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Print - 2010-02-02
108 ASIs promoted to rank of SI

108 ASIs promoted to rank of SI

Acting Regional Police Officer Muhammad Tahir has issued orders for the promotion of 108 Assistant Sub Inspectors to the rank of Sub Inspectors, on the recommendation of the Promotion Committee. Those promoted as Sub Inspectors include 52 ASIs of Faisalab
Published 02 Feb, 2010 12:00am
Transport fare raise adds to commuters' woes

Transport fare raise adds to commuters' woes

Quarrels between the commuters and public transporters are once again on the rise as transporters have increased the fares on their own after the recent surge in the prices of petroleum products in different cities of Southern Punjab, including Multan. Pe
Published 02 Feb, 2010 12:00am
Poverty-stricken couple attempts to sell children

Poverty-stricken couple attempts to sell children

A poverty-stricken couple of Jatoi, Muzaffargarh district, presented their 3 children for sale against Rs 20,000 only, but no one turned up for the 'offer'. Police said a couple of Mukhtar Mai's native town reached at Chowk Ghanta Ghar on Monday noon and
Published 02 Feb, 2010 12:00am
Normalcy returns to Faisalabad jail

Normalcy returns to Faisalabad jail

Complete normalcy returned to Central Jail Faisalabad as all inmates Monday demonstrated discipline after calling off their protest. Inspector General of Prisons Punjab Kokab Nadeem Warriach told APP on Monday from Faisalabad he had never compromised on d
Published 02 Feb, 2010 12:00am
PMA postpones protest rally

PMA postpones protest rally

Pakistan Medical Association (Punjab Chapter) leader Dr Shahid Rao has said: "we had planned to agitate against the registration of murder cases against the doctors for their inadvertently mistake or human error and leaving the quacks unpunished."
Published 02 Feb, 2010 12:00am
Skill development programme for 432 tribal youths concluded

Skill development programme for 432 tribal youths concluded

The seventh batch of 432 tribal youth hailing from Khyber, Mohmand and Bajaur agencies have successfully completed their four month long skill development training course imparted to them by the Fata Rural Development Project (FRDP).
Published 02 Feb, 2010 12:00am
Increase in POL prices condemned

Increase in POL prices condemned

President Sialkot Chamber of Commerce and Industry (SCCI) Muhammad Ishaq Butt has expressed great concern on the increase in petroleum prices and said that it would create frustration among the masses. Talking to journalists here on Monday afternoon he sa
Published 02 Feb, 2010 12:00am
Case against police officials registered

Case against police officials registered

Sadar Police, Faisalabad, have registered a case against five police officials, including the Chief Warden of Faisalabad Central Jail, Mazher Jani, following the orders of Chief Justice of Pakistan. The case has been instituted under section 148/149/337-L
Published 02 Feb, 2010 12:00am
Legal/judicial system and corruption

Legal/judicial system and corruption

This refers to a news item appearing in the Business Recorder on January 20, 2010 with the title "Top Chinese judge jailed for life". The news report states that the Chinese court sentenced a formal top Supreme Court judge to life in prison on Tues
Published 02 Feb, 2010 12:00am
The 'victims' of Education Ministry

The 'victims' of Education Ministry

I would like to draw the attention of your readers and the authorities concerned, in Pakistan to a very sorry state of affairs that has occurred with the cultural exchange students here in China. Passing through a tough and long selection process, student
Published 02 Feb, 2010 12:00am
Disrupted link between growth rate and poverty reduction

Disrupted link between growth rate and poverty reduction

Rapid and sustainable GDP growth rate is taken as the most effective measure to reduce poverty, especially while devising a strategy to achieve Millennium Development Goals. All the developing countries had speeded up their efforts to achieve a high econo
Published 02 Feb, 2010 12:00am
The flawed advocacy of immunity

The flawed advocacy of immunity

On January 31, a leading English news daily carried a report on its front-page based on its reporter's interaction with some legal 'experts', who advocate that the remedy to the controversy over the immunity of the president "lies with the people of Pakis
Published 02 Feb, 2010 12:00am
Media under fire

Media under fire

On Friday a PML-N MPA from Faisalabad rapped the media and defended law minister Rana Sanaullah and prisons minister Abdul Ghafoor who, according to him, were 'lampooned by a private channel talk show'. The channel's entertainment programme, it was mainta
Published 02 Feb, 2010 12:00am
MPS throws up no surprise

MPS throws up no surprise

Analysing certain key variables, Business Recorder had forecast exactly two weeks before the announcement of the Monetary Policy Statement (MPS) on 30th January, 2010, that the State Bank of Pakistan (SBP) was likely to retain the discount rate at
Published 02 Feb, 2010 12:00am
UHS announces BDS annual exams results

