AIRLINK 136.59 Increased By ▲ 9.32 (7.32%)
BOP 9.12 Increased By ▲ 0.44 (5.07%)
CNERGY 6.42 Increased By ▲ 0.70 (12.24%)
CPHL 64.66 Decreased By ▼ -2.44 (-3.64%)
FCCL 41.55 Increased By ▲ 1.69 (4.24%)
FFL 13.04 Increased By ▲ 0.83 (6.8%)
FLYNG 33.77 Increased By ▲ 2.37 (7.55%)
HUBC 125.77 Increased By ▲ 6.77 (5.69%)
HUMNL 11.40 Decreased By ▼ -0.04 (-0.35%)
KEL 4.01 Increased By ▲ 0.09 (2.3%)
KOSM 3.99 Increased By ▲ 0.05 (1.27%)
MLCF 63.32 Increased By ▲ 2.45 (4.02%)
OGDC 184.55 Increased By ▲ 5.16 (2.88%)
PACE 4.42 Increased By ▲ 0.43 (10.78%)
PAEL 40.22 Increased By ▲ 3.21 (8.67%)
PIAHCLA 12.23 Decreased By ▼ -1.35 (-9.94%)
PIBTL 7.62 Increased By ▲ 0.52 (7.32%)
POWER 13.87 Increased By ▲ 0.46 (3.43%)
PPL 138.86 Increased By ▲ 6.95 (5.27%)
PRL 24.56 Increased By ▲ 0.30 (1.24%)
PTC 17.54 Increased By ▲ 0.11 (0.63%)
SEARL 68.24 Increased By ▲ 1.59 (2.39%)
SSGC 27.69 Decreased By ▼ -1.53 (-5.24%)
SYM 12.68 Increased By ▲ 0.51 (4.19%)
TELE 5.94 Increased By ▲ 0.34 (6.07%)
TPLP 7.00 Increased By ▲ 0.25 (3.7%)
TRG 56.27 Increased By ▲ 3.14 (5.91%)
WAVESAPP 7.94 Increased By ▲ 0.20 (2.58%)
WTL 1.16 Increased By ▲ 0.06 (5.45%)
YOUW 3.21 Increased By ▲ 0.12 (3.88%)
AIRLINK 136.59 Increased By ▲ 9.32 (7.32%)
BOP 9.12 Increased By ▲ 0.44 (5.07%)
CNERGY 6.42 Increased By ▲ 0.70 (12.24%)
CPHL 64.66 Decreased By ▼ -2.44 (-3.64%)
FCCL 41.55 Increased By ▲ 1.69 (4.24%)
FFL 13.04 Increased By ▲ 0.83 (6.8%)
FLYNG 33.77 Increased By ▲ 2.37 (7.55%)
HUBC 125.77 Increased By ▲ 6.77 (5.69%)
HUMNL 11.40 Decreased By ▼ -0.04 (-0.35%)
KEL 4.01 Increased By ▲ 0.09 (2.3%)
KOSM 3.99 Increased By ▲ 0.05 (1.27%)
MLCF 63.32 Increased By ▲ 2.45 (4.02%)
OGDC 184.55 Increased By ▲ 5.16 (2.88%)
PACE 4.42 Increased By ▲ 0.43 (10.78%)
PAEL 40.22 Increased By ▲ 3.21 (8.67%)
PIAHCLA 12.23 Decreased By ▼ -1.35 (-9.94%)
PIBTL 7.62 Increased By ▲ 0.52 (7.32%)
POWER 13.87 Increased By ▲ 0.46 (3.43%)
PPL 138.86 Increased By ▲ 6.95 (5.27%)
PRL 24.56 Increased By ▲ 0.30 (1.24%)
PTC 17.54 Increased By ▲ 0.11 (0.63%)
SEARL 68.24 Increased By ▲ 1.59 (2.39%)
SSGC 27.69 Decreased By ▼ -1.53 (-5.24%)
SYM 12.68 Increased By ▲ 0.51 (4.19%)
TELE 5.94 Increased By ▲ 0.34 (6.07%)
TPLP 7.00 Increased By ▲ 0.25 (3.7%)
TRG 56.27 Increased By ▲ 3.14 (5.91%)
WAVESAPP 7.94 Increased By ▲ 0.20 (2.58%)
WTL 1.16 Increased By ▲ 0.06 (5.45%)
YOUW 3.21 Increased By ▲ 0.12 (3.88%)
BR100 11,241 Increased By 384.8 (3.54%)
BR30 32,134 Increased By 1400.2 (4.56%)
KSE100 107,175 Increased By 3647.8 (3.52%)
KSE30 32,648 Increased By 1170 (3.72%)
Print - 2008-07-01
Message from Chairman Senate

