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Print - 2004-04-19
Tribesmen hunt al Qaeda fighters

Tribesmen hunt al Qaeda fighters

Tribesmen marched into the hills near the Afghan border on Sunday to try to flush out al Qaeda fighters and their local supporters after they refused to surrender.
Published 19 Apr, 2004 12:00am
Tribesmen hunt al Qaeda fighters

Tribesmen hunt al Qaeda fighters

Tribesmen marched into the hills near the Afghan border on Sunday to try to flush out al Qaeda fighters and their local supporters after they refused to surrender.
Published 19 Apr, 2004 12:00am
Nine US soldiers killed in Iraq

Nine US soldiers killed in Iraq

At least nine US soldiers were killed in separate attacks in Iraq in 24 hours, as a mediator said he held positive talks with the US-led coalition on resolving a showdown with radical Shia cleric Moqtada Sadr.
Published 19 Apr, 2004 12:00am
Nine US soldiers killed in Iraq

Nine US soldiers killed in Iraq

At least nine US soldiers were killed in separate attacks in Iraq in 24 hours, as a mediator said he held positive talks with the US-led coalition on resolving a showdown with radical Shia cleric Moqtada Sadr.
Published 19 Apr, 2004 12:00am
PCB plans to probe series defeat against India

PCB plans to probe series defeat against India

Pakistan Cricket Chief Shaharyar Khan launched a scathing attack on the national team here on Sunday following the historic series defeat to India, lashing players guilty of "carefree unprofessionalism".
Published 19 Apr, 2004 12:00am
Marriage halls not preparing food categorised as service providers

Marriage halls not preparing food categorised as service providers

The Central Board of Revenue (CBR) has accepted the plea of Marriage Halls Association, Lahore, that that marriage halls, lawns, clubs, caterers and guest houses which do not prepare/manufacture food items on their own should be categorised as 'service pr
Published 19 Apr, 2004 12:00am
Jamali leaves for South East Asia visit on April 21

Jamali leaves for South East Asia visit on April 21

Prime Minister Zafarullah Khan Jamali will embark on a nine-day tour of South East and East Asia next week to boost ties with the region, the Foreign Office said on Sunday.
Published 19 Apr, 2004 12:00am
THE RUPEE: falling trend in money market

THE RUPEE: falling trend in money market

The rupee showed weakness versus the dollar in the currency market last week as both local and foreign banks covered their short-term position, experts said.
Published 19 Apr, 2004 12:00am
THE RUPEE: falling trend in money market

THE RUPEE: falling trend in money market

The rupee showed weakness versus the dollar in the currency market last week as both local and foreign banks covered their short-term position, experts said.
Published 19 Apr, 2004 12:00am
Buyers of yarn from Aptma to pay sales tax

Buyers of yarn from Aptma to pay sales tax

The Central Board of Revenue (CBR) has decided to compulsorily register all those with the sales tax department to whom supplies of spun yarn were made under the 'Special Procedure for Manufacturers-cum-Suppliers of Spun Yarn Rules - 2004' and recover due
Published 19 Apr, 2004 12:00am
Buyers of yarn from Aptma to pay sales tax

Buyers of yarn from Aptma to pay sales tax

The Central Board of Revenue (CBR) has decided to compulsorily register all those with the sales tax department to whom supplies of spun yarn were made under the 'Special Procedure for Manufacturers-cum-Suppliers of Spun Yarn Rules - 2004' and recover due
Published 19 Apr, 2004 12:00am
Buyers of yarn from Aptma to pay sales tax

Buyers of yarn from Aptma to pay sales tax

The Central Board of Revenue (CBR) has decided to compulsorily register all those with the sales tax department to whom supplies of spun yarn were made under the ''Special Procedure for Manufacturers-cum-Suppliers of Spun Yarn Rules - 2004'' and recover d
Published 19 Apr, 2004 12:00am
KSE index closes at peak level

