AIRLINK 154.88 Increased By ▲ 4.63 (3.08%)
BOP 9.96 Decreased By ▼ -0.16 (-1.58%)
CNERGY 7.33 Decreased By ▼ -0.09 (-1.21%)
CPHL 78.24 Increased By ▲ 7.11 (10%)
FCCL 47.53 Increased By ▲ 1.82 (3.98%)
FFL 14.49 Increased By ▲ 0.15 (1.05%)
FLYNG 40.87 Increased By ▲ 3.72 (10.01%)
HUBC 138.71 Increased By ▲ 0.36 (0.26%)
HUMNL 12.93 Increased By ▲ 0.39 (3.11%)
KEL 4.34 Decreased By ▼ -0.22 (-4.82%)
KOSM 5.16 Increased By ▲ 0.17 (3.41%)
MLCF 75.92 Increased By ▲ 6.27 (9%)
OGDC 218.66 Increased By ▲ 15.65 (7.71%)
PACE 5.23 Decreased By ▼ -0.15 (-2.79%)
PAEL 45.30 Increased By ▲ 1.06 (2.4%)
PIAHCLA 14.80 Increased By ▲ 1.35 (10.04%)
PIBTL 8.64 Increased By ▲ 0.02 (0.23%)
POWER 15.13 Increased By ▲ 0.15 (1%)
PPL 168.03 Increased By ▲ 15.28 (10%)
PRL 29.55 Increased By ▲ 2.53 (9.36%)
PTC 20.13 Increased By ▲ 0.84 (4.35%)
SEARL 82.57 Increased By ▲ 7.51 (10.01%)
SSGC 32.79 Increased By ▲ 2.33 (7.65%)
SYM 14.23 Increased By ▲ 0.28 (2.01%)
TELE 6.99 Increased By ▲ 0.08 (1.16%)
TPLP 8.26 Increased By ▲ 0.26 (3.25%)
TRG 63.29 Increased By ▲ 1.39 (2.25%)
WAVESAPP 9.05 Increased By ▲ 0.11 (1.23%)
WTL 1.26 Decreased By ▼ -0.06 (-4.55%)
YOUW 3.61 Decreased By ▼ -0.12 (-3.22%)
AIRLINK 154.88 Increased By ▲ 4.63 (3.08%)
BOP 9.96 Decreased By ▼ -0.16 (-1.58%)
CNERGY 7.33 Decreased By ▼ -0.09 (-1.21%)
CPHL 78.24 Increased By ▲ 7.11 (10%)
FCCL 47.53 Increased By ▲ 1.82 (3.98%)
FFL 14.49 Increased By ▲ 0.15 (1.05%)
FLYNG 40.87 Increased By ▲ 3.72 (10.01%)
HUBC 138.71 Increased By ▲ 0.36 (0.26%)
HUMNL 12.93 Increased By ▲ 0.39 (3.11%)
KEL 4.34 Decreased By ▼ -0.22 (-4.82%)
KOSM 5.16 Increased By ▲ 0.17 (3.41%)
MLCF 75.92 Increased By ▲ 6.27 (9%)
OGDC 218.66 Increased By ▲ 15.65 (7.71%)
PACE 5.23 Decreased By ▼ -0.15 (-2.79%)
PAEL 45.30 Increased By ▲ 1.06 (2.4%)
PIAHCLA 14.80 Increased By ▲ 1.35 (10.04%)
PIBTL 8.64 Increased By ▲ 0.02 (0.23%)
POWER 15.13 Increased By ▲ 0.15 (1%)
PPL 168.03 Increased By ▲ 15.28 (10%)
PRL 29.55 Increased By ▲ 2.53 (9.36%)
PTC 20.13 Increased By ▲ 0.84 (4.35%)
SEARL 82.57 Increased By ▲ 7.51 (10.01%)
SSGC 32.79 Increased By ▲ 2.33 (7.65%)
SYM 14.23 Increased By ▲ 0.28 (2.01%)
TELE 6.99 Increased By ▲ 0.08 (1.16%)
TPLP 8.26 Increased By ▲ 0.26 (3.25%)
TRG 63.29 Increased By ▲ 1.39 (2.25%)
WAVESAPP 9.05 Increased By ▲ 0.11 (1.23%)
WTL 1.26 Decreased By ▼ -0.06 (-4.55%)
YOUW 3.61 Decreased By ▼ -0.12 (-3.22%)
BR100 12,644 Increased By 241 (1.94%)
BR30 37,293 Increased By 1733.2 (4.87%)
KSE100 118,576 Increased By 1278.2 (1.09%)
KSE30 36,302 Increased By 462.9 (1.29%)
Print - 2005-02-14
Steel tycoons dethrone oil kings

