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Print - 2006-04-05
Bonds: Cognis tightens on sale plan

Bonds: Cognis tightens on sale plan

Bonds of Germany's Cognis rose on Tuesday after the company said its owners would decide this year whether to list its shares or sell the specialty chemicals firm, potentially cutting its debt.
Published 05 Apr, 2006 12:00am
US Stocks: Tuesday's unofficial close

US Stocks: Tuesday's unofficial close

US stocks gained on Tuesday, boosted by shares of Dow component 3M Co, a drop in crude oil prices and a decline in bond yields. Diversified manufacturer 3M unveiled plans that could result in the sale of its drug unit, one of several potential corporate d
Published 05 Apr, 2006 12:00am
Seoul shares rise

Seoul shares rise

South Korean shares rose to their highest close in nine weeks on Tuesday as chip makers such as Hynix Semiconductor climbed on hopes of an earnings turnaround, while auto makers gained after reporting higher sales last month.
Published 05 Apr, 2006 12:00am
FTSE dips but holds above 6,000

FTSE dips but holds above 6,000

UK stocks fell on Tuesday as heavyweight oil shares and drug maker GlaxoSmithKline slipped, but utility Severn Trent leapt to a record high after announcing plans to sell its waste-disposal business.
Published 05 Apr, 2006 12:00am
Risk management the future game in commodities

Risk management the future game in commodities

Finding talented risk managers is the next big challenge to commodities funds as investors no longer need convincing on the asset class but want to minimise the risks historically associated with commodities.
Published 05 Apr, 2006 12:00am
Oil slips on expectations of rise in US supply

Oil slips on expectations of rise in US supply

Oil prices eased on Tuesday as investors focused on expectations of another rise in US crude inventories, a day after a flow of new fund money and supply concerns over Nigeria and Iran sent futures to a two-month high.
Published 05 Apr, 2006 12:00am
Nigeria offers cheap loans to farmers

Nigeria offers cheap loans to farmers

Nigeria has earmarked 50 billion naira ($388 million) for lending to farmers at 8 percent interest in a new step towards reviving its weak agricultural sector, the central bank said on Tuesday.
Published 05 Apr, 2006 12:00am
New York cotton futures shade higher

New York cotton futures shade higher

Cotton futures settled slightly firmer Tuesday in subdued dealings, with most players content to monitor the weather and crop conditions across the US cotton belt for leads on the next move, analysts said.
Published 05 Apr, 2006 12:00am
London sugar dips

London sugar dips

London white sugar futures closed lower after a session dominated by structural trades, Against Actuals (AAs) and speculative profit-taking on Tuesday, traders said.
Published 05 Apr, 2006 12:00am
Base metals down

Base metals down

London Metal Exchange (LME) prices ended the kerb in negative terrain as investors paused after Monday's rally, but sentiment remained upbeat as supply disruptions could trigger another upside run, analysts said. "It has been quiet, copper traded in a ver
Published 05 Apr, 2006 12:00am
European gold prices drift lower

European gold prices drift lower

Gold edged lower in late European trade on Tuesday with funds and investors keeping the next big target of $600 an ounce within short range. Market players remained bullish about the metal, which rose to a new 25-year high of $591.50 on Monday.
Published 05 Apr, 2006 12:00am
US MIDDAY: coffee futures sag

US MIDDAY: coffee futures sag

Benchmark coffee futures ended down 2.2 percent Tuesday, pressured by weak technical signals after speculators failed to nudge the active contract above the previous session's peak trade, market sources said.
Published 05 Apr, 2006 12:00am
US MIDDAY: cocoa futures falter

US MIDDAY: cocoa futures falter

Cocoa futures sagged on Tuesday, depressed by speculative profit-taking and fund selling after the benchmark contract marked its highest trade in nearly three weeks, traders said.
Published 05 Apr, 2006 12:00am
US MIDDAY: sugar easier

US MIDDAY: sugar easier

Raw sugar futures finished easier Tuesday on late speculative sales while switch business was featured from players moving positions out of the spot contract before it expires at month's end, brokers said.
Published 05 Apr, 2006 12:00am
US MIDDAY: corn falls

US MIDDAY: corn falls

Corn futures at the Chicago Board of Trade were lower early on Tuesday on quiet exports and signs that the market is technically overbought, traders said.
Published 05 Apr, 2006 12:00am
US MIDDAY: wheat down