Message from Chairman Senate

I am immensely pleased to know that the State Bank of Pakistan, which was inaugurated by the Father of the Nation in 1948, has completed 60 years of its existence. This is indeed a great milestone achieved by this great institution. During all these years
Published 01 Jul, 2008 12:00am
Plastic mouldings mixed on Jodia Bazaar

Plastic mouldings mixed on Jodia Bazaar

The trading on plastic moulding compounds closed mixed on Jodia Bazaar here on Monday. The following variations were noted.
Published 01 Jul, 2008 12:00am
Rs 990 billion revenue target achieved

Rs 990 billion revenue target achieved

The provisional revenue collection is likely to exceed Rs 1 trillion in 2007-08 against the revised target of Rs 990 billion, as the Federal Board of Revenue (FBR) touched the figure of nearly Rs 990 billion by the end of June, reflecting extraordinary pe
Published 01 Jul, 2008 12:00am
US HRW wheat values mostly steady

US HRW wheat values mostly steady

US Plains hard red winter wheat basis values were mostly steady on Monday with harvesting in key producer Kansas accelerating amid a turn to drier weather. US Wheat Associates reported harvesting throughout Kansas, the top US wheat-growing state, with tes
Published 01 Jul, 2008 12:00am
Rs 990 billion revenue target achieved

Rs 990 billion revenue target achieved

The provisional revenue collection is likely to exceed Rs 1 trillion in 2007-08 against the revised target of Rs 990 billion, as the Federal Board of Revenue (FBR) touched the figure of nearly Rs 990 billion by the end of June, reflecting extraordinary pe
Published 01 Jul, 2008 12:00am
Rs 990 billion revenue target achieved

Rs 990 billion revenue target achieved

The provisional revenue collection is likely to exceed Rs 1 trillion in 2007-08 against the revised target of Rs 990 billion, as the Federal Board of Revenue (FBR) touched the figure of nearly Rs 990 billion by the end of June, reflecting extraordinary pe
Published 01 Jul, 2008 12:00am
The Father of the Nation spells out the role of State Bank of Pakistan

The Father of the Nation spells out the role of State Bank of Pakistan

Mr Governor, Directors of State Bank, Ladies and Gentlemen. The opening of the State Bank of Pakistan symbolizes the sovereignty of our State in the financial sphere and I am very glad to be here today to perform the opening ceremony. It was not considere
Published 01 Jul, 2008 12:00am
Price differential claims: government pays PSO, Shell Rs 72 billion

Price differential claims: government pays PSO, Shell Rs 72 billion

The government has paid Rs 72 billion to Pakistan State Oil and Shell as price differential claims (PDCs). PSO got major share of Rs 62 billion while Shell received Rs 10 billion. Sources said PSO paid back Rs 42 billion to banks and Rs 20 billion to refi
Published 01 Jul, 2008 12:00am
Message from President of Pakistan

Message from President of Pakistan

It gives me great pleasure to extend my felicitations on the 60th anniversary of the State Bank of Pakistan (SBP). After carving out an independent homeland for the Muslims of the Subcontinent, it was felt necessary to continue on the path of freedom.
Published 01 Jul, 2008 12:00am
Price differential claims: government pays PSO, Shell Rs 72 billion

Price differential claims: government pays PSO, Shell Rs 72 billion

The government has paid Rs 72 billion to Pakistan State Oil and Shell as price differential claims (PDCs). PSO got major share of Rs 62 billion while Shell received Rs 10 billion. Sources said PSO paid back Rs 42 billion to banks and Rs 20 billion to refi
Published 01 Jul, 2008 12:00am
Message from Prime Minister of Pakistan

Message from Prime Minister of Pakistan

It is a matter of great pride & satisfaction for all of us that today the State Bank of Pakistan is completing 60 years of its dedicated and selfless service to the nation. Central banks all over the world perform extremely important function of price sta
Published 01 Jul, 2008 12:00am
Price differential claims: government pays PSO, Shell Rs 72 billion

