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Print - 2009-03-13
Only two inspection officials for 1,700 boilers in Sindh

Only two inspection officials for 1,700 boilers in Sindh

The claims of Sindh governments for the last 20 years about promoting industrialisation and safety measures seems to be hollow as there are only two inspection officials for more than 1700 boilers across the province, it is learnt.
Published 13 Mar, 2009 12:00am
US Ambassador meets Nawaz

US Ambassador meets Nawaz

In the backdrop of prevailing political unrest in the country, US Ambassador in Pakistan Anne W. Peterson called on Pakistan Muslim League-Nawaz leader Mian Nawaz Sharif in a bid to help resolve differences between two major political parties (PPP and PML
Published 13 Mar, 2009 12:00am
ESUP organises speech competition

ESUP organises speech competition

The English Speaking Union of Pakistan (ESUP) organised the annual public speaking competition at a local hotel on Thursday. The theme of the competition was "Regeneration and Renewal." The occasion was presided by Robert Gibson, British Deputy High Commi
Published 13 Mar, 2009 12:00am
Sindh government urged to suspend provincial taxes

Sindh government urged to suspend provincial taxes

Senior Vice President Karachi Chamber of Commerce and Industry (KCCI), Jawed Bilwani has urged the provincial government of Sindh to suspend provincial taxes for at least two years. In a communication, he said that cost of doing business has enormously in
Published 13 Mar, 2009 12:00am
Oracle highlights solutions for communications industry

Oracle highlights solutions for communications industry

Oracle, the leader in the communications industry, highlights the availability of a unique portfolio of solutions for the Pakistani communications industry to rapidly create, market, sell, fulfil, deliver and bill for next generation services and content.
Published 13 Mar, 2009 12:00am
Sindh ACS misusing billions of rupees on unnecessary schemes

Sindh ACS misusing billions of rupees on unnecessary schemes

Although the country is in grip of financial crisis, the Additional Chief Secretary Sindh (ACS) Nazar Hussain Mahar, who has the political backing of ruling Pakistan Peoples Party-led government, is misusing billions of rupees public money on unnecessary
Published 13 Mar, 2009 12:00am
Qaim calls for concerted efforts to prevent kidney disease

Qaim calls for concerted efforts to prevent kidney disease

Sindh Chief Minister, Syed Qaim Ali Shah here on Thursday expressed his concern viz a viz rising incidence of renal failure, in Pakistan and urged for focus on prevention. Addressing the symposium organised by Sindh Institute of Urology and Transplantatio
Published 13 Mar, 2009 12:00am
Hubco Narowal project Financial Close achieved

Hubco Narowal project Financial Close achieved

The Hub Power Company Limited (Hubco) has announced that the Financial Close of the Hubco Narowal 225 megawatts RFO fired project has now been achieved. In an information send to Karachi Stock Exchange (KSE) here on Thursday, the company said that the con
Published 13 Mar, 2009 12:00am
18 militants killed in Mohmand agency

18 militants killed in Mohmand agency

Paramilitary forces backed by jets and helicopter gunships Thursday killed 18 militants in Mohmand area, a security official said. "At least 18 militants were killed, including one important commander," a security official told AFP. He did not disclose th
Published 13 Mar, 2009 12:00am
US missile strike kills 15 in Kurram

US missile strike kills 15 in Kurram

A suspected US missile strike slammed into a Taliban camp in tribal area of Kurram on Thursday, killing 15 militants, including suspected al Qaeda fighters, security officials said. Two missiles fired by an unmanned drone struck the den in the tribal area
Published 13 Mar, 2009 12:00am
US missile strike kills 15 in Kurram

US missile strike kills 15 in Kurram

A suspected US missile strike slammed into a Taliban camp in tribal area of Kurram on Thursday, killing 15 militants, including suspected al Qaeda fighters, security officials said. Two missiles fired by an unmanned drone struck the den in the tribal area
Published 13 Mar, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 Mar, 2009 12:00am
18 militants killed in Mohmand agency

