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Sep 28, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-02-01
India may issue 10,000 visas for Pakistan's cricket tour

India may issue 10,000 visas for Pakistan's cricket tour

India plans to issue 10,000 visas to Pakistanis wanting to watch their cricket team's first Test series on Indian soil in six years, a cricket official said on Monday. "The foreign office has assured us full co-operation to make the tour a memorable one,"
Published 01 Feb, 2005 12:00am
Ahmed seals Bangladesh's first ODI series triumph

Ahmed seals Bangladesh's first ODI series triumph

Bangladesh, fresh from winning their first test series, made it a double celebration by crushing Zimbabwe by eight wickets in their fifth one-day international on Monday to take the series 3-2. Set 199 to win, Aftab Ahmed led the way with a blistering 81
Published 01 Feb, 2005 12:00am
Iran says seized British boats belong in museum

Iran says seized British boats belong in museum

Three British naval boats confiscated by Iran's military last June must go to Iran's war museum, rather than be returned as London has demanded, a senior military official told Reuters on Monday. Iran's Revolutionary Guards seized the three boats last Jun
Published 01 Feb, 2005 12:00am
Landmark flights, envoys calm Taiwan and China tension

Landmark flights, envoys calm Taiwan and China tension

The exchange of historic flights between China and Taiwan, a rare Beijing offer to restart stalled talks and a private visit by senior Chinese officials all point to a thaw in tensions in one of Asia's most dangerous hot spots. However, it may be too earl
Published 01 Feb, 2005 12:00am
France opens trial on 1999 Mont Blanc tunnel blaze

France opens trial on 1999 Mont Blanc tunnel blaze

Four firms and a dozen individuals went on trial in France on Monday charged with involuntary manslaughter over the deaths of 39 people in a blaze in the Mont Blanc tunnel in 1999. The disaster was caused by a Belgian-registered Volvo truck full of flour
Published 01 Feb, 2005 12:00am
Bangladesh opposition calls for fresh strike

Bangladesh opposition calls for fresh strike

The main Bangladesh opposition party, the Awami league, called on Monday for more strikes later this week in its anti-government campaign as the country emerged from a three-day nation-wide stoppage. The strike, backed by several smaller opposition partie
Published 01 Feb, 2005 12:00am
Nepali troops kill 14 Maoist rebels in gun battle

Nepali troops kill 14 Maoist rebels in gun battle

Nepali soldiers shot dead 14 Maoist rebels in a gun battle that erupted after the guerrillas attacked an army patrol in the east of the Himalayan kingdom, an army officer said on Monday. One soldier was also killed in Sunday's fighting in Dhanusha distric
Published 01 Feb, 2005 12:00am
China confirms red fire ants found in mainland

China confirms red fire ants found in mainland

China confirmed Monday that potentially destructive red fire ants have been found in parts of southern Guangdong province, but insisted it can control their spread. The ants, which mainly assault plants but also sting human beings and animals, triggering
Published 01 Feb, 2005 12:00am
US has 'serious proposal' for North Korea

US has 'serious proposal' for North Korea

The United States has a serious proposal for North Korea and is ready to discuss it at six-party talks on Pyongyang's nuclear weapons programmes, a senior US official was quoted as saying on Monday. "We are ready to go. We have a serious proposal. And we
Published 01 Feb, 2005 12:00am
Bangladeshi taka eases versus dollar on import payments

Bangladeshi taka eases versus dollar on import payments

The Bangladeshi taka ended softer on Monday on dollar purchases for import payments, dealers said. The taka was quoted at 61.00/63.43 per US dollar, against 61.00/63.40 on Sunday, a workday in Bangladesh. Call rates remained unchanged between 4.0 percent
Published 01 Feb, 2005 12:00am
Indian rupee flat as dollar inflows meet month-end demand

Indian rupee flat as dollar inflows meet month-end demand

The rupee ended steady on Monday as dollar inflows that accumulated over the weekend and fresh foreign investment offset month-end demand from local companies. The rupee closed little changed at 43.7150/7250 per dollar, compared to Friday's 43.7200/7250 c
Published 01 Feb, 2005 12:00am
Australian dollar holds tiny range

