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Print - 2005-09-22
US MIDDAY: corn sags in choppy trade

US MIDDAY: corn sags in choppy trade

Corn futures at the Chicago Board of Trade were weak early on Wednesday in choppy trade with the adequate global stocks of feed grains acting as an anchor, traders said.
Published 22 Sep, 2005 12:00am
US MIDDAY: wheat mostly higher in quiet technical trade

US MIDDAY: wheat mostly higher in quiet technical trade

Wheat futures on the Chicago Board of Trade were mostly higher at midmorning on Wednesday in quiet technical trade, gaining back more ground against Kansas City wheat in inter-market activity, traders said.
Published 22 Sep, 2005 12:00am
US MIDDAY: copper steadies on renewed fund buying

US MIDDAY: copper steadies on renewed fund buying

Copper futures were higher early Wednesday, after briefly touching new contract highs, on renewed fund buying as uncertainty surrounding another hurricane held the market hostage, traders said.
Published 22 Sep, 2005 12:00am
US MIDDAY: soybeans firm on technical bounce

US MIDDAY: soybeans firm on technical bounce

Soybean futures at the Chicago Board of Trade were firm early Wednesday on a technical bounce and followed the strength in the soyaoil pit, traders said.
Published 22 Sep, 2005 12:00am
US MIDDAY: gold up near 17-year high on safe-haven buying

US MIDDAY: gold up near 17-year high on safe-haven buying

Gold futures rose to within sight of 17-year highs early Wednesday on safe-haven buying, but gains were capped by scattered profit taking linked to technical factors and the Federal Reserve's latest interest rate hike, dealers and analysts said. By 10:29
Published 22 Sep, 2005 12:00am
ITCN Asia expo next year

ITCN Asia expo next year

The sixth ITCN Asia Exhibition and Conference to be held from August 9 to 11, 2006, at the Karachi Expo Centre, the E-commerce Gateway announced in a statement here on Wednesday.
Published 22 Sep, 2005 12:00am
Concern voiced over plight of women

Concern voiced over plight of women

The Karachi Women's Peace Committee organised a meeting on Wednesday in which representatives of women bodies and social welfare organisations discussed the plight of the women in the society.
Published 22 Sep, 2005 12:00am
Action against hoarding, overcharging planned

Action against hoarding, overcharging planned

The legal action under Profiteering and Hoarding Ordinance and Amendment in Pure Food Ordinance 1960 came under consideration at a meeting held under the chairmanship of Chief Secretary Fazlur Rehman here on Wednesday.
Published 22 Sep, 2005 12:00am
Reproductive health summit on September 23

Reproductive health summit on September 23

The Human Resource Development Network with support from The David and Lucile Packard Foundation is organising a Corporate Summit for greater corporate involvement in Family Planning and Reproductive Health awareness and services in Pakistan on Friday Sep
Published 22 Sep, 2005 12:00am
Sindh to have 8,000 CNG buses in 5 years: Ibad

Sindh to have 8,000 CNG buses in 5 years: Ibad

About 8,000 CNG buses will be brought in the province phase-wise in five years under a federal government programme in line with the government's efforts for conservation and protection of the environment.
Published 22 Sep, 2005 12:00am
Hamdard University declared 'Green Campus'

Hamdard University declared 'Green Campus'

Sindh Governor Dr Ishratul Ebad Khan Wednesday declared Hamdard University a 'Green Campus' while inaugurating a newly constructed state-of-the-art Environmental Studies Centre here at the University's main campus.
Published 22 Sep, 2005 12:00am
Rs 2 million medicines dispatched for water contamination victims

Rs 2 million medicines dispatched for water contamination victims

The Sindh government has sent medicines worth about Rs 2 million and tackled the issue of water contamination in Landhi on war-footing to provide relief to people suffering from gastro-enteritis and prevent occurrence of such incidents in future.
Published 22 Sep, 2005 12:00am
Jetro sends study mission to Thailand

