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Print - 2009-12-18
Religious harmony during Muharram should be maintained: Shahbaz

Religious harmony during Muharram should be maintained: Shahbaz

During the last three days of Ashura, the Punjab government would impose ban on pillion-riding, which is a part of the security arrangements for maintenance of law and order during Moharram-ul-Haram. This was stated by an official in a meeting, which was
Published 18 Dec, 2009 12:00am
Governments urged to devise wheat procurement policy for 2009-10

Governments urged to devise wheat procurement policy for 2009-10

Pakistan Mutthida Kisan Mahaz (PMKM) has urged the federal and provincial governments to immediately devise a policy about wheat procurement 2009-10, storage and marketing of procured wheat and arrangement of finances from the financial institutions for p
Published 18 Dec, 2009 12:00am
LHC restrains government from handing over six Americans to US

LHC restrains government from handing over six Americans to US

Lahore High Court (LHC) Chief Justice Khwaja Muhammad Sharif, disposing of a habeas corpus petition against detention and possible repatriation of six American nationals, on Thursday linked their handing over to America with the court permission. The cour
Published 18 Dec, 2009 12:00am
By-election for PB-1 Quetta-1 on December 23

By-election for PB-1 Quetta-1 on December 23

The Chief Election Commissioner of Pakistan has announced that the poll for bye-election in Constituency No PB-1 Quetta-1 shall be held from 8m to 5pm without any interval on December 23 December, said a handout issued here on Thursday. The handout furthe
Published 18 Dec, 2009 12:00am
Four PBC members support Tariq

Four PBC members support Tariq

Four members of the Punjab Bar Council (PBC) have announced their support to Chaudhry Tariq Javed contesting presidential election in the Lahore Bar Association (LBA). PBC members Chaudhry Babar Waheed, Noman Qureshi, Chaudhry Ghulam Murtaza and Chaudhry
Published 18 Dec, 2009 12:00am
Food poisoning: nine leading Ulema fall unconscious

Food poisoning: nine leading Ulema fall unconscious

As many as nine leading Ulema from different school of thoughts suddenly fell unconscious during the "Ulema and Mashaikh Conference" being held at the residence of JUI leader, Abdul Ghafoor Haideri, due to food poisoning. The Ulema, including Mufti Muneeb
Published 18 Dec, 2009 12:00am
Legality of DRRA notices to registered units questioned

Legality of DRRA notices to registered units questioned

It is strange coincidence that Federal Board of Revenue (FBR) has selected over 900 corporate and Associations of Persons (AOPs) for composite audit through computerised random balloting whereas, Regional Tax Office (RTO), Islamabad at the same time issue
Published 18 Dec, 2009 12:00am
Senate body terms Wapda most corrupt department

Senate body terms Wapda most corrupt department

Terming Water and Power Development Authority (Wapda) as most corrupt department after police, Senate Standing committee on water & power on Thursday maintained the department has done un-repairable damage to the country due to unabated corruption.
Published 18 Dec, 2009 12:00am
France may sign cooperation pact in four sectors next year

France may sign cooperation pact in four sectors next year

France is likely to sign an agreement of co-operation with Pakistan in four sectors including water, power, agriculture and transport next year, Francis Widmer, French Commercial Counsellor informed the business community here, Thursday. Speaking at a mee
Published 18 Dec, 2009 12:00am
BoK assets cross Rs 36 billion

BoK assets cross Rs 36 billion

The Bank of Khyber (BoK) assets cross Rs 36 billion, which shows the strength of BoK as a stable financial institution of the country, this was stated by Bilal Mustafa, Managing Director BoK while addressing the participants at a dinner hosted in honour o
Published 18 Dec, 2009 12:00am
PML-N calls on Zardari, Cabinet to quit

PML-N calls on Zardari, Cabinet to quit

PML-N on Thursday called on President Asif Ali Zardari to resign after a court threw out an amnesty protecting him and senior government figures from corruption charges. The Supreme Court declared Wednesday that a 2007 National Reconciliation Ordinance (N
Published 18 Dec, 2009 12:00am
Cotton hit record high at Rs 4,600 per 40kg

