AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 10,010 Increased By 126.5 (1.28%)
BR30 31,023 Increased By 422.5 (1.38%)
KSE100 94,192 Increased By 836.5 (0.9%)
KSE30 29,201 Increased By 270.2 (0.93%)
Nov 14, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-03-18
Nepal rules out talks with Maoists

Nepal rules out talks with Maoists

Nepal's royal-appointed government Thursday ruled out holding peace talks with Maoists unless they first lay down their arms and abandon violence. "I don't agree to sit across the negotiating table with the Maoists unless they lay down their arms and stop
Published 18 Mar, 2005 12:00am
Sudan imposes ban on US diplomats

Sudan imposes ban on US diplomats

Sudan imposed restrictions on the movement of US diplomats Thursday, in what it said was retaliation for similar measures ordered by Washington. Foreign Minister Mustafa Osman Ismail said US diplomats would in future be required to obtain prior authorisat
Published 18 Mar, 2005 12:00am
Rice praises Afghan people: blast kills five

Rice praises Afghan people: blast kills five

US Secretary of State Condoleezza Rice praised the Afghan people as an inspiration to the world for emerging from decades of turmoil and embarking on the road to democracy, as a bomb blast in the birthplace of the ousted Taleban regime killed five people.
Published 18 Mar, 2005 12:00am
Russia to launch nuclear and diesel submarines

Russia to launch nuclear and diesel submarines

Russia will soon bring into service two new submarines, one nuclear and one diesel, the navy said Thursday. The nuclear-powered Dmitry Donskoi is a fourth generation, strategic missile launching submarine of the 941 "Akula" class, a navy spokesperson told
Published 18 Mar, 2005 12:00am
Israel charges Vanunu

Israel charges Vanunu

Israeli authorities charged nuclear whistleblower Mordechai Vanunu on Thursday with violating the terms of his release by speaking to reporters and trying to visit the West Bank, judicial officials said. "They can charge me 50 times if they want. I will c
Published 18 Mar, 2005 12:00am
Syria withdraws up to 6,000 troops from Lebanon

Syria withdraws up to 6,000 troops from Lebanon

Syria completed the first phase of its troop pullout from Lebanon on Thursday, bringing Damascus closer to meeting US and Lebanese opposition demands that it quit the neighbour it has dominated for three decades. A Lebanese security source said 4,000 to 6
Published 18 Mar, 2005 12:00am
Sharon calls truce deal 'positive first step'

Sharon calls truce deal 'positive first step'

Prime Minister Ariel Sharon welcomed on Thursday an agreement by Palestinian groups to a conditional halt on attacks on Israel but said the militant factions must eventually be disarmed in the interests of peace. Sharon's office said the prime minister to
Published 18 Mar, 2005 12:00am
Palestinian groups agree conditional truce

Palestinian groups agree conditional truce

Palestinian groups agreed on Thursday to an open-ended halt to attacks on Israel as long as certain conditions are met. The agreement strengthens President Mahmoud Abbas's hand in trying to persuade the Jewish state to free more Palestinians and hand back
Published 18 Mar, 2005 12:00am
Sterling falls versus dollar

Sterling falls versus dollar

Sterling fell against the dollar but rose against the euro on Thursday as eagerly-awaited figures on British retail sales were overshadowed by the greenback's broad-based recovery. British retail sales rose 0.2 percent last month, as expected, but back re
Published 18 Mar, 2005 12:00am
Dollar recovers in London trade

Dollar recovers in London trade

The dollar inched higher against the euro on Thursday, as players squared positions after a steep fall in the previous session on data showing a record US current account deficit. The dollar rose modestly as investors took profits in high-yielding currenc
Published 18 Mar, 2005 12:00am
Indian stocks tumble

Indian stocks tumble

Indian shares tumbled more than 1 percent on Thursday and government bonds slid to nearly six-week lows as US crude oil prices surged to record highs above $57 a barrel. The benchmark 30-share Mumbai index closed 1.15 percent lower at 6,669.52 points, its
Published 18 Mar, 2005 12:00am
US Stocks: Thursday's unofficial close

