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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-09-08
US Treasuries buckle on pre-Katrina services boom

US Treasuries buckle on pre-Katrina services boom

US Treasury debt prices retreated on Tuesday after a report on the US services sector showed a surprisingly robust gain for August, suggesting the economy was on a strong footing before Hurricane Katrina.
Published 08 Sep, 2005 12:00am
Malaysian shares climb

Malaysian shares climb

Malaysian shares prices closed 0.82 percent higher on Wednesday after the government announced measures to contain inflation, including capping fuel prices and road toll charges, dealers said.
Published 08 Sep, 2005 12:00am
Philippines shares close flat

Philippines shares close flat

Philippines share prices closed flat on Wednesday as profit taking eroded early gains made on Wall Street's overnight rise and lower oil prices, dealers said. Investors were also still wary about the political situation despite the quashing of impeachment
Published 08 Sep, 2005 12:00am
Thai share prices jump

Thai share prices jump

Thai share prices closed up 0.43 percent but off their highs on Wednesday as early gains faded after the Bank of Thailand hiked interest rates by a larger-than-expected half a point to head off rising inflation, dealers said.
Published 08 Sep, 2005 12:00am
Nikkei inches up as Sony and DoCoMo gain

Nikkei inches up as Sony and DoCoMo gain

Japan's Nikkei share average inched up 0.06 percent on Wednesday as investors bought NTT DoCoMo Inc, Sony Corp and other issues with brighter earnings forecasts. But gains were capped as jittery investors sold steel shares and other recent winners ahead o
Published 08 Sep, 2005 12:00am
Jakarta shares slightly firmer

Jakarta shares slightly firmer

Indonesian share prices closed 0.74 percent higher on Wednesday, extending gains on fresh interest in blue chip Indosat and infrastructure stocks, dealers said. They said the gains were made on the back of foreign investor interest as locals hesitated in
Published 08 Sep, 2005 12:00am
Hong Kong interbank rates rise

Hong Kong interbank rates rise

Hong Kong interbank rates edged higher on Wednesday as players prepare funding ahead of upcoming big share offerings and the market also took a lead from firmer US bond yields after upbeat US economic data.
Published 08 Sep, 2005 12:00am
Chinese yuan eases versus dollar

Chinese yuan eases versus dollar

China's yuan eased versus the dollar on Wednesday, weakening after recording post-revaluation highs in each of the past four sessions, with no signs of central bank intervention.
Published 08 Sep, 2005 12:00am
Swiss franc ticks down

Swiss franc ticks down

The Swiss franc ticked lower early on Wednesday as the United States slowly gathered its forces in the wake of hurricane Katrina but uncertainty about the global economy continued to dominate markets. Implications from the storm on the steady tightening p
Published 08 Sep, 2005 12:00am
Dollar mixed as economic effect of Katrina eyed

Dollar mixed as economic effect of Katrina eyed

The dollar rose against the yen and fell versus the euro on Wednesday as investors wondered about the effect Hurricane Katrina will have on economic growth and whether it will deter the Federal Reserve from raising interest rates further.
Published 08 Sep, 2005 12:00am
Dollar's corrective rebound fuelled by ISM data

Dollar's corrective rebound fuelled by ISM data

The dollar strengthened on Tuesday, its rebound from recent multi-month lows cemented by a report which said the US service sector expanded at a faster-than-expected pace in August.
Published 08 Sep, 2005 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 65.40/65.75 (previous 65.40/65.75). Call Money Rates: 5.00-12.00 percent (previous 5.00-12.00 percent).
Published 08 Sep, 2005 12:00am
Mumbai markets closed

Mumbai markets closed

Financial markets in India's commercial hub Mumbai are closed on Wednesday for the local Ganesh festival holiday and will reopen on Thursday. The 30-share benchmark Bombay Stock Exchange index rose 0.27 percent to a new closing high of 7,946.78 points on
Published 08 Sep, 2005 12:00am
Asian currencies: baht gets rate-hike boost, others softer

