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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-09-16
Philippines shares sag

Philippines shares sag

Philippines share prices closed 0.61 percent lower on Thursday, ending a two-day rally after further losses on Wall Street and a fresh spike in oil prices hit sentiment, dealers said.
Published 16 Sep, 2005 12:00am
Hong Kong stocks plunge, property slumps

Hong Kong stocks plunge, property slumps

Hong Kong stocks fell nearly a third of a percent on Thursday with property stocks among the biggest losers ahead of earnings from one of the city's largest developers. Rate jitters ahead of a US rate meeting next week also pressured rate-sensitive proper
Published 16 Sep, 2005 12:00am
US stocks end lower after oil surges above $65

US stocks end lower after oil surges above $65

US stocks ended lower on Wednesday after a nearly $2 a barrel surge in the price of oil raised concerns that higher energy costs would eat into consumer budgets and corporate profits, hurting retailers and indurial shares such as Caterpillar Inc Tech stoc
Published 16 Sep, 2005 12:00am
Indian shares close at record high

Indian shares close at record high

Indian shares closed sharply higher on Thursday at a new record close as overseas funds bought stocks across the board, dealers said. Dealers said the surge in overseas fund-buying became a strong signal for domestic investors to buy shares as well.
Published 16 Sep, 2005 12:00am
US Treasuries fall as sales data suggest Fed to hike

US Treasuries fall as sales data suggest Fed to hike

US Treasury debt prices fell on Wednesday after August retail sales showed underlying strength in the US economy that suggested the Federal Reserve will press on with its program of interest rate hikes.
Published 16 Sep, 2005 12:00am
US Treasuries fall as sales data suggest Fed to hike

US Treasuries fall as sales data suggest Fed to hike

US Treasury debt prices fell on Wednesday after August retail sales showed underlying strength in the US economy that suggested the Federal Reserve will press on with its program of interest rate hikes.
Published 16 Sep, 2005 12:00am
Seoul shares make gains

Seoul shares make gains

Seoul stocks hit an all-time high on Thursday, boosted by surging steel and car makers amid hopes for better earnings, but a dip in flat panel makers on worries about profits in the sector sent the index lower at the close.
Published 16 Sep, 2005 12:00am
Thai share prices drop

Thai share prices drop

Thai share prices closed 0.92 percent lower on Thursday as foreign investors held back, waiting for a fresh lead, dealers said. The Stock Exchange of Thailand (SET) composite shed 6.57 points to 711.20 and the blue chip SET 50 index was down 5.35 points t
Published 16 Sep, 2005 12:00am
Singapore shares jump

Singapore shares jump

Singapore share prices closed 0.19 percent higher on Thursday, led by gains in property stocks amid increasingly positive sentiment on the outlook for the sector, dealers said. The Straits Times Index rose 4.32 points to 2,317.67. Volume was 1.1 billion s
Published 16 Sep, 2005 12:00am
Tokyo shares hit new four-year closing high

Tokyo shares hit new four-year closing high

Tokyo's Nikkei share average rose 1.19 percent on Thursday, hitting a fresh four-year closing high for the fourth time in five sessions, as foreign investors jumped back into the market.
Published 16 Sep, 2005 12:00am
Malaysian shares soar

Malaysian shares soar

Malaysian shares prices closed 0.54 percent higher on Thursday as local funds bought up market heavyweights, dealers said. The Kuala Lumpur Composite Index gained 4.91 points at 919.65 on volume of 584.39 mln shares worth 650.54 mln ringgit (173 million d
Published 16 Sep, 2005 12:00am
Jakarta shares weaken

Jakarta shares weaken

Indonesian share prices closed 0.73 percent lower on Thursday on continued profit-taking amid growing concerns that next month's fuel price hikes could spark violent street protests, dealers said.
Published 16 Sep, 2005 12:00am
Chinese yuan closes at post-reval high

Chinese yuan closes at post-reval high

China's yuan closed on Thursday at its highest versus the dollar since the July 21 revaluation, with dealers saying the central bank's absence signalled a growing but still limited tolerance for the currency's upward march.
Published 16 Sep, 2005 12:00am
Indian rupee recovers from lows as stocks rally

