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Print - 2007-11-12
Islamic finance, inclusive growth and poverty alleviation

Islamic finance, inclusive growth and poverty alleviation

Most of the attention on Islamic finance has so far been focused on the regulatory framework, products and services offered, comparability with conventional finance, risk management characteristics, Shariah compliance, and expansion and penetration issues
Published 12 Nov, 2007 12:00am
Towards a regional commercial hub

Towards a regional commercial hub

Pakistan took an important step towards the realisation of its dream to serve as the region's commercial hub when the Karachi Port Trust and a Hong Kong based company, Hutchinson Port Holdings (HPH), singed an agreement in Islamabad on Thursday for the co
Published 12 Nov, 2007 12:00am
Benazir's response

Benazir's response

The PPP's slow and calibrated response to the November 3 proclamation of 'emergency' (actually, martial law) has started to give way to a hardening of stance. At the press conference she addressed following a meeting of a much shrunk Alliance for the Rest
Published 12 Nov, 2007 12:00am
Erra and Turkish Red Cross sign MoU today

Erra and Turkish Red Cross sign MoU today

Earthquake Reconstruction and Rehabilitation Authority (Erra) and Turkish Red Cross will sign a Memorandum of Understanding here at ERRA Headquarter on Monday. The MoU would be meant on construction of a mosque in district Bagh of Azad Jammu and Kashmir t
Published 12 Nov, 2007 12:00am
Quaid-e-Azam University students protest against emergency

Quaid-e-Azam University students protest against emergency

Hundreds of students and faculty of Quaid-e-Azam University continued their protest against the emergency, imposed by General Musharraf, marching across the campus chanting slogans against military dictatorship and state repression. They strongly condemne
Published 12 Nov, 2007 12:00am
Release order of 12 lawyers issued

Release order of 12 lawyers issued

Special Court, Anti-terrorism, No 2 Multan, headed by Amir Muhammad Khan on Saturday passed release orders of as many as Twelve lawyers who were arrested on November 7 from District Bar premises and outside. When the community had announced to hold protes
Published 12 Nov, 2007 12:00am
Revised draft of national education policy ready for approval: Anisa

Revised draft of national education policy ready for approval: Anisa

Minister of State for Education Anisa Zeb Tahirkehli said on Sunday the revised draft of national education policy had been finalised and would be presented to cabinet for approval soon. She was talking to 20-student delegation of University of Balochista
Published 12 Nov, 2007 12:00am
Bookies freely operating in Kasur

Bookies freely operating in Kasur

The authorities failed to crack down on the bookies (a racket involved gambling on cricket matches), as several made fortunes and as many lost millions of rupees in Kasur and its adjacent districts in the third one-day-international match between Pakistan
Published 12 Nov, 2007 12:00am
PML to defeat PPP in polls, claims Pervaiz

PML to defeat PPP in polls, claims Pervaiz

Punjab Chief Minister Chaudhry Pervaiz Elahi has said "we would not let Benazir Bhutto runaway and she would have to account for her corruption, plundering the national coffers and we would prove her 'crimes' in People's court by giving crushing defeat in
Published 12 Nov, 2007 12:00am
Journalists set up token hunger strike camp at LPC

Journalists set up token hunger strike camp at LPC

Journalists of print and electronic media here on Sunday set up a token hunger strike camp at Lahore Press Club against the restrictions on electronic media in the country. Several journalists participated in the token hunger strike camp. They raised slog
Published 12 Nov, 2007 12:00am
Army peace-keeping batch leaves for Sudan

Army peace-keeping batch leaves for Sudan

A batch of 78 military personnel led by Colonel Anjum Irshad Commander Pakistan Army Peace keeping contingent left here on Sunday morning by a specially chartered UN aircraft on United Nations Mission in Sudan (UNMIS). According to an ISPR press release,
Published 12 Nov, 2007 12:00am
India amongst world's 10 most gender-biased economies

India amongst world's 10 most gender-biased economies

Indian women's empowerment is still a long way, as the World Economic Forum's report has put the country among the bottom 10 when it comes to their participation in economic agenda. According to the world economic forum's latest gender gap index report re
Published 12 Nov, 2007 12:00am
Mineral Geo Data Centre completed

