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Print - 2006-03-17
Thai share prices weaken

Thai share prices weaken

Thai share prices closed 0.17 percent lower on Thursday as investors stayed on the sidelines amid a growing political crisis over the leadership of embattled Premier Thaksin Shinawatra, dealers said.
Published 17 Mar, 2006 12:00am
Nikkei tumbles as property shares decline

Nikkei tumbles as property shares decline

The Nikkei average fell 1.37 percent on Thursday, reversing opening gains as property firms fell after Sumitomo Realty & Development Co Ltd was hit by a brokerage downgrade and by concerns about the impact of higher borrowing costs on the sector.
Published 17 Mar, 2006 12:00am
Philippines shares rally

Philippines shares rally

Philippines share prices closed 0.65 percent higher on Thursday after further gains on Wall Street and support for banks after the extension of a law that allows sales of idle assets, dealers said.
Published 17 Mar, 2006 12:00am
Chinese yuan hits post-revaluation high

Chinese yuan hits post-revaluation high

China's yuan hit its highest level to the dollar on Thursday since its July revaluation, as dealers said market players took advantage of signs of increased tolerance from the central bank for a stronger currency.
Published 17 Mar, 2006 12:00am
Swiss franc rises versus euro

Swiss franc rises versus euro

The Swiss franc rose against the dollar and euro in early European trade on Thursday as markets braced for a second interest rate rise in three months from the Swiss National Bank later in the session.
Published 17 Mar, 2006 12:00am
Yen falls after BoJ says to early to raise rates

Yen falls after BoJ says to early to raise rates

The yen fell on Thursday after the Bank of Japan governor said it was too early for the central bank to raise rates from near zero, suggesting rates in Japan would continue to lag those in the United States and the euro zone.
Published 17 Mar, 2006 12:00am
Dollar falls as flows outweigh New York manufacturing

Dollar falls as flows outweigh New York manufacturing

The dollar declined on Wednesday after a US Treasury Department report showed net capital inflows into the United States in January failed to finance that month's record US trade deficit.
Published 17 Mar, 2006 12:00am
Hong Kong dollar ends steady

Hong Kong dollar ends steady

The Hong Kong dollar was steady on Thursday, while discounts on forward rates widened following softer short-term interbank rates and tracking movements in yuan non-deliverable forwards, dealers said.
Published 17 Mar, 2006 12:00am
Asian currencies: ringgit and yuan at new highs

Asian currencies: ringgit and yuan at new highs

The Malaysian ringgit and Chinese yuan on Thursday hit their strongest level since last July's currency reforms, helped by speculation that the pace of their appreciation is likely to speed up in coming months.
Published 17 Mar, 2006 12:00am
Australian dollar softer

Australian dollar softer

The Australian dollar languished under 74 US cents on Thursday after a failed attempt to break higher, weighed down by sluggish commodity prices and uncertainty about US interest rates ahead of crucial inflation data.
Published 17 Mar, 2006 12:00am
Visitors enjoy more than the cutting edge over Sri Lanka in ODIs

Visitors enjoy more than the cutting edge over Sri Lanka in ODIs

Pakistan enjoy more than the cutting edge over Sri Lanka in one-day internationals played in both countries up until now. In all, a grand total of 103 limited-over internationals have been staged between the two rivals so far.
Published 17 Mar, 2006 12:00am
Early exit for Roddick as Federer floats through

Early exit for Roddick as Federer floats through

Andy Roddick crashed out of the 5.27 million-dollar Pacific Life Open on Wednesday, victimised by Russian Igor Andreev and his own wayward play. Andreev, 22 and ranked 26th in the world, beat Roddick 6-4, 6-7 (5/7), 6-1 to reach the quarter-finals, in a m
Published 17 Mar, 2006 12:00am
Rahul Dravid determined to clinch series

Rahul Dravid determined to clinch series

India captain Rahul Dravid is keen to cap his 100th Test with a series-clinching victory in the third and final Test against England starting in Mumbai on Saturday.
Published 17 Mar, 2006 12:00am
Under-achiever tag rankles Kiwis and West Indies

