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Print - 2006-04-22
Ford posts $1.2 billion loss

Ford posts $1.2 billion loss

Ford Motor Co on Friday reported its biggest quarterly loss in over four years as it took $2.5 billion in charges for job cuts and plant closings at the start of a massive restructuring effort.
Published 22 Apr, 2006 12:00am
Garment exports target in jeopardy

Garment exports target in jeopardy

The country's readymade garments' export target of $3,252 million for the current fiscal year 2005-06 is in jeopardy mainly due to the tough competition in the international market and increased cost of doing business locally, trade sources told Busine
Published 22 Apr, 2006 12:00am
McDonald's profit meets view

McDonald's profit meets view

McDonald's Corp on Friday said quarterly profit met its recent forecast as strong US breakfast sales and an improved European business boosted revenue, though net income fell 14 percent due to a large year-earlier gain.
Published 22 Apr, 2006 12:00am
Musharraf for expediting water purification plants

Musharraf for expediting water purification plants

President General Pervez Musharraf has directed accelerating setting up of drinking water purification plants in the country as it would not only result in prevention of a number of water-borne diseases but also provide good healthy environment along with
Published 22 Apr, 2006 12:00am
McDonald's profit meets view

McDonald's profit meets view

McDonald's Corp on Friday said quarterly profit met its recent forecast as strong US breakfast sales and an improved European business boosted revenue, though net income fell 14 percent due to a large year-earlier gain.
Published 22 Apr, 2006 12:00am
Musharraf for expediting water purification plants

Musharraf for expediting water purification plants

President General Pervez Musharraf has directed accelerating setting up of drinking water purification plants in the country as it would not only result in prevention of a number of water-borne diseases but also provide good healthy environment along with
Published 22 Apr, 2006 12:00am
Foreign doctors protest UK work permit plan

Foreign doctors protest UK work permit plan

Overseas doctors, mainly from the Indian sub-continent, demonstrated outside the Department of Health in London on Friday to protest against new rules forcing them to leave Britain.
Published 22 Apr, 2006 12:00am
US urges ban on military sales to Iran

US urges ban on military sales to Iran

The United States, acknowledging the tough task it faces to slap UN sanctions on Iran, urged Friday an embargo on military sales to Tehran for its suspected bid to develop nuclear weapons.
Published 22 Apr, 2006 12:00am
Google results outpace estimates

Google results outpace estimates

Web search leader Google Inc on Thursday returned to form by beating Wall Street expectations with a 79 percent jump in revenue tied to taking market share gains from rivals such as Yahoo Inc.
Published 22 Apr, 2006 12:00am
Google results outpace estimates

Google results outpace estimates

Web search leader Google Inc on Thursday returned to form by beating Wall Street expectations with a 79 percent jump in revenue tied to taking market share gains from rivals such as Yahoo Inc.
Published 22 Apr, 2006 12:00am
EU and US swap blame for WTO impasse

EU and US swap blame for WTO impasse

The European Union and the United States blamed each other on Friday for a stalemate in global trade talks which has put beyond reach an end-April deadline for a key deal on farm and industrial goods.
Published 22 Apr, 2006 12:00am
Taiwan stocks decline as banks fall

Taiwan stocks decline as banks fall

Taiwan stocks edged down 0.14 percent from a 5-1/2-year high on Friday as profit-taking kicked in late in day, but flat panel maker AU Optronics led some tech shares higher.
Published 22 Apr, 2006 12:00am
Chinese shares end at 18-month high

Chinese shares end at 18-month high

Chinese shares rose 2.23 percent on Friday to close at their highest level in more than 18 months, led by a more than 7 percent jump in oil giant Sinopec Corp, which was buoyed by high oil prices.
Published 22 Apr, 2006 12:00am
Hong Kong shares drift lower

Hong Kong shares drift lower

Hong Kong stocks ended down 0.19 percent on Friday as the week's successive gains triggered profit-taking, but developers such as Sun Hung Kai (SHK) Properties Ltd outperformed to push real estate shares to fresh eight-year highs.
Published 22 Apr, 2006 12:00am
Dow closes at six-year high, Google soars after bell

Dow closes at six-year high, Google soars after bell

The Dow Jones industrial average ended at the highest level in six years on Thursday as encouraging quarterly reports from companies such as General Motors Corp increased optimism about earnings.
Published 22 Apr, 2006 12:00am
South Korean shares hit record high

