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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-11-04
Bollinger, Watson guide Australia to win

Bollinger, Watson guide Australia to win

Doug Bollinger and Shane Watson shared six wickets as Australia beat India by 24 runs in the fourth one-day international here on Monday to square the seven-match series 2-2. Left-arm paceman Bollinger took 3-38 while Watson picked 3-29 to bowl out India
Published 04 Nov, 2009 12:00am
Own goal sends Magpies back to top of Championship

Own goal sends Magpies back to top of Championship

Newcastle returned to the top of the Championship on Monday as an own-goal by Sheffield United's Chris Morgan gave them a 1-0 win. The goal lifted the fallen English giants - albeit more stable now that owner Mike Ashley has decided to keep hold of the cl
Published 04 Nov, 2009 12:00am
Bangladesh humiliate Zimbabwe to seal series win

Bangladesh humiliate Zimbabwe to seal series win

Bangladesh dismissed Zimbabwe for just 44 runs before easing to a six-wicket victory and an unassailable 3-1 lead in their five-match one-day international series on Tuesday. Pacer Nazmul Hossain and left-arm spinner Abdur Razzak shared two wickets apiece
Published 04 Nov, 2009 12:00am
Afridi, Akmal maul New Zealand in first one-dayer

Afridi, Akmal maul New Zealand in first one-dayer

Shahid Afridi, Kamran Akmal and Khalid Latif hit half-centuries to help Pakistan reach 287-9 in the first day-night international against New Zealand at Abu Dhabi Stadium here on Tuesday. Dashing all-rounder Afridi hit a quickfire 50-ball 70 and opener La
Published 04 Nov, 2009 12:00am
Anger after India's armed forces refuse to play in occupied Kashmir

Anger after India's armed forces refuse to play in occupied Kashmir

Cricket chiefs in Indian occupied Kashmir were left fuming on Tuesday after India's armed forces refused to field a team in a first-class match in the separatist-riven region. The occupied Jammu and Kashmir team received a walk-over when their opponents S
Published 04 Nov, 2009 12:00am
Storm kills 40 in Vietnam

Storm kills 40 in Vietnam

Tropical storm Mirinae, which hit the Philippines as a deadly typhoon at the weekend, killed at least 40 people and left 11 missing in Vietnam, a national disaster official said Tuesday. "Most of the victims were because of serious floods that hit the pro
Published 04 Nov, 2009 12:00am
Jordan grants citizenship to Tareq Aziz's family

Jordan grants citizenship to Tareq Aziz's family

Jordan has granted citizenship to the wife and sons of Iraq's jailed former deputy premier Tareq Aziz who have lived in the kingdom since the 2003 US-led invasion, an official said on Tuesday. "The council of ministers granted Jordanian citizenship on Mon
Published 04 Nov, 2009 12:00am
Hamas rocket brings Tel Aviv within range: Israel

Hamas rocket brings Tel Aviv within range: Israel

The Palestinian Islamist movement Hamas has test-fired a rocket which can reach Tel Aviv from the Gaza Strip, a senior Israeli general warned on Tuesday. The rocket, believed to be Iranian-made, has a range of about 60 kilometres (37 miles), putting Israe
Published 04 Nov, 2009 12:00am
US envoys hold rare talks with Myanmar junta

US envoys hold rare talks with Myanmar junta

Two top US envoys began talks with Myanmar's ruling generals Tuesday and were set to meet democracy leader Aung San Suu Kyi as they made the highest level visit to the military-ruled nation in 14 years. The trip by Assistant Secretary of State for East As
Published 04 Nov, 2009 12:00am
Czech court clears Lisbon treaty

Czech court clears Lisbon treaty

The Czech Republic's top court on Tuesday ruled that the European Union's reform treaty is legal, piling pressure on President Vaclav Klaus to become the final EU leader to sign the landmark document into law. "It is now of course a matter for President K
Published 04 Nov, 2009 12:00am
Hillary offers US aid to help boost Muslim ties

