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Print - 2005-01-19
Hearing against land allotment adjourned

Hearing against land allotment adjourned

The Lahore High Court (LHC) has adjourned proceedings in a petition by Allah Ditta and others, challenging Punjab government's notification, allotment of land to wildlife department. The court also directed the petitioners' counsel to submit his rejoinder
Published 19 Jan, 2005 12:00am
LHC extends bails of DIG and others

LHC extends bails of DIG and others

The Lahore High Court (LHC) has extended the bails of Deputy Inspector General (DIG) police Gujranwala Malik Iqbal and other police officials till January 24, as the law officer failed to produce relevant record. The accused are facing the charges of invo
Published 19 Jan, 2005 12:00am
World customs day on January 26

World customs day on January 26

The International Customs Day is being celebrated on 26th January, 2005 throughout the world, under the auspices of the World Customs Organisation (WCO). In this regard, the Collectorate of Customs, Sales Tax and Central Excise, Hyderabad has arranged to
Published 19 Jan, 2005 12:00am
Lecture delivered on modern trends in TEFL/ESL

Lecture delivered on modern trends in TEFL/ESL

The World of English Language institute for TEFL/ESL held a symposium for the purpose to discuss TEFL/ESL. David Cristan, a professor of linguistics, from the United States of America has delivered a lecture on the modern trends in TEFL/ESL. The participa
Published 19 Jan, 2005 12:00am
Saudi-Pak JMC to be held from February 7

Saudi-Pak JMC to be held from February 7

The 7th Session of the Saudi-Pak Joint Ministerial Commission (JMC) will be held from February 7 to 9 to explore new avenues of bilateral trade along with recommendations for increasing economic co-operation. The official sources told Business Recorder
Published 19 Jan, 2005 12:00am
Smeda initiates consultative process for SME policy

Smeda initiates consultative process for SME policy

Small and Medium Enterprise Development Authority (Smeda) has initiated a consultative process with stakeholders on the first-ever SME policy to be announced by the government by next June. Shahab Khawaja, Smeda Chief Executive Officer, disclosed this whi
Published 19 Jan, 2005 12:00am
PML-N for debate on Sui and Gilgit events in parliament

PML-N for debate on Sui and Gilgit events in parliament

A leader of Pakistan Muslim League - Nawaz (PML-N) and Member National Assembly (MNA) Khawaja Saad Rafiq, and PML-N chief organiser Northern Areas Hafeez-ur-Rehman have called upon the government to call special session of the National Assembly to discuss
Published 19 Jan, 2005 12:00am
Quick transfer of plots in CDA Sector E-12

Quick transfer of plots in CDA Sector E-12

The Capital Development Authority (CDA) State Management Directorate has decided to transfer plots immediately to the owners in Sector E-12. According to the CDA State Management Directorate, the plots are being transferred initially in Sector E-12 and al
Published 19 Jan, 2005 12:00am
Canal Drainage Act 1873 to be amended: minister

Canal Drainage Act 1873 to be amended: minister

Punjab Irrigation Department is to finalise proposals by February 20 next, to amend the Canal Drainage Act 1873, to make it in consonance with the requirements of the present day. Punjab Irrigation Minister Amer Sultan Cheema revealed this while speaking
Published 19 Jan, 2005 12:00am
Female local body members threaten blockade of Parliament

Female local body members threaten blockade of Parliament

Elected female Nazims, Naib Nazims and Councillors have threatened blockade of the Parliament, after Eid-ul-Azha, if the government failed to withdraw its decision to decrease the number of female members in Local Body institutions. In a protest demonstra
Published 19 Jan, 2005 12:00am
Oman deports 640 Pakistanis

Oman deports 640 Pakistanis

A new batch of some 640 Pakistanis deported by Oman arrived here on Tuesday, raising to 35,000 the number expelled by the Gulf state for illegal entry over the past four years, officials said. The deportees, mostly illiterate people from low income rural
Published 19 Jan, 2005 12:00am
Heroin concealed in photo frame seized

Heroin concealed in photo frame seized

The vigilance staff of Collectorate of Customs (Export) at the Air Freight Unit (AFU) at Jinnah Terminal recovered about three kilogram of heroin cleverly concealed in cavities of photo frames. Frames along with other items, such as bed sheets, table clot
Published 19 Jan, 2005 12:00am
PGICL assigned IFS rating of 'B'

