The general trend in both the open and the interbank markets was firm as the rupee retained its firmness against the dollar during the week, ended March 3.
Sixteen Afghan civilians were killed after a "complex" Taliban ambush on a US convoy involving a suicide car-bomb attack and militant gunfire, the US military in Afghanistan said on Sunday. Afghan authorities said that 10 civilians were killed and more th
Sixteen Afghan civilians were killed after a "complex" Taliban ambush on a US convoy involving a suicide car-bomb attack and militant gunfire, the US military in Afghanistan said on Sunday. Afghan authorities said that 10 civilians were killed and more th
Prime Minister Shaukat Aziz on Sunday asked people to follow teachings of Shah Abdul Latif Bhitai, great mystic poet as his poetry is rich of message for peace, love, brotherhood and tolerance.
Prime Minister Shaukat Aziz has asked Sindh government to keep up its efforts to further improve law and order situation in the province which has started to show encouraging trends.
Police has arrested a suspected militant wanted for the high-profile murders of religious leaders, officials said on Sunday. Ammar Raza Naqvi was arrested from Malir district on Sunday as police seized a Kalashnikov rifle and two hand grenades from him du
Police has arrested a suspected militant wanted for the high-profile murders of religious leaders, officials said on Sunday. Ammar Raza Naqvi was arrested from Malir district on Sunday as police seized a Kalashnikov rifle and two hand grenades from him du
Two hair salons and a music shop were targeted by blasts in tribal area, where pro-Taliban militants have warned barbers not to shave off beards, officials said Sunday.
Two hair salons and a music shop were targeted by blasts in tribal area, where pro-Taliban militants have warned barbers not to shave off beards, officials said Sunday.
The United Arab Emirates said on Sunday it would introduce a standard contract for domestic workers and their employers, including salaries, holidays and working conditions, from April 1.
The Arab League (AL) said on Sunday the United Nations Security Council should set a timetable for the withdrawal of all foreign troops from Iraq. Arab League Secretary-General Amr Moussa listed what the Cairo-based organisation believed were the key issu
The Arab League (AL) said on Sunday the United Nations Security Council should set a timetable for the withdrawal of all foreign troops from Iraq. Arab League Secretary-General Amr Moussa listed what the Cairo-based organisation believed were the key issu
Bangladesh Nobel laureate Professor Muhammad Yunus has said that the Pakistan government has done a lot of things in micro-finance sector for poverty alleviation and uplift of the poor. In a program ''A conversation with Professor Yunus'' held here, he sa
Bangladesh Nobel laureate Professor Muhammad Yunus has said that the Pakistan government has done a lot of things in micro-finance sector for poverty alleviation and uplift of the poor. In a program 'A conversation with Professor Yunus' held here, he said
Bangladesh Nobel laureate Professor Muhammad Yunus has said that the Pakistan government has done a lot of things in micro-finance sector for poverty alleviation and uplift of the poor. In a program 'A conversation with Professor Yunus' held here, he said
The Ministry of Labour, Manpower and Overseas Pakistanis is holding a two-day ''Overseas Pakistanis Investment Conference'' here from Monday. The main objective is provide a platform to overseas Pakistanis to interact with the private sector and policy ma
The Ministry of Labour, Manpower and Overseas Pakistanis is holding a two-day 'Overseas Pakistanis Investment Conference' here from Monday. The main objective is provide a platform to overseas Pakistanis to interact with the private sector and policy make
The Ministry of Labour, Manpower and Overseas Pakistanis is holding a two-day 'Overseas Pakistanis Investment Conference' here from Monday. The main objective is provide a platform to overseas Pakistanis to interact with the private sector and policy make
The leaders of regional heavyweights, Iran and Saudi Arabia, agreed at talks in Riyadh to fight the growing Sunni-Shia strife, warning that it was the greatest danger facing the region. Iranian President Mahmoud Ahmadinejad said he and Saudi King Abdullah
The leaders of regional heavyweights, Iran and Saudi Arabia, agreed at talks in Riyadh to fight the growing Sunni-Shia strife, warning that it was the greatest danger facing the region. Iranian President Mahmoud Ahmadinejad said he and Saudi King Abdullah
Former MPA of PPP from Rahim Yar Khan, Malik Saeed Manzar has joined Pakistan Muslim League. Malik Saeed announced his joining at a meeting with Chief Minister Punjab, Chaudhry Pervaiz Elahi at Islamabad on Sunday, says a handout issued here.
