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Print - 2012-04-15
Singapore's SMX to launch new gold, silver futures

Singapore's SMX to launch new gold, silver futures

The Singapore Mercantile Exchange will roll out in May new gold and silver futures contracts and is also looking at rubber and sugar contracts, its chief executive said on Thursday, as the fledgling bourse moves further to boost liquidity.
Published 15 Apr, 2012 12:00am
Thai raw sugar premiums steady, Indian whites up

Thai raw sugar premiums steady, Indian whites up

Thai raw sugar premiums were almost steady this week as buyers pushed back purchases anticipating a further drop in prices due to higher supplies from top producers Brazil, India and Thailand. But prices of Indian white sugar, which competes with Thai sug
Published 15 Apr, 2012 12:00am
Vietnamese rice prices move higher on China, Philippine demand

Vietnamese rice prices move higher on China, Philippine demand

Rice prices in Vietnam were boosted by demand from China and the Philippines despite higher export floor prices in the world's second-biggest exporter of the grain, while intervention swelled prices in competitor Thailand, traders said on Wednesday.
Published 15 Apr, 2012 12:00am
India's palm oil imports fall

India's palm oil imports fall

India's palm oil imports fell more than expected in March from the previous month as crude variety purchases fell more sharply than expected on higher prices while the decline in refined oil was broadly in line with forecasts in a Reuters poll.
Published 15 Apr, 2012 12:00am
New York cotton falls, ending four-day rally

New York cotton falls, ending four-day rally

Cotton futures fell for the first time in five days as the spate of short-covering that had propelled the nearby contract to 10-day highs petered out. Once the shorts had run for cover, selling as commodity indices rolled over to the July contract weighed
Published 15 Apr, 2012 12:00am
Commodity prices mixed amid weak Chinese, US data

Commodity prices mixed amid weak Chinese, US data

Commodity prices diverged last week amid weak Chinese growth data, renewed eurozone debt worries, strong supplies of major raw materials and following poor US jobs figures. Prices took a hit at the start of the week on delayed reaction to US jobs data pub
Published 15 Apr, 2012 12:00am
Cocoa butter ratios flat

Cocoa butter ratios flat

Cocoa butter ratios were little changed last week with weak demand expected to cap gains in the near-term, while powder prices slipped as the positive Easter-sentiment ebbed away, dealers said on Friday. Cocoa butter, a key ingredient for making chocolate
Published 15 Apr, 2012 12:00am
Egypt sells cotton

Egypt sells cotton

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 369 tonnes of cotton in the week that ended on April 7, an Alcotexa official said on Monday. The sales comprised 47 tonnes of Giza 88 grade cotton and 322 tonnes of Giza 86, the
Published 15 Apr, 2012 12:00am
IN SHORT: Bangladesh delays sugar tender for second time

IN SHORT: Bangladesh delays sugar tender for second time

Bangladesh Sugar and Food Industries Corporation has delayed a bidding deadline in an international tender to import 25,000 tonnes of white sugar, a corporation official said on Friday. The new deadline to submit offers is April 21 instead of April 7, the
Published 15 Apr, 2012 12:00am
IN SHORT: Algeria grain harvest to reach 5.5 million tonnes

IN SHORT: Algeria grain harvest to reach 5.5 million tonnes

Algeria expects its grain harvest to reach 5.5 million tonnes this season due to better weather conditions, the official APS news agency quoted an agriculture ministry official as saying, a 31 percent rise on the previous campaign.
Published 15 Apr, 2012 12:00am
IN SHORT: China top refineries cut crude runs to 35-month low

IN SHORT: China top refineries cut crude runs to 35-month low

Chinese oil firms will trim crude oil throughput at major refineries to a 35-month low in April after a large cut in March, a Reuters poll showed, as maintenance remains heavy amid ongoing refining losses despite a fuel price hike last month.
Published 15 Apr, 2012 12:00am
Haqqani's plea: Ijaz's counsel seeks delay in hearing

Haqqani's plea: Ijaz's counsel seeks delay in hearing

Akram Sheikh, the counsel for US businessman Mansoor Ijaz, filed an application in the Supreme Court on Saturday, seeking a delay in the hearing of Hussain Haqqani's plea for permission to record evidence by a video link before the Memo Commission.
Published 15 Apr, 2012 12:00am
Pak-China Business Forum & Industrial Exhibition from today

