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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-07-21
Sony to launch 80-gigabyte PlayStation

Sony to launch 80-gigabyte PlayStation

Sony Corp said on Tuesday that it plans to launch a PlayStation 3 game console in September with an 80-gigabyte hard drive for 399 dollars, the same price as the PS3 with a 40-gigabyte hard drive.
Published 21 Jul, 2008 12:00am
Australia unveils online code of conduct

Australia unveils online code of conduct

Australia on Wednesday unveiled a new code of conduct to regulate online and mobile phone content which will call for classifications similar to those for films, a government spokesman said.
Published 21 Jul, 2008 12:00am
Thai PTT weighs $1.2 billion bonds to refinance debt

Thai PTT weighs $1.2 billion bonds to refinance debt

PTT PCL, Thailand's top energy firm, said on July 14 it might sell up to 40 billion baht ($1.2 billion) worth of bonds, mostly in foreign markets, to refinance debt later this year. The move would allow Thailand's largest listed firm to minimise risks in
Published 21 Jul, 2008 12:00am
Thai PTT weighs $1.2 billion bonds to refinance debt

Thai PTT weighs $1.2 billion bonds to refinance debt

PTT PCL, Thailand's top energy firm, said on July 14 it might sell up to 40 billion baht ($1.2 billion) worth of bonds, mostly in foreign markets, to refinance debt later this year. The move would allow Thailand's largest listed firm to minimise risks in
Published 21 Jul, 2008 12:00am
Walden International seeks China partner for first yuan fund

Walden International seeks China partner for first yuan fund

Walden International, a China-focused venture capital firm, is in talks with several potential Chinese partners to launch its first yuan-denominated fund, which will invest in small and medium-sized enterprises, a senior executive said.
Published 21 Jul, 2008 12:00am
Walden International seeks China partner for first yuan fund

Walden International seeks China partner for first yuan fund

Walden International, a China-focused venture capital firm, is in talks with several potential Chinese partners to launch its first yuan-denominated fund, which will invest in small and medium-sized enterprises, a senior executive said.
Published 21 Jul, 2008 12:00am
Germany plans $358 billion on capital markets

Germany plans $358 billion on capital markets

Germany's federal government will aim to raise around 225 billion euros ($358 billion) on capital markets next year, a deputy finance minister said. Germany's 2009 total borrowing need - roughly equating to annual bond issuance - would be "in the region o
Published 21 Jul, 2008 12:00am
Germany plans $358 billion on capital markets

Germany plans $358 billion on capital markets

Germany's federal government will aim to raise around 225 billion euros ($358 billion) on capital markets next year, a deputy finance minister said. Germany's 2009 total borrowing need - roughly equating to annual bond issuance - would be "in the region o
Published 21 Jul, 2008 12:00am
Maersk Line sees 2008 global shipping growth

Maersk Line sees 2008 global shipping growth

Maersk Line, the world's largest container shipping firm, expects container shipping to grow by 7 to 8 percent globally this year, with trade within Asia outperforming that, in spite of soaring fuel costs and a slowing world economy.
Published 21 Jul, 2008 12:00am
Boeing keen to develop India's aerospace industry

Boeing keen to develop India's aerospace industry

Leading US aircraft manufacturer, Boeing Co is looking to bid for defence projects worth up to $20 billion over the next 10 years in India, a top official said. The company is also submitting a detailed proposal to the Indian government on August.
Published 21 Jul, 2008 12:00am
Turkey and Syria to create joint oil company

Turkey and Syria to create joint oil company

Turkey and Syria's state owned oil companies will establish a joint firm this year to develop their oilfields, the head of Turkey's state oil company TPAO told Reuters. "The completion of the company's establishment is targeted for 2008. The purpose of th
Published 21 Jul, 2008 12:00am
China's Oak Pacific mulling Hong Kong or Nasdaq IPO

