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Print - 2010-05-09
Costa Rica's first female president takes office

Costa Rica's first female president takes office

Laura Chinchilla became Costa Rica's first female president Saturday, taking the oath of office in an open-air public ceremony with thousands of supporters cheering her on. The new president swore to uphold Costa Rica's constitution and accepted the presi
Published 09 May, 2010 12:00am
Pervaiz gets 'Muhafiz-e-Lahore' award

Pervaiz gets 'Muhafiz-e-Lahore' award

The Regional Standing Committee of FPCCI's on Law & Order here on Saturday conferred 'Muhafiz-e-Lahore' award to CCPO Lahore, Mohammad Pervaiz Rathore in recognition of his services for security of people. A meeting of the Regional Standing Committee of F
Published 09 May, 2010 12:00am
Petition filed against levy of luxury tax in Supreme Court

Petition filed against levy of luxury tax in Supreme Court

A constitutional petition has been filed before the Supreme Court again challenging levy of "Luxury Tax" on imported vehicles, after removing objections raised by registrar office of the apex court. The petition was filed by Dada Enterprises (pvt) Limited
Published 09 May, 2010 12:00am
PML-Q flays government for anti-people policies

PML-Q flays government for anti-people policies

Pakistan Muslim League-Q senior leader and former Punjab Chief Minister Chaudhry Pervaiz Elahi Saturday said Punjab government has failed in providing protection to the minorities. He was talking to delegations of Muttahida Jamiat Ahle Hadith Pakistan and
Published 09 May, 2010 12:00am
PEF announces QAT result for EVS

PEF announces QAT result for EVS

Punjab Education Foundation (PEF) has announced the result of Quality Assurance Test (QAT) held to select partner schools in Lahore and Kasur for phase-6 of Education Voucher Scheme (EVS). PEF is already providing vouchers to 12000 deserving children of s
Published 09 May, 2010 12:00am
Lahore gets heavy rain in wee hours

Lahore gets heavy rain in wee hours

The provincial capital received heavy rain in the wee hours of Saturday, which provided much needed relief to the people from sizzling heat. According to the Pakistan Meteorological Department Lahore, the city received 4.2 mm of rain, which only lasted fo
Published 09 May, 2010 12:00am
Wasim files application to obtain succession certificate

Wasim files application to obtain succession certificate

Former cricketer Wasim Akram has filed an application in a local civil court to obtain "succession certificate" to use moveable assets of his deceased wife, Huma Wasim. The cricketer also filed a "declaration suit" to get his wife's immovable assets trans
Published 09 May, 2010 12:00am
Puzzled, but still hopeful

Puzzled, but still hopeful

There is no doubt that Pakistan cricket team is the most compelling one, but it is struggling to find direction. It has been unpredictable and extraordinary when it plays as "a unit" because its players have the potential and talent to plague any opponent
Published 09 May, 2010 12:00am
Two years of governance

Two years of governance

The last two years of governance were indeed a rough ride for the government. The challenges that it inherited were formidable and intractable that required prophetic vision, unswerving political will, rock solid commitment and honesty of purpose to deal
Published 09 May, 2010 12:00am
Gaza smokers forced to cough up as Hamas seeks cash

Gaza smokers forced to cough up as Hamas seeks cash

Gazans are trapped in their overcrowded strip by an Israeli blockade and are still struggling with the aftermath of war, but their anger today is directed at the Hamas rulers for taxing their smokes. Many see the new tax imposed on cigarettes smuggled fro
Published 09 May, 2010 12:00am
VAT implementation

VAT implementation

VAT or GST in VAT mode is normally implemented either in robust or sustained economies, but fortunately or unfortunately Pakistan is in economic laboratory of the IMF which is in a process of experimenting about the fact that what will going to happen if
Published 09 May, 2010 12:00am
Reviving MMA

Reviving MMA

A meeting of the components of the Muttahida Majlis-i-Amal (MMA) was hosted by JUI-F chief Maulana Fazlur Rehman on Thursday. Of late, Fazlur Rehman has been advocating the revival of a religious alliance, which is presently dysfunctional. Speaking at the
Published 09 May, 2010 12:00am
Financing of SMEs

