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Print - 2012-02-01
North Korea must boost ties with South: US

North Korea must boost ties with South: US

The top US diplomat for East Asia told North Korea's new leaders Tuesday that they must improve relations with South Korea if they want better ties with the wider world. Assistant Secretary of State Kurt Campbell said there is "hope in diplomacy" but stre
Published 01 Feb, 2012 12:00am
Iran launches Spanish channel

Iran launches Spanish channel

President Mahmoud Ahmadinejad on Tuesday officially launched Iran's latest foreign-language news channel, a 24-hour satellite broadcaster aimed at Spanish speakers world-wide. "Viva España, viva America Latina," he said in Spanish at the end of a televise
Published 01 Feb, 2012 12:00am
IAEA wraps up talks in Iran, no sign of breakthrough

IAEA wraps up talks in Iran, no sign of breakthrough

Three days of talks between a visiting IAEA delegation and Iranian officials wrapped up late on Tuesday with no sign of any breakthrough on tensions over Tehran's nuclear programme, media reported. Both sides "agreed on continuing the talks," the Fars and
Published 01 Feb, 2012 12:00am
Egyptian Bedouins seize 25 Chinese workers

Egyptian Bedouins seize 25 Chinese workers

Egyptian Bedouins on Tuesday captured 25 Chinese workers in Sinai to demand the release of Islamist relatives detained over bombings in the peninsula between 2004 and 2006, a security official said. The Chinese nationals, technicians and engineers who wor
Published 01 Feb, 2012 12:00am
Ban calls for 'goodwill gestures' by Israel

Ban calls for 'goodwill gestures' by Israel

UN leader Ban Ki-moon called on Tuesday for "goodwill gestures" by Israel to encourage the Palestinians to revive the Middle East peace process, ahead of talks with leaders from the two sides. Speaking after meeting with Jordanian leaders, Ban did not say
Published 01 Feb, 2012 12:00am
Iraq says US needs its permission for drones

Iraq says US needs its permission for drones

Washington must obtain Baghdad's permission to use drones to watch over US facilities in Iraq, the Iraqi government spokesman said on Tuesday, adding he does not believe such a request has yet been made. US President Barack Obama spoke about surveillance
Published 01 Feb, 2012 12:00am
Sindh University syndicate election on February 29

Sindh University syndicate election on February 29

The University of Sindh announced on Tuesday that the election for four members among the University teachers on syndicate would be held on February 29. According to notification, the candidates can submit their nomination papers up to February 07 up to 1
Published 01 Feb, 2012 12:00am
Bakhtiar Domki's family: Balochistan Assembly seeks arrest of killers

Bakhtiar Domki's family: Balochistan Assembly seeks arrest of killers

The lawmakers of the Balochistan Assembly on Tuesday passed a resolution demanding of the Federal and Sindh governments to ensure arrest of killers of MPA Mir Bakhtiar Khan Domki's wife, his daughter and their driver. Speaker Muhammad Aslam Bhootani chair
Published 01 Feb, 2012 12:00am
PML-N to protest against POL prices hike in National Assembly

PML-N to protest against POL prices hike in National Assembly

Pakistan Muslim League-Nawaz (PML-N) has decided to register strong protest in National Assembly today (Wednesday) against the increase in petroleum products' prices. Sources in PML-N said that the party would register strong protest in the House against
Published 01 Feb, 2012 12:00am
Army chief witnesses training exercise in Bahawalpur

Army chief witnesses training exercise in Bahawalpur

Chief of Army Staff General, Ashfaq Parvez Kayani visited Bahawalpur Cantt and Khairpur Tamianwali, on Tuesday to witness formation level training exercises. The exercises included training for conventional operations in the desert terrain, involving mech
Published 01 Feb, 2012 12:00am
Circular debt issue to be resolved soon: Prime Minister

Circular debt issue to be resolved soon: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Tuesday said that circular debt issue would be resolved soon, adding that all economic indicators of the country were moving towards positive direction, which has also been endorsed by the World Bank.
Published 01 Feb, 2012 12:00am
Ghandhara Industries Limited

Ghandhara Industries Limited

Ghandhara industries are engaged in manufacturing, assembling and marketing of Isuzu trucks and bus chassis. The Company is a public limited company listed on Pakistani stock exchanges. It was set up in Karachi by General Motors Overseas Distribution Corp
Published 01 Feb, 2012 12:00am
Ghandhara Industries Limited

