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Print - 2006-03-27
BMA launches new corporate brand identity

BMA launches new corporate brand identity

Pakistan's Premier Investment Group, BMA, announced the launch of its new corporate brand identity, replacing its existing branding of the past 15 years, for the Group's businesses, including BMA Capital, BMA Asset Management and BMA Trade, said a press r
Published 27 Mar, 2006 12:00am
BMA launches new corporate brand identity

BMA launches new corporate brand identity

Pakistan's Premier Investment Group, BMA, announced the launch of its new corporate brand identity, replacing its existing branding of the past 15 years, for the Group's businesses, including BMA Capital, BMA Asset Management and BMA Trade, said a press r
Published 27 Mar, 2006 12:00am
'Pakistan sincerely trying to reform seminaries'

'Pakistan sincerely trying to reform seminaries'

Dr Christine Fair, a noted scholar of the US Institute of Peace (USIP), said the Pakistan government is sincerely trying to reform and bring madressas into the mainstream educational system.
Published 27 Mar, 2006 12:00am
Balochistan Assembly meeting today

Balochistan Assembly meeting today

Balochistan Assembly will meet on Monday with Speaker Jamal Shah Kakar in the chair. The session will continue for 20 days till April 15. On the first day, a condemnation resolution against the publication of sacrilegious sketches will be presented.
Published 27 Mar, 2006 12:00am
More Rahijas return to Dera Bugti

More Rahijas return to Dera Bugti

Some 1,000 members of Rahijas (sub-clan of Bughti tribe), including men, women and children returned to their native place in Dera Bugti town on Sunday. The caravan comprising 130 vehicles entered the via Kashmore.
Published 27 Mar, 2006 12:00am
President to visit Gwadar on March 29

President to visit Gwadar on March 29

President General Pervez Musharraf will visit Gwadar on March 29, 2006. He will inaugurate LPG plant for supply of gas to this port city of Balochistan.
Published 27 Mar, 2006 12:00am
Kabul protests over attack on Quetta consulate

Kabul protests over attack on Quetta consulate

Afghanistan's foreign ministry summoned the Pakistani ambassador on Sunday after its consulate in Quetta was attacked during a protest over the killing of 16 men by Afghan security forces.
Published 27 Mar, 2006 12:00am
Railways to hire World Bank experts

Railways to hire World Bank experts

Pakistan Railways would hire experts from World Bank (WB) to assess charges of its track and infrastructure in line with generating revenue through utilising railways tracks and infrastructure.
Published 27 Mar, 2006 12:00am
Explosions damage Jam's house in Bela

Explosions damage Jam's house in Bela

Two explosions badly damaged Balochistan Chief Minister's residence in Bela on Sunday afternoon. However, there was no casualty. According to details, two big explosions occurred near the northern boundary wall of the personal residence of Chief Minister
Published 27 Mar, 2006 12:00am
Passengers stranded as locomotives develop faults

Passengers stranded as locomotives develop faults

Thousands of passengers stranded when locomotives of four Express trains failed to move due to some technical faults developed in them. According to the control office, "132-Down Khanpur-bound Rohi Express stopped at deserted place between Dera Nawab Sahi
Published 27 Mar, 2006 12:00am
PML workers meet Elahi

PML workers meet Elahi

Punjab Chief Minister Chaudhry Pervaiz Elahi met delegations of Muslim League workers from Fata, Balochistan and Sindh at Chief Minister House here on Sunday.
Published 27 Mar, 2006 12:00am
LSE remains bullish

LSE remains bullish

Mainly charged by investors' aggressive buying interest in oil and gas sector, and to somehow in cement sector, the local share market remained bullish during the last week, while the index surged 3.93-percent with 18.68-percent decline in volume of trans
Published 27 Mar, 2006 12:00am
LSE remains bullish

LSE remains bullish

Mainly charged by investors' aggressive buying interest in oil and gas sector, and to somehow in cement sector, the local share market remained bullish during the last week, while the index surged 3.93-percent with 18.68-percent decline in volume of trans
Published 27 Mar, 2006 12:00am
Musharraf for projecting soft image of Pakistan

