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Print - 2011-11-19
Euro edges up in Asia

Euro edges up in Asia

The euro edged higher on Friday as traders covered short positions after its recent drop to a five-week low, but the single currency was expected to remain in a downtrend amid fears the eurozone debt crisis is spiralling out of control. Selling pressure o
Published 19 Nov, 2011 12:00am
Euro jumps in London

Euro jumps in London

The euro rose against the dollar on Friday as speculation the European Central Bank may start lending to the International Monetary Fund to bail out bigger eurozone economies helped lift the embattled bloc's currency. The euro has been under sustained pre
Published 19 Nov, 2011 12:00am
Early trade in New York: Euro rises

Early trade in New York: Euro rises

The euro rose against the dollar on Friday on speculation the European Central Bank may start lending to the International Monetary Fund to bail out troubled eurozone economies and as Italian and Spanish bond yields retreated. Sentiment toward the euro re
Published 19 Nov, 2011 12:00am
Dollar up for fourth day

Dollar up for fourth day

The dollar advanced for a fourth straight session on Thursday in a risk-averse market that saw stocks and commodities sell off on concerns the banking and fiscal problems of the eurozone's peripheral countries could spread to healthier economies in the re
Published 19 Nov, 2011 12:00am
Australian and New Zealand dollars slip

Australian and New Zealand dollars slip

The Australian and New Zealand dollars slipped on Friday and were nursing hefty losses for the week on fears of a possible credit crunch as euro zone sovereign borrowing costs surge. The Australian dollar dropped as far as $0.9973, having pierced through
Published 19 Nov, 2011 12:00am
Indian rupee suffers worst weekly fall

Indian rupee suffers worst weekly fall

The Indian rupee lost 2.4 percent on the week, its biggest weekly slide in eight weeks, as weak local shares and demand for dollars continued to weigh, although corporate dollar sales pulled it off a 32-month low hit earlier on Friday. The partially conve
Published 19 Nov, 2011 12:00am
Emerging Asian currencies see losses

Emerging Asian currencies see losses

Most emerging Asian currencies looked set on Friday for their third consecutive week of losses, led by the Indian rupee, as Europe's deepening debt crisis continued to drive investors out of riskier assets and into the relative safety of the US dollar.
Published 19 Nov, 2011 12:00am
Money market stress indicators creep higher

Money market stress indicators creep higher

Fears that the eurozone debt crisis could evolve into a banking sector meltdown is making investors increasingly anxious about preserving their cash and pushing key indicators of money market stress higher on Friday. Euro zone cash markets were frozen for
Published 19 Nov, 2011 12:00am
Australia lead despite South Africa fightback

Australia lead despite South Africa fightback

Australia took a 30-run first innings lead despite a strong South African fightback on the second day of the second and final Test at the Wanderers Stadium on Thursday. Australia were bowled out for 296, losing all their wickets for 122 runs after an open
Published 19 Nov, 2011 12:00am
Man City upbeat after announcing record losses

Man City upbeat after announcing record losses

Premier League leaders Manchester City on Friday announced annual losses of £194.9million, the highest ever recorded in English football. Whilst accepting the vast scale of the losses, City officials were adamant it marked a low point in their financial g
Published 19 Nov, 2011 12:00am
Italy win women's volleyball title

Italy win women's volleyball title

Italy defended their World Cup women's volleyball title on Friday as Asian champions China also claimed their ticket to the London Olympics next year. The Italians whipped winless Kenya 25-6, 25-10, 25-17 for a 10-1 win-loss record but had to wait for the
Published 19 Nov, 2011 12:00am
FIFA wins appeal against FC Sion

FIFA wins appeal against FC Sion

FIFA said Friday it had won a case against FC Sion after a Swiss cantonal court upheld a decision by football's world ruling body to impose a transfer ban on six of the club's players. FIFA's ruling led to Sion's exclusion from the Europa League on Septem
Published 19 Nov, 2011 12:00am
Salman, Aamer appeals to be heard next week