Hillary offers US aid to help boost Muslim ties

US Secretary of State Hillary Clinton offered aid on Tuesday to boost ties with the Muslim world and urged Israel, the Palestinians and Arab countries to move beyond recrimination in the search for peace. "We are determined and persistent in the pursuit o
Published 04 Nov, 2009 12:00am
Karzai vows to wipe out corruption, forge unity

Karzai vows to wipe out corruption, forge unity

Afghan President Hamid Karzai vowed Tuesday that his new government would eradicate corruption and unite the country after months of political chaos as he offered an olive branch to Taliban insurgents. Under pressure from US President Barack Obama to wipe
Published 04 Nov, 2009 12:00am
Dubai to appoint female muftis in 2010: report

Dubai to appoint female muftis in 2010: report

The Gulf emirate of Dubai plans to appoint female muftis by the end of next year in an unprecedented step that could trigger opposition from conservatives, The National newspaper reported on Tuesday. Six Emirati women are being selected for a training pro
Published 04 Nov, 2009 12:00am
China launches crackdown in Muslim region

China launches crackdown in Muslim region

Police in China's far west have stepped up a hunt for people who took part in deadly ethnic riots there four months ago and other so-called terrorists, the regional public security ministry said Tuesday. The "Strike Hard" campaign is to run from November
Published 04 Nov, 2009 12:00am
Bosnia launches atlas of war crimes on Internet

Bosnia launches atlas of war crimes on Internet

Bosnia's war crimes researchers presented on Tuesday an 'atlas of war crimes' from the country's 1992-95 war, saying it should help people learn about facts and better understand the past. The atlas, available on www.idc.org.ba, contains maps that use Goo
Published 04 Nov, 2009 12:00am
Karadzic makes appearance at war crimes tribunal

Karadzic makes appearance at war crimes tribunal

Former Bosnian Serb leader Radovan Karadzic appeared on Tuesday for an administrative hearing in his war crimes trial, temporarily giving up his boycott to ask for more time to prepare his case. Karadzic, who is acting as his own attorney, refused to atte
Published 04 Nov, 2009 12:00am
Detailed climate deal unlikely: Ban

Detailed climate deal unlikely: Ban

Governments are unlikely to agree on all the details of a new global climate change deal when they meet in Copenhagen next month, UN Secretary-General Ban Ki-moon said on Tuesday. While optimistic that the 192 countries will be able to reach some sort of
Published 04 Nov, 2009 12:00am
African nations boycott UN climate talks

African nations boycott UN climate talks

African nations boycotted UN climate talks on Tuesday in a protest to urge rich countries to set deeper 2020 cuts in greenhouse gas emissions. Meetings about extending the UN's carbon-cutting Kyoto Protocol, one of two tracks for a new global climate deal
Published 04 Nov, 2009 12:00am
Kazakhstan urges citizens to use planes over cars

Kazakhstan urges citizens to use planes over cars

The government of Kazakhstan, an ex-Soviet country the size of Western Europe with an average weekly wage of $114, has urged its citizens to make more use of small planes to replace the "anachronism" of long car journeys. Deputy Prime Minister Umirzak Shu
Published 04 Nov, 2009 12:00am
US to sell London embassy to Qatari Diar

US to sell London embassy to Qatari Diar

The United States has agreed to sell its landmark embassy in London's Grosvenor Square to Gulf investor Qatari Diar, as part of a plan to relocate to a higher-security facility south-west of the UK capital's centre. The purchase price for the property - k
Published 04 Nov, 2009 12:00am
Fiji orders expulsion of Australia, New Zealand envoys

Fiji orders expulsion of Australia, New Zealand envoys

Fiji coup leader and self-appointed Prime Minister Frank Bainimarama on Tuesday ordered Australia and New Zealand recall their envoys within 24 hours, accusing them of interference. Bainimarama said he had ordered the expulsions because Australia and New
Published 04 Nov, 2009 12:00am
Philippines shares flat