Price differential claims: government pays PSO, Shell Rs 72 billion

The government has paid Rs 72 billion to Pakistan State Oil and Shell as price differential claims (PDCs). PSO got major share of Rs 62 billion while Shell received Rs 10 billion. Sources said PSO paid back Rs 42 billion to banks and Rs 20 billion to refi
Published 01 Jul, 2008 12:00am
IPI project to be finalised soon: Ahmadinejad

IPI project to be finalised soon: Ahmadinejad

Iranian President Mahmoud Ahmadinejad has said Iran-Pakistan-India (IPI) gas pipeline project would be finalised very soon. Iranian president stated this during a meeting with Federal Minister for Finance Syed Naveed Qamar in Tehran Monday.
Published 01 Jul, 2008 12:00am
Message from Speaker, National Assembly

Message from Speaker, National Assembly

I congratulate the State Bank of Pakistan on the completion of 60 years of its service to the nation. During this period the SBP has been transformed as an effective institution of the country. The SBP's supervisory role in developing a liberalised, compe
Published 01 Jul, 2008 12:00am
KSE-100 index declines by 10.77 percent in fiscal year 2008

KSE-100 index declines by 10.77 percent in fiscal year 2008

The Karachi share market, after witnessing a bull run for six consecutive years (FY02-FY07), posted a negative annual return in the outgoing fiscal year as the benchmark KSE-100 index declined by 10.77 percent or 1483.43 points in the fiscal year 2007-08
Published 01 Jul, 2008 12:00am
Message from Federal Minister for Finance

Message from Federal Minister for Finance

I offer my warmest congratulation on the 60th anniversary of the State bank of Pakistan. The Bank deserves applause for the prudent and shrewd management of the monetary sector of the country and for erecting a well-founded design of the existing domestic
Published 01 Jul, 2008 12:00am
KSE issues discussed

KSE issues discussed

A meeting between officials of the Securities and Exchange Commission of Pakistan (SECP) and Karachi Stock Exchange (KSE) was held here on Monday. SECP Chairman Razi-ur-Rehman chaired the meeting. Sources told Business Recorder that various issues
Published 01 Jul, 2008 12:00am
The First Governor shares his vision of the challenges ahead

The First Governor shares his vision of the challenges ahead

I wish first to say on behalf of myself and the Directors of the State Bank how deeply we appreciate the honour which Quaid-i-Azam has done us by granting our request to him to perform the opening ceremony of the State Bank of Pakistan today. When we conv
Published 01 Jul, 2008 12:00am
CFS rate for July

CFS rate for July

The Karachi Stock Exchange (KSE) has announced that maximum CFS premium rate will be allowed up to 23.63 percent for the month of July 2008. In a notice issued here on Monday, the KSE said that as per clause 3(9) of Continuous Funding System Regulations,
Published 01 Jul, 2008 12:00am
'China's inflation pressures still large'

'China's inflation pressures still large'

China is still facing huge inflationary pressure, in part because expectations of rising prices remain firmly entrenched, a statistics official was reported as saying on Monday.
Published 01 Jul, 2008 12:00am
PIA increases Umra fare up to Rs 15,000

PIA increases Umra fare up to Rs 15,000

Pakistan International Airlines (PIA) has increased Umra fares up to Rs 15,000 with effect from Tuesday July 01. According to a private TV channel, the Umra fare would be now fixed at Rs 53,061 from Rs 38,200. It may be mentioned that about one week ago P
Published 01 Jul, 2008 12:00am
State Bank becomes autonomous

State Bank becomes autonomous

This is an abridgement of Chapter 11 of Volume IV of the History of State Bank of Pakistan, authored by Mr M. Ashraf Janjua, Former Dy. Governor SBP, attempted for Business Recorder by Chaudhry Rashid A. Javed of AAJ TV to remind the readers
Published 01 Jul, 2008 12:00am
Bara missile attack kills seven

Bara missile attack kills seven

At least seven people were killed and nine others injured in a missile attack on the headquarters of a banned outfit in Tehsil Bara of Khyber Agency, where an operation against what the security forces called 'offensive against miscreants' was under way.
Published 01 Jul, 2008 12:00am
India's May oil product sales up on year

