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Jun 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-10-18
Argentine bonds fall

Argentine bonds fall

Argentine bond prices fell on Friday due to growing skepticism the country will move forward in the short term with plans to restore relations with creditors and the International Monetary Fund. Most government debt traded over-the-counter in Buenos Aires
Published 18 Oct, 2009 12:00am
Brazilian stocks down

Brazilian stocks down

Investors drove Brazilian stocks lower on profit-taking on Friday, as a slump in Wall Street added to bearish sentiment. The benchmark Bovespa index closed down 0.75 percent to 66,200.48, snapping a five-day streak of gains during which the index had adde
Published 18 Oct, 2009 12:00am
Toronto's main stocks index end flat

Toronto's main stocks index end flat

Toronto's main stock index closed flat on Friday as Toronto Dominion Bank and other banks fell after Bank of America Corp reported a quarterly loss, but gold-mining shares provided some lift. With the price of gold firming, four gold-mining shares claimed
Published 18 Oct, 2009 12:00am
Korean treasury-bonds plunge

Korean treasury-bonds plunge

South Korean treasury bonds plunged on Friday, battered by record selling of debt futures by foreign investors fearing big rate increases and state currency controls. Foreign investors sold a net 24,117 government bond futures contracts worth 2.62 trillio
Published 18 Oct, 2009 12:00am
Korean treasury-bonds plunge

Korean treasury-bonds plunge

South Korean treasury bonds plunged on Friday, battered by record selling of debt futures by foreign investors fearing big rate increases and state currency controls. Foreign investors sold a net 24,117 government bond futures contracts worth 2.62 trillio
Published 18 Oct, 2009 12:00am
Wall Street declines

Wall Street declines

US stocks fell on Friday after disappointing results from General Electric Co and Bank of America Corp demonstrated the road to economic recovery will be bumpy. GE, which sells products from aircraft engines to refrigerators, reported a 20 percent drop in
Published 18 Oct, 2009 12:00am
Canadian dollar slips

Canadian dollar slips

Canada's dollar fell against the US currency on Friday as investor thirst for risk waned and soft domestic inflation data underpinned expectations the Bank of Canada will keep rates steady through mid-2010. North American equity markets, typically a barom
Published 18 Oct, 2009 12:00am
Taiwan dollar falls

Taiwan dollar falls

The Taiwan dollar fell as foreign investors and the central bank bought US dollars, but exporter deals limited losses. The T$ has been hovering in a tight range between T$32.20 and T$32.40 over the past week or so, partly because of wariness over the cent
Published 18 Oct, 2009 12:00am
IMM speculators trim bets versus dollar

IMM speculators trim bets versus dollar

Currency speculators pared bets against the US dollar in the latest week, according to Commodity Futures Trading Commission data released on Friday. The value of the dollar's net short position fell to $17.99 billion in the week ended October 13, from a $
Published 18 Oct, 2009 12:00am
Dollar recoups some losses

Dollar recoups some losses

The dollar recovered some of the week's losses on Friday, as news of a large quarterly loss at Bank of America and flagging consumer confidence dulled investor demand for higher-yielding, higher-risk currencies. The greenback hit a 14-month low against th
Published 18 Oct, 2009 12:00am
East African units seen mixed in week ahead

East African units seen mixed in week ahead

The Kenyan shilling is seen trading in a range against the dollar in the week to Wednesday, while Uganda's shilling was expected to strengthen and the Tanzanian unit was forecast to hold steady or gain slightly.
Published 18 Oct, 2009 12:00am
Forex outlook: US dollar weakness likely to persist next week

Forex outlook: US dollar weakness likely to persist next week

The dollar is likely to weaken further next week, cementing a trend that has been in place this month, amid increasing risk appetite and expectations US interest rates will remain low for some time. A generally light US economic calendar in the upcoming w
Published 18 Oct, 2009 12:00am
Stosur beats defending champion Wozniacki

Stosur beats defending champion Wozniacki

Australian third seed Samantha Stosur on Saturday dashed Caroline Wozniacki's title defence to reach the final at the Japan Open women's tennis tournament. The 25-year-old Stosur, who also eliminated 2002 champion Jill Craybas of the United States on Frid
Published 18 Oct, 2009 12:00am
Ailing A1 GP series cancels season opener