Salman, Aamer appeals to be heard next week

Britain's top judge will next Wednesday hear appeals by Pakistani cricketers Salman Butt and Mohammad Aamer against their sentences for spot-fixing, a judicial official said. Lord Chief Justice Igor Judge, the head of the English judiciary, will hear thei
Published 19 Nov, 2011 12:00am
Blatter sorry for racism remarks but won't quit

Blatter sorry for racism remarks but won't quit

FIFA president Sepp Blatter apologised Friday for his "unfortunate comments" on racism in the game but rejected calls to resign as head of world football's governing body. "It hurts and I am still hurting because I couldn't envisage such a reaction," Blat
Published 19 Nov, 2011 12:00am
Latif blasts Condon over delayed fixing claims

Latif blasts Condon over delayed fixing claims

Former Pakistan captain Rashid Latif on Friday lashed out at a former ICC anti-corruption chief for taking a decade to reveal that all top international teams were involved in fixing, not just Pakistan. Paul Condon, the founding head of the International
Published 19 Nov, 2011 12:00am
Pakistan win first T20

Pakistan win first T20

Pakistan blind cricket team scored thumping 71 runs win over visiting Indian side in the first T20 match here on Friday at Bagh-e-Jinnah ground. Home team now lead the three-match series 2-1. The second match will also be played at the same venue tomorrow
Published 19 Nov, 2011 12:00am
Pakistan host India for blind series

Pakistan host India for blind series

India and Pakistan resumed cricketing ties Friday after three years - albeit at a low level - by fielding their blind teams for an international series starting with a fast-paced Twenty20. Pakistan has hosted no major international matches over security f
Published 19 Nov, 2011 12:00am
Hidayat out as Indonesia notch 100 golds

Hidayat out as Indonesia notch 100 golds

Former Olympic champion Taufik Hidayat tumbled out of the men's badminton singles at the Southeast Asian Games Friday as Indonesia took their 100th gold to extend their medals table lead. Hidayat, who won the men's singles at the 2004 Olympics, ended a mi
Published 19 Nov, 2011 12:00am
Pakistan cricket chief set for India trip

Pakistan cricket chief set for India trip

Pakistan cricket chief Zakar Ashraf said Friday he hoped to visit India next month to further efforts to revive bilateral ties stalled since terrorist attacks on Mumbai three years ago. "I have high hopes of reviving ties with India," Ashraf told AFP on t
Published 19 Nov, 2011 12:00am
Freeport sees robust copper demand by China

Freeport sees robust copper demand by China

Freeport-McMoRan Copper & Gold Inc, the world's largest publicly traded copper firm, is betting on robust Chinese copper demand to drive its industry, even as slower growth in Europe and the United States impacts some lines of business, the company's CEO
Published 19 Nov, 2011 12:00am
US copper falls

US copper falls

Copper sustained its largest one-day decline in nearly three weeks on Thursday as losses piled up late alongside an accelerated downturn in equities and on a bearish technical break that could keep prices under pressure in the near term. In New York, the
Published 19 Nov, 2011 12:00am
Shanghai copper down

Shanghai copper down

Copper fell on Friday, dragged down by rising fears of eurozone debt contagion after borrowing costs for Spain and France spiked. The most-active February copper contract on the Shanghai Futures Exchange slipped 2 percent to 55,550 yuan ($8,746.93) per to
Published 19 Nov, 2011 12:00am
Copper steadies

Copper steadies

London Metal Exchange copper prices closed almost steady on Friday with a weak dollar helping to keep at bay fears of contagion from the eurozone debt crisis, although the metal notched up a third consecutive week of losses. Benchmark copper on the London
Published 19 Nov, 2011 12:00am
Brent, US oil dip

Brent, US oil dip

Oil fell on Friday as a bout of profit-taking following big moves in spreads this week overtook early euro zone optimism. Oil gained early as the euro rose against the dollar on speculation the European Central Bank may start lending to the International
Published 19 Nov, 2011 12:00am
Tokyo, Shanghai rubber fall