India's May oil product sales up on year

India's domestic oil product sales rose 4.1 percent in May from a year earlier, the slowest pace of growth in 2008, as sales of transport fuels surged but costly fuel oil and naphtha declined sharply. Sales of diesel rose 16.6 percent, while petrol rose 1
Published 01 Jul, 2008 12:00am
Thai rubber shipments to resume

Thai rubber shipments to resume

Thailand is expected to deliver 1,000 tonnes of RSS3 rubber early in July after a 2-week delay caused by heavy rains, exporters and traders said on Monday. Some exporters had struggled to find supply in southern Thailand, where monsoon rains have lashed a
Published 01 Jul, 2008 12:00am
Asian coffee: Vietnam looks for buyers, Sumatra crop near peak

Asian coffee: Vietnam looks for buyers, Sumatra crop near peak

Vietnam, the world's largest robusta coffee producer, is looking for buyers with supplies expected to remain ample until the next harvest starts in late October, dealers said on Monday. In second-largest producer Indonesia, the crop should peak in July in
Published 01 Jul, 2008 12:00am
Tocom rubber lower

Tocom rubber lower

Tokyo rubber futures fell 2.7 percent to a one-week low on Monday on heavy stop-loss selling triggered by a stronger yen which pushed prices below the key support level of 350 yen. The benchmark December rubber contract on the Tokyo Commodity Exchange fel
Published 01 Jul, 2008 12:00am
Asian physical rubber

Asian physical rubber

Asian physical rubber prices were quoted mostly higher on Monday, supported by tight supply that helped to offset falls in futures contract prices on the Tokyo Commodity Exchange. Traders said physical prices were expected to remain firm this week due to
Published 01 Jul, 2008 12:00am
Russian grain prices weaken ahead of new crop year

Russian grain prices weaken ahead of new crop year

Russian domestic grain prices declined further last week, with few deals struck on the eve of the new crop year, but export prices were stable, analysts said. "In general, the market remains very thin, as traders are mixed between potential fund activitie
Published 01 Jul, 2008 12:00am
US corn firm on fears of crop damage from floods

US corn firm on fears of crop damage from floods

US corn futures were firm on Monday on concerns that the worst US Midwest flooding in 15 years has caused massive crop losses, while wheat and soybeans were also steady to higher.
Published 01 Jul, 2008 12:00am
Oil rises for third day in Asia

Oil rises for third day in Asia

Oil prices rose on Monday spurred by brewing Middle East tensions, climbing near Friday's record high $142.99 a barrel and weighing on Asian stocks, which posted their worst first-half performance in 16 years. European stocks were expected to open lower a
Published 01 Jul, 2008 12:00am
No plans to hike fuel prices this year: Indonesia

No plans to hike fuel prices this year: Indonesia

Indonesia has no plans to raise subsidised fuel prices again this year despite soaring global crude oil prices, the energy minister said on Monday. Indonesia increased fuel prices in May due to ballooning subsidies on the back of soaring global oil prices
Published 01 Jul, 2008 12:00am
Malaysian tin rises

Malaysian tin rises

Malaysian tin rose 1.3 percent on Monday after gains on the London Metal Exchange encouraged foreign buying in the local market, one dealer said.
Published 01 Jul, 2008 12:00am
Bara missile attack kills seven

Bara missile attack kills seven

At least seven people were killed and nine others injured in a missile attack on the headquarters of a banned outfit in Tehsil Bara of Khyber Agency, where an operation against what the security forces called 'offensive against miscreants' was under way.
Published 01 Jul, 2008 12:00am
Gold ends steady near one-month high

Gold ends steady near one-month high

Gold steadied on Monday after investors pushed up the price to its highest level in a month last week, but record oil and a weaker US dollar may spur another round of buying. Platinum gave up early gains, silver held near a 1-week high while palladium dro
Published 01 Jul, 2008 12:00am
Malaysian palm oil down

Malaysian palm oil down

Malaysian crude palm oil futures closed lower on Monday on swelling domestic stocks as exports slowed, traders said. The benchmark September contract on the Bursa Malaysia Derivatives Exchange fell 25 ringgit to close at 3,598 ringgit ($1,102) a tonne.
Published 01 Jul, 2008 12:00am
Shanghai copper gain; Peru strike starts