Indian rupee recovers from lows as stocks rally

The rupee recovered on Thursday from the session's low to end firmer as traders set aside concerns caused by a jump in crude prices, choosing to focus on a rallying stock market driven by foreign inflows.
Published 16 Sep, 2005 12:00am
Dollar up before US data, but investors cautious

Dollar up before US data, but investors cautious

The dollar strengthened on Thursday but was seen treading familiar ranges on caution ahead of a slew of data that should shed light on Hurricane Katrina's damage to the US economy.
Published 16 Sep, 2005 12:00am
Dollar dips on profit-taking, outlook unclear

Dollar dips on profit-taking, outlook unclear

The dollar crept lower on Wednesday, as dealers took profits on its recent climb to two-week highs, but the currency was delicately balanced by technical factors that could swing the greenback in either direction.
Published 16 Sep, 2005 12:00am
Hong Kong dollar stirs but unlikely to test upside cap

Hong Kong dollar stirs but unlikely to test upside cap

The Hong Kong dollar hit its highest level in nearly two years this week on strong inflows of foreign money but an absence of speculators means the currency is unlikely to test its upper limit in the near term, analysts say.
Published 16 Sep, 2005 12:00am
Asian currencies: Taiwan dollar, rupiah slip

Asian currencies: Taiwan dollar, rupiah slip

The Taiwan dollar hit a 10-month low against the US dollar on Thursday as the currency extended this week's losses despite expectations the central bank would lift interest rates later in the day.
Published 16 Sep, 2005 12:00am
Molik crashes out of Bali tennis

Molik crashes out of Bali tennis

Third seed Alicia Molik of Australia on Thursday crashed out of the WTA Wismilak International Tennis Tournament on the Indonesian resort island of Bali.
Published 16 Sep, 2005 12:00am
14th Palmolive Sindh women's swimming

14th Palmolive Sindh women's swimming

The 14th Palmolive Sindh Women's Swimming Championship is once again under way to create waves and set new records in the portfolio of these talented young swimmers.
Published 16 Sep, 2005 12:00am
England should apologise over 1992 reverse swing jibes: Akram

England should apologise over 1992 reverse swing jibes: Akram

Pakistan bowling great Wasim Akram says England should apologise for accusing his team of cheating in 1992 when they used the reverse swing - the same action which helped England win the Ashes. "England owe us an apology in a big way," Akram said.
Published 16 Sep, 2005 12:00am
Zimbabwe 67 for six at stumps, Ganguly hits up 5,000th Test run

Zimbabwe 67 for six at stumps, Ganguly hits up 5,000th Test run

Zimbabwe were 67 for six in their second innings at stumps on the third day of the first Test against India at the Queen's Sports Club here on Thursday. They trail India by 208 runs after the visitors were all out for 554 in their first innings.
Published 16 Sep, 2005 12:00am
US senator urges Pentagon to review disaster role

US senator urges Pentagon to review disaster role

The head of the Senate Armed Services Committee on Wednesday urged the Pentagon to review laws that limit the use of US troops to restore order after a disasters like Hurricane Katrina or a terror attack.
Published 16 Sep, 2005 12:00am
Britney Spears gives birth to her first child

Britney Spears gives birth to her first child

The pop star Britney Spears gave birth to a healthy baby boy on Wednesday, entertainment websites reported. The baby was delivered in a cesarean section shortly after 1:00 pm (2000 GMT) in Santa Monica at UCLA medical center, according to Us Weekly magazi
Published 16 Sep, 2005 12:00am
UK to deport 7 Algerians held as security threat

UK to deport 7 Algerians held as security threat

British authorities will deport seven Algerian men detained in dawn raids on Thursday because they are a threat to national security, officials said. A Home Office (Interior Ministry) source said the seven had been accused of being involved in a 2002 plot
Published 16 Sep, 2005 12:00am
Bird flu keeps wealthy Gulf falcon-hunters off Asia

