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Nov 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-09-04
Argentinean stocks fall

Argentinean stocks fall

Argentine stocks fell on Friday after hitting a record high in early trading as investors pocketed profits from recent gains. The benchmark MerVal index of 11 leading stocks slipped 1.25 percent to 1,592.68 points after hitting a record high of 1,612.94 p
Published 04 Sep, 2005 12:00am
Williams Scotsman sets 15.3 million share IPO

Williams Scotsman sets 15.3 million share IPO

Modular building provider Williams Scotsman International, formerly known as Scotsman Holdings Inc, may offer up to 15.3 million shares for between $16 and $18 a share in an initial public offering, according to a regulatory filing on Friday.
Published 04 Sep, 2005 12:00am
Williams Scotsman sets 15.3 million share IPO

Williams Scotsman sets 15.3 million share IPO

Modular building provider Williams Scotsman International, formerly known as Scotsman Holdings Inc, may offer up to 15.3 million shares for between $16 and $18 a share in an initial public offering, according to a regulatory filing on Friday.
Published 04 Sep, 2005 12:00am
US stocks up for the week; refiners, builders gain

US stocks up for the week; refiners, builders gain

US stocks rose this week on expectations the Federal Reserve may slow the pace of rate increases amid signs damage caused by Hurricane Katrina may further slow the pace of economic growth.
Published 04 Sep, 2005 12:00am
MQM chief favours Pak-Israel contacts

MQM chief favours Pak-Israel contacts

Muttahida Qaumi Movement (MQM) chief Altaf Hussein has said that dialogues with Jews are necessary for establishment of an independent state of Palestine.
Published 04 Sep, 2005 12:00am
FCCI seminar on 'Its Role and Responsibilities'

FCCI seminar on 'Its Role and Responsibilities'

Faisalabad Chamber of Commerce and Industry (FCCI) will organise a seminar on 'Faisalabad Chamber-Its Role and Responsibilities', here on Wednesday (September 07). Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Chaudhry Muhamma
Published 04 Sep, 2005 12:00am
APTUF to hold rally on September 5

APTUF to hold rally on September 5

All Pakistan Trade Union Federation (APTUF) has condemned anti-workers' policy of the government and announced to hold a demonstration here on September 05. A spokesman of the federation said here on Saturday that objective of the demonstration was to rai
Published 04 Sep, 2005 12:00am
Sub-inspector and nine constables among 15 gamblers held

Sub-inspector and nine constables among 15 gamblers held

Jhang Bazar Police have arrested 15 gamblers, including a police sub-inspector and nine constables from a den situated in Duglispura here on Friday night, after protestation of the people of the area. This den was running by Abdul Ghaffar with connivance
Published 04 Sep, 2005 12:00am
BMW corruption reference against Asif Zardari resumes on September 5

BMW corruption reference against Asif Zardari resumes on September 5

An Accountability Court will resume hearing of BMW corruption reference against Asif Ali Zardari here on Monday. Judge Accountability Court No 3 Zaheer Qadri had taken serious notice of the absence of the accused on the last date of hearing.
Published 04 Sep, 2005 12:00am
Deletion programme: Pama blamed for creating hurdles in EDB working

Deletion programme: Pama blamed for creating hurdles in EDB working

The Engineering Development Board (EDB) said on Friday it was facing difficulties in regulating manufacturing/assembly in automobile sector through a deletion programme due to non-co-operation of Pakistan Auto Parts Manufacturers Association (Pama), the o
Published 04 Sep, 2005 12:00am
ARD demands resignation from President and government

ARD demands resignation from President and government

The Alliance for Restoration of Democracy on Saturday demanded of President General Pervez Musharraf and Prime Minister Shaukat Aziz-led government to resign, as they had lost the masses' confidence.
Published 04 Sep, 2005 12:00am
Seminar on September 5