Philippines shares flat

Philippines share prices closed flat on Tuesday as last-minute selling offset earlier gains, dealers said. The composite index edged down 0.26 points to close at 2,908.24 while the all-shares index was also down marginally at 1,826.80 points. There were o
Published 04 Nov, 2009 12:00am
Tuesday's midday trade: Wall Street stumbles

Tuesday's midday trade: Wall Street stumbles

US stocks stumbled on Tuesday after Morgan Stanley downgraded the semiconductor sector and a shake-up at two big British banks prompted investors to sell financial shares. Losses were limited as Warren Buffett's Berkshire Hathaway agreed to buy Burlington
Published 04 Nov, 2009 12:00am
Indian shares fall 3.09 percent

Indian shares fall 3.09 percent

Indian shares slipped 3.09 percent on Tuesday for a sixth trading day of losses as investors exited after quarterly earnings from index-heavyweights disappointed, dealers said. The benchmark 30-share Sensex index fell 491.34 points to 15,404.94, a two-mon
Published 04 Nov, 2009 12:00am
Thai stocks dip

Thai stocks dip

Thai stocks fell 1.29 percent Tuesday on profit taking in energy shares, an analyst said. The Stock Exchange of Thailand (SET) composite index lost 8.74 points to close at 668.48 and the blue chip SET-50 index was down 7.88 points to 469.50. Decliners out
Published 04 Nov, 2009 12:00am
European CDS widen

European CDS widen

European corporate credit default swap spreads widened on Tuesday as the negative backdrop of weaker bank stocks weighed on sentiment. The restructuring of Lloyds Banking Group and Royal Bank of Scotland set the tone for the market. But one dealer said th
Published 04 Nov, 2009 12:00am
European CDS widen

European CDS widen

European corporate credit default swap spreads widened on Tuesday as the negative backdrop of weaker bank stocks weighed on sentiment. The restructuring of Lloyds Banking Group and Royal Bank of Scotland set the tone for the market. But one dealer said th
Published 04 Nov, 2009 12:00am
Weak banks push European shares to one-month low

Weak banks push European shares to one-month low

European shares hit a one-month closing low on Tuesday as disappointing results from Swiss lender UBS and a move by Britain's Royal Bank of Scotland to join a government scheme hurt financials. The FTSEurofirst 300 index of top European shares ended 1.2 p
Published 04 Nov, 2009 12:00am
Malaysian shares flat

Malaysian shares flat

Malaysian shares were flat Tuesday, with finance and selected blue chips giving a slight lift, dealers said. The Kuala Lumpur Composite Index edged up 0.56 points, or 0.05 percent, to close at 1,242.32. Losers outpaced gainers 389 to 261.
Published 04 Nov, 2009 12:00am
Singapore shares down

Singapore shares down

Singapore shares closed 0.90 percent lower Tuesday as investors looked for fresh leads to spark buying interest, dealers said. The blue chip Straits Times Index fell 23.88 points to 2,621.55 on volume of 1.28 billion shares worth 1.22 billion Singapore do
Published 04 Nov, 2009 12:00am
FTSE hits one-month low

FTSE hits one-month low

Britain's top share index fell to its lowest closing level in a month on Tuesday, led down by banks after shake-ups at Royal Bank of Scotland and Lloyds and poor results from Swiss peer UBS. The FTSE 100 index closed 67.29 points or 1.3 percent weaker at
Published 04 Nov, 2009 12:00am
Dollar Libor hits record low

Dollar Libor hits record low

Interest rates banks charge each other for three-month dollars fell to a record low on Tuesday as Federal Reserve policymakers gathered for a two-day interest-rate policy meeting. The Fed is widely expected to stick to its near zero rate policy to help th
Published 04 Nov, 2009 12:00am
Sterling dips versus dollar

Sterling dips versus dollar

Sterling dipped against the dollar on Tuesday after the UK Treasury announced a major shake-up of British banks and investors braced for a possible extension of asset purchases by the Bank of England this week. The pound rose against a broadly weaker euro
Published 04 Nov, 2009 12:00am
Indian rupee lower

