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Print - 2006-06-25
NH&MP IG admires officers' behaviour

NH&MP IG admires officers' behaviour

Ahmed Nasim, Inspector General, National Highways & Motorway Police (NH&MP) has said that the officers of Motorway Police should consider their duty a sacred purpose. He said that the department is admired due to good behaviour of officers towards people
Published 25 Jun, 2006 12:00am
50 percent reduction in Lahore-Karachi freight rates announced

50 percent reduction in Lahore-Karachi freight rates announced

Federal Minister for Railways Rashid Ahmad has announced 50 percent reduction in goods trains freight rates, between Lahore and Karachi. He made the announcement to this effect at Lahore Chamber of Commerce and Industry.
Published 25 Jun, 2006 12:00am
Consul Generals to Manchester and Los Angeles named

Consul Generals to Manchester and Los Angeles named

Pakistan on Saturday announced appointment of Masroor Ahmad Junejo as Consul General of Pakistan, in Manchester (United Kingdom). Junejo holds Masters Degree in Business Administration and joined the Foreign Service of Pakistan in 1981.
Published 25 Jun, 2006 12:00am
Envoys moot begins on June 26

Envoys moot begins on June 26

A four-day envoys conference, being attended by the country's envoys from various regions including those from P-5 capitals, will be held here on June 26-29, to review the entire gamut of Pakistan's foreign policy.
Published 25 Jun, 2006 12:00am
Pakistan hails UN commission's inaugural meeting

Pakistan hails UN commission's inaugural meeting

The constitutive meeting of the UN Peace-building Commission here on Friday, with Pakistan has hoped that the 31-member mechanism would enable the international community to address the special needs of countries emerging from conflicts.
Published 25 Jun, 2006 12:00am
Kashmir globally recognised dispute: foreign office

Kashmir globally recognised dispute: foreign office

Pakistan on Saturday said the Jammu and Kashmir issue was an internationally recognised dispute and was not accepted as India's integral part. "No country accepts it (Jammu and Kashmir) to be an integral part of India," Foreign Office Spokesperson Tasnim
Published 25 Jun, 2006 12:00am
CDC meeting discusses financial sector reforms

CDC meeting discusses financial sector reforms

The theme of the 5th Co-ordination and Dialogue Committee (CDC) meeting held recently was 'Financial Sector Reforms.' The meeting was jointly chaired by Mumtaz Malik (Joint Secretary, Ministry of Finance and the meeting was attended by invitees including
Published 25 Jun, 2006 12:00am
'Substantial amount allocated to curb blindness'

'Substantial amount allocated to curb blindness'

The Federal Minister for Health Muhammad Nasir Khan said that Pakistan is the first country in Eastern Mediterranean Region (EMR) which has responded to WHO initiative to have National Vision for preventing blindness by allocating substantial money to cur
Published 25 Jun, 2006 12:00am
SBP sells Rs 18,200 million of treasury bills

SBP sells Rs 18,200 million of treasury bills

The State Bank of Pakistan (SBP) sold Rs 18200 million of Treasury Bills on Saturday in a three-day repo operation at 7.80 percent to mop up funds from the money market. However, the SBP rejected another bid to sell Rs 5200 million of Treasury bills in a
Published 25 Jun, 2006 12:00am
SBP sells Rs 18,200 million of treasury bills

SBP sells Rs 18,200 million of treasury bills

The State Bank of Pakistan (SBP) sold Rs 18200 million of Treasury Bills on Saturday in a three-day repo operation at 7.80 percent to mop up funds from the money market. However, the SBP rejected another bid to sell Rs 5200 million of Treasury bills in a
Published 25 Jun, 2006 12:00am
SBP sells Rs 18,200 million of treasury bills

SBP sells Rs 18,200 million of treasury bills

The State Bank of Pakistan (SBP) sold Rs 18200 million of Treasury Bills on Saturday in a three-day repo operation at 7.80 percent to mop up funds from the money market. However, the SBP rejected another bid to sell Rs 5200 million of Treasury bills in a
Published 25 Jun, 2006 12:00am
SBP sells Rs 18,200 million of treasury bills

