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Print - 2005-11-11
Wake-up call

Wake-up call

The sudden and swift earthquake of severe intensity that jolted the Northern belt of Pakistan on 8/10, resulted in colossal deaths and destruction. Most horrific was the entrapment of hundreds of school children on that fateful morning under the rubbles o
Published 11 Nov, 2005 12:00am
Vigilance unit in CBR under study

Vigilance unit in CBR under study

Tax authorities have directed the Tax Policy and Reforms Wing to examine the possibility of setting up vigilance unit in the Central Board of Revenue (CBR).
Published 11 Nov, 2005 12:00am
Sindh governor orders to blacklist contractors delaying TKP

Sindh governor orders to blacklist contractors delaying TKP

Sindh Governor Dr Ishrat-ul-Ibad Khan on Thursday ordered the contractors delaying Tameer-e-Karachi Programme should be black listed for future while reluctance on part of utilities like KESC, PTCL etc to shift their installations from project sites be ad
Published 11 Nov, 2005 12:00am
NCEL deploys RiskMeter at LSE

NCEL deploys RiskMeter at LSE

National Commodity Exchange Ltd (NCEL) has deployed NCEL's RiskMeter, a scenario-based market risk measurement proprietary software, at Lahore Stock Exchange.
Published 11 Nov, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Nov, 2005 12:00am
Three killed as bus turns turtle

Three killed as bus turns turtle

Three passengers including a girl were killed and 13 other sustained injuries when a bus turned turtle near Chung here on Thursday.
Published 11 Nov, 2005 12:00am
Evolution, concept and purpose of university highlighted

Evolution, concept and purpose of university highlighted

Creativity thrives in an intellectual climate of breadth. A university should be a place of great conversations between engineers and philosophers, biologists and historians, physicians and linguists.
Published 11 Nov, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (November 10, 2005).

Published 11 Nov, 2005 12:00am
KWSB divided into three zones

KWSB divided into three zones

Karachi Water and Sewerage Board has divided the city's 18 Towns into three zones as part of steps taken for further improvement in the city's water and sewerage systems with each zone having a separate Water and Sewerage Chief Engineer while each Town wi
Published 11 Nov, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Nov, 2005 12:00am
'Rs 1 billion for revamping water, sewerage system'

'Rs 1 billion for revamping water, sewerage system'

City Nazim Syed Mustafa Kamal has informed the business community that the city government has allocated Rs 1 billion to start revamping water and sewerage systems in Korangi Industrial Area. Speaking at a meeting of Korangi Association of Trade and Indus
Published 11 Nov, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (November 10, 2005).

Published 11 Nov, 2005 12:00am
Herald Publications files petition against Sindh government

Herald Publications files petition against Sindh government

Pakistan Herald Publications (Pvt) Ltd, the owners of the daily English language newspaper Dawn, and its Chief Executive Hameed Haroon have filed a constitutional petition in the Sindh High Court against the province of Sindh, alleging that without assign
Published 11 Nov, 2005 12:00am
UHS workshop today

UHS workshop today

The University of Health Sciences (UHS) is holding a one-day workshop on writing Multiple Choice Questions (MCQs) here on Friday (November 11). The workshop is being arranged by the Department of Medical Education and is the third one of the series of wor
Published 11 Nov, 2005 12:00am
Steps taken against possible bird flu cases

Steps taken against possible bird flu cases

The government has taken all-out measures to protect Pakistan from any possible bird flu cases. Officials said here on Thursday that the country is completely free of Bird flu and a complete ban has been imposed on import of poultry from various countries
Published 11 Nov, 2005 12:00am
Buildings safety seminar on November 19

Buildings safety seminar on November 19

Citizens for a better environment in collaboration with Helpline Trust, is organising a seminar on citizen's right to a secure environment - "Public Safety in Buildings" - at a local hotel on November 19.
Published 11 Nov, 2005 12:00am
Over 4,000 Sikh yatrees reach Lahore