South Korean shares hit record high

South Korean shares hit a record high on Friday as technology firms such as Samsung Electronics rose on expectations for a recovery in second-half profits, with gains underpinned by improving global corporate earnings.
Published 22 Apr, 2006 12:00am
US Treasuries dip listlessly, clutching for Fed clues

US Treasuries dip listlessly, clutching for Fed clues

US Treasury debt prices eased modestly on Thursday as investors resigned themselves to the prospect of further interest rate rises and the latest data did little to alter their views.
Published 22 Apr, 2006 12:00am
US Treasuries dip listlessly, clutching for Fed clues

US Treasuries dip listlessly, clutching for Fed clues

US Treasury debt prices eased modestly on Thursday as investors resigned themselves to the prospect of further interest rate rises and the latest data did little to alter their views.
Published 22 Apr, 2006 12:00am
Thai shares move down

Thai shares move down

Thai share prices closed 0.19 percent lower on Friday on profit-taking after rising to a two-year high as softer oil prices led the key energy-linked stocks down, dealers said.
Published 22 Apr, 2006 12:00am
JGBs rebound on short-covering after jerky trade

JGBs rebound on short-covering after jerky trade

Japanese government bond (JGB) prices bounced back sharply on Friday, with benchmark futures erasing losses made in the morning session, as market players covered short positions ahead of the weekend.
Published 22 Apr, 2006 12:00am
JGBs rebound on short-covering after jerky trade

JGBs rebound on short-covering after jerky trade

Japanese government bond (JGB) prices bounced back sharply on Friday, with benchmark futures erasing losses made in the morning session, as market players covered short positions ahead of the weekend.
Published 22 Apr, 2006 12:00am
Nikkei rises on earnings hopes, small-caps drop

Nikkei rises on earnings hopes, small-caps drop

The Nikkei average ended up 0.50 percent on Friday as hopes for strong earnings lifted Sony Corp and other blue chip shares, while Kyocera Corp and cellphone-related shares rang up gains on growing demand.
Published 22 Apr, 2006 12:00am
Indian shares ease as Satyam disappoints

Indian shares ease as Satyam disappoints

Indian shares eased a touch in choppy trade on Friday amid selling a day after the benchmark index crossed 12,000 for the first time, while investors await quarterly earnings from key companies next week.
Published 22 Apr, 2006 12:00am
Swiss franc slips against dollar

Swiss franc slips against dollar

The Swiss franc lost ground against the dollar in early trading on Friday, as the US currency continued to rebound from two-month lows earlier in the week, boosted by positive business conditions data.
Published 22 Apr, 2006 12:00am
Developing states for political will to save Doha round

Developing states for political will to save Doha round

Finance ministers from developing countries called on Friday for renewed political commitment by rich and poor nations to salvage critical global trade liberalisation talks that are currently foundering.
Published 22 Apr, 2006 12:00am
Membership must decide on Hamas: IMF

Membership must decide on Hamas: IMF

International Monetary Fund chief Rodrigo Rato said on Thursday it was up to IMF member countries to decide how it should proceed with the Hamas-led Palestinian Authority.
Published 22 Apr, 2006 12:00am
China must let market determine forex: IMF

China must let market determine forex: IMF

China is not yet allowing market forces to freely determine the value of its currency following the revaluation of the yuan currency last year, International Monetary Fund Managing Director Rodrigo Rato said on Thursday.
Published 22 Apr, 2006 12:00am
Japan still wants flexible yuan

Japan still wants flexible yuan

Japan wants China to make its yuan currency flexible, its top government spokesman said on Friday, but Prime Minister Junichiro Koizumi noted that it was up to China to decide how to reform the yuan regime.
Published 22 Apr, 2006 12:00am
Chinese yuan slips as Hu stonewalls US pressure

Chinese yuan slips as Hu stonewalls US pressure

China's yuan slipped against the dollar on Friday as traders shifted to expecting a slower rate of appreciation after Chinese President Hu Jintao gave no hope in Washington to those pushing for a dramatic revaluation.
Published 22 Apr, 2006 12:00am
Dollar holds ground after recovery from seven-month low

Dollar holds ground after recovery from seven-month low

The dollar steadied on Friday after upbeat US economic figures and a dramatic sell-off in the gold market helped the currency recover from a battering on expectations that US interest rates will soon stop rising.
Published 22 Apr, 2006 12:00am
Dollar rebounds after sharp losses this week

