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Print - 2011-08-18
PQA in process of awarding second oil terminal without tendering

PQA in process of awarding second oil terminal without tendering

The Port Qasim Authority (PQA) is in the process of awarding second oil terminal to Fotco, without open tendering, according to a complaint received by Transparency International-Pakistan. The complaint pertains to the alleged 'illegal award' of oil termi
Published 18 Aug, 2011 12:00am
Admissions dates extended

Admissions dates extended

University of Karachi has extended the dates of admissions in B.Ed and M.Ed till September 16, 2011. The candidates, who are keen to take admissions, may also contact at colleges affiliated with University of Karachi.
Published 18 Aug, 2011 12:00am
Arrest of lawyers: LHC adjourns proceeding to September 15

Arrest of lawyers: LHC adjourns proceeding to September 15

The Lahore High Court (LHC) here on Wednesday adjourned to September 15 the proceedings in a petition against arrest of dozens of lawyers during protest against DPO, as the law officer informed the court that the matter has been settled. The law officer s
Published 18 Aug, 2011 12:00am
Call for fixing minimum 45 percent gap in CNG, petrol prices

Call for fixing minimum 45 percent gap in CNG, petrol prices

Gurus of CNG sector have strongly urged the government to maintain at least 45 percent price difference parity between CNG and petrol. This was stated by the leaders of All Pakistan CNG Association, CNG Dealers Association and CNG Owners Association inclu
Published 18 Aug, 2011 12:00am
Honoured with Hilal-e-Imtiaz: textile industry hails chairman Aptma

Honoured with Hilal-e-Imtiaz: textile industry hails chairman Aptma

Textile industry has hailed Chairman All Pakistan Textile Mills Association (Aptma) Gohar Ejaz for being honoured with Hilal-I-Imtiaz, the highest civil award, on Pakistan Day. They said it is for the first time in the business history of Pakistan that an
Published 18 Aug, 2011 12:00am
Businessmen frightened of rising extortion in Ramazan

Businessmen frightened of rising extortion in Ramazan

Businessmen are frightened over the rising trend of extortion's during Ramazan from various political and religious parties in the metropolis, saying it is difficult for them to carry on trade amid threats and violence. "At least three teams of each influ
Published 18 Aug, 2011 12:00am
People's cooperation must to tackle dengue threat

People's cooperation must to tackle dengue threat

Dengue is public health problem and this threat could be overcome through people's co-operation. Masses should ensure that there is no stranded water in room coolers, wash rooms, tubs or their plants pots moreover insect killer spray be under taken in hou
Published 18 Aug, 2011 12:00am
Islamic Relief hosts 'Iftar with orphans'

Islamic Relief hosts 'Iftar with orphans'

Islamic Relief hosted an "Iftar with Orphans" to celebrate the achievements of the 2,400 orphans it sponsors in Azad Kashmir and Pakistan. Representatives from civil society, the diplomatic community, heads of INGOs and government officials attended the I
Published 18 Aug, 2011 12:00am
Musical instruments industry seeks special incentives

Musical instruments industry seeks special incentives

Business Community engaged with musical instruments industry seeks government special attention and support for the modernisation and up-gradation of the industry and demanded special incentives and concessions for enhancing export of musical instruments.
Published 18 Aug, 2011 12:00am
Khyber Pakhtunkhwa government committed to alleviating poverty

Khyber Pakhtunkhwa government committed to alleviating poverty

Chief Minister Khyber Pakhtunkhwa, Ameer Haider Khan Hoti has said the provincial government besides taking practical steps to eradicate terrorism and militancy is also committed to alleviate poverty. "Bacha Khan Khpal Rozgar Scheme, scholarship programme
Published 18 Aug, 2011 12:00am
Corruption case of NFC: LHC seeks reply from respondents

Corruption case of NFC: LHC seeks reply from respondents

The Lahore High Court (LHC) adjourned hearing and sought reply from the respondents till August 24 in a corruption case of National Fertiliser Corporation (NFC). The petitioner Ahmed Ali Ranjha contended that the NFC officials were involved in black marke
Published 18 Aug, 2011 12:00am
UK riots: family members of Pakistani victims granted visa

UK riots: family members of Pakistani victims granted visa

The family members of two young Pakistani brothers, residents of Gulliana village, Gujar Khan Tehsil, who were murdered in Braminghom last week during riots, have been granted visa to visit the United Kingdom (UK). The visas have been issued on personal i
Published 18 Aug, 2011 12:00am
Government to train officials of IPO enforcement committee

