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Print - 2004-11-26
Pakistanis in US urged to join mainstream

Pakistanis in US urged to join mainstream

Mowahid Hussain Shah, Special Assistant to Chief Minister Punjab, on Tuesday evening said, to face the challenges of the post 9/11 world, it is imperative that the Pakistani-American community "develops confidence to reach out." He said this in his remark
Published 26 Nov, 2004 12:00am
Changes in State Department not to affect Pak-US ties: foreign office

Changes in State Department not to affect Pak-US ties: foreign office

Foreign Office spokesman Masood Khan has said the changes in US State Department will not affect Pak-US relations rather they will further be strengthened in the days to come. Pakistan has no reservations whatsoever on whatever the changes are being made
Published 26 Nov, 2004 12:00am
The Weather

The Weather

The weather report on Thursday (November 25) and the forecast for Friday (November 26, 2004).
Published 26 Nov, 2004 12:00am
Babar for suo motu action in Benazir Bhutto conviction in absentia

Babar for suo motu action in Benazir Bhutto conviction in absentia

Legal advisor to the PPP Chairperson Benazir Bhutto and her spouse Asif Ali Zardari, Babar Awan has appealed the Supreme Court (SC) of Pakistan to take suo motu action to waive imprisonment granted to Benazir Bhutto in absentia. Addressing a press confere
Published 26 Nov, 2004 12:00am
Key stock market movements at 1800 GMT on November 25

Key stock market movements at 1800 GMT on November 25

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 26 Nov, 2004 12:00am
Aamir Khan coming on December 12

Aamir Khan coming on December 12

Renowned Indian film actor Aamir Khan along with his team members would attend the ground breaking ceremony of Shaukat Khanum Memorial Cancer Hospital and Research Centre (SKMCH&RC) to be held in Karachi on December 12. According to the hospital's spokesm
Published 26 Nov, 2004 12:00am
10 million atta bags to be distributed

10 million atta bags to be distributed

Punjab Chief Minister, Chaudhry Pervaiz Elahi, has announced provision of 10 million atta bags from December 1, to benefit hundred of thousands of poor, deserving, orphans and widows in the province. While presiding over a high-level meeting held in conne
Published 26 Nov, 2004 12:00am
SROs, smuggling: LCCI bodies to prepare recommendations

SROs, smuggling: LCCI bodies to prepare recommendations

The Lahore Chamber of Commerce and Industry (LCCI) has decided to form two committees to prepare recommendations for sorting out the issue of SROs and evolving strategy to curb the menace of smuggling. The committees will finalise its proposals and send t
Published 26 Nov, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 26 Nov, 2004 12:00am
'MMA has unanimous stance on national issues'

'MMA has unanimous stance on national issues'

NWFP Local Government and Rural Development Minister Sardar Muhammad Idrees has claimed that the Muttahida Majlis-i-Amal (MMA) was one of the biggest as well as the strongest alliance in the history of Pakistan having unanimous stance on all national poli
Published 26 Nov, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 26 Nov, 2004 12:00am
Improvement of water courses programme launched

Improvement of water courses programme launched

Work on Rs 1,820 million programme for improvement of water courses has been launched on twelve water courses of Hyderabad district and the first ever lining scheme of water courses is about to be completed in Taluka Matiari. The DCO Hyderabad Muhammad Hu
Published 26 Nov, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (November 25, 2004).

Published 26 Nov, 2004 12:00am
Hardware exhibition in Karachi from December 3

Hardware exhibition in Karachi from December 3

Pakistan Hardware Merchant's Association (PHMA) Chairman Basit Alvi said that Sindh governor Dr Ishrat-ul-Ibad Khan had agreed to inaugurate hardware exhibition "Hardlinks" scheduled to be held at Expo Center from December 3 to 5, 2004. Addressing a press
Published 26 Nov, 2004 12:00am
Nutrition conference from December 1

Nutrition conference from December 1

Around 500 delegates have so far confirmed their participation in the International Nutrition Conference-2004, being organised by Nutritionists Association of Pakistan (NAP) here on December 1 & 2. According to Professor Dr Talat Naseer Pasha, who is orga
Published 26 Nov, 2004 12:00am
Bullion rates

Bullion rates

The bullion rates in major markets of the country on Thursday.

