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May 05, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-01-14
Anti-polio drive to start from January 20

Anti-polio drive to start from January 20

The next 3-day anti-polio national campaign would start from January 20. With a view to finalising the arrangements, a meeting of the District Polio Eradication Committee would be held on January 17, under the chairmanship of DCO Tahir Hussain, in his off
Published 14 Jan, 2004 12:00am
Five PML-N leaders get bail before arrest

Five PML-N leaders get bail before arrest

The Additional District and Sessions Judge, Faisalabad, Malik Mohammed Rafique has confirmed the bail before arrests of five PML (N) local leaders, including an MPA, who were booked in a case under Section 16-MPO by the Kotwali Police.
Published 14 Jan, 2004 12:00am
Expectations of improvement in Pak-India ties to be fulfilled

Expectations of improvement in Pak-India ties to be fulfilled

British Minister for Energy Stephen Timms has hoped the expectations of improvement in Pakistan-Indian relations, generated during the South Asian Association for Regional Co-operation (Saarc) would be fulfilled in the days ahead.
Published 14 Jan, 2004 12:00am
General Hyat assumes 5-Corps command

General Hyat assumes 5-Corps command

Lieutenant General Ahsan Saleem Hyat has assumed the command of 5-Corps. On arrival at the Corps Headquarters, he was presented salute by a smartly turned out guard of honour. Thereafter, the Corps Commander was introduced to the staff officers.
Published 14 Jan, 2004 12:00am
Tata condoles with Liaquat Jatoi

Tata condoles with Liaquat Jatoi

The President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Riaz Ahmed Tata has expressed his deep grief and sorrow on the sad demise of Abdul Hameed Jatoi, father of Liaquat Ali Jatoi, the Federal Minister for Industry and Production
Published 14 Jan, 2004 12:00am
Jamali attends Hameed Jatoi's Soyem

Jamali attends Hameed Jatoi's Soyem

Prime Minister Mir Zafarullah Khan Jamali has said that the late Abdul Hameed Khan Jatoi was a man of principle and added that his death had closed a chapter of pre-and post-partition politics in the area.
Published 14 Jan, 2004 12:00am
Sick unit

Sick unit

If appears that the CIRC has become totally insensitive to public consternation over their lack of progress in completing their assignment.
Published 14 Jan, 2004 12:00am
Textile quota ports exceed visa numbers

Textile quota ports exceed visa numbers

Despite the fact that most of the categories of the textile quotas to the European Union (EU), remained under-utilised the arrival at the ports of entry of member states is higher when compared with the export visas issued by the Export Promotion Bureau (
Published 14 Jan, 2004 12:00am
New machine bodes death for mad cow proteins

New machine bodes death for mad cow proteins

The bodies of dead cattle infected with mad cow disease are usually burned to destroy the misshapen proteins suspected of causing the brain-wasting ailment - although there are doubts whether this is safe, cost-effective or environmentally sound.
Published 14 Jan, 2004 12:00am
Advantages of single member companies

Advantages of single member companies

Now a 'sole proprietorship' can be transformed into a company, after the promulgation of the Single Member Companies, Rules, 2003 by the Securities and Exchange Commission of Pakistan on December 2, 2003, thus stretching the corporatisation phenomenon to
Published 14 Jan, 2004 12:00am
Why discriminate between foreign and local investors?

Why discriminate between foreign and local investors?

The Central Board of Revenue announced its decision the other day to implement the proposal presented by the Finance Minister in his budget speech of 2003-2004, to allow a non-resident or foreign investor the facility to obtain advance ruling from the CBR
Published 14 Jan, 2004 12:00am
Measures for strengthening anti-terrorism law

Measures for strengthening anti-terrorism law

In an important step towards stamping out terrorism, the Federal Cabinet has approved amendments to the Anti-Terrorism Act, 1997, enhancing the minimum as well as maximum punishment for those found to have financed terrorism, also making it a non-bailable
Published 14 Jan, 2004 12:00am
KESC old meters being changed

