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Print - 2009-08-29
100,000 Pakistani workers in Malaysia by next year

100,000 Pakistani workers in Malaysia by next year

Pakistan is set to join Indonesia, Bangladesh and Myanmar as a primary source of foreign labour for Malaysia, with a three-fold increase in workers, taking their numbers to 100,000 by December next year. This was reported by Balan Mosses, the Deputy Chief
Published 29 Aug, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 28, 2009).

Published 29 Aug, 2009 12:00am
PLGMEA will accompany trade delegation to Australia, New Zealand

PLGMEA will accompany trade delegation to Australia, New Zealand

The Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) would accompany a trade delegation to explore the trade market of Australia and New Zealand. This was revealed Friday by the Chairman of PLGMEA Fawad Ijaz Khan who said that th
Published 29 Aug, 2009 12:00am
Rs 86.956 million to be spent on culture, tourism schemes

Rs 86.956 million to be spent on culture, tourism schemes

The Culture and Tourism department will spend Rs 86.956 million on various culture and tourism schemes under the Annual Development Programme. This was stated by Secretary Culture and Tourism, Shams Jaffrani while chairing a meeting here n Friday. The mee
Published 29 Aug, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 28, 2009).

Published 29 Aug, 2009 12:00am
'Agro-biotechnology may fulfil future demands of food'

'Agro-biotechnology may fulfil future demands of food'

The Agro-Biotechnology can play an important role in the agriculture development of the country. The products of agriculture biotechnology, especially the disease resistance crops, high yielding varieties and new varieties with essential nutrients can ful
Published 29 Aug, 2009 12:00am
Nooriabad water supply project suspended

Nooriabad water supply project suspended

Nooriabad Water Supply Project has suffered suspension because of non-availability of funds and the impediments being created in the way by the Planning and Development department. This was stated in a meeting held on Friday under the chairmanship of Sind
Published 29 Aug, 2009 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

With the advent of surge in dollars' demand by the importers, the rupee drifted lower against the greenback on the currency market, money analysts said. On the interbank market the rupee slid by 17 paisa against dollar for buying and selling at 83.05 and
Published 29 Aug, 2009 12:00am
MBBS first professional part A, B results announced

MBBS first professional part A, B results announced

The University of Karachi on Friday announced the result of MBBS First Professional Part-A, Supplementary Examination 2009. According to statistics, a total of 125 candidates appeared in the examinations and 81 were declared successful with a pass percent
Published 29 Aug, 2009 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

With the advent of surge in dollars' demand by the importers, the rupee drifted lower against the greenback on the currency market, money analysts said. On the interbank market the rupee slid by 17 paisa against dollar for buying and selling at 83.05 and
Published 29 Aug, 2009 12:00am
Action against violators of official sugar price ordered

Action against violators of official sugar price ordered

DCO Saeed Wahlah has directed the Special Price Magistrates in the District to launch massive crack down against the retailers selling sugar on more than fixed price ie Rs 47/- per kg in open market and violators of official price should be sent behind th
Published 29 Aug, 2009 12:00am
Noor-ul-Hassan laid to rest

Noor-ul-Hassan laid to rest

Pakistan Muslim League-N Chief Nawaz Sharif, Sardar Zulfikar Ali Khan Khosa, Rana Muhammsd, Speaker of Punjab Assembly, Iqbal Zafar Jhagra, Secretary General, senators Malik Salahuddin Dogar, Syed Javed Ali Shah and thousands of political workers, lawyers
Published 29 Aug, 2009 12:00am
Market Committee asked to ensure availability of fresh fruits

Market Committee asked to ensure availability of fresh fruits

Divisional Commissioner, Faisalabad Tahir Hussain has directed the members of Markets' Committee to ensure provision of fresh fruits and vegetables in the "Sastay Ramazan Bazaars" through green channels besides ensuring display of price lists of essential
Published 29 Aug, 2009 12:00am
Brigadier Imtiaz's confession: move termed a conspiracy against PPP

Brigadier Imtiaz's confession: move termed a conspiracy against PPP

The recent confession of Brigadier Imtiaz (Retd) proved how conspiracies were hatched against the Pakistan Peoples Party (PPP) and how its governments were dismissed unconstitutionally. This was stated by Member Federal Council and Secretary Public Relati
Published 29 Aug, 2009 12:00am
Ramazan Complaint Cell

