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Apr 01, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-02-28
Hong Kong investors look to HSBC, property for market direction

Hong Kong investors look to HSBC, property for market direction

Hong Kong share prices are expected to continue firmer this week but much will depend on a series of upcoming annual results, chief among them from global banking giant HSBC, dealers said. They said the market has had a good run over the past two weeks an
Published 28 Feb, 2005 12:00am
Japan to tighten after-hours trading rules

Japan to tighten after-hours trading rules

Japan's financial regulator wants to change the rules on out-of-hours share trading after a row over a take-over battle for Nippon Broadcasting System Inc (NBS) that involved such trading, the Nihon Keizai Shimbun said on Sunday. Where a company plans to
Published 28 Feb, 2005 12:00am
Australian shares likely to slip further

Australian shares likely to slip further

Australian share prices are expected to ease further this week as investors adjust to the likelihood of the country's first interest rate rise in 15 months, dealers said. They said the market's record-breaking performance may have peaked for the moment bu
Published 28 Feb, 2005 12:00am
Cement: MAPLE LEAF CEMENT FACTORY LIMITED - Year Ended 30-06-2004

Cement: MAPLE LEAF CEMENT FACTORY LIMITED - Year Ended 30-06-2004

During the year under review, the company posted highest-ever profit and recorded high productivity. This enabled the company to bring the turnaround in operating results and thus stakeholders also benefited by its 15 percent cash dividend. The company em
Published 28 Feb, 2005 12:00am
Cement: MAPLE LEAF CEMENT FACTORY LIMITED - Year Ended 30-06-2004

Cement: MAPLE LEAF CEMENT FACTORY LIMITED - Year Ended 30-06-2004

During the year under review, the company posted highest-ever profit and recorded high productivity. This enabled the company to bring the turnaround in operating results and thus stakeholders also benefited by its 15 percent cash dividend. The company em
Published 28 Feb, 2005 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week.(February 21 to February 26, 2005)

Published 28 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 27, 2005).
Published 28 Feb, 2005 12:00am
The Weather

The Weather

The weather report on Sunday (February 27) and the forecast for Monday (February 28, 2005).
Published 28 Feb, 2005 12:00am
10 school children killed as bus falls into ditch

10 school children killed as bus falls into ditch

At least 10 school children died on Sunday and dozens others sustained injuries, some of them serious, when a bus carrying them plunged into a ditch after breaking roadside fence on Motorway near Khewra (Salt Range), police said. The bus packed with child
Published 28 Feb, 2005 12:00am
10 school children killed as bus falls into ditch

10 school children killed as bus falls into ditch

At least 10 school children died on Sunday and dozens others sustained injuries, some of them serious, when a bus carrying them plunged into a ditch after breaking roadside fence on Motorway near Khewra (Salt Range), police said. The bus packed with child
Published 28 Feb, 2005 12:00am
Futures market spreads rise to 46 percent

Futures market spreads rise to 46 percent

The stocks future market is growing fast and brisk activity was witnessed on this counter, increasing the spreads to around 46 percent. While Badla rates are capped at 18 percent, the future market is free of any such restriction. This is why spreads betw
Published 28 Feb, 2005 12:00am
Futures market spreads rise to 46 percent

Futures market spreads rise to 46 percent

The stocks future market is growing fast and brisk activity was witnessed on this counter, increasing the spreads to around 46 percent. While Badla rates are capped at 18 percent, the future market is free of any such restriction. This is why spreads betw
Published 28 Feb, 2005 12:00am
Nusrat Canal breach floods 15 villages

Nusrat Canal breach floods 15 villages

Nusrat Canal was breached by more than 100 ft wide leaving 15 villages inundated and destroying standing crops of various types, near Village Noor Muhammad Rajpur, Padidan, here late on Saturday night. Residents of affected villages saved their lives by r
Published 28 Feb, 2005 12:00am
Mixed trend versus dollar in money market

Mixed trend versus dollar in money market

The rupee managed to hold grip over its movements versus the dollar, but it lost its command on the euro last week due to single European currency's appreciation in the global markets, money experts said. In the interbank market, the rupee moved in the na
Published 28 Feb, 2005 12:00am
Mixed trend versus dollar in money market

Mixed trend versus dollar in money market

The rupee managed to hold grip over its movements versus the dollar, but it lost its command on the euro last week due to single European currency's appreciation in the global markets, money experts said. In the interbank market, the rupee moved in the na
Published 28 Feb, 2005 12:00am
Manmohan hints at delay in Kashmir bus service