Ghandhara Industries Limited

Ghandhara industries are engaged in manufacturing, assembling and marketing of Isuzu trucks and bus chassis. The Company is a public limited company listed on Pakistani stock exchanges. It was set up in Karachi by General Motors Overseas Distribution Corp
Published 01 Feb, 2012 12:00am
New York cotton slides sharply

New York cotton slides sharply

Cotton futures finished with hefty losses on Monday, caught in the downdraft of selling that pulled most other commodities lower with the euro as Greece appeared unlikely to reach a deal to restructure private-sector debt.
Published 01 Feb, 2012 12:00am
Shanghai copper gains

Shanghai copper gains

The most-traded April copper contract on the Shanghai Futures Exchange gained 0.5 percent to 60,620 yuan ($9,600) a tonne. "Copper is a bellwether for global growth and any sort of negative macro themes will mean copper will be pressured," said Natalie Ro
Published 01 Feb, 2012 12:00am
Copper declines

Copper declines

Copper slipped on Tuesday as the euro fell against the dollar after weaker-than-expected economic data from the United States raised concerns about the state of the global economy and the demand outlook for industrial metals. The figures showed that busin
Published 01 Feb, 2012 12:00am
Brent crude up

Brent crude up

Brent crude trimmed gains and US crude hovered near flat on Tuesday as disappointing US data reined in prices that had surged on hopes that Greece can reach a debt deal and on a European Union move toward budget discipline. Iran completed a round of talks
Published 01 Feb, 2012 12:00am
Thai rubber intervention may start mid-February

Thai rubber intervention may start mid-February

A Thai rubber intervention scheme to shore up prices is expected to start in mid-February after several legislative steps have been completed, a senior Agriculture Ministry official said on Tuesday. "The plan has already been approved by the cabinet.
Published 01 Feb, 2012 12:00am
Palm oil unchanged

Palm oil unchanged

Malaysian crude palm oil futures ended largely unchanged on Tuesday after falling near a six-week low as investors fretted about the prospects of weakening demand for the edible oil and uncertainty surrounding the euro zone debt crisis. Benchmark April pa
Published 01 Feb, 2012 12:00am
Soya falls three percent

Soya falls three percent

US soya futures fell almost 3 percent on Monday, the biggest one-day decline in four months as the dollar gained on worries about the euro zone debt crisis and as more-than-expected rainfall nursed South America's crop back to health. Corn also fell, drop
Published 01 Feb, 2012 12:00am
Cocoa stays up

Cocoa stays up

Cocoa futures settled higher on Tuesday, trimming gains after weak US economic data cast a gloomy tone over the market, while arabica coffee on ICE changed direction and fell to a six-week low. Raw sugar also lost traction and ended at its lowest in nearl
Published 01 Feb, 2012 12:00am
Gold falls in New York

Gold falls in New York

Gold fell on Monday as a sharp drop in the euro and losses in commodities triggered profit-taking after the metal's recent rally, but a positive technical outlook could underpin bullion in the near term. The metal was dragged lower by a broad decline in e
Published 01 Feb, 2012 12:00am
Gold up in Asia

Gold up in Asia

Gold ticked up on Tuesday after the euro rebounded, while bullion prices headed for their biggest monthly rise since August as lingering concerns about growth in the United States prompted buying from investors. Gold added $7.45 an ounce to $1,736.09 an o
Published 01 Feb, 2012 12:00am
Gold rises in London

Gold rises in London

Gold prices were on course for their biggest monthly rise since August on Tuesday, boosted by economic unease in Europe and the United States and raising the possibility of a climb toward last year's record high of just over $1,900 per ounce. Sentiment fo
Published 01 Feb, 2012 12:00am
US MIDDAY: wheat climbs

US MIDDAY: wheat climbs

US grains rallied on Tuesday as investors scooped up risk assets encouraged by hopes for a Greek debt deal this week, with Chicago wheat rising 3 percent to a four-week peak also on concerns Russia may soon curb exports. Traders also cited mounting concer
Published 01 Feb, 2012 12:00am
US MIDDAY: copper extends losses

US MIDDAY: copper extends losses

Copper fell for a third straight day on Tuesday, hit by currency-related selling and weak US data that raised concerns about global growth and industrial metal demand prospects, already down from China's engineered slowdown and Europe's debt crisis.
Published 01 Feb, 2012 12:00am
US MIDDAY: gold nearly flat

