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Print - 2006-08-19
KCCI membership renewal last date today

KCCI membership renewal last date today

This year around 382 less workers are eligible to use their voting right in forth coming annual general election of Karachi Chamber of Commerce and Industry (KCCI) as compared to last year.
Published 19 Aug, 2006 12:00am
Meetings of body on revision of TOO begin from August 24

Meetings of body on revision of TOO begin from August 24

The final round of meetings of the "Committee on Revision of Trade Organisation Ordinance (TOO), 1961," headed by former Justice Saleem Akhtar will be held during the later part of August and first half of September.
Published 19 Aug, 2006 12:00am
ANP slams MMA

ANP slams MMA

Central President, (Awami National Party) ANP, Asfandyhar Wali Khan, on Friday said the Mutahida Majlis-i-Amal (MMA) had failed to fulfil the promises made with masses and deceived them in the name of Islam and Shariah.
Published 19 Aug, 2006 12:00am
PDP meeting on August 20

PDP meeting on August 20

A meeting of the Central and Provincial Executive of the Pakistan Democratic Party (PDP) will be held here on Sunday. Nawabzada Mansur Ali Khan head of the Party will chair the meeting.
Published 19 Aug, 2006 12:00am
Khuhro slams unfair attitude of speaker

Khuhro slams unfair attitude of speaker

Leader of the Opposition Nisar Ahmed Khuhro, talking to newsmen after the adjournment of the session on Friday till August 29, said that the government wanted to gag the opposition inside and outside the assemblies.
Published 19 Aug, 2006 12:00am
MMA changes venue of public meeting

MMA changes venue of public meeting

The Muttahida Majlis-i-Amal (MMA) has changed the venue of its anti-Musharraf public meeting scheduled on August 20 and now instead of Grand Truck road it would be staged at Jinnah Park.
Published 19 Aug, 2006 12:00am
Opposition blocks bill to amend Hudood laws

Opposition blocks bill to amend Hudood laws

Days after President General Pervez Musharraf took coalition members into confidence to amend controversial Hudood laws, the opposition on Friday tactfully blocked introduction of a bill in the National Assembly designed for the protection of women, expos
Published 19 Aug, 2006 12:00am
'Poverty reduction, human development high priorities'

'Poverty reduction, human development high priorities'

Punjab Minister for Literacy and Non-Formal Basic Education Hussain Jahanian Gardezi has said that poverty reduction and human development are the priority areas of the government under "Education for All" (EFA) Programme and a number of projects have bee
Published 19 Aug, 2006 12:00am
Punjab governor to visit entry test centers

Punjab governor to visit entry test centers

Governor Punjab Lieutenant General Khalid Maqbool (Retd) will visit entry test centers for B.A/B.Sc. (Hons) (Undergraduate) programmes on Sunday (August 20). The entry test for B.A/B.Sc. (Hons) (Undergraduate) programmes of Punjab University will be held
Published 19 Aug, 2006 12:00am
CDGL to give 50 motorcycles to SWM department workers

CDGL to give 50 motorcycles to SWM department workers

With a view to ensuring effective monitoring of sanitation work being carried out by the field workforce, the City District Government, Lahore, will provide as many as 50 motorcycles to the supervisory staff of its Solid Waste Management (SWM) department
Published 19 Aug, 2006 12:00am
Karachi Nazim inspects flooded areas

Karachi Nazim inspects flooded areas

City Nazim Syed Mustafa Kamal, who visited various city areas for about eight hours from midnight on Thursday to Friday morning, found choked drain at civil lines, which serves as the main discharge point for the entire Karachi.
Published 19 Aug, 2006 12:00am
'Seed Corporation to be operational from kharif'

'Seed Corporation to be operational from kharif'

The Sindh Seed Corporation, which was closed down in the year 2001 under the advice of the Asian Development Bank, has once again been made functional from Rabi 2005-06 and during coming Kharif 2006 it would be fully operational to produce cotton and padd
Published 19 Aug, 2006 12:00am
Rains play havoc with crops