Musharraf for projecting soft image of Pakistan

President General Pervez Musharraf has said the government is striving to project soft image of Pakistan through promotion of culture, tourism and sports. He was addressing a large gathering here on Sunday at Mangla View Resort launching ceremony. He said
Published 27 Mar, 2006 12:00am
Musharraf for projecting soft image of Pakistan

Musharraf for projecting soft image of Pakistan

President General Pervez Musharraf has said the government is striving to project soft image of Pakistan through promotion of culture, tourism and sports. He was addressing a large gathering here on Sunday at Mangla View Resort launching ceremony. He said
Published 27 Mar, 2006 12:00am
Musharraf for projecting soft image of Pakistan

Musharraf for projecting soft image of Pakistan

President General Pervez Musharraf has said the government is striving to project soft image of Pakistan through promotion of culture, tourism and sports. He was addressing a large gathering here on Sunday at Mangla View Resort launching ceremony. He said
Published 27 Mar, 2006 12:00am
''''$800 million investment bonds by month-end''''

''''$800 million investment bonds by month-end''''

Pakistan will issue $800 million valued investment bonds by the end of this month against the subscription of $2 billion. The settlement of this bond would be under T+ 5 formula. Dr Salman Shah, Finance and Economic Advisor to Prime Minister, addressing a
Published 27 Mar, 2006 12:00am
''$800 million investment bonds by month-end''

''$800 million investment bonds by month-end''

Pakistan will issue $800 million valued investment bonds by the end of this month against the subscription of $2 billion. The settlement of this bond would be under T+ 5 formula. Dr Salman Shah, Finance and Economic Advisor to Prime Minister, addressing a
Published 27 Mar, 2006 12:00am
'$800 million investment bonds by month-end'

'$800 million investment bonds by month-end'

Pakistan will issue $800 million valued investment bonds by the end of this month against the subscription of $2 billion. The settlement of this bond would be under T+ 5 formula. Dr Salman Shah, Finance and Economic Advisor to Prime Minister, addressing a
Published 27 Mar, 2006 12:00am
'$800 million investment bonds by month-end'

'$800 million investment bonds by month-end'

Pakistan will issue $800 million valued investment bonds by the end of this month against the subscription of $2 billion. The settlement of this bond would be under T+ 5 formula. Dr Salman Shah, Finance and Economic Advisor to Prime Minister, addressing a
Published 27 Mar, 2006 12:00am
Future spreads stagnate at single digit

Future spreads stagnate at single digit

The leverage position seemed to remain stagnant on weekend-to-weekend basis, with a sharp decline in stock futures spreads, while CFS stood at 18 percent.
Published 27 Mar, 2006 12:00am
Future spreads stagnate at single digit

Future spreads stagnate at single digit

The leverage position seemed to remain stagnant on weekend-to-weekend basis, with a sharp decline in stock futures spreads, while CFS stood at 18 percent.
Published 27 Mar, 2006 12:00am
Future spreads stagnate at single digit

Future spreads stagnate at single digit

The leverage position seemed to remain stagnant on weekend-to-weekend basis, with a sharp decline in stock futures spreads, while CFS stood at 18 percent.
Published 27 Mar, 2006 12:00am
Future spreads stagnate at single digit

Future spreads stagnate at single digit

The leverage position seemed to remain stagnant on weekend-to-weekend basis, with a sharp decline in stock futures spreads, while CFS stood at 18 percent.
Published 27 Mar, 2006 12:00am
KSE index gains 509 points

KSE index gains 509 points

The share market last week registered unprecedented gains for the second consecutive week as buying spree by local and foreign investors boosted the market sentiment where oil and gas scrips led the bourses.
Published 27 Mar, 2006 12:00am
KSE index gains 509 points

KSE index gains 509 points

The share market last week registered unprecedented gains for the second consecutive week as buying spree by local and foreign investors boosted the market sentiment where oil and gas scrips led the bourses.
Published 27 Mar, 2006 12:00am
KSE index gains 509 points

KSE index gains 509 points

The share market last week registered unprecedented gains for the second consecutive week as buying spree by local and foreign investors boosted the market sentiment where oil and gas scrips led the bourses.
Published 27 Mar, 2006 12:00am
Due process of law must to register units: FTO

Due process of law must to register units: FTO

Federal Tax Ombudsman Munir A Sheikh has ruled that undertakings/firms cannot be compulsorily registered, without due process of law by issuing show-cause notice, affording hearing and issuing a speaking order.
Published 27 Mar, 2006 12:00am
Due process of law must to register units: FTO

