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Sep 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-02-06
Tokyo rubber ends up

Tokyo rubber ends up

Key Tokyo rubber futures closed up nearly 2 percent on Thursday, maintaining momentum on recent buying by China in the physical market and resilience in other commodities prices. The key Tokyo Commodity Exchange rubber contract for July delivery closed at
Published 06 Feb, 2009 12:00am
US copper rises

US copper rises

Copper rose to a one-week high in New York futures trade on Wednesday after reports of increased Chinese buying and upbeat data from China and the United States helped extend a two-day rally in the metal. Copper for March delivery rose 0.90 cent to settle
Published 06 Feb, 2009 12:00am
Shanghai copper up

Shanghai copper up

Shanghai copper rose for the third straight day on Thursday, while London futures eased, but sentiment remained supported by hopes that the demand slump seen since August 2008 could be reaching a bottom. Sentiment is firming on a string of better than exp
Published 06 Feb, 2009 12:00am
US rice ends mixed

US rice ends mixed

US rough rice futures on the Chicago Board of Trade closed mixed on Wednesday in consolidation trade. March rice closed up 2-1/2 cents per cwt at $12.01 per cwt. Volume was estimated at 449 futures and 35 options. Traders said the rice market appeared poi
Published 06 Feb, 2009 12:00am
New York sugar softer

New York sugar softer

Raw sugar futures closed lower Wednesday in range-bound business as most players sat back to digest news on Indian imports and the global sugar deficit in 2009-10, brokers said. The key March raw sugar contracts shed 0.07 cent to finish at 12.59 cents per
Published 06 Feb, 2009 12:00am
Crisis threatens Cameroon cotton

Crisis threatens Cameroon cotton

Crashing demand for cotton as the global recession cuts into consumer spending risks putting farmers in Cameroon out of business, growers and officials say. Buyers are tearing up their contracts with the state cotton firm, leaving the company out of pocke
Published 06 Feb, 2009 12:00am
China sees 2008 cotton output down

China sees 2008 cotton output down

China's government expects 2008 cotton production will total 7.5 million tonnes, 1.6 percent less than the record 7.6 million tonnes in 2007, but the China Cotton Association said on Wednesday it expects a higher figure. The National Bureau of Statistics
Published 06 Feb, 2009 12:00am
US soyabean futures move both ways

US soyabean futures move both ways

US soyabeans futures closed mixed on Wednesday on with nearby months up on tight soy stocks and good demand but deferred months were lower on forecasts for wetter weather in Argentina. CBOT March soy ended up 4-3/4 cents per bushel at $9.50-3/4 per bushel
Published 06 Feb, 2009 12:00am
Malaysian palm oil futures gain

Malaysian palm oil futures gain

Malaysian crude palm futures ticked up 1.8 percent on Thursday to hit a new one-week high on signs of a rundown in domestic inventories although sentiment was dampened by slow shipments, dealers said. Prices of the reddish-brown tropical oil have risen by
Published 06 Feb, 2009 12:00am
Malaysian tin up

Malaysian tin up

Malaysian tin rose 0.4 percent on Thursday following an increase in London Metal Exchange prices but gains were limited on a technical correction, one dealer said.
Published 06 Feb, 2009 12:00am
US gold up

US gold up

US gold futures ended up 1 percent on Wednesday, rebounding from the previous session's decline on worries over massive liquidity injections by central banks and after a major brokerage upgraded its price forecast. Gold for April delivery settled up $9.70
Published 06 Feb, 2009 12:00am
Oil prices move slightly in Asia

Oil prices move slightly in Asia

Oil stood little changed around $40 a barrel on Thursday, after falling the previous day on lower share prices and after data showed US crude inventories rose under the weight of an economic slowdown. Crude stocks in the world's top energy consumer jumped
Published 06 Feb, 2009 12:00am
Paris Match fined for photos of Sarkozy son's wedding