SBP sells Rs 18,200 million of treasury bills

The State Bank of Pakistan (SBP) sold Rs 18200 million of Treasury Bills on Saturday in a three-day repo operation at 7.80 percent to mop up funds from the money market. However, the SBP rejected another bid to sell Rs 5200 million of Treasury bills in a
Published 25 Jun, 2006 12:00am
SPI 9.19 percent higher than last year

SPI 9.19 percent higher than last year

The Sensitive Price Indicator (SPI) inflation year-on-year of 53 daily use items for the week ending on June 22, 2006 has shown 9.19 percent increase as compared to the corresponding week of last fiscal year.
Published 25 Jun, 2006 12:00am
SPI 9.19 percent higher than last year

SPI 9.19 percent higher than last year

The Sensitive Price Indicator (SPI) inflation year-on-year of 53 daily use items for the week ending on June 22, 2006 has shown 9.19 percent increase as compared to the corresponding week of last fiscal year.
Published 25 Jun, 2006 12:00am
SPI 9.19 percent higher than last year

SPI 9.19 percent higher than last year

The Sensitive Price Indicator (SPI) inflation year-on-year of 53 daily use items for the week ending on June 22, 2006 has shown 9.19 percent increase as compared to the corresponding week of last fiscal year.
Published 25 Jun, 2006 12:00am
Remains of Motiur Rahman returned to Bangladesh

Remains of Motiur Rahman returned to Bangladesh

The remains of a Bangladeshi hero were returned home on Saturday, 35 years after he died in a plane crash in Pakistan. Prime Minister Khaleda Zia, government ministers and armed services chiefs were on the tarmac at Zia International airport as the coffin
Published 25 Jun, 2006 12:00am
Remains of Motiur Rahman returned to Bangladesh

Remains of Motiur Rahman returned to Bangladesh

The remains of a Bangladeshi hero were returned home on Saturday, 35 years after he died in a plane crash in Pakistan. Prime Minister Khaleda Zia, government ministers and armed services chiefs were on the tarmac at Zia International airport as the coffin
Published 25 Jun, 2006 12:00am
0.2 million school bags handed over to Afghanistan

0.2 million school bags handed over to Afghanistan

Ten trucks packed with 0.2 million school bags gifted by the Pakistan government for Afghan children left for Afghanistan. Director Afghan Trade and Development Islamabad Colonel Salim Akhtar (Retd) handed over the kits to First Secretary of Afghan Consul
Published 25 Jun, 2006 12:00am
Kabul wants good relations with Pakistan and India: Spanta

Kabul wants good relations with Pakistan and India: Spanta

The Afghan foreign minister called on Saturday on rivals Pakistan and India to leave Afghanistan out of their fraught ties saying Kabul wanted good relations with both. Rangin Dadfar Spanta was speaking to reporters on his return from his first visit to P
Published 25 Jun, 2006 12:00am
Deregulation policy spurs expansion in telecom sector: Prime Minister

Deregulation policy spurs expansion in telecom sector: Prime Minister

Prime Minister, Shaukat Aziz said on Saturday the government''s policy of deregulating the telecom sector has resulted in record high expansion and massive investment in the sector. "Today''s Pakistan has 32 million mobile phone subscribers and 20 percent
Published 25 Jun, 2006 12:00am
Deregulation policy spurs expansion in telecom sector: Prime Minister

Deregulation policy spurs expansion in telecom sector: Prime Minister

Prime Minister, Shaukat Aziz said on Saturday the government's policy of deregulating the telecom sector has resulted in record high expansion and massive investment in the sector. "Today's Pakistan has 32 million mobile phone subscribers and 20 percent t
Published 25 Jun, 2006 12:00am
Deregulation policy spurs expansion in telecom sector: Prime Minister

Deregulation policy spurs expansion in telecom sector: Prime Minister

Prime Minister, Shaukat Aziz said on Saturday the government's policy of deregulating the telecom sector has resulted in record high expansion and massive investment in the sector. "Today's Pakistan has 32 million mobile phone subscribers and 20 percent t
Published 25 Jun, 2006 12:00am
Bangladesh bans import of 74 chemicals

