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Oct 05, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-01-27
US bonds climb

US bonds climb

US Treasury debt prices rallied on Friday as investors stepped back from stocks and took shelter in bonds ahead of a week that promises volatility amid intense debate about the health of the economy. US equities fell after scoring notable gains during the
Published 27 Jan, 2008 12:00am
Visa IPO hit by unexpected snag-recession fears

Visa IPO hit by unexpected snag-recession fears

Visa Inc, the world's largest credit card network, has been steadily moving toward a public sale of shares, with investors hopeful that the IPO would emulate smaller rival MasterCard's blockbuster stock market debut in 2006.
Published 27 Jan, 2008 12:00am
Gulf stocks retain allure in volatile world

Gulf stocks retain allure in volatile world

Investors who picked Middle East stocks as an insurance policy say high oil prices still make the region a better long-term bet than many emerging markets.
Published 27 Jan, 2008 12:00am
Chile stocks nose down

Chile stocks nose down

Chilean stocks gave back early strong gains to close lower on Friday, after US stocks weakened. The blue chip IPSA index closed 0.88 percent lower at 2,647.59 points after rising 3 percent in morning trade, while the IGPA index slipped 0.64 to 12,438.98,
Published 27 Jan, 2008 12:00am
Mexican stocks decline

Mexican stocks decline

Mexican stocks fell sharply on Friday as investors locked in profits after three straight days of gains and amid fear on Wall Street of more trouble in the global financial sector. The benchmark IPC stock index dropped 1.88 percent in choppy trade to 27,3
Published 27 Jan, 2008 12:00am
Canadian bonds rise

Canadian bonds rise

The Canadian bond prices strengthened on the weaker inflation data, and continued to rise through the session as falling stock prices gave a boost to fixed-income investments. The Toronto Stock Exchange's main composite index, surged early by as much as 2
Published 27 Jan, 2008 12:00am
Canadian bonds rise

Canadian bonds rise

The Canadian bond prices strengthened on the weaker inflation data, and continued to rise through the session as falling stock prices gave a boost to fixed-income investments. The Toronto Stock Exchange's main composite index, surged early by as much as 2
Published 27 Jan, 2008 12:00am
Toronto stocks little changed

Toronto stocks little changed

Early gains on the Toronto Stock Exchange fizzled out on Friday, leaving the composite index little changed at the end of the day as investors opted to lock in profits after a week of wild swings. A retreat by banking shares helped offset advances in the
Published 27 Jan, 2008 12:00am
American credit market outlook

American credit market outlook

The prospects of troubled bond insurers Ambac Financial Group and MBIA Inc have improved since news this week of a possible private bailout, but the rally in their credit default swaps may be short-lived given mounting doubts about the rescue effort.
Published 27 Jan, 2008 12:00am
American credit market outlook

American credit market outlook

The prospects of troubled bond insurers Ambac Financial Group and MBIA Inc have improved since news this week of a possible private bailout, but the rally in their credit default swaps may be short-lived given mounting doubts about the rescue effort.
Published 27 Jan, 2008 12:00am
Emerging debt market closes turbulent week practically flat

Emerging debt market closes turbulent week practically flat

Emerging sovereign debt prices ended practically unchanged on Friday, closing a volatile week in which US recession fears and credit concerns raised risk spreads above 300 basis points for the first time in 2-1/2 years.
Published 27 Jan, 2008 12:00am
Emerging debt market closes turbulent week practically flat

Emerging debt market closes turbulent week practically flat

Emerging sovereign debt prices ended practically unchanged on Friday, closing a volatile week in which US recession fears and credit concerns raised risk spreads above 300 basis points for the first time in 2-1/2 years.
Published 27 Jan, 2008 12:00am
Wall Street sags after two-day rally

Wall Street sags after two-day rally

US stocks dropped on Friday as investors tempered their optimism that the economy could avoid recession, and locked in profits on banking and pharmaceutical shares after two days of sharp gains. Bank shares, among this week's biggest gainers, declined as
Published 27 Jan, 2008 12:00am
Canadian dollar edges lower