Paris Match fined for photos of Sarkozy son's wedding

A court in the Paris suburb of Nanterre on Thursday fined the glamour magazine Paris Match 4,000 euros (5,120 dollars) for publishing unauthorised photos of the wedding of French President Nicolas Sarkozy's son Jean, French media reported.A rival magazine
Published 06 Feb, 2009 12:00am
Madrid bombings convict acquitted

Madrid bombings convict acquitted

A 41-year-old Moroccan who was sentenced by a Spanish court for the 2004 Madrid train bombings was Thursday acquitted of other terrorism charges in Morocco, the national news agency MAP reported.Hassan el-Haski is serving a 14-year prison sentence in Spai
Published 06 Feb, 2009 12:00am
Bahrain court sentences al Qaeda suspects to prison

Bahrain court sentences al Qaeda suspects to prison

A Bahraini court sentenced three men to up to five years in prison for belonging to and funding a "terrorist" group abroad, a Bahraini lawyer said on Thursday. In Bahrain, the phrase "a terrorist group abroad" is a reference to al Quaeda.
Published 06 Feb, 2009 12:00am
Troops capture last Tamil Tiger naval base

Troops capture last Tamil Tiger naval base

Sri Lankan government troops on Thursday captured the last known Tamil Tiger naval base in the north-east of the island, a military official said. In a fresh blow to the embattled ethnic rebels, troops fought their way to the Chalai base of the Sea Tigers
Published 06 Feb, 2009 12:00am
Sri Lanka offers Tigers amnesty

Sri Lanka offers Tigers amnesty

The Sri Lankan government Wednesday offered an amnesty to Tamil Tiger rebels who surrender, but rejected international appeals for cease-fire talks and vowed to crush those who fight on. Prime Minister Ratnasiri Wickremanayake told parliament that some re
Published 06 Feb, 2009 12:00am
Best not to release Gitmo documents: UK

Best not to release Gitmo documents: UK

Britain's foreign secretary said Thursday that releasing confidential US intelligence documents about a former British resident held at Guantanamo Bay would hurt national security. Foreign Secretary David Miliband told lawmakers that a British court was r
Published 06 Feb, 2009 12:00am
Britain accuses Iran of intimidation over culture centre

Britain accuses Iran of intimidation over culture centre

Britain on Thursday accused Iran of intimidating its staff after closing its main cultural centre in Tehran, in the latest flare-up of tension between the two countries. British Foreign Secretary David Miliband expressed "great regret" over the closure, w
Published 06 Feb, 2009 12:00am
US diplomat killed in Ethiopian capital

US diplomat killed in Ethiopian capital

A US diplomat was killed in the Ethiopian capital Addis Ababa on Saturday but the circumstances of his death are unclear, State Department officials said on Thursday. The 25-year-old diplomat, Brian Adkins, was found dead in his home in Addis Ababa, offic
Published 06 Feb, 2009 12:00am
Ahmadinejad asks world powers to be 'polite'

Ahmadinejad asks world powers to be 'polite'

Iranian President Mahmoud Ahmadinejad asked world powers on Thursday to be "polite" in dealing with Tehran, a day after diplomats from six countries met to discuss the nuclear stand-off. "Bullying powers should learn how to speak correctly and be polite s
Published 06 Feb, 2009 12:00am
Ukraine Prime Minister easily survives no confidence vote

Ukraine Prime Minister easily survives no confidence vote

Ukrainian Prime Minister Yulia Tymoshenko easily survived a no confidence vote in parliament on Thursday after rejecting IMF predictions of a shrinking economy and sticking to her government's growth forecast of 0.4 percent. The motion, put forward by the
Published 06 Feb, 2009 12:00am
'Egypt prevents Hamas taking millions into Gaza'

'Egypt prevents Hamas taking millions into Gaza'

