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Print - 2008-09-29
Football: Beckham ready to stay in the shadows

Football: Beckham ready to stay in the shadows

David Beckham insists he is happy to stay in the shadows for England if it means Fabio Capello's team qualify for the 2010 World Cup. Beckham had worked his way back into the England squad under Capello, but his days as the first choice right winger could
Published 29 Sep, 2008 12:00am
Kirilenko clinches Korean Open

Kirilenko clinches Korean Open

Top-seeded Maria Kirilenko of Russia defeated unseeded Australian Samantha Stosur 2-6, 6-1, 6-4, to win the WTA Korea Open here on Sunday. It was the Russian's third win on the WTA circuit in 2008. She lost to Venus Williams at last year's Korea Open fina
Published 29 Sep, 2008 12:00am
Tsonga stuns Djokovic to win Thailand Open

Tsonga stuns Djokovic to win Thailand Open

Jo-Wilfried Tsonga stunned Novak Djokovic to win the Thailand Open on Sunday and help erase his loss to the Serbian in the final of this year's Australian Open. Tsonga, ranked 20 in the world, fell to his knees after the 7-6 (7/4), 6-4 victory against the
Published 29 Sep, 2008 12:00am
Computer applications float in Internet cloud

Computer applications float in Internet cloud

When Merlin Mann is on the go and needs to access his computer information he steps into the cloud. Mann, a 41-year-old technology blogger, is one of thousands of Americans who are shunning packaged software in favour of programmes served up as services a
Published 29 Sep, 2008 12:00am
Dell hopes selling first PC to emerging Consumers

Dell hopes selling first PC to emerging Consumers

Dell hopes its new retail stores will help it sell to consumers in emerging markets buying their first computer, Chief Executive Michael Dell told a conference on Tuesday.
Published 29 Sep, 2008 12:00am
Portugal unveils 500,000 cheap computers for schools

Portugal unveils 500,000 cheap computers for schools

Portugal's Socialist government began the roll-out on Tuesday of 500,000 ultra-cheap laptops for school children in a programme that could be extended to Venezuela, the government said.
Published 29 Sep, 2008 12:00am
More Americans watching video online

More Americans watching video online

The number of Americans watching video on their computers has doubled over the past year and growing numbers of younger viewers are enjoying movies and TV shows online, according to a study released on September 26 by ABI Research.
Published 29 Sep, 2008 12:00am
'Can you reset the Internet for me?'

'Can you reset the Internet for me?'

Computer help desks are used to fielding oddball requests but sometimes the questions leave even the best of them stumped. Such as: "Why isn't my wireless mouse connected to the computer?" Or: "Can you reset the Internet for me?" Then there was the questi
Published 29 Sep, 2008 12:00am
IPTV subscriptions to grow 64 percent in 2008

IPTV subscriptions to grow 64 percent in 2008

World-wide subscriptions to Internet-based television platforms are on track to reach 19.6 million subscribers in 2008, a 64 percent increase, according to analysts at Gartner.
Published 29 Sep, 2008 12:00am
News-sharing website plans expansion

News-sharing website plans expansion

Digg, a popular news-sharing website, announced major expansion plans on Wednesday - hiring more staff, rolling out new products and launching services in languages besides English.
Published 29 Sep, 2008 12:00am
Google offers cash for world-changing ideas

Google offers cash for world-changing ideas

Google is marking its 10th anniversary by offering 10 million dollars to back world changing ideas. Google promises to divvy up the cash between the five best ideas that spring from its Project 10 to the 100th, a reference to the numerical sum "googol" fr
Published 29 Sep, 2008 12:00am
Google releases software kit for new phone

Google releases software kit for new phone

Google has released a kit for software developers to create fun, hip or functional programs for the "G-phone" due out next month in a direct challenge to Apple's hot-selling iPhone.
Published 29 Sep, 2008 12:00am
Oracle, HP unveil computer to cope with digital explosion

Oracle, HP unveil computer to cope with digital explosion

Long time business software giant Oracle has announced it is diving headlong into the computer hardware business with a brainier, brawnier machine crafted to manage the explosion of digital data.
Published 29 Sep, 2008 12:00am
Nokia's Tube phone due on October 2

Nokia's Tube phone due on October 2

Nokia will unveil its first touch-screen phone next week in a direct challenge to Apple's successful iPhone, two industry sources told Reuters on Friday. Both sources said Nokia would unveil its new phone - code-named "Tube" - on October 2 at an analyst a
Published 29 Sep, 2008 12:00am
Burundi mobile to double users by 2010

