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Print - 2008-01-16
Advanced CAD/CAM centre set up in Peshawar

Advanced CAD/CAM centre set up in Peshawar

Training in designing and manufacturing products is now available to the people of Peshawar, as an advanced computer-aided design/computer-aided manufacturing (CAD/CAM) centre equipped with latest computers and software has been set up in this city.
Published 16 Jan, 2008 12:00am
15,000 employees provided IT training

15,000 employees provided IT training

As many as 15,000 employees from Grade five to 20 have been provided with the IT training. This was stated by Caretaker Sindh Minister for Information Technology, Jam Karam Ali. He was addressing a news conference in his office here on Tuesday. The Minist
Published 16 Jan, 2008 12:00am
German Consul General meets Sindh chief minister

German Consul General meets Sindh chief minister

The German Consul General, Hans-Joachim Kiderlen, called on caretaker Sindh Chief Minister, former Justice Abdul Qadir Halepota at Chief Minister House and discussed matters of mutual interest and pre-election scenario.
Published 16 Jan, 2008 12:00am
Ibad reviews law and order in Sindh

Ibad reviews law and order in Sindh

Sindh Governor Dr Ishrat-ul-Ibad Khan has directed the concerned authorities to make more effective efforts to maintain conducive law and order situation in the province.
Published 16 Jan, 2008 12:00am
Dewan Salman Fibre directed to file affidavit

Dewan Salman Fibre directed to file affidavit

The Competition Commission of Pakistan (CCP) has directed Dewan Salman Fibre Ltd to file an undertaking on behalf of the Board of Directors and an affidavit on behalf of its Chief Executive Officer.
Published 16 Jan, 2008 12:00am
Professor Majeed appointed Rector

Professor Majeed appointed Rector

Lieutenant General Kahlid Maqbool (Retd) patron of The University of Faisalabad has appointed Professor Dr Abdul Majeed as Rector of the University for the period of three years with effect from 1st January, 2008. Professor Dr Abdul Majeed was previously
Published 16 Jan, 2008 12:00am
HEC offers stipends to unemployed graduates

HEC offers stipends to unemployed graduates

The Higher Education Commission (HEC) has invited applications from Pakistani citizens for award of subsistence allowance to unemployed graduates. Under the scheme "Supports to Scientific Talent" a stipend worth 10,000 rupees will be given to the selected
Published 16 Jan, 2008 12:00am
Russian Federation envoy meets CJCSC

Russian Federation envoy meets CJCSC

Ambassador of Russian Federation Sergey N. Peskov on Tuesday called on General Tariq Majid, Chairman, Joint Chiefs of Staff Committee (CJCSC), here at Joint Staff Headquarters and discussed matters of mutual interest between the two countries.
Published 16 Jan, 2008 12:00am
Utility Stores timings extended

Utility Stores timings extended

The Utility Stores Corporation has extended the timings of its outlets in the city to help the customers get wheat flour and cooking oil on subsidised rates.
Published 16 Jan, 2008 12:00am
LCCI for setting up women industrial estate

LCCI for setting up women industrial estate

Lahore Chamber of Commerce and Industry (LCCI) will extend every possible help to establish Women Industrial Estate to encourage women entrepreneurs. LCCI President Muhammad Ali Mian said this while addressing the participants of a workshop on 'Magic of W
Published 16 Jan, 2008 12:00am
Punjab University board starts selection process

Punjab University board starts selection process

The Punjab University Selection Board met under the chairmanship of vice-chancellor Professor Dr Mujahid Kamran at New Campus on Tuesday. The board conducted the interviews with the candidates for the posts of Professors at Institute of Geology and Depart
Published 16 Jan, 2008 12:00am
Rangers to be deployed on Youm-e-Ashura

Rangers to be deployed on Youm-e-Ashura

Lahore District Nazim Mian Amer Mahmood has said that on the occasion of Youm-e-Ashura, the Rangers would be deployed in the city for security purposes. He was addressing a meeting to review the security arrangements for Youm-e-Ashura here on Tuesday.
Published 16 Jan, 2008 12:00am
Need stressed to enhance water storage capacity

Need stressed to enhance water storage capacity

With a view to meeting growing food and fiber needs there is urgent need to create additional water storage capacity to make up for the loss of live storage in existing reservoirs due to silting.
Published 16 Jan, 2008 12:00am
Security tightened in Muzaffargarh

