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Print - 2006-06-09
Place of blast could not be pin pointed: TPO

Place of blast could not be pin pointed: TPO

Captain Muhammaed Tahir Naveed (Retd), Town Police Officer (TPO), Jamshed Town in his deposition before Tribunal of Inquiry probing into Nishtar Park tragedy said that he could not identify the place of blast.
Published 09 Jun, 2006 12:00am
Rs 400 million uplift projects initiated in Qasimabad

Rs 400 million uplift projects initiated in Qasimabad

The development projects of Rs 400 million have been initiated in Qasimabad Taluka of Hyderabad district in a short span of time of six months while more development schemes amounting to Rs 100 million will by launched in the same taluka by the District g
Published 09 Jun, 2006 12:00am
Mixed reaction over budget

Mixed reaction over budget

The federal budget has come under attack by the public opinion leaders, experts, industrials, consumers and even the traders. Hyderabad Chamber of Commerce office bearers have termed budget termed as an election budget and said no steps had been taken for
Published 09 Jun, 2006 12:00am
Karachi to get four more Sabzi Mandis

Karachi to get four more Sabzi Mandis

To improve supply of vegetables and fruits, Karachi would have four new Sabzi Mandis. The provincial government and CDGK would set up two each of the new Sabzi Mandis. This was decided in a high-level meeting held in the Governor House, with Sindh Governo
Published 09 Jun, 2006 12:00am
More research in mycology stressed

More research in mycology stressed

Scientists had consensus of opinion that mycology needs lot of attention through research on its different aspects that are beneficial for human.
Published 09 Jun, 2006 12:00am
Illegal Pakistani entrants

Illegal Pakistani entrants

Iranian security personnel arrested 31 Pakistanis and handed them over to levies here. According to levies, these Pakistanis had illegally entered Iran through various agents and wanted to go to Europe in search of employment. They were arrested by the Ir
Published 09 Jun, 2006 12:00am
PCG apprehends 12 illegal immigrants

PCG apprehends 12 illegal immigrants

Pakistan Coast Guards (PCG) have taken into custody 12 illegal immigrants, including seven Afghans attempting to cross over to Iran from Sunster near Kumb (Pak-Iran) border, here on Thursday morning.
Published 09 Jun, 2006 12:00am
Basmati registration as collective mark to BGA slammed

Basmati registration as collective mark to BGA slammed

A heat wave has spread widely across the country over the issue of Basmati registration as the collective mark by Basmati Growers Association (BGA) which is only a seven-member entity.
Published 09 Jun, 2006 12:00am
Pakistan and India share platform at IPEC

Pakistan and India share platform at IPEC

The first-ever International Property Exhibition and Conference (IPEC) will be held from July 7 to 9 at a local hotel. According to organisers here on Thursday, IPEC 2006 will attract many eminent local and international speakers for the conferences, whic
Published 09 Jun, 2006 12:00am
Paperless office system in Sindh government offices soon

Paperless office system in Sindh government offices soon

File Tracking System, aimed at materialising dream of paperless office, would be uploaded within 15 to 20 days on Internet and installed first at the office of Sindh Chief Secretary, said Advisor to Chief Minister for Environment, Alternative Energy & Inf
Published 09 Jun, 2006 12:00am
'Police, community linkage vital to control crimes'

'Police, community linkage vital to control crimes'

Capital City Police Officer (CCPO) Karachi Niaz Ahmed Siddiqi has said that a "modern model" will be worked out in co-ordination with police department and community to further expand the scope of community policing.
Published 09 Jun, 2006 12:00am
FJWU students win fine arts contest

FJWU students win fine arts contest

Lubna Syed, Sadia Nauman, Zille Humma Rashid and Sumera Naz of Fatima Jinnah Women University (FJWU) have won Fine arts Thesis Display of BCA VIII Session 2002-06.
Published 09 Jun, 2006 12:00am
156 illegal FM channels closed

156 illegal FM channels closed

Pakistan Electronic Media Regulatory Authority has closed 156 illegal FM radio stations which were spreading sectarian hatred in the society. The Pemra has launched a campaign for closure of illegal FM radio stations with co-ordination of the NWFP governm
Published 09 Jun, 2006 12:00am
Insufficient amount allocated for education in budget: Qazi

