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Print - 2007-10-07
Dubai Ports eyes $3.5 billion IPO by November-end

Dubai Ports eyes $3.5 billion IPO by November-end

Dubai government-owned port operator DP World plans to raise as much as $3.5 billion in an initial public offering by the end of next month, the Middle East Economic Digest reported on Saturday.
Published 07 Oct, 2007 12:00am
Dubai Ports eyes $3.5 billion IPO by November-end

Dubai Ports eyes $3.5 billion IPO by November-end

Dubai government-owned port operator DP World plans to raise as much as $3.5 billion in an initial public offering by the end of next month, the Middle East Economic Digest reported on Saturday.
Published 07 Oct, 2007 12:00am
European Stocks: retail data, inflation eyed

European Stocks: retail data, inflation eyed

Strong US jobs data on Friday set the tone for resilience in European equities next week as investors took heart from signs of economic growth, while trading updates from a batch of UK firms will be in focus.
Published 07 Oct, 2007 12:00am
Argentine stocks, bonds gain

Argentine stocks, bonds gain

Argentine stocks and bonds gained on Friday as interest in emerging markets assets perked up after better-than-expected US jobs data eased fear of a recession in the world's biggest consumer nation. The MerVal index of 25 leading stocks added 1.03 percent
Published 07 Oct, 2007 12:00am
Argentine stocks, bonds gain

Argentine stocks, bonds gain

Argentine stocks and bonds gained on Friday as interest in emerging markets assets perked up after better-than-expected US jobs data eased fear of a recession in the world's biggest consumer nation. The MerVal index of 25 leading stocks added 1.03 percent
Published 07 Oct, 2007 12:00am
Mexican stocks rally

Mexican stocks rally

Mexican stocks rose sharply on Friday after a solid US job report soothed concerns about the outlook for economic growth in the United States, Mexico's top trading partner. The benchmark IPC stock index moved up 1.49 percent to 31,540.94 points, led by a
Published 07 Oct, 2007 12:00am
Toronto stocks jump

Toronto stocks jump

The Toronto Stock Exchange's main index jumped more than 100 points on Friday, mirroring Thursday's gain, lifted by soaring shares of Research In Motion (RIM) and better-than-expected jobs data in Canada and the United States. The S&P/TSX composite index
Published 07 Oct, 2007 12:00am
Canadian bond prices fall

Canadian bond prices fall

The Canadian bond prices took a sharp turn lower on Friday given the upbeat domestic data, while a US jobs report that also topped expectations did little to reverse the negative sentiment on bond prices.
Published 07 Oct, 2007 12:00am
Canadian bond prices fall

Canadian bond prices fall

The Canadian bond prices took a sharp turn lower on Friday given the upbeat domestic data, while a US jobs report that also topped expectations did little to reverse the negative sentiment on bond prices.
Published 07 Oct, 2007 12:00am
China's Alibaba.com wins Hong Kong IPO approval

China's Alibaba.com wins Hong Kong IPO approval

Alibaba.com, China's largest e-commerce company, has won approval from the Hong Kong Stock Exchange for a long-anticipated IPO expected to be worth roughly US $1 billion, sources familiar with the deal said.
Published 07 Oct, 2007 12:00am
China's Alibaba.com wins Hong Kong IPO approval

China's Alibaba.com wins Hong Kong IPO approval

Alibaba.com, China's largest e-commerce company, has won approval from the Hong Kong Stock Exchange for a long-anticipated IPO expected to be worth roughly US $1 billion, sources familiar with the deal said.
Published 07 Oct, 2007 12:00am
Dow and S&P rise to all-time highs

Dow and S&P rise to all-time highs

The Dow and the S&P 500 surged to all-time highs on Friday after a solid employment report rekindled optimism about the US economy and corporate profits. The economy added more jobs in September than economists had expected, while an earlier estimate of j
Published 07 Oct, 2007 12:00am
Goldman doubts dollar to carry trade

Goldman doubts dollar to carry trade

Goldman Sachs is asking whether the US dollar is set to become a major funding currency for the carry trade. Perhaps, if US rates drop to another percentage point to 3.75 percent or lower, was the answer in a note on Friday.
Published 07 Oct, 2007 12:00am
Canadian dollar takes off on jobs data

