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May 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-06-20
Gwadar tax-free zones to boost regional economy

Gwadar tax-free zones to boost regional economy

Tax-free zones being established in Gwadar Port would attract considerable foreign investment and generate more employment opportunities, said Islamabad Chamber of Commerce & Industry (ICCI) President Tariq Sadiq in a press statement. He said government's
Published 20 Jun, 2005 12:00am
'Tourism industry shows upward movement'

'Tourism industry shows upward movement'

Federal Minister for Tourism, Dr G.G.Jamal has said that the current figures show that Tourism Industry is raising and more and more people are visiting Pakistan. He further stated that not only foreign tourists were coming to the country but also domesti
Published 20 Jun, 2005 12:00am
Rs 20.241 million cattle market contract endorsed

Rs 20.241 million cattle market contract endorsed

Tehsil Assembly (TA) has endorsed Rs 20.241 million contract of three cattle markets, which were approved by the Tehsil Nazim after open bidding. Tehsil Assembly met here on Saturday with Sajjad Khan, Naib Nazim and Convenor Tehsil Assembly in the chair.
Published 20 Jun, 2005 12:00am
Council of Islamic Ideology's advice vexes Christians

Council of Islamic Ideology's advice vexes Christians

All Pakistan Minorities Alliance (APMA) Chairman Shahbaz Bhatti has rejected the recommendation propounded by Council of Islamic Ideology (CII) to utilise sale proceeds of confiscated liquor for the welfare of minority. He said: "The recommendation has in
Published 20 Jun, 2005 12:00am
'PTCL sell-off a step forward towards economic progress'

'PTCL sell-off a step forward towards economic progress'

With the privatisation of 26 percent shares the Pakistan Telecommunication Company Limited (PTCL) would emerge as a leading telephone company of world, Minister for Privatisation Dr Abdul Hafeez A Shaikh said. This would benefit consumers in terms of impr
Published 20 Jun, 2005 12:00am
Benazir condemns Punjab MPAs suspension

Benazir condemns Punjab MPAs suspension

Former prime minister and Pakistan People's Party (PPP) Chairperson Benazir Bhutto was shocked to hear reports that opposition members of the Punjab Assembly were barred from attending the session in a bid to silence them from playing their parliamentary
Published 20 Jun, 2005 12:00am
Rashid to open moot on Pakistan Movement

Rashid to open moot on Pakistan Movement

Federal Minister for Information and Broadcasting Sheikh Rashid Ahmed will inaugurate the Conference on "Pakistan Movement Historical and Cultural Perspectives" on June 28 here at a local hotel. Prominent scholars, intellectuals and activists of Pakistan
Published 20 Jun, 2005 12:00am
Two hurt in North Waziristan blast

Two hurt in North Waziristan blast

At least two people injured, one in critical state, when a blast occurred near Pakistan-Afghan border in North Waziristan. According to political administration, Afghan refugees Rahim January and his brother were about to ride in a car when unknown person
Published 20 Jun, 2005 12:00am
Sites for two new Karachi sabzi markets decided

Sites for two new Karachi sabzi markets decided

Locations have been decided for establishment of two more sabzi markets near Ghakhar Phatak at National highway and at RCD Highway. In order to review the setting up of new sabzi mandis, rights of consumers and to maintain a system to monitor the price st
Published 20 Jun, 2005 12:00am
Education department officials accused of taking bribe

Education department officials accused of taking bribe

Central leaders of Sindh Professors and Lecturers Association (SPLA) Professor Manzoor Hussain Chishti, Professor Syed Riaz Ahsan, Professor Muhammad Mashooq Baloch, Professor Muharram Ali Kalhoro, Professor Khadim Khoso, Professor Athar Mirza, Professor
Published 20 Jun, 2005 12:00am
Musharraf asks children to focus on education

Musharraf asks children to focus on education

President General Pervez Musharraf asked children to inculcate the virtues of honesty, truthfulness and contentment and focus on education and character building to become useful and responsible individuals, in a TV programme aired on Sunday to mark the F
Published 20 Jun, 2005 12:00am
World earth festival today

World earth festival today

The first World-wide Earth festival is being celebrated in around 20 countries of the world simultaneously from June 20. The aim of the day is to sensitise the children about environmental protection through their participation to make the earth green and
Published 20 Jun, 2005 12:00am
Peace accord between Mehars and Jatois

