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Print - 2008-05-07
Seminar held to observe Bishop John's death anniversary

Seminar held to observe Bishop John's death anniversary

The National Commission for Justice and Peace (NCJP) in collaboration with Association of NGOs for Sharing Resources and Activities (ANSRA) organised a seminar on the 10th Death Anniversary of Bishop John Joseph, which was attended by 80 participants from
Published 07 May, 2008 12:00am
Abad chief meets CCOB KBCA

Abad chief meets CCOB KBCA

Chief Controller, Karachi Building Control Authority (KBCA), Manzoor Kadir has said that construction industry earns greater importance and in this connection positive steps will continue to be taken for its promotion. He made these observations while tal
Published 07 May, 2008 12:00am
Furniture traders call for strike on Friday

Furniture traders call for strike on Friday

Furniture traders on Tuesday called for a shutter down strike on Friday, May 9, in protest against the government for not arresting the murderers of a trader, Saleem Anwar Shaikh. Chairman of Karachi Furniture Dealers Group (KFDG), Muhammad Atiq Mir, said
Published 07 May, 2008 12:00am
Wind-based power generation project in the doldrums

Wind-based power generation project in the doldrums

The work on 18-MW capacity wind-based power generation plant at Gharo, the first of its kind in the country, has not been initiated so far, Business Recorder learnt here on Tuesday.
Published 07 May, 2008 12:00am
MSPIDA elects office-bearers

MSPIDA elects office-bearers

M Rehan Hanif, Noor Ali Bhojani, M Rafiq Mansoori and Naveed Ajaz have been elected unopposed as chairman, senior vice chairman, vice chairman and joint secretary of Motorcycle Spare Parts Imports and Dealers Group (MSPIDA) for the year 2008-09 respective
Published 07 May, 2008 12:00am
High oil prices to push up shipping freight rates

High oil prices to push up shipping freight rates

Experts are eyeing "revival" of shipping freights rates as the ship bunker prices have shot up to $120 per ton, registering a 100 percent increase in last one year in wake of the record increase in oil prices in international market.
Published 07 May, 2008 12:00am
Six killed in different incidents

Six killed in different incidents

At least eight people were killed in different incidents in the city on Tuesday, police sources told Business Recorder. A ten-year-old boy, Faheem s/o Qasim fell into an open sewerage manhole in the jurisdiction of Haideri Police Station. The body
Published 07 May, 2008 12:00am
IG Sindh reviews progress of e-policing project

IG Sindh reviews progress of e-policing project

Inspector General Police Sindh, Shoaib Suddle has said that e-policing project can bring the Police Department in conformity with the demands of 21st century and play a significant role in improving the police performance. He was chairing a meeting held a
Published 07 May, 2008 12:00am
Distributors demand LPG price at Rs 25,000 a ton

Distributors demand LPG price at Rs 25,000 a ton

LPG Distributors Association Pakistan chairman and FPCCI Standing Committee for Petroleum and Gas senior vice chairman Abdul Hadi Khan said on Tuesday that after rising trend of petroleum gas from Iran that has reduced LPG sale in the local market by 60 p
Published 07 May, 2008 12:00am
Seminar on Japanese management style held

Seminar on Japanese management style held

A seminar on 'Japanese Style of Management' was held at Defence Authority College of Business here on Monday. Professor Toshio Fujita was the keynote speaker on the occasion. He in his discourse traced the origin of the Japanese management system in light
Published 07 May, 2008 12:00am
Apma calls for reinstating 173 health workers

Apma calls for reinstating 173 health workers

The All Pakistan Minorities Alliance (APMA) has demanded of the government to reinstate 173 sacked health workers of Gulshan-e-Iqbal Town and eliminate discriminative laws immediately. Addressing a protest rally at the Karachi Press Club on Tuesday, Sindh
Published 07 May, 2008 12:00am
Pakistan expresses sympathies over loss of life in Myanmar

Pakistan expresses sympathies over loss of life in Myanmar

Foreign Minister Shah Mahmoud Quraishi has expressed heart felt sympathies on behalf of the people and government of Pakistan on the tragic loss of life and property caused by devastating cyclone in Myanmar.
Published 07 May, 2008 12:00am
Anti-polio campaign starts

Anti-polio campaign starts

Director General Health Punjab Dr Muhammad Aslam Chaudhry inaugurated the three-day National Immunisation Campaign against polio here on Tuesday at Children's Hospital by administering polio vaccine drops to the children. Dean of Children's Hospital, Dr T
Published 07 May, 2008 12:00am
More family welfare centres to be set up