Ailing A1 GP series cancels season opener

The A1 GP series, the self-styled 'World Cup of Motorsport', cancelled next week's Australian season-opener on Saturday due to problems stemming from its British operating arm going into liquidation. Series chairman Tony Teixeira denied however that his c
Published 18 Oct, 2009 12:00am
Kvitova upsets Radwanska to reach Linz final

Kvitova upsets Radwanska to reach Linz final

Unseeded Czech Petra Kvitova upset Agnieszka Radwanska in the semi-finals of the WTA event here, winning 6-3, 6-2 to set up a final against either Flavia Pennetta or Yanina Wickmayer. Radwanska, the second seed from Poland who was playing her 65th match o
Published 18 Oct, 2009 12:00am
Brave Ghana stun Brazil in Under-20 World Cup final

Brave Ghana stun Brazil in Under-20 World Cup final

Ghana overcame Brazil 4-3 on penalties in the final of the Under-20 World Cup at the Cairo International Stadium here on Friday to become the first African side to win the tournament. Emmanuel Agyemang-Badu struck the winning spotkick in sudden death afte
Published 18 Oct, 2009 12:00am
Nazar Muhammad Memorial Cricket Tournament starts

Nazar Muhammad Memorial Cricket Tournament starts

The third edition of Nazar Muhammad Memorial Cricket Tournament will get underway on Sunday (18th October) when Lahore Gymkhana will collide with Sayid Paper Mills (SPM) at Bagh-i-Jinnah Ground, near China Chowk, Lahore. An attractive right-hand batsman a
Published 18 Oct, 2009 12:00am
Villa punish poor Chelsea defending with 2-1 win

Villa punish poor Chelsea defending with 2-1 win

Chelsea's defensive frailties were exposed again on Saturday when they gifted Aston Villa two goals from corners in a 2-1 away defeat, their second loss in three league games after they had won their first six. Chelsea led early on through Didier Drogba b
Published 18 Oct, 2009 12:00am
PCB conducting six level-I coaching courses

PCB conducting six level-I coaching courses

Following successful endorsement by the International Cricket Council (ICC), PCB Coaching Education Department will be conducting six Level-I Coaching Courses (5 Men and 1 Women) and one Level II Coaching Course commencing from 13th November 2009 to June
Published 18 Oct, 2009 12:00am
Massa finds it hard to be a spectator

Massa finds it hard to be a spectator

Ferrari's Felipe Massa returned to the Formula One paddock on Friday for the first time since he suffered life-threatening head injuries in July and said he was raring to race again. "I'm very good. It would have been better to be driving the car, but any
Published 18 Oct, 2009 12:00am
Nadal faces Davydenko in Shanghai final

Nadal faces Davydenko in Shanghai final

Top seed Rafael Nadal profited from the ninth retirement of this week's Shanghai Masters as he advanced into the final 6-1, 3-0 after fellow Spaniard Feliciano Lopez retired with a right ankle injury. Nadal, an injury victim himself twice this season and
Published 18 Oct, 2009 12:00am
North Korean hackers steal South Korea toxic secrets

North Korean hackers steal South Korea toxic secrets

A North Korea cyber warfare unit hacked into a South Korean military command earlier this year and stole some 2,000 national secrets, including information on toxic chemical makers, a news report said Saturday. The North Korean unit hacked the army comman
Published 18 Oct, 2009 12:00am
Iranian court convicts five men to lashings

Iranian court convicts five men to lashings

An Iranian court has sentenced five men to be lashed hundred times after they were found guilty of kidnapping and raping two women in 2005, ISNA news agency reported on Saturday. The sentence has already been carried out against one of them who was public
Published 18 Oct, 2009 12:00am
Madoff beach house sale completed for $9.41 million

Madoff beach house sale completed for $9.41 million

Epic swindler Bernard Madoff's former beach home off the eastern-most point of New York's Long Island sold for $9.41 million, money that will go toward a fund for defrauded investors, the US Marshals Service said on Friday. The sale of the house was annou
Published 18 Oct, 2009 12:00am
Former-Army master sergeant pleads guilty to bribery