Dollar rebounds after sharp losses this week

The dollar rallied on Thursday, as investors pared recently overextended bets against the currency, helped modestly by US economic data that were not as bad as markets had feared.
Published 22 Apr, 2006 12:00am
Asian currencies: Hu's US visit disappoints

Asian currencies: Hu's US visit disappoints

China's yuan slipped in offshore forwards on Friday and some Asian regionals fell after being sold by speculators disappointed with Chinese President Hu Jintao's comments on the currency during his US visit.
Published 22 Apr, 2006 12:00am
Hong Kong dollar steady

Hong Kong dollar steady

The overnight interbank rate in Hong Kong rose to the highest in nearly a month on Friday due to large amounts of funds being tied up by massive interest in initial public offerings (IPOs) of stock.
Published 22 Apr, 2006 12:00am
Canada gain solitary goal win over China

Canada gain solitary goal win over China

Canada gained a solitary goal victory over China in the World Cup qualifying hockey tournament at Changzhou (China) on Friday according to information made available by the International Hockey Federation (FIH).
Published 22 Apr, 2006 12:00am
Poll shows Australians value the Ashes most

Poll shows Australians value the Ashes most

A Cricket Australia opinion poll has confirmed what has been evident Down Under since last September - the Ashes loss to England hurt Australians more than any other sporting defeat.
Published 22 Apr, 2006 12:00am
Stenson tames blustery conditions to lead Open

Stenson tames blustery conditions to lead Open

A deterioration in the weather blew much of the field off-course at the BMW Asian Open on Friday, but not Henrik Stenson who held a one-stroke lead when play was suspended for lightning.
Published 22 Apr, 2006 12:00am
Ricky Ponting lashes out at 'unacceptable' schedule

Ricky Ponting lashes out at 'unacceptable' schedule

Australian cricket captain Ricky Ponting has labelled the increasingly hectic international Test schedule "unacceptable" and has demanded more recovery time between matches.
Published 22 Apr, 2006 12:00am
Russia's GDP growth picks up, inflation slows

Russia's GDP growth picks up, inflation slows

Russia's gross domestic product (GDP) grew by 5.4 percent in year-on-year terms in March while inflation should slow to 0.4-0.5 percent in April, Deputy Economy Minister Andrei Klepach told reporters on Friday.
Published 22 Apr, 2006 12:00am
Iraq ready to negotiate oilfield contracts

Iraq ready to negotiate oilfield contracts

Iraq is ready to move swiftly in negotiating multi-billion-dollar oilfield contracts with international majors and can sign deals before an investment law is passed by the government, a top oil official said on Friday.
Published 22 Apr, 2006 12:00am
Nigeria clears debts to rich nations

Nigeria clears debts to rich nations

Nigeria ordered a final debt repayment to rich lending nations on Friday, completing Africa's biggest debt relief deal that will free up billions of dollars in coming years to fight poverty.
Published 22 Apr, 2006 12:00am
Massive quake rocks Russia's Kamchatka

Massive quake rocks Russia's Kamchatka

A massive earthquake measuring 7.9 on the Richter scale, followed by a huge aftershock, rocked Russia's remote north-eastern Kamchatka peninsula Friday but caused only light injuries, officials said.
Published 22 Apr, 2006 12:00am
Cuban artist wins top political cartoon contest

Cuban artist wins top political cartoon contest

Cuba's Angel Boligan has won a top international political cartoon prize for his drawing of a man slumped on a couch watching a giant wooden television on wheels that resembles a Trojan horse.
Published 22 Apr, 2006 12:00am
Romania breaks Danube dike to save villages

Romania breaks Danube dike to save villages

Romania breached a major dike to divert floodwater threatening villages in the Danube delta, while Hungary evacuated thousands of people as swollen rivers spread more havoc across eastern Europe on Friday.
Published 22 Apr, 2006 12:00am
Thousands illegally detained in Iraq: UN

Thousands illegally detained in Iraq: UN

Iraqi authorities are illegally detaining thousands of people, the United Nations' senior human rights official for the country said on Friday, and also urged the US-led coalition to charge or release its prisoners.
Published 22 Apr, 2006 12:00am
King Gyanendra concedes

King Gyanendra concedes

Nepal's King Gyanendra, facing sweeping anti-monarchy protests, said on Friday he was restoring political power to the people, but the country's largest party said that was not enough.
Published 22 Apr, 2006 12:00am
Ancient gold cartouches found in Egypt

