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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-12-06
European shares and bonds set to gain in 2005

European shares and bonds set to gain in 2005

European bonds and equities could benefit in 2005 as investors react to an increasingly weak regional economy and stay loyal to firms able to lift profits in a climate of sustained, if slowing, global growth. That is the view of strategists and fund manag
Published 06 Dec, 2004 12:00am
UK's Smith in talks to buy Medex for $1 billion

UK's Smith in talks to buy Medex for $1 billion

British aerospace to medical products firm Smiths Group Plc is in advanced talks to buy US medical products maker Medex Holdings Corp for close to $1 billion, the Sunday Telegraph newspaper reported. California-based Medex is majority-owned by One Equity
Published 06 Dec, 2004 12:00am
South African stocks: rally ebbs; rates, Gold Fields eyed

South African stocks: rally ebbs; rates, Gold Fields eyed

Investors are set to take profits on South Africa's record-breaking stocks this week as chances of an interest rate cut dim, but banks, led by Absa, and retail shares are expected to remain attractive. A slump in rand-sensitive resource companies this wee
Published 06 Dec, 2004 12:00am
US market: investors may sell stocks

US market: investors may sell stocks

Stocks may come under pressure this week as investors sell shares at year's end to prepare for tax season. But crude oil prices, earnings outlooks and moves in the dollar will also be closely watched. Economic data on productivity and labour costs, produc
Published 06 Dec, 2004 12:00am
Footballer dies after scoring the winning goal

Footballer dies after scoring the winning goal

Brazilian-born striker Cristiano de Lima Junior playing for a domestic Indian club died on the field Sunday after scoring the winning goal for his team, Indian football official Alberto Colaso said. "After scoring the goal he had a collision with the goal
Published 06 Dec, 2004 12:00am
Bangladeshi Islamists threaten to kill Indian cricketers

Bangladeshi Islamists threaten to kill Indian cricketers

Islamic extremists have threatened Indian cricketers due to begin a tour of Bangladesh this week with serious consequences if they went ahead with their trip, the Indian high commissioner to Bangladesh said on Sunday. "Bangladesh foreign ministry has been
Published 06 Dec, 2004 12:00am
England complete 4-0 whitewash

England complete 4-0 whitewash

England completed a 4-0 whitewash in their one-day international series against Zimbabwe on Sunday. England scored 261 for six and then dismissed Zimbabwe for 187 in 48.4 overs to win the fourth and final match of the rubber by 74 runs. England had teeter
Published 06 Dec, 2004 12:00am
Moya wins Davis Cup for Spain

Moya wins Davis Cup for Spain

A majestic Carlos Moya tamed world number two Andy Roddick 6-2 7-6 7-6 on Sunday to clinch the Davis Cup for Spain. The popular Mallorcan erased the heartache of missing Spain's maiden triumph in 2000 by bringing the American to his knees in front of more
Published 06 Dec, 2004 12:00am
New Zealand beat Australia in one-dayer

New Zealand beat Australia in one-dayer

New Zealand beat Australia by four wickets with two balls to spare in their opening Chappell-Hadlee Trophy one-day cricket international at Docklands Stadium here on Sunday. Wicketkeeper Brendon McCullum hit the winning run in Shane Watson's final over to
Published 06 Dec, 2004 12:00am
Sohail keeps Pakistan in hunt as the Dutch and Spain win again

Sohail keeps Pakistan in hunt as the Dutch and Spain win again

World record goal scorer Sohail Abbas continued his amazing run as hosts Pakistan came from behind to down New Zealand 3-1 for a second consecutive win in the men's Champions Trophy field hockey here on Sunday. The Netherlands and Spain also recorded thei
Published 06 Dec, 2004 12:00am
Tremor hits Algeria, 46 injured

Tremor hits Algeria, 46 injured

An earth tremor shook a region near the Algerian capital on Sunday, slightly injuring 46 people days after an earthquake hit the same area, officials said. The state seismological institute said the tremor measured 4.7 on the Richter scale, and hit at 9:3
Published 06 Dec, 2004 12:00am
Mbeki in Ivory Coast rebel town on peace mission

Mbeki in Ivory Coast rebel town on peace mission

South African President Thabo Mbeki took his peace mission to Ivory Coast's rebel town of Bouake on Sunday, where he was greeted by tens of thousands of people demanding President Laurent Gbagbo quit. "We don't want Gbagbo," an excited crowd chanted at th
Published 06 Dec, 2004 12:00am
Ghana's leader seen winning second term in poll

