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May 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-03-13
European gold falls as dollar recovers

European gold falls as dollar recovers

Gold slid in Europe on Friday as the dollar firmed against the euro on a narrower than expected US current account deficit in the fourth quarter of 2003, and after a consumer sentiment index came close to forecasts.
Published 13 Mar, 2004 12:00am
LME prices softer at kerb close

LME prices softer at kerb close

London Metal Exchange (LME) prices ended softer on Friday, with bearish sentiment dominating at the kerb after long position building earlier in the day, analysts and traders said.
Published 13 Mar, 2004 12:00am
US MIDDAY: sugar higher

US MIDDAY: sugar higher

CSCE raw sugar futures closed fractionally higher Friday as attempts by funds to punch the market higher ran into aggressive trade and producer sales, brokers said.
Published 13 Mar, 2004 12:00am
US MIDDAY: wheat gains

US MIDDAY: wheat gains

Chicago Board of Trade wheat futures were higher on Friday on a short-covering bounce ahead of the weekend, traders said.
Published 13 Mar, 2004 12:00am
US MIDDAY: corn penny firmer

US MIDDAY: corn penny firmer

Corn futures at the Chicago Board of Trade were a penny firmer across the board on Friday, following nearby soyabean contracts higher, traders said.
Published 13 Mar, 2004 12:00am
US MIDDAY: soya futures mixed

US MIDDAY: soya futures mixed

Chicago Board of Trade soya futures were mixed on Friday, with nearbys up on concerns about Brazilian crop losses and on hopes for better Asian soya demand as the continent's bird flu epidemic was termed "under control," brokers said.
Published 13 Mar, 2004 12:00am
US MIDDAY: copper returns to lows

US MIDDAY: copper returns to lows

COMEX copper prices were lower on Friday, after bouncing down and up, and traders said prices should continue to gyrate as the market alternates between selling on dollar strength and buying on improved economic data.
Published 13 Mar, 2004 12:00am
US MIDDAY: gold falls below $400

US MIDDAY: gold falls below $400

COMEX gold fell below $400 on Friday, unable to retain its safe-haven gains a day after Spain suffered its bloodiest day of terror.
Published 13 Mar, 2004 12:00am
HSC Part II supplementary exam results announced

HSC Part II supplementary exam results announced

The Board of Intermediate Education Karachi (BIEK) on Friday announced the results of the HSC Part II Supplementary Examinations 2003 of the Science Group (Pre-Engineering, Science General Group and Commerce Group.
Published 13 Mar, 2004 12:00am
ZTBL to accept old NICs from borrowers and depositors

ZTBL to accept old NICs from borrowers and depositors

Zarai Taraqqiati Bank Limited (ZTBL) has decided that borrowers/ depositors who have not yet obtained computerised National Identity Cards (NICs) can produce attested copies of old NIC.
Published 13 Mar, 2004 12:00am
ZTBL disburses Rs 30 billion during 2003

ZTBL disburses Rs 30 billion during 2003

Zarai Taraqiati Bank Limited (ZTBL) disbursed around Rs 30 billion among the country's farming community during the calendar year 2003, as against Rs 29 billion disbursed in 2002, showing Rs one billion growth.
Published 13 Mar, 2004 12:00am
PPP flays Nazimeen for joining PML-Q

PPP flays Nazimeen for joining PML-Q

Khurshid Ahmed Khan, an ex-MPA and President of PPP Multan, has said that 96 Nazimeen and Naib Nazimeen have announced to join the PML-Q during the visit of Punjab Chief Minister Chaudhry Pervaiz Ellahi describing it a self-deception because they were ele
Published 13 Mar, 2004 12:00am
Ruet body meeting on March 21

Ruet body meeting on March 21

The meeting of Central Ruet-e-Hilal for sighting the moon of 'Safar' would be held in Karachi on March 21.
Published 13 Mar, 2004 12:00am
Progress on TKP projects satisfactory: report

