.
Published 03 Apr, 2004 12:00am
Beset by war, crisis, Nepal is sliding downhill

Beset by war, crisis, Nepal is sliding downhill

The silence of the deserted streets of Nepal's normally bustling second city, nestled beneath the towering Himalayas, speaks volumes about the growing sense of fear and despair across this country.
Published 03 Apr, 2004 12:00am
The dismal state of public sector schools

The dismal state of public sector schools

In a report released on Tuesday, the State Bank of Pakistan has revealed some distressing details about the education scene, reminding the government that its aim of reducing poverty through sustainable growth accelerating strategy can succeed only if it
Published 03 Apr, 2004 12:00am
Prerequisites for attracting FDI

Prerequisites for attracting FDI

While addressing the Overseas Investors Chamber of Commerce and Industry the other day, Federal Finance Minister Shaukat Aziz said the government would take further steps to attract more foreign direct investment (FDI) to the country.
Published 03 Apr, 2004 12:00am
Sindh education department restructuring on the cards

Sindh education department restructuring on the cards

Restructuring of the Sindh Education Department is on the cards, Sindh Chief Secretary Dr Mutawakkal Kazi stated this while talking to a delegation of the Sindh Professors and Lecturers Association (SPLA) here on Friday.
Published 03 Apr, 2004 12:00am
Ijaz calls on President

Ijaz calls on President

Federal Minister for Religious Affairs, Zakat and Ushr Ijaz-ul-Haq called on President Pervez Musharraf on Friday.
Published 03 Apr, 2004 12:00am
Rs 170 million modern gadgets to be installed in hospitals

Rs 170 million modern gadgets to be installed in hospitals

Opening the 18th national orthopaedic congress here on Friday, Balochistan Chief Minister Mohammad Yousuf said that Japan had provided Rs 170 million for the installation of most modern medical equipment, apparatus and gadgets for better surgical and medi
Published 03 Apr, 2004 12:00am
Sectarian peace prevailing in Balochistan: governor

Sectarian peace prevailing in Balochistan: governor

Balochistan Governor Owais Ahmed Ghani has said there is no issue of sectarianism in the province as is evident from sectarian peace and harmony prevailing in the provincial capital and other parts of the province.
Published 03 Apr, 2004 12:00am
CDGK notifies school timings

CDGK notifies school timings

The District Officer (DO) Education, Secondary and Higher Secondary (Male), City District Government Karachi (CDGK), has notified school timings to be observed during the next academic session from April 1, 2004.
Published 03 Apr, 2004 12:00am
Sindh Madressah launches website

Sindh Madressah launches website

The website of Sindh Madressatul Islam (SMI) Karachi was launched at a ceremony held at the premises of the institution here on Friday.
Published 03 Apr, 2004 12:00am
'Concrete policy a must for industrial uplift'

'Concrete policy a must for industrial uplift'

A concrete policy based on integrated approach having key focus on employment generation is necessary to ensure economic stability and rapid development of industrial sector of the country.
Published 03 Apr, 2004 12:00am
Frontier customs agents seek tax relief

Frontier customs agents seek tax relief

Chairman, Frontier Customs Agents Group NWFP and member SCCI standing committee on Railway Dryport, Zia-ul-Haq Sarhadi has demanded the government to cut down import duties and merged all kind of tax on imports into a fixed limit of the customs duty.
Published 03 Apr, 2004 12:00am
National Assembly speaker calls on Premier

National Assembly speaker calls on Premier

Prime Minister Mir Zafarullah Khan Jamali has said that the government is committed to strengthen the democratic institutions in the country.
Published 03 Apr, 2004 12:00am
Discussion on NSC on April 5: minister

Discussion on NSC on April 5: minister

Information Minister Sheikh Rashid Ahmad on Friday said the discussion on National Security Council (NSC) bill would be held on Monday.
Published 03 Apr, 2004 12:00am
Pardon to Dr Qadeer justified

Pardon to Dr Qadeer justified

Pakistan Ambassador to the US Ashraf Jehangir Qazi has said the conditional pardon to Dr A. Q. Khan is the appropriate thing to do, once he made unreserved confessions before the nation about his network having indulged in leakage of nuclear know-how.
Published 03 Apr, 2004 12:00am
Indian team's 'celebration dinner'

Indian team's 'celebration dinner'

After its momentous win in the Multan Test, the Indian team on Friday relaxed in the team hotel following a "celebration dinner" late into the night.
Published 03 Apr, 2004 12:00am
'Remedies' suggested for home team