Ghana's leader seen winning second term in poll

Ghana's leader John Kufuor is expected to snare a second and final four-year term when voters in the world's number two cocoa grower choose their leader in a presidential election next Tuesday. The poll will be the fourth since multi-party democracy was i
Published 06 Dec, 2004 12:00am
Developed world seen morally obliged to boost aid

Developed world seen morally obliged to boost aid

Rich countries have let foreign aid budgets fall by half since the 1960s despite their own increasing prosperity, and are morally obliged to boost their help for poor nations, a development aadvocacy group said on Sunday "Making this finance available is
Published 06 Dec, 2004 12:00am
China says first Sars vaccine 'safe, effective'

China says first Sars vaccine 'safe, effective'

China's government announced Sunday that a vaccine for Severe Acute Respiratory Syndrome (SARS) had emerged from the first phase clinical test as both safe and effective, state press reported. Xinhua news agency quoted Wang Xiaofang, a senior official wit
Published 06 Dec, 2004 12:00am
Hungarians vote in divisive nationality referendum

Hungarians vote in divisive nationality referendum

Hungarians were slow to vote on Sunday in a referendum granting dual citizenship to millions of their compatriots living abroad, with turnout low half-way through the poll that has stirred emotions at home and abroad. Supporters of the proposal say it cou
Published 06 Dec, 2004 12:00am
Sudan agrees to talks with third Darfur rebel group

Sudan agrees to talks with third Darfur rebel group

Sudan said on Sunday it had agreed to hold political talks with a third rebel group from its troubled Darfur region. Foreign Minister Mustafa Osman Ismail said the talks with the rebel National Movement for Reform and Development (NMRD) would be separate
Published 06 Dec, 2004 12:00am
Putin arrives in Turkey

Putin arrives in Turkey

Russian President Vladimir Putin arrived in Turkey on Sunday for a two-day official visit aimed at strengthening political and economic ties between the two countries, the Anatolia news agency reported. Putin's visit is the first of its kind in 32 years.
Published 06 Dec, 2004 12:00am
Kazakhstan coal mine blast kills 23

Kazakhstan coal mine blast kills 23

A powerful blast ripped through a coal mine in Kazakhstan on Sunday, killing 23 people, a spokesman for the Central Asian state's Emergencies ministry said. "Twenty-three dead have been recovered. Three injured miners have been taken to hospitals," the sp
Published 06 Dec, 2004 12:00am
OSCE set to approve anti-terror action, reforms

OSCE set to approve anti-terror action, reforms

The Organisation for Security and Co-operation in Europe (OSCE) will adopt new anti-terror measures and increase its top administrator's powers at a meeting in Sofia this week, the group's chairman said on Sunday. Solomon Passy, Bulgaria's foreign ministe
Published 06 Dec, 2004 12:00am
Norway to launch fresh bid to salvage Sri Lankan peace process

Norway to launch fresh bid to salvage Sri Lankan peace process

Norway is sending a top envoy for another attempt to save Sri Lanka's faltering peace process amid fears that Tiger rebels may return to their protracted armed struggle, diplomats said Sunday. Envoy Erik Solheim is due here in eight days to try and get ta
Published 06 Dec, 2004 12:00am
Israel and Egypt exchange prisoners in major boost to relations

Israel and Egypt exchange prisoners in major boost to relations

A major thorn in the side of Israeli-Egyptian relations was removed on Sunday after Cairo freed an Israeli Druze jailed seven years ago for spying as the Jewish state released six Egyptian students. Azzam, who was jailed back in September 1997 for 15 year
Published 06 Dec, 2004 12:00am
15 dead in China bus plunge

15 dead in China bus plunge

Fifteen people were killed and eight were injured when a bus plunged into a river in south-west China's Guangxi region Sunday, the official Xinhua news agency reported. The accident occurred near Hezhou city, the agency said, adding that an investigation
Published 06 Dec, 2004 12:00am
Nepal army says dozens of rebels killed in clash

Nepal army says dozens of rebels killed in clash

The Nepali army said on Sunday dozens of Maoist rebels may have been killed in a gunbattle that erupted after the guerrillas attacked a security patrol in the west of the Himalayan kingdom. The army said in a statement it had lost eight soldiers in the at
Published 06 Dec, 2004 12:00am
Hamas rejects cease-fire with Israel

