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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-12-16
PKTCL and Meezan Bank sign MoU

PKTCL and Meezan Bank sign MoU

The first MoU of Pak-Kuwait Takaful Company Limited (PKTCL) was signed on December 6, 2005 with Meezan Bank Limited. The signing of this MoU has ushered Pakistan into a new era of Islamic Insurance (Takaful).
Published 16 Dec, 2005 12:00am
Pakistani soldiers leave Sierra Leone

Pakistani soldiers leave Sierra Leone

Some 300 Pakistani soldiers, the last contingent of what was once the world's largest peacekeeping operation helping one of the poorest countries on earth recover from a decade of horrific civil war, on Thursday left Sierra Leone.
Published 16 Dec, 2005 12:00am
Prize distribution

Prize distribution

Punjab University vice-chancellor, Arshad Mahmood distributed cash prizes of Rs 110,000 among the students of College of Environmental Sciences for showing outstanding performance for cleaner environment.
Published 16 Dec, 2005 12:00am
Zindagi Trust opens two more schools

Zindagi Trust opens two more schools

Shehzad Roys' Zindagi Trust opened two more "I am paid to Learn schools" in Pakistan on Tuesday. With the opening of these schools, the Trust's school count across Pakistan went up to 27.
Published 16 Dec, 2005 12:00am
TMC to inaugurate first 3-S facility today

TMC to inaugurate first 3-S facility today

Transmission Motor Company would inaugurate first 3-S facility with the commencement of vehicle delivery to its customers from Friday, it was learnt here on Thursday. This vehicle named 'Alif' is an entry-level 200cc water-cooled four-stroke engine car. I
Published 16 Dec, 2005 12:00am
Kalabagh Dam against interest of Sindh: Arbab

Kalabagh Dam against interest of Sindh: Arbab

Sindh Chief Minister Dr Arbab Ghulam Rahim has said that the construction of Kalabagh Dam was against the interest of Sindh and he would oppose it tooth and nail.
Published 16 Dec, 2005 12:00am
PPP USA chief meets Clinton

PPP USA chief meets Clinton

President Pakistan Peoples Party New York, USA Sarwar Chaudhry met with the former US President Bill Clinton and Senator Hilary Clinton at a fund raising ceremony held at Hilton Hotel, New York, on Wednesday. Sarwar Chaudhry apprised the Clinton of presen
Published 16 Dec, 2005 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The petroleum products pricing policy has become increasingly indefensible for the government, as was evident on Thursday on the floor of the National Assembly. As opposition's Chaudhry Nisar Ali lambasted the 'fraud' in fixing the prices of petroleum pro
Published 16 Dec, 2005 12:00am
PPPP rejects President's Kalabagh Dam offer

PPPP rejects President's Kalabagh Dam offer

Pakistan Peoples' Party Parliamentarians (PPPP) on Thursday rejected President Musharraf's offer of constitutional guarantees to ensure smaller provinces' that their interests would not be undermined after construction of Kalabagh Dam.
Published 16 Dec, 2005 12:00am
Mountain crafts, products exhibition opens

Mountain crafts, products exhibition opens

A three-day mountain crafts and products exhibition, which began on Thursday, has displayed different samples of gemstones, handicrafts, indigenous products and herbs from Northern Areas and Chitral.
Published 16 Dec, 2005 12:00am
Scrutiny body to take up Pemra bill today

Scrutiny body to take up Pemra bill today

A mediation committee will meet on Friday to initiate scrutiny of a bill aimed at allowing newspapers' owners to establish radio or television channels.
Published 16 Dec, 2005 12:00am
Punjab teachers may go on strike from December 20

Punjab teachers may go on strike from December 20

United Teachers Front (UTF), and Punjab Teachers Union (PTU) have decided to go on strike from December 20 and if all demands were not fulfilled before January 30, lakhs of teachers of the province would march towards Punjab Assembly and hold sit in.
Published 16 Dec, 2005 12:00am
Supreme Court orders enforcement of ban on marriage feasts

