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Print - 2012-05-27
Wealthy Vietnam MP sacked over husband fraud claim

Wealthy Vietnam MP sacked over husband fraud claim

One of Vietnam's wealthiest people was ousted from the communist parliament Saturday, reports said, after she was accused of failing to disclose that her Vietnamese-American husband was wanted for fraud. Dang Thi Hoang Yen, chairwoman of industrial park d
Published 27 May, 2012 12:00am
India calls for US compassion in deportation case

India calls for US compassion in deportation case

India has appealed to Washington to show "utmost compassion" in the case of an Indian woman who was adopted and taken to the US in the 1980s but now faces deportation after being convicted of forgery. The United States government has labelled 30-year-old
Published 27 May, 2012 12:00am
Iran downplays UN find; media wary of Moscow talks

Iran downplays UN find; media wary of Moscow talks

Iran on Saturday downplayed a report by the UN atomic watchdog that uranium traces have been detected of a higher grade than any found before, as local media voiced doubts about the next round of talks on Tehran's nuclear programme. Higher-than-expected t
Published 27 May, 2012 12:00am
Egypt polls 'encouraging' despite constraints: Carter

Egypt polls 'encouraging' despite constraints: Carter

Former US President Jimmy Carter, who is leading a delegation monitoring Egypt's first post-revolt presidential election, said on Saturday the process was "encouraging" despite unprecedented constraints. "I would say that these (elections) have been encou
Published 27 May, 2012 12:00am
Islamists, former Prime Minister reach out to rivals after Egypt vote

Islamists, former Prime Minister reach out to rivals after Egypt vote

The apparent winners of the first round of Egypt's landmark presidential vote reached out to rival candidates on Saturday ahead of a June run-off, as international monitors called the initial voting process "encouraging." Final votes were still being coun
Published 27 May, 2012 12:00am
Greek right warns against euro 'catastrophe'

Greek right warns against euro 'catastrophe'

Greek conservative party New Democracy Saturday formally launched its campaign for the June 17 election, warning a victory for the radical left would cause "catastrophe" and lead Greece out of the euro. New Democracy leader Antonis Samaras laid into the r
Published 27 May, 2012 12:00am
Medvedev chosen to boost Russia's ruling party

Medvedev chosen to boost Russia's ruling party

Russia's ruling party on Saturday approved Prime Minister Dmitry Medvedev as its new chief in a bid to reverse flagging popularity that stoked opposition protests against the Kremlin. A United Russia congress in Moscow overwhelmingly confirmed by a show o
Published 27 May, 2012 12:00am
Singapore ruling party rebuffed in by-election

Singapore ruling party rebuffed in by-election

An opposition candidate won by a landslide in a Singapore by-election on Saturday as voters handed a stinging rebuke to the ruling party in a poll seen as a referendum on their recent reforms. The Workers' Party retained the seat in the district of Hougan
Published 27 May, 2012 12:00am
Two dead, seven injured in Finland gunman shooting

Two dead, seven injured in Finland gunman shooting

Police arrested Saturday an 18-year-old man suspected of killing two people and wounding seven others in a shooting targeting restaurants packed with teenagers in southern Finland. The gunman had opened fire around 1:53 am (2253 GMT) from a rooftop in the
Published 27 May, 2012 12:00am
Obama pays tribute to US war dead

Obama pays tribute to US war dead

President Barack Obama paid tribute Saturday to US soldiers who died in service of the country, saying Americans were committed to the ideals of freedom for which these troops had given their lives. "We give thanks for those who sacrificed everything so t
Published 27 May, 2012 12:00am
'Citizen feedback model to be expanded for better governance'

'Citizen feedback model to be expanded for better governance'

Punjab Chief Minister Shahbaz Sharif has said that Citizen Feedback Model is being enforced in selected districts and its scope will be expanded to all districts of the province. He said that citizen feedback model is a best source of getting public opini
Published 27 May, 2012 12:00am
Date for exam forms announced

Date for exam forms announced

The Controller of Examinations (Annual) University of Sindh, Muhammad Nawaz Narejo has notified that last date for submission of examination forms for appearing at M A, M Sc and M Com previous and final post graduate classes (college side) annual examinat
Published 27 May, 2012 12:00am
Government prepares plan for rural areas' uplift

