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Apr 28, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-02-09
Ancient rivals vie for dominance of Iraq's Kirkuk

Ancient rivals vie for dominance of Iraq's Kirkuk

Resting among the fertile land in the foothills of the Zagros mountains and atop vast oil riches, the ancient city of Kirkuk is the would-be jewel in the incomplete crown of Iraq's Kurds.
Published 09 Feb, 2004 12:00am
Muzaffar Shah sworn in as acting governor

Muzaffar Shah sworn in as acting governor

Speaker, Sindh assembly, Syed Muzaffar Hussain Shah was on Sunday evening sworn in to act as the Governor of the province in the absence of Dr Ishratul Ibad Khan who proceeded on Sunday morning on a 3-day private visit to London.
Published 09 Feb, 2004 12:00am
PIA's Boeing 777

PIA's Boeing 777

A jubilant PIA chairman accompanied, by perhaps the largest delegation ever to visit Seattle, for the handing over ceremony of the first of 8 Boeing 777s, stated that next year his airline will become a billion dollar company. Only time and revenue genera
Published 09 Feb, 2004 12:00am
Qadeer pardoned

Qadeer pardoned

Thank God Pakistan has risen to the occasion and every one deserves the praise for it. Dr Qadeer, for asking nation's forgiveness for what he said could have endangered the national security.
Published 09 Feb, 2004 12:00am
Perils for journalists covering conflict in Iraq

Perils for journalists covering conflict in Iraq

Killings, arrests, bans and confiscated film have been the lot of journalists covering the conflict in Iraq as deadly violence and a precarious security situation continue to paralyse the war-torn country.
Published 09 Feb, 2004 12:00am
Angolan banking sector set for shake-up

Angolan banking sector set for shake-up

As Angola attempts to revive its conflict-shattered economy, it needs a healthy banking system to help a recovery that will be led by its booming oil sector.
Published 09 Feb, 2004 12:00am
Partial autonomy for Revenue Board needed

Partial autonomy for Revenue Board needed

There was a wide consensus among the managers, stakeholders and masters of CBR for urgent need of fundamental reforms in the tax administration of Pakistan.
Published 09 Feb, 2004 12:00am
Emergence of strong middle class in rural society

Emergence of strong middle class in rural society

Increasing number of landed aristocracy in the Pakistani political leadership, in connivance with civil-military nexus, it made impossible any meaningful land reform to take roots.
Published 09 Feb, 2004 12:00am
Favourable credit rating

Favourable credit rating

It is indeed reassuring to note that the international rating agencies have assigned favourable ratings to Pakistan's sovereign bond issue of $500 million.
Published 09 Feb, 2004 12:00am
A good law compromised

A good law compromised

In a widely welcomed decision that President General Pervez Musharraf took on the advice of Finance Minister Shaukat Aziz, the government set up the office of Federal Tax Ombudsman (FTO) nearly four years ago in the interest of public good.
Published 09 Feb, 2004 12:00am
Protest against 'Qabza group'

Protest against 'Qabza group'

A number of villagers staged a demonstration against the influential 'Qabza group' and demanded the provincial government and law enforcement authorities for safety and protection from this group, backed by a ruling elite's allied political party and urge
Published 09 Feb, 2004 12:00am
10 illegal oil agencies de-sealed

10 illegal oil agencies de-sealed

District Civil Defence Officer, Muzaffargarh, Munawar Sher Nadeem sealed 10 unauthorised oil agencies but these were de-sealed by the agents and started their illegal business.
Published 09 Feb, 2004 12:00am
Poultry rates reduced further

Poultry rates reduced further

The Karachi Poultry Wholesalers Association, which held an emergency meeting here on Sunday evening, decided to further curtail the rates of broiler chicken by Rs 16 to make way for disposing of the stocks that have accumulated to over six million birds a
Published 09 Feb, 2004 12:00am
Poultry business in NWFP on decline

Poultry business in NWFP on decline

The already on decline poultry business in the NWFP plunged into further crisis after Sarhad Poultry Farm Association decided to stop buying of day-old broiler chickens.
Published 09 Feb, 2004 12:00am
PPP Patriot and PPP-S formally merged

PPP Patriot and PPP-S formally merged

The Pakistan People's Party (Patriot) and the Pakistan People's Party (Sherpao) on Sunday formally announced merger of the two factions.
Published 09 Feb, 2004 12:00am
PPP Patriot and PPP-S formally merged