More family welfare centres to be set up

Ministry of Population Welfare is taking concrete steps to establish more family welfare centres and reproductive health services centres to provide maximum population welfare facilities to masses. It was disclosed by a press release issued here on Tuesda
Published 07 May, 2008 12:00am
Next academic year to start from April 1, 2009: Khosa

Next academic year to start from April 1, 2009: Khosa

Punjab Chief Minister Sardar Dost Muhammad Khosa has said the government has decided to start next academic year from April 01, 2009. He disclosed this while talking to lawyers in the bar room at district courts here on Tuesday. Bar President Malik Saleem
Published 07 May, 2008 12:00am
PSF holds protest demonstration

PSF holds protest demonstration

The members of Peoples Students Federation (PSF) held a protest demonstration in Zakariya University and boycotted their classes on Tuesday morning. According to the details, the students of PSF wanted to meet Syed Yousaf Raza Gilani on his recent visit t
Published 07 May, 2008 12:00am
PUEHS meeting

PUEHS meeting

General Body meeting of Punjab University Employees Housing Society (PUEHS) was held here at Environmental Law Centre, new campus on Tuesday. Society's new president, Professor Dr Saeed Ahmad Nagra presided over the meeting. Former President Professor Dr
Published 07 May, 2008 12:00am
The Weather

The Weather

The weather report on Tuesday (May 06, 2008) and the forecast for Wednesday (May 07, 2008).
Published 07 May, 2008 12:00am
Soaring building material prices halt projects

Soaring building material prices halt projects

The abnormal increase in the prices of building material has adversely affected completion of the development projects and other construction work in the country. Due to stoppage of construction work to a great extent, thousands of labourers and workers a
Published 07 May, 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 07 May, 2008 12:00am
Nine people die of heatstroke

Nine people die of heatstroke

Nine people died of heatstroke in Southern Punjab as the temperature continues to rise in the province. Health authorities have confirmed the death of nine people including two women. The deaths were identified as Abdul Majid, Gulzar Ahmed, Mrs Imam Bakhs
Published 07 May, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 06, 2008).

Published 07 May, 2008 12:00am
US team calls on Nisar

US team calls on Nisar

A three-member US delegation comprising of Former Deputy Assistant Secretary, Johan A Gastright, Burean of South Asian Affairs, Kara L Bue, Deputy Assistant Secretary for Regional Stability called on Senior Federal Minister, Chaudhry Nisar Ali Khan here o
Published 07 May, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (May 06, 2008) and for Wednesday (May 07, 2008).
Published 07 May, 2008 12:00am
Science and technology vital to progress, prosperity: Gilani

Science and technology vital to progress, prosperity: Gilani

Prime Minister Syed Yousuf Raza Gilani has said that unanimity of views and people to people contacts between Pakistan and Yemen have facilitated to strengthen the bilateral relations. He expressed the confidence that the meeting of the 5th joint commissi
Published 07 May, 2008 12:00am
Country likely to face worst power crisis

Country likely to face worst power crisis

Pakistan is likely to face the worst power shortage of around 5000 MW during next two to three months as the demand and supply gap will widen further with rising temperatures, sources told Business Recorder.
Published 07 May, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 06, 2008).

Published 07 May, 2008 12:00am
India fails to hand over Muhammed Akram's body

India fails to hand over Muhammed Akram's body

Despite repeated requests by Pakistan, India has failed to hand over body of ill-fated Pakistani national Muhammed Akram who died in Amritsar jail on April 26 under mysterious circumstances. This is a second gory incident in two months, which reflects the
Published 07 May, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 06, 2008).

Published 07 May, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 06, 2008).

Published 07 May, 2008 12:00am
Supreme Court moved for commuting death sentence of 52 prisoners

Supreme Court moved for commuting death sentence of 52 prisoners

An advocate of Supreme Court, Muhammad Siddique Khan, on Tuesday filed a constitutional petition, as pro bono publico, seeking either release or conversion of death sentence into life imprisonment of the prisoners being kept in death cells for over eight
Published 07 May, 2008 12:00am
'Corruption, negligence in irrigation department will not be tolerated'

'Corruption, negligence in irrigation department will not be tolerated'

Senior Minister for Irrigation, Raja Riaz Ahmed has said that corruption or negligence will not be tolerated in the irrigation department, provision of irrigation water at tail ends would be ensured. He also assured that prompt patrolling round the clock
Published 07 May, 2008 12:00am
Fixation of wheat prices challenged

Fixation of wheat prices challenged

The Lahore High Court (LHC) has called for a report from the federal and provincial agricultural ministries and Punjab home department in a petition challenging fixation of wheat prices at Rs 625 per 40 kg.
Published 07 May, 2008 12:00am
THE RUPEE: highly volatile session before intervention