Security tightened in Muzaffargarh

Mid Country Oil Refinery (PARCO), Kotadu Power Company (KAPCO), AES Lalpir power project, Thermal power stations, Muzaffargarh and other projects where foreigners were serving have been advised to keep a close liaison with police and law enforcing agencie
Published 16 Jan, 2008 12:00am
Section 144 imposed

Section 144 imposed

District Nazim Ahmed Yar Haraj has imposed Section 144 to ensure peace and harmony during Ashura. Under the restrictions, nobody will be allowed to sit or stand on the rooftops of their houses, shops etc along the mourning procession routes.
Published 16 Jan, 2008 12:00am
PEF restarts teachers training programme

PEF restarts teachers training programme

The Punjab Education Foundation (PEF) has restarted a teachers' training programme for private educational institutions, Managing Director Dr Allah Baksh Malik said. He said while talking to All Pakistan Private Schools Welfare Association (APPSWA)'s Pres
Published 16 Jan, 2008 12:00am
Trade deficit may cross $17 billion by year-end: Piaf

Trade deficit may cross $17 billion by year-end: Piaf

The law and order situation, shortage of gas and electricity may increase trade deficit which has already reached to a record level of $8.24 billion during first half of the current financial year, ie from July-December 2007.
Published 16 Jan, 2008 12:00am
Non-bailable warrants for army man issued

Non-bailable warrants for army man issued

The Lahore High Court (LHC) issued non-bailable arrest warrants of an army man who neither appeared before the court nor produced three minor children following the court order in this regard.
Published 16 Jan, 2008 12:00am
Lawyers strike on January 17

Lawyers strike on January 17

Lawyers will go on a strike on Thursday (tomorrow) and also conduct protest demonstration on the murder of senior bar member and former president of Haroonabad bar, Muhammad Ekhlaq Awan. Council Vice-Chairman Tariq Javed Warriach said this while talking t
Published 16 Jan, 2008 12:00am
Supreme Court dismisses PML-Q candidate's petition

Supreme Court dismisses PML-Q candidate's petition

The Supreme Court Tuesday dismissed PML (Q) candidate Mian Munir's appeal against his disqualification to contest the 18th February general elections. The Returning Officer of NA 122, Lahore had declared Mian Munir disqualified to be a candidate for being
Published 16 Jan, 2008 12:00am
Basmati rice exports down 15 percent

Basmati rice exports down 15 percent

Basmati rice exports in the first half of FY08 (July-December 2007) declined by 57,443 tons, or 15 percent, to 316,760 tons against 374,203 tons exported in the same period of FY07 (July-December 2006).
Published 16 Jan, 2008 12:00am
Public holidays on Muharram 9 and 10

Public holidays on Muharram 9 and 10

The government has declared January 19, 20 (Saturday, Sunday) as public holiday on account of Ashura Muharram. A notification issued here said that in pursuance of the announcement of the Ruet-e-Hilal committee.
Published 16 Jan, 2008 12:00am
All accused of bomb blasts in custody: minister

All accused of bomb blasts in custody: minister

Caretaker Interior Minister Hamid Nawaz has said that the accused of suicide bomb blasts, including those that took place at Karachi (Karsaz), Lahore, Islamabad, Sargodha and Rawalpindi, are in government's custody.
Published 16 Jan, 2008 12:00am
SECP okays renaming of KESC

SECP okays renaming of KESC

The Securities and Exchange Commission of Pakistan (SECP), in consideration of the application of Karachi Electric Supply Corporation (KESC), has approved change in name of the company as "Karachi Electric Supply Company Limited".
Published 16 Jan, 2008 12:00am
Sindh government carries out lining of 12,000 watercourses

Sindh government carries out lining of 12,000 watercourses

Sindh Government has completed lining of 12,000 watercourses out of the targeted 33,000 under the National Programme for Improvement of Watercourses (NPIWs) and Sindh Onfarm Water Management Program (SOWMP).
Published 16 Jan, 2008 12:00am
Politicians asked to adopt strict security

Politicians asked to adopt strict security

The interior ministry has asked politicians to adopt a security conscious approach as the law and order situation has become volatile.
Published 16 Jan, 2008 12:00am
Charas recovered

