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Print - 2005-09-18
Shanghai copper slips

Shanghai copper slips

Shanghai copper futures weakened for the third straight day on Friday under pressure from an abundance of spot supply at home and overseas. Copper stocks in the Shanghai Futures Exchange's warehouses fell a tiny 458 tonnes to 42,071 tonnes in the week end
Published 18 Sep, 2005 12:00am
Australian wool gains

Australian wool gains

Australian wool prices showed a slight improvement last week from recent five year lows, supported by a steady Australian dollar and renewed European interest, analysts said on Friday.
Published 18 Sep, 2005 12:00am
New York sugar settles near five-year high

New York sugar settles near five-year high

Raw sugar prices closed on Friday near a five-year high on solid trade buying and the market is seen punching higher in the weeks ahead due to bullish fundamentals, brokers said.
Published 18 Sep, 2005 12:00am
India's soyaoil futures fall

India's soyaoil futures fall

Indian soyaoil futures were marginally down on Friday on expectations the government may reduce base import prices used to calculate tariffs while sugar prices were down on bumper crop prospects.
Published 18 Sep, 2005 12:00am
Soya firm on pre-weekend bounce, exports

Soya firm on pre-weekend bounce, exports

Chicago Board of Trade soyabean futures closed firm Friday on a pre-weekend technical bounce after the November contract slid more than 25 cents in the past week, traders said.
Published 18 Sep, 2005 12:00am
Australian grain: rains promise strong wheat crop

Australian grain: rains promise strong wheat crop

Australia's wheat crop is progressing well and will probably get the rainfall needed for a harvest around the upper levels of the forecast range, industry experts said on Friday.
Published 18 Sep, 2005 12:00am
Malaysian tin hits 19-month low

Malaysian tin hits 19-month low

Malaysian tin extended losses on Friday, falling another 1.3 percent to a 19-month low as the market followed weakness in London. The metal ended down $90 at $6,670 a tonne, the lowest level since February 13, 2004. It has fallen 5.3 percent in the last t
Published 18 Sep, 2005 12:00am
Comex copper down

Comex copper down

Copper futures fell to a weaker close on Friday, as funds stuck to the light selling that characterised activity in the red metal all week, traders said. The sharp drop in the US consumer sentiment reading pressured copper, already down because of the lat
Published 18 Sep, 2005 12:00am
New York gold settles at new 17-year peak as rally extends

New York gold settles at new 17-year peak as rally extends

US benchmark gold futures closed at a 17-year high on Friday as robust demand for bullion and jitters over inflation and the US economy stoked a buying spree in the precious commodity for a second straight day.
Published 18 Sep, 2005 12:00am
Thai rice futures ends steady

Thai rice futures ends steady

Thai rice futures ended flat on Friday with some investors buying contracts to take physical delivery because supply in the open market is tight, brokers said.
Published 18 Sep, 2005 12:00am
CBOT rice closes mixed

CBOT rice closes mixed

Rough rice futures at the Chicago Board of Trade closed mixed on Friday, within recent ranges amid light volume, traders said. "We're stuck in a tight range that seems to be narrowing," said one rice trader. The November contract closed 1 cent higher at $
Published 18 Sep, 2005 12:00am
Canadian bonds slip with Treasuries

Canadian bonds slip with Treasuries

The Canadian bond prices followed US treasuries lower on Friday, as growing inflation concerns in the United States built worries about more Federal Reserve interest rate increases. "Basically, Canadian bonds completely followed the US treasury lead lower
Published 18 Sep, 2005 12:00am
Canadian bonds slip with Treasuries

Canadian bonds slip with Treasuries

The Canadian bond prices followed US treasuries lower on Friday, as growing inflation concerns in the United States built worries about more Federal Reserve interest rate increases. "Basically, Canadian bonds completely followed the US treasury lead lower
Published 18 Sep, 2005 12:00am
Brazilian stocks end at record close

Brazilian stocks end at record close

The Bovespa stock index set historic closing and intraday highs on Friday, with Brazil's risk premium trading at an eight-year low and domestic interest rate cuts spurring hopes of faster growth in South America's largest economy.
Published 18 Sep, 2005 12:00am
US corporate bonds: Delphi falls on bankruptcy speculation