Government prepares plan for rural areas' uplift

The Chairman National Assembly Standing Committee on Culture MNA Syed Ameer Ali Shah Jamote said that the government had prepared a comprehensive plan for uplift of the rural areas with provision of all such facilities which were enjoying by the citizens
Published 27 May, 2012 12:00am
SECP chief urges need to incorporate three million businesses

SECP chief urges need to incorporate three million businesses

About three million businesses in Pakistan operate as non-corporate entities and there is an urgent need to get them incorporated so that they become part of the formal and documented corporate sector, with the vision of 'Pakistan Incorporated.' SECP Chai
Published 27 May, 2012 12:00am
'National Assembly speaker's decision proves PPP stance's correctness'

'National Assembly speaker's decision proves PPP stance's correctness'

Pakistan Peoples Party Punjab, President, and State Minister Imtiaz Safdar Warraich said on Saturday the decision of the National Assembly speaker proved the party stance was correct. Talking to the media at PPP Punjab office, he said that the decision of
Published 27 May, 2012 12:00am
US corn, soya farmers plant in record time

US corn, soya farmers plant in record time

US farmers planted corn and soyabeans in record time last week as they took advantage of the warm, dry weather throughout the US Midwest, Monday's weekly US Agriculture Department planting data showed. That progress puts farmers within striking distance o
Published 27 May, 2012 12:00am
China sees higher rubber demand

China sees higher rubber demand

China's total in 2012, fuelled by demand from the automobile and other sectors, a senior rubber industry official said on Thursday, despite a slowdown in the world's second-largest economy. China accounts for 35 percent of global natural rubber consumptio
Published 27 May, 2012 12:00am
Gold climbs before US holiday, down on week

Gold climbs before US holiday, down on week

Gold prices edged higher on Friday after another day of choppy trading but the shiny metal still finished the week lower after broad commodities selling earlier in the week due in part to a strong dollar. Gold's globally traded spot contract and New York'
Published 27 May, 2012 12:00am
Central Asia Metals starts copper output in Kazakhstan

Central Asia Metals starts copper output in Kazakhstan

London-listed Central Asia Metals said on Wednesday it had launched copper production in Kazakhstan at a plant which extracts the metal from waste dumps left over from Soviet-era mines. Central Asia Metals built the processing plant at the old Kounrad min
Published 27 May, 2012 12:00am
Thailand rice prices slip but Iraqi demand lends support

Thailand rice prices slip but Iraqi demand lends support

Thai rice prices slipped this week on the prospect of fresh supply flooding into the market although demand from Iraq provided some support, while Vietnamese prices continued to fall as loading demand subsided, traders said on Wednesday. Thailand's benchm
Published 27 May, 2012 12:00am
Forward sales spare Brazil's mills from sugar's dive

Forward sales spare Brazil's mills from sugar's dive

Brazil's sugar mills have already sold as much as three-quarters of their projected output for this season, far more than a year ago, limiting the risk that tumbling prices for the sweetener will drive them to use more of their cane to make ethanol instea
Published 27 May, 2012 12:00am
Belgian watchdog directs warehouse on coffee loading

Belgian watchdog directs warehouse on coffee loading

Belgium's competition authority has ordered Port Real Estate, a warehouse operator at Antwerp port, to maintain a minimum volume for loading out certified robusta coffee, it said on Friday. The Competition Council of Belgium ordered Port Real Estate to lo
Published 27 May, 2012 12:00am
Black Sea wheat crop regions hit; damage worse without rain

Black Sea wheat crop regions hit; damage worse without rain

A spring drought in wheat growing regions on the Black Sea has already reduced the outlook for this year's harvest but forecast rains could halt the damage in the coming days and weeks, a crucial period for crop development.
Published 27 May, 2012 12:00am
Commodity prices slide on Greek euro exit fears

Commodity prices slide on Greek euro exit fears

Many commodity markets sank this week to fresh multi-month lows, as the dollar surged to 22-month peaks against the euro on mounting fears that Greece could be heading for the eurozone exit. "The ongoing uncertainty over the eurozone debt crisis and conta
Published 27 May, 2012 12:00am
Missing persons