Ancient gold cartouches found in Egypt

The discovery of gold cartouches dating back to 1400 BC sheds new light on the relationship between two ancient Egyptian rulers, Egypt's antiquities department said Friday.
Published 22 Apr, 2006 12:00am
Myanmar diplomat sets himself on fire

Myanmar diplomat sets himself on fire

A Myanmar diplomat set himself on fire in his country's mission in the Malaysian capital on Friday, triggering a blaze that destroyed much of the building's interior, the official Bernama news agency reported.
Published 22 Apr, 2006 12:00am
Hu winds up US visit, no major breakthroughs

Hu winds up US visit, no major breakthroughs

Chinese President Hu Jintao winds up a four-day visit to the United States on Friday with a speech at Yale University after a stop in Washington that failed to produce any major breakthroughs on an array of economic and security issues.
Published 22 Apr, 2006 12:00am
Rajapakse takes charge as violence escalates

Rajapakse takes charge as violence escalates

Sri Lanka's president took charge of a new panel Friday to halt a slide back to full-scale war as suspected Tiger rebels exploded mines and fought gunbattles killing four people, officials said.
Published 22 Apr, 2006 12:00am
Iraqi Shia Alliance nominates new Prime Minister

Iraqi Shia Alliance nominates new Prime Minister

Iraq's ruling Shia Alliance nominated Jawad al-Maliki as its new candidate for prime minister on Friday in an effort to end four months of political paralysis over the formation of a new government.
Published 22 Apr, 2006 12:00am
Russia must freeze arms deals with Iran: US

Russia must freeze arms deals with Iran: US

Russia must stop any arms deals with Iran and other nations must bar the sale of dual-use technologies to Tehran to put pressure on Iran to abandon its nuclear program, a senior US official said on Friday
Published 22 Apr, 2006 12:00am
Britons trumpet on Elizabeth's 80th birthday

Britons trumpet on Elizabeth's 80th birthday

A beaming Queen Elizabeth II greeted thousands of flag-waving fans on her 80th birthday Friday, basking in a popularity that has undercut calls to abolish the British monarchy.
Published 22 Apr, 2006 12:00am
Abbas revokes Hamas security decisions

Abbas revokes Hamas security decisions

Palestinian leader Mahmud Abbas on Friday vetoed Hamas government decisions to create a new special force of armed militants headed by a wanted radical.
Published 22 Apr, 2006 12:00am
Bonds: no surprise from Ford, Thomson LBO talk persists

Bonds: no surprise from Ford, Thomson LBO talk persists

The cost of insuring US automaker Ford Motor Co's debt against default held steady on Friday, after the US automaker swung to a massive first-quarter loss as it took $1.65 billion in charges for job cuts, plant closings and other restructuring-related act
Published 22 Apr, 2006 12:00am
Bonds: no surprise from Ford, Thomson LBO talk persists

Bonds: no surprise from Ford, Thomson LBO talk persists

The cost of insuring US automaker Ford Motor Co's debt against default held steady on Friday, after the US automaker swung to a massive first-quarter loss as it took $1.65 billion in charges for job cuts, plant closings and other restructuring-related act
Published 22 Apr, 2006 12:00am
Philippines shares hit seven-year high

Philippines shares hit seven-year high

Philippines share prices rose 0.9 percent to hit a near seven-year high Friday as investors took positions in the major companies expected to report strong first quarter earnings, dealers said.
Published 22 Apr, 2006 12:00am
US Stocks: Friday's unofficial close

US Stocks: Friday's unofficial close

US blue chip stocks rose on Friday after manufacturer 3M Co increased its profit outlook, while stronger-than-expected earnings by Google Inc lifted the S&P 500.
Published 22 Apr, 2006 12:00am
Malaysian shares higher

Malaysian shares higher

Malaysian share prices closed O.17 percent higher Friday due to follow-through buying driven by the ringgit's strength against the dollar which outweighed inflation fears, dealers said.
Published 22 Apr, 2006 12:00am
Singapore shares breach 2,600 level

Singapore shares breach 2,600 level

Singapore share prices rose 0.76 percent Friday for another record finish, this time above 2,600 points as investors bought in ahead of general elections in May and upcoming quarterly results, dealers said.
Published 22 Apr, 2006 12:00am
FTSE at five-year high, seals best week since Jan

FTSE at five-year high, seals best week since Jan

UK stocks closed higher on Friday, scoring fresh five-year highs and sealing their strongest one-week gain since January as mining stocks such as Antofagasta rebounded strongly.
Published 22 Apr, 2006 12:00am
Indian rupee down