Burundi mobile to double users by 2010

Burundi's biggest mobile phone operator U-com plans to double its subscribers in the tiny central African country to 555,000 by 2010, the company said on Thursday. Orascom bought U-Com from Global Vision Limited of India in July this year, but will offici
Published 29 Sep, 2008 12:00am
Apple sells unlocked iPhones in Hong Kong

Apple sells unlocked iPhones in Hong Kong

Apple has started selling unlocked models of its popular iPhone 3G in Hong Kong which allow users the freedom to select the telecoms provider of their choice. The latest version offers a touch screen, high-speed Internet browsing with third generation net
Published 29 Sep, 2008 12:00am
DirecTV to market AT&T satellite service in 2009

DirecTV to market AT&T satellite service in 2009

DirecTV Group, the largest US satellite television provider, said on Friday it has reached an agreement with AT&T Inc to offer customers a co-branded package of video, home phone, wireless phone and Internet service from February 1, 2009.
Published 29 Sep, 2008 12:00am
Partner Comms to offer Internet, VoB services

Partner Comms to offer Internet, VoB services

Israeli mobile phone operator Partner Communications said on Tuesday it will start offering Internet and Voice over Broadband (VoB) services as looks to expand into a multi-service telecoms and media company.
Published 29 Sep, 2008 12:00am
Sony Ericsson to roll out music service in weeks

Sony Ericsson to roll out music service in weeks

Sony Ericsson will launch a mobile phone service with unlimited music downloads within weeks, the company said on Tuesday, as it competes with Nokia in expanding business beyond the sale of handsets.
Published 29 Sep, 2008 12:00am
Maturing bonds pose credit aftershocks in US, Europe

Maturing bonds pose credit aftershocks in US, Europe

The financial earthquake that shook Wall Street last week may be followed by a $900 billion aftershock as bank debt comes due in the next year. US and European banks face soaring premiums as a mountain of debt matures at a time when the primary market rem
Published 29 Sep, 2008 12:00am
Maturing bonds pose credit aftershocks in US, Europe

Maturing bonds pose credit aftershocks in US, Europe

The financial earthquake that shook Wall Street last week may be followed by a $900 billion aftershock as bank debt comes due in the next year. US and European banks face soaring premiums as a mountain of debt matures at a time when the primary market rem
Published 29 Sep, 2008 12:00am
General Motors looks to sell plant in France, other assets

General Motors looks to sell plant in France, other assets

General Motors Corp is looking to sell a plant Strasbourg, France, and will begin seeking buyers next month when it also kicks off the sale for its Hummer SUV brand, the automaker said on September 24.
Published 29 Sep, 2008 12:00am
General Motors looks to sell plant in France, other assets

General Motors looks to sell plant in France, other assets

General Motors Corp is looking to sell a plant Strasbourg, France, and will begin seeking buyers next month when it also kicks off the sale for its Hummer SUV brand, the automaker said on September 24.
Published 29 Sep, 2008 12:00am
Deutsche Bank to launch Sharia hedge fund platform

Deutsche Bank to launch Sharia hedge fund platform

Deutsche Bank AG's prime brokerage business is preparing to launch a sharia-compliant hedge fund platform within the next month, as part of its Middle East expansion plans, a senior official said.
Published 29 Sep, 2008 12:00am
Deutsche Bank to launch Sharia hedge fund platform

Deutsche Bank to launch Sharia hedge fund platform

Deutsche Bank AG's prime brokerage business is preparing to launch a sharia-compliant hedge fund platform within the next month, as part of its Middle East expansion plans, a senior official said.
Published 29 Sep, 2008 12:00am
China CITIC Bank to cut overseas exposure

China CITIC Bank to cut overseas exposure

China CITIC Bank, the country's seventh-largest lender, said on September 25 it plans to cut its exposure to overseas assets and tighten risk controls in response to global credit woes. The financial crisis will impact the bank's profits in both 2008 and
Published 29 Sep, 2008 12:00am
Credit Suisse gets licence to operate in Bahrain

Credit Suisse gets licence to operate in Bahrain

Swiss bank heavyweight Credit Suisse said on September 24 it had obtained a banking licence in Bahrain and plans to focus on high net worth clients, expanding its operations in the fast-growing Gulf region. Credit Suisse has operated in the Middle East si
Published 29 Sep, 2008 12:00am
Dubai Bank plans $5 billion Islamic bond programme

