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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-06-07
Canadian economy stays strong

Canadian economy stays strong

Canadian home-building activity took a hit in April but stayed strong overall, and purchasing activity rebounded sharply in May, reports showed on Tuesday, pointing to continued brisk economic growth.
Published 07 Jun, 2006 12:00am
Fewer US workers hired in April

Fewer US workers hired in April

US employers hired fewer workers during April, while the number of jobs that opened rose for the fourth straight month, a government report showed on Thursday.
Published 07 Jun, 2006 12:00am
France great place to invest: government

France great place to invest: government

France is a great place for foreign investors despite inflexible labour market rules, high social charges, concerns about economic patriotism and recent protests over a job contract, government officials said on Tuesday.
Published 07 Jun, 2006 12:00am
World could handle Iran oil cutoff: US

World could handle Iran oil cutoff: US

The world economy could handle any theoretical cutoff of Iranian oil exports "for a while," US Energy Secretary Sam Bodman said on Tuesday. "We certainly could handle it for a while," Bodman told reporters. Iran is the world's fourth-biggest oil exporter
Published 07 Jun, 2006 12:00am
World Bank sees Turkish market volatility, no crisis

World Bank sees Turkish market volatility, no crisis

The World Bank expects Turkey's financial markets to remain volatile over the next couple of months but that should not result in a crisis, the bank's Turkey representative said on Tuesday.
Published 07 Jun, 2006 12:00am
Bangladesh's exports up

Bangladesh's exports up

Bangladesh's exports rose 29.87 percent in April from a year earlier to $846.17 million boosted by knitwear sales, officials of the state-run Export Promotion Bureau (EPB) said on Tuesday.
Published 07 Jun, 2006 12:00am
G8 meeting not to discuss foreign exchange: Russia

G8 meeting not to discuss foreign exchange: Russia

Russian Finance Minister Alexei Kudrin said on Tuesday that G8 finance ministers will not discuss currencies and exchange rates at a St Petersburg meeting this week because central bankers will not be present.
Published 07 Jun, 2006 12:00am
IBM to invest $6 billion in India over three years

IBM to invest $6 billion in India over three years

IBM, the world's largest computer services company, announced on Tuesday plans to invest nearly $6 billion in India over three years, underscoring the country's growing importance as a global hub for information technology expertise.
Published 07 Jun, 2006 12:00am
Gazprom seeks partners, acquisitions in Britain

Gazprom seeks partners, acquisitions in Britain

Russia's gas monopoly Gazprom OAO said on Tuesday it was seeking strategic partners and asset acquisitions on the British market as part of its ambitions to expand in western Europe.
Published 07 Jun, 2006 12:00am
Hewlett-Packard revises results higher

Hewlett-Packard revises results higher

Hewlett-Packard Co on Tuesday revised its reported quarterly results higher due to a settlement reached with US tax authorities over a multi-year audit.
Published 07 Jun, 2006 12:00am
Hewlett-Packard revises results higher

Hewlett-Packard revises results higher

Hewlett-Packard Co on Tuesday revised its reported quarterly results higher due to a settlement reached with US tax authorities over a multi-year audit.
Published 07 Jun, 2006 12:00am
Inflation picking up in Asia

Inflation picking up in Asia

May inflation numbers in much of Asia suggest a pick-up in price pressures is proving to be faster than anticipated, but economists say this is unlikely to trigger a sharp rise in interest rates for now.
Published 07 Jun, 2006 12:00am
Philippines shares slump

Philippines shares slump

Philippines share prices closed 0.63 percent lower on Tuesday following Wall Street's sharp overnight retreat but some selective bargain-hunting in late trade limited the downside, dealers said.
Published 07 Jun, 2006 12:00am
Malaysian shares sag

