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Print - 2008-04-06
Gulf central banks to review foreign exchange union deadline

Gulf central banks to review foreign exchange union deadline

Gulf Arab central bankers will discuss whether to revive the deadline for a single currency and try to remove obstacles facing monetary union at a meeting this weekend, Qatar's Central Bank governor said on Saturday.
Published 06 Apr, 2008 12:00am
Push for WTO deal likely from May 19

Push for WTO deal likely from May 19

Ministers from trade powers are likely to meet in the week of May 19 for their long-awaited push for a breakthrough in global trade talks, European diplomats said on Saturday. "It's not yet been agreed but the idea is for technical-level talks in Geneva t
Published 06 Apr, 2008 12:00am
French government seeking more savings by 2011

French government seeking more savings by 2011

France hopes to glean a further 5 billion euros ($7.86 billion) of savings from its reform of the state by 2011 to go with already announced cuts, Budget Minister Eric Woerth was quoted as saying on Saturday.
Published 06 Apr, 2008 12:00am
Samsung chairman 'ashamed' over probe

Samsung chairman 'ashamed' over probe

The head of South Korea's largest business group Samsung on Saturday said he was "ashamed" and would accept the results of an ongoing probe into corruption allegations. Chairman Lee Kun-Hee apparently softened his stance after undergoing 11 hours of inten
Published 06 Apr, 2008 12:00am
Samsung chairman 'ashamed' over probe

Samsung chairman 'ashamed' over probe

The head of South Korea's largest business group Samsung on Saturday said he was "ashamed" and would accept the results of an ongoing probe into corruption allegations. Chairman Lee Kun-Hee apparently softened his stance after undergoing 11 hours of inten
Published 06 Apr, 2008 12:00am
Heathrow airport's T5 faces more turmoil

Heathrow airport's T5 faces more turmoil

London Heathrow airport's new Terminal 5 was hit by fresh flights disruption on Saturday when the baggage system suffered a major software problem, airports operator BAA said. "This morning a software problem has arisen in the baggage system at Terminal 5
Published 06 Apr, 2008 12:00am
Mexican peso at two-year high

Mexican peso at two-year high

Mexico's peso closed at a two-year high on Thursday after poor US job market data reinforced views the Federal Reserve will further cut interest rates. The peso firmed 0.16 percent to 10.5595 per dollar at the central bank close, while the benchmark IPC s
Published 06 Apr, 2008 12:00am
Forex outlook: dollar seen stabilising as sentiment improves

Forex outlook: dollar seen stabilising as sentiment improves

The US dollar is expected to hold gains next week after recent data suggested that the credit turmoil that has pushed the economy toward recession is spreading to other countries. Data this week showed that the euro zone is beginning to feel the impact of
Published 06 Apr, 2008 12:00am
Dollar falls as US economy

Dollar falls as US economy

The dollar fell on Friday after a report showed the US economy shed jobs for a third straight month, confirming fears that the country may already be in a recession. Both the euro and yen posted gains on the greenback after the government said US employer
Published 06 Apr, 2008 12:00am
IMM speculators cut bets against dollar

IMM speculators cut bets against dollar

Currency speculators trimmed their bets against the US dollar last week, weekly data from the Commodity Futures Trading Commission showed on Friday. The value of the net short US dollar position fell to $16.41 billion in the week to April 1 after climbing
Published 06 Apr, 2008 12:00am
Canadian dollar ends winning week on a lower note

Canadian dollar ends winning week on a lower note

The Canadian dollar closed lower versus the US dollar on Friday as data showed job growth moderated in Canada in March after two solid months, but the currency still ended the week with a 1.2 percent gain.
Published 06 Apr, 2008 12:00am
'Local demand may help explain euro gains'

'Local demand may help explain euro gains'

Steady demand from European investors who have diversified their portfolios within the euro zone rather than beyond its borders may help explain why the euro is so strong, a Morgan Stanley currency strategist said.
Published 06 Apr, 2008 12:00am
Brazil's Petrobras leads stocks higher

