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Print - 2007-04-16
Algeria summons US envoy to protest at alert

Algeria summons US envoy to protest at alert

Algeria on Sunday denounced a US embassy alert about possible imminent attacks in the capital, Algiers, saying it had caused panic in a city already on edge after three suicide bombings. "They take us for idiots," Interior Minister Noureddine Yazid Zerhou
Published 16 Apr, 2007 12:00am
After testing China-specific missile, India eyes ICBMs

After testing China-specific missile, India eyes ICBMs

Buoyed by the successful test of a missile that can hit China, India says it can extend its nuclear range beyond Asia, but experts say it is unlikely to take such a step for fear of upsetting the West.
Published 16 Apr, 2007 12:00am
Erdogan faces crucial choice over presidency

Erdogan faces crucial choice over presidency

Turkey's Tayyip Erdogan faces one of the toughest decisions of his career this week - to seek the presidency or remain prime minister and ensure his party of victory in a parliamentary election in November.
Published 16 Apr, 2007 12:00am
Crisis looms for Iraqi refugees: Amnesty

Crisis looms for Iraqi refugees: Amnesty

A new humanitarian crisis looms in the Middle East unless Western powers take urgent measures to assist four million Iraqis uprooted by conflict, Amnesty International warned on Monday.
Published 16 Apr, 2007 12:00am
Iran to seek bids for two atomic power plants

Iran to seek bids for two atomic power plants

Iran said on Sunday it would seek bids in the next few days for two new nuclear power plants and will partly run them on fuel produced at home, a process the West fears could lead to material for building atomic bombs.
Published 16 Apr, 2007 12:00am
Cell sites to be re-designed to check health hazards

Cell sites to be re-designed to check health hazards

Around 3 per cent cell sites currently installed in major cities of the country by mobile phone operators might be re-designed or improved under a policy unveiled to check their health hazards, a senior official of IT Ministry said here Sunday.
Published 16 Apr, 2007 12:00am
DPO urged to trace out five notorious criminal

DPO urged to trace out five notorious criminal

Punjab Minister for Public Health Sardar Hassan Akhtar Moakal in a meeting at DPO office urged the district police for completely tracing out five notorious criminal gangs whose 17 members have been arrested by them earlier.
Published 16 Apr, 2007 12:00am
'Farmer-friendly policies help attain record wheat output'

'Farmer-friendly policies help attain record wheat output'

Agriculture Development Commissioner, Ministry of Food and Agriculture, Dr Qadir Bukish Baloch has said that owing to the farmers-friendly policies of the government, the country is expected to achieve a record wheat production of 23 million tons this yea
Published 16 Apr, 2007 12:00am
Every one should wait for SJC verdict: Tariq

Every one should wait for SJC verdict: Tariq

Minister of State for Information and Broadcasting Tariq Azeem has said that every one should wait for the Supreme Judicial Council's verdict, which will be implemented. Talking to a private TV news channel (ARY) he said, reference against justice Iftikha
Published 16 Apr, 2007 12:00am
Cell phones fast emerging as staple need of life

Cell phones fast emerging as staple need of life

Cellular phones, once used to be status symbol for an affluent class have now emerged as staple need of our life with the turn of new millennium. Exorbitant prices of the mobile phones denied the common men an access to this telecommunication technology i
Published 16 Apr, 2007 12:00am
Southern Sudanese give cows for love, not money

Southern Sudanese give cows for love, not money

Peace in southern Sudan turns people's thoughts to marriage and investment - both of which traditionally involve giving, or keeping, cows. For the government, the cows are proving too much of a good thing. Parents-in-law are demanding cows promised as bri
Published 16 Apr, 2007 12:00am
Rover's diary: The alternative to Madaris problem

Rover's diary: The alternative to Madaris problem

How many madrassas (religious seminaries) does Pakistan need? How many clerics do we need? (I would not indulge in the debate that there is no room for the clergy in Islam, as they are here to stay). We are told even by our 'enlightened moderate President
Published 16 Apr, 2007 12:00am
Good example

Good example

It's time to change our mind. I am student of Chartered Institute of Management Accountants (CIMA). Most of my correspondence and study material are sent by the Institute via post which is very crucial for me.
Published 16 Apr, 2007 12:00am
Fighting religious extremism

