News Archives for Print - 2007-03-25

Taliban attack Afghan police; 21 dead

Taliban fighters attacked police posts in southern and south-eastern Afghanistan overnight, sparking battles that left 16 rebels and five policemen dead, police said Saturday.

Published 25 Mar, 2007 12:00am

Three senior judges jailed in China

Authorities in China have jailed three senior judges in Shenzhen for corruption in the southern city's biggest ever graft scandal. A court convicted retired judge Liao Zhaohui and divisional court chiefs Cai Xiaoling and Zhang Tinghua of unspecified graft

Published 25 Mar, 2007 12:00am

Calls for rapid EU overhaul at anniversary summit

Supporters of closer European integration used the 50th anniversary of the EU on Saturday to press for a swift overhaul of the bloc that would prepare it for 21st century challenges such as terrorism and climate change.

Published 25 Mar, 2007 12:00am

Northern Ireland talks run into problem

Northern Ireland's biggest pro-British Protestant party met on Saturday to decide whether to work side-by-side with Catholics in governing the province, and it appeared to want an extension of a Monday deadline.

Published 25 Mar, 2007 12:00am

Six killed in Russian helicopter crash

A helicopter crash in northern Russia killed all six people aboard, an Emergencies Ministry spokesman said on Saturday regarding the latest in a series of fatal disasters to occur in Russia in recent days. Rescue teams found the remains of the helicopter,

Published 25 Mar, 2007 12:00am

UN humanitarian chief barred from Darfur camp

UN humanitarian chief John Holmes said he was barred from a camp for people displaced by the violence in western Sudan on Saturday as international pressure mounted for new UN sanctions. Holmes told Reuters a military guard at the Kassab Camp in Kutum, no

Published 25 Mar, 2007 12:00am

Blair urges US, China and India to cut greenhouse emissions

British Prime Minister Tony Blair called Saturday on the United States, China and India to cut their emissions of greenhouse gases and increase their use of sources of renewable energy.

Published 25 Mar, 2007 12:00am

UK visa refusal to Sami-ul-Haq condemned

Head of his own faction of Jamiat Ulema-e-Islam, Maulana Sami-ul-Haq has condemned the UK government's move to deny him visa for attending the All Parties Conference of Mian Nawaz Sharif in London. Addressing a news conference, along with his other party

Published 25 Mar, 2007 12:00am

Islamabad achieves edge in cruise missile technology: Mubarak

Chairman National Engineering and Scientific Commission (Nescom) Dr Samar Mubarakmand has said our scientific community is achieving milestones and now country stands high in the comity of nations.

Published 25 Mar, 2007 12:00am

Watercourse lining in Sindh picks up momentum

The lining of watercourses under National Programme for Improvement of watercourses gained full momentum in Sindh as 375 more watercourses have been completed during February 17 to March 17, 2007 in various districts of Sindh.

Published 25 Mar, 2007 12:00am

Seminar on interior designing

Mohammed Ali Jinnah University Karachi in collaboration with the institute of Ethics and Culture is organising a Seminar on Wednesday, March 28, 2007 from 3 pm on interior designing with the theme "My Sweet Home". The Seminar will highlight the latest tre

Published 25 Mar, 2007 12:00am

Pakistan Day celebrated in New York

Pakistan's green crescent-and-star was unfurled at the Pakistan house on Friday to mark the Pakistan Day as New York basked under bright sunshine. With the national anthem playing, Pakistan's UN ambassador Munir Akram raised the flag to the mast before a

Published 25 Mar, 2007 12:00am

Senate body urges quality research to meet challenges

Senate Standing Committee on Science and Technology on Saturday called for providing conducive environment to the scientists and researchers for optimum utilisation of their abilities and skills in the country for a better tomorrow.

Published 25 Mar, 2007 12:00am

'Media cooperation among friendly nations needed'

Minister of State for Information and Broadcasting Tariq Azeem Khan Saturday has said that media co-operation between friendly countries like Pakistan and China should be further strengthened to defuse the negative impacts of false, malicious and self-cen

Published 25 Mar, 2007 12:00am

Workshop on microfinance

Federal Minister for Housing and Works, Syed Safwan Ullah will inaugurate a workshop on "Micro Finance: The Poverty Reduction, Magic, Products, Process" on Monday in Islamabad. According to a press release issued here on Saturday, Ozair A Hanfi, President

Published 25 Mar, 2007 12:00am

Private sector: RCCI chief calls to create conducive atmosphere

The government should form a strategy to transfer benefits of the strong economy to masses and make sure provision of basic facilities to them, said Dr Hasan Sarosh Akram, President, Rawalpindi Chamber of Commerce and Industry (RCCI) on Saturday.

