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Nov 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2008-11-19
PCB's same old story

PCB's same old story

After reading your editorial "The same old story at the PCB" I find myself agreeing with your viewpoint about the present set-up and the working of the Pakistan Cricket Board (PCB). You have rightly summed up your write-up about the management of the PCB
Published 19 Nov, 2008 12:00am
Western propaganda

Western propaganda

Pakistan economy watch reports term globalisation, deregulation as more dangerous than third world war, especially for developing countries. The report estimates that more than fifty billion people will come below poverty line in this year, due to western
Published 19 Nov, 2008 12:00am
Elitist image dogs Britain's Conservatives

Elitist image dogs Britain's Conservatives

As Britain hurtles into the deepest slowdown in more than 15 years, a party funding scandal has reminded the country of its most enduring schism: class. This does not bode well for the opposition Conservatives. In a more buoyant climate the scandal -- inv
Published 19 Nov, 2008 12:00am
Good Morning: her 'beauty conveyed the agony' of earthquake victims

Good Morning: her 'beauty conveyed the agony' of earthquake victims

It is certainly seldom that there is focus on photojournalism in this country. A close-up on a subject that is an integral and sometimes decisive aspect of mass media - perhaps the print media in particular. And taking into account the times that we live
Published 19 Nov, 2008 12:00am
A Samurai's Confessions: The Global Financial Summit: Bretton Woods II?

A Samurai's Confessions: The Global Financial Summit: Bretton Woods II?

In the midst of the global financial meltdown that was originated in Wall Street, New York, for the first time, the G- 8 countries, met with emerging economies of the G-20 countries in an international conference dubbed as the world financial summit in Wa
Published 19 Nov, 2008 12:00am
Need to make the CGA independent

Need to make the CGA independent

In an exclusive report the Business Recorder has revealed that the Controller General of Accounts (CGA) has moved a summary to the Ministry of Finance for establishing a private limited company with the objective of maintaining accurate financial r
Published 19 Nov, 2008 12:00am
Karzai's offer to the Taliban

Karzai's offer to the Taliban

Artfully hidden behind a camouflage of some new 'ifs', Afghan President Hamid Karzai has again invited Taliban leadership to peace parleys. This time he has promised security if Taliban leader Mullah Omar agreed to enter peace talks even if the United Sta
Published 19 Nov, 2008 12:00am
Gang busted, four outlaws held

Gang busted, four outlaws held

CIA Police, Iqbal Town division, have busted a gang of criminals involved in a number of incidents, including snatching of motorcycle and other valuables and also arrested its four members and seized cash, cell phones, motorcycles as well as illegal weapo
Published 19 Nov, 2008 12:00am
Special body to recommend issuing route permit

Special body to recommend issuing route permit

The provincial government of NWFP Tuesday constituted a special committee to carry out survey and recommend issuance of more route permits to buses, taxis, auto-rickshaws in Peshawar city.
Published 19 Nov, 2008 12:00am
NWFP to introduce new wheat and maize varieties

NWFP to introduce new wheat and maize varieties

NWFP Minister for Agriculture Arbab Mohammad Ayub Jan on Tuesday said that agriculture research would be increased for introducing various new wheat and maize seeds to enhance productivity of these products in the province. He was presiding over the 29th
Published 19 Nov, 2008 12:00am
Pharmaceutical companies can't achieve exports target amid world crisis

Pharmaceutical companies can't achieve exports target amid world crisis

The pharmaceutical exports target of one billion dollars is unlikely to be met due prevailing global and national unfavourable circumstances. Pakistan Pharmaceutical Manufacturers Association (PPMA), which is leading some 450 local pharmaceutical industri
Published 19 Nov, 2008 12:00am
Sindh government to build one million low-cost houses for poor

Sindh government to build one million low-cost houses for poor

The Sindh government has decided, in principle, to construct about one million low-cost houses for homeless or poor people in 19 districts of the province. The government has also earmarked Rs 2 billion for the project, to be completed in collaboration wi
Published 19 Nov, 2008 12:00am
Traders urge government to restore old power tariff

Traders urge government to restore old power tariff

Chairman, All Pakistan Organisation of Small Traders and Cottage Industries, Haji Muhammad Haroon Memon has said that the ministry of water and power announced the reduction of 13 per cent of electricity tariff without taking traders into confidence.
Published 19 Nov, 2008 12:00am
Land Mark Plaza fire controlled