Fighting religious extremism

Your editorial reflects, rather represents, the unfounded views of those modern and enlightened classes who profess Islam but practically lead un-Islamic lives. Playing with words is an easy exercise, especially when a person is sitting in a place of auth
Published 16 Apr, 2007 12:00am
Lebanon's former militiamen say 'No' to civil war

Lebanon's former militiamen say 'No' to civil war

As Lebanon marks the 32nd anniversary of its deadly civil war on Friday, people who fought in it were expressing deep pessimism about whether the country can avoid another such conflict - but hope that an awareness campaign might help avoid a repetition o
Published 16 Apr, 2007 12:00am
Breaking the shackles of 'learned helplessness'

Breaking the shackles of 'learned helplessness'

The main illness of Pakistan is not Islamism, but militarism-Frederic Grare, Islam, Militarism and the 2007-2008 Elections in Pakistan, Carnegie Papers, Number 70, August 2006. Frederic Grare, as visiting scholar with the Carnegie Endowment for Internatio
Published 16 Apr, 2007 12:00am
President warns doubting Thomases

President warns doubting Thomases

The President has made it clear to the doubting Thomases among the allies that Pakistan's commitment to fight international terrorism is total but should they persist in their biased view he would think of breaking ranks with them.
Published 16 Apr, 2007 12:00am
Realign the income tax regime

Realign the income tax regime

A UAE headquartered Islamic Bank alongwith a local bank, have won the mandate to domestically float Islamic bond (Sukuk) of Rs 4.2 billion - with eight year tenor - to fund the upgradation of Karachi Shipyard and Engineering Works (KSEW).
Published 16 Apr, 2007 12:00am
Pracs assumes operational control of Bolan Mail

Pracs assumes operational control of Bolan Mail

Pakistan Railways has handed over operational control of incoming and outgoing Bolan Mail to its body Pakistan Railways Advisery and Consultancy Service (Pracs) on Sunday.
Published 16 Apr, 2007 12:00am
No deal with military rulers: Jehangir

No deal with military rulers: Jehangir

Central Secretary of Pakistan People's Party Jehangir Badr has said the PPP is a strong political party and no one could divide it as its roots are in masses. Talking to newsmen here on Sunday he said that PPP has always opposed the dictators and military
Published 16 Apr, 2007 12:00am
'Operation against land-grabbers to be launched very soon'

'Operation against land-grabbers to be launched very soon'

An operation against land-grabbers who are possessing TMA property worth billions of rupees for the last several years would be launched very soon, this was said by Tehsil Nazim Agha Naveed Hashim Rizvi while addressing to tehsil council meeting.
Published 16 Apr, 2007 12:00am
New Zealand firm to generate 25 MW power from dung

New Zealand firm to generate 25 MW power from dung

A private company of New Zealand, in a joint venture with the City District Government of Karachi (CDGK), will set up a project to generate power using cattle dung of Landhi Cattle Colony.
Published 16 Apr, 2007 12:00am
IOP appointed Acer's executive partner

IOP appointed Acer's executive partner

Acer Computer Middle East announced today appointment of International Office Products (Pvt) Ltd (IOP) as their new corporate reseller in Pakistan. IOP appointment is the outcome of the recent visit to Pakistan of Mr. Jacob Varghese, Regional Sales Manage
Published 16 Apr, 2007 12:00am
Workshop on food processing on April 23

Workshop on food processing on April 23

Advisor to Sindh Chief Minister on Food and Agriculture Ghulam Murtaza Jatoi will be the chief guest at the inaugural ceremony of three-day national workshop on "Food processing challenges and opportunities in Pakistan" at the main auditorium of Mehran Un
Published 16 Apr, 2007 12:00am
Experts fear outbreak of gastro-enteritis

Experts fear outbreak of gastro-enteritis

With the onset of summer medical experts fear the spread of waterborne diseases in Karachi, especially its slum areas due to the supply of contaminated water, as cases of gastro-enteritis have already on a rising trend in the city.
Published 16 Apr, 2007 12:00am
SSUET organises Seerat moot

SSUET organises Seerat moot

Sir Syed University of Engineering and Technology held a Seerat Conference in which boy and girl students highlighted various facets of the Seerat of Holy Prophet Muhammed (Peace be upon him).
Published 16 Apr, 2007 12:00am
IRL signs contract with Descon for new oil refinery

