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Print - 2006-07-29
Seminar on neuroscience and psychology held

Seminar on neuroscience and psychology held

The Psychology department of Government College University Lahore on Friday organised a seminar on 'Neuroscience and Psychology'. Addressing the seminar, Dr Hellen Rostil of the Brimingham University, UK discussed in detail the Post Traumatic Stress Disor
Published 29 Jul, 2006 12:00am
Political will for education boost stressed

Political will for education boost stressed

Absolute political will was required at all levels to make education a top most priority in the country, said participants of a media workshop held at Aga Khan University Institute for Educational Development here on Friday.
Published 29 Jul, 2006 12:00am
HEC to establish sub-campus of Bahauddin Zakariya University

HEC to establish sub-campus of Bahauddin Zakariya University

The Higher Education Commission (HEC) has decided to establish sub-campus of Bahauddin Zakariya University (BZU), Multan at Dera Ghazi Khan. A project submitted by the BZU entitled "establishment of sub campus at D.G. Khan" has been approved in HEC's Depa
Published 29 Jul, 2006 12:00am
Special carpet weaving looms for elderly people

Special carpet weaving looms for elderly people

Punjab Labour and Human Resource Department has decided to distribute specially designed looms among families associated with the carpet industry so as to empower them economically.
Published 29 Jul, 2006 12:00am
MQM will not quit government: Fahim

MQM will not quit government: Fahim

Chief of Alliance for Restoration of Democracy (ARD) Makhdoom Amin Fahim, while commenting on the MQM decision to withdraw support to the government, has said that the Sindh government is very weak so their demands can be accepted and they would review th
Published 29 Jul, 2006 12:00am
PML-N condemns Israeli aggression on Lebanon

PML-N condemns Israeli aggression on Lebanon

Chairman of Pakistan Muslim League-Nawaz (PML-N) Raja Zafarul Haq has condemned the Israeli aggression on the innocent people of Lebanon and said that there was no justification of attack on Lebanon.
Published 29 Jul, 2006 12:00am
Jamaat-i-Islami Women Wing stages demonstration

Jamaat-i-Islami Women Wing stages demonstration

Activists of Jamaat-i-Islami Women Wing on Friday staged a demonstration in front of Lahore Press Club to protest Israeli aggression against Lebanon and to press the government not to repeal Hudood Ordinance. The demonstrators who were carrying placards c
Published 29 Jul, 2006 12:00am
FTO regrets lack of financial powers

FTO regrets lack of financial powers

The Federal Tax Ombudsman (FTO), Justice Munir A Sheikh, has regretted that the FTO Secretariat has not been delegated financial powers under Article 81 of the Constitution of Pakistan, as the Wafaqi Mohtasib and some other offices, enumerated under the A
Published 29 Jul, 2006 12:00am
Registration of new voters begins today

Registration of new voters begins today

The Election Commission (EC) is starting registration of voters on Saturday to prepare new electoral roll for the next general elections, expected to be held in 2007. Registration officers will distribute forms door to door across the country to enroll th
Published 29 Jul, 2006 12:00am
Work in MQM-headed ministries at standstill

Work in MQM-headed ministries at standstill

Official work in four ministries headed by the Muttahida Qaumi Movement (MQM) remained standstill on Friday amid rumours and uncertainty. MQM ministers-Babar Khan Ghauri, ports and shipping; Shamim Siddiqui, communications; Syed Safwanullah, housing; and
Published 29 Jul, 2006 12:00am
MQM decision triggers panic in power corridors

MQM decision triggers panic in power corridors

The Muttahida Qaumi Movement is in the habit of springing surprises. Here is another one. It has decided to quit the government, only a few days before the opposition's no-trust motion against Prime Minister Shaukat Aziz.
Published 29 Jul, 2006 12:00am
MQM resignations: diplomats worried over future of coalition governments

MQM resignations: diplomats worried over future of coalition governments

The resignations of Muttahida Qaumi Movement (MQM) ministers and advisers from the Sindh government have created ripples among the diplomatic corps in Karachi as they were seen making queries on Friday from newsmen about the future and stability of the co
Published 29 Jul, 2006 12:00am
Motorway police hands over lost child to uncle

Motorway police hands over lost child to uncle

National Highways and Motorway Police (NHMP) have handed over a 13 years old lost child to his heirs. As per details, during routine patrolling, the Motorway Police officers PQ Abid Javed and PQ Azher Hussain saw a distressed child named Mursalin s/o Daud
Published 29 Jul, 2006 12:00am
Muslims urged to get united against Israel