Peace accord between Mehars and Jatois

Sindh Chief Minister Dr Arbab Ghulam Rahim said here on Sunday night that he had been successful in bringing about agreement for peace between the Mehar and Jatoi tribes. He said that the agreement would hold, and now any person violating the agreement wo
Published 20 Jun, 2005 12:00am
Sir Syed University enhances scholarship funds

Sir Syed University enhances scholarship funds

The Board of Governors, Sir Syed University of Engineering and Technology, Karachi approved the budget of the university for the year 2005-06 in a meeting held on Saturday. The total budget is of Rs 338.895 million with expenditure of Rs 326.792 million s
Published 20 Jun, 2005 12:00am
Rockets and bomb explode in Balochistan

Rockets and bomb explode in Balochistan

Suspected insurgents fired two rockets on a remote paramilitary camp, and a bomb exploded in the unstable south-western Balochistan province, but no one was hurt, officials said on Sunday. Two rockets hit a paramilitary troops camp in Kharan town, some 30
Published 20 Jun, 2005 12:00am
Five alleged dacoits killed in encounter

Five alleged dacoits killed in encounter

The Karachi police claimed having killed five dacoits in encounter in Defence area of Karachi on Sunday morning. Town Police Officer Clifton Imran Shaukat said patrolling police saw some suspects climbing wall of a house in Defence early on Sunday. The po
Published 20 Jun, 2005 12:00am
Nisar Memon to attend Asia-Middle East dialogue today

Nisar Memon to attend Asia-Middle East dialogue today

Senator Nisar A. Memon will attend the Asia-Middle East Dialogue (AMED) being held in Singapore from Monday. The theme of the inaugural session of AMED is, "Common Interests and Common Challenges". About 50 countries of Asia and the Middle East including
Published 20 Jun, 2005 12:00am
Demand to cut post-shipment export refinance on grains

Demand to cut post-shipment export refinance on grains

The Union of Small and Medium Enterprise (Unisame) Vice President, Mohammad Hassanally has suggested that the State Bank of Pakistan (SBP) should cut post-shipment export refinance on grains at least by 2 percent. In a proposal to Governor SBP Dr Ishrat H
Published 20 Jun, 2005 12:00am
Negative balance should not deter Pak-India trade

Negative balance should not deter Pak-India trade

Negative trade balance is not a deterrent for bilateral trade, says a reply of Federation of Indian Chamber of Commerce and Industry on India-Pakistan economic relations issued in May 2005. The report notes that in Pakistan's trade with top trading partne
Published 20 Jun, 2005 12:00am
Punjab to spend Rs 500 million for livestock upgradation

Punjab to spend Rs 500 million for livestock upgradation

The Punjab government will spend a sum of Rs 500 million under the annual development programme (ADP) for the promotion of livestock during financial year 2005-06. The concerned ministry sources said on Sunday, the said amount which is 140 percent higher
Published 20 Jun, 2005 12:00am
'Pak-India soccer series to promote game'

'Pak-India soccer series to promote game'

The first ever Pak-India football series is a step onward for promotion of the game in both nations whose rankings are below 135 n world ranking. But a change will occur if it will become an annual feature. This was stated by Indian chief coach Sukhwinder
Published 20 Jun, 2005 12:00am
'Kalabagh dam construction to be started this year'

'Kalabagh dam construction to be started this year'

Federal Information and Broadcasting Minister Sheikh Rashid Ahmad has said that the construction work of Kalabagh Dam would be started this year, adding that is a project of national importance and with its construction a new era of development will usher
Published 20 Jun, 2005 12:00am
UNDP satisfied with progress on 40 funded projects

UNDP satisfied with progress on 40 funded projects

Work on all the 40 United Nations Development Programme-funded projects is going on according to schedule and these will be completed on time, UNDP Assistant Resident Representative, Mohammad Zafar Iqbal told Business Recorder here on Sunday. Talki
Published 20 Jun, 2005 12:00am
Parliamentarians meet Kasuri

