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Print - 2005-11-23
SBP 'Learning Resource Centre' inaugurated

SBP 'Learning Resource Centre' inaugurated

"Acquiring knowledge is a perpetual process and one should never think that the process has stopped." These philosophical reflections were voiced by Dr Ishrat Husain, Governor, State Bank of Pakistan (SBP), while inaugurating the 'Learning Resource Centre
Published 23 Nov, 2005 12:00am
TeleCard and Instaphone sign accord

TeleCard and Instaphone sign accord

TeleCard and Instaphone have signed an agreement of interconnection between Insta's cellular network and TeleCard's Wireless Local Loop (WLL) and long distance international (LDI) networks, according to a statement issued here on Monday.
Published 23 Nov, 2005 12:00am
The Weather

The Weather

The weather report on Tuesday (November 22, 2005) and the forecast for Wednesday (November 23, 2005).
Published 23 Nov, 2005 12:00am
Sea change planned to improve Hyderabad district education system

Sea change planned to improve Hyderabad district education system

The Executive District Officer, Education, Abdul Majeed, has said that the over-staffing and ghost teachers, mostly appointed on political considerations, are yet another problem adversely affecting the quality of education in government educational insti
Published 23 Nov, 2005 12:00am
New York cotton

New York cotton

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

Published 23 Nov, 2005 12:00am
EU envoy to inspect KFH on November 29

EU envoy to inspect KFH on November 29

As part of European Union's consistent watch on seafood exports from Pakistan, its Ambassador in Islamabad, Bathasar Benz, will visit Karachi Fish Harbour on November 29, 2005, it is learnt.
Published 23 Nov, 2005 12:00am
New York cotton

New York cotton

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

Published 23 Nov, 2005 12:00am
Call for close interaction between Pakistan and Bangladesh

Call for close interaction between Pakistan and Bangladesh

Bangladesh Minister for Food, Disaster Management and Relief Chowdhury Kamal Ibne-Yousuf on Tuesday called for close interaction between businessmen, entrepreneurs, experts and NGOs to promote all round co-operation between Pakistan and Bangladesh.
Published 23 Nov, 2005 12:00am
Key stock market movements at 1700 GMT on November 22

Key stock market movements at 1700 GMT on November 22

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 23 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 23 Nov, 2005 12:00am
EPB seeks suggestions from exporters

EPB seeks suggestions from exporters

Export Promotion Bureau (EPB) has invited suggestions from exporters for revamping export refinance scheme. According to EPB sources here on Tuesday, the State Bank of Pakistan (SBP) has decided to revise the export finance scheme to further simplify the
Published 23 Nov, 2005 12:00am
MQM orders purchase of blankets from Amritsar

MQM orders purchase of blankets from Amritsar

The MQM, USA chapter has ordered purchase of two consignments of 10,000 blankets, from Amritsar, India, for distribution among the earthquake affected people, who badly need the item due to the severe cold conditions.
Published 23 Nov, 2005 12:00am
SHOs bound to register FIR: Sindh Assembly informed

SHOs bound to register FIR: Sindh Assembly informed

Sindh home minister Rauf Siddiqui told the provincial assembly that station house officers (SHOs) were bound to register First Information Report (FIR) in all circumstances and refusal to comply with these instructions would make them accountable to rules
Published 23 Nov, 2005 12:00am
Opposition's resolution on Sindhi language disallowed

Opposition's resolution on Sindhi language disallowed

Treasury members on Tuesday did not allow opposition to table an out of turn resolution demanding implementation of Sindhi Language Act, 1972. Makhdoom Jamil of the Pakistan People's Party (PPP) wanted to move the controversial resolution. The motion to s
Published 23 Nov, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 22, 2005).