Insufficient amount allocated for education in budget: Qazi

The Ministry of Education is disappointed over insufficient budgetary allocation for primary and secondary levels, said Minister for Education Javed Ashraf Qazi. Talking to newsmen after the inaugural session of a two-day national conference on "Pakistani
Published 09 Jun, 2006 12:00am
Clarification on Chinese cement

Clarification on Chinese cement

The Ministry of Industries and Production has confirmed that the quality of Chinese Cheeta cement is up to British and Pakistani standards. The ministry's clarification issued at a time when the local cement manufacturers were spreading disinformation in
Published 09 Jun, 2006 12:00am
Medical tourism to attract investment: Nasir

Medical tourism to attract investment: Nasir

Federal Minister for Health, Muhammad Nasir Khan has said that government would introduce the medical tourism to attract foreign investment in building hospital, equipped with modern facilities.
Published 09 Jun, 2006 12:00am
Dr Ishrat for merit in civil services

Dr Ishrat for merit in civil services

Dr Ishrat Hussain, chairman, National Commission on Government Reforms (NCGR) and former SBP governor, said on Thursday that the government should adhere to merit and proper regional representation in civil services to put in place good governance in the
Published 09 Jun, 2006 12:00am
NBFC rules: IBAP team meets SECP chief

NBFC rules: IBAP team meets SECP chief

A delegation of Investment Banks Association of Pakistan (IBAP), led by its chairman Rashid Mansur, held a meeting with Commissioner, Securities and Exchange Commission of Pakistan (SECP), Salman A Sheikh, and discussed with him the draft of the upcoming
Published 09 Jun, 2006 12:00am
NBFC rules: IBAP team meets SECP chief

NBFC rules: IBAP team meets SECP chief

A delegation of Investment Banks Association of Pakistan (IBAP), led by its chairman Rashid Mansur, held a meeting with Commissioner, Securities and Exchange Commission of Pakistan (SECP), Salman A Sheikh, and discussed with him the draft of the upcoming
Published 09 Jun, 2006 12:00am
Pakistan Post and Ufone sign MoU

Pakistan Post and Ufone sign MoU

The government has signed a memorandum of understanding (MoU) with a cellular service-providing company to extend communication services to remote areas.
Published 09 Jun, 2006 12:00am
Prgmea and PHMA sign MoU with Kazakhstan's Ontustik

Prgmea and PHMA sign MoU with Kazakhstan's Ontustik

Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) and Pakistan Hosiery Manufacturers Association (PHMA) singed a joint Memorandum of Understanding (MoU) with Kazakhstan Special Economic Zone "Ontustik".
Published 09 Jun, 2006 12:00am
EU corner at Karachi University campus inaugurated

EU corner at Karachi University campus inaugurated

A European Union corner was inaugurated at Karachi University campus on Thursday. The First Counsellor Finance of the delegation of the European Commission to Pakistan, Emmanuel Mersch, performed the inauguration. The Vice-Chancellor of Karachi University
Published 09 Jun, 2006 12:00am
Chinese bankers team completes training in HBL institute

Chinese bankers team completes training in HBL institute

Habib Bank Limited (HBL) held a reception for a team of Chinese bankers from Urumqi City Commercial Bank (UCCB), one of the premier banks in Xingjiang autonomous region headquartered in Urumqi.
Published 09 Jun, 2006 12:00am
12,000 tonnes ship anchored at Gaddani for scrapping

12,000 tonnes ship anchored at Gaddani for scrapping

A 12,000 tonnes ship has anchored at Gaddani beach for scrapping. According to details, a ship 'Flag Supplier' has been brought and anchored at Gaddani ship breaking yard along Balochistan coast close to Karachi.
Published 09 Jun, 2006 12:00am
758 Pakistani deportees due today

758 Pakistani deportees due today

A boat, carrying as many as 758 Pakistanis, arrested and deported by the Oman government, will reach at Karachi on Friday morning. The arrangements for their release and deportation were made Ansar Burney Trust International with co-operation of Pakistan
Published 09 Jun, 2006 12:00am
Bulgarian superstore chain to open outlets in Pakistan

Bulgarian superstore chain to open outlets in Pakistan

The Metro Cash and Carry - retail, wholesale and shopping chain of Bulgaria - has agreed to purchase different Pakistani products, especially the textile made-ups for its stores in Bulgaria and other countries.
Published 09 Jun, 2006 12:00am
'Increasing inflation disappoints masses'

'Increasing inflation disappoints masses'

