Gold rose on Monday after hitting a three-week low, with bargain hunters and physical buyers supporting a market that remained vulnerable due to thin trading ahead of Christmas.
National Commodity Exchange Limited (NCEL), an all-electronic derivatives exchange, which will have its soft launch in February 2007, has arranged an investor seminar at Lahore on December 20.
National Commodity Exchange Limited (NCEL), an all-electronic derivatives exchange on Monday announced the date of its soft launch to be Friday, February 2, 2007.
The Punjab government has decided to set up "burn units" in all district headquarters in the province to provide immediate medical treatment to the burned persons at their doorstep and work on this project would be undertaken shortly.
Small and Medium Enterprise Development Authority (Smeda) has prepared a multi-dimensional strategy to the modernise sport goods industry, especially the soccer ball manufacturing sector, enabling it cope with the new challenges of global market, said Sme
Our cricket captain Inzamam has belittled Little Master Hanif Mohammad by comparing him to Mohammad Yusuf, our latest humble and great batsman. Whether Inzy has done it out of ignorance or arrogance or both, I don't know, but what I do know is that such c
I have recently travelled to a few Far Eastern countries, including Japan, Singapore, Hong Kong and Philippines and I got the opportunity to talk to lots of local people and government officials.
The Government of General Pervez Musharraf is very actively and appreciably extending its hand in tackling the international terrorism. The efforts and practical contributions made by Pakistan in this field have internationally been recognised but is the
India's feisty television news channels have tapped a seam of public disgust by using revolutionary sting operations to expose official corruption and social ills that have made some lawmakers so nervous they are trying to limit media power.
Domestic support is the support/favour given to the resource poor farmers under the provision of the World Trade Organisation (WTO) in order to improve their present pitiable condition. This commitment comes under Agreement on Agriculture (AoA).
Balochistan has great geo-strategic location. It has a wealth of natural and mineral resources which has increased its significance. It has the potential to become the regional economic hub after opening up of the Gwadar Port. Unfortunately, it always rem
Speaking at a government organised women's convention in Islamabad on Tuesday, President General Pervez Musharraf defended the recently passed women's protection law, countering its opponents' criticism. "Hudood Allah," he averred, "cannot be changed as t
Improvement in economic fundamentals is touted as a major achievement of the present government. Indeed it was but lately the economy has witnessed substantial weaknesses in some key areas which, if left unattended, could become a source of severe headach
Traders, industrialists, importers and economists have opposed the idea of devaluation of rupee, terming it as injurious to economy and calling the suggestion as very ridiculous.
The Central Board of Revenue (CBR) has dismissed Mazhar A Nurani, a BS-20 officer of customs and excise group on charges of corruption. According to a CBR notification issued here on Monday, Nurani was taken into custody under National Accountability Bure
The government will hold talks with local auto manufacturers on Tuesday (today) to evolve consensus on auto industry development plan that envisages 5.6 percent contribution to the GDP by 2011.
Things political have come full circle, as the go-betweens, who had undertaken to build bridges between President Pervez Musharraf and Benazir Bhutto have accepted defeat and bowed out, restoring the balance of power in the parliament to the pre-Woman Pro
National Assembly (NA) Speaker Chaudhry Amir Hussain has said the parliament is the best forum for discussing and expressing the viewpoint on any national issue. Talking to Business Recorder at the Sialkot Dry Port here on Monday afternoon, he said
Pakistan Post has announced letter writing competition on "Imagine you are a wild animal whose habit is threatened by environmental or climate chapter. Write a letter to the people, the world, explaining to them what they can to help you survival."
The first group of lady master trainers completed their four-week training on "Community empowerment through livestock development" at the University of Veterinary and Animal Sciences (UVAS), Lahore on Monday.
The National Reconstruction Bureau (NRB) will finalise package of constitutional and financial reforms to strengthen provincial autonomy and Federal to Provincial devolution by the end of the year.
The Lahore High Court (LHC) has confirmed the bail of former vice-chairman LCCHS, Brigadier Karrar Ali Agha. Agha is facing charges of misappropriation of LCCHS (DHA) funds and also making fake allotments. He is also facing charges of making illegal asset
Former Finance Minister Sartaj Aziz has dispelled the possibility of depreciation in the rupee value and pointed out that misreading of the IMF report on Pakistan economy has put pressure on the money market. He expressed these views while addressing the
"Pakistan does not claim, and has never claimed, Kashmir as an integral part of Pakistan during past six decades" Foreign Office spokesperson Tasnim Aslam said here on Monday.
The Labour Party Peer Lord Nazir has underscored the need for participation of all Kashmiri parties, including the Mujahideen, in the peace talks leading to the settlement of Kashmir issue in an amicable way.
The NWFP Assembly Standing Committee on agriculture, livestock and co-operatives has urged the provincial government for taking measures to ensure rice cultivation in district Charsadda and construction of godowns for preservation of wheat and seeds in th
All Pakistan Minorities Alliance (APMA) has demanded of the President General Pervez Musharraf that non-Muslims involved in minor crimes should be released from jails and all discriminatory laws against the minorities must be repealed on the eve of Christ
Pakistani textile exporters would not be in a position to win export orders for next year if export prices were not made competitive prior to Heimtextil Exhibition Germany starting from January 12, 2007.