Rains play havoc with crops

Provincial Law Minister Chaudhry Iftikhar Ahmed has said that the recent rains in Sindh have played havoc with standing crop of cotton and disturbed sowing of onion, chilies and other cash crops.
Published 19 Aug, 2006 12:00am
SAI urges KESC to extend power bills payment date

SAI urges KESC to extend power bills payment date

Site Association of Industry (SAI) has urged the chief executive officer of Karachi Electric Supply Corporation (KESC) to waive fix charges of August and extend the last date of payment of power bills by two weeks.
Published 19 Aug, 2006 12:00am
Rains hit trading activity in Jodia Bazar

Rains hit trading activity in Jodia Bazar

Heavy rains and overflowing sewerage lines have disturbed the entire trading activity in Jodia Bazar and the city government has failed to clean roads, traders of different sections told Business Recorder on Friday.
Published 19 Aug, 2006 12:00am
'E-10 petrol to be beneficial for sugar industry'

'E-10 petrol to be beneficial for sugar industry'

Director General Hydro Carbon Development Institute of Pakistan Hilal A Raza on Friday said that the profitability of sugar industry would be increased by E-10 Petrol which ultimately give benefit to cane growers also.
Published 19 Aug, 2006 12:00am
US officials discuss ROZs with SCCI members

US officials discuss ROZs with SCCI members

A team comprising of the officials of USAID and a US consultant on Friday visited Sarhad Chamber of Commerce & Industry (SCCI) to seek the opinion of the industrialists regarding the construction of Reconstruction Opportunities Zones (ROZs) for the develo
Published 19 Aug, 2006 12:00am
Centre agrees to hand over archaeological sites to NWFP

Centre agrees to hand over archaeological sites to NWFP

The NWFP Minister for Tourism, Archaeology and Sports, Hussain Ahmad Kanju on Friday said that the federal government was agreed to hand over all its archaeological sites and museums to the NWFP government to promote tourism sector in the province.
Published 19 Aug, 2006 12:00am
Durrani orders fast equipment purchase for kidney centre

Durrani orders fast equipment purchase for kidney centre

NWFP Chief Minister Akram Khan Durrani has directed the officials of Workers Welfare Board to expedite the process equipment purchase for 50-bed hospital in Peshawar Kidney Centre. Presiding over a presentation by the officials of Workers Welfare Board at
Published 19 Aug, 2006 12:00am
'Afforestation imperative to protect environment'

'Afforestation imperative to protect environment'

Government would file criminal case against the people involved in deforestation and give them exemplary punishment, said Fatima Atif Malhi, Chairperson, Chief Minister's task force on environment here on Friday.
Published 19 Aug, 2006 12:00am
'No fault in design, pumping system of KPT underpass'

'No fault in design, pumping system of KPT underpass'

Karachi Port Trust (KPT) administration on Friday claimed that there was no fault in the design or pumping system of KPT underpass at Schon Circle, Clifton as it remained functional even after heavy rain.
Published 19 Aug, 2006 12:00am
'Government committed to improve state of mothers, new-borns'

'Government committed to improve state of mothers, new-borns'

Federal Secretary of Health, Anwar Mahmood, speaking as chief guest at the concluding session of a seminar on "Research-to-Policy Interface for Child Health and Nutrition in Pakistan", stated that "the government is keen to cooperate in sustaining the dia
Published 19 Aug, 2006 12:00am
Makran highway to be handed over to Motorway police soon

Makran highway to be handed over to Motorway police soon

Minister for Communication, Muhammad Shamim Siddiqui said on Friday that 550 kilometres long Makran coastal highway will be handed over to Motorway Police during the current month. Speaking in a PTV programme he said the decision had been made to improve
Published 19 Aug, 2006 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

General Pervez Musharraf, the president of the Islamic Republic of Pakistan and also the head of the country's armed forces, has been a powerful 'leader' as long as he enjoyed being one of the most needed allies of the United States.
Published 19 Aug, 2006 12:00am
The Weather

The Weather

The weather report on Friday (August 18, 2006) and the forecast for Saturday (August 19, 2006).
Published 19 Aug, 2006 12:00am
Pakistan has better human rights record: adviser

