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Print - 2005-09-28
'Pakistan to overcome natural gas shortage by 2010'

'Pakistan to overcome natural gas shortage by 2010'

General manager Sui Northern Gas Pipeline Company Limited (SNGPL) Peshawar Region, Imdad Hussain, has said that the country has to overcome the problem of the gas load management by 2010 after completion of the international gas supply project.
Published 28 Sep, 2005 12:00am
Geelani denied access to political prisoners

Geelani denied access to political prisoners

Hurriyat (G) Chairman, Syed Ali Shah Geelani was not given access to the political prisoners detained in District Jail Ambphalla and Central Jail Kot Bhalwal.
Published 28 Sep, 2005 12:00am
Examination system to be revamped: Maqbool

Examination system to be revamped: Maqbool

The government will revise the syllabus and revamp the current examination system to improve higher education, Punjab Governor Lieutenant General Khalid Maqbool (Retd) said here on Tuesday.
Published 28 Sep, 2005 12:00am
KESC blunder

KESC blunder

I am a resident of 9 A/1 3rd Sunset Street DHA Phase II Ext. ,Karachi . On September 8 , 2005 a notice under certain sections of the Electricity Act relating to theft of electricity was delivered to my above address. The notice mentioned that theft of ele
Published 28 Sep, 2005 12:00am
SBP governor's tenure

SBP governor's tenure

Please refer the letter published in Business Recorder of September 23, 2005 written by S.M. Idrees regarding Governor of State Bank of Pakistan, which is quite correct.
Published 28 Sep, 2005 12:00am
Asia embraces five-day week and discovers weekend joys

Asia embraces five-day week and discovers weekend joys

Asians work harder than just about anyone else on Earth, but their societies and economies are being transformed as many nations shift to a five-day working week and citizens discover the weekend. Offices are being abandoned on Saturdays, allowing workers
Published 28 Sep, 2005 12:00am
Meeting power shortage in the KESC system

Meeting power shortage in the KESC system

No sooner had the rains lashed Karachi, the residents of the greater metropolis had to endure yet another day without electricity. On the 10th of September 2005, the heavy rains caused 12-hour prolonged electricity outage in many areas. Similarly, there w
Published 28 Sep, 2005 12:00am
A bold move needed on the power front

A bold move needed on the power front

According to an official announcement issued after its meeting under the chairmanship of the Minister for Water and Power, Liaquat Ali Jatoi, the Private Power and Infrastructure Board (PPIB) accorded approval to 16 private sector power projects of 3700 M
Published 28 Sep, 2005 12:00am
President's Investment Initiative

President's Investment Initiative

The government has finally come to the realisation that despite its pro-business policies the pace of investments is unsatisfactory and administrative hurdles are mostly to blame for the situation.
Published 28 Sep, 2005 12:00am
GCCI resents poor roads condition

GCCI resents poor roads condition

President Gujranwala Chamber of Commerce and Industry (GCCI) Asad Elahi and other office bearers have expressed resentment over dilapidated condition of city roads and slow pace of work on G.T. Road.
Published 28 Sep, 2005 12:00am
Probe into Alipur gang-rape incident ordered

Probe into Alipur gang-rape incident ordered

Punjab Inspector General of Police, Zia-ul-Hassan, taking notice of gang-rape with three women in village near Alipur and deplorable role of police officials, has ordered an area DSP, Mirza Amir Baig to report immediately for negligence of duty and not en
Published 28 Sep, 2005 12:00am
NWFP to soon have Institute of Hepatology

NWFP to soon have Institute of Hepatology

The NWFP government has planned to set up an Institute of Hepatology to control the growing number of hepatitis cases in the province, said NWFP Health Minister Innayatullah Khan here on Tuesday.
Published 28 Sep, 2005 12:00am
Edhi donates $0.1 million for Katrina victims

Edhi donates $0.1 million for Katrina victims

The Edhi Foundation has donated $100,000 for the rehabilitation of Katrina's affectees. The cheque of the amount was handed over to the Chief Business Fund Development Officer of American Red Crescent, Rose Mary Mecky at a simple ceremony held in New York
Published 28 Sep, 2005 12:00am
Basra appointed as additional registrar

Basra appointed as additional registrar

The Chief Justice of the Lahore High Court (LHC) has appointed District and Sessions Judge, Mohammad Din Basra as Additional Registrar LHC. At present, Basra was working as Officer on Special Duty (OSD) in LHC.
Published 28 Sep, 2005 12:00am
Capturing, storing CO2 can minimise climate change: report

