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Print - 2008-01-23
Rs 100 million released for UHS new campus

Rs 100 million released for UHS new campus

The Punjab government has set aside Rs 100 million to build a new campus for the University of Health Sciences (UHS) and chosen 50 acres of land in Kala Shah Kaku in Sheikhupura, a university spokesman revealed on Tuesday. He said the government would spe
Published 23 Jan, 2008 12:00am
Cold, dry weather forecast for next five days

Cold, dry weather forecast for next five days

Meteorological Department forecast dry weather with cold wave conditions and ground frost formation expected in Punjab including Islamabad for next five days.
Published 23 Jan, 2008 12:00am
Pakistan ranked 67th in basic infrastructure category: World Bank report

Pakistan ranked 67th in basic infrastructure category: World Bank report

Poor infrastructure services result in constrained economic activity and reduce the country's growth potential. Elasticity of business sector output and productivity with respect to public core infrastructure investments are usually much higher than those
Published 23 Jan, 2008 12:00am
'PML-Q most popular among masses'

'PML-Q most popular among masses'

PML-Q is the most trusted and popular party among the masses due its performance of the past five years in government, and its pro-poor policies, said former member of National Assembly (MNA) Ahmad Raza Maneka, party candidate from NA-165.
Published 23 Jan, 2008 12:00am
APDM launches election boycott movement

APDM launches election boycott movement

All Pakistan Democratic Movement (APDM) has launched a countrywide election boycott movement from Tuesday, to be continued till February 16. According to Jamaat-e-Islami sources, various committees will be constituted at the provincial, district and local
Published 23 Jan, 2008 12:00am
Contempt of court notice served on Shahbaz Sharif

Contempt of court notice served on Shahbaz Sharif

An anti terrorist court has issued contempt of court notice to Mian Mohammad Shahbaz Sharif, president Pakistan Muslim League (Nawaz) for giving wrong information to the court here on Tuesday.
Published 23 Jan, 2008 12:00am
Cold weather claims six lives in Southern Punjab

Cold weather claims six lives in Southern Punjab

At least six persons including two minor children have died due to extreme cold during last 24 hours in Multan, Muzaffargarh, Alipur, Rajanpur and Layyah. Principal Nishtar Medical College Professor Dr Laiq Hussain Siddiqui said.
Published 23 Jan, 2008 12:00am
Jamaat-i-Islami rejects proposal of national government

Jamaat-i-Islami rejects proposal of national government

Jamaat-i-Islami (JI) has rejected the idea of a national government in the country. It made it clear that no national government under the leadership of Pervez Musharraf was acceptable to it. This was stated by a central leader of the JI Liaqat Baloch whi
Published 23 Jan, 2008 12:00am
The Weather

The Weather

The weather report on Tuesday (January 22, 2008) and the forecast for Wednesday (January 23, 2008).
Published 23 Jan, 2008 12:00am
Fazl no more part of MMA: Qazi

Fazl no more part of MMA: Qazi

Muttahida Majlis-e-Amal (MMA) chief Qazi Hussain Ahmad has said Maulana Fazl-ur-Rahman is no longer a part of the alliance, and added that he was contesting elections from the platform of his party Jamiat Ulema Islam-Fazl (JUI-F) of which he is the head.
Published 23 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 23 Jan, 2008 12:00am
Fazl no more part of MMA: Qazi

Fazl no more part of MMA: Qazi

Muttahida Majlis-e-Amal (MMA) chief Qazi Hussain Ahmad has said Maulana Fazl-ur-Rahman is no longer a part of the alliance, and added that he was contesting elections from the platform of his party Jamiat Ulema Islam-Fazl (JUI-F) of which he is the head.
Published 23 Jan, 2008 12:00am
PPP threatens to sue Musharraf-led government

PPP threatens to sue Musharraf-led government

Pakistan People's Party (PPP) on Tuesday threatened to sue Musharraf-led regime in courts for 'fresh and irrefutable' evidences it claimed to have gathered to expose plans of manipulating next month parliamentary polls.
Published 23 Jan, 2008 12:00am
Nawaz due in Islamabad today

Nawaz due in Islamabad today

Pakistan Muslim League-Nawaz (PML-N) leader Nawaz Sharif is arriving in the federal capital on Wednesday. During his daylong visit, he would meet newspaper editors and electronic media representatives, a party spokesman said.
Published 23 Jan, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (January 22, 2008).

