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Print - 2007-12-07
Teradata invites nominations for IT awards

Teradata invites nominations for IT awards

Teradata Pakistan on Thursday called nominations for the eighth Teradata National I.T. Excellence Awards. The period of submission of nominations will be from December 6, 2007 to January 5, 2008.
Published 07 Dec, 2007 12:00am
Five directors of KSE elected

Five directors of KSE elected

The annual election for the five seats of directors of the Karachi Stock Exchange (KSE) for the 2008 term was held here on Thursday. Seven candidates contested the election and five of them were declared elected as the directors.
Published 07 Dec, 2007 12:00am
35 percent duty imposed on wheat products export

35 percent duty imposed on wheat products export

The Federal Board of Revenue (FBR) has imposed 35 percent regulatory duty (RD) on the export of wheat products (atta, maida, suji etc,) and withdrawn 15 percent duty on the export of sugar with immediate effect. The board issued both the notifications on
Published 07 Dec, 2007 12:00am
Elahi accused of misusing Rs 500 million funds

Elahi accused of misusing Rs 500 million funds

Former Punjab chief minister Pervaiz Elahi's released Rs 500 million for developmental projects in the PML-Q constituencies and the money was drawn from the funds allocated for Lahore Ring Road phase II, Punjab civil secretariat sources disclosed to Bu
Published 07 Dec, 2007 12:00am
Mayo hospital land case: ACE summons revenue department officials

Mayo hospital land case: ACE summons revenue department officials

Punjab Anti-Corruption Establishment Director General Muhammad Aslam Ghumman has called for an inquiry into a case of illegal occupation of land by a mafia gang trying to sell the land of the Mayo Hospital worth billion of rupees located on Napier, Thorto
Published 07 Dec, 2007 12:00am
Sacked employees: Supreme Court orders PIA to submit fitness report

Sacked employees: Supreme Court orders PIA to submit fitness report

The Supreme Court here Thursday directed Pakistan International Airlines (PIA) authorities to submit fitness report of its removed staff members by December 30. The case was heard by Chief Justice of Pakistan Abdul Hameed Dogar in his chamber.
Published 07 Dec, 2007 12:00am
Minfal demands Rs 1.8 billion for Crop Maximisation-II project

Minfal demands Rs 1.8 billion for Crop Maximisation-II project

The Ministry of Food, Agriculture and Livestock (Minfal) has demanded Rs 1.8 billion to start the Crop Maximisation-II project meant to provide loans to the small farmers, sources told Business Recorder here on Thursday. According to the sources, t
Published 07 Dec, 2007 12:00am
Sub-committee formed to monitor Nadra's working

Sub-committee formed to monitor Nadra's working

The Senate Standing Committee on Interior on Thursday established a sub-committee to check and curtail the issues of sluggish working, negligence, nepotism and embezzlement rule of the day in National Database and Registration Authority (Nadra).
Published 07 Dec, 2007 12:00am
Bank AL Habib Mahana Munafa account

Bank AL Habib Mahana Munafa account

As part of its endeavours to meet the needs of consumers across Pakistan, Bank AL Habib offers a convenient monthly income scheme: AL Habib Mahana Munafa Account. Featuring high monthly returns with reliable, convenient banking services, AL Habib Mahana M
Published 07 Dec, 2007 12:00am
Sabzazar encounter case: Shahbaz granted interim bail

Sabzazar encounter case: Shahbaz granted interim bail

The special Anti-Terrorism Court, headed by Shabbir Hussain Chattha, has granted interim bail to Pakistan Muslim League-Nawaz (PML-N)'s President and former chief minister Shahbaz Sharif in the Sabzazar encounter case till December 8, instead till January
Published 07 Dec, 2007 12:00am
Rs 200 million package for Ali Khel tribe announced

Rs 200 million package for Ali Khel tribe announced

NWFP Governor Lieutenant General Ali Muhammad Jan Aurakzai (retd) has announced a special development package worth Rs 200 million to uplift Ali Khel tribe of Orakzai Agency.
Published 07 Dec, 2007 12:00am
Homage paid to Major Shabbir