Mineral Geo Data Centre completed

Punjab Minister for Mines & Minerals Muhammad Sibtain Khan has said that Mineral Geo Data Centre project has been completed, which will be very helpful for concerned people of mineral industry and government has displayed all the samples of minerals in th
Published 12 Nov, 2007 12:00am
APDM holds demonstration against emergency

APDM holds demonstration against emergency

All Parties Democratic Movement (APDM) FATA chapter, staged a protest demonstration against the imposition of emergency in country here at Landikotal. Hundreds of APDM component parties, JI, ANP, JUI, and PTI, workers participated in the demonstration.
Published 12 Nov, 2007 12:00am
'Agriculture Facility Board to be set up for growers'

'Agriculture Facility Board to be set up for growers'

Sindh Agriculture Secretary Sabhago Khan Jatoi has announced the formation of Agriculture Facility Board with the objective to provide maximum facilities to growers' community for enhancement in crops production and improvement in socio-economic condition
Published 12 Nov, 2007 12:00am
Chief minister inaugurates road project at Kamra

Chief minister inaugurates road project at Kamra

Chief Minister Punjab Chaudhry Pervaiz Ellahi on Sunday inaugurated a road project leading from Qutba to Teen Mila at Kamra to provide better travelling facilities to the people of the area. The road project would be completed at the cost of Rs 363 millio
Published 12 Nov, 2007 12:00am
Action against illegal CNG mechanics soon: Naib Nazim

Action against illegal CNG mechanics soon: Naib Nazim

Naib Nazim Karachi Nasreen Jalil said on Sunday that environment pollution is one of the major issues confronting the world. Diesel vehicles are also responsible for environmental pollution, she added.
Published 12 Nov, 2007 12:00am
India decides against troops reduction in IoK

India decides against troops reduction in IoK

India has decided against reduction of troops in occupied Kashmir, The Asian Age reported. The decision was taken following "an assessment that the situation has not improved sufficiently to merit demilitarisation."
Published 12 Nov, 2007 12:00am
EOBI disburses Rs 586.672 million as pension and grant

EOBI disburses Rs 586.672 million as pension and grant

The Employees Old-Age Benefits Institution (EOBI) has disbursed a total amount of Rs 586.672 million as pension and grant during fiscal year 2006-07 as compared to Rs 480.057 million disbursed during the corresponding period of fiscal year 2006-07, showin
Published 12 Nov, 2007 12:00am
'Emergency affecting textile exports'

'Emergency affecting textile exports'

Chairman Pakistan Knitwear and Sweaters Exporters Association (Paksea), Shahzad Azam Khan has said although the state of emergency has led to the situation of political stability in the country, but the export trade and allied businesses have experienced
Published 12 Nov, 2007 12:00am
MQM welcomes election date announcement

MQM welcomes election date announcement

Muhattida Quami Movement on Sunday hailed President General Pervez Musharraf's commitment to hold general election in the first week of January. Leader of MQM Dr Imran Farooq told TV channels that elections would help in bringing prosperity in the country
Published 12 Nov, 2007 12:00am
Shutter down strike in Larkana on PPP call

Shutter down strike in Larkana on PPP call

A complete shutter down strike was observed in Larkana and other parts of district on Sunday on the call of Pakistan People Party (PPP) Sindh. The roads and markets were remained close and heavy police contingent and other law enforcement agencies were de
Published 12 Nov, 2007 12:00am
APDP preparing report about disappearances

APDP preparing report about disappearances

Association of Parents of Disappeared Persons (APDP) has announced that it was preparing a detailed list of all the custodial disappearances for the last 18 years in occupied Kashmir, which would be published soon.
Published 12 Nov, 2007 12:00am
e-books workshop

e-books workshop

The Higher Education Commission (HEC) Islamabad will hold an e-books workshop at Allama II Kazi Central Library, University of Sindh on November 14, 2007. The workshop sessions include presentation on e-books and live demo of e-books platform followed by
Published 12 Nov, 2007 12:00am
Four-day workshop on career uplift starts