Under-achiever tag rankles Kiwis and West Indies

New Zealand and the West Indies go into the second cricket Test here on Friday smarting from criticism that both sides seriously under-achieved in the tense first Test.
Published 17 Mar, 2006 12:00am
Clark five-wicket haul puts Australia on top

Clark five-wicket haul puts Australia on top

Seam bowler Stuart Clark took five wickets on his debut as Australia took command on the first day of the first Test against South Africa at Newlands here on Thursday.
Published 17 Mar, 2006 12:00am
Pakistan's win to place them among top-five

Pakistan's win to place them among top-five

The Friday's first ODI between Sri Lanka and Pakistan in Colombo is the start of the final battle among sides to avoid playing in the preliminary round of the ICC Champions Trophy, later this year in India.
Published 17 Mar, 2006 12:00am
Sri Lanka face Herculean task in Pakistan ODIs

Sri Lanka face Herculean task in Pakistan ODIs

Injury-hit Sri Lanka have the tough task of trying to blank Pakistan in a three-match one-day home series starting here on Friday. Former world champions Sri Lanka need to win all three matches to ensure a direct entry in the Champions Trophy tournament i
Published 17 Mar, 2006 12:00am
Mullah Omar vows to step up suicide attacks

Mullah Omar vows to step up suicide attacks

The fugitive leader of Afghanistan's ousted Taleban regime warned Thursday the movement would step up its campaign of suicide attacks and turn the country into a "flaming oven".
Published 17 Mar, 2006 12:00am
Singer-actress Jessica snubs Bush

Singer-actress Jessica snubs Bush

Concerned about politicising her favourite charity, singer-actress Jessica Simpson on Wednesday turned down a invitation to meet with US President George W. Bush, a snub that left Republicans dismayed.
Published 17 Mar, 2006 12:00am
Iran may be America's biggest challenge: Bush

Iran may be America's biggest challenge: Bush

President George W. Bush on Thursday clung to his doctrine of using pre-emptive force against threats of weapons of mass destruction despite the Iraq war and said Iran may be America's biggest security challenge.
Published 17 Mar, 2006 12:00am
Tigers see resurgence of violence in Sri Lanka

Tigers see resurgence of violence in Sri Lanka

Tamil Tiger rebels told peace broker Norway on Thursday that the Sri Lankan government was reneging on promises to disarm paramilitary units, and said the island could see a resurgence of violence.
Published 17 Mar, 2006 12:00am
Study finds mutations needed for bird flu pandemic

Study finds mutations needed for bird flu pandemic

Scientists said on Thursday they had identified some of the mutations the H5N1 avian influenza virus needs to gain a permanent foothold in the human population, causing a greatly feared pandemic.
Published 17 Mar, 2006 12:00am
Over 130 workers evacuated from UK fire

Over 130 workers evacuated from UK fire

More than 130 workers were evacuated by helicopter after a fire broke out on an oil platform in the North Sea off Scotland on Thursday, the Coastguard said.
Published 17 Mar, 2006 12:00am
US and Australia urge China to grow positively

US and Australia urge China to grow positively

China needs to accept the global responsibilities that come with its emergence as an Asia-Pacific power, and be more transparent about its military build-up, the United States and Australia said on Thursday.
Published 17 Mar, 2006 12:00am
Kurds destroy Halabja memorial

Kurds destroy Halabja memorial

Hundreds of Kurdish protesters destroyed a memorial to the 1988 gas attack in the Iraqi town of Halabja on Thursday, setting the museum ablaze on the 18th anniversary of the deaths of 5,000 local people.
Published 17 Mar, 2006 12:00am
New German director for UN programme

New German director for UN programme

UN chief Kofi Annan has selected Achim Steiner, a German national, to take-over the helm of the United Nations Environment Programme (UNEP), Annan's spokesman said Wednesday.
Published 17 Mar, 2006 12:00am
Eleven patients die in Eisai drug trial