Shanghai copper gain; Peru strike starts

Shanghai copper prices rose nearly 2 percent on Monday and London futures were trading around 3.5 percent short of record highs, and could hit new peaks on a strike in Peru, the world's second-largest copper miner. Peru's largest federation of mining unio
Published 01 Jul, 2008 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including the public debt offices, will remain closed for public dealing Tuesday, as 1st July 2008 has been declared as a bank holiday. All banks/DFIs will therefore, remain c
Published 01 Jul, 2008 12:00am
Asian naphtha prices drift lower

Asian naphtha prices drift lower

Asian naphtha prices edged down from record highs on Monday, alongside crack spreads as news of Asia's top ethylene maker unexpectedly shutting a cracker weighed on sentiment. Japan open-spec prices for first-half August eased by $1.00 to $1,229.00 a tonn
Published 01 Jul, 2008 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including the public debt offices, will remain closed for public dealing Tuesday, as 1st July 2008 has been declared as a bank holiday. All banks/DFIs will therefore, remain c
Published 01 Jul, 2008 12:00am
Indian sugar futures up

Indian sugar futures up

Indian sugar futures climbed on Monday as crude oil headed towards a record $143 a barrel, triggering hopes for more demand for cane-based biofuel ethanol. Traders said the oil rally sparked hectic short-covering after sugar prices had fallen nearly 2 per
Published 01 Jul, 2008 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan and all offices of SBP Banking Services Corporation, including the public debt offices, will remain closed for public dealing Tuesday, as 1st July 2008 has been declared as a bank holiday. All banks/DFIs will therefore, remain c
Published 01 Jul, 2008 12:00am
Sugar, gur rates up in modest trading on grain market

Sugar, gur rates up in modest trading on grain market

Modest trading was seen on the grain market at the last session of the fiscal year, dealers said. Sugar best type gained Rs 50 to Rs 2850 while low quality maintained its weekend level in process of laclustre trading, dealers said. Gur good type was highe
Published 01 Jul, 2008 12:00am
CIF Gulf corn and soya steady

CIF Gulf corn and soya steady

US Gulf CIF soyabean and corn barge basis values held mostly steady on Monday morning, following a bearish acreage report from the US Agriculture Department, traders said. St. Louis harbour closed to barge traffic due to flooding. Upper Mississippi locks
Published 01 Jul, 2008 12:00am
Rains in Punjab may hinder phutti arrival

Rains in Punjab may hinder phutti arrival

Rains in cotton-belt in Punjab may cause problems in phutti transportation in the short run and also help in stabilising the prices , dealers said at the cotton market on Monday. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs
Published 01 Jul, 2008 12:00am
US MIDDAY: corn down

US MIDDAY: corn down

July corn was down 31-3/4 cents at $7.23 per bushel; new-crop December was down 30 cents at $7.57. Bearish reaction to USDA's June acreage and quarterly stocks report. Most nearby contracts fell 30-cent limit; no limit in front-month July. Some US Midwest
Published 01 Jul, 2008 12:00am
RTO collects record Rs 104.9 billion during fiscal year 2007-08

RTO collects record Rs 104.9 billion during fiscal year 2007-08

The Regional Tax Office (RTO) has broken all the previous records in collection of taxes as Rs 104.9bn were collected during fiscal year 2007-08 by surpassing Rs 86.1 billion collection mark of the last fiscal year 2006-07. Sources told Business Record
Published 01 Jul, 2008 12:00am
Speakers call for energy efficiency management

Speakers call for energy efficiency management

The Renewable Energy Capacity Building and Match Making project is aimed at forging joint ventures between European and Pakistani companies to exploit alternate sources for meeting future demands of energy.
Published 01 Jul, 2008 12:00am
Pervaiz discusses current political situation with President

Pervaiz discusses current political situation with President

Opposition leader in the National Assembly Pervaiz Elahi on Monday called on President Pervez Musharraf at the presidential camp office Rawalpindi and discussed the prevailing political situation. Sources said that the two leaders discussed the ongoing po
Published 01 Jul, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Monday (June 30, 2008) and for Tuesday (July 01, 2008).
Published 01 Jul, 2008 12:00am
Villagers protest against police behaviour

Villagers protest against police behaviour

The villagers of Chak No 128, Thathian on Monday organised a protest rally from Chiniot to Faisalabad against the unrestrained behaviour of the Chiniot Police. Business Recorder witnessed that the demonstrators were carrying placards and shouting s
Published 01 Jul, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 30, 2008).