Charas recovered

An authentic information was received through Fazal Qadir Qalbani, Director, Intelligence & Investigation-FBR, Karachi, that huge quantity of narcotics substance would be transported from Chaman to Quetta, under concealment in the special made cavities ma
Published 16 Jan, 2008 12:00am
Plot to kill Musharraf: three Harakat men awarded life term

Plot to kill Musharraf: three Harakat men awarded life term

Judge of Anti-Terrorism Court for Karachi (ATC-I) Ghulam Ali A Samtio on Tuesday convicted and sentenced three out of six, accused in an attempt to kill President Pervez Musharraf case, while three co-accused were absolved of the charges.
Published 16 Jan, 2008 12:00am
Norwegian foreign minister calls on CEC

Norwegian foreign minister calls on CEC

Foreign Minister of Norway, Jonas Gahr Store, called on Justice (Retd) Muhammad Farooq, Chief Election Commissioner (CEC) in his office and discussed the matters relating to general elections 2008. Secretary EC was also present during the meeting.
Published 16 Jan, 2008 12:00am
PMI holds seminar on labour migration

PMI holds seminar on labour migration

Pakistan Manpower Institute (PMI) has organised a two-day seminar on "Socio-economic development and labour migration" here on Tuesday. The main objective was to provide a forum to the participants to discuss the issues and measures relating to migration
Published 16 Jan, 2008 12:00am
PSA sets up complaint cell

PSA sets up complaint cell

Private School Association (PSA) Islamabad has set up a complaint cell for the early redressal of grievances of students, teachers and parents. The decision was taken at a meeting chaired by the President of the association Chaudhry Ubaidullah here on Tue
Published 16 Jan, 2008 12:00am
Pakistan Railways regains 100 acres encroached land

Pakistan Railways regains 100 acres encroached land

Pakistan Railways has regained 100 acres of its land illegally occupied along rail tracks and in cities across the country, caretaker Minister for Railways Mansoor Tariq said on Tuesday. The minister himself led on Monday a railway team that retrieved enc
Published 16 Jan, 2008 12:00am
Eight booked, stolen timber recovered

Eight booked, stolen timber recovered

District Government's Forest Department recovered stolen timber worth Rs 60,000 and registered a case against eight persons. According to official sources, Block Officer of the Forest Department Mohammed Ramzan conducted a raid in Mauza Highahna on a tip-
Published 16 Jan, 2008 12:00am
36 suspected terrorists held in Faisalabad

36 suspected terrorists held in Faisalabad

Multan Police have rounded up 15 suspects of different banned sectarian organisations while Faisalabad police held 36 suspected terrorists in a search operation following reports of the presence of suicide bombers in the city.
Published 16 Jan, 2008 12:00am
Government to pursue economic reforms agenda: Soomro

Government to pursue economic reforms agenda: Soomro

Reiterating government's resolve to pursue the economic reform agenda, caretaker Prime Minister Mohammedmian Soomro has said that government would continue to extend priority to ensure availability of basic needs, dependable infrastructure and trained hum
Published 16 Jan, 2008 12:00am
The Weather

The Weather

The weather report on Tuesday (January 15, 2008) and the forecast for Wednesday (January 16, 2008).
Published 16 Jan, 2008 12:00am
Minister slams blast

Minister slams blast

Caretaker Provincial Minister for Finance, Information and Archives, Dewan Muhammad Yousuf Farooqui has strongly condemned the Quaidbad bomb blats and termed it inhuman and shameful act that claimed innocent lives.
Published 16 Jan, 2008 12:00am
New York cotton

New York cotton

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

Published 16 Jan, 2008 12:00am
New York cotton

New York cotton

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

Published 16 Jan, 2008 12:00am
Pakistan has sacrificed a lot in war on terror: Memon

Pakistan has sacrificed a lot in war on terror: Memon

Federal Minister for Information and Broadcasting Nisar A Memon has said Pakistan is a frontline state and it has sacrificed a lot in the war on terror. The minister said this while participating in a discussion programme broadcast by the Voice of America
Published 16 Jan, 2008 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 16 Jan, 2008 12:00am
Work on 100-km long Sialkot-Lahore motorway commences

