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Dec 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2009-12-13
Emerging market stocks up

Emerging market stocks up

Emerging market stocks and currencies rallied on Friday, backed by stronger-than-expected US consumer spending and sentiment data that pushed investors to put cash to work in higher-yielding markets. Friday's data follows upbeat US trade data on Thursday
Published 13 Dec, 2009 12:00am
Dow, S&P gain after solid data; Nasdaq slips

Dow, S&P gain after solid data; Nasdaq slips

The Dow and S&P 500 closed up for a third straight session on Friday after several solid consumer-related reports reinforced investors' confidence in a steady recovery by the economy. Government reports showing stronger-than-expected November retail sales
Published 13 Dec, 2009 12:00am
Kenya shilling firm

Kenya shilling firm

The Kenya shilling gained ground against the dollar on Friday, helped by commercial banks unwinding long US currency positions ahead of the weekend. At 1020 GMT, commercial banks quoted the local unit at 75.70/90 to the dollar compared with Thursday's clo
Published 13 Dec, 2009 12:00am
Canadian dollar weaker

Canadian dollar weaker

The Canadian dollar slid lower on Friday morning after an early gain, hit by a stronger US dollar that benefited from retail sales data and a consumer sentiment survey, which raised hopes of a steady economic recovery. The Canadian dollar touched a sessio
Published 13 Dec, 2009 12:00am
Dollar rises to two-month high

Dollar rises to two-month high

The dollar rose to a two-month high against the euro on Friday after surprisingly strong data on US consumers boosted expectations the Federal Reserve would raise interest rates sooner rather than later. US retail sales posted the largest advance since Au
Published 13 Dec, 2009 12:00am
Forex outlook: US dollar near-term prospects remain upbeat

Forex outlook: US dollar near-term prospects remain upbeat

Worries about the ability of highly leveraged countries, such as the United Arab Emirates, Greece and Spain, to pay their debt is expected to boost the US dollar next week as investors seek safety. Risk appetite will remain a key driver for the dollar, wh
Published 13 Dec, 2009 12:00am
IMM speculators trim short bets on US dollar

IMM speculators trim short bets on US dollar

Currency speculators reduced 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 around $11.78 billion in the week ending December 8
Published 13 Dec, 2009 12:00am
UAE growth seen at 1.3 percent in 2009

UAE growth seen at 1.3 percent in 2009

The United Arab Emirates economy is expected to grow 1.3 percent in 2009 and 3.2 percent in 2010, the country's economy minister said, despite fears that Dubai's debt woes have worsened prospects for an economic recovery. Inflation is expected to fall to
Published 13 Dec, 2009 12:00am
Beckham hopes to play at 2014 World Cup

Beckham hopes to play at 2014 World Cup

England midfielder David Beckham hopes next year's World Cup in South Africa will not be his last even though he will be knocking on 40 at the 2014 finals in Brazil. "We'll see. I'd like to be able to play until I'm 40 and take part in another World Cup,
Published 13 Dec, 2009 12:00am
Penalty king Sorensen saves Stoke again

Penalty king Sorensen saves Stoke again

Stoke goalkeeper Thomas Sorensen enhanced his reputation as the Premier League's penalty king by saving Hugo Rodallega's late spot-kick to rescue a 2-2 draw against Wigan on Saturday. Sorensen has now saved penalties in three of his last four matches, but
Published 13 Dec, 2009 12:00am
Bangladesh recall ICL rebels for tri-series

Bangladesh recall ICL rebels for tri-series

Bangladesh have recalled four players who appeared in the Indian Cricket League (ICL) for their preliminary squad for a tri-series in Dhaka in January. A "cooling off" period for Shahriar Nafees, Aftab Ahmed, Alok Kapali and Dhiman Ghosh expires on Decemb
Published 13 Dec, 2009 12:00am
Woods taking 'indefinite break' from game

Woods taking 'indefinite break' from game

Fans, sponsors and fellow players on Saturday lamented the stunning fall from grace of one of the world's sporting Titans after Tiger Woods announced he would take an "indefinite break" from professional golf over a sex scandal that rocked his life and ca
Published 13 Dec, 2009 12:00am
Vettori's century steers Kiwis