Published 25 Mar, 2007 12:00am

No sex please, we're daddy's little girls

It has all the trappings of a wedding: the proud tuxedo-clad father, the frosted white cake, the limousines and an exchange of vows. But there is no groom and the girl in the long gown is no bride. She's daddy's little girl, taking a vow of chastity.

Published 25 Mar, 2007 12:00am

Dual control of Gulistan-e-Jauhar

Gulistan-e-Jauhar (KDA Scheme-36) of Karachi, a huge area of total 20 blocks widely populated by over 1.5 million citizens both horizontally in general and vertically in particular of hundreds of high-rise buildings, is under the dual administrative contr

Published 25 Mar, 2007 12:00am

Fear, uncertainty stalk Zimbabwe capital

There was fear in the air in Harare late this week. As the leader for the opposition Movement for Democratic Change (MDC), Morgan Tsvangirai, lay badly injured in a private hospital, recovering from a police beating on Sunday, Harare residents scrambled f

Published 25 Mar, 2007 12:00am

Catholic Philippines teaching Islam in state schools

During a 2002 raid at a madrasa in a northern region of the mainly Roman Catholic Philippines, security forces found a cache of assault rifles, crude bombs and training foxholes. With a Muslim insurgency in the south, and memories of the World Trade Cente

Published 25 Mar, 2007 12:00am

The state of the rule of law in Pakistan-II

The business of life depends on a healthy life of business. A healthy life of business requires an environment conducive to its establishment, smooth running and flourishing, and protection of its income and property. It is because of this that many indic

Published 25 Mar, 2007 12:00am

Gwadar desalination plant

Inaugurating the 200,000 gallons per day desalination plant at Gwadar on Monday, Prime Minister Shaukat Aziz had more than one reason to describe it as a historic occasion, more so as it synchronised with the arrival of the first cargo ship on the eve of

Published 25 Mar, 2007 12:00am

The tuberculosis within

The World Health Organisation observed 'World Tuberculosis Day 2007' on March 24. WHO's statistics indicate a frightful presence of tuberculosis bacteria among 80 percent of Pakistan's population, with a warning that the moment the immunity of the threate

Published 25 Mar, 2007 12:00am

ROZs linked to polls?

The government has reportedly conveyed its desire to the US Assistant Secretary of State for South Asia, Richard Boucher, who visited Pakistan last week, that Islamabad wants to see the US-proposed Reconstruction Opportunity Zones (ROZs) in the tribal bel

Published 25 Mar, 2007 12:00am

Madrassa sealed

The Illahabad police have sealed Darul-Uloom Rehmania, a religious seminary, after two groups attacked each other for getting its control. The Arif group and Ilyas group opened fire at each to take control of the Madrassa. The police rushed to the spot an

Published 25 Mar, 2007 12:00am

Police Martyrs Day observed

The police martyrs day was observed here with zeal and solemnity. To pay the tribute and solidarity with the martyrs of the police, a ceremony was held at the district police-lines. Sheikhupura DIG Muhammad Anwar Virk was the chief guest while DCO Saeed A

Published 25 Mar, 2007 12:00am

Expressway on Nullah Leh: Musharraf to lay foundation stone on March 27

City District Government of Rawalpindi (CDGR) has announced on Tuesday, March 27 as public holiday City District Nazim Javed Akhlas on Saturday told reporters during his visit to Liaquat Bagh that President Pervez Musharraf would lay foundation stone of R

Published 25 Mar, 2007 12:00am

Speakers concerned over surge in cases of tuberculosis

Speakers at different functions held here on Saturday to mark the 'World Tuberculosis Day' expressed grave concern over surge in the cases of tuberculosis and called for waging a jehad against the disease to make Pakistan a TB-free country.

Published 25 Mar, 2007 12:00am

Tuberculosis Day observed

World Tuberculosis Day (TB) was observed throughout the country on Saturday. This year the theme of the day was 'TB any where is TB every where' geared towards promoting a world free from tuberculosis.