Tokyo, Shanghai rubber fall

Tokyo rubber futures ended lower on Friday on profit-taking after recent rises, but prices were still supported by expectations of further intervention by major producing countries this weekend, dealers said. The benchmark rubber contract on the Tokyo Com
Published 19 Nov, 2011 12:00am
US corn down four percent

US corn down four percent

US grain futures fell on Thursday, with corn tumbling to a five-week low and wheat a four-month low, as demand slumped for American agricultural exports while Europe's spreading debt crisis kept investors cautious. Traders said the fallout from MF Global'
Published 19 Nov, 2011 12:00am
Palm oil rises

Palm oil rises

Malaysian palm oil extended earlier gains to touch a five-month high on Friday, with prices supported by lower output expectations due to a heavy monsoon and strong Chinese demand, although eurozone debt jitters limited the upside. Benchmark January palm
Published 19 Nov, 2011 12:00am
ICE cocoa hits fresh low

ICE cocoa hits fresh low

ICE cocoa hit a fresh 2-1/2 year low on Friday, while sugar arabica coffee futures edged up, supported partly by a slightly weaker dollar but concerns about the deepening debt crisis in the eurozone helped to cap gains. World stocks remained near their lo
Published 19 Nov, 2011 12:00am
US gold drops over two percent

US gold drops over two percent

Gold sustained its biggest one-day loss in nearly two months on Thursday, falling more than 2 percent as investors fearful of deepening European woes bailed on commodities and technical triggers set off sell orders. Any vestige of safe-haven buying was sw
Published 19 Nov, 2011 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold prices traded steady on Friday, on course for their biggest weekly fall in nearly two months, pressured by a firm dollar while investors stay nervous about the deepening eurozone debt crisis. Spot silver fell as much as 2.2 percent to a one-month low
Published 19 Nov, 2011 12:00am
Gold rises in London

Gold rises in London

Gold inched up on Friday helped by a weaker dollar and buying after the prior session's falls but was still on track for its largest weekly loss since September as eurozone debt contagion worries spooked investors. Silver also rose slightly after falling
Published 19 Nov, 2011 12:00am
US MIDDAY: corn sheds five percent

US MIDDAY: corn sheds five percent

US corn fell to a five-week low on Friday, dropping 5 percent for the week as export demand for corn waned and on jitters over the fate of the global economy as the eurozone debt crisis kept dominating financial headlines. Soyabeans fell 1 percent and whe
Published 19 Nov, 2011 12:00am
US MIDDAY: copper rises

US MIDDAY: copper rises

In New York, the key December COMEX contract settled up 1.95 cents at $3.4020 per lb, near the upper end of its $3.3310 to $3.4405 session range, but below its 50-day moving average and a weeks-long ascending triangle formation. "We are breaking through t
Published 19 Nov, 2011 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold fell on Friday, extending the prior session's pullback, with technical selling and margin liquidation amid losses in other markets putting the metal on track for its largest weekly loss since September. Bullion initially rose, tracking gains on Wall
Published 19 Nov, 2011 12:00am
Asif elected chairman ABAD REC North

Asif elected chairman ABAD REC North

Chief Executive Tricon Developments Limited, Asif Kamal, has been elected as the new chairman of the Association of Builders and Developers Regional Executive Committee, ABAD REC North for the term 2011-12. According to a press release issued here on Frid
Published 19 Nov, 2011 12:00am
ACCA organises Accountants for Business Global Forum

ACCA organises Accountants for Business Global Forum

ACCA Pakistan organised Accountants for Business Global Forum Pakistan 2011 on Thursday. The event aimed to surface the challenges facing businesses and in particular the accountancy profession through an exciting mix of three discussions on Risk and Rewa
Published 19 Nov, 2011 12:00am
Engro emphasises importance of implementing HSE practices

Engro emphasises importance of implementing HSE practices

Engro Fertilisers Limited hosted the 4th Annual Health, Safety, and Environmental (HSE) seminar on Thursday. The seminar aimed to create awareness among the participants on the best practices, innovative solutions and creative ideas on successful HSE comp
Published 19 Nov, 2011 12:00am
'International Productivity Congress' concludes

