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Print - 2007-04-07
'New Islamabad airport to complete in four years'

'New Islamabad airport to complete in four years'

Project Director Islamabad International Airport Masood Salam on Friday said that the new Islamabad international airport equipped with modern and state of the art facilities would be completed in four years.
Published 07 Apr, 2007 12:00am
Suggestions sought for promotion of Hindko language

Suggestions sought for promotion of Hindko language

Terming different languages of NWFP a beautiful part of historical heritage of the province, Governor Ali Mohammad Jan Orakzai has sought suggestions for promotion of Hindko language. He was talking to a six-member delegation of Gandhara Hindko Board, a l
Published 07 Apr, 2007 12:00am
JICA assures help for replicating CMTIs

JICA assures help for replicating CMTIs

Japan International Co-operation Agency (JICA) on Friday assured Pakistan its all-out assistance for replicating Construction Machinery Training Institute (CMTI) in major cities. JICA senior vice president Atsushi Hatakenaka gave this assurance during his
Published 07 Apr, 2007 12:00am
Freezing of power tariff, cut in gas rates suggested

Freezing of power tariff, cut in gas rates suggested

The Tariq Saeed committee had suggested 25 percent reduction in gas prices and freezing of electricity tariff till June 30,2009 to stave off the crisis in the textile industry for its survival. Tariq Saeed who headed a sub committee on the directions of t
Published 07 Apr, 2007 12:00am
CSIBL depositors: SECP asked to probe payment delay

CSIBL depositors: SECP asked to probe payment delay

A Senator has asked the Securities and Exchange Commission of Pakistan (SECP) to investigate prolonged delay in payment to the depositors of the Crescent Standard Investment Bank Limited (CSIBL).
Published 07 Apr, 2007 12:00am
Senate body to probe anomaly, nepotism in CDA

Senate body to probe anomaly, nepotism in CDA

Senate Standing Committee on Interior Friday set up a five-member sub-committee to probe the alleged irregularities and nepotism in the Capital Development Authority (CDA).
Published 07 Apr, 2007 12:00am
Golf tournament

Golf tournament

Mobilink, Pakistan's leading cellular service and part of the Orascom Telecom group has organised the invitational Club Indigo Golf Tournament exclusively for Mobilink's corporate customers on Saturday (today) in Lahore.
Published 07 Apr, 2007 12:00am
Ufone takes part in social causes, sports

Ufone takes part in social causes, sports

"Ufone believes in investing in the health and wellness of its employees by promoting a healthy and caring culture and making it part of the business model integrating productivity and human factor", said the President and CEO of Ufone, Mubashir Naqvi at
Published 07 Apr, 2007 12:00am
PSO and Telenor Pakistan sign connectivity accord

PSO and Telenor Pakistan sign connectivity accord

Pakistan State Oil, the largest oil marketing company in Pakistan, has partnered with Telenor Pakistan the second largest and fastest growing cellular network of Pakistan in establishing connectivity between the pump controllers at its New Vision retail o
Published 07 Apr, 2007 12:00am
Four policemen suspended

Four policemen suspended

Four policemen were suspended for replacing the new impounded motorcycle of a trader and allegedly beating him up when he demanded the return of his own. Ghulam Nabi, the brother of a local councillor was going from Liaqatpur to Khan Bela on his new motor
Published 07 Apr, 2007 12:00am
Lawyers continue protest

Lawyers continue protest

The lawyers' community observed its regular token strike here on Friday and boycotted the courts for one hour against the suspension of Chief Justice of Pakistan. The bar members also held hunger strike camps in the bar premises.
Published 07 Apr, 2007 12:00am
Fesco makes efforts to meet electricity demand

Fesco makes efforts to meet electricity demand

Faisalabad Electric Supply Company ((Fesco) is making efforts to meet the increasing electricity demand by expanding its distribution network in addition to purchasing surplus electricity from the private generation companies.
Published 07 Apr, 2007 12:00am
Good Friday

Good Friday

The Christian community of Faisalabad observed Good Friday with traditional religious reverence. City churches were decorated to mark the auspicious day while special service and prayers were also held. Father Bashir Francis led a special service in the H
Published 07 Apr, 2007 12:00am
'Hi-tech unit designed to cut sugar production losses'

