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Print - 2004-12-13
From guns to selling sweets, disarmament edges along in Afghanistan

From guns to selling sweets, disarmament edges along in Afghanistan

Eight-year-old Mohammed Imran thinks Jaweed, the local shopkeeper in Khushgunbad eastern Afghan village is "cool" because his shop is full of sweets. "Uncle shopkeeper is a cool man - he has got lots of candies," Mohammed told AFP as he hung around outsid
Published 13 Dec, 2004 12:00am
Curbing mobile theft

Curbing mobile theft

Mobile phones today have become a blessing as well as a curse for their owners. While there is no doubt that mobile phones have made our lives easier to the extent of preventing time loss in any given situation, they are with their immediate re-sale value
Published 13 Dec, 2004 12:00am
Tackling road congestion and traffic accidents

Tackling road congestion and traffic accidents

Vehicles such as buses, trucks, vans, taxis, rickshaws, etc are the mechanical modes of transport for most of the people and goods in Pakistan. Transportation increases mobility, creates jobs, and enhances access to markets for the local produce and manuf
Published 13 Dec, 2004 12:00am
'PIA on top'

'PIA on top'

The internet edition of National Geographic Magazine's Adventure section has branded our national carrier, 'Pakistan International Airline' (PIA), as the world's worst airline. Karachi Airport, according to the magazine, is the second worst airport of the
Published 13 Dec, 2004 12:00am
Importance of bio-safety rules

Importance of bio-safety rules

It would be in your knowledge that on 6th December, the Government of Punjab held a conference "Punjab, agribusiness conference 2004" in Lahore.
Published 13 Dec, 2004 12:00am
President's trip

President's trip

President Musharraf has described his visit to Latin America as substantial and useful. It is very good to see that he is very keen to boost economic and technical collaboration between the countries of that region and Pakistan but keenness is not the onl
Published 13 Dec, 2004 12:00am
AN ANALYTICAL REVIEW: history of constitutional developments in Pakistan

AN ANALYTICAL REVIEW: history of constitutional developments in Pakistan

All constitutional problems in Pakistan stem from the role of the Army in the State. The growing strength of the Army and the weakening of political parties have made the Army the prime political force in the country. It can be said of Pakistan, as it was
Published 13 Dec, 2004 12:00am
A disquieting twist in terror-mongering

A disquieting twist in terror-mongering

Disquieting, indeed, for a number of reasons, is the ghastly Quetta terror of last Friday, in which a powerful bomb explosion, next to an army truck, caused the killing of, at least, 11 people, including two soldiers, injuring at least 27 others, includin
Published 13 Dec, 2004 12:00am
Emphasis on land reforms

Emphasis on land reforms

The IMF staff continues to offer sincere advice on economic matters despite early exit of the country from its highly concessional programme of PRGF. At the Development Economics dinner organised by the Resident World Bank Mission on 8th December, the IMF
Published 13 Dec, 2004 12:00am
PMA supports drive against Hepatitis

PMA supports drive against Hepatitis

Pakistan Medical Association (PMA) strongly supports the campaign against Hepatitis. Hepatitis is increasing rapidly in Pakistan. According to an estimation, 10 percent of population is affected by this virus. The infection is usually spread by intimate c
Published 13 Dec, 2004 12:00am
Saarc ministers to visit Taxila on December 16

Saarc ministers to visit Taxila on December 16

Information Ministers of the Saarc countries who will attend the two day conference would visit the historical place of Taxila on December 16, on Thursday. Two-day Saarc information ministers conference is being held in Islamabad on December 15 and 16. Th
Published 13 Dec, 2004 12:00am
Hubara Bustards start arriving

Hubara Bustards start arriving

The Hubara Bustard population, a migratory bird that comes to Pakistan from the freezing Central Asian States during November-December, have arrived here in flocks and their returning process would commence from February to end of March. The Hubara popula
Published 13 Dec, 2004 12:00am
Five killed over land dispute

Five killed over land dispute

Five people have been killed in village Jeevan Shah Near Naundero, Taluka Ratodero over a dispute of 1.5 Jireb Agricultural land. According to details five people were killed in cross firing between two rival groups over a dispute of 1.5 jireb (less than
Published 13 Dec, 2004 12:00am
Progress of Unicef-funded projects in Sindh reviewed

