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Print - 2010-11-11
Construction activities: BoR asks foreign firms to acquire PEC license

Construction activities: BoR asks foreign firms to acquire PEC license

Board of Revenue (BoR) has asked the foreign firms engaged as constructors, operators or consultants to get license from Pakistan Engineering Council (PEC) for carrying out any type of engineering activity within the country. Officials in Board of Revenue
Published 11 Nov, 2010 12:00am
Police seize 180 sugar bags stolen from TCP godown

Police seize 180 sugar bags stolen from TCP godown

Sindh Police on Wednesday seized 180 bags of sugar, which were stolen from Trading Corporation of Pakistan (TCP) godowns in Pipri at National Highway, it is learnt. According to details, TCP officials has identified and confirmed that the sugar bags were
Published 11 Nov, 2010 12:00am
P&G-Help open school at Port Qasim

P&G-Help open school at Port Qasim

Procter and Gamble (P&G) Port Qasim Plant in collaboration with Health Education Literacy Programme (Help), an NGO, established its first school in the Port Qasim vicinity. The school is aimed at providing pre-primary education to underprivileged children
Published 11 Nov, 2010 12:00am
IBM holds conference on corporate governance

IBM holds conference on corporate governance

The Institute of Business Management (IBM) had organised the first conference on corporate governance/strategy and competitiveness at hotel here on Wednesday.
Published 11 Nov, 2010 12:00am
Haier most valuable brand in China

Haier most valuable brand in China

Haier is the leading brand of white goods globally and the most valuable brand in China. With its 29 manufacturing plants, 8 comprehensive R&D centers, 19 overseas trading companies across the world and more than 60,000 global employees, Haier has involve
Published 11 Nov, 2010 12:00am
Mobilink subscribers, revenues up

Mobilink subscribers, revenues up

Mobilink, Pakistan's market leader in cellular services and part of Orascom Telecom Holding (0TH), has posted strong revenues, higher EBITDA and increasing subscriber base in the third quarter of 2010, as compared to the same period last year. Mobilink po
Published 11 Nov, 2010 12:00am
Business, industry term RGST, flood surcharge last straw on camel's back

Business, industry term RGST, flood surcharge last straw on camel's back

The business community and industrialists have termed the government decision to impose 'reformed general sales tax' (RGST) and 10 percent flood surcharge as 'last straw on camel's back', saying that it would further aggravate the miseries of the industri
Published 11 Nov, 2010 12:00am
Concerns for IDPs' protection grow as harsh winter predicted

Concerns for IDPs' protection grow as harsh winter predicted

The concerns for protection and safety of IDPs against harshness of weather and consequent cold-related diseases grow as a bitter winter is predicted this season in the Sindh province. According to the forecast, winter will be harsher and sooner this seas
Published 11 Nov, 2010 12:00am
Germany donates 24 ambulances for relief work

Germany donates 24 ambulances for relief work

German Ministry of Defence has donated 24 ambulances and medical equipment to Pakistan Army for relief work out of the total 12 ambulances are being shipped on Wednesday, whereas the remaining 12 will be shipped on completion of refurbishment work.
Published 11 Nov, 2010 12:00am
Naval Chief calls on President

Naval Chief calls on President

Chief of Naval Staff, Admiral Noman Bashir called on President Asif Ali Zardari at Aiwan-e-Sadr on Wednesday. Professional matters pertaining to Pakistan Navy and its operational preparedness were discussed during the meeting, a press release said.
Published 11 Nov, 2010 12:00am
President confers Hilal-e-Pakistan on Ahmed Faraz posthumously

President confers Hilal-e-Pakistan on Ahmed Faraz posthumously

President Asif Ali Zardari on Wednesday conferred illustrious and renowned poet late Ahmed Faraz with Hilal e Pakistan (Civil) posthumously for his contributions in the realm of poetry and literature. The President also restored earlier award of "Sitara e
Published 11 Nov, 2010 12:00am
Khyber Pakhtunkhwa launches PR&OC for flood victims

