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May 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-05-26
Ethical business

Ethical business

The question "Why do we start businesses" can simply be answered, by the majority of the business class in the words "to earn profits". And the goal can be achieved through proper strategies and all these business strategies are directly linked to the soc
Published 26 May, 2006 12:00am
Non-supply of water

Non-supply of water

We, the residents (Bungalows Nos. D-60 to D-70) of Block-H, Allama Rasheed Turabi Road, North Nazimabad, wish to draw the attention of the authorities to the fact that we are not getting water for the last one month without any response from KWSB's offici
Published 26 May, 2006 12:00am
Foot '&' mouth disease

Foot '&' mouth disease

A few years ago, maybe a couple or so, there was an outbreak of Foot '&' Mouth disease (dubbed 'Mad Cow' disease) amongst cattle, the four-legged kind, mainly in Europe.
Published 26 May, 2006 12:00am
Nuclear renaissance gathers pace in Kazakh steppe

Nuclear renaissance gathers pace in Kazakh steppe

The wind whistles through the empty shell of a Soviet-era building that towers above a southern desert in Kazakhstan. Its construction in the 1980s was the first step in the Soviet Union's secret plan to build a new uranium mining city in the middle of th
Published 26 May, 2006 12:00am
To file or not to file tax return?

To file or not to file tax return?

The rule of law and equality before the law are hallmarks of civilised societies. Laws in money matters are aimed at, inter alia, providing a fiscal balance in the society as well as funds for development of a nation as a whole. Tax laws should be effecti
Published 26 May, 2006 12:00am
Siachen stalemate

Siachen stalemate

The latest round of Pakistan-India talks on demilitarisation of the Siachen glacier concluded in Delhi on Wednesday, as apprehended by many analysts, on a deadlock.
Published 26 May, 2006 12:00am
Pakistan Steel hauled to court

Pakistan Steel hauled to court

The Supreme Court last Tuesday blocked the handing over of Pakistan Steel to a consortium of Ukrainian/Saudi/Pakistani group. The highest court in the land will now ascertain whether the process of privatisation was as per law and rules.
Published 26 May, 2006 12:00am
Pakola milk demand growing

Pakola milk demand growing

Pakistan is the 5tb largest producer of Milk in the world. However, only 7% of the milk is packaged while the balance is soul in un-packaged form by Milk vendors and shops.
Published 26 May, 2006 12:00am
Soomro condoles

Soomro condoles

Chairman Senate Mohammedmian Soomro has expressed deep sense of shock and grief over the demise of Muhammad Safdar Khan, uncle of Senator Anisa Zeb Tahirkheli, Minister of State for Education.
Published 26 May, 2006 12:00am
Mobile operators told to maintain customers' record

Mobile operators told to maintain customers' record

Pakistan Telecommunication Authority (PTA) has directed all cellular mobile operators to maintain proper record of mobile phone users and follow all formal requirements while issuing new connections. The PTA has issued this directive in the wake of some c
Published 26 May, 2006 12:00am
UAE to reconstruct 400-bed hospital in Muzaffarabad

UAE to reconstruct 400-bed hospital in Muzaffarabad

The brotherly country of United Arab Emirates (UAE) will reconstruct the destroyed 400-bed CMH with the cost of 16 million dollars. This was told by the visiting representative of the UAE Government Juma Mubarak Aljunaibi in an interview with APP during h
Published 26 May, 2006 12:00am
UK High Commission launches SSP for Pakistani students

UK High Commission launches SSP for Pakistani students

The UK High Commission has launched Students Support Programme (SSP) for Pakistani students so that they could attain quality education with maximum ease. Alex Pond, Director UK Visa, announced this while addressing the LCCI members, here on Thursday.
Published 26 May, 2006 12:00am
KCCI acting president

KCCI acting president

Senior Vice President, Karachi Chamber of Commerce & Industry, Abdul Majeed Memon would act as President in the absence of President Haroon Farooki, who has left for India, said a KCCI announcement here on Thursday.
Published 26 May, 2006 12:00am
RCCI flays rise in gas prices

RCCI flays rise in gas prices

The Rawalpindi Chamber of Commerce and Industry (RCCI) has strongly condemned the increase in gas prices saying that at a time when the utility prices were already touching the skies, the decision would hamper the momentum of economic growth.
Published 26 May, 2006 12:00am
Social development: moot of Asian ministers from today

Social development: moot of Asian ministers from today

The United Nations Educational Scientific and Cultural Organisation (Unesco) in collaboration with the government of Pakistan has arranged a two day meeting of Ministers of Social Development from Asia here on Friday on the subject of "Public Accountabili
Published 26 May, 2006 12:00am
Expert's decision on Baglihar dam soon: foreign office