Vettori's century steers Kiwis

Captain Daniel Vettori led the way with an unbeaten century as New Zealand took a first-innings lead on Saturday in third cricket Test against Pakistan. Opener Tim McIntosh made 74 before leg-spinner Danish Kaneria ripped out the middle order, taking 4- 1
Published 13 Dec, 2009 12:00am
Japan take three titles in Grand Slam judo

Japan take three titles in Grand Slam judo

World champion Yoshie Ueno won the women's 63-kilogramme title leading Japan to win three out of five classes in the Grand Slam judo tournament on Saturday. Two-time world champion Wang Ki-Chun of South Korea and Euan Burton of Britain won the remaining t
Published 13 Dec, 2009 12:00am
Kim holds off Wie to win Dubai season-ender

Kim holds off Wie to win Dubai season-ender

South Korean In Kyung-Kim never blinked despite a spirited charge from Michelle Wie on the final day to win the 500,000-euro Dubai Ladies Masters by three shots from the American star here Saturday. Kim, who is ranked one place below Wie at number 13 in t
Published 13 Dec, 2009 12:00am
Intikhab Alam upbeat about Australia series

Intikhab Alam upbeat about Australia series

Pakistan cricket coach Intikhab Alam has labelled Australia "beatable" while laughing off reports that his job is on the line on the eve of his team's tour of Australia. Pakistan, which will head into day three of third Test against New Zealand at Napier
Published 13 Dec, 2009 12:00am
Vietnam edge clear amid Thai football inquest

Vietnam edge clear amid Thai football inquest

Vietnam edged ahead at the top of the Southeast Asian Games medals table Saturday as Thailand took gold in the women's team tennis amid an inquest into their shock football defeat. Tamarine Tanasugarn beat Ayu Fani Damayanti 6-2, 6-0 and Nudnida Luangnam
Published 13 Dec, 2009 12:00am
Hong Kong shock Japan at East Asian Games

Hong Kong shock Japan at East Asian Games

Unfancied Hong Kong shocked a young Japan side in the final of the football at the East Asian Games on Saturday, winning 4-2 on penalties in front of a fanatical sell-out crowd. Defender Wong Chin Hung was the hero for Hong Kong, scoring the decisive pena
Published 13 Dec, 2009 12:00am
Yuvraj leads India to draw T20 series

Yuvraj leads India to draw T20 series

Yuvraj Singh took 3-23 and smashed an unbeaten 60 off 25 balls on his 28th birthday as India defeated Sri Lanka by six wickets on Saturday to draw the two-match Twenty20 series 1-1. India, who lost the first match in Nagpur on Wednesday by 29 runs, chased
Published 13 Dec, 2009 12:00am
Moderate quake jolts western India

Moderate quake jolts western India

A moderate but shallow earthquake jolted western India on Saturday, seismologists said, but there were no immediate reports of any damage. The US Geological Survey said the 5.1-magnitude quake struck at 5.21 pm (1151 GMT) around 156 kilometres (97 miles)
Published 13 Dec, 2009 12:00am
Rebel Abkhazia chooses leader, vote hailed by Russia

Rebel Abkhazia chooses leader, vote hailed by Russia

The rebel Georgian region of Abkhazia voted for a president on Saturday in an election hailed by sponsor Russia but shunned by most of the world. The five-way race is the first since Moscow recognised the Black Sea territory of 200,000 people as an indepe
Published 13 Dec, 2009 12:00am
Bangladesh urged to reform police system

Bangladesh urged to reform police system

Bangladesh could limit the role of the military in politics by taking major steps to overhaul its "dysfunctional policing system", which facilitates corruption and human rights abuses, the International Crisis Group said. The Brussels-based group, in its
Published 13 Dec, 2009 12:00am
Asean transport ministers seek lower transport emissions

Asean transport ministers seek lower transport emissions

Southeast Asia and Japan have endorsed plans to reduce transport pollution, especially on the region's congested roads, according to documents released after a two-day meeting in Vietnam. Transport ministers from the Association of Southeast Asian Nations
Published 13 Dec, 2009 12:00am
Gas-rich Turkmenistan pardons 4,000 prisoners

Gas-rich Turkmenistan pardons 4,000 prisoners

Turkmenistan freed 4,000 prisoners including 19 foreigners on Saturday in a symbolic move designed to promote a softer image for the reclusive country. The ex-Soviet republic has tried to open up since the death of autocratic leader Saparmurat Niyazov in
Published 13 Dec, 2009 12:00am
Seven Iranians nabbed in Indonesia on drugs charges