Malaysian shares sag

Malaysian share prices closed 0.69 percent lower on Tuesday in subdued trade, in line with losses on regional markets due to lingering concerns over higher interest rates in the US, dealers said. The Kuala Lumpur Composite Index closed down 6.41 points at
Published 07 Jun, 2006 12:00am
Hong Kong blue chips dip on rate fears

Hong Kong blue chips dip on rate fears

Hong Kong stocks ended down 0.27 percent on Tuesday as investors were on edge after comments from US Federal Reserve chairman Ben Bernanke suggested that interest rates could rise further.
Published 07 Jun, 2006 12:00am
US stocks sink as Bernanke warns on inflation

US stocks sink as Bernanke warns on inflation

US stocks plummeted on Monday as investors worried that Federal Reserve Chairman Ben Bernanke's tough talk on inflation meant the Fed wasn't done with interest-rate increases.
Published 07 Jun, 2006 12:00am
Chinese shares plunge

Chinese shares plunge

Chinese shares closed 0.33 percent lower on Tuesday, hit by an outflow of funds into several initial public offers, but a plan by Shanghai Port to list on the market sparked interest in a range of stocks.
Published 07 Jun, 2006 12:00am
US Treasury prices fall

US Treasury prices fall

Tough talk on inflation by Federal Reserve Chairman Ben Bernanke kicked Treasury prices lower on Monday as the market decided that another Federal Reserve rate hike at the end of June looked likely.
Published 07 Jun, 2006 12:00am
US Treasury prices fall

US Treasury prices fall

Tough talk on inflation by Federal Reserve Chairman Ben Bernanke kicked Treasury prices lower on Monday as the market decided that another Federal Reserve rate hike at the end of June looked likely.
Published 07 Jun, 2006 12:00am
Jakarta shares drop

Jakarta shares drop

Jakarta share prices closed 2.34 percent down on Tuesday in line with falls in regional markets which were triggered by Wall Street's overnight drop, dealers said.
Published 07 Jun, 2006 12:00am
Singapore shares tumble

Singapore shares tumble

Singapore share prices closed 0.72 percent lower on Tuesday on worries the US Federal Reserve will raise interest rates to curb inflation, dealers said. The Straits Times Index fell 17.24 points at 2,390.01 on volume of 853.84 million shares worth 995.94
Published 07 Jun, 2006 12:00am
Thai shares close down

Thai shares close down

Thai share prices closed 1.57 percent lower on Tuesday as investors fretted over a further spike in US interest rates following a tough speech by the US Federal Reserve chief, dealers said.
Published 07 Jun, 2006 12:00am
Nikkei declines on US rate concern, exporters drop

Nikkei declines on US rate concern, exporters drop

The Nikkei fell 1.81 percent on Tuesday to its lowest close in more than four months as exporters such as Fanuc Ltd and Honda Motor Co Ltd sank on renewed concerns about higher US interest rates and a possible economic slowdown in a key export market.
Published 07 Jun, 2006 12:00am
Indian shares weaken

Indian shares weaken

Indian share prices closed down 2.5 percent to below the psychologically key 10,000-point level on Tuesday amid fears of higher global interest rates and further fund sell-offs, dealers said.
Published 07 Jun, 2006 12:00am
Swiss franc unchanged

Swiss franc unchanged

The Swiss franc opened little changed against the euro and the dollar on Tuesday with the foreign exchange market waiting to see whether the European Central Bank (ECB) will hike interest rates.
Published 07 Jun, 2006 12:00am
Yuan reverses gains on stronger dollar

Yuan reverses gains on stronger dollar

China's yuan on Tuesday retreated, after having staged its largest single-day rise against the dollar since its revaluation on Monday, as the US currency extended gains on global markets.
Published 07 Jun, 2006 12:00am
Dollar extends rebound on Bernanke's comments

Dollar extends rebound on Bernanke's comments

The dollar extended a recovery on Tuesday from one-year lows against the euro after Federal Reserve Chairman Ben Bernanke's pledge to stay vigilant against inflation left the door open for another interest rate rise later in June.
Published 07 Jun, 2006 12:00am
Bernanke helps dollar to session highs