Former Finance Minister Dr Mubashir Hassan has said that inflation does not take place itself but it is brought by the rulers, saying that even the opposition members did not say about the price hike. In an interview with a private TV channel, he said tha
Published 09 Jun, 2006 12:00am
Punjab PPPP plans rallies from Jine 15

Punjab PPPP plans rallies from Jine 15

The Pakistan Peoples Party-Parliamentarian (PPPP) will hold province-wide rallies against privatisation, poor law and order situation and unprecedented price hike of the daily use items from June 15, according to party's labour wing head Abdul Qadir Shahe
Published 09 Jun, 2006 12:00am
CoD to bring army under political supremacy: Benazir

CoD to bring army under political supremacy: Benazir

Pakistan People's Party Chairperson Benazir Bhutto has dismissed the impression that PPP and PML-N can't work together. Speaking to a private TV channel, she said that Pakistan was passing through the worst political and constitutional crises.
Published 09 Jun, 2006 12:00am
Opposition criticises victimisation in Punjab

Opposition criticises victimisation in Punjab

Opposition on the opening day of the Punjab assembly session on Thursday severely criticised the provincial government for framing cases against legislators and leadership of Pakistan People's Party Parliamentarians (PPPP), who were holding a public meeti
Published 09 Jun, 2006 12:00am
MMA Sindh to observe protest day today

MMA Sindh to observe protest day today

Muttahida Majlis-i-Amal (MMA) Sindh chapter would observe province-wide protest day against Islamabad-agreement of PML-Q and MQM, demolition of villages, power outage, anti-people budget and non-arrest of terrorists involved in Nishtar Park bomb blast.
Published 09 Jun, 2006 12:00am
No secret links with government: Fazl

No secret links with government: Fazl

Leader of the opposition in the National Assembly Maulana Fazlur Rehman has denied reports that the government has established secret links with him to muster his support for the proposed re-election of the President from the present assemblies.
Published 09 Jun, 2006 12:00am
AJK Prime Minister's wife laid to rest in Fatephpur

AJK Prime Minister's wife laid to rest in Fatephpur

Saeeda Akhter wife of Sardar Sikander Hayat. Khan, Prime Minister of Azad and Jammu Kashmir, died due to cardiac arrest in. PINS on Wednesday .She was laid to rest in her ancestral graveyard in Kotli district on Thursday.
Published 09 Jun, 2006 12:00am
UN warns of more landslides in quake-hit north

UN warns of more landslides in quake-hit north

Monsoon rains may trigger further landslides in Pakistan's quake-ravaged north, which could impede relief efforts to the area, the United Nations has warned.
Published 09 Jun, 2006 12:00am
Efforts on to achieve cotton production target: minister

Efforts on to achieve cotton production target: minister

Federal Minister for Food and Agriculture, Sikandar Hayat Bosan has said that the government is making all-out efforts to achieve the cotton production target of 13.8 million bales. He was presiding over a meeting to finalise the cotton production strateg
Published 09 Jun, 2006 12:00am
'Every district to have main distribution utility stores centre'

'Every district to have main distribution utility stores centre'

Managing Director, Utility Stores Corporation Hafeez Ahmed said on Thursday that every district would have a main distribution centre of utility stores within a year. Speaking in a PTV programme he said that efforts are being made to expand utility stores
Published 09 Jun, 2006 12:00am
The Weather

The Weather

The weather report on Thursday (June 08, 2006) and the forecast for Friday (June 09, 2006).
Published 09 Jun, 2006 12:00am
Scholars urge government to adopt proactive policy on Iran

Scholars urge government to adopt proactive policy on Iran

Speakers at a seminar on "Iran-US stand-off: Options for Pakistan" on Thursday urged Pakistan to adopt a pro-active policy to stop US from attacking Iran over its Nuclear program. Chairing the session, Senator Professor Khurshid Ahmad said that Pakistan's
Published 09 Jun, 2006 12:00am
New York cotton

New York cotton

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

Published 09 Jun, 2006 12:00am
Pakistan to join SCO member countries

Pakistan to join SCO member countries

Pakistan will join member countries of the Shanghai Co-operation Organisation (SCO) to hold regular joint anti-terrorism exercises, said an official of the SCOs secretariat here on Thursday.
Published 09 Jun, 2006 12:00am
New York cotton

New York cotton

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

Published 09 Jun, 2006 12:00am
Yashwant calls on Kasuri

Yashwant calls on Kasuri

Former Indian External Affairs minister Yashwant Sinha called on Foreign Minister Khurshid M. Kasuri on Thursday and discussed the current status of the composite dialogue process between Pakistan and India.
Published 09 Jun, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (June 08, 2006).