Brazil's Petrobras leads stocks higher

Brazil's stocks rose on Friday as higher crude oil prices boosted shares of state-controlled Petrobras, while the national currency gained on investment inflows to local fixed-income securities. The Sao Paulo Stock Exchange's benchmark Bovespa index was 0
Published 06 Apr, 2008 12:00am
Brazil's Petrobras leads stocks higher

Brazil's Petrobras leads stocks higher

Brazil's stocks rose on Friday as higher crude oil prices boosted shares of state-controlled Petrobras, while the national currency gained on investment inflows to local fixed-income securities. The Sao Paulo Stock Exchange's benchmark Bovespa index was 0
Published 06 Apr, 2008 12:00am
Credit spreads helped by stocks, payrolls in focus

Credit spreads helped by stocks, payrolls in focus

European credit spreads tightened on Friday, buoyed by US and European stocks and adding to a strong 3-day rally, but trading was subdued ahead of key US employment figures. "We've seen a turnaround in views that we're not falling off a cliff, which is wh
Published 06 Apr, 2008 12:00am
Japan vows freer financial markets to boost growth

Japan vows freer financial markets to boost growth

The Japanese government on Friday vowed to free up the country's financial markets and make them more globally competitive to help ensure economic growth as clouds gather over the economy.
Published 06 Apr, 2008 12:00am
Wall Street week ahead: earnings key test as recession looms

Wall Street week ahead: earnings key test as recession looms

As the earnings-reporting season for the first quarter kicks off next week, stock investors will be keenly assessing to what extent the slowing economy is taking a toll on Corporate America. First-quarter US earnings estimates have fallen sharply since th
Published 06 Apr, 2008 12:00am
Mexican stocks drop

Mexican stocks drop

Mexican stocks fell on Friday as news Venezuela is nationalising its cement industry hit Mexican cement maker Cemex, which has operations there, and on unusually weak US jobs data. The benchmark IPC index fell 0.46 percent to 31,545.37. Losses were offset
Published 06 Apr, 2008 12:00am
Resources help Toronto stocks end week higher

Resources help Toronto stocks end week higher

The Toronto Stock Exchange's main index ended the week on a strong note on Friday, lifted by energy and materials shares that followed the lead of rallying commodity prices. Resource companies led the upside, helping Bay Street mount its fifth day of adva
Published 06 Apr, 2008 12:00am
Solar stocks soar on outlook for US subsidies

Solar stocks soar on outlook for US subsidies

Shares of solar power companies soared on Friday on optimism that key tax subsidies for the renewable energy sector could be extended by US lawmakers in the coming weeks. First Solar Inc's stock climbed more than 12 percent to an all-time high, while shar
Published 06 Apr, 2008 12:00am
Solar stocks soar on outlook for US subsidies

Solar stocks soar on outlook for US subsidies

Shares of solar power companies soared on Friday on optimism that key tax subsidies for the renewable energy sector could be extended by US lawmakers in the coming weeks. First Solar Inc's stock climbed more than 12 percent to an all-time high, while shar
Published 06 Apr, 2008 12:00am
US Treasury yields inch down

US Treasury yields inch down

US Treasury yields edged lower on Friday in Europe with investors mainly sitting on the sidelines as they await non-farm payrolls data for fresh clues on the health of the world's biggest economy. The report at 1230 GMT is expected to show the US economy
Published 06 Apr, 2008 12:00am
US Treasury yields inch down

US Treasury yields inch down

US Treasury yields edged lower on Friday in Europe with investors mainly sitting on the sidelines as they await non-farm payrolls data for fresh clues on the health of the world's biggest economy. The report at 1230 GMT is expected to show the US economy
Published 06 Apr, 2008 12:00am
US stocks market largely flat

US stocks market largely flat

US stocks were little changed on Friday as nagging fears about more bank losses and the biggest monthly decline in the job market in five years overshadowed earlier optimism that the credit crisis may be easing.
Published 06 Apr, 2008 12:00am
Sri Lanka in deep trouble against West Indies