Hamas rejects cease-fire with Israel

Hamas ruled out any truce with Israel on Sunday and repeated its desire to destroy the Jewish state, rejecting what had appeared to be more conciliatory comments by one of the group's leaders. "There is no talk about a truce now at all," Mahmoud Al-Zahar,
Published 06 Dec, 2004 12:00am
Philippines rushes relief to flooded areas

Philippines rushes relief to flooded areas

Philippine troops rushed food and drinking water by foot and helicopters on Sunday to areas cut off by four storms that left more than 1,300 people dead or missing as residents scrambled to flee the region People in some of the worst-affected areas of the
Published 06 Dec, 2004 12:00am
Security tight on eve of Babri mosque destruction anniversary

Security tight on eve of Babri mosque destruction anniversary

Security was boosted on Sunday in the northern Indian town of Ayodhya a day before the anniversary of the 1992 demolition of a mosque that sparked bloody riots between Hindus and Muslims, an official said. Ayodhya's superintendent of police, S.S. Baghel s
Published 06 Dec, 2004 12:00am
Tens of thousands march in duel over Taiwan's name

Tens of thousands march in duel over Taiwan's name

Some 75,000 people took part in two marches called by opposing political parties on Sunday to campaign on a fundamental and controversial issue, Taiwan's name, on the last weekend before legislative elections. The Taiwan Solidarity Union (TSU), staunch pr
Published 06 Dec, 2004 12:00am
Biswa Ijtema ends

Biswa Ijtema ends

Millions of devotees raised their hands towards Makkah on Sunday seeking blessings and Muslim prosperity as a huge three-day Islamic gathering ended near the Bangladeshi capital. "We should follow the path shown to us by the Quran and bring unity to the M
Published 06 Dec, 2004 12:00am
Britain creating 'climate of fear': Muslim leader

Britain creating 'climate of fear': Muslim leader

Britain's government is "creating a climate of fear" to justify its policies over Iraq and fighting terrorism, a top Muslim leader said Sunday. "I think there is a lot of suspicion, not only among Muslims but among the population at large, that all this i
Published 06 Dec, 2004 12:00am
Ukraine opposition firm over president's powers after court victory

Ukraine opposition firm over president's powers after court victory

Ukraine's pro-West opposition insisted on Sunday it would not accept reforms to strip much of the presidency's powers ahead of a rerun presidential election that its leader Viktor Yushchenko is hopeful he will win. With the contested November 21 president
Published 06 Dec, 2004 12:00am
Six sigma workshop at Nust ends

Six sigma workshop at Nust ends

The National University of Sciences and Technology (Nust) takes lead in edge management approach of Six Sigma in the country by holding a two-day workshop on its concept, tools, and implementation. The workshop held at the Nust headquarter, was conducted
Published 06 Dec, 2004 12:00am
Rise in LPG prices vexes consumers

Rise in LPG prices vexes consumers

The Union of Small and Medium Enterprises (Unisame) has invited the attention of the director general, Oil & Gas Regulating Authority (Ogra), to the unethical tactics of the marketing companies. Unisame President Zulfikar Thaver has said the LPG prices ha
Published 06 Dec, 2004 12:00am
Text of Prime Minister's speech at OICCI dinner

Text of Prime Minister's speech at OICCI dinner

Following is the text of Prime Minister's speech at OICCI dinner on December 4."Bismillah-e-Rehman-ir-Rahim "Honourable Governor, Sindh, Dr Ishrat-ul-Ibad, Honourable Chief Minister, Sindh, Dr Arbab Ghulam Rahim, Mr Farooq Rahmatullah, Presi
Published 06 Dec, 2004 12:00am
UAE hopes to cash in on outsourcing rush

UAE hopes to cash in on outsourcing rush

After years of paying the price of petty corruption, unreliable infrastructure and laws that allow for high staff turnover, outsourcing firm Netlink is planning to buck a trend by moving from India to the United Arab Emirates. Dubai, the UAE's trading cen
Published 06 Dec, 2004 12:00am
Good governance through' statistics development

Good governance through' statistics development

Much has been talked about good governance being a sine-qua-non for the country's very existence. But unfortunately no concrete steps have so far been taken to streamline the system from the "Traditional" to the "Modern." Technically speaking, there may b
Published 06 Dec, 2004 12:00am
Pakistan versus Australia