Eleven patients die in Eisai drug trial

Eleven patients have died while taking Alzheimer's disease drug Aricept during a clinical trial, Japan's Eisai Co, which makes the medicine, said on Thursday. There were no deaths among patients who were taking a placebo, said Eisai, which markets Aricept
Published 17 Mar, 2006 12:00am
Indian rupee slips

Indian rupee slips

The rupee slipped from a one-week high on Thursday on suspected central bank intervention, but managed to make modest gains on the day as the US currency eased overseas, with steady foreign inflows also lending support.
Published 17 Mar, 2006 12:00am
Sterling up versus weak dollar

Sterling up versus weak dollar

Sterling rose to a one-week high against the dollar on Thursday but slipped versus the euro after weaker-than-expected US inflation data pushed the greenback down across the board.
Published 17 Mar, 2006 12:00am
Dollar steadies versus euro

Dollar steadies versus euro

The dollar held steady against euro on Thursday, ahead of economic data that could shed light on the future path of US interest rates. The yen, meanwhile, fell after the Bank of Japan governor said it was too soon to raise rates from near zero, suggesting
Published 17 Mar, 2006 12:00am
US Stocks: Thursday's unofficial close

US Stocks: Thursday's unofficial close

US stocks rose on Thursday as a government report showed consumer prices were contained last month, boosting optimism the Federal Reserve would feel less pressure to raise interest rates aggressively.
Published 17 Mar, 2006 12:00am
Bonds: Casino rallies on plans to cut debt

Bonds: Casino rallies on plans to cut debt

The cost of insuring debt in Casino against default fell sharply on Thursday, after the French supermarket group unveiled a big asset sale programme and set itself more stringent debt ratio targets.
Published 17 Mar, 2006 12:00am
Bonds: Casino rallies on plans to cut debt

Bonds: Casino rallies on plans to cut debt

The cost of insuring debt in Casino against default fell sharply on Thursday, after the French supermarket group unveiled a big asset sale programme and set itself more stringent debt ratio targets.
Published 17 Mar, 2006 12:00am
Indian shares up

Indian shares up

Indian share prices rose 0.71 percent to a record close Thursday on fresh overseas and domestic funds buying blue chip banking, software and refinery stocks, dealers said. They said buying was seen in mid-sized companies, with profit-taking seen at higher
Published 17 Mar, 2006 12:00am
Seoul shares rise

Seoul shares rise

South Korean shares rose slightly on Thursday, as steel maker POSCO hit a record high on brighter earnings prospects, but broader advances were capped amid worries about the impact of a stronger won on exporters' profits.
Published 17 Mar, 2006 12:00am
FTSE hits fresh five-year high

FTSE hits fresh five-year high

A fresh bout of merger talk pushed the FTSE 100 index to its second straight five-year closing high on Thursday, within a whisker of the key 6,000 level it has not broken since March 2001.
Published 17 Mar, 2006 12:00am
Boom in grain imports spurs new Philippine ports

Boom in grain imports spurs new Philippine ports

Eduardo Alino only opened his grain bulk handling facility at Subic freeport, a former US base north-west of Manila, in January but he's already planning to double its capacity to meet the country's growing appetite.
Published 17 Mar, 2006 12:00am
2004 cotton reform flawed, says EU court adviser

2004 cotton reform flawed, says EU court adviser

The European Union may have to renegotiate its hard-won reform of the cotton sector after an adviser to the bloc's highest court ruled on Thursday that a key part of its new subsidy system was flawed and arbitrary.
Published 17 Mar, 2006 12:00am
Oil jumps on US gasoline concerns

Oil jumps on US gasoline concerns

Oil prices jumped over $1 Thursday on concerns about US fuel supplies as the world's largest consumer prepares for the summer driving season. US crude gained $1.48 to $63.65 per barrel by 1920 GMT. April Brent crude, which expires Thursday, rose 3 cents t
Published 17 Mar, 2006 12:00am
EU raises refunds on periodic sugar exports