Supreme Court orders enforcement of ban on marriage feasts

The Supreme Court on Thursday directed the federal and provincial governments to ensure implementation of its judgement passed last year for enforcement of prohibition of wasteful and exorbitant wedding feasts.
Published 16 Dec, 2005 12:00am
Finance Division team visits ISE

Finance Division team visits ISE

The officials of the Finance Division visited the Islamabad Stock Exchange (ISE) on Thursday to understand the concept of buying/selling of shares there. The delegation included participants of a training course on capital market arranged by the Finance D
Published 16 Dec, 2005 12:00am
Hamdard University symposium today

Hamdard University symposium today

Hamdard University Karachi is holding fifth Hamdard Symposium on Friday, December 16, from 3:30 pm to 5:30 pm at a local hotel. Sindh Chief Minister Dr Arbab Ghulam Rahim will be the chief guest.
Published 16 Dec, 2005 12:00am
Apsena to hold moot on December 27

Apsena to hold moot on December 27

The Pakistan Division of the Association of Pakistani Scientists and Engineers of North America (Apsena) will hold a day-long conference at a local hotel on December 27. The topic of the moot is "The emerging challenges: Planning for a brighter future."
Published 16 Dec, 2005 12:00am
Forest department for promotion of silk worm breeding

Forest department for promotion of silk worm breeding

Provincial Forest department has initiated a programme for breeding of 'silk worms' in Punjab and over two thousand acres of land was being utilised in Changa Manga area for the purpose.
Published 16 Dec, 2005 12:00am
Rawalpindi hospitals treat over 12,000 quake victims

Rawalpindi hospitals treat over 12,000 quake victims

The civil and military hospitals of Rawalpindi have received about 12,300 quake affected injured people who were provided medical facilities in these hospitals besides making sure the mental rehabilitation of these survivors of the devastating earthquake
Published 16 Dec, 2005 12:00am
ARI, measles may hit quake zones in winter

ARI, measles may hit quake zones in winter

Acute Respiratory Infections (ARI) are expected to be a major cause of morbidity and mortality in the earthquake zone in coming winter. According to WHO report released here, between November 5 and December 2, 2005, a total of 28,863 ARI cases with two re
Published 16 Dec, 2005 12:00am
FCCI concerned over worsening law & order

FCCI concerned over worsening law & order

Faisalabad Chamber of Commerce and Industry executive committee, in a meeting on Wednesday, expressed concern over the worsening law and order situation and urged police authorities to arrest criminals, who had deprived businessmen of Rs 3.5 million at gu
Published 16 Dec, 2005 12:00am
Change in set-up ruled out

Change in set-up ruled out

The Agriculture Minister Punjab, Mohammed Arshad Khan Lodhi ruling out the possibility of any change in present set up said that the assemblies would complete their constitutional term.
Published 16 Dec, 2005 12:00am
Thousands of survivors need winterised tents

Thousands of survivors need winterised tents

More than two months after the devastating earthquake that hit NWFP and Azad Kashmir, thousands of survivors still live in non-winterised shelters, as night-time temperatures drop below zero, even in low-lying areas.
Published 16 Dec, 2005 12:00am
Rs 1.20 billion road project on the cards

Rs 1.20 billion road project on the cards

District Nazim Sialkot Muhammad Akmal Cheema has said that the Sialkot-Gujranwala road would be converted into dual carriageway at an estimated cost of Rs1.20 billion and work on the project would be kicked off soon.
Published 16 Dec, 2005 12:00am
Chillies research institute at Kunri planned

Chillies research institute at Kunri planned

Sindh Agriculture Department will establish a Chillies Research Institute at Kunri, the largest chilli market, to develop new varieties, production and post harvesting technologies.
Published 16 Dec, 2005 12:00am
'Punjab allocates huge resources for agriculture uplift'

'Punjab allocates huge resources for agriculture uplift'

The Punjab government has allocated substantial financial resources for the uplift of agriculture sector and it is the utmost duty of agricultural scientists to make dynamic and viable projects in the best national interest to achieve maximum benefit from
Published 16 Dec, 2005 12:00am
Benazir to return before elections: PPP