Indian rupee lower

The Indian rupee slipped on Tuesday as local shares fell for the sixth straight day and weaker September exports raised concerns that dollar inflows could slow down if such a trend persists. The partially convertible rupee ended at 47.40/41 per dollar, of
Published 04 Nov, 2009 12:00am
Dollar rallies in London

Dollar rallies in London

The dollar hit a one-month high against a currency basket on Tuesday as investors retreated from risk assets on jitters over banks and braced for central bank meetings in the United States, euro zone and UK. A 2 percent fall in European share prices on co
Published 04 Nov, 2009 12:00am
New York cotton futures slightly lower

New York cotton futures slightly lower

Cotton futures settled slightly lower Tuesday on investor sales as the trade mulled whether a further advance in fibre contracts in the weeks ahead was feasible or not, brokers said. The December cotton contract slipped 0.19 cent to settle at 67.45 cents
Published 04 Nov, 2009 12:00am
Copper prices dip

Copper prices dip

Copper prices fell on Tuesday as investors sold the metal ahead of a Federal Reserve meeting on monetary policy in the United States, the world's largest economy, and scrutinised rising US factory data. Benchmark copper on the London Metal Exchange closed
Published 04 Nov, 2009 12:00am
Liffe cocoa and sugar rise

Liffe cocoa and sugar rise

March cocoa in London ends 29 pounds higher at 2,177 pounds a tonne on Tuesday. Market boosted by the weakness of sterling against the dollar and is now back within striking distance of a 24-1/2 year high for the second month of 2,226 pounds set early las
Published 04 Nov, 2009 12:00am
Oil rises above $79

Oil rises above $79

Oil rose nearly 2 percent to above $79 a barrel on Tuesday after data showed US factory orders in September expanded at a quicker pace than expected, signalling potential for more fuel demand in the world's biggest energy consumer. Factory orders rose 0.9
Published 04 Nov, 2009 12:00am
Gold sweeps to record high above $1,080

Gold sweeps to record high above $1,080

Gold swept to a record high above $1,080 per ounce on Tuesday, defying dollar strength as the International Monetary Fund's 200 tonne sale of gold to India's central bank boosted sentiment toward the metal. Spot gold stood at $1,077.15 per ounce at 1645 G
Published 04 Nov, 2009 12:00am
US MIDDAY: coffee and sugar drop; cocoa up

US MIDDAY: coffee and sugar drop; cocoa up

Summaries of the ICE Futures US cocoa, coffee and sugar markets early on Tuesday. December arabica coffee contract dropped 2.50 cents to $1.3985 per lb at 11:04 am EST (1604 GMT). Session range from $1.39 to $1.4205. Arabica coffee futures corrected lower
Published 04 Nov, 2009 12:00am
US MIDDAY: corn and soya higher; wheat down

US MIDDAY: corn and soya higher; wheat down

Corn and soyabean futures on the Chicago Board of Trade turned higher early Tuesday as strong technicals triggered buying, traders said. The grains were volatile, falling early as the dollar climbed. But follow-through technical buying from Monday's stron
Published 04 Nov, 2009 12:00am
US MIDDAY: copper falls

US MIDDAY: copper falls

US copper futures fell to a near two-week low early on Tuesday, weighed down by a stronger dollar, sliding equity markets and caution ahead of the start of a two-day Federal Reserve policy meeting. Copper for December delivery slips 2.20 cents at $2.9230
Published 04 Nov, 2009 12:00am
US MIDDAY: gold hits record high

US MIDDAY: gold hits record high

US gold futures scaled an all-time high $1,081.70 an ounce on Tuesday, surpassing the previous record set October 14, boosted by technical buying and news of a gold sale by the International Monetary Fund (IMF) to India. December gold up $23.10, or 2.2 pe
Published 04 Nov, 2009 12:00am
Day light saving

Day light saving

On the night of 31st October 2009 at 00:00 hours, the clocks were reversed back to the original Pakistan standard time (PST). This was the third experiment in Pakistan, using foul means to save energy. The experiment bitterly failed, giving no relief to t
Published 04 Nov, 2009 12:00am
Responsibility lies with media

