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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-11-30
Seoul shares climb

Seoul shares climb

South Korean shares climbed on Thursday, hitting a three-week closing high as hints of a possible compromise in US fiscal talks spurred investor appetite. The Korea Composite Stock Price Index (KOSPI) rose 1.15 percent to close at 1,934.85 points, its hig
Published 30 Nov, 2012 12:00am
UK shares scale three-week highs on US budget optimism

UK shares scale three-week highs on US budget optimism

Britain's FTSE 100 scaled three-week highs on Thursday, cheered by promises of spending cuts at miner Rio Tinto and by growing hopes of achieving a US budget deal to avoid recession in the world's biggest economy. The US 'fiscal cliff' of some $600 billio
Published 30 Nov, 2012 12:00am
Sterling falls against euro

Sterling falls against euro

Sterling fell against the euro on Thursday after weaker UK lending data added to expectations for more quantitative easing, which would likely keep the British currency under pressure. Market players cited some buying of the euro and selling of sterling b
Published 30 Nov, 2012 12:00am
Yen steadies in Asia

Yen steadies in Asia

The yen held steady below a one-week high versus the dollar on Thursday, while the euro found some support as comments from US policymakers rekindled hopes of a deal to avert a sharp fiscal tightening. "For the moment, the US fiscal cliff seems to be a do
Published 30 Nov, 2012 12:00am
Euro rises in London

Euro rises in London

The euro rose against the dollar on Thursday after comments from US policymakers revived expectations of a deal being reached to avert sharp fiscal tightening in the world's largest economy. The euro also gained a boost as Italy's 10-year borrowing costs
Published 30 Nov, 2012 12:00am
Midday trade in New York: euro slips versus dollar

Midday trade in New York: euro slips versus dollar

The euro slipped from one-month highs against the dollar to trade just slightly higher on Thursday after comments by top Republican lawmaker John Boehner dented a spate of optimism over an agreement to avert higher taxes and spending cuts in the world's l
Published 30 Nov, 2012 12:00am
Euro edges lower

Euro edges lower

The euro fell for a third straight session against the dollar and yen on Wednesday on worries about how a deal on Greek debt would be implemented and uncertainty over whether the United States would avoid the "fiscal cliff." The yen, which typically benef
Published 30 Nov, 2012 12:00am
Bangladesh's interbank forex and interest rates

Bangladesh's interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 81.30-81.60 (previous 81.24-81.74). Call Money Rates: 07.75-08.50 percent (previous 06.00-08.50 percent).
Published 30 Nov, 2012 12:00am
Swiss franc up

Swiss franc up

The Swiss franc edged up against the dollar on Thursday, tracking the euro which firmed on hopes US policymakers could strike a deal to avoid sharp fiscal tightening, though gains were capped by ongoing concerns over a Greek aid deal. The franc rose 0.1 p
Published 30 Nov, 2012 12:00am
Yuan closes flat

Yuan closes flat

China's currency was flat on Thursday, extending the weeks-long deadlock between market forces pushing for appreciation and the central bank's determination to hold the yuan steady. The spot rate ended the day exactly where it was at midday - 6.2281 per d
Published 30 Nov, 2012 12:00am
US budget deal hopes lift Asian forex

US budget deal hopes lift Asian forex

Renewed hopes for a US budget deal supported most emerging Asian currencies, but regional units faced a roadblock of intervention by foreign exchange authorities acting to stem appreciation. The South Korean won rose on month-end demand from exporters, bu
Published 30 Nov, 2012 12:00am
Australian dollar subdued

Australian dollar subdued

The Australian dollar was subdued against the greenback on Thursday as lower corporate spending plans led to increased bets for an interest rate cut, while the New Zealand dollar held its ground with improving business confidence. The Aussie was last at $
Published 30 Nov, 2012 12:00am
Indian rupee climbs

Indian rupee climbs

The Indian rupee rose the most in over two months on Thursday after the government agreed to a vote in parliament on allowing foreign investment in multi-brand retail, raising hopes it would muster a majority and push through key reforms. The rupee, which
Published 30 Nov, 2012 12:00am
Villa passes 300 goals