Bernanke helps dollar to session highs

The dollar rose against the euro and yen on Monday after Federal Reserve Chairman Ben Bernanke said the central bank would remain vigilant in its attempts to stem a rise in core inflation.
Published 07 Jun, 2006 12:00am
Asian currencies weak as Fed's Bernanke signals

Asian currencies weak as Fed's Bernanke signals

Asian currencies weakened on Tuesday after traders interpreted comments on inflation by the US Federal Reserve chairman as a signal that US rates would go still higher.
Published 07 Jun, 2006 12:00am
Hong Kong dollar weakens

Hong Kong dollar weakens

The Hong Kong dollar edged lower on Tuesday, while longer-dated interbank rates and interest rate swaps rebounded after hawkish comments from Federal Reserve Chairman rekindled expectations for more interest rate rises.
Published 07 Jun, 2006 12:00am
Flintoff's ankle trouble adds to England's woes

Flintoff's ankle trouble adds to England's woes

Stand-in England captain Andrew Flintoff has revealed that a scan has shown bone fragments around his problem left ankle, adding to England's worrying list of walking wounded.
Published 07 Jun, 2006 12:00am
Sri Lanka move up a notch in ICC Test table

Sri Lanka move up a notch in ICC Test table

Sri Lanka's feat of squaring the three-match Test series with England 1-1 have seen them move up one place in the LG ICC Test Championship table. Mahela Jayawardene's side gained two rating points as a result of the drawn series, secured by a 134-run win
Published 07 Jun, 2006 12:00am
Murali: I gave England eight of the best

Murali: I gave England eight of the best

Muttiah Muralitharan insisted his eight-wicket haul in Sri Lanka's series-levelling 134-run victory over England here at Trent Bridge on Monday was one of his greatest-ever performances.
Published 07 Jun, 2006 12:00am
West Indies chase 392 after Indian fightback

West Indies chase 392 after Indian fightback

A day of high drama on Monday ended with West Indies chasing 392 for victory in the opening Test against India at the Antigua Recreation Ground.
Published 07 Jun, 2006 12:00am
Clijsters dumps Hingis out of French Open

Clijsters dumps Hingis out of French Open

Former world number one Kim Clijsters produced a masterful display to reach the semi-finals of the French Open at the expense of Martina Hingis on Tuesday.
Published 07 Jun, 2006 12:00am
Gambia releases detained BBC reporter

Gambia releases detained BBC reporter

Gambian security forces released a local British Broadcasting Corporation reporter on Tuesday who was detained in a crackdown on journalists suspected of links to a controversial US-based online newspaper.
Published 07 Jun, 2006 12:00am
Australia to examine nuclear power industry

Australia to examine nuclear power industry

Australia is to study whether to set up a nuclear power and enrichment industry, Prime Minister John Howard said on Tuesday, angering environmentalists who want the country to maintain its nuclear-free stance.
Published 07 Jun, 2006 12:00am
Trade union members face growing violence: study

Trade union members face growing violence: study

Trade union members round the world face a growing risk of incarceration and violence for defending workers' rights, an international labour organisation said in an annual study.
Published 07 Jun, 2006 12:00am
Zimbabwe risks failed state without world pressure

Zimbabwe risks failed state without world pressure

Zimbabwe is increasingly likely to become a failed state plagued by unrest and violence if the world community does not act to address its deep political and economic crisis, a think-tank said on Tuesday.
Published 07 Jun, 2006 12:00am
Merkel and Chirac see EU treaty solution by end-2008

Merkel and Chirac see EU treaty solution by end-2008

Germany and France said on Tuesday the European Union would set its stalled constitution back on track over an 18-month period beginning with Berlin's presidency in the first half of 2007.
Published 07 Jun, 2006 12:00am
WHO rules out bird flu in four nurses