Responsibility lies with media

Media over the period has acquired great importance globally. This realisation suggests responsibility without any prejudice. Pakistan has been the main focus of the foreign and local media on issues and stories of immense sale value in the past few years
Published 04 Nov, 2009 12:00am
World Bank must apologise

World Bank must apologise

Ahsan Iqbal, Central Information Secretary, PML (N) condemned the World Bank's statement, contained in the Economic Outlook 2009, wherein it is stated that sending the package of legal reforms to the parliament or submitting them for the next fiscal year
Published 04 Nov, 2009 12:00am
Gas load management plan

Gas load management plan

The gas load management programme 2009/10, proposed by the sub-committee of the Economic Co-ordination Committee, envisaging a two-day weekly holiday on a rotational basis for all sectors is likely to be approved in the next meeting of the Cabinet. All th
Published 04 Nov, 2009 12:00am
Now that NRO is dead

Now that NRO is dead

The denouement of the NRO drama came late in the night, but only after President Zardari lost the game of numbers. Oblivious of the ethical aspect of the NRO and how its adoption by the parliament could undermine the sanctity of the democratic process, hi
Published 04 Nov, 2009 12:00am
Legal fraternity observes Black Day

Legal fraternity observes Black Day

Legal fraternity here, on Tuesday, observed November 3 as "Black Day" to flay the imposition of emergency and promulgation of infamous PCO on November 3, 2007 by former president Pervez Musharraf. In provincial capital, two protest rallies were taken out
Published 04 Nov, 2009 12:00am
28 Christian kiln workers freed

28 Christian kiln workers freed

The Lahore High Court (LHC) here on Tuesday set at liberty 28 Christian kiln workers after getting them recovered from illegal detention of a brick kiln owner. One Yousaf Masih had filed a habeas corpus petition seeking release of his relatives including
Published 04 Nov, 2009 12:00am
LCCI demands abolition of Hawala in trade policy

LCCI demands abolition of Hawala in trade policy

The Ministry of Commerce (MoC) urged to abolish the provision of "Hawala" in trade policy, being used by a good number of people for payment on account of imports of goods from different countries, including China, which has become main source of under-in
Published 04 Nov, 2009 12:00am
NRO beneficiaries' list to be published soon: Raja

NRO beneficiaries' list to be published soon: Raja

The Punjab Assembly Tuesday passed a resolution condemning the proclamation of the state of emergency on November 3, 2007 by then military ruler General Pervez Musharraf. The resolution was tabled by Law Minister Rana Sanaullah, who praised the struggle o
Published 04 Nov, 2009 12:00am
PTA chief sends SOS to government

PTA chief sends SOS to government

Gulzar Firoz, Chairman, Pakistan Tanners Association (Central) has sent an urgent SOS to the government, particularly, the Ministry of Commerce and Ministry of Finance and cautioned them against serious declining export trend in leather sector in the firs
Published 04 Nov, 2009 12:00am
Grand musical gala

Grand musical gala

GFS Builders, a renowned housing and construction company of Karachi, recently organised a Grand Musical Gala to celebrate the launching of new project 7 Wonders City in which Umar Sharif and other renowned artistes gave their outstanding performances. Th
Published 04 Nov, 2009 12:00am
PIA flights for Gilgit and Skardu

PIA flights for Gilgit and Skardu

PIA is operating twice weekly flights between Gilgit-Skardu every Monday and Thursday. The flight between Gilgit and Skardu meets the long-standing demand of the residents of Gilgit and Skardu. More destinations would be added while increasing the frequen
Published 04 Nov, 2009 12:00am
Barclays Pakistan and JSIL sign distribution agreement

Barclays Pakistan and JSIL sign distribution agreement

Barclays Bank PLC, Pakistan, one of the largest global banks, has signed a landmark distribution agreement with JS Investments Limited (JSIL), one of the leading asset management companies in Pakistan. Under the agreement, JS Income Fund (JS IF) and Unit
Published 04 Nov, 2009 12:00am
Need stressed to explore new gas fields catering to country's demand

