News Archives for Print - 2006-10-15

Rs 2.2 million being spent on special children welfare

Sialkot district government is spending more than Rs 2.2 million during current fiscal period for the social welfare of special children. Official sources told Business Recorder here on Saturday.

Published 15 Oct, 2006 12:00am

People urged for opportunities to blind

Punjab Chief Minister, Chaudhry Pervaiz Elahi has said that it is national, moral and religious duty of the sighted people to provide opportunities to the blind for availing their basic rights.

Published 15 Oct, 2006 12:00am

International White Cane Day today

The International White Cane Day is being observed in Pakistan as elsewhere around the world on October 15 for creating awareness about helping the people who are suffering from blindness or reduced visibility.

Published 15 Oct, 2006 12:00am

The Gutka gambit

This is with reference to the provincial government's recent decision, banning production and sale of Gutka, a stuff extremely injurious to health.

Published 15 Oct, 2006 12:00am

The meaning and spirit of Ramazan

Among us we have people who observe religion as it should be followed and then there are others who interpret it according to their own intellect and even perhaps conveniences and needs. Yet, all of us pray to Allah for our benefits and salvation of our s

Published 15 Oct, 2006 12:00am

Singing helps her forget her problems

If Madonna wants advice on adopting an AIDS orphan, she could do worse than turn to 13-year-old Caroline Chileka. The US pop diva jetted out of Malawi early Friday after being granted an interim order to adopt a one-year-old boy from the impoverished sout

Published 15 Oct, 2006 12:00am

What can America do about Iraq?

The November 7 election nears, and the results of that election could leave George Bush a two-year lame duck. Meanwhile, more government reports show Iraq to be a dangerous disaster, and criticism of the failed invasion grows.

Published 15 Oct, 2006 12:00am

Onward with clean cotton

Now that the Ministry of Textile has fixed cotton standardisation fee of Rs 5 per pressed bale at the ginning stage, it will certainly mean removal of the last of the hindrances obscuring the vision of clean cotton for four years.

Published 15 Oct, 2006 12:00am

Building code to pre-empt earthquake damage

That the National Engineering Services of Pakistan is in the final stage of preparing a new building code to minimise damage from high intensity earthquake is reported to have been revealed by its Managing Director, Chaudhry Karamatullah recently.

Published 15 Oct, 2006 12:00am

CBR-PVMA meeting

CBR chairman Abdullah Yousaf and the representatives of Pakistan Vanaspati Manufacturers Association (PVMA) at a crucial meeting have agreed to evolve a new blending ratio formula for hard and soft oil/ghee to make it the basis for future duty drawback/sa

Published 15 Oct, 2006 12:00am

LHC issues status quo orders

The Lahore High Court (LHC) has issued status quo orders in a petition filed by a school teacher Rubina Kausar challenging her transfer orders. The court observed that if the petitioner has not yet relinquished her charge she will continue to hold the off

Published 15 Oct, 2006 12:00am

Tuwairqi Steel clarifies implementation accord

The Tuwairqi Steel has clarified that it has not submitted any amended version of the Implementation Agreement (facilities/incentives) to the government. According to a press release of the company issued on Saturday.

Published 15 Oct, 2006 12:00am

Thousands of faithful sit in Eitkaf

In a bid to seek mercy of Almighty Allah for their sins in the last 'Ashra' of the holy month of Ramazan, thousands of faithful on Saturday started Eitkaf (seclusion) in around five thousand city mosques.

Published 15 Oct, 2006 12:00am

NWFP health minister granted bail

After the Peshawar High Court (PHC) granted NWFP health minister Inayatullah interim bail on Saturday, he left for the United Sates on a three-week visit; however, he will return back before November 12, the date fixed by the court for confirmation of his

Published 15 Oct, 2006 12:00am

Senate body for summary inheritance courts

The Senate's Sub Committee on Women Development met here on Saturday and received briefing on Wanni besides the existing laws concerning inheritance. The meeting was presided over by the Convenor of the Sub Committee Senator Sardar Mohammad Jamal Khan Leg

Published 15 Oct, 2006 12:00am

Mazari resigns

The Prime Minister has accepted the resignation of the Adviser to the Prime Minister on Political Affairs, Farhat Aziz Mazari with immediate effect, according to a notification issued here, on Friday.

