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Print - 2004-08-22
Israeli troops blow up suspected bomb factory in Nablus

Israeli troops blow up suspected bomb factory in Nablus

Israeli soldiers on Saturday blew up a suspected bomb-making operation hidden in a metal workshop in the Old City of Nablus, in the northern West Bank, witnesses and Israeli military sources said.
Published 22 Aug, 2004 12:00am
Malaysia clears three of bird flu

Malaysia clears three of bird flu

The Malaysian government cleared on Saturday three people suspected of contracting a deadly bird flu virus but admitted another person to hospital for checks.
Published 22 Aug, 2004 12:00am
GI Jenkins willing to face US tribunal

GI Jenkins willing to face US tribunal

A US Army sergeant accused of deserting to North Korea in 1965 and now hospitalised in Japan is willing to appear before the US military in Japan for a plea bargain, Japanese media reports said on Saturday.
Published 22 Aug, 2004 12:00am
Two more wins edge China closer to benchmark 20 golds

Two more wins edge China closer to benchmark 20 golds

Two more victories in the table tennis and badminton on Saturday edged China closer to its target of 20 gold medals for the Athens Olympics, while a clean sweep of the diving events was still on the cards.
Published 22 Aug, 2004 12:00am
FIH rejects India's protest

FIH rejects India's protest

The International Hockey Federation (FIH) on Saturday threw out India's protest against the umpiring during their 2-1 defeat by New Zealand which knocked the former champions out of the Olympics.
Published 22 Aug, 2004 12:00am
Crawford wins 100m heat with ease

Crawford wins 100m heat with ease

American sprinter Shaun Crawford outshone the big guns on Saturday as he timed a comfortable 10.02sec in the first round of the men's Olympic 100 metres.
Published 22 Aug, 2004 12:00am
Positive trend in Spain's equity market

Positive trend in Spain's equity market

AT 31 DECEMBER 2002, the assets of Spanish Investment Funds amounted to Euro 170,8 Billion, a decrease of 3,9% in year 2002.
Published 22 Aug, 2004 12:00am
Dreams and dreams

Dreams and dreams

Prime Minister-designate Shaukat Aziz has reiterated his resolve to make Pakistan economically prosperous and strong- as well as a great military power capable of safeguarding the interests and rights of the Ummah.
Published 22 Aug, 2004 12:00am
Need for a hospital

Need for a hospital

This refer to Dr Saleemullah's proposal for setting up a modern hospital on an area, where the old 'Sabzi Mandi' once existed. The proposed hospital, I am sure, will cater to the needs of a large number of patients living in the areas listed by him.
Published 22 Aug, 2004 12:00am
Reduction in PTCL call charges

Reduction in PTCL call charges

The PTCL has inundated the media with deceptive advertisements regarding the reduction in ISD charges and across the board fixation @ Rs 20/ per minute. The first impression that the readers get is that they have to pay Rs 20 a minute for an overseas call
Published 22 Aug, 2004 12:00am
Rwandan rebels still thorn in side of Congo peace

Rwandan rebels still thorn in side of Congo peace

As the warm evening light fades over the lake separating Rwanda and Congo, Emmanuel Mkunzurwanda smiles. After a decade in refugee camps and fighting in Congo's jungles, he is finally going home.
Published 22 Aug, 2004 12:00am
Nepal villagers sell kidneys to beat poverty

Nepal villagers sell kidneys to beat poverty

Man Dhoj Tamang cuts a forlorn figure as he stands in front of his house in central Nepal, overlooking a valley full of lush green rice fields.
Published 22 Aug, 2004 12:00am
New DFI model for infrastructure finance

New DFI model for infrastructure finance

Recently an article on the need for a new DFI model was published. The author has assessed that the financial model implemented through DFIs of the past, failed as it was flawed. He has very ably analysed that in the present situation the banks are overal
Published 22 Aug, 2004 12:00am
Reducing KESC's burden

Reducing KESC's burden

At a high-level meeting in Karachi on Tuesday, August 17, presided over by the Chairman of the Investment Facilitation Board of Sindh, Brigadier Akhtar Zamin, and attended by the Director General of Board of Investment Akhlaq Ahmed, KESC Managing Director
Published 22 Aug, 2004 12:00am
Fiscal incentives made negative