Villa passes 300 goals

David Villa took his career goals tally to 301 when he netted twice as holders Barcelona eliminated third-tier Alaves 6-1 on aggregate to qualify for the last 16 of the King's Cup on Wednesday. `The Spain striker clipped a sumptuous free kick into the top
Published 30 Nov, 2012 12:00am
World Snooker: Asif moves ahead, Asjad crashes out

World Snooker: Asif moves ahead, Asjad crashes out

Pakistan's top cueman Muhammad Asif advanced in the last 32 round of IBSF World Snooker Championship in Sofia (Bulgaria) with an impressive 4-1 victory over Egyptian cueist Yaser Elsherbiny on Thursday. However debutant and Pakistan No 2, Asjad Iqbal made
Published 30 Nov, 2012 12:00am
Ponting's last stand adds spice to South Africa decider

Ponting's last stand adds spice to South Africa decider

Former undisputed top dogs Australia are desperate to ensure Ricky Ponting ends his career in style by reclaiming the number one ranking from South Africa in the final Test starting on Friday. The Australians have not been at the summit of Test cricket si
Published 30 Nov, 2012 12:00am
Van Persie keeps United top of Premier League

Van Persie keeps United top of Premier League

Robin van Persie scored the fastest goal of the Premier League season - timed at 31 seconds - to keep leaders Manchester United a point clear at the summit after a 1-0 home win over West Ham United on Wednesday. Second-half strikes from the recalled Mario
Published 30 Nov, 2012 12:00am
Ghazanfar shines in Chief of Naval Staff Golf

Ghazanfar shines in Chief of Naval Staff Golf

Ghazanfar Mehmood of Rawalpindi Golf Club played a spectacular first round on Thursday, in the three rounds Chief of Naval Staff Golf Championship, being played at the par 72 Royal Palm Golf Course with a gross score of 69, three under par. A seasoned cam
Published 30 Nov, 2012 12:00am
Scolari returns with Brazil

Scolari returns with Brazil

Brazil on Thursday officially announced Luiz Felipe Scolari as their coach to lead them through to the 2014 World Cup finals on home soil, replacing Mano Menezes, sacked last week. The Brazilian Football Confederation (CBF) named 2002 World Cup winner Sco
Published 30 Nov, 2012 12:00am
Serena named WTA Player of the Year

Serena named WTA Player of the Year

Serena Williams has been named WTA Tour Player of the Year for the fourth time after winning Wimbledon, the US Open and Olympic gold in a stunning summer of success. The American started the year poorly amid concerns over her fitness and motivation and lo
Published 30 Nov, 2012 12:00am
Kiwis post Test win after 14 years

Kiwis post Test win after 14 years

New Zealand registered their first Test win in Sri Lanka for 14 years Thursday, finally removing the defiant Angelo Mathews to level the series 1-1 in Colombo. The Kiwis bowled Sri Lanka out for a second innings total of 195 in the last session of the fif
Published 30 Nov, 2012 12:00am
Ricky Ponting factfile

Ricky Ponting factfile

Factfile on Australia's Ricky Ponting who announced his retirement from Test cricket Thursday ahead of the coming series decider against South Africa in Perth:
Published 30 Nov, 2012 12:00am
Ponting announces Test retirement

Ponting announces Test retirement

Australia's Ricky Ponting called time Thursday on a 17-year Test career that made him the world's second-highest run scorer, announcing this week's clash with South Africa will be his last. "I know I have given cricket my all, it's been my life for 20 yea
Published 30 Nov, 2012 12:00am
Roadside bomb kills 10 Afghans

Roadside bomb kills 10 Afghans

A roadside bomb exploded under a passenger van in southern Afghanistan on Thursday, killing 10 people, most of them women and children, government officials said. Eight people were wounded in the blast in the Deh Rawood district of Uruzgan province, Presi
Published 30 Nov, 2012 12:00am
North Korea's defence chief replaced

