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Print - 2004-05-21
PPMA felicitates health minister

PPMA felicitates health minister

Pakistan Pharmaceutical Manufacturers Association (PPMA) has congratulated the Federal Minister for Health, Muhammad Nasir Khan on his election as president of World Health Assembly in its inaugural session held in Geneva on May 17-22, 2004.
Published 21 May, 2004 12:00am
Readymade garments export increasing

Readymade garments export increasing

The export of readymade garments is steadily increasing during last several years and in the year 2002-2003, the country earned US $1.1 billion against export of readymade woven garments alone.
Published 21 May, 2004 12:00am
Partly Facetious: Sonia followed our Chaudhary's example

Partly Facetious: Sonia followed our Chaudhary's example

"I was so impressed with Sonia Gandhi. She had it all, and then she decided against taking it. And I am not really sure of the real reasons behind her decision to decline the Prime Minister-ship of the country..."
Published 21 May, 2004 12:00am
Supreme Court Bar criticises 'Access to Justice' loan spendings

Supreme Court Bar criticises 'Access to Justice' loan spendings

The Pakistan Supreme Court Bar Association has expressed grave concern over the "unproductive spendings" of the $350 million "Access to Justice Loan" obtained from the Asian Development Bank at a very high interest rate of nine percent.
Published 21 May, 2004 12:00am
PPP welcomes Socialist International Executive meeting declaration

PPP welcomes Socialist International Executive meeting declaration

Pakistan People's Party on Thursday welcomed the declaration of the Socialist International Executive meeting in Budapest held on May 14, 2004 emphasising the importance of peace, democracy and progress that has been built in Europe.
Published 21 May, 2004 12:00am
Free Press

Free Press

What is the power of free press? Why is real democracy is considered the best form of political system?
Published 21 May, 2004 12:00am
Innovative power project

Innovative power project

The GSB Technologies Inc, of the USA has shown interest in establishing a power generation plant of 500 megawatt capacity in Karachi, based on garbage of the city and coal which would be available from Thar and Lakhra coal mines.
Published 21 May, 2004 12:00am
Caught in a self-made web

Caught in a self-made web

Since the assumption of power by General Pervez Musharraf, economic fundamentals of the country have improved a great deal. Fortunately, political government of Prime Minister Jamali has stayed the course and resisted the temptation of easy options with t
Published 21 May, 2004 12:00am
IFC to open satellite office on May 22

IFC to open satellite office on May 22

Finance Minister Shaukat Aziz will inaugurate the satellite office of International Finance Corporation (IFC) in the metropolis on Saturday, it was officially stated here on Thursday.
Published 21 May, 2004 12:00am
Progress of work on medical university, women college reviewed

Progress of work on medical university, women college reviewed

NWFP Health Minister Inayatullah while directing further acceleration of pace of work on implementation of medical university and women medical college project has said the work for actualisation of both projects had already entered into the final phase.
Published 21 May, 2004 12:00am
Pakistan protests killing of fishermen

Pakistan protests killing of fishermen

Pakistan on Thursday lodged a strong protest with India over the callous and unwarranted killing of three Pakistani fishermen by the Indian navy.
Published 21 May, 2004 12:00am
Sheikh Rashid defends restoration of democracy

Sheikh Rashid defends restoration of democracy

Information Minister Sheikh Rashid Ahmed has strongly denounced what he called a blatantly anti-Pakistani act of PPP, which has written to the Commonwealth asking the organisation not to lift Pakistan's suspension.
Published 21 May, 2004 12:00am
Kasuri hopes new Indian government will carry forward peace process

Kasuri hopes new Indian government will carry forward peace process

Emphasising that a solution to the occupied Kashmir dispute is necessary for durable peace, Pakistan Foreign Minister Khurshid Mahmud Kasuri expressed the confidence that the Congress-led government would carry forward the Indo-Pak peace process.
Published 21 May, 2004 12:00am
New Haj policy to be announced in next week: Ijaz