Former-Army master sergeant pleads guilty to bribery

A retired army master sergeant on Friday pleaded guilty to bribery and money laundering charges stemming from his tour of duty in Iraq. Ronald Joseph Radcliffe, 43, first entered a not guilty plea in May. But on Friday, he changed his plea to guilty as pa
Published 18 Oct, 2009 12:00am
Masked gunmen kill two Sudanese policemen at UN compound

Masked gunmen kill two Sudanese policemen at UN compound

Masked gunmen killed two Sudanese policemen guarding a guesthouse run by the United Nations World Food Programme (WFP) in Sudan's strife-torn Darfur region, the aid group said on Saturday. The two officers died on Thursday and a third was killed on Friday
Published 18 Oct, 2009 12:00am
Thousands of Thai anti-government protesters rally

Thousands of Thai anti-government protesters rally

Thousands of Thai supporters of an ousted prime minister rallied again Saturday to demand a royal pardon for their fugitive leader, amid concerns about the king's health. King Bhumibol Adulyadej, the world's longest-reigning monarch at age 81, has been ho
Published 18 Oct, 2009 12:00am
Tribesmen kill 16 Kenyan soldiers

Tribesmen kill 16 Kenyan soldiers

Armed tribesman shot dead 16 Kenyan soldiers on the border between Kenya and Sudan, the spokesman for south Sudan's army said on Saturday, a claim Kenya denied. Members of the Toposa tribe opened fire on the Kenyan army barracks in the settlement of Nadap
Published 18 Oct, 2009 12:00am
Eight killed in China mine blast: state media

Eight killed in China mine blast: state media

Eight workers were killed in an explosion at a coal mine in central China's Hunan province, state media reported Saturday. The incident occurred on Friday when the workers were underground at the Jiahe mine in the city of Chenzhou, the official Xinhua new
Published 18 Oct, 2009 12:00am
UK denies spying on Muslim communities

UK denies spying on Muslim communities

Britain's government denies a programme aimed at tackling religious extremism is being used as cover to spy on Muslim communities. The Home Office said Saturday that the 140 million pounds per year (US $230 million) Prevent strategy was not intended to co
Published 18 Oct, 2009 12:00am
'US eyes flexibility in allocating food aid'

'US eyes flexibility in allocating food aid'

The Obama administration wants more flexibility in how it allocates food aid dollars to complement its new strategy to help small farmers in poor countries boost their food production, Agriculture Secretary Tom Vilsack said on Friday. Vilsack and Secretar
Published 18 Oct, 2009 12:00am
Indonesia's key reformers set to stay in next cabinet

Indonesia's key reformers set to stay in next cabinet

Indonesia's finance and trade ministers, technocrats with international profiles, said on Saturday they would be in President Susilo Bambang Yudhoyono's next cabinet, confirming a commitment to reform and growth. Finance Minister Sri Mulyani Indrawati, ex
Published 18 Oct, 2009 12:00am
Excessive expense row: tax officials investigate 27 UK MPs

Excessive expense row: tax officials investigate 27 UK MPs

Tax officials are investigating the financial affairs of 27 members of parliament amid a continuing row over excessive expense claims, HM Revenue and Customs confirmed on Friday. The Daily Telegraph said in its Saturday edition that the inquiries had been
Published 18 Oct, 2009 12:00am
India reaffirms Dalai Lama can visit disputed state

India reaffirms Dalai Lama can visit disputed state

India has reaffirmed Tibetan spiritual leader the Dalai Lama's right to visit its disputed border region with China in the face of objections from Beijing, a report said Saturday. The India-based Dalai Lama is slated to visit next month the north-eastern
Published 18 Oct, 2009 12:00am
Somali pirates hijack Singaporean ship

Somali pirates hijack Singaporean ship

European Union naval officials say Somali pirates have hijacked a Singapore-flagged container ship. A statement on the Web site of the EU anti-piracy force says the Kota Wajar was seized early Thursday in the Indian Ocean about 300 miles (480 kilometres)
Published 18 Oct, 2009 12:00am
Taiwan's military probes missile test failure

Taiwan's military probes missile test failure

Taiwan's military is probing the failure of its largest-ever missile exercise, carried out less than a fortnight after China showed off its advanced ballistic weaponry, a report said Saturday. The missiles malfunctioned during a test on Tuesday at the Chi
Published 18 Oct, 2009 12:00am
Flood-borne disease leaves 89 dead in Philippines

