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Print - 2007-07-26
Relief operations reviewed

Relief operations reviewed

Sindh Minister for Irrigation, Nadir Akmal Leghari today visited the flood-affected areas of Dadu to review the ongoing relief operations. The Minister visited Johi Taluka and inspected the repairing work on the breach at MNV Drain (Chandan). Leghari also
Published 26 Jul, 2007 12:00am
Replacement of faulty ATM demanded

Replacement of faulty ATM demanded

Traders of Vehari grain market on Wednesday urged the Muslim Commercial Bank (MCB) management to replace the faulty automated teller machine (ATM) installed at the Ghalla Mandi branch.
Published 26 Jul, 2007 12:00am
Four Rescue 1122 centres to start operation from August

Four Rescue 1122 centres to start operation from August

Four 1122 rescue centres with sophisticated equipment and highly trained professional staff will be operational in the city from next month. Station House Incharge, Rescue 1122, Adeel Aslam stated this, while talking to APP on Wednesday.
Published 26 Jul, 2007 12:00am
60 ASIs, head constables promoted

60 ASIs, head constables promoted

The Regional Police Rawalpindi Range has promoted about sixty Assistant Sub Inspectors (ASIs) and Head Constables to the rank of Sub-Inspector and ASI respectively. The decision was taken after the formal recommendations of promotions by the Departmental
Published 26 Jul, 2007 12:00am
'Strict traffic laws enforcement brings down accident ratio'

'Strict traffic laws enforcement brings down accident ratio'

With a commitment to ensure safe road environment in the Federal Capital, the Islamabad Traffic Police (ITP) have been successful in bringing down the accident ratio during first seven months of ongoing year as compared to the corresponding period of the
Published 26 Jul, 2007 12:00am
Lecture on allergy management today

Lecture on allergy management today

Director of Research, Department of Otolaryngology at the National University of Singapore, Professor Dr Wang De Yun, would deliver a lecture to dermatologists on the topic of challenges in allergy management at a local hotel on Thursday (July 26) at 3.00
Published 26 Jul, 2007 12:00am
Punjab University modernising transport wing

Punjab University modernising transport wing

The Punjab University is modernising its Transport Wing by providing latest machinery to renovate and rebuild its old and useless vehicles. This is revealed by Acting vice-chancellor Professor Dr Muhammad Arif Butt here on Wednesday.
Published 26 Jul, 2007 12:00am
Huge investment increases enrolment ratio in Fata

Huge investment increases enrolment ratio in Fata

The government is spending billions of rupees over promotion of education sector in the Federally Administered Tribal Areas (Fata) every year and as a result of huge investment in education sector the number of educational establishments has gone up to 53
Published 26 Jul, 2007 12:00am
HEC equipping university teachers with modern technique

HEC equipping university teachers with modern technique

The Higher Education Commission (HEC) is equipping the university teachers with modern teaching techniques. Now, it is up to the teachers to share their expertise with students and collogues and disseminate their learning in their own institutions.
Published 26 Jul, 2007 12:00am
'Rs 1.21 billion more to be spent on skill development'

'Rs 1.21 billion more to be spent on skill development'

The Technology Upgradation and Skill Development Company (TUSDC) has decided to spend another Rs 1.21 billion for upcoming initiatives in the industrial sector to speed up their function using new technology in 2007-08.
Published 26 Jul, 2007 12:00am
DSGC recruitment from AJK next month

DSGC recruitment from AJK next month

The Defence Services Guards Corps (DSGC) will recruit youths from Azad Jammu and Kashmir (AJK) from August 6 to 11, DSGC press release said here on Wednesday. The DSGC team will set up recruiting camps at Muzaffarabad, Kotli and Plundri from August 6 to 1
Published 26 Jul, 2007 12:00am
Government urged to declare Dadu calamity area

Government urged to declare Dadu calamity area

The District Council has urged the government to declare Dadu a calamity-hit district and withdraw all agricultural taxes and loans. The session met here on Wednesday under the chairmanship of its Convenor and District Naib Nazim, Syed Mohammad Shah.
Published 26 Jul, 2007 12:00am
Government urged to restore resigned judges

