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Print - 2004-12-26
Saudi Arabia builds industrial city as state spending rises

Saudi Arabia builds industrial city as state spending rises

Saudi Arabia launched work on a new multi-billion riyal industrial city on Saturday, as the kingdom uses high oil revenues to boost spending on infrastructure projects. Crown Prince Abdullah laid the first stone of Jubail 2, located close to the existing
Published 26 Dec, 2004 12:00am
German minister rejects criticism on 2005 tax cuts

German minister rejects criticism on 2005 tax cuts

The Finance Ministry rejected criticism on Saturday that income tax cuts set for January will be negated for most taxpayers by higher fees elsewhere, adding entry level taxes will drop to record low levels in 2005. "The vast majority will see their tax bu
Published 26 Dec, 2004 12:00am
Hedge funds raid traditional fund methods

Hedge funds raid traditional fund methods

Shrinking returns from hedge fund equity strategies are forcing the industry to foray into traditional fund management and bring these two poles of the investment spectrum a step closer, analysts say. Some analysts expect the gap between the two fund mana
Published 26 Dec, 2004 12:00am
Hedge funds raid traditional fund methods

Hedge funds raid traditional fund methods

Shrinking returns from hedge fund equity strategies are forcing the industry to foray into traditional fund management and bring these two poles of the investment spectrum a step closer, analysts say. Some analysts expect the gap between the two fund mana
Published 26 Dec, 2004 12:00am
Euronext Brussels to shake up Bel-20 index

Euronext Brussels to shake up Bel-20 index

Euronext Brussels said recently it was imposing stricter requirements for stocks to be included in the Bel-20, which would likely lead to a reduction in the number of components in the blue chip index. Euronext Brussels said it would set a minimum free fl
Published 26 Dec, 2004 12:00am
US will one day realise pain of weak dollar: Eichel

US will one day realise pain of weak dollar: Eichel

German Finance Minister Hans Eichel was quoted on Saturday saying the US government would one day realise that the rapid rise of the euro is also endangering the US economy - and then be ready to act. In an interview with Hessicher Rundfunk radio, Eichel
Published 26 Dec, 2004 12:00am
London's finance centre role key in LSE take-over

London's finance centre role key in LSE take-over

Regardless of who wins the battle for the London Stock Exchange, the outcome will be a London-centred organisation driving pan-European share trading from what is already Europe's financial heart. Four-country exchange Euronext and Germany's Deutsche Boer
Published 26 Dec, 2004 12:00am
Reliance Infocomm gets $750 million loan

Reliance Infocomm gets $750 million loan

Indian mobile phone services firm, Reliance Infocomm Ltd, said on Saturday it had raised $750 million of debt in the form of loans from Export Development Canada (EDC) and a US Exim Bank backed line of credit. Reliance Infocomm, which is India's largest C
Published 26 Dec, 2004 12:00am
Reliance Infocomm gets $750 million loan

Reliance Infocomm gets $750 million loan

Indian mobile phone services firm, Reliance Infocomm Ltd, said on Saturday it had raised $750 million of debt in the form of loans from Export Development Canada (EDC) and a US Exim Bank backed line of credit. Reliance Infocomm, which is India's largest C
Published 26 Dec, 2004 12:00am
Kuwait announces multi-billion-dollar island project

Kuwait announces multi-billion-dollar island project

Kuwait is seeking investors for a multi-billion-dollar project to turn an island off its coast into a major tourist attraction, a government official said Saturday. "The countdown has started for the largest development project," since Kuwait's liberation
Published 26 Dec, 2004 12:00am
Turkish Prime Minister sees exports rising to $70 billion

Turkish Prime Minister sees exports rising to $70 billion

Turkish Prime Minister Tayyip Erdogan said on Saturday that the government set an export target higher than $70 billion for next year, compared to $60 billion this year. Turkey aims to bring its exports to $94 billion by end-2007, according to a three-yea
Published 26 Dec, 2004 12:00am
French Spiderman climbs world's tallest building

French Spiderman climbs world's tallest building

Daredevil climber Alain Robert, known as the French Spiderman, defied stiff winds and rain to climb the world's tallest skyscraper, Taipei 101, in the Taiwan capital on Saturday. Robert, dressed in a red rain jacket, tights and climbing shoes, shimmied up
Published 26 Dec, 2004 12:00am
Russia warns US against interference in Ukraine