Need stressed to explore new gas fields catering to country's demand

Managing Director of Sui Southern Gas Company (SSGC) has stressed the need of exploring new gas fields to cater the demand of the country as the production of Sui-field is abating, gradually. Umair Khan was speaking at the 2nd meeting of FPCCI standing co
Published 04 Nov, 2009 12:00am
PSMA urges SBP to withdraw loan repayment deadline

PSMA urges SBP to withdraw loan repayment deadline

Pakistan Sugar Mills Association (PSMA) on Tuesday urged the State Bank of Pakistan to withdraw its loan repayment deadline besides disbursing fresh advances for timely commencement of crushing season without linking it to the adjustment of finances and c
Published 04 Nov, 2009 12:00am
TMA urges government to lower export refinance mark up rates

TMA urges government to lower export refinance mark up rates

The Towel Manufacturers Association of Pakistan (TMA) has urged the government to instruct State Bank of Pakistan (SBP) to lower export refinance mark up rates in line with the textile policy to enable textile industry to survive. In a statement here Tues
Published 04 Nov, 2009 12:00am
Steel merchants discuss problems with PSM managing director

Steel merchants discuss problems with PSM managing director

A seven-member delegation of Karachi Iron & Steel Merchants Association (Kisma), led by its Chairman, Ghulam Mohammad, met Pakistan Steel Mills Managing Director Rasool Baksh Phulpotto to discuss their future sales policy. The Managing Director apprised t
Published 04 Nov, 2009 12:00am
Sindh governor for formation of Ulema committees

Sindh governor for formation of Ulema committees

Sindh Governor Dr Ishrat-ul-Ebad Khan has directed the formation of Ulema Committee in the province to liaison between madaris, Ulema and the government. He was talking to a delegation of Ulema, led by Maulana Adil of Jamia Rehmania, which called on him a
Published 04 Nov, 2009 12:00am
IoBM organises health care camp

IoBM organises health care camp

Sindh Minister for Health, Dr Sagheer Ahmed said that free vaccination drive for Hepatitis has become a province wide phenomenon and that students, faculty and management of the Institute of Business Management (IoBM) have also been offered this facility.
Published 04 Nov, 2009 12:00am
300 former-armymen recruited for security of Peshawar: Hoti

300 former-armymen recruited for security of Peshawar: Hoti

NWFP Chief Minister, Amir Haider Hoti Tuesday disclosed that government has recruited 300 ex-armymen for security of provincial metropolis and appointment of 700 more would be made very soon. Responding to questions at a press conference here at Frontier
Published 04 Nov, 2009 12:00am
Naek for legislation to criminalise terrorist financing

Naek for legislation to criminalise terrorist financing

Chairman Senate Farooq H Naek Tuesday called for additional efforts to freeze terrorist assets and enact legislation to criminalise terrorist financing and to improve information sharing between financial intelligence units. Through effective policy-makin
Published 04 Nov, 2009 12:00am
CDA allocates job quota to women, minorities

CDA allocates job quota to women, minorities

The Capital Development Authority (CDA) would allocate 10 percent employment quota for women and 5 percent quota for minorities in pursuance with the announcement made by the government. The CDA spokesman Mustafain Kazmi informed APP that the CDA board ha
Published 04 Nov, 2009 12:00am
UNHCR assistance for IDPs continue

UNHCR assistance for IDPs continue

The UNHCR agency said on Tuesday it is continuing assistance for the displaced population fleeing the ongoing operation in South Waziristan Agency, as civilians take refugees with relatives and host communities in Dera Ismail Khan and Tank, said a press r
Published 04 Nov, 2009 12:00am
Over 0.4 million ATM cards issued to IDPs so far