KSE index closes at peak level

The Karachi Stock Exchange (KSE) during the preceding week made new records and index closed at peak level with volume crossing one billion mark following active support in banking, cement, fuel, gas and fertiliser groups.
Published 19 Apr, 2004 12:00am
KSE index closes at peak level

KSE index closes at peak level

The Karachi Stock Exchange (KSE) during the preceding week made new records and index closed at peak level with volume crossing one billion mark following active support in banking, cement, fuel, gas and fertiliser groups.
Published 19 Apr, 2004 12:00am
Badla investment climbs to Rs 31.5 billion

Badla investment climbs to Rs 31.5 billion

Total badla investment at both bourses (KSE and LSE) combined stood at Rs 31.5 billion on Friday, April 16, against the level of Rs 29.8 billion observed on previous Friday, April 9.
Published 19 Apr, 2004 12:00am
Badla investment climbs to Rs 31.5 billion

Badla investment climbs to Rs 31.5 billion

Total badla investment at both bourses (KSE and LSE) combined stood at Rs 31.5 billion on Friday, April 16, against the level of Rs 29.8 billion observed on previous Friday, April 9.
Published 19 Apr, 2004 12:00am
Urea off-take in March up by 40.8 percent

Urea off-take in March up by 40.8 percent

The sales of urea during last month, March, recorded an increase of 40.8 percent as farmers bought more as compared to same period a year ago because of higher water availability in dams and canals.
Published 19 Apr, 2004 12:00am
Urea off-take in March up by 40.8 percent

Urea off-take in March up by 40.8 percent

The sales of urea during last month, March, recorded an increase of 40.8 percent as farmers bought more as compared to same period a year ago because of higher water availability in dams and canals.
Published 19 Apr, 2004 12:00am
Government all set to re-enter GDRs market

Government all set to re-enter GDRs market

The government is all set to re-enter the Global Depository Receipts (GDRs) market after 10 years which may help in attracting foreign portfolio investment in the country and increase the free-float of shares boosting its valuation in Morgan Stanley Compo
Published 19 Apr, 2004 12:00am
Government all set to re-enter GDRs market

Government all set to re-enter GDRs market

The government is all set to re-enter the Global Depository Receipts (GDRs) market after 10 years which may help in attracting foreign portfolio investment in the country and increase the free-float of shares boosting its valuation in Morgan Stanley Compo
Published 19 Apr, 2004 12:00am
US closures hit aluminium forecast

US closures hit aluminium forecast

Global aluminium production has fallen slightly following high raw material and energy costs, while copper capacity and output has also dropped by less than one percent due to tight concentrate supply, according to Reuters Metal Production Database (MPD).
Published 19 Apr, 2004 12:00am
Investors rush back to Russian YUKOS despite risks

Investors rush back to Russian YUKOS despite risks

Five months after Kremlin intrigues sank Russia's biggest merger and with it investor confidence in the wider local market, share buyers are back in YUKOS, seemingly as if nothing ever happened.
Published 19 Apr, 2004 12:00am
SNCF plans to seize control of Eurotunnel

SNCF plans to seize control of Eurotunnel

The French state-owned rail operator SNCF is ready to make an "audacious" bid for Eurotunnel in a move that would end British involvement in the Channel Tunnel rail link, the Financial Times reported Sunday.
Published 19 Apr, 2004 12:00am
New casinos to create 22,000 jobs in Macau

New casinos to create 22,000 jobs in Macau

Macau's gaming industry will create around 22,000 jobs over the next few years, equivalent to 10 percent of the workforce, as the territory undergoes a Las Vegas-style makeover, industry representatives said.
Published 19 Apr, 2004 12:00am
Poland faces deficit and unemployment challenge

Poland faces deficit and unemployment challenge

Poland, the biggest country set to join the European Union, saw its economy turn the corner last year, but it still faces a mammoth challenge reducing its budget deficit to join the euro and has the bloc's biggest jobless rate.
Published 19 Apr, 2004 12:00am
Bay Street week ahead: a good profit may not be good enough

