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Print - 2008-07-17
'60 people recovered from private jail in Sanghar'

'60 people recovered from private jail in Sanghar'

Senate Standing Committee on Interior Chairman Senator Muhammad Talha Mehmood on Wednesday said the government has decided to launch a massive crackdown against private jails all over the country. "We have traced a private jail in Sanghar area of Sindh pr
Published 17 Jul, 2008 12:00am
Government asked to take steps for bringing women to mainstream

Government asked to take steps for bringing women to mainstream

The Senate Standing Committee on the Women Development urged the government to take effective measures for bringing the women to the mainstream of national life for any meaningful improvement in socio economic and human development.
Published 17 Jul, 2008 12:00am
Government urged to impose ban on maize export

Government urged to impose ban on maize export

Pakistan Poultry Association (PPA) demanded of the government to impose ban on maize export in the up coming Trade Policy, which is going to be unveiled on 18th July. Dr Basher Ahmed Secretary General of Pakistan Poultry Association told Business Recor
Published 17 Jul, 2008 12:00am
'Illegal SIMs helping terrorists, captors in a big way'

'Illegal SIMs helping terrorists, captors in a big way'

Rise in sale of unauthorised SIMs is instrumental in increasing the incidents of kidnapping for ransom and terrorist activities and this will be brought to an end by dealing the people involved in this business with an iron hand, said Senator Muhammad Tal
Published 17 Jul, 2008 12:00am
ICCI hails ECC decision to cut gas tariff for IPPs

ICCI hails ECC decision to cut gas tariff for IPPs

The Economic Co-ordination Committee (ECC) decision to reduce gas tariff for captive power producers from 68 percent to 31 percent will have positive impact on textile sector. This was stated by Islamabad Chamber of Commerce and Industry (ICCI) President
Published 17 Jul, 2008 12:00am
Afghanistan to look into Pakistan nuclear dumping claims

Afghanistan to look into Pakistan nuclear dumping claims

President Hamid Karzai appointed on Wednesday a team of experts to investigate allegations that Pakistan had dumped nuclear waste in southern Afghanistan, his office said. In April, an Afghan minister told the BBC that his government had evidence Pakistan
Published 17 Jul, 2008 12:00am
CCP to hold seminars in Bhurban, Karachi

CCP to hold seminars in Bhurban, Karachi

The Competition Commission of Pakistan (CCP), to improve awareness and understanding of competition laws and their implications, is organising two seminars on 'Importance of the Competition Regime in Modern Business'--in Bhurban on July 28, and in Karachi
Published 17 Jul, 2008 12:00am
Indus Motor holds 15th Kaizen Convention

Indus Motor holds 15th Kaizen Convention

Indus Motor Company (IMC) held its 15th annual Kaizen Convention recently at the Karachi Expo Centre. Dean and Director of the Institute of Business Administration (IBA) and former Governor State Bank of Pakistan, Dr Ishrat Hussain, was invited as a chief
Published 17 Jul, 2008 12:00am
Punjab University vice chancellor visits under construction departments

Punjab University vice chancellor visits under construction departments

Vice Chancellor Punjab University (PU), Professor Dr Mujahid Kamran, has visited the under-construction buildings of Department of Microbiology and Molecular Genetics (MMG), Department of Women Studies and Department of Space Science here at New Campus on
Published 17 Jul, 2008 12:00am
Rural population urged to avail Nadra's free CNICs facilities

Rural population urged to avail Nadra's free CNICs facilities

The rural population should get themselves registered in the National Database and Registration Authority's Nadra (database) for free to avail facilities like the Benazir Food Programme, Health Schemes and other welfare schemes, says a press release.
Published 17 Jul, 2008 12:00am
136,337 heart patients provided treatment at PIC in six months

136,337 heart patients provided treatment at PIC in six months

The Punjab Institute of Cardiology (PIC) has provided state of the art medical facilities and treated more than 136,337 indoor and outdoor heart patients during past six months. PIC Medical Superintendent Dr Riaz Ahmad Chaudhry said that 77 percent patien
Published 17 Jul, 2008 12:00am
'Sher-e-Pakistan Dangal' on July 25

'Sher-e-Pakistan Dangal' on July 25

With a view to promoting local wrestling and for talent hunt, a tournament of "local wrestling" is being arranged on monthly basis while 'Sher-e-Pakistan Dangal' will be held on July 25 at Punjab Stadium Lahore. Punjab Minister for Sports Dr Tanveer-ul-Is
Published 17 Jul, 2008 12:00am
Action against 40 illegal housing societies

