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Print - 2010-08-10
PBIT staff donates two-day salary

PBIT staff donates two-day salary

The officials of Punjab Board of Investment and Trade (PBIT) have donated their two-day salary in the special relief fund established by Chief Minister Punjab in order to provide relief items to flood victims. A spokesman of the PBIT informed that the PBI
Published 10 Aug, 2010 12:00am
Sindh assembly, cabinet members to donate one-month salaries

Sindh assembly, cabinet members to donate one-month salaries

Sindh government has decided that all members of Sindh Assembly (MPAs), provincial cabinet members including special assistants to chief minister and government employees from BS-I to BS-22 (both provincial and district), will contribute in Sindh Flood Re
Published 10 Aug, 2010 12:00am
Telecom companies contribute Rs 238.5 million for affected people

Telecom companies contribute Rs 238.5 million for affected people

Three leading telecom operators have contributed Rs 238.5 million for the flood affected people while other operators are gearing up efforts to assist the masses in this need of hour. Telenor made a major contribution as its representative handed over a c
Published 10 Aug, 2010 12:00am
Insensitivity of the rulers

Insensitivity of the rulers

Pakistani Nation has a great quality, having no parallel in the world, the quality to bear shocks and horrors. Since the dawn of 21st century, this country is suffering from terrorism, political turmoil, earthquake, air crashes and now the century's devas
Published 10 Aug, 2010 12:00am
Philippines' furniture capital looks forward to recovery

Philippines' furniture capital looks forward to recovery

In one of the biggest furniture factories in the central Philippines, the ground floor bustled as workers cut, hammered and soldered aluminium tubes into different shapes. On the second floor, local weavers entwined special plastic fibre around the alumin
Published 10 Aug, 2010 12:00am
Bad governance

Bad governance

While governments everywhere are striving to cut waste and adopt austerity as the norm, we see little thereof in Pakistan. The proof: every quarter Pakistan's Central Bank expresses its regrets at the continuing economic slide, the most worrying (and real
Published 10 Aug, 2010 12:00am
Misery accentuated by rains, government's negligence

Misery accentuated by rains, government's negligence

While floods and torrential rains have uprooted large sections of the population, who have been deprived of all their worldly possessions, negligence on the part of the administration has played no small role in the ensuing human suffering.
Published 10 Aug, 2010 12:00am
Country needs mid-term budget

Country needs mid-term budget

Prime Minister Yousuf Raza Gilani has admitted that the damage wrought by flash floods has pushed the country back many years. The dearth of infrastructural facilities in the country, predating the onslaught of the recent floods, was already a major sourc
Published 10 Aug, 2010 12:00am
Child produced before LHC

Child produced before LHC

Capital City Police Chief (CCPO) Aslam Tareen here Monday produced the four-month old son of Asma Zahra, sister in-law of film actress Meera, before the Lahore High Court and Chief Justice handed over the minor to his mother. The Chief Justice therefore d
Published 10 Aug, 2010 12:00am
Harassing PU professor: action against former student demanded

Harassing PU professor: action against former student demanded

Punjab University Academic Staff Association (PUASA) General Secretary, Professor Javed Sami and Vice-President Majid Rana, in a joint statement issued here Monday, strongly condemned hurling of life threats and use of harsh words against In-charge, Insti
Published 10 Aug, 2010 12:00am
Seminar on 'Strengthening SMEs for a better tomorrow' held

Seminar on 'Strengthening SMEs for a better tomorrow' held

Chief Executive Officer of Business Support Fund (BSF) Saqib Mohyuddin has said that industry was wasting a huge amount of Rs 540 billion due to non-professionals, and we would have to get rid of non-professionals to promote our business and to earn maxim
Published 10 Aug, 2010 12:00am
LHC issues restrictive orders against sale of tomb land

LHC issues restrictive orders against sale of tomb land

The Lahore High Court (LHC) on Monday issued restrictive orders against fraudulent sale of land of tomb of Mahabat Khan, a prominent Army General of Mughal emperor Jehangir. Mahabat Khan, whose real name was Zaman Khan had served as General in Mughal Army
Published 10 Aug, 2010 12:00am
SKMCH&RC launches Zakat collection campaign