Published 09 Jun, 2006 12:00am
Palestine foreign minister appreciates Pakistan's support

Palestine foreign minister appreciates Pakistan's support

Foreign Minister of Palestine Mahmud Al-Zahar appreciating Pakistan's support and co-operation to Palestine government, said on Thursday the Palestine was also looking for the resolution of Kashmir issue through peaceful means.
Published 09 Jun, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (June 08, 2006).

Published 09 Jun, 2006 12:00am
Key stock and currency market movements at 1700 GMT

Key stock and currency market movements at 1700 GMT

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 09 Jun, 2006 12:00am
Palestine Foreign Minister meets Soomro

Palestine Foreign Minister meets Soomro

The State of Palestine Minister of Foreign Affairs Dr Mahmoud Al-Zahar called on Senate Chairman Muhammadmian Soomro on Thursday and discussed regional and international situation with particular reference to the Middle East.
Published 09 Jun, 2006 12:00am
Tax incentives proposed to boost call center sector

Tax incentives proposed to boost call center sector

Based on the exemption of duties/taxes given in India, the government has announced a tax incentive package for the 'call centers' to encourage their establishment. Under the package announced in the budget, minimum 5 percent customs duty would be applica
Published 09 Jun, 2006 12:00am
Tax incentives proposed to boost call center sector

Tax incentives proposed to boost call center sector

Based on the exemption of duties/taxes given in India, the government has announced a tax incentive package for the 'call centers' to encourage their establishment. Under the package announced in the budget, minimum 5 percent customs duty would be applica
Published 09 Jun, 2006 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

General discussion on the federal budget began in the National Assembly on Thursday and the Senate resumed the debate for the same that started a day before. The level of discussion was quite high in both the Houses but the hour-long speech that Chaudhry
Published 09 Jun, 2006 12:00am
Budget figures fudged, says PML-N

Budget figures fudged, says PML-N

Pakistan Muslim League (PML-N) on Tuesday blamed the government for not disclosing the actual figures of supplementary grants in the budget documents saying the figures were fudge.
Published 09 Jun, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (June 08, 2006).

Published 09 Jun, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (June 08, 2006) and for Friday (June 09, 2006).
Published 09 Jun, 2006 12:00am
Confrontation in Senate over Kalabagh Dam issue

Confrontation in Senate over Kalabagh Dam issue

Supporters and opponents of Kalabagh Dam on Thursday argued during Senate budget debate on whether the project was vital to help Pakistan meet future energy needs or it was a design of tightening Punjab's grasp over smaller provinces resources.
Published 09 Jun, 2006 12:00am
Retired judges to be included in ADR panel

Retired judges to be included in ADR panel

The Central Board of Revenue (CBR) has decided to include retired judges in the panel of Alternative Dispute Resolution (ADR) committees for the settlement of tax-related disputes.
Published 09 Jun, 2006 12:00am
Erra housing subsidy crosses Rs 10 billion mark

Erra housing subsidy crosses Rs 10 billion mark

The amount of housing subsidy has exceeded Rs 10 billion with the release of another sum of Rs 1,180,675,000 by Earthquake Reconstruction and Rehabilitation Authority (Erra). According to a press release issued here on Thursday the number of beneficiaries
Published 09 Jun, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 08, 2006).

Published 09 Jun, 2006 12:00am
Islam condemns terrorism, says Maqbool

Islam condemns terrorism, says Maqbool

Dubbing Muslims as terrorists and discrimination against them would lead to clash and west should give second thought to its bias attitude towards Muslims, said Lieutenant General Khalid Maqbool (Retd), Governor Punjab here on Thursday.
Published 09 Jun, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 08, 2006).

Published 09 Jun, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 08, 2006).