Land Mark Plaza fire controlled

Fire-fighters have extinguished the fire that has damaged a portion of a computer office on the second floor of Land Mark Plaza located at I I Chundrigar road, fire brigade sources said here on Tuesday. Chief fire officer, Saleem Ehtesham, said that fire-
Published 19 Nov, 2008 12:00am
Free eye camp

Free eye camp

The fifth 3-day 'Rehmatullil Aalameen' free eye camp will be commmenced here on Friday, November 21 The eye camp will be held at Ahmed Health Centre here under the patronage of social worker Chaudhry Zulfiqar Ahmed. Eye specialist Dr Mazhar Saeed and othe
Published 19 Nov, 2008 12:00am
Criminals' gang busted

Criminals' gang busted

CIA Police City division have busted a gang of criminals involved in a number of incidents of street crimes, dacoity, cash snatching and arrested its seven members and seized looted property as well as illegal weapons from them. The accused have confessed
Published 19 Nov, 2008 12:00am
Meetings on police reforms start from November 20

Meetings on police reforms start from November 20

A series of consultative meetings has been planned for police interaction and training for improved policing of human rights' violations and advocating police reform by 'Shehri-Citizens for Better Environment' (CBE) under its national project for particip
Published 19 Nov, 2008 12:00am
Three killed in violent acts

Three killed in violent acts

At least three people were killed in different incidents in city on Monday. Police sources told Business Recorder that 40-year-old unknown man was shot dead in an encounter when he was fleeing after committing theft near Gulistan-e-Jauhar. Later, h
Published 19 Nov, 2008 12:00am
CDGK restarts drive against polythene bags

CDGK restarts drive against polythene bags

City District Government Karachi has decided to restart operation against polythene bags as it was temporarily suspended due to the ongoing negotiation with the manufacturers. In a press release issued here on Tuesday City Nazim Mustafa Kamal said that du
Published 19 Nov, 2008 12:00am
Seminar on child abuse today

Seminar on child abuse today

A seminar on child abuse will be held under the aegis of a non-government organisation at a local hotel on Wednesday, in connection with the World Children Day. The seminar arranged by NGO 'Sahil' aimed at creating awareness about the issue of sexual abus
Published 19 Nov, 2008 12:00am
More winter rains expected

More winter rains expected

More winter rains is expected on November 20 in the upper parts of the country, and it would be scattered rain. According to a meteorological official here on Tuesday, a westerly weather system is likely to approach upper parts of the country in the few d
Published 19 Nov, 2008 12:00am
Body to review development projects

Body to review development projects

All development projects with less than 80 percent work completed are expected to be reviewed by a committee, which will decide whether the projects should be continued or scrapped, reliable sources in the Planning Commission told Business Recorder </i
Published 19 Nov, 2008 12:00am
Reduction in POL prices: IHC reissues notice to Petroleum Ministry

Reduction in POL prices: IHC reissues notice to Petroleum Ministry

The Islamabad High Court (IHC) on Tuesday reissued notice to Secretary Ministry of Petroleum and Natural Resources pertaining to a petition seeking reduction in prices of petroleum products. A single member bench of Chief Justice Sardar Muhammad Aslam is
Published 19 Nov, 2008 12:00am
Courts disposed of 1534 cases in October

Courts disposed of 1534 cases in October

The courts of District Khanewal disposed of 1534 cases in October, while 2644 are still pending in different courts. The District and Sessions Judge, Kazim Raza Shamsi, said that the courts are working to dispense justice. He said the courts' duty is to s
Published 19 Nov, 2008 12:00am
LHC adjourns hearing

LHC adjourns hearing

The Lahore High Court (LHC) has adjourned hearing against fashion model Khushbakht Mirza, alias Sofia Mirza, for November 21 in a petition filed by her ex husband seeking custody of his twin daughters, as petitioner counsel sought time for short adjournme
Published 19 Nov, 2008 12:00am
Businessman Forum and BP heading for showdown in SCCI polls

Businessman Forum and BP heading for showdown in SCCI polls

Businessman Forum (BF) and Businessman Panel (BP) are heading for a showdown in the annual elections of Sarhad Chamber of Commerce & Industry (SCCI) scheduled for November 22. The elections are being held under Trade Organisations Rules (TOR-2007).
Published 19 Nov, 2008 12:00am
UNDP launches book on Baloch communities' conservation efforts