Capturing, storing CO2 can minimise climate change: report

A new assessment report finalised by the Intergovernmental Panel on Climate Change (IPCC) concludes that capturing and storing the carbon dioxide (CO2) produced by power plants and factories before it enters the atmosphere could play a major role in minim
Published 28 Sep, 2005 12:00am
Eastern region tax collection stands at Rs 1.93 billion

Eastern region tax collection stands at Rs 1.93 billion

Income Tax Eastern Region has collected tax amounting to Rs 1.93 billion during first two months (July-August) of financial year 2005-06, as compared to Rs 1.67 billion collected in corresponding period of the last year.
Published 28 Sep, 2005 12:00am
French association to hold seminars on food & technology

French association to hold seminars on food & technology

French Association for Development of International Exchanges of Food & Technology (ADEPTA) is planning to hold two Business-to-Business meetings cum seminars in two big cities of the country during the months of November and December this year, to bring
Published 28 Sep, 2005 12:00am
Minister visits PID

Minister visits PID

Senator Anisa Zeb Tahirkheli, Minister of State (MoS) for Information and Broadcasting visited the Regional Information Office of the Press Information Department (PID) here on Tuesday.
Published 28 Sep, 2005 12:00am
ECMMA office bearers elected

ECMMA office bearers elected

Rana Mansoor Qadir of M/s Rana Auto Industries, Mazhar Hussain Mirza of M/s Western International and Azhar Ali of M/s Rakson Engineering have unanimously been elected as Chairman, Senior Vice-Chairman and Vice-Chairman (North) of the Engineering Componen
Published 28 Sep, 2005 12:00am
Labour Policy to be introduced in January: PMI

Labour Policy to be introduced in January: PMI

A comprehensive labour protection policy would be introduced in January 2006 as the Ministry of Labour Manpower and Overseas Pakistanis was trying to finalise it by December 2005 to contribute towards the economic and social progress of the nation by ensu
Published 28 Sep, 2005 12:00am
Killers of PPP leader awarded death sentence

Killers of PPP leader awarded death sentence

Trial in gruesome murder of PPP city president Khalid Humayun and his guards concluded here on Tuesday, when anti terrorist court No 2 announced judgement in jail premises.
Published 28 Sep, 2005 12:00am
518 vehicles impounded in Faisalabad, violation of traffic rules

518 vehicles impounded in Faisalabad, violation of traffic rules

Under a campaign launched on directive of the Punjab government's transport department, against the violation of traffic rules in the district, two Special squads impounded 518 vehicles involved in violation of various traffic rules during the first fortn
Published 28 Sep, 2005 12:00am
'Polio may be completely eradicated by year-end'

'Polio may be completely eradicated by year-end'

District Co-ordination Officer Multan Iftikhar Babur has urged the medical officers, paramedical staff, NGOs and opinion leaders to launch an effective campaign for eradication of polio and to maintain the polio-free status of Multan district.
Published 28 Sep, 2005 12:00am
LHC allows bail to candidate

LHC allows bail to candidate

The Lahore High Court (LHC) has allowed bail to Zulfiqar Ali Khan, a candidate for tehsil nazim Chakwal till October 11, 2005. The petitioner had approached the court for bail with contention that he was contesting election but the respondent candidate of
Published 28 Sep, 2005 12:00am
Pak-India debating contest

Pak-India debating contest

Joint Secretary of GCU Debating Society, Soufia Siddiqui has been short listed for the Pakistan team, which would contest with the Indian debating team at the India-Pakistan contest being held in December under the auspices of the Debating Society of Paki
Published 28 Sep, 2005 12:00am
DCOs directed to take steps to check price hike in Ramazan

DCOs directed to take steps to check price hike in Ramazan

Punjab government has directed all the district co-ordination officers (DCOs) to take appropriate measures for keeping the prices of essential commodities at reasonable level during the holy month of Ramazan.
Published 28 Sep, 2005 12:00am
Support announced for Ijaz Cheema

Support announced for Ijaz Cheema

Punjab Chief Minister Chaudhry Pervaiz Elahi here on Tuesday has announced support for Ijaz Ahmad Cheema for the slot of Tehsil Nazim Daska. Minister of State Ali Asjad Malhi was present during the meeting in which announcement was made.
Published 28 Sep, 2005 12:00am
Livestock Census 2005-06

Livestock Census 2005-06

The first phase of 'Livestock Census 2005-06' which is being carried out in 21 districts of Punjab and Sindh provinces by the Agricultural Census Organisation, Statistics Division, Government of Pakistan, is likely to be completed till November 05, 2005.
Published 28 Sep, 2005 12:00am
Two jailed for 8 years in fraud case