Published 09 Jun, 2006 12:00am
LSE members concerned over hike in CVT

LSE members concerned over hike in CVT

Members and investors of Lahore Stock Exchange (LSE) have expressed deep concern and apprehensions over the doubling of capital value tax (CVT), withholding tax, and presumptive tax, which were proposed in the budget 2006-07, for shares transactions.
Published 09 Jun, 2006 12:00am
Pak-Iran ferry service talks on June 11

Pak-Iran ferry service talks on June 11

Pakistan and Iran will hold talks for launching ferry service between Karachi and Chahbahar on June 11. A three-member Pakistani delegation will leave for Tehran on Saturday, officials in the Ports and Shipping Ministry told Business Recorder on Th
Published 09 Jun, 2006 12:00am
PHDL assigned Triple B Plus

PHDL assigned Triple B Plus

JCR-VIS Credit Rating Company Ltd (JCR-VIS) has assigned medium to long term entity ratings of BBB+ (Triple B Plus) and short-term entity rating of A-3 (A Three) to Pakistan Hotel Developers Ltd (PHDL).
Published 09 Jun, 2006 12:00am
THE RUPEE: dollar moves up

THE RUPEE: dollar moves up

Bullish trend was seen in the interbank market on Thursday as the rupee shed three paisa versus the dollar for buying and selling at 60.11 and 60.13, dealers said. Increased demand for dollar forced the rupee to give up its gains in process of trading.
Published 09 Jun, 2006 12:00am
PHDL assigned Triple B Plus

PHDL assigned Triple B Plus

JCR-VIS Credit Rating Company Ltd (JCR-VIS) has assigned medium to long term entity ratings of BBB+ (Triple B Plus) and short-term entity rating of A-3 (A Three) to Pakistan Hotel Developers Ltd (PHDL).
Published 09 Jun, 2006 12:00am
THE RUPEE: dollar moves up

THE RUPEE: dollar moves up

Bullish trend was seen in the interbank market on Thursday as the rupee shed three paisa versus the dollar for buying and selling at 60.11 and 60.13, dealers said. Increased demand for dollar forced the rupee to give up its gains in process of trading.
Published 09 Jun, 2006 12:00am
City Council adopts eight resolutions despite opposition

City Council adopts eight resolutions despite opposition

The City District Council Karachi (CDCK) has adopted eight important resolutions forwarded by the treasury bench with the majority of votes while the opposition cast votes against all of them here on Thursday.
Published 09 Jun, 2006 12:00am
Sri Lanka asks Pakistan for military assistance

Sri Lanka asks Pakistan for military assistance

Sri Lanka is looking to Pakistan for help to bolster its military capabilities as the cease-fire between the government and rebels appears increasingly fragile, specialist publication Jane's Defence Weekly said on Thursday.
Published 09 Jun, 2006 12:00am
Pakistan well aware of defence needs: Shaukat

Pakistan well aware of defence needs: Shaukat

Prime Minister Shaukat Aziz on Thursday said that Pakistan is a peaceful nation but at the same time is cognisant of its defence requirements and will continue to strengthen its armed forces. He was talking to Chairman Joint Chiefs of Staff Committee, Gen
Published 09 Jun, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (June 08, 2006).

Published 09 Jun, 2006 12:00am
New and re-emerging infections and their prevention

New and re-emerging infections and their prevention

"Pathogenic microbes have been identified as a threat to humans since 1973. Over 30 new emergent diseases and syndromes have been recognised in humans since 1970s including Hepatitis C, Lyme disease, Escherichia Coli commonly known as E-Coli, Cyclopora an
Published 09 Jun, 2006 12:00am
'Uplift works on roads to be completed within a year'

'Uplift works on roads to be completed within a year'

Member of the Provincial Assembly Faisal Sabzwari, speaking at the inauguration ceremony of the Kidz and Famina expo on Thursday at the Expo Centre, said that all the development works on roads and streets in Karachi will be completed within a year.
Published 09 Jun, 2006 12:00am
Iffco launches venture in Lahore

Iffco launches venture in Lahore

Iffco, a UAE based corporation which manufactures and markets a wide range of integrated mass market consumer products, launched its Pakistan venture at a local hotel in Lahore recently. The Iffco Pakistan launch event witnessed by the leading retailers,
Published 09 Jun, 2006 12:00am
Rs 200 prize bonds draw

Rs 200 prize bonds draw

The draw for Rs 200 prize bonds will be held in Peshawar on June 15. According to National Savings Organisation sources, the bond carries a first prize of Rs 500,000 followed by three, -second prizes of Rs 150,000 each and 1550 prizes of Rs 1,000 each.
Published 09 Jun, 2006 12:00am
'UK willing to multiply investment in Pakistan'

'UK willing to multiply investment in Pakistan'

UK Trade and Investment Director Hamish Daniel has said that Britain, being the largest investor in Pakistan, wants to multiply its investment here and is taking all necessary steps in this regard.
Published 09 Jun, 2006 12:00am
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