KESC old meters being changed

The KESC has begun with renewed vigour its campaign to change the electricity meters of the consumers in the city.
Published 14 Jan, 2004 12:00am
Hearing put off

Hearing put off

The Lahore High Court (LHC) on Tuesday adjourned to January 19, the proceedings in some identical petitions filed by kite manufacturers and others against ban on kite flying.
Published 14 Jan, 2004 12:00am
KESC engineers asked to ensure sub-stations safety

KESC engineers asked to ensure sub-stations safety

Brigadier Javed Iqbal, head of Army Monitoring Teams (AMTs) working in aid of the Karachi Electric Supply Corporation (KESC), has directed the power company engineers to adopt necessary safety measures to protect KESC sub-stations from fire accidents.
Published 14 Jan, 2004 12:00am
Delay in issuance of Indian visas to Pakistani businessmen flayed

Delay in issuance of Indian visas to Pakistani businessmen flayed

Chaudhry Zaka Ashraf, former Chairman of Pakistan Sugar Mills Association and sitting Executive Committee Member LCCI, has said that undue delay in the issuance of visas to Pakistani businessmen by the Indian Embassy is causing problems for the business c
Published 14 Jan, 2004 12:00am
LCCI chief calls to encourage local investment

LCCI chief calls to encourage local investment

The number of inspecting agencies, its unending and unscheduled visits to industries, harassing attitude towards investors and high industrial input cost need to be curtailed to encourage local investment, said LCCI President Mian Anjum Nisar.
Published 14 Jan, 2004 12:00am
Askari Bank declares PLS profit rates

Askari Bank declares PLS profit rates

Askari Commercial Bank Limited has declared the following rates of profit on PLS deposits for the period of six months ended on December 31, 2003.
Published 14 Jan, 2004 12:00am
Sufficient wheat stocks available in Punjab

Sufficient wheat stocks available in Punjab

The Punjab government has decided to take stern action against the shopkeepers involved in sale of flour at higher price. In this connection necessary directions have been issued to all the District Co-ordination Officers (DCOs) of the province.
Published 14 Jan, 2004 12:00am
Whereabouts of missing minister still not known

Whereabouts of missing minister still not known

The provincial government and political administration have failed to trace the whereabouts of the missing Punjab minister, Naeemullah Shahani, who had disappeared from Miran Shah, headquarters of North Waziristan Agency, on Saturday.
Published 14 Jan, 2004 12:00am
Call to develop syllabus and curriculum on modern lines

Call to develop syllabus and curriculum on modern lines

Punjab Governor Lieutenant General Khalid Maqbool (Retd) was given a presentation on educational syllabus and curriculum at the Punjab University Mass Communication Department here on Tuesday.
Published 14 Jan, 2004 12:00am
Government decides to broaden scope of CIRC

Government decides to broaden scope of CIRC

Federal government has decided to broaden the scope of Corporate and Industrial Restructuring Corporation (CIRC), and draft amendment already approved by the cabinet in this regard will soon be presented in the parliament for its final approval.
Published 14 Jan, 2004 12:00am
Lahore High Court registrar

Lahore High Court registrar

The Chief Justice of the Lahore High Court has appointed District and Sessions Judge Dost Muhammad Malik as registrar Lahore High Court, who has taken charge of his office.
Published 14 Jan, 2004 12:00am
Lesco's line losses reduce

Lesco's line losses reduce

Line losses of Lahore Electric Supply Company (Lesco) have reduced to 12.2 percent in December 2003, as against 12.06 percent in December 2002.
Published 14 Jan, 2004 12:00am
Lesco chief visits Lahore Stock Exchange

Lesco chief visits Lahore Stock Exchange

Chief Executive Lahore Electricity Supply Company (Lesco) Muhammad Bashir Zahid visited the Lahore Stock Exchange and met with its Chief Executive Officer (CEO) Samir Ahmed here on Tuesday.
Published 14 Jan, 2004 12:00am
Railways to rehabilitate 101 engines by December

Railways to rehabilitate 101 engines by December

Pakistan Railways (PR) will complete the project of rehabilitation of 101 diesel electric engines by the end of current fiscal, while PR has already rehabilitated 100 diesel electric engines.
Published 14 Jan, 2004 12:00am
LHC asks IG to take action against cops