UNDP launches book on Baloch communities' conservation efforts

The tribal community of Balochistan generates about US $0.2 million per year through their innovative environmental conservation efforts, says a book titled 'A Treasure in My Backyard: Suleiman Markhor", launched here on Tuesday by the United Nations Deve
Published 19 Nov, 2008 12:00am
Italy willing to boost Pakistan's economy through investments

Italy willing to boost Pakistan's economy through investments

Italy will invest in different sectors of Pakistan, including energy, textile, agriculture and marble sectors, to boost its economy. This was stated by Italian Ambassador Vincenzo Prati during a press conference along with the Chairman of the Board of Inv
Published 19 Nov, 2008 12:00am
Female Award: committee to identify outstanding women

Female Award: committee to identify outstanding women

NWFP Minister for Social Welfare and Women Development, Sitara Ayaz on Tuesday constituted a three-member committee to identify the services of outstanding women of NWFP for the award in different fields at national and international level.
Published 19 Nov, 2008 12:00am
The Weather

The Weather

The weather report on Tuesday (November 18, 2008) and the forecast for Wednesday (November 19, 2008).

Published 19 Nov, 2008 12:00am
'Pakistan is ahead of goals set by Sacosan on sanitation'

'Pakistan is ahead of goals set by Sacosan on sanitation'

Hamidullah Jan Afridi, Minister for Environment has said that Pakistan is ahead of goals set by South Asian countries with regards to sanitation. Talking to APP on arrival here, he said out of 500 villages, Pakistan has improved sanitation conditions in 4
Published 19 Nov, 2008 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 19 Nov, 2008 12:00am
Punjab, CNCEC sign protocol of projects cooperation

Punjab, CNCEC sign protocol of projects cooperation

A protocol of projects co-operation between Punjab government and China's top entrepreneur was signed here on the second day of Punjab Chief Minister Mohammad Shahbaz Sharif visit to China on Tuesday.
Published 19 Nov, 2008 12:00am
Environment Protection Act: notices issued to new Tanneries

Environment Protection Act: notices issued to new Tanneries

Deputy Director Environment Shahid Mehmood said that fresh notices have been issued to six newly established tanneries on Lahore-Ferozpur road under Environment Protection Act, on Tuesday. These notices were served on Riaz Tannery, Syed Akram, Sovineer Ta
Published 19 Nov, 2008 12:00am
MGAP holds mango tree plantation ceremony

MGAP holds mango tree plantation ceremony

Cantonment Board Multan (CBM) in collaboration with Mango Growers Association Pakistan (MGAP) planted a mango sapling in the Cantonment Garden, Multan. District Nazim Multan, Mian Faisal Mukhtar besides a large number of members of the Mango Growers Assoc
Published 19 Nov, 2008 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 19 Nov, 2008 12:00am
18 Hindu Yatrees injured as bus falls into ditch

18 Hindu Yatrees injured as bus falls into ditch

Eighteen Hindu Yatrees, including five women, were injured when their bus fell into a ditch at Head Muhammad Wala near here on Tuesday. Hindu Yatrees, belonging to Kashmor and Jacobabad (Sindh) were returning from India, via Wahga border, when their bus m
Published 19 Nov, 2008 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 19 Nov, 2008 12:00am
Alumni Association meets on November 29

Alumni Association meets on November 29

First ever meeting of Alumni Association of Faculty of Veterinary Science, University of Agriculture, Faisalabad would be held on Saturday (November 29) at 10:00 am in Iqbal Auditorium. The Faculty of Veterinary Sciences of the University was established
Published 19 Nov, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 18, 2008).

Published 19 Nov, 2008 12:00am
Workshop on 'Team Building and Change Management'

Workshop on 'Team Building and Change Management'

The Faculty of Life Sciences Business Management of the University of Veterinary and Animal Sciences, (UVAS), Lahore, arranged a three-day workshop on "Team Building and Change Management" for the senior professionals of the Livestock and Dairy Developmen
Published 19 Nov, 2008 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 18, 2008).

Published 19 Nov, 2008 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 18, 2008).