Australian dollar holds tiny range

The Australian dollar traded a tiny range on Monday despite further data building the case for higher local interest rates. Credit growth was stronger than expected in December, while a private survey showed inflation surged in January. "Rising underlying
Published 01 Feb, 2005 12:00am
Dollar inches higher as Fed, G7 awaited

Dollar inches higher as Fed, G7 awaited

The dollar crawled higher on Monday on expectations for higher US interest rates after an upcoming Federal Reserve meeting, but movement was restricted as the market eyed a slate of big economic events this week. Asian currencies including the Korean won
Published 01 Feb, 2005 12:00am
Asian currencies down as China, G7 expectations pared

Asian currencies down as China, G7 expectations pared

Asian currencies were pushed lower on Monday as markets scaled back their expectations for an imminent Chinese yuan revaluation and for the upcoming Group of Seven nations' meeting to put more pressure on the region. That happened after fresh comments fro
Published 01 Feb, 2005 12:00am
Swiss franc ends flat

Swiss franc ends flat

The Swiss franc was flat in early trade against the dollar on Monday, shrugging off a government move to cut its 2005 growth forecasts and a fall in the Swiss leading indicator, confirming a slowdown in the economy. The dollar was last trading at 1.1887/9
Published 01 Feb, 2005 12:00am
Hong Kong dollar weakens

Hong Kong dollar weakens

The Hong Kong dollar weakened and discounts on forward rates narrowed on Monday as players covered short (US dollar) positions after the greenback found support ahead of this week's Federal Reserve policy meeting. Many players also scaled back their expec
Published 01 Feb, 2005 12:00am
Chinese yuan ends firmer

Chinese yuan ends firmer

The yuan ended one notch firmer at 8.2764 per US dollar on Monday, near the stronger end of its managed trading range. The one-year non-deliverable dollar forward discount versus the yuan was at 3,840 points, implying a rate of 7.894 yuan per dollar in 12
Published 01 Feb, 2005 12:00am
Bush names deputy national security adviser

Bush names deputy national security adviser

US President George W. Bush has named the US ambassador to Romania, Jack Crouch II, deputy national security adviser, replacing Stephen Hadley, White House spokesman Scott McClellan said Monday. "The president believes his extensive experience in national
Published 01 Feb, 2005 12:00am
UK commission wants to replace BBC governors

UK commission wants to replace BBC governors

A government-appointed commission wants a new body to oversee Britain's public broadcaster, the BBC, with the power to force it to share its 2 billion pound ($3.76 billion) annual subsidy with rivals. The review by Lord Burns is sure to raise hackles at o
Published 01 Feb, 2005 12:00am
UK commission wants to replace BBC governors

UK commission wants to replace BBC governors

A government-appointed commission wants a new body to oversee Britain's public broadcaster, the BBC, with the power to force it to share its 2 billion pound ($3.76 billion) annual subsidy with rivals. The review by Lord Burns is sure to raise hackles at o
Published 01 Feb, 2005 12:00am
Joginder Singh takes charge of Indian army

Joginder Singh takes charge of Indian army

A top commander who played a key role during the 1999 Kargil conflict in disputed Kashmir, Joginder Jaswant Singh, took over as the head of the Indian army on Monday. General Joginder Singh, 59, took over from outgoing chief General N.C. Vij at a colourfu
Published 01 Feb, 2005 12:00am
Britain targets sham marriages with new laws

Britain targets sham marriages with new laws

Britain will introduce new rules on Tuesday that target sham marriages and the gangs that exploit legal loopholes in the country's immigration system. The problem was highlighted last September when police arrested seven people and smashed a criminal netw
Published 01 Feb, 2005 12:00am
France, Germany and Russia hail Iraq poll success

France, Germany and Russia hail Iraq poll success

Leading Iraq war opponents France, Germany and Russia hailed elections in the country as a first step on the road to democracy on Monday and pledged to back US efforts to restore stability. In a greater than expected turnout, up to 8 million Iraqis cast b
Published 01 Feb, 2005 12:00am
Bush wants all included in Iraq's political process

Bush wants all included in Iraq's political process

President George W. Bush encouraged Iraq's interim leaders on Monday to ensure minority Sunni Arabs are included in Iraq's political process and the White House brushed aside Democratic calls for a timetable for US troops to begin withdrawing. A day after
Published 01 Feb, 2005 12:00am
Allawi urges unity; warns insurgency not over