'Remedies' suggested for home team

Shedding beards, appointment of a sports psychologist, green-top wickets and bowling coach - these are some of the remedies being suggested to the hapless Pakistani team after its crushing defeat at the hands of India in the Multan Test.
Published 03 Apr, 2004 12:00am
Nehra to rejoin Indian team

Nehra to rejoin Indian team

Fast bowler Ashish Nehra will rejoin the Indian team for the last two Tests against Pakistan, television channels reported Friday.
Published 03 Apr, 2004 12:00am
Chappell warns of Indian Test sweep

Chappell warns of Indian Test sweep

India could complete a clean sweep in the ongoing three-Test series in Pakistan after their historic victory in the opening match, former Australian captain Ian Chappell has said in a column.
Published 03 Apr, 2004 12:00am
Multan should have been our Test, says Ramiz

Multan should have been our Test, says Ramiz

India's maiden Test victory on Pakistan soil ruined a carefully planned strategy to ensure the home side won the first Test at Multan, a top Pakistan official admitted on Friday.
Published 03 Apr, 2004 12:00am
Miandad tells his bowlers to buck up

Miandad tells his bowlers to buck up

Pakistan coach Javed Miandad has told his bowlers they need to get their act together if they are to level the series against India after losing the first test by an innings and 52 runs.
Published 03 Apr, 2004 12:00am
Former Indian skippers

Former Indian skippers

At least seven former Indian skippers would visit Pakistan to watch the last two Test matches between India and Pakistan at Lahore and Rawalpindi on invitation by the Board of Control for Cricket in India (BCCI).
Published 03 Apr, 2004 12:00am
Wasim Akram granted interim bail

Wasim Akram granted interim bail

Pakistan cricket team's former captain and legendary fast bowler Wasim Akram was granted pre-arrest interim bail by the Sindh High Court (SHC) in criminal breach of trust case on Friday.
Published 03 Apr, 2004 12:00am
Ganguly may be fit for third Test

Ganguly may be fit for third Test

The injury suffered by Indian skipper Sourav Ganguly, was not serious and hopefully he should be fit for the third Test against Pakistan, a specialist doctor, who examined him said on Friday.
Published 03 Apr, 2004 12:00am
Weightlifting gold for India

Weightlifting gold for India

India on Friday won two more gold medals in 9th SAF games weight lifting contest taking the tally to three.
Published 03 Apr, 2004 12:00am
Champion Trophy tickets

Champion Trophy tickets

All the tickets for the India versus Pakistan ICC Champions Trophy match at Edgbaston on September 19 were snapped up within an hour of going on sale.
Published 03 Apr, 2004 12:00am
Punjab farmers get 50 percent Abiana relief

Punjab farmers get 50 percent Abiana relief

Punjab Government has implemented upon the promise by giving 50 percent Abiana relief to farmers, who are at the tail of canals in Punjab.
Published 03 Apr, 2004 12:00am
LCCI seeks EPB's help for implementing CSI and C-TPAT

LCCI seeks EPB's help for implementing CSI and C-TPAT

The LCCI Vice President Shahzad Ali Malik has demanded of the Federal Commerce Ministry and Export Promotion Bureau (EPB) to help exporters implement Container Security Initiative (CSI) and the Custom Trade Partnership Against Terrorism (C-TPAT), the two
Published 03 Apr, 2004 12:00am
PICT starts operation with new equipment

PICT starts operation with new equipment

Pakistan International Container Terminal (PICT) has started its operation with new port handling equipment after completion of $30 million Phase-1 of the container handling project in the proximity of Karachi Port.
Published 03 Apr, 2004 12:00am
Food minister takes note of overcharging by contractors

Food minister takes note of overcharging by contractors

Provincial Minister for Food and Agriculture Arif Mustafa Jatoi has taken serious notice of excess recovery of charges and setting up illegal roadside 'check-post' by the contractors of Agriculture Market Committees in various parts of the province.
Published 03 Apr, 2004 12:00am
Book launching on April 3

Book launching on April 3

The launching ceremony of book " Shae Rug" by Dr Mirza Ikhtiar Baig will be held on Saturday.
Published 03 Apr, 2004 12:00am
AJK cabinet meets amid turmoil

AJK cabinet meets amid turmoil

The Azad Jammu and Kashmir cabinet met here on Friday amid turmoil as both factions of the ruling Muslim Conference remained stick to their points.
Published 03 Apr, 2004 12:00am
Commercial counsellors not effective: MCCI

