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Print - 2008-02-22
After the polls

After the polls

Polls have at last been held after being talked a lot during recent weeks. The important and vital phase of the democratic process has been completed quite successfully, indeed. Equally important like holding of the polls is the maintenance of peace, harm
Published 22 Feb, 2008 12:00am
'Father figure'

'Father figure'

President Pervez Musharraf has quite rightly pledged to be a "father figure" to the new Prime Minister. In an interview with the British newspaper "Independent", the President explained a bit that his role as a president is simply going to be that of chec
Published 22 Feb, 2008 12:00am
Peace above all

Peace above all

The general elections are over and now it is the post-polls peace which is needed most and must be maintained and ensured at all costs in the larger interests of the nation and the country.
Published 22 Feb, 2008 12:00am
Understanding insurgency in FATA: a civilian perspective

Understanding insurgency in FATA: a civilian perspective

Tribal Areas have been in the spotlight for more than four years now. Occasional skirmishes between militants and the security forces have now assumed the shape of a full-blown insurgency. Besides having caused a total disruption of life, the fighting has
Published 22 Feb, 2008 12:00am
Of hopes and perceptions

Of hopes and perceptions

While welcoming the results of the general election in Pakistan, US President George W. Bush expressed the hope that the new government will be "friends of the United States." Similarly, the hope in this country is that the US will be a friend of Pakistan
Published 22 Feb, 2008 12:00am
Rise in external indebtedness

Rise in external indebtedness

While the government has been claiming credit for putting the economy on the path of sustainable development, some of the vital economic indicators have, of late, shown alarming trends.
Published 22 Feb, 2008 12:00am
LSE to auction defaulted member's card today

LSE to auction defaulted member's card today

The Lahore Stock Exchange (LSE) has announced that it is auctioning the Mehdi Securities' membership card after being found guilty of defaulting. The auction will take place on Friday at 4 pm in the exchange's auditorium. The LSE has fixed Rs 32.5 million
Published 22 Feb, 2008 12:00am
Faisal overwhelms Abida fourth time in NA poll

Faisal overwhelms Abida fourth time in NA poll

Pakistan Football Federation (PFF) President Makhdoom Syed Faisal Saleh Hayat, representing the Pakistan Muslim League-Q, has continued his victory run in style when he emerged victorious from Jhang's NA-88 constituency during the 2008 elections.
Published 22 Feb, 2008 12:00am
APAT emergency meeting today

APAT emergency meeting today

President of All Pakistan Anjuman-e-Tajiran, Haji Maqsood Butt, has said that the public has fulfilled its obligation and now it is the turn of politicians to fulfil their promises and review the new political situation. The Anjuman has also called for an
Published 22 Feb, 2008 12:00am
Qirat competition held

Qirat competition held

A "Qirat and oratorical" competition, in connection with the 964th 'Urs' of Sufi Saint, Hazrat Data Gang Baksh (AR) was held at Markaz Mauraf Aulia Auqaf, Data Darbar Complex on Thursday with the Director General, Auqaf, Dr Tahir Raza Bukhari in chair.
Published 22 Feb, 2008 12:00am
Government helps promote Punjabi language: Gondal

Government helps promote Punjabi language: Gondal

Punjab Information Secretary Ashfaq Ahmad Gondal has said that the government is providing financial assistance to organisations and individuals promoting and popularising Punjabi language. He also said that the Constitution of Pakistan guarantees develop
Published 22 Feb, 2008 12:00am
Pervaiz wants Musharraf to stay for five years

Pervaiz wants Musharraf to stay for five years

Pakistan Muslim League-Quaid-e-Azam leader Pervaiz Elahi on Thursday said his party and allies have elected Pervez Musharraf as president for five years and hoped the latter would remain the head of the state for his term.
Published 22 Feb, 2008 12:00am
'Punjab makes significant progress in economic field'

'Punjab makes significant progress in economic field'

Punjab Chief Economist Dr Shujaat Ali talking to senior journalists at P&D Board office here on Thursday, said Punjab made significant progress in all aspects of the economy since the broad-based strategic thrust identification in the Vision - 2020.
Published 22 Feb, 2008 12:00am
Sindh University and Intel sign MoU

Sindh University and Intel sign MoU

The University of Sindh (SU) and Intel Pakistan have signed a Memorandum of Understanding (MoU) in order to build a collaborative relationship aiming at promoting effective skill of Information Technology (IT) among teachers and students.
Published 22 Feb, 2008 12:00am
Agribusiness Support Fund approves Rs 266 million projects