18 militants killed in Mohmand agency

Paramilitary forces backed by jets and helicopter gunships Thursday killed 18 militants in Mohmand area, a security official said. "At least 18 militants were killed, including one important commander," a security official told AFP. He did not disclose th
Published 13 Mar, 2009 12:00am
ADB rejoinder

ADB rejoinder

Apropos a news item "Donors worried over political instability: ADB" carried by Business Recorder on Thursday, the following is Asian Development Bank rejoinder: We take strong exception to the complete misrepresentation of ADBs statement in the sa
Published 13 Mar, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (March 12, 2009).

Published 13 Mar, 2009 12:00am
ADB rejoinder

ADB rejoinder

Apropos a news item "Donors worried over political instability: ADB" carried by Business Recorder on Thursday, the following is Asian Development Bank rejoinder: We take strong exception to the complete misrepresentation of ADBs statement in the sa
Published 13 Mar, 2009 12:00am
ADB rejoinder

ADB rejoinder

Apropos a news item "Donors worried over political instability: ADB" carried by Business Recorder on Thursday, the following is Asian Development Bank rejoinder: We take strong exception to the complete misrepresentation of ADBs statement in the sa
Published 13 Mar, 2009 12:00am
Pakistan, Afghanistan and Iran join hands in crackdown on drug dealers

Pakistan, Afghanistan and Iran join hands in crackdown on drug dealers

Iran, Afghanistan and Pakistan carried out their first joint counter-narcotics operation this week, pooling intelligence to arrest suspects and seize drugs in an unprecedented show of co-operation, UN officials said. Officials at the Vienna-based UN Offic
Published 13 Mar, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Mar, 2009 12:00am
Pakistan, Afghanistan and Iran join hands in crackdown on drug dealers

Pakistan, Afghanistan and Iran join hands in crackdown on drug dealers

Iran, Afghanistan and Pakistan carried out their first joint counter-narcotics operation this week, pooling intelligence to arrest suspects and seize drugs in an unprecedented show of co-operation, UN officials said. Officials at the Vienna-based UN Offic
Published 13 Mar, 2009 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (March 12, 2009).

Published 13 Mar, 2009 12:00am
Pakistan must give access to nuclear scientist: US lawmakers

Pakistan must give access to nuclear scientist: US lawmakers

US lawmakers on Thursday introduced legislation aiming to cut off military aid to Pakistan unless US officials are able to question alleged nuclear proliferator Abdul Qadeer Khan. Khan, released from house arrest in early February, "is again a loose nuke
Published 13 Mar, 2009 12:00am
Pakistan must give access to nuclear scientist: US lawmakers

Pakistan must give access to nuclear scientist: US lawmakers

US lawmakers on Thursday introduced legislation aiming to cut off military aid to Pakistan unless US officials are able to question alleged nuclear proliferator Abdul Qadeer Khan. Khan, released from house arrest in early February, "is again a loose nuke
Published 13 Mar, 2009 12:00am
Zardari firms his grip on State institutions

Zardari firms his grip on State institutions

President Asif Ali Zardari has proved to be the most skilful politician and tactician in Pakistans recent history to complete his grip on all state institutions in just one year as his under-rated choice for high office of Chairman Senate Farooq H. Naek w
Published 13 Mar, 2009 12:00am
THE RUPEE: dollar retreats

THE RUPEE: dollar retreats

Further improvement was seen on the currency market on Thursday as rupee recovered more ground versus dollar, dealers said. On the interbank market the rupee rose by five paisa against dollar for buying and selling at 80.30 and 80.35, they said.
Published 13 Mar, 2009 12:00am
MCCI hails SBPs decision

MCCI hails SBPs decision

President of Multan Chamber of Commerce & Industry (MCCI) Anis Ahmed Sheikh has hailed the decision of State Bank of Pakistan (SBP) to allow financing for the import of second hand plant and machinery to be used in the eligible sectors/sub-sectors of LTFF
Published 13 Mar, 2009 12:00am
THE RUPEE: dollar retreats

