BR100 Decreased By (-0.06%)
BR30 Increased By (1.22%)
KSE100 Decreased By (-0.07%)
KSE30 Decreased By (-0.47%)
AGHA 7.69 Decreased By ▼ -0.05 (-0.65%)
BECO 5.24 Decreased By ▼ -0.05 (-0.95%)
BML 60.22 Increased By ▲ 0.21 (0.35%)
BOP 35.28 Decreased By ▼ -1.18 (-3.24%)
CNERGY 13.13 Increased By ▲ 1.19 (9.97%)
CSIL 6.11 Decreased By ▼ -0.06 (-0.97%)
FCCL 57.97 Increased By ▲ 0.61 (1.06%)
FFL 16.42 Decreased By ▼ -0.16 (-0.97%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.48 Increased By ▲ 0.16 (2.19%)
KOSM 6.04 Decreased By ▼ -0.01 (-0.17%)
LOTCHEM 27.75 Increased By ▲ 0.61 (2.25%)
MLCF 102.98 Increased By ▲ 0.91 (0.89%)
NBP 206.04 Decreased By ▼ -0.31 (-0.15%)
NCPL 62.24 Decreased By ▼ -0.38 (-0.61%)
NPL 71.29 Decreased By ▼ -0.69 (-0.96%)
OGDC 323.78 Increased By ▲ 4.59 (1.44%)
PACE 11.51 Increased By ▲ 0.13 (1.14%)
PAEL 43.90 Increased By ▲ 0.02 (0.05%)
PIBTL 16.68 Decreased By ▼ -0.16 (-0.95%)
PPL 229.47 Increased By ▲ 7.92 (3.57%)
PRL 70.11 Increased By ▲ 6.36 (9.98%)
PTC 72.15 Decreased By ▼ -0.26 (-0.36%)
SSGC 27.11 Decreased By ▼ -0.17 (-0.62%)
TBL 9.86 No Change ▼ 0.00 (0%)
TELE 8.72 Increased By ▲ 0.10 (1.16%)
TPL 22.62 Increased By ▲ 1.94 (9.38%)
TPLP 15.68 Increased By ▲ 0.70 (4.67%)
TREET 24.21 Increased By ▲ 0.11 (0.46%)
TRG 61.13 Decreased By ▼ -2.16 (-3.41%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Archive - 2011-06-05
Egypt seals $3bn IMF accord
Top News

Egypt seals $3bn IMF accord

CAIRO : The International Monetary Fund (IMF) agreed a $3 billion financing deal with Egypt on Sunday and praised the
Published 05 Jun, 2011 02:51pm
India's BPCL plans refinery expansion
Top News

India's BPCL plans refinery expansion

KUALA LUMPUR : India 's Bharat Petroleum Corp plans to add 170,000 barrels per day (bpd) in refining capacity through e
Published 05 Jun, 2011 02:10pm
Protest against China over sea row
Asia

Protest against China over sea row

HANOI : About 300 people marched on the Chinese embassy on Sunday in a rare public protest to condemn what they called
Published 05 Jun, 2011 12:41pm
Bangladesh paralysed by strike
Top News

Bangladesh paralysed by strike

DHAKA: Three small bombs exploded in Bangladesh's capital on Sunday while police clashed with protesters outside Dhaka a
Published 05 Jun, 2011 10:22am
WCCI lauds budget 2011-12
Top News

WCCI lauds budget 2011-12

ISLAMABAD : Women Chamber of Commerce and Industry Islamabad (WCCI) welcomed the fiscal budget and termed it a good effo
Published 05 Jun, 2011 08:59am
PM condemns bomb blast in Peshawar
Top News

PM condemns bomb blast in Peshawar

  ISLAMABAD : Prime Minister Syed Yusuf Raza Gilani has strongly condemned the bomb blast in Peshawar resulting
Published 05 Jun, 2011 12:00am
NDA criticises budget

NDA criticises budget

Convenor national democratic alliance (NDA) and MNA, Nawabzada Khawaja Mohammad Khan Hoti criticised the budget-2011-12 as anti-masses, saying that the inflation will grow after imposition of different surcharge and excise duty on different agriculture in
Published 05 Jun, 2011 12:00am
Various goods removed from zero rating list

Various goods removed from zero rating list

The zero rating has been withdrawn on various goods with effect from June 4, 2011. Experts at Ernst & Young Ford Rhodes Sidat Hyder in its comments on Finance Bill 2011 said that certain goods were subject to tax at zero rate through various notifications
Published 05 Jun, 2011 12:00am
Railways workers laud budget

Railways workers laud budget

Welcoming the proposed 15 percent increase in salaries in budget-2011-12, the government employees' have termed that the budget as people and workers friendly. In this connection, Railways Workers Union (CBA), Peshawar chapter held a demonstration in favo
Published 05 Jun, 2011 12:00am
MoW&P failed to utilise cash to settle borrowings

MoW&P failed to utilise cash to settle borrowings

Auditor General of Pakistan (AGP) claimed that Ministry of Water and Power has kept unnecessary cash and equivalent and not utilised it to settle short-term borrowings in order to minimise its financial cost. According to documents available with Busin
Published 05 Jun, 2011 12:00am
Capital police bust six-member gang, raid two brothels, nab 15

Capital police bust six-member gang, raid two brothels, nab 15

The Capital Police have busted a six member gang involved in theft and raided two brothels, besides nabbing 15 accused for their alleged involvement in different crimes and recovered 4 pistols and 36 bottles of liquor from the detainees.
Published 05 Jun, 2011 12:00am
One percent cut in ST rate a favourable proposal: experts

One percent cut in ST rate a favourable proposal: experts

The proposed reduction in standard rate of sales tax by 1 percent to 16 percent in the Finance Bill 2011 is a favourable proposal from a taxpayer's point of view, experts said. "The standard rate of sales tax was enhanced to 17 percent through the Finance
Published 05 Jun, 2011 12:00am
Social, economic activities: IDB given tax relief on Pakistan operations

Social, economic activities: IDB given tax relief on Pakistan operations

The Finance Bill proposes to grant exemption from tax to any income derived by the Islamic Development Bank from its operations in Pakistan in connection with its social and economic development activities. According to budget briefing 2011-12 compiled by
Published 05 Jun, 2011 12:00am
Iesco power suspension notice

Iesco power suspension notice

According to Iesco spokesman, due to electricity maintenance/development work the Power supply of the areas fall under the following feeders would remain suspended as under: On Sunday (June 5) morning 10am to 4pm, Desto feeder, Desto Lab (Independent).
Published 05 Jun, 2011 12:00am
Various goods removed from zero rating list

Various goods removed from zero rating list

The zero rating has been withdrawn on various goods with effect from June 4, 2011. Experts at Ernst & Young Ford Rhodes Sidat Hyder in its comments on Finance Bill 2011 said that certain goods were subject to tax at zero rate through various notifications
Published 05 Jun, 2011 12:00am
PML-N politically bankrupt, says Manzoor Wattoo

PML-N politically bankrupt, says Manzoor Wattoo

Federal Minister for Kashmir Affairs Mian Manzoor Ahmed Wattoo has said that uncalled for outrageous behaviour of the PML-N during the budget speech in the National Assembly proves that Nawaz league has become politically bankrupt.
Published 05 Jun, 2011 12:00am
Professor Amir elected Society of Surgeons president