Missing persons

This refers to May 24 media report on the proceedings of the 'missing persons' case being taken up by a Supreme Court bench, headed by Chief Justice Iftikhar Muhammad Chaudhry. Overwhelmed by extreme frustration over the inaction, unwillingness of the gov
Published 27 May, 2012 12:00am
Syrians flee Houla area after massacre

Syrians flee Houla area after massacre

Residents of a town in central Syria are fleeing after shelling attacks by government forces killed more than 90 people, activists and relatives in neighbouring Lebanon said on Saturday. "We are leaving now," Ahmed Kassem quoted his father as telling him
Published 27 May, 2012 12:00am
Invisible enemy

Invisible enemy

Pakistan Information Security Association (PISA) recently held a Cyber Security Conference at Islamabad. This paper analyzes key aspects of the discourse, captures important observations and recommends action points for securing Pakistan's cyberspace.
Published 27 May, 2012 12:00am
Welfare state wither away

Welfare state wither away

The forthcoming federal budget will focus on accelerating the pace of economic growth, although in the ongoing global economic debate, emphasis has been shifted from growth to green growth, a newly coined terminology, which implies that the poor must bene
Published 27 May, 2012 12:00am
Neglect of environmental degradation

Neglect of environmental degradation

Thanks to the provinces' lack of preparedness, all environmental conservation plans, duly approved by Pakistan Environment Protection Council, have fallen by the wayside. A press report points out that the various initiatives Pakistan Environmental Protec
Published 27 May, 2012 12:00am
CGT on real estate

CGT on real estate

In its ongoing efforts to explore more venues for taxation so that Pakistan's tax-to-GDP ratio improves at its targeted rate, the government is considering expanding the scope of section 37 of the Income Tax Ordinance 2001 dealing with Capital Gains, whic
Published 27 May, 2012 12:00am
Demonstration for Kazmi's release

Demonstration for Kazmi's release

A protest demonstration here on Saturday was staged against the rejection of acquittal plea of former federal minister for Religious Affairs Hamid Saeed Kazmi. The protesters led by Muhammad Bilal Saeedi and Qari Mati-ur-Rasul were carrying placards and b
Published 27 May, 2012 12:00am
577 veterinary officers undergo capacity-building training

577 veterinary officers undergo capacity-building training

As many as 577 veterinary officers have completed capacity building training to uplift the inner capability and polish their innovative skills to contribute the livestock services across the province.
Published 27 May, 2012 12:00am
Engines purchase scandal: former GM Railways remand extended

Engines purchase scandal: former GM Railways remand extended

An accountability court here on Saturday extended physical remand of former general manager Railway Saeed Akhtar involved in railway engines purchase scandal and handed him over to National Accountability Bureau (NAB) officials for two weeks.
Published 27 May, 2012 12:00am
Fuel farm house at NBBIAP: PSO, APL making efforts to get contract

Fuel farm house at NBBIAP: PSO, APL making efforts to get contract

Pakistan State Oil (PSO) and Attock Petroleum Limited (APL) are competing to get the contract of a fuel farm house at under-construction New Benazir Bhutto International Airport (NBBIAP), sources revealed to Business Recorder here on Saturday.
Published 27 May, 2012 12:00am
Dr Afridi's sentencing further sours Pak-US tensions

Dr Afridi's sentencing further sours Pak-US tensions

Tensions between Pakistan and the US have further escalated with US Secretary of State Hillary Clinton condemning the conviction and 33 jail sentence of Dr Shakil Afridi stating that it had "no basis" and the doctor's fate was among "the many issues impor
Published 27 May, 2012 12:00am
Met office forecasts hot, dry weather

Met office forecasts hot, dry weather

The Meteorological Department on Saturday has forecast hot and dry weather in most part of the province with chances of isolated rain in Malakand and Hazara division during next 24 hours. According to met office partly cloudy weather is expected with a po
Published 27 May, 2012 12:00am
Copyright Act: Cases to be registered after thorough verification