Published 19 Nov, 2008 12:00am
Medical students urged to follow code of conduct

Medical students urged to follow code of conduct

We all have good expectations from young doctors for a better healthcare delivery system and medical students must ensure providing respectful, non-discriminatory and thoughtful service to the patients. This was said by vice-chancellor, Professor Malik Hu
Published 19 Nov, 2008 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (November 18, 2008)and for Wednesday (November 19, 2008).
Published 19 Nov, 2008 12:00am
Karachi International Book Fair from December 26

Karachi International Book Fair from December 26

The 4th Karachi International Book Fair 2008 (KIBF) would be held from December 26-30, 2008 at the Expo Centre, Karachi. KIBF is a non-profit venture, operating under the aegis of Pakistan Publishers and Booksellers Association (PPBA), and in association
Published 19 Nov, 2008 12:00am
Final selection for award of Pakistan Rhodes Trust scholarship on Friday

Final selection for award of Pakistan Rhodes Trust scholarship on Friday

The Pakistan Rhodes Scholarship Committee will meet here on Friday at the Fast University to elect a scholar for two years'graduate studies at the Oxford University in England. Rhodes Scholarship Committee received 600 applications from Pakistani aspirant
Published 19 Nov, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 18, 2008).

Published 19 Nov, 2008 12:00am
Committee to discuss in-camera session's resolution soon

Committee to discuss in-camera session's resolution soon

Minister of state for Interior Tasleem Ahmed Qureshi has said that all Parties parliamentary committee would meet in Islamabad in a couple of days to discuss the resolutions adopted in camera session of the parliament and to check the air strikes by Unite
Published 19 Nov, 2008 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 18, 2008).

Published 19 Nov, 2008 12:00am
Kayani leaves for Brussels

Kayani leaves for Brussels

Chief of Army Staff (COAS) General Ashfaq Pervaiz Kayani on Tuesday left for Brussels, where he will attend the meeting of army chiefs of Nato member countries. During his three-day visit, he will take part in the meeting, which will discuss the prevailin
Published 19 Nov, 2008 12:00am
'Nuclear programme not to be rolled back'

'Nuclear programme not to be rolled back'

Federal Minister for Defence Production Sardar Abdul Qayyum Jatoi said here Tuesday that country's nuclear program will not be rolled back and minimum deterrence will be maintained at all costs. Addressing a press conference at the local airport he said t
Published 19 Nov, 2008 12:00am
ANP satisfied with progress of parliamentary committee: Masood

ANP satisfied with progress of parliamentary committee: Masood

State Minister for Local Government and Rural Development Masood Abbas has said that Awami National Party (ANP) is satisfied with the progress made by the parliamentary committee on national security. Talking to a private TV channel, he said that, " I am
Published 19 Nov, 2008 12:00am
THE RUPEE: sharp gain seen on interbank market

THE RUPEE: sharp gain seen on interbank market

Bullish sentiment was seen on the interbank market on Tuesday as the rupee gained 40 paisa against dollar for buying at 79.40 and it also rose by 45 paisa for selling at 79.45, dealers said. After the International Monetary Fund deal, the rupee performed
Published 19 Nov, 2008 12:00am
Spring semester: AIOU exams to start from November 20

Spring semester: AIOU exams to start from November 20

Examination for Spring Semester 2008 of all programmes of Allama Iqbal Open University (AIOU) have been scheduled from November 20. In a press statement issued here on Tuesday, controller examination AIOU informed that roll number slips of PTC, CT, ATTC,
Published 19 Nov, 2008 12:00am
THE RUPEE: sharp gain seen on interbank market

THE RUPEE: sharp gain seen on interbank market

Bullish sentiment was seen on the interbank market on Tuesday as the rupee gained 40 paisa against dollar for buying at 79.40 and it also rose by 45 paisa for selling at 79.45, dealers said. After the International Monetary Fund deal, the rupee performed
Published 19 Nov, 2008 12:00am
Turkey for close ties in technical education, culture

Turkey for close ties in technical education, culture

Turkey is keen to promote bilateral ties and co-operation with Pakistan in various sectors, particularly in technical education and culture. These views were expressed by the leader of a 32-member visiting Turkish delegation and Chairman of Pak-Turk Found
Published 19 Nov, 2008 12:00am
Bhatti elected SCCI chief

Bhatti elected SCCI chief

Hassan Ali Bhatti and Farooq Mayer have been elected unanimously as president and vice president of Sialkot Chamber of Commerce and Industry (SCCI) respectively here on Tuesday evening. While addressing the members of executive committee of SCCI, group le
Published 19 Nov, 2008 12:00am
International American Studies moot from November 21

International American Studies moot from November 21

The Area Study Centre for Africa, North and South America, Quaid-e Azam University is holding 11th International American Studies Conference starting from November 21. The two-day conference titled, "Family Ties: Issues in American Immigration" would be a
Published 19 Nov, 2008 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (November 18, 2008).

