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Print - 2004-10-25
Eichel to propose deficit-cutting measures

Eichel to propose deficit-cutting measures

German Finance Minister Hans Eichel is likely to present proposals for extra measures to trim next year's budget deficit after updated tax estimates are published November 4, government sources told Reuters on Sunday.
Published 25 Oct, 2004 12:00am
FDI flows to Southeast Asia on rebound but uneven

FDI flows to Southeast Asia on rebound but uneven

Foreign direct investment is on the rebound in Southeast Asia six years after a financial crisis that devastated the region, but politically troubled countries are missing out, a UN report said.
Published 25 Oct, 2004 12:00am
US secretly moved prisoners out of Iraq for questioning

US secretly moved prisoners out of Iraq for questioning

The CIA has secretly transferred detainees out of Iraq for interrogation after asking the US Justice Department to write a memo justifying the practice, which violates the Geneva Conventions, The Washington Post reported Sunday.
Published 25 Oct, 2004 12:00am
Bangladesh journalist shot dead

Bangladesh journalist shot dead

A journalist working for an English-language daily newspaper was shot dead Sunday in the Bangladeshi capital Dhaka, police said.
Published 25 Oct, 2004 12:00am
Iranian women barred from standing in presidential vote

Iranian women barred from standing in presidential vote

Iranian women have been barred from standing in next year's presidential election after a powerful conservative body stood by its literal interpretation of a single but ambiguous word in the constitution.
Published 25 Oct, 2004 12:00am
Iran rejects EU nuclear proposal

Iran rejects EU nuclear proposal

Iran on Sunday rejected a European Union proposal that it scrap uranium enrichment in return for nuclear technology, increasing the likelihood it will be reported to the UN Security Council for possible sanctions.
Published 25 Oct, 2004 12:00am
India unaware of US plans of more nuclear curbs

India unaware of US plans of more nuclear curbs

India said it was unware of any US plans to slap sanctions on additional Indian persons, companies or institutions which Washington says are aiding Iran's nuclear programme.
Published 25 Oct, 2004 12:00am
Washington Post endorses Kerry for president

Washington Post endorses Kerry for president

The Washington Post endorsed Senator John Kerry for president in its Sunday edition, saying the Democratic candidate had wisdom and open-mindedness that made him a stronger candidate to lead the United States than President George W. Bush.
Published 25 Oct, 2004 12:00am
Kerry and Bush launch final week of campaigning

Kerry and Bush launch final week of campaigning

US President George W Bush and his Democratic challenger John Kerry entered a frenzied final week of campaigning Sunday, still locked in a dead heat in polls.
Published 25 Oct, 2004 12:00am
Japan spends anxious night after quake kills 21

Japan spends anxious night after quake kills 21

Thousands of weary and frightened residents in northern Japan were spending a second night in shelters, cars or in the open on Sunday after Japan's deadliest earthquake in nine years killed at least 21 people.
Published 25 Oct, 2004 12:00am
Israeli cabinet passes Gaza bill before key vote

Israeli cabinet passes Gaza bill before key vote

Prime Minister Ariel Sharon's cabinet passed a bill on the nuts and bolts of pulling out of occupied Gaza on Sunday, a day before he seeks approval from the Israeli parliament for his withdrawal plan.
Published 25 Oct, 2004 12:00am
Kosovo president claims victory in polls

Kosovo president claims victory in polls

President Ibrahim Rugova's pro-independence party looked set Sunday to keep its dominance in Kosovo after weekend elections which were marred by an ethnic Serb boycott.
Published 25 Oct, 2004 12:00am
Tunisians go to polls, opposition cries foul

Tunisians go to polls, opposition cries foul

Tunisians voted on Sunday in general elections boycotted by several opposition parties but praised by President Zine al-Abidine Ben Ali, Tunisia's leader for 17 years, as a boost to democracy.
Published 25 Oct, 2004 12:00am
Cheques distributed among cops' widows

Cheques distributed among cops' widows

The Capital City Police chief, DIG Tariq Saleem, distributed cheques of Rs 100,000 each to 11 widows from the district police welfare fund, which was established for the welfare of policemen especially for widows.
Published 25 Oct, 2004 12:00am
Research centre planned at Thokar Niaz

Research centre planned at Thokar Niaz

Punjab Irrigation Department has planned to set up a new research centre, near Thokar Niaz Beg, to conduct mathematical studies as well as computer studies of the projects on modern lines.
Published 25 Oct, 2004 12:00am
Bail extended