Egypt on Thursday prevented a senior Hamas official carrying nine million dollars and two million euros in cash from entering the Gaza Strip via Rafah, a security official told AFP. Border officials had held up a six-member delegation returning from truce
Published 06 Feb, 2009 12:00am
Israel seizes aid ship off Gaza

Israel seizes aid ship off Gaza

The Israeli navy boarded a freighter trying to break the blockade of the Gaza Strip on Thursday and escorted it into the port of Ashdod, Israeli officials said. It was the first apparent attempt by a foreign ship carrying aid to reach the Palestinian encl
Published 06 Feb, 2009 12:00am
Malaysia's opposition refuses royal command to quit state

Malaysia's opposition refuses royal command to quit state

Malaysia's opposition Thursday refused a royal command to give up control of a northern state where the government says it has seized power, setting the stage for a political crisis. The Perak state government building has been surrounded by a large polic
Published 06 Feb, 2009 12:00am
Israeli envoy is latest shoe-throwing target

Israeli envoy is latest shoe-throwing target

Israel's ambassador to Sweden has become the latest public figure to be targeted by a shoe-throwing protester. Police said Ambassador Benny Dagan was hit on the leg by the shoe, one of several projectiles thrown when he turned up to address a student gath
Published 06 Feb, 2009 12:00am
Maliki wins landslide victories in Baghdad and south

Maliki wins landslide victories in Baghdad and south

Prime Minister Nuri al-Maliki won landslide victories over Shia rivals in provincial elections, reflecting a seismic shift in the political landscape, preliminary results issued on Thursday showed. Results showed big wins for the prime minister's State of
Published 06 Feb, 2009 12:00am
Indian rupee edges higher

Indian rupee edges higher

The Indian rupee rose marginally on Thursday helped by dollar sales by exporters, but demand for the US unit from oil companies and losses in the domestic share market prevented stronger gains. The partially convertible rupee closed at 48.77/78 per dollar
Published 06 Feb, 2009 12:00am
Dollar funds stay elevated on bank worries

Dollar funds stay elevated on bank worries

Dollar funding costs remained elevated in Europe on Thursday as investors fretted about the impact of various proposals to mend the battered financial system and governments' fund raising for stimulus plans.
Published 06 Feb, 2009 12:00am
Euro little changed in London

Euro little changed in London

The euro was little changed against the dollar on Thursday after the European Central Bank stood pat on rates as widely expected, but fell against sterling which surged after the UK central bank cut rates by 50 basis points, also as expected.
Published 06 Feb, 2009 12:00am
Sterling powers up

Sterling powers up

Sterling hit a near-two month high versus the euro on Thursday, while the pound also jumped against the dollar after the Bank of England cut borrowing costs to a record low - aimed at blunting the impact of a deep recession. BoE policymakers met market ex
Published 06 Feb, 2009 12:00am
Yen to remain mighty versus dollar

Yen to remain mighty versus dollar

The surging Japanese yen looks to remain strong in the near-term, inflicting further damage to the economy, although forecasters in a Reuters poll still think dollar/yen will edge back toward 100 later in the year.
Published 06 Feb, 2009 12:00am
Thursday's early afternoon trade: Wall Street jumps on bank rescue hope

Thursday's early afternoon trade: Wall Street jumps on bank rescue hope

US stocks rose on Thursday on investor hopes that the Obama administration's plan to shore up the financial system would include a measure that would help banks stem losses and revive lending. An advance in financial shares underpinned a broad market reco
Published 06 Feb, 2009 12:00am
Indian shares decline

Indian shares decline

Indian shares fell 1.21 percent on Thursday on a sell-off by overseas funds and fresh concerns about the US economy, dealers said. The benchmark 30-share Sensex index fell 110.97 points to 9,090.88. "The markets slipped sharply intraday morning on weakeni
Published 06 Feb, 2009 12:00am
European credit spreads widen