Canadian dollar takes off on jobs data

The Canadian dollar raced higher versus the US currency on Friday and closed above par for the sixth straight session as strong domestic jobs data all but eliminated the chance for a Bank of Canada interest rate cut.
Published 07 Oct, 2007 12:00am
Dollar falls, unable to shake gloom

Dollar falls, unable to shake gloom

The dollar fell on Friday as a solid US employment report was not enough to convince investors the US economy is growing fast enough to keep the Federal Reserve from cutting interest rates again. The greenback rose sharply after the data showed September
Published 07 Oct, 2007 12:00am
IMM speculators extend bets versus US dollar

IMM speculators extend bets versus US dollar

Currency speculators increased positions against the US dollar to the biggest of the year for the second straight week, data from the Commodity Futures Trading Commission showed on Friday. The value of International Monetary Market speculators' net short
Published 07 Oct, 2007 12:00am
Forex outlook: bearish tone to hold down dollar into next week

Forex outlook: bearish tone to hold down dollar into next week

Investors will likely keep downward pressure on the dollar next week as worries over the health of the economy linger despite a relatively strong labour market. A raft of economic reports, including minutes of the Federal Reserve's September 18 policy mee
Published 07 Oct, 2007 12:00am
Taiwan dollar ends flat

Taiwan dollar ends flat

The Taiwan dollar held steady on Friday in light trade, as wary investors awaited US jobs data due later in the day and after the central bank intervened in the market earlier in the week. The Taiwan dollar closed at T$32.597 to the US dollar, barely chan
Published 07 Oct, 2007 12:00am
Henin in Stuttgart final

Henin in Stuttgart final

World number one Justine Henin is into the final of Stuttgart's WTA tournament after a marathon tussle with third seed Jelena Jankovic in the best game of the tournament so far. This was the sixth consecutive time this season - and the fourth semi-final -
Published 07 Oct, 2007 12:00am
Inzamam swansong could distract Pakistan: Smith

Inzamam swansong could distract Pakistan: Smith

South African captain Graeme Smith said Inzamam-ul-Haq's swansong in international cricket could distract Pakistan in their must-win second Test starting in Lahore on Monday. The tourists are 1-0 up in the two-match series after convincingly beating Pakis
Published 07 Oct, 2007 12:00am
Ronaldo's double sends United top of the table

Ronaldo's double sends United top of the table

Cristiano Ronaldo struck twice as Manchester United blew away their goalscoring woes with an emphatic 4-0 victory against Wigan that sent them top of the Premier League on Saturday.
Published 07 Oct, 2007 12:00am
Razzano wins Japan Open title

Razzano wins Japan Open title

France's Virginie Razzano posted a stunning upset victory over reigning Wimbledon champion Venus Williams to win the women's singles title at the Japan Open tennis tournament on Saturday.
Published 07 Oct, 2007 12:00am
Track star Marion Jones admits steroid use

Track star Marion Jones admits steroid use

US sprint star Marion Jones finally stopped running from the truth on Friday, admitting she took banned steroids prior to her triumphant 2000 Olympic campaign. The belated confession, after years of vehement doping denials, could see her stripped of the f
Published 07 Oct, 2007 12:00am
Shoaib Akhtar set to join IPL

Shoaib Akhtar set to join IPL

Under-fire Pakistani paceman Shoaib Akhtar is set to play for a recognised Indian league next year, saying he has sought permission from Pakistan's cricket authorities. "I have been approached by the Indian Premier League (IPL) and I have applied for perm
Published 07 Oct, 2007 12:00am
British Prime Minister 'to rule out early election'

British Prime Minister 'to rule out early election'

Prime Minister Gordon Brown is expected to end weeks of speculation by announcing he will not call an early general election, reports said Saturday in a move likely to be seized on by opposition parties.
Published 07 Oct, 2007 12:00am
Suicide attack kills one coalition soldier, five Afghans

Suicide attack kills one coalition soldier, five Afghans

A suicide car bomb struck a US-led coalition convoy near the Kabul airport Saturday, killing one soldier and five Afghans in the latest in a string of attacks by the extremist Taliban, officials said.
Published 07 Oct, 2007 12:00am
Ariane 5 puts US, Australian satellites into orbit

Ariane 5 puts US, Australian satellites into orbit

An Ariane 5 rocket blasted off here on Friday and put into orbit an Australian and US television satellites, Arianespace said. The rocket, the 34rd launch of an Ariane 5 and the fourth this year, lifted off at 2202 GMT and successfully placed both satelli
Published 07 Oct, 2007 12:00am
Kenya's opposition launches campaign against Kibaki