Jetro sends study mission to Thailand

Jetro is dispatching 2nd Pakistani automotive vendors' mission to Thailand, which is in continuation of the 1st visit in March 2005, said a Jetro press release here on Wednesday. Around 40 leading vendors and assemblers are participating in this mission,
Published 22 Sep, 2005 12:00am
Admiral Shahid honoured with Malaysian Valour Award

Admiral Shahid honoured with Malaysian Valour Award

The Chief of the Naval Staff, Admiral Shahid Karimullah, has been conferred the honorary Malaysian Armed Forces Order for Valour Award as a Gallant Commander in acknowledgement of his long and meritorious services.
Published 22 Sep, 2005 12:00am
Operation against land mafia starts

Operation against land mafia starts

The anti-encroachment cell of City District Government Karachi has started an operation to eject land mafia from plots of various sizes allotted to people in Block-10, Gulistan-e-Jauhar.
Published 22 Sep, 2005 12:00am
Drugs and syrups in unsealed bottles

Drugs and syrups in unsealed bottles

Some months back, Consumer Protection Council of Helpline Trust had drawn the attention of the President and Prime Minister of Pakistan.
Published 22 Sep, 2005 12:00am
Letters from Indian jail give Pakistani mother hope

Letters from Indian jail give Pakistani mother hope

Oblivious to the overwhelming stench of cow dung, rotting fish and sewage, Mai Aasi waits as she has done for 14 years for the return of two sons and her daughter's husband from an Indian jail.
Published 22 Sep, 2005 12:00am
Reaching out to Jewish community

Reaching out to Jewish community

Understandably, President General Pervez Musharraf has described his address at a convention of the American Jewish Congress, where he received standing ovation several times, as "a high point" of his latest visit to the US.
Published 22 Sep, 2005 12:00am
March towards morally correct banking

March towards morally correct banking

Addressing banking professionals at the 55th Annual General Meeting of the Institute of Bankers of Pakistan (IBP) on 17th September, the State Bank Governor, recounted the achievements of the banking industry in the last few years and elaborated his visio
Published 22 Sep, 2005 12:00am
Workshop on AIDS

Workshop on AIDS

A Workshop on AIDS was held here Wednesday to create awareness among the masses about the injurious affects of the disease. The workshop organised by United Rural Development Programme (URDP) was attended by all the Heads/Incharges of Primary, Middle & Hi
Published 22 Sep, 2005 12:00am
Cadet College Hasanabdal directed to give admission to 50 students

Cadet College Hasanabdal directed to give admission to 50 students

Punjab Governor, Lieutenant General Khalid Maqbool (Retd), has directed the management of Cadet College Hasanabdal to give admission to 50 intelligent but deserving students every year who fulfil the admission criteria but can not afford education's expen
Published 22 Sep, 2005 12:00am
65,000 applications for I-15 plots compiled

65,000 applications for I-15 plots compiled

The compilation process of forms for I-15 plots and flats was under way and the Habib Bank management had so far compiled the data of 65,000 out of around 225,000 applicants, an official of Capital Development Authority (CDA) said Wednesday.
Published 22 Sep, 2005 12:00am
Government upgrading financial accounting, budgeting system

Government upgrading financial accounting, budgeting system

Federal government is actively upgrading the "Financial Accounting and Budgeting System" (FABS) with the financial assistance of World Bank to achieve full government financial accountability and transparency in the new automated environment era.
Published 22 Sep, 2005 12:00am
Six terrorists arrested

Six terrorists arrested

Anti-terrorist squad Faisalabad on Wednesday arrested more than six alleged accused, one wanted in many cases, on a tip off by already arrested terrorists from Qaidabad Khushab.
Published 22 Sep, 2005 12:00am
LHCBA member approaches LHC

LHCBA member approaches LHC

A member of the Lahore High Court Bar Association (LHCBA) has approached the Lahore High Court (LHC) against the deduction of 0.01 percent tax on cash withdrawal of Rs 25,000 and above from banks under the directions of Central Board of Revenue (CBR).
Published 22 Sep, 2005 12:00am
Road accidents claim eight lives

