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Print - 2006-05-14
Embraer profit sinks

Embraer profit sinks

Brazil's Embraer, the world's fourth-largest maker of commercial aircraft, on Friday reported a first-quarter net profit sharply lower from a year ago, citing a stronger local currency.
Published 14 May, 2006 12:00am
Embraer profit sinks

Embraer profit sinks

Brazil's Embraer, the world's fourth-largest maker of commercial aircraft, on Friday reported a first-quarter net profit sharply lower from a year ago, citing a stronger local currency.
Published 14 May, 2006 12:00am
'Hedge, traditional funds to merge'

'Hedge, traditional funds to merge'

The differences between hedge funds and more traditional funds are likely to eventually vanish, although further EU rule changes will be required, according to the head of British-based Polar Capital Partners.
Published 14 May, 2006 12:00am
'Hedge, traditional funds to merge'

'Hedge, traditional funds to merge'

The differences between hedge funds and more traditional funds are likely to eventually vanish, although further EU rule changes will be required, according to the head of British-based Polar Capital Partners.
Published 14 May, 2006 12:00am
UK home owners ignoring mortgage cover

UK home owners ignoring mortgage cover

More home owners insure the contents of their property than the mortgage they borrowed to buy it, putting their families' future at risk in the event of their death, a survey from Friends Provident said on Saturday.
Published 14 May, 2006 12:00am
Vietnam and US agree on trade deal

Vietnam and US agree on trade deal

Vietnam has reached agreement on a trade deal with its former war enemy the United States that should pave the way for the communist-run country to join the World Trade Organisation, state-run media reported on Saturday.
Published 14 May, 2006 12:00am
EU cannot count on WTO deal in summer: Mandelson

EU cannot count on WTO deal in summer: Mandelson

Differences between leading members in the World Trade Organisation's (WTO) Doha round may not be bridged in time for a deal this summer, the European Union's trade chief said on Saturday.
Published 14 May, 2006 12:00am
US files motion to intervene in AT&T secrets case

US files motion to intervene in AT&T secrets case

The US government filed a motion on Saturday to intervene and seek dismissal of a lawsuit by a civil liberties group against AT&T Inc over a federal program to monitor US communications.
Published 14 May, 2006 12:00am
US dismisses concerns over new Microsoft browser

US dismisses concerns over new Microsoft browser

US antitrust authorities late Friday rejected concerns that a search feature in the new version of Microsoft Corp's Internet Explorer browser would give the company an unfair advantage over Google Inc.
Published 14 May, 2006 12:00am
India's Geojit to set up brokerage in Saudi Arabia

India's Geojit to set up brokerage in Saudi Arabia

India's Geojit Financial Services Ltd said on Saturday it would set up a brokerage in Saudi Arabia with a group of local firms and investors. Mumbai-based Geojit said its joint venture partners were Saudi Arabia's Jamal and Khalid Al Johar Development Co,
Published 14 May, 2006 12:00am
China needs to tighten policy, says top economist

China needs to tighten policy, says top economist

China needs to tighten policy further by raising interest rates again, increasing banks' reserve requirements and permitting a more flexible exchange rate, an influential government economist said on Saturday.
Published 14 May, 2006 12:00am
UAE and South Korea sign oil stockpiling deal

UAE and South Korea sign oil stockpiling deal

The United Arab Emirates and South Korea signed a series of accords Saturday, including a memorandum of understanding on stockpiling Emirati oil in South Korea, on the second day of a visit by the South Korean president.
Published 14 May, 2006 12:00am
Syria to open banks, debt market

Syria to open banks, debt market

Syria plans to issue treasury bills this year for the first time as the government speeds financial reform despite US efforts to isolate it from world markets, the central bank governor said recently.
Published 14 May, 2006 12:00am
American credit market outlook

American credit market outlook

Credit spreads for Federated Department Stores have tightened this year, but many analysts believe rougher waters lie ahead as the company converts its recently acquired May Department Stores to the Macy's chain.
Published 14 May, 2006 12:00am
American credit market outlook