Russia warns US against interference in Ukraine

Russia warned the United States on Saturday not to interfere in the "internal affairs" of other countries, ahead of a key election in Ukraine which has strained relations between Moscow and the West. As voters prepared to go to the polls in Ukraine on Sun
Published 26 Dec, 2004 12:00am
Karzai rival aims to be force in Afghan parliament

Karzai rival aims to be force in Afghan parliament

The main political rival to Afghanistan's President Hamid Karzai said on Saturday he was forming a new political party to contest a parliamentary election in April after refusing to take a cabinet post. Yunus Qanuni was runner up to Karzai in the country'
Published 26 Dec, 2004 12:00am
Ukraine rivals welcome court ruling on rerun vote

Ukraine rivals welcome court ruling on rerun vote

Ukraine's constitutional court Saturday struck down a section of a recently adopted electoral law in a decision welcomed by both camps ahead of a tense, historic presidential rerun election set for the following day. "The court has decided to find unconst
Published 26 Dec, 2004 12:00am
Pope expresses concern over Iraq, hope for Mideast

Pope expresses concern over Iraq, hope for Mideast

In a Christmas shadowed by violence and the threat of conflict around the world, Pope John Paul II expressed "great apprehension" Saturday over the situation in Iraq but optimism at the outlook in the Middle East. Speaking from a rain-slicked St. Peter's
Published 26 Dec, 2004 12:00am
Grief hangs over scarred Bam as quake mourning ends

Grief hangs over scarred Bam as quake mourning ends

Thousands gathered Saturday at a cemetery in the Iranian city of Bam to remember the 30,000 killed in last year's earthquake, ending a 12-month mourning period but with the scars of the tragedy still painfully clear. Some 5,000 residents of Bam and its re
Published 26 Dec, 2004 12:00am
Saudi Arabia vows to crush al Qaeda

Saudi Arabia vows to crush al Qaeda

Saudi Arabia's de facto ruler, Crown Prince Abdullah, vowed the top oil producer would crush al Qaeda group and called on its citizens to stand united against all threats. "The challenges facing us today necessitates that we be vigilant towards anyone who
Published 26 Dec, 2004 12:00am
Indonesian forces kill 18 Aceh rebels

Indonesian forces kill 18 Aceh rebels

Indonesian troops killed 18 separatist rebels in a single day in the latest clashes in restive Aceh province, the military said Saturday. The rebels were killed in four separate clashes on Friday, Aceh military spokesman Ari Mulya Asnawi said. The killing
Published 26 Dec, 2004 12:00am
Four killed as violence in Nepal continues

Four killed as violence in Nepal continues

Three soldiers and a policeman were killed in new violence in revolt-hit Nepal as a rebel ban on traffic on the main road to the capital entered its third day on Saturday, an army officer said. He said two soldiers were killed on Friday in the rebel stron
Published 26 Dec, 2004 12:00am
Abbas puts demands for end to conflict with Israel

Abbas puts demands for end to conflict with Israel

The contest to succeed Yasser Arafat as Palestinian president kicked off in earnest Saturday as frontrunner Mahmud Abbas issued an uncompromising list of demands to end the conflict with Israel. As Palestinians digested appeals for peace delivered at the
Published 26 Dec, 2004 12:00am
Khartoum and SPLA agree to draft interim constitution

Khartoum and SPLA agree to draft interim constitution

Sudanese officials and southern rebels agreed to form a committee to draft an interim constitution, as both sides scrambled to reach a settlement to their 21-year-old conflict by year's end, a press report said Saturday. Sudan People's Liberation Army (SP
Published 26 Dec, 2004 12:00am
European space probe heads for Titan

European space probe heads for Titan

The European-made space probe Huygens headed Saturday for a historic up-close encounter with Titan, the only celestial body of the Solar system with an atmosphere resembling that of Earth, after successfully separating from the US spacecraft Cassini. The
Published 26 Dec, 2004 12:00am
Rich tributes paid to Quaid

Rich tributes paid to Quaid

Glowing tributes to Quaid-e-Azam Muhammad Ali Jinnah were paid at Sindh Madressahtul Islam (SMI) here on Saturday on the 129th birthday of the Father of Nation. SMI Principal Professor Muhammad Ali Shaikh stated Jinnah had played his effective role in two
Published 26 Dec, 2004 12:00am
Mobile phone tracking system introduced

