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Print - 2006-03-13
TCP tender helps soften cotton prices

TCP tender helps soften cotton prices

Nearly passive trading in NYCE and TCP entry into local cotton market both had combined negative effect leading to frequent fall in spot rate and in ready off take plus pleasant buying support. The spot rate closed down at Rs 2475 from beginning the week'
Published 13 Mar, 2006 12:00am
Stock market remains volatile

Stock market remains volatile

Stock market remained volatile last week out of five sessions three were negative and two were positive.
Published 13 Mar, 2006 12:00am
Stock market remains volatile

Stock market remains volatile

Stock market remained volatile last week out of five sessions three were negative and two were positive.
Published 13 Mar, 2006 12:00am
Fazl offers help for peace in Waziristan

Fazl offers help for peace in Waziristan

The Leader of the Opposition Maulana Fazlur Rehman on Sunday reiterated his offer to cooperate with the government for peace in Waziristan. Talking to reporters in his parliament chamber he said the Ulema along with the political agent and member National
Published 13 Mar, 2006 12:00am
Fazl offers help for peace in Waziristan

Fazl offers help for peace in Waziristan

The Leader of the Opposition Maulana Fazlur Rehman on Sunday reiterated his offer to cooperate with the government for peace in Waziristan. Talking to reporters in his parliament chamber he said the Ulema along with the political agent and member National
Published 13 Mar, 2006 12:00am
KESC not empowered to raise tariff

KESC not empowered to raise tariff

KESC has not increased electricity tariff of its industrial, commercial, residential and agricultural customers since June 2004, as it has no authority to raise the tariff, said KESC spokesman in a press release here on Sunday.
Published 13 Mar, 2006 12:00am
KESC not empowered to raise tariff

KESC not empowered to raise tariff

KESC has not increased electricity tariff of its industrial, commercial, residential and agricultural customers since June 2004, as it has no authority to raise the tariff, said KESC spokesman in a press release here on Sunday.
Published 13 Mar, 2006 12:00am
KESC not empowered to raise tariff

KESC not empowered to raise tariff

KESC has not increased electricity tariff of its industrial, commercial, residential and agricultural customers since June 2004, as it has no authority to raise the tariff, said KESC spokesman in a press release here on Sunday.
Published 13 Mar, 2006 12:00am
Etisalat allowed to link payment with properties transfer

Etisalat allowed to link payment with properties transfer

The government has allowed Etisalat International Pakistan (EIP) of UAE, buyer of PTCL, to link full payment with transfer of properties and payment of government's share for a 'Voluntary Separation Scheme' (VSS) for nearly 15,000 employees of different g
Published 13 Mar, 2006 12:00am
Etisalat allowed to link payment with properties transfer

Etisalat allowed to link payment with properties transfer

The government has allowed Etisalat International Pakistan (EIP) of UAE, buyer of PTCL, to link full payment with transfer of properties and payment of government's share for a 'Voluntary Separation Scheme' (VSS) for nearly 15,000 employees of different g
Published 13 Mar, 2006 12:00am
Etisalat allowed to link payment with properties transfer

Etisalat allowed to link payment with properties transfer

The government has allowed Etisalat International Pakistan (EIP) of UAE, buyer of PTCL, to link full payment with transfer of properties and payment of government''s share for a ''Voluntary Separation Scheme'' (VSS) for nearly 15,000 employees of differen
Published 13 Mar, 2006 12:00am
LSE equities suffer heavy blows

LSE equities suffer heavy blows

Last week was very expensive for the stock brokers and investors, who suffered heavily because of panic selling, caused by overbought situation of the market, although big players blamed a news report regarding the collection of share data of the bourses
Published 13 Mar, 2006 12:00am
LSE equities suffer heavy blows

LSE equities suffer heavy blows

Last week was very expensive for the stock brokers and investors, who suffered heavily because of panic selling, caused by overbought situation of the market, although big players blamed a news report regarding the collection of share data of the bourses
Published 13 Mar, 2006 12:00am
Qantas forgoes savings to keep maintenance at home

