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Print - 2009-04-23
40kW wind power plant to be inaugurated today

40kW wind power plant to be inaugurated today

Federal Minister for Water and Power Raja Pervez Ashraf would inaugurate 40 kW demonstrative micro wind power plant project in Kalar Kahar today (Thursday). The project would be the first wind project to be set up in Punjab. The inauguration of the demons
Published 23 Apr, 2009 12:00am
Chief Justice to attend two-day symposium in Turkey

Chief Justice to attend two-day symposium in Turkey

Chief Justice Iftikhar Muhammad Chaudhry will attend a two-day symposium on 47th anniversary of the Constitutional Court of the Republic of Turkey on April 24-25 in Ankara and Istanbul and sign Memorandum of Understanding (MoU) on bilateral co-operation.
Published 23 Apr, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Apr, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 23 Apr, 2009 12:00am
LHC allows time extension to inspect ZAB case documents

LHC allows time extension to inspect ZAB case documents

A member of Lahore High Court Bar Association (LHCBA), Mohammad Azhar Siddique has moved a petition before Chief Justice of Lahore High Court (LHC) seeking a week's time to complete the inspection of the record of Late ZA Bhutto's murder trial.
Published 23 Apr, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
Illegal assets: Javed Hashmi acquitted of charges

Illegal assets: Javed Hashmi acquitted of charges

An accountability court acquitted MNA and PML-N leader Javed Hashmi in a reference against him for having illegal assets of rupees 28 million. The reference was filed against him in the last government of Pervez Musharraf. The court headed by Sheikh Ahmed
Published 23 Apr, 2009 12:00am
ARL awarded for best environmental, social practices

ARL awarded for best environmental, social practices

World-wide Fund for Nature (WWF) and Association of Chartered Certified Accountants (ACCA) have awarded "Best Sustainability Report Award 2008" to Attock Refinery Limited (ARL) in recognition of its encouragement for best environmental and social practice
Published 23 Apr, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Apr, 2009 12:00am
Lawmakers and economic bodies urged to take part in budget discussions

Lawmakers and economic bodies urged to take part in budget discussions

Faisal Karim Kundi, Acting Speaker National Assembly has called for enhancing interaction between parliamentarians, economic organisation and public for creating wide spread acceptability of the annual national budget. He asked the Parliamentarians to act
Published 23 Apr, 2009 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 23 Apr, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Apr, 2009 12:00am
Altaf phones Rehman

Altaf phones Rehman

Chief of Muttahida Qaumi Movement (MQM), Altaf Hussain on Wednesday called upon Advisor to Prime Minister for Interior, Rehman Malik to take stern action against the culprits involved in alleged dacoity and armed attacks on houses in a locality at Tessar
Published 23 Apr, 2009 12:00am
'Inquiry to be conducted into non-availability of PIA tickets'

'Inquiry to be conducted into non-availability of PIA tickets'

Minister of State for Defence Arbab Muhammad Zahir has informed the National Assembly here on Wednesday that the government would conduct an inquiry in the alleged complaints against the Pakistan International Airlines (PIA) on the issue of non-availabili
Published 23 Apr, 2009 12:00am
Concern voiced over environmental degradation

Concern voiced over environmental degradation

In an agro-based economy like Pakistan, rapid population growth is squeezing the resource base with increasing dependence on natural resources and lack of awareness is adding fuel to the fire in the shape of their over-exploitation, ultimately acceleratin
Published 23 Apr, 2009 12:00am
Food department officers directed to resolve farmers' problems

Food department officers directed to resolve farmers' problems

Provincial Minister for Food Malik Nadeem Kamran directed the officers of food department for resolving farmers' problems who are bringing their wheat at purchase centres of food department. He said that all out efforts should be made for the purchase of
Published 23 Apr, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
World Bank to give $100 million for HESP to overhaul university sector

World Bank to give $100 million for HESP to overhaul university sector

World Bank (WB) will provide $100 million for Pakistan Higher Education Support Programme (HESP) to enhance the skills of Pakistanis capable of contributing to an economy increasingly based on knowledge and technology, through an overhaul of the entire un
Published 23 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
Protest against loadshedding

Protest against loadshedding

The business community here has decided to protest against power loadshedding and overbilling on Thursday. The decision to this effect was taken in a meeting of the traders, chaired by its President Irshad Hussain Bhatti. The Anjuman Tajiran Patron-in-Chi
Published 23 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
Punjab farmers threaten to hold long march