China's Oak Pacific mulling Hong Kong or Nasdaq IPO

Chinese Internet firm Oak Pacific Interactive is considering an initial public offering "at a suitable time" in Hong Kong or on the US Nasdaq exchange, its chief executive said on July 16. Oak Pacific, with sales of about 500 million yuan ($73.4 million)
Published 21 Jul, 2008 12:00am
China's Oak Pacific mulling Hong Kong or Nasdaq IPO

China's Oak Pacific mulling Hong Kong or Nasdaq IPO

Chinese Internet firm Oak Pacific Interactive is considering an initial public offering "at a suitable time" in Hong Kong or on the US Nasdaq exchange, its chief executive said on July 16. Oak Pacific, with sales of about 500 million yuan ($73.4 million)
Published 21 Jul, 2008 12:00am
UK power exchange may start this year

UK power exchange may start this year

Britain could get a new power market exchange this year if a new operator is chosen quickly, Hans-Bernd Menzel, the chief executive of Europe's largest energy exchange EEX, said on July 15. The new bourse is needed to revive Britain's flagging power marke
Published 21 Jul, 2008 12:00am
Egypt's Pioneers wants Gulf money to go to Morocco

Egypt's Pioneers wants Gulf money to go to Morocco

Egypt's investment bank Pioneers Holding wants to attract excess liquidity from the oil-rich Gulf region and Egypt to Morocco and North Africa where it has recently expanded, its vice president said on July 14.
Published 21 Jul, 2008 12:00am
Egypt's Pioneers wants Gulf money to go to Morocco

Egypt's Pioneers wants Gulf money to go to Morocco

Egypt's investment bank Pioneers Holding wants to attract excess liquidity from the oil-rich Gulf region and Egypt to Morocco and North Africa where it has recently expanded, its vice president said on July 14.
Published 21 Jul, 2008 12:00am
Emerging central banks under fire in inflation fight

Emerging central banks under fire in inflation fight

Tougher economic times are making investors more impatient with what they see as monetary policy flaws by some emerging market central banks, driving up borrowing costs for emerging issuers seen to be soft on inflation.
Published 21 Jul, 2008 12:00am
Bartoli and Wozniak reach Stanford final

Bartoli and Wozniak reach Stanford final

Marion Bartoli overpowered Japan's Ai Sugiyama 6-3 6-3 to move into the final of the Stanford Classic on Saturday. The sixth-seeded Frenchwoman will meet Canada's Aleksandra Wozniak, who advanced when top seed Serena Williams was forced to retire with a k
Published 21 Jul, 2008 12:00am
Parmentier claims second WTA title

Parmentier claims second WTA title

France's Pauline Parmentier won her second WTA title here on Sunday, beating Czech qualifier Lucie Hradecka 6-4, 6-4 in the finals of the clay-court tournament.
Published 21 Jul, 2008 12:00am
Malik seeks to allay Champions Trophy security fears

Malik seeks to allay Champions Trophy security fears

Pakistan captain Shoaib Malik on Sunday urged Champions Trophy teams to dispel their concerns about security in Pakistan ahead of September's tournament. Malik's appeal came as the International Cricket Council (ICC) were due to meet in Dubai to brief par
Published 21 Jul, 2008 12:00am
ICC decision this week whether to move Champions Trophy

ICC decision this week whether to move Champions Trophy

The International Cricket Council's (ICC) executive board will decide this week whether or not to shift September's Champions Trophy out of Pakistan because of security issues, the governing body said on Sunday.
Published 21 Jul, 2008 12:00am
Ricco doubts validity of Tour drugs test

Ricco doubts validity of Tour drugs test

Italy's Riccardo Ricco said he has doubts about the validity of the test that detected the blood-boosting drug EPO in his system during the Tour de France. Ricco, runner-up in the Giro d'Italia and winner of two stages on the Tour, tested positive after t
Published 21 Jul, 2008 12:00am
Pakistan squad undergoes drugs tests

