Agfa-Gevaert stuck to a mixed forecast for 2005 after a lower-than-expected profit for the second quarter highlighted its struggle to improve margins amid high raw material costs and falling prices.
Ice cream has several connotations for people in different age groups. For the grown ups it is evoking memory of the childhood, for adults it is time to romance with the in thing and silly thoughts and for the children it is the flavoring of love and affe
Interbank buy/sell rates for the taka against the dollar on Sunday. 65.08/65.67 (previous 65.08/65.70). Call Money Rates: 5.0-16.5 percent (previous 5.0-16.0 percent).
Singapore share prices are expected to trade on a subdued note this week as investors begin to worry whether oil bills will eventually hit the corporate sector, dealers said. Fuelling the concerns is also the possibility of another hike in US interest rat
Australian share prices are expected to remain volatile this week after closing Friday ahead for the day but down for the week, dealers, dealers said. They said the week had seen a spate of full-year results, including Qantas and construction group Multip
One month after China revalued its currency, hopes for further appreciation of the yuan remain strong, attracting inflows of "hot money" into Hong Kong and pushing up the territory's Chinese stocks.
The London stock market will zero in on a batch of corporate results this week to provide direction, while a reading on British economic growth will give an additional focus, analysts said. The FTSE 100 index of leading London shares closed at 5,312.6 poi
US stock investors will watch oil prices and durable goods orders next week to discern the strength of corporate and consumer spending. Stocks, which have been resilient this summer as crude climbed above $60 a barrel, wavered this week after Wal-Mart Sto
Malaysian share prices are expected to consolidate further in the week ahead following a down-cycle as investors remain concerned about the impact of high oil prices, analysts said.
Hong Kong share prices are likely to face a volatile week on further profit-taking and are set to continue their correction following recent strong gains, dealers said. They said the stock market has suffered its worst performance in four months as invest
The yen gained ground against the dollar during the week, backed by a strong Japanese stock market, while the Aussie fell to one-month lows as the greenback strengthened.
Shares in EFG-Hermes and Raya Holding for Technology and Communications on Sunday dragged the benchmark Egyptian stock index to a 10-week closing low. Trading in National Societe Generale Bank (NSGB) was halted after the stock rose more than 10 percent on
Trading in Indian shares is likely to be choppy in the week ahead amid worry over higher oil prices and nervousness as Mumbai's benchmark Sensex index flirts with the key 8,000 level, dealers said.
Taiwan share prices are expected to be range-bound this week amid lingering concerns over record-high oil prices and the island's weak foreign trade surplus, dealers said. However, the government's decision to raise its official 2005 GDP forecast to 3.65
Indonesian share prices are expected to continue to weaken in the coming week amid an absence of positive leads and lingering concerns over fuel prices and a falling rupiah, dealers said Friday.
Japanese share prices are likely to hold firm this week as domestic investors return to the market from summer vacation, following recent signs the country's economy is on the mend, dealers said.
Learning from others and doing the same as your group or society may be a tendency not restricted to humans with new psychological research revealing socially conformist behaviour in chimpanzees, the science magazine Nature reported Sunday.
A US satellite has detected signs that North Korea recently restarted a reactor that could be used for the extraction of material to make nuclear warheads, a Japanese newspaper said on Sunday.
It was a scenario straight out of a Tom Clancy spy novel. The United States passed on intelligence to its allies that dangerous chemicals could be shipped from a Northeast Asian country to a port in the Arabian Gulf.
Egypt's largest opposition movement, the banned but tolerated Muslim Brotherhood, urged Sunday its supporters to vote out incumbent Hosni Mubarak in the September 7 presidential poll. Meanwhile, Mubarak kicked off his nation-wide campaign tour with a pled
A rocket attack which narrowly missed two US warships in Jordan may be a signal Iraq's al Qaeda leader Abu Musab al Zarqawi has opened a new front against Washington's closest Arab ally, security experts said on Sunday.
