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Print - 2008-04-13
Yen rallies broadly in New York

Yen rallies broadly in New York

The yen rose broadly on Friday after a fall in quarterly earnings for industrial conglomerate General Electric stoked fears about the health of the US economy, causing investors to dump riskier trades. US stock indexes fell more than 2 percent on Friday,
Published 13 Apr, 2008 12:00am
Yuan's rise seen tapering off in second half

Yuan's rise seen tapering off in second half

The Chinese yuan will keep strengthening at a brisk pace until the end of June, but its appreciation is set to slow markedly in the second half of 2008, a Reuters poll showed on Friday.
Published 13 Apr, 2008 12:00am
China official calls for caution on interest rates

China official calls for caution on interest rates

China should be more cautious in adjusting interest rates this year because of the rising yuan and weakening dollar, a senior government researcher said in remarks published on Friday.
Published 13 Apr, 2008 12:00am
Woods struggles

Woods struggles

Staying patient is key to winning the Masters over Augusta National Tiger Woods said after firing a second round one-under 71 that left him trailing halfway leader Trevor Immelman by seven.
Published 13 Apr, 2008 12:00am
Hearing of Shoaib's appeal from April 17

Hearing of Shoaib's appeal from April 17

A three-member appellate tribunal, formed by the Pakistan Cricket Board (PCB), to consider pacer Shoaib Akhter's appeal against the penalty imposed on him on disciplinary grounds, will start hearing of the case on April 17.
Published 13 Apr, 2008 12:00am
Everton lose ground in Champions League race

Everton lose ground in Champions League race

Everton missed out on the chance to go level on points with near neighbours Liverpool in the battle for fourth place after Birmingham City claimed a point in a 1-1 draw at Goodison Park on Saturday.
Published 13 Apr, 2008 12:00am
Paes, Bhupathi unite to ease India past Japan

Paes, Bhupathi unite to ease India past Japan

Leander Paes and Mahesh Bhupathi put aside their growing differences on Saturday to lift India into the play-offs for the Davis Cup world group for the first time in three years.
Published 13 Apr, 2008 12:00am
Sharapova books WTA semi-final spot

Sharapova books WTA semi-final spot

Australian Open champion Maria Sharapova rallied to defeat Ukranian Alona Bondarenko 6-7 (9/11), 6-3, 6-2 in a Friday quarter-final at the WTA Bausch and Lomb Championship.
Published 13 Apr, 2008 12:00am
Ganguly tames tricky track to help India gain lead

Ganguly tames tricky track to help India gain lead

Sourav Ganguly cracked a gutsy 87 on a difficult pitch to help India gain a slender advantage on the second day of the third and final Test against South Africa here on Saturday.
Published 13 Apr, 2008 12:00am
Thousands of Turks march in anti-government rally

Thousands of Turks march in anti-government rally

Thousands of secularist Turks rallied in Ankara on Saturday against the ruling AK Party, which is facing a high court challenge by a prosecutor who wants it shut down for alleged Islamist activities.
Published 13 Apr, 2008 12:00am
French, Canadian ministers pledge Afghan support

French, Canadian ministers pledge Afghan support

Two of Afghanistan's main allies, France and Canada, reaffirmed their support on Saturday after meetings with President Hamid Karzai. French Foreign Minister Bernard Kouchner visited Kabul after Paris promised an extra 700 soldiers to help battle the Tali
Published 13 Apr, 2008 12:00am
US soldier among 14 killed in Iraq

US soldier among 14 killed in Iraq

US and Iraqi forces killed at least 13 militiamen in clashes and air strikes overnight in Baghdad's Sadr City, but eased a blockade on Saturday that had trapped residents in the battle zone slum for two weeks.
Published 13 Apr, 2008 12:00am
Bangladesh workers rampage over high food prices

Bangladesh workers rampage over high food prices

Factory workers rampaged near Bangladesh's capital on Saturday in protests against rising food prices, leaving at least 50 people injured, police and witnesses said. Stone throwing workers rioted for more than two hours before being dispersed by police us
Published 13 Apr, 2008 12:00am
Nine monks arrested