Allawi urges unity; warns insurgency not over

Iraq's interim prime minister urged the country's rival ethnic and religious groups to unite on Monday after millions voted in a historic election, but he warned that insurgents would launch more bloody attacks. Within hours of his speech, the Arabic tele
Published 01 Feb, 2005 12:00am
UN Darfur report does not see genocide: Sudan

UN Darfur report does not see genocide: Sudan

A keenly awaited United Nations investigation into human rights abuse in Sudan's Darfur region does not describe violence against villagers there as "genocide", the Sudanese government said on Monday. Pro-government militia are accused of a two-year campa
Published 01 Feb, 2005 12:00am
EU moves to end diplomatic row with Cuba

EU moves to end diplomatic row with Cuba

The European Union moved to end a diplomatic row with Cuba on Monday by suspending a policy of inviting dissidents to national day celebrations at its Havana embassies in protest at the island's human rights record. The so-called "cocktail war" blew up wh
Published 01 Feb, 2005 12:00am
Guantanamo tribunals unconstitutional: US judge

Guantanamo tribunals unconstitutional: US judge

A US judge ruled on Monday that the Guantanamo military tribunals for terrorism suspects are unconstitutional. In a setback for the Bush administration, US District Judge Joyce Hens Green also ruled the prisoners at the US military base at Guantanamo Bay
Published 01 Feb, 2005 12:00am
New Gaza violence strains de facto truce

New Gaza violence strains de facto truce

Israeli gunfire killed a Palestinian girl at a UN-run school on Monday, witnesses said, and militants shelled Jewish settlements in response, straining a de facto truce that has raised hopes for peace. The incidents punctured the relative calm that has se
Published 01 Feb, 2005 12:00am
Over 50 countries to attend anti-terrorism meeting

Over 50 countries to attend anti-terrorism meeting

More than 50 countries, as well as international bodies, will attend a counter-terrorism conference in Saudi Arabia from February 5 to 8, the official SPA news agency said on Monday. Besides looking at the causes of terrorism, delegates will also discuss
Published 01 Feb, 2005 12:00am
Uranium enrichment freeze will be short-lived: Iran

Uranium enrichment freeze will be short-lived: Iran

Iran said Monday its current freeze on uranium enrichment would be short-lived but insisted that its nuclear activities posed no risk to the region as claimed the United States. "The length of the suspension will not be very long and will be valid for the
Published 01 Feb, 2005 12:00am
Car bomb, ministry fire hit Tajik capital

Car bomb, ministry fire hit Tajik capital

A car bomb exploded outside a ministry in the Tajik capital Dushanbe, killing the driver, and fire broke out in another of the ex-Soviet state's government buildings on Monday, a security source and witnesses said. The Foreign Ministry of Tajikistan, whic
Published 01 Feb, 2005 12:00am
Sri Lankan stocks lower

Sri Lankan stocks lower

Sri Lankan stocks ended slightly lower on Monday on foreign selling in blue chips as investors sought profits after the market rose to fresh highs in early trade, brokers said. The key Colombo all-share index ended a provisional 0.12 percent, or 2.01 poin
Published 01 Feb, 2005 12:00am
Corporate bonds end mixed

Corporate bonds end mixed

European corporate bonds ended Monday in a mixed mood as financials performed better amid thin issuance volumes and auto-makers' bonds were steady or slightly wider ahead of sales figures due to be released on Tuesday. The high-yield market provided some
Published 01 Feb, 2005 12:00am
Corporate bonds end mixed

Corporate bonds end mixed

European corporate bonds ended Monday in a mixed mood as financials performed better amid thin issuance volumes and auto-makers' bonds were steady or slightly wider ahead of sales figures due to be released on Tuesday. The high-yield market provided some
Published 01 Feb, 2005 12:00am
FTSE flirts with 2-1/2-year high as M&A talk grows

FTSE flirts with 2-1/2-year high as M&A talk grows

Britain's FTSE 100 ended near 2-1/2 year closing highs on Monday as a fresh wave of take-over talk swept through the market, led by continued speculation over blue chip fund firm Amvescap on the eve of its annual results, while the mid-cap focus was sharp
Published 01 Feb, 2005 12:00am
Sterling nonplusses by mixed data