Government to train officials of IPO enforcement committee

The government has decided to train the officials of the enforcement committee of the Intellectual Property Organisation (IPO) about the functions/duties of the Federal Investigation Agency (FIA), Police and Customs to deal with piracy and counterfeiting
Published 18 Aug, 2011 12:00am
FBR to process all unpaid claims of SED drawback

FBR to process all unpaid claims of SED drawback

The Federal Board of Revenue (FBR) has decided to process all unpaid claims of special excise duty (SED) drawbacks paid on export following clearance of the Sales Tax Automated Refund Repository System (STARR), a system used for processing sales tax refun
Published 18 Aug, 2011 12:00am
World Humanitarian Day to be observed on August 19

World Humanitarian Day to be observed on August 19

The United Nations'(UN) World Humanitarian Day to be observed on August 19 over the world including Pakistan to increase public awareness about humanitarian assistance activities world-wide and the importance of international co-operation. World Humanitar
Published 18 Aug, 2011 12:00am
Amendments to FCR Act: PML-N leader criticises government

Amendments to FCR Act: PML-N leader criticises government

Provincial Leader of Pakistan Muslim League-Nawaz (PML-N), Anwar Kamal Marwat has criticised the government for not taking political parties on board regarding amendments to Frontier Crime Regulation (FCR) Act. Speaking at a news conference here on Wednes
Published 18 Aug, 2011 12:00am
Pakistani cardiologist honoured in US

Pakistani cardiologist honoured in US

An Allama Iqbal Medical College (AIMC) alumnus Dr Ahmed Ijaz Shah has been recognised for his contribution to healthcare by a newspaper in the United States. The Macon Telegraph featured Dr Ahmed Ijaz Shah (graduate of AIMC session 1995-96) a cardiologist
Published 18 Aug, 2011 12:00am
145 flood relief camps set up in Badin

145 flood relief camps set up in Badin

Pakistan People's Party leader, Taj Haider on Wednesday said that about 300,000 families were affected from floods in Sindh and 145 flood relief camps have so far been set up only in Badin to provide shelter to the affectees. Talking to Voice Of America (
Published 18 Aug, 2011 12:00am
Domestic laws need to be implemented for disabled people

Domestic laws need to be implemented for disabled people

The people with disabilities face hatred, discrimination, violence, deprivation and injustice in Pakistan because domestic laws are not implemented. "Pakistan is legally bound as per UN international law CRPD to take practical measures for creating better
Published 18 Aug, 2011 12:00am
DG PBIT welcomes Turkish delegation

DG PBIT welcomes Turkish delegation

Punjab Board of Investment and Trade (PBIT) hosted a 10 member delegation from Turkey, which arrived in Lahore to assist Pakistan develop new energy projects. The delegation, which comprises experts from three prominent Turkish government organisations, n
Published 18 Aug, 2011 12:00am
Floodwater inundates over 50 villages in Thatta

Floodwater inundates over 50 villages in Thatta

More than 50 villages were inundated when floodwater coming from Badin saline nullahs entered in two tehsils of Thatta on Wednesday. According to reports, floodwater has changed its course towards Thatta district and has breached saline nullahs of two teh
Published 18 Aug, 2011 12:00am
Free medical camps organised in rain-affected areas

Free medical camps organised in rain-affected areas

On the directives of Professor Dr Naushad Ahmed Shaikh, Vice Chancellor of Liaquat University of Medical and Health Sciences (LUMHS) Jamshoro, the free medical camps were organised in rain-affected areas of Mirpurkhas, Jhudo and Kot Mir Jan Muhammad.
Published 18 Aug, 2011 12:00am
Setting up of PDCs on the cards

Setting up of PDCs on the cards

Federal government is actively considering establishing "Product Development Centre" (PDC) for Composite Based Sports Goods in Sialkot costing Rs 373.466 million and work on this proposed project would be undertaken in near future.
Published 18 Aug, 2011 12:00am
Escape bid foiled

Escape bid foiled

Police foiled attempts of the two accused who were trying to escape from the Lahore High Court premise here on Wednesday after the cancellation of their bails. The accused Alam Sher and Talib Hussain of Hafizabad were involved in dacoity and theft cases.
Published 18 Aug, 2011 12:00am
FCPS training to commence at Nawaz social hospital

FCPS training to commence at Nawaz social hospital

Punjab Labour Minister Haji Ehsaan-ud-Din Qureshi has said that FCPS part II training will be commenced at Nawaz Sharif Social Security Hospital Multan Road, Lahore and Nawaz Sharif Postgraduate Institute of Medical Sciences will be setup at the hospital
Published 18 Aug, 2011 12:00am
Government blamed for apathetic attitude on vital issues