British police believe they have foiled a nerve gas attack by the Al-Qaeda terrorist network on the British parliament, the Sunday Times reported. The newspaper said the plot to target the House of Commons, or lower house, was prepared last year and had b
Influential Republican Sen. Chuck Hagel of Nebraska said on Sunday the longer the United States stayed bogged down in Iraq, the more it looked like another Vietnam. "What I think the White House does not yet understand and some of my colleagues, is the da
France, Germany, Italy and Spain offered Portugal help to battle forest fires raging across the country on Sunday after Lisbon made a request to the EU's executive Commission, officials and local media said.
Iran's hard-line President Mahmood Ahmadinejad put his proposed cabinet to parliament Sunday, lashing out at the West and liberalism and promising a government that will "promote virtue and prohibit vice."
Hundreds of soldiers flew to the West Bank Sunday to embark on the next phase of Israel's historic pullout from occupied Palestinian territory as security forces were wrapping up the eviction of settlers in the Gaza Strip.
An earthquake with a preliminary magnitude of 5.0 jolted northern Japan on Sunday, but there were no immediate reports of injuries or damage. No tsunami warning was issued after the quake, which occurred at 11:29 am (0229 GMT), the Meteorological Agency s
Israel's foreign ministry has boycotted Arabic satellite network al-Arabiya for taking a senior Israeli official off the air by request of a Lebanese commentator, a ministry spokesman said on Sunday.
Indian and Bangladesh border guards agreed Sunday to keep a cease-fire in place after earlier gunbattles reportedly injured two children. The cease-fire extension from Saturday followed three hours of talks between India's Border Security Force and the Ba
Chairman senate, Mohammedmian Soomro has promoted Raja Muhammad Amin as Additional Secretary (BS-21) in the Senate Secretariat. According to a press release, issued here on Sunday by the Senate Secretariat, Raja Muhammad Amin will continue to act as Secre
Chairman senate, Mohammedmian Soomro has promoted Raja Muhammad Amin as Additional Secretary (BS-21) in the Senate Secretariat. According to a press release, issued here on Sunday by the Senate Secretariat, Raja Muhammad Amin will continue to act as Secre
With the emerging global demand of organically produced food items, Pakistan has a variety of farms and farming practices, with great potential to avail the benefits accruing therefrom. Strangely enough, in organic farming agricultural commodities can be
China's top legislature, Standing Committee of the National People's Congress (NPC) during its six-day session, to be started here on Tuesday, will consider and approve a treaty of friendship with Pakistan.
Sales Tax on advances was introduced with the enforcement of Sales Tax Act, 1990. However, its implementation was a matter of dispute until November 2003 when the Supreme Court of Pakistan finally decided to set aside the judgement of the High Court in th
Once again Independence Day faded away after giving us fake and artificial jubilation. Many people were making signs of victory during the late night celebration mela full of noises, traffic jams and accidents incorporated with fights and damage intiated
The facts on 'KW&SB tax bills' highlighted by Abu Ali Ahmed in the Business Recorder of 14 August 2005, also focus KW&SB's own violation of Sindh Government's gazette notification read with letter of the Managing Director, Karachi Water and Sewerag
On the top of Alishan, or Mount Ali in central Taiwan, a sea of clouds and golden rays cover a clear blue sky as the early-morning sun emerges, eagerly awaited by several groups of Chinese tourists. Despite political tensions, Taiwan has become a popular
Pakistan, which at present, has nearly 10.5 million cell phone users, is said to have a potential to absorb up to 50 million mobile phone users in the next five years with an average of nearly one million connections per month. Currently six mobile compan
With the take-over of the Government by Zulfikar Ali Bhutto in early 1970s, the policy of socialization of the private assets commenced in the name of "nationalisation". In fact this was not nationalisation at all as no foreign asset, with the exception o
The capital market investors must have heaved a sigh of relief at the Prime Minister's intervention to restore normalcy and end the tug of war between the Securities and Exchange Commission of Pakistan and the brokers community. The daily trading volume h
The Pakistan People's Party (PPP) expressed the fear that the government was contemplating to change the form of government from parliamentary to presidential system through rigging in the local bodies elections.