Asian currencies: baht gets rate-hike boost, others softer

The Thai baht rallied on Wednesday after the Bank of Thailand delivered a larger-than-anticipated rise in interest rates, but most other Asian currencies dipped as sentiment towards the dollar improved.
Published 08 Sep, 2005 12:00am
Child encephalitis deaths top 500 in India

Child encephalitis deaths top 500 in India

The official death toll from Japanese encephalitis passed 500 on Wednesday in northern India where more than 2,000 children were fighting for their lives against the mosquito-borne disease. All but three of the dead were children, according to official fi
Published 08 Sep, 2005 12:00am
Liberia risks new war if economy not rebuilt

Liberia risks new war if economy not rebuilt

Liberia risks dragging an entire African region back to war unless the government and foreign donors salvage its ruined economy after postwar elections next month, an independent think-tank said on Wednesday.
Published 08 Sep, 2005 12:00am
Norway proposes venue for talks between government, Tigers

Norway proposes venue for talks between government, Tigers

Peacebroker Norway said Wednesday it had proposed Sri Lanka's international airport as a venue for talks between the government and Tamil Tiger rebels on saving their fragile truce, following weeks of haggling over a venue.
Published 08 Sep, 2005 12:00am
Builders and barmaids avoid EU tan ban

Builders and barmaids avoid EU tan ban

Builders and barmaids working outdoors will not have to be shielded from sunshine by their employers under European Union rules after a revolt by lawmakers on Wednesday. The European Parliament voted to leave it to individual EU states to regulate whether
Published 08 Sep, 2005 12:00am
France to boost sentences under new terrorism law

France to boost sentences under new terrorism law

The French government plans to increase jail terms for those convicted of belonging to terrorist organisations under a new anti-terrorism law, the Justice Ministry said on Wednesday.
Published 08 Sep, 2005 12:00am
Chinese diplomat plays down India row: report

Chinese diplomat plays down India row: report

China's envoy to India has declared the countries friends today, not enemies, in a bid to smooth ties ruffled by an Indian minister's description of their 1962 border war as a "Chinese invasion."
Published 08 Sep, 2005 12:00am
Bangladesh tightens security

Bangladesh tightens security

Bangladesh police raided hotels, conducted random checks of people on the street and detained about 25 people across the country to try to thwart more attacks after a wave of bombings, officials said on Wednesday.
Published 08 Sep, 2005 12:00am
US admiral sees China overspending on military

US admiral sees China overspending on military

The top US soldier in the Pacific suggested on Wednesday that China was spending too much on its military, noting that the world's most populous country faced no imminent threat and war with Taiwan was unlikely.
Published 08 Sep, 2005 12:00am
Nanotech advance may hasten molecular machines

Nanotech advance may hasten molecular machines

Scientists have made a breakthrough in nanotechnology which could hasten the development of molecular machines that could act as artificial muscles or drug delivery systems in the body.
Published 08 Sep, 2005 12:00am
Modern Iran unveils marvels of Ancient Persia

Modern Iran unveils marvels of Ancient Persia

Iran, at loggerheads with the West over its nuclear ambitions, has put tension to one side and lent a treasure trove of artefacts from Ancient Persia to a new exhibition at the British Museum.
Published 08 Sep, 2005 12:00am
UK wants biometric data in EU driving licences

UK wants biometric data in EU driving licences

European Union driving licences should include the holder's fingerprints to boost security, EU president Britain said on Wednesday. The 25-nation bloc has agreed that passports, visas and identity cards issued by EU states should include biometric data. B
Published 08 Sep, 2005 12:00am
Bungled car bomb kills four in Afghanistan

Bungled car bomb kills four in Afghanistan

A car exploded in a southern Afghan town on Wednesday, killing its three occupants and a passer-by, in what appeared to be a bungled suicide attack, a provincial official said. Security has been stepped up across Afghanistan in the run-up to September 18
Published 08 Sep, 2005 12:00am
US agency blocks photos of New Orleans dead

US agency blocks photos of New Orleans dead

The US government agency leading the rescue efforts after Hurricane Katrina said on Tuesday it does not want the news media to take photographs of the dead as they are recovered from the flooded New Orleans area.
Published 08 Sep, 2005 12:00am
Seoul acknowledges firm sold Iran atomic booster'