Copyright Act: Cases to be registered after thorough verification

Capital City Police Officer (CCPO), Muhammad Aslam Tareen has said that, in future, all cases under the Copyright Act, Section 66/67, would only be registered after prompt and thorough verification by the concerned SDPO, and with the approval of DIG Opera
Published 27 May, 2012 12:00am
Concern voiced over growing deforestation

Concern voiced over growing deforestation

Residents of Ayun from district Chitral have expressed grave concern over the growing deforestation in different parts of Chitral, demanded of the government to take immediate action against timer mafia to end illegal practice.
Published 27 May, 2012 12:00am
Contempt verdict: 'Prime Minister can file appeal till June 15'

Contempt verdict: 'Prime Minister can file appeal till June 15'

Rejecting the impression being created about the deadline for moving an appeal against the contempt verdict, Special Assistant to the Prime Minister Fawad Chaudhry advocate on Saturday said after the announcement of detailed judgement by the Supreme Court
Published 27 May, 2012 12:00am
55th annual general meeting of PIA held

55th annual general meeting of PIA held

Pakistan International Airline (PIA) Chairman and Chief Executive Officer (CEO), Air Chief Marshal Rao Qamar Suleman (Retd) presided over the 55th Annual General Meeting here on Saturday, wherein PIA shareholders enthusiastically participated and put fort
Published 27 May, 2012 12:00am
SCCI, SNGPL agree to work jointly for consumers' issues

SCCI, SNGPL agree to work jointly for consumers' issues

The Sarhad Chamber of Commerce & Industry (SCCI) and Sui-Northern Gas Pipeline Limited (SNGPL) have agreed to joint workout for resolution of low pressure gas issue, leakage and replacement of dilapidated supply pipelines. Both authorities with support of
Published 27 May, 2012 12:00am
Doctors in Khyber Pakhtunkhwa, Fata seek regularisation of jobs

Doctors in Khyber Pakhtunkhwa, Fata seek regularisation of jobs

Doctors serving on ad hoc basis in different teaching hospitals and periphery units in Khyber-Pakhtunkhwa and FATA are demanding of the government to regularise their services forthwith. Addressing at a press conference here at Peshawar Press Club, the Pr
Published 27 May, 2012 12:00am
Wapda plans to fill Mangla Dam

Wapda plans to fill Mangla Dam

The Water and Power Development Authority (Wapda) has planned to fill the raised Mangla Dam up to its maximum level of 1,242 feet this year subject to the availability of water against last year's test-filling of 1210 feet. The standard operating procedur
Published 27 May, 2012 12:00am
49 workers' welfare schools established in Punjab

49 workers' welfare schools established in Punjab

Punjab Labour Minister, Haji Ehsan Uddin Qureshi has said that Punjab Workers Welfare Board (PWWB) has established 49 workers welfare schools throughout the Punjab and Matric Tech Programme has already been introduced in nine schools besides pointing out
Published 27 May, 2012 12:00am
Twelve robberies, nine carjackings reported

Twelve robberies, nine carjackings reported

As many as 12 cases of robberies and nine of carjacking were reported to various city police stations last week. According to the data gathered by Business Recorder, thieves looted three houses and carjackers steered away a vehicle from the limits of Marg
Published 27 May, 2012 12:00am
Grenade attack on seafood eatery kills one, causes injuries to 13

Grenade attack on seafood eatery kills one, causes injuries to 13

At least a man was killed while 13 others sustained injures when unidentified armed men, who were said to be the associates of notorious gangster Ahmad Ali Magsi, hurled hand grenade a seafood eatery (Yadgar Fish) located in Jamsheed Quarter police remits
Published 27 May, 2012 12:00am
Basmati rice risk losing its global position

Basmati rice risk losing its global position

In the absence of a Geographical Indication (GI) law, the superior quality Pakistani Basmati rice may lose its position in the international market after the Philippines and Bangladesh moved to introduce their rice varieties. Exporters said that the count
Published 27 May, 2012 12:00am
'Samsung Dost' introduced

'Samsung Dost' introduced

Samsung Electronics Company Limited has now introduced 'Samsung Dost' - an interactive development programme for its business partners, stakeholders and customers. A ceremony was held in Lahore recently to formally launch this initiative. The initiative c
Published 27 May, 2012 12:00am
Prime suspect of Wali Babar case killed