Published 26 Nov, 2004 12:00am
CAP announces consumer choice awards

CAP announces consumer choice awards

Consumer Association of Pakistan (CAP) has taken the initiative of instituting on a regular yearly basis "Consumers Choice Awards" for such products and services, which enjoys distinct quality, cost and reputation over others. Addressing a press conferenc
Published 26 Nov, 2004 12:00am
Bullion rates

Bullion rates

The bullion rates in major markets of the country on Thursday.

Published 26 Nov, 2004 12:00am
Review of Fertiliser Policy under study: minister

Review of Fertiliser Policy under study: minister

Federal Food and Agriculture Minister Sikander Hayat Bosan has said that the government is considering to review Fertiliser Policy so as to check unjustified price hike. While addressing a "Wheat seminar" sponsored by Pakistan Crop Protection Association
Published 26 Nov, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (November 25, 2004).

Published 26 Nov, 2004 12:00am
HBL launches credit scheme for livestock sector

HBL launches credit scheme for livestock sector

Habib Bank has launched special campaign for the promotion of agricultural credit for livestock including fisheries. Realising the importance of livestock sub-sector and its role in poverty alleviation, the Habib Bank introduced Haryali Livestock Finance
Published 26 Nov, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (November 25) and rates for Friday (November 26, 2004).
Published 26 Nov, 2004 12:00am
Bomb hoax creates panic in Sindh Assembly

Bomb hoax creates panic in Sindh Assembly

The Sindh Assembly session on Thursday began at 11:40 am amid panic among the members due to a bomb hoax and frightening telephone call regarding a bomb planted in the building. The session ended on a note of warning Speaker Muzaffar Hussain Shah gave to
Published 26 Nov, 2004 12:00am
Belgian visa for Pakistani traders on priority basis: envoy

Belgian visa for Pakistani traders on priority basis: envoy

Belgian Ambassador to Pakistan, Patrick Renauld has termed Peshawar a big and vast trade centre for Afghanistan and Central Asian Republics (CARs), saying that the city has enormous potential of investment. The Belgian ambassador was addressing the inaugu
Published 26 Nov, 2004 12:00am
Contracts for 60,000 tonnes urea import awarded

Contracts for 60,000 tonnes urea import awarded

Trading Corporation of Pakistan (TCP) has awarded supply contracts to two international firms for import of 60,000 metric tons of urea to meet domestic demand for "Rabi season". Chairman TCP Syed Masood Alam Rizvi said here on Thursday the corporation had
Published 26 Nov, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (November 25, 2004).

Published 26 Nov, 2004 12:00am
Delay in Kinno exports causes $2.7 million loss

Delay in Kinno exports causes $2.7 million loss

The delay in kinno export caused a loss of 2.7 million dollars during the current month due to non-ripening of the fruit to its full maturity. This was stated by All Pakistan Vegetable and Fruits Processors and Exporters Association Chairman Mateen Siddiq
Published 26 Nov, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 25, 2004).

Published 26 Nov, 2004 12:00am
'Body to combat HIV/AIDS being planned'

'Body to combat HIV/AIDS being planned'

The ministry of health has reported 2,462 HIV/AIDS positive cases in the country whereas about 286 patients have so far been confirmed as AIDS victims in all the four provinces. It was also learnt that men are biologically more prone to the disease than w
Published 26 Nov, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 25, 2004).

Published 26 Nov, 2004 12:00am
PTDC office shifted

PTDC office shifted

The office of Pakistan Tourism Development Corporation (PTDC) along with Lahore-Delhi Bus Service will be shifted to its new premises here on Friday. The new office is at house No 66-D-I, Gulberg-III and the new telephone number is 5755940.
Published 26 Nov, 2004 12:00am
Osama not hiding in tribal area: Safdar

Osama not hiding in tribal area: Safdar

Al Qaeda chief Osama bin Laden can not be hiding in tribal lands on the Afghan border as Pakistani forces have combed the area and found no hint of him, a army commander said on Thursday. Bin Laden and his bodyguards could not go undetected in the rugged
Published 26 Nov, 2004 12:00am
New road from Karachi to Duddar to be constructed: Prime Minister