Road accidents claim eight lives

Eight persons were killed in various road accidents occurred at various places near here on Wednesday. Usman (20) and his grandfather Amir Ali were crushed to death by a speedy trailer near Faisalabad Airport on Jhang road.
Published 22 Sep, 2005 12:00am
Special train on world tourism day

Special train on world tourism day

The regional office of Tourism Development Corporation of Punjab (TDCP) has arranged a "Tourism Train" from Rawalpindi to Taxila to commemorate the "World Tourism Day" to be observed on September 27 throughout the world.
Published 22 Sep, 2005 12:00am
Tehrik-e-Istaqlal demands construction of Kalabag Dam

Tehrik-e-Istaqlal demands construction of Kalabag Dam

Central leader, Tehrik-e-Istaqlal (TI), Malik Hamid Sarfraz has urged President General Pervaiz Musharraf to immediately announce erection of Kalabagh Dam for economically tenacious Pakistan.
Published 22 Sep, 2005 12:00am
Ties with Israel to help settle ticklish issues: Faisal

Ties with Israel to help settle ticklish issues: Faisal

Minister for Kashmir Affairs, Syed Faisal Saleh Hayyat has said the policy of engagement with Israel would ultimately produce much needed dividends for the Middle East, South Asia and Pakistan itself.
Published 22 Sep, 2005 12:00am
Meezan Bank branch inaugurated

Meezan Bank branch inaugurated

Minister of State and Chairman Export Promotion Bureau (EPB), Tariq Ikram on Wednesday formally inaugurated branch of Meezan Bank, the largest Islamic bank in Pakistan, in Peshawar.
Published 22 Sep, 2005 12:00am
Two held with explosives

Two held with explosives

Khushab district police have arrested a suspect terrorist, as he got out of a bus from Mianwali, and recovered illegal arms and explosives from his possession here on Tuesday.
Published 22 Sep, 2005 12:00am
Amer claims support of 1400 new members

Amer claims support of 1400 new members

District Nazim candidate Mian Amer Mahmood has claimed that over 1400 newly elected Nazims, Naib Nazims and councillors have assured their full support to him in writing.
Published 22 Sep, 2005 12:00am
Xinjiang to be hub of Sino-Pak business activities

Xinjiang to be hub of Sino-Pak business activities

China hopes that its Western region, Xinjiang will emerge as hub of Sino-Pak business activities, with the implementation of special tariff package from January, 2006.
Published 22 Sep, 2005 12:00am
RCMH to get status of teaching hospital

RCMH to get status of teaching hospital

After inking a formal agreement between Red Crescent Maternity Hospital (RCMH) and the University of Faisalabad, clinical training facilities would be provided to medical students in gynaecology, obstetrics and paediatrics departments for the proposed MBB
Published 22 Sep, 2005 12:00am
Training programme to be held for political leaders

Training programme to be held for political leaders

National Democratic Institute for International Affairs (NDI) in collaboration with Center for Civic Education Pakistan (CCEP) will organise concluding ceremony of Political Party Development Programme here at a local hotel on September 24.
Published 22 Sep, 2005 12:00am
The Weather

The Weather

The weather report on Wednesday (September 21, 2005) and the forecast for Thursday (September 22).
Published 22 Sep, 2005 12:00am
Farooq admits advising India bomb terrorist camps

Farooq admits advising India bomb terrorist camps

Occupied Jammu and Kashmir's former Chief Minister and National Conference Leader Farooq Abdullah has admitted that he had been advising India to bomb terrorist training camps in Azad Kashmir.
Published 22 Sep, 2005 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 22 Sep, 2005 12:00am
Comsats tele-health plan benefits 400 patients

Comsats tele-health plan benefits 400 patients

Around 400 patients suffering from different diseases have been provided treatment in Skardu under Comsats tele-health programme by August this year. This initiative has greatly helped patients who otherwise had to go down ountry for the consultation with
Published 22 Sep, 2005 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 22 Sep, 2005 12:00am
Canada urged to take up Kashmir issue in its parliament

