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Print - 2005-10-03
'Government and NGOs' close links may raise education standards'

'Government and NGOs' close links may raise education standards'

Adviser to Punjab Chief Minister Mrs. Sadia Shahzad Chaudhry said close co-ordination and co-operation among international donor agencies, NGOs and the government in education sector may prove helpful to raise the standard of education in the country.
Published 03 Oct, 2005 12:00am
German traders keen to invest in wind and solar energy

German traders keen to invest in wind and solar energy

The chairman, Alternative Energy Development Board (AEDB), Air Marshal Shahid Hamid (Retd), has said that a large number of German investors are keen to invest in wind and solar energy sector in Pakistan.
Published 03 Oct, 2005 12:00am
President, Prime Minister condemn Bali bombings

President, Prime Minister condemn Bali bombings

President General Pervez Musharraf and Prime Minister Shaukat Aziz have strongly condemned the terrorist bombings in Bali, Indonesia and said Pakistan is against terrorism in all its forms and manifestations.
Published 03 Oct, 2005 12:00am
Shaukat and Badawi for enhanced interactions to boost trade

Shaukat and Badawi for enhanced interactions to boost trade

Prime Minister Shaukat Aziz on Sunday said that the Early Harvest Programme, Pakistan and Malaysia signed on Saturday, will give incentives to their exporters to increase trade and do more business with each other.
Published 03 Oct, 2005 12:00am
Malaysian and Senegalese ministers call on Prime Minister

Malaysian and Senegalese ministers call on Prime Minister

Malaysian Works Minister Samy Vellu called on Prime Minister Shaukat Aziz on Sunday and discussed with him matters relating to bilateral ties between Pakistan and Malaysia. Shaukat Aziz briefed the minister on the efforts in Pakistan to build the country'
Published 03 Oct, 2005 12:00am
Sindh chief minister for strict compliance with building rules

Sindh chief minister for strict compliance with building rules

Sindh Chief Minister Dr Arbab Ghulam Rahim has called for strict compliance with rules and regulations in connection with the construction of high rise buildings in Karachi and said that proper NOC and necessary permission must be obtained and building pl
Published 03 Oct, 2005 12:00am
Kuwait hangs 4 Pakistani drug traffickers

Kuwait hangs 4 Pakistani drug traffickers

Four Pakistani nationals convicted of smuggling heroin were hanged in Kuwait on Sunday and their hooded corpses displayed in public.
Published 03 Oct, 2005 12:00am
Telecom forum today

Telecom forum today

Pakistan Telecommunication Authority (PTA) will hold a 'Telecom Forum' in the provincial capital on Monday. Punjab governor Lieutenant-General Khalid Maqbool (Retd) will be the chief guest at the event to be presided over by PTA chairman Major-General Sha
Published 03 Oct, 2005 12:00am
The Weather

The Weather

Weather reports and forecast of cities were not received as the Met Office website was not updated.

Published 03 Oct, 2005 12:00am
A week of roller-coaster trade on LSE

A week of roller-coaster trade on LSE

Equities moved roller-coaster on Lahore Stock Exchange (LSE) during the last week ended September 30, and failed to settle down mainly on account of unmatchable rumours regarding pending matters between Pakistan government and Etisalat with regard to the
Published 03 Oct, 2005 12:00am
A week of roller-coaster trade on LSE

A week of roller-coaster trade on LSE

Equities moved roller-coaster on Lahore Stock Exchange (LSE) during the last week ended September 30, and failed to settle down mainly on account of unmatchable rumours regarding pending matters between Pakistan government and Etisalat with regard to the
Published 03 Oct, 2005 12:00am
Two soldiers among 4 killed near Afghan border

Two soldiers among 4 killed near Afghan border

Suspected al Qaeda-linked militants attacked two Pakistan military check-points near the Afghan border on Sunday in which two soldiers and two unknown gunmen were killed, security officials said.
Published 03 Oct, 2005 12:00am
Two soldiers among 4 killed near Afghan border

