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Print - 2010-03-04
View Point: Of friends and foes

View Point: Of friends and foes

Unlike the welcome accorded to our leaders, Saudi government rolled out a special red carpet for Indian Prime Minister Manmohan Singh when he arrived in Riyadh for a three-day visit last week. The entire Saudi cabinet was lined up at the airport to greet
Published 04 Mar, 2010 12:00am
The 'kunda' culture

The 'kunda' culture

Given rampant power outages many of us must have missed watching live on our TV sets the 'kunda' electricity theft operation that was in progress Monday night to illuminate a PML (N) by-election rally in Lahore. The venue of the rally was lit bright as th
Published 04 Mar, 2010 12:00am
Agricultural lending: promise of incentives can entice banks

Agricultural lending: promise of incentives can entice banks

Governor State Bank of Pakistan Salim Raza has prodded banks to revisit their lending mechanisms to the agricultural sector through the launch of innovative products and adoption of international best practices. The frustration of the Governor with regard
Published 04 Mar, 2010 12:00am
'Punjab most attractive investment destination in the world'

'Punjab most attractive investment destination in the world'

The province of Punjab is one of the most attractive business destinations in the world because of 100 percent foreign ownership, the easiest business start-up and for having one of the largest consumer base in the region. This was the crux of the present
Published 04 Mar, 2010 12:00am
Millat Tractors lucky draw

Millat Tractors lucky draw

Millat Tractors Limited held a lucky draw at its head office for the farmers who booked their Millat Tractor as part of the Benazir Tractor Scheme. The ceremony was attended by prominent Millat dealers as well as farmers. The CEO of Millat Tractors Limite
Published 04 Mar, 2010 12:00am
2,512 Pakistanis imprisoned in nine countries

2,512 Pakistanis imprisoned in nine countries

A total of 2,512 Pakistani nationals are in prison in nine countries, said a report submitted by the Foreign Office with Supreme Court. The report was submitted by the concerned Office on the directive of the apex Court, which is seized with hearing of a
Published 04 Mar, 2010 12:00am
Seminar on 'Good Governance in Educational Institutions' held

Seminar on 'Good Governance in Educational Institutions' held

Vice Chancellor University of Sindh Professor Dr Nazir Mughal has said that good governance opens new intellectual space and it is essential for educational institutions for peace and progress and urged that time has come that every one have to play its d
Published 04 Mar, 2010 12:00am
Punjab University IQTM holds seminar on 'Industrial Engineering'

Punjab University IQTM holds seminar on 'Industrial Engineering'

Punjab University Institute of Quality and Technology Management (IQTM) in collaboration with American Society of Mechanical Engineering (ASME) organised a seminar on 'Industrial Engineering - Local and Global Perspective. Industrial engineers from well-r
Published 04 Mar, 2010 12:00am
Punjab government striving to ensure gender equality

Punjab government striving to ensure gender equality

With a view to achieving the objective of gender equity leading to equality, the Punjab government is striving for mainstreaming gender issues in its operations. This was revealed by the speakers while addressing a day-long workshop on the topic of "Gende
Published 04 Mar, 2010 12:00am
Integrated communications sector vital for unity, prosperity: minister

Integrated communications sector vital for unity, prosperity: minister

The Federal Minister for Communications, Dr Arbab Alamgir, has said that an integrated communications sector would ensure national prosperity and unity. "It is top priority of the present government to complete all development projects under NHA, accordin
Published 04 Mar, 2010 12:00am
Skype, Nokia jointly announce Skype release for Symbian

Skype, Nokia jointly announce Skype release for Symbian

Skype and Nokia on Wednesday jointly announced the release of Skype for Symbian, a Skype client for Nokia smartphones based on the Symbian platform, the world's most popular smartphone platform. Skype for Symbian will allow Nokia smartphone users world-wi
Published 04 Mar, 2010 12:00am
Professor MA Khan's death condoled

Professor MA Khan's death condoled

Government College University Lahore Vice Chancellor Dr Khalid Aftab has expressed grief over the sad demise of Professor MA Khan, a noted educationist and former principal of the Government College Lahore. The vice chancellor lauded the services of Profe
Published 04 Mar, 2010 12:00am
Cardiology, Urology & Transplants Institutes planned