LHC asks IG to take action against cops

The Chief Justice of the Lahore High Court (LHC), while sending a petition to IG Police, Punjab, directed him to take necessary action against the responsible police officials for keeping six persons in illegal detention for about 70 days.
Published 14 Jan, 2004 12:00am
Business Recorder employee robbed of cash

Business Recorder employee robbed of cash

The motor driver with Business Recorder newspaper, Rauf, who drives the Mercedes Benz car in which Chief Editor M.A. Zuberi usually travels, was deprived of cash and other items, including his identity card, by two armed young dacoits, riding a mot
Published 14 Jan, 2004 12:00am
WorldCALL first public issue oversubscribed

WorldCALL first public issue oversubscribed

The WorldCALL Broadband first public issue of Rs 300 million shares was oversubscribed almost six-fold, according to the provisional figures received from their co-arrangers and underwriters.
Published 14 Jan, 2004 12:00am
WorldCALL first public issue oversubscribed

WorldCALL first public issue oversubscribed

The WorldCALL Broadband first public issue of Rs 300 million shares was oversubscribed almost six-fold, according to the provisional figures received from their co-arrangers and underwriters.
Published 14 Jan, 2004 12:00am
EPB dismayed over EDF-aided technical institutes working

EPB dismayed over EDF-aided technical institutes working

The Export Promotion Bureau (EPB) has expressed dismay over the functioning of 21 technical institutes, set up by various exporters associations at a cost of two billion rupees provided from the Export Development Marketing Fund.
Published 14 Jan, 2004 12:00am
Indian cricket board accepts PCB's proposal

Indian cricket board accepts PCB's proposal

The Board of Control for Cricket in India (BCCI) has agreed to Pakistan Cricket Board (PCB)'s proposal of playing test matches in the first half of the forthcoming tour and one-day internationals in the second half.
Published 14 Jan, 2004 12:00am
Faisalabad District Council approves contracts for tax collection

Faisalabad District Council approves contracts for tax collection

The District Council, Faisalabad, has approved the allotment of contracts for receiving the toll tax on different highways under the supervision of district government, and taxes on land, shops and trades of different kinds with a clear-cut majority.
Published 14 Jan, 2004 12:00am
Abrupt power shutdown in Site causes havoc

Abrupt power shutdown in Site causes havoc

Chairman, Site Association of Industry (SAI) M Nisar Shekhani has urged the managing director of Karachi Electric Supply Corporation (KESC) to initiate enquiry against the concerned engineers in KESC as to why they did not inform the Associations at least
Published 14 Jan, 2004 12:00am
INTERNATIONAL TENDERS

INTERNATIONAL TENDERS

Export Promotion Bureau has received the following International Tenders from abroad.
Published 14 Jan, 2004 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad.
Published 14 Jan, 2004 12:00am
GST officials blamed for discouraging traders

GST officials blamed for discouraging traders

The officials of General Sales Tax (GST) department have been accused of discouraging the traders seeking registration under the Sales Tax Act on one pretext or the other, by using delaying tactics deliberately.
Published 14 Jan, 2004 12:00am
The Weather

The Weather

The weather report of Tuesday (January 13) and the forecast for Wednesday (January 14, 2004).
Published 14 Jan, 2004 12:00am
SHC took lenient view against French newsmen: Kasuri

SHC took lenient view against French newsmen: Kasuri

Foreign Minister Khurshid Kasuri has said that despite the way some of the European countries and their media deal with Pakistanis caught for immigration laws' violations, the Sindh High Court has taken a lenient view in the case against French journalist
Published 14 Jan, 2004 12:00am
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Monday.
Published 14 Jan, 2004 12:00am
Punjab government plans five colonies for industrial workers

Punjab government plans five colonies for industrial workers

Punjab Chief Minister's Advisor on Law and Human Rights Rana Ijaz Khan has said that five new residential colonies for industrial workers in various cities of the province, including Lahore, would be constructed.
Published 14 Jan, 2004 12:00am
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Monday.
Published 14 Jan, 2004 12:00am
Gandhara University conferred membership of AUAP

