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Print - 2005-09-12
Oil exploration in sea

Oil exploration in sea

Indian Petroleum Secretary Sushil Chand Tripathy has said India was deliberating on oil exploration with Pakistan in the sea. Sushil Chand informed that India has technology and geologist and can assist Pakistan for oil exploration in the sea. He further
Published 12 Sep, 2005 12:00am
Foreign delegates invited to Hindko conference

Foreign delegates invited to Hindko conference

The Gandhara Hindko Board has extended invitations to foreign delegates for participation in the two-day grand Hindko Conference, to be held in Peshawar from November 19 to 20.
Published 12 Sep, 2005 12:00am
Students' impression dispelled about four-year degree course

Students' impression dispelled about four-year degree course

The vice-chancellors and teachers of Sindh, Mehran and Agriculture universities have tried to dispel the impression of a section of students and their supporters by explaining the steps taken by universities to improve the quality of higher education in t
Published 12 Sep, 2005 12:00am
Three killed

Three killed

Three persons were killed and fourteen others sustained injuries in two different road accidents during last 24 hours in the district.
Published 12 Sep, 2005 12:00am
'Rs 21 billion earmarked to raise literacy rate in Punjab'

'Rs 21 billion earmarked to raise literacy rate in Punjab'

The Punjab government has earmarked an amount of Rs 21 billion to raise literacy rate in the province within next three years for improving educational infrastructure ie repair and renovation of dilapidated buildings of schools and colleges throughout the
Published 12 Sep, 2005 12:00am
Wasa to launch Rs 5 billion sewerage projects

Wasa to launch Rs 5 billion sewerage projects

The Water and Sanitation Agency (Wasa) is fully prepared to launch Rs 5 billion three mega projects under Lai Sewerage System Development Plan, and has submitted the feasibility of these projects to the government.
Published 12 Sep, 2005 12:00am
Ibad pledges to follow Quaid's footsteps

Ibad pledges to follow Quaid's footsteps

Sindh Governor Dr Ishratul Ibad on Sunday paid glowing tributes to the Founder of Pakistan Quaid-e-Azam Muhammad Ali Jinnah on his 57th death anniversary and reiterated government's pledge for making Pakistan a moderate and enlightened state in pursuance
Published 12 Sep, 2005 12:00am
Price fluctuations remain range-bound

Price fluctuations remain range-bound

Guwar got the beating on the commodity wholesales markets where other items showed modest rise and fall during the week ended on September 10, 2005, relevant traders said. The commodities which were subjected to change were not many and they were, guwar,
Published 12 Sep, 2005 12:00am
Sindh cotton crop under pest attack

Sindh cotton crop under pest attack

Sindh cotton crop continues to remain under pest pressure as its 18 cotton growing districts are under sucking pest attacks of which 11 are also infested by pink and spotted bollworm.
Published 12 Sep, 2005 12:00am
SBP governor sees bright future of Islamic banking

SBP governor sees bright future of Islamic banking

Islamic Banking in Pakistan has a very bright future as the systems developed by the State Bank of Pakistan through its Shariah Board and Islamic Banking Division (IBD) will fully support this important area of banking.
Published 12 Sep, 2005 12:00am
Six injured

Six injured

Four passengers and two transport workers were injured in a various clashes over the transport fare increased by transporters on Sunday. Traffic on Faisalabad-Aminpur road remained blocked for two hours. Police have registered two separate cases against m
Published 12 Sep, 2005 12:00am
Fesco lineman electrocuted

Fesco lineman electrocuted

A lineman of Faisalabad Electric Supply Company (Fesco) Ghulam Mustaffa was died in a electric shock, he received while restoring electric supply of a village 38-GB, Satiana, in bad weather on Sunday.
Published 12 Sep, 2005 12:00am
Cotton production prospects dimmed by rains, pest attack

Cotton production prospects dimmed by rains, pest attack

Monsoons have again lashed almost all cotton areas of Sindh and Punjab, with showers to moderate rain. Presently, as the development of the entire cotton crop is not at one stage and is spread from flowering to harvesting stages, the impact of rains has b
Published 12 Sep, 2005 12:00am
Cotton production prospects dimmed by rains, pest attack