US corporate bonds: Delphi falls on bankruptcy speculation

Spreads in the corporate bond market were mixed in moderate trading, with most activity occurring in high-yield names as bonds in the auto supplier sector weakened on increased speculation Delphi Corp may file for bankruptcy.
Published 18 Sep, 2005 12:00am
US corporate bonds: Delphi falls on bankruptcy speculation

US corporate bonds: Delphi falls on bankruptcy speculation

Spreads in the corporate bond market were mixed in moderate trading, with most activity occurring in high-yield names as bonds in the auto supplier sector weakened on increased speculation Delphi Corp may file for bankruptcy.
Published 18 Sep, 2005 12:00am
Jakarta to launch sovereign bond

Jakarta to launch sovereign bond

Indonesia will launch a sovereign bond at the end of this month to help raise funds to finance the state budget deficit, a finance ministry official told reporters on Friday.
Published 18 Sep, 2005 12:00am
Jakarta to launch sovereign bond

Jakarta to launch sovereign bond

Indonesia will launch a sovereign bond at the end of this month to help raise funds to finance the state budget deficit, a finance ministry official told reporters on Friday.
Published 18 Sep, 2005 12:00am
American credit market outlook

American credit market outlook

Delphi Corp debt protection costs rose and its bonds fell on Friday following a report that concluded the company is more likely to file for bankruptcy than not and suggested recovery assumptions on the auto supplier's debt may be inflated.
Published 18 Sep, 2005 12:00am
American credit market outlook

American credit market outlook

Delphi Corp debt protection costs rose and its bonds fell on Friday following a report that concluded the company is more likely to file for bankruptcy than not and suggested recovery assumptions on the auto supplier's debt may be inflated.
Published 18 Sep, 2005 12:00am
Argentinean stocks dip after record highs

Argentinean stocks dip after record highs

Argentine stocks closed steady on Friday, even though investors pocketed gains after Thursday's record highs, traders said. The MerVal index of 11 leading stocks ended 0.08 percent lower at 1,628.13 points, just off an all-time high of 1,629.56 points in
Published 18 Sep, 2005 12:00am
Chilean stocks surge on pre-holiday bounce

Chilean stocks surge on pre-holiday bounce

Chilean stocks rose in heavier than expected a short session of pre-holiday trade on Friday, led by steelmaker CAP, while the peso edged down slightly in a sluggish currency market.
Published 18 Sep, 2005 12:00am
Gold help push Toronto stocks near 11,000 mark

Gold help push Toronto stocks near 11,000 mark

High-flying gold mining issues helped Toronto stocks close near the 11,000 mark on Friday, as the bullion price climbed to its loftiest level in 17 years.
Published 18 Sep, 2005 12:00am
Brazil Treasury revises global bond underwriters

Brazil Treasury revises global bond underwriters

Brazil's Treasury on Friday asked Banco Itau to co-manage a "possible sale" of its first global bond denominated in reais, one day after naming Goldman Sachs and J.P. Morgan to lead the sale.
Published 18 Sep, 2005 12:00am
Brazil Treasury revises global bond underwriters

Brazil Treasury revises global bond underwriters

Brazil's Treasury on Friday asked Banco Itau to co-manage a "possible sale" of its first global bond denominated in reais, one day after naming Goldman Sachs and J.P. Morgan to lead the sale.
Published 18 Sep, 2005 12:00am
US stocks finish higher on blue chip upgrades

US stocks finish higher on blue chip upgrades

US stocks ended higher on Friday after upgrades of Exxon Mobil Corp and Intel Corp boosted the Dow, while a drop in oil prices cushioned the blow of a monthly indicator showing consumer sentiment at its lowest level in 13 years.
Published 18 Sep, 2005 12:00am
US Treasuries falter as inflation fears favour bears

US Treasuries falter as inflation fears favour bears

US Treasury debt sold off for a third session on Friday, sending benchmark yields to one-month highs as bearish technicals and growing inflation fears obscured a Katrina-related plunge in US consumer confidence.
Published 18 Sep, 2005 12:00am
US Treasuries falter as inflation fears favour bears