Financing of SMEs

On Thursday, the 6th of May, 2010, State Bank of Pakistan took yet another step to facilitate the flow of finance to the Small and Medium Enterprises (SMEs). It decided to enhance the scope of its refinance facility for modernisation of SMEs to cover a wi
Published 09 May, 2010 12:00am
Trade laws to be improved in consultation with business community: Fahim

Trade laws to be improved in consultation with business community: Fahim

Federal Minister for Commerce, Makdoom Amin Fahim has said that trade laws will be improved in consultations with business community. Addressing the members of Karachi Chamber of Commerce and Industry (KCCI) here on Friday he said, "Government will move f
Published 09 May, 2010 12:00am
PGJDC organises 'Gem Bazaar' in Quetta

PGJDC organises 'Gem Bazaar' in Quetta

Pakistan Gems and Jewellery Development Company (PGJDC) organised a two-day 'Gem Bazaar' in Quetta at its Gem Exchange at Jamiatrai Road, opposite to Rahat Cinema. The bazaar was inaugurated by Abdul Rehman Mengal, Provincial Minister for Mines & Minerals
Published 09 May, 2010 12:00am
Nato urged to pay Rs 30 billion as compensation for road use

Nato urged to pay Rs 30 billion as compensation for road use

The National Highway Authority (NHA) has urged the North Atlantic Treaty Organisation (Nato) command in Afghanistan to pay Rs 30 billion as compensation for road usage in Pakistan by the Nato containers and tankers, Business Recorder has learnt rel
Published 09 May, 2010 12:00am
PIDE survey shows majority expecting rise in inflation rate

PIDE survey shows majority expecting rise in inflation rate

Majority of people expect higher inflation than the current year target of 9 percent as consumer prices will rise more rapidly in the months to come. However, low interest rate is better for the economy and current government policies are not sufficient t
Published 09 May, 2010 12:00am
Wajih administers oath to KUJ (Dastoor) office-bearers

Wajih administers oath to KUJ (Dastoor) office-bearers

Former Justice Supreme Court Wajihuddin Ahmed has said enforcement of basic labour laws in the country is responsibility of the federal and provincial governments. He was speaking at the oath taking ceremony of newly elected members of Karachi Union of Jo
Published 09 May, 2010 12:00am
Sindh government clarification

Sindh government clarification

The Hyderabad-Mirpurkhas dual carriageway project is the first infrastructure road public-private partnership (PPP) project in Pakistan that would take time to structure and implement it. A spokesman of Sindh Finance Department has clarified the story pub
Published 09 May, 2010 12:00am
No plan to shut PSM: Bijarani

No plan to shut PSM: Bijarani

Rejecting media reports about the closure of Pakistan Steels Mill (PSM) for six months to one year, Federal Minster for Industries and Production Mir Hazar Khan Bijarani on Saturday said the government would soon announce a bailout package for the plant.
Published 09 May, 2010 12:00am
'Provision of modern transport facilities is priority of government'

'Provision of modern transport facilities is priority of government'

Chief Minister Punjab Shahbaz Sharif has said that provision of modern, comfortable and affordable transport facilities to the people and quick and efficient disposal of garbage and waste from cities is the top priority of the government. He said for this
Published 09 May, 2010 12:00am
Supreme Court urged to take notice of rulers' corruption

Supreme Court urged to take notice of rulers' corruption

Jamaat e Islami chief Syed Munawar Hasan, has urged the Supreme Court to take notice of the rulers' massive corruption in the light of the Transparency International's report. Talking to different delegations at Mansoora, on Saturday, he said scandals of
Published 09 May, 2010 12:00am
Food department officials suspended

Food department officials suspended

In charge Waryam Wala Procurement Center (Jhang) Assistant Food Controller (AFC) Nazir Ali Gohar and Food Inspector Sheikh Muhammad Azam have been suspended by the higher authorities of the provincial food department on the charges of procuring wheat in g
Published 09 May, 2010 12:00am
Senator Haseeb's book 'Pakistan Kay Hakim' launched