Manmohan hints at delay in Kashmir bus service

Indian Prime Minister Manmohan Singh on Sunday said the start of a Kashmir bus service, due to begin on April 7, could be delayed. Singh, on a daylong visit to the region, was speaking in Jammu, after surveying the devastation wrought by avalanches that h
Published 28 Feb, 2005 12:00am
UK to announce Rs 27 billion Pakistan uplift package

UK to announce Rs 27 billion Pakistan uplift package

The United Kingdom is to announce a hefty amount of Rs 27 billion as a development package for Pakistan, a British High Commission press release said on Sunday. According to the release, the announcement would be made during a visit by UK Minister for Int
Published 28 Feb, 2005 12:00am
PPIB fails to agree on advisers for new power projects

PPIB fails to agree on advisers for new power projects

The Private Power Infrastructure Board (PPIB) has failed to develop consensus on the appointment of reputable international advisers to prepare new power projects for international competitive bidding (ICB), sources told Business Recorder. In a rec
Published 28 Feb, 2005 12:00am
PPIB fails to agree on advisers for new power projects

PPIB fails to agree on advisers for new power projects

The Private Power Infrastructure Board (PPIB) has failed to develop consensus on the appointment of reputable international advisers to prepare new power projects for international competitive bidding (ICB), sources told Business Recorder. In a rec
Published 28 Feb, 2005 12:00am
PPIB fails to agree on advisers for new power projects

PPIB fails to agree on advisers for new power projects

The Private Power Infrastructure Board (PPIB) has failed to develop consensus on the appointment of reputable international advisers to prepare new power projects for international competitive bidding (ICB), sources told Business Recorder. In a rec
Published 28 Feb, 2005 12:00am
KSE hits new high

KSE hits new high

The stock market for the seventh consecutive session recorded gain and the index touched another milestone with heavyweights posting tremendous gains, showing immense participation from local investors on the back of healthy corporate earnings. KSE 100 in
Published 28 Feb, 2005 12:00am
KSE hits new high

KSE hits new high

The stock market for the seventh consecutive session recorded gain and the index touched another milestone with heavyweights posting tremendous gains, showing immense participation from local investors on the back of healthy corporate earnings. KSE 100 in
Published 28 Feb, 2005 12:00am
KSE hits new high

KSE hits new high

The stock market for the seventh consecutive session recorded gain and the index touched another milestone with heavyweights posting tremendous gains, showing immense participation from local investors on the back of healthy corporate earnings. KSE 100 in
Published 28 Feb, 2005 12:00am
Bulls hold sway on LSE

Bulls hold sway on LSE

The local share market remained in a bullish frame of mind throughout the past week, mainly on account of staggering buying interest both from institutions and individual investors, which led the index to touch new heights. Sparked by the news on privatis
Published 28 Feb, 2005 12:00am
Bulls hold sway on LSE

Bulls hold sway on LSE

The local share market remained in a bullish frame of mind throughout the past week, mainly on account of staggering buying interest both from institutions and individual investors, which led the index to touch new heights. Sparked by the news on privatis
Published 28 Feb, 2005 12:00am
Fresh rally witnessed on ISE

Fresh rally witnessed on ISE

Islamabad Stock Exchange (ISE) witnessed fresh rally last week, supported by positive news on privatisation and fresh buying in star performer stocks. ISE Chairman Abdul Waheed Jan told Business Recorder on Sunday that upward trend prevailed during
Published 28 Feb, 2005 12:00am
Fresh rally witnessed on ISE

Fresh rally witnessed on ISE

Islamabad Stock Exchange (ISE) witnessed fresh rally last week, supported by positive news on privatisation and fresh buying in star performer stocks. ISE Chairman Abdul Waheed Jan told Business Recorder on Sunday that upward trend prevailed during
Published 28 Feb, 2005 12:00am
Badla rate glued at 18 percent

Badla rate glued at 18 percent

The weighted average badla rate on the Karachi Stock Exchange (KSE) remained glued at 18 percent throughout last week because of unprecedented buying spree, resulting in a spurt in equity prices. The investors during the week received a sudden jolt throug
Published 28 Feb, 2005 12:00am
Badla rate glued at 18 percent

