The ruling Pakistan Muslim League President Chaudhary Shujaat Hussain has said that former Sindh Minister Imtiaz Sheikh will remain in the party, however, he added that it was the authority of party president to sack any of the ministers. Talking to newsm
When it comes to communicating, Murat Akin has a head start over most people on the divided island of Cyprus. He can talk to the other side. By a historical quirk of fate he speaks Greek as well as his native Turkish, giving him the edge in selling trinke
The way the Mothers' Day was shown on the TV channels in Pakistan as also other events and days such as the Fathers' Day, the Saint Valentine Day etc, in the name modernity but in fact vulgarity - is most deplorable, to say the least. We do not have to wa
Your editorial of Sunday, 1 May, 2005, highlighting the problems of short supply of water and unjustified taxation by the Karachi Water and Sewerage Board commonly faced by the consumers in Karachi and Hyderabad, is very appropriately worded, which focuse
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).
The significant aspect of this definition is that 'stocks' and 'shares' are treated as 'capital assets', even where held as stock-in-trade by a taxpayer. This result in the taxation of the income arising from the disposal of such assets under section 37,
Development experience of Pakistan in the recent past has been interpreted differently by various people. Government functionaries, including the Prime Minister and his colleagues miss no opportunity to propagate the achievements of the economy like high
Private Power Infrastructure Board (PPIB) Managing Director Zafar Ali Khan has said that 1000 MW thermal electricity will be produced in the beginning of 2008 that will help overcome shortage of electricity in the country. Speaking in a PTV programme here
District Assembly Multan, chaired by Malik Muhammad Amer Dogar, has adopted a resolution for the release of ex-Mayor of Multan Malik Salahuddin Dogar, District President of PPP Khalid Hanif Lodhi and former federal minister Malik Mukhtar Ahmed Awan saying
The PML workers have called upon Pakistan Muslim League (PML) President Chaudhry Shujaat Hussain and Punjab Chief Minister Chaudhry Pervaiz Elahi to take immediate steps against double-faced and so-called party leaders, who are involved in creating split
The Muttahida Majlis-i-Amal (MMA) has planed to hold a public meeting on May 12 at Annu Bhai Park Karachi. According to a press release issued here on Monday, the MMA President Qazi Hussain Ahmed, Secretary General Maulana Fazal ur Rehman, Vice Presidents
City Nazim, Naimatullah Khan has called for uniform laws for hoardings and buildings in Karachi and said an elaborate planning was required for this purpose. He was talking to visiting 5-member World Bank delegation at Civic Centre here on Tuesday. He app
Commissioner Indus Water Commission Syed Jamat Ali Shah on Tuesday urged India to suspend the construction work on Kishanganga dam till resolution of the dispute. "Pakistan will not become a party to delay the resolution of Kishanganga dam issue. If India
Next round of talks between Pakistan and the United States on Bilateral Investment Treaty (BIT) will be held in Islamabad during the current month. "This is part of efforts to boost Pakistan-US economic ties," Commerce Minister, Humayun Akhtar Khan told n
The President plays a very important part in the Polish legal system. His rights and obligations of are determined by the Constitution of the Republic of Poland (passed in April 1997). In accordance with the current Constitution, the President of the Repu
Raw sugar futures finished quietly higher Tuesday on modest amounts of speculative and trade buying, with most players on the sidelines attending activities ahead of the annual Sugar Club dinner on Wednesday, brokers said. The New York Board of Trade's Ju
Wheat futures at the Chicago Board of Trade climbed early on Tuesday as condition ratings for the US winter wheat crop waned, traders said. At 10:10 am CDT (1510 GMT), CBOT wheat was up 4-1/2 to 6-1/2 cents per bushel. May was up 6-1/2 at $3.12 per bushel
Corn futures at the Chicago Board of Trade were holding firm early on Tuesday amid weather jitters and on a strong rally in wheat, traders said. At 10:16 am CDT (1516 GMT), CBOT corn was up 1/2 to 1-1/4 cents per bushel. May was up 1-1/4 at $2.01 per bush
US copper futures rose modestly early Tuesday, though activity was subdued and likely to stay that way for the session after a trader collapsed on the exchange floor, halting trading for about 40 minutes. Floor brokers said they thought the mood on the co
Soyabean futures at the Chicago Board of Trade rose early on Tuesday, lifted by crop concerns amid dryness in the eastern US Midwest and forecasts calling for less rain than expected earlier, traders said. "The bottom line is it's fairly wet in the north
Gold futures in New York held steady early on Tuesday but trading was very subdued after one floor broker was taken ill at the exchange, halting dealings temporarily in all New York commodities, floor sources said. A slightly lower dollar was supporting m
Farrukh Brothers was established in the year 1985, and a family owned enterprises with textile related filed experience. We belong to one of prominent business family in PAKISTAN some of whom are icons in the textile sector. We specialise in open-end spin
Agar International Pvt Ltd, and it's affiliated companies, have been conducting business of import, distribution and wholesale of Petrochemicals, Agricultural Commodities, Iron/Steel, bulk chemicals, spices and food products on a large scale for the past
Although Poland and Pakistan established diplomatic relations in 1962 but since 1948, Pakistan and Poland have shared deep-rooted political and business relations. Very few people are aware that one of our Air Commodore Mr Wladyslaw Turowicz was a Polish
It is a great honour and pleasure for me to extend my views on the auspicious occasions of Poland - the 214th anniversary of the proclamation of May 3 constitution - the national day of Poland, Poland's 1st anniversary of EU membership and the 60th annive
It is an honour and privilege for me to address you on three very important events for Poland: the 214th anniversary of the proclamation of May 3 Constitution- our national day, Poland's 1st anniversary of EU membership - 1st May and the 60th anniversary
I am delighted to assume the charge of the Ambassador of the Republic of Poland to the Islamic Republic of Pakistan on August 25th 2004. Poland and Pakistan have always enjoyed affable ties since long. On the auspicious occasion of the anniversary of prom
When prime minister Indira Gandhi and foreign minister Swaran Singh came to Washington, the Nixon Administration counselled non-intervention, but assumed that India planned to go to war, according to declassified documents. The Nixon Administration was no
As many as 35 activists of Pakistan Peoples Party Parliamentarian (PPPP) have yet not been released. A total of 520 workers were arrested on arrival of PPPP leader Asif Ali Zardari in the Country recently.
