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Print - 2005-03-13
EFU funds rates

EFU funds rates

EFU Life Assu- rance Ltd announced that the Offer and Bid prices for the following funds effective from Monday March 14, 2005:
Published 13 Mar, 2005 12:00am
Afghan warlords blamed for widespread rape

Afghan warlords blamed for widespread rape

Warlords and their private armies are involved in widespread rape, murder and human trafficking in Afghanistan, according to the US-based Human Rights Watch (HRW). In a letter to the UN Commission on Human Rights ahead of a meeting in Geneva next week, HR
Published 13 Mar, 2005 12:00am
EU firm on ending China arms embargo: commissioner

EU firm on ending China arms embargo: commissioner

The European Union is determined to lift its 15-year ban on arms sales to China and does not expect any retaliation from Washington when it does so, a top official said on Saturday. EU External Relations Commissioner Benita Ferrero-Waldner told Reuters in
Published 13 Mar, 2005 12:00am
Europe seeks high-level dialogue with Myanmar

Europe seeks high-level dialogue with Myanmar

The European Union has shifted its policy on Myanmar and is seeking dialogue with its ruling military in a bid to promote reform and human rights, EU External Relations Commissioner Benita Ferrero-Waldner said on Saturday. Europe, along with the United St
Published 13 Mar, 2005 12:00am
Second nurse suspected to have bird flu

Second nurse suspected to have bird flu

A Vietnamese nurse who tended a bird flu patient with a colleague who has since tested positive for the deadly virus has been hospitalised after showing symptoms of the disease, health officials said on Saturday. It was not clear yet if the 41-year-old fe
Published 13 Mar, 2005 12:00am
Egyptian opposition leader released

Egyptian opposition leader released

Egypt ordered the release on bail on Saturday of Ayman Nour, an opposition leader detained since the end of January, the public prosecutor said. Maher Abdel-Wahed told a news conference Nour and five others had been freed on bail of 10,000 Egyptian pounds
Published 13 Mar, 2005 12:00am
Australia's cyclone Ingrid heads for Darwin

Australia's cyclone Ingrid heads for Darwin

Australia's Top End city of Darwin battened down the hatches on Saturday as its worst cyclone threat since Tracy devastated the city 30 years ago tore towards it along the country's northern coast. Cyclone Ingrid, which has been terrorising northern Austr
Published 13 Mar, 2005 12:00am
Election for next Hong Kong leader set for July 10

Election for next Hong Kong leader set for July 10

Hong Kong interim leader Donald Tsang said on Saturday that elections will be held on July 10 to pick the city's next chief executive, following the resignation of unpopular leader Tung Chee-hwa. Tsang also said the territory's next leader will serve for
Published 13 Mar, 2005 12:00am
Ton-up Akmal masterminds Pakistan escape in first Test

Ton-up Akmal masterminds Pakistan escape in first Test

Pakistan found an unlikely saviour in Kamran Akmal to snatch a creditable draw from the jaws of defeat in the opening Test against India here on Saturday. Pakistan faced defeat when they resumed batting on the fifth and final morning as they were 53 ahead
Published 13 Mar, 2005 12:00am
Katich and Gilchrist bat Australia back into Test

Katich and Gilchrist bat Australia back into Test

The first cricket Test between New Zealand and Australia was delicately poised at the end of the third day here on Saturday after a 212-run partnership by centurions Simon Katich and Adam Gilchrist hauled Australia into contention. The Australian innings
Published 13 Mar, 2005 12:00am
Regal Prince century puts South Africa on top

Regal Prince century puts South Africa on top

Ashwell Prince hit a maiden Test century as South Africa took a first innings lead on the second day of the second Test against Zimbabwe at Centurion Park on Saturday. Prince made 101 not out as South Africa reached 380 for six at the close in reply to Zi
Published 13 Mar, 2005 12:00am
'Shoaib to play in one-day ties'

'Shoaib to play in one-day ties'

