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Jan 09, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-01-28
Brazil stocks slump

Brazil stocks slump

Brazil's stocks fell on Friday as markets in Sao Paulo reopened after a holiday and reacted to a second day of dips in US equities. The Bovespa index of the Sao Paulo Stock Exchange fell 0.61 percent to close at 44,412 points.
Published 28 Jan, 2007 12:00am
American credit market outlook

American credit market outlook

Ford Motor Co's debt investors are betting the company will be able to turn around its business despite posting a record loss for 2006, and the automaker's bonds may still have room to improve. Ford on Thursday posted a fourth-quarter net loss of almost $
Published 28 Jan, 2007 12:00am
American credit market outlook

American credit market outlook

Ford Motor Co's debt investors are betting the company will be able to turn around its business despite posting a record loss for 2006, and the automaker's bonds may still have room to improve. Ford on Thursday posted a fourth-quarter net loss of almost $
Published 28 Jan, 2007 12:00am
Dow, S&P dip on rate worry

Dow, S&P dip on rate worry

The Dow and the S&P 500 ended slightly lower on Friday on concerns that strong economic reports will hurt chances for an interest-rate cut. But those worries were tempered by a report that Bank of America Corp and Countrywide Financial Corp may be in earl
Published 28 Jan, 2007 12:00am
Taiwan dollar falls on oil deals

Taiwan dollar falls on oil deals

The Taiwan dollar weakened on Friday due to active US dollar purchases by oil firms and foreign fund outflows, as well as the yen's fall, though exporters' deals capped the local currency's decline. The Taiwan dollar ended at T$32.938 to the US dollar fro
Published 28 Jan, 2007 12:00am
Euro-yen off highs

Euro-yen off highs

The euro's venture into uncharted waters against the yen suffered a setback this week but its uptrend is not over yet, though there are question marks about its longer-term sustainability.
Published 28 Jan, 2007 12:00am
Dollar lifted by US data

Dollar lifted by US data

The dollar advanced broadly on Friday, as generally robust data from the US housing and manufacturing sectors provided further evidence the economy is more resilient than many initially thought. That should reinforce the view the Federal Reserve may hold
Published 28 Jan, 2007 12:00am
Canadian dollar follows oil higher

Canadian dollar follows oil higher

The Canadian dollar rose versus the US dollar on Friday as higher oil prices dictated direction for the commodity-linked currency in the absence of domestic economic data to sway sentiment.
Published 28 Jan, 2007 12:00am
IMM speculators yen shorts

IMM speculators yen shorts

Speculators amassed the largest position against the yen ever and built up record bets on sterling in the latest week as hunger for yield continued to be the driving force in the foreign exchange market, data showed on Friday.
Published 28 Jan, 2007 12:00am
Forex market views and key levels

Forex market views and key levels

Following is a selection of comments from analysts on important technical developments in the foreign exchange markets:
Published 28 Jan, 2007 12:00am
Singapore reach Asean final

Singapore reach Asean final

Defending champions Singapore booked their place in the final of the Asean championships on Saturday after beating Malaysia 5-4 on penalties in the second leg semi-final.
Published 28 Jan, 2007 12:00am
Peshawar to host Pak-Singapore football match

Peshawar to host Pak-Singapore football match

An important football match of qualifying round for Beijing Olympics would be played between Pakistan and Singapore here at Qayyum Football Stadium of Peshawar Sports Complex on February 14. Arrangements in this connection are in full swing to make it a s
Published 28 Jan, 2007 12:00am
Five changes in Pakistan squad for ODI series

Five changes in Pakistan squad for ODI series

Pakistan Cricket Board (PCB) has announced to include Shabbir Ahmed, Abdul Razzaq, Shahid Afridi, Abdul Rehman and Imran Nazir in the Pakistani squad for one-day series against South Africa. Sources in PCB said here on Saturday that five players namely Fa
Published 28 Jan, 2007 12:00am
West Indies beat India

West Indies beat India

The West Indies beat India by three wickets in the third one-day international on Saturday to keep the four-match series alive 2-1. West Indies made 270 for seven in 43.4 overs. Earlier, opening batsman Robin Uthappa smashed 70 off just 41 balls before In
Published 28 Jan, 2007 12:00am
Bryan brothers retain Australian Open title

