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Print - 2004-06-24
PTD contradicts news item

PTD contradicts news item

A spokesman of the Punjab Transport Department (PTD) has contradicted a news item appeared in a section of press giving an impression that "the delegation of Asian Development Bank (ADB) has shown dissatisfaction over the performance of PTD and City Distr
Published 24 Jun, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (June 23, 2004)
Published 24 Jun, 2004 12:00am
Sozo Park opens at Murree

Sozo Park opens at Murree

Chief Executive Somansi Adventure Park, Lower Topa, Murree Sohail Lashari revealed that Recreation Private Limited, which was a sister Sozo Water Park, had opened Sozo Adventure Park at Lower Topa, Murree with a cost of Rs 30 million on BoT basis.
Published 24 Jun, 2004 12:00am
Seminar on stress management on June 26

Seminar on stress management on June 26

Shaukat Khanum Memorial Cancer Hospital and Research Centre is organising one-day seminar on 'Stress Management' on Saturday, June 26.
Published 24 Jun, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (June 23, 2004).
Published 24 Jun, 2004 12:00am
Piaf seeks cut in duty on tin plates

Piaf seeks cut in duty on tin plates

Pakistan Industrial & Traders Associations Front (Piaf) has urged the government to bring down import duty on tin plates from 25 percent to 10 percent, to ensure availability of cheaper packing material.
Published 24 Jun, 2004 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (June 23, 2004).
Published 24 Jun, 2004 12:00am
Problems of paper importers to be resolved: FPCCI

Problems of paper importers to be resolved: FPCCI

Haji Muhammad Yaqoob, member managing committee of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has assured the importers of paper that all the problems faced by them will soon be addressed.
Published 24 Jun, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (June 23, 2004).
Published 24 Jun, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Wednesday (June 23) and rates for Thursday (June 24, 2004).
Published 24 Jun, 2004 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced the offer and bid price per unit for the following funds effective from Thursday, June 24, 2004.
Published 24 Jun, 2004 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced the offer and bid price per unit for the following funds effective from Thursday, June 24, 2004.
Published 24 Jun, 2004 12:00am
The Founders delegation leaves for Sri Lanka

The Founders delegation leaves for Sri Lanka

An eight-member delegation of The Founders at the Lahore Chamber of Commerce and Industry (LCCI) has left for Sri Lanka, says a press release issued here on Wednesday.
Published 24 Jun, 2004 12:00am
NJLI Managed Fund prices

NJLI Managed Fund prices

New Jubilee Life Insurance Company (Formerly Commercial Union Life Assurance Company (Pakistan) Ltd) has announced the offer and bid price per unit for the following funds effective from Thursday, June 24, 2004.
Published 24 Jun, 2004 12:00am
One-year extension for freight subsidy sought

One-year extension for freight subsidy sought

The steering committee on freight subsidy has recommended to the Ministry of Commerce (MoC) to extend the deadline for freight subsidy, which expires on June 30, may be extended for a year.
Published 24 Jun, 2004 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (June 23, 2004).
Published 24 Jun, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (June 23, 2004).
Published 24 Jun, 2004 12:00am
Supreme Court bench returns Zardari bail plea to chief justice

Supreme Court bench returns Zardari bail plea to chief justice

A Division Bench of the Supreme Court on Wednesday returned to the Chief Justice Nazim Hussain Siddiqui a plea for bail moved on behalf of former Federal Minister Asif Ali Zardari with the request that it should be assigned to a bench constituted afresh f
Published 24 Jun, 2004 12:00am
Experts to continue meeting on nuclear CBMs: foreign office

Experts to continue meeting on nuclear CBMs: foreign office

The Foreign Office spokesman on Wednesday said that experts from Pakistan and India would keep meeting periodically to continue their discussions on nuclear confidence building measures. The idea, he said, was to sustain the process and gain positive resu
Published 24 Jun, 2004 12:00am
MNA sworn in

MNA sworn in

Waqas Akram, elected Member of National Assembly (MNA) through by-election from Jhang, took oath on Wednesday in the house.
Published 24 Jun, 2004 12:00am
THE RUPEE: dollar up sharply in interbank market

THE RUPEE: dollar up sharply in interbank market

Sharp erosion in the gap of the official and open market rates might strengthen the dollar further in the coming days and also help improve the remittances from overseas Pakistanis, currency market experts said on Wednesday.
Published 24 Jun, 2004 12:00am
THE RUPEE: dollar up sharply in interbank market