US Treasuries falter as inflation fears favour bears

US Treasury debt sold off for a third session on Friday, sending benchmark yields to one-month highs as bearish technicals and growing inflation fears obscured a Katrina-related plunge in US consumer confidence.
Published 18 Sep, 2005 12:00am
Brazilian currency ends flat

Brazilian currency ends flat

The Brazilian real currency dipped 0.09 percent to end at 2.299 to the US dollar on Friday. On Thursday, the real rallied nearly 1.4 percent, boosted by heavy inflows of greenbacks from exports and corporate bond sales as well as news the Treasury is plan
Published 18 Sep, 2005 12:00am
Indian foreign exchange reserves fall

Indian foreign exchange reserves fall

India's foreign exchange reserves fell to $145.277 billion on September 9 from $145.555 billion a week earlier, the Reserve Bank of India said in its weekly statistical supplement on Saturday.
Published 18 Sep, 2005 12:00am
Forex market views, key levels

Forex market views, key levels

Following is a selection of comments from analysts on important technical developments in the foreign exchange market.
Published 18 Sep, 2005 12:00am
Dollar ends mixed in New York as German election approaches

Dollar ends mixed in New York as German election approaches

The dollar climbed against the yen but slipped against the euro on Friday as investors unraveled bets on the Japanese currency and staked out positions ahead of an election in Germany on Sunday. Earlier in the session, investors were captivated by a repor
Published 18 Sep, 2005 12:00am
South Korea's inflation buoyed by consumer spending

South Korea's inflation buoyed by consumer spending

Inflation is at a five-year low in South Korea and the economy is still emerging from an extended slump in consumer spending, yet the central bank is talking of raising rates as soon as next month. The reason is that despite low inflation, a stalling curr
Published 18 Sep, 2005 12:00am
IMM speculators pare net long euro position

IMM speculators pare net long euro position

Speculators in IMM euro futures pared back a net long position during the trading week ending September 13, data released on Friday showed. Speculators cut the net long euro position to 7,585 contracts from 23,518 reported the week before.
Published 18 Sep, 2005 12:00am
Canadian dollar gains

Canadian dollar gains

The Canadian dollar pushed higher on Friday, as data showing a wider-than-expected US current account shortfall stoked fears about the US trade position, while bonds eased in tandem with falling US Treasuries. The Canadian dollar was at C$1.1816 to the US
Published 18 Sep, 2005 12:00am
Man lived with dead mother for five years

Man lived with dead mother for five years

A 60-year-old man shared a two-room apartment with his mother's corpse for five years, concealing her death so he could receive her pension, French police said Saturday.
Published 18 Sep, 2005 12:00am
Deadlocked North Korea talks to resume today

Deadlocked North Korea talks to resume today

Six-party talks aimed at defusing a crisis over North Korea's nuclear ambitions will enter a sixth day on Sunday after failing to a break a deadlock over Pyongyang's insistence on its right to atomic energy.
Published 18 Sep, 2005 12:00am
New Zealand Premier Clark claws back lead in vote count

New Zealand Premier Clark claws back lead in vote count

New Zealand Prime Minister Helen Clark was poised to form an historic third successive government after her Labour Party clawed its way back past opposition National in a nail-biting election on Saturday.
Published 18 Sep, 2005 12:00am
Sharon threatens to disrupt Palestinian vote

Sharon threatens to disrupt Palestinian vote

Israel could hinder voting in the occupied West Bank during a Palestinian legislative election in January if Hamas candidates take part, Prime Minister Ariel Sharon said in remarks published on Saturday.
Published 18 Sep, 2005 12:00am
Palestinian police stop border chaos

Palestinian police stop border chaos

Palestinian police fired in the air to disperse stone-throwing youths at the Gaza-Egypt border on Saturday as forces tried to stop the chaotic flow of people across the frontier since Israel withdrew from the Gaza Strip.
Published 18 Sep, 2005 12:00am
German election rivals woo undecided voters

German election rivals woo undecided voters

German Chancellor Gerhard Schroeder and his rival Angela Merkel made a last push for votes on Saturday, hours before polls open in an election that will set the agenda for reform in Europe's largest economy.
Published 18 Sep, 2005 12:00am
Business owners head back to New Orleans

