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Print - 2005-05-31
Import of 20,000 tractors under study

Import of 20,000 tractors under study

The government is considering import of 20,000 tractors in 'Complete Completely Built' (CBU) condition to bridge the gap between demand and production, keeping in view the scandalous import of same number of tractors during the tenure of Benazir Bhutto, s
Published 31 May, 2005 12:00am
France offers 2.19 million tonnes wheat

France offers 2.19 million tonnes wheat

French grain office ONIC received offers to sell 76,379 tonnes of wheat into intervention stores last week, ONIC data showed on Monday. Net grain offers now totalled 2.49 million tonnes, comprising 2.19 million tonnes of wheat, 229,448 tonnes of barley an
Published 31 May, 2005 12:00am
All set for NRL bidding today

All set for NRL bidding today

Eleven pre-qualified parties will submit their bids on Tuesday for the purchase of 51 percent (33,985,788 shares) equity stake in the National Refinery Limited (NRL) together with management control, Privatisation Commission (PC) announced here on Monday.
Published 31 May, 2005 12:00am
All set for NRL bidding today

All set for NRL bidding today

Eleven pre-qualified parties will submit their bids on Tuesday for the purchase of 51 percent (33,985,788 shares) equity stake in the National Refinery Limited (NRL) together with management control, Privatisation Commission (PC) announced here on Monday.
Published 31 May, 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 31 May, 2005 12:00am
Pak-India talks on water issues begin today

Pak-India talks on water issues begin today

Pakistan and India are holding another round of talks in New Delhi from Tuesday in a bid to resolve water-related disputes between the two countries under the Indus Waters Treaty. Indus Water Commissioner of Pakistan Syed Jamaat Ali Shah told Business
Published 31 May, 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 31 May, 2005 12:00am
Pak-India talks on water issues begin today

Pak-India talks on water issues begin today

Pakistan and India are holding another round of talks in New Delhi from Tuesday in a bid to resolve water-related disputes between the two countries under the Indus Waters Treaty. Indus Water Commissioner of Pakistan Syed Jamaat Ali Shah told Business
Published 31 May, 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 Monday (May 30, 2005).

Published 31 May, 2005 12:00am
Pak-India talks on water issues begin today

Pak-India talks on water issues begin today

Pakistan and India are holding another round of talks in New Delhi from Tuesday in a bid to resolve water-related disputes between the two countries under the Indus Waters Treaty. Indus Water Commissioner of Pakistan Syed Jamaat Ali Shah told Business
Published 31 May, 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 Monday (May 30, 2005).

Published 31 May, 2005 12:00am
Fazal Mahmood passes away

Fazal Mahmood passes away

A legend of Pakistan cricket, Fazal Mahmood, known locally as the "Hero of the Oval", died at home here after suffering a heart attack, his family said on Monday. He was 78. Mahmood was famed for taking 12 wickets in each of Pakistan's first two wins duri
Published 31 May, 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 Monday (May 30, 2005).

Published 31 May, 2005 12:00am
Fazal Mahmood passes away

Fazal Mahmood passes away

A legend of Pakistan cricket, Fazal Mahmood, known locally as the "Hero of the Oval", died at home here after suffering a heart attack, his family said on Monday. He was 78. Mahmood was famed for taking 12 wickets in each of Pakistan's first two wins duri
Published 31 May, 2005 12:00am
All set for NRL bidding today

All set for NRL bidding today

Eleven pre-qualified parties will submit their bids on Tuesday for the purchase of 51 percent (33,985,788 shares) equity stake in the National Refinery Limited (NRL) together with management control, Privatisation Commission (PC) announced here on Monday.
Published 31 May, 2005 12:00am
Import of 20,000 tractors under study

Import of 20,000 tractors under study

The government is considering import of 20,000 tractors in 'Complete Completely Built' (CBU) condition to bridge the gap between demand and production, keeping in view the scandalous import of same number of tractors during the tenure of Benazir Bhutto, s
Published 31 May, 2005 12:00am
Import of 20,000 tractors under study

Import of 20,000 tractors under study

The government is considering import of 20,000 tractors in ''Complete Completely Built'' (CBU) condition to bridge the gap between demand and production, keeping in view the scandalous import of same number of tractors during the tenure of Benazir Bhutto,
Published 31 May, 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 Monday (May 30, 2005).