Published 25 Mar, 2007 12:00am

'Tax department staff expulsion proposal not under review'

No proposal of forced expulsion of staff in the tax department is under consideration in the Central Board of Revenue (CBR) and their services will be utilised after proper training and capacity building.

Published 25 Mar, 2007 12:00am

USAID to introduce Malaysian model forestry system

The USAID in collaboration with Malaysian government will introduce modern forestry system in NWFP on the pattern of Malaysian Model forestry system. It is pertinent to note that Malaysia is known as a model for the effective promotion and protection of f

Published 25 Mar, 2007 12:00am

Lawyers protest against CJP suspension

The lawyers' community continued its protest against the suspension of Chief Justice of Pakistan and observed token strike by not appearing before the courts from 10.30 to 11.30am. The Lahore High Court Bar Association, Lahore Bar Association and Adliya B

Published 25 Mar, 2007 12:00am

CBR official dismissed

The Central Board of Revenue (CBR) has dismissed from service Shaukat Ali Bhatti, a BS-20 officer of customs and excise group on charges of corruption.

Published 25 Mar, 2007 12:00am

Supply of clean water, diseases' eradication top priority: minister

Supply of clean drinking water, eradication of diseases like polio and hepatitis and ensuring effective medical facilities to mother and child are the top priorities of the government and more resources will be allocated for health sector in the budget 20

Published 25 Mar, 2007 12:00am

Upgradation of hospitals in 22 NWFP districts in full swing

NWFP Minister for Auqaf Amanullah Haqqani has said that the present government was giving top priority to the promotion of health sector and that is why a record increase has been made in the developmental budget of health to provide better facilities to

Published 25 Mar, 2007 12:00am

National Assembly body discusses setting up DE office Buner

Standing Committee of the National Assembly on Government Assurances on Saturday discussed implementation of the assurances given by the Federal Minister for Information Technology and Telecommunication on the floor of the House regarding setting up of th

Published 25 Mar, 2007 12:00am

Rs 294.61 million approved for irrigation projects in Sindh

The federal government has approved Rs 294.61 million for three projects in Tharparkar, Umerkot, Mithi districts to ensure sustainable supply of irrigation water to remote areas. According to official documents, the first project, which will cost Rs 185.0

Published 25 Mar, 2007 12:00am

Audit of sales tax and income tax starts on March 26

The Central Board of Revenue (CBR) has announced to commence audit of sales tax and income tax from Monday. The system is ready, selection criteria has been evolved and the system will be in place on Monday initially from Lahore LTU.

Published 25 Mar, 2007 12:00am

HEC team to visit Punjab University on March 29

Advisor of Human Resource and Development for Higher Education Commission Islamabad Dr S. Masud Raza and Project Director Sajid Hussain Shah will visit Punjab University on March 29, 2007 and will call on Vice-chancellor Lieutenant General Arshad Mahmood

Published 25 Mar, 2007 12:00am

Torture on lawyers: proceedings adjourned till March 26

Enquiry Commission headed by Justice Syed Zahid Hussain of Lahore High Court (LHC), constituted to fix the responsibility of police torture on the peaceful protesting lawyers and common citizens has adjourned the proceedings till March 26 and directed all

Published 25 Mar, 2007 12:00am

ARD public meeting on March 26

The Alliance for Restoration of Democracy (ARD) has decided to hold a peaceful public meeting showing unison with lawyer's recent struggle from Neela Gunbad to Lahore High Court premises on March 26. The decision to this effect, was revealed by Makhdoom S

Published 25 Mar, 2007 12:00am

Balloting of Bahria Town held

Balloting of Bahria Town Rawalpindi Phase IX was held on 23rd March 2007. A large number of people from all walks of life, Bahria Town members, Bahria Town management and media personnel attended a splendid ceremony organised for the event.

Published 25 Mar, 2007 12:00am

Water quality-monitoring network in rural areas to be set up

Ministry of Science and Technology (MoST) is in process of establishing a permanent water quality monitoring network in rural areas to monitor changes in drinking water quality and groundwater levels.

Published 25 Mar, 2007 12:00am

Durrani grieved over Hashmi's death

Federal Minister for Information and Broadcasting Muhammad Ali Durrani on Saturday expressed immense sense of shock and grief over the sad demise of senior journalist Ashraf Hashmi, who died of cardiac arrest here on Friday.