Published 01 Jul, 2008 12:00am
Seven labourers booked for hooliganism

Seven labourers booked for hooliganism

Several labourers of Sugar Mills Colony were booked by the Chhumb Kalan Police for allegedly ransacking the offices of the mills on Sunday night. Deputy Admin Officer of the mills, Lieutenant Colonel Syed Farhat Abbas (Retd), reporting to the police alleg
Published 01 Jul, 2008 12:00am
Pakistan needs desires to strengthen ties with US: Gilani

Pakistan needs desires to strengthen ties with US: Gilani

Prime Minister Syed Yousuf Raza Gilani on Monday said Pakistan needs help and assistance from the United States to rebuild its economy and wants to strengthen the bilateralties. Talking to a US Congressional delegation here at the Prime Minister House, he
Published 01 Jul, 2008 12:00am
PBC decides to continue lawyers' movement

PBC decides to continue lawyers' movement

The Pakistan Bar Council (PBC)'s ex-vice chairman Mirza Aziz Akbar Baig said that PBC has decided to continue the lawyers' movement for reinstatement of the sacked judges. Soon after his arrival from Lahore after attending a meeting, which was attended by
Published 01 Jul, 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 01 Jul, 2008 12:00am
Nine killed as jeep plunges into deep ravine

Nine killed as jeep plunges into deep ravine

At least nine people were killed and two others injured when a Barrian-bound passenger jeep plunged into a deep ravine near Danna on Monday morning. According to Police, the jeep carrying 13 passengers was heading towards Barrian from Pluck village of Gal
Published 01 Jul, 2008 12:00am
The Weather

The Weather

The weather report on Monday (June 30, 2008) and the forecast for Tuesday (July 01, 2008).
Published 01 Jul, 2008 12:00am
Over Rs 5.6 billion Sialkot budget presented

Over Rs 5.6 billion Sialkot budget presented

Sialkot District Assembly has passed surplus budget for 2008-09 amounting to more than Rs 5.6 billion unanimously in its meeting held here on Monday. Presenting the budget for next fiscal year, Sialkot district Nazim Muhammad Akmal Cheema said that educat
Published 01 Jul, 2008 12:00am
Over Rs 5.6 billion Sialkot budget presented

Over Rs 5.6 billion Sialkot budget presented

Sialkot District Assembly has passed surplus budget for 2008-09 amounting to more than Rs 5.6 billion unanimously in its meeting held here on Monday. Presenting the budget for next fiscal year, Sialkot district Nazim Muhammad Akmal Cheema said that educat
Published 01 Jul, 2008 12:00am
Refresher course held in Faisalabad

Refresher course held in Faisalabad

The National Commission for Justice and Peace (NCJP), Faisalabad organised a three-day refresher course for human rights activists on 'Human Rights Education and Activists Training-HEAT' at the Centre for Peace and Harmony in Faisalabad.
Published 01 Jul, 2008 12:00am
UAF to start eight new courses

UAF to start eight new courses

The University of Agriculture Faisalabad (UAF) will start another eight courses in collaboration with National Vocational and Technical Education Commission (Navtec) here from August 15.
Published 01 Jul, 2008 12:00am
Salmaan Taseer meets President

Salmaan Taseer meets President

Governor Punjab Salmaan Taseer called on President Pervez Musharraf here on Monday. He briefed the President about various aspects pertaining to the province and discussed the efforts that he had made to alleviate the difficulties being faced by the commo
Published 01 Jul, 2008 12:00am
Government will not allow terrorists to hold the country hostage: Gilani

Government will not allow terrorists to hold the country hostage: Gilani

Prime Minister Syed Yousuf Raza Gilani on Monday said the government would not let miscreants hold the country hostage and would maintain the government's writ at all cost. The government would hold talks with only those, who renounced militancy, he added
Published 01 Jul, 2008 12:00am
Government keen to promote quality education: Prime Minister

Government keen to promote quality education: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Monday said the government is keen to promote quality education in the country and welcomes the opening of schools by the private sector all over the country especially in rural areas.
Published 01 Jul, 2008 12:00am
Rehman briefs Gilani

Rehman briefs Gilani

Prime Minister, Syed Yousaf Raza Gilani, on Monday appreciated the efforts being made by the civilian law enforcement agencies to establish writ of the government in tribal areas and the adjoining areas of Peshawar.
Published 01 Jul, 2008 12:00am
Rehman briefs Gilani