Punjab farmers threaten to hold long march

Anjuman-e-Mazareen Punjab has threatened to hold a long march from Multan to Lahore, if the government does not fulfil the promise of allocating land to landless farmers and quash cases registered against the poor farmers during the martial law regime.
Published 23 Apr, 2009 12:00am
Odd Lot Market Rates

Odd Lot Market Rates

Odd Lot Market Rates on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
Convocation

Convocation

The annual convocation of FMH College of Medicine and Dentistry is being held here at Aiwan-e-Iqbal on Thursday (today) at 5.00 pm.
Published 23 Apr, 2009 12:00am
Ghani warns militants to abstain from violent activities

Ghani warns militants to abstain from violent activities

NWFP Governor Owais Ahmed Ghani on Wednesday reiterated commitment to the enforcement of Sharia Nizam-e-Adal Regulations. However, he expressed his deep anguish on the criminal activities of kidnappings, looting and carjackings in Swat and its adjoining d
Published 23 Apr, 2009 12:00am
Government decision on DTS challenged in LHC

Government decision on DTS challenged in LHC

A division bench of the Lahore High Court (LHC) has issued pre-admission notice for April 27 in a writ petition, challenging advancing of the clock by an hour (Daylight Time Saving- DTS) as well as unequal burden of load-shedding on the citizens.
Published 23 Apr, 2009 12:00am
Iranian envoy calls on Railways minister

Iranian envoy calls on Railways minister

Masha Allah Shakeri, the Ambassador of Islamic Republic of Iran called on the Federal Minister for Railways, Ghulam Ahmad Bilour on Wednesday. The envoy discussed with the Minister matters of mutual and common interest in the backdrop of up-gradation and
Published 23 Apr, 2009 12:00am
US to pursue strategic relationship with Pakistan: Flournoy

US to pursue strategic relationship with Pakistan: Flournoy

The United States on Tuesday pledged to pursue a strategic partnership with Pakistan through expanded economic and security co-operation and support for democracy in the South Asian country, whose support Washington considers vital to combating terrorism
Published 23 Apr, 2009 12:00am
Pakistan urges India to resume dialogue

Pakistan urges India to resume dialogue

Regretting that UN Security Council resolutions on the Kashmir dispute remain unimplemented to date, Pakistan on Tuesday urged India to resume the suspended composite dialogue aimed at promoting durable peace in the subcontinent. At the same time, Ambassa
Published 23 Apr, 2009 12:00am
THE RUPEE: no big change

THE RUPEE: no big change

No sharp fluctuations were seen in the rupee-dollar official parity rate on the currency market on Wednesday, dealers said. The rupee managed to move in a narrow band on the interbank, depicting one paisa gain versus dollar for buying at 80.59 and it also
Published 23 Apr, 2009 12:00am
India involved in Balochistan unrest through BLA: Rehman tells Senate

India involved in Balochistan unrest through BLA: Rehman tells Senate

Adviser to the Prime Minister on Interior, Rehman Malik on Wednesday informed the Senate that India is involved in Balochistan unrest through Baloch Liberation Army (BLA), which was established with the blessings of defunct USSR during Afghan war in the '
Published 23 Apr, 2009 12:00am
THE RUPEE: no big change

THE RUPEE: no big change

No sharp fluctuations were seen in the rupee-dollar official parity rate on the currency market on Wednesday, dealers said. The rupee managed to move in a narrow band on the interbank, depicting one paisa gain versus dollar for buying at 80.59 and it also
Published 23 Apr, 2009 12:00am
India involved in Balochistan unrest through BLA: Rehman tells Senate

India involved in Balochistan unrest through BLA: Rehman tells Senate

Adviser to the Prime Minister on Interior, Rehman Malik on Wednesday informed the Senate that India is involved in Balochistan unrest through Baloch Liberation Army (BLA), which was established with the blessings of defunct USSR during Afghan war in the '
Published 23 Apr, 2009 12:00am
'Drone attacks increasing hatred against US'

'Drone attacks increasing hatred against US'

The US drone attacks on Pakistani soil proved counter-productive and are increasing hatred against America, besides terrorists are gaining public support, said Minister of State for Interior Tasneem Ahmed Qureshi here on Wednesday. Pakistan had officially
Published 23 Apr, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
Mobile phones - the key to social advancement

Mobile phones - the key to social advancement

Much has been said about the need to bridge the digital divide, however very less has been focused so far on how to get the job done. Hence, it is not surprising that most of the world's population, particularly the vast majority in the developing world,
Published 23 Apr, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
Sufi's demands create hurdles in implementation of peace deal: Kaira

