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Print - 2008-10-26
5,000 children under five years die annually

5,000 children under five years die annually

Around 5,000 children of under-five years of age lose their lives every year in Pakistan because of different diseases and non-availability of resources. The Director General of Sindh Health Department Ghulam Nabi Memon inaugurated the day-long national s
Published 26 Oct, 2008 12:00am
Sixth Endocrine Symposium on November 1

Sixth Endocrine Symposium on November 1

Pakistan Endocrine Society here on Saturday announced to hold its two-day 6th National Endocrine Symposium from November 1 to 2. The event will comprise state-of-the-art lectures by international speakers, Satellite Symposium, Plenary Sessions, meet the e
Published 26 Oct, 2008 12:00am
Commuters decry increase in transport fares

Commuters decry increase in transport fares

Public transport owners in twin cities of Rawalpindi-Islamabad have increased fares, which is causing daily brawl between conductors and passengers. The daily travellers in public transport have demanded of the authorities concerned to take notice of the
Published 26 Oct, 2008 12:00am
'16 million went below poverty line during previous government'

'16 million went below poverty line during previous government'

Former finance minister Sartaj Aziz said on Saturday that about 16 million more people went below poverty line during the previous regime due to inadequate economic policies. Talking to a private TV channel, he said, according to a survey, presently about
Published 26 Oct, 2008 12:00am
Infections control seminar on November 9

Infections control seminar on November 9

The Aga Khan University Hospital will hold a day-long 'Infection Control Seminar-cum-Workshop' on November 9, for all interested in 'Standard Infection Control Practices'. The program is being organised as a part of pre-conference activity of Internationa
Published 26 Oct, 2008 12:00am
Of rumours and banks

Of rumours and banks

Recently, frantic rumours came into light urging citizens to withdraw all their money from bank accounts and valuables from lockers as it was not safe to keep anything in the bank's custody anymore. They stated that all banks are facing a severe liquidity
Published 26 Oct, 2008 12:00am
American Dream fades for New York immigrants

American Dream fades for New York immigrants

The immigrants gathered at dawn to chase the American Dream, but as fast as the sun soared over New York, so the dream slid from their grasp. About 60 men wearing boots, jeans and sweatshirts, most of them illegal immigrants from Latin America, stood sile
Published 26 Oct, 2008 12:00am
Land ownership in Pakistan

Land ownership in Pakistan

POVERTY AND LANDOWNERSHIP: Land ownership determines the fate of people in Pakistan. All poor in the country are landless people either in Rural or Urban area. The large number of poor, demand a study as to how people become owners of land and prop
Published 26 Oct, 2008 12:00am
Taking bitterness out of sugar

Taking bitterness out of sugar

Coming in the midst of a welcome change in the conflicting viewpoints of the government and the industry on matters relating to the sugar economy, it is heartening to learn from a Recorder Report that the Economic Monitoring Committee (EMC), in its
Published 26 Oct, 2008 12:00am
Uniform power tariff

Uniform power tariff

President Asif Zardari and Prime Minister Yousuf Raza Gilani, taking a serious note of different power tariff in different parts of Pakistan, have directed the Ministry of Water and Power to ensure enforcement of a uniform tariff structure across the coun
Published 26 Oct, 2008 12:00am
Punjab releases wheat products to NWFP daily

Punjab releases wheat products to NWFP daily

Punjab food department is providing flour, maida to the NWFP government on daily basis in line with the agreement reached between governments of the Punjab and NWFP. This was stated by the Director Food Punjab, Waseem Mukhtar while talking to journalists,
Published 26 Oct, 2008 12:00am
Janoo elected Reap chairman unopposed

Janoo elected Reap chairman unopposed

Abdul Rahim Janoo has been elected unopposed as Chairman, Rice Exporters Association of Pakistan (Reap) for the year 2008-09, while Mian Haroon ur Rashid and Rafique Suleman have been elected unopposed as Vice-Chairman and Treasurer, respectively.
Published 26 Oct, 2008 12:00am
PML-Q to file references against forward bloc members: Elahi