Rehman briefs Gilani

Prime Minister, Syed Yousaf Raza Gilani, on Monday appreciated the efforts being made by the civilian law enforcement agencies to establish writ of the government in tribal areas and the adjoining areas of Peshawar.
Published 01 Jul, 2008 12:00am
Three-day anti-polio drive starts today

Three-day anti-polio drive starts today

A three-day anti-polio campaign will start on Tuesday (today) in 62 special districts of the country to ensure immunisation of children up to five years of age. Elaborating the plan chalked out for immunisation, official sources said mobile paramedical st
Published 01 Jul, 2008 12:00am
38 percent Punjab population smokes cigarettes

38 percent Punjab population smokes cigarettes

Nearly 38 percent of Punjab population smokes cigarettes, or use tobacco in other forms, while tobacco smoke reaching more than 95 percent of the population.
Published 01 Jul, 2008 12:00am
31 percent raise in gas prices termed anti-people act

31 percent raise in gas prices termed anti-people act

Secretary General of Jamaat-i-Islami Pakistan Syed Munawar Hassan has condemned the recent 31 percent increase in the gas prices and termed it "anti-people act" and demanded from the government to take back the increase in the prices of gas.
Published 01 Jul, 2008 12:00am
Senate body reviews report about spurious drugs

Senate body reviews report about spurious drugs

The Sub-Committee of the Senate Standing Committee on Interior, met at the Parliament House under the convenor-ship of Senator, Mohammad Jamal Khan Laghari.
Published 01 Jul, 2008 12:00am
LHC issues notice to LDA

LHC issues notice to LDA

The Lahore High Court (LHC) has issued notice to Lahore Development Authority (LDA) in a petition filed by a PML-Q MPA Maajeda Zaidi seeking directions against the concerned authorities not to impose interest on 102 months instalments (Rs 1,000 per month)
Published 01 Jul, 2008 12:00am
Foreign exchange debacle and the energy crunch

Foreign exchange debacle and the energy crunch

The world is experiencing an economic crisis, which has no precedent in history for its multi-faceted complication. There are so many factors responsible for the situation that it is impossible to pinpoint any particular one as the root-cause, but four fe
Published 01 Jul, 2008 12:00am
Toshiba's brand ambassador to South Asia

Toshiba's brand ambassador to South Asia

Toshiba Singapore Pte. Ltd's Computer Systems Division announced that Ms Vidya Balan, one of India's most renowned and critically acclaimed actresses would be serving as their company's Brand Ambassador to the South Asia region.
Published 01 Jul, 2008 12:00am
Nokia's new devices highlighted

Nokia's new devices highlighted

Nokia on Monday gave an overview and highlighted features of its latest devices likely to be launched later this year in the local markets. At a press briefing held at a local hotel, country manager Nokia Imran Khalid Mehmood and product manager Khuram Pr
Published 01 Jul, 2008 12:00am
Clarification

Clarification

Apropos two items in Business Recorder's June 30, 2008, issue: "Distributors want Ogra, Ministry to monitor LPG prices" and "FPCCI flays fresh LPG price hike", the LPG Association of Pakistan has clarified that contrary to the assertion made in both news
Published 01 Jul, 2008 12:00am
Ban on heavy vehicles movement extended

Ban on heavy vehicles movement extended

Sindh Home Department has notified that imposition of ban on plying of heavy vehicles carrying water and construction materials/du-mpers only on the roads of Karachi City during peak hours for 30 days under section-144 Cr PC the Government of Sindh has ex
Published 01 Jul, 2008 12:00am
Second batch of livestock professionals completes TOT

Second batch of livestock professionals completes TOT

The second group of 20 officers from the Livestock and Dairy Development Department (LDDD), Punjab, completed a six-day training of trainers (TOT) workshop on "Business Plan Development" at the University of Veterinary and Animal Sciences (UVAS), Lahore,
Published 01 Jul, 2008 12:00am
'Latest technology, education vital to stay competitive'

'Latest technology, education vital to stay competitive'

Pakistan with a population of 160 million people has a vibrant economy with growth rate of 7 percent, while majority of people of under-20 years of age makes South Asia as the only largest economic area that will not face a decline in the number of people
Published 01 Jul, 2008 12:00am