North Korea's defence chief replaced

North Korean leader Kim Jong-Un has replaced his defence chief with a hawkish general in a shake-up apparently aimed at tightening his grip over the military, a report said Thursday. Vice Marshal Kim Jong-Gak was sacked as defence minister after just seve
Published 30 Nov, 2012 12:00am
China gives police more sea rights

China gives police more sea rights

China has granted its border patrol police the right to board and turn away foreign ships entering disputed waters in the South China Sea, state media reported Thursday, as the territorial row rumbled on. The move comes after Beijing infuriated its neighb
Published 30 Nov, 2012 12:00am
UN tribunal acquits Kosovo former prime minister of war crimes

UN tribunal acquits Kosovo former prime minister of war crimes

A UN war crimes court on Thursday cleared Kosovo's ex-prime minister Ramush Haradinaj of murder and torture during the 1990s war of independence, enraging Belgrade with the second such acquittal in two weeks. The Hague-based International Criminal Tribuna
Published 30 Nov, 2012 12:00am
Damascus fighting cuts off airport; Emirates suspends flights

Damascus fighting cuts off airport; Emirates suspends flights

Syrian rebels battled forces loyal to President Bashar al-Assad just outside Damascus on Thursday, forcing the closure of the main airport road, and the Dubai-based Emirates airline suspended flights to the Syrian capital. Residents also reported Internet
Published 30 Nov, 2012 12:00am
British inquiry urges new laws to curb 'outrageous' press

British inquiry urges new laws to curb 'outrageous' press

A major inquiry called Thursday for new laws to underpin a tougher watchdog for Britain's "outrageous" newspapers in a verdict that sets up Prime Minister David Cameron for a bruising political battle. Senior judge Brian Leveson, who led an eight-month in
Published 30 Nov, 2012 12:00am
US unveils road map to AIDS-free generation

US unveils road map to AIDS-free generation

Secretary of State Hillary Clinton unveiled Thursday an ambitious US blueprint on how to realise the vision of an AIDS-free generation, aiming to see virtually no babies born with HIV by 2015. "Scientific advances and their successful implementation have
Published 30 Nov, 2012 12:00am
Zucker to head CNN

Zucker to head CNN

Former NBC top executive Jeff Zucker was named Thursday as president of CNN Worldwide, heading up the news media operation as it seeks to adapt to new technology platforms. Zucker will start in January as head of the 23 news and information businesses inc
Published 30 Nov, 2012 12:00am
South Africa upper house ignores outcry, passes secrecy bill

South Africa upper house ignores outcry, passes secrecy bill

South Africa's ruling African National Congress on Thursday used its parliamentary majority to pass a reworked secrecy bill through the upper house, brushing aside fears that it will muzzle whistleblowers and the media. The bill, which still has to clear
Published 30 Nov, 2012 12:00am
UN nuclear chief sees no progress on Iran concerns

UN nuclear chief sees no progress on Iran concerns

The UN nuclear agency made no progress in a year-long push to find out if Iran worked on developing an atomic bomb, its chief said on Thursday, calling for urgent efforts to end Tehran's stand-off with the West. Yukiya Amano said he would not give up seek
Published 30 Nov, 2012 12:00am
New York cotton slips; off lows after Boehner comments

New York cotton slips; off lows after Boehner comments

US cotton futures closed slightly lower on Wednesday, dropping along with other commodities which weakened on a stronger dollar. Comments by US House Speaker John Boehner voicing optimism that Republicans could broker a pact with the White House to avoid
Published 30 Nov, 2012 12:00am
Shanghai copper rises

Shanghai copper rises

The most-traded March copper contract on the Shanghai Futures Exchange rose 0.37 percent to close at 56,390 yuan ($9,100) a tonne after a prominent US lawmaker expressed confidence the world's top economy would avert a looming fiscal crisis, but worries C
Published 30 Nov, 2012 12:00am
Copper hits highest in a month