Seoul acknowledges firm sold Iran atomic booster'

Seoul acknowledged on Wednesday that a South Korean firm had nearly sold Iran a substance that can be used to boost a nuclear explosion but denied an exile group's allegation that the sale had been completed.
Published 08 Sep, 2005 12:00am
Saddam 'confesses' to killings: Talabani

Saddam 'confesses' to killings: Talabani

Ousted Iraqi leader Saddam Hussein has "confessed" to ordering executions and waging a campaign against Kurds in which thousands of people are said to have been killed, President Jalal Talabani said.
Published 08 Sep, 2005 12:00am
Gaza gunmen kill top Palestinian military aide

Gaza gunmen kill top Palestinian military aide

The security chaos blighting the Gaza Strip claimed its highest-profile victim Wednesday when local strongman Mussa Arafat, an advisor to Palestinian leader Mahmud Abbas, was assassinated by militants.
Published 08 Sep, 2005 12:00am
Annan assumes responsibility for oil-for-food scandal

Annan assumes responsibility for oil-for-food scandal

UN chief Kofi Annan said Wednesday that he assumed responsibility for serious management lapses in the oil-for-food programme for Iraq, but the head of an independent probe into the scandal said member states and the Security Council must share the blame.
Published 08 Sep, 2005 12:00am
Leaders have last chance to save poor: UN report

Leaders have last chance to save poor: UN report

World leaders have a last chance to fulfil promises to reduce poverty and boost health by 2015 or risk being damned by history for condemning millions of children to death, a UN report said on Wednesday.
Published 08 Sep, 2005 12:00am
Egyptians vote for leader, opposition complains

Egyptians vote for leader, opposition complains

Egyptians voted in their first presidential election on Wednesday but President Hosni Mubarak's most prominent rival said widespread abuses undermined the credibility of the vote, which Mubarak is expected to win.
Published 08 Sep, 2005 12:00am
Bird flu pandemic a question of when, not if: WHO

Bird flu pandemic a question of when, not if: WHO

The world is going to face a pandemic of the bird flu strain lethal to humans and Thailand is the only nation in South and Southeast Asia ready to deal with it, the World Health Organisation (WHO) warned on Wednesday.
Published 08 Sep, 2005 12:00am
Britain to table UN resolution on terrorism

Britain to table UN resolution on terrorism

Britain said on Wednesday it would table a UN resolution on terrorism ahead of the General Assembly meeting next week, calling on nations not only to condemn terrorism but to act against its incitement at home.
Published 08 Sep, 2005 12:00am
Sterling nears two-month peak

Sterling nears two-month peak

Sterling stayed near the previous session's two-month high against the euro on Wednesday but drifted down versus the dollar, with the market settling into wait-and-see mode ahead of Thursday's UK interest rate decision.
Published 08 Sep, 2005 12:00am
Dollar pauses in London

Dollar pauses in London

The dollar stabilised on Wednesday as investors sought clues on the US interest rate outlook after the devastation wrought by Hurricane Katrina raised concerns about economic growth.
Published 08 Sep, 2005 12:00am
South Korean shares surge to all-time high

South Korean shares surge to all-time high

South Korean shares surged to an all-time record close on Wednesday, as a fall in crude oil prices and upbeat US economic data bolstered sentiment for exporters such as car maker Hyundai Motor Co.
Published 08 Sep, 2005 12:00am
US Stocks: Wednesday's unofficial close

US Stocks: Wednesday's unofficial close

US blue chip stocks rose slightly on Wednesday after the previous session's dramatic gains as a report showing lower labour productivity and rising wage costs renewed concerns about inflation and the outlook for interest rates.
Published 08 Sep, 2005 12:00am
FTSE closes higher, mid-caps hit record highs

FTSE closes higher, mid-caps hit record highs

Britain's FTSE 100 index retreated from early highs on Wednesday but still closed up slightly, after falling oil prices hindered oil stocks but helped British Airways, and a flurry of company news lent support.
Published 08 Sep, 2005 12:00am
Metals craze boosts prices far into future

