Faiq Javed, Chairman Pakistan Textile Exporters Association (PTEA) has hailed the special procedure for delivery of goods and services without payment of sales tax being enforced by central board of revenue (CBR). Briefing the executive members here on Th
The activities of Sindh Coal Authority Board (Scab), restructuring and requirement of staff, budgetary allocations, appointment of Director General, schemes proposed in the 2005-06 annual development plan (ADP) and five-year plan from 2005-10 discussed at
Pakistan direly needs to build new water reservoirs to overcome Pakistan needs water shortage in the country, said former Wapda chairman Shams-ul-Mulk on Thursday. "Pakistan has no choice but to build all available water resources to meet water shortage"
Pakistan Standards and Quality Control Authority (PSQCA) has issued licences in favour of companies authorised to manufacture products as per relevant to Pakistan standards.
The Prime Minister Shaukat Aziz on Thursday described as unfortunate the postponement of the 13th summit of the seven-nation South Asian Association for Regional Co-operation (Saarc). The February 6-7 South Asian Association for Regional Co-operation summ
Motorway police will launch Global Positioning System (GPS) next month to monitor positions of its mobile units and ambulances patrolling on the motorway. This was stated by Deputy Inspector General, Motorway central N-5, Dr Wasim Kausar while talking to
Former adviser to Chief Minister Punjab, during 1994, Mian Mohammad Rasheed, has been arrested by National Accountability Bureau (NAB) Punjab on charges of corruption and corrupt practices as defined under National Accountability Ordinance 1999. The accus
The Ikebana exhibition of the 65th batch of the Ikebana classes will be held at a local hotel on February 4. This was announced by the Japan Cultural Centre of the Consulate General of Japan in Karachi. It said that a certificate awarding ceremony would a
Chairman of Standing Committee for Petroleum Syed Dilawar Abbas on Thursday said the international increase in petroleum products have been passed on in the country under a set formula. Speaking in a PTV programme, he said that Oil Companies Advisory Comm
Pakistan Association of Urological Surgeons (PAUS) is holding first-ever three-day international conference on urology in the provincial metropolis from February 7 to 9, in which 1,000 urologists from within and outside the country would take part. Chairm
Condemning the hike in diesel and petrol prices, the leaders of National Transport Ittehad (NIT), Karachi, have threatened to discontinue their business. An association of 18 transport organisations, in a statement on Thursday asked the government to make
Foreign Office Spokesman Masood Khan on Thursday while terming the agenda of postponed 13th Saarc conference 'of great importance' said it was prepared keeping in view the need of the hour. Regional co-operation in poverty alleviation, trade, energy, info
Salahuddin Haider, Advisor to the Sindh Chief Minister, has emphasised the role played by the periodicals in disseminating awareness and enlightenment in the society and assured that the government of Sindh would put best efforts to address their problems
Pakistan has invited investors of the Chinese province of Yunnan to invest in fertiliser and copper downstream industries in the country. The offer was made by Javed Ilyas of Pakistan-China Business Council at a seminar held to introduce the economic and
Australian High Commissioner Zoraka Makasi called on Federal Minister for Industries, Production and Special Initiatives Jehangir Khan Tareen here on Thursday and discussed avenues for extending bilateral relations between the two countries. Both agreed t
Azad Jammu and Kashmir (AJ&K) Chief Justice Chaudhry Riaz Akhtar has said that procedure has been simplified in AJ&K for approaching the law courts for justice. While addressing the members of the Lahore High Court Bar Association (LHCBA) here on Wednesda
Tajikistan government would extend all out co-operation to those Pakistanis who intend to do business there, and Tajikistan government is holding a 'Made in Pakistan' exhibition in Khujand region in April this year to promote Pakistani products. Sughd reg
The NWFP Science & Technology and Information Technology Department has formally launched Online Hospital Management from the Lady Reading Hospital Peshawar, Online Litigation Management and Case Tracking System of Service Tribunal Peshawar and computeris
Pakistan Sugar Mills Association (PSMA), Punjab Zone, Chairman, Mian Shahid Shafi has demanded of the government to release TCP buffer stocks so as to check sugar price hike. In a statement here on Thursday, Shafi said that sugar industry has sold 50 perc
About eighty percent women in Pakistan have poor living status and to pull them out of that poverty a lot of governmental and private development work is needed. Sindh Minister for Women Development, Dr Saeeda Malik stated this at a press conference held
The hearing into several hundred appeals against an amendment in the Punjab Property Act changing the system for its pricing each year was carried over because of lack of time for the Supreme Court here on Thursday. The cases were listed before the Second
The Advisor to Chief Minister Punjab, Sadia Shehzad Chaudhry has said that proper and effective implementation of chief minister's education sector reforms programme (ESRP) has resulted in restoring the confidence of people in government schools and in in
In its first corporate social report in 57 years of operations, the Pakistan Tobacco Company claimed here on Thursday that it was the "largest excise tax generator in the country, paying nearly Rs 50 million per working day. Over one million Pakistanis, t
The Karachi Port Trust (KPT) has clarified a news items published in 'Business Recorder' titled "NLC likely to install modern scanning system at all ports," in the issue of January 27(Thursday). The KPT in a press release has clarified that: "The contents
President General Pervez Musharraf has sold the rights to his political memoir, which will feature his views on the US war on terrorism and the Bush administration, to Simon & Schuster imprint Free Press, the publisher said on Wednesday. Musharraf, a key
The NWFP assembly on Thursday passed four identical resolutions with majority vote demanding of the federal government to restore religious column in the national passport. The four identical resolutions were moved by Deputy Speaker, Ikramullah Shahid, Qa