Flood-borne disease leaves 89 dead in Philippines

Massive floods brought by powerful storms have caused an outbreak of the deadly disease leptospirosis that has claimed 89 lives in the Philippine capital alone, the health secretary said Saturday. The incidence of the disease in the Philippine capital and
Published 18 Oct, 2009 12:00am
US okays Glaxo's cervical cancer shot

US okays Glaxo's cervical cancer shot

GlaxoSmithKline Plc won US approval on Friday to sell a cervical cancer vaccine for girls and young women, while a rival Merck & Co shot was cleared for preventing genital warts in males. Glaxo said the US Food and Drug Administration cleared the Cervarix
Published 18 Oct, 2009 12:00am
US permits visit by North Korean official

US permits visit by North Korean official

The United States said on Friday it would allow a senior North Korean official to visit this month, a move analysts said could be a first step toward talks between the two on ending Pyongyang's nuclear programs. The State Department said it had decided to
Published 18 Oct, 2009 12:00am
Government offers reward for turning in Taliban

Government offers reward for turning in Taliban

Afghanistan's government Saturday offered the equivalent of 40,000 dollars in return for information on Taliban militants who have infiltrated the capital Kabul, the interior ministry said. Scores of people in the capital have been killed in five suicide
Published 18 Oct, 2009 12:00am
Afghanistan braces for possible election run-off

Afghanistan braces for possible election run-off

Several international political figures have phoned President Hamid Karzai, his office said on Saturday, in what appeared to be an intense diplomatic offensive to end a row over Afghanistan's disputed presidential election. The phone calls, including from
Published 18 Oct, 2009 12:00am
New flu can kill fast, researchers agree

New flu can kill fast, researchers agree

The new H1N1 flu is "strikingly different" from seasonal influenza, killing much younger people than ordinary flu and often killing them very fast, World Health Organisation officials said on Friday. A review of studies done during the seven months the vi
Published 18 Oct, 2009 12:00am
March in Spain against immigration bill

March in Spain against immigration bill

Hundreds of drum-banging protesters marched through Madrid Saturday to denounce legislation that would toughen Spain's immigration policy. The protesters yelled through bullhorns and shouted slogans like "No human being is illegal!" in the rally against a
Published 18 Oct, 2009 12:00am
Midair collision of two small planes kills four in France

Midair collision of two small planes kills four in France

A regional official in western France says four people died when their small tourist aircraft collided in midair. Eleonore Lacroix of the Charente-Maritime regional government said the dead included a 20-year-old woman who was piloting a Cessna with the h
Published 18 Oct, 2009 12:00am
Fire at India firecracker warehouse kills 32

Fire at India firecracker warehouse kills 32

At least 32 people were killed in an accidental blaze at a firecracker warehouse in southern India, officials said on Saturday. The victims had gathered late on Friday at Pallipattu village, in Tamil Nadu state, to buy firecrackers to celebrate the Hindu
Published 18 Oct, 2009 12:00am
Czech President will ultimately sign Lisbon Treaty

Czech President will ultimately sign Lisbon Treaty

Eurosceptic Czech President Vaclav Klaus, the last European Union leader holding out on signing the EU's reforming Lisbon Treaty, suggested on Saturday that he would ultimately sign the text. "The train carrying the treaty is going so fast and it's so far
Published 18 Oct, 2009 12:00am
Obama, urging service, says government can't do it all

Obama, urging service, says government can't do it all

President Barack Obama joined former President George H.W. Bush on Friday in issuing a renewed call to public service, saying government alone cannot solve all America's problems. Obama, a Democrat, spoke during a visit organised by Bush's presidential li
Published 18 Oct, 2009 12:00am
US Army cancels plans to send brigade to Iraq

US Army cancels plans to send brigade to Iraq

The US military on Friday cancelled plans to send a 3,500-strong Army brigade to Iraq because of improving security conditions there, possibly freeing up troops for the war in Afghanistan. The 1st Infantry Brigade Combat Team from the 10th Mountain Divisi
Published 18 Oct, 2009 12:00am
UN chief launches global anti-poverty campaign

