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Print - 2013-03-30
PaCCS to clear 3,525 pending duty drawback claims

PaCCS to clear 3,525 pending duty drawback claims

On the directions of the Federal Tax Ombudsman (FTO) Dr Shoaib Suddle, Model Customs Collectorate (MCC) Pakistan Automated Customers Clearing System (PaCCS) has decided to clear 3,525 pending duty drawback claims filed by 1,401 claimants.
Published 30 Mar, 2013 12:00am
Election 2013: 188,552 voters aged above 90 years

Election 2013: 188,552 voters aged above 90 years

Around 188,552 voters aged above 90 years comprising 141,409 male and 87,143 female would cast their votes in upcoming general elections. According to the voters list compiled by the Election Commission of Pakistan till March 20, among the old-aged voters
Published 30 Mar, 2013 12:00am
Homage paid to Begum Khurshid Syed

Homage paid to Begum Khurshid Syed

Speakers paid rich tributes to late Begum Khurshid Syed A Hafiz Aziz at the memorial meeting held at a local hotel, to mark third Barsi of Begum Hafeez Aziz (1913 to 2010). Qutubuddin Aziz, former Chairman NPT and former Minister Pakistan Embassy London a
Published 30 Mar, 2013 12:00am
APNS meeting

APNS meeting

"The Annual General Council of the All Pakistan Newspapers Society will meet on Saturday, March 30, 2013 at 11:00 am at APNS House, Karachi," stated press release of the APNS.
Published 30 Mar, 2013 12:00am
PTI launches fundraising campaign

PTI launches fundraising campaign

Pakistan Tehreek-e-Insaf (PTI) has launched a fund raising campaign in the country to support candidates who could not afford election expenses, PTI's chairman Imran Khan said on Friday. He said that the campaign titled 'Naya Pakistan Fund' was aimed at h
Published 30 Mar, 2013 12:00am
The Weather

The Weather

The weather report on Friday (March 29, 2013) and the forecast for Saturday (March 30, 2013).

Published 30 Mar, 2013 12:00am
Kinnow export target met

Kinnow export target met

Pakistan, after losing the target of Kinnow exports for the last three years, has met the target this year with export of over 0.2 million tones of the fruit. "During the past four months, the country has exported 221,000 tones of the citrus fruit worth $
Published 30 Mar, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (March 29, 2013).

Published 30 Mar, 2013 12:00am
Nasir Aslam Zahid versus Najam Sethi

Nasir Aslam Zahid versus Najam Sethi

Asif Zardari objected to nomination of Nasir Aslam Zahid as caretaker PM because he, in past, played a role against him. Nawaz Sharif, on the other hand, accepted Najam Sethi, who in past was and continues to be, against the Sharifs and who apparently nur
Published 30 Mar, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (March 29, 2013).

Published 30 Mar, 2013 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 30 Mar, 2013 12:00am
Central African Republic in upheaval after rebels take power

Central African Republic in upheaval after rebels take power

The Central African Republic is rich with deposits of diamonds, gold and uranium, and its tropical climate is perfect for export products such as millet, manioc, coffee and tobacco. Things could be very good for the country situated at the heart of the co
Published 30 Mar, 2013 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 30 Mar, 2013 12:00am
'Selling' idea of conservation to general public

'Selling' idea of conservation to general public

'We never know the worth of water till the well is dry,' so goes an old saying. These days, the saying can be rephrased to read as, 'we never know the worth of gas till the well is dry.' If we had foreseen a bigger picture, the country would not have been
Published 30 Mar, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (March 29, 2013).

Published 30 Mar, 2013 12:00am
Increasing productivity

Increasing productivity

Have we not had enough of the Western model of development? Can we change gears at this point in time or are the times bad. In public service whenever one wanted to do something out of the ordinary one was told that times are bad. Times in Pakistan are ne
Published 30 Mar, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (March 29, 2013).

Published 30 Mar, 2013 12:00am
Mengal's momentous initiative

Mengal's momentous initiative

Among the recent arrivals on the eve of general election from self-imposed exiles there are quite a few big names, but the one that is going to make the difference is Akhtar Mengal's. His decision is consequential to the national politics all the more for
Published 30 Mar, 2013 12:00am
Human Development Report 2013

Human Development Report 2013

United Nations Development Programme launched by country director Marc-Andre Franche in Islamabad highlighted four major global trends. First, developing economies particularly India, China and Brazil have transformed themselves as emerging economies that
Published 30 Mar, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 29, 2013).