Published 25 Mar, 2007 12:00am

Scientific knowledge on earthquake hazards stressed

Speakers at Research Symposium on Saturday urged to share knowledge on earthquake and seismic hazards to avoid disasters and protect people from their harmful impact.

Published 25 Mar, 2007 12:00am

Lawyers must wait for decision of SJC: minister

Minister of Law, Justice and Human Rights, Muhammad Wasi Zafar on Saturday said the government is determined to act strictly in accordance with the constitution and law. The appointment of Justice Rana Bhagwandas as Acting Chief Justice (ACJ) is yet anoth

Published 25 Mar, 2007 12:00am

NED University to improve interaction with industry

The NED University of Engineering and Technology Karachi is working on establishing and improving its interaction with the industry. This was announced by the institution's Director of Industrial Liaison, Professor M. Naim Ansari, on Saturday.

Published 25 Mar, 2007 12:00am

Benazir wisely keeping away from present situation: Humayun

Minister for Trade and Commerce Humayun on Saturday said that being the head of a major political party Benazir Bhutto has adopted a wise approach by keeping herself away from the prevailing situation following the filing of a reference against Justice If

Published 25 Mar, 2007 12:00am

All set to celebrate third Gandhara week at Taxila

The Federal Department of Archaeology and Museums has made all out necessary arrangements to celebrate the third "Gandhara Week" starting from March 26 stirring up the activities of the Destination Pakistan 2007 programme. This was stated by Deputy Direct

Published 25 Mar, 2007 12:00am

Aero Asia starts flights for Multan

Aero Asia International has started its operation for Multan. The flight on this sector took off with full load from Quaid-e-Azam International Airport on 24th March, 2007 at 7.00 am.

Published 25 Mar, 2007 12:00am

Indonesian Consul General felicitates Pakistanis

The Consul General of the Republic of Indonesia H.E. Mustakim on Friday night extended warm felicitations to Pakistani friends on the occasion of Pakistan Day and said that he and his wife and all Indonesian present here shared the joy of the moment with

Published 25 Mar, 2007 12:00am

Transfers and postings

The Services, General Administration and Co-ordination Department, Sindh has made transfers and postings. According to a notification issued here on Saturday, Muhammad Hassan Dayo, an officer of ex-PCS (BPS-17), Deputy District Officer (Revenue), Rohri, D

Published 25 Mar, 2007 12:00am

Non-cooperative attitude of PTCL staff flayed

Imran Shaukat, Chairman, Site Association of Industry (SAI) and the members of the communications sub-committee have taken serious note of non-cooperative attitude of the staff of PTCL at Site Exchange.

Published 25 Mar, 2007 12:00am

'Appointment of Bhagwandas to end judicial crisis'

A leader of Muttahida Quami Movement (MQM) Akhlaq Hussain Abidi has said that now judicial crisis would be ended as Rana Bhagwandas has assumed as Acting Chief Justice of Pakistan and judicial system would be strengthened in the country.

Published 25 Mar, 2007 12:00am

NAB Sindh arrests Picic official

National Accountability Bureau (Sindh) has arrested an official of Picic Commercial Bank Limited, Muddasir Ahmed Khan on charges of misappropriation, corruption practice and misuse of authority.

Published 25 Mar, 2007 12:00am

CDGK chalks out plan for Milad-un-Nabi procession

Karachi City District Government (CDGK) has chalked out a contingency plan to meet any eventuality during the Rabi-ul-Awwal procession to be taken out on Sunday, April 1. CDGK officials said that on the directive of City Nazim Mustafa Kamal, spadework has

Published 25 Mar, 2007 12:00am

SCCI demands Sukkur be included in tax free zone

The Sukkur Chamber of Commerce and Industry (SCCI) has proposed that Sukkur be included in the tax free zone scheme. In a communication to federal ministry for finance, industry and commerce the chamber demanded that Sukkur be included in the tax free zon

Published 25 Mar, 2007 12:00am

Ghee prices up by Rs 25 per 16-kg container

Domestic ghee prices on Saturday shot up by Rs 25 per 16-kg container in the wake of rising prices of palm products in the international and local market, market sources told Business Recorder.

Published 25 Mar, 2007 12:00am

Envoys urged to identify untapped markets for Pakistani goods

Pakistan's Ambassadors in Algeria, Libya, Morocco, and Tunisia must work together with a common approach to identify untapped markets for Pakistan's exports, and also to enhance the image of Pakistan.