Published 23 Nov, 2005 12:00am
PWF workshop

PWF workshop

Speakers at the concluding ceremony of a five-day training workshop organised by Pakistan Workers Federation (PWF) have urged the workers to forge unity in their ranks to achieve their goals.
Published 23 Nov, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (November 22, 2005) and Wednesday (November 23, 2005).
Published 23 Nov, 2005 12:00am
PML-N and JUP-N nominate consensus candidate

PML-N and JUP-N nominate consensus candidate

Pakistan Muslim League (PML-N) has declared Jamiat Ulema Pakistan-Niazi (JUP-N)'s candidate Ghulam Shahbir Qadri as a consensus candidate for the NA-132 Sharaqpur by-election.
Published 23 Nov, 2005 12:00am
Punjab earmarks Rs 8 billion for small businessmen

Punjab earmarks Rs 8 billion for small businessmen

Punjab government has set aside Rs 8 billion for extending loan facility to SMEs, businesswomen and other interested persons for setting up new industrial units in the province.
Published 23 Nov, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 22, 2005).

Published 23 Nov, 2005 12:00am
Elahi for giving due respect to public representatives

Elahi for giving due respect to public representatives

Punjab Chief Minister Chaudhry Pervaiz Elahi has cautioned government officers causing unnecessary bottlenecks in public welfare works had no right to stay in their offices and no matter which position they were working against, should give the public rep
Published 23 Nov, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 22, 2005).

Published 23 Nov, 2005 12:00am
Presentation given on working of LTU

Presentation given on working of LTU

A selected group of chief executives (CEs) of the top taxpaying companies of the province was given a briefing on Large Taxpayers Unit (LTU) here on Tuesday.
Published 23 Nov, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 22, 2005).

Published 23 Nov, 2005 12:00am
Rs 6.6 billion Balochistan irrigation project prepared

Rs 6.6 billion Balochistan irrigation project prepared

The Federal government has prepared a project "Balochistan Small Scale Irrigation", which will be completed with the total cost of Rs 6.6 billion with the co-operation of the World Bank.
Published 23 Nov, 2005 12:00am
THE RUPEE: sharp gain against dollar in interbank

THE RUPEE: sharp gain against dollar in interbank

Upward trend persisted in the interbank market on Tuesday as the rupee recovered nine paisa more against the dollar for buying and selling at 59.73 and 59.74 on high inflows of dollar, money changers said.
Published 23 Nov, 2005 12:00am
Talks under way to resolve NFC issue, Punjab Assembly told

Talks under way to resolve NFC issue, Punjab Assembly told

Punjab Finance Minister Sardar Hasnain Bahadur Dareshak informed the Punjab Assembly that talks are under way with the provincial finance ministers and federal finance minister for the resolution of National Finance Commission (NFC) Award.
Published 23 Nov, 2005 12:00am
THE RUPEE: sharp gain against dollar in interbank

THE RUPEE: sharp gain against dollar in interbank

Upward trend persisted in the interbank market on Tuesday as the rupee recovered nine paisa more against the dollar for buying and selling at 59.73 and 59.74 on high inflows of dollar, money changers said.
Published 23 Nov, 2005 12:00am
Call for boosting export of fruits and vegetables

Call for boosting export of fruits and vegetables

Shamoon Sadiq, Chief Executive Officer (CEO), Pakistan Horticulture Development and Export Board (PHDEB), has stressed the need for evolving a system where growers and exporters could join hands for quality production in conformity with international stan
Published 23 Nov, 2005 12:00am
Wife of Australian Prime Minister calls on Sehba

Wife of Australian Prime Minister calls on Sehba

Janette Howard, wife of Australian Prime Minister, called on First Lady Begum Sehba Musharraf and expressed Australia's solidarity with Pakistan in the wake of last month's earthquake catastrophe.
Published 23 Nov, 2005 12:00am
Implementation of reconstruction plan real task: Faisal

Implementation of reconstruction plan real task: Faisal

Federal Minister for Kashmir Affairs and Northern Area, Faisal Saleh Hayat Tuesday said that the real task ahead was the implementation of the reconstruction plan in quake-affected areas which would start very soon.
Published 23 Nov, 2005 12:00am
China assures quick implementation of reconstruction projects