Steel tycoons dethrone oil kings

In the 2004 list of Russia's ever-multiplying billionaires, fortunes made in Russia's least-transparent metal sector have dethroned those made in oil that had until now reigned supreme. Russia's Finans weekly, which this week published the list of Russia'
Published 14 Feb, 2005 12:00am
France Telecom wants to raise Jordan stake

France Telecom wants to raise Jordan stake

France Telecom said on Sunday it wanted to increase its 40 percent share in Jordan's only telecommunications company as the firm eyes further expansion in the Middle East. "We are willing to increase our participation. It is important to continue what we
Published 14 Feb, 2005 12:00am
Insurgents hold Iraq economy hostage

Insurgents hold Iraq economy hostage

Iraqi insurgents have a gun to the head of the country's war-torn economy, according to ministers and experts who are anxiously waiting to embark on major reforms. Daily attacks have put the brake on plans for privatisation, cuts to subsidised food and fu
Published 14 Feb, 2005 12:00am
EADS to buy stake in Irkut

EADS to buy stake in Irkut

European aerospace group EADS has clinched a deal to buy a stake in Russian warplane maker Irkut, a German newspaper reported on Sunday. Tagesspiegel cited German junior economics minister Ditmar Staffelt as saying an agreement had been reached that would
Published 14 Feb, 2005 12:00am
Yen sinks, Australian dollar rises in mixed week for Asian currencies

Yen sinks, Australian dollar rises in mixed week for Asian currencies

Japan's yen fell against the dollar last week on hopes the United States would reduce its budget deficit, while the Australian and New Zealand currencies rose in anticipation of interest rate hikes. Thailand's baht reached its highest level in almost five
Published 14 Feb, 2005 12:00am
Philippines shares to test resistance, sentiment positive

Philippines shares to test resistance, sentiment positive

Philippines share prices are expected to experience a minor correction this week after recent sustained gains to five-year highs but investor confidence overall remains positive, dealers said. They said some profit-taking was only to be expected periodica
Published 14 Feb, 2005 12:00am
Mixed trading expected on Indonesian bourse

Mixed trading expected on Indonesian bourse

Indonesian share prices are expected to trade mixed to higher this week after falling slightly earlier last week, an analyst said. Cement, banks and pharmaceutical stocks will remain attractive for next week, he said. The Jakarta Stock Exchange composite
Published 14 Feb, 2005 12:00am
Japanese stock market seen rising slowly

Japanese stock market seen rising slowly

Japanese share prices are expected to make modest gains this week now that the quarterly results have peaked, easing concerns over possible further profit warnings while a stronger dollar will help exporters, dealers said. They said fourth quarter gross d
Published 14 Feb, 2005 12:00am
Textiles, telecoms and cements push up Cairo shares

Textiles, telecoms and cements push up Cairo shares

Egypt's benchmark index ended up 4.4 percent on Sunday, reversing last week's slide, as investors bought up telecom, bank and cement shares on expectations of strong earnings as results start to be announced, traders said. Among the biggest climbers were
Published 14 Feb, 2005 12:00am
Mergers, Greenspan comments to set US market tone

Mergers, Greenspan comments to set US market tone

US markets will need a fresh dose of merger activity and a clear signal from Federal Reserve Chairman Alan Greenspan about the strength of the economy and the pace of future interest rate hikes to clock gains this week. Oil company stocks that have touche
Published 14 Feb, 2005 12:00am
Indian markets could see record high levels ahead of budget