New Haj policy to be announced in next week: Ijaz

Federal Minister for Religious Affairs, Zakat and Ushr Muhammad Ijaz ul-Haq on Thursday said the new Haj policy, applicable for next five years, would be announced in the next week.
Published 21 May, 2004 12:00am
Corps Commander briefed on Bagh-e-Jinnah project

Corps Commander briefed on Bagh-e-Jinnah project

Corps Commander Lieutenant General Ahsan Saleem Hayat visited the Quaid's mausoleum here on Thursday to pay homage to the father of Nation. He laid a floral wreath, and offered Fateha at the Quaid's Mazar.
Published 21 May, 2004 12:00am
Sales of home appliances grow by 20-25 percent per annum

Sales of home appliances grow by 20-25 percent per annum

The sales of home appliances across the country have grown by 20 to 25 percent per annum, as their prices continue to reduce for the last couple of years because of intense competition and low cost imports from china.
Published 21 May, 2004 12:00am
Industrial fair-2004 to opens from May 22

Industrial fair-2004 to opens from May 22

The fifth "Pakistan Industrial Fair-2004" with the slogan of "Rebuild Afghanistan" at Rawalpindi Cricket Stadium is going to be held from May 22 to June 13.
Published 21 May, 2004 12:00am
No shortage of wheat in country

No shortage of wheat in country

The Agriculture Commissioner, Ministry of Food and Agriculture, Dr Muhammad Hanif Hussain, said on Thursday the country has produced about 20 million tonnes of wheat which is enough to meet domestic requirements.
Published 21 May, 2004 12:00am
EPA to install CNG kits in rickshaws

EPA to install CNG kits in rickshaws

The Environment Protection Agency (EPA) NWFP has planned installation of CNG (Compressed Natural Gas) kits in two stroke rickshaws on experimental basis with the objectives of controlling air and noise pollution.
Published 21 May, 2004 12:00am
The Weather

The Weather

The weather report on Thursday (May 20) and the forecast for Friday (May 21, 2004).
Published 21 May, 2004 12:00am
NWFP governor shocked

NWFP governor shocked

NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) has expressed his deep grief and sorrow over the tragic and brutal murder of Fata Industries Director Mohammad Salim Mohmand.
Published 21 May, 2004 12:00am
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Wednesday.
Published 21 May, 2004 12:00am
New York cotton

New York cotton

Closing prices of New York cotton in US cents/pound on Wednesday.
Published 21 May, 2004 12:00am
Peshawar to have medium tax unit before year-end

Peshawar to have medium tax unit before year-end

The Collector Sales Tax, Peshawar, Ghulam Ahmad, has said the Central Board of Revenue (CBR) besides, working on structure reforms on tax-related education to tax-payers, has also introduced automation to simplify tax collection.
Published 21 May, 2004 12:00am
Key stock market movements at 1700 GMT on May 20

Key stock market movements at 1700 GMT on May 20

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 21 May, 2004 12:00am
Six-week cricket training camp to be arranged in Sialkot

Six-week cricket training camp to be arranged in Sialkot

A six-week training camp for under 20-year, arranged by Pakistan Cricket Board (PCB), would commence on May 24th here at the Jinnah Stadium, said President District Cricket Association (DCA) and Member Punjab Assembly Engineer Imran Ashraf.
Published 21 May, 2004 12:00am
WTO help sought to boost food items trade

WTO help sought to boost food items trade

Pakistan had signed three agreements with the World Trade Organisation (WTO) for enhancing co-operation in trade of food, agriculture and livestock commodities.
Published 21 May, 2004 12:00am
Establishment of overseas employment promotion bureau sought

Establishment of overseas employment promotion bureau sought

Pakistan Overseas Employment Promoter Association (POEPA) urged the government to establish Overseas Employment Promotion Bureau (OEPB) which will help in exploring new labour markets for absorption of Pakistani manpower abroad.
Published 21 May, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (May 20, 2004)
Published 21 May, 2004 12:00am
Ogra opens public complaint cell

