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Print - 2013-03-29
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 28, 2013).

Published 29 Mar, 2013 12:00am
Punjab chief minister visits Mazar of Data Gunj Bakhsh

Punjab chief minister visits Mazar of Data Gunj Bakhsh

Caretaker Punjab Chief Minister Najam Sethi on Thursday visited the Mazar of Hazrat Data Gunj Bakhsh Ali Hajveri, laid a floral wreath and offered special prayers for progress, prosperity and solidarity of the country. Authorities of Auqaf Department, DCO
Published 29 Mar, 2013 12:00am
Heart diseases on the rise: PIC CE

Heart diseases on the rise: PIC CE

Punjab Institute of Cardiology, Lahore, Chief Executive, Professor Dr Bilal Zakaria, has said that heart diseases are on rise and there is a dire need to use new and modern techniques to cure these heart problems. He expressed these views while addressing
Published 29 Mar, 2013 12:00am
THE RUPEE: gap narrows between interbank, open market rates

THE RUPEE: gap narrows between interbank, open market rates

Differences between the interbank and open markets narrowed after payment to the International Monetary Fund (IMF), dealers said on the currency market on Thursday. Exchange Companies Association of Pakistan (ECAP), Chief Malik Bostan, commenting on the p
Published 29 Mar, 2013 12:00am
Industrialists oppose hike in power tariff

Industrialists oppose hike in power tariff

Multan Electric Power Company (Mepco) and other Discos have issued electricity bill with new tariff which caused unrest among the industrial as well domestic consumers. The industrialists have strongly opposed the hike in power tariff by National Electric
Published 29 Mar, 2013 12:00am
THE RUPEE: gap narrows between interbank, open market rates

THE RUPEE: gap narrows between interbank, open market rates

Differences between the interbank and open markets narrowed after payment to the International Monetary Fund (IMF), dealers said on the currency market on Thursday. Exchange Companies Association of Pakistan (ECAP), Chief Malik Bostan, commenting on the p
Published 29 Mar, 2013 12:00am
Holding elections: Sethi meets leadership of PML-N, PML-Q and JI

Holding elections: Sethi meets leadership of PML-N, PML-Q and JI

Punjab caretaker Chief Minister Najam Sethi on Thursday held separate meetings with the leadership of different political parties including Pakistan Muslim League-Nawaz (PML-N), Pakistan Muslim League-Quaid (PML-Q) and Jamaat-i-Islami in a bid to take the
Published 29 Mar, 2013 12:00am
Registration of conflict-hit people sought

Registration of conflict-hit people sought

Jamaat-i-Islami Khyber Agency has demanded of the authorities to start registration of conflict-hit people from Tirah valley and to establish a makeshift camp with the provision of all facilities. Addressing a press conference here at the press club on Th
Published 29 Mar, 2013 12:00am
Meeting reviews intention to develop Pak-German Joint Chamber

Meeting reviews intention to develop Pak-German Joint Chamber

The intention to develop Pak-German Joint Chamber on the same lines as that of PAJCCI was discussed in a meeting between Dr Tilo Klinner, Consul General - Federal Republic of Germany and. Junaid Makda, Director PAJCCI at PAJCCI Secretariat on Thursday.
Published 29 Mar, 2013 12:00am
ECP sets ceilings for election spending

ECP sets ceilings for election spending

The Election Commission of Pakistan (ECP) on Thursday barred prospective candidates of the National Assembly and provincial assemblies from spending more than Rs 1.5 million and Rs 1 million, respectively, on election expenses. The commission also ordered
Published 29 Mar, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (March 28, 2013).