Copper hits highest in a month

Copper rose to its highest in more than a month on Thursday as the dollar fell and the euro rose on signs the bloc's debt crisis had started to ease and on optimism US lawmakers will agree a deal to avert higher taxes and spending cuts. The US economy als
Published 30 Nov, 2012 12:00am
Oil up on US budget optimism, Middle East tensions

Oil up on US budget optimism, Middle East tensions

Oil prices rose on Thursday for the first time this week on optimism that US lawmakers will resolve a budget fight to avert an economic slowdown and on increasing Middle East tensions that stoked fear about disruptions to oil supplies. A US budget deal wo
Published 30 Nov, 2012 12:00am
Tokyo rubber futures up

Tokyo rubber futures up

Key TOCOM rubber futures edged up on Thursday tracking gains in shares and oil, but a decline in the Shanghai market and concerns on sluggish demand capped gains. "The market managed to stay in the positive territory helped by gains in share and oil price
Published 30 Nov, 2012 12:00am
Palm oil falls

Palm oil falls

Malaysian palm oil futures fell to a 2-week low on Thursday, extending losses for a third straight session as weak sentiment dominated the market with investors worrying about record high stocks. Traders are looking out for Malaysia's palm products export
Published 30 Nov, 2012 12:00am
Wheat stays higher

Wheat stays higher

US wheat futures rose on Wednesday for the seventh straight session, the longest rally since July, as stronger US export prospects and record-low crop conditions triggered a rebound from an early dip even as other commodity markets tumbled. Rising wheat p
Published 30 Nov, 2012 12:00am
Cocoa and sugar climb

Cocoa and sugar climb

Cocoa and sugar futures moved higher on Thursday, in line with firm commodity markets, as hopes rose that the United States would avert a fiscal crisis, while coffee pared earlier gains. A benchmark world stock index rallied to a three-week high and the e
Published 30 Nov, 2012 12:00am
Gold tumbles in New York

Gold tumbles in New York

Gold fell 1.5 percent on Wednesday, its biggest one-day drop in nearly a month, as deflation worries related to a US fiscal crisis and debt-stricken Greece triggered a heavy bout of stop-loss orders from momentum-driven fund investors. Spot gold hit a low
Published 30 Nov, 2012 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold steadied on Thursday to trade in a narrow range, after suffering its biggest daily decline in nearly four weeks in the previous session, as investors nervously eyed a looming deadline for averting a US fiscal crisis. Spot gold was nearly flat at $1,7
Published 30 Nov, 2012 12:00am
Gold rises in Europe

Gold rises in Europe

Gold prices firmed on Thursday in line with stocks and other commodities, further retracing the previous day's sharp fall, as renewed optimism that a deal will be reached to resolve the US fiscal crisis boosted appetite for assets seen as higher risk.
Published 30 Nov, 2012 12:00am
US MIDDAY: soya rises

US MIDDAY: soya rises

US soyabeans rose to a three-week high early on Thursday, led by increasing soyameal prices and forecasts for continued wet weather during the planting season in Argentina. Strong US export demand for soya products also propped up futures, which climbed f
Published 30 Nov, 2012 12:00am
US MIDDAY: gold soars

US MIDDAY: gold soars

Gold prices rose early on Thursday in line with stocks and other commodities, further retracing the previous day's sharp fall, as renewed optimism that a deal will be reached to resolve the US fiscal crisis boosted appetite for assets seen as higher risk.
Published 30 Nov, 2012 12:00am
CAA in somnolent state over growing bird menace

CAA in somnolent state over growing bird menace

Civil Aviation Authority (CAA) appears to be in a state of somnolence over the growing bird menace, making safe landing and take off for the aircraft at the Jinnah International Airport Karachi, risky and unsafe. Although CAA is mandated to keep the sky c
Published 30 Nov, 2012 12:00am
269th annual Urs of Shah Abdul Latif Bhitai