Homage paid to Major Shabbir

A battalion of the Frontier Force Regiment (FFR) paid homage to Major Shabbir Sharif, a valiant warrior who displayed unparalleled courage while defending the motherland and embraced "Shahadat", on December 6 at the Sulemanki Sector in the 1971 War. He ea
Published 07 Dec, 2007 12:00am
Workshop on CEDAW implementation on December 12

Workshop on CEDAW implementation on December 12

Ministry of Women Development (MoWD) would hold a workshop on December 12 to have interactive consultation on the implementation of 'Convention on Elimination of all forms of Discrimination Against Women (CEDAW).'
Published 07 Dec, 2007 12:00am
ICI constructs girls school in quake-affected region

ICI constructs girls school in quake-affected region

A modern, furnished facility for a girls primary school has been constructed by the ICI Group in Bararkot, near Garhi Habibullah, to support the rehabilitation of students affected by the 2005 earthquake.
Published 07 Dec, 2007 12:00am
Minister visits schools

Minister visits schools

Sindh Minister for Youth Affairs and Culture, Ambar Raza Nancy visited the Springfield and Dawood Pubblic Schools here on Thursday. Addressing the students she exhorted them to concentrate towards the acquisition of knowledge.
Published 07 Dec, 2007 12:00am
55 professors upgraded to BS-21

55 professors upgraded to BS-21

Khyber Medical University has upgraded 55 professors posted in various medical colleges of the province from BS-20 to BS-21 with immediate effect.
Published 07 Dec, 2007 12:00am
'Quality education helps resolve various problems'

'Quality education helps resolve various problems'

The frontiers of education in all fields, especially in science and technology, have been expanded and quality education help resolve various problems of the country, said General Ashfaq Parvez Kayani, Chief of the Army Staff here on Thursday.
Published 07 Dec, 2007 12:00am
NGOs urged to focus on uplift projects

NGOs urged to focus on uplift projects

Sindh Caretaker Minister for Population Welfare and Women Development Nadira Panjwani asked NGOs to pay more focus on province in their programmes. This she said while talking to a three-member delegation of the David and Lucile Packard Foundation which m
Published 07 Dec, 2007 12:00am
Lawyers, newsmen hurt in clash with police

Lawyers, newsmen hurt in clash with police

A number of lawyers, journalists and policemen sustained injuries in a clash at Chowk Kutchery on Thursday when lawyers broke all barriers and moved to Chowk Kutchery for staging a demonstration. The Demonstrators also damaged two police vehicles and slap
Published 07 Dec, 2007 12:00am
PBC vice chairman defends poll boycott decision

PBC vice chairman defends poll boycott decision

Pakistan Bar Council (PBC) Vice Chairman Amin Lakhani said on Thursday that the Council stood by its decision to boycott coming elections. Lakhani said that the filing of nomination papers for a National Assembly seat by Supreme Court Bar Association (SCB
Published 07 Dec, 2007 12:00am
Sialkot nazim to involve public in decision-making

Sialkot nazim to involve public in decision-making

Under a campaign to involve the public in district decisions, district Sialkot is setting a new trend. As part of the campaign District Nazim Muhammad Akmal Cheema, invited a budget consultation from council members, citizen community boards, the district
Published 07 Dec, 2007 12:00am
Senate body for elimination of corruption from Estate Office

Senate body for elimination of corruption from Estate Office

The Senate Standing Committee on Housing and Works directed Ministry of Housing and Works to purge the Estate Office completely of 'Culture of Corruption' and ensure transparent allotment of government houses.
Published 07 Dec, 2007 12:00am
Need stressed to protect rights of minorities

Need stressed to protect rights of minorities

Caretaker Federal Law and Parliamentary Affairs Minister Syed Afzal has stressed the need to protect the rights of minorities in Pakistan and criticised Eight Amendment that undermined their rights. He was addressing the inaugural session of the 44th annu
Published 07 Dec, 2007 12:00am
The Weather