Qantas forgoes savings to keep maintenance at home

Qantas Airways Ltd said it would forgo between A$20 million and A$30 million ($15- $22 million) in annual profits by its decision to keep wide-body jet maintenance operations in Australia rather than take it offshore.
Published 13 Mar, 2006 12:00am
EU set to call on Germany to fix deficit hole by 2007

EU set to call on Germany to fix deficit hole by 2007

European Union finance ministers are to call on Germany to bring its public deficit to within EU norms by 2007 when they meet in Brussels on Tuesday, according to an official with the EU's Austrian presidency.
Published 13 Mar, 2006 12:00am
WAMJ to move European court against Denmark

WAMJ to move European court against Denmark

The World Association of Muslim Jurists (WAMJ) has decided to move the European Court of Human Rights against the state of Denmark for publishing blasphemous cartoons of the Holy Prophet (Peace and Blessings of Allah Be Upon Him).
Published 13 Mar, 2006 12:00am
WAMJ to move European court against Denmark

WAMJ to move European court against Denmark

The World Association of Muslim Jurists (WAMJ) has decided to move the European Court of Human Rights against the state of Denmark for publishing blasphemous cartoons of the Holy Prophet (Peace and Blessings of Allah Be Upon Him).
Published 13 Mar, 2006 12:00am
Musharraf invited to attend SCO summit

Musharraf invited to attend SCO summit

Chinese President Hu Jintao has sent a formal letter to President Pervez Musharraf inviting him to attend the sixth summit of the Shanghai Co-operation Organisation (SCO).
Published 13 Mar, 2006 12:00am
Musharraf invited to attend SCO summit

Musharraf invited to attend SCO summit

Chinese President Hu Jintao has sent a formal letter to President Pervez Musharraf inviting him to attend the sixth summit of the Shanghai Co-operation Organisation (SCO).
Published 13 Mar, 2006 12:00am
Benazir and Nawaz to meet in London in two months: Dar

Benazir and Nawaz to meet in London in two months: Dar

Benazir Bhutto will meet Nawaz Sharif in London, sources said here. "Benazir and Nawaz will meet in London in a couple of months to chalk out future strategy for co-operation between their political parties for restoration of democracy in Pakistan, and pr
Published 13 Mar, 2006 12:00am
Benazir and Nawaz to meet in London in two months: Dar

Benazir and Nawaz to meet in London in two months: Dar

Benazir Bhutto will meet Nawaz Sharif in London, sources said here. "Benazir and Nawaz will meet in London in a couple of months to chalk out future strategy for co-operation between their political parties for restoration of democracy in Pakistan, and pr
Published 13 Mar, 2006 12:00am
'No threat of bird flu in Hyderabad

'No threat of bird flu in Hyderabad

The Poultry Development Department, Hyderabad, has informed that the cause of the death of chickens in some poultry farms of the district was the result of New Castle and Infectious Bursal viral diseases.
Published 13 Mar, 2006 12:00am
Altaf urges Kashmiris to unite

Altaf urges Kashmiris to unite

The Muttahida Qaumi Movement (MQM) alone can pull the country out of the present morass, MQM founder leader Altaf Hussain said while addressing a workers meeting in Muzaffarabad on Sunday.
Published 13 Mar, 2006 12:00am
Science fair in Hyderabad

Science fair in Hyderabad

The science fair being organised annually by the Board of Intermediate and Secondary Education Hyderabad in collaboration with district officer education colleges Hyderabad district.
Published 13 Mar, 2006 12:00am
Soomro's conduct prompts opposition to stage walkout

Soomro's conduct prompts opposition to stage walkout

The combined opposition in Senate on Sunday staged a walkout from the house against the attitude of newly elected Senate Chairman Muhammadmian Soomro. They staged a walkout from the house after completion of the election process of Senate chairman and dep
Published 13 Mar, 2006 12:00am
Etihad Airways to start three more flights today