US Stocks: Thursday's unofficial close

US stocks rose slightly on Thursday as high oil prices boosted energy stocks, while media shares got a lift after Viacom Inc said it is considering splitting into two separate companies. Viacom rose about 3.3 percent to $37.20. Also, Time Warner Inc, the
Published 18 Mar, 2005 12:00am
Bonds: Fallout from General Motors warning continues; new deals hit

Bonds: Fallout from General Motors warning continues; new deals hit

The European corporate bond market took another pounding on Thursday in the wake of General Motors' profit warning, with Portugal Telecom and French media company Vivendi Universal forced to revise planned new issues. GM, the world's biggest auto maker, a
Published 18 Mar, 2005 12:00am
Bonds: Fallout from General Motors warning continues; new deals hit

Bonds: Fallout from General Motors warning continues; new deals hit

The European corporate bond market took another pounding on Thursday in the wake of General Motors' profit warning, with Portugal Telecom and French media company Vivendi Universal forced to revise planned new issues. GM, the world's biggest auto maker, a
Published 18 Mar, 2005 12:00am
UK's top share index dips on oil rise, Morrison warning

UK's top share index dips on oil rise, Morrison warning

Britain's FTSE 100 index closed lower on Thursday, overshadowed for a second session by sky-high oil prices, while supermarkets group Morrison approached a five-month low after it issued a profit warning. The grocery chain's shares fell 2.6 percent after
Published 18 Mar, 2005 12:00am
EU keeps wheat export award low

EU keeps wheat export award low

The European Commission awarded wheat subsidies at a maximum of 8.94 euros ($12.01) a tonne on Thursday, granting licences for 74,000 tonnes, short of exporters' hopes. The relatively low subsidy award comes after several weeks of steady increases in the
Published 18 Mar, 2005 12:00am
Brazilian farmers to sow legal GMO soya

Brazilian farmers to sow legal GMO soya

Most soyabean farmers in Brazil say they plan to sow legal genetically modified soyabeans for the first time next crop, despite public and private resistance to "Frankenstein" foods. Brazil's lower house of Congress awarded victory to farmers and seed pro
Published 18 Mar, 2005 12:00am
World oil sets new price high over $57

World oil sets new price high over $57

Oil prices scaled fresh highs Thursday, forcing Opec to consider a second output increase a day after its decision to raise supplies failed to halt crude's record-breaking advance. US light crude set a record of $57.60 a barrel on the New York Mercantile
Published 18 Mar, 2005 12:00am
World oil sets new price high over $57

World oil sets new price high over $57

Oil prices scaled fresh highs Thursday, forcing Opec to consider a second output increase a day after its decision to raise supplies failed to halt crude's record-breaking advance. US light crude set a record of $57.60 a barrel on the New York Mercantile
Published 18 Mar, 2005 12:00am
London sugar ends slightly lower

London sugar ends slightly lower

London white sugar futures closed slightly lower on Thursday after speculative selling just outweighed earlier trade-driven gains, and dealers said they did not expect prices to break out of the current range soon. Liffe's front-month May settled down 10
Published 18 Mar, 2005 12:00am
New York cotton settles down

New York cotton settles down

Cotton futures crumbled from speculative liquidation to finish sharply lower Thursday and the market may see further losses because a rally that lifted fibre contracts to a nine-month high is overdone, analysts said. "Today is the first bloodletting of th
Published 18 Mar, 2005 12:00am
Liffe cocoa edges up

Liffe cocoa edges up

London's cocoa market made limited gains on Thursday with benchmark prices touching a fresh four-month contract peak but traders said a concerted drive higher was unlikely till large speculators re-enter the market. Liffe's benchmark May closed up two pou
Published 18 Mar, 2005 12:00am
Zinc prices lower across the board

Zinc prices lower across the board

Technical selling in London Metal Exchange (LME) zinc on Thursday afternoon spread to the rest of the complex, with prices lower across the board by the close, traders said. "Zinc has led the pitch. People were taking profits this morning. It's been happe
Published 18 Mar, 2005 12:00am
Gold stumbles in Europe, finds buying

Gold stumbles in Europe, finds buying

Gold prices fell sharply in Europe on Thursday, as a steadier dollar triggered selling and pushed bullion below $440 an ounce, although traders said it attracted physical buying at the lows. Platinum, which scored 11-month highs overnight in Asia, cooled
Published 18 Mar, 2005 12:00am
US MIDDAY: cocoa slightly up on speculative-led buying