Four-day workshop on career uplift starts

Acting Vice-Chancellor Mehran University Prof: Dr Muhammad Rafique Abro said that with expansion of many new disciplines coupled with individual desires to improve overall quality of life, career planning and progression have claimed importance in the liv
Published 12 Nov, 2007 12:00am
Seminar on Pakistan-Indonesia relations today

Seminar on Pakistan-Indonesia relations today

The Director Area Study Center Far East and South East Asia University of Sindh has announced here on Saturday that international seminar on "Enhancing Pakistan-Indonesia Relations: Perspectives and Challenges" will be held on Monday.
Published 12 Nov, 2007 12:00am
Pre entry test for bachelors programme held

Pre entry test for bachelors programme held

Sindh University has conducted pre entry test for admissions in all bachelors' degree programmes for academic session 2008 here on Sunday. The test was conducted at Faculty of Arts building, Allama I.I.Kazi Campus Jamshoro, under the administrative arrang
Published 12 Nov, 2007 12:00am
CPJ for withdrawal of UK journalists' expulsion order

CPJ for withdrawal of UK journalists' expulsion order

The Committee to Protect Journalists (CPJ) has demanded of the Pakistani government to withdraw expulsion order of three British journalists. Three British journalists were given 72 hours to leave Pakistan on Saturday after their paper ran an editorial th
Published 12 Nov, 2007 12:00am
Imran welcomes Benazir demand of judges' reinstatement

Imran welcomes Benazir demand of judges' reinstatement

Chairman of Pakistan Tehrik-i-Insaf Imran Khan has welcomed the demand of Benazir Bhutto regarding reinstatement of Chief Justice Iftikhar Mohammad Chaudhry and other judges of the Supreme Court and high courts.
Published 12 Nov, 2007 12:00am
Government to hold talks with media: Durrani

Government to hold talks with media: Durrani

The Federal Minister for Information and Broadcasting, Muhammad Ali Durrani, has said the government wants to hold dialogue with media to resolve issues regarding the code of conduct. Speaking to PTV, he said the government has opened many channels.
Published 12 Nov, 2007 12:00am
Case against suicide attack on minister's home registered

Case against suicide attack on minister's home registered

Peshawar Police have registered a case against unidentified persons for carrying out a suicide attack on the house of Federal Minister for Political Affairs Engineer Amir Muqam. According to police, the case has been registered on the report of Shahid Anw
Published 12 Nov, 2007 12:00am
AlBaraka launches Kotak Shariah Fund

AlBaraka launches Kotak Shariah Fund

The Bahrain-based AlBaraka Islamic Bank, having 12 branches in Pakistan, has launched a new investment fund titled Kotak Shariah Fund (KSF) or Kotak Indian Islamic Fund (KIIF) offered to the public through its branches in the Kingdom of Bahrain.
Published 12 Nov, 2007 12:00am
AlBaraka launches Kotak Shariah Fund

AlBaraka launches Kotak Shariah Fund

The Bahrain-based AlBaraka Islamic Bank, having 12 branches in Pakistan, has launched a new investment fund titled Kotak Shariah Fund (KSF) or Kotak Indian Islamic Fund (KIIF) offered to the public through its branches in the Kingdom of Bahrain.
Published 12 Nov, 2007 12:00am
All set to launch 4th phase of Tevta training programme

All set to launch 4th phase of Tevta training programme

Technical Education and Vocational Training Authority (Tevta) has made all arrangements to launch fourth phase of Tevta Special Training Programme (TSTP) to train further 25,000 semi-skill workers in the selected institutes throughout the province of the
Published 12 Nov, 2007 12:00am
Need to set up new cities to meet rising population

Need to set up new cities to meet rising population

There is a dire need to establish new cities to cope with the rapidly increasing population growth as three million people are adding in the country's population annually. Provincial Minister for Housing and Urban Development, Syed Raza Ali Gillani said w
Published 12 Nov, 2007 12:00am
Coronary artery disease number one killer world-wide