Professor Amir elected Society of Surgeons president

Professor Dr Amir Zaman Khan, Dr Hasnain Haider and Dr Ghulam Mustafa Arian have been elected as President, Secretary General and Vice-President of the Society of Surgeons Pakistan, Lahore Chapter, for the 2011-13, respectively. They were elected in the e
Published 05 Jun, 2011 12:00am
Pakistani short film honoured with 'Frank Capra Award'

Pakistani short film honoured with 'Frank Capra Award'

Heal, a short film by Pakistani Director and Writer, Mian Adnan Ahmed has been honoured with Frank Capra Award at this year's Fallbrook Film Festival in US. The film got four international awards in different film festivals last year featuring a unique st
Published 05 Jun, 2011 12:00am
Displeasure expressed over poor performance of TMAs

Displeasure expressed over poor performance of TMAs

DCO Naseem Sadiq expressed his displeasure over the poor performance of TMAs in the district and directed the administrators to improve the control and command system in their respective offices in order to provide every possible relief to the public spee
Published 05 Jun, 2011 12:00am
PML-Q raps senator Tariq for meeting Nawaz

PML-Q raps senator Tariq for meeting Nawaz

Reacting to meeting of PML-Q leaders senator Azeem Tariq, Javed Ali Sahi, Naeem Hussain Chatta and others with PML-N chief Nawaz Sharif at Islamabad on Saturday, Pakistan Muslim League-Q leader Kamil Ali Agha said that the PML-N leader is dreaming of gett
Published 05 Jun, 2011 12:00am
Railways increases platform ticket price to Rs 10

Railways increases platform ticket price to Rs 10

Pakistan Railways has increased price of platform ticket by Rs 5 per ticket (from Rs 5 to Rs 10 per ticket) with effect from Sunday (today). A PR notification said that platform tickets at Karachi Cantt, Hyderabad, Rohri, Multan, Faisalabad, Rawalpindi, P
Published 05 Jun, 2011 12:00am
Private pensioners demand raise

Private pensioners demand raise

The Private Pensioners Association Chairman Khalil-ur-Rehamn has demanded of the government to increase the pension of private sector retired employees under the Old Age Benefit.
Published 05 Jun, 2011 12:00am
BISP a concrete step towards poverty alleviation: Farzana

BISP a concrete step towards poverty alleviation: Farzana

Chairperson Benazir Income Support Programme (BISP), Farzana Raja, has said that PML-N is doing the politics of confrontation for the sake of mere publicity and thus, such behaviour is not in the good interest of the nation, says a press release issued he
Published 05 Jun, 2011 12:00am
Restoration of telephones lines: LCCI appreciates PTCL prompt action

Restoration of telephones lines: LCCI appreciates PTCL prompt action

The Lahore Chamber of Commerce and Industry (LCCI) has appreciated the Pakistan Telecommunication Company Limited (PTCL) prompt action in Badami Bagh Auto Market regarding restoration of hundreds of telephone lines went silent due to digging by Traffic En
Published 05 Jun, 2011 12:00am
National Tuberculosis Control Programme faces challenges

National Tuberculosis Control Programme faces challenges

Despite provision of free of cost treatment facilities at around 1,056 Tuberculosis (TB) diagnosing and treatment centres operating across the country, desired results to check spread of TB could not be achieved due to increase in poverty level and failur
Published 05 Jun, 2011 12:00am
Technical collaboration: PEF to benefit from international NGOs

Technical collaboration: PEF to benefit from international NGOs

Punjab Education Foundation (PEF) will get benefit from the technical collaboration of the International NGOs working in the field of Child Rights so as to promote child friendly schooling in its about 2500 partner schools in Punjab.
Published 05 Jun, 2011 12:00am
Foton Transport Company team meets Shahbaz

Foton Transport Company team meets Shahbaz

A delegation led by Chief Executive Officer of Foton Transport Company Beijing, Perry T. Blackerby called on Punjab Chief Minister Muhammad Shahbaz Sharif here on Saturday and discussed with him regarding co-operation in transport sector. Chairman Transpo
Published 05 Jun, 2011 12:00am
World Environment Day to be observed today

World Environment Day to be observed today

The World Environment Day (WED) is celebrated on the June 5 (today) and this year's theme is "Forest: Nature at your service". The World Environment Day aims to create awareness, through different activities like seminars and walks, on sustainable use of
Published 05 Jun, 2011 12:00am
School blown up in Khyber Agency

School blown up in Khyber Agency

Unidentified miscreants blew up another school in Bara Tehsil of Khyber Agency with explosive material on Saturday taking the total number of destroyed schools to 42 in the last two years. The political authorities of Khyber Agency confirmed that unknown
Published 05 Jun, 2011 12:00am
Police directed to improve security in capital

Police directed to improve security in capital

Federal Minister for Interior, Rehman Malik has directed the Police and Islamabad Capital Territory (ICT) Administration to take appropriate measures to improve security of the federal capital in general and red zone in particular.
Published 05 Jun, 2011 12:00am
Serena Hotel receives ISO 14001 certification

Serena Hotel receives ISO 14001 certification

The Islamabad Serena Hotel has received the certificate of approval from DAS Certification, UK accredited by United Kingdom Accreditation Services (UKAS) for its environmental management system (BS EN ISO 14001) in compliance with British Standard (BS), E
Published 05 Jun, 2011 12:00am
Steps afoot to preserve greenery, bio-diversity in Capital

Steps afoot to preserve greenery, bio-diversity in Capital

Chairman Capital Development Authority (CDA), Imtiaz Inayat Elahi Saturday said that concrete steps are being taken to increase greenery and preserve the rich bio-diversity of Margalla Hills National Park. Talking to media persons here at a ceremony organ
Published 05 Jun, 2011 12:00am
SHID extends agriculture inputs to flood-hit farmers

SHID extends agriculture inputs to flood-hit farmers

The society for human and institutional development (SHID) has extended agriculture inputs and fertilisers to floods affected farmers in district Charssada. More than, 600 flood affected growers belonging to Agra, Mirza Dher and Tarnab farm took benefit f
Published 05 Jun, 2011 12:00am
PTDC starts Pindi-Naran bus service

PTDC starts Pindi-Naran bus service

PTDC has started daily Bus Service between Rawalpindi and Naran with a view to promote domestic tourism in the country, says a press release received here on Saturday. Mir Shahjahan Khetran, Managing Director PTDC while inaugurating the Bus Service, said
Published 05 Jun, 2011 12:00am
Community policing of Islamabad pays dividends

Community policing of Islamabad pays dividends

The concept of community policing adopted by Islamabad Police has started paying dividends as Capital Police during the current week have busted 19 gangs of criminals involved in car snatching, drug pushing, robbery, bootlegging, possession of illegal arm
Published 05 Jun, 2011 12:00am
Khyber Pakhtunkhwa minister for more Anti-Terrorist Courts in province

Khyber Pakhtunkhwa minister for more Anti-Terrorist Courts in province

Khyber Pakhtunkhwa Minister for Information, Mian Iftikhar Hussein has said the number of Anti-Terrorism Courts should be increased in the province as presently only three such courts are functioning in the province. He was briefing the media after 36th m
Published 05 Jun, 2011 12:00am
PML-Q senators meet Nawaz

PML-Q senators meet Nawaz

Pakistan Muslim League (Quaid-e-Azam) senators Tariq Azim, Naeem Hussain Chattha and Javed Ali Shah on Saturday met with PML-N chief Nawaz Sharif here and enquired about his well-being. The overall political situation of the country was also discussed on
Published 05 Jun, 2011 12:00am
Sharif's balancing act