EU raises refunds on periodic sugar exports

The European Union has increased export refunds on small amounts of white and raw sugar, European Commission data showed on Thursday. In its regular meeting.
Published 17 Mar, 2006 12:00am
New York cotton settles lower

New York cotton settles lower

Cotton futures closed softer Thursday on modest speculative and trade sales, with analysts saying the market seems unable to break out of its trading band.
Published 17 Mar, 2006 12:00am
London sugar weakens

London sugar weakens

London white sugar futures closed weaker on Thursday on light selling in thin turnover, traders said. Benchmark May settled down $1.6 or 0.36 percent at $444.5 per tonne in volume of 1,101 lots after trading from $448 to $444. August finished down $1.6 at
Published 17 Mar, 2006 12:00am
Base metals mixed

Base metals mixed

Base metals saw mixed trade in low volumes on the London Metal Exchange (LME) on Thursday, with copper softer and investor attention switching to zinc and aluminium, dealers said. Aluminium bounced off earlier lows to end $23 higher at $2,470 a tonne. Pri
Published 17 Mar, 2006 12:00am
Gold and silver rangebound in European trade

Gold and silver rangebound in European trade

Gold and silver were rangebound on Thursday, the former failing to break resistance and the latter hovering below a 22-year high on hopes of a launch of a new US silver investment product, traders said.
Published 17 Mar, 2006 12:00am
US MIDDAY: coffee falls

US MIDDAY: coffee falls

US coffee futures shed 1.7 percent on Thursday, depressed by speculators taking profits after the market failed to hurdle the previous day's peak of $1.0980 per lb, traders and analysts said.
Published 17 Mar, 2006 12:00am
US MIDDAY: cocoa jumps

US MIDDAY: cocoa jumps

US cocoa futures rose more than 1 percent to a one-month high Thursday, adding to this week's advance amid speculative buying, limited producer selling and a weak dollar, market sources said.
Published 17 Mar, 2006 12:00am
US MIDDAY: sugar lower

US MIDDAY: sugar lower

Raw sugar futures closed easier Thursday on trade and speculative sales as the market was mired in a band it will likely stay in ahead of the weekend, brokers said.
Published 17 Mar, 2006 12:00am
US MIDDAY: corn eases

US MIDDAY: corn eases

Corn futures at the Chicago Board of Trade were weak early on Thursday amid ongoing references to bearish near-term fundamentals including recent improved crop weather and large stocks of feed grains, traders said.
Published 17 Mar, 2006 12:00am
US MIDDAY: wheat down

US MIDDAY: wheat down

Wheat futures at the Chicago Board of Trade were lower at midmorning on Thursday, weighed by forecasts for rain in the US Plains this weekend and spillover weakness from the Kansas City market, traders said.
Published 17 Mar, 2006 12:00am
US MIDDAY: copper higher

US MIDDAY: copper higher

US copper futures opened higher on Thursday amid some short covering, supported by a drop in LME stocks and a weaker US dollar, after relatively tame US inflation data, sources said.
Published 17 Mar, 2006 12:00am
US MIDDAY: soyabeans weak

US MIDDAY: soyabeans weak

Soyabean futures at the Chicago Board of Trade were weak early on Thursday in thin, choppy trade, traders said. Traders and analysts said soya remained under pressure from the record large global stockpile of vegetable oils, recent improved crop weather i
Published 17 Mar, 2006 12:00am
US MIDDAY: gold stumbles

US MIDDAY: gold stumbles

US gold futures pulled back on profit taking early on Thursday, after rising for three straight sessions, as dealers eyed softer crude oil prices, while silver dipped from Wednesday's 22-year peak.
Published 17 Mar, 2006 12:00am
Sialkot Dry Port handles 2,790 cargo in February

Sialkot Dry Port handles 2,790 cargo in February

Sialkot Dry Port Trust handled 2,790 consignments weighing 4,519 tons worth Rs 2,675 million in export sector during February last. This cargo was transported from Dry Port to Lahore, Islamabad, Karachi and Peshawar airports as well as Karachi Port Trust
Published 17 Mar, 2006 12:00am
UN rights council urged to halt phenomenon of Islamophobia

