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Print - 2012-12-24
Pakistan-Japan investment relations

Pakistan-Japan investment relations

The Japan's economy is the 3rd largest economy of the world after USA and China. One of the major factors in Japan's swift and unprecedented growth and development has been emphasis on the regional trade.. Japan focused on three factors to prevail on the
Published 24 Dec, 2012 12:00am
Pakistan-Japan relations (1952-2012): an overview

Pakistan-Japan relations (1952-2012): an overview

Relationship between Japan and Pakistan can be traced back to 538 A.D when today's Pakistan, then a cradle to Gandhara civilisation served as a source for promotion of Buddhism to Japan. Gandhara flourished in this region from 500 BC to 10 A.D and Buddhis
Published 24 Dec, 2012 12:00am
Message from Chairman PJBF

Message from Chairman PJBF

It gives me great pleasure to felicitate and express my heartfelt feelings to His Majesty, the Emperor Akihito on his 79th birthday and also to the people of Japan who have nurtured with care the tradition of monarchy for thousands of years.
Published 24 Dec, 2012 12:00am
Message from Chairman Board of Investment

Message from Chairman Board of Investment

On this auspicious occasion of the national day of Japan, I would like to take this opportunity to extend my warm wishes to the leadership and people of Japan. I am very pleased to say this that Pakistan and Japan have long enjoyed cordial and formidable
Published 24 Dec, 2012 12:00am
Message from Consul-General of Japan in Karachi

Message from Consul-General of Japan in Karachi

I am very pleased to contribute my message to this column to celebrate His Majesty the Emperor Akihito's 79th Birthday. On the 23rd of December 2012, His Majesty will be 79 years old. The Imperial House of Japan is one of the oldest monarchies in the worl
Published 24 Dec, 2012 12:00am
Message from Ambassador of Pakistan to Japan

Message from Ambassador of Pakistan to Japan

On the auspicious occasion of His Majesty the Emperor's Birthday and the National Day of Japan, I wish to express my sincere greetings to the Imperial family and the people of Japan. Under His Majesty's able guidance, Japan has become an icon of technolog
Published 24 Dec, 2012 12:00am
Railways receives 132 coaches from China

Railways receives 132 coaches from China

Ministry of Railways received 132 coaches purchased from China, aimed at meeting the shortage and facilitating the passengers. Of the total 202 coaches of various types purchased from China, Pakistan Railways has received 56 coaches in Completely Built Un
Published 24 Dec, 2012 12:00am
Cotton prices expected to remain down

Cotton prices expected to remain down

Cotton: Cotton prices in the local market softened towards the end of the week as the Dollar slid slightly against the Rupee. Consequently, the steady mill buying decreased as textile mills went to the sidelines as a stronger rupee meant that margins for
Published 24 Dec, 2012 12:00am
KTAC irked by increase in LPG cost

KTAC irked by increase in LPG cost

Karachi Transport Action Committee urges the concerned government authorities to take immediate notice of frequent increase in the cost of liquid petroleum gas (LPG).
Published 24 Dec, 2012 12:00am
MCB installs two ATMs in LHC premises

MCB installs two ATMs in LHC premises

MCB (Muslim Commercial Bank) has installed new ATMs at two different locations within the Lahore High Court (LHC) premises in order to facilitate its customers and legal fraternity in cash withdrawals, utility bill payments, mobile top-ups, mini statement
Published 24 Dec, 2012 12:00am
B Com annual exams for regular candidates from today

B Com annual exams for regular candidates from today

The B.Com. Annual Examinations for the regular candidates would commence from December 24. A Karachi University official said on Sunday that 42,154 candidates will appear at these examinations. He stated that the papers would be conducted from 2pm to 5pm.
Published 24 Dec, 2012 12:00am
JI delegation offers greetings, bouquets to Christians

JI delegation offers greetings, bouquets to Christians

A delegation of Jamaat-i-Islami (JI) Minority Wing led by Ameer JI Karachi Muhammad Hussain Mahenti visited various Churches in the city and offered bouquets and greetings of Christmas to Christian community on Sunday.
Published 24 Dec, 2012 12:00am
PEW proposes steps to boost manufacturing sector