Chairman, Pakistan Cricket Board (PCB), Shaharyar M. Khan, while dismissing chances of re-calling express bowler Shoaib Akhtar in the ongoing Test series against India said the bowler will be considered for selection provided he proves his fitness. "I kno
Published 13 Mar, 2005 12:00am
Tour de Pakistan

Tour de Pakistan

Iranian rider Sayed Jawad Moosavi retained the leader's yellow jersey by winning Hyderabad to Moro second staged in the 12th Tour de Pakistan International Cycle Race on Saturday, according to information received here. Demonstrated great stamina and phys
Published 13 Mar, 2005 12:00am
Pakistan to clash with India in hockey final

Pakistan to clash with India in hockey final

Pakistan thrashed Japan 7-0 and India beat South Africa 3-0 and both set a showdown in the final of the UBL 4-Nation junior hockey tournament here on Saturday at National stadium. Pakistan riding on a crest of success in the week-long tournament with four
Published 13 Mar, 2005 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 61,928 tonnes of cargo including 36,333 tonnes import and 25,595 tonnes export cargo inclusive of 1,408 containers, during last 24 hours ending at 0700 hours on Saturday. The cargo comprised of 38,819 tonnes dry cargo including 21
Published 13 Mar, 2005 12:00am
China Shipping net profit jumps

China Shipping net profit jumps

China Shipping Container Lines (CSCL), the world's 10th largest container shipper, said on Tuesday that 2004 net profit rose 191 percent, thanks to strong demand for China-made goods and robust world trade. China Shipping, which went public in an IPO last
Published 13 Mar, 2005 12:00am
China Shipping net profit jumps

China Shipping net profit jumps

China Shipping Container Lines (CSCL), the world's 10th largest container shipper, said on Tuesday that 2004 net profit rose 191 percent, thanks to strong demand for China-made goods and robust world trade. China Shipping, which went public in an IPO last
Published 13 Mar, 2005 12:00am
OOIL's net profit more than double

OOIL's net profit more than double

Orient Overseas (International) Ltd (OOIL) said on Thursday it more than doubled its 2004 net profit, as China's growth powered world trade in goods and raw materials. The container ship operator owned by the family of Tung Chee-hwa, who is stepping down
Published 13 Mar, 2005 12:00am
OOIL's net profit more than double

OOIL's net profit more than double

Orient Overseas (International) Ltd (OOIL) said on Thursday it more than doubled its 2004 net profit, as China's growth powered world trade in goods and raw materials. The container ship operator owned by the family of Tung Chee-hwa, who is stepping down
Published 13 Mar, 2005 12:00am
Asian freight rates edged higher

Asian freight rates edged higher

Asian freight rates have edged up this week, buoyed by hopes for new crop shipments from South America as peak harvest season approaches, with firm oil prices also providing support. Spot voyage fixtures for modern panamax rates on the benchmark US Gulf t
Published 13 Mar, 2005 12:00am
Brazilian sugar vessels line-up falls

Brazilian sugar vessels line-up falls

The lineup of vessels waiting to load sugar in Brazil's ports fell to 32 from 33 last week, shipping agent Williams said. It said in a weekly report that 20 vessels were lined up in the southern port of Santos, against 23 last week. At Maceio, in the nort
Published 13 Mar, 2005 12:00am
Chinese container line Cosco sails for HK IPO

Chinese container line Cosco sails for HK IPO

China's top shipping group, China Ocean Shipping (Group) Co (Cosco), plans to float its container shipping arm, the world's seventh largest, in a Hong Kong IPO that is expected to raise more than $1 billion. Hong Kong-listed Cosco Pacific Ltd, which lease
Published 13 Mar, 2005 12:00am
Chinese container line Cosco sails for HK IPO

Chinese container line Cosco sails for HK IPO

China's top shipping group, China Ocean Shipping (Group) Co (Cosco), plans to float its container shipping arm, the world's seventh largest, in a Hong Kong IPO that is expected to raise more than $1 billion. Hong Kong-listed Cosco Pacific Ltd, which lease
Published 13 Mar, 2005 12:00am
A major impediment in FDI