Canadian dollar edges lower

The Canadian dollar eased slightly against the greenback on Friday, shaking off tamer than expected inflation data as oil and gold prices rose, and the market looked ahead to an expected US interest rate cut next week. Domestic bond prices rose on the inf
Published 27 Jan, 2008 12:00am
Fading chances for deeper Fed rate cut lift dollar

Fading chances for deeper Fed rate cut lift dollar

The dollar rose on Friday as investors scaled back bets for another aggressive Federal Reserve interest rate cut next week and on optimism a $150 billion stimulus package would help support the US economy. However, concerns about an extended fall in US eq
Published 27 Jan, 2008 12:00am
Forex outlook: US dollar seen struggling

Forex outlook: US dollar seen struggling

The US dollar is likely to remain under pressure in the week ahead, with investors taking their cue from stock markets and the Federal Reserve. The Fed is widely expected to cut the federal funds rate by another 0.5 percentage point at its two day meeting
Published 27 Jan, 2008 12:00am
Taiwan dollar gains on foreign funds

Taiwan dollar gains on foreign funds

The Taiwan dollar firmed on Friday as foreign fund inflows persisted after a rise in local stocks and amid falling US interest rates, while exporters sold US dollars. The Taiwan dollar ended stronger at T$32.300 to the US dollar after opening flat from th
Published 27 Jan, 2008 12:00am
Asian star Philippine peso loses pole position

Asian star Philippine peso loses pole position

The Philippine peso, Asia's best performer in 2007, may struggle to retain the top spot this year as it faces slowing exports and a drop in its hitherto attractive yields.
Published 27 Jan, 2008 12:00am
IMM speculators ease bets against US dollar

IMM speculators ease bets against US dollar

Currency speculators pared bets against the US dollar and pumped up bets in favour of the Swiss franc to the highest in nine weeks, weekly data from the Commodity Futures Trading Commission showed on Friday. The value of the net short dollar position fell
Published 27 Jan, 2008 12:00am
Lee helps Middlesbrough avoid an upset

Lee helps Middlesbrough avoid an upset

Lee Dong-Gook helped Middlesbrough into the FA Cup fifth round as the South Korean's second goal of the season set up a 2-0 win against League Two Mansfield on Saturday. Lee, 28, has struggled to make an impact since his move to Middlesbrough but his firs
Published 27 Jan, 2008 12:00am
First Grand Slam doubles title for Israel

First Grand Slam doubles title for Israel

Jonathan Elrich and Andy Ram won Israel's first Grand Slam doubles tennis title with victory over Wimbledon champions Arnaud Clement and Michael Llodra at the Australian Open on Saturday. The eighth seeds downed the seventh-seeded French combination, 7-5,
Published 27 Jan, 2008 12:00am
Imran Farhat, Taufiq Umar to challenge bans

Imran Farhat, Taufiq Umar to challenge bans

Former Pakistan players Imran Farhat and Taufiq Umar on Saturday said they would challenge a ban on playing domestic cricket slapped on them in punishment for taking part in a rebel Indian league.
Published 27 Jan, 2008 12:00am
Aussies dominate third day

Aussies dominate third day

Opener Matthew Hayden scored his 30th Test century as Australia's batsmen dominated the third day of the fourth and final Test against India here Saturday. In reply to India's 526, the hosts were 322 for three at stumps on the third day, with a watchful c
Published 27 Jan, 2008 12:00am
Adam Gilchrist retires

Adam Gilchrist retires

Record-breaking Australia wicketkeeper Adam Gilchrist unexpectedly announced on Saturday that he will retire from international cricket, ending a remarkable career.
Published 27 Jan, 2008 12:00am
Maria Sharapova crowns as Australian Open queen

Maria Sharapova crowns as Australian Open queen

It was to be the Glam Slam, the squealer versus the squeakier. Instead, Saturday's Australian Open women's final was a battle of brinkmanship and jangling nerves. Ana Ivanovic blinked first and Maria Sharapova was the champion.
Published 27 Jan, 2008 12:00am
Fire engulfs luxury hotel in New Delhi

Fire engulfs luxury hotel in New Delhi

Fire-fighters battled to put out a blaze on Saturday that raced through a luxury hotel in the Indian capital where hundreds of Western tourists were staying. There were no immediate reports of casualties as rescue workers evacuated hotel guests from the b
Published 27 Jan, 2008 12:00am
Violence, gunfire erupts at demonstration in Russia