PML-Q to file references against forward bloc members: Elahi

Central leader of Pakistan Muslim League-Q Chaudhry Pervaiz Elahi said on Saturday said that there existed complete unity in the ranks of the PML-Q. The PML-Q leadership and workers in the present difficult days of the country's politics would continue to
Published 26 Oct, 2008 12:00am
Research on cultivation of conventional, non-conventional crops

Research on cultivation of conventional, non-conventional crops

The Vegetable Research Project of Department of Botany, Punjab University is in progress for the cultivation of conventional and non-conventional crops. Research is being carried on the cultivation of various vegetables including tomato, cucumber, radish,
Published 26 Oct, 2008 12:00am
List of candidates for MBBS admission

List of candidates for MBBS admission

University of Health Sciences (UHS) Lahore has displayed the first consolidated selection list of candidates seeking admission into first year MBBS in government medical colleges of the Punjab. According to the list, which has been displayed in UHS, all p
Published 26 Oct, 2008 12:00am
'Huge quantity of flour being smuggled to Afghanistan'

'Huge quantity of flour being smuggled to Afghanistan'

In spite of the tall claims of the government about the abundant supply of flour across the country, the Federal Capital is still crying for the attention of the authorities to take any action against the culprits who have smuggled a huge quantity of flou
Published 26 Oct, 2008 12:00am
Fehmida urges women's role in war on terror

Fehmida urges women's role in war on terror

National Assembly Speaker Dr Fahmida Mirza has said that the war against terrorism cannot be won without widespread support of the nation. She was addressing the passing-out ceremony of Lady Ranger Officers at Pakistan Rangers Headquarters here on Saturda
Published 26 Oct, 2008 12:00am
Two flourmills' wheat quota suspended

Two flourmills' wheat quota suspended

The Department of Food NWFP suspended the wheat quota of two flourmills one each in district Charsadda and Peshawar due to involvement in illegal business. The raid was conducted on the directive of the District Co-ordination Officer Peshawar.
Published 26 Oct, 2008 12:00am
LHC constitutes benches for pending cases

LHC constitutes benches for pending cases

The Chief Justice of the Lahore High Court (LHC) has constitute d ten divisional benches and 21 single benches for the disposal of cases pending before the court at its principal seat in next week commencing from Monday, October 27.
Published 26 Oct, 2008 12:00am
Supreme Court disposes of 377 cases in a week

Supreme Court disposes of 377 cases in a week

The Supreme Court of Pakistan has disposed of 377 cases whereas 245 new cases have been instituted during the period from Saturday to Friday (October 18 to 24). The Supreme Court of Pakistan at Principal seat disposed of 98 cases, at Lahore Branch Registr
Published 26 Oct, 2008 12:00am
NDMA reviews progress of GLOF risk reduction

NDMA reviews progress of GLOF risk reduction

National Disaster Management Authority (NDMA) held a consultative meeting here on Saturday to review different matters relating to the Regional Glacial Lake Outburst Floods (GLOFs) Risk Mitigation project, which is being implemented in the Himalayan regio
Published 26 Oct, 2008 12:00am
'Family welfare centres backbone of healthcare system'

'Family welfare centres backbone of healthcare system'

The Population Welfare Department is going to distribute sewing machines among the deserving women while women folk will be empowered in all sections of society. Punjab Minister for Population Welfare Neelam Jabbar Chaudhry said here on Saturday that wome
Published 26 Oct, 2008 12:00am
Rs 300 million given for crop insurance in NWFP

Rs 300 million given for crop insurance in NWFP

The NWFP Minister for Agriculture, Arbab Muhammad Ayub Jan has said that the government has given Rs 300 million to the Bank of Khyber (BoK), where the farmers could insure their crops free of cost. However, the owners of twelve and half acre of land woul
Published 26 Oct, 2008 12:00am
Traders cancel Rs 5.5 billion import orders

Traders cancel Rs 5.5 billion import orders

Traders have cancelled import orders worth Rs 5.5 billion keeping in view the fast depleting foreign exchange reserves in the country. Chairman Trader Action Committee (TAC) Siddique Memon said that traders had contracted for the import of 85 items from C
Published 26 Oct, 2008 12:00am
Microsoft Pakistan introduces lower prices for home users