Cotton production prospects dimmed by rains, pest attack

Monsoons have again lashed almost all cotton areas of Sindh and Punjab, with showers to moderate rain. Presently, as the development of the entire cotton crop is not at one stage and is spread from flowering to harvesting stages, the impact of rains has b
Published 12 Sep, 2005 12:00am
Smooth phutti supply keeps prices subdued

Smooth phutti supply keeps prices subdued

The supply of phutti maintained smooth flow, despite such reports as to have adversely impacted on cotton trading during the week ended on September 10, 2005. Spot rate fluctuated both ways during the week to show no change at Rs 2125.
Published 12 Sep, 2005 12:00am
Pak-India talks to open new land routes

Pak-India talks to open new land routes

Pakistan and India held talks to open new land routes following on increasing trade activity at Wagah border. According to Radio Tehran, holding talks between two countries was aimed at boosting bilateral trade. India's Commerce Minister said that India c
Published 12 Sep, 2005 12:00am
Quaid's death anniversary observed

Quaid's death anniversary observed

The 57th death anniversary of the great leader Quaid-e-Azam Muhammad Ali Jinnah was observed across the country on Sunday with the pledge to follow in his footsteps and transform Pakistan into progressive and enlightened country.
Published 12 Sep, 2005 12:00am
Fair elections in Musharraf's presence not possible: Fahim

Fair elections in Musharraf's presence not possible: Fahim

Alliance for the Restoration of Democracy (ARD) Chairman Makhdoom Amin Fahim has said that in the presence of General Musharraf, holding of fair and impartial elections in the country is not possible.
Published 12 Sep, 2005 12:00am
World Bank study on salary, bonus under examination

World Bank study on salary, bonus under examination

The Central Board of Revenue (CBR) is examining a study of the World Bank (WB) on salary and bonus in revenue departments to make "Unified Reward Rules 2005" more viable.
Published 12 Sep, 2005 12:00am
New judicial year from today

New judicial year from today

Besides the fanfare planned for the opening of the new judicial year here from tomorrow (Monday), the main attraction of the Supreme Court reopening will be a five-member Constitutional Bench to determine some important issues related to imprisonment of c
Published 12 Sep, 2005 12:00am
Rain claims three lives

Rain claims three lives

Three people were killed and two received injuries as intermittent rain continued on Sunday. Ashfaq 26, was killed as he slipped from roof top in Korangi No 2-1/2 in the afternoon while enjoying downpour. Mohammad Shafi 24 died on the spot as he was elect
Published 12 Sep, 2005 12:00am
Inter-faith dialogue for global peace urged

Inter-faith dialogue for global peace urged

Speakers at a seminar, organised by Muslim Christian Federation International (MCFI) here on Sunday called for inter-faith dialogue for global peace, restoration of democracy and provision of justice to the downtrodden and to save world from terrorism.
Published 12 Sep, 2005 12:00am
11 villages declared calamity-hit areas

11 villages declared calamity-hit areas

The Revenue department has declared ten villages of Liaquatpur tehsil as calamity hit after the flood hit the areas. According to a notification here on Sunday, the calamity hit villages are, Beet Aaheer, Beet Imam Bakhsh Machi, Beet Blooch, Chak Noor Wal
Published 12 Sep, 2005 12:00am
PSIC to set up 'support city' for auto parts development

PSIC to set up 'support city' for auto parts development

Punjab Small Industries Corporation (PSIC) has planned to set up a 'support center' for the development of auto parts, designing of tools and dies as well as provision of testing facilities, at Lahore.
Published 12 Sep, 2005 12:00am
Minorities pay homage to Quaid-e-Azam

Minorities pay homage to Quaid-e-Azam

Minorities on Sunday staged a rally to pay homage to the father of the nation, Quaid-e-Azam Muhammad Ali Jinnah, on the occasion of his 57th death anniversary. A large number of people participated in the rally and were holding portraits of Quaid-e-Azam a
Published 12 Sep, 2005 12:00am
UBL employees demands raise in salary

UBL employees demands raise in salary

Pay scales and emoluments of United Bank Limited (UBL) employees should be raised in commensurate with the prevailing price index as the same have not been revised since 2001.
Published 12 Sep, 2005 12:00am
Pakistan bids for buying electricity from Iran

Pakistan bids for buying electricity from Iran

Pakistan has offered Iran to buy electricity at 4.25 cents per unit to meet the yawning gap between supply and demand of power within the country. Member power Wapda, Chaudhry Anwar Khalid, who recently returned from Iran, said that the government of Iran
Published 12 Sep, 2005 12:00am
Call for recognising work of women at every level