UN chief launches global anti-poverty campaign

Secretary-General Ban Ki-moon launched a global campaign Friday to get millions of people around the world to Stand Up Against Poverty this weekend. Now in its fourth year, the Stand Up against Poverty Campaign established a world record last year with 11
Published 18 Oct, 2009 12:00am
Iran shipping firm denies: UK nuclear allegations

Iran shipping firm denies: UK nuclear allegations

An Iranian shipping company has dismissed a British allegation that its activities are linked to Tehran's sensitive atomic programme, the reformist Sarmayeh newspaper said on Saturday. Islamic Republic of Iran Shipping Lines claims it has not violated any
Published 18 Oct, 2009 12:00am
Nine die in swathe of Iraq violence

Nine die in swathe of Iraq violence

Nine people were killed, including six soldiers and two policemen, in a swathe of bombings and shootings across Iraq on Saturday, ministry and security officials said. In the deadliest attack, four soldiers died and 10 others were wounded when their patro
Published 18 Oct, 2009 12:00am
PDA postpones polling

PDA postpones polling

Pakistan Dental Association (PDA) has postponed the polling, scheduled for November 15. The new office bearers would be elected through postal balloting, it was announced in a meeting chaired by Chief Election Commissioner Justice Akhtar Hassan (Retd), he
Published 18 Oct, 2009 12:00am
Plan in place to secure businesses, trade against terrorism

Plan in place to secure businesses, trade against terrorism

The government has implemented a new security plan aimed at safeguarding businesses and trade amid the fresh wave of terrorism, hitting the country adversely. This was stated in a press release, issued by Sialkot Chamber of Commerce and Industry (SCCI), h
Published 18 Oct, 2009 12:00am
Wartsila wins maintenance contracts for two Nishat Group power plants

Wartsila wins maintenance contracts for two Nishat Group power plants

Wartsila, a leading supplier of flexible power plants and services to the decentralised power generation market, has been awarded operation and maintenance (O&M) agreements by the Nishat Group of companies for two of its power plants in Pakistan.
Published 18 Oct, 2009 12:00am
Investment policy: 'government to take all stakeholders into confidence'

Investment policy: 'government to take all stakeholders into confidence'

The business community would be taken into confidence on the upcoming investment policy that would not be presented before the cabinet for approval unless it is endorsed by all the stakeholders, including the chambers of commerce and industries and trade
Published 18 Oct, 2009 12:00am
Removal of sand from canals banned

Removal of sand from canals banned

Removing sand from all the canals of Punjab has been banned and now no contract would be awarded in future in this regard. Furthermore, in future Irrigation Department would be responsible for controlling the canals through Mines and Mineral Development (
Published 18 Oct, 2009 12:00am
Sugar at Rs 40 per kg: Shahbaz satisfied with government steps

Sugar at Rs 40 per kg: Shahbaz satisfied with government steps

Punjab Chief Minister Muhammad Shahbaz Sharif has that the steps, taken for provision of sugar on fixed rates to the people throughout the province, have yielded positive results and sugar is easily available to the masses at the rate of Rs 40 per kilogra
Published 18 Oct, 2009 12:00am
Qureshi criticised for praising KLB

Qureshi criticised for praising KLB

Senior Vice President PML-N, Makhdoom Javed Hashmi has said that government has not taken a historical step by accepting the Kerry-Lugar Bill without presenting it in the parliament. Rather it is a historical disloyalty with the nation. All the political
Published 18 Oct, 2009 12:00am
SMS on Eid

SMS on Eid

Just 3 days before Eid I activated the SMS bundle for my network to take advantage of sending Eid greetings to all my friends and family. But I was really disappointed that on Chand Raat, I got continuous SMS delivery failure and the SMS that were deliver
Published 18 Oct, 2009 12:00am
Clarification

Clarification

Please refer to the retraction issued by NICL (National Insurance Corporation Limited) which has been published by this newspaper on 11th October 2009. Very briefly, let us look at the facts:
Published 18 Oct, 2009 12:00am
Russian historians fear crackdown on research