Ramazan Complaint Cell

A special Ramazan Complaint Cell is working in the DCO office under the supervision of Labour Officer Saeed Dillon whose cell No is 0300-6634174 and ground line phone No 041-9201651 has been provided there. The citizens may contact to this complaint cell
Published 29 Aug, 2009 12:00am
Attempts to shield culprits of Shopian incident condemned

Attempts to shield culprits of Shopian incident condemned

A six member Delhi-based team of lawyers, human rights activists, journalists and doctors has said that the rape and murder incident of Aasiya Jan and Neelofar Jan in Shopian has shaken them. The fact-finding team comprising Uma Chakarwarti, Usha Ramarath
Published 29 Aug, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (August 28, 2009).

Published 29 Aug, 2009 12:00am
Campaign against profiteers, hoarders continues

Campaign against profiteers, hoarders continues

Under the orders of Punjab Government and the directions of District Co-ordination Officer (DCO) Saeed Wahlah, the Special Price Magistrates have conducted raids on different markets and bazaars on Friday to check the prices of essential commodities under
Published 29 Aug, 2009 12:00am
Deaths due to open main hole: families of the deceased given cheques

Deaths due to open main hole: families of the deceased given cheques

The District Co-ordination Officer (DCO) Saeed Wahlah gave aid cheques worth Rs 50,000 each to the families of two children who had died due to open main hole and sewerage pipe of Water and Sanitation Agency (WASA) here on Friday in his office. The financ
Published 29 Aug, 2009 12:00am
Punjab chief minister's steps to promote education lauded

Punjab chief minister's steps to promote education lauded

Divisional Commissioner, Tahir Hussain, has said Punjab Chief Minister, Shahbaz Sharif, has taken unprecedented steps to encourage talented students. He was addressing a meeting of the students, who had obtained top positions in the Intermediate Examinati
Published 29 Aug, 2009 12:00am
Alleged militant killed

Alleged militant killed

One person killed when a hand grenade exploded in Bhakkar on Friday. DPO Bhakkar Manzoor Sarwar said that a police team raided the residence of Javed Akhtar, a alleged militant who was manufacturing the suicidal jackets in village Awanwala (Kaloorkot) som
Published 29 Aug, 2009 12:00am
'Export target hard to be achieved'

'Export target hard to be achieved'

The export target of the current fiscal suffered right from the beginning, as during July, the first month of fiscal year export proceeds remained 10 percent short of its target. During the month of July 2009-10, country exported $1.489 billion worth of g
Published 29 Aug, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Aug, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Aug, 2009 12:00am
Minus one formula

Minus one formula

The current topic, widely discussed in our country, is the minus one formula. This theory was first floated while Musharraf was in power, by government agencies to solve the crises of the Supreme Court Judges. Now this theory is again in circulation among
Published 29 Aug, 2009 12:00am
Board meetings in progress

Board meetings in progress

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

Published 29 Aug, 2009 12:00am
Persecution of Christians in India

Persecution of Christians in India

Persecution of Christians has risen to new heights in the Indian Karnataka state after the BJP came to power in February 2006. Attacks on Christian holidays have become common. On Xmas in 2007, Hindu extremists led a series of violent attacks in Orissa's
Published 29 Aug, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 29 Aug, 2009 12:00am
German town cast as Afghanistan in army training

German town cast as Afghanistan in army training

The Afghan village elder's home is actually a German town hall, the mosque is a ramshackle farmhouse and the devout woman in the all-covering burka is really a German soldier. Welcome to Lengefeld, a remote mountain town in ex-communist East Germany that
Published 29 Aug, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (August 28, 2009).

Published 29 Aug, 2009 12:00am
European pressure on greedy bankers mounts

European pressure on greedy bankers mounts

As the global economic emergency recedes, corporate greed is back. Earlier this month, it was revealed that French banking giant BNPParibas was setting aside 1 billion euros (1.43 billion dollars) to pay out banker bonuses, despite receiving 5 billion eur
Published 29 Aug, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 29 Aug, 2009 12:00am
Financial strippers

Financial strippers

If all the people of Pakistan were to be equally treated it would be wonderful, but we know that we are suffering from social diseases that make this virtually unattainable. The world of the average Pakistani is compounded by genius minds that go along wi
Published 29 Aug, 2009 12:00am
Compensatory duty drawbacks