China's defence budget will soar by a massive 17.8 percent in 2007, a senior official announced Sunday, as the United States said it wanted to know more about the Asian giant's intentions.
Dawood Money Market Fund (DMMF) was established under a Trust Deed, dated April 8, 2003 between Dawood Capital Management Limited (DCML) as a Management Company incorporated under the Companies Ordinance, 1984 and Bank Al-Habib Limited, as Trustee.
Dawood Money Market Fund (DMMF) was established under a Trust Deed, dated April 8, 2003 between Dawood Capital Management Limited (DCML) as a Management Company incorporated under the Companies Ordinance, 1984 and Bank Al-Habib Limited, as Trustee.
Corporate Planning (CP) at PSO is identified with the world-acclaimed corporate transformation of the oil giant, which is regarded as one of the most radical corporate renewal experiences in Pakistan. Today, PSO has a robust framework of the state-of-the-
Throughout the three decades of its existence, Pakistan State Oil has been one of the largest and most profitable companies of the country. It has time and again proved to be a trend-setter in a very dynamic industry. The story of PSO's Information System
PSO has been meeting the country's fuel and lube needs by merging sound business sense with national obligation. In order to satisfy customer needs while ensuring the highest quality of products, PSO has established Quality Assurance Department which comp
Ensuring health and safety of PSO employees, contractors, customers and other stakeholders, prone to adverse impact by our operations, is one of the basic corporate objectives and, as a priority, it ranks equally with market share and profit.
In recent years, a growing body of research indicates that spending in human performance areas - training, knowledge management, performance management and advanced human resources practices - translates into bottom-line growth. Pakistan State Oil, like m
PSO has completed more than 1,450 New Vision Retail Outlets (NVROs) in the past seven years - an industrial record and a milestone. The company has achieved a number greater than the total retail outlets (New as well as Old Vision) of any other oil market
The Brand Management & Communication function is a relatively new phenomenon at PSO. The department was initiated just six years ago. The department's core focus area was to initiate and establish a branding philosophy within the erstwhile supply-driven o
Being the flagship entity of the nation, PSO places significant emphasis on its corporate social responsibility. The company aspires to make our society, a better place to live in and firmly believes in contributing to the community in which it operates.
Pakistan State Oil has been putting great emphasis on the importance of gaseous fuels as primary determinant of energy spectrum of the country. With its futuristic outlook, the company recently restructured its Gas Business and brought it under one roof w
Pakistan State Oil has been a pioneer in taking technology-driven initiatives. The company has been relentlessly pursuing to capitalise on technological advancement by heavily investing into innovative products and solutions such as Cards, Retail Automati
Traditionally, due to the high demand of two products, ie. High Speed Diesel (HSD) and Furnace Oil (FO), there has been a supply deficit in the country. Due to this, these products have to be imported, majority of which is done through the Middle Eastern
Yet another segment in which Pakistan State Oil enjoys market leadership is petrochemicals. The company is engaged in trading of various chemical products for the past more than three decades. These petrochemicals are organic chemicals manufactured from p
Industrial Consumer Department (IC) caters to POL requirements of a wide spectrum of customers comprising various industrial units, strategic clients, government accounts and power projects.
The Training and Organisation Development Department has been active right from its inception in the year 2000 in maintaining a close contact with the employees. Training plans are made annually and are broken into quarters for quick review and implemente
Traditionally, logistics is perceived as a system that just involves physical movement of goods. In reality, it is much more and plays a pivotal role in case of gigantic companies like PSO, holding around 68% POL market share.
Operations Department, the largest department of the company, handling huge infrastructure of storage facilities in the country from Karachi to Chitral and Gilgit, is the custodian of nine Installations and 26 depots with a storage capacity exceeding 850,
PSO, being an organisation committed to providing value-added services to its customers, has a host of facilities at its stations. PSO offers customers convenience with a quality offer that spans Convenience Stores, Business Centers, internet facilities,
Since the inception of PSO, Aviation and Marine (A&M) Department has played an important role by not only making significant contribution to the success of the company but also through adding value to the industry by introducing high standards of service
If we look back, it would not be much difficult even for a superficial observer to realise that PSO has come a long way, from an unfocused entity to a real pathfinder. This transformation from orthodox bureaucratic style of management to a more progressiv
PSO is one of the few Pakistani firms that can share its experience and information with global players in the realms of business, technology, and politics through the World Economic Forum (WEF), an independent international organisation that integrates b
The oil giant called Pakistan State Oil started its journey in the year 1976 when three corporate entities - Esso, National Oils Limited (PNOL) and Premier Oil Company Limited (POCL) - were merged together by the Government of Pakistan to create an indust
Islamabad Traffic Police (ITP) will take stern action to curb racing by motorists and motorcyclists, who play dangerous stunts on various roads of the city, the Senior Superintendent of Police (Traffic) Dr Sultan Azam Temuri told APP on Sunday.