US MIDDAY: wheat down

Wheat futures at the Chicago Board of Trade were mostly lower at midsession on Tuesday, with pressure from improved weekly crop ratings for US winter wheat states limiting early advances, traders said.
Published 05 Apr, 2006 12:00am
US MIDDAY: copper rebounds

US MIDDAY: copper rebounds

Light speculative selling pressured US copper futures at the open Tuesday, but the losses were limited and prices managed to extend their recent rally, with tight market conditions continuing to offer support, sources said.
Published 05 Apr, 2006 12:00am
US MIDDAY: soyabeans lower

US MIDDAY: soyabeans lower

Soyabean futures at the Chicago Board of Trade were lower at midday on Tuesday after pit trading resumed following a 40-minute halt, traders said. At 11:53 am CDT (1653 GMT), CBOT soya was down 3 to 6-1/2 cents per bushel, with May down 4 cents at $5.61.
Published 05 Apr, 2006 12:00am
US MIDDAY: gold backtracks

US MIDDAY: gold backtracks

US gold futures pulled back early on Tuesday, a day after striking a 25-year peak, as the market consolidated in light volume after Monday's failed attempt to reach $600 an ounce, traders said.
Published 05 Apr, 2006 12:00am
Launch loaded with foreign liquor seized

Launch loaded with foreign liquor seized

Pakistan Coast Guards seized a launch loaded with foreign liquor near Ormara, Balochistan in Tuesday wee hours. The PCG officials on routine sea patrolling at night observed a suspicious launch.
Published 05 Apr, 2006 12:00am
Design of value addition city

Design of value addition city

Faisalabad Industrial Estate Management and Development Company (FIEDMC) will engage consultants for the proper landscaping of Value Addition City (VAC).
Published 05 Apr, 2006 12:00am
Xinjiang-Pakistan rail link plan under study

Xinjiang-Pakistan rail link plan under study

Governor of the Xinjiang Uyger, autonomous region of China, Ismail Tiliwaldi has said his government will establish rail link with Pakistan to expand the avenues of bilateral co-operation in socio-economic sectors.
Published 05 Apr, 2006 12:00am
Crocker hails Pakistan's efforts for world peace

Crocker hails Pakistan's efforts for world peace

American Ambassador to Pakistan Ryan C. Crocker has said that joint efforts of Pakistan and US for international peace are highly praiseworthy. He expressed these views during a meeting with Punjab Chief Minister Chaudhry Pervaiz Elahi here on Monday. Ame
Published 05 Apr, 2006 12:00am
Shaukat arrives in New York

Shaukat arrives in New York

Prime Minister Shaukat Aziz arrived here on Tuesday on a three-day official visit to co-chair the UN panel meeting. He was received at the airport by Pakistan's ambassador to the United States of America General Jehangir Karamat (Retd), Pakistan's permane
Published 05 Apr, 2006 12:00am
Shaukat arrives in New York

Shaukat arrives in New York

Prime Minister Shaukat Aziz arrived here on Tuesday on a three-day official visit to co-chair the UN panel meeting. He was received at the airport by Pakistan's ambassador to the United States of America General Jehangir Karamat (Retd), Pakistan's permane
Published 05 Apr, 2006 12:00am
China hopes Musharraf to attend SCO summit

China hopes Musharraf to attend SCO summit

China hoped that President Pervez Musharraf will attend the summit of Shanghai Co-operation Organisation (SCO) that is scheduled to take place in Shanghai in June.
Published 05 Apr, 2006 12:00am
ADB proposes setting up of feed lots in Thatta

ADB proposes setting up of feed lots in Thatta

The Asian Development Bank (ADB) has proposed to establish feed lots for cattle head in Thatta to boost livestock in rural areas. This was stated in a meeting of ADB delegation with District Co-ordination Officer (DCO) and other district officials concern
Published 05 Apr, 2006 12:00am
Hiring former servicemen in education department opposed

Hiring former servicemen in education department opposed

The Awaz Foundation Pakistan (AFP) has strongly opposed the appointment of 800 retired army officials as monitoring officers in the education department, and 50 as district patrolling police officers.
Published 05 Apr, 2006 12:00am
April fool

April fool

April One is considered a fool's day.We are living in an Islamic country and being a Muslim it's our duty not to celebrate such types of days which are not in accord with our religious tradition.
Published 05 Apr, 2006 12:00am
Promotions in PIA