Bail extended

An Additional District and Sessions Judge extended the interim bail of former cricketer Abdul Qadir till November 1, as investigation in the case could not be completed so far.
Published 25 Oct, 2004 12:00am
Taiwan: problem of mistaken identity

Taiwan: problem of mistaken identity

Don't try to book a China Airlines flight to Beijing because you're likely to end up in Taipei. The airline may sound like a Chinese carrier, but like Chinese Petroleum Corp, China Motor Corp and the Central Bank of China, it's actually based in Taiwan.
Published 25 Oct, 2004 12:00am
Administrative lapses impacting the economy

Administrative lapses impacting the economy

Economy is passing through a crucial period as international and domestic events have started diluting the hold of the government on macro-economic stability of the country.
Published 25 Oct, 2004 12:00am
EU textile makers fear Asian onslaught

EU textile makers fear Asian onslaught

With Asian textile and clothing producers preparing a mass assault on US and European markets, Europe's manufacturers say only a flight to quality - to luxury and design niche markets - can save them.
Published 25 Oct, 2004 12:00am
Developing integrated poultry units

Developing integrated poultry units

Beef and mutton, at present, are selling at prices higher than white meat (Fish and Poultry). Even then consumption of beef and mutton is increasing because of consumer's food habits.
Published 25 Oct, 2004 12:00am
Zakat and the poor

Zakat and the poor

Someone said: "If we pay Zakat properly then there will be no poor". I beg to differ. It could have been true when the Muslim population was within certain limits, but no more when we have over half a billion of them living below the poverty line.
Published 25 Oct, 2004 12:00am
Flawed policy of KESC

Flawed policy of KESC

In 1997 men in Khaki, neither qualified nor experienced and in sheer violation of Electricity Act, were imposed on KESC with tall claims that they will give new directions and credibility to the utility but what are the results? Power generation at source
Published 25 Oct, 2004 12:00am
State Bank's move to bring down plot prices

State Bank's move to bring down plot prices

Blessed are the ones who own a house in Pakistan. Its ownership was already out of reach for most of the countrymen, but the way prices have escalated during the last two years or so, it has become impossible even for the more affluent to venture into suc
Published 25 Oct, 2004 12:00am
Gas supplies to commercial users

Gas supplies to commercial users

According to a report, the Economic Co-ordination Committee (ECC) of the Cabinet has asked the Ministry of Petroleum and Natural Resources to formulate a policy for provision of gas to the commercial consumers who have been kept waiting for it by the dist
Published 25 Oct, 2004 12:00am
Better late than never

Better late than never

We have all along been urging our economic managers for taking a realistic view of the behaviour of exchange rate and inflation in the country in the recent months and formulation of appropriate policies to counter the deteriorating trend.
Published 25 Oct, 2004 12:00am
McGrath aims to make mark in 100th Test

McGrath aims to make mark in 100th Test

Australia strike bowler Glenn McGrath aims to celebrate his 100th Test starting against India on Tuesday with a match-winning performance.
Published 25 Oct, 2004 12:00am
Lehman joins Beard atop the leaderboard

Lehman joins Beard atop the leaderboard

Tom Lehman shot a five-under-par 67 on Saturday to join Briny Baird at the top of the leaderboard after the third round of the Funai Classic.
Published 25 Oct, 2004 12:00am
Sri Lanka complete crushing win over Pakistan

Sri Lanka complete crushing win over Pakistan

Sri Lanka defeated Pakistan by 201 runs on the final day of the first Test on Sunday to complete a second successive victory without their key bowler Muttiah Muralitharan.
Published 25 Oct, 2004 12:00am
'Hyundai IT' undertakes SBP automation

'Hyundai IT' undertakes SBP automation

The President of Hyundai IT, Wonin Baek, was recently in Karachi for a day to have meetings with prospective clients and certain government officials.
Published 25 Oct, 2004 12:00am
Concern voiced over mushroom growth of quacks

Concern voiced over mushroom growth of quacks

Leading health experts on Sunday expressed their great concern over the unchecked and alarming mushroom growth of quacks and so-called Hakims playing havoc with the lives of the masses.
Published 25 Oct, 2004 12:00am
Rs 553.35 million water and drainage project approved

