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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-04-20
Pfizer profit jumps

Pfizer profit jumps

Pfizer Inc, the world's largest drug maker, on Wednesday reported higher-than-expected quarterly earnings, helped by lower costs, favourable taxes and the absence of big charges recorded last year for repatriating overseas profits.
Published 20 Apr, 2006 12:00am
Opec should set aside cheaper oil for poor: Iran

Opec should set aside cheaper oil for poor: Iran

Iran's President Mahmoud Ahmadinejad has called on oil producers, in particular fellow Opec members, to sell a part of their crude production to poor countries at "better prices", the ISNA news agency reported Wednesday.
Published 20 Apr, 2006 12:00am
Flexible yuan could help China fight inflation: WTO

Flexible yuan could help China fight inflation: WTO

The World Trade Organisation (WTO) on Wednesday stepped into the international tussle over China's exchange rate, saying looser controls could help Beijing fight inflation and avoid market distortions.
Published 20 Apr, 2006 12:00am
French current account deficit widens

French current account deficit widens

France sustained a pronounced expansion in its current account deficit in February when the shortfall corrected for seasonal variations came to 3.355 billion euros (4.14 billion dollars) after 362 million euros a year earlier, the finance ministry reporte
Published 20 Apr, 2006 12:00am
Coke quarterly profit rises

Coke quarterly profit rises

Coca-Cola Co, the world's biggest soft-drink maker, on Wednesday posted a 10 percent rise in quarterly profit boosted by its PowerAde sports drink and Dasani bottled water brands and strong growth in China, Russia and Turkey.
Published 20 Apr, 2006 12:00am
Coke quarterly profit rises

Coke quarterly profit rises

Coca-Cola Co, the world's biggest soft-drink maker, on Wednesday posted a 10 percent rise in quarterly profit boosted by its PowerAde sports drink and Dasani bottled water brands and strong growth in China, Russia and Turkey.
Published 20 Apr, 2006 12:00am
LG Electronics profit doubles

LG Electronics profit doubles

LG Electronics Inc topped forecasts with a doubling in its quarterly net profit on Wednesday, powered by its flat-screen operations, but it grappled with sliding margins on phones.
Published 20 Apr, 2006 12:00am
LG Electronics profit doubles

LG Electronics profit doubles

LG Electronics Inc topped forecasts with a doubling in its quarterly net profit on Wednesday, powered by its flat-screen operations, but it grappled with sliding margins on phones.
Published 20 Apr, 2006 12:00am
IBM net climbs

IBM net climbs

IBM, the world's biggest computer-services company, on Tuesday said quarterly profit rose 22 percent on lower costs and strong sales of advanced microprocessors for video game machines.
Published 20 Apr, 2006 12:00am
IBM net climbs

IBM net climbs

IBM, the world's biggest computer-services company, on Tuesday said quarterly profit rose 22 percent on lower costs and strong sales of advanced microprocessors for video game machines.
Published 20 Apr, 2006 12:00am
Oil costs growing concern for economy: IMF

Oil costs growing concern for economy: IMF

The impact of higher oil prices on the global economy is a growing concern, the International Monetary Fund said on Wednesday. "Looking ahead, limited excess capacity in the oil sector is likely to persist well beyond 2006 and prices will continue to be s
Published 20 Apr, 2006 12:00am
Taiwan stocks make strong gains

Taiwan stocks make strong gains

Taiwan stocks rallied to a 5-1/2 year high on Wednesday as the best gains in a year for US shares sparked hopes for solid growth potential for their technology product suppliers, such as High Tech Computer.
Published 20 Apr, 2006 12:00am
Chinese shares rally

Chinese shares rally

Chinese shares rose 0.84 percent on Wednesday to close at their highest level in more than 18 months as surging metal stocks helped extend the recent rally. The benchmark Shanghai composite index finished at 1,396.702 points, its highest close since Octob
Published 20 Apr, 2006 12:00am
Hong Kong shares finish 1.16 percent firmer