Promotions in PIA

This is with reference to the letter printed in the Business Recorder on 24th March 2006, under the title "Promotions in national airline." It is not correct for the writer to state that PIA is flouting the laid down criteria for promotions of empl
Published 05 Apr, 2006 12:00am
Hercules

Hercules

I confess being a novice in the art of politics, as practised in our 'enlightened' country, where cash, plots and undue favours reign supreme in the majority of the cases to attain and retain power. Some of our so-called 'politicos' have turned it into an
Published 05 Apr, 2006 12:00am
Scared Palestinians try to flee Iraq

Scared Palestinians try to flee Iraq

"Palestinians are traitors and partisans of Saddam Hussein," reads the flyer signed by the Brigades of Judgement Day, giving Palestinians 10 days to leave their western Baghdad neighbourhood or face death.
Published 05 Apr, 2006 12:00am
Farm tax: ignorance around a myth

Farm tax: ignorance around a myth

Agriculture presently contributes around 23 percent of GDP (in FY 50 agriculture was 53.2%, industry was 9.6% and services were 37.2%). However, generally speaking, Pakistan is still being dubbed as an agricultural country even by many 'educated' persons,
Published 05 Apr, 2006 12:00am
Backtracking on Ogra's role?

Backtracking on Ogra's role?

The government's decision, announced with full fanfare on March 2, that oil price fixing powers would be transferred from OCAC to Ogra from April 1, has apparently run aground. Petroleum Ministry sources, quoted in a Recorder Report, have disclosed that i
Published 05 Apr, 2006 12:00am
Privatisation process and proceeds

Privatisation process and proceeds

The long awaited privatisation of the Pakistan Steel Mills Company (PSMC) was completed last week when the entity went to the highest bidder, a consortium led by a Saudi business group, Al Tuwairqi, which also includes Magnitogorsk Iron and Steel Works of
Published 05 Apr, 2006 12:00am
'Femina expo-2006 to benefit women'

'Femina expo-2006 to benefit women'

Pakistani business women had a potential and ability to compete in the international emerging markets, adding that exhibitions like Femina Expo-2006 would be beneficiary for such women in increasing their awareness. This was stated by S M Munir, a renowne
Published 05 Apr, 2006 12:00am
UIC launches two more insurance plans

UIC launches two more insurance plans

United Insurance Company Pakistan has launched two more international standard products by the name of Travel Guard and Health Guard. The new insurance plans provide comprehensive and economical coverage in areas of overseas travel and group medical insur
Published 05 Apr, 2006 12:00am
Soomro for joint ventures in banking sector with Sri Lanka

Soomro for joint ventures in banking sector with Sri Lanka

Senate Chairman Mohammadmian Soomro has said possibilities of joint ventures between Pakistan and Sri Lanka in the banking sector should be explored to increase trade between the two countries. He expressed these views during a meeting with Sri Lankan Pre
Published 05 Apr, 2006 12:00am
Siraj links peace in South Asia with Kashmir solution

Siraj links peace in South Asia with Kashmir solution

NWFP Senior Minister and Provincial Jamaat-i-Islami (JI) Amir Siraj-ul-Haq has said that peace is impossible in South Asia without resolving Kashmir issue while leadership of both Pakistan and India should keep in mind that this imbroglio can only be sett
Published 05 Apr, 2006 12:00am
Budget proposals: WT levy on import value of goods sans sales tax: KCCI

Budget proposals: WT levy on import value of goods sans sales tax: KCCI

The Karachi Chamber of Commerce and Industry (KCCI) has proposed that withholding tax on imports should be calculated on the value of goods, excluding sales tax, at customs stage, and not the duty paid value by amending section 148(9) of Income Tax Ordina
Published 05 Apr, 2006 12:00am
FNEL TFC gets 'A-' rating

FNEL TFC gets 'A-' rating

JCR-VIS Credit Rating Company Ltd, after reviewing the legal documents, has finalised the medium to long-term rating of 'A-' (Single A Minus) for the proposed secured and listed 'Term Finance Certificate' (TFC) of Rs 400 million to be issued by the First
Published 05 Apr, 2006 12:00am
FNEL TFC gets 'A-' rating

FNEL TFC gets 'A-' rating

JCR-VIS Credit Rating Company Ltd, after reviewing the legal documents, has finalised the medium to long-term rating of 'A-' (Single A Minus) for the proposed secured and listed 'Term Finance Certificate' (TFC) of Rs 400 million to be issued by the First
Published 05 Apr, 2006 12:00am
Five Lashkar men sentenced to death