Published 23 Jan, 2008 12:00am
PML-N to resist caretaker government move aimed at evicting residents

PML-N to resist caretaker government move aimed at evicting residents

Pakistan Muslim League-Nawaz (PML-N) has vowed to resist the caretaker government's move of evicting the residents of sector G-6 quarters. Dr Tariq Fazal Chaudhry, PML-N candidate from Islamabad, while talking to media, said that his party would resist th
Published 23 Jan, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (January 22, 2008) and for Wednesday (January 23, 2008).
Published 23 Jan, 2008 12:00am
Nawaz rules out reconciliation with Musharraf

Nawaz rules out reconciliation with Musharraf

Pakistan Muslim League-N Chief and former prime minister Nawaz Sharif has ruled out any possibility of reconciliation or reproaching with "the person who violated the Constitution and sacked the judiciary". His comments came at a meeting with Japanese Amb
Published 23 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 22, 2008).

Published 23 Jan, 2008 12:00am
'PML-N not ready to give Musharraf a safe exit'

'PML-N not ready to give Musharraf a safe exit'

Senior Vice President Pakistan Muslim League-Nawaz (PML-N), Makhdoom Javed Hashmi has said that PML-N was not ready to give President Pervez Musharraf a safe passage provided it got the leading role in the proposed pre-poll national government, nor it wou
Published 23 Jan, 2008 12:00am
Over 32 million children to be vaccinated in anti-polio drive

Over 32 million children to be vaccinated in anti-polio drive

The government launched a three-day countrywide "Polio Immunisation" campaign on Tuesday to vaccinate over 32 million children. Children below the age of five will be administered anti-polio drops during the door-to-door campaign, a private TV reported.
Published 23 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 22, 2008).

Published 23 Jan, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 22, 2008).

Published 23 Jan, 2008 12:00am
Journalist's house looted

Journalist's house looted

A gang of armed dacoits barged into the house of a local journalist and looted gold ornaments, cash and other valuables in the jurisdiction of Korangi police station here on Tuesday night.
Published 23 Jan, 2008 12:00am
THE RUPEE: dollar soars on interbank market

THE RUPEE: dollar soars on interbank market

Bearish sentiment was seen in the interbank market on Tuesday as the rupee lost 22 paisa against dollar for buying and selling at 62.48 and 62.50, dealers said. In the absence of smooth supply of dollars, the rupee tumbled with sharp losses, they added.
Published 23 Jan, 2008 12:00am
Kiran Kohati joins TMedia as managing director

Kiran Kohati joins TMedia as managing director

Group President, Karim Rammal officially announced the appointment of Kiran Sardar Kohati as Managing Director, TMedia - a division of WPP Marketing Communications (Pvt) Ltd, the only 100 percent multinational communication group in Pakistan, says a Press
Published 23 Jan, 2008 12:00am
THE RUPEE: dollar soars on interbank market

THE RUPEE: dollar soars on interbank market

Bearish sentiment was seen in the interbank market on Tuesday as the rupee lost 22 paisa against dollar for buying and selling at 62.48 and 62.50, dealers said. In the absence of smooth supply of dollars, the rupee tumbled with sharp losses, they added.
Published 23 Jan, 2008 12:00am
Ministry extends approval to KSEW to issue second tranche

Ministry extends approval to KSEW to issue second tranche

Ministry of Finance has extended approval to KSEW to issue the second tranche of Sukuk upto an extent of Rs 1,900 million, says a Press Release. The proceeds from the issue will be utilised towards improving the present product offering of KSEW and to und
Published 23 Jan, 2008 12:00am
179 industrial units under construction in Port Qasim Authority

179 industrial units under construction in Port Qasim Authority

Despite limited infrastructure facilities, 179 industrial units are under construction in Port Qasim Authority (PQA) area. This was stated PQA Chairman Rear Admiral Syed Afzal at a networking session and oath taking ceremony of newly elected managing comm
Published 23 Jan, 2008 12:00am
Microsoft launches Office Ready PC campaign

Microsoft launches Office Ready PC campaign

Microsoft Corporation has launched Office Ready PC campaign in all the major cities by holding events with the resellers in Pakistan, says a Press Release.
Published 23 Jan, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (January 22, 2008).