Progress of Unicef-funded projects in Sindh reviewed

The Sindh Planning and Development Department and Unicef jointly convened a meeting, here at a local hotel on Sunday, to review the pace of development activities in the Sindh province, regarding projects funded by the Unicef for the year 2004. Provincial
Published 13 Dec, 2004 12:00am
Saarc sub-group on investment meets

Saarc sub-group on investment meets

A third two-day meeting of the South Asian Association for Regional Co-operation (Saarc) sub-group on the investment and arbitration started here on Sunday. Secretary General Saarc Q.A.M.A Rahim chaired the opening session of the meeting while Chairman Bo
Published 13 Dec, 2004 12:00am
Six Pakistani badminton players injured in accident

Six Pakistani badminton players injured in accident

Six Pakistani badminton players were on Sunday injured when the bus carrying them back to Lahore overturned near Ludhiana on GT road, police said. The Pakistan Punjab players who participated in the 1st India-Pakistan Punjab games were travelling back to
Published 13 Dec, 2004 12:00am
Shaukat and Wen Jiabao to meet in Beijing on December 15

Shaukat and Wen Jiabao to meet in Beijing on December 15

Prime Minister Shaukat Aziz and the Chinese Premier Wen Jiabao will meet in Beijing on Wednesday to discuss various issues of their common interest. "We are eagerly awaiting the visit and hope it would reinforce their abiding friendship," said a senior Ch
Published 13 Dec, 2004 12:00am
Ulema laud Musharraf's efforts against terrorism

Ulema laud Musharraf's efforts against terrorism

Ulema and Mashaikh from across the country on Sunday extended their full support to President General Pervez Musharraf for his efforts to fight against terrorism and extremism and said the only way to face these challenges are the vision of 'enlightened m
Published 13 Dec, 2004 12:00am
'President's visit laid down strong basis for Pak-UK partnership'

'President's visit laid down strong basis for Pak-UK partnership'

President General Pervez Musharraf's visit to Britain has laid down strong basis and gives a new impetus to Pak- UK strategic partnership in various fields of their expanding co-operation, said British MPs here on Sunday. "The visit is the most positive a
Published 13 Dec, 2004 12:00am
Attractive registration marks auction on December 14

Attractive registration marks auction on December 14

An open auction of attractive registration marks of 'LZJ' series meant for registration of commercial vehicles in Lahore District will be held here on Tuesday. The auction will take place at the office of Director Excise & Taxation Region-C Lahore. Accord
Published 13 Dec, 2004 12:00am
Prices retreat on commodity markets

Prices retreat on commodity markets

Commodities on the wholesale markets were on the retreat during the week ended on December 11, 2004, though some items did register minor to modest gains. The commodities subject to downward revision were gram Punjab, gram dal, yellow peas and bajra, Tuve
Published 13 Dec, 2004 12:00am
Cable operators demand action against video shops

Cable operators demand action against video shops

Cable Operators Association (COA) has denied that cable operators were airing vulgar and offensive programmes and demanded of the government to take stern action against video shops for malicious propaganda. Speaking at a news conference on Sunday, Secret
Published 13 Dec, 2004 12:00am
Cotton prices improve on government's assurance to keep TCP in market

Cotton prices improve on government's assurance to keep TCP in market

Now, it appears quite possible for Pakistan to set new high production record around 13.5 million local bales this season breaking the 12.8 million bales production record of 1991-92 season. As I mentioned in my previous report, nobody should claim credit
Published 13 Dec, 2004 12:00am
Cotton prices improve on government's assurance to keep TCP in market

Cotton prices improve on government's assurance to keep TCP in market

Now, it appears quite possible for Pakistan to set new high production record around 13.5 million local bales this season breaking the 12.8 million bales production record of 1991-92 season. As I mentioned in my previous report, nobody should claim credit
Published 13 Dec, 2004 12:00am
LHC benches for the week

LHC benches for the week

As many as 11 division benches and 25 single benches will work at principal seat of the Lahore High Court (LHC) during the week commencing from Monday (December 13). According to a notification, division benches are headed by Justice Chaudhry Ijaz Ahmad,
Published 13 Dec, 2004 12:00am
Piaf-Founders to support Chaudhry Saeed

Piaf-Founders to support Chaudhry Saeed

The PIAF Founders Alliance in a meeting held here on Saturday has announced its support to Chaudhry Muhammad Saeed for the office of president of FPCCI. The decision was taken in a meeting held under the chairmanship of Mian Muhammad Ashraf. Mian Misbah-u
Published 13 Dec, 2004 12:00am
Tareen thanked for accepting PSRMA proposals