Muslims urged to get united against Israel

Muttahida Majlis-i-Amal (MMA) on Friday urged the Muslim world to get united and declare war against Israel to save Muslims of Lebanon and Palestine from the Zionists aggression.
Published 29 Jul, 2006 12:00am
PPP condemns Israeli bombardment

PPP condemns Israeli bombardment

Extending solidarity with Lebanon and the people of Palestine, the provincial general secretary of Pakistan People's Party, Sikandar Hayat Khan Sherpao on Friday condemned the barbaric bombing and asked the world bodies to play their role against Israeli
Published 29 Jul, 2006 12:00am
Three killed in house collapse

Three killed in house collapse

At least three people were killed and three injured when their house caved in on them in Mawardi Khel village, district Bannu. The house made of mud and bricks collapsed due to heavy rains. Three others were injured and taken to DHQ Hospital Bannu where t
Published 29 Jul, 2006 12:00am
Khaddar-making starts as 'AHAN' pilot project in Peshawar

Khaddar-making starts as 'AHAN' pilot project in Peshawar

The Small and Medium Enterprises Development Authority (Smeda) has selected the traditional 'Khaddar' manufacturing in Matta Mughal Khel (MMK), District Charsadda, as pilot project for improvement of local economy.
Published 29 Jul, 2006 12:00am
Sindh University Senate meeting today

Sindh University Senate meeting today

The 30th meeting of Sindh University Senate is scheduled for Saturday, July 29, 2006 at Allama I Kazi Campus, Jamshoro. Sindh Governor Dr Ishrat-ul-Ibad Khan, Chancellor of the University, will preside over the meeting.
Published 29 Jul, 2006 12:00am
Country needs Musharraf's leadership: Arbab

Country needs Musharraf's leadership: Arbab

Sindh Chief Minister Dr Arbab Ghulam Rahim said on Friday that President General Pervez Musharraf wanted Sindh to develop in real sense and has desired development works to be carried out at grass root level so that problems of common man could be resolve
Published 29 Jul, 2006 12:00am
SHC suspends arbitration proceedings

SHC suspends arbitration proceedings

Sindh High Court (SHC) has suspended arbitration proceeding between City District Government Karachi and a construction company till further orders. The interim order came on application of CGDK which filed suit for declaration and injunction for recovery
Published 29 Jul, 2006 12:00am
Supreme Court recalls bail in ticketing fraud case

Supreme Court recalls bail in ticketing fraud case

A two-member bench of the Supreme Court on Friday recalled bail of Muhammad Riaz Chughtai of King Travel Agency in Gulf Airlines Ticketing fraud case while accepting the petition of the National Accountability Bureau (NAB).
Published 29 Jul, 2006 12:00am
PAC seeks progress on references against Benazir

PAC seeks progress on references against Benazir

A subcommittee of the Public Accounts Committee (PAC) on Friday sought from the Attorney General of Pakistan (AGP) the progress on references filed against Benazir Bhutto during 1990-92. The subcommittee, however, regularised Rs 28 million expenditures in
Published 29 Jul, 2006 12:00am
Pacra maintains NIB Limited ratings

Pacra maintains NIB Limited ratings

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term entity ratings of NIB Bank Limited at A+ (Single A Plus) and Al (A One), respectively.
Published 29 Jul, 2006 12:00am
Pacra maintains NIB Limited ratings

Pacra maintains NIB Limited ratings

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term entity ratings of NIB Bank Limited at A+ (Single A Plus) and Al (A One), respectively.
Published 29 Jul, 2006 12:00am
Security Papers rating reaffirmed

Security Papers rating reaffirmed

JCR-VIS Credit Rating Co Ltd has reaffirmed the corporate governance rating of Security Papers Limited (SPL) at CGR-8 denoting 'high level of corporate governance'. This rating is based on a scale ranging from CGR-1 (lowest) to CGR-10 (highest).
Published 29 Jul, 2006 12:00am
Security Papers rating reaffirmed

Security Papers rating reaffirmed

JCR-VIS Credit Rating Co Ltd has reaffirmed the corporate governance rating of Security Papers Limited (SPL) at CGR-8 denoting 'high level of corporate governance'. This rating is based on a scale ranging from CGR-1 (lowest) to CGR-10 (highest).
Published 29 Jul, 2006 12:00am
Weather brings respite for KESC