Prime suspect of Wali Babar case killed

A prime suspect in the murder of journalist Wali Khan Babar namely Liaquat Ali was killed in an alleged police encounter in the limits of Darakshan police station. According to police, a police patrolling party intercepted three bikes carrying six persons
Published 27 May, 2012 12:00am
LCCI seeks implementation of decisions taken at energy moot

LCCI seeks implementation of decisions taken at energy moot

Lahore Chamber of Commerce and Industry (LCCI) has demanded of the government to implement decisions of Energy Conference 2012 and ensure adequate and equal supply of electricity throughout the country.
Published 27 May, 2012 12:00am
Food inspectors accused of taking bribes

Food inspectors accused of taking bribes

The quality of food being sold in city goes unchecked due to what sources said food inspectors used to take bribe against issuing non objection certificate to food sellers. Selling of substandard food has put lives of citizens on risk besides it also caus
Published 27 May, 2012 12:00am
Firdous criticises role of opposition

Firdous criticises role of opposition

Federal Minister for Regulation and Services Dr Firdous Ashiq Awan on Saturday urged upon the opposition to concentrate on the betterment of the masses and overall development of the country and refrain from the politics of opposition for the sake of oppo
Published 27 May, 2012 12:00am
Two polio cases detected in Sindh

Two polio cases detected in Sindh

As many as 16 cases of polio have come to the fore in the year 2012 and two of them in the province of Sindh. This was stated by the Sindh Minister for Health, Dr Sagheer Ahmed. He was presiding over a meeting to review the polio eradication campaign on S
Published 27 May, 2012 12:00am
Research on innovative technologies urged

Research on innovative technologies urged

Top international computer scientists and IT specialists have called for focusing research on innovative technologies to spur Pakistan's development in banking, industry and telecommunications. They made this observation while addressing the first interna
Published 27 May, 2012 12:00am
No cartel operating in cement industry

No cartel operating in cement industry

Cement industry circles has termed increase of Rs 10 per 50kgs cement bag by the south zone's cement companies and decrease of Rs 20 per bag in the north zone as a proof that there is no cartel working in the industry. Sources in the industry said the all
Published 27 May, 2012 12:00am
Pakistan should resume Nato supply routes: Abida Hussain

Pakistan should resume Nato supply routes: Abida Hussain

Pakistan should allow the resumption of Nato supplies and both the civilian and military leadership should not act unintelligently to let an "economic meltdown stare us in the face", former federal minister and ambassador to US Begum Abida Hussain said on
Published 27 May, 2012 12:00am
Chief minister Punjab condoles

Chief minister Punjab condoles

Punjab Chief Minister Shahbaz Sharif on Saturday visited the residence of MNA Wasim Akhtar to offer condolences on the death of his father. The CM remained with the family for some time and offered Fateha for the departed soul. Punjab Assembly Speaker Ran
Published 27 May, 2012 12:00am
Lieutenant General Imtiaz Hussain commits suicide

Lieutenant General Imtiaz Hussain commits suicide

Former Army Trust Chairman Lieutenant General Imtiaz Hussain (Retd) committed suicide in mysterious circumstances on Saturday, source said. His body was taken to Fauji Foundation Hospital and later shifted to Combined Military Hospital (CMH). He has serve
Published 27 May, 2012 12:00am
Nestle Pakistan announces new MD

Nestle Pakistan announces new MD

Nestlé Pakistan - the world's leading nutrition, health and wellness company - has announced change in responsibilities of Ian James Donald as the Managing Director of Nestle Equatorial African Region (EAR). In his place, Magdi Batato will take the respon
Published 27 May, 2012 12:00am
Call for duty free access to US, EU markets

Call for duty free access to US, EU markets

Greater duty free access to Pakistani exports to USA and European markets is imperative to face the current economic recession and the Government of Pakistan should take immediate administrative and diplomatic initiatives to achieve this objective, said R
Published 27 May, 2012 12:00am
'Promotion of SME sector need of the hour'

'Promotion of SME sector need of the hour'