A major impediment in FDI

Prime Minister Shaukat Aziz has established an 11-man committee with the explicit objective of overhauling the country's arbitration laws. Overwhelming evidence points to the urgent need to undertake reforms in this area. Foreign investors, with little co
Published 13 Mar, 2005 12:00am
A realistic energy plan

A realistic energy plan

The Planning Commission's action plan on energy demand, consumption and resources seeks to meet the country's growing needs in short-term, medium-term and long-term. The plan rightly highlights the abundance of energy resources in Pakistan as also of the
Published 13 Mar, 2005 12:00am
Warning of planetary catastrophe

Warning of planetary catastrophe

In 1999 Time Magazine named Peter Raven a "Hero for the Planet." It's a good thing because, as Raven himself tells it, the planet really needs a hero. Raven, the Engelmann Professor of Botany at Washington University in St. Louis and director of the Misso
Published 13 Mar, 2005 12:00am
Meats and fruits consumption

Meats and fruits consumption

Economically speaking, the food consumption pattern the world over is closely linked with income. In affluent countries, the average human diet is made up mostly of high-valued protein products like meat, fruits and vegetables whereas in countries falling
Published 13 Mar, 2005 12:00am
Shah Sulaiman, a brilliant jurist, educationist and scientist

Shah Sulaiman, a brilliant jurist, educationist and scientist

The name of Sir Shah Muhammad Sulaiman occupies a place of pride in the history of Allahabad High Court which he joined as a young barrister in 1912 and left as its Chief Justice in 1937 to assume office as Judge of the Federal Court of India in New Delhi
Published 13 Mar, 2005 12:00am
Mai Kolachi area

Mai Kolachi area

The reply of Captain Mahmoodul Haq, member Managing Committee, Karachi Port Trust Officers Housing Society (KPTOCHS), to my letter "Criminal conspiracy along the Karachi coast" on the subject of the desecration and degradation of the Mai Kolachi area is f
Published 13 Mar, 2005 12:00am
Child beggars

Child beggars

One reads so much in the news media against child labour and child abuse, which is very laudable, if effective steps could be taken to curb it. It is, however, very disturbing to see three-four year old children, in tatters and in an unkempt condition beg
Published 13 Mar, 2005 12:00am
Good governance

Good governance

The "Good governance", promised on 12th October 1999, is raining from the heavens. Rs 30.5 billion are being spent on 40 armour-plated Mercedes with super electronic gadgets to protect our VVIPs. They forget that the late Hariri was blown up in such a Mer
Published 13 Mar, 2005 12:00am
United States of Pakistan

United States of Pakistan

Emphasising the need for provincial autonomy, Muttahida Qaumi Movement chief Altaf Hussain recently said that Pakistan's own survival was at stake, and instead of the federation, the United States of Pakistan should be the new nomenclature for the country
Published 13 Mar, 2005 12:00am
'Stress can lead to high blood pressure and heart diseases'

'Stress can lead to high blood pressure and heart diseases'

"Stress can have a significant effect on the health of the individual. Every place and environment has its specific stressors, and it is impossible to completely avoid them. It is up to us, as individuals, patients, and health care professionals to adjust
Published 13 Mar, 2005 12:00am
PCSIR experts save Rs 3 billion in foreign exchange

PCSIR experts save Rs 3 billion in foreign exchange

Pakistan Council of Scientific and Industrial Research (PCSIR) administered a saving of rupees three billion through independently repairing faulty tools and equipment in different government departments, organisations and industrial units. PCSIR Chairman
Published 13 Mar, 2005 12:00am
29 Guantanamo Bay detainees leave for Pakistan so far: US