New road from Karachi to Duddar to be constructed: Prime Minister

Chief Minister Balochistan Jam Muhammad Yousaf called on Prime Minister Shaukat Aziz here on Thursday and discussed matters relating to the economic development of the province with special reference to Duddar Lead Zinc Project being undertaken in Distric
Published 26 Nov, 2004 12:00am
THE RUPEE: euro picks up 30 paisa

THE RUPEE: euro picks up 30 paisa

Range-bound trading seen in the inter-bank market on Thursday as the rupee-dollar parity moved slightly on comfortable supply of the greenback, dealers said. The rupee was available at 59.84 and 59.86 per dollar amid higher demand by the corporate sector,
Published 26 Nov, 2004 12:00am
THE RUPEE: euro picks up 30 paisa

THE RUPEE: euro picks up 30 paisa

Range-bound trading seen in the inter-bank market on Thursday as the rupee-dollar parity moved slightly on comfortable supply of the greenback, dealers said. The rupee was available at 59.84 and 59.86 per dollar amid higher demand by the corporate sector,
Published 26 Nov, 2004 12:00am
MTU commissioner empowered to deal with income tax issues

MTU commissioner empowered to deal with income tax issues

The Central Board of Revenue (CBR) has given powers to the commissioner of income tax (CIT), medium taxpayers unit (MTU), Karachi to deal with the income tax matters of medium taxpaying units of Karachi from December 1.
Published 26 Nov, 2004 12:00am
Modarabas: First Habib Modaraba - Year Ended 30-06-2004

Modarabas: First Habib Modaraba - Year Ended 30-06-2004

During the year under review the Modaraba has produced record highest financial and operating results in its career. Gross Revenue was recorded at Rs 842.54 million as against Rs 743.624 million in the preceding year registering 13.3% increase. Lease rent
Published 26 Nov, 2004 12:00am
Health ministry approves PC-1 of cardiac surgery centre, burn unit

Health ministry approves PC-1 of cardiac surgery centre, burn unit

The health ministry has approved PC-I of Cardiac Surgery Centre and Burn Unit at Pakistan Institute of Medical Sciences (PIMS), Business Recorder has learnt. The PIMS administration has submitted proposals to the government, seeking setting up of n
Published 26 Nov, 2004 12:00am
Modarabas: First Habib Modaraba - Year Ended 30-06-2004

Modarabas: First Habib Modaraba - Year Ended 30-06-2004

During the year under review the Modaraba has produced record highest financial and operating results in its career. Gross Revenue was recorded at Rs 842.54 million as against Rs 743.624 million in the preceding year registering 13.3% increase. Lease rent
Published 26 Nov, 2004 12:00am
Iran ready to launch ferry service to Gwadar, Karachi

Iran ready to launch ferry service to Gwadar, Karachi

Iran is ready to launch a ferry service from Chahbahar Port in Iran to Gwadar and Karachi said governor of Iran province of Sistan-Balochistan, Engineer Hussain Amini during his visit to the Chambers of Commerce and Industry here. The government of Iran w
Published 26 Nov, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (November 25, 2004).

Published 26 Nov, 2004 12:00am
Lahore High Court issues notice to government on Hashmi's bail plea

Lahore High Court issues notice to government on Hashmi's bail plea

The Lahore High Court (LHC) has put the government under notice on a bail application moved on behalf of Javed Hashmi, member of the National Assembly after a brief hearing in Rawalpindi on Thursday morning. A single bench comprising Justice Akhtar Shabbi
Published 26 Nov, 2004 12:00am
Hanover Fair in Germany: 'Pakistan event to be made a great success'

Hanover Fair in Germany: 'Pakistan event to be made a great success'

Federal Minister for Industries Production and Special Initiatives, Jehangir Khan Tareen has emphasised that "Pakistan event" on the occasion of Hanover Fair in Germany will be made memorable and successful, as it would not only increase exports of indust
Published 26 Nov, 2004 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (November 25, 2004).