Agribusiness Support Fund approves Rs 266 million projects

The Agribusiness Support Fund has approved participatory projects being initiated by the private sector worth Rs 266 million through matching grants and aimed at value addition in the horticulture, floriculture and dairy and livestock sectors.
Published 22 Feb, 2008 12:00am
Lawyers boycott courts

Lawyers boycott courts

Pakpattan Bar Association observed strike and boycotted the courts on Thursday on the call of Punjab Bar Council. Bar members and office-bearers told newsmen that their struggle will continue till the fulfilment of their demands.
Published 22 Feb, 2008 12:00am
Provinces asked to expedite upcountry wheat transportation

Provinces asked to expedite upcountry wheat transportation

Federal Food Committee (FFC) has asked provincial governments to expedite upcountry wheat transportation of imported wheat by engaging private road transport companies at TCP rates besides railways trains.
Published 22 Feb, 2008 12:00am
Seminar on child rights on February 23

Seminar on child rights on February 23

A seminar on child rights will be held at a local hotel on February 23. The moot would be organised by the British Council in collaboration with the British Alumni Association. The keynote address would be delivered by Human Rights Education Programme's D
Published 22 Feb, 2008 12:00am
Domki and Kakar deaths condoled

Domki and Kakar deaths condoled

Acting chairman Jan Mohammad Khan Jamali and leader of the house in Senate, Wasim Sajjad have expressed grief on the deaths of two prominent politicians of Balochistan as well as former senators, Nabi Buksh Domki and former speaker of the Balochistan Asse
Published 22 Feb, 2008 12:00am
Asfandyar urges foreign help to keep militants on run

Asfandyar urges foreign help to keep militants on run

Chief of the Awami National Party (ANP), Asfandyar Wali Khan, hailed its election win over hard-liners as a triumph for moderate forces, but called for international aid to stamp out militancy for good. Asfandyar said economic assistance and political rec
Published 22 Feb, 2008 12:00am
US urges Pakistanis to keep Musharraf

US urges Pakistanis to keep Musharraf

The Bush administration is pressing the opposition leaders who defeated Pakistani President Pervez Musharraf to allow the former general to retain his position, a move that Western diplomats and US officials say could trigger the very turmoil the United S
Published 22 Feb, 2008 12:00am
PALPA elects office-bearers

PALPA elects office-bearers

Captain Imran Usman and Captain Sohail Baluch were elected president and vice-president respectively of Pakistan Airlines Pilots' Association (PALPA) at the annual general meeting held here on Wednesday. The annual general meeting and the general election
Published 22 Feb, 2008 12:00am
100th MBL Islamic banking branch opens

100th MBL Islamic banking branch opens

Meezan Bank President and CEO Irfan Siddiqui said that Bank is committed to fulfilling its vision of establishing Islamic banking as banking of first choice and its branch network would reach 150 by the end of this year.
Published 22 Feb, 2008 12:00am
JS Bank, EFU Life launch Bancassurance

JS Bank, EFU Life launch Bancassurance

JS Bank Limited has launched its first two Bancassurance products in association with EFU Life Assurance Ltd. Inauguration ceremony was held at the head office of JS Bank, attended by senior management of both the organisations.
Published 22 Feb, 2008 12:00am
JS Bank, EFU Life launch Bancassurance

JS Bank, EFU Life launch Bancassurance

JS Bank Limited has launched its first two Bancassurance products in association with EFU Life Assurance Ltd. Inauguration ceremony was held at the head office of JS Bank, attended by senior management of both the organisations.
Published 22 Feb, 2008 12:00am
Bank Al Habib earns Rs 2.211 billion

Bank Al Habib earns Rs 2.211 billion

The Bank Al Habib Limited has earned profit of Rs 2.211 billion in the year ended December 31, 2007 as compared to Rs 1.760 billion earned in the corresponding period in 2006. The bank's earning per share increased to Rs 6.01 in the period under review ag
Published 22 Feb, 2008 12:00am
Bank Al Habib earns Rs 2.211 billion

Bank Al Habib earns Rs 2.211 billion

The Bank Al Habib Limited has earned profit of Rs 2.211 billion in the year ended December 31, 2007 as compared to Rs 1.760 billion earned in the corresponding period in 2006. The bank's earning per share increased to Rs 6.01 in the period under review ag
Published 22 Feb, 2008 12:00am
KSE launches securities trading course