Bird flu keeps wealthy Gulf falcon-hunters off Asia

Wealthy Gulf falcon-hunters who traditionally travelled to Asian countries in search of their prey are now heading to other destinations following the outbreak of bird flu in Asia two years ago.
Published 16 Sep, 2005 12:00am
Sounds from typing could be security risk: study

Sounds from typing could be security risk: study

Forget about watching, Big Brother may be listening. Sounds from typing on computer keyboards are distinctive enough to be decoded, allowing security breaches caused by "acoustic snooping," University of California, Berkeley researchers said on Wednesday.
Published 16 Sep, 2005 12:00am
Russia to boost image with own global news channel

Russia to boost image with own global news channel

A Russian 24-hour global television channel in English could be on the air by November to present a Russian perspective on international and domestic news, officials said on Thursday.
Published 16 Sep, 2005 12:00am
Bush's popularity continues downward spiral: polls

Bush's popularity continues downward spiral: polls

US President George W. Bush's approval rating continued its downward spiral in two polls out Thursday, reaching new lows on his performance in the war on terror and Iraq, and on handling the Hurricane Katrina aftermath. A Wall Street Journal/NBC News poll
Published 16 Sep, 2005 12:00am
Iraq ready to replace some foreign troops: Talabani

Iraq ready to replace some foreign troops: Talabani

Home-grown units could replace some of the foreign troops in Iraq by the end of this month but no timetable exists for a pullout of US-led forces, Iraqi President Jalal Talabani said on Thursday.
Published 16 Sep, 2005 12:00am
Zero progress at North Korean nuclear arms talks

Zero progress at North Korean nuclear arms talks

Talks on dismantling North Korea's nuclear weapons programmes sank into deadlock on Thursday, with Washington and Pyongyang at odds over the North's insistence on its right to a nuclear energy programme.
Published 16 Sep, 2005 12:00am
China calls for 'fair and effective' security order

China calls for 'fair and effective' security order

Chinese leader Hu Jintao called on world leaders at a summit here Thursday to establish a new "fair and effective" security order and step up co-operation in combating global terrorism.
Published 16 Sep, 2005 12:00am
Bush trade pledge 'grandiose', says Mandelson

Bush trade pledge 'grandiose', says Mandelson

Europe's trade chief said on Thursday it was unlikely that US President George W. Bush would have to honour his "grandiose" challenge to other world leaders to eliminate all barriers to trade. Bush told a UN summit on Wednesday he was willing to drop all
Published 16 Sep, 2005 12:00am
Israeli court upholds legality of West Bank barrier

Israeli court upholds legality of West Bank barrier

Israel's top court on Thursday upheld the government's legal right to build a barrier through occupied West Bank land, rejecting a World Court ruling that it violated international law and should be torn down.
Published 16 Sep, 2005 12:00am
Russian warplane crashes

Russian warplane crashes

A Russian Su-27 fighter crashed in Lithuania on Thursday after the pilot lost control and was forced to eject, Russian news agencies reported. They said the plane was flying to the Russian enclave of Kaliningrad, which is cut off from the rest of Russia b
Published 16 Sep, 2005 12:00am
Indian fireworks inferno kills 32

Indian fireworks inferno kills 32

At least 32 people including children were killed Thursday when a blaze at an eastern Indian fireworks factory set off explosions so powerful that the building collapsed, an official said.
Published 16 Sep, 2005 12:00am
Eritrea holds US embassy staff for trafficking

Eritrea holds US embassy staff for trafficking

Eritrea has arrested two local employees of the US embassy in Asmara on charges of human trafficking, the government said on Thursday - the latest in a series of diplomatic difficulties between the two countries.
Published 16 Sep, 2005 12:00am
Mayor to reopen parts of city as New Orleans recovers

Mayor to reopen parts of city as New Orleans recovers

New Orleans took a big step towards recovery from Hurricane Katrina on Thursday, when its mayor declared parts of the city would reopen at the weekend, as President George W. Bush prepared to announce a major rebuilding operation for the devastated Gulf r
Published 16 Sep, 2005 12:00am
Aceh rebels begin disarmament