Coronary artery disease number one killer world-wide

Coronary artery disease is widely recognised as the number one killer world-wide. It is rapidly increasing in countries like Pakistan, said Dr Fateh Ali Tipoo Sultan, Consultant Cardiologist and Assistant Professor, Department of Medicine at Aga Khan Univ
Published 12 Nov, 2007 12:00am
Sharp price fluctuation witnessed on commodity markets

Sharp price fluctuation witnessed on commodity markets

Some commodities depicted sharply lower trend while non essential item were on the surge on the wholesales market by November 10, 2007. On Monday Jodia Bazar had some fluctuations in chemicals which depicted mixed trend.
Published 12 Nov, 2007 12:00am
Ring road to be built for streamlining traffic

Ring road to be built for streamlining traffic

Sialkot district government is preparing a long-term plan for the construction of a ring road aimed at streamlining the traffic in Sialkot. Official sources told Business Recorder here on Sunday that the proposed plan would cover the fifty years ne
Published 12 Nov, 2007 12:00am
Dry climate causing diseases

Dry climate causing diseases

The prolong dry season all over Pakistan, specifically in Southern Punjab, is bringing disease to a large number of people. The number of patients in hospitals have increased so far. This was stated by Director Meteorological Office Akram Anjum.
Published 12 Nov, 2007 12:00am
Ponm urges government to lift emergency, withdraw PCO

Ponm urges government to lift emergency, withdraw PCO

Seraiki National Party's Acting President M A Bhutta has said that the high command of the Pakistan Oppressed Nations Movement (PONM) has demanded of the Musharraf government to lift emergency, withdraw Provisional Constitutional Order (PCO) and announce
Published 12 Nov, 2007 12:00am
Rs 500 billion to be spent on road projects

Rs 500 billion to be spent on road projects

Over 500 billion rupees will be spent on 129 mega road projects including motorways, expressways and highways under the National Trade Corridor Programme.
Published 12 Nov, 2007 12:00am
Vegetable processing centre to be set up in Sialkot

Vegetable processing centre to be set up in Sialkot

Local business community has decided to establish "Food and Vegetable Processing/Packing" Centre near Sialkot International Airport. The setting up of common facility centre for fruit and vegetable processing would open new avenue for the exporters and co
Published 12 Nov, 2007 12:00am
Onion exports resume after four-month gap

Onion exports resume after four-month gap

The prices of onion is dipping rapidly owing to the bumper production during current season, however, the prices are still double than normal. Agriculturist told that onion crop was better in Sindh and Balochistan during the current season and exporters h
Published 12 Nov, 2007 12:00am
New industrial zone being set up in AJK

New industrial zone being set up in AJK

The government of Azad Jammu and Kashmir (AJK) is planning to establish a new mega-industrial zone soon over an area of 20,000 kanals in Mirpur, official sources said. Sources informed APP that Moori on Mirpur Jatlan Road has been decided as the proposed
Published 12 Nov, 2007 12:00am
PDP to participate in MMA's APC

PDP to participate in MMA's APC

Pakistan Democratic Party (PDP) Chief Nawabzada Mansoor Ahmed Khan assured Muttahida Majlis-e-Amal (MMA) President Qazi Hussain Ahmad of a PDP delegation's participation in an MMA-proposed All Parties Conference (APC) scheduled for November 14 in Islamaba
Published 12 Nov, 2007 12:00am
Benazir condemns police firing on PPP workers

Benazir condemns police firing on PPP workers

Former Prime Minister and chairperson Pakistan Peoples Party (PPP) Benazir Bhutto has condemned the police firing on PPP workers in Bhan Saeedabad, district Dadu on Sunday. She saluted the courage of the workers who were facing the bullets and tyranny for
Published 12 Nov, 2007 12:00am
Flour millers fleecing consumers

Flour millers fleecing consumers

The increase in consumption of flour owing to advent of winter season and decreased supply of wheat to flour mills of Punjab during the current month as compared to the corresponding year have pushed the prices of flour up to Rs 330 per 20kg bag from offi
Published 12 Nov, 2007 12:00am
Plea to provide DAP fertiliser on cheap rate

Plea to provide DAP fertiliser on cheap rate

The shortage of DAP fertiliser in the country could badly harm upcoming wheat crop, said Mian Ali Sher President of Farmers Association Pakpattan, while talking to newsmen here on Sunday. He said that the per bag rate of DAP fertiliser has crossed the lim
Published 12 Nov, 2007 12:00am
MUJ protests against expulsion of UK journalists

