French Foreign Minister Bernard Kouchner said on Monday countries on the UN Security Council that did not agree to pressure Myanmar into opening its doors to foreign aid were guilty of "cowardice".
Southeast Asian nations will take the lead in an international aid effort for cyclone-hit Myanmar, but the military junta will not give Western relief workers unfettered access to disaster areas, Singapore said on Monday.v"We will establish a mechanism so
The Pentagon plans to send 39,000 soldiers to Iraq to replace troops scheduled to leave the war zone and to hold the total US force level steady over the next year. The deployments allow commanders to keep 15 brigade combat teams plus support personnel in
The world faces a Herculean task to safeguard animal and plant life from climate change and pollution, German Environment Minister Sigmar Gabriel said at the opening of a UN biodiversity conference on Monday.
Sterling fell against the dollar and euro on Monday, shrugging off a robust housing market survey, with sentiment staying heavy due a recent run of poor data and expectations for the UK economy to slow further.
The dollar slipped to a 2-1/2 week low against a basket of major currencies on Monday, as the worst US consumer confidence reading in nearly three decades raised concerns about stagflation.
French cement maker Lafarge brought a two-part euro bond sale to the market on Monday, as credit spreads tightened further despite continued debate about whether the credit crisis was over the worst.
French cement maker Lafarge brought a two-part euro bond sale to the market on Monday, as credit spreads tightened further despite continued debate about whether the credit crisis was over the worst.
Wall Street stocks rose on Monday as investors bet that the US economy will avoid sinking into a recession, boosting growth-sensitive sectors such as transport and technology. Shares of energy companies, including Exxon Mobil Corp, were boosted by high oi
British blue chip shares rose on Monday for the fourth day in a row, hitting their highest close in over four months, driven by commodity stocks as crude oil held within sight of recent record highs and as positive broker comment helped miners.
Cotton futures finished softer Monday on investor sales triggered in part by the firm dollar, weak soybean futures and favourable growing weather in the US cotton belt, brokers said.
Industrial metals fell on Monday, with rising London Metal Exchange stocks dampening sentiment, while investors digested the impact of last week's earthquake on China's metal production.
Gold extended gains on Monday to hit a near one-month peak above $900 an ounce on the back of speculative buying as oil hovered around its record high, fanning fears of inflation.
London robusta coffee, cocoa, and white sugar futures all sagged on Monday on investor and fund selling, pressured by a firm US dollar, traders said. The dollar's weakness early in the session initially helped underpin London soft commodities in thin trad
Oil rose past $127 a barrel on Monday after Opec's president insisted the producer group would not increase output at its next meeting in September. The US light crude contract for June delivery, which expires on Tuesday, settled up 76 cents at $127.05 a
A KBCA notice published in all newspapers, warning all co-operative housing societies in Karachi not to use residential areas for any other purpose without the permission of the department concerned.
At present in Karachi one giant screen has been installed at the crossing of Jinnah Hospital, Shahrah-e-Faisal near Regent Plaza Hotel, Karachi which creates lot of disturbances and accidents on the road. The lights of the billboard are very sharp which g
It's exam season in India -- and it's also suicide season when students buckle under parental pressure to get high marks and into a top university for the golden chance of a high-paying job. Newspapers carry tragic daily reports of youngsters who have kil
There are Israeli Jews who have been talking to Hamas for years, especially Rabbi Menahem Frohman. In fact, there are more Israeli Jews, official and un-official, who would be talking not only to Hamas, but also to Syria and Iran were the White House not
The new government in Pakistan is in place after the February 18, 2008 general elections. It is confronted with major challenges out of which power shortage is the most demanding. Due to energy shortage, the public has been warned that it should tighten i
At its last week's proceedings, US congressional foreign affairs sub-committee on South Asia and the Middle East was informed that a substantial chunk of the aid money meant for Pakistan and Afghanistan never left the US, and was siphoned off in the form
The sad news, though shocking, was expected for some time. Standard and Poor's Rating Services on 15th May lowered its long-term foreign currency debt rating on Pakistan to 'B' from 'B+' and its long-term local currency rating to 'BB-' from 'BB'.
A six-member delegation of Asian Development Bank (ADB) called on senior officers of Engineering Development Board (EDB) here on Monday. The delegation was briefed about the salient features of industrial, tariff, taxation and fiscal policies of Pakistan,
As many as 19 United Nations entities working in Pakistan would be joining hands in implementing the 'One UN Program' in Pakistan to address infrastructure, environment, health, agriculture, poverty reduction, and child and mother healthcare issues.