Pak-China Business Forum & Industrial Exhibition from today

COMSATS Institute of Information Technology (IIT) is organising Pak-China Business Forum & Industrial Exhibition from April 15-18, 2012 at Pak-China Friendship Centre. COMSATS-IIT introduces an academia driven model of Business Co-operation by conducting
Published 15 Apr, 2012 12:00am
KWSB-KESC tussle: cut in water supply hits export units

KWSB-KESC tussle: cut in water supply hits export units

A majority of industrial units, including export-oriented ones, are not getting sufficient water because of an ongoing tussle over payment of dues between Karachi Electric Supply Company (KESC) and Karachi Water and Sewerage Board (KWSB). Even export-orie
Published 15 Apr, 2012 12:00am
IAPEX Conference on 'building social bridges' held

IAPEX Conference on 'building social bridges' held

The second session of the IAPEX 2012 focused on 'building social bridges' where Architect Eike Roswag from Berlin and Architect Hafiz Sherali presented their work. In his online video lecture from Berlin at the conference here, Eike talked about the use o
Published 15 Apr, 2012 12:00am
Two-day executive education programme for KSBL from April 17

Two-day executive education programme for KSBL from April 17

Dr Milan Pagon, Professor of Management at the College of Business Studies, Al Ghurair University (Dubai) will conduct a two-day Executive Education Programme for Karachi School for Business & Leadership (KSBL) on "Creating High Performance Teams", on Apr
Published 15 Apr, 2012 12:00am
Karachi DCs asked to collect arms licenses' record

Karachi DCs asked to collect arms licenses' record

The authorities of Sindh Home department on Saturday have directed the Deputy Commissioners of South, East, Central and Malir of Karachi division to collect the record of arms licenses concerning to their respective districts from office of Commissioner K
Published 15 Apr, 2012 12:00am
Two die as bus falls into Lyari River

Two die as bus falls into Lyari River

At least two persons lost their lives on the Lyari Expressway when a passenger bus fell into Lyari River in the limits of Gulshan-e-Maymar police station on Saturday. Three other persons were injured in the incident. According to police, the accident occu
Published 15 Apr, 2012 12:00am
PHMA delegation visits FPCCI

PHMA delegation visits FPCCI

A delegation from the Pakistan Hardware Merchants Association visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Head Office on Saturday and held a meeting with Sheikh Shakil Ahmed Dhingra, Acting President FPCCI to discuss matte
Published 15 Apr, 2012 12:00am
Afza Altaf Hussein Flyover's inauguration today

Afza Altaf Hussein Flyover's inauguration today

The inauguration ceremony of Afza Altaf Hussein Flyover at Habib Bank Chowrangi of Site, which was postponed by Sindh Industries department, will now be held on April 15. Sindh Governor Dr Ishrat-ul-Ebad Khan, Chief Minister Syed Qaim Ali Shah and Ministe
Published 15 Apr, 2012 12:00am
IBA, ISB ink accord for quality executive education

IBA, ISB ink accord for quality executive education

The Institute of Business Administration (IBA), Karachi took a winning leap as it inked down a memorandum of understanding (MoU) with Indian School of Business (ISB) to provide Executive Education in Pakistan. The MoU was signed by IBA, Karachi Dean and D
Published 15 Apr, 2012 12:00am
FPCCI criticises SBP for not reducing policy rate

FPCCI criticises SBP for not reducing policy rate

Sheikh Shakeel Ahmed Dhingra, Acting President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has lamented State Bank of Pakistan (SBP) for maintaining markup rate at 12 percent in the recently announced monetary policy and said that
Published 15 Apr, 2012 12:00am
Pakistan Telecommunications Conference 2012 on April 19

Pakistan Telecommunications Conference 2012 on April 19

The 5th Annual Pakistan Telecommunications Conference 2012 (TeleCON 2012) organised by SHAMROCK Conferences International and endorsed by the Pakistan Telecommunication Authority (PTA) will be held on April 19, 2012 from 9:30 am to 4:00 pm at the Avari Ho
Published 15 Apr, 2012 12:00am
Business Recorder staffer grieved