Dubai Bank plans $5 billion Islamic bond programme

Dubai Bank plans to sell about $500 million in Islamic bonds this year as part of a $5 billion notes programme to finance growth as it looks to become a global Islamic lender by 2013.
Published 29 Sep, 2008 12:00am
Dubai Bank plans $5 billion Islamic bond programme

Dubai Bank plans $5 billion Islamic bond programme

Dubai Bank plans to sell about $500 million in Islamic bonds this year as part of a $5 billion notes programme to finance growth as it looks to become a global Islamic lender by 2013.
Published 29 Sep, 2008 12:00am
Swedbank chief executive says bank's finances robust

Swedbank chief executive says bank's finances robust

The top executive at Sweden's Swedbank said on September 25 he still saw no need to make provisions on a $1.35 billion secured loan to Lehman Brothers and repeated his bank's finances are robust.
Published 29 Sep, 2008 12:00am
Airbus expecting 'large' China order by early 2009

Airbus expecting 'large' China order by early 2009

European aircraft giant Airbus is expecting a "large order" from Chinese airlines by early 2009, the company's chief executive officer Tom Enders said here on September 28. The Chinese aviation market "next year will still see strong growth and we are exp
Published 29 Sep, 2008 12:00am
Frontline eyes M&A amid turmoil in markets

Frontline eyes M&A amid turmoil in markets

Frontline, the world's biggest independent oil tanker shipping group, sees stronger markets and merger and acquisition opportunities in the coming months on the back of lower valuations hit by economic woes.
Published 29 Sep, 2008 12:00am
Whipsawed Wall Street waits for rescue

Whipsawed Wall Street waits for rescue

With a massive rescue of the financial sector in limbo, Wall Street was hopeful about a lifeline but also fearful it might not materialise, analysts said. The market has been volatile amid intense debate in Washington over the government's proposed 700-bi
Published 29 Sep, 2008 12:00am
Thai shares expected to decline

Thai shares expected to decline

Thailand's stock market is expected to fall as uncertainty about a massive bailout plan in the United States dims market sentiment, analysts said Friday. "Next week, the market is likely to move narrowly down," said Pongrat Ratanatavanananda, vice preside
Published 29 Sep, 2008 12:00am
JGBs mixed, await US financial bailout details

JGBs mixed, await US financial bailout details

Japanese government bonds (JGBs) were mixed in light trading on Friday, as investors awaited the outcome of negotiations among US lawmakers over a $700 billion bailout for the US financial system. Trading volumes were light, with market players eager to s
Published 29 Sep, 2008 12:00am
JGBs mixed, await US financial bailout details

JGBs mixed, await US financial bailout details

Japanese government bonds (JGBs) were mixed in light trading on Friday, as investors awaited the outcome of negotiations among US lawmakers over a $700 billion bailout for the US financial system. Trading volumes were light, with market players eager to s
Published 29 Sep, 2008 12:00am
Asian currencies higher against dollar

Asian currencies higher against dollar

Asian currencies ended the week mostly higher against the dollar as traders awaited the fate of a massive US rescue package aimed at stabilising the global finance sector and economy.
Published 29 Sep, 2008 12:00am
Malaysian shares may remain choppy

Malaysian shares may remain choppy

Malaysian stocks may remain choppy due to uncertainties on Wall Street and other major regional bourses, dealers said Friday. "The buying momentum will continue to remain weak," Stephen Soo, analyst with TA Securities told AFP. For the trading week ended
Published 29 Sep, 2008 12:00am
Hong Kong shares may face lingering uncertainty

Hong Kong shares may face lingering uncertainty

Hong Kong share prices will struggle as investors grasp for any signs of market confidence, but a giant rescue package in the United States could improve sentiment, dealers said. For the week ending September 19, the Hang Seng Index dropped 3.3 percent to
Published 29 Sep, 2008 12:00am
Taiwan shares may weaken on global concerns

Taiwan shares may weaken on global concerns

Taiwan shares are expected to fall amid concerns over the global financial system as fate of the US government's 700 billion dollar bailout plan remains uncertain, dealers said Friday.
Published 29 Sep, 2008 12:00am
Tokyo shares to take cue from US bailout package