Sufi's demands create hurdles in implementation of peace deal: Kaira

Federal Information Minister Qamar Zaman Kaira has said that the demands of TSNM chief Sufi Mohammad will create hurdles in the implementation of the peace deal, causing irreparable damage. Talking to journalists here on Wednesday, he said that the ideolo
Published 23 Apr, 2009 12:00am
ITP helpline modernised

ITP helpline modernised

The Helpline of Islamabad Traffic Police (ITP), 1915 has been equipped with modern technology to provide better services to the citizens. 'The help line 1915 of ITP has been equipped with latest facilities and road users can contact over the number, in ca
Published 23 Apr, 2009 12:00am
JSIL approves interim dividends

JSIL approves interim dividends

The Board of Directors of JS Investments Limited (JSIL), the Management Company of JS Income Fund (JS IF) and JS Aggressive Income Fund (JS AIF), in a meeting held here on Wednesday approved interim dividends for JS IF and JS AIF for the third quarter of
Published 23 Apr, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
JSIL approves interim dividends

JSIL approves interim dividends

The Board of Directors of JS Investments Limited (JSIL), the Management Company of JS Income Fund (JS IF) and JS Aggressive Income Fund (JS AIF), in a meeting held here on Wednesday approved interim dividends for JS IF and JS AIF for the third quarter of
Published 23 Apr, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
FAML adding two new Islamic, Shariah Compliant funds

FAML adding two new Islamic, Shariah Compliant funds

In line with their growth and expansion strategy, Faysal Asset Management Limited (FAML) is in the process of adding two new Islamic, Shariah Compliant funds to their existing portfolio. In this regard, a Trust Deed signing ceremony was organised at FAML
Published 23 Apr, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
FAML adding two new Islamic, Shariah Compliant funds

FAML adding two new Islamic, Shariah Compliant funds

In line with their growth and expansion strategy, Faysal Asset Management Limited (FAML) is in the process of adding two new Islamic, Shariah Compliant funds to their existing portfolio. In this regard, a Trust Deed signing ceremony was organised at FAML
Published 23 Apr, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (April 22, 2009) and for Thursday (April 23, 2009).
Published 23 Apr, 2009 12:00am
State Life pays Rs 1.90 billion to settle claims

State Life pays Rs 1.90 billion to settle claims

State Life Insurance Corporation of Pakistan has paid Rs 1.90 billion on account of claims thus providing financial protection and savings to more than 15,000 valued policyholders and their families nation-wide during the first quarter of 2009. This was s
Published 23 Apr, 2009 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 23 Apr, 2009 12:00am
Smeda organises business plan competition

Smeda organises business plan competition

Small and Medium Enterprises Development Authority (Smeda), in collaboration with Sarhad University, organised first Inter-Universities Business Plan Competition at Entrepreneurship Development Centre (EDC). The award distribution ceremony of the competit
Published 23 Apr, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 23 Apr, 2009 12:00am
KMTC workers with 18 years service not yet regularised

KMTC workers with 18 years service not yet regularised

While the long-awaited work on three transport related mega projects in Karachi has started after receiving green signal from the President, the city government is yet to regularise the employees in Karachi Mass Transit Cell (KMTC) with 18 years service.
Published 23 Apr, 2009 12:00am
The Weather

The Weather

The weather report on Wednesday (April 22, 2009) and the forecast for Thursday (April 23, 2009).

Published 23 Apr, 2009 12:00am
Tackling Karachi's power crunch

Tackling Karachi's power crunch

Federal Minister for Water and Power Raja Pervaiz Ashraf has taken a serious view of frequent load-shedding in Karachi, and said that the duration of daily power outages in the city, where electricity deficit ranges from 250 to 270 megawatts, should not b
Published 23 Apr, 2009 12:00am
Devising a new code of conduct

Devising a new code of conduct

Lahore High Court's new Chief Justice Khwaja Mohammad Sharif attracted much public attention and admiration last week when he politely turned down an offer to become acting governor in the absence of Governor Salmaan Taseer. That, he said, he was doing in
Published 23 Apr, 2009 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 23 Apr, 2009 12:00am
Boycott is no answer

Boycott is no answer

Expecting Israel would once again earn international condemnation for its racist policies most of its supporters did not turn up at Geneva this Sunday to attend the UN anti-racism conference. The last anti-racism conference at Durban in 2001 had listed Is
Published 23 Apr, 2009 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (April 22, 2009).