Khyber Pakhtunkhwa launches PR&OC for flood victims

The Social Welfare & Women Development Department of Khyber Pakhtunkhwa Government with technical and financial assistance of United Nations High Commission for Refugees (UNHCR) launched the first "Protection Referral and Outreach Centre for Flood Affecte
Published 11 Nov, 2010 12:00am
Flood victims in Nowshera: Japan to provide over $0.2 million to PRCS

Flood victims in Nowshera: Japan to provide over $0.2 million to PRCS

The Government of Japan has decided to extend nearly $209,370 (Rs 17.45 million approx.) financial assistance to Pakistan Red Crescent Society (PRCS) for supporting the flood affectees in Nowshera-a district of Khyber Pakhtunkhwa. The agreement for the pr
Published 11 Nov, 2010 12:00am
Legislators flay US support for Indian seat at UNSC

Legislators flay US support for Indian seat at UNSC

Both treasury and opposition in the lower house were unanimous on Wednesday in expressing concern over the US President Barack Obama's announcement backing Indian ambition for permanent seat in the UN Security Council. Earlier, on Monday President Obama h
Published 11 Nov, 2010 12:00am
The biggest social evil

The biggest social evil

Beggary is a great social nuisance. It has been present in our country since ancient time, but it has now assumed the proportion of a big evil. You can find beggars in every public place, whether you go to the market or a Masjid, you will find yourselves
Published 11 Nov, 2010 12:00am
Obama elevates India-US ties to global level

Obama elevates India-US ties to global level

President Barack Obama's India visit marked a shift in strategic ties by outlining a global role for the Asian nation and raising its international profile, developments bound to be watched with concern by an assertive China. Obama, who concluded his visi
Published 11 Nov, 2010 12:00am
VIEWPOINT: Obama in India

VIEWPOINT: Obama in India

Although US President Barack Obama's just concluded visit to India was aimed at energising the two countries strategic and economic relations (soon after arrival in Mumbai he announced trade deals worth $10 billion that are to support over 50,000 jobs in
Published 11 Nov, 2010 12:00am
US-India relationship and Afghanistan

US-India relationship and Afghanistan

Speaking at the Carnegie Endowment for International Peace the other day, senior Republican Party Senator John McCain made some valid and invalid assertions vis-a-vis Afghanistan situation. Understandably, he warned the Obama administration against pullin
Published 11 Nov, 2010 12:00am
Security Council seat for India

Security Council seat for India

A stubbornly defiant to the United Nations resolutions, India has been offered help to get it seated as Permanent Member of the UN Security Council. The offer came on Monday from visiting US President Barack Obama as he spoke to the Indian parliament. "I
Published 11 Nov, 2010 12:00am
Avoid conflict of interest

Avoid conflict of interest

The price of sugar, according to reports, has risen to as high as 125 rupees per kg in the markets of some cities. The GST on sugar, it is reported, has been raised to bring it at par with the tax on import stage. The Finance Minister has been pleading wi
Published 11 Nov, 2010 12:00am
Philanthropic assistance by Jazba Foundation

Philanthropic assistance by Jazba Foundation

Jazba Foundation in collaboration with Royal Palm Golf and Country Club on Wednesday distributed sewing machines, computers and beauty parlor's items among the talented deserving 30 women to enable them to earn their livelihood in a dignified manner.
Published 11 Nov, 2010 12:00am
CNG closure on Saturday instead of Tuesday

CNG closure on Saturday instead of Tuesday

All CNG filling stations of Punjab region will remain closed on Saturday instead of Tuesday. Ghiyas Abdullah Paracha chairman All Pakistan CNG Association (APCNGA) said that the weekly gas closure has been re-scheduled due to Eid which is on Wednesday and
Published 11 Nov, 2010 12:00am
LCCI to resist new taxation measures

LCCI to resist new taxation measures

The Lahore Chamber of Commerce and Industry has warned the government that business community would resist new taxation measures, as approval of Reformed General Sales Tax and flood surcharge has been given at a time when all the businesses were facing mu
Published 11 Nov, 2010 12:00am
Sugar price hike challenged in LHC