Bay Street week ahead: a good profit may not be good enough

The start of the quarterly earnings season this week could take a sizeable bite out of Toronto stocks if the pack of financial statements, many of whose high expectations are already priced into the market, do not live up to the lofty set of estimates.
Published 19 Apr, 2004 12:00am
Karzai offers to make ECO stronger

Karzai offers to make ECO stronger

A landmark regional economic development meeting began in Afghanistan on Sunday, uniting ministers from 10 nations for what is the first international conference for two decades in the war-scarred nation.
Published 19 Apr, 2004 12:00am
Karzai offers to make ECO stronger

Karzai offers to make ECO stronger

A landmark regional economic development meeting began in Afghanistan on Sunday, uniting ministers from 10 nations for what is the first international conference for two decades in the war-scarred nation.
Published 19 Apr, 2004 12:00am
Islamabad condemns Hamas chief's killing

Islamabad condemns Hamas chief's killing

Pakistan on Sunday condemned the killing of Hamas chief Abdel Aziz Rantissi, and called upon the international community to intervene to stop the 'cycle of violence' and bring the peace process back to track.
Published 19 Apr, 2004 12:00am
Islamabad condemns Hamas chief's killing

Islamabad condemns Hamas chief's killing

Pakistan on Sunday condemned the killing of Hamas chief Abdel Aziz Rantissi, and called upon the international community to intervene to stop the 'cycle of violence' and bring the peace process back to track.
Published 19 Apr, 2004 12:00am
UNHCR chief arrives

UNHCR chief arrives

The United Nations High Commissioner for Refugees, Ruud Lubbers, arrived here on Sunday on a three-day official visit to focus on the voluntary repatriation of Afghan refugees, the UN said.
Published 19 Apr, 2004 12:00am
UNHCR chief arrives

UNHCR chief arrives

The United Nations High Commissioner for Refugees, Ruud Lubbers, arrived here on Sunday on a three-day official visit to focus on the voluntary repatriation of Afghan refugees, the UN said.
Published 19 Apr, 2004 12:00am
Telenor and Space Telecom to make position in cell phone industry

Telenor and Space Telecom to make position in cell phone industry

Telenor Ltd and Space Telecom would comfortably make their position in cellular industry in the country as analysts expect that the number of users in five years would jump to 15 million from present level of 4 million as both are bound to provide quality
Published 19 Apr, 2004 12:00am
Telenor and Space Telecom to make position in cell phone industry

Telenor and Space Telecom to make position in cell phone industry

Telenor Ltd and Space Telecom would comfortably make their position in cellular industry in the country as analysts expect that the number of users in five years would jump to 15 million from present level of 4 million as both are bound to provide quality
Published 19 Apr, 2004 12:00am
Lady councillors to be provided conducive atmosphere

Lady councillors to be provided conducive atmosphere

Punjab Information and Technology Minister Abdul Aleem Khan has said the government is making all-out efforts to provide conducive atmosphere to lady councillors so that 50 percent population of the country could play a more proactive role in development
Published 19 Apr, 2004 12:00am
Elimination of terrorists in interest of region: Khalilzad

Elimination of terrorists in interest of region: Khalilzad

US Ambassador to Afghanistan, Zalmay Khalilzad on Sunday while appreciating Pakistan's initiatives for combating terrorism, said that elimination of that menace is in the interest of Pakistan, Afghanistan and the entire region.
Published 19 Apr, 2004 12:00am
Prime Minister invites expatriates to invest in Pakistan

Prime Minister invites expatriates to invest in Pakistan

Prime Minister Zafarullah Khan Jamali has said that his government has ensured the continuity and sustainability of the economic policies initiated by President Pervez Musharraf to gear up the pace of development both in the economic and the social sector
Published 19 Apr, 2004 12:00am
Naval base to be set up at Gwadar: CNS

Naval base to be set up at Gwadar: CNS

Pakistan Navy will soon establish a base at Gwadar to provide security and safety to the static and moving assets at the port, sea-line and along the shore.
Published 19 Apr, 2004 12:00am
No need of NSC in presence of defence committee: ARD