Tokyo shares to take cue from US bailout package

Prospects for Japanese share prices over the coming week are likely to hinge on whether the US Congress approves a 700-billion-dollar Wall Street bailout package, analysts said on Friday. "It is still uncertain if the US package can win approval as US pol
Published 29 Sep, 2008 12:00am
UK shares face economic gloom after finance panic

UK shares face economic gloom after finance panic

Investors on the London stock market will be besieged on several fronts next week as world financial turmoil, a looming recession in Britain and retail data threaten to shake sentiment. London's leading FTSE-100 stock index fell by 4.20 percent over the p
Published 29 Sep, 2008 12:00am
Australian shares likely to face sell-off

Australian shares likely to face sell-off

The Australian share market is likely facing a sell-off as a result of Wall Street's continuing troubles, dealers said on Friday. The market rebounded early this week following the US government's announcement it planned to spend 700 billion US dollars to
Published 29 Sep, 2008 12:00am
Indian shares likely to remain weak

Indian shares likely to remain weak

Indian shares will continue to remain weak due to uncertainty about the fate of a bailout package for the troubled US financial sector, dealers said. Several global markets fell this week on reports of a breakdown of talks between the Republican and Democ
Published 29 Sep, 2008 12:00am
Fighting in Sri Lanka claims 17 lives

Fighting in Sri Lanka claims 17 lives

Fresh fighting around Sri Lanka's embattled northern region left 17 combatants dead on both sides, the defence ministry said Sunday. Troops killed 12 Tamil Tiger rebels during clashes on Saturday, while five soldiers also died in combat, the statement sai
Published 29 Sep, 2008 12:00am
Nepal's Maoist government wages war on sleaze

Nepal's Maoist government wages war on sleaze

Nepal's new Maoist government has declared war on sleaze in the capital Kathmandu, saying the increasing numbers of massage parlours and nude dance bars are driving up crime and immorality.
Published 29 Sep, 2008 12:00am
Iraq to take control of Babel from US troops

Iraq to take control of Babel from US troops

Iraqi security forces will take control of the central Shiite province of Babel within a month, the provincial governor Salem al-Saleh Meslmawe told AFP on Sunday. "We have discussed with the government and the coalition forces and there is an agreement t
Published 29 Sep, 2008 12:00am
UNSC adopts Iran resolution with no new sanctions

UNSC adopts Iran resolution with no new sanctions

The UN Security Council on Saturday unanimously adopted a draft resolution again urging Iran to suspend its sensitive nuclear fuel work but offering no new sanctions and merely reaffirming existing ones.
Published 29 Sep, 2008 12:00am
Sarkozy sees 20 billion euros in nuclear deals with India

Sarkozy sees 20 billion euros in nuclear deals with India

France is expecting nuclear power business worth some 20 billion euros (29 billion dollars) with India in the coming 15 years, President Nicolas Sarkozy said in remarks published Sunday.Sarkozy made the prediction in remarks to the Le Journal du Dimanche,
Published 29 Sep, 2008 12:00am
Baghdad car bomb kills at least 12

Baghdad car bomb kills at least 12

A car bomb killed at least 12 people and wounded 28 in south-western Baghdad on Sunday, police said. A police source said he expected the death toll from the blast in Baghdad's Shurta neighbourhood in the early evening would rise.
Published 29 Sep, 2008 12:00am
China plans manned trip to moon after successful mission

China plans manned trip to moon after successful mission

China set its sights Sunday on a manned trip to the moon and a space station after completing a historic mission that included the country's first space walk. China laid out the ambitious targets after the return to Earth of its third manned mission, a 68
Published 29 Sep, 2008 12:00am
Ministry of Defence 'to buy new hi-tech vehicles' to protect troops

Ministry of Defence 'to buy new hi-tech vehicles' to protect troops

The Ministry of Defence is to buy 600 new hi-tech vehicles to help protect British troops from bomb attacks in Afghanistan, the News of the World reported on Sunday. So far 120 British service personnel have been killed in Afghanistan since the Taliban wa
Published 29 Sep, 2008 12:00am
'War on terror' has not weakened al Qaeda: poll

'War on terror' has not weakened al Qaeda: poll

People across the world think the U.S.-led "war on terror" has not weakened al Qaeda and many believe it has actually strengthened Osama bin Laden's network, a poll for the BBC World Service said on Monday.
Published 29 Sep, 2008 12:00am
Russia can't veto Nato expansion: Rice