Pakistan versus Australia

The Pakistan cricket team has left for a very important series against Australia. Irrespective of Pakistan's unsatisfactory record against Australia in Australia, Pakistan has a good chance of showing their worth.
Published 06 Dec, 2004 12:00am
Bullet-proof Mercedes cars

Bullet-proof Mercedes cars

According to a press report, the Prime Minister Shaukat Aziz has directed the cabinet division to import ten model Mercedes Benz S600L bullet-proof cars to be used by VVIPs. The justification given for the purchase of most luxuries, expensive cars are to
Published 06 Dec, 2004 12:00am
Neelum-Jhelum hydropower project

Neelum-Jhelum hydropower project

The project implementation of Neelum-Jhelum hydroelectric power station of 969 mw capacity is of great national significance. Though it is a priority project as per WAPDA Vision 2025 as well as the power policy 2002, for which the feasibility study was co
Published 06 Dec, 2004 12:00am
CBR: a divided house

CBR: a divided house

The Central Board of Revenue (CBR), our apex revenue collection agency at federal level, gives a picture of a divided house. The petty inter-group fighting between Income Tax and Customs & Excise cadres over the recent transfer of 26 Deputy Commissioners
Published 06 Dec, 2004 12:00am
Resistance to commercial courts

Resistance to commercial courts

By a unanimously adopted resolution at its general meeting recently, the Lahore High Court Bar Association is reported to have rejected the proposed establishment of the federal commercial court, viewing it as parallel judiciary and threatening that the l
Published 06 Dec, 2004 12:00am
Significant increase in tax collection

Significant increase in tax collection

According to the statistics released by the Central Board of Revenue, the tax collections for the first four months of the current financial year (July-October) reflected a handsome improvement of 26 percent to Rs 166.6 billion as compared to Rs 131.6 bil
Published 06 Dec, 2004 12:00am
UK University keen to collaborate with QAU

UK University keen to collaborate with QAU

A delegation from the academics of University of Manchester, England emphasised to nurture the possibilities of research collaboration with the Quaid-e-Azam University (QAU). In a call on meeting with VC Quaid-e-Azam University Captain U A Isani here the
Published 06 Dec, 2004 12:00am
Government committed to help patients: minister

Government committed to help patients: minister

Health Minister, Muhammad Nasir Khan, has said that the government was committed to help and strengthen the efforts of all those societies and individuals who were involved in the welfare of patients. He was speaking as chief guest at the inaugural sessio
Published 06 Dec, 2004 12:00am
'District government focussing on provision of better facilities'

'District government focussing on provision of better facilities'

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 Sunday he added that district gov
Published 06 Dec, 2004 12:00am
Three shot dead

Three shot dead

Three devotees were shot dead in Shahpur Jahanian, who had come there to work in a marriage of their Pir here on early Sunday morning. Report said around 25 attackers opened indiscriminate firing on devotees at the residence of Syed community, in which Ra
Published 06 Dec, 2004 12:00am
Advice to intending Hajis

Advice to intending Hajis

Hajj pilgrims have been directed to avoid keeping jewellery and extra money during Hajj and follow all respective rules and regulations of the Saudi government. This was stated by Director Hajj Manzoor Hussain while speaking at 'Hajj Seminar/Training Prog
Published 06 Dec, 2004 12:00am
Reconstituted PIDC board meets in Karachi today

Reconstituted PIDC board meets in Karachi today

The reconstituted board of directors of the Pakistan Industrial Development Corporation (PIDC) will meet in Karachi on December 6 with Federal Industries, Production and Special Initiatives Minister Jehangir Khan Tareen in the chair. The new board of dire
Published 06 Dec, 2004 12:00am
'Muslim think tank a must to project Ummah'

'Muslim think tank a must to project Ummah'

Secretary General Pakistan Muslim League Senator Mushahid Hussain Sayed has said there is need to establish a "Muslim Think Tank" to project view point of Muslim Ummah and counter the propaganda against Islam in an effective manner. Addressing the prize d
Published 06 Dec, 2004 12:00am
Thinkers for electing good people to assemblies

Thinkers for electing good people to assemblies

Sindh thinkers said electing good people to assemblies is only way out to bring positive change in the society. "If educated people continued rejecting politics bad people will fill the vacuum, they said in a programme organised by Indus Dialogue. "Irony
Published 06 Dec, 2004 12:00am
Indian diplomats visit Moenjodaro