Parliamentarians meet Kasuri

Foreign Minister Khurshid Mahmood Kasuri held a meeting with national and provincial assembly members of Kasur at Lahore on Sunday. The meeting discussed strategy for forthcoming local bodies polls in Kasur. Kasuri also discussed organisation matters of P
Published 20 Jun, 2005 12:00am
Directive to keep earthmoving machinery in order

Directive to keep earthmoving machinery in order

Adviser to Sindh Chief Minister on Food and Agriculture Ghulam Murtaza Jatoi has directed officials of the agriculture engineering workshop to accelerate the pace of repair and maintenance of heavy earthmoving machinery, particularly bulldozers. He issue
Published 20 Jun, 2005 12:00am
NIT may pay 32.5 percent cash dividend

NIT may pay 32.5 percent cash dividend

The National Investment Trust (NIT) is likely to pay a dividend ranging from 27.5 percent to 32.5 percent for the current fiscal year as over 30 percent of its portfolio is in fuel and energy sector. Due to efficient portfolio management coupled with the
Published 20 Jun, 2005 12:00am
NIT may pay 32.5 percent cash dividend

NIT may pay 32.5 percent cash dividend

The National Investment Trust (NIT) is likely to pay a dividend ranging from 27.5 percent to 32.5 percent for the current fiscal year as over 30 percent of its portfolio is in fuel and energy sector. Due to efficient portfolio management coupled with the
Published 20 Jun, 2005 12:00am
Ratings of Metropolitan Bank maintained

Ratings of Metropolitan Bank maintained

The Pakistan Credit Rating Agency (Pacra) has maintained both long-term and short-term ratings of Metropolitan Bank Limited at 'AA+' (Double A Plus) and 'A1+' (A One Plus), respectively. These ratings denote a very low expectation of credit risk emanating
Published 20 Jun, 2005 12:00am
Commodities prices undergo minor changes

Commodities prices undergo minor changes

Wheat rose substantially on the opening day on the commodity wholesale markets during the week ended on June 11, 2005, though later it recovered the loss. Other commodities were either mixed or lower. The items fluctuated were wheat, rice, dyes, plastic m
Published 20 Jun, 2005 12:00am
TCP auctions dominate cotton trade

TCP auctions dominate cotton trade

The ginners made most of the manageable cotton stock held with them and the fact the new crop growing fast and is expected in a couple of months away. The TCP auction has continued to throttle trading and hence the spot rate was not ventured to be tailore
Published 20 Jun, 2005 12:00am
Punjab IG visits Ganga Ram Hospital

Punjab IG visits Ganga Ram Hospital

Inspector General of the Punjab Police Zia ul Hassan visited the emergency ward of the Sir Ganga Ram Hospital to enquire about the health of Sub-Inspector Traffic Police Noor Muhammad who was injured in firing here on Saturday night. Sr. Registrar Emergen
Published 20 Jun, 2005 12:00am
Hote qualifies masters in Business Administration

Hote qualifies masters in Business Administration

Ali Balach Hote, previous student of ICB Islamabad, who after completing BA economics degree from the University of Western Ontario, London, Ontario, Canada, has successfully complete his Masters in Business Administration with distinction, from the Unive
Published 20 Jun, 2005 12:00am
KFMA to supply wheat flour at Rs 12.50 per kg

KFMA to supply wheat flour at Rs 12.50 per kg

Karachi Flour Mills Association (KFMA) has announced to supply "Atta" (wheat flour) for people of Karachi at Rs 12-50 per kg, 100 kg bag at ex-mill Rs l000 and 10 kg bag ex-mill Rs 130. The announcement came from the Association at a meeting held here on
Published 20 Jun, 2005 12:00am
Water animal park to be constructed

Water animal park to be constructed

Punjab Tourism Department would construct a water animal park costing Rs 50 million at Lahore. The Department will also construct Sports Spots at Head Balloki, Kasur and Head Maralla in Sialkot in near future. The Sports Spots would incur cost of Rs 90 mi
Published 20 Jun, 2005 12:00am
One injured in firing

One injured in firing

Two masked assailants riding on a motorbike shot at one Mirza Anwar-ur-Rehman in Tariqabad area and left him injured here, on Sunday. The victim was admitted to hospital in critical condition. Family sources said that two unidentified persons knocked the
Published 20 Jun, 2005 12:00am
District status to Chiniot demanded