UN rights council urged to halt phenomenon of Islamophobia

Pakistan on Thursday urged the newly created UN Human Rights Council and the General Assembly to promote respect for religions, prophets and cultures, and to halt and reverse the phenomenon of Islamophobia.
Published 17 Mar, 2006 12:00am
CDA to set up treatment plant, reservoir

CDA to set up treatment plant, reservoir

The Capital Development Authority (CDA) will set up a treatment plant and a reservoir at two different points for the planned 60-km water pipeline from Ghazi Barotha barrage to Islamabad, a CDA official said on Thursday.
Published 17 Mar, 2006 12:00am
Call to analyse trade with human uplift perspective

Call to analyse trade with human uplift perspective

Trade Initiative Human Development Perspective (TIHP) National Project Director Zubair Faisal Abbasi has said that traditionally development in trade was measured by increase in trade to GDP ratio and amount of liberalisation in tariff and non-tariff regi
Published 17 Mar, 2006 12:00am
Kashmir conference backs peace process

Kashmir conference backs peace process

Speakers at a two-day International Kashmir Conference backed the current peace process between Pakistan and India, saying, it was the way forward for seeking a peaceful solution for the Kashmir issue.
Published 17 Mar, 2006 12:00am
Gohar for early completion of Bhasha dam

Gohar for early completion of Bhasha dam

Former Foreign Minister Gohar Ayub Khan has said that all matters relating to Bhasha-Diamir dam should be settled at the earliest to ensure early completion of the project.
Published 17 Mar, 2006 12:00am
Traffic signal

Traffic signal

Traffic signal is urgently needed at Shah-e-Khurasan, Karachi because a few yards away there are two schools [one for boys and another for girls] as also a girls college. When women and children cross the Britto Road at night they fear their safety.
Published 17 Mar, 2006 12:00am
Sugar shortage probe

Sugar shortage probe

In the civilised countries, those privileged few alleged of committing crimes or involved in deceit are proceeded against, inspite of immense political power they wield.
Published 17 Mar, 2006 12:00am
Production at Indus Motors

Production at Indus Motors

Please refer to a letter to the editor which appeared on Sunday 5th March 2006, titled 'Import of used cars," by Usman Haq. On behalf of Indus Motor Company, I would like to clarify that in order to reduce delivery periods, we have been continuously enhan
Published 17 Mar, 2006 12:00am
Debate in Saudi Arabia over education reforms

Debate in Saudi Arabia over education reforms

When Saudi intellectuals got together this month to discuss reforming the education system, they needed armed security officers to protect them. "Some people said they were going to teach me a lesson here," Abdullah al-Ghodami declared defiantly, challeng
Published 17 Mar, 2006 12:00am
MoF's review of economy: drop in foreign exchange reserves worrisome

MoF's review of economy: drop in foreign exchange reserves worrisome

The Ministry of Finance, Government of Pakistan, has published a comprehensive review about the performance of the country's economy during July-December,2005 being the first half of the fiscal 2005-06 in the Business Recorder issue of the 1st Marc
Published 17 Mar, 2006 12:00am
Boosting agriculture-based exports

Boosting agriculture-based exports

President Musharraf has unveiled a five-point export strategy that lays special emphasis on developing agriculture-based products, to revitalise Pakistan's export sector.
Published 17 Mar, 2006 12:00am
Excessive bank borrowings by the government

Excessive bank borrowings by the government

Public at large hardly takes any notice of the monetary statistics released by the central bank from time to time despite the fact that these have a great significance for economic policy.
Published 17 Mar, 2006 12:00am
Boat carrying foreign liquor seized

Boat carrying foreign liquor seized

The Maritime Security Agency ship Nusrat in co-ordination with Pakistan Navy apprehended a boat namely 'Al-Naseeri' 90 kms South of West Gwadar on Thursday.
Published 17 Mar, 2006 12:00am
Etihad Airways to launch Paris flight