Fiscal incentives made negative

According to a news report, the ministry of industries and production has conveyed its concern to the Chairman, Central Board of Revenue, about the adverse impact of two recent budgetary amendments, on the operations of the existing industrial units in th
Published 22 Aug, 2004 12:00am
Environmental issues: media's role in creating awareness underlined

Environmental issues: media's role in creating awareness underlined

Adviser to the Sindh Chief Minister on Environment and Alternate Energy Noman Saigal has said that to disseminate information on environmental issues with the judicious use of media, a series of seminars and workshops for media, non-governmental organisat
Published 22 Aug, 2004 12:00am
City Council demands ban on charged parking

City Council demands ban on charged parking

The City Council passed a resolution to impose immediate ban on charged parking and cancellation of all parking contracts in the city on Saturday.
Published 22 Aug, 2004 12:00am
Abad greets Shaukat

Abad greets Shaukat

Association of Builders and Developers (Abad) Chairman Babar Mirza Chughtai hoped that Shaukat Aziz, after he is sworn in as the prime minister, will pay special attention to the construction sector, and direct the Sindh government to resolve the problems
Published 22 Aug, 2004 12:00am
Unsuccessful PPL applicants get refund

Unsuccessful PPL applicants get refund

The Privatisation Commission has confirmed that refunds in respect of unsuccessful applications for Pakistan Petroleum Limited (PPL) shares have been completed through their accounts in the respective bank branches where they filed their applications.
Published 22 Aug, 2004 12:00am
Need to strengthen SMEs stressed

Need to strengthen SMEs stressed

State Bank of Pakistan officials have emphasised the need for strengthening the organisational framework of SME associations by establishing a national federation which would articulate and represent the SMEs priorities at the regional and sectoral levels
Published 22 Aug, 2004 12:00am
Work schedule of vacation benches challenged

Work schedule of vacation benches challenged

For the last but one more week to go, the work schedule drawn for the Supreme Court benches has been changed and now there will be only one full bench functioning here instead of a division strength for the period.
Published 22 Aug, 2004 12:00am
Helicopter rescue service launched

Helicopter rescue service launched

Punjab Chief Minister Chaudhry Pervez Elahi has announced launching of helicopter service to provide rescue services to victims of serious accidents and other calamities.
Published 22 Aug, 2004 12:00am
LCCI welcomes rice duty waiver

LCCI welcomes rice duty waiver

Lahore Chamber of Commerce & Industry (LCCI) vice-president, Shahzad Ali Malik, welcoming abolition of duties by the European Union under its new import policy for rice, has lauded Commerce Minister, Humayun Akhtar Khan for making concerted efforts in thi
Published 22 Aug, 2004 12:00am
LHC restrains PPSC from announcing results

LHC restrains PPSC from announcing results

Lahore High Court (LHC) has restrained the Punjab Public Service Commission (PPSC) from announcing the results of examination of Chief Dental Surgeon till the decision of review application filed by petitioner Dr Shahid Mehmood.
Published 22 Aug, 2004 12:00am
Jimmy entertains over 100 Sri Lankan kids

Jimmy entertains over 100 Sri Lankan kids

Over a 100 under-privileged children had fun for over a couple of hours at a function organised by a visiting Pakistani artist and social worker Jimmy Engineer at the Brown Beach Hotel here on Saturday.
Published 22 Aug, 2004 12:00am
Shujaat assures comprehensive ties with Shaukat

Shujaat assures comprehensive ties with Shaukat

Prime Minister Chaudhry Shujaat Hussain said on Saturday that there would be a good and comprehensive working relations between him and Shaukat Aziz after transfer of power.
Published 22 Aug, 2004 12:00am
'Asif Zardari admits owning Surrey Palace'

'Asif Zardari admits owning Surrey Palace'

Two leading British dailies said on Saturday that spouse of Benazir Bhutto, Asif Ali Zaradri, after years of denial, has admitted owning Surrey Palace in the UK which, the government said, was purchased by corruption money.
Published 22 Aug, 2004 12:00am
BoK receives Rs 18 premium offer on one share