District status to Chiniot demanded

The movement for conversion of Chiniot Tehsil into district has been entered into second week, while an action committee comprising more than 100 members has been constituted to chalk out further line of action. Nazims and councillors as well as citizens
Published 20 Jun, 2005 12:00am
Fruit and vegetable crops area enhanced in 2004

Fruit and vegetable crops area enhanced in 2004

The total area devoted to fruits and vegetables production has increased rapidly in recent years, reaching 1.5 million hectares (ha) in FY2004. The production between FY2002 and FY2003 rapidly increased for some fruit crops such as peach (103 percent), pe
Published 20 Jun, 2005 12:00am
Rs 400 million being spent on projects for special kids in Punjab

Rs 400 million being spent on projects for special kids in Punjab

The Punjab government is spending more than Rs 400 million during current fiscal year on the completion of various projects of special children in the province. Official sources told Business Recorder here on Sunday that under a network programme,
Published 20 Jun, 2005 12:00am
'Strategy evolved to eradicate corruption'

'Strategy evolved to eradicate corruption'

Provincial Minister for Co-operatives, Colonel Malik Muhammad Anwar (Retd) in a meeting here on Sunday said that with the co-operation of National Accountability Bureau (NAB) a strategy has been evolved for eradication of corruption in housing sector and
Published 20 Jun, 2005 12:00am
Pakistan home to five million drug addicts

Pakistan home to five million drug addicts

There are estimated 5 million drug addicts in Pakistan, 97-percent of which are men and 3-percent women and each addict spends Rs 100-150 on drugs daily from which drug sellers generate daily revenue of million of rupees. Negative effects vary depending o
Published 20 Jun, 2005 12:00am
DHL cargo agents receive awards and certificates

DHL cargo agents receive awards and certificates

The DHL Airways ACG (Aviation Commercial Group) gave awards and performance certificates to its top cargo agents from Lahore, Faisalabad and Sialkot at a ceremony held at a local hotel here, on Friday. The DHL Middle East Commercial Manager Aviation, Kim
Published 20 Jun, 2005 12:00am
Sialkot soon to have industrial zone for tanneries

Sialkot soon to have industrial zone for tanneries

An industrial zone for tanneries would be developed soon in Sialkot and for this purpose, necessary arrangements were being finalised. The proposed industrial zone for tanneries would be developed over 300 acres of land. Official sources Business Recor
Published 20 Jun, 2005 12:00am
Automobile plant to be set up in Karachi

Automobile plant to be set up in Karachi

A new vehicles manufacturing plant would be set up in Karachi with Chinese assistance. The plant would start manufacturing family van by January 2006, light duty truck from January 2007 and cars from June 2008, a private TV reported. First Automobile Grou
Published 20 Jun, 2005 12:00am
Lahore corps commander's father dies

Lahore corps commander's father dies

Brigadier Muhammad Ishaq Khan (Retd) father of Corps Commander Lahore, Lieutenant General Shahid Aziz died here on Sunday at CMH Lahore Cantt after a brief illness. His Namaz-e-Janaza was offered at Garrison Mosque Lahore Cantt after Zohr prayers. Besides
Published 20 Jun, 2005 12:00am
Maintaining law and order highest priority: Arbab

Maintaining law and order highest priority: Arbab

Sindh Chief Minister Dr Arbab Ghulam Rahim has said the government attaches highest priority to maintaining law and order and called for public awareness to end tribal feuds in Sindh. He expressed his satisfaction over successful reconciliation reached be
Published 20 Jun, 2005 12:00am
Shaukat lauds pace of progress in Punjab

Shaukat lauds pace of progress in Punjab

Prime Minister Shaukat Aziz met President of Pakistan Muslim League (PML) Chaudhry Shujaat Hussain and Punjab Chief Minister Chaudhry Pervaiz Elahi at their residence on Sunday and discussed with them the matters relating to local bodies polls, reorganisa
Published 20 Jun, 2005 12:00am
One shot dead

One shot dead

A young man was shot dead in Moinabad No 2, Sharafi Goth here on Sunday, police said. The deceased, who remained unidentified, was about 25. Neither the accused could be traced out nor the reason of murder could be ascertained, the police said. The deceas
Published 20 Jun, 2005 12:00am
Iranian oil minister due today