Bryan brothers retain Australian Open title

American brothers Mike and Bob Bryan retained their Australian Open men's doubles title on Saturday with a 7-5 7-5 victory over Jonas Bjorkman and Max Mirnyi.
Published 28 Jan, 2007 12:00am
Unstoppable Serena shatters Sharapova

Unstoppable Serena shatters Sharapova

Never one to do things by the book, Serena Williams dramatically tore up the script on Saturday to bring top seed Maria Sharapova to her knees and capture a third Australian Open crown. Comeback queen Williams demonstrated that she still belonged among th
Published 28 Jan, 2007 12:00am
Kaneria strikes to keep Pakistan hopes alive

Kaneria strikes to keep Pakistan hopes alive

Leg spinner Danish Kaneria struck twice before the close to keep alive Pakistan's hopes of winning the deciding and third Test against South Africa on Saturday.
Published 28 Jan, 2007 12:00am
Bush says 'I'm the decision-maker' on Iraq

Bush says 'I'm the decision-maker' on Iraq

President George W. Bush rebuffed congressional criticism of his Iraq plan on Friday by insisting "I'm the decision-maker" and warned Iranians would be stopped if they attacked US or Iraqi forces inside Iraq.
Published 28 Jan, 2007 12:00am
One killed in fresh Nepal clashes

One killed in fresh Nepal clashes

One person was killed and many wounded on Saturday when police opened fire at protesters in south-east Nepal, taking to six the number of people killed in protests by ethnic Madhesi people, an official said.
Published 28 Jan, 2007 12:00am
New UN chief first to publicly disclose finances

New UN chief first to publicly disclose finances

New United Nations chief Ban Ki-moon and his wife have assets valued at $1.2 million to $2.5 million, he said on Friday in the first financial disclosure made public by a UN secretary-general.
Published 28 Jan, 2007 12:00am
China and Japan agree to better ties

China and Japan agree to better ties

China and Japan vowed on Saturday to improve relations ahead of a visit by Chinese premier Wen Jiabao to Japan in April. The agreement was the conclusion to a three-day dialogue between the two countries, the latest in a round of talks aimed at mending fe
Published 28 Jan, 2007 12:00am
11 girls dead in Indian school collapse

11 girls dead in Indian school collapse

Rescue teams on Saturday ended their search through the rubble of a school residence in the western Indian state of Gujarat, which collapsed killing 11 girls and injuring over a dozen, officials said.
Published 28 Jan, 2007 12:00am
Russia queries US military role in Middle East

Russia queries US military role in Middle East

Russia expects the United States to explain its growing military presence in the Middle East when the countries next meet to discuss the region, Russian Foreign Minister Sergei Lavrov told Russian news agencies on Saturday. "I have seen no change in Washi
Published 28 Jan, 2007 12:00am
Blair calls for wider UN Security Council

Blair calls for wider UN Security Council

British Prime Minister Tony Blair called on Saturday for the United Nations Security Council to include Germany, Japan, Brazil and India as well as African and Muslim nations for it to be effective.
Published 28 Jan, 2007 12:00am
Clean cotton programme in progress

Clean cotton programme in progress

The Clean Cotton Programme for the Cotton Season 2006-07 launched by the Ministry of Textile Industry in collaboration with PCGA, Aptma, Punjab and Sindh Governments is in progress.
Published 28 Jan, 2007 12:00am
Cheema for early construction of new dams

Cheema for early construction of new dams

Federal Minister for Textile Industry, Chaudhary Mushtaq Ali Cheema has said that government is fully aware of electricity outage and the water vision of President General Pervez Musharraf is the only long term solution at this issue.
Published 28 Jan, 2007 12:00am
AIDS conference on February 17

AIDS conference on February 17

An "AIDS Conference" will be held under the auspices of Department of Microbiology, Shah Abdul Latif University (SALU) Khairpur, on February 17. Karachi University's Vice Chancellor (VC) Dr Pirzada Qasim Raza Siddiqui will be the chief guest at the confer
Published 28 Jan, 2007 12:00am
Youth Parliament's inputs on draft policy sought

Youth Parliament's inputs on draft policy sought

The newly constituted 60 member non-governmental 'Youth Parliament Pakistan' has demanded of the government to seek Youth Parliament's input on the draft youth policy which is pending with federal cabinet for its approval.
Published 28 Jan, 2007 12:00am
20,000 copies of Holy Quran donated to Kyrgyztan