Under the directives of the Punjab chief minister all district price control committees are being made more effective and purposeful in the province. Official sources told Business Recorder on Tuesday that the step has been taken for activating the
As a result of steps taken by the Punjab government during the last two years, the number of special children in government schools has increased by 20 percent and provision of government transport would further enhance this ratio. Punjab Minister for Bai
Federal Information Minister Sheikh Rashid Ahmad and Advisor to the Prime Minister on Finance, Revenue and Economic Affairs, Dr Salman Shah have appreciated recent steps taken by Lahore Electric Supply Company (Lesco) for the convenience of electricity co
Pakistan Railways has upgraded three passenger trains as express trains without increasing their speed, minimising their stops and reducing the duration of journey with effect from May 10. Now passengers would have to pay 20 to 45 percent more fare for di
The Pakistan National Commission for Unesco (PNCU) has won the significant prizes in the Children Festival - 2005, which was organised by the National Federation of Unesco Associations in Japan (NFUAJ) in collaboration with the Mitsubishi Impression Galle
Foreign Minister Khurshid Mehmood Kasuri left here on Tuesday for an official visit to Australia and New Zealand to discuss bilateral ties and regional and international issues. This will be the first ever visit by any foreign minister from Pakistan to th
The Lahore High Court (LHC), while calling a report from Punjab Zakat and Ushr administrator by May 26, has restrained the respondent from bringing any change in the sitting chairmen of the Zakat committees. The court passed these orders in a petition fil
JCR-VIS Credit Rating Company Ltd (JCR-VIS) has assessed National Investment Unit Trust (NIUT) performance ranking for the period ended December 31, 2004 at MFR-4(s) (four star), which denotes good performance vis-à-vis other open-ended mutual funds with
The first-ever mines rescue/safety and labour welfare centre will be operational shortly to provide prompt rescue and safety facilities to the miners in the time of accident and disaster. "The centre would be established at Darwazai in Orakzai Agency of t
The recently constituted Development Working Party (DWP) of the Capital Development Authority (CDA) approved seven projects worth Rs 200 million in its third meeting on Tuesday. However, two projects costing more than Rs 300 million were deferred due to l
The Sindh government will provide land for cottage and small industries at low-cost in various areas to promote industrialisation in the province. This was stated by Sindh CM's Advisor Waseem Akhtar while inaugurating the second international food technol
The Norwegian transnational mobile phone service has officially opened its commercial service in Gujrat on Tuesday. Since its launching two months ago, this was the eighth city in the country. Announcing this here, Helge Dietrichson, Communications Direct
Reduction in power, gas and other utilities tariffs, besides cut in taxation, would help in rapid industrialisation and would also provide a chance to compete in the international market, Rawalpindi Women Chamber of Commerce and Industry (RWCCI) President
Worldcall Telecom Limited is launching its Wireless Local Loop (WLL) services in Lahore soon. This was stated by a spokesman of Worldcall Telecom Limited here on Monday. The company organised a two-day training session for its franchise sales agents. The
JCR-VIS Credit Rating Company Ltd (JCR-VIS) has assessed National Investment Unit Trust (NIUT) performance ranking for the period ended December 31, 2004 at MFR-4(s) (four star), which denotes good performance vis-à-vis other open-ended mutual funds with
National Database Registration Authority (Nadra) on Tuesday announced to facilitate the general public by allowing them to use Form-B as reference for the registration of marriage, in case the age of bride is 16 to 18 years. According to a press release i
The International Federation of Journalists (IFJ), an organisation representing over 500,000 journalists worldwide, has expressed deep concern over the proposed Pakistan Electronic Media Regularity Authority (Pemra) Amendment Bill 2004. IFJ President Chri
Pakistan Muslim League President Chaudhry Shujaat Hussain would head the special committee for implementation of the 7th Wage Board Award for newspaper employees. This decision was unanimously reached at the National Assembly Standing Committee on Informa
The Anti-Narcotics Force (ANF) has arrested two persons for making a bid to smuggle 485kg of charas. ANF Joint Director Colonel Wasif Sajjad and Assistant Director Mubarak Ali while addressing a press conference here Monday said that ANF received a tip of
The rupee managed to hold on to its overnight levels in the open market on Tuesday on the buying and selling counters at Rs 60.10 and Rs 60.15, respectively. The rupee resisted its slide on easy supply of dollars, dealers said. They expected that the rupe