Violence, gunfire erupts at demonstration in Russia

Security forces fired in the air and beat stone-throwing protestors Saturday to disperse a banned anti-government rally in Russia's largely Muslim province of Ingushetia.
Published 27 Jan, 2008 12:00am
Turkey warns against EU 'club of Christians'

Turkey warns against EU 'club of Christians'

Turkish Foreign Minister Ali Babacan warned the European Union against becoming a "club of Christians" as he pushed Saturday for Ankara's membership in the bloc. "If the EU finds itself as a club of Christians.... it is against the very soul of the EU," B
Published 27 Jan, 2008 12:00am
India hosts Sarkozy at Republic Day amid tight security

India hosts Sarkozy at Republic Day amid tight security

India hosted French President Nicolas Sarkozy at Republic Day on Saturday with a parade showcasing its military might amid tight security across the country, especially in the restive north-east and Kashmir.
Published 27 Jan, 2008 12:00am
Nine killed

Nine killed

At least nine people were killed and one wounded in separate incidents in Iraq, while seven suspected members of the al Qaeda terrorist network were detained, US and Iraqi officials said on Saturday.
Published 27 Jan, 2008 12:00am
Discontent in Iraq over new national flag

Discontent in Iraq over new national flag

The Iraqi parliament's move to adopt a new, temporary national flag has provoked an outcry, with one city refusing to fly it and ordinary Iraqis attaching the old flag to their cars in a silent protest.
Published 27 Jan, 2008 12:00am
Iran gets seventh batch of atomic fuel from Russia

Iran gets seventh batch of atomic fuel from Russia

Iran received a seventh batch of nuclear fuel from Russia on Saturday for the Islamic Republic's first atomic power plant, leaving just one more to complete the total consignment, the official IRNA news agency reported.
Published 27 Jan, 2008 12:00am
Annan slams 'systematic' Kenya abuses as scores killed

Annan slams 'systematic' Kenya abuses as scores killed

Kofi Annan said Saturday he had witnessed "gross and systematic human rights abuses" on a visit to western Kenya, where scores more people were killed in the flashpoint Rift Valley region. Nineteen people died in ethnic clashes in the provincial capital o
Published 27 Jan, 2008 12:00am
Snow snarls transport, strands thousands in China

Snow snarls transport, strands thousands in China

Heavy snow and rain closed airports, highways and train lines across central and eastern China on Saturday, stranding tens of thousands of travellers and threatening to block food supplies.
Published 27 Jan, 2008 12:00am
'Water paucity will impact heavily on our food situation'

'Water paucity will impact heavily on our food situation'

Did Pakistan surrender all its rights as lower riparian to India when it (rather unwisely) signed the Indus Water Treaty? The point came up in a discussion session on the subject 'Debating Effective Solutions For Constrained Water Future Of Pakistan,' hel
Published 27 Jan, 2008 12:00am
PEC workshop on quality management from January 29

PEC workshop on quality management from January 29

Pakistan Engineering Council (PEC) will hold two-day workshop on "Total Quality Management" from Tuesday, January 29 at its headquarters here. Planning Commission of Pakistan's Chairman Engineer Dr M Akram Sheikh will be the chief guest at the inaugural s
Published 27 Jan, 2008 12:00am
Operation aims to rid people of miscreants: ISPR DG

Operation aims to rid people of miscreants: ISPR DG

The Director General of Inter-Services Public Relations (ISPR), Major General Athar Abbas, on Saturday said that the operation launched in Darra Adamkhel and South Wazristan Agency was aimed to rid the local people of the miscreants.
Published 27 Jan, 2008 12:00am
Over 96 percent work on south-bound Lyari Expressway completed

Over 96 percent work on south-bound Lyari Expressway completed

Over 96 percent work on the south-bound portion of Lyari Expressway project in Karachi has been completed and is it is hoped that this portion would be opened for traffic in a couple of months. Sources in National Highway Authority (NHA) told APP that ove
Published 27 Jan, 2008 12:00am
Shams underlines need for preservation of social norms

Shams underlines need for preservation of social norms

NWFP Chief Minister Shams-ul-Mulk has underlined the need for understanding the role of individuals in the society, and stressed upon preserving the social norms and putting a stop to its gradual erosion.
Published 27 Jan, 2008 12:00am
UK defence team due on January 28