PEW proposes steps to boost manufacturing sector

The Pakistan Economy Watch (PEW) on Sunday asked the government to focus on development of manufacturing sector to ensure development. Manufacturing, one of the most vital parts of the economy, is a major source of jobs, contributor to a significant porti
Published 24 Dec, 2012 12:00am
Low voter turnout casts shadow on Egyptian charter approval

Low voter turnout casts shadow on Egyptian charter approval

Low voter turnout in a referendum on Egypt's Islamist-backed draft constitution calls into question the credibility of the document, said analysts Sunday, shortly after unofficial results showed that the draft was approved by a majority of the voters. Sta
Published 24 Dec, 2012 12:00am
IMF and economy

IMF and economy

Pakistan's economic team has now openly acknowledged that it has begun preliminary talks with the International Monetary Fund (IMF) for a new assistance package.
Published 24 Dec, 2012 12:00am
Stop-gap fix most likely outcome of US 'fiscal cliff' talks

Stop-gap fix most likely outcome of US 'fiscal cliff' talks

The "fiscal cliff" deadline is days away and the US Congress and President Barack Obama have left town for Christmas. But even if they were still here, it wouldn't have mattered, according to Steny Hoyer, the second-ranking Democrat in the House of Repres
Published 24 Dec, 2012 12:00am
Activities of regional chambers

Activities of regional chambers

The Directorate General of Trade Organisation is working under Federal Ministry of Commerce which regulates and issues licenses to different trade associations and regional chambers under the umbrella of Federation of Pakistan Chamber of Commerce & Indust
Published 24 Dec, 2012 12:00am
Spare the NGOs, please

Spare the NGOs, please

That the work and performance of the Non-governmental organisations (NGOs) are presently under the sharp focus of the Public Accounts Committee of the National Assembly is no exceptional development. In August last year also the PAC looked into their work
Published 24 Dec, 2012 12:00am
Moving with the times

Moving with the times

It is good to see that banking system of the country is adopting new technologies and moving with the times to enlarge its deposit base. Inaugurating a one-day workshop on "Future of Branchless Banking, Payment Systems and Financial Inclusion" in Karachi
Published 24 Dec, 2012 12:00am
KWSB to move courts against Nepra's rejection of tariff raise

KWSB to move courts against Nepra's rejection of tariff raise

Karachi Water and Sewerage Board (KWSB) has decided to approach courts against rejection of its request by Nepra about raise in Karachi Electric Supply Corporation's tariff rates. Managing Director of KWSB, Misbahuddin Farid on Sunday said the courts woul
Published 24 Dec, 2012 12:00am
Mengal complains of atrocities against Baloch people

Mengal complains of atrocities against Baloch people

Speakers at a seminar on 40th Martyrdom Day of Khawaja Rafique Shaheed here on Saturday paid glowing tributes to him for his struggle against undemocratic forces aimed at rule of law and for the cause of democracy and said the best way to pay tributes to
Published 24 Dec, 2012 12:00am
Jinnah terminal flyover to be completed by next month

Jinnah terminal flyover to be completed by next month

The Administrator of Karachi Metropolitan Corporation, Mohammad Hussain Syed announced on Sunday that work at Jinnah Terminal Flyover will be completed by next month. Chairing a meeting held to review ongoing development work and the network of flyovers b
Published 24 Dec, 2012 12:00am
Javed Malik meets Olson

Javed Malik meets Olson

Javed Malik, Advisor Foreign Relations to Muhammad Nawaz Sharif, President Pakistan Muslim League (PML-N), held a detailed meeting with Richard G Olson, the new Ambassador of United States of America to Pakistan and exchanged views on Pakistan-US relation
Published 24 Dec, 2012 12:00am
CCP striving to rectify anti-competitive behaviour

CCP striving to rectify anti-competitive behaviour

Competition Commission of Pakistan (CCP) has taken action against 298 undertakings for cartelization and prohibited agreements so far to ensure protection for consumers. The Commission is striving to create awareness for a culture of compliance to rectify
Published 24 Dec, 2012 12:00am
JI grieved over demise of Imam-e-Kaa'ba