IRL signs contract with Descon for new oil refinery

The Indus Refinery Limited (IRL), a joint venture between Middle East-based investors and local sponsors, has signed a contract with Descon Engineering Limited for the provision of civil works for IRL's 100,000 barrel per day petroleum refinery located on
Published 16 Apr, 2007 12:00am
IGIIF's IPO conducted successfully

IGIIF's IPO conducted successfully

IGI Funds Limited (IGIFL), the asset management arm of the Packages and IGI Financial Services Group, successfully conducted the Public Offering of the IGI Income Fund (IGIIF) on April 13 & 14. Select branches of The Bank of Punjab and Deutsche Bank were
Published 16 Apr, 2007 12:00am
IGIIF's IPO conducted successfully

IGIIF's IPO conducted successfully

IGI Funds Limited (IGIFL), the asset management arm of the Packages and IGI Financial Services Group, successfully conducted the Public Offering of the IGI Income Fund (IGIIF) on April 13 & 14. Select branches of The Bank of Punjab and Deutsche Bank were
Published 16 Apr, 2007 12:00am
Prices remain range-bound, spot rate unchanged

Prices remain range-bound, spot rate unchanged

The firmer trend kept buyers sidelined bound waiting for happy change in prices or availability of strictly quality lint preferred by the importers. Prices stayed thus range bound. The spot opened at Rs 2725 and same rate was seen until close of the week.
Published 16 Apr, 2007 12:00am
Prices remain range-bound, spot rate unchanged

Prices remain range-bound, spot rate unchanged

The firmer trend kept buyers sidelined bound waiting for happy change in prices or availability of strictly quality lint preferred by the importers. Prices stayed thus range bound. The spot opened at Rs 2725 and same rate was seen until close of the week.
Published 16 Apr, 2007 12:00am
Free advisory services for fish farmers

Free advisory services for fish farmers

Fisheries department Punjab is providing free of cost advisory service to farmers and training courses are arranged frequently to disseminate improved aquaculture methods at district and Tehsil level.
Published 16 Apr, 2007 12:00am
Prices mostly higher on tight supply position

Prices mostly higher on tight supply position

Supplies appeared tight resulting in most goods moving higher on the wholesale commodity markets during the week ender on Saturday. Basmati however poised to go sharply up.
Published 16 Apr, 2007 12:00am
Two die in road mishap

Two die in road mishap

Two persons were killed and one wounded when a car collided with a trailer near Moro Toll Plaza on Sunday. A car travelling from Nawabshah to Ghotki rammed with a trailer near Moro Toll Plaza resulting in death of Shah Muhammad Arain and Ashraf Arain trav
Published 16 Apr, 2007 12:00am
Four killed in two buses collision

Four killed in two buses collision

Four passengers killed and 36 injured seriously in head on collision between two buses near here on Saturday night.
Published 16 Apr, 2007 12:00am
'Iran and Pakistan rail link to be built in 2008'

'Iran and Pakistan rail link to be built in 2008'

Iran's rail network will be linked to Pakistan in next Iranian calendar year (to start March 21, 2008), Iranian Minister of Roads and Transportation Mohammad Rahmati said.
Published 16 Apr, 2007 12:00am
Wifaqul Madaris supports Jamia Hafsa demands

Wifaqul Madaris supports Jamia Hafsa demands

Qari Muhammad Hanif Jhulandari, Secretary General of Wifaqul Madaris Al Arbia Pakistan has said "we have not cancelled the affiliation and membership of "Jamia-Hafsa" and Islamabad's Jamia Hafsa and Jamia Fareedia were still members of their madrassa boar
Published 16 Apr, 2007 12:00am
NFC and Wapda to ink MoU on April 23

NFC and Wapda to ink MoU on April 23

NFC-Institute of Engineering and Fertiliser Research (NFC-IEFR) and Wapda will ink a Memorandum of Understanding (MoU) at a special ceremony to be held at Governor's Secretariat, Lahore on April 23.
Published 16 Apr, 2007 12:00am
Co-education system at primary level shortly

Co-education system at primary level shortly

The federal government has asked all the provincial governments to introduce a coeducation system at the primary level and only women teachers be appointed in the primary schools under the new education policy because it was not possible for the governmen
Published 16 Apr, 2007 12:00am
PIA to begin third flight for China from May 1