Sugar price hike challenged in LHC

A petition is moved before the Lahore High Court (LHC) challenging increase in the sugar price. Petitioner, a local citizen Ahmad Imran Ghazi, moved against federal and Punjab governments, ministry of food, sugar mills association and other 11 respondents
Published 11 Nov, 2010 12:00am
Sugar prices start declining in Punjab

Sugar prices start declining in Punjab

Sugar prices started showing a declining trend following the announcement by the Punjab government to acquire the commodity in bulk from the Trading Corporation of Pakistan and offload it in the market at reasonable rates to facilitate consumers. Wholesal
Published 11 Nov, 2010 12:00am
Nawaz-Jamali meeting today

Nawaz-Jamali meeting today

Former Prime Minister and Convenor Muttahida Muslim League Steering Committee Mir Zafarullah Jamali is going to meet PML-N Quaid Nawaz Sharif at his Raiwind residence on Thursday (today) in a bid to persuade him to join the MML to steer the country out of
Published 11 Nov, 2010 12:00am
Increase in prices of DAP fertilisers termed injustice to growers

Increase in prices of DAP fertilisers termed injustice to growers

Punjab Minister for Agriculture, Malik Ahmad Ali Aulakh has termed the increase in the prices of DAP fertilisers as injustice with the growers. The minister further said that it was actually an anti-agriculture move. The price of DAP fertiliser has increa
Published 11 Nov, 2010 12:00am
'UK always welcomes genuine students'

'UK always welcomes genuine students'

UK always welcomes genuine students for genuine education and there is no hindrance in getting student visa for genuine students, said Robert W. Gibson, British Deputy High Commissioner and Director Trade & Investment in Pakistan, while addressing the stu
Published 11 Nov, 2010 12:00am
Chief Justice LHC announces Eid holidays

Chief Justice LHC announces Eid holidays

Chief Justice Lahore High Court (LHC) Khawaja Muhammad Sharif has announced November 17 to 19 as Eid holidays. According to a notification issued here on Wednesday the LHC and its benches at Bawalpur, Multan and Rawalpindi and subordinate courts in the pr
Published 11 Nov, 2010 12:00am
Aptma seeks withdrawal of six percent duty on import of PSF

Aptma seeks withdrawal of six percent duty on import of PSF

Chairman All Pakistan Textile Mills Association (APTMA) Gohar Ejaz has demanded immediate withdrawal of 6 percent import duty as well as anti-dumping duty on import of Polyester Staple Fiber (PSF) to enable textile industry to manufacture competitive blen
Published 11 Nov, 2010 12:00am
The Weather

The Weather

The weather report on Wednesday (November 10, 2010) and the forecast for Thursday (November 11, 2010).

Published 11 Nov, 2010 12:00am
APUASA holds protest meeting for release of abducted vice chancellor

APUASA holds protest meeting for release of abducted vice chancellor

On the call of All Pakistan Universities Academic Staff Association (APUASA), the Academic staff association (ASA) of Bahauddin Zakariya University Multan held a protest meeting on Wednesday for the safe release of abducted Vice Chancellor of Islamia Univ
Published 11 Nov, 2010 12:00am
CJP administers oath to acting AGP

CJP administers oath to acting AGP

The Chief Justice of Pakistan, Iftikhar Muhammad Chaudhry, on Wednesday administered the oath of office to Mohammad Ayub Khan Tarin, Additional Auditor General, as Acting Auditor General of Pakistan in simple but dignified ceremony. The Judges of the Supr
Published 11 Nov, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 11 Nov, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 11 Nov, 2010 12:00am
Sweet, candy manufacturers protest against sugar mafia

Sweet, candy manufacturers protest against sugar mafia

Confectionery and sweet manufacturers observed complete strike on Wednesday. A large number of shop owners and their workers took out a protest procession against the sugar mafia. They strongly demanded that the government should change its one sided favo
Published 11 Nov, 2010 12:00am
Bullion Rates

Bullion Rates

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

Published 11 Nov, 2010 12:00am
UVAS organises seminar on 'molecular cytogenetics'

UVAS organises seminar on 'molecular cytogenetics'

Leading scientists and professional should work hard to provide latest technology to the 70 percent small farmers and play their due role in enhancing food production of the country. This was stated by Punjab Agriculture Minister Ahmad Ali Aulakh, while a
Published 11 Nov, 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 (November 10, 2010).