Etihad Airways to launch Paris flight

Etihad Airways, the national airline of the United Arab Emirates (UAE) will launch services to Paris this June, its eighth European destination.
Published 17 Mar, 2006 12:00am
'Used cars import to badly hurt local industry'

'Used cars import to badly hurt local industry'

The policy of new and used cars import is a big threat for local industry as these are being imported by investors and car dealers instead of overseas Pakistanis. Pervez Ghayas, Chief Executive Officer, Indus Motor Company (IMC), stated this while briefin
Published 17 Mar, 2006 12:00am
Bank Al-Habib AGM held

Bank Al-Habib AGM held

The Annual General Meeting of Bank Al-Habib was held at its registered office in Multan on March 14, 2006. The shareholders approved the annual accounts and consolidated accounts of the bank for the year ended December 31, 2005.
Published 17 Mar, 2006 12:00am
ICCI workshop for women entrepreneurs from March 18

ICCI workshop for women entrepreneurs from March 18

A workshop on "creating a roadmap to guide women in small and medium enterprises (SMEs) to access learning through technology" is being organised here by the Islamic Chamber of Commerce and Industry (ICCI) from March 18 to 21.
Published 17 Mar, 2006 12:00am
Prgmea rejects power tariff hike

Prgmea rejects power tariff hike

Pakistan Readymade Garment Manufacturers & Exporters Association (Prgmea) Chairman Bilal Mulla has shown deep concerns on recent increase in the Karachi Electricity Supply Corporation (KESC) tariff.
Published 17 Mar, 2006 12:00am
Trade, transport facilitation moot on March 18

Trade, transport facilitation moot on March 18

National Trade and Transport Facilitation Committee (NTTFC) - a standing committee of the Ministry of Commerce - will organise a 'Trade and transport facilitation conference' on March 18, in Karachi.
Published 17 Mar, 2006 12:00am
HBL President gets Asian Banker Award 2005

HBL President gets Asian Banker Award 2005

The Habib Bank Limited President and Chief Executive Officer Zakir Mahmood has been awarded the Asian Banker Achievement Award 2005 for the leadership in Pakistan.
Published 17 Mar, 2006 12:00am
Construction trades centre opened in Mansehra

Construction trades centre opened in Mansehra

An international NGO has opened one of the four planned construction trades centres in quake-hit area in Bissian Mansehra to facilitate reconstruction activities, a press release said on Thursday.
Published 17 Mar, 2006 12:00am
Show-cause notices

Show-cause notices

The chief justice of the Lahore High Court (LHC) while dismissing civil judges Chaudhry Muhammad Hanif, Ali Jaffar Sheikh and Yahua Kulachi from service, issued show cause notices for dismissal from service to three officials S M Waqar-ul-Hassan Bokhari,
Published 17 Mar, 2006 12:00am
Education moot today

Education moot today

An all-Pakistan education conference has been organised by All Pakistan Private Schools Management Association on Friday.
Published 17 Mar, 2006 12:00am
Police deny custody of Sohrab Sarki

Police deny custody of Sohrab Sarki

Dr Sohrab Sarki was not in custody of police, said a counter affidavit submitted by SP Muhammad Aslam before a division bench of High Court of Sindh (SHC) here on Thursday.
Published 17 Mar, 2006 12:00am
Contractor restrained from digging mud

Contractor restrained from digging mud

The Lahore High Court (LHC) while issuing notices to Chief Administrator Auqaf Faisalabad, Punjab, and Director Irrigation Punjab for April 27, has restrained the contractor from digging mud from the area of Saint Baba Abul Khair alias No lakh Hazarvi.
Published 17 Mar, 2006 12:00am
LSE holds training on 'Exit Mechanism'

LSE holds training on 'Exit Mechanism'

With a view to educating the stock brokers, investors and creating awareness among them on 'Exit-Mechanism' introduced in the bourses in the recent past, the Lahore Stock Exchange (LSE) organised a training session here on Thursday.
Published 17 Mar, 2006 12:00am
PTCL notice