Mobile phone tracking system introduced

KEDA and Sindh Police in collaboration with a private company 'Mobile Zone' has introduced a web-based computerised system to track down stolen mobile phones. This system is designed in view of rising cases of mobile phone snatching and their easy sale in
Published 26 Dec, 2004 12:00am
Quaid's birth anniversary celebrated in Tehran

Quaid's birth anniversary celebrated in Tehran

Pakistani community and Pakistan Embassy School and College, here organised an impressive function at the Pakistan Embassy on Saturday to celebrate the birth anniversary of the Founder of Pakistan Quaid-e-Azam Mohammad Ali Jinnah.
Published 26 Dec, 2004 12:00am
Students advised to excel

Students advised to excel

NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (retd) has emphasised the need for attaining excellence in the field of science and technology and said the nation which have laid emphasise on that aspect of knowledge were dictating their terms
Published 26 Dec, 2004 12:00am
PIA to start e-ticketing from January

PIA to start e-ticketing from January

Pakistan International Airline (PIA) has announced to start e-ticketing facility and has thus became the first airline of the country providing the facility. Using this facility, now tickets can be booked at PIA' s website through credit cards also.
Published 26 Dec, 2004 12:00am
Shah Rukh to visit Pakistan

Shah Rukh to visit Pakistan

Indian Bollywood actor Shah Rukh said that he would love to visit Pakistan whenever he is invited. "I'll go whenever I'm called not merely as a goodwill ambassador, but as an entertainer," Shah Rukh Khan said in an interview here. Irked by bomb blast duri
Published 26 Dec, 2004 12:00am
Government fails to curb karo-kari, says Benazir

Government fails to curb karo-kari, says Benazir

Former premier Benazir Bhutto has said that no one could dare to commit honour killing in her government. In an interview with a private TV channel she said the menace was suppressed in her era, as whenever someone would kill or physically assault his dau
Published 26 Dec, 2004 12:00am
Seminar on coastal issues December 27

Seminar on coastal issues December 27

Pakistan Fisherfolk Forum will hold a one-day seminar on social and economic issues of coastal communities here on Monday. City Nazim Naimatullah Khan would be chief guest at seminar, which is scheduled to start at 1030 hours at Community Centre of Abdul
Published 26 Dec, 2004 12:00am
NAB arrests officials, contractors of New Sabzi Mandi project

NAB arrests officials, contractors of New Sabzi Mandi project

National Accountability Bureau (NAB) Sindh has arrested some officials and contractors of the Sabzi Mandi project who had connived with each others in carrying out substandard work in construction of covered auction platforms, commercial shops, water and
Published 26 Dec, 2004 12:00am
PML to hold public meeting soon: Sindh chief minister

PML to hold public meeting soon: Sindh chief minister

Pakistan Muslim League (PML) will hold a public meeting in the city soon, said Sindh Chief Minister Dr Arbab Ghulam Rahim while speaking at Quaid-e-Azam Conference here on Saturday. The conference was organised by the Sindh PML to mark the birth anniversa
Published 26 Dec, 2004 12:00am
An interview of Yahya Khan

An interview of Yahya Khan

Reference the TV review published in your Weekend issue of 18th December about the interview of General Yahya Khan. There is nothing mysterious about it. The press conference for foreign correspondents was held at the Government House, Karachi, organised
Published 26 Dec, 2004 12:00am
PIA's perpetual crisis

PIA's perpetual crisis

A Pakistani newspaper has exposed PIA's systematic under-use of their two Combi Boeing 747s, which is indicative of the reasons why PIA is in a perpetual state of crisis. The airline seems to prefer taking aircraft on lease, on the slightest of pretext. T
Published 26 Dec, 2004 12:00am
Chinese third biggest consumers of diamonds

Chinese third biggest consumers of diamonds

China's blushing brides-to-be follow simple rules when shopping for diamond rings. "The bigger, the better, of course!" said May Yi, a Beijing professional, sitting down with her fiancee for a day of temptation and agony at a jewellery store in the capita
Published 26 Dec, 2004 12:00am
International joint ventures and collaborations