Seven Iranians nabbed in Indonesia on drugs charges

Indonesian authorities have arrested seven Iranians accused of smuggling methamphetamine in their stomachs only two days after seven other Iranians were detained in similar circumstances. Jakarta international airport customs chief Bahaduri Wijayanta said
Published 13 Dec, 2009 12:00am
11 missing after ship sinks in Mediterranean

11 missing after ship sinks in Mediterranean

Eleven Ukrainian sailors are missing after a ship sank off Lebanon, and UN forces with the help of Israel's military have launched a rescue operation, Israeli officials said on Saturday. "Defence Minister Ehud Barak instructed the Israeli navy and air for
Published 13 Dec, 2009 12:00am
Coins flow in to help Indonesian Facebook Mum

Coins flow in to help Indonesian Facebook Mum

From Aceh to Bali, Indonesians have donated a truckload of coins in support of a woman jailed for criticising health care provision in an email to friends. In a nation-wide cause celebre the money has been gathered to help Prita Mulyasari, 32, pay a fine
Published 13 Dec, 2009 12:00am
Iranian clerics rally to support supreme leader

Iranian clerics rally to support supreme leader

Tens of thousands of hard-line clerics rallied in cities across Iran on Saturday to denounce student protesters who burned photos of the country's supreme leader in a taboo-shattering act earlier in the week. The rallies were a second day of protest by go
Published 13 Dec, 2009 12:00am
Danes see bomb threat in French cooking oil

Danes see bomb threat in French cooking oil

A French group which advocates the use of cooking oil to run vehicles had its novel fuel confiscated by Danish police on the ground it could be used to make bombs during the Copenhagen climate talks. Members of the association "Roule ma Frite" (Roll on Fr
Published 13 Dec, 2009 12:00am
Citigroup sued by Terra Firma

Citigroup sued by Terra Firma

British private equity firm Terra Firma accused Citigroup Inc of fraud and sued the bank for billions in damages in connection with Terra Firma's purchase of music business EMI Group in 2007, court documents filed on Friday in New York showed. Terra Firma
Published 13 Dec, 2009 12:00am
Obama's half-brother named Chinese 'image ambassador'

Obama's half-brother named Chinese 'image ambassador'

The half-brother of US President Barack Obama has been named a "volunteer image ambassador" for the gritty southern Chinese city in which he lives, state media said on Saturday. Mark Okoth Obama Ndesandjo, who had the same, late, father as the US presiden
Published 13 Dec, 2009 12:00am
Palestinian farmer killed in Gaza crossfire

Palestinian farmer killed in Gaza crossfire

A Palestinian farmer was killed on Saturday when he was caught in the crossfire of a shootout between militants and Israeli soldiers in the Hamas-run Gaza Strip, officials said. "Sami Abu Khussa, 40, died after being hit by a shell near the (Israeli) bord
Published 13 Dec, 2009 12:00am
UN builds mud brick homes for homeless Gazans

UN builds mud brick homes for homeless Gazans

A Palestinian man made homeless by last winter's Gaza war was the first to receive a UN-funded mud brick home Saturday, with UN aid officials saying they're reverting to ancient building techniques because Israel won't allow concrete and other constructio
Published 13 Dec, 2009 12:00am
EU urges Karzai to act against corruption

EU urges Karzai to act against corruption

European Union leaders Friday urged the Afghan government of President Hamid Karzai to clamp down on rampant corruption that threatens the country's development.At a summit in Brussels, EU leaders said an international conference due to take place in Lond
Published 13 Dec, 2009 12:00am
Kabul deputy mayor arrested in crackdown

Kabul deputy mayor arrested in crackdown

The deputy mayor of Kabul was arrested Saturday for alleged misuse of authority, a senior Afghan official said, part of a crackdown in the wake of massive international criticism of corruption in President Hamid Karzai's government. Wahibuddin Sadat was t
Published 13 Dec, 2009 12:00am
Gibraltar wins Miss World 2009

Gibraltar wins Miss World 2009

Miss Gibraltar Kaiane Aldorino won the Miss World crown for 2009, defeating 111 other hopefuls at a glittering ceremony in South Africa. "Thank you South Africa, this is the most wonderful moment of my life," said a tearful Aldorino. Mexico came second, w
Published 13 Dec, 2009 12:00am
Clashes erupt as Turkey bans Kurdish party