Indian markets could see record high levels ahead of budget

Indian markets could touch a record high ahead of the federal budget due at the end of February, dealers said. Foreign fund buying picked up this week on hopes of a market-friendly budget. Sentiment has also improved with inflationary pressures easing, gl
Published 14 Feb, 2005 12:00am
Thai stock market expected to consolidate

Thai stock market expected to consolidate

The Thai stock market was expected to consolidate its gains in this week's trading after Prime Minister Thaksin Shinawatra won an unprecedented second term and with little direction coming from overseas, analysts said. "I expect our market will consolidat
Published 14 Feb, 2005 12:00am
Big Brother creator Endemol to list in London

Big Brother creator Endemol to list in London

Endemol, the production company that created the reality TV show Big Brother, is preparing to list on the London Stock Exchange in a flotation worth 2 billion pounds ($3.7 billion), the Financial Sunday Express reported. Endemol, owned by Spanish telecomm
Published 14 Feb, 2005 12:00am
FTSE looks to stay above 5,000 points this week

FTSE looks to stay above 5,000 points this week

British investors will be looking to build on the London FTSE's rise above the psychological 5,000 points barrier this week when several big companies publish results and a batch of economic data is released. The FTSE 100 index of leading London shares cl
Published 14 Feb, 2005 12:00am
Australian shares expected to ease after strong start to year

Australian shares expected to ease after strong start to year

Australian share prices are expected to ease this week after beginning the year with a record-breaking run, dealers said. The benchmark SP/ASX200 index ended the week up 12.5 points or 0.3 percent at 4,174.3, while the broader All Ordinaries closed at up
Published 14 Feb, 2005 12:00am
Singapore shares seen rising on tax cuts, bank earnings

Singapore shares seen rising on tax cuts, bank earnings

Singapore share prices are expected to get a lift this week from an anticipated announcement of tax cuts when the government unveils the national budget, dealers said. Expectations of stronger earnings by two major banks should help bolster sentiment, wit
Published 14 Feb, 2005 12:00am
Platinum profits, GDP to lift South African bourse

Platinum profits, GDP to lift South African bourse

Rising profits from the world's top two platinum producers and sturdy economic growth figures are likely to help the Johannesburg bourse to more record highs this week, traders said. Anglo American Platinum will announce its annual results on Tuesday whil
Published 14 Feb, 2005 12:00am
Egypt interbank rate falls to eight percent

Egypt interbank rate falls to eight percent

The median overnight interbank rate on the Egyptian pound fell to 8 percent on Sunday from 10 percent on Wednesday as demand fell towards the end of a central bank period for calculating banks' reserves, traders said. Rates fell during Sunday's trade as b
Published 14 Feb, 2005 12:00am
Your rupee last week

Your rupee last week

The currency fluctuations took place in foreign exchange rates during the last week (February 07 to February 12, 2005).

Published 14 Feb, 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 Sunday (February 13, 2005).

Published 14 Feb, 2005 12:00am
The Weather

The Weather

The weather report on Sunday (February 13) and the forecast for Monday (February 14, 2005).
Published 14 Feb, 2005 12:00am
Flooding, avalanches kill 365

Flooding, avalanches kill 365

Severe flooding and avalanches have killed around 365 people in the country, officials said on Sunday after a week of torrential rain and heavy snow, while 2,000 others were missing and tens of thousands left homeless. At least 250 people were killed in h
Published 14 Feb, 2005 12:00am
Flooding, avalanches kill 365

Flooding, avalanches kill 365

Severe flooding and avalanches have killed around 365 people in the country, officials said on Sunday after a week of torrential rain and heavy snow, while 2,000 others were missing and tens of thousands left homeless. At least 250 people were killed in h
Published 14 Feb, 2005 12:00am
World Bank team briefed about garment exporters concerns

World Bank team briefed about garment exporters concerns

The duty-free access to Bangladesh in the US and EU markets and subsidy provided to exporters in China are the main irritants for export of garments from Pakistan in the WTO free-trade era. These facts were conveyed to a World Bank study team doing a repo
Published 14 Feb, 2005 12:00am
World Bank team briefed about garment exporters concerns