Ogra opens public complaint cell

The Oil and Gas Regulatory Authority (Ogra) has put in place an elaborate system to deal with public complaints pertaining to the conduct of licensees doing businesses of natural gas (sui gas), compressed natural gas (CNG) and liquefied petroleum gas (LPG
Published 21 May, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (May 20, 2004).
Published 21 May, 2004 12:00am
PIA to expand Speedex courier network

PIA to expand Speedex courier network

PIA will expand the network of its Speedex courier to 61 cities of the country by end of June 2004. Currently, it is serving in 14 big cities of Pakistan.
Published 21 May, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (May 20) and rates for Friday (May 21, 2004).
Published 21 May, 2004 12:00am
Political groups merger to prolong autocratic rule

Political groups merger to prolong autocratic rule

Merger of diverse political groups into PML-Q was ridden by personal motives and to prolong the autocratic rule against the wishes of the people, and the people would rise against this unholy alliance.
Published 21 May, 2004 12:00am
Inflows and outflows of rivers

Inflows and outflows of rivers

The position of the inflows/outflows at Tarbela, Mangla and Chashma along with the reservoirs' levels and the barrages at 6.00 am on Thursday was as under:
Published 21 May, 2004 12:00am
Smeda starts translation of its pre-feasibility reports

Smeda starts translation of its pre-feasibility reports

Small and Medium Enterprise Development Authority (Smeda) has started translation of its pre-feasibility reports and sector briefs in Urdu which will be uploaded on its website for easy understanding by the SME sector.
Published 21 May, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (May 20, 2004).
Published 21 May, 2004 12:00am
ADB team and Lahore Nazim discuss proposals for $1 million grant

ADB team and Lahore Nazim discuss proposals for $1 million grant

A three-member delegation of the Asian Development Bank (ADB) called on the District Nazim Mian Amer Mahmood here on Thursday and discussed various proposals for extending a grant of US $1 million, besides extending technical assistance for improving qual
Published 21 May, 2004 12:00am
Stage play on May 28

Stage play on May 28

'Elsa's Creation' a stage play about the dignity of human beings and true value of life, is being staged on Friday, May 28 here at Museum of Puppetry.
Published 21 May, 2004 12:00am
LHC disposes of Khwaja's petition

LHC disposes of Khwaja's petition

The Lahore High Court (LHC) on Thursday disposed of a petition filed by Town Nazim Khwaja Hassan with directions to the petitioner to submit a presentation to Home Secretary Punjab.
Published 21 May, 2004 12:00am
LHC office returns Qasim's petition

LHC office returns Qasim's petition

The Lahore High Court (LHC) office returned the petition filed by President PPPP, Punjab, Qasim Zia, praying re-election for the office of President of Pakistan.
Published 21 May, 2004 12:00am
THE RUPEE: 10 paisa more slide in open market

THE RUPEE: 10 paisa more slide in open market

Sharp decline was seen in the rupee's value versus the dollar in the open market on Thursday as it lost 10 paisa on the buying and selling counter at Rs 58.65 and Rs 58.75 respectively on rising demand of the greenback, dealers said.
Published 21 May, 2004 12:00am
Supreme Court dismisses petition

Supreme Court dismisses petition

The Supreme Court of Pakistan dismissed a petition filed by Rana Buland Akhtar against filing of a reference against him in a default case.
Published 21 May, 2004 12:00am
THE RUPEE: 10 paisa more slide in open market

THE RUPEE: 10 paisa more slide in open market

Sharp decline was seen in the rupee's value versus the dollar in the open market on Thursday as it lost 10 paisa on the buying and selling counter at Rs 58.65 and Rs 58.75 respectively on rising demand of the greenback, dealers said.
Published 21 May, 2004 12:00am
Asean diplomats visit Punjab University

Asean diplomats visit Punjab University

An-11 member delegation of diplomats from the Association of South East Nations (Asean), who are under training at the Foreign Services Academy in Islamabad on Thursday visited the Punjab University as part of their training.
Published 21 May, 2004 12:00am
D&SJ Lahore transferred