SKMCH&RC launches Zakat collection campaign

Shaukat Khanum Memorial Cancer Hospital & Research Centre (SKMCH&RC) has launched its Zakat Collection Campaign for the year 2010. The hospital, equipped with the latest medical machinery and qualified staff, is aimed at providing world class sate-of-the-
Published 10 Aug, 2010 12:00am
Performance of PEF partner schools applauded

Performance of PEF partner schools applauded

Chairman Punjab Education Foundation (PEF) Raja Muhammad Anwar has congratulated the management of PEF partner schools for showing exemplary performance in the matric examinations. He also congratulated Zabreen Tahir, a winner of "Brain of Lahore-2010" in
Published 10 Aug, 2010 12:00am
PPS asks nation to observe Youm-e-Touba on August 13

PPS asks nation to observe Youm-e-Touba on August 13

President Pakistan Psychiatric Society (PPS) and psychiatrist, Professor Dr Haroon Rashid Chaudhry has appealed to the Pakistani nation to observe August 13 (Friday) as Youm-e-Touba to seek forgiveness from Allah Almighty. Dr Chaudhry said, "Pakistan is f
Published 10 Aug, 2010 12:00am
PC to finalise new growth strategy in three months

PC to finalise new growth strategy in three months

The Deputy Chairman of the Planning Commission, Dr Nadeem ul Haque, said here on Monday that new growth strategy, with innovative approach, would be finalised in three months, when consultative process, which is underway at present, would get completed.
Published 10 Aug, 2010 12:00am
Lesco equipping staff with safety material: official

Lesco equipping staff with safety material: official

Lahore Electric Supply Company (Lesco) is striving hard to provide safety equipment to its Line Staff by utilising all available resources. An official of the Lesco said that on the directions of Chief Executive Lesco, all sub divisional offices are being
Published 10 Aug, 2010 12:00am
Plan to institute Pride of Pakistan Brand Awards

Plan to institute Pride of Pakistan Brand Awards

"Many countries of the world are spending millions of dollars to promote their domestic brands and strengthening their enterprises to compete in the highly competitive business arena of the globe. In order to promote Pakistani brands and pay tribute to th
Published 10 Aug, 2010 12:00am
Pakistan and Malaysia Halal Research Council sign MoU

Pakistan and Malaysia Halal Research Council sign MoU

Halal Research Council, Pakistan and Malaysia signed a Memorandum of Understanding (MoU) for the promotion of Halal industry and ensuring easy availability and exhibition of Pakistani halal certified products in Malaysian market. The MoU signing ceremony
Published 10 Aug, 2010 12:00am
Alleged abduction of doctor: LHC directs IO to trace phone caller

Alleged abduction of doctor: LHC directs IO to trace phone caller

The Lahore High Court (LHC) directed the investigation officer to trace out the caller and ensure him to join the investigation when Inter Services Intelligence (ISI) informed the court that the missing doctor of Jinnah Hospital, Ali Abdullah, is not in i
Published 10 Aug, 2010 12:00am
'Steel production set at 10 million tonnes by 2015'

'Steel production set at 10 million tonnes by 2015'

"The steel production, under the new policy evolved in consultation with all the stakeholders, has been set at 10 million tones by the year 2015 and 15 million tons by the year 2020". The Incharge Steel Segment of the Engineering Development Board S M Adi
Published 10 Aug, 2010 12:00am
Pakistan, Turkey to facilitate visits of businessmen: Baig

Pakistan, Turkey to facilitate visits of businessmen: Baig

Dr Mirza Ikhtiar Baig, Federal Advisor on Textile, has returned from Turkey. He disclosed that as per announcement made by the Prime Minister of Turkey Recep Tayyip Erdogan at the Pak-Turkish CEO Forum meeting held in Islamabad in presence of Prime Minist
Published 10 Aug, 2010 12:00am
Need of introducing latest technology in SME sector stressed

Need of introducing latest technology in SME sector stressed

There is a dire need of introducing latest technology in the SME sector. This was stated by Muhammad Ikram Rajput, acting President of Hyderabad Chamber of Commerce and Industry (HCC&I) at a workshop on "How to Start Your own Business" organised by Small
Published 10 Aug, 2010 12:00am
Chambers begin election process for 2010-11

Chambers begin election process for 2010-11

Almost all the chambers of commerce and industry in the country have started process of holding annual election for the year 2010-11, and majority of them have announced the schedule of election. Election of almost all the chamber of commerce and industry
Published 10 Aug, 2010 12:00am
'SODIS a cost-effective, practicable method of water purification'

'SODIS a cost-effective, practicable method of water purification'

Solar water dis-infection (SODIS) method was a cost-effective, easy and practicable method among household level water purification methods while the method can be extremely useful for bacterial decontamination of water during the on-going floods.
Published 10 Aug, 2010 12:00am
The Weather

The Weather

The weather report on Monday (August 09, 2010) and the forecast for Tuesday (August 10, 2010).