Call for recognising work of women at every level

In order to bring women folk in the mainstream of national development, a number of practical steps have been initiated and the government as output of these steps expects that by 2015, about 30-percent employment of women in public sector would be achiev
Published 12 Sep, 2005 12:00am
Long-term use of tobacco, alcohol may cause tumours

Long-term use of tobacco, alcohol may cause tumours

Ear ache, feeling of pressure or fullness in the ear, hearing problems, dizziness, nausea or vomiting, drainage from the ear and fever, are the most common signs of ear infection, which if not treated may spread to nearby areas of the ear, especially the
Published 12 Sep, 2005 12:00am
Religious scholar passes away

Religious scholar passes away

Qari Muhammad Mushtaq Sabri, a prominent religious scholar, died here on Sunday. He was 63. He left behind four sons and four daughters. His funeral prayer would be offered at Darbar Hazrat Mian Meer on Monday at 9 am.
Published 12 Sep, 2005 12:00am
Mass weddings in November

Mass weddings in November

A mass marriage ceremony to be held in the provincial capital in the month of November this year under the aegis of Idara Aghosh where as many as 100 couples will wed. General Secretary Idara Aghosh, Naseer Ahmed Rasim said here on Sunday that preparation
Published 12 Sep, 2005 12:00am
Economic ties with Brazil to be promoted

Economic ties with Brazil to be promoted

Pakistan and Brazil have agreed to give further impetus to promoting greater interaction and co-operation in the political, commercial, economic and defence fields. Foreign Minister of Brazil Celso Amorim, who visited Pakistan from September 9 to 11 and l
Published 12 Sep, 2005 12:00am
PITB announces scholarship programmes

PITB announces scholarship programmes

Punjab Information Technology Board (PITB) has announced "Outstanding talent scholarship programmes" for giving scholarships to deserving and talented students of Punjab in the fields of computer sciences, Information Technology, Information Technology Ma
Published 12 Sep, 2005 12:00am
Cotton output may fall 15 percent short of target

Cotton output may fall 15 percent short of target

Production of cotton crop may fall short by 10 to 15 percent of the target of 15 million bales due to monsoon, floods and bad weather this year, official sources told Business Recorder here on Saturday.
Published 12 Sep, 2005 12:00am
Overwhelming response for buying TCP sugar

Overwhelming response for buying TCP sugar

The Trading Corporation of Pakistan (TCP) has received overwhelming response for buying its sugar buffer stocks as it got 88 quotations for 50,000 tons sugar. According to sources, the quoted rates are between Rs 23.10 and Rs 24 per kg for small lots of 5
Published 12 Sep, 2005 12:00am
Convention to assess devolution process results today

Convention to assess devolution process results today

The Devolution Trust for Community Empowerment (DTCE), an Islamabad-based non-profit entity, will organise a national convention here on Monday featuring the launch of its second social audit report highlighting different aspects of President Musharraf's
Published 12 Sep, 2005 12:00am
Blasts damage power supply tower in Karachi

Blasts damage power supply tower in Karachi

Unknown miscreants tried to blow-up a 220,000kv electricity tower here at the National Highway near Port Qasim turning on Sunday, a Karachi Electric Supply Corporation (KESC) spokesman told PPI.
Published 12 Sep, 2005 12:00am
Blasts damage power supply tower in Karachi

Blasts damage power supply tower in Karachi

Unknown miscreants tried to blow-up a 220,000kv electricity tower here at the National Highway near Port Qasim turning on Sunday, a Karachi Electric Supply Corporation (KESC) spokesman told PPI.
Published 12 Sep, 2005 12:00am
Pilot dies as PAF plane crashes

Pilot dies as PAF plane crashes

The pilot of a fighter plane of Pakistan Air Force (PAF) was killed when the aircraft crashed in Mianwali district on early Sunday, the PAF said. "The Pakistan Air Force announces with deep regret the crash of a Mirage Aircraft near Pai Khel (Mianwali),"
Published 12 Sep, 2005 12:00am
Pilot dies as PAF plane crashes

