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Print - 2007-06-30
The Weather

The Weather

The weather report on Friday (June 29, 2007) and the forecast for Saturday (June 30, 2007).
Published 30 Jun, 2007 12:00am
Heavy rain paralyses routine activities in Lahore

Heavy rain paralyses routine activities in Lahore

Heavy pre-monsoon rain paralysed routine activities in the Punjab capital inundating different localities with rain water, which has exposed the tall claims of civic agencies of adopting foolproof arrangement for monsoon.
Published 30 Jun, 2007 12:00am
Relief, CMCs activated in Punjab: Elahi

Relief, CMCs activated in Punjab: Elahi

Punjab Chief Minister, Chaudhry Pervaiz Elahi has said that necessary arrangements have been made to cope with any situation arising out of possible rains and flood in the province. While presiding over a high level meeting, here on Friday.
Published 30 Jun, 2007 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.

Published 30 Jun, 2007 12:00am
LHC issues notices to Pemra

LHC issues notices to Pemra

The Lahore High Court (LHC) has issued notices to Pakistan Electronic Media Regulatory Authority (Pemra) in a petition filed by a member of the Lahore High Court Bar Association (LHCBA) challenging action of Pemra banning the live coverage of the processi
Published 30 Jun, 2007 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.

Published 30 Jun, 2007 12:00am
Research in medical education stressed

Research in medical education stressed

College of Physicians and Surgeons Pakistan (CPSP) has conducted a four-day workshop on 'Research Methodology, Biostatistics and Medical Writing' for supervisors at CPSP Regional Centre Lahore.
Published 30 Jun, 2007 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 30 Jun, 2007 12:00am
Weather situation: Punjab issues instructions to DCOs

Weather situation: Punjab issues instructions to DCOs

In view of the prevailing weather situation, the government of Punjab has issued instructions to the DCOs of all the districts to recheck the action plan evolved by the agencies and departments in the districts to ensure full preparedness to face any even
Published 30 Jun, 2007 12:00am
CRA backs PSMA proposal for buffer stock

CRA backs PSMA proposal for buffer stock

Citizens Rights Association (CRA) has backed up the proposal of buffer stocks of sugar by the government, being put forward by the Pakistan Sugar Mills Association (PSMA) and termed it good for the consumers, growers and the industry.
Published 30 Jun, 2007 12:00am
GPO Lahore staff irked by frequent power breakdowns

GPO Lahore staff irked by frequent power breakdowns

The working conditions at GPO are bad due to frequent power breakdowns. Incidents of using fake currency notes are on rising trend at the General Post Office (GPO) Lahore while it is too difficult for the staff to differentiate between the fake and real c
Published 30 Jun, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (June 29, 2007).

Published 30 Jun, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (June 29, 2007) and for Saturday (June 30, 2007).
Published 30 Jun, 2007 12:00am
PEF trains over 1300 principals

PEF trains over 1300 principals

Punjab Education Foundation (PEF) has trained more than 1,300 principals and heads of private educational institutions and sensitised them for bringing change management in targeted schools in 92 workshops arranged under School Leadership Development Prog
Published 30 Jun, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (June 29, 2007).

Published 30 Jun, 2007 12:00am
Rs 29.05 billion CDGL, subsidiaries budget presented

Rs 29.05 billion CDGL, subsidiaries budget presented

Lahore District Council (LDC) has on Friday passed Rs 29.05 billion budget of the City District Government Lahore, LDA and its two subsidiaries Wasa and Tepa for the fiscal year 2007-08. City District Government Lahore (CDGL) Nazim Mian Amer Mahmood prese
Published 30 Jun, 2007 12:00am
Rs 29.05 billion CDGL, subsidiaries budget presented

Rs 29.05 billion CDGL, subsidiaries budget presented

Lahore District Council (LDC) has on Friday passed Rs 29.05 billion budget of the City District Government Lahore, LDA and its two subsidiaries Wasa and Tepa for the fiscal year 2007-08. City District Government Lahore (CDGL) Nazim Mian Amer Mahmood prese
Published 30 Jun, 2007 12:00am
Candle prices up by 150 percent

Candle prices up by 150 percent

Prices of candle has gone up by 150 percent in the local market due to higher demand and short supply, shopkeepers told Business Recorder. Shopkeepers said that demand of candles had registered sudden increase in the last two weeks owing to continu
Published 30 Jun, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 29, 2007).