269th annual Urs of Shah Abdul Latif Bhitai

The Provincial Secretary, Culture Department, Abdul Aziz Uqaili has said that 269th Annual Urs of great Saint Poet Hazrat Shah Abdul Latif Bhitai would be celebrated with dignity and devotion in the next month at Bhitshah. This he said while presiding ove
Published 30 Nov, 2012 12:00am
IFC, ADB set to become shareholders in KESC

IFC, ADB set to become shareholders in KESC

Karachi Electric Supply Company (KESC) has declared through a statement that two of its debt financiers, International Finance Corporation (IFC) and Asian Development Bank (ADB) who are lenders of US $275 million to KESC have expressed their intent to par
Published 30 Nov, 2012 12:00am
IFC, ADB set to become shareholders in KESC

IFC, ADB set to become shareholders in KESC

Karachi Electric Supply Company (KESC) has declared through a statement that two of its debt financiers, International Finance Corporation (IFC) and Asian Development Bank (ADB) who are lenders of US $275 million to KESC have expressed their intent to par
Published 30 Nov, 2012 12:00am
Economic upturn expected after election: Muneer

Economic upturn expected after election: Muneer

Leader of Business Community and former President FPCCI, S M Muneer expressed hope that prevailing economic condition may improve after general elections expected tto be held in next few months Speaking at condolence meeting to pay homage to former Vice C
Published 30 Nov, 2012 12:00am
Doctors continue strike despite Dr Saeed's recovery

Doctors continue strike despite Dr Saeed's recovery

A strike called by doctors in Balochistan continued on Thursday despite the recovery of Dr Saeed Ahmed, an ophthalmologist, who was abducted a couple of months ago. But in the wake of continuous strike, young doctors are divided in two groups as one of th
Published 30 Nov, 2012 12:00am
AEC claims arrest of 'target killer', 3 TTP workers

AEC claims arrest of 'target killer', 3 TTP workers

Anti Extremist Cell (AEC) of Crime Investigation Department (CID) on Thursday claimed to have nabbed four alleged felons including three members of banned outfit Tehrik-e-Taliban Pakistan (TTP) and a target killer during raid at Saeedabad area.
Published 30 Nov, 2012 12:00am
Three MQM-H activists among seven killed

Three MQM-H activists among seven killed

The unabated targeted killings on Thursday continued as seven more persons including three senior workers of Mohajir Qaumi Movement (MQM-H) and a couple in separate incidents of violence at various parts of the metropolis. According to police and rescue s
Published 30 Nov, 2012 12:00am
FICAC awards Medal of Honour to Ishtiaq Baig

FICAC awards Medal of Honour to Ishtiaq Baig

The World Federation of Consuls (FICAC) has awarded Medal of Honour to Ishtiaq Baig Hon Consul General of Morocco, for his contribution to diplomatic community and his outstanding services as Hon. Consul General. The medal was conferred at the 10th World
Published 30 Nov, 2012 12:00am
11th National IT Excellence Awards: Teradata calls for nominations

11th National IT Excellence Awards: Teradata calls for nominations

Teradata Corporation (NYSE: TDC), the data analysis solutions company, announced that nominations for the 11th Teradata National IT Excellence Awards were being accepted until January 1st, 2013. Nominations would be received for the period January 2011-De
Published 30 Nov, 2012 12:00am
Australian reservations on mangoes not addressed

Australian reservations on mangoes not addressed

The unnecessary delay in documentation at ministries/public sector departments has always remained a major hurdle in resolution of any issue. Some reservations shown by Australian Audit team about the process of the proposed mango export to Australia are
Published 30 Nov, 2012 12:00am
Teli to inaugurate Indian textile exhibition today

Teli to inaugurate Indian textile exhibition today

Siraj Kassam Teli, Chairman, Businessmen Group and former president, Karachi Chamber of Commerce and Industry (KCCI) will inaugurate the two-day Indian textile exhibition on Friday. The KCCI in collaboration with Synthetic & Rayon Textiles Export Promotio
Published 30 Nov, 2012 12:00am
'Energy priorities'

'Energy priorities'

