AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,707 Increased By 498.6 (0.65%)
KSE30 24,698 Increased By 260.2 (1.06%)
Print - 2004-12-17
US Stocks: Thursday's unofficial close

US Stocks: Thursday's unofficial close

US blue chips rose Thursday, boosted by Johnson & Johnson following its move to buy Guidant Corp, but market gains were limited after Goldman Sachs posted disappointing revenues. Deutsche Bank upgraded Johnson & Johnson to "buy" from "hold." Late on Wedn
Published 17 Dec, 2004 12:00am
Bonds: GUS credit protection leaps

Bonds: GUS credit protection leaps

The cost of credit protection for GUS leapt on Thursday after talk the British retailer may be the target of an 11 billion pound ($21.43 billion) bid, making it one of the few movers in the European credit market. Five-year credit default swaps for GUS ro
Published 17 Dec, 2004 12:00am
Bonds: GUS credit protection leaps

Bonds: GUS credit protection leaps

The cost of credit protection for GUS leapt on Thursday after talk the British retailer may be the target of an 11 billion pound ($21.43 billion) bid, making it one of the few movers in the European credit market. Five-year credit default swaps for GUS ro
Published 17 Dec, 2004 12:00am
Britain's top share index stays up as GUS gains

Britain's top share index stays up as GUS gains

Britain's leading share index notched a gain for the second session in a row, led by retailer GUS on bid speculation, while the wider retail sector, including Next, climbed after data showing a surprising jump in retail activity calmed fears that the cruc
Published 17 Dec, 2004 12:00am
Buba to announce gold sale decision

Buba to announce gold sale decision

The Bundesbank, the world's second largest holder of gold reserves, is expected to announce in coming days whether it will go ahead with selling bullion over the next five years. The German government is keenly interested in the Bundesbank's decision, as
Published 17 Dec, 2004 12:00am
EU wheat sowings up, other grains down

EU wheat sowings up, other grains down

French analyst Strategy Grains said on Thursday it expected the area sown with soft wheat in the EU-25 for the 2005 harvest to increase slightly but other grain sowings to fall from this year's levels. In its first estimate of sowings for the 2005/06 seas
Published 17 Dec, 2004 12:00am
Oil falls $1 from two-week high

Oil falls $1 from two-week high

Oil prices fell for the first time this week on Thursday, tumbling from a two-week high as traders took profits after the dramatic gains of Wednesday driven by renewed fears over fuel supplies for the northern winter. US light crude were down 84 cents at
Published 17 Dec, 2004 12:00am
Oil falls $1 from two-week high

Oil falls $1 from two-week high

Oil prices fell for the first time this week on Thursday, tumbling from a two-week high as traders took profits after the dramatic gains of Wednesday driven by renewed fears over fuel supplies for the northern winter. US light crude were down 84 cents at
Published 17 Dec, 2004 12:00am
London sugar futures down

London sugar futures down

London white sugar futures closed down 1.4 percent on heavy selling by funds against trade buying on Thursday, and the market looks vulnerable to further sales on Friday, traders said. March settled down $3.30 at $241.50 a tonne in volume of 4,934 lots, a
Published 17 Dec, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 17 Dec, 2004 12:00am
New York cotton

New York cotton

Wednesday's closing prices of New York cotton in US cents/lb.

Published 17 Dec, 2004 12:00am
New York cotton quietly firmer, may crawl higher

New York cotton quietly firmer, may crawl higher

Cotton futures closed with slight gains Thursday on speculative buying in subdued business, and fibre contracts may grind higher on follow-through interest before the weekend, analysts said. The key March cotton contract on the New York Board of Trade ros
Published 17 Dec, 2004 12:00am
London cocoa flat on currency movements

London cocoa flat on currency movements

London cocoa futures settled a tad softer on Thursday after a session of trading either side of unchanged on currency movements, dealers said. "Since last week movement has been associated with the dollar," one trader said. "Speculators bought about 2,000
Published 17 Dec, 2004 12:00am
Base metals end open-outcry session mixed

Base metals end open-outcry session mixed

Base metals ended Thursday's open-outcry session on the London Metal Exchange (LME) mixed, with price fluctuations largely influenced by dollar gyrations. Traders said gains and intra-day highs at midsession were prompted by a weaker dollar, with the US u
Published 17 Dec, 2004 12:00am
Gold stalls in Europe as US data boost dollar