Published 29 Mar, 2013 12:00am
Polio field-coordinators threaten to begin agitation

Polio field-coordinators threaten to begin agitation

The district field coordinators engaged with polio sensitisation programme hailing from various districts of Khyber Pakhtunkhwa and tribal region, have threatened to start agitation campaign, hunger strike, and stage sit-in outside Unicef office in Peshaw
Published 29 Mar, 2013 12:00am
Meeting of Sindh educational boards held

Meeting of Sindh educational boards held

A high level meeting of all Educational Boards was held on Thursday under the Chairmanship of Principal Secretary to CM Sindh Naveed Kamran Baloch at CM House. The meeting was attended by chairmen and controllers of examinations of Sindh province. The mee
Published 29 Mar, 2013 12:00am
HEC curriculum committee meets with UoP vice chancellor

HEC curriculum committee meets with UoP vice chancellor

A twelve-member delegation of the Higher Education Commission, National Curriculum Revision Committee for Pakistan Studies, called on the Vice Chancellor University of Peshawar Dr Muhammad Rasul. The committee was led by Director Pakistan Study Centre Dr
Published 29 Mar, 2013 12:00am
Five killed in separate incidents of violence in Karachi

Five killed in separate incidents of violence in Karachi

At least five people were killed in different incidents of violence in the city on Thursday, police and rescue sources said. In the first incident, a man was gunned down while two others injured in Jodia Bazaar area falling in the limits of Kharadar polic
Published 29 Mar, 2013 12:00am
Ship-breakers refuse to accept rise in IT, ST rates

Ship-breakers refuse to accept rise in IT, ST rates

Ship-breakers on Thursday refused to accept the current rise in sales tax and income tax and urged the Federal Board of Revenue (FBR) for a level playing filed for all stakeholders. Chairman of the Ship Breaking Association of Pakistan Dewan Rizwan Farooq
Published 29 Mar, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Mar, 2013 12:00am
Transfers and postings of judges

Transfers and postings of judges

Chief Justice and judges of Sindh High Court (SHC) have ordered the transfer of District & Sessions Judge Karachi (South), Ahmed Saba, asking him to report to High Court while Muhammad Shahid Shafiq, District & Sessions Judge (awaiting for posting), has b
Published 29 Mar, 2013 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 29 Mar, 2013 12:00am
Musharraf's arrival: security beefed up in Islamabad

Musharraf's arrival: security beefed up in Islamabad

Security was beefed up in the federal capital ahead of the arrival of former military ruler Pervez Musharraf. Pervez Musharraf had announced a few days ago that he would arrive in Islamabad on March 28. Intelligence agencies and special branch of the Capi
Published 29 Mar, 2013 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Mar, 2013 12:00am
Participants call for allocation of more funds for education sector

Participants call for allocation of more funds for education sector

Participants at pre-budget dialogue have suggested that the government to increase developmental funds for education sector in next budget in Khyber Pakhtunkhwa. They said that there is a dire need of budgetary allocation to all districts on equitable bas
Published 29 Mar, 2013 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 29 Mar, 2013 12:00am
SU announces results of BA part-II

SU announces results of BA part-II

Sindh University (SU) Controller Dr Naeem Tariq Narejo has announced the result of BA (Pass) Part-II of annual exams 2012, rusticating 13 students for 3 years owing to committing malpractice and impersonation in the examinations.
Published 29 Mar, 2013 12:00am
Etihad Airways heralds successful year of equity alliance

Etihad Airways heralds successful year of equity alliance

Etihad Airways heralded a successful first year of its equity alliance strategy, after a financial reporting season which saw each of the five airlines within the alliance - Airberlin, Air Seychelles, Virgin Australia, Aer Lingus and Etihad Airways - anno
Published 29 Mar, 2013 12:00am
Women in Lower Dir may be allowed to cast votes

Women in Lower Dir may be allowed to cast votes

In an unprecedented development, all the political and religious parties of Lower Dir district of Khyber Pakhtunkhwa have expressed willingness to allow the women to cast their votes and demanded of the Election Commission of Pakistan (ECP) for increasing
Published 29 Mar, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 29 Mar, 2013 12:00am
FAFEN identifies 47 political developments in 39 districts

FAFEN identifies 47 political developments in 39 districts

Free and Fair Election Network (FAFEN)'s District Long-Term Observers (DLTOs) observed at least 39 districts between March 1 and March 21, 2013 and identified 47 political developments related to general election 2013, including districts where election c
Published 29 Mar, 2013 12:00am
HDP announces candidates in Balochistan