China assures quick implementation of reconstruction projects

China assures its support to Pakistan for quick implementation of worth $300 million reconstruction projects in the quake-affected areas. The assurance was held out by a spokesperson of the Chinese Foreign Ministry Liu Jianchao at a regular news briefing
Published 23 Nov, 2005 12:00am
KPT and CDGK lock horns over land ownership

KPT and CDGK lock horns over land ownership

A tug of war has started between Karachi Port Trust (KPT) and City District Government Karachi (CDGK) over land ownership at Clifton beach. The land along with sea, land and water 50 metres in front of seashore was the property of the federal government,
Published 23 Nov, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (November 22, 2005).

Published 23 Nov, 2005 12:00am
Electronics items sale picks up

Electronics items sale picks up

The wedding season that started during the month of Ramazan is now picking up pace and brisk business activities at different electronics markets across the metropolis are seen where sales of home appliances have jumped to almost 25 percent.
Published 23 Nov, 2005 12:00am
Siemens Pakistan earns Rs 779 million profit

Siemens Pakistan earns Rs 779 million profit

Siemens Pakistan has earned a profit of Rs 779 million for the fiscal year 2005 that ended on September 30, up 89 percent as compared to the fiscal year 2004, company Managing Director Sohail Wajahat H. Siddiqui said in a statement here on Tuesday.
Published 23 Nov, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (November 22, 2005).

Published 23 Nov, 2005 12:00am
Siemens Pakistan earns Rs 779 million profit

Siemens Pakistan earns Rs 779 million profit

Siemens Pakistan has earned a profit of Rs 779 million for the fiscal year 2005 that ended on September 30, up 89 percent as compared to the fiscal year 2004, company Managing Director Sohail Wajahat H. Siddiqui said in a statement here on Tuesday.
Published 23 Nov, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Nov, 2005 12:00am
Cement and steel demand to rise in quake-hit areas

Cement and steel demand to rise in quake-hit areas

Huge reconstruction work in Azad Jammu and Kashmir (AJK) and NWFP will increase the demand for cement, steel, canvas, timber as also of qualified labour for the reconstruction projects.
Published 23 Nov, 2005 12:00am
Board meetings in progress

Board meetings in progress

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

Published 23 Nov, 2005 12:00am
Pakistan industrial moot from December 2

Pakistan industrial moot from December 2

Site Association of Industry (SAI) chairman Dr Mirza Ikhtair Baig has said the association is organising a first ever two-day Pakistan industrial conference from December 2.
Published 23 Nov, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Nov, 2005 12:00am
By-polls on 3 NA, 2 PA seats rescheduled

By-polls on 3 NA, 2 PA seats rescheduled

Election Commission on Tuesday amending the schedule fixed December 13 as the date for bye-election on three National Assembly constituencies and two Provincial assemblies seats instead of December 8 as announced earlier.
Published 23 Nov, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (November 22, 2005).

Published 23 Nov, 2005 12:00am
NLC sets up helpline centres

NLC sets up helpline centres

The National Logistics Corporation (NLC) has established three information centres to help the earthquake victims at Lahore, Jhelum and Rawalpindi, as a large number of people has still been missing from the earthquake-affected areas.
Published 23 Nov, 2005 12:00am
Marble and granite industry modernisation plan finalised

Marble and granite industry modernisation plan finalised

The strategy working group (SWOG) of marble and granite industry has prepared its integrated strategy from quarrying to markets to fully exploit unlimited export potential of the value-added marble and granite products of Pakistan.
Published 23 Nov, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Nov, 2005 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Proceedings in the Senate on Tuesday were a tame affair. Of course, it started half an hour behind schedule but that matters a little now that keeping time is not a strong point of our recent parliamentary history.
Published 23 Nov, 2005 12:00am
Ittefaq assets case put off