Tareen thanked for accepting PSRMA proposals

The Pakistan Steel Re-rolling Mills Association (PSRMA) has expressed its appreciation of the decisions of Federal Industries and Production Minister Jehangir Tareen in the recent meeting held at Islamabad on December 8, 2004 in which all stake-holders in
Published 13 Dec, 2004 12:00am
Prices show reverse trend on cotton market

Prices show reverse trend on cotton market

The week-end trend was reversed on resumption of trading on Monday as TCP was empowered to update buying from individual ginners to 10000 bales from 7000 bales. The TCP was on enduring assignment until end of season. The spot rate moved on line of governm
Published 13 Dec, 2004 12:00am
EPB kicks off programme to promote Pakistan-made products

EPB kicks off programme to promote Pakistan-made products

The Export Promotion Bureau (EPB) has commenced a well-knitted programme for the promotion of 'Pakistan-Made' products in foreign countries. Official sources told Business Recorder on Sunday here that under the programme, space in high traffic pres
Published 13 Dec, 2004 12:00am
Pakistan and India urged to revise textbooks

Pakistan and India urged to revise textbooks

Speakers from India and Pakistan have urged their governments to constitute a joint commission to remove provocative material from the textbooks of both the countries. The demand was raised during a reception organised by Haryana Accredited Press Reporter
Published 13 Dec, 2004 12:00am
MTL set to make 23,000 tractors this year

MTL set to make 23,000 tractors this year

Millat Tractors Limited (MTL) is all set to produce 23,000 units during the current fiscal year. "MTL has produced 11,000 units during the first six months of the year and InshAllah, we will meet our target for 2004-05", Chairman MTL, Sikandar Mustafa Kha
Published 13 Dec, 2004 12:00am
Amir Khan arrives in Karachi

Amir Khan arrives in Karachi

Bollywood star Amir Khan has reached Karachi where hundreds of his fans received him at Karachi Airport. He was accompanied by Imran Khan and prominent showbiz figures. Security was tighten at the Jinnah International Airport. The fans called Amir Khan's
Published 13 Dec, 2004 12:00am
22 laws passed in 100 days, says minister

22 laws passed in 100 days, says minister

As many as 22 different laws including amendments have been passed during last 100 days of the present government, said Federal Minister for Law, Justice and Human Rights, Muhammad Wasi Zafar on Sunday. While several amendments are being considered in the
Published 13 Dec, 2004 12:00am
'Cultural activities can help strengthen diplomatic ties'

'Cultural activities can help strengthen diplomatic ties'

Turkish Ambassador Kemal Gur on Sunday said art and cultural activities can help strengthen the diplomatic ties among different countries. He was speaking as chief guest at the "Annual member's photographic exhibition" organised by Islamabad Camera Club a
Published 13 Dec, 2004 12:00am
Anti-people plans termed a threat to country

Anti-people plans termed a threat to country

Participants at "All Pakistan Water Conference" observed that illegal, unwise, and anti-people plans of the federal government and Wapda regarding common waters and Indus River System are posing grave threat to the integrity and solidarity of the federati
Published 13 Dec, 2004 12:00am
PPP asks government to provide security to Asif Ali Zardari

PPP asks government to provide security to Asif Ali Zardari

Secretary General Pakistan Peoples Party, Jahangir Badr has asked police authorities in Islamabad and Punjab to provide security to PPP leader Asif Ali Zardari. Jahangir Badr in a letter addressed to Inspector General Police, Islamabad and Inspector Gener
Published 13 Dec, 2004 12:00am
All theatres in Multan sealed till December 16

All theatres in Multan sealed till December 16

District Co-ordination Officer (DCO) Multan Muhammad Ijaz Chaudhry has closed all the theatres in Multan till December 16 and cancelled their "No Objection Certificates" with immediate effect. Two female artists Hina Shaheen and Anjuman Shehzadi, who mana
Published 13 Dec, 2004 12:00am
Special package for Sialkot SMEs sought

Special package for Sialkot SMEs sought

The world has recognised Sialkot as export-oriented city of Pakistan, since this place possesses century-old industrial heritage. It has developed a remarkable export culture over the period and contributing huge foreign exchange to the national exchequer
Published 13 Dec, 2004 12:00am
Japan to help set up 26 technology centers