Published 15 Oct, 2006 12:00am

Mazari resigns

The Prime Minister has accepted the resignation of the Adviser to the Prime Minister on Political Affairs, Farhat Aziz Mazari with immediate effect, according to a notification issued here, on Friday.

Published 15 Oct, 2006 12:00am

Ishrat made NSPP board member

Prime Minister Shaukat Aziz has appointed Dr Ishrat Hussain, chairman, National Commission of Government Reforms, member of board of governors of the National School of Public Policy (NSPP) in place of Altaf M Saleem with immediate effect until further or

Published 15 Oct, 2006 12:00am

'Mafia against environment very strong in country'

Minister of State for Petroleum and Natural Resources, Malik Amin Aslam has said that joint efforts by the government and civil society are needed to overcome the environmental problems effectively.

Published 15 Oct, 2006 12:00am

Sanitation policy envisages steps to meet MDG targets

The recently approved national sanitation policy envisages wide-ranging moves towards meeting the Millennium Development Goal-7 target to halve by 2015 the proportion of population without access to sanitation.

Published 15 Oct, 2006 12:00am

Commander PLA visits Air Headquarters

Commander People's Liberation Army (Air Force) of China General Qiao Qingchen visited Air Headquarters Islamabad. On his arrival a smartly turned out contingent of Pakistan Air Force presented the guard of honour.

Published 15 Oct, 2006 12:00am

Pre-bid meeting for Services Hotel on October 16

The Privatisation Commission will hold a pre-bid meeting on Monday, October 16, 2006, to 'own and run' a five-star hotel on the prime land on Shahrah-e-Quaid-e-Azam, Lahore, which is presently titled as 'Services International Hotel' (SIH).

Published 15 Oct, 2006 12:00am

Railways to run 40 special Eid trains

Minister for Railways Sheikh Rashid Ahmed said on Saturday that Pakistan Railways would run 40 special trains to accommodate passengers on the eve of Eid-ul-Fitr.

Published 15 Oct, 2006 12:00am

DCOs directed to keep check on prices

The government of NWFP has directed all District Co ordination Officers (DCOs) in the province to utilise all mechanism of price control including activating price control committees and price magistrates to ensure availability of essential commodities at

Published 15 Oct, 2006 12:00am

Government decision not to cut POL prices comes under fire

The chairman of Senate standing committee on petroleum and natural resources, Dilawar Abbas, and the opposition on Saturday insisted that the benefits of oil price reduction in international market must reach the common man.

Published 15 Oct, 2006 12:00am

Prime Minister inaugurates 'angiography facility'

Prime Minister Shaukat Aziz on Saturday visited Sandeman Hospital here and inaugurated a newly installed 'angiography facility' there. The Balochistan Chief Minister, Jam Muhammad Yousaf, Minister for Inter-provincial Co-ordination, Salim Saifullah, Minis

Published 15 Oct, 2006 12:00am

32 arrested under Price Control Act

The DDOs Revenue and Mukhtiarkars of Hyderabad district while exercising special powers of judicial magistrates have paid surprise visits at different markets to control trend of increasing prices and maintain Ihtram-e-Ramazan Ordinance.

Published 15 Oct, 2006 12:00am

Computer training for income tax department workers

The employees of income tax department will be imparted computer training and first course in this connection will be commenced after the holy month of Ramazan.

Published 15 Oct, 2006 12:00am

Silk Road rail network deal to be inked next month

From Armenia to Vietnam, an 'iron' version of famed "Silk Road" will move a step closer to reality next month when Asian transport ministers sign agreement under United Nation auspices for a trans-continental rail network to link their capital cities, por

Published 15 Oct, 2006 12:00am

Unionised TCP staff get 20 percent raise in salaries

Apart from improvement in the facilities/benefits, a 20 percent increase has been agreed in the salaries of Unionised Employees of Trading Corporation Pakistan (TCP) by the Employees Union (CBA) and the TCP Management.