International joint ventures and collaborations

The first initiative for free-trade was taken soon after World War-II. During the war, the countries protected economies by imposing too many restrictions on imports. After the war, reconstruction activities were to be started in war-torn countries with a
Published 26 Dec, 2004 12:00am
Saarc moves for co-operation in energy sector

Saarc moves for co-operation in energy sector

A two-day meeting of the Saarc Working Group held in Islamabad to deliberate over the question of active co-operation between the member countries, concluded with consensus on the future course of action in this field. Hilal A. Raza, Director General, Hyd
Published 26 Dec, 2004 12:00am
Better late than never

Better late than never

The proceedings of the Federal Cabinet meeting last Wednesday with Prime Minister Shaukat Aziz in the chair, while marked with the approval of the eagerly awaited broadband policy, also included decisions on a number pending matters. The broadband policy,
Published 26 Dec, 2004 12:00am
Lara will head Windies squad

Lara will head Windies squad

Brian Lara will head a West Indies 14-man squad for a triangular one-day international tournament against hosts Australia and Pakistan starting next month. The squad was announced by the West Indies Cricket Board (WICB) following a sponsorship dispute bet
Published 26 Dec, 2004 12:00am
England seek to improve against unsettled South Africa

England seek to improve against unsettled South Africa

England will seek to take advantage of an unsettled South African team in the second Test starting at Kingsmead on Sunday. A seven-wicket win in the first Test in Port Elizabeth gave England a significant edge in the five-match series. England went in sho
Published 26 Dec, 2004 12:00am
Sehwag gets chance to score big as Tendulkar rested

Sehwag gets chance to score big as Tendulkar rested

Virender Sehwag gets an opportunity to make amends for his Test failures when an experimental Indian side take on Bangladesh in the second one-day international here on Sunday. The hard-hitting opener is the only specialist batsman to have missed out on a
Published 26 Dec, 2004 12:00am
Match fixing rife in Pakistan: Sarfraz

Match fixing rife in Pakistan: Sarfraz

Former Pakistani Test star Sarfraz Nawaz said on Saturday that match fixing was still rife in his homeland, sparking a sharp retort from national coach Bob Woolmer of the eve of the second Test against Australia. Nawas told Melbourne's Herald Sun newspape
Published 26 Dec, 2004 12:00am
Injured Langer hopeful of playing in second Test

Injured Langer hopeful of playing in second Test

Australia opening batsman Justin Langer is hopeful of playing in Sunday's second test against Pakistan after suffering a back injury. "I'm still a bit sore but I have not given up hope and I guess we'll know what the form is tomorrow morning," Langer told
Published 26 Dec, 2004 12:00am
Inzamam ruled out of second Test against Australia

Inzamam ruled out of second Test against Australia

Coach Bob Woolmer believes Pakistan can rebound from the purgatory of Perth and make a game of the Boxing Day cricket Test with high-flying Australia here on Sunday. Pakistan received criticism from all quarters for their abject 491-run loss to the Austra
Published 26 Dec, 2004 12:00am
GDA urged to maintain record of plots

GDA urged to maintain record of plots

Real estate agents have urged the Gwadar Development Authority (GDA) to maintain proper record of sale and purchase of residential, commercial and industrial plots in every scheme under its control so as to protect interests of investors, apart from avoid
Published 26 Dec, 2004 12:00am
'No room for extremism'

'No room for extremism'

Federal Railway Minister Shamim Haider has said that on the day of the Quaid-e-Azam's birthday we must renew our pledge to make Pakistan an enlightened and moderate progressive country so as to stand with other developed countries. He expressed these view
Published 26 Dec, 2004 12:00am
Wheat and guwar down, chemicals mixed on Jodia Bazar

Wheat and guwar down, chemicals mixed on Jodia Bazar

Since after the Eid declines have sustained as traders without specifying reasons stated slower trading during the week ended on December 24, 2004. The losers were there namely.
Published 26 Dec, 2004 12:00am
Growers appreciate TCP for ensuring better return

Growers appreciate TCP for ensuring better return

The PCGA latest data on higher side has somewhat restrained buyers, while ginners are also holding back stocks assuming surge in over a month's time in cotton demand. The spot rate was firm at Rs 1,850 without upcountry expense.
Published 26 Dec, 2004 12:00am
Prgmea demands separate TV and radio channels for exporters