PGICL assigned IFS rating of 'B'

JCR-VIS Credit Rating Company Limited has assigned an Insurer Financial Strength (IFS) rating of 'B' (single B) to the Pakistan General Insurance Company Limited (PGICL). According to a JCR-VIS press release, the outlook on the rating is stable. PGICL has
Published 19 Jan, 2005 12:00am
Training for quality auditors

Training for quality auditors

Mehran University of Engineering and Technology (MUET) has organised a training programme to create awareness amongst the newly inducted Internal Quality Auditors (IQAs) of the University about the audit and its procedure to verify the implementation of I
Published 19 Jan, 2005 12:00am
21-kg charas seized: one held

21-kg charas seized: one held

The Excise Divisional Intelligence staff raided a house in Gulshan-e-Ghazi, Baldia Town, and recovered 21-kg charas kept there for sale, and arrested an accused from the spot on Monday. The raid was conducted on a tip-off that the contraband has been kept
Published 19 Jan, 2005 12:00am
The Weather

The Weather

The weather report on Tuesday (January 18) and the forecast for Wednesday (January 19, 2005).
Published 19 Jan, 2005 12:00am
Steps to ensure funds utilisation

Steps to ensure funds utilisation

Steps would be taken to ensure the utilisation of funds given by City Government to Union Councils in the light of resolution of City Council. A decision in this regard was taken at a meeting held under the chairmanship of acting Nazim Karachi Tariq Hasan
Published 19 Jan, 2005 12:00am
Key stock market movements at 1800 GMT on January 18

Key stock market movements at 1800 GMT on January 18

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 19 Jan, 2005 12:00am
Ikhtiar named panelist for Expo 2005 workshop

Ikhtiar named panelist for Expo 2005 workshop

Governor State Bank, Dr Ishrat Hussain has nominated, Chairman Site Association of Industry, Dr Mirza Ikhtiar Baig, as one of the two panelists with him to answer queries from foreign buyers at the product workshop on the occasion of Expo-2005. The worksh
Published 19 Jan, 2005 12:00am
Early completion of Business Recorder Road ordered

Early completion of Business Recorder Road ordered

Acting City Nazim Tariq Hassan has instructed officials concerned to complete the work of the Business Recorder Road before its schedule. While inspecting the carpeting of the road, here on Tuesday, he expressed his satisfaction over the work pace,
Published 19 Jan, 2005 12:00am
No need to raise Supreme Court judges' strength: acting CJ

No need to raise Supreme Court judges' strength: acting CJ

Existing number of judges of the Supreme Court of Pakistan is enough to handle the pending cases and there is no need to increase the number of judges in the apex court. Justice Iftikhar Mohammad Chaudhry said this on Monday while talking to mediamen afte
Published 19 Jan, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
Bohra Jamat leader fetes Ijaz

Bohra Jamat leader fetes Ijaz

Syed Ammar Jamaluddin, spiritual leader of Bohra Jamat and son of Syedna Burhanuddin, hosted a dinner for Minister of Religious Affairs Mohammad Ijaz-ul-Haq here on Monday night. Ijaz-ul-Haq, heading Pakistan Haj delegation, was accompanied by the provinc
Published 19 Jan, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
Iqra University donates Rs 0.5 million for tsunami victims

Iqra University donates Rs 0.5 million for tsunami victims

Iqra University Chancellor Hunaid Lakhani has announced a donation of Rs 500,000 (0.5 million) towards the Tsunami Relief Fund of the President. He made this announcement while speaking at a function organised by the Students Council to celebrate the seve
Published 19 Jan, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (January 18) and for Wednesday (January 19, 2005).
Published 19 Jan, 2005 12:00am
Illegal structures razed

Illegal structures razed

The demolition squad of the Karachi Building Control Authority (KBCA) carried out demolition and sealing of various illegal structures in the city on Tuesday. A KBCA demolition team sealed shops in Sector 14-B, Phase-4, Shadman Town, while illegally const
Published 19 Jan, 2005 12:00am
Foundation of road laid