Sharif's balancing act

Having flirted for some days with the idea of launching a 'revolution' Nawaz Sharif seems to be heading back to his party's time-tested mode of keeping political fight with the federal government to the confines of parliament.
Published 05 Jun, 2011 12:00am
Siachen stalemate

Siachen stalemate

Despite positive atmospherics and cordial talks permeating the recently concluded Pak-India talks on Siachen there was no substantial progress towards the perceived desire of both sides to demilitarise the icy heights - because the Indian army doesn't wan
Published 05 Jun, 2011 12:00am
Rangers' helicopter crash

Rangers' helicopter crash

The demise of Punjab Rangers Director General Major General Mohammad Nawaz along with his aide-de-camp and son Captain Asif Nawaz, pilot Lieutenant Colonel Amir Abbas and technician Subedar Ibadullah in a helicopter crash comes as a big jolt amid high pro
Published 05 Jun, 2011 12:00am
The omnipotence of money

The omnipotence of money

The budget is upon us and the financial wizards have spoken on the development budget as being of Rs 730 billion. Impressive. That is for sure. Inflation was not mentioned. The effort is laudable to clear the backlog and to start and initiate new projects
Published 05 Jun, 2011 12:00am
How to fix economy

How to fix economy

Ask the economic managers of the government, the opposition and independent economic observers, there seems an unqualified consensus that with a budget deficit of around 6-7% of GDP, 14% inflation, a dismal rate of 2.4 % growth, unprecedented high rate of
Published 05 Jun, 2011 12:00am
HMC plan to manufacture machinery for power plants

HMC plan to manufacture machinery for power plants

The Executive Committee of the National Economic Council (Ecnec) has approved, in its meeting held on May 26, plan for the undertaking balancing, modernisation, rehabilitation and expansion (BMRE) of the Heavy Mechanical Complex (HMC) at Taxila. The schem
Published 05 Jun, 2011 12:00am
Creating a rift between army and politicians

Creating a rift between army and politicians

This headline appeared in newspapers. "No evidence that Pakistan leaders knew where OBL was: US". 'Pakistan leaders' means political leaders. If we read in between the lines, it looks as if the Americans are telling us that the Pak army knew about the whe
Published 05 Jun, 2011 12:00am
An appeal to Iran govt

An appeal to Iran govt

The visiting governor of Khurasan Rezavi province of Iran, Dr Mehmood Sallai, in Lahore has presented research work carried out by his province on producing electricity from coal to Punjab as a gift from his province (May 31).
Published 05 Jun, 2011 12:00am
Livestock department may get Rs 1.5 billion in budget

Livestock department may get Rs 1.5 billion in budget

The Livestock and Dairy Development Department Punjab (LDDDP) may get a sum of Rs 1.5 billion for its Annual Development Programme (ADP) in the budget for the year 2011-12 to work on different interventions for enhancing milk and meat production in the pr
Published 05 Jun, 2011 12:00am
Budget termed balanced document

Budget termed balanced document

The budget for the year 2011-12 is a balanced document reflective of public aspirations. MNA Chaudhry Tassaduq Masood Khan said this in a telephonic conversation with newsmen on Saturday. He said increase in salaries and pensions despite the financial cru
Published 05 Jun, 2011 12:00am
JUI Sindh rejects budget

JUI Sindh rejects budget

Leaders of Jamiat Ulema-e-Islam (JUI) Sindh chapter have rejected the Federal Budget for new fiscal year 2011-12 and said that it is not according to the desires of public. In a joint statement issued on Saturday, Secretary General JUI Sindh Senator Dr Kh
Published 05 Jun, 2011 12:00am
World Environment Day today

World Environment Day today

World Environment Day will be observed across Pakistan, like other parts of the globe, on Sunday aiming at creating awareness about environmental issues. Various activities have been planned by the ministry of environment in collaboration with public and
Published 05 Jun, 2011 12:00am
MCCI terms budget as business-friendly

MCCI terms budget as business-friendly

The Multan Chamber of Commerce and Industry (MCCI) has termed the budget as business-friendly in the current investment climate and with the hope that all the lacunae in the budget proposals would be discussed with the Finance Minister. Briefing media men
Published 05 Jun, 2011 12:00am
MoF officials avoid replies to questions

MoF officials avoid replies to questions

Finance Ministry undermined the proceedings of the post budget press conference on Saturday by barring economic reporters from asking questions to the Finance Minister Dr Abdul Hafeez Sheikh. High ups of the Finance Ministry avoided reply to a question th
Published 05 Jun, 2011 12:00am
SCCI terms budget a good effort

SCCI terms budget a good effort

Sukkur Chamber of Commerce and Industry (SCCI) has welcomed the budget and termed it a good effort of the government to give relief to masses in the current financial crunch.
Published 05 Jun, 2011 12:00am
Business community gives mix reaction to budget

Business community gives mix reaction to budget

President Hyderabad Chamber of Commerce & Industry (HCCI) Goharullah, while commenting on Budget 2011-12, said that this budget is good for government servants. However, he said that budget policies should have been clearer for the benefit of industries a
Published 05 Jun, 2011 12:00am
Women parliamentarians term budget pro-poor

Women parliamentarians term budget pro-poor

Women parliamentarians on Saturday hailed the budget for fiscal year 2011-12 and termed it as an effort to give relief to the poor. Talking to APP, Chairperson of National Assembly Standing Committee on Social Welfare and Special Education Rubina Saadat Q
Published 05 Jun, 2011 12:00am
Budget to keep status quo for major listed sectors: analysts

Budget to keep status quo for major listed sectors: analysts

The new budget would be maintaining the status quo with a neutral, or neutral to positive, impact on major listed sectors, analysts said. In a post-budget research paper, analysts' team of Topline Securities suggested neutral impact of the budget on the s
Published 05 Jun, 2011 12:00am
History-maker Li wins French Open

History-maker Li wins French Open

Li Na made sporting history at the French Open on Saturday when she became the first player from China and from Asia to win a Grand Slam singles title. The 29-year-old from Wuhan defeated defending champion Francesca Schiavone of Italy 6-4, 7-6 (7/0) to t
Published 05 Jun, 2011 12:00am
Wahab Riaz set to play county cricket

Wahab Riaz set to play county cricket

The Pakistan Cricket Board (PCB) has issued a No Objection Certificate (NOC) to fast bowler Wahab Riaz for playing English county cricket and Sri Lankan League. According to a private news channel on Saturday, Wahab made a contract with English county cri
Published 05 Jun, 2011 12:00am
Suspended spinner Shillingford cleared for return

Suspended spinner Shillingford cleared for return

Suspended off-spinner Shane Shillingford has been cleared to return to international cricket, the West Indies Cricket Board said on Saturday. The International Cricket Council (ICC) ruled in December that Shillingford's bowling action was "illegal" and su
Published 05 Jun, 2011 12:00am
Gary Kirsten to coach home, Allan Donald to assist

Gary Kirsten to coach home, Allan Donald to assist

Former South African player Gary Kirsten is all set to become the new coach of the South African team with former teammate Allan Donald to assist him. According to the reports, Cricket South Africa (CSA) would make a formal announcement on Monday ending t
Published 05 Jun, 2011 12:00am
India beat West Indies