Bangladesh bans import of 74 chemicals

Bangladesh has imposed restrictions on the import of 74 chemicals mostly ozone-depleting items. According to information reaching Export Promotion Bureau (EPB) here on Saturday.
Published 25 Jun, 2006 12:00am
Measures taken to check price hike: Wasi

Measures taken to check price hike: Wasi

Government has taken elaborate measures to check price hike in addition to discourage hoarding to ensure availability of items of daily use at market rates, said Chaudhry Muhammad Wasi Zafar, Federal Minister for Law, Justice and Human Rights.
Published 25 Jun, 2006 12:00am
NWFP Assembly demands withdrawal of increase in gas prices

NWFP Assembly demands withdrawal of increase in gas prices

The NWFP Assembly on Saturday unanimously passed three identical resolutions demanded of the federal government to withdraw the decision of increase in the price of natural gas. The three identical resolutions were moved by Bashir Ahmad Bilour of ANP, Mau
Published 25 Jun, 2006 12:00am
Bangladesh oil lighter catches fire in Chittagong

Bangladesh oil lighter catches fire in Chittagong

A lighter owned by Bangladesh Shipping Corporation caught fire at the outer anchorage of Chittagong port on Saturday while transporting oil from a mother ship, port officials said. The Bangladesh navy rescued all 48 crew of the Banglar Shourav, including
Published 25 Jun, 2006 12:00am
Japanese nuclear worker tested for radiation

Japanese nuclear worker tested for radiation

A worker at a Japanese nuclear fuel reprocessing plant was being tested for possible exposure to a small amount of radiation on Saturday, but appeared to be suffering no health problems, the operator of the plant said.
Published 25 Jun, 2006 12:00am
Gazprom, Shell consider $7-8 billion GTL project

Gazprom, Shell consider $7-8 billion GTL project

Russian gas monopoly Gazprom and Royal Dutch Shell are thinking about building a gas-to-liquids plant in Western Siberia in a project potentially worth $7-8 billion, Gazprom said on Monday.
Published 25 Jun, 2006 12:00am
Emerging markets must develop local investor base

Emerging markets must develop local investor base

Emerging economies must grow their domestic investor base to complement foreign cash flows to local bond markets, a move that will also shield them from bouts of global risk aversion, a top fund manager said on Tuesday.
Published 25 Jun, 2006 12:00am
Emerging markets must develop local investor base

Emerging markets must develop local investor base

Emerging economies must grow their domestic investor base to complement foreign cash flows to local bond markets, a move that will also shield them from bouts of global risk aversion, a top fund manager said on Tuesday.
Published 25 Jun, 2006 12:00am
Bolivia to sue former Enron executives for fraud

Bolivia to sue former Enron executives for fraud

Bolivia's government said on Friday it would sue former executives of US energy company Enron as well as ex-government officials for fraud in relation to a natural gas pipeline to Brazil built in the 1990s.
Published 25 Jun, 2006 12:00am
China tests disputed East China Sea gas field

China tests disputed East China Sea gas field

China has completed a production test for typhoon conditions and returned to normal production testing of a disputed natural gas field in the East China sea, a Chinese industry newspaper reported.
Published 25 Jun, 2006 12:00am
Japan's opposition calls on Fukui to resign

Japan's opposition calls on Fukui to resign

Japan's four opposition parties called on Bank of Japan governor Toshihiko Fukui to resign on Saturday over what many see as ethical lapses concerning his personal investments.
Published 25 Jun, 2006 12:00am
AOL director 'worried' in 2000 about transactions

AOL director 'worried' in 2000 about transactions

Former AOL Time Warner Chairman Steve Case learned as early as 2000 about transactions that allowed the company to overstate revenues ahead of its merger with Time Warner, according to court documents unsealed on Friday.
Published 25 Jun, 2006 12:00am
US-led forces kill 70 more Taleban

US-led forces kill 70 more Taleban

US-led forces killed around 70 Taliban rebels during clashes in southern Afghanistan, the US military said on Saturday, raising the number of insurgents killed to 100 over the past three days.
Published 25 Jun, 2006 12:00am
US-led forces kill 70 more Taleban

US-led forces kill 70 more Taleban

US-led forces killed around 70 Taliban rebels during clashes in southern Afghanistan, the US military said on Saturday, raising the number of insurgents killed to 100 over the past three days.
Published 25 Jun, 2006 12:00am
World Bank for liberalising insurance industry