JI grieved over demise of Imam-e-Kaa'ba

Ameer, Jamaaat-e-Islami, Pakistan, Syed Munawar Hasan, and JI Secretary- General, Liaqat Baloch, have expressed deep grief over the sad demise of the Imam of the Holy Kaa'ba, Al-Sheikh Muhammad bin Abdullah Sabayyal. In a condolence message here, they sai
Published 24 Dec, 2012 12:00am
Work on IP gas pipeline in Pakistan to begin in next 30 days

Work on IP gas pipeline in Pakistan to begin in next 30 days

Construction work of Iran-Pakistan gas pipeline on the Pakistani side will likely commence in next 30 days, Shana news agency said citing Javad Oji, Managing Director of National Iranian Gas Company (NIGC). Iran's private sector companies have started the
Published 24 Dec, 2012 12:00am
Policemen among nine injured in grenade attack

Policemen among nine injured in grenade attack

At least nine persons including policemen were injured when unknown motorcyclists hurled hand grenade at Khawaja Ajmernagri police headquarter here on Sunday Police said that unknown miscreants riding motorcycles hurled hand grenade at people standing out
Published 24 Dec, 2012 12:00am
Cigarette industry: tax evasion far higher than estimated figure

Cigarette industry: tax evasion far higher than estimated figure

The Directorate General Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue (FBR) has found that tax evasion in cigarette industry is much higher than the estimated figure of Rs8-10 billion, worked out by a multinational cigarette
Published 24 Dec, 2012 12:00am
Nisar meets CEC to discuss caretaker setup, elections

Nisar meets CEC to discuss caretaker setup, elections

Opposition leader in the National Assembly Chaudhry Nisar Ali Khan held a detailed meeting with Chief Election Commissioner (CEC), former justice Fakhruddin G Ibrahim, during which they exchanged views on holding free, fair and transparent elections as we
Published 24 Dec, 2012 12:00am
IVF twin pregnancies riskier than singletons

IVF twin pregnancies riskier than singletons

Having twins as a results of in vitro fertilisation (IVF) carries higher risks of complications for both mother and babies than having two single babies from separate IVF procedures, according to a Swedish study.
Published 24 Dec, 2012 12:00am
WHO head warns diseases set to rise

WHO head warns diseases set to rise

The head of the World Health Organisation warned on December 20 that infectious diseases will spread more easily in the future due to globalisation, changing lifestyles and rising population densities.
Published 24 Dec, 2012 12:00am
Mind-controlled hand offers hope for the paralysed

Mind-controlled hand offers hope for the paralysed

Pentagon-backed scientists on December 17 announced they had created a robot hand that was the most advanced brain-controlled prosthetic limb ever made. The mind-powered prosthesis is a breakthrough, the team of neurologists and bio-engineers reported in
Published 24 Dec, 2012 12:00am
'Peak farmland' is here, food crop area to fall

'Peak farmland' is here, food crop area to fall

The amount of land needed to grow crops world-wide is at a peak and an area more than twice the size of France can return to nature by 2060 due to rising yields and slower population growth, a group of experts said on December 17.
Published 24 Dec, 2012 12:00am
Diabetes remission possible with diet, exercise

Diabetes remission possible with diet, exercise

One in nine people with diabetes saw their blood sugar levels dip back to a normal or "pre-diabetes" level after a year on an intensive diet and exercise programME, in a new study.
Published 24 Dec, 2012 12:00am
'Battle against malaria slowing down'

'Battle against malaria slowing down'

The fight against malaria has slowed in the past two years, threatening to reverse progress in combating one of the world's biggest killers, the World Health Organisation warned on December 17.
Published 24 Dec, 2012 12:00am
'Most US publications have mobile presence'

'Most US publications have mobile presence'

Almost all major US newspapers and magazines have a mobile Web presence, and most of those without one will create one in the coming months, an industry survey showed on December 17.
Published 24 Dec, 2012 12:00am
Facebook to charge for some message delivery

Facebook to charge for some message delivery

Facebook on December 20 began testing the feasibility of charging to guarantee that messages from strangers make it into inboxes of intended recipients at the social network. The Facebook Messages test, limited to the United States, lets a sender pay a do
Published 24 Dec, 2012 12:00am
Google Play growing fast: survey

Google Play growing fast: survey

Google's online Play shop of applications for Android-powered smartphones or tablets is growing fast, a report released on December 20 by market tracker Distimo said. The aggregate daily revenue at Google Play shops across the 20 largest countries where t
Published 24 Dec, 2012 12:00am
Famed futurist to direct engineering at Google