Japan to help set up 26 technology centers

Some 26 technology centers are being set up in different parts of the country with the financial and technical assistance of Japan. "These facilities are being set up in line with the assistance offered made by Japanese government to Pakistan during Presi
Published 13 Dec, 2004 12:00am
ARD to hold public rally today

ARD to hold public rally today

Alliance for Restoration of Democracy (ARD) will hold public rally to demand return of PPPP chairperson Benazir Bhutto here on Monday. The rally will be held at club hall ground at 11.00 am. Chairman ARD Makhdoom Amin Fahim, secretary general PPPP Jehangi
Published 13 Dec, 2004 12:00am
Two hurt in Gulshan gas line blast

Two hurt in Gulshan gas line blast

Two people received injuries when a blast occurred in natural gas pipeline in Gulshan-e-Iqbal here on Sunday, an official of Gas Emergency Service said. The blast occurred in a pipeline passing near Masjid Bait-ul-Mukarram. The injured were passers-by who
Published 13 Dec, 2004 12:00am
ARD and MMA may not attend MQM's all parties conference

ARD and MMA may not attend MQM's all parties conference

The Alliance for the Restoration of Democracy and the Muttahida Majlis-i-Amal are unlikely to attend MQM's upcoming all parties conference (APC) on December 20. The cardinal reason, which is likely to come in the way of ARD and MMA, is Muttahida Qaumi Mov
Published 13 Dec, 2004 12:00am
MMA asks nation to unite against Musharraf

MMA asks nation to unite against Musharraf

Qazi Hussain Ahmed, President, Muttahida Majlis-i-Amal (MMA), said on said that an American ambassador was ruling the country in the shape of a 'viceroy'. Addressing MMA's third public meeting held in connection with mass contact campaign at Minar-e-Pakis
Published 13 Dec, 2004 12:00am
Islamabad butchers threaten strike

Islamabad butchers threaten strike

The Butchers of Islamabad have threatened complete strike demanding the repeal of recent notification issued by commissioner which orders butchers to provide data about their customers and information regarding their daily sales. The Chief Commissioner Is
Published 13 Dec, 2004 12:00am
Germany to provide 30 million euro for education promotion

Germany to provide 30 million euro for education promotion

The German government will provide a grant of 30 millions Euro for promotion of basic education in Punjab. It was disclosed by head of a German delegation and Director for Asia, South Eastern Europe and Afghanistan, Federal Ministry for Economic Cooperati
Published 13 Dec, 2004 12:00am
Ziquad moon not sighted

Ziquad moon not sighted

The new moon to herald Islamic month of Ziquad was not sighted on Sunday, it was announced here by Chairman Central Ruet-e-Hilal committee. Since the new moon was not sighted the committee announced that Ziquad 1 will now fall on December 14.
Published 13 Dec, 2004 12:00am
Seth Abid and Khawaja Hamid groups announce merger for LSE polls

Seth Abid and Khawaja Hamid groups announce merger for LSE polls

Seth Abid and Khawaja Hamid Saeed, once considered to be arch rivals, have merged their groups to contest the Lahore Stock Exchange (LSE)-2005 from one platform. The representatives of both the groups after detailed discussions on various issues in a meet
Published 13 Dec, 2004 12:00am
Medical college in Kohat to be set up shortly: NWFP governor

Medical college in Kohat to be set up shortly: NWFP governor

The NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) has hinted to establish a medical college in Kohat and while assuring his fullest support for this purpose has also said that hopefully it will start functioning shortly. Addressing a
Published 13 Dec, 2004 12:00am
PML Ulema Wing demands state minister's removal

PML Ulema Wing demands state minister's removal

The controversy over Religious Affairs State Minister Amir Liaquat Hussain's alleged insinuation against seminaries took an ugly turn, as ruling Pakistan Muslim League (PML) Ulema and Mashaikh Wing on Sunday demanded his removal from the office. The deman
Published 13 Dec, 2004 12:00am
Columnist Sher Muhammad passes away

Columnist Sher Muhammad passes away

A prominent columnist and Information Officer (PID) Sher Muhammad Akhtar died here on Sunday after protracted illness. He was buried at Islamabad graveyard. The deceased Sher Muhammad Akhtar after developing Ulcer was shifted from PIMS to CMA for operatio
Published 13 Dec, 2004 12:00am
Joint struggle for rights urged