Badla rate glued at 18 percent

The weighted average badla rate on the Karachi Stock Exchange (KSE) remained glued at 18 percent throughout last week because of unprecedented buying spree, resulting in a spurt in equity prices. The investors during the week received a sudden jolt throug
Published 28 Feb, 2005 12:00am
Descartes first edition fetches 78,000 euros

Descartes first edition fetches 78,000 euros

A first edition of French philosopher Rene Descartes' 1637 work "Discourse on Method" was sold Sunday for 78,000 euros (103,000 dollars) at auction in Evreux north-west of Paris. The city's auction house did not reveal the identity of the buyer, who used
Published 28 Feb, 2005 12:00am
Money Week: Commercial banks continue fuelling credit expansion

Money Week: Commercial banks continue fuelling credit expansion

The scenario at about the end of the first half of FY05 called for amends in monetary policy. Inflation had been on the rise. Overall consumer inflation in January 2005 over January 2004 (ie, CPI on a year on year basis) went up by 8.51 percent. Within it
Published 28 Feb, 2005 12:00am
Money Week: Commercial banks continue fuelling credit expansion

Money Week: Commercial banks continue fuelling credit expansion

The scenario at about the end of the first half of FY05 called for amends in monetary policy. Inflation had been on the rise. Overall consumer inflation in January 2005 over January 2004 (ie, CPI on a year on year basis) went up by 8.51 percent. Within it
Published 28 Feb, 2005 12:00am
Money Week: Commercial banks continue fuelling credit expansion

Money Week: Commercial banks continue fuelling credit expansion

The scenario at about the end of the first half of FY05 called for amends in monetary policy. Inflation had been on the rise. Overall consumer inflation in January 2005 over January 2004 (ie, CPI on a year on year basis) went up by 8.51 percent. Within it
Published 28 Feb, 2005 12:00am
Big mills enhance paper prices by 30-35 percent

Big mills enhance paper prices by 30-35 percent

Various paper mills have increased the prices of their products by 30-35 percent during last couple of weeks. The paper mill-owners have also established a pool to produce different grammage of paper so that interest of one paper mill may not clash with o
Published 28 Feb, 2005 12:00am
Big mills enhance paper prices by 30-35 percent

Big mills enhance paper prices by 30-35 percent

Various paper mills have increased the prices of their products by 30-35 percent during last couple of weeks. The paper mill-owners have also established a pool to produce different grammage of paper so that interest of one paper mill may not clash with o
Published 28 Feb, 2005 12:00am
Railways overcomes operational losses, may earn profit

Railways overcomes operational losses, may earn profit

Pakistan Railways has overcome its annual operational losses of Rs 1 billion and may earn some profit by June 2005, after 30 years of chaos, mismanagement, corruption, criminal negligence, highhandedness of politically sponsored unions and unabated politi
Published 28 Feb, 2005 12:00am
Railways overcomes operational losses, may earn profit

Railways overcomes operational losses, may earn profit

Pakistan Railways has overcome its annual operational losses of Rs 1 billion and may earn some profit by June 2005, after 30 years of chaos, mismanagement, corruption, criminal negligence, highhandedness of politically sponsored unions and unabated politi
Published 28 Feb, 2005 12:00am
101 Indian fishermen held

101 Indian fishermen held

Authorities on Sunday arrested 101 Indians for illegally fishing in its territorial waters, officials said. "We have arrested 101 Indian fishermen and seized their 16 boats for violating our maritime zone," Maritime Security Agency spokesman Khawar Hasan
Published 28 Feb, 2005 12:00am
101 Indian fishermen held

101 Indian fishermen held

Authorities on Sunday arrested 101 Indians for illegally fishing in its territorial waters, officials said. "We have arrested 101 Indian fishermen and seized their 16 boats for violating our maritime zone," Maritime Security Agency spokesman Khawar Hasan
Published 28 Feb, 2005 12:00am
Upward trend in SPI continues unabated

Upward trend in SPI continues unabated

The sensitive price indicator (SPI) of 53 daily use items for week ending on February 24 has further inched up to 12.76 percent as compared to corresponding week previous year. The weekly bulletin of Federal Bureau of Statistics (FBS) showed that the doub
Published 28 Feb, 2005 12:00am
Arbab meets Pir Pagara