Published 15 Oct, 2006 12:00am

Formation of TDAP within few days

The establishment of the proposed Trade Development Authority of Pakistan (TDAP) to replace the Export Promotion Bureau (EPB) is expected to be announced within a few days. Tariq Ikram, Chairman EPB announced this while addressing the members of Pakistan

Published 15 Oct, 2006 12:00am

'Pakistan tourism to get a boost by organising Buddhist sector'

Pakistan tourism industry can get a major boost if a comprehensive and tourist-focused strategy is put in motion, and one prime sector is the Buddhist tourist sector, said General Srilal Weerasooriya, High Commissioner of Sri Lanka.

Published 15 Oct, 2006 12:00am

Visa plans to restructure its organisation

Visa announced on Saturday that it intends to restructure its organisation in order to create a new public global corporation called Visa Inc. As a part of this restructuring, Visa Europe will remain a membership association, owned and governed by its Eur

Published 15 Oct, 2006 12:00am

Moot held on Islamic financial instruments

The Southern Regional Committee of the Institute of Chartered Accountants of Pakistan (ICAP) held a seminar on 'Islamic Financial Instruments' here on Thursday at the ICAP auditorium.

Published 15 Oct, 2006 12:00am

Plea for date extension

KCCI Vice President Saqib Naseem has urged the chairman, Central Board of Revenue ((CBR) to extend the deadline for filing revised quarterly sales tax return-cum-payment challans for commercial importers to October 31, 2006.

Published 15 Oct, 2006 12:00am

Bilour fails in conciliation efforts with Peshawar Nazim

Senator Ilyas Ahmad Bilour-led ruling Businessman Forum of Sarhad Chamber of Commerce & Industry (SCCI) has failed in making rapprochement with City Peshawar District Nazim, Ghulam Ali, his arch foe, both in national and businessmen community politics, af

Published 15 Oct, 2006 12:00am

FCCI prepares road map to solve industrial problems

The Faisalabad Chamber of Commerce and Industry (FCCI) has chalked out a road map to resolve the industrial, business and social problems during 2006-07.

Published 15 Oct, 2006 12:00am

Sindh given technical support to combat dengue fever

In response to reports of incidence of Hemorrhagic Fever in Karachi, the Ministry of Health deputed a joint team comprising experts from National Institute of Health, Directorate of Malaria Control Program and the World Health Organisation to assess the s

Published 15 Oct, 2006 12:00am

Punjab chief secretary seeks report on doctors' salary case

The Chief Secretary, while taking suo motu notice of a news report published in a section of press regarding delay in payment of salaries to 2,100 doctors and nurses, has directed the secretary health to immediately submit a report to him in this regard.

Published 15 Oct, 2006 12:00am

Pakistani surgeon discovers EM-X treatment of breast cancer

Cancer Research Foundation of Pakistan (CRFP) executive-director and former principal of Fatima Jinnah Medical College, Lahore, Professor Dr Khalida Usmani presented her research work for the past 10 years about the use of EM-X in the management of breast

Published 15 Oct, 2006 12:00am

Government striving for long-term economic uplift: minister

Minister of State for Finance and Chairman of the Competitiveness Support Fund (CSF), Omar Ayub Khan said on Friday that Pakistan was focusing on innovation and competitiveness for long-term economic development.

Published 15 Oct, 2006 12:00am

'Prime Minister's package to ensure prosperity in Balochistan'

Rs 19.5 billion additional development package for Balochistan would ensure prosperity and help in bringing the province at par with rest of the country, Senator Mir Mohabbat Khan Marri said on Saturday.

Published 15 Oct, 2006 12:00am

Electioneering gears up for FPCCI polls

Since the President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has to come for the two year ie, 2007-2008 term, from Punjab, chambers and associations in that province have stepped up their electioneering campaigns to promote

Published 15 Oct, 2006 12:00am

National Assembly speaker leaves for Geneva

A nine-member Parliamentary delegation, led by Speaker National Assembly Chaudhry Amir Hussain, on Saturday left for Geneva on a 5-day visit, to attend the 115th Assembly of Inter-Parliamentary Union (IPU). The IPU Assembly is being held from October 15 t

Published 15 Oct, 2006 12:00am

PTV Noushaki booster inaugurated

Minister for Information and Broadcasting, Muhammad Ali Durrani has said the government of President Pervez Musharraf and Prime Minister Shaukat Aziz had the credit of giving unprecedented freedom of expression in the country.