European credit spreads widen

European credit spreads widened on Thursday after data showed the number of US workers filing new claims for unemployment benefits hit a 26-year high last week. This data comes ahead of Friday's US unemployment report, which is expected to show job losses
Published 06 Feb, 2009 12:00am
European credit spreads widen

European credit spreads widen

European credit spreads widened on Thursday after data showed the number of US workers filing new claims for unemployment benefits hit a 26-year high last week. This data comes ahead of Friday's US unemployment report, which is expected to show job losses
Published 06 Feb, 2009 12:00am
Britain's top share index flat

Britain's top share index flat

Britain's top share index ended flat on Thursday after a rate cut failed to cheer investors, with gains in energy stocks offsetting a slide in consumer goods giant Unilever after it scrapped forecasts. The FTSE 100 index ended up 0.33 points at 4,228.93,
Published 06 Feb, 2009 12:00am
New York cotton futures move both ways

New York cotton futures move both ways

Cotton futures settled mixed Thursday in switch trade as most players marked time ahead of a series of crop reports tomorrow and next week, brokers said. The key March cotton contract rose 0.04 cent to close at 49.71 cents per lb, trading between 49.45 an
Published 06 Feb, 2009 12:00am
Base metals plunge

Base metals plunge

Industrial metals lost ground on Thursday, with copper dropping more than 3 percent as grim economic data from the United States further clouded the outlook for metals consumption. Prices were little affected by the Bank of England's move to cut interest
Published 06 Feb, 2009 12:00am
Oil rises on hopes for US stimulus plan

Oil rises on hopes for US stimulus plan

Oil prices rose on Thursday as part of a wider market rally on hopes the Obama administration's plan to shore up the financial system would help banks stem losses and revive lending. US senators working to craft the stimulus package said they had agreed i
Published 06 Feb, 2009 12:00am
Gold slips in Asia

Gold slips in Asia

Gold edged down on Thursday after rising in New York on safe-haven buying amid a global financial crisis, with record holdings on the world's largest gold-backed ETF supporting sentiment. Selling of scraps persisted in Asia, driven by gold's recent rise t
Published 06 Feb, 2009 12:00am
London sugar rises, cocoa lower

London sugar rises, cocoa lower

Cocoa futures on ICE rose on Thursday with the market still underpinned by concern about crop prospects in top producer Ivory Coast although a stronger pound kept London prices in check. Raw sugar futures edged higher but remained rangebound while coffee
Published 06 Feb, 2009 12:00am
Gold climbs in London

Gold climbs in London

Gold was as much as 2 percent higher on Thursday after the European Central Bank left interest rates on hold and the Bank of England cut its key rate, buoyed by buying of the metal as a haven from risk. However, the precious metal retreated from highs as
Published 06 Feb, 2009 12:00am
US MIDDAY: cocoa down

US MIDDAY: cocoa down

US cocoa consolidated lower early Thursday, after last week's volatile moves, while arabica coffee futures eased on chart-based pressure and the firm dollar, traders said. Arabica coffee for March delivery down 0.45 cent at $1.1545 per lb by 9:19 am EST (
Published 06 Feb, 2009 12:00am
US MIDDAY: sugar edges up

US MIDDAY: sugar edges up

Raw sugar futures on ICE Futures US at 1323 GMT. March raw sugar contract up 0.01 cent at 12.60 cents per lb. Trading from 12.53 to 12.62 cents. Volume at 3,663 lots. Thin trade cited.
Published 06 Feb, 2009 12:00am
US MIDDAY: wheat rises

US MIDDAY: wheat rises

Chicago Board of Trade wheat futures rose early on Thursday due to increased buying by speculators in a thin market, traders said. Kansas City Board of Trade and Minneapolis Grain Exchange wheat futures also rose. At 9:52 am CST (1552 GMT), CBOT March whe
Published 06 Feb, 2009 12:00am
US MIDDAY: soya higher

