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Print - 2004-08-21
US MIDDAY: coffee plunges

US MIDDAY: coffee plunges

NYBOT arabica coffee futures ended slightly down on Friday, with the bulk of activity focused on spread trading between the two front contracts ahead of September's first notice next week, traders said.
Published 21 Aug, 2004 12:00am
US MIDDAY: sugar mostly steady

US MIDDAY: sugar mostly steady

NYBOT raw sugar futures ended largely flat Friday in quiet business featuring modest trade buying, with analysts saying the sweetener appears to be stabilising around its current levels for now.
Published 21 Aug, 2004 12:00am
US MIDDAY: wheat down

US MIDDAY: wheat down

Soft red winter wheat futures at the Chicago Board of Trade were easing back early Friday after this week's chart-based buying, traders said.
Published 21 Aug, 2004 12:00am
US MIDDAY: corn weaker

US MIDDAY: corn weaker

Corn futures at the Chicago Board of Trade were weaker early Friday on a mild profit-taking setback from the jump in prices on Thursday, traders said.
Published 21 Aug, 2004 12:00am
US MIDDAY: soyabeans sag

US MIDDAY: soyabeans sag

Chicago Board of Trade soyabean futures were lower early Friday on profit-taking ahead of the weekend and relief that overnight US temperatures were not cold enough to damage the crop, brokers said.
Published 21 Aug, 2004 12:00am
US MIDDAY: gold and silver at 4-month high

US MIDDAY: gold and silver at 4-month high

Gold futures soared to a four-month peak early Friday as record high crude oil prices and inflation fears drew investors to the precious metal considered a safe-haven asset, dealers said.
Published 21 Aug, 2004 12:00am
Nadra ensures provision of CNICs to Hajis

Nadra ensures provision of CNICs to Hajis

National Database and Registration Authority (Nadra) has made comprehensive arrangements to ensure that all Hajis are issued Computerised National Identity Cards (CNICs) by August 25, 2004 the due date announced by Ministry of Haj and Religious Affairs fo
Published 21 Aug, 2004 12:00am
Rawal lake polluters issued summons

Rawal lake polluters issued summons

As part of the government efforts for provision of clean drinking water to residents of twin cities, the Pakistan Environmental Protection Agency (Pak-EPA) on Friday issued summon notices to polluters of the lake.
Published 21 Aug, 2004 12:00am
Sessi officials urged to facilitate secured workers

Sessi officials urged to facilitate secured workers

The Sindh Employees Social Security Institutions (Sessi) Commissioner Gul Muhammad Rind has urged the social security officers to serve the cause of secured workers with dedication.
Published 21 Aug, 2004 12:00am
Caltex told to deposit Rs 30 million in sales tax case

Caltex told to deposit Rs 30 million in sales tax case

A two-member bench of the Supreme Court, headed by Justice Mohammad Nawaz Abbasi, on Friday referred appeal of Caltex Oil Pak Ltd in a sales tax case to Customs, Excise and Sales Tax Appellate Tribunal and asked the company to furnish Rs 30 million guaran
Published 21 Aug, 2004 12:00am
Caltex told to deposit Rs 30 million in sales tax case

Caltex told to deposit Rs 30 million in sales tax case

A two-member bench of the Supreme Court, headed by Justice Mohammad Nawaz Abbasi, on Friday referred appeal of Caltex Oil Pak Ltd in a sales tax case to Customs, Excise and Sales Tax Appellate Tribunal and asked the company to furnish Rs 30 million guaran
Published 21 Aug, 2004 12:00am
Petition filed against PML-N MPA's election

Petition filed against PML-N MPA's election

A candidate of Pakistan People's Party (Parliamentarians) from PP-10, Punjab, Masood Akhtar, filed an additional petition in the Supreme Court of Pakistan against Abrar Ahmed, MPA, for restricting him from attending the assembly sessions by suspending imp
Published 21 Aug, 2004 12:00am
58th Independence Day

58th Independence Day

As a keen reader of your newspaper and also of an average of 15 to 20 other English newspapers it gives me pleasure to convey my views on a very important issue.
Published 21 Aug, 2004 12:00am
Port enzyme in foods

Port enzyme in foods

Ajinomoto (monosodium glutamate) is very widely used as a flavour enhancer in the preparation of all foods by restaurants, caterers, fast food outlets, and in many houses. It is also added in many of the packed masalas (spices).
Published 21 Aug, 2004 12:00am
Freedom connections at a price!

Freedom connections at a price!