Published 15 Oct, 2006 12:00am

'Musharraf, Atta main forces behind educational reforms'

Punjab Governor Lieutenant General Khalid Maqbool (Retd) has said that President Pervez Musharraf and Chairman Higher Education Commission, Dr Atta ur Rehman are the main driving forces and instrumental in country's educational reforms.

Published 15 Oct, 2006 12:00am

USC signs accord for import of frozen meat

Utility Store Corporation of Pakistan (USC) and M/s. AG Group have signed an agreement under which imported frozen meat will be sold at selected utility stores at lower prices.

Published 15 Oct, 2006 12:00am

Niazi assumes charge of PBC Director Engineering

Muqurrab Khan Niazi on Saturday assumed the charge as Director Engineering in Pakistan Broadcasting Corporation (PBC) after the retirement of Zulfiqar Ahmad.

Published 15 Oct, 2006 12:00am

Balochistan situation improving: Sherpao

Interior Minister Aftab Ahmed Sherpao has said that the government wants peace and stability in Balochistan and the situation is rapidly improving there. In an interview to BBC Radio.

Published 15 Oct, 2006 12:00am

Islamabad slams Delhi's allegations

Pakistan strongly rejects the Indian allegations of its intelligence agency's involvement in the Mumbai train bombing July this year, the Embassy of Pakistan stated on Friday in a letter printed in the Christian Science Monitor.

Published 15 Oct, 2006 12:00am

Pakistan for addressing root causes of conflicts in Africa

Stating that it has consistently supported the political and economic aspirations of Africa, Pakistan on Friday called for addressing multifarious root causes of conflicts on the continent.

Published 15 Oct, 2006 12:00am

Standardisation, grading system vital for clean cotton

Implementation of standardisation and grading system at grassroots level is vital for the promotion of contamination-free and clean cotton produce in the country.

Published 15 Oct, 2006 12:00am

Database preparation to register Afghan DPs from October 15

The government will prepare a comprehensive database of Afghan refugees across the country to develop policies for their voluntary repatriation from October 15. Official told newsmen here on Saturday that pilot exercise had been started for 10 days in two

Published 15 Oct, 2006 12:00am

Three die, 47 hurt in buses collision

At least three persons have died and another 47 injured when a speedy bus of Kohistan Company No SAF 9476 hit a parked bus of Nadir Company No JA-4149 from back side at Bagar bus stop, some 80-km north-east of Multan on Saturday, and then it collided with

Published 15 Oct, 2006 12:00am

DFID releases £44 million more for quake-hit areas

Britain's Department for International Development (DFID) has announced the release a further 44 million pounds, which will be spent over the next two years in the rehabilitation and reconstruction of the earthquake-hit areas of Azad Kashmir and Northern

Published 15 Oct, 2006 12:00am

Youm-e-Ali today

The police have beefed up the security in Multan and adjacent areas and close circuit cameras were installed to monitor the security of the processions on the eve of martyrdom of Hazrat Ali (RA) on October 15.

Published 15 Oct, 2006 12:00am

Mushahid greets Bangladesh's Nobel laureate

Senate Foreign Relations Committee's Chairman Mushahid Hussain Sayed on Friday congratulated Muhammad Yunus of Bangladesh, who has been awarded Nobel Peace Prize for his contributions to fight poverty.

Published 15 Oct, 2006 12:00am

Pakistan elected President of Colombo Plan Council

Pakistan has been unanimously elected as President of Colombo Plan Council (CPC) for the year 2006-07 in its 253rd session held in Colombo, Sri Lanka.

Published 15 Oct, 2006 12:00am

Awards for Royal Saudi Arabian Army officers

The award ceremony of Parachute Training School was held here on Saturday to award wings to the qualified officers and jawans of Royal Saudi Arabian Army in special Basic Air Borne Course.

Published 15 Oct, 2006 12:00am

Shaukat felicitates Dr Younus

Prime Minister Shaukat Aziz has said that award of coveted Nobel Peace Prize to Dr Muhammad Younus of Grameen Bank is a befitting recognition of the innovative banking concepts and the remarkable services rendered by him in alleviating poverty not only in

Published 15 Oct, 2006 12:00am

World economy may suffer $20 trillion loss by century's end

World economy could suffer a $20 trillion hit by century's end if governments fail to address global warming. The figure, equal to six to eight percent of projected global economic output in 2100.