Indian rupee down

The Indian rupee slipped towards the bottom of the week's trading range on Friday, as state-run banks kept it under pressure, and it ended the week close to a recent four-month low.
Published 22 Apr, 2006 12:00am
Sterling steadies

Sterling steadies

Sterling stabilised against the euro and dollar on Friday, with markets focused on the UK interest rate outlook in the absence of major UK data.
Published 22 Apr, 2006 12:00am
Euro gains in London

Euro gains in London

The euro reversed earlier losses on Friday after the Swedish central bank said it had increased the euro's share in its foreign exchange reserves to 50 percent.
Published 22 Apr, 2006 12:00am
European growers to cut sugar, increase grain sowing

European growers to cut sugar, increase grain sowing

European farmers are set to increase grain and oilseed plantings and slash beet sugar sowings in response to price-cutting EU sugar regime reforms to be implemented this year, traders and analysts said on Friday.
Published 22 Apr, 2006 12:00am
Oil hits new peak over $75 on investment funds

Oil hits new peak over $75 on investment funds

Oil prices vaulted to a new peak over $75 a barrel on Friday as investment funds snapped up crude futures and tension mounted over Iran''s nuclear intentions.
Published 22 Apr, 2006 12:00am
Oil hits new peak over $75 on investment funds

Oil hits new peak over $75 on investment funds

Oil prices vaulted to a new peak over $75 a barrel on Friday as investment funds snapped up crude futures and tension mounted over Iran's nuclear intentions.
Published 22 Apr, 2006 12:00am
Oil hits new peak over $75 on investment funds

Oil hits new peak over $75 on investment funds

Oil prices vaulted to a new peak over $75 a barrel on Friday as investment funds snapped up crude futures and tension mounted over Iran's nuclear intentions.
Published 22 Apr, 2006 12:00am
'India to import three million tonnes more wheat'

'India to import three million tonnes more wheat'

India, hit by lower grain stocks and spiralling domestic prices, said on Friday it would immediately import a further 3 million tonnes of wheat. "To ensure that there are adequate buffer stocks in the central pool, the government would import 3 million to
Published 22 Apr, 2006 12:00am
New York cotton futures ease

New York cotton futures ease

Cotton futures finished with slight losses Friday as investors unwound the last of their positions in the spot May contract before deliveries are posted on Monday, brokers said.
Published 22 Apr, 2006 12:00am
London sugar higher

London sugar higher

London white sugar futures closed higher on Friday with renewed fund and speculative buying emerging after the market absorbed a bout of profit-taking, dealers said. Benchmark August settled up $1.10 at $473.50 per tonne, near the top of the day's range o
Published 22 Apr, 2006 12:00am
Buying overwhelms LME

Buying overwhelms LME

Base metals ended the week in blistering form, after copper, zinc and nickel all hit record peaks on the London Metal Exchange (LME), on Friday, as fund buying resumed after a sharp fall on Thursday, dealers said.
Published 22 Apr, 2006 12:00am
US MIDDAY: coffee falls

US MIDDAY: coffee falls

Arabica coffee futures lost just under 1 percent Friday after producers and speculators sold into a new six-week peak, market sources said.
Published 22 Apr, 2006 12:00am
US MIDDAY: cocoa futures slump

US MIDDAY: cocoa futures slump

New York cocoa futures prices ended in the red Friday, depressed by light speculative selling in a quiet session dominated by spread-trading activity, market sources said.
Published 22 Apr, 2006 12:00am
US MIDDAY: sugar bounces

US MIDDAY: sugar bounces

Raw sugar futures finished higher Friday on late speculative buying in a session featuring switch trade as players roll out of positions in the spot contract before it expires next week, brokers said.
Published 22 Apr, 2006 12:00am
US MIDDAY: wheat plunges

US MIDDAY: wheat plunges

Wheat futures at the Chicago Board of Trade fell to 2-week lows early on Friday on forecasts for rains in the dry US Plains hard red winter wheat region, traders said.
Published 22 Apr, 2006 12:00am
US MIDDAY: corn weakens

US MIDDAY: corn weakens

Corn futures at the Chicago Board of Trade were weak early on Friday amid improved corn planting weather and on a plunge in wheat futures, traders said.
Published 22 Apr, 2006 12:00am
US MIDDAY: copper climbs