American credit market outlook

Credit spreads for Federated Department Stores have tightened this year, but many analysts believe rougher waters lie ahead as the company converts its recently acquired May Department Stores to the Macy's chain.
Published 14 May, 2006 12:00am
Emerging debt prices plunge on US inflation fears

Emerging debt prices plunge on US inflation fears

Brazil's benchmark global bond due in 2040 plunged over 1.5 points on Friday as emerging debt markets sold off on fears that a quicker pace of US inflation may lead to higher interest rates in the world's largest economy.
Published 14 May, 2006 12:00am
Emerging debt prices plunge on US inflation fears

Emerging debt prices plunge on US inflation fears

Brazil's benchmark global bond due in 2040 plunged over 1.5 points on Friday as emerging debt markets sold off on fears that a quicker pace of US inflation may lead to higher interest rates in the world's largest economy.
Published 14 May, 2006 12:00am
Toronto stocks finish 1.1 percent lower

Toronto stocks finish 1.1 percent lower

Toronto stocks dropped sharply for a second consecutive session on Friday, falling more than 120 points as energy and gold issues retreated along with commodity prices.
Published 14 May, 2006 12:00am
US Treasuries fall on data fanning inflation worries

US Treasuries fall on data fanning inflation worries

US Treasury prices fell on Friday after a surprisingly strong rise in US import prices in April fanned inflation fears and pushed benchmark 10-year yields to a fresh 4-year high, analysts said.
Published 14 May, 2006 12:00am
US Treasuries fall on data fanning inflation worries

US Treasuries fall on data fanning inflation worries

US Treasury prices fell on Friday after a surprisingly strong rise in US import prices in April fanned inflation fears and pushed benchmark 10-year yields to a fresh 4-year high, analysts said.
Published 14 May, 2006 12:00am
Belgian firms outline criteria for Euronext merger

Belgian firms outline criteria for Euronext merger

Any merger involving pan-European stock exchange Euronext must keep clearing and settlement operations at arm's length, Belgium's top 20 listed firms said in a statement.
Published 14 May, 2006 12:00am
European Stocks: markets eye earnings, commodity prices

European Stocks: markets eye earnings, commodity prices

European stocks, trading at three-week lows, will look to results next week to see if companies are taking a hit from surging commodity prices, while the outlook for the dollar is also key.
Published 14 May, 2006 12:00am
Investors may not crave Burger King IPO

Investors may not crave Burger King IPO

Burger King Holdings Inc is expected to serve up its initial public offering next week, but analysts are expecting a tepid debut for the second-largest hamburger chain in the United States.
Published 14 May, 2006 12:00am
Chilean stocks weaken

Chilean stocks weaken

Chilean stock indexes were pulled down with other regional markets on Friday, while the peso slipped against the dollar, as the rise in US interest rates and 10-year Treasuries took some of the luster off emerging markets.
Published 14 May, 2006 12:00am
Mexican IPC stock index slumps 1.31 percent

Mexican IPC stock index slumps 1.31 percent

Mexico's IPC stock index slumped 1.31 percent on Friday while debt prices fell and the peso weakened sharply, all hurt by rising US debt yields.
Published 14 May, 2006 12:00am
US corporate bonds New supply weighs

US corporate bonds New supply weighs

Spreads in the US corporate bond market were a touch weaker on Friday under the pressure of a glut of new supply, while prices on General Motors Corp's bonds crept up in the high-yield market.
Published 14 May, 2006 12:00am
US corporate bonds New supply weighs

US corporate bonds New supply weighs

Spreads in the US corporate bond market were a touch weaker on Friday under the pressure of a glut of new supply, while prices on General Motors Corp's bonds crept up in the high-yield market.
Published 14 May, 2006 12:00am
Argentinean stocks tumble

Argentinean stocks tumble

Argentine stocks tumbled more than 2 percent on Friday, falling in line with international markets as investors fretted over rising US Treasury yields and interest rates.
Published 14 May, 2006 12:00am
Brazilian stocks drop after hitting records