Compensatory duty drawbacks

The issue of payment of additional duty drawbacks to exporters has cropped up between the Ministry of Commerce and the Federal Board of Revenue. In the new Trade Policy, the ministry has proposed zero-rating of exports and till such time as this decision
Published 29 Aug, 2009 12:00am
A peep into CIA's torture cell

A peep into CIA's torture cell

True to his promise to 'humanise' torture techniques, President Obama has converted the Bush-era notorious CIA-run 'Torture Unlimited' enterprise into "Torture Limited" outfit that will operate directly under the White House's oversight.
Published 29 Aug, 2009 12:00am
Key issues of economy

Key issues of economy

Improving tax collection and denting poverty were identified as the two key challenges facing the economy by Paul Ross, IMF resident representative, during a talk with the Business Recorder the other day. According to him, these two issues were dau
Published 29 Aug, 2009 12:00am
ACCA Pakistan joins hands with CMPak Limited

ACCA Pakistan joins hands with CMPak Limited

ACCA Pakistan awarded CMPak Limited with Silver Approved Employer status in recognition of their high standards of staff training and development. According to a spokesman, this award symbolises their achievement of attaining best practice standards relat
Published 29 Aug, 2009 12:00am
Awards distribution ceremony

Awards distribution ceremony

President of the Institution of Engineers Pakistan, Engineer Aftab Islam Agha, has said professional management skills are of vital importance for any country's industrial and infrastructural development. He was speaking at the awards distribution ceremon
Published 29 Aug, 2009 12:00am
Conroy assumes charge as Principal Officer of US consulate

Conroy assumes charge as Principal Officer of US consulate

Carmela Conroy has assumed charge as Principal Officer of the US Consulate in Lahore on Thursday. According to US Consulate Lahore's spokesperson on Friday, Conroy is scheduled to serve in Lahore for two years. She succeeds Bryan Hunt, who is now the Poli
Published 29 Aug, 2009 12:00am
Call to give attention to promotion of agriculture, industrial activity

Call to give attention to promotion of agriculture, industrial activity

Members of the committee on removing poverty in southern Punjab and ensuring its speedy social and economic development has called for paying special attention on agriculture besides promoting industrial sector to create job opportunities in that area. Th
Published 29 Aug, 2009 12:00am
No roles for Musharraf, his associates in country's politics: PML-N

No roles for Musharraf, his associates in country's politics: PML-N

Pakistan Muslim League-Nawaz Central Additional Secretary General and former deputy speaker national assembly Chaudhry Jaffar Iqbal has said that Pervez Musharraf and his associates have no role in the country's politics and they would have to face conseq
Published 29 Aug, 2009 12:00am
US Congress to take up Kerry Lugar Bill, ROZs law in September

US Congress to take up Kerry Lugar Bill, ROZs law in September

The US Congress will take up the Kerry Lugar Bill and legislation related to the Reconstruction Opportunity Zones (ROZs) in September to expedite the process under which the US assistance to Pakistan would increase three times.
Published 29 Aug, 2009 12:00am
Faithful throng mosques on first Friday of Ramazan

Faithful throng mosques on first Friday of Ramazan

Faithful thronged mosques in the provincial metropolis to offer juma prayers on the first Friday of the holy month of Ramazan amid stringent security measures adopted by the law-enforcement agencies. To accommodate maximum number of faithful, special arra
Published 29 Aug, 2009 12:00am
Flood protection wall, footpaths constructed

Flood protection wall, footpaths constructed

The Federal government has completed construction of flood protection wall in village Godda and footpaths in Kalaya village of Orakzai Agency. These projects were identified by the community members of the respective villages in meetings held with local P
Published 29 Aug, 2009 12:00am
US team discusses economic issues with Dar

US team discusses economic issues with Dar

A delegation from the United States visited Punjab House on Friday and discussed economic issues faced by Pakistan with former Finance Minister Senator Ishaq Dar. The delegation was headed by David Lipton-Senior Director International Economics for US Nat
Published 29 Aug, 2009 12:00am
UN to launch Global Climate Week from September 21

UN to launch Global Climate Week from September 21

The United Nations is calling for millions of online signatures for a climate petition and is launching the first-ever Global Climate Week (September 21-25) as part of its 'Seal the Deal' campaign, 100 days ahead of a crucial UN climate change summit in C
Published 29 Aug, 2009 12:00am
Corporate class: PIAF, Founder candidates likely to be elected unopposed