MUJ protests against expulsion of UK journalists

Multan Union of journalists (MUJ) on Sunday protested against the expulsion of three journalists namely Isambard Wilkinson, Collin Freeman and Daniel Macelroy, for Britain's Daily Telegraph newspaper.
Published 12 Nov, 2007 12:00am
Zardari rejects Musharraf election pledge

Zardari rejects Musharraf election pledge

The husband of Benazir Bhutto Sunday rejected President Pervez Musharraf's pledge to hold general elections by January 9 as a stalling tactic.
Published 12 Nov, 2007 12:00am
Price list of commodities revised

Price list of commodities revised

The District Price Control Committee (DPCC) Jhang Chairman, DCO Rizwanullah Baig, has said commodities should fix prices in collaboration with consumers and traders and be implemented in letter and sprits.
Published 12 Nov, 2007 12:00am
Ziquad's moon sighted

Ziquad's moon sighted

The moon of the Islamic month Ziquad has been sighted, therefore, the first day of the month Zilqaad will fall on November 12. This was announced by Chairman, Central Ruet-i- Hilal Committee Pakistan, Mufti Munib-ur-Rehman in an official statement here on
Published 12 Nov, 2007 12:00am
Supreme Court to hear two cases today

Supreme Court to hear two cases today

A three-member bench of the Supreme Court, comprising Chief Justice Abdul Hameed Dogar, Justice Faqir Mohammad Khokhar and Justice Mohammad Moosa K Leghari, will hear two cases here on Monday, November 12, 2007. The two cases pertain to ejectment and decl
Published 12 Nov, 2007 12:00am
IFJ condemns government move to expel British reporters

IFJ condemns government move to expel British reporters

The world's biggest group representing journalists has condemned the Pakistani government's decision to expel three British newspaper reporters, saying such acts would only encourage instability.
Published 12 Nov, 2007 12:00am
Air Blue places $700 million orders for 14 A320-200s

Air Blue places $700 million orders for 14 A320-200s

Pakistan''s fastest growing private sector carrier, Air Blue, has placed orders worth $700 million for purchase of 14 new A320-200 aircraft. This is the second largest order for outright purchase of brand new aircraft after national carrier PIA''s $1.2 bi
Published 12 Nov, 2007 12:00am
Air Blue places $700 million orders for 14 A320-200s

Air Blue places $700 million orders for 14 A320-200s

Pakistan's fastest growing private sector carrier, Air Blue, has placed orders worth $700 million for purchase of 14 new A320-200 aircraft. This is the second largest order for outright purchase of brand new aircraft after national carrier PIA's $1.2 bill
Published 12 Nov, 2007 12:00am
Air Blue places $700 million orders for 14 A320-200s

Air Blue places $700 million orders for 14 A320-200s

Pakistan's fastest growing private sector carrier, Air Blue, has placed orders worth $700 million for purchase of 14 new A320-200 aircraft. This is the second largest order for outright purchase of brand new aircraft after national carrier PIA's $1.2 bill
Published 12 Nov, 2007 12:00am
Seven killed in road accident

Seven killed in road accident

Seven persons were reported to be killed and one injured in an accident near Hattian on Sunday, police sources said. The incident took place when the bonnet of the car no A 2-D 8650 with eight of a family opened suddenly and it collided with a bus no RIR-
Published 12 Nov, 2007 12:00am
WTO workshop postponed due to political uncertainty

WTO workshop postponed due to political uncertainty

WTO workshop on "Trade Facilitation, Self Assessment of Needs and Priorities for Pakistan" has been postponed, as the UNCTAD and WTO delegations refused to visit Pakistan because of the ongoing state of emergency and political crisis, sources told Busi
Published 12 Nov, 2007 12:00am
WTO workshop postponed due to political uncertainty