Microsoft Pakistan introduces lower prices for home users

Microsoft in spirit of true innovation launched its "Fully Packaged Products" for the general consumer market aimed specifically at students and individual home users. The FPP offering introduces genuine MS Office in home and student editions at a price 4
Published 26 Oct, 2008 12:00am
Faisal Karim for early completion of CRBC

Faisal Karim for early completion of CRBC

Deputy Speaker National Assembly Faisal Karim Kundi has directed Irrigation Department NWFP and Wapda to intensify the pace of work at CRBC projecting to provide irrigation water to the fertile lands of D I Khan and adjoining district. He said this while
Published 26 Oct, 2008 12:00am
Seventh graduation ceremony of ACCA Pakistan held

Seventh graduation ceremony of ACCA Pakistan held

Sindh Minister for Information Shazia Marri said that ACCA Pakistan has set a legacy of producing qualified professionals with strategic skills, knowledge and professional values, which has set a high standard for the rest to follow. This she said while s
Published 26 Oct, 2008 12:00am
No official nameplates in Sindh Home Department

No official nameplates in Sindh Home Department

Making it hard for visitors, particularly those from media, to find the office of a government official. Sindh government has not bothered to install official nameplates, with complete designation outside the offices in Home Department.
Published 26 Oct, 2008 12:00am
Third death anniversary of Gee-Gee Zarina Baloch observed

Third death anniversary of Gee-Gee Zarina Baloch observed

In order to mark the third death anniversary of renowned vocalist, popularly known as Gee-Gee Zarina Baloch, the Provincial Culture Department organised different programmes in collaboration with University of Sindh and other cultural organisations here o
Published 26 Oct, 2008 12:00am
Raza condoles with Professor Ghafoor

Raza condoles with Professor Ghafoor

Leader of the House in Senate, Mian Raza Rabbani has expressed their grief and sorrow over the death of wife of Naib Amir Jamaat-i-Islami Professor Ghafoor Ahmed. In his condolence messages, Mian Raza Rabbani prayed to Allah Almighty to rest the departed
Published 26 Oct, 2008 12:00am
SBP issues licence to Kashf Microfinance Bank

SBP issues licence to Kashf Microfinance Bank

The State Bank of Pakistan has issued licence to Kashf Microfinance Bank Limited which will commence its operations with effect from 27th October, 2008. Kashf Microfinance Bank Limited will offer a variety of financial products/services including savings,
Published 26 Oct, 2008 12:00am
Corps commander visits Kotri exercise area

Corps commander visits Kotri exercise area

Corps Commander Karachi, Lieutenant General Shahid Iqbal visited the exercise area near Kotri and urged the participating troops to train with utmost zeal to maintain edge overall adversaries. He was addressing the troops at the field firing and battle in
Published 26 Oct, 2008 12:00am
Shopkeepers blame power outages for decline in business

Shopkeepers blame power outages for decline in business

Business activities at the Hussain Agahi Road and other City markets have been affected by frequent power outages. Shopkeepers, especially cellphone, television, tape-recorder, video-recorder mechanics, have been badly affected, as they are unable to retu
Published 26 Oct, 2008 12:00am
Minfal to facilitate women farmers in dairy sector

Minfal to facilitate women farmers in dairy sector

To facilitate women farmers in preservation and marketing of dairy products like milk, butter, cheese, yogurt, the Ministry of Food, Agriculture and Livestock (Minfal) plans to launch a five-year project in the months ahead.
Published 26 Oct, 2008 12:00am
HEC workshop on research proposal writing skills

HEC workshop on research proposal writing skills

The Higher Education Commission (HEC) held a workshop to equip the faculty members of Balochistan University Quetta with research proposal writing skills. Balochistan University Vice-Chancellor Professor Dr Muhammad Masoom Yasinazi was the chief guest at
Published 26 Oct, 2008 12:00am
One killed, another injured on personal enmity

