No-frills airline Ryanair beat forecasts with an 18-percent jump in half-year profit after a strong summer and cheered investors on Tuesday with a surprisingly upbeat take on the full year.
No-frills airline Ryanair beat forecasts with an 18-percent jump in half-year profit after a strong summer and cheered investors on Tuesday with a surprisingly upbeat take on the full year.
All Pakistan Textile Mills Association (Aptma) has expressed concern over the expiry of generalised system of preference (GSP) status by European Union to Pakistan as a country working against narcotics till December 2004. Talking to Business Recorder
All Pakistan Textile Mills Association (Aptma) has expressed concern over the expiry of generalised system of preference (GSP) status by European Union to Pakistan as a country working against narcotics till December 2004. Talking to Business Recorder
Prime Minister of Sri Lanka Makinda Rajapakse has suggested that Pakistani exporters should import betel nuts, pineapple, tea, etc in barter of rice. According to Reap, Makinda said this while talking to vice chairman Rice Exporters Association of Pakista
Occupied Indian troops martyred two-Mujahideen in Indian occupied Kashmir (IoK), including a top commander, while four civilians killed and a trooper injured in a grenade explosion, officials claimed on Tuesday. Troopers from the Border Security Force ove
Occupied Indian troops martyred two-Mujahideen in Indian occupied Kashmir (IoK), including a top commander, while four civilians killed and a trooper injured in a grenade explosion, officials claimed on Tuesday. Troopers from the Border Security Force ove
Basing readings on the large trade imbalance between the United States and Asia and the enormous accumulation of US bonds by Asian investors and central banks, the world finance experts suggest that the fate of Washington's economy is in the hands of Asia
The benchmark price of American cotton dropped to 44 cents on Tuesday, which would impact negatively on Pakistan cotton, said exporters. Exporters were lucky to get 44 cents per pound from Bangladesh and Thailand in the recent weeks. Exporters said that f
The benchmark price of American cotton dropped to 44 cents on Tuesday, which would impact negatively on Pakistan cotton, said exporters. Exporters were lucky to get 44 cents per pound from Bangladesh and Thailand in the recent weeks. Exporters said that f
The Central Board of Revenue (CBR) has decided to fully utilise the experience of income tax officials recently transferred to the sales tax department for improving the quality of sales tax audit, which is solely in the hands of a low grade sales tax aud
The Central Board of Revenue (CBR) has decided to fully utilise the experience of income tax officials recently transferred to the sales tax department for improving the quality of sales tax audit, which is solely in the hands of a low grade sales tax aud
A MiG 21 fighter aircraft of Indian Air Force crashed near Nal airbase in Bikaner following engine failure, IAF officials said on Tuesday. The aircraft was on a routine night sortie when it crashed in sand dunes close to air base, IAF spokesman said. He s
A MiG 21 fighter aircraft of Indian Air Force crashed near Nal airbase in Bikaner following engine failure, IAF officials said on Tuesday. The aircraft was on a routine night sortie when it crashed in sand dunes close to air base, IAF spokesman said. He s
Asset Investment Bank has entered into an amalgamation agreement with an institution which would help the bank to meet the capital requirement ceiling set by the Securities and Exchange Commission of Pakistan (SECP). According to an information received f
Asset Investment Bank has entered into an amalgamation agreement with an institution which would help the bank to meet the capital requirement ceiling set by the Securities and Exchange Commission of Pakistan (SECP). According to an information received f
Asset Investment Bank has entered into an amalgamation agreement with an institution which would help the bank to meet the capital requirement ceiling set by the Securities and Exchange Commission of Pakistan (SECP). According to an information received f
The Pakistani textile exporters are thinking of using Bangladesh origin for their exports to the European Union (EU) to avail of the duty-free status under the new Generalised System of Preferences (GSP) scheme, industry sources revealed.
The Pakistani textile exporters are thinking of using Bangladesh origin for their exports to the European Union (EU) to avail of the duty-free status under the new Generalised System of Preferences (GSP) scheme, industry sources revealed.