Famed futurist to direct engineering at Google

Futurist and inventor Raymond Kurzweil said on December 14 that he is going to work as director of engineering at Google to help "turn the next decade's 'unrealistic' visions into reality." Kurzweil, an author whose books include "The Age of Spiritual Mac
Published 24 Dec, 2012 12:00am
US toughens online privacy rules for children

US toughens online privacy rules for children

US regulators unveiled new regulations December 19 aimed at strengthening online privacy protections for children, to reflect the growing use of mobile apps and social networks.
Published 24 Dec, 2012 12:00am
New computing devices to allow touch, smell: IBM

New computing devices to allow touch, smell: IBM

Future computing devices will push further into the senses by developing capacities to mimic the ability to see, smell, touch, taste and hear, IBM says in an annual forecast on December 17.
Published 24 Dec, 2012 12:00am
Twitter tops 200 million active users

Twitter tops 200 million active users

Twitter said on December 18 the number of active users of the service has topped 200 million, in a sign of the sizzling growth of the messaging platform. News of the milestone came in a tweet, of course, from the official Twitter account: "There are now m
Published 24 Dec, 2012 12:00am
Apple 'pinch-to-zoom' patent deemed invalid

Apple 'pinch-to-zoom' patent deemed invalid

A filing Wednesday in a high-stakes legal battle between Samsung and Apple revealed that a "pinch-to-zoom" patent central to the case has been deemed invalid. The patent was a centrepiece of a trial that ended in August with a jury ordering Samsung to pay
Published 24 Dec, 2012 12:00am
China racks up 'record' iPhone five sales in first weekend

China racks up 'record' iPhone five sales in first weekend

US tech giant Apple announced on December 17 it had sold "more than two million" of the latest model of iPhone after the popular smartphone's first weekend on the market in the Asian powerhouse. "Customer response to iPhone 5 in China has been incredible,
Published 24 Dec, 2012 12:00am
Brazil firm sells own phones with iPhone brand legally

Brazil firm sells own phones with iPhone brand legally

A Brazilian company this week began selling its own Android-powered smartphones using the iPhone brand name and did so legally. Gradiente S.A. told AFP Thursday it could do so because in 2000, it secured the exclusive right to use the iPhone brand name th
Published 24 Dec, 2012 12:00am
PML-Q delegation calls on KP Governor

PML-Q delegation calls on KP Governor

Central President of Pakistan Muslim League (Q), Chaudhry Shujaat Hussain, called on the Khyber-Pakhtunkhwa Governor, Barrister Masood Kausar at Governor's House, Peshawar on Sunday.
Published 24 Dec, 2012 12:00am
Body of slain SHO shifted to Karak

Body of slain SHO shifted to Karak

The body of Station House Officer (SHO) Khan Razaak Kabuli Police Station, Sattar Khattak who was martyred in a deadly suicide attack on Khyber-Pakhtunkhwa Senior Minister Bashir Ahmed Bilour near Qisa Khwani Bazaar, Peshawar, has been shifted to his nati
Published 24 Dec, 2012 12:00am
TTP plans to attack VIPs, shrines

TTP plans to attack VIPs, shrines

Banned Tehrik-i-Talaiban Pakistan has prepared plans to target nine important personalities, three shrines, a jail and sixteen important sensitive installations and on the basis of intelligence reports, Punjab Home department has issued red alert for them
Published 24 Dec, 2012 12:00am
Terrorists given free hand in name of reconciliation: JI

Terrorists given free hand in name of reconciliation: JI

Jamaat-i-Islami Punjab Ameer Dr Syed Waseem Akhtar said that the government has given free hand to terrorists' groups like MQM in Karachi in the name of politics of reconciliation. Talking to the journalists here on Sunday, he claimed that fake national i
Published 24 Dec, 2012 12:00am
CNG pricing issue being delayed deliberately: IWCCI

CNG pricing issue being delayed deliberately: IWCCI

The Islamabad Women's Chamber of Commerce and Industry (IWCCI) on Sunday said CNG pricing issue is being delayed deliberately to please influential sectors on the cost of masses. Regretting apathy of the rules and silence of main opposition parties over t
Published 24 Dec, 2012 12:00am
'Appointment of new Punjab governor could benefit Gilanis'