US MIDDAY: soya higher

CBOT March soya opened 8 cents higher at $9.57-1/2 per bushel Thursday on persistent concerns about the fate of the drought-stressed Argentine soy crop, traders said. At 9:34 am CST (1534 GMT), CBOT March was up 5 cents at $9.54-1/2.
Published 06 Feb, 2009 12:00am
US MIDDAY: copper plunges

US MIDDAY: copper plunges

US copper futures broke back down below $1.50 a lb early Thursday after grim economic data and weak corporate earnings and forecasts suggested a worsening outlook for the world's largest economy. Copper for March delivery slipped 4.00 cents, or 2.6 percen
Published 06 Feb, 2009 12:00am
US MIDDAY: gold jumps

US MIDDAY: gold jumps

US gold futures rose 2 percent Thursday to their highest in nearly 4 months on strong investment demand amid renewed bank worries and increased buying of out-of-the-money call options. Gold for April delivery jumped $16.00, or 1.8 percent, to $918.20 an o
Published 06 Feb, 2009 12:00am
'Wealth is not everything to get children enrolled in school'

'Wealth is not everything to get children enrolled in school'

A World Bank study has found that wealth is crucial in determining child activities but not everything for enrolment of children in school by getting them out of work. In case of rural girls, non-parametric analysis shows a universal increase in school en
Published 06 Feb, 2009 12:00am
Pakistani psychiatrist new member of WPA

Pakistani psychiatrist new member of WPA

Department Head of Psychiatry at Fatima Jinnah Medical College Professor Dr Haroon Rashid Chaudhry has been named as member of the World Psychiatric Association's (WPA) Operational Committee on Scientific Meetings. Professor Dr Haroon is serving as Vice-P
Published 06 Feb, 2009 12:00am
Textile sector financial crisis worsening

Textile sector financial crisis worsening

The financial crisis in the textile sector is getting deeper with every passing day, particularly because of a dilly-dallying attitude of the government towards the relief calls from the sector. Presence of a banker in the office of advisor to prime minis
Published 06 Feb, 2009 12:00am
LHC acquits lady of murder charges

LHC acquits lady of murder charges

Lahore High Court (LHC) has accepted the appeal of a condemned lady prisoner Nasreen Bibi and acquitted her from charge of murdering two brothers of her husband by giving them a poisonous meal here on Thursday.
Published 06 Feb, 2009 12:00am
Overseas Pakistanis

Overseas Pakistanis

The announcement by Minister for Overseas Pakistanis to facilitate them by withdrawing levy of surcharge on their remittances to Pakistan is late, yet welcome.
Published 06 Feb, 2009 12:00am
Sri Lanka problem

Sri Lanka problem

It may be noted that the wide coverage in Indian print and electronic media of ongoing protests of lawyers, students and others in entire Tamilnadu (including open support to LTTE and its leader by huge number of these protesters) over killings and other
Published 06 Feb, 2009 12:00am
Aussie firm sees buoyant future in wave power

Aussie firm sees buoyant future in wave power

For millennia, Australia's rugged southern coast has been carved by the relentless action of waves crashing ashore. The same wave energy could soon be harnessed to power towns and cities and trim Australia's carbon emissions. "Waves are already concentrat
Published 06 Feb, 2009 12:00am
Sales Tax audit - II

Sales Tax audit - II

Article-169 of the Constitution of Islamic Republic of Pakistan empowers the Auditor General of Pakistan (AG) to audit accounts of: (a) Federal and Provincial Governments and (b) an authority or body established by the Federation or a Province. The articl
Published 06 Feb, 2009 12:00am
Need to streamline income tax on agriculture

Need to streamline income tax on agriculture

According to a press report, Sindh's agriculture sector, from which comes the ruling elite of that province, paid only Rs 7 million as farm tax till November and about Rs 36 million as water charges (abiana). Which is a pittance considering that the perio
Published 06 Feb, 2009 12:00am
Raise in regulatory duty

