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Print - 2004-06-08
Punjab secretary restrained from issuing notification

Punjab secretary restrained from issuing notification

Justice S A1i Aslain Jaffery of High Court of Sindh (SHC) on Monday restrained secretary industries, commerce and investment department, Government of Punjab from issuing notification extending appointment of administrator Institute of Engineers Pakistan
Published 08 Jun, 2004 12:00am
India offers help to promote Pakistan jewellery sector

India offers help to promote Pakistan jewellery sector

India's Gems & Jewellery Export Promotion Council Chairman Sanjay A. Kothari has said India is ready to provide all technical assistance for promotion of the gems and jewellery sector in Pakistan.
Published 08 Jun, 2004 12:00am
Tractor financing to be introduced shortly

Tractor financing to be introduced shortly

The government has decided to introduce tractor financing on the line of car financing, under which the credit system would be simplified and farmers could avail tractor loans at nominal mark-up rates.
Published 08 Jun, 2004 12:00am
Vast potential exists for tourism in Pakistan: Soomro

Vast potential exists for tourism in Pakistan: Soomro

Chairman Senate, Mohammedmian Soomro has said that vast potential exists in the country for attracting tourists and hoped that foreign airlines/tourism operators would benefit from the available potential.
Published 08 Jun, 2004 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (June 07, 2004).
Published 08 Jun, 2004 12:00am
'Pakistan Steel to earn Rs 5 billion record profit in current year'

'Pakistan Steel to earn Rs 5 billion record profit in current year'

The Pakistan Steel Mill (PSM), country's largest engineering concern, having annual production of 1.1 million tonnes will earn record profit of Rs 5 billion this year, following unprecedented sales of Rs 25 billion, and plans to increase its annual produc
Published 08 Jun, 2004 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (June 07, 2004).
Published 08 Jun, 2004 12:00am
Ijaz briefs Imam of Kaaba on efforts for Ummah unity

Ijaz briefs Imam of Kaaba on efforts for Ummah unity

Federal Religious Affairs Minister Ijazul Haq met Imam and Khateeb Haram Sharif Makkah, Sheikh Mohammad ibn Abdullah Al Subayyal and conveyed him good wishes of President General Pervez Musharraf, Prime Minister Mir Zafarullah Khan Jamali and the people o
Published 08 Jun, 2004 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (June 07, 2004).
Published 08 Jun, 2004 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (June 07, 2004).
Published 08 Jun, 2004 12:00am
Rs 66 billion for cementing 100 percent watercourses: Rind

Rs 66 billion for cementing 100 percent watercourses: Rind

Federal Minister for Food, Agriculture and Livestock, Yar Mohammad Rind on Monday said that 100 percent water courses would be brick lined at an estimated cost of Rs 66 billion during next four years.
Published 08 Jun, 2004 12:00am
Sindh EPA issues guidelines for hospital waste management

Sindh EPA issues guidelines for hospital waste management

The Director General Environmental Protection Agency (EPA) Sindh, Mohammad Younus Dagha in exercise of powers conferred on him, under Section 6, Sub-Section (1) of Pakistan Environmental Protection Act 1997, has issued "Guidelines for Hospital Waste Manag
Published 08 Jun, 2004 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (June 07, 2004).
Published 08 Jun, 2004 12:00am
Industrialists assured of conducive environment

Industrialists assured of conducive environment

Punjab minister for industries, commerce and investment Mohammad Ajmal Cheema has said that the role of public institutions would be reduced so that industrialists and investors can continue business in a healthy atmosphere free from pressure and red tapi
Published 08 Jun, 2004 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (June 07, 2004).
Published 08 Jun, 2004 12:00am
'LED system' for smooth traffic flow

'LED system' for smooth traffic flow

The Islamabad Traffic Police has installed Light Emitting Device (LED) system at seven different points of the capital to ensure the clear visibility of signals from a distance.
Published 08 Jun, 2004 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (June 07, 2004).
Published 08 Jun, 2004 12:00am
Soomro grieved over Begum Esa's death

Soomro grieved over Begum Esa's death

Senate Chairman Mohammedmian Soomro has expressed profound grief and sorrow over the sad demise of a veteran social worker, Begum Qazi Esa.
Published 08 Jun, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 07, 2004).
Published 08 Jun, 2004 12:00am
Rs 870 million to be spent on setting up engineering college

Rs 870 million to be spent on setting up engineering college

Sialkot district government is spending Rs 870 million on establishing an engineering college in Sialkot, and initial work on this mega project has already been started, said Sialkot district Nazim Naeem Javed.
Published 08 Jun, 2004 12:00am
LUMHS sets up centre for food bacteria analysis