Published 25 Mar, 2007 12:00am

Input tax adjustment: invoice need not be in registered person's name: Tribunal

There is no mention in the sales tax law that the invoice/bill of entry should be in the name of the registered person claiming the input tax adjustment, which prompted the Customs, Excise and Sales Tax Tribunal, Islamabad to reject Order-in-Original pass

Published 25 Mar, 2007 12:00am

Water Awareness Programme launched in Punjab

On International Water Day, Gauher Foundation launched its 'Water Awareness Programme' in various districts including Bahawalpur and Lodhran by conducting the seminar under the title of "Drinking Water Scarcity -Effective Strategies on National and Local

Published 25 Mar, 2007 12:00am

Water and sanitation pilot project launched

The Pilot project to provide water supply and sanitation facilities through community participation in Union Council 60 Guldasht Colony was launched here on Saturday. The project would be executed within six months.

Published 25 Mar, 2007 12:00am

PML terms strike call undemocratic, non-political

PML rejected the strike call of March 26 and termed as undemocratic, non-political and unnecessary and it has warned that the opposition should refrain from achieving its narrow political interests out of a purely constitutional and legal issue and give u

Published 25 Mar, 2007 12:00am

PESS demands dissolution of parliament

Pakistan Ex-Servicemen Society (PESS) has demanded dissolution of the parliament and holding free, fair and transparent elections to save country from the present constitutional crisis.

Published 25 Mar, 2007 12:00am

PIA, loser of public trust and confidence

PIA was in a mess on Saturday afternoon. This reporter was scheduled to travel to Islamabad by PK 308, one of its most prestigious inland flights that commute daily in the afternoon between Karachi and the federal capital.

Published 25 Mar, 2007 12:00am

Power tariff cut impossible without big dams: Wapda chief

Water and Power Development Authority (Wapda) Chairman Tariq Hameed has said that without construction of big dams it is impossible to decrease the price of electricity. In the whole world, the prices of electricity are low for consumers using more electr

Published 25 Mar, 2007 12:00am

Power tariff cut impossible without big dams: Wapda chief

Water and Power Development Authority (Wapda) Chairman Tariq Hameed has said that without construction of big dams it is impossible to decrease the price of electricity. In the whole world, the prices of electricity are low for consumers using more electr

Published 25 Mar, 2007 12:00am

Power tariff cut impossible without big dams: Wapda chief

Water and Power Development Authority (Wapda) Chairman Tariq Hameed has said that without construction of big dams it is impossible to decrease the price of electricity. In the whole world, the prices of electricity are low for consumers using more electr

Published 25 Mar, 2007 12:00am

'Pakistan facing shortage of experts in textile industry'

Speakers at a workshop on Saturday said that Pakistan is facing shortage of qualified experts in textile industry and there is hardly any qualified textile chemist available in the country.

Published 25 Mar, 2007 12:00am

Mansur re-appointed SBP deputy governor

Mansur-ur-Rehman Khan has been re-appointed as Deputy Governor, State Bank of Pakistan with effect from March 17, 2007 till further order, according to an official announcement. Mansur-ur-Rehman Khan, who took over as SBP Deputy Governor on November 02, 2

Published 25 Mar, 2007 12:00am

Iran says British sailors admit illegal entry

Iran said on Saturday that 15 British service personnel detained by its navy off Iraq had admitted to violating its territorial waters, rejecting demands from London for their swift release.

Published 25 Mar, 2007 12:00am

Iran says British sailors admit illegal entry

Iran said on Saturday that 15 British service personnel detained by its navy off Iraq had admitted to violating its territorial waters, rejecting demands from London for their swift release.

Published 25 Mar, 2007 12:00am

Prime Minister approves setting up of PIPS

Prime Minister Shaukat Aziz has approved setting up Pakistan Institute of Parliamentary Services (PIPS) to enhance effectiveness and efficiency of the parliamentary system.

Published 25 Mar, 2007 12:00am

PSQCA to issue ''conformation reports''

The Pakistan Standards and Quality Control Authority (PSQCA) has been given the mandate to inspect and issue ''Conformance Assessment Reports'' to products and services for their quality specifications and characteristics for import and export purposes.