Sri Lanka in deep trouble against West Indies

Sri Lanka were reeling at 78 for five at lunch on the third day of the second and final test against West Indies on Saturday. After spinner Muttiah Muralitharan (5-79) picked up two of the last three wickets in the morning session to dismiss West Indies f
Published 06 Apr, 2008 12:00am
US cyclist found guilty of lying about steroids

US cyclist found guilty of lying about steroids

In a case that could foreshadow the perjury indictment against baseball's home run king Barry Bonds, a federal jury in San Francisco on Friday found a cyclist guilty of lying to a federal grand jury about past steroid use.
Published 06 Apr, 2008 12:00am
Henry tops best-paid French sportsman list

Henry tops best-paid French sportsman list

Barcelona striker Thierry Henry tops the list of the best-paid French sportsmen with earnings of 17.4 million euros (26.7 million dollars) in 2007, according to a survey published on Saturday by the weekly L'Equipe Magazine.
Published 06 Apr, 2008 12:00am
Chelsea keep pressure on United

Chelsea keep pressure on United

Chelsea signalled their intention to push Manchester United all the way to the wire in the Premier League title battle by cutting the champions' lead at the top back to two points with a 2-0 win at Manchester City on Saturday.
Published 06 Apr, 2008 12:00am
Nadal, Davydenko book spots in Miami final

Nadal, Davydenko book spots in Miami final

French Open champion Rafael Nadal advanced to the final of the ATP Masters Series Sony Ericsson Open with a 7-6, (8/6), 6-2 victory over Czech 10th seed Tomas Berdych on Friday.
Published 06 Apr, 2008 12:00am
South Africa thrash India by an innings

South Africa thrash India by an innings

South Africa relied on their pacemen's disciplined performances to thrash India by an innings and 90 runs on the third day of the second Test here on Saturday. Trailing by 418, India were bowled out for 328 in their second innings despite fighting half-ce
Published 06 Apr, 2008 12:00am
Baghdad bus bomb kills three

Baghdad bus bomb kills three

A bomb exploded in a bus near Baghdad's Sadr City district killing at least three people on Saturday, security officials said. At least 16 passengers were also wounded in the blast that struck at around 8:30 am (0530 GMT). The explosion took place around
Published 06 Apr, 2008 12:00am
Opposition accuses Mugabe of violence

Opposition accuses Mugabe of violence

Zimbabwe's opposition on Saturday accused President Robert Mugabe of deploying militias for a war to reverse the result of last weekend's election. Movement for Democratic Change (MDC) leader Morgan Tsvangirai said Mugabe was "preparing a war on the peopl
Published 06 Apr, 2008 12:00am
Iranian students rally against Dutch film

Iranian students rally against Dutch film

Iranian students protesting against a film critical of Islam found themselves outnumbered by police and press outside the Dutch embassy on Saturday. Police pushed the protesters back after they threw three or four eggs and a couple of small stones.
Published 06 Apr, 2008 12:00am
Tibet's party vows trouble-free Olympic torch

Tibet's party vows trouble-free Olympic torch

Tibet's Communist Party chief vowed a trouble-free Olympic torch relay through the region, even as security forces struggled to stamp out flaring violence in a nearby part of Tibetan China. Chinese security forces have locked down Tibet and neighbouring p
Published 06 Apr, 2008 12:00am
Iran to continue nuclear capacity expansion

Iran to continue nuclear capacity expansion

Iran said on Saturday it would press ahead with plans to expand its nuclear programme, after diplomats in Vienna said Tehran was installing advanced centrifuges in its key uranium enrichment plant. The government spokesman also rejected any idea of haltin
Published 06 Apr, 2008 12:00am
World gathers to redefine chemical weapons mission

World gathers to redefine chemical weapons mission

The head of the body created to rid the world of chemical weapons says its 11-year mission is entering a new phase, with Iraq set to sign its founding treaty and rogue threats coming to the fore.
Published 06 Apr, 2008 12:00am
Bush, Putin aim to defuse tensions