One killed, another injured on personal enmity

A young man was killed while his brother was severely injured in a village near Nowsheran Virkan due to personal enmity, on late Friday. According to police, Zulfiqar Ahmed was beaten to death by six men while his brother Iftikhar Ahmed was severely injur
Published 26 Oct, 2008 12:00am
Two criminals arrested

Two criminals arrested

Investigation Police Ichhar have arrested two criminals of Imran alias Kala Choor gang involved in a number of incidents of street crimes and seized motorcycle, cell phone as well as illegal weapons from them. The accuseds have confessed to 13 such incide
Published 26 Oct, 2008 12:00am
Arrest of Hurriyet leaders in IHK condemned

Arrest of Hurriyet leaders in IHK condemned

The Acting Chairperson of Dukhtaran-e-Milat, Rifat Fatima in occupied Kashmir, has strongly condemned arrest of the Chairman of Jammu and Kashmir Liberation Front, Mohammad Yasin Malik, the Jammu and Kashmir Co-ordination Committee member, Maulana Showkat
Published 26 Oct, 2008 12:00am
72,489 cusecs water released from reservoirs

72,489 cusecs water released from reservoirs

Indus River System Authority (IRSA) on Saturday released 72,489 cusecs water from various rim stations. According to IRSA, an overall water inflow from various reservoirs was recorded at 55,488 cusecs. The water level at Tarbela Dam recorded on Thursday w
Published 26 Oct, 2008 12:00am
PCGA decides to export ginned cotton

PCGA decides to export ginned cotton

Pakistan Cotton Ginners Association (PCGA) has decided to export the ginned cotton to come out of the crisis because Textile cartel was not purchasing the cotton from the ginneries to bring the rates at the lowest ebb.
Published 26 Oct, 2008 12:00am
ASF approves two projects under research and development category

ASF approves two projects under research and development category

Agribusiness Support Fund (ASF) approved two projects under the research and development category. The first was "Enhancement in quality of fruits like Mango and "Kinno" and quantity of fruit production through development of pollination industry" focusin
Published 26 Oct, 2008 12:00am
60 percent interim relief for power consumers hailed

60 percent interim relief for power consumers hailed

President Sialkot Chamber of Commerce and Industry (SCCI) Dr Khurram Anwar Khawaja has hailed the decision of the government for providing 60 percent interim relief to the power consumers. Talking to Business Recorder here on Saturday he added that
Published 26 Oct, 2008 12:00am
Call for quick decision to reduce power tariff

Call for quick decision to reduce power tariff

At this hour of need when country is facing challenges of economic crisis, government should pay heed to reduce the power tariff to give maximum relief to masses and address the law and order problems, said Senator Talha Mehmood, Chairman Senate Standing
Published 26 Oct, 2008 12:00am
Athar appointed as caretaker president of MHCBA

Athar appointed as caretaker president of MHCBA

The Pakistan Bar Council (PBC) replaced the Multan presiding officer for the Supreme Court Bar Association (SCBA) elections scheduled on October 28. Athar Hasan Shah has been appointed as caretaker president of the Multan High Court Bar Association (MHCBA
Published 26 Oct, 2008 12:00am
32 percent Pakistanis facing hunger

32 percent Pakistanis facing hunger

Thirty-two percent of Pakistanis say they have cut down on food because of rising prices, for which 70 percent of the population blame the government, a research group said on Friday. Soaring food prices and shortages of staples mean about 77 million of P
Published 26 Oct, 2008 12:00am
Government lauded for 40 percent relief on power bills

Government lauded for 40 percent relief on power bills

Muhammad Iqbal Ebrahim, Chairman, All Pakistan Textile Mills Association (Aptma) has lauded the decision of special committee constituted by the Prime Minister, Syed Yousuf Raza Gilani under the Chairmanship of Raja Pervez Ashraf, Minister for Water and P
Published 26 Oct, 2008 12:00am
Enforcement of flour prices: ACOA, district government sign agreement