Published 31 May, 2005 12:00am
Iraq suicide attacks kill 27

Iraq suicide attacks kill 27

A double suicide bombing killed at least 27 people in a Shia town near the Iraqi capital on Monday, while US forces released a Sunni political leader they had detained "by mistake". Iraqi and US troops with sniffer dogs, meanwhile, scoured Baghdad's infam
Published 31 May, 2005 12:00am
Iraq suicide attacks kill 27

Iraq suicide attacks kill 27

A double suicide bombing killed at least 27 people in a Shia town near the Iraqi capital on Monday, while US forces released a Sunni political leader they had detained "by mistake". Iraqi and US troops with sniffer dogs, meanwhile, scoured Baghdad's infam
Published 31 May, 2005 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (May 30, 2005).
Published 31 May, 2005 12:00am
6th NFC Award: provinces give full mandate to President

6th NFC Award: provinces give full mandate to President

Intervention by presidency on Monday brought the provinces to an agreeable position on the Sixth National Finance Commission (NFC) Award. At a meeting in the presidency, representatives of the provinces gave President Pervez Musharraf full mandate that he
Published 31 May, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (May 30, 2005).

Published 31 May, 2005 12:00am
6th NFC Award: provinces give full mandate to President

6th NFC Award: provinces give full mandate to President

Intervention by presidency on Monday brought the provinces to an agreeable position on the Sixth National Finance Commission (NFC) Award. At a meeting in the presidency, representatives of the provinces gave President Pervez Musharraf full mandate that he
Published 31 May, 2005 12:00am
6th NFC Award: provinces give full mandate to President

6th NFC Award: provinces give full mandate to President

Intervention by presidency on Monday brought the provinces to an agreeable position on the Sixth National Finance Commission (NFC) Award. At a meeting in the presidency, representatives of the provinces gave President Pervez Musharraf full mandate that he
Published 31 May, 2005 12:00am
Morocco to import 4.9 million tonnes cereals

Morocco to import 4.9 million tonnes cereals

Morocco will import 4.9 million tonnes of cereals over the next 12 months, including 2.3 million tonnes of soft wheat, to cover a drought-induced shortfall in domestic production, the Agriculture Ministry said on Monday. The import figure marks a rise of
Published 31 May, 2005 12:00am
July-April imports surge to $16.37 billion

July-April imports surge to $16.37 billion

Pakistan's total imports touched $16.37 billion during 10 months (July-April) of the ongoing fiscal year 2004-05 with machinery occupying a major share of $4.52 billion (27.6 percent). Total imports showed an increase of 36.36 percent against $12 billion
Published 31 May, 2005 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 45,012 tonnes of cargo including 30,967 tonnes import and 14,045 tonnes export cargo including 1,367 containers during last 24 hours ending at 0700 hours on Monday. The cargo comprised of 32,977 tonnes dry cargo including 27,188 t
Published 31 May, 2005 12:00am
July-April imports surge to $16.37 billion

July-April imports surge to $16.37 billion

Pakistan's total imports touched $16.37 billion during 10 months (July-April) of the ongoing fiscal year 2004-05 with machinery occupying a major share of $4.52 billion (27.6 percent). Total imports showed an increase of 36.36 percent against $12 billion
Published 31 May, 2005 12:00am
Brazilian sugar vessels lineup rises

Brazilian sugar vessels lineup rises

The lineup of vessels to load sugar in Brazilian ports rose to 47 on May 25 from 34 the previous week, shipping agent Williams said. In a weekly report, Williams said 27 vessels were lined up in the southern port of Santos, up from 14 last week. In the no
Published 31 May, 2005 12:00am
July-April imports surge to $16.37 billion