India beat West Indies

India withstood a late charge from rookie Christopher Barnwell to collect their maiden Twenty20 International victory over West Indies by 16 runs at Queen's Park Oval here on Saturday. The Indians successfully defended a target of 160, but Barnwell gave t
Published 05 Jun, 2011 12:00am
Dilshan leads Sri Lanka's resistance

Dilshan leads Sri Lanka's resistance

Sri Lanka captain Tillakaratne Dilshan helped deny England a breakthrough as the tourists tried to put their series-opening batting collapse behind them at Lord's. Sri Lanka were 231 for one in reply to England's first innings 486, a deficit of 255 runs,
Published 05 Jun, 2011 12:00am
Raina rubbishes report of links with bookmaker

Raina rubbishes report of links with bookmaker

India's stand-in cricket captain Suresh Raina has rubbished reports linking him to an alleged bookmaker, saying getting photographed with somebody does not amount to knowing the person. "There are so many people who get clicked with me," remarked Raina. "
Published 05 Jun, 2011 12:00am
Sloppy England snatch Swiss draw

Sloppy England snatch Swiss draw

England fought back to snatch a 2-2 draw in their Euro 2012 qualifier with Switzerland here Saturday after two goalkeeping errors from Joe Hart threatened to send Fabio Capello's side spinning to defeat. A Frank Lampard penalty and a second-half strike fr
Published 05 Jun, 2011 12:00am
House-job doctors to get salary raise: Qaim

House-job doctors to get salary raise: Qaim

Sindh Chief Minister, Syed Qaim Ali Shah in a pre-emptive measure has announced lucrative incentives for the doctors associated with Government of Sindh. "It has been decided to raise the salary of house job doctors from present rupees 12,000 per month to
Published 05 Jun, 2011 12:00am
Body constituted to probe grenade attack incident

Body constituted to probe grenade attack incident

Sindh police on Saturday constituted an investigation committee over the grenade attack that left 11 persons injured on late Friday night. A team headed by SP Saddar Town would probe the matter. Meanwhile, a FIR 225/11 was registered by Kharadar police ag
Published 05 Jun, 2011 12:00am
49 prisoners suffering from HIV/AIDS

49 prisoners suffering from HIV/AIDS

Around 49 prisoners out of 987 prisoners in Karachi prisons are suffering from HIV/AIDS, according to a recent report released by Sindh AIDS Control Programme (SACP). A team of SACP experts initiated screening of prisoners at Central Jail (Prison), Malir
Published 05 Jun, 2011 12:00am
KTBA petition seeks independence of judiciary

KTBA petition seeks independence of judiciary

The Karachi Tax Bar Association (KTBA) has filed a petition in Sindh High Court to secure independence of judiciary. The petition, filed under Article 199 of the Constitution of Pakistan, seeks declaration from the Sindh High Court that the executive shou
Published 05 Jun, 2011 12:00am
HCCI delegation holds meeting with agricultural minister

HCCI delegation holds meeting with agricultural minister

A four-member delegation of Hyderabad Chamber of Commerce & Industry having Dr M.Fareed Qasim, Saleem Arain, Zaheer Jan and Naeem Aslam visited Mirpurkhas Mango Exhibition. They also held a meeting with the honourable Agriculture Minister Syed Ali Nawaz S
Published 05 Jun, 2011 12:00am
Plgmea lauds continuation of sales tax exemption on five export sectors

Plgmea lauds continuation of sales tax exemption on five export sectors

Fawad Ijaz Khan Chairman Pakistan Leather Garments Manufacturers & Exporters Association (PLGMEA) has welcomed the continuation of Sales Tax exemption on raw material purchases of registered persons of five export sectors. The apprehension of the Leather
Published 05 Jun, 2011 12:00am
Commodities suffer choppy week amid US economic gloom

Commodities suffer choppy week amid US economic gloom

Commodity prices faced choppy trade last week, hit by spreading concern that the United States economy has run into serious trouble after publication of a dismal payrolls report. "It has been a very volatile week with choppy trading conditions across the
Published 05 Jun, 2011 12:00am
Tocom rubber seen at 395 yen/kg by end-June

Tocom rubber seen at 395 yen/kg by end-June

Tokyo rubber futures were expected to be steady below the 400 yen level during the months of June and July, supported by limited supply at a time when demand is likely to remain strong, a Reuters poll showed on Wednesday.
Published 05 Jun, 2011 12:00am
Argentine farmers hoard soya, bet on higher prices

Argentine farmers hoard soya, bet on higher prices

Argentina's 2010/11 soy harvest is almost finished, but growers are hoarding millions of tonnes of beans on their farms, gambling that sizzling global prices will climb even higher. Healthy profit margins this year and a bumper harvest estimated at close
Published 05 Jun, 2011 12:00am
Czarnikow sees 10.3 million tonnes of sugar surplus

Czarnikow sees 10.3 million tonnes of sugar surplus

Czarnikow on Friday forecast a global sugar surplus of 10.3 million tonnes in 2011/12 as growers increase plantings to take advantage of high prices, after a small deficit of 0.5 million tonnes in 2010/11. Global sugar production is forecast to rise 14.2
Published 05 Jun, 2011 12:00am
China 2011 cotton planting area seen up

China 2011 cotton planting area seen up

China's cotton planting area this year is expected to rise 6.6 percent from 2010, said China Cotton Association on Thursday. Total cotton area is estimated at 5.472 million hectares, said the association in a statement published on its website, adding tha
Published 05 Jun, 2011 12:00am
US gold gains near highest in a month

US gold gains near highest in a month

Gold rose to near its highest in a month on Friday, boosted by a weak US labour report that illustrated the fragile state of the economic recovery, likely keeping rates low and the dollar weak for awhile. Bullion jumped, while stocks and oil fell, in the
Published 05 Jun, 2011 12:00am
Copper moves up

Copper moves up

Copper ended Friday up 2 percent, after surprisingly weak US employment data slammed the dollar and raised prospects for a sustained lower interest rate environment and another round of quantitative easing. Despite the positive finish, copper prices faile
Published 05 Jun, 2011 12:00am
Premiums rise

Premiums rise

US copper premiums crept higher this week, buoyed by rising shipping costs and a lack of available scrap metal, an issue that could keep primary cathode premiums on the rise in the months ahead. "Premiums are moving slightly up because the freight rates a
Published 05 Jun, 2011 12:00am
Asian rice: Thai prices gain on fresh demand; rising supply weighs

Asian rice: Thai prices gain on fresh demand; rising supply weighs

Fresh demand from Africa and the Middle East helped support Thai rice prices this week, but rising supply capped gains, traders said on Wednesday. The benchmark 100 percent B grade Thai white rice was offered at $500 per tonne, up from $490 last week, the
Published 05 Jun, 2011 12:00am
US corn sinks, soya up

US corn sinks, soya up

US corn futures fell 1.6 percent on Friday as improved planting weather in the eastern Midwest eased some concerns about declining production and on spillover pressure from sinking crude oil and equity markets after a dismal jobs report.
Published 05 Jun, 2011 12:00am
Troops crush Burkina army mutiny, seven dead

Troops crush Burkina army mutiny, seven dead

Seven people were killed and 33 injured when government troops crushed a mutiny in a military camp in Bobo Dioulasso, 350 km from the Burkina Faso capital, officials said on Saturday. Soldiers loyal to Burkina President Blaise Compaore were ordered to att
Published 05 Jun, 2011 12:00am
Four Nato troops killed by bomb in eastern Afghanistan