PPP Patriot and PPP-S formally merged

The Pakistan People's Party (Patriot) and the Pakistan People's Party (Sherpao) on Sunday formally announced merger of the two factions.
Published 09 Feb, 2004 12:00am
Overseas Pakistanis urged to abide by host laws

Overseas Pakistanis urged to abide by host laws

The Sindh Minister for Excise and Taxation , Rauf Siddiqui has urged the overseas Pakistanis to abide by the laws of their host countries and avoid lying as much as possible because the respect of our country lies in it.
Published 09 Feb, 2004 12:00am
Gilani on ECL and will not attend PPP meeting in Dubai

Gilani on ECL and will not attend PPP meeting in Dubai

Syed Yousaf Raza Gilani, Central Vice Chairman of PPP and former Speaker of National Assembly will not attend an important meeting of Central Executive Committee (CEC) of the party to be held in Dubai on February 20 under the chairmanship of Benazir Bhutt
Published 09 Feb, 2004 12:00am
Varsities games begin on February 9

Varsities games begin on February 9

The first ever Pakistan Universities Games under the supervision of Higher Education Commission (HEC) will commence here on Monday, February 9 to 15.
Published 09 Feb, 2004 12:00am
Ulema urged to play role for promotion of religious harmony

Ulema urged to play role for promotion of religious harmony

Provincial Minister for Religious Affairs and Auqaf Sahibzada Syed Saeedul Hassan Shah has appealed to Ulema to play their role in progress and prosperity of the country by promoting religious harmony and brotherhood among the people.
Published 09 Feb, 2004 12:00am
PTV urged to improve Hindko telecasts

PTV urged to improve Hindko telecasts

The Hindko Adabi Markaz has urged the Peshawar Television Centre to improve the falling standard of the Hindko-language productions.
Published 09 Feb, 2004 12:00am
Former Punjab chief minister calls on Imtiaz Sheikh

Former Punjab chief minister calls on Imtiaz Sheikh

Former Punjab chief minister, Manzoor Ahmed Watoo called on Sindh Minister for Population Welfare and member of Pakistan Muslim League's (PML) organising committee, Imtiaz Ahmed Shaikh at his residence here.
Published 09 Feb, 2004 12:00am
Indian cricket board team due on February 9

Indian cricket board team due on February 9

A three-member delegation of the Board of Control for Cricket in India (BCCI) is arriving in Lahore on Monday via Wagah border on an eight-day visit to review security arrangements for the forthcoming India-Pakistan Test and one-day series.
Published 09 Feb, 2004 12:00am
IJT seminar on February 9

IJT seminar on February 9

A seminar on "Twenty years of ban on students' union" will be organised at a local hotel on Monday Islami Jamiat Talaba, Karachi, said in a press release on Sunday.
Published 09 Feb, 2004 12:00am
Proper use of amenity bus-depot plots

Proper use of amenity bus-depot plots

The citizens of Karachi welcome the declaration of the government of Sindh that the eleven amenity properties of the Karachi Transport Corporation (KTC) will not be sold or used for any other purpose.
Published 09 Feb, 2004 12:00am
Campaign against kite flying with metallic wire fails

Campaign against kite flying with metallic wire fails

The City government, Wapda and Lahore police joint campaign against the kite flying with metallic wire has proven a complete failure as the electricity tripping has become the order of the day, causing serious damage to Wapda installations and creating pr
Published 09 Feb, 2004 12:00am
Traders awaken to facts of life in cotton market

Traders awaken to facts of life in cotton market

The two day trading on market opening did not fare as expected, as phone calls received by brokers did not convey any thing more than just Eid greetings and comments on developments on country's political fronts.
Published 09 Feb, 2004 12:00am
Khalid Ishaq laid to rest

Khalid Ishaq laid to rest

Senior lawyer Khalid Ishaq was laid to rest here on Sunday afternoon at PECHS graveyard.
Published 09 Feb, 2004 12:00am
Government urged to remove bonded warehouse scheme lacunas

Government urged to remove bonded warehouse scheme lacunas

Co-ordinator, Lahore Chamber of Commerce and Industry on Customs Saad M. Mukhtar Siddiqui has urged the government to remove existing lacunas in common bonded warehouse scheme to make it acceptable and attractive for exporters community.
Published 09 Feb, 2004 12:00am
EU anti-dumping duty termed disastrous for textile industry