29 Guantanamo Bay detainees leave for Pakistan so far: US

US State Department Spokesman Richard Boucher has said that to date, 211 detainees have departed from Guantanamo Bay, 146 of those were transferred for release, and 65 were transferred to the control of host governments for further detention, investigatio
Published 13 Mar, 2005 12:00am
CDGK finalises construction of steel flyovers project

CDGK finalises construction of steel flyovers project

City District Government Karachi (CDGK) has finalised construction of steel flyovers project at 26 busy traffic intersections of the city to cope with traffic-related problems from the metropolis, said City Nazim Karachi Naimatullah Khan on Saturday. Talk
Published 13 Mar, 2005 12:00am
Softec concluding ceremony today

Softec concluding ceremony today

Federal Minister for Information Technology and Telecommunications, Awais Ahmad Khan Leghari will be the chief guest at the concluding ceremony of two-day IT exhibition, Softec being held at National University of Computer and Emerging Sciences here on Su
Published 13 Mar, 2005 12:00am
SPI registers decrease in kitchen items prices

SPI registers decrease in kitchen items prices

The sensitive price indicator (SPI) for the week ended on March 10, for lowest income group up to Rs 3000, has registered 0.12 per cent decrease over the previous week. The SPI for the week under review in the above mentioned group was recorded at 129.51
Published 13 Mar, 2005 12:00am
Italy's help in olive cultivation sought

Italy's help in olive cultivation sought

Federal Food, Agriculture and Livestock Minister Sikandar Hayat Khan Bosan said on Saturday that Pakistan wanted technical assistance from Italy in the field of olive cultivation and for establishing its research centre here. He expressed these views whil
Published 13 Mar, 2005 12:00am
Atta leaves for Cairo

Atta leaves for Cairo

Chairman, Higher Education Commission (HEC), Dr Atta-ur-Rahman will chair the annual conference of Eastern Mediterranean Regional Organisation (EMRO), being held in Cairo, Egypt. Professor Atta-ur-Rahman, who left here for Cairo on Saturday, is the Chairm
Published 13 Mar, 2005 12:00am
Chinese business delegation due on March 14

Chinese business delegation due on March 14

A Chinese business delegation will reach Islamabad on Monday to explore new opportunities for strengthening economic partnership. The delegation, led by Chen Jinhua, President China Enterprise Confederation comprises representatives of Chinese prominent b
Published 13 Mar, 2005 12:00am
Government focusing on promoting alternate energy sources

Government focusing on promoting alternate energy sources

Sindh Governor Dr Ishratul Ibad Khan has said that attainment and promotion of alternate energy sources were among the top priorities of government and added that low cost projects available in this regard were being thoroughly examined. Talking to a Japa
Published 13 Mar, 2005 12:00am
Smeda to set up marble processing and training centre

Smeda to set up marble processing and training centre

Small and Medium Enterprise Development Authority (Smeda) will set up a marble processing and training facility centre at Rawalpindi in collaboration with Export Promotion Bureau to help marble processing and polishing units in the northern Punjab to work
Published 13 Mar, 2005 12:00am
Civil society's role to promote peace with India welcomed

Civil society's role to promote peace with India welcomed

Pakistan welcomes the role of civil society in developing and promoting peaceful relations with India, Prime Minister Shaukat Aziz said here on Saturday. Talking to a delegation of Pakistan Peace Coalition here, the Prime Minister however stated that Paki
Published 13 Mar, 2005 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

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
Published 13 Mar, 2005 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

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
Published 13 Mar, 2005 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Saturday (March 12, 2005).
Published 13 Mar, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on March 05, 2005.

Published 13 Mar, 2005 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on March 05, 2005.