LUMHS sets up centre for food bacteria analysis

Vice Chancellor of Liaquat University of Medical and Health Sciences (LUMHS) Jamshoro Professor Dr Jan Mohammed Memon has announced the establishment of a centre for Routine Bacterial and Chemical Analysis of Food and Fruits in LUMHS.
Published 08 Jun, 2004 12:00am
Many Karachi areas facing acute water shortage

Many Karachi areas facing acute water shortage

While children are dying from poisoned water in Hyderabad and Latifabad, people in many parts of Karachi may die of thirst as there is no water in many localities.
Published 08 Jun, 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 08 Jun, 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 08 Jun, 2004 12:00am
Government urged to raise income tax exemption limit to Rs 0.12 million

Government urged to raise income tax exemption limit to Rs 0.12 million

Site Association of Industry has proposed that income tax exemption limit should be increased from Rs 80,000 to Rs 120,000 per annum and this exemption should apply to all assessees ie individuals and corporate, and the maximum rate of income should not e
Published 08 Jun, 2004 12:00am
KCCI viewpoint presented at Asia Invest Forum

KCCI viewpoint presented at Asia Invest Forum

Majyd Aziz, a former chairman of Site Association of Industry, who represented Karachi Chamber of Commerce and Industry (KCCI) at the Asia Invest Forum 2004 in Colombo, was nominated as chairman of the Working Session on 'Trading in the Future: The Impact
Published 08 Jun, 2004 12:00am
EFU managed funds rates

EFU managed funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from June 07, 2004.
Published 08 Jun, 2004 12:00am
EFU managed funds rates

EFU managed funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from June 07, 2004.
Published 08 Jun, 2004 12:00am
World scientists to review Pakistan strategy on climate

World scientists to review Pakistan strategy on climate

Two world famous scientists on the global warming arrived here on Monday evening to speak on the international perspective of the issues and the research direction with a special emphasis on the shortcomings in the Pakistani effort.
Published 08 Jun, 2004 12:00am
EFU managed funds rates

EFU managed funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from June 07, 2004.
Published 08 Jun, 2004 12:00am
SHC dismisses petition against SHO

SHC dismisses petition against SHO

Justice Muhammad Sadiq Leghari of Sindh High Court (SHC) on Monday dismissed a constitution petition filed by one Muhammad Khalid alleging extortion and harassment by SHO Super Market Police Station and other police officials as not maintainable.
Published 08 Jun, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (June 07) and rates for Tuesday (June 08, 2004).
Published 08 Jun, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 07, 2004).
Published 08 Jun, 2004 12:00am
Plgmea for curbing illegal trade of leather garments

Plgmea for curbing illegal trade of leather garments

The Pakistan Leather Garments Manufacturers and Exporters Association (Plgmea) has suggested measures to restrict illegal trade of leather garments to Russia which is the second largest market for Pakistan after USA.
Published 08 Jun, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 07, 2004).
Published 08 Jun, 2004 12:00am
Salary package for school teachers to be introduced in budget: Zobaida

Salary package for school teachers to be introduced in budget: Zobaida

Federal Minister for Education, Zobaida Jalal while talking the Mutahida Teachers Front delegation here on Monday said that the government had decided to introduce a handy package for the government school teachers in the coming budget through out the cou
Published 08 Jun, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 07, 2004).
Published 08 Jun, 2004 12:00am
'Paper importers' custom problems to be solved'

'Paper importers' custom problems to be solved'

Muhammad Yakoob, Senior Vice-Chairman, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) standing committee on customs, has assured the importers of paper that he would soon get resolved the important outstanding issues through dialogue and
Published 08 Jun, 2004 12:00am
Polypropylene bags import from EPZ: plea to finance minister

Polypropylene bags import from EPZ: plea to finance minister

Pakistan Polypropylene Woven Sack Manufacturers Association (PPWSMA) has sought the intervention of the Finance Minister to delete polypropylene bags from the list of importable items from the Export Processing Zone (EPZ) into Pakistan.
Published 08 Jun, 2004 12:00am
Action against corrupt irrigation officials sought

Action against corrupt irrigation officials sought

President of Kissan Welfare Council Mohammed Ayub Advocate has urged President Pervez Musharraf to direct the National Accountability Bureau (NRB) to hold inquiry against corrupt irrigation officials, especially in Rahim Yar Khan district where the settle
Published 08 Jun, 2004 12:00am
HEC and Punjab University hold workshop

HEC and Punjab University hold workshop

Higher Education Commission (HEC) in collaboration with the Punjab University (PU) organised a six-day workshop on the topic of 'Microbiological and Genetical Techniques' for the teachers of degree colleges.
Published 08 Jun, 2004 12:00am
Key stock market movements at 1700 GMT on June 07