Rs 553.35 million water and drainage project approved

Muhammad Siddique Memon, DCO, on Sunday said that government has approved the mega project of Rs 553.350 million for providing purified water and better drainage system to the city.
Published 25 Oct, 2004 12:00am
Industrialists to invest Rs 15 billion for setting up units in SIE

Industrialists to invest Rs 15 billion for setting up units in SIE

Punjab Industrial Estate Chairman Mohsin Syed has said that Rs 15 billion will be invested by industrialists intending to set up their units in Sundar Industrial Estate (SIE) during the first phase, says a release issued here on Sunday.
Published 25 Oct, 2004 12:00am
Teams asked to step up operation against profiteers

Teams asked to step up operation against profiteers

District Nazim Lahore Mian Amer Mahmood directed the specially constituted raiding teams, to continue their operation against the profiteers so as to enable the public to get essential items on cheaper rates.
Published 25 Oct, 2004 12:00am
Modest rise in prices on commodity markets

Modest rise in prices on commodity markets

Modest price increase was witnessed in most commodities trade in wholesale markets during the last week. Significant changes were marked in plastic mouldings, milk powder, til Sindh, wheat, gur, cotton cakes, rapeseed cakes etc.
Published 25 Oct, 2004 12:00am
'Ramazan Package' a failed scheme

'Ramazan Package' a failed scheme

The much-publicised 'Ramazan Package' to provide essential commodities to consumers on reasonable rates during the holy month of Ramazan seems to have failed to achieve the desired results.
Published 25 Oct, 2004 12:00am
Commissioning of urology units at KTH and HMC ordered

Commissioning of urology units at KTH and HMC ordered

NWFP Minister for Health Inayatullah has ordered commissioning of urology units at Khyber Teaching Hospital (KTH) Peshawar and Hayatabad Medical Complex (HMC) with immediate effect.
Published 25 Oct, 2004 12:00am
Cotton prices steady on aggressive buying

Cotton prices steady on aggressive buying

The robust seed-cotton arrival figures, equivalent of 3.6 million bales, in the first fortnight of this month do indicate a larger cotton crop this season, but field reports indicate some damage to cotton crop due to pest attack and rains.
Published 25 Oct, 2004 12:00am
Cotton prices steady on aggressive buying

Cotton prices steady on aggressive buying

The robust seed-cotton arrival figures, equivalent of 3.6 million bales, in the first fortnight of this month do indicate a larger cotton crop this season, but field reports indicate some damage to cotton crop due to pest attack and rains.
Published 25 Oct, 2004 12:00am
IDBP union stage protest demonstration

IDBP union stage protest demonstration

CBA Union of Industrial Development Bank of Pakistan (IDBP) staged a protest demonstration on the occasion of the board of directors meeting of the bank here, and demanded of the authorities to save small employees from starvation.
Published 25 Oct, 2004 12:00am
Killer of Narowal DPO killed

Killer of Narowal DPO killed

The killer of DPO Narowal was killed in an encounter with police at Atari Darbar Pak-Arab schemes Nishtar Colony area here on early Sunday morning.
Published 25 Oct, 2004 12:00am
Drive against hoarders, profiteers initiated

Drive against hoarders, profiteers initiated

A vigorous campaign against hoarders and profiteers has been launched in all small and big towns aimed at providing articles of daily use to the consumers on reduced rates in Ramazan and Itwar bazaars in Punjab, Provincial Industries and Investment Minist
Published 25 Oct, 2004 12:00am
Spinners lift lint in big lots

Spinners lift lint in big lots

Being no respite in seed cotton arrivals, authorities on insistence of ginners inducted TCP and lured exporters that supported falling prices which whipped spinners to come to terms and lift lint in big lots without much hesitations.
Published 25 Oct, 2004 12:00am
No clue yet to Multan blast case accused

No clue yet to Multan blast case accused

Police have failed to arrest another three accused of Rashidabad bomb blast case and returned with the relatives of the absconding accused.
Published 25 Oct, 2004 12:00am
Sindh chief minister in Peshawar

Sindh chief minister in Peshawar

Sindh Chief Minister Dr Arbab Ghulam Rahim arrived here on Sunday on a day-long visit to NWFP.
Published 25 Oct, 2004 12:00am
LG system best, but power transfer remains: Naimat

LG system best, but power transfer remains: Naimat

The present local government system introduced three years back was the "best", although power has not yet been fully transferred at grass-roots level as envisaged, observed Nazim City District Government Karachi Naimatullah Khan.
Published 25 Oct, 2004 12:00am
Directive to complete schemes in time