Hong Kong shares finish 1.16 percent firmer

Hong Kong blue chips finished up 1.16 percent at fresh 5-1/2 year highs on Wednesday, as property issues rode fading interest rate worries to 8-1/2-year highs and record metals prices boosted commodity companies.
Published 20 Apr, 2006 12:00am
US stocks fly as oil shares soar, rate fears fade

US stocks fly as oil shares soar, rate fears fade

The three major US stock indexes posted their best gains in a year on Tuesday, driven by a surge in energy shares after oil prices hit a record high and as the Fed eased concerns about rising interest rates.
Published 20 Apr, 2006 12:00am
Philippines shares close flat

Philippines shares close flat

Philippines share prices closed flat on Wednesday after a listless session marked by profit-taking in overbought stocks, dealers said. After opening higher following Wall Street's rally overnight, activity eased off as investors exercised caution with cru
Published 20 Apr, 2006 12:00am
US Treasuries jump on FOMC minutes

US Treasuries jump on FOMC minutes

US Treasury debt prices rose on Tuesday as minutes from the most recent Federal Reserve meeting gave a strong hint that the central bank is near an end to its program of interest rate hikes.
Published 20 Apr, 2006 12:00am
US Treasuries jump on FOMC minutes

US Treasuries jump on FOMC minutes

US Treasury debt prices rose on Tuesday as minutes from the most recent Federal Reserve meeting gave a strong hint that the central bank is near an end to its program of interest rate hikes.
Published 20 Apr, 2006 12:00am
Indian shares up

Indian shares up

Indian share prices closed at a record high Wednesday in volatile trading, with software and oil stocks gaining on domestic fund buying, dealers said. They said buying interest was strong in software company Wipro and generic drug company Ranbaxy on stron
Published 20 Apr, 2006 12:00am
Jakarta shares surge

Jakarta shares surge

Jakarta share prices closed 2.53 percent higher on Wednesday with the index ending at a record high for the fifth straight day as foreign investors continued to snap up blue chips, dealers said.
Published 20 Apr, 2006 12:00am
Singapore shares close up sharply at record high

Singapore shares close up sharply at record high

Singapore share prices closed at an all-time high on Wednesday as investors cheered reports of an end to US rate increases and ignored soaring oil prices, dealers said.
Published 20 Apr, 2006 12:00am
Nikkei advances as US rate hike fears ease

Nikkei advances as US rate hike fears ease

The Nikkei rose 0.68 percent on Wednesday as Canon Inc and other exporters climbed after US stocks posted their biggest gains in a year on expectations the US interest rate-hike cycle may be near an end.
Published 20 Apr, 2006 12:00am
Malaysian shares climb

Malaysian shares climb

Malaysian share price closed 0.57 percent higher on Wednesday due to buying in blue chips and buoyed by the overnight rally on Wall Street, dealers said.
Published 20 Apr, 2006 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 69.90/70.20 (previous 69.55/70.10). Call Money Rates: 16.00-37.00 percent (previous 15.00-38.00 percent.
Published 20 Apr, 2006 12:00am
Swiss franc gains as US rate hikes seen ending

Swiss franc gains as US rate hikes seen ending

The Swiss franc gained ground against the dollar in early European trade on Wednesday as the US currency was pressured by the view that a cycle of interest rate rises by the US Federal Reserve was coming to an end.
Published 20 Apr, 2006 12:00am
Chinese yuan posts strong gains as dollar retreats

Chinese yuan posts strong gains as dollar retreats

China's yuan posted one of its strongest single-day gains against the dollar on Wednesday, one day ahead of the Chinese president's White House summit, as the US currency retreated on global markets.
Published 20 Apr, 2006 12:00am
Dollar hits seven-month low versus euro