Clashes erupt as Turkey bans Kurdish party

Clashes erupted in some towns across Turkey's Kurdish south-east on Saturday after a court disbanded a leading Kurdish party, dealing a blow to government efforts to end decades of conflict in the EU candidate country. In Ankara, deputies from the Democra
Published 13 Dec, 2009 12:00am
UK to close air base, cut defence budget

UK to close air base, cut defence budget

Britain is set to close at least one air force base and scale back its base in Cyprus as part of defence cost cutting plans, Channel 4 television said on Friday. Cuts amounting to hundreds of millions of pounds are due to be announced next week in an atte
Published 13 Dec, 2009 12:00am
Swiss refuse entry to Islamic preacher

Swiss refuse entry to Islamic preacher

Swiss authorities stopped an Islamic preacher at the German border late on Friday to prevent him speaking at a rally against Switzerland's ban on building new minarets, local press reported. Pierre Vogel, a German national, had been due to attend an Islam
Published 13 Dec, 2009 12:00am
Bangladesh sends 252 workers to Iraq

Bangladesh sends 252 workers to Iraq

Bangladesh sent more than 250 workers to Iraq as part of a drive to open a new jobs market for the nation's poor and help to ease the domestic fallout from the global downturn, a minister said Saturday. The 252 men will be employed working on infrastructu
Published 13 Dec, 2009 12:00am
20 ministers to resign in Andhra Pradesh, protests spread

20 ministers to resign in Andhra Pradesh, protests spread

At least 20 ministers threatened to resign in India's Andhra Pradesh Saturday as protests snowballed over a proposal to carve out a new state called Telengana. India's federal government agreed in principle Wednesday to the formation of a separate state f
Published 13 Dec, 2009 12:00am
Martial law in Philippine massacre area lifted

Martial law in Philippine massacre area lifted

President Gloria Arroyo on Saturday lifted martial law in a southern Philippine province where an election-linked massacre left 57 people dead, senior aides said, with over 500 suspects now arrested. The regime imposed eight days ago in Maguindanao provin
Published 13 Dec, 2009 12:00am
US envoy for North Korea says patience needed

US envoy for North Korea says patience needed

The US envoy to North Korea said patience is needed in seeking the resumption of nuclear disarmament talks with the isolated state following his visit there this week. Speaking in Beijing after briefing Chinese officials on his meetings in Pyongyang, Step
Published 13 Dec, 2009 12:00am
Iran needs up to 15 nuclear plants: foreign minister

Iran needs up to 15 nuclear plants: foreign minister

Iran needs up to 15 nuclear plants to generate electricity, its foreign minister said on Saturday, underlining Tehran's determination to press ahead with a programme the West suspects is aimed at making bombs. Manouchehr Mottaki, addressing a security con
Published 13 Dec, 2009 12:00am
Hillary urges Pakistani-Americans to help Pakistan in its development

Hillary urges Pakistani-Americans to help Pakistan in its development

Reaffirming US support to Pakistan, Secretary of State Hillary Clinton on Friday called on Pakistani-Americans to help foster greater understanding between the two countries and contribute to the South Asian country's stability as well as its social and e
Published 13 Dec, 2009 12:00am
POL prices hike: transporters fleecing public

POL prices hike: transporters fleecing public

Transporters are charging extra fare from the commuters at Pirwadhai after the recent raise in petroleum products' prices. A large number of commuters daily travel from Pirwadhai which is the main bus stop and from where vehicles ply to different parts of
Published 13 Dec, 2009 12:00am
World peace through world trade: diversion from theory in FICCI's report

World peace through world trade: diversion from theory in FICCI's report

The report released by the Federation of the Indian Chambers of Commerce and Industry (FICCI) and prepared by its task force on 'National Security and Terrorism' has created several doubts and questions marks in the minds of all those who believe in the f
Published 13 Dec, 2009 12:00am
Economy: China versus America

Economy: China versus America

Two world powers, with two distinctly different political philosophies, proceed in world affairs on strikingly different courses. China has chosen to flex its economic muscle while America's strategy is based on using military might in pursuing its agenda
Published 13 Dec, 2009 12:00am
Down but not out: embattled Kazakh paper fights back

Down but not out: embattled Kazakh paper fights back

In less than six months Kazakhstan's best known opposition newspaper has been sued for almost half a million dollars, had its presses raided and an entire print run seized by the tax police. Forced to churn out copies on an aging photocopier and with many
Published 13 Dec, 2009 12:00am
Dubai's expatriate workers feel pinch of debt crisis