Bush, Putin aim to defuse tensions

Russia's Vladimir Putin welcomed US President George W. Bush to his Black Sea home on Saturday at the start of a farewell summit they hope will ease strains over Nato and missile defence and polish their legacies.
Published 06 Apr, 2008 12:00am
Bush sees Nato future for Macedonia, all Balkans

Bush sees Nato future for Macedonia, all Balkans

President George W. Bush assured Macedonia on Saturday that the United States wants it in Nato as soon as possible, along with other former Yugoslav republics. In a speech in Croatia marking its formal invitation to join Nato this week, Bush said he looke
Published 06 Apr, 2008 12:00am
Rain hits Peshawar

Rain hits Peshawar

Peshawar has received a record 166 mm rain till 5:00 pm on Saturday as a heavy downpour is intermittently lashing the North West Frontier Province NWFP, Met office said.
Published 06 Apr, 2008 12:00am
EU urged to relax visa policy for businessmen

EU urged to relax visa policy for businessmen

The president, Islamabad Chamber of Commerce and Industry (ICCI), Muhammad Ijaz Abbasi, called upon the European Union (EU) to relax visa policy for businessmen which would encourage them to visit Norway and other European countries for exploring trade op
Published 06 Apr, 2008 12:00am
PSF to prepare science caravan units for rural areas

PSF to prepare science caravan units for rural areas

Pakistan Science Foundation (PSF) would prepare six more Science Caravan units - specially designed vehicles -that transport display items to rural areas for setting up science exhibitions mainly in schools.
Published 06 Apr, 2008 12:00am
Series of workshops on Aids awareness starts

Series of workshops on Aids awareness starts

Directorate of Workers Education of Federal Labour and Manpower Ministry has initiated a series of workshops for creating awareness against Aids among the industrial workers and truck drivers. Workers Education's Assistant Director Muhammad Akbar Rai stat
Published 06 Apr, 2008 12:00am
Egypt shrugs off slowdown but faces inflation risk

Egypt shrugs off slowdown but faces inflation risk

At Cairo's largest shopping mall, Egyptians watch films from La-Z-Boy reclining chairs, shop for Escada handbags and sip coffees at Starbucks. Betting this is just the beginning of a spending boom, Gulf Arab and European companies are pouring money into t
Published 06 Apr, 2008 12:00am
Ban on altering Policy Board Decision

Ban on altering Policy Board Decision

With reference to a news item carried by this newspaper on 2nd April, 2008, which said "SECP barred from altering Policy Board Decisions." My education as student of Corporate Laws and my practical experience suggest me to say with solid assertion that SE
Published 06 Apr, 2008 12:00am
E-filing of Income Tax returns, statements

E-filing of Income Tax returns, statements

Through the courtesy of your esteemed daily it's my privilege to bring it to the notice of the high ups of the Federal Board of Revenue to the newly amended section of Income Tax Ordinance, 2001 which has made mandatory fur the corporate sector to file al
Published 06 Apr, 2008 12:00am
Indonesia dreams of joining global economic elite

Indonesia dreams of joining global economic elite

Entrepreneur Chairul Tanjung was so dismayed by how Indonesia was blown off course by the Asian financial crisis that he felt his nation needed a big new goal to get back on track -- becoming fully developed within decades.
Published 06 Apr, 2008 12:00am
Gas cylinder blasts

Gas cylinder blasts

The report about the instant death of 12 people and serious injuries caused to several others from intermittent explosions of gas cylinders in a gas filling shop in Faisalabad the other day, makes an eerie reading. The incident is all the more saddening a
Published 06 Apr, 2008 12:00am
EU ban on Pakistani exports of food items

EU ban on Pakistani exports of food items

The fact that EU states have often barred the entry of Pakistani food consignments, provides a disturbing measure of the extent of adulteration of our foodstuffs and food preparations. This has not only resulted in loss of a precious source of foreign exc
Published 06 Apr, 2008 12:00am
Khaqan to visit LCCI