US MIDDAY: cocoa slightly up on speculative-led buying

New York cocoa futures ended modestly firmer amid thinly traded volumes Thursday after early speculative-led buying had pushed the benchmark product to a new contract peak, traders said. The New York Board of Trade's bellwether May cocoa contract settled
Published 18 Mar, 2005 12:00am
US MIDDAY: coffee settles mixed on roaster participation

US MIDDAY: coffee settles mixed on roaster participation

New York arabica coffee futures settled mixed Thursday for the second consecutive session, with market players taking a breather from recent heavy volatility, traders and analysts said. "Funds were there, but not with any significant size," said one deale
Published 18 Mar, 2005 12:00am
US MIDDAY: sugar moves both ways

US MIDDAY: sugar moves both ways

Raw sugar futures settled mixed Thursday on two-way trade in quiet business, with operators betting prices will remain firm due to bullish fundamentals, analysts said. Sugar has been clawing its way higher due to buying from leading importers Russia and I
Published 18 Mar, 2005 12:00am
US MIDDAY: wheat mixed on fund buying

US MIDDAY: wheat mixed on fund buying

Soft red winter wheat futures at the Chicago Board of Trade were mixed early on Thursday in choppy trading after the recent spate of fund buying that led to a series of rallies, traders said. Traders said the market was seeking direction and attempting to
Published 18 Mar, 2005 12:00am
US MIDDAY: corn slips on technical correction

US MIDDAY: corn slips on technical correction

Corn futures at the Chicago Board of Trade dipped early Thursday, setting back from their recent fund-led rally that drove prices to 6-1/2 month highs, traders said. The market was long overdue for a technical correction given the bearish fundamental outl
Published 18 Mar, 2005 12:00am
US MIDDAY: soyabeans dive on follow-through sales

US MIDDAY: soyabeans dive on follow-through sales

The Chicago Board of Trade soyabean market dived early Thursday on follow-through sales after the weak close the day before, which came on the heels of a volatile trading session, traders said. The market was long overdue for a downward correction followi
Published 18 Mar, 2005 12:00am
US MIDDAY: copper down on profit-taking

US MIDDAY: copper down on profit-taking

US copper futures eased Thursday morning as some trade sales and more profit-taking kept prices on the defensive against the backdrop of a firmer dollar, brokers said. There was some speculative buying at early lows, they said. "There's not too much to sa
Published 18 Mar, 2005 12:00am
US MIDDAY: gold falls on greenback's recovery

US MIDDAY: gold falls on greenback's recovery

Gold futures tumbled early Thursday, slipping below this week's range of $440 to $445 an ounce, as the dollar rebounded against the euro. The greenback's recovery against the euro hit metals across the board, with players positioning before an expected hi
Published 18 Mar, 2005 12:00am
World environment seminar in Tehran in May

World environment seminar in Tehran in May

An international two-day conference on "Environment, peace and the dialogue among civilisations and cultures" would be held in May in Tehran, the sources disclosed here on Wednesday. The conference would be held to examine the interaction between environm
Published 18 Mar, 2005 12:00am
Islam is a source of guidance to mankind: Shaukat

Islam is a source of guidance to mankind: Shaukat

Prime Minister Shaukat Aziz on Thursday said Islam is a source of guidance in all spheres of life and called for benefiting from the research done on "Ijtehad" in other Islamic states for promoting a progressive culture in the country. "Islam provides gui
Published 18 Mar, 2005 12:00am
Pakistan government in right direction: US

Pakistan government in right direction: US

State Department has said that the Government of Pakistan is moving forward in a positive way, and in a right direction. "In discussions with the Government of Pakistan and in observing measures that the Government of Pakistan has taken, I think we are co
Published 18 Mar, 2005 12:00am
Pakistan asks world to make Ecosoc more vibrant

Pakistan asks world to make Ecosoc more vibrant

Pakistan has made a strong call to the world community to enable the United Nation's Economic and Social Council (Ecosoc) to play its central role as the main organ of the UN in the economic and social fields. Addressing the Ecosoc meeting here on Thursda
Published 18 Mar, 2005 12:00am
Eradication of corruption

Eradication of corruption

The news appearing in the media during the last few days indicates that the railway locomotives imported from China have developed cracks, sub-standard steel has been used in the Ghazi Brotha project. The small dams in Balochistan could not bear the press
Published 18 Mar, 2005 12:00am
Hospital - a service not a business

Hospital - a service not a business

The establishment of Tabba Heart Institute by the Aziz Tabba Foundation of the Younus Brothers' group is an excellent job of the group towards service to humanity. The statement of Abdul Razzak Tabba that "Allah has enabled me to pay back to my nation and
Published 18 Mar, 2005 12:00am
Selection on merit?