Dubai's expatriate workers feel pinch of debt crisis

When Gomer left the Philippines as a fresh graduate engineer for Dubai, he had high hopes of a prosperous career in the then booming emirate. But now five years on, his aspirations could hit a dead-end street as the emirate, once dubbed "the Singapore of
Published 13 Dec, 2009 12:00am
Loan write-off issue: banking sector's negligence

Loan write-off issue: banking sector's negligence

The government has released details of the total written-off loans during the last ten years, which amounts to almost RS 100 billion. The beneficiaries are all influential politicians, bureaucrats, industrialists and others. The quantum of written off loa
Published 13 Dec, 2009 12:00am
'They are traders out to make a fast buck'

'They are traders out to make a fast buck'

Three reports, appearing one after another in the media regarding the death of patients caused by some doctors' negligence brings under focus the sad state of affairs prevailing in government and private hospitals. The relatives of MNA Faiz Mohammad Khan,
Published 13 Dec, 2009 12:00am
Is media a king-maker?

Is media a king-maker?

Eminent defence and security analyst Dr Ayesha Siddiqa, author of the groundbreaking work "Military Inc" has argued at a seminar on "Crisis of Governance," in Lahore that the military is only a part of the group of king-makers in Pakistan, and that the me
Published 13 Dec, 2009 12:00am
Samsung unveils new smartphone platform 'bada' to world

Samsung unveils new smartphone platform 'bada' to world

Samsung Electronics Co Ltd, (mobile phone provider) on Saturday unveiled its new smartphone platform, Samsung bada. At this unveiling, Samsung displayed bada SDK (Software Development Kit) for partners and presents the unique benefits and unprecedented op
Published 13 Dec, 2009 12:00am
Sudanese envoy meets Punjab University vice chancellor

Sudanese envoy meets Punjab University vice chancellor

Sudan Embassy's First Secretary, Mohamed Eldei Ali called on Punjab University acting Vice-Chancellor, Professor Dr Jamil Anwar Chaudhry at Quaid-e-Azam Campus and discussed avenues of academic collaboration between PU and Khartoum University. He said Sud
Published 13 Dec, 2009 12:00am
US flayed for putting ROZs on the back burner

US flayed for putting ROZs on the back burner

Chairman of Senate Standing Committee on Commerce Ilyas Bilour has said the US has put the reconstruction opportunity zones (ROZs) in NWFP on the back burner that will have a very negative impact on overall economic scenario of the country. Senator Ilyas
Published 13 Dec, 2009 12:00am
Punjab government accused of stopping payment to Contractors

Punjab government accused of stopping payment to Contractors

The Punjab government has stopped payment to its contractors of major nation-building departments since mid-November and construction work has come to a halt on some projects, Sardar Ishaque Khan Chairman Federation of Punjab Contractors Association told
Published 13 Dec, 2009 12:00am
Steps taken to control swine flu: DG Health

Steps taken to control swine flu: DG Health

The Punjab Health Department has taken various steps to control the swine flu. Necessary medicines and diagnostic material have been provided to the teaching as well as other hospitals for free diagnose and treatment of the patients besides conveying the
Published 13 Dec, 2009 12:00am
Five DBs, eleven SBs constituted

Five DBs, eleven SBs constituted

Chief Justice Lahore High Court (LHC) Khawaja Muhammad Sharif here on Saturday constituted five division benches (DBs) and eleven single benches (SBs) for disposal of the cases pending with principal seat for the week commencing from December 14. The DBs
Published 13 Dec, 2009 12:00am
Senior journalist dies of cardiac arrest

Senior journalist dies of cardiac arrest

Resident Editor Daily Express Peshawar and a noted journalist Suhail Qalandar died of cardiac arrest here on Saturday morning. Suhail Qalandar found dead in his car near his office, apparently due to cardiac failure. His body was taken to the hospital for
Published 13 Dec, 2009 12:00am
Qingqi Motors launches 70cc Motorcycle

Qingqi Motors launches 70cc Motorcycle

Plum Qingqi Motors launched its 70cc four stroke motorcycle at 'All Pakistan Dealers Seminar' here on Friday. The new motorcycle has been named as QM-70 and it is being introduced in Pakistani market after Qingqi 100cc motorcycle's success and demand from
Published 13 Dec, 2009 12:00am
Petition filed for recovery of written-off loans