No dialogue or peace efforts between India and Pakistan could bear fruits until New Delhi put an end to brutal violations of human rights and end state terrorism in the Indian occupied Kashmir (IOK), Professor Muhammad Ashraf Saraf, senior leader of All P
The National Commission for Human Development (NCHD) has countrywide established 6,602 literacy centres where 160,533 people have become literate. According to official sources, the non-formal basic education system introduced by the government through se
The Speaker National Assembly Chaudhry Amir Hussain has said that economic activities were picking pace in all sectors of the economy as well as Pakistan has become ideal and attractive country for the foreign investment.
The balloting ceremony for the first phase of the education city was held here on Monday during which 525 house numbers were allotted to educationists who had applied for ownership under the project.
The Planning Commission's Implementation and Monitoring member Lieutenant General Muhammad Zubair (retd) has said the government is making strenuous efforts for resolving the problems confronting the business community of the country.
The Lahore High Court (LHC) has disposed of a petition filed by a member of the Lahore High Court Bar Association (LHCBA) Mushtaq Mohal challenging the recruitment of prosecutors through Lahore High Court (LHC), as the law officer informed the court that
The provincial government would sign two memorandums of understanding (MoUs) on December 13 to expedite the development process in Sindh mines and mineral sector. Sources in the Mines and Mineral Department told Business Recorder on Monday that the
Bonded Labour Liberation Front (BLLF) and Labour Party Pakistan jointly held a demonstration outside Lahore Press Club on Monday to protest the excesses of brick kiln owners and non-implementation of official wages.
Medical Superintendent (MS) of Agency Headquarter Hospital Parachinar, Dr Hanif Jan has said that a dental block equipped with latest technology would shortly be inaugurated in the hospital. Talking to APP here on Monday, Dr Jan said that doctors and othe
The Pakistan Credit Rating Agency Limited (Pacra) in July 2005 placed the entity ratings of Pakistan Industrial Credit and Investment Corporation Limited (Long term: AA, Short-term A1+) on Rating Watch on account of the proposed merger with its subsidiary
The Pakistan Credit Rating Agency Limited (Pacra) in July 2005 placed the entity ratings of Pakistan Industrial Credit and Investment Corporation Limited (Long term: AA, Short-term A1+) on Rating Watch on account of the proposed merger with its subsidiary
Use of artificial jewellery is on rise in country due to increase of snatching gold jewellery incidents. Majority of women going out to attend functions used to wear artificial jewellery instead of gold jewellery fearing that they might loss their valuabl
The inevitable has happened. Businessmen Panel's landslide victory in both 'A' class and 'B' class associations has cleared the way for its nominee for the office of President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for 200
Sui Southern Gas Company (SSGC) will provide gas to 220 towns and villages in Sindh and Balochistan during the current financial year ending June 2007. This was stated by the Managing Director SSGC Munawar Baseer Ahmad while briefing the Senate Standing C
The Pakistan Coast Guards (PCG) has arrested two persons and recovered heroin and hashish from their possession. According to a press release received here on Monday.
"Islamic form of insurance--Takaful--has tremendous potential in Pakistan. World-wide total Takaful contributions volume (premiums) in 2004 stood at around $3 billion. Given the phenomenal growth of Takaful, particularly in Malaysia and the Middle East, i
Sindh Minister for Labour, Transport, Industries and Commerce Mohammad Adil Siddiqui said on Monday that government is focussing to set up small and medium industries in interior Sindh to provide maximum opportunities of employment to local people.
The APNS has noted with grave concern that the Federal Government intends to establish 'Press And Publications Regulatory Authority (Papra) on the same lines as Pemra, stated a spokesman of the Society.
South Asian Free Media Association (Safma) Secretary General Imtiaz Alam speaking in a seminar on "Excesses on journalists in the country," here on Sunday said that press was under threat from state as well as non-state actors.
Parachute technology of rice, introduced for bringing revolutionary changes in per acre yield of rice crop, has won the confidence of rice growers due to its positive results in Sialkot district.
Government has trained 3,000 healthcare providers in essential maternal and neonatal care in Multan, Muzaffargarh, Bahawalpur, Dera Ghazi Khan and 16 other districts to deliver quality services to women and children, especially mothers and new-borns.
The government is implementing a comprehensive strategy to develop the agriculture sector on modern scientific lines and in this connection best possible facilities are being provided to the farmers on top priority basis, said Chaudhry Muhammad Wasi Zafar
Agriculture ministers from South Asian Association for Regional Co-operation (Saarc) countries will for the first time in the history meet here on December 14 to explore new avenues for enhancing inter and intra-regional trade of agri products.
A seminar in connection with the International Human Rights Day was held at National Library Auditorium, Islamabad on Monday with an objective to create awareness about the importance of human rights.