Government urged to restore resigned judges

Save Judiciary Committee Convenor Abdur Rashid Qureshi has urged the government to elevate Justice Jawad S Khawaja and reinstate all other judges resigned from their office, protesting the Chief Justice's suspension.
Published 26 Jul, 2007 12:00am
The Weather

The Weather

The weather report on Wednesday (July 25, 2007) and the forecast for Thursday (July 26, 2007).
Published 26 Jul, 2007 12:00am
Projects' feasibility for proper use of funds suggested

Projects' feasibility for proper use of funds suggested

A sub-committee of the Public Accounts Committee (PAC) on Wednesday suggested the government to make feasibility studies of projects to ensure proper utilisation of funds prior to commencement of next fiscal year.
Published 26 Jul, 2007 12:00am
New York cotton

New York cotton

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

Published 26 Jul, 2007 12:00am
Furrukh appointed Secretary Petroleum

Furrukh appointed Secretary Petroleum

Furrukh Qayyum has been appointed as new Secretary Petroleum. Previously he was holding the office of Secretary Information and technology. His predecessor Ahmad Waqar was appointed as Secretary Finance a few days back. After the Prime Minister Shaukat Az
Published 26 Jul, 2007 12:00am
New York cotton

New York cotton

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

Published 26 Jul, 2007 12:00am
AEDB starts electrifying 100 Sindh villages

AEDB starts electrifying 100 Sindh villages

The Alternative Energy Development Board (AEDB) has started implementing a project to electrify 100 remote villages of Sindh through renewable energy, it is learnt on Wednesday. Sources said the government had tasked the AEDB to provide electricity to 7,8
Published 26 Jul, 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 26 Jul, 2007 12:00am
Body set up to restore Peshawar historic gates

Body set up to restore Peshawar historic gates

The Governor NWFP Lieutenant General Ali Mohammed Jan Aurakzai (Retd) on Wednesday constituted a committee headed by Nazim, City District government Peshawar for streamlining matters relating to restoration of historic gates and wall of the city.
Published 26 Jul, 2007 12:00am
Political and PML affairs discussed with Elahi

Political and PML affairs discussed with Elahi

A leader of Pakistan Muslim League from Kahuta, Murree Javaid Iqbal Satti called Punjab Chief Minister, Chaudhry Pervaiz Elahi at Chief Minister's Secretariat here on Wednesday. Political and party affairs as well as problems of the area were discussed in
Published 26 Jul, 2007 12:00am
Loan scheme for fish farmers launched

Loan scheme for fish farmers launched

The Punjab government has introduced loan scheme for small fish farmers with only a two percent mark-up to ensure a rapid progress and development in fish farming. Punjab Minister Fisheries Sardar Dariya Khan Gopang, revealing the loan scheme, which was l
Published 26 Jul, 2007 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, July 26, 2007.

Published 26 Jul, 2007 12:00am
Auqaf spells out reforms for religious schools

Auqaf spells out reforms for religious schools

The Provincial Auqaf Department will open 15 new model religious schools in the current fiscal year, Provincial Minister of Auqaf Syed Saeedul Hassan Shah said in a meeting with a 15-member delegation of religious scholars.
Published 26 Jul, 2007 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, July 26, 2007.

Published 26 Jul, 2007 12:00am
Government to raze, rebuild children library

Government to raze, rebuild children library

After demolishing Jamia Hafsa complex, the government has now started razing children library situated inside the Jamia compound. On Tuesday, Interior Ministry spokesman, Brigadier Javed Iqbal Cheema had said.
Published 26 Jul, 2007 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, July 26, 2007.

Published 26 Jul, 2007 12:00am
Mobilink in Gujranwala

Mobilink in Gujranwala

Mobilink, the country's leading mobile service company with more than 25 million customers and part of the Orascom Telecom Group, on Wednesday announced its new state-of-the-art Customer Care Centre in Gujranwala.
Published 26 Jul, 2007 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (July 25, 2007).