Dollar hits seven-month low versus euro

The dollar hit a seven-month low against the euro on Wednesday, extending losses made after minutes of the Federal Reserve's March meeting suggested the central bank was close to ending a two-year run of raising interest rates.
Published 20 Apr, 2006 12:00am
Dollar slides on soft US data, dovish Fed

Dollar slides on soft US data, dovish Fed

The dollar weakened on Tuesday as softer-than-expected US economic data and the minutes of last month's Federal Reserve policy-makers' meeting signalled that US monetary tightening is nearing its end.
Published 20 Apr, 2006 12:00am
Hong Kong dollar rises on robust stocks

Hong Kong dollar rises on robust stocks

The Hong Kong dollar crept higher on Wednesday, bolstered by a rally in the local stock market and a broad-based decline of the US dollar after minutes from the Federal Reserve's March meeting hinted interest rate increases may be near an end.
Published 20 Apr, 2006 12:00am
Asian currencies at multi-year peaks on US rate outlook

Asian currencies at multi-year peaks on US rate outlook

Five Asian currencies hit their highest level in years on Wednesday as the US dollar fell after minutes from the Federal Reserve's March meeting suggested US interest rates were close to a peak.
Published 20 Apr, 2006 12:00am
Australian dollar hurdles 74 cents to six-week high

Australian dollar hurdles 74 cents to six-week high

The Australian dollar hit a six-week high above 74 US cents on Wednesday, boosted by surging metals prices and negative sentiment towards the US dollar as markets anticipate a peak in US interest rates.
Published 20 Apr, 2006 12:00am
Coria battles from the brink to defeat Mathieu

Coria battles from the brink to defeat Mathieu

Guillermo Coria battled back from the brink against fragile Frenchman Paul-Henri Mathieu, with the Argentine sixth seed squeezing out a narrow 1-6, 7-6 (8/6), 6-4 victory into the third round of the Monte Carlo Open here on Wednesday.
Published 20 Apr, 2006 12:00am
Bangladesh struggling after Gillespie's double-ton

Bangladesh struggling after Gillespie's double-ton

Bangladesh were struggling to avoid an innings defeat on Wednesday after an astonishing double-century from Australian fast bowler Jason Gillespie in the second and final Test.
Published 20 Apr, 2006 12:00am
Ntini, Steyn bowl South Africa to victory

Ntini, Steyn bowl South Africa to victory

Makhaya Ntini completed his second successive ten-wicket haul as South Africa beat New Zealand by 128 runs on the fifth day of the first Test at Centurion Park here on Wednesday.
Published 20 Apr, 2006 12:00am
Besigye lawyers say treason witness flees Uganda

Besigye lawyers say treason witness flees Uganda

A judge halted Ugandan opposition leader Kizza Besigye's treason trial on Wednesday after the defence said a star prosecution witness they accused of being coached via a hidden radio had fled the country.
Published 20 Apr, 2006 12:00am
Hamas denies storing weapons in Jordan

Hamas denies storing weapons in Jordan

Hamas denied on Wednesday accusations by Jordan that the Islamic group had stored weapons on its territory and said it regretted Amman's cancellation of a visit by the Palestinian foreign minister.
Published 20 Apr, 2006 12:00am
Attacks mar Thai vote for new Senate

Attacks mar Thai vote for new Senate

Thais voted on Wednesday for a new Senate in an election marred by violence in the restive Muslim south and allegations of vote buying.
Published 20 Apr, 2006 12:00am
Bush press secretary quits, Rove ends policy role

Bush press secretary quits, Rove ends policy role

White House press secretary Scott McClellan announced his resignation on Wednesday and political adviser Karl Rove gave up his policy role in a shake-up of President George W. Bush's senior aides.
Published 20 Apr, 2006 12:00am
New urgency to curb Iran, says US official