BoK receives Rs 18 premium offer on one share

The Bank of Khyber (BoK) has received Rs 18 premium on one share of Rs 10 and the bank is expected to fetch more than Rs 500 million on flouting its 49 percent shares in the Karachi Stock Exchange (KSE) before the end of the current calendar year.
Published 22 Aug, 2004 12:00am
BoK receives Rs 18 premium offer on one share

BoK receives Rs 18 premium offer on one share

The Bank of Khyber (BoK) has received Rs 18 premium on one share of Rs 10 and the bank is expected to fetch more than Rs 500 million on flouting its 49 percent shares in the Karachi Stock Exchange (KSE) before the end of the current calendar year.
Published 22 Aug, 2004 12:00am
Bombing of Najaf condemned

Bombing of Najaf condemned

Leaders of Pakistan Muslim League (N), Pakistan Peoples Party (PPP), Muttahida Majlis-i-Amal (MMA) and other opposition parties have strongly condemned the bombing by allied forces of Najaf, causing damage to the mausoleums of Hazrat Ali and other spiritu
Published 22 Aug, 2004 12:00am
Arrest of PPP activists' killers demanded

Arrest of PPP activists' killers demanded

Central vice-chairman of PPPP, Yousaf Raza Gilani, Ahmed Hussain Dehar, Khalid Hanif Lodhi, Khurshid Ahmed Khan, Khawaja Rizwan Alam and Tariq Raza Khan have vehemently condemned the assassination of PPP a leader, Munawar Hassan and said that the present
Published 22 Aug, 2004 12:00am
Head of car-lifting gang arrested

Head of car-lifting gang arrested

Secretariat Police on Saturday arrested head of a gang involved in car lifting and recovered two taxicabs from his custody.
Published 22 Aug, 2004 12:00am
Programme to create awareness among livestock growers

Programme to create awareness among livestock growers

Punjab Livestock Department has chalked out a comprehensive plan for creating awareness among livestock and poultry growers to enable them to use modern techniques for getting maximum production.
Published 22 Aug, 2004 12:00am
Supreme Court writ sought to enforce women rights

Supreme Court writ sought to enforce women rights

A woman legislator has sought a writ from the Supreme Court to enforce "fundamental rights of equality of the women for the full and mature participation of women in the national life".
Published 22 Aug, 2004 12:00am
Need stressed for accredited labs to meet WTO challenges

Need stressed for accredited labs to meet WTO challenges

Federal Minister for Industries and Production Liaquat Ali Jatoi has said that National Quality Consultants (NQC), was the first consultancy authorised for ISO certification to meet the WTO regime challenges.
Published 22 Aug, 2004 12:00am
Seminar

Seminar

Medilink International, a leading medical journal in Pakistan, is organising the second in series of seminars on health awareness at PMA House, here on Thursday, August 26.
Published 22 Aug, 2004 12:00am
CPNE annual general meeting on September 7

CPNE annual general meeting on September 7

The annual general meeting of the Council of Pakistan Newspaper Editors (CPNE) will be held on Tuesday, September 7, 2004, at the Islamabad Club at 11 am to consider a four-point agenda which includes the consideration of the annual report of the CPNE for
Published 22 Aug, 2004 12:00am
Eight IJT students injured in attacks

Eight IJT students injured in attacks

Unidentified armed persons attacked activists of Islami Jamiat Talba (IJT) at various colleges in the city including Government Gulshan Degree Science and Commerce College, Homeopathic Medical College Nazimabad and Government Jinnah College here on Saturd
Published 22 Aug, 2004 12:00am
PW declared hostile in Murtaza Bhutto murder case

PW declared hostile in Murtaza Bhutto murder case

Assistant Sub Inspector (ASI), Police Abdul Hameed, a Prosecution Witness (PW) was declared hostile by District and Sessions Judge, East, Zafar Ahmed Khan Sherwani on Saturday on the request of Special Public Prosecutor, M.Ilyas Khan.
Published 22 Aug, 2004 12:00am
Punjab governor lauds ZTBL working

Punjab governor lauds ZTBL working

Punjab Governor Lieutenant General Khalid Maqbool (Retd) has expressed satisfaction over the performance of Zarai Taraqiati Bank Limited (ZTBL).
Published 22 Aug, 2004 12:00am
Mines and Mineral Ordinance: monitoring team constituted