Sterling nonplusses by mixed data

Sterling traded in tight ranges against the euro and dollar on Monday after mixed UK economic data failed to give it direction, and investors remained cautious ahead of key US releases this week. Sterling lost some ground versus the dollar after Confedera
Published 01 Feb, 2005 12:00am
Dollar starts crucial week on firm footing

Dollar starts crucial week on firm footing

The dollar traded with a firm bias on Monday as investors positioned for another US interest rate rise and breathed a sigh of relief that Sunday's historic election in Iraq had passed with only sporadic violence. A US interest rate decision on Wednesday,
Published 01 Feb, 2005 12:00am
Metals close steadily, supply worries support

Metals close steadily, supply worries support

Base metals prices were steady at the close of Monday's London Metal Exchange (LME) trading, with supply tightness and plant closure news encouraging buying after profit-taking earlier in the day, traders said. Confirmation that Swiss-based commodity prod
Published 01 Feb, 2005 12:00am
New York cotton ends firmer

New York cotton ends firmer

Cotton futures rose on Monday in reaction to a late Friday report that farmers would plant fewer acres of cotton this year than last, but trade was restrained by fund selling and spread activity. "I think the acreage report was constructive," said John Fl
Published 01 Feb, 2005 12:00am
Gold stumbles to three-week low

Gold stumbles to three-week low

Gold shed nearly 1.5 percent in Europe on Monday as investors sold back the safe haven asset after Sunday's historic election in Iraq saw only sporadic violence, dealers said. "The elections passed off fairly well - all things considered - but I think the
Published 01 Feb, 2005 12:00am
Oil rises on worries of Opec cut

Oil rises on worries of Opec cut

Oil prices rose on Monday on worries that production cartel Opec could decide to cut output soon even after it kept output steady at its meeting over the weekend. US oil prices rose 77 cents to $47.95 a barrel. London Brent crude was up 65 cents at $45.60
Published 01 Feb, 2005 12:00am
Oil rises on worries of Opec cut

Oil rises on worries of Opec cut

Oil prices rose on Monday on worries that production cartel Opec could decide to cut output soon even after it kept output steady at its meeting over the weekend. US oil prices rose 77 cents to $47.95 a barrel. London Brent crude was up 65 cents at $45.60
Published 01 Feb, 2005 12:00am
Shanghai copper mostly down

Shanghai copper mostly down

Low domestic copper stocks lifted prompt Shanghai copper futures on Monday, while most other contracts closed lower as traders closed positions ahead of the long Lunar New Year holiday. The February contract, which expires on Friday, closed at 31,530 yuan
Published 01 Feb, 2005 12:00am
Liffe sugar hits new contract high

Liffe sugar hits new contract high

London white sugar futures touched a fresh contract high of $270.5 on Monday, the highest for a front-month contract since July 2001, traders said.
Published 01 Feb, 2005 12:00am
Mansha elected ICMAP Karachi chairman

Mansha elected ICMAP Karachi chairman

Jawed Mansha, a senior fellow of the Institute of Cost and Management Accountants of Pakistan (ICMAP), has been elected as the chairman of its Karachi Branch Council for the year 2005. An announcement to this effect was made by the spokesperson of the ICM
Published 01 Feb, 2005 12:00am
Commonwealth team likely to observe LG polls

Commonwealth team likely to observe LG polls

Two-member delegation of Commonwealth Secretariat comprising Director Political Affairs Division Matthew E K Neuhaus and Special Advisor Political Affairs Division Syed Sharfuddin on Monday called on Election Commission of Pakistan Secretary Kanwar Muhamm
Published 01 Feb, 2005 12:00am
Sukuk bond set to expand investors' base: Salman

Sukuk bond set to expand investors' base: Salman

Advisor to the Prime Minister on Finance and Revenue Dr Salman Shah on Monday said the main aim behind the launching of Islamic Bond 'Sukuk' was to expand the base of investors, attracting the Islamic funds which were only invested in 'Shariah compliant'
Published 01 Feb, 2005 12:00am
Sukuk bond set to expand investors' base: Salman