The second batch of relief goods from Pakistan is due in China on Tuesday for the affected people of May 12 devastated earthquake, said an embassy official. The two military aircraft carrying relief goods are due to land in Chengdu on May 20, the capital
The next National Assembly session is likely to be summoned next Thursday (May 22), or Friday (May 23), parliamentary sources told Business Recorder on Monday. The source was unable to answer the exact date on which the annual budget would be prese
The President of Azad Jammu Kashmir Raja Zulqarnain Khan here on Monday said that the government was fully committed to raise the life style of the common man across Azad Jammu Kashmir equally both in urban and country side areas with special focus to tur
The annual Urs celebrations of great saint Syed Abdul Latif Kazmi (RA), known as Bari Imam, would start from May 25 and would continue till May 29. Prime Minister Yousaf Raza Gillani is expected to inaugurate the four-day celebrations, by placing a chadar
A five-member Iranian delegation headed by the Secretary General of Guardian Council, Ayatullah Janati, on Monday visited Shah Faisal mosque and lauded its construction work. Other members of the delegation comprising representative of Ministry of Foreign
Prime Minister Syed Yousuf Raza Gilani on Monday said there was no pressure on the coalition government for the reinstatement of deposed judges and as soon as the modalities were worked out they would be restored.
Current LPG retail prices are well within the maximum consumer price range allowed by the Oil & Gas Regulatory Authority (Ogra) and any changes in the retail prices are a result of market demand and supply, said the LPG Association of Pakistan (LPGAP) in
Pre-partition violence in 1947 that deprived thousands of people of their lives was triggered by a specific group to grow the seed of hatred between Muslims and Hindus. The comment came at a conference 'Partition: Reflections, Memories, Dreams' held at th
As the flour millers have been granted permission to buy wheat from the open market to meet their grinding needs, wheat procurement has dropped to 40,000 metric tons per day and more decline was expected during next ten days, said Punjab Food Department o
The Asia House, UK, Chief Executive Officer, Chariotee Pinder has said that Pakistan has huge investment potential for the British business community. She was talking to the Small and Medium Enterprises Development Authority (Smeda), Chief Executive Offic
Pakistan Muslim League-Nawaz (PML-N) leader, Ahsan Iqbal, has said that engineering sector has huge potential, which needs to be tapped. He said that the world has now become a global village and the level of competition is galloping fast with every passi
As the farmers across the country have been anxiously awaiting regular water releases in the irrigation canals for sowing the Kharif crops, the water inflow in the four rivers under Pakistan's control has been improving slowly and has reached the level 2,
Capital City Police Officer Muhammad Pervez Rathore has directed senior traffic officers to establish two more booths for the issuance of traffic learner licenses and also install four printers in licensing branch for the convenience of the people.
Punjab Chief Minister Sardar Dost Muhammad Khan Khosa has said that agri-marketing system would be streamlined for ensuring due returns to the farmers for their produce.
Lahore Development Authority (LDA) DG Irfan Ali has instructed the concerned department to collect samples of drinking water from homes and send them for testing to independent labs to determine the level of contamination in it.
Airport Emergency Exercise 'Rescue Air 2008' was conducted at Islamabad International Airport on Monday to train Civil Aviation Authority (CAA) staff and to test reliability and functioning of their equipment. The exercise was organised by the CAA at the
Punjab Minister for Culture, Youth Affairs and Sports, Dr Tanveer-ul-Islam has said that bureaucracy is fully co-operating in implementation of the orders passed during 'open katchery' held by PPP ministers. He expressed these views while talking to the n
The Returning Officer PP-141 Lahore, after accepting the nomination papers of the President, Pakistan Muslim League-Nawaz (PML-N), Mian Shahbaz Sharif has allowed him contesting by-election from the constituency.
In order to enhance literary and cultural activities, Annual Jhok Saraikee Mela would be held here on Tuesday at Community Center Aabpara.Saraikee folk singers would perform while prominent personalities would participate in the celebrations of Mela.
The Vesak festival, which marks the day of advent and the death of Lord Buddha, was celebrated here on Monday, wherein Myanmar's ambassador was the chief guest. The function was celebrated at the residence of Sri Lankan High Commissioner, W B Dorakumbure,
The Ministry of Culture will hold various cultural activities to mark Lahore as a "Capital of Islamic Culture" for reviving the spirit of Islamic art and architecture by the end of May.
The Ministry of Environment is making all out efforts to develop policies, plans and programmes such as the national environment policy, national sanitation policy, national energy conservation policy and draft national forestry policy for addressing the
Six people gunned down a woman, her young daughter and a son, over engagement issue, in a village Mitha Tiwana of District Khushab. According to police, Ghafoor and Zahoor, brothers of Safia, were against the engagement of their niece, Shaheen Kausar, wit
The Supreme Court on Monday directed the government of Punjab to file its comments on the issue of compulsory requisition of land in Salkhaiter village, in favour of a private housing company, by June 9.