Government blamed for apathetic attitude on vital issues

Secretary Information Senator, Pakistan Muslim League-Nawaz, Mushahid Ullah Khan on Wednesday said PPP leadership is showing non-serious attitude on all vital national and international issues therefore the nation is facing many challenges. Talking to jou
Published 18 Aug, 2011 12:00am
3,143 terrorists arrested during last three years

3,143 terrorists arrested during last three years

A total of 3143 terrorists have been arrested and 4240 weapons seized during the last three years. According to documents available with Business Recorder, Khyber Pakhtunkhwa is at the top of the list in terms of arrests of terrorists.
Published 18 Aug, 2011 12:00am
EFT team leaves for Naukot Fort

EFT team leaves for Naukot Fort

In response to media reports regarding the damage to the Naukot Fort, a team of the Endowment Fund Trust (EFT) for the Preservation of the Heritage of Sindh, on the advice of its Managing Trustee Hameed Haroon, left for Naukot on Wednesday.
Published 18 Aug, 2011 12:00am
EFT team leaves for Naukot Fort

EFT team leaves for Naukot Fort

In response to media reports regarding the damage to the Naukot Fort, a team of the Endowment Fund Trust (EFT) for the Preservation of the Heritage of Sindh, on the advice of its Managing Trustee Hameed Haroon, left for Naukot on Wednesday.
Published 18 Aug, 2011 12:00am
Idea of establishing federation of textile industry hailed

Idea of establishing federation of textile industry hailed

The textile industry circles have hailed the idea of establishment of federation of textile industry, as it is the need of the hour to meet the challenges. They said that the regional competitors have taken the lead in this respect, constituting effective
Published 18 Aug, 2011 12:00am
'SSHs to be affiliated with various hospitals'

'SSHs to be affiliated with various hospitals'

Punjab Labour Minister Haji Ehsaanuddin Qureshi has said social security hospitals (SSHs) will be affiliated with various hospitals while terms and conditions are being formulated in this regard. Talking to delegations of labourers on Wednesday, he said f
Published 18 Aug, 2011 12:00am
Iftikhar Ahmad assumes charge as PARC chairman

Iftikhar Ahmad assumes charge as PARC chairman

According to the notification of the Ministry of Science and Technology (MoST), Dr Iftikhar Ahmad, Director General, NARC has assumed the charge of Chairman, Pakistan Agricultural Research Council (PARC). It is to be noted that Dr Muhammad Iftikhar Ahmed
Published 18 Aug, 2011 12:00am
Strategic Planning Centre inaugurated in Khyber Pakhtunkhwa

Strategic Planning Centre inaugurated in Khyber Pakhtunkhwa

The Planning and Development Department Khyber Pakhtunkhwa on Wednesday inaugurated the Strategic Planning Centre in the province. The ceremony was held here in the secretariat and Additional Chief Secretary Attaullah Khan performed the ribbon cutting cer
Published 18 Aug, 2011 12:00am
'Punjab livestock department to take benefit from UVAS research works'

'Punjab livestock department to take benefit from UVAS research works'

Punjab Livestock Department will take benefit from indigenous research being conducted by University of Veterinary and Animal Sciences to boost production in livestock and poultry sectors. This was stated by Punjab Livestock and Dairy Development Secretar
Published 18 Aug, 2011 12:00am
Ibad calls on Gilani

Ibad calls on Gilani

Sindh Governor Dr Ishratul Ibad Khan on Wednesday called on Prime Minister Syed Yousuf Raza Gilani in Islamabad and discussed law and order situation in the province, it was officially stated. The process of political reconciliation between the PPP and th
Published 18 Aug, 2011 12:00am
Seasonal, swine flu vaccination must for Hajj pilgrims

Seasonal, swine flu vaccination must for Hajj pilgrims

Seasonal and swine flu vaccination have made mandatory for intending Hajj pilgrims to protect them from viral diseases. An official of Ministry of Religious Affairs talking to APP said as per directives of the Saudi authorities the intending pilgrims woul
Published 18 Aug, 2011 12:00am
One gunned down in Kohlu

One gunned down in Kohlu

Unidentified armed men gunned down a person on suburb of Kohlu on Tuesday night. "Unidentified gunmen opened fire at one identified as Munir Ahmed son of Shair Muhammad in Lasezai area," police said on Wednesday. The victim succumbed to his injuries on th
Published 18 Aug, 2011 12:00am
'Pakistan has highest rate of breast cancer in Asia'

'Pakistan has highest rate of breast cancer in Asia'