EU anti-dumping duty termed disastrous for textile industry

The imposition of anti-dumping duty on Pakistani bed-linen by European Union (EU) would result in disaster for the Pakistan textile industry and if appropriate measures are not taken in this regard the country's exports would face acute crisis, said Hussa
Published 09 Feb, 2004 12:00am
MMA to raise MCB employees problems in National Assembly

MMA to raise MCB employees problems in National Assembly

A delegation of Muslim Commercial Bank Employees Trade Union on Sunday met MMA caretaker president and chief of Jammat-i-Islami, Qazi Hussain Ahmed, and briefed him about the problems being faced by the bank employees, specially the low cadre staff.
Published 09 Feb, 2004 12:00am
ICT directed to inspect kitchens of all hotels and restaurants

ICT directed to inspect kitchens of all hotels and restaurants

Federal Minister for Interior, Makhdoom Syed Faisal Saleh Hayat has directed the Islamabad Capital Territory (ICT) to inspect the kitchens of all the five-star hotels and popular eating-places of the city to ensure quality of food and hygienic conditions.
Published 09 Feb, 2004 12:00am
PML-Q president condemns murder of trader's son

PML-Q president condemns murder of trader's son

Pakistan Muslim League (PML) president Chaudhry Shujaat Hussain has said that every effort will be made to bring the murderer of Shahrukh Waheed, son of a prominent trader of Islamabad, Abdul Waheed, to justice.
Published 09 Feb, 2004 12:00am
CDGL invites bids for intercity bus terminal

CDGL invites bids for intercity bus terminal

The City District Government has invited bids from interested entrepreneurs for construction of a world-class inter-city bus terminal at Multan Road near Tokhar Niaz Beg, on BOT basis.
Published 09 Feb, 2004 12:00am
Pakistan will continue to support just cause of Kashmir

Pakistan will continue to support just cause of Kashmir

Pakistan would continue to support the just cause of Kashmir until Kashmiris realise their right to self-determination to decide their future destiny, said Pakistan's Consul General in Manchester Salahuddin Chaudhry.
Published 09 Feb, 2004 12:00am
Condolence meeting for Malka Pukhraj

Condolence meeting for Malka Pukhraj

Pakistan National Council of the Arts (PNCA) held a condolence meeting to pay tributes to the late singing legend Malka Pukhraj.
Published 09 Feb, 2004 12:00am
Protests in occupied Kashmir over death of civilians

Protests in occupied Kashmir over death of civilians

Residents held angry protests on Sunday after five civilians died in a three-day raid by the Indian occupation army on a suspected freedom fighters' hideout in occupied Kashmir, witnesses said.
Published 09 Feb, 2004 12:00am
Sibi mela inaugurated

Sibi mela inaugurated

Balochistan Governor Owais Ahmad Ghani has called upon the mautabareen, elders and people in the province to play their role for the resolution of tribal disputes in the province according to historic traditions as these are not only hurdles in the econom
Published 09 Feb, 2004 12:00am
Experts for production of blood products in Pakistan

Experts for production of blood products in Pakistan

The experts at the concluding session of the international conference on blood banking here on Sunday underlined the need for increased production of various blood products locally that would reduce the cost and help a large number of patients in Pakistan
Published 09 Feb, 2004 12:00am
Punjab government takes serious note of delay in projects

Punjab government takes serious note of delay in projects

Punjab government has taken serious notice of delay in completion of the Nullah Lai project, installation of pipeline for water supply scheme and construction of sewerage system in Rawalpindi city.
Published 09 Feb, 2004 12:00am
APASC demands President's resignation

APASC demands President's resignation

All Parties Atomic Scientists Conference (APASC) has unanimously asked President Musharraf to resign on the ground of 'debriefing' against the nuke scientists.
Published 09 Feb, 2004 12:00am
Musharraf assures US of no future nuclear tech leaks

Musharraf assures US of no future nuclear tech leaks

Pakistan has told the United States it will stand firm against future leaks of nuclear technology and would share the outcome of its current proliferation probe, officials said on Sunday.
Published 09 Feb, 2004 12:00am
Bush and Blair insincere salesmen on Iraq: Blix