Two soldiers among 4 killed near Afghan border

Suspected al Qaeda-linked militants attacked two Pakistan military check-points near the Afghan border on Sunday in which two soldiers and two unknown gunmen were killed, security officials said.
Published 03 Oct, 2005 12:00am
Natwar sees positive momentum in ties

Natwar sees positive momentum in ties

Indian Foreign Minister Natwar Singh said on Sunday his second visit to Pakistan in eight months reflected the positive momentum in relations between the two countries.
Published 03 Oct, 2005 12:00am
Natwar sees positive momentum in ties

Natwar sees positive momentum in ties

Indian Foreign Minister Natwar Singh said on Sunday his second visit to Pakistan in eight months reflected the positive momentum in relations between the two countries.
Published 03 Oct, 2005 12:00am
KSE maintains winning streak

KSE maintains winning streak

The share market during last week maintained the winning streak for the seventh week in a row as some analysts believed that corporate results and rising economic activity was attracting fresh buying in investment and trading stocks.
Published 03 Oct, 2005 12:00am
KSE maintains winning streak

KSE maintains winning streak

The share market during last week maintained the winning streak for the seventh week in a row as some analysts believed that corporate results and rising economic activity was attracting fresh buying in investment and trading stocks.
Published 03 Oct, 2005 12:00am
KSE maintains winning streak

KSE maintains winning streak

The share market during last week maintained the winning streak for the seventh week in a row as some analysts believed that corporate results and rising economic activity was attracting fresh buying in investment and trading stocks.
Published 03 Oct, 2005 12:00am
CFS rates rise by 30 basis points

CFS rates rise by 30 basis points

The rates at the CFS counter rose 30 basis points as some of the key companies recorded appreciable gains last week. The investment,however, remained stuck at Rs 25 billion, the limit allowed by the stock market regulator.
Published 03 Oct, 2005 12:00am
CFS rates rise by 30 basis points

CFS rates rise by 30 basis points

The rates at the CFS counter rose 30 basis points as some of the key companies recorded appreciable gains last week. The investment,however, remained stuck at Rs 25 billion, the limit allowed by the stock market regulator.
Published 03 Oct, 2005 12:00am
CFS rates rise by 30 basis points

CFS rates rise by 30 basis points

The rates at the CFS counter rose 30 basis points as some of the key companies recorded appreciable gains last week. The investment,however, remained stuck at Rs 25 billion, the limit allowed by the stock market regulator.
Published 03 Oct, 2005 12:00am
Smuggling-prone items'' tariff cut increases revenue

Smuggling-prone items'' tariff cut increases revenue

The tariff reduction on major smuggling-prone items has encouraged their legal import and increased collection of sales tax and income tax from these commodities. According to a CBR report on smuggling, the overall impact of tariff reduction on 19 items h
Published 03 Oct, 2005 12:00am
Smuggling-prone items' tariff cut increases revenue

Smuggling-prone items' tariff cut increases revenue

The tariff reduction on major smuggling-prone items has encouraged their legal import and increased collection of sales tax and income tax from these commodities. According to a CBR report on smuggling, the overall impact of tariff reduction on 19 items h
Published 03 Oct, 2005 12:00am
Smuggling-prone items' tariff cut increases revenue

Smuggling-prone items' tariff cut increases revenue

The tariff reduction on major smuggling-prone items has encouraged their legal import and increased collection of sales tax and income tax from these commodities. According to a CBR report on smuggling, the overall impact of tariff reduction on 19 items h
Published 03 Oct, 2005 12:00am
Money market tight after open market operations

Money market tight after open market operations

The money market tightened last week following two open market operations, mopping nearly Rs 32.5 billion, after State Bank of Pakistan sucked less amount in auction of treasury bills against maturity.
Published 03 Oct, 2005 12:00am
Money market tight after open market operations

Money market tight after open market operations

The money market tightened last week following two open market operations, mopping nearly Rs 32.5 billion, after State Bank of Pakistan sucked less amount in auction of treasury bills against maturity.
Published 03 Oct, 2005 12:00am
Money market tight after open market operations