World Bank for liberalising insurance industry

The World Bank (WB) has asked the government to liberalise the insurance industry through reforms in line with the banking sector, official sources told Business Recorder.
Published 25 Jun, 2006 12:00am
World Bank for liberalising insurance industry

World Bank for liberalising insurance industry

The World Bank (WB) has asked the government to liberalise the insurance industry through reforms in line with the banking sector, official sources told Business Recorder.
Published 25 Jun, 2006 12:00am
World Bank for liberalising insurance industry

World Bank for liberalising insurance industry

The World Bank (WB) has asked the government to liberalise the insurance industry through reforms in line with the banking sector, official sources told Business Recorder.
Published 25 Jun, 2006 12:00am
Shortfall in cotton output feared

Shortfall in cotton output feared

The key players of the cotton sector fear that the country would face a shortfall in the production of cotton this season against the claims of government officials who predict a bumper crop.
Published 25 Jun, 2006 12:00am
Shortfall in cotton output feared

Shortfall in cotton output feared

The key players of the cotton sector fear that the country would face a shortfall in the production of cotton this season against the claims of government officials who predict a bumper crop.
Published 25 Jun, 2006 12:00am
Shortfall in cotton output feared

Shortfall in cotton output feared

The key players of the cotton sector fear that the country would face a shortfall in the production of cotton this season against the claims of government officials who predict a bumper crop.
Published 25 Jun, 2006 12:00am
Supreme Court order on PSM to be implemented, says Salman

Supreme Court order on PSM to be implemented, says Salman

The government would comply with the directions of the Supreme Court of Pakistan regarding privatisation of Pakistan Steel Mills. However, the ongoing privatisation process would continue without any interruption.
Published 25 Jun, 2006 12:00am
Supreme Court order on PSM to be implemented, says Salman

Supreme Court order on PSM to be implemented, says Salman

The government would comply with the directions of the Supreme Court of Pakistan regarding privatisation of Pakistan Steel Mills. However, the ongoing privatisation process would continue without any interruption.
Published 25 Jun, 2006 12:00am
Supreme Court order on PSM to be implemented, says Salman

Supreme Court order on PSM to be implemented, says Salman

The government would comply with the directions of the Supreme Court of Pakistan regarding privatisation of Pakistan Steel Mills. However, the ongoing privatisation process would continue without any interruption.
Published 25 Jun, 2006 12:00am
Four tax officials dismissed from service

Four tax officials dismissed from service

The Central Board of Revenue (CBR) has dismissed from services four tax officials following unauthorised absence from duty. The officials removed from services are Dr Amjad Nazir Chaudhry (BS-18), Customs and Excise Group; Ms Asma Roohi Shah, DCIT (BS-18)
Published 25 Jun, 2006 12:00am
Four tax officials dismissed from service

Four tax officials dismissed from service

The Central Board of Revenue (CBR) has dismissed from services four tax officials following unauthorised absence from duty. The officials removed from services are Dr Amjad Nazir Chaudhry (BS-18), Customs and Excise Group; Ms Asma Roohi Shah, DCIT (BS-18)
Published 25 Jun, 2006 12:00am
Four tax officials dismissed from service

Four tax officials dismissed from service

The Central Board of Revenue (CBR) has dismissed from services four tax officials following unauthorised absence from duty. The officials removed from services are Dr Amjad Nazir Chaudhry (BS-18), Customs and Excise Group; Ms Asma Roohi Shah, DCIT (BS-18)
Published 25 Jun, 2006 12:00am
Pak-Afghan regular contacts to improve ties: Shaukat

Pak-Afghan regular contacts to improve ties: Shaukat

Prime Minister Shaukat Aziz on Saturday said regular quarterly contacts between foreign ministers of Pakistan and Afghanistan will improve and strengthen their multifaceted relationship.
Published 25 Jun, 2006 12:00am
Pak-Afghan regular contacts to improve ties: Shaukat