I recently encountered a nightmare in the form of a lynch mob in my innocent attempt to acquire a cell phone connection. Ufone announced the distribution of free connections on Independence Day.
Published 21 Aug, 2004 12:00am
Under fire, Philippine journalists turn to guns

Under fire, Philippine journalists turn to guns

Veteran print and radio journalist Juan Balagtas does not leave his home in the volatile southern Philippine city of Zamboanga without a loaded .45 calibre handgun.
Published 21 Aug, 2004 12:00am
Difficulties in filing Sales tax

Difficulties in filing Sales tax

Commercial importers are facing difficulties in filing their Sales Tax Returns due to the unconceivable format of the return. Kindly refer to the format of Sales Tax Return-Cum-Payment Challan for Commercial Importers under Rule 12 (Annexure B), Chapter I
Published 21 Aug, 2004 12:00am
CPLC gesture to Karachi SMEs

CPLC gesture to Karachi SMEs

Rather strange though it may sound, a news report has it that the Union of Small and Medium Enterprises (Unisame) had a meeting with the Citizen Police Liaison Committee (CPLC) Chief Sharafuddin Memon, the other day, with a view to evolving a foolproof sy
Published 21 Aug, 2004 12:00am
Uncertainty involving advance tax ruling

Uncertainty involving advance tax ruling

According to a report in this paper the other day, six intending foreign investors described as non-resident companies have approached the Central Board of Revenue to seek advance ruling on the intricacies of various types of tax liabilities which they wo
Published 21 Aug, 2004 12:00am
'KESC sell-off to hamper industrialisation'

'KESC sell-off to hamper industrialisation'

The privatisation of Karachi Electric Supply Corporation (KESC) will not only render hundreds of people unemployed, but also hamper industrialisation process.
Published 21 Aug, 2004 12:00am
Qazi slams disgrace of Hazrat Ali's (RA) mausoleum

Qazi slams disgrace of Hazrat Ali's (RA) mausoleum

Qazi Hussain Ahmed head of Jamaat-e-Islami Pakistan at a gathering at Mansoora on Friday has criticised US bombing at the Mausoleum of Hazrat Ali (AS) in Najaf-e-Ashraf.
Published 21 Aug, 2004 12:00am
PCMA foresees more prosperity under Shaukat

PCMA foresees more prosperity under Shaukat

The Pakistan Cloth Merchants Association (PCMA) has expressed confidence that Pakistan will make further progress and prosper under Shaukat Aziz's stewardship as Prime Minister.
Published 21 Aug, 2004 12:00am
Engineering exhibition from August 24

Engineering exhibition from August 24

Engineering Professionals of Pakistan, a body of engineers is holding an Electrical & Electronics Engineering Products & Services Exhibition here at Al-Hamra Art Gallery from 24th to 26th August 2004.
Published 21 Aug, 2004 12:00am
Onion and potato prices soar

Onion and potato prices soar

The shortage of two essential commodities, onions and potatoes, has put the consumers in constant dilemma due to the soaring prices of these two items in the retail market and there is no hope for relief in the prices in the near future.
Published 21 Aug, 2004 12:00am
SPORTS WORLD: PCB affairs - Musharraf's intervention inevitable

SPORTS WORLD: PCB affairs - Musharraf's intervention inevitable

As the tug of war between Pakistan Cricket Board (PCB) Chairman Shaharyar M. Khan and politicians in the Senate Standing Committee on Sports has taken a new turn, intervention of the PCB Chief Patron, President Pervez Musharraf, is almost inevitable.
Published 21 Aug, 2004 12:00am
Plea against land auction dismissed in limine

Plea against land auction dismissed in limine

A division bench of High Court of Sindh (SHC) comprising Chief Justice Saiyed Saeed Ashhad and Justice Syed Zawwar Hussain Jaffery on Friday dismissed in limine an appeal filed by Shahid Umar, former owner of land which was later auctioned and allotted to
Published 21 Aug, 2004 12:00am
SPORTS WORLD: Democratisation, not oligarchy needed in PCB

SPORTS WORLD: Democratisation, not oligarchy needed in PCB

Rameez Raja's telephonic resignation from the post of Chief Executive of the cricket board has created doubts in the game's circles that the former incumbent of the post may stage a comeback to the corridors of power at the Qadhafi Stadium.
Published 21 Aug, 2004 12:00am
BRIDGE NOTES: Safety play - an indispensable line of play

BRIDGE NOTES: Safety play - an indispensable line of play

Safety play is a term for a comprehensive bridge technique of play that is employed by the declarer to achieve success in making a contract. This technique, among others, is of vital importance, which requires a cool head and planning. It certainly obviat
Published 21 Aug, 2004 12:00am
PPP to challenge Tharparkar by-poll: Khuhro