Apropos Business Recorder's editorial 'Energy priorities', it is a matter of grave concern that at the current gas consumption rate our known gas reserves can last for only 18 years. But the question whether the government, which is said to be trying to i
Published 30 Nov, 2012 12:00am
Swiss banks forced to discover merits of clean money

Swiss banks forced to discover merits of clean money

As a planned tax repatriation deal between Switzerland and Germany is likely to be blocked by left-wing opposition in Berlin, Swiss banks are now taking the only option available: forcing foreign tax evaders to come clean. Under the proposed agreement, Ge
Published 30 Nov, 2012 12:00am
India's giggling guru says laugh yourself to good health

India's giggling guru says laugh yourself to good health

India's "guru of giggling" Madan Kataria, who has got thousands of people guffawing globally in pursuit of better health, has an unexpected confession - he hasn't got a very good sense of humour. "But you don't require one to laugh," chortles Kataria, fou
Published 30 Nov, 2012 12:00am
Reckless borrowings

Reckless borrowings

The government borrowing from commercial banks during the first quarter of the current fiscal year surpassed budgetary projections - Rs 546 billion during July-September 2012, up by 16 percent against the budgetary projection of Rs 484 billion. Total borr
Published 30 Nov, 2012 12:00am
A toothless tiger

A toothless tiger

Too little too late - that perhaps is the only befitting description for the approval of an anti-terrorism draft bill by the federal cabinet on Wednesday. How soon will it become an act of parliament, it won't take long given the innocuous nature of the p
Published 30 Nov, 2012 12:00am
CNG: chaos, confusion and conflict

CNG: chaos, confusion and conflict

Long queues of vehicles can be seen along roads leading to stations selling Compressed Natural Gas (CNG), as majority of CNG stations prefer to remain shut. The owners of closed CNG stations are not willing to sell CNG at a price which they argue is devoi
Published 30 Nov, 2012 12:00am
Criminal justice system needs revision: experts

Criminal justice system needs revision: experts

Legal experts have maintained that the prevailing Criminal Justice System of Pakistan needs to be revised to address existing crimes so that the culprits could be brought to the book. The criminal justice system of Pakistan introduced by the British Empir
Published 30 Nov, 2012 12:00am
Firefighters paid tribute

Firefighters paid tribute

As a part of the media management course, students of SZABIST recognised and paid tribute to the services rendered by Pakistani firefighters with their campaign of 'safety first, safety must'. In the light of recent events where the death toll has doubled
Published 30 Nov, 2012 12:00am
SLIC to provide Rs one million to family of fire victim

SLIC to provide Rs one million to family of fire victim

The State Life Insurance Corporation of Pakistan (SLIC) on the directives of the Federal Minister of Commerce will provide financial assistance of Rs one million to the fire victim's family. A statement here on Thursday said that the Corporation conveys i
Published 30 Nov, 2012 12:00am
India potential market to enhance trade: Baig

India potential market to enhance trade: Baig

Federal Advisor on Textiles Dr Mirza Ikhtiar Baig was the chief guest at the consultative meeting on trade normalisation and FDI prospects for India and Pakistan organised by the Sustainable Development Policy Institute at a local hotel. Dr Baig talked ab
Published 30 Nov, 2012 12:00am
Meeting held to review multi-donor funded projects

Meeting held to review multi-donor funded projects

The Multi Donors Trust Fund (MDTF) portfolio review meeting was held in Fata secretariat which was chaired by Secretary Planning and Development (P&D) Fata Shahzad Khan Bangash and Country Director World Bank Rachid Benmessaoud jointly.
Published 30 Nov, 2012 12:00am
SSGC seeks another 35 days to hold AGM

SSGC seeks another 35 days to hold AGM

Sui Southern Gas Company Limited (SSGCL) has requested SECP for a second time for a 35-day extension in the period for holding the Annual General Meeting (AGM) and presentation of its accounts therein Under Section 170 of the Companies Ordinance of 1984.
Published 30 Nov, 2012 12:00am
New SAP 360 Customer Solutions announced