Four Nato troops killed by bomb in eastern Afghanistan

Four service members from the Nato-led International Security Assistance Force (ISAF) were killed by a roadside bomb in eastern Afghanistan on Saturday, the force said, continuing a trend of rising violence in recent weeks. ISAF gave no other details abou
Published 05 Jun, 2011 12:00am
Thousands in Hong Kong mark Tiananmen crackdown

Thousands in Hong Kong mark Tiananmen crackdown

Tens of thousands of people in Hong Kong on Saturday marked the bloody 1989 Tiananmen Square crackdown, as China defies world condemnation with an ongoing roundup of political dissidents. A sea of people, mostly clad in black as a sign of mourning, held u
Published 05 Jun, 2011 12:00am
China dismisses US call on Tiananmen anniversary

China dismisses US call on Tiananmen anniversary

China dismissed a US call for it to free dissidents and fully account for the victims of the bloody Tiananmen crackdown, on the anniversary of the crushing of the pro-democracy uprising 22 years ago. The date on which troops shot their way into central Be
Published 05 Jun, 2011 12:00am
Afghan university bomb kills two

Afghan university bomb kills two

A bomb blast at an Afghan university killed two students on Saturday in Kandahar, one of the most troubled places in Afghanistan, police said. One of the dead was also secretary to the police chief of Kandahar province. "The blast took place near the engi
Published 05 Jun, 2011 12:00am
Syrian forces killed 70 protesters

Syrian forces killed 70 protesters

Syrian forces killed at least 70 protesters on Friday, activists said, one of the bloodiest days since the start of an 11-week revolt against the authoritarian rule of President Bashar al-Assad. Tens of thousands of protesters took to the streets on Frida
Published 05 Jun, 2011 12:00am
Indian anti-graft yoga guru begins fast to death

Indian anti-graft yoga guru begins fast to death

India's most famous yoga guru began a mass fast to the death on Saturday to demand reforms including the death penalty for corrupt officials in an anti-graft campaign that has undermined an embattled and scandal-tainted Prime Minister Manmohan Singh.
Published 05 Jun, 2011 12:00am
Bombers kill 24 at Iraq mosque, hospital

Bombers kill 24 at Iraq mosque, hospital

Bombers killed 24 people in attacks on a mosque in central Iraq frequented by provincial officials and later at a hospital where the victims were being treated, officials said on Saturday. The attacks came a day after a spate of co-ordinated bombings in w
Published 05 Jun, 2011 12:00am
Iran marks 22nd anniversary of Ayatollah Khomeini

Iran marks 22nd anniversary of Ayatollah Khomeini

Iran on Saturday commemorated the 22nd anniversary of the death of Grand Ayatollah Ruhollah Khomeini, the founder of the Islamic Republic, at a ceremony in the Khomeini Mausoleum in southern Tehran. Tens of thousands of people as well as high-ranking poli
Published 05 Jun, 2011 12:00am
Former US secretary of state dies

Former US secretary of state dies

Former US secretary of state Lawrence Eagleburger, a career foreign service officer who served briefly as the top diplomat under president George H.W. Bush at the end of the Cold War, died Saturday, officials said. He was 80.
Published 05 Jun, 2011 12:00am
Thousands march in Tel Aviv in favour of Palestinian State

Thousands march in Tel Aviv in favour of Palestinian State

Thousands of Israelis marched Saturday in Tel Aviv in support of the recognition of a Palestinian state, and to show their rejection of Israeli Prime Minister Benjamin Netanyahu speech to the US Congress last week. "Bibi (Benjamin Netnayhu) wake up, it's
Published 05 Jun, 2011 12:00am
Palestinians agree to attend Middle East conference

Palestinians agree to attend Middle East conference

The Palestinians on Saturday accepted a French invitation to attend a conference in`Paris aimed at reviving peace talks with Israel, as their strategy to bypass negotiations and seek UN recognition of a Palestinian state appeared to be`unraveling.
Published 05 Jun, 2011 12:00am
Qantas jumbo forced to return to Singapore

Qantas jumbo forced to return to Singapore

A Qantas jumbo jet was forced to return to Singapore early Saturday when its wheels failed to retract after take-off, the airline said. "Shortly after take-off the crew on Qantas flight (QF) 52 from Singapore to Brisbane noticed that the aircraft's underc
Published 05 Jun, 2011 12:00am
Palestinians storm shut Egypt crossing

Palestinians storm shut Egypt crossing

Egypt shut its border crossing with Gaza on Saturday for the first time since opening it on a routine basis last month, and angry Palestinians stormed the gates in protest, Hamas officials and witnesses said. Palestinian border officials said three buses
Published 05 Jun, 2011 12:00am
British soldier killed in Afghanistan

British soldier killed in Afghanistan

A British soldier was killed by insurgent fire in Afghanistan, the defence ministry said Saturday, bringing to 369 the number of troops from the country to die since Afghan operations started in 2001. The soldier from The Highlanders, 4th Battalion the Ro
Published 05 Jun, 2011 12:00am
US says worried by cyber-attacks; committed to Asia

US says worried by cyber-attacks; committed to Asia

The United States is seriously concerned about cyber-attacks and is prepared to use force against those it considers acts of war, Defence Secretary Robert Gates said at a security meeting in Asia on Saturday. He also assured Asian allies that the United S
Published 05 Jun, 2011 12:00am
Serb dinar no one-way bet despite Mladic arrest

Serb dinar no one-way bet despite Mladic arrest

Serbia's dinar jumped this week after the arrest of Ratko Mladic cleared a key obstacle to the country becoming an EU candidate, but a look at the bloc's other recent joiners suggests the currency is no one-way bet. For starters, the arrest only brought B
Published 05 Jun, 2011 12:00am
Dollar skids on dour jobs data; more losses seen

Dollar skids on dour jobs data; more losses seen

The dollar sank on Friday and is likely to drop further in the week ahead after weak US jobs data added to evidence of a marked economic slowdown. The negative sentiment in the United States contrasted with cautious optimism in the euro zone, with the eur
Published 05 Jun, 2011 12:00am
African currency outlook

African currency outlook

Kenya's shilling may fall to a lifetime low against the dollar next week due to continued central bank buying of dollars and euros, while Ghana's cedi may benefit from foreign interest in its high-yielding debt.
Published 05 Jun, 2011 12:00am
Speculators increase bets against dollar

Speculators increase bets against dollar

Currency speculators boosted bets against the US dollar in the latest week for the first time in four weeks, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net short position rose to $15.73 bi
Published 05 Jun, 2011 12:00am
Canadian dollar slightly weaker

Canadian dollar slightly weaker

The Canadian dollar closed slightly weaker against the US currency on Friday, paring steep early losses, after investors latched on to a report showing a pickup in US services sector growth. The Canadian dollar sank early on to C$0.9852, or $1.0150 - its
Published 05 Jun, 2011 12:00am
Lower money market liquidity pushes up Euribor rates

Lower money market liquidity pushes up Euribor rates

Key euro-priced bank-to-bank lending rates rose on Friday, pushed up by tight money market liquidity, receding Greek debt restructuring fears and the prospect of further European Central Bank rate hikes. The three-month Euribor rate - traditionally the ma
Published 05 Jun, 2011 12:00am
Rouble weakens

Rouble weakens

The rouble weakened on Friday, trimming earlier gains after poor US payroll data sent oil prices down and increased global risk aversion. Versus the dollar, the rouble eased 0.09 percent to 27.94 trading at around 27.87 before the employment data.
Published 05 Jun, 2011 12:00am
Wall Street skids to fifth week of losses