The International Finance Corporation (IFC), World Bank Trainer, Naveed Karim has said IFC foster suitable economic growth in Pakistan by supporting private sector development, creating opportunities for people to escape poverty and improve their lives.
Published 27 May, 2012 12:00am
Prepaid calling card service: IHC settles PTCL, PTA dispute

Prepaid calling card service: IHC settles PTCL, PTA dispute

The case between PTCL and Pakistan Telecommunication Authority (PTA) has finally been decided by the Islamabad High Court by dismissing PTCL appeal regarding dispute concerning origination charges on "Non-prepaid calling card service". It is clarified tha
Published 27 May, 2012 12:00am
DPC vows to block Nato supplies

DPC vows to block Nato supplies

Chief of the Jamaat-i-Islami (JI) Syed Munawwar Hassan on Saturday vowed to block Nato supplies across the country and foil government's possible move to resume the transportation of fuel and cargo to the alliance's troops in Afghanistan. Addressing a pre
Published 27 May, 2012 12:00am
DPC vows to block Nato supplies

DPC vows to block Nato supplies

Chief of the Jamaat-i-Islami (JI) Syed Munawwar Hassan on Saturday vowed to block Nato supplies across the country and foil government's possible move to resume the transportation of fuel and cargo to the alliance's troops in Afghanistan. Addressing a pre
Published 27 May, 2012 12:00am
Body of a soldier recovered from Gyari

Body of a soldier recovered from Gyari

Rescue team has recovered body of a soldier from Gyari Sector, Aaj News reported late Saturday night. According to the channel, the body was recovered on 50th day of rescue operation being carried out in Gyari Sector of Siachen, where more than 100
Published 27 May, 2012 12:00am
Body of a soldier recovered from Gyari

Body of a soldier recovered from Gyari

Rescue team has recovered body of a soldier from Gyari Sector, Aaj News reported late Saturday night. According to the channel, the body was recovered on 50th day of rescue operation being carried out in Gyari Sector of Siachen, where more than 100
Published 27 May, 2012 12:00am
India test-fires Akash missile

India test-fires Akash missile

India on Saturday successfully test-fired its home-made surface-to-air missile Akash from Chandipur in the eastern state of Orissa, sources said. This comes two days after the country successfully test-fired a similar Akash missile from the same place. "T
Published 27 May, 2012 12:00am
India test-fires Akash missile

India test-fires Akash missile

India on Saturday successfully test-fired its home-made surface-to-air missile Akash from Chandipur in the eastern state of Orissa, sources said. This comes two days after the country successfully test-fired a similar Akash missile from the same place. "T
Published 27 May, 2012 12:00am
Siachen issue: India has an edge, says General Singh

Siachen issue: India has an edge, says General Singh

Indian Army Chief, General VK Singh has said that India could not take statement of General Ashfaq Parvez Kayani seriously, a private TV channel reported Saturday. Indian army chief made these remarks in a television interview. General Singh said that Ind
Published 27 May, 2012 12:00am
Siachen issue: India has an edge, says General Singh

Siachen issue: India has an edge, says General Singh

Indian Army Chief, General VK Singh has said that India could not take statement of General Ashfaq Parvez Kayani seriously, a private TV channel reported Saturday. Indian army chief made these remarks in a television interview. General Singh said that Ind
Published 27 May, 2012 12:00am
Kitchen items'' prices register substantial increase

Kitchen items'' prices register substantial increase

The prices of most of the essential kitchen items including ghee/cooking oil, sugar, milk, LPG and cooked items/meal registered a substantial increase last week as compared to preceding week, revealed a survey conducted by Business Recorder on Satu
Published 27 May, 2012 12:00am
Kitchen items' prices register substantial increase

Kitchen items' prices register substantial increase

The prices of most of the essential kitchen items including ghee/cooking oil, sugar, milk, LPG and cooked items/meal registered a substantial increase last week as compared to preceding week, revealed a survey conducted by Business Recorder on Satu
Published 27 May, 2012 12:00am
Kitchen items' prices register substantial increase

Kitchen items' prices register substantial increase

The prices of most of the essential kitchen items including ghee/cooking oil, sugar, milk, LPG and cooked items/meal registered a substantial increase last week as compared to preceding week, revealed a survey conducted by Business Recorder on Satu
Published 27 May, 2012 12:00am
FBR identifies 119,870 non-filer salaried persons