Action against 40 illegal housing societies

Punjab Minorities Affairs and Human Rights Minister Kamran Michael has said that the government has carried out operation to retrieve government land and in this regard a committee has been formed that will submit its report within two months. He was talk
Published 17 Jul, 2008 12:00am
Notorious thief held

Notorious thief held

Investigation Police Modal Town division have arrested a notorious thief and seized gold ornaments as well as two motorcycles worth rupees 1.2 million from him. The accused has confessed to committing a number of such kind of crimes during a preliminary i
Published 17 Jul, 2008 12:00am
Research work: LFBA, UVAS agree to collaborate

Research work: LFBA, UVAS agree to collaborate

The Livestock Farmers and Breeders Association (LFBA), Punjab and the University of Veterinary and Animal Sciences (UVAS) Lahore have agreed on collaboration in research work in the livestock sector. An LFBA delegation comprising the association President
Published 17 Jul, 2008 12:00am
Call for strict adherence to traffic rules

Call for strict adherence to traffic rules

Capital City Police Officer (CCPO) Muhammad Pervez Rathore has underlined the need for collective efforts to meet the traffic challenges and strict adherence to the traffic rules.
Published 17 Jul, 2008 12:00am
Muhammad Iqbal Sheikh promoted

Muhammad Iqbal Sheikh promoted

Member Board of Revenue Punjab, Muhammad Iqbal Sheikh, an officer of District Management Group, has been promoted as Secretary to the Government of the Pakistan (BS-22). According to the notification of Establishment Division issued here on Wednesday, on
Published 17 Jul, 2008 12:00am
ACCA holds study excel workshop

ACCA holds study excel workshop

The Association of Certified Chartered Accountants (ACCA) organised 'Study Excel' workshop at the Lahore University of Management Sciences to assist students to prepare their studies for examinations, Chris Welch and William Parrott, experienced and quali
Published 17 Jul, 2008 12:00am
PPP believes in people's power

PPP believes in people's power

Pakistan People's Party (PPP) believes in people's power and has brought the national politics out of drawing rooms to the masses. This was stated by Minister for Population Welfare Punjab Ms Neelam Jabbar Chaudhry here on Wednesday. She said the party wo
Published 17 Jul, 2008 12:00am
PML-Q accused of creating despondency, despair

PML-Q accused of creating despondency, despair

Pakistan Muslim League-Nawaz Central Finance Secretary Muhammad Pervez Malik has said that people are least bothered about the negative propaganda of PML-Q leaders, who are bent upon to create despondency and despair in the country by indulging in rumour-
Published 17 Jul, 2008 12:00am
Hunt calls on minister

Hunt calls on minister

Principal Officer of US Consulate in Lahore, Bryan D Hunt has called on Minister for Prisons Punjab, Chaudhry Abdul Ghafoor Mao, in his office to discuss the matters of mutual interests. On this occasion, the minister told Principal officer that provincia
Published 17 Jul, 2008 12:00am
'Kashmiris ready for every sacrifice to end occupation'

'Kashmiris ready for every sacrifice to end occupation'

Kashmiris unanimously demand end to Indian occupation in the held Valley and for affiliation with Pakistan; while they are ready to sacrifice everything for the cause, Muhammad Sadique, member of AJK Legislative Assembly, said on Wednesday.
Published 17 Jul, 2008 12:00am
US-brokered deal reverses mandate of people: Imran

US-brokered deal reverses mandate of people: Imran

President of Pakistan Tehreek-i-Insaf, Imran Khan, has said that US-brokered deal between Musharraf and Zardari basically reversed the mandate of the people. In an interview with the BBC he said that people of Pakistan wanted the judges back, who were unc
Published 17 Jul, 2008 12:00am
President urges steps to stop deforestation

President urges steps to stop deforestation

The President, Pervez Musharraf has stressed for immediate action to stop damage to the diminishing natural forests in the country. In a message on the commencement of Monsoon Tree Plantation Campaign that started on Thursday, the President said natural f
Published 17 Jul, 2008 12:00am
'No one can attack on sovereignty of Pakistan'

'No one can attack on sovereignty of Pakistan'

Federal Minister for Information and Broadcasting Sherry Rehman has said that no one can attack on sovereignty or writ of Pakistan nor it would allow anyone to do so. Talking to BBC Radio, she reiterated firm stand of the government of Pakistan that no fo
Published 17 Jul, 2008 12:00am
Gilani condemns Karzai's statement