Pilot dies as PAF plane crashes

The pilot of a fighter plane of Pakistan Air Force (PAF) was killed when the aircraft crashed in Mianwali district on early Sunday, the PAF said. "The Pakistan Air Force announces with deep regret the crash of a Mirage Aircraft near Pai Khel (Mianwali),"
Published 12 Sep, 2005 12:00am
Mirwaiz leaves for New York today

Mirwaiz leaves for New York today

The Chairman of the All Parties Hurriyat Conference (APHC), Mirwaiz Umar Farooq, is leaving occupied Srinagar for New Delhi on Monday on his way to New York.
Published 12 Sep, 2005 12:00am
Bullish trend on LSE

Bullish trend on LSE

The share market moved erratically last week, however, overall sentiment remained bullish with interest in oil and gas, PTCL and banking shares, while the index ended the week with a positive note.
Published 12 Sep, 2005 12:00am
Bullish trend on LSE

Bullish trend on LSE

The share market moved erratically last week, however, overall sentiment remained bullish with interest in oil and gas, PTCL and banking shares, while the index ended the week with a positive note.
Published 12 Sep, 2005 12:00am
Three-month treasury bills to see higher interest

Three-month treasury bills to see higher interest

The upcoming auction of Treasury Bills would see most of the participants in three-month tenor on expectations that the State Bank of Pakistan would further tighten its monetary policy because of higher inflation.
Published 12 Sep, 2005 12:00am
Three-month treasury bills to see higher interest

Three-month treasury bills to see higher interest

The upcoming auction of Treasury Bills would see most of the participants in three-month tenor on expectations that the State Bank of Pakistan would further tighten its monetary policy because of higher inflation.
Published 12 Sep, 2005 12:00am
Three-month treasury bills to see higher interest

Three-month treasury bills to see higher interest

The upcoming auction of Treasury Bills would see most of the participants in three-month tenor on expectations that the State Bank of Pakistan would further tighten its monetary policy because of higher inflation.
Published 12 Sep, 2005 12:00am
Three-month treasury bills to see higher interest

Three-month treasury bills to see higher interest

The upcoming auction of Treasury Bills would see most of the participants in three-month tenor on expectations that the State Bank of Pakistan would further tighten its monetary policy because of higher inflation.
Published 12 Sep, 2005 12:00am
Government to provide guarantee for 50MW power projects

Government to provide guarantee for 50MW power projects

The government has agreed to extend sovereign guarantee for power projects below 50MW, after strong protest by NWFP and AJK, which expressed their inability to develop the projects with the existing policy, official sources told Business Recorder.
Published 12 Sep, 2005 12:00am
Government to provide guarantee for 50MW power projects

Government to provide guarantee for 50MW power projects

The government has agreed to extend sovereign guarantee for power projects below 50MW, after strong protest by NWFP and AJK, which expressed their inability to develop the projects with the existing policy, official sources told Business Recorder.
Published 12 Sep, 2005 12:00am
Government to provide guarantee for 50MW power projects

Government to provide guarantee for 50MW power projects

The government has agreed to extend sovereign guarantee for power projects below 50MW, after strong protest by NWFP and AJK, which expressed their inability to develop the projects with the existing policy, official sources told Business Recorder.
Published 12 Sep, 2005 12:00am
Etisalat allowed to pledge PTCL shares after 18 months

Etisalat allowed to pledge PTCL shares after 18 months

The Privatisation Commission (PC) has reduced the time from 36 months to 18 months in case of Etisalat to pledge 26 percent PTCL ''''B'''' class shares for raising necessary funds, a relaxation which was refused to other bidders during the due diligence p
Published 12 Sep, 2005 12:00am
Etisalat allowed to pledge PTCL shares after 18 months

Etisalat allowed to pledge PTCL shares after 18 months

The Privatisation Commission (PC) has reduced the time from 36 months to 18 months in case of Etisalat to pledge 26 percent PTCL ''B'' class shares for raising necessary funds, a relaxation which was refused to other bidders during the due diligence phase
Published 12 Sep, 2005 12:00am
Etisalat allowed to pledge PTCL shares after 18 months

Etisalat allowed to pledge PTCL shares after 18 months

The Privatisation Commission (PC) has reduced the time from 36 months to 18 months in case of Etisalat to pledge 26 percent PTCL 'B' class shares for raising necessary funds, a relaxation which was refused to other bidders during the due diligence phase,
Published 12 Sep, 2005 12:00am
Etisalat allowed to pledge PTCL shares after 18 months