Pakistan squad undergoes drugs tests

Stung by the doping controversies surrounding two of its key bowlers, the Pakistan Cricket Board (PCB) on Sunday conducted drugs tests of the players named in its preliminary squad for the Champions Trophy.
Published 21 Jul, 2008 12:00am
Coe sees Ferguson as ideal coach for 2012 Olympic team

Coe sees Ferguson as ideal coach for 2012 Olympic team

Manchester United manager Alex Ferguson would be the ideal coach to lead a British soccer team at the 2012 London Olympic Games, organising committee chairman Sebastian Coe said on Sunday.
Published 21 Jul, 2008 12:00am
Emergency Beijing Olympic pollution scheme begins

Emergency Beijing Olympic pollution scheme begins

Beijingers breathed easier on Sunday as traffic restrictions and factory closures came into effect in a last ditch attempt to turn the often smoggy Chinese capital into a pollution-free venue for next month's Olympics.
Published 21 Jul, 2008 12:00am
Lippi wants Italian players to copy selfless Rooney

Lippi wants Italian players to copy selfless Rooney

Italy coach Marcello Lippi says he wants his players to copy the selfless style of Manchester United's England forward Wayne Rooney. "What counts more than the formation is the philosophy, the desire of great players to put themselves at the service of th
Published 21 Jul, 2008 12:00am
De Villiers strengthens Proteas' grip

De Villiers strengthens Proteas' grip

AB de Villiers continued to defy England's attack with an unbeaten century as South Africa all but batted Michael Vaughan's men out of the second Test here at Headingley on Sunday.
Published 21 Jul, 2008 12:00am
Italy to bid for Rugby World Cup

Italy to bid for Rugby World Cup

Italy will bid for the Rugby World Cup in 2015 or 2019, the Italian Rugby Federation (FIR) said on Sunday. "At the moment we are waiting to have the documentation (from the International Rugby Board) with which to make our bid official," FIR president Gia
Published 21 Jul, 2008 12:00am
Golf: Norman snatches back lead at windy Birkdale

Golf: Norman snatches back lead at windy Birkdale

Greg Norman, aiming to become the oldest major champion, shrugged off a stumbling start to regain the lead midway through Sunday's final round of the British Open. Two ahead overnight, Norman bogeyed four of the first six holes in gusting winds at Royal B
Published 21 Jul, 2008 12:00am
Hamilton fights back to win German Grand Prix

Hamilton fights back to win German Grand Prix

McLaren's Lewis Hamilton won a thrilling German Grand Prix on Sunday to forge four points clear of Ferrari's Felipe Massa at the top of the Formula One championship. Brazilian rookie Nelson Piquet, who had started in 17th place on a one-stop strategy, fin
Published 21 Jul, 2008 12:00am
Saudi Telecom second quarter profit surges

Saudi Telecom second quarter profit surges

Saudi Telecom (STC) said second-quarter net profit beat forecasts to rise 24 percent, on higher income from foreign ventures as well as domestic mobile and broadband services.
Published 21 Jul, 2008 12:00am
Saudi Telecom second quarter profit surges

Saudi Telecom second quarter profit surges

Saudi Telecom (STC) said second-quarter net profit beat forecasts to rise 24 percent, on higher income from foreign ventures as well as domestic mobile and broadband services.
Published 21 Jul, 2008 12:00am
Gulf states look to harvest food from foreign investment

Gulf states look to harvest food from foreign investment

Faced with a scarcity of fertile land, water shortages and surging world food prices, wealthy Arab states in the Gulf are seeking to secure their food supplies by investing in agriculture abroad. Saudi Arabia and the United Arab Emirates, the top food imp
Published 21 Jul, 2008 12:00am
Bangladesh hopes to agree tariff cuts to US