Pakistan has the highest rate of breast cancer in the whole of Asia. In order to launch a consolidated awareness campaign the Higher Education Commission will join hands with Pink Ribbon Pakistan to bring about creating awareness of the deadly disease as
Published 18 Aug, 2011 12:00am
LUMHS notification

LUMHS notification

The Additional Controller of Examinations Liaquat University of Medical and Health Sciences (LUMHS) Jamshoro informed here on Wednesday that MCQ Theory Programme of Final Professional BDS Annual Examinations 2011 will be conducted from September 19.
Published 18 Aug, 2011 12:00am
Unification Block leader hosts Iftar reception

Unification Block leader hosts Iftar reception

PML-Q (Unification Block) parliamentary leader in Punjab Assembly Dr Tahir Ali Javed and newly elected Member Legislative Assembly Azad Jammu Kashmir Dr Fouzia Ashraf hosted an Iftar dinner at their residence in honour of former Prime Minister AJK and Opp
Published 18 Aug, 2011 12:00am
Woman commits suicide

Woman commits suicide

A woman committed suicide over a domestic dispute on Wednesday. Police said Jamilan Bibi, a resident of Islampura, took poisonous pills after dispute with her husband over a domestic issue and ended her own life.
Published 18 Aug, 2011 12:00am
Qasr-e-Behbood Model Town extension work completed

Qasr-e-Behbood Model Town extension work completed

The extension work of Qasr-e-Behbood Model Town has been completed and electricity will soon be provided to the new building. This was stated by Director General Social Welfare Malik Muhammad Aslam during his visit to Qasr-e-Behbood Model Town, on Wednesd
Published 18 Aug, 2011 12:00am
Power shortfall drops to 2,443 megawatts

Power shortfall drops to 2,443 megawatts

The electricity shortfall in the country on Wednesday dropped to 2,443 MW, as the total power generation was recorded as 14,558 MW against the demand of 17,001 MW during the last 24 hours. According to a briefing on daily power generation and load-managem
Published 18 Aug, 2011 12:00am
President, King Hamad agree to further bolster ties

President, King Hamad agree to further bolster ties

President Asif Ali Zardari and King Hamad bin Isa Al Khalifa of Bahrain on Wednesday agreed upon further promoting the existing Pakistan-Bahrain bilateral ties through enhanced economic interactions, promotion and facilitation of business community, provi
Published 18 Aug, 2011 12:00am
FBR issues objectives, mandates of five sub-groups of TRCG

FBR issues objectives, mandates of five sub-groups of TRCG

The Federal Board of Revenue (FBR) issued the objectives and mandates of the five sub-groups of the Tax Reform Co-ordination Group (TRCG) including implementation plan of these sub-groups for working out realistic revenue estimates for 2011-2012 to broade
Published 18 Aug, 2011 12:00am
One dies of burns in Chaman

One dies of burns in Chaman

A man has been killed in an incident of fire on suburb of Chaman last night. "A man sustained serious burn injuries when makeshift huts caught fire in Gangmandi area of Chaman," police said on Wednesday. The victim succumbed to his injuries on the way to
Published 18 Aug, 2011 12:00am
The Weather

The Weather

The weather report on Wednesday (August 17, 2011) and the forecast for Thursday (August 18, 2011).

Published 18 Aug, 2011 12:00am
Function to celebrate Indonesia's Independence Day held

Function to celebrate Indonesia's Independence Day held

Indonesian Embassy on Wednesday organised a function on the eve of 66th Independence Day of Indonesia here at a local hotel. Federal Minister for Information and Broadcasting Firdous Ashiq Awan was chief guest. Ambassador of the Republic of Indonesia Isha
Published 18 Aug, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 17, 2011).

Published 18 Aug, 2011 12:00am
British HC calls on Foreign Minister

British HC calls on Foreign Minister

British High Commissioner Adam Thomson called on Foreign Minister Hina Rabbani Khar on Wednesday and discussed the entire gamut of Pakistan-UK bilateral relations as well as the regional situation. The foreign minister underlined, "Pak-UK Enhanced Strateg
Published 18 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 18 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 18 Aug, 2011 12:00am
TRCG gives estimate of around Rs 1,870 billion as collection target

TRCG gives estimate of around Rs 1,870 billion as collection target

Revenue Performance Group of the Tax Reform Co-ordination Group (TRCG) has given preliminary estimate of around Rs 1870 billion as revenue collection target for the Federal Board of Revenue (FBR) during 2011-2012. Sources told Business Recorder her
Published 18 Aug, 2011 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 (August 17, 2011).