Wall Street skids to fifth week of losses

Wall Street closed out a fifth week of losses with more selling on Friday after an anaemic jobs report strengthened the case that the economy was slowing, though analysts said indexes may stabilise in the near-term. Selling was heavy in the morning follow
Published 05 Jun, 2011 12:00am
ADR Report: China-based stocks fall on rate hike concerns

ADR Report: China-based stocks fall on rate hike concerns

Shares of Chinese companies listed in the United States fell on Friday on concerns that China's central bank could raise interest rates during the upcoming long weekend. Chinese banking shares were the hardest hit due to uncertainties around a plan to res
Published 05 Jun, 2011 12:00am
Sri Lankan stocks recover

Sri Lankan stocks recover

Sri Lanka's stock market edged up on Friday led by heavy retail speculation in Capital Land, while the rupee edged up on heavy dollar selling by both exporters and banks. Sri Lanka's main share index closed 0.41 percent or 30.12 points firmer at 7,406.02,
Published 05 Jun, 2011 12:00am
Treasuries lower

Treasuries lower

A poor jobs report sent Treasury yields lower on Friday, but the coming week could test the rally's strength, as the Treasury Department prepares to auction $66 billion in debt, calling more attention to the approaching legal debt ceiling. The Labour Depa
Published 05 Jun, 2011 12:00am
Treasuries lower

Treasuries lower

A poor jobs report sent Treasury yields lower on Friday, but the coming week could test the rally's strength, as the Treasury Department prepares to auction $66 billion in debt, calling more attention to the approaching legal debt ceiling. The Labour Depa
Published 05 Jun, 2011 12:00am
TMX shareholder vote big hurdle to LSE

TMX shareholder vote big hurdle to LSE

TMX Group Inc faces a giant hurdle to win over shareholders ahead of a vote on London Stock Exchange's $3 billion bid for Canada's market operator, the head of Toronto Dominion Bank said on Friday.
Published 05 Jun, 2011 12:00am
Latam markets: Brazil stocks rise, Slim's America Movil sinks

Latam markets: Brazil stocks rise, Slim's America Movil sinks

Latin American stocks slipped on Friday, with regional heavyweight America Movil slumping to a 15-month low, but equities edged up in Brazil after solid first-quarter growth data. The MSCI Latin American index dipped 0.11 percent, still eking out a nearly
Published 05 Jun, 2011 12:00am
TSX ends flat

TSX ends flat

Toronto's main stock index finished flat on Friday, as dismal US jobs data and a plunge in shares of Sino-Forest Corp offset gains in financial, energy and gold stocks. Materials stocks, which include forestry companies, fell 0.85 percent and played the b
Published 05 Jun, 2011 12:00am
Indian bond yields post biggest weekly fall in a year

Indian bond yields post biggest weekly fall in a year

Indian federal bonds yields posted their biggest weekly decline in a year on Friday as weak economic growth, comments from a finance ministry official and short-covering ahead of the US non-farm payroll data prompted investors to buy debt. Non-farm payrol
Published 05 Jun, 2011 12:00am
Indian bond yields post biggest weekly fall in a year

Indian bond yields post biggest weekly fall in a year

Indian federal bonds yields posted their biggest weekly decline in a year on Friday as weak economic growth, comments from a finance ministry official and short-covering ahead of the US non-farm payroll data prompted investors to buy debt. Non-farm payrol
Published 05 Jun, 2011 12:00am
Turkish markets off lows

Turkish markets off lows

Weak US jobs data gave Turkish bond prices and the lira currency a lift after both had been knocked earlier by data showing Turkey's inflation accelerating more quickly than expected. Several analysts said the sharp increase in the consumer price index in
Published 05 Jun, 2011 12:00am
Morgan Stanley faces tricky Internet IPO pricings

Morgan Stanley faces tricky Internet IPO pricings

Morgan Stanley is the lead underwriter for Groupon's initial public offering, which could be good news for short-term investors and bad news for the online coupon company. So far this year, the major tech company IPOs on which Morgan Stanley has been the
Published 05 Jun, 2011 12:00am
JGBs trim losses

JGBs trim losses

Japanese government bonds trimmed losses on Friday despite a fall in US Treasuries, buoyed ahead of US jobs data by a drop in the Nikkei stock average and repositioning by traders. Superlongs - such as 20 and 30 year bonds - outperformed as players includ
Published 05 Jun, 2011 12:00am
JGBs trim losses

JGBs trim losses

Japanese government bonds trimmed losses on Friday despite a fall in US Treasuries, buoyed ahead of US jobs data by a drop in the Nikkei stock average and repositioning by traders. Superlongs - such as 20 and 30 year bonds - outperformed as players includ
Published 05 Jun, 2011 12:00am
Iraq sees oil output at three million bpd by year-end

Iraq sees oil output at three million bpd by year-end

Iraq expects its oil output to rise to 3 million barrels per day by the end of this year and sees it growing an additional 500,000 to 1 million bpd next year, Deputy Prime Minister Hussain al-Shahristani said on Saturday. Shahristani said Iraq's programme
Published 05 Jun, 2011 12:00am
Ukraine ready for Euro 2012 despite delays

Ukraine ready for Euro 2012 despite delays

One year before it hosts the biggest event in its two decades of independence, Ukraine is finally showing signs it is ready for the European football championships despite delays and a string of scandals. Ukraine has had to build airport terminals, stadiu
Published 05 Jun, 2011 12:00am
Greek workers in new protest against cuts

Greek workers in new protest against cuts

Hundreds of people from Greece's two main private and public sector unions protested in central Athens Saturday to condemn the government's new bailout deal from international lenders. Around 1,500 people marched to the capital's main Syntagma Square, in
Published 05 Jun, 2011 12:00am
Germany has plan for Greece private creditors

Germany has plan for Greece private creditors

The German Finance Ministry has come up with a model for a new aid package for Greece that would include the voluntary participation of private creditors, Welt am Sonntag newspaper reported on Saturday. The newspaper said in an advance excerpt released ah
Published 05 Jun, 2011 12:00am
Rains come to China drought provinces, Wen warns crisis not over

Rains come to China drought provinces, Wen warns crisis not over

China warned several central and southern provinces hit by a months-long dry spell on Saturday to prepare for heavy rain and even floods, though Premier Wen Jiabao said it was too early to call an end to the critical water shortage. Officials have said pa
Published 05 Jun, 2011 12:00am
Three dead in clashes over jobs in Tunisian town

Three dead in clashes over jobs in Tunisian town

Three people were killed and 90 wounded after rival clans clashed over access to jobs in the central Tunisian mining town of Metlaoui, the Interior Ministry said on Saturday. Clan members used home-made bombs, guns and iron bars against each other after a
Published 05 Jun, 2011 12:00am
Japan, Europe and fuel pose economic risks: Obama

Japan, Europe and fuel pose economic risks: Obama

President Barack Obama is pointing to problems in Japan and Europe as challenges for the US economy, placing some blame on events abroad for a domestic recovery that is showing signs of slowing down. Government data released on Friday showed employers in
Published 05 Jun, 2011 12:00am
Toyota's president sees return to full output

Toyota's president sees return to full output

The president of Toyota Motors said on Saturday he expects the automaker to resume full production globally in November and its Japanese output is expected this month to recover to 90 percent of levels seen before a March earthquake. "We are restoring (pr
Published 05 Jun, 2011 12:00am
Mystery deepens over E. coli poisoning