Business owners head back to New Orleans

New Orleans business owners headed back home on Saturday to help in the mammoth task of rebuilding the city as recovery teams moved across battered neighbourhoods to collect the victims of Hurricane Katrina.
Published 18 Sep, 2005 12:00am
Beirut car bomb kills one, wounds 23

Beirut car bomb kills one, wounds 23

A car bomb exploded in a mainly Christian residential neighbourhood of Beirut late on Friday, killing one person and wounding at least 23, Red Cross and security sources said. The bomb exploded near a branch of Lebanon's Byblos Bank in the area of Achrafi
Published 18 Sep, 2005 12:00am
Seven killed in Chechnya

Seven killed in Chechnya

Chechen militants have killed six pro-Moscow police and wounded another nine, local media reported on Saturday in a major blow to Russian forces in the turbulent region.
Published 18 Sep, 2005 12:00am
US support for Iraq war at all-time low

US support for Iraq war at all-time low

Support for the Iraq war has fallen to an all-time low in the United States of 44 percent, according to a poll released Saturday which also highlighted mounting public concern over the cost of the conflict.
Published 18 Sep, 2005 12:00am
Train derails in Chicago, dozens injured

Train derails in Chicago, dozens injured

A commuter train derailed in Chicago on Saturday, injuring dozens, authorities said. There was one "unconfirmed report of a fatality," Tom Miller, spokesman for Metra commuter trains, told CNN television after the inbound train from Joliet derailed.
Published 18 Sep, 2005 12:00am
Iran must keep nuclear fuel cycle: Ahmadinejad

Iran must keep nuclear fuel cycle: Ahmadinejad

US Secretary of State Condoleezza Rice demanded on Saturday that Iran abandon a suspected quest for atomic weapons but Tehran's new president said his country would defend its right to enrich uranium.
Published 18 Sep, 2005 12:00am
US keen to contribute towards Pakistani economic empowerment

US keen to contribute towards Pakistani economic empowerment

The US Government is keen to contribute towards economic empowerment of the people of Pakistan, particularly focussing on improved literacy rates and skill development with an aim to help the country to alleviate poverty and attain economic stability on s
Published 18 Sep, 2005 12:00am
PBC polls postponed

PBC polls postponed

The Pakistan Bar Council (PBC) on Saturday postponed its scheduled elections.
Published 18 Sep, 2005 12:00am
PEC restores accreditation of three DCET departments

PEC restores accreditation of three DCET departments

Pakistan Engineering Council (PEC) has restored its accreditation for three passed out batches (1995-96, 1996-97, 1997-98) and one studying batch (2000) enrolled in chemical, electronics and metallurgical engineering departments of Dawood College of Engin
Published 18 Sep, 2005 12:00am
CBR Intelligence Directorate's new role hailed

CBR Intelligence Directorate's new role hailed

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has hailed the decision of Central Board of Revenue (CBR) to empower its directorate of intelligence to check sales tax frauds.
Published 18 Sep, 2005 12:00am
KCCI and IMC to form trade committee

KCCI and IMC to form trade committee

Karachi Chamber of Commerce and Industry (KCCI) President Khalid Firoz and President and leader of the delegation of Indian Merchants Chamber (IMC), Mumbai, Rajesh G Kapadia, have agreed in principle to form an "Indo-Pak Trade Committee" to enhance trade
Published 18 Sep, 2005 12:00am
Site body supports BMG group in KCCI polls

Site body supports BMG group in KCCI polls

On behalf of the Site Association of Industry (SAI), and on his own, the Site Chairman Dr Mirza Ikhtiar Baig has supported entire BMG Group panel under the leadership of its Patron-in-Chief Siraj Kassam Teli for forthcoming elections of Karachi Chamber of
Published 18 Sep, 2005 12:00am
BMG to contest DTO order for staying KCCI polls

BMG to contest DTO order for staying KCCI polls

The Businessmen Group (BMG) of the Karachi Chamber of Commerce and Industry (KCCI) has announced to contest in the court the order of the Directorate of Trade Organisation (DTO) staying Chamber's election scheduled for September 24.
Published 18 Sep, 2005 12:00am
Research centre on forefront in war on bird flu