Aceh rebels begin disarmament

Separatist rebels in Indonesia's Aceh province began handing over their guns Thursday under a pact designed to end almost three decades of war. In what the government termed a "historic event", members of the Free Aceh Movement (GAM) handed over Kalashnik
Published 16 Sep, 2005 12:00am
Sterling falls versus dollar

Sterling falls versus dollar

Sterling fell one percent on the day against the dollar on Thursday and also slipped versus the euro after weaker-than-expected UK retail sales data spurred speculation that the Bank of England might cut interest rates again.
Published 16 Sep, 2005 12:00am
Dollar powers to two-week high

Dollar powers to two-week high

The dollar powered to a two-week high against the euro, Swiss franc and sterling on Thursday, as investors bet that any damage to the US economy from Hurricane Katrina would be short-lived.
Published 16 Sep, 2005 12:00am
Bonds: TDC flogged while borrowers awaited

Bonds: TDC flogged while borrowers awaited

TDC was punished by European credit markets on Thursday amid concern a leveraged buyout would leave the Danish telecoms firm loaded with debt. Elsewhere, trading was subdued as a dearth of new issuance and tight yield spreads left investors with little mo
Published 16 Sep, 2005 12:00am
Bonds: TDC flogged while borrowers awaited

Bonds: TDC flogged while borrowers awaited

TDC was punished by European credit markets on Thursday amid concern a leveraged buyout would leave the Danish telecoms firm loaded with debt. Elsewhere, trading was subdued as a dearth of new issuance and tight yield spreads left investors with little mo
Published 16 Sep, 2005 12:00am
US Stocks: Thursday's unofficial close

US Stocks: Thursday's unofficial close

US stocks turned lower on Thursday after a regional manufacturing report showed signs of slower growth, triggering declines in economically sensitive stocks like Caterpillar Inc.
Published 16 Sep, 2005 12:00am
Chinese shares hold steady

Chinese shares hold steady

China's shares held steady on Thursday as the market consolidated gains after hitting a five-month peak on Wednesday. The benchmark Shanghai composite index closed at 1,217.281 points, unchanged from Wednesday, after the market recovered from a 0.2 percen
Published 16 Sep, 2005 12:00am
Resource stocks push FTSE to four-year high

Resource stocks push FTSE to four-year high

Britain's FTSE 100 index scored its highest close in four years on Thursday as investors flocked to oil shares and miners following positive comments from brokers and a rise in commodity prices.
Published 16 Sep, 2005 12:00am
Colombia assigns $20 million to help coffee producers

Colombia assigns $20 million to help coffee producers

Colombia, the world's third-largest coffee producer, has put aside roughly $20 million to protect coffee producers from falling world prices and the effect of the strong peso, a coffee official said on Thursday.
Published 16 Sep, 2005 12:00am
World copper seen in surplus from July 2006: analyst

World copper seen in surplus from July 2006: analyst

World copper supply will be nearly balanced in the fourth quarter and through the first half of 2006, after which there will be a surplus for many years, a senior metals industry consultant said on Wednesday.
Published 16 Sep, 2005 12:00am
Oil slips below $65 as demand declines

Oil slips below $65 as demand declines

Oil retreated below $65 on Thursday as dealers saw mounting evidence of eroding fuel demand and amply supplied crude markets. Oil cartel Opec forecast that rising pump prices would finally start to crimp world oil demand growth that has been powered by th
Published 16 Sep, 2005 12:00am
EU keeps wheat export subsidy steady

EU keeps wheat export subsidy steady

The European Union kept its wheat export subsidy steady at six euros a tonne on Thursday, although the volume was relatively low at under 60,000 tonnes. At its second meeting after the summer break, the EU's grain panel also rejected free-market barley ex
Published 16 Sep, 2005 12:00am
New York cotton closes easier

New York cotton closes easier

Cotton futures ended lower Thursday on speculative sales and the market is seen coming under further pressure due to the imminent harvest of a huge cotton crop in the United States, brokers said.
Published 16 Sep, 2005 12:00am
Liffe coffee turns lower on technical selling