Enforcement of flour prices: ACOA, district government sign agreement

The row in between Atta Chakki Owners Association (ACOA) and District Government Hyderabad on the supply of wheat and enforcement of flour prices came into end, while both parties inked an agreement, allowing chakki owners for selling their flour at the r
Published 26 Oct, 2008 12:00am
Workshop on haemophilia held at Pims

Workshop on haemophilia held at Pims

About 45 percent of the haemophiliacs suffer from various dental problems due to lack of proper care and education. This was discussed at an awareness workshop on the 'Psychosocial Issues which the Patients of Haemophilia and their Families Face' held her
Published 26 Oct, 2008 12:00am
Sri Lanka herbal cosmetic products exposition on October 27

Sri Lanka herbal cosmetic products exposition on October 27

The Consulate General of Sri Lanka in Karachi in collaboration with the Pakistan-Sri Lanka Business Forum (PSLBF) and the Pakistan Hairdressers and Beauticians Association (PHABA) is organising "Sri Lanka Herbal Cosmetic Products Expo" at the Khorsheed Ma
Published 26 Oct, 2008 12:00am
'Maulvi Umer killed in air strike'

'Maulvi Umer killed in air strike'

Maulvi Umer, an important leader of banned outfit Tehreek-i-Taliban Pakistan is reported to have been killed as a result of air strikes carried out by the security forces in Bajaur Agency on Saturday, a private TV channel reported. According to sources, t
Published 26 Oct, 2008 12:00am
SIUT conference: session on diabetic kidney disease held

SIUT conference: session on diabetic kidney disease held

A session on diabetic kidney disease was held on the concluding day of the 6th International Symposium of Urology, Nephrology and Transplantation of SlUT here on Saturday. During the session Professor K.S. Chugh talked about diabetic nephropathy to be the
Published 26 Oct, 2008 12:00am
Over 18,000 apply for 4,080 teachers' posts

Over 18,000 apply for 4,080 teachers' posts

The government has received more than 18,000 applications for 4,080 vacancies of schoolteachers, recently announced by the Sindh government. Pakistan People's Party led government in Sindh would recruit 4,080 new teachers in the department of education, p
Published 26 Oct, 2008 12:00am
Big cache of hashish seized

Big cache of hashish seized

A Customs Department Gwadar team recovered 5.5 metric tons of hashish near here, officials said on Saturday. On a tip off, the customs squad headed by Deputy Collector Gwadar Jameel Ahmed Baloch signalled a truck to stop but the driver sped it away to avo
Published 26 Oct, 2008 12:00am
Public support will eliminate terrorism, extremism: CoAS

Public support will eliminate terrorism, extremism: CoAS

Chief of Army Staff (CoAS) General Ashfaq Pervez Kiyani has said that ongoing menace of terrorism and extremism would be eliminated with the support of people. Addressing a passing out parade of 118th PMA long course here on Saturday.
Published 26 Oct, 2008 12:00am
Mirwaiz calls elections in occupied Kashmir a farce

Mirwaiz calls elections in occupied Kashmir a farce

The Chairman of All Parties Hurriyet Conference (APHC), Mirwaiz Umar Farooq, while terming the forthcoming so-called assembly elections as a futile exercise, has said that India has already taken a decision about who would form the next puppet administrat
Published 26 Oct, 2008 12:00am
Merit-based incentives, accountability for teachers underlined

Merit-based incentives, accountability for teachers underlined

For the success of the Continuous Professional Development (CPD) framework there is a need for merit-based incentives, accountability, encouragement and faith in teachers, balanced responsibility and authority, and a reporting system based on regular meet
Published 26 Oct, 2008 12:00am
Anti-encroachment campaign launched

Anti-encroachment campaign launched

A Town-wide campaign against encroachments on roads, footpaths, service roads, storm water drains and government installation has been launched in Shah Faisal Town. During an inspection visit of ongoing development works on Saturday, Town Nazim Karimuddin
Published 26 Oct, 2008 12:00am
Independent judiciary can ensure progress, prosperity: Shahbaz