Bangladesh hopes to agree tariff cuts to US

Bangladesh is confident of agreeing a deal to get duty free market access for its exports to the United States during the World Trade Organisation (WTO) ministerial meeting in Geneva, business leaders said on Sunday.
Published 21 Jul, 2008 12:00am
Bangladesh to get $100 million World Bank loan for food

Bangladesh to get $100 million World Bank loan for food

The World Bank will provide $100 million loan to Bangladesh as a budgetary support to help the disaster-prone country ensure food security, officials said on Sunday. "The rise in food prices, and particularly rice, has really hit poor people in Bangladesh
Published 21 Jul, 2008 12:00am
Sri Lanka bans duty free imports of white goods

Sri Lanka bans duty free imports of white goods

Sri Lanka will ban its citizens from bringing duty free items ranging from air conditioners to washing machines into the country as part of their baggage allowance, a Customs ruling said Sunday. The ban, which comes into effect from August 1, bars passeng
Published 21 Jul, 2008 12:00am
ECB fight against inflation a tough sell as economy stumbles

ECB fight against inflation a tough sell as economy stumbles

The European Central Bank is trying to convince people in the eurozone that taking a tough stand on inflation will get them through lean economic times, arguing that long-term gains warrant short-term pain.
Published 21 Jul, 2008 12:00am
Dow and Kuwait to base joint venture in Michigan

Dow and Kuwait to base joint venture in Michigan

An $11 billion joint plastics venture between Dow Chemical Co and a unit of Kuwait Petroleum Corp will be based in Michigan, the two companies said in a statement on Sunday. The venture will be named K-Dow Petrochemicals and the chief executive will be Ja
Published 21 Jul, 2008 12:00am
US banking system sound: Treasury chief Paulson

US banking system sound: Treasury chief Paulson

The US banking system is fundamentally sound despite the highly publicised IndyMac failure, US Treasury Secretary Henry Paulson said on Sunday, as he listed financial system stability as his top economic priority. "Our banking system is a safe and a sound
Published 21 Jul, 2008 12:00am
Libya and Portugal sign investment agreements

Libya and Portugal sign investment agreements

OPEC-member Libya and Portugal have signed two accords to boost co-operation in the oil and gas industry and allow the north African country to carry out investments inside and outside Portugal, Libya's official news agency Jana said. The two countries si
Published 21 Jul, 2008 12:00am
Iranian goods offer economic lifeline to Iraqis

Iranian goods offer economic lifeline to Iraqis

Leaning on the handlebars of his Iranian-made three-wheel motorbike, Safar Abdul is just one of millions of Iraqis enjoying the tidal wave of goods flooding into war-ravaged Iraq from former foe Iran.
Published 21 Jul, 2008 12:00am
China's Wen calls for firm inflation controls

China's Wen calls for firm inflation controls

Chinese premier Wen Jiabo called for firm control of inflation but warned the country still faced serious economic challenges, as he visited a southern manufacturing hub, state media said on Sunday. Wen said China had already been tested but managed to pr
Published 21 Jul, 2008 12:00am
BP blocks massive dividends to Russian partners

BP blocks massive dividends to Russian partners

British oil giant BP has blocked a mammoth dividend payment due to Russian shareholders of a strife-torn joint venture, an English newspaper reported Sunday. The move is seen as leverage amid a bitter row over investment plans which has left the chief exe
Published 21 Jul, 2008 12:00am
Earnings deluge poses test for fragile Wall Street

Earnings deluge poses test for fragile Wall Street

A newly revived Wall Street faces a fresh test of momentum in the coming week with a wave of corporate results that may indicate whether the latest rebound is for real. The results and profit guidance will be scrutinised for signs of whether companies are
Published 21 Jul, 2008 12:00am
Thai shares expected to slide further

Thai shares expected to slide further

The Thai stock market will slide further next week as investors watch political developments closely, analysts predicted Friday. Negative pressure from both inside and outside the country was impacting the Thai stock market with the US economic slowdown a
Published 21 Jul, 2008 12:00am
Indian shares to stay choppy