Liffe coffee turns lower on technical selling

Liffe's robusta futures closed lower on Thursday after eroding previous gains once technical selling in New York spilt into the London market, dealers said. "Funds have been technical sellers and there's long liquidation led by New York," one trader said.
Published 16 Sep, 2005 12:00am
Nickel slumps on technical selling

Nickel slumps on technical selling

London Metal Exchange (LME) nickel prices sank to end Thursday's floor trading seven percent down on technical selling by funds, as worries faded about a labour strike in Canada, dealers said. Three-months prices closed at $13,000 a tonne, down $975 from
Published 16 Sep, 2005 12:00am
European gold hits new 2005 high

European gold hits new 2005 high

Gold came to within $2 of its highest level in just over 17 years on Thursday in Europe as speculative funds continued to buy despite a stronger dollar, and traders looked for new peaks. Gold was also firm in other currencies - scoring a new all-time high
Published 16 Sep, 2005 12:00am
US MIDDAY: cocoa at two-week low on speculative liquidation

US MIDDAY: cocoa at two-week low on speculative liquidation

US cocoa futures settled at two-week lows Thursday as speculators continued to dump their long positions in the face of a firmer US dollar and forecasts for a plentiful West African crop, market sources said.
Published 16 Sep, 2005 12:00am
US MIDDAY: sugar moves up on trade buying

US MIDDAY: sugar moves up on trade buying

Raw sugar prices settled higher Thursday on trade buying tied to switch activity by investors moving positions out of the spot contract before it expires at the end of the month, brokers said.
Published 16 Sep, 2005 12:00am
US MIDDAY: corn falls on technical selling

US MIDDAY: corn falls on technical selling

Corn futures at the Chicago Board of Trade fell to new contract lows early on Thursday amid seasonal harvest pressure, prospects for a big corn crop and spillover technical selling after Wednesday's declines, traders said.
Published 16 Sep, 2005 12:00am
US MIDDAY: wheat lower on technical selling

US MIDDAY: wheat lower on technical selling

Wheat futures at the Chicago Board of Trade were lower at midmorning on Thursday on technical selling and bearish export data for US soft wheat, traders said.
Published 16 Sep, 2005 12:00am
US MIDDAY: soyabeans grind down on crop data

US MIDDAY: soyabeans grind down on crop data

Soyabean futures at the Chicago Board of Trade ground to the week's lows on Thursday as the market continued to look for a bottom after USDA released its bearish crop data four days ago, traders said.
Published 16 Sep, 2005 12:00am
US MIDDAY: gold off multi-year high on fund buying

US MIDDAY: gold off multi-year high on fund buying

US benchmark gold futures surged to a 17-year high on Thursday morning, then edged back a bit, as concerns about inflation and US economic growth attracted safe-haven and fund buying in the precious metal.
Published 16 Sep, 2005 12:00am
Qazi condemns Musharraf's pro-US and Israel policies

Qazi condemns Musharraf's pro-US and Israel policies

Muttahidda Majlis-e-Amal (MMA) President, Qazi Hussain Ahmed said on Thursday that General Pervez Musharraf was engaged in flattery of USA and Israel to linger on his rule and his meeting with Israel's Prime Minister was preplanned.
Published 16 Sep, 2005 12:00am
One killed accidentally

One killed accidentally

A visitor Muhammad Pervaiz of Chak 344-JB was killed in the premises of Habib Bank Limited Chiraghabad Branch, when a gun of security guard accidentally went off.
Published 16 Sep, 2005 12:00am
Fishermen advised to stay away from sea

Fishermen advised to stay away from sea

Fishermen's Co-operative Society (FCS) has prohibited travel of all fishing boats to open sea due to bad weather and gusty winds in Arabian Sea.
Published 16 Sep, 2005 12:00am
Bank notes' salient features available on SBP website

Bank notes' salient features available on SBP website

State Bank of Pakistan has placed salient features including security features of bank notes of all denominations which are currently in circulation on its website: http://www.sbp.org.pk/banknotes
Published 16 Sep, 2005 12:00am
Azgard IPO from September 19