Metals craze boosts prices far into future

The feeding frenzy for metals has driven speculators to snap up contracts more than five years ahead, boosting prices far into the future, a leading Barclays Capital analyst said on Wednesday.
Published 08 Sep, 2005 12:00am
Cuba announces further downsizing of sugar industry

Cuba announces further downsizing of sugar industry

Cuba plans to shut down more sugar mills and replace them with food processing facilities, the Sugar Ministry said this week, in the first official confirmation many mills would be idled after 71 were closed in 2002.
Published 08 Sep, 2005 12:00am
Oil falls, refiners struggle back from Katrina

Oil falls, refiners struggle back from Katrina

Oil prices slipped Wednesday as the US oil industry began to pick itself up from the blow of Hurricane Katrina and industrialised nations offered emergency stocks to offset shortages. US light crude by 1734 GMT was down $1.41 at $64.55 per barrel after Tu
Published 08 Sep, 2005 12:00am
Soya rust found in third South Carolina county

Soya rust found in third South Carolina county

Soyabean rust was discovered in a third county in South Carolina, but the US Agriculture Department said on Wednesday that the spread of the highly contagious fungus will be limited to Georgia and Florida in the next few days.
Published 08 Sep, 2005 12:00am
New York cotton futures firmer

New York cotton futures firmer

Cotton extended its rebound by banking on speculative short-covering to end firmer Wednesday and follow-through buying could push the market higher this week, brokers said.
Published 08 Sep, 2005 12:00am
London sugar lower

London sugar lower

London white sugar futures ended lower on Wednesday as funds switched the front-month October contract into December, with Iraqi demand and high energy prices underpinning the market, traders said. October closed down $2.6 at $312.1 per tonne in volume of
Published 08 Sep, 2005 12:00am
Metals ease on fund selling

Metals ease on fund selling

Metals ended softer on the London Metal Exchange (LME) on Wednesday, coming under selling pressure in late open-outcry trade, dealers said. "Across the board there has been small-scale speculative liquidation," an LME trader said. Copper ended $13 softer
Published 08 Sep, 2005 12:00am
European gold moves up

European gold moves up

Gold prices ticked higher in Europe on Wednesday, although traders expected them to remain range-bound due to uncertainty about the impact of Hurricane Katrina on US economic growth. By 1554 GMT, spot gold was at $445.00/445.70 a troy ounce, modestly high
Published 08 Sep, 2005 12:00am
US MIDDAY: coffee slips on long positions

US MIDDAY: coffee slips on long positions

US coffee futures slid about 6 percent to a 10-month low Wednesday after speculators and funds unloaded their long positions on upbeat supply news from hurricane-hit New Orleans, market sources said.
Published 08 Sep, 2005 12:00am
US MIDDAY: cocoa futures rebound on trade buying

US MIDDAY: cocoa futures rebound on trade buying

US cocoa futures prices closed higher Wednesday after trade buying reversed early losses from speculative selling, traders said. The New York Board of Trade's bellwether cocoa contract for December delivery gained $9, or 0.6 percent, to finish at $1,549 a
Published 08 Sep, 2005 12:00am
US MIDDAY: sugar plunges on liquidated positions

US MIDDAY: sugar plunges on liquidated positions

Raw sugar futures settled lower Wednesday as fund accounts liquidated positions in the spot contract, with more switch trade seen from players before the October contract expires at month's end, analysts said.
Published 08 Sep, 2005 12:00am
US MIDDAY: wheat lower on bearish tone

US MIDDAY: wheat lower on bearish tone

Wheat futures at the Chicago Board of Trade were lower at midsession on Wednesday, setting back from Tuesday's mildly higher close under the influence of declines in soybeans and corn, traders said. "Wheat came into today's session with a bearish tone, gi
Published 08 Sep, 2005 12:00am
US MIDDAY: corn down on slow export sales

US MIDDAY: corn down on slow export sales

Corn futures at the Chicago Board of Trade were lower early on Wednesday amid a setback from the higher close on Tuesday and on slow export sales of US corn, traders said.
Published 08 Sep, 2005 12:00am
US MIDDAY: copper falls on profit taking