Published 15 Oct, 2006 12:00am

Tenders invited for PIBs sale

Tenders for sale of Pakistan Investment Bonds (PIBs) for three, five and 10 years (by re-opening May 19, 2006 issue) and 15 and 20 years (fresh issue) maturity have been invited from primary dealers by October 30, 2006.

Published 15 Oct, 2006 12:00am

Tenders invited for PIBs sale

Tenders for sale of Pakistan Investment Bonds (PIBs) for three, five and 10 years (by re-opening May 19, 2006 issue) and 15 and 20 years (fresh issue) maturity have been invited from primary dealers by October 30, 2006.

Published 15 Oct, 2006 12:00am

Tenders invited for PIBs sale

Tenders for sale of Pakistan Investment Bonds (PIBs) for three, five and 10 years (by re-opening May 19, 2006 issue) and 15 and 20 years (fresh issue) maturity have been invited from primary dealers by October 30, 2006.

Published 15 Oct, 2006 12:00am

Tenders invited for PIBs sale

Tenders for sale of Pakistan Investment Bonds (PIBs) for three, five and 10 years (by re-opening May 19, 2006 issue) and 15 and 20 years (fresh issue) maturity have been invited from primary dealers by October 30, 2006.

Published 15 Oct, 2006 12:00am

Human smuggling continues unabated

Human smugglers allure about one million job seekers of the third world countries every year with hope of going abroad to earn large amounts of money. Sources in FIA reveal, the traffickers are part of the international mafia.

Published 15 Oct, 2006 12:00am

Human smuggling continues unabated

Human smugglers allure about one million job seekers of the third world countries every year with hope of going abroad to earn large amounts of money. Sources in FIA reveal, the traffickers are part of the international mafia.

Published 15 Oct, 2006 12:00am

NTDC prepares land acquisition plan for ADB power project

The Land Acquisition and Resettlement Framework (LARF) for the Power Transmission Enhancement Programme for Pakistan was prepared by National Transmission and Despatch Company (NTDC) to guide the preparation and implementation of Land Acquisition and Rese

Published 15 Oct, 2006 12:00am

British HC refuses visa to Gillani

Yousaf Raza Gillani, former speaker National Assembly and Vice Chairman Peoples Party was refused visa by the British High Commission and was accused of passport tempering on Saturday.

Published 15 Oct, 2006 12:00am

British HC refuses visa to Gillani

Yousaf Raza Gillani, former speaker National Assembly and Vice Chairman Peoples Party was refused visa by the British High Commission and was accused of passport tempering on Saturday.

Published 15 Oct, 2006 12:00am

Ethiopian team keen to import auto parts

A three-member Ethiopian delegation headed by Habte Radish, GM, Mesfin Industrial Engineering PLC visited Engineering Development Board (EDB) headquarters here on Saturday. The delegation showed interest in import of auto parts, three wheelers, tractors a

Published 15 Oct, 2006 12:00am

Ethiopian team keen to import auto parts

A three-member Ethiopian delegation headed by Habte Radish, GM, Mesfin Industrial Engineering PLC visited Engineering Development Board (EDB) headquarters here on Saturday. The delegation showed interest in import of auto parts, three wheelers, tractors a

Published 15 Oct, 2006 12:00am

Ethiopian team keen to import auto parts

A three-member Ethiopian delegation headed by Habte Radish, GM, Mesfin Industrial Engineering PLC visited Engineering Development Board (EDB) headquarters here on Saturday. The delegation showed interest in import of auto parts, three wheelers, tractors a

Published 15 Oct, 2006 12:00am

Prime Minister assures more funds for Hyderabad drainage system

Prime Minister Shaukat Aziz on Saturday said that the Federal Government will provide additional funds for the improvement of the drainage and sewerage system in Hyderabad in view of the severe problems caused by recent torrential rains there.

Published 15 Oct, 2006 12:00am

Indian inflation rises to 15-week high

India's inflation rate has risen to a 15-week high of 5.16 percent, according to official figures, fuelling expectations of an interest rate hike as early as this month.

Published 15 Oct, 2006 12:00am

FCC postpones vote on AT&T-BellSouth deal

A US Federal Communications Commission vote on AT&T Inc's purchase of BellSouth Corp was postponed again as internal debate led the agency on Friday to seek 10 days of public comment on conditions for the $80.8 billion deal.

