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Print - 2005-08-11
Second Sacosan to be held at Islamabad from November 21

Second Sacosan to be held at Islamabad from November 21

The 2nd South Asian Conference on Sanitation (Sacosan) will be held at Islamabad, on 21-23 November 2005. According to a source of Ministry of Environment, the overall goal of the Conference is to accelerate the progress of sanitation and hygiene work in
Published 11 Aug, 2005 12:00am
Elections Commission to ensure effective monitoring of polls

Elections Commission to ensure effective monitoring of polls

About 9,000 cards have been issued to various monitoring teams for ensuring effective monitoring of the forthcoming local government polls. Secretary Elections Commission of Pakistan Kunwar Muhammad Dilshad told PTV on Wednesday that Commonwealth (CW) obs
Published 11 Aug, 2005 12:00am
Comstech workshop

Comstech workshop

Comstech and (Islamic Educational, Scientific and Culture Organisation (IESCO) are jointly organising an international training workshop on 'Patent System' to be held at Hyderabad Sindh on December 02-04.
Published 11 Aug, 2005 12:00am
Open and Closed end mutual funds

Open and Closed end mutual funds

Open and closed end mutual funds from Al Meezan Investments Pure, Profit on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am
ARD plans to expose pre-poll rigging in local bodies' elections

ARD plans to expose pre-poll rigging in local bodies' elections

The Alliance for Restoration of Democracy (ARD) has decided to evolve an effective strategy in the All Parties Conference (APC) on Thursday to disclose and check the alleged pre-poll rigging in the Local government (LG) elections. The decision to discuss
Published 11 Aug, 2005 12:00am
Open and Closed end mutual funds

Open and Closed end mutual funds

Open and closed end mutual funds from Al Meezan Investments Pure, Profit on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am
Tasnim Noorani's services lauded

Tasnim Noorani's services lauded

Ahmad Kamal, former Chairman, Pakistan Textile Exporters Association (PTEA), Sh. Mukhtar Ahmad, Chairman Garment City, Faisalabad and former Chairman, PTEA and Faisalabad Dry Port Trust, Chaudhry Muhammad Siddique, former Chairman PTEA and Chairman.
Published 11 Aug, 2005 12:00am
Open and Closed end mutual funds

Open and Closed end mutual funds

Open and closed end mutual funds from Al Meezan Investments Pure, Profit on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am
ECP urged to ensure safety of women in local bodies' polls

ECP urged to ensure safety of women in local bodies' polls

The Civil Societies Alliance Wednesday demanded protection for women participating and voting in the upcoming local bodies' polls and demanded of the Election Commission of Pakistan (ECP) to declare results null and void in areas where women had been barr
Published 11 Aug, 2005 12:00am
Restructuring of federal hospitals' posts under study

Restructuring of federal hospitals' posts under study

The federal health ministry is contemplating to restructure posts of doctors and other relevant medical professionals serving at medical centres administered by it in different parts of the country.
Published 11 Aug, 2005 12:00am
Industrial production of citric acid: MoU signed

Industrial production of citric acid: MoU signed

The Pakistan Science Foundation (PSF), National Institute of Biotechnology and Genetic Engineering (NIBGE), Shafi-Resco-Chemical and Pakistan Atomic Energy Commission (PAEC) signed a memorandum of understanding (MoU) on Tuesday for "industrial production
Published 11 Aug, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am
Express trains to stop at Khairpur

Express trains to stop at Khairpur

The Pakistan Railways (PR) administration has allowed a two-minute stoppage to One-Up (Khyber Mail), 11-Up (Chenab Express) and 31-Up/32-Down (Balochistan Express) at Khairpur Railway Station.
Published 11 Aug, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am
PPMA member's kidnapping resented

PPMA member's kidnapping resented

Pakistan Pharmaceutical Manufacturers Association (PPMA), in its emergent meeting held here on Tuesday, expressed grave concern over the kidnapping of Mass Pharma chief executive, Kh Muhammad Akram.
Published 11 Aug, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am
ICCI to establish 'Food Mall' at Golra railway station