Independent judiciary can ensure progress, prosperity: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said that to make Pakistan a stronger and stable country, our elders, leaders and all sections of society have to decide that we will not bow before foreigners and move ahead like a respectable nation. He expressed
Published 26 Oct, 2008 12:00am
Punjab carrying out massive literacy programmes

Punjab carrying out massive literacy programmes

Punjab government is carrying out various programmes to provide opportunity to an estimated 38 million illiterate and out-of-school population to return to education fold, as eradication of illiteracy is critical for achieving the Millennium Development G
Published 26 Oct, 2008 12:00am
'Passage of unanimous resolution victory of democratic forces'

'Passage of unanimous resolution victory of democratic forces'

Speaker National Assembly Dr Fahmida Mirza has termed the unanimous resolution passed by the parliament as a great victory of democratic forces of the country. Addressing a press conference at the residence of Senior Punjab Minister Raja Riaz here on Satu
Published 26 Oct, 2008 12:00am
Terrorism undermining security, economic growth: Zardari

Terrorism undermining security, economic growth: Zardari

The terrorism and extremism are undermining the security and economic growth of the country and it is need of the hour to make united efforts to defeat the elements involved in these heinous crimes, said President Asif Ali Zardari here on Saturday.
Published 26 Oct, 2008 12:00am
Poverty, inflation compel father to sell daughter

Poverty, inflation compel father to sell daughter

Perturbed by the unprecedented inflation and poverty, a resident of Quetta, Muhammad Riaz, sold his two-year old daughter at Rs 170,000, Aaj TV reported. According to the channel, the mother of the child, Rani Bibi, lodged a complaint with police t
Published 26 Oct, 2008 12:00am
PBC interfering in SCBA election: Aitzaz

PBC interfering in SCBA election: Aitzaz

President Supreme Court Bar Association (SCBA) Aitzaz Ahsan has said that Pakistan Bar Council (PBC) is interfering in the SCBA election and we are ignoring only to allow the election process to complete.
Published 26 Oct, 2008 12:00am
Stevedores to pay sales tax on cargo loading, unloading services

Stevedores to pay sales tax on cargo loading, unloading services

The Federal Board of Revenue (FBR) has decided to charge sales tax from stevedores, only on the services of loading and unloading of cargo from ships. Sources told Business Recorder on Saturday that old definition of 'stevedores' covers services of
Published 26 Oct, 2008 12:00am
Gilani holds meetings with Polish, Italian Prime Ministers

Gilani holds meetings with Polish, Italian Prime Ministers

Prime Minister Syed Yousuf Raza Gilani held separate meetings with Polish and Italian counterparts at the sidelines of ASEM Summit and discussed matters pertaining to expansion of bilateral co-operation. The Prime Minister told Polish Prime Minister Donal
Published 26 Oct, 2008 12:00am
Muslim women prime target of West: Qazi

Muslim women prime target of West: Qazi

Jamaat-i-Islami Ameer Qazi Hussain Ahmad has said that establishing just Islamic system having a balance between the rights of men and women is the need of the hour, private TV channel reported. He was addressing the women conference held on the second da
Published 26 Oct, 2008 12:00am
APC to review audit reports from November 3 to 12

APC to review audit reports from November 3 to 12

Public Account Committee (APC) Chairman Nisar Ali Khan has convened APC meetings from November 3 to 12 to review audit of annual accounts of 16 ministries and departments including Election Commission.
Published 26 Oct, 2008 12:00am
APC to review audit reports from November 3 to 12

APC to review audit reports from November 3 to 12

Public Account Committee (APC) Chairman Nisar Ali Khan has convened APC meetings from November 3 to 12 to review audit of annual accounts of 16 ministries and departments including Election Commission.
Published 26 Oct, 2008 12:00am
APC to review audit reports from November 3 to 12

APC to review audit reports from November 3 to 12

Public Account Committee (APC) Chairman Nisar Ali Khan has convened APC meetings from November 3 to 12 to review audit of annual accounts of 16 ministries and departments including Election Commission.
Published 26 Oct, 2008 12:00am
Punjab farmers not satisfied with Indo-Pak water talks