Seminar on September 5

Hamriyah Free Zone Authority, Sharjah, will arrange an introductory seminar, to highlight the facilities available in the zone for the businessmen of Lahore on Monday (September 05). Hamriyah Free Zone Managing Director Dr Rashid Alleem will address the s
Published 04 Sep, 2005 12:00am
Conference on 'Contemporary American Literature'

Conference on 'Contemporary American Literature'

A three-day first International Conference on "Contemporary American Literature" concluded here on Saturday. National University of Modern Languages (NUML) in collaboration with Higher Education Commission (HEC) organised the event, and American Embassy a
Published 04 Sep, 2005 12:00am
Government wants congenial political environment in NWFP: Prime Minister

Government wants congenial political environment in NWFP: Prime Minister

The Chief Minister NWFP, Muhammad Akram Khan Durrani called on Prime Minister Shaukat Aziz at the Prime Minister's House on Saturday and discussed with him matters relating to the local bodies' elections, current situation and progress of federal projects
Published 04 Sep, 2005 12:00am
OICCI team briefed about government steps to promote trade

OICCI team briefed about government steps to promote trade

A seven-member delegation of the Overseas Investors Chamber of Commerce and Industry (OICCI) Sub-Committee for Commerce, Industry and Environment met Federal Minister for Commerce Humayun Akhtar Khan here on Friday.
Published 04 Sep, 2005 12:00am
Army contingent off to Congo on peacekeeping mission

Army contingent off to Congo on peacekeeping mission

The first batch of Pakistan Army troops left here on Saturday to perform peacekeeping duties under the aegis of United Nations Mission in Congo. According to an ISPR release here on Saturday, Brigadier Tariq Minhas bade them farewell at the Allama Iqbal I
Published 04 Sep, 2005 12:00am
Rs 690 billion revenue target to be achieved: CBR chief

Rs 690 billion revenue target to be achieved: CBR chief

Central Board of Revenue Chairman Abdullah Yousaf said on Saturday the ongoing collections indicated aggressive revenue target of Rs 690 billion would be achieved at the end of fiscal year. Speaking in a PTV programme he said, revenue worth Rs 75 billion
Published 04 Sep, 2005 12:00am
Pakistan wants peace in world: Durrani

Pakistan wants peace in world: Durrani

Minister of State for Culture, Sports and Youth Affairs Muhammad Ali Durrani has said Pakistan wants peace and was against terrorism and extremism all over the world.
Published 04 Sep, 2005 12:00am
Nigerian rebel traders spending pound notes minted by Biafra

Nigerian rebel traders spending pound notes minted by Biafra

More than three decades after the breakaway "Republic of Biafra" suffered a bloody defeat at the hands of federal forces, rebellious shoppers are once again spending Biafran pounds and shillings in the markets of south-eastern Nigeria.
Published 04 Sep, 2005 12:00am
Road manners

Road manners

Wajid Qazi has given a strange civil military twist to my letter of 26th Aug, and lambaste the army for being above the law and violating the traffic rules blatantly. His letter gives the impression that I praised the MP for thrashing a 'civilian' boy and
Published 04 Sep, 2005 12:00am
Installation of traffic signals

Installation of traffic signals

Gulistan-e-Jouhar spread over 20 blocks in Karachi, is a hub of high-rise buildings where residency is growing vertically in addition to developments of houses and bungalows on desert area. It is linked with rest of the city from two main entry points, ie
Published 04 Sep, 2005 12:00am
Racial tensions rise in Fiji ahead of next year's elections

Racial tensions rise in Fiji ahead of next year's elections

A plan to grant amnesty to those who took part in a Fijian coup five years ago has sent the political temperature rising ahead of next year's elections but Fiji's Police Commissioner Andrew Hughes is adamant. No more coups. "I'm not going to let it happen
Published 04 Sep, 2005 12:00am
Turning SECP into a service organisation - II

Turning SECP into a service organisation - II

By levying CVT, the government has, for all intents and purposes, usurped the taxing domain of the Securities Commission. I am amazed that there is no indication of the regulators being concerned or having opposed the levy of CVT.
Published 04 Sep, 2005 12:00am
ECC's hope inspiring decisions