ICCI to establish 'Food Mall' at Golra railway station

Islamabad Chamber of Commerce and Industry (ICCI) has planned to establish a Food Mall in collaboration with the Pakistan Railways and Capital Development Authority (CDA) at Golra Railway Station heritage point. In a statement issued here on Wednesday ICC
Published 11 Aug, 2005 12:00am
International media, foreign observers to be invited to monitor LB polls

International media, foreign observers to be invited to monitor LB polls

Federal Information Minister Shaikh Rasheed Ahmed on Wednesday said government had decided to invite international media and foreign observers to monitor upcoming local bodies polls and adding asked opposition to prove its allegations of pre-poll rigging
Published 11 Aug, 2005 12:00am
$3 billion FDI to be attracted this year: Shaukat

$3 billion FDI to be attracted this year: Shaukat

Prime Minister Shaukat Aziz has expressed the confidence that Pakistan will attract $3 billion worth of foreign direct investment (FDI) during the current financial year.
Published 11 Aug, 2005 12:00am
Kashmiri refugees stage sit-in

Kashmiri refugees stage sit-in

Kashmiri refugees on Wednesday staged protest sit in against the non-payment of subsistence allowance for three months. Hundreds of enraged refugees carrying placards gathered in front of Central Press Club while chanting slogans against rehabilitation an
Published 11 Aug, 2005 12:00am
43 EoIs received for Javedan Cement

43 EoIs received for Javedan Cement

The Privatisation Commission has received 43 expressions of interest (EoIs) for 96.34 percent shares of Javedan Cement Limited (JCL) on 'as is where is' basis.
Published 11 Aug, 2005 12:00am
'Enough incentives given to achieve export target'

'Enough incentives given to achieve export target'

The government has given enough incentives to exporters to achieve the target of $17 billion during FY 2005-06, senior officials of Commerce Ministry told Business Recorder here on Wednesday.
Published 11 Aug, 2005 12:00am
KSE member penalised for insider trading

KSE member penalised for insider trading

The Securities and Exchange Commission of Pakistan (SECP) has penalised Alfalah Securities, a member of Karachi Stock Exchange (KSE), for its indulgence in insider trading in PTCL shares.
Published 11 Aug, 2005 12:00am
PLS accountholders dismayed over low rate of return

PLS accountholders dismayed over low rate of return

The PLS accountholders have expressed disappointment on the low rate of return for the six-month ended June 30, 2005 as announced by major banks, including Habib Bank, National Bank, MCB Bank Limited, United Bank and Allied Bank. They said the smaller ban
Published 11 Aug, 2005 12:00am
'InStyle Pakistan-2005' exhibition opens on September 21

'InStyle Pakistan-2005' exhibition opens on September 21

The foremost international textile and garment exhibition of Pakistan, InStyle Pakistan - 2005, is set to showcase the top quality value-added textile and garment produce of Pakistan in a big way this year. The exhibition, strengthened by a two-day confer
Published 11 Aug, 2005 12:00am
New SCCP chairman assumes office

New SCCP chairman assumes office

Engineer M.P Gangwani has taken over the charge of State Cement Corporation of Pakistan (SCCP) as chairman from Wednesday vide a notification of Ministry of Industries, Production and Special Initiatives. According to SCCP, Engr Gangwani had earlier serve
Published 11 Aug, 2005 12:00am
Cotton export up by 146 percent in 2004-05

Cotton export up by 146 percent in 2004-05

The export of cotton registered over 146 percent increase during 2004-05 compared to previous year. Total exports in the year stood at 0.538 million bales, against 0.218 million bales in 2003-04. Cotton trade sources said on Wednesday that the reason for
Published 11 Aug, 2005 12:00am
Cotton export up by 146 percent in 2004-05

Cotton export up by 146 percent in 2004-05

The export of cotton registered over 146 percent increase during 2004-05 compared to previous year. Total exports in the year stood at 0.538 million bales, against 0.218 million bales in 2003-04. Cotton trade sources said on Wednesday that the reason for
Published 11 Aug, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am
Cotton export up by 146 percent in 2004-05

Cotton export up by 146 percent in 2004-05

The export of cotton registered over 146 percent increase during 2004-05 compared to previous year. Total exports in the year stood at 0.538 million bales, against 0.218 million bales in 2003-04. Cotton trade sources said on Wednesday that the reason for
Published 11 Aug, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am
Two killed in Indian occupied Kashmir

