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Print - 2007-01-25
US MIDDAY: copper futures rise

US MIDDAY: copper futures rise

US copper futures rose nearly one percent in early trade on Wednesday, mirroring gains in overseas markets as warnings of supply shortages from China's largest copper producer fuelled the buying, analysts said.
Published 25 Jan, 2007 12:00am
US MIDDAY: soyabeans weak

US MIDDAY: soyabeans weak

Soyabean futures at the Chicago Board of Trade were called to open 5 to 8 cents per bushel lower on Wednesday, setting back from Tuesday's rally before President George W. Bush's State of the Union address, traders said.
Published 25 Jan, 2007 12:00am
US MIDDAY: gold futures plunge

US MIDDAY: gold futures plunge

Gold futures fell early in New York on Wednesday, after an almost two-percent rally on speculative buying a day earlier, as a stronger dollar and lower oil promoted investors to lock in profits. Silver, platinum and palladium also traded down, after the p
Published 25 Jan, 2007 12:00am
2243 students complete Tevta training

2243 students complete Tevta training

As many as 2243 students have completed training during the first phase of Technical Special Training Programme (TSTP) from 12 institutes run by the Technical Education & Vocational Training Authority (Tevta) in Faisalabad.
Published 25 Jan, 2007 12:00am
Urs of Baba Farid begins today

Urs of Baba Farid begins today

The annual Urs celebrations of the renowned Sufi saint of the sub-continent, Hazrat Baba Fariduddin Masood Shakar Ganj will commence at Pakpattan on Thursday, January 25.
Published 25 Jan, 2007 12:00am
HBL employees seek better GHS

HBL employees seek better GHS

The officers of Habib Bank Limited (HBL) has called for introduction of an acceptable and better golden handshake scheme (GHS) to provide honourable way out to the senior employees of the bank.
Published 25 Jan, 2007 12:00am
Taunsa remodelling hits people hard

Taunsa remodelling hits people hard

'Sindhu Bachao Tarla' (Save Indus Struggle) has said that since its inception on May 10, 2005, the World Bank-funded Taunsa barrage remodelling project has created problems for the people of Dera Ghazi Khan, Muzaffargarh and Rajanpur districts.
Published 25 Jan, 2007 12:00am
NWFP rejects promotion of secularism through textbooks

NWFP rejects promotion of secularism through textbooks

The government of the religio-political alliance MMA in NWFP on Wednesday outrightly rejected the promotion of secularism in garb of the inclusion of a chapter on enlightened moderation in the textbooks of the students.
Published 25 Jan, 2007 12:00am
Ulema assure cooperation for harmony

Ulema assure cooperation for harmony

The Ulema and the religious leaders belonging to different schools of thought have assured that they will extend every possible co-operation to ensure unity, religious harmony and tolerance during Muharram in the district.
Published 25 Jan, 2007 12:00am
Rs 1.263 billion projects underway at BZU

Rs 1.263 billion projects underway at BZU

A number of new projects worth Rs 1.263 billion are underway to upgrade educational facilities at the Bahauddin Zakariya University (BZU) Multan.
Published 25 Jan, 2007 12:00am
The lesson of history

The lesson of history

The Neocons, Hindus and Jews look determined to get rid of the 'nuclear teeth' of the Muslim countries. One must not forget the lesson of history; viz they cannot live who cannot die.
Published 25 Jan, 2007 12:00am
Innumerable schools in Karachi

Innumerable schools in Karachi

Schools are the most common business nowadays. A crowd of different schools can be easily visualised during our routine walks or drives. But what standard are they providing to our new generation?
Published 25 Jan, 2007 12:00am
Somalis in Ethiopia hesitant to return home

Somalis in Ethiopia hesitant to return home

Abdulrahman Abdulqadir was watching his favourite football team Arsenal on satellite television when the seven gunmen burst into his shack in Somalia's capital Mogadishu. "They were shouting 'This is not allowed', 'This is against Islam'," said the 18-yea
Published 25 Jan, 2007 12:00am
Tax refund information system-II