THE RUPEE: highly volatile session before intervention

Panic buying of dollars by importers caused dearth of the US currency. Amid volatile session dollar touched the new high at 66.78, resulting in the State Bank of Pakistan's (SBP) intervention in the interbank market on Monday to rescue the rupee as it was
Published 07 May, 2008 12:00am
Government to bring white revolution: Prime Minister

Government to bring white revolution: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Tuesday said the government would provide all necessary resources to bring about a white revolution in the country. Pakistan is an agricultural country and government is committed to enhance the production of dair
Published 07 May, 2008 12:00am
THE RUPEE: highly volatile session before intervention

THE RUPEE: highly volatile session before intervention

Panic buying of dollars by importers caused dearth of the US currency. Amid volatile session dollar touched the new high at 66.78, resulting in the State Bank of Pakistan's (SBP) intervention in the interbank market on Monday to rescue the rupee as it was
Published 07 May, 2008 12:00am
Lecture on 'Iqbal and concept of democracy' held

Lecture on 'Iqbal and concept of democracy' held

The Majlis-e-Sufi Tubassam, the Government College University (GCU), Lahore, on Tuesday organised a lecture titled 'Iqbal and concept of democracy.' Head of the Iqbaliyat Department, Oriental College of Punjab University, Professor Dr Syed Muhammad Akram
Published 07 May, 2008 12:00am
PAL remembers Sheikh Ayaz with great enthusiasm

PAL remembers Sheikh Ayaz with great enthusiasm

Pakistan Academy of Letters (PAL) celebrated Sheikh Ayaz, and his poetry, at a national literary conference organised jointly by Pakistan Academy of Letters and the Shah Latif Cultural Organisation, here on Tuesday. Shaikh Ayaz (1923-1997), was one of the
Published 07 May, 2008 12:00am
IIU to organise number of cultural events

IIU to organise number of cultural events

Islamic International University (IIU) has organised a number of cultural events, beginning next Thursday. The most prestigious among them is a two-day photo exhibition relating to "Sacred Trusts: collection of Holy Relics like the Holy Mantle, the seal,
Published 07 May, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (May 06, 2008).

Published 07 May, 2008 12:00am
Ministries told to prioritise schemes for 2008-09 PSDP

Ministries told to prioritise schemes for 2008-09 PSDP

The Planning Commission (PC) has informed all ministries that the development projects may face resource constraints in the 2008-09 development budget, and has advised them to prioritise their schemes in line with the priorities set by the new government.
Published 07 May, 2008 12:00am
AGP terms appointment of OGDCL's EDHR irregular

AGP terms appointment of OGDCL's EDHR irregular

The Auditor General of Pakistan (AGP) has termed the appointment of Executive Director (ED) Human Resources, Oil and Gas Development Company Limited (OGDCL) as irregular and sought explanation from the management for hiring a person of lesser qualificatio
Published 07 May, 2008 12:00am
Rs 1.4 billion Marghazar Zoo up-gradation to be completed in three years

Rs 1.4 billion Marghazar Zoo up-gradation to be completed in three years

The expansion and development of Marghazar Zoo costing Rs 1.4 billion will be completed in three years. The project will be started in the first week of June 2008. This was announced at a public hearing, organised by the Pakistan Environmental Agency (Pak
Published 07 May, 2008 12:00am
NCCW decides to discourage commercial export of wildlife

NCCW decides to discourage commercial export of wildlife

The registration fee for commercial export and import of wildlife species has been increased to Rs 40,000 from Rs 10,000, to discourage the commercial export of wildlife and to save the heritage species, Business Recorder learnt on Tuesday.
Published 07 May, 2008 12:00am
AHRC deplores disappearance of political activists

AHRC deplores disappearance of political activists

The Hong Kong-based Asian Human Rights Commission (AHRC) has deplored that forced disappearances of political activists still continue despite induction of new elected government in Pakistan.
Published 07 May, 2008 12:00am
Sindh industrialists, businessmen convention on May 13

Sindh industrialists, businessmen convention on May 13

Sindh Industries department will organise a provincial convention for industrialists and businessmen of the province on May 13 at a local hotel. This was stated by Sindh Minister for Industries and Commerce, Rauf Siddiqi, while addressing his first press
Published 07 May, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 07 May, 2008 12:00am
Government urged to regularise secondary market of Prize Bond

Government urged to regularise secondary market of Prize Bond

Government must immediately withdraw 10 percent withholding tax on prizes of Prize Bond scheme and overall returns on the Scheme should be brought at par with other savings schemes offered by the government, industry analysts demanded.
Published 07 May, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (May 06, 2008).