Iranian oil minister due today

Iranian Oil Minister, Bijan Namdar Zanganeh, is to pay a visit to Islamabad on Monday at the invitation of Pakistani officials to continue talks on Iran''s gas pipeline to India. The Iranian news agency IRNA reported on Sunday that Zanganeh has termed tal
Published 20 Jun, 2005 12:00am
Iranian oil minister due today

Iranian oil minister due today

Iranian Oil Minister, Bijan Namdar Zanganeh, is to pay a visit to Islamabad on Monday at the invitation of Pakistani officials to continue talks on Iran's gas pipeline to India. The Iranian news agency IRNA reported on Sunday that Zanganeh has termed talk
Published 20 Jun, 2005 12:00am
Iranian oil minister due today

Iranian oil minister due today

Iranian Oil Minister, Bijan Namdar Zanganeh, is to pay a visit to Islamabad on Monday at the invitation of Pakistani officials to continue talks on Iran's gas pipeline to India. The Iranian news agency IRNA reported on Sunday that Zanganeh has termed talk
Published 20 Jun, 2005 12:00am
Anomaly in sales tax law pointed out

Anomaly in sales tax law pointed out

The Karachi Sales Tax Bar Association (KSTBA) has said that commercial importers paying input tax on value-addition have been debarred from carrying forward the tax and are seeking refund in the new budget. The KSTBA President, Khushnood A Khan, in his pa
Published 20 Jun, 2005 12:00am
Citigroup hires UK corporate broker from Merrill

Citigroup hires UK corporate broker from Merrill

Citigroup has hired a banker from rival Merrill Lynch for its UK corporate broking business, in a move to bolster its more junior ranks, a spokesman for the bank said on Sunday. James Staveley is to join Citigroup as a vice president in the corporate brok
Published 20 Jun, 2005 12:00am
THE RUPEE: rates under pressure

THE RUPEE: rates under pressure

Higher payment requirements sparked the demand for dollars, causing weakness in rupee versus the US currency last week ending on June 18, 2005. In the inter-bank market, the rupee gave up its firmness, shedding 6 paisa versus dollar, at Rs 59.70 and Rs 59
Published 20 Jun, 2005 12:00am
THE RUPEE: rates under pressure

THE RUPEE: rates under pressure

Higher payment requirements sparked the demand for dollars, causing weakness in rupee versus the US currency last week ending on June 18, 2005. In the inter-bank market, the rupee gave up its firmness, shedding 6 paisa versus dollar, at Rs 59.70 and Rs 59
Published 20 Jun, 2005 12:00am
Actions speak louder than words, investors tell Ukraine's leaders

Actions speak louder than words, investors tell Ukraine's leaders

Ukraine's new leadership needs to back up its promises with action if it wants to see foreign money flow into the country, say investors eyeing the ex-Soviet nation. "There is tremendous potential," said M. Shafik Gabr, chief of Egypt's Artoc Group for In
Published 20 Jun, 2005 12:00am
Survival of the fittest in New York's property jungle

Survival of the fittest in New York's property jungle

In New York City, all is fair in love and real estate these days, with soaring housing prices driving prospective buyers into a ruthless market where only the fittest emerge as property owners. "If it's in Manhattan, even for an ugly, windowless apartment
Published 20 Jun, 2005 12:00am
Mixed trend on LSE

Mixed trend on LSE

The last week ended June 17, 2005, witnessed a seesaw posture on the Lahore Stock Exchange (LSE), where equities moved in a tight band, as differing news reports about PTCL privatisation kept investors in a confused state of mind due to which their intere
Published 20 Jun, 2005 12:00am
Mixed trend on LSE

Mixed trend on LSE

The last week ended June 17, 2005, witnessed a seesaw posture on the Lahore Stock Exchange (LSE), where equities moved in a tight band, as differing news reports about PTCL privatisation kept investors in a confused state of mind due to which their intere
Published 20 Jun, 2005 12:00am
KSE: equities move in narrow band

KSE: equities move in narrow band

The share market during last week ended on June 18, 2005, moved in a narrow-band as investors received rumours related to delay in PTCL privatisation, forcing them to sit on the sidelines waiting for the right moment to enter the market. However, KSE Inde
Published 20 Jun, 2005 12:00am
KSE: equities move in narrow band