Work on 100-km long Sialkot-Lahore motorway commences

The Initial development work on mega project of 100-KM long Sialkot-Lahore motorway costing Rs23 billion has been initiated. Official sources told Business Recorder here Tuesday that the motorway would have six lanes, seven interchanges, eight flyo
Published 16 Jan, 2008 12:00am
Wheat and flour crisis to ease soon: Minfal

Wheat and flour crisis to ease soon: Minfal

Pakistan expects to overcome a severe flour shortage in coming days by improving wheat supplies to mills, and may import another 500,000 tons of the grain for stocks if needed, a government food official said on Tuesday.
Published 16 Jan, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (January 15, 2008).
Published 16 Jan, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (January 15, 2008) and for Wednesday (January 16, 2008).
Published 16 Jan, 2008 12:00am
Efforts on to revive economic condition of quake-hit people

Efforts on to revive economic condition of quake-hit people

Improving Livelihoods and Enterprise Development (I-LED) programme is striving to revive the economic condition of the people of Pakistan and Kashmir, who have been greatly affected by the October 8, 2005 earthquake and USAID has granted $28 million to ru
Published 16 Jan, 2008 12:00am
Book on Baloch Sufi poet launched

Book on Baloch Sufi poet launched

Pakistan Academy of Letters (PAL) on Tuesday launched a new book on the 'Baloch Sufi' poet Mast Tawakkali, which was written by Dr Shah Mohammad Marri. Appreciating the efforts of the author PAL chairman, Iftikhar Arif said, "Muhammad Marri has in fact cr
Published 16 Jan, 2008 12:00am
PSEB holding IT events in USA

PSEB holding IT events in USA

Pakistan Software Export Board (PSEB) is organising events regarding Information Technology (IT) network in the main centres of IT activities of the USA, including Houston, Austin, Las Vegas, Palo Alto and Chicago.
Published 16 Jan, 2008 12:00am
Punjab University announces results

Punjab University announces results

The Punjab University examination department has announced various examination results, including, Master of education research and assessment, (Annual), Session 2005-2007 and Master of the English language teaching and linguistics, self-supporting, Annua
Published 16 Jan, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (January 15, 2008).
Published 16 Jan, 2008 12:00am
Payphone companies scam probe: committee reluctant to render report

Payphone companies scam probe: committee reluctant to render report

The inquiry committee to probe payphone companies refunds scam is reluctant to issue final report against the five senior tax officials of Lahore involved in it. Sources told Business Recorder on Tuesday that the committee was deliberately delaying
Published 16 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 15, 2008).
Published 16 Jan, 2008 12:00am
Pesco asks consumers to conserve electricity

Pesco asks consumers to conserve electricity

Chief Executive of Peshawar electric supply corporation (Pesco), Brigadier Sakhi Marjan, has asked the public to conserve electricity in a bid to overcome energy crisis.
Published 16 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 15, 2008).
Published 16 Jan, 2008 12:00am
Tax returns: FBR extends e-filing till January 31

Tax returns: FBR extends e-filing till January 31

The Federal Board of Revenue (FBR) has extended the date for e-filing of income tax returns by the corporate sector till January 31. According to an FBR announcement on Tuesday, the FBR had received various representations from trade bodies, seeking exten
Published 16 Jan, 2008 12:00am
FBR initiates 'budget exercise'

FBR initiates 'budget exercise'

The Federal Board of Revenue (FBR) has initiated budget exercise for 2008-09 fiscal and sought proposals from chambers, tax bars and business organisations for bringing improvement in the existing income tax laws, procedures and administration.
Published 16 Jan, 2008 12:00am
PIA post-Haj operation in full swing

PIA post-Haj operation in full swing

Pakistan International Airlines' post-Haj flights, which commenced from December 25, 2007 have so far airlifted home 81,868 Hajis through 244 Haj flights from Saudi Arabia till January 14. PIA's Post Haj operation will bring back a total of over 121,447 H
Published 16 Jan, 2008 12:00am
THE RUPEE: dollar sharply down in open market

THE RUPEE: dollar sharply down in open market

Minor changes were seen in the official and open market rates on Tuesday as demand for dollars still high by the importers to clear the oil payments, currency analysts said. In the meantime, the rupee managed to gain sharply against dollar in the open mar
Published 16 Jan, 2008 12:00am
Man shot dead