Money market tight after open market operations

The money market tightened last week following two open market operations, mopping nearly Rs 32.5 billion, after State Bank of Pakistan sucked less amount in auction of treasury bills against maturity.
Published 03 Oct, 2005 12:00am
Money market tight after open market operations

Money market tight after open market operations

The money market tightened last week following two open market operations, mopping nearly Rs 32.5 billion, after State Bank of Pakistan sucked less amount in auction of treasury bills against maturity.
Published 03 Oct, 2005 12:00am
Mahathir unveils guidelines for Muslim renaissance

Mahathir unveils guidelines for Muslim renaissance

Muslims must return to the Islamic concept of Ummah, the Muslim community, and to a certain extent downgrade the Western nation-state concept and the consequent narrow nationalism.
Published 03 Oct, 2005 12:00am
Enlightened moderation a way forward: Prime Minister

Enlightened moderation a way forward: Prime Minister

Prime Minister Shaukat Aziz on Sunday said vision of "enlightened moderation" offers a permanent solution to terrorism and extremism, and urged the international community to help resolve longstanding disputes such as Palestine and Kashmir to uproot cause
Published 03 Oct, 2005 12:00am
Enlightened moderation a way forward: Prime Minister

Enlightened moderation a way forward: Prime Minister

Prime Minister Shaukat Aziz on Sunday said vision of "enlightened moderation" offers a permanent solution to terrorism and extremism, and urged the international community to help resolve longstanding disputes such as Palestine and Kashmir to uproot cause
Published 03 Oct, 2005 12:00am
Government and Etisalat eager to resolve issues

Government and Etisalat eager to resolve issues

The privatisation of Pakistan Telecommunication Company Limited (PTCL) would not be turned into a fiasco as sell-off like this faces complexities and it was the rush of investors for the telecom giant which made people jittery. The government and the buye
Published 03 Oct, 2005 12:00am
Government and Etisalat eager to resolve issues

Government and Etisalat eager to resolve issues

The privatisation of Pakistan Telecommunication Company Limited (PTCL) would not be turned into a fiasco as sell-off like this faces complexities and it was the rush of investors for the telecom giant which made people jittery. The government and the buye
Published 03 Oct, 2005 12:00am
Government and Etisalat eager to resolve issues

Government and Etisalat eager to resolve issues

The privatisation of Pakistan Telecommunication Company Limited (PTCL) would not be turned into a fiasco as sell-off like this faces complexities and it was the rush of investors for the telecom giant which made people jittery. The government and the buye
Published 03 Oct, 2005 12:00am
Commonwealth team satisfied with local government poll procedures

Commonwealth team satisfied with local government poll procedures

A four-member Commonwealth team, which observed the local government elections, has expressed satisfaction that the voting procedures were largely complied with and the turnout in these elections nationally remained 46.96 percent in Phase I and 48.75 perc
Published 03 Oct, 2005 12:00am
Commonwealth team satisfied with local government poll procedures

Commonwealth team satisfied with local government poll procedures

A four-member Commonwealth team, which observed the local government elections, has expressed satisfaction that the voting procedures were largely complied with and the turnout in these elections nationally remained 46.96 percent in Phase I and 48.75 perc
Published 03 Oct, 2005 12:00am
'US official shot himself'

'US official shot himself'

A US embassy official found fatally shot in the Colombian city of Bucaramanga took his own life, police announced on Sunday. Authorities investigating the death said that US official Jerry Benavides, whose body was found in an apartment in the northeaster
Published 03 Oct, 2005 12:00am
Hizb commander killed in Indian occupied Kashmir

Hizb commander killed in Indian occupied Kashmir

Indian occupation troops on Sunday said they have shot dead a senior Hizbul Mujahideen commander terming it a "major success". Abdul Rashid Gujjar was shot dead late Saturday in a battle with occupation troops in the southern district of Pulwama, a statem
Published 03 Oct, 2005 12:00am
Altaf asks Haq Parast Nazims and Naib Nazims to shun corruption