Azgard IPO from September 19

Azgard 9 Limited, a denim jeans and other garments manufacturing company, will offer Rs 400 million rated, listed, secured and convertible Term Finance Certificate (TFC) for public subscription from September 19-20, 2005.
Published 16 Sep, 2005 12:00am
Azgard IPO from September 19

Azgard IPO from September 19

Azgard 9 Limited, a denim jeans and other garments manufacturing company, will offer Rs 400 million rated, listed, secured and convertible Term Finance Certificate (TFC) for public subscription from September 19-20, 2005.
Published 16 Sep, 2005 12:00am
NCGC to promote chemical sciences

NCGC to promote chemical sciences

The National Core Group in Chemistry (NCGC) will promote chemical sciences in the country, in accordance with the 'Human Resources Development Programme' emphasised by Higher Education Commission (HEC).
Published 16 Sep, 2005 12:00am
Punjab approves 34,000 teachers induction plan

Punjab approves 34,000 teachers induction plan

The Punjab government has approved induction plan of 34,000 new teachers in the educational institutions in the province. This was stated by Punjab Minister for Management and Professional Development, Sardar Hassan Akhtar at a seminar on literacy day her
Published 16 Sep, 2005 12:00am
Street theater held on issues of migrant workers

Street theater held on issues of migrant workers

To highlight the issues faced by migrant workers, a street theater was organised by Ujjal Migrant Community Center, a joint project of Lawyers for Human Rights & Legal Aid (LHRLA) and Co-ordination for Action Research on AIDS and Mobility (CARAM-Asia) at
Published 16 Sep, 2005 12:00am
Restructuring of Railways

Restructuring of Railways

There has been a series of disasters and debacles that has shaken the common man's confidence in Railways. It however remains the sole mode of transportation for men and cargo within the country, for without it the nation's industry will come to a standst
Published 16 Sep, 2005 12:00am
Superstition and hunger in Uganda

Superstition and hunger in Uganda

After Betty Lokol's two-year-old son died of hunger, she was ready to do whatever the village witch-doctor said. He advised the 25-year-old Ugandan mother to smear ochre mud on her forehead and on her three surviving children. Everyone in the village was
Published 16 Sep, 2005 12:00am
Fuel smugglers have Cambodia over a barrel

Fuel smugglers have Cambodia over a barrel

As night falls over the watery wastes of the Cambodia-Vietnam border, the petrol people start their day. Rainy season floods give the Mekong Delta smugglers myriad routes through the rice fields where 35 years ago North Vietnamese communist guerrillas bat
Published 16 Sep, 2005 12:00am
Ozone - past, present and future

Ozone - past, present and future

Some 185 years after the odour of ozone was smelled for the first time, scientists around the world began to focus their attention on reports that something unusual is going on in the atmosphere. What they discovered was shocking for many while for others
Published 16 Sep, 2005 12:00am
The Senate uproar

The Senate uproar

As if the persistent lack of quorum in both houses of Parliament was not bad enough, the Senate presented a particularly unsavoury spectacle on Tuesday. The Opposition members would not let the proceedings start with, as they described him, a 'stranger in
Published 16 Sep, 2005 12:00am
Pakistan's voice in UN, cogent and clear

Pakistan's voice in UN, cogent and clear

The role that an underdeveloped country like Pakistan in the best of times can play on the international scene is fairly limited. In hindsight it is clear that whenever we have had an opportunity in the past our capacity to make a hash of it has been seco
Published 16 Sep, 2005 12:00am
Proceedings against 92 education employees initiated

Proceedings against 92 education employees initiated

Executive District Officer (Education) Gujranwala has proceeded against as many as 92 employees mostly teachers on the charges of absence from duty during the last three years.
Published 16 Sep, 2005 12:00am
Landlord killed

Landlord killed

A group of unidentified armed dacoits shot dead one landlord Muhammad Iqbal Cheema while resisting to a dacoity bid in his house here at village Kot Chadu-Begowala, Sambrial Wednesday night.
Published 16 Sep, 2005 12:00am
Petition against misuse of national flag disposed of