Five Lashkar men sentenced to death

Five alleged activists of banned outfit, Lashkar-e-Jhangvi, were sentenced to death here on Tuesday in prisoners van attack case. They were also fined and ordered to pay compensation to the heirs of the deceased and to the injured.
Published 05 Apr, 2006 12:00am
Hearing put off

Hearing put off

The special anti-terrorism court adjourned till April 15, the hearing in a petition filed by Asif Ali Zardari former senator and husband of former Prime Minister Ms Benazir Bhutto praying to the court to exempt him from appearing before the court.
Published 05 Apr, 2006 12:00am
LHC bench reconstituted

LHC bench reconstituted

The Chief Justice of the Lahore High Court (LHC) has reconstituted a bench to dispose of the bail matter of Punjab PML-N Secretary Zaeem Qadri and PML-N MNA Khawaja Saad Rafiq. The bench headed by M. Bilal Khan will proceed with the bail matter of the app
Published 05 Apr, 2006 12:00am
Engineers concerned over sell-off process

Engineers concerned over sell-off process

Leading engineers of Pakistan have expressed their reservations over the ongoing privatisation process specially that of high-tech national engineering concerns such as Pakistan Telecommunication Company Limited (PTCL), Karachi Electric Supply Corporation
Published 05 Apr, 2006 12:00am
Peshawar to have model educational city

Peshawar to have model educational city

Establishment of a model educational city in Peshawar is a dream of the MMA government and in order to materialise this dream, the provincial cabinet had already deliberated upon it and practical work would be launched soon in this regard.
Published 05 Apr, 2006 12:00am
Sarhad Chamber for max 20 percent income tax

Sarhad Chamber for max 20 percent income tax

The Sarhad Chamber of Commerce and Industry (SCCI) has proposed to fix 20 percent maximum marginal rate of tax for both individual and corporate tax payers, without any surcharge or cess in any form, in the country's budget for 2006-07.
Published 05 Apr, 2006 12:00am
LHC disposes of petition

LHC disposes of petition

The Lahore High Court (LHC) disposed of a petition filed by a member of the Lahore High Court Bar Association (LHCBA) against Qudrat Ullah printing and publishing company.
Published 05 Apr, 2006 12:00am
French team lauds education reforms plan in Punjab

French team lauds education reforms plan in Punjab

A 10-member delegation of the French Senate's Commission on Foreign Affairs and Defence, headed by Jean Francois Poncert, called on Punjab Local Government, Law and Public Prosecution Minister Muhammad Basharat Raja, here on Tuesday.
Published 05 Apr, 2006 12:00am
Khalid assures support to poultry industry

Khalid assures support to poultry industry

The Governor Punjab, Lieutenant-General Khalid Maqbool (Retd) has said that the government would give a sympathetic consideration to the poultry association's suggestion of lifting ban on serving one-dish at wedding ceremonies.
Published 05 Apr, 2006 12:00am
Khalid meets Nipa course participants

Khalid meets Nipa course participants

Punjab Governor Lieutenant-General Khalid Maqbool (Retd) met 49 participants of Advance Course in Public Sector Management at premises of National Institute of Public Administration (Nipa) here on Tuesday.
Published 05 Apr, 2006 12:00am
Tevta plans training centres at Deeni Madaris

Tevta plans training centres at Deeni Madaris

Technical Education and Vocational Training Authority (Tevta) has geared up efforts to finalise the PC-1 for the establishment of as many as 30 technical training centres at Deeni Madaris throughout Punjab.
Published 05 Apr, 2006 12:00am
'Only political leadership can safeguard country'

'Only political leadership can safeguard country'

Former Punjab governor and a PPPP leader Malik Ghulam Mustafa Khar has said that only political leadership can safeguard the country, and asked the President of Pakistan to allow Benazir Bhutto and Mian Muhammad Nawaz Sharif to come back to the country.
Published 05 Apr, 2006 12:00am
Railways to set up container terminal at Lahore dry port

Railways to set up container terminal at Lahore dry port

Pakistan Railways (PR) has signed an agreement with Mega Tech (pvt.) Ltd, under which the later would establish a state-of-the-art 'container terminal' at Lahore Dry Port, Mughalpura through joint venture with private sector.
Published 05 Apr, 2006 12:00am
World Bank team due today