Over 4,000 Sikh yatrees reach Lahore

Over 4,000 Indian Sikh yatrees arrived here on Thursday to participate in the 536th birth anniversary celebrations of Sikh religion founder Baba Guru Nanak.
Published 11 Nov, 2005 12:00am
Hearing put off

Hearing put off

An accountability court has put off till November 19 the proceedings in a reference against former Punjab Chief Minister Mian Manzoor Ahmed Wattoo, as defence counsel did not appear before the court. Mian Manzoor Wattoo is facing charges of misusing his o
Published 11 Nov, 2005 12:00am
Opposition stages walkout from National Assembly

Opposition stages walkout from National Assembly

The combined opposition on Thursday staged walkout from the National Assembly over detention of one of their leaders Makhdoom Javed Hashmi and inhuman treatment being meted out to jailed Yusuf Raza Gillani, the ex-speaker of the Lower House.
Published 11 Nov, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 10, 2005).

Published 11 Nov, 2005 12:00am
'ADB to support rebuilding in quake-hit areas'

'ADB to support rebuilding in quake-hit areas'

The Asian Development Bank (ADB) is working on a multi-pronged approach for reprioritising of ongoing projects and providing new assistance to support reconstruction in the quake-hit areas.
Published 11 Nov, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (November 10, 2005).

Published 11 Nov, 2005 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The National Assembly met here on Thursday for barely 90 minutes, as the House inexorably moves towards completing the mandated 130-day work in its third parliamentary year.
Published 11 Nov, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (November 10, 2005).

Published 11 Nov, 2005 12:00am
Number of adjudication cases on the decline

Number of adjudication cases on the decline

The number of adjudication cases settled by the regional collectorates has gone down following the decision of Central Board of Revenue (CBR) to abolish all the collectorates of adjudication, customs, sales tax and central excise from July 1, 2005.
Published 11 Nov, 2005 12:00am
Pak-Algeria cooperation in oil and gas sector discussed

Pak-Algeria cooperation in oil and gas sector discussed

The Ambassador of Algeria Nadir Larboui paid a courtesy call on the Federal Minister for Petroleum and Natural Resources Amanullah Khan here on Thursday and exchanged view on promoting Pakistan-Algeria co-operation in the oil and gas sector.
Published 11 Nov, 2005 12:00am
'Maximum support to survivors in AJK being provided'

'Maximum support to survivors in AJK being provided'

Pakistan government is providing maximum support to the quake victims in Azad Kashmir. Chief Secretary AJK government Muhammad Kashif Murtaza said while speaking in a PTV programme on Thursday. He said besides provision of relief goods to cities in AJK, i
Published 11 Nov, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (November 10, 2005) and Friday (November 11, 2005).
Published 11 Nov, 2005 12:00am
Shaukat apprises Jordanian team of growth targets

Shaukat apprises Jordanian team of growth targets

Prime Minister Shaukat Aziz on Thursday said despite the devastation by the earthquake, the government was committed to achieve its growth targets. Talking to a delegation of Shaheen Business and Investment Group of Jordan at the PM House, he expressed th
Published 11 Nov, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (November 10, 2005).

Published 11 Nov, 2005 12:00am
Three journalists injured

Three journalists injured

Three TV journalists including Mujahid Barelvi, Nayyar Abbas and Tahir Iqbal and secretary co-ordination All Jammu and Kashmir Muslim Conference Sardar Aabid Razzak were injured in a traffic mishap, when their Van collided with a truck near Bhurbhan on Th
Published 11 Nov, 2005 12:00am
Defence cooperation with South Africa discussed

Defence cooperation with South Africa discussed

The Chief of South African Air Force, Lieutenant General C. Gagiano, called on Minister for Defence Rao Sikandar Iqbal on Thursday. Minister for State for Defence Zahid Hamid was also present during the call. They discussed matters pertaining to the enhan
Published 11 Nov, 2005 12:00am
Steps being taken to accelerate pace of agriculture growth: Bosan