Published 30 Jun, 2007 12:00am
Rains cost onion exports worth Rs 8.29 million

Rains cost onion exports worth Rs 8.29 million

Onion exports have almost come to a halt as the rains have cut off supply lines from Balochistan. Vegetable exporters told Business Recorder here on Friday that due to damaged transportation system, the country was facing supply problem as about 80
Published 30 Jun, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 29, 2007).

Published 30 Jun, 2007 12:00am
MAP seminar: 'interest-free banking flourishing globally'

MAP seminar: 'interest-free banking flourishing globally'

Interest-free modern banking is flourishing throughout the world even in the Western countries, as it has become the need of the time. These views were expressed by Meezan Bank Limited Shariah Advisor Dr Mohammad Imran Ansari, while speaking at a seminar
Published 30 Jun, 2007 12:00am
THE RUPEE: all round gains in currency market

THE RUPEE: all round gains in currency market

All round gains were seen in the currency market on Friday as a result of modest rise in the rupee value against dollar and euro, dealers said. In the open market the rupee headed with strong gains of 25 paisa against dollar at Rs 60.90 for buying and pic
Published 30 Jun, 2007 12:00am
THE RUPEE: all round gains in currency market

THE RUPEE: all round gains in currency market

All round gains were seen in the currency market on Friday as a result of modest rise in the rupee value against dollar and euro, dealers said. In the open market the rupee headed with strong gains of 25 paisa against dollar at Rs 60.90 for buying and pic
Published 30 Jun, 2007 12:00am
Vegetables and fruits available in small quantities

Vegetables and fruits available in small quantities

Vegetable and fruits are in scarce quantities in different parts of the city, according to a survey carried out on Thursday and Friday. Some buyers at a vegetable stall were trying to grab onion and potatoes due to very acute shortage, but the vendor did
Published 30 Jun, 2007 12:00am
PML-Q in position to sweep general polls: Arbab

PML-Q in position to sweep general polls: Arbab

The Sindh Chief Minister Dr Arbab Ghulam Rahim has said that Pakistan Muslim League (Q) was strengthening day by day and was in a position to sweep over the forthcoming general elections in Sindh and other provinces as well.
Published 30 Jun, 2007 12:00am
Indo-Pak symposium on local government from July 2

Indo-Pak symposium on local government from July 2

Punjab Chief Minister Chaudhry Pervaiz Elahi will be the chief guest at the inaugural ceremony of a two-day Indo-Pakistan Symposium on Local Government here on Monday (July 2). Punjab Governor, Lieutenant General Khalid Maqbool (Retd) will be the chief gu
Published 30 Jun, 2007 12:00am
PMS seeks ban on British products

PMS seeks ban on British products

Pakistan Medical Society (PMS) has urged the Islamic countries to ban the import of medicines, surgical instruments and other equipment from Britain if the British government does not withdraw the award of knighthood conferred upon controversial writer Sa
Published 30 Jun, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (June 29, 2007).

Published 30 Jun, 2007 12:00am
563,000 Asians fall victims to AIDS in 2006

563,000 Asians fall victims to AIDS in 2006

The number of HIV/AIDS in Asia is increasing at an alarming speed and, according to a latest report its rate has increased to 7.6 percent in 2006. HIV/AIDS is not a single disease while it is the condition of the human body in which the immune system of a
Published 30 Jun, 2007 12:00am
Punjab University signing MoUs with foreign universities

Punjab University signing MoUs with foreign universities

Punjab University (PU) is signing MoUs with foreign universities to aware its students from academic developments in these universities and to promote educational collaboration with them. Punjab University is sending its students delegations to internatio
Published 30 Jun, 2007 12:00am
NGOs collecting donations need certificate

NGOs collecting donations need certificate

Non-government organisations collecting charity need a certificate to achieve public trust. Chairperson, Pakistan Centre of Philanthropy Shahnaz Wazir Ali brought up the subject during a round table discussion arranged by the Pakistan Council for Social S
Published 30 Jun, 2007 12:00am
Afghan DPs repatriation suspended temporarily