ECC's hope inspiring decisions

The Economic Co-ordination Committee (ECC) of the Cabinet, which met with Prime Minister Shaukat Aziz in the chair, on September 1, among other things, took decisions on two major controversial issues that had been awaiting resolution rather too long. The
Published 04 Sep, 2005 12:00am
A chilling drama

A chilling drama

Even by the standards of Iraq, where incidents of gory violence have become a daily routine, what happened on Wednesday at a Shia shrine in Baghdad, during celebrations marking the martyrdom of a revered religious figure, was a colossal tragedy. Nearly 10
Published 04 Sep, 2005 12:00am
Kasper wants Aussies to come out fighting

Kasper wants Aussies to come out fighting

Australia fast bowler Michael Kasprowicz hopes his side can draw inspiration from legendary boxer Muhammad Ali and deliver a knockout blow to England's hopes of regaining the Ashes at The Oval next week. Australia trail 2-1 in the five-match series with E
Published 04 Sep, 2005 12:00am
PCB to promote game at grassroots level

PCB to promote game at grassroots level

Chairman Pakistan Cricket Board (PCB) Shaharyar Khan has said that PCB has adopted appropriate measures for the promotion of cricket at grass-root level in the country.
Published 04 Sep, 2005 12:00am
Goosen holds on to lead in Volkswagen golf

Goosen holds on to lead in Volkswagen golf

World number five Retief Goosen held on to his one-shot lead over US Open champion Michael Campbell after an engrossing third-round duel at the Volkswagen Masters-China on Saturday.
Published 04 Sep, 2005 12:00am
Tiger grabs lead in quest of crown that has eluded him

Tiger grabs lead in quest of crown that has eluded him

Tiger Woods, who lost his world number one ranking here a year ago, fired a six-under par 65 on Friday to seize the lead after the first round of the 5.5 million-dollar PGA Deutsche Bank Championship.
Published 04 Sep, 2005 12:00am
Beslan mourns with tolling bell, doves

Beslan mourns with tolling bell, doves

Residents of the Russian town of Beslan, blaming authorities and still seething with anger, grieved silently on Saturday to mark the day a year ago when hundreds of their children were killed in a school siege.
Published 04 Sep, 2005 12:00am
US cancels Hu visit

US cancels Hu visit

The White House said on Saturday it cancelled a planned visit by Chinese President Hu Jintao next week because of Hurricane Katrina. "Both presidents agreed that, in the present circumstances, it was best not to have a meeting in Washington next week," Wh
Published 04 Sep, 2005 12:00am
China warns Taiwan; marks victory over Japan

China warns Taiwan; marks victory over Japan

China marked the 60th anniversary of Japan's World War Two defeat on Saturday with a reassurance that it was committed to peace, but warned self-ruled Taiwan - which Beijing claims as its own - against declaring statehood.
Published 04 Sep, 2005 12:00am
Maoists announce truce

Maoists announce truce

Nepal's Maoist rebels announced a three-month cease-fire from Saturday, their chief said in a statement, in a move to win support of political parties opposed to King Gyanendra's seizure of power in February. "During this period, our People's Liberation A
Published 04 Sep, 2005 12:00am
Kidnapped Briton found dead in Afghanistan; 5 killed

Kidnapped Briton found dead in Afghanistan; 5 killed

A Briton kidnapped in Afghanistan was found dead on Saturday and Taleban rebels said they killed him, while in a separate incident, the Taleban said they killed an election candidate and four government officials.
Published 04 Sep, 2005 12:00am
Sharon, Abbas to meet

Sharon, Abbas to meet

Israeli Prime Minister Ariel Sharon and Palestinian President Mahmoud Abbas will meet this month, their first summit since Jewish settlers were evacuated from occupied Gaza, an Israeli newspaper said on Saturday.
Published 04 Sep, 2005 12:00am
Chirac in hospital