US MIDDAY: gold nearly flat

Gold traded nearly flat early on Tuesday, but the precious metal is heading for its biggest monthly rise since August on global economic unease and the US Federal Reserve's long-term outlook for near-zero interest rates. Bullion erased initial gains as th
Published 01 Feb, 2012 12:00am
Etihad Airways carries a record number of passengers in 2011

Etihad Airways carries a record number of passengers in 2011

Etihad Airways, the national airline of the United Arab Emirates, carried a record 8.29 million passengers in 2011, a 17 per cent increase on the previous year. The jump represented an extra 1.197 million passengers on the carrier's global network coverin
Published 01 Feb, 2012 12:00am
Mobilink develops system to reinstate BIS

Mobilink develops system to reinstate BIS

Mobilink has developed and implemented an innovative content-filtering solution to reinstate Internet services for BlackBerry Internet Service. The initiative by Mobilink allows subscribers to fully access the Internet, including social networking sites s
Published 01 Feb, 2012 12:00am
No military coup can take place now: PILDAT panellists

No military coup can take place now: PILDAT panellists

"No military coup can take place in Pakistan now" not because civil government has provided a credible alternative to military rule but because Pakistan can not be governed now through a centrist force, the panellists said during discussion at PILDAT foru
Published 01 Feb, 2012 12:00am
Kashmir dispute: 'Pakistan has always played positive role'

Kashmir dispute: 'Pakistan has always played positive role'

President Jammu and Azad Kashmir, Sardar Mohammad Yaqoob has stated that Pakistan always played its pivotal role in any critical time faced by Kashmir. This he said while addressing a reception hosted in his honour by Chairman, Bukhari Group Sardar Mohamm
Published 01 Feb, 2012 12:00am
EO dynamic network of over 8,000 business owners

EO dynamic network of over 8,000 business owners

The Entrepreneurs' Organisation is a dynamic global network of more than 8,000 business owners in 40 countries. Founded in 1987 by a group of young entrepreneurs, the year 2012 marks EO's 25th anniversary. With its transformative experiences and unparalle
Published 01 Feb, 2012 12:00am
Kashmir Solidarity Day to be observed in a befitting manner: Wattoo

Kashmir Solidarity Day to be observed in a befitting manner: Wattoo

Federal Minister for Kashmir Affairs and Gilgit-Baltistan, Mian Manzoor Ahmad Wattoo on Tuesday said that a number of activities would be arranged to mark the upcoming Kashmir Solidarity Day, displaying Pakistan' abiding solidarity with the Kashmiris bret
Published 01 Feb, 2012 12:00am
FATA lawyers oppose induction of non-tribal people in FATA tribunals

FATA lawyers oppose induction of non-tribal people in FATA tribunals

Lawyers hailing from FATA oppose the induction of non-tribal people in the FATA tribunal and demanded for removal of existing members by replacing them with talented and devoted tribesmen, especially local experts on legal issues. Addressing at a news con
Published 01 Feb, 2012 12:00am
Call for amendments to existing laws on women rights

Call for amendments to existing laws on women rights

Representatives of Women Rights organisation have called for amendments to the existing laws on women rights because certain flaws in legislation pertaining to women rights were the major obstacle in its implementation. They were speaking at the launching
Published 01 Feb, 2012 12:00am
Rain, snowfall forecast from Friday to Monday

Rain, snowfall forecast from Friday to Monday

Met Office has predicted another spell of rain/snowfall in different parts of the country from Friday, which is expected to last till Monday. It says a fresh westerly wave, presently causing rains over western Iran, is heading towards Pakistan that would
Published 01 Feb, 2012 12:00am
House servant held

House servant held

The Islamabad Police have arrested a servant for looting the family and also held six others for their involvement in murder, drug-pushing and carrying illegal weapons, recovering jewellery, cell phones, a stolen car, three bottles of liquor and a 30-bore
Published 01 Feb, 2012 12:00am
Cigarette company selling brand without pictorial health warning

Cigarette company selling brand without pictorial health warning

A local tobacco company has started selling its brand of cigarettes without printing the mandatory pictorial health warning on each pack, reflecting a serious violation law and the said manufacturer be subjected to imprisonment of up to 2 years under Sect
Published 01 Feb, 2012 12:00am
Iranian CG calls on Sindh chief minister