Gandhara University conferred membership of AUAP

Gandhara University, the only institution in the private sector, has been given the membership by the Association of Universities in Asia and the Pacific (AUAP).
Published 14 Jan, 2004 12:00am
Tenders invited for police posts construction

Tenders invited for police posts construction

Under the instructions of Chief Minister Punjab, tenders have been invited for the construction of 24 police patrolling check posts in Faisalabad and Jhang districts with an expenditure of Rs 56.120 million.
Published 14 Jan, 2004 12:00am
Special NAB counter for Alliance Motors scam victims

Special NAB counter for Alliance Motors scam victims

The National Accountability Bureau (NAB) NWFP has set up a special counter to ensure speedy disbursement of cheques amongst the Alliance Motors scam victims belonging to the NWFP.
Published 14 Jan, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (January 13, 2004)
Published 14 Jan, 2004 12:00am
Turkish envoy calls on President

Turkish envoy calls on President

Ambassador of Turkey, Hasan Kemal Gur, called on President General Pervez Musharraf on Tuesday.
Published 14 Jan, 2004 12:00am
NTU students to stage hunger strike outside parliament

NTU students to stage hunger strike outside parliament

The students of the National Textile University (NTU) have announced that they will set up a hunger strike camp in front of Parliament House during the coming National Assembly session to protest against the introduction of self-assessment scheme and the
Published 14 Jan, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Turkey keen to boost trade ties with Pakistan

Turkey keen to boost trade ties with Pakistan

Speaker National Assembly Chaudhry Amir Hussain has said that Turkey is very keen in widening co-operation in every field as well as to increase volume of bilateral trade with Pakistan on top priority basis.
Published 14 Jan, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Transporters threaten to shut down business

Transporters threaten to shut down business

The National Transport Ittehad (NTI) has said they would announce to close their business in their meeting on January 20 if petrol and diesel prices were not lowered by January 15.
Published 14 Jan, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday remain as under.
Published 14 Jan, 2004 12:00am
Urdu Zuban Ka Makhaz Hindko launched

Urdu Zuban Ka Makhaz Hindko launched

The launching ceremony of "Urdu Zuban Ka Makhaz Hindko", a research based book by Professor Khatir Ghaznavi was held on Monday.
Published 14 Jan, 2004 12:00am
Wapda energises 2,832 tube-wells in first five months

Wapda energises 2,832 tube-wells in first five months

Wapda providing optimum support to the agriculture sector to enhance produce and stabilise agro-economy of the country, energised 2,832 tube-wells during the first five months of the current fiscal year which is well ahead of the proportionate target set
Published 14 Jan, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Three dacoits escape from lock-up

Three dacoits escape from lock-up

Three under investigating accused, involved in various robberies and dacoities, managed to escape from the lock-up of Police Station Sargodha Road, here early in the morning along with the official guns.
Published 14 Jan, 2004 12:00am
NWFP chief minister seeks world help to stabilise democracy

NWFP chief minister seeks world help to stabilise democracy

The NWFP Chief Minister Akram Khan Durrani has appealed to the international community to help stabilise democracy in the region as successive military rule has not let the democratic set-up to take roots. If the democratic government is allowed to run af
Published 14 Jan, 2004 12:00am
Pakistan Cricket Board names junior selection body

Pakistan Cricket Board names junior selection body

The Pakistan Cricket Board (PCB) on Tuesday announced a national junior selection committee whose immediate task will be to select the Pakistan under-19 team for next month's ICC under-19 Cricket World Cup to be held in Bangladesh.
Published 14 Jan, 2004 12:00am
Need stressed to give due status to professionals

Need stressed to give due status to professionals

Provincial Minister for Special Education Qudsia Lodhi has called for giving due respect and facilities to professionals in Pakistan so that they could work here more devotedly instead of going abroad.
Published 14 Jan, 2004 12:00am
THE RUPEE: 55 paisa gain versus euro