Published 10 Aug, 2010 12:00am
UET senate meeting held

UET senate meeting held

University of Engineering and Technology (UET) Senate held its 28th meeting on Monday under the Chairmanship of Lieutenant General Muhammad Akram Khan (Retd), Vice-Chancellor UET, Lahore as nominee of the Chancellor of the University Governor Salmaan Tase
Published 10 Aug, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (August 09, 2010).

Published 10 Aug, 2010 12:00am
RCS to be made more vibrant: Chairman

RCS to be made more vibrant: Chairman

The welfare activities of Red Crescent Society (RCS) would be made more organised and vibrant for extending the support to the poor masses. This was stated by DCO/Chairman Naseem Sadiq while chairing a meeting of executive committee of District Red Cresce
Published 10 Aug, 2010 12:00am
Security plan for Karachi's harbour to be imposed next week

Security plan for Karachi's harbour to be imposed next week

The much awaited security plan for Karachi's harbour, which the government had chalked out soon after the Mumbai attack in November 2008, is expected to be imposed next week, Business Recorder learnt Monday. The security plan has been prepared to c
Published 10 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 10 Aug, 2010 12:00am
Book on Benazir Bhutto launched

Book on Benazir Bhutto launched

The high degree of clarity in Mohtarma Benazir Bhutto Shaheed's thinking was well reflected in her writings and speeches, which always carried great effect. She cultivated these skills with care, and held writers, artists, and journalists in great esteem.
Published 10 Aug, 2010 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 10 Aug, 2010 12:00am
Inter-city transporters fleecing people

Inter-city transporters fleecing people

The operators of the inter-city air-conditioned coaches have started fleecing the commuters particularly the people of the flood-hit areas by increasing the existing fares to double, it is learnt. The owners of inter-city air-conditioned and local buses h
Published 10 Aug, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (August 09, 2010).

Published 10 Aug, 2010 12:00am
Ban on TV channels: Jamaat-e-Islami threatens countrywide protest

Ban on TV channels: Jamaat-e-Islami threatens countrywide protest

Jamaat-e-Islami chief, Syed Munawar Hasan and JI Secretary General, Liaquat Baloch have strongly condemned the continuous ban on transmissions of private TV channels and said it was a sheer contempt of the High Court. In a joint statement here Monday, the
Published 10 Aug, 2010 12:00am
Prices of food items increase substantially

Prices of food items increase substantially

Prices of essential food items both perishable and non-perishable increased substantially during the last week due to supply disruptions, inundation of fields and hoarding by stockists, a survey by Business Recorder revealed. According to the price
Published 10 Aug, 2010 12:00am
PML-N is not involved in shoe-throwing incident: Nisar

PML-N is not involved in shoe-throwing incident: Nisar

Leader of the Opposition in National Assembly Chaudhry Nisar Ali Khan said that the Opposition will raise the issues of devastating floods, hurling of shoe at President Asif Ali Zardari, statement of British Prime Minister against Pakistan and blockage of
Published 10 Aug, 2010 12:00am
Mohaqiq meets Qureshi

Mohaqiq meets Qureshi

Ustad Mohammad Mohaqiq, the leader of the Hizb-e-Wahadat Party and a prominent Parliamentarian belonging to Hazara Community in Afghanistan on Monday called on Foreign Minister Makhdoom Shah Mehmood Qureshi. During the meeting held in a cordial atmosphere
Published 10 Aug, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (August 09, 2010).

Published 10 Aug, 2010 12:00am
Clarification

Clarification

A spokesperson of the Ministry of Commerce has noted a news item published in a section of press, captioned 'Amin Fahim contemplating to sideline NICL Chairman'. The ministry takes the news item as baseless and erroneous. There is no move from the ministr
Published 10 Aug, 2010 12:00am
Bank Al-Habib profit after tax increases to Rs 1.695 billion

Bank Al-Habib profit after tax increases to Rs 1.695 billion

The profit after tax of Bank Al-Habib Limited has increased to Rs 1.695 billion in the half year period ended June 30, 2010 as compared to Rs 1.384 billion earned in the corresponding period in 2009. The board of directors of the bank in its meeting held
Published 10 Aug, 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 (August 09, 2010).