FBR identifies 119,870 non-filer salaried persons

The Federal Board of Revenue has identified 119,870 non-filer salaried persons, drawing annual salary of more than Rs 0.5 million. They were required to e-file their returns of income for tax year 2011 on e-portal of FBR but they did not discharge their l
Published 27 May, 2012 12:00am
FBR identifies 119,870 non-filer salaried persons

FBR identifies 119,870 non-filer salaried persons

The Federal Board of Revenue has identified 119,870 non-filer salaried persons, drawing annual salary of more than Rs 0.5 million. They were required to e-file their returns of income for tax year 2011 on e-portal of FBR but they did not discharge their l
Published 27 May, 2012 12:00am
FBR identifies 119,870 non-filer salaried persons

FBR identifies 119,870 non-filer salaried persons

The Federal Board of Revenue has identified 119,870 non-filer salaried persons, drawing annual salary of more than Rs 0.5 million. They were required to e-file their returns of income for tax year 2011 on e-portal of FBR but they did not discharge their l
Published 27 May, 2012 12:00am
SMS charges: TI receives complaint against cellular company

SMS charges: TI receives complaint against cellular company

Transparency International Pakistan has received a complaint against a cellular company which alleges that one particular company is unlawfully charging monthly Rs 2 plus 19.5 percent GST on account of use of SMS Service. The complainant has claimed that
Published 27 May, 2012 12:00am
SMS charges: TI receives complaint against cellular company

SMS charges: TI receives complaint against cellular company

Transparency International Pakistan has received a complaint against a cellular company which alleges that one particular company is unlawfully charging monthly Rs 2 plus 19.5 percent GST on account of use of SMS Service. The complainant has claimed that
Published 27 May, 2012 12:00am
SMS charges: TI receives complaint against cellular company

SMS charges: TI receives complaint against cellular company

Transparency International Pakistan has received a complaint against a cellular company which alleges that one particular company is unlawfully charging monthly Rs 2 plus 19.5 percent GST on account of use of SMS Service. The complainant has claimed that
Published 27 May, 2012 12:00am
Foreigners bought shares worth $12.3 million last week

Foreigners bought shares worth $12.3 million last week

Despite worsening law and order situation and lingering Nato supply issue, foreign investors turned net buyers of shares at the local equity market during the outgoing week ended May 25, 2012. Foreign investors remained net buyers of shares worth $12.305
Published 27 May, 2012 12:00am
Foreigners bought shares worth $12.3 million last week

Foreigners bought shares worth $12.3 million last week

Despite worsening law and order situation and lingering Nato supply issue, foreign investors turned net buyers of shares at the local equity market during the outgoing week ended May 25, 2012. Foreign investors remained net buyers of shares worth $12.305
Published 27 May, 2012 12:00am
Foreigners bought shares worth $12.3 million last week

Foreigners bought shares worth $12.3 million last week

Despite worsening law and order situation and lingering Nato supply issue, foreign investors turned net buyers of shares at the local equity market during the outgoing week ended May 25, 2012. Foreign investors remained net buyers of shares worth $12.305
Published 27 May, 2012 12:00am
Saudi crown prince leaves for more medical tests

Saudi crown prince leaves for more medical tests

Saudi Crown Prince Nayef bin Abdul Aziz left the country on Saturday for medical tests abroad for the second time in less than three months, the official SPA news agency said. It said Prince Nayef, who is also interior minister, left the country "on a pri
Published 27 May, 2012 12:00am
Rocket kills two in Quetta

Rocket kills two in Quetta

Rockets fired by suspected insurgents Saturday killed two people and wounded 20 others in Quetta, police and hospital officials said. One rocket which landed at a busy market killed a 17-year-old boy and wounded 18 others, police said. One of the injured
Published 27 May, 2012 12:00am
Iran has enough uranium for five bombs: expert

Iran has enough uranium for five bombs: expert

Iran has significantly stepped up its output of low-enriched uranium and total production in the last five years would be enough for at least five nuclear weapons if refined much further, a US security institute said. The Institute for Science and Interna
Published 27 May, 2012 12:00am
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