Kenya's opposition launches campaign against Kibaki

Dancing and singing in a Nairobi park, tens of thousands of Kenyans launched the opposition's election campaign on Saturday buoyed by opinion polls putting their leader ahead of President Mwai Kibaki.
Published 07 Oct, 2007 12:00am
Haniya calls on Arabs to boycott peace meeting

Haniya calls on Arabs to boycott peace meeting

Senior Hamas leader and former Palestinian prime minister Ismail Haniya has called on Arab countries to boycott a US-sponsored Middle East peace meeting due to be held next month.
Published 07 Oct, 2007 12:00am
Thousands march in Baghdad against new US wall

Thousands march in Baghdad against new US wall

More than a thousand Iraqis marched in west Baghdad on Saturday in a rare public demonstration to protest against a wall they say the US military is planning to erect around their neighbourhood. Carrying an Iraqi national flag and banners condemning the w
Published 07 Oct, 2007 12:00am
Iran re-opens border with Iraq

Iran re-opens border with Iraq

Iran will re-opens its border with Iraq on Sunday after a two-week closure to protest at the detention of an Iranian by US troops, the semi-official news agency Fars reported.
Published 07 Oct, 2007 12:00am
NRO promulgation: 'sad day in Pakistan's history'

NRO promulgation: 'sad day in Pakistan's history'

Transparency International Pakistan has declared that October 5, 2007 was a sad day in Pakistan's history due to the promulgation of National Reconciliation Ordinance 2007 (NRO) for provisions of granting general amnesty on corruption charges to the holde
Published 07 Oct, 2007 12:00am
Rules of Procedure: body presents three reports in Senate

Rules of Procedure: body presents three reports in Senate

Senate's Committee on Rules of Procedure and Privileges' Chairman Senator Colonel Syed Tahir Hussain Mashhadi (Retd) on Saturday presented three reports of the committee in the Senate. The first report was regarding raid and search by police party at resi
Published 07 Oct, 2007 12:00am
PM&E cell functioning suffers as key posts lying vacant

PM&E cell functioning suffers as key posts lying vacant

The Project Monitoring and Evaluation Cell (PM&E) established in the communication ministry could not function fully as most of its positions at senior level are still lying vacant, sources told Business Recorder here on Saturday.
Published 07 Oct, 2007 12:00am
With virtually no pension system Chinese fear getting old

With virtually no pension system Chinese fear getting old

"Those who have borne a son can quietly grow old," is an oft-repeated Chinese saying. But in their rapidly-ageing society, many Chinese find themselves overwhelmed by the financial responsibility for their parents. "My parents are relying on my help. But
Published 07 Oct, 2007 12:00am
Guevera kids in Tehran: 'Che would have supported Iran'

Guevera kids in Tehran: 'Che would have supported Iran'

Nobody will ever know whether Marxist revolutionary Che Guevera, who was killed in 1967, would have viewed Iran and its clergy system as a close ally against the United States. Two of his children, however, firmly believe that their legendary father would
Published 07 Oct, 2007 12:00am
Phone faults

Phone faults

PTCL Exchange at Gulistan-e-Jauhar, Karachi is completely messed up with lack of attention and ignorance to customer services, negligence of duties and mismanagement.
Published 07 Oct, 2007 12:00am
Wheat crisis

Wheat crisis

Who is responsible for the present wheat and wheat flour crisis prevalent in the country, in spite of having a record crop of over 23 million tons of wheat this summer? The blame game is on.
Published 07 Oct, 2007 12:00am
Foreign investors eye deals in Russian Olympic city

Foreign investors eye deals in Russian Olympic city

Looking out over the Caucasus mountains from his busy construction site, British property developer Tom Rawlins has reason to feel more than a little pleased with himself. "If you know what you're doing, you can make a lot of money here," said Rawlins, wh
Published 07 Oct, 2007 12:00am
Home 'flippers' were following American Dream

Home 'flippers' were following American Dream

Sherrill Zenie said all she wanted was a piece of the American Dream, but what she got was "a kick in the rear." Zenie is one of a legion of a relatively new type of homeowner, a "flipper," who sought fast money by rapidly buying and selling homes to capt
Published 07 Oct, 2007 12:00am
Corporate social responsibility: trends and types in Pakistan

