The Lahore Chamber of Commerce and Industry (LCCI) would extend all-out help to the World Bank (WB) for bringing improvement in infrastructure facilities in Pakistan. The LCCI President Mian Misbahur Rehman gave the assurance while talking to a five-membe
Scientists and fisheries experts have proposed the government to modernise coastal and deep-sea fisheries through provision of improved harvesting and post-harvesting facilities like cold storage and modern markets for fish and fish products. They floated
The Lahore High Court (LHC) has issued notice to the Punjab Home Department in a petition filed for the recovery of PPPP workers. The petitioner, one of the relatives of arrested workers, contended that the respondent police officials arrested them illega
The federal government has updated the strategy for agriculture sector to promote production and export of high valued crops during the next five years. The government will also enhance productivity of crops through development of new technologies in farm
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) former president Iftikhar Ali Malik will present a report regarding construction of FPCCI buildings in Karachi and Islamabad at a meeting of Managing Committee of the Federation schedule
New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced the offer and bid price per unit for the following funds effective from Thursday, April 28, 2005.
More than 1.2 million people of 50 union councils of Multan city are facing threat to their health due to non-availability of potable water and inadequate sewerage system. Entire sewerage system has been collapsed resultantly spreading hepatitis B, C and
New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced the offer and bid price per unit for the following funds effective from Thursday, April 28, 2005.
Heavy police contingent barged into the residence of former federal minister Malik Mukhtar Ahmed Awan on Wednesday morning to arrest his son Gulrez Awan. Reportedly, raiding police party searched the entire building, remained there for two hours and humil
New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced the offer and bid price per unit for the following funds effective from Thursday, April 28, 2005.
A local court here on Wednesday issued a stay order on a petition of Sarhad Chamber of Commerce & Industry (SCCI) against the holding of industrial exhibition in the name of Jashn-e-Sarhad at Qayyum Stadium, Peshawar Cantt. The court, through the order of
Small & Medium Entrepreneurs Development Authority (Smeda) has stressed on bringing improvement in gems-cutting industry and called for utilisation of modern mining techniques for quality production. The call was made during a one-day training workshop on
The performance of mutual funds was lauded and excellence awards were given to entities ranging from small cap funds to state-owned unit and also the companies belonging to private sector, with Mutual Fund Association assuring more awareness among small i
The performance of mutual funds was lauded and excellence awards were given to entities ranging from small cap funds to state-owned unit and also the companies belonging to private sector, with Mutual Fund Association assuring more awareness among small i
National Accountability Bureau (NAB) will hold a seminar on "corruption in business sector" at Corps 5 auditorium on Thursday. According to an announcement here on Wednesday, Chairman NAB, Lieutenant General Munir Hafiez will sum up the concluding session
Secretary General Council of Pakistan Newspaper Editors (CPNE) Dr Jabbar Khattak on Wednesday said meeting of CPNE Standing Committee will be held on Tuesday, May 3, 2005 at 10:30am in Hotel Avari Lahore. Meeting will be presided over by CPNE President Ar
The ship agents have urged the government to withdraw 15 percent Central Excise Duty (CED) on the commission earned by them. Founder Chairman of All Pakistan Shipping Association (APSA) Farrukh Qaisar in a fax to Prime Minister Shaukat Aziz said that ship
The ship agents have urged the government to withdraw 15 percent Central Excise Duty (CED) on the commission earned by them. Founder Chairman of All Pakistan Shipping Association (APSA) Farrukh Qaisar in a fax to Prime Minister Shaukat Aziz said that ship
The Karachi Stock Exchange (KSE) is likely to send some proposals to the Securities and Exchange Commission of Pakistan (SECP) soon to relax some of the rules pertaining to futures market, which would help in reviving the confidence of the stock-brokers a