Raise in regulatory duty

The Economic Co-ordination Committee (ECC) that met under the chairmanship of Advisor to the Prime Minister on Finance Shaukat Tarin decided to raise regulatory duty on import of several items. It maybe recalled that in July last year the government had i
Published 06 Feb, 2009 12:00am
No more collateral damage, please

No more collateral damage, please

Prime Minister Yousuf Raza Gilani says Swat is as dear to him as Multan, his hometown. Being "careful about people's lives and property and also mindful of people abandoning their homes" he would adopt a new strategy, he told reporters on return from Davo
Published 06 Feb, 2009 12:00am
Punjab speech contest ends

Punjab speech contest ends

The Punjab Chief Minister's provincial speech competition came to an end with the finalisation of Urdu speech contests at postgraduate level. 88 male and female students of different universities participated in these competitions. Out of them, 54 appeare
Published 06 Feb, 2009 12:00am
Tarin lauds Pakistan mission in strengthening ties with Japan

Tarin lauds Pakistan mission in strengthening ties with Japan

The Advisor to Prime Minister on Finance Shaukat Tarin has appreciated the efforts of Pakistan Embassy in Japan for strengthening Pak-Japan relations in various areas. He expressed these views when he arrived here on a four-day visit to Japan on Wednesday
Published 06 Feb, 2009 12:00am
Bostan-Zhob railway track project in the doldrums

Bostan-Zhob railway track project in the doldrums

Conversion of Bostan-Zhob railway track from narrow to broad-gauge is in doldrums due to non-availability of funds. Well-placed sources in Ministry of Railways told Business Recorder that three years back Pakistan Railways started paper work on the
Published 06 Feb, 2009 12:00am
Police directed to shoot miscreants at sight in Peshawar

Police directed to shoot miscreants at sight in Peshawar

Capital City Police Officer (CCPO) Peshawar, DIG Siffat Ghaur on Thursday directed police personnel to shoot at sight any miscreants entering into the jurisdiction of the provincial metropolis with the intention to carry out terrorist activities.
Published 06 Feb, 2009 12:00am
8th SAARCAA congress inaugurated

8th SAARCAA congress inaugurated

The 8th SAARC Association of Anaesthesiologists Congress - with the theme of 'The Expanding Role of Anaesthesiologists' - was officially inaugurated by Syed Qaim Ali Shah, Chief Minister Sindh today at PAF Museum Karachi. The three-day congress scheduled
Published 06 Feb, 2009 12:00am
Senate elections to be held on March 4: schedule announced

Senate elections to be held on March 4: schedule announced

The Senate election will be held on March 4, announced Election Commission of Pakistan (ECP) here on Thursday and issued schedule for filing of nomination papers. According to the schedule, issued by (CEC) former Justice Qazi Muhammad Farooq, the Senate e
Published 06 Feb, 2009 12:00am
Senate elections to be held on March 4: schedule announced

Senate elections to be held on March 4: schedule announced

The Senate election will be held on March 4, announced Election Commission of Pakistan (ECP) here on Thursday and issued schedule for filing of nomination papers. According to the schedule, issued by (CEC) former Justice Qazi Muhammad Farooq, the Senate e
Published 06 Feb, 2009 12:00am
'Government to solve poor people's problems on priority'

'Government to solve poor people's problems on priority'

Federal Minister and Chairman Federal Land Commission of Pakistan Pir Syed Fazal Ali Shah Jillani has said that PPP government is giving priority to provide relief to people specially of less developed far-flung areas. Addressing people at inaugural cerem
Published 06 Feb, 2009 12:00am
Future belongs to alternative energy: Tony Blair

Future belongs to alternative energy: Tony Blair

The alternate energy will play a great role in catering to the growing demand for trade and industry in future as the present energy crisis was getting bigger every day. This was stated by the former British premier Tony Blair while talking to the Preside
Published 06 Feb, 2009 12:00am
Peshawariites pledge support to Kashmiris