Published 26 Jul, 2007 12:00am
POSA announces election results

POSA announces election results

The Pakistan Open and Spinners Association (POSA) Secretary has announced the election results in an annual general meeting held here on Wednesday. The association elected Sheikh Ejaz Ahmad and Main Yawar Saeed as Chairman and Vice-Chairman respectively f
Published 26 Jul, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 25, 2007).

Published 26 Jul, 2007 12:00am
Work on road projects in full swing

Work on road projects in full swing

Punjab Communication and Works (C&W) Minister, Chaudhry Zaheer ud Din Khan has said work on the eight projects worth Rs 4.17 billion aiming at widening and building roads under the Annual Development Programme is in full swing.
Published 26 Jul, 2007 12:00am
Call for joint efforts for pollution-free environment

Call for joint efforts for pollution-free environment

Joint efforts should be made to provide pollution-free environment to our new generation; neat and clean environment was basic right of every human being and the government was utilising all its resources for ensuring this right.
Published 26 Jul, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 25, 2007).

Published 26 Jul, 2007 12:00am
Brent gets 15 years for attending militant camp

Brent gets 15 years for attending militant camp

A former paramedic and cab driver in the US state of Maryland was sentenced to 15 years in prison on Wednesday after admitting he attended a militant training camp in the mountains of Pakistan. Mahmud Faruq Brent, 32, pleaded guilty in April to providing
Published 26 Jul, 2007 12:00am
SHC issues notice to Law ministry and Pemra

SHC issues notice to Law ministry and Pemra

Sindh High Court on Wednesday admitting two identical petitions against amendments in Pemra Ordinance 2002 for hearing issued notice to Secretary Parliamentary Affairs, Ministry of Law, Justice and Chairman Pakistan Electronic Media Regulatory Authority (
Published 26 Jul, 2007 12:00am
Bail before arrest of PPP workers extended

Bail before arrest of PPP workers extended

A bench of the Lahore High Court has extended bail before arrest of a local Pakistan People's Party's (PPP) leader and his three brothers in a kidnapping and terror case till August 9.
Published 26 Jul, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 25, 2007).

Published 26 Jul, 2007 12:00am
Law and Justice Commission meeting on July 27

Law and Justice Commission meeting on July 27

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry will chair a meeting of Law and Justice Commission of Pakistan (LJCP) to be held at the Supreme Court on July 27.
Published 26 Jul, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 25, 2007).

Published 26 Jul, 2007 12:00am
Petition filed against Lal Masjid operation

Petition filed against Lal Masjid operation

A petition, that the military operation at Lal Masjid and Jimia Hafsa was illegal, filed in the Supreme Court on Wednesday. The petition, filed by Advocate Tariq Asad on the behalf of Advocate Akmal Saleemi, also pointed out that a Commission comprising f
Published 26 Jul, 2007 12:00am
Descon, Fertil sign contract for urea plant

Descon, Fertil sign contract for urea plant

The Descon Engineering has signed a contract with the Abu Dhabi's Ruwais Fertiliser Industries for Engineering Procurement and Construction (EPC) works in a ceremony held in Abu Dhabi.
Published 26 Jul, 2007 12:00am
Punjab chief minister rules out Musharraf-PPP deal

Punjab chief minister rules out Musharraf-PPP deal

Punjab Chief Minister, Chaudhry Pervaiz Elahi on Wednesday said that no deal with PPP was in the offing. He said that Pakistan Muslim League (PML) remains the founder party of the country and had a democratic and ideological thinking therefore; there was
Published 26 Jul, 2007 12:00am
THE RUPEE: dollar marginally higher

THE RUPEE: dollar marginally higher

Bearish trend was seen in the interbank market on Wednesday as the rupee shed three paisa against dollar for buying and selling at Rs 60.42 and Rs 60.43 respectively, dealers said. Higher import bills increased the dollar demand as the importers were cons
Published 26 Jul, 2007 12:00am
Lawyers now eyeing ending dictatorship: Munir Malik

Lawyers now eyeing ending dictatorship: Munir Malik

President Supreme Court Bar Association Munir A. Malik has said that they will study the verdict of Supreme Court of Pakistan in detail and then decide to file a petition in apex court to block the re-election of President Musharraf from the outgoing asse
Published 26 Jul, 2007 12:00am
THE RUPEE: dollar marginally higher