Arbab meets Pir Pagara

Sindh Chief Minister Dr Arbab Ghulam Rahim called on veteran politician and leader of Muslim League (Functional) Pir Sahib Pagara here on Sunday at Karachi Race Course and discussed with him the political situation of the country. Later, Arbab attended pr
Published 28 Feb, 2005 12:00am
Washington Post report termed 'baseless'

Washington Post report termed 'baseless'

Pakistan has strongly rejected Washington Post report about a meeting 18 years ago between Dr Abdul Qadeer Khan and Iranian officials which resulted in a written offer to supply Iran with the makings of a nuclear weapons programme. Foreign Office spokesma
Published 28 Feb, 2005 12:00am
Education expo inaugurated

Education expo inaugurated

The two-day exhibition, Education Expo-2005, has begun at the Karachi Expo Centre on Sunday. Higher Education Commission (HEC) Chairman Dr Atta-ur-Rehman, while inaugurating the event, said a comprehensive national strategy for development of the country
Published 28 Feb, 2005 12:00am
Corporate cases listed for Supreme Court

Corporate cases listed for Supreme Court

The Supreme Court cases list for the coming judicial week commencing from Monday has some important appeals relating to the national accountability bureau (NAB) and banking and corporate laws. The most important case is an appeal by Shahida Faisal Saleh H
Published 28 Feb, 2005 12:00am
SECP notifies voluntary pension system rules

SECP notifies voluntary pension system rules

The Securities and Exchange Commission of Pakistan (SECP) has finalised the rules for Voluntary Pension System, allowing asset management companies and life insurance companies to act as pension managers, offering annuity plans. According to a release of
Published 28 Feb, 2005 12:00am
Call for consultations before WTO moot

Call for consultations before WTO moot

The WTO experts have feared that developed countries may impose their policy decisions on developing ones in the upcoming WTO mini-ministerial conference starting from March 2 in Kenya. Experts expressed these reservations here on Sunday while speaking at
Published 28 Feb, 2005 12:00am
Wapda to spend Rs 34 billion on network upgradation

Wapda to spend Rs 34 billion on network upgradation

Wapda will spend Rs 34 billion over a period of next five years for rehabilitation and upgradation of its transmission and distribution network, to facilitate its consumers with more stable power supply as well as bring down the system losses up to five p
Published 28 Feb, 2005 12:00am
German investor calls on Prime Minister

German investor calls on Prime Minister

A German investor, Henry Biri, who is the vice-president of Metro Group, called on Prime Minister Shaukat Aziz at Bahtar, Fateh Jhang, after his address to a public meeting there on Sunday. Henry Biri informed Shaukat Aziz that he had been inspired to vis
Published 28 Feb, 2005 12:00am
Government-opposition parleys going on: Rashid

Government-opposition parleys going on: Rashid

Information Minister, Sheikh Rashid on Sunday said government was in constant touch with the opposition. "Contacts with political parties are natural in a democratic set-up and there should be contacts between the government and the opposition, he said wh
Published 28 Feb, 2005 12:00am
Orix Leasing announces six months profit

Orix Leasing announces six months profit

Orix Leasing Pakistan Limited (OLP) announced record profit for the half year to December 31, 2004 and the highest volume of new leases written in six months. The company earned profit before tax of Rs 163 million which is 10.6 percent higher than the cor
Published 28 Feb, 2005 12:00am
Orix Leasing announces six months profit

Orix Leasing announces six months profit

Orix Leasing Pakistan Limited (OLP) announced record profit for the half year to December 31, 2004 and the highest volume of new leases written in six months. The company earned profit before tax of Rs 163 million which is 10.6 percent higher than the cor
Published 28 Feb, 2005 12:00am
Pakistan and Eritrea to promote parliamentary cooperation

Pakistan and Eritrea to promote parliamentary cooperation

The Eritrean President, Isaias Afwerki on Saturday said his country was keen to promote bilateral co-operation with Pakistan and learn from its experience in various fields. "There exists tremendous potential to enhance mutual co-operation and added that
Published 28 Feb, 2005 12:00am
20 held, weapons seized in raids

20 held, weapons seized in raids

The security forces detained 20 people and seized rockets and automatic weapons at the weekend during raids on tribal homes outside the city of Quetta, police officials said on Sunday. Fifteen people were taken into custody on Sunday, while another five w
Published 28 Feb, 2005 12:00am
'Sindh government doing best to improve industrial sector'

'Sindh government doing best to improve industrial sector'