Nine monks arrested

Chinese police arrested nine Buddhist monks suspected of bombing a government building in Tibet, the official Xinhua news agency reported on Saturday. China has accused Tibetan groups of planning suicide attacks following last month's riots and protests,
Published 13 Apr, 2008 12:00am
China's row with Dalai Lama purely on unity: Hu

China's row with Dalai Lama purely on unity: Hu

China's conflict with the Dalai Lama was purely a question of national unity and nothing to do with ethnicity, religion or human rights, Chinese President Hu Jintao said on Saturday. He spoke after China again bared its teeth against foreign critics, deno
Published 13 Apr, 2008 12:00am
'Steps taken to supply kitchen items on reduced rates'

'Steps taken to supply kitchen items on reduced rates'

District Co-ordination Officer (DCO), Major Azam Suleman Khan (Retd) while presiding over the District Price Control Committee here on Saturday at his office's committee room has said that the implementation of official rates relating to essential commodi
Published 13 Apr, 2008 12:00am
Fokker aircraft, Alouette helicopters inducted into PN

Fokker aircraft, Alouette helicopters inducted into PN

To give fresh impetus to Pakistan Navy's fighting capability one Fokker aircraft and two Alouette helicopters were inducted into Pakistan Naval Aviation on Saturday. According to an ISPR (Navy) press release here on Saturday these aircraft were formally m
Published 13 Apr, 2008 12:00am
Khuhro for developing national institutions

Khuhro for developing national institutions

Speaker Sindh Assembly Nisar Ahmed Khuhro has called upon students, intellectuals and people from all walks of life to join hands for real development of institutions for the benefit of the common man of the country.
Published 13 Apr, 2008 12:00am
ILO director visits Pakistan

ILO director visits Pakistan

The Regional Director, International labour Organisation (ILO), Bangkok, Sachiko Yamamoto along with the Country Director, ILO, Donglin Li arrived in Karachi from Islamabad on Wednesday during her three-day visit to Pakistan.
Published 13 Apr, 2008 12:00am
April 9 incident: Nazim announces financial help to victims

April 9 incident: Nazim announces financial help to victims

Nazim Karachi Syed Mustafa Kamal has announced financial help of Rs 200,000 each to families of those who were killed in the 9th April incident and compensation of Rs 50,000 to the injured cameraperson of a private TV channel Lala Rukh.
Published 13 Apr, 2008 12:00am
Pig farms bloom in Morocco thanks to tourism

Pig farms bloom in Morocco thanks to tourism

Shunned by most Muslim countries where pork consumption is a religious taboo, pig farming is booming in Morocco thanks to a growing tourist industry and pragmatic breeders. "If there's tourism, it would be better to have pigs," said Samouk, 39, who raises
Published 13 Apr, 2008 12:00am
China's crackdown helped internationalise the Tibet issue

China's crackdown helped internationalise the Tibet issue

In a cluster of brick buildings at the foot of the Himalayas, the Dalai Lama's government-in-exile is fighting an uphill battle for the freedom of Tibet. Despite ministries that look like primary school classrooms in a developing country, the government-i
Published 13 Apr, 2008 12:00am
In war ravaged Philippines, a battle to save the hungry

In war ravaged Philippines, a battle to save the hungry

Hiding under the shade of makeshift stage, 13-year-old Denilda Abdul finishes the last spoonful of her corn-soya porridge and quickly lines up for another serving. Her traditional Muslim headscarf does not hide her emaciated frame and slightly bulging eye
Published 13 Apr, 2008 12:00am
Inaccessible post office

Inaccessible post office

The passage from main road to Post Office-75290 located amid dense residential area behind deep streets in Gulistan-e-Jouhar Block-14, Karachi, is blocked by private barriers of residential bungalows from all directions except only one restricted option w
Published 13 Apr, 2008 12:00am
Three-hour power outage at Stockholm

Three-hour power outage at Stockholm

On Saturday, April 5, 2008, the electrocution of a fat rat in an electric station of Stockholm, Sweden caused a three-hour power outage in Stockholm's central train station, halting elevators and escalators. This was an early morning outage that led to so
Published 13 Apr, 2008 12:00am
US battling al Qaeda in Iraq, one town at a time