Pak-Afghan regular contacts to improve ties: Shaukat

Prime Minister Shaukat Aziz on Saturday said regular quarterly contacts between foreign ministers of Pakistan and Afghanistan will improve and strengthen their multifaceted relationship.
Published 25 Jun, 2006 12:00am
Three killed in Indian occupied Kashmir

Three killed in Indian occupied Kashmir

Two suspected freedom fighters and an Indian occupation army officer were killed and 15 people hurt in fresh shootouts and a grenade blast in Indian occupied Kashmir, police said on Saturday.
Published 25 Jun, 2006 12:00am
Zimbabwe's information minister found dead

Zimbabwe's information minister found dead

Tichaona Jokonya, Zimbabwe's Information Minister and former permanent representative to the United Nations, was found dead in a Harare hotel room on Saturday, a senior official said. A government spokesman, George Charamba, said the cause of death was un
Published 25 Jun, 2006 12:00am
Jaywardene takes woeful England apart

Jaywardene takes woeful England apart

Sri Lanka captain Mahela Jayawardene led Sri Lanka to a one-day series victory over England on Saturday with a chance-less unbeaten century at Durham's Chester-le-Street.
Published 25 Jun, 2006 12:00am
Six killed in train-car collision

Six killed in train-car collision

Six members of a family were killed and three others injured when Karachi bound Baba Farid Express hit a car at an unmanned railway level crossing here on Saturday.According to police, the accident occurred at 4.45 pm in Mujahid Colony where nine persons
Published 25 Jun, 2006 12:00am
Dubai Islamic Bank to open branch in Lahore on June 26

Dubai Islamic Bank to open branch in Lahore on June 26

Dubai Islamic Bank Pakistan Limited would inaugurate its first branch in provincial metropolis on Monday (June 26) here at Akbari Mandi. Mian Tariq Nisar, a prominent businessman, would inaugurate the new branch in the presence of the senior bank official
Published 25 Jun, 2006 12:00am
The Weather

The Weather

The weather report on Saturday (June 24, 2006) and the forecast for Sunday (June 25, 2006).
Published 25 Jun, 2006 12:00am
Sizzling heat claims one life

Sizzling heat claims one life

One person died due to sizzling heat in Pakpattan here on Saturday. Reportedly a young man Muhammad Shahzad of Mohallah Dhakky died of severe heat stroke. The people also protested against Wapda over unscheduled loadshedding in the area.
Published 25 Jun, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 24, 2006).

Published 25 Jun, 2006 12:00am
Sale of Railways land being probed: Rashid

Sale of Railways land being probed: Rashid

Railways Minister Sheikh Rashid has said investigations into the matter pertaining to sale of Pakistan Railway's properties are underway, and if any irregularity is noticed, it would be referred to the National Accountability Bureau (NAB).
Published 25 Jun, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 24, 2006).

Published 25 Jun, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 24, 2006).

Published 25 Jun, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 24, 2006).

Published 25 Jun, 2006 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 24, 2006).

Published 25 Jun, 2006 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (June 24, 2006).

Published 25 Jun, 2006 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (June 24, 2006).

Published 25 Jun, 2006 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 24, 2006).

Published 25 Jun, 2006 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 24, 2006).

Published 25 Jun, 2006 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 24, 2006).

Published 25 Jun, 2006 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 24, 2006).

Published 25 Jun, 2006 12:00am
THE RUPEE: further recovery in interbank market

THE RUPEE: further recovery in interbank market

Further recovery was seen in the value of the rupee in the interbank market, picking up three paisa versus the dollar for buying and selling at 60.18 and 60.20, dealers said on Saturday.
Published 25 Jun, 2006 12:00am
THE RUPEE: further recovery in interbank market

THE RUPEE: further recovery in interbank market

Further recovery was seen in the value of the rupee in the interbank market, picking up three paisa versus the dollar for buying and selling at 60.18 and 60.20, dealers said on Saturday.
Published 25 Jun, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Saturday (June 24, 2006) and for Sunday (June 25, 2006).
Published 25 Jun, 2006 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday June 26, 2006.

Published 25 Jun, 2006 12:00am
EFU funds rates

EFU funds rates

EFU Life Assurance Ltd announced that the Offer and Bid prices for the following funds effective from Monday June 26, 2006.

Published 25 Jun, 2006 12:00am