Key stock market movements at 1700 GMT on June 07

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 08 Jun, 2004 12:00am
River inflows and outflows

River inflows and outflows

The inflows/outflows at Tarbela, Mangla and Chashma along with the reservoirs levels and the barrages at 6:00am on Monday.
Published 08 Jun, 2004 12:00am
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Monday.
Published 08 Jun, 2004 12:00am
PLF case could not be proceeded

PLF case could not be proceeded

The Lahore High Court (LHC) could not proceed with the 'objection case' filed by President Lawyer's Forum (PLF) challenging the election of General Pervez Musharraf as President of Pakistan.
Published 08 Jun, 2004 12:00am
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Monday.
Published 08 Jun, 2004 12:00am
Private sector being strengthened for uplift

Private sector being strengthened for uplift

Punjab Chief Minister Chaudhry Pervaiz Elahi has said that private sector is being strengthened to expedite the pace of social development and the government is providing conducive atmosphere to the private sector for boosting economic activities in the p
Published 08 Jun, 2004 12:00am
The Weather

The Weather

The weather report on Monday (June 07) and the forecast for Tuesday (June 08, 2004).
Published 08 Jun, 2004 12:00am
AHI seeks return of nationalised schools

AHI seeks return of nationalised schools

Anjuman Himayat-e-Islam (AHI) has made an appeal to the Punjab Governor, the Chief Minister and the District Nazim to return six nationalised schools belonging to the Anjuman.
Published 08 Jun, 2004 12:00am
6,160 kg opium seized; four held

6,160 kg opium seized; four held

The anti-smuggling squad of Lahore Customs has seized 154 bags of opium weighing 6,160 kg and arrested four persons.
Published 08 Jun, 2004 12:00am
Review petition against LFO filed

Review petition against LFO filed

Tasneem Shaukat Khan President women wing Watan Party has filed a review petition against the decision of Supreme Court of Pakistan pertaining to Legal Framework Order (LFO).
Published 08 Jun, 2004 12:00am
Workshop held on data management

Workshop held on data management

Human Resource Development Centre of the Punjab University in collaboration with Academy of Education Planning and Management organised a six-day workshop on data management and its use for development of education at the University's Environmental Law Ce
Published 08 Jun, 2004 12:00am
Operation clean-up flayed

Operation clean-up flayed

The Lahore Chamber of Commerce and Industry (LCCI) President, Mian Anjum Nisar, has strongly criticised the operation clean up being carried out by the district government against encroachments in Beadon Road glass market and said that such action without
Published 08 Jun, 2004 12:00am
LHC issues notice to special education director

LHC issues notice to special education director

The Lahore High Court issued notice to Director (special education) for June 08, in a petition filed by Afzal Hussain and others praying to the court to direct the respondent to issue interview call to them.
Published 08 Jun, 2004 12:00am
CDGL approves 30 percent 'sanitation tax'

CDGL approves 30 percent 'sanitation tax'

The District Council Lahore in its meeting here on Monday approved levy of 'sanitation tax' by Wasa @ 30 percent of the water charges amid opposition boycott.
Published 08 Jun, 2004 12:00am
Masses urged to keep family units small

Masses urged to keep family units small

There is no restrain in Islam in using 'fair means' of family planning in reproductive health, hence our leadership and religious scholars must play their due role in guiding the people about keeping their family units small.
Published 08 Jun, 2004 12:00am
Shia ulema oppose sending troops to Iraq

Shia ulema oppose sending troops to Iraq

Representatives of Shia Ulema have urged the government to review its policy on Iraq and also abstain from sending Pakistani troops to Iraq.
Published 08 Jun, 2004 12:00am
Hearing adjourned

Hearing adjourned

The Lahore High Court (LHC) on Monday adjourned to June 14, the proceedings in a petition filed by Sheikh Amjad Aziz, praying to the court to review the decision of Election Tribunal of unseating him as Member of the Provincial Assembly.
Published 08 Jun, 2004 12:00am
Disharmony in the federation

Disharmony in the federation

The Indus River System Authority (IRSA) has constituted yet another 'technical' committee to study the unexpectedly higher water shortage in the Kharif season that ends June 10.
Published 08 Jun, 2004 12:00am
US top spies go home

US top spies go home

CIA Director George Tenet resigned on Thursday, saying he needed to spend more time with his family. Announcing the resignation President George W Bush insisted that his intelligence chief had called it quits for "personal reasons."
Published 08 Jun, 2004 12:00am
Islamic banking is a reality

Islamic banking is a reality

The global financial services industry is witnessing a rapid rise in the demand for Islamic Banking services. This demand has essentially been fuelled by the need of Muslims the world over to ensure that their financial and economic dealings are in accord
Published 08 Jun, 2004 12:00am
UAE award for Shaukat Khanum Hospital