Chirac in hospital

French President Jacques Chirac will be hospitalised for a week with a blood vessel problem that has affected his vision, officials said on Saturday. The 72-year-old French leader was admitted to a Paris military hospital late on Friday and all his appoin
Published 04 Sep, 2005 12:00am
Bush orders more troops to chaos of New Orleans

Bush orders more troops to chaos of New Orleans

President George W. Bush ordered thousands more troops to New Orleans on Saturday to help pull desperate refugees out of the hurricane-ravaged city, force looting gangs off the streets and find the dead.
Published 04 Sep, 2005 12:00am
Committee to evolve coordination among agriculture institutes

Committee to evolve coordination among agriculture institutes

The provincial agriculture secretary and vice-chancellor of Sindh Agriculture University, Tandojam, at a meeting held at the campus, were unanimous that strong links between agriculture educational institutions, as well as their extension and research, is
Published 04 Sep, 2005 12:00am
Pakistani printers to be trained in Japan: Papgai

Pakistani printers to be trained in Japan: Papgai

The Pakistan Association of Printing and Graphic Arts Industry (Papgai) has signed a memorandum of understanding(MoU) with the printing associations of China and Sri Lanka to enhance mutual co-operation with them.
Published 04 Sep, 2005 12:00am
Free dental checkups planned across country

Free dental checkups planned across country

Around 100,000 free check-ups will be carried out in 'Colgate Dental Health Month' programme in September throughout the country's main cities, Karachi, Lahore, Islamabad Rawalpindi and Hyderabad.
Published 04 Sep, 2005 12:00am
MCCI concerned over non-issuance of Thai visa from Lahore

MCCI concerned over non-issuance of Thai visa from Lahore

The President of Multan Chamber of Commerce and Industry (MCCI) has expressed grave concern over stoppage of issuance of visas by Royal Thai Consulate in Lahore. The MCCI Chief said in a statement on Saturday that the Royal Thai
Published 04 Sep, 2005 12:00am
Six killed, 19 injured in accidents

Six killed, 19 injured in accidents

Six persons were killed in various road accidents, here on Saturday. In first accident, Muhammad Tufail, who was going to home on a motorcycle near Nishatabad overhead bridge, a recklessly driven tractor trolley rammed into his motorbike.
Published 04 Sep, 2005 12:00am
LHC benches for the week

LHC benches for the week

As many as nine division benches and 20 single benches will work at principal seat of the Lahore High Court (LHC) during the week commencing from Monday (September 05).
Published 04 Sep, 2005 12:00am
Vaccination programme to protect children from diseases

Vaccination programme to protect children from diseases

Under the new health policy, poor people are being provided modern treatment facilities, while a co-ordinated programme of vaccination will be initiated at basic health centres to protect the children from diseases.
Published 04 Sep, 2005 12:00am
Karachi Nazim will be from MQM panel, says adviser

Karachi Nazim will be from MQM panel, says adviser

Adviser to Sindh Chief Minister for Local Government & Special Development Wasim Akhtar has said that the new Karachi nazim will be from the Haq Parast panel, and dispelled the reports of any retired bureaucrat becoming the Karachi Nazim.
Published 04 Sep, 2005 12:00am
Air Blue wins bid to airlift UN peace troops

Air Blue wins bid to airlift UN peace troops

Air Blue, one of the country's leading airline having effectively launched its international operations on August l4, has once again proved its success by wining an international charter bid to transport UN peace keeping forces to various destinations in
Published 04 Sep, 2005 12:00am
PIA opens new route to expand business links with China

PIA opens new route to expand business links with China

Pakistan International Airlines expanded its air service to China, opening a new route between Islamabad and Urumqi. Its inaugural flight (Airbus-310), carrying 54 passengers, including 12 crewmembers, was extended a warm welcome, when it landed at Urumqi
Published 04 Sep, 2005 12:00am
South Zone Group sweeps Reap elections