Corporate social responsibility: trends and types in Pakistan

Corporate Social Responsibility (CSR) is a recent development in Pakistan. Although individuals and businesses have been indulging in philanthropy and voluntary giving since long, the concept of CSR and its allied practices are relatively new to the socio
Published 07 Oct, 2007 12:00am
Fata uplift

Fata uplift

Pakistani and US representatives signed a much anticipated agreement in Islamabad recently under which the US will provide economic assistance worth $750 million for the economic uplift of the Federally Administered Tribal Areas (FATA). An amount of $105
Published 07 Oct, 2007 12:00am
No escape from mealy bugs?

No escape from mealy bugs?

Shocking indeed it is to learn from a Recorder Report that the government has failed to rescue the cotton crop already caught in a mealy bug attack in various districts. The shock is the greater because of the fact that learning the right lessons f
Published 07 Oct, 2007 12:00am
Time to recognise man's right to water

Time to recognise man's right to water

According to a report of the World Bank on 'Pakistan Strategic Country Environmental Assessment,' there is no system to regularly monitor drinking water quality, in terms of neither the source of supply nor its purpose for the user.
Published 07 Oct, 2007 12:00am
PCRA puts off strike call

PCRA puts off strike call

The Pakistan Chemist and Retailers Association (PCRA) postponed their general strike call between October 6 and 21 against the Punjab Drug Rules 2007 after a string of negotiations with Punjab Health Department officials.
Published 07 Oct, 2007 12:00am
Scarcity of teachers termed main obstacle in achieving targets

Scarcity of teachers termed main obstacle in achieving targets

The goal of providing quality education to all children by 2015 could not be materialised without an additional 18 million new teachers world wide. "The growing shortage of qualified teachers is the main challenge to the realisation of international educa
Published 07 Oct, 2007 12:00am
Ministers congratulate Musharraf on re-election

Ministers congratulate Musharraf on re-election

Punjab Health Minister Chaudhry Muhammad Iqbal and Provincial Bait ul Maal Minister Chaudhry Muhammad Ejaz Shafi have congratulated President Pervez Musharraf on his re-election with thumping majority in presidential elections 2007.
Published 07 Oct, 2007 12:00am
MQM celebrates success

MQM celebrates success

Workers of Muttahida Qaumi Movement (MQM) held a rally from Punjab House to Mazar Data Gunj Buksh here on Saturday to celebrate success of General Pervez Musharraf in the presidential election. The rally was led by MQM Punjab Organiser Amanullah Khan, Sye
Published 07 Oct, 2007 12:00am
LHCBA vows to continue movement

LHCBA vows to continue movement

Lawyers boycotted courts, rallied on the Mall here protested against the presidential elections and staged a sit-in protest at the main gate of the Lahore High Court (LHC). The bar members wore black strips and hoisted black flags on the bar buildings. Th
Published 07 Oct, 2007 12:00am
Eid shopping gains momentum in Sialkot

Eid shopping gains momentum in Sialkot

The Eid shopping activities are at its peak in every nook and corner of the city and cantonment areas and great rush has been witnessed on shopping centres and commercial markets. As few days are left in Eid, different markets and bazaars that remained op
Published 07 Oct, 2007 12:00am
Government urged to address prevailing energy crisis

Government urged to address prevailing energy crisis

The multi-tranche loan of $510 million for the development of renewable energy by Asian Development Bank (ADB) would help in meeting the energy shortage, said Dr Hasan Sarosh Akram, President, Rawalpindi Chamber of Commerce and Industry (RCCI) here on Sat
Published 07 Oct, 2007 12:00am
Traders reject APDM strike call

Traders reject APDM strike call

City traders on Saturday rejected the strike call given by All Pakistan Democratic Movement (APDM) against the presidential election, and kept their businesses open throughout the day. All big and small markets and business centers in the provincial capit
Published 07 Oct, 2007 12:00am
Community participation in Fata projects stressed

Community participation in Fata projects stressed

NWFP Governor Lieutenant General Ali Muhammad Jan Aurakzai (Retd) Saturday received a presentation on South FATA Development Project and stressed upon increased community participation in the project activities, which he added was the spirit of this devel
Published 07 Oct, 2007 12:00am
'Perra and Erra engaged in putting quake into opportunity'

'Perra and Erra engaged in putting quake into opportunity'

