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Print - 2005-12-28
Opposition urged to back government on uplift schemes

Opposition urged to back government on uplift schemes

The Pakistan Muslim League USA has called upon the opposition parties in Pakistan to support the government in its projects for economic uplift and endeavours for national development.
Published 28 Dec, 2005 12:00am
Condolence meeting

Condolence meeting

Glowing tributes were paid to the founding member of Lahore Mental Health Association, Hamid Majeed at a condolence meeting held at Fountain House here on Tuesday. The meeting, which was chaired by Professor Dr Haroon Rashid Chaudhry, also offered Fateha
Published 28 Dec, 2005 12:00am
'Special Power Ordinance 2002 tool to suppress subordinates'

'Special Power Ordinance 2002 tool to suppress subordinates'

Terming the Special Power Ordinance 2002 a sword hanging on the heads of government employees, Wasa Workers Union Rawalpindi (WWUR) Secretary General Iftikhar Khan has said that it is a tool in the hands of high officials to suppress subordinates, particu
Published 28 Dec, 2005 12:00am
The Weather

The Weather

The weather report on Tuesday (December 27, 2005) and the forecast for Wednesday (December 28, 2005).

Published 28 Dec, 2005 12:00am
Defence cooperation with Spain discussed

Defence cooperation with Spain discussed

Pakistan and Spain have reiterated their mutual desire to further intensify bilateral co-operation in divergent fields particularly in the field of defence.
Published 28 Dec, 2005 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Tuesday (December 27, 2005).

Published 28 Dec, 2005 12:00am
Proposals on revision of Islamabad master plan submitted

Proposals on revision of Islamabad master plan submitted

A London-based consultant firm, Mott McDonald Pakistan (MMP), has submitted technical proposals to the Capital Development Authority for planned revision of Islamabad master plan, CDA sources said on Tuesday.
Published 28 Dec, 2005 12:00am
Child labour major cause of social evils

Child labour major cause of social evils

Domestic child labour is not only increasing poverty and backwardness but also breading social evils. This was the crux of presentation made by a social researcher here on Tuesday.
Published 28 Dec, 2005 12:00am
Supreme Court disposes of 850 tax appeals

Supreme Court disposes of 850 tax appeals

The special bench of Supreme Court of Pakistan has disposed of 850 cases pertaining to income tax, customs and sales tax. The Board-in-Council was informed on Tuesday that the pendency of appeals cases has been reduced at the highest judicial fora, as a l
Published 28 Dec, 2005 12:00am
ICRC allowed duty repayment on imported raw materials

ICRC allowed duty repayment on imported raw materials

The Central Board of Revenue (CBR) has allowed repayment of customs duty on the imported raw materials used in the manufacture of goods supplied against international tender by the International Committee of the Red Cross (ICRC) to the earthquake-hit area
Published 28 Dec, 2005 12:00am
ICRC allowed duty repayment on imported raw materials

ICRC allowed duty repayment on imported raw materials

The Central Board of Revenue (CBR) has allowed repayment of customs duty on the imported raw materials used in the manufacture of goods supplied against international tender by the International Committee of the Red Cross (ICRC) to the earthquake-hit area
Published 28 Dec, 2005 12:00am
Minfal proposes project for cheap fuel production

Minfal proposes project for cheap fuel production

The Ministry of Food, Agriculture and Livestock (Minfal) has proposed "Fuel-Ethanol Production and Marketing Project" for the production of cheap fuel from the molasses, a by-product of sugar, blending it with petrol.
Published 28 Dec, 2005 12:00am
Mobilink lucky draw winner announced

Mobilink lucky draw winner announced

Mobilink, Pakistan's leading cellular service provider and part of the Orascom Telecom group, in continuation to its "Roam the World" lucky draw announced another winner for the month of November.
Published 28 Dec, 2005 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The Senate on Tuesday concluded the debate on Balochistan, with both the government and the opposition sticking to their guns. What we have today in Balochistan is not a military operation, but mopping up of the miscreants, insisted Interior Minister Afta
Published 28 Dec, 2005 12:00am
Customs station at Khokrapar planned

Customs station at Khokrapar planned

The Central Board of Revenue (CBR) has decided to set up a customs station at Khokrapar on Pak-India border. Sources told Business Recorder on Tuesday, the CBR has finalised arrangements for establishing a border customs station at Khokrapar, which
Published 28 Dec, 2005 12:00am
Kasuri comes under fire in Senate

Kasuri comes under fire in Senate

Foreign Minister Khurshid Mehmood Kasuri on Tuesday came under fire in the Senate on the issue of the deportation of 87,963 Pakistanis on crime charges from 49 various countries in the last one year.
Published 28 Dec, 2005 12:00am
NTC public hearing now on January 16