US battling al Qaeda in Iraq, one town at a time

The US military, which routed Saddam Hussein's troops in three weeks in 2003, is five years later trying village by village to dislodge a far more resilient enemy - al Qaeda in Iraq. "None of us has pretended that the enemy is gone. None of us is naive,"
Published 13 Apr, 2008 12:00am
High food prices leading Asia's governments to strikes, protests

High food prices leading Asia's governments to strikes, protests

Asia's governments face strikes, protests and hoarding in response to the spiralling cost of food and other essentials that threatens to damage them at the polls, observers say. Asia's political leaders are on guard, wary of the potential for social unres
Published 13 Apr, 2008 12:00am
Keti Bunder: dredging cost and connectivity

Keti Bunder: dredging cost and connectivity

The newly elected Prime Minister of Pakistan in his opening speech promised to give nation a new Port Keti Bunder along-with 100 days priority agenda. It is a welcome sign for all Pakistanis in particular for seafaring community and Maritime professionals
Published 13 Apr, 2008 12:00am
Millennium Development Goals

Millennium Development Goals

The recently released World Bank-International Monetary Fund (IMF) report has warned South Asian countries about the possibility of failure in meeting the Millennium Development Goals (MDGs). That the goals are ambitious and consist of a time frame that f
Published 13 Apr, 2008 12:00am
Milk retailers' dilemma

Milk retailers' dilemma

Seemingly intrigued by the unrelenting disarray in determining the cost of production of milk at the dairy farms in Karachi, Mohammad Yasin, Senior Vice President of All Karachi Milk Retailers Welfare Association, is reported to have told a press conferen
Published 13 Apr, 2008 12:00am
CDA to construct 14 pedestrian bridges

CDA to construct 14 pedestrian bridges

The Capital Development Authority (CDA), in the wake of a sudden rise in the accident rate in Islamabad, has decided to construct 14 pedestrian bridges in the city, official sources informed Business Recorder on Saturday.
Published 13 Apr, 2008 12:00am
Repealing of Pemra draconian laws: Sheikh Rashid felicitates media

Repealing of Pemra draconian laws: Sheikh Rashid felicitates media

Former federal minister Sheikh Rashid Ahmed on Saturday felicitated media on repealing of Pakistan Electronic Media Regulatory Authority (Pemra)'s laws introduced on November 3, 2007 after imposing emergency by President Pervez Musharraf.
Published 13 Apr, 2008 12:00am
Nawaz and Qazi discuss restoration of deposed judges

Nawaz and Qazi discuss restoration of deposed judges

A delegation of the Jamaat-i-Islami, Pakistan, led by its Amir, Qazi Hussein Ahmed, met Pakistan Muslim League-Nawaz Quaid Mian Nawaz Sharif at the latter's home in Raiwind on Saturday, and discussed country's current political situation and matters perta
Published 13 Apr, 2008 12:00am
Reap demands five percent R&D fund to mobilise resources

Reap demands five percent R&D fund to mobilise resources

The Rice Exporters Association of Pakistan (Reap) has urged the government to allocate five percent of research and development fund to companies performing function to mobilise resources to develop varietal preference for new markets and develop contract
Published 13 Apr, 2008 12:00am
Kurram Agency clashes claim two more lives

Kurram Agency clashes claim two more lives

At least two more persons were killed in different parts of the restive Kurram Agency as clashes continued for the eighth consecutive day, reports said on Saturday. According to locals, clashes continued in Balish Khel, Khwar Kale, Karman, Para, Chamkani,
Published 13 Apr, 2008 12:00am
Trans-LoC bus may run weekly

Trans-LoC bus may run weekly

The governments of India and Pakistan are actively considering to run the Srinagar-Muzaffarabad bus service on weekly basis, a report reaching here on Saturday from across the line of control said. The bus plies fortnightly, at present.
Published 13 Apr, 2008 12:00am
Lahore Chamber, Sarhad Chamber sign MoU to promote trade