Published 15 Oct, 2006 12:00am

KPN held talks to buy Getronics activities

Dutch telecoms group KPN had held talks to take over the Dutch, Belgian and German activities of Dutch computer services company Getronics, a newspaper reported on Saturday.

Published 15 Oct, 2006 12:00am

Kuwait and Tunisia plan to sell BTKD bank stakes

State-run Kuwait Investment Authority (KIA) and the Tunisian government plan to sell 30 percent each of their equal stakes in Banque Tuniso-Koweitienne de Development (BTKD), a Kuwaiti newspaper said on Saturday.

Published 15 Oct, 2006 12:00am

China keeps interest rate options open

Any further rise in Chinese interest rates will depend on economic developments but big changes in policy are unlikely, deputy central bank governor Wu Xiaoling said on Saturday.

Published 15 Oct, 2006 12:00am

British interest rate landscape turns strangely flat

Bank of England Governor Mervyn King has famously said his ambition is to make monetary policy boring. If futures markets are any guide, he has been successful. After a rollercoaster ride for much of the last 30 years, the path of British interest rates h

Published 15 Oct, 2006 12:00am

Delhaize and Ahold suspend merger talks

Belgian supermarket chain Delhaize and Dutch peer Ahold have suspended talks to create an alliance or possible merger, a Belgian daily said on Saturday. Referring to industry and financial sources De Tijd said there were two explanations for the suspensio

Published 15 Oct, 2006 12:00am

CBR told to issue amendments proposed by anomaly body

The Economic Co-ordination Committee (ECC) of the Cabinet has directed the Central Board of Revenue (CBR) to introduce 18 amendments in the customs laws, statutory regulatory orders (SROs) and rules/procedures to rectify errors following suggestions of th

Published 15 Oct, 2006 12:00am

CBR told to issue amendments proposed by anomaly body

The Economic Co-ordination Committee (ECC) of the Cabinet has directed the Central Board of Revenue (CBR) to introduce 18 amendments in the customs laws, statutory regulatory orders (SROs) and rules/procedures to rectify errors following suggestions of th

Published 15 Oct, 2006 12:00am

CBR told to issue amendments proposed by anomaly body

The Economic Co-ordination Committee (ECC) of the Cabinet has directed the Central Board of Revenue (CBR) to introduce 18 amendments in the customs laws, statutory regulatory orders (SROs) and rules/procedures to rectify errors following suggestions of th

Published 15 Oct, 2006 12:00am

Wapda row with Shenhua resolved: new tariff to be offered for coal-based plant

The main impediment between Wapda and Shenhua group has been resolved as the country''s biggest power producer and distributor have finally agreed to procure the facility from coal-fired power plants at increased rates.

Published 15 Oct, 2006 12:00am

Wapda row with Shenhua resolved: new tariff to be offered for coal-based plant

The main impediment between Wapda and Shenhua group has been resolved as the country's biggest power producer and distributor have finally agreed to procure the facility from coal-fired power plants at increased rates.

Published 15 Oct, 2006 12:00am

Wapda row with Shenhua resolved: new tariff to be offered for coal-based plant

The main impediment between Wapda and Shenhua group has been resolved as the country's biggest power producer and distributor have finally agreed to procure the facility from coal-fired power plants at increased rates.

Published 15 Oct, 2006 12:00am

Super Basmati DNA tests successful

The DNA testing of Super Basmati has proved that its characteristics match with the already notified variety, published in the Gazette of Pakistan on January 1, 1998, sources told Business Recorder on Saturday.

Published 15 Oct, 2006 12:00am

Super Basmati DNA tests successful

The DNA testing of Super Basmati has proved that its characteristics match with the already notified variety, published in the Gazette of Pakistan on January 1, 1998, sources told Business Recorder on Saturday.

Published 15 Oct, 2006 12:00am

Super Basmati DNA tests successful

The DNA testing of Super Basmati has proved that its characteristics match with the already notified variety, published in the Gazette of Pakistan on January 1, 1998, sources told Business Recorder on Saturday.