NTC public hearing now on January 16

The National Tariff Commission (NTC) stated that the public hearing for review of tariff protection to indigenous industry manufacturing glass sheets which was to be held on Wednesday (December 28) would now be held on Monday (January 16).
Published 28 Dec, 2005 12:00am
San Jose University, SSUET sign LoI

San Jose University, SSUET sign LoI

San Jose State University in San Jose, California, USA, and Sir Syed University of Engineering and Technology (SSUET) Pakistan have signed the Letter of Intent (LoI) for establishing long-term mutually beneficial association.
Published 28 Dec, 2005 12:00am
Zilhij moon may be sighted on January 1

Zilhij moon may be sighted on January 1

There is a high probability of the 1426 Zilhij Crescent being sighted in Pakistan on the evening of Sunday January 01, 2006, as also in the Middle East, Africa, Asia and Europe, North and South America.
Published 28 Dec, 2005 12:00am
King Abdullah due in January

King Abdullah due in January

King Abdullah of Saudi Arabia is to make a tour of China, India and Pakistan in January, his first trip outside the region since taking office in August, diplomatic sources told AFP on Tuesday.
Published 28 Dec, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (December 27, 2005).

Published 28 Dec, 2005 12:00am
All set to hold Naib Nazims polls today

All set to hold Naib Nazims polls today

Kanwar Muhammad Dilshad, federal secretary, Election Commission of Pakistan, said on Tuesday that all arrangements had been finalised to hold the elections of Naib Nazims in Zila Councils as well as Tehsil/Taluka and Town Councils throughout the country o
Published 28 Dec, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (December 27, 2005).

Published 28 Dec, 2005 12:00am
Efforts to stamp out terrorism to continue: Prime Minister

Efforts to stamp out terrorism to continue: Prime Minister

Prime Minister Shaukat Aziz said on Tuesday Pakistan will continue its efforts to stamp out the scourge of terrorism in all its forms and manifestations. He was talking to Spanish defence minister Jose Bono, who called on him here at the Prime Minister ho
Published 28 Dec, 2005 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (December 27, 2005).

Published 28 Dec, 2005 12:00am
EPB to assess foreign missions' performance

EPB to assess foreign missions' performance

Export Promotion Bureau has launched a scheme for recognition of efforts made by the foreign missions in the field of trade promotion. A committee, headed by Minister for Commerce, would select the missions and decide the mode of recognition.
Published 28 Dec, 2005 12:00am
Tax officials told to study CBR notification

Tax officials told to study CBR notification

Additional Collector, Sales Tax, Karachi, Majid Yousafani, has stressed upon the officials of provincial Excise & Taxation Department to go through the notification of Central Board of Revenue (CBR) regarding vehicles registration, in detail.
Published 28 Dec, 2005 12:00am
Police mobiles: KCCI seeks traders' opinion

Police mobiles: KCCI seeks traders' opinion

Karachi Chamber of Commerce and Industry has offered to all the trade associations to show their willingness for running the police mobile vans in their areas.
Published 28 Dec, 2005 12:00am
Three gunned down in Balochistan

Three gunned down in Balochistan

Three people were gunned down along Quetta-Sibi section of the National Highway on Monday night. When contacted Bolan DCO Naseer Ahmad Rana told PPI by phone that three people boarding a jeep stopped a bus near Pinjra Pul Mach and Sibi along Quetta-Sibi s
Published 28 Dec, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (December 27, 2005).

Published 28 Dec, 2005 12:00am
Hike in gas price to hit textile industry: NKATI

Hike in gas price to hit textile industry: NKATI

Gas price hike of around 17 percent from January next by Sui Southern Gas Company (SSGC) would cause severe hardship to export-oriented and value-added textile industry operating in Sindh particularly small and medium industrial units of Karachi.
Published 28 Dec, 2005 12:00am
Traders urged to assist Bangladesh textile sector

Traders urged to assist Bangladesh textile sector

Advisor to the Prime Minister of Bangladesh, Sallahuddin Qadir Chaudhery, has advised Pakistan business community to resist anti-dumping duty imposed on Pakistani products.
Published 28 Dec, 2005 12:00am
Sindh Madressah Board elects office-bearers

Sindh Madressah Board elects office-bearers

Sindh Madressah Board in its meeting held on 17 December 2005 while conducting the other business elected following office-bearers for the year 2006, who are prominent figures of Sindh.
Published 28 Dec, 2005 12:00am
Businesswomen holding fair from today

Businesswomen holding fair from today

Pakistani Women Entrepreneurs are holding a national exhibition, 'WEXNET 2005' here from Wednesday (December 28) to Saturday (December 31). The Women Wing of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has organised the exhibition
Published 28 Dec, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yields on the BMA-PGBI increased and its value decreased by 0.04% to close at 100.4994. The yields to maturity by 1 basis point in the short tenors, by 1-5 basis points in the medium tenors and 1-2 basis points in the long tenors. The increases in yields
Published 28 Dec, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yields on the BMA-PGBI increased and its value decreased by 0.04% to close at 100.4994. The yields to maturity by 1 basis point in the short tenors, by 1-5 basis points in the medium tenors and 1-2 basis points in the long tenors. The increases in yields
Published 28 Dec, 2005 12:00am
Coordination stressed for development of Karachi