Due process of law must to register units: FTO

Federal Tax Ombudsman Munir A Sheikh has ruled that undertakings/firms cannot be compulsorily registered, without due process of law by issuing show-cause notice, affording hearing and issuing a speaking order.
Published 27 Mar, 2006 12:00am
Due process of law must to register units: FTO

Due process of law must to register units: FTO

Federal Tax Ombudsman Munir A Sheikh has ruled that undertakings/firms cannot be compulsorily registered, without due process of law by issuing show-cause notice, affording hearing and issuing a speaking order.
Published 27 Mar, 2006 12:00am
THE RUPEE: mixed trend on currency market

THE RUPEE: mixed trend on currency market

Exporters' dollar selling helped the rupee to recover sharply versus dollar last week ending on March 25, 2006, money dealers said.
Published 27 Mar, 2006 12:00am
THE RUPEE: mixed trend on currency market

THE RUPEE: mixed trend on currency market

Exporters' dollar selling helped the rupee to recover sharply versus dollar last week ending on March 25, 2006, money dealers said.
Published 27 Mar, 2006 12:00am
Kashmir be declared 'human tragedy' of region: Mirwaiz

Kashmir be declared 'human tragedy' of region: Mirwaiz

"Pakistan, India and international community have to realise the fact that Kashmir is a human tragedy and suffering in the region. It is much more than a political conflict between Pakistan and India."
Published 27 Mar, 2006 12:00am
Kashmir be declared 'human tragedy' of region: Mirwaiz

Kashmir be declared 'human tragedy' of region: Mirwaiz

"Pakistan, India and international community have to realise the fact that Kashmir is a human tragedy and suffering in the region. It is much more than a political conflict between Pakistan and India."
Published 27 Mar, 2006 12:00am
US immigration bill sparks protests

US immigration bill sparks protests

At least 200,000 mostly Hispanic demonstrators protested in California on Saturday against moves to tighten US immigration laws, while President George W Bush urged wary Republicans to take up his guest-worker proposal.
Published 27 Mar, 2006 12:00am
US immigration bill sparks protests

US immigration bill sparks protests

At least 200,000 mostly Hispanic demonstrators protested in California on Saturday against moves to tighten US immigration laws, while President George W Bush urged wary Republicans to take up his guest-worker proposal.
Published 27 Mar, 2006 12:00am
US troops kill 20 Mehdi militiamen in Iraq

US troops kill 20 Mehdi militiamen in Iraq

US troops mounted two raids against Iraqi Shia forces in Baghdad on Sunday, killing up to 20 gunmen in a raid on a mosque, and arresting more than 40 interior ministry personnel guarding a secret prison.
Published 27 Mar, 2006 12:00am
US troops kill 20 Mehdi militiamen in Iraq

US troops kill 20 Mehdi militiamen in Iraq

US troops mounted two raids against Iraqi Shia forces in Baghdad on Sunday, killing up to 20 gunmen in a raid on a mosque, and arresting more than 40 interior ministry personnel guarding a secret prison.
Published 27 Mar, 2006 12:00am
Four Afghans die in mine blast

Four Afghans die in mine blast

Four Afghan civilian including a woman were killed when their taxi car struck a mine in southern Afghanistan on Sunday, police and witnesses said.
Published 27 Mar, 2006 12:00am
Four killed in Indian occupied Kashmir

Four killed in Indian occupied Kashmir

An Indian occupation trooper and three alleged mujahideen were killed on Sunday and eight other occupation soldiers wounded in two separate ambushes by alleged mujahideen in occupied Kashmir, an army spokesman said.
Published 27 Mar, 2006 12:00am
Soldier among 4 killed in Sui

Soldier among 4 killed in Sui

A paramilitary soldier and three tribesmen were killed on Sunday in a clash in Balochistan, officials said. The shootout began when tribesmen attacked security forces guarding a route to be used by hundreds of returning tribesmen near Sui, a security offi
Published 27 Mar, 2006 12:00am
Soldier among 4 killed in Sui

Soldier among 4 killed in Sui

A paramilitary soldier and three tribesmen were killed on Sunday in a clash in Balochistan, officials said. The shootout began when tribesmen attacked security forces guarding a route to be used by hundreds of returning tribesmen near Sui, a security offi
Published 27 Mar, 2006 12:00am
700 chickens mysteriously die in Abbottabad