Sukuk bond set to expand investors' base: Salman

Advisor to the Prime Minister on Finance and Revenue Dr Salman Shah on Monday said the main aim behind the launching of Islamic Bond 'Sukuk' was to expand the base of investors, attracting the Islamic funds which were only invested in 'Shariah compliant'
Published 01 Feb, 2005 12:00am
Swiss textile machinery import up 25-30 percent

Swiss textile machinery import up 25-30 percent

The trade volume of supply of Swiss textile machinery, which showed an increase of 20 percent during 2004, is set to register a further 25 to 30 percent increase during 2005. This was stated by textile machinery division of Swissmen chairman Christian Kuo
Published 01 Feb, 2005 12:00am
China offers to modernise ginning and textile industry

China offers to modernise ginning and textile industry

Pakistan and Chine should exchange modern technology in cotton production, ginning and textile sector, besides introducing new virus and heat resistant varieties evolved by Chinese or Pakistani researchers in their country. This was stated by members of C
Published 01 Feb, 2005 12:00am
China to provide chiller to LDA on subsidised price

China to provide chiller to LDA on subsidised price

A Chinese company, Broad has agreed to provide a high-quality chiller of 320 tonnes to Lahore Development Authority (LDA) on a subsidised price. A three-member delegation led by the LDA's Secretary Ihsanul Haque visited the company's factory in Changsha i
Published 01 Feb, 2005 12:00am
Threat to environment

Threat to environment

Healthy living depends on healthy environment. Human life suffers immensely when the natural balance of the environment is disturbed. For years, man lived in harmony with his environment. However, the birth of industrialisation has brought with it many ch
Published 01 Feb, 2005 12:00am
Ancient beasts raise questions about climate change

Ancient beasts raise questions about climate change

The signs of the scuffle were fresh but it is a struggle that has gone on for tens of millions of years. Just minutes before, dozens of tiny turtles had burst from the sand under the cover of darkness to make a mad dash for the sea by running a deadly gau
Published 01 Feb, 2005 12:00am
Syrian restriction narrows broadband Internet

Syrian restriction narrows broadband Internet

It's not the Internet it's the "Enter-not", laments a Syrian student, frustrated by his government's tight control over access to the World-wide Web. High-speed Internet connections or "broadband" was offered to Syrian consumers for the first time last ye
Published 01 Feb, 2005 12:00am
Investment, savings and resource gap

Investment, savings and resource gap

Higher levels of domestic savings are critical both for raising Pakistan's domestic investment rate and for reducing the country's dangerously high reliance on foreign savings. Yet, the factors that determine the level and behaviour of savings in a develo
Published 01 Feb, 2005 12:00am
Intellectual property rights

Intellectual property rights

Persistent violation of Intellectual Property Rights (IPR) is causing serious concern in Government circles with the surfacing of the possibility of imposition of retaliatory trade measures by the International Intellectual Property Alliance (IIPA). At a
Published 01 Feb, 2005 12:00am
Iraqi election

Iraqi election

The election held in Iraq on Sunday under the supervision of occupation forces has produced a commonly predicted outcome, further deepening the country's old divisions along ethnic and sectarian lines. While the preliminary results are to be announced in
Published 01 Feb, 2005 12:00am
Transfers and postings in CBR

Transfers and postings in CBR

The Central Board of Revenue (CBR) has given new assignments to five officials of Income Tax Group (Grade-19). According to a notification issued on Monday, Faiz Elahi Memon, Additional Director, Directorate of Inspection (DT), Karachi has been transferre
Published 01 Feb, 2005 12:00am
Workshop on cardiovascular diseases today

Workshop on cardiovascular diseases today

An eight-day workshop on "South Asian Cardiovascular Research Methodology" begins at the Aga Khan University on Tuesday. International experts on cardiovascular diseases are expected to impart comprehensive training to participants, mainly practising phys
Published 01 Feb, 2005 12:00am
Pacra assigns 'A' rating to TFC issue of COGSCL