THE RUPEE: dollar up sharply in interbank market

Sharp erosion in the gap of the official and open market rates might strengthen the dollar further in the coming days and also help improve the remittances from overseas Pakistanis, currency market experts said on Wednesday.
Published 24 Jun, 2004 12:00am
Jamali enjoying party, allies' support

Jamali enjoying party, allies' support

Prime Minister Mir Zafarullah Khan Jamali said on Tuesday that he enjoyed full support of his party Pakistan Muslim League (PML) and its allies, and rumours about change of government was nothing but a "political kite-flying".
Published 24 Jun, 2004 12:00am
Rain over upper catchment of rivers forecast

Rain over upper catchment of rivers forecast

As westerly wave over Kashmir has moved further eastward, and is still affecting Kashmir and adjoining Punjab, weather experts have forecast light to moderate rains over upper catchment of all main rivers during the next 24 hours. According to local met o
Published 24 Jun, 2004 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Wednesday (June 23, 2004).
Published 24 Jun, 2004 12:00am
JKDF chief's son shot dead in Canada

JKDF chief's son shot dead in Canada

Younger son of Pandit Bushan Bazaz, Chairman, Jammu and Kashmir Democratic Front (JKDF), Gaurav Bazaz has been shot dead in his office in Toronto (Canada).
Published 24 Jun, 2004 12:00am
Pakistan, other Saarc states join hands at musical feast

Pakistan, other Saarc states join hands at musical feast

The five of the seven South Asian countries and members of the South Asian Association for Regional Co-operation (Saarc), including Pakistan, were represented in Washington on Monday evening at a cultural programme.
Published 24 Jun, 2004 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 24 Jun, 2004 12:00am
Pak-India talks on nuclear CBMs lauded

Pak-India talks on nuclear CBMs lauded

Japan, Thailand and China have lauded the peace process between Pakistan and India, particularly the dialogue on Nuclear Confidence Building Measures (CBMs), hoping it would lead to a durable peace and security in the region.
Published 24 Jun, 2004 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.
Published 24 Jun, 2004 12:00am
PPP MPA takes MMA to task over net profit uncapping

PPP MPA takes MMA to task over net profit uncapping

The PPP parliamentary leader in NWFP Assembly on Wednesday took to task the MMA provincial government and its MPAs for discrediting all previous governments for lacking efforts in uncapping the net profit on hydel generation by federal government.
Published 24 Jun, 2004 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.
Published 24 Jun, 2004 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Wednesday (June 23, 2004).
Published 24 Jun, 2004 12:00am
NWFP Assembly calls for implementing wage award

NWFP Assembly calls for implementing wage award

The NWFP Assembly on Wednesday once again called for the implementation of the 7th Wage Board Award in the newspaper industry, and stoppage of the campaign of the publishing of advertisements against it in the newspapers forthwith.
Published 24 Jun, 2004 12:00am
Anomalies body set up

Anomalies body set up

The government on Wednesday constituted the anomalies committee, headed by Naved Ahsan, Secretary, Finance, and decided to receive anomalies from stake holders up to June 30, 2004.
Published 24 Jun, 2004 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.
Published 24 Jun, 2004 12:00am
AIOU cancels BA English paper

AIOU cancels BA English paper

After receiving some surreptitious information, the Allama Iqbal Open University (AIOU) on Wednesday cancelled the English paper of Bachelor of Arts.
Published 24 Jun, 2004 12:00am
Jehangir Road improvement work begins

Jehangir Road improvement work begins

The City District Government of Karachi (CDGK) on Wednesday has started improvement and rehabilitation of Jehangir Road from Gurumandir to Teen Hatti.
Published 24 Jun, 2004 12:00am
$500 million US debt write-off accord to be signed on June 28

$500 million US debt write-off accord to be signed on June 28

The government is going to sign an agreement on Monday next for writing off of around $500 million debt out of the remaining $2 billion debt owed by Pakistan to US leaving the total debt to around $1.5 billion.
Published 24 Jun, 2004 12:00am
Sindh MPAs flay certain budget allocations

Sindh MPAs flay certain budget allocations

Sindh Assembly members discussing provincial budget 2004-5 said that priorities for the allocation of funds in different heads were seemingly misleading and difficult to rationalise and justify.
Published 24 Jun, 2004 12:00am
Punjab announces 16 percent increase in pensions

Punjab announces 16 percent increase in pensions

Punjab Finance Minister Hasnain Bahadur Dareshak announced 16 percent increase for pensioners who retired before 1994 and 8 percent increase for those who retired after 1994 effective from July 1, 2004, in the province.
Published 24 Jun, 2004 12:00am
Power transmission towers blown up