Progress on TKP projects satisfactory: report

Pace of development work on different projects of Tameer-e-Karachi Programme (TKP) has remained so far satisfactory and work on 18 projects is in progress whereas as modalities are being finalised on other projects proposed from different stakeholders and
Published 13 Mar, 2004 12:00am
PIA's fleet plan dilemma

PIA's fleet plan dilemma

Those who have read the March 2004 issue of Airline Business would be shocked to learn of the recipe for disaster, that PIA's ambitious fleet plan, will incur on this unfortunate airline.
Published 13 Mar, 2004 12:00am
India's WMDs

India's WMDs

Through the columns of your esteemed daily I want to awaken the Pakistani nation to the eventuality, which could arise from the atomic weapons acquired as a deterrent against our neighbouring enemy.
Published 13 Mar, 2004 12:00am
Crisis in the Local Councils

Crisis in the Local Councils

The present military government having consumed three years of its indefinite term in an effort to provide a label of democracy, not yet acceptable to the debating society also known as Commonwealth, made a great hullabaloo about devolution of powers to t
Published 13 Mar, 2004 12:00am
Foreign investment in hydropower generation

Foreign investment in hydropower generation

A consortium of investors from the Gulf countries is reported to have shown keen interest in launching a mega project for hydropower generation in the territory of Azad Jammu and Kashmir.
Published 13 Mar, 2004 12:00am
A vision sans a plan

A vision sans a plan

Wrapping up the Senate debate on Monday on the President's address to Parliament, Prime Minister Zafarullah Khan Jamali conceded that his government's performance may have been unsatisfactory, though he was quick to add that that should not be seen as lac
Published 13 Mar, 2004 12:00am
Agreement signed for retrieving drainage and sewage system

Agreement signed for retrieving drainage and sewage system

A consortium comprising City District Government, Lahore Development Authority (LDA), Water and Sanitation Agency (Wasa) and Japan International Co-operation Agency (JICA) agreed upon retrieval of sewage and drainage system of Lahore through a grant of Rs
Published 13 Mar, 2004 12:00am
Marriage grant cheques given to workers

Marriage grant cheques given to workers

District Nazim Chaudhry Zahid Nazir has said that the decision to give marriage grants to all the daughters of the industrial workers was a clear proof of labour-friendly policies of the Punjab government and the District Government was providing these gr
Published 13 Mar, 2004 12:00am
ACME Lab launches its operation in Pakistan

ACME Lab launches its operation in Pakistan

The ACME Laboratories Limited, a pharmaceutical company of Bangladesh engaged in production and marketing life-saving drugs, has launched its operation in Pakistan in collaboration with local investors.
Published 13 Mar, 2004 12:00am
Over 35 bonded labourers released from brick kilns

Over 35 bonded labourers released from brick kilns

A local human rights organisation, Legal Aid and Human Rights Society has helped in releasing more than 35 bonded labourers, including 30 Afghan refugees from the illegal detention of two brick kilns in Islamabad and District Attock on Friday.
Published 13 Mar, 2004 12:00am
PELA to ensure application of environmental laws

PELA to ensure application of environmental laws

Pakistan Environmental Law Association (PELA) is working on a comprehensive plan to ensure effective application of environmental laws in Pakistan, besides concentrating on education, training and environmental litigation.
Published 13 Mar, 2004 12:00am
ICCI conference in Egypt

ICCI conference in Egypt

The Islamic Chamber of Commerce and Industry (ICCI) will be organising 2nd International Conference on Investment and Privatisation at Sharm-El-Sheikh city of Egypt on April 29-30.
Published 13 Mar, 2004 12:00am
Atta Chakki owners strike continues

Atta Chakki owners strike continues

On the call given by the Lahore Atta Chakki Owners Association, atta chakki owners observed strike for the second consecutive day on Friday in protest against the harassment and 'illegal arrests'.
Published 13 Mar, 2004 12:00am
PPCBL asked for timely disbursement of loans