WHO rules out bird flu in four nurses

The World Health Organisation said on Tuesday that bird flu had been ruled out in the cases of four Indonesian nurses who fell sick after caring for people infected with H5N1 virus.
Published 07 Jun, 2006 12:00am
Indonesia fights uphill battle against bird flu

Indonesia fights uphill battle against bird flu

Chickens roam free just a couple of minutes' walk from Jakarta's central business district and elsewhere in Indonesia it is common to see poultry workers handling dead birds, mucus dripping from beaks, with bare hands.
Published 07 Jun, 2006 12:00am
Aid not flowing for Indonesian quake victims

Aid not flowing for Indonesian quake victims

Dozens of aid trucks laden with rice remained blocked in government depots on Tuesday due to bureaucratic bottlenecks, angering Indonesian earthquake survivors struggling to rebuild their shattered lives.
Published 07 Jun, 2006 12:00am
Blair backs police over raid

Blair backs police over raid

British Prime Minister Tony Blair threw his support behind police on Tuesday after a man was shot in a raid on a house police suspected of being used for making a chemical bomb.
Published 07 Jun, 2006 12:00am
US official plays down Maliki's comments on Haditha

US official plays down Maliki's comments on Haditha

A senior US State Department official on Tuesday played down tough criticism by Iraq's prime minister over the Haditha incident, saying "I wouldn't make too much out of" the remarks.
Published 07 Jun, 2006 12:00am
Iraq to free 2,500 prisoners

Iraq to free 2,500 prisoners

Iraq's new prime minister said on Tuesday he would release 2,500 prisoners in an apparent bid to shore up his own authority amid signs of tension in his ruling Shia Alliance.
Published 07 Jun, 2006 12:00am
Former top Taiwan financial official jailed

Former top Taiwan financial official jailed

A former Taiwanese top financial official was sentenced Tuesday to a combined jail term of 10 years for his involvement in an insider trading scandal, a court official said.
Published 07 Jun, 2006 12:00am
Two US soldiers killed in Afghan blast

Two US soldiers killed in Afghan blast

Two US soldiers were killed Tuesday when a bomb planted on the side of a road exploded in eastern Afghanistan, the US-led coalition said, after the Taleban claimed responsibility for the blast.
Published 07 Jun, 2006 12:00am
Abbas extends deadline to Hamas over referendum

Abbas extends deadline to Hamas over referendum

Palestinian President Mahmoud Abbas, extending a deadline on Tuesday, gave the Hamas government another 48 hours to accept a manifesto implicitly recognising Israel or face a referendum on the issue.
Published 07 Jun, 2006 12:00am
Europe and Africa craft joint strategy on migrant flow

Europe and Africa craft joint strategy on migrant flow

Experts from Europe and Africa on Tuesday drew up a joint plan to fight illegal migration which will combine tougher prevention measures with more aid to persuade young Africans to stay in their homelands.
Published 07 Jun, 2006 12:00am
Japan gives go-ahead to delayed loans for China

Japan gives go-ahead to delayed loans for China

Japan said on Tuesday it had decided to grant 74 billion yen ($659 million) in low-interest loans to China, more than two months after it delayed a decision on the aid because of strains in bilateral ties.
Published 07 Jun, 2006 12:00am
Rumsfeld's Indonesia visit cements US military ties

Rumsfeld's Indonesia visit cements US military ties

Defence Secretary Donald Rumsfeld hailed restored US military ties with Indonesia, but was told that America was seen as "overbearing" when it appeared to be pushing its anti-terrorism policies on others.
Published 07 Jun, 2006 12:00am
Militia vow to make Somalia Islamic state

Militia vow to make Somalia Islamic state

Islamic militia vowed to turn Somalia into a religious state on Tuesday, pushing north to take more territory after winning a three-month battle for Mogadishu.
Published 07 Jun, 2006 12:00am
Three British soldiers cleared of Iraqi's death