700 chickens mysteriously die in Abbottabad

Seven hundred chickens have mysteriously died in a poultry farm in Bairot Union Council, Abbottabad on Sunday, AAJ TV reported. Police have sealed the poultry farm and Abbottabad District Nazim has informed the Peshawar livestock authorities about the inc
Published 27 Mar, 2006 12:00am
700 chickens mysteriously die in Abbottabad

700 chickens mysteriously die in Abbottabad

Seven hundred chickens have mysteriously died in a poultry farm in Bairot Union Council, Abbottabad on Sunday, AAJ TV reported. Police have sealed the poultry farm and Abbottabad District Nazim has informed the Peshawar livestock authorities about the inc
Published 27 Mar, 2006 12:00am
700 chickens mysteriously die in Abbottabad

700 chickens mysteriously die in Abbottabad

Seven hundred chickens have mysteriously died in a poultry farm in Bairot Union Council, Abbottabad on Sunday, AAJ TV reported. Police have sealed the poultry farm and Abbottabad District Nazim has informed the Peshawar livestock authorities about the inc
Published 27 Mar, 2006 12:00am
The Weather

The Weather

The weather report on Sunday (March 26, 2006) and the forecast for Monday (March 27, 2006).
Published 27 Mar, 2006 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (March 20 to 25, 2006).

Published 27 Mar, 2006 12:00am
KKI weekly review

KKI weekly review

Khanani & Kalia International (Pvt) Limited weekly review of currency notes on Sunday (March 26, 2006).
Published 27 Mar, 2006 12:00am
Housing sector helps Egypt bourse higher

Housing sector helps Egypt bourse higher

Housing sector stocks, boosted by expected expansion in the sector, helped the Egyptian bourse to a higher close on Sunday. Orascom Telecom , which is due to release its 2005 results on Monday, also climbed, along with EFG-Hermes.
Published 27 Mar, 2006 12:00am
Volatile yuan may hint at further currency flexibility

Volatile yuan may hint at further currency flexibility

The recent volatility of the Chinese yuan may show that China is more open to pressure from the United States to further relax its foreign exchange regime, according to analysts in London.
Published 27 Mar, 2006 12:00am
Tiger plans to trim golf schedule once he becomes a dad

Tiger plans to trim golf schedule once he becomes a dad

Tiger Woods plans to reduce his golfing schedule when he becomes a father so he can spend more time with his children, the 10-time major champion told the US television show "60 Minutes".
Published 27 Mar, 2006 12:00am
Federer advances but Clijsters, Hewitt fall

Federer advances but Clijsters, Hewitt fall

Swiss world number one Roger Federer outlasted France's Arnaud Clement in the second round of a 6.9 million-dollar ATP and WTA hardcourt event on Saturday but Kim Clijsters and Lleyton Hewitt were ousted.
Published 27 Mar, 2006 12:00am
Pakistan begin Test series with 108 rating points

Pakistan begin Test series with 108 rating points

Pakistan has started the Test series with 108 rating points, unbeaten in their last four series and victorious in the last two of them with both of those successes coming against sides above them in the table - 2-0 v England and 1-0 v India.
Published 27 Mar, 2006 12:00am
Rain washes out 1st day's play at Colombo

Rain washes out 1st day's play at Colombo

Rain washed out the opening day's play in the first Test between Sri Lanka and Pakistan at the Sinhalese Sports Club Ground here on Sunday.
Published 27 Mar, 2006 12:00am
Lara regains touch but rain threatens to beat all in Test

Lara regains touch but rain threatens to beat all in Test

A classy 83 from Brian Lara and an unbeaten 70 from Runako Morton carried the West Indies to 256 for four against New Zealand before further rain brought an early end to the second day of the third and final cricket Test here on Sunday.
Published 27 Mar, 2006 12:00am
Losing the final was disappointing: Saqlain

Losing the final was disappointing: Saqlain

Pakistan hockey captain Mohammad Saqlain said losing the final of Commonwealth Games hockey event to Australia was a big disappointment for him and he was not looking forward to this result.
Published 27 Mar, 2006 12:00am
Blair praises skill of hockey players