South Zone Group sweeps Reap elections

The South Zone Group has swept the elections for managing committee of Rice Exporters Association of Pakistan (Reap), South Zone by bagging all the five seats on Saturday. The polling was held at Reap House Karachi. Out of total 289 South Zone votes 194 v
Published 04 Sep, 2005 12:00am
Instyle textile fair

Instyle textile fair

A four-day textile exhibition 'InStyle Pakistan 2005' will commence from September 21 at the Karachi Expo Centre. The show is expected to feature more than 100 top manufacturers and exporters in Pakistan producing textile made-ups for the top internationa
Published 04 Sep, 2005 12:00am
PHA won't file bed-tax form for 2005-06

PHA won't file bed-tax form for 2005-06

The Pakistan Hotels Association (PHA) has decided not to file HT-1 Form relating to bed tax for 2005-06 fiscal till their grievances are redressed. Conveying the decisions of the PHA executive committee meeting held here on August 27, the Association, in
Published 04 Sep, 2005 12:00am
PHA won't file bed-tax form for 2005-06

PHA won't file bed-tax form for 2005-06

The Pakistan Hotels Association (PHA) has decided not to file HT-1 Form relating to bed tax for 2005-06 fiscal till their grievances are redressed. Conveying the decisions of the PHA executive committee meeting held here on August 27, the Association, in
Published 04 Sep, 2005 12:00am
ISO holds demonstration on Pak-Israel contacts

ISO holds demonstration on Pak-Israel contacts

Imamia Students Organisation (ISO) on Saturday held protest demonstration at Federal Urdu University of Arts, Science and Technology (FUUAST) Karachi against growing contacts between Pakistan and Israeli governments.
Published 04 Sep, 2005 12:00am
Candidates for Sindh district, taluka Nazims announced

Candidates for Sindh district, taluka Nazims announced

Sindh Chief Minister Dr Arbab Ghulam Rahim has announced the names of candidates of Khushal Pakistan Panel (KPP) and its allies Faqir Dost Panel (FDP) and Peoples Party Patriots (PPP) for the posts of district and taluka Nazims in the third phase of local
Published 04 Sep, 2005 12:00am
Opposition's hue, cry on local government polls rigging unfounded: Ibad

Opposition's hue, cry on local government polls rigging unfounded: Ibad

Sindh Governor Dr Ishrat-ul-Ibad Khan on Saturday described the opposition's hue and cry about rigging in the local bodies' elections as unfounded. He said Sindh Information Department for elections' coverage took some 95 journalists to polling stations a
Published 04 Sep, 2005 12:00am
Call to accelerate broadband penetration

Call to accelerate broadband penetration

The Internet Service Providers Association of Pakistan (ISPAK) on Saturday called for need of public-private partnership to accelerate the broadband penetration which is currently less than 1 percent in the country. The other countries in the region enjoy
Published 04 Sep, 2005 12:00am
Pakistan's support to China on various issues extolled

Pakistan's support to China on various issues extolled

President of the Supreme People's Court of China, Justice Xiao Yang hailed everlasting Sino-Pak friendship and hoped it would further grow to meet the common aspirations of their people.
Published 04 Sep, 2005 12:00am
Dareshak calls on Shaukat

Dareshak calls on Shaukat

The Chief Whip of Pakistan Muslim League (PML) Parliamentary Party, Sardar Nasrullah Khan Dareshak called on Prime Minister Shaukat Aziz at the PM House here on Saturday. Sardar Nasrullah discussed the local bodies' (LBs) elections and organisational matt
Published 04 Sep, 2005 12:00am
Four Pakistanis arrested in Greece

Four Pakistanis arrested in Greece

Four Pakistanis were arrested in Athens and western Greece on charges of kidnapping a Pakistani immigrant and demanding Euro 10,000 (US 12,500 dollars) as ransom money, police said.
Published 04 Sep, 2005 12:00am
President satisfied with Pak-US relations