PTCL notice

The telephone traffic on Premium Rate Service relating to 0900 prefix is likely to face interruption on mid night of March 18 and 19 from 0000 to 0400 hours. A PTCL announcement said it has expansion plan of database to facilitate customer services at the
Published 17 Mar, 2006 12:00am
Noman Zuberi: founder of Muslim Students Federation

Noman Zuberi: founder of Muslim Students Federation

Speakers at a meeting have highlighted the role of youth in the Pakistan movement under the dynamic leadership of Quaid-e-Azam Muhammad Ali Jinnah. The Majlis Karkunan Tehreek-e-Pakistan organised a function at a local hotel to celebrate the centenary of
Published 17 Mar, 2006 12:00am
Slow pace of road works causing great hardships

Slow pace of road works causing great hardships

Under the prevailing circumstances, it proves true that "In Hee Pattharoon Pe Chal Ker Ager Aa Sako to Aao, Mer-e-Ghar Ke Raastay Mai Koi Kahkashan Nahi Hai" as most of the roads and streets are looking in bad shapes due to pro-longed delay in the constru
Published 17 Mar, 2006 12:00am
Ibad directs alternative system for roads

Ibad directs alternative system for roads

Sindh Governor Dr Ishrat-ul-Ebad has directed that an alternative system for roads, where development works are under implementation, be devised and effectively enforced.
Published 17 Mar, 2006 12:00am
Rs 5 billion released for workers welfare projects

Rs 5 billion released for workers welfare projects

The governing body of Workers Welfare Fund (WWF) has approved the release of around Rs 5 billion to provinces for the execution of welfare projects of industrial workers.
Published 17 Mar, 2006 12:00am
MPs meet Shaukat

MPs meet Shaukat

A delegation of ministers belonging to Pakistan Peoples Party Patriot comprising Interior Minister Aftab Ahmed Khan Sherpao, Science and Technology Minister Nouraiz Shakoor and Minister for Kashmir and Northern Areas Faisal Saleh Hayat called on Prime Min
Published 17 Mar, 2006 12:00am
China to expand investment in Pakistan

China to expand investment in Pakistan

Chinese government encourages its public and private sectors to actively take part in projects based in Pakistan and the objective of this visit is to strengthen co-operation between the corporate entities of the two countries in the manufacturing sector.
Published 17 Mar, 2006 12:00am
Transfers and postings in CBR

Transfers and postings in CBR

The Central Board of Revenue (CBR) has transferred and posted two senior officials of Customs and Excise Group (BS-20) with immediate effect.
Published 17 Mar, 2006 12:00am
Peshawar to Jalalabad bus service starts today

Peshawar to Jalalabad bus service starts today

Pakistan-Afghanistan Friendship Bus Service from Peshawar will proceed for Jalalabad on Friday. All preparations in this regard have been finalised. A bus from Afghanistan side carrying 8 member-Afghan delegation and 15 passengers had already arrived in t
Published 17 Mar, 2006 12:00am
Bush's visit has strengthened ties: Rashid

Bush's visit has strengthened ties: Rashid

Information Minister Sheikh Rashid Ahmed has said that United States President George W. Bush's visit had contributed to further strengthening of relations between the two countries.
Published 17 Mar, 2006 12:00am
Railways fails to adopt security plan

Railways fails to adopt security plan

Despite directives by Prime Minister Shaukat Aziz, the Railways Ministry has failed to adopt a security plan to ward off any terrorist threat. More than 7,000km long railway tracks in most places are still unguarded and, thus, present an easy target for s
Published 17 Mar, 2006 12:00am
Environment ministry approves NECP draft

Environment ministry approves NECP draft

Energy conservation will be declared as an industry to allow fiscal and financial incentives to be available for energy conservation pursuits. The Environment Ministry has approved National Energy Conservation Policy (NECP) draft for promotion of energy r
Published 17 Mar, 2006 12:00am
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