Iranian CG calls on Sindh chief minister

The Consul General of Iran in Karachi, Abbas Ali Abdullahi on Tuesday called on Chief Minister Sindh Syed Qaim Ali Shah at the CM House here. At the meeting, they discussed the matters of mutual interest. The Consul General of Iran also extended an invita
Published 01 Feb, 2012 12:00am
Voluntary tax payments emerge as a leading source of revenue

Voluntary tax payments emerge as a leading source of revenue

The FBR had received Rs 196.7 billion as voluntary tax payments along with the income tax returns during 2010-11, against Rs 165.8 billion in the same period of previous year, reflecting an increase of 18.3 percent
Published 01 Feb, 2012 12:00am
Traders' body voices concern over law, order situation

Traders' body voices concern over law, order situation

An emergency meeting held on Tuesday at central office Pakistan Hardware Merchants Association to consider law and orders situation and harassment by 'bhatta mafia', and a large number of members attended the meeting chaired by central vice chairman Syed
Published 01 Feb, 2012 12:00am
Cigarettes remain on top for FED collection

Cigarettes remain on top for FED collection

Cigarettes remained as the top revenue generator, with 34.3 percent share, in overall collection of the federal excise duty (FED) during 2010-11. According to the FBR's quarterly review issued here on Monday, among major items, cigarette has been the top
Published 01 Feb, 2012 12:00am
Most taxpayers declare low level of transparency in FBR: survey

Most taxpayers declare low level of transparency in FBR: survey

Most of the categories of taxpayers, particularly individuals, small businesses and opinion makers, have declared that level of transparency in the Federal Board of Revenue (FBR) is very low. Sources said here on Tuesday that the survey of the FBR on 'Int
Published 01 Feb, 2012 12:00am
Anis-ur-Rehman elected ICMAP Karachi Council Chairman

Anis-ur-Rehman elected ICMAP Karachi Council Chairman

The Karachi Branch Council of Institute of Cost and Management Accountants of Pakistan (ICMAP) has elected Anis-ur-Rehman, a fellow member as its Chairman for the year 2012. Anis-ur-Rehman has held different positions at Karachi Branch Council of ICMAP, i
Published 01 Feb, 2012 12:00am
First ever audit of local industry for tariff evaluation likely

First ever audit of local industry for tariff evaluation likely

The National Tariff Commission (NTC), for the first time in Pakistan's history, is likely to announce the audit of local industry for tariff evaluation to facilitate an importer going totally against its objectives, in Islamabad on February 1.
Published 01 Feb, 2012 12:00am
Killing of MPA's family members: police still clueless about attackers

Killing of MPA's family members: police still clueless about attackers

The killings of MPA Mir Bakhtiar Khan Domki's wife, his daughter and driver on early Tuesday have put the police department in hot water as they are still clueless as to who carried out the attack. According to details, the tragic incident occurred near G
Published 01 Feb, 2012 12:00am
LEAs detain 25 suspects in search operations

LEAs detain 25 suspects in search operations

Following the fresh wave of targeted killings in the city, the Law Enforcement Agencies (LEAs) on early Tuesday conducted search operations in different areas of the city and detained some 25 suspects with weapons. According to police sources, the search
Published 01 Feb, 2012 12:00am
Dacoits take away Rs 1.1 million from bank

Dacoits take away Rs 1.1 million from bank

A gang of robbers took away Rs 1.1 million from a private bank's branch in the jurisdiction of Jamshed Quarter police station that proved to be the first bank robbery of 2012. According to SHO Humayun, at least nine armed men entered into the bank located
Published 01 Feb, 2012 12:00am
Commissioners, DCs get land acquisition powers

Commissioners, DCs get land acquisition powers

Commissioners and Deputy Commissioners in the province have retained the powers of land acquisition more than two and half months after the restoration of local government system of 1979. Sindh Governor Dr Ishrat-ul-Ibad Khan promulgated Sindh Land Acquis
Published 01 Feb, 2012 12:00am
Police baton charge teachers demanding regularisation

Police baton charge teachers demanding regularisation

Police on Tuesday evening fired tear gas shells on contractual teachers and resorted them to baton charge, who were protesting against non-regularisation of their services. The day-long protest of teachers under the banner of All Sindh IBA Test Pass Teach
Published 01 Feb, 2012 12:00am
Ceremony of Make a Wish Foundation held

Ceremony of Make a Wish Foundation held

President of "Make a Wish Foundation" Ishtiaq Baig has said that the foundation's mission is to facilitate Pakistani children to fulfil their wishes. Addressing a ceremony here on Tuesday, Baig said that the foundation was providing opportunities of happi
Published 01 Feb, 2012 12:00am
Gunmen attack mobile company, two employees killed