Bush and Blair insincere salesmen on Iraq: Blix

The former chief UN weapons inspector on Sunday likened the use of intelligence by the leaders of Britain and the United States to justify war in Iraq to the tactics of insincere salesmen.
Published 09 Feb, 2004 12:00am
Bush and Blair insincere salesmen on Iraq: Blix

Bush and Blair insincere salesmen on Iraq: Blix

The former chief UN weapons inspector on Sunday likened the use of intelligence by the leaders of Britain and the United States to justify war in Iraq to the tactics of insincere salesmen.
Published 09 Feb, 2004 12:00am
Israeli foreign minister leaves for India

Israeli foreign minister leaves for India

Israeli Foreign Minister Silvan Shalom was to embark Sunday on a three-day visit to India during which he will hold talks with Prime Minister Atal Behari Vajpayee.
Published 09 Feb, 2004 12:00am
Israeli foreign minister leaves for India

Israeli foreign minister leaves for India

Israeli Foreign Minister Silvan Shalom was to embark Sunday on a three-day visit to India during which he will hold talks with Prime Minister Atal Behari Vajpayee.
Published 09 Feb, 2004 12:00am
APCPA demands capping cotton and yarn exports

APCPA demands capping cotton and yarn exports

All Pakistan Cotton Powerlooms Association (APCPA) has expressed grave concern over the price hike and non-availability of quality yarn counts in domestic market and strongly demanded imposition of ceiling over export of cotton and cotton yarn to meet the
Published 09 Feb, 2004 12:00am
Askari Bank 2003 profit to show robust growth

Askari Bank 2003 profit to show robust growth

Askari Commercial Bank''s profit in the year ended December 31, 2003, is likely to record a robust growth registering an increase of 52 percent compared to preceding year on back of strong credit off-take, better interest margin and strong balance sheet.
Published 09 Feb, 2004 12:00am
Askari Bank 2003 profit to show robust growth

Askari Bank 2003 profit to show robust growth

Askari Commercial Bank's profit in the year ended December 31, 2003, is likely to record a robust growth registering an increase of 52 percent compared to preceding year on back of strong credit off-take, better interest margin and strong balance sheet.
Published 09 Feb, 2004 12:00am
Askari Bank 2003 profit to show robust growth

Askari Bank 2003 profit to show robust growth

Askari Commercial Bank's profit in the year ended December 31, 2003, is likely to record a robust growth registering an increase of 52 percent compared to preceding year on back of strong credit off-take, better interest margin and strong balance sheet.
Published 09 Feb, 2004 12:00am
Five NSC officers killed in road accident

Five NSC officers killed in road accident

Five officers of the local National Savings Centres were killed, while four injured, two of them seriously, when a double-cabin pickup dashed into a tree in an attempt to save a cyclist near Sharenwala, here on Sunday afternoon.
Published 09 Feb, 2004 12:00am
Five NSC officers killed in road accident

Five NSC officers killed in road accident

Five officers of the local National Savings Centres were killed, while four injured, two of them seriously, when a double-cabin pickup dashed into a tree in an attempt to save a cyclist near Sharenwala, here on Sunday afternoon.
Published 09 Feb, 2004 12:00am
PQA takes serious note of shutting out of export containers

PQA takes serious note of shutting out of export containers

The Port Qasim Authority (PQA) has taken a serious view of the exporters complaints about shutting out of export containers on last loading days at Qasim International Container Terminal (QICT) and has sought comments from the Terminal's management, Port
Published 09 Feb, 2004 12:00am
PQA takes serious note of shutting out of export containers

PQA takes serious note of shutting out of export containers

The Port Qasim Authority (PQA) has taken a serious view of the exporters complaints about shutting out of export containers on last loading days at Qasim International Container Terminal (QICT) and has sought comments from the Terminal's management, Port
Published 09 Feb, 2004 12:00am
No foreign assistance in protecting strategic assets: Foreign Office

No foreign assistance in protecting strategic assets: Foreign Office

Foreign Office Spokesman Masood Khan on Sunday strongly rejected the contents of an NBC news report carried in a section of the media, suggesting that the US was working to "protect Pakistan's nuclear technology and weapons," saying that this was pure fab
Published 09 Feb, 2004 12:00am
No foreign assistance in protecting strategic assets: Foreign Office