Three British soldiers cleared of Iraqi's death

Three British soldiers were cleared by a military court on Tuesday of manslaughter in the death of an Iraqi youth who drowned in a canal. The soldiers, who arrested Ahmed Karheem as a suspected looter in the southern Iraqi city of Basra in May 2003, had b
Published 07 Jun, 2006 12:00am
Indian rupee declines

Indian rupee declines

The Indian rupee weakened against the dollar on Tuesday following gains in the US currency and a fall in Mumbai shares, which led to concerns foreign investors would pull out more funds.
Published 07 Jun, 2006 12:00am
Sterling rises versus euro

Sterling rises versus euro

Sterling ticked higher against the euro on Tuesday, supported by robust British data and by news that British airports operator BAA Plc had agreed to a $19 billion-pound take-over bid.
Published 07 Jun, 2006 12:00am
Dollar holds firm versus euro and yen

Dollar holds firm versus euro and yen

The dollar held firm against the euro and the yen on Tuesday after comments from Federal Reserve Chairman Ben Bernanke left the door open for another US interest rate rise later in June.
Published 07 Jun, 2006 12:00am
Bonds: buyback hopes buoy BAA; indices weaken

Bonds: buyback hopes buoy BAA; indices weaken

BAA's debt rallied on Tuesday, as bondholders shrugged off a take-over bid amid speculation any new owner of the world's largest airport operator would buy bonds back at full cost once a take-over is completed.
Published 07 Jun, 2006 12:00am
Bonds: buyback hopes buoy BAA; indices weaken

Bonds: buyback hopes buoy BAA; indices weaken

BAA's debt rallied on Tuesday, as bondholders shrugged off a take-over bid amid speculation any new owner of the world's largest airport operator would buy bonds back at full cost once a take-over is completed.
Published 07 Jun, 2006 12:00am
US Stocks: Tuesday's unofficial close

US Stocks: Tuesday's unofficial close

US stocks fell on Tuesday, with the Dow dropping below 11,000 for the first time since early March, as recent warnings about inflation from top Fed officials increased expectations for more interest-rate hikes and dimmed the outlook for economic growth.
Published 07 Jun, 2006 12:00am
FTSE plummets on US rate fears

FTSE plummets on US rate fears

UK stocks closed sharply down on Tuesday as concerns about more US interest rate hikes rattled investor confidence, but the world's biggest airports operator BAA rose after agreeing to a take-over bid.
Published 07 Jun, 2006 12:00am
South Africa maize at new peak, exports drop

South Africa maize at new peak, exports drop

South African white maize prices scaled fresh 27-month peaks on Tuesday, driven by renewed rand weakness, while data showed a slight dip in exports of the grain last week.
Published 07 Jun, 2006 12:00am
US corn sellers court potential Chinese

US corn sellers court potential Chinese

Dealings between US corn exporters and potential Chinese buyers have picked up following China's first major purchase of US corn in years, but buyers are cautious about booking more cargoes, the head of the US Grains Council's Beijing office said on Thurs
Published 07 Jun, 2006 12:00am
Oil prices slip after Iran comments

Oil prices slip after Iran comments

Oil slipped on Tuesday after Iran said world powers had made positive proposals to end a crisis over its nuclear programme, opening the door to more talks.
Published 07 Jun, 2006 12:00am
Brazil soya area seen falling 6.7 percent

Brazil soya area seen falling 6.7 percent

Brazil's 2006/07 soyabean planting, which starts in September, will fall by 1.5 million hectares, or 6.7 percent, from the current crop area of 22.28 million hectares due to the crisis in the sector, analyst Celeres said on Tuesday.
Published 07 Jun, 2006 12:00am
New York cotton

