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Print - 2007-12-14
People see red over bread as vote looms

People see red over bread as vote looms

Already furious at President Pervez Musharraf over a crackdown on opponents and emergency rule, people from middle class housewives to the poor have a new gripe just weeks ahead of an election - the price of bread.
Published 14 Dec, 2007 12:00am
Asfandyar on better footing in two NA constituencies

Asfandyar on better footing in two NA constituencies

Unlike his father, the late Khan Abdul Wali Khan, President of ANP, Senator Asfandyar Wali Khan has opted to contest from two NA constituencies in a bid to secure at least one seat in the January 2008 elections.
Published 14 Dec, 2007 12:00am
THE RUPEE: dollar sheds five paisa in interbank

THE RUPEE: dollar sheds five paisa in interbank

Bullish sentiment was seen in the interbank dealings on Thursday as the rupee gained five paisa against dollar for buying and selling at Rs 61.20 and Rs 61.22, respectively. Rising demand for dollar was unusual as intending Hujjaj bought the US currency t
Published 14 Dec, 2007 12:00am
BET accepts four appeals, dismisses three

BET accepts four appeals, dismisses three

Balochistan Election Tribunal (BET) here on Thursday accepted four appeals and dismissed three other appeals of candidates for National and Balochistan Assembly seats. It adjourned four appeals for December 14.
Published 14 Dec, 2007 12:00am
THE RUPEE: dollar sheds five paisa in interbank

THE RUPEE: dollar sheds five paisa in interbank

Bullish sentiment was seen in the interbank dealings on Thursday as the rupee gained five paisa against dollar for buying and selling at Rs 61.20 and Rs 61.22, respectively. Rising demand for dollar was unusual as intending Hujjaj bought the US currency t
Published 14 Dec, 2007 12:00am
Jamaat-i-Islami to mobilise public opinion against poll: Qazi

Jamaat-i-Islami to mobilise public opinion against poll: Qazi

Amir of Jamat-i-Islami and MMA President Qazi Hussain Ahmad has said that they would mobilise the public opinion for boycotting the polls. In an interview with a private TV channel he said that the JI leaders and activists would go to the offices of the R
Published 14 Dec, 2007 12:00am
251 polling stations to be set up in Khuzdar

251 polling stations to be set up in Khuzdar

The Provincial Election Commission has devised a plan to set up 251 polling stations for NA-269 Khuzdar, PB-33 Khuzdar-I (Zehri), PB-34 Khuzdar-II (Naal) and PB-35 Khuzdar-III (Wadh) constituencies for elections.
Published 14 Dec, 2007 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (December 13, 2007).

Published 14 Dec, 2007 12:00am
Flour crisis may hurt PML-Q prospects

Flour crisis may hurt PML-Q prospects

The worsening Atta crisis in many urban centres, including Multan, Bahawalpur, Dera Ghazi Khan, Rahimyar Khan, Sahiwal, Khanewal will cause a negative impact on the election campaign of PML-Q, as this crisis aggravated during its tenure despite claims of
Published 14 Dec, 2007 12:00am
'Environment conducive for polls'

'Environment conducive for polls'

Caretaker Minister for Interior Hamid Nawaz on Thursday said there is no chaos in the country and environment is very conducive for the elections. "There is no chaos, everyone is campaigning peacefully and the result would show that who was creating chaos
Published 14 Dec, 2007 12:00am
33 polling stations declared sensitive

33 polling stations declared sensitive

The Provincial Election Commission will establish 68 polling stations for PB-46 Kharan constituency, out of which 33 polling stations have been declared as sensitive, sources in district administration told APP here Thursday.
Published 14 Dec, 2007 12:00am
Election monitors fear rigging of vote

Election monitors fear rigging of vote

Prospects for a free and fair general election in country next month are poor and a rigged result could lead to more instability and play into the hands of Islamist militants, election watchdog groups said.
Published 14 Dec, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Dec, 2007 12:00am
Sindh chief minister asks for report about officers supporting parties