Benazir to return before elections: PPP

Pakistan People's Party would welcome the construction of Kalabagh dam if it is constructed with the consensus on all the four provinces and government should put this issue in the Parliament for debate instead of dividing the nation into factions, said Q
Published 16 Dec, 2005 12:00am
The Weather

The Weather

The weather report on Thursday (December 15, 2005) and the forecast for Friday (December 16, 2005).
Published 16 Dec, 2005 12:00am
Public marathon on January 29

Public marathon on January 29

Chairman Task Force Lahore Marathon 2006 Ghouse Akbar has said that after an improved elite field, a strong technical team and expected participation of large public marathon to be held on January 29, 2006 will not only cause to promote the athletic spiri
Published 16 Dec, 2005 12:00am
New York cotton

New York cotton

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

Published 16 Dec, 2005 12:00am
LSE delists Network Leasing TFCs

LSE delists Network Leasing TFCs

The Lahore Stock Exchange (LSE) has approved the de-listing of Term Finance Certificates (TFCs) of Network Leasing Corporation Ltd, from the ready board quotation of the exchange with effect from 19th December, on their final redemption.
Published 16 Dec, 2005 12:00am
New York cotton

New York cotton

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

Published 16 Dec, 2005 12:00am
All set for bye-elections on December 17

All set for bye-elections on December 17

The Election Commission of Pakistan has finalised all arrangements for holding free, fair and transparent bye-elections for national and provincial assemblies seats on December 17 in five districts of the Punjab.
Published 16 Dec, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 15, 2005).

Published 16 Dec, 2005 12:00am
Bankers, others urged to prepare a package of 'model house'

Bankers, others urged to prepare a package of 'model house'

Federal Minister for Housing and Works Syed Safwanullah has said that house has become out of the reach of the poor and low-income group, therefore, bankers, engineers, developers and builders must prepare a package of 'model house' affordable to the peop
Published 16 Dec, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 15, 2005).

Published 16 Dec, 2005 12:00am
New labour inspection policy in the offing

New labour inspection policy in the offing

Federal Secretary for Labour, Manpower and Overseas Pakistanis, Malik Asif Hayyat has said that rights of employee and employer would be given equal protection in the new 'Labour Inspection Policy' being devised at the federal level.
Published 16 Dec, 2005 12:00am
Key stock market movements at 1700 GMT on December 15

Key stock market movements at 1700 GMT on December 15

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 16 Dec, 2005 12:00am
PHMA seeks level playing field

PHMA seeks level playing field

Pakistan Hosiery Manufacturers Association (PHMA) has made an appeal to the government to take necessary steps for providing level playing field to Pakistani hosiery industry against its competitors, like India and Bangladesh, as it would enable the indus
Published 16 Dec, 2005 12:00am
Hina Khar meets Pervaiz

Hina Khar meets Pervaiz

Minister of State for Economic Affairs Hina Rabbani Khar called on Punjab Chief Minister Chaudhry Pervaiz Elahi at Chief Minister's Secretariat on Thursday.
Published 16 Dec, 2005 12:00am
MMA asked to allow Durrani to attend NSC meeting

MMA asked to allow Durrani to attend NSC meeting

The differences in the ranks of Muttahida Majlis-i-Amal (MMA) have appeared quite visible and particularly among its top leaders Qazi Hussain Ahmed, Amir of Jamaat Islami, and Maulana Fazlur Rehman, head of the Jamiat Ulema-i-Islam.
Published 16 Dec, 2005 12:00am
Lawyer arrested in fraud case

Lawyer arrested in fraud case

Police has arrested one Muhammad Ashiq advocate in a fraud case outside the court room, as Supreme Court of Pakistan cancelled his bail.
Published 16 Dec, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 15, 2005).