Petition filed for recovery of written-off loans

A petition has been filed before the Supreme Court seeking recovery of Rs 200 billion written off loans. The petition is moved by President, Watan Party, Punjab chapter, Hashim Shaukat Khan and Barrister Zafar Ullah Khan. The cabinet secretary, secretary
Published 13 Dec, 2009 12:00am
Death of baby girl: LHC restrains Punjab govt from sealing hospital

Death of baby girl: LHC restrains Punjab govt from sealing hospital

The Lahore High Court (LHC) has restrained Punjab government from sealing Doctors Hospital and summoned head of Chief Minister's inquiry commission, Nazar Chohan, for December 18 in connection with a petition moved by hospital through its Managing Directo
Published 13 Dec, 2009 12:00am
PPP Punjab holds peace rally against terrorism

PPP Punjab holds peace rally against terrorism

Pakistan Peoples Party (PPP) Punjab held a peace rally against increasing incidents of terrorism in the country on Mall Road on Saturday. Provincial leadership of the party participated and addressed the party workers and its supporters. However, the rall
Published 13 Dec, 2009 12:00am
Mirwaiz vows to continue efforts for resolution of Kashmir issue

Mirwaiz vows to continue efforts for resolution of Kashmir issue

The Chairman of All Parties Hurriyet Conference (APHC) in occupied Kashmir Mirwaiz Umar Farooq has said that the ongoing struggle for right to self-determination will be taken to its logical end and the Kashmir dispute will be resolved in accordance with
Published 13 Dec, 2009 12:00am
FPCCI organises programme to mark disabled persons day

FPCCI organises programme to mark disabled persons day

FPCCI Standing Committee on Corporate Social Responsibility (CSR) and Education, Literacy and (NFE) in collaboration with Pakistan Disabled Federation (PDF), organised a programme in connection with the world disabled persons day, at the FPCCI. The progra
Published 13 Dec, 2009 12:00am
FBISE announces result of HSSC-II supplementary exams

FBISE announces result of HSSC-II supplementary exams

Federal Board of Intermediate and Secondary Education (FBISE) on Saturday announced result of Higher Secondary School Certificate (HSSC) Part-II supplementary exams for which the pass percentage remained 45.79. According to FBISE statistics, 2,237 student
Published 13 Dec, 2009 12:00am
Pakistan's war against militants deemed legitimate

Pakistan's war against militants deemed legitimate

A law expert has termed Pakistan's fight against violent extremists and militants as legitimate and justified in the perspective of Islamic, domestic and the international laws. Law lecturer at University of Hull, East England, Dr Niaz A. Shah while speak
Published 13 Dec, 2009 12:00am
'Arrest of US terror suspects a wake-up call'

'Arrest of US terror suspects a wake-up call'

The arrest of five US nationals in Pakistan for trying to join Islamist militant groups is a "wake-up call" about Muslim radicalisation in the United States, a local imam said Friday. And imam Mahdi Bray said his community in Virginia would hit back again
Published 13 Dec, 2009 12:00am
AWAM holds seminar

AWAM holds seminar

Association of Women for Awareness and Motivation (AWAM) organised a seminar in connection with international human rights day, on the theme "Basic concepts of human rights and social behaviours" in collaboration with Development Organisation for Social T
Published 13 Dec, 2009 12:00am
Collective efforts needed against menace of terrorism: President SCCI

Collective efforts needed against menace of terrorism: President SCCI

President Sialkot Chamber of Commerce and Industry (SCCI) Muhammad Ishaq Butt has said, we as a nation are being undermined by the menace of terrorism which not only has adverse implications on our society but also adversely affecting the trade and indust
Published 13 Dec, 2009 12:00am
Muharram-ul-Haram: meeting reviews security arrangements

Muharram-ul-Haram: meeting reviews security arrangements

Divisional Commissioner Tahir Hussain completed phased inspections, in 4 districts of Faisalabad Division, to review the security and administrative arrangements in the forthcoming month of Muharram. The Divisional Commissioner Saturday presided over a me
Published 13 Dec, 2009 12:00am
Dacoit shot dead

