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Print - 2005-04-26
Unisame plea to EPB

Unisame plea to EPB

The Union of Small & Medium Enterprises (Unisame) has requested the Trade Consultant in Export Promotion Bureau (EPB) to purchase the latest International Directories of Importers as the one available with the bureau is of 2002 and outdated. According to
Published 26 Apr, 2005 12:00am
NAB seminar on April 28

NAB seminar on April 28

The National Accountability Bureau (NAB) is organising a seminar on "corruption in business sector of Pakistan and its eradication strategies" at the Corps headquarters here on April 28. The inaugural session will be presided over by Sindh Ombudsman Yousu
Published 26 Apr, 2005 12:00am
Need for effective water conservation stressed

Need for effective water conservation stressed

Federal Minister for Science and Technology, Chaudhry Nouraiz Shakoor Khan said that Pakistan Council of Research in Water Resources (PCRWR) had launched a number of research and development (R&D) projects to mitigate drought and water scarcity in all eco
Published 26 Apr, 2005 12:00am
Valuable fish species near extinction: minister

Valuable fish species near extinction: minister

Punjab Minister for Fisheries, Jam Mohammad Hashim Ghalija on Monday cautioned that some of the most valuable rare fish species are nearing total extinction in the natural habitats in Pakistan. Inaugurating the 3rd 2-day national symposium of Pakistan Fis
Published 26 Apr, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Monday (April 25, 2005).

Published 26 Apr, 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 26 Apr, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Monday (April 25, 2005).

Published 26 Apr, 2005 12:00am
Punjab University holds seminar

Punjab University holds seminar

Punjab University's main library organised a seminar in connection with the 'World Book and Copyright Day' in a bid to promote reading habits among the students. Institute of Education Research Director Professor Dr Munawar Mirza was the chief guest on th
Published 26 Apr, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Monday (April 25, 2005).

Published 26 Apr, 2005 12:00am
Wapda's audit report discussed

Wapda's audit report discussed

The sub-committee of National Assembly Public Accounts Committee (PAC), comprising Kunwar Khalid Younis MNA (Convenor) and Muhammad Safdar Shakir MNA (Member), held a meeting here on Monday, to discuss audit report for the year 1990-91 pertaining to Water
Published 26 Apr, 2005 12:00am
Bhat terms Musharraf's stance on Kashmir realistic

Bhat terms Musharraf's stance on Kashmir realistic

All Parties Hurriyat Conference (APHC) former Chairman Abdul Ghani Bhat has said President General Pervez Musharraf's stance on Kashmir was based on realistic approach and wisdom. To a private television channel, he said that was a good thing that there w
Published 26 Apr, 2005 12:00am
China offers cooperation in shipbuilding

China offers cooperation in shipbuilding

"China is willing to co-operate with Pakistan in the development of shipbuilding industry," an official of Tianjin shipbuilding Company told APP. He said they had prepared a comprehensive plan to develop their partnership with the neighbouring countries i
Published 26 Apr, 2005 12:00am
Call for regional integration, building Asian community

Call for regional integration, building Asian community

Leaders from Pakistan, China and other countries, calling for regional integration, have vowed to build Asian community while working together to improve the living-condition of their people. At the conclusion of the two-day annual conference held here un
Published 26 Apr, 2005 12:00am
Baglihar dam issue not to be referred to ICJ: foreign office

Baglihar dam issue not to be referred to ICJ: foreign office

The Foreign Office spokesman said here on Monday that there were no plans to refer the Baglihar dam issue to the International Court of Justice as it was not stipulated in the Indus Waters Treaty. Jalil Abbas Jilani said that reports suggesting the move w
Published 26 Apr, 2005 12:00am
'Pakistan condemns terrorism in all forms'

'Pakistan condemns terrorism in all forms'

Speaker National Assembly, Chaudhry Amir Hussain has reiterated the firm resolve of the government to curb terrorism and condemned it in all its forms and manifestations. He was talking to the President of People's National Assembly of Algeria and parliam
Published 26 Apr, 2005 12:00am
Saarc summit likely in May or June