HDP announces candidates in Balochistan

Hazara Democr-atic Party (HDP) has announced names of its candidates for general election 2013 in Balochistan. HDP sources confirmed to APP here on Thursday that Abdul Khaliq Hazara has been awarded party ticket for contesting general election in NA-259 Q
Published 29 Mar, 2013 12:00am
Jamaat-i-Islami leaders file nomination papers

Jamaat-i-Islami leaders file nomination papers

Jamaat-i-Islami (JI) leaders Nasrullah Shajih and Engineer Abdul Aziz have filed the nomination papers. Naib Ameer JI and former Deputy Parliamentary leader in Sindh Assembly, Nasrullah Shajih on March 27 filed the nomination papers for NA-252 and PS-116
Published 29 Mar, 2013 12:00am
Rains play havoc in Balochistan

Rains play havoc in Balochistan

Torrential rains lashing for last three days have played havoc, destroying a number of houses in different areas of the province. Reports reaching here on Thursday suggested that dozens of mud houses have collapsed after the heavy rains continued lashing
Published 29 Mar, 2013 12:00am
Khyber Pakhtunkhwa caretaker cabinet reviews preparation for elections

Khyber Pakhtunkhwa caretaker cabinet reviews preparation for elections

Caretaker Chief Minister Khyber Pakhtunkhwa, former justice Tariq Pervez Khan, has said that conducting free, fair and impartial elections in the province is the constitutional obligation of the caretaker set-up. He expressed these views while chairing th
Published 29 Mar, 2013 12:00am
PTI Khyber Pakhtunkhwa announces names of candidates for NA, PA seats

PTI Khyber Pakhtunkhwa announces names of candidates for NA, PA seats

The Pakistan Tehreek-e-Insaf (PTI) announced the names of party candidates for the national and provincial assemblies in Khyber Pakhtunkhwa to contest the forthcoming general elections. The PTI Khyber Pakhtunkhwa chapter in a press release said that the l
Published 29 Mar, 2013 12:00am
'Political consensus to ensure continuity of democracy'

'Political consensus to ensure continuity of democracy'

Shaukat Basra, PPP leader and former deputy opposition leader of Punjab Assembly, has said the functioning of the caretaker set-ups at the federal and provincial levels reflected the maturity of the politicians because the completion of the process had su
Published 29 Mar, 2013 12:00am
Election 2013: EU envoy satisfied with arrangements

Election 2013: EU envoy satisfied with arrangements

The European Union (EU) Election Observers team has already arrived in Pakistan to monitor the upcoming general elections, said EU Ambassador head of delegation to Pakistan. Talking to media after the launching ceremony of Human Development Report 2013 of
Published 29 Mar, 2013 12:00am
Former workers' protest causes partial closure of port's operations

Former workers' protest causes partial closure of port's operations

Hundreds of former Karachi Port Trust (KPT) workers on Thursday caused a partial and temporary closure of the port's operations, asking the government to unbar the son quota regime in the trust. The protesting ex-workers staged a sit-in outside the KPT ne
Published 29 Mar, 2013 12:00am
18 hairdressers held for overcharging

18 hairdressers held for overcharging

District Administration Peshawar on Thursday arrested 18 hairdressers for overcharging the people. The action was taken on the directives of Deputy Commissioner Peshawar Mohammad Javed Marwat after complaints of overcharging by some prominent hair dresser
Published 29 Mar, 2013 12:00am
APCNGA demands seven-day supply to CNG filling stations in Punjab

APCNGA demands seven-day supply to CNG filling stations in Punjab

The All Pakistan CNG Association (APCNGA) on Thursday demanded seven-day gas supply to the Compressed Natural Gas (CNG) filling stations all over Punjab as weather has returned to normal state reducing demand for the natural gas by domestic consumers.
Published 29 Mar, 2013 12:00am
PTCL holds seminars on 'Managed WAN Service'

PTCL holds seminars on 'Managed WAN Service'