No foreign assistance in protecting strategic assets: Foreign Office

Foreign Office Spokesman Masood Khan on Sunday strongly rejected the contents of an NBC news report carried in a section of the media, suggesting that the US was working to "protect Pakistan's nuclear technology and weapons," saying that this was pure fab
Published 09 Feb, 2004 12:00am
Italian cities ban cars as pollution soars

Italian cities ban cars as pollution soars

Authorities banned traffic on Sunday from more than 100 towns and cities across Italy, including Rome and Milan, in an effort to cut growing pollution levels, city officials said.
Published 09 Feb, 2004 12:00am
HSBC and RBS to buy GreenPoint

HSBC and RBS to buy GreenPoint

British banks HSBC Holdings Plc and Royal Bank of Scotland Group Plc have each started talks to buy New York's Greenpoint Financial Corp, the Business newspaper reported.
Published 09 Feb, 2004 12:00am
Actress Minnie Driver spearheads Asian labour campaign

Actress Minnie Driver spearheads Asian labour campaign

Oscar-nominated American actress Minnie Driver teamed up with British charity Oxfam on Sunday to launch a campaign, designed to pressure clothing companies to pay more to workers in the developing world.
Published 09 Feb, 2004 12:00am
Egyptian SIIC seeks 140,000 tonnes raw sugar

Egyptian SIIC seeks 140,000 tonnes raw sugar

Egypt's Sugar and Integrated Industries Company (SIIC) is seeking 70,000 tonnes of raw sugar for shipment in March or the first half of April, and 70,000 tonnes in May or the first half of June, traders said on Sunday.
Published 09 Feb, 2004 12:00am
Japan may be open to compromise on US beef imports

Japan may be open to compromise on US beef imports

Japan may reconsider its suspension of US beef imports that has been in effect since December following the discovery of a case of mad cow disease, Agriculture Minister Yoshiyuki Kamei said on Sunday.
Published 09 Feb, 2004 12:00am
$12.1 billion export target to be attained

$12.1 billion export target to be attained

The government is expected to achieve the export target of $12.1 billion in the current fiscal year as shipments have already covered 58 percent, requiring $1 billion a month worth of exports to reach another milestone.
Published 09 Feb, 2004 12:00am
$12.1 billion export target to be attained

$12.1 billion export target to be attained

The government is expected to achieve the export target of $12.1 billion in the current fiscal year as shipments have already covered 58 percent, requiring $1 billion a month worth of exports to reach another milestone.
Published 09 Feb, 2004 12:00am
Six Asian nations agree to free trade zone

Six Asian nations agree to free trade zone

Six Asian nations led by India and Thailand agreed on Sunday to create a free trade zone encompassing nearly two billion people, but Bangladesh held out over compensation issues.
Published 09 Feb, 2004 12:00am
G7 agrees currency volatility a risk to growth

G7 agrees currency volatility a risk to growth

Finance chiefs from rich nations agreed on Saturday a global recovery was gaining steam and papered over tensions on currency exchange rates by warning markets "excess volatility" was not to be tolerated.
Published 09 Feb, 2004 12:00am
G7 agrees currency volatility a risk to growth

G7 agrees currency volatility a risk to growth

Finance chiefs from rich nations agreed on Saturday a global recovery was gaining steam and papered over tensions on currency exchange rates by warning markets "excess volatility" was not to be tolerated.
Published 09 Feb, 2004 12:00am
KSE may breach 5000 this month

KSE may breach 5000 this month

The stock market in the remaining part of February is expected to remain bullish and may breach 5000 points level following government plan to sell shares in state-run assets through bourses, improving Pak-India relations, corporate results from pivotal a
Published 09 Feb, 2004 12:00am
KSE may breach 5000 this month

KSE may breach 5000 this month

The stock market in the remaining part of February is expected to remain bullish and may breach 5000 points level following government plan to sell shares in state-run assets through bourses, improving Pak-India relations, corporate results from pivotal a
Published 09 Feb, 2004 12:00am
COT volume at four-month high

COT volume at four-month high

The carryover transactions (CoTs) and carryover business (CoVs) at the Karachi Stock Exchange continued forward march.
Published 09 Feb, 2004 12:00am
COT volume at four-month high

COT volume at four-month high

The carryover transactions (CoTs) and carryover business (CoVs) at the Karachi Stock Exchange continued forward march.
Published 09 Feb, 2004 12:00am
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