Pakistan Railways (PR) administration has allowed a two-minute stoppage to 125-Up/126-Down, Lasani Express at Raya Khas. The decision will be effective immediately, said a spokesman of the railways here on Saturday.
A woman gave birth to quintuplet, including four girls and a boy baby in a local clinic here on Sunday morning. The delivery was supervised by a team of senior doctors headed by Gynecologist Dr Samina Khalid in Chenab Clinic, Jinnah Colony.
Rescue teams failed to find the bodies of a dejected woman and her two daughters however her another two daughters Kishwar (8) and Imrana (10 month) were saved by the rescue team in Jaranwala on Sunday some 140 miles north-east of Multan.
General Pervez Musharraf wants to reintroduce 'Basic Democracies System' as electoral college for a President-in-Uniform after 40 years to follow General Ayub Khan, but he must keep in mind that his tactics would bog him down further, Muttahida Majlis-e-A
The Minister of State for Information and Broadcasting, Senator Aneesa Zeb Tahirkhaili, has said that there cannot be rigging in the local bodies polls because the stakeholders are at the grass-roots level. She was talking to reporters after formally inau
National Assembly (NA) Speaker Chaudhry Amir Hussain on Sunday said the PML President Chaudhry Shujaat Hussain with the consensus of the senior party members would announce the names of the candidates for district and Tehsil Nazims of Sialkot district wit
Pakistan Telecommunication Authority (PTA) is organising a "Telecom Forum" on Monday at Quetta with an aim to discuss the development of telecom sector in Balochistan and to spread telecom services to far-off areas of the province. Balochistan Governor Ow
Leaders of United Muslim League have advised the opposition to gracefully accept their defeat and verdict of the people in local bodies election and appreciated the role of the Election Commission in the first phase of local bodies (LB) elections and reje
Pakistan has to step into the global food trade in a big way by fully exploiting its agriculture sector and switching over from the exports of raw to value added products. This was stated by Professor Dr Bashir Ahmad, vice-chancellor, University of Agricu
Board of Intermediate & Secondary Education (BISE) Multan on Saturday declared the results of FA, FSc. A total of 42,517 candidates applied for inter examinations but only 41,756 candidates appeared. Of them 23,356 were declared successful showing pass pe
The Met office has forecast cloudy weather with chances of drizzle in Karachi on Monday. The maximum temperature in the city is expected between 32 to 34 degree Celsius. Hot and dry weather would prevail over the rest of the region.
Pakistan Peoples Party (Sherpao) has won majority seats in the local government elections in the NWFP and anticipates to form district governments at a number of places. Party's provincial President Pervez Khattak and General Secretary Sikander Khan Sherp
The Customs staff posted at Karachi International Airport has seized about 8,000 counterfeit pirated English CDs which were brought from Kuala Lumpur, Malaysia, by flight MH160 under rush tags. This was stated in a press release of Pakistan Customs, Preve
The AKD Trade, first online brokerage firm in Pakistan, has signed an agreement with Dancom Pakistan (Pvt) Ltd, to provide AKD Trade customers with 64K DSL Internet/VPN connection at unbelievably discounted rates, said a statement on Sunday.
Sindh Advisor for Information, Salahuddin Haider, on Sunday expressed deepest regret at the unfortunate incident of maltreatment with journalists at the Governor House in Karachi on Sunday. In a statement issued here on Sunday, he described the incident o
A 15 years old boy drowned when a fishing boat capsized on Sunday in Hajamiro Creek near Keti Bunder, some 90km from here. According to details, fishermen were catching fish in the Hajamiro Creek, when one of their boats capsized due to strong winds, as a
A representative joint meeting of the Council of Pakistan Newspaper Editors, All Pakistan Newspapers Society and Pakistan Federal Union of Journalists on Sunday strongly condemned "the uncalled for, derogatory and humiliating attitude" of government offic
Bankers Skills Development Centre, established by Dr Ahsan H. Khan, a senior banker and former chief executive and director of UBL Assets Management Co, organised a seminar, "Interest-free Banking - from Concept to Action, at a local hotel in association
Federal Minister for Tourism Dr Ghazi Gulab Jamal has said that opening of tourism information center in Japan could play a vital role in the promotion of tourism and intended to open such centers in other Buddhist countries.