'Hi-tech unit designed to cut sugar production losses'

A hi-tech sugar syrup plant project has been especially designed after due research to increase white sugar production in the country, cut losses, and result in greater prosperity, especially among the rural population.
Published 07 Apr, 2007 12:00am
Ban on distribution of food at shrines planned

Ban on distribution of food at shrines planned

The Auqaf department Punjab is planning to impose a ban on the distribution of food (Langer and Niaz) at the main shrines in the Punjab, Auqaf Minister Sahabzada Saeedul Hassan Shah told here on Friday.
Published 07 Apr, 2007 12:00am
Body of constable's son found after four days

Body of constable's son found after four days

The body of a 17-year old son of a policeman, who had gone missing, was found after four days in Rajbah Zaheer Nagar near here on Friday. According to police source. Constable Muhammad Ameen's son Shahaid Ameen who was mentally retarded had been missing s
Published 07 Apr, 2007 12:00am
Gilani denies government-PPP deal

Gilani denies government-PPP deal

The Pakistan Peoples Party's central vice chairman Syed Yousaf Raza Gilani has dispelled the impression that PPP had reached an agreement or deal with the government and said that Zulfikar Ali Bhutto gave us a lesson of "No-deal" and he preferred to lay d
Published 07 Apr, 2007 12:00am
How to ensure uninterrupted power supply?

How to ensure uninterrupted power supply?

Federal Minister for Water and Power Liaquat Ali Jatoi, while attending a briefing on Hesco's performance, has said that ensuring uninterrupted electricity supply to consumers is the primary responsibility of the officials concerned. He has also stressed
Published 07 Apr, 2007 12:00am
Is there a 'deal'?

Is there a 'deal'?

President General Pervez Musharraf and PPP chairperson Benazir Bhutto are both natural allies and natural adversaries - a paradox that keeps clouding the national political horizon with confusion and uncertainty. The two are natural allies because they ho
Published 07 Apr, 2007 12:00am
Police official's statement recorded

Police official's statement recorded

An enquiry judge, Syed Zahid Hussain of the Lahore High Court (LHC) recorded statement of SP (Investigation) Azmat Gondal and five other police officials and adjourned the enquiry proceedings to April 07.
Published 07 Apr, 2007 12:00am
PPP denies NAB case withdrawal report

PPP denies NAB case withdrawal report

The PPP has said that the news of withdrawal of the NAB cases against the PPP leadership is false and part of the disinformation campaign launched by the regime. In a press statement issued on Friday.
Published 07 Apr, 2007 12:00am
Two women training centres planned in Sukkur

Two women training centres planned in Sukkur

Two women training centres will be established in the district at an estimated cost of Rs 10 million. This was stated by District Nazim Sukkur Syed Niaz Hussain Shah while talking to newsmen at his office here on Thursday.
Published 07 Apr, 2007 12:00am
'Islam in no way threat to international peace'

'Islam in no way threat to international peace'

Secretary of Federation of Religious Seminaries (Wifaq-ul-Madaris) Qari Hanif Jhulandari has said the global Islamic awakening was different from terrorism and it was in no way a threat to international peace.
Published 07 Apr, 2007 12:00am
Thai trade team to visit LCCI on April 18

Thai trade team to visit LCCI on April 18

A Thai business delegation led by their Commerce Minister Krirk-Krai Jirapaet will visit Lahore Chamber of Commerce and Industry (LCCI) on April 18 to brief members about Thailand's international trade policy, and sign MoU with the LCCI on behalf of the T
Published 07 Apr, 2007 12:00am
FPCCI criticises Bilour's statement

FPCCI criticises Bilour's statement

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday criticised Senator Ilyas Ahmed Bilour statement regarding appointment of administrator in the country's apex trade body. In a press release issued here, FPCCI spokesman said that a
Published 07 Apr, 2007 12:00am
'Sugarcane production target to be achieved'

'Sugarcane production target to be achieved'

The use of best variety seeds and timely payment of dues to farmers by mill owners will help achieve the sugarcane production target this year. This was stated by Punjab Cane Commissioner Abdul Ghafoor Bhatti while talking to media persons after a meeting
Published 07 Apr, 2007 12:00am
SSUET stands second in projects' competition