Gunmen attack mobile company, two employees killed

At least two persons including a woman were killed and three others injured in an armed attack on the franchise of one of the private mobile companies in the limits of North Nazimabad police station on Tuesday. Police sources said that at around 12:52 pm,
Published 01 Feb, 2012 12:00am
Dubai Islamic Bank opens Learning & Development Centre

Dubai Islamic Bank opens Learning & Development Centre

Dubai Islamic Bank Pakistan opened here on Tuesday its first 'Learning & Development Centre' dedicated to Islamic banking in Karachi city. The centre was formally inaugurated by CEO Junaid Ahmed along with the senior management of the Bank.
Published 01 Feb, 2012 12:00am
City' peace being disturbed through co-ordinated plan: Altaf

City' peace being disturbed through co-ordinated plan: Altaf

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain on Tuesday said that some forces were disturbing Karachi's peace through a co-ordinated plan, urging the citizens to beef up their security by themselves. He said law and order situation had deteriorated
Published 01 Feb, 2012 12:00am
One more falls prey to targeted killing

One more falls prey to targeted killing

A skin specialist and ex captain of Pakistan Army, was gunned down near Malir Railway crossing in the limits of Saudabad police station. According to police, the incident took place on Malir Phatak National Highway where a 60-year-old, Captain Ashfaq Ahme
Published 01 Feb, 2012 12:00am
Changing perceptions about Pakistan

Changing perceptions about Pakistan

The emergence of an independent judiciary and a free media in Pakistan are indeed epoch-making developments. So are the strides taken towards ensuring gender equality and emancipation of women through a number of administrative and legislative measures th
Published 01 Feb, 2012 12:00am
An open letter to Ali Ahmed Kurd

An open letter to Ali Ahmed Kurd

Dear Mr Ali Ahmed Kurd, I'm sure that my name will not ring a bell in your mind and you would certainly be clueless about the writer of this letter. Let me start by introducing myself. I am a legal practitioner who returned after the call from the bar fro
Published 01 Feb, 2012 12:00am
Remarks at PSDE conference

Remarks at PSDE conference

The elite in Pakistan and its prosperous Diaspora have a living standard and a life style that were totally unimaginable half a century ago and would not have materialised to this degree in a United India. Yet, the well to do and the governing elites have
Published 01 Feb, 2012 12:00am
Competitive agriculture

Competitive agriculture

Under the 18th Constitutional Amendment Bill 2010, agriculture is now a provincial responsibility. With this new paradigm shift the provincial governments, for the first time, would prepare their agricultural budgets - allocating their funds and rearrangi
Published 01 Feb, 2012 12:00am
Appalling state of primary education

Appalling state of primary education

The South Asia Forum for Education Development has put out its Annual Status of Education Report for the year just ended, which shows that the quality of primary level education has fallen by the wayside.
Published 01 Feb, 2012 12:00am
World economy

World economy

Pessimism about the prospects of the world economy is growing. In its latest outlook for global growth, the International Monetary Fund (IMF) has warned that the eurozone debt crisis is escalating and dragging down the world economy. The forecast for glob
Published 01 Feb, 2012 12:00am
Nadra chairman assures committee: voter lists will be completed in time

Nadra chairman assures committee: voter lists will be completed in time

The Standing Committee on Law, Justice and Parliamentary Affairs met on Tuesday with Begum Nasim Akhter Chaudhry, MNA in the chair to discuss the various amendments proposed by the Election Commission of Pakistan in respect of (i) The Electoral Rolls Act,
Published 01 Feb, 2012 12:00am
Mehar directs utmost transparency in privatisation

Mehar directs utmost transparency in privatisation

The Board of Privatisation Commission (BPC) met here on Tuesday under the chairmanship of the Federal Minister for Privatisation Ghous Bux Khan Mahar and discussed the timetable for Capital Market Transaction, the Secondary Public Offering (SPO) of Pakist
Published 01 Feb, 2012 12:00am
KUJ office-bearers felicitated

KUJ office-bearers felicitated

Sindh Information Minister Shazia Marri has felicitated the newly elected office bearers of the Karachi Union of Journalists (KUJ). In a statement here on Tuesday she congratulated G M Jamali (President) and Faheem Siddiqui (General Secretary) as well as
Published 01 Feb, 2012 12:00am
PEMRA approves broadcasting operations regulations