Two jailed for 8 years in fraud case

Azad Jamu and Kashmir (AJK) Accountability Court on Tuesday awarded an eight-year imprisonment and fine to a bank manager and AJK government official in a fraud case.
Published 28 Sep, 2005 12:00am
'Training can change bureaucracy attitude'

'Training can change bureaucracy attitude'

Professional training of government servants would change the bureaucratic attitude as well as putting positive impact on their performance, productivity and quality of work.
Published 28 Sep, 2005 12:00am
The Weather

The Weather

The weather report on Tuesday (September 27, 2005) and the forecast for Wednesday (September 28).
Published 28 Sep, 2005 12:00am
Emirates offer to students going to Britain

Emirates offer to students going to Britain

Emirates has joined hands with the British Council to offer special fares to Pakistani students, travelling to the United Kingdom for higher education.
Published 28 Sep, 2005 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 28 Sep, 2005 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 28 Sep, 2005 12:00am
Local government polls not held in transparent manner: PPP

Local government polls not held in transparent manner: PPP

The Pakistan People's Party has said that the local bodies elections held under the acting Chief Election Commissioner Justice Abdul Hameed Dogar have completely destroyed the people's faith in free and fair elections and exposed the extent of degeneratio
Published 28 Sep, 2005 12:00am
National institution for workers' welfare suggested

National institution for workers' welfare suggested

The provincial workshop on 'Labour Protection Policy' on Tuesday called for setting up a national institution for workers' welfare by merging the different institutions like EOBI, Social Security, PWWBs etc working for workers' welfare in the country.
Published 28 Sep, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 27, 2005).

Published 28 Sep, 2005 12:00am
Smeda's help for basmati rice PSI sought

Smeda's help for basmati rice PSI sought

The Union of Small and Medium Enterprises (Unisame) on behalf of SME rice exporters have requested the Small and Medium Enterprises Development (Smeda) CEO Shahab Khawaja to take up the matter of Pre-shipment Inspection (PSI) of basmati rice with the comm
Published 28 Sep, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 27, 2005).

Published 28 Sep, 2005 12:00am
Call to improve training of girls at home

Call to improve training of girls at home

Leading speakers on Tuesday in the Triennial conference on "Women's Role in Shaping Tomorrow" focussed the need to improve the training of the girls at homes to increase their ability to face future challenges.
Published 28 Sep, 2005 12:00am
Key stock market movements at 1700 GMT on September 27

Key stock market movements at 1700 GMT on September 27

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 28 Sep, 2005 12:00am
823 women contesting in Punjab local government polls

823 women contesting in Punjab local government polls

A total 823 women are contesting election in district councils in five city districts, Multan, Lahore, Rawalpindi, Faisalabad, and Gujranwala, and 920 women are in the run for 38 tehsil councils of these districts. For 1,151 seats of district councils, 2,
Published 28 Sep, 2005 12:00am
GITEX 2005 inaugurated in Dubai

GITEX 2005 inaugurated in Dubai

Gulf Information Technology Exhibition (GITEX 2005) started off on 25th September after the Crown Prince of Dubai and UAE Defence Minister, His Highness General Sheikh Moham-med bin Rashid Al Maktoum, inaugurated the exhibition. GITEX is known as one of t
Published 28 Sep, 2005 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 28 Sep, 2005 12:00am
Anti-polio campaign starts

Anti-polio campaign starts

A three-day national immunisation campaign against polio began here on Tuesday in which children below five years of age would be administered oral anti-polio vaccines across the country.
Published 28 Sep, 2005 12:00am
Nooriabad water project awaiting go-ahead

Nooriabad water project awaiting go-ahead

The Rs 650 million Nooriabad Industrial Estate water project approved four months ago is still awaiting go-ahead signal, as different provincial line departments continue to dispute the modalities of its implementation. Talking to Business Recorder
Published 28 Sep, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 27, 2005).