July-April imports surge to $16.37 billion

Pakistan''s total imports touched $16.37 billion during 10 months (July-April) of the ongoing fiscal year 2004-05 with machinery occupying a major share of $4.52 billion (27.6 percent). Total imports showed an increase of 36.36 percent against $12 billion
Published 31 May, 2005 12:00am
Grain exports from port of Rouen

Grain exports from port of Rouen

Grain exports from the French port of Rouen totalled 501,627 tonnes for May 1-25, including 396,714 tonnes of wheat and 104,913 of barley, port officials said on Monday. That compared with total grain exports of 570,000 tonnes in the whole of May last yea
Published 31 May, 2005 12:00am
KSE-SECP meeting news boosts share prices

KSE-SECP meeting news boosts share prices

The share market bounced back on Monday as financial institutions and leading brokerage houses placed fresh deals in the investment and trading stocks, helping the index to gain sharply on first day of the new week. The KSE-100 index during the initial ho
Published 31 May, 2005 12:00am
Singapore bunker fuel prices down

Singapore bunker fuel prices down

Singapore bunker prices eased on Monday, despite higher fuel oil cargo values and with the bunker/cargo premium narrowing, dealers said. Prices for 380-centistoke (cst) bunker fuel were pegged at $247-$249 a tonne, down $1 from Friday, with the bunker pre
Published 31 May, 2005 12:00am
KSE-SECP meeting news boosts share prices

KSE-SECP meeting news boosts share prices

The share market bounced back on Monday as financial institutions and leading brokerage houses placed fresh deals in the investment and trading stocks, helping the index to gain sharply on first day of the new week. The KSE-100 index during the initial ho
Published 31 May, 2005 12:00am
Santos port movement sets April record

Santos port movement sets April record

Brazil's main port of Santos moved nearly 5.8 million tonnes in general cargo in April, a record for the month and up 7.6 percent from April in 2004, the Port Authority Codesp said. April imports of almost 1.6 million tonnes fell a fraction from last year
Published 31 May, 2005 12:00am
KSE-SECP meeting news boosts share prices

KSE-SECP meeting news boosts share prices

The share market bounced back on Monday as financial institutions and leading brokerage houses placed fresh deals in the investment and trading stocks, helping the index to gain sharply on first day of the new week. The KSE-100 index during the initial ho
Published 31 May, 2005 12:00am
South African first quarter gold output falls

South African first quarter gold output falls

Gold output in South Africa, the world's biggest producer, extended its decline in the first quarter, falling 12.8 percent year-on-year, the Chamber of Mines said on Monday. Production fell to 73.8 tonnes (2.37 million ounces) during the first three month
Published 31 May, 2005 12:00am
Jamaat-i-Islami Karachi Naib Amir shot dead

Jamaat-i-Islami Karachi Naib Amir shot dead

Former member of the National Assembly and Jamaat-i-Islami Karachi Naib Amir Aslam Mujahid was kidnapped and later shot dead, police and sources said. His bullet-riddled body was later recovered near the Government Degree College, Korangi, in the jurisdic
Published 31 May, 2005 12:00am
Global sugar deficit forecast rises

Global sugar deficit forecast rises

Paris-based brokerage J.Kingsman on Friday sharply raised its forecast for the global 2005/06 world sugar deficit to 1.9 million tonnes from its previous forecast of a deficit of 0.25 million tonnes. Kingsman's estimate for the world sugar deficit in 2004
Published 31 May, 2005 12:00am
Jamaat-i-Islami Karachi Naib Amir shot dead

Jamaat-i-Islami Karachi Naib Amir shot dead

Former member of the National Assembly and Jamaat-i-Islami Karachi Naib Amir Aslam Mujahid was kidnapped and later shot dead, police and sources said. His bullet-riddled body was later recovered near the Government Degree College, Korangi, in the jurisdic
Published 31 May, 2005 12:00am
German wheat offers reach 3,109,000 tonnes