Pakistan has better human rights record: adviser

Adviser to Punjab government on Law and Human Rights Rana Ejaz Ahmed said Pakistan is better than many other countries in its human rights record. Talking to a 17-member delegation of lawyers at his office, here on Friday, he said the government policies
Published 19 Aug, 2006 12:00am
New York cotton

New York cotton

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

Published 19 Aug, 2006 12:00am
Carpeting of road portion in final stage

Carpeting of road portion in final stage

Carpeting and improvement of road from Lahore Expo Centre to Johar Town and widening of Sultan Ahmed Road would be carried out with a total cost of Rs 34.653 million; these projects would be completed during the current fiscal year.
Published 19 Aug, 2006 12:00am
New York cotton

New York cotton

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

Published 19 Aug, 2006 12:00am
Clifton residents brave rainwater stagnation

Clifton residents brave rainwater stagnation

Residents of Al-Habib Apartments and Mehran Heights apartment behind the petrol pump on main Clifton Road just before the Clifton underpass have been sending urgent calls to the concerned authorities and also newspapers and news agencies for drawing atten
Published 19 Aug, 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 19 Aug, 2006 12:00am
KESC flayed for stopping supply to Clifton area

KESC flayed for stopping supply to Clifton area

Officials of the rain emergency centre flayed the indifferent attitude of the Karachi Electric Supply Corporation (KESC) as it has deliberately stopped the electricity supply to Clifton area on Friday.
Published 19 Aug, 2006 12:00am
Sindh cabinet's emergency meeting today

Sindh cabinet's emergency meeting today

The Sindh Cabinet, which was to meet at Mithi on Saturday, would now meet in Karachi at 1:30 pm at the Chief Minister House, Law Minister Chaudhry Iftikhar Ahmed said on Friday. He said that the Cabinet would have a single point agenda to discuss recent r
Published 19 Aug, 2006 12:00am
City government pays Rs 4.464 million for I.I Chundrigar shuttle service

City government pays Rs 4.464 million for I.I Chundrigar shuttle service

City government has so far paid around Rs 4.464 million in futile for providing shuttle service on I I Chundrigar Road to the employees of banks and financial institutions located on the same road, since February 15, 2006, a city government officials told
Published 19 Aug, 2006 12:00am
Kamal inaugurates 'Red Top Cabs'

Kamal inaugurates 'Red Top Cabs'

City Nazim Syed Mustafa Kamal has inaugurated 'Red Top Cabs', the urban city transportation project, launched by Messrs Optimus Limited (MOL), said a press release issued here on Friday.
Published 19 Aug, 2006 12:00am
Rains and thunderstorm forecast

Rains and thunderstorm forecast

The Meteorological Department has forecasted a cloudy weather with chances of rains and thunderstorm in next 24 hours in the metropolis.
Published 19 Aug, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
Government to invite foreign companies to explore granite

Government to invite foreign companies to explore granite

The government is planning to lure foreign investments for exploration and setting up plants in mines and mineral sector in the country specially in Sindh where approximate one billion tonnes of granite had been identified, sources in mines and mineral de
Published 19 Aug, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (August 18, 2006) and for Saturday (August 19, 2006).
Published 19 Aug, 2006 12:00am
DRI and Designmen Limited sign MoU

DRI and Designmen Limited sign MoU

Disaster Research Institute (DRI) Preston University, Pakistan, and Designmen Ltd Islamabad signed a Memorandum of Understanding (MoU) with MIE University, Japan on Friday for collaborative research and development in mitigation of disasters.
Published 19 Aug, 2006 12:00am
MSA arrests 21

MSA arrests 21

Maritime Security Agency (MSA) in co-ordination with Pakistan Navy apprehended 21 persons, who were illegally proceeding to United Arab Emirates (UAE) and Oman through Iran via a small boat on Thursday.
Published 19 Aug, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
NAB arrests former SHO

NAB arrests former SHO

A Police Inspector and ex-Station House Officer of Ferozabad Police Station, was arrested on Friday by NAB Sindh on charges of corruption, corrupt practices and for taking bribe of Rs 4.5 million as illegal gratification.
Published 19 Aug, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
FBI team arrives in Bahawalpur