Published 18 Aug, 2011 12:00am
AJK government to chalk out industrial uplift plan

AJK government to chalk out industrial uplift plan

A comprehensive phased plan was being chalked out by the AJK government to encourage and promote foreign investment in trade and industrial sectors of the state, official sources said. The sources told newsmen here on Wednesday that AJK government had alr
Published 18 Aug, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (August 17, 2011).

Published 18 Aug, 2011 12:00am
Zardari condemns murder of Karim Dad

Zardari condemns murder of Karim Dad

President Asif Ali Zardari on Wednesday strongly condemned the killing of former member of National Assembly Waja Ahmad Karim Dad Baloch, who was shot dead by unknown assailants in Karachi today. President Zardari in a condolence message expressed his dee
Published 18 Aug, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (August 17, 2011) and for Thursday (August 18, 2011).
Published 18 Aug, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (August 17, 2011).

Published 18 Aug, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (August 17, 2011).

Published 18 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 17, 2011).

Published 18 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 17, 2011).

Published 18 Aug, 2011 12:00am
MoI&P seeks additional subsidy of Rs 500 million for Ramazan

MoI&P seeks additional subsidy of Rs 500 million for Ramazan

Ministry of Industries and Production has requested the Economic Co-ordination Committee (ECC) of the Cabinet for approval of an additional subsidy of Rs 500 million for the month of Ramazan, it was reliably learnt.
Published 18 Aug, 2011 12:00am
MoI&P seeks additional subsidy of Rs 500 million for Ramazan

MoI&P seeks additional subsidy of Rs 500 million for Ramazan

Ministry of Industries and Production has requested the Economic Co-ordination Committee (ECC) of the Cabinet for approval of an additional subsidy of Rs 500 million for the month of Ramazan, it was reliably learnt.
Published 18 Aug, 2011 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

Rates moved both ways on the currency market on Wednesday in process of trading, dealers said. The rupee shed 10 paisa against dollar for buying at 86.68 and dropped by seven paisa for selling at 86.70, they said.
Published 18 Aug, 2011 12:00am
MoI&P seeks additional subsidy of Rs 500 million for Ramazan

MoI&P seeks additional subsidy of Rs 500 million for Ramazan

Ministry of Industries and Production has requested the Economic Co-ordination Committee (ECC) of the Cabinet for approval of an additional subsidy of Rs 500 million for the month of Ramazan, it was reliably learnt.
Published 18 Aug, 2011 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

Rates moved both ways on the currency market on Wednesday in process of trading, dealers said. The rupee shed 10 paisa against dollar for buying at 86.68 and dropped by seven paisa for selling at 86.70, they said.
Published 18 Aug, 2011 12:00am
Egypt, US postpone military exercise

Egypt, US postpone military exercise

The United States and Egypt have decided to cancel a major military exercise this year due to the country's unsettled political climate, US officials said Wednesday. The exercise, dubbed "Bright Star," normally takes place every two years but will not be
Published 18 Aug, 2011 12:00am
Egypt, US postpone military exercise

Egypt, US postpone military exercise

The United States and Egypt have decided to cancel a major military exercise this year due to the country's unsettled political climate, US officials said Wednesday. The exercise, dubbed "Bright Star," normally takes place every two years but will not be
Published 18 Aug, 2011 12:00am
Australian wages rise, productivity a worry

Australian wages rise, productivity a worry

Australian wages posted a solid rise last quarter in an important support for household incomes, but wage growth also risks becoming an increasing source of inflationary pressure given the country''s dire productivity performance. The government''s main m
Published 18 Aug, 2011 12:00am
Australian wages rise, productivity a worry

Australian wages rise, productivity a worry

Australian wages posted a solid rise last quarter in an important support for household incomes, but wage growth also risks becoming an increasing source of inflationary pressure given the country's dire productivity performance. The government's main mea
Published 18 Aug, 2011 12:00am
Australian wages rise, productivity a worry

Australian wages rise, productivity a worry

Australian wages posted a solid rise last quarter in an important support for household incomes, but wage growth also risks becoming an increasing source of inflationary pressure given the country's dire productivity performance. The government's main mea
Published 18 Aug, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (August 17, 2011).

Published 18 Aug, 2011 12:00am
PIBs auction: bids worth Rs 41.2 billion accepted

PIBs auction: bids worth Rs 41.2 billion accepted

The State Bank of Pakistan on Wednesday conducted auction of Pakistan Investment Bonds (PIBs) and accepted bids worth Rs 41.2 billion with a realised amount of Rs 38.31 billion. The SBP received Rs 67.217 billion with a realised value of Rs 62.233 billion
Published 18 Aug, 2011 12:00am
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