Published 30 Mar, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 29, 2013).

Published 30 Mar, 2013 12:00am
Power woes: Balochistan Zamindar Action Committee calls off strike

Power woes: Balochistan Zamindar Action Committee calls off strike

On the special directions of the Caretaker Prime Minister Mir Hazar Khan Khoso, Federal Secretary Water & Power Sikandar Ahmed Rai and the Pakistan Water and Power Development Authority (Wapda) Chairman Syed Raghib Abbas Shah had a meeting with the repres
Published 30 Mar, 2013 12:00am
Official opposes grant of 200 more CNG station licences

Official opposes grant of 200 more CNG station licences

The outgoing government's decision to extend operational licences to 200 additional Compressed Natural Gas (CNG) stations would escalate gas shortages, an official claimed on Friday. On March 14, former prime minister Raja Pervez Ashraf had approved the i
Published 30 Mar, 2013 12:00am
THE RUPEE: rates slip on interbank market

THE RUPEE: rates slip on interbank market

The dollar drifted lower against the rupee on the money market on Friday in the process of trading, dealers said. The rupee extended its slide versus the dollar for buying at Rs 98.43 and it also fell by two paisa for selling at Rs 98.45, they added.
Published 30 Mar, 2013 12:00am
Seminar held: Amendment in Child Marriage Bill demanded

Seminar held: Amendment in Child Marriage Bill demanded

The speakers of the seminar organised by HANDS and other social organisations at the Deputy Commissioner Office Matiari on "Welfare of Girls", have demanded for brining amendment in Child Marriage Bill and making it more effective to prevent the child mar
Published 30 Mar, 2013 12:00am
THE RUPEE: rates slip on interbank market

THE RUPEE: rates slip on interbank market

The dollar drifted lower against the rupee on the money market on Friday in the process of trading, dealers said. The rupee extended its slide versus the dollar for buying at Rs 98.43 and it also fell by two paisa for selling at Rs 98.45, they added.
Published 30 Mar, 2013 12:00am
Bundal, Buddo Islands: proposed projects threaten ecosystem: WWF

Bundal, Buddo Islands: proposed projects threaten ecosystem: WWF

World Wide Fund for Nature - Pakistan on Friday issued its "mangrove fact sheets" on Bundal and Buddo Islands, fearing development works are likely to threaten forest, obliterate marine species hatcheries and hit livelihood of fishermen all around the isl
Published 30 Mar, 2013 12:00am
Security plan worked out to ensure free, fair elections: Agha Shah

Security plan worked out to ensure free, fair elections: Agha Shah

The Deputy Commissioner Hyderabad Agha Shah Nawaz Babar who is also Convenor/Chairman of District Election Committee Hyderabad said that foolproof logistic & security plan are being worked out and to be put in place to ensure free, fair and impartial elec
Published 30 Mar, 2013 12:00am
ACCA holds discussion forum on 'making capital markets'

ACCA holds discussion forum on 'making capital markets'

ACCA Pakistan organised a discussion forum on "Making capital markets work in Pakistan" in Karachi on Friday. The event was based on two research reports recently released by ACCA: "The Rise of Capital Markets in Emerging and Frontier Economies" and "Maki
Published 30 Mar, 2013 12:00am
ACCA holds discussion forum on 'making capital markets'

ACCA holds discussion forum on 'making capital markets'

ACCA Pakistan organised a discussion forum on "Making capital markets work in Pakistan" in Karachi on Friday. The event was based on two research reports recently released by ACCA: "The Rise of Capital Markets in Emerging and Frontier Economies" and "Maki
Published 30 Mar, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (March 29, 2013).