PIA to begin third flight for China from May 1

Pakistan International Airlines (PIA) has added one more flight in its network by introducing third flight for China beginning from May 1. It was, earlier, proposed that the flight was to terminate in Islamabad on return from Beijing, but now its route ha
Published 16 Apr, 2007 12:00am
Government ready for private-public partnership: Rashid

Government ready for private-public partnership: Rashid

Railways Minister Rashid Ahmed has announced that the government is ready for partnership with the upcountry dry ports to run cargo express trains at 50/50 ratio and will also welcome the private sector in the cargo lifting services.
Published 16 Apr, 2007 12:00am
IBA condemns journalists' manhandling

IBA condemns journalists' manhandling

The Islamabad Bar Association (IBA) has condemned the recent incident of journalists' manhandling in Karachi and said that lawyers and journalists are tied in the everlasting relationship of friendship and unity for upholding the press freedom in Pakistan
Published 16 Apr, 2007 12:00am
'Religious extremism great threat to development process'

'Religious extremism great threat to development process'

Religious extremism is a great threat to national development, and the people should play their role in checking it in the larger interest of the county. These views were expressed by National Assembly speaker Ameer Hussain.
Published 16 Apr, 2007 12:00am
All set to inaugurate USAID Sialkot office on April 17

All set to inaugurate USAID Sialkot office on April 17

Necessary arrangements have been finalised for the inaugural ceremony of USAID Sialkot district office. The inaugural ceremony would be held here on Tuesday and it is expected that Sialkot district Nazim Muhammad Akmal Cheema would be the chief guest on t
Published 16 Apr, 2007 12:00am
'Green fund' to help facilitate conversion of rickshaws into CNG

'Green fund' to help facilitate conversion of rickshaws into CNG

Provincial government has set up a "Green Fund" with an amount of Rs one billion for extending loan facilities for undertaking projects pertaining to conversion of rickshaws into CNG and for the purchase of CNG buses in the Punjab.
Published 16 Apr, 2007 12:00am
Three real brothers killed

Three real brothers killed

A feudal lord, Ghulam Muhammad Buzdar of tribal village "Barthi" (Dera Ghazi Khan district) shot dead three real brothers with Klashnikov because their goats entered into his wheat-field.
Published 16 Apr, 2007 12:00am
Indian millers unhappy with Pakistan's wheat imports

Indian millers unhappy with Pakistan's wheat imports

The prevailing trend of Indian flour millers contracting wheat from Pakistan, which is offering competitive rates, has left domestic traders unhappy and wondering what's wrong with the rates and quality offered by them, Indian media reports said.
Published 16 Apr, 2007 12:00am
Rs 100 million being spent on upgradation of 10 industrial estates

Rs 100 million being spent on upgradation of 10 industrial estates

Punjab government is spending more than Rs100 million on the up gradation of existing ten industrial estates in the province. Official sources told APP on Sunday that under the programme, Daska, Sargodha, Gujrat, Multan, Chakwal, Jhelum, Sahiwal, Gujra Kh
Published 16 Apr, 2007 12:00am
Correction

Correction

In a front page story in Business Recorder issue of Sunday (April 15), the day of departure of Prime Minister Shaukat Aziz to China was inadvertently reported as Sunday. He is scheduled to embark on China visit on Monday (April 16).
Published 16 Apr, 2007 12:00am
People rejected stick-wielding Sharia: Altaf

People rejected stick-wielding Sharia: Altaf

Muttahida Qaumi Movement (MQM) chief Altaf Hussain said on Sunday that people have fully rejected religious extremists and stick-wielding Sharia in Pakistan.
Published 16 Apr, 2007 12:00am
Sino-Pak ties source of peace and stability in region: Shaukat

Sino-Pak ties source of peace and stability in region: Shaukat

Prime Minister Shaukat Aziz on Sunday said friendship with China is the cornerstone of Pakistan's foreign policy and the strategic relationship between the two countries is a source of peace and stability in the region and the world as well.
Published 16 Apr, 2007 12:00am
CSF concerned at slow pick up of private sector

CSF concerned at slow pick up of private sector

The Competitive Support Fund (CSF) is concerned over slow pick up of Pakistan's private sector and it proposed an effective strategy for it to come up and join hands with the government to expedite the process of the national economic growth.
Published 16 Apr, 2007 12:00am
Two killed in Panjgur mishap