Canada urged to take up Kashmir issue in its parliament

Former AJK Prime Minister and leader of the Opposition in AJK Legislative Assembly, Barrister Sultan Mahmood Choudry has urged upon Canadian government to take up Kashmir issue in the Canadian Parliament so that issue would be solved as early as possible.
Published 22 Sep, 2005 12:00am
Pakistan and Mongolia agree to upgrade ties

Pakistan and Mongolia agree to upgrade ties

Pakistan and Mongolia have agreed to upgrade their bilateral ties in political, economic, cultural and educational fields. An agreement to this effect reached at a meeting held between Mongolian President Nambaryn Enkhbayar and ambassador Salman Bashir.
Published 22 Sep, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 21, 2005).

Published 22 Sep, 2005 12:00am
Putin keen to enhance co-operation with Pakistan

Putin keen to enhance co-operation with Pakistan

Pakistan's Ambassador at the Russian Federation Mustafa Kamal Kazi presented his credentials to President Vladimir Putin on Tuesday at a ceremony held in the Kremlin.
Published 22 Sep, 2005 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 21, 2005).

Published 22 Sep, 2005 12:00am
Key stock market movements at 1700 GMT on September 21

Key stock market movements at 1700 GMT on September 21

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 22 Sep, 2005 12:00am
French, German and Pakistani artistes regale audience

French, German and Pakistani artistes regale audience

Pakistani, German and French artists presented a unique and first ever joint jazz concert "Dialogue through music" and enthralled the jam packed auditorium here at the German Embassy on Tuesday night.
Published 22 Sep, 2005 12:00am
Green productivity workshop begins

Green productivity workshop begins

A two-day workshop on "Green Productivity" began at Cleaner Production Centre here on Wednesday. The National Productivity Organisation (NPO), Cleaner Production Centre (CPC) in collaboration with Asian Productivity Organisation (APO) had jointly organise
Published 22 Sep, 2005 12:00am
Benazir pleads ignorance about Swiss banks accounts

Benazir pleads ignorance about Swiss banks accounts

Benazir Bhutto told the Swiss Examining Magistrate that she was unaware of the funds held in Swiss banks in the name of offshore companies, her husband and other relatives.
Published 22 Sep, 2005 12:00am
Fare increase irks commuters

Fare increase irks commuters

The masses have condemned increase in the fare of public transport plying on Islamabad-Rawalpindi, Taxila-Wah-Hasan Abdal, Islamabad-Rawat and other routes of adjoining areas as well as in twin cities of Islamabad and Rawalpindi.
Published 22 Sep, 2005 12:00am
OUP launches Urdu version of Asghar Khan's book

OUP launches Urdu version of Asghar Khan's book

Oxford University Press (OUP) launched its latest publication "Tareekh Say Kuchh Nahin Seekha: Siyasat Aur Afwaj-e-Pakistan", the Urdu translation of best-selling book, "We've Learnt Nothing from History - Pakistan: Politics and Military Power" (Oxford Un
Published 22 Sep, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 21, 2005).

Published 22 Sep, 2005 12:00am
Importers buy 300,000 tons wheat: official

Importers buy 300,000 tons wheat: official

Importers have booked around 300,000 tonnes of milling wheat after a duty cut earlier this year and orders for another 100,000 tonnes are expected in the coming days, an official said on Wednesday.
Published 22 Sep, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (September 21, 2005) and Thursday(September 22, 2005).
Published 22 Sep, 2005 12:00am
Wattoo's appeal referred to LHC Chief Justice

Wattoo's appeal referred to LHC Chief Justice

A division bench of the Lahore High Court (LHC) referred an appeal filed by former Punjab chief minister Mian Manzoor Ahmed Wattoo to Chief Justice of the LHC for constitution of other bench, as one of member of the bench Justice Shabbar Raza Rizvi refuse
Published 22 Sep, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, September 22, 2005.

Published 22 Sep, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, September 22, 2005.

Published 22 Sep, 2005 12:00am
Bulldog Broadband selects TRG as telesales partner

Bulldog Broadband selects TRG as telesales partner

TRG is pleased to announce a major new contract win in partnership with its UK-based subsidiary iSKY Europe PLC, for the provision of telesales and sales support activities for Bulldog Broadband.
Published 22 Sep, 2005 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company has announced the offer and bid price per unit for the following funds effective from Thursday, September 22, 2005.