Prgmea demands separate TV and radio channels for exporters

Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) has urged the government to start exclusive channels of radio and TV for exporters so as to provide them round the clock export related information. While talking to Business
Published 26 Dec, 2004 12:00am
Vehicle snatched

Vehicle snatched

Some unknown dacoits snatched luxury vehicle from renowned industrialist Javed Sehgal here at North Cantonment. The police have registered FIR and started investigations. Strict directions have been issued to the Cantt Police to arrest the culprits.
Published 26 Dec, 2004 12:00am
Punjab Bar Council vote counting from December 27

Punjab Bar Council vote counting from December 27

The official counting of votes cast in the Punjab Bar Council (PBC) elections will start from December 27, 2004 instead of January 06, 2005, it was learnt here. Earlier, the official counting of the votes cast in the elections of PBC was to be made from J
Published 26 Dec, 2004 12:00am
Tritex Cotton de-listed

Tritex Cotton de-listed

Following request of M/s Tritex Cotton Mills Ltd, for de-listing on account of buy back of its shares by the sponsors, the Lahore Stock Exchange (LSE) has notified to de-list the company from the exchange from January 3, 2005.
Published 26 Dec, 2004 12:00am
Tritex Cotton de-listed

Tritex Cotton de-listed

Following request of M/s Tritex Cotton Mills Ltd, for de-listing on account of buy back of its shares by the sponsors, the Lahore Stock Exchange (LSE) has notified to de-list the company from the exchange from January 3, 2005.
Published 26 Dec, 2004 12:00am
Iranian traders call on Sindh governor

Iranian traders call on Sindh governor

A delegation of traders from Iranian province Khorasan called on Sindh Governor Dr Ishratul Ibad at the Governor's House, here on Saturday. The delegation, led by Mashihad Chamber of Commerce Chief Jalal Sakhawati, discussed with the governor matters rega
Published 26 Dec, 2004 12:00am
Kambar closed, as firing victims laid to rest

Kambar closed, as firing victims laid to rest

Kambar Ali Khan was completely closed on Saturday, as around 50,000 citizens attended the funeral prayers of the four persons, killed in clashes with the police on Friday. Local spiritual leader Syed Hussain Shah led the funeral prayers at the Market Comm
Published 26 Dec, 2004 12:00am
Christmas celebrated in Lahore

Christmas celebrated in Lahore

The Christian community celebrated Christmas with religious fervour on Saturday amid stringent security measures adopted at various churches in the provincial metropolis. Special services were held at all the main churches from Friday midnight. Special pr
Published 26 Dec, 2004 12:00am
Lahore High Court winter vacations

Lahore High Court winter vacations

The Chief Justice of Lahore High Court (LHC) Justice Iftikhar Hussain Chaudhry has announced winter vacations from December 25, 2004 to January 06, 2005. The LHC at principal seat and its benches will remain closed and only vacation judges will proceed wi
Published 26 Dec, 2004 12:00am
PPL to make documentaries of its oil and gas units

PPL to make documentaries of its oil and gas units

Pakistan Petroleum Limited (PPL) has undertaken a plan to make documentary films of its oil and gas fields in the country, which will be shown during presentations to the prospective buyers of the state-managed national entity, it has been learnt.These do
Published 26 Dec, 2004 12:00am
Minorities enjoying rights and privileges: NWFP governor

Minorities enjoying rights and privileges: NWFP governor

NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) has said that the minorities in Pakistan are enjoying their due rights and privileges and the most encouraging aspect is that their role in the nation building process has always remained
Published 26 Dec, 2004 12:00am
CPP launches pamphlet drive to encourage US goods boycott

CPP launches pamphlet drive to encourage US goods boycott

The Communist Party of Pakistan (CPP) is waging a crusade against class-war and it was struggling for uplifting the living standard of 'have-nots', and it believes in a classless society, therefore, it has launched a pamphlet drive on US imperialistic agg
Published 26 Dec, 2004 12:00am
Gandhara civilisation show in March

Gandhara civilisation show in March

The government has decided to hold weeklong celebrations of Gandhara civilisations from March 26 to April 2, next year under the auspicious of Ministry of Tourism. Talking to APP, Federal Minister for Tourism Dr Ghazi Gulab Jamal informed Ministry of Tour
Published 26 Dec, 2004 12:00am
MMA and Zardari flay Kamber killings