Two killed in Panjgur mishap

Two persons were killed when a speedy pickup plunged into a deep ravine near Panjgur. According to reports a speedy pickup was on its to Gachak from Panjgur. After some distance it went out of the control of driver and plunged in to roadside ravine.
Published 16 Apr, 2007 12:00am
Supreme Court to take up petitions against SJC set-up today

Supreme Court to take up petitions against SJC set-up today

A full bench of the Supreme Court will take up on Monday identical petitions challenging formation of the Supreme Judicial Council (SJC) and sending of a reference by President General Pervez Musharraf against Chief Justice Iftikhar Muhammad Chaudhry.
Published 16 Apr, 2007 12:00am
Humayun invites FPCCI for amendments in TOO

Humayun invites FPCCI for amendments in TOO

The Federal Minister for Commerce, Humayun Akhtar Khan has invited the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), an apex body of chambers, to seek their proposals and amendments on Trade Organisation Ordinance (TOO) to make it benef
Published 16 Apr, 2007 12:00am
China Network Communications enters Japanese market

China Network Communications enters Japanese market

China Network Communications Group Corp has opened its first business base in Japan to allow Internet providers to use its communications lines linking the two countries, a newspaper said Sunday.
Published 16 Apr, 2007 12:00am
Prime Minister leaves for China today

Prime Minister leaves for China today

Prime Minister Shaukat Aziz will leave for Beijing on a six-day official visit to China today (Monday) on the invitation of his Chinese counterpart Wen Jiabao. The visit is part of the high-level interaction between the two countries.
Published 16 Apr, 2007 12:00am
20 killed in Afghan violence

20 killed in Afghan violence

Afghan security forces backed by international troops killed 16 militants while a suicide attacker killed four Afghan employees of a US-owned private security firm, officials said on Sunday.
Published 16 Apr, 2007 12:00am
20 killed in Afghan violence

20 killed in Afghan violence

Afghan security forces backed by international troops killed 16 militants while a suicide attacker killed four Afghan employees of a US-owned private security firm, officials said on Sunday.
Published 16 Apr, 2007 12:00am
Foreigners leaving North Waziristan: Taliban spokesman

Foreigners leaving North Waziristan: Taliban spokesman

Foreign fighters have started to leave North Waziristan over fears that tribesmen may launch a new operation to evict them, a purported militant spokesman said on Sunday. "Some 75 families of foreigners have headed to their respective countries in a month
Published 16 Apr, 2007 12:00am
Foreigners leaving North Waziristan: Taliban spokesman

Foreigners leaving North Waziristan: Taliban spokesman

Foreign fighters have started to leave North Waziristan over fears that tribesmen may launch a new operation to evict them, a purported militant spokesman said on Sunday. "Some 75 families of foreigners have headed to their respective countries in a month
Published 16 Apr, 2007 12:00am
China's economy reaching environmental limits

China's economy reaching environmental limits

China's booming economy is being increasingly constrained by shortages of energy and natural resources as well as environmental concerns - forcing the nation to seek a more efficient growth model.
Published 16 Apr, 2007 12:00am
Shaukat to visit JF-17 manufacturing plant

Shaukat to visit JF-17 manufacturing plant

Prime Minister Shaukat Aziz who is starting his five-day visit to China (April 16-21) to China would witness manufacturing process of JF-17 Thunder aircraft in Chengdu, official sources told Business Recorder.
Published 16 Apr, 2007 12:00am
Uzbekistan will try Human Rights Watch translator

Uzbekistan will try Human Rights Watch translator

Uzbekistan will start the trial of a Human Rights Watch (HRW) translator this week on charges of smuggling, crossing borders illegally and causing public disorder, the US-based human rights group said on Sunday.
Published 16 Apr, 2007 12:00am
Royal vows gentle reform if wins French presidency

Royal vows gentle reform if wins French presidency

Socialist Segolene Royal vowed on Sunday to reform France gently if elected its first woman president and dismissed attacks on her credibility as sexist, saying her record was better than that of her main opponents.
Published 16 Apr, 2007 12:00am
Stock market review

Stock market review

The Lahore share market maintained the bullish trend and added another gain of 2.68 percent to its worth during the outgoing week, on the back of positive valuation reports of foreign and local brokerage houses on certain sectors.
Published 16 Apr, 2007 12:00am
Stock market review