Selection on merit?

The government has recently selected a dozen officers of the Ministry of Information and Media Development for posting abroad against vacancies in various Pakistani missions. Out of these chosen ones are private secretary to the Minister for Information,
Published 18 Mar, 2005 12:00am
Stock exchange investment

Stock exchange investment

The Karachi Stock Exchange has behaved in an erratic manner for the last few weeks. Is it an inflow of investment or is it a game going on. I feel it is time to ponder to have an actual assessment of stock market investments and save the small investors f
Published 18 Mar, 2005 12:00am
Jordan cracks down on unions as dissent grows

Jordan cracks down on unions as dissent grows

The men from Jordan's intelligence services came looking for Ali Hattar two days after he gave a speech calling for a boycott of the United States. "I knew my words would make them angry and that they would arrest me," said Hattar, a leading union activis
Published 18 Mar, 2005 12:00am
Agricultural research for prosperity and poverty alleviation

Agricultural research for prosperity and poverty alleviation

The financial administrators, policy makers, bureaucrats and politicians are always interested in measures of benefits from Agricultural Research and Development (R&D) investment. They want to ensure that spending on R&D constitutes a sound venture. R&D a
Published 18 Mar, 2005 12:00am
Consumer rights and role in market economy yet to be recognised

Consumer rights and role in market economy yet to be recognised

It, indeed, is heartening to learn, from newspaper reports, that the observance of the World Consumer Rights Day (WCRD), on March 16, though retaining its ritual features, was marked with an increasing emphasis on the need of creating awareness to the rol
Published 18 Mar, 2005 12:00am
Rise in inflation

Rise in inflation

The latest figures of inflation rate in the country are highly disturbing. According to the data released by the Federal Bureau of Statistics, the Consumer Price Index in February 2005 was up by 9.95 percent compared to its level a year ago. On a month to
Published 18 Mar, 2005 12:00am
Delegates hail NWFP investment conference

Delegates hail NWFP investment conference

The local and foreign delegates, who attended the NWFP International Investment Conference 2005, highly appreciated the warm hospitality and the excellent arrangements made by the NWFP government. They appreciated the package of incentives announced by Ch
Published 18 Mar, 2005 12:00am
NWFP seeks Centre's help to retire loans

NWFP seeks Centre's help to retire loans

The NWFP government on Wednesday asked the Federal government to help it get soft loans from open market to return the Federal government loans and to save the extra-amount being paid as mark-up. NWFP Senior Minister Siraj-ul-Haq made this demand during h
Published 18 Mar, 2005 12:00am
No special package by Prime Minister disheartens NWFP traders

No special package by Prime Minister disheartens NWFP traders

The address of the Prime Minister Shaukat Aziz at the NWFP International Investment Conference has dejected both the provincial government and business community as he did not announce any special package for the industrial development of the province. Th
Published 18 Mar, 2005 12:00am
Pabbi Hospital to get C-category status: minister

Pabbi Hospital to get C-category status: minister

NWFP Health Minister Inayatullah has announced that Category-C status would be given to Satellite Hospital, Pabbi, Nowshera district in the next financial year while taking note to the public complaints about certain staff members of the Hospital. The min
Published 18 Mar, 2005 12:00am
Jamali meets Musharraf

Jamali meets Musharraf

Former Prime Minister, Mir Zafarullah Khan Jamali on Thursday paid a courtesy visit to President General Pervez Musharraf and exchanged views on various issues including political situation in the country.
Published 18 Mar, 2005 12:00am
NWFP governor reiterates commitment against corruption