Etihad Airways to start three more flights today

The UAE based Etihad Airways is starting its Islamabad, Lahore and Peshawar flights from Monday. Airline sources told Business Recorder that the inaugural Islamabad-Abu Dhabi flight No EY 234 would leave Islamabad at 4.15 am, Peshawar-Abu Dhabi fli
Published 13 Mar, 2006 12:00am
Prime Minister condoles

Prime Minister condoles

Prime Minister Shaukat Aziz on Sunday night visited the residence of the Chief Minister Punjab, Chaudhry Pervaiz Elahi to condole the death of his mother who passed away here today.
Published 13 Mar, 2006 12:00am
People's Democratic Movement launched for joint struggle

People's Democratic Movement launched for joint struggle

Six left-wing parties and groups have formed an alliance to wage struggle from a joint platform for the 'socio-economic and democratic rights of people, provincial autonomy and to get rid of present rulers.'
Published 13 Mar, 2006 12:00am
Government's SME policy not yet finalised

Government's SME policy not yet finalised

"The government's SME policy is long awaited, which is still not yet finalised and duly announced". This was stated by Abdul Majeed Memon, Senior Vice President, Karachi Chamber of Commerce and Industry, during a meeting with Shahab Khawaja, CEO, Small an
Published 13 Mar, 2006 12:00am
Ibad calls for continuity of uplift process

Ibad calls for continuity of uplift process

Sindh Governor Dr Ishratul Ibad Khan has called for continuity of ongoing development process in Sindh. He said that funds to provincial and city governments and contractors should be released stage-wise in four instalments, which would not only control f
Published 13 Mar, 2006 12:00am
Parents and teachers urged to repose confidence in youths

Parents and teachers urged to repose confidence in youths

The University of Sindh Vice Chancellor Mazharul Haq Siddiqui has called upon the parents and teachers to repose confidence among the youth to play their role for the development of nation in future.
Published 13 Mar, 2006 12:00am
Cartoons issue raised at world fora: Shaukat

Cartoons issue raised at world fora: Shaukat

Prime Minister Shaukat Aziz has said that publication of blasphemous caricatures by some European newspapers has hurt the feelings of Muslims all over the world and Pakistan has raised this issue at various international fora to ensure that such incidents
Published 13 Mar, 2006 12:00am
Soomro condoles with Pervaiz

Soomro condoles with Pervaiz

Chairman Senate, Mohammedmian Soomro has expressed his deep sense of shock and grief over the sad demise of the mother of Chaudhry Pervaiz Elahi, Chief Minister Punjab.
Published 13 Mar, 2006 12:00am
'NWFP taking steps to combat environmental degradation'

'NWFP taking steps to combat environmental degradation'

The government of NWFP is taking all-out measures for combating environmental degradation in the province and it has started allocating developmental budget for protection and promotion of the environment for the first time in the province.
Published 13 Mar, 2006 12:00am
PML candidates for Northern Areas legislative council

PML candidates for Northern Areas legislative council

In the light of recommendations of the Parliamentary Board constituted to finalise the list of candidates for the technocrat and women's seats for the Northern Areas Legislative Council, the President of the Pakistan Muslim League, Chaudhry Shujaat Hussai
Published 13 Mar, 2006 12:00am
NHA portfolio suffers from poorly justified investments: World Bank

NHA portfolio suffers from poorly justified investments: World Bank

The World Bank has said that due to National Highway Authority's (NHA) poor project prioritisation and financing, neglected roads maintenance and bad institutional capacity and efficiency, very limited economic benefits reached to the people.
Published 13 Mar, 2006 12:00am
Preston University, Turkish EMU sign pact