Expert's decision on Baglihar dam soon: foreign office

Foreign office spokesperson Tasneem Aslam on Thursday expressed the hope that expert's decision on Baglihar dam issue may come soon. The neutral expert has called both the parties after going through the process and a decision to this affect may come soon
Published 26 May, 2006 12:00am
Manmohan's statement welcomed

Manmohan's statement welcomed

Pakistan on Wednesday termed statement of Indian Prime Minister Dr Manmohan Singh in which he asked Indian troops not to commit human rights abuses against Kashmiri people, as positive and forward looking.
Published 26 May, 2006 12:00am
Pakistani media playing balanced role: UK professor

Pakistani media playing balanced role: UK professor

Professor Ivon Gabor, research Professor of University of Luton, has said that media in Pakistan is playing a balanced role as it criticises negative moves of the government besides highlighting positive ones.
Published 26 May, 2006 12:00am
Pakistani cultural troupe to perform in Brunei

Pakistani cultural troupe to perform in Brunei

A troupe from Pakistan National Council of the Arts will perform in Brunei from May 25 to 30. The troupe will be headed by Naeem Tahir, a veteran TV and stage artiste whose qualification includes Masters in Drama from Hollywood, California.
Published 26 May, 2006 12:00am
Tributes paid to General Attiqur Rehman

Tributes paid to General Attiqur Rehman

Punjab Governor Lieutenant General Khalid Maqbool (Retd) has said that Pakistan needed brave, intelligent, honest and brilliant statesman like late General Attiqur Rehman to bring desired changes in the society.
Published 26 May, 2006 12:00am
Pakistan and Argentina to expand ties in various fields

Pakistan and Argentina to expand ties in various fields

Minister of State for Foreign Affairs Makhdoom Khusro Bakhtyar and the Deputy Foreign Minister of the Argentina Garcia Moritan in their first ever bilateral political consultations in Buenos Aires on Thursday reaffirmed their strong desire to deepen and b
Published 26 May, 2006 12:00am
ARD endorses charter of democracy

ARD endorses charter of democracy

The component parties of the Alliance for Restoration of Democracy (ARD) on Thursday endorsed the 'charter of democracy' and called for the government exit. The uncontrollable price spiral was at the top of long list of its failures, they said.
Published 26 May, 2006 12:00am
Pakistani psychiatrist to give presentation at Howard

Pakistani psychiatrist to give presentation at Howard

Professor Dr Haroon Rashid Chaudhry has been invited to give a presentation titled "Community Treatment of Chronic Mental Illness in Pakistan" in the Grand Round at Children Hospital, Boston, Howard Medical School.
Published 26 May, 2006 12:00am
Shanghai Mayor assures support for Karachi Master Plan

Shanghai Mayor assures support for Karachi Master Plan

Karachi's City Nazim Syed Mustafa Kamal met Mayor of Shanghai Han Zheng here on Thursday and sought his support for the development of Karachi's master plan, its basic infrastructure, road and train network and solid-waste management system.
Published 26 May, 2006 12:00am
$42 million ADB loan for Fata uplift

$42 million ADB loan for Fata uplift

Asian Development Bank (ADB) has given a dollars 42 million worth loan to Pakistan to help improve the living conditions of the people in Pakistan's Federally Administered Tribal Areas (Fata) by promoting sustainable and productive use of the areas' natur
Published 26 May, 2006 12:00am
IT to be given priority in budget

IT to be given priority in budget

Punjab Minister for Information Technology Abdul Aleem Khan has said that IT sector would be given top most priority in the coming budget and revolutionary steps would be introduced to flourish environment of computer and IT in the society. He stated this
Published 26 May, 2006 12:00am
Rs 233.236 million approved for MoWD projects

Rs 233.236 million approved for MoWD projects

The Ministry of Finance has approved an amount of Rs 233.236 million for the Women Development Ministry's 14 on going development projects for the fiscal year 2006-07.
Published 26 May, 2006 12:00am
Hearing adjourned

Hearing adjourned

A division bench of the Lahore High Court (LHC) on Thursday adjourned till June 14, the proceedings in a petition against private colleges and universities working without affiliation with Higher Education Commission (HEC) as secretary education sought ti
Published 26 May, 2006 12:00am
Directives for ensuring clean drinking water

Directives for ensuring clean drinking water

District Nazim Amer Mahmood has directed the authorities concerned to ensure smooth supply of clean drinking water to the people during the summer season and also redress public complaints regarding contamination in water.
Published 26 May, 2006 12:00am
The Weather

The Weather

The weather report on Thursday (May 25, 2006) and the forecast for Friday (May 26, 2006).
Published 26 May, 2006 12:00am
New York cotton

New York cotton

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

Published 26 May, 2006 12:00am
Monsoon rains likely to be normal

Monsoon rains likely to be normal

Monsoon rains during the current year are expected to be normal, Met Office said on Wednesday. "Although we are in the process of collecting data, but all indications point towards normal rains during the coming monsoon," Forecasting Officer Muhammad Hani
Published 26 May, 2006 12:00am
New York cotton

New York cotton

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

Published 26 May, 2006 12:00am
Access to clean drinking water top priority of Punjab government

Access to clean drinking water top priority of Punjab government

The provincial government has decided to give priority to 'access to clean drinking water', and in this regard maximum resources are being allocated for provision of clean drinking water and introduction of effective sewerage system in various parts of th
Published 26 May, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 25, 2006).