Sindh chief minister asks for report about officers supporting parties

Sindh caretaker Chief Minister Abdul Qadir Halepoto is reported to have asked for report about officers who have links with different political parties and are actively supporting them by listening to their recommendations regarding junior officers facing
Published 14 Dec, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Dec, 2007 12:00am
'Media asked to cover poll campaign without bias'

'Media asked to cover poll campaign without bias'

Information Minister Nisar Memon wished that the media would come forward to create healthy conditions for holding the next year's general election, while it was business of the fully independent election commission to conduct fair election.
Published 14 Dec, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 14 Dec, 2007 12:00am
APDM reaffirms boycott decision

APDM reaffirms boycott decision

The All Parties Democratic Movement (APDM) has reaffirmed its pledge to boycott January 8 general elections and continue struggle till reinstatement of deposed judges and complete independence of judiciary and media.
Published 14 Dec, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (December 13, 2007).

Published 14 Dec, 2007 12:00am
PML-N leader boycotts election

PML-N leader boycotts election

A senior leader of Pakistan Muslim League-Nawaz (PML-N) Zafar Ali Shah on Thursday announced to boycott the January 8 polls, a day after PPP stalwart Aitzaz Ahsan pulled himself out of the election race in protest against November 3 extra constitutional s
Published 14 Dec, 2007 12:00am
PML-N to unveil manifesto within two days: Hashmi

PML-N to unveil manifesto within two days: Hashmi

Senior Vice President Pakistan Muslim League-Nawaz (PML-N), Makhdoom Javed Hashmi, has said that the election manifesto of PML-N will be presented within next two to three days.
Published 14 Dec, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 Dec, 2007 12:00am
Nawaz vows to restore judges if voted to power

Nawaz vows to restore judges if voted to power

Former prime minister and Pakistan Muslim League-Nawaz (PML-N) chief Mian Muhammad Nawaz Sharif on Thursday declared that if voted to power in the upcoming elections his government would restore deposed judges by maintaining the status of judiciary as it
Published 14 Dec, 2007 12:00am
Baig identifies sensitive polling stations in NA-250

Baig identifies sensitive polling stations in NA-250

Dr Mirza Ikhtiar Baig, Pakistan Peoples Party candidate for National Assembly NA-250, Karachi submitted a list of sensitive polling station of NA-250 comprising 47 of PS-112 and 19 polling stations in PS-113 to District Returning Officer and Returning Off
Published 14 Dec, 2007 12:00am
PPP slams PML-Q manifesto

PPP slams PML-Q manifesto

The Media Cell of Bilawal House has criticised the manifesto of PML-Q. In a press statement here on Thursday, the statement said: "these caretakers ministers are puppets of PML-Q and by following their Master Ex-General Musharraf's fake slogan `Pakistan F
Published 14 Dec, 2007 12:00am
Benazir withdraws from NA-204

Benazir withdraws from NA-204

Former Prime Minister and PPP Chairperson Benazir Bhutto has announced that she is withdrawing her nomination papers from NA-204 Larkana, a private TV channel reported. The decision was taken after Chairperson PPP (SB) Ghinwa Bhutto and PML-Q leader Haji
Published 14 Dec, 2007 12:00am
'ECP incapable of implementing code of conduct'

'ECP incapable of implementing code of conduct'

The political parties on Thursday alleged the Election Commission of Pakistan (ECP) of being partial and incapable of implementing the code of conduct for holding the general elections, early next month.
Published 14 Dec, 2007 12:00am
ECP finalises arrangements

ECP finalises arrangements

On the penultimate day of deciding appeals against acceptance and rejection of nomination papers by returning officers (ROs) Balochistan Election Tribunal (BET) in Quetta accepted four appeals as the Provincial Election Commission finalised polling arrang
Published 14 Dec, 2007 12:00am
Father of Punjab University's deputy registrar passes away