New York cotton

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

Published 07 Jun, 2006 12:00am
New York cotton

New York cotton

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

Published 07 Jun, 2006 12:00am
New York cotton settles lower

New York cotton settles lower

Cotton futures finished lower on Tuesday on speculative profit-taking and sales as the market appeared to take a break after rising steadily the past two weeks, although the overall tone remains bullish, brokers said.
Published 07 Jun, 2006 12:00am
London coffee falls

London coffee falls

London July coffee futures fell 4 percent to $1,112 a tonne on Tuesday amid fund selling, tracking a decline in New York, dealers said. "There are some funds going short. It's New York that started it off," one dealer said.
Published 07 Jun, 2006 12:00am
Metals close lower

Metals close lower

The recent correction across financial markets sent prices on the London Metal Exchange (LME) lower on Tuesday, but the metals managed to stay within their ranges underpinned by tight supply, dealers said.
Published 07 Jun, 2006 12:00am
European gold stumbles on resurgent dollar

European gold stumbles on resurgent dollar

Gold prices buckled on Tuesday, briefly losing 2.5 percent before steadying in US trade, as the dollar rallied and oil came under pressure, and traders expect bullion to remain volatile in the short term.
Published 07 Jun, 2006 12:00am
US MIDDAY: cocoa slumps

US MIDDAY: cocoa slumps

US benchmark cocoa futures fell about 1 percent to a one-week low Tuesday, depressed by speculative liquidation as a resurgent dollar weighed on the commodity sector, traders said.
Published 07 Jun, 2006 12:00am
US MIDDAY: coffee futures slide

US MIDDAY: coffee futures slide

Benchmark arabica coffee futures settled down 2.4 percent at a nine-month low Tuesday, depressed by fund selling amid deteriorating technical signals on the price charts and broad weakness in the commodity sector, traders said.
Published 07 Jun, 2006 12:00am
US MIDDAY: sugar lower

US MIDDAY: sugar lower

Raw sugar prices reeled from speculative sales and switch trade to close softer Tuesday and the process of moving positions out of the spot contract before it expires this month is tipped to dominate trading for the rest of June, analysts said.
Published 07 Jun, 2006 12:00am
US MIDDAY: wheat down

US MIDDAY: wheat down

Soft red winter wheat futures on the Chicago Board of Trade were sharply lower at midsession on Tuesday as a broad-based commodities sell-off triggered fund selling, traders said.
Published 07 Jun, 2006 12:00am
US MIDDAY: corn slides

US MIDDAY: corn slides

Corn futures at the Chicago Board of Trade fell early on Tuesday as a good start to this year's growing season and mostly favourable Midwest crop weather spurred fund long liquidation, traders said.
Published 07 Jun, 2006 12:00am
US MIDDAY: copper declines

US MIDDAY: copper declines

US copper futures fell more than 3 percent at the open on Tuesday, rattled by worries over inflation and slowing economic growth after comments from Federal Reserve Chairman Ben Bernanke left the door open for another US interest rate hike this month, sou
Published 07 Jun, 2006 12:00am
US MIDDAY: soya weakens

US MIDDAY: soya weakens

Soyabean futures at the Chicago Board of Trade slid early on Tuesday as the market continued to set back after Friday's rally amid pressure from favourable US crop conditions, traders said.
Published 07 Jun, 2006 12:00am
US MIDDAY: gold plunges

US MIDDAY: gold plunges

Gold futures tumbled 2.4 percent in New York on Tuesday morning in a sell-off triggered by a stronger US dollar and lower oil prices, traders said.
Published 07 Jun, 2006 12:00am
Trader gunned down

Trader gunned down

Some unidentified people shot dead Hafiz Idrees (30), a spare parts dealer and a resident of Khanpur in Kot Chatta police station area, while he was asleep at home.
Published 07 Jun, 2006 12:00am
90 power thieves arrested

90 power thieves arrested

Various teams of Multan Electric Power Company (Mepco) sub-divisions have conducted raids in Pakgate, Cantonment, Mumtazabad, Garden Town, Bosan, Manzoorabad and other areas of the Multan city and apprehended 90 consumers red-handed while stealing power,
Published 07 Jun, 2006 12:00am
Student killed in accident