Appointments in Large Taxpayer Units (LTUs) and Medium Taxpayer Units (MTUs) on double pay, have caused unrest and disappointment in the field formations of Central Board of Revenue (CBR), as according to most of the senior officials of Income Tax Group,
Sindh government has provided Rs 50 million for establishment of Reform Support Unit (RSU), proposed by Sindh Minister for Education and Literacy Dr Hamida Khuhro for restructuring of Education and Literacy Department to improve its performance.
Chairman, Senate Foreign Relations Committee and Pakistan's representative to Commission of Eminent Persons to the OIC Mushahid Hussain on Sunday welcomed the Israeli withdrawal from Gaza and urged India to withdraw its forces from the Occupied Kashmir to
Pakistan is holding first Population Summit from September 22 in Islamabad to create awareness about family planning. Unveiling the details of the two-day summit, Federal Minister for Population Welfare, Chaudhry Shahbaz Hussain on Sunday said representat
PML President Chaudhry Shujaat Hussain has said that the current international scenario could harm the Muslim world, therefore, the government and all the political parties should play a collective role to meet such perils.
Society for Human Rights and Prisoners Aid (Sharp) is organising a lecture for journalists on "the concept of human rights' at Lahore Press Club on Monday. Veteran facilitator and expert on human rights Jehangir Durrani from UNHCR would deliver the lectur
According to an information received here on Saturday, the government of Punjab through an ordinance passed for amendment in BoP Act 1989 has increased the authorised capital of Bank of Punjab from Rs 2 billion to Rs 10 billion.
An open auction of attractive registration numbers of 'LZW' series will be held at the district office of Excise & Taxation Department here on Monday (August 22).
The Al-Mustafa Welfare Society, organised an anti-polio walk from Sohrab Goth to Meena Bazar, Karimabad, with the objective of creating an awareness among people against this disease. The walk was participated by school children, teachers, social figures,
Nothing spectacular was seen on the commodities wholesale markets regarding supplies or prices where fluctuations were also very limited during the week ended on August 20, 2005. However, modest rise was seen where changes took place such as wheat and guw
The Callmate Telips Telecom Limited (CTTL) is planning to introduce a global Calling card soon. The CTTL Chief Executive Officer (CEO), Ajmal Ansari, stated this and highlighting the features of this new card, said "CTTL is a company, which have a large n
Sindh Chief Minister Dr Arbab Ghulam Rahim has reiterated his determination to stamp out corruption from government departments, particularly from irrigation department, who are responsible for deterioration of irrigation network that adversely affected t
The Lahore High Court (LHC) office has misplaced a file of Lahore High Court Bar Association (LHCBA) member praying to the court to initiate contempt of court proceedings against Indian lawyer Sonia Raj who passed contemptuous remarks against a division b
The Pakistan Fisherfolk Forum, with the European Union support, is organising a two-day regional conference on 'Integrated water resource management in South Asia' on August 24-25, 2005 in Karachi. Water experts from South Asian countries, including India
Two persons, including a conductor were killed and eight passengers were injured when a speedy Mirpurkhas-bound passenger coach turned turtle, trying to save a pedestrian girl near Ratanabad railway crossing at Hyderabad-Mirpurkhas Road on Saturday last.
JJ Hospital recently organised a get together to celebrate the 59th Independence Day of Pakistan. Thousands of people from all walks of life, including doctors, businessmen, journalists, etc from all over Sindh, attended the function. The attendees sang t
The Chief Justice of Lahore High Court (LHC) has constituted five single benches and one division bench for disposal of cases at principal seat of the august court from Monday. According to a notification, Shahbir Akhtar heads single bench.