The Weather

The weather report on Thursday (December 06, 2007) and the forecast for Friday (December 07, 2007).
Published 07 Dec, 2007 12:00am
'Corruption in development projects a heinous crime'

'Corruption in development projects a heinous crime'

Federal Minister for Environment and Local Government Syed Wajid Hussain Bukhari has said that corruption in development projects is a heinous crime and people involved in this practice must be given exemplary punishment.
Published 07 Dec, 2007 12:00am
New York cotton

New York cotton

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

Published 07 Dec, 2007 12:00am
New law to replace Anand Marriage Act 1909

New law to replace Anand Marriage Act 1909

Caretaker Federal Minister for Law and Justice Syed Afzal Haider has said that the government will repeal the Anand Marriage Act 1909 and a new Sikh Marriage Act 2007 will be made and implemented this month. He was talking to a seven-member Sikh delegatio
Published 07 Dec, 2007 12:00am
New York cotton

New York cotton

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

Published 07 Dec, 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 07 Dec, 2007 12:00am
Three persons involved in arms smuggling arrested

Three persons involved in arms smuggling arrested

The CIA Police City Division has arrested three criminals involved in selling arms weapons from the Raiwind area and seized a heavy cache of more than 8,000 bullets and mobile phones.
Published 07 Dec, 2007 12:00am
Smeda holds conference on SMEs

Smeda holds conference on SMEs

The two-day Regional Business Conference of Small and Medium Enterprise Development Authority (Smeda) ended here on Thursday with a common consensus on promoting a proactive role by the it's regional business centres for equitable growth of Small and Medi
Published 07 Dec, 2007 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 06, 2007).

Published 07 Dec, 2007 12:00am
People facing hardship due to low gas pressure

People facing hardship due to low gas pressure

Although the winter season has just started and there are inclement weather conditions, people have started suffering hardships due to low gas pressure in a number of localities in the provincial capital.
Published 07 Dec, 2007 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (December 06, 2007) and for Friday (December 07, 2007).
Published 07 Dec, 2007 12:00am
Postings and transfers of stenographers, superintendents

Postings and transfers of stenographers, superintendents

The Regional Tax Office Director General in Lahore has transferred 44 stenographers and office superintendents selected through the process of internal job posting on special pay position, including allowances equivalent to 100 percent of basic pay.
Published 07 Dec, 2007 12:00am
'Balanced diet for better animal breeding'

'Balanced diet for better animal breeding'

Scientists carrying out research to enhance meat and milk production and prevent diseases in animals should also provide balanced diet to the animals because a balanced diet is essential for better breeding and production.
Published 07 Dec, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Thursday (December 06, 2007).

Published 07 Dec, 2007 12:00am
Supply of flour at fixed rate ordered

Supply of flour at fixed rate ordered

Caretaker Chief Minister Punjab Ejaz Nisar has ordered to take effective measures to supply flour to citizens at a fixed rate. He directed the concerned authorities to ensure maximum supply and stabilising its prices in the market.
Published 07 Dec, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Thursday (December 06, 2007).

Published 07 Dec, 2007 12:00am
Kamal reviews ongoing projects

Kamal reviews ongoing projects

Nazim Karachi Syed Mustafa Kamal has said that city's blocked and difficult to access roads have been opened after their reconstruction at a cost of Rs 3.5 billion.
Published 07 Dec, 2007 12:00am
NIT Unit Prices

NIT Unit Prices

The sale and repurchase prices of NIT (Unit) on Thursday (December 06, 2007).

Published 07 Dec, 2007 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 06, 2007).