Published 26 May, 2006 12:00am
Verdict reserved

Verdict reserved

The Lahore High Court (LHC) has reserved its verdict in a petition filed by a member of the Lahore High Court Bar Association (LHCBA) challenging the government plan to recruit traffic police officials without adopting proper procedure.
Published 26 May, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 25, 2006).

Published 26 May, 2006 12:00am
UHS syndicate, academic council reconstituted

UHS syndicate, academic council reconstituted

The syndicate and academic council of the University of Health Sciences (UHS), Lahore, have been reconstituted after the lapse of their term in office.
Published 26 May, 2006 12:00am
Key stock and currency market movements at 1700 GMT

Key stock and currency market movements at 1700 GMT

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 26 May, 2006 12:00am
LSE de-lists three companies

LSE de-lists three companies

The Lahore Stock Exchange (LSE) has de-listed Worldcall Communications Ltd; WorldCall Broadband Ltd and Worldcall Multimedia Ltd form its ready board quotations with effect from June 9, 2006 in view of their merger into Worldcall Telecom Ltd.
Published 26 May, 2006 12:00am
PPPP supports strike call

PPPP supports strike call

Pakistan Peoples Party Parliamentarians Karachi chapter on Thursday announced to support strike call on Saturday, May 27, given by religious parties against government's failure in arresting the culprits involved in Nishtar Park bomb blast incident.
Published 26 May, 2006 12:00am
TCP making arrangements for pulses import

TCP making arrangements for pulses import

The Trading Corporation of Pakistan (TCP) is making arrangements for import of pulses etc, announced in a statement of the corporation issued here on Wednesday.
Published 26 May, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (May 25, 2006).

Published 26 May, 2006 12:00am
Ordinance promulgated

Ordinance promulgated

President Pervez Musharraf on Thursday promulgated National Database and Registration Authority (Amendment) Ordinance, 2006.
Published 26 May, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (May 25, 2006) and for Friday (May 26, 2006).
Published 26 May, 2006 12:00am
Ordinance promulgated

Ordinance promulgated

President Pervez Musharraf on Thursday promulgated National Database and Registration Authority (Amendment) Ordinance, 2006.
Published 26 May, 2006 12:00am
Easa extends MOA of PIA Engineering & Maintenance

Easa extends MOA of PIA Engineering & Maintenance

European Aviation Safety Agency (Easa) has extended the Part-145 Maintenance Organisation Approval (MOA) of PIA Engineering & Maintenance till the year 2008. Additionally, Easa has also approved extension in the scope of approval, which now covers Boeing
Published 26 May, 2006 12:00am
SMEs, women entrepreneurs visit SMIDEX-2006

SMEs, women entrepreneurs visit SMIDEX-2006

A group of 12 Small &Medium Enterprises (SME) and women entrepreneurs visited SMIDEX-2006, an SME trade fair in Kula Lumpur, Malaysia. The Pakistani group also attended the SME convention held from May 16 to 18 in Malaysia.
Published 26 May, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (May 25, 2006).

Published 26 May, 2006 12:00am
Ijaz holds meeting with PIA chairman

Ijaz holds meeting with PIA chairman

A delegation headed by Federal Minister for Religious Affairs, Zakat and Ushr, Muhammad Ijaz-ul-Haq visited PIA head office and held meeting with Chairman and CEO PIA, Tariq Kirmani regarding the forthcoming Haj operation arrangements.
Published 26 May, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 25, 2006).

Published 26 May, 2006 12:00am
Pakistani citizen not confined in US consulate: SHC informed

Pakistani citizen not confined in US consulate: SHC informed

Pakistani citizen was neither confined in US consulate general premises in Karachi nor he was maltreated by consulate staff on March 22, 2005, regional security officials of US consulate submitted in their affidavits filed before the Sindh High Court on T
Published 26 May, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 25, 2006).