PPCBL asked for timely disbursement of loans

Registrar Co-operatives Punjab Khalid Pervez has directed the staff of the Punjab Provincial Co-operative Bank Limited (PPCBL) for timely disbursement of loans to farmers so that they could avail the facilities granted by the government at the maximum.
Published 13 Mar, 2004 12:00am
Setting up of efficient sales tax tribunal demanded

Setting up of efficient sales tax tribunal demanded

All Pakistan Tax Bar Association (Aptba) has urged the Chairman, Sales Tax Appellate Tribunal, to establish an effective, disciplined, efficient and an independent tribunal, replacing the existing one so as to decide the appeals judiciously.
Published 13 Mar, 2004 12:00am
Qul of Justice Aslam Riaz held

Qul of Justice Aslam Riaz held

'Qul' of former judge of the Supreme Court of Pakistan Justice Aslam Riaz was held at his residence here on Friday.
Published 13 Mar, 2004 12:00am
BRIDGE NOTES: Zia Mahmood, the magician of bridge

BRIDGE NOTES: Zia Mahmood, the magician of bridge

K Suryanarayna is a veteran an bridge player and a moving spirit in bridge activity at Fateh Maidan Cub of Hyderabad, the capital of Andhra Pradesh. He is also an active member in promoting bridge among ladies in India and shares some responsibilities in
Published 13 Mar, 2004 12:00am
TV REVIEW: 'No rollback, it is rolling on'

TV REVIEW: 'No rollback, it is rolling on'

Who killed President General Zia-ul-Haq remains a mystery, at least for his son Ijaz-ul-Haq. He is certain it was sabotage; a missile in addition to the paralyzing nerve gas that put the plane crew out of action hit the C-130 he was flying. But the army t
Published 13 Mar, 2004 12:00am
CBR chairman's statement welcomed

CBR chairman's statement welcomed

Muhammad Nisar Shekhani, Chairman, Site Association of Industry (SAI) welcomed the statement of the new Central Board of Revenue (CBR) Chairman Muhammad Abdullah Yousuf to make CBR policy investor-friendly.
Published 13 Mar, 2004 12:00am
Government urged to sell wheat flour through mobile sale shops

Government urged to sell wheat flour through mobile sale shops

While the Federal Food and Agriculture Minister and officials of the Ministry for Food, Agriculture and Livestock (Minfal) as also the officials of the Sindh Government are claiming that the wheat crisis has been overcome, the prices of 'Atta' remain very
Published 13 Mar, 2004 12:00am
SPORTS WORLD: Juniors bag U-19 World Cup

SPORTS WORLD: Juniors bag U-19 World Cup

Consistent and gallant throughout the duration of the Under-19 World Cup championship Pakistan thrilled the packed-to-capacity Bangabandhu stadium of Dhaka by lowering the colours of the West Indies by 25 runs. The match could have gone either way but it
Published 13 Mar, 2004 12:00am
'Customs frontline defence against terrorism and trafficking'

'Customs frontline defence against terrorism and trafficking'

Canadian High Commissioner in Pakistan Ms Margaret Huber has said that the customs officials are the frontline defence to curb terrorism, drug trafficking and human smuggling, including smuggling of women and children.
Published 13 Mar, 2004 12:00am
SPORTS WORLD: A battle royal likely in one-dayers

SPORTS WORLD: A battle royal likely in one-dayers

The Indian cricket squad arrive in this country right on schedule with welcoming cheers from the fans, but with the severest-ever security arrangements. The team, coming here after a gap of over 14 long years for a full tour, had a first experience of the
Published 13 Mar, 2004 12:00am
Yusuf's services for CNG industry lauded

Yusuf's services for CNG industry lauded

The contribution of newly appointed Central Board of Revenue Chairman Abdullah M. Yousuf towards rapid development of compressed natural gas (CNG) industry is indeed laudable with the result that the country receives huge foreign exchange.
Published 13 Mar, 2004 12:00am
LAHORE CULTURAL DIARY: Activities regain momentum after Ashura