20,000 copies of Holy Quran donated to Kyrgyztan

As many as 20,000 copies of Holy Quran in the Kyrgyz language have been donated to Kyrgyz Republic by Ministry of Religious Affairs. The copies of the Holy Quran worth $70,000 were handed over through Embassy of Pakistan, Bishkek, official sources said on
Published 28 Jan, 2007 12:00am
'Efforts on to reconstruct, restore old glories of Hyderabad'

'Efforts on to reconstruct, restore old glories of Hyderabad'

The Zila Naib Nazim Hyderabad Zaffar Rajput has said that district government Hyderabad was investing billions of rupees for re-construction and restoration of old glories of Hyderabad and to convert it into a modest district of the country. This he said
Published 28 Jan, 2007 12:00am
Durrani and Elahi discuss political situation

Durrani and Elahi discuss political situation

Federal Minister for Information and Broadcasting Muhammad Ali Durrani and Punjab Chief Minister Chaudhry Pervaiz Elahi discussed the country's political situation as well as President Pervez Musharraf's recent visit to Middle East countries at the Chief
Published 28 Jan, 2007 12:00am
Artistes, literati join call for recovery of journalist

Artistes, literati join call for recovery of journalist

The artistes of NWFP and literati joined on Saturday the call made by the journalist community for the safe recovery of Daily Express Resident Editor Sohail Qalander and his friend Niaz Mohammad.
Published 28 Jan, 2007 12:00am
Pakistan-Poland cooperation in pharmaceutical field

Pakistan-Poland cooperation in pharmaceutical field

Poland can be a big pharmaceutical market for Pakistani products besides the potential to export Polish pharmaceuticals to Pakistani market. The two countries can develop commercial co-operation in pharmaceuticals, drug herbs and establish joint ventures,
Published 28 Jan, 2007 12:00am
Investor, 81, presses on with German geothermal project

Investor, 81, presses on with German geothermal project

An ambitious project near Berlin to tap the heat at the interior of the Earth is being led by an 81-year-old businessman who says he can scarcely wait for superheated water to come flowing out of a well bored 4 kilometres deep.
Published 28 Jan, 2007 12:00am
Islamic banking in the United Kingdom-I

Islamic banking in the United Kingdom-I

Shariah Compliant Liquidity Management: Initially the major Islamic finance activity involved wholesale operations, with banks in London providing overnight deposit facilities for the newly established Islamic banks in the Gulf.
Published 28 Jan, 2007 12:00am
Another landmark FTO verdict

Another landmark FTO verdict

The Federal Tax Ombudsman, Justice Munir A Sheikh, has put to an end the controversy over the jurisdiction of Karachi Port Trust, which arose from the 'delay and detention certificate' issued by the Customs Department. This has reference to his ruling tha
Published 28 Jan, 2007 12:00am
Round-the-clock cargo clearance

Round-the-clock cargo clearance

The Central Board of Revenue (CBR) has decided to launch from February 1, 2007 a 24-hour cargo clearance service at all airports and seaports of the country. According to a Recorder Report, the new cargo service will not only save time but will als
Published 28 Jan, 2007 12:00am
District council meets

District council meets

District Council Lahore in its meeting held here on Saturday accorded approval for declaring one each city of the US, Poland, Portugal and Belgrade as twin cities of Lahore.
Published 28 Jan, 2007 12:00am
UVAS syndicate meeting held

UVAS syndicate meeting held

The Syndicate of the University of Veterinary and Animal Sciences Lahore in a meeting chaired by vice-chancellor Professor Dr Manzoor Ahamd approved the appointment of three each UVAS professors and experts from other sister institutions as members of the
Published 28 Jan, 2007 12:00am
Sindh government designing security system for Karachi

Sindh government designing security system for Karachi

The government of Sindh is working on a project for designing and implementing an Integrated Comprehensive Security System for the designated high security zone (HSZ) of Karachi City.
Published 28 Jan, 2007 12:00am
APHC asks India to change 'attitude' on Kashmir