Cardiology, Urology & Transplants Institutes planned

In pursuance of directions of Punjab Chief Minister, the provincial government is setting up Institute of Cardiology and Institute of Urology & Transplants in Rawalpindi at a total cost of Rs 5639.832 million. It was informed in a meeting chaired by the S
Published 04 Mar, 2010 12:00am
Tributes paid to victims of attack on Sri Lankan cricket team

Tributes paid to victims of attack on Sri Lankan cricket team

A memorial ceremony in connection with the first anniversary of the attack on the Sri Lankan cricket team was held here at Liberty roundabout on Wednesday. A delegation of Pakistan Cricket Board (PCB) led by its Chief Operating Officer (COO) Wasim Bari an
Published 04 Mar, 2010 12:00am
Saudi health ministry team visits UHS

Saudi health ministry team visits UHS

With a view to explore the possibility of entering into partnership with medical institutions of the Pakistan, a two-member delegation of Saudi health ministry visited the University of Health Sciences (UHS) on Wednesday. The delegation was headed by Qasi
Published 04 Mar, 2010 12:00am
Wasim extols Mobilink's 'Hunt for Heroes Programme'

Wasim extols Mobilink's 'Hunt for Heroes Programme'

Former skipper of Pakistan Cricket Team Wasim Akram has praised Mobilink's Hunt for Heroes Programme, which in association with Pakistan Cricket Board (PCB) is playing a great role in grooming and polishing the young talent of Pakistan. He said this while
Published 04 Mar, 2010 12:00am
International Oil and Gas Show Asia-2010 from March 27

International Oil and Gas Show Asia-2010 from March 27

Hamriyah Free Zone Authority, Sharjah, UAE, for the first time showed interest to promote itself in the 7th International Oil and Gas Exhibition Asia 2010, in conjunction with ITIF Asia 2010 to be held from March 27 to 29, 2010 at Karachi Expo Center. The
Published 04 Mar, 2010 12:00am
ABL proposes opening of its branch at Sindh University campus

ABL proposes opening of its branch at Sindh University campus

Allied Bank Limited (ABL) has proposed opening up of its branch at Allama I.I.Kazi Campus Jamshoro, University of Sindh to provide banking services to the university students, faculty members and other staff. A meeting was held in this regard here on Wedn
Published 04 Mar, 2010 12:00am
'Trade relations between Pakistan and Nepal not well-established'

'Trade relations between Pakistan and Nepal not well-established'

Economic and trade relations between Pakistan and Nepal are not as warm, cordial and well-established as both the countries are closely tied diplomatically. Pakistan should transfer technology and enhance trade with Nepal entering into an agreement of dut
Published 04 Mar, 2010 12:00am
The Weather

The Weather

The weather report on Wednesday (March 03, 2010) and the forecast for Thursday (March 04, 2010).

Published 04 Mar, 2010 12:00am
Fresh complaint against Latif Khosa filed with PBC

Fresh complaint against Latif Khosa filed with PBC

A fresh complaint against former Attorney General (AG) Sardar Latif Khosa alleging unethical practices, ie taking money to 'get decision of choice' from the Supreme Court was filed with Pakistan Bar Council (PBC) here on Wednesday. Malik Qamar uz Zaman su
Published 04 Mar, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (March 03, 2010).

Published 04 Mar, 2010 12:00am
Gilani seeks Norwegian investment in various sectors

Gilani seeks Norwegian investment in various sectors

Prime Minister Syed Yusuf Raza Gilani wants the Norwegian government to encourage its major companies in the oil and gas, petroleum, chemicals, pharmaceuticals, fertilisers as well as iron and steel sectors to invest in Pakistan independently or through j
Published 04 Mar, 2010 12:00am
Political activists join hands with NDA

Political activists join hands with NDA

Political activists of different political parties of the district Swat have joined hands with non-political National Democratic Alliance (NDA) in struggle against corruption, lawlessness and poor law and order situation. The announcement in this regard w
Published 04 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 04 Mar, 2010 12:00am
Engineering industry calls for establishing materials bank