Published 07 Dec, 2007 12:00am
Kashmir peace process in limbo: analysts

Kashmir peace process in limbo: analysts

Pakistan's political crisis has left in limbo efforts to find a solution to the decades-old dispute over Kashmir with arch rival India, analysts and politicians say. Peace talks which started in 2004 are officially continuing but with turmoil in Islamabad
Published 07 Dec, 2007 12:00am
LHC issues show-cause notices to chief secretary, CCPO

LHC issues show-cause notices to chief secretary, CCPO

A full bench of the Lahore High Court (LHC) headed by Lahore High Court chief justice issued show cause notices to the Punjab chief secretary , the Capital City Police Officer, district Police Officer (Operation) Lahore and directed them to appear before
Published 07 Dec, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 06, 2007).

Published 07 Dec, 2007 12:00am
'Setting-up of journalist colonies important step'

'Setting-up of journalist colonies important step'

Punjab Caretaker Chief Minister Ejaz Nisar has said the setting-up of journalist colonies in Lahore, Rawalpindi, Multan and other cities of the province is an important step towards the welfare of journalists enjoying better residential facilities in thes
Published 07 Dec, 2007 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 06, 2007).

Published 07 Dec, 2007 12:00am
Army's role in education lauded

Army's role in education lauded

The Pakistani army apart from its duty, as custodian of national defence, has contributed immensely for the delivery of quality education and health facilities through out the country. Punjab Governor Khalid Maqbool expressed his views while addressing a
Published 07 Dec, 2007 12:00am
Bid to manipulate elections will lead to movement: Benazir

Bid to manipulate elections will lead to movement: Benazir

Former prime minister Benazir Bhutto is out campaigning for votes even as the public awaits the final decision by her and Nawaz Sharif about the outcome of the eight member joint committee to campaign or boycott the elections.
Published 07 Dec, 2007 12:00am
THE RUPEE: sharp gain in interbank

THE RUPEE: sharp gain in interbank

Sharp increase was seen in the interbank market on Thursday as the rupee managed to gain nine paisa against the dollar for buying at 61.21 and selling at 61.23, money experts said.
Published 07 Dec, 2007 12:00am
Diplomats persuade Nawaz not to boycott polls

Diplomats persuade Nawaz not to boycott polls

Diplomats of Islamic countries on Thursday urged the former prime minister and PML-N chief Nawaz Sharif not to boycott the general elections scheduled for January 8.
Published 07 Dec, 2007 12:00am
THE RUPEE: sharp gain in interbank

THE RUPEE: sharp gain in interbank

Sharp increase was seen in the interbank market on Thursday as the rupee managed to gain nine paisa against the dollar for buying at 61.21 and selling at 61.23, money experts said.
Published 07 Dec, 2007 12:00am
ECP to issue 180 million ballot papers

ECP to issue 180 million ballot papers

Election Commission of Pakistan (ECP) will issue around 180 million ballot papers for over 80 million voters in the country to cast vote in the coming elections. This was informed in a high level meeting held under the chair of Secretary Election Commissi
Published 07 Dec, 2007 12:00am
EC terms papers of 12,443 candidates as valid

EC terms papers of 12,443 candidates as valid

The Election Commission (EC) has termed nomination papers of 12,443 candidates' as valid candidates for January 8 general elections out of a total 13,490 papers it received. A statement by the EC spokesman said that after scrutiny of nomination papers, Re
Published 07 Dec, 2007 12:00am
Judicial crisis dominates upcoming polls: analysts

Judicial crisis dominates upcoming polls: analysts

The ongoing judicial crisis has overtaken all other national issues and dominates the 2008 general elections, political and legal analysts told Business Recorder here on Thursday. They said that 90,000 members of the Bench and the Bar have shown an
Published 07 Dec, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (December 06, 2007).