Mines and Mineral Ordinance: monitoring team constituted

Sindh Mines and Mineral Development Department on Friday notified that the competent authority had constituted a monitoring team to ensure implementation of the provisions of the Sindh (prohibition of taking minerals, including Reti, sand and Bajri from a
Published 22 Aug, 2004 12:00am
India 'A' clinch Nairobi series

India 'A' clinch Nairobi series

India "A" beat Pakistan by six wickets to win the Nairobi triangular one-day series which ended here on Saturday.
Published 22 Aug, 2004 12:00am
FBS data shows inflation trotting upwards

FBS data shows inflation trotting upwards

The year-on-year Sensitive Price Indicator (SPI) in the week ending August 19, showed a rise of 14.60 percent for the lowest income group earning up to Rs 3,000 per month, while the combined SPI for different income groups is 13.05 percent.
Published 22 Aug, 2004 12:00am
FBS data shows inflation trotting upwards

FBS data shows inflation trotting upwards

The year-on-year Sensitive Price Indicator (SPI) in the week ending August 19, showed a rise of 14.60 percent for the lowest income group earning up to Rs 3,000 per month, while the combined SPI for different income groups is 13.05 percent.
Published 22 Aug, 2004 12:00am
US SEC seen unlikely to delay hedge fund decision

US SEC seen unlikely to delay hedge fund decision

The US Securities and Exchange Commission is unlikely to grant a request from business groups for a 90-day delay in its consideration of possible hedge fund regulation, sources said on Friday.
Published 22 Aug, 2004 12:00am
US SEC seen unlikely to delay hedge fund decision

US SEC seen unlikely to delay hedge fund decision

The US Securities and Exchange Commission is unlikely to grant a request from business groups for a 90-day delay in its consideration of possible hedge fund regulation, sources said on Friday.
Published 22 Aug, 2004 12:00am
Battle heightens over San Francisco bridge costs

Battle heightens over San Francisco bridge costs

Plagued by delays and cost overruns, a $5.1 billion renovation of San Francisco's Bay Bridge has run into added problems as the state refuses to pay for more construction and talk of new debt floats in the air.
Published 22 Aug, 2004 12:00am
Madagascar needs 250,000 tons rice

Madagascar needs 250,000 tons rice

Madagascar's Minister for Industry and Trade Oliver Andrianarison Sahbisoa said on Saturday that his country urgently needed 250,000 tons of rice.
Published 22 Aug, 2004 12:00am
Madagascar needs 250,000 tons rice

Madagascar needs 250,000 tons rice

Madagascar's Minister for Industry and Trade Oliver Andrianarison Sahbisoa said on Saturday that his country urgently needed 250,000 tons of rice.
Published 22 Aug, 2004 12:00am
Trial export of mango to China starts next month

Trial export of mango to China starts next month

Pakistani exporters were all set to send three containers of mangoes of late Chaunsa variety next month to China primarily to assess logistic problems involved in sending this fruit to the neighbouring country.
Published 22 Aug, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 21, 2004).
Published 22 Aug, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (August 21, 2004).
Published 22 Aug, 2004 12:00am
Pakistan to host Asia-Pacific parliamentarians moot

Pakistan to host Asia-Pacific parliamentarians moot

The next meeting of the Asia-Pacific Parliamentarians Conference will be held in Pakistan in 2005. This was decided in the 11th General Assembly - Asia Pacific Parliamentarians Conference on Environment and Development (APPCED) held in Korolevu, Fiji from
Published 22 Aug, 2004 12:00am
Karamat will be new envoy to US: Kasuri

Karamat will be new envoy to US: Kasuri

Foreign Minister Khurshid Mehmud Kasuri has said that the former Chief of Army Staff General Jehangir Karamat (Retd) has been appointed new Pakistani Ambassador in the United States to replace Ashraf Jehangir Qazi who has been appointed United Nations Sec
Published 22 Aug, 2004 12:00am
Karamat will be new envoy to US: Kasuri

Karamat will be new envoy to US: Kasuri

Foreign Minister Khurshid Mehmud Kasuri has said that the former Chief of Army Staff General Jehangir Karamat (Retd) has been appointed new Pakistani Ambassador in the United States to replace Ashraf Jehangir Qazi who has been appointed United Nations Sec
Published 22 Aug, 2004 12:00am
Few more militants killed in South Waziristan operation