Brazilian stocks drop after hitting records

Brazil's stocks slumped on Friday as emerging market assets lost a bit of luster on rising yields for US Treasuries and fears of higher US inflation.
Published 14 May, 2006 12:00am
US stocks sharply down on inflation fears

US stocks sharply down on inflation fears

US stocks fell sharply on Friday, extending a two-day slide as a jump in import prices fanned inflation fears and weaker crude oil prices hurt energy stocks such as Exxon Mobil Corp.
Published 14 May, 2006 12:00am
IMM traders increase net long yen position

IMM traders increase net long yen position

Currency speculators increased their net long yen position to their highest in about 14 months during the trading week ending May 9, data released on Friday showed.
Published 14 May, 2006 12:00am
Rise in euro provides cold comfort for bearish bonds

Rise in euro provides cold comfort for bearish bonds

The euro's latest rise has provided only minimal support to euro zone government bonds, currently in the grip of a powerful bear market, though it may temper recent bets on a more aggressive rate hike campaign.
Published 14 May, 2006 12:00am
Rise in euro provides cold comfort for bearish bonds

Rise in euro provides cold comfort for bearish bonds

The euro's latest rise has provided only minimal support to euro zone government bonds, currently in the grip of a powerful bear market, though it may temper recent bets on a more aggressive rate hike campaign.
Published 14 May, 2006 12:00am
Dollar drops as bearish sentiment persists

Dollar drops as bearish sentiment persists

The dollar fell on Friday, and even better-than-expected US trade data for March failed to lift the market's overwhelmingly bearish sentiment on the currency.
Published 14 May, 2006 12:00am
Canadian dollar falls on rates worry

Canadian dollar falls on rates worry

The Canadian dollar fell against the greenback on Friday, hampered by disappointing economic data, weaker commodity prices and uncertainty over the likelihood of a Bank of Canada interest rate hike this month.
Published 14 May, 2006 12:00am
Indian central bank says big forex moves to affect economy

Indian central bank says big forex moves to affect economy

India's central bank governor said any large adjustments in major currencies and global interest rates would have a significant impact on the economy, although it might not be as big as in other emerging markets.
Published 14 May, 2006 12:00am
Strong euro to impact trade in three months: France

Strong euro to impact trade in three months: France

French Trade Minister Christine Lagarde welcomed a narrowing in France's trade deficit on Friday but said the impact of a surging euro would start to show up in the data in the months to come.
Published 14 May, 2006 12:00am
Hearts win Scottish FA Cup

Hearts win Scottish FA Cup

Hearts lifted the Scottish FA Cup for the first time in eight years with a 4-2 penalty shootout win over third division Gretna at Hampden Park on Saturday.
Published 14 May, 2006 12:00am
Simmons breaks silence on Zimbabwe

Simmons breaks silence on Zimbabwe

Former coach Phil Simmons has painted a gloomy picture of cricket in Zimbabwe, and believes it would be nothing short of international scandal if they are allowed to regain Test status next year.
Published 14 May, 2006 12:00am
Panesar strikes for England

Panesar strikes for England

Monty Panesar took two wickets in the final session to maintain England's grip on the first Test against Sri Lanka at Lord's here Saturday.
Published 14 May, 2006 12:00am
Trueman has cancer

Trueman has cancer

Former Yorkshire and England fast bowler Fred Trueman has been diagnosed as suffering with cancer. He is to undergo a 15-week course of treatment on a condition known as small cell carcinoma.
Published 14 May, 2006 12:00am
Time for India to win: Dravid

Time for India to win: Dravid

Rahul Dravid has acknowledged his side still have plenty of respect for the West Indies, but believes it's time for India to dominate in the Caribbean. The Indian captain was speaking following his team's arrival in Jamaica at the start of their two-month
Published 14 May, 2006 12:00am
Federer, Nadal in dream final

Federer, Nadal in dream final

Top seed Roger Federer and world number two Rafael Nadal will renew their thrilling rivalry when they clash in the Rome Masters final on Sunday.
Published 14 May, 2006 12:00am
Henin-Hardenne overwhelms Mauresmo in Berlin