Published 16 Dec, 2005 12:00am
'All About Lifestyles Winter 2005' opens today

'All About Lifestyles Winter 2005' opens today

This year the exhibition "All About Lifestyles Winter 2005" opens on Friday to Sunday (December 16 to 17) at Expo Centre Karachi with free of charge entry, says a press release issued here.
Published 16 Dec, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (December 15, 2005) and Friday (December 16, 2005).
Published 16 Dec, 2005 12:00am
SAI holds seminar on returns e-filing

SAI holds seminar on returns e-filing

The Site Association of Industry (SAI) organised a seminar to understand the procedure and working of e-filing of monthly returns of sales tax and federal excise, launched by the Central Board of Revenue (CBR), at its office here on Wednesday.
Published 16 Dec, 2005 12:00am
Package for cotton growers formulated: minister

Package for cotton growers formulated: minister

The government has prepared a package of incentives for the cotton growers and ginning factories for quality cotton production and standard ginning under its drive to check cotton contamination.
Published 16 Dec, 2005 12:00am
Lawyers boycott court proceedings

Lawyers boycott court proceedings

Lawyers on Thursday boycotted the proceedings of all district courts in Karachi in protest against manhandling incident of a lawyer allegedly by personnel of National Logistics Cell (NLC).
Published 16 Dec, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 15, 2005).

Published 16 Dec, 2005 12:00am
Pak-Korea S&T University in NWFP planned

Pak-Korea S&T University in NWFP planned

Professor Dr Atta-ur-Rahman, Advisor to the Prime Minister for Science and Technology and Chairman Higher Education Commission (HEC) has said that the HEC has planned to establish Pak-Korea University of Science and Technology in Pakistan preferably in NW
Published 16 Dec, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 15, 2005).

Published 16 Dec, 2005 12:00am
PAC takes up bungling in forest sector

PAC takes up bungling in forest sector

The sub-committee of the Public Accounts Committee on Environment Department held discussion on misappropriation of funds in the forest sector at the Assembly Secretariat Conference Room, here on Wednesday.
Published 16 Dec, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 15, 2005).

Published 16 Dec, 2005 12:00am
Schools, colleges to remain closed today

Schools, colleges to remain closed today

City Nazim Karachi Mustafa Kamal has declared Friday, December 16, as holiday in all the public and private educational institutes, including schools and colleges, within the City District Government Karachi (CDGK) after Pakistan beat England in the third
Published 16 Dec, 2005 12:00am
Labour conference on December 28

Labour conference on December 28

As many as 11 different organisations of labours, women, youth and social workers have announced a protest drive against privatisation and confirmed their participation in the 'Anti-WTO and Privatisation Conference' scheduled to be held at the Karachi Pre
Published 16 Dec, 2005 12:00am
Joint efforts urged to ensure clean environment

Joint efforts urged to ensure clean environment

NWFP Chief Secretary Ejaz Ahmed Qureshi urged the need for joint efforts to combat the issue of solid pollutants to ensure clean environment for future generations.
Published 16 Dec, 2005 12:00am
THE RUPEE: dollar gains continue in interbank

THE RUPEE: dollar gains continue in interbank

Downward trend continued in interbank market on Thursday as the rupee lost two paisa for buying at 59.87 and slid three paisa for selling at 59.89, dealers said.
Published 16 Dec, 2005 12:00am
PA body decries slow pace of work on Malakand roads

PA body decries slow pace of work on Malakand roads

The members of provincial assembly (PA) Standing Committee on Planning and Development Department expressed dissatisfaction over the progress of Malakand Rural Development Project (MRDP) and Frontier Highway Authority (FHA) in the construction of roads in
Published 16 Dec, 2005 12:00am
THE RUPEE: dollar gains continue in interbank

THE RUPEE: dollar gains continue in interbank

Downward trend continued in interbank market on Thursday as the rupee lost two paisa for buying at 59.87 and slid three paisa for selling at 59.89, dealers said.
Published 16 Dec, 2005 12:00am
Opposition parties agree to launch nation-wide movement: Qazi