'International Productivity Congress' concludes

International Productivity Congress 2011 concluded on Friday with a commitment by NPO and APO officials to continue efforts to enhance productivity in various economic areas. The chief guest of the second day was Dr Ishrat Hussain, former Governor State B
Published 19 Nov, 2011 12:00am
Zong revamps website

Zong revamps website

To facilitate its customers and moving towards the goal of becoming their digital life partner through innovative services, Zong, the fastest growing network of Pakistan, has successfully revamped its website. New user-friendly features, which have been a
Published 19 Nov, 2011 12:00am
RAK FTZ to organise road show in Karachi

RAK FTZ to organise road show in Karachi

Ras Al Khaimah Free Trade Zone (RAK FTZ) is organising a two-day road show in Karachi to attract Pakistani businessmen, entrepreneurs and investors to benefit from the business opportunities available at RAK FTZ and expand their business in the region.
Published 19 Nov, 2011 12:00am
PIA employees stage protest

PIA employees stage protest

Joint Action Committee of PIA Employees (JACPIAE) demanded of the government and superior judiciary to take notice of the alleged corruption, incompetence and poor administration at the national airline as these have been pushing PIA to destruction under
Published 19 Nov, 2011 12:00am
Pak-Korea policy consultation: Bashir leads delegation for eight round

Pak-Korea policy consultation: Bashir leads delegation for eight round

Foreign Secretary, Salman Bashir led the Pakistan delegation for the 8th Round of Pakistan-Republic of Korea Policy Consultations in Seoul, while the South Korean side was headed by First Vice Minister Park Suk-hwan, says a press release issued here on Fr
Published 19 Nov, 2011 12:00am
Partly cloudy weather in city likely today

Partly cloudy weather in city likely today

Skardu remains the coldest place in the country as temperature in the northern mountainous city fell to -4 C on Friday, according to the Met Office. The office said weather in Karachi is expected to remain fair/partly cloudy with maximum temperature betwe
Published 19 Nov, 2011 12:00am
Government fails to tackle water, sanitation problems

Government fails to tackle water, sanitation problems

Issues related to the availability of clean water and proper sanitation facilities could not be taken up even after the passage of the 18th Amendment, as the provincial governments failed to take any initiative in this regard so far.
Published 19 Nov, 2011 12:00am
Illegal appointments: Supreme Court seeks reply from federation, PQA

Illegal appointments: Supreme Court seeks reply from federation, PQA

The Supreme Court (SC) on Friday sought reply from the federation and Port Qasim Authority (PQA) on 686 illegal appointments on the verbal orders of Ports and Shipping Minister, Babar Khan Ghauri in the Authority (from grade 1 to 21). However, the SC also
Published 19 Nov, 2011 12:00am
Iesco power suspension notice

Iesco power suspension notice

According to Iesco spokesman, due to electricity maintenance/development work the power supply of the areas fall under the following feeders would remain suspended as under:-
Published 19 Nov, 2011 12:00am
Abdullah Shah Ghazi's Urs continues amid tight security

Abdullah Shah Ghazi's Urs continues amid tight security

Hazrat Abdullah Shah Ghazi 'Urs' entered into the second day on Friday amid tight security. According to a private news channel, caravans from across the country have reached in a large number despite all the security concerns and threats at his shrine to
Published 19 Nov, 2011 12:00am
Revival of police help-line 15 felicitated

Revival of police help-line 15 felicitated

Chairman, Law and Order Committee of Korangi Association of Trade and Industry (Kati), Nadim Khan has expressed gratitude to Home Minister Sindh, Manzoor Hussain Wasaan for the revival of police help-line 15. He said that Wasaan during a recent meeting wi
Published 19 Nov, 2011 12:00am
Hundreds protest declaring India most favoured nation