Published 07 Dec, 2007 12:00am
'Citizen' Musharraf still holding the cards

'Citizen' Musharraf still holding the cards

What a difference a week makes. As the late November autumn chill began giving way to the approaching winter in the capital last week, President Pervez Musharraf looked set to be left out in the cold. The army general was forced to shed his uniform, set e
Published 07 Dec, 2007 12:00am
Aitzaz writes letter to legal fraternity

Aitzaz writes letter to legal fraternity

Supreme Court Bar Association (SCBA) President Barrister Aitzaz Ahsan and PPP candidate for National Assembly contesting from a Lahore constituency, incarcerated since November 3, has addressed a letter to the legal fraternity.
Published 07 Dec, 2007 12:00am
Saarc meeting starts today

Saarc meeting starts today

Foreign Minister Inamul Haq said Pakistan would ask India to resolve all outstanding issues including Kashmir to establish permanent peace in the region.
Published 07 Dec, 2007 12:00am
NAB prevented from taking action against Nawaz and Benazir

NAB prevented from taking action against Nawaz and Benazir

The caretaker government has stopped National Accountability Bureau (NAB) for taking any action against politicians till elections to ensure political parties participation in the upcoming general elections to be held on January 8, 2008.
Published 07 Dec, 2007 12:00am
Canal closure hits crop badly

Canal closure hits crop badly

Area and production targets fixed for oilseed crops may not be achieved as September/October canal closure in southern Punjab hit the crops badly. The situation becomes more crucial in the areas where underground water is brackish.
Published 07 Dec, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Dec, 2007 12:00am
Crackdown against hoarders, profiteers on the cards

Crackdown against hoarders, profiteers on the cards

The government of NWFP on Thursday directed the intelligence agencies and officials of City District Government and department of food for launching a massive crackdown against hoarders and profiteers of flour and booking them for punishment.
Published 07 Dec, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (December 06, 2007).

Published 07 Dec, 2007 12:00am
Two held with contraband goods

Two held with contraband goods

The staff of drug enforcement cell of Preventive Collectorate during mid-night of December,5 intercepted a Pakistani passenger namely Saifullah s/o Tahsinullah, holding Pakistani passport nos. AM2745971 and KEI23928. He was leaving for London via Doha by
Published 07 Dec, 2007 12:00am
'Strong bureaucracy vital to fight corruption'

'Strong bureaucracy vital to fight corruption'

Punjab Governor Khalid Maqbool addressing a function on the "Anti-Corruption Day" here on Thursday said a strong bureaucracy was essential to fight this menace in the country.
Published 07 Dec, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 Dec, 2007 12:00am
CCP chairman assures overseas investors of support

CCP chairman assures overseas investors of support

Chairman of the newly formed Competition Commission of Pakistan (CCP) Khalid Mirza, assured the overseas investors of his organisations continued support for providing a level playing field for all stakeholders.
Published 07 Dec, 2007 12:00am
LCCI member felicitated

LCCI member felicitated

Anjuman Tajran Electronics Chairman Mian Muhammad Ashfaq, President Muhammad Shabir Labbah and General Secretary Amir Khan have congratulated LCCI President-elect Mohammad Ali Mian and his team for sweeping the chamber election.
Published 07 Dec, 2007 12:00am
LCCI demands SNGPL to restore gas supply steel mills

LCCI demands SNGPL to restore gas supply steel mills

The Lahore Chamber of Commerce and Industry (LCCI) has aired concern over the sudden suspension of the gas supply to over 200 steel mills and demanded that the Sui Northern Gas Pipelines Limited to restore gas to them.
Published 07 Dec, 2007 12:00am
Government asked to check illegal border trade

Government asked to check illegal border trade

President Islamabad Chamber of Commerce and Industry Nasir Khan has demanded of the government to control the illegal border trade with iron hands to control the price hike in Pakistan.
Published 07 Dec, 2007 12:00am
System Limited gets award

System Limited gets award

System Limited (SL), the oldest and the largest state-of-art software solution provider in Pakistan has recently received the 'Customer Innovation Award 2007' at the Integration World Conference held at Simi Valley, California, said a press release.
Published 07 Dec, 2007 12:00am
First mobility workshop inaugurated

First mobility workshop inaugurated

The first complete mobility workshop in the world was inaugurated at the premises of Disable Welfare Association in Lines Area. The entire workshop has been donated by Siemens Pakistan. The inauguration was the hallmark of events leading up to world disab
Published 07 Dec, 2007 12:00am