The NWFP Governor, Owais Ahmed Ghani, has stressed the need of an aggressive, meaningful and organised role of private entrepreneurs in housing development sector. To help meet the rapidly growing demand in the society in this respect but also to ease the
The Association of Women for Awareness and Motivation (Awam) in collaboration with other organisations and TIE Foundation conducted a consultation meeting on the theme "Women with disability: Challenges and Resolves" held at Caritas office in Faisalabad.
Doctors and medical specialists have said that gastro is one of the leading causes of mortality and morbidity among children in Pakistan. Contaminated water is not only the cause of this dreadful disease but it may also lead to hepatitis A & E and the typ
The Secretary Health, Punjab, Anwar Ahmed Khan will visit the Fatima Jinnah Medical College(FJMC) /Sir Ganga Ram Hospital on May 21. The secretary during his visit will preside over a meeting of faculty members of the Fatima Jinnah Medical College.
The government plans to establish diagnosis and counselling centres throughout the country for treatment of hepatitis. Dr Sharif Ahmad Khan, the National Programme Manager for Prevention and Control of Hepatitis has said this while talking to PTV.
The government is not spending much to eradicate hepatitis as the prevalence of disease is increasing rapidly with each passing day, sources told Business Recorder on Monday. "The shortage of funds is the biggest hurdle in putting breaks on hepatit
Preventive measures are necessary to eliminate Hepatitis from the country, said Executive Director of Pakistan Institution of Medical Sciences (Pims) Dr Abdul Majeed Rajput while addressing doctors, nurses and paramedical staff and postgraduate residents
The adoption of Unesco's Universal Declaration on Cultural Diversity in November 2001, the General Assembly of the United Nations proclaimed May 21, as 'World Day for Cultural Diversity for Dialogue and Development.'
Citizen Police Liaison Committee (CPLC) Chief Muhammad Arif Suria said that the special children can not be neglected in national and social development process so it was the joint responsibility of the society to pay attention towards the education, reha
Pak-Arab Fertilisers, Multan, a Pakistani fertiliser company has started generating saleable carbon-offset credits by reducing emissions of green house gas while five more projects are awaiting approval of a United Nations' body, officials said here on Mo
President High Court Bar, Mehmood Ashraf, President District Court Bar, Najaf Chawan and former vice president Pakistan Bar Council, Mirza Aziz Akbar have said in a joint statement that the struggles which originated from Multan in the past experienced a
Pakistan Muslim League-Nawaz (PML-N)'s Quaid, Mian Nawaz Sharif has asked their provincial ministers and public representatives to devote their all energies to redress the public grievances on priority basis. He expressed his views while addressing the pa
The government has decided not to increase the prices of oil products till the coming budget in the wake of skyrocketing food inflation that has made life miserable for the poor consumers, sources told Business Recorder on Monday.
Prime Minister Syed Yousuf Raza Gilani seeking investment in energy sector on Monday assured the investors that the new democratic government will fully facilitate the foreign investors.
Ayatollah Ahmad Jannati reminded the Ulema and rulers of the Muslim countries of their duty to revive the glory of Islamic laws, and forge unity within their ranks.
Jacob Oram's 101 secured a draw for New Zealand on the fifth and final day of the first Test against England at Lord's here Monday. Oram's fifth Test hundred, and first against England, was the centrepiece of New Zealand's second innings 269 for six - 227
The Securities and Exchange Commission of Pakistan (SECP) in collaboration with the FTSE Group recently arranged a 'Pakistan equity roundtable' in London, highlighting reforms in the country's stock exchanges and demutualisation process.
A couple of agreements are expected to be inked during the first high-level contact between Pakistan and India on May 21 after the installation of new government in Pakistan.
The opposition members in the City Council subsiding what the convenor said a scheduled agenda to discuss the issue of inflation have demanded the city government of a formal declaration in the media if it had really become bankrupt.
The All Parties Democratic Movement (APDM) will early next month hold a national conference to seek suggestions from non-political activists about when to hit streets to launch what its leaders called a decisive anti-Musharraf battle.
Women legislators of the Pakistan Muslim League-Q in the Punjab Assembly have expressed their full confidence in the party leadership and assured all out support to Chaudhry Shujaat Hussein and Chaudhry Pervaiz Elahi in their just struggle.
Pakistani authorities have recently arrested a notorious drug baron and investigators later traced his links with al Qaeda, a top official says to trigger speculations about terror network being financed through drug money.
Unknown persons targeted Wapda personnel during the maintenance process of an electricity tower damaged by a bomb blast in the Shaikh Muhammadi locality here on Monday. The repair work on the 500 KW electricity tower has been stopped when unidentified per
The Initial Public Offering (IPO) of Pakistan's first Shariah-compliant capital protected fund--'Meezan Capital Protected Fund-I' (MCPF-I)--commenced from Monday, May 19, 2008. The offer will continue till Wednesday, May 21, 2008.