Etisalat allowed to pledge PTCL shares after 18 months

The Privatisation Commission (PC) has reduced the time from 36 months to 18 months in case of Etisalat to pledge 26 percent PTCL 'B' class shares for raising necessary funds, a relaxation which was refused to other bidders during the due diligence phase,
Published 12 Sep, 2005 12:00am
THE RUPEE: rates move both ways in currency market

THE RUPEE: rates move both ways in currency market

The rupee tumbled versus US currency last week amid increasing demand for the greenback, experts said. In the interbank market, the rupee shed modestly but easy supply of dollars supported it to recover the lost value for buying and selling at Rs 59.72 an
Published 12 Sep, 2005 12:00am
THE RUPEE: rates move both ways in currency market

THE RUPEE: rates move both ways in currency market

The rupee tumbled versus US currency last week amid increasing demand for the greenback, experts said. In the interbank market, the rupee shed modestly but easy supply of dollars supported it to recover the lost value for buying and selling at Rs 59.72 an
Published 12 Sep, 2005 12:00am
UN Assembly session opens on September 14

UN Assembly session opens on September 14

The United Nations General Assembly will commence its 60th session from September 14 at the UN Headquarters in New York that will be addressed by UN Secretary General Kofi Annan, General Assembly President Jan Eliasson (Sweden) and the Head of State of th
Published 12 Sep, 2005 12:00am
UN Assembly session opens on September 14

UN Assembly session opens on September 14

The United Nations General Assembly will commence its 60th session from September 14 at the UN Headquarters in New York that will be addressed by UN Secretary General Kofi Annan, General Assembly President Jan Eliasson (Sweden) and the Head of State of th
Published 12 Sep, 2005 12:00am
President vows to project Pakistan in a strong way

President vows to project Pakistan in a strong way

President Pervez Musharraf left for New York on Sunday to attend three-day summit of the world leaders beginning from Wednesday on the occasion of the 60th anniversary of the United Nations.
Published 12 Sep, 2005 12:00am
Rs 2.25 billion exports rebate paid in July-August

Rs 2.25 billion exports rebate paid in July-August

The Central Board of Revenue (CBR) has paid over Rs 2.25 billion as duty drawback (DDB) to exporters in July-August, 2005, whereas the claims of Rs 570 million pertaining to current fiscal year are pending.
Published 12 Sep, 2005 12:00am
Rs 2.25 billion exports rebate paid in July-August

Rs 2.25 billion exports rebate paid in July-August

The Central Board of Revenue (CBR) has paid over Rs 2.25 billion as duty drawback (DDB) to exporters in July-August, 2005, whereas the claims of Rs 570 million pertaining to current fiscal year are pending.
Published 12 Sep, 2005 12:00am
Rs 2.25 billion exports rebate paid in July-August

Rs 2.25 billion exports rebate paid in July-August

The Central Board of Revenue (CBR) has paid over Rs 2.25 billion as duty drawback (DDB) to exporters in July-August, 2005, whereas the claims of Rs 570 million pertaining to current fiscal year are pending.
Published 12 Sep, 2005 12:00am
Bullish trend persists on KSE

Bullish trend persists on KSE

Equity values at local bourses continued bullish trend during last week ended on September 10, despite the fact that leverage position in CFS--new version of badla--remained at its maximum level at Rs 25 billion.
Published 12 Sep, 2005 12:00am
Bullish trend persists on KSE

Bullish trend persists on KSE

Equity values at local bourses continued bullish trend during last week ended on September 10, despite the fact that leverage position in CFS--new version of badla--remained at its maximum level at Rs 25 billion.
Published 12 Sep, 2005 12:00am
Bullish trend persists on KSE

Bullish trend persists on KSE

Equity values at local bourses continued bullish trend during last week ended on September 10, despite the fact that leverage position in CFS--new version of badla--remained at its maximum level at Rs 25 billion.
Published 12 Sep, 2005 12:00am
Pre-trade verification on KSE starts today

Pre-trade verification on KSE starts today

Mock trading was conducted on Saturday to meet the deadline to start pre-trade verification system schedule to start from Monday. This step was agreed upon following the meeting of stockbrokers with government officials last month to raise the financing l
Published 12 Sep, 2005 12:00am
'No plan to recognise Israel'

'No plan to recognise Israel'