Tax refund information system-II

The prima facie distinction of tax payment receipt will automatically generate notices for new taxpayers for registration and may be sent to them along with the NTN application form. Unattended notices or applications may be used to verify the Withholding
Published 25 Jan, 2007 12:00am
Onward with desalination

Onward with desalination

It, indeed, is heartening to learn from a Recorder Report of the prospect of an acute water crisis in SITE area of Karachi ending with the completion of a 20 million gallon daily (MGD) desalination water project.
Published 25 Jan, 2007 12:00am
Disagreement on poverty trends

Disagreement on poverty trends

The extent of poverty and its trend have become a hot topic in Pakistan. Looking at the conditions on the ground, most of the independent analysts believe that standards of living, particularly of the poor, have deteriorated or remained almost stagnant.
Published 25 Jan, 2007 12:00am
Punjab to provide skilled labour to cement units

Punjab to provide skilled labour to cement units

Punjab Mines and Minerals Minister Muhammad Sibtain Khan has said the mines department has started work in the project to provide skilled labour force to cement factories keeping in view the future needs of factories and this skilled force would fulfil th
Published 25 Jan, 2007 12:00am
LSE holidays

LSE holidays

The Lahore Stock Exchange (LSE) will remain closed on January 29 and 30 on account of 9th and 10th of Muharram, says a press release.
Published 25 Jan, 2007 12:00am
Call to check population growth

Call to check population growth

Punjab Minister for Population Welfare, Nasim Lodhi, in a meeting here on Wednesday has directed all the district officers to play proactive role in creating awareness about implications of over-population so as to expedite socio-economic development of t
Published 25 Jan, 2007 12:00am
High-security jail for Sahiwal

High-security jail for Sahiwal

Punjab Communication and Works Minister Chaudhry Zaheer-ud-Din Khan has said that high-security jail would be constructed in Sahiwal for the dangerous prisoners at a cost of Rs 617.022 million.
Published 25 Jan, 2007 12:00am
CDGL arranging free medicines for patients

CDGL arranging free medicines for patients

The City District Government Lahore (CDGL) will make arrangements for benefiting from the services of senior professors in the fields of medicine and surgery and provision of 100 percent free medicines to indoor patients in district and tehsil level hospi
Published 25 Jan, 2007 12:00am
Punjab ITB attracting foreign investment

Punjab ITB attracting foreign investment

With focus to create opportunities for more than 56,000 highly trained IT professionals in the province, Punjab Information Technology Board (PITB) has been allocated a development budget of Rs 7 billion (US $115 million) for the next three years.
Published 25 Jan, 2007 12:00am
Exhibition

Exhibition

'Artists and painters play pivotal role in the depiction of various norms of images which describes the authenticity and grip of the artists on the subject.'
Published 25 Jan, 2007 12:00am
Technical education to one million students planned

Technical education to one million students planned

Punjab Governor Lieutenant General Khalid Maqbool (Retd) has urged upon the government to enhance funds so as to provide tool kits to the passing out students from the vocational training institutes.
Published 25 Jan, 2007 12:00am
PCNP to field candidate against Musharraf

PCNP to field candidate against Musharraf

Pakistan Christian National Party (PCNP) has announced that it would field its candidate against General Pervez Musharraf in the presidential elections. While talking to newsmen, here on Wednesday, Chairman PCNP, M Joseph Francis said that if religious mi
Published 25 Jan, 2007 12:00am
Auqaf department to ensure quality food as 'langar'

Auqaf department to ensure quality food as 'langar'

Punjab Auqaf Minister Sahibzada Saeed-ul-Hassan Shah has directed Auqaf officials to ensure quality of food brought to shrines and mosques for free distribution. He was presiding over a departmental meeting held at Civil Secretariat here on Wednesday, sta
Published 25 Jan, 2007 12:00am
Rs 54.33 million allocated for seven fisheries projects

Rs 54.33 million allocated for seven fisheries projects

Punjab government has allocated an amount of Rs 54.33 million for the development programme of Fisheries department for the current fiscal year with a view to promote aqua-culture and fisheries related activities in the province.
Published 25 Jan, 2007 12:00am
PKM opposes duty-free cotton import from India