KSE launches securities trading course

The Karachi Stock Exchange (KSE) in collaboration with the Institute of Securities, Management and Research has launched a securities trading course at the KSE. The basic purpose of the course is to create awareness and knowledge of stock market trading a
Published 22 Feb, 2008 12:00am
Seminar on future status of Kashmir held

Seminar on future status of Kashmir held

A seminar on the principle of self-determination and the future status of Kashmir held here on Wednesday asserted that the solution to the disputed issue lay with the people of Kashmir.
Published 22 Feb, 2008 12:00am
Three policemen killed

Three policemen killed

Three policemen were killed while two others seriously injured on Thursday when unknown assailants opened fire on them, police and eyewitnesses said. The policemen were patrolling in Killi Ismail locality here in the morning when they came under attack by
Published 22 Feb, 2008 12:00am
Samsung unveils SyncMaster 220TN monitor

Samsung unveils SyncMaster 220TN monitor

Samsung Electronics, a world-leading manufacturer of professional LCD and PDP display products, has unveiled the new SyncMaster 220TN monitor, the company's first V2oIP-enabled network monitor.
Published 22 Feb, 2008 12:00am
Major reshuffle in Sindh bureaucracy expected

Major reshuffle in Sindh bureaucracy expected

A major reshuffle in the top provincial bureaucracy is expected after the formation of a, new government in the province while the top bureaucrats themselves were worried about their future, in view of the post-election scenario.
Published 22 Feb, 2008 12:00am
Exposition Pakistan rescheduled

Exposition Pakistan rescheduled

Minister of State & Chief Executive Trade Development Authority of Pakistan (TDAP), Tariq Ikram has decided to reschedule the Expo Pakistan for October, 2008. The minister revealed this while presiding over a meeting held here on Thursday.
Published 22 Feb, 2008 12:00am
HRCP condemns police violence on lawyers

HRCP condemns police violence on lawyers

In a joint statement issued to the press, Human Rights Commission of Pakistan (HRCP) Secretary General Iqbal Haider and HRCP Vice Chairperson Ms Zohra Yusuf strongly condemned the police violence on a peaceful demonstration of lawyers gathered outside the
Published 22 Feb, 2008 12:00am
Sales tax on computer items may go: minister

Sales tax on computer items may go: minister

Caretaker Federal Information Technology (IT) Minister Abdullah Riar on Thursday said his ministry would send a summary soon to the Federal Board of Revenue (FBR) to eliminate sales tax on computer products from the next budget.
Published 22 Feb, 2008 12:00am
Pakistani products exposition opens in London

Pakistani products exposition opens in London

A two-day exhibition and sale of fabric, home ware, fashion wear, jewellery, carpets and gifts by Pakistan's women entrepreneurs opens here on Friday at the Kensington Great Hall, Central London, to showcase the country's wide range of products.
Published 22 Feb, 2008 12:00am
Lawyers boycott court proceedings in Multan

Lawyers boycott court proceedings in Multan

Lawyers of Multan on Thursday observed complete strike and boycotted the courts proceedings and vowed to continue their struggle till the restoration of November 3 judiciary. They also organised a demonstration and shouted slogans in favour of their deman
Published 22 Feb, 2008 12:00am
Lawyers stage rally

Lawyers stage rally

Lawyers on Thursday boycotted courts and stopped their colleagues from attending the court proceedings. Lawyers also staged a rally on the Mall chanting slogans against President Pervez Musharraf, the government and the judges and set up hunger-strike cam
Published 22 Feb, 2008 12:00am
Three lawyers injured, 13 arrested

Three lawyers injured, 13 arrested

At least three lawyers were injured while 13 others arrested during their protest in the premises of City Court on Thursday. The lawyers were staging demonstration for the restoration of the deposed chief justice, Iftikhar Chaudhry and more than 60 other
Published 22 Feb, 2008 12:00am
New MNA vows to serve with diligence

New MNA vows to serve with diligence

The success of Pakistan Muslim League-Nawaz (PML-N) is the direct outcome of people's rejection of policies of the previous government, stated newly elected Member of National Assembly, Mohammed Birjis Tahir.
Published 22 Feb, 2008 12:00am
'PML-N not to compromise on national interests'

'PML-N not to compromise on national interests'