Published 23 Apr, 2009 12:00am
View point: after the surrender

View point: after the surrender

Awami National Party (ANP) President Asfandyar Wali is angry, and rightly so, at all those who have been criticising his party for having negotiated the Swat peace deal in the form of Adl Regulation with Tehrik-e-Nifaz-e-Shriat-e-Mohammadi (TNSM) chief Su
Published 23 Apr, 2009 12:00am
View point: after the surrender

View point: after the surrender

Awami National Party (ANP) President Asfandyar Wali is angry, and rightly so, at all those who have been criticising his party for having negotiated the Swat peace deal in the form of Adl Regulation with Tehrik-e-Nifaz-e-Shriat-e-Mohammadi (TNSM) chief Su
Published 23 Apr, 2009 12:00am
Asia tourism reels as firms cut back business travel

Asia tourism reels as firms cut back business travel

At a plush Hong Kong airport hotel, the only sign of activity comes from the dining-room where a queue of locals fill up their plates at a dinner buffet offered at a promotional rate to Hong Kong residents. Before the slowdown, the hotel lobby would have
Published 23 Apr, 2009 12:00am
Marshall Plan for Pakistan

Marshall Plan for Pakistan

President Asif Ali Zardari has called for a major aid drive, like the Marshall Plan, to fight poverty and militancy in the country. It was an ingenious proposal by our President.
Published 23 Apr, 2009 12:00am
Indian influx

Indian influx

Pakistanis have found themselves deserted and heavily sanctioned by their allies. On its eastern borders India is still as hostile as ever. After the 9/11 attacks, instead of seeking assistance of the patrons of Taliban and its time-tested partner ISI, Am
Published 23 Apr, 2009 12:00am
Gondal for boosting agriculture cooperation with Iran

Gondal for boosting agriculture cooperation with Iran

Federal Minister for Food and Agriculture, Nazar Muhammad Gondal here on Wednesday stressed the need for increasing bilateral co-operation between Pakistan and Iran, particularly in the agriculture sector. Talking to Ambassador of Iran Mashaallah Shakri t
Published 23 Apr, 2009 12:00am
Democracy

Democracy

Pakistan is a product of a democratic struggle led by politicians, lawyers, workers, urban middle class and peasants. Its survival is wedded to the democratic system, with an independent judiciary and the state performing its welfare role for all citizens
Published 23 Apr, 2009 12:00am
Fahim for improving quality of export goods

Fahim for improving quality of export goods

Federal Minister for Commerce, Makhdoom Amin Fahim has suggested the exporters to focus on quality improvement and efforts for bringing innovations into designing to make the product of international standards. A six member delegation of Pakistan Carpet M
Published 23 Apr, 2009 12:00am
UAF signs agreements with US University

UAF signs agreements with US University

University of Agriculture Faisalabad (UAF) has signed two agreements of co-operation with University of California Davais (UCD), USA for collaborating in teaching, training, research and development in agricultural sciences. This was revealed during a thr
Published 23 Apr, 2009 12:00am
Voluntary repatriation of Afghans resumes

Voluntary repatriation of Afghans resumes

The United Nations High Commission for Refugees UNHCR-assisted voluntary repatriation of registered Afghans with Proof of Registration (PoR) cards in Pakistan has resumed from Peshawar, after being temporarily suspended a week ago due to maintenance.
Published 23 Apr, 2009 12:00am
NDMA directed to expedite rehabilitation of IDPs

NDMA directed to expedite rehabilitation of IDPs

Chairman National Disaster Management Authority (NDMA), Lieutenant General Farooq Ahmad Khan (Retd) called on Prime Minister Syed Yousuf Raza Gilani here at the PM House on Wednesday. The Prime Minister directed him to expedite rehabilitation of the Inter
Published 23 Apr, 2009 12:00am
Nizam-e-Adl to be implemented for speedy justice: Hoti

Nizam-e-Adl to be implemented for speedy justice: Hoti

NWFP Chief Minister, Amir Haider Hoti said on Wednesday that provincial government will implement Nizam-e-Adl regulation so that people can get speedy and affordable justice in Malakand Division. Talking to PTV, he said 'Nizam-e-Adl regulation will be imp
Published 23 Apr, 2009 12:00am
Setting up of Qazi courts: NWFP government discussing modalities

Setting up of Qazi courts: NWFP government discussing modalities

NWFP Senior Minister Bashir Ahmed Bilour said on Wednesday that provincial administration was discussing modalities for the establishment of Qazi courts and implementation of Nizam-e-Adl Regulation with representative of Tehrik Nafaz Shariat Muhammadi.
Published 23 Apr, 2009 12:00am
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