Business Recorder staffer grieved

Muhammad Yamin (85), the father of Chief Reporter Daily Business Recorder, Lahore Muhammad Riaz died here on Saturday due to cardiac arrest. His Namaz-e-Janaza will be offered at Khalid Mosque, Cavalry Ground Lahore at 9:00 am on Sunday. The staff
Published 15 Apr, 2012 12:00am
Markets closure by 8pm: AKTI rejects government's decision

Markets closure by 8pm: AKTI rejects government's decision

All Karachi Tajir Ittehad (AKTI) on Saturday rejected the government's decision to close markets at 8 pm in evening, saying the violence had badly reduced trade activities in the city and early closure of businesses would further hit them financially.
Published 15 Apr, 2012 12:00am
Well done KPT

Well done KPT

Apropos a news item carried by Business Recorder regarding KPT officers and employees donating Rs 4 million to the parents of Momina Saeed, I would like to compliment their efforts donating a such a hefty amount to the parents of a girl suffering s
Published 15 Apr, 2012 12:00am
France's high-rise suburbs

France's high-rise suburbs

"There are 7,000 people here. Seventy percent are unemployed. Six hundred and fifty families receive the state minimum living wage." Manu Daher, a social worker in La Castellane, a housing project in the French city of Marseille best known for having spaw
Published 15 Apr, 2012 12:00am
Portuguese emigrate to booming former colonies!

Portuguese emigrate to booming former colonies!

For nearly two decades, tens of thousands of people from Portugal's former colonies streamed to the former mother country in search of a better life. But now, the tide is turning. Many Portuguese are leaving their impoverished country for Brazil or Angola
Published 15 Apr, 2012 12:00am
Pace and pattern of industrialisation

Pace and pattern of industrialisation

The State Bank has recently advised the government to rethink industrial policy. The national industrial policy 2011, which is well-worded, is not different from erstwhile policies, at least in its substance, which remained either fully or partially unimp
Published 15 Apr, 2012 12:00am
Etisalat and privatisation

Etisalat and privatisation

The Chief Executive of Pakistan Telecommunication Company Limited (PTCL) Walid Irshaid stated in a recent interview that "we are very close to finalising" the deal that would enable Etisalat, the 26 percent stakeholder in PTCL, to release the 800 million
Published 15 Apr, 2012 12:00am
More of the same or inching towards change?

More of the same or inching towards change?

The joint-sitting of parliament unanimously adopted the revised recommendations proposed by the Senator Rabbani-led Parliamentary Committee on National Security (PCNS). There is no doubt that there was an urgent need to revisit and stipulate the precise t
Published 15 Apr, 2012 12:00am
PML-N leader urges promotion of skills among people

PML-N leader urges promotion of skills among people

PML-N leader senator Pervaiz Rashid has said the people belonging to less-developed areas or those who could not continue their education can not only be made self-sufficient by providing them skills but also be made a useful member of the society.
Published 15 Apr, 2012 12:00am
Remand of Saeed Akhtar extended till April 26

Remand of Saeed Akhtar extended till April 26

An accountability court on Saturday extended physical remand of former General Manager Operations Pakistan Railways, Saeed Akhtar and directed the National Accountability Bureau (NAB) Punjab to produce him on April 26. The NAB had arrested Akhtar from Isl
Published 15 Apr, 2012 12:00am
SBP monetary policy: textile millers shy away from media interaction

SBP monetary policy: textile millers shy away from media interaction

Textile industry is mum over the latest monetary policy statement of the State Bank of Pakistan, shying away from giving critical media statements. "Nothing is new," said one staunch supporter of single-digit mark-up, saying textile industry was under pre
Published 15 Apr, 2012 12:00am
Acts of terrorism in GB: Judicial investigation demanded

Acts of terrorism in GB: Judicial investigation demanded

Judicial investigation of the acts of terrorism in Kohistan, Gilgit and Chilas is the primary demand of 'Citizens for Peace in GB', an initiative launched by the citizens of the region. This was stated by a religious leader and famous scholar Sheikh Nasir
Published 15 Apr, 2012 12:00am
New PPP general secretary Punjab vows to recapture chief minister slot