Steps being taken to accelerate pace of agriculture growth: Bosan

The government attaches high priorities to accelerate the pace of agriculture growth to help rise the income of farming communities. The Federal Minister for Food and Agriculture Sikander Hayat Bosan observed this while speaking at 'grow more wheat semina
Published 11 Nov, 2005 12:00am
SHC admits Imtiaz to bail till November 15

SHC admits Imtiaz to bail till November 15

Former Senior Sindh Minister Imtiaz Shaikh was admitted to protective pre-arrest bail till November 15 by a division bench of the Sindh High Court (SHC), comprising Chief Justice Sabihuddin Ahmed and Justice Muhammad Athar Saeed here on Thursday in a new
Published 11 Nov, 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 11 Nov, 2005 12:00am
Key stock market movements at 1700 GMT on November 10

Key stock market movements at 1700 GMT on November 10

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 11 Nov, 2005 12:00am
Controversy over encroached area around New Sabzi Mandi deepens

Controversy over encroached area around New Sabzi Mandi deepens

The controversy over the encroached area around New Sabzi Mandi at the Super Highway has deepened as the encroachers have produced permission letters from different authorities to set up temporary stalls they are allotted shops within the authorised area
Published 11 Nov, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (November 10, 2005).

Published 11 Nov, 2005 12:00am
Survey of Sindh government buildings ordered

Survey of Sindh government buildings ordered

The Sindh government has decided to have a survey of all its building in Karachi including Sindh Secretariat, and Civil Defence Department. The District City Government Karachi (CDGK) has been given the task to complete the survey and submit its report wi
Published 11 Nov, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (November 10, 2005).

Published 11 Nov, 2005 12:00am
SHC appoints Amicus Curiae in illegal construction cases

SHC appoints Amicus Curiae in illegal construction cases

A division bench of High Court of Sindh (SHC) comprising Justice Musheer Alam and Justice Zawwar Hussain on Thursday appointed two advocates as Amicus Curiae to visit and report about alleged mushrooming of illegal constructions in Delhi Colony - Clifton
Published 11 Nov, 2005 12:00am
The Weather

The Weather

The weather report on Thursday (November 10, 2005) and the forecast for Friday (November 11, 2005).
Published 11 Nov, 2005 12:00am
Two vehicle-lifter gangs busted

Two vehicle-lifter gangs busted

Anti-Car Lifting Cell (ACLC) of Karachi police on Thursday busted two inter-provincial vehicle-lifting gangs and arrested their seven members, besides recovering 16 stolen vehicles from their possession.
Published 11 Nov, 2005 12:00am
'Suppliers of low-quality seeds to be punished'

'Suppliers of low-quality seeds to be punished'

Federal Minister for Food and Agriculture Sikander Hayat Bosan expressed his discontentment over the supply of low quality seeds to growers and directed to submit a report within three days over the marketing of sub-standard seeds by the seed companies ca
Published 11 Nov, 2005 12:00am
PIA creates world commercial aviation history

PIA creates world commercial aviation history

Pakistan International Airlines (PIA) has created world commercial aviation history by flying the newly manufactured Boeing 777 LR (Long Range) the first airline in the world to fly it from HongKong to Heathrow the wrong way around the globe.
Published 11 Nov, 2005 12:00am
PML-N criticises foreign policy

PML-N criticises foreign policy

The rulers have suffered a retreat once again at the hands of coalition forces by accepting posting of Nato forces in the sensitive areas of Azad Kashmir; more surprising was the fact that Nato has denounced 90 days stay and announced to prolong its stay
Published 11 Nov, 2005 12:00am
Man dies in police custody

Man dies in police custody

A man, arrested in an alleged dacoity case, was died in police custody during investigation here on Wednesday. According to report, Mureedwala police had arrested a gang of four dacoits, including Umer Farooq, Mohammad Tariq, Muhammad Babar and Ziaullah,
Published 11 Nov, 2005 12:00am
Rs 17.238 million uplift project for UVAS approved