PKM opposes duty-free cotton import from India

Pakistan Kissan Movement (PKM) Secretary General Chaudhry Hanif Gujjar has urged Prime Minister Shaukat Aziz to turn down demand of the textile industry regarding duty-free import of cotton from India.
Published 25 Jan, 2007 12:00am
Educational institutions urged to produce innovative experts

Educational institutions urged to produce innovative experts

Chancellor and Governor Punjab Lieutenant General Khalid Maqbool (Retd) has said that country's economy is strengthened than the past and it is now the responsibility of the educational institutions to produce innovative experts to further strengthen the
Published 25 Jan, 2007 12:00am
Image Garments chooses Oracle applications

Image Garments chooses Oracle applications

Image Garments (Private) Ltd, a leading name in the Pakistani textile sector and manufacturer of the Polo Piques, is using Oracle E-business Suite Special Edition (Oracle Applications) to boost its productivity and improve profitability, said a press rele
Published 25 Jan, 2007 12:00am
Opposition meltdown begins?

Opposition meltdown begins?

The main opposition alliances, led by Makhdoom Amin Fahim and Qazi Hussain Ahmed, are under mistrust, confusion and differences. The opposition's years-long resolve to send President General Musharraf home before election has apparently fizzled out.
Published 25 Jan, 2007 12:00am
Benazir slams police action

Benazir slams police action

Former Prime Minister and PPP Chairperson Benazir Bhutto has condemned the baton charging and arrest of PPP's women workers in Karachi and demanded immediate release of activists and action against those responsible for the incident.
Published 25 Jan, 2007 12:00am
Aptma resents government apathy

Aptma resents government apathy

In an extraordinary general body meeting held in Lahore on Tuesday, the members of All Pakistan Textile Mills Association (Aptma) voiced their disappointment and concern at the government's negative attitude towards the industry.
Published 25 Jan, 2007 12:00am
Mehran engineering university produces seventh PhD

Mehran engineering university produces seventh PhD

Mehran University of Engineering and Technology, Jamshoro has produced its 7th Ph.D. candidate, Dr Khalil-ur-Rehman Dayo, under the supervision of Professor Dr Abdul Qadeer Khan Rajput, and Dr Bhawani Shankar Chowdhry in the field of Telecommunication and
Published 25 Jan, 2007 12:00am
Austrian firm launches Abaya manufacturing concern

Austrian firm launches Abaya manufacturing concern

Pakistan's growing economy is an opportunity for foreign entrepreneurs to expand their businesses. This was stated by Werner Gutmann, Sales Manager, Swarovski at presentation of its Abaya, making debut in Pakistan, here on Wednesday.
Published 25 Jan, 2007 12:00am
GBM kicks off operations in Pakistan

GBM kicks off operations in Pakistan

Gulf Business Machines (GBM) on Wednesday initiated its operations in Pakistan to provide IT solution. Addressing the launching ceremony, CEO, GBM, Cesare Cardone said that Pakistan was a potential and growing IT market and hoped it would further get augm
Published 25 Jan, 2007 12:00am
US visa policy

US visa policy

There is no proposal under consideration to open American visa counters at Karachi in the near future, Acting American Consul General Ms Kay Anske informed business community.
Published 25 Jan, 2007 12:00am
INTERNATIONAL TENDERS

INTERNATIONAL TENDERS

Export Promotion Bureau has received the following International Tenders from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details of Tenders from the addresses given or from EPB Head Quarters and its Region
Published 25 Jan, 2007 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 25 Jan, 2007 12:00am
Traders oppose ban on pillion riding

Traders oppose ban on pillion riding

Traders of Multan on Wednesday staged a protest demonstration against restrictions of pillion riding, at the call of Chamber of small traders. They condemned the police and administration, describing the ban on pillion riding as a cruel and illogical step
Published 25 Jan, 2007 12:00am
My Karachi exhibition

