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Print - 2005-10-26
CBR seeks fresh data to update 'NEXUS' system

CBR seeks fresh data to update 'NEXUS' system

The Central Board of Revenue (CBR) has sought fresh data from five sources, including PTCL, mobile phone companies, utility agencies, motor registration authorities, natural gas suppliers and foreign travellers, to update the "NEXUS" system for broadening
Published 26 Oct, 2005 12:00am
Rs 1.78 billion new currency notes issued to banks

Rs 1.78 billion new currency notes issued to banks

The State Bank of Pakistan on Tuesday issued new currency notes of record amount of rupees 1.78 billion to all commercial banks operating in various parts of the provincial metropolis to fulfil needs of their clients in-connection with Eid-ul-Fitr.
Published 26 Oct, 2005 12:00am
National Assembly body asks ZTBL to waive mark-up in hardship cases

National Assembly body asks ZTBL to waive mark-up in hardship cases

The Standing Committee of National Assembly on Food, Agriculture and Livestock has directed the Zarai Taraqqi Bank Ltd (ZTBL) to introduce a special relief package for small farmers, and in hardship cases it should waive mark-up on the principal amount.
Published 26 Oct, 2005 12:00am
Overseas cash transfers reshape Philippines countryside

Overseas cash transfers reshape Philippines countryside

In this impoverished rural corner of the Philippines, traditional one-room thatch houses are giving way to modern brick homes with glass windows, tiled roofs and giant courtyards -- the product of a housing boom fuelled by remittances from overseas worker
Published 26 Oct, 2005 12:00am
Eid celebrations

Eid celebrations

On the occasion of Eid, get-togethers are held at government and public levels on which lot of money is spent on illuminations, meals, variety programmes, etc.
Published 26 Oct, 2005 12:00am
Earthquake test

Earthquake test

As the nation mourns the earthquake tragedy, he has donated one month's salary the towards relief fund, whereas he is spending a major portion of his financial savings on the welfare of the victims.
Published 26 Oct, 2005 12:00am
SBP's new policies

SBP's new policies

This is with reference to a letter of Waqar Hasan published in your esteemed daily on 18th October, 2005 under the caption: 'SBP Governor's speech'. I do not agree with Waqar Hasan's depiction and characterisation of the State Bank and its Governor.
Published 26 Oct, 2005 12:00am
US credit card industry in revolt

US credit card industry in revolt

Nobody seems happy with the US credit-card industry these days -- not the consumers who use the cards, the retailers and merchants who accept them, or the lawmakers who oversee the industry.
Published 26 Oct, 2005 12:00am
Capacity building of NGOs-I

Capacity building of NGOs-I

Capacity building has in recent years become a catch-word among NGO support organisations and generally refers to Non Government Organisation Support Organisations (NGOSOs) efforts to strengthen the organisation and activities of partner NGOs and Communit
Published 26 Oct, 2005 12:00am
Appeal for observing Eid with austerity

Appeal for observing Eid with austerity

Coming in the midst of the horrendous aftermath of an unprecedented natural calamity, the decision of the Cabinet Committee on Earthquake Relief, Reconstruction, and Rehabilitation, at its meeting last Saturday, to observe Eid-ul-Fitr in a sober and solem
Published 26 Oct, 2005 12:00am
Reforming the power distribution sector

Reforming the power distribution sector

According to a report that appeared in this paper the other day, the World Bank has expressed its disappointment over the fact that Wapda has failed to determine and notify tariffs for its different semi-independent power distribution companies (Discos) -
Published 26 Oct, 2005 12:00am
British helicopters arrive

British helicopters arrive

Two more British army Chinook helicopters have joined the fleet of helicopters busy in the relief and of the affected people in the earthquake areas. The helicopters, which were brought to Islamabad in a C-17 transport /aircraft, will be assembled and the
Published 26 Oct, 2005 12:00am
Cabinet Relief Committee to meet on October 27

Cabinet Relief Committee to meet on October 27

Chairman Cabinet Relief Committee, Revenue Minister, Malik Mohammad Nawaz Khan has convened a meeting of Relief Committee on October 27 at 8 pm at Prime Minister Secretariat, Muzaffarabad. The meeting will also be attended by three opposition members incl
Published 26 Oct, 2005 12:00am
People start reconstruction of houses on self-help basis