US MIDDAY: copper falls on profit taking

Copper futures were sold after Wednesday's open as some funds took small profits, though traders said activity was exceptionally light and small trades were exaggerating price moves.
Published 08 Sep, 2005 12:00am
US MIDDAY: soyabeans slide on meal deliveries

US MIDDAY: soyabeans slide on meal deliveries

Soyabean futures at the Chicago Board of Trade fell about 4 to 5 cents per bushel early Wednesday, pressured by the weakness in soyameal following larger-than-expected meal deliveries posted before the open, traders said.
Published 08 Sep, 2005 12:00am
US MIDDAY: gold rises on technical barrier

US MIDDAY: gold rises on technical barrier

Gold futures in New York rose in sleepy trade early Wednesday, with traders waiting for more cues from currency and oil markets. One floor broker said gold broke through a small technical barrier at $450 an ounce but noted that traders needed more informa
Published 08 Sep, 2005 12:00am
Pakistan calls for facilitating FDI flow to Third World

Pakistan calls for facilitating FDI flow to Third World

Senator Kamil Ali Agha, in his address at the 51st CPA Conference being held at Nadi, Fiji Islands, has underscored the need for a strong international facilitation to direct international capital flows, especially foreign direct investment (FDI), to the
Published 08 Sep, 2005 12:00am
Protection against child abuse discussed

Protection against child abuse discussed

Lyari, a poverty stricken and overcrowded locality of metropolis appears to have the severest consequence on children belonging to the area - effecting their proper mental, physical and emotional growth.
Published 08 Sep, 2005 12:00am
World Literacy Day today

World Literacy Day today

The International Literacy Day is also being celebrated in Pakistan on Thursday, like the other parts of the world, to focus world-wide literacy issues and needs. It is estimated that 860 million of the world's adults (nearly two-thirds of them are women)
Published 08 Sep, 2005 12:00am
Flood warning system to be installed on 8 rivers

Flood warning system to be installed on 8 rivers

The government of NWFP in assistance with the meteorological office of Pakistan and water & power development authority (Wapda) is going to install 'Flood Warning System' on eight rivers in the province, Incharge Flood Warning System NWFP Engineer Abdul W
Published 08 Sep, 2005 12:00am
Paradigm shift

Paradigm shift

Sending of a Pakistani delegation to Gaza to hold talks with the PA and Israeli officials and the ensuing address of President Musharraf to the Jewish community of New York, have sent shudders among the Indian government and its strategists.
Published 08 Sep, 2005 12:00am
Utility bills refused

Utility bills refused

This is referring to your letter 'Ordeals of Utility Bills' appearing in your issue of August 30, 2005, highlighting the ordeals of paying utility bills in Gulistan-e-Johar, Karachi.
Published 08 Sep, 2005 12:00am
After long trek Japanese spacecraft nears asteroid target

After long trek Japanese spacecraft nears asteroid target

Rivals from the United States and Europe get the bigger headlines and bigger budgets, but a little-noticed Japanese mission to a distant space rock may scoop them all. Launched to the world's near-total indifference on May 9 2003, the little probe Hayabus
Published 08 Sep, 2005 12:00am
Schroeder's old bastion Germans talk of crisis

Schroeder's old bastion Germans talk of crisis

For Martin Harmann it was another fruitless morning in the Hanover labour office - the latest disappointment in a two-year quest for a job. "I've spent two hours looking, and found just two jobs in the whole of Germany ... Every job I apply for, there are
Published 08 Sep, 2005 12:00am
How to speed up growth of SME sector

How to speed up growth of SME sector

It is a globally recognised fact that small & medium enterprises (SMEs) have played an important role in boosting the economies of developing countries and particularly, the development success of the South East Asian countries and their achieving conside
Published 08 Sep, 2005 12:00am
Promises and performance

Promises and performance

It was about six years ago, to be more specific, 17th October 1999, that General Pervez Musharraf presented his vision and outlined his agenda to the nation to be pursued during his tenure at the helm of affairs of the country. Taking cognisance of the si
Published 08 Sep, 2005 12:00am
Fata forest development plan designed