Cotton hit record high at Rs 4,600 per 40kg

The cotton prices hit record high at Rs 4,600/40kg with an addition of Rs 100 in the market, according to a TV channel. According to the channel, cotton purchase increased after the government's announcement of not imposing ban on cotton's export.
Published 18 Dec, 2009 12:00am
Textile industry worries over looming threat of loadshedding

Textile industry worries over looming threat of loadshedding

Textile industry is worrying over looming threat of load shedding amid confusing commitment from the Pakistan Electric Power Company (Pepco) on continuity of exemption to it. Textile industry sources said the latest spell of load shedding ahead of Decembe
Published 18 Dec, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Dec, 2009 12:00am
SNGPL to restore gas supply to 450 industrial units today

SNGPL to restore gas supply to 450 industrial units today

Sui Northern Gas Pipelines Limited (SNGPL) will restore Sui gas supply to almost 450 industrial units in districts Lahore and Kasur on Friday (today), after observing the off days under the gas load management plan. Meanwhile, General Secretary Lahore Tow
Published 18 Dec, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 18 Dec, 2009 12:00am
PIAF hails Prime Minister's Austerity Plan

PIAF hails Prime Minister's Austerity Plan

The business community in the provincial metropolis paid rich tributes to the Prime Minister, Yousuf Raza Gilani for getting approval of Austerity Plan to get rid of the economic problems in the country.
Published 18 Dec, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Dec, 2009 12:00am
French Human Rights prize for Pakistani school

French Human Rights prize for Pakistani school

Ilm-Jo Sohjro a little known school located in Qasimabad, imparting free education in Sindhi to street children has won the coveted Special Mention Human Rights Prize 2009 of the French Republic. Numerous NGOs from all over the world submitted their proje
Published 18 Dec, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Dec, 2009 12:00am
People widely hail Supreme Court verdict

People widely hail Supreme Court verdict

Following decision of the apex court in controversial National Reconciliation Ordinance (NRO), public demand for recovery of plundered wealth and accountability of plunderers is mounting. People from different walks of life hailed the decision of Supreme
Published 18 Dec, 2009 12:00am
Lawyers take out rally to celebrate Supreme Court verdict

Lawyers take out rally to celebrate Supreme Court verdict

Legal fraternity here Thursday took out rally to celebrate the landmark judgement of Supreme Court against the National Reconciliation Ordinance (NRO). In provincial metropolis, two rallies were taken out by Lahore High Court Bar Association (LHCBA) and L
Published 18 Dec, 2009 12:00am
APSAA sets up body to check record of security guards

APSAA sets up body to check record of security guards

The All Pakistan Security Agencies Association (APSAA) has formed a committee to check the official records and documents of security men hired by the private security companies. This was stated by APSAA Chairman Major Munir Ahmed (Retd) while addressing
Published 18 Dec, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (December 17, 2009).

Published 18 Dec, 2009 12:00am
Trend of violent protest by activists makes traders over cautious

Trend of violent protest by activists makes traders over cautious

The trend of violence and violent protests by political/religious activists following any incident or tragedy has made the traders and businessmen community over cautious, as the traders use to close their businesses before any major incident or even if t
Published 18 Dec, 2009 12:00am
'Korean private sector investment can be promoted in Pakistan'

'Korean private sector investment can be promoted in Pakistan'

Korean private sector investment can be promoted in Pakistan through increased interaction between the business communities of the Republic of Korea and Pakistan and their participation in the Privatisation Programme in Pakistan. These views were expresse
Published 18 Dec, 2009 12:00am
Training workshop for medical officers of prisons

Training workshop for medical officers of prisons

In compliance with the orders of Supreme Court of Pakistan, Health Department Punjab has started orientation and training of medical officers posted in prisons for screening and treatment of prisoners suffering from Hepatitis B, C, HIV/ AIDS, Malaria, Den
Published 18 Dec, 2009 12:00am
Experts give their opinions: who stands disqualified?

Experts give their opinions: who stands disqualified?