Published 11 Nov, 2010 12:00am
'Traders' problems to be resolved on priority basis'

'Traders' problems to be resolved on priority basis'

Shahid Naseem Khokhar, President of Multan Chamber of Commerce & Industry (MCCI) has assured the Traders community that their problems would be resolved on priority basis. He stated this while talking to a delegation, which called on him here on Wednesday
Published 11 Nov, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 10, 2010).

Published 11 Nov, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (November 10, 2010) and for Thursday (November 11, 2010)
Published 11 Nov, 2010 12:00am
Fake universities: HEC told to depute representative

Fake universities: HEC told to depute representative

The Lahore High Court on Wednesday sought reply from Higher Education Commission (HEC) and directed its chairman to depute a representative of the commission to appear before the court on December 02.
Published 11 Nov, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 10, 2010).

Published 11 Nov, 2010 12:00am
GCU organises workshop on 'writing grant winning research proposals'

GCU organises workshop on 'writing grant winning research proposals'

Government College University Lahore on Wednesday trained the young Pakistani researchers in building sustainable research networks and writing grant winning research proposals at a two-day training workshop under the auspices of British Council-Higher Ed
Published 11 Nov, 2010 12:00am
LHC issues notices to 5 Americans

LHC issues notices to 5 Americans

A division bench of Lahore High Court (LHC) here on Wednesday issued notices to five American national Muslim convicts on a government's appeal seeking enhancement in their sentence. An anti terrorism court of Sargodha on terrorism charges awarded 10-year
Published 11 Nov, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 10, 2010).

Published 11 Nov, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 10, 2010).

Published 11 Nov, 2010 12:00am
68 Medical officers regularised

68 Medical officers regularised

Punjab Chief Minister, Shahbaz Sharif has accorded approval for immediate regularisation of the Medical Officers/Women Medical Officers having domicile of other provinces and working in Punjab on contractual basis at various government hospitals.
Published 11 Nov, 2010 12:00am
LGW enters in new phase: eight more gunned down in Karachi

LGW enters in new phase: eight more gunned down in Karachi

At least eight people were killed by unknown armed persons in different violent incidents across the city on Wednesday. As per detail, Lyari Gang War (LGW) has entered into new phase and four people have so far been lost their precious lives in ongoing sh
Published 11 Nov, 2010 12:00am
Shahbaz terms killings of Punjabis in Balochistan tragic

Shahbaz terms killings of Punjabis in Balochistan tragic

Punjab Chief Minister Shahbaz Sharif has said that Punjabis living in Balochistan are brethren of Balochis and the incidents of targeted killings of Punjabis in the province are tragic. Addressing a function in honour of students of Balochistan at the CM
Published 11 Nov, 2010 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

Mixed trend was witnessed on the currency market on Wednesday in process of trading, dealers said. The rupee shed 13 paisa against dollar for buying at 85.38 and lost 12 paisa for selling at 85.42, they said. In the third Asian trade dollar's sharp reboun
Published 11 Nov, 2010 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

Mixed trend was witnessed on the currency market on Wednesday in process of trading, dealers said. The rupee shed 13 paisa against dollar for buying at 85.38 and lost 12 paisa for selling at 85.42, they said. In the third Asian trade dollar's sharp reboun
Published 11 Nov, 2010 12:00am
Cop killed in accident