The Chief Justice of Lahore High Court (LHC) has dismissed Assistant Registrar Mubarak Ali Bhatti on the charges of gross negligence. D&SJ/Member Inspection Team Muhammad Khalid Chaudhry had conducted an inquiry against him and held that the charge stood
Opposition nationalist senators on Thursday called for pullout of the army from Dera Bugti and Sui area prior to dialogue with the government on the Balochistan situation. The senators singled out the Centre's utter disregard to the Constitution and the l
Trading Corporation of Pakistan (TCP) has suggested China National Cotton Group Corporation (CNCGC) Beijing to purchase cotton through tenders or on government-to-government basis. This suggestion was made by Chairman TCP Syed Masood Alam Rizvi during a m
The NWFP Assembly on Thursday admitted an adjournment motion to debate on the holding of dual offices of the President and Chief of Army Staff (COAS) by the President General Pervez Musharraf, and declaration of the President on December 30. The adjournme
Expressing satisfaction over the conducive environment for investors, IBM has announced to increase its business activities in Pakistan. The assurance was made by Carlos da Silva, Director Operations, IBM Central Europe, Middle East & Africa during a meet
Abacus International and Indian Airlines have signed an agreement giving the GDS access to all Indian airlines domestic fares, said a press release issued here on Wednesday. "With this agreement, we look forward to building on that relationship and helpin
Preparations in connection with the annual 'Jashan-e-Baharan' festival are in full swing in the provincial metropolis. Tourism Development Corporation Punjab and Ravi Town Lahore, in collaboration with Punjab Horticulture Authority (PHA), are givin
The proceedings in the Senate on Thursday were almost exclusively devoted to the situation in Balochistan, and one person who dominated the debate in the House was Sanaullah Baloch. Such was the spellbinding presentation of the nationalists' case against
Prime Minister Shaukat Aziz declared here on Thursday night that Pakistan today is not that of yesterday but the Pakistan of tomorrow. "We are rebranding Pakistan to reflect its true value and potential to the world and the country is set to attain the gr
Bangladesh may be the potential threat for Pakistan, in case Islamabad has to pay 12 percent duty by staying out of Generalised System of Preferences (GSP) plus regime with the European Union (EU) operative from April 2005. In case Bangladesh invested in
The ministry of information technology and telecommunication has prepared draft bills on 'data protection act and e-crimes' which would be tabled before the federal cabinet next month for approval. Pakistan is going to establish fiber optic link with Indi
Federal Minister for Water and Power, Liaquat Ali Jatoi has directed the Islamabad Electric Supply Company (Iesco) to recover Rs 1900 million outstanding dues from the dead defaulters including Ministry of Defence and AJK Government. Strict action should
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Thursday (February 03, 2005).
Federal Minister for Petroleum and Natural Resources, Amanullah Khan Jadoon has said the government can consider to cap oil prices once again, if the prices of the commodity continues to surge in the international market abruptly. Talking to Business R
Under President Musharraf and Prime Minister Shaukat Aziz Pakistan has achieved remarkable turnaround in its economic and fiscal situation. This was reported by Adam Harper of the Asian Review who interviewed Dr Ashfaq Hassan Khan Director General Pakista
Pakistan strictly adheres to the principles of non-intervention and non-interference in the internal affairs of Nepal and would continue to support unity, sovereignty, territorial integrity and political independence of the Kingdom of Nepal. These views w
Pakistan strictly adheres to the principles of non-intervention and non-interference in the internal affairs of Nepal and would continue to support unity, sovereignty, territorial integrity and political independence of the Kingdom of Nepal. These views w
Fifty-three people were killed in central India on Thursday when a train collided with a tractor pulling a trailer that was crammed with people returning from a wedding, police said. "Fifty-three people have died. We fear the death toll could go up," said
Fifty-three people were killed in central India on Thursday when a train collided with a tractor pulling a trailer that was crammed with people returning from a wedding, police said. "Fifty-three people have died. We fear the death toll could go up," said
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
The issue of F-16 fighter jets is an important issue but it will be dealt at right time, said Douglas Faith, US Under-secretary on Defence Policy here on Thursday. He was addressing a joint press conference here in ministry of defence along with Defence S
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
The issue of F-16 fighter jets is an important issue but it will be dealt at right time, said Douglas Faith, US Under-secretary on Defence Policy here on Thursday. He was addressing a joint press conference here in ministry of defence along with Defence S
Karachi Chamber of Commerce & Industry (KCCI) president Khalid Feroz signed seven Memorandums of Understanding (MoUs) with seven countries and held meetings on bilateral relations with delegations of various countries on Thursday at the second day of Expo
Karachi Chamber of Commerce & Industry (KCCI) president Khalid Feroz signed seven Memorandums of Understanding (MoUs) with seven countries and held meetings on bilateral relations with delegations of various countries on Thursday at the second day of Expo
The Central Board of Revenue (CBR) has reduced duty drawback rates on the export of items/products exported by 10 leading sectors, including manufacturers of biscuits/candies, clocks, detergent, insulators, shaving blades manufacturers and most of the rat
Hard red winter wheat spot basis bids in the US Plains were steady to mixed Thursday, with wheat movement reported routine to slow, merchants said. The basis in Catoosa, Oklahoma, was 1 cent a bushel weaker, while Gulf CIF values climbed back 2 cents a bu
The Central Board of Revenue (CBR) has reduced duty drawback rates on the export of items/products exported by 10 leading sectors, including manufacturers of biscuits/candies, clocks, detergent, insulators, shaving blades manufacturers and most of the rat