Directive to complete schemes in time

Federal Minister for Local Government and Rural Development Justice Abdul Razzaq Thaheem (Retd) has asked the officers of nation building departments to complete all the ongoing development schemes within stipulated time so that the people could enjoy the
Published 25 Oct, 2004 12:00am
Over 250 terrorists killed in tribal areas: ISPR

Over 250 terrorists killed in tribal areas: ISPR

Inter-Services Public Relations (ISPR) Director General Major General Shaukat Sultan has said that over 250 terrorists have been killed in the ongoing operation in tribal areas.
Published 25 Oct, 2004 12:00am
'Government taking steps to provide legal aid to poor prisoners'

'Government taking steps to provide legal aid to poor prisoners'

Adviser to Punjab Chief Minister for Law and Human Rights, Rana Ijaz Ahmed Khan has said that present government is taking solid steps for the provision of legal aid to the deprived and poor prisoners with the assistance of philanthropists and donors agen
Published 25 Oct, 2004 12:00am
IOK people being issued passports with 'Except Pakistan' stamp

IOK people being issued passports with 'Except Pakistan' stamp

Notwithstanding New Delhi and Islamabad working on the proposal to start Muzaffarabad-Srinagar bus service, people of Occupied Kashmir are being issued passports with a stamp saying: "This is valid for travel, Except Pakistan".
Published 25 Oct, 2004 12:00am
Railways asked to review closure of private booking agencies

Railways asked to review closure of private booking agencies

Sarhad Chamber of Commerce and Industry (SCCI) Executive Member and Pakistan Railways Member Advisory Committee Zia-ul-Haq Sarhadi has demanded of the federal Railways Minister Mian Shameem Haider to review the decision about closure of private booking ag
Published 25 Oct, 2004 12:00am
10 life-saving drugs missing from market

10 life-saving drugs missing from market

The government has failed to provide basic health facilities to people as at least 10 life-saving drugs are missing from the market.
Published 25 Oct, 2004 12:00am
Time ripe for Kashmir breakthrough: Kasuri

Time ripe for Kashmir breakthrough: Kasuri

Pakistan said on Sunday that time was ripe for progress in Kashmir, and hoped for quick agreement on starting a bus link between the two halves of the disputed territory.
Published 25 Oct, 2004 12:00am
Mushahid in London to attend peace moot

Mushahid in London to attend peace moot

Pakistan Muslim League Secretary General Senator Mushahid Hussain Syed arrived here on Sunday to attend a two-day international peace conference beginning on Monday to discuss various aspects of security and human rights issues in South Asia.
Published 25 Oct, 2004 12:00am
Rs 100 million grant for NA-133

Rs 100 million grant for NA-133

The Prime Minister Shaukat Aziz has announced a grant of Rs 100 million for uplift schemes including provision of Sui gas and electricity to the villages of NA-133 in Sheikupura district.
Published 25 Oct, 2004 12:00am
LCCI body on graphics formed

LCCI body on graphics formed

The Lahore Chamber of Commerce and Industry (LCCI) President Mian Misbah-ur-Rehman has announced formation of a standing committee on photo goods and graphic arts.
Published 25 Oct, 2004 12:00am
ICCI criticises police performance

ICCI criticises police performance

A delegation of the Islamabad Chamber of Commerce and Industry (ICCI) headed by its President Tariq Sadiq met Islamabad Inspector General Police Fayyaz Tooro and expressed its dissatisfaction over the performance of federal capital police.
Published 25 Oct, 2004 12:00am
Islamabad schemes

Islamabad schemes

Capital Development Authority (CDA) Chairman Kamran Lashari will brief the federal cabinet on the establishment of new residential sectors and supply of clean drinking water on Wednesday.
Published 25 Oct, 2004 12:00am
No compromise on NWFP development: Siraj

No compromise on NWFP development: Siraj

NWFP Senior Minister Siraj-ul-Haq has said the MMA government has made tremendous headway in its mission of enforcement of Shariah and development of the province that has gained wide popularity among the masses, while provincial government's steps and po
Published 25 Oct, 2004 12:00am
Attack on National Assembly speaker denied