Qatar's foreign minister is to visit France this week to look at buying into the European Aeronautics Defence and Space Company (EADS) which produces the Airbus, a French deputy minister said.
Former world record holder Kosuke Kitajima's final preparation for the world championships ended with two national records in the Japan Open short course swimming championships on Sunday.
One runner was in critical condition on Sunday after tens of thousands braved steamy conditions and pollution warnings to take part in the annual Hong Kong marathon.
England striker Wayne Rooney could be in doubt for Manchester United's Champions League last 16 second leg clash with Lille at Old Trafford on Wednesday after injuring his knee, United manager Sir Alex Ferguson said on Sunday.
Second-seeded Australian Lleyton Hewitt will take on Austrian Jurgen Melzer in the final of the 416,000-dollar ATP tournament here after a semi-final win over Marat Safin. Hewitt capitalised on an error-strewn performance from Russian third seed Safin to
Australian paceman Glenn McGrath has urged captain Ricky Ponting to hand him the new ball as the retiring bowling great strives to taste World Cup glory for the last time, reports said here Sunday.
Johnnie Walker Classic winner Anton Haig has a goal in life - to be as good as his illustrious compatriots Ernie Els and Retief Goosen. The 20-year-old made his breakthrough with victory in a three-way play-off here Sunday, earning his first European Tour
Sachin Tendulkar warned on Sunday that Australia should not be written off as a spent force despite the defending champions arriving at the World Cup dogged by injuries and poor form.
Manchester United's strength in depth is set to be tested for the first time this season in the wake of a last-gasp win over Liverpool that has significantly shortened the odds on Sir Alex Ferguson's side reclaiming the Premiership title.
Bank Al-Falah 13th Tour-de-Pakistan International Cycle Race, organised by Pakistan Cycling Federation (PCF) in collaboration with Sui Southern Gas Company, got off to a riveting start on Sunday.
Hosts West Indies, England, South Africa and Sri Lanka will fire the opening shots in their World Cup campaigns on Monday at the start of series of warm-up matches.
Ryan Giggs believes he is on the verge of an historic ninth Premiership title with Manchester United. Giggs's team are nine points clear of second-placed Chelsea with nine games to play - though Chelsea have a game in hand - and the Wales international is
Fifteen people including five policemen were injured and 40 others arrested when anti-riot police clashed with football fans at a Serbian first division match, police said Sunday.
Former England striker Gary Lineker has called for David Beckham to return to the international fold on a short-term basis ahead of the crunch Euro 2008 qualifier against Israel on March 24.
Findings from a study of Olympic wrestlers indicate that hepatitis B virus is found in the sweat of infected individuals, and so sweating might be a way that the virus could be passed between participants in contact sports.
Hay fever suffers seem to be highly sensitive not only to typical seasonal allergy triggers like grass and tree pollens, but also to things like cold air, perfumes, cigarette smoke, household cleaning products, and even exercise.
Garlic - long touted as a wonder food for treating everything from the common cold to heart ailments - is one of the most popular dietary supplements in the world.
Diabetes is one of those diseases that are detected only after harm has been done to the body. Unless symptoms become evident and, at times obvious to be seen from a distance, a patient does not take note of it.
Vice Chancellor Dow University of Health Sciences (DUHS) Professor Masood Hameed Khan said on February 26 that 50 to 60 percent people are suffering from one or another illness in Pakistan.
The Sindh Government has shown its concern over the increasing use of substandard oil in public transport and has issued instructions to the police to carryout a crackdown on the smugglers, as well as users, of substandard oil from Iran.
Women with a taste for full-fat milk and ice cream stand a better chance of getting pregnant, while those who consume low-fat dairy foods may actually impede fertility, according to a study published on February 27.