UK defence team due on January 28

A 14-member defence delegation of United Kingdom (UK), led by the UK Permanent Under Secretary, Bill Jeffrey, is arriving here on Monday on an official visit to Pakistan.
Published 27 Jan, 2008 12:00am
20 small dams to be built in Karak

20 small dams to be built in Karak

The federal and provincial governments have started pondering on construction of 20 dams in the Karak district and Rs 13 billion has been earmarked for the construction of five dams. The funds have been earmarked for small dams at Ghol, Karak, Lwagar, Pay
Published 27 Jan, 2008 12:00am
The importance of 'World Customs Day'

The importance of 'World Customs Day'

World Customs Day was observed on January 26. On this day international customs related community renewed its pledge that they would not only eliminate financial crimes from their country, but would also simplify international trade procedures. Due to fas
Published 27 Jan, 2008 12:00am
Foreign educated leaders

Foreign educated leaders

I have always been optimistic in life. Even in the worst crisis I have always remained hopeful that it is just a temporary phase and soon with the Blessings of Allah better times would come. My theology had not merely remained in my personal life but also
Published 27 Jan, 2008 12:00am
Builders mafia

Builders mafia

Despite the fact that this city - Karachi - of teeming millions is confronted with various problems, man-made or otherwise (like crime, electricity, sanitation, transport, etc) yet a new craze has emerged among certain individuals and/or parties with fina
Published 27 Jan, 2008 12:00am
In home town, Russia's next leader gets a makeover

In home town, Russia's next leader gets a makeover

The deputy head of School Number 305 gets misty eyed as she describes the day Dmitry Medvedev, the man tipped to be Russia's next president, came back to his old school. "I was trembling because such a great leader of our country was about to come," said
Published 27 Jan, 2008 12:00am
In US, plastic shopping bag still rules

In US, plastic shopping bag still rules

Australia and China are phasing them out, Germany and Ireland tax them, but in the United States, the plastic shopping bag is still king. Outside supermarkets across the country, Americans push shopping carts laden with a dozen or more plastic bags full o
Published 27 Jan, 2008 12:00am
Pakistan-USA relations

Pakistan-USA relations

Pakistan-US relations are once again going through ups and downs despite their being old friends and allies for decades together. In lieu of fighting war on terror as an active member of US-led international coalition, Pakistan has since been conferred wi
Published 27 Jan, 2008 12:00am
Drive against spurious drugs

Drive against spurious drugs

Chairing a meeting to review the pace of implementation of Health Sector Reforms Programme aimed at making quality medicines available to the people, Punjab Caretaker Chief Minister Ejaz Nisar is reported to have ordered sweeping action against unscrupulo
Published 27 Jan, 2008 12:00am
Soaring steel prices

Soaring steel prices

Like so much else in this country these days, the economy has also started to generate unwelcome news. The latest unpleasant news comes from the steel industry.
Published 27 Jan, 2008 12:00am
UVAS teachers' body elects new office-bearers

UVAS teachers' body elects new office-bearers

The teaching staff association of the University of Veterinary and Animal Sciences in Lahore on Saturday elected new office holders for this year. The association named Professor Dr Zafar Iqbal Chaudhry president, Professor Dr Anjum Khaliq vice president,
Published 27 Jan, 2008 12:00am
Media support to counter anti-Pakistani propaganda underlined

Media support to counter anti-Pakistani propaganda underlined

The Punjab governor has made it clear that Pakistan badly needs the support of her print and electronic media to establish national integrity to counter the anti-Pakistani propaganda by the international media.
Published 27 Jan, 2008 12:00am
Wapda workers rally against price hike

Wapda workers rally against price hike

Hundreds of Water and Power Development Authority Electricity Union workers staged a protest rally on Saturday outside the Bakthiar Labour Hall against the rising prices and condemned the government for failing to crack on hoarders and profiteers.
Published 27 Jan, 2008 12:00am
Milk cooling units being set up across country: Naveed

Milk cooling units being set up across country: Naveed

The first batch of students having a four-month long training in "basic veterinary services and artificial insemination" will pass out on Monday from the University of Veterinary and Animal Sciences.
Published 27 Jan, 2008 12:00am
SPDC annual review meeting held