Research centre on forefront in war on bird flu

It seems an unlikely place to launch a war against a bird virus that health officials believe could soon mutate into a human pandemic that will kill millions -- a hospital filled with children fighting devastating genetic diseases and rare cancers.
Published 18 Sep, 2005 12:00am
Structural changes in PIA

Structural changes in PIA

PIA has had CEOs of the stature of Nur Khan, Rafique Saigol etc, whose tenure had a long lasting and positive impact on working of the national airline. These men of vision motivated the employees and actually turned around the airline, instead of terrori
Published 18 Sep, 2005 12:00am
Europe's heritage on show: from jail graffiti to the Stone Age

Europe's heritage on show: from jail graffiti to the Stone Age

The countries of Europe are celebrating their heritage this month, opening up exhibitions that range from graffiti in Gestapo jails to Stone-Age remains. The European Heritage Days, now in their 15th year, are being observed in some 50 nations.
Published 18 Sep, 2005 12:00am
Mirwaiz's reasons for dialogue

Mirwaiz's reasons for dialogue

Umar Farooq was just 16 when assassins walked into his family's home and shot dead his father. The teenager was "roaming around" the sprawling house in Srinagar, capital of Indian Kashmir, when he heard a burst of automatic weapons fire. He and the rest o
Published 18 Sep, 2005 12:00am
Problems of Sindh irrigation network

Problems of Sindh irrigation network

What happened to the huge budgetary allocations over the last ten years for desilting of canals in the perennially water scarce province of Sindh? This is a question, which, according to a Business Recorder news report from Hyderabad, (September 15
Published 18 Sep, 2005 12:00am
The unpleasant part remained to be said

The unpleasant part remained to be said

In an exclusive interview to the Business Recorder, the Economic Advisor to the Ministry of Finance, Ashfaque Hassan Khan, highlighted the economic achievements of the present government: from restoring the country's economic sovereignty to improvi
Published 18 Sep, 2005 12:00am
President's remarks evoke civil societies outrage

President's remarks evoke civil societies outrage

The Civil Society's Alliance for Protection of Human Rights is outraged at the statement reportedly made by the President of Pakistan, General Pervez Musharaf in an interview with a correspondent of the Washington Post in New York on September 14, 2005 in
Published 18 Sep, 2005 12:00am
SCO earns over Rs 1.5 billion in fiscal 2004-05

SCO earns over Rs 1.5 billion in fiscal 2004-05

The Special Communication Organisation (SCO) has earned Rs 1.54515 billion during the fiscal year 2004-05 which exceeds, by Rs 157.80 million, the revenue in the corresponding period of last year. SCO has also decided to expand its network in Azad Jammu &
Published 18 Sep, 2005 12:00am
'Over Rs 1 billion power projects to start in NWFP soon'

'Over Rs 1 billion power projects to start in NWFP soon'

Chairing two high-level briefings here at Wapda House on Saturday, Minister of State for Water and Power Engr. Amir Muqam said that practical work on over a billion rupees electricity projects for the NWFP and Rs 500 million water supply schemes for Pesha
Published 18 Sep, 2005 12:00am
Malaysia offers help in IT and telecom sector

Malaysia offers help in IT and telecom sector

Pakistan can take advantage of Malaysian experience in framing a futuristic policy approach and in undertaking successful technological ventures in the IT and telecom sectors.
Published 18 Sep, 2005 12:00am
Opposition planning mass contact campaign

Opposition planning mass contact campaign

Combined opposition is planning to kick off a mass contact campaign after the third phase of local government elections. Opposition leaders are in contact, and will be closely monitoring the last phase of electoral process before the campaign, opposition
Published 18 Sep, 2005 12:00am
PC fails to sale Bolan mills' scrap

PC fails to sale Bolan mills' scrap

The Privatisation Commission (PC) failed to sale scrap of Bolan Textile Mills Machinery due to non-matching acceptable price of Rs 14.17 million, determined by the Cabinet Committee on Privatisation (CCoP).
Published 18 Sep, 2005 12:00am
PCMEA to set up modern carpet city

PCMEA to set up modern carpet city

The Pakistan Carpet Manufacturers & Exporters Association has proposed to set up a modern 'Carpet City' in the Sunder Industrial Estate near Lahore, PCMEA vice chairman Akhtar Nazir told Business Recorder here on Saturday.
Published 18 Sep, 2005 12:00am
Humayun to attend 'CNN connects' today