Pakistan Muslim League-Nawaz (PML-N)'s General Secretary Mian Mujtaba Shuja-ur-Rehamn has stressed that PML-N will not compromise on national interest at any cost. He said this during a meeting held with a delegation led by party vice president Mian Zulfi
Published 22 Feb, 2008 12:00am
Shahbaz meets Saudi envoy

Shahbaz meets Saudi envoy

The President, Pakistan Muslim League-N, Mian Shahbaz Sharif called on the Ambassador of Saudi Arabia, Ali Al-Ibad Al-Assiri at Saudi embassy here on Tuesday and exchanged various important issues with him. Elucidating the stand of his party, Shahbaz cate
Published 22 Feb, 2008 12:00am
The Weather

The Weather

The weather report on Thursday (February 21,2008) and the forecast for Friday (February 22,2008).
Published 22 Feb, 2008 12:00am
PPP seeks probe of alleged vote-rigging

PPP seeks probe of alleged vote-rigging

The Pakistan People's Party of slain opposition leader Benazir Bhutto on Thursday demanded the formation of a judicial commission to investigate complaints of vote-rigging. The commission should examine allegations of electoral fraud and rigging in Karach
Published 22 Feb, 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 22 Feb, 2008 12:00am
National Assembly prepares to receive new members

National Assembly prepares to receive new members

It is clear that Speaker Chaudhry Amir Hussain will keep the tradition and swear in the new set of members when the 13th National Assembly is called to session. However, the Assembly would be called into session probably in the first week of March, after
Published 22 Feb, 2008 12:00am
New assembly will not survive for long: Niazi

New assembly will not survive for long: Niazi

Former federal minister for Parliamentary Affairs Dr Sherafgan has said that ostensibly, the new assembly will not function for a long period. Addressing the Chakwal Press Club telephonically from Mianwali on Tuesday, he predicted a quarrel over the elect
Published 22 Feb, 2008 12:00am
Kasuri for national government

Kasuri for national government

The former foreign minister admitted that the Pakistan Muslim League-Q has faced the consequences of its support to policies of President Pervez Musharraf. Former minister Khurshid Mahmood Kasuri told reporters on Thursday that solution of all the issues
Published 22 Feb, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (February 21,2008).

Published 22 Feb, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (February 21,2008) and for Friday (February 22,2008).
Published 22 Feb, 2008 12:00am
Bank dacoity: three dacoits killed in encounter with police

Bank dacoity: three dacoits killed in encounter with police

Three dacoits were on Thursday killed and one police constable sustained serious injuries in encounter with police when a gang of six dacoits tried to escape after looting cash and gold ornaments worth millions of rupees from the National Bank of Pakistan
Published 22 Feb, 2008 12:00am
Election 2008: Gallup survey - III

Election 2008: Gallup survey - III

As Asif Ali Zardari and Nawaz Sharif scramble to put together an alliance to form a Government one thing must be on their mind: How would their voters react to their alliance-formation. Are they emotionally supportive of some political parties more than o
Published 22 Feb, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (February 21,2008).

Published 22 Feb, 2008 12:00am
UNFPA to provide $2.4 million for population welfare programmes

UNFPA to provide $2.4 million for population welfare programmes

A signing ceremony for implementing the Annual Work Plan 2008 between Ministry of Population and UNFPA was held here on Thursday under which the United Nations Population Fund (UNFPA) would provide $2.4 million for population welfare programmes.
Published 22 Feb, 2008 12:00am
Drive to disconnect water supply

Drive to disconnect water supply

The Karachi Water and Sewerage Board (KW&SB) has decided to start stern campaign against non-payers by disconnecting water supply. According to press release, KW&SB informed non-payers to clear water dues otherwise the water supply would be disconnected w
Published 22 Feb, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 21,2008).

Published 22 Feb, 2008 12:00am
PPP may concede NWFP chief minister slot to ANP

PPP may concede NWFP chief minister slot to ANP

The provincial leadership of PPP-Parliamentarians has hinted at supporting of ANP nominee for the coveted slot of the chief minister in NWFP in larger interest of the political stability and development of the province.
Published 22 Feb, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (February 21,2008).