Foundation of road laid

The Provincial Minister for Planning and Development Shoaib Ahmed Bukhari on Tuesday laid the foundation stone of road from Erum Emporium to Iqbal Garden, Sector 13-A/4 Buffer Zone. The project, which will cost Rs 10 million, has been proposed by MPA Imam
Published 19 Jan, 2005 12:00am
Chinese firm to expand electronic business

Chinese firm to expand electronic business

One of the Chinese topmost business groups, Haier, has decided to expand its manufacturing network in Pakistan. "We see the business environment in Pakistan highly favourable," said a company's official while talking to APP here on Tuesday. The Sino-Pak b
Published 19 Jan, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
Food for Pakistani pilgrims

Food for Pakistani pilgrims

The Ministry of Religious Affairs has made arrangements to provide food to more than 150, 000 Pakistani pilgrims at Mina. According to the Haj Directorate, Makkah, the step has been taken to enable the pilgrims concentrate more on Haj ritual
Published 19 Jan, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
Indian occupied Kashmir not a symbol of secularism: APHC

Indian occupied Kashmir not a symbol of secularism: APHC

All Parties Hurriyat Conference (APHC) Chairman Syed Ali Shah Gilani has said on Tuesday Indian occupied Kashmir (IOK) is not a symbol of secularism but of a tyrannical occupation. In an interview with a private TV channel, he said the statement of Indian
Published 19 Jan, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
Industrialisation being stepped up: minister

Industrialisation being stepped up: minister

Federal Minister for Industries, Production and Special Initiatives Jehangir Khan Tareen has said that the government is trying its best to activate the current special industrial zones in order to increase the pace of industrialisation in the country as
Published 19 Jan, 2005 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
SSGC workers donate Rs 4.92 million for tsunami victims

SSGC workers donate Rs 4.92 million for tsunami victims

Minister for Petroleum and Natural Resources Amanullah Khan Jadoon called on Prime Minister Shaukat Aziz on Tuesday at the PM House and presented him a cheque for Rs 4.92 million. The amount had been contributed by employees of Sui Southern Gas Company Li
Published 19 Jan, 2005 12:00am
Security in all Eid trains enhanced

Security in all Eid trains enhanced

Additional force of armed contingents of police have been deployed in all the passenger trains operating during the Eid-ul-Azha holidays to ensure safety of all passengers and avert any mishap. Acting Inspector General Pakistan Railways Police Rana
Published 19 Jan, 2005 12:00am
Tsunami victims help: Indonesian envoy thanks people

Tsunami victims help: Indonesian envoy thanks people

Honorary Consul of the Republic of Indonesia in Punjab Jamil A. Naz has thanked the individuals and organisations, who helped in collecting donations in cash and kind for tsunami victims. "The condolence messages and help received from Pakistani brothers,
Published 19 Jan, 2005 12:00am
THE RUPEE: all round gains in currency market

THE RUPEE: all round gains in currency market

An increase of 3.86 percent in the country's remittances helped the rupee to gain strength in the interbank market, picking up seven paisa versus the dollar for buying at Rs 59.41 and rose by five paisa for selling at Rs 59.45, respectively. According to
Published 19 Jan, 2005 12:00am
Mobile squads deployed in Lahore

Mobile squads deployed in Lahore

As many as 30 squads of Elite force commandos and 70 squads of Mujahid force along with heavy police contingents, equipped with sophisticated weapons, have been deployed in round-the-clock mobile patrol in the city to ensure law and order during the Eid h
Published 19 Jan, 2005 12:00am
THE RUPEE: all round gains in currency market

THE RUPEE: all round gains in currency market

An increase of 3.86 percent in the country's remittances helped the rupee to gain strength in the interbank market, picking up seven paisa versus the dollar for buying at Rs 59.41 and rose by five paisa for selling at Rs 59.45, respectively. According to
Published 19 Jan, 2005 12:00am
Crackdown on poachers in Punjab shortly

Crackdown on poachers in Punjab shortly

The Punjab wildlife department has constituted several mobile teams to launch a vigorous campaign against poachers to protect wildlife species throughout the provinces especially during the sacrificial days of Eid-ul-Azha. Punjab Wildlife and Parks Direct
Published 19 Jan, 2005 12:00am
Bank of Punjab to open 13 branches this year