Indian diplomats visit Moenjodaro

The High Commissioner of India in Pakistan Shivshankar Menon and Deputy High Commissioner of India T C A Raghavan, on Saturday paid a short visit to the world famous archaeological site of Moenjodaro and the Museum displaying the antiques found from the 5
Published 06 Dec, 2004 12:00am
Qabza group's bid foiled

Qabza group's bid foiled

Model Town Islamic Trust has foiled the attempt of Qabza Group to occupy the Trust's land located here at F Block Model Town. In a statement issued here on Sunday, a spokesman of the Trust said that some elements tried to occupy the worship place being ru
Published 06 Dec, 2004 12:00am
Effluent plants being installed in five cities

Effluent plants being installed in five cities

Under a network programme effluent plants would be installed at five points for combating the environmental degradation in the country, official sources told Business Recorder here on Sunday that the proposed affluent plans would be installed at Si
Published 06 Dec, 2004 12:00am
Deepening cotton crisis demands pragmatic approach

Deepening cotton crisis demands pragmatic approach

The Pakistan Cotton Ginners' Association (PCGA) released its periodical cotton arrivals and consumption report on December 4. As expected, total cotton arrival figures have been reported at 10.09 million (local) bales up to December 1. Of these, mills pur
Published 06 Dec, 2004 12:00am
Deepening cotton crisis demands pragmatic approach

Deepening cotton crisis demands pragmatic approach

The Pakistan Cotton Ginners' Association (PCGA) released its periodical cotton arrivals and consumption report on December 4. As expected, total cotton arrival figures have been reported at 10.09 million (local) bales up to December 1. Of these, mills pur
Published 06 Dec, 2004 12:00am
'Objectionable chapters removed from curriculum'

'Objectionable chapters removed from curriculum'

Punjab Education Minister Mian Imran Masood on Sunday said that the government has removed objectionable chapters from the curriculum containing hatred and propaganda. He was speaking at the 3rd alumni meeting entitled "Liberal Space in Political Culture
Published 06 Dec, 2004 12:00am
Pakistan International Fair arrangements reviewed

Pakistan International Fair arrangements reviewed

Senior executives of the Rawalpindi Chamber of Commerce and Industry (RCCI) have reviewed the arrangements of the sixth Pakistan International Fair, saying the Chamber should continue its efforts towards the socio-economic development and prosperity of th
Published 06 Dec, 2004 12:00am
LHC benches for this week

LHC benches for this week

As many as 12 division benches and 27 single benches will work at principal seat of the Lahore High Court (LHC) during the week commencing from Monday (December 6). According to a notification, division benches are headed by Justice Chaudhry Ijaz Ahmad, J
Published 06 Dec, 2004 12:00am
SAB terms cane crushing halt as 'national crime'

SAB terms cane crushing halt as 'national crime'

Suspending of sugarcane crushing by PSMA Sindh Chapter was termed as 'national crime', by Sindh Abadgar Board (SAB) at its meeting held here on Saturday. The SAB working committee, which met here under the chairman ship of Abdul Majeed Nizamani, expressed
Published 06 Dec, 2004 12:00am
Punjab higher education budget to be raised

Punjab higher education budget to be raised

Punjab Minister for Tourism Mian Aslam Iqbal has said higher education budget of the province will be raised to Rs 13 billion from Rs 7 billion in the coming years, in order to improve the standard of education at the university level and to promote resea
Published 06 Dec, 2004 12:00am
NWFP body on civil awards holds meeting

NWFP body on civil awards holds meeting

In order to make transparent the recommendations for the civil awards, the government of NWFP has constituted a special committee of scholars the first introductory meeting of which was held under the chairmanship of secretary Sports and Culture Amjad Naz
Published 06 Dec, 2004 12:00am
Tax and service-related appeals overwhelm Supreme Court cause list

Tax and service-related appeals overwhelm Supreme Court cause list

Most of the appeals listed before the five Supreme Court benches here during next judicial week relate to taxes or dispute settlement made during the Golden Handshake retirement deals. The week starts from Monday. The retirement cases are about the employ
Published 06 Dec, 2004 12:00am
Norwegian board grants ISO 17025 to QRI