Attack on National Assembly speaker denied

Pakistan Muslim League (PML-N) leader Khwaja Saad Rafiq has denied the allegation levelled by the government regarding attack on National Assembly Speaker by opposition members on Friday, the day of voting for no-trust move, and termed it as "propaganda o
Published 25 Oct, 2004 12:00am
Opposition adopts double standards: Rashid

Opposition adopts double standards: Rashid

Federal Information and Broadcasting Minister Sheikh Rashid has said that the opposition was following double standards for political gains.
Published 25 Oct, 2004 12:00am
Legal status for cadaver organ donation urged

Legal status for cadaver organ donation urged

The non-existent provision for the passage of brain death law as well as the cadaver organ donation bill is not only turning organ sale a thriving business, but also causing rapid surge in the expenditure incurred in dialysis.
Published 25 Oct, 2004 12:00am
HEC launches fellowship programme

HEC launches fellowship programme

Higher Education Commission (HEC) has initiated a programme to increase competence among faculty members by subsidising significant research.
Published 25 Oct, 2004 12:00am
Plan for education ministry's restructuring approved

Plan for education ministry's restructuring approved

The federal government on Sunday approved a master plan for restructuring of education ministry, abolishing some wings including Education For All (EFA) wing and establishing new ones.
Published 25 Oct, 2004 12:00am
IOK opposition leader survives bid on life

IOK opposition leader survives bid on life

The head of Indian occupied Kashmir's main opposition party, Omar Abdullah, survived an assassination bid on Sunday, for the second time in a month, when a bomb detonated a few steps away from him, killing one and wounding seven, police said. The freedom
Published 25 Oct, 2004 12:00am
IOK opposition leader survives bid on life

IOK opposition leader survives bid on life

The head of Indian occupied Kashmir's main opposition party, Omar Abdullah, survived an assassination bid on Sunday, for the second time in a month, when a bomb detonated a few steps away from him, killing one and wounding seven, police said. The freedom
Published 25 Oct, 2004 12:00am
World Bank projects review team due today

World Bank projects review team due today

A World Bank (WB) delegation to review development projects funded by the bank including Rs 31.4 billion National Drainage Program (NDP) will arrive here on Monday. The World Bank delegation is part of six missions which would start visiting Pakistan from
Published 25 Oct, 2004 12:00am
World Bank projects review team due today

World Bank projects review team due today

A World Bank (WB) delegation to review development projects funded by the bank including Rs 31.4 billion National Drainage Program (NDP) will arrive here on Monday. The World Bank delegation is part of six missions which would start visiting Pakistan from
Published 25 Oct, 2004 12:00am
Prime Minister may address nation on November 20

Prime Minister may address nation on November 20

Prime Minister Shaukat Aziz has announced that he would address the nation after Eid-ul-Fitr. According to the sources privy to the government, the Prime Minister is expected to make the address on November 20. The premier, except describing the present p
Published 25 Oct, 2004 12:00am
Prime Minister may address nation on November 20

Prime Minister may address nation on November 20

Prime Minister Shaukat Aziz has announced that he would address the nation after Eid-ul-Fitr. According to the sources privy to the government, the Prime Minister is expected to make the address on November 20. The premier, except describing the present p
Published 25 Oct, 2004 12:00am
PSO may post 33 percent growth in profit

PSO may post 33 percent growth in profit

PSO''s net profit during the first quarter ended September 30, 2004, is expected to increase by 29-33 percent because of higher sales of high speed diesel and furnace oil. According to a leading analyst, the profit for the period may range from Rs 1.29 bi
Published 25 Oct, 2004 12:00am
PSO may post 33 percent growth in profit

PSO may post 33 percent growth in profit

PSO's net profit during the first quarter ended September 30, 2004, is expected to increase by 29-33 percent because of higher sales of high speed diesel and furnace oil. According to a leading analyst, the profit for the period may range from Rs 1.29 bil
Published 25 Oct, 2004 12:00am
PSO may post 33 percent growth in profit

PSO may post 33 percent growth in profit

PSO's net profit during the first quarter ended September 30, 2004, is expected to increase by 29-33 percent because of higher sales of high speed diesel and furnace oil. According to a leading analyst, the profit for the period may range from Rs 1.29 bil
Published 25 Oct, 2004 12:00am
Askari Bank's nine-month profit may double

Askari Bank's nine-month profit may double

Askrai Commercial Bank's profit in the nine months ended September 30 may almost double and it might pay a bonus to meet the capital requirement of State Bank of Pakistan.
Published 25 Oct, 2004 12:00am
Askari Bank's nine-month profit may double