THE RUPEE: dollar retreats

Further improvement was seen on the currency market on Thursday as rupee recovered more ground versus dollar, dealers said. On the interbank market the rupee rose by five paisa against dollar for buying and selling at 80.30 and 80.35, they said.
Published 13 Mar, 2009 12:00am
Crackdown against opposition parties activists continues

Crackdown against opposition parties activists continues

Crackdown of law enforcement agencies continued against the activists of political parities, who are supporting and participating long march and in this connection at least 142 activists of PML-N, JI, Jamiat Ahle-Hadith and Shabab-i-Milli have been arrest
Published 13 Mar, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 12, 2009).

Published 13 Mar, 2009 12:00am
Lawyers take out weekly rallies in Lahore

Lawyers take out weekly rallies in Lahore

Lawyers in Lahore took out their weekly protest rallies despite section 144 imposed by the Punjab government to keep the masses away from the long march and sit-in to be staged at Constitutional Avenue. As the long march started from Karachi and Quetta on
Published 13 Mar, 2009 12:00am
EUs decision to abolish anti-dumping duty hailed

EUs decision to abolish anti-dumping duty hailed

Chairman, Faisalabad Dry Port Trust, Sheikh Ashfaq Ahmed has hailed the European Union decision to abolish Anti-Dumping Duty on Export of Bed Linen to European Countries and said that after this long-awaited decision, the Exports of Bed Linen from Pakista
Published 13 Mar, 2009 12:00am
Dialogue, reconciliation solution to all problems: AG

Dialogue, reconciliation solution to all problems: AG

Attorney General Sardar Latif Khan Khosa on Thursday said that politics of confrontation is no service to the nation and all issues should be decided in the Parliament. Talking to APP, he said that dialogue and reconciliation is solution to all problems a
Published 13 Mar, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 12, 2009).

Published 13 Mar, 2009 12:00am
Multan lawyers vow to defy all restrictions

Multan lawyers vow to defy all restrictions

The lawyers leadership in Multan has warned the government against using force to prevent long march and subsequent sit-in, vowing that they are ready to defy all restrictions including imposition of section 144 and no force can stop flood of protesters,
Published 13 Mar, 2009 12:00am
Long march will change nations destiny: Hashmi

Long march will change nations destiny: Hashmi

Makhdoom Javed Hashmi, central vice president of PML-N on Thursday said that the long march would change the nations destiny, urging the people to prepare for sacrifices to bring about a political revolution in the country.
Published 13 Mar, 2009 12:00am
PML-Q forward bloc lends support to PML-N

PML-Q forward bloc lends support to PML-N

The forward block MPAs of Pakistan Muslim League-Q (PML-Q) extended again their full support to the Pakistan Muslim League-Nawaz (PML-N) amid rumours that the PPP and PML-Q may make a last attempt to form a coalition government in Punjab ahead.
Published 13 Mar, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 12, 2009).

Published 13 Mar, 2009 12:00am
PML-Q alliance with PPP refuted

PML-Q alliance with PPP refuted

President PML-Q Punjab Chaudhry Pervaiz Elahi has said that PML-Q had its own entity and it maintains its identification. He turned down all the rumours of an alliance of his party with the PPP for the formation of government in Punjab and said that PML-Q
Published 13 Mar, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 12, 2009).

Published 13 Mar, 2009 12:00am
PPP has no future under Zardari: Haji Yaqoob

PPP has no future under Zardari: Haji Yaqoob

A former three-time elected member of the National Assembly and PPP stalwart Haji Mohammad Yaqoob Khan, announced quitting of Pakistan Peoples Party (PPP)on Thursday. Condemning the leadership of Asif Ali Zardari and he said that President Asif Ali Zardar
Published 13 Mar, 2009 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (March 12, 2009) and for Friday (March 13, 2009).
Published 13 Mar, 2009 12:00am
NWFP claims finding clues to terrorism incidents

NWFP claims finding clues to terrorism incidents

The government of NWFP on Thursday claimed finding clues to the bomb blast in the killing of Haji Alamzeb Khan MPA and Wednesday life attack on Senior Minister Bashir Ahmad Bilour. However, it remained short of revealing further details regarding the two
Published 13 Mar, 2009 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on March 10, 2009.