World Bank team briefed about garment exporters concerns

The duty-free access to Bangladesh in the US and EU markets and subsidy provided to exporters in China are the main irritants for export of garments from Pakistan in the WTO free-trade era. These facts were conveyed to a World Bank study team doing a repo
Published 14 Feb, 2005 12:00am
KSE bull-run continues for 15th week

KSE bull-run continues for 15th week

The stock market for the 15th consecutive week closed on a positive note last week as bullish trend prevailed at nearly all counters because fresh buying spurted from financial institutions and leading investors despite heavy badla volumes and rates. Paki
Published 14 Feb, 2005 12:00am
KSE bull-run continues for 15th week

KSE bull-run continues for 15th week

The stock market for the 15th consecutive week closed on a positive note last week as bullish trend prevailed at nearly all counters because fresh buying spurted from financial institutions and leading investors despite heavy badla volumes and rates. Paki
Published 14 Feb, 2005 12:00am
United Iraqi Alliance wins landmark election

United Iraqi Alliance wins landmark election

Iraq's long-oppressed Shia majority swept to a resounding victory in the country's first free elections in half a century, winning almost half the vote, according to final results released on Sunday. "Today marks the birth of a new Iraq and a free people,
Published 14 Feb, 2005 12:00am
United Iraqi Alliance wins landmark election

United Iraqi Alliance wins landmark election

Iraq's long-oppressed Shia majority swept to a resounding victory in the country's first free elections in half a century, winning almost half the vote, according to final results released on Sunday. "Today marks the birth of a new Iraq and a free people,
Published 14 Feb, 2005 12:00am
Pakistan role in US-Iran conflict discussed

Pakistan role in US-Iran conflict discussed

Federal Information and Broadcasting Minister, Sheikh Rashid declared here on Sunday that Prime Minister Shaukat Aziz was going to visit the Islamic Republic of Iran this month primarily to discuss with the Iranian leadership ways and means of expanding b
Published 14 Feb, 2005 12:00am
Former Guantanamo Bay detainee says he was tortured

Former Guantanamo Bay detainee says he was tortured

Australian former Guantanamo Bay detainee Mamdouh Habib said on Sunday he was beaten and subjected to electric shock torture in Pakistan and Egypt and degraded by US forces in Cuba during his almost three years in detention. Speaking for the first time si
Published 14 Feb, 2005 12:00am
THE RUPEE: mixed trend in money market

THE RUPEE: mixed trend in money market

Importers demand for dollars pushed the rupee down against the greenback in the currency market last week, currency experts said. In the interbank market, the rupee gained two paisa versus the dollar for buying at 59.34. It, however, lost 16 paisa on the
Published 14 Feb, 2005 12:00am
THE RUPEE: mixed trend in money market

THE RUPEE: mixed trend in money market

Importers demand for dollars pushed the rupee down against the greenback in the currency market last week, currency experts said. In the interbank market, the rupee gained two paisa versus the dollar for buying at 59.34. It, however, lost 16 paisa on the
Published 14 Feb, 2005 12:00am
Iran warns US not to 'play with fire'

Iran warns US not to 'play with fire'

Iran warned the United States on Sunday not to attack its nuclear facilities, and said that talks with European nations might produce a deal to defuse the dispute over its alleged ambitions to build atomic weapons. "They know our capabilities. We have cle
Published 14 Feb, 2005 12:00am
Jack Straw due today

Jack Straw due today

Britain's Secretary of State for Foreign and Commonwealth Affairs, Jack Straw, will be visiting Pakistan from February 14 to 16 to hold bilateral consultations with Pakistani officials. In addition to a review of bilateral relations, discussions also woul
Published 14 Feb, 2005 12:00am
Jack Straw due today

Jack Straw due today

Britain's Secretary of State for Foreign and Commonwealth Affairs, Jack Straw, will be visiting Pakistan from February 14 to 16 to hold bilateral consultations with Pakistani officials. In addition to a review of bilateral relations, discussions also woul
Published 14 Feb, 2005 12:00am
Privatisation Commission directed to speed up sell-off process