Published 30 Mar, 2013 12:00am
Eighth International symposium of LUMHS inaugurated

Eighth International symposium of LUMHS inaugurated

The Chief Guest Professor Adeeb ul Hassan Rizvi inaugurated the 8th International Symposium of Liaquat University of Medical and Health Sciences on Friday the 29th March 2013 at Lateef Hall LUMHS Jamshoro. The Vice Chancellor LUMHS Professor Mashoor Alam
Published 30 Mar, 2013 12:00am
PTI urged to review award of tickets in PK-2 constituency

PTI urged to review award of tickets in PK-2 constituency

Workers of Pakistan Tehreek-e-Insaf (PTI) have opposed the decision of party Parliamentary Board for awarding ticket to Younus Zaheer at provincial assembly constituency PK-2, and urged party leaders to give priority to ideological workers.
Published 30 Mar, 2013 12:00am
Holding fair polls interim government's top priority: Sethi

Holding fair polls interim government's top priority: Sethi

The caretaker set up's highest priority was holding transparent and impartial elections, caretaker Chief Minister of Punjab Najam Sethi said on Friday. Vowing that the law and order situation would be maintained at all cost, he said that the caretaker gov
Published 30 Mar, 2013 12:00am
LGH making efforts to trace out child's parents

LGH making efforts to trace out child's parents

Post Graduate Medical Institute (PGMI) is making all-out efforts to trace out the parents of a child found in Lahore General Hospital (LGH) a few days ago. Principal Post Graduate Medical Institute, Professor Anjum Habib Vohra said here on Friday that all
Published 30 Mar, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Mar, 2013 12:00am
Liaquat Baloch files his papers for NA-149

Liaquat Baloch files his papers for NA-149

Liaquat Baloch Secretary General of Jamaat Islami filed his candidature for NA-149 Multan-II, Malik Aamer Dogar of PPP also filed his candidature on this seat, Makhdoom Javed Hashmi of Tehrik-i-Insaf, Nadeem Mumtaz Qureshi chief of Mustaqbil Pakistan, Sye
Published 30 Mar, 2013 12:00am
ECP declares 305 polling stations of Multan sensitive

ECP declares 305 polling stations of Multan sensitive

Election Commission of Pakistan (ECP) has declared 305, out of 1,572 polling station of Multan district, as most sensitive where armed clashes and murders were reported in previous elections, while 374 polling stations were declared as sensitive and remai
Published 30 Mar, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 30 Mar, 2013 12:00am
Top official underscores need for adopting rational food policies

Top official underscores need for adopting rational food policies

Federal Secretary Ministry of National Food Security and Research (MNFS&R) Ahmad Bukhsh Lehri has said that Pakistan can significantly move forward to solve national food and nutritional security problems of millions of Pakistani households by formulating
Published 30 Mar, 2013 12:00am
Major political parties yet to announce names of candidates

Major political parties yet to announce names of candidates

With only two-day left in submission of nomination papers by candidates for Election 2013, the major political parties are facing difficulties in deciding their candidates. The Election Commission of Pakistan (ECP) has already extended the deadline for ca
Published 30 Mar, 2013 12:00am
TUSDEC plans to set up PIIA

TUSDEC plans to set up PIIA

Technology Upgradation and Skill Development Company (TUSDEC) has planned to set up Pakistan Institute of Industrial Automation (PIIA) in order to provide a training platform to consummate the shortage of skilled manpower in the local automation industry.
Published 30 Mar, 2013 12:00am
Warid announces shares buy-back

Warid announces shares buy-back

On Thursday, Wateen Telecom's Board of Directors and Management were informed through an official communique that the company's largest majority shareholder, Warid Telecom International LLC, UAE (WTI), is intending to acquire all of the issued ordinary sh
Published 30 Mar, 2013 12:00am
Warid announces shares buy-back

Warid announces shares buy-back

On Thursday, Wateen Telecom's Board of Directors and Management were informed through an official communique that the company's largest majority shareholder, Warid Telecom International LLC, UAE (WTI), is intending to acquire all of the issued ordinary sh
Published 30 Mar, 2013 12:00am
Need of agri-biotech applications stressed to avert food crisis

Need of agri-biotech applications stressed to avert food crisis

Pakistan may face national food insecurity by 2030, so there was a need for swift implementation of agri-biotech applications in the country in order to meet the food and fiber needs for the growing population, said speakers while addressing the launch of
Published 30 Mar, 2013 12:00am
ANF arrests moneychanger in ephedrine case

ANF arrests moneychanger in ephedrine case

The Anti-Narcotics Force (ANF) is reported to have arrested another accused in the ephedrine quota case and a court in Lahore allowed the force a two-day physical remand of the accused. A moneychanger named Zubair Ahmad was taken into custody by ANF from
Published 30 Mar, 2013 12:00am
Acting chief executive of Gencos Holding Company facing probes?