German wheat offers reach 3,109,000 tonnes

German farmers have offered 133,000 tonnes of wheat for European Union intervention subsidies since May 24, bringing total offers this season to 3,109,000 tonnes, state purchasing agency BLE said on Monday. Market observers had expected large volumes to b
Published 31 May, 2005 12:00am
Sindh Assembly session to begin on June 2

Sindh Assembly session to begin on June 2

The requisitioned session of the Sindh Assembly will begin at 9:30am on Tuesday, a private members' day, which in due course of time is expected to take up a large number of resolutions and adjournment motions the opposition has submitted. Opposition memb
Published 31 May, 2005 12:00am
Thai rice futures rise, volume up

Thai rice futures rise, volume up

Thai rice futures rose on Monday following recent falls, supported by talk of ships waiting for loading, brokers said. Overall volume rose as 64 contracts of 5 percent white rice were traded compared to Friday's 29. The most active July contract settled a
Published 31 May, 2005 12:00am
Government slammed for failing to check price hike

Government slammed for failing to check price hike

Speakers at a pre-budget seminar organised by the women's wing of the Pakistan Peoples' Party (PPP) held at a local hotel on Monday criticised the government for its failure to check price increase of all daily use articles. V.A. Jafri, former advisor on
Published 31 May, 2005 12:00am
India discounts wheat imports on good stocks

India discounts wheat imports on good stocks

India is unlikely to buy wheat as the country has sufficient grain stocks and production is expected to match last year's level despite lower government purchases, officials and analysts said on Monday. Officials said wheat output this year was expected t
Published 31 May, 2005 12:00am
Ministries to have security officers network

Ministries to have security officers network

The government is establishing a network of security officers in all its ministries, divisions and departments with a task to ensure security of classified documents in its departments. The interior ministry has issued a notification to all government off
Published 31 May, 2005 12:00am
Argentine soya crop seen at 38 million tonnes: USDA attache

Argentine soya crop seen at 38 million tonnes: USDA attache

Argentina will produce an estimated 38 million tonnes of soyabeans in the 2005/06 crop year, according to a report by a US Agriculture Department attache made public on Thursday. The attache also forecast a 2004/05 Argentina soyabean crop of 39 million to
Published 31 May, 2005 12:00am
Step to curb smuggling: duty cut on 100 items likely in budget

Step to curb smuggling: duty cut on 100 items likely in budget

The Central Board of Revenue (CBR) is examining a list of 100 major smuggling-prone items for reducing customs duty on their import in 2005-06 budget. The comparison of Afghanistan and Pakistan tariffs structure shows that cumulative incidence of taxes on
Published 31 May, 2005 12:00am
Cuban sugar crop slumps to 1.3 million tonnes

Cuban sugar crop slumps to 1.3 million tonnes

Cuba has ended the worst sugar harvest in a century with output down more than 40 percent from the previous harvest at around 1.3 million tonnes, sources close to the industry said over the weekend. "Only one of 13 sugar-producing provinces, Villa Clara,
Published 31 May, 2005 12:00am
Step to curb smuggling: duty cut on 100 items likely in budget

Step to curb smuggling: duty cut on 100 items likely in budget

The Central Board of Revenue (CBR) is examining a list of 100 major smuggling-prone items for reducing customs duty on their import in 2005-06 budget. The comparison of Afghanistan and Pakistan tariffs structure shows that cumulative incidence of taxes on
Published 31 May, 2005 12:00am
Cocoa smuggling from Ivory Coast falls

Cocoa smuggling from Ivory Coast falls

Less cocoa has been smuggled from Ivory Coast to neighbouring Ghana this season as there is less money to be made from contraband and production in both countries is lower than last year, exporters and analysts say. Ivory Coast, the world's biggest cocoa
Published 31 May, 2005 12:00am
Step to curb smuggling: duty cut on 100 items likely in budget