Hundreds protest declaring India most favoured nation

On the call of Syed Munawar Hassan chief of Jamaat-e-Islami, the city Friday staged a demonstration at Chowk Hussain Agahi to protest against declaring India most favoured nation (MFN). About 150 activists of religious parties and students of religious se
Published 19 Nov, 2011 12:00am
Punjab, South Korea discuss cooperation in various sectors

Punjab, South Korea discuss cooperation in various sectors

Ambassador of South Korea Choong Joo Choi met Punjab Chief Minister Muhammad Shahbaz Sharif here on Friday and discussed matters of mutual interest as well as co-operation in transport, mining, hydle power and other sectors.
Published 19 Nov, 2011 12:00am
Pakistan, India urged to be conscious of terrorist activities

Pakistan, India urged to be conscious of terrorist activities

Speakers at a seminar said that both Pakistan and India should be conscious of the terrorist activities which could sabotage the recent trade ties which is likely to be started very soon as a result of the talks between Pakistan and India at the recently
Published 19 Nov, 2011 12:00am
'Grow more wheat campaign' to be made successful

'Grow more wheat campaign' to be made successful

Agricultural graduates in collaboration with other agricultural experts can play a very important role in making 'grow more wheat' campaign a success. This was stated by Director General Ayub Agricultural Research Institute (AARI) Dr Noor ul Islam while a
Published 19 Nov, 2011 12:00am
Another person loses life to dengue virus

Another person loses life to dengue virus

Another person lost his life due to dengue while 27 confirmed cases of the virus have been reported from across Punjab out of which eight patients were reported in Lahore. According to the report released by the health department, total number of dengue p
Published 19 Nov, 2011 12:00am
LCCI terms SRO 1012 unrealistic, unjustified

LCCI terms SRO 1012 unrealistic, unjustified

Lahore Chamber of Commerce and Industry has termed the SRO 1012 unrealistic, unjustified and urged Federal Board of Revenue to immediately withdraw it as it is bound to create more trouble for commercial importers. LCCI President, Irfan Qaiser Sheikh, in
Published 19 Nov, 2011 12:00am
Cotton arrivals show 6.92 percent increase

Cotton arrivals show 6.92 percent increase

The fortnightly phutti (seed-cotton) arrivals report, released by the Pakistan Cotton Ginners Association (PCGA), showed that around 7.968 million bales had been sourced to the country's ginners by November 15, 2011. According to the report, there has bee
Published 19 Nov, 2011 12:00am
Air Force War College team visits Wapda House

Air Force War College team visits Wapda House

Pakistan Water and Power Development Authority (Wapda) is implementing a number of projects in water and hydropower sectors. These projects, on completion, will not only help increase water storage capacity but also decrease electricity deficit in the cou
Published 19 Nov, 2011 12:00am
Aptma Chairman concerned over falling economic indicators

Aptma Chairman concerned over falling economic indicators

The Chairman of All Pakistan Textile Mills Association (Aptma), Mohsin Aziz, has expressed deep concerns over the falling economic indicators, likely to dampen the growth of textile industry further, if no timely action is taken by the authorities concern
Published 19 Nov, 2011 12:00am
Imran Khan playboy cricketer to PM?

Imran Khan playboy cricketer to PM?

The road to Imran Khan's palatial spread in the hills above Pakistan's capital is a perfect metaphor for his vision of his political career: twisty and pot-holed, but ending in a grand estate. Alone in the beginning but now surrounded by smaller buildings
Published 19 Nov, 2011 12:00am
Flood survivors: 200 solar energy models distributed

Flood survivors: 200 solar energy models distributed

A German relief agency German Aid for Afghan Children (GAAC) has distributed 200 solar energy systems amongst the affected people of the devastating flood of 2010 in the far-flung and inaccessible Kaidaam area of district Swat. It was the second distribut
Published 19 Nov, 2011 12:00am
Character building bodies formed at university level

Character building bodies formed at university level

National Accountability Bureau (NAB), Khyber Pakhtunkhwa has set-up character building societies in all universities of Khyber Pakhtunkhwa to eliminate corruption. This was stated by Director General (DG) NAB KP Brigadier Muhammad Musaddiq Abbasi (Retd) w
Published 19 Nov, 2011 12:00am
Essentials' prices show mixed trend