Preston University, Turkish EMU sign pact

Preston University and the Eastern Mediterranean University, Turkish Republic of Northern Cyprus (TRNC), signed an agreement to offer four-year joint degree programmes in TRNC and Pakistan.
Published 13 Mar, 2006 12:00am
Digital divide is knowledge divide in today's world: Atta

Digital divide is knowledge divide in today's world: Atta

In today's world the digital divide is the knowledge divide,' this was stated by Professor Dr Atta-ur-Rahman, Federal Minister, Chairman Higher Education Commission (HEC) and Adviser to the Prime Minister on Science and Technology while addressing to the
Published 13 Mar, 2006 12:00am
FCCI chief for comprehensive strategy to explore new markets

FCCI chief for comprehensive strategy to explore new markets

The Faisalabad Chamber of Commerce and Industry has demanded that a comprehensive strategy should be adopted to explore new markets for the export of various traditional items for permanent export earnings.
Published 13 Mar, 2006 12:00am
Khalida Altaf joins PML

Khalida Altaf joins PML

Khalida Altaf, PML-N Women Wing Multan joint secretary, has joined the ruling PML. In her statement, she said that she had decided to join the ruling party as she was deeply impressed by the efforts being made by Begum Farrukh Mukhtar-ex MNA for the welfa
Published 13 Mar, 2006 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 13 Mar, 2006 12:00am
INTERNATIONAL TENDERS

INTERNATIONAL TENDERS

Export Promotion Bureau has received the following International Tenders from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details of Tenders from the addresses given or from EPB Head Quarters and its Region
Published 13 Mar, 2006 12:00am
700 held for flouting ban on kite-flying

700 held for flouting ban on kite-flying

Despite a complete ban on kite-flying in the provincial capital, there were a number of areas in Lahore particularly inner city, Gawalmandi, Johar Town, Defence where kite-flying was witnessed during Basant Day and night.
Published 13 Mar, 2006 12:00am
ICAP forms liaison committee

ICAP forms liaison committee

The Institute of Chartered Accountants of Pakistan (ICAP) has decided to form a committee on public sector accounting, which would increase liaison with different government departments at federal and provincial level.
Published 13 Mar, 2006 12:00am
Over half million books for students

Over half million books for students

District Officer (Monitoring), Mukhtar Ahmad has said that over half-a-million books would be distributed free-of-cost among the students of class one to ten in two phases in Vehari district.
Published 13 Mar, 2006 12:00am
Australia shares likely to remain rangebound

Australia shares likely to remain rangebound

The Australian share market is likely to remain rangebound in the week ahead, with foreign leads likely to provide the most significant influence, dealers said Friday.
Published 13 Mar, 2006 12:00am
No direction for Manila stocks in coming week

No direction for Manila stocks in coming week

Philippine share prices are expected to consolidate at current levels in the coming week amid a lack of fresh leads and signs of waning interest from abroad, analysts said Friday.
Published 13 Mar, 2006 12:00am
Taiwan shares may extend losses this week

Taiwan shares may extend losses this week

Taiwan share prices are expected to extend their losses next week as foreign interest in the electronic sector is fading in the current slow season for the market bellwether, dealers said Friday.
Published 13 Mar, 2006 12:00am
Indian shares seen rangebound

Indian shares seen rangebound

Indian shares are seen rangebound next week after a volatile week of trading with dealers expecting overseas fund flows to slow. The markets saw fresh buying towards the end of the week from overseas funds in software, automobile and infrastructure stocks
Published 13 Mar, 2006 12:00am
Asian currencies lower against dollar

Asian currencies lower against dollar

Asian currencies ended the week lower against the dollar on expectations of further US rate rises with the latest US jobs data expected to provide support for the greenback.
Published 13 Mar, 2006 12:00am
Singapore shares expected to firm up this week

Singapore shares expected to firm up this week

Singapore shares are expected to trade higher next week due to interest in China-linked stocks as well as in property and technology counters, dealers said.
Published 13 Mar, 2006 12:00am
Treasury bond yields, rates to keep US stocks on edge