US MIDDAY: copper climbs

US copper futures climbed at the open on Friday, with the benchmark May contract breaching the $3.00 level, as fund buying returned to the market following Thursday's profit-taking shake-out, sources said.
Published 22 Apr, 2006 12:00am
US MIDDAY: soya slightly down

US MIDDAY: soya slightly down

Soyabean futures at the Chicago Board of Trade were slightly weaker early Friday on follow-through technical selling from Thursday and a bearish fundamental outlook, traders said.
Published 22 Apr, 2006 12:00am
US MIDDAY: gold, silver and PGMs bounce

US MIDDAY: gold, silver and PGMs bounce

Precious metals in New York climbed cautiously early on Friday, after Thursday's stunning drop on profit-taking and liquidation, with dealer buying offering support to gold and silver at sharply lower levels.
Published 22 Apr, 2006 12:00am
Protest against UHS continues

Protest against UHS continues

The Pakistan Medical Association and action committee of students of Nishtar Medical College (NMC) have jointly set up a hunger strike camp at the hospital against, what they claim, biased attitude of University of Health Sciences (UHS) towards southern P
Published 22 Apr, 2006 12:00am
ZMU convocation today

ZMU convocation today

The forth convocation of Ziauddin Medical University (ZMU) will be held on Saturday (April 22). Sindh Governor Dr Ishratul-Ibad, who is also the Patron of the University, will preside over the function.
Published 22 Apr, 2006 12:00am
Death awarded in murder case

Death awarded in murder case

Additional District and Sessions Judge Muhammad Zulfiqar Loon on Friday awarded death sentence and fine Rs 100,000 to an accused in a murder case of Mamukanjan police station.
Published 22 Apr, 2006 12:00am
Rented house vacated on Mohtasib directive

Rented house vacated on Mohtasib directive

On the directive of the Wafaqi Mohtasib, the Works Division has de-hired and handed over vacant possession of a house in Islamabad from a senior serving government officer to its rightful owner.
Published 22 Apr, 2006 12:00am
SHC directs AG office to improve performance

SHC directs AG office to improve performance

The inordinate delay in appointment of law officers to represent federal government in courts of Sindh attracted strong observations from a division bench of High Court of Sindh (SHC) comprising Chief Justice Sabihuddin Ahmed and Justice Nadeem Azhar Sidd
Published 22 Apr, 2006 12:00am
Chehlum

Chehlum

The chehlum of Mrs Tayyaba Khanum, wife of Farhat Saeed, Executive Director, State Bank of Pakistan, will be held on April 23 (Sunday) at Masjid/Imambargah Yasrib, Defence Housing Authority, Phase IV at 4.00 pm.
Published 22 Apr, 2006 12:00am
Private schools

Private schools

The government has made education free upto the matriculation level in order to increase literacy rate in Pakistan but on the other hand, there are very few government schools in the country and the students have to approach private schools to get educati
Published 22 Apr, 2006 12:00am
Relaxed security for VVIP

Relaxed security for VVIP

I have vowed never to attend any function where the President, the Prime Minister, and the Sindh Governor are the chief guests. I do not wish to waste hours waiting for them to show up, suffer the many security checks, take long walks from the parking lot
Published 22 Apr, 2006 12:00am
Sweden goes for green as Nordics mull energy future

Sweden goes for green as Nordics mull energy future

Twenty years after Sweden alerted the world to the meltdown at Chernobyl, it aims to phase out nuclear power and end dependency on fossil fuels, putting the country in the vanguard of green energy policy.
Published 22 Apr, 2006 12:00am
Conserving our wetlands

Conserving our wetlands

The government's plan to promote conservation of the country's fresh water resources and coastal wetlands is primed to address a sector that has so far received only marginal attention, though its contribution to the economy has been quite substantial.
Published 22 Apr, 2006 12:00am
Government reforms commission

Government reforms commission

In a much welcome move last week the government announced the setting up of a 'National Commission on Government Reforms' headed by a highly respected economist, administrator and a former governor of the State Bank of Pakistan, Dr Ishrat Hussain.
Published 22 Apr, 2006 12:00am
Punjab plans to reduce under-five mortality rate

Punjab plans to reduce under-five mortality rate

Punjab government, in collaboration with the United Nations Children Fund (Unicef), has launched a plan under the millennium goal to reduce under-five mortality rate (U5MR) by two-thirds, between 1990 and 2015, to assess levels of human development in 25
Published 22 Apr, 2006 12:00am