NWFP governor reiterates commitment against corruption

The NWFP Governor Commander Khalilur Rehman has expressed his firm commitment against the menace of corruption particularly in the government offices, saying the honest, dutiful and hardworking officials would be duly encouraged. In his maiden briefing wi
Published 18 Mar, 2005 12:00am
Concern voiced over POL price hike

Concern voiced over POL price hike

Senator Professor Khurshid Ahmad has expressed his shock over the recent rise in the prices of petroleum products. In a statement, he said that continuous rise in petroleum prices had added to the miseries of common man while rulers were living in extrava
Published 18 Mar, 2005 12:00am
Japan to fund three small dams in NWFP

Japan to fund three small dams in NWFP

Japan will extend fund for the construction of three small dams in NWFP from its grant-in-aid to provide irrigation water for about 9,300 acres land in three different districts of the province. The proposed dams would be constructed in Charsadda, Dir Low
Published 18 Mar, 2005 12:00am
Jamaat warns Musharraf

Jamaat warns Musharraf

Secretary General, Jamaat-e-Islami Pakistan, Syed Munawar Hasan has warned General Pervez Musharraf to abstain from providing logistic support and sensitive spots of Balochistan to the US forces for attacking Iran, otherwise ready to face serious conseque
Published 18 Mar, 2005 12:00am
Brick-lining plan in Gujranwala under way

Brick-lining plan in Gujranwala under way

As many as 1868 water courses will be brick-lined in the district under a four-year development programme for agriculture, geared to improve availability of water for irrigation. District Officer Agriculture (extension) talking to newsmen on Thursday said
Published 18 Mar, 2005 12:00am
'Interpack 2005' to be held in Germany from April 21

'Interpack 2005' to be held in Germany from April 21

A six-day, world's largest trade fair for the packaging industry "Interpack 2005", will take place for the 17th time from April 21 to 27 in Duesseldorf, Germany, covering 18 halls with 160,000 square meters and with 2,600 exhibitors from as many as 50 cou
Published 18 Mar, 2005 12:00am
Mehran Gas and Lube LPG reduce prices

Mehran Gas and Lube LPG reduce prices

Liquefied Petroleum Gas (LPG) companies, Lub Gas (pvt) Ltd, and Mehran LPG (pvt) Ltd, have announced five to six percent reduction in ex-plant price for an 11.8 kg cylinder. "In the first phase, we have reduced the price of a 11.8 kg cylinder by Rs 15-20/
Published 18 Mar, 2005 12:00am
GCU to celebrate 140th anniversary

GCU to celebrate 140th anniversary

The Government College University is celebrating 140th anniversary by holding "Mushaira" on Saturday, 19th March. Poets including Munir Niazi, Ahmad Faraz, Shehzad Ahmed, Mehmud Shaam, Kishwer Naheed, Atta-ul-Haq Qasmi, Javaid Qureshi, Javid Shaheen, Moon
Published 18 Mar, 2005 12:00am
Encroachments termed main cause for life and property losses

Encroachments termed main cause for life and property losses

District Nazim Lahore, Mian Amer Mahmood has described encroachments as prime factor for loss of life and property caused by fire incidents at Alfateh Store, H. Karim Baksh in Liberty Market and Bhandara Centre, Ichhra. Talking to a delegation of city tra
Published 18 Mar, 2005 12:00am
'Made in Pakistan' exhibition to be held in Tajikistan

'Made in Pakistan' exhibition to be held in Tajikistan

The Lahore Chamber of Commerce & Industry (LCCI) is holding a three-day exhibition of all consumer, industrial and exportable items at 'Khojent' (Tajikistan) from April 28 to 30. The exhibition named as 'Made in Pakistan' will accommodate around 70 exhibi
Published 18 Mar, 2005 12:00am
Chinese entrepreneurs seek joint ventures

Chinese entrepreneurs seek joint ventures

Chinese entrepreneurs have shown interest in joint ventures with their Pakistani counterparts in the fields of housing, construction, electronics and steel. Positive economic indictors have forced the Chinese businessmen to make investment in Pakistan and
Published 18 Mar, 2005 12:00am
PPP believes in talks for democracy: Amin

PPP believes in talks for democracy: Amin

Chairman of Alliance for Restoration of Democracy (ARD) and President of Pakistan Peoples Party (PPP) Mukhdoom Amin Fahim has said that the PPP does not believe in deal, but is ready to negotiate with any individual or party for restoration of true democr
Published 18 Mar, 2005 12:00am
National Bank launches new e-banking debit card