Published 19 Nov, 2008 12:00am
Soldier, 17 militants killed in Swat clashes

Soldier, 17 militants killed in Swat clashes

At least 17 militants and a soldier were killed in exchanges of fire in Swat on Tuesday, where the military is waging a bloody offensive against al-Qaeda and Taliban-linked militants, the army said. The fighting in the scenic Swat valley erupted a day aft
Published 19 Nov, 2008 12:00am
Closure of PWD of CHK creates problems

Closure of PWD of CHK creates problems

Owing to closure of Planning and Works Department (PWD) of Civil Hospital Karachi (CHK), doctors, paramedics and patients visiting the facility for treatment are facing severe hardships. Sources at the hospital said that said that the PWD of the hospital
Published 19 Nov, 2008 12:00am
Seminar on 'Energy Crisis and Lessons Learnt' on November 25

Seminar on 'Energy Crisis and Lessons Learnt' on November 25

The Petroleum Institute of Pakistan (PIP), a representative body of Pakistan oil and gas industry is organising a seminar on "Energy Crisis and Lessons Learnt" at a local hotel here on November 25, 2008. The objective of the seminar is to debate the growi
Published 19 Nov, 2008 12:00am
10 militants killed in Bajaur

10 militants killed in Bajaur

At least 10 people have been killed in gun battles between Taliban militants and pro-government tribal leaders in Bajaur, officials said Tuesday. The militants intercepted a convoy carrying 12 pro-government Mamoun tribe elders in Bajaur district near the
Published 19 Nov, 2008 12:00am
More supercomputers than ever using Intel processors

More supercomputers than ever using Intel processors

More supercomputers than ever are using Intel Corporation processors, according to the latest TOP500 list. The high performance computing (HPC) community is especially enthusiastic about quad-core Intel(R) Xeon(R) processors, which are driving the researc
Published 19 Nov, 2008 12:00am
CDGK begins survey of Scheme 33 to levy property tax

CDGK begins survey of Scheme 33 to levy property tax

The City District Government has started an exercise to assess houses and flats in Scheme No 33 of the city for levying property tax. To assess the houses Deputy District Officer (DDO) has issued notices to all the property holders to provide information
Published 19 Nov, 2008 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Nov, 2008 12:00am
Quake threat to Karachi exposes cracks in system

Quake threat to Karachi exposes cracks in system

Legend has it that seven revered Islamic saints whose shrines are located across Karachi have for centuries protected the south-western Pakistani city from disaster.
Published 19 Nov, 2008 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Nov, 2008 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 19 Nov, 2008 12:00am
ZTBL to disburse Rs 75 billion loan to wheat growers

ZTBL to disburse Rs 75 billion loan to wheat growers

President Zari Tarrqiati Bank Limited (ZTBL) Chaudhry Muhammad Zaka Ashraf has said the bank would disburse loans amounting to Rs 75 billion on 8-percent mark up to the wheat growers during the current season.
Published 19 Nov, 2008 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (November 18, 2008).

Published 19 Nov, 2008 12:00am
Girl student tortured: LHC summons SP, SHO Bahawalpur

Girl student tortured: LHC summons SP, SHO Bahawalpur

The Lahore High Court (LHC) has summoned SP Investigation, Bahawalpur and SHO concerned for November 20 in a suo motu proceeding against torture of a land grabbers on a girl student of 8th class. Chief Justice Sayed Zahid Hussain had taken a suo motu noti
Published 19 Nov, 2008 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Nov, 2008 12:00am
Yawar elected Chairman PDA

Yawar elected Chairman PDA

Syed Yawar Ali, Chairman Nestle Pakistan Limited has unanimously been elected as Chairman Pakistan Dairy Association (PDA) for the year 2008 - 2009. While Sarfraz A. Rehman, Chief Executive Officer, Engro Foods Limited was also elected as Vice Chairman of
Published 19 Nov, 2008 12:00am
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