President satisfied with Pak-US relations

President General Pervez Musharraf on Saturday expressed satisfaction that Pakistan-US re1ations have acquired a mutually beneficial strategic dimension. The President was speaking to United States Senator Tom Harkin.
Published 04 Sep, 2005 12:00am
Wafaq-ul-Madariss meeting on September 11

Wafaq-ul-Madariss meeting on September 11

A meeting of Wafaq-ul-Madariss has been convened on September 11 to decide about the future course of action regarding Madariss registration, it is learnt. Sources told Business Recorder that the meeting would be attended by all representatives of
Published 04 Sep, 2005 12:00am
Parliamentarians discuss political situation with Prime Minister

Parliamentarians discuss political situation with Prime Minister

A number of parliamentarians called on Prime Minister Shaukat Aziz at Prime Minister House on Friday and discussed with him the current political situations and results of the local bodies' elections as well as the upcoming general elections scheduled to
Published 04 Sep, 2005 12:00am
Pakistan stands for interfaith harmony: Shaukat

Pakistan stands for interfaith harmony: Shaukat

Prime Minister Shaukat Aziz said on Saturday that Pakistan stood for interfaith harmony and promotion of understanding among all faiths and its minorities enjoyed equal rights and opportunities and freedom to practice their religions.
Published 04 Sep, 2005 12:00am
Senate session on September 13

Senate session on September 13

President General Pervez Musharraf has summoned the Senate session on Tuesday (September 13) to meet at 5:30 pm in Parliament House. The President summoned the session in exercise of the powers conferred by clause (1) of Article 54 of the Constitution of
Published 04 Sep, 2005 12:00am
Action against cement companies urged

Action against cement companies urged

Cement consumers have urged the Monopoly Control Authority to take speedy action against cement companies for keeping prices of cement high in spite of government warnings to bring them down.
Published 04 Sep, 2005 12:00am
Inter-provincial anti-polio meeting on September 6

Inter-provincial anti-polio meeting on September 6

The co-ordination meeting for polio eradication and strengthening of routine immunisation will be held on September 6, 2005, in Karachi. This was announced by Sindh Health Minister Shabbir Ahmed Kaimkhani at a press conference at a local hotel on Saturday
Published 04 Sep, 2005 12:00am
Voting for Lux Style Awards to be held in Lahore, Karachi

Voting for Lux Style Awards to be held in Lahore, Karachi

The Awards Office of the LUX Style Awards announced that voting for four fashion categories will take place on the 12th of September in Lahore and the 16th of September in Karachi. An independent board of members, totalling 33 and made up of individuals i
Published 04 Sep, 2005 12:00am
Judicial Magistrate commits suicide

Judicial Magistrate commits suicide

Judicial Magistrate Shaista Hamid, 35, committed suicide in her Bahaduarabad house on Friday night, police said on Saturday. Police said that Friday night when Hamid's brother came to visit her found the room locked from inside. The door was broken and Ha
Published 04 Sep, 2005 12:00am
Auqaf department focal point for Madaris registration

Auqaf department focal point for Madaris registration

The Sindh government has declared Auqaf Department as focal point with regard to ongoing registration of Deeni Madaris in the province. The registration of Deeni Madaris shall be effected under Societies Act XXI of 1860 (Amendment Ordinance No XXII of 200
Published 04 Sep, 2005 12:00am
Cheques given to heirs, victims of Karachi blasts

Cheques given to heirs, victims of Karachi blasts

The heirs and victims of Imambargah Ali Raza and Hyderi Mosque bomb blasts tragedies were presented cheques of compensation at a ceremony covered by gloom held at the Governor House here on Saturday.
Published 04 Sep, 2005 12:00am
Attempt to smuggle foreign currency foiled

Attempt to smuggle foreign currency foiled

The smugg1ing of foreign currency out of Pakistan was thwarted when sleuths of Customs Preventive Collectorate, posted at International Departure lounge of Jinnah International Airport Karachi recovered and seized 0.4 million Euro and arrested a Pakistani
Published 04 Sep, 2005 12:00am
Reward money for arrest of proclaimed offenders announced