New PPP general secretary Punjab vows to recapture chief minister slot

Newly-appointed General Secretary of Pakistan Peoples' Party (PPP) Punjab Aziz-ur-Rehman Chun has vowed to recapture the slot of Chief Minister Punjab in upcoming elections. He said PPP had been stronghold in Punjab since 1970 and it had the capacity to c
Published 15 Apr, 2012 12:00am
Construction of new dams to cut oil import bill

Construction of new dams to cut oil import bill

Construction of new dams will help Pakistan to produce 50,000 Mega Watt of electricity per annum besides lowering its import bill from the present Rs 1563 billion to Rs 800 billion only. This was said by Agri Forum Pakistan, Chairman Muhammad Ibrahim Mugh
Published 15 Apr, 2012 12:00am
FRA union, member Inland Revenue talks failed

FRA union, member Inland Revenue talks failed

Negotiations between the Federal Revenue Alliance (FRA) employees union and Member Inland Revenue, Shahid Hussain Asad failed to end the strike being observed by the FBR employees for the last eight days to press the Board administration for acceptance of
Published 15 Apr, 2012 12:00am
Passco set to launch 'wheat procurement drive 2012'

Passco set to launch 'wheat procurement drive 2012'

Pakistan Agricultural Storage and Services Corporation (Passco) is all set to launch 'wheat procurement drive 2012' from the last week of this month. "We will start gunny bags distribution likely from April 27 and receive back wheat bags at designated cen
Published 15 Apr, 2012 12:00am
Jinnah Abadi scheme: special counters set up for distribution of forms

Jinnah Abadi scheme: special counters set up for distribution of forms

The district government has set up special counters at the offices of assistant commissioners of all tehsils for distribution of application forms under second phase of Jinnah Abadi scheme. Senior Administrative Officer Khalid Manzoor said on Friday that
Published 15 Apr, 2012 12:00am
CCPO calls for vigorous crackdown against illegal weapons

CCPO calls for vigorous crackdown against illegal weapons

Capital City Police Officer (CCPO) Ahmad Raza Tahir has said that crackdown launched against illegal weapons to rid the city of crime and criminal elements should be further intensified. The CCPO said that comprehensive security would be ensured in provin
Published 15 Apr, 2012 12:00am
Rana flays Imran

Rana flays Imran

Provincial Minister for Law Rana Sanaullah Khan said Imran Khan was internationally famous for fake wrestling (Noora Kushti) and the frequent political summersaults had exposed his dual political standard. Rana Sanaullah said Imran Khan, champion of fake
Published 15 Apr, 2012 12:00am
President arrives in Multan

President arrives in Multan

President Asif Ali Zardari arrived on his first visit to Multan on Saturday. The president, who came by a special plane on a two-day visit, was received by the Prime Minister's son MPA Syed Abdul Qadir Gilani, Federal Minister for Textiles and PPP South P
Published 15 Apr, 2012 12:00am
Provision of all basic rights to Afghan refugees demanded

Provision of all basic rights to Afghan refugees demanded

Speakers at media awareness seminar have called for provision of all basic rights to Afghan refugees staying for a long period in the country, pointed out that only 0.7 million Afghan refugees are registered out of total number of 2.9 million hosted by th
Published 15 Apr, 2012 12:00am
Speakers call for ratification of ILO Convention 143

Speakers call for ratification of ILO Convention 143

Speakers here at a seminar called for ratification of the International Labour Organisation (ILO) Convention 143, to not only guarantee indiscriminate treatment to Afghan and migrants workers, but also fulfil the international obligations and improve the
Published 15 Apr, 2012 12:00am
Kaira urges media to report with responsibility

Kaira urges media to report with responsibility

Newly appointed Federal Minister Qamar Zaman Kaira appreciated the role of media in democracy but urged the media to report with responsibility. Talking to a private news channel, he said that independence of media is a must for democracy. He expressed th
Published 15 Apr, 2012 12:00am
Stranded ship: Taiwanese container vessel refloated

Stranded ship: Taiwanese container vessel refloated

The stranded Taiwan flag carrier container vessel - YM North - was successfully refloated by four tug boats of the Karachi Port Trust (KPT) in early Saturday morning, port officials said. The container ship had run aground on Friday evening outside the ha
Published 15 Apr, 2012 12:00am
Camp removed: Red Zone blocked for protesters