Commercial counsellors not effective: MCCI

Pakistan trade offices abroad may be given targets to increase exports by motivating importers in their assigned countries as well as focussing on enhancing exports of non-traditional items from Pakistan.
Published 03 Apr, 2004 12:00am
Sessions judge terminated

Sessions judge terminated

The Chief Justice (CJ) of Lahore High Court (LHC) while exercising his powers under Section 10 of the Punjab Civil Servants Act, 1974 terminated the services of Additional District & Sessions Judge Pakpattan, Syed Munir Hussain Shah with immediate effect.
Published 03 Apr, 2004 12:00am
Transfers and postings of LHC judges

Transfers and postings of LHC judges

The Chief Justice of Lahore High Court has made transfers and postings of eight senior civil judges after promoting them as additional district and session judge.
Published 03 Apr, 2004 12:00am
ICMAP book fair on April 3

ICMAP book fair on April 3

The Karachi Branch Council (KBC) of the Institute of Cost and Management Accountants of Pakistan (ICMAP) is organising a daylong book fair at the institute's head office here on Saturday (April 3).-PR
Published 03 Apr, 2004 12:00am
Hamza Shahbaz files writ against government in LHC

Hamza Shahbaz files writ against government in LHC

The Lahore High Court issued notice to federal government for April 8, in a petition filed by Hamza Shahbaz Sharif son of Pakistan Muslim League (PML-N) President and former Punjab Chief Minister, Mian Shahbaz Sharif, praying to the court to direct the re
Published 03 Apr, 2004 12:00am
AC grants physical remand of former-police officer

AC grants physical remand of former-police officer

An accountability court granted physical remand of former police officer Yousaf Sial for fortnight as special prosecutor contended that the National Accountability Bureau (NAB) officials wanted to interrogate him further.
Published 03 Apr, 2004 12:00am
100 percent raise in property survey fee proposed

100 percent raise in property survey fee proposed

The Sindh Board of Revenue has proposed to increase the property survey fee by 100 percent in the province. It has been proposed that the fee should be increased from Rs 100 to Rs 200.
Published 03 Apr, 2004 12:00am
BRIDGE NOTES: Allanas win in trials for World Olympiad

BRIDGE NOTES: Allanas win in trials for World Olympiad

The final segment of bridge trials concluded last week at the Aslam Bridge Hall, National Stadium Karachi, to select the national bridge team to represent the country at the World Bridge Olympiad to be held in Istanbul, Turkey, on 23 October to 6 November
Published 03 Apr, 2004 12:00am
How much freedom can TV channels get from society?

How much freedom can TV channels get from society?

Somewhat troubling and heavy the nagging thought about how much real freedom will Pakistan's growing number of channels have. That is to say, in the years to come, or even in the near future, how much freedom and latitude will the television channels be a
Published 03 Apr, 2004 12:00am
SPORTS WORLDSAF Games: hopes of amity in the region

SPORTS WORLDSAF Games: hopes of amity in the region

The sporting fans must be enjoying two major events, the ninth SAF Games being held at the sprawling and majestic Islamabad Sports Complex built by the Chinese, and the Test matches under the programme being staged even nearer the multi-nation disciplines
Published 03 Apr, 2004 12:00am
APNS petition hearing on April 5

APNS petition hearing on April 5

A three-member Supreme Court bench, which partly heard arguments on the admissibility of APNS petition against the law governing the employees will take up the case again on Monday.
Published 03 Apr, 2004 12:00am
SPORTS WORLD: India prove superiority in ODIs

SPORTS WORLD: India prove superiority in ODIs

Sportsman spirit demands acceptance of defeat, of course in a well-contested match, with open hearts and grace, but if the match turns one-sided and the defeat is nothing but a total surrender, it gives rise to suspicion. The recently-concluded Pakistan-I
Published 03 Apr, 2004 12:00am
Procedure laid down for business visa to India

Procedure laid down for business visa to India

In order to facilitate processing of applications and issuance of visas to bona fide business travellers to India, the High Commission of India in Islamabad has laid down the following procedure.
Published 03 Apr, 2004 12:00am
Call to withdraw surcharge advice to sugar mills

Call to withdraw surcharge advice to sugar mills

Pakistan Sugar Mills Association, Sindh Zone (PSMA-SZ) has requested the Sindh Cane Commissioner to withdraw the advice to the sugar mills to deposit the surcharge at the rate of 0.15 paisa per 40 kilograms with effect from 1991-92 to date with the govern
Published 03 Apr, 2004 12:00am
Dates - a heavenly gift