My Karachi exhibition

Governor Sindh Dr Ishratul Ibad Khan will be the chief guest at an introductory ceremony of 4th My Karachi exhibition of Karachi Chamber of Commerce and Industry (KCCI) on February 7. The chamber has invited President General Pervez Musharraf to inaugurat
Published 25 Jan, 2007 12:00am
Thai exhibition 2007 opens

Thai exhibition 2007 opens

The Vice-President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Zubair Tufail, has asked the exporters to take initiative for exploring the Thai market to bring the trade balance near equilibrium between the two countries.
Published 25 Jan, 2007 12:00am
Sheikhupura Chamber welcomes TOO 2006

Sheikhupura Chamber welcomes TOO 2006

Sheikhupura Chamber of Commerce and Industry President Mian Tariq Rehman, while welcoming the Trade Organisations Ordinance (TOO) 2006, has announced to open its membership and also asked the local businessmen to contact the SCCI in case of any trade-rela
Published 25 Jan, 2007 12:00am
Efforts on to mitigate businessmen problems

Efforts on to mitigate businessmen problems

Federal government is making strenuous efforts to mitigate problems being confronted by business community on top priority basis, said Federal Secretary Industries, Production and Special Initiatives, Shahab Khawaja.
Published 25 Jan, 2007 12:00am
Businessmen seek tax-free district status for Sialkot

Businessmen seek tax-free district status for Sialkot

Local business community has appealed to the federal government to declare Sialkot 'Tax-free' district for further accelerating the pace of trade and commerce activities and bringing big boom in the export volume in this export-oriented city.
Published 25 Jan, 2007 12:00am
Privatisation renders 0.6 million people jobless

Privatisation renders 0.6 million people jobless

People's Labour Bureau, Multan division President Malik Bashir Ahmed has said that a research study on privatisation has confirmed that denationalisation will bring a disaster for the working class people.
Published 25 Jan, 2007 12:00am
Census of manufacturing industries

Census of manufacturing industries

Directorate of Industries, Government of Sindh, is conducting Census of Manufacturing Industries for the year 2005-2006 under Industrial Statistics Act 1942. According to this Act, it is mandatory for all manufacturing units registered under Factories Act
Published 25 Jan, 2007 12:00am
Mega project for skill development to be launched: Cheema

Mega project for skill development to be launched: Cheema

The Punjab government has planned to launch a mega project for skill development in non-industrial areas within a month besides encouraging cottage industries in the rural and suburban areas of the province, said Provincial Minister for Commerce and Indus
Published 25 Jan, 2007 12:00am
Two AJK High Court judges sworn in

Two AJK High Court judges sworn in

Justice Muhammad Younis Tahir and Justice Rafi Ullah Sultani on Wednesday sworn in as permanent judges of Azad Jammu and Kashmir High Court. Chief Justice of AJK High Court and Shariat Court Justice Sardar Muhammad Nawaz Khan administered oath to the newl
Published 25 Jan, 2007 12:00am
More life-saving drugs missing from market

More life-saving drugs missing from market

More life-saving drugs are reported to be missing from the market and even are not available at the government-run hospitals' pharmacies. The Network for Consumer Protection (NCP) has also revealed 13 essential drugs that are unavailable in the markets of
Published 25 Jan, 2007 12:00am
Operation against illegal shopping plazas planned

Operation against illegal shopping plazas planned

The city district government, Multan has asked the administrations of all four towns to initiating grand operation against illegally constructed and defaulted shopping plazas and ordered sealing of such trade centers who have failed in depositing their pa
Published 25 Jan, 2007 12:00am
India beat West Indies in thriller

India beat West Indies in thriller

India's spinners stopped a tense run chase by the depleted West Indies here on Wednesday to help the hosts take a 2-0 lead in the four-match series India, dismissed for 189, hit back to bowl out a West Indian side missing their inspirational captain Brian
Published 25 Jan, 2007 12:00am
Senate body censures Central Selection Board for 'unjust' promotions