Published 25 Mar, 2007 12:00am

PSQCA to issue 'conformation reports'

The Pakistan Standards and Quality Control Authority (PSQCA) has been given the mandate to inspect and issue 'Conformance Assessment Reports' to products and services for their quality specifications and characteristics for import and export purposes.

Published 25 Mar, 2007 12:00am

PSQCA to issue 'conformation reports'

The Pakistan Standards and Quality Control Authority (PSQCA) has been given the mandate to inspect and issue 'Conformance Assessment Reports' to products and services for their quality specifications and characteristics for import and export purposes.

Published 25 Mar, 2007 12:00am

Export details not required at time of filing refund claims

The Collector Sales Tax (Enforcement) Shafqat Mahmood has said exporters are not required to provide their export details at the time of filing refund claims under RCPS.

Published 25 Mar, 2007 12:00am

Export details not required at time of filing refund claims

The Collector Sales Tax (Enforcement) Shafqat Mahmood has said exporters are not required to provide their export details at the time of filing refund claims under RCPS.

Published 25 Mar, 2007 12:00am

Export details not required at time of filing refund claims

The Collector Sales Tax (Enforcement) Shafqat Mahmood has said exporters are not required to provide their export details at the time of filing refund claims under RCPS.

Published 25 Mar, 2007 12:00am

No pressure to be accepted on Iran's nuclear issue: Kasuri

Foreign Minister Khurshid Mahmud Kasuri has said that country's stance regarding Iran's nuclear issue is very clear and Pakistan has already conveyed to the international community that solution to this problem must come by peaceful means. He was talking

Published 25 Mar, 2007 12:00am

13 die in coach-wagon collision

Thirteen people died and two others received serious injuries when a Karachi-bound coach collided with wagon on National Highway near Shah Hussain village, in B-Section police jurisdiction, late on Friday night.

Published 25 Mar, 2007 12:00am

Bids for setting up of five 5-Star hotels invited

Pakistan Railway has invited bids or expression of interests (EOIs) for setting up of five 5-star hotels or luxury apartments or commercial ventures in four major cities of the country including Karachi, Multan, Rawalpindi and Lahore.

Published 25 Mar, 2007 12:00am

EU to respond to Russian meat concerns end March

The European Union will respond by the end of March to Russian concerns over Polish meat quality and the threat of a wider trade stand-off between Moscow and the bloc, the EU's health chief said on Saturday. Moscow banned Polish meat and plant products mo

Published 25 Mar, 2007 12:00am

Report is 'elephant in room' at Conrad Black trial

It may not have big floppy ears, but a thick book in play at the criminal fraud trial of fallen media mogul Conrad Black is an elephant in the courtroom just the same.

Published 25 Mar, 2007 12:00am

Jiang ally named Shanghai party boss

A political ally of former Chinese President Jiang Zemin has been named Shanghai's top official, in a sign of the retired leader's lingering influence. The appointment of Xi Jinping as Shanghai Communist Party secretary, announced by the official Xinhua n

Published 25 Mar, 2007 12:00am

Porsche to launch low-ball bid for Volkswagen

Luxury carmaker Porsche unveiled a take-over offer for Volkswagen on Saturday at 14 percent below Friday's closing stock price. The German maker of high-performance cars also said it does not want majority control of Europe's largest automaker.

Published 25 Mar, 2007 12:00am

China Shenhua net rises

China Shenhua Energy Co Ltd, the world's second-largest coal producer by reserves, posted a lower-than-expected 12 percent rise in 2006 net profit as higher costs and lower overseas coal sale prices pared gains from volume and domestic price growth.

Published 25 Mar, 2007 12:00am

China Shenhua net rises

China Shenhua Energy Co Ltd, the world's second-largest coal producer by reserves, posted a lower-than-expected 12 percent rise in 2006 net profit as higher costs and lower overseas coal sale prices pared gains from volume and domestic price growth.