WTO workshop postponed due to political uncertainty

WTO workshop on "Trade Facilitation, Self Assessment of Needs and Priorities for Pakistan" has been postponed, as the UNCTAD and WTO delegations refused to visit Pakistan because of the ongoing state of emergency and political crisis, sources told Busi
Published 12 Nov, 2007 12:00am
WTO workshop postponed due to political uncertainty

WTO workshop postponed due to political uncertainty

WTO workshop on "Trade Facilitation, Self Assessment of Needs and Priorities for Pakistan" has been postponed, as the UNCTAD and WTO delegations refused to visit Pakistan because of the ongoing state of emergency and political crisis, sources told Busi
Published 12 Nov, 2007 12:00am
Raza Rabbani, Qaim Ali Shah amongst 250 PPP workers held

Raza Rabbani, Qaim Ali Shah amongst 250 PPP workers held

The law enforcement agencies on Sunday rounded up about 250 PPP workers here to derail protests against emergency rule, officials said. Pakistan People's Party had planned a series of rallies in Sindh to galvanise opposition to President Pervez Musharraf'
Published 12 Nov, 2007 12:00am
CDGK and Chinese company sign accord for solid waste management

CDGK and Chinese company sign accord for solid waste management

City District Government Karachi (CDGK) and Shanghai Shun Gong Environmental Protection Limited Sunday signed an agreement to lift garbage and carry it to landfill site at 20 dollars a ton for the next 20 years and Letter of Intent (LoI) thereof issued to
Published 12 Nov, 2007 12:00am
CDGK and Chinese company sign accord for solid waste management

CDGK and Chinese company sign accord for solid waste management

City District Government Karachi (CDGK) and Shanghai Shun Gong Environmental Protection Limited Sunday signed an agreement to lift garbage and carry it to landfill site at 20 dollars a ton for the next 20 years and Letter of Intent (LoI) thereof issued to
Published 12 Nov, 2007 12:00am
DFID fact sheet about Pakistan released

DFID fact sheet about Pakistan released

A range of targeted programmes are being supported to improve livelihoods and employment opportunities for the poor, to ensure the benefits of recent high economic growth reach all groups in Pakistan, said fact sheet of Department for International Develo
Published 12 Nov, 2007 12:00am
Musharraf at a turning point: Benazir

Musharraf at a turning point: Benazir

Benazir Bhutto has questioned whether President Musharraf's decision to proclaim emergency was in the best national interest. The President made a statement at the Corps Commanders meeting on Saturday that to impose emergency was a difficult decision for
Published 12 Nov, 2007 12:00am
KPC under siege

KPC under siege

Karachi Press Club was besieged here on Sunday by police and rangers, which lasted the whole day causing great hardships to KPC members and other people.
Published 12 Nov, 2007 12:00am
KPC under siege

KPC under siege

Karachi Press Club was besieged here on Sunday by police and rangers, which lasted the whole day causing great hardships to KPC members and other people.
Published 12 Nov, 2007 12:00am
Singapore's Rowsley axes $1.9 billion reverse takeover

Singapore's Rowsley axes $1.9 billion reverse takeover

Singaporean investment firm Rowsley said on Sunday it has axed its twice-delayed S$2.7 billion ($1.9 billion) reverse takeover deal with China solar power firm Perfect Field Investment.
Published 12 Nov, 2007 12:00am
Downtrend continues on LSE

Downtrend continues on LSE

Downward tendency continued on Lahore share market during the week ending on November 10 with LSE-25 index losing 4.7 percent to finish below 4,500 points mark amid mounting pressure from international community on Pakistan for early lifting of emergency
Published 12 Nov, 2007 12:00am
Downtrend continues on LSE

Downtrend continues on LSE

Downward tendency continued on Lahore share market during the week ending on November 10 with LSE-25 index losing 4.7 percent to finish below 4,500 points mark amid mounting pressure from international community on Pakistan for early lifting of emergency
Published 12 Nov, 2007 12:00am
Election timetable 'positive step': Benazir

Election timetable 'positive step': Benazir

Benazir Bhutto guardedly welcomed President Pervez Musharraf's announcement on Sunday of general elections by January 9 as a "positive step." "It is a positive step," Benazir told reporters here, but cautioned that the government must also lift the state
Published 12 Nov, 2007 12:00am
Election timetable 'positive step': Benazir