Corporate class: PIAF, Founder candidates likely to be elected unopposed

All eight candidates belonging to Pakistan Industrial and Traders Association Front (PIAF) and Founder Alliance are likely to be elected from the corporate class unopposed as members executive committee of the Lahore Chamber of Commerce and Industry (LCCI
Published 29 Aug, 2009 12:00am
Availability of daily use items will be ensured: Neelam

Availability of daily use items will be ensured: Neelam

Punjab Minister for Population Welfare, Neelam Jabbar Chaudhry has said that government is spending billions of rupees for the provision of daily use items to masses at affordable rates. She assured the people that continuous supply of atta, sugar and oth
Published 29 Aug, 2009 12:00am
General Tariq Majeed calls on Prime Minister

General Tariq Majeed calls on Prime Minister

Chairman Joint Chiefs of Staff Committee General Tariq Majeed Friday called on Prime Minister Syed Yusuf Raza Gilani and discussed with him matters relating to the situation of security in the country.
Published 29 Aug, 2009 12:00am
Bird flu: USAID hands over personal protective gears

Bird flu: USAID hands over personal protective gears

United States Agency for International Development (USAID) Pakistan on Friday officially handed over personal protective equipment kits costing $18,704 along with Infectious Substance Insulated Shipper to help Pakistan cope with outbreaks of bird flu.
Published 29 Aug, 2009 12:00am
Mobilink rating raised to 'B-'

Mobilink rating raised to 'B-'

The Standard and Poor's Ratings Services has raised its long-term corporate credit rating on Pakistan-based wireless service provider, Pakistan Mobile Communications Ltd (Mobilink) to 'B-' from 'CCC+'. Rashid Khan, President & CEO Mobilink said, "despite
Published 29 Aug, 2009 12:00am
Transfers and postings banned in education department

Transfers and postings banned in education department

NWFP Minister for Elementary and Secondary Education Sardar Hussain Babak banned all sorts of transfers and postings in his department with immediate effect and announced that further postings and transfers would be made in the month of July next. The dec
Published 29 Aug, 2009 12:00am
Mobilink rating raised to 'B-'

Mobilink rating raised to 'B-'

The Standard and Poor's Ratings Services has raised its long-term corporate credit rating on Pakistan-based wireless service provider, Pakistan Mobile Communications Ltd (Mobilink) to 'B-' from 'CCC+'. Rashid Khan, President & CEO Mobilink said, "despite
Published 29 Aug, 2009 12:00am
Zulfiqar warns police to mend its attitude

Zulfiqar warns police to mend its attitude

Sindh Home Minister, Dr Zulfiqar Ali Mirza on Friday directed CCPO Karachi and RPOs of Hyderabad and Sukkur to immediately carry out a comprehensive survey of designated places in their respective regions to provide adequate security and also ensure smoot
Published 29 Aug, 2009 12:00am
Action against profiteers continues

Action against profiteers continues

The Revenue Officers Thursday received fine of Rs 18, 700 from 58 shopkeepers on account of charging exorbitant prices for essential commodities. The action has been taken under Price Control and Prevention of Profiteering and Hoarding Act 1977 & Ehtram-e
Published 29 Aug, 2009 12:00am
FTO issues dismissal orders to all 11 advisers

FTO issues dismissal orders to all 11 advisers

In a bid to improve the performance of the Federal Tax Ombudsman (FTO) office, the newly appointed FTO, Dr Shoaib Suddle, has issued dismiss orders to all the advisers, it was reliably learnt on Friday. Sources told Business Recorder that the FTO w
Published 29 Aug, 2009 12:00am
AKUH, ICI volunteers join hands on 'Hope for a Better Future'

AKUH, ICI volunteers join hands on 'Hope for a Better Future'

The children, adolescents and young adults of our country are the most important and vulnerable segment of the population. Recognising the need for promoting disease prevention and healthy lifestyle in this age group, volunteers from ICI Pakistan Limited
Published 29 Aug, 2009 12:00am
Google, CIO Pakistan organise Lahore Tweetup

Google, CIO Pakistan organise Lahore Tweetup

The world's most powerful search engine, Google, and CIO Pakistan recently organised the Lahore Tweetup at the Hot Fuzon Café, the second its nation-wide Tweetup series. Gathering more than 140 active bloggers and microbloggers to engage in a discussion o
Published 29 Aug, 2009 12:00am
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