Askari Bank's nine-month profit may double

Askrai Commercial Bank's profit in the nine months ended September 30 may almost double and it might pay a bonus to meet the capital requirement of State Bank of Pakistan.
Published 25 Oct, 2004 12:00am
Karzai wins Afghan polls: Qanooni

Karzai wins Afghan polls: Qanooni

Interim leader Hamid Karzai has won the required number of votes for outright victory in Afghanistan's first presidential election, his supporters and his chief rival said on Sunday.
Published 25 Oct, 2004 12:00am
Sui gas pipeline ruptured

Sui gas pipeline ruptured

The 16-inch diameter Sui gas pipeline was ruptured near Palijano Town on Sunday afternoon. The rupture occurred at the Sui-Karachi Indus Left Bank Gas Pipeline near Palijano following the drop of gas pressure near Tando Adam between 1300 to 1330 hours, Su
Published 25 Oct, 2004 12:00am
Sui gas pipeline ruptured

Sui gas pipeline ruptured

The 16-inch diameter Sui gas pipeline was ruptured near Palijano Town on Sunday afternoon. The rupture occurred at the Sui-Karachi Indus Left Bank Gas Pipeline near Palijano following the drop of gas pressure near Tando Adam between 1300 to 1330 hours, Su
Published 25 Oct, 2004 12:00am
National Bank board meeting today

National Bank board meeting today

The net profit of National Bank of Pakistan (NBP) would range from Rs 4 billion to Rs 4.28 billion because of growth in economy, increase in its net interest margin following the rise in lending to the private sector. The Board meeting of National Bank of
Published 25 Oct, 2004 12:00am
National Bank board meeting today

National Bank board meeting today

The net profit of National Bank of Pakistan (NBP) would range from Rs 4 billion to Rs 4.28 billion because of growth in economy, increase in its net interest margin following the rise in lending to the private sector. The Board meeting of National Bank of
Published 25 Oct, 2004 12:00am
National Bank board meeting today

National Bank board meeting today

The net profit of National Bank of Pakistan (NBP) would range from Rs 4 billion to Rs 4.28 billion because of growth in economy, increase in its net interest margin following the rise in lending to the private sector. The Board meeting of National Bank of
Published 25 Oct, 2004 12:00am
HBFC disburses record Rs 275 million loans in September

HBFC disburses record Rs 275 million loans in September

There has been a record disbursement of loans in one month when House Building Finance Corporation (HBFC) provided loans over Rs 275 million in September this year. The new HBFC chief, B H Qureshi, told Business Recorder that all previous records h
Published 25 Oct, 2004 12:00am
HBFC disburses record Rs 275 million loans in September

HBFC disburses record Rs 275 million loans in September

There has been a record disbursement of loans in one month when House Building Finance Corporation (HBFC) provided loans over Rs 275 million in September this year. The new HBFC chief, B H Qureshi, told Business Recorder that all previous records h
Published 25 Oct, 2004 12:00am
Japan banks no longer pressured to buy JGBs

Japan banks no longer pressured to buy JGBs

An improvement in their balance sheets has allowed Japan's banks, traditionally the core buyers of Japanese government bonds (JGB), to reduce their exposure to JGBs, a move that may drive up yields and attract non-traditional investors.
Published 25 Oct, 2004 12:00am
Japan banks no longer pressured to buy JGBs

Japan banks no longer pressured to buy JGBs

An improvement in their balance sheets has allowed Japan's banks, traditionally the core buyers of Japanese government bonds (JGB), to reduce their exposure to JGBs, a move that may drive up yields and attract non-traditional investors.
Published 25 Oct, 2004 12:00am
Kremlin seen ignoring critics in YUKOS sale

Kremlin seen ignoring critics in YUKOS sale

The Kremlin is likely to ignore mounting criticism in the west and potential legal risks to go ahead and sell key YUKOS assets cheaply to insiders so it can create a state energy giant, say analysts.
Published 25 Oct, 2004 12:00am
Collectors told to open customs welfare shops

Collectors told to open customs welfare shops

The Central Board of Revenue (CBR) has directed all collectors of customs to immediately start 'Customs Staff welfare Shops' for selling of confiscated goods like air conditioners, TV sets and VCRs etc to custom, sales tax and central excise officials.
Published 25 Oct, 2004 12:00am
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