PPP to challenge Tharparkar by-poll: Khuhro

The Pakistan People's Party (PPP) has decided to challenge by-election in NA-229 Tharparkar-I and cancel membership and offices of all those PPP leaders and workers who supported PML candidate Finance Minister Shaukat Aziz.
Published 21 Aug, 2004 12:00am
LAHORE CULTURAL DIARY: The rise and fall of classical music

LAHORE CULTURAL DIARY: The rise and fall of classical music

Music has been played on instruments, vocalised and enjoyed by the humans since time immemorial' although its role as a social accoutrement has not yet been determined during early days of recorded history.
Published 21 Aug, 2004 12:00am
Pakistan to take part in Brazil's Housewares Fair

Pakistan to take part in Brazil's Housewares Fair

Brazil is the fifth largest country in the world has the eighth largest economy and the largest in South America with a population of 173 million. The Brazilian market offers immense potential for Pakistani products.
Published 21 Aug, 2004 12:00am
LAHORE CULTURAL DIARY: A few thought-provoking activities

LAHORE CULTURAL DIARY: A few thought-provoking activities

The pick of the week a la cultural activities undoubtedly were Independence Day-related programmes presented in Lahore by educational, social, cultural and sports organisations, including the Lahore Arts Council, the Nazria Pakistan Foundation, City Distr
Published 21 Aug, 2004 12:00am
Raid on cinema dominates Sindh Assembly proceedings

Raid on cinema dominates Sindh Assembly proceedings

The issue of raid on a local cinema under the supervision of Sindh Home Minister Rauf Siddiqui and arrest of over 40 prostitutes and 100 viewers dominated Sindh Assembly session proceedings on Friday and opposition bitterly criticised the government for v
Published 21 Aug, 2004 12:00am
Youth in an inter-generational society

Youth in an inter-generational society

Youth is the future of every country. Young people are key agents for social change, economic development and technological innovations.
Published 21 Aug, 2004 12:00am
Musharraf reviews Tameer-e-Karachi programme progress

Musharraf reviews Tameer-e-Karachi programme progress

President General Pervez Musharraf has said that if the present pace of progress of Tameer-e-Karachi Programme is sustained the overall look of Karachi will present a radical change.
Published 21 Aug, 2004 12:00am
BOOK REVIEW: 'Gohar Hone Tak'

BOOK REVIEW: 'Gohar Hone Tak'

'Gohar Hone Tak', Mateen Ahmed Khan in his precise introduction informs us the book is the first novel written by Fateh Ali Anwari and that Anwari has been involved in writing, both in English and Urdu for a long long time. He has not been bound do
Published 21 Aug, 2004 12:00am
BOOK REVIEW: 'This Time of Morning'

BOOK REVIEW: 'This Time of Morning'

The mystified immediate post-independence era had left its indelible imprints on the psyche of the Indian people through which three generations tried to cope with. The most affected section of the people were politicians who tried to find a place for the
Published 21 Aug, 2004 12:00am
Jagan Nath Azad - an authority on Iqbal

Jagan Nath Azad - an authority on Iqbal

Jagan Nath Azad, who recently passed away in Jammu, was the senior-most Urdu poet, researchist and critic in India. Azad tried his hand at all sorts of writing in Urdu genres.
Published 21 Aug, 2004 12:00am
CAPITAL CULTURAL SCENE: Neon lights with Independence Day festivities

CAPITAL CULTURAL SCENE: Neon lights with Independence Day festivities

The week started on a festive note with the preparations in full swing for the August 14th celebrations. The fifty-seventh year of our nation's birth is being commemorated with a lot of aplomb and show. However, what really we have got to celebrate in ter
Published 21 Aug, 2004 12:00am
CDA to privatise nursery

CDA to privatise nursery

The Capital Development Authority (CDA) has decided to privatise its plant nursery to save resources the authority has been spending on purchase of flowers/plants from the open market, sources told Business Recorder here on Thursday.
Published 21 Aug, 2004 12:00am
Ying and Yang

Ying and Yang

Quivering lines featured most prominently in the work of a group of Indus Valley School of Art and Architecture graduates displayed at the Chawkandi gallery. Yet for the most part, the lines seemed too impetuously wild and unrestrained, dissolving entire
Published 21 Aug, 2004 12:00am
MMA holds protest demonstrations