Senator Haseeb's book 'Pakistan Kay Hakim' launched

Senator Abdul Haseeb Khan has said that government should make policies with the consultation of businessmen because without consultation with the business community and investors it is difficult to make investor-friendly policy. He also said that in the
Published 09 May, 2010 12:00am
Pakistan in process of getting power from Iran: managing director Pepco

Pakistan in process of getting power from Iran: managing director Pepco

Managing Director Pakistan Electric Power Company (Pepco), Tahir Basharat Cheema has said Pakistan is in the process of getting power from Iran but it is difficult to negotiate with Iranian bureaucracy. He further stated that 1100MW of electricity has bee
Published 09 May, 2010 12:00am
SNGPL, SSGC to replace 300km of distribution lines

SNGPL, SSGC to replace 300km of distribution lines

Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC) are implementing programmes to reduce gas losses in distribution and both companies are replacing 300 km of distribution lines each year. However, at this rate, it will
Published 09 May, 2010 12:00am
Payment of honoraria to NAB employees clarified

Payment of honoraria to NAB employees clarified

Payment of allowances and honoraria to the NAB employees is not unprecedented as employees of many public sectors or semi-government organisations are being given award money for their recoveries. Pakistan Telecommunication Authority (PTA), the Oil and Ga
Published 09 May, 2010 12:00am
Five Supreme Court benches, Shariat Appellate bench constituted

Five Supreme Court benches, Shariat Appellate bench constituted

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry has constituted five benches besides a larger bench and a Shariat Appellate bench for the next week starting from May 10 at the Principal seat Islamabad to hear a number of cases.
Published 09 May, 2010 12:00am
Power looms workers slam industry's crises

Power looms workers slam industry's crises

A motorcycle rally was taken out by the workers of power looms from Manzoor Abad Chowk to Multan Press Club against the on-going crisis of power looms industry, here on Saturday. The rally was organised by Power Looms Association and led by its Secretary
Published 09 May, 2010 12:00am
Government to address grievances of Baloch people: Gilani

Government to address grievances of Baloch people: Gilani

Prime Minister, Syed Yusuf Raza Gilani, on Saturday said the government would do its best to address the grievances of the people of Balochistan. He was talking to media after holding an hour-long meeting with Baloch leader Sardar Attaullah Khan Mengal, h
Published 09 May, 2010 12:00am
Zardari felicitates PRCS services for humanity

Zardari felicitates PRCS services for humanity

President Asif Ali Zardari has appreciated Pakistan Red Crescent Society (PRCS) for its dedication and professionalism shown by it during the earthquake and for rehabilitation of internally displaced persons. In a message on the eve of World Red Cross and
Published 09 May, 2010 12:00am
Nawaz urges Abbasi to withdraw decision

Nawaz urges Abbasi to withdraw decision

PML-N leader, Nawaz Sharif telephoned Sardar Mehtab Abbasi and asked him to withdraw his decision about National Assembly resignation, sources said on Saturday. Nawaz praised the services of Abbasi for the party in Khyber Pakhtoonkhwa. Sources said that A
Published 09 May, 2010 12:00am
Sundas Foundation organises walk to mark 'Thalassaemia Day'

Sundas Foundation organises walk to mark 'Thalassaemia Day'

Members of Sundas Foundation, Faisalabad other NGOs and large number of affected children Saturday organised a walk to raise awareness about the genetic thalassemia disease on the occasion of World Thalassemia Day, being observed across the world under th
Published 09 May, 2010 12:00am
'International Thalassaemia Day' observed

'International Thalassaemia Day' observed

Like other parts of the globe, the 'International Thalassemia Day' was observed here on Saturday with a renewed pledge to create awareness among the people so as to check the burden of disease. To mark the day, different health organisations organised fun
Published 09 May, 2010 12:00am
ICMAP pre-budget seminar on May 11