Privatisation Commission directed to speed up sell-off process

The Cabinet Committee on Privatisation (CCoP) has decided to speed up the process of all transactions, for which the Privatisation Commission (PC) has been directed to pre-qualify Financial Advisers beforehand and maintain their list, sources in PC told <
Published 14 Feb, 2005 12:00am
Privatisation Commission directed to speed up sell-off process

Privatisation Commission directed to speed up sell-off process

The Cabinet Committee on Privatisation (CCoP) has decided to speed up the process of all transactions, for which the Privatisation Commission (PC) has been directed to pre-qualify Financial Advisers beforehand and maintain their list, sources in PC told <
Published 14 Feb, 2005 12:00am
Bond index value falls 0.82 points

Bond index value falls 0.82 points

The Jahangir Siddiqui Pakistan Bond Index (JS PBI) value fell 0.82 points during the week where a sell-off was witnessed in the benchmark 10-year Pakistan Investment Bonds (PIBs) whose yields went up from 7.85 percent to a peak of 8.27 percent causing a d
Published 14 Feb, 2005 12:00am
Bond index value falls 0.82 points

Bond index value falls 0.82 points

The Jahangir Siddiqui Pakistan Bond Index (JS PBI) value fell 0.82 points during the week where a sell-off was witnessed in the benchmark 10-year Pakistan Investment Bonds (PIBs) whose yields went up from 7.85 percent to a peak of 8.27 percent causing a d
Published 14 Feb, 2005 12:00am
Bond index value falls 0.82 points

Bond index value falls 0.82 points

The Jahangir Siddiqui Pakistan Bond Index (JS PBI) value fell 0.82 points during the week where a sell-off was witnessed in the benchmark 10-year Pakistan Investment Bonds (PIBs) whose yields went up from 7.85 percent to a peak of 8.27 percent causing a d
Published 14 Feb, 2005 12:00am
Futures market gaining momentum

Futures market gaining momentum

Future markets, the only derivative market in local stock exchanges, is gaining momentum where increase in investors' awareness and phasing out of badla has played a key role in the development of Stock Futures market at KSE. Mohammad Sohail, director equ
Published 14 Feb, 2005 12:00am
Futures market gaining momentum

Futures market gaining momentum

Future markets, the only derivative market in local stock exchanges, is gaining momentum where increase in investors' awareness and phasing out of badla has played a key role in the development of Stock Futures market at KSE. Mohammad Sohail, director equ
Published 14 Feb, 2005 12:00am
Carryover trade comes down by 40 basis points

Carryover trade comes down by 40 basis points

Average rates for carryover trade came down by 40 basis points to 17.6 percent at the end of last week as against 18 percent of previous week, despite increase in investment. The weighted average rate for rollover trade came down marginally this week unli
Published 14 Feb, 2005 12:00am
Carryover trade comes down by 40 basis points

Carryover trade comes down by 40 basis points

Average rates for carryover trade came down by 40 basis points to 17.6 percent at the end of last week as against 18 percent of previous week, despite increase in investment. The weighted average rate for rollover trade came down marginally this week unli
Published 14 Feb, 2005 12:00am
SBP planning bonds trading on stock market

SBP planning bonds trading on stock market

The State Bank is planning to introduce legal changes in relevant laws in order to start trading of government bonds and securities at stock markets. This amendment would bring retail investors into government bonds and securities trading. It would also h
Published 14 Feb, 2005 12:00am
SBP planning bonds trading on stock market

SBP planning bonds trading on stock market

The State Bank is planning to introduce legal changes in relevant laws in order to start trading of government bonds and securities at stock markets. This amendment would bring retail investors into government bonds and securities trading. It would also h
Published 14 Feb, 2005 12:00am
SBP planning bonds trading on stock market

SBP planning bonds trading on stock market

The State Bank is planning to introduce legal changes in relevant laws in order to start trading of government bonds and securities at stock markets. This amendment would bring retail investors into government bonds and securities trading. It would also h
Published 14 Feb, 2005 12:00am
CBR working hard to achieve Prime Minister's tax policy targets

CBR working hard to achieve Prime Minister's tax policy targets

The Prime Minister has given four major targets to devise a tax-friendly policy and for bringing more people into the tax net during the current fiscal year. Official sources told Business Recorder on Sunday that the targets include: revenue collec
Published 14 Feb, 2005 12:00am
CBR working hard to achieve Prime Minister's tax policy targets