Published 15 Oct, 2006 12:00am

Saudi Arabia to be offered Gwadar as energy corridor

Pakistan, during meetings between the two countries next month, will offer to Saudi Arabia the use of the Gwadar deep-sea port as energy corridor, official sources told Business Recorder here on Saturday.

Published 15 Oct, 2006 12:00am

Saudi Arabia to be offered Gwadar as energy corridor

Pakistan, during meetings between the two countries next month, will offer to Saudi Arabia the use of the Gwadar deep-sea port as energy corridor, official sources told Business Recorder here on Saturday.

Published 15 Oct, 2006 12:00am

Saudi Arabia to be offered Gwadar as energy corridor

Pakistan, during meetings between the two countries next month, will offer to Saudi Arabia the use of the Gwadar deep-sea port as energy corridor, official sources told Business Recorder here on Saturday.

Published 15 Oct, 2006 12:00am

KESC asked to bridge demand, supply gap

Prime Minister Shaukat Aziz said on Saturday there is a surge in the demand for electricity as a result of the high growth and investment in the industrial sector and the Karachi Electric Supply Corporation (KESC) should take necessary steps to bridge the

Published 15 Oct, 2006 12:00am

KESC asked to bridge demand, supply gap

Prime Minister Shaukat Aziz said on Saturday there is a surge in the demand for electricity as a result of the high growth and investment in the industrial sector and the Karachi Electric Supply Corporation (KESC) should take necessary steps to bridge the

Published 15 Oct, 2006 12:00am

KESC asked to bridge demand, supply gap

Prime Minister Shaukat Aziz said on Saturday there is a surge in the demand for electricity as a result of the high growth and investment in the industrial sector and the Karachi Electric Supply Corporation (KESC) should take necessary steps to bridge the

Published 15 Oct, 2006 12:00am

NHA leasing process declared non-transparent: Ministry told to draft new policy

The government has declared the leasing process of National Highways Authority (NHA) as non-transparent, and frozen all fresh and under process land leases, official sources told Business Recorder here on Saturday.

Published 15 Oct, 2006 12:00am

NHA leasing process declared non-transparent: Ministry told to draft new policy

The government has declared the leasing process of National Highways Authority (NHA) as non-transparent, and frozen all fresh and under process land leases, official sources told Business Recorder here on Saturday.

Published 15 Oct, 2006 12:00am

NHA leasing process declared non-transparent: Ministry told to draft new policy

The government has declared the leasing process of National Highways Authority (NHA) as non-transparent, and frozen all fresh and under process land leases, official sources told Business Recorder here on Saturday.

Published 15 Oct, 2006 12:00am

Terrorism bid foiled as 5 grenades recovered from train

Railways Police Quetta foiled a terrorism bid and recovered five hand grenades from Rawalpindi bound Jaffar Express standing at Quetta Railway Station here on Saturday. According to Railways Police, they found a suspicious bag lying beneath a seat in Econ

Published 15 Oct, 2006 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.83
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
Nasdaq / Nov 25	18,054.84
Dow Jones / Nov 25	44,736.57
India Sensex / Nov 26	80,083.15
Tokyo Nikkei / Nov 26	38,266.61
Hang Seng / Nov 26	19,174.25
FTSE 100 / Nov 26	8,253.38
Germany DAX 30 / Nov 26	19,284.47

Item	Value
Gold 10 Grams PKR / Nov 25	244,860.20
Crude Oil USD/Barrel / Nov 26	69.17
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold Spot USD/Ounce / Nov 26	2,623.04
Cotton US¢/pound / Nov 26	71.35
Petrol/Litre / Nov 27	248.38

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.48 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▼ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	68.52 ▼ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	125.50 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▼ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.48 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▲ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	68.52 ▲ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	125.50 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▲ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 27 K-Electric Limited(KEL)	101,636,133 ▲ 0.00
B.O.Punjab / Nov 27 The Bank of Punjab(BOP)	92,023,190 ▲ 0.00
Hascol Petrol / Nov 27 Hascol Petroleum Limited(HASCOL)	73,320,431 ▲ 0.00
Fauji Foods Ltd / Nov 27 Fauji Foods Limited(FFL)	54,116,789 ▲ 0.00
Sui South Gas / Nov 27 Sui Southern Gas Company Limited(SSGC)	54,088,119 ▲ 0.00
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