ICMAP pre-budget seminar on May 11

The Karachi Branch council of the Institute of Cost and Management Accountants of Pakistan will organise a pre-budget seminar on May 11 at its head office here. An announcement on Saturday said the moot would be held in collaboration with the Professional
Published 09 May, 2010 12:00am
ICMAP pre-budget seminar on May 11

ICMAP pre-budget seminar on May 11

The Karachi Branch council of the Institute of Cost and Management Accountants of Pakistan will organise a pre-budget seminar on May 11 at its head office here. An announcement on Saturday said the moot would be held in collaboration with the Professional
Published 09 May, 2010 12:00am
Condolence

Condolence

Dr Fehmida Mirza, Speaker and Faisal Karim Kundi, Deputy Speaker National Assembly have condoled the sad demise of mother-in-law of Rehman Malik, Minister for Interior and father of Dr Attiya Inayatullah, MNA. In their separate condolence messages to Rehm
Published 09 May, 2010 12:00am
Majyd Aziz elected SME Bank Chairman

Majyd Aziz elected SME Bank Chairman

Majyd Aziz, Former President of Karachi Chamber of Commerce and Industry (KCCI) and a nominee of FPCCI, has been unanimously elected as Chairman of SME Bank Ltd by the board of directors. Sultan Ahmed Chawla, President FPCCI, Tariq Saeed, Immediate Past P
Published 09 May, 2010 12:00am
TMA concerned over new labour policy's impact on economy

TMA concerned over new labour policy's impact on economy

Towel Manufacturers Association of Pakistan (TMA) has read with anxiety the new labour policy envisaging an increase in minimum wages. In a statement to the press here on Saturday, TMA Chairman Waqar Alam said the anxiety was not because the trade and ind
Published 09 May, 2010 12:00am
UK's Mott McDonald's directors meet Shahbaz

UK's Mott McDonald's directors meet Shahbaz

British Company Mott McDonald's Directors Clare Rhodes James and Neil Fanlkner called on Punjab Chief Minister Shahbaz Sharif at Chief Minister's Secretariat, here on Saturday. Matters regarding co-operation in various sectors including energy, bio-fuel,
Published 09 May, 2010 12:00am
Progress on 282 development schemes reviewed

Progress on 282 development schemes reviewed

The progress of work on 282 development schemes, allotted to the provincial Buildings, Provincial Highways, Public Health Engineering, FDA and Wasa were reviewed in a meeting held under the chairmanship of Commissioner Tahir Hussain here the other day.
Published 09 May, 2010 12:00am
Karachiites face unscheduled loadshedding as Wapda reduces 300 megawatts

Karachiites face unscheduled loadshedding as Wapda reduces 300 megawatts

Karachiites have started facing unscheduled loadshedding as Water and Power Development Authority (Wapda) has at last reduced 300MW of electric supply to Karachi Electric Supply Company (KESC) on Saturday, without making alternative arrangements for KESC.
Published 09 May, 2010 12:00am
Malik Saif to contest PP-180 by-poll

Malik Saif to contest PP-180 by-poll

Malik Saiful Malook Khokhar has been awarded PML-N ticket to contest PP-180 by-elections to be held on June 24. Malik Saif is the elder brother of sitting PML-N MNA Malik Muhammad Afzal Khokhar. The PP-180 seat fell vacant after PML-N MPA Rana Mubbashar r
Published 09 May, 2010 12:00am
Mirza urges people to join PPP

Mirza urges people to join PPP

Sindh Home Minister Dr Zulfiqar Mirza has urged upon people to join the PPP which is determined to defend the rights of Sindh at all costs. He was addressing the reception organised in his honour by Haji Sher Mohammad Samoon, Ex-UC Nazim Sekhat who announ
Published 09 May, 2010 12:00am
Education department to re-open 5,500 schools

Education department to re-open 5,500 schools

Provincial Secretary Education Siddique Memon has said that Provincial Education Department has planned to re-open all 5,500 closed schools by July 1, 2010. He said while presiding over a high level meeting of officers of education department.
Published 09 May, 2010 12:00am
Closure of markets at 8pm: body set up in Hyderabad