Dacoit shot dead

A dacoit Khurram Dar of Chiniot was shot dead in police encounter here on Friday night near Peharang. According to SHO Police Station Sahianwala, the armed dacoits had looted the passenger bus at gunpoint, which was bound for Lahoreian from Faisalabad. Th
Published 13 Dec, 2009 12:00am
Moon Market bomb blast: desecration of martyrs' bodies denied

Moon Market bomb blast: desecration of martyrs' bodies denied

A spokesman of the Department of Forensic Medicine and Toxicology, King Edward Medical University (KEMU), on Saturday refuted the allegations of desecration of bodies of martyrs of Moon Market bomb blast. He said the department received 52 bodies/body par
Published 13 Dec, 2009 12:00am
Embroidery project being started in southern Punjab

Embroidery project being started in southern Punjab

Chairman Punjab Industrial Development Corporation, Gul Muhammad Rind has said that a big project of embroidery is being started in southern Punjab under which 11 centres are being established and latest machinery would be provided. He said that the const
Published 13 Dec, 2009 12:00am
Fisalaabad Irrigation Zone

Fisalaabad Irrigation Zone

Different canals falling in the Faisalabad Irrigation Zone will remain close at their heads for annual repairs. Chief Engineer Irrigation Zikaullah Bhatti informed that Qadribad Balluki link and Jhang branch canals would be remained closed from 27 Decembe
Published 13 Dec, 2009 12:00am
FPCCI seminar on tax dispute resolution on December 14

FPCCI seminar on tax dispute resolution on December 14

FPCCI, in collaboration with Pakistan Legal Awareness Trust, is organising a seminar on tax dispute resolution, on December 14, 2009 (tomorrow) at the Federation House, Karachi. Federal Tax Ombudsman (FTO) Dr Muhammad Shoaib Suddle will be the Chief Guest
Published 13 Dec, 2009 12:00am
Media organisations call for action to protect journalists

Media organisations call for action to protect journalists

Media organisations participating in the Copenhagen Summit on Climate Change have called for protection to environmental journalists in the line of their duties. Around 24 international, regional and national press freedom organisations at the UN Conferen
Published 13 Dec, 2009 12:00am
PTI hails consensual NFC Award

PTI hails consensual NFC Award

Pakistan Tehreek-e-Insaf NWFP chapter has welcomed the consensus of the provinces on 7th National Finance Commission Award (NFC) and termed it a triumph of all political parties. Provincial President of PTI Asad Qaisar while talking to a party delegation
Published 13 Dec, 2009 12:00am
Raisani congratulated for achieving big share in NFC

Raisani congratulated for achieving big share in NFC

Yakoob H Karim, President, Lasbela Chamber of Commerce and industry in a press release issued here on Saturday has wholeheartedly congratulated Chief Minister of Balochistan Aslam Raisani and his team to their successful effort to get the share of 9.09 pe
Published 13 Dec, 2009 12:00am
7th NFC Award welcomed

7th NFC Award welcomed

Federal Population Welfare Minister Dr Firdous Ashiq Awan has hailed the consensus on 7th NFC award and termed it a big success of the government. Talking to the media here on Saturday she said that Federal Finance Minister and Provincial Chief Ministers
Published 13 Dec, 2009 12:00am
Sindh University teachers boycott semester exams

Sindh University teachers boycott semester exams

Vice Chancellor of Sindh University (SU) Mazharul Haq Siddiqui addressing the teachers on Saturday expressed deep sorrow and condemned the incident of misbehaviour with a University teacher. He was addressing the University teachers at the Senate Hall.
Published 13 Dec, 2009 12:00am
'KESC saved 140 megawatts daily through daylight saving drive'

'KESC saved 140 megawatts daily through daylight saving drive'

The Karachi Electric Supply Company (KESC) saved 140 to 145 megawatts of electricity daily during the daylight saving campaign this summer. This was stated by Asif Hussain Siddiqui, Director Energy Conservation Department (ECD) of KESC, at a media briefin
Published 13 Dec, 2009 12:00am
Chinese delegation visits BoI, discusses investment opportunities

Chinese delegation visits BoI, discusses investment opportunities

A two member delegation from People's Republic of China headed by Suo Lang Duo Ji, Founder Chairman, M/s Lumena Resources Corporation, China visited Board of Investment and called on Tariq Iqbal Puri, Secretary, Ministry of Investment (BOI) on Saturday to
Published 13 Dec, 2009 12:00am
Punjab proposes to hold local bodies' polls on party basis