New urgency to curb Iran, says US official

Russia said on Wednesday it wanted to refrain from taking action before a UN deadline set for Tehran to halt uranium enrichment expired, but a top US official believed other countries were inching towards action.
Published 20 Apr, 2006 12:00am
Nearly 20,000 people kidnapped in Iraq this year

Nearly 20,000 people kidnapped in Iraq this year

Nearly 20,000 people have been kidnapped in Iraq since the beginning of this year alone, according to a report Wednesday on violence in a country scarred by three years of conflict.
Published 20 Apr, 2006 12:00am
19 killed in Iraq; parliament to meet today

19 killed in Iraq; parliament to meet today

Iraq's parliament is to meet Thursday for only the second time since it was elected in December amid increasingly urgent calls from the international community to form a government and help quell raging violence.
Published 20 Apr, 2006 12:00am
Hu promotes closer ties on US trip

Hu promotes closer ties on US trip

Chinese President Hu Jintao touted deepening US-China ties as he prepared to tour a major US exporter on Wednesday before a White House summit expected to touch on trade frictions and Iran's nuclear programme.
Published 20 Apr, 2006 12:00am
World refugee system undermined by intolerance: UN

World refugee system undermined by intolerance: UN

Intolerance, terrorism fears and tighter asylum controls are undermining the international system for dealing with refugees, the UN high commissioner for refugees said here Wednesday.
Published 20 Apr, 2006 12:00am
Scientists find rivers under Antarctic ice

Scientists find rivers under Antarctic ice

Rivers as big as the Thames in England that may connect sub-glacial lakes have been found deep under the Antarctic ice, scientists said on Wednesday.
Published 20 Apr, 2006 12:00am
UN urges Lebanon to set borders, disband Hizb

UN urges Lebanon to set borders, disband Hizb

The United Nations urged Lebanon to set its borders with Syria and disband the Iranian and Syrian-backed Hizbollah militia so it can be master of its own nation, a call Hizbollah on Wednesday immediately rejected.
Published 20 Apr, 2006 12:00am
Italian court confirms Prodi win

Italian court confirms Prodi win

Italy's supreme court has confirmed Romano Prodi's razor-thin victory over Prime Minister Silvio Berlusconi in last week's general election, an Italian television news channel said on Wednesday.
Published 20 Apr, 2006 12:00am
Car bomber killed in Afghanistan; 2 Canadians hurt

Car bomber killed in Afghanistan; 2 Canadians hurt

A car bomb blew up as its driver tried to ram a US military convoy in Afghanistan on Wednesday, while in a separate incident, two Canadian soldiers were wounded in a roadside blast.
Published 20 Apr, 2006 12:00am
South Korea approves first woman Prime Minister

South Korea approves first woman Prime Minister

South Korea's parliament approved the country's first woman prime minister on Wednesday, a former activist and feminist leader once jailed for pro-democracy protests.
Published 20 Apr, 2006 12:00am
Bonds market splits, high-yield weakens

Bonds market splits, high-yield weakens

The European credit market diverged on Wednesday, with investment-grade corporate bonds holding on to gains made early in the session, but high-yield bonds drifting lower as US Treasuries came under pressure.
Published 20 Apr, 2006 12:00am
Bonds market splits, high-yield weakens

Bonds market splits, high-yield weakens

The European credit market diverged on Wednesday, with investment-grade corporate bonds holding on to gains made early in the session, but high-yield bonds drifting lower as US Treasuries came under pressure.
Published 20 Apr, 2006 12:00am
US Stocks: Wednesday's unofficial close

US Stocks: Wednesday's unofficial close

US stocks were little changed on Wednesday as disappointment surrounding new inflation data muted some of the optimism about strong profits from major companies.
Published 20 Apr, 2006 12:00am
Seoul shares at record high

Seoul shares at record high

Heavy foreign buying pushed Seoul shares to their third record high in four sessions on Wednesday, with exporters such as Samsung Electronics gaining on solid US earnings and on the prospect of an end to US interest rate increases.
Published 20 Apr, 2006 12:00am
UK's top share index sharply up