People start reconstruction of houses on self-help basis

The affected families of the October 8, devastating earthquake in Bagh district of Azad Jammu and Kashmir have started reconstruction of their shattered houses on self help basis keeping in view the fast approaching chilling winter.
Published 26 Oct, 2005 12:00am
Three mobile phone companies enter AJK

Three mobile phone companies enter AJK

Minister for Information Technology Awais Ahmad Khan Leghari on Tuesday said three of the six mobile phone companies operating in the country had launched their service in Muzaffarabad and other parts of Azad Kashmir following the government decision to a
Published 26 Oct, 2005 12:00am
Army acted promptly in quake-hit areas: ISPR

Army acted promptly in quake-hit areas: ISPR

Inter-Services Public Relations (ISPR) Director General Major General Shaukat Sultan said on Tuesday that Pakistan Army wasted no time in coming forward to rescue earthquake-hit people in Azad Kashmir and NWFP.
Published 26 Oct, 2005 12:00am
Senate session summoned on November 11

Senate session summoned on November 11

President General Pervez Musharraf has summoned the session of Senate on November 11, at 3:00 pm to meet in Parliament House. This will be the 24th session of the Senate.
Published 26 Oct, 2005 12:00am
The Weather

The Weather

The weather report on Tuesday (October 25, 2005) and the forecast for Wednesday (October 26, 2005).
Published 26 Oct, 2005 12:00am
New York cotton

New York cotton

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

Published 26 Oct, 2005 12:00am
NWFP treasury members reject official bill

NWFP treasury members reject official bill

Treasury members in NWFP rejected their own official North-West Frontier Province Societies Registration (Amendment) Bill 2005 with majority to block the proposed regularity laws for religious seminaries in the province.
Published 26 Oct, 2005 12:00am
New York cotton

New York cotton

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

Published 26 Oct, 2005 12:00am
Shawal moon sighting on November 3

Shawal moon sighting on November 3

Meeting of the Central Ruet-e-Hilal Committee for sighting the moon of Shawal 1426-Hijri will be held in the Saudi Pak Tower, Blue Area here on Thursday (November 3). Similarly, the zonal district Ruet-e-Hilal committees will meet in their respective head
Published 26 Oct, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 25, 2005).

Published 26 Oct, 2005 12:00am
Muzaffarabad, Balakot and Bagh to be rebuilt

Muzaffarabad, Balakot and Bagh to be rebuilt

Chief of the Earthquake Rehabilitation and Reconstruction Authority (ERRA) and the Army's Engineer In-chief Lieutenant General Mohammed Zubair has disclosed that the authority will rebuild entire cities of Muzaffarabad, Balakot and Bagh destroyed in the d
Published 26 Oct, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 25, 2005).

Published 26 Oct, 2005 12:00am
Key stock market movements at 1700 GMT on October 25

Key stock market movements at 1700 GMT on October 25

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 26 Oct, 2005 12:00am
Brick lining of 360 watercourses

Brick lining of 360 watercourses

Brick lining of 360 watercourses will be completed at a cost of Rs 150 million in Jhang district during the current financial year. Jhang Agriculture Executive District Officer (EDO) Chaudhry Nazir Hussain stated this during a meeting on Tuesday.
Published 26 Oct, 2005 12:00am
Makers ready to produce 0.5 million tents per month

Makers ready to produce 0.5 million tents per month

Tent manufacturers of the country are all set to achieve the target of producing 0.5 million tents in a month for earthquake victims provided the government guarantees prompt payments.
Published 26 Oct, 2005 12:00am
Small growers to be encouraged to cultivate vegetables and oilseeds

Small growers to be encouraged to cultivate vegetables and oilseeds

Small growers would be encouraged to cultivate cash crops-vegetables and oilseeds to improve their economic conditions. This was stated by Ghulam Hussain Leghari, EDO Agriculture Department Jamshoro district, while addressing to the growers and field staf
Published 26 Oct, 2005 12:00am
PMA for ban on new construction in old city of Karachi

PMA for ban on new construction in old city of Karachi

Pakistan Medical Association (PMA) on Tuesday strongly recommended complete ban on new constructions in old city areas of Karachi and survey of all existing buildings regarding basic utilities. These recommendations were given in view of a large number of
Published 26 Oct, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (October 25, 2005).