Petition against misuse of national flag disposed of

The Lahore High Court (LHC) disposed of a petition against the misuse of national flag after chief secretary and home secretary Punjab gave an assurance for implementing the Pakistan Names and Emblems (prevention of unauthorised) Act 1957 under which only
Published 16 Sep, 2005 12:00am
WTC launches WLL service in Sialkot

WTC launches WLL service in Sialkot

Worldcall Telecom Ltd, (WTC) launched its wireless local loop (WLL) service in Sialkot, in which local businessmen, franchise-holders and customers witnessed the ribbon-cutting ceremony.
Published 16 Sep, 2005 12:00am
Asian Bank approves aid for Punjab agriculture project

Asian Bank approves aid for Punjab agriculture project

Asian Development Bank has approved technical assistance for preparing the Punjab Irrigated Agriculture Development Sector Project, which is co-financed by the Japan Special Fund, the government of Netherlands, and the Co-operation Fund for the Water Sect
Published 16 Sep, 2005 12:00am
Light rain forecast

Light rain forecast

Multan city received intermittent showers on Thursday. In the city, the light rain coupled with breeze brought down the mercury level bringing pleasant change in the weather. More rains are expected in the southern Punjab during the next 24 hours.
Published 16 Sep, 2005 12:00am
Khawaja Abdullah elected MCCI president

Khawaja Abdullah elected MCCI president

Khawaja Muhammad Abdullah has been elected as President of Multan Chamber of Commerce and Industry (MCCI) for the year 2005-06. He will take charge of his office on September 30. He will replace Mian Mughis A. Sheikh, who was elected thrice as president o
Published 16 Sep, 2005 12:00am
Female sports city being set up in Lahore: Elahi

Female sports city being set up in Lahore: Elahi

Punjab Chief Minister Chaudhry Pervaiz Elahi has said the government of Punjab was establishing a sports city in Lahore with foreign collaboration, which would focus on promotion of female sports in the province.
Published 16 Sep, 2005 12:00am
LHC summons jail official

LHC summons jail official

Justice Muhammad Bilal Khan of the Lahore High Court (LHC) on Thursday summoned the Kot Lakhpat Jail Superintendent for Friday in a petition seeking treatment of a prisoner suffering from hepatitis-C outside the jail hospital.
Published 16 Sep, 2005 12:00am
Rulers defying Pakistan's image: PML-N

Rulers defying Pakistan's image: PML-N

Pakistan Muslim League (Nawaz) said on Thursday that formal and colossal diplomatic relations with Israel was an attempt to prove Pakistan an 'enlightened moderate' rather than an 'Islamic fundamentalist state'.
Published 16 Sep, 2005 12:00am
'Deregulation policy beneficial for country's economy'

'Deregulation policy beneficial for country's economy'

Chief Executive Officer (CEO) of Awval Telecom (pvt) Ltd, Dr Usman Akhtar Kahlun has said that the government's deregulation policy has allowed the entire telecom sector to make a significant development in this field, which is a good sign for uplift of t
Published 16 Sep, 2005 12:00am
Quality Assurance Agency to be set up in HEC head office

Quality Assurance Agency to be set up in HEC head office

A 'Quality Assurance Agency' will be established at the head office of the Higher Education Commission (HEC), Islamabad, for all planning and monitoring aspects of the projects at a total cost of Rs 23.06 million.
Published 16 Sep, 2005 12:00am
Strong opposition candidates withdraw in Multan

Strong opposition candidates withdraw in Multan

Syed Ahmed Mujtaba Gilani, younger brother of former NA speaker Syed Yousuf Raza Gilani has refused to contest for Nazim slot from Shershah Town while the combined opposition had nominated him, and had to replaced him at the last moment with Zahid Aziz Bu
Published 16 Sep, 2005 12:00am
Scrutiny of nomination papers today

Scrutiny of nomination papers today

The scrutiny of nomination papers, filed by candidates for nazim slots across the province, would be held on Friday, September 16. The candidates are vying for 5 city district nazim seats, 30 district nazim, 38 town nazim and 106 teshil nazim seats.
Published 16 Sep, 2005 12:00am
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