Published 28 Sep, 2005 12:00am
Munir Akram, Annan discuss UN-related issues

Munir Akram, Annan discuss UN-related issues

Pakistan's UN Ambassador Munir Akram discussed with the Secretary General Kofi Annan on Monday afternoon follow up steps for implementation of the UN summit's outcome.
Published 28 Sep, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (September 27, 2005) and Wednesday (September 28, 2005).
Published 28 Sep, 2005 12:00am
US official inaugurates school in Khyber Agency

US official inaugurates school in Khyber Agency

The US National Security Adviser, Stephen Hadley, visited Khyber Agency on Tuesday where he, accompanied by NWFP Governor Khalil-ur-Rehman and US Ambassador Ryan C Crocker, inaugurated a two-storey building of Government Primary School, Soor Kamar, near J
Published 28 Sep, 2005 12:00am
Atique for protecting two-party system in AJK

Atique for protecting two-party system in AJK

Azad Jammu and Kashmir Ruling Muslim Conference President Sardar Atique Ahmed Khan on Tuesday said the two-political party system should continue in AJK in the larger interest of masses and development.
Published 28 Sep, 2005 12:00am
Pakistan High Commission starts issuing MRPs in Britain

Pakistan High Commission starts issuing MRPs in Britain

Pakistan High Commission started issuing Machine Readable Passports (MRP) here on Monday to British Pakistanis having National Identity Cards for Overseas Pakistanis (NICOP) while those having old Identity Cards would get an ordinary passport for only thr
Published 28 Sep, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 27, 2005).

Published 28 Sep, 2005 12:00am
Qayyum suggests united states of J&K under multi-national control

Qayyum suggests united states of J&K under multi-national control

At the end of week-long visit Azad Jammu and Kashmir former president Sardar Abdul Qayyum expressed serious doubts over emergence of an independent Jammu and Kashmir state saying the dream of a "sovereign Kashmir" could not be fulfilled in the next 100 ye
Published 28 Sep, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 27, 2005).

Published 28 Sep, 2005 12:00am
Babar terms border fencing idea hogwash

Babar terms border fencing idea hogwash

Describing suggestions regarding border fencing and renewal of the Durand Line agreement with Afghanistan as a hogwash, former interior minister Naseerullah Khan Babar feared such statements would further vitiate the already tense relations between the tw
Published 28 Sep, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 27, 2005).

Published 28 Sep, 2005 12:00am
Pakistan committed to following international laws

Pakistan committed to following international laws

National Accountability Bureau (NAB) Chairman Lieutenant General Munir Hafiz said Pakistan was committed to strictly following international laws and regulations for establishment of good governance and a corruption-free society.
Published 28 Sep, 2005 12:00am
Gulzar elected unopposed Kati chairman

Gulzar elected unopposed Kati chairman

Renowned industrialist and Member of the Managing Committee of Kati Gulzar Firoz has been elected unopposed as Chairman of the Korangi Association of Trade & Industry for 2005-06.
Published 28 Sep, 2005 12:00am
Rabi sowing target fixed

Rabi sowing target fixed

Sindh government at a meeting held here on Monday under the chairmanship of Provincial Secretary Agriculture Nazar Hussain Meher fixed the Rabi crops cultivation target at 890,000 hectares in the province for which a strategy has been evolved for making a
Published 28 Sep, 2005 12:00am
THE RUPEE: firmness against dollar maintained

THE RUPEE: firmness against dollar maintained

The rupee maintained its parity with the dollar in the interbank market on Tuesday, for buying and selling at 59.75 and 59.77, respectively. Since the week started, easy supply of dollar helped the rupee to remain firm versus the dollar, they said.
Published 28 Sep, 2005 12:00am
Italy will provide aid to HEJ and CAMB institutes

Italy will provide aid to HEJ and CAMB institutes

The Government of Italy will provide $65 million financial support to some Centres of Excellence in developing countries, including two Pakistani institutions - HEJ Research Institute, University of Karachi and Centre for Advanced Research in Molecular Bi
Published 28 Sep, 2005 12:00am
THE RUPEE: firmness against dollar maintained

THE RUPEE: firmness against dollar maintained

The rupee maintained its parity with the dollar in the interbank market on Tuesday, for buying and selling at 59.75 and 59.77, respectively. Since the week started, easy supply of dollar helped the rupee to remain firm versus the dollar, they said.
Published 28 Sep, 2005 12:00am
Social protection policy planned

Social protection policy planned

The Planning Commission is working on a 'social protection' policy, which will be presented to the social sector co-ordination committee of the cabinet for approval in the first quarter of 2006.
Published 28 Sep, 2005 12:00am
Miscellaneous: PAKISTAN SERVICES LIMITED - Year Ended 30-06-2005

Miscellaneous: PAKISTAN SERVICES LIMITED - Year Ended 30-06-2005

The company recorded highest ever revenue and improved cash dividend payout over the preceding year's the contributory factors the performance were increased influx of foreign delegations, proactive planning, aggressive marketing approach and service exce
Published 28 Sep, 2005 12:00am
President appreciates momentum for enhancing Pak-UK ties