Published 23 Jan, 2008 12:00am
Meeting reviews law and order situation

Meeting reviews law and order situation

Sindh Caretaker Home Minister Brigadier Akhtar Zamin (Retd) has said that after the successful security arrangements for the Youme Ashur, the most important task before the home department in Sindh was to ensure the peaceful and hassle-free general electi
Published 23 Jan, 2008 12:00am
Alfalah GHP Investment announces Funds results

Alfalah GHP Investment announces Funds results

Alfalah GHP Investment Management Limited has announced a Stock Dividend (Bonus Units) for open end funds under its management for financial year 2007, says a press release.
Published 23 Jan, 2008 12:00am
Alfalah GHP Investment announces Funds results

Alfalah GHP Investment announces Funds results

Alfalah GHP Investment Management Limited has announced a Stock Dividend (Bonus Units) for open end funds under its management for financial year 2007, says a press release.
Published 23 Jan, 2008 12:00am
Seafood exporters postpone strike call

Seafood exporters postpone strike call

Pakistan Seafood Industries Association (PSIA) has postponed its call for "No purchases of raw material from January 24, 2008," after a meeting of its delegation with the Administrator Fisherman Co-operative Society (FCS), Tahir Mazhar Dada.
Published 23 Jan, 2008 12:00am
Government urged to link R&D with cotton sale

Government urged to link R&D with cotton sale

In a desperate move on Tuesday apparel sector demanded of the caretaker government to link provision of research and development (R&D) to the cotton yarn sector with the commodity sales in the local market.
Published 23 Jan, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Jan, 2008 12:00am
Vessel carrying 2500 megawatts of LPG due on January 24

Vessel carrying 2500 megawatts of LPG due on January 24

A vessel carrying 2500 metric tons of liquefied petroleum gas (LPG) will reach Karachi port on January 24, 2008, market sources said here Tuesday. Chairman LPG Distributors Association Pakistan Abdul Hadi Khan while welcoming the import of LPG, said that
Published 23 Jan, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (January 22, 2008).

Published 23 Jan, 2008 12:00am
SSGC clarifies

SSGC clarifies

Sui Southern Gas Company (SSGC) spokesperson has clarified that the numerous complaints lodged by the public on Monday evening, regarding pungent odour gas in North Nazimabad and North Karachi, was not due to leakage of natural gas.
Published 23 Jan, 2008 12:00am
KTML's ratings reaffirmed

KTML's ratings reaffirmed

JCR-VIS Credit Rating Co Ltd (JCR-VIS) has reaffirmed the medium to long-term rating of Kunjah Textile Mills Limited (KTML) of BBB (Triple B) and the short-term rating at A-3. The outlook on the medium to long-term rating is 'Stab1e', says a press release
Published 23 Jan, 2008 12:00am
KTML's ratings reaffirmed

KTML's ratings reaffirmed

JCR-VIS Credit Rating Co Ltd (JCR-VIS) has reaffirmed the medium to long-term rating of Kunjah Textile Mills Limited (KTML) of BBB (Triple B) and the short-term rating at A-3. The outlook on the medium to long-term rating is 'Stab1e', says a press release
Published 23 Jan, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Jan, 2008 12:00am
KFHA performance reviewed

KFHA performance reviewed

The performance of Karachi Fish Harbour Authority (KFHA) from management point of view and the bottlenecks being faced were reviewed at a meeting regarding "Competitiveness Support Action Plan for KFHA" held under the chairmanship of Sindh Chief Secretary
Published 23 Jan, 2008 12:00am
Rescue 1122 provides medical aid to 4,000 mourners

Rescue 1122 provides medical aid to 4,000 mourners

The Rescue 1122 provided medical first aid to over 4000 mourners during the 9th and 10th of Muharram in Punjab and its rescuers and ambulances remained busy during two days of mourning. Spokesman of the Emergency Service told reporters on Tuesday that the
Published 23 Jan, 2008 12:00am
Rice trade related meeting on January 24

Rice trade related meeting on January 24

Prime Minister Mohammadmian Soomro has called a meeting on Thursday in Islamabad to discuss various issues related to rice trade. It is expected that important decisions will be taken in this meeting to achieve rice export target to overcome the present p
Published 23 Jan, 2008 12:00am
Rice trade related meeting on January 24

Rice trade related meeting on January 24

Prime Minister Mohammadmian Soomro has called a meeting on Thursday in Islamabad to discuss various issues related to rice trade. It is expected that important decisions will be taken in this meeting to achieve rice export target to overcome the present p
Published 23 Jan, 2008 12:00am
Rice trade related meeting on January 24

Rice trade related meeting on January 24

Prime Minister Mohammadmian Soomro has called a meeting on Thursday in Islamabad to discuss various issues related to rice trade. It is expected that important decisions will be taken in this meeting to achieve rice export target to overcome the present p
Published 23 Jan, 2008 12:00am
Seven troops, 37 militants killed

Seven troops, 37 militants killed

Militants launched new attacks on border forts on Tuesday, leaving seven troops and 37 militants' dead. The attacks in the rugged belt of mountains bordering Afghanistan underlined growing insecurity across the nuclear-armed nation and came just before a
Published 23 Jan, 2008 12:00am
Seven troops, 37 militants killed