SPDC annual review meeting held

Although the devolution plan 2001 has encouraged women participation, the electoral malpractice and local elite stratum's traditional influence have virtually hampered their genuine empowerment process, the annual review 2006-07 of social development in P
Published 27 Jan, 2008 12:00am
PMA calls for efficient healthcare under district governments

PMA calls for efficient healthcare under district governments

District governments need to create a system under which all healthcare facilities in their areas have required number of staff, mandatory provision for quality service complimented by accountability and transparency.
Published 27 Jan, 2008 12:00am
Inspector suspended

Inspector suspended

The Capital City Police have suspended Investigation In-charge Burki Inspector Mohammad Arshad after being charged with illegally keeping Mohammad Akbar in confinement.
Published 27 Jan, 2008 12:00am
Rs 17.2 million distributed among martyred policemen's heirs

Rs 17.2 million distributed among martyred policemen's heirs

Capital City Police Officer (CCPO), Additional Inspector General, Malik Muhammad Iqbal has said that the protection of life and property is the prime responsibility of his force. "The police are fully alert for rooting out terrorism from the country and a
Published 27 Jan, 2008 12:00am
Nazim held for alleged links with dacoit

Nazim held for alleged links with dacoit

The Khairpur police has arrested two men including a UC Nazim for suspected links with a dacoit. District Police Officer (DPO) Khairpur, Fida Hussain Mastoi told reporters that Sobhodero and Gambat police raided village Khemtia and arrested Younus Khemtio
Published 27 Jan, 2008 12:00am
Canada Navy helps Pakistani fishermen

Canada Navy helps Pakistani fishermen

The Canadian Navy said Friday it helped 18 fishermen who were adrift in a boat that ran out of fuel off the coast of Pakistan. The crew of the Navy ship Charlottetown on Thursday responded to a distress signal from the "Al-Rahman" fishing vessel with 18 P
Published 27 Jan, 2008 12:00am
10 Indian fishermen arrested

10 Indian fishermen arrested

Maritime Security authorities arrested 10 Indian fishermen some 90 nautical miles from the coast in Pakistan territorial waters, officials said Saturday. The arrested fishermen were handed over to police, they said.
Published 27 Jan, 2008 12:00am
HEC holds 'Best university teacher award' ceremony

HEC holds 'Best university teacher award' ceremony

Teachers are the heart and soul of education systems, who explore creative talents of their students and introduce them with new horizons of knowledge and learning. This was stated by Dr Attaur Rahman, Chairman Higher Education Commission (HEC), while add
Published 27 Jan, 2008 12:00am
Erra and Gaddafi Foundation ink MoU

Erra and Gaddafi Foundation ink MoU

Earthquake Reconstruction and Rehabilitation Authority (Erra) on Saturday signed a Memorandum of Understanding (MoU) of $25 million with the Gaddafi Foundation for construction of various civic facilities in new Balakot city.
Published 27 Jan, 2008 12:00am
Punjab chief minister vows to provide healthcare facilities

Punjab chief minister vows to provide healthcare facilities

The Punjab chief minister has pledged that his government will establish a healthy society with health facilities. Ejaz Nisar told his audience in the launching ceremony of the Minimum Service Delivery Standards for the health sector at a local hotel.
Published 27 Jan, 2008 12:00am
Qazi Izharuddin Izhar passes away

Qazi Izharuddin Izhar passes away

Renowned poet of Sindhi and Urdu and a social worker Qazi Izharuddin Izhar passed away on Saturday after a prolonged illness. Qazi Izharuddin Izhar, who has a unique identity in Pakistani literature, had written eight collection of poetry.
Published 27 Jan, 2008 12:00am
CHAEF to launch MCH plan at its healthcare centres

CHAEF to launch MCH plan at its healthcare centres

Terming the mothers' health key to the healthy nation, Sindh Minister for Health, Mrs Fauzia A Lari has lauded the efforts of Non Governmental Organisations (NGOs) for mothers and new-borns' health. She said this while addressing a seminar in a local hote
Published 27 Jan, 2008 12:00am
Rich tributes paid: City Council condoles Benazir's death