Russian historians fear crackdown on research

When the police stopped Mikhail Suprun's car last month, he did not expect to be questioned over his research into mass deportations that took place in Russia more than six decades ago. But Suprun, a history professor in the northern Russian city of Arkha
Published 18 Oct, 2009 12:00am
US double standards

US double standards

Pakistan currently faces a series of constant and excruciating problems, like, socio-economic, energy, security, political, uncertainty in Balochistan and NWFP, suicide bombing, US Drones attacks and the most awful circumstances of law and order situation
Published 18 Oct, 2009 12:00am
The NWFP forest sector

The NWFP forest sector

The North West Frontier Province has been bestowed with abundant forest wealth but these are under threat of extinction. Experts say the forest resources are endangered by lack of strong monitoring mechanism, deforestation, corruption, smuggling, haphazar
Published 18 Oct, 2009 12:00am
Additional plots for bureaucrats?

Additional plots for bureaucrats?

The government's reported decision to give one additional plot of land to each Grade-22 bureaucrat has understandably been criticised in the National Assembly, by both the treasury and the opposition members on a point of order raised by PPP lawmaker Afza
Published 18 Oct, 2009 12:00am
Out to target CCP?

Out to target CCP?

The Chairman of the Competition Commission of Pakistan (CCP), Khalid Mirza, has said at a seminar on "Corruption in the Private Sector," in Islamabad, arranged by Transparency International, that certain "vested interests" and "mafias" are trying to destr
Published 18 Oct, 2009 12:00am
Unserviceable medical equipment auctioned

Unserviceable medical equipment auctioned

An open auction of unserviceable medical equipment was held here at Sir Ganga Ram Hospital on Saturday. About 11 bidders participated in the auction wherein the highest bid was of Rs 200, 000 by the Saeed & Company, a senior member of the auction committe
Published 18 Oct, 2009 12:00am
11 Afghanis, five Tajiks arrested

11 Afghanis, five Tajiks arrested

Kashmore police has arrested 11 Afghan and five Tajik nationals during a routine check from a Karachi-bound passenger coach at Dera More. According to details, police stopped a coach coming from Peshawar enroute to Karachi at the Dera More check post and
Published 18 Oct, 2009 12:00am
PIA finalises arrangements for safe travel of Haj pilgrims

PIA finalises arrangements for safe travel of Haj pilgrims

Pakistan International Airlines (PIA) has finalised arrangement for comfortable and safe travel of over 126,000 Haj pilgrims starting from October 21, which will continue till November 21. The return journey of Hujjaj by PIA will begin on December 2 this
Published 18 Oct, 2009 12:00am
Lower-grade government employees posted as RTA secretaries

Lower-grade government employees posted as RTA secretaries

Whereas the Sindh government is claiming merit-based appointment of officials, the lower-grade employees have been appointed as Secretaries of Regional Transport Authority (RTA) in several districts of the province, Business Recorder learnt on Satu
Published 18 Oct, 2009 12:00am
Portion of Shahra-e-Faisal to remain closed today

Portion of Shahra-e-Faisal to remain closed today

The Deputy Inspector General of Police (DIGP) Traffic, Capital City Police Karachi Khurram Gulzar has announced that a portion of Shahra-e-Faisal would be closed on Sunday (Today) to commemorate October 18 carnage. The road leading from Tipu Sultan signal
Published 18 Oct, 2009 12:00am
Kerry due today

Kerry due today

Senator John Kerry one of the architects of Kerry-Lugar Bill will arrive in Pakistan on a two-day visit on Sunday (today) for holding meetings with the concerned authorities on projects to be funded under the bill.
Published 18 Oct, 2009 12:00am
Kerry due today

Kerry due today

Senator John Kerry one of the architects of Kerry-Lugar Bill will arrive in Pakistan on a two-day visit on Sunday (today) for holding meetings with the concerned authorities on projects to be funded under the bill.
Published 18 Oct, 2009 12:00am
KESC clarification

KESC clarification

The Karachi Electric Supply Company, in a press release issued here on Wednesday, stated that the DHA Cogen (DCL) had started reliability test on Tuesday, as per the procedure agreed by both parties under the directions of the Cabinet Committee on the Ene
Published 18 Oct, 2009 12:00am
SBP Sports Complex inaugurated