Safari train service will be started in Khewra Salt Mines with the cooperation of railway ministry to facilitate people. This was stated by Managing Director PTDC Salman Javed here on Monday.
The gap between the savings and the gross domestic product (GDP) has widened to 3.6 percent during 2005-06, up from 1.6 percent, said official sources.
Provincial steering committee on Tameer-e-Sarhad Programme (TSP) on Monday approved development schemes worth millions of rupees for women and minority MPAs, being launched throughout the province.
Bina Goodyear Berhad a well known construction company of Malaysia has joined hands with Al Ghurair Giga Pakistan for the construction of its project Goldcrest, Defence Housing Authority Islamabad.
National Assembly Standing Committee on States and Frontier Regions (Safron) on Monday directed the government to expedite repatriation of Afghan refugees following the worsening law and order situation in the country.
Federal Health Minister Nasir Khan will visit Pak-Afghan border on Tuesday (tomorrow) to monitor polio immunisation campaign. Pakistan and Afghanistan have agreed to launch a well-co-ordinated cross-border immunisation campaign to fight against the crippl
The Deputy Chairman Senate Jan M Jamali, the ruling Pakistan Muslim League Secretary General Mushahid Hussain Syed and the nationalist leaders on Monday called for an immediate end to the military operation in Balochistan, arguing for constitutional amend
President General Pervez Musharraf has emphasised the need for introducing modern technology at all tiers for improving working of the judiciary, ensuring transparency and speedy delivery of justice to the people.
A ten-day Joint anti-terrorist exercise "Friendship Exercise-2006" of Pakistan Army and Chinese Peoples Liberation Army (PLA) started in the hilly terrain near here Monday. A sizeable contingent from China comprising Elite Group is taking part in the join
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).
JCR-VIS Credit Rating Company Ltd (JCR-VIS) has reaffirmed the medium to long-term entity of BBB- (Triple B minus) and short-term rating of A-3 (A Three) assigned to MIMA Leather (Private) Limited (MIMA). The outlook on the medium to long-term rating is '
JCR-VIS Credit Rating Company Ltd (JCR-VIS) has reaffirmed the medium to long-term entity of BBB- (Triple B minus) and short-term rating of A-3 (A Three) assigned to MIMA Leather (Private) Limited (MIMA). The outlook on the medium to long-term rating is '
Pakistan Bar Council (PBC) has nominated Syed Qalb-i-Abbas as returning officer for the re-elections of Supreme Court Bar Association (SCBA) to be held on December 18. The PBC has also constituted a five-member supervisory committee headed by former judge
The Executive Committee of Pakistan Bar Council has nominated Syed Qalb-e-Hasan as returning officer for the purpose of holding of re-polling of Supreme Court Bar Association's election scheduled to be held on December 18, 2006.
City District Government Karachi (CDGK) plans to increase fees for the change of land status on 21 identified commercialised thoroughfares of the metropolis and in this regard further amendments in its bylaws will be made.
An appeal by Sheikh Omar sentenced to death for killing US reporter Daniel Pearl got under way on Monday at a court in Pakistan after a delay of more than four years. "The entire defence team is there" and had begun to present their case to the judge, pub
Chairman, Association of Auto parts Exporters, Tahir Javed Malik, has urged the government not to allow duty-free import of black cabs in the larger interest of local engineering and auto industry.
The Lahore High Court (LHC), while allowing the petitions of Patwaris, has observed that Nazims are not empowered to either recruit or terminate the revenue officials. The court further observed that the respondent Nazims are even not authorised to perfor
General Secretary Pakistan Workers Federation (PWF) Khurshid Ahmad has said that Pakistan has youngest labour force in the world almost 63 percent from the age of 15 to 24 years living majority in the rural areas.
Sindh Employees Social Security Institution (Sessi) Commissioner, Rasool Bux Phulpoto has said that there are no more instances of child labour working in industrial units.
Chairman National Commission for Government Reforms Dr Ishrat Hussain has urged the civil servants to work with good motives and full dedication to overcome the shortcomings and make the country's institutions more dynamic and vibrant.
Survey teams of an independent organisation would randomly select tax officials and taxpayers for carrying out a perception survey to know about the impact of reforms.
With a view to creating awareness among families of epileptic patients, Fountain House Lahore organised a community education programme on epilepsy here on Monday.
Punjab Health Minister Chaudhry Muhammad Iqbal on Monday announced launching of mass-scale awareness campaign in as many as 53 tehsils of the 13 districts of the Punjab to strengthen Expanded Programme on Immunisation (EPI).
Pursuant to Punjab Chief Minister's "Health for All" Vision, Mayo-Hospital, Lahore, which is one of the biggest health institutions not only in the country but also in Asia, has been converted into a patient-friendly state-of-the-art hospital where free m
Mybank Ltd, Chairman Iqbal Alimohamed has said that his bank is sharing profit with its account holders as per instructions of the State Bank of Pakistan (SBP). He was talking to the newsmen after the inauguration of Mybank model branch here at DHA on Mon