Mystery deepens over E. coli poisoning

An outbreak of killer E. coli that has spread to 12 countries and killed 19 people may be linked to a Hamburg festival in May and could have claimed a 20th victim, reports said on Saturday. German weekly newspaper Focus said authorities were looking close
Published 05 Jun, 2011 12:00am
German restaurant owner baffled by E.coli focus

German restaurant owner baffled by E.coli focus

The proprietor of a German meat-and-potatoes restaurant where a killer E.coli food bug may have struck said on Saturday he was devastated to hear many of his guests were infected by the rare virulent bacteria. "It was like a blow to the head when I heard
Published 05 Jun, 2011 12:00am
SEC asked Goldman, others for more disclosures

SEC asked Goldman, others for more disclosures

Goldman Sachs Group Inc and other banks disclosed estimates of potential losses from legal issues after pressure from US Securities and Exchange Commission staff, according to documents released on Friday. In a letter to Goldman on February 22, Stephanie
Published 05 Jun, 2011 12:00am
J&J ordered to pay $327 million over marketing of drug

J&J ordered to pay $327 million over marketing of drug

A unit of Johnson & was ordered on Friday to pay $327 million in civil penalties to the state of South Carolina over the marketing of its antipsychotic drug Risperdal. J&J's Ortho-McNeil-Janssen Pharmaceuticals unit repeatedly violated state consumer-prot
Published 05 Jun, 2011 12:00am
Egypt former finance minister gets 30 years in absentia

Egypt former finance minister gets 30 years in absentia

Former Egyptian finance minister Yussef Boutros Ghali was on Saturday sentenced to 30 years in prison in absentia on corruption charges, an AFP correspondent said. Judge Magdi Ghoneim of the Cairo criminal court sentenced Ghali to 15 years for squandering
Published 05 Jun, 2011 12:00am
Ivorian cocoa prices mixed, humidity a concern

Ivorian cocoa prices mixed, humidity a concern

Cocoa farmgate prices in Ivory Coast's growing regions were mixed in the past week as high humidity levels and mouldy beans weighed in some regions, while purchases picked up elsewhere, farmers and exporters said. The world's No 1 grower is gradually stab
Published 05 Jun, 2011 12:00am
Algeria expects 4.5 million tonnes of grain harvest

Algeria expects 4.5 million tonnes of grain harvest

Algeria's grain harvest this season is expected to be in line with last year's crop at about 4.5 million tonnes, an agriculture ministry source told Reuters on Wednesday. But there is unusually high pressure on Algerian wheat stocks because large volumes
Published 05 Jun, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 108,709 tonnes of cargo including 70,557 tonnes of import cargo, 38,152 tonnes of export cargo and 5,055 loaded & empty containers during last 24 hours ended at 0700 hours on Saturday. The total import cargo of 70,557 tonnes compr
Published 05 Jun, 2011 12:00am
US wheat futures rise

US wheat futures rise

US wheat futures rose Friday, led by MGEX spring wheat as planting delays and flooding concerns raised concerns about dwindling supplies for the high-protein crop, traders said. A weak dollar lent further support to the market throughout the day.
Published 05 Jun, 2011 12:00am
Brazil's coffee frost risk highest since 2000

Brazil's coffee frost risk highest since 2000

From droughts to floods to hurricanes, commodity traders have been roiled by a record dose of almost every variety of inclement weather under the sun, save one - a coffee-curdling frost in Brazil. But this year, just as global stocks of coffee beans dwind
Published 05 Jun, 2011 12:00am
Wheat export premiums unchanged at US Gulf Coast

Wheat export premiums unchanged at US Gulf Coast

Wheat export premiums at the US Gulf Coast were unchanged on Friday amid muted demand and slow farmer selling, while corn premiums were flat and soybean premiums were steady to firm, traders said. Demand for US soybeans was generally slow, but FOB basis o
Published 05 Jun, 2011 12:00am
Modest business recorded in post-budget session on cotton market

Modest business recorded in post-budget session on cotton market

Modest trade was seen on the cotton market on Saturday during post-budget session, dealers said. The Karachi Cotton Association (KCA) official spot rate retained the overnight level at Rs 8,500, they said. In Sindh and Punjab phutty price of low type was
Published 05 Jun, 2011 12:00am
Oil cake market rates

Oil cake market rates

Both the futures showed no change on the forward cottonseed oilcake market on Saturday in process of trading, dealers said. The July contract that had closed at Rs 1422.70 it opened with no change at the same rate. The December vaida which ended at Rs 131
Published 05 Jun, 2011 12:00am
Grams prices up in post-budget session

Grams prices up in post-budget session

Prices showed modest increase in grams items on the wholesale grain market in post-budget session on Saturday as other commodities retained the overnight levels mostly, dealers said.
Published 05 Jun, 2011 12:00am
Message from Governor Sindh

Message from Governor Sindh

The Environment Day is being observed internationally on the 5th of June, so that the hazards of environmental delegation are highlighted and all stakeholders are stimulated to take steps to rectify the situation.
Published 05 Jun, 2011 12:00am
Message from Chief Minister Sindh

Message from Chief Minister Sindh

The World Environment Day is observed on 5th June every year, to enable all the stakeholders to get together and commit themselves to make Earth, a healthier place to live in. It was on this day that a conference was held in the United Nations on Environm
Published 05 Jun, 2011 12:00am
Environmental challenges in Sindh province

Environmental challenges in Sindh province

Sindh is the third largest province of Pakistan, stretching about 579 km from north to, south and 442 km (extreme) or 281 km (average) from east to west, with an area of 140,915 square kilometers (54,408 sq mi) of Pakistani territory. It has 23 Districts,
Published 05 Jun, 2011 12:00am
Performance matters

Performance matters

Sindh is confronting multiple environmental challenges. Air pollution due to vehicular and industrial emissions; water pollution because of arsenic contamination of ground water and disposal of domestic sewage and industrial effluents into the water bodie
Published 05 Jun, 2011 12:00am
EBM - a company conscious of the environment

EBM - a company conscious of the environment

English Biscuit Manufacturers (Pvt) Ltd, or (EBM), is the country's leading manufacturer of biscuits and cookies since 1967, with an annual sales volume and production capacity in excess of Rs 15 billion and 100,000 tons respectively.
Published 05 Jun, 2011 12:00am
KPT project to conserve mangroves

KPT project to conserve mangroves

The Pakistan's mangrove ecosystems have been degraded over the last 50 years. Ninety nine percent of these forests are found in the Indus Delta where they are facing pressure from reduced fresh water and silt supplies, marine pollution, and overharvesting
Published 05 Jun, 2011 12:00am
Message from President of the Islamic Republic of Pakistan

Message from President of the Islamic Republic of Pakistan

Today, on the occasion of World Environment Day, I congratulate United Nations Environment Programme for adopting the right theme for the year 2011, ie "Forests: Nature at your Service" that underscores the intrinsic link between the quality of life, heal
Published 05 Jun, 2011 12:00am
Message from Prime Minister of Pakistan

Message from Prime Minister of Pakistan

Pakistan is blessed with numerous natural resources and eye catching aesthetic landscapes. Our precious lands from the snow-covered peaks to the beaches provide livelihood and shelter to a nation of 180 million We are a growing economy with high dependenc
Published 05 Jun, 2011 12:00am
Message from Federal Minister for Ports and Shipping

