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Print - 2006-08-12
'1 million skilled manpower required to sustain growth'

'1 million skilled manpower required to sustain growth'

Chairman, National Vocational Technical Education Commission/Chairman Erra Altaf Saleem said on Friday that government was giving special attention towards revamping of technical education in view of emerging needs of the country.
Published 12 Aug, 2006 12:00am
Seized liquor to be offered on 30 percent fine to non-Muslims

Seized liquor to be offered on 30 percent fine to non-Muslims

The confiscated liquor will be offered to non-Muslims on payment of 30 percent redemption fine under the proposed procedure for the 'disposal of liquor'. Sources told Business Recorder on Friday that the Central Board of Revenue (CBR) would shortly
Published 12 Aug, 2006 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (August 11, 2006).
Published 12 Aug, 2006 12:00am
USDA raises 2006 beef export forecast

USDA raises 2006 beef export forecast

The US Agriculture Department on Friday boosted its 2006 export forecasts for beef over the previous month due to expected strong sales in Canada and Mexico.
Published 12 Aug, 2006 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (August 11, 2006).

Published 12 Aug, 2006 12:00am
IC3 programme to reduce cost of cargo scanning: Yusuf

IC3 programme to reduce cost of cargo scanning: Yusuf

Central Board of Revenue (CBR) chairman Abdullah Yusuf has said in order to expedite clearance of export goods, a pilot project with the assistance of the United States would soon be initiated at the Port Qasim, which would be completed in a few months.
Published 12 Aug, 2006 12:00am
IC3 programme to reduce cost of cargo scanning: Yusuf

IC3 programme to reduce cost of cargo scanning: Yusuf

Central Board of Revenue (CBR) chairman Abdullah Yusuf has said in order to expedite clearance of export goods, a pilot project with the assistance of the United States would soon be initiated at the Port Qasim, which would be completed in a few months.
Published 12 Aug, 2006 12:00am
IC3 programme to reduce cost of cargo scanning: Yusuf

IC3 programme to reduce cost of cargo scanning: Yusuf

Central Board of Revenue (CBR) chairman Abdullah Yusuf has said in order to expedite clearance of export goods, a pilot project with the assistance of the United States would soon be initiated at the Port Qasim, which would be completed in a few months.
Published 12 Aug, 2006 12:00am
Police among most corrupt departments: TI survey

Police among most corrupt departments: TI survey

The Transparency International (TI) has announced findings of Pakistan National Corruption Perception Survey-2006 here on Friday. The physical survey was started in April this year and completed in July 2006.
Published 12 Aug, 2006 12:00am
Police among most corrupt departments: TI survey

Police among most corrupt departments: TI survey

The Transparency International (TI) has announced findings of Pakistan National Corruption Perception Survey-2006 here on Friday. The physical survey was started in April this year and completed in July 2006.
Published 12 Aug, 2006 12:00am
Steel import from China increases

Steel import from China increases

Steel import from China has surged substantially by around 35 percent during the last three months due to low price factor and availability of the stocks of different products in bulk, market sources said on Friday.
Published 12 Aug, 2006 12:00am
Steel import from China increases

Steel import from China increases

Steel import from China has surged substantially by around 35 percent during the last three months due to low price factor and availability of the stocks of different products in bulk, market sources said on Friday.
Published 12 Aug, 2006 12:00am
Steel import from China increases

Steel import from China increases

Steel import from China has surged substantially by around 35 percent during the last three months due to low price factor and availability of the stocks of different products in bulk, market sources said on Friday.
Published 12 Aug, 2006 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (August 11, 2006).

Published 12 Aug, 2006 12:00am
Justice Haleem passes away

Justice Haleem passes away

Justice Haleem, known for commitment to justice, and fair play has died here on Friday morning at 1.30 am at the age of 82. Justice Haleem was one of the three judges to have dissented from the majority opinion of total acquittal of Zulfikar Ali Bhutto.
Published 12 Aug, 2006 12:00am
Government urged to implement agriculture reforms

Government urged to implement agriculture reforms

Pakistan Kisan Mohaz (PKM) has urged the government to ensure implementation of agriculture reforms. Addressing a press conference at Press Club here on Friday, the PKM chief, Rana Ghulam Mustafa also observed for improved agri marketing systems so that s
Published 12 Aug, 2006 12:00am
Balochistan farmers hope for better exports

Balochistan farmers hope for better exports

The fruit and vegetable growers in Balochistan are hoping to boost their exports to Thailand, Malaysia and Bangladesh following the current visit of the Pakistan traders delegation to these countries led by Muhammad Siddiq, the President of Quetta Chamber
Published 12 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (August 11, 2006).

Published 12 Aug, 2006 12:00am
Pak-Libya JMC meeting next month

Pak-Libya JMC meeting next month

The 14th session of Pakistan-Libya Joint Ministerial Commission's (JMC) meeting would be held by the end of September this year in Islamabad. Ibrahim Mukhtar, Ambassador of Libya, stated this at a meeting with members of the Federation of Pakistan Chamber
Published 12 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (August 11, 2006).