Treasury bond yields, rates to keep US stocks on edge

US stock investors will keep a close eye on Treasury bond yields and economic reports this week as the market considers whether interest-rate hikes will go further - and last longer - than originally thought.
Published 13 Mar, 2006 12:00am
Indonesian shares seen under pressure

Indonesian shares seen under pressure

Indonesian share prices, which slipped 1.1 percent this week, are expected to fall in the coming week in the absence of goods news to lift sentiment, an analyst said.
Published 13 Mar, 2006 12:00am
Tokyo stocks set for fresh gains after BoJ policy change

Tokyo stocks set for fresh gains after BoJ policy change

Japanese share prices are set to rack up fresh gains next week after an end to the central bank's ultra-stimulative monetary policy swept away uncertainty dogging the market, analysts said on Friday.
Published 13 Mar, 2006 12:00am
Bangladesh interbank rates

Bangladesh interbank rates

Bangladesh Interbank buy/sell rates for the taka against the dollar on Sunday. 69.05/71.60 (previous 68.18/71.60) Call Money Rates: 10.00-25.00 percent (previous 10.00-25.00 percent).
Published 13 Mar, 2006 12:00am
Malaysian shares expected to be steady

Malaysian shares expected to be steady

Malaysian share prices are expected to hold steady in the week ahead but see volatile trading as the market settles down in the wake of fuel price increases, dealers said Friday.
Published 13 Mar, 2006 12:00am
London investors look to cement 5,900 points

London investors look to cement 5,900 points

Britain's stock market will look to stay above 5,900 points this week after closing above the key level on Friday for the first time in almost five years.
Published 13 Mar, 2006 12:00am
Eight suspects held over Indian temple blasts released

Eight suspects held over Indian temple blasts released

Indian investigators have released eight people detained on suspicion of being involved in triple bombings that killed 23 people in Varanasi, Hinduism's holiest city, police said Sunday.
Published 13 Mar, 2006 12:00am
India hopeful of resolving border row with China

India hopeful of resolving border row with China

India is optimistic about settling a decades-old border dispute with China, a top official said Sunday as the two sides held talks on the issue for a second day.
Published 13 Mar, 2006 12:00am
'Milosevic wrote of poison threat'

'Milosevic wrote of poison threat'

Slobodan Milosevic claimed a day before his death that he risked being poisoned, his legal advisor said Sunday, fuelling swirling rumours over the demise of the former Yugoslav leader while on trial for war crimes.
Published 13 Mar, 2006 12:00am
Japanese city rejects plan for more US Marines

Japanese city rejects plan for more US Marines

Voters in a Japanese city overwhelmingly rejected a plan on Sunday to bring more planes and troops to a nearby US Marine base, complicating talks on relocating US forces throughout Japan.
Published 13 Mar, 2006 12:00am
Defiant Iran threatens to quit nuclear treaty

Defiant Iran threatens to quit nuclear treaty

Iran on Sunday threatened to walk out of an international atomic treaty, as it continued to insist on its right to conduct sensitive nuclear activities ahead of a key meeting of the UN Security Council.
Published 13 Mar, 2006 12:00am
AU tables new, improved ceasefire plan for Darfur

AU tables new, improved ceasefire plan for Darfur

Mediators in peace talks on Sudan's Darfur region on Sunday presented the warring parties with a detailed cease-fire proposal designed to work better than an existing, often violated agreement.
Published 13 Mar, 2006 12:00am
Bangladeshi police, opposition clash, 50 hurt

Bangladeshi police, opposition clash, 50 hurt

At least 50 people were injured in the Bangladeshi capital on Sunday in clashes between police and opposition activists during a demonstration for electoral reforms, police and witnesses said.
Published 13 Mar, 2006 12:00am
US says looking at alternatives to Guantanamo