Rs 17.238 million uplift project for UVAS approved

The Higher Education Commission (HEC) has accorded approval to the development project worth Rs 17.238 million of the University of Veterinary and Animal Sciences (UVAS) Lahore.
Published 11 Nov, 2005 12:00am
SRO 921 hailed

SRO 921 hailed

Former FPCCI and LCCI Chief and Co Chairman Businessman Panel Iftikhar Ali Malik has appreciated the issuance of SRO 921 (1) 2005, enhancing the total value of assets from Rs 300 million to Rs four billion under the Monopolies and Restrictive Trade Practi
Published 11 Nov, 2005 12:00am
SRO 921 hailed

SRO 921 hailed

Former FPCCI and LCCI Chief and Co Chairman Businessman Panel Iftikhar Ali Malik has appreciated the issuance of SRO 921 (1) 2005, enhancing the total value of assets from Rs 300 million to Rs four billion under the Monopolies and Restrictive Trade Practi
Published 11 Nov, 2005 12:00am
LHC seeks copy of government decision in helmet case

LHC seeks copy of government decision in helmet case

Lahore High Court (LHC) has directed advocate general Punjab to produce copy of the minutes of the meeting wherein government had taken decision to impose condition of wearing helmet by the motorcyclists.
Published 11 Nov, 2005 12:00am
Notice issued to CEC

Notice issued to CEC

The Lahore High Court (LHC) has issued notice to the Chief Election Commissioner (CEC) and directed him to submit report by first week of December in a petition filed by one Iqbal Rana challenging the election of nazim union council 65 of district Mandi B
Published 11 Nov, 2005 12:00am
PPCBL earmarks Rs 2.7 billion for Rabi loans

PPCBL earmarks Rs 2.7 billion for Rabi loans

Punjab Provincial Co-operative Bank Limited (PPCBL) will be providing loans to the tune of Rs 2.70 billion to small farmers of the province though registered societies for the Rabi crop 2006.
Published 11 Nov, 2005 12:00am
Monitoring system in education made effective

Monitoring system in education made effective

Punjab Chief Minister Chaudhry Pervaiz Elahi, chairing a meeting here on Thursday, said that in order to get viable results in reforms in educational sector, system of monitoring had been made affective.
Published 11 Nov, 2005 12:00am
Conference on GATS

Conference on GATS

The Punjab government, Planning and Development Department is organising a two-day conference on General Agreement on Trade in Services (Gats) on the theme of 'Trade in services: challenges and opportunities for Pakistan' on November 14.
Published 11 Nov, 2005 12:00am
Infant undergoes open-heart surgery

Infant undergoes open-heart surgery

For the first time ever in Pakistan, a four-month-old child has been operated upon for a very complicated open-heart surgery kind of which has never been reported in Pakistan.
Published 11 Nov, 2005 12:00am
Power sale fetched Rs 2.43 billion revenue in 2003-04

Power sale fetched Rs 2.43 billion revenue in 2003-04

The value of electricity sold ie energy charges billed (revenue from sale of power and other charges) during fiscal 2003-04 stood at Rs 243,606 million as against Rs 164,895 million during the fiscal 1999-2000, showing an average per annum increase of 10
Published 11 Nov, 2005 12:00am
Contractor gets payment on Ombudsman's intervention

Contractor gets payment on Ombudsman's intervention

The payment to a contractor, withheld for almost two years, has been made on the intervention of Punjab Ombudsman, Abdur Rashid Khan. The payment of over Rs 9,00,000 was made to contractor Abdul Hameed by the Principal King Edward Medical College (KEMC) a
Published 11 Nov, 2005 12:00am
LHC directs DPO to get FIR registered against cops