Published 13 Mar, 2005 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
Iron, steel and other metal rates

Iron, steel and other metal rates

Iron, steel and other metal rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
Rates of Pipe Fittings

Rates of Pipe Fittings

Pipe fitting rates in rupees prevailing in the markets in Karachi on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
Rice won't pressurise Musharraf to doff uniform

Rice won't pressurise Musharraf to doff uniform

US Secretary of State Condoleezza Rice suggested on Friday she would not pressurise Pakistan's leader to give up his army post on a visit next week as Washington balanced its push to spread democracy with its need to support anti-terrorism allies. Asked t
Published 13 Mar, 2005 12:00am
Smooth transfer of KESC management to buyer ensured

Smooth transfer of KESC management to buyer ensured

Water and Power Minister Liaquat Ali Jatoi has said that the government will ensure smooth transfer of management of Karachi Electric Supply Corporation (KESC) to its buyer. He was talking to newsmen at the camp office here on Saturday. "We will ensure sm
Published 13 Mar, 2005 12:00am
AEDB to have six private sector members

AEDB to have six private sector members

Prime Minister Shaukat Aziz has directed the Cabinet Division to include six members from private sector in the newly constituted Alternative Energy Development Board (AEDB) for better planning, it is learnt. The Prime Minister had given these directions
Published 13 Mar, 2005 12:00am
AEDB to have six private sector members

AEDB to have six private sector members

Prime Minister Shaukat Aziz has directed the Cabinet Division to include six members from private sector in the newly constituted Alternative Energy Development Board (AEDB) for better planning, it is learnt. The Prime Minister had given these directions
Published 13 Mar, 2005 12:00am
AEDB to have six private sector members

AEDB to have six private sector members

Prime Minister Shaukat Aziz has directed the Cabinet Division to include six members from private sector in the newly constituted Alternative Energy Development Board (AEDB) for better planning, it is learnt. The Prime Minister had given these directions
Published 13 Mar, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (March 12) and for Sunday (March 13, 2005).
Published 13 Mar, 2005 12:00am
President accepts NWFP governor's resignation

President accepts NWFP governor's resignation

President Pervez Musharraf has accepted the resignation of NWFP Governor Iftikhar Hussain Shah who resigned " due to personal reasons". The President has appointed Khalil-ur-Rehman as the new governor of NWFP. While accepting the resignation, the Presiden
Published 13 Mar, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
President accepts NWFP governor's resignation

President accepts NWFP governor's resignation

President Pervez Musharraf has accepted the resignation of NWFP Governor Iftikhar Hussain Shah who resigned " due to personal reasons". The President has appointed Khalil-ur-Rehman as the new governor of NWFP. While accepting the resignation, the Presiden
Published 13 Mar, 2005 12:00am
The Weather

The Weather

The weather report on Saturday (March 12) and the forecast for Sunday (March 13, 2005).
Published 13 Mar, 2005 12:00am
Eight parties for PTCL and 11 for NRL pre-qualified

Eight parties for PTCL and 11 for NRL pre-qualified

The Board of the Privatisation Commission on Saturday approved pre-qualification of eight parties for Pakistan Telecommunication Company Limited (PTCL), and 11 parties for National Refinery Limited (NRL) sell-off. The board met here with Privatisation Min
Published 13 Mar, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
Eight parties for PTCL and 11 for NRL pre-qualified

Eight parties for PTCL and 11 for NRL pre-qualified

The Board of the Privatisation Commission on Saturday approved pre-qualification of eight parties for Pakistan Telecommunication Company Limited (PTCL), and 11 parties for National Refinery Limited (NRL) sell-off. The board met here with Privatisation Min
Published 13 Mar, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (March 12, 2005).

Published 13 Mar, 2005 12:00am
Eight parties for PTCL and 11 for NRL pre-qualified

Eight parties for PTCL and 11 for NRL pre-qualified

The Board of the Privatisation Commission on Saturday approved pre-qualification of eight parties for Pakistan Telecommunication Company Limited (PTCL), and 11 parties for National Refinery Limited (NRL) sell-off. The board met here with Privatisation Min
Published 13 Mar, 2005 12:00am
Businesses demand EU action to boost growth