US says looking at alternatives to Guantanamo

The United States is seeking ways to repatriate terrorism suspects held in Guantanamo Bay, a move that could eventually lead to the closure of the detention camp, a senior US official said on Sunday.
Published 13 Mar, 2006 12:00am
Blair faces key test of his authority in vote

Blair faces key test of his authority in vote

British Prime Minister Tony Blair faces a parliamentary vote this week that will be a major test of the authority he commands in his final term as leader.
Published 13 Mar, 2006 12:00am
Saddam prosecutor wants guilty hanged promptly

Saddam prosecutor wants guilty hanged promptly

Three low-level members of Iraq's former ruling party, on trial with Saddam Hussein, Sunday denied involvement in a Shiite massacre, while the chief prosecutor called for any defendants found guilty to be promptly hanged.
Published 13 Mar, 2006 12:00am
Likud and Hamas square off over future relations

Likud and Hamas square off over future relations

Likud, the right-wing party trailing ahead of a March 28 Israeli election, rejected Sunday any Palestinian state led by Hamas, as the radical Islamic group continued its refusal to renounce violence.
Published 13 Mar, 2006 12:00am
Basant under police 'patronage' opposed

Basant under police 'patronage' opposed

Religious and political circles have deplored the celebrations of Basant with police connivance in the Punjab metropolis. Despite the government ban on kite-flying, Basant was celebrated and the police could not stop the kite-flyers even the
Published 13 Mar, 2006 12:00am
TCP tender helps soften cotton prices

TCP tender helps soften cotton prices

Nearly passive trading in NYCE and TCP entry into local cotton market both had combined negative effect leading to frequent fall in spot rate and in ready off take plus pleasant buying support. The spot rate closed down at Rs 2475 from beginning the week'
Published 13 Mar, 2006 12:00am
APS exhibition lauded

APS exhibition lauded

The City District Government Hyderabad (CDGH) Nazim Kanwar Naveed Jamil has lauded the efforts of the management and students of Army Public School Sindh Regimental Centre Latifabad for holding annual science and arts exhibition 2006. He said such exhibit
Published 13 Mar, 2006 12:00am
SEPZ to be declared a model zone

SEPZ to be declared a model zone

The Federal government has decided to declare Sialkot Export Processing Zone (SEPZ) as model of the country and its formal announcement is expected shortly.
Published 13 Mar, 2006 12:00am
MHCBA polls: final list of candidates issued

MHCBA polls: final list of candidates issued

The Multan High Court Bar Association (MHCBA) election committee has released the final list of candidates who have filed their nomination papers for different offices for election year 2006-2007.
Published 13 Mar, 2006 12:00am
ANALYSIS: TCP sale tender aggravates weak cotton prices

ANALYSIS: TCP sale tender aggravates weak cotton prices

Now, all the estimations about size of our cotton crop (2005-2006) have now finally converged around 12.4 / 12.5 million local bales ex-gin while on the basis of ex-farm our production is placed at 13.0 million bales.
Published 13 Mar, 2006 12:00am
ANALYSIS: TCP sale tender aggravates weak cotton prices

ANALYSIS: TCP sale tender aggravates weak cotton prices

Now, all the estimations about size of our cotton crop (2005-2006) have now finally converged around 12.4 / 12.5 million local bales ex-gin while on the basis of ex-farm our production is placed at 13.0 million bales.
Published 13 Mar, 2006 12:00am
Gains seen matching losses

Gains seen matching losses

Gains and losses matched on the commodity wholesale markets during the week ended on March 11, 2006, where changes were seen in Irri rice, cotton cakes, wheat, dyes, masoor Australia, guwar, jute etc.
Published 13 Mar, 2006 12:00am
Apology from Danish editor not sufficient: JUI

Apology from Danish editor not sufficient: JUI

OIC should make the incident of publication of blasphemous drawings a permanent issue and protest should not be stopped unless European Union legislates against blasphemy and United Nations makes it a part of its chapters however this issue should not be
Published 13 Mar, 2006 12:00am
Meeting briefed on local Hepatitis-B diagnostic kit