Punjab proposes to hold local bodies' polls on party basis

Punjab government has proposed to hold future local bodies elections on the party basis and to evolve a comprehensive system of check and balance. Addressing a news briefing here on Saturday, senior Advisor to Punjab Chief Minister, Sardar Zulfiqar Ali Kh
Published 13 Dec, 2009 12:00am
Condolence reference on Bashir Miandad's death held

Condolence reference on Bashir Miandad's death held

A condolence meeting on the sad demise of Bashir Miandad, prominent businessman and elder brother of legendary cricketer, Jawed Miandad, was held at Karachi Chamber of Commerce and Industry (KCCI) here on Saturday. KCCI members paid rich tributes to the s
Published 13 Dec, 2009 12:00am
Fifth Annual Convocation of Imsa held at Sindh University

Fifth Annual Convocation of Imsa held at Sindh University

The Senior Sindh Education Minister Pir Mazhar-ul-Haq has said that four Regional Directorates were being separately established in province to bring private school system, under the administrative net. He said that such Directorate has been established i
Published 13 Dec, 2009 12:00am
President promulgates AEDB Ordinance 2009

President promulgates AEDB Ordinance 2009

President Asif Ali Zardari has promulgated the Alternative Energy Development Board Ordinance, 2009. Following is the text of the Ordinance, issued on December 1, 2009.
Published 13 Dec, 2009 12:00am
President promulgates AEDB Ordinance 2009

President promulgates AEDB Ordinance 2009

President Asif Ali Zardari has promulgated the Alternative Energy Development Board Ordinance, 2009. Following is the text of the Ordinance, issued on December 1, 2009.
Published 13 Dec, 2009 12:00am
Pakistan needs leaders committed to public service: Dr Maleeha

Pakistan needs leaders committed to public service: Dr Maleeha

"More than ever our country needs citizens and leaders who make public service the hallmark of all that they do and commit themselves resolutely and single-mindedly to address the terrible burdens of poverty, disease and deprivation," said Dr Maleeha Lodh
Published 13 Dec, 2009 12:00am
Ibad, Qaim meet Gilani

Ibad, Qaim meet Gilani

Governor Sindh, Dr Ishratul Ibad Khan and Chief Minister Sindh Syed Qaim Ali Shah called on Prime Minister Syed Yousuf Raza Gilani at the Governor's House. The Prime Minister congratulated Syed Qaim Ali Shah for reaching consensus on the 7th NFC Award. He
Published 13 Dec, 2009 12:00am
Ashraf meets Wapda union team

Ashraf meets Wapda union team

Federal Minister for Water & Power Raja Pervaiz Ashraf has urged Wapda workers to work hard for providing better services to the consumers. During a meeting with a delegation of WAPDA Hydro Electric Central Labour Union here on Saturday the minister said
Published 13 Dec, 2009 12:00am
Balochistan Senators welcome seventh NFC Award

Balochistan Senators welcome seventh NFC Award

Balochistan Senators on Saturday welcomed the announcement of the Seventh National Finance Commission (NFC) Award and termed it a positive step. Deputy Chairman of the Senate, Mir Jan Muhammad Khan Jamali talking to Business Recorder said the Award
Published 13 Dec, 2009 12:00am
NFC Award: chief ministers commended for reaching consensus

NFC Award: chief ministers commended for reaching consensus

President Lasbela Chamber of Commerce & Industry (LCCI) Yakoob H. Karim has congratulated Aslam Raisani and his team for their successful efforts to get 9.09 percent 7th NFC Award share as against 7.17 percent during the current year. Balochistan will now
Published 13 Dec, 2009 12:00am
Gilani terms 7th NFC Award 'historic achievement'

Gilani terms 7th NFC Award 'historic achievement'

Prime Minister, Yousuf Raza Gilani has termed the 7th NFC Award as an historic achievement in the history of the country as all the federating units unanimously agreed on the formula and there was no dissenting note on it. The Prime Minister was talking t
Published 13 Dec, 2009 12:00am
Poverty reduction, empowerment: call to create awareness among masses

Poverty reduction, empowerment: call to create awareness among masses

Speakers at a seminar on Saturday stressed the need for creating awareness among masses about measures to eradicate poverty and empowering people. Participants of the two-day National Convention of Federations of Community Organisations arranged by Rural
Published 13 Dec, 2009 12:00am
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