PEMRA approves broadcasting operations regulations

Pakistan Electronic Media Regulatory Authority (PEMRA) on Tuesday approved revised TV/Radio Broadcasting Operations Regulations which were devised on modern lines in due consultation with the stakeholders. PEMRA has approved the regulations in its 73rd me
Published 01 Feb, 2012 12:00am
German parliamentary delegation calls on Naek

German parliamentary delegation calls on Naek

Chairman Senate Farooq H. Naek said that bilateral relations between Pakistan and Germany are based on shared values of democracy, respect for human rights and economic liberalism. He said this, while talking to a high level German Parliamentary Delegatio
Published 01 Feb, 2012 12:00am
PTI hits back at Fazal for criticism of Imran

PTI hits back at Fazal for criticism of Imran

Pakistan Tehreek-e-Insaf (PTI) on Tuesday blasted Jamiat Ulema-e-Islam (JUI-F) chief Moulana Fazlur Rehman for its ridiculous comments over growing popularity of PTI headed by Imran Khan. In a statement issued here PTI spokesman says that the rising stren
Published 01 Feb, 2012 12:00am
Riaz criticises chief minister for drugs' reaction deaths

Riaz criticises chief minister for drugs' reaction deaths

Opposition leader in Punjab Assembly Raja Riaz criticised Punjab Chief Minister Shahbaz Sharif for the drugs' reaction deaths in Punjab. The House commenced 33rd session of the Assembly with two-hour delay here on Tuesday. Speaker Rana Muhammad Iqbal rema
Published 01 Feb, 2012 12:00am
Need for improved Pak-Afghan ties stressed

Need for improved Pak-Afghan ties stressed

Chairman Senate, Farooq H. Naek has underlined the need for further strengthening bilateral co-operation and consolidating the bond of friendship between Pakistan and Afghanistan through frequent Parliamentary exchanges and people to people contacts for m
Published 01 Feb, 2012 12:00am
Two more succumb to drug reaction

Two more succumb to drug reaction

Another two women died due to reaction of drugs supplied by the Punjab Institute of Cardiology (PIC) to the cardiac patients. On Tuesday, Hajra Bibi (55) died at Mayo Hospital while Mumtaz Bibi (55) died at Services Hospital. According to the spokesman of
Published 01 Feb, 2012 12:00am
German parliamentary team meets Hina

German parliamentary team meets Hina

A three-member German parliamentary delegation of the ruling Christian Democratic Party (CDU), comprising Roderich KIESEWETTER, Michael GAHLER, and Ernst-Reinhard BECK called on Foreign Minister Hina Rabbani Khar on Tuesday, discussing bilateral relations
Published 01 Feb, 2012 12:00am
Peace in Afghanistan critical for Pakistan: Prime Minister

Peace in Afghanistan critical for Pakistan: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Tuesday said peace in Afghanistan was critical for the peace and security in Pakistan. He said Pakistan always supported Afghan President Hamid Karzai's peace efforts and would continue favour an Afghan-led and Af
Published 01 Feb, 2012 12:00am
Khyber Pakhtunkhwa approves development, extension of UET sub-campus

Khyber Pakhtunkhwa approves development, extension of UET sub-campus

Chief Minister Khyber Pakhtunkhwa Ameer Haider Khan Hoti has approved, in principle, the development and extension of sub-campus of University of Engineering and Technology in Mardan. He constituted a task force, under Additional Chief Secretary, that wil
Published 01 Feb, 2012 12:00am
Smeda launches awareness campaign about MDTF funded project

Smeda launches awareness campaign about MDTF funded project

Small & Medium Enterprise Development Authority (Smeda), Khyber Pakhtunkhwa is going to launch a province-wide awareness campaign regarding Multi-Donor Trust Fund (MDTF) funded project of Economic Revitalization of Khyber Pakhtunkhwa and FATA (ERKF). This
Published 01 Feb, 2012 12:00am
Pakistan-China trade reaches $10.6 billion

Pakistan-China trade reaches $10.6 billion

Pakistan-China bilateral trade registered an overall growth of 22% by reaching the mark of US $10.6 billion in 2011. Pakistan-China trade in 2010 was US $8.7 billion. In 2011, Pakistani exports of US $2.12 billion to Chinese market increased by 23%; where
Published 01 Feb, 2012 12:00am
Power shortfall persists