CBR working hard to achieve Prime Minister's tax policy targets

The Prime Minister has given four major targets to devise a tax-friendly policy and for bringing more people into the tax net during the current fiscal year. Official sources told Business Recorder on Sunday that the targets include: revenue collec
Published 14 Feb, 2005 12:00am
Valentine's Day stretches back to erotic festival of Roman times

Valentine's Day stretches back to erotic festival of Roman times

Despite its increasing commercialisation, Valentine's Day is a tradition dating back to Roman times supposedly named after a saint martyred for defying the emperor and marrying couples in secret. But the exact origins of the day and its traditions have be
Published 14 Feb, 2005 12:00am
Fiat board to meet amid reports of General Motors deal

Fiat board to meet amid reports of General Motors deal

Fiat's board is due to meet on Sunday, a source close to the Italian carmaker said, as speculation mounted that it could sign a 1.5-billion-euro ($1.93 billion) deal to settle a lengthy row with US partner General Motors. The source said Fiat's board woul
Published 14 Feb, 2005 12:00am
Top Elf convict Alfred Sirven dead at 78

Top Elf convict Alfred Sirven dead at 78

Alfred Sirven, one of the key figures in the Elf corruption trial in France, died of a heart attack at the age of 78, his lawyers said Sunday. Sirven, former number two at the French oil giant, was sentenced to five years in jail in November 2003 and fine
Published 14 Feb, 2005 12:00am
Pakistan Oilfields half-year profit may touch Rs 1.38 billion

Pakistan Oilfields half-year profit may touch Rs 1.38 billion

Pakistan Oilfields Ltd (POL) is all set to announce its 1H-FY05 result on Monday, February 14, and analysts anticipate that the company would post half-year earnings in the range of Rs 1.34 billion to Rs 1.38 billion--higher compared to last year--on acco
Published 14 Feb, 2005 12:00am
Pakistan Oilfields half-year profit may touch Rs 1.38 billion

Pakistan Oilfields half-year profit may touch Rs 1.38 billion

Pakistan Oilfields Ltd (POL) is all set to announce its 1H-FY05 result on Monday, February 14, and analysts anticipate that the company would post half-year earnings in the range of Rs 1.34 billion to Rs 1.38 billion--higher compared to last year--on acco
Published 14 Feb, 2005 12:00am
Pakistan Oilfields half-year profit may touch Rs 1.38 billion

Pakistan Oilfields half-year profit may touch Rs 1.38 billion

Pakistan Oilfields Ltd (POL) is all set to announce its 1H-FY05 result on Monday, February 14, and analysts anticipate that the company would post half-year earnings in the range of Rs 1.34 billion to Rs 1.38 billion--higher compared to last year--on acco
Published 14 Feb, 2005 12:00am
The Wireless Group to delist its shares

The Wireless Group to delist its shares

British radio company The Wireless Group is set to delist from the London Stock Exchange in a deal worth about 100 million pounds ($187 million), the Sunday Times newspaper reported. The Wireless Group, which owns the TalkSport radio station, may announce
Published 14 Feb, 2005 12:00am
MCB full year profit may go up to Rs 2.5 billion

MCB full year profit may go up to Rs 2.5 billion

Muslim Commercial Bank Ltd is expected to report after-tax profit of Rs 2.5 billion for the year ended December 31, 2004, higher by almost 12 percent compared with last year, because of capital gains and growth in deposits. The board of directors of MCB i
Published 14 Feb, 2005 12:00am
MCB full year profit may go up to Rs 2.5 billion

MCB full year profit may go up to Rs 2.5 billion

Muslim Commercial Bank Ltd is expected to report after-tax profit of Rs 2.5 billion for the year ended December 31, 2004, higher by almost 12 percent compared with last year, because of capital gains and growth in deposits. The board of directors of MCB i
Published 14 Feb, 2005 12:00am
MCB full year profit may go up to Rs 2.5 billion