Step to curb smuggling: duty cut on 100 items likely in budget

The Central Board of Revenue (CBR) is examining a list of 100 major smuggling-prone items for reducing customs duty on their import in 2005-06 budget. The comparison of Afghanistan and Pakistan tariffs structure shows that cumulative incidence of taxes on
Published 31 May, 2005 12:00am
Shanghai copper futures down

Shanghai copper futures down

Chinese copper futures ended down in thin trade on Monday, pressured by a stronger dollar, as market holidays in London and New York kept trading muted in Shanghai. The most active July contract ended at 31,020 yuan ($3,748), down 140 yuan from Friday's c
Published 31 May, 2005 12:00am
All set for NRL bidding today

All set for NRL bidding today

Eleven pre-qualified parties will submit their bids on Tuesday for the purchase of 51 percent (33,985,788 shares) equity stake in the National Refinery Limited (NRL) together with management control, Privatisation Commission (PC) announced here on Monday.
Published 31 May, 2005 12:00am
Brazil coffee rain to ease apart from Minas forest

Brazil coffee rain to ease apart from Minas forest

Scattered showers at the start of the week will fade in coming days except in the forested zone of Minas Gerais where harvesting may be disrupted, private forecasters Somar said on Monday. Robusta harvesting is in full swing in Roraima and Espirito Santo
Published 31 May, 2005 12:00am
Asian currencies: baht recovers from six-month low, rupiah falls

Asian currencies: baht recovers from six-month low, rupiah falls

The Thai baht gained on Monday, recovering from a six-month low, after the government said it plans to take further action to check oil imports and rein in widening trade and currency account gaps. The Indonesian rupiah weakened as oil prices crept higher
Published 31 May, 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 31 May, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (May 30) and for Tuesday (May 29, 2005).
Published 31 May, 2005 12:00am
INTERNATIONAL TENDERS

INTERNATIONAL TENDERS

Export Promotion Bureau has received the following International Tenders from abroad. 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 Region
Published 31 May, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (May 30, 2005).

Published 31 May, 2005 12:00am
Pakistan never supported Kashmir autonomy: foreign office

Pakistan never supported Kashmir autonomy: foreign office

A Foreign Office spokesman has rejected suggestions that Pakistan had at any time deviated from its stand on Kashmir and supported a solution that gave autonomy or semi-autonomous status to the disputed area. Answering questions at his weekly news confere
Published 31 May, 2005 12:00am
Key stock market movements at 1700 GMT on May 30

Key stock market movements at 1700 GMT on May 30

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 31 May, 2005 12:00am
MMA to decide about NSC meeting participation today

MMA to decide about NSC meeting participation today

Faced with a sharp divide in its ranks on whether or not to take part in the National Security Council (NSC) meetings, the Muttahida Majlis-e-Amal's top leadership will meet on Tuesday to take a final decision on the issue. Observers feel that it is most
Published 31 May, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (May 30, 2005).

Published 31 May, 2005 12:00am
Punjab PML to launch 'Green Pakistan' drive

Punjab PML to launch 'Green Pakistan' drive

Pakistan Muslim League Punjab has decided to launch "Green Pakistan" campaign to fight against environment pollution and start plantation drive to make the province green, said Shahid Riaz Satti, senior PML leader here on Monday. "Major rise in factories,
Published 31 May, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (May 30, 2005).

Published 31 May, 2005 12:00am
Youths inspired by advertisement start smoking

Youths inspired by advertisement start smoking

Twenty-seven percent young smokers have started smoking after being inspired by cigarette advertisement in media and roadside billboards, says a survey report. According to report of the Network for Consumer Protection, the dangerous trend of attracting y
Published 31 May, 2005 12:00am
The Weather

The Weather

The weather report on Monday (May 30) and the forecast for Tuesday (May 31, 2005).
Published 31 May, 2005 12:00am
Dutch NGO to help EDB in developing engineering industry