No need of NSC in presence of defence committee: ARD

The Alliance for Restoration of Democracy (ARD) has rejected National Security Council (NSC) and came out with the conclusion that in the presence of Defence Committee there is no need for this body.
Published 19 Apr, 2004 12:00am
Slic secures Rs 386 million new business in first quarter of 2004

Slic secures Rs 386 million new business in first quarter of 2004

"State Life Insurance Corporation of Pakistan has succeeded in securing Rs 386 million as First Year Premium (new business) by providing financial protection to 40,923 new policyholders and their families nation-wide during the first quarter of 2004, as c
Published 19 Apr, 2004 12:00am
Slic secures Rs 386 million new business in first quarter of 2004

Slic secures Rs 386 million new business in first quarter of 2004

"State Life Insurance Corporation of Pakistan has succeeded in securing Rs 386 million as First Year Premium (new business) by providing financial protection to 40,923 new policyholders and their families nation-wide during the first quarter of 2004, as c
Published 19 Apr, 2004 12:00am
Pakistan Navy to join US-led international exercise

Pakistan Navy to join US-led international exercise

Pakistan Navy will participate for the first time in a US-led international exercise next week aimed at deterring terrorists, arms and human smugglers at sea, an official said on Sunday.
Published 19 Apr, 2004 12:00am
Importance of women education highlighted

Importance of women education highlighted

The women writers and intellectuals have urged upon the Sindh as well as Federal government to take stern action against those found involved in the Karo Kari cases in the upper Sindh and stressed the educated women to play their vital role in development
Published 19 Apr, 2004 12:00am
Hindrances in housing sector's promotion to be removed

Hindrances in housing sector's promotion to be removed

Punjab Senior Minister Muhammad Basharat Raja will chair a meeting of a committee for making recommendations for improvement and removal of hindrances in promotion of housing sector on Monday.
Published 19 Apr, 2004 12:00am
Singapore's trade team arrives

Singapore's trade team arrives

A 20-member ministerial trade and investment mission from Singapore led by Minister of State for Health and Transport, Dr Balaji Sadasivan, arrived here on a week-long visit on Sunday.
Published 19 Apr, 2004 12:00am
30 years achievements of Niab - a review

30 years achievements of Niab - a review

At the conclusion of the celebrations marking the 30th birthday of Nuclear Institute for Agriculture and Biology (NIAB) at Faisalabad on Sunday, a review of its achievement claimed that it had developed and released a total of 22 varieties of crops by cha
Published 19 Apr, 2004 12:00am
Four held in drive against illegal check-posts

Four held in drive against illegal check-posts

The campaign launched on the directive of Provincial Food and Agriculture Minister Arif Mustufa Jatoi, against the illegal check-posts established by market contractors for collecting market fee, has started yielding positive results.
Published 19 Apr, 2004 12:00am
Rs 5 billion allocated for farmers

Rs 5 billion allocated for farmers

Agricultural Development Bank (ADB), in collaboration with the Revenue Department Punjab, will distribute Rs 5 billion to small farmers for buying fertiliser and medicines for the Kharif season this year.
Published 19 Apr, 2004 12:00am
Moot on role of agriculture in poverty alleviation

Moot on role of agriculture in poverty alleviation

A three-day National Conference on 'Role of Agriculture in Poverty Alleviation' would begin here on April 21, whose recommendations would be presented to the government for incorporating these in the forthcoming national budget.
Published 19 Apr, 2004 12:00am
120 couples tie into matrimonial bondage

120 couples tie into matrimonial bondage

A total number of 120 couples, 107 Muslims and 13 Christians belonging to poor strata of society, were tied into matrimonial bondage during a function held at the Fortress Stadium here on Sunday.
Published 19 Apr, 2004 12:00am
First 'online' book on medicinal chemistry published

First 'online' book on medicinal chemistry published

Federal Ministry of Science and Technology Minister In-charge and Higher Education Commission Chairman Professor Dr Atta-ur-Rehman along with three other Pakistani and US scientists have edited the first "online" book on medicinal chemistry.
Published 19 Apr, 2004 12:00am
Female commuters hail Varan bus service