Stock market review

The Lahore share market maintained the bullish trend and added another gain of 2.68 percent to its worth during the outgoing week, on the back of positive valuation reports of foreign and local brokerage houses on certain sectors.
Published 16 Apr, 2007 12:00am
CFS rises to Rs 46.52 billion

CFS rises to Rs 46.52 billion

Total investment under Continuous Funding System (CFS) at the local share market increased by 6.79 percent to Rs49.68 billion during the outgoing week ended on April 13, 2007 as compared to Rs46.52 billion during the previous week.
Published 16 Apr, 2007 12:00am
CFS rises to Rs 46.52 billion

CFS rises to Rs 46.52 billion

Total investment under Continuous Funding System (CFS) at the local share market increased by 6.79 percent to Rs49.68 billion during the outgoing week ended on April 13, 2007 as compared to Rs46.52 billion during the previous week.
Published 16 Apr, 2007 12:00am
CFS rises to Rs 46.52 billion

CFS rises to Rs 46.52 billion

Total investment under Continuous Funding System (CFS) at the local share market increased by 6.79 percent to Rs49.68 billion during the outgoing week ended on April 13, 2007 as compared to Rs46.52 billion during the previous week.
Published 16 Apr, 2007 12:00am
CFS rises to Rs 46.52 billion

CFS rises to Rs 46.52 billion

Total investment under Continuous Funding System (CFS) at the local share market increased by 6.79 percent to Rs49.68 billion during the outgoing week ended on April 13, 2007 as compared to Rs46.52 billion during the previous week.
Published 16 Apr, 2007 12:00am
KSE bullish

KSE bullish

The share market last week ended on April 15, 2007 maintained upward momentum and KSE-100 index gained 322.10 points, or 2.8 percent, at 50-week high level of 11,977.74 points level, and KSE-30 index gained 344.33 points, closing at 14,908.77 points level
Published 16 Apr, 2007 12:00am
KSE bullish

KSE bullish

The share market last week ended on April 15, 2007 maintained upward momentum and KSE-100 index gained 322.10 points, or 2.8 percent, at 50-week high level of 11,977.74 points level, and KSE-30 index gained 344.33 points, closing at 14,908.77 points level
Published 16 Apr, 2007 12:00am
KSE bullish

KSE bullish

The share market last week ended on April 15, 2007 maintained upward momentum and KSE-100 index gained 322.10 points, or 2.8 percent, at 50-week high level of 11,977.74 points level, and KSE-30 index gained 344.33 points, closing at 14,908.77 points level
Published 16 Apr, 2007 12:00am
500 mw power plant: PPIB opposes Wapda agreement with Qatar government

500 mw power plant: PPIB opposes Wapda agreement with Qatar government

The Private Power Infrastructure Board (PPIB) has refused to be part of the ''controversial agreement'' being negotiated between the government of Qatar and the Ministry of Water and Power for setting up a 500 mw combined cycle power plant at Chicho ki Ma
Published 16 Apr, 2007 12:00am
500 mw power plant: PPIB opposes Wapda agreement with Qatar government

500 mw power plant: PPIB opposes Wapda agreement with Qatar government

The Private Power Infrastructure Board (PPIB) has refused to be part of the 'controversial agreement' being negotiated between the government of Qatar and the Ministry of Water and Power for setting up a 500 mw combined cycle power plant at Chicho ki Mali
Published 16 Apr, 2007 12:00am
500 mw power plant: PPIB opposes Wapda agreement with Qatar government

500 mw power plant: PPIB opposes Wapda agreement with Qatar government

The Private Power Infrastructure Board (PPIB) has refused to be part of the 'controversial agreement' being negotiated between the government of Qatar and the Ministry of Water and Power for setting up a 500 mw combined cycle power plant at Chicho ki Mali
Published 16 Apr, 2007 12:00am
Israel ready for talks with Arabs: Olmert

Israel ready for talks with Arabs: Olmert

Prime Minister Ehud Olmert said on Sunday that Israel was ready to talk with Arab states over their peace plan as he held the first round of planned regular meetings with Palestinian president Mahmud Abbas.
Published 16 Apr, 2007 12:00am
Israel ready for talks with Arabs: Olmert