Henin-Hardenne overwhelms Mauresmo in Berlin

Belgium's Justine Henin-Hardenne made her racquet speak more eloquently than a thousand words when she outplayed Amelie Mauresmo of France 6-1, 6-2 to reach the final of the German Open.
Published 14 May, 2006 12:00am
Pope calls on Christians to oppose gay marriage

Pope calls on Christians to oppose gay marriage

Pope Benedict renewed his attack on gay marriage on Saturday, saying Christians must defend traditional heterosexual marriage as a "pillar of humanity" benefiting both believers and non-believers.
Published 14 May, 2006 12:00am
Indonesia raises alert status of volcano to maximum

Indonesia raises alert status of volcano to maximum

Indonesia raised the alert status of the Mount Merapi volcano to the highest level on Saturday, prompting a compulsory evacuation of thousands of residents living on the slopes, officials said.
Published 14 May, 2006 12:00am
Storm kills 10 in Bangladesh

Storm kills 10 in Bangladesh

At least 10 Bangladeshis were killed and dozens of others injured in lightning strikes during a violent rainstrom, weather officials said on Saturday. They said the country experienced this year's heaviest rainfall on Friday, including about 50 mm (two in
Published 14 May, 2006 12:00am
India to give $2.2 million aid to Palestinians

India to give $2.2 million aid to Palestinians

India is to give 2.2 million dollars worth of aid to the Palestinians, officials said Saturday. The aid would mostly be in the form of medicines and medical supplies, the foreign ministry said.
Published 14 May, 2006 12:00am
Putin to name preferred successor

Putin to name preferred successor

Vladimir Putin said on Saturday he would name a preferred successor to follow him as Russian president and vowed to ensure a smooth handover of power when he steps down in 2008.
Published 14 May, 2006 12:00am
Russia to slowly build ties with West: Putin

Russia to slowly build ties with West: Putin

Russia will build its ties with the West slowly and carefully and will not allow a return to a period of stand-off, President Vladimir Putin said on Saturday.
Published 14 May, 2006 12:00am
Iraqi army units clash: US

Iraqi army units clash: US

The US military reported on Saturday a clash between Iraqi army units that killed one Iraqi soldier, raising questions over the new, US-trained force's cohesion in the face of ethnic and sectarian rivalries.
Published 14 May, 2006 12:00am
Somali battle enters seventh day; 144 dead

Somali battle enters seventh day; 144 dead

Mortars, machine guns and rockets pounded Mogadishu on Saturday in a seventh day of fierce militia fighting that has killed at least 144 people so far and which spread quickly across the ravaged city.
Published 14 May, 2006 12:00am
Two Koreas to test landmark rail links

Two Koreas to test landmark rail links

The two Koreas agreed Saturday to test run rail links across their heavily fortified border, paving the way possibly for the first train services between the Cold War rivals for more than five decades.
Published 14 May, 2006 12:00am
Postings

Postings

The Chief Justice of the Lahore High Court (LHC) has placed the services of two district and sessions judges (D&SJ) at the disposal of the Government of Pakistan (GoP).
Published 14 May, 2006 12:00am
Former CBR official convicted

Former CBR official convicted

The Accountability Court has awarded 8 years RI and imposed a fine of Rs 18.729 million on ex CBR official Kashif Hameed in a corruption reference.
Published 14 May, 2006 12:00am
Railways to lay track from Shershah to Multan Dry Port

Railways to lay track from Shershah to Multan Dry Port

The Pakistan Railways (PR) has agreed to lay the track from Shershah Station to Multan Dry Port terminal for facilitating the exporters and importers, and this project would soon be executed as assured by the authorities, said Multan Dry Port Trust Chairm
Published 14 May, 2006 12:00am
13 million hepatitis carriers in Pakistan

13 million hepatitis carriers in Pakistan

Around 13 million people across the country are carriers of hepatitis. This was stated by Dr Huma Qureshi, Director of Pakistan Medical and Research Council, addressing to lecture on "Guidelines for Diagnosing and Treatment of Hepatitis-B and C in Pregnan
Published 14 May, 2006 12:00am
German firm to manufacture wind turbines: AEDB