UHS announces BDS annual exams results

The University of Health Sciences (UHS) has announced the results of Third Professional BDS annual examination. A total of 273 candidates from 5 affiliated dental colleges appeared in the exam, out of which 210 passed and 33 failed. Result of 30 candidate
Published 02 Feb, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
NH&MP foil robbery bid, seize arms

NH&MP foil robbery bid, seize arms

National Highways & Motorway Police (NH&MP) foiled an attempt of robbery on National Highway, near Lodhran and captured two dacoits including the ring leader and recovered illegal weapons. NH&MP officers Nazir Ahmad and Sajid Salim were on their routine p
Published 02 Feb, 2010 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 02 Feb, 2010 12:00am
Dictators sold out water of three rivers: Khosa

Dictators sold out water of three rivers: Khosa

Senior Advisor to Chief Minister Punjab, Sardar Zulfiqar Ali Khan Khosa on Monday said that only political governments have initiated projects of public welfare, while the dictators, sold the water of three rivers, lost one half of the country and indulge
Published 02 Feb, 2010 12:00am
The Weather

The Weather

The weather report on Monday (February 01, 2010) and the forecast for Tuesday (February 02, 2010).

Published 02 Feb, 2010 12:00am
Engro ranked leading company for CSR policies

Engro ranked leading company for CSR policies

Engro Corporation Limited (formerly Engro Chemical Pakistan Limited) has been ranked Pakistan's leading company for Corporate Social Responsibility (CSR), in the first Asian Sustainability Rating (ASR). Engro also achieved the distinction of being the onl
Published 02 Feb, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
NADRA, FAFEN sign MoU to boost citizens' registration

NADRA, FAFEN sign MoU to boost citizens' registration

In a bid to educate and motivate the citizens to get registered in national database, National Database and Registration Authority (NADRA) has decided to get the help and support of civil society. In the first stage1 NADRA signed a Memorandum of Understan
Published 02 Feb, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
KPT board inspects Port Grand Complex

KPT board inspects Port Grand Complex

The members of the Karachi Port Trust (KPT) Board of Trustees visited the Port Grand Complex and inspected this one-mile long food and entertainment facility built in the Karachi Port and now nearing completion.
Published 02 Feb, 2010 12:00am
Overseas Pakhtoons urged to promote philosophy of Bacha Khan

Overseas Pakhtoons urged to promote philosophy of Bacha Khan

NWFP Minister for Information, Transport and Inter-Co-ordination, Iftikhar Hussain, has asked the overseas Pakhtoons to promote the philosophy of "the Khudai Khidmatgar leader Fakhre Afghan Bacha Khan and Rehber-e-Tehrik Khan Abdul Wali Khan" of non-viole
Published 02 Feb, 2010 12:00am
Three LDA officials: LHC dismisses pre-arrest bail

Three LDA officials: LHC dismisses pre-arrest bail

The Lahore High Court (LHC) Chief Justice here Monday dismissed pre-arrest interim bail of three Lahore Development Authority officials involved in illegal construction of commercial building cases. The accused included Director Town Planning Hafiz Moeen-
Published 02 Feb, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 02 Feb, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 02 Feb, 2010 12:00am
6,320 kanals forestland recovered from land grabbers

6,320 kanals forestland recovered from land grabbers

The Lahore High Court (LHC) was informed here on Monday that 6320 Kanals forestland in Murree has been recovered from illegal occupants while the operation is underway for recovering rest of the land. These facts were submitted by Secretary Forest Departm
Published 02 Feb, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
Supreme Court decision: former NAB prosecutor general pleads for review

Supreme Court decision: former NAB prosecutor general pleads for review

Aggrieved following Supreme Court decision on National Reconciliation Ordinance (NRO) that contains his removal, Abdul Baseer Qureshi, Additional Prosecutor-General, National Accountability Bureau (NAB), on Monday requested the court for review of its jud
Published 02 Feb, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (February 01, 2010) and for Tuesday (February 02, 2010)
Published 02 Feb, 2010 12:00am
POL prices: PIAF urges Prime Minister to withdraw increase

POL prices: PIAF urges Prime Minister to withdraw increase

Despite cut in oil prices in the international market, the Ogra decision to make unprecedented increase in the petroleum prices is bound to push the entire industrial sector to the wall that has already been facing multiple internal and external challenge
Published 02 Feb, 2010 12:00am
Australian students visit UVAS

Australian students visit UVAS

A students delegation from the Charles Strut University, Australia, visited the City Campus of University of Veterinary and Animal Sciences (UVAS) Lahore and called upon the UVAS Vice Chancellor. The Australian students visited the different teaching depa
Published 02 Feb, 2010 12:00am
DMCs, thalassaemia centres to be set up in Punjab