The Provincial Earthquake and Rehabilitation Agency (Perra) and Erra, with the support of donors agencies, NGOs and Ingos, are engaged in rapidly converting the October 8 devastation's of earthquake into opportunity by bringing prosperity, and put them on
Published 07 Oct, 2007 12:00am
IBP and Karachi University sign MoU

IBP and Karachi University sign MoU

The Institute of Bankers (IBP) and University of Karachi have signed a Memorandum of Understanding (MoU) recently for launching an industry focused, high value MBA banking and finance programme beginning from the next year (2008).
Published 07 Oct, 2007 12:00am
Railway to run special trains

Railway to run special trains

In order to facilitate the passengers with less fare Pakistan Railway (PR) would run almost twenty-two special trains from different main cities so that people can easily reach their designated places without facing any sort of disturbance or difficulty.
Published 07 Oct, 2007 12:00am
KWSB urged to increase water supply to Site

KWSB urged to increase water supply to Site

Site industrialists have urged the government to make efforts to improve water supply in Site industrial area. Talking to Business Recorder, Rafiq Bashir an industrialist of the area said that total requirement of the area was around 30 mgd, wherea
Published 07 Oct, 2007 12:00am
Saarc chamber calls for more liberal visa regime

Saarc chamber calls for more liberal visa regime

Symposium on "doing business in South Asia" has called for a more liberal visa regime, better transport links and harmonisation of standards in the region to promote intra-regional trade. One-day symposium, which discussed constraints and impediments, was
Published 07 Oct, 2007 12:00am
Seminar on 'Muslim Extremism and Islam' on October 8

Seminar on 'Muslim Extremism and Islam' on October 8

Amid growing extremist tendencies in the name of religion in certain parts of the country and in the general public interest, SDPI will organise a seminar on 'Muslim Extremism and Islam' on Monday.
Published 07 Oct, 2007 12:00am
OIC urged to resolve Kashmir issue

OIC urged to resolve Kashmir issue

Former Azad Jammu Kashmir (AJK) Prime Minister and President Peoples Muslim League (PML) Barrister Sultan Mehmood Chaudhry has urged Islamic countries to help resolve the Kashmir issue. He spoke at an iftar dinner hosted by PML leaders of Saudi Arabia in
Published 07 Oct, 2007 12:00am
'Revolutionary steps taken for health facilities improvement'

'Revolutionary steps taken for health facilities improvement'

District Nazim Hyderabad Kanwar Naveed Jamil has said that provision of health facilities to the people at their nearest is one of the top priorities of the District government and in this direction revolutionary steps have been initiated for development
Published 07 Oct, 2007 12:00am
Government fails to control dengue virus in metropolis: PMA

Government fails to control dengue virus in metropolis: PMA

The number of Dengue fever patients is continuously increasing in the city, as nine, out of the 32 suspected cases reported during the last 24 hours, have been confirmed as Dengue patients, sources told Business Recorder on Saturday.
Published 07 Oct, 2007 12:00am
Australian consultants to evaluate citrus, mango projects: PHDEB

Australian consultants to evaluate citrus, mango projects: PHDEB

Australian consultants would visit Pakistan next month to evaluate ongoing citrus and mango projects here, according to Pakistan Horticulture Development and Export Board (PHDEB). The projects are joint ventures under the Agriculture Sector Linkages Progr
Published 07 Oct, 2007 12:00am
DC orders to ensure flour availability in Islamabad

DC orders to ensure flour availability in Islamabad

The Acting Deputy Commissioner (DC), Islamabad, Amir Ali Ahmad has directed the district food controller and flour dealers to ensure abundant flour supply in markets on the eve of Eid-ul-Fitar.
Published 07 Oct, 2007 12:00am
UAF scholar develops value-added food items

UAF scholar develops value-added food items

Food scientists of National Institute of Food Science & Technology (NIFST), University of Agriculture Faisalabad (UAF), have made significant breakthrough in producing a variety of value-added foods from cereals, meat, milk, fruits and vegetables.
Published 07 Oct, 2007 12:00am
Opposition rejects National Reconciliation Ordinance

Opposition rejects National Reconciliation Ordinance

Opposition parties belonging to All Parties Democratic Movement (APDM) has demanded that a commission comprising the senior judges should be formed to examine the cases against the politicians who had allegedly plundered the national wealth.
Published 07 Oct, 2007 12:00am
India urged to release detained Kashmiris