Joint struggle for rights urged

Speakers at a two-day 'international human rights and Sindhiat' conference called for a joint political struggle by people from a common platform to safeguard their fundamental rights. The conference was organised by the Sindh National Council at a local
Published 13 Dec, 2004 12:00am
Four Israelis killed in Gaza; Barghouthi withdraws

Four Israelis killed in Gaza; Barghouthi withdraws

An Israeli army post on the Gaza-Egypt border was blown up on Sunday, killing at least four Israeli troops in the deadliest attack since Yasser Arafat's death a month ago kindled new hopes of peace. The violence sent a message of militant muscle to both I
Published 13 Dec, 2004 12:00am
Probe into Quetta blast expanded

Probe into Quetta blast expanded

Authorities in Quetta have beefed up security and are questioning more than a dozen suspects in connection with a deadly bomb attack that killed 11 people and injured 21 others, police said on Sunday. "We have taken into custody 16 people for questioning
Published 13 Dec, 2004 12:00am
20 cancer patients to be treated free in India

20 cancer patients to be treated free in India

Mohan Dai Oswal Cancer Treatment and Research Foundation, a charitable institution running in Ludhiana (India) has announced to provide free treatment to 20 cancer patients from Pakistan in the hospital. This was announced by the Consultant Surgeon, Depar
Published 13 Dec, 2004 12:00am
Businessmen Panel claims to sweep FPCCI polls

Businessmen Panel claims to sweep FPCCI polls

The top leadership of Businessmen Panel on Sunday claimed that they will secure a clean sweep victory in the forthcoming election of Federation of Chamber of Commerce and Industry (FPCCI). Addressing a news conference at a local hotel here, Tariq Saeed of
Published 13 Dec, 2004 12:00am
Egyptians denounce 'hereditary presidency'

Egyptians denounce 'hereditary presidency'

Hundreds of Egyptians demonstrated here on Sunday outside Cairo's main court building against the possibility that Egyptian President Hosni Mubarak may run for a fifth term, denouncing what they called an "hereditary presidency". Demonstrators of the 'Gen
Published 13 Dec, 2004 12:00am
Indian minister concerned over US arms sales to Pakistan

Indian minister concerned over US arms sales to Pakistan

The US sale of fighter jets to Pakistan would affect the peace process with India, the Indian defence minister said on Sunday, rejecting US arguments the planes were intended to be used against terrorists. The United States plans to sell F-16 fighter plan
Published 13 Dec, 2004 12:00am
Businessmen Forum to sweep FPCCI polls, claims Bilour

Businessmen Forum to sweep FPCCI polls, claims Bilour

The Businessman Forum leader and former Federation of Pakistan Chambers of Commerce and Industry (FPCCI) president Senator Ilyas Ahmad Bilour has claimed that his panel of candidates of his group is set to sweep the coming elections of the apex trade body
Published 13 Dec, 2004 12:00am
Pakistan and India medics appeal for more health, education allocation

Pakistan and India medics appeal for more health, education allocation

Pakistani doctors and medical students along with their Indian counterparts have appealed for slash in the defence budgets of the two countries and diversion of maximum funds towards health and education sectors. Speaking at a symposium "Peace and Develop
Published 13 Dec, 2004 12:00am
Huge salt reserves in Punjab

Huge salt reserves in Punjab

Punjab Minister for Mines & Minerals Muhammad Sibtain Khan has said that there are huge reserves of salt in the province, which will be more than sufficient in next fives centuries. Addressing a meeting with mine owners here, the minister said that a stra
Published 13 Dec, 2004 12:00am
China visit to strengthen ties: Shaukat

China visit to strengthen ties: Shaukat

Prime Minister Shaukat Aziz on Sunday said his visit to China next week will further strengthen friendly relations between the two countries and promote economic, trade and cultural ties. Talking to Chinese media based in Islamabad, the Prime Minister sai
Published 13 Dec, 2004 12:00am
Industrial activity to be enhanced

Industrial activity to be enhanced

Punjab Chief Minister meeting Japanese Ambassador Nobuaki Tanaka here on Sunday has said that increased foreign and private investments were coming in industrial estates of the province. The CM said that new management system was being introduced to uplif
Published 13 Dec, 2004 12:00am
Prime Minister asks Ulema to play due role in promoting harmony

Prime Minister asks Ulema to play due role in promoting harmony

Prime Minister Shaukat Aziz on Sunday urged Ulema and Mashaikh to play their due role in promoting peace, harmony and brotherhood in the society and eradicating the menace of sectarianism and extremism. Talking to a delegation of Ulema here at the Prime M
Published 13 Dec, 2004 12:00am
Four countries launch Sacan for water conservation