Rich tributes paid: City Council condoles Benazir's death

The Karachi City Council in a dedicated session in Karachi on Saturday, expressing its grief over the death of Benazir Bhutto in a "terrorist" attack on December 27, 2007, paid rich tributes to the departed leader.
Published 27 Jan, 2008 12:00am
'Pakistan Package': PTCL scheme overburdens subscribers

'Pakistan Package': PTCL scheme overburdens subscribers

Pakistan Telecommunication Company Limited (PTCL) has levied Rs 199 as "Pakistan Package" charges on all telephone bills for the month of December 2007, which would take out more than Rs 960 million from the pockets of about five million landline users wi
Published 27 Jan, 2008 12:00am
FHM becomes observer member of IFSB

FHM becomes observer member of IFSB

First Habib Modaraba (FHM) has become the observer member of Islamic Financial Services Board (IFSB). At present FHM the only member of IFSB in entire Modaraba and Non-Banking Financial Companies (NBFC) sector representing in Pakistan.
Published 27 Jan, 2008 12:00am
FHM becomes observer member of IFSB

FHM becomes observer member of IFSB

First Habib Modaraba (FHM) has become the observer member of Islamic Financial Services Board (IFSB). At present FHM the only member of IFSB in entire Modaraba and Non-Banking Financial Companies (NBFC) sector representing in Pakistan.
Published 27 Jan, 2008 12:00am
Aslam Sindhu wins PBC polls

Aslam Sindhu wins PBC polls

Aslam Sindhu has won Punjab Bar Council (PBC)'s elections and become vice chairman of the council by defeating Saeed Bhutta. Intikhab Hussain Shah became the Executive Committee chairman by defeating Khuram Latife Khosa. Sindhu won 57 votes out of 75 whil
Published 27 Jan, 2008 12:00am
ANP leader gunned down

ANP leader gunned down

A local leader of Awami National Party (ANP) Dulasa Khan was shot dead in the area of North Nazimabad here on Saturday. The incident occurred at Kausar Niazi Colony, North Nazimabad in the afternoon when some unidentified assailants opened fire on Dulasa
Published 27 Jan, 2008 12:00am
Huge quantity of contrabands destroyed

Huge quantity of contrabands destroyed

The Customs, as part of its programmes to mark the International Custom Day, destroyed by setting on fire huge quantity of contrabands including 108 kg heroin, 234 kg Charas, 19 kg opium, 35 kg hashish, 300 kg cannabis leave besides 11845 bottles of forei
Published 27 Jan, 2008 12:00am
International Customs Day observed

International Customs Day observed

International Customs Day was observed by Customs and Faisalabad Dry Port Trust jointly here on Saturday. During the ceremony both Pakistan and custom flags were hoisted at the dry port.
Published 27 Jan, 2008 12:00am
Kashmiris hold protest rally outside Indian high commission

Kashmiris hold protest rally outside Indian high commission

Kashmiri organisations led by former AJK prime minister Sultan Mehmood Chaudhary on Saturday stage a demonstration in front of Indian High Commission here on India's Republic Day to protest against atrocities being carried out in occupied Kashmir.
Published 27 Jan, 2008 12:00am
Government to form authority for collection of provincial levies

Government to form authority for collection of provincial levies

Caretaker Punjab Minister, Khawaja Muhammad Jalaluddin Roomi has said that government is actively considering a proposal to form an authority for collection of provincial levies like social security contribution, old age benefit, education cess, workers'
Published 27 Jan, 2008 12:00am
Nilofer to meet KCCI's president

Nilofer to meet KCCI's president

Former minister Nilofer Bakhtiar, the founder of an NGO 'Bardasht', will call on President of Karachi Chamber of Commerce and Industry (KCCI) on Monday (tomorrow) at the Chamber's Secretariat.
Published 27 Jan, 2008 12:00am
Plan initiated to set up hospitals in Punjab industrial towns

Plan initiated to set up hospitals in Punjab industrial towns

Provincial government has initiated a well-knitted plan for setting up most modern Social Security hospitals in major industrial towns of the Punjab. Official sources told Business Recorder here on Saturday that these hospitals are being constructe
Published 27 Jan, 2008 12:00am
Cardiologist to deliver lecture on January 28