Punjab farmers not satisfied with Indo-Pak water talks

Various bodies of Punjab farmers have expressed their dissatisfaction over the inconclusive talks between Pakistan''s Indus Water Commissioner and his Indian counterpart in New Delhi to resolve the river Chenab water dispute.
Published 26 Oct, 2008 12:00am
Punjab farmers not satisfied with Indo-Pak water talks

Punjab farmers not satisfied with Indo-Pak water talks

Various bodies of Punjab farmers have expressed their dissatisfaction over the inconclusive talks between Pakistan's Indus Water Commissioner and his Indian counterpart in New Delhi to resolve the river Chenab water dispute.
Published 26 Oct, 2008 12:00am
Punjab farmers not satisfied with Indo-Pak water talks

Punjab farmers not satisfied with Indo-Pak water talks

Various bodies of Punjab farmers have expressed their dissatisfaction over the inconclusive talks between Pakistan's Indus Water Commissioner and his Indian counterpart in New Delhi to resolve the river Chenab water dispute.
Published 26 Oct, 2008 12:00am
Investment banks, leasing companies face tough challenges

Investment banks, leasing companies face tough challenges

The performance of investment banks and leasing companies could be weakened, going forward, according to Pakistan Credit Rating Agency (Pacra). Various broad socio-economic risks, including widening fiscal deficit, slowing GDP growth, rising inflation, sq
Published 26 Oct, 2008 12:00am
Investment banks, leasing companies face tough challenges

Investment banks, leasing companies face tough challenges

The performance of investment banks and leasing companies could be weakened, going forward, according to Pakistan Credit Rating Agency (Pacra). Various broad socio-economic risks, including widening fiscal deficit, slowing GDP growth, rising inflation, sq
Published 26 Oct, 2008 12:00am
Investment banks, leasing companies face tough challenges

Investment banks, leasing companies face tough challenges

The performance of investment banks and leasing companies could be weakened, going forward, according to Pakistan Credit Rating Agency (Pacra). Various broad socio-economic risks, including widening fiscal deficit, slowing GDP growth, rising inflation, sq
Published 26 Oct, 2008 12:00am
Ginners demand support price for raw cotton: procurement suspended

Ginners demand support price for raw cotton: procurement suspended

Ginners have suspended purchase of cotton from the farmers for an indefinite period starting from October 25, till their demands are accepted decided to stop procuring raw cotton till the government announces a support price for cotton and its purchase th
Published 26 Oct, 2008 12:00am
Manpower export talks with France and Italy inconclusive

Manpower export talks with France and Italy inconclusive

The negotiations between European countries and Pakistan government to recruit local manpower have met a dead end owing to law and order situation in the country. Sources in Overseas Employment Corporation (OEC) told Business Recorder on Saturday t
Published 26 Oct, 2008 12:00am
Manpower export talks with France and Italy inconclusive

Manpower export talks with France and Italy inconclusive

The negotiations between European countries and Pakistan government to recruit local manpower have met a dead end owing to law and order situation in the country. Sources in Overseas Employment Corporation (OEC) told Business Recorder on Saturday t
Published 26 Oct, 2008 12:00am
Manpower export talks with France and Italy inconclusive

Manpower export talks with France and Italy inconclusive

The negotiations between European countries and Pakistan government to recruit local manpower have met a dead end owing to law and order situation in the country. Sources in Overseas Employment Corporation (OEC) told Business Recorder on Saturday t
Published 26 Oct, 2008 12:00am
88 would-be migrants found crammed into truck outside Ankara

88 would-be migrants found crammed into truck outside Ankara

Turkish military police Saturday detained 88 foreigners found packed inside the back of a truck just outside Ankara, the Anadolu news agency reported. Gendarmes, military police responsible for security in rural areas, discovered the would-be migrants dur
Published 26 Oct, 2008 12:00am
88 would-be migrants found crammed into truck outside Ankara

88 would-be migrants found crammed into truck outside Ankara

Turkish military police Saturday detained 88 foreigners found packed inside the back of a truck just outside Ankara, the Anadolu news agency reported. Gendarmes, military police responsible for security in rural areas, discovered the would-be migrants dur
Published 26 Oct, 2008 12:00am
Briton, South African, Afghan killed in Kabul shoot-out