New SAP 360 Customer Solutions announced

SAP recently announced a new solution powered by SAP HANA platform which will revolutionise the way organisations engage with their customers. SAP 360 Customer Solutions go beyond the limits of traditional customer relationship management (CRM) through in
Published 30 Nov, 2012 12:00am
Jamil Athar re-elected CPNE president

Jamil Athar re-elected CPNE president

The Council of Pakistan Newspaper Editors (CPNE) on Thursday unanimously elected the following office-bearers for year 2012-13: Jamil Athar Qazi (President); Shaheen Qureshi (Senior Vice-President); Aamer Mahmood (Secretary General); Ghulam Ali Chandio (J
Published 30 Nov, 2012 12:00am
Heading Towards the Social Welfare State...

Heading Towards the Social Welfare State...

Pakistan People's Party, representative of masses of Pakistan, was launched at its founding convention held in Lahore 45 years ago under the great leadership of Shaheed Zulfiqar Ali Bhutto. The foundation of the newly formed party was laid down on the pre
Published 30 Nov, 2012 12:00am
Former colonel grilled for alleged sexual harassment

Former colonel grilled for alleged sexual harassment

The cases of sexual harassment of women at workplaces usually go unnoticed in the land of pure. But for the first time in 65-year history of Pakistan, a former military colonel was grilled on Thursday by a parliamentary panel for sexually harassing a low-
Published 30 Nov, 2012 12:00am
Malaysia keen to import livestock, food products

Malaysia keen to import livestock, food products

Pakistan and Malaysia have decided to further enhance bilateral co-operation in the field of agriculture with Malaysia agreeing to import more livestock, fish, rice, beef, fruits and vegetables from Pakistan.
Published 30 Nov, 2012 12:00am
HEC vows to resist appointment of Chaudhry

HEC vows to resist appointment of Chaudhry

The Higher Education Commission (HEC) on Thursday vowed to resist appointment of Qamar Zaman Chaudhry as Executive Director (ED), saying the establishment division has no authority to issue notification of a bureaucrat to fill the top slot as it is an aut
Published 30 Nov, 2012 12:00am
Young Khyber Pakhtunkhwa doctors announce protest drive

Young Khyber Pakhtunkhwa doctors announce protest drive

Young Doctors of Khyber-Pakhtunkhwa on Thursday announced to start phase-wise protest campaign and strikes across the province after the government's delaying tactics in provision of service structure for them. The announcement was made by the President o
Published 30 Nov, 2012 12:00am
PEW terms outcome of D-8 Summit unsatisfactory

PEW terms outcome of D-8 Summit unsatisfactory

The Pakistan Economy Watch (PEW) on Thursday said outcome of recently held D-8 Summit was nothing more than disappointment. The Summit produced a largely meaningless document that failed to address the challenges being faced by D-8 member states, it said.
Published 30 Nov, 2012 12:00am
SECP registration offices to remain open today

SECP registration offices to remain open today

The Securities and Exchange Commission of Pakistan (SECP) is extending all possible facilitation to the corporate sector as the Company Registration Offices (CROs) of the SECP shall remain open till 8pm, on Friday (today) to collect documents under Compan
Published 30 Nov, 2012 12:00am
US envoy marks Women Human Rights Defenders Day

US envoy marks Women Human Rights Defenders Day

US Ambassador Richard Olson praised the efforts of the Islamabad Capital Territory Police on Thursday in a commemoration of 'International Women Human Rights Defenders Day' at a forum to discuss ways to address domestic violence and crimes involving women
Published 30 Nov, 2012 12:00am
Pakistan needs research body to promote petroleum conservation

Pakistan needs research body to promote petroleum conservation

Pakistan needs an effective research body for petroleum conservation on the pattern of Petroleum Conservation Research Association (PCRA) working in some of the neighbouring countries. This was stated by Chief Executive Officer (CEO) of Lahore-based priva
Published 30 Nov, 2012 12:00am
PTI supports strike call