Bank of Punjab to open 13 branches this year

The Bank of Punjab (BoP) will open 13 more branches during the current year to expand its operations in different parts of the country. "With 13 branches opened last year, the number of the BoP outlets in all four provinces has reached 253," BoP Managing
Published 19 Jan, 2005 12:00am
MMA leader injured in attack

MMA leader injured in attack

The President of Muttahida Majlis-i-Amal (MMA), Sialkot, Atiq-Ur-Rehman was injured seriously when unidentified gunmen attacked him here on Tuesday morning, relatives of the leader said. Atiq, also local chief of Jamaat-i-Islami, was going to the mosque t
Published 19 Jan, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
Timely completion of water projects urged

Timely completion of water projects urged

The Water and Power Development Authority (Wapda) Chairman Tariq Hamid has called upon the project managers to expedite their efforts for timely completion of projects so that the nation could start accruing their benefits for economic stability. While ch
Published 19 Jan, 2005 12:00am
Rs 520 million loaned so far under employment plan

Rs 520 million loaned so far under employment plan

An amount of Rs 520 million has been extended so far as loans to people under the Punjab Chief Minister's Self-Employment Programme for Livestock and Dairy Development. "The loans will not only help end the menace of unemployment but these will also help
Published 19 Jan, 2005 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
'Rs 150 billion NDP to help improve irrigation system'

'Rs 150 billion NDP to help improve irrigation system'

The government has launched a National Drainage Programme (NDP) for improvement in the field of drainage and reclamation of water-logged and saline land in the Indus basin. The first phase of programme, commenced by the World Bank, Asian Development Bank
Published 19 Jan, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
Fountain House launches 'adopt me programme' today

Fountain House launches 'adopt me programme' today

For the first time in the country, the Fountain House Lahore, which is a charitable organisation engaged in rehabilitation of as many 250 schizophrenic patients, is going to start "Adopt me programme". Under this programme philanthropists will adopt one "
Published 19 Jan, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jan, 2005 12:00am
Government to spend Rs 45 billion on development of Fata

Government to spend Rs 45 billion on development of Fata

The government is planning to spend Rs 45 billion under the 10th Five Year Plan on uplift schemes in Federally Administered Tribal Areas (Fata) to bring the tribal belt on par with other developed parts of the country. Official source told Business Rec
Published 19 Jan, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Jan, 2005 12:00am
Two militants die while planting bombs

Two militants die while planting bombs

Two militants were killed by their own bomb early Tuesday while planting it by the roadside near the Afghan border, an official said. Paramilitary troops found the bodies of two men in Makin, a town in the South Waziristan tribal zone which is known as a
Published 19 Jan, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 19 Jan, 2005 12:00am
BNP (Mengal) to disown parliamentary body proposals

BNP (Mengal) to disown parliamentary body proposals

The Balochistan National Party (Mengal group) will disown the recommendations of the Parliamentary Committee on Balochistan, BNP parliamentary party leader in the Senate Senator Sanaullah Baloch said. Talking to Business Recorder here on Tuesday, h
Published 19 Jan, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
Automated customs clearance system from March 23

Automated customs clearance system from March 23

The Central Board of Revenue (CBR) has decided to shift 50 percent of total imports on Automated Customs Procedure (ACP), which is presently around 8 percent of total imports, and a notification in this regard is likely to be issued in a day or two. This
Published 19 Jan, 2005 12:00am
Notice issued to Faisalabad Nazim

Notice issued to Faisalabad Nazim

The Lahore High Court (LHC) issued notice to District Nazim Faisalabad and directed him to appear before the court on February 07, in a petition filed by a social worker, Bashir Ahmed. The petitioner contended that the respondent has awarded a contract of
Published 19 Jan, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Jan, 2005 12:00am
Farmers of Balochistan to be trained on modern techniques

Farmers of Balochistan to be trained on modern techniques

The Federal Food Minister Sikandar Hayat Khan Bosan disclosed on Monday that the government would launch a Rs 670 million programme aimed at providing training to small farmers of Balochistan to enable them using modern farming techniques. During a meetin
Published 19 Jan, 2005 12:00am
First International Urdu conference from March 9