Chairman, Investment and Development Cell of Sindh Chief Minister, Dr Ghausuddin Khan has said that Sindh government was taking all measures on war footing basis to improve industrial sector in both urban and rural areas of the province through national a
Published 28 Feb, 2005 12:00am
NA 127 by-poll held peacefully

NA 127 by-poll held peacefully

The law and order situation on the occasion of by-election in the National Assembly constituency NA-127 remained peaceful here on Sunday. Senior Superintendent Police (Operations) Aftab Ahmad Cheema while talking to APP here said he along with other senio
Published 28 Feb, 2005 12:00am
Sindh to expand industrial area in Nooriabad

Sindh to expand industrial area in Nooriabad

Sindh Governor, Dr Ishrat-ul-Ibad Khan has said that 5,000 acres of land is being acquired in Nooriabad industrial estate for more industries. Talking to a delegation of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday, he said
Published 28 Feb, 2005 12:00am
Redtone to offer phone services at 50 percent cheaper rates

Redtone to offer phone services at 50 percent cheaper rates

The forthcoming telecom operator, Redtone Pakistan, on Sunday hinted provision of services at 50 percent cheaper rates following the launch of its operations in the country from April this year. Now the domestic and international calls in Pakistan would b
Published 28 Feb, 2005 12:00am
Cotton prices appear strong on local and export markets

Cotton prices appear strong on local and export markets

On the basis of latest cotton arrivals, hope for producing a bumper cotton crop of no less than 14.5 million 170-Kg bales against earlier estimates of 15.0 million bales, is fading and final figures may touch the level of 14.5 million bales. In the fortni
Published 28 Feb, 2005 12:00am
Cotton prices appear strong on local and export markets

Cotton prices appear strong on local and export markets

On the basis of latest cotton arrivals, hope for producing a bumper cotton crop of no less than 14.5 million 170-Kg bales against earlier estimates of 15.0 million bales, is fading and final figures may touch the level of 14.5 million bales. In the fortni
Published 28 Feb, 2005 12:00am
Call to form vigilance bodies

Call to form vigilance bodies

Punjab Chief Minister Chaudhry Pervaiz Elahi should issue a notification for the formation of the Vigilance Committees in districts under the Bonded Labour System (Abolition) Act 1992 and Rules 1995. Jawad Aslam of Society for the Protection of the Rights
Published 28 Feb, 2005 12:00am
Grains, seeds trade remains in low key

Grains, seeds trade remains in low key

Trading in wholesale commodities depicted low going where price variations were modest to low as supplies of some items bettered during the week ended on February 26, 2005. However tea prices are likely to gain subject to Kenyan decision to raise import d
Published 28 Feb, 2005 12:00am
Zaigham Rizvi takes charge as HBFC chief

Zaigham Rizvi takes charge as HBFC chief

Zaigham Mahmood Rizvi has been appointed by the government as Chairman/ Managing Director of House Building Finance Corporation (HBFC). Rizvi brings with him rich experience of development banking, having served in various financial institutions, both at
Published 28 Feb, 2005 12:00am
Overall increase seen in cotton prices

Overall increase seen in cotton prices

Presumed enhanced world cotton consumption and locally phutti and quality lots are becoming scarcer are signalling that bulls may take the market by storm, relevant sources commented on trading during the week-ended on Saturday (February 24, 2005). Howeve
Published 28 Feb, 2005 12:00am
Free medical camp in Kohat

Free medical camp in Kohat

Begum Shamim Iftikhar, wife of NWFP Governor, arranged a day long free medical camp in collaboration with the Social Welfare Society of Khyber Medical College, which is also known as the Youth Wing of Pakistan Red Crescent Society in Tora Stana area of Di
Published 28 Feb, 2005 12:00am
Trains schedule

Trains schedule

The Pakistan Railways has changed the schedule and stations of cancelled trains and also restored the Rohi Express. Announcing the schedule here on Saturday, PR Rawalpindi divisional superintendent Ashfaq Khattak said people should contact their nearest s
Published 28 Feb, 2005 12:00am
'Punjab giving top priority to promotion of education'

'Punjab giving top priority to promotion of education'

Agriculture Secretary Punjab, Fayyaz Bashir said that the provincial government is giving the highest priority to promotion of education especially technology development in the Agriculture Sector, while the process of reorganising and strengthening Agric
Published 28 Feb, 2005 12:00am
Adequate efforts being made for oil and gas discovery: minister