MCB full year profit may go up to Rs 2.5 billion

Muslim Commercial Bank Ltd is expected to report after-tax profit of Rs 2.5 billion for the year ended December 31, 2004, higher by almost 12 percent compared with last year, because of capital gains and growth in deposits. The board of directors of MCB i
Published 14 Feb, 2005 12:00am
KPT plans to construct deep-draught terminal

KPT plans to construct deep-draught terminal

Karachi Port Trust (KPT) has planned to construct a state-of-the-art new deep-draught terminal in the proximity of its lower harbour to accommodate larger vessels at the port. The cumulative cost of deep-draught terminal, to be constructed at 'Keamari Gro
Published 14 Feb, 2005 12:00am
KPT plans to construct deep-draught terminal

KPT plans to construct deep-draught terminal

Karachi Port Trust (KPT) has planned to construct a state-of-the-art new deep-draught terminal in the proximity of its lower harbour to accommodate larger vessels at the port. The cumulative cost of deep-draught terminal, to be constructed at 'Keamari Gro
Published 14 Feb, 2005 12:00am
'No plan to award more mobile phone licences'

'No plan to award more mobile phone licences'

The government has no plan to award more licences for mobile telephone business, a government spokesman said here on Sunday. He clarified that the impression created in a section of the press attributing the Prime Minister, as having indicated that two mo
Published 14 Feb, 2005 12:00am
'No plan to award more mobile phone licences'

'No plan to award more mobile phone licences'

The government has no plan to award more licences for mobile telephone business, a government spokesman said here on Sunday. He clarified that the impression created in a section of the press attributing the Prime Minister, as having indicated that two mo
Published 14 Feb, 2005 12:00am
Black box of crashed Afghan plane found

Black box of crashed Afghan plane found

A rare break in harsh winter weather allowed Nato troops and crash investigators on Sunday to reach the wreckage of an Afghan airliner that crashed near Kabul 10 days ago with the loss of all 104 passengers and crew. Nato troops landed by helicopter at th
Published 14 Feb, 2005 12:00am
Musharraf asked not to conduct army operation in Balochistan

Musharraf asked not to conduct army operation in Balochistan

Opposition Leader in the National Assembly, Fazlur Rehman, has advised the government not to conduct military operation in Balochistan, and asked President Pervez Musharraf to stop threatening statements on the issue. Talking to newsmen here on Sunday, he
Published 14 Feb, 2005 12:00am
Musharraf asked not to conduct army operation in Balochistan

Musharraf asked not to conduct army operation in Balochistan

Opposition Leader in the National Assembly, Fazlur Rehman, has advised the government not to conduct military operation in Balochistan, and asked President Pervez Musharraf to stop threatening statements on the issue. Talking to newsmen here on Sunday, he
Published 14 Feb, 2005 12:00am
Four killed in Indian occupied Kashmir

Four killed in Indian occupied Kashmir

Four freedom fighters were killed in two separate clashes with Indian occupation troops in the southern districts of Doda and Poonch late Saturday, police said. Four AK assault rifles and some radio sets were recovered from the two sites as well as a larg
Published 14 Feb, 2005 12:00am
Four killed in Indian occupied Kashmir

Four killed in Indian occupied Kashmir

Four freedom fighters were killed in two separate clashes with Indian occupation troops in the southern districts of Doda and Poonch late Saturday, police said. Four AK assault rifles and some radio sets were recovered from the two sites as well as a larg
Published 14 Feb, 2005 12:00am
Ukrainian business leaders hoping for transparency, rule of law

Ukrainian business leaders hoping for transparency, rule of law

Ukrainian business leaders, many of whom backed new President Viktor Yushchenko in disputed elections last year, are hoping he will bring transparency and clear regulations, ending a past marked by murky relationships between politics and business. "Every
Published 14 Feb, 2005 12:00am
Kashmir bus service accord likely during Natwar's visit

Kashmir bus service accord likely during Natwar's visit

During the visit of Indian External Affairs Minister Natwar Singh in Islamabad next week, Pakistan and India may sign an agreement on starting bus service between AJK and occupied Kashmir, diplomatic sources said. President General Pervez Musharraf and Pr
Published 14 Feb, 2005 12:00am
Kashmir bus service accord likely during Natwar's visit

Kashmir bus service accord likely during Natwar's visit

During the visit of Indian External Affairs Minister Natwar Singh in Islamabad next week, Pakistan and India may sign an agreement on starting bus service between AJK and occupied Kashmir, diplomatic sources said. President General Pervez Musharraf and Pr
Published 14 Feb, 2005 12:00am
Gas pipeline blown up?