Lahore Chamber, Sarhad Chamber sign MoU to promote trade

The Lahore Chamber of Commerce and Industry (LCCI) and Sarhad Chamber of Commerce and Industry (SCCI) on Saturday inked a memorandum of understanding to promote trade and industry in the country. Lahore Chamber President Mohammad Ali Mian and his Srahad C
Published 13 Apr, 2008 12:00am
CDA plans to make federal capital a lively place

CDA plans to make federal capital a lively place

Capital Development Authority (CDA) is planning to convert dead federal capital into a lively city with hustle and bustle by constructing a number of recreational spots. While talking to Business Recorder here on Saturday official sources said that
Published 13 Apr, 2008 12:00am
US prefers Pakistani students in issuing visas: Ellis

US prefers Pakistani students in issuing visas: Ellis

The US Assistant Press Attaché Megan Ellis has said that the US prefers Pakistani students in issuing visas as the US universities wish to give admission to the Pakistani students due to their devotion and good character. She was talking to the agency on
Published 13 Apr, 2008 12:00am
No peace in South Asia without Kashmir solution: Gilani

No peace in South Asia without Kashmir solution: Gilani

In occupied Kashmir, senior Kashmiri Hurriyet leader, Syed Ali Gilani has said that peace would elude South Asia until the Kashmir issue was resolved through implementation of UN Resolutions. Syed Ali Gilani, while addressing a public gathering in Baramul
Published 13 Apr, 2008 12:00am
Need to capture minimum one percent world trade: Ishrat

Need to capture minimum one percent world trade: Ishrat

Pakistan's economy is worth 150 billion dollars, hence there is a need to capture at least one per cent of the world trade. This was stated by former Governor of State Bank Dr Ishrat Hussain, while addressing the participants of a seminar on "mainstreamin
Published 13 Apr, 2008 12:00am
Doctors felicitate Sherry Rehman

Doctors felicitate Sherry Rehman

Peoples Doctors Forum has warmly greeted Federal Minister for Information and Broadcasting Sherry Rehman on assuming additional portfolio of the Minister for Health. In a press statement, President of Peoples Doctors Forum, Federal Government Services Hos
Published 13 Apr, 2008 12:00am
CPJ welcomes bill to lift media curbs

CPJ welcomes bill to lift media curbs

The 'Committee to Protect Journalists' has welcomed the new Pakistan government's move to lift restrictions on media imposed by President Pervez Musharraf last year. "We applaud this bill and hope to see it passed swiftly into law," said CPJ Executive Dir
Published 13 Apr, 2008 12:00am
Chief Commissioner visits rural areas to check flour supply

Chief Commissioner visits rural areas to check flour supply

Chief Commissioner (CC) Islamabad, Hamid Ali Khan visited Tarnol and Bhara Kau on Saturday and checked the availability of flour (Atta) in the rural areas of Islamabad. The chief commissioner Islamabad also directed the district food controller to ensure
Published 13 Apr, 2008 12:00am
Number of Bt cotton growers surges

Number of Bt cotton growers surges

The government is working on an agreement with a leading foreign seed company for introducing latest biotech cotton related technologies, which is being grown in many parts of Sindh and Punjab.
Published 13 Apr, 2008 12:00am
Rahimyar Khan wheat buying target lower this year

Rahimyar Khan wheat buying target lower this year

Punjab Food Department has set a target for wheat buying at 150,000 metric tons as opposed to the 175,000 metric tons set last year for the corresponding period. According to Assistant Food Controller RYK Chaudhry Tanveer Nusrat Warraich, last year the fo
Published 13 Apr, 2008 12:00am
Entrepreneurship can play key role in economic growth

Entrepreneurship can play key role in economic growth

Entrepreneur-ship development through coaching, networking and facilitation can play a key role in the national economic development and can best serve the youth looking for employment elsewhere in an environment of economic liberalism, said Friedrich Nau
Published 13 Apr, 2008 12:00am
Justice Javed Iqbal resigns as PPC head

Justice Javed Iqbal resigns as PPC head

Deposed senior judge of Supreme Court of Pakistan Justice Javed Iqbal has resigned as head of Pakistan Press Council, sources said. Justice Javed Iqbal dispatched his resignation to the government. Talking to a private TV channel on Saturday.
Published 13 Apr, 2008 12:00am
Justice Javed Iqbal resigns as PPC head