Essentials' prices show mixed trend

The prices of essential kitchen items have shown mixed trend during the current week compared to last week, a survey carried out by Business Recorder revealed on Friday.
Published 19 Nov, 2011 12:00am
New Vfone packages: PTCL offers lowest dialling rates

New Vfone packages: PTCL offers lowest dialling rates

Pakistan Telecommunications Company Ltd (PTCL) has maintained its competitive edge in the market by offering its customers the lowest dialling rates for its new Vfone packages. Vfone packages including Simple, Family and Unlimited, will now be available f
Published 19 Nov, 2011 12:00am
School blown up in Charsadda

School blown up in Charsadda

A state-run school was blown up by suspected Taliban militants here on Friday. According to reports, militants planted explosives inside Government High School No-1 and later blew them up with automated devices. No loss of life was reported as the attack
Published 19 Nov, 2011 12:00am
Customs Collectorates to remain open today

Customs Collectorates to remain open today

The Federal Board of Revenue (FBR) ordered that all the Model Customs Collectorates shall remain open on Saturday 19th November 2011 as normal working day in order to facilitate the trade and industry in getting their cargo cleared for imports and exports
Published 19 Nov, 2011 12:00am
'Overstaffed DHQs lack psychiatry and physiotherapy services'

'Overstaffed DHQs lack psychiatry and physiotherapy services'

A Free and Fair Election Network (FAFEN) monitoring report on Friday said several cases of overstaffing for administrative, support staff and other positions were observed in 55 District Headquarters Hospitals (DHQs) across Pakistan in September this year
Published 19 Nov, 2011 12:00am
PTA has no specific rules to regulate SMS

PTA has no specific rules to regulate SMS

Pakistan Telecommunication Authority (PTA) has no specific rules to regulate Short Message Service (SMS) aiming at social or political motives. No approval is required from PTA to launch any kind of campaign, whether social or political, through SMS servi
Published 19 Nov, 2011 12:00am
'ECO CCI meetings to go a long way in promoting trade ties'

'ECO CCI meetings to go a long way in promoting trade ties'

The forthcoming Economic Co-operation Organisation Chamber of Commerce and Industry (ECO CCI) Executive Committee Meeting and other specialised Committee Meetings which are being held at Karachi from 19 to 21 November will go a long way in promotion of tr
Published 19 Nov, 2011 12:00am
Winds of change

Winds of change

The threat Pakistan faces from the global climate change is becoming increasingly apparent. Recently, Maple Croft, an organisation, which maps over 100 global risks, downgraded Pakistan's ranking on its Climate Change Vulnerability Index from 29 in 2009-1
Published 19 Nov, 2011 12:00am
Traffic deaths soar on India's chaotic streets

Traffic deaths soar on India's chaotic streets

When Formula 1 recently made its debut in India, even hardened race car drivers were overwhelmed by the traffic chaos on the streets of the host nation. "This is unbelievable," driver Nico Rosberg told the German radio station ARD at the Grand Prix of Ind
Published 19 Nov, 2011 12:00am
Trouble lurks for Indonesia's 'last paradise'

Trouble lurks for Indonesia's 'last paradise'

Huts on stilts perch above the coral of the turquoise lagoon, hammocks awaiting a lazy siesta and sunset cocktails. The Indonesian archipelago of Raja Ampat is a living Eden. But for how long? This remote pearl of Asia between the Pacific and Indian ocean
Published 19 Nov, 2011 12:00am
Liberal governance or dysfunctional government?

Liberal governance or dysfunctional government?