Father of Punjab University's deputy registrar passes away

Punjab University's Deputy Registrar (General) Iqbal Khalil's father and proprietor Khalil Hotel, Gawalmandi Khalil Ahmad had passed away. His funeral prayer was offered at Madrasa-e-Anwar-ul-Uloom, Muhajarabad, Multan Road Lahore and he was buried in a l
Published 14 Dec, 2007 12:00am
Road, rail networks being expanded for better trade: Musharraf

Road, rail networks being expanded for better trade: Musharraf

President Pervez Musharraf, emphasising the importance of communication network in national economic development, said on Thursday that a comprehensive plan was underway to provide efficient inter-country and trade linkages with regional countries.
Published 14 Dec, 2007 12:00am
Iftikhar Chaudhry named 'Lawyer of the Year'

Iftikhar Chaudhry named 'Lawyer of the Year'

Rex Bossert, Editor-in-Chief, the National Law Journal (NLJ), USA has declared the deposed Chief Justice Iftikhar Chaudhry as the 'Lawyer of the Year'. Bossert's published his article in the forthcoming December 17 issue of the NLJ.
Published 14 Dec, 2007 12:00am
Supply of quarry machinery: Pasdec awards tender to Italian company

Supply of quarry machinery: Pasdec awards tender to Italian company

Pakistan Stone Development Company (Pasdec) has awarded a tender to Italian machine manufacturing company Dazzini Machines through its local agent for supply of quarry machinery to be used in first marble and granite "Model Quarry" in the country. MYEC is
Published 14 Dec, 2007 12:00am
Cotton target may not be achieved as insects ruin crop

Cotton target may not be achieved as insects ruin crop

The cotton production target set for the year 2007-08 may not be achieved as the attacks of cotton leaf curl virus (CLCV) and mealy bug few months ago have destroyed the crop (approx. one million bales), sources told Business Recorder here on Thurs
Published 14 Dec, 2007 12:00am
Shoaib elected MAP chairman

Shoaib elected MAP chairman

Muhammad Shoaib, Chief Executive, First Habib Modaraba has been elected as chairman Modaraba Association of Pakistan (MAP) for the year of 2008. Arjuman A. Minai, Chief Executive Standard Chartered Modaraba elected as Vice Chairman of the association in t
Published 14 Dec, 2007 12:00am
Shoaib elected MAP chairman

Shoaib elected MAP chairman

Muhammad Shoaib, Chief Executive, First Habib Modaraba has been elected as chairman Modaraba Association of Pakistan (MAP) for the year of 2008. Arjuman A. Minai, Chief Executive Standard Chartered Modaraba elected as Vice Chairman of the association in t
Published 14 Dec, 2007 12:00am
SPs directed to constitute special raiding teams

SPs directed to constitute special raiding teams

The Capital City Police Officer (CCPO), Additional IG, Malik Muhammad Iqbal has directed the divisional SPs to constitute special raiding teams to take stern action against the revellers and persons found involved in aerial firing on the eve of the Christ
Published 14 Dec, 2007 12:00am
SKAA project for katchi abadi dwellers in doldrums

SKAA project for katchi abadi dwellers in doldrums

The Sindh Katchi Abadis Authority's (SKAA) project for rehabilitation of katchi abadis's residents is in doldrums as the authority failed to provide temporary shelter to the residents of the areas, where it planned to construct six-storey buildings to pro
Published 14 Dec, 2007 12:00am
Arrest of SHO and policemen directed

Arrest of SHO and policemen directed

Director General Anti-Corruption Establishment (ACE) Punjab Brigadier Muhammad Aslam Ghumman (Retd) has ordered to arrest SHO Police Station Kharian Raja Muhammad Younis and 15 other police officials for holding six persons, including two police officials
Published 14 Dec, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (December 13, 2007).

Published 14 Dec, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (December 13, 2007).

Published 14 Dec, 2007 12:00am
Pak Oman bank impacts lives of poor in Gwadar

Pak Oman bank impacts lives of poor in Gwadar

The Pak Oman Microfinance Bank, one of the most reputable microfinance banks in Pakistan, on Thursday organised a credit disbursement event for the poor in the district of Gwadar.
Published 14 Dec, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Thursday (December 13, 2007).