'Appointment of new Punjab governor could benefit Gilanis'

The decision by President Asif Ali Zardari to appoint Makhdoom Ahmad Mahmood as Punjab governor is a shrewd political move to remove some of the misgivings of former Prime Minister Syed Yousuf Raza Gilani and to check the popularity of new Pir Pagara in i
Published 24 Dec, 2012 12:00am
'Pakistan's exports to Malaysia likely to exceed $280 million'

'Pakistan's exports to Malaysia likely to exceed $280 million'

Pakistan's exports to Malaysia are growing steadily and are expected to cross $280 million by the end of this year on the back of a growing demand for its food products, including rice, fruit and vegetables, in the Malaysian market.
Published 24 Dec, 2012 12:00am
FIR registered

FIR registered

The City Police registered the First Information Report (FIR) of the deadly suicide attack on the Khyber-Pakhtunkhwa Senior Minister Bashir Ahmed Bilour at Dhaki Nalbandi near Qisakhwani Bazaar against unknown terrorists under various sections of law.
Published 24 Dec, 2012 12:00am
Killings condemned

Killings condemned

Provincial Minister for Law and Parliamentary Affairs Rana Sanaullah while strongly condemning the killing of senior leader of Awami National Party and Senior Provincial Minister Khyber-Pakhtunkhwa Bashir Ahmed Bilour and other persons in the suicide atta
Published 24 Dec, 2012 12:00am
ANP workers protest killing

ANP workers protest killing

Local workers of Awami National Party (ANP) Saraiki Waseeb on Sunday protested against the murder of KPK Senior Minister Bashir Ahmad Bilour. The protesters were carrying banners and shouting slogans against the murder of Bashir Bilour in a suicide attack
Published 24 Dec, 2012 12:00am
Assassination of Bilour Shutter-down strike observed

Assassination of Bilour Shutter-down strike observed

Shutter down strike observed in Quetta against assassination of Khyber Pakhtunkhwa senior minister and ANP leader Bashir Ahmed Bilour. Awami National Party (ANP) had called for strike in the provincial capital against assassination of Bashir Bilour and ot
Published 24 Dec, 2012 12:00am
Olson grieved over death of Bilour

Olson grieved over death of Bilour

The United States Ambassador to Pakistan Richard Olson has expressed deeply saddened at the death of Senior Minister Bashir Ahmed Bilour and offer condolences to his family and friends. In statement‚ he said he was a courageous man and an outspoken voice
Published 24 Dec, 2012 12:00am
PPP fully shares grief of ANP

PPP fully shares grief of ANP

The PPP led Federal Government fully shared the grief of the assassination of ANP's stalwart Bashir Ahmad Bilour with their coalition partner ANP in condolence with the Party leadership and Federal Minister for Railways, Ghulam Ahmad Bilour, the elder bro
Published 24 Dec, 2012 12:00am
GCC ministers discuss economy ahead of summit

GCC ministers discuss economy ahead of summit

Foreign ministers of the six Gulf Co-operation Council states met in Bahrain's capital on Sunday to discuss economic integration on the eve of the annual GCC summit, a diplomatic source said. The meeting was held behind closed doors and focused on "the co
Published 24 Dec, 2012 12:00am
Argentina economy to grow 4.6 percent in 2013

Argentina economy to grow 4.6 percent in 2013

Argentina's economy is seen growing 4.6 percent next year, improving after drought and a slowdown in top trading partner Brazil took a toll in 2012, the central bank president said in an interview published on Sunday.
Published 24 Dec, 2012 12:00am
Irish Prime Minister sees bank debt agreement by June

Irish Prime Minister sees bank debt agreement by June

Ireland expects European leaders to agree to cut the country's bank debt burden by June of next year, when Dublin's presidency of the European Union draws to a close, Prime Minister Enda Kenny was quoted as saying on Sunday.
Published 24 Dec, 2012 12:00am
Yemen sets 2013 budget with $3.2 billion deficit

Yemen sets 2013 budget with $3.2 billion deficit

Yemen's cabinet on Sunday approved a draft budget for 2013 that projects a deficit of 682 billion rials ($3.17 billion) and expenditure of 2.77 trillion rials, state news agency SABA reported.
Published 24 Dec, 2012 12:00am
Bidding for Saudi Midyan gas field extended again