THE RUPEE: dollar marginally higher

Bearish trend was seen in the interbank market on Wednesday as the rupee shed three paisa against dollar for buying and selling at Rs 60.42 and Rs 60.43 respectively, dealers said. Higher import bills increased the dollar demand as the importers were cons
Published 26 Jul, 2007 12:00am
Balochistan declared calamity-hit: Jam

Balochistan declared calamity-hit: Jam

Chief Minister Balochistan Jam Mohammad Yusuf has said that federal government has declared Balochistan a calamity hit province after which agriculture related taxes and loans out-standing against farmers have been automatically waived off.
Published 26 Jul, 2007 12:00am
US envoy meets General Ehsan

US envoy meets General Ehsan

US Ambassador Mrs Anne W Patterson on Wednesday visited Joint Staff Headquarters and called on Chairman Joint Chiefs of Staff Committee General Ehsan Ul Haq.
Published 26 Jul, 2007 12:00am
Insurgent attacks doubled along border: US general

Insurgent attacks doubled along border: US general

Insurgent attacks along the Pakistan-Afghan border doubled in June over the previous year and foreign fighters have flowed into Afghanistan from the Middle East in greater numbers, a US commander said on Wednesday.
Published 26 Jul, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (July 25, 2007).

Published 26 Jul, 2007 12:00am
Honda Atlas Cars' profit declines

Honda Atlas Cars' profit declines

The profit after tax of Honda Atlas Cars (Pakistan) Limited has declined to Rs 20.228 million in the first quarter ended on June 30 as compared to Rs 120.819 million in the same period last year. The earning per share of the company stood at Rs 0.28 in th
Published 26 Jul, 2007 12:00am
Honda Atlas Cars' profit declines

Honda Atlas Cars' profit declines

The profit after tax of Honda Atlas Cars (Pakistan) Limited has declined to Rs 20.228 million in the first quarter ended on June 30 as compared to Rs 120.819 million in the same period last year. The earning per share of the company stood at Rs 0.28 in th
Published 26 Jul, 2007 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Wednesday (July 25, 2007).

Published 26 Jul, 2007 12:00am
Wapda clarification

Wapda clarification

Wapda has termed as "baseless and incorrect" a news item captioned "Cheap material being used in Kachhi canal construction", published in Business Recorder on July 23 A clarification faxed by Wapda said that "the construction material being used at
Published 26 Jul, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Jul, 2007 12:00am
Shaukat talks to Norwegian Prime Minister on phone

Shaukat talks to Norwegian Prime Minister on phone

Prime Minister Shaukat Aziz on Wednesday spoke on telephone with Prime Minister of Norway Jens Stoltenberg. Both the Prime Ministers, who had been co-chairs of the UN reforms panel, discussed the implementation of UN reforms to improve coherence and effec
Published 26 Jul, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Jul, 2007 12:00am
Taliban commander killed in Chaman

Taliban commander killed in Chaman

Unidentified gunmen shot dead a Taliban commander outside his home in Chaman, police said on Wednesday. Qari Naimatullah, who was teaching at Madrassah in the main border crossing town of Chaman, was attacked by two gunmen when he was returning home late
Published 26 Jul, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 26 Jul, 2007 12:00am
Taliban commander killed in Chaman

Taliban commander killed in Chaman

Unidentified gunmen shot dead a Taliban commander outside his home in Chaman, police said on Wednesday. Qari Naimatullah, who was teaching at Madrassah in the main border crossing town of Chaman, was attacked by two gunmen when he was returning home late
Published 26 Jul, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (July 25, 2007).