D&SJ Lahore transferred

The Chief Justice of the Lahore High Court (LHC) has transferred District and Sessions Judge Lahore Muhammad Khalil Chaudhry, and appointed him as Member Inspection Team (MIT) LHC.
Published 21 May, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Thursday (May 20, 2004).
Published 21 May, 2004 12:00am
Need stressed to fight poverty

Need stressed to fight poverty

The Governor of Punjab Lieutenant General Khalid Maqbool (Retd) has asked upon Organisation of Islamic Countries (OIC), Saarc and Organisation of African countries that they instead of depending on help of developed countries should endeavour to develop e
Published 21 May, 2004 12:00am
Member to Member

Member to Member

Members have subsequently reported the transactions on Thursday (May 20, 2004).
Published 21 May, 2004 12:00am
Malaysian firm to invest in power plant

Malaysian firm to invest in power plant

Malaysian engineering and energy firm Ranhill Bhd, which has been expanding overseas to push growth, plans to invest in a power plant in Pakistan, a top company official said on Thursday.
Published 21 May, 2004 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Thursday (May 20, 2004).
Published 21 May, 2004 12:00am
Private sector airline based on e-concept launched

Private sector airline based on e-concept launched

The Federal Finance Minister, Shaukat Aziz has officially launched Air Blue, a private sector airline that its sponsors claim would be a "paperless" and world-class airline. It would be run on the concepts of e-ticketing, e-reservation and e-check-in syst
Published 21 May, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 21 May, 2004 12:00am
Promotion of SPPs to help industrialisation in Sindh: FPCCI

Promotion of SPPs to help industrialisation in Sindh: FPCCI

The development and promotion of Small Power Producers (SPPs) would be emphasised by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) at a meeting to be held here on Saturday (May 22).
Published 21 May, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 21 May, 2004 12:00am
Rabi-us-Sani moon sighted

Rabi-us-Sani moon sighted

Moon of Rabi-us-Sani has been sighted in the country and thus 4th Islamic month will commence from Friday.
Published 21 May, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Published 21 May, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Thursday (May 20, 2004).
Published 21 May, 2004 12:00am
PBEA warns CBR against withdrawal of SRO 554

PBEA warns CBR against withdrawal of SRO 554

Exporters of value-added textile products have warned the Central Board of Revenue (CBR) that if SRO 554, which allows duty-free import of machinery for export-oriented projects, was rescinded in the new budget, new export projects would not be coming.
Published 21 May, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 21 May, 2004 12:00am
IFMA complains about Punjab government's wheat policy

IFMA complains about Punjab government's wheat policy

A delegation of Islamabad Flour Mills Association (IFMA) called on Islamabad Chamber of Commerce and Industry (ICCI) and complained about the Punjab government's wheat policy whereby the government has banned inter-district movement of wheat stock.
Published 21 May, 2004 12:00am
Plan chalked out to make industrial sector more dynamic

Plan chalked out to make industrial sector more dynamic

Experts Advisory Cell of the Ministry of Industries & Production has chalked out a comprehensive plan to make the industrial sector more vibrant, innovative, dynamic and globally competitive under the WTO regime by integrating it with the international ma
Published 21 May, 2004 12:00am
Financing scheme for small and medium level exporters outlined

Financing scheme for small and medium level exporters outlined

During a luncheon meeting the other day with the Executive Committee of Small and Medium Enterprises Association (SAMEA), headed by it's president Zafar Iqbal and a selected group of small and medium-level exporters, State Bank Governor Dr Ishrat Hussain
Published 21 May, 2004 12:00am
INTERNATIONAL TENDERS

INTERNATIONAL TENDERS

Export Promotion Bureau has received the following International Tenders from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details of Tenders from the addresses given or from EPB Head Quarters and its Region
Published 21 May, 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 21 May, 2004 12:00am