Four countries launch Sacan for water conservation

In order to evolve a joint strategy on water conservation and its proper utilisation in agriculture sector, four neighbouring countries of South Asia including India, Pakistan, Nepal and Bangladesh have launched South Asian Conservation Area Network (Saca
Published 13 Dec, 2004 12:00am
Exel plans expansion in Pakistan

Exel plans expansion in Pakistan

Exel, the global leader in supply chain management on Saturday announced to expand its operations in Pakistan with the opening of its new country headquarters. This comes at a time when local, as well as multinational companies, are looking for the full r
Published 13 Dec, 2004 12:00am
Sindh chief minister orders closure of private hospitals' labs

Sindh chief minister orders closure of private hospitals' labs

Chief Minister Dr Arbab Ghulam Rahim has directed the Director General, Health, Sindh to take immediate action for closing down private laboratories set-up in public sector hospitals in the province, which reportedly were charging exorbitant fees from the
Published 13 Dec, 2004 12:00am
Prime Minister leaves for China on December 14

Prime Minister leaves for China on December 14

Prime Minister Shaukat Aziz will leave here for China on Tuesday on a three-day official visit. It will be his first visit to Pakistan's traditional ally, since assuming office. Aziz will hold talks with Chinese President Hu Jintao and Prime Minister Wen
Published 13 Dec, 2004 12:00am
Prime Minister leaves for China on December 14

Prime Minister leaves for China on December 14

Prime Minister Shaukat Aziz will leave here for China on Tuesday on a three-day official visit. It will be his first visit to Pakistan's traditional ally, since assuming office. Aziz will hold talks with Chinese President Hu Jintao and Prime Minister Wen
Published 13 Dec, 2004 12:00am
Nine Arabs, seven Pakistanis detained in Spin Boldak

Nine Arabs, seven Pakistanis detained in Spin Boldak

Afghan forces have detained nine Arabs, Qatari and Egyptian nationals, along with seven Pakistanis in the south of the country on Sunday, an Afghan commander said. Commander Raziq Khan told Reuters that the group was arrested near the Afghan border town o
Published 13 Dec, 2004 12:00am
Nine Arabs, seven Pakistanis detained in Spin Boldak

Nine Arabs, seven Pakistanis detained in Spin Boldak

Afghan forces have detained nine Arabs, Qatari and Egyptian nationals, along with seven Pakistanis in the south of the country on Sunday, an Afghan commander said. Commander Raziq Khan told Reuters that the group was arrested near the Afghan border town o
Published 13 Dec, 2004 12:00am
Cabinet expansion likely soon

Cabinet expansion likely soon

Prime Minister Shaukat Aziz is likely to expand the cabinet and the names of new ministers will be finalised after the return of PML president Chaudhry Shujaat Hussain on December 14. Reliable sources told NNI that five to eight more ministers would be fu
Published 13 Dec, 2004 12:00am
Cabinet expansion likely soon

Cabinet expansion likely soon

Prime Minister Shaukat Aziz is likely to expand the cabinet and the names of new ministers will be finalised after the return of PML president Chaudhry Shujaat Hussain on December 14. Reliable sources told NNI that five to eight more ministers would be fu
Published 13 Dec, 2004 12:00am
Kashmiri leaders from India and Pakistan meet in Nepal

Kashmiri leaders from India and Pakistan meet in Nepal

Kashmiri leaders from both India and Pakistan were meeting in Nepal to discuss the Kashmir's future among themselves, an official said on Sunday. Leaders of the moderate wing of All Parties Hurriyat Conference, politicians, former ambassadors and rights a
Published 13 Dec, 2004 12:00am
Kashmiri leaders from India and Pakistan meet in Nepal

Kashmiri leaders from India and Pakistan meet in Nepal

Kashmiri leaders from both India and Pakistan were meeting in Nepal to discuss the Kashmir's future among themselves, an official said on Sunday. Leaders of the moderate wing of All Parties Hurriyat Conference, politicians, former ambassadors and rights a
Published 13 Dec, 2004 12:00am
Government may raise Rs 5.98 billion by selling 20 percent Kapco shares