Gilani condemns Karzai's statement

Prime Minister Syed Yousuf Raza Gilani on Wednesday strongly condemned Afghan President Hamid Karzai's statement over Pakistan's alleged involvement in terrorist attacks inside Afghanistan, and said it could hamper development process in the region.
Published 17 Jul, 2008 12:00am
McCain slams Obama statement

McCain slams Obama statement

Hitting out at Democratic presidential contender Barack Obama for his rhetoric on pursuing terrorists on Pakistani territory, Republican candidate John McCain has instead urged strengthening the anti-terror partner and convincing the Pakistanis that the f
Published 17 Jul, 2008 12:00am
PMI seminar on female workforce held

PMI seminar on female workforce held

Pakistan Manpower Institute (PMI) has organised a two-day seminar on "Creating an enabling environment for women labour force participation in Pakistan" here on Wednesday.
Published 17 Jul, 2008 12:00am
'Thar coal should not be given to federal government'

'Thar coal should not be given to federal government'

Members of the Sindh Democratic Forum (SDF) are upset that the federal government has issued a notification to set up the Thar Coal Authority, with the Sindh Chief Minister nominated as the leader. The SDF said that coal is a provincial subject on which t
Published 17 Jul, 2008 12:00am
KSE approves listing of Engro Chemicals

KSE approves listing of Engro Chemicals

The Karachi Stock Exchange (KSE) has approved the application for formal listing and quotation of shares of Engro Polymer & Chemicals Limited on completion of all formalities required under the Listing Regulations of the Exchange.
Published 17 Jul, 2008 12:00am
Income generating, motivational pilot project launched

Income generating, motivational pilot project launched

Dr Parveen Shah, Director Institute of Women Development Studies (IWDS) at the University of Sindh has announced on Tuesday that the Institute has launched a scheme titled "Income Generating and Motivational Pilot Project: Training and Marketing."
Published 17 Jul, 2008 12:00am
BLS, ACLS course at CPSP inaugurated

BLS, ACLS course at CPSP inaugurated

Professor Jan Muhammad, registrar, College of Physicians and Surgeons Pakistan (CPSP), inaugurated a three-day Basic Life Support (BLS) and Advanced Cardiac Life Support (ACLS) course on providing treatments to victims of sudden cardiac arrests at CPSP on
Published 17 Jul, 2008 12:00am
Tribute paid to Qasmi

Tribute paid to Qasmi

Ahmad Nadeem Qasmi was an outstanding man of letters and columnist. He wrote for newspapers had profound influence on events of his country. This was the view of a number of literati, who gathered at the Pakistan Academy of Letters (PAL) to pay homage on
Published 17 Jul, 2008 12:00am
Democracy festival in September

Democracy festival in September

The Centre for Civic Education Pakistan has planned to hold democracy festival in September to celebrate the World Democracy Day. The event, spokesperson of the centre said on Wednesday, would also include essay writing contest for students across the cou
Published 17 Jul, 2008 12:00am
Mumtaz Burney appointed as DIG Prisons

Mumtaz Burney appointed as DIG Prisons

Mumtaz Ahmed Burney, a senior police officer, awaiting posting, has been appointed as DIG Prisons, it was officially notified here on Wednesday.
Published 17 Jul, 2008 12:00am
Transfers and postings of 68 police officials okayed

Transfers and postings of 68 police officials okayed

Regional Police Officer (RPO), Rawalpindi, has approved the transfers and postings of 68 police officials of the region, and issued the order of the inter-district transfers, besides reinstating some officials after hearing their appeals.
Published 17 Jul, 2008 12:00am
The Weather

The Weather

The weather report on Wednesday (July 16, 2008) and the forecast for Thursday (July 17, 2008).

Published 17 Jul, 2008 12:00am
Dengue virus case confirmed in capital

Dengue virus case confirmed in capital

The National Institute of Health (NIH) here on Wednesday confirmed one case positive for Dengue virus in the Capital, Business Recorder learnt. According to hospital sources, Jannat Khan was brought to the Polyclinic Hospital a few days back. He wa
Published 17 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 17 Jul, 2008 12:00am
Prospects of promoting alternative energy discussed

Prospects of promoting alternative energy discussed

There is an urgent need for tapping the potential of alternative energy in Pakistan particularly and South Asia region in general because of acute shortage of energy crisis.
Published 17 Jul, 2008 12:00am
Gwadar Port operations: PSAI interested in handling captive cargo

Gwadar Port operations: PSAI interested in handling captive cargo

While Islamabad has attached a transshipment based geo-strategic significance to Gwadar Port its foreign operator, Port of Singapore Authority International (PSAI), seems more interested in handling the captive cargo than becoming a regional trade hub.
Published 17 Jul, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (July 16, 2008).