FBI team arrives in Bahawalpur

A two-member team of FBI reached at Bahawalpur to get basic information about Rashid Rauf and environment of the city. The team also visited a number of religious seminaries and mosques. When contacted the Deputy Inspector General of Police, Ghulam Haider
Published 19 Aug, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
Six suspects nabbed in US consulate blast

Six suspects nabbed in US consulate blast

Pakistani intelligence agents have arrested six suspects over a suicide car bombing outside the US consulate in Karachi in March which killed an American diplomat and four other people, officials said Friday.
Published 19 Aug, 2006 12:00am
Sindh University to reactivate Bureau of Translation

Sindh University to reactivate Bureau of Translation

The University of Sindh has decided to reactivate its Bureau of Translation for publication of books on science, social sciences and humanities to provide literature for general knowledge and awareness of students and public.
Published 19 Aug, 2006 12:00am
Planning Commission okays Rs 460 million for Kust

Planning Commission okays Rs 460 million for Kust

The Planning Commission of Pakistan has sanctioned Rs 460 million for a mega project of the Development of Infrastructure for Improved Facilities at Kohat University of Science & Technology (Kust). The project was approved during the Central Working Devel
Published 19 Aug, 2006 12:00am
THE RUPEE: more decline against dollar

THE RUPEE: more decline against dollar

Rising demand for dollar kept the rupee under pressure in the interbank market on Friday as the rupee lost three paisa more against the dollar for buying and selling at 60.35 and 60.37, respectively. The rupee is facing hard days as a result of the increa
Published 19 Aug, 2006 12:00am
Call for promoting engineering, scientific education

Call for promoting engineering, scientific education

Minister Health Punjab, Dr Tahir Ali Javed has said that promotion of engineering and scientific education is the guarantee of economic stability of any country, and there is a dire need to promote higher engineering and scientific education in the countr
Published 19 Aug, 2006 12:00am
THE RUPEE: more decline against dollar

THE RUPEE: more decline against dollar

Rising demand for dollar kept the rupee under pressure in the interbank market on Friday as the rupee lost three paisa more against the dollar for buying and selling at 60.35 and 60.37, respectively. The rupee is facing hard days as a result of the increa
Published 19 Aug, 2006 12:00am
Citrus export fetches $45 million

Citrus export fetches $45 million

Due to steps taken by the government for enhancing the export of fruits and vegetables, foreign exchange of US $45 million was earned through the export of 200,000 tons of citrus during the year 2005-06.
Published 19 Aug, 2006 12:00am
Israeli jets circle over Bekaa Valley

Israeli jets circle over Bekaa Valley

Israeli warplanes flew over Lebanon's Bekaa valley and the north of the country on Friday but did not launch an attack, a security source and a Reuters reporter in the area said.
Published 19 Aug, 2006 12:00am
Israeli jets circle over Bekaa Valley

Israeli jets circle over Bekaa Valley

Israeli warplanes flew over Lebanon's Bekaa valley and the north of the country on Friday but did not launch an attack, a security source and a Reuters reporter in the area said.
Published 19 Aug, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
'Self-rule possible if India and Pakistan withdraw troops'

'Self-rule possible if India and Pakistan withdraw troops'

Self-rule as a solution to the decades-old dispute between India and Pakistan over occupied Kashmir is a non-starter unless troops from both sides are withdrawn, a top Kashmiri militant leader said in comments published on Friday.
Published 19 Aug, 2006 12:00am
'Self-rule possible if India and Pakistan withdraw troops'

'Self-rule possible if India and Pakistan withdraw troops'

Self-rule as a solution to the decades-old dispute between India and Pakistan over occupied Kashmir is a non-starter unless troops from both sides are withdrawn, a top Kashmiri militant leader said in comments published on Friday.
Published 19 Aug, 2006 12:00am
Industrial sector engine of growth: Shaukat

Industrial sector engine of growth: Shaukat

Underlining the importance of advancement in the industrial sector for development and prosperity, Prime Minister Shaukat Aziz said on Friday that the government is focusing on development of skills, strengthening of infrastructure, value addition, better
Published 19 Aug, 2006 12:00am
Industrial sector engine of growth: Shaukat