Student killed in accident

A youth was killed while his friend sustained injuries when a bus hit their motorbike here at Ghari Shahue on Tuesday. Police said that deceased Bilal Amjad Butt, a student of BA r/o Dharampura along with his friend Vikki was coming home on a motorcycle f
Published 07 Jun, 2006 12:00am
NWFP traders to launch protest drive against lawlessness

NWFP traders to launch protest drive against lawlessness

The traders here on Tuesday unanimously decided to launch a protest movement against the deteriorating law and order situation in the provincial metropolis and failure of the provincial and district administration in the arrest of the culprits involved in
Published 07 Jun, 2006 12:00am
Budget receives mixed reaction

Budget receives mixed reaction

The Federal budget for fiscal year 2006-07 received mixed reaction as the opposition parties members criticised the increased defence allocations. They said that the budget was not relief-oriented but a jugglery of figures.
Published 07 Jun, 2006 12:00am
Budget termed people-friendly

Budget termed people-friendly

Punjab Minister for Industries Muhammed Ajmal Cheema has termed the 2006-07 Federal budget as reflective of aspirations of the people, and said the government had won the hearts of the people by taking solid measures against price-hike.
Published 07 Jun, 2006 12:00am
Investment in R&D up by 41.3 percent

Investment in R&D up by 41.3 percent

Rs 5.5 billion will be provided to the Science and Technology sector in 2006-07, under the Public Sector Development Programme as against Rs 3.9 billion provided last year, say the Planning Commission.
Published 07 Jun, 2006 12:00am
Freedom of expression

Freedom of expression

Over a period of a few years, the print media has, with concerted efforts, achieved a degree of freedom, which is more than what we witness in other institutions.
Published 07 Jun, 2006 12:00am
KESC's fast meters

KESC's fast meters

KESC has recently started installing manipulated, fast meters in place of existing faultless meters. The new meters are fast in the sense that they are registering more than 300 percent units in excess of actual consumption.
Published 07 Jun, 2006 12:00am
Exam system of Urdu university

Exam system of Urdu university

Through this esteemed newspaper I would like to draw the attention of the higher education authorities towards the lacunae present in the existing examination system.
Published 07 Jun, 2006 12:00am
Myanmar refugees want permanent home in Bangladesh

Myanmar refugees want permanent home in Bangladesh

Zafar Alam, like thousands of other Rohingya Muslims from Myanmar living in Bangladesh refugee camps, says he will never go home. He is one of more than 21,000 Rohingyas living in two camps at Kutupalong and Nayapara in the Cox's Bazar district, 450 km (2
Published 07 Jun, 2006 12:00am
Making quality education accessible to women

Making quality education accessible to women

At the World Education Forum held at Dakar, Senegal, in year 2000, all the 189 member nations pledged to equip their children and youth population with a high quality primary, secondary and tertiary education along with their exclusive commitment to achie
Published 07 Jun, 2006 12:00am
A good beginning

A good beginning

An unsavoury taboo was broken last Thursday when the government for the first time ever put its defence budget proposals for 2006-07 before a parliamentary body, the Senate Standing Committee on Defence and Defence Production, which, of course, includes m
Published 07 Jun, 2006 12:00am
World Bank loans

World Bank loans

The World Bank's decision to provide 6.5 billion dollars in loans to Pakistan over a period of four years, comprising soft loans of 3.1 billion dollars under IDA and 3.4 billion dollars under regular credit, has been hailed as a great success.
Published 07 Jun, 2006 12:00am
Budget termed pro-business

Budget termed pro-business

Pakistan-US Business Council on Tuesday said that relief measures, reduction in duties and taxes and package of incentives offered to private sector in the federal budget would help boost industrial production, promote business activities and attract fore
Published 07 Jun, 2006 12:00am
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