Norwegian board grants ISO 17025 to QRI

Norwegian Board of Accreditation has granted accreditation certificate ISO 17025 to Qarshi Research International (QRI) to make its research internationally authentic. The certificate was granted by the Director Norwegian Accreditation Dr Gro Rodland to I
Published 06 Dec, 2004 12:00am
Test version of 'Peshawar 1.com' launched

Test version of 'Peshawar 1.com' launched

The NWFP government has handed over a chatting software to the Peshawar1.com website, through which people from around the world would not only raise their problems before the high-ups of the province, but would also have a chance to talk to the officials
Published 06 Dec, 2004 12:00am
EU urged to review decision on Kohistan project

EU urged to review decision on Kohistan project

Communities constituted under Palas Conservation and Development Project (PCDP) have expressed serious concern over early termination of the project one year before its schedule date of December 2005. Talking to newsmen here on Saturday community leaders
Published 06 Dec, 2004 12:00am
People urged to vote for MMA candidates

People urged to vote for MMA candidates

The NWFP Senior Minister and Provincial Amir of Jamaat-i-Islami Sirajul Haq has said that Malakand was the soil of Islam loving people and in the ensuing by-elections they would give a decisive blow to the culture of vulgarity and obscenity in the country
Published 06 Dec, 2004 12:00am
Wholesale markets show signs of gradual retreat

Wholesale markets show signs of gradual retreat

Essentials on the wholesale markets showed signs of gradual retreat without protests or interference in falling demand during the week ended on December 3, 2004. The commodities shed on the markets were wheat, masoor imported and guwar. Gur noted higher a
Published 06 Dec, 2004 12:00am
UAE to extend cooperation for social sector uplift

UAE to extend cooperation for social sector uplift

NWFP Minister for Social Welfare, Zakat and Ushr Hafiz Hashmat Khan held a meeting with Ali Mohammad Shams, Ambassador of United Arab Emirate in the latter's office at Islamabad and discussed various matters relating to social welfare activities in the pr
Published 06 Dec, 2004 12:00am
Doctors vow to play due role for disease prevention

Doctors vow to play due role for disease prevention

The 15th Annual International Conference on Family Medicine organised by the Pakistan Society of Family Physicians (PSFP) was concluded here on Sunday with a renewed pledge that the family physicians would continue to play their leading role for disease p
Published 06 Dec, 2004 12:00am
Zardari to visit Punjab from December 12

Zardari to visit Punjab from December 12

Former Senator and spouse of Benazir Bhutto Asif Ali Zardari would commence his tour of Punjab from December 12. His first visit would be of Rawalpindi and Islamabad from December 12 to 15. Zardari is also expected to visit NWFP and Azad Kashmir.
Published 06 Dec, 2004 12:00am
Cotton market drifts back to recoup losses

Cotton market drifts back to recoup losses

As the buyers wanted for the PCGA seed-cotton latest arrival figure to hear good news about inflow news, ginners knowing things effected cut in the cotton prices manifesting things to take shape. The spinners not out in the market to pounce on the favoura
Published 06 Dec, 2004 12:00am
Senate session

Senate session

The Upper House will resume sittings here on Monday evening in the Parliament House, Building Islamabad. The house will meet after an interval of two days. Acting Chairman of the Senate Khalil-ur-Rehman who presided over the Friday sittings had adjourned
Published 06 Dec, 2004 12:00am
'President's visits to improve ties with Latin America'

'President's visits to improve ties with Latin America'

Commerce Minister Humayun Akhtar Khan has expressed the hope that visit of President Pervez Musharraf to three Latin American countries would help improve trade and economic relations of Pakistan with these nations. In an interview in Washington he said P
Published 06 Dec, 2004 12:00am
MMA stages protest rally against Musharraf

MMA stages protest rally against Musharraf

Islamist parties staged a rally on Sunday to press President Pervez Musharraf to quit as Army chief. Thousands of people chanted anti-US and anti-Musharraf slogans here. The rally, the second in a series of four, was organised by Muttahida Majlis-i-Amal (
Published 06 Dec, 2004 12:00am
'Timing of Musharraf's visit to energise

'Timing of Musharraf's visit to energise

Pakistan's High Commissioner to Britain Dr Maleeha Lodhi has expressed her confidence the timing of President General Pervez Musharraf's 3-day official visit will certainly energise relations between the two countries. The significance of the visit is its
Published 06 Dec, 2004 12:00am
PML pursuing constructive politics: Shaukat