Justice Javed Iqbal resigns as PPC head

Deposed senior judge of Supreme Court of Pakistan Justice Javed Iqbal has resigned as head of Pakistan Press Council, sources said. Justice Javed Iqbal dispatched his resignation to the government. Talking to a private TV channel on Saturday.
Published 13 Apr, 2008 12:00am
102 cases disposed of by Supreme Court

102 cases disposed of by Supreme Court

The Supreme Court of Pakistan has disposed of 102 cases whereas 229 new cases have been instituted during the period from Saturday 05 April 2008 to Friday 11 April 2008. The backlog in the Supreme Court on 04th April 2008 was 15407 cases. As 229 new cases
Published 13 Apr, 2008 12:00am
Five killed in road accidents

Five killed in road accidents

Five persons were killed and 3 injured in different road accidents here. According to detail a Pick UP bearing registration no. C 5673 which was on its way from Arandu (Pak Afghan border village) to Drosh about 45 KM from here, skidded into a deep ravine
Published 13 Apr, 2008 12:00am
Election officials appointed for 38 Constituencies

Election officials appointed for 38 Constituencies

The Election Commission of Pakistan has appointed District Returning Officers, Returning Officers and Assistant Returning Officers to hold election in 38 National and Provincial Assemblies constituencies.
Published 13 Apr, 2008 12:00am
PML-N leader for strengthening of democracy

PML-N leader for strengthening of democracy

PML-N Punjab Vice President and MNA Malik Muhammad Afzal Khokhar has said on Saturday democracy has prevailed in the country and the promises made to the nation on restoration of judges would be fulfilled.
Published 13 Apr, 2008 12:00am
Hashmi assures judges' reinstatement in 30 days

Hashmi assures judges' reinstatement in 30 days

Pakistan Muslim League's (PML-N) Senior Vice President Makhdoom Javed Hashmi said that all the deposed judges including Iftikhar Muhammad Chaudhry would be reinstated in 30 days. All political parties were united on the issue of the judiciary and wanted t
Published 13 Apr, 2008 12:00am
BoK to establish clients facilitation centre

BoK to establish clients facilitation centre

The Bank of Khyber (BoK) is going to establish a call centre for maximum facilitation of clients, which will be operational shortly. This was announced by Managing Director, Bank of Khyber (BoK), Bilal Mustafa in his welcome address at a dinner hosted by
Published 13 Apr, 2008 12:00am
Six Supreme Court benches constituted for next week

Six Supreme Court benches constituted for next week

Chief Justice Abdul Hameed Dogar constituted six benches of the Supreme Court for next week commencing from April 14 for the hearing of hundreds of cases at Islamabad including election matters and NAB cases besides others.
Published 13 Apr, 2008 12:00am
Timber theft uncovered

Timber theft uncovered

Anti-Corruption (Mianwali) authorities after a probe have uncovered timber theft and embezzlement of funds through the sale of illegally felled trees in the grounds of DHQ hospital Mianwali. A complaint in this regard was filed with the ACE authorities by
Published 13 Apr, 2008 12:00am
Customs-bonded trucking service at airport launched

Customs-bonded trucking service at airport launched

Customs Chief Collector Shahid Nadeem Sheikh has called upon the business community of Sialkot to take initiatives for adopting modern business techniques to cope with new global challenges.
Published 13 Apr, 2008 12:00am
Ufone signs Rs 4.5 billion term loan agreement

Ufone signs Rs 4.5 billion term loan agreement

Ufone has signed a Rs 4.5 billion Syndicated Term Loan Facility agreement here on Saturday as per an aggressive rollout plan in Pakistan. The National Bank of Pakistan (NBP) and Habib Bank Limited (HBL) have jointly advised and arranged the facility.
Published 13 Apr, 2008 12:00am
Kitchen items worth Rs 5.7 million looted in six months

Kitchen items worth Rs 5.7 million looted in six months

Several trucks loaded of various essential kitchen items worth Rs 5.7 million coming from Punjab to Karachi have been looted at Superhighway in the limits of Gadap police station during last six months, traders said on Saturday.
Published 13 Apr, 2008 12:00am
ICMAP's pre-budget seminar held