Briton, South African, Afghan killed in Kabul shoot-out

One British and one South African employee of the international courier company DHL, together with an Afghan guard, were killed in a shoot-out in the heart of the Afghan capital on Saturday, officials said.
Published 26 Oct, 2008 12:00am
Briton, South African, Afghan killed in Kabul shoot-out

Briton, South African, Afghan killed in Kabul shoot-out

One British and one South African employee of the international courier company DHL, together with an Afghan guard, were killed in a shoot-out in the heart of the Afghan capital on Saturday, officials said.
Published 26 Oct, 2008 12:00am
Kidnappers seize Israeli in Ghana

Kidnappers seize Israeli in Ghana

Unknown kidnappers have seized an Israeli businessman in Ghana, and are demanding 300,000 dollars for his release, a security official said Friday. National Security Co-ordinator Sam Amoo told journalists the kidnappers contacted the businessman's relativ
Published 26 Oct, 2008 12:00am
US pledges extra $320 million for bird flu fight

US pledges extra $320 million for bird flu fight

The United States pledged an additional $320 million to the global fight against bird flu and warned on Saturday against complacency in combating the virus, which could mutate and cause a deadly pandemic. The figure brings to $949 million Washington's tot
Published 26 Oct, 2008 12:00am
China, Vietnam seek sea border resolution 'this year'

China, Vietnam seek sea border resolution 'this year'

China and Vietnam have agreed to find a solution to a festering maritime territorial dispute this year, the two sides said in a joint statement in Beijing. The two countries dispute sovereignty over the Spratly Islands, a string of rocky outcrops in the S
Published 26 Oct, 2008 12:00am
Aid airlift after more than 60 killed in Yemen storms

Aid airlift after more than 60 killed in Yemen storms

Aid operations swung into higher gear in Yemen on Saturday after floods killed at least 58 people and six more died from lightning strikes during two days of fierce storms. The interior ministry, updating an earlier toll, said at least 58 people died in f
Published 26 Oct, 2008 12:00am
Bush renews support for Georgia, Ukraine Nato entry

Bush renews support for Georgia, Ukraine Nato entry

US President George W. Bush on Friday assured Georgia and Ukraine of US support for both former Soviet states to join the Nato alliance despite Russia's fierce opposition. "Other nations seek a path to Nato membership, and they have the full support of th
Published 26 Oct, 2008 12:00am
BOT basis: Chinese company ready to build Kohala hydel project

BOT basis: Chinese company ready to build Kohala hydel project

A Chinese firm, China International Water and Electric Corporation (CWE), has consented to invest in the 1100 mw Kohala hydropower project on ''Build, Operate, Transfer'' (BOT) basis. The vice-president of the company, Wang said this in a meeting with the
Published 26 Oct, 2008 12:00am
BOT basis: Chinese company ready to build Kohala hydel project

BOT basis: Chinese company ready to build Kohala hydel project

A Chinese firm, China International Water and Electric Corporation (CWE), has consented to invest in the 1100 mw Kohala hydropower project on 'Build, Operate, Transfer' (BOT) basis. The vice-president of the company, Wang said this in a meeting with the M
Published 26 Oct, 2008 12:00am
BOT basis: Chinese company ready to build Kohala hydel project

BOT basis: Chinese company ready to build Kohala hydel project

A Chinese firm, China International Water and Electric Corporation (CWE), has consented to invest in the 1100 mw Kohala hydropower project on 'Build, Operate, Transfer' (BOT) basis. The vice-president of the company, Wang said this in a meeting with the M
Published 26 Oct, 2008 12:00am
Ministry asked to set up power plants to overcome crisis

Ministry asked to set up power plants to overcome crisis

President Asif Ali Zardari on Saturday directed the Water and Power Ministry to step up power plants for overcoming the severe power crisis being confronted by the country. He said this while chairing an emergency meeting on power situation held here at t
Published 26 Oct, 2008 12:00am
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