DMCs, thalassaemia centres to be set up in Punjab

Pakistan Red Crescent Society (PRCS) Punjab has decided to set up disaster management cells (DMCs) and thalassemia centres in all the districts of Punjab by the end of this year. The decision was taken during a meeting of the PRCS Punjab Chapter, chaired
Published 02 Feb, 2010 12:00am
Vendors must cover entire body: CDA

Vendors must cover entire body: CDA

Directorate of Health and Services of CDA's Senior Director Dr Hassan Hurooj has said that the clothing of foods vendors must cover their entire body including arms and head while selling food items. Talking to APP here on Monday he said that the fingerna
Published 02 Feb, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
Cultural show held at FJWU

Cultural show held at FJWU

The Students of Gender Studies Department at Fatima Jinnah Women University (FJWU) on Monday presented a Cultural Show and highlighted the role of women in the four provinces of the country through folk tales. The show was organised as part of the final p
Published 02 Feb, 2010 12:00am
Anthology on Sufism published

Anthology on Sufism published

An anthology on Sufism 'Kuliyat-e-Qudsi' by a renowned Sufi siant and poet Qalandar-i-Zaman Asadur Rahman Qudsi has been published from Astan-e-Qudsi Bhaun (Chatwal). The anthology carries a collection of Urdu and Persian poems on Sufism and has become mo
Published 02 Feb, 2010 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
Increase in export of vegetables, fruits in first half 2010 observed

Increase in export of vegetables, fruits in first half 2010 observed

An increase of 117.54 per cent in the export of vegetables and 68.69 per cent in fruits have been observed during the first half of the current fiscal year 2009-10. According to a report by the statistical department, during the period June 2009 to Decemb
Published 02 Feb, 2010 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
Mystery deepens over Hakimullah's 'death'

Mystery deepens over Hakimullah's 'death'

Mystery deepened over the fate of Taliban leader Hakimullah Mehsud on Monday following fresh reports of his death as his militant faction promised he would appear alive in a video. US missile attacks have repeatedly targeted Mehsud, the head of Pakistan's
Published 02 Feb, 2010 12:00am
'BISP moving from social safety to social protection system'

'BISP moving from social safety to social protection system'

The Benazir Income Support Programme (BISP) is moving from social safety to social protection system by providing interest-free loans, health insurance and technical training to the poorest families, said Federal Minister/ Chairperson BISP Farzana Raja.
Published 02 Feb, 2010 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
450 international companies to participate in exposition Pakistan 2010

450 international companies to participate in exposition Pakistan 2010

Almost 450 leading importers from 40 countries across the glob would participate in the Expo Pakistan 2010, to be held here from February 26 to 28 at Karachi Expo Centre. Over 450 of international companies/buyers have showed their interest in the forth c
Published 02 Feb, 2010 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
Revenue losses for not rolling out PaCCS amount to over Rs 47 billion

Revenue losses for not rolling out PaCCS amount to over Rs 47 billion

Revenue losses for not rolling out Pakistan Automated Customs Computerised System (PaCCS) in Karachi at airport, air freight unit, appraisement and Port Qasim collectorate are estimated to be over Rs 47.65bn (Rs 47,658,941,906.75), according to authentic
Published 02 Feb, 2010 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
During six months: CDGK declares KBCA approved plans illegal

During six months: CDGK declares KBCA approved plans illegal

All building plans approved by Karachi Building Control Authority (KBCA) during last six months have been declared illegal by City District Government Karachi (CDGK). According to a press release issued by CDGK on Monday, the KBCA, in violation of the rul
Published 02 Feb, 2010 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
Al Meezan launches Shariah compliant fund

Al Meezan launches Shariah compliant fund

Al Meezan Investment Management Ltd (Al Meezan) has announced the launch of country's first Shariah Compliant Government Securities Fund - Meezan Sovereign Fund (MSF). The fund will be available for initial public subscription from February 10, 2010 to Fe
Published 02 Feb, 2010 12:00am
Al Meezan launches Shariah compliant fund

Al Meezan launches Shariah compliant fund

Al Meezan Investment Management Ltd (Al Meezan) has announced the launch of country's first Shariah Compliant Government Securities Fund - Meezan Sovereign Fund (MSF). The fund will be available for initial public subscription from February 10, 2010 to Fe
Published 02 Feb, 2010 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 16th January, 2010.

Published 02 Feb, 2010 12:00am
Millers ask government to check sugar hoarding, smuggling to Afghanistan

Millers ask government to check sugar hoarding, smuggling to Afghanistan

The sugar millers have asked the government to keep an eye on the movement of sugar to check hoarding of the white refined sugar in the country and its smuggling to Afghanistan. According to Pakistan Sugar Mills Association (PSMA), the millers had decided
Published 02 Feb, 2010 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 16th January, 2010.