Gas pipeline blown up?

Unidentified terrorists blew up gas pipeline here on Sunday night, after which gas supply to Gujranwala, Sialkot, Rawalpindi and Gujrat was suspended. The main gas pipeline over Nala Dek near Kalasha Kakoo industrial area, some 20km away from Lahore, burs
Published 14 Feb, 2005 12:00am
Gas pipeline blown up?

Gas pipeline blown up?

Unidentified terrorists blew up gas pipeline here on Sunday night, after which gas supply to Gujranwala, Sialkot, Rawalpindi and Gujrat was suspended. The main gas pipeline over Nala Dek near Kalasha Kakoo industrial area, some 20km away from Lahore, burs
Published 14 Feb, 2005 12:00am
PMA calls for DNA test in Dr Shazia case

PMA calls for DNA test in Dr Shazia case

The Central Executive Council of Pakistan Medical Association (PMA) has demanded of the government to get DNA test report, from abroad, of suspects in Dr Shazia rape case, in order to ensure transparency in the inquiry process. This was decided by the Cou
Published 14 Feb, 2005 12:00am
Epilepsy affects one percent people worldwide: AKUH

Epilepsy affects one percent people worldwide: AKUH

Epilepsy is a common neurologica1 condition that affects one percent of people world-wide. Epilepsy can be confused with other medical and psychiatric conditions 1eading to misdiagnosis and mismanagement, which can in turn increase the physical and emotio
Published 14 Feb, 2005 12:00am
Old vehicles not allowed on Murree Road: Rawalpindi Nazim

Old vehicles not allowed on Murree Road: Rawalpindi Nazim

District government of Rawalpindi city has decided to ban the entry of the old vehicles on Murree Road and other main roads of the city in order to avoid the traffic jams. Taking serious note of the traffic jams on Murree Road and other roads of the city
Published 14 Feb, 2005 12:00am
Country faces shortfall of 5.5 million housing units

Country faces shortfall of 5.5 million housing units

There is a shortfall of 5.5 million housing units across the country and at least 24.8 million housing units are required to cater to a population of 149 million. This was disclosed in a report issued by Human Rights Commission of Pakistan (HRCP) on 'Stat
Published 14 Feb, 2005 12:00am
Supreme Court benches

Supreme Court benches

One full and five division benches have been appointed by Chief Justice Nazim Hussain Siddiqui to sit here during the next judicial week that opens from Monday. The only full bench will be the First Bench that is presided over by the chief justice and inc
Published 14 Feb, 2005 12:00am
HDA advised to check water quality daily

HDA advised to check water quality daily

The Chief Engineer Irrigation Kotri Barrage has advised the management of HDA and Wasa to adopt precautionary measures in treatment of drinking water being supplied to the people of Hyderabad. Talking to press he said this advise was given in view of the
Published 14 Feb, 2005 12:00am
KESC extends relief package date

KESC extends relief package date

The KESC board of directors has extended the date of relief package up to March 31, 2005. A number of KESC consumers were requesting the utility for extending the date of the relief package, which expired on December 31, 2004. Considering their request an
Published 14 Feb, 2005 12:00am
Balochistan chief minister denies huge losses of life in Makran

Balochistan chief minister denies huge losses of life in Makran

Balochistan Chief Minister Jam Yousuf on Sunday denied huge loss of human lives in recent floods in Makran and other parts of the province since February 9 as reported by certain print and electronic media. He was addressing a press conference here on Sun
Published 14 Feb, 2005 12:00am
Lahore High Court benches

Lahore High Court benches

As many as 11 division benches and 24 single benches will work at principal seat of the Lahore High Court (LHC) from the week, commencing from Monday (February 14). According to a notification, the division benches are headed by Justice Chaudhry Ijaz Ahma
Published 14 Feb, 2005 12:00am