Camp removed: Red Zone blocked for protesters

The Islamabad Capital Territory administration on Saturday blocked D-Chowk with barbed wires and cement block and removed a protest camp for the recovery of missing persons from the Red Zone as the capital police moved to comply with the interior ministry
Published 15 Apr, 2012 12:00am
PTI condemns government decision to open Nato supply routes

PTI condemns government decision to open Nato supply routes

Pakistan Tahreek-e-Insaf (PTI) Chairman Imran Khan on Saturday condemned the government's decision to open Nato routes. He was addressing the PTI Women Convention Punjab 2012. Khan expressed concern over the loss of 40,000 Pakistani soldiers in the US war
Published 15 Apr, 2012 12:00am
Drone Strikes: US statement a slap on nation's face: JI chief

Drone Strikes: US statement a slap on nation's face: JI chief

The latest statement from White House on drone attacks was a slap on the face of the government and parliament that had unanimously adopted a resolution in favour of restoring Nato supplies, said the Ameer of Jamaat-i-Islami, Syed Munawar Hasan, on Saturd
Published 15 Apr, 2012 12:00am
Sindh government initiates coastal community development projects

Sindh government initiates coastal community development projects

In order to improve living standard of coastal population, the Sindh government has initiated community development projects in collaboration with National Rural Support Programme. Around 1388 community organisations have taken part in completion of commu
Published 15 Apr, 2012 12:00am
Hurriyet leaders reject Ranjan's statement on Kashmir

Hurriyet leaders reject Ranjan's statement on Kashmir

Hurriyet leaders in occupied Kashmir in reaction to Indian Foreign Secretary, Ranjan Mathai's recent statement, have said that Jammu and Kashmir was not a part of India and it had, therefore, no right to talk about Kashmir's borders.
Published 15 Apr, 2012 12:00am
Afghan peace council gets new chairman

Afghan peace council gets new chairman

The son of a former Afghan peace council chairman killed by a suicide bomber was elected Saturday to succeed his father as head of the group tasked with reaching out to the Taliban to find a political resolution to the decade-long war. It is hoped that ha
Published 15 Apr, 2012 12:00am
Afghan peace council gets new chairman

Afghan peace council gets new chairman

The son of a former Afghan peace council chairman killed by a suicide bomber was elected Saturday to succeed his father as head of the group tasked with reaching out to the Taliban to find a political resolution to the decade-long war. It is hoped that ha
Published 15 Apr, 2012 12:00am
Indian central bank chief calls economic view ''disturbing''

Indian central bank chief calls economic view ''disturbing''

India''s deficits and short-term debt levels are "disturbing," but it is not facing a repeat of a 1991 balance of payments crisis, central bank chief Duvvuri Subbarao said on Saturday. Dependent on imported oil which it then subsidises, India is exposed t
Published 15 Apr, 2012 12:00am
Indian central bank chief calls economic view 'disturbing'

Indian central bank chief calls economic view 'disturbing'

India's deficits and short-term debt levels are "disturbing," but it is not facing a repeat of a 1991 balance of payments crisis, central bank chief Duvvuri Subbarao said on Saturday. Dependent on imported oil which it then subsidises, India is exposed to
Published 15 Apr, 2012 12:00am
Indian central bank chief calls economic view 'disturbing'

Indian central bank chief calls economic view 'disturbing'

India's deficits and short-term debt levels are "disturbing," but it is not facing a repeat of a 1991 balance of payments crisis, central bank chief Duvvuri Subbarao said on Saturday. Dependent on imported oil which it then subsidises, India is exposed to
Published 15 Apr, 2012 12:00am
Salman Bashir made new HC to India

Salman Bashir made new HC to India

Pakistan on Saturday formally announced the appointment of Salman Bashir as its new High Commissioner to India. Foreign Office Spokesman Moazzam Ahmed Khan giving the details said the government has announced the appointment of formerly Foreign Secretary
Published 15 Apr, 2012 12:00am
Salman Bashir made new HC to India

Salman Bashir made new HC to India

Pakistan on Saturday formally announced the appointment of Salman Bashir as its new High Commissioner to India. Foreign Office Spokesman Moazzam Ahmed Khan giving the details said the government has announced the appointment of formerly Foreign Secretary
Published 15 Apr, 2012 12:00am
English test cancelled over sanctions