Published 07 May, 2008 12:00am
Nasrin Jalil reviews supply of daily food items

Nasrin Jalil reviews supply of daily food items

Acting Nazim Karachi, Nasrin Jalil has instructed the concerned officials to ensure proper meat supply and maintain price stability of all other food items so that citizens do not face any difficulty in getting items of daily use. She stressed on improvin
Published 07 May, 2008 12:00am
Nando's celebrates seven years of success

Nando's celebrates seven years of success

Nando's the world renowned South African Franchise, famous for its flame-grilled peri-peri chicken, is celebrating its 7th anniversary on Wednesday at the outlets in Pakistan, making it an enchanting festivity for the peri-peri lovers.
Published 07 May, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 07 May, 2008 12:00am
Sheraton Towers refurbishment launched

Sheraton Towers refurbishment launched

The Sheraton Karachi Hotel & Towers is the only internationally managed five-star hotel in Pakistan & a member of Starwood Hotels & Resorts Worldwide. For more than 25 years the hotel has proven to be one of the pioneers in the hospitality industry in Pak
Published 07 May, 2008 12:00am
Qaim vows provision of basic facilities to masses

Qaim vows provision of basic facilities to masses

Sindh Chief Minister Syed Qaim Ali Shah has said that he had been honoured by the party leadership with the second time appointment as chief minister of the province and would abide by party decisions in the future like past.
Published 07 May, 2008 12:00am
Nadra becomes first CMMI certified organisation

Nadra becomes first CMMI certified organisation

The National Database and Registration Authority (NADRA) has become the first-ever Capability Maturity Model Integrated (CMMI) certified organisation in the public sector, a press release, issued here on Tuesday, revealed this.
Published 07 May, 2008 12:00am
SBP says textile sector received Rs 176 billion under ERS

SBP says textile sector received Rs 176 billion under ERS

The State Bank of Pakistan and commercial banks have provided Rs 273 billion under the Export Refinance Scheme (ERS) to all eligible export-oriented sectors during the first three quarters of FY08.
Published 07 May, 2008 12:00am
CPNE wants draconian laws against press freedom to be withdrawn

CPNE wants draconian laws against press freedom to be withdrawn

The members of the Council of Pakistan Newspaper Editors (CPNE) held a meeting here on Tuesday afternoon, under the chairmanship of CPNE President Arif Nizami, demanded through a resolution that the government should withdraw immediately the draconian mea
Published 07 May, 2008 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

The Leader of the House looked agitated as he paced in and out of the Senate Hall on Tuesday to bring Interior Advisor Rahman Malik inside, where a debate on law and order was going on.
Published 07 May, 2008 12:00am
By-election: ECP to announce revised schedule today

By-election: ECP to announce revised schedule today

The Election Commission of Pakistan would announce revised schedule of by-election on Wednesday in line with aspirations of people and political parties of the country, Secretary Election of Pakistan Kanwar Muhammad Dilshad said Tuesday.
Published 07 May, 2008 12:00am
PPP terms poll postponement a conspiracy

PPP terms poll postponement a conspiracy

The Pakistan People's Party (PPP) has voiced concern over the postponement of by-polls and termed it a conspiracy against the democracy, said Peoples Labour Bureau In-charge Abdul Qadir Shaheen. Shaheen rejected a plea by the Election Commission that the
Published 07 May, 2008 12:00am
Deteriorating law, order situation echoed in Senate

Deteriorating law, order situation echoed in Senate

Lawmakers in the Senate on Tuesday expressed dissatisfaction over the law and order situation in Federally Administered Tribal Areas (Fata), Balochistan and interior Sindh, where target killing, abduction for ransom and other terrorist activities are on t
Published 07 May, 2008 12:00am
PML-N demands action against Rehman Malik

PML-N demands action against Rehman Malik

Expressing serious concerns over the postponement of by-elections, Pakistan Muslim League-N on Tuesday demanded of the government to take stern action against the elements behind the move especially Advisor to Prime Minister on Interior Rehman Malik.
Published 07 May, 2008 12:00am
Government to strengthen civil armed forces: Malik

Government to strengthen civil armed forces: Malik

Government will provide all out support and assistance to the civil armed forces to enhance their operational capabilities and to maintain law and order, said A Rehman Malik, Advisor to Prime Minister on Interior here on Tuesday.
Published 07 May, 2008 12:00am
Khawaja sees pro-status quo forces active to block democracy

Khawaja sees pro-status quo forces active to block democracy

Federal Minister for Petroleum and Natural Resources, Khawaja Muhammad Asif on Tuesday said that pro-status quo forces were active to block the way of democratic process, and postponement of by-election was a move in this direction.
Published 07 May, 2008 12:00am
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