German firm to manufacture wind turbines: AEDB

A known German company with the financial assistance of an American investor will soon start manufacturing wind turbines in Pakistan. According to a spokesman of the Alternative Energy Development Board (AEDB) here on Saturday, two companies - Fuhrlander-
Published 14 May, 2006 12:00am
Shujaat rules out NAB probe into sugar scam

Shujaat rules out NAB probe into sugar scam

Pakistan Muslim League (PML) President Chaudhry Shujaat Hussain has ruled out any probe by the National Accountability Bureau (NAB) into sugar scandal.
Published 14 May, 2006 12:00am
Sino-Pak talks on new trade avenues next week

Sino-Pak talks on new trade avenues next week

A delegation of senior Chinese officials will visit Islamabad next week to hold talks with their Pakistani counterparts exploring ways and means to enhance bilateral trade.
Published 14 May, 2006 12:00am
Direct Haj flights from Multan demanded

Direct Haj flights from Multan demanded

Multan Chamber of Commerce and Industry (MCCI) President Khawaja Muhammad Abdullah, former All Pakistan Bedsheet & Upholstry Manufacturers Association (Apbuma) chairman Syed Muhammad Qasim Shah, Pakistan Tanners Association (PTA) Chairman Khawaja Muhammad
Published 14 May, 2006 12:00am
Plea to declare Sukkur as tax-free zone

Plea to declare Sukkur as tax-free zone

Sukkur Chamber of Commerce and Industry (SCCI) has recommended to the Federal Ministers for Finance and Commerce to include Sukkur in tax-free zones scheme.
Published 14 May, 2006 12:00am
IMAC board meets in Sialkot on May 18

IMAC board meets in Sialkot on May 18

The board of governors of Independent Monitoring Association for Child Labour will meet in Sialkot on May 18. According to IMAC sources, the association's board of governors comprises 8 members representing Sialkot Chamber of Commerce and Industry (SCCI).
Published 14 May, 2006 12:00am
Strike in Northern Areas causes Rs 200 million revenue loss

Strike in Northern Areas causes Rs 200 million revenue loss

The strike of importers and exporters in Northern Areas entered in 15th day on Saturday and country has lost over Rs 200 million revenue due to strike against octroi tax at Dasu Kohistan check post and non-provision of basic facilities at Sust Dryport.
Published 14 May, 2006 12:00am
Nazims hold rally against DCO

Nazims hold rally against DCO

At least 45 Nazims of Muzaffargarh district on Saturday took out a procession from District Assembly to DCO office to press the authorities for his immediate transfer because he is a corrupt, dishonest, rude, ill-mannered person who had jammed the wheel o
Published 14 May, 2006 12:00am
Rs 1,500 prize bonds draw

Rs 1,500 prize bonds draw

The 26th Draw of Rs 1,500 prize bonds is scheduled to be held on May 15, at State Bank of Pakistan, Hyderabad. Central Directorate of National Savings, Ministry of Finance and State Bank of Pakistan will jointly organise the draw.
Published 14 May, 2006 12:00am
Tripartite moot of tobacco growers held

Tripartite moot of tobacco growers held

In the final round of pre-marketing exercise, which is carried out annually, a tripartite conference of the representatives of tobacco growers, tobacco companies and tobacco dealers was held under the auspices of the Pakistan Tobacco Board (PTB) at its he
Published 14 May, 2006 12:00am
Afghan government abolishes Elmul Khaber document

Afghan government abolishes Elmul Khaber document

The government of Afghanistan has introduced the latest Asycuda System for Customs Data making the customs procedure as per demands of the modern era. This development has made Afghanistan 85th country of the world in which the modern customs system has b
Published 14 May, 2006 12:00am
Rs 274.8 million projects for agriculture marketing approved

Rs 274.8 million projects for agriculture marketing approved

The provincial government has approved various projects worth Rs 274.8 million for the improvement of the Agricultural Marketing Department. The budget allocation for development works in different market committees have also been increased to Rs 1,195 mi
Published 14 May, 2006 12:00am
Food department blamed for gunny bags shortage