Adequate efforts being made for oil and gas discovery: minister

The State Minister for Petroleum and Natural Resources, Mir Muhammad Nasir Mengal has said that adequate efforts are being made for searching new reservoirs of oil and gas in the country. Talking to Business Recorder at the residence of Dr Firdous
Published 28 Feb, 2005 12:00am
Call to make anti-polio drive successful

Call to make anti-polio drive successful

District Co-ordination Officer (DCO) Larkana Abdul Razaque Qureshi has appealed to the people of Larkana as well as NGOs, social workers, elected representatives, scouts to come forward and put in every effort to make the anti-polio campaign a success. Pr
Published 28 Feb, 2005 12:00am
Government benefits miners' families

Government benefits miners' families

The government is taking effective steps for the welfare of miners and all possible education and healthcare facilities have provided to the miners and their families during the last two years. These facilities include free of cost treatment, administrati
Published 28 Feb, 2005 12:00am
SNGPL utilising Rs eight billion on various projects

SNGPL utilising Rs eight billion on various projects

Managing Director Sui Northern Gas Pipeline Ltd Abdul Rashid Loan said the Sui Northern Gas Pipeline is utilising more than Rs 8 billion during the current fiscal period on the accomplishment of various development projects in the country. The SNGPL was m
Published 28 Feb, 2005 12:00am
Ring road survey to be completed shortly

Ring road survey to be completed shortly

The RDA survey for the construction of a 28-km-long Ring Road in the city is likely to be completed within a month. The survey has been conducted by a Rawalpindi Development Authority (RDA) whereas the alignment of the road would be finalised soon, said t
Published 28 Feb, 2005 12:00am
India in for a big shock: Inzamam

India in for a big shock: Inzamam

Pakistan captain Inzamamul Haq has fired the first salvo ahead of an away cricket series against India, saying his young team could spring a big surprise on the hosts. The Inzamam-led side was at the receiving end a year ago when India clinched both the T
Published 28 Feb, 2005 12:00am
Not easy to spot winners in India-Pakistan cricket series

Not easy to spot winners in India-Pakistan cricket series

Never make the mistake of predicting a winner in an India-Pakistan contest, cricket experts have warned ahead of the high-profile series between the arch-rivals. Opinions are already divided, with some claiming India will complete a 3-0 whitewash on the s
Published 28 Feb, 2005 12:00am
Lee warned lawsuits beckon if beamers continue

Lee warned lawsuits beckon if beamers continue

New Zealand cricket coach John Bracewell warned on Sunday that Australian speedster Brett Lee risked being taken to court if he continued to fire down beamers. Bracewell was irked by Lee's waist-high full toss to Brendon McCullum in the third one-day inte
Published 28 Feb, 2005 12:00am
Toms and DiMarco make it all-American Match Play final

Toms and DiMarco make it all-American Match Play final

David Toms and Chris DiMarco posted semi-final victories here on Saturday to book an all-American final at the 7.5 million-dollar World Golf Championships Match Play Championship. Toms built a lead over England's Ian Poulter with eagles at the 10th and 11
Published 28 Feb, 2005 12:00am
Deflated Kiwis dump Tuffey from series

Deflated Kiwis dump Tuffey from series

Struggling paceman Daryl Tuffey has been made the scapegoat for New Zealand's ineffective opposition to Australia in the one-day cricket series, being dropped for the fourth match on Tuesday along with injured batsman Michael Papps. International newcomer
Published 28 Feb, 2005 12:00am
Energy action plan

Energy action plan

President General Pervez Musharraf and Prime Minister Shaukat Aziz have approved an action plan to meet Pakistan's growing energy requirements in the immediate, medium-and long-term perspectives. After a presentation on an 'Energy Security Action Plan' th
Published 28 Feb, 2005 12:00am
Marble industry in focus

Marble industry in focus

According to a report from Lahore, acting on the advice of Federal Industries Minister Jehangir Tareen, the Small and Medium Enterprises Development Authority has accelerated the process of initiation of the pilot projects for the development of marble in
Published 28 Feb, 2005 12:00am
Opposition's feet of clay!

Opposition's feet of clay!

Opposition has been at the receiving end in this country. Every government in Pakistan, democratic or military, has imprisoned them, hounded them, and harassed them and when in benign mood ignored them. The recent examples of State terrorism on the opposi
Published 28 Feb, 2005 12:00am
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