Saarc summit likely in May or June

The twice-postponed Saarc summit is likely to be held in May or June this year in Dhaka as India has expressed its readiness to participate in it anytime after May 13 after the end of marathon ongoing Budget session. India had conveyed its mind when Exter
Published 26 Apr, 2005 12:00am
Three shot dead in Naushera

Three shot dead in Naushera

Three persons including two brothers were gunned down over a power struggle between two rival groups at village Shamoola in Naushera Virkan police area. In an exchange of fire, the accused party from Ashi group shot dead three rivals, including two brothe
Published 26 Apr, 2005 12:00am
Malik Javed's family calls on Prime Minister

Malik Javed's family calls on Prime Minister

The family members of Pakistan Embassy (in Iraq) official Malik Muhammad Javed, freed by his kidnappers in Iraq, called on Prime Minister Shaukat Aziz here on Monday and thanked him for his personal interest in securing Javed's safe release. The family me
Published 26 Apr, 2005 12:00am
Government asked to refrain from suppressing opponents

Government asked to refrain from suppressing opponents

The opposition in the Senate on Monday warned of dire repercussions of 'blind and over-aggressive' use of state powers and resources including secret agencies by the present government to curb political foes and termed it a 'worst example' of state terror
Published 26 Apr, 2005 12:00am
Opposition walks out of Senate against alleged state oppression

Opposition walks out of Senate against alleged state oppression

Joint opposition in the Senate on Monday walked out to protest against alleged 'state oppression to crush the voice of dissent.' The House passed a unanimous resolution to protest against the European Parliament's attitude vis-a-vis Senator Maulana Samiul
Published 26 Apr, 2005 12:00am
ADB preparing special package for Karachi uplift

ADB preparing special package for Karachi uplift

Recognising that infrastructure development and rehabilitation emerged as a priority area for Pakistan, ADB vice-president Liquin Jin said the bank is providing assistance in irrigation, roads, and urban centres, as well as addressing critical gaps in the
Published 26 Apr, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (April 25, 2005).

Published 26 Apr, 2005 12:00am
Soomro's assurance to electronics dealers

Soomro's assurance to electronics dealers

Chairman Senate Muhammadmian Soomro has held out an assurance that an inquiry would be conducted in the matter of arrest of electronic dealers and disturbance in the electronic market. He gave this assurance while talking with president of the Karachi Ele
Published 26 Apr, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (April 25, 2005).

Published 26 Apr, 2005 12:00am
People resent decision of changing school uniform

People resent decision of changing school uniform

People reacted very adversely to the decision of the Sindh government to change the colour of school uniform to blue. A large number of parents of school going children, who are admitted in government schools, have said the introduction of new uniform for
Published 26 Apr, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Monday (April 25, 2005).

Published 26 Apr, 2005 12:00am
SAFA 2005 convened

SAFA 2005 convened

The Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMAP) are jointly organising an international conference in Karachi on May 6 and 7 this year. This conference will feature the acc
Published 26 Apr, 2005 12:00am
Introduction of microbiology as independent subject suggested

Introduction of microbiology as independent subject suggested

Microbiology should be accorded full recognition as independent subject and be introduced in all the colleges in the country in general and Sindh in particular. This was recommended by the microbiologists and scholars at the concluding session of the two-
Published 26 Apr, 2005 12:00am
Tariq Kirmani

Tariq Kirmani

Prime Minister Shaukat Aziz has appointed Pakistan International Airlines Corporation (PIAC) chairman Tariq Kirmani, as member of the Board of Management (BoM), Pakistan State Oil (PSO), with immediate effect.
Published 26 Apr, 2005 12:00am
Increase in vehicle prices criticised

Increase in vehicle prices criticised

Chairman All Pakistan Motor Dealers Association (APMDA) H.M.Shahzad has urged the President and the Prime Minister to direct Dewan Farooque Motors Ltd, to take back recent increase in its vehicle prices. In a press release, he noted that Japan has reduced
Published 26 Apr, 2005 12:00am
Sir Adamjee's services lauded