Government may raise Rs 5.98 billion by selling 20 percent Kapco shares

The government is likely to raise around Rs 5.98 billion through the sale of as much as 20 percent shares in Kot Addu Power Co, in a public offering by the end this month, analysts said. The government which is likely to announce selling price of Kot Addu
Published 13 Dec, 2004 12:00am
Government may raise Rs 5.98 billion by selling 20 percent Kapco shares

Government may raise Rs 5.98 billion by selling 20 percent Kapco shares

The government is likely to raise around Rs 5.98 billion through the sale of as much as 20 percent shares in Kot Addu Power Co, in a public offering by the end this month, analysts said. The government which is likely to announce selling price of Kot Addu
Published 13 Dec, 2004 12:00am
Government may raise Rs 5.98 billion by selling 20 percent Kapco shares

Government may raise Rs 5.98 billion by selling 20 percent Kapco shares

The government is likely to raise around Rs 5.98 billion through the sale of as much as 20 percent shares in Kot Addu Power Co, in a public offering by the end this month, analysts said. The government which is likely to announce selling price of Kot Addu
Published 13 Dec, 2004 12:00am
Siemens mulling options for loss-making mobile phone unit

Siemens mulling options for loss-making mobile phone unit

German electronics giant Siemens said Sunday is considering options for its loss-making mobile phone unit but declined to comment on a report that China's Ningbo Bird is a potential buyer. A company spokesman said Siemens had made no decision on whether t
Published 13 Dec, 2004 12:00am
Two senior Taleban commanders among 8 held in Afghanistan

Two senior Taleban commanders among 8 held in Afghanistan

US-led and Afghan soldiers arrested two senior Taleban commanders and six militants during an operation in south-central Afghanistan, officials said on Sunday. The men were seized late Saturday during a joint Afghan-US operation in Charchino, a troubled d
Published 13 Dec, 2004 12:00am
Two senior Taleban commanders among 8 held in Afghanistan

Two senior Taleban commanders among 8 held in Afghanistan

US-led and Afghan soldiers arrested two senior Taleban commanders and six militants during an operation in south-central Afghanistan, officials said on Sunday. The men were seized late Saturday during a joint Afghan-US operation in Charchino, a troubled d
Published 13 Dec, 2004 12:00am
Pakistan and India to discuss pact on missile tests next week

Pakistan and India to discuss pact on missile tests next week

Nuclear-armed Pakistan and India are due to meet in Islamabad next week to discuss a possible agreement on giving advance notice to each other before conducting missile tests, Foreign Ministry spokesman said on Sunday. The expert-level talks on confidence
Published 13 Dec, 2004 12:00am
Pakistan and India to discuss pact on missile tests next week

Pakistan and India to discuss pact on missile tests next week

Nuclear-armed Pakistan and India are due to meet in Islamabad next week to discuss a possible agreement on giving advance notice to each other before conducting missile tests, Foreign Ministry spokesman said on Sunday. The expert-level talks on confidence
Published 13 Dec, 2004 12:00am
Indonesia power company in $2 billion-plus gas supply deals

Indonesia power company in $2 billion-plus gas supply deals

Indonesia state electricity company PT Perusahaan Listrik Negara (PLN) has signed final long-term gas supply deals with Amerada Hess and CNOOC Ltd worth more than $2 billion, Indonesian officials said on Sunday. PLN director Ali Herman Ibrahim told report
Published 13 Dec, 2004 12:00am
1990 Iraq invasion: Abbas apologies to Kuwait for PLO stand

1990 Iraq invasion: Abbas apologies to Kuwait for PLO stand

PLO chairman Mahmud Abbas apologised on Sunday to Kuwait for the organisation's stand during the 1990 Iraq invasion, as he arrived on a landmark visit to the emirate aimed at healing a 14-year rift. "We apologise to Kuwait and the Kuwaiti people for what
Published 13 Dec, 2004 12:00am
1990 Iraq invasion: Abbas apologies to Kuwait for PLO stand

1990 Iraq invasion: Abbas apologies to Kuwait for PLO stand

PLO chairman Mahmud Abbas apologised on Sunday to Kuwait for the organisation's stand during the 1990 Iraq invasion, as he arrived on a landmark visit to the emirate aimed at healing a 14-year rift. "We apologise to Kuwait and the Kuwaiti people for what
Published 13 Dec, 2004 12:00am
Euro gaining support from rising foreign exchange reserve status