Meeting briefed on local Hepatitis-B diagnostic kit

Binasia-Pakistan National Workshop on Biotechnology here on Sunday was apprised about the locally developed Hepatitis-B diagnostic kit, which is available at one-third of the cost of the imported kit.
Published 13 Mar, 2006 12:00am
Protest against cartoons held

Protest against cartoons held

A demonstration was staged at Chowk Manzoor on Sunday jointly by Markazi Jamiat Ahle-Hadith (MJAH), Muttahida Majlis-i-Amal (MMA), Power Looms Association, Majlis-e-Shehriyan, and Anjuman Tajiran to protest against the publication of blasphemous caricatur
Published 13 Mar, 2006 12:00am
Media urged to remove misconceptions about Islam

Media urged to remove misconceptions about Islam

National Assembly Speaker Chaudhry Amir Hussain has stressed upon the print and electronic media that collective efforts should be made for vanishing the misconceptions and ambiguity about Islam.
Published 13 Mar, 2006 12:00am
Polo match

Polo match

The Bank Alflah in a thrilling match overpowered Sanofi Aventis 11-9 in Bank Alflah National Polo Championship final at Lahore Polo Club on Sunday. Punjab Governor Lieutenant General Khalid Maqbool (Retd) distributed prizes on the occasion.
Published 13 Mar, 2006 12:00am
The timber market

The timber market

Karachi is the largest timber market of Pakistan. In the megalopolis, the largest market is situated at Haji Camp. It is to timber as Shershah is to automobiles. The other major timber markets of Karachi are at Gizri, Defence, Liaquatabad, Water Pump, God
Published 13 Mar, 2006 12:00am
Mushroom makeover, a new way to look younger

Mushroom makeover, a new way to look younger

It may not be the secret to eternal youth, but one Italian company claims to have found a unique way to make people's skin look younger, healthier and even lighter using, of all things, a truffle.
Published 13 Mar, 2006 12:00am
Faysal Bank declares results

Faysal Bank declares results

The Faysal Bank announced its 2005 financial results recently. During the year under review, the Faysal Bank management maintained its strategy of focusing on core, yet high yield banking operations.
Published 13 Mar, 2006 12:00am
Faysal Bank declares results

Faysal Bank declares results

The Faysal Bank announced its 2005 financial results recently. During the year under review, the Faysal Bank management maintained its strategy of focusing on core, yet high yield banking operations.
Published 13 Mar, 2006 12:00am
Impact of cartoon controversy on Danish economy

Impact of cartoon controversy on Danish economy

Offensive caricatures of the Holy Prophet Muhammad (PBUH) were published in the Danish newspaper Jyllands-Posten on September 30, 2005, which later on ignited Muslim protest world-wide and would, it seems, leave some serious repercussion on Danish economy
Published 13 Mar, 2006 12:00am
SBP's clarification

SBP's clarification

This is with reference to a letter of Ghulam Muhammad published in your esteemed daily on 4th March, 2006, under the caption: 'Adoption of Western culture.
Published 13 Mar, 2006 12:00am
State of the economy

State of the economy

Speaking at an international conference on Investment Opportunities in Pakistan - 2006, organised by E-commerce Gateway on 9th March, the Advisor to the Prime Minister on Finance, Salman Shah gave a highly positive picture of the economy.
Published 13 Mar, 2006 12:00am
Prospects of shipping protocol with India

Prospects of shipping protocol with India

According to a Recorder Report (March 8), Pakistan and India have agreed to allow each other's shipping companies to lift third country cargo from their respective ports.
Published 13 Mar, 2006 12:00am
Stock market remains volatile

Stock market remains volatile

Stock market remained volatile last week out of five sessions three were negative and two were positive.
Published 13 Mar, 2006 12:00am
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