Acting chief executive of Gencos Holding Company facing probes?

The Ministry of Water and Power has reportedly assigned acting charge of the Chief Executive Officer (CEO) of the Gencos Holding Company Limited (GHCL) to an officer who is already facing two inquiries, sources told Business Recorder on Friday.
Published 30 Mar, 2013 12:00am
PS-111 and 116: Goplani files nomination papers

PS-111 and 116: Goplani files nomination papers

A small trader Sharjeel Goplani, on Friday submitted his nomination papers to contest the upcoming elections, becoming the first representative of the non-elite businessmen community of the city to go for election. Sharjeel Goplani, who serves as general
Published 30 Mar, 2013 12:00am
ECP told to allow two candidates to contest polls

ECP told to allow two candidates to contest polls

The Lahore High Court on Friday provisionally allowed two candidates to contest elections and issued a notice to the Election Commission in this regard. The court allowed a petitioner Malik Asghar to participate elections and directed the Election Commiss
Published 30 Mar, 2013 12:00am
Traders, industrialists express concern over loadshedding

Traders, industrialists express concern over loadshedding

Traders, Industrialists and Civil Society members expressed grave concern over the prolonged and unscheduled Electricity load shedding, which is yielding negative impact over the Industrial Production and creating severe unemployment in Punjab and its dur
Published 30 Mar, 2013 12:00am
21st AGM held: Bank Alfalah earns Rs 6.783 billion profit before tax

21st AGM held: Bank Alfalah earns Rs 6.783 billion profit before tax

Bank Alfalah has earned a profit before taxation of Rs 6.783 billion for the year ended December 31, 2012, as compared to Rs 5.434 billion in 2011, registering a significant growth of 24.8 percent. During the 21st Annual General Meeting (AGM) of the bank
Published 30 Mar, 2013 12:00am
21st AGM held: Bank Alfalah earns Rs 6.783 billion profit before tax

21st AGM held: Bank Alfalah earns Rs 6.783 billion profit before tax

Bank Alfalah has earned a profit before taxation of Rs 6.783 billion for the year ended December 31, 2012, as compared to Rs 5.434 billion in 2011, registering a significant growth of 24.8 percent. During the 21st Annual General Meeting (AGM) of the bank
Published 30 Mar, 2013 12:00am
Policeman among seven killed in Karachi

Policeman among seven killed in Karachi

At least seven persons, including a policeman, were killed in different incidents of violence in the city on Friday, police and rescue sources said. A police Sub-Inspector named Manzoor Ilahi, 45, was gunned down near Shanwari Restaurant on Mauripur Road
Published 30 Mar, 2013 12:00am
Wapda Hospital Hyderabad inaugurated

Wapda Hospital Hyderabad inaugurated

The Pakistan Water and Power Development Authority (Wapda) Chairman Syed Raghib Abbas Shah today inaugurated state-of-the-art Wapda Hospital Hyderabad. The new purpose-built building of the 50-bed hospital has been constructed with an amount of Rs 270 mil
Published 30 Mar, 2013 12:00am
Wapda chairman visits Hesco, Jamshoro and Lakhra power stations

Wapda chairman visits Hesco, Jamshoro and Lakhra power stations

In their resolve to improve the power situation in the country, Federal Secretary Water and Power Sikandar Ahmed Rai and Chairman Pakistan Water and Power Development Authority (Wapda) Syed Raghib Abbas Shah on Friday visited Hyderabad Electric Supply Com
Published 30 Mar, 2013 12:00am
New power tariff irks consumers

New power tariff irks consumers

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 30 Mar, 2013 12:00am
Residence of Sethi declared as camp office

Residence of Sethi declared as camp office

According to a notification of Welfare Wing S&GD issued recently, the residence of Caretaker Chief Minister Punjab Najam Sethi at 30C FCC Lahore has been declared as camp office. The House is located at Miratab Ali Road.
Published 30 Mar, 2013 12:00am
Early Kharif season: Irsa projects six percent water shortage

Early Kharif season: Irsa projects six percent water shortage

The Indus River System Authority (Irsa) on Friday projected a six per cent water shortage in early Kharif season and advised provinces to delay cultivation by two weeks till ice starts melting. However, there will be no water shortage in middle and late K
Published 30 Mar, 2013 12:00am