Businesses demand EU action to boost growth

A leading business group urged European Union leaders on Friday to liberalise economic rules and increase research spending to boost growth in the bloc and prevent it from falling further behind the United States. To drive its point home, the Eurochambres
Published 13 Mar, 2005 12:00am
Reforms put Pakistan on high economic growth path: Prime Minister

Reforms put Pakistan on high economic growth path: Prime Minister

Prime Minister Shaukat Aziz on Saturday said the wide-ranging structural reforms, prudent economic measures, strict financial discipline and continuity of policies had brought macro-economic stability, providing a solid base for the country's rapid econom
Published 13 Mar, 2005 12:00am
PIBs auction on March 26

PIBs auction on March 26

The State Bank on Saturday announced auction for the sale of Pakistan Investment Bonds but set a very low target. The State Bank said that tenders for sale of PIBs for 3, 5, and 10 years would be invited from the Primary Dealers on March 26. The coupon ra
Published 13 Mar, 2005 12:00am
PIBs auction on March 26

PIBs auction on March 26

The State Bank on Saturday announced auction for the sale of Pakistan Investment Bonds but set a very low target. The State Bank said that tenders for sale of PIBs for 3, 5, and 10 years would be invited from the Primary Dealers on March 26. The coupon ra
Published 13 Mar, 2005 12:00am
PIBs auction on March 26

PIBs auction on March 26

The State Bank on Saturday announced auction for the sale of Pakistan Investment Bonds but set a very low target. The State Bank said that tenders for sale of PIBs for 3, 5, and 10 years would be invited from the Primary Dealers on March 26. The coupon ra
Published 13 Mar, 2005 12:00am
Petition against helmet dismissed

Petition against helmet dismissed

The Chief Justice of the Lahore High Court (LHC) Justice Iftikhar Hussain Chaudhry, while dismissing the petition filed by M.D. Tahir advocate against compulsory wearing of helmet, has observed that violation of traffic laws must be checked by the police.
Published 13 Mar, 2005 12:00am
Cotton prices on the rise

Cotton prices on the rise

Cotton prices in the world market has suddenly jumped by 2 to 3 cents per pound which heated the prices in the local market adding at least Rs 200 per maund in a week. The traders say that the American cotton suddenly started moving upwards, as the demand
Published 13 Mar, 2005 12:00am
Cotton prices on the rise

Cotton prices on the rise

Cotton prices in the world market has suddenly jumped by 2 to 3 cents per pound which heated the prices in the local market adding at least Rs 200 per maund in a week. The traders say that the American cotton suddenly started moving upwards, as the demand
Published 13 Mar, 2005 12:00am
German company tax reform possible in 2007: Eichel

German company tax reform possible in 2007: Eichel

German Finance Minister Hans Eichel is working as quickly as possible on a more competitive system of corporate tax but reforms could not take effect before 2007, he was quoted as saying on Saturday. Calls for urgent reforms to Germany's corporate tax sys
Published 13 Mar, 2005 12:00am
Central African Republic prepares to vote for new president

Central African Republic prepares to vote for new president

Voters in the Central African Republic prepared Saturday to vote in the first round of presidential and parliamentary polls deigned to restore legitimacy to the government two years after a military coup. Outgoing president Francois Bozize, an army genera
Published 13 Mar, 2005 12:00am
Defiant Nepal former Prime Minister vows to battle king on the streets

Defiant Nepal former Prime Minister vows to battle king on the streets

Freed from more than a month of detention, Nepal's twice sacked prime minister Sher Bahadur Deuba threatened Saturday to take his supporters on to the streets in a bid to force King Gyanendra to reverse his power grab. "The king should hold dialogue with
Published 13 Mar, 2005 12:00am
Mercedes shakes up team to boost margin

Mercedes shakes up team to boost margin

Daimler Chrysler's premium Mercedes-Benz flagship has stirred up its sales team in a bid to boost its sagging profit margin, German weekly magazine Der Spiegel reported. In a report to be published on Monday, Der Spiegel said Mercedes sales and marketing
Published 13 Mar, 2005 12:00am