Closure of markets at 8pm: body set up in Hyderabad

The Administrator District Government Hyderabad Aftab Ahmed Khatri has constituted a vigilance committee headed by EDOR Syed Burkat Ahmed Rizvi with the revenue officers having special judicial powers, area inspectors of Hyderabad police and labour depart
Published 09 May, 2010 12:00am
KCCI concerned about giving powers to FBR DGI&I

KCCI concerned about giving powers to FBR DGI&I

President, Karachi Chamber of Commerce and Industry (KCCI), Abdul Majid Haji Mohammad has expressed concern on allowing free-access to director general intelligence and investigation (DGI&I) Federal Board of Revenue (FBR) to enter into industrial and busi
Published 09 May, 2010 12:00am
Lashkar blocks Shahu road to disconnect Taliban supplies

Lashkar blocks Shahu road to disconnect Taliban supplies

Head of the tribal Lashkar of Mushti tribe Mir Ajab Khan and his supporters on Saturday blocked the road at Shahu in order to disconnect logistic supplies to Taliban in lower Orakzai Agency. Mir Ajab Khan alias Mast Buda who was nominated as head of the t
Published 09 May, 2010 12:00am
Over dozen hurt in clash between two groups

Over dozen hurt in clash between two groups

More than a dozen people including personnel of law enforcement agencies were injured and an equal number of shops were set on fire, when two warring groups came across each other in Korangi on Saturday. The groups of Sindhi and Bengali community had star
Published 09 May, 2010 12:00am
Prime Minister statement on Hyderabad status falls heavily on MQM

Prime Minister statement on Hyderabad status falls heavily on MQM

A political showdown is looming large afresh between Pakistan People's Party (PPP) and the Muttahida Qaumi Movement (MQM), as the coalition partners both in provincial and federal governments locked horns on Saturday over the changing of administrative st
Published 09 May, 2010 12:00am
Government planning low cost housing schemes for poor families

Government planning low cost housing schemes for poor families

Punjab Chief Minister Muhammad Shahbaz Sharif has said that the provincial government is planning low-cost housing schemes for poor families in the province. Punjab Land Development Company has also been established for this purpose, he said during a brie
Published 09 May, 2010 12:00am
Imposition of VAT: government urged to exempt packaged dairy products

Imposition of VAT: government urged to exempt packaged dairy products

Pakistan Dairy Association (PDA) on Saturday urged the government to exempt the packaged dairy products from the imposition of value-added tax (VAT), saying that the new tax would make the essential commodity costlier. Speaking at a press conference at a
Published 09 May, 2010 12:00am
Raza Rabbani urges government to renationalise KESC

Raza Rabbani urges government to renationalise KESC

Advisor to Prime Minister Senator Mian Raza Rabbani on Saturday called upon the government to take back the Karachi Electric Supply Company (KESC) from the private owner, saying that the management of the utility failed to fulfil its responsibility. He op
Published 09 May, 2010 12:00am
TCP awards sugar tender to Dubai based lowest bidder

TCP awards sugar tender to Dubai based lowest bidder

The Trading Corporation of Pakistan (TCP) on Saturday successfully finalised deal for the import of 200,000 tons of white sugar and finally awarded another tender to the Dubai based lowest bidder. TCP opened a sugar tender for the import of 200,000 tons o
Published 09 May, 2010 12:00am
TCP awards sugar tender to Dubai based lowest bidder

TCP awards sugar tender to Dubai based lowest bidder

The Trading Corporation of Pakistan (TCP) on Saturday successfully finalised deal for the import of 200,000 tons of white sugar and finally awarded another tender to the Dubai based lowest bidder. TCP opened a sugar tender for the import of 200,000 tons o
Published 09 May, 2010 12:00am
TCP awards sugar tender to Dubai based lowest bidder

TCP awards sugar tender to Dubai based lowest bidder

The Trading Corporation of Pakistan (TCP) on Saturday successfully finalised deal for the import of 200,000 tons of white sugar and finally awarded another tender to the Dubai based lowest bidder. TCP opened a sugar tender for the import of 200,000 tons o
Published 09 May, 2010 12:00am
AGP detects over Rs 644 million irregularities in PSO account