PML pursuing constructive politics: Shaukat

Prime Minister Shaukat Aziz said here Sunday that Pakistan Muslim League (PML) believes in constructive politics, and is pursuing the same. He stated this while addressing party workers, leaders, members of the provincial cabinet of the PML here at the Go
Published 06 Dec, 2004 12:00am
Hurriyat leader for Kashmiris inclusion in talks

Hurriyat leader for Kashmiris inclusion in talks

In occupied Kashmir, senior Hurriyat leader Mirwaiz Umar Farooq has said the involvement of pro-liberation Kashmiris in any Indo-Pak dialogue process is imperative to Kashmir solution. Mir Waiz, who is also the chairman of Awami Action Committee (AAC), st
Published 06 Dec, 2004 12:00am
India keen to open consulate in Karachi: Menon

India keen to open consulate in Karachi: Menon

India is keen to open its consulate in Karachi and the repair work at Indian House in the metropolis has been recently started in this regard. This was stated by the Indian High Commissioner, Shiv Shankar Menon after a one-hour meeting with City Nazim Nai
Published 06 Dec, 2004 12:00am
Altaf proposes all parties conference on Kashmir

Altaf proposes all parties conference on Kashmir

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has proposed a round table conference of all the political and religious parties on Kashmir issue. He also suggested for forming a 'code of ethics' to be followed by all political and religious parties wi
Published 06 Dec, 2004 12:00am
PPPP rally postponed

PPPP rally postponed

Pakistan Peoples Party Parliamentarians (PPPP) has announced postponement of its rally which was to be organised from Hyderabad to Mazar-e-Quaid on December 7. An announcement said here on Sunday that this decision was taken due to engagements of party le
Published 06 Dec, 2004 12:00am
Cellular mobile phone culture rapidly growing: PTA

Cellular mobile phone culture rapidly growing: PTA

According to a special report compiled by Pakistan Telecommunication Authority (PTA) recently, the Cellular mobile phone culture is rapidly growing in Pakistan, as the number of cell phone users has increased at a rate of 172.7 percent during the last one
Published 06 Dec, 2004 12:00am
Shoulder problem and its cure

Shoulder problem and its cure

Shoulder pain is a fairly common problem and affects the patient's daily activities and work routine. The two groups suffer most from this problem are middle-aged or elderly patients and sportsmen. This was stated by Consultant Orthopaedic surgeon Dr M A
Published 06 Dec, 2004 12:00am
District governments to formulate their own budgets

District governments to formulate their own budgets

District governments will formulate their own budgets and development plans with the community's co-operation from the coming fiscal 2005. Sources told Business Recorder, for this purpose the National Commission for Human Development (NCHD) will pr
Published 06 Dec, 2004 12:00am
Shaukat and Aga Khan discuss regional issues

Shaukat and Aga Khan discuss regional issues

Spiritual Leader of the Ismaili community, Prince Karim Aga Khan, called on Prime Minister Shaukat Aziz at the Prime Minister House here on Sunday and discussed regional and international situation. He congratulated the prime minister on his successful to
Published 06 Dec, 2004 12:00am
First PIA cargo flight departs for Frankfurt

First PIA cargo flight departs for Frankfurt

The historic strategic alliance of Lufthansa Cargo AG and the national carrier, PIA, went into practical demonstration with the departure of first PIA cargo flight loaded with 40 tonnes of freight for Frankfurt here on Sunday morning.
Published 06 Dec, 2004 12:00am
Soneri Bank installs Itanium-2 processor

Soneri Bank installs Itanium-2 processor

Soneri Bank Limited (SBL) attained the milestone of being the first bank in Pakistan to install Intel Itanium-2 processor based servers in its data centre for the new core banking software application to achieve 64 bit processing performance. The hi-tech
Published 06 Dec, 2004 12:00am
Provinces fail to submit proposals for minor crops promotion

Provinces fail to submit proposals for minor crops promotion

In a classic exhibition of typical bureaucratic 'puzzle lock', the provincial food departments have so far failed in submitting recommendations for formulating 'comprehensive' policy for minor crops promotion despite a directive issued by the Ministry of
Published 06 Dec, 2004 12:00am
Advice to PTCL subscribers