PTI supports strike call

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has announced full support to the strike call announced by the Sindhi nationalist parties and Pakistan Muslim League-Functional Chief Pir Pagaro against the dual local government system introduced by the
Published 30 Nov, 2012 12:00am
SBC, PML-F urge people to observe strike today

SBC, PML-F urge people to observe strike today

The leaders of Sindh Bachayo Committee (SBC), PML-F and other parties on Thursday appealed the people of Karachi and Sindh for making shutter-down strike call a success today. They made this appeal during a suddenly-called joint press conference held at H
Published 30 Nov, 2012 12:00am
Tilapia can help fetch valuable forex

Tilapia can help fetch valuable forex

In a bid to offset the import of freshwater fish, the country finally found a solution to harvest specie called Tilapia in its ponds to feed the local people and fetch a handful amount of foreign exchange, fisheries sector said on Thursday.
Published 30 Nov, 2012 12:00am
Government reinitiates PC-1 for Moosa Pak Shaheed Bridge

Government reinitiates PC-1 for Moosa Pak Shaheed Bridge

The government has reinitiated PC-1 for the construction of the new 'Moosa Pak Shaheed Bridge over River Sutlej at Emanawala costing Rs 1.96 billion as part of the Multan Development Package. According to documents available with Business Recorder,
Published 30 Nov, 2012 12:00am
Tribal elders call for further amendments in FCR law

Tribal elders call for further amendments in FCR law

Elders from different tribal agencies have called further amendments in draconian law of Frontier Crime Regulation (FCR) Act, demanding for ending of drones and military operations for establishment of sustainable peace in the tribal region. Speaking at a
Published 30 Nov, 2012 12:00am
Government urged to begin construction of Kalabagh Dam

Government urged to begin construction of Kalabagh Dam

Agri Forum Pakistan (AFP) Chairman Muhammad Ibrahim Mughal has urged the government to launch immediate construction of Kalabagh Dam as it would benefit economy, agriculture and industry alike and help reducing the price hike. 'Government should construct
Published 30 Nov, 2012 12:00am
Sindh chief minister holds meeting with MQM team

Sindh chief minister holds meeting with MQM team

Chief Minister Sindh Syed Qaim Ali Shah had a meeting with a 4-member delegation of MQM ministers at Chief Minister House. The MQM ministers were Raza Haroon, Faisal Sabzwari, Zubair Ahmed Khan and Shaikh Muhammad Afzal. Besides, Sindh Minister for Local
Published 30 Nov, 2012 12:00am
PTI's 'Punjab unity convention' on December 2

PTI's 'Punjab unity convention' on December 2

Preparations for Pakistan Tahreek-e-Insaf (PTI)'s Punjab Unity Convention in Lahore on December 2 are under way and different committees have been formed to review arrangements for this mega event. This was disclosed in a PTI meeting, which was chaired by
Published 30 Nov, 2012 12:00am
Over Rs 18 billion invested in country by Afghan DPs: survey

Over Rs 18 billion invested in country by Afghan DPs: survey

Around 20 percent of the working Afghan refugees have collectively invested over Rs 18 billion in their business in Pakistan, revealed the final report of the Population Profiling, Verification and Response (PPVR) survey of Afghan refugees in Pakistan, re
Published 30 Nov, 2012 12:00am
Naseem Usman Panel elected unopposed

Naseem Usman Panel elected unopposed

The following six licensed cotton brokers of Naseem Usman Panel have been duly elected unopposed as members of the Brokers Advisory Committee of Karachi Cotton Association for the years 2012-13. Mohammad Naseem Usman, Chairman; Abdul Aziz Abdullah, Vice C
Published 30 Nov, 2012 12:00am
NESPAK wins 2 mega dam projects in Afghanistan

NESPAK wins 2 mega dam projects in Afghanistan

National Engineering Services Pakistan Limited (NESPAK) won two mega dam projects in Afghanistan after an international open competition, which shows its recognition as a world-class consultant, not only in Pakistan but abroad as well. According to the sp
Published 30 Nov, 2012 12:00am
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