KSE: equities move in narrow band

The share market during last week ended on June 18, 2005, moved in a narrow-band as investors received rumours related to delay in PTCL privatisation, forcing them to sit on the sidelines waiting for the right moment to enter the market. However, KSE Inde
Published 20 Jun, 2005 12:00am
KSE: equities move in narrow band

KSE: equities move in narrow band

The share market during last week ended on June 18, 2005, moved in a narrow-band as investors received rumours related to delay in PTCL privatisation, forcing them to sit on the sidelines waiting for the right moment to enter the market. However, KSE Inde
Published 20 Jun, 2005 12:00am
PTCL sell-off may stage handsome rally on stock market

PTCL sell-off may stage handsome rally on stock market

The Karachi Stock Exchange (KSE) benchmark 100 index is likely to stage a rally ranging from 250 to 300 points on Monday following the high bid received from Etisalat for Pakistan Telecommunication Company''s 26 percent strategic sale. On the weekend, a n
Published 20 Jun, 2005 12:00am
PTCL sell-off may stage handsome rally on stock market

PTCL sell-off may stage handsome rally on stock market

The Karachi Stock Exchange (KSE) benchmark 100 index is likely to stage a rally ranging from 250 to 300 points on Monday following the high bid received from Etisalat for Pakistan Telecommunication Company's 26 percent strategic sale. On the weekend, a ne
Published 20 Jun, 2005 12:00am
PTCL sell-off may stage handsome rally on stock market

PTCL sell-off may stage handsome rally on stock market

The Karachi Stock Exchange (KSE) benchmark 100 index is likely to stage a rally ranging from 250 to 300 points on Monday following the high bid received from Etisalat for Pakistan Telecommunication Company's 26 percent strategic sale. On the weekend, a ne
Published 20 Jun, 2005 12:00am
World Bank favours appellate body on Nepra tariff decisions

World Bank favours appellate body on Nepra tariff decisions

The World Bank (WB) favours the establishment of an appellate forum to review tariff determinations finalised by the National Electric Power Regulatory Authority (Nepra), which the regulator had opposed vigorously in the past, official sources told Bus
Published 20 Jun, 2005 12:00am
World Bank favours appellate body on Nepra tariff decisions

World Bank favours appellate body on Nepra tariff decisions

The World Bank (WB) favours the establishment of an appellate forum to review tariff determinations finalised by the National Electric Power Regulatory Authority (Nepra), which the regulator had opposed vigorously in the past, official sources told Bus
Published 20 Jun, 2005 12:00am
World Bank favours appellate body on Nepra tariff decisions

World Bank favours appellate body on Nepra tariff decisions

The World Bank (WB) favours the establishment of an appellate forum to review tariff determinations finalised by the National Electric Power Regulatory Authority (Nepra), which the regulator had opposed vigorously in the past, official sources told Bus
Published 20 Jun, 2005 12:00am
Bonds yield down 40 basis points

Bonds yield down 40 basis points

The yields on long-term, of three-, five-, and 10-year, bonds last week fell nearly 40 basis points following the statement Dr Ashfaque Hassan Khan made that Pakistan Investment Bonds auction had been scrapped. The JS PGBI, which is the primary indicator
Published 20 Jun, 2005 12:00am
Bonds yield down 40 basis points

Bonds yield down 40 basis points

The yields on long-term, of three-, five-, and 10-year, bonds last week fell nearly 40 basis points following the statement Dr Ashfaque Hassan Khan made that Pakistan Investment Bonds auction had been scrapped. The JS PGBI, which is the primary indicator
Published 20 Jun, 2005 12:00am
Bonds yield down 40 basis points

Bonds yield down 40 basis points

The yields on long-term, of three-, five-, and 10-year, bonds last week fell nearly 40 basis points following the statement Dr Ashfaque Hassan Khan made that Pakistan Investment Bonds auction had been scrapped. The JS PGBI, which is the primary indicator
Published 20 Jun, 2005 12:00am
Bonds yield down 40 basis points