Advice to PTCL subscribers

PTCL North Region Lahore has advised the subscribers getting telephone bills after due date because of wrong addresses to send their applications to Director Revenue LTR (N) McLeod Road, CTH Building along with copy of computerised NIC for redressal of th
Published 06 Dec, 2004 12:00am
Peshawar University holds seminar on Fata

Peshawar University holds seminar on Fata

A two-day seminar on the Federally Administered Tribal Areas (Fata) of Pakistan will begin tomorrow (December 7) at the auditorium of the Area Study Centre for Central Asia, Russia and China, University of Peshawar. The ASC is holding seminar on this impo
Published 06 Dec, 2004 12:00am
Siemens and Ufone sign $32 million contract

Siemens and Ufone sign $32 million contract

Siemens Communications Mobile Networks announced on Sunday it had won a 32 million dollar contract to provide mobile telephone services in Pakistan. "Providing scalable, tailor-made solutions to meet the needs of customers has positioned Siemens as the nu
Published 06 Dec, 2004 12:00am
Siemens and Ufone sign $32 million contract

Siemens and Ufone sign $32 million contract

Siemens Communications Mobile Networks announced on Sunday it had won a 32 million dollar contract to provide mobile telephone services in Pakistan. "Providing scalable, tailor-made solutions to meet the needs of customers has positioned Siemens as the nu
Published 06 Dec, 2004 12:00am
PSO gets KSE award for 19th time

PSO gets KSE award for 19th time

Prime Minister Shaukat Aziz on Friday (December 3) gave away the KSE Top-25 Companies Awards for the year 2002 and 2003 to Pakistan State Oil (PSO), the blue chip oil marketing company. PSO Managing Director Tariq Kirmani received the award in a colourful
Published 06 Dec, 2004 12:00am
PSO gets KSE award for 19th time

PSO gets KSE award for 19th time

Prime Minister Shaukat Aziz on Friday (December 3) gave away the KSE Top-25 Companies Awards for the year 2002 and 2003 to Pakistan State Oil (PSO), the blue chip oil marketing company. PSO Managing Director Tariq Kirmani received the award in a colourful
Published 06 Dec, 2004 12:00am
PSO gets KSE award for 19th time

PSO gets KSE award for 19th time

Prime Minister Shaukat Aziz on Friday (December 3) gave away the KSE Top-25 Companies Awards for the year 2002 and 2003 to Pakistan State Oil (PSO), the blue chip oil marketing company. PSO Managing Director Tariq Kirmani received the award in a colourful
Published 06 Dec, 2004 12:00am
14 killed in Indian occupied Kashmir violence

14 killed in Indian occupied Kashmir violence

Fourteen people were killed in Indian occupied Kashmir on Sunday in stepped up violence since the Indian prime minister visited the region in mid-November, the Indian occupation army said. Indian occupied Kashmir's freedom fighter group Hizbul Mujahedin c
Published 06 Dec, 2004 12:00am
14 killed in Indian occupied Kashmir violence

14 killed in Indian occupied Kashmir violence

Fourteen people were killed in Indian occupied Kashmir on Sunday in stepped up violence since the Indian prime minister visited the region in mid-November, the Indian occupation army said. Indian occupied Kashmir's freedom fighter group Hizbul Mujahedin c
Published 06 Dec, 2004 12:00am
Over 2 tonnes morphine seized

Over 2 tonnes morphine seized

Authorities seized 2.3 tonnes of morphine worth millions of dollars and a large quantity of arms from a remote south-western village near the Afghan border, a paramilitary officer said on Sunday. The drugs and arms such as rocket launchers, mortars and an
Published 06 Dec, 2004 12:00am
EPB mismanagement leads to textile quota fiasco

EPB mismanagement leads to textile quota fiasco

Pakistani exporters' worth millions of dollar are at stake as knitwear industry is in turmoil because of the inept handling of the quota issued by the Minister of Commerce and Export Promotion Bureau (EPB). Adil Butt, Chairman, Pakistan Hosiery Manufactur
Published 06 Dec, 2004 12:00am
EPB mismanagement leads to textile quota fiasco

EPB mismanagement leads to textile quota fiasco

Pakistani exporters' worth millions of dollar are at stake as knitwear industry is in turmoil because of the inept handling of the quota issued by the Minister of Commerce and Export Promotion Bureau (EPB). Adil Butt, Chairman, Pakistan Hosiery Manufactur
Published 06 Dec, 2004 12:00am
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