Khaqan to visit LCCI

The Federal Minister for Trade and Commerce Shahid Khaqan Abbassi has promised to visit the Lahore Chamber of Commerce and Industry (LCCI) soon to have an interaction with the Lahore's business community and to listen to their point of view on country's c
Published 06 Apr, 2008 12:00am
Shafqat suspends XEN during surprise visit

Shafqat suspends XEN during surprise visit

Punjab Minister for Housing, Mian Shafqat Ali paid a surprise visit to Industrial Area Township, Jinnah Hospital Chowk and Ferozepur Road underpass and suspended XEN Industrial Area Township Iftikhar Malhi and Sub-Divisional Officer Saif Ali on the charge
Published 06 Apr, 2008 12:00am
ANP parliamentary party meets on April 8

ANP parliamentary party meets on April 8

The parliamentary leader of Awami National Party (ANP) in the NWFP Assembly, Bashir Ahmad Bilour, Senior Minister in NWFP cabinet has summoned the parliamentary party meeting on Tuesday April 8 at 4:00 pm at Chief Minister House here.
Published 06 Apr, 2008 12:00am
NWFP government to introduce reforms in every sector: minister

NWFP government to introduce reforms in every sector: minister

The followers of late Khudai Khidmatgar Khan Abdul Ghaffar Khan alias Baacha Khan would make strenuous endeavours for combating terrorism through policy of non-violence, said NWFP Education Minister Mian Iftikhar Hussain.
Published 06 Apr, 2008 12:00am
Government committed to uplift education standards: Ghani

Government committed to uplift education standards: Ghani

NWFP Governor, Owais Ahmed Ghani, has said that the government is committed to upgrade the standard of higher education and in this regard no effort would be spared to ensure quality education at the university level to achieve the desired goals.
Published 06 Apr, 2008 12:00am
National moot on clinical psychology

National moot on clinical psychology

Social distress is a part of every society, but intensity varies as per the level of society. Different people have different nature of anxiety and depression, therefore, they need guidance of clinical psychologists to cope with their personal problems.
Published 06 Apr, 2008 12:00am
Malik Allah Yar's death condoled

Malik Allah Yar's death condoled

Chairman and Deputy Chairman Senate Mohammadmian Soomro and Jan Muhammad Khan Jamali have condoled the death of Malik Muhammad Allah Yar Khan, former Chairman, Public Accounts Committee. Allah Yar Khan, a seasoned parliamentarian, breathed his last on Fri
Published 06 Apr, 2008 12:00am
CED on tobacco: 'Federal government to be approached for NWFP's share'

CED on tobacco: 'Federal government to be approached for NWFP's share'

Provincial Minister for Agriculture and Livestock Arbab Muhammad Ayub Jan has said that federal government will be approached to release the due share of the NWFP collected in head of Central Excise Duty (CED) on tobacco. He said this during a briefing gi
Published 06 Apr, 2008 12:00am
CED on tobacco: 'Federal government to be approached for NWFP's share'

CED on tobacco: 'Federal government to be approached for NWFP's share'

Provincial Minister for Agriculture and Livestock Arbab Muhammad Ayub Jan has said that federal government will be approached to release the due share of the NWFP collected in head of Central Excise Duty (CED) on tobacco. He said this during a briefing gi
Published 06 Apr, 2008 12:00am
Saarc Chamber seminar opens on April 15

Saarc Chamber seminar opens on April 15

The Saarc Chamber will hold a two-day seminar on Economic Freedom scheduled for April 15-16 in Lahore. This was decided by the Saarc Chamber during a meeting held in Kathmandu on April 2. Saarc Chamber President Tariq Sayeed and Vice-President Iftikhar Al
Published 06 Apr, 2008 12:00am
China Mobile chief apprises President, Prime Minister of new investment

China Mobile chief apprises President, Prime Minister of new investment

The Chairman and CEO of the world's largest cellular company, China Mobile, Wang Jianzhou on Saturday separately called upon President Musharraf and Prime Minister Gilani and apprised them of the company's ongoing and future planned investments in Pakista
Published 06 Apr, 2008 12:00am
PAL publishes four new books on prominent authors