Pakistan said on Tuesday that it had established a strong safety culture in its nuclear installations and taken additional measures to prevent proliferation of weapons of mass destruction (WMD).
The Higher Education Commission (HEC) and Swedish Institute (SI) Stockholm has signed Memorandum of Understanding (MoU) regarding scholarship program for higher studies of University teachers and scholars of Pakistan in Sweden.
Dr Asma Bokhari of National AIDS Control Programme in the National Institute of Health (NIH) said that HIV-AIDS is rising in Pakistan and an estimated 24,000 young people are infected out of 70,000 to 80,000 HIV-AIDS cases in Pakistan.
Industries and Production Minister Jahangir Tareen has refused to give Rs 215 million working capital to Pak-China Fertiliser expected to be rehabilitated after formal approval by Economic Co-ordination Committee (ECC) of the Cabinet, sources told Busi
Current annual steel production and capacity of Pakistan Steel Mills (PSM) Karachi will be expanded to cater needs of the country and an ambitious plan has been chalked out to further augment its capacity from I to 3 million tonnes.
Sindh Chief Minister Dr Arbab Ghulam Rahim on Tuesday appealed to Zamindars and growers to abide by their promise and ensure early supply of sugarcane to sugar mills in the province.
Pakistan on Tuesday reiterated that its policy on Kashmir remained unchanged, but called for a mutual flexibility and the need for creating a new environment for the resolution of the lingering dispute.
Total 202 companies were registered with the Securities and Exchange Commission of Pakistan (SECP), under the Companies Ordinance, during October, 2004, as compared to 162 companies registered in October 2003, reflecting an increase of 25 percent.
The Privatisation Commission has paid Rs 6.1 billion to 30,900 workers of privatised industrial units under golden handshake (GHS)/voluntary separation scheme (VSS). According to a handout issued by the Privatisation Commission here, none of the industria
The combined opposition on Tuesday staged walkout from the Senate against the passage of bill allowing General Pervez Musharraf to keep both the offices of president and military chief after December 31.
Secretary General of Pakistan Muslim League (PML-Q), Senator Mushahid Hussain Syed said on Tuesday that the special committee of the Senate would visit Quetta on Wednesday to seek a political solution to the situation in Balochistan.
The 17th session of the Senate was prorogued on Tuesday at the conclusion of weeklong tumultuous proceedings the highlight of which was the passage of the uniform bill. The bill entitled President Musharraf to keep the office of Army chief beyond December
The treasury and opposition benches in the Senate on Tuesday called for a discussion on the State Bank of Pakistan's report on the national economy. Both sides contended on a series of points of order that the report either be debated in the House or refe
Treasury senators on Tuesday grilled the Police Department for corruption, bribery, delayed justice, cronyism, nepotism, and fake investigation system.
Islamabad traffic police has declared Jinnah Avenue Blue Area (JABA) as Silent zone (Horn free road) to bring improvement in traffic system and reduce noise pollution.
An amount of Rs 22 billion would be spent for bricks linings of 29,000 water courses of Sindh province during the next four years with the objective of managing and saving irrigation water for increase in crop production.
The Prime Minister of Pakistan Shaukat Aziz inaugurated new plant at the Security Papers Limited (SPL) on Saturday 30th October 2004. In the visitors book he wrote, "once again it is pleasure to visit PSPC. It is an excellent example of modern corporate g
Faisalabad Police busted 136 gangs of criminals busy in rampant dacoities, highway robberies and thefts and nabbed 567 members of these gangs during the past 10 months. This was stated by M Amin Vains, District Police Officer, Faisalabad, here on Tuesday.
The Prime Minister of Pakistan Shaukat Aziz inaugurated new plant at the Security Papers Limited (SPL) on Saturday 30th October 2004. In the visitors book he wrote, "once again it is pleasure to visit PSPC. It is an excellent example of modern corporate g
Pakistan's ambassador in Russia, Syed Iftikhar Murshed has said that Islamic countries should enact laws to promote enlightened moderation in their societies.