Cop killed in accident

A constable was killed in a road accident on Wednesday. According to police, constable Muhammad Akram was going to city on his motorbike (VRB-6550) when he was hit by a speeding truck coming from the opposite direction near 65-EB Bakha road. Constable Akr
Published 11 Nov, 2010 12:00am
Shelling kills 18 militants in Orakzai

Shelling kills 18 militants in Orakzai

Gunship helicopters on Wednesday pounded militants positions on Afghan border in upper Orakzai Agency and killed 18 militants, security official said. The gunship helicopters targeted militants hideouts in upper Orakzai Agency. 22 Taliban militants were i
Published 11 Nov, 2010 12:00am
QAT in Multan today

QAT in Multan today

Punjab Education Foundation (PEF) has completed the holding of Quality Assurance Test (QAT) in 35 Tehsils of 11 Districts in Punjab. According to the spokesman the QAT will be held in 190 schools of three Tehsils of Multan on Thursday (Today). The QAT act
Published 11 Nov, 2010 12:00am
Safe's seminar on Executive Leadership Forum concludes

Safe's seminar on Executive Leadership Forum concludes

South Asian Federation of Exchanges (Safe) has concluded the Executive Leadership Forum with the consensus that the corporate leadership plays a vital role in ensuring smooth working of the business affairs of corporate entities and the overall success of
Published 11 Nov, 2010 12:00am
Non-bailable arrest warrants of CE Pak-PWD, others issued

Non-bailable arrest warrants of CE Pak-PWD, others issued

Special Judge Central-I Rawalpindi Wednesday issued non-bailable arrest warrants of Chief Engineer Pak-PWD Central Zone Lahore Shahid Humayun and five officials in an alleged embezzlement of Rs 95 million by them as office bearers of Pak-PWD Employees Co-
Published 11 Nov, 2010 12:00am
P&D fails to release funds for flood relief operations

P&D fails to release funds for flood relief operations

Despite getting go-ahead signal from the Sindh government to divert 50 percent allocations of Sindh Annual Development Program 2010-11 for relief operations for flood affectees, the Sindh Planning and Development (P&D) Department has so far appeared tooth
Published 11 Nov, 2010 12:00am
Abdul Nasir Taimoori: SKAA identifies 92 new slums

Abdul Nasir Taimoori: SKAA identifies 92 new slums

A total number of Katchi Abadis has now surged to 1385 as Sindh Katchi Abadis Authority (SKAA) has identified more 92 slums established during last two years across the province. According to official data available the total number of Katchi Abadis (KA)
Published 11 Nov, 2010 12:00am
'FBR proposal for raise in SED, cut in ST just an eyewash'

'FBR proposal for raise in SED, cut in ST just an eyewash'

The proposal of the Federal Board of Revenue (FBR) to increase one percent special excise duty (SED) to two percent and reduction of sales tax rate from 17 to 15 percent under the reformed general sales tax (RGST) is just an eyewash as the accumulative im
Published 11 Nov, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Nov, 2010 12:00am
'Tight gas policy' ready to be tabled before CCI: Naveed

'Tight gas policy' ready to be tabled before CCI: Naveed

Federal Minister for Petroleum and Natural Resources Syed Naveed Qamar on Wednesday said that 'tight gas policy' is ready to be tabled before the Council of Common Interests (CCI) scheduled to meet within a month. The minister stated this while addressing
Published 11 Nov, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Nov, 2010 12:00am
Cargo bomb found in UK could have exploded over US

Cargo bomb found in UK could have exploded over US

A bomb found on board a cargo plane at a British airport last month could have exploded over the eastern seaboard of the United States if it had not been defused, British police said on Wednesday. Al Qaeda's Yemen-based wing has claimed responsibility for
Published 11 Nov, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 Nov, 2010 12:00am
China closes hundreds of Beijing lobbying offices

China closes hundreds of Beijing lobbying offices

In the great scramble for money from the central government, thousands of Chinese cities and local governments set up lobbying offices in Beijing that sprawled to include restaurants, hotels and corruption. Now Beijing is trying to get rid of them.
Published 11 Nov, 2010 12:00am
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