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Print - 2004-06-10
Reducing poverty or income redistribution?

Reducing poverty or income redistribution?

The State Bank of Pakistan (SBP) Governor delivered an address on the 26th May, 2004, under the above caption, in the pre-budget seminar organised by an English daily at Lahore.
Published 10 Jun, 2004 12:00am
The new UNSC resolution on Iraq

The new UNSC resolution on Iraq

After weeks of discussions and haggling over details, the UN Security Council has finally passed a US-British joint resolution on Iraq. The non-contentious part of the resolution says that direct democratic elections are to be held by December 31, 2004, a
Published 10 Jun, 2004 12:00am
Seeking advice on trade policy

Seeking advice on trade policy

For the first time the Ministry of Commerce has secured the assistance of the United Nations Development Programme (UNDP) in the preparation of the Trade Policy.
Published 10 Jun, 2004 12:00am
51km-long gas line completed

51km-long gas line completed

Fifty-one km long gas pipeline completed at a cost of Rs 700 million in Pishin district was commissioned on Tuesday.
Published 10 Jun, 2004 12:00am
Gujrat to have university

Gujrat to have university

Punjab government has decided to establish a University at Gujrat to facilitate the people of central Punjab as well as to reduce the pressure on existing universities in the province.
Published 10 Jun, 2004 12:00am
UNHCR hires plane to carry Pakistan's relief tents to Sudan

UNHCR hires plane to carry Pakistan's relief tents to Sudan

An Illushyn-76 transport aircraft chartered by the UN High Commissioner for Refugees (UNHCR) will leave Karachi on Wednesday with the last of 7,000 Pakistan manufactured tents purchased to house Sudanese refugees fleeing to neighbouring Chad.
Published 10 Jun, 2004 12:00am
US assures long-term business relations

US assures long-term business relations

The United States is committed to develop long-term business and trade relations with Pakistan to assist it on its path to sustainable growth.
Published 10 Jun, 2004 12:00am
Musharraf for enhanced trade ties with China

Musharraf for enhanced trade ties with China

President General Pervez Musharraf on Wednesday called for enhanced trade and economic relations with China to match the level of political relationship between the two countries.
Published 10 Jun, 2004 12:00am
Weather pundits forecast extra stress

Weather pundits forecast extra stress

The national weather forecasters believe that the next half-century will bring about an additional stress over "already resource-stressed country" through monsoon circulation, higher surface temperatures and the increase in frequency and magnitude of rain
Published 10 Jun, 2004 12:00am
Show-cause notice issued to Islamabad mosque Khateeb

Show-cause notice issued to Islamabad mosque Khateeb

Islamabad Capital Territory (ICT) Administration has issued show-cause notice to the Khateeb of Markazi Mosque (Lal Masjid) Aabpara for provoking the sentiments of public against the Army operation in Wana, it was learnt on Wednesday.
Published 10 Jun, 2004 12:00am
Pakistan to urge nations to promote fair trade

Pakistan to urge nations to promote fair trade

Pakistan will urge world nations at United Nations Conference on Trade and Development (Unctad) conference being held in Brazil from June 11 to encourage innovative measures to promote a fair trade and investment.
Published 10 Jun, 2004 12:00am
Haj tour operators registration starts

Haj tour operators registration starts

The Ministry of Religious Affairs, Zakat and Ushr has started registration of tour operators and group organisers for Haj-2005.
Published 10 Jun, 2004 12:00am
Soomro to represent Pakistan at Reagan's funeral

Soomro to represent Pakistan at Reagan's funeral

Chairman Senate Mohammedmian Soomro left here on Wednesday for Washington D.C. to represent Pakistan at the state funeral of the late US President Ronald Reagan, scheduled for Friday.
Published 10 Jun, 2004 12:00am
TwinOxide director calls on Soomro

TwinOxide director calls on Soomro

A delegation of TwinOxide International an industrial water solutions company of Netherlands, led by its director, Sloris called on the chairman senate, Mohammedmian Soomro here at his residence.
Published 10 Jun, 2004 12:00am
Jamali reiterates support to Turkey

Jamali reiterates support to Turkey

Prime Minister Mir Zafarullah Khan Jamali on Wednesday assured a special envoy of the Turkish President about Pakistan's continued support for the resolution of the Cyprus issue in accordance with the aspirations of the Turkish community in the island.
Published 10 Jun, 2004 12:00am
High population growth has serious implications

High population growth has serious implications

High population growth has serious implications on the provision of healthcare services, educational and residential facilities, job opportunities, food and other basic amenities of life, and population in the country was growing at a rate which was absor
Published 10 Jun, 2004 12:00am
CDC launches management training programme