ICMAP's pre-budget seminar held

The Karachi Branch Council of Institute of Cost and Management Accountants of Pakistan (ICMAP) organised a Pre-Budget Seminar at a local hotel here on Saturday. Speakers from various associations of trade bodies and business sectors including Aptma, SITE,
Published 13 Apr, 2008 12:00am
ICMAP's pre-budget seminar held

ICMAP's pre-budget seminar held

The Karachi Branch Council of Institute of Cost and Management Accountants of Pakistan (ICMAP) organised a Pre-Budget Seminar at a local hotel here on Saturday. Speakers from various associations of trade bodies and business sectors including Aptma, SITE,
Published 13 Apr, 2008 12:00am
Provincial census coordination body formed

Provincial census coordination body formed

Sindh government has constituted the provincial census co-ordination committee to achieve objectives and reliable and credible results of next population and housing census in October, 2008.
Published 13 Apr, 2008 12:00am
Sindh cabinet meeting today

Sindh cabinet meeting today

Sindh Chief Minister Qaim Ali Shah has convened the first meeting of the provincial cabinet on Sunday, April 13, 2008. According to Sindh Information Department spokesman, the agenda of the meeting will be "introductory" in nature.
Published 13 Apr, 2008 12:00am
'Akhbar Urdu' special issue on 60th death anniversary of Iqbal

'Akhbar Urdu' special issue on 60th death anniversary of Iqbal

The April edition of Muqtadara Qaumi Zaban, (National Language Authority) 's house journal, 'Akhbar Urdu' has been dedicated to the memory of national poet Allama Muhammad Iqbal (1877 -1938), whose 60th death anniversary will be observed on April 21.
Published 13 Apr, 2008 12:00am
Zardari and Altaf agree over bilateral cooperation

Zardari and Altaf agree over bilateral cooperation

Pakistan Peoples Party co-chairman Asif Ali Zardari and Muttahida Qaumi Movement (MQM) chief Altaf Hussain have agreed over bilateral co-operation for integrity of country and maintaining law and order situation in Sindh. According to press release issued
Published 13 Apr, 2008 12:00am
PML-Q senators from Balochistan deny formation of forward bloc

PML-Q senators from Balochistan deny formation of forward bloc

A group of eight Pakistan Muslim League-Q (PML-Q) senators from Balochistan on Saturday rejected reports suggesting they were planning to form a forward bloc within the opposition party. Acting Chairman Senate Jan Muhammad Khan Jamali said a meeting of up
Published 13 Apr, 2008 12:00am
Pakistan angrily reacted to CIA chief's remarks: foreign office

Pakistan angrily reacted to CIA chief's remarks: foreign office

The Cabinet in its meeting on March 31 had proposed that the Foreign Secretary should summon the US Ambassador to Foreign Office and convey concern of the government of Pakistan on the threatening statement made by CIA Director, General Micheal Hayden, as
Published 13 Apr, 2008 12:00am
Birmingham CCI to help KCCI in Tripak project on environment

Birmingham CCI to help KCCI in Tripak project on environment

Director of International Trade, Trip Project of Birmingham Chamber of Commerce and Industry (BCCI) Jonathan Webber has said that BCCI will help Karachi Chamber of Commerce and Industry (KCCI) to initiate another project in collaboration with on environme
Published 13 Apr, 2008 12:00am
Government to cut law enforcers' salaries for human rights violations

Government to cut law enforcers' salaries for human rights violations

The Federal government is considering to deduct salaries of law enforce if the latter is convicted violating the human rights. Federal Minister for Law, Justice, Human Rights and Parliamentary Affairs, Farooq H Naek stated this in a meeting here at Region
Published 13 Apr, 2008 12:00am
By-elections: PML-N asks candidates to submit applications

By-elections: PML-N asks candidates to submit applications

President Pakistan Muslim League-N NWFP Pir Sabir Shah has asked his party candidates to submit applications for participating in the by-elections. Party spokesman, Arshad Qureshi said the party candidates have been directed to submit their applications f
Published 13 Apr, 2008 12:00am
Agriculture products irradiation facility commissioning delayed