World Bank team due today

A World Bank (WB) team will be visiting the provincial metropolis from April 5 to 12, to hold deliberations with the high-ups of the provincial government for extending loans to the provincial government.
Published 05 Apr, 2006 12:00am
Punjab University vice-chancellor inaugurates zoology congress

Punjab University vice-chancellor inaugurates zoology congress

Punjab University vice-chancellor Arshad Mahmood on Tuesday inaugurated the 26th All Pakistan Congress of Zoology. Speaking on the occasion, Arshad said that Pakistan is basically an agricultural country where two third of its 135 million population is de
Published 05 Apr, 2006 12:00am
Minister assures more funds for education

Minister assures more funds for education

Provincial Minister for Finance Hasnain Bahadur Dreshak has said that in the fiscal year 2005-06, the government would further increase the allocation for education sector.
Published 05 Apr, 2006 12:00am
'Lahore-Sialkot motorway to boost Punjab's economy'

'Lahore-Sialkot motorway to boost Punjab's economy'

Punjab Chief Minister Chaudhry Perviaz Elahi, while announcing the construction of motorway from Sialkot to Lahore in a Punjab Cabinet meeting on Tuesday, has said that this six-lane motorway, which would be completed during 2007, between two important in
Published 05 Apr, 2006 12:00am
Lesco assures smooth power supply in summer

Lesco assures smooth power supply in summer

The Lahore Electric Supply Company (Lesco) is geared up to ensure uninterrupted power supply to all consumers - domestic and industrial - during the current summer season.
Published 05 Apr, 2006 12:00am
Drought, poor agriculture yield main cause of mass migration

Drought, poor agriculture yield main cause of mass migration

In many areas of rural development, Pakistan lags behind its Asian neighbours with fewer natural resources. Drought and the poor performance of crops and livestock often force rural people to migrate at least temporarily to the cities.
Published 05 Apr, 2006 12:00am
HEC aptitude test for scholarships on April 9

HEC aptitude test for scholarships on April 9

The Higher Education Commission (HEC) will hold an aptitude test for award of scholarships at B.Sc./B.Sc. (Hons) and M.Sc levels on April 9 under the Talent farming scheme.
Published 05 Apr, 2006 12:00am
Transfers and postings

Transfers and postings

The Lahore High Court chief justice has made following postings and transfers amongst the civil judges/ judicial magistrates, in the public interest, with immediate effect.
Published 05 Apr, 2006 12:00am
Wheat procurement to start from April 20

Wheat procurement to start from April 20

Punjab Food Department (PDF) will start wheat procurement from April 20 in the province and continue to buy till the last grain at the support price of Rs 415 per 40 kilogram.
Published 05 Apr, 2006 12:00am
Improved health facilities being provided to masses: minister

Improved health facilities being provided to masses: minister

Minister of State for Information and Broadcasting Senator Anisa Zeb Tahirkheli has said the government was spending billions of rupees on the provision of improved health and education facilities to masses at their doorstep in the country.
Published 05 Apr, 2006 12:00am
LHC issues stay order in Asif Zardari and Benazir Bhutto case

LHC issues stay order in Asif Zardari and Benazir Bhutto case

Lahore High Court, after accepting the appeal of Asif Ali Zardari and Benazir Bhutto for regular hearing, has issued stay order against the judgement of Accountability Court No 4 of Rawalpindi and ordered all concerned not to implement on the Accountabili
Published 05 Apr, 2006 12:00am
Saudi audit team briefed on CBR working

Saudi audit team briefed on CBR working

A delegation of Saudi Arabia, headed by Osama Jafar Faquih, President of General Auditing Bureau (GAB), on Tuesday visited the Central Board of Revenue (CBR) to discuss matters pertaining to audit, accountability and tax-related issues, including revampin
Published 05 Apr, 2006 12:00am
PAC takes note of PSMC sell-off at 'throwaway price'

PAC takes note of PSMC sell-off at 'throwaway price'

A subcommittee of Public Accounts Committee (PAC) on Tuesday took strong exception to privatisation of Pakistan Steel Mills Corporation (PSMC) at "throwaway price", and termed the sell-off of the profit-making state-owned institutions as an erroneous step
Published 05 Apr, 2006 12:00am
US begins training of counter-terrorism experts