AGP detects over Rs 644 million irregularities in PSO account

The Auditor General of Pakistan (AGP) has detected irregularities worth over Rs 644 million in Pakistan State Oil (PSO) on account of untraceable fixed assets and procurement automation equipment. According to auditor general report for 2009-10, in Pakist
Published 09 May, 2010 12:00am
AGP detects over Rs 644 million irregularities in PSO account

AGP detects over Rs 644 million irregularities in PSO account

The Auditor General of Pakistan (AGP) has detected irregularities worth over Rs 644 million in Pakistan State Oil (PSO) on account of untraceable fixed assets and procurement automation equipment. According to auditor general report for 2009-10, in Pakist
Published 09 May, 2010 12:00am
AGP detects over Rs 644 million irregularities in PSO account

AGP detects over Rs 644 million irregularities in PSO account

The Auditor General of Pakistan (AGP) has detected irregularities worth over Rs 644 million in Pakistan State Oil (PSO) on account of untraceable fixed assets and procurement automation equipment. According to auditor general report for 2009-10, in Pakist
Published 09 May, 2010 12:00am
Gulf states to scrap steel duty, official says

Gulf states to scrap steel duty, official says

Gulf Arab countries will abolish a 5 percent import duty within one to two months to ease a supply strain that has been mostly felt in Saudi Arabia, an official from a regional Gulf bloc said on Saturday. Finance ministers from the six-nation Gulf Coopera
Published 09 May, 2010 12:00am
Gulf states to scrap steel duty, official says

Gulf states to scrap steel duty, official says

Gulf Arab countries will abolish a 5 percent import duty within one to two months to ease a supply strain that has been mostly felt in Saudi Arabia, an official from a regional Gulf bloc said on Saturday. Finance ministers from the six-nation Gulf Coopera
Published 09 May, 2010 12:00am
Gulf states to scrap steel duty, official says

Gulf states to scrap steel duty, official says

Gulf Arab countries will abolish a 5 percent import duty within one to two months to ease a supply strain that has been mostly felt in Saudi Arabia, an official from a regional Gulf bloc said on Saturday. Finance ministers from the six-nation Gulf Coopera
Published 09 May, 2010 12:00am
Taliban threaten new attacks in Afghanistan

Taliban threaten new attacks in Afghanistan

The Taliban threatened on Saturday to launch a fresh offensive across Afghanistan this coming week, as President Hamid Karzai said international forces have yet to secure large parts of the country. The Taliban said the offensive starting Monday will incl
Published 09 May, 2010 12:00am
Taliban threaten new attacks in Afghanistan

Taliban threaten new attacks in Afghanistan

The Taliban threatened on Saturday to launch a fresh offensive across Afghanistan this coming week, as President Hamid Karzai said international forces have yet to secure large parts of the country. The Taliban said the offensive starting Monday will incl
Published 09 May, 2010 12:00am
Harrods of London sold to Qatar investor

Harrods of London sold to Qatar investor

Egyptian-born businessman Mohammed Al Fayed has sold prestigious London department store Harrods to the investment vehicle of the Qatar royal family in a deal reported to be worth around 1.5 billion pounds ($2.3 billion). A spokesman for Lazard, which adv
Published 09 May, 2010 12:00am
Harrods of London sold to Qatar investor

Harrods of London sold to Qatar investor

Egyptian-born businessman Mohammed Al Fayed has sold prestigious London department store Harrods to the investment vehicle of the Qatar royal family in a deal reported to be worth around 1.5 billion pounds ($2.3 billion). A spokesman for Lazard, which adv
Published 09 May, 2010 12:00am
Harrods of London sold to Qatar investor

Harrods of London sold to Qatar investor

Egyptian-born businessman Mohammed Al Fayed has sold prestigious London department store Harrods to the investment vehicle of the Qatar royal family in a deal reported to be worth around 1.5 billion pounds ($2.3 billion). A spokesman for Lazard, which adv
Published 09 May, 2010 12:00am
Xe-Services relocates to capital suburbs, Khyber-Pakhtunkhwa