National Bank launches new e-banking debit card

The National Bank of Pakistan (NBP) on Thursday launched its new e-banking debit card, "NBP Cash Card". NBP President Ali Raza formally launched the card. Ali Raza said that though the product is not new, still the market is attractive for the debit card.
Published 18 Mar, 2005 12:00am
NBP profit to range between Rs 5.5-6 billion, board meets today

NBP profit to range between Rs 5.5-6 billion, board meets today

The National Bank of Pakistan (NBP) profit for the year ended December 2004 would range between Rs 5.5 billion to Rs 6 billion, showing an approximate growth of 44 percent as compared to the last year because of rise in advances and higher dividend payout
Published 18 Mar, 2005 12:00am
NBP profit to range between Rs 5.5-6 billion, board meets today

NBP profit to range between Rs 5.5-6 billion, board meets today

The National Bank of Pakistan (NBP) profit for the year ended December 2004 would range between Rs 5.5 billion to Rs 6 billion, showing an approximate growth of 44 percent as compared to the last year because of rise in advances and higher dividend payout
Published 18 Mar, 2005 12:00am
Goods Declarations for machinery import to be assessed under ACP

Goods Declarations for machinery import to be assessed under ACP

The Collectorate of Customs (Appraisement) has announced that all goods declarations (GDs), filed for the import of machinery except second hand stuff, will be assessed under the Automated Clearance Procedure (ACP) provided the importers are registered un
Published 18 Mar, 2005 12:00am
38 percent cut in public representation at Union Councils

38 percent cut in public representation at Union Councils

Public representation at Union Councils (UCs) will be cut down by a 38 percent, reducing the number of members from 21 members to 13 members in the forthcoming local bodies elections, following the Federal government's decision to scale down seats at the
Published 18 Mar, 2005 12:00am
ICD team briefed on proposed Dawood Group' Islamic Bank

ICD team briefed on proposed Dawood Group' Islamic Bank

A three-member delegation from Islamic Corporation for the Development (ICD) of the private sector, a wholly-owned subsidiary of the Islamic Development Bank, Jeddah, Saudi Arabia, was here from March 7 to 9 to perform the due diligence of the proposed Is
Published 18 Mar, 2005 12:00am
ICD team briefed on proposed Dawood Group' Islamic Bank

ICD team briefed on proposed Dawood Group' Islamic Bank

A three-member delegation from Islamic Corporation for the Development (ICD) of the private sector, a wholly-owned subsidiary of the Islamic Development Bank, Jeddah, Saudi Arabia, was here from March 7 to 9 to perform the due diligence of the proposed Is
Published 18 Mar, 2005 12:00am
Minister asks MMA to postpone million march

Minister asks MMA to postpone million march

Sindh Home Minister Rauf Siddiqui on Thursday asked the Muttahida Majlis-i-Amal (MMA) to postpone the million march, scheduled in the city on Sunday in the larger interests of the country. Talking to electronic media persons in his office, he said that as
Published 18 Mar, 2005 12:00am
WSU award for Dr Manzoor

WSU award for Dr Manzoor

The Washington State University (WSU) has invited Vice-chancellor of the University of Veterinary and Animal Sciences (UVAS) Lahore, Professor Dr Manzoor Ahmad to the United States to receive his WSU Alumni Achievement Award for the year 2004. Dr Manzoor
Published 18 Mar, 2005 12:00am
INTERNATIONAL TENDERS

INTERNATIONAL TENDERS

Export Promotion Bureau has received the following Tenders, interested Pakistani parties dealing in the under mentioned items can obtain further details of Tenders from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional Offices.
Published 18 Mar, 2005 12:00am
The Weather

The Weather

The weather report on Thursday (March 17) and the forecast for Friday (March 18, 2005).
Published 18 Mar, 2005 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 18 Mar, 2005 12:00am
New York cotton

New York cotton

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

Published 18 Mar, 2005 12:00am
End of quota regime: is QSC still alive?

End of quota regime: is QSC still alive?