Despite rising demand for dollars in the interbank market on Wednesday, the rupee did not show big change versus the dollar at Rs 59.45 and Rs 59.46 for buying and selling, respectively, money experts said. They said that importers' demand for dollars for
The Sindh Information Technology Ministry is eyeing to grab business process out-sourcing (BPOs) from the US-based companies that currently stretches to $50 billion on the international market. The ministry has sought expertise of a Washington-based pione
Despite rising demand for dollars in the interbank market on Wednesday, the rupee did not show big change versus the dollar at Rs 59.45 and Rs 59.46 for buying and selling, respectively, money experts said. They said that importers' demand for dollars for
Maersk Pakistan Limited, a leading international transportation and shipping company, has opted for ZRG International to provide a next generation 'Call Center Solution' for its customer services. The spokespersons of ZRG International told Business Re
Rupali Bank Limited the foreign banking company incorporated in Bangladesh, commenced business operations of its Pakistan Branch in 1976. The overview covers only the banking operations of Rupali Bank's Pakistan Branch located in Karachi. Its business in
Trading Corporation of Pakistan (TCP) following the instructions of Economic Co-ordination Committee (ECC) will float a tender for the import of urea by end of this week. A TCP official Wednesday said that the chairman who was in Islamabad to attend MINFA
Rupali Bank Limited the foreign banking company incorporated in Bangladesh, commenced business operations of its Pakistan Branch in 1976. The overview covers only the banking operations of Rupali Bank's Pakistan Branch located in Karachi. Its business in
A central leader of People's Labour Bureau Pakistan, Habibuddin Junaidee, on Wednesday said that indiscriminate transfers and postings of officers of Habib Bank were aimed at harassing the staff and creating circumstances leading to their resignation or a
A goldsmith was killed and his cousin injured when unidentified bandits snatched Rs 5.5 million and jewellery from them and over a bid of resistance the criminals opened fires. According to details, a goldsmith Imtiaz, 50, resident of Kabir Wala, along wi
Scores of kiln workers with their family members took out a protest procession against fake police encounter in which two kiln-workers were killed. The protestors marched on Circular Road, Rail Bazar, Kutchery Bazar, Clock Tower Chowk carrying dead bodies
Prime Minister Shaukat Aziz has stressed on the need for accelerated pace of development projects in the country to upgrade living standard of common man. He was talking to the Minister for Ports and Shipping Babar Khan Ghauri who called on him at the Pri
Pakistan and the United States on Tuesday discussed environmental issues, including clean water, air and fuel, sources said. The matter came up under discussion at a meeting. Federal Minister for Environment, Tahir Iqbal Khan, now on a brief visit to Wash
The Pakistan Sugar Mills Association (PSMA) has said the widening communication gap between the government and the sugar industry is escalating misunderstanding on either side with every passing day. In a press statement here on Wednesday, a spokesman of
Federal Information and Broadcasting Minister Sheikh Rashid Ahmed has expressed heart-felt condolences on the demise of mother of CBR Chairman Mohammad Abdullah Yusuf. Sheikh Rashid Ahmed on Thursday visited the Central Board of Revenue and met the CBR ch
The Anti Terrorist Court (ATC) Rawalpindi has recorded statement of a witness in Shaukat Aziz suicide attack case on Wednesday and adjourned hearing till April 30. Judge of the ATC-2, Safder Hussain Malik, while starting the proceedings of the case record
Contrary to its tall claims for developing tourism industry in Pakistan the finance division has not included any major project in the Public Sector Development Programmes (PSDP) for 2005-06. Business Recorder learnt here on Wednesday that in the r
The Pakistan Muslim League (Nawaz) on Wednesday rejected the government's claims of economic prosperity, alleging the living standard of the common man had deteriorated instead. Through resolutions, after the Central Executive Committee of the PML(N) met
Asking military to go back to barracks, Asif Ali Zardari, the spouse of self exiled former premier Benazir Bhutto has demanded of the government to hold 'free and fair' parliamentary elections in the current year. Zardari, who is also former senator not o
Pakistan Tahreek-e-Insaf (PTI) Chief Imran Khan has said that dictators can not be reformers of society as their interest inherently clash with a democratic society that rest on credible institutions. Reacting on President General Musharraf's statement to