The rupee extended overnight gains versus dollar in the inter-bank market on Tuesday, picking up 30 paisa at Rs 60.55 and Rs 60.60 on the buying and selling counters, respectively. Last week, the SBP decision had made the availability of dollars easier in
A former senior vice-chairman of Faisalabad Dry Port Trust, Fahim Mahmood Shah, hosted an Iftar dinner at his residence in Civil Lines here on Monday for Mushtaq Ali Cheema, Federal Minister for Textile Industry.
The rupee extended overnight gains versus dollar in the inter-bank market on Tuesday, picking up 30 paisa at Rs 60.55 and Rs 60.60 on the buying and selling counters, respectively. Last week, the SBP decision had made the availability of dollars easier in
Ghaibana Namaz-e-Janaza of Mian Muhammad Sharif was held on Tuesday in District Court which was largely attended by the lawyers of opposition parties, elite of the area, and activists of PPP and PNL-N, PDP, Tehrik-e-Insaf and MMA.
The Standard Chartered Modaraba, member of Standard Chartered Group held its fifth Annual Review meeting of certificate-holders on October 21 at the Institute of Bankers here.
Chairman CBR should look into the matter of unannounced imposition of 25% customs duty on software products by customs authorities. Earlier, the software products were imported under HS Code 9934:0000 and were exempted from customs duty and sales tax.
Half a century after the start of Algeria's war of independence, ties between Paris and Algiers have improved to the point of planning a friendship treaty next year.
The use of "exincome" flows a concept of expenditure-income ("exincome") flows should be developed to create a system that can collect and process information needed by field formations rather than work with what they passively received.
SECP decision: The recent decision made by the Securities and Exchange Commission of Pakistan (SECP) in the matter of show cause notice issued to Pakistan-Kuwait Investment Company (Pvt) Limited (PKIC) circulated to all stock exchanges regarding the insid
Speaking as chief guest at the ground-breaking ceremony of Karachi Port Trust's Rs 606 million three-tier flyover on Korangi Road, last Saturday, Prime Minister Shaukat Aziz seems to have deemed it politic to reiterate the government's commitment to inter
In a startling statement in the Senate on Saturday, Senator Mushahid Hussain, extended a hand of reconciliation towards the two major Opposition parties, the PPP and the PML-N. Said he, "time has come for a grand national reconciliation... all political p
The Lahore Chamber of Commerce and Industry (LCCI) and the Punjab-Haryana-Delhi Chamber of Commerce and Industry (PHDCCI) have decided to form a joint committee that will make efforts to promote Indo-Pak business and trade relations. The 12-member committ
Special teams comprising three members each of Chief Minister's Inspection Team (CMIT) have been constituted that would submit its reports to the Punjab Chief Minister about monitoring, quality of work and utilisation of funds in mega projects of agricult
Punjab University (PU) vice-chancellor Arshad Mahmood chaired a meeting here on Tuesday, to review the arrangements of the Provincial Students Convention to be held in the first week of December at Aiwan-i-Iqbal.
The chairman, Pakistan Cricket Control Board (PCB), Shaharyar Khan, has said that Meera Phailbus has agreed to become the National Convener of Women's cricket in Pakistan. Mrs Phailbus has recently retired after 32 years as the principal of Kinnaird Colle
Dawlance a leading brand of home appliances in collaboration with Habib Bank Limited and Fridge Center is celebrating a 'Dawlance Mela' at Mughl-e-Azam Hall Barkat Market Lahore. The Mela that commenced late last month will continue till November 7.
The annual general meeting (AGM) of Pak-Gulf Leasing Company Ltd was held on October 30th 2004 at the registered office of the company to approve the audited accounts of the company for the year ended June 30th 2004. Chairman of the Board Sohail Inam Ella