Published 10 Aug, 2010 12:00am
Bank Al-Habib profit after tax increases to Rs 1.695 billion

Bank Al-Habib profit after tax increases to Rs 1.695 billion

The profit after tax of Bank Al-Habib Limited has increased to Rs 1.695 billion in the half year period ended June 30, 2010 as compared to Rs 1.384 billion earned in the corresponding period in 2009. The board of directors of the bank in its meeting held
Published 10 Aug, 2010 12:00am
Hubco profit after tax increases to Rs 5.556 billion

Hubco profit after tax increases to Rs 5.556 billion

The profit after tax of Hub Power Company (Hubco) has increased to Rs 5.556 billion in the financial year ended June 30, 2010 (FY10) as compared to Rs 3.780 billion earned the corresponding period on FY09. The company's earning per share increased to Rs 4
Published 10 Aug, 2010 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (August 09, 2010).

Published 10 Aug, 2010 12:00am
Hubco profit after tax increases to Rs 5.556 billion

Hubco profit after tax increases to Rs 5.556 billion

The profit after tax of Hub Power Company (Hubco) has increased to Rs 5.556 billion in the financial year ended June 30, 2010 (FY10) as compared to Rs 3.780 billion earned the corresponding period on FY09. The company's earning per share increased to Rs 4
Published 10 Aug, 2010 12:00am
Government forms teams to evaluate flood losses in agriculture sector

Government forms teams to evaluate flood losses in agriculture sector

The federal government has constituted 6 teams to evaluate the losses caused by the recent floods to the agriculture sector. Inaugurating the "Central Seed Testing Laboratory" Federal Minister for Food and Agriculture, Nazar Muhammad Gondal on Monday said
Published 10 Aug, 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 (August 09, 2010).

Published 10 Aug, 2010 12:00am
Please act quickly, Prime Minister urges world community

Please act quickly, Prime Minister urges world community

Prime Minister Yousuf Raza Gilani on Monday said that the nation is going through a hard time due to the deadly floods, and again appealed to the international community and donor organisations to act quickly to help the hundreds of thousands of marooned
Published 10 Aug, 2010 12:00am
Nadra develops software to locate lost CNICs

Nadra develops software to locate lost CNICs

National Database and Registration Authority's (Nadra) software engineers have developed a software, which will capture name, father's name, date of birth, address and biometrics information of the flood affected people and locate their lost CNICs, said T
Published 10 Aug, 2010 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (August 09, 2010).

Published 10 Aug, 2010 12:00am
Coca-Cola pledges Rs 43 million to flood relief efforts

Coca-Cola pledges Rs 43 million to flood relief efforts

Coca-Cola has pledged approximately Rs 43 million (US $500,000.00) as part of the relief efforts for the families that have been badly affected by the recent flood that has devastated major parts of Pakistan. The company will purchase the relief goods its
Published 10 Aug, 2010 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (August 09, 2010).

Published 10 Aug, 2010 12:00am
River Chenab at Trimmu: flood warning

River Chenab at Trimmu: flood warning

Flood Forecasting Division of Pakistan Meteorological Department Lahore has on Monday issued flood warning for River Chenab at Trimmu, which may cause inundation of low lying areas of districts Jhang, Khanewal, Muzaffargarh and Multan. The Flood Forecasti
Published 10 Aug, 2010 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (August 09, 2010).

Published 10 Aug, 2010 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (August 09, 2010).

Published 10 Aug, 2010 12:00am
AIOU sets up relief camp

AIOU sets up relief camp

Allama Iqbal Open University (AIOU) on Monday set up relief camp in its head office as well as regional offices to help the affected people of flood hit areas. Vice-Chancellor AIOU, Professor Dr Nazir A Sangi inaugurated the relief camp in the head office
Published 10 Aug, 2010 12:00am
LGH medical team leaves for Rajanpur

LGH medical team leaves for Rajanpur

An 11-member medical team of Lahore General Hospital (LGH) has left for Rajanpur for extending medical treatment to flood affected people and to protect them from infectious diseases. According to administration of the LGH, the medical team is also carryi
Published 10 Aug, 2010 12:00am
Flood-hit areas: QAU students assured of all possible help

Flood-hit areas: QAU students assured of all possible help

Quaid-e-Azam University Alumni Association Pakistan has decided to extend every possible help to the students belonging to the flood affected areas. This assistance would be provided to the enrolled flood affected students at QAU which would include finan
Published 10 Aug, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 09, 2010).