Man shot dead

A man was shot dead on Tuesday by an unidentified people at Sector 5E New Karachi. Police claimed that deceased was killed over resistance during bike snatching by the snatchers and when they reached on the spot he was found dead. The body has taken to Ji
Published 16 Jan, 2008 12:00am
THE RUPEE: dollar sharply down in open market

THE RUPEE: dollar sharply down in open market

Minor changes were seen in the official and open market rates on Tuesday as demand for dollars still high by the importers to clear the oil payments, currency analysts said. In the meantime, the rupee managed to gain sharply against dollar in the open mar
Published 16 Jan, 2008 12:00am
Fire breaks out in cotton godown

Fire breaks out in cotton godown

A fire broke out in a warehouse storing cotton due to short circuit within the jurisdiction of SITE police station on Tuesday. Cheepa sources said that nobody was reported hurt in this incident. The watchman of the warehouse first informed the fire brigad
Published 16 Jan, 2008 12:00am
Four priorities outlined for promotion of Modarba

Four priorities outlined for promotion of Modarba

Modaraba sector in Pakistan could be more efficient by development of new products in the Islamic financial market. This was stated by Chairman of Modaraba Association of Pakistan (MAP) Muhammad Shoaib, while speaking at the first meeting of newly elected
Published 16 Jan, 2008 12:00am
Four priorities outlined for promotion of Modarba

Four priorities outlined for promotion of Modarba

Modaraba sector in Pakistan could be more efficient by development of new products in the Islamic financial market. This was stated by Chairman of Modaraba Association of Pakistan (MAP) Muhammad Shoaib, while speaking at the first meeting of newly elected
Published 16 Jan, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (January 15, 2008).
Published 16 Jan, 2008 12:00am
'Political crisis to stay till change of guard'

'Political crisis to stay till change of guard'

All Parties Democratic Movement (APDM) Sindh Convenor and Amir JI Sindh Asadullah Bhutto said on Tuesday that new polls, as well as, formation of any national government under the present regime would not be acceptable, as it could not end the persisting
Published 16 Jan, 2008 12:00am
SBP issues new guidelines for ATM card management

SBP issues new guidelines for ATM card management

State Bank of Pakistan on Tuesday issued new guidelines for retain or disable Automated Teller Machine (ATM) card. SBP in its circular PSD No 1 said that ATMs have been providing important e-banking facility to customers.
Published 16 Jan, 2008 12:00am
Smuggling pushes LPG price to Rs 120/kilo

Smuggling pushes LPG price to Rs 120/kilo

The per kilo price of liquefied petroleum gas (LPG) has jumped to Rs 120 per kilogram following its smuggling to neighbouring country. This was stated by the LPG Distributors Association Chairman Irfan Khokhar while talking to APP on Tuesday.
Published 16 Jan, 2008 12:00am
Karachiites brave another day of prolong power cut

Karachiites brave another day of prolong power cut

The Karachiites braved another day of prolong power cut as power supply from Karachi Nuclear Power Plant (Kanupp) to Karachi Electric Supply corporation (KESC) remained suspended.
Published 16 Jan, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 16 Jan, 2008 12:00am
Sindh government initiates e-policing project

Sindh government initiates e-policing project

A joint e-policing project of Information Technology and Police Departments of the Sindh Government aimed at minimising the crime rate and strengthening coordination amongst various departments of police and provincial government has been initiated on Tue
Published 16 Jan, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (January 15, 2008).
Published 16 Jan, 2008 12:00am
SHC adjourns May 12 cases till January 25

SHC adjourns May 12 cases till January 25

A five-member bench of Sindh High Court (SHC) on Tuesday adjourned hearing of May 12 suo motu reference, petitions, and contempt of court application till January 25 as once again private complainants and members of the bar who are parties to the cases we
Published 16 Jan, 2008 12:00am
RTO fails to achieve target of Rs 48 billion

RTO fails to achieve target of Rs 48 billion

The Regional Tax Office (RTO) Karachi has failed to achieve its fixed target of Rs 48 billion for early six months of the current fiscal year and collected only Rs 38.968 billion.
Published 16 Jan, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 16 Jan, 2008 12:00am