Election timetable 'positive step': Benazir

Benazir Bhutto guardedly welcomed President Pervez Musharraf's announcement on Sunday of general elections by January 9 as a "positive step." "It is a positive step," Benazir told reporters here, but cautioned that the government must also lift the state
Published 12 Nov, 2007 12:00am
3.4 percent rise in investment under CFS

3.4 percent rise in investment under CFS

Investment under Continuous Funding System (CFS) increased by 3.4 percent to Rs 52.0 billion on the last day of the outgoing week as compared to Rs 50.3 billion on the last trading day a week earlier.
Published 12 Nov, 2007 12:00am
3.4 percent rise in investment under CFS

3.4 percent rise in investment under CFS

Investment under Continuous Funding System (CFS) increased by 3.4 percent to Rs 52.0 billion on the last day of the outgoing week as compared to Rs 50.3 billion on the last trading day a week earlier.
Published 12 Nov, 2007 12:00am
3.4 percent rise in investment under CFS

3.4 percent rise in investment under CFS

Investment under Continuous Funding System (CFS) increased by 3.4 percent to Rs 52.0 billion on the last day of the outgoing week as compared to Rs 50.3 billion on the last trading day a week earlier.
Published 12 Nov, 2007 12:00am
3.4 percent rise in investment under CFS

3.4 percent rise in investment under CFS

Investment under Continuous Funding System (CFS) increased by 3.4 percent to Rs 52.0 billion on the last day of the outgoing week as compared to Rs 50.3 billion on the last trading day a week earlier.
Published 12 Nov, 2007 12:00am
Commonwealth to debate Pakistan suspension

Commonwealth to debate Pakistan suspension

Foreign ministers will debate whether Pakistan should be suspended from the Commonwealth over President Pervez Musharraf's declaration of emergency rule at an extraordinary meeting Monday.
Published 12 Nov, 2007 12:00am
Commonwealth to debate Pakistan suspension

Commonwealth to debate Pakistan suspension

Foreign ministers will debate whether Pakistan should be suspended from the Commonwealth over President Pervez Musharraf's declaration of emergency rule at an extraordinary meeting Monday.
Published 12 Nov, 2007 12:00am
Bearish trend persists on KSE

Bearish trend persists on KSE

Bearish trend continued at the Karachi share market during the outgoing four-day week ended November 8 and, after witnessing a worst-ever decline of 636 points, the benchmark KSE-100 index settled at 13,423.87 points level, with a net loss 491.17 points o
Published 12 Nov, 2007 12:00am
Bearish trend persists on KSE

Bearish trend persists on KSE

Bearish trend continued at the Karachi share market during the outgoing four-day week ended November 8 and, after witnessing a worst-ever decline of 636 points, the benchmark KSE-100 index settled at 13,423.87 points level, with a net loss 491.17 points o
Published 12 Nov, 2007 12:00am
Bearish trend persists on KSE

Bearish trend persists on KSE

Bearish trend continued at the Karachi share market during the outgoing four-day week ended November 8 and, after witnessing a worst-ever decline of 636 points, the benchmark KSE-100 index settled at 13,423.87 points level, with a net loss 491.17 points o
Published 12 Nov, 2007 12:00am
PQA revision to hurt oil imports

PQA revision to hurt oil imports

Imports of petroleum products and edible oil are likely to face a serious setback as Port Qasim Authority (PQA) has suddenly revised the permissible draught and dimension at Fotco Oil Terminal and MW-I.
Published 12 Nov, 2007 12:00am
PQA revision to hurt oil imports

PQA revision to hurt oil imports

Imports of petroleum products and edible oil are likely to face a serious setback as Port Qasim Authority (PQA) has suddenly revised the permissible draught and dimension at Fotco Oil Terminal and MW-I.
Published 12 Nov, 2007 12:00am
PQA revision to hurt oil imports

PQA revision to hurt oil imports

Imports of petroleum products and edible oil are likely to face a serious setback as Port Qasim Authority (PQA) has suddenly revised the permissible draught and dimension at Fotco Oil Terminal and MW-I.
Published 12 Nov, 2007 12:00am