Altaf asks Haq Parast Nazims and Naib Nazims to shun corruption

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has called upon the newly-elected Nazims, Naib Nazims and councillors of Haq Parast Panel to restrain themselves, their family members and friends from corruption, nepotism and favouritism.
Published 03 Oct, 2005 12:00am
US troops kill eight insurgents in Iraq

US troops kill eight insurgents in Iraq

The US military said it had killed eight guerrillas on Saturday, and rejected allegations by local doctors that civilians had also been killed in US air strikes.
Published 03 Oct, 2005 12:00am
CBR evolves strategy to expedite court cases disposal

CBR evolves strategy to expedite court cases disposal

The Central Board of Revenue (CBR) has devised a strategy to speed up the disposal process of 16,000 cases pending with the Supreme Court and the high courts. Sources told Business Recorder here on Sunday that 12,000 tax-related cases were pending
Published 03 Oct, 2005 12:00am
CBR evolves strategy to expedite court cases disposal

CBR evolves strategy to expedite court cases disposal

The Central Board of Revenue (CBR) has devised a strategy to speed up the disposal process of 16,000 cases pending with the Supreme Court and the high courts. Sources told Business Recorder here on Sunday that 12,000 tax-related cases were pending
Published 03 Oct, 2005 12:00am
CBR evolves strategy to expedite court cases disposal

CBR evolves strategy to expedite court cases disposal

The Central Board of Revenue (CBR) has devised a strategy to speed up the disposal process of 16,000 cases pending with the Supreme Court and the high courts. Sources told Business Recorder here on Sunday that 12,000 tax-related cases were pending
Published 03 Oct, 2005 12:00am
World Bank''s expert begins Baglihar dam inspection

World Bank''s expert begins Baglihar dam inspection

The World Bank''s Swiss neutral expert Raymond Lafitte on Sunday started inspection of Baglihar dam design and ''peripheral set-up'' of the 450-MW controversial hydel project in Doda district of occupied Kashmir.
Published 03 Oct, 2005 12:00am
World Bank's expert begins Baglihar dam inspection

World Bank's expert begins Baglihar dam inspection

The World Bank's Swiss neutral expert Raymond Lafitte on Sunday started inspection of Baglihar dam design and 'peripheral set-up' of the 450-MW controversial hydel project in Doda district of occupied Kashmir.
Published 03 Oct, 2005 12:00am
World Bank's expert begins Baglihar dam inspection

World Bank's expert begins Baglihar dam inspection

The World Bank's Swiss neutral expert Raymond Lafitte on Sunday started inspection of Baglihar dam design and 'peripheral set-up' of the 450-MW controversial hydel project in Doda district of occupied Kashmir.
Published 03 Oct, 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 26 to October 01, 2005).

Published 03 Oct, 2005 12:00am
KKI weekly market review

KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (October 02, 2005).
Published 03 Oct, 2005 12:00am
Hong Kong business activity accelerates in September

Hong Kong business activity accelerates in September

Business activity in Hong Kong grew in September at its fastest pace since May as new orders increased, encouraging companies to hire more staff, the latest purchasing managers' index shows.
Published 03 Oct, 2005 12:00am
British Airways eyes 15 percent job cuts

British Airways eyes 15 percent job cuts

British Airways, Europe's third-largest airline, is eyeing a 15 percent cut in staff over several years as part of its move into a single new terminal at London's Heathrow Airport, a source said Sunday.
Published 03 Oct, 2005 12:00am
Boots and Alliance to announce merger today

Boots and Alliance to announce merger today

A 7-billion-pound ($12.4 billion) merger between British pharmacy groups Boots Group Plc and Alliance UniChem Plc is set to be formally announced on Monday morning, sources said on Sunday.
Published 03 Oct, 2005 12:00am
Japan's JFE sees lower ore and coal prices next year

Japan's JFE sees lower ore and coal prices next year

The chief executive of Japan's second-largest steel maker, JFE Steel Corp, said on Sunday he hopes to see lower iron ore and coal prices next year as raw material supplies grow and steel product output drops.
Published 03 Oct, 2005 12:00am
New Sudanese currency to circulate by mid-2006