CDC launches management training programme

The Central Depository Company (CDC) on Wednesday launched its management training programme which is aimed at educating investors, members and brokers in the stock market about share deposit functions being launched by the company from the next month.
Published 10 Jun, 2004 12:00am
Judges appointment case hearing on June 10

Judges appointment case hearing on June 10

The Lahore High Court (LHC) will proceed with a petition filed against the appointment of five additional judges in the LHC on Thursday, June 10.
Published 10 Jun, 2004 12:00am
Inflows and outflows of rivers

Inflows and outflows of rivers

The inflows/outflows at Tarbela, Mangla and Chashma along with the reservoirs levels and the barrages at 6 am on Wednesday.
Published 10 Jun, 2004 12:00am
MTM students convention on June 21

MTM students convention on June 21

Mutehida Talba Mahaz (MTM) will hold 'students convention' in Islamabad on June 21, in which representatives of students from over 56 public and private sector educational institutions would participate.
Published 10 Jun, 2004 12:00am
'World shifted to a knowledge-based economy'

'World shifted to a knowledge-based economy'

Productivity, performance and quality of work could be increased through proper and effective training, therefore development system must be adopted in all organisations and institutions.
Published 10 Jun, 2004 12:00am
International Co-operation in the Agriculture Sector

International Co-operation in the Agriculture Sector

About 29 percent of Pakistan's total land area is cultivated. Agriculture and related activities, including fishing, engage 48.4 percent of the workforce and provide 24.5 percent of the GDP.
Published 10 Jun, 2004 12:00am
Strategy for agriculture sector by on Looker

Strategy for agriculture sector by on Looker

To translate into projects designed to achieve self sufficiency, surpluses as raw material for industry and exports, for reduction in poverty and for creating employment opportunities.
Published 10 Jun, 2004 12:00am
Role of private educational institutions praised

Role of private educational institutions praised

Speaker Azad Jammu and Kashmir Legislative Assembly Sardar Khalid has appreciated the role of private sector educational institutions for the imparting of quality education to new generation and urged the public sector educators to take effective measures
Published 10 Jun, 2004 12:00am
Message from President Zarai Taraqiati Bank Limited

Message from President Zarai Taraqiati Bank Limited

Restructured ZTBL has been focusing on introducing farmer - friendly initiatives to facilitate agricultural uplift in this country. The products and services of ZTBL have been specifically designed to meet the multiple problems of the farmers at all level
Published 10 Jun, 2004 12:00am
Three new underpasses to be constructed in Lahore

Three new underpasses to be constructed in Lahore

Three new underpasses would be constructed in the new fiscal year in order to ensure smooth flow of traffic in the provincial capital, while the Lahore Ring road project would be initiated in July.
Published 10 Jun, 2004 12:00am
Hearing put off in PLF petition

Hearing put off in PLF petition

The Lahore High Court (LHC) on Wednesday put off to June 14, the proceedings in a petition filed by President People's Lawyers Forum (PLF) praying to the court to hold accountable military generals as well as judges.
Published 10 Jun, 2004 12:00am
Former Multan mayor gets 10 years jail

Former Multan mayor gets 10 years jail

An accountability court on Wednesday convicted a former mayor Multan, Shaukat Ali Dogar, for 10 years and a fine of Rs one million.
Published 10 Jun, 2004 12:00am
Message from Chief Minister NWFP

Message from Chief Minister NWFP

I congratulate the Federal Ministry of Agriculture on holding Farmers' Convention for development of agriculture and livestock and welfare of farmers at the national level.
Published 10 Jun, 2004 12:00am
Message from Chief Minister Punjab

Message from Chief Minister Punjab

Agriculture Sector is the single largest employer and backbone of our national economy. Government of the Punjab has, therefore, taken a number of multi-dimensional initiatives to achieve self-reliance and sustainable growth in this sector.
Published 10 Jun, 2004 12:00am
Peace rally held in Hyderabad

Peace rally held in Hyderabad

Participation of people from all walks of life in peace and solidarity rally indicated the repugnance that masses have against all kind of terrorist activities in the country.
Published 10 Jun, 2004 12:00am
Message from Minister for Food, Agriculture and Livestock

Message from Minister for Food, Agriculture and Livestock

Agricultural growth in Pakistan over last four decades has taken place at a rate of 4.3 percent per annum. The green revolution of sixties and Pakistanis investment in water and agricultural infrastructure facilitated to accomplish this magnificent perfor
Published 10 Jun, 2004 12:00am
Sindh growers laud watercourses lining project