Over 0.4 million ATM cards issued to IDPs so far

Federal Minister for States and Frontier Regions (Safron) Najmuddin Khan said that over 0.40 million ATM cards have so far been issued to the Internally Displaced Persons (IDPs) of Malakand and Waziristan. The government provided Rs 25,000 to each family
Published 04 Nov, 2009 12:00am
Role of spy agencies in guarding national interests highlighted

Role of spy agencies in guarding national interests highlighted

Chairman of Standing Committee of the Senate on Defence, Senator Lieutenant General Javed Ashraf Qazi (Retd) on Tuesday highlighted the importance of spy agencies in protecting national interests. Qazi was speaking in a roundtable discussion "Making Intel
Published 04 Nov, 2009 12:00am
Drama workshop begins at PNCA

Drama workshop begins at PNCA

The Repertory Theatre of Pakistan National Council of the Arts (PNCA) here on Tuesday kicked off its 3-day Drama workshop for over 50 young male and female actors. The participants were selected from the recently held auditions under the PNCA's Talent Hun
Published 04 Nov, 2009 12:00am
Population welfare programme: Senate body seeks Ulema's cooperation

Population welfare programme: Senate body seeks Ulema's cooperation

The Standing Committee of the Senate on Population Welfare has called for associating Ulema, `Mashaikh' and community leaders with the population welfare programme to make it more effective. The committee met in Parliament House Tuesday with Senator Semee
Published 04 Nov, 2009 12:00am
International moot on power generation from November 19

International moot on power generation from November 19

The third international power generation conference & exhibition (POWERGEN PAK 2009) will be held on November 19, with the theme 'Power Efficiency: Up-gradation & Self-Reliance" at a local hotel in Islamabad. Chief Organiser, Power Gen Pak Naeem Qureshi t
Published 04 Nov, 2009 12:00am
RCCI signs MoU with Kyrgystan and Uzbekistan Chambers

RCCI signs MoU with Kyrgystan and Uzbekistan Chambers

Two Memorandum of Understandings (MoUs) were signed by Rawalpindi Chamber of Commerce and Industry (RCCI) with the Kyrgystan and Uzbekistan Chambers to strengthen mutual trade relations, former president of RCCI Syed Asad Haider Mashadi said on Tuesday.
Published 04 Nov, 2009 12:00am
LHC reserves verdict on hundreds of identical petitions

LHC reserves verdict on hundreds of identical petitions

A full bench of Lahore High Court (LHC) reserved its verdict on hundreds of identical petitions against dismissal of prosecutors in Punjab. Petitioners Sarfraz Ahmed and others had sought court's indulgence to get them restored. The sacked officers had mo
Published 04 Nov, 2009 12:00am
BMA Empress Cash Fund being launched next week

BMA Empress Cash Fund being launched next week

The BMA Empress Cash Fund (BECF) is being launched next week by BMA Asset Management Company as an open-end money market fund whose IPO will be held from 10 to 11 November 2009. The Fund's key objective is to maintain high liquidity and minimise risk whic
Published 04 Nov, 2009 12:00am
BMA Empress Cash Fund being launched next week

BMA Empress Cash Fund being launched next week

The BMA Empress Cash Fund (BECF) is being launched next week by BMA Asset Management Company as an open-end money market fund whose IPO will be held from 10 to 11 November 2009. The Fund's key objective is to maintain high liquidity and minimise risk whic
Published 04 Nov, 2009 12:00am
Meezan Bank charted branches network on Google Maps

Meezan Bank charted branches network on Google Maps

Meezan Bank Ltd has charted its entire network of 168 branches in 42 cities of Pakistan on Google Maps; thus providing its customers and the general public the facility to easily locate any branch of Meezan Bank from their home or office, making the large
Published 04 Nov, 2009 12:00am
Citi Pakistan awarded Best Consumer Internet Bank 2009

Citi Pakistan awarded Best Consumer Internet Bank 2009

Global Finance named Citi Pakistan the 'Best Consumer Internet Bank' in Pakistan for the fourth year in a row. Winners were selected by a judging panel on the basis of the strength of their strategy for attracting and servicing online customers, their suc
Published 04 Nov, 2009 12:00am
Survey of damaged houses in Swat from Thursday