APHC asks India to change 'attitude' on Kashmir

All Parties Hurriyat Conference (APHC) has called upon India to bring change in its attitude vis-à-vis resolution of Kashmir problem. Mirwaiz Umer Farooq, Chairman APHC told newsmen, here on Saturday that Pakistan by holding consultation with APHC leaders
Published 28 Jan, 2007 12:00am
Foolproof security arrangements chalked out

Foolproof security arrangements chalked out

Punjab Chief Minister Chaudhry Pervaiz Elahi here on Saturday meeting a Shia delegation led by Allama Hussain Akbar stated that provincial government had made foolproof arrangements during sacred month of Muharram-ul-Haram.
Published 28 Jan, 2007 12:00am
Institutions asked to remove mobile phone jammers by January 31

Institutions asked to remove mobile phone jammers by January 31

Pakistan Telecommunication Authority (PTA) has asked different institutions to offload mobile phone jammers by January 31. All cellular companies contended that these were hampering the quality of service, Business Recorder learnt on Saturday.
Published 28 Jan, 2007 12:00am
Over Rs 71 million for roads construction

Over Rs 71 million for roads construction

North West Frontier Province (NWFP) Chief Minister Akram Khan Durrani has approved Rs 71.155 million for the construction of 10 km roads and a suspension bridge in Vally Konish of district Mansehra.
Published 28 Jan, 2007 12:00am
Minister tasked to evolve consensus on new name for NWFP

Minister tasked to evolve consensus on new name for NWFP

The government of NWFP on Saturday tasked the Provincial Minister for Law and Parliamentary Affairs, Malik Zafar Azam to examine constitutional jurisdiction of provincial government and evolve consensus on the new name for the province after consultation
Published 28 Jan, 2007 12:00am
Rawalpindi District Assembly: minority member suspended

Rawalpindi District Assembly: minority member suspended

District Assembly of Rawalpindi on Saturday witnessed an uproar when Convener of the Assembly Muhammad Afzal Khokhar announced suspension of a minority member Jibran Gill for his unique mode of protest.
Published 28 Jan, 2007 12:00am
E-electoral rolls soon: ECP

E-electoral rolls soon: ECP

Election Commission of Pakistan (ECP) will be displaying computerised electoral rolls in near future for seeking amendments and objections. Secretary Election Commission Kanwar Muhammad Dilshad on Saturday said data entry process for the computerised elec
Published 28 Jan, 2007 12:00am
Envoys to Cambodia and Ukraine appointed

Envoys to Cambodia and Ukraine appointed

The government of Pakistan on Saturday announced the appointment of Major General Ghazanfar Ali Khan (Retd) as Ambassador to Ukraine. According to a press release issued by the Ministry of Foreign Affairs.
Published 28 Jan, 2007 12:00am
Body set up to review moon-sighting process

Body set up to review moon-sighting process

The government has set up a committee to review the process of moon sighting in the country. The committee comprises Ulema from all schools of thought, all provincial ministers for religious affairs, representatives of Suparco, meteorological department a
Published 28 Jan, 2007 12:00am
NAB closes probe

NAB closes probe

National Accountability Bureau (NAB) has closed an inquiry against Anita Ghulam Ali, a former minister and managing director Sindh Education Foundation and others.
Published 28 Jan, 2007 12:00am
Special judge ATC-II terminated

Special judge ATC-II terminated

In exercise of the power conferred by the Anti Terrorism Act, 1997 delegated by the federal government and after consultation with Chief Justice Sindh High Court, the government of Sindh has terminated the services of Feroze Mehmood Bhatti, Special Judge
Published 28 Jan, 2007 12:00am
Transfers and postings in LHC

Transfers and postings in LHC

The Chief Justice of the Lahore High Court (LHC) has made transfers and postings among 23 additional district and sessions judges (AD&SJ). According to a notification, AD&SJ Shahid Rafiq Sheikh has been transferred from Sialkot to Khanewal, Jandar Khan Ba
Published 28 Jan, 2007 12:00am
Administrative secretaries told to hold open courts

Administrative secretaries told to hold open courts

The Chief Secretary Punjab Suleman Siddique has directed all the administrative secretaries to hold open courts to provide immediate relief to the aggrieved people. He was speaking at his median open court at Punjab Civil Secretariat on Saturday.
Published 28 Jan, 2007 12:00am
Use of loudspeakers banned