SBP Sports Complex inaugurated

Syed Salim Raza, Governor State Bank of Pakistan, has said the SBP is determined to contribute positively in the development of sports activities, including cricket, hockey and other games in the country.
Published 18 Oct, 2009 12:00am
KCCI may approach ministry to simplify visa procedure

KCCI may approach ministry to simplify visa procedure

The Karachi Chamber of Commerce and Industry (KCCI) is likely to approach the Ministry of Foreign Affairs with the request to simplify visa procedure for foreigners. Mohammad Ali Lodhi, a senior member of the chamber, in a letter has suggested that the KC
Published 18 Oct, 2009 12:00am
Prgmea criticises pilferage of cargo at Karachi Airport

Prgmea criticises pilferage of cargo at Karachi Airport

Shaikh Shafiq Rafiq, Zonal Chairman, Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) has lamented on the recurring cases of cargo pilferage at the Karachi airport. In a press statement here on Saturday he said, "We are constan
Published 18 Oct, 2009 12:00am
Ban on heavy vehicles extended to 60 days

Ban on heavy vehicles extended to 60 days

The Home Department, Government of Sindh has extended the period of ban on plying of heavy vehicles carrying water and construction materials/dumpers, to sixty days, under Section 144 CrPC with effect from September 30, 2009. The plan was imposed for plyi
Published 18 Oct, 2009 12:00am
Rumours of violence hit business activities

Rumours of violence hit business activities

The rumours about the killing of at least four people on Jahangir Road, Jamshed Town, which lately proved false, wrecked the nerves of Karachiites and resultantly business activities of many areas of the city were closed in a bid to save properties from b
Published 18 Oct, 2009 12:00am
Taxi drivers fleecing commuters in twin cities

Taxi drivers fleecing commuters in twin cities

Drivers of taxis continue fleecing commuters on the pretext of one or another reason in twin cities of Islamabad and Rawalpindi. Even if a person wish to travel for only a kilometre or so, a taxi drivers would ask him something between Rs 50 and Rs 60.
Published 18 Oct, 2009 12:00am
Pakistani team arrives in Beijing for International moot

Pakistani team arrives in Beijing for International moot

A strong Pakistani delegation has arrived here to participate in Youth Day and 5th Asia and Pacific Conference on Reproductive and Sexual Health and Rights (APCRSHR). The conference on Youth Day held on Saturday in which over a dozen youths from Pakistan
Published 18 Oct, 2009 12:00am
CDA plans recreational projects on self-sustainable basis

CDA plans recreational projects on self-sustainable basis

The Capital Development Authority (CDA) has decided to execute future recreational projects on self-sustainable basis to ensure better quality of services and enjoyment facilities to the residents of the federal capital. "The execution of recreational pro
Published 18 Oct, 2009 12:00am
Lok Virsa competence programme for art, culture starts

Lok Virsa competence programme for art, culture starts

The National Institute of Folk and Traditional Heritage, Lok Virsa in collaboration with Norway has started the programme of competence building of heritage museum and music exchange programme with emphasis on school concerts. Under the programme, three m
Published 18 Oct, 2009 12:00am
120th Long Course convocation held at PMA

120th Long Course convocation held at PMA

The convocation ceremony of the 120th PMA Long Course was held at Pakistan Military Academy (PMA) on Saturday. Chief guest at the ceremony, Corps Commander, Gujranwala, Lieutenant General Nadeem Taj, congratulated the cadets on achieving the memorable day
Published 18 Oct, 2009 12:00am
Fahim for enhancing trade with Cuba

Fahim for enhancing trade with Cuba

Federal Minister for Commerce, Makhdoom Amin Fahim, said here on Saturday that trade volume between Pakistan and Cuba was not satisfactory which needs to be boosted to benefit both the countries. Talking to Cuban Ambassador, Gustavo Machin Gomez, who call
Published 18 Oct, 2009 12:00am
Bureaucracy hit hard by Senate body

Bureaucracy hit hard by Senate body

The Senate Standing Committee on Health on Saturday expressed serious reservations over attitude of senior bureaucracy towards the Committees of the Parliament. The committee meeting chaired by Senator Kulsoom Parveen took exception to the absence of Mini
Published 18 Oct, 2009 12:00am
20 cops' killings: police team reaches Nasirabad for probe