Published 26 Oct, 2005 12:00am
AIG Capital to invest $30 million in Resource Group

AIG Capital to invest $30 million in Resource Group

The American International Group (AIG) Capital Partners Inc will invest $30 million in The Resource Group International Ltd, a subsidiary of Resource Group (TRG) Pakistan Limited.
Published 26 Oct, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (October 25, 2005) and Wednesday (October 26, 2005).
Published 26 Oct, 2005 12:00am
AIG Capital to invest $30 million in Resource Group

AIG Capital to invest $30 million in Resource Group

The American International Group (AIG) Capital Partners Inc will invest $30 million in The Resource Group International Ltd, a subsidiary of Resource Group (TRG) Pakistan Limited.
Published 26 Oct, 2005 12:00am
Old sewerage lines to be replaced: Kamal

Old sewerage lines to be replaced: Kamal

City Nazim Syed Mustafa Kamal has said the old sewerage lines in all areas of the city including Orangi will be replaced along with the construction of roads so that a solution is made possible to difficulties in the wake of leaking sewerage lines.
Published 26 Oct, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (October 25, 2005).

Published 26 Oct, 2005 12:00am
Yaum-e-Ali today

Yaum-e-Ali today

Yaum-e-Ali, the day of martyrdom of Hazrat Ali (RA), will be observed with religious fervour in the metropolis on Wednesday (21st Ramazan).
Published 26 Oct, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 25, 2005).

Published 26 Oct, 2005 12:00am
268 rape cases reported in Sindh during 2004

268 rape cases reported in Sindh during 2004

Sindh Assembly during question hour on Tuesday was told that 268 women were raped in the province during 2004, including 108 in Karachi. In all, 268 cases had been registered and legal proceedings were at different stages.
Published 26 Oct, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 25, 2005).

Published 26 Oct, 2005 12:00am
Three criminals escape from police lockup

Three criminals escape from police lockup

Three criminals, under investigation, involved in minor theft cases escaped from police lockup, City Police Station Muzaffargarh, after removing iron bars.
Published 26 Oct, 2005 12:00am
Bids for purchase of jet aircraft today

Bids for purchase of jet aircraft today

A meeting of the committee constituted by Sindh government for purchase of new jet aircraft and sale of existing Cessna will be held to receive/open bids for the purchase of new Jet aircraft at 11.15 am on Wednesday, at 7th floor, New Sindh Secretariat Bu
Published 26 Oct, 2005 12:00am
Delay in board formation results in FCS mismanagement

Delay in board formation results in FCS mismanagement

The delay in formation of Fishermen Co-operative Society's board has aggravated the conditions, resulting in the total collapse of administration and mismanagement in the society.
Published 26 Oct, 2005 12:00am
THE RUPEE: modest fall in interbank market

THE RUPEE: modest fall in interbank market

Downward trend was seen in the interbank market on Tuesday as the rupee shed three paisa against the dollar for buying at 59.73 and dropped four paisa on the selling side at 59.77, respectively.
Published 26 Oct, 2005 12:00am
MPA acquitted in Akora Khattak case

MPA acquitted in Akora Khattak case

The anti terrorism court (ATC) here on Tuesday acquitted Khalil Abbas MPA and others charged for murdering four persons in the famous Akora Khattak incident.
Published 26 Oct, 2005 12:00am
THE RUPEE: modest fall in interbank market

THE RUPEE: modest fall in interbank market

Downward trend was seen in the interbank market on Tuesday as the rupee shed three paisa against the dollar for buying at 59.73 and dropped four paisa on the selling side at 59.77, respectively.
Published 26 Oct, 2005 12:00am
'Christmas to be celebrated in simple way'

'Christmas to be celebrated in simple way'

Expressing its solidarity and sympathy with the victims of the earthquake, the Christian community has also decided to celebrate Christmas in a simple way in the country. All Pakistan Minorities Alliance (APMA) Chairman Shehbaz Bhatti stated this at a pre
Published 26 Oct, 2005 12:00am
ZTBL to be divided into 25 'zones' from January

ZTBL to be divided into 25 'zones' from January

In order to improve the performance of Zarai Taraqiati Bank Limited and to run it on commercial basis, the regional offices of the bank are being abolished from January next year, dividing it into 25 zones to further enhance its reach.
Published 26 Oct, 2005 12:00am
Quake: media's role commended

Quake: media's role commended

Media Monitoring and Analysis Pakistan (MMAP) has commended the role of print and electronic media in projecting the plight of earthquake victims.
Published 26 Oct, 2005 12:00am
SBP employees to get salary on October 27

SBP employees to get salary on October 27

The State Bank of Pakistan (SBP) will disburse October salary to its employees on October 27, 2005 to facilitate them to do the Eid shopping.
Published 26 Oct, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (October 25, 2005).