Israel ready for talks with Arabs: Olmert

Prime Minister Ehud Olmert said on Sunday that Israel was ready to talk with Arab states over their peace plan as he held the first round of planned regular meetings with Palestinian president Mahmud Abbas.
Published 16 Apr, 2007 12:00am
Customs fails to check steel items misdeclaration

Customs fails to check steel items misdeclaration

Despite repeated complaints by the local industry, Customs Collectors are ignoring massive misdeclaration of customs duty on import of iron and steel items cleared through Customs Administrative Reforms Project (CARE) and other clearance systems applicabl
Published 16 Apr, 2007 12:00am
Customs fails to check steel items misdeclaration

Customs fails to check steel items misdeclaration

Despite repeated complaints by the local industry, Customs Collectors are ignoring massive misdeclaration of customs duty on import of iron and steel items cleared through Customs Administrative Reforms Project (CARE) and other clearance systems applicabl
Published 16 Apr, 2007 12:00am
Customs fails to check steel items misdeclaration

Customs fails to check steel items misdeclaration

Despite repeated complaints by the local industry, Customs Collectors are ignoring massive misdeclaration of customs duty on import of iron and steel items cleared through Customs Administrative Reforms Project (CARE) and other clearance systems applicabl
Published 16 Apr, 2007 12:00am
Customs fails to check steel items misdeclaration

Customs fails to check steel items misdeclaration

Despite repeated complaints by the local industry, Customs Collectors are ignoring massive misdeclaration of customs duty on import of iron and steel items cleared through Customs Administrative Reforms Project (CARE) and other clearance systems applicabl
Published 16 Apr, 2007 12:00am
Contact with all, no deal with any: Shaukat

Contact with all, no deal with any: Shaukat

Prime Minister Shaukat Aziz said on Sunday that the government was in contact with all the opposition parties but it would not strike any deal. He said that he government would not withdraw presidential reference filed against 'suspended' Chief Justice If
Published 16 Apr, 2007 12:00am
Contact with all, no deal with any: Shaukat

Contact with all, no deal with any: Shaukat

Prime Minister Shaukat Aziz said on Sunday that the government was in contact with all the opposition parties but it would not strike any deal. He said that he government would not withdraw presidential reference filed against 'suspended' Chief Justice If
Published 16 Apr, 2007 12:00am
THE RUPEE: firm trend on currency market

THE RUPEE: firm trend on currency market

Bullish sentiment prevailed in the currency market as the rupee managed to hold firmness against the dollar during the week ended on April 14,2007. The rupee was sharply up in the interbank market, picking up nine paisa in terms of the dollar for buying a
Published 16 Apr, 2007 12:00am
THE RUPEE: firm trend on currency market

THE RUPEE: firm trend on currency market

Bullish sentiment prevailed in the currency market as the rupee managed to hold firmness against the dollar during the week ended on April 14,2007. The rupee was sharply up in the interbank market, picking up nine paisa in terms of the dollar for buying a
Published 16 Apr, 2007 12:00am
World Bank to help poor states recover stolen funds

World Bank to help poor states recover stolen funds

The World Bank will work with the United Nations and other agencies in a global drive to help developing countries recover assets stolen by corrupt leaders, the Bank said on Sunday, estimating that the extent of graft in poor states could reach $800 billi
Published 16 Apr, 2007 12:00am
World Bank to help poor states recover stolen funds

World Bank to help poor states recover stolen funds

The World Bank will work with the United Nations and other agencies in a global drive to help developing countries recover assets stolen by corrupt leaders, the Bank said on Sunday, estimating that the extent of graft in poor states could reach $800 billi
Published 16 Apr, 2007 12:00am
World Bank to help poor states recover stolen funds

World Bank to help poor states recover stolen funds

The World Bank will work with the United Nations and other agencies in a global drive to help developing countries recover assets stolen by corrupt leaders, the Bank said on Sunday, estimating that the extent of graft in poor states could reach $800 billi
Published 16 Apr, 2007 12:00am
Wolfowitz ''intends to continue'' job

Wolfowitz ''intends to continue'' job

World Bank president Paul Wolfowitz said Sunday "I intend to continue" the global development lender''s work on combatting poverty despite being engulfed in a pay scandal. "This is important work and I intend to continue it," he told a news conference aft
Published 16 Apr, 2007 12:00am
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