Sindh growers laud watercourses lining project

Leaders of growers community unanimously lauded the watercourses lining project launched by President Musharraf to line 29000 watercourses in Sindh to minimise the water conveyance losses, but the community showed strong reservations about other disciplin
Published 10 Jun, 2004 12:00am
Message from Prime Minister of Pakistan

Message from Prime Minister of Pakistan

I am happy to know that the Ministry of Food, Agriculture & Livestock is holding a Formers' Convention in Islamabad. I shall be happier still if the occasion is used by the Ministry to establish a relationship of trust and confidence with organisations re
Published 10 Jun, 2004 12:00am
Message from President of the Islamic Republic of Pakistan

Message from President of the Islamic Republic of Pakistan

Pakistan is predominantly an agro-based economy. Overall annual growth of the country is greatly influenced by the performance of agriculture sector. The Kisan Convention is therefore an apt occasion to place agriculture at the forefront.
Published 10 Jun, 2004 12:00am
The Weather

The Weather

The weather report on Wednesday (June 09) and the forecast for Thursday (June 10, 2004).
Published 10 Jun, 2004 12:00am
Senate body discusses Boeing purchase and 11 Fokker sale

Senate body discusses Boeing purchase and 11 Fokker sale

The 'controversial' purchase of Boeing-777 airbuses, replacement of their seats and sale of 11 Fokker aircraft dominated the meeting of the Senate standing committee on defence here on Wednesday.
Published 10 Jun, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.
Published 10 Jun, 2004 12:00am
Sindh Assembly summoned

Sindh Assembly summoned

Sindh Governor Dr Ishratul Ibad in exercise of his powers conferred upon him under Clause (1) of Article 109 of the Constitution of Pakistan and other provisions enabling him in this behalf, has summoned the Sindh Assembly meeting at 5:30 pm on Thursday f
Published 10 Jun, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.
Published 10 Jun, 2004 12:00am
Nespak to set up Balochistan University campus

Nespak to set up Balochistan University campus

The National Engineering Services of Pakistan (Nespak) has signed a consultancy agreement with Balochistan University of Information Technology and Management Sciences (BUITMS) for planning and designing of the new campus to be built near Quetta.
Published 10 Jun, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (June 09, 2004)
Published 10 Jun, 2004 12:00am
'Feudal class hindering spread of education'

'Feudal class hindering spread of education'

The feudal class has been a great hindrance in spread of education in the country. Standing Committee on Education Chairperson Senator Rozeena A. Alam stated this here on Wednesday.
Published 10 Jun, 2004 12:00am
Key stock market movements at 1700 GMT on June 09

Key stock market movements at 1700 GMT on June 09

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 10 Jun, 2004 12:00am
Rahim vows to establish writ of government

Rahim vows to establish writ of government

Sindh Chief Minister Dr Arbab Ghulam Rahim has said that he would establish writ of the government at all costs and provide protection to the people of Sindh against poor police administration, inadequate social justice and acts of terrorism continuing un
Published 10 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 10 Jun, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
Proposal for federal education boards opposed

Proposal for federal education boards opposed

Educators and education experts have strongly opposed and criticised the proposal for creation of separate army secondary and intermediate boards and expressed fear that the change would provide favourable opportunity to army institutions' students for oc
Published 10 Jun, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
Budget to focus on developing farm sector: Rind

Budget to focus on developing farm sector: Rind

Food, Agriculture and Livestock, Minister Yar Mohammad Rind said on Wednesday, the Budget 2004-05 will focus on the development and promotion of agriculture sector with some relief measures for farmers.
Published 10 Jun, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
Sindh labour secretary relieved

Sindh labour secretary relieved

The Sindh government has relieved Raja Mohammad Abbas, an officer of DMG (BS-20), secretary, Labour, Transport, Industries and Commerce Department to join his new assignment in the Punjab government.
Published 10 Jun, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (June 09) and rates for Thursday (June 10, 2004).
Published 10 Jun, 2004 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced that the offer and bid price per unit for the following funds effective from Thursday, June 10, 2004.
Published 10 Jun, 2004 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced that the offer and bid price per unit for the following funds effective from Thursday, June 10, 2004.
Published 10 Jun, 2004 12:00am
Faletti's status as 'protected premises' urged

Faletti's status as 'protected premises' urged

Lahore Conservation Society has expressed a grave concern over the risk of a high rise building to replace the historic Faletti's hotel, observing that apart from adding to traffic congestion and pollution, this would also be a security risk to the adjace
Published 10 Jun, 2004 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced that the offer and bid price per unit for the following funds effective from Thursday, June 10, 2004.
Published 10 Jun, 2004 12:00am
SHC admits Qadir Tawwakal's appeal