Food department blamed for gunny bags shortage

The wheat growers have alleged that the Sialkot Food Department has miserably failed to overcome the menace of shortage of gunny bags and redress the grievances of wheat growers.
Published 14 May, 2006 12:00am
Parachute technology wins confidence of rice growers

Parachute technology wins confidence of rice growers

Parachute technology of rice has won the confidence of rice growers due to its positive results in Sialkot district. The parachute technology of rice was introduced for bringing revolutionary changes in per acre yield in the country.
Published 14 May, 2006 12:00am
Flawed web sites and on-line banking

Flawed web sites and on-line banking

A lot has, during the last one year, appeared from educated people pointing out that most of the government departments' web sites are not updated, provide old information, do not have an on-line web reply system and, where they have an email system, no r
Published 14 May, 2006 12:00am
Joint Algeria, UAE power plant construction

Joint Algeria, UAE power plant construction

In order to pool their synergies and enrich their technological experiences and further promote their bilateral relations, Opec Fund Member States the United Arab Emirates and Algeria have embarked on two separate multi-million dollar independent power pr
Published 14 May, 2006 12:00am
Queen of Iraq's creation on the verge of breakdown

Queen of Iraq's creation on the verge of breakdown

The cemetery gate groans and the gaunt grave keeper leads the visitor along rows of broken tombs. "There she is," Ali Mansur says pointing to a sandstone gravestone. "I take care of her. But nobody visits."
Published 14 May, 2006 12:00am
Energy metering industry needs export orientation

Energy metering industry needs export orientation

A race is on for dominance of the global electricity meter market. Solid state meters and automatic meter reading (AMR) is the name of the game. The Eur 415 million European electricity meters market is in the midst of a dramatic, structural transformatio
Published 14 May, 2006 12:00am
Verdict in tractors import case

Verdict in tractors import case

Now that the Sindh High Court has quashed the Federal Government's duty-free tractors import scheme, which was announced in the current financial year's budget, all those hurt by the protracted delay in its implementation will heave a sigh of relief.
Published 14 May, 2006 12:00am
Drip irrigation plan

Drip irrigation plan

Prime Minister Shaukat Aziz has approved a five-year Rs 15 billion, drip irrigation project to tide over the escalating water scarcity in the country. The approval of the project comes in the wake of a warning that Pakistan might experience severe drought
Published 14 May, 2006 12:00am
Regulatory duty on wheat import

Regulatory duty on wheat import

The government's decision to levy 10 percent regulatory duty on import of wheat is apparently a last-ditch attempt to force the private sector to buy local wheat at the support price of Rs 415 per 40-kg, to ensure reasonable financial return to the farmer
Published 14 May, 2006 12:00am
Saudi team calls on MSA director general

Saudi team calls on MSA director general

A high level military delegation from Saudi Arabia, led by Lieutenant General Talal Bin Mohsin Ali-Al Angawi, Director General Saudi Border Guards, on Saturday called on Director General Maritime Security Agency, Rear Admiral Mohammad Asif Sandila at MSA
Published 14 May, 2006 12:00am
LHC issues notice

LHC issues notice

The Lahore High Court (LHC) has issued notices in a petition by a student Urooj Altaf challenging holding of composite examination of 9th and 10th classes with prayer to the court to direct the respondents to allow her to appear in the regular exam of 9th
Published 14 May, 2006 12:00am
Lahore to host Saarc trade exhibition

Lahore to host Saarc trade exhibition

The Punjab capital will host a Saarc trade exhibition in August this year. According to Lahore Chamber of Commerce and Industry (LCCI) sources here on Saturday, products to be put on display at the expo include automobiles (auto parts, accessories and com
Published 14 May, 2006 12:00am
'Japan an inspiration for developing states'

'Japan an inspiration for developing states'

Sindh Minister for Education and Literacy Dr Hamida Khuhro said that Japan by giving due importance to children has emerged as most developed nation of world and our society has to learn from the experiences of the Japanese people.
Published 14 May, 2006 12:00am
Australian High Commission and Sarhad Chamber to hold joint exhibition