Female commuters hail Varan bus service

A large number of female commuters especially government and semi-government employees of twin cities have expressed facilitation over the operation of private transport company Varan in different routes of twin-cites and said it has solved their travel p
Published 19 Apr, 2004 12:00am
Anti-polio drive from April 20

Anti-polio drive from April 20

Three-day door-to-door anti-polio drive will begin in all 18 towns of the city from April 20.
Published 19 Apr, 2004 12:00am
Trading stride observed on cotton market

Trading stride observed on cotton market

Trading stride was observed towards the end of the week when buyers sensing world rate appeared in bullish mood turned to local markets to avoid as much loss as possible.
Published 19 Apr, 2004 12:00am
Jamali likely to visit Lakki Marwat in May

Jamali likely to visit Lakki Marwat in May

Prime Minister Mir Zafarullah Khan Jamali is likely to visit Lakki Marwat, NWFP, in the first week of May. He has been extended an invitation to visit Lakki Marwat by District Nazim, Huamayun Saifullah Khan, his brothers and Pakistan Muslim League's centr
Published 19 Apr, 2004 12:00am
Many accountability cases clubbed together for hearing

Many accountability cases clubbed together for hearing

A large number of cases that had originated from the National Accountability Bureau or its predecessor, the Ehtesab Commission, have now come up in appeal forms from convicts or the NAB and have been clubbed together for hearing by the Supreme Court from
Published 19 Apr, 2004 12:00am
Teleconferencing: several organisations seek PTC's offer

Teleconferencing: several organisations seek PTC's offer

The Pakistan Telecommunication Company's (PTC) offer for the Audio-Video teleconferencing is being sought for by more and more organisations that are holding international conferences and seminars in Pakistan.
Published 19 Apr, 2004 12:00am
India urged to withdraw troops from occupied Kashmir

India urged to withdraw troops from occupied Kashmir

The president of Azad Jammu and Kashmir (AJK), Sardar Muhammad Anwar Khan, has urged India to withdraw its troops from occupied Kashmir for the peaceful settlement of the Kashmir issue.
Published 19 Apr, 2004 12:00am
121 Indian boy scouts arrive to attend jamboree

121 Indian boy scouts arrive to attend jamboree

A contingent of 121 boy scouts from India have arrived here to take part in the 13th National Scout Jamboree. India is participating in the jamboree after a decade.
Published 19 Apr, 2004 12:00am
APHC to stage rally against farce polls

APHC to stage rally against farce polls

All Parties Hurriyat Conference(APHC), AJK Chapter has decided to stage protest demonstration on Tuesday outside the Indian High Commission on the occasion of the first phase of elections drama in Indian occupied Kashmir scheduled to be held on April 20.
Published 19 Apr, 2004 12:00am
361 get driving skill at traffic police school so far

361 get driving skill at traffic police school so far

The Driving School run by Traffic Police, Rawalpindi, has so far trained 361 male and female candidates besides imparting refresher course to more than 1,700 public transport drivers.
Published 19 Apr, 2004 12:00am
Tussle over inquiries against DSPs develops

Tussle over inquiries against DSPs develops

The Home Department, Punjab and Provincial Police Officer once again come face to face about the pending inquiries against Deputy Superintendents of Police (DSPs), it is learnt reliably.
Published 19 Apr, 2004 12:00am
Ground-breaking of Maidani dam performed in Fata

Ground-breaking of Maidani dam performed in Fata

NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) performed the ground-breaking of Maidani small dam in Kurram Agency as part of the government's plan to construct 12 small dams in different tribal agencies.
Published 19 Apr, 2004 12:00am
Civil court returns suit in Mecca Cola trademark case

Civil court returns suit in Mecca Cola trademark case

A civil court here has returned the suit filed by a local industry M/s Afridi Beverages (Pvt) Ltd relating to manufacturing and distribution of beverages by the name of Mecca Cola.
Published 19 Apr, 2004 12:00am
NUST inks MoU with EPRI