SHC admits Qadir Tawwakal's appeal

An Appellate bench of High Court of Sindh (SHC) on Wednesday admitted an appeal preferred by Abdul Qadir Tawwakal of Tawwakal group of companies against conviction and sentence awarded by an Accountability Court at Karachi.
Published 10 Jun, 2004 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
Pak-UK defence forum meets on June 10

Pak-UK defence forum meets on June 10

A 2-day meeting of Pak-UK Defence Co-operation Forum being held here from June 10 to discuss ways and means to further cement defence relations between the two countries.
Published 10 Jun, 2004 12:00am
Rs 6 billion allocated for Punjab water schemes

Rs 6 billion allocated for Punjab water schemes

About Rs six billion would be spent during the next fiscal year for providing pure water to Punjab residents, Provincial Minister for Public Health Engineering, Mushtaq Ahmad Kayani said in an interview with PTV on Wednesday.
Published 10 Jun, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
One million jobs projected in budget

One million jobs projected in budget

Pakistan hopes that a billion-dollar boost to the housing and infrastructure sectors will create one million new jobs for its impoverished people as it is set to unveil its forthcoming budget.
Published 10 Jun, 2004 12:00am
NWFP MPAs asked to prepare uplift schemes for next ADP

NWFP MPAs asked to prepare uplift schemes for next ADP

NWFP Chief Minister Akram Khan Durrani has asked all the members of the provincial assembly (MPAs) to prepare their developmental schemes through consultation so that these could be included in the new Annual Development Programme (ADP), as he had convene
Published 10 Jun, 2004 12:00am
Rais to attend moot in Kyrgyzstan

Rais to attend moot in Kyrgyzstan

Rais Munir Ahmed, Minister of State for Minorities, Culture, Sports, Tourism, and Youth Affairs will attend an international conference on "Eurasia in 21st Century: Dialogue of Cultures or Conflict of Civilisations," being held in Kyrgyzstan from June 10-
Published 10 Jun, 2004 12:00am
Balochistan to have deficit budget

Balochistan to have deficit budget

Balochistan budget for 2004-05, to be presented in the provincial assembly between June 15 and June 20, would be a deficit budget with top most priority on education, communication and health.
Published 10 Jun, 2004 12:00am
THE RUPEE: rates slip in open market

THE RUPEE: rates slip in open market

The rupee-dollar parity rates on Wednesday drifted lower in the open market, losing five paisa at Rs 58.25 and Rs 58.30 for buying and selling, respectively.
Published 10 Jun, 2004 12:00am
PTCL carelessness regretted

PTCL carelessness regretted

Mohammad Saeed Shafiq, Senior Vice President of Karachi Chamber of Commerce and Industry (KCCI), in a communication to the Chairman, Pakistan Telecommunication Co Ltd, has regretted the poor performance of PTCL, Karachi.
Published 10 Jun, 2004 12:00am
THE RUPEE: rates slip in open market

THE RUPEE: rates slip in open market

The rupee-dollar parity rates on Wednesday drifted lower in the open market, losing five paisa at Rs 58.25 and Rs 58.30 for buying and selling, respectively.
Published 10 Jun, 2004 12:00am
CNG industry seeks continuity of tax exemptions

CNG industry seeks continuity of tax exemptions

The compressed natural gas (CNG) industry has sought continuity of exemption of taxes for potential investment in the country's fastest growing industry in the forthcoming Federal Budget 2004-05.
Published 10 Jun, 2004 12:00am
Government to consider idea for establishing carpet city in trade policy

Government to consider idea for establishing carpet city in trade policy

The government has assured carpet manufacturers and exporters that the idea of establishing Carpet City will be considered while formulating new Trade Policy, a spokesman of Pakistan Carpet Manufacturers & Exporters Association (PCMEA) said here on Wednes
Published 10 Jun, 2004 12:00am
Majid Nizami felicitated

Majid Nizami felicitated

A large number of newspaper editors in the country have sent messages of felicitations to Majid Nizami, the Editor in Chief of the Nawai Waqt, on having received the award as the best newspaper of Pakistan in the year 2004 from the Pakistan Advertising As
Published 10 Jun, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (June 09, 2004).
Published 10 Jun, 2004 12:00am
FPCCI to send trade team to Iran

FPCCI to send trade team to Iran

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is planning to send a trade delegation to Iran.
Published 10 Jun, 2004 12:00am
Arab envoys advised to promote trade with Pakistan

Arab envoys advised to promote trade with Pakistan

The visiting Secretary-General of the Islamic Chamber of Commerce and Industry, Dr Aqeel Al-Jassem commended to the Council of Arab Ambassadors in Pakistan greater commercial and investment relations with Pakistan.
Published 10 Jun, 2004 12:00am