MMA and Zardari flay Kamber killings

The Muttahida Majlis-i-Amal (MMA) on Saturday condemned killings of four persons allegedly by the police in Kamber Ali Khan and termed it "state-terrorism". MMA leaders and National Assembly member (MNA) Abdul Sattar Afghani, Sindh Jamaat-e-Islami Naib Am
Published 26 Dec, 2004 12:00am
Sindh ministerial body visits violence-hit Kamber

Sindh ministerial body visits violence-hit Kamber

A six-member high-level Sindh ministerial committee, led by Sindh Revenue Minister Imtiaz Ahmed Shaikh arrived here late Friday evening to address the grievances of the people of Kamber. The committee comprising Sindh Irrigation and Power Minister Nadir A
Published 26 Dec, 2004 12:00am
Call to speed up new taxpayers registration

Call to speed up new taxpayers registration

The Consumer Traders Association has called for accelerating the registration process of new taxpayers to widen tax collection base instead of shifting more burden to the existing taxpayers. It also stressed further simplification of the tax collection sy
Published 26 Dec, 2004 12:00am
Soomro lauds Appna, Pak-PAC for projecting country's image

Soomro lauds Appna, Pak-PAC for projecting country's image

Senate Chairman Mohammadmian Soomro has appreciated the contribution of the Association of Pakistani Physicians of North America (Appna) and Pak Political Action Committee (Pak-PAC) in projecting and creating Pakistan's positive image in the United States
Published 26 Dec, 2004 12:00am
Iranian traders to visit LCCI on December 27

Iranian traders to visit LCCI on December 27

A business delegation from Mashhad Chamber of Commerce and Industry (MCCI) will arrive here on Monday (December 27) on a daylong visit to the Punjab capital. During their stay in the city, they will visit Lahore Chamber of Commerce and Industry (LCCI) and
Published 26 Dec, 2004 12:00am
Christmas celebrated amid tight security

Christmas celebrated amid tight security

Christmas is being celebrated in Southern Punjab amid tight security. Police commandoes were deployed at the churches, Women Christian Hospital, Pastoral Institute and participants are being thoroughly checked with metal detectors before entering the wors
Published 26 Dec, 2004 12:00am
Bringing Pakistan and India closer difficult feat: Powell

Bringing Pakistan and India closer difficult feat: Powell

Defending accomplishments in foreign affairs during the first Bush Administration, US Secretary of State Colin Powell has said, "over the last four years Washington has managed the difficult feat of drawing closer both Pakistan and India." "It eliminated
Published 26 Dec, 2004 12:00am
Treatment camp

Treatment camp

Mental Health Federation of Pakistan is organising a treatment camp for poor patients suffering from mental illness here at 6-B-I, Gulberg-II on January 1, 2005. The camp will provide free consultation and free medicines to deserving patients. Experts fro
Published 26 Dec, 2004 12:00am
Function held

Function held

Pakistan Democratic Party (PDP) held a function to celebrate Christmas and birth anniversary of the Founder of the Nation at party's secretariat here on Saturday. Nawabzada Mansur Ali Khan president of the party and SVP of ARD presided over the function.
Published 26 Dec, 2004 12:00am
Uniform issue: ARD reluctant to join hands with MMA

Uniform issue: ARD reluctant to join hands with MMA

The Alliance for Restoration of Democracy (ARD) and the Muttahida Majlis-i-Amal (MMA) can join hands only for the restoration of democracy and the 1973 Constitution. ARD Secretary-General Zafar Iqbal Jhagra stated this while talking to Business Recorder.
Published 26 Dec, 2004 12:00am
UCs tube-wells inaugurated

UCs tube-wells inaugurated

Lahore District Nazim Mian Amer Mahmood has said the city district government is committed to provide basic amenities to the general public at their doorsteps. While inaugurating tube-wells in union councils 32 and 33 here on Saturday, Amer said peoples h
Published 26 Dec, 2004 12:00am
FPCCI chief cautioned