Published 13 Mar, 2009 12:00am
Obituary notification

Obituary notification

The Punjab Health Department has issued obituary notification on the sad demise of Dr Ashfaq Ahmad Khan, Professor of Medicine, Allama Iqbal Medical College Lahore, who had been died on January 16. In the notification issued here on Thursday, it is stated
Published 13 Mar, 2009 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on March 10, 2009.

Published 13 Mar, 2009 12:00am
Pemra warns cable operators

Pemra warns cable operators

Pakistan Electronic Media Regulatory Authority (Pemra) has warned cable operators to stop relaying vulgar and obscene CDs, otherwise strict action will be taken against them. A circular issued by Pemra said here on Thursday that despite numerous instructi
Published 13 Mar, 2009 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on March 10, 2009.

Published 13 Mar, 2009 12:00am
NWFP Assembly demands lifting of ban on logging

NWFP Assembly demands lifting of ban on logging

The provincial legislature of the North West Frontier Province (NWFP) Thursday passed a unanimous resolution demanding abolition of ban on cutting of forests and ask the forests scientific management to protect them from further destruction. The joint res
Published 13 Mar, 2009 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 13 Mar, 2009 12:00am
President appoints three judges of SHC

President appoints three judges of SHC

President Asif Ali Zardari has appointed three additional judges of Sindh High Court as judges of the said court with effect from the date their present term expires. The name of judges appointed as Judges of Sindh High Court are: Justice Syed Mahmood Ala
Published 13 Mar, 2009 12:00am
President appoints three judges of SHC

President appoints three judges of SHC

President Asif Ali Zardari has appointed three additional judges of Sindh High Court as judges of the said court with effect from the date their present term expires. The name of judges appointed as Judges of Sindh High Court are: Justice Syed Mahmood Ala
Published 13 Mar, 2009 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 13 Mar, 2009 12:00am
Naek calls on Gilani

Naek calls on Gilani

Farooq H Naek, soon after his successful election as the Chairman Senate, called on the Prime Minister, Syed Yousaf Raza Gilani at his Parliament House chamber and thanked the PM for the efforts for his unopposed election. Gilani congratulated Naek on his
Published 13 Mar, 2009 12:00am
The Weather

The Weather

The weather report on Thursday (March 12, 2009) and the forecast for Friday (March 13, 2009).

Published 13 Mar, 2009 12:00am
Gilani and Taseer discuss Punjab situation

Gilani and Taseer discuss Punjab situation

The Prime Minister, Syed Yousaf Raza Gilani called the Governor Punjab, Salman Taseer for a meeting at his chamber in the Parliament House Thursday morning. The Governor briefed the Prime Minister about the overall political situation in Punjab.
Published 13 Mar, 2009 12:00am
JUI senators meet Gilani

JUI senators meet Gilani

A delegation of Jamiat Ulema-e-Islam (F) senators led by Maulana Abdul Ghafoor Haideri on Thursday called on Prime Minister Syed Yousuf Raza Gilani at his Parliament House chamber and discussed development projects in their respective areas. The Prime Min
Published 13 Mar, 2009 12:00am
Interior Ministry cautions Sharif brothers about threats to their lives

Interior Ministry cautions Sharif brothers about threats to their lives

The Interior Ministry has cautioned Pakistan Muslim League Nawaz (PML-N) chief, Mian Nawaz Sharif and President PML-N Shahbaz Sharif about threats to their lives and advised them to avoid addressing public rallies. This was stated in a letter sent to Shar
Published 13 Mar, 2009 12:00am
Sharif brothers practising politics of confrontation: Babar