Reward money for arrest of proclaimed offenders announced

The Sindh government on Saturday has announced reward money of Rs 250,000 for arrest of 18 proclaimed offenders and dacoits, who are involved in heinous crimes punishable with death or imprisonment for life.
Published 04 Sep, 2005 12:00am
Warehousing scheme in Nairobi to be operational soon

Warehousing scheme in Nairobi to be operational soon

Pakistan High Commissioner to Kenya, Syed Zahid Hussain said on Saturday that High Commission and Export Promotion Bureau (EPB) would make the warehouse scheme operational here soon to boost Pakistani exports to Kenya.
Published 04 Sep, 2005 12:00am
BoK's rating removed from Rating Watch

BoK's rating removed from Rating Watch

JCR-VIS Credit Rating Company has removed the Rating Watch on Ratings of BBB/A-2 (triple B/A-Two) with a stable outlook, assigned to the Bank of Khyber.
Published 04 Sep, 2005 12:00am
BoK's rating removed from Rating Watch

BoK's rating removed from Rating Watch

JCR-VIS Credit Rating Company has removed the Rating Watch on Ratings of BBB/A-2 (triple B/A-Two) with a stable outlook, assigned to the Bank of Khyber.
Published 04 Sep, 2005 12:00am
50 civil judges appointed

50 civil judges appointed

On the recommendations of Punjab Public Service Commission (PPSC), the Chief Justice of Lahore High Court (LHC) has appointed 50 civil judges-cum-judicial magistrates. Those appointed civil judges include the following.
Published 04 Sep, 2005 12:00am
Sales tax Collectorate clears Rs 418 million refund claims

Sales tax Collectorate clears Rs 418 million refund claims

The Collectorate of Sales Tax and Federal Excise Lahore has cleared refund claims to the tune of Rs 418 million during the month of July and August 2005, as against Rs 1600 million paid for same period during last year.
Published 04 Sep, 2005 12:00am
Sales tax Collectorate clears Rs 418 million refund claims

Sales tax Collectorate clears Rs 418 million refund claims

The Collectorate of Sales Tax and Federal Excise Lahore has cleared refund claims to the tune of Rs 418 million during the month of July and August 2005, as against Rs 1600 million paid for same period during last year.
Published 04 Sep, 2005 12:00am
Sales tax Collectorate clears Rs 418 million refund claims

Sales tax Collectorate clears Rs 418 million refund claims

The Collectorate of Sales Tax and Federal Excise Lahore has cleared refund claims to the tune of Rs 418 million during the month of July and August 2005, as against Rs 1600 million paid for same period during last year.
Published 04 Sep, 2005 12:00am
Directive for evolving strategy to end smuggling

Directive for evolving strategy to end smuggling

The Central Board of Revenue (CBR) has assigned the task to Directorate of Intelligence, Customs and Excise, for devising a comprehensive and workable strategy, in consultation with all the collectorates of customs to eliminate the smuggling menace from t
Published 04 Sep, 2005 12:00am
Directive for evolving strategy to end smuggling

Directive for evolving strategy to end smuggling

The Central Board of Revenue (CBR) has assigned the task to Directorate of Intelligence, Customs and Excise, for devising a comprehensive and workable strategy, in consultation with all the collectorates of customs to eliminate the smuggling menace from t
Published 04 Sep, 2005 12:00am
Directive for evolving strategy to end smuggling

Directive for evolving strategy to end smuggling

The Central Board of Revenue (CBR) has assigned the task to Directorate of Intelligence, Customs and Excise, for devising a comprehensive and workable strategy, in consultation with all the collectorates of customs to eliminate the smuggling menace from t
Published 04 Sep, 2005 12:00am
Shaukat asks EPZs to attract foreign investment