The TCP is being gradually almost ignored as buyers have already lifted quality lots from it and fresh arrivals are gaining pace during the week ended on August 20, 2005. The ginners, who had not been able to sell, are being approached by the spinners and
The TCP is being gradually almost ignored as buyers have already lifted quality lots from it and fresh arrivals are gaining pace during the week ended on August 20, 2005. The ginners, who had not been able to sell, are being approached by the spinners and
Pakistan's first dedicated cargo service, the Royal Airlines, after developing almost all the required auxiliary departments as self-sustaining profit centres, is poised to start a distinguished passenger service by the end of this year.
Prime Minister Shaukat Aziz said on Sunday that Pakistan is a peaceful country and it does not have aggressive designs against any country. "Nevertheless, it is our conviction that peace comes with strength and not weakness," he said, adding therefore the
Cadets of Hassanabdal Cadet College have led in the intermediate examinations of the Board of Intermediate and Secondary Education Rawalpindi (BISER) as they took three top positions in the examinations.
In line with the golden academic traditions of Government College University Lahore, its eight students have obtained positions in various disciplines in the intermediate annual examination, 2005.
Punjab Minister for Law, Parliamentary Affairs, Local Government and Rural Development Muhammad Basharat Raja has reiterated the resolve of his government to turn Punjab into a literate Punjab. He added government would provide Rs 150 million to every dis
The current law and order situation in Sindh came under detailed review at a high-level meeting chaired by Prime Minister Shaukat Aziz at Governor House here on Sunday. The meeting was attended by Sindh Governor Dr Ishratul Ibad, Sindh Home Minister Rauf
Minister of State for Information and Broadcasting, Senator Aneesa Zeb Tahirkheli said the media in Pakistan is growing very rapidly these days. She was speaking as chief guest at the inaugural ceremony of an online news agency Live Rostrum here on Saturd
Additional facility of 100-bed, inaugurated at Sindh Government Hospital (SGH) New Karachi by Sindh Minister for Planning and Development Shoaib Bukhari on July 14, 2005, has not started functioning yet even after over a month.
National Reconstruction Bureau Chairman Daniyal Aziz has said that like first phase of local government elections, the people will show same enthusiasm in the second phase also.
The ruling coalition said on Sunday it had swept the first round of local bodies' polls seen as a trial run for 2007 general elections, boosting President Pervez Musharraf's own election prospects.
A meeting of the Executive Council of the Association of Asian Parliament for Peace (AAPP) will start here on August 22. Parliamentarians from 21 countries, including China, Iran, Malaysia, Indonesia, Mongolia, Saudi Arabia, Singapore, Thailand, Banglades
Federal Minister for Information and Broadcasting Sheikh Rashid Ahmed has reaffirmed Pakistan's stance to resolve all issues with India including Kashmir by peaceful means. Addressing a function arranged in his honour by Pakistan-Japan Association in Toya
Employees of the Directorate General Registration (DGR), NWFP, have announced starting of legal and constitutional struggle against "anti-human" policies of Nadra.
As many as 18 exit and entry points in Islamabad have been located for installing trans-receivers, antennas and other software that would enable the authorities to stop misuse and theft of cars through centrally controlled tracker chip fixed on the wind s
Fifty writers from Pakistan are expected to visit Indian occupied Kashmir (IOK) in September to participate in an international literary meet being organised by Jammu University (JU) in IOK.
The speaker of Sri Lankan Parliament, W.J.M. Lokubandara; speaker of People's Majlis Maldives Ahmed Zahir and Deputy Speaker of Bangladesh Parliament called on the Chairman Senate, Mohammedmian Soomro here on Sunday.
Sarhad Chamber of Commerce and Industry (SCCI) executive committee member, Ziaul Haq Sarhadi has said that land route export from the Export Processing Zone (EPZ) Risalpur could increase the country's export to Afghanistan.
The badla investment last week reached its peak at Rs 12 billion with rates registering an increase of 70 basis points as punters hoped positive outcome from the meeting with the officials in Islamabad.
The badla investment last week reached its peak at Rs 12 billion with rates registering an increase of 70 basis points as punters hoped positive outcome from the meeting with the officials in Islamabad.