Punjab Food Department has procured 1.27 million tonnes of wheat against its target of 3.5 million tonnes for 2005-06, which is 37 percent of the target. Secretary Food Punjab, Shahid Hassan Raja told APP here on Tuesday that this year procurement campaig
There would be no major changes in the Haj policy for 2006, Secretary Ministry of Religious Affairs, Zakat and Ushr, Vakil Ahmed Khan said on Tuesday. "We would bring about some operational changes but as far as policy is concerned, it would remain the sa
Minister for Information and Broadcasting Sheikh Rashid Ahmed said on Tuesday the decision for conducting the local bodies elections would be taken soon. Replying to a question while talking to media-persons after inaugurating an exhibition here, he said,
Muttahida Majlis-i-Amal Deputy General Secretary Liaquat Baloch said the MMA and ARD have agreed upon three points. First, General Pervez Musharraf should resign and no political party should strike any deal with a military General or the establishment. S
The government should blacklist such tour operators and travel agents that had plundered the Haj pilgrims in the Private Hajj Scheme and violated the agreement and recovered the amount to compensate the affectees besides cancellation of their permission.
A two-member bench of the Supreme Court Tuesday dismissed eleven petitions filed by candidates for the posts of Additional District and Session Judges against Lahore High Court terming them non-maintainable under Article 184 (3). The Bench of the Apex Cou
A meeting of the treasury and opposition benches, convened by the Speaker NWFP Assembly Bakht Jehan Khan, failed to evolve consensus on the agenda of the requisitioned session of the assembly. The meeting of the treasury and opposition members of the NWFP
Foreign Minister Khurshid M. Kasuri on Tuesday eulogised the services of Sahabzada Yaqub Khan to Pakistan and the contribution he made to diplomacy and promotion of the national interest in challenging times. He made these remarks at the launching ceremon
The rupee managed to hold on to its overnight levels in the open market on Tuesday on the buying and selling counters at Rs 60.10 and Rs 60.15, respectively. The rupee resisted its slide on easy supply of dollars, dealers said. They expected that the rupe
Sindh Education Department (SED) and World Bank team have agreed to strengthen private sector in rural areas as part of the drive to bring three million out of school children under enrolment. Sindh Minister for Education and Literacy Dr Hamida Khuhro and
The company was incorporated in the province of Sindh on February 10, 1969 as a public limited company and its shares are quoted on Karachi and Lahore Stock Exchanges. Its registered office is situated at Lakson Square Building No 2 Sarwar Shaheed Road Ka
The Export Promotion Bureau (EPB) is to launch a campaign to apprise growers, ginners and spinners about the losses, which are being incurred due to the use of contaminated cotton in textile manufacturing for export. The EPB in a circular to textile assoc
The company was incorporated in the province of Sindh on February 10, 1969 as a public limited company and its shares are quoted on Karachi and Lahore Stock Exchanges. Its registered office is situated at Lakson Square Building No 2 Sarwar Shaheed Road Ka
Sindh Finance Minister Syed Sardar Ahmed on Tuesday said that a section of the press has published his statement in a misleading manner about the National Finance Commission (NFC) as he would still persist that the Sindh government wanted the NFC on multi
The company is a part of British American Tobacco, the world's top most international tobacco group, with brands sold in 180 markets around the world. Its operations in Pakistan began in 1947, making it one of Pakistan's first foreign investments. Through
Onion growers strongly resented the government decision to import vegetable - onion, garlic and tomatoes - from neighbouring countries at zero level custom duty and withholding tax, at a time when Sindh is expecting a bumper onion crop. The growers fear t
The company is a part of British American Tobacco, the world's top most international tobacco group, with brands sold in 180 markets around the world. Its operations in Pakistan began in 1947, making it one of Pakistan's first foreign investments. Through
The Sindh government on Wednesday in its cabinet meeting will consider legislation to ban sale and use of Gutka in the province. Syed Sardar Ahmed on Tuesday during question hour told parliamentarians that the use of Gutka could not be checked through sim
US authorities have launched a probe of reports that US soldiers were desecrating the Holy Quran at their detention camp for terror suspects in Guantanamo Bay, Cuba, an official said on Tuesday. A State Department official, who asked not to be named, conf