Use of loudspeakers banned

District Magistrate Capital Territory, Islamabad Chaudhry Muhammad Ali has issued Orders prohibiting the use of loudspeakers and cassette players for making all kinds of sectarian related speeches.
Published 28 Jan, 2007 12:00am
Supreme Court focuses on restoring public confidence: Chief Justice

Supreme Court focuses on restoring public confidence: Chief Justice

Chief Justice Iftikhar Muhammad Chaudhry has said that the superior judiciary has focused on restoring public confidence in its capacity to act as the guardian of human rights and custodian of the citizens' honour, property and safety.
Published 28 Jan, 2007 12:00am
Senate session requisitioned

Senate session requisitioned

Combined opposition has got signed a requisition for Senate session to be filed next week to debate 'massive irregularities' in Pakistan International Airlines. The requisition will be filed with the Senate Secretariat after 10 Muharram.
Published 28 Jan, 2007 12:00am
Sales tax refunds still pending

Sales tax refunds still pending

The Towel Manufacturers Association of Pakistan (TMA) has complained that sales tax refunds amounting to over Rs 205 million are still pending. Muzammil Husain, Chairman, PMA in a statement to the press issued here on Saturday.
Published 28 Jan, 2007 12:00am
Sales tax refunds still pending

Sales tax refunds still pending

The Towel Manufacturers Association of Pakistan (TMA) has complained that sales tax refunds amounting to over Rs 205 million are still pending. Muzammil Husain, Chairman, PMA in a statement to the press issued here on Saturday.
Published 28 Jan, 2007 12:00am
Sports centre to be established in Sialkot

Sports centre to be established in Sialkot

The Sports Industries Development Centre (SIDC) costing more than Rs 270 million would be established shortly in Sialkot. The land for the proposed SIDC had been purchased at a cost of Rs 40 million on Sialkot-Daska road revealed Chairman Board of Sports
Published 28 Jan, 2007 12:00am
Sanitary worker killed

Sanitary worker killed

A sanitary worker was killed in an expulsion of shell in Badiana of Pasrur Tehsil of Sialkot on Saturday. According to police sources sanitary worker Ashiq Masih along with his two others found a very old rusty shell from the fields which they took it wit
Published 28 Jan, 2007 12:00am
MoU to promote educational activities finalised

MoU to promote educational activities finalised

A meeting was held here under the chairmanship of District Co-ordination Officer (DCO) Sukkur, Shafique Ahmed Khoso to deliberate on the memorandum of understanding (MoU) concluded by the District Government and National Commission for Human Development (
Published 28 Jan, 2007 12:00am
'China aims to double trade with Pakistan'

'China aims to double trade with Pakistan'

"China considers Pakistan's interest and benefits very close to its heart and is committed to making Pakistan strong and prosperous. There is lot of potential in Pakistan and it is our aim to double bilateral trade on a fast track and therefore it is impe
Published 28 Jan, 2007 12:00am
SBC condemns disappearance of 120 people

SBC condemns disappearance of 120 people

The Human Rights Committee of the Sindh Bar Council (SBC) has condemned the disappearance of 120 at the hands of intelligence personnel, killing of 30 and injuries to more than 100 advocates during 2006 and demanded the recovery of the disappeared people
Published 28 Jan, 2007 12:00am
LHCBA wants transfer of power to public representatives

LHCBA wants transfer of power to public representatives

The Lahore High Court Bar Association (LHCBA) has asked the government to hold fair, free and impartial elections to ensure establishment of a true democratic and representative government of people of Pakistan.
Published 28 Jan, 2007 12:00am
Fire incidents: Site industrial area remains worst affected

Fire incidents: Site industrial area remains worst affected

Approximately 50 percent of all major fire incidents reported within Karachi occur in Site Industrial area. This was said in a report of Site Association of Industry (SAI). The report noted that this happen because most of the local industries do not pay
Published 28 Jan, 2007 12:00am
Amjad nominated FCCPI finance body chief

Amjad nominated FCCPI finance body chief

Federation of Pakistan Chamber of Commerce and Industries (FPCCI) president has nominated Sheikh Amjad Rashid as chairman, standing committee on banking credit and finance of FCCPI for the year 2007.
Published 28 Jan, 2007 12:00am
Women chamber plans workshops