Sir Adamjee's services lauded

The efforts of Sir Adamjee Haji Dawood were widely appreciated by the Lieutenant General Sahibzada Yaqub Khan (Retd) at the launching ceremony of the book 'The Merchant Knight-Adamjee Haji Dawood.' The chief guest said that the book was not only the biogr
Published 26 Apr, 2005 12:00am
Transparency International plans to start project in Karachi

Transparency International plans to start project in Karachi

A delegation of Transparency International (TI), comprising procurement experts, from Germany and Pakistan will start meetings with government and local government officials in Karachi. During its four-day stay here, the delegation, led by Juanita Olaya,
Published 26 Apr, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 25, 2005).

Published 26 Apr, 2005 12:00am
Housing scheme for PQA employees inaugurated

Housing scheme for PQA employees inaugurated

Federal Minister for Ports and Shipping, Senator Babar Khan Ghauri inaugurated 337-acre housing scheme for Port Qasim Authority employees on Monday. Addressing the officers and workers at the ground-breaking ceremony, the minister said, "We have sought ap
Published 26 Apr, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 25, 2005).

Published 26 Apr, 2005 12:00am
'Curtailing tax litigations cost CBR dearly'

'Curtailing tax litigations cost CBR dearly'

The Central Board of Revenue (CBR) has scarified huge amount of revenue in a bid to curtail tax litigation to the benefit of taxpayers. This was stated by Salman Nabi, Member, Income Tax, CBR, at a panel discussion, on Alternative Disputes Resolution (ADR
Published 26 Apr, 2005 12:00am
Project to avert tsunami-like disaster approved

Project to avert tsunami-like disaster approved

The ministry of science and technology has approved a development project to safeguard people living in coastal areas and to avert tsunami-like disaster and to increase their income. The National Institute of Oceanography (NIO) will be the executing agenc
Published 26 Apr, 2005 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (April 25, 2005).
Published 26 Apr, 2005 12:00am
Japan train accident: President and Prime Minister express condolence

Japan train accident: President and Prime Minister express condolence

President General Pervez Musharraf and Prime Minister Shaukat Aziz on Monday expressed their condolence to Japanese Prime Minister Junichiro Koizumi on the tragic commuter train accident in Amagasaki, Hyogo, Prefecture, Japan. In condolence message, the P
Published 26 Apr, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

BMA Pakistan Government Bond Index (BMA-PGBI) yield moved upward by 4 bps, which moved Index value down by 10 bps to 96.0816. PIBs remained volatile throughout the day. Market opened on higher yields, went down, and again closed at higher levels. The reas
Published 26 Apr, 2005 12:00am
ECC to consider concessions for cars import

ECC to consider concessions for cars import

The Economic Co-ordination Committee (ECC) of the cabinet will consider some concessions for the import of cars under transfer of residence scheme, baggage rules and gift scheme to facilitate overseas Pakistanis. Sources told Business Recorder on M
Published 26 Apr, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

BMA Pakistan Government Bond Index (BMA-PGBI) yield moved upward by 4 bps, which moved Index value down by 10 bps to 96.0816. PIBs remained volatile throughout the day. Market opened on higher yields, went down, and again closed at higher levels. The reas
Published 26 Apr, 2005 12:00am
Trade policy panel meeting on April 27

Trade policy panel meeting on April 27

Commerce Minister Humayun Akhtar Khan has convened annual meeting of nearly 300-member advisory committee here on Wednesday to chalk out contours of trade policy 2005-06, an official told Business Recorder. "The commerce ministry has already asked
Published 26 Apr, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

BMA Pakistan Government Bond Index (BMA-PGBI) yield moved upward by 4 bps, which moved Index value down by 10 bps to 96.0816. PIBs remained volatile throughout the day. Market opened on higher yields, went down, and again closed at higher levels. The reas
Published 26 Apr, 2005 12:00am
Singtel keen to invest in Pakistan