Australian High Commission and Sarhad Chamber to hold joint exhibition

The Australian High Commission and the Sarhad Chamber of Commerce and Industry (SCCI) on Saturday agreed to hold an exhibition and a joint venture in the city. The investors from Pakistan, Australia and Afghanistan would participate in the exhibition.
Published 14 May, 2006 12:00am
Sindh University launches raw water scheme

Sindh University launches raw water scheme

The University of Sindh on Friday launched a Raw Water Scheme for its plantation to increases the greenery through the campus Jamshoro. The university under its plantation and beautification department set up the raw water line with the cost of Rs 3.6 mil
Published 14 May, 2006 12:00am
Black Cabs project to start shortly

Black Cabs project to start shortly

The project of the Prime Transport Limited was considered at the high-level meeting on President's Special Initiatives on Investment, which was jointly chaired by President General Pervez Musharraf and Prime Minister Shaukat Aziz on May 10.
Published 14 May, 2006 12:00am
Four shot dead near Larkana

Four shot dead near Larkana

Four people were on Saturday shot dead in village Illahi Bux Dariro near Naudero, some 25 kilometre from here. According to reports, the four were waiting for a bus to appear before the court of Judicial Magistrate in Ratodero to record evidence, when som
Published 14 May, 2006 12:00am
'Quality exports to China can help earn more foreign exchange'

'Quality exports to China can help earn more foreign exchange'

Chinese Consul General Sun Chunye has advised the business community to earn more foreign exchange for Pakistan by exporting better quality goods to Chinese market as there is a big scope for the Pakistani products.
Published 14 May, 2006 12:00am
SAB seeks President's help to save Sindh farm sector

SAB seeks President's help to save Sindh farm sector

The Sindh Abadgar Board (SAB) has appealed to President General Pervez Musharraf to take effective steps to undo injustice against Sindh and ensure the implementation of Water Accord to save the agriculture sector of the province and the livelihood of the
Published 14 May, 2006 12:00am
Training course from May 15

Training course from May 15

Pakistan Space and Upper Atmosphere Research Commission (Suparco) is organising an international training course on remote sensing and GIS from May 15 to 26, 2006 at Karachi. In addition to participants from different national organisations, candidates fr
Published 14 May, 2006 12:00am
Call for strict implementation of rule of law

Call for strict implementation of rule of law

Speakers at a meeting of Shura Hamdard, Karachi chapter, have expressed grave concern over the deteriorating situation of law and order in the country, and urged the government to start strict accountability process and implement rule of law for creating
Published 14 May, 2006 12:00am
Sindh-based paramedical staff service structure approved

Sindh-based paramedical staff service structure approved

The Sindh government on Saturday formally issued a notification regarding approval of service structure for Health Department's paramedical staff from BPS-1 to 15 and sanctioned up-gradation of various posts with immediate effect.
Published 14 May, 2006 12:00am
22 arrested over Quetta landmine blasts

22 arrested over Quetta landmine blasts

Twenty-two people have been arrested over the landmine blasts that killed six at a police training school in Quetta this week, a senior officer said on Saturday.
Published 14 May, 2006 12:00am
Pak-French Navy exercises concludes

Pak-French Navy exercises concludes

The five-day long Pak-French Navy joint maritime exercise "Bright Star" concluded in the North Arabian Sea on Saturday. This was stated in a press release of the Inter Services Public Relations (Navy) issued here.
Published 14 May, 2006 12:00am
'Petroleum policy to attract huge investment'

'Petroleum policy to attract huge investment'

Work on the basin study would be completed in 28 months which will help to attract both foreign and domestic investment in oil and gas exploration.
Published 14 May, 2006 12:00am
Tusdec-EDB merger on cards

Tusdec-EDB merger on cards

The Ministry of Industries and Production is contemplating the merger of Technical Up-gradation Skill Development Company (Tusdec) into the Engineering Development Board (EDB), owing to its thin infrastructure and poor performance, revealed the sources he
Published 14 May, 2006 12:00am
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