Ittefaq assets case put off

A single bench of Lahore High Court has adjourned the hearing of Ittefaq Groups assets sales case for December 6. The court was earlier informed that appeals of the Meraj family and others were still pending with a division bench.
Published 23 Nov, 2005 12:00am
Reduction in defence expenditures proposed

Reduction in defence expenditures proposed

The opposition in the Senate on Tuesday proposed the government to reduce defence expenditures and halt construction of a new GHQ Complex being built at the foothills of Margalla to divert funds for the reconstruction and rehabilitation of earthquake-hit
Published 23 Nov, 2005 12:00am
UVAS signs MoU with Washington university

UVAS signs MoU with Washington university

University of Veterinary and Animal Sciences (UVAS) Lahore has signed a memorandum of understanding (MoU) with Washington State University for research collaboration.
Published 23 Nov, 2005 12:00am
India must respond with an open mind: foreign office

India must respond with an open mind: foreign office

Pakistan on Tuesday asked India to respond with an open mind to the ideas of demilitarisation and self-governance, to help find a solution of Kashmir dispute and for durable peace in the region.
Published 23 Nov, 2005 12:00am
MOL trainers team lauded

MOL trainers team lauded

Minister of State for Interior Dr Waseem Shahzad has appreciated the efforts of the MOL trainers team for the knowledge and skills they are imparting to two doctors and eight paramedics to improve their skills for decontamination and disaffection of build
Published 23 Nov, 2005 12:00am
Musharraf, Howard discuss ties

Musharraf, Howard discuss ties

President General Pervez Musharraf and Australian Prime Minister John Howard expressed unanimity of views on major international issues after a 45-minute meeting here on Tuesday. The Australian prime minister paid tributes to the Pakistani leader for his
Published 23 Nov, 2005 12:00am
Ban on birds' hunting sought

Ban on birds' hunting sought

A member of the Lahore High Court Bar Association (LHCBA) has approached the LHC with prayer to direct the respondent government to impose a ban on hunting of birds.
Published 23 Nov, 2005 12:00am
Attorney General office urged to pursue case in SHC

Attorney General office urged to pursue case in SHC

The Central Board of Revenue (CBR) has asked the Attorney General of Pakistan to pursue a service case at Sindh High Court (SHC), which is hindering promotion of nine Grade-20 income tax officers to Grade 21.
Published 23 Nov, 2005 12:00am
650,000 tons wheat imported

650,000 tons wheat imported

Traders are expected to import more wheat with deals totalling 200,000 tonnes expected for January/February shipment, traders and a government official said on Tuesday.
Published 23 Nov, 2005 12:00am
650,000 tons wheat imported

650,000 tons wheat imported

Traders are expected to import more wheat with deals totalling 200,000 tonnes expected for January/February shipment, traders and a government official said on Tuesday.
Published 23 Nov, 2005 12:00am
650,000 tons wheat imported

650,000 tons wheat imported

Traders are expected to import more wheat with deals totalling 200,000 tonnes expected for January/February shipment, traders and a government official said on Tuesday.
Published 23 Nov, 2005 12:00am
18 dead in Kirkuk bombing

18 dead in Kirkuk bombing

A suicide car bomb blast killed 18 people, including 10 policemen, and wounded 28 others in an attack in the northern Iraqi city of Kirkuk on Tuesday, police and doctors at Kirkuk's main hospital said.
Published 23 Nov, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (November 22, 2005).

Published 23 Nov, 2005 12:00am
18 dead in Kirkuk bombing

18 dead in Kirkuk bombing

A suicide car bomb blast killed 18 people, including 10 policemen, and wounded 28 others in an attack in the northern Iraqi city of Kirkuk on Tuesday, police and doctors at Kirkuk's main hospital said.
Published 23 Nov, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (November 22, 2005).

Published 23 Nov, 2005 12:00am