Published 25 Mar, 2007 12:00am

Brazil current account surplus narrows

Brazil posted a current account surplus of $593 million in February, compared with a surplus of $647 million in the same month a year ago, the central bank said on Friday. The surplus was lower than the $800 million median forecast of 16 economists survey

Published 25 Mar, 2007 12:00am

Importers demand Rs 520 per bag subsidy for DAP

Fertiliser importers have ruled out cut in DAP prices without Rs 520 per bag subsidy against Rs 250 per bag granted currently, sources told Business Recorder on Saturday. Recently, the fertiliser importers have raised the prices of Dia Ammonium Pho

Published 25 Mar, 2007 12:00am

Importers demand Rs 520 per bag subsidy for DAP

Fertiliser importers have ruled out cut in DAP prices without Rs 520 per bag subsidy against Rs 250 per bag granted currently, sources told Business Recorder on Saturday. Recently, the fertiliser importers have raised the prices of Dia Ammonium Pho

Published 25 Mar, 2007 12:00am

Importers demand Rs 520 per bag subsidy for DAP

Fertiliser importers have ruled out cut in DAP prices without Rs 520 per bag subsidy against Rs 250 per bag granted currently, sources told Business Recorder on Saturday. Recently, the fertiliser importers have raised the prices of Dia Ammonium Pho

Published 25 Mar, 2007 12:00am

Amjad new KESC chief executive officer

Following a meeting on March 21, 2007, the Board of Directors of Karachi Electric Supply Corporation has announced the appointment of Syed Mohammad Amjad as the new Chief Executive Officer and a member of the Board with effect from April 5, 2007. Amjad is

Published 25 Mar, 2007 12:00am

Amjad new KESC chief executive officer

Following a meeting on March 21, 2007, the Board of Directors of Karachi Electric Supply Corporation has announced the appointment of Syed Mohammad Amjad as the new Chief Executive Officer and a member of the Board with effect from April 5, 2007. Amjad is

Published 25 Mar, 2007 12:00am

Amjad new KESC chief executive officer

Following a meeting on March 21, 2007, the Board of Directors of Karachi Electric Supply Corporation has announced the appointment of Syed Mohammad Amjad as the new Chief Executive Officer and a member of the Board with effect from April 5, 2007. Amjad is

Published 25 Mar, 2007 12:00am

UN Convention against Corruption: Cabinet endorses NAB observations

The Cabinet has endorsed the reservations of National Accountability Bureau (NAB) suggesting that Pakistan should not opt for International Court of Justice (ICJ) in case of financial disputes with foreign firms, even if arbitration efforts fail to make h

Published 25 Mar, 2007 12:00am

UN Convention against Corruption: Cabinet endorses NAB observations

The Cabinet has endorsed the reservations of National Accountability Bureau (NAB) suggesting that Pakistan should not opt for International Court of Justice (ICJ) in case of financial disputes with foreign firms, even if arbitration efforts fail to make h

Published 25 Mar, 2007 12:00am

UN Convention against Corruption: Cabinet endorses NAB observations

The Cabinet has endorsed the reservations of National Accountability Bureau (NAB) suggesting that Pakistan should not opt for International Court of Justice (ICJ) in case of financial disputes with foreign firms, even if arbitration efforts fail to make h

Published 25 Mar, 2007 12:00am

Strategic units not to be put up for sale: minister

Investment and Privatisation Minister Zahid Hamid has said that the government will not put on sale the strategic entities. However, when asked at a press conference he could not specify the strategic entities.

Published 25 Mar, 2007 12:00am

Strategic units not to be put up for sale: minister

Investment and Privatisation Minister Zahid Hamid has said that the government will not put on sale the strategic entities. However, when asked at a press conference he could not specify the strategic entities.

Published 25 Mar, 2007 12:00am

Currency	Rate
USD PKR Interbank Selling / Oct 4	277.65
USD PKR Interbank Buying / Oct 4	277.45
USD to Japanese Yen / Oct 4	146.04
USD to Swiss Franc / Oct 4	0.85
Pound Sterling to USD / Oct 4	1.31
Euro to USD / Oct 4	1.10

Stock	Volume
S&P 500 / Oct 4	5,699.94
India Sensex / Oct 4	83,142.90
Tokyo Nikkei / Oct 4	38,635.62
Nasdaq / Oct 4	17,918.47
Hang Seng / Oct 4	22,498.44
FTSE 100 / Oct 4	8,262.02
Dow Jones / Oct 4	42,011.59
Germany DAX 30 / Oct 4	19,041.60

Item	Value
Petrol/Litre / Oct 4	247.03
Crude Oil USD/Barrel / Oct 4	73.62
Karachi Cotton PKR/37.32 KG / Oct 4	18,085
Gold 10 Grams PKR / Oct 4	237,572.70
Gold Spot USD/Ounce / Oct 4	2,665.49
Diesel/Litre / Oct 4	246.29

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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