Sharif brothers practising politics of confrontation: Babar

Minister for Parliamentary Affairs, Dr Babar Awan has said that the efforts to hijack democracy in the name of lawyers movement will be foiled. Addressing a delegation of lawyers who met him at PIMS hospital on Thursday he welcomed the decision of Rawalpi
Published 13 Mar, 2009 12:00am
PPP AJK asks PML-N to adopt conciliatory approach

PPP AJK asks PML-N to adopt conciliatory approach

Leader of Pakistan Peoples Party AJK and Health Minister AJK Sardar Qamar-uz-Zaman on Thursday asked PML-N leadership to shun the politics of agitation and solve all the issues with the Pakistan government through dialogue. "Rebellious threats and street
Published 13 Mar, 2009 12:00am
Lawyers should opt for dialogue to resolve issues: minister

Lawyers should opt for dialogue to resolve issues: minister

Federal Minister for Minorities Affairs Shahbaz Bhatti Thursday urged the lawyers community to adopt the course of dialogue to resolve all outstanding issues instead of resorting to long march or sit-in. "I call upon all those political parties who are ai
Published 13 Mar, 2009 12:00am
Private sector maintained quality of higher education: Kaira

Private sector maintained quality of higher education: Kaira

Federal Minister for Kashmir Affairs and Northern Areas, Qamar Zaman Kaira has said that private sector is playing a vital role for promoting the quality and standards of higher education and supplementing the government efforts in the country.
Published 13 Mar, 2009 12:00am
PPP can form government in Punjab: Wattoo

PPP can form government in Punjab: Wattoo

Minister for Industries and Production Mian Manzoor Ahmad Wattoo on Thursday expressed the hope that Pakistan Peoples Party (PPP) can form coalition government in Punjab. "Pakistan Peoples Party has 109 seats while there are 85 members of Pakistan Muslim
Published 13 Mar, 2009 12:00am
Senate elections: all bids of horse-trading foiled, says Raisani

Senate elections: all bids of horse-trading foiled, says Raisani

Pakistan Peoples Party (PPP) leader Senator Nawabzada Lashkari Raisani on Thursday said the PPP and its allied parties had foiled all bids of horse-trading in the Senate elections which, according to him, was a major milestone in the countrys democratic h
Published 13 Mar, 2009 12:00am
Government to launch low housing scheme in Multan

Government to launch low housing scheme in Multan

Federal Minister for Housing and Works Rahmatullah Kakar has said that the government would launch low income housing scheme at District Multan under the Prime Ministers Housing Scheme, which would mitigate the shelter problems of the homeless people of t
Published 13 Mar, 2009 12:00am
CDA managements surprise visit to revenue directorate

CDA managements surprise visit to revenue directorate

Member Administration of Capital Development Authority (CDA), S.M Farooqi, Member Finance Saeed-ur-Rehman along with Director Human Resource Development paid a surprise visit to Revenue Directorate here on Thursday. They observed the attendance of officia
Published 13 Mar, 2009 12:00am
LDA introduces computerised system

LDA introduces computerised system

Director General, Lahore Development Authority (LDA), Shahid Mahmood, has inaugurated a computerised system that has been set up to help maintain record regarding transfer of plots under LDA housing schemes. The new system has been designed for ensuring t
Published 13 Mar, 2009 12:00am
Transfers and postings of judges

Transfers and postings of judges

The Chief Justice of the Lahore High Court (LHC) made transfers and postings among three civil judges-cum-judicial magistrates. According to a notification the civil judge-come-judicial magistrate, Sarfraz Hussain had been transferred from Khuhab to Rawal
Published 13 Mar, 2009 12:00am
Benazir Bhutto case hearing next week

Benazir Bhutto case hearing next week

An Anti Terrorist Court will resume the hearing of the former Prime Minister Benazir Bhutto assassination case here next week. The Defence Lawyers had completed the cross-examination of the Magistrate Chaudhry Taufeeq on last date of hearing. The Magistra
Published 13 Mar, 2009 12:00am