LHC directs DPO to get FIR registered against cops

The Lahore High Court (LHC) has directed District Police Officer (DPO) Sialkot to get registered criminal case against SI Tariq Mehmood and two other police officials Munawar Hussain and Zulfiqar and submit challan of the case before the trial court by De
Published 11 Nov, 2005 12:00am
Returning officer's bail confirmed

Returning officer's bail confirmed

The Lahore High Court (LHC) has confirmed bail of a returning officer of Bhakkar, Professor Laiq Ahmed who approached the court for bail in a criminal case registered against him for tempering election record.
Published 11 Nov, 2005 12:00am
Comprehensive livestock policy urged

Comprehensive livestock policy urged

Pakistan Livestock Research Scientists Association President Dr Hafiz Muhammad Matiullah has said that the veterinary viral diseases has created panic world-wide, including Pakistan, causing huge losses every year.
Published 11 Nov, 2005 12:00am
Ninth ICQI-2005 to be held on November 15

Ninth ICQI-2005 to be held on November 15

The 9th International Convention on Quality Improvement (ICQI-2005) is being organised by Pakistan Institute of Quality Control at Karachi on November 15, 2005. The theme of this conference is 'Six Sigma and Emerging Quality tools', says a press release i
Published 11 Nov, 2005 12:00am
Learning to be self-reliant

Learning to be self-reliant

Given the poor donor response to the needs of quake victims, President General Pervez Musharraf has taken the much welcome decision to postpone the purchase of F-16 war planes from the US and divert the funds earmarked for the purpose to relief and recons
Published 11 Nov, 2005 12:00am
Mysterious death of migratory birds

Mysterious death of migratory birds

Coming in the midst of increasing global alarm over deepening threat of a flu pandemic, as lately gripping Europe, worrisome, indeed, is a news report (November 7), pointing to an unusually large number of migratory Siberian birds dying at lakes and in th
Published 11 Nov, 2005 12:00am
Shariah requirements for conventional banks

Shariah requirements for conventional banks

Many conventional banks and financial intuitions are increasingly becoming interested in Islamic finance and investment. How can these conventional banks and institutions enter this market? Is it possible or not? This paper is an initial attempt to lay do
Published 11 Nov, 2005 12:00am
British laboratory gives early European warning on bird flu

British laboratory gives early European warning on bird flu

A steady-handed technician in a long white labcoat injects a serum into two tiny holes in a live egg, the first step in a process to identify the deadly avian influenza virus. Because it is only a mock test, several observers calmly gather behind her. If
Published 11 Nov, 2005 12:00am
China exporters eye 1.3 billion customers at home

China exporters eye 1.3 billion customers at home

If China is to succeed in its effort to shift its export-fuelled economy to one propelled by domestic demand, people like MacArthur Lu may hold the key. Exhibiting his firm's somewhat nondescript suitcases recently at the Canton Trade Fair, where Chinese
Published 11 Nov, 2005 12:00am
Tiger perfectly placed to pounce in Shanghai

Tiger perfectly placed to pounce in Shanghai

Tiger Woods shot an opening seven-under-par 65 at the HSBC Champions tournament here on Thursday to lie one shot off the three-way lead held by Australian Peter O'Malley, England's Nick Dougherty and Paul Lawrie of Scotland.
Published 11 Nov, 2005 12:00am
US citizens oppose military recruitment at schools

US citizens oppose military recruitment at schools

Voters in unabashedly anti-war San Francisco have made it city policy to oppose the presence of US military recruiters at public high schools and colleges. The "College Not Combat" initiative passed with about 60 percent of the vote after balloting Tuesda
Published 11 Nov, 2005 12:00am
Hong Kong dollar recovers some losses

Hong Kong dollar recovers some losses

The Hong Kong dollar recouped some early losses late on Thursday, while interbank money rates were mixed, with short dates remaining soft due to ample liquidity. The local currency weakened to 7.7574 per US dollar before recovering to 7.7555/58, firmer th
Published 11 Nov, 2005 12:00am