Dutch NGO to help EDB in developing engineering industry

The Engineering Development Board (EDB) and Programma Ultzending Managers (PUM), an NGO of Netherlands, will co-operate in developing the engineering industry in Pakistan. This was decided in a meeting here on Monday between Imtiaz A Rastgar, Vice Chairma
Published 31 May, 2005 12:00am
President and Prime Minister's visits abroad

President and Prime Minister's visits abroad

The Foreign Office on Monday announced the schedule of coming visits abroad by President Pervez Musharraf and Prime Minister Shaukat Aziz next month. At his weekly briefing, FO spokesman Jalil Abbas Jilani said that President Musharraf would visit United
Published 31 May, 2005 12:00am
Faridullah laid to rest

Faridullah laid to rest

Former federal minister and elder of Ah-Madzai Wazir tribe Malik Faridullah Khan, who was killed along with two tribal elders by some unknown assailants, was laid to rest in his ancestor graveyard Sadravan Bannu on Monday. Commander Khalilur Rehman, NWFP
Published 31 May, 2005 12:00am
Education sector to get Rs 11 billion in budget

Education sector to get Rs 11 billion in budget

The ministry of education has proposed a meaningful increase of 155 percent in public sector development programme (PSDP) 2005-06 for improvement of education sector. Besides this, federal directorate of education (FDE) has been directed to fill 329 posts
Published 31 May, 2005 12:00am
Industrial liaison secretariat set up

Industrial liaison secretariat set up

An Industrial Liaison Secretariat has been setup at Higher Education Commission (HEC) to develop co-operation between academia and industry for capitalising emerging international demands for products and processes. The Secretariat will serve as a catalys
Published 31 May, 2005 12:00am
KCCI town association poll on June 11

KCCI town association poll on June 11

Two candidates are in run for one vacant seat of the Town Association for the year 2005-06 of the Karachi Chamber of Commerce and Industry (KCCI). Candidates, who are contesting election, include Shahid Ismail from Federal B. Area Association of Trade and
Published 31 May, 2005 12:00am
FM service useful in promoting education: Pemra

FM service useful in promoting education: Pemra

The issuance of FM licences is promoting education and awareness at the grassroots level, said Chairman, Pakistan Electronic Media Regulatory Authority (Pemra), Iftikhar Rashid. Addressing a FM Radio licence award ceremony here on Monday, he said, the Pem
Published 31 May, 2005 12:00am
Government wants to make PU a centre of excellence: Punjab governor

Government wants to make PU a centre of excellence: Punjab governor

Punjab Governor Lieutenant General Khalid Maqbool, who is also Chancellor of the Punjab University, has said the government wants to make the Punjab University as centre of excellence in every discipline by disallowing any kind of political activity on th
Published 31 May, 2005 12:00am
Far-reaching steps to promote education: minister

Far-reaching steps to promote education: minister

Minister Health Punjab, Dr Tahir Ali Javed has said that provincial government is taking far-reaching steps to promote education sector by extending the most modern education facilities. He expressed these views while addressing the closing session of edu
Published 31 May, 2005 12:00am
Teachers urged to improve performance

Teachers urged to improve performance

Punjab Minister for Education, Mian Imran Masood has said the government was equipping the teachers with every possible facility so that they could perform their duties with full devotion and dedication and government's educational projects worth millions
Published 31 May, 2005 12:00am
Jawad to set up community centres

Jawad to set up community centres

Singer Jawad Ahmad has announced to set up community centre for the welfare of common people in various under privileged areas of the country. While addressing the annual function of a school here at Alhamra Arts Centre, Jawad said that people living in l
Published 31 May, 2005 12:00am
'NAB pushes for anti-money laundering laws'

'NAB pushes for anti-money laundering laws'

National Accountability Bureau (NAB) was pushing the government to pass necessary laws relating to anti-money laundering, said Chairman NAB Lieutenant General Munir Hafeez here on Monday. While inaugurating the MTRAC & Associates (Pvt) Limited, the first
Published 31 May, 2005 12:00am
BIPAP exhibition