Few more militants killed in South Waziristan operation

The security forces have killed "a few" militants in operations to flush out al Qaeda-linked rebels in South Waziristan tribal region near the border with Afghanistan, the military said on Saturday.
Published 22 Aug, 2004 12:00am
Few more militants killed in South Waziristan operation

Few more militants killed in South Waziristan operation

The security forces have killed "a few" militants in operations to flush out al Qaeda-linked rebels in South Waziristan tribal region near the border with Afghanistan, the military said on Saturday.
Published 22 Aug, 2004 12:00am
Strike ends at Volkswagen Mexico after pay deal

Strike ends at Volkswagen Mexico after pay deal

Union leaders and management at Volkswagen AG's Mexico plant agreed a new pay deal on Saturday and ended a strike which shut down the German auto maker's sole North American factory for three days.
Published 22 Aug, 2004 12:00am
Edwards faults Bush for overtime pay cuts

Edwards faults Bush for overtime pay cuts

Vice presidential candidate John Edwards on Saturday assailed a new Bush administration policy that excludes millions of Americans from overtime pay and promised that the Democratic ticket would ensure that workers are rewarded for their efforts.
Published 22 Aug, 2004 12:00am
Tribal elders urged to help eliminate terrorism

Tribal elders urged to help eliminate terrorism

NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) has said, "terrorism will be tackled and confronted with full courage and force", urging the tribal elders to co-operate with the Govt in this regard and foil such terrorist activities in
Published 22 Aug, 2004 12:00am
Sears deal brightens hopes for TV maker Brillian

Sears deal brightens hopes for TV maker Brillian

Nearly a year after its spin-off from electronics maker Three-Five Systems Inc, Brillian Corp has signed Sears, Roebuck & Co as the first customer for high-definition televisions it hopes will boost sales, its chief executive said on Friday.
Published 22 Aug, 2004 12:00am
Brazil aims to cut tax on pension fund investments

Brazil aims to cut tax on pension fund investments

Brazil's government plans to reduce taxes on long-term investments by private pension funds to boost their size and help economic growth, Finance Minister Antonio Palocci said on Friday.
Published 22 Aug, 2004 12:00am
Brazil aims to cut tax on pension fund investments

Brazil aims to cut tax on pension fund investments

Brazil's government plans to reduce taxes on long-term investments by private pension funds to boost their size and help economic growth, Finance Minister Antonio Palocci said on Friday.
Published 22 Aug, 2004 12:00am
Swiss bourse decides against German merger

Swiss bourse decides against German merger

German stock exchange operator Deutsche Boerse received a fresh blow to hopes of growing through acquisition after its Swiss rival rebuffed an invitation to merger talks on Friday.
Published 22 Aug, 2004 12:00am
Malaysian port may partner rival, eyes IPO

Malaysian port may partner rival, eyes IPO

A Malaysian upstart that has challenged the dominance of Singapore's huge container port may sell a stake to its rival and hold an IPO, a Kuala Lumpur daily reported on Saturday.
Published 22 Aug, 2004 12:00am
Malaysian port may partner rival, eyes IPO

Malaysian port may partner rival, eyes IPO

A Malaysian upstart that has challenged the dominance of Singapore's huge container port may sell a stake to its rival and hold an IPO, a Kuala Lumpur daily reported on Saturday.
Published 22 Aug, 2004 12:00am
Pakistani charged with killing Briton

Pakistani charged with killing Briton

Thai police have charged a Pakistani in connection with the murder of a British man in Thailand's restive Muslim south region, an official said on Saturday.
Published 22 Aug, 2004 12:00am
GCC to sign economic accord with Pakistan

GCC to sign economic accord with Pakistan

The Gulf Co-operation Council (GCC) will next week sign framework economic co-operation agreements with Pakistan and India the head of the oil-rich Gulf bloc said on Saturday.
Published 22 Aug, 2004 12:00am
GCC to sign economic accord with Pakistan

GCC to sign economic accord with Pakistan

The Gulf Co-operation Council (GCC) will next week sign framework economic co-operation agreements with Pakistan and India the head of the oil-rich Gulf bloc said on Saturday.
Published 22 Aug, 2004 12:00am