Published 26 Oct, 2005 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The October 8 earthquake struck rather early in the day for the Bagh Girls Degree College. Only 11 students had reached the college library by then. For the next four days they lay buried under the debris of the fallen roof, crying for help.
Published 26 Oct, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (October 25, 2005).

Published 26 Oct, 2005 12:00am
Cottage industrial zone in Multan demanded

Cottage industrial zone in Multan demanded

Founder Chairman of All Pakistan Bedsheet & Up-holstery Manufacturers Association (APBUMA) Syed Muhammad Qasim Shah has emphasised the need for the establishment of a cottage industrial zone in Multan with the help of private sector to promote handloom in
Published 26 Oct, 2005 12:00am
Board meetings in progress

Board meetings in progress

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

Published 26 Oct, 2005 12:00am
50 percent truck stands shifted to outskirts

50 percent truck stands shifted to outskirts

Faisalabad district government has shifted more than 50 percent truck stands to Jhang road, outside the city. Some transporters, protesting against the decision, have sought extension of relaxation period.
Published 26 Oct, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Oct, 2005 12:00am
More support for AJK health infrastructure urged

More support for AJK health infrastructure urged

Punjab Health Minister, Dr Tahir Ali Javed on Tuesday said health infrastructure especially of AJK has been badly affected by the earthquake and should be supported for more than one year.
Published 26 Oct, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 26 Oct, 2005 12:00am
Bandits loot cash, gold ornaments

Bandits loot cash, gold ornaments

Bandits looted gold ornaments, cash and other valuables in separate dacoity incidents in different areas of the city. According to police, in first incident five robbers stormed into the house of Abdul Wahid at Shaheen Street, held the inmates hostage and
Published 26 Oct, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (October 25, 2005).

Published 26 Oct, 2005 12:00am
Modern irrigation machines to be set up

Modern irrigation machines to be set up

The government with the assistance of growers will set up modern machinery of irrigation technology in agriculture land to meet the water shortage.
Published 26 Oct, 2005 12:00am
Seats reserved in college for workers, children

Seats reserved in college for workers, children

The Punjab government has allocated as many as 20 seats in Government College of Paramedics Faisalabad for industrial workers and their children, possessing required qualification.
Published 26 Oct, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 Oct, 2005 12:00am
Seven killed in separate road accidents

Seven killed in separate road accidents

Seven persons, including two women were killed, while more than one dozen others injured in various road accidents on Tuesday.
Published 26 Oct, 2005 12:00am
Arrangements being made for Pak-England Test match

Arrangements being made for Pak-England Test match

Befitting arrangements are being made for the 2nd Cricket Test Match, scheduled to be played between the England & Pakistan teams here in the Iqbal Stadium from November 20-24.
Published 26 Oct, 2005 12:00am
UAE armed forces medical team arrives in Islamabad

UAE armed forces medical team arrives in Islamabad

A UAE armed forces medical team has arrived here and would soon leave for the worst affected Balakot to oversee the medical services at the UAE field hospital there, UAE ambassador said on Tuesday.
Published 26 Oct, 2005 12:00am
JWT holds session on brand content

JWT holds session on brand content

JWT Karachi recently held a session for clients and agency members on 'Brand Content: Trends and Developments'. The session was led by John Garland, EVP and Creative Director Content and Development at JWT New York.
Published 26 Oct, 2005 12:00am
CDGL proposes shifting of major markets

CDGL proposes shifting of major markets

The city district government Lahore has proposed to the provincial government to shift major markets, including Akbari Mandi, from the city to help remove encroachments.
Published 26 Oct, 2005 12:00am
Supreme Court imposes one-month ban on kite flying

Supreme Court imposes one-month ban on kite flying

A Full Bench of the Supreme Court has imposed ban on kite flying, manufacturing and sale of kites and flying thread for a month, and observed that police and nazims will be responsible for implementation of the court orders.
Published 26 Oct, 2005 12:00am
Relief goods not reaching remote areas: PML-N

Relief goods not reaching remote areas: PML-N

Government should co-ordinate the relief efforts of various parties so that the relief goods were properly channelled to remote areas, hence many quake-hit areas were neglected and leaving many unfortunate victims abandoned.
Published 26 Oct, 2005 12:00am
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