Published 02 Feb, 2010 12:00am
PTCL offering 30 percent discount package for students

PTCL offering 30 percent discount package for students

Pakistan Telecommunication Company Limited (PTCL) is offering a special 30 percent discount package for the students on 1 Mbps connection of high speed broadband services. The PTCL is providing better services to the growing student segment under the broa
Published 02 Feb, 2010 12:00am
Insurance industry: SECP wants to introduce 'Fit and Proper Criteria'

Insurance industry: SECP wants to introduce 'Fit and Proper Criteria'

The Securities and Exchange Commission of Pakistan (SECP) is considering to introduce 'Fit and Proper Criteria' for insurance companies to ensure that such companies must be run by competent executives with adequate know-how of insurance business.
Published 02 Feb, 2010 12:00am
Barclays inaugurates first branch in NWFP

Barclays inaugurates first branch in NWFP

Barclays Bank PLC, Pakistan inaugurated its first branch in NWFP; the branch is in the premises of Pakistan Tobacco Company (PTC), located at Akora Khattak. Nicholas Hales, Managing Director and CEO, Pakistan Tobacco Company performed the inauguration cer
Published 02 Feb, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
US and Pakistani officials believe Mehsud is dead: report

US and Pakistani officials believe Mehsud is dead: report

Pakistani and US officials are increasingly convinced that the leader of the Taliban, Hakimullah Mehsud, who was behind the suicide attack on a CIA base in Afghanistan in December, had died from wounds sustained in a drone strike, The New York Times repor
Published 02 Feb, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 01, 2010).

Published 02 Feb, 2010 12:00am
Punjab Assembly demands suspension of diplomatic ties with Norway

Punjab Assembly demands suspension of diplomatic ties with Norway

The Punjab Assembly on Monday unanimously passed a resolution that strongly condemned the publication of a blasphemous caricature of Holy Prophet Muhammad (PBUH) in a Norwegian newspaper 'Aften Posten' and demanded complete suspension of diplomatic ties w
Published 02 Feb, 2010 12:00am
Mushahid for initiating process of composite dialogue with India

Mushahid for initiating process of composite dialogue with India

General Secretary of PML (Q) Mushahid Hussain Syed has stressed the need of initiating the process of composite dialogue between Pakistan and India for resolution of all problems including all problems including Kashmir and to maintain long lasting peace
Published 02 Feb, 2010 12:00am
Rawalpindi bar team meets LHC Chief Justice

Rawalpindi bar team meets LHC Chief Justice

Delegations of Rawalpindi and Burewala district bar associations called on Chief Justice Lahore High Court Khawaja Muhammad Sharif here on Monday and discussed different matters regarding subordinate judiciary. Delegation of Rawalpindi bar association was
Published 02 Feb, 2010 12:00am
THE RUPEE: dollar marginally up

THE RUPEE: dollar marginally up

Mixed trend was seen on the local currency market on Monday as dollar demand was persistent due to higher payments of oil bills, marketmen said The rupee shed against dollar two paisa at 85.07 and 85.12 for buying and selling, they said. In the first Asi
Published 02 Feb, 2010 12:00am
Islamic movements worldwide appealed to raise voice for Kashmiris

Islamic movements worldwide appealed to raise voice for Kashmiris

Jamaat-i-Islami (JI) chief, Syed Munawar Hasan, has appealed to the Islamic movements all-over the world to raise their voice in support of the oppressed Kashmiris and observe Kashmir Solidarity day on February 5 in their respective countries.
Published 02 Feb, 2010 12:00am
THE RUPEE: dollar marginally up

THE RUPEE: dollar marginally up

Mixed trend was seen on the local currency market on Monday as dollar demand was persistent due to higher payments of oil bills, marketmen said The rupee shed against dollar two paisa at 85.07 and 85.12 for buying and selling, they said. In the first Asi
Published 02 Feb, 2010 12:00am
IFC and AKF sign agreement to upgrade SMOs

IFC and AKF sign agreement to upgrade SMOs

The International Finance Corporation (IFC,) a member of the World Bank Group, has signed an agreement with the Aga Khan Foundation (Pakistan) (AKF(P)), an agency of the Aga Khan Development Network (AKDN) to support the growth of Small and Medium Organis
Published 02 Feb, 2010 12:00am
Growers slam increase in POL products prices

Growers slam increase in POL products prices

Various growers' organisations sharply reacting to the increase in the prices of the petroleum products have said it will not only increase the cost of production but also the prices of agri-commodities for the common people.
Published 02 Feb, 2010 12:00am
Call for release of fishermen arrested by Balochistan Levies

Call for release of fishermen arrested by Balochistan Levies

Fishermen on Monday appealed to the government to take notice of the arrest of Karachi's fishermen and confiscation of their fishing boats allegedly by the Balochistan Levies. President Bona Fide Fishermen and Boat Owners Welfare Association, Asif Bhatti
Published 02 Feb, 2010 12:00am