Published 10 Aug, 2010 12:00am
Over 0.3 million people of Muzaffargarh forced to evacuate

Over 0.3 million people of Muzaffargarh forced to evacuate

In the ongoing devastation on a massive scale, the flood waters entered Ghazi Ghat Town and the adjoining areas, forcing over 0.3 million populace to evacuate after the breach in the protection spur and bund meant for the safety of PakArab Mid-Country Oil
Published 10 Aug, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 09, 2010).

Published 10 Aug, 2010 12:00am
Train service comes to a complete halt

Train service comes to a complete halt

Train service between Quetta and rest of the country has come to a complete halt as flash flood has damaged branch line near Sukkur. The trains coming from Quetta and the same going towards Balochistan have been stopped as various stations because of dama
Published 10 Aug, 2010 12:00am
'Some elements involved in media trial of President'

'Some elements involved in media trial of President'

Federal Minister for Law and Parliamentary Affairs, Dr Babar Awan has said that government is not targeting the media and the judiciary, rather some elements were involved in media trial of President Asif Ali Zardari. Addressing the flood-affectees and ta
Published 10 Aug, 2010 12:00am
THE RUPEE: dollar down marginally

THE RUPEE: dollar down marginally

Steady trend was seen on the local currency market on Monday as dollar supply was enough to meet the demand, dealers said. On the interbank market the rupee inched up with a gain of three paisa versus dollar for buying at 85.72 and rose by two paisa for s
Published 10 Aug, 2010 12:00am
Sindh's Flood Report of August 9

Sindh's Flood Report of August 9

The Irrigation and Power Department Sindh has given the following report regarding the flood situation in the province on August 9. The River Indus is in a 'Super Flood' situation at the Guddu Barrage, and would remain the same during the next 24 hours. T
Published 10 Aug, 2010 12:00am
THE RUPEE: dollar down marginally

THE RUPEE: dollar down marginally

Steady trend was seen on the local currency market on Monday as dollar supply was enough to meet the demand, dealers said. On the interbank market the rupee inched up with a gain of three paisa versus dollar for buying at 85.72 and rose by two paisa for s
Published 10 Aug, 2010 12:00am
Dubai businessman donates Rs five million

Dubai businessman donates Rs five million

A leading businessman from Dubai, Saeed Suhail Saeed, has donated Rs five million for the flood relief fund. He presented a cheque to Ms Bukhtawar Bhutto Zardari, at the Bilawal House here on Monday.
Published 10 Aug, 2010 12:00am
Flash flood roaring towards Sukkur: toll tops 1,203

Flash flood roaring towards Sukkur: toll tops 1,203

After playing havoc with catchment areas of Indus near Guddu, high flood was gushing towards Sukkur where the water inflow is 110,000 cusecs and the death toll in the floods has so far reached 1203. This was stated by State Minister for Information and Br
Published 10 Aug, 2010 12:00am
MRCS to raise $16.3 million for flood victims

MRCS to raise $16.3 million for flood victims

The Malaysian Red Crescent Society (MRCS) hopes to raise US $16,33 million to provide support to 25,000 flood affected families of Pakistan for a period of nine month. This was stated by National Vice-Chairman of MRCS, Datuk Dr Bahari Abu Mansor while spe
Published 10 Aug, 2010 12:00am
Flood situation discussed with US envoy

Flood situation discussed with US envoy

Foreign Secretary, Salman Bashir and US Ambassador Ms Anne W. Patterson on Monday discussed the situation arising from the floods and the ongoing relief and rescue efforts. Foreign Secretary appreciated the assistance being extended by the US at this diff
Published 10 Aug, 2010 12:00am
Chairman MSQI gunned down in Quetta

Chairman MSQI gunned down in Quetta

Unknown armed men on Monday killed the Chairman Mohammad Shahi Qaumi Ittehad (MSQI) Mir Rawat Khan on Brewery road. According to police officials, Chairman MSQI was shot dead when unidentified armed assailants opened fire at him and fled. As a result he d
Published 10 Aug, 2010 12:00am
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