India urged to release detained Kashmiris

In occupied Kashmir, Jammu and Kashmir People's Movement Chairman Ghulam Ahmed Mir has called upon India to announce unconditional release of all the illegally detained Kashmiris on the eve of Eid-ul-Fitr.
Published 07 Oct, 2007 12:00am
Gilani for troop pullout from IHK

Gilani for troop pullout from IHK

Senior Kashmiri Hurriyat leader Syed Ali Gilani has said the ongoing liberation struggle would continue till last Indian occupied soldier leaves occupied Kashmir. Addressing a public gathering in Sopore town, he said occupied Kashmir has been turned into
Published 07 Oct, 2007 12:00am
Punjab spends Rs 23 billion on health facilities

Punjab spends Rs 23 billion on health facilities

The Punjab government is spending a huge sum of Rs 23 billion annually to provide medical facilities to the people at their doorstep. Sources in the health department told APP that the incumbent government is focusing on provision of best possible health
Published 07 Oct, 2007 12:00am
Plan to set up social security hospitals in Punjab

Plan to set up social security hospitals in Punjab

Provincial government has initiated a well-knitted plan for setting up modern social security hospitals in major industrial towns of the Punjab. Official sources told Business Recorder here on Saturday that these hospitals were being constructed at
Published 07 Oct, 2007 12:00am
Soomro, Wasim condole with Mirani, Javed Hashmi

Soomro, Wasim condole with Mirani, Javed Hashmi

Chairman Senate Mohammedmian Soomro has expressed his deep grief and sorrow over the demise of wife of Aftab Shaaban Mirani former Chief Minister Sindh. She died of heart attack in Karachi on Friday.
Published 07 Oct, 2007 12:00am
Minister terms October 6 a historic day

Minister terms October 6 a historic day

Minister for Inter-Provincial Co-ordination Salim Saifullah Khan has termed October 6 a historic day for the country. Talking to APP here on Saturday he said that the unity and strength of the PML (Q) and its allied parties demonstrated in presidential el
Published 07 Oct, 2007 12:00am
National Foods endorses excellent financial results

National Foods endorses excellent financial results

The 36th annual general meeting (AGM) held on Friday, of one of the most diversified food companies in the country, National Foods Ltd, endorsed the excellent financial results achieved for the financial year ending June 30. A final cash dividend of Rs tw
Published 07 Oct, 2007 12:00am
National Foods endorses excellent financial results

National Foods endorses excellent financial results

The 36th annual general meeting (AGM) held on Friday, of one of the most diversified food companies in the country, National Foods Ltd, endorsed the excellent financial results achieved for the financial year ending June 30. A final cash dividend of Rs tw
Published 07 Oct, 2007 12:00am
APDM's strike call fizzles out

APDM's strike call fizzles out

The strike call given by APDM completely fizzled out in the industrial city, while partial shutter down strike was observed in few pockets of downtown area against the presidential election on Saturday.
Published 07 Oct, 2007 12:00am
Shoaib Akhtar appears before PCB body

Shoaib Akhtar appears before PCB body

Fast bowler Shoaib Akhtar on Saturday appeared before a three-member disciplinary committee in the inquiry he was facing the charge of indiscipline. Shoaib Akhtar gave some documents to the inquiry committee members in his favour.
Published 07 Oct, 2007 12:00am
Private TV channels transmission remained suspended

Private TV channels transmission remained suspended

Television programme of private television channels had been mysteriously suspended in several areas of the Federal Capital on Saturday compelling the weavers to watch government television channel.
Published 07 Oct, 2007 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Candidate for the President of Pakistan office General Pervez Musharraf received 252 votes at the Senate/National Assembly booth on Saturday. There was never an iota of doubt that Musharraf would not win. Justice Muhammad Farooq the Chief Election Commiss
Published 07 Oct, 2007 12:00am
Spiralling price hike hits Eid shopping

Spiralling price hike hits Eid shopping

As the Eidul Fitr is just around the corner, the shopping spree in the city has geared up and bazaars and shopping centres are becoming crowded and jam-packed, but the spiralling and unabated price hike has shrunk and crippled down the purchasing power of
Published 07 Oct, 2007 12:00am
Musharraf's re-election victory of people: Arbab