Published 26 Jul, 2007 12:00am
Three gunned down in Khuzdar

Three gunned down in Khuzdar

Three people were killed and three others injured when assailants opened fire at an engineering survey team in Zehri, Khuzdar district on Wednesday, police said.
Published 26 Jul, 2007 12:00am
Three gunned down in Khuzdar

Three gunned down in Khuzdar

Three people were killed and three others injured when assailants opened fire at an engineering survey team in Zehri, Khuzdar district on Wednesday, police said.
Published 26 Jul, 2007 12:00am
Tanners ignore EU warning against toxic waste treatment

Tanners ignore EU warning against toxic waste treatment

European Union (EU) has once again warned the tanneries, discharging toxic waste without any treatment, and threatened to cancel their export orders. According to a survey, of the total of 200 tanneries, only 100 are discharging the waste after treating i
Published 26 Jul, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 Jul, 2007 12:00am
Tanners ignore EU warning against toxic waste treatment

Tanners ignore EU warning against toxic waste treatment

European Union (EU) has once again warned the tanneries, discharging toxic waste without any treatment, and threatened to cancel their export orders. According to a survey, of the total of 200 tanneries, only 100 are discharging the waste after treating i
Published 26 Jul, 2007 12:00am
Tanners ignore EU warning against toxic waste treatment

Tanners ignore EU warning against toxic waste treatment

European Union (EU) has once again warned the tanneries, discharging toxic waste without any treatment, and threatened to cancel their export orders. According to a survey, of the total of 200 tanneries, only 100 are discharging the waste after treating i
Published 26 Jul, 2007 12:00am
Glaxo's $25 billion buyback softens Avandia blow

Glaxo's $25 billion buyback softens Avandia blow

GlaxoSmithKline Plc nearly tripled its share buyback programme to 12 billion pounds ($25 billion) on Wednesday, boosting its shares even as sliding sales of diabetes drug Avandia held back second-quarter profit.
Published 26 Jul, 2007 12:00am
Reckitt second quarter profit rises

Reckitt second quarter profit rises

Reckitt Benckiser, the world's biggest household cleaning-products maker, beat forecasts with a 33 percent rise in second-quarter profits, thanks to cost cuts and new product sales, and is set to exceed its 2007 targets.
Published 26 Jul, 2007 12:00am
Reckitt second quarter profit rises

Reckitt second quarter profit rises

Reckitt Benckiser, the world's biggest household cleaning-products maker, beat forecasts with a 33 percent rise in second-quarter profits, thanks to cost cuts and new product sales, and is set to exceed its 2007 targets.
Published 26 Jul, 2007 12:00am
Peugeot profit buoyed as sales on road to recovery

Peugeot profit buoyed as sales on road to recovery

PSA Peugeot Citroen, Europe's second biggest car maker, reported a 22 percent rise in first half operating profit on Wednesday, after cutting costs and reversing a decline in European market share with new models.
Published 26 Jul, 2007 12:00am
Peugeot profit buoyed as sales on road to recovery

Peugeot profit buoyed as sales on road to recovery

PSA Peugeot Citroen, Europe's second biggest car maker, reported a 22 percent rise in first half operating profit on Wednesday, after cutting costs and reversing a decline in European market share with new models.
Published 26 Jul, 2007 12:00am
ISE: bulls stage comeback

ISE: bulls stage comeback

Bulls returned in the front seat on Wednesday at the Islamabad Stock Exchange where fresh buying spree in hot favourites moved the entire ready-board in upward direction amid increase in index. ISE Ten Index gained 12.25 points as the index moved from 3,0
Published 26 Jul, 2007 12:00am
ISE: bulls stage comeback

ISE: bulls stage comeback

Bulls returned in the front seat on Wednesday at the Islamabad Stock Exchange where fresh buying spree in hot favourites moved the entire ready-board in upward direction amid increase in index. ISE Ten Index gained 12.25 points as the index moved from 3,0
Published 26 Jul, 2007 12:00am
Mixed trend on LSE

Mixed trend on LSE

Shares moved both ways on the Lahore Stock Exchange (LSE) on Wednesday, but finally closed in the green zone after they recovered their position and amid the descending transaction volume because investors lacked interest.
Published 26 Jul, 2007 12:00am
Mixed trend on LSE

Mixed trend on LSE

Shares moved both ways on the Lahore Stock Exchange (LSE) on Wednesday, but finally closed in the green zone after they recovered their position and amid the descending transaction volume because investors lacked interest.
Published 26 Jul, 2007 12:00am