Published 26 Nov, 2004 12:00am
Majlis Ahrar to hold protest today

Majlis Ahrar to hold protest today

Majlis Ahrar-i-Islam Pakistan has announced to observe protest on November 26, Friday against omission of the column of "religion" from the Readable passports describing it a "coverage to Qadianis" who were declared Non-Muslim in 1973 constitutionally. "W
Published 26 Nov, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Nov, 2004 12:00am
Efforts being made to resolve masses' problems: Nazim

Efforts being made to resolve masses' problems: Nazim

All out efforts are being made for resolving the problems confronting to masses living in the rural and urban areas of the district said Sialkot District Nazim Mian Naeem Javed. Talking to Business Recorder here on Thursday he added that district g
Published 26 Nov, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Nov, 2004 12:00am
PHMA concerned over EPB notice

PHMA concerned over EPB notice

Pakistan Hosiery Manufacturers Association (PHMA) (North Zone) expressed concern over the Notification of Export Promotion Bureau (EPB) and said that exporters would heavily suffer if no immediate remedial measures were taken at this crucial juncture of q
Published 26 Nov, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.

Published 26 Nov, 2004 12:00am
Health moot from December 15

Health moot from December 15

Dow University of Health Science (DUHS) will be holding its first annual symposium, "Care of Community- Marching Towards Excellence" from December 15 to 20 with more than 100 foreign medical experts and over 1000 health professionals, researchers, scienti
Published 26 Nov, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (November 25, 2004).

Published 26 Nov, 2004 12:00am
Indo-Pak ties can improve only after Kashmir solution: Rashid

Indo-Pak ties can improve only after Kashmir solution: Rashid

Minister for Information and Broadcasting Sheikh Rashid Ahmed said on Thursday that relations between India and Pakistan can only improve after resolution of the Kashmir issue. Talking to newsmen here, he said the visit of Prime Minister Shaukat Aziz to I
Published 26 Nov, 2004 12:00am
23 foreign teams to visit SCCI today

23 foreign teams to visit SCCI today

As many as 23 foreign delegates of "Global forum for sports and environment" will visit the Sialkot Chamber of Commerce and Industry (SCCI) on Friday (November 226) They will address a meeting of the Sialkot business community at the Sialkot Chamber of Co
Published 26 Nov, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 Nov, 2004 12:00am
Measures suggested for farm uplift in rural areas

Measures suggested for farm uplift in rural areas

Minister of State for Finance Omar Ayub Khan has said that government is determined for the uplift of rural areas to bring a green revolution in the country. He was addressing at the inaugural session of a workshop titled "Agriculture growth and the deter
Published 26 Nov, 2004 12:00am
Hockey stadium near completion

Hockey stadium near completion

Necessary arrangements are being given final shape for the construction of a modern hockey stadium cost more than Rs 70 million at Sialkot, official sources told Business Recorder here on Thursday that the construction works of the stadium would be
Published 26 Nov, 2004 12:00am
Inquiry into police torture ordered

Inquiry into police torture ordered

District Co-ordination Officer, Muzaffargarh, Chaudhry Muhammad Azhar has ordered an inquiry on Thursday into the police torture on the candidates who gathered in front of office of water management in Khangarh on Wednesday, resultantly a clash took place
Published 26 Nov, 2004 12:00am
Seminar on inter-provincial co-ordination in January

Seminar on inter-provincial co-ordination in January

A seminar on inter-provincial co-ordination will be held in the first week of January 2005 in Karachi. This was decided by Inter-Provincial Co-ordination Minister Dr Sohrab Khan Sarki, while presiding over a meeting with the officers of the Inter-Provinci
Published 26 Nov, 2004 12:00am
PTCL told to meet new connection target

PTCL told to meet new connection target

The President of Pakistan Telecommunication Company Limited (PTCL), Junked I. Khan has directed the company's officers to meet the target of installation of new telephone connections and to improve the existing services in order to increase the customer b
Published 26 Nov, 2004 12:00am
Government engaged in CBMs with India: Mushahid

Government engaged in CBMs with India: Mushahid

Chairman Senate Foreign Relations Committee Senator Mushahid Hussain Sayed on Thursday said Pakistan was engaged in confidence building measures with India with sincerity to ensure peace in the region and promote development. Talking to Indian journalists
Published 26 Nov, 2004 12:00am
Art can promote peace in South Asia: Shaukat