Industrial sector engine of growth: Shaukat

Underlining the importance of advancement in the industrial sector for development and prosperity, Prime Minister Shaukat Aziz said on Friday that the government is focusing on development of skills, strengthening of infrastructure, value addition, better
Published 19 Aug, 2006 12:00am
Industrial sector engine of growth: Shaukat

Industrial sector engine of growth: Shaukat

Underlining the importance of advancement in the industrial sector for development and prosperity, Prime Minister Shaukat Aziz said on Friday that the government is focusing on development of skills, strengthening of infrastructure, value addition, better
Published 19 Aug, 2006 12:00am
Upgradation of sporting, hunting arms industry discussed

Upgradation of sporting, hunting arms industry discussed

The steering committee on export of sporting and hunting arms, chaired by the Federal Minister for Industries and Production, Jehangir Khan Tareen on Friday discussed up-gradation of the industry in Pakistan.
Published 19 Aug, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
Upgradation of sporting, hunting arms industry discussed

Upgradation of sporting, hunting arms industry discussed

The steering committee on export of sporting and hunting arms, chaired by the Federal Minister for Industries and Production, Jehangir Khan Tareen on Friday discussed up-gradation of the industry in Pakistan.
Published 19 Aug, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Aug, 2006 12:00am
Upgradation of sporting, hunting arms industry discussed

Upgradation of sporting, hunting arms industry discussed

The steering committee on export of sporting and hunting arms, chaired by the Federal Minister for Industries and Production, Jehangir Khan Tareen on Friday discussed up-gradation of the industry in Pakistan.
Published 19 Aug, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Aug, 2006 12:00am
GST levy halves computer hardware import

GST levy halves computer hardware import

The placement of orders for the import of computer hardware components has declined over 50 percent, as the issue of 15 percent GST on the import still stands unresolved. Pakistan is one of the largest importers of PC/server and hardware components in the
Published 19 Aug, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (August 18, 2006).

Published 19 Aug, 2006 12:00am
GST levy halves computer hardware import

GST levy halves computer hardware import

The placement of orders for the import of computer hardware components has declined over 50 percent, as the issue of 15 percent GST on the import still stands unresolved. Pakistan is one of the largest importers of PC/server and hardware components in the
Published 19 Aug, 2006 12:00am
GST levy halves computer hardware import

GST levy halves computer hardware import

The placement of orders for the import of computer hardware components has declined over 50 percent, as the issue of 15 percent GST on the import still stands unresolved. Pakistan is one of the largest importers of PC/server and hardware components in the
Published 19 Aug, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Aug, 2006 12:00am
GST levy halves computer hardware import

GST levy halves computer hardware import

The placement of orders for the import of computer hardware components has declined over 50 percent, as the issue of 15 percent GST on the import still stands unresolved. Pakistan is one of the largest importers of PC/server and hardware components in the
Published 19 Aug, 2006 12:00am
US issues added indictment versus Conrad Black

US issues added indictment versus Conrad Black

A grand jury has handed up additional charges against toppled media baron Conrad Black and three associates, alleging their fraud caused Hollinger International Inc to file false income tax returns.
Published 19 Aug, 2006 12:00am
Wapda gets funds for acquiring land for Basha Dam

Wapda gets funds for acquiring land for Basha Dam

The total land required for the construction of Diamer-Basha Dam has been identified and now acquisition of land was being made for which sufficient funds have been provided by the federal government to Water and Power Development Authority (Wapda).
Published 19 Aug, 2006 12:00am
Wapda gets funds for acquiring land for Basha Dam

Wapda gets funds for acquiring land for Basha Dam

The total land required for the construction of Diamer-Basha Dam has been identified and now acquisition of land was being made for which sufficient funds have been provided by the federal government to Water and Power Development Authority (Wapda).
Published 19 Aug, 2006 12:00am
Wapda gets funds for acquiring land for Basha Dam

Wapda gets funds for acquiring land for Basha Dam

The total land required for the construction of Diamer-Basha Dam has been identified and now acquisition of land was being made for which sufficient funds have been provided by the federal government to Water and Power Development Authority (Wapda).
Published 19 Aug, 2006 12:00am