Pakistan Telecommunication Company Limited (PTCL) held a seminar in connection with 'Managed WAN Service', which provides end-to-end solution for its corporate customers' growing ICT needs. The 'Managed WAN Service' helps companies outsource their network
Published 29 Mar, 2013 12:00am
Interim government gears up to deal with power crisis

Interim government gears up to deal with power crisis

As the previous government completes its 5-year term and the general elections are fast approaching, the interim government is gearing up to deal with the acute power crisis responsibly by making all-out efforts to stop circular debt from increasing any f
Published 29 Mar, 2013 12:00am
Shia leaders seek security at residential areas

Shia leaders seek security at residential areas

Expressing grave concern over continuously targeted killing of people belonging to Shia sect, members of the community have demanded immediate arrest of killers, and to provide adequate security at their residential areas, and worship places.
Published 29 Mar, 2013 12:00am
FBR's amnesty scheme will not affect car production: IMC chief

FBR's amnesty scheme will not affect car production: IMC chief

The amnesty scheme announced by the Federal Board of Revenue (FBR) for regularisation of non-duty paid smuggled vehicles may not create a negative impact on domestic production; said Parvez Ghais, the CEO Indus Motor Company (IMC) Ltd. Talking to visiting
Published 29 Mar, 2013 12:00am
97.2 percent payout by NBP

97.2 percent payout by NBP

National Bank of Pakistan (NBP) held its 64th Annual General Meeting at a local hotel on Thursday. The meeting was well attended by the shareholders with the presence of President and CEO, Dr Asif A Brohi and members Board, Shahid Aziz Siddiqui and Tariq
Published 29 Mar, 2013 12:00am
Musharraf's nomination papers may be rejected

Musharraf's nomination papers may be rejected

Former President Pervez Musharraf might be very upbeat about his election prospects in the general elections, but legal experts say that Musharraf would be facing an uphill task, due to his past baggage, to clear his candidature from the concerned Returni
Published 29 Mar, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (March 28, 2013).

Published 29 Mar, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (March 28, 2013).

Published 29 Mar, 2013 12:00am
The return of Musharraf

The return of Musharraf

Even a casual glance at what is in public domain on Musharraf reveals that historically he has time and again acted without thoroughly examining the consequences of his impending actions.
Published 29 Mar, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (March 28, 2013).

Published 29 Mar, 2013 12:00am
Suu Kyi's halo fades as she learns the ropes of parliament

Suu Kyi's halo fades as she learns the ropes of parliament

After two decades of international adoration as Myanmar's democracy heroine, Aung San Suu Kyi appears to be slipping off her high pedestal as she tackles the reality of parliamentary politics. Since joining parliament and the political mainstream in May,
Published 29 Mar, 2013 12:00am
Khoso's tasks

Khoso's tasks

The Federal Board of Revenue (FBR) is facing huge shortage in revenue collection despite resorting to all sorts of negative tactics and highhandedness, destroying the already fragile economy. The FBR on July 11 last year made the tall claim of surpassing
Published 29 Mar, 2013 12:00am
PC's advice on circular debt

PC's advice on circular debt

In its report on "Circular Debt" released on 26th March, 2013, the Planning Commission (PC) has identified poor governance, delays in tariff determination, fuel price methodology, poor revenue collection and delayed and incomplete payment by Finance Minis
Published 29 Mar, 2013 12:00am
'UVAS to develop natural history museum for training of students'

'UVAS to develop natural history museum for training of students'

University of Veterinary and Animal Sciences Lahore Vice-Chancellor Professor Dr Talat Naseer Pasha said that the university will develop a 'natural history museum' for education and training of students and professionals and research on natural history a
Published 29 Mar, 2013 12:00am
LCCI offices to open on Sunday

LCCI offices to open on Sunday

The Lahore Chamber of Commerce and Industry (LCCI) offices will remain open on Sunday, March 31, 2013 from 9am to 5pm for annual renewal of membership. According to a circular issued here on Thursday, the LCCI members could ensure their right of voting in
Published 29 Mar, 2013 12:00am