In the last week's article I had analysed some aspects of the neo-liberal policies and had come to the conclusion on some aspects of liberalism and what it meant for Pakistan. Liberalism requires an internal combustion engine in the powerful sectors of th
Published 19 Nov, 2011 12:00am
US should leave Afghanistan

US should leave Afghanistan

Addressing the inaugural session of a 'Loya jirga' in Kabul on Wednesday President Hamid Karzai tried to sell what he described as a strategic partnership deal with the US to govern Afghan -American relations after the withdrawal of Nato combat troops in
Published 19 Nov, 2011 12:00am
No to CDS on sovereign bonds

No to CDS on sovereign bonds

The global financial landscape is changing with the emerging realities. Financial activities, once considered normal or hardly noticeable, are coming under greater scrutiny to check increasing instability and restore acceptable standards of behaviour. The
Published 19 Nov, 2011 12:00am
PMA and PDF arrange condolence meeting

PMA and PDF arrange condolence meeting

Pakistan Medical Association (PMA), Sindh, and Peoples Doctors Forum (PDF) arranged a condolence meeting to mourn recent killing of three of their co-professionals, said a press release issued on Friday. Doctors on the occasion demanded of the authorities
Published 19 Nov, 2011 12:00am
Prime Minister approves promotion of officers

Prime Minister approves promotion of officers

Prime Minister, Syed Yousuf Raza Gilani, on the recommendations of the central selection board, has approved the promotion of following officers belonging to the services/groups mentioned below. Foreign Service of Pakistan (from BS- 19 to BS-20): Zahid Al
Published 19 Nov, 2011 12:00am
Nadra disburses Rs 5.126 billion to rain-hit families

Nadra disburses Rs 5.126 billion to rain-hit families

National Database and Registration Authority (Nadra) has so far disbursed Rs 5,126,593,825 through 637,164 Pakistan Cards to heads of the rain-affected families in Sindh. General Manager, Nadra Sindh, Brigadier Zahid Hussain (Retd) stated this in a statem
Published 19 Nov, 2011 12:00am
ADP 2011-12: Sindh finance department releases Rs 24.94 billion

ADP 2011-12: Sindh finance department releases Rs 24.94 billion

Sindh Finance Department has released Rs 24.94 billion out of Rs 111 billion allocated for Annual Development Programme 2011-12 (ADP) to various departments for development schemes within the period of four and a half months. Well-placed sources told B
Published 19 Nov, 2011 12:00am
Reactivation of Madadgar Help-line next month

Reactivation of Madadgar Help-line next month

Sindh Police have decided to reactivate Madadgar 15 help-line centres in various localities of the metropolis to tackle different crimes including street crimes and dacoities/robberies and terrorism. Inspector General of Police, Mushtaq Ahmed Shah has for
Published 19 Nov, 2011 12:00am
NIT to set up kiosk at Aga Khan Health Mela

NIT to set up kiosk at Aga Khan Health Mela

In continuation to introduce NIT funds, its advantages and tax benefits, NIT is setting a kiosk at Aga Khan Health Mela on November 20th, 2011 at Aga Khan Gymkhana Football Ground, Karachi. Informative Kiosks are being organised at provincial and federal
Published 19 Nov, 2011 12:00am
'Alarming rise in NPLs will adversely affect textile industry'

'Alarming rise in NPLs will adversely affect textile industry'

Lamenting on the State Bank of Pakistan report that NPLs had recorded an abnormal surge by 24 percent from Rs 494 billion to Rs 629 billion only in one year, M. Jawed Bilwani, Chairman, Pakistan Apparel Forum, has serious apprehensions that this would pro
Published 19 Nov, 2011 12:00am
Conference on 'Financial Services & Consumer' on November 22

Conference on 'Financial Services & Consumer' on November 22

A one day conference on "Financial Services & Consumer" is being organised by Consumer Association of Pakistan (CAP) on 22 November 2011 at Pearl Continental Hotel, Karachi to highlight the problems faced by the consumer in financial and banking services.
Published 19 Nov, 2011 12:00am
Slowdown in housing industry telling on steel re-rolling sector

Slowdown in housing industry telling on steel re-rolling sector

The slowdown in housing and construction industry has created chain reaction in steel re-rolling industry, which, though at present working at 60 percent capacity, is still paying Rs 2 billion to Rs 2.5 billion annually in taxes to the government. The iss
Published 19 Nov, 2011 12:00am
Sindh University pre-entry test