Engineering industry calls for establishing materials bank

The engineering industry on Wednesday asked to establish materials bank for timely supply of engineering raw materials to industry. In a meeting held here it was observed that engineering industry was meeting its raw material needs mostly through imports,
Published 04 Mar, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 04 Mar, 2010 12:00am
Landline customers get new PTCL tariff offer

Landline customers get new PTCL tariff offer

Pakistan Telecommunication Company Ltd (PTCL) has introduced an amazing tariff for its wireline subscribers which would enable the subscribers to call anywhere in Pakistan at Rs 1 per minute to any PTCL landline and Vfone. Not only this, customers are als
Published 04 Mar, 2010 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (March 03, 2010).

Published 04 Mar, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (March 03, 2010).

Published 04 Mar, 2010 12:00am
Illegal postings, promotions rampant in Railways

Illegal postings, promotions rampant in Railways

Illegal postings, transfers and promotions are rampant in Pakistan Railways, Karachi Division, it is learnt. Despite a clear ban on the postings/transfers of officers and staff, imposed by the competent authority of Pakistan Railways through a notificatio
Published 04 Mar, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (March 03, 2010) and for Thursday (March 04, 2010)
Published 04 Mar, 2010 12:00am
Senator for cut in markup rates

Senator for cut in markup rates

President Pakistan Muslim League Like Minded Group, Senator Salim Saifullah has emphasised the need of reducing markup rates on Wednesday at a meeting of Karachi Chamber of Commerce and Industry (KCCI). He informed that markup rates are not more than 2 to
Published 04 Mar, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (March 03, 2010).

Published 04 Mar, 2010 12:00am
Japanese girls' day lecture held

Japanese girls' day lecture held

The Japan Cultural Centre of the Consulate General of Japan, Karachi held the Japanese Girls' Day Lecture co-organised with WAVE (War against Violation Education), an educational NGO, on Wednesday at Japan Cultural Centre. In Japan, on March 3, the Girls'
Published 04 Mar, 2010 12:00am
Tobacco growers urged to take precautionary steps

Tobacco growers urged to take precautionary steps

Pakistan Tobacco Board (PTB) has urged growers for taking precautionary measures for protecting their fields and nursery sites from damages. According to a press release issued here on Wednesday, the board said that soil preparation for tobacco plantation
Published 04 Mar, 2010 12:00am
Smeda starts promotion drive for traditional clusters in NWFP

Smeda starts promotion drive for traditional clusters in NWFP

The Small & Medium Enterprises Development Authority (Smeda) has launched initiative for promotion of least developed traditional clusters of North-West Frontier Province (NWFP). In this connection, Smeda, NWFP chapter, held a one-day workshop on 'Cluster
Published 04 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 03, 2010).

Published 04 Mar, 2010 12:00am
Participants of NMC visit Pakistan Post

Participants of NMC visit Pakistan Post

Participants of the 92nd National Management Course (NMC) comprising senior civil officers from various occupational groups including faculty members and Lieutenant General Javed Hassan (Retd), Rector, National School of Public Policy, Lahore visited Paki
Published 04 Mar, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 03, 2010).

Published 04 Mar, 2010 12:00am
'Punjab promoting good governance'

'Punjab promoting good governance'

Senior Advisor to Chief Minister, Sardar Zulfiqar Ali Khan Khosa has said that present government is promoting good governance in the province while transparent utilisation of each penny is being ensured. He said this during a meeting with 6-member delega
Published 04 Mar, 2010 12:00am
NUST seminar today

NUST seminar today

NUST Centre for Career Counselling and Advisory (NUST-C3A) is holding a seminar on Emotional Intelligence on Thursday (today), at SCEE auditorium, H-12, Islamabad. Rector NUST Lieutenant General Engineer Muhammad Asghar will be the chief guest on the occa
Published 04 Mar, 2010 12:00am
THE RUPEE: dollar lower

THE RUPEE: dollar lower

The rupee managed to gain sharply against dollar, it, however, failed to retain its gains versus euro on the local currency market on Wednesday, exports said. On the interbank market the rupee recovered eight paisa at 85.00 versus dollar for buying and ga
Published 04 Mar, 2010 12:00am
One day workshop on 'Youth Entrepreneurship'