Although the quota regime passed into the pages of history with the dawn of 2005, Quota Supervisory Council (QSC) Chairman Abdul Aziz Memon appears keen to keep the QSC alive at least on the newspaper pages. Reacting to a report, published in the Busin
Published 18 Mar, 2005 12:00am
New York cotton

New York cotton

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

Published 18 Mar, 2005 12:00am
Worldcall starts operation in three cities

Worldcall starts operation in three cities

Worldcall a leading telecom operator in Pakistan, has obtained LDI (Long Distance International) licence and has begun operations in three major cities. A press release states that it has obtained CDMA mobile operator's licence and will launch services so
Published 18 Mar, 2005 12:00am
Key stock market movements at 1800 GMT on March 17

Key stock market movements at 1800 GMT on March 17

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 18 Mar, 2005 12:00am
ISO certification: MoST approves project to encourage entrepreneurs

ISO certification: MoST approves project to encourage entrepreneurs

Ministry of Science and Technology (MoST) has approved a project to encourage export-oriented entrepreneurs to acquire ISO certification. The main objective of consultancy for achieving ISO certification programme is to enhance efficiency of entrepreneurs
Published 18 Mar, 2005 12:00am
Call for repealing biased laws

Call for repealing biased laws

Minister of State for Youth and Culture Muhammad Ali Durrani has called for repeal of all discriminatory laws including Hudood Ordinances and Citizenship Act to reduce the suffering of the women and to increase their economic empowerment. The minister mad
Published 18 Mar, 2005 12:00am
Project launched for autarky in tea

Project launched for autarky in tea

Pakistan Science Foundation (PSF) has launched a project to make the country self-sufficient in green tea area during next two to three years. In this regard, Pakistan Science Foundation, Pakistan Agricultural Research Council (Parc) and Tapal Tea Limited
Published 18 Mar, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (March 17, 2005).

Published 18 Mar, 2005 12:00am
Symposium on diabetes, endocrinology today

Symposium on diabetes, endocrinology today

One day symposium under the auspices of the Department of Diabetes and Endocrinology, Postgraduate Medical Institute, Hayatabad Medical Complex, will start at a local hotel here on Friday. The head of Diabetes and Endocrinology Department Dr Aziz-ul-Hasan
Published 18 Mar, 2005 12:00am
Plan being evolved to expedite UK visa applications

Plan being evolved to expedite UK visa applications

An integrated plan is being evolved to ensure the quick disposal for the visa applications from Pakistan including Azad Kashmir seeking entry into United Kingdom. British Parliamentary Under Secretary of State for Immigration, M.P Chris Mullin disclosed t
Published 18 Mar, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 17, 2005).

Published 18 Mar, 2005 12:00am
Jiabao's visit to strengthen Sino-Pak economic ties

Jiabao's visit to strengthen Sino-Pak economic ties

Pakistan and China are likely to make a major headway in promoting their economic ties during Premier Wen Jiabao's visit to Islamabad early April. The two sides are expected to sign some new documents, giving boost to their bilateral co-operation in the e
Published 18 Mar, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (March 17) and for Friday (March 18, 2005).
Published 18 Mar, 2005 12:00am
Baisakhi Festival: Prime Minister allows 10 buses carrying Sikh pilgrims

Baisakhi Festival: Prime Minister allows 10 buses carrying Sikh pilgrims

Prime Minister Shaukat Aziz, as a special gesture, has decided to allow 10 buses carrying Sikh pilgrims from Indian Punjab to visit Nankana Sahib on the occasion of the Baisakhi Festival on April 13 this year. The Prime Minister's decision of allowing the
Published 18 Mar, 2005 12:00am
CDA to spend auction income on uplift projects

CDA to spend auction income on uplift projects

The income generated through the recent auction of two commercial plots by the Capital Development Authority (CDA) would be spent to carry out development projects, said CDA Chairman Kamran Lashari. Talking to a private television channel, he said the CDA
Published 18 Mar, 2005 12:00am
Signatures of 1.5 million Kashmiris on display in Delhi

Signatures of 1.5 million Kashmiris on display in Delhi

A unique exhibition titled "Voices for Peace -Voices for Freedom" depicting signatures, collected from 1.5 million Kashmiri people by Jammu and Kashmir Liberation Front (JKLF) was held here on Thursday, underscoring the need of involving the people in the
Published 18 Mar, 2005 12:00am
Previous Day