Russia can't veto Nato expansion: Rice

Russia cannot be allowed to veto Nato membership for former Soviet states such as Ukraine and Georgia, U.S. Secretary of State Condoleezza Rice said in an interview published on Sunday. Rice said Moscow should not be permitted to profit from its military
Published 29 Sep, 2008 12:00am
Arab papers see Israel behind deadly Syria bomb

Arab papers see Israel behind deadly Syria bomb

Israel's Mossad spy agency was behind a deadly car bomb attack in Damascus on Saturday which killed 17 people, according to a columnist in the Jordanian semi-official daily Al-Dustur.
Published 29 Sep, 2008 12:00am
Nuclear deal to bring new status: Indian Prime Minister

Nuclear deal to bring new status: Indian Prime Minister

India is close to securing a new position in the world nuclear order, Prime Minister Manmohan Singh said as the US House of Representatives passed a major atomic energy pact with New Delhi. The House passed the agreement by a 298-117 vote on Saturday, tak
Published 29 Sep, 2008 12:00am
Khaleda faces new corruption charges

Khaleda faces new corruption charges

In a continuing drive against corruption in high places the military-backed interim government in Bangladesh has brought fresh charges of extortion against a former prime minister and her elder son, officials said Sunday.
Published 29 Sep, 2008 12:00am
UK opposition unveils plan to tackle banking crisis

UK opposition unveils plan to tackle banking crisis

Britain's opposition Conservatives unveiled their plan on Sunday to tackle the financial crisis, accusing Prime Minister Gordon Brown of presiding over a debt-fuelled boom that has turned to bust.
Published 29 Sep, 2008 12:00am
South African democracy proves its resilience: new president

South African democracy proves its resilience: new president

South African democracy has shown its resilience after a week of political turmoil, new President Kgalema Motlanthe said in his first address to the nation Sunday. "Our country is emerging from one of the most difficult weeks in the history of our young d
Published 29 Sep, 2008 12:00am
At least 52 Somali migrants die off Yemeni coast

At least 52 Somali migrants die off Yemeni coast

At least 52 Somalis died off the coast of Yemen after the ship smuggling them broke down and they were left adrift for 18 days without food or water, the United Nations refugee agency UNHCR said on Sunday. Rescuers saved 71 people, aged between two to 40,
Published 29 Sep, 2008 12:00am
Rescue 1122 being extended to other 24 districts

Rescue 1122 being extended to other 24 districts

After the successful launching of Rescue 1122 emergency service in eleven cities of Punjab, the government has decided to extend this service to 24 other districts of the province with an allocation of Rs2.695 billion.
Published 29 Sep, 2008 12:00am
Illegal fish netting to be checked during Eid holidays

Illegal fish netting to be checked during Eid holidays

Punjab Fisheries Department on the special directive of Chief Minister Punjab has constituted a number of mobile teams to check the illegal netting of fish especially during the Eid-ul-Fitr holidays.
Published 29 Sep, 2008 12:00am
Transfer of PCSI

Transfer of PCSI

The decision to transfer Pakistan Cotton Standards Institute (PCSI) from Karachi to Multan seems to have been taken without considering vital and critical issues associated with the textile industry. Apparently it seems to have been taken to accommodate a
Published 29 Sep, 2008 12:00am
Self-reliance

Self-reliance

One should cut his cloth according to his size. Mere reliance on planning does not help unless the kitty is reliable and dependable. For a developing nation, surrounded by innumerable problems, it is imperative to select priorities and fix the objectives
Published 29 Sep, 2008 12:00am
ROVER'S DIARY: 'The game of double crossing'

ROVER'S DIARY: 'The game of double crossing'

No sane person would be envious of President Zardari's position in the corridors of the United Nations. He has chosen to accept the responsibility of representing and defending Pakistan's case when we are being blamed for harbouring militants by our two n
Published 29 Sep, 2008 12:00am
Panel calls for end to nostalgia about East Germany

Panel calls for end to nostalgia about East Germany

Nearly 20 years after the fall of the Berlin Wall, a growing number of people are romanticising about what daily life was like in the former communist East Germany. Ostalgia, a pun of nostalgia and Ost (East), is on the rise and numerous businesses and in
Published 29 Sep, 2008 12:00am
The cost of terrorism