One day workshop on 'Youth Entrepreneurship'

One day training workshop on "Youth Entrepreneurship" organised jointly by the University of Sindh, its Faculty of Commerce and Business Administration, Small and Medium Enterprises Development Authority (SMEDA) Government of Pakistan, Ministry of Sports
Published 04 Mar, 2010 12:00am
THE RUPEE: dollar lower

THE RUPEE: dollar lower

The rupee managed to gain sharply against dollar, it, however, failed to retain its gains versus euro on the local currency market on Wednesday, exports said. On the interbank market the rupee recovered eight paisa at 85.00 versus dollar for buying and ga
Published 04 Mar, 2010 12:00am
Government committed to ensuring basic needs of life: Prime Minister

Government committed to ensuring basic needs of life: Prime Minister

Prime Minister Syed Yousuf Raza Gilani said that the government is committed to ensure the basic needs of life and food security to the people. He further said that fulfilment of basic amenities of life is a prerequisite to a prosperous future.
Published 04 Mar, 2010 12:00am
Special powers to Rangers extended up to April 3

Special powers to Rangers extended up to April 3

Sindh government on Wednesday extended, for another one month till April 3, 2010, the special powers to Pakistan Rangers, allowing the paramilitary force to shoot on sight and carry out house searches to arrest suspected person, without arrest warrants, a
Published 04 Mar, 2010 12:00am
Eight dacoits arrested, valuables and cash recovered

Eight dacoits arrested, valuables and cash recovered

CIA Staff Islamabad (Property Wing) has arrested eight accused of a gang involved in various incidents of dacoity, theft and also recovered gold ornaments, foreign currency worth hundreds of thousands of rupees, mobile phones and illegal weapons used in t
Published 04 Mar, 2010 12:00am
DCO orders anti-encroachment drive

DCO orders anti-encroachment drive

District Co-ordination Officer (DCO), Syed Ali Murtuza has directed administrators of four towns of the city to launch a drive to remove all encroachments. According to official sources, he directed officers to impose fine on those occupying the state lan
Published 04 Mar, 2010 12:00am
Tariq Chattha made general manager FESCO

Tariq Chattha made general manager FESCO

Tariq Mehmood Chattha Chief Engineer/Operation Director FESCO Faisalabad has been promoted as General Manager. He has joined Wapda as junior engineer in 1976 and served on different post as XEN and SE. He was promoted as Chief Engineer in 2009. However, n
Published 04 Mar, 2010 12:00am
52 flour mills in Balochistan suspend wheat grinding

52 flour mills in Balochistan suspend wheat grinding

About 52 flour mills located in different districts of Balochistan have suspended pulverising the wheat as they are not being supplied the commodity in adequate quantity. Sources in the Flour mills Association told APP here on Wednesday that Balochistan b
Published 04 Mar, 2010 12:00am
Islamabad TIC converted into 'Tourist Facilitation Centre'

Islamabad TIC converted into 'Tourist Facilitation Centre'

Pakistan Tourism Development Corporation (PTDC) has planned to convert its Islamabad Tourism Information Centre (TIC) into 'Tourist Facilitation Centre' to serve the tourists in a more effective manner. The Facilitation Centre, equipped with telephone, fa
Published 04 Mar, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (March 03, 2010).

Published 04 Mar, 2010 12:00am
AWAM, TFD organise training

AWAM, TFD organise training

Association of Women for Awareness and Motivation (AWAM) in collaboration with Taiwan Foundation for Democracy (TFD) organised a two days training of trainers titled "Education for Democracy and Human Rights" at Centre for Peace and Harmony in Faisalabad.
Published 04 Mar, 2010 12:00am
PAC directs Health Ministry to ban venom export

PAC directs Health Ministry to ban venom export

The subcommittee of Public Accounts Committee on Wednesday directed the Health Ministry to put a ban on venom export, what the Secretary, Health said, the concerned firms have started, knowing the extraction method and its heavy price in international mar
Published 04 Mar, 2010 12:00am
Growers to get 10,000 more tractors by June: Gondal