Afghan DPs repatriation suspended temporarily

The United Nations High Commission for Refugees (UNHCR) has temporarily suspended the voluntary repatriation of Afghans throughout NWFP after heavy rains and floods damaged several bridges between Peshawar and Torkhum border.
Published 30 Jun, 2007 12:00am
Muslim scholars urged to confront un-Islamic concepts

Muslim scholars urged to confront un-Islamic concepts

Dr Manzur Ahmad, Rector of the Islamic International University, has urged the government to give top priority to women development. Giving his concluding remarks after the lecture on Women Development by distinguished scholar Dr Shabana Mir at the IIU he
Published 30 Jun, 2007 12:00am
'US committed to address Pakistan's energy needs'

'US committed to address Pakistan's energy needs'

The US acting ambassador and Charge d'Affaires, Peter W Bodde, has said that the US government is committed to address Pakistan's energy needs and it will extend all possible support for power generation.
Published 30 Jun, 2007 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Friday (June 29, 2007).

Published 30 Jun, 2007 12:00am
Liquor seized

Liquor seized

Highway police Khanewal arrested a bootlegger and seized 510-litre liquor from his oil agency near here on Thursday. DSP highway patrolling police Mahr Noor Muhammad told newsmen that on a secret information his team raided the oil agency in jurisdiction
Published 30 Jun, 2007 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Friday (June 29, 2007).

Published 30 Jun, 2007 12:00am
No PAC record damaged by fire: Allah Yar

No PAC record damaged by fire: Allah Yar

The fire inside the parliament building early this week did not damage any record of Public Accounts Committee (PAC), official sources said. PAC Chairman Allah Yar Khan has contradicted media reports which suggested that some crucial documents of the comm
Published 30 Jun, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Jun, 2007 12:00am
Pakistan to build first floating LNG terminal

Pakistan to build first floating LNG terminal

Pakistan plans to build its first floating liquefied natural gas terminal by end-2008, Energy Secretary Ahmad Waqar said on Friday while on a trip to India. The 2.5 million-tonnes-a-year floating terminal would be built by local investors, Waqar said, add
Published 30 Jun, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Jun, 2007 12:00am
PSEB and TTC sign MoU

PSEB and TTC sign MoU

Pakistan Software Export Board (PSEB) and Texas Trade Council (TTC) of USA signed a MoU here on Thursday, which is a USA based program that aims at investing $500 million in Pakistan. Yousif Hussain of PSEB and Faisal Amin on behalf of TTC have signed the
Published 30 Jun, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 30 Jun, 2007 12:00am
PPAF to host microcredit summit

PPAF to host microcredit summit

Pakistan Poverty Alleviation Fund (PPAF) will host three-day the Asia-Pacific Regional Microcredit Summit in partnership with Microcredit Summit Campaign in Islamabad from March 4-6, 2008. Microcredit empowers the poor and builds financially self-sufficie
Published 30 Jun, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (June 29, 2007).

Published 30 Jun, 2007 12:00am
NAB launches probe against ATV chief

NAB launches probe against ATV chief

The National Accountability Bureau (NAB) has reportedly launched a probe against the Chairman of ATV Abdul Jabbar for defaulting on payment that he allegedly owed to PTV. According to South Asian News Agency (SANA), Benazir Bhutto est
Published 30 Jun, 2007 12:00am
India to free prisoners and fishermen today

India to free prisoners and fishermen today

India will hand over 33 civilian prisoners and 10 fishermen to Pakistan on Saturday (today) at Wagah border, an official of Pakistan High Commission told APP here on Friday. The officials of Pakistan High Commission will also be present at the border on t
Published 30 Jun, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 30 Jun, 2007 12:00am
Ibad grieved over rain devastation in Balochistan

Ibad grieved over rain devastation in Balochistan

Sindh Governor, Dr Ishrat-ul-Ibad Khan has expressed grief on the devastation caused by stormy rains and flooding in Balochistan. He said the Government of Sindh and its people are with the people of Balochistan at this time of difficulty, according to an
Published 30 Jun, 2007 12:00am
High flood hampers Quetta gas line repair