Indian shares to stay choppy

Indian shares are likely to remain choppy next week, with dealers saying they will be eyeing domestic political developments as the ruling Congress party braces for a confidence vote in parliament. The government, which took office in 2004, was reduced to
Published 21 Jul, 2008 12:00am
Philippines shares may correct over oil prices

Philippines shares may correct over oil prices

Philippines share prices are likely to correct again amid continued concern over oil prices and the direction of the US economy, a dealer said Friday. "There is a 60 percent probability the market will correct further," said Ron Rodrigo of Daiwa Securitie
Published 21 Jul, 2008 12:00am
Asian currencies rise against dollar

Asian currencies rise against dollar

Asian currencies ended the week mostly higher against the dollar amid continuing concerns over the state of the US economy and the health of its financial sector.
Published 21 Jul, 2008 12:00am
Singapore shares may trade on down side

Singapore shares may trade on down side

Singapore shares are likely to trade on the down side amid persistent fears the worst is not yet over for the troubled US housing sector, dealers said.
Published 21 Jul, 2008 12:00am
Malaysian shares likely to see bargain hunting

Malaysian shares likely to see bargain hunting

Malaysian shares will likely post modest gains as bargain-hunters scout out discounted shares, analysts said. "Some bargain hunting can be seen," Phua Kwee Hock, an analyst with SJ Securities, told AFP.
Published 21 Jul, 2008 12:00am
Jakarta shares likely to rebound

Jakarta shares likely to rebound

Indonesian share prices will rebound as buyers move in to snap up bargain-price commodity-related stocks, dealers said Friday. "What we saw this week was big players re-balancing their portfolios from commodities to other sectors, particularly finance sto
Published 21 Jul, 2008 12:00am
Tokyo shares likely to tumble further

Tokyo shares likely to tumble further

Japanese shares are likely to tumble further in the coming week on lingering concerns for the gloomy outlook of the US economy, analysts said Friday. "Buying sentiment is likely to stay low next week as trading is expected to remain cautious amid continue
Published 21 Jul, 2008 12:00am
Hong Kong shares may rebound

Hong Kong shares may rebound

Hong Kong shares are likely to continue their rebound next week as oil prices are expected to fall further after hitting record high levels in recent weeks, dealers said. For the week ending July 18, the benchmark Hang Seng Index closed down 310.36 points
Published 21 Jul, 2008 12:00am
Australian shares set for more volatility

Australian shares set for more volatility

Australian shares experienced another soft week amid concerns about the US economy with more volatility expected in the days ahead, dealers said Friday. For the week ending July 18, the benchmark S&P/ASX 200 fell 139.5 points, or 2.8 percent, to 4,840.4,
Published 21 Jul, 2008 12:00am
UK investors brace for flood of earnings results

UK investors brace for flood of earnings results

Investors are bracing for a flood of corporate results as well as a first look at second quarter British economic growth after a strong five-day run on the London Stock Exchange. The FTSE 100 index finished the week on Friday at 5,376.4 points, a gain of
Published 21 Jul, 2008 12:00am
Pope warns youth of materialist 'spiritual desert'

Pope warns youth of materialist 'spiritual desert'

Pope Benedict, wrapping up his visit to Australia, on Sunday urged a crowd of 400,000 young people to beware the spreading "spiritual desert" that often accompanied modern prosperity.
Published 21 Jul, 2008 12:00am
Colombians take to streets to protest Kidnappings

Colombians take to streets to protest Kidnappings

Colombians took to the streets in large numbers on Sunday to protest kidnappings that have plagued the country during its 44-year-old guerrilla war. Declaring that this year's Independence Day should be renamed "Freedom Day" for 2,800 people held captive
Published 21 Jul, 2008 12:00am
Four blasts in northern Spain, ETA blamed