New Sudanese currency to circulate by mid-2006

Sudan will introduce a new free-floating currency during the first half of 2006, Finance Minister al-Zubeir Ahmed al-Hassan said on Sunday, urging donors to help fund the $100 million cost of implementation.
Published 03 Oct, 2005 12:00am
Tankan survey seen showing rising business confidence

Tankan survey seen showing rising business confidence

A key survey of Japanese business confidence due out this week is expected to reinforce an upbeat outlook for the world's number two economy, showing companies growing more optimistic.
Published 03 Oct, 2005 12:00am
'South Korea interest rates could be raised'

'South Korea interest rates could be raised'

South Korea's finance ministry said on Sunday local interest rates could be raised if the economy showed a clear recovery pattern and that it would fully respect whatever the central bank decides.
Published 03 Oct, 2005 12:00am
China Handan Steel sees steel prices rebounding

China Handan Steel sees steel prices rebounding

Chinese steel prices have hit the bottom and should rise again next year due to firm raw material prices, the chairman of China's Handan Iron and Steel Co Ltd, Liu Ru Jun, said on Sunday.
Published 03 Oct, 2005 12:00am
ABB confirms full year profit and dividend goals

ABB confirms full year profit and dividend goals

Engineering firm ABB confirmed it hopes to post a full-year profit and pay a dividend for the first time since 2000, a top executive told a Swiss Sunday newspaper.
Published 03 Oct, 2005 12:00am
ABB confirms full year profit and dividend goals

ABB confirms full year profit and dividend goals

Engineering firm ABB confirmed it hopes to post a full-year profit and pay a dividend for the first time since 2000, a top executive told a Swiss Sunday newspaper.
Published 03 Oct, 2005 12:00am
Choi grabs share of PGA lead in bid to end win drought

Choi grabs share of PGA lead in bid to end win drought

South Korea's KJ Choi, seeking his first US PGA victory in three years, fired a five-under par 67 on Saturday to share the lead after three rounds at the Greensboro Chrysler Classic.
Published 03 Oct, 2005 12:00am
Mushtaq ready to spin web around England

Mushtaq ready to spin web around England

Pakistan leg-spinner Mushtaq Ahmed said on Sunday he was confident he can play a key role against England next month if selected. The 35-year-old said he had studied the England batsmen closely during his county stint at Sussex.
Published 03 Oct, 2005 12:00am
Hodge forces Test claims with 92 against World XI

Hodge forces Test claims with 92 against World XI

Brad Hodge pushed his claims for a place in Australia's team for this month's cricket Test match against the World XI with a top-scoring knock aganst the world team in a warm-up one-dayer on Sunday.
Published 03 Oct, 2005 12:00am
Bjorkman wins in Vietnam

Bjorkman wins in Vietnam

Sweden's Jonas Bjorkman beat Czech Radek Stepanek 6-3, 7-6 (7/4) to win the 380,000-dollar ATP tournament here on Sunday. The 33-year-old Bjorkman thereby won the sixth tournament of his career against an opponent often beaten by the power of the Swede's
Published 03 Oct, 2005 12:00am
Vaidisova beats Jankovic to win Korea Open

Vaidisova beats Jankovic to win Korea Open

Nicole Vaidisova of the Czech Republic defeated top seed Jelena Jankovic of Serbia in the final of the Korea Open here Sunday to claim her first title of year. Vaidisova, the tournament's youngest player at the age of 16 and ranked 24 in the world, routed
Published 03 Oct, 2005 12:00am
Hurricane Run wins Arc de Triomphe

Hurricane Run wins Arc de Triomphe

Hurricane Run won the Prix de l'Arc de Triomphe at Longchamp here on Sunday. Kieren Fallon put in a storming finish to take the win on the Andre Fabre-trained horse. Westerner, ridden by Olivier Peslier, was second with Bago, ridden by Thierry Gillet in t
Published 03 Oct, 2005 12:00am
Clijsters wins fifth Luxembourg title