Weather brings respite for KESC

The power utility, KESC, on Friday for the first had 32MW surplus power as the weather continued to remain pleasant in the metropolis. There was no loadshedding as there was no shortage of power. The Principal Officer, Public Relation, KESC, Sultan Hasan
Published 29 Jul, 2006 12:00am
Nishtar Park tribunal calls record of control room

Nishtar Park tribunal calls record of control room

The tribunal probing Nishter Park incident headed by Justice Rehmat Hussain Jaffery, the Judge of High Court of Sindh (SHC) on Friday sought the record of calls at the Control Room (CR) set up at the office of Sindh Home Minister Rauf Siddiqi, in connecti
Published 29 Jul, 2006 12:00am
The Weather

The Weather

The weather report on Friday (July 28, 2006) and the forecast for Saturday (July 29, 2006).
Published 29 Jul, 2006 12:00am
IBP managing 500 internships

IBP managing 500 internships

The Institute of Bankers Pakistan (IBP) is currently managing over 500 internships at banks and financial institutions. A comprehensive IBP package includes quality curriculum, capacity building, specialised training programme and a three-month supervised
Published 29 Jul, 2006 12:00am
New York cotton

New York cotton

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

Published 29 Jul, 2006 12:00am
Uzbekistan seeks joint ventures in sugar sector

Uzbekistan seeks joint ventures in sugar sector

Ambassador of the Republic of Uzbekistan, Obyek Arif Usman visited Pakistan Sugar Mills Association-Sindh Zone office, the other day, to seek joint ventures for setting up of sugar mills in Uzbekistan with support of industrialists from Pakistan.
Published 29 Jul, 2006 12:00am
New York cotton

New York cotton

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

Published 29 Jul, 2006 12:00am
Key stock and currency market movements

Key stock and currency market movements

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 29 Jul, 2006 12:00am
Worker dies as boiler bursts

Worker dies as boiler bursts

A worker Malik Riaz died and four other workers were injured when a boiler burst in a factory located in Korangi Industrial Area, on Friday morning. The injured workers include Adnan, Saleh Khan, Mujeeb-u-Rehman and Naseer. They were rushed to hospital wh
Published 29 Jul, 2006 12:00am
Five die, 45 injured in bus crash

Five die, 45 injured in bus crash

Five persons, including two women and a teenaged boy were killed while 45 others injured on Friday when a bus coming from Faisalabad to Fort Abbas rammed into another bus coming from the opposite side on the overhead bridge.
Published 29 Jul, 2006 12:00am
JSCM assigned AA-, A1+ ratings

JSCM assigned AA-, A1+ ratings

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and the short-term ratings of Jahangir Siddiqui Capital Markets Limited (JSCM) at "AA-" (Double A minus) and "A1+" (A One plus), respectively.
Published 29 Jul, 2006 12:00am
JSCM assigned AA-, A1+ ratings

JSCM assigned AA-, A1+ ratings

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and the short-term ratings of Jahangir Siddiqui Capital Markets Limited (JSCM) at "AA-" (Double A minus) and "A1+" (A One plus), respectively.
Published 29 Jul, 2006 12:00am
10-point strategy designed for Pak-China cultural uplift

10-point strategy designed for Pak-China cultural uplift

Pakistan and China held ministerial level talks here on Friday and discussed a ten-point strategy to push forward their culture ties and strengthen people-to-people contacts. The two sides also reached an understanding to take necessary steps for upholdin
Published 29 Jul, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (July 28, 2006).

Published 29 Jul, 2006 12:00am
German and Polish teams meet Sherpao

German and Polish teams meet Sherpao

Pakistan attaches great importance to its relations with Germany and Poland and our relations were based on common perceptions on international and regional matters of mutual interest.
Published 29 Jul, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (July 28, 2006) and for Saturday (July 29, 2006).
Published 29 Jul, 2006 12:00am
Relief goods sent to Lebanon

Relief goods sent to Lebanon

The Minister of State for Foreign Affairs Makhdum Khusro Bakhtyar on Friday handed over Pakistan's relief consignment to the Lebanese Charge d' Affaires, officials said. The Government of Pakistan had announced earlier its plan to send two C-130 aircraft
Published 29 Jul, 2006 12:00am
Supreme Court urged for suo motu action on important national issues