20 cops' killings: police team reaches Nasirabad for probe

On the directives of Interior Ministry, a team comprising senior police officials had reached district Nasirabad to conduct further investigation into killings of 20 policemen at the hands of militants. Well-informed sources in Home Department told APP he
Published 18 Oct, 2009 12:00am
Police directed to maintain security companies' record

Police directed to maintain security companies' record

The Capital Police have been directed to check and maintain the record of private security companies. This direction was issued after a private security agency has been found having illegal cache of weapons, fake arm licenses as well as some other objecti
Published 18 Oct, 2009 12:00am
6,200 students visit International exposition on environment

6,200 students visit International exposition on environment

As many as 6,200 students from 75 public and private sectors educational institutions of the twin cities of Rawalpindi and Islamabad visited the International Expo on Environment held here at a local girls college from October 2-16.
Published 18 Oct, 2009 12:00am
Spurious medicines confiscated from private hospital, stores

Spurious medicines confiscated from private hospital, stores

Drug Control Committee has seized spurious, expired, unregistered and official medicines from a private hospital located along Kawari Road and several medical stores of Jinnah Road Medical Complex Quetta in raids on Friday.
Published 18 Oct, 2009 12:00am
WMA launches online course for doctors to treat tuberculosis patients

WMA launches online course for doctors to treat tuberculosis patients

Concern that many doctors are no longer being taught to diagnose and treat tuberculosis (TB) has led the World Medical Association (WMA) to launch a new online refresher course for physicians. The refresher course will provide basic clinical care informat
Published 18 Oct, 2009 12:00am
Passco finalises modalities for paddy procurement

Passco finalises modalities for paddy procurement

Pakistan Agricultural Storage and Services Corporation (Passco) has finalised the modalities for procurement of paddy from Punjab, Sindh and Balochistan provinces. Managing Director, Passco, Major General Anwar Saeed Khan while talking to APP here, on Sat
Published 18 Oct, 2009 12:00am
APHC urges India to hold plebiscite

APHC urges India to hold plebiscite

Leader of the All Parties Hurriyet Conference (APHC), Nayeem Ahmad Khan has urged India to resolve the Kashmir dispute as per the aspirations of Kashmiri people in occupied Kashmir. According to Kashmir Media Service, Nayeem Khan, while addressing a publi
Published 18 Oct, 2009 12:00am
Fatiana terms Kerry-Lugar Bill balanced

Fatiana terms Kerry-Lugar Bill balanced

Pakistan Muslim League-Q Leader Riaz Fatiana had termed Kerry-Lugar Bill as the balanced one and said it would go a long way to uplift the economy of the country. Talking to a private news channel, he said if development projects were launched through thi
Published 18 Oct, 2009 12:00am
Sufficient sugar stock available in Faisalabad: DCO

Sufficient sugar stock available in Faisalabad: DCO

Following the directives of the provincial government, sufficient quantity of sugar was being supplied to the open market as 52,815 fifty-kilogram bags of sugar had been supplied in the district during the last 10 days. This was stated by DCO Saeed Wahlah
Published 18 Oct, 2009 12:00am
Sugar price fixed at Rs 40 per kg in Hyderabad

Sugar price fixed at Rs 40 per kg in Hyderabad

The District Co-ordination Officer (DCO) Hyderabad Aftab Ahmed Khatri has announced that in pursuance of the Notification No SRO (I)/2009, dated 3rd October, 2009 issued by the Joint Secretary, Ministry of Industries and Production, Government of Pakistan
Published 18 Oct, 2009 12:00am
Significance of e-learning highlighted

Significance of e-learning highlighted

Professor Dr Iqrar Ahmad Khan, Vice Chancellor University of Agriculture Faislabad (UAF) has said that in this era of globalisation the e-learning has become the most important tool of education. He was addressing the participants of 3-day conference on e
Published 18 Oct, 2009 12:00am
International Day for eradication of poverty observed

International Day for eradication of poverty observed

Like other parts of the globe, International Day for the Eradication of Poverty was observed in Pakistan on Saturday to promote awareness of the need to eradicate poverty and destitution in the World. NGOs organised meetings and seminars to highlight role
Published 18 Oct, 2009 12:00am
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