BIPAP exhibition

Business Industry Promotion Association of Pakistan (BIPAP) is arranging 2nd National Business and Industry Exhibition 2005 in connection with Jashn-e-Azadi with the objective of exploring the potential and to promote local products. The exhibition will b
Published 31 May, 2005 12:00am
Entertainment company set up to highlight cultural identity

Entertainment company set up to highlight cultural identity

Punjab Chief Minister Chaudhry Pervaiz Elahi has said that Punjab Entertainment Company has been set up under private-public partnership, which would play an important role in highlighting our cultural identity and civilisation. He was addressing stone-la
Published 31 May, 2005 12:00am
Teams ordered to check overpricing at weekly bazars

Teams ordered to check overpricing at weekly bazars

The Punjab minister for the Chief Minister's inspection team, Colonel Shuja Khanzada (Retd) has directed the inspection teams all over the province to empower market supervisory teams to check prices and quality of goods and daily articles of use at Sunda
Published 31 May, 2005 12:00am
Punjab government providing funds to rehabilitate handicapped

Punjab government providing funds to rehabilitate handicapped

Minister for Bait-ul-Maal Punjab, Chaudhry Muhammad Ijaz Shafi has said that provincial government is providing maximum funds for the treatment and rehabilitation of handicapped persons so that they could become self-reliant, useful and active members of
Published 31 May, 2005 12:00am
Loans against Wapda converted into equity

Loans against Wapda converted into equity

The federal government has converted its loans of Rs 21.612 billion outstanding against Wapda into government of Pakistan (GoP)'s equity in Wapda. A notification for issuance of supplementary grant for conversion of GoP's outstanding loans against Wapda i
Published 31 May, 2005 12:00am
LHCBA demands trial of US military men

LHCBA demands trial of US military men

The Lahore High Court Bar Association (LHCBA) has demanded trial of the US military men involved in desecration of the Holy Quran in Pakistan. The bar in a meeting held with its president Fakharunnisa Khokhar in the chair, also called upon the government
Published 31 May, 2005 12:00am
Transfers and postings of 14 AD&SJs

Transfers and postings of 14 AD&SJs

The Chief Justice of the Lahore High Court (LHC) made transfers and postings among 14 additional district and sessions judges (AD&SJs). According to a notification, Additional District and Sessions Judge Abdul Majid has been transferred from Faisalabad to
Published 31 May, 2005 12:00am
Record rice export during 2004-05: Reap

Record rice export during 2004-05: Reap

Rice Exporters Association of Pakistan (Reap) Chairman Syed Najaf Hussain has said that rice exports during 2004-05 have beaten all previous records. The target set by Export Promotion Bureau (EPB) for rice industry was 665 million dollars, which was achi
Published 31 May, 2005 12:00am
Budget to be industrialist friendly

Budget to be industrialist friendly

Provincial Minister for Industries, Commerce and Investment, Muhammad Ajmal Cheema has said that Punjab budget for the year 2005-06 would be industrialist as well as workers friendly while working relationship between industrialists and workers would furt
Published 31 May, 2005 12:00am
Teams formed for gem stones exploration

Teams formed for gem stones exploration

Provincial Minister for Mines and Minerals Muhammad Sibtain Khan has said that there is great demand of gem stones in foreign countries, especially USA, Europe and Middle East, and our country could earn a huge foreign exchange by developing gem stones in
Published 31 May, 2005 12:00am
Mild weather forecast

Mild weather forecast

Weather in the provincial metropolis, like in most other parts of the province, especially upper Punjab, has been mild throughout the month of May, with local Met Office forecasting similar weather in the next few days. The average temperature during May
Published 31 May, 2005 12:00am
LCCI greets FIPCCI office-bearers

LCCI greets FIPCCI office-bearers

The Lahore Chamber of Commerce & Industry (LCCI) President Mian Misbahur Rehman, Senior Vice President Sohail Lashari and Vice President Sheikh Muhammad Arshad, while hailing the formation of Federation of India-Pakistan Chambers of Commerce & Industry (F
Published 31 May, 2005 12:00am