First International Urdu conference from March 9

Renowned international artists, poets, writers, scholars and researchers of Urdu language would participate in the First International Urdu Conference scheduled for March 9 to 13, 2005. President General Pervez Musharraf has been requested to open the con
Published 19 Jan, 2005 12:00am
PSAA furious over containers' requisition by police

PSAA furious over containers' requisition by police

The Pakistan Ship Agents Association (PSAA) has protested against requisition of containers by the Karachi police for blocking and cordoning of roads for security purposes, and said that such unilateral action is impending smooth flow of exports. PSAA Se
Published 19 Jan, 2005 12:00am
Admiral Gough calls on Musharraf

Admiral Gough calls on Musharraf

Rear Admiral Andrew Gough, secretary-general, Order of Saint John (medical services), who is currently visiting Pakistan, called on President General Pervez here on Tuesday. The President appreciated the training of paramedics, ambulance and maternity ser
Published 19 Jan, 2005 12:00am
Mega projects launched for uplift and welfare of masses: Rashid

Mega projects launched for uplift and welfare of masses: Rashid

The Federal Minister for Information, Sheikh Rashid Ahmed said on Tuesday that the government has launched mega projects worth billions of rupees for the development of the country and welfare of the masses. Addressing a rally of Sarhad Transport Workers
Published 19 Jan, 2005 12:00am
Pakistan to keep composite dialogue moving: Rashid

Pakistan to keep composite dialogue moving: Rashid

Information Minister Sheikh Rashid Ahmed has said Pakistan will continue its efforts to keep the process of composite dialogue with India moving in the positive direction. In an interview with BBC Radio, he regretted that recent statement of Indian Extern
Published 19 Jan, 2005 12:00am
Police claim success in wiping out criminals

Police claim success in wiping out criminals

Deputy Inspector General (DIG) police Faisalabad Range, Chaudhry Sajjad Ahmad has said that in result of better strategy chalked out against the criminals, ten notorious criminals had been killed in police encounters during a short period of only one mont
Published 19 Jan, 2005 12:00am
Pakistani troops leave for Liberia

Pakistani troops leave for Liberia

A group of Pak Army troops left here on Tuesday morning to participate in the UN Mission in Liberia. The batch of over 100 officers and soldiers mainly comprises army engineers, an ISPR communiqué said. General Officer Commanding Major General Syed Muhamm
Published 19 Jan, 2005 12:00am
No clue yet to Rs 20 million dacoity

No clue yet to Rs 20 million dacoity

Police have failed tracing clue into Rs 20 million valuable drugs dacoity after lapsing 50 hours and still investigating on guesses while the victim drugs dealer has suffered into critical health unrest on Monday. Local traders have widely condemned polic
Published 19 Jan, 2005 12:00am
'World to face acute shortage of water and food in 2025'

'World to face acute shortage of water and food in 2025'

Forty percent of the world population is facing shortage of water, which will take a serious turn with acute shortage of water and food in 2025, said Professor Dr Bashir Ahmad, Vice Chancellor University of Agriculture Faisalabad (UAF). He was addressing
Published 19 Jan, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
Poisonous liquor death toll rises to 5

Poisonous liquor death toll rises to 5

Another person Zahoor Ahmed of Kotla Tolay Khan (Multan city), who had lost his eyesight after taking poisonous liquor last week, died on Tuesday raising the death toll to five while another Altaf Masih is still in critical condition in hospital. Four per
Published 19 Jan, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
'ARD to launch drive against Musharraf'

'ARD to launch drive against Musharraf'

Alliance for Restoration of Democracy (ARD) will launch a decisive movement and it would be a final round after Eid-ul-Azha to get rid of Pervez Musharraf in 2005, formation of a caretaker set-up of National consensus to hold free, transparent and fair el
Published 19 Jan, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Tuesday (January 18, 2005).

Published 19 Jan, 2005 12:00am
Pakistan and Italy discuss trade expansion

Pakistan and Italy discuss trade expansion

The Federal Commerce Minister Humayun Akhtar Khan on Tuesday discussed with the Italian officials about trade and economic matters, with complete understanding of each other's position on bilateral and multilateral business relations. Humayun Akhtar is, c
Published 19 Jan, 2005 12:00am