Senate body censures Central Selection Board for 'unjust' promotions

Members of Senate Special Committee meeting on Wednesday took the Central Selection Board to task, terming the selection criteria as biased and demanded equal representation of all the federating units in the Board. With Senator SM Zafar in the chair, the
Published 25 Jan, 2007 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Energy related issues are coming to the fore, at least in the Senate. On Wednesday, most of the questions taken up were about petroleum products, power plants, Thar coal and windmills. As expected, a glass that was 'half full' for the water and power mini
Published 25 Jan, 2007 12:00am
Non-recovery of Sohail Qalandar: newsmen stage token walkout

Non-recovery of Sohail Qalandar: newsmen stage token walkout

Journalists on Wednesday staged a token walkout from the Senate to protest against government's indifferent attitude in recovering journalist Sohail Qalandar despite a lapse of 20 days. Sohail Qalandar went missing from Hayatabad, Peshawar, on January 2 a
Published 25 Jan, 2007 12:00am
The Weather

The Weather

The weather report on Wednesday (January 24, 2007) and the forecast for Thursday (January 25, 2007).
Published 25 Jan, 2007 12:00am
Walkout against walkout in Senate

Walkout against walkout in Senate

The opposition in Senate on Wednesday staged a walkout against denying "substantial relief to the masses after over 33 percent fall" in petroleum products prices in the international market, "despite making a commitment to the nation".
Published 25 Jan, 2007 12:00am
New York Cotton Rates

New York Cotton Rates

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

Published 25 Jan, 2007 12:00am
PCGA management restraining ginners to pay levy

PCGA management restraining ginners to pay levy

Official sources at the Textile Ministry said that the former chairman of the Pakistan Cotton Ginners Association (PCGA) had agreed with the government on tax of Rs 5 per bale of cotton, but the present leaders of the association are against it.
Published 25 Jan, 2007 12:00am
New York Cotton Rates

New York Cotton Rates

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

Published 25 Jan, 2007 12:00am
RCITs asked to penalise withholding agents

RCITs asked to penalise withholding agents

The Central Board of Revenue (CBR) has directed the Regional Commissioners of Income Tax (RCITs) to impose penalty on withholding agents not filing monthly statements and to do away with the sketchy data of taxpayers after verification of addresses from t
Published 25 Jan, 2007 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 25 Jan, 2007 12:00am
Pakistan formally joins UNFPA

Pakistan formally joins UNFPA

The UN Population Fund Assistance (UNFPA) in Pakistan for 2007 was formalised with the government partners here on Wednesday at a signing ceremony held at the Ministry of Population Welfare.
Published 25 Jan, 2007 12:00am
Balochistan quota enhanced as special case: minister

Balochistan quota enhanced as special case: minister

The Minister of State for Information and Broadcasting, Tariq Azim, said on Wednesday that employment quota for Balochistan province in the federal departments has been enhance as a special case and the detailed decision regarding the revision of the quot
Published 25 Jan, 2007 12:00am
IPI gas pricing mechanism discussed

IPI gas pricing mechanism discussed

The Working Group on Iran-Pakistan-India (IPI) gas pipeline project started discussions on the controversial gas pricing mechanism here on Wednesday.
Published 25 Jan, 2007 12:00am
PSO sell-off: defence ministry withdraws objections

PSO sell-off: defence ministry withdraws objections

It is now smooth sailing for the Privatisation Commission to complete Pakistan State Oil (PSO) sell-off by March 31, as the defence ministry has withdrawn its objections on the issue, it was learnt.
Published 25 Jan, 2007 12:00am
KPT plans to form national dredging company

KPT plans to form national dredging company

The Karachi Port Trust (KPT) is planning to form a subsidiary - National Dredging Company (NDC) - to cater for increasing demand of maintenance dredging of four ports of the country, it is reliably learnt on Wednesday.
Published 25 Jan, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 24, 2007).