English test cancelled over sanctions

Iranian media say a popular English-language test has been cancelled because organisers in Iran were unable to pay their British partner due to banking sanctions against the Islamic country. News websites say Iranian applicants were expected to take the I
Published 15 Apr, 2012 12:00am
English test cancelled over sanctions

English test cancelled over sanctions

Iranian media say a popular English-language test has been cancelled because organisers in Iran were unable to pay their British partner due to banking sanctions against the Islamic country. News websites say Iranian applicants were expected to take the I
Published 15 Apr, 2012 12:00am
Daily use items'' prices depict a rising trend

Daily use items'' prices depict a rising trend

The prices of daily use items, especially vegetables, poultry items, shoe polish, pulses, wheat flour, spices and fruits, witnessed an increase during the current week against last week, revealed a survey carried out by Business Recorder on Saturda
Published 15 Apr, 2012 12:00am
Daily use items' prices depict a rising trend

Daily use items' prices depict a rising trend

The prices of daily use items, especially vegetables, poultry items, shoe polish, pulses, wheat flour, spices and fruits, witnessed an increase during the current week against last week, revealed a survey carried out by Business Recorder on Saturda
Published 15 Apr, 2012 12:00am
Daily use items' prices depict a rising trend

Daily use items' prices depict a rising trend

The prices of daily use items, especially vegetables, poultry items, shoe polish, pulses, wheat flour, spices and fruits, witnessed an increase during the current week against last week, revealed a survey carried out by Business Recorder on Saturda
Published 15 Apr, 2012 12:00am
Siachen avalanche: nation, army praying for safe rescue: DGMO

Siachen avalanche: nation, army praying for safe rescue: DGMO

The entire nation and army were praying for a miracle for the safe recovery of soldiers trapped under an avalanche in the Siachen area, Director-General, Military operations (DGMO), Major-General Ashfaq Nadeem said on Saturday.
Published 15 Apr, 2012 12:00am
Siachen avalanche: nation, army praying for safe rescue: DGMO

Siachen avalanche: nation, army praying for safe rescue: DGMO

The entire nation and army were praying for a miracle for the safe recovery of soldiers trapped under an avalanche in the Siachen area, Director-General, Military operations (DGMO), Major-General Ashfaq Nadeem said on Saturday.
Published 15 Apr, 2012 12:00am
Arms ban no bar to Nato convoys: analysts

Arms ban no bar to Nato convoys: analysts

Pakistan's insistence that no arms transit through its territory to Afghanistan is largely a gesture to quell domestic anti-US sentiment and will not hinder the resumption of Nato convoys, analysts say. Pakistan stopped Nato supplies travelling overland f
Published 15 Apr, 2012 12:00am
Arms ban no bar to Nato convoys: analysts

Arms ban no bar to Nato convoys: analysts

Pakistan's insistence that no arms transit through its territory to Afghanistan is largely a gesture to quell domestic anti-US sentiment and will not hinder the resumption of Nato convoys, analysts say. Pakistan stopped Nato supplies travelling overland f
Published 15 Apr, 2012 12:00am
Swiss banks to hand over staff names in US tax row

Swiss banks to hand over staff names in US tax row

Switzerland will allow banks to hand over the names of any employees and other third parties who helped wealthy Americans evade taxes to US prosecutors, a Swiss newspaper reported on Saturday. Eleven Swiss banks including Credit Suisse and Julius Baer are
Published 15 Apr, 2012 12:00am
Swiss banks to hand over staff names in US tax row

Swiss banks to hand over staff names in US tax row

Switzerland will allow banks to hand over the names of any employees and other third parties who helped wealthy Americans evade taxes to US prosecutors, a Swiss newspaper reported on Saturday. Eleven Swiss banks including Credit Suisse and Julius Baer are
Published 15 Apr, 2012 12:00am
Swiss banks to hand over staff names in US tax row

Swiss banks to hand over staff names in US tax row

Switzerland will allow banks to hand over the names of any employees and other third parties who helped wealthy Americans evade taxes to US prosecutors, a Swiss newspaper reported on Saturday. Eleven Swiss banks including Credit Suisse and Julius Baer are
Published 15 Apr, 2012 12:00am
Nine more killed in Quetta

Nine more killed in Quetta

Quetta remained in grip of terrorism as nine more persons including a police man were killed in three different targeted killing incidents of Hazara tribesmen here Saturday. It may be recalled here that 28 persons have been killed in incidents of targeted
Published 15 Apr, 2012 12:00am
Nine more killed in Quetta