Pakistan Muslim League (PML) president and former prime minister Chaudhry Shujaat Hussain has said the government is not recognising Israel and any decision in this regard would be taken while keeping in view sentiments of the Palestinian people.
Published 12 Sep, 2005 12:00am
Rangers Jawan killed

Rangers Jawan killed

A Jawan of Rangers was killed when unidentified men opened fire at their truck at Sohrab Goth here on Sunday. The incident occurred after some unidentified gunmen attacked a Pesh Imam of a mosque near Al-Asif Square, a private TV channel reported.
Published 12 Sep, 2005 12:00am
Israel allows imports from Pakistan

Israel allows imports from Pakistan

Israel on Sunday decided to allow its citizens to import goods from Pakistan for the first time after foreign ministers of the two countries, signalling a diplomatic breakthrough, held a meeting at Istanbul in Turkey earlier this month.
Published 12 Sep, 2005 12:00am
Israel allows imports from Pakistan

Israel allows imports from Pakistan

Israel on Sunday decided to allow its citizens to import goods from Pakistan for the first time after foreign ministers of the two countries, signalling a diplomatic breakthrough, held a meeting at Istanbul in Turkey earlier this month.
Published 12 Sep, 2005 12:00am
Israel allows imports from Pakistan

Israel allows imports from Pakistan

Israel on Sunday decided to allow its citizens to import goods from Pakistan for the first time after foreign ministers of the two countries, signalling a diplomatic breakthrough, held a meeting at Istanbul in Turkey earlier this month.
Published 12 Sep, 2005 12:00am
More financing modes available at bourses

More financing modes available at bourses

Investors at capital market after reaching the limit under Continuous Funding System (CFS) have more avenues to finance shares to purchase, like in-house badla, futures options and other derivatives, soon to be formulated.
Published 12 Sep, 2005 12:00am
More financing modes available at bourses

More financing modes available at bourses

Investors at capital market after reaching the limit under Continuous Funding System (CFS) have more avenues to finance shares to purchase, like in-house badla, futures options and other derivatives, soon to be formulated.
Published 12 Sep, 2005 12:00am
More financing modes available at bourses

More financing modes available at bourses

Investors at capital market after reaching the limit under Continuous Funding System (CFS) have more avenues to finance shares to purchase, like in-house badla, futures options and other derivatives, soon to be formulated.
Published 12 Sep, 2005 12:00am
Musharraf leaves for New York

Musharraf leaves for New York

President Pervez Musharraf left for New York on Sunday to attend three-day summit of the world leaders beginning from Wednesday on the occasion of the 60th anniversary of the United Nations.
Published 12 Sep, 2005 12:00am
Musharraf leaves for New York

Musharraf leaves for New York

President Pervez Musharraf left for New York on Sunday to attend three-day summit of the world leaders beginning from Wednesday on the occasion of the 60th anniversary of the United Nations.
Published 12 Sep, 2005 12:00am
The Weather

The Weather

The weather report on Sunday (September 11) and the forecast for Monday (September 12, 2005).
Published 12 Sep, 2005 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (September 5 to 10, 2005).

Published 12 Sep, 2005 12:00am
PTA office-bearers

PTA office-bearers

Khurshid Alam and Khawaja Muhammad Ilyas have been elected as chairman and vice-chairman of the Pakistan Tanners Association (PTA) Northern Zone for the year 2005-06, respectively.
Published 12 Sep, 2005 12:00am
Opec denies report on output hike

Opec denies report on output hike

Opec denied on Sunday that its Acting Secretary General Adnan Shihab-Eldin said in a magazine interview that his organisation wanted to increase production by just under 2 million barrels a day.
Published 12 Sep, 2005 12:00am
Activists scuffle with police in Disneyland protest

Activists scuffle with police in Disneyland protest

Activists Sunday scuffled with police outside Hong Kong's Disneyland during a protest over alleged abuse of Chinese workers at factories supplying merchandise for the theme park.
Published 12 Sep, 2005 12:00am
Japanese business lobby celebrates Koizumi's victory

Japanese business lobby celebrates Koizumi's victory

Japan's top business lobby hailed a landslide election victory by the ruling Liberal Democratic Party Sunday as a "major breakthrough" and called for it to move ahead swiftly with economic reforms.
Published 12 Sep, 2005 12:00am
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