High flood hampers Quetta gas line repair

High flood in Bolan River restrained the team of Sui Southern Gas Company (SSGC) from start of repair work on the ruptured main pipeline supply natural gas to Quetta, Pishin and Ziarat.
Published 30 Jun, 2007 12:00am
EU eases restrictions on PIA

EU eases restrictions on PIA

PIA has been notified by the Air Safety Committee of the European Union that the restriction imposed by them on a segment of the Airline's fleet is expected to be partially lifted from July 6, 2007, says a press release on Friday.
Published 30 Jun, 2007 12:00am
NFEH institutes Environment Excellence Awards

NFEH institutes Environment Excellence Awards

The National Forum for Environment and Health (NFEH), to encourage the public, private and corporate sectors of Pakistan, has instituted the Environment Excellence Awards for such organisations whose performance in pollution control and environment up-gra
Published 30 Jun, 2007 12:00am
KPT praised for rescuing shipping company crew

KPT praised for rescuing shipping company crew

Middle Eastern shipping company has lauded the timely rescue of two of its distressed vessels in south coast amid tropical cyclone 'Yamyin' by the Karachi Port Trust (KPT), which saved lives of 73 crewmembers in Pakistani territorial waters on Thursday.
Published 30 Jun, 2007 12:00am
Arbab announces construction of dam in Mubarak village

Arbab announces construction of dam in Mubarak village

Sindh Chief Minister Dr Arbab Ghulam Rahim has said that 83 persons lost their lives in the June 23 rainstorm in Karachi and their number being quoted by some quarters in hundreds is incorrect.
Published 30 Jun, 2007 12:00am
Rain makes flood situation worse in NWFP

Rain makes flood situation worse in NWFP

The flood situation became worse on Friday due to the continuous rain as Kabul, Gambila, Swat and Naguman rivers remained in extreme floods whereas flash floods have been reported in ravines and nallahs of district Peshawar, Nowshera, Bannu, Hazara and Ma
Published 30 Jun, 2007 12:00am
Chandi Ghar withstands cyclone

Chandi Ghar withstands cyclone

Chandi Ghar, put up by Gul Bahao at Ibrahim Hyderi a couple of months ago, has stood up to the devastating cyclone hitting the coast and is as good as it was made first. While several of these pre-fabricated structures were sent to Mansehra at the time of
Published 30 Jun, 2007 12:00am
Sheraton inducts new public relations manager

Sheraton inducts new public relations manager

Karachi Sheraton Hotel & Towers, while continuing to upgrade its facilities, has expanded its team with the addition of Samina Roohi, a seasoned professional, as public relations manager, said a press release here on Friday.
Published 30 Jun, 2007 12:00am
Mustafa Kamal grieved over rain-related deaths

Mustafa Kamal grieved over rain-related deaths

City Nazim Syed Mustafa Kamal has condoled the deaths of victims of June 23 cyclone, which hit the coastal areas of Sindh and Balochistan. Addressing a press conference held at his secretariat said "I extend my heartiest condolences to the families of tho
Published 30 Jun, 2007 12:00am
Cutting trees: LHC summons Tepa officials

Cutting trees: LHC summons Tepa officials

The Lahore High Court (LHC) called report from Traffic Engineering Planning Authority (Tepa) in a petition filed by different non-governmental organisations (NGOs) praying to the court to restrain the respondent from cutting trees from the sides of Lahore
Published 30 Jun, 2007 12:00am
0.3 million to be trained under Navtec programme: Shaukat

0.3 million to be trained under Navtec programme: Shaukat

Appreciating that over 100,000 people trained by Navtec have got jobs within the country or abroad, Prime Minister Shaukat Aziz Friday asked Navtec to expand the scope and coverage of their training programmes to meet the high demand and bridge the existi
Published 30 Jun, 2007 12:00am
PPP questions government's relief claims in Balochistan

PPP questions government's relief claims in Balochistan

Pakistan People's Party Friday lambasted the government over what it said the failure of state machinery to provide relief in the cyclone-hit province of Balochistan where dozens of people are reportedly dead or missing after a week-long rainy spell.
Published 30 Jun, 2007 12:00am