Nine more killed in Quetta

Quetta remained in grip of terrorism as nine more persons including a police man were killed in three different targeted killing incidents of Hazara tribesmen here Saturday. It may be recalled here that 28 persons have been killed in incidents of targeted
Published 15 Apr, 2012 12:00am
Airlines cancel 'flytilla' tickets on Israel objections

Airlines cancel 'flytilla' tickets on Israel objections

European airlines have cancelled tickets for an unspecified number of passengers planning to attend a pro-Palestinian activist gathering after Israel raised objections. British airline Jet2.com and French carrier Air France said Saturday they had joined G
Published 15 Apr, 2012 12:00am
Major decisions taken to improve working of WEBOC clearance system

Major decisions taken to improve working of WEBOC clearance system

The Federal Board of Revenue (FBR) has taken some major decisions to improve working of the Web-Based One Customs (WEBOC) clearance system including constitution of a committee comprising senior customs officials to develop concept papers for different mo
Published 15 Apr, 2012 12:00am
Major decisions taken to improve working of WEBOC clearance system

Major decisions taken to improve working of WEBOC clearance system

The Federal Board of Revenue (FBR) has taken some major decisions to improve working of the Web-Based One Customs (WEBOC) clearance system including constitution of a committee comprising senior customs officials to develop concept papers for different mo
Published 15 Apr, 2012 12:00am
Major decisions taken to improve working of WEBOC clearance system

Major decisions taken to improve working of WEBOC clearance system

The Federal Board of Revenue (FBR) has taken some major decisions to improve working of the Web-Based One Customs (WEBOC) clearance system including constitution of a committee comprising senior customs officials to develop concept papers for different mo
Published 15 Apr, 2012 12:00am
Rs 2.346 trillion revenue target for fiscal year 2013 likely

Rs 2.346 trillion revenue target for fiscal year 2013 likely

The federal government is likely to fix a Rs 2.346 trillion revenue collection target for next fiscal (2012-2013) against Rs 1.952 trillion for 2011-2012 without any increase or decrease in the existing standard rate of 16 percent sales tax. Sources told
Published 15 Apr, 2012 12:00am
Rs 2.346 trillion revenue target for fiscal year 2013 likely

Rs 2.346 trillion revenue target for fiscal year 2013 likely

The federal government is likely to fix a Rs 2.346 trillion revenue collection target for next fiscal (2012-2013) against Rs 1.952 trillion for 2011-2012 without any increase or decrease in the existing standard rate of 16 percent sales tax. Sources told
Published 15 Apr, 2012 12:00am
Rs 2.346 trillion revenue target for fiscal year 2013 likely

Rs 2.346 trillion revenue target for fiscal year 2013 likely

The federal government is likely to fix a Rs 2.346 trillion revenue collection target for next fiscal (2012-2013) against Rs 1.952 trillion for 2011-2012 without any increase or decrease in the existing standard rate of 16 percent sales tax. Sources told
Published 15 Apr, 2012 12:00am
China widens yuan currency trading band

China widens yuan currency trading band

China expanded the yuan''s daily trading band against the dollar on Saturday in a milestone move underscoring its ambition to liberalise its nascent financial markets and turn them into a global force. China''s central bank said the yuan would be allowed
Published 15 Apr, 2012 12:00am
China widens yuan currency trading band

China widens yuan currency trading band

China expanded the yuan's daily trading band against the dollar on Saturday in a milestone move underscoring its ambition to liberalise its nascent financial markets and turn them into a global force. China's central bank said the yuan would be allowed to
Published 15 Apr, 2012 12:00am
China widens yuan currency trading band

China widens yuan currency trading band

China expanded the yuan's daily trading band against the dollar on Saturday in a milestone move underscoring its ambition to liberalise its nascent financial markets and turn them into a global force. China's central bank said the yuan would be allowed to
Published 15 Apr, 2012 12:00am
''Lifestyle Pakistan'' exposition gets impressive response