Singtel keen to invest in Pakistan

The President and CEO of Singtel, Lee Hsien Yang on Monday called on Prime Minister Shaukat Aziz and expressed keen desire of his company to invest in Pakistan. The Singtel chief said that his company was looking for exploring business opportunities inclu
Published 26 Apr, 2005 12:00am
Banks willing to finance I-15 housing units

Banks willing to finance I-15 housing units

Banks and several other financial institutions have expressed their desire to finance construction of housing apartments in I-15, sources told Business Recorder here on Monday. Representatives of various scheduled banks including Muslim Commercial
Published 26 Apr, 2005 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The 20th session of the Senate, requisitioned by the opposition, commenced Monday night in keeping with all the traits of our parliamentary traditions. As expected, it started 80 minutes behind schedule, points of order dominated proceedings and there was
Published 26 Apr, 2005 12:00am
Audit under USAS: list compiled for selection of returns

Audit under USAS: list compiled for selection of returns

The Central Board of Revenue (CBR) has compiled a list of 7,500 companies, businessmen and traders for selection of returns for audit under the Universal Self-Assessment Scheme (USAS). Official sources told Business Recorder on Monday that audit of
Published 26 Apr, 2005 12:00am
eCDS launch postponed

eCDS launch postponed

The Central Depository Company on Monday announced that the launch of its reengineered version of existing Central Depository System (CDS), termed eCDS on April 25, has been postponed due to some technical reasons. The new system is designed to offer the
Published 26 Apr, 2005 12:00am
eCDS launch postponed

eCDS launch postponed

The Central Depository Company on Monday announced that the launch of its reengineered version of existing Central Depository System (CDS), termed eCDS on April 25, has been postponed due to some technical reasons. The new system is designed to offer the
Published 26 Apr, 2005 12:00am
Efforts afoot to reduce poverty: Prime Minister's advisor

Efforts afoot to reduce poverty: Prime Minister's advisor

Advisor to the Prime Minister on Finance and Revenue Salman Shah on Monday said the government was fully aware of its responsibilities toward social sector and doing its best to reduce poverty. He told participants of the Pakistan Development Forum (PDF)
Published 26 Apr, 2005 12:00am
PPP and PML-N sort out differences

PPP and PML-N sort out differences

The Pakistan Muslim League (PML-N) and Pakistan Peoples' Party (PPP) on Monday pledged to keep Alliance for the Restoration of Democracy (ARD) intact, as the latter assured not to take any decision outside the alliance ambit. Both the opposition parties h
Published 26 Apr, 2005 12:00am
SBP allows advance payment for imports

SBP allows advance payment for imports

The State Bank on Monday decided to allow advance payment up to $10,000 against intended imports of spare parts for importer''''s own use without the requirement of a Letter of Credit or bank guarantee from the supplier. The State Bank issued a circular,
Published 26 Apr, 2005 12:00am
SBP allows advance payment for imports

SBP allows advance payment for imports

The State Bank on Monday decided to allow advance payment up to $10,000 against intended imports of spare parts for importer''s own use without the requirement of a Letter of Credit or bank guarantee from the supplier. The State Bank issued a circular, ad
Published 26 Apr, 2005 12:00am
SBP allows advance payment for imports

SBP allows advance payment for imports

The State Bank on Monday decided to allow advance payment up to $10,000 against intended imports of spare parts for importer's own use without the requirement of a Letter of Credit or bank guarantee from the supplier. The State Bank issued a circular, add
Published 26 Apr, 2005 12:00am
SBP allows advance payment for imports

SBP allows advance payment for imports

The State Bank on Monday decided to allow advance payment up to $10,000 against intended imports of spare parts for importer's own use without the requirement of a Letter of Credit or bank guarantee from the supplier. The State Bank issued a circular, add
Published 26 Apr, 2005 12:00am
Re-designed shipping policy likely in May

Re-designed shipping policy likely in May

The re-designed shipping policy is likely to be announced next month by Prime Minister Shaukat Aziz. Federal Minister for Ports and Shipping, Senator Babar Khan Ghauri told this to Business Recorder, after the ground-breaking ceremony of Port Qasim
Published 26 Apr, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (April 25, 2005).

Published 26 Apr, 2005 12:00am