Published 17 Jul, 2008 12:00am
Air travellers, beware of pickpockets

Air travellers, beware of pickpockets

Air travellers should beware of pickpockets who are now active on domestic routes. According to Civil Aviation Authority (CAA), members of a group of pickpockets have been travelling back and forth on domestic flights, stealing money and other valuables l
Published 17 Jul, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (July 16, 2008).

Published 17 Jul, 2008 12:00am
SECP and KSE decide to launch Fund

SECP and KSE decide to launch Fund

The Securities and Exchange Commission of Pakistan (SECP) and the Karachi Stock Exchange (KSE), in a meeting held here on Wednesday, decided to launch Equity Market Opportunity Fund (EMOF) with an initial sum of Rs 10 billion instead of Rs 50 billion. It
Published 17 Jul, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (July 17, 2008).

Published 17 Jul, 2008 12:00am
SECP and KSE decide to launch Fund

SECP and KSE decide to launch Fund

The Securities and Exchange Commission of Pakistan (SECP) and the Karachi Stock Exchange (KSE), in a meeting held here on Wednesday, decided to launch Equity Market Opportunity Fund (EMOF) with an initial sum of Rs 10 billion instead of Rs 50 billion. It
Published 17 Jul, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (July 17, 2008).

Published 17 Jul, 2008 12:00am
'No curbs on UK nationals to travel to Pakistan'

'No curbs on UK nationals to travel to Pakistan'

British Deputy High Commissioner Robert Gibson has informed the business community that Britain has neither issued a travel advice nor imposed any restrictions on the British nationals travelling to Pakistan. Speaking at a meeting of Korangi Association o
Published 17 Jul, 2008 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, (July 17, 2008).

Published 17 Jul, 2008 12:00am
Nip to induct fresh batch of unemployed post-graduates

Nip to induct fresh batch of unemployed post-graduates

The National Internship Programme (Nip) would induct the fresh batch of unemployed post-graduates in the first week of August, reliable sources informed Business Recorder on Wednesday.
Published 17 Jul, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 16, 2008).

Published 17 Jul, 2008 12:00am
Greenstar launches maternal voucher scheme

Greenstar launches maternal voucher scheme

Greenstar Social Marketing Pakistan is a partner in the USAID funded Pakistan Initiative for Mothers and New-borns (PAIMAN). Working with the private health care providers, Greenstar is focusing to improve maternal and new-born health services by giving t
Published 17 Jul, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (July 16, 2008) and for Wednesday (July 16, 2008).
Published 17 Jul, 2008 12:00am
Curfew in Hangu

Curfew in Hangu

"Curfew has been clamped down in Hangu district on Wednesday, reports said. The security forces have launched an operation in Zargari against the miscreants. Relief Camps have been set up at the primary and Boys High School in the Baktu area. Local tribes
Published 17 Jul, 2008 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 16, 2008).

Published 17 Jul, 2008 12:00am
GAVI to contribute $60 million Rotavirus vaccines to Pakistan

GAVI to contribute $60 million Rotavirus vaccines to Pakistan

The Global Alliance for Vaccine Immunisation (GAVI) will contribute $60 million worth of Rotavirus vaccines to Pakistan for the expanded Immunisation Diarrhoea Control Programme. Diarrhoea is recognised world-wide as the No 1 cause of hospitalisation and
Published 17 Jul, 2008 12:00am
'Ministry embarking on national plan to curb smoking'

'Ministry embarking on national plan to curb smoking'

The health ministry is embarking on a robust National Program to reduce the smoking habits, in this regard a PC-I of Rs 34 billion is under submission. This was announced by Shaheen Masud, director general, Implementation Tobacco Control Program, while ad
Published 17 Jul, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 16, 2008).

Published 17 Jul, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 16, 2008).

Published 17 Jul, 2008 12:00am
Altaf offers unconditional support to government

Altaf offers unconditional support to government

MQM chief Altaf Hussain has stated that the country is facing with critical situation, our nuclear assets are at risk, therefore, we must refrain from issuing provocative statements against foreign powers so as not to provide them with justification to ca
Published 17 Jul, 2008 12:00am
Ibad becomes Sindh's longest serving governor

Ibad becomes Sindh's longest serving governor

Governor Sindh, Dr Ishrat-ul-Ibad Khan on Wednesday earned the distinction of becoming Sindh's longest serving Governor. He had the honour of being Sindh's youngest ever Governor when he took oath of the office on December 27, 2002 as 30th Governor.
Published 17 Jul, 2008 12:00am
Rahman Malik, Smith discuss security issues