Published 22 Sep, 2005 12:00am
TMFB to provide housing, business finance to poor

TMFB to provide housing, business finance to poor

Tameer Micro Finance Bank will begin financing facilities from this December to low income people for construction of houses in Taiser Town, Lyari Settlement Project and other similar schemes, it was learnt on Wednesday.
Published 22 Sep, 2005 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (September 21, 2005).

Published 22 Sep, 2005 12:00am
Service contract extended

Service contract extended

The Government of Pakistan has extended the contract appointment of Noor-ud-Din Baqai, as Member (Telecom), in Information Technology and Telecommunication Division, for one year from September 16, 2005, on existing terms and conditions, and until further
Published 22 Sep, 2005 12:00am
Ufone's lowest tariff for Saudi Arabia and UAE

Ufone's lowest tariff for Saudi Arabia and UAE

Ufone, a leading cellular service operator, has announced a major reduction in its tariffs for international calls made to Saudi Arabia and the United Arab Emirates, a company press release issued here on Wednesday said.
Published 22 Sep, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 21, 2005).

Published 22 Sep, 2005 12:00am
PAA hosts road show for ADASIA 2005

PAA hosts road show for ADASIA 2005

Pakistan Advertising Association (PAA) hosted a road show for ADASIA 2005 to be held in Suntec, Singapore from November 20-23. Jamshed Qureshi, Chairman, AFAA Affairs Pakistan Advertising Association, introduced ADASIA 2005 Organising Committee Vice Chair
Published 22 Sep, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 21, 2005).

Published 22 Sep, 2005 12:00am
KCA approaches TCP for acquiring godowns

KCA approaches TCP for acquiring godowns

The Karachi Cotton Association has negotiated with the TCP for acquiring storage space on rental basis at their premises located at No 1, Industrial Area, Korangi, Karachi, a KCA release said on Wednesday.
Published 22 Sep, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 21, 2005).

Published 22 Sep, 2005 12:00am
Town Nazim slot: ARD announces unanimous candidate for Potohar

Town Nazim slot: ARD announces unanimous candidate for Potohar

Alliance for Restoration of Democracy (ARD) has declared Numberdar Mukhtar Abbas as unanimous candidate for the Potohar Town Nazim slot and all the components of the alliance have assured full support to Mukhtar in the election.
Published 22 Sep, 2005 12:00am
Four more retreat from Karachi Nazim contest

Four more retreat from Karachi Nazim contest

Six candidates were left in the run to contest City Nazim Karachi election, as four nomination papers were withdrawn on Wednesday, the last for the purpose.
Published 22 Sep, 2005 12:00am
'Sporting Sketches' hits bookstalls

'Sporting Sketches' hits bookstalls

The second book of senior journalist and writer Latif Jafri titled "Sporting Sketches" hit the book stands on Wednesday. The 150-page publication published by Ferozesons contains sketches of 40 leading sport personalities belonging to cricket, hockey, squ
Published 22 Sep, 2005 12:00am
Inter-provincial car-lifters gang busted

Inter-provincial car-lifters gang busted

Anti-Car Lifting Cell (ACLC) of Capital City Police Karachi, busted an inter-provincial car-lifting gang along with stolen vehicles. ACLC (Operations) Superintendent Saqib Ismail stated this at a news conference here on Wednesday. The gang was exploiting
Published 22 Sep, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (September 21, 2005).

Published 22 Sep, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Wednesday (September 21, 2005).

Published 22 Sep, 2005 12:00am
DCOs and EDOs directed to conduct survey

DCOs and EDOs directed to conduct survey

Relief Commissioner Punjab, Safdar Javed Syed, has directed the District Co-ordination Officers and Executive District Officers (Revenue) in the flood hit districts, to conduct a survey to assess damage to houses in their respective districts and submit a
Published 22 Sep, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Sep, 2005 12:00am