Fata forest development plan designed

A comprehensive plan has been chalked out to develop forest sector in the long tribal belt bordering Afghanistan for bringing back maximum land under forestry with the allocation of over Rs 03 billion.
Published 08 Sep, 2005 12:00am
Doctors urged to adopt caring attitude towards patients

Doctors urged to adopt caring attitude towards patients

Chairman Wapda, Tariq Hamid has said that the authority is making every effort to further improve Wapda's medical system, as there is no parallel to an in-house treatment due to a sense of ownership among the employees of an organisation.
Published 08 Sep, 2005 12:00am
'Spanish Food Festival'

'Spanish Food Festival'

Pearl Continental (PC) Hotel Lahore was holding a 'Spanish Food Festival' from September 9 to 16 at its restaurant Marco Polo Restaurant. According to a PC's spokesman here on Wednesday, Spanish food would be presented with a new look and variety of dishe
Published 08 Sep, 2005 12:00am
Aptma hails launching of express goods train

Aptma hails launching of express goods train

All Pakistan Textile Mills Association (Aptma) has praised the government for launching express goods trains from upcountry to Karachi. In a press statement issued here on Wednesday, Chairman Aptma Arif Saeed said that logistic support to the industry, in
Published 08 Sep, 2005 12:00am
FPCCI and trade bodies reject strike call

FPCCI and trade bodies reject strike call

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the apex body of traders in the country, and its affiliated chambers and associations, have, in the greater national interest, rejected the opposition's call for a strike on September 9
Published 08 Sep, 2005 12:00am
SNGPL to introduce new gas bills

SNGPL to introduce new gas bills

Sui Northern Gas Pipeline Limited (SNGPL) is going to introduce new gas bills, which will be printed on new colourful format using imported extra white thick and quality paper. A spokesman of the SNGPL said here on Wednesday that initially about 15,000 ne
Published 08 Sep, 2005 12:00am
Rescue-15 service at tehsil level soon

Rescue-15 service at tehsil level soon

Rescue-15 service will soon be introduced at the tehsil level to deal promptly and effectively with any untoward incident and emergency situation. This was stated by Sheikhupura District Police Officer (DPO) Syed Ibn-e-Hussain while addressing a crime rev
Published 08 Sep, 2005 12:00am
ADB keen to support port development

ADB keen to support port development

The Asian Development Bank has recently initiated "Policy and Technical discussions" with the government of Pakistan on possible ADB support for the development of Port Sector. According to ADB sources, the first priority was to prepare a comprehensive Po
Published 08 Sep, 2005 12:00am
ADB chief told Punjab focussing on poverty alleviation

ADB chief told Punjab focussing on poverty alleviation

Punjab Chief Minister Chaudhry Pervaiz Elahi said here on Wednesday the government, while laying special emphasis on principles of good governance, has allocated additional funds for poverty alleviation.
Published 08 Sep, 2005 12:00am
'Telecom Engineering 2005'

'Telecom Engineering 2005'

In collaboration the Pakistan Telecom Manufacturing Association (PTMA), Engineering Development Board (EDB) of Pakistan was organising a two-day exhibition 'Telecom Engineering 2005' on September 26 in Islamabad.
Published 08 Sep, 2005 12:00am
PITAC urged to get more work orders from private sector

PITAC urged to get more work orders from private sector

Pakistan Industrial Technical Assistance Center (PITAC) has been assigned a target of generating an amount of Rs 6.7 million during the year 2005-06 by providing services to the private sector and imparting training to youth in different vocational and te
Published 08 Sep, 2005 12:00am
Aptma flays raise in input cost of textile sector

Aptma flays raise in input cost of textile sector

All Pakistan Textile Mills Association (Aptma) has warned the government that continuous increase in input cost of textile sector would adversely affect the textile exports of the country.
Published 08 Sep, 2005 12:00am
PML-Q to support slots of Nazim

PML-Q to support slots of Nazim

Punjab Chief Minister Chaudhry Pervaiz Elahi here on Wednesday has announced Pakistan Muslim League's (PML-Q) support for slots of Nazim. The CM hoped that these candidates if elected would serve their areas to the best of their efforts.
Published 08 Sep, 2005 12:00am
CDA to install 7 water filtration plants