Humayun to attend 'CNN connects' today

Federal Minister for Commerce Humayun Akhtar Khan on the invitation of CNN International will attend "CNN Connects" programme. The programme will be telecast live from Mumbai India on Sunday (September 18) at 20:30 (India Time), according to a press relea
Published 18 Sep, 2005 12:00am
23 bottled water brands declared unsafe

23 bottled water brands declared unsafe

While declaring 23 brands of bottled/mineral water unsafe, the government has advised all Ministries and Divisions to procure only PSQCA certified bottled water for official use, it is learnt.
Published 18 Sep, 2005 12:00am
Government bears Altaf's publicity drive: PPPP

Government bears Altaf's publicity drive: PPPP

The Pakistan Peoples' Party Parliamentarians (PPPP) on Saturday assailed Muttahida Qaumi Movement (MQM) leader Altaf Hussain for celebrating his birthday at the public expense.
Published 18 Sep, 2005 12:00am
Printer serves notice on PTI chief

Printer serves notice on PTI chief

A local printer has served Pakistan Tehrik-e-Insaf (PTI) Chairman, Imran Khan and former provincial chief of the party in NWFP Nawabzada Mohsin Ali with a legal notice for the payment of the outstanding under head of printing posters, stickers and other m
Published 18 Sep, 2005 12:00am
National forum on higher education on September 21

National forum on higher education on September 21

The present state of higher education sector, future plans and the steps required to be taken to bring further improvement in the sector would be discussed at a two-day National Forum on Higher Education to be held here from September 1st.
Published 18 Sep, 2005 12:00am
HRDN corporate summit on family planning on September 23

HRDN corporate summit on family planning on September 23

At the current rate of population growth, per capita availability of water in Pakistan would drop down to 885 cubic metres from the existing 1,200 cubic metres' supply to each citizen against the world average of 7,000 cubic metres, making Pakistan a wate
Published 18 Sep, 2005 12:00am
Senate body for encouraging use of CNG

Senate body for encouraging use of CNG

Senate Standing Committee on Cabinets Establishment and Management Services has underlined the need for encouraging use of CNG in the country to control rising prices of petroleum products.
Published 18 Sep, 2005 12:00am
Piffa elected to Fiata congress

Piffa elected to Fiata congress

Pakistan International Freight Forwarders Association (Piffa) was elected member at The International Federation of National Freight Forwarders (Fiata) world congress - 2005, held in Moscow on September 15.
Published 18 Sep, 2005 12:00am
Five-member high school team to visit Japan

Five-member high school team to visit Japan

Four high school students and a teacher will visit Japan from September 21 to 30. The Cultural Centre of the Consulate General of Japan announced this in a statement here on Saturday. It said the visit would be under South Asian High School Students Invit
Published 18 Sep, 2005 12:00am
Allotment orders being issued to Mujahid and Musa colonies' residents

Allotment orders being issued to Mujahid and Musa colonies' residents

Sindh Katchi Abadi Authority (SKAA) has begun to issue allotment orders and challan for payment of cost of the allotted plot and 99-year lease money to the residents of Mujahid Colony and Moosa Colony, where the bulk of illegal immigrants from Bangladesh
Published 18 Sep, 2005 12:00am
PIA cancels Fokker flights

PIA cancels Fokker flights

Pakistan International Airlines (PIA) said on Saturday its Fokker flights would be suspended from September 18 to 20 due to Pakistan Air Force (PAF) "High Mark Air" exercise. It regretted the inconvenience caused to its valuable passengers due to the canc
Published 18 Sep, 2005 12:00am
New technologies in all sectors vital for economic growth: Arbab

New technologies in all sectors vital for economic growth: Arbab

Sindh Chief Minister Arbab Ghulam Rahim has said that new technologies are needed to be introduced in every sector to boost economic growth in the country. He was speaking at the launching ceremony of aluminium tank trailer organised by Automobile Corpora
Published 18 Sep, 2005 12:00am
All being done to emancipate women: President