Published 14 Dec, 2007 12:00am
WRCP to involve men to eradicate violence against women

WRCP to involve men to eradicate violence against women

The White Ribbon Campaign Pakistan (WRCP) is working on a novel idea of involving men to eradicate violence against women. The WRCP has selected young people for the reason not only because they are the future parents but also with a view that nowadays, P
Published 14 Dec, 2007 12:00am
Seven dead in suicide attacks in Quetta Cant

Seven dead in suicide attacks in Quetta Cant

At least seven people were killed and several others wounded on Thursday in two suicide attacks at a military check-post near Quetta, officials said. As people converged on the scene of the first bombing near the Quetta, a second suicide bomber blew himse
Published 14 Dec, 2007 12:00am
Seven dead in suicide attacks in Quetta Cant

Seven dead in suicide attacks in Quetta Cant

At least seven people were killed and several others wounded on Thursday in two suicide attacks at a military check-post near Quetta, officials said. As people converged on the scene of the first bombing near the Quetta, a second suicide bomber blew himse
Published 14 Dec, 2007 12:00am
KKI closing rates of currency notes

KKI closing rates of currency notes

Khanani & Kalia International (Pvt) Limited Closing Rates of currency notes on Thursday (December 13, 2007).

Published 14 Dec, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (December 13, 2007).

Published 14 Dec, 2007 12:00am
Six PHC additional judges appointed

Six PHC additional judges appointed

President Pervez Musharraf on Thursday appointed six additional judges of the Peshawar High Court on and from the date they take oath of their office.
Published 14 Dec, 2007 12:00am
Six PHC additional judges appointed

Six PHC additional judges appointed

President Pervez Musharraf on Thursday appointed six additional judges of the Peshawar High Court on and from the date they take oath of their office.
Published 14 Dec, 2007 12:00am
Pension scheme for overseas Pakistanis launched

Pension scheme for overseas Pakistanis launched

Overseas Pakistanis Foundation (OPF) has launched a self-contributory pension scheme to facilitate about seven million Pakistanis working abroad. The scheme is being managed by Overseas Pakistanis Pension Trust, which is a subsidiary of OPF.
Published 14 Dec, 2007 12:00am
Indian Army chief fears increased infiltration across LoC

Indian Army chief fears increased infiltration across LoC

Indian Army Chief General Deepak Kapoor feared increased infiltration from across the Line of Control by 'Jihadis' in coming days due to political situation in Pakistan. Media reports quoting him said "possibility of Jehadis and fundamentalists from Pakis
Published 14 Dec, 2007 12:00am
Pakistan and Saudi Arabia enjoy brotherly ties: Soomro

Pakistan and Saudi Arabia enjoy brotherly ties: Soomro

Caretaker Prime Minister Mohammedmian Soomro has said Pakistan and Saudi Arabia enjoy close brotherly relations. Talking to ambassador of Saudi Arabia in Pakistan Ali S Awadh Asseri, here at the Prime Minister's Secretariat, he said the two countries have
Published 14 Dec, 2007 12:00am
Chinese special envoy calls on President

Chinese special envoy calls on President

Special Envoy of the Chinese Government and Senior Vice Foreign Minister Wang Yi called on President Pervez Musharraf here on Thursday. Conveying warm felicitations and greetings from President Hu Jintao and the Chinese leadership to President Musharraf o
Published 14 Dec, 2007 12:00am
Central banks join forces to ease credit crisis

Central banks join forces to ease credit crisis

Central banks around the world banded together to stem a mounting credit crisis on Wednesday in their first co-ordinated action since terror attacks shut down US financial markets on September 11, 2001.
Published 14 Dec, 2007 12:00am
BoJ says no need to join global credit action plan

BoJ says no need to join global credit action plan

The Bank of Japan sees no need to join a concerted plan by other major central banks to ease a global credit squeeze because the domestic financial system is solid, a spokesman said Thursday. The Federal Reserve and four other central banks announced a jo
Published 14 Dec, 2007 12:00am