Clijsters wins fifth Luxembourg title

US Open champion Kim Clijsters, the top seed, claimed her fourth consecutive title at the 585,000-dollar (480,000 euros) WTA final here on Sunday beating Germany's Anna-Lena Groenfeld in straight sets.
Published 03 Oct, 2005 12:00am
Japan Open seeds

Japan Open seeds

Seeded players in the 860,000-dollar Japan Open Tennis Tournament which gets under way on Monday:
Published 03 Oct, 2005 12:00am
Federer stops fighting Murray to keep victory run alive

Federer stops fighting Murray to keep victory run alive

Roger Federer fought to his 24th consecutive victory in a tournament final Sunday, encountering stiff resistance from Briton Andy Murray 6-3, 7-5 before claiming a second straight title at the 550,000-dollar Thailand Open.
Published 03 Oct, 2005 12:00am
In Iran, Islamic Muslim Games give women art

In Iran, Islamic Muslim Games give women art

The traffic jam is a prolonged reminder of the popularity of the ceremony you are about to witness. It is caused by everything from flagged cars of diplomats to pedestrians to the buses carrying athletes dressed in their formal national attire to Enqelab
Published 03 Oct, 2005 12:00am
Puerta and Stepanek to lead Japan Open tennis

Puerta and Stepanek to lead Japan Open tennis

Mariano Puerta of Argentina and Radek Stepanek of the Czech Republic were seeded on Sunday as the top two to lead the Japan Open Tennis Tournament this week after Australian Open champion Marat Safin withdrew.
Published 03 Oct, 2005 12:00am
Statins cut bone fracture risk in men

Statins cut bone fracture risk in men

Statin drugs used to lower cholesterol levels also cut the risk of bone fractures in adults, a study said on September 26. In a 2-1/2-year survey of 83,000 mostly male US military veterans, the 28,000 who took statin drugs had roughly a one-third lower ri
Published 03 Oct, 2005 12:00am
Eating disorders and anxiety go hand in hand

Eating disorders and anxiety go hand in hand

Adolescent girls with eating disorders are at risk of also developing anxiety disorders, and vice versa, according to a new study. Dr Pamela K. Keel, of the University of Iowa, Iowa City, and colleagues examined the simultaneous occurrence of eating disor
Published 03 Oct, 2005 12:00am
Where should the poor patients go?

Where should the poor patients go?

WHEN my friend was rushed to a private hospital recently he was suffering from a disease, which remains a mystery for doctors till his death later in a government hospital. At the time of his hospitalisation in the private medical centre he was fully cons
Published 03 Oct, 2005 12:00am
Low-fat vegan diet may spur weight loss

Low-fat vegan diet may spur weight loss

A diet free of animal products and low in fat may help trim the waistline without the task of strict calorie watching, a new study suggests.
Published 03 Oct, 2005 12:00am
Burying CO2 may curb global warming, but cost high

Burying CO2 may curb global warming, but cost high

Burying heat-trapping gases emitted by power plants and factories could play a big role in fighting global warming but would be a costly fix needing strong government backing, a UN report said on Monday.
Published 03 Oct, 2005 12:00am
No one can say if warming caused Katrina and Rita

No one can say if warming caused Katrina and Rita

Scientists say it's not easy to tell if global warming caused hurricanes Katrina and Rita but on September 26 they forecast more unpredictable weather as Earth gets hotter.
Published 03 Oct, 2005 12:00am
HEALTH UPDATE: apple juice 'protects the heart'

HEALTH UPDATE: apple juice 'protects the heart'

An apple juice a day could keep a trip to the heart doctor away, says research. A team of researchers in US have found that drinking apple juice appears to slow down a process that can lead to heart disease.
Published 03 Oct, 2005 12:00am
Morgan Stanley starts Nokia at 'underweight'

Morgan Stanley starts Nokia at 'underweight'

Morgan Stanley has started coverage of European telecoms equipment makers at "in-line", with Nokia at "underweight" and Ericsson and Alcatel at "overweight", the investment bank said on September 26.
Published 03 Oct, 2005 12:00am
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