SSUET stands second in projects' competition

Sir Syed University's project in circuit designing earned second position among 50 projects submitted in the competition. The competition was organised by National University of Computer and Engineering Sciences in collaboration with the Institute of Elec
Published 07 Apr, 2007 12:00am
ADB team to review 'Access to Justice' programme

ADB team to review 'Access to Justice' programme

The annual review mission of Asian Development Bank will visit Lahore from April 10 to 12 to review the 'Access to Justice' programme. The mission will be led by Muhammad Afzal Kahut, Programme Director, Programme Management Unit (PMU) of Access to Justic
Published 07 Apr, 2007 12:00am
Officials asked to monitor watercourses' lining

Officials asked to monitor watercourses' lining

District Coordination Officer (DCO) Sukkur, Shafique Ahmed Khoso has directed the DDOs and Mukhtiarkars to ensure effective watch and monitoring of lining of watercourses being carried out under the National Programme for Improvement of Water Courses (NPI
Published 07 Apr, 2007 12:00am
SCPA elects new body

SCPA elects new body

The Supreme Court Press Association has elected a new body for 2007. The results of the poll held here on Friday are: Muzzamil Hussain Syed President, Masudur Rehman Sr V.P., Sohail Khan.VP. Mohammad Kamran Khan Secretary, Sadaqat Husain Finance Secretary
Published 07 Apr, 2007 12:00am
Hearing adjourned

Hearing adjourned

The Lahore High Court (LHC) adjourned to April 20, the proceedings in an election petition filed by Engineer Saleem Ullah against Federal Minister Ghulam Sarwar Khan. The petitioner is of the view that the respondent contested election on a fake degree an
Published 07 Apr, 2007 12:00am
District consumer court in Faisalabad

District consumer court in Faisalabad

A District Consumer Court is being established in Faisalabad to protect the rights of consumers. Additional sessions judge (ASJ) Muhammad Yousaf Aujla has been posted as a presiding officer of the court while nine non-official members have already been no
Published 07 Apr, 2007 12:00am
Accountability court

Accountability court

An accountability court adjourned the proceedings of a reference against MNA and ex-minister Riaz Ahmed Fatiyana, to April 20 for final arguments. The accused is facing a trial on the charges of making illegal recruitment.
Published 07 Apr, 2007 12:00am
Khush Bash Athara celebrates 57th Raising Day

Khush Bash Athara celebrates 57th Raising Day

Khush Bash Athara, a renowned regiment of artillery corps, installed their 'Colonel of the Regiment' to celebrate their 57th 'Raising Day' here on Friday. Lieutenant General Khalid Ahmad Kidwai, who is also Colonel Commandant Artillery Regiment, was the c
Published 07 Apr, 2007 12:00am
SCBA asks lawyers to remain peaceful

SCBA asks lawyers to remain peaceful

The Supreme Court Bar Association (SCBA) has asked the lawyers fraternity to keep its struggle for the rule of law peaceful and non-violent. In a statement issued here on Friday.
Published 07 Apr, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Apr, 2007 12:00am
PSF may be included in DTRE scheme: CBR chief

PSF may be included in DTRE scheme: CBR chief

CBR Chairman M Abdullah Yusuf on Friday hinted at inclusion of polyester staple fibre (PSF) in the Duty and Tax Remission for Export (DTRE) scheme, and offered the textile industry to operate under normal income tax law, replacing the Presumptive Tax Regi
Published 07 Apr, 2007 12:00am
PSF may be included in DTRE scheme: CBR chief

PSF may be included in DTRE scheme: CBR chief

CBR Chairman M Abdullah Yusuf on Friday hinted at inclusion of polyester staple fibre (PSF) in the Duty and Tax Remission for Export (DTRE) scheme, and offered the textile industry to operate under normal income tax law, replacing the Presumptive Tax Regi
Published 07 Apr, 2007 12:00am
Petroleum Ministry clarifies news report

Petroleum Ministry clarifies news report

A spokesman of the Ministry of Petroleum and Natural Resources on Friday has contradicted a news item appearing in Business Recorder of April 6 entitled "Petroleum Policy 2007 seen backfiring" and termed it as contrary to the factual position.
Published 07 Apr, 2007 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (April 06, 2007).