FPCCI chief cautioned

The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has been cautioned against exercising powers enjoined exclusively by the managing committee. FPCCI Vice-President Engr. M.A Jabbar, in a letter to the FPCCI President, h
Published 26 Dec, 2004 12:00am
Christmas celebrated with fervour

Christmas celebrated with fervour

Christmas was celebrated throughout the city with zeal and religious fervour and prayers were offered for the well-being of the Christian community and all other who live in Pakistan. Arrangements for prayers were made in all the churches, that were decor
Published 26 Dec, 2004 12:00am
New Sabzimandi project officials and contractors held

New Sabzimandi project officials and contractors held

National Accountability Bureau (NAB) Sindh has arrested some officials and contractors of the Sabzimandi project who had connived with each others in carrying out substandard work in construction of covered auction platforms, commercial shops, water and s
Published 26 Dec, 2004 12:00am
PPPP meeting

PPPP meeting

The Executive Committee of Pakistan People's Party Parliamentarian will meet in Lahore on December 29, 2004. Qasim Zia head of the provincial segment of party will chair the meeting. Punjab Party chapter will also deliberate on arrangements of 77th birth
Published 26 Dec, 2004 12:00am
Nawaz League to merge with unified PML, says Wattoo

Nawaz League to merge with unified PML, says Wattoo

Pakistan Muslim League (PML) Senior Vice President and former Chief Minister Punjab Mian Manzoor Ahmad Wattoo has claimed that PML (N) would soon merge with the united Muslim League. He was addressing a seminar on the eve of birth anniversary of Quaid-e-A
Published 26 Dec, 2004 12:00am
City Games declared open

City Games declared open

City Nazim Naimatullah Khan declared the first-ever City Games opened with the resolve to make it a regular feature of the city's culture. Addressing to the opening ceremony, the City Nazim described sports as an essential, healthy and constructive social
Published 26 Dec, 2004 12:00am
Government to reactivate three dispensaries

Government to reactivate three dispensaries

In order to reduce increasing burden on health facilities of the Federal Capital's two major medical institutions, government has decided to upgrade and reactivate three dispensaries out of total 26 operating in Islamabad. Federal Secretary Health Syed An
Published 26 Dec, 2004 12:00am
Prime Minister for basic amenities to masses

Prime Minister for basic amenities to masses

Government is committed to provide basic facilities of life to all people whether from big cities or small towns, Prime Minister Shaukat Aziz said this while talking to a delegation from Fateh Jang. The delegation included Sardar Muhammad Ali, MPA Sardar
Published 26 Dec, 2004 12:00am
PML-N concerned over PPPP's reported deal with government

PML-N concerned over PPPP's reported deal with government

PML (N) Chairman Raja Zafarul Haq has warned the Pakistan Peoples Party Parliamentarian's leadership against a possible "deal" with the government saying such a move would sabotage the struggle to restore constitutionalism and rule of law in the country.
Published 26 Dec, 2004 12:00am
President in uniform must for system: Rashid

President in uniform must for system: Rashid

Federal Minister for Information and Broadcasting Shaikh Rashid Ahmed on Saturday said the uniform of President General Pervez Musharraf was a reality and it had become a necessity for the present political and economic system in the country. Talking to n
Published 26 Dec, 2004 12:00am
Quaid's birth anniversary celebrated with zeal

Quaid's birth anniversary celebrated with zeal

The 128th birth anniversary of Quaid-e-Azam Muhammad Ali Jinnah was celebrated on Saturday with a renewed pledge to make Pakistan economically strong and an Islamic state in line with the aspirations of the Father of the Nation. The day was declared as a
Published 26 Dec, 2004 12:00am
Shaukat hails Christians contribution in education

Shaukat hails Christians contribution in education

Prime Minister Shaukat Aziz on Saturday appreciated the contribution of eminent persons from minorities, especially Christians in education and other sectors of life. Talking to a 15-member delegation of Christians led by Professor Mushtaq Victor, MNA, Sh
Published 26 Dec, 2004 12:00am
Natural disasters cost insurance industry over $35 billion

Natural disasters cost insurance industry over $35 billion

For the first 10 months of this year natural disasters cost the insurance industry just over 35 billion dollars, up from 16 billion dollars in 2003, and 2004 was set to go down in the history books, as the most expensive year for the insurance industry wo
Published 26 Dec, 2004 12:00am
Natural disasters cost insurance industry over $35 billion