The cost of terrorism

Pakistan, on the 20th of September, 19th Ramazan, was, once again, subjected to a terrorist attack on a scale that sent shock waves around the world. Condemnations were quick to follow from the two countries that are perceived to be mainly responsible for
Published 29 Sep, 2008 12:00am
Cut in Vanaspati, edible oil prices

Cut in Vanaspati, edible oil prices

Notwithstanding the failure of frantic efforts of the PPP-led coalition government for reversing the steeply rising trend in prices of essential commodities, it may derive some consolation from the success in prevailing upon producers of Vanaspati ghee an
Published 29 Sep, 2008 12:00am
Zardari-Singh meeting

Zardari-Singh meeting

The much anticipated meeting - precisely speaking, a getting to know encounter - between the Pakistan President and the Indian Prime Minister on the sidelines of the UN summit took place on Thursday with Asif Ali Zardari turning on a charm offensive.
Published 29 Sep, 2008 12:00am
World Bank's positive Gesture

World Bank's positive Gesture

When faced with a crisis situation, even a small gesture of goodwill from a prospective source is welcome. This is true in the case of both individuals and nations. In a meeting with President Asif Ali Zardari in New York, World Bank President Robert Zoel
Published 29 Sep, 2008 12:00am
Food department supplies 34,933 flour bags daily

Food department supplies 34,933 flour bags daily

Food Department is supplying as many as 34,933 flour bags daily at Sasta Ramazan Bazaars and sale points to provide maximum relief to the general public during the holy month of Ramazan. This was stated by Rana Khudadad Khan, District Food Controller Fais
Published 29 Sep, 2008 12:00am
World Music day to be observed on October 1

World Music day to be observed on October 1

Every October 1st, in communities throughout the world, amateurs and professionals unite to offer special events and presentations of music of every kind. Musicians of all ages, from the pre-schooler to the senior citizen, perform during the day for peopl
Published 29 Sep, 2008 12:00am
Senator Talha clarifies news items

Senator Talha clarifies news items

The chairman, Senate Standing Committee on Interior, Talha Mehmood, has clarified that neither the chairman nor the Senate Standing Committee on Interior at any stage sought the resignation of the Advisor to Prime Minister on Interior A. Rehman Malik.
Published 29 Sep, 2008 12:00am
Preventive measures needed to avoid risk of heart diseases

Preventive measures needed to avoid risk of heart diseases

On the World Heart Day, Medical experts across the globe stressed the need to create public awareness about the risk factors of heart disease and promote preventive measures. World Heart Day was marked on Sunday with the theme `Know Your Risk' which highl
Published 29 Sep, 2008 12:00am
Fluctuations seen in commodities prices during last week

Fluctuations seen in commodities prices during last week

Commodities wholesale markets stayed closed on the opening day supplied not a single variation though on other days rates had fluctuated both ways, some items soaring during the week ended on September 27, 2008. Monday was closed on account on youm-e-Hazr
Published 29 Sep, 2008 12:00am
Investment moot on November 26 in Sukkur

Investment moot on November 26 in Sukkur

An investment conference would be organised in Sukkur on November 26. This was announced by the Director General of the Board of Investment (BOI), Karachi, Arif Illahi, here on Sunday. He said that some 250 delegates from various parts of the country woul
Published 29 Sep, 2008 12:00am
Heavy vehicles need permit for entering Capital

Heavy vehicles need permit for entering Capital

Heavy vehicles are not at all allowed to enter Islamabad without the `permit passes' due to the prevailing law and order situation and Marriott blast on September 20, the Capital police said on Sunday.
Published 29 Sep, 2008 12:00am
Week closing saw low sales volume, spot rate slips to Rs 3,900

Week closing saw low sales volume, spot rate slips to Rs 3,900

The week under review saw renewed surge in buying and price rise owing to a couple of reasons such as prospect of textile product exports, rains that created fear of damage and restrained supplies and firmer conditions in world cotton markets. But by the
Published 29 Sep, 2008 12:00am
Week closing saw low sales volume, spot rate slips to Rs 3,900

Week closing saw low sales volume, spot rate slips to Rs 3,900

The week under review saw renewed surge in buying and price rise owing to a couple of reasons such as prospect of textile product exports, rains that created fear of damage and restrained supplies and firmer conditions in world cotton markets. But by the
Published 29 Sep, 2008 12:00am
Licences of seven more travel agents cancelled