Blair praises skill of hockey players

British Prime Minister Tony Blair on Sunday praised the skills and technique of the Pakistani hockey players and urged them to improve their physical fitness for gaining productive results in the prime hockey events.
Published 27 Mar, 2006 12:00am
Lee and Ponting put Australia in command

Lee and Ponting put Australia in command

Brett Lee and Ricky Ponting put Australia in a commanding position in the second Test against South Africa here on Sunday. The visitors were 125 for one in their second innings at the close of play, a lead of 227, after South Africa had been bowled out fo
Published 27 Mar, 2006 12:00am
Top traders earned more than $1 billion in 2005

Top traders earned more than $1 billion in 2005

Boone Pickens' bet on crude oil last year helped the Texas investor take home an estimated $1.5 billion, perhaps the highest-ever one-year income, thanks to the surge to record highs in oil and other commodity prices.
Published 27 Mar, 2006 12:00am
World gas market making a pitch to come of age

World gas market making a pitch to come of age

The natural gas market, still in its early years, is looking to secure a place in the global energy distribution scheme in the face of major technical challenges and high geopolitical stakes.
Published 27 Mar, 2006 12:00am
Eurozone data to show stable business confidence

Eurozone data to show stable business confidence

Eurozone indicators to be released in the coming week will show inflation easing in March as the effects of last year's surge in oil prices wane, while business confidence is expected to consolidate after recent strong gains.
Published 27 Mar, 2006 12:00am
Despite pledges, Europe still battling to reform

Despite pledges, Europe still battling to reform

Europe's difficulties in pushing through painful economic reforms remain all too visible - not least on the protest-scarred streets of Paris - despite warm words at the latest EU summit.
Published 27 Mar, 2006 12:00am
'More bankruptcies expected among US auto suppliers'

'More bankruptcies expected among US auto suppliers'

More bankruptcies are expected among US auto suppliers which are being squeezed by demands for lower prices for fewer parts as General Motors Corp and Ford Motor Company implement massive restructuring plans, analysts said.
Published 27 Mar, 2006 12:00am
China in crunch talks on iron ore pricing this week

China in crunch talks on iron ore pricing this week

China's largest steel firm will likely agree to a price increase on iron ore imports this week when it re-enters critical negotiations with the globe's biggest suppliers of the raw material, analysts say.
Published 27 Mar, 2006 12:00am
China raises fuel prices, pledges subsidies to farmers

China raises fuel prices, pledges subsidies to farmers

China, which raised fuel prices for the first time in eight months on Sunday, promised subsidies to protect some of the poorest sections of the population from higher costs, but gave no details of how it would distribute them.
Published 27 Mar, 2006 12:00am
Acid peptic disease (hyperacidity)

Acid peptic disease (hyperacidity)

When more than normal acid is secreted by stomach it leads to hyperacidity and its sequelle. It is a common ailment, which may become acute or chronic, if not treated well. The old saying that is due to 'hurry, curry and worry' spoil the broth is mostly r
Published 27 Mar, 2006 12:00am
Freshwater shortages threaten environment too

Freshwater shortages threaten environment too

The growing shortage of freshwater is likely to trigger increased environmental damage over the next 15 years, according to a widely researched report on the world's waters released recently by United Nations Environmental Programme UNEP on World Water Da
Published 27 Mar, 2006 12:00am
Manure composting reduces greenhouse gas emissions

Manure composting reduces greenhouse gas emissions

Composting cow manure significantly reduces harmful greenhouse gases linked to global warming while also cutting back on its foul smell, according to a new Canadian study.
Published 27 Mar, 2006 12:00am
Serious efforts needed to make Pakistan Tuberculosis-free

Serious efforts needed to make Pakistan Tuberculosis-free

The World TB Day has been observed around the world including Pakistan on March 24. The health officials and experts renewed pledges in various seminars and workshops to wipe out this disease in the country.
Published 27 Mar, 2006 12:00am
HEALTH UPDATE: new eczema treatments on horizon

HEALTH UPDATE: new eczema treatments on horizon

New ways to treat skin conditions, which affect millions of people, could be on the way after a scientific discovery. Experts led by the University of Dundee have discovered the gene, which causes dry skin, leading to eczema and asthma.
Published 27 Mar, 2006 12:00am