Published 07 Apr, 2007 12:00am
Petroleum Ministry clarifies news report

Petroleum Ministry clarifies news report

A spokesman of the Ministry of Petroleum and Natural Resources on Friday has contradicted a news item appearing in Business Recorder of April 6 entitled "Petroleum Policy 2007 seen backfiring" and termed it as contrary to the factual position.
Published 07 Apr, 2007 12:00am
Petroleum Ministry clarifies news report

Petroleum Ministry clarifies news report

A spokesman of the Ministry of Petroleum and Natural Resources on Friday has contradicted a news item appearing in Business Recorder of April 6 entitled "Petroleum Policy 2007 seen backfiring" and termed it as contrary to the factual position.
Published 07 Apr, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (April 06, 2007).
Published 07 Apr, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (April 06, 2007).

Published 07 Apr, 2007 12:00am
India detain Pakistan's cement consignments

India detain Pakistan's cement consignments

Pakistan's cement exporters are in a fix as Indian authorities have detained their consignments of around 5,000 metric tons cement and are demanding unnecessary documents from them, exporters here told Business Recorder on Friday.
Published 07 Apr, 2007 12:00am
India detain Pakistan's cement consignments

India detain Pakistan's cement consignments

Pakistan's cement exporters are in a fix as Indian authorities have detained their consignments of around 5,000 metric tons cement and are demanding unnecessary documents from them, exporters here told Business Recorder on Friday.
Published 07 Apr, 2007 12:00am
India detain Pakistan''s cement consignments

India detain Pakistan''s cement consignments

Pakistan''s cement exporters are in a fix as Indian authorities have detained their consignments of around 5,000 metric tons cement and are demanding unnecessary documents from them, exporters here told Business Recorder on Friday.
Published 07 Apr, 2007 12:00am
PHC stops oil and gas supply to Punjab

PHC stops oil and gas supply to Punjab

The Peshawar High Court (PHC) on Friday stopped oil and gas supply to Punjab from Shakardara and Gorguri gas and oil fields in southern districts of the NWFP, and issued notices to federal government, OGDC and SNGPL for comments.
Published 07 Apr, 2007 12:00am
PHC stops oil and gas supply to Punjab

PHC stops oil and gas supply to Punjab

The Peshawar High Court (PHC) on Friday stopped oil and gas supply to Punjab from Shakardara and Gorguri gas and oil fields in southern districts of the NWFP, and issued notices to federal government, OGDC and SNGPL for comments.
Published 07 Apr, 2007 12:00am
PHC stops oil and gas supply to Punjab

PHC stops oil and gas supply to Punjab

The Peshawar High Court (PHC) on Friday stopped oil and gas supply to Punjab from Shakardara and Gorguri gas and oil fields in southern districts of the NWFP, and issued notices to federal government, OGDC and SNGPL for comments.
Published 07 Apr, 2007 12:00am
President and Prime Minister discuss pace of uplift projects

President and Prime Minister discuss pace of uplift projects

Prime Minister Shaukat Aziz on Friday called on President Pervez Musharraf at Aiwan-e-Sadr here and exchanged views on issues of national importance. The President expressed satisfaction over the pace of development projects being carried out in various s
Published 07 Apr, 2007 12:00am
President and Prime Minister discuss pace of uplift projects

President and Prime Minister discuss pace of uplift projects

Prime Minister Shaukat Aziz on Friday called on President Pervez Musharraf at Aiwan-e-Sadr here and exchanged views on issues of national importance. The President expressed satisfaction over the pace of development projects being carried out in various s
Published 07 Apr, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (April 06, 2007).