Women chamber plans workshops

The newly established Women Chambers of Commerce and Industry (WCCI) has thanked President Pervez Musharraf and Federal Commerce Minister Humayun Akhtar for enacting law on the creation of separate chambers for women.
Published 28 Jan, 2007 12:00am
Hesco officials asked to accelerate recovery drive

Hesco officials asked to accelerate recovery drive

All operational circles, divisions and sub-divisions of Hyderabad Electric Supply Company (Hesco) have been asked to carry out a massive recovery campaign from power consumers of their respective areas.
Published 28 Jan, 2007 12:00am
WSI's bid for consultative status with UN rejected

WSI's bid for consultative status with UN rejected

A United Nations panel has rejected the application of World Sindhi Institute (WSI), a US-based non-governmental organisation (NGO), for consultative status with the UN Economic and Social Council (Ecosoc) on the ground that the organisation was "working
Published 28 Jan, 2007 12:00am
USA Journal honours Dr Atta

USA Journal honours Dr Atta

An online International Journal for Organic Chemistry, Arkat USA has brought out a special commemorative issue in recognition of Dr Atta-ur-Rahman, Chairman Higher Education Commission. It is for the first time that a Special issue of an international jou
Published 28 Jan, 2007 12:00am
51,186 cusecs water released from reservoirs

51,186 cusecs water released from reservoirs

Indus River System Authority (Irsa) on Saturday released 51,186 cusecs water from various rim stations. According to Irsa, an overall water inflow from various reservoirs recorded on Saturday was at 45,777 cusec.
Published 28 Jan, 2007 12:00am
Government support sought to surpass export target

Government support sought to surpass export target

President Sialkot Chamber of Commerce and Industry (SCCI) Sheikh Abdul Waheed Sandal has said that local exporters were fully committed to achieve the export target set by the government.
Published 28 Jan, 2007 12:00am
CDGK plans to construct, improve eight more roads

CDGK plans to construct, improve eight more roads

City District Government Karachi (CDGK) plans to construct and improve eight new roads in the metropolis at the cost of Rs 143.8 million with a view to resolve increasing traffic problems.
Published 28 Jan, 2007 12:00am
Foggy weather condition prevails in Lahore

Foggy weather condition prevails in Lahore

The provincial metropolis remained in the grip of foggy weather conditions with local met office forecast dry weather with fog in the morning during the next 24 hours. Minimum temperature in the city was recorded at 8.0 Celsius and humidity 94-percent in
Published 28 Jan, 2007 12:00am
Three-day emergency declared in hospitals

Three-day emergency declared in hospitals

Sindh health department has declared an emergency for three days in all provincial and district hospitals. In a notification the provincial government has declared the emergency from January 28 to 30 in all provincial and district hospitals.
Published 28 Jan, 2007 12:00am
TDAP and HSBC to join hands on trade uplift issues

TDAP and HSBC to join hands on trade uplift issues

Foreign banks, through comparative competitiveness studies in the region of exporting countries like China, Singapore, Sri Lanka, Bangladesh, Vietnam and Cambodia, should consider rendering an even playing field for trade development, as the developing ec
Published 28 Jan, 2007 12:00am
Tariq elected vice-chairman PBC

Tariq elected vice-chairman PBC

Tariq Majeed Warriach has been elected Vice-Chairman Punjab Bar Council (PBC) after defeating his rival candidate Arshad Warriach. For chairman executive committee PBC Arbab Ali Shah was declared winner. Both the candidates were supported by Hamid Khan an
Published 28 Jan, 2007 12:00am
Architect asked to present final design of FPCCI office

Architect asked to present final design of FPCCI office

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) committee on the capital office building has made certain amendments and asked the Zaheer Associates, an architect designer, to present the final design in couple of weeks for the consid
Published 28 Jan, 2007 12:00am
Car import policy affecting local industry: former FPCCI chief

Car import policy affecting local industry: former FPCCI chief

The liberal import of reconditioned cars has put the local industry in trouble and forcing the supporting industry to fall during the last one and half years. Former FPCCI president and Businessmen Panel co-chairman, Iftikhar Ali Malik is critical to the
Published 28 Jan, 2007 12:00am
Karachi accepts challenges of globalisation: Kamal