The Norwegian mobile phone transnational, Telenor, has claimed that in the first quarter of this year it has taken a big stride and covered 32 million of Pakistan population with 343,000 subscribers. The cellphone service provider was launched here on Mar
The Collectorate of Customs, Preventive, on Tuesday night at the Karachi Port recovered 22 kg heroin, valued at about $2.2 million in the international market, and booked for investigation the unknown Peshawar-based exporter of wooden furniture. A press r
Police have arrested two militants from the banned group Jaish-e-Mohammad in a raid here, police said on Wednesday. Mohammad Yunus and Nafees Ahmed were arrested late on Tuesday at a house in Orangi as they were making bombs, chief police investigator Man
Punjab Education Minister Mian Imran Masood has asked the Aga Khan University Institute for Educational Development to provide technical assistance for professional development of teachers for improving school education in the Punjab. During his visit to
The State Life Insurance Corporation (Slic) has successfully secured Rs 478 million as first year premium (new business) by providing financial protection to more than 47,615 new policyholders and their families nation-wide, thus showing an increase of 24
The State Life Insurance Corporation (Slic) has successfully secured Rs 478 million as first year premium (new business) by providing financial protection to more than 47,615 new policyholders and their families nation-wide, thus showing an increase of 24
The Selection Board for promotion of officers from lieutenant colonel to colonel/brigadier commenced at the General Headquarters here on Wednesday. President General Pervez Musharraf chaired the board. On special invitation, Prime Minister Shaukat Aziz al
The task force on Technical and Vocational Education headed by Federal minister for education Lieutenant General Javed Ashraf Qazi (Retd) will submit its final report in the first week of May to the Prime Minister. Under the proposed plan, National Techni
Pakistan Vanaspati Manufacturers Association (PVMA) has demanded removal of anomaly in taxes between Fata/Pata and settled area ghee industries. In its budgetary proposals, PVMA said the vegetable ghee/cooking oil units in the Federally Administered Triba
Pakistan Vanaspati Manufacturers Association (PVMA) has demanded removal of anomaly in taxes between Fata/Pata and settled area ghee industries. In its budgetary proposals, PVMA said the vegetable ghee/cooking oil units in the Federally Administered Triba
Vice President Federation of Pakistan Chambers of Commerce and Industry, Zubair Ahmad Malik and other representatives of the business community have called upon the government to bring down the cost of doing business in order to make Pakistani products co
Given the intensity of senators' struggle to catch the Chairman's eye to get the floor to ventilate their individual and collective concerns it appears necessary that they should meet more often and for longer hours. On Wednesday morning too almost every
The opposition in the Senate on Wednesday feared the reversal of macro-economic indicators derived stability from post 9/11 scenario, if the government could not come out with a tangible set of measures to control what it termed skyrocketing inflation tou
The provinces have literally missed the opportunity of getting more share from the divisible pool as they could not reach any consensus for distribution of resources in the sixth NFC Award. The policy-makers here believe that hardly any time is left now f
Pakistan assailed the EU on Wednesday over the European Parliament's decision to cancel talks with a delegation of Pakistani lawmakers because one was a pro-Taleban cleric. "I ... today lodged a strong protest with the EU presidency on the treatment meted
The Central Board of Revenue (CBR) has decided to notify the names of 300 large-scale companies and textile units of Sialkot and Multan for speedy payment of sales tax refund to the exporters through a new software package named as 'Streams'. At present,
While the new entrant, Telenor of Norway, cut a slice of 3.5 percent of the cell market cake in its first 17 days of operation, the Mobilink still holds 61.3 percent of total mobile phone subscribers. The total market is shared between the Telenor, Insta,
Information and Broadcasting Minister Sheikh Rashid has said that major world powers, including the US, are considering settlement of Kashmir dispute as a key issue. He said it is a very crucial time, as most of the world powers were keen to see a solutio