Cardiologist to deliver lecture on January 28

A consultant cardiologist Whipps Cross at St Bartholomew's Hospitals in London a leading international figure in inflammation and heart disease will lecture a selected gathering of heart specialists and cardiologists at a Lahore hotel on January 28.
Published 27 Jan, 2008 12:00am
Three women die every hour from childbirth complications

Three women die every hour from childbirth complications

In Pakistan, three women die every hour from childbirth and pregnancy related complications. Every one minute, a woman dies due to obstetric world-wide. Over 600,000 die in one year, 99 percent of these are in developing countries.
Published 27 Jan, 2008 12:00am
Workshops on population census begins

Workshops on population census begins

Regional sensitisation workshops on population census will be held from January 26 to March 4 in the country. "The sensitisation workshops will be held at District Council halls at Sargodha, Lahore, Faisalabad, Gujranwala, Multan, Rawalpindi, Sibi, Quetta
Published 27 Jan, 2008 12:00am
Canadian firm to set up CNG kits manufacturing facility

Canadian firm to set up CNG kits manufacturing facility

"Pakistan is the single largest market for compressed natural gas (CNG) and our company has decided to set up a manufacturing facility in this important country to produce CNG filling stations." Peter R Wressell, President and Chief Operating Officer of F
Published 27 Jan, 2008 12:00am
Imran warns US of awful result if it invades Fata

Imran warns US of awful result if it invades Fata

Pakistan Tehrik-e-Insaf (PTI) chief Imran Khan has said that the US will commit biggest ever mistake if it sends its troops in tribal areas of Pakistan. Talking to a private TV channel, Imran Khan said that he opposed the suggestion of sending US troops t
Published 27 Jan, 2008 12:00am
PML-N to sweep poll

PML-N to sweep poll

Pakistan Muslim League-Nawaz (PML-N) would sweep the polls scheduled for February 18, said Chaudhry Amjad Ali Khan, a candidate for PP-256 here on Saturday. Addressing a corner meeting, he said PML-N believed in politics based on principles and had nothin
Published 27 Jan, 2008 12:00am
PPP devises strategy to counter government's rigging plan: Gilani

PPP devises strategy to counter government's rigging plan: Gilani

PPP Vice Chairman Syed Yousaf Raza Gilani has said according to his party's assessment the PPP will win the February 18 elections with thumping majority. He said some forces were trying to disintegrate the country but the PPP would save the Federation aft
Published 27 Jan, 2008 12:00am
PPP takes note of pre-poll rigging

PPP takes note of pre-poll rigging

Pakistan Peoples Party's election monitoring cell Karachi condemned the use of official resources for the government-backed candidates, transfers of government officials and registration of cases against PPP workers, and demanded immediate withdrawal of t
Published 27 Jan, 2008 12:00am
Government gives over Rs 6.50 billion for workers welfare

Government gives over Rs 6.50 billion for workers welfare

Federal government under Workers Welfare Fund (WWF) has provided more than Rs 6.50 billion to Punjab, Sindh, NWFP and Balochistan for the social welfare of industrial workers and for the construction of labour complexes in their respective provinces.
Published 27 Jan, 2008 12:00am
Balochistan in grip of severe cold

Balochistan in grip of severe cold

Met office on Saturday forecasts frosty weather in Zhob, Kalat and Quetta divisions and cold weather in Makran, Sibi and Nasirabad division for the next 24 hours. The maximum temperature would remain 03 to 05 degrees Celsius and the minimum as -05 to -07
Published 27 Jan, 2008 12:00am
Aunt of Prime Minister passes away

Aunt of Prime Minister passes away

The paternal aunt of Caretaker Prime Minister, Mohammadmian Soomro, passed away here on Friday night. She was over 80. She was the widow of Rahim Baksh Soomro. The body of the deceased is being shifted to Shikarpur for the burial.
Published 27 Jan, 2008 12:00am
Smooth power and gas supply to industries demanded

Smooth power and gas supply to industries demanded

Former vice-president, Federation of Pakistan Chambers and Industry, and tycoon of Pakistan's leather industry, Arshad Alam, has called upon the government to ensure smooth supply of gas and electricity to industries in the country, especially in Karachi
Published 27 Jan, 2008 12:00am
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