UK's top share index sharply up

Britain's FTSE 100 index closed strongly higher on Wednesday on expectations US interest rates will soon peak while Imperial Tobacco gained on merger speculation.
Published 20 Apr, 2006 12:00am
Indian rupee rises

Indian rupee rises

The rupee rose after Standard and Poor's (S&P) revised the outlook on India's rating to positive from stable, but gave up those gains after state banks bought dollars, possibly for the central bank, dealers said.
Published 20 Apr, 2006 12:00am
Sterling rises versus dollar and euro

Sterling rises versus dollar and euro

Sterling hit its highest in nearly three months against the dollar on Wednesday and rose versus the euro after slightly hawkish minutes from the Bank of England's April meeting cemented expectations for steady interest rates.
Published 20 Apr, 2006 12:00am
Dollar falls versus euro in London

Dollar falls versus euro in London

The dollar stayed close to a 7-month low hit against the euro on Wednesday, with weak sentiment persisting after minutes from the Federal Reserve's latest meeting signalled US interest rates were near their peak.
Published 20 Apr, 2006 12:00am
India level fund-raising series

India level fund-raising series

Skipper Rahul Dravid led from the front with a responsible 92 as India defeated Pakistan by 51 runs in the second and final one-day international of DLF Cup here on Wednesday to level the series 1-1.
Published 20 Apr, 2006 12:00am
Oman oil futures success hinges on Saudi support

Oman oil futures success hinges on Saudi support

Oman's endorsement of a new Middle East sour crude futures contract offers the best hope yet for an overhaul of Asia's beleaguered oil benchmark, although the true measure of its success lies not in Dubai but Riyadh.
Published 20 Apr, 2006 12:00am
Oil hits record $74 on Iran, US gasoline stocks

Oil hits record $74 on Iran, US gasoline stocks

Oil hit a record $74 a barrel Wednesday on fears Iran's intensifying dispute with the West may hit oil supplies and after US gasoline stocks dropped. London's Brent crude settled $1.22 higher at $73.73 a barrel after peaking at a record $74.
Published 20 Apr, 2006 12:00am
Poland set to approve gene crop ban

Poland set to approve gene crop ban

Poland's upper house of parliament may ban trade and plantings of genetically modified (GMO) seeds on Thursday and put Warsaw on a collision course with Brussels for endorsing a law that breaks EU rules.
Published 20 Apr, 2006 12:00am
New York cotton futures shade higher

New York cotton futures shade higher

Cotton futures finished with slight gains Wednesday in another session featuring the transfer of positions out of the spot month before deliveries begin next week, brokers said.
Published 20 Apr, 2006 12:00am
London sugar weakens

London sugar weakens

London white sugar futures closed weaker on speculative profit-taking on Wednesday after strong buying earlier in the session lost momentum and the oil market reversed direction and moved lower, traders said.
Published 20 Apr, 2006 12:00am
Copper and zinc slip

Copper and zinc slip

Copper closed lower on the London Metal Exchange (LME) on Wednesday after hitting a new record as fund buying and low inventories lifted early sentiment, traders said.
Published 20 Apr, 2006 12:00am
Precious metals race to new peaks in London

Precious metals race to new peaks in London

A weaker dollar and firmer oil prices kept up a blistering rally in precious metals prices on Wednesday, pushing gold and silver to 25- and 23-year highs respectively and lifting platinum to a new record peak.
Published 20 Apr, 2006 12:00am
US MIDDAY: coffee firms

US MIDDAY: coffee firms

US coffee futures gained just under 1 percent Wednesday, fuelled by light buying by independent brokers in an active session dominated by contract rollovers before the May delivery's first notice, traders said.
Published 20 Apr, 2006 12:00am
US MIDDAY: cocoa futures up