The Initial Public Offering (IPO) of Pakistan's first Shariah-compliant capital protected fund--'Meezan Capital Protected Fund-I' (MCPF-I)--commenced from Monday, May 19, 2008. The offer will continue till Wednesday, May 21, 2008.
20 percent of Badin population were found Hepatitis C positive during screening of blood samples, the EDO Health Badin, Dr Abdus Sattar Channa revealed this during a reception held in his honour on Sunday.
A seminar on "Issues relating to Withholding Tax under the Income Tax Ordinance, 2001" held at Regional Tax Office on Monday. The Income Tax Bar Association (ITBA), Karachi, organised the seminar that was widely attended by the tax consultants, lawyers an
The Sialkot-based manufacturers-cum-exporters have demanded tax holiday for five years to establish dyeing, weaving and processing units to increase value-added exports to $500 million from $250 million annually. They said on Monday that the government sh
World Hepatitis Day observed on Monday (19 May) and marks a brand new, entirely patient-led initiative. The day has been launched in response to the concern that chronic viral hepatitis has nowhere near the level of awareness, the political will to tackle
The Minister for Information and Broadcasting, Women Development and Health Ms Sherry Rehman met her Chinese counterpart Chen Zhu. The minister expressed sympathies over the loss of precious lives in devastating earthquake which struck China last week.
The Pakistan Credit Rating Agency (Pacra) has assigned the Insurance Financial Strength (IFS) rating of "A-" (single A minus) to Alfalah Insurance Company Limited (AFIC). The rating denotes a strong capacity to meet policyholder and contract obligations.
The Pakistan Credit Rating Agency (Pacra) has assigned the Insurance Financial Strength (IFS) rating of "A-" (single A minus) to Alfalah Insurance Company Limited (AFIC). The rating denotes a strong capacity to meet policyholder and contract obligations.
The enraged Karachiites on Monday as well tried to burn two alleged street criminals in Orangi Town area but the police foil the bid, said police officials.
President Pakistan Muslim League-Q, Chaudhry Shujaat Hussain has accepted Mian Manzoor Wattoo's resignation from the party membership. Former chief minister of Punjab, Manzoor Wattoo on Monday called on him at the residence of Chaudhry Shujaat in Lahore a
The Consulate-General of Malaysia has clarified that the Consul-General of Malaysia during a meeting with Karachi Chamber of Commerce and Industry last Thursday had mentioned that Malaysia was planning to open a trade office in Pakistan in the near future
Punjab Minister for Agriculture, Ahmad Ali Aulakh, has asked the agricultural experts to come forward with their suggestions, which could be helpful to upgrade and modernise agricultural sector to meet present requirements to achieve self-sufficiency in t
The country would be deprived of its poultry stock if wheat, the basic ingredient of poultry feed, would remain out of their reach due to ban on its purchase from farm and open market.
Pakistan Muslim League (Q) MNA Marvi Memon has expressed concern that only a few days have been left in presenting the 2008-09 budget in the National Assembly, but there is no full-time minister to look after financial issues.
The Securities and Exchange Commission of Pakistan (SECP) has taken action against three illegal brokerage houses and fake members of stock exchanges during 2007. It is learnt on Monday that the SECP received a total of seven complaints against illegal br
At least two workers of a cosmetic company were killed and three others sustained injuries after their vehicle came under fire here Monday, police said. According to reports, a shift of the factory was being taken to Karachi through a bus when it came und
Sindh Minister for Industry and Trade, Abdul Rauf Siddiqui has assured business community that the government will allot 10 acres of land for establishing SM Munir Economic University.
Mealy bug disease in citrus fruit plants has been detected in Toba Tek Singh district. Fruit & Vegetable Deputy Director Dr Shafiq Muhammad said that the department had received a complaint from a farmer of Chak 403 JB and he immediately called Research E
US Ambassador, Ms Anne W. Patterson called on Minister for Finance, Syed Naveed Qamar here on Monday. The Ambassador congratulated the minister on assuming new and additional portfolio as Finance Minister, stating that the Finance Minister's crucial assig
Nato has reinforced troops along the Afghan border anticipating peace deals between Pakistan and the Taliban will allow the insurgents to launch more attacks into Afghanistan, Nato's commander in Afghanistan said.
Nato has reinforced troops along the Afghan border anticipating peace deals between Pakistan and the Taliban will allow the insurgents to launch more attacks into Afghanistan, Nato's commander in Afghanistan said.
Former AJK Prime Minister Barrister Sultan Mehmood Chaudhry on Monday strongly criticised India for deployment of additional troops on the Line of Control (LoC) two days before visit of its foreign minister to Pakistan for dialogue on Kashmir.
Microsoft Corp said on Sunday it proposed an alternative deal to Yahoo Inc rather than a full acquisition, but the move was unlikely to win favour with financier Carl Icahn, a person familiar with his thinking said.