Licences of seven more travel agents cancelled

Department of Tourist Services, Federal Ministry of Tourism has cancelled seven more licenses of travel agents and tour operators for non-payment of annual renewal fee, submission of bank guarantee and violation of rules and regulations.
Published 29 Sep, 2008 12:00am
Flood protection wall completed in Mohmand Agency

Flood protection wall completed in Mohmand Agency

The government has completed construction work of the 400ft flood protection wall in Pratha Kale, Mohmand Agency at cost of over Rs 2.4 million, to protect 4,000 residences from flood.
Published 29 Sep, 2008 12:00am
1,100 schools being revitalised in AJK

1,100 schools being revitalised in AJK

Some 1,100 schools are being revitalised to strengthen the educational system in the quake-hit districts of Azad Kashmir, including Muzaffarabad, Bagh and Rawalakot in collaboration with the National Rural Support Program (NRSP) and the United States Agen
Published 29 Sep, 2008 12:00am
Mehfil-e-Shabeena in city

Mehfil-e-Shabeena in city

Thousands of people thronged to the mosques to offer special prayers and Nawafil during the night, seeking Allah's blessings and forgiveness for their sins. The Holy Prophet Hazrat Muhammad (PBUH) said, "Search for the night of power among odd nights of t
Published 29 Sep, 2008 12:00am
Kashmiris to observe right to 'self determination' day

Kashmiris to observe right to 'self determination' day

Kashmiri people dwelling both sides of the Line of Control (LoC) and rest of the world will observe right to self-determination day on October 14 under the auspices of All Parties Adhoc Committee for Right to Self-Determination.
Published 29 Sep, 2008 12:00am
Police deployed in passenger trains: IG Railways

Police deployed in passenger trains: IG Railways

Additional police have been deployed in all the passenger trains during the holy month of Ramazan across the country to ensure safety of travellers. Inspector General Pakistan Railways Police Mirza Muhammad Ali told APP here Sunday that police contingents
Published 29 Sep, 2008 12:00am
Kaira assures timely completion of projects

Kaira assures timely completion of projects

Punjab Finance and Planning and Development Minister Tanvir Ashraf Kaira has said that timely completion of development projects would be ensured and no delay would be tolerated for completion of development projects.
Published 29 Sep, 2008 12:00am
CCPO awards police officials

CCPO awards police officials

Capital City Police Officer (CCPO) Muhammad Pervez Rathore has given away cash prizes and commendatory certificates to 18 police officials for performing their duties efficiently.
Published 29 Sep, 2008 12:00am
Pakistani handicrafts have global demand

Pakistani handicrafts have global demand

'Pakistani handicrafts are in great demand in foreign countries and we can earn a lot of foreign exchange by exporting them,' the Chairman, Chief Minister's Task Force for Industrial Development and SME's, Yawar Irfan Khan said.
Published 29 Sep, 2008 12:00am
New industrial units could fight unemployment

New industrial units could fight unemployment

The Founders' Chairman, Dr Khalid Javed Chowdhry on Sunday has said that setting up new industrial units could only fight the dangerously increasing unemployment. He said the government is not solely responsible for resolving issues, the industrialists an
Published 29 Sep, 2008 12:00am
Government focusing on achieving export target of $22.1 billion

Government focusing on achieving export target of $22.1 billion

The government is focusing on the diversified sectors to achieve the export target of US $22.1 billion set for the current financial year. Sources told agency that a series of steps have been taken to boost exports of pharmaceutical items, gems and stones
Published 29 Sep, 2008 12:00am
World Heart Day observed

World Heart Day observed

Punjab Population Welfare Minister Neelam Jabbar Chaudhry stressed upon the doctors to launch massive awareness campaign for sensitising the people about hazardous aspects of smoking with a view to preventing cardiovascular diseases and various types of l
Published 29 Sep, 2008 12:00am
Railways unable to run enough Eid trains

Railways unable to run enough Eid trains

Pakistan Railways has failed to keep its legacy of running more than a dozen Eid Special Trains on Eid-ul-Fitr as Railway authorities have announced to run only five Eid Special trains this year. These trains will be run between various cities of the coun
Published 29 Sep, 2008 12:00am
STC holds photo-exhibition

STC holds photo-exhibition

A photographic exhibition was organised by Sarhad Tourism Corporation (STC) in connection with the celebration of the World Tourism Day on (September 27), at Green Hut, near Garrison Park.
Published 29 Sep, 2008 12:00am
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