US MIDDAY: cocoa futures up

US cocoa futures finished on positive ground Wednesday, boosted by trade and speculative buying amid lingering dollar weakness, market sources said.
Published 20 Apr, 2006 12:00am
US MIDDAY: sugar lower

US MIDDAY: sugar lower

Raw sugar futures closed lower Wednesday on late sales by speculators and switch trade as commodity funds which spurred a rally Tuesday were largely absent from the pit for now, brokers said.
Published 20 Apr, 2006 12:00am
US MIDDAY: wheat down

US MIDDAY: wheat down

Wheat futures at the Chicago Board of Trade were lower at midmorning on Wednesday, bucking higher opening calls amid forecasts for rain this week and next week in the US Plains wheat belt, traders said.
Published 20 Apr, 2006 12:00am
US MIDDAY: corn steadies

US MIDDAY: corn steadies

Corn futures at the Chicago Board of Trade held firm early on Wednesday as outside markets continued to surge, with slow US corn seedings adding further support, traders said.
Published 20 Apr, 2006 12:00am
US MIDDAY: copper falls

US MIDDAY: copper falls

US copper futures were modestly lower in early choppy business on Wednesday as fund rollover out of the front-month May contract created a speculative buying opportunity on the price dip, sources said.
Published 20 Apr, 2006 12:00am
US MIDDAY: soyabeans plunge

US MIDDAY: soyabeans plunge

Soyabean futures at the Chicago Board of Trade fell early on Wednesday, setting back from a short-covering bounce Tuesday that pushed prices to a two-week high, traders said.
Published 20 Apr, 2006 12:00am
US MIDDAY: gold blasts to new 25-year high

US MIDDAY: gold blasts to new 25-year high

Gold futures in New York rallied to a quarter-century peak above $630 an ounce on Wednesday, and silver jumped over $14 for the first time since 1983, as high oil prices and a choppy US dollar accelerated inflow into precious metals as an alternative inve
Published 20 Apr, 2006 12:00am
'Rumours dangerous for poultry industry'

'Rumours dangerous for poultry industry'

Rumours are dangerous for poultry industry and for workers also which are almost 250,000, said Pakistan Poultry Association Convenor Dr M Afzal on Wednesday.
Published 20 Apr, 2006 12:00am
Comments sought from defence secretary in Sarki case

Comments sought from defence secretary in Sarki case

A division bench of High Court of Sindh (SHC) comprising Justice Sarmad Jalal Osmany and Justice Gulzar Ahmed on Wednesday sought comments from the Federal Defence Secretary in petition challenging alleged illegal detention of a political activist Dr Safd
Published 20 Apr, 2006 12:00am
Supreme Court orders Multan jail superintendent replacement

Supreme Court orders Multan jail superintendent replacement

A three-member bench of the Supreme Court on Wednesday, taking notice of non-implementation of its order, ordered Punjab's Inspector General of Prisons to replace the Superintendent of New Central Jail in Multan.
Published 20 Apr, 2006 12:00am
Bodies to monitor wheat procurement

Bodies to monitor wheat procurement

Special committees have been constituted to monitor the process of wheat procurement in Faisalabad. According to food department sources here on Wednesday.
Published 20 Apr, 2006 12:00am
Wheat buying in Sialkot, Narowal to start in two days

Wheat buying in Sialkot, Narowal to start in two days

All necessary arrangements have been finalised for the purchase of wheat in Sialkot and Narowal districts. The wheat purchase would be started within two days in both the districts.
Published 20 Apr, 2006 12:00am
PML leader gunned down

PML leader gunned down

Leaders of Pakistan Muslim League Rai Mansab Ali, MPA, Hafiz Iqbal Khakwani, Senator Syed Javed Ali Shah, and others have expressed their grief and sorrow on the assassination of Sardar Muhammad Gadhi, a leader of Muslim League and demanded immediate arre
Published 20 Apr, 2006 12:00am
Daska TMA accused of turning city into garbage dump