Message from Federal Minister for Ports and Shipping

World Environment Day is observed in many places across the world on the 5th June every year. The day has been singled out to inspire awareness and enhance political attention and action towards the environment. It is an opportunity for many of us living
Published 05 Jun, 2011 12:00am
Message from Secretary Ports & Shipping

Message from Secretary Ports & Shipping

It gives me immense pleasure to know that Karachi Port Trust is celebrating the World Environment Day to impart awareness, regarding mangrove forests protection that will go a very long way to underscore this grim issue. Commemorated every year on 5th Jun
Published 05 Jun, 2011 12:00am
Message from Director General Ports & Shipping

Message from Director General Ports & Shipping

It is an important endeavour on part of KPT in view of the fact that there is a pressing need to keep the public well aware of this issue before it's too late. On World Environment Day, we appeal everyone to sound the alarm for mangroves protection. Get i
Published 05 Jun, 2011 12:00am
Message from Chairperson, KPT

Message from Chairperson, KPT

This year, the theme of World Environment Day is 'Forest: Nature at your Service'. What does this mean to all of us as community member of the global village, wherever our home happens to be? It is surely the opportunity to think about the services provid
Published 05 Jun, 2011 12:00am
Environmental Management Systems of KICT

Environmental Management Systems of KICT

We at KICT are determined to safeguard our employees, customers, members of the public and our environment, against any accidental injury or damage. KICT pursue the following environmental compliance's based on national & international standards: We compl
Published 05 Jun, 2011 12:00am
Environmental Activities at PICT

Environmental Activities at PICT

PICT is an ISO 14001 certified company and is fully committed to serve its valued customers while complying with all the applicable environmental rules and regulations. PICT has its own Environmental Policy which includes prevention programs for pollution
Published 05 Jun, 2011 12:00am
Remedial Dredging in the Eastern Backwaters

Remedial Dredging in the Eastern Backwaters

The World Environment day is an annual event observed all over the world on 5th June to conserve and restore our degrading environment. This year's theme is "Forest: Nature at your Service", which is linked with the declaration of the UN to observe 2011 a
Published 05 Jun, 2011 12:00am
Amazing Mangroves - Save Them!

Amazing Mangroves - Save Them!

Mangrove plants have an amazing ability to remove nitrates, phosphates, and organics. Their ability to remove organics is so dramatic, some people find their protein skimmers less effective than mangroves. As people are looking for more natural look to th
Published 05 Jun, 2011 12:00am
"Pass the salt" - literally!

"Pass the salt" - literally!

Mangroves have developed three systems to protect themselves from salt: exclusion, excretion and concentration. Excluders have special tissues in their roots and lower stems (areas inundated by the tide) which act as a barrier to salt and prevent it from
Published 05 Jun, 2011 12:00am
"Rooted" - again literally!

"Rooted" - again literally!

Mangroves live in shifting environments where tides and floods constantly move the mud in which they live, destabilising the trees. To counter this problem mangroves have developed extensive root systems to keep them firmly rooted in the mud. Some species
Published 05 Jun, 2011 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 05 Jun, 2011 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 05 Jun, 2011 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Saturday (June 04, 2011).

Published 05 Jun, 2011 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Saturday (June 04, 2011).

Published 05 Jun, 2011 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Saturday (June 04, 2011).

Published 05 Jun, 2011 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Saturday (June 04, 2011).

Published 05 Jun, 2011 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (June 04, 2011).

Published 05 Jun, 2011 12:00am
Saudi Arabia brokers new Yemen truce, awaits Saleh

Saudi Arabia brokers new Yemen truce, awaits Saleh

Saudia Arabia brokered a fresh truce in Yemen on Saturday and a Riyadh government source said President Ali Abdullah Saleh was expected to leave the country within hours for medical treatment. "Saleh is expected to come to Saudi Arabia tonight for treatme
Published 05 Jun, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (June 04, 2011).

Published 05 Jun, 2011 12:00am
Saudi Arabia brokers new Yemen truce, awaits Saleh

Saudi Arabia brokers new Yemen truce, awaits Saleh

Saudia Arabia brokered a fresh truce in Yemen on Saturday and a Riyadh government source said President Ali Abdullah Saleh was expected to leave the country within hours for medical treatment. "Saleh is expected to come to Saudi Arabia tonight for treatme
Published 05 Jun, 2011 12:00am
French and UK helicopters hit targets in Brega

French and UK helicopters hit targets in Brega

British and French attack helicopters struck inside Libya for the first time overnight on Saturday, hitting targets in the oil port of Brega as Nato forces stepped up their air war against Muammar Qadhafi. Aircraft of the Nato-led alliance also hit target
Published 05 Jun, 2011 12:00am
French and UK helicopters hit targets in Brega

French and UK helicopters hit targets in Brega

British and French attack helicopters struck inside Libya for the first time overnight on Saturday, hitting targets in the oil port of Brega as Nato forces stepped up their air war against Muammar Qadhafi. Aircraft of the Nato-led alliance also hit target
Published 05 Jun, 2011 12:00am
PNS Mehran attack suspect Kashmiri killed

PNS Mehran attack suspect Kashmiri killed

Ilyas Kashmiri, top al Qaida commander and possible replacement for Osama bin Laden, was killed in an American drone-fired missile strike close to the Afghan border, a fax from the militant group he heads and a Pakistani intelligence official said Saturda
Published 05 Jun, 2011 12:00am
PNS Mehran attack suspect Kashmiri killed

PNS Mehran attack suspect Kashmiri killed

Ilyas Kashmiri, top al Qaida commander and possible replacement for Osama bin Laden, was killed in an American drone-fired missile strike close to the Afghan border, a fax from the militant group he heads and a Pakistani intelligence official said Saturda
Published 05 Jun, 2011 12:00am
THE RUPEE: all-round fall after budget

THE RUPEE: all-round fall after budget

Bears dominated the money market as the dollar touched an important level of 86 in the interbank deals in the post-budget session on Saturday, money experts said. The rupee drifted lower against dollar, shedding 10 paisa for buying and selling at 85.95 an
Published 05 Jun, 2011 12:00am
Rehman confirms killing

Rehman confirms killing

Interior Minister Rehman Malik has confirmed that top al Qaeda commander Ilyas Kashmiri had been killed in a US drone strike, Aaj News said. Kashmiri was the chief of the Harkatul Jihad al-Islami, a group affiliated with al Qaeda, and its offshoot
Published 05 Jun, 2011 12:00am
THE RUPEE: all-round fall after budget

THE RUPEE: all-round fall after budget

Bears dominated the money market as the dollar touched an important level of 86 in the interbank deals in the post-budget session on Saturday, money experts said. The rupee drifted lower against dollar, shedding 10 paisa for buying and selling at 85.95 an
Published 05 Jun, 2011 12:00am
Rehman confirms killing

Rehman confirms killing

Interior Minister Rehman Malik has confirmed that top al Qaeda commander Ilyas Kashmiri had been killed in a US drone strike, Aaj News said. Kashmiri was the chief of the Harkatul Jihad al-Islami, a group affiliated with al Qaeda, and its offshoot
Published 05 Jun, 2011 12:00am
WHT payer's NTN/CNIC must be mentioned in agent's statement

WHT payer's NTN/CNIC must be mentioned in agent's statement

The Federal Board of Revenue (FBR) has made it mandatory for the withholding agents to mention the national tax number (NTN) or computerised national identity card (CNIC) number of the persons against whom the tax has been deducted to ensure compliance by
Published 05 Jun, 2011 12:00am
Previous Day