''Lifestyle Pakistan'' exposition gets impressive response

The "Lifestyle Pakistan" exhibition organised by the Trade Development Authority of Pakistan (TDAP) in collaboration with India Trade Promotion Organisation (ITPO) received marvellous response from Indians who rushed to the venue to buy Pakistani brands.
Published 15 Apr, 2012 12:00am
'Lifestyle Pakistan' exposition gets impressive response

'Lifestyle Pakistan' exposition gets impressive response

The "Lifestyle Pakistan" exhibition organised by the Trade Development Authority of Pakistan (TDAP) in collaboration with India Trade Promotion Organisation (ITPO) received marvellous response from Indians who rushed to the venue to buy Pakistani brands.
Published 15 Apr, 2012 12:00am
'Lifestyle Pakistan' exposition gets impressive response

'Lifestyle Pakistan' exposition gets impressive response

The "Lifestyle Pakistan" exhibition organised by the Trade Development Authority of Pakistan (TDAP) in collaboration with India Trade Promotion Organisation (ITPO) received marvellous response from Indians who rushed to the venue to buy Pakistani brands.
Published 15 Apr, 2012 12:00am
Indo-Pak commerce secretaries to hold talks on May 3

Indo-Pak commerce secretaries to hold talks on May 3

India and Pakistan on Saturday announced that the two countries would create new opportunities to boost business ties and showed readiness for exploring the possibilities of opening more routes to expand economic engagements. Commerce Secretaries of both
Published 15 Apr, 2012 12:00am
Indo-Pak commerce secretaries to hold talks on May 3

Indo-Pak commerce secretaries to hold talks on May 3

India and Pakistan on Saturday announced that the two countries would create new opportunities to boost business ties and showed readiness for exploring the possibilities of opening more routes to expand economic engagements. Commerce Secretaries of both
Published 15 Apr, 2012 12:00am
Indo-Pak commerce secretaries to hold talks on May 3

Indo-Pak commerce secretaries to hold talks on May 3

India and Pakistan on Saturday announced that the two countries would create new opportunities to boost business ties and showed readiness for exploring the possibilities of opening more routes to expand economic engagements. Commerce Secretaries of both
Published 15 Apr, 2012 12:00am
Qadir's appointment as AGP challenged

Qadir's appointment as AGP challenged

A contempt petition filed in the Supreme Court on Saturday sought court orders to declare recent appointment of Attorney General for Pakistan (AGP) Irfan Qadir illegal. Qadir was appointed as AGP by the Federal government while former top legal officer of
Published 15 Apr, 2012 12:00am
Qadir's appointment as AGP challenged

Qadir's appointment as AGP challenged

A contempt petition filed in the Supreme Court on Saturday sought court orders to declare recent appointment of Attorney General for Pakistan (AGP) Irfan Qadir illegal. Qadir was appointed as AGP by the Federal government while former top legal officer of
Published 15 Apr, 2012 12:00am
Hina to visit Washington any time soon

Hina to visit Washington any time soon

Foreign Secretary Jalil Abbas Jilani on Saturday said that Foreign Minister Hina Rabbani Khar would soon visit Washington to pursue resumption of Pak-US strategic dialogue, stalled following killing of al Qaeda leader Osama bin Laden in Abbottabad operati
Published 15 Apr, 2012 12:00am
Hina to visit Washington any time soon

Hina to visit Washington any time soon

Foreign Secretary Jalil Abbas Jilani on Saturday said that Foreign Minister Hina Rabbani Khar would soon visit Washington to pursue resumption of Pak-US strategic dialogue, stalled following killing of al Qaeda leader Osama bin Laden in Abbottabad operati
Published 15 Apr, 2012 12:00am
Hina to visit Washington any time soon

Hina to visit Washington any time soon

Foreign Secretary Jalil Abbas Jilani on Saturday said that Foreign Minister Hina Rabbani Khar would soon visit Washington to pursue resumption of Pak-US strategic dialogue, stalled following killing of al Qaeda leader Osama bin Laden in Abbottabad operati
Published 15 Apr, 2012 12:00am
Hina to visit Washington any time soon

Hina to visit Washington any time soon

Foreign Secretary Jalil Abbas Jilani on Saturday said that Foreign Minister Hina Rabbani Khar would soon visit Washington to pursue resumption of Pak-US strategic dialogue, stalled following killing of al Qaeda leader Osama bin Laden in Abbottabad operati
Published 15 Apr, 2012 12:00am
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