Euro gaining support from rising foreign exchange reserve status

The euro is receiving its strongest backing so far as an alternative reserve currency by world central banks looking to diversify away from the tumbling dollar, a move seen giving the euro long-term support. Since the euro's birth in 1999 the world's cent
Published 13 Dec, 2004 12:00am
Big banks clamour for small private bank buys

Big banks clamour for small private bank buys

Europe's big banks are triggering a silent shake-out in the staid world of private banking - which services wealthy clients - by snapping up small assets and consolidating their hold on a high-profit niche. In the past weeks and months, the world's larges
Published 13 Dec, 2004 12:00am
South Africa's Naspers to hold 9.9 percent of Beijing Media

South Africa's Naspers to hold 9.9 percent of Beijing Media

Beijing Media Corp Ltd, the first state-controlled Chinese media firm to seek an overseas listing, said on Sunday South Africa's Naspers Ltd would hold 9.9 percent of the firm after its $116 million IPO. Naspers, South Africa's biggest media company whose
Published 13 Dec, 2004 12:00am
South Africa's Naspers to hold 9.9 percent of Beijing Media

South Africa's Naspers to hold 9.9 percent of Beijing Media

Beijing Media Corp Ltd, the first state-controlled Chinese media firm to seek an overseas listing, said on Sunday South Africa's Naspers Ltd would hold 9.9 percent of the firm after its $116 million IPO. Naspers, South Africa's biggest media company whose
Published 13 Dec, 2004 12:00am
UBS sees Europe wealth management break-even in 2006

UBS sees Europe wealth management break-even in 2006

UBS aims to break even in its European wealth management business at around the end of 2006, the Swiss bank's chief executive said in a newspaper interview published on Sunday. "We are close. Around end-2006 it will be time," Chief Executive Peter Wuffli
Published 13 Dec, 2004 12:00am
Microsoft may side-step EU veto of software deal

Microsoft may side-step EU veto of software deal

Microsoft Corp may deploy a strategy that neatly side-steps objections by European regulators in its push to control anti-piracy software, experts say. Along with Time Warner Inc, Microsoft has been trying to acquire a stake in US "digital rights manageme
Published 13 Dec, 2004 12:00am
German economy seen little buoyed by 2005 tax cut

German economy seen little buoyed by 2005 tax cut

Germany's 6.5 billion euro ($8.63 billion) tax cut next year will leave consumers no more willing to spend because what the government gives with one hand it will take away with the other, economists say. Private consumption, which has fallen in the past
Published 13 Dec, 2004 12:00am
US biomedical firm Invitrogen buys Shanghai company

US biomedical firm Invitrogen buys Shanghai company

US biomedical company Invitrogen has purchased a Shanghai-based private firm for eight million dollars, a company announcement and state media said Sunday. The acquisition came just days before China opened its biotech industry to foreign-owned companies
Published 13 Dec, 2004 12:00am
Bomb attack kills 14 in Philippines

Bomb attack kills 14 in Philippines

At least 14 people were killed and 59 others injured in a bomb attack in a public market in the southern Philippines on Sunday, the military said. Unidentified men lobbed the explosive near a restaurant at the South Public Market in the city of General Sa
Published 13 Dec, 2004 12:00am
Bomb attack kills 14 in Philippines

Bomb attack kills 14 in Philippines

At least 14 people were killed and 59 others injured in a bomb attack in a public market in the southern Philippines on Sunday, the military said. Unidentified men lobbed the explosive near a restaurant at the South Public Market in the city of General Sa
Published 13 Dec, 2004 12:00am
US jets pound Fallujah after renewed fighting

US jets pound Fallujah after renewed fighting

US warplanes fired several missiles at targets in Fallujah on Sunday as marines pressed on with their search for insurgents still in the city, an AFP correspondent embedded with the military said. Two marines were killed over the weekend in Al-Anbar provi
Published 13 Dec, 2004 12:00am
Badla investment up 5.7 percent

Badla investment up 5.7 percent

Rising equity prices and cheap availability of funds helped investors to take positions, which resulted in badla investment hovering around Rs 30 billion for most of the last week. The carryover transaction (COT) at the local bourses remained elevated whe
Published 13 Dec, 2004 12:00am
Badla investment up 5.7 percent

Badla investment up 5.7 percent

Rising equity prices and cheap availability of funds helped investors to take positions, which resulted in badla investment hovering around Rs 30 billion for most of the last week. The carryover transaction (COT) at the local bourses remained elevated whe
Published 13 Dec, 2004 12:00am