Shaukat asks EPZs to attract foreign investment

Prime Minister Shaukat Aziz has asked the Export Processing Zones for aggressive marketing to attract foreign investment, which can benefit from the low cost of doing business in the country.
Published 04 Sep, 2005 12:00am
Shaukat asks EPZs to attract foreign investment

Shaukat asks EPZs to attract foreign investment

Prime Minister Shaukat Aziz has asked the Export Processing Zones for aggressive marketing to attract foreign investment, which can benefit from the low cost of doing business in the country.
Published 04 Sep, 2005 12:00am
Shaukat asks EPZs to attract foreign investment

Shaukat asks EPZs to attract foreign investment

Prime Minister Shaukat Aziz has asked the Export Processing Zones for aggressive marketing to attract foreign investment, which can benefit from the low cost of doing business in the country.
Published 04 Sep, 2005 12:00am
KPP and Haq Parast to jointly field candidate for Karachi Nazim

KPP and Haq Parast to jointly field candidate for Karachi Nazim

The Khushhal Pakistan Panel (KPP) and the Haq Parast group would jointly field candidate for the post of nazim of City District Government Karachi (CDGK). Sindh chief minister Dr Arbab Ghulam Rahim stated this while talking to reporters at the Chief Minis
Published 04 Sep, 2005 12:00am
Five killed in Indian occupied Kashmir violence

Five killed in Indian occupied Kashmir violence

Two top members of Indian Occupied Kashmir's most powerful freedom fighter's group - Hizbul Mujahedin, were among five people killed in the latest bout of violence in the revolt-hit region, police said on Saturday.
Published 04 Sep, 2005 12:00am
Five killed in Indian occupied Kashmir violence

Five killed in Indian occupied Kashmir violence

Two top members of Indian Occupied Kashmir's most powerful freedom fighter's group - Hizbul Mujahedin, were among five people killed in the latest bout of violence in the revolt-hit region, police said on Saturday.
Published 04 Sep, 2005 12:00am
ONGC signs deal for south-east India refinery

ONGC signs deal for south-east India refinery

Oil and Natural Gas Corporation Ltd said on Saturday it has signed a preliminary agreement with the government of the southern Indian state of Andhra Pradesh to set up a refinery there.
Published 04 Sep, 2005 12:00am
Japan LDP still ahead, but opposition edges higher

Japan LDP still ahead, but opposition edges higher

Japanese Prime Minister Junichiro Koizumi's Liberal Democratic Party (LDP) held onto a hefty lead one week before elections, but its main rival edged higher with many voters still undecided, opinion polls showed on Saturday.
Published 04 Sep, 2005 12:00am
Economists see chance of Fed pause after Katrina

Economists see chance of Fed pause after Katrina

Wall Street economists see a chance the Federal Reserve could take a pause from raising interest rates this month in the aftermath of Hurricane Katrina, but few are confident the Fed will stand pat. By contrast, interest rate futures markets are virtually
Published 04 Sep, 2005 12:00am
Malaysia may raise government retirement age

Malaysia may raise government retirement age

Malaysia is considering raising the retirement age for its 850,000 civil servants by two years to 58 and force new recruits to start saving toward their pension, the New Straits Times said on Saturday.
Published 04 Sep, 2005 12:00am
EU commissioner warns of more Qaeda attacks

EU commissioner warns of more Qaeda attacks

The EU's security commissioner said on Saturday he believed suicide bombings in London in July were likely to have been the work of groups linked to al Qaeda and warned more attacks in Europe were to be expected.
Published 04 Sep, 2005 12:00am
Saddam's family form new defence team

Saddam's family form new defence team

Saddam Hussein's family have chosen a new international legal counsel to defend him against war crimes charges during a trial they say denies him fair justice, the family's lawyer said on Saturday.
Published 04 Sep, 2005 12:00am
Samsung aims to become elite brand name

Samsung aims to become elite brand name

Samsung Electronics is gearing up for a new marketing campaign targeted to push the South Korean firm into the elite ranks of global brands with premium prices, an executive said on Saturday.
Published 04 Sep, 2005 12:00am
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