PAL publishes four new books on prominent authors

Pakistan Academy of Letters has published four new books, one each on Syed Abid Ali, Professor Ahmad Ali, Colonel Muhammad Khan, and Ahmad Shameem in the Maymar Adab (pioneers of literature) series.
Published 06 Apr, 2008 12:00am
'Private sector playing vital role in imparting quality education'

'Private sector playing vital role in imparting quality education'

The Punjab Governor Lieutenant General Khalid Maqbool (Retd) has said that private sector is playing vital role in imparting quality education in the country, however, private sector universities need to further develop their expertise in the field.
Published 06 Apr, 2008 12:00am
PEFMA increases rates of fans

PEFMA increases rates of fans

Pakistan Electric Fan Manufacturers Association (PEFMA) has again jacked up the rates of all types of fans owing to consistent hike in raw material prices, particularly metal goods and copper wire. The decision to enhance the prices was taken at an urgent
Published 06 Apr, 2008 12:00am
Duty relief on phosphate rock import

Duty relief on phosphate rock import

The Federal Board of Revenue (FBR) has exempted phosphate rock, falling under Pakistan Customs Tariff (PCT) heading 2510.2000, from 5 percent duty. The board has amended SRO 567(1)/2006 through a notification issued on Saturday.
Published 06 Apr, 2008 12:00am
Duty relief on phosphate rock import

Duty relief on phosphate rock import

The Federal Board of Revenue (FBR) has exempted phosphate rock, falling under Pakistan Customs Tariff (PCT) heading 2510.2000, from 5 percent duty. The board has amended SRO 567(1)/2006 through a notification issued on Saturday.
Published 06 Apr, 2008 12:00am
Horse, cattle show

Horse, cattle show

All arrangements have been finalised at the University of Agriculture Faisalabad (UAF), to hold the three-day National Horse and Cattle Show from April 6 to 8. According to the UAF sources, the registration process of the animals has been started, while b
Published 06 Apr, 2008 12:00am
Schedule for power supply cuts

Schedule for power supply cuts

The power supply will remain suspended due to annual maintenance as per following schedule in the different areas.
Published 06 Apr, 2008 12:00am
Fertiliser industry to increase capacity to 7.5 million tons annually

Fertiliser industry to increase capacity to 7.5 million tons annually

The ongoing capacity expansion plans will increase the fertiliser industry capacity to 7.5 million tons per annum by the year 2010. According to an official estimate, the domestic demand for urea (which is 6.8 million tons per annum) is expected to grow a
Published 06 Apr, 2008 12:00am
Flour prices go up in southern Punjab

Flour prices go up in southern Punjab

Flour prices have again increased in southern Punjab despite official claims that flour is being provided at controlled rates. A survey on Saturday showed that a 20 kg sack of fine flour was being sold at around Rs 400 to 450 while the super flour was bei
Published 06 Apr, 2008 12:00am
87 outlaws of 19 gangs held

87 outlaws of 19 gangs held

Police have arrested 87 members of 19 different criminal gangs and recovered valuables and snatched vehicles from their possession. Giving details of possessions DIG operation report revealed that one tractor, four motorcycles, 46 cattle heads, 27 mobile
Published 06 Apr, 2008 12:00am
Rehabilitation of H5N1-hit poultry farmers urged

Rehabilitation of H5N1-hit poultry farmers urged

The poultry industry in Pakistan has suffered heavy losses due to recent scare of Avian Influenza (bird flu) since 2006 onwards and more than 40 percent farms have closed down their business. In a press statement, Abdul Basit, chairman, Pakistan Poultry A
Published 06 Apr, 2008 12:00am
ZTBL to start loaning for Khariff crops

ZTBL to start loaning for Khariff crops

The Zarai Taraqiati Bank Limited (ZTBL) will start loaning for Khariff crops under "One Window Zarkhaiz Scheme" from April 7, 2008. The Bank has allocated Rs 22.5 billion for disbursement of Khariff credit to the farmers, bank officials said.
Published 06 Apr, 2008 12:00am
278 kids treated at free medical camp