CDA to install 7 water filtration plants

The Capital Development Authority (CDA) is installing seven more water filtration purification plants to provide neat and clean drinking water to the residents of different sectors here. The CDA Director Jamilur Rehman told reporters on Wednesday that tho
Published 08 Sep, 2005 12:00am
SNGPL signs deal with DHCL

SNGPL signs deal with DHCL

Sui Northern Gas Pipelines Limited (SNGPL) and Dawood Hercules Chemical Limited (DHCL) on Wednesday signed gas sale/purchase agreement revalidated for a period of next four years. SNGPL Managing Director Abdul Rashid Lone, and DHCL Managing Director Shahz
Published 08 Sep, 2005 12:00am
UAF launches online admission system

UAF launches online admission system

The University of Agriculture, Faisalabad (UAF) has successfully launched online admission system for the students desiring to get admission in undergraduate, postgraduate and other disciplines.
Published 08 Sep, 2005 12:00am
Strike call supported

Strike call supported

Transporters, traders, labour organisations and opposition parties who even did not take part in National Leaders Conference held on 4th September, vowed to support strike to be observed on 9th September, against price hike, increase in petroleum prices,
Published 08 Sep, 2005 12:00am
Punjab to have five more EPZs

Punjab to have five more EPZs

In order to speed up the export activities, the provincial government has decided to establish more Export Processing Zones (EPZs) in major industrial towns of the Punjab. Official sources told Business Recorder on Wednesday here the proposed EPZs
Published 08 Sep, 2005 12:00am
CDA demolishes Afghan refugees' huts

CDA demolishes Afghan refugees' huts

The capital development authority (CDA) has demolished more than 500 huts in sector I-11 after repatriation of about 13,000 Afghan refugees. Sources in CDA told Business Recorder that CDA enforcement directorate is engaged in clearing the area of I
Published 08 Sep, 2005 12:00am
Ar-Rehman College disaffiliated

Ar-Rehman College disaffiliated

The University of Karachi has disaffiliated Ar-Rehman College, D-17, Dagwood Co-operative Housing Society, Karachi. According to a press release by the University of Karachi, the College was managed by National Professional Educational Trust (NPET). It wa
Published 08 Sep, 2005 12:00am
Compensation to Tarbella Dam victims discussed

Compensation to Tarbella Dam victims discussed

A meeting of the standing committee on irrigation and power department was held under the chairmanship of MPA Zar Gul Khan at the conference room of the NWFP Assembly Secretariat on Wednesday.
Published 08 Sep, 2005 12:00am
Seminar on corporate image building on September 9

Seminar on corporate image building on September 9

The Training and Development Division of Happening International is organising a seminar on "Corporate image building" at a local hotel on Friday. A press release issued here on Wednesday said that the objective of the seminar is to present before the par
Published 08 Sep, 2005 12:00am
HBFC long-term rating maintained

HBFC long-term rating maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term rating at 'A' (Single A) and the short-term rating at 'A1' (A One) of House Building Finance Corporation (HBFC). These ratings denote a low expectation of credit risk emanating from a
Published 08 Sep, 2005 12:00am
HBFC long-term rating maintained

HBFC long-term rating maintained

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term rating at 'A' (Single A) and the short-term rating at 'A1' (A One) of House Building Finance Corporation (HBFC). These ratings denote a low expectation of credit risk emanating from a
Published 08 Sep, 2005 12:00am
Refineries depict 71 percent growth

Refineries depict 71 percent growth

Three refineries listed at the Karachi Stock Exchange (KSE) showed tremendous performance during the last fiscal year, depicting a growth of 71 percent because of strong growth in refinery margins, consumption and higher oil prices. As expected, local ref
Published 08 Sep, 2005 12:00am
Thai exhibition from September 10

Thai exhibition from September 10

The Department of Export Promotion, Ministry of Commerce, Royal Thai Government, in association with Thai Consulate General, Karachi and Thai Trade Centre, Dhaka is organising a three-day "Thailand Exhibition-2005" from September 10 to 12, at a hotel here
Published 08 Sep, 2005 12:00am
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