Coordination stressed for development of Karachi

Speakers at a seminar here have pointed out that lack of co-ordination among various land-owing agencies is a big impediment in carrying out the development process smoothly in Karachi.
Published 28 Dec, 2005 12:00am
BMA-PGBI Closing Bell

BMA-PGBI Closing Bell

Yields on the BMA-PGBI increased and its value decreased by 0.04% to close at 100.4994. The yields to maturity by 1 basis point in the short tenors, by 1-5 basis points in the medium tenors and 1-2 basis points in the long tenors. The increases in yields
Published 28 Dec, 2005 12:00am
Negotiations to be held with Uzbekistan today

Negotiations to be held with Uzbekistan today

The Joint Ministerial Commission (JMC) of Pakistan and Uzbekistan is meeting in Tashkent on Wednesday to negotiate transit transport framework agreement and take concrete steps to increase bilateral trade and cultural and scientific ties, official sources
Published 28 Dec, 2005 12:00am
Mass grave found in Indian Gujarat

Mass grave found in Indian Gujarat

Villagers claimed a mass grave had been uncovered for victims of religious riots in western India in 2002, an official said on Tuesday.
Published 28 Dec, 2005 12:00am
Mass grave found in Indian Gujarat

Mass grave found in Indian Gujarat

Villagers claimed a mass grave had been uncovered for victims of religious riots in western India in 2002, an official said on Tuesday.
Published 28 Dec, 2005 12:00am
Contraceptives industry to be set up with Chinese help

Contraceptives industry to be set up with Chinese help

The government plans to set up 'contraceptives production industry' in collaboration with China, which has rich experience in the field of population, reproductive and family health, official sources told Business Recorder.
Published 28 Dec, 2005 12:00am
Contraceptives industry to be set up with Chinese help

Contraceptives industry to be set up with Chinese help

The government plans to set up 'contraceptives production industry' in collaboration with China, which has rich experience in the field of population, reproductive and family health, official sources told Business Recorder.
Published 28 Dec, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Dec, 2005 12:00am
British media prevented from naming spy

British media prevented from naming spy

The British government issued an order on Tuesday forbidding the domestic media from revealing the identity of a British spy reported to have helped torture terrorist suspects held in Greece.
Published 28 Dec, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (December 27, 2005) and for Wednesday (December 28, 2005).
Published 28 Dec, 2005 12:00am
British media prevented from naming spy

British media prevented from naming spy

The British government issued an order on Tuesday forbidding the domestic media from revealing the identity of a British spy reported to have helped torture terrorist suspects held in Greece.
Published 28 Dec, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 27, 2005).

Published 28 Dec, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 27, 2005).

Published 28 Dec, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (December 27, 2005).

Published 28 Dec, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (December 27, 2005).

Published 28 Dec, 2005 12:00am
Chinese trade team due on December 31

Chinese trade team due on December 31

An 18-member Chinese business delegation from Yiwu city in Zheijiang province will visit Pakistan from Saturday (December 31). The delegation will be led by city's top official Lou Guo Hua and it will include Vice Mayor Zhu Wei Dong.
Published 28 Dec, 2005 12:00am
SCBA chief pledges to uphold independence of judiciary

SCBA chief pledges to uphold independence of judiciary

President Supreme Court Bar Association (SCBA) Malik Muhammad Qayyum has said that he will never compromise on supremacy of the constitution, rule of law and independence of the judiciary.
Published 28 Dec, 2005 12:00am
Punjab agrees with donors to broaden tax base

Punjab agrees with donors to broaden tax base

The Punjab government has agreed with donor agencies to 'broad tax base' in the province. Under second phase of Punjab Resource Management Programme, the tax structure and rates will be rationalised to increase annual provincial tax revenues by at least 1
Published 28 Dec, 2005 12:00am
Pak-Saudi industrial cooperation talks in January

Pak-Saudi industrial cooperation talks in January

Industrial collaboration between Pakistan and Saudi Arabia will be discussed during the visit of King Abdullah Bin Abdul Aziz Al Saud to Pakistan. The Saudi monarch is scheduled to visit Pakistan sometime next month as part of his tour of four Asian capit
Published 28 Dec, 2005 12:00am
ADB approves $350,000 technical assistance

ADB approves $350,000 technical assistance

The Asian Development Bank has approved the provision of technical assistance of $350,000 on a grant basis to Pakistan government for the national agriculture sector strategy to rationalise investments, and demonstrate how the proposed new initiatives wil
Published 28 Dec, 2005 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd. on Tuesday (December 27, 2005).

Published 28 Dec, 2005 12:00am