Bidding for Saudi Midyan gas field extended again

Saudi Aramco has extended the deadline to bid for the development of the Midyan gas field by three weeks to January, two industry sources said. Bidding is now due to close by January 21 after companies asked again for an extension of the December 31 deadl
Published 24 Dec, 2012 12:00am
Egypt supermarkets seen target for Dubai investor MAF

Egypt supermarkets seen target for Dubai investor MAF

Dubai's Majid Al Futtaim (MAF), is in talks with Egypt's Mansour Group, owned by billionaire Mohammed Mansour, to buy its supermarket business in a deal valued at $200 million to $300 million, three sources aware of the discussions said.
Published 24 Dec, 2012 12:00am
Qatar lifts 2013 economic growth, inflation outlook

Qatar lifts 2013 economic growth, inflation outlook

Qatar raised its forecast for economic growth next year and said that while prices would rise considerably as huge infrastructure-building plans gained speed, it could contain inflation.
Published 24 Dec, 2012 12:00am
Sangakkara poised to join 10,000 club

Sangakkara poised to join 10,000 club

Sri Lankan veteran Kumar Sangakkara is poised to join the exclusive 10,000-run club in the Boxing Day Test at Melbourne against Australia, a landmark he plans to build on. The prolific batsman needs just 40 more runs in his 115th Test to join the likes of
Published 24 Dec, 2012 12:00am
England 2014 World Cup win not impossible says Hodgson

England 2014 World Cup win not impossible says Hodgson

Winning a second World Cup title in Brazil in 2014 should not be impossible for England, manager Roy Hodgson said on Sunday. "We're far from being favourites but you've got to shy away from 'impossible' in football," Hodgson told the BBC.
Published 24 Dec, 2012 12:00am
Michu on target as Swansea frustrate Man United

Michu on target as Swansea frustrate Man United

Manchester United's lead over Manchester City is down to four points from six after the Premier Leage leaders were held 1-1 at Swansea City's Liberty Stadium on Sunday. Patrice Evra struck with a first-half header to put United on their way but a Michu eq
Published 24 Dec, 2012 12:00am
Nadal does not expect to be fully fit before March

Nadal does not expect to be fully fit before March

Rafa Nadal does not expect to be back to full fitness and close to his competitive best until the Masters tennis event at Indian Wells in March, the Spanish world number four was quoted as saying on Sunday. Nadal will return to action at the Mubadala Worl
Published 24 Dec, 2012 12:00am
Nasir wins PSF-AVT Khyber Pakistan International squash trophy

Nasir wins PSF-AVT Khyber Pakistan International squash trophy

The Final of PSF-AVT Khyber Pakistan International Squash Circuit-IV was played between Nasir Iqbal and Danish Atlas at Mushaf Squash Complex, Islamabad on Sunday. Nasir Iqbal outclassed his rival and won the match with game score 12/10, 11/03, 11/07. The
Published 24 Dec, 2012 12:00am
Zardari to inaugurate cricket stadium at Garhi Khuda Bux on December 26

Zardari to inaugurate cricket stadium at Garhi Khuda Bux on December 26

Cricket Stadium constructed in Garhi Khuda Bux Bhutto by the Pakistan Cricket Board (PCB) is expected to be inaugurated on 26th December by Pakistan President and Co-Chairman, Pakistan Peoples' Party, Asif Ali Zardari, on the eve of 5th death anniversary
Published 24 Dec, 2012 12:00am
Clarke fitness battle as Aussies face pace choice

Clarke fitness battle as Aussies face pace choice

Skipper Michael Clarke is racing the clock to be fit for the Boxing Day Test against Sri Lanka as selectors mull whether Mitchell Johnson or Jackson Bird will be Australia's third pace bowler.
Published 24 Dec, 2012 12:00am
Mourinho defiant as Real slip 16 points off Barca

Mourinho defiant as Real slip 16 points off Barca

Real Madrid coach Jose Mourinho was under renewed pressure on Saturday after his team lost 3-2 at Malaga, a defeat which left the champions 16 points behind leaders Barcelona. The disappointment was compounded by Mourinho's controversial decision to drop
Published 24 Dec, 2012 12:00am