All being done to emancipate women: President

President General Pervez Musharraf on Saturday said the government was doing all for women's emancipation and is determined to proceed on these lines in the time ahead. "Pakistan is going up, and this upward swing could not be altered," he told a packed h
Published 18 Sep, 2005 12:00am
52nd birthday of Altaf Hussain celebrated

52nd birthday of Altaf Hussain celebrated

Supporters of the Muttahida Qaumi Movement on Saturday celebrated the 52nd birthday of Quaid-e-Tehreek Altaf Hussain and the party supporters especially in Lahore, Multan, Rawalpindi, Islamabad and Quetta besides the cities and towns of Sindh celebrated t
Published 18 Sep, 2005 12:00am
Rs 1 billion package announced for Rawalpindi

Rs 1 billion package announced for Rawalpindi

Punjab Chief Minister Chaudhry Pervaiz Elahi announced on Saturday special package of Rs 1 billion for the development of Rawalpindi district. He made this announcement at a public gathering in Gujar Khan, where he also inaugurated "Gujar Khan underpass"
Published 18 Sep, 2005 12:00am
PIA flights for Moenjodaro from next week

PIA flights for Moenjodaro from next week

PIA flights to and from Moenjodaro will be resumed from next week for tourists. In this regard, the Ministry of Tourism held talks for resumption of flights to Moenjodaro with Pakistan International Airlines (PIA) recently, which agreed to initially opera
Published 18 Sep, 2005 12:00am
'Flaws in ordinance hindering access to information'

'Flaws in ordinance hindering access to information'

The Freedom of Information Ordinance 2002 has failed to deliver as partial access to information hindered establishment of just, transparent and accountable system of governance. This was the gist of a seminar on "Freedom of Information" jointly organised
Published 18 Sep, 2005 12:00am
Shaukat briefed on Gwadar uplift

Shaukat briefed on Gwadar uplift

Prime Minister Shaukat Aziz on Saturday asked concerned agencies to expedite civil work and complete the road network connecting the port with rest of the country by June 2006. He was speaking at a briefing by Gwadar Port Authority (GPA) and Gwadar Develo
Published 18 Sep, 2005 12:00am
Nine held, arms seized in Waziristan

Nine held, arms seized in Waziristan

The security forces during a cordon and search operation on Saturday in Northern Waziristan rounded up 9 suspected miscreants and recovered huge cache of arms and ammunition, according to Inter-Services Public Relations department.
Published 18 Sep, 2005 12:00am
Growers to get profit on clean cotton

Growers to get profit on clean cotton

A sub-committee of textile industry ministry and other stakeholders on Saturday agreed to pass on the premium, on production of clean cotton, to growers. The sub-committee held a meeting here with Aptma, KCA, PCGA, growers and provincial agriculture depar
Published 18 Sep, 2005 12:00am
Trade with Pakistan stagnant for 5 years: Norwegian envoy

Trade with Pakistan stagnant for 5 years: Norwegian envoy

The Norwegian Ambassador Jens Bjorn Kanavin has said that there is a need for making concerted and sector-specific efforts to enhance economic co-operation between the two countries and the chambers of commerce could do a lot in this regard.
Published 18 Sep, 2005 12:00am
Trade with Pakistan stagnant for 5 years: Norwegian envoy

Trade with Pakistan stagnant for 5 years: Norwegian envoy

The Norwegian Ambassador Jens Bjorn Kanavin has said that there is a need for making concerted and sector-specific efforts to enhance economic co-operation between the two countries and the chambers of commerce could do a lot in this regard.
Published 18 Sep, 2005 12:00am
Trade with Pakistan stagnant for 5 years: Norwegian envoy

Trade with Pakistan stagnant for 5 years: Norwegian envoy

The Norwegian Ambassador Jens Bjorn Kanavin has said that there is a need for making concerted and sector-specific efforts to enhance economic co-operation between the two countries and the chambers of commerce could do a lot in this regard.
Published 18 Sep, 2005 12:00am
Prime Minister assures to resolve poultry sector problems

Prime Minister assures to resolve poultry sector problems

The Prime Minister, Shaukat Aziz, while assuring his full support to the poultry sector, has directed his Adviser on Finance Dr Salman Shah, to convene a meeting of Poultry Association as early as possible and seek their proposals regarding various issues
Published 18 Sep, 2005 12:00am