THE RUPEE: 55 paisa gain versus euro

The rupee on Tuesday recovered 55 paisa versus the euro in the kerb market for buying and selling at Rs 73.35 and Rs 73.65, respectively.
Published 14 Jan, 2004 12:00am
Two Lashkar-e-Jhangvi men get death sentence

Two Lashkar-e-Jhangvi men get death sentence

An Anti-Terrorism Court, Karachi, (ATC) on Tuesday convicted Attaullah and Mohammad Azam, activists of banned Lashkar-e-Jhangvi, and sentenced them to death in sectarian killing case.
Published 14 Jan, 2004 12:00am
THE RUPEE: 55 paisa gain versus euro

THE RUPEE: 55 paisa gain versus euro

The rupee on Tuesday recovered 55 paisa versus the euro in the kerb market for buying and selling at Rs 73.35 and Rs 73.65, respectively.
Published 14 Jan, 2004 12:00am
Karachi University to shun ad hocism, inculcate discipline

Karachi University to shun ad hocism, inculcate discipline

The vice-chancellor of the University of Karachi, Dr Pirzada Qasim, has assured the teachers that the university would gradually be brought out of the present policy of ad hocism, and all efforts would be made to establish discipline in the university cam
Published 14 Jan, 2004 12:00am
Textile Spinning: ELLCOT SPINNING MILLS LIMITED - Year Ended 30-09-2003

Textile Spinning: ELLCOT SPINNING MILLS LIMITED - Year Ended 30-09-2003

The company is one of the constituent members of Nagina Group of Companies. It's manufacturing facilities include 24,960 spindles. The expansion of the mill by addition of 13,416 spindles has been completed and the new extension came into operation during
Published 14 Jan, 2004 12:00am
Horse & cattle show

Horse & cattle show

All arrangements have been finalised for the holding of the annual Lahore Horse and Cattle Show at the Fortress Stadium here from January 17, 2004.
Published 14 Jan, 2004 12:00am
Textile Spinning: ELLCOT SPINNING MILLS LIMITED - Year Ended 30-09-2003

Textile Spinning: ELLCOT SPINNING MILLS LIMITED - Year Ended 30-09-2003

The company is one of the constituent members of Nagina Group of Companies. It's manufacturing facilities include 24,960 spindles. The expansion of the mill by addition of 13,416 spindles has been completed and the new extension came into operation during
Published 14 Jan, 2004 12:00am
13 Pakistanis qualify for CFA

13 Pakistanis qualify for CFA

Thirteen more investment professionals in the country have qualified for the prestigious Chartered Financial Analyst (CFA) designation.
Published 14 Jan, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
NDC war course team visits PSO

NDC war course team visits PSO

Major General Syed Sabahat Hussain, chief inspector, War Wing, National Defence College, on Tuesday termed the corporate transformation of Pakistan State Oil (PSO) a success story, a role model for others to emulate, especially in the public sector.
Published 14 Jan, 2004 12:00am
General Aziz chairs meeting of Ideas-2004

General Aziz chairs meeting of Ideas-2004

A meeting of Ideas-2004 was held here at the Joint Staff Headquarters, Chaklala on Tuesday with Chairman Joint Chief of Staff Committee General Muhammad Aziz Khan in chair.
Published 14 Jan, 2004 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).
Published 14 Jan, 2004 12:00am
RCCI demands polytechnic institute in Rawalpindi

RCCI demands polytechnic institute in Rawalpindi

Rawalpindi Chamber of Commerce and Industry (RCCI) has called upon the government to set up a polytechnic institute in Rawalpindi to provide people of the city an opportunity to receive a skill-oriented training.
Published 14 Jan, 2004 12:00am
Member To Member

Member To Member

Members have subsequently reported the transactions on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
Industrialists urged to work on war footing

Industrialists urged to work on war footing

Punjab Minister for Industries, Commerce and Investment, Muhammad Ajmal Cheema, has urged the industrialists and investors to work on war footing basis so as to enable them to meet the challenges of post WTO regime.
Published 14 Jan, 2004 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (January 13, 2004).
Published 14 Jan, 2004 12:00am
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