US begins training of counter-terrorism experts

Counter-terrorism and anti-money laundering experts from South Asian nations began training with the US experts in Colombo on Tuesday, the US Embassy said.
Published 05 Apr, 2006 12:00am
More Pakistanis claim illegal abduction in Greece

More Pakistanis claim illegal abduction in Greece

Three more Pakistanis stepped forward on Tuesday with claims they were illegally abducted and interrogated in Greece after last year's London bombings, bringing the total to 15, their lawyer said.
Published 05 Apr, 2006 12:00am
Tehsin transferred as Enercon managing director

Tehsin transferred as Enercon managing director

The government has transferred Privatisation Secretary Tehsin Khan Iqbal with immediate effect, and assigned its additional charge to Farrakh Qayyum. Farrakh is currently holding the post of IT Secretary.
Published 05 Apr, 2006 12:00am
The Weather

The Weather

The weather report on Tuesday (April 04, 2006) and the forecast for Wednesday (April 05, 2006).
Published 05 Apr, 2006 12:00am
CBR transfers and postings

CBR transfers and postings

The Central Board of Revenue (CBR) on Tuesday ordered transfers of three senior tax officials, with immediate effect. Shahid Hussain Asad, a BS-20 officer of Income Tax Group, presently posted as Commissioner of Income Tax (Legal), Central Region, Multan,
Published 05 Apr, 2006 12:00am
New York cotton

New York cotton

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

Published 05 Apr, 2006 12:00am
'Golden Arrow' Fund assigned five-star rating

'Golden Arrow' Fund assigned five-star rating

JCR-VIS Credit Rating Company Ltd (JCR-VIS) has assessed fund performance ranking of 'Golden Arrow Selected Stocks Fund Limited' (GASFL) for the period ended December 31, 2005, at 'MFR 5-Star', which denotes 'very good performance' vis-à-vis other closed-
Published 05 Apr, 2006 12:00am
New York cotton

New York cotton

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

Published 05 Apr, 2006 12:00am
'Golden Arrow' Fund assigned five-star rating

'Golden Arrow' Fund assigned five-star rating

JCR-VIS Credit Rating Company Ltd (JCR-VIS) has assessed fund performance ranking of 'Golden Arrow Selected Stocks Fund Limited' (GASFL) for the period ended December 31, 2005, at 'MFR 5-Star', which denotes 'very good performance' vis-à-vis other closed-
Published 05 Apr, 2006 12:00am
Local leaders join PML

Local leaders join PML

Expressing their full confidence over the government policies and the central leadership of Pakistan Muslim League (PML-Q), more than 14 local leaders along with hundreds of supporters of union council Pedial Kuder (PP-7) have joined the party.
Published 05 Apr, 2006 12:00am
Faysal Income gets fund stability rating

Faysal Income gets fund stability rating

JCR-VIS Credit Rating Company Ltd (JCR-VIS) has assigned fund stability rating of 'A+(f)', indicating 'moderate degree of stability in Net Asset Value' to Faysal Income & Growth Fund (FIGF).
Published 05 Apr, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 04, 2006).

Published 05 Apr, 2006 12:00am
Faysal Income gets fund stability rating

Faysal Income gets fund stability rating

JCR-VIS Credit Rating Company Ltd (JCR-VIS) has assigned fund stability rating of 'A+(f)', indicating 'moderate degree of stability in Net Asset Value' to Faysal Income & Growth Fund (FIGF).
Published 05 Apr, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 04, 2006).

Published 05 Apr, 2006 12:00am
Pension of NBP employees increased

Pension of NBP employees increased

The board of directors of National Bank of Pakistan (NBP) have approved up to 20 percent increase in pension to the retired employees. Those who have retired on or before December 31, 2001 will get an increase of 20 percent while those who retired by Dece
Published 05 Apr, 2006 12:00am
PTCL wins award for promoting horticulture

PTCL wins award for promoting horticulture

Pakistan Telecommunication Company Limited (PTCL), which participated in the horticulture festival, has won second prize for promoting horticulture activities in the capital by the Islamabad Horticulture Society.
Published 05 Apr, 2006 12:00am
Pollution and diseases: Blair informed of Pakistani's woes

Pollution and diseases: Blair informed of Pakistani's woes

Pakistanis, settled abroad, seem to be more concerned about the environmental pollution and diseases that claim hundreds of lives each day than the local people who live here and have immediate stakes in the cities they live in.
Published 05 Apr, 2006 12:00am
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