Power transmission towers blown up

Some unknown miscreants blew up tower 698 of 500 KV Guddu-Dadu Circuit No 1 and tower 91 of 500 KV Guddu Circuit No 2 on Wednesday at 6:05 am simultaneously, said a Wapda's spokesman.
Published 24 Jun, 2004 12:00am
Pakistani Dental Surgeon honoured

Pakistani Dental Surgeon honoured

Dr Mahmood Shah of Karachi has been elected vice-president of the prestigious Asia Pacific Dental Federation (APDF).
Published 24 Jun, 2004 12:00am
'No protection to pesticide manufacturers in budget'

'No protection to pesticide manufacturers in budget'

The farming community is uncertain over the incentives announced in the federal budget for the financial year 2004-05, as the government has not incorporated those proposals, which were necessary to enhance agriculture production and improve living standa
Published 24 Jun, 2004 12:00am
Rockets fired at FC post in Wana: ISPR

Rockets fired at FC post in Wana: ISPR

Miscreants on Wednesday fired rockets at a Frontier Corps camp in Razmak on Tuesday night, however there was no loss of life or damage to property, ISPR said.
Published 24 Jun, 2004 12:00am
SSGC inks MoU with Suparco for satellite image

SSGC inks MoU with Suparco for satellite image

The Sui Southern Gas Company has inked a Memorandum of Understanding (MoU) with Suparco for the procurement of 'Digital Scenes of SPOT-5 Satellite' (2.5 m resolution, black & white) covering company's transmission and distribution network for its GIS Proj
Published 24 Jun, 2004 12:00am
People suffer due to CDA's uncanny allotment policy

People suffer due to CDA's uncanny allotment policy

Allotment of about 1095 plots in I-9 and I-10 industrial estates against the total 1030 planned earlier by the Capital Development Authority (CDA) would compound problems for adjacent residential sectors.
Published 24 Jun, 2004 12:00am
Charged car-parking: illegal collectors disappear

Charged car-parking: illegal collectors disappear

Illegal collectors of charged car-parking fee disappeared from many sideroads in the city on Wednesday following the appearance of news stories in the newspaper about their activities.
Published 24 Jun, 2004 12:00am
Cottage industrial area proposed

Cottage industrial area proposed

All Pakistan Cottage Industries and Small Traders Welfare Association and Convenor LCCI Standing Committee for Cottage Industry, Ghulam Sarwar Malik has urged the government to devise a workable and effective strategy to make the country's cottage industr
Published 24 Jun, 2004 12:00am
Rangers and BSF discuss security issues

Rangers and BSF discuss security issues

Formal talks between the Pakistan Rangers (Sindh) and Indian Border Security Force (BSF) were held on Wednesday in Khokharapar near Pakistan-India border.
Published 24 Jun, 2004 12:00am
National Assembly speaker changes ruling

National Assembly speaker changes ruling

The Speaker National Assembly, Chaudhry Amir Hussain, on Wednesday changed his ruling to avoid embarrassment at the hands of opposition.
Published 24 Jun, 2004 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

In the Baghdad of yore years Shehrzad had to tell a story, never told before, every night to be able to survive another night. That perhaps is the lot of the hacks who cover the Byzantine politics of Pakistan and the role its chameleon players act out.
Published 24 Jun, 2004 12:00am
Plans under way for Chaman to Kandahar rail link

Plans under way for Chaman to Kandahar rail link

The government has confirmed that plans are under way to extend Pakistan Railways from Chaman to Afghan city Kandhar; rather a station or two beyond it. It is targeted for completion by 2008.
Published 24 Jun, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 23, 2004).
Published 24 Jun, 2004 12:00am
9,514 tons copper produced from Saindak, National Assembly told

9,514 tons copper produced from Saindak, National Assembly told

The National Assembly was informed on Wednesday that MCC Resource Development Company Limited (MRDL) of China has produced 9,514 tons blister copper having about 32,000 ounces of gold from Saindak project since August 2003.
Published 24 Jun, 2004 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Wednesday (June 23, 2004).
Published 24 Jun, 2004 12:00am
PIA assets at Rs 72.2 billion

PIA assets at Rs 72.2 billion

Defence Minister Sikandar Iqbal told the National Assembly in a written statement on Wednesday that total value of the assets of Pakistan International Airlines stood at Rs 72,200 million.
Published 24 Jun, 2004 12:00am