Opposition parties agree to launch nation-wide movement: Qazi

Muttahida Majlis-i-Amal President Qazi Hussain Ahmed has said that all the opposition parties have agreed to launch countrywide movement for restoration of Constitution, independence of judiciary and taking out the country and nation from crisis.
Published 16 Dec, 2005 12:00am
Incentives equal to industrial workers for miners announced

Incentives equal to industrial workers for miners announced

The NWFP government on Thursday announced incentives equal to industrial workers for miners in the province and adjoining tribal areas. Speaking at a press conference here, the NWFP Minister for Industries Malik Zafar Azam said now the miners would also g
Published 16 Dec, 2005 12:00am
Unauthorised buildings to be demolished

Unauthorised buildings to be demolished

Government has expressed resolve to abolish the buildings constructed without prior approval from building department of the Tehsil Municipality and a deadline of January 1, was given to owners of such buildings.
Published 16 Dec, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (December 15, 2005).

Published 16 Dec, 2005 12:00am
Tripartite Commission holds meeting in Kabul

Tripartite Commission holds meeting in Kabul

The Tripartite Commission, comprising senior military and diplomatic representatives from Afghanistan, Pakistan and coalition forces in Afghanistan, held its 14th meeting in Kabul on Thursday.
Published 16 Dec, 2005 12:00am
Dateline for minibuses colour scheme extended

Dateline for minibuses colour scheme extended

Sindh Minister for Transport Muhammad Adil Siddiqui on Thursday extended the deadline given to the owners of minibuses for uniform colour scheme for another month.
Published 16 Dec, 2005 12:00am
President confers awards on Nepalese General, Pakistan's CNS

President confers awards on Nepalese General, Pakistan's CNS

A special investiture ceremony was held here on Thursday in which President General Pervez Musharraf conferred awards of Nishan-i-Imtiaz (Military) on Chief of the Army Staff of Royal Nepalese Army General Pyar Jung Thapa, and Chief of Naval Staff Admiral
Published 16 Dec, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 16 Dec, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 16 Dec, 2005 12:00am
Iranian minister meets Musharraf

Iranian minister meets Musharraf

Iranian Foreign Minister Manouchehr Mottaki on Thursday called on President General Pervez Musharraf and discussed enhancing bilateral economic co-operation and other issues of common interests.
Published 16 Dec, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 16 Dec, 2005 12:00am
Consensus on uplift package for LDCs being evolved

Consensus on uplift package for LDCs being evolved

The Consultative Group (Green Room) which missed the European Union and Switzerland last Wednesday night in talks held its second round on Thursday night aimed at reaching consensus on a development package for the least developed countries (LDCs).
Published 16 Dec, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (December 15, 2005).

Published 16 Dec, 2005 12:00am
30,000 children smuggled to UAE annually

30,000 children smuggled to UAE annually

State Minister for Overseas Pakistanis, Senator Tariq Azeem has said that 30,000 children are being smuggled annually into UAE to serve as camel jockeys, out of which 60 to 70 percent are from Pakistan.
Published 16 Dec, 2005 12:00am
100 percent literacy by 2015, says minister

100 percent literacy by 2015, says minister

Minister of State for Information and Broadcasting Anisa Zeb Tahirkheli said on Thursday the government was committed to achieve 100 per cent literacy rate by the year 2015.
Published 16 Dec, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 16 Dec, 2005 12:00am
Rashid announces Rs 50 million for Liaquat Bagh renovation

Rashid announces Rs 50 million for Liaquat Bagh renovation

Federal Minister for Information and Broadcasting Sheikh Rashid Ahmed has announced Rs 50 million for renovation project of historical Liaquat Bagh and directed managing director Rawalpindi Development Authority (RDA) to make sure the immediate completion
Published 16 Dec, 2005 12:00am
Humiliation continues to haunt treasury benches

Humiliation continues to haunt treasury benches

As ever before in the recent past, humiliation continued to haunt the government in the National Assembly on Thursday with some dramatic full-fledged and partial opposition walkouts hindering the proceedings.
Published 16 Dec, 2005 12:00am
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