Published 25 Jan, 2007 12:00am
RCITs to analyse property data in Karachi, Lahore

RCITs to analyse property data in Karachi, Lahore

In a major move to bring real estate investors into the tax net, the Regional Commissioners of Income Tax have launched a countrywide exercise to analyse the data of persons engaged in buying and selling of property in major posh areas of Karachi and Laho
Published 25 Jan, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (January 24, 2007) and for Thursday (January 25, 2007).
Published 25 Jan, 2007 12:00am
Bhinder's murderers held

Bhinder's murderers held

Police have arrested four accused involved in the murder of Additional Advocate General Punjab Arif Bhinder and others and recovered huge ammunition from their possession.
Published 25 Jan, 2007 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (January 24, 2007).

Published 25 Jan, 2007 12:00am
30 killed as US helicopters strike high-rises in Baghdad

30 killed as US helicopters strike high-rises in Baghdad

US helicopters attacked gunmen holed up inside high-rise buildings in Baghdad on Wednesday in what the US military said was an operation to regain control of a major street cutting through the heart of the city.
Published 25 Jan, 2007 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, January 25, 2007.

Published 25 Jan, 2007 12:00am
30 killed as US helicopters strike high-rises in Baghdad

30 killed as US helicopters strike high-rises in Baghdad

US helicopters attacked gunmen holed up inside high-rise buildings in Baghdad on Wednesday in what the US military said was an operation to regain control of a major street cutting through the heart of the city.
Published 25 Jan, 2007 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, January 25, 2007.

Published 25 Jan, 2007 12:00am
Lakson Tobacco shares public offering on February 15

Lakson Tobacco shares public offering on February 15

Philip Morris International (PMI) on Wednesday announced that it intends to commence its public tender offer for shares in Lakson Tobacco Company (Lakson Tobacco) on February 15, 2007.
Published 25 Jan, 2007 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, January 25, 2007.

Published 25 Jan, 2007 12:00am
Lakson Tobacco shares public offering on February 15

Lakson Tobacco shares public offering on February 15

Philip Morris International (PMI) on Wednesday announced that it intends to commence its public tender offer for shares in Lakson Tobacco Company (Lakson Tobacco) on February 15, 2007.
Published 25 Jan, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 24, 2007).

Published 25 Jan, 2007 12:00am
Lakson Tobacco shares public offering on February 15

Lakson Tobacco shares public offering on February 15

Philip Morris International (PMI) on Wednesday announced that it intends to commence its public tender offer for shares in Lakson Tobacco Company (Lakson Tobacco) on February 15, 2007.
Published 25 Jan, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 24, 2007).

Published 25 Jan, 2007 12:00am
Lakson Tobacco shares public offering on February 15

Lakson Tobacco shares public offering on February 15

Philip Morris International (PMI) on Wednesday announced that it intends to commence its public tender offer for shares in Lakson Tobacco Company (Lakson Tobacco) on February 15, 2007.
Published 25 Jan, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 24, 2007).

Published 25 Jan, 2007 12:00am
Abolition of all taxes from textile sector ruled out

Abolition of all taxes from textile sector ruled out

Federal Minister for Textile Mushtaq Ali Cheema has ruled out any possibility of abolishing all taxes from textile sector, however, relief package for this vital sector would be announced before budget 2007-08.
Published 25 Jan, 2007 12:00am
Abolition of all taxes from textile sector ruled out

Abolition of all taxes from textile sector ruled out

Federal Minister for Textile Mushtaq Ali Cheema has ruled out any possibility of abolishing all taxes from textile sector, however, relief package for this vital sector would be announced before budget 2007-08.
Published 25 Jan, 2007 12:00am
Abolition of all taxes from textile sector ruled out

Abolition of all taxes from textile sector ruled out

Federal Minister for Textile Mushtaq Ali Cheema has ruled out any possibility of abolishing all taxes from textile sector, however, relief package for this vital sector would be announced before budget 2007-08.
Published 25 Jan, 2007 12:00am
Government may declare transport an industry

Government may declare transport an industry

The government may declare transport as an industry enabling the transport operators to get financing from the banks. This was a unanimous demand by the transport operators'' representatives to the Minister for Industries and Production, Jehangir Khan Tar
Published 25 Jan, 2007 12:00am