Published 12 Aug, 2006 12:00am
FPCCI opposes physical industrial inspection

FPCCI opposes physical industrial inspection

Federation of Pakistan Chambers of Commerce and Industry's (FPCCI) Standing Committee on Public Utilities Chairman Asghar A Morawala has urged the Sindh government that the inspection of industrial units in the province should not be done in the manner th
Published 12 Aug, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (August 11, 2006).

Published 12 Aug, 2006 12:00am
KCCI elections in September

KCCI elections in September

The annual election of Karachi Chamber of Commerce and Industry (KCCI) for 2006-07 will be held in September for 15 managing committee seats falling vacant due to retirement of members.
Published 12 Aug, 2006 12:00am
Sarhadi for early repair of Run Pathani bridge

Sarhadi for early repair of Run Pathani bridge

Member Advisory Committee, Pakistan Railways and executive committee Sarhad Chamber of Commerce & Industry (SCCI) Zia-ul-Haq Sarhadi has said that the railway bridge collapsed in Run Pathani, Sindh has created hurdle in the transportation of goods in the
Published 12 Aug, 2006 12:00am
'Ministries failed to increase literacy rate'

'Ministries failed to increase literacy rate'

The government functionaries have failed so far in attaining 80 percent literacy rate. There are four ministries working in the country to enhance quality of education but unfortunately, no one has done enough practically for the promotion and literacy ra
Published 12 Aug, 2006 12:00am
Afgan directed to ensure ministers presence in National Assembly

Afgan directed to ensure ministers presence in National Assembly

National Assembly Speaker Chaudhry Amir Hussain has directed Minister for Parliamentary Affairs Sher Afgan Niazi to ensure the presence of either the ministers or parliamentary secretaries during the question hour. Sher Afgan was further asked to probe wh
Published 12 Aug, 2006 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The National Assembly sitting on Friday morning that later turned momentous looked drab at the start. First few rows on both sides of the aisle were initially empty, as heavyweights were not present. Still it was not so colourless an affair as one had som
Published 12 Aug, 2006 12:00am
Karachiites facing hardship in depositing water bills

Karachiites facing hardship in depositing water bills

Citizens of Karachi are facing hardships in depositing water bills payments issued by the Karachi Water & Sewerage Board (KW&SB). The KW&SB has started issuing water bills on monthly basis, which are to be paid in banks like payment of other utility bills
Published 12 Aug, 2006 12:00am
Undiluted democracy imperative for sustained growth: CJP

Undiluted democracy imperative for sustained growth: CJP

Chief Justice of Pakistan Justice Iftikhar Mohammad Chaudhry has said that democracy in its pure form alone can provide the sound nationhood, stability and sustained growth. He was addressing the inaugural session of the 4-day International Judicial Confe
Published 12 Aug, 2006 12:00am
Gwadar port commercial operation may start this year

Gwadar port commercial operation may start this year

The Minister for Ports and Shipping, Babar Khan Ghauri, on Friday informed the National Assembly that commercial operation of Gwadar Port is expected during this year. The deal is being negotiated with private port operators, he added.
Published 12 Aug, 2006 12:00am
First-ever Renewable Energy Policy finalised

First-ever Renewable Energy Policy finalised

The Alternative Energy Development Board (AEDB) has finalised the first-ever Renewable Energy Policy, which will be submitted to the cabinet for approval in its next meeting, Business Recorder learnt on Friday.
Published 12 Aug, 2006 12:00am
Telecom sector: Pakistan and US discuss investment opportunities

Telecom sector: Pakistan and US discuss investment opportunities

Pakistan is being quoted as a model in telecommunications owing to its high speed growth and volume of foreign investment pouring into the sector, said Chairman, Pakistan Telecommunication Authority (PTA) Major General Shahzada Alam Malik (R).
Published 12 Aug, 2006 12:00am
MMA rally condemns Israeli aggression

MMA rally condemns Israeli aggression

Muttahida Majlis-i-Amal (MMA) on Friday observed the "condemnation of Israel" day throughout the country. A protest rally, led by Mufti Hidayatullah Pasroori, Rao Zafar Iqbal, Chaudhry Muhammad Latif and Maulana Abdul Rashid Arshad, was held at Masoom Sha
Published 12 Aug, 2006 12:00am
Sialkot DPO vows to improve law, order situation

Sialkot DPO vows to improve law, order situation

District Police Officer (DPO) Zubair Nawaz Chattha has said that strenuous efforts were being made for improving the law and order situation for ensuring the protection of the life and property of the people in Sialkot district.
Published 12 Aug, 2006 12:00am
Prices of kitchen items move up in Multan and Rajanpur

Prices of kitchen items move up in Multan and Rajanpur

Since flood has inundated more than 700 villages in Multan, Muzaffargarh, and Rajanpur and supply of vegetables suspended. On the other hand rain had played havoc in different towns and cities.
Published 12 Aug, 2006 12:00am
Nadra fixes one day in a week for women

Nadra fixes one day in a week for women

The National Database and Registration Authority (Nadra) administration has approved a proposal to fix one day in a week for women to issue computerised National Identity cards.
Published 12 Aug, 2006 12:00am
Rs 29 million provided to NUTE for garments laboratory