Rahman Malik, Smith discuss security issues

The visiting Pakistan Advisor on Interior Rahman Malik and his British counterpart Jacqui Smith discussed issues relating to bilateral ties particularly co-operation in countering terrorism and radicalisation. The meeting which lasted 45 minutes, also foc
Published 17 Jul, 2008 12:00am
THE RUPEE: dollar soars

THE RUPEE: dollar soars

Uncertainties over the political and economic fronts pushed the rupee down against dollar on the interbank market on Wednesday, shedding 70 paisa versus the dollar for buying at 71.00 and it also lost 65 paisa for selling at 71.05, dealers said.
Published 17 Jul, 2008 12:00am
Mineral oil to be imported from Egypt to tackle mealy bug

Mineral oil to be imported from Egypt to tackle mealy bug

Pakistan will require about 3000 tons mineral oil to tackle the looming mealy bug threat to cotton crop. The government is planning to meet its requirement through import from Egypt, it is learnt.
Published 17 Jul, 2008 12:00am
THE RUPEE: dollar soars

THE RUPEE: dollar soars

Uncertainties over the political and economic fronts pushed the rupee down against dollar on the interbank market on Wednesday, shedding 70 paisa versus the dollar for buying at 71.00 and it also lost 65 paisa for selling at 71.05, dealers said.
Published 17 Jul, 2008 12:00am
Pakistanis keen on Dubai shopping festival

Pakistanis keen on Dubai shopping festival

Pakistan has emerged as one of top markets for Emirates' special Dubai Summer Surprises (DSS) packages sold across the global network. According to Emirate's vice-president, Pakistani travellers have shown preference to visit Dubai during the shopping fes
Published 17 Jul, 2008 12:00am
German diplomats briefed on Eye Bank Society role

German diplomats briefed on Eye Bank Society role

Ms Gudrun Haider, Commercial Counsellor, and Shazia Sheikh, Trade Advisor, Consulate-General of Germany, visited Pakistan Eye Bank Society. Qazi Sajid Ali, General Secretary, Pakistan Eye Bank Society, apprised them about the various services of the hospi
Published 17 Jul, 2008 12:00am
Atlas Asset management announces payouts

Atlas Asset management announces payouts

The Board of Directors of Atlas Asset Management Limited, an Atlas Group Company, announced the payouts for its open ended mutual funds for the year ended June 30, 2008 in its meeting held on July 4, 2008. Atlas Income Fund (AIF) announced final bonus pay
Published 17 Jul, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (July 16, 2008).

Published 17 Jul, 2008 12:00am
Atlas Asset management announces payouts

Atlas Asset management announces payouts

The Board of Directors of Atlas Asset Management Limited, an Atlas Group Company, announced the payouts for its open ended mutual funds for the year ended June 30, 2008 in its meeting held on July 4, 2008. Atlas Income Fund (AIF) announced final bonus pay
Published 17 Jul, 2008 12:00am
Rs four million customs duty-evasion unearthed

Rs four million customs duty-evasion unearthed

A credible information was received by Fazal Qadir Qalbani, director, Intelligence & Investigation, FBR, Karachi, that some Islamabad-based importers are involved in clearance of import consignments from Karachi by grossly mis-declaring value and deprivin
Published 17 Jul, 2008 12:00am
Drizzle likely today

Drizzle likely today

The Met office, on Wednesday, has forecast a cloudy weather with chances of drizzle in the metropolis during next 24 hours. The maximum temperature on Thursday is expected to remain between 32 to 34degrees celsius.
Published 17 Jul, 2008 12:00am
ISPR rejects New York Times report

ISPR rejects New York Times report

A Spokesman of Inter Services Public Relations (ISPR) on Wednesday clarified a news report published in American media regarding Pakistani Post's not being in the United States record. Reacting to a report published in "The New York Times" captione
Published 17 Jul, 2008 12:00am
US air strike in Pakistan linked to database gap

US air strike in Pakistan linked to database gap

A US air strike that killed 11 Pakistani soldiers in June was the result of an incomplete US military database that did not include the location of the soldiers' post on the Afghanistan-Pakistan border, US officials said on Wednesday.
Published 17 Jul, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 Jul, 2008 12:00am
Nato denies Afghan troop build-up

Nato denies Afghan troop build-up

The Nato military alliance denied on Wednesday that it was massing troops on the Afghan side of the border with Pakistan but urged Islamabad to do more to stop militants taking refuge. "There is not, nor is there going to be, an incursion of Nato troops i
Published 17 Jul, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (July 16, 2008).

Published 17 Jul, 2008 12:00am