Following the Supreme Court verdict declaring the National Reconciliation Ordinance (NRO) invalid from the beginning, all the Parliamentarians including ministers convicted by the courts or those who had their loans written off stand disqualified under pr
Published 18 Dec, 2009 12:00am
CDA declares 2010 as the 'Golden Jubilee'year

CDA declares 2010 as the 'Golden Jubilee'year

Capital Development Authority (CDA) has declared 2010 as the 'Golden Jubilee' year of the Authority. This was announced by the Chairman CDA, Imtiaz Inayat Elahi while addressing a press conference here on Thursday. He said that the Authority has planned a
Published 18 Dec, 2009 12:00am
THE RUPEE: dollar sharply down

THE RUPEE: dollar sharply down

In a surprising way, the rupee posted fresh gains against dollar and euro on the currency market on Thursday, dealers said. On the interbank market the rupee gained sharply against dollar, rising 25 paisa for buying and selling at 84.25 and 84.30, they sa
Published 18 Dec, 2009 12:00am
Sugar being sold at Rs 60 per kg in Quetta

Sugar being sold at Rs 60 per kg in Quetta

Sugar is being sold at Rs 60 per kg at retail price in the provincial capital's bazaars. APP learnt on Thursday that although the commodity is available at Rs 53 per kg in the wholesale market in Quetta, it is being sold at Rs 60 per kg in the bazaars.
Published 18 Dec, 2009 12:00am
THE RUPEE: dollar sharply down

THE RUPEE: dollar sharply down

In a surprising way, the rupee posted fresh gains against dollar and euro on the currency market on Thursday, dealers said. On the interbank market the rupee gained sharply against dollar, rising 25 paisa for buying and selling at 84.25 and 84.30, they sa
Published 18 Dec, 2009 12:00am
Immunities need to be revisited

Immunities need to be revisited

Amidst much public fan fare the National Reconciliation Ordinance (NRO) was declared void ab initio by the Supreme Court of Pakistan which means 'to be treated as invalid from the outset.'
Published 18 Dec, 2009 12:00am
KBP hails Supreme Court verdict

KBP hails Supreme Court verdict

President, Kisan Board Pakistan (KBP) Sardar Zafar Hussein Khan and Central Secretary General Malik Muhammad Ramzan Rohari have welcomed the verdict of the Supreme Court about National Reconciliation Ordinance (NRO) and termed it as a reflection of collec
Published 18 Dec, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 17, 2009).

Published 18 Dec, 2009 12:00am
Syed Tahir attends FICAC

Syed Tahir attends FICAC

Syed Tahir Husain, Consul General of Republic of Gambia (Hon), and Syed Nasir Husain, Consul General of Republic of Sierra Leone (Hon) were among a 16-member delegation from Pakistan that attended the General Assembly of World Congress of Consuls from 14t
Published 18 Dec, 2009 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 17, 2009).

Published 18 Dec, 2009 12:00am
736th death anniversary of Rumi observed

736th death anniversary of Rumi observed

On the eve of 736th death anniversary of great Muslim Sufi Poet Jalal-ud-Din Rumi Punjab University Centre for South Asian Studies in collaboration with Rumi Forum Pakistan organised a special seminar on Thursday. Roman Scholar and Rumi Forum Chairman Har
Published 18 Dec, 2009 12:00am
CIC, Akbar Associates sign accord for joint venture

CIC, Akbar Associates sign accord for joint venture

M/s Cameron International Corp (CIC), the second-largest US oilfield gear maker, has signed a preliminary agreement for a joint venture with Akbar Associates, a Pakistani oil services firm. This was stated by Syed Asghar Abbas Rizvi, director general of B
Published 18 Dec, 2009 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 17, 2009).

Published 18 Dec, 2009 12:00am
Traffic Police Centre: Shahbaz takes notice of music concert

Traffic Police Centre: Shahbaz takes notice of music concert

Punjab Chief Minister Muhammad Shahbaz Sharif has taken strict notice of the holding of a music concert at Thokar Niaz Beg Centre of Lahore Traffic Police and ordered setting up of an inquiry committee in this regard. According to an official here on Thur
Published 18 Dec, 2009 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (December 17, 2009) and for Friday (December 18, 2009).
Published 18 Dec, 2009 12:00am
Alleged TTP leader held

Alleged TTP leader held

The Crime Investigation Department (CID) of police claimed to have arrested a leader of Tehreek-e-Taliban Pakistan (TTP) from the Manghopir area and recovered huge quantity of explosives on Thursday. According to officials, a party of the CID, on a tip of
Published 18 Dec, 2009 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 17, 2009).