President appreciates momentum for enhancing Pak-UK ties

President General Pervez Musharraf appreciated on Tuesday the existing momentum for enhancement of Pakistan-UK co-operation in diverse fields, as indicated by increased high level bilateral exchanges, new institutional linkages being created and growing c
Published 28 Sep, 2005 12:00am
Miscellaneous: PAKISTAN SERVICES LIMITED - Year Ended 30-06-2005

Miscellaneous: PAKISTAN SERVICES LIMITED - Year Ended 30-06-2005

The company recorded highest ever revenue and improved cash dividend payout over the preceding year's the contributory factors the performance were increased influx of foreign delegations, proactive planning, aggressive marketing approach and service exce
Published 28 Sep, 2005 12:00am
Khushhali Bank a success: ADB

Khushhali Bank a success: ADB

An Asian Development Bank (ADB) study, which was launched here on Tuesday, finds Khushhali Bank's operations in Pakistan have positively impacted on income generation, empowerment, health and education.
Published 28 Sep, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (September 27, 2005).

Published 28 Sep, 2005 12:00am
Iran row should be settled via dialogue: Shaukat

Iran row should be settled via dialogue: Shaukat

Prime Minister Shaukat Aziz has said Pakistan is against the use of force against Iran over its nuclear programme and wants the row to be settled through discussions and dialogue.
Published 28 Sep, 2005 12:00am
1000 passports stolen in Fata during 1994-95

1000 passports stolen in Fata during 1994-95

As many as 1,000 passports were stolen from the headquarters of two Federally Administered Tribal Areas (Fata) agencies in 1994-95, an auditors general report revealed here on Tuesday.
Published 28 Sep, 2005 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 28 Sep, 2005 12:00am
Telecom equipment makers assured of all-out support

Telecom equipment makers assured of all-out support

Federal Industries, Production and Special Initiatives Minister Jahangir Khan Tareen has said that the government would extend every possible support to the telecom equipment manufacturers in their pursuit of achieving global excellence.
Published 28 Sep, 2005 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Tuesday (September 27, 2005).

Published 28 Sep, 2005 12:00am
Atiq elected PRGMEA chairman

Atiq elected PRGMEA chairman

Atiq A. Kochra has been elected unopposed chairman of Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Sindh-Balochistan Zone for the year 2005-06.
Published 28 Sep, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (September 27, 2005).

Published 28 Sep, 2005 12:00am
SBP and NBP timings for tax returns filing

SBP and NBP timings for tax returns filing

Facilitating the taxpayers to pay their due taxes and file income tax returns, all authorised branches of the State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) will remain open till 8:00 pm on Thursday, (September 29) and till 10:00 pm on F
Published 28 Sep, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Sep, 2005 12:00am
SBP and NBP timings for tax returns filing

SBP and NBP timings for tax returns filing

Facilitating the taxpayers to pay their due taxes and file income tax returns, all authorised branches of the State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) will remain open till 8:00 pm on Thursday, (September 29) and till 10:00 pm on F
Published 28 Sep, 2005 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 28 Sep, 2005 12:00am
17 elected unopposed in KCA polls

17 elected unopposed in KCA polls

All 17 candidates on different seats in the Karachi Cotton Association (KCA) elections 2005-06 have been elected unopposed. Out of the total 17 candidates, who were elected unopposed, seven candidates were for the seats of buyers/exporters, eight conteste
Published 28 Sep, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Sep, 2005 12:00am
Abacus to launch e-ticketing system

Abacus to launch e-ticketing system

The Singapore-based Abacus International will be working with Pakistan International Airlines, Cathay Pacific, Emirate Airlines and other major airlines of the region to launch 'e-ticketing' in time for Billing Settlement Plan (BSP).
Published 28 Sep, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 28 Sep, 2005 12:00am
Over 700 investors throng Lake City launch

Over 700 investors throng Lake City launch

More than 700 investors from Karachi showed up at Pakistan's largest luxury housing project, Lake City Holdings' launch held on Monday at a local hotel and concluded on Tuesday.
Published 28 Sep, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (September 27, 2005).

Published 28 Sep, 2005 12:00am
Government should be run as per 1973 Constitution: Fahim

Government should be run as per 1973 Constitution: Fahim

Alliance for the Restoration of Democracy (ARD) Chairman Makhdoom Amin Fahim on Tuesday said that the government should be run as per the 1973 Constitution and real democracy should be restored in the country.
Published 28 Sep, 2005 12:00am
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