Daska TMA accused of turning city into garbage dump

Daska Tehsil Municipal Administration Daska has failed to improve cleanliness and sanitary conditions in the city, as a result of which the people are facing multifarious problems, including health.
Published 20 Apr, 2006 12:00am
Insect-resistant cotton variety evolved

Insect-resistant cotton variety evolved

National Institute for Biotechnology and Genetic Engineering (NIGBE), Faisalabad, has developed an insect-resistant cotton variety, which will reduce the national import bill of pesticides worth Rs 15 billion to half.
Published 20 Apr, 2006 12:00am
Seminary set on fire

Seminary set on fire

Unidentified miscreants set a religious seminary on fire resultantly garments of students, beds, furniture, copies of Holy Quran and other religious books and record reduced to ashes in Kehror Pucca some 90 km south-east of Multan on Tuesday. However no c
Published 20 Apr, 2006 12:00am
No room for corrupt in police force: DPO

No room for corrupt in police force: DPO

District Police Officer Muzaffargarh Rai Tahir has said that there was no room for corrupt, bad reputed, inefficient and lazy persons in police force and we are waging a crusade as per instructions of Punjab Chief Minister Chaudhry Pervaiz Elahi to change
Published 20 Apr, 2006 12:00am
'New farms to help double fish output'

'New farms to help double fish output'

The initiatives of Punjab government for establishment of new fish farms can help double fish production in Faisalabad, said Deputy Director Fisheries Muhammad Ashraf.
Published 20 Apr, 2006 12:00am
Government's size

Government's size

While referring to esteem daily, The Business Recorder, it was indeed very heartening to learn the views of Hafeez Sheikh, former minister for privatisation about the size of the government.
Published 20 Apr, 2006 12:00am
Education and health

Education and health

Education and health, indeed the slogan of every political party in our country, but none has worked seriously for it. For a mega city like Karachi, a few government hospitals and libraries built nearly 2 to 3 decades ago are not enough for today's need.
Published 20 Apr, 2006 12:00am
Pakistan Steel's privatisation

Pakistan Steel's privatisation

A lot of hue and cry has been raised about P.S.M. having been sold at a throwaway price. Suggesting that some hanky panky has been done behind the scenes. I, as an independent observer, have a different opinion.
Published 20 Apr, 2006 12:00am
Integrated Tax Management System

Integrated Tax Management System

Procedural simplification and prompt access to integrated data on taxpayers of all categories is the hallmark of an efficient taxation system, though we in Pakistan still lag considerably behind in this sector.
Published 20 Apr, 2006 12:00am
Musharraf's visit to the State Bank

Musharraf's visit to the State Bank

President Musharraf's first visit to the State Bank after Shamshad Akhtar took charge as Governor of the central bank from 1st January, 2006 turned out to be a good opportunity to review and appraise the monetary policy issues of the country.
Published 20 Apr, 2006 12:00am
PQP flays price-hike

PQP flays price-hike

The Central Executive Council of Pakistan Qaumi Party (PQP) in a meeting held here on Wednesday has criticised increase in prices of various commodities.
Published 20 Apr, 2006 12:00am
NWFP recommends promotion of 5463 officers, officials

NWFP recommends promotion of 5463 officers, officials

April 19- NWFP Departmental Selection Committee has so far recommended 5463 officers and officials from BPS-2 to BPS-21 for promotion with effect from January 1, 2003 to date, including 1852 officers in BPS-17 and above and 3611 below BPS-17.
Published 20 Apr, 2006 12:00am
AJK government offers land to Tusdec for SDCs

AJK government offers land to Tusdec for SDCs

The Government of Azad Jammu and Kashmir (AJK) has offered land to Technology Up-gradation and Skill Development Company (Tusdec) for setting up Skill Development Centers (SDCs) to train youth in the trades of furniture making, construction, tourism and h
Published 20 Apr, 2006 12:00am
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