Survey of damaged houses in Swat from Thursday

The Provincial Relief, Rehabilitation and Settlement Authority (PaRRSA) is to launch house survey in district Swat from Thursday (November 5) to prepare assessment of the losses of the residential houses in the militancy-torn district. The objectives of t
Published 04 Nov, 2009 12:00am
CBM Society sets up health camp

CBM Society sets up health camp

Sindh's Minister for Health, Dr Sagheer Ahmed, while visiting the health camp set up by CBM Society of health managers, said that free vaccination drive for Hepatitis has become a phenomenon and that students, faculty and management of the Institute of Bu
Published 04 Nov, 2009 12:00am
Five police officials placed under suspension

Five police officials placed under suspension

Five officials of Anti-Car Lifting Cell (ACLC) Sharifabad, West Zone were placed under suspension with immediate effect on non-compliance of the orders of Court of Additional Sessions Judge, Khairpur. Those suspended were SI Mushtaque Ahmed Dahri, SI Shak
Published 04 Nov, 2009 12:00am
Body parts of suicide bomber found

Body parts of suicide bomber found

Police have found the broken skull, damaged face, fingers and two legs of the suicide bomber and experts are working to reconstruct the face and skull to identify him. The damaged parts if constructed skilfully will help in getting true picture of the sui
Published 04 Nov, 2009 12:00am
Hotels' room reservations denied to visitors from Quetta and Peshawar

Hotels' room reservations denied to visitors from Quetta and Peshawar

Security was put on high alert in the wake of Babu Sabu interchange blast on Tuesday, as police remained active throughout the day, in addition to carry out raids at the suspicious sites in the city. Sources from the hotel industry told that they have bee
Published 04 Nov, 2009 12:00am
Lodhi takes charge as Dewan Mushtaq Group managing director

Lodhi takes charge as Dewan Mushtaq Group managing director

A prominent figure of business arena, M A Lodhi has taken over the charge as Group Managing Director of Dewan Mushtaq Group, a leading industrial conglomerate having diverse operations in the areas of automotive, sugar, textile, fibre, cement and trading.
Published 04 Nov, 2009 12:00am
Trial of terrorists: NWFP government to finalise special laws soon: Hoti

Trial of terrorists: NWFP government to finalise special laws soon: Hoti

Chief Minister NWFP Ameer Haider Khan Hoti here, on Tuesday, said that the government would soon finalise special laws for the trial of terrorist elements. In a press conference held here at Chief Minister's House, he said that the draft legislation has b
Published 04 Nov, 2009 12:00am
Boosting economy, trade: Pakistan and Indonesia to sign PTA next year

Boosting economy, trade: Pakistan and Indonesia to sign PTA next year

Pakistan and Indonesia would sign Preferential Trade Agreement (PTA) early next year to boost economic activities and exploit trade potential between the two countries. "Both the countries have agreed to sign the PTA which has now entered the final stage
Published 04 Nov, 2009 12:00am
Pakistan draws world's attention to Kashmiris' suppression

Pakistan draws world's attention to Kashmiris' suppression

Focusing international community's attention on human rights violations and suppression of the people in Indian Occupied Kashmir, Pakistan on Monday called for a negotiated settlement of the decades-old dispute.
Published 04 Nov, 2009 12:00am
Army dispatches relief goods for IDPs

Army dispatches relief goods for IDPs

Pakistan Army Tuesday dispatched two trucks load of relief goods for the IDPs of South Waziristan. An announcement here on Tuesday said that the relief has been sent by the Women Welfare Club and Soldiers welfare bodies that are run under the auspices of
Published 04 Nov, 2009 12:00am
NCJP urges government to promote religious tolerance

NCJP urges government to promote religious tolerance

The National Commission for Justice and Peace (NCJP) Faisalabad Chapter had urged the Government to promote religious tolerance and inter-faith harmony and Peace Committees should be made effective and functional for the promotion of inter-religious dialo
Published 04 Nov, 2009 12:00am
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