Xe-Services relocates to capital suburbs, Khyber-Pakhtunkhwa

The Xe-Services (the renamed infamous Blackwater Worldwide) is no longer engaged in confrontational activities with the police and the general public after public outrage against its attitude and has relocated either to suburbs of Islamabad in Sihala Poli
Published 09 May, 2010 12:00am
Xe-Services relocates to capital suburbs, Khyber-Pakhtunkhwa

Xe-Services relocates to capital suburbs, Khyber-Pakhtunkhwa

The Xe-Services (the renamed infamous Blackwater Worldwide) is no longer engaged in confrontational activities with the police and the general public after public outrage against its attitude and has relocated either to suburbs of Islamabad in Sihala Poli
Published 09 May, 2010 12:00am
Bid to import ''RBD Palm Olein'' as ''soap stock'' foiled

Bid to import ''RBD Palm Olein'' as ''soap stock'' foiled

The Directorate-General of Intelligence and Investigation (DGI&I), FBR, Karachi, has foiled a bid to import a huge consignment of ''RBD Palm Olein'', under the guise of soap stock, from Malaysia. Sources told Business Recorder on Saturday that cred
Published 09 May, 2010 12:00am
Bid to import 'RBD Palm Olein' as 'soap stock' foiled

Bid to import 'RBD Palm Olein' as 'soap stock' foiled

The Directorate-General of Intelligence and Investigation (DGI&I), FBR, Karachi, has foiled a bid to import a huge consignment of 'RBD Palm Olein', under the guise of soap stock, from Malaysia. Sources told Business Recorder on Saturday that credib
Published 09 May, 2010 12:00am
Bid to import 'RBD Palm Olein' as 'soap stock' foiled

Bid to import 'RBD Palm Olein' as 'soap stock' foiled

The Directorate-General of Intelligence and Investigation (DGI&I), FBR, Karachi, has foiled a bid to import a huge consignment of 'RBD Palm Olein', under the guise of soap stock, from Malaysia. Sources told Business Recorder on Saturday that credib
Published 09 May, 2010 12:00am
Iceland volcano ash hits European flights again

Iceland volcano ash hits European flights again

European air traffic faced growing disruption on Saturday as an ash cloud from an Iceland volcano threatened to close airports as far east as Spain''s Barcelona or Marseille in France, controllers warned. "During the day, the area affected by volcanic ash
Published 09 May, 2010 12:00am
Iceland volcano ash hits European flights again

Iceland volcano ash hits European flights again

European air traffic faced growing disruption on Saturday as an ash cloud from an Iceland volcano threatened to close airports as far east as Spain's Barcelona or Marseille in France, controllers warned. "During the day, the area affected by volcanic ash
Published 09 May, 2010 12:00am
Iceland volcano ash hits European flights again

Iceland volcano ash hits European flights again

European air traffic faced growing disruption on Saturday as an ash cloud from an Iceland volcano threatened to close airports as far east as Spain's Barcelona or Marseille in France, controllers warned. "During the day, the area affected by volcanic ash
Published 09 May, 2010 12:00am
China offers duty-free access to 5,000 Bangladeshi products

China offers duty-free access to 5,000 Bangladeshi products

China has offered duty-free access to some 5,000 Bangladeshi products as a goodwill gesture in a significant development in economic ties between the two countries after Prime Minister Sheikh Hasina''s Beijing visit in March this year, a senior Minister s
Published 09 May, 2010 12:00am
China offers duty-free access to 5,000 Bangladeshi products

China offers duty-free access to 5,000 Bangladeshi products

China has offered duty-free access to some 5,000 Bangladeshi products as a goodwill gesture in a significant development in economic ties between the two countries after Prime Minister Sheikh Hasina's Beijing visit in March this year, a senior Minister sa
Published 09 May, 2010 12:00am
China offers duty-free access to 5,000 Bangladeshi products