Four blasts in northern Spain, ETA blamed

Four bombs exploded at popular seaside resorts in Cantabria, northern Spain on Sunday, after warning calls from the Basque separatist group ETA but no casualties were reported.
Published 21 Jul, 2008 12:00am
Iran has two-week deadline for nuclear answer

Iran has two-week deadline for nuclear answer

Iran was on Sunday facing a two-week deadline to give a final answer to world powers seeking a breakthrough in the nuclear crisis, after talks with the EU foreign policy chief ended in stalemate.
Published 21 Jul, 2008 12:00am
US forces kill son, nephew of Iraqi governor

US forces kill son, nephew of Iraqi governor

US forces on Sunday shot dead the son and a nephew of the governor of northern Iraq's Salaheddin province during a raid, police said. Governor Hamid Hummud al-Shakti's son Husam and his nephew Uday were shot dead in the town of Baiji, a police officer fro
Published 21 Jul, 2008 12:00am
Beshir seeks Kadhafi support in Darfur war crimes crisis

Beshir seeks Kadhafi support in Darfur war crimes crisis

Sudanese President Omar al-Beshir on Sunday sent an envoy to seek Libyan leader Moamer Kadhafi's support against legal moves over the conflict in Darfur, the state news agency JANA reported.
Published 21 Jul, 2008 12:00am
'Thailand and Cambodia make pledge on border dispute'

'Thailand and Cambodia make pledge on border dispute'

Thailand and Cambodia have agreed to "exert utmost efforts" to find a peaceful solution to their border conflict at a disputed temple, Singapore's Foreign Minister George Yeo said Sunday.
Published 21 Jul, 2008 12:00am
Palestinian economy is the path to peace

Palestinian economy is the path to peace

British Prime Minister Gordon Brown insisted on Sunday that increased economic investment in the Palestinian territories would be rewarded with the prize of peace in the Middle East.
Published 21 Jul, 2008 12:00am
First trial of Guantanamo inmate to begin Monday

First trial of Guantanamo inmate to begin Monday

A special military trial at Guantanamo is due to open Monday as detainee Salim Hamdan, who worked as a driver for terror mastermind Osama bin Laden, faces the first US war-crimes tribunal since the end of World War II.
Published 21 Jul, 2008 12:00am
International strikes kill nine Afghan police

International strikes kill nine Afghan police

Nine policemen were killed in Afghanistan Sunday in international military air strikes called in when police and troops clashed after mistaking each other for Taliban, authorities said.
Published 21 Jul, 2008 12:00am
Arab League chief to Sudan over war crimes row

Arab League chief to Sudan over war crimes row

Arab League chief Amr Mussa headed on Sunday to Khartoum with a plan aimed at stalling possible legal moves against Sudanese President Omar al-Beshir, accused of masterminding genocide in Darfur.
Published 21 Jul, 2008 12:00am
Mullen says strike on Iran means turmoil

Mullen says strike on Iran means turmoil

White House military adviser Adm. Mike Mullen said on Sunday he was concerned that any US or Israeli strike on Iran carried a notable risk of more turmoil in the Middle East. "I think it would be significant. I worry about it a lot," Mullen, chairman of t
Published 21 Jul, 2008 12:00am
Mossad involved in Betancourt rescue

Mossad involved in Betancourt rescue

Mossad, the Israeli secret service, was involved in the operation to free hostage Ingrid Betancourt from Colombian rebels, a Spanish newspaper claimed Sunday, saying that the US and French secret services were also involved.
Published 21 Jul, 2008 12:00am
Dictator to face accountability: PML-N

Dictator to face accountability: PML-N

National Assembly Member and Pakistan Muslim League-Nawaz (PML-N) leader Captain Safdar (retd) has said that the dictator will be brought to accountability. Talking to various delegations, who called on him on Sunday, he said the Pakistani people are unit
Published 21 Jul, 2008 12:00am
Efforts being made to make Wasa stable organisation: managing director

Efforts being made to make Wasa stable organisation: managing director

Managing Director Wasa Faisalabad, Dr Arshad Mahmood has said that efforts were being made to make Wasa an active, effective and stable organisation which could serve the people in real sense. He said that the problems relating to the provision of drinkin
Published 21 Jul, 2008 12:00am
Misery loves company

Misery loves company

The write-up under this caption in the issue of July 10 of Business Recorder is indeed an interesting reading. It had to be, being a vindication of the current government policies. I am no economist to cross swords with the writer. But, there are a
Published 21 Jul, 2008 12:00am
Rover's Diary: who killed General Zia?