Two killed in Indian occupied Kashmir

Suspected freedom fighters killed two Indian occupation soldiers and injured another in an ambush in the southern mountains of Indian occupied Kashmir, police said on Wednesday.
Published 11 Aug, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am
US judge denies bail to Pakistani Imam

US judge denies bail to Pakistani Imam

A US immigration judge denied bail to a Pakistani Imam living in California on Tuesday after hearing testimony that he was the contact man for a young Pakistani-American who trained at an al Qaeda camp.
Published 11 Aug, 2005 12:00am
India briefs China about gas pipeline

India briefs China about gas pipeline

A senior official of Indian Petroleum Ministry Talmiz Ahmed met his Chinese counterpart here on Wednesday and briefed him on latest position regarding the proposed Iran-Pakistan-India gas pipeline project.
Published 11 Aug, 2005 12:00am
''''Second eurobond may be issued on better terms''''

''''Second eurobond may be issued on better terms''''

Pakistan expects to issue its second eurobond on better terms than the country''''s recent forays into international capital markets, a senior government official said on Wednesday. Pakistan plans to finalise details of the issue in October and will sell
Published 11 Aug, 2005 12:00am
''Second eurobond may be issued on better terms''

''Second eurobond may be issued on better terms''

Pakistan expects to issue its second eurobond on better terms than the country''s recent forays into international capital markets, a senior government official said on Wednesday. Pakistan plans to finalise details of the issue in October and will sell eu
Published 11 Aug, 2005 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am
'Second eurobond may be issued on better terms'

'Second eurobond may be issued on better terms'

Pakistan expects to issue its second eurobond on better terms than the country's recent forays into international capital markets, a senior government official said on Wednesday. Pakistan plans to finalise details of the issue in October and will sell eur
Published 11 Aug, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (August 10, 2005).

Published 11 Aug, 2005 12:00am
'Second eurobond may be issued on better terms'

'Second eurobond may be issued on better terms'

Pakistan expects to issue its second eurobond on better terms than the country's recent forays into international capital markets, a senior government official said on Wednesday. Pakistan plans to finalise details of the issue in October and will sell eur
Published 11 Aug, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

The BMA-PGBI witnessed a slight decline and its value increased by 0.03% to close at 98.0602. The 8 to 20 years segment of the yield curve witnessed buying interest and its yield decreased by approximately 2 basis points.

Published 11 Aug, 2005 12:00am
Nepal army searches for 75 soldiers missing after deadly clash

Nepal army searches for 75 soldiers missing after deadly clash

Nepal's army searched in driving monsoon rains on Wednesday for 75 soldiers missing after a major attack by Maoist rebels as the UN urged the guerrillas to treat any captives humanely, the military and a report said Wednesday.
Published 11 Aug, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

The BMA-PGBI witnessed a slight decline and its value increased by 0.03% to close at 98.0602. The 8 to 20 years segment of the yield curve witnessed buying interest and its yield decreased by approximately 2 basis points.

Published 11 Aug, 2005 12:00am
KSE Board opposed to naming of members without concrete evidence

KSE Board opposed to naming of members without concrete evidence

The Board of Directors of Karachi Stock Exchange (KSE) has opposed the appearance of names of the members of the Exchange, without any concrete evidence, and said that in order to mitigate risk management it was on the path to replace circuit breakers and
Published 11 Aug, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

The BMA-PGBI witnessed a slight decline and its value increased by 0.03% to close at 98.0602. The 8 to 20 years segment of the yield curve witnessed buying interest and its yield decreased by approximately 2 basis points.

Published 11 Aug, 2005 12:00am
KSE Board opposed to naming of members without concrete evidence

KSE Board opposed to naming of members without concrete evidence

The Board of Directors of Karachi Stock Exchange (KSE) has opposed the appearance of names of the members of the Exchange, without any concrete evidence, and said that in order to mitigate risk management it was on the path to replace circuit breakers and
Published 11 Aug, 2005 12:00am
ISE stays bearish

ISE stays bearish

Equities continued to show negative signs at the Islamabad Stock Exchange (ISE) where bears stayed in the driving seat amid decrease in index. ISE Network index showed a decrease of 139.79 points as the rate-based indicator moved from 11,184.11 to 11,044.
Published 11 Aug, 2005 12:00am
ISE stays bearish