Growers to get 10,000 more tractors by June: Gondal

Federal Minister for Food and Agriculture Nazar Muhammad Gondal on Wednesday said that government would provide 10,000 more tractors to the growers to enhance agricultural productivity across the country. Talking to APP here, the minister said that under
Published 04 Mar, 2010 12:00am
TMA challenges TDAP's towel export data

TMA challenges TDAP's towel export data

Towel Manufacturers Association of Pakistan (TMA) has contested the export data about towel exports, released by Trade Development Authority of Pakistan (TDAP), but did not give its own export figures. In a statement here on Wednesday, chairman, TMA Waqar
Published 04 Mar, 2010 12:00am
Emaar projects progressing at steady pace in Karachi

Emaar projects progressing at steady pace in Karachi

Emaar Pakistan, the country subsidiary of Emaar Properties PJSC- developer of the world's tallest building Burj Khalifa, is progressing at a very steady pace on its projects in Karachi and has already handed over the first batch of Mirador villas to its c
Published 04 Mar, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Mar, 2010 12:00am
Dell's first Centre of Excellence in Karachi

Dell's first Centre of Excellence in Karachi

Dell inaugurated its first state of art showroom (Centre Of Excellence) in Karachi. Managing Director South Asian Growing Economies Ali Jaleel and Managing Director South Asian Developing Markets Varinderjit Singh were also present on the occasion. They s
Published 04 Mar, 2010 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 04 Mar, 2010 12:00am
Eastern Mediterranean Region: WHO declares SIUT its collaborating centre

Eastern Mediterranean Region: WHO declares SIUT its collaborating centre

The 2nd International Paediatric Urology workshop was inaugurated at the Sindh Institute of Urology and Transplantation (SIUT) on Wednesday. Speaking on the occasion as chief guest, Dr Khalfe Bille, a representative of World Health Organisation (WHO), pra
Published 04 Mar, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Mar, 2010 12:00am
OICCI survey shows deteriorating law & order situation

OICCI survey shows deteriorating law & order situation

A majority of 67 percent respondents of a survey, conducted by Overseas Investors Chamber of Commerce and Industry (OICCI), showed that the law and order situation in the country has worsened from 2008, badly affecting the country's economy.
Published 04 Mar, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 04 Mar, 2010 12:00am
KSE approves listing, quotation of FFCL shares

KSE approves listing, quotation of FFCL shares

The Karachi Stock Exchange (KSE) has approved the application for formal listing and quotation of shares of Fatima Fertiliser Company Limited (FFCL) on the completion of all formalities required under the Listing Regulation of the exchange. On Wednesday n
Published 04 Mar, 2010 12:00am
'Eradication of poverty a top priority'

'Eradication of poverty a top priority'

Chief Minister of Punjab Shahbaz Sharif has said eradication of poverty and unemployment is the top priority of the Punjab government. Politics of corruption, plunder and opportunism would be ended as soon as possible. The PML-N workers should prepare the
Published 04 Mar, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 Mar, 2010 12:00am
LSE approves NetSol's listing, quotation

LSE approves NetSol's listing, quotation

The Lahore Stock Exchange (LSE) has approved the listing and quotation of the NetSol Technologies Limited shares whose trading would start from March 8, 2010. According to the Exchange's circular issued here on Wednesday, the company will be quoted under
Published 04 Mar, 2010 12:00am
Workshop on Shisham trees today

Workshop on Shisham trees today

Punjab forest department is organising a two-day workshop on prevention of diseases among 'Shisham' trees from March 4 to 5 in the provincial metropolis. Experts from Saarc countries including India, Bangladesh, Sri Lanka, Bhutan, Nepal and Pakistan would
Published 04 Mar, 2010 12:00am
'Fresh medical graduates to be enrolled in world universities'

'Fresh medical graduates to be enrolled in world universities'

Punjab Chief Minister, Shahbaz Sharif has said that medical graduates can be of no benefit to the country unless they help provide modern treatment facilities to the poor masses of far-flung and backward areas. He said that doctors should serve the ailing
Published 04 Mar, 2010 12:00am
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