Agriculture products irradiation facility commissioning delayed

The hot commissioning of the irradiation facility, which was due in March 2007 to increase shelf life of food products and meet phyto-sanitary requirements required under WTO agreement to boost export of agricultural products, particularly fruits and vege
Published 13 Apr, 2008 12:00am
Talks with MQM in final round: Qaim

Talks with MQM in final round: Qaim

Sindh Chief Minister Syed Qaim Ali Shah has said that the talks with MQM have been resumed after a brief deadlock aimed at maintenance of peace and restoration of law and order situation in the province.
Published 13 Apr, 2008 12:00am
Textile share in exports down by three percent

Textile share in exports down by three percent

The share of textile sector in country''s exports has registered a negative growth of three percent in July-February 2007-08 as compared to the same period last year, indicating a widening trade deficit that can hurt balance of payments.
Published 13 Apr, 2008 12:00am
Textile share in exports down by three percent

Textile share in exports down by three percent

The share of textile sector in country's exports has registered a negative growth of three percent in July-February 2007-08 as compared to the same period last year, indicating a widening trade deficit that can hurt balance of payments.
Published 13 Apr, 2008 12:00am
Textile share in exports down by three percent

Textile share in exports down by three percent

The share of textile sector in country's exports has registered a negative growth of three percent in July-February 2007-08 as compared to the same period last year, indicating a widening trade deficit that can hurt balance of payments.
Published 13 Apr, 2008 12:00am
Pepco told to achieve energy conservation goals

Pepco told to achieve energy conservation goals

Water and Power Minister Raja Pervez Ashraf on Saturday convened a special meeting to review the energy situation in the country and examined measures being undertaken to implement Prime Minister''s Energy Conservation Strategy by Pepco.
Published 13 Apr, 2008 12:00am
Pepco told to achieve energy conservation goals

Pepco told to achieve energy conservation goals

Water and Power Minister Raja Pervez Ashraf on Saturday convened a special meeting to review the energy situation in the country and examined measures being undertaken to implement Prime Minister's Energy Conservation Strategy by Pepco.
Published 13 Apr, 2008 12:00am
Pepco told to achieve energy conservation goals

Pepco told to achieve energy conservation goals

Water and Power Minister Raja Pervez Ashraf on Saturday convened a special meeting to review the energy situation in the country and examined measures being undertaken to implement Prime Minister's Energy Conservation Strategy by Pepco.
Published 13 Apr, 2008 12:00am
Construction of Diamer-Bhasha Dam to start in 2009

Construction of Diamer-Bhasha Dam to start in 2009

The construction of the third mega dam - Diamer-Bhasha - on mighty Indus River at a cost of $6.5 billion will commence next year, senior Wapda officials told Business Recorder here on Saturday.
Published 13 Apr, 2008 12:00am
Construction of Diamer-Bhasha Dam to start in 2009

Construction of Diamer-Bhasha Dam to start in 2009

The construction of the third mega dam - Diamer-Bhasha - on mighty Indus River at a cost of $6.5 billion will commence next year, senior Wapda officials told Business Recorder here on Saturday.
Published 13 Apr, 2008 12:00am
Construction of Diamer-Bhasha Dam to start in 2009

Construction of Diamer-Bhasha Dam to start in 2009

The construction of the third mega dam - Diamer-Bhasha - on mighty Indus River at a cost of $6.5 billion will commence next year, senior Wapda officials told Business Recorder here on Saturday.
Published 13 Apr, 2008 12:00am
ZTBL's pretax profit surges to Rs 1.784 billion

ZTBL's pretax profit surges to Rs 1.784 billion

Robust recovery of Rs 63 billion and deposit raise of Rs 4.3 billion has surged the ZTBL's pretax profit to Rs 1.784 billion registering an unprecedented growth of 176 percent in the year ending on December 31, 2007.
Published 13 Apr, 2008 12:00am
ZTBL's pretax profit surges to Rs 1.784 billion