Published 18 Dec, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 17, 2009).

Published 18 Dec, 2009 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 17, 2009).

Published 18 Dec, 2009 12:00am
BSEK extends date for forms' submission

BSEK extends date for forms' submission

The Board of Secondary Education Karachi (BSEK) has extended the last date without late fee for submission of examination forms for the SSC Part II Annual Examination 2010 up to December 31. This was stated by BSEK Controller of Examinations on Thursday.
Published 18 Dec, 2009 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 18 Dec, 2009 12:00am
OUP to launch book on rural development today

OUP to launch book on rural development today

The Oxford University Press (OUP) Pakistan will launch a book on rural development on December 18 in Bahawalpur. An announcement to this effect was made by the OUP Pakistan here on Thursday. It said the OUP Pakistan would launch the publication in collabo
Published 18 Dec, 2009 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 18 Dec, 2009 12:00am
GCU organises workshop

GCU organises workshop

Government College University (GCU) Lahore Department of Economics on Thursday organised a workshop on 'Case Study Writing Methodology: Bringing the Real World into the Classroom for Teaching' under the aegis of its Higher Education link with the Universi
Published 18 Dec, 2009 12:00am
'Foolproof security arrangements during Muharram be ensured'

'Foolproof security arrangements during Muharram be ensured'

Capital City Police Officer (CCPO), Muhammad Pervez Rathore has ordered Lahore Police that, during holy month of Moharram, foolproof arrangements for checking and screening at all entry and exit points of the city be ensured. CCPO further directed that du
Published 18 Dec, 2009 12:00am
Bomb kills six, injures 12 on restive Myanmar border

Bomb kills six, injures 12 on restive Myanmar border

Six people have been killed and 12 injured when a time bomb exploded in Myanmar's restive Karen state on Wednesday night, an official told AFP Thursday. He said the bomb was detonated at 9pm (1430 GMT) on Wednesday as the ethnic Karen celebrated their New
Published 18 Dec, 2009 12:00am
Mexican forces kill drug lord Beltran Leyva

Mexican forces kill drug lord Beltran Leyva

Mexican security forces have killed drug lord Arturo Beltran Leyva, one of the most wanted traffickers in both Mexico and the United States, in a victory for President Felipe Calderon's war on drug cartels. Beltran Leyva, a drug lord dubbed "The Boss of B
Published 18 Dec, 2009 12:00am
Georgia demolishes Soviet memorial, angering Russia

Georgia demolishes Soviet memorial, angering Russia

Diggers tore into a Soviet World War Two memorial in Georgia on Thursday to make way for a new parliament in the former Soviet republic, angering Russia and opponents of pro-Western President Mikheil Saakashvili. Saakashvili wants parliament sessions to b
Published 18 Dec, 2009 12:00am
Record 22 candidates to contest Sri Lanka presidential polls

Record 22 candidates to contest Sri Lanka presidential polls

Sri Lanka's election commissioner on Thursday accepted a record 22 nominations for the January presidential poll, in which economic policies, and not war strategy, are expected to dominate the campaign. The candidates for the January 26 poll include incum
Published 18 Dec, 2009 12:00am
WHO to send swine flu vaccine to poor countries

WHO to send swine flu vaccine to poor countries

The World Health Organisation plans to start shipping swine flu vaccine to Azerbaijan, Afghanistan and Mongolia in the next few weeks, flu chief Keiji Fukuda said Thursday. Another 32 developing countries are in line to get the vaccine soon. The UN health
Published 18 Dec, 2009 12:00am
Needles discovered in Brazilian boy's heart

Needles discovered in Brazilian boy's heart

Brazilian doctors organised an emergency airlift Thursday for a two-year-old boy who had 42 needles inserted inside him during "black magic" rituals, after two of the slivers were discovered to be piercing his heart. The boy was flown to a specialist card
Published 18 Dec, 2009 12:00am
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