ISE stays bearish

Equities continued to show negative signs at the Islamabad Stock Exchange (ISE) where bears stayed in the driving seat amid decrease in index. ISE Network index showed a decrease of 139.79 points as the rate-based indicator moved from 11,184.11 to 11,044.
Published 11 Aug, 2005 12:00am
LSE index sheds 65.99 points

LSE index sheds 65.99 points

Led by petroleum sector shares, equities further eroded values for the third consecutive day on Lahore Stock Exchange (LSE) on account of lacking interest on the part of investors who remained on the sidelines.
Published 11 Aug, 2005 12:00am
LSE index sheds 65.99 points

LSE index sheds 65.99 points

Led by petroleum sector shares, equities further eroded values for the third consecutive day on Lahore Stock Exchange (LSE) on account of lacking interest on the part of investors who remained on the sidelines.
Published 11 Aug, 2005 12:00am
President seeks academics' support to combat extremism

President seeks academics' support to combat extremism

President Pervez Musharraf on Wednesday said that Pakistan "is committed to rooting out" extremism through prudent approach in accordance with the country's ground realities, and sought academicians' support in addressing this sensitive issue.
Published 11 Aug, 2005 12:00am
President seeks academics' support to combat extremism

President seeks academics' support to combat extremism

President Pervez Musharraf on Wednesday said that Pakistan "is committed to rooting out" extremism through prudent approach in accordance with the country's ground realities, and sought academicians' support in addressing this sensitive issue.
Published 11 Aug, 2005 12:00am
Japan resumes yen loans

Japan resumes yen loans

After seven-year suspension, the Japanese government on Wednesday resumed yen loan under ''Overseas Development Assistance'' (ODA) by extending two loans and three grants of $167 million for water and power and health sector projects.
Published 11 Aug, 2005 12:00am
Japan resumes yen loans

Japan resumes yen loans

After seven-year suspension, the Japanese government on Wednesday resumed yen loan under 'Overseas Development Assistance' (ODA) by extending two loans and three grants of $167 million for water and power and health sector projects.
Published 11 Aug, 2005 12:00am
Japan resumes yen loans

Japan resumes yen loans

After seven-year suspension, the Japanese government on Wednesday resumed yen loan under 'Overseas Development Assistance' (ODA) by extending two loans and three grants of $167 million for water and power and health sector projects.
Published 11 Aug, 2005 12:00am
345 industrial units to pay zero sales tax on power bills

345 industrial units to pay zero sales tax on power bills

The Central Board of Revenue (CBR) will levy sales tax at the rate of zero-percent on electricity being consumed by manufacturers of textile products, leather items, carpets, sports goods and surgical instruments. The decision has been taken to reduce the
Published 11 Aug, 2005 12:00am
345 industrial units to pay zero sales tax on power bills

345 industrial units to pay zero sales tax on power bills

The Central Board of Revenue (CBR) will levy sales tax at the rate of zero-percent on electricity being consumed by manufacturers of textile products, leather items, carpets, sports goods and surgical instruments. The decision has been taken to reduce the
Published 11 Aug, 2005 12:00am
345 industrial units to pay zero sales tax on power bills

345 industrial units to pay zero sales tax on power bills

The Central Board of Revenue (CBR) will levy sales tax at the rate of zero-percent on electricity being consumed by manufacturers of textile products, leather items, carpets, sports goods and surgical instruments. The decision has been taken to reduce the
Published 11 Aug, 2005 12:00am
345 industrial units to pay zero sales tax on power bills

345 industrial units to pay zero sales tax on power bills

The Central Board of Revenue (CBR) will levy sales tax at the rate of zero-percent on electricity being consumed by manufacturers of textile products, leather items, carpets, sports goods and surgical instruments. The decision has been taken to reduce the
Published 11 Aug, 2005 12:00am
Minfal opposes cotton hedge trading

Minfal opposes cotton hedge trading

The Ministry of Food, Agriculture and Livestock (Minfal) has strongly opposed hedge trading in cotton and cautioned the government that this mode of trade would hurt majority of the stakeholders of the cotton sector, it is learnt.
Published 11 Aug, 2005 12:00am