China offers duty-free access to 5,000 Bangladeshi products

China has offered duty-free access to some 5,000 Bangladeshi products as a goodwill gesture in a significant development in economic ties between the two countries after Prime Minister Sheikh Hasina's Beijing visit in March this year, a senior Minister sa
Published 09 May, 2010 12:00am
PLO approves indirect peace talks with Israel

PLO approves indirect peace talks with Israel

Palestinian leader Mahmud Abbas secured the approval Saturday of the Palestine Liberation Organisation for indirect peace talks with Israel, despite opposition from several factions. Fatah deputy secretary general Jibril Rajub said the decision was taken
Published 09 May, 2010 12:00am
PLO approves indirect peace talks with Israel

PLO approves indirect peace talks with Israel

Palestinian leader Mahmud Abbas secured the approval Saturday of the Palestine Liberation Organisation for indirect peace talks with Israel, despite opposition from several factions. Fatah deputy secretary general Jibril Rajub said the decision was taken
Published 09 May, 2010 12:00am
Eight percent decline in refineries'' July-April output

Eight percent decline in refineries'' July-April output

The production of local refineries declined by 8 percent to 6.8 million tons in 10 months of the current fiscal year FY10. The local refineries produced 689,000 tons in April this year, with a decline of 11.6 percent over the same period of last year.
Published 09 May, 2010 12:00am
Eight percent decline in refineries' July-April output

Eight percent decline in refineries' July-April output

The production of local refineries declined by 8 percent to 6.8 million tons in 10 months of the current fiscal year FY10. The local refineries produced 689,000 tons in April this year, with a decline of 11.6 percent over the same period of last year.
Published 09 May, 2010 12:00am
Eight percent decline in refineries' July-April output

Eight percent decline in refineries' July-April output

The production of local refineries declined by 8 percent to 6.8 million tons in 10 months of the current fiscal year FY10. The local refineries produced 689,000 tons in April this year, with a decline of 11.6 percent over the same period of last year.
Published 09 May, 2010 12:00am
Family of Faisal knew key militants: report

Family of Faisal knew key militants: report

Times Square car bomb suspect Faisal Shahzad's family knew at least two key militants who were involved in terrorist activities, The Los Angeles Times reported late on Friday. Citing an unnamed US government source, it said the circle of acquaintances inc
Published 09 May, 2010 12:00am
Family of Faisal knew key militants: report

Family of Faisal knew key militants: report

Times Square car bomb suspect Faisal Shahzad's family knew at least two key militants who were involved in terrorist activities, The Los Angeles Times reported late on Friday. Citing an unnamed US government source, it said the circle of acquaintances inc
Published 09 May, 2010 12:00am
Pakistan to probe Faisal's role on US request: Rehman

Pakistan to probe Faisal's role on US request: Rehman

Pakistan has received a formal request from the United States to launch formal investigation regarding Faisal Shehzad, who was detained in the US over Times Square incident in New York. This was stated by Interior Minister Rehman Malik here on Saturday.
Published 09 May, 2010 12:00am
Pakistan to probe Faisal's role on US request: Rehman

Pakistan to probe Faisal's role on US request: Rehman

Pakistan has received a formal request from the United States to launch formal investigation regarding Faisal Shehzad, who was detained in the US over Times Square incident in New York. This was stated by Interior Minister Rehman Malik here on Saturday.
Published 09 May, 2010 12:00am
US warns Pakistan after New York bomb attempt: New York Times

US warns Pakistan after New York bomb attempt: New York Times

The United States has warned Pakistan it wants urgent action against militants in its tribal regions following last week's failed Times Square car bombing in New York, the New York Times reported on Saturday. Citing US and Pakistani officials.
Published 09 May, 2010 12:00am
US warns Pakistan after New York bomb attempt: New York Times

US warns Pakistan after New York bomb attempt: New York Times

The United States has warned Pakistan it wants urgent action against militants in its tribal regions following last week's failed Times Square car bombing in New York, the New York Times reported on Saturday. Citing US and Pakistani officials.
Published 09 May, 2010 12:00am