NUST inks MoU with EPRI

Maintaining its tradition of fostering research partnerships beneficial to both academic and national arenas, National University of Sciences and Technology (NUST) has signed a Memorandum of Understanding (MoU) with the Electric Power Research Institute (
Published 19 Apr, 2004 12:00am
Use of plastic drums for milk opposed

Use of plastic drums for milk opposed

Use of unhygienic plastic containers for carriage of milk is a dangerous trend, and the government should take appropriate and immediate steps to save the people from the hazards of horrible effects of Blue Drums.
Published 19 Apr, 2004 12:00am
Wheat procurement drive in full swing

Wheat procurement drive in full swing

The wheat procurement drive is in full swing under the supervision of Food Department. A target to procure 500,000 tonnes of wheat has been fixed for Faisalabad region during this season and so far a total quantity of 25,688 tonnes of wheat has been procu
Published 19 Apr, 2004 12:00am
Martyrdom Day of Hazrat Imam Hasan (AS) on April 19

Martyrdom Day of Hazrat Imam Hasan (AS) on April 19

A meeting of central executive committee of the Markazi Imam Hussain Council was held here on Sunday to chalk out a countrywide programme of the Martyrdom Day of Hazrat Imam Hassan (AS).
Published 19 Apr, 2004 12:00am
Accelerating foreign investment

Accelerating foreign investment

Policy makers in Pakistan never seem to tire of talking about the prospects of attracting foreign investment in a big way and utilising it to increase the growth rate to well over 6 percent, thus raising employment levels and alleviating poverty.
Published 19 Apr, 2004 12:00am
Encouraging women entrepreneurs

Encouraging women entrepreneurs

As underprivileged as women are in this society, it is least surprising that there are only a few female entrepreneurs. Those who are in the field find it too difficult to pursue their business interests.
Published 19 Apr, 2004 12:00am
Pakistan Suzuki's returns to shareholders

Pakistan Suzuki's returns to shareholders

I am a small investor in the KSE. The recent speculative hype attracted me to the stock market but did not force me to opt for mere speculation. Before investing my lifetime fortunes, I carried out a detailed analysis of available investment options, incl
Published 19 Apr, 2004 12:00am
Dairy industry in Pakistan

Dairy industry in Pakistan

With the every passing day, dairy products are becoming costlier because live stock farming has not scientifically grown with the increase in population and also it did not match with the pace of urbanisation.
Published 19 Apr, 2004 12:00am
Agriculture: pre-budget thinking

Agriculture: pre-budget thinking

Pakistan's annual budget for the fiscal 2004-05 is expected to be presented in the National Assembly some time in June 2004. Hardly about a couple of months remains before its presentation.
Published 19 Apr, 2004 12:00am
Andamans find economic advance is no island holiday

Andamans find economic advance is no island holiday

The economy of the Andaman islands has withered since the forced closure of its massive logging industry two years ago, leaving it struggling to switch gears and find new ways to sustain itself.
Published 19 Apr, 2004 12:00am
Nomination of QATB chief for Kot Lakhpat affairs slammed

Nomination of QATB chief for Kot Lakhpat affairs slammed

The representatives of Lahore Township Industries Association (LTIA) have voiced concern over the nomination of chairman of Quaid-e-Azam Town Board (QATB) to run the affairs of Kot Lakhpat Industrial Estate (KLIE) and demanded of the government for withdr
Published 19 Apr, 2004 12:00am
Cancellation of bogus allotment of land ordered

Cancellation of bogus allotment of land ordered

Punjab Minister Manazar Ali Ranjha, chairing a meeting of district allotment committees here on Sunday, has asked chairmen of these committees to make sure that the process of allotment of land to the land-less tillers remained clean and transparent.
Published 19 Apr, 2004 12:00am
EU rebuffs China over arms ban

EU rebuffs China over arms ban

The European Union Sunday rebuffed China's demands for an end to an EU arms embargo in place since the Tiananmen Square massacre, but the communist nation said time was on its side.
Published 19 Apr, 2004 12:00am
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