Karachi accepts challenges of globalisation: Kamal

City Nazim Syed Mustafa Kamal has said the citizens of Karachi have accepted the challenges of globalisation and also are fully co-operating with the government in the way of development. President Pervez Musharraf, Prime Minister Shaukat Aziz and Founder
Published 28 Jan, 2007 12:00am
Sindh Cabinet meeting on February 1

Sindh Cabinet meeting on February 1

Sindh Cabinet will meet here on February 1 under the Chairmanship of Chief Minister Dr Arbab Ghulam Rahim, it was officially stated here on Saturday.
Published 28 Jan, 2007 12:00am
Indus Motor's clarification

Indus Motor's clarification

Indus Motor Company stated in response to certain reports in some sections of the press where its director Corporate Planning & Customer Relations, Shah Saad Husain, has been misquoted.
Published 28 Jan, 2007 12:00am
Efforts on to promote education: Arbab

Efforts on to promote education: Arbab

Sindh Government is taking steps on priority basis for the enhancement of literacy rate in the province. The Sindh Chief Minister Dr Arbab Ghulam Rahim stated this here on Saturday. He was talking to a group of 15 students from John F Kennedy School of Ha
Published 28 Jan, 2007 12:00am
Ibad inspects Muharram arrangements

Ibad inspects Muharram arrangements

Sindh Governor Dr Ishratul Ibad Khan had a three-hour long visit to the city late on Friday night to review Muharram arrangements as well as ongoing development works in different areas.
Published 28 Jan, 2007 12:00am
Health and education facilities to be improved: Nasreen

Health and education facilities to be improved: Nasreen

City Naib Nazim Nasreen Jalil has assured all out support on part of city government for the improvement of healthcare and education facilities in the city and lauded the efforts of Ziauddin University, community of Sikanderabad and Rotary Club Karachi Ce
Published 28 Jan, 2007 12:00am
LDA directed to expedite work on housing schemes

LDA directed to expedite work on housing schemes

District Nazim Mian Amer Mahmood has directed Lahore Development Authority (LDA) officials to expedite work on developing two new housing schemes for low income groups in the city besides preparing large number of 3 Marla plots for widows, orphans and the
Published 28 Jan, 2007 12:00am
Pak-Korean firms to invest $500 million in construction sector

Pak-Korean firms to invest $500 million in construction sector

Chosun Construction of South Korea and Shafsal Limited of Pakistan will jointly invest US $500 million to develop various commercial and residential projects in Pakistan. Addressing a joint news conference at Lahore Press Club on Saturday.
Published 28 Jan, 2007 12:00am
Honourable solution to be supported: Mirwaiz

Honourable solution to be supported: Mirwaiz

All Parties Hurriyat Conference (APHC) would support all the proposals put forward by Pakistan for an honourable solution of the Kashmir issue, said Mirwaiz Umer Farooq, Chairman APHC here on Saturday.
Published 28 Jan, 2007 12:00am
Waheed Arshad new ISPR director general

Waheed Arshad new ISPR director general

Director General Inter Services Public Relations Major General Shaukat Sultan has been transferred and in his place Major General Waheed Arshad has been appointed as the DG ISPR, Aaj TV reported on Saturday.
Published 28 Jan, 2007 12:00am
Waheed Arshad new ISPR director general

Waheed Arshad new ISPR director general

Director General Inter Services Public Relations Major General Shaukat Sultan has been transferred and in his place Major General Waheed Arshad has been appointed as the DG ISPR, Aaj TV reported on Saturday.
Published 28 Jan, 2007 12:00am
WEF moot to help promote investment in Pakistan: Humayun

WEF moot to help promote investment in Pakistan: Humayun

Federal Minister for Commerce Humayun Akhtar on Saturday said the annual meeting of World Economic Forum would play an important role in promoting investment in Pakistan. Talking to newsmen the Commerce Minister said the forum was an important place where
Published 28 Jan, 2007 12:00am
WEF moot to help promote investment in Pakistan: Humayun

WEF moot to help promote investment in Pakistan: Humayun

Federal Minister for Commerce Humayun Akhtar on Saturday said the annual meeting of World Economic Forum would play an important role in promoting investment in Pakistan. Talking to newsmen the Commerce Minister said the forum was an important place where
Published 28 Jan, 2007 12:00am
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