Bonds yield down 40 basis points

The yields on long-term, of three-, five-, and 10-year, bonds last week fell nearly 40 basis points following the statement Dr Ashfaque Hassan Khan made that Pakistan Investment Bonds auction had been scrapped. The JS PGBI, which is the primary indicator
Published 20 Jun, 2005 12:00am
Investment in renewable energy to be encouraged: Shaukat

Investment in renewable energy to be encouraged: Shaukat

Prime Minister Shaukat Aziz has said the government will encourage foreign investment in alternative energy sector to meet the requirements. Addressing the inaugural ceremony of solar village ''Narian Kharian'' here on Sunday, he said government''s econom
Published 20 Jun, 2005 12:00am
Investment in renewable energy to be encouraged: Shaukat

Investment in renewable energy to be encouraged: Shaukat

Prime Minister Shaukat Aziz has said the government will encourage foreign investment in alternative energy sector to meet the requirements. Addressing the inaugural ceremony of solar village 'Narian Kharian' here on Sunday, he said government's economic
Published 20 Jun, 2005 12:00am
Investment in renewable energy to be encouraged: Shaukat

Investment in renewable energy to be encouraged: Shaukat

Prime Minister Shaukat Aziz has said the government will encourage foreign investment in alternative energy sector to meet the requirements. Addressing the inaugural ceremony of solar village 'Narian Kharian' here on Sunday, he said government's economic
Published 20 Jun, 2005 12:00am
US must stop interference for rapprochement: Iran

US must stop interference for rapprochement: Iran

Iran said on Sunday that a rapprochement with Washington was impossible until the United States stopped interfering in Tehran's domestic affairs. Foreign Minister Kamal Kharrazi also fired back at US accusations that Iran's presidential poll, the first ro
Published 20 Jun, 2005 12:00am
England beat Australia in One-dayer

England beat Australia in One-dayer

England's Steve Harmison took a career-best five-wicket haul and Kevin Pietersen blasted 91 not out off just 65 balls on Sunday as Australia suffered a second consecutive triangular series one-day defeat. The world champions, whose reverse against Banglad
Published 20 Jun, 2005 12:00am
23 killed in Baghdad restaurant blast

23 killed in Baghdad restaurant blast

At least 23 people were killed on Sunday when a suicide bomber devastated a busy kebab restaurant near Baghdad's fortified Green Zone, as violence claimed dozens of lives across central and western Iraq. It was the bloodiest day in Baghdad since the launc
Published 20 Jun, 2005 12:00am
23 killed in Baghdad restaurant blast

23 killed in Baghdad restaurant blast

At least 23 people were killed on Sunday when a suicide bomber devastated a busy kebab restaurant near Baghdad's fortified Green Zone, as violence claimed dozens of lives across central and western Iraq. It was the bloodiest day in Baghdad since the launc
Published 20 Jun, 2005 12:00am
Musharraf vows to attract investment through peace efforts

Musharraf vows to attract investment through peace efforts

President General Pervez Musharraf has described his visit to Australia and New Zealand as extremely successful and vowed to build on recognition of his efforts for world peace to draw investment into Pakistan, facilitate higher education and improve the
Published 20 Jun, 2005 12:00am
Musharraf vows to attract investment through peace efforts

Musharraf vows to attract investment through peace efforts

President General Pervez Musharraf has described his visit to Australia and New Zealand as extremely successful and vowed to build on recognition of his efforts for world peace to draw investment into Pakistan, facilitate higher education and improve the
Published 20 Jun, 2005 12:00am
Musharraf vows to attract investment through peace efforts

Musharraf vows to attract investment through peace efforts

President General Pervez Musharraf has described his visit to Australia and New Zealand as extremely successful and vowed to build on recognition of his efforts for world peace to draw investment into Pakistan, facilitate higher education and improve the
Published 20 Jun, 2005 12:00am
The Weather

The Weather

The weather report on Sunday (June 19) and the forecast for Monday (June 20, 2005).
Published 20 Jun, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Sunday (June 19, 2005).

Published 20 Jun, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Sunday (June 19, 2005).

Published 20 Jun, 2005 12:00am
Atlas Fund Prices

Atlas Fund Prices

Atlas Fund Prices on Sunday (June 19, 2005).

Published 20 Jun, 2005 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week (June 13 to 18, 2005).

Published 20 Jun, 2005 12:00am
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