Dates - a heavenly gift

Date (Phoenix dactylifera L.) belongs to the Family Palmaceae. It was under cultivation about 5,000 years ago and Saudi Arabia or India is considered as its real home. The date palm is a genus of about 10 species and phoenix dactylifera is the only date,
Published 03 Apr, 2004 12:00am
CAPITAL CULTURAL SCENE: Preview of Hussain's exhibits

CAPITAL CULTURAL SCENE: Preview of Hussain's exhibits

This week's first showing was the preview of Iqbal Hussain's exhibits at the World Bank office. It was an opportunity to brush shoulders with the people who work there and was not to be missed under any circumstances as the place has held an aura of intri
Published 03 Apr, 2004 12:00am
Haiku Mushaira

Haiku Mushaira

The 21st Annual Haiku Mushaira was held by the Japan Cultural Centre of the Consulate General of Japan, Karachi in collaboration with Pakistan Japan Cultural Association, Sindh and Danishgah (Association for Retarded Children). About 40 renowned poets and
Published 03 Apr, 2004 12:00am
Port Qasim customs collects record Rs 33.2 billion in nine months

Port Qasim customs collects record Rs 33.2 billion in nine months

The Collectorate of Customs, Port Qasim, collected a record revenue of Rs 33.2 billion from duty and taxes during the first nine months (July-March) of the current fiscal year. The collection is up by 16 percent of the revenue yielded during the same peri
Published 03 Apr, 2004 12:00am
BOOK REVIEW: 'From Basle to Baghdad'

BOOK REVIEW: 'From Basle to Baghdad'

In the present world scenario Middle East is the focal point stretching down to South Asia via Afghanistan, Iraq and Palestine witnessing rather going through the most brutal war imposed by a super power and its protégé ie United States of America and ill
Published 03 Apr, 2004 12:00am
APGMJA demands import of gemstones

APGMJA demands import of gemstones

All Pakistan Gem Merchants and Jeweller's Association (APGMJA) has suggested that the import of raw platinum, raw palladium, cut diamonds, and gemstones may be allowed for jewellery manufacturers at one to two percent import duty and nil sales tax.
Published 03 Apr, 2004 12:00am
FORGOTTEN TEXT: Unfolded textbook on the cultural history of Sindh

FORGOTTEN TEXT: Unfolded textbook on the cultural history of Sindh

One will have to look beyond Amin Guljee to understand him. He is mercurial and impulsive. He is innovative and creative with an intense desire to be communicative with his audience. The language for all his purposes he uses, is the curve and contours of
Published 03 Apr, 2004 12:00am
'Businessmen being granted UK visa without delay'

'Businessmen being granted UK visa without delay'

Hamish St Clair Daniel, British Deputy High Commissioner, said here on Friday that British investment has not only helped in broadening manufacturing base in Pakistan but also in transferring technology.
Published 03 Apr, 2004 12:00am
CURRENT TOPICS: Osama phobia

CURRENT TOPICS: Osama phobia

I wonder if American history can identify a single individual known by name to the entire population and feared and hated by the people and the government. What is most annoying is that the ogre is their own creation. US is known to pick up individuals an
Published 03 Apr, 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 03 Apr, 2004 12:00am
Karachi needs a centre for creative studies and performing arts

Karachi needs a centre for creative studies and performing arts

Karachi has once again begun to vibrate with cultural activities. Theatres are booked, cultural centres are crowded and abuzz with discussions on fine arts. Some of the new restaurants that have opened in the city are attracting guests who like to sit and
Published 03 Apr, 2004 12:00am
NGO vows to protect zoo birds and animals

NGO vows to protect zoo birds and animals

A non-governmental organisation (NGO) has pledged to take measures for protection of birds and animals in CDA's zoo in the lap of Margallah Hills.
Published 03 Apr, 2004 12:00am
Small family benefits highlighted

Small family benefits highlighted

Punjab Minister for Population Welfare Ms Nasim Lodhi has directed the Population Welfare Department to accelerate the social mobilisation campaign regarding small-family benefits, and hold seminars and walks at district and tehsil levels.
Published 03 Apr, 2004 12:00am
The Weather

The Weather

The weather report on Friday (April 02) and the forecast of Saturday (April 03, 2004).
Published 03 Apr, 2004 12:00am
Punjab plans to enhance acreage of forest

Punjab plans to enhance acreage of forest

Punjab Forest Department has formed a line of action for enhancing the acreage of forests in the province. Official sources told Business Recorder here on Friday that during the spring tree plantation drive 20 million plants would be planted in Pun
Published 03 Apr, 2004 12:00am