Sindh University pre-entry test

Pre entry test for admissions to all disciplines under bachelors degree programme at the University of Sindh for academic session 2012 will be conducted on Saturday, November, 19 at 9.00 am. The test will be conducted at the faculty of arts, institute of
Published 19 Nov, 2011 12:00am
Two more dengue cases reported in Karachi

Two more dengue cases reported in Karachi

Two more dengue fever cases were reported in Karachi on Friday raising the number of confirmed dengue patients in the province to 982 during the ongoing year. Sindh Health Department's Dengue Surveillance Cell informed that currently 29 dengue patients ha
Published 19 Nov, 2011 12:00am
US to provide security gadgets to Sindh police

US to provide security gadgets to Sindh police

A US delegation led by Consul General William Martin held a meeting with Sindh Home Minister Manzoor Hussain Wassan at his residence here on Friday. The delegation including Director of the office of Afghanistan and Pakistan Affairs, Bureau of Internation
Published 19 Nov, 2011 12:00am
Two ships arrive with 75,000MT urea

Two ships arrive with 75,000MT urea

Two ships, MV Hyderabad carrying 50,000MT urea and MV Pollux carrying 25,000MT urea arrived here at the Gwadar Port on Friday. According to a press release, another Vessel MV Great Mary from UAE carrying 25,000MT Urea will arrive by 22nd November, 2011. T
Published 19 Nov, 2011 12:00am
'Unicef to help displaced children in flood-hit areas'

'Unicef to help displaced children in flood-hit areas'

Unicef will work with the non governmental, governmental and United Nations agencies to respond to the needs of the displaced children living in camps and host communities especially in flood areas. Talking to newsmen on Friday an official of Unicef said
Published 19 Nov, 2011 12:00am
IGP directed to submit security plan for courts

IGP directed to submit security plan for courts

Chief Justice Lahore High Court on Friday hearing a case against four murders in the premises of Rawalpindi district courts, directed Punjab Inspector General of Police to submit a comprehensive security plan for all courts in the province till November 2
Published 19 Nov, 2011 12:00am
CAREC ministers to mark decade of achievement next week in Baku

CAREC ministers to mark decade of achievement next week in Baku

Ministers from 10 countries spanning the Caucuses, and Central, East and South Asia will gather next week in Baku (Azerbaijan) to mark a decade of achievement, including 17 billion dollars of investments in energy, trade and transportation under the Centr
Published 19 Nov, 2011 12:00am
Politician's assets: LHC seeks details of NAB investigation

Politician's assets: LHC seeks details of NAB investigation

The Lahore High Court (LHC) here on Friday directed law officer to apprise about investigation entrusted to the National Accountability Bureau (NAB) by a bench of the LHC in late 90s with regard to assets accumulated by politicians by November 28. The cou
Published 19 Nov, 2011 12:00am
'Herbal medicines to be included in drug regulation laws'

'Herbal medicines to be included in drug regulation laws'

The Senate's Special Committee on Formation of Drugs Regulatory Authority (DRA) will initiate the process of including herbal, ayurvedic, homeo and greek medicines in the drug regulation laws of the country. Talking to APP, Convenor of the committee, Sena
Published 19 Nov, 2011 12:00am
KBP for action against black-marketing mafia

KBP for action against black-marketing mafia

Kisan Board Pakistan (KBP) has urged the government to utilise all the available resources and official machinery to implement its announcement of provision of regular and uninterrupted gas supply to fertiliser manufacturing units. KBP welcoming the state
Published 19 Nov, 2011 12:00am
Railways to install interlocking system based on computer

Railways to install interlocking system based on computer

Pakistan Railways (PR) would install a computer based interlocking system with colour light signals and electric point machines at 54 stations. The colour light signals would be provided at 31-railway station while 23 stations would be equipped with elect
Published 19 Nov, 2011 12:00am
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