Published 26 May, 2006 12:00am
Workshop for journalist concludes

Workshop for journalist concludes

A two-day workshop for journalist on "Understanding and Analysing the Budget Document" jointly organised by the Pakistan Press International (PPF) and the Centre for International Private Enterprise (CIPE) concluded here on Thursday.
Published 26 May, 2006 12:00am
70 percent of rural class has no access to quality education

70 percent of rural class has no access to quality education

Around 70 percent of the underprivileged rural-class has no access to the quality education in Pakistan, while the government of Pakistan will take another 30 to 40 years to provide each child with quality education.
Published 26 May, 2006 12:00am
No employee to be terminated

No employee to be terminated

The Minister of Ports and Shipping, Senator Babar Khan Ghauri, on Thursday said, no employee would be terminated or victimised in his ministry.
Published 26 May, 2006 12:00am
THE RUPEE: weak spells on in interbank market

THE RUPEE: weak spells on in interbank market

The rupee shed another two paisa in relation to the dollar in the interbank market on Thursday for buying and selling at 60.18 and 60.20, respectively.
Published 26 May, 2006 12:00am
New shipping policy in budget: Babar

New shipping policy in budget: Babar

The government is going to announce a 'new shipping policy' in budget, which would be more attractive for ship-owners and help grab potential foreign investment for the country.
Published 26 May, 2006 12:00am
THE RUPEE: weak spells on in interbank market

THE RUPEE: weak spells on in interbank market

The rupee shed another two paisa in relation to the dollar in the interbank market on Thursday for buying and selling at 60.18 and 60.20, respectively.
Published 26 May, 2006 12:00am
INTERNATIONAL TENDERS

INTERNATIONAL TENDERS

Export Promotion Bureau has received the following International Tenders from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details of Tenders from the addresses given or from EPB Head Quarters and its Region
Published 26 May, 2006 12:00am
Pakistan and India anti-terror, drugs talks next week

Pakistan and India anti-terror, drugs talks next week

Interior and home secretaries of Pakistan and India would resume their talks on anti-terrorism and drug trafficking in Islamabad, next week. For this purpose, Indian Home Secretary V.K. Duggal will visit Islamabad along with his country's team. Federal In
Published 26 May, 2006 12:00am
Diplomats' role termed significant to raise trade

Diplomats' role termed significant to raise trade

Pakistan is making hectic efforts to increase its share in the global trade, which can easily be boosted with the help of diplomats. The Consumer Trades Association Chairman, Muhammad Haroon Agar, while talking to foreign traders here on Thursday said the
Published 26 May, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (May 25, 2006).

Published 26 May, 2006 12:00am
Bird flu: USAID providing help to upgrade laboratory capacity

Bird flu: USAID providing help to upgrade laboratory capacity

The US Agency for International Development (USAID) is helping upgrade laboratory capacity in Pakistan against bird flu. Referring to the US assistance in South Asia, official American sources made a mention of the May 20 announcement.
Published 26 May, 2006 12:00am
Acting Sindh Governor takes oath

Acting Sindh Governor takes oath

Speaker Sindh Assembly Syed Muzaffar Hussain Shah on Thursday took oath as Acting Governor of Sindh at a ceremony held at Governor House. Muzaffar Shah will act as Governor in the absence of Governor Dr Ishrat-ul-Ibad Khan, who has left for London with fa
Published 26 May, 2006 12:00am
Arbab backed

Arbab backed

Adviser to Sindh Chief Minister for Food and Agriculture, Murtaza Khan Jatoi has announced complete support of Jatoi Group to Chief Minister and PML Sindh President, Dr Arbab Ghulam Rahim. Murtaza Jatoi on Thursday hoped that all differences would be smoo
Published 26 May, 2006 12:00am
Quake rehabilitation: UN panel voices concern over management loopholes

Quake rehabilitation: UN panel voices concern over management loopholes

The members of the UN Secretary-General's High-level Panel on UN System-wide Coherence in the areas of development, humanitarian assistance and environment expressed concern over gaps identified in policies and implementation in transition phase between r
Published 26 May, 2006 12:00am
Education ministry seeks Rs 5 billion for PESR

Education ministry seeks Rs 5 billion for PESR

The Ministry of Education has asked the government for at least Rs five billion allocation for the President Education Sector Reform (PESR) in the next fiscal budget, Business Recorder learnt on Thursday.
Published 26 May, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (May 25, 2006).

Published 26 May, 2006 12:00am
No Saudi ban on Umra with family: minister

No Saudi ban on Umra with family: minister

Minister for Religious Affairs, Zakat and Ushr Muhammad Ijaz-ul-Haq on Thursday said the Saudi government has not imposed ban on the people below age of 40 years who want perform Umra with their families.
Published 26 May, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 May, 2006 12:00am
'Highest-ever proceeds this year to further increase'

'Highest-ever proceeds this year to further increase'

Addressing a meeting of the Board of the Privatisation Commission here on Thursday Zahid Hamid Federal Minister for Privatisation and Investment said that privatisation proceeds had reached an all time high during the current financial year.
Published 26 May, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 May, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 26 May, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (May 25, 2006).

Published 26 May, 2006 12:00am
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