Published 22 Feb, 2008 12:00am
FBR to audit 1,000 non-corporate cases in Rawalpindi

FBR to audit 1,000 non-corporate cases in Rawalpindi

The Federal Board of Revenue (FBR) has compiled a list of 1000 taxpayers having highest income within the jurisdiction of Regional Tax Office (RTO), Rawalpindi for selection of non-corporate cases for audit.
Published 22 Feb, 2008 12:00am
Prime Minister for alternative energy sources to reduce fuel bill

Prime Minister for alternative energy sources to reduce fuel bill

Prime Minister Mohammedmian Soomro on Thursday emphasised the need on utilising alternative sources of energy including possible blending of ethanol with petroleum products. The Prime Minister said this while chairing a high level meeting held here to exa
Published 22 Feb, 2008 12:00am
THE RUPEE: dollar dips further

THE RUPEE: dollar dips further

The rupee was back on track in the interbank market on Thursday, recovering another 47 paisa against dollar for buying and selling at 61.85 and 61.90, currency experts said. The credit goes to the State Bank of Pakistan's (SBP) strategy and peaceful proce
Published 22 Feb, 2008 12:00am
Valentine's Day celebrated

Valentine's Day celebrated

Valentine's Day was celebrated with great fervour throughout Pakistan. To celebrate Valentine's Day with the Warid-family, Warid Telecom introduced value added services incorporating songs, dedications and an assortment of approaches for subscribers to ma
Published 22 Feb, 2008 12:00am
THE RUPEE: dollar dips further

THE RUPEE: dollar dips further

The rupee was back on track in the interbank market on Thursday, recovering another 47 paisa against dollar for buying and selling at 61.85 and 61.90, currency experts said. The credit goes to the State Bank of Pakistan's (SBP) strategy and peaceful proce
Published 22 Feb, 2008 12:00am
Seminar on aviation medicine from February 25

Seminar on aviation medicine from February 25

The Civil Aviation Authority (CAA) will organise a two-day comprehensive seminar on aviation medicine of COSCAP-South Asia here on February 25 and 26, says a press release.
Published 22 Feb, 2008 12:00am
'Visa policy giving safe passage to drug smugglers'

'Visa policy giving safe passage to drug smugglers'

Unchecked visa policy is giving safe passage to international drug smugglers to use Pakistan as a transit country to smuggle narcotics to Europe, America, Middle East and Far East, said Brigadier Asif Alvi, Regional Director of the Anti-Narcotics Force (A
Published 22 Feb, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (February 21,2008).

Published 22 Feb, 2008 12:00am
Gold surges to new high of Rs 18857 per 10 grams

Gold surges to new high of Rs 18857 per 10 grams

Gold has hit the new record peak of Rs 18857 per 10 grams following its historic upsurge to $944 an ounce in the world market, local traders said. "The US internal political heat is thought to be driving the yellow metal prices upward in the world market,
Published 22 Feb, 2008 12:00am
Reforms help banks in win-win position

Reforms help banks in win-win position

The banks in Pakistan are in a win-win position following the banking reforms. This observation is made by PIDE Business Barometer released last week. The Business Barometer, a new six monthly series of research study, speaks of country's significant grow
Published 22 Feb, 2008 12:00am
168 vehicles issued red stickers during January

168 vehicles issued red stickers during January

Pakistan Environment Protection Agency's Vehicle Emission Testing team in co-ordination with the Islamabad Traffic Police during the month of January checked 1,337 vehicles, out of which 1,169 were found complying with the national standards while 168 wer
Published 22 Feb, 2008 12:00am
Transfers, postings of Customs officials

Transfers, postings of Customs officials

Federal Board of Revenue has notified transfers and postings of several Customs and Excise officers here on Thursday. FBR transferred collector Amir Muhammad Khan Marwat from modal custom collectorate (MCC) appraisement Karachi and posted as chief custom
Published 22 Feb, 2008 12:00am
Safe industrial production: call to increase global investments

Safe industrial production: call to increase global investments

Federal Minister for Environment and Local Government Syed Wajid Hussain Bukhari has stressed on the need for increasing global investments in efficient, clean and safe industrial production methods, as these are key factors for sustainable development.
Published 22 Feb, 2008 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 22 Feb, 2008 12:00am
LUMHC to remain closed today

LUMHC to remain closed today

It is hereby Notification for the information of all concerned that the Liaquat University of Medical and Health Sciences (LUMHC), Jamshoro, will remain closed on Friday (today) on account of Urs of Shah Abdul Latif Bhattai.
Published 22 Feb, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Feb, 2008 12:00am