Peshawariites pledge support to Kashmiris

Like other parts of the country Kashmir Solidarity Day was also observed in NWFP with fervour and pledge to support the right of self-determination for Kashmiris here on Thursday. Many rallies and functions were arranged in all major cities throughout the
Published 06 Feb, 2009 12:00am
Gul Ahmed Textile to upgrade IPT system

Gul Ahmed Textile to upgrade IPT system

Gul Ahmed Textile Mills has announced on Thursday to upgrade its IP Telephony (IPT) voice and security infrastructure as well as its Unified Communications system to raise service standards, improve employee collaboration and enhance operational efficienc
Published 06 Feb, 2009 12:00am
Free medical aid: non-Muslim poor patients complain of Discrimination

Free medical aid: non-Muslim poor patients complain of Discrimination

Patients from different minority groups are facing discriminatory attitudes at government healthcare centres in availing free medical treatment. Many of them used to fill Zakat forms for free medical treatment at medical centres, as they could not afford
Published 06 Feb, 2009 12:00am
IGI extends financial support to Kara Film Festival

IGI extends financial support to Kara Film Festival

IGI Financial Services, the leading financial services organisation and a subsidiary of Packages Group extends support to 7th Kara Film Festival, says a press release issued here on Thursday. The 10-day long festival is an integral part of Karachi's arts
Published 06 Feb, 2009 12:00am
Indus Motor makes careers with T-TEP

Indus Motor makes careers with T-TEP

Indus Motor Company (IMC) has organised 4th Career Day for graduating students of the Toyota Technical Educational Programme (T-TEP) in Karachi at St Patrick's Institute of Science Technology. Professor M Saeed Siddiqui, Chairman, Sindh Board of Technical
Published 06 Feb, 2009 12:00am
Global Financial Meltdown: ICMAP to hold seminar on February 6

Global Financial Meltdown: ICMAP to hold seminar on February 6

A seminar on "Global Financial Meltdown" is being organised by the Karachi Branch Council (KBC) under the aegis of the Institute of Cost and Management Accountants of Pakistan (ICMAP) here on February 6. Dr Ishrat Husain, Dean and Director, Institute of B
Published 06 Feb, 2009 12:00am
UBL Fund enhances customer services standards

UBL Fund enhances customer services standards

UBL Fund Managers, a wholly owned subsidiary of United Bank Limited (UBL) and Pakistan's leading Asset Management Company, announced the successful deployment of its state-of-the-art Customer Relationship Management (CRM) solution at its Contact Center an
Published 06 Feb, 2009 12:00am
UBL Fund enhances customer services standards

UBL Fund enhances customer services standards

UBL Fund Managers, a wholly owned subsidiary of United Bank Limited (UBL) and Pakistan's leading Asset Management Company, announced the successful deployment of its state-of-the-art Customer Relationship Management (CRM) solution at its Contact Center an
Published 06 Feb, 2009 12:00am
Government committed to provide education, employment to poor: Mazhar

Government committed to provide education, employment to poor: Mazhar

Provincial Minister for Education Pir Mazharul Haq has said that every PPP worker was follower of Shaheed Zulfiqar Ali Bhutto and Shaheed Benzir Bhutto, adding the government is determine to complete the mission of BB by providing employment and education
Published 06 Feb, 2009 12:00am
Sindh chief minister meets provincial law officers

Sindh chief minister meets provincial law officers

Sindh Chief Minister Syed Qaim Ali Shah has said that present government firmly believes in the rule of law and wants to provide relief to people under PPP's manifesto and the programme given by Shaheed Mohtarma Benazir Bhutto. For this purpose, he said,
Published 06 Feb, 2009 12:00am
Retired employees say KESC not paying gratuity