Art can promote peace in South Asia: Shaukat

Prime Minister Shaukat Aziz has said that art can play an effective role in promotion of peace and artists of South Asia by putting their energies together could make the region a centre of peace. South Asian countries have a lot of potential in the field
Published 26 Nov, 2004 12:00am
Ministers visit KSEW

Ministers visit KSEW

Minister of Defence Rao Sikandar Iqbal accompanied by Minister of State for Defence Zahid Hamid visited the Karachi Shipyard and Engineering Works (KSEW) here on Thursday. An announcement of the organisation said the Ministers were given a detailed briefi
Published 26 Nov, 2004 12:00am
Pemra organises discussion for proposed 'Media City'

Pemra organises discussion for proposed 'Media City'

Pakistan Electronic Media Regulatory Authority (Pemra) received proposals and suggestions from private television channels for its proposed 'Media City' project and assured them to provide best possible facilities to fulfil the requirement of TV channels.
Published 26 Nov, 2004 12:00am
Corruption root cause of poverty, injustice: Punjab governor

Corruption root cause of poverty, injustice: Punjab governor

Punjab Governor Lieutenant General Khalid Maqbool (Retd) has said corruption was root cause of poverty and injustice, and also negation of fundamental rights as well as spirit of democracy. While addressing a conference on the topic of 'Combating Corrupti
Published 26 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Thursday (November 25, 2004).

Published 26 Nov, 2004 12:00am
Robbers escape from police station

Robbers escape from police station

Five robbers arrested in an armed robbery managed to escape after busting the lockup of 'A' Section Police Station Latifabad in broad daylight. On Thursday afternoon, the robbers broke the window of the police station and managed to escape from the lock-u
Published 26 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Thursday (November 25, 2004).

Published 26 Nov, 2004 12:00am
Arts Council honours Adeeb Rizvi, Sadia Rashid and others

Arts Council honours Adeeb Rizvi, Sadia Rashid and others

The Arts Council of Karachi gives Every year honorary membership to leading personalities in recognition of their contribution to the various fields and services to the society. This year too, the Arts Council, at a ceremony held on Wednesday, awarded hon
Published 26 Nov, 2004 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Thursday (November 25, 2004).

Published 26 Nov, 2004 12:00am
Swedish firm likely to invest in mobile phone sector

Swedish firm likely to invest in mobile phone sector

Jan Palmstierna Ambassador of Sweden and leader of the Swedish trade delegation, informed the business community that a Swedish firm has applied for grant of licence and if it is granted, the firm will make huge investment in mobile phones. Speaking at a
Published 26 Nov, 2004 12:00am
Students urged to utilise potentials for development

Students urged to utilise potentials for development

The speakers at Mohammad Ali Jinnah University convocation urged the students to use their potentials for development of the country. The 3rd MAJU convocation was held here in the Convention Center on Thursday in which as much as 175 students were awarded
Published 26 Nov, 2004 12:00am
3,163 children languishing in prisons

3,163 children languishing in prisons

More than 3,163 children are languishing in 86 prisons of the country and are facing harsh and inhuman attitude of the jail administrations having negative impacts on their mentality and main cause to ruin their future. Punjab, being a bigger province in
Published 26 Nov, 2004 12:00am
Elimination of Violence Against Women Day went unnoticed

Elimination of Violence Against Women Day went unnoticed

The fifth International Day for the Elimination of Violence Against Women on Thursday was commemorated in the provincial metropolis with silence, as the NGOs making tall claims about women rights not organised a single event to mark the Day. The day is ob
Published 26 Nov, 2004 12:00am
Shaukat to inaugurate moot on volunteerism, MDGs on December 5

Shaukat to inaugurate moot on volunteerism, MDGs on December 5

The Prime Minister Shaukat Aziz will officially inaugurate the first international conference on 'Volunteerism and the Millennium Development Goals' here on December 5. This was disclosed by Dr Nasim Ashraf, Minister of State and Chairman National Commiss
Published 26 Nov, 2004 12:00am
More flora research beneficial to mankind, seminar told

More flora research beneficial to mankind, seminar told

The scholars and experts of botany discipline have stressed the need for research and preservation of the flora. These views were expressed at the inaugural session of a six-day national seminar on "New trends in plant science," organised by the Botany De
Published 26 Nov, 2004 12:00am
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