MMA holds protest demonstrations

The leaders of Muttahida Majlis-i-Amal (MMA) and thousands of people from across the country held protest demonstrations to condemn the mysterious death of Qazi Mohammad Noor in police detention, US attacks on Hazrat Ali (RA) Shrine in Najaf and raids on
Published 21 Aug, 2004 12:00am
How the younger generation think about Pak-India relations

How the younger generation think about Pak-India relations

The ongoing process of normalisation of relations between India and Pakistan was further evident on August 14 during the Independence Day celebrations. Younger generation appeared eager, as compared to their elders, to see the dream of Pak-India friendshi
Published 21 Aug, 2004 12:00am
CDGP announces 15 percent relief for tenants

CDGP announces 15 percent relief for tenants

City District Government Peshawar (CDGP) announced on Friday 15 percent relief for the tenants of its properties in the rent and instead of 25 percent increase as per Rent Rules Act announced raise in rent by only 10 percent.
Published 21 Aug, 2004 12:00am
CURRENT TOPICS: Pakistan in perspective

CURRENT TOPICS: Pakistan in perspective

The present population of Pakistan is reported to be 150 million. No reliable statistics are available of its composition. I would like to know what percentage is called the sons of the soil i.e. those who were already living in the geographical area whic
Published 21 Aug, 2004 12:00am
President and Prime Minister greet Moroccan King

President and Prime Minister greet Moroccan King

President General Pervez Musharraf and Prime Minister Chaudhry Shujaat Hussain have greeted the King of Morocco King Mohammed VI, on his birthday on August 21.
Published 21 Aug, 2004 12:00am
Pakistan stands for new Asia-Africa partnership

Pakistan stands for new Asia-Africa partnership

Pakistan on Friday said increased economic and trade ties between continents of Asia and Africa will facilitate co-operation in other areas to face the complex problems of development and poverty.
Published 21 Aug, 2004 12:00am
Global Muslim-Christian dialogue

Global Muslim-Christian dialogue

The Muslims around the globe are nowadays facing one of the toughest time in their history. Every Muslim is saying that this is the darkest era in the history of Islam since the 13th century when Mongols swept through the Arab world and shook it to its ve
Published 21 Aug, 2004 12:00am
Travel agent jailed

Travel agent jailed

The Central Judge Punjab has awarded six months imprisonment to one Ziaul Haq under Immigration Ordinance.
Published 21 Aug, 2004 12:00am
Rake up the past and present - III: Past power struggle

Rake up the past and present - III: Past power struggle

In Pakistan's fifty-six year history, the country has been ruled for more than 35 years either by the military or the bureaucracy. The struggle for ascendancy among the politicians had started in its initial years of democracy. It is sad that they forgot
Published 21 Aug, 2004 12:00am
UNEP and ECO agree to strengthen environment management

UNEP and ECO agree to strengthen environment management

United Nations Environment Programme (UNEP) and the Economic Co-operation Organisation (ECO) based in Tehran have agreed to strengthen environmental management in the ECO region, sources disclosed this here on Thursday.
Published 21 Aug, 2004 12:00am
The Weather

The Weather

The weather report on Friday (August 20) and the forecast for Saturday (August 21, 2004).
Published 21 Aug, 2004 12:00am
Care to get US grant for teaching project

Care to get US grant for teaching project

US Ambassador to Pakistan Nancy J. Powell has announced here on Friday US $60,000 grant to a Lahore-based NGO 'Co-operation for advancement, rehabilitation and education' (Care) for an English teaching project.
Published 21 Aug, 2004 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.
Published 21 Aug, 2004 12:00am
Step directed to prevent animals smuggling to Afghanistan and Iran

Step directed to prevent animals smuggling to Afghanistan and Iran

The government of NWFP has directed all the concerned district co-ordination officers (DCOs), political agents, district food controllers, rationing controllers in NWFP to take all possible steps and measures to control illegal export and smuggling of liv
Published 21 Aug, 2004 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.
Published 21 Aug, 2004 12:00am
Pakistan's devotees to Ajmer face difficulties in India

Pakistan's devotees to Ajmer face difficulties in India

Pakistani devotees visiting India to participate in the 792nd Urs of Muslim Sufi saint Khawaja Moinuddin Chishti Ajmeri, had to wait for 20 to 24 hours at Attari railway station to board on the special train for Urs venue Ajmer city, via New Delhi.
Published 21 Aug, 2004 12:00am
Key stock market movements at 1700 GMT - August 20

Key stock market movements at 1700 GMT - August 20

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 21 Aug, 2004 12:00am
Government sincere to boost literacy rate: minister