Supreme Court urged for suo motu action on important national issues

Supreme Court Bar Association (SCBA) President Malik Muhammad Qayyum has requested the Supreme Court of Pakistan to take suo motu actions on issues of national importance including 17th amendment in the Constitution, president in uniform and holding of fr
Published 29 Jul, 2006 12:00am
FED revision on foreign travel hailed

FED revision on foreign travel hailed

The Board of Airline Representatives in Pakistan (BARIP) has appreciated the Federal government decision to revise the imposition of Federal Excise Duty (FED) on international travel and instead a specific amount has been fixed for passengers embarking on
Published 29 Jul, 2006 12:00am
FED on foreign travels: full amount to be deposited in treasury

FED on foreign travels: full amount to be deposited in treasury

The government has directed the airlines to deposit full amount of Federal Excise Duty (FED) collected on tickets issued for international travels. The airlines would not be entitled to adjustment of FED against input tax.
Published 29 Jul, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (July 28, 2006).

Published 29 Jul, 2006 12:00am
FED on foreign travels: full amount to be deposited in treasury

FED on foreign travels: full amount to be deposited in treasury

The government has directed the airlines to deposit full amount of Federal Excise Duty (FED) collected on tickets issued for international travels. The airlines would not be entitled to adjustment of FED against input tax.
Published 29 Jul, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 28, 2006).

Published 29 Jul, 2006 12:00am
FED on foreign travels: full amount to be deposited in treasury

FED on foreign travels: full amount to be deposited in treasury

The government has directed the airlines to deposit full amount of Federal Excise Duty (FED) collected on tickets issued for international travels. The airlines would not be entitled to adjustment of FED against input tax.
Published 29 Jul, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (July 28, 2006).

Published 29 Jul, 2006 12:00am
FED on foreign travels: full amount to be deposited in treasury

FED on foreign travels: full amount to be deposited in treasury

The government has directed the airlines to deposit full amount of Federal Excise Duty (FED) collected on tickets issued for international travels. The airlines would not be entitled to adjustment of FED against input tax.
Published 29 Jul, 2006 12:00am
Internews launches emergency information project

Internews launches emergency information project

Internews, an international media assistance organisation with the funding from the UK and Switzerland, had launched the Pakistan Emergency Information Project to rebuild media capacities in quake-hit Azad Kashmir and NWFP.
Published 29 Jul, 2006 12:00am
'No threat of water rising beyond safety level'

'No threat of water rising beyond safety level'

Chief Meteorologist, Metrological Department Lahore, Shaukat Awan said on Friday that there was no imminent threat of water rising beyond the safety level in Mangla and Terbella dams.
Published 29 Jul, 2006 12:00am
THE RUPEE: marginal changes observed

THE RUPEE: marginal changes observed

Firmer trend was seen in the interbank market on Friday as the rupee-dollar parity rates did not move sharply at Rs 60.35 and Rs 60.36, respectively. The rupee held its firmness due to steady supply of US dollars, dealers said, adding that it was expected
Published 29 Jul, 2006 12:00am
Rains predicted in Sindh

Rains predicted in Sindh

The meteorological office on Friday predicted widespread rains in lower Sindh and scattered rains/thundershowers in rest of the province during next three days.
Published 29 Jul, 2006 12:00am
THE RUPEE: marginal changes observed

THE RUPEE: marginal changes observed

Firmer trend was seen in the interbank market on Friday as the rupee-dollar parity rates did not move sharply at Rs 60.35 and Rs 60.36, respectively. The rupee held its firmness due to steady supply of US dollars, dealers said, adding that it was expected
Published 29 Jul, 2006 12:00am
Rs 31 million for water supply schemes in Shah Faisal Town

Rs 31 million for water supply schemes in Shah Faisal Town

Shah Faisal Town Nazim Muhammad Imran on Friday said that City District Government Karachi (CDGK) had approved Rs 31 million for water supply schemes in different localities of the town and added that work on these schemes would soon be kicked off.
Published 29 Jul, 2006 12:00am
About 700 million in Asia-Pacific without safe water supplies

About 700 million in Asia-Pacific without safe water supplies

Asian Development Bank (ADB) is expanding its activities to address water issues in the Asia-Pacific region through dollar 3.2 million grant package. According to sources here on Friday, about 700 million people in Asia and the Pacific are without safe wa
Published 29 Jul, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (July 28, 2006).