Power shortfall persists

Power shortfall persisted for second consecutive day with short supply of furnace oil to thermal units, putting the generation at around 8000MW despite addition of hydel generation to the system. According to the sources, Pepco-run thermal units remained
Published 01 Feb, 2012 12:00am
LHC suspends notification

LHC suspends notification

The Lahore High Court (LHC) on Tuesday suspended a notification issued by Governor Punjab to nominate members Managing Committee of Red Crescent Society (Punjab) till February 06. Earlier the court had suspended Society's chairman Zahid Bashir appointed b
Published 01 Feb, 2012 12:00am
MCCI voices concern over 'controversial' SRO

MCCI voices concern over 'controversial' SRO

Multan Chamber of Commerce and Industry Tuesday said all untaxed sectors should be taxed and enforcement of professional tax should be strengthened. MCCI came hard on Federal Board of Revenue for trying to implement SRO 821(I) 2011 by creating an impressi
Published 01 Feb, 2012 12:00am
PBF urges Centre to ensure gas supply to Punjab based industries

PBF urges Centre to ensure gas supply to Punjab based industries

The Punjab Business Forum (PBF), a representative body of the business community in Punjab province, has urged upon the federal government to ensure natural gas supply to Punjab based industries on the principal of equality applied throughout the country.
Published 01 Feb, 2012 12:00am
'Drug-free Lahore' project pace reviewed

'Drug-free Lahore' project pace reviewed

Punjab Chief Minister Shahbaz Sharif has said that the Punjab government is considering establishment of a state-of-the-art centre for the rehabilitation of drug addicts, and both the Federal and provincial governments should work together for this purpos
Published 01 Feb, 2012 12:00am
PDMA forms response force

PDMA forms response force

Punjab Disaster Management Authority (PDMA) has formed a response force to handle any disaster in the province of Punjab. Director General PDMA, Khalid Sherdil said this while addressing the inaugural ceremony of Command Control and Communication Center s
Published 01 Feb, 2012 12:00am
Punjab begins reopening of closed irrigation canals

Punjab begins reopening of closed irrigation canals

Punjab is gradually reopening its irrigation canals which were closed in late December for the month long annual de-silting of the water channels in the province, Canal Regulator M H Siddiqui told Business Recorder here on Tuesday. He said the prov
Published 01 Feb, 2012 12:00am
'Government to take care of sufi saints' shrines'

'Government to take care of sufi saints' shrines'

Punjab Minister for Auqaf, Haji Ehsanuddin Qureshi has said that present government is paying special attention to looking-after shrines of saints provision of good facilities to the devotees. He said that department is spending money received from shrine
Published 01 Feb, 2012 12:00am
Korea to launch its website for Pakistan

Korea to launch its website for Pakistan

The Embassy of the Republic of Korea, as part of its efforts to better assist ordinary Pakistanis in general and the business community in particular, is proud to announce the launch of its dedicated website for Pakistan. The website will hopefully provid
Published 01 Feb, 2012 12:00am
Russia halts animal imports from parts of EU over virus

Russia halts animal imports from parts of EU over virus

Russia is suspending live-animal imports from parts of Europe over fears of a newly discovered virus that causes birth defects in sheep, goat and cattle, officials said Tuesday. "From February 1, Russia is imposing temporary restrictions on the imports of
Published 01 Feb, 2012 12:00am
Russia halts animal imports from parts of EU over virus

Russia halts animal imports from parts of EU over virus

Russia is suspending live-animal imports from parts of Europe over fears of a newly discovered virus that causes birth defects in sheep, goat and cattle, officials said Tuesday. "From February 1, Russia is imposing temporary restrictions on the imports of
Published 01 Feb, 2012 12:00am
Russia halts animal imports from parts of EU over virus

Russia halts animal imports from parts of EU over virus

Russia is suspending live-animal imports from parts of Europe over fears of a newly discovered virus that causes birth defects in sheep, goat and cattle, officials said Tuesday. "From February 1, Russia is imposing temporary restrictions on the imports of
Published 01 Feb, 2012 12:00am
Over 25 trade bodies warn of mass civil disobedience

Over 25 trade bodies warn of mass civil disobedience

Over 25 leading trade bodies/chambers on Tuesday threatened the government of launching civil disobedience move, if it fails to implement a new economic revival plan resolving the national energy crisis, withdrawing documentation measures including rescin
Published 01 Feb, 2012 12:00am
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