ZTBL's pretax profit surges to Rs 1.784 billion

Robust recovery of Rs 63 billion and deposit raise of Rs 4.3 billion has surged the ZTBL's pretax profit to Rs 1.784 billion registering an unprecedented growth of 176 percent in the year ending on December 31, 2007.
Published 13 Apr, 2008 12:00am
NWFP to bring 2.7 million land under cultivation

NWFP to bring 2.7 million land under cultivation

The NWFP Minister for Agriculture and Livestock, Arbab Muhammad Ayub Jan, has said that 2.7 million acre land will be brought under cultivation to meet the wheat requirement in the next five years. He said this while presiding over a high level meeting of
Published 13 Apr, 2008 12:00am
Vaneeza lawns exhibition opens

Vaneeza lawns exhibition opens

A two-day exhibition of Vaneeza Lawns opened here on Saturday at a five star hotel. The exhibition, displayed 15 varieties of international fabric designs, was participated mainly by elite families due to their high cost. There was an array of designs ran
Published 13 Apr, 2008 12:00am
Call to set up Saarc food bank to face climate change

Call to set up Saarc food bank to face climate change

Agriculture experts at a seminar here on Saturday underlined the need for establishing a common food bank for the South Asian Association for Regional Co-operation ( Saarc) member countries to face adverse impact of climate change on food production.
Published 13 Apr, 2008 12:00am
Afgan incident establishments' handy work: PBC

Afgan incident establishments' handy work: PBC

A meeting of Executive Committee of Pakistan Bar Council (PBC) which met here on Saturday at Sindh High Court Bar Association termed the manhandling of Dr Sher Afgan Khan Niazi, former minister in President Musharraf's' rule as hand work of establishment.
Published 13 Apr, 2008 12:00am
Two-day international multi-topic moot inaugurated

Two-day international multi-topic moot inaugurated

The Mehran University of Engineering and Technology (Muet) in collaboration with the Aalboerg University Denmark and Higher Education Commission Islamabad inaugurated a two-day International Multi-topic conference on April 11, 2008.
Published 13 Apr, 2008 12:00am
Kayani receives DPICMs

Kayani receives DPICMs

Chief of Army Staff, General Ashfaq Parvez Kayani, received the first lot of 155 millimeter, Base Bleed (BB) Dual Purpose Improvised Conventional Munitions (DPICM) Ammunition from Chairman Pakistan Ordnance Factory Board, Lieutenant General Syed Sabahat H
Published 13 Apr, 2008 12:00am
'Government to reduce deficit by increasing export'

'Government to reduce deficit by increasing export'

The trade deficit has reached to 14 billion dollars and the government has chalked out a comprehensive plan by increasing export to bridge the gap in trade deficit. "The principle of devaluation of money will not be followed to decrease it.
Published 13 Apr, 2008 12:00am
Maqbool underlines competitive efforts for survival

Maqbool underlines competitive efforts for survival

Punjab Governor Khalid Maqbool has said Pakistan can no longer exist without proving itself in the today's competitive world and we should be a part of global producers and investment system for our survival.
Published 13 Apr, 2008 12:00am
TAC to organise shopping festival

TAC to organise shopping festival

Trader Action Committee (TAC) will organise a shopping festival in main markets for three months from May 2, to boost sales. Chairman TAC Siddique Memon said here on Saturday permission have been acquired from City District Government Karachi (CDGK) for h
Published 13 Apr, 2008 12:00am
MAPs Corporate Excellence Award ceremony on May 14

MAPs Corporate Excellence Award ceremony on May 14

The 25th Corporate Excellence Award distribution ceremony of Management Association of Pakistan (MAP) will be held on May 14 at Karachi Sheraton Hotel here. Mohammad Ishaq Dar, Federal Minister for Finance, Revenue, Economic Affairs and Statistics will be
Published 13 Apr, 2008 12:00am
'PML-N to reconcile with MQM if Altaf renounces terrorism'

'PML-N to reconcile with MQM if Altaf renounces terrorism'

PML-N has said that it is ready to reconcile with MQM if Altaf Hussain renounces terrorism and unconstitutional steps of Pervez Musharraf. Addressing a crowded press conference here at Model Town on Saturday, PML-N spokesman Saddique-ul-Farooq said we hav
Published 13 Apr, 2008 12:00am
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