Natural disasters cost insurance industry over $35 billion

For the first 10 months of this year natural disasters cost the insurance industry just over 35 billion dollars, up from 16 billion dollars in 2003, and 2004 was set to go down in the history books, as the most expensive year for the insurance industry wo
Published 26 Dec, 2004 12:00am
Inter-provincial meeting on security on December 27

Inter-provincial meeting on security on December 27

A two-day inter-provincial co-ordination meeting on internal security is being held in Lahore on Monday to discuss a host of security issues confronting the nation for past quarter of a century and the post December 31 situation fraught with social and po
Published 26 Dec, 2004 12:00am
Inter-provincial meeting on security on December 27

Inter-provincial meeting on security on December 27

A two-day inter-provincial co-ordination meeting on internal security is being held in Lahore on Monday to discuss a host of security issues confronting the nation for past quarter of a century and the post December 31 situation fraught with social and po
Published 26 Dec, 2004 12:00am
India willing to join Pak-Iran gas pipeline project

India willing to join Pak-Iran gas pipeline project

Pakistan is yet to formally respond to India's written invitation for detailed discussion on the proposed Pak-Iran gas pipeline project, it is learnt here reliably. Indian High Commissioner to Pakistan Shiv Shankar Menon had delivered a letter of the Indi
Published 26 Dec, 2004 12:00am
India willing to join Pak-Iran gas pipeline project

India willing to join Pak-Iran gas pipeline project

Pakistan is yet to formally respond to India's written invitation for detailed discussion on the proposed Pak-Iran gas pipeline project, it is learnt here reliably. Indian High Commissioner to Pakistan Shiv Shankar Menon had delivered a letter of the Indi
Published 26 Dec, 2004 12:00am
One dead, 7 hurt in Bannu bomb blast

One dead, 7 hurt in Bannu bomb blast

A bomb blast killed a suspected member of a banned extremist outfit and wounded seven other people in Bannu town close to the North Waziristan area on Saturday, officials said. "One person was killed and four were wounded in the blast," Information Minist
Published 26 Dec, 2004 12:00am
One dead, 7 hurt in Bannu bomb blast

One dead, 7 hurt in Bannu bomb blast

A bomb blast killed a suspected member of a banned extremist outfit and wounded seven other people in Bannu town close to the North Waziristan area on Saturday, officials said. "One person was killed and four were wounded in the blast," Information Minist
Published 26 Dec, 2004 12:00am
Suicide and bomb attacks kill 14 in Iraq

Suicide and bomb attacks kill 14 in Iraq

Rescuers dug seven bodies, all of them from the same family, from the rubble of their house on Saturday after an abortive truck bomb attack on the Jordanian embassy in Baghdad in which nine people died. As American troops and Iraq's beleaguered Christian
Published 26 Dec, 2004 12:00am
Suicide and bomb attacks kill 14 in Iraq

Suicide and bomb attacks kill 14 in Iraq

Rescuers dug seven bodies, all of them from the same family, from the rubble of their house on Saturday after an abortive truck bomb attack on the Jordanian embassy in Baghdad in which nine people died. As American troops and Iraq's beleaguered Christian
Published 26 Dec, 2004 12:00am
Prospector looks to revive Australian tin mining

Prospector looks to revive Australian tin mining

Australia's Malachite Resources N.L has planted a drill rig atop a modified four-wheel drive Landcruiser in hopes of reviving Australia's long declining tin mining industry. Depressed metals prices and a string of bankruptcies have left Australia, once th
Published 26 Dec, 2004 12:00am
Seven Pakistani pilgrims expire

Seven Pakistani pilgrims expire

Seven Pakistani pilgrims have so far died after arriving in Saudi Arabia for Haj-2005, Pakistan Haj Medical Mission reported. The mission, which also made arrangements for their burial, said they died of natural causes. The national flag carrier PIA has a
Published 26 Dec, 2004 12:00am
Quota abolition: no need for visa, export licence after January 1

Quota abolition: no need for visa, export licence after January 1

The Export Promotion Bureau (EPB) has informed the textile associations and exporters that since there will be no quota regime from January 1, 2005, there will, therefore, be no need for visa/export licence for textile goods. However, all other normal doc
Published 26 Dec, 2004 12:00am
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