Retired employees say KESC not paying gratuity

Karachi Electric Supply Company (KESC) has reportedly stopped giving gratuity funds to its retired employees. According to sources in the Company, dozens of retired employees, who have spent their entire life in the company are facing great financial hard
Published 06 Feb, 2009 12:00am
Sindh government urged to streamline infrastructure of industrial zones

Sindh government urged to streamline infrastructure of industrial zones

Karachi Chamber of Commerce and Industry (KCCI) President Anjum Nisar has drawn the attention of Sindh government to streamline the infrastructure of existing industrial zones here on Thursday. In a communication to the government, he said that existing i
Published 06 Feb, 2009 12:00am
LCCI to set up education support fund

LCCI to set up education support fund

The Lahore Chamber of Commerce and Industry (LCCI) has announced to create merit-based Education Support Fund with the sole objective of extending a helping hand to those talented students, who cannot continue their higher education due to financial const
Published 06 Feb, 2009 12:00am
Kashmir solidarity day observed zealously in Faisalabad

Kashmir solidarity day observed zealously in Faisalabad

Kashmir Solidarity Day was observed here Thursday, in Faisalabad Division with full zeal and fervour, featuring large public rallies, seminars, human chains and many others events to express solidarity with the people of occupied Kashmir.
Published 06 Feb, 2009 12:00am
Kashmir solidarity day camp held

Kashmir solidarity day camp held

The People's Muslim League (Jammu & Kashmir) in connection with 'Kashmir Solidarity Day' set up a camp staged demonstration at Faisal Chowk in front of Punjab Assembly on Thursday. The President, Peoples Muslim League, Farooq Azad led the demonstration. A
Published 06 Feb, 2009 12:00am
Punjab Assembly calls for right to self-determination of Kashmiris

Punjab Assembly calls for right to self-determination of Kashmiris

Punjab Assembly showing solidarity with Kashmiri people in their struggle for freedom unanimously passed resolution calling for right to self-determination of Kashmiris. The resolution demanded that the right to self-determination of the Kashmiris should
Published 06 Feb, 2009 12:00am
Rally held to express solidarity with Kashmiri people

Rally held to express solidarity with Kashmiri people

United Nations (UN) and International Community should stress India to stop its atrocities against innocent people of Kashmir and play its vital role for the solution of this core issue between India and Pakistan for peace in the region, District Nazim Hy
Published 06 Feb, 2009 12:00am
Kashmir Solidarity day observed

Kashmir Solidarity day observed

Kashmir Solidarity day was observed here as elsewhere in the country with great zeal and fervour with people of Karachi making commitment for unwavering support to the people of occupied Kashmir struggling for their right of self-determination.
Published 06 Feb, 2009 12:00am
'Regional peace impossible without resolving Kashmir issue'

'Regional peace impossible without resolving Kashmir issue'

Convenor of All Parties Hurriyat, Conference, Syed Yousuf Nasim said on Thursday that durable peace in South Asia is not possible without resolving the Kashmir issue in accordance with aspirations of Kashmiris. Talking to PTV, he said cordial ties between
Published 06 Feb, 2009 12:00am
Kashmiris to observe shaheed Maqbool Butt day on February 11

Kashmiris to observe shaheed Maqbool Butt day on February 11

25th martyrdom day of renowned leader of Kashmir Freedom Movement, Muhammad Maqbool Butt will be observed on both sides of the Line of Control including Azad Jammu and Kashmir and Indian occupied Jammu & Kashmir on February 11. The renewal of the pledge t
Published 06 Feb, 2009 12:00am
Kashmir dispute solution vital for peace in region: Sultan

Kashmir dispute solution vital for peace in region: Sultan

Former Prime Minister of Azad Jammu and Kashmir (AJK) Barrister Sultan encouraged by the statements of international community, particularly US President Barack Obama and UK Foreign Secretary David Milliband, who realised the intricacy of Kashmir dispute
Published 06 Feb, 2009 12:00am
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