Rs 29 million provided to NUTE for garments laboratory

Export Development Fund (EDF) has provided Rs 29 million to National University of Textile Engineering (NUTE), Faisalabad for the development of a garments laboratory. This was told at a meeting on NUTE development projects at Governor's House here on Thu
Published 12 Aug, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 12 Aug, 2006 12:00am
PSO Haj draw held

PSO Haj draw held

Ten non-management employees, including one woman, were chosen to perform Haj in a ballot at Pakistan State Oil head office on Friday. This was the 7th Haj ballot under the PSO Workers Welfare Trust. Jalees Ahmed Siddiqi, Managing Director & CEO chaired t
Published 12 Aug, 2006 12:00am
'Supreme Court verdict on PSM case reflects functional democracy'

'Supreme Court verdict on PSM case reflects functional democracy'

Federal Minister for Information and Broadcasting Muhammad Ali Durrani has said the Supreme Court judgement in the Steel Mill case and the reaction of the government reflects a fully functional democracy in the country where constitutional institutions ar
Published 12 Aug, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (August 11, 2006).

Published 12 Aug, 2006 12:00am
Investment by Telenor to touch $1 billion: CEO

Investment by Telenor to touch $1 billion: CEO

Pakistan's cellular market holds high potential and will keep on growing for the next 10 to 15 years; however, the growth rate would come down after almost one and a half year. Telenor Pakistan CEO Tore Johnson expressed these views during an exclusive in
Published 12 Aug, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 12 Aug, 2006 12:00am
Bilal appointed President, CEO of Mybank

Bilal appointed President, CEO of Mybank

Bilal Sheikh has taken over as President & CEO, Mybank Limited. Until recently, he was the chief executive of Picic Commercial Bank where he served since the acquisition of Gulf Commercial Bank by Picic in February 2001.
Published 12 Aug, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Aug, 2006 12:00am
Papers read at judicial seminar to be compiled'

Papers read at judicial seminar to be compiled'

International Judicial Conference Chief Co-ordinator Muhammad Ali Gardazi has said that papers read by the participants during the conference will be compiled in a document form. Talking to PTV, he said that 24 topics had been selected on which papers wou
Published 12 Aug, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Aug, 2006 12:00am
LHC transfers and postings

LHC transfers and postings

The Chief Justice of the Lahore High Court (LHC) made transfers and postings among 11 additional district and sessions judges.
Published 12 Aug, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Friday (August 11, 2006).

Published 12 Aug, 2006 12:00am
Special allowance to CBR employees under ED criteria

Special allowance to CBR employees under ED criteria

The Central Board of Revenue (CBR) has fully implemented the criteria laid down by the Establishment Division (ED) for payment of special allowance to its employees in the board and the field formations.
Published 12 Aug, 2006 12:00am
Samsung attracts large crowd at ITCN

Samsung attracts large crowd at ITCN

Samsung is actively participating in ITCN 2006, being held in the port city of Karachi from 9th-11th of August for the third year in a row. ITCN has always been a great opportunity for all the leading players of Information Technology and the Telecommunic
Published 12 Aug, 2006 12:00am
PTA ban on websites slammed

PTA ban on websites slammed

Reporters Sans Frontiers RSF (Reporters Without Borders), a Paris-based international organisation of journalists, has criticised the decision of the Pakistan Telecommunication Authority (PTA) on July 26 to add 34 new web addresses to the list of sites to
Published 12 Aug, 2006 12:00am
German envoy hails Siemens contribution

German envoy hails Siemens contribution

The German Ambassador to Pakistan Dr Gunther Mulack visited Siemens Pakistan recently and after touring the industrial complex in SITE and attending a briefing about Siemens operations in Pakistan lauded the efforts of Siemens and said it was the flag bea
Published 12 Aug, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (August 11, 2006).

Published 12 Aug, 2006 12:00am
Plight of UBL pensioners

Plight of UBL pensioners

Apropos Amjad Aziz Khan's letter on UBL pensioners, published in your letters columns on August 7, 2006, I fully endorse the views expressed by the writer. The bank has failed to raise the pension of the old employees despite time-to-time increase approve
Published 12 Aug, 2006 12:00am
Steel Mills sale

Steel Mills sale

The government should take approval of the Parliament before the privatisation process takes place. It must re-assess if there is need to privatise this national asset. Enough of privatisation has been carried out and we are on the losing end eroding our
Published 12 Aug, 2006 12:00am
Death anniversary

Death anniversary

The 6th anniversary of the founder of Fountain House and psychiatrist, Professor Dr Mohammad Rashid Chaudhry will be observed on Sunday. Quran Khwani for the eternal peace of departed soul will be held at Fountain House. Later scholar Dr Arif Rashid will
Published 12 Aug, 2006 12:00am
Auto industry facts

Auto industry facts

Reference the letter by Saleem Mahmood titled, 'Facts about auto industry' that has appeared in your prestigious publication on August 6, I would like to share my views on the subject and point to certain self-contradictory facts.
Published 12 Aug, 2006 12:00am
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