Musharraf's re-election victory of people: Arbab

Sindh Chief Minister Dr Arbab Ghulam Rahim has described the election of Pervez Musharraf as President, the victory of the people as it will help in smooth transfer of power and strengthening of democracy further.
Published 07 Oct, 2007 12:00am
WPF programme for youths

WPF programme for youths

The World Population Foundation (WPF) is organising a two-day "Life skills based education programme: national learning forum. Uniting for change" on October 8 and 9 at a local hotel.
Published 07 Oct, 2007 12:00am
Pemra bans bliss communication network

Pemra bans bliss communication network

The field inspection team of Pakistan Electronic Media Regulatory Authority (Pemra) has banned a Cable Television Network namely Bliss Communication Network (BCN) for relaying proscribed/prohibited channels and exclusive in-house CD channels here on Satur
Published 07 Oct, 2007 12:00am
Musharraf-PPP deal divides legal fraternity

Musharraf-PPP deal divides legal fraternity

The 'deal' between General Pervaz Musharraf and Pakistan People Party (PPP), of which the recently promulgated National Reconciliation Ordinance came as an outcome, has not only created hiccup in the political spectrum but also led to rift in ranks of leg
Published 07 Oct, 2007 12:00am
Wajih surprised over strike call failure

Wajih surprised over strike call failure

Justice Wajihuddin (Retd) on Saturday expressed surprise over the failure of opposition leadership to make their strike call a success. Talking to a private television channel Wajihuddin said that it is a strange situation and the people of Pakistan are c
Published 07 Oct, 2007 12:00am
Presidential poll marred with violence: PML-N

Presidential poll marred with violence: PML-N

Pakistan Muslim League-Nawaz (PML-N) Finance Secretary Mohammad Pervaiz Malik has said that against the claims of government, the presidential elections were marred with protests, violence, resignations, disintegration of political fabrics and the preside
Published 07 Oct, 2007 12:00am
Musharraf's re-election constitutional violation: Ahsan

Musharraf's re-election constitutional violation: Ahsan

Pakistan Muslim League (N) Information Secretary Ahsan Iqbal has termed re-election of Pervez Musharraf in uniform from the present assemblies as worst example of rigging and violation of constitution.
Published 07 Oct, 2007 12:00am
Outgoing generals' services lauded

Outgoing generals' services lauded

Outgoing Chairman Joint Chiefs of Staff Committee General Ehsan-ul-Haq and Vice Chief of Army Staff General Ahsan Saleem Hayat paid farewell calls on President General Pervez Musharraf here on Saturday.
Published 07 Oct, 2007 12:00am
NRO challenged

NRO challenged

A Lahore High court Bar Association (LHCBA) member has challenged the 2007 National Reconciliation Ordinance (NRO), telling the court to declare it as illegal unconstitutional and promulgated without lawful authority. Petitioner Nasrullah Khan Babar argue
Published 07 Oct, 2007 12:00am
LHCBA issues notice

LHCBA issues notice

A Lahore High Court Bar Association (LHCBA) member has issued a legal notice to President Pervez Musharraf, Prime Minister Shaukat Ali and Mushahid Hussain to promulgate the 2007 National Reconciliation Ordinance (NRO).
Published 07 Oct, 2007 12:00am
APDM organises rallies against re-election

APDM organises rallies against re-election

Like in other parts of the country, All Parties Democratic Movement NWFP chapter also took out rallies and staged protest camps at various places in the provincial metropolis against the presidential election.
Published 07 Oct, 2007 12:00am
NRO to benefit all political parties: PPP

NRO to benefit all political parties: PPP

Pakistan Peoples Party leader Shah Mehmood Qureshi has said that the National Reconciliation Ordinance (NRO) is for all political parties not only for the PPP.
Published 07 Oct, 2007 12:00am
People celebrate victory in Gwadar

People celebrate victory in Gwadar

Pakistan Muslim League (PML) workers led by senior party leader from the area, Ashraf Iqbal Baloch held a rally to celebrate the re-election of General Pervez Musharraf as President of Pakistan.
Published 07 Oct, 2007 12:00am
33 votes polled for President

33 votes polled for President

Total of 33 out of 38 votes was cast in the Balochistan assembly during the presidential election on Saturday. All 33 votes were polled in favour of General Pervez Musharraf while no vote was cast for the lawyer's representative, former Justice Wajihuddin
Published 07 Oct, 2007 12:00am
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