Pacra assigns 'A' rating to TFC issue of COGSCL

Pakistan Credit Rating Agency (Pacra) has assigned a rating of 'A' (Single) to the proposed asset-backed term finance certificates (TFCs) issue of PKR 1,000 by Chanda Oil and Gas Securitisation Company Limited (COGSCL). The rating denotes a low expectatio
Published 01 Feb, 2005 12:00am
Pacra assigns 'A' rating to TFC issue of COGSCL

Pacra assigns 'A' rating to TFC issue of COGSCL

Pakistan Credit Rating Agency (Pacra) has assigned a rating of 'A' (Single) to the proposed asset-backed term finance certificates (TFCs) issue of PKR 1,000 by Chanda Oil and Gas Securitisation Company Limited (COGSCL). The rating denotes a low expectatio
Published 01 Feb, 2005 12:00am
'Muslims' persecution to end soon'

'Muslims' persecution to end soon'

Sindh home minister Rauf Siddiqui has said current wave of prejudice and persecution of Muslims would come to an end soon. He was speaking at the annual function of a local school on Monday. He said the attitude of the West towards the Muslim community ne
Published 01 Feb, 2005 12:00am
'Republicans always supportive of Pakistan's interests'

'Republicans always supportive of Pakistan's interests'

Sheraly Khwaja, an old Republican, has said in his January 20th presidential inauguration address that President George Bush had announced agenda for his second term based on the upholding of the values of liberty, freedom, democracy and human rights. "Hi
Published 01 Feb, 2005 12:00am
Punjab University employed 471 teachers in 5 years

Punjab University employed 471 teachers in 5 years

The Punjab University (PU) has employed 471 teachers during 173 meetings of its selection boards during the last five year from September 1999 to January 2005, while only 65 board meeting were held in the last years from 1990 to 1999. Vice-chancellor, Ars
Published 01 Feb, 2005 12:00am
Over Rs 2.8 million collected through registration marks auction

Over Rs 2.8 million collected through registration marks auction

The Punjab government has recovered a sizeable amount of over Rs 2.8 million through open auction of attractive registration marks of vehicles for LZL series here on Monday. The auction took place at the office of Motor Registering Authority, Lahore under
Published 01 Feb, 2005 12:00am
NBP moot on Industrial Relations

NBP moot on Industrial Relations

National Bank of Pakistan (NBP) has organised a conference on "Managing Industrial Relations for Higher Productivity." According to NBP here on Monday, the first ever conference of its kind was addressed by experts in the field of good personnel practices
Published 01 Feb, 2005 12:00am
LHCBA slams police officials

LHCBA slams police officials

The Lahore High Court Bar Association (LHCBA) has condemned action of the police officials, who made good their escape from the Lahore High Court (LHC) premises, after rejection of their bail applications in a case pertaining to killings of judges. The ba
Published 01 Feb, 2005 12:00am
China to provide containers' information beforehand

China to provide containers' information beforehand

The Chinese government has agreed to provide prior information about the details of containers to be transported through Sost Custom Station into Pakistan. Official sources told Business Recorder on Monday that Pakistan would get detailed informati
Published 01 Feb, 2005 12:00am
Land for maiden biodiversity park demarcated at Morgah

Land for maiden biodiversity park demarcated at Morgah

The government on Monday demarcated an area of 28 acres for the first ever biodiversity park at Morgah in the outskirts of Rawalpindi at a cost of $155,000 for the preservation of natural beauty and promotion of sustainable livelihoods. It aims at promoti
Published 01 Feb, 2005 12:00am
Foreign expert will arrive on February 2

Foreign expert will arrive on February 2

Dr Terry E. Rives, Director Outcomes, Assessment and Bio-statistical Services, University of Texas, USA, will be arriving here on Tuesday on a 9-day official visit to the University of Health Sciences (UHS), Lahore. During his stay at Lahore, Dr Rives wil
Published 01 Feb, 2005 12:00am
The Weather

The Weather

The weather report on Monday (January 31) and the forecast for Tuesday (February 01, 2005).
Published 01 Feb, 2005 12:00am
World Maritime University honour for Captain Anwar Shah

World Maritime University honour for Captain Anwar Shah

Ministry of Ports and Shipping Director General (Technical Wing) Captain Anwar Shah has been appointed member of the Board of Governors of the World Maritime University, Malmoa, for two years commencing from January 19, 2005 to January 18 2007. Internatio
Published 01 Feb, 2005 12:00am
New York cotton