High intakes of vitamin A apparently reduce the risk of developing gastric cancer, Swedish researchers report. Vitamin A comes pre-formed, as retinol in foods of animal origin, or in precursor form, as carotenoids in fruits and vegetables, Dr Susanna C. L
Ankle sprains seem to boost the risk of developing painful osteoarthritis in the joint, new research suggests. The finding indicates that intensive rehabilitation is needed after chronic ankle instability or strains to help ward off the degenerative joint
People with low levels of zinc in their tissues may be at increased risk for developing cancer of the esophagus, according to research reported in The Journal of the National Cancer Institute.
Inserting an artificial sphincter around the outlet of the bladder can improve the urine leakage that many elderly men experience following removal of the prostate gland for cancer and other diseases, according to a report in the journal Urology. The resu
A breath test based on coloured dots can give doctors a good fix on whether a patient has lung cancer, a study published on February 26 in the British specialist journal Thorax says.
Apple said on February 26 that it would delay the debut of its Apple TV devices until March. Apple Chief Executive Steve Jobs showed off the television-top boxes at a San Francisco press event in January and said they would be available in stores this mon
An Internet which can deliver smells, a mobile phone battery that lasts two months and micro-robot surgeons are only a decade away, according to a South Korean government report released on February 28.
An obese 26-year-old man in north-eastern China died after a "marathon" online gaming session over the Lunar New Year holiday, state media said on February 28.
The advent of computers raised concerns of environmentalists who first thought that the machines were full of chemicals. Sensing their concerns and its possible negative affects upon users, many computer companies have now started to sell "Green Machines,
The European Commission launched legal action against Germany on February 26 over a new German telecommunications law which European Union regulators fear will give Deutsche Telekom an unfair advantage over its rivals.
Almost all young Japanese say mobile phones have changed their lifestyles, with nearly one-third of them confessing to spending three hours or more a day on their mobile, a survey says.
Bringing down the costs of Internet access could set off the same wave of connectivity that has made mobile phone usage commonplace in developing countries, a United Nation-backed forum was told on February 28.
Yahoo Inc's new online search advertising system has increased the number of people who click on links that pay the Web media company money, a research firm said on February 26.
Yahoo Inc's new online search advertising system has increased the number of people who click on links that pay the Web media company money, a research firm said on February 26.
Consumer group Which? has called for banking regulations to be tightened to protect victims of online fraud. Which? Money said the Banking Code must be amended to safeguard those who lose money through online scams - a practice that has increased dramatic
Provincial Secretary Information Technology, Muhammad Yahya Waliullah has said that ability to communicate and public speaking is God gifted. "One can improve, polish, fine-tune these traits through learning, practising, copying, etc", he said while speak
Google Inc, fighting to consolidate its trademark globally, faces an obstacle in the world's second largest Web market - China's www.Gmail.cn, which is refusing to sell its Internet address to the US giant.
The dusty world of book publishing has taken a step into cyberspace as Random House and HarperCollins letting customers browse books online. Random House, whose writers include Danielle Steel and Norman Mailer, said on February 27 that it will let consume
Telecom equipment maker Ericsson said on February 27 that it had signed three-year GSM expansion contract with Indian mobile firm IDEA Cellular. Under the deal, Ericsson will provide radio access, microwave transmission and softswitch technology.
State-owned Bangladesh Telegraph and Telephone Board (BTTB) is to extend its international economy call rates to another 30 countries in a move it expects to boost revenues.
Cambodia's royal palace on February 27 condemned several websites for using King Norodom Sihamoni's name to advertise Las Vegas casinos, boat charters and hotel deals.
Internet giant Google plans to open its first Southeast Asia research and development centre in Singapore, a report said on February 27. The company chose Singapore because of its "very vibrant" info-communications and technology environment, The Straits
Telefonica O2 Slovakia said on February 28 that it had launched the first part of its GSM mobile network, with more than 200,000 connected users for the EU member's third mobile phone network.
Web company BitTorrent Inc, once scorned in Hollywood, on February 25 joined a number of providers in the nascent arena for legal downloads of movies and television shows with content from several key studios.
HSBC Holdings Plc's Chinese fund management joint venture plans to launch a third fund next month and is looking to raise more than 3 billion yuan ($387.4 million), the venture's head said on March 01.