Seven troops, 37 militants killed

Militants launched new attacks on border forts on Tuesday, leaving seven troops and 37 militants' dead. The attacks in the rugged belt of mountains bordering Afghanistan underlined growing insecurity across the nuclear-armed nation and came just before a
Published 23 Jan, 2008 12:00am
World powers agree on UN resolution on Iran

World powers agree on UN resolution on Iran

World powers meeting on Iran's disputed nuclear ambitions reached an accord on Tuesday on a new UN Security Council resolution against Tehran, German Foreign Minister Frank-Walter Steinmeier said.
Published 23 Jan, 2008 12:00am
World powers agree on UN resolution on Iran

World powers agree on UN resolution on Iran

World powers meeting on Iran's disputed nuclear ambitions reached an accord on Tuesday on a new UN Security Council resolution against Tehran, German Foreign Minister Frank-Walter Steinmeier said.
Published 23 Jan, 2008 12:00am
Over $2 billion FDI received in July-December

Over $2 billion FDI received in July-December

The country attracted over two billion dollars foreign direct investment (FDI), up by 10 percent, during the first half of the current fiscal year despite poor law and order situation and political uncertainty.
Published 23 Jan, 2008 12:00am
Over $2 billion FDI received in July-December

Over $2 billion FDI received in July-December

The country attracted over two billion dollars foreign direct investment (FDI), up by 10 percent, during the first half of the current fiscal year despite poor law and order situation and political uncertainty.
Published 23 Jan, 2008 12:00am
Over $2 billion FDI received in July-December

Over $2 billion FDI received in July-December

The country attracted over two billion dollars foreign direct investment (FDI), up by 10 percent, during the first half of the current fiscal year despite poor law and order situation and political uncertainty.
Published 23 Jan, 2008 12:00am
US willing to help Pakistan generate cheaper power

US willing to help Pakistan generate cheaper power

The United States is ready to transfer technology to Pakistan to generate cheaper electricity, using hydro, coal and windmill methods instead of opting for the nuclear technology. It emerged from a meeting Principal Officer of the US Consulate Bryan D Hun
Published 23 Jan, 2008 12:00am
US willing to help Pakistan generate cheaper power

US willing to help Pakistan generate cheaper power

The United States is ready to transfer technology to Pakistan to generate cheaper electricity, using hydro, coal and windmill methods instead of opting for the nuclear technology. It emerged from a meeting Principal Officer of the US Consulate Bryan D Hun
Published 23 Jan, 2008 12:00am
US willing to help Pakistan generate cheaper power

US willing to help Pakistan generate cheaper power

The United States is ready to transfer technology to Pakistan to generate cheaper electricity, using hydro, coal and windmill methods instead of opting for the nuclear technology. It emerged from a meeting Principal Officer of the US Consulate Bryan D Hun
Published 23 Jan, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (January 22, 2008).

Published 23 Jan, 2008 12:00am
PAF trainer jet crashes

PAF trainer jet crashes

A Pakistan Air Force (PAF) T-37 Jet Trainer aircraft, crashed at the town of Topi in NWFP, a PAF statement said. "The PAF announces with great sorrow and grief that a T-37 Jet Trainer aircraft, while on a routine training mission, crashed near Ghulam Isha
Published 23 Jan, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (January 22, 2008).

Published 23 Jan, 2008 12:00am
PAF trainer jet crashes

PAF trainer jet crashes

A Pakistan Air Force (PAF) T-37 Jet Trainer aircraft, crashed at the town of Topi in NWFP, a PAF statement said. "The PAF announces with great sorrow and grief that a T-37 Jet Trainer aircraft, while on a routine training mission, crashed near Ghulam Isha
Published 23 Jan, 2008 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (January 22, 2008).

Published 23 Jan, 2008 12:00am
'ISI played pivotal role in aborting terrorist plots'

'ISI played pivotal role in aborting terrorist plots'

Pakistan's Inter-Services Intelligence (ISI), working closely with the agencies of allied countries, has played a pivotal role in aborting several terrorists' plots against Western countries, Pakistani Ambassador Munir Akram has said.
Published 23 Jan, 2008 12:00am
Pak-Saudi joint naval exercise begins

Pak-Saudi joint naval exercise begins

Seven Royal Saudi Naval Forces ships have reached Karachi to participate in the joint exercise 'Naseem al Bahr' with Pakistan Navy commencing from January 22. This was announced in a press release of ISPR (Navy) issued here on Tuesday.
Published 23 Jan, 2008 12:00am
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