New York cotton

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

Published 01 Feb, 2005 12:00am
Shaukat for just and equitable solution of Kashmir issue

Shaukat for just and equitable solution of Kashmir issue

Prime Minister Shaukat Aziz has called for a just and equitable solution of the Kashmir problem, in accordance with the wishes and aspirations of the Kashmir people. He was talking to the Chairman of Parliament's Special Committee on Kashmir, Hamid Nasir
Published 01 Feb, 2005 12:00am
New York cotton

New York cotton

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

Published 01 Feb, 2005 12:00am
School cricket tournament

School cricket tournament

Pakistan Cricket Board (PCB) in collaboration with Pepsi Cola International is organising a school cricket tournament, which will start in the third week of March. This tournament will be played on a regional basis in the nine cricket regions of the count
Published 01 Feb, 2005 12:00am
Key stock market movements at 1800 GMT on January 31

Key stock market movements at 1800 GMT on January 31

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 01 Feb, 2005 12:00am
Match venue changed

Match venue changed

As the dates of Expo 2005 in Karachi coincide with the 4-day match between North and South Teams, earlier, scheduled in Karachi from February 3 to 6, 2005, the venue of the match has been changed from National Stadium Karachi to Gaddafi Stadium Lahore due
Published 01 Feb, 2005 12:00am
Expo-2005 to help boost exports: Tasneem

Expo-2005 to help boost exports: Tasneem

The Expo-2005, the largest trade show to be held in Karachi, will provide an opportunity to showcase the country's quality products in an effective fashion and help boost our exports by attracting foreign buyers. "The importers from abroad will not only h
Published 01 Feb, 2005 12:00am
Processing of sales tax refunds through new software, Aptma told

Processing of sales tax refunds through new software, Aptma told

The Central Board of Revenue (CBR) has decided to process sales tax refund claims of the textile units through new software "STREAMS" without issuance of any new notification to clear the backlog. The CBR has conveyed to the All Pakistan Textile Mills Ass
Published 01 Feb, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (January 31, 2005).

Published 01 Feb, 2005 12:00am
Processing of sales tax refunds through new software, Aptma told

Processing of sales tax refunds through new software, Aptma told

The Central Board of Revenue (CBR) has decided to process sales tax refund claims of the textile units through new software "STREAMS" without issuance of any new notification to clear the backlog. The CBR has conveyed to the All Pakistan Textile Mills Ass
Published 01 Feb, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (January 31, 2005).

Published 01 Feb, 2005 12:00am
Ferry service re-launching depends on Pak-India ties: minister

Ferry service re-launching depends on Pak-India ties: minister

Federal Minister for Shipping and Ports, Babar Ghauri has said that re-launching of ferry service from Karachi to Bombay was subject to improvement of bilateral relations between India and Pakistan. Talking to the newsmen at 'Meet the Press' programme her
Published 01 Feb, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (January 31) and for Tuesday (February 01, 2005).
Published 01 Feb, 2005 12:00am
Two witnesses in lady doctor case summoned

Two witnesses in lady doctor case summoned

Justice All Ahmed Khan Lashari Chairman of the Tribunal, inquiring into the alleged rape of a lady doctor at Sui, has issued notices for appearance of Assistant Nurse Mst Sakina wife of Karim Buksh, and PPL Hospital Sui Director Dr Saima Siddiqui wife of
Published 01 Feb, 2005 12:00am
Lahore and Amritsar to be linked with optic fiber: minister

Lahore and Amritsar to be linked with optic fiber: minister

The Pakistan Telecommunication Company Limited (PTCL) is to sign an agreement with Indian companies to lay infrastructure for establishing Optic Fiber Link (OFL) between Lahore and Amritsar, as security agencies has cleared the proposal. Federal Minister
Published 01 Feb, 2005 12:00am
Computerisation in government sector below one percent: Microsoft

Computerisation in government sector below one percent: Microsoft

Microsoft company will launch Urdu office and windows to involve maximum people in the information technology (IT) sector, but the company expressed extreme disappointment that the computerisation in government sector was still below one percent. Country
Published 01 Feb, 2005 12:00am
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