278 kids treated at free medical camp

As many as 278 patients were treated at a daylong free medical camp held exclusively for children at Mouza Lasharian some 36 kilometres from here. The camp was organised under the aegis of Social Welfare Society Mouza Lasharian, Okara, to facilitate the p
Published 06 Apr, 2008 12:00am
Food programme to benefit 14,933 persons

Food programme to benefit 14,933 persons

Some 14,933 deserving persons in the district would be benefited from the Food Support Programme under which they would get staple food items with the grant of Rs 44.799 million already allocated for the purpose. District Nazim, Pakpattan, Rao Naseem Hash
Published 06 Apr, 2008 12:00am
Minister orders early submission of PNSC fire incident report

Minister orders early submission of PNSC fire incident report

Federal Minister for Ports, Shipping and Privatisation, Naveed Qamar, on Saturday ordered to immediately submit the inquiry report about second fire incident in Pakistan National Shipping Corporation's building here.
Published 06 Apr, 2008 12:00am
Restoration of deposed judges top priority: Khawaja Asif

Restoration of deposed judges top priority: Khawaja Asif

Federal Petroleum, Natural Resources and Sports Minister Khawaja Muhammad Asif has said that the restoration of deposed Judges was top on the agenda of the new government and there are no technical and legal hurdles in the restoration of the judges.
Published 06 Apr, 2008 12:00am
Judges' restoration on top of PML-N priority list: Khokhar

Judges' restoration on top of PML-N priority list: Khokhar

Punjab vice president of Pakistan Muslim League-Nawaz (PML-N) Malik Muhammad Afzal Khokhar MNA has said that all the promises with the people would be fulfilled and decisions on all important national issues would be taken in the parliament.
Published 06 Apr, 2008 12:00am
Judicial enquiry into May 12 mayhem demanded

Judicial enquiry into May 12 mayhem demanded

It is our national duty to punish murders of more than 50 innocent people who lost their lives and we demand complete independent judicial probe of 12th May, 2007 mayhem at Karachi, reiterates Pakistan Muslim League-Nawaz (PML-N), Awami National Party (AN
Published 06 Apr, 2008 12:00am
EPD to establish environment clubs

EPD to establish environment clubs

Environmental Protection Department (EPD) will establish environment clubs in public as well as private schools and colleges to promote awareness about pollution free environment. A spokesman of the EPD said here on Saturday that initially environment clu
Published 06 Apr, 2008 12:00am
Fine atta price increased

Fine atta price increased

Flour Mills have increased the price of fine flour (Maida) by Rs 200 per bag while town Nazmeen, instead of supervising the sale of atta on their own, have assigned the task to flour dealers, due to political reasons.
Published 06 Apr, 2008 12:00am
Silver jubilee of Pak-Korean diplomatic ties celebrated

Silver jubilee of Pak-Korean diplomatic ties celebrated

Silver Jubilee celebration of the establishment of diplomatic relations between Pakistan and the Republic of Korea (South Korea) held here at the National Arts Gallery on Saturday night, offered beautiful illustration of the relationship existing between
Published 06 Apr, 2008 12:00am
Myanmar Prime Minister greets Gilani

Myanmar Prime Minister greets Gilani

The Prime Minister of Myanmar, General Thein Sein on Saturday has greeted the Prime Minister, Yousuf Raza Gilani on assuming office as the premier of Pakistan.
Published 06 Apr, 2008 12:00am
Rawalpindi facing traffic problems

Rawalpindi facing traffic problems

Rawalpindi is facing traffic problems due to closure of Kashmir Highway for heavy traffic coming from NWFP, Northern Areas and other parts of the country. The Islamabad Police have diverted the traffic towards Peshawar Road and IJ Principle Road, which ha
Published 06 Apr, 2008 12:00am
Prime Minister directs Planning Commission to focus on smaller dams