LAHORE CULTURAL DIARY: Activities regain momentum after Ashura

Cultural activities in Lahore regained momentum after Ashura. Several organizations dedicated to the promotion of different art forms, sponsored a number of events, including a couple of exhibitions, an arts show, the Spanish film festival, a music concer
Published 13 Mar, 2004 12:00am
Women still struggling for emancipation

Women still struggling for emancipation

Why do we celebrate 'Women's Day' every year, while women are still treated as second-class citizens. Such anniversaries can not change the social attitudes. These seminars and conferences are fashionable occasions to deliver grand speeches.
Published 13 Mar, 2004 12:00am
Tata for expanding scope of products for Pak-India trade

Tata for expanding scope of products for Pak-India trade

Riaz Ahmed Tata, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has proposed that the scope of products allowed for import from India should be enhanced for mutual benefit.
Published 13 Mar, 2004 12:00am
Women's Day and some thoughts on female education

Women's Day and some thoughts on female education

Women's Day celebrations on March 8 brought to light the plight of women in the developing and the least developed countries across the globe. There were reports published on violence against housewives, widespread gender discrimination at workplaces and
Published 13 Mar, 2004 12:00am
Healthy teeth essential for normal growth

Healthy teeth essential for normal growth

Healthy teeth means a healthy body. Apart from lending a good appearance, teeth are essential for normal growth, as growth depends on well-chewed food. Milk teeth cut between the age of six months to two and a half years. They are twenty in number.
Published 13 Mar, 2004 12:00am
Liberal media

Liberal media

One, if not shocked, was surprised to see what one of our independent TV channels showed a few days back. Models wearing skinny fabrics were doing catwalk. This is what our old PTV has never shown and will probably never.
Published 13 Mar, 2004 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 13 Mar, 2004 12:00am
LITERARY NOTES: Focus on Faiz Ahmed Faiz and Munshi Prem Chand

LITERARY NOTES: Focus on Faiz Ahmed Faiz and Munshi Prem Chand

Faiz Ahmed Faiz's birthday celebrations were commemorated in a befitting manner last week. Truly Faiz Ahmed Faiz is one of those poets who are lovingly remembered by their fans. Idara-i-Zehn-i-Jadeed, Karachi, did well to pay homage to Faiz.
Published 13 Mar, 2004 12:00am
CURRENT TOPICS: Nuclear cricket!

CURRENT TOPICS: Nuclear cricket!

Cricket matches - domestic and international - are played all around the world round the year. But the amount of controversy created in connection with the forthcoming India-Pakistan ties is mind-boggling. The two countries extended their political enmity
Published 13 Mar, 2004 12:00am
Rs 30,000 salary offered to doctors in rural areas

Rs 30,000 salary offered to doctors in rural areas

Punjab government has decided to offer a salary of Rs 30,000 per month and conveyance allowance to those doctors, specialists and surgeons, who would serve in rural areas, while residential facilities are already available with the Rural Health Centres an
Published 13 Mar, 2004 12:00am
Indian Muslims and Loksabha elections

Indian Muslims and Loksabha elections

The Loksabha elections have been declared and will be held in couple of months. In democracy elections are most important events and it must be said Indian democracy has fulfilled this condition satisfactorily and has never failed, not even in the times o
Published 13 Mar, 2004 12:00am
Right of vote by postal ballot in NA-190 by-polls

Right of vote by postal ballot in NA-190 by-polls

Election Commission has extended the facility to the government servants, members of the armed forces, holders of public offices, their wives and their children to exercise their right of vote through postal ballot in NA-190 by-election.
Published 13 Mar, 2004 12:00am
Why food irradiation?

Why food irradiation?