Published 07 Apr, 2007 12:00am
President and Prime Minister discuss pace of uplift projects

President and Prime Minister discuss pace of uplift projects

Prime Minister Shaukat Aziz on Friday called on President Pervez Musharraf at Aiwan-e-Sadr here and exchanged views on issues of national importance. The President expressed satisfaction over the pace of development projects being carried out in various s
Published 07 Apr, 2007 12:00am
Gainers lead losers on ISE

Gainers lead losers on ISE

Gainers outclassed losers on Friday at the at the Islamabad Stock Exchange (ISE) where bulls strengthened their positions under the lead of hot favourite amid increase in index. ISE Ten Index was plus by 23.35 points, as the index moved from 2,621.41 to 2
Published 07 Apr, 2007 12:00am
Gainers lead losers on ISE

Gainers lead losers on ISE

Gainers outclassed losers on Friday at the at the Islamabad Stock Exchange (ISE) where bulls strengthened their positions under the lead of hot favourite amid increase in index. ISE Ten Index was plus by 23.35 points, as the index moved from 2,621.41 to 2
Published 07 Apr, 2007 12:00am
LSE stays bullish

LSE stays bullish

The share market stayed in a bullish frame of mind on the last trading day of the week on buying interest in cement and banking sectors, which performed extremely well by adding handsomely to their worth. The LSE-25 index rose to 4397.96 points from 4374.
Published 07 Apr, 2007 12:00am
LSE stays bullish

LSE stays bullish

The share market stayed in a bullish frame of mind on the last trading day of the week on buying interest in cement and banking sectors, which performed extremely well by adding handsomely to their worth. The LSE-25 index rose to 4397.96 points from 4374.
Published 07 Apr, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 06, 2007).

Published 07 Apr, 2007 12:00am
Curfew in Parachinar after three die in clashes

Curfew in Parachinar after three die in clashes

Pakistani authorities on Friday imposed an indefinite curfew in a mountainous tribal town bordering Afghanistan after three people died in fighting between Shia and Sunni sects, local officials said.
Published 07 Apr, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 06, 2007).

Published 07 Apr, 2007 12:00am
Curfew in Parachinar after three die in clashes

Curfew in Parachinar after three die in clashes

Pakistani authorities on Friday imposed an indefinite curfew in a mountainous tribal town bordering Afghanistan after three people died in fighting between Shia and Sunni sects, local officials said.
Published 07 Apr, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 06, 2007).

Published 07 Apr, 2007 12:00am
Proposal to set up Bannu industrial estate rejected

Proposal to set up Bannu industrial estate rejected

The Planning Commission has turned down a proposal of setting up an industrial estate in district Bannu, which is believed to be a serious blow to the NWFP government's bid to establish new industries in the province, sources told Business Recorder.</i
Published 07 Apr, 2007 12:00am
Proposal to set up Bannu industrial estate rejected

Proposal to set up Bannu industrial estate rejected

The Planning Commission has turned down a proposal of setting up an industrial estate in district Bannu, which is believed to be a serious blow to the NWFP government's bid to establish new industries in the province, sources told Business Recorder.</i
Published 07 Apr, 2007 12:00am
Proposal to set up Bannu industrial estate rejected

Proposal to set up Bannu industrial estate rejected

The Planning Commission has turned down a proposal of setting up an industrial estate in district Bannu, which is believed to be a serious blow to the NWFP government''s bid to establish new industries in the province, sources told Business Recorder.</
Published 07 Apr, 2007 12:00am
Missing citizens: Sherpao rejects secret agencies' involvement

Missing citizens: Sherpao rejects secret agencies' involvement

Interior Minister Aftab Ahmed Khan Sherpao on Friday rejected involvement of intelligence agencies in getting the missing persons disappeared saying that out of total 164 missing persons, three are detained in the United States and Guantanamo Bay besides
Published 07 Apr, 2007 12:00am
No change likely in government and cabinet: Durrani

No change likely in government and cabinet: Durrani

Federal Minister for Information and Broadcasting, Muhammad Ali Durrani categorically declared here on Friday that no change was being made in government or Cabinet, and all reports in this regard were totally baseless.
Published 07 Apr, 2007 12:00am
Durrani felicitates LPC office-bearers

Durrani felicitates LPC office-bearers

Federal Minister for Information and Broadcasting Senator Muhammad Ali Durrani on Friday felicitated the newly-elected office-bearers of the Lahore Press Club (LPC) saying the clean sweep of 'Progressive Panel' in LPC polls speaks volumes of the trust the
Published 07 Apr, 2007 12:00am