Prime Minister directs Planning Commission to focus on smaller dams

Prime Minister Yousaf Raza Gilani has directed that the Planning Commission should focus on smaller dams across the country for better water management. He gave this direction while chairing a meeting of the Planning Commission here on Saturday at the Pri
Published 06 Apr, 2008 12:00am
Chief Justice LHC pays surprise visit to Aiwan-e-Adal

Chief Justice LHC pays surprise visit to Aiwan-e-Adal

Chief Justice Lahore High Court (LHC) Syed Zahid Hussain Bokhari paid a surprise visit to Aiwan-e-Adal courts here on Saturday to get first hand information about the problems being faced by the lawyers and litigants and the response of the judges to them
Published 06 Apr, 2008 12:00am
Seven stolen cars recovered, three held

Seven stolen cars recovered, three held

Anti-vehicles lifting staff have arrested three car lifters and seized seven stolen cars worth Rs 2.5 million from them. The accused has confessed committing 11 such incidents during preliminary interrogation.
Published 06 Apr, 2008 12:00am
FBR sacks sales tax auditor

FBR sacks sales tax auditor

The Federal Board of Revenue (FBR) has dismissed a senior sales tax auditor from services on the charges of "unauthorised absence from duty". According to an FBR order issued on Saturday, the disciplinary proceedings were initiated against Senior Auditor
Published 06 Apr, 2008 12:00am
Sipah-e-Sahaba activist's sentence extended

Sipah-e-Sahaba activist's sentence extended

A Review Board headed by Justice Mian Muhammad Najam-uz-Zaman of the Lahore High Court (LHC) has extended the sentence of Muhammad Eshaq an activist of Sipah-e-Sahaba for next three months. He was involved in different heinous criminal and terrorist cases
Published 06 Apr, 2008 12:00am
Ring Road Project: funds given to BoR

Ring Road Project: funds given to BoR

Lahore Ring Road Project comprising 19 packages has been undertaken here and work on many packages has been allotted to contractors. A meeting chaired by Punjab Chief Secretary Javed Mahmood was informed here of the progress on the project on Saturday.
Published 06 Apr, 2008 12:00am
Zia-ul-Islam Zuberi leaves for Barcelona

Zia-ul-Islam Zuberi leaves for Barcelona

Zia-ul-Islam Zuberi Director Corporate Communication Siemens Pakistan has left for Barcelona, Spain to join the world jury that will determine the winners of the IPRA Golden World Awards 2008. Approximately, 403 entries from more than 46 countries will be
Published 06 Apr, 2008 12:00am
Saudi consulate resumes issuance of Umrah visas

Saudi consulate resumes issuance of Umrah visas

The Saudi Consulate here has resumed issuance of Umrah visa, which had remained suspended due to technical problems. According to details available here on Saturday, virus had hit the computers in the visa section of the consulate, which brought the issua
Published 06 Apr, 2008 12:00am
IBA first open house being held today

IBA first open house being held today

To facilitate potential candidates and their parents' for seeking admission to IBA in its undergraduate, graduate and Ph.D programmes, the Institute of Business Administration (IBA) would start series of open houses in all major cities of Pakistan.
Published 06 Apr, 2008 12:00am
Zardari consulted Nawaz before visiting Nine-Zero: Nabeel

Zardari consulted Nawaz before visiting Nine-Zero: Nabeel

The Pakistan People's Party co chairman Asif Ali Zardari had taken Pakistan Muslim League-N leader Nawaz Sharif into confidence over his recent visit to the Muttahida Qaumi Movement's (MQM) headquarter Nine-Zero. This was revealed by PPP leader Nabeel Gab
Published 06 Apr, 2008 12:00am
Services of outgoing IBA director lauded

Services of outgoing IBA director lauded

Speakers at a reception arranged by the Institute of Business Administration (IBA) lauded the services of Danishmand, the outgoing IBA director, and said that many initiatives have been taken during last six years period for the betterment of this world-c
Published 06 Apr, 2008 12:00am
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