Government sincere to boost literacy rate: minister

The Punjab Minister for Energy Chaudhry Armughan Subhani has said that the government was making sincere efforts to enhance literacy rate and improve the standard of education besides providing employment opportunities to the thousands of educated youths.
Published 21 Aug, 2004 12:00am
BZU announces MA results

BZU announces MA results

The Bahauddin Zakariya University has announced the results of MA History part-I annual examination 2003. Total 61 candidates appeared in the exam out of which 36 were declared pass with 60 percent result.
Published 21 Aug, 2004 12:00am
President and Prime Minister felicitate Shaukat

President and Prime Minister felicitate Shaukat

President General Pervez Musharraf and Prime Minister Chaudhry Shujaat Hussain have congratulated Finance Minister Shaukat Aziz on winning by-elections in National Assembly constituencies of Attock and Tharparkar.
Published 21 Aug, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (August 20, 2004).
Published 21 Aug, 2004 12:00am
Apcea greets Shaukat

Apcea greets Shaukat

Landslide victory of Shaukat Aziz from two constituencies be speaks loudly of the common man's appreciation and approval of economic polices initiated by Shaukat Aziz and is also reflection of the full faith and confidence of people have in him.
Published 21 Aug, 2004 12:00am
Pakistan's role in war on terror termed essential

Pakistan's role in war on terror termed essential

Deputy Executive Director of 9/11 commission Christopher Kojm said on Thursday that the war on terrorism was the "number one priority" of the United States, and added that Pakistan's co-operation in the fight was essential.
Published 21 Aug, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (August 20, 2004).
Published 21 Aug, 2004 12:00am
Traders delighted over Shaukat's success

Traders delighted over Shaukat's success

Traders, importers, exporters, industrialists and manufacturers have expressed great pleasure on the historic and landslide success of Shaukat Aziz in recent by elections and said his nomination as Prime Minister would bring prosperity, expansion in trade
Published 21 Aug, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (August 20) and rates for Saturday (August 21, 2004).
Published 21 Aug, 2004 12:00am
MCCI elects new executive body

MCCI elects new executive body

The following have been elected unopposed members of the Executive Committee of Multan Chamber of Commerce and Industry (MCCI) for 2004-05: Sohail Khan Tareen, Sheikh Muhammad Ahmed, Brigadier Muhammad Irfan (retd), Khwaja Muhammad Usman, Syed Iftikhar Al
Published 21 Aug, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (August 20, 2004).
Published 21 Aug, 2004 12:00am
Scheme for oilpalm plantation approved

Scheme for oilpalm plantation approved

The Provincial Development Working Party (PDWP) Sindh has approved a scheme for the oilpalm plantation on 2,000 acres at six different locations in Thatta coastal zone.
Published 21 Aug, 2004 12:00am
One month crucial for cotton crop

One month crucial for cotton crop

Production target of cotton will be achieved during current financial year if the crop remains protected from pests attack during the next one month.
Published 21 Aug, 2004 12:00am
Prime Minister lauds PTDC for K-2 celebrations success

Prime Minister lauds PTDC for K-2 celebrations success

Prime Minister Chaudhry Shujaat Hussain has appreciated the contributions made by Pakistan Tourism Development Corporation (PTDC) for successfully holding K-2 golden jubilee celebrations and 51st anniversary of Nanga Parbat.
Published 21 Aug, 2004 12:00am
THE RUPEE: rates firm on forex market

THE RUPEE: rates firm on forex market

Stable trend was witnessed in the inter-bank market on Friday as the rupee maintained its gain for buying and selling at Rs 58.76 and Rs 58.78, dealers said.
Published 21 Aug, 2004 12:00am
Bodies to regulate private schools soon: minister

Bodies to regulate private schools soon: minister

The Ministry of Education would soon establish regulatory bodies at the national and provincial level to regulate and facilitate the activities of privately managed schools and institutions of higher education, through proper rules and regulations.
Published 21 Aug, 2004 12:00am
THE RUPEE: rates firm on forex market

THE RUPEE: rates firm on forex market

Stable trend was witnessed in the inter-bank market on Friday as the rupee maintained its gain for buying and selling at Rs 58.76 and Rs 58.78, dealers said.
Published 21 Aug, 2004 12:00am
Regularisation to improve efficiency: PTCL

Regularisation to improve efficiency: PTCL

Pakistan Telecommunication Corporation Limited (PTCL) President, Junaid Iqbal Khan on Thursday said the regularisation of 4,400 daily-wage workers will improve the operational efficiency of the organisation.
Published 21 Aug, 2004 12:00am
MEDALS TABLE

MEDALS TABLE

Athens Olympic 2004 medals position on Friday.
Published 21 Aug, 2004 12:00am