Food is one of the most important necessities in life. Many developing countries including Pakistan produce abundant fresh fruits and vegetables. However, a significant quantity estimated at 30% to 40% is wasted by harmful insects, bacteria and fungi and
Published 13 Mar, 2004 12:00am
Operation brings business activities in Wana to standstill

Operation brings business activities in Wana to standstill

The operation against suspected al Qaeda operatives and their alleged hosts in Wana, headquarters of the South Waziristan Agency has brought to standstill all business activity in this remote town bordering with Afghanistan.
Published 13 Mar, 2004 12:00am
The Weather

The Weather

The weather report on Friday (March 12) and the forecast of Saturday (March 13, 2004).
Published 13 Mar, 2004 12:00am
Multipurpose complex to be built at Torkham border

Multipurpose complex to be built at Torkham border

NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) has said that a multipurpose complex of international standard would be constructed at Torkham border that will have all the modern facilities of customs and immigration services.
Published 13 Mar, 2004 12:00am
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Thursday.
Published 13 Mar, 2004 12:00am
Compensation to Bisham affectees ordered

Compensation to Bisham affectees ordered

NWFP Chief Minister Akram Khan Durrani has directed payment of compensation to the affectees of Karakuram Highway in Bisham, and ordered the District Revenue Officer (DRO), Shangla, to compensate them immediately whose land was not disputed.
Published 13 Mar, 2004 12:00am
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Thursday.
Published 13 Mar, 2004 12:00am
Decision to award medals to businessmen lauded

Decision to award medals to businessmen lauded

Frontier Customs Agents Group NWFP Chairman Zia-ul-Haq Sarhadi has appreciated the decision of the Sarhad Chamber of Commerce and Industry (SCCI) president to award gold medals and trophies to best exporters and importers of the province.
Published 13 Mar, 2004 12:00am
New USAID director for Pakistan sworn-in

New USAID director for Pakistan sworn-in

Lisa Chiles was sworn-in on Thursday as the new Director of the US Agency for International Development (USAID) mission in Pakistan.
Published 13 Mar, 2004 12:00am
Madrid train blasts disturb many Pakistanis

Madrid train blasts disturb many Pakistanis

As the news of a series of bomb blasts in Madrid was telecast by the television, a number of people, mostly women, thronged into international public call offices to enquire about their dear ones, who are serving in Spain.
Published 13 Mar, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (March 12, 2004)
Published 13 Mar, 2004 12:00am
NWFP assembly opposes privatisation of Wapda

NWFP assembly opposes privatisation of Wapda

The NWFP assembly on Thursday opposed the privatisation of the Water & Power Development Authority (Wapda) and termed it contrary to the wishes of the people.
Published 13 Mar, 2004 12:00am
Hashmi case hearing put off

Hashmi case hearing put off

An accountability Court (AC) on Friday put off the proceedings in a reference against acting President PML-N Javed Hashmi MNA to March 24 in order to record the statements of prosecution witnesses.
Published 13 Mar, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (March 12, 2004).
Published 13 Mar, 2004 12:00am
Flour stalls being set up in Hyderabad

Flour stalls being set up in Hyderabad

The office-bearers of Roller Flour Mills, small grinding units and food officials have developed a consensus on setting up a chain of flour stalls throughout the city to minimise the intensity of wheat flour crisis in Hyderabad city.
Published 13 Mar, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (March 12, 2004).
Published 13 Mar, 2004 12:00am
LCCI invited to carpet exhibition in Beijing

LCCI invited to carpet exhibition in Beijing

The Lahore Chamber of Commerce & Industry (LCCI) has been invited by the Chinese government to attend a four-day carpet exhibition starting from July 09 in Beijing.
Published 13 Mar, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (March 12, 2004).
Published 13 Mar, 2004 12:00am
Performance auditing course concludes

Performance auditing course concludes

The 54th International Intensive Training Course of Performance Auditing concluded here at the Audit and Training Institute, Directorate General of Performance Audit on Friday.
Published 13 Mar, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (March 12) and rates for Saturday (March 13, 2004).
Published 13 Mar, 2004 12:00am
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