Rover's Diary: who killed General Zia?

Twenty years down the chequered history lane of Pakistan nobody knows who killed the General Ziaul Haq along with his closest henchman in the Afghan adventure - General Akhtar Abdur Rehman? Who killed Ambassador Arnold Raphel? The government that followed
Published 21 Jul, 2008 12:00am
In Namibian desert, the heat is on to address climate change

In Namibian desert, the heat is on to address climate change

It was never easy living among the Namib desert's spectacular vistas, with ancient camel thorn trees providing sparse shade and huge red sand dunes reflecting the burning hot sun. But signs that climate change may be worsening the already harsh conditions
Published 21 Jul, 2008 12:00am
Labour and their travails in Pakistan

Labour and their travails in Pakistan

As if weak macroeconomic fundamentals, high inflationary pressures further fuelled by flawed policies of the last and the present governments and a serious law and order situation in the areas near Pak-Afghan border were not enough we have also witnessed
Published 21 Jul, 2008 12:00am
Trade policy 2008-09

Trade policy 2008-09

The trade policy for 2008-09, announced on Friday evening by Commerce Minister, Chaudhry Ahmed Mukhtar was followed by his press conference the same day. This is unprecedented as in the past the press conference was delayed at least until the next day to
Published 21 Jul, 2008 12:00am
Gilani's maiden address

Gilani's maiden address

Pity, Syed Yousuf Raza Gilani's maiden address to the nation as elected prime minister of Pakistan was not a deep enough furrow. Nor was it expected to be, as he is not the leader about whom one would have said 'cometh the man, cometh the hour'.
Published 21 Jul, 2008 12:00am
Salmaan Taseer condoles

Salmaan Taseer condoles

Punjab Governor, Salmaan Taseer on Sunday has expressed deep sorrow over the death of Asghar Ali Advocate and condoled with his family. He said the late lawyer represented late Zulifqar Ali Bhutto and Nusrat Bhutto in number of cases.
Published 21 Jul, 2008 12:00am
SPs told to impose S&E Act on business & industry

SPs told to impose S&E Act on business & industry

Capital City Police (CCP) Officer Muhammad Pervez Rathore has ordered all the divisional SPs to ensure implementation of Shops & Establishment Act at all costs by heads of all the important business and industrial centers, financial institutions and shops
Published 21 Jul, 2008 12:00am
Fear of crop damage by pests tightening cotton prices

Fear of crop damage by pests tightening cotton prices

Cotton harvesting is gaining momentum with the passing of tome. Unlike previous seasons, Punjab is earlier in cotton harvesting as some 60 ginning factories in cotton areas of Central Punjab have commenced operation in new crop cotton whereas in Sindh onl
Published 21 Jul, 2008 12:00am
Fear of crop damage by pests tightening cotton prices

Fear of crop damage by pests tightening cotton prices

Cotton harvesting is gaining momentum with the passing of tome. Unlike previous seasons, Punjab is earlier in cotton harvesting as some 60 ginning factories in cotton areas of Central Punjab have commenced operation in new crop cotton whereas in Sindh onl
Published 21 Jul, 2008 12:00am
Five Hazara youths laid to rest