Published 29 Jul, 2006 12:00am
Warid introduces new ZEM packages

Warid introduces new ZEM packages

In line with Warid Telecom's commitment to provide affordable and quality services to customers, Waird Telecom strikes once again with a brand new series of options for its Prepaid ZEM customers.
Published 29 Jul, 2006 12:00am
Israeli aggression must stop: Mushahid

Israeli aggression must stop: Mushahid

Pakistan Muslim League Secretary General Mushahid Huyssain Syed said that the Israeli aggression in Lebanon and Palestine is damaging the ties between the USA and the Islamic world.
Published 29 Jul, 2006 12:00am
Power shutdown notice for Sunday

Power shutdown notice for Sunday

The Karachi Electric Supply Corporation (KESC) is going to carryout system improvement work on Sunday due to which the power would interrupt temporary.
Published 29 Jul, 2006 12:00am
PIA's first customer care moot held

PIA's first customer care moot held

Pakistan International Airlines first international global customer care conference was held on Thursday at local hotel. Over 40 delegates from around world serving in PIA's network attended the conference, including PIA deputy managing-director Farooq Sh
Published 29 Jul, 2006 12:00am
'New road to link Surjani with Super Highway soon'

'New road to link Surjani with Super Highway soon'

City Nazim Mustafa Kamal has said that a new road will be built to link the Super Highway with Surjani Chowrangi. Talking to Chairman, House Building Finance Corporation, Zakheem Mehmood Rizvi who called on him here on Friday.
Published 29 Jul, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Friday (July 28, 2006).

Published 29 Jul, 2006 12:00am
PES starts recruitment process

PES starts recruitment process

The Punjab Emergency Service (PES) Rescue 1122 will conduct written test on Saturday (July 29) to recruit 965 staff members in different positions for Rawalpindi, Faisalabad and Lahore offices. In response to the advertisement of vacancies PES received 60
Published 29 Jul, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Jul, 2006 12:00am
Revised scheme of road approved

Revised scheme of road approved

The revised scheme of dualisation of 7.66-km of Faisalabad-Satiana Road, district Faisalabad, has been approved by the planning and development board Punjab. The revised cost would be Rs 147.607 million and the work on the project was already in progress
Published 29 Jul, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Jul, 2006 12:00am
Book on company law

Book on company law

The book titled "Company law and practice in Pakistan" would help the business community understands the company laws, as it is the first book of its kind published in Pakistan wherein corresponding sections of the Indian Companies Act, 1956 have been giv
Published 29 Jul, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 29 Jul, 2006 12:00am
Power supply improved in 2005-06: Lesco

Power supply improved in 2005-06: Lesco

Lahore Electric Supply Company (Lesco) Chief Executive Akram Arian has said that in FY2005-06 they have managed to electrify 794 villages as against 382 in FY2004-05.
Published 29 Jul, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (July 28, 2006).

Published 29 Jul, 2006 12:00am
Dawood Hercules announces 15 percent interim divided

Dawood Hercules announces 15 percent interim divided

The board of directors of Dawood Hercules Chemicals Limited has announced 15 percent interim divided for its shareholders for the year, ending December 31, 2006. The board, which met here on Friday, approved the unaudited accounts of the company for half
Published 29 Jul, 2006 12:00am
Dawood Hercules announces 15 percent interim divided

Dawood Hercules announces 15 percent interim divided

The board of directors of Dawood Hercules Chemicals Limited has announced 15 percent interim divided for its shareholders for the year, ending December 31, 2006. The board, which met here on Friday, approved the unaudited accounts of the company for half
Published 29 Jul, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 29 Jul, 2006 12:00am
Hearing put off in judicial killing case

Hearing put off in judicial killing case

The Supreme Court of Pakistan on Friday adjourned till first week of September, hearing in a suo motu proceedings against extra judicial killing of one Mazhar Iqbal as investigating officer Captain Zubair (Retd) sought time to interrogate the case.
Published 29 Jul, 2006 12:00am
Khalid Mirza assumes charge as MCA chief

Khalid Mirza assumes charge as MCA chief

Khalid Mirza, a senior official of the World Bank and former chairman, Securities and Exchange Commission of Pakistan (SECP), has assumed the charge of Monopoly Control Authority (MCA) chairman, a press release issued here on Friday said.
Published 29 Jul, 2006 12:00am
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