UAE award for Shaukat Khanum Hospital

The pride of any nation lies in the strength of its state in ideological, economic, social and cultural perspective, where there is no racism, no discrimination among affluent and lower classes and the government gives privileges to every citizen regardin
Published 08 Jun, 2004 12:00am
Prisoners at Guantanamo Bay

Prisoners at Guantanamo Bay

What happened at Abu Gharaib prison in Iraq is spine chilling. Only a part of the story has surfaced and time perhaps will tell "the whole story". It is not the conduct of a few maniacs, but perhaps it was organised at a high level in the chain of command
Published 08 Jun, 2004 12:00am
Nazim remanded in police custody

Nazim remanded in police custody

Muhammad Sohail, Judicial Magistrate, Orangi Town on Monday remanded Shahid Alam alias Guddu Bihari Nazim Orangi Town to police custody till June 10 in two different cases registered in Mominabad Police and Pakistan Bazar Police of Orangi Township.
Published 08 Jun, 2004 12:00am
Marble export can fetch $40 million annually

Marble export can fetch $40 million annually

Due to raise in the demand in the international market, Pakistan, in an organised manner, can earn $40 million annually from export of marble and granite.
Published 08 Jun, 2004 12:00am
Iranian exhibition in Peshawar soon

Iranian exhibition in Peshawar soon

First Consular Islamic Republic of Iran, Ghulam Hussain Iqbali has said that a delegation of Iranian traders would visit Peshawar to hold an exhibition of their products.
Published 08 Jun, 2004 12:00am
NWFP government asked to exempt 5-marla houses from tax

NWFP government asked to exempt 5-marla houses from tax

The Nifaz-i-Shariah Council (NSC) of the MMA has asked the NWFP provincial government to exempt five and less than five marla houses from property tax, while retain taxes on arms and private cars.
Published 08 Jun, 2004 12:00am
Approach to Kashmir issue to be critical in Pak-India talks

Approach to Kashmir issue to be critical in Pak-India talks

Pakistan's High Commissioner to the UK, Dr Maleeha Lodhi, underlined on Monday that approach to the long-standing Kashmir dispute will be critical in Pak-India dialogue, saying the two South Asian nations need to preserve agreements and the CBMs and maint
Published 08 Jun, 2004 12:00am
Prompt compensation to Tasman Spirit victims ordered

Prompt compensation to Tasman Spirit victims ordered

Minister for Communication, Babar Khan Ghauri while chairing a meeting convened to resolve the issue of claims of the stakeholders of M T Tasman Spirit on Monday directed the concerned authorities to forcefully plead the case for compensation to affectees
Published 08 Jun, 2004 12:00am
Police directed to beef up security

Police directed to beef up security

The Inspector General Police NWFP Muhammad Raffat Pasha has directed Kohat region police officers to further beef up security measures by ensuring sectarian harmony and pre-empt and prevent all kind of terrorist activities well in time.
Published 08 Jun, 2004 12:00am
Thai stocks fall on petrol price cut

Thai stocks fall on petrol price cut

Thai stocks closed slightly lower in thin trade on Monday amid worries a government decision to cut a petrol price subsidy would further pressure an economy that has grown slower than expected this year.
Published 08 Jun, 2004 12:00am
Chinese shares close down

Chinese shares close down

China's shares closed down on Monday as investors sold two listed brokerages after an official newspaper reported regulators were probing illegal asset management products by a raft of securities houses.
Published 08 Jun, 2004 12:00am
Sri Lankan stocks soar

Sri Lankan stocks soar

Sri Lankan stocks edged higher on Monday on retail buying in small counters but most blue chips were lacklustre, with institutional investors worried over the economy and a lack of progress in the island's peace process.
Published 08 Jun, 2004 12:00am
Seoul shares finish firmer

Seoul shares finish firmer

South Korean shares ended 3.7 percent higher on Monday, as a dip in oil prices and robust US jobs data sparked a buying spree in large cap shares such as market leader Samsung Electronics Co Ltd.
Published 08 Jun, 2004 12:00am
Indian shares rise cautiously

Indian shares rise cautiously

Indian stocks rose cautiously as investors awaited clearer signals on the new government's budget and the vital monsoon rains.
Published 08 Jun, 2004 12:00am
Philippines stocks dip, political woes weigh

Philippines stocks dip, political woes weigh

Philippine stocks led by telecom leader PLDT closed lower on Monday due to political uncertainty and worries over law and order following an attack on a building in Manila's financial district by suspected communist rebels.
Published 08 Jun, 2004 12:00am
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