Five Hazara youths laid to rest

Five Hazara youths who were gunned down by ATF and police personnel on Saturday, were buried amid protests and chanting slogans against police and Anti-Terrorism Force's (ATF) personnel, here at Hazara graveyard Alamdar Road and Hazara Town's graveyard, s
Published 21 Jul, 2008 12:00am
School education is government's top priority, says Riaz

School education is government's top priority, says Riaz

The Senior Provincial Minister, Raja Riaz Ahmad has said that the government is giving top priority to the promotion of school education has adopted holistic approach to provide necessary educational facilities in government schools. An amount of Rs2.50 b
Published 21 Jul, 2008 12:00am
New irrigation policy being introduced in Punjab

New irrigation policy being introduced in Punjab

Punjab Senior Minister, Raja Riaz Ahmad has said that the third party consultant policy was being introduced in the irrigation department under the reform agenda so that transparency in developmental, financial and administrative matter could be ensured.
Published 21 Jul, 2008 12:00am
Verdict in Qadeer's detention case today

Verdict in Qadeer's detention case today

The Islamabad High Court (IHC) will announce decision on the petition filed against the detention of nuclear scientist Dr Abdul Qadeer Khan on Monday (today). The IHC chief justice will announce the judgement. The IHC single bench had heard the petition.
Published 21 Jul, 2008 12:00am
LG and Siemens announce signing of MoU

LG and Siemens announce signing of MoU

LG Electronics, a global leader and technology innovator in consumer electronics announced that it signed a memorandum of understanding (MoU) related to integrated building management solutions for commercial air conditioning with Siemens, a global leader
Published 21 Jul, 2008 12:00am
SAU employees observe token strike

SAU employees observe token strike

The SAU employees observed token strike and protest against Vice Chancellor as the University affairs has collapsed totally and the government has not taken any notice yet.
Published 21 Jul, 2008 12:00am
KTAC demands lift of ban on two-stroke rickshaw permits

KTAC demands lift of ban on two-stroke rickshaw permits

Karachi Transport Action Committee (KTAC) and Anjuman-e-Ettehad Bus Malikan Karachi on Sunday demanded of the government to immediately lift the ban on permits from two-stroke rickshaws and take measures to convert two-stroke rickshaws into four stroke. I
Published 21 Jul, 2008 12:00am
Two pylons blown up in Kohlu

Two pylons blown up in Kohlu

Two main power supply pylons, including 132 kV Kahan-Kohlu transmission line were blown up when powerful bombs planted by the pylons went off in Nasazai area of Kohlu district on Sunday, said Kohlu district administration sources.
Published 21 Jul, 2008 12:00am
Ahsan suggests PCO judges to resign in national interest

Ahsan suggests PCO judges to resign in national interest

Central Information Secretary of Pakistan Muslim League-Nawaz (PML-N) Ahsan Iqbal has suggested the PCO judges to tender their resignations in the larger national interest so that the judicial crisis could come to an end.
Published 21 Jul, 2008 12:00am
Rabbani hails Prime Minister's address

Rabbani hails Prime Minister's address

The Leader of the House in the Senate, Raza Rabbani, has hailed Prime Minister Yousuf Raza Gilani's address to the nation. Talking to APP here on Sunday, he said that the Prime Minister's speech was a reflection of realities that exist in the political fi
Published 21 Jul, 2008 12:00am
Cathay Pacific releases combined traffic figures for June

Cathay Pacific releases combined traffic figures for June

Cathay Pacific Airways recently released combined Cathay Pacific and Dragonair traffic figures for June 2008 that show continued growth in the number of passengers carried by the two airlines along with a rise in cargo tonnage over the same month last yea
Published 21 Jul, 2008 12:00am
Junior doctors asked not to recommend specialist medicines

Junior doctors asked not to recommend specialist medicines

Executive Director of Federal Government Services Hospital (Polyclinic) Syed Masood Ahmad Pasha said it has been noticed that specialist medicines are being prescribed by simple medical officers, which is not a good practice.
Published 21 Jul, 2008 12:00am
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