Gold stalls in Europe as US data boost dollar

Gold lost ground in Europe on Thursday after data showed a narrower than expected US current account deficit, easing concern about the economy and boosting the dollar. Spot gold eased to $439.05/439.80 per troy ounce by 1540 GMT, from $440.35/441.10 quote
Published 17 Dec, 2004 12:00am
US MIDDAY: coffee slides on fund buying

US MIDDAY: coffee slides on fund buying

New York arabica coffee futures mostly sagged on Thursday as small fund buying at the start of the session met good producer selling just short of the most-active contract's high, dealers said. New York Board of Trade's most-active March arabica contract
Published 17 Dec, 2004 12:00am
US MIDDAY: cocoa down on arbitrage positions

US MIDDAY: cocoa down on arbitrage positions

New York cocoa futures eased Thursday, paring early gains on shifting arbitrage positions amid a turnaround in the value of the US currency against sterling, traders said. New York Board of Trade's most-active March cocoa contract dipped $13 to settle at
Published 17 Dec, 2004 12:00am
US MIDDAY: sugar softens on speculative sales

US MIDDAY: sugar softens on speculative sales

Raw sugar futures settled lower Thursday on speculative sales in quiet trade, and players feel the sweetener could gradually come off in the days ahead despite signs of increased cash business in the market. The New York Board of Trade's key March raw sug
Published 17 Dec, 2004 12:00am
US MIDDAY: wheat sags on technical signals

US MIDDAY: wheat sags on technical signals

Chicago Board of Trade wheat futures were lower at mid-session on Thursday as weak technical signals triggered light commission house selling, traders said. Wheat was 1/2 cent to 3 cents per bushel lower as of 10:55 am CST (1655 GMT), with March down 3 ce
Published 17 Dec, 2004 12:00am
US MIDDAY: corn weaker on export sales data

US MIDDAY: corn weaker on export sales data

Corn futures at the Chicago Board of Trade were mildly weaker early Thursday, pressured by disappointing export sales data, traders said. But prices were range-bound amid pre-holiday positioning before the year's end. Corn futures were 1/4 to 3/4 cent per
Published 17 Dec, 2004 12:00am
US MIDDAY: soyabeans climb on export sales

US MIDDAY: soyabeans climb on export sales

Soyabean futures at the Chicago Board of Trade climbed early Thursday, led by the January contract, amid bull spreading, traders said. Soyabean futures were 1 to 4 cents per bushel higher by 10:25 am CST (1525 GMT). January was up 4 cents at $5.50 and Mar
Published 17 Dec, 2004 12:00am
US MIDDAY: copper surges on profit taking

US MIDDAY: copper surges on profit taking

Copper futures surged to a two-week high early Thursday, taking their cue from the falling dollar, but as soon as the dollar picked up, traders said, copper's lofty levels proved too tempting for profit takers. As some players still looked to plump up pro
Published 17 Dec, 2004 12:00am
US MIDDAY: gold near $440

US MIDDAY: gold near $440

Gold futures slipped to around $440 an ounce as the dollar climbed on Thursday morning after a mixed batch of US economic data, with dealers saying thin trading conditions exacerbated the declines. As other precious metals fell with gold, palladium plunge
Published 17 Dec, 2004 12:00am
'Big dams to be built with consensus'

'Big dams to be built with consensus'

Minister for Information and Broadcasting Sheikh Rashid Ahmed has said big water reservoirs would be built with national consensus to overcome water shortage in the country. Talking with a private TV channel, the Information Minister said President Genera
Published 17 Dec, 2004 12:00am
Railways to provide wagons for dates' exports

Railways to provide wagons for dates' exports

Pakistan Railways (PR) Sukkur Division authorities have accepted the demand of exporters of dry-dates of Aqha Qadirdad Khan Zarai Market here for provision of sufficient goods wagons for transporting dry-dates to Lahore Railway Station for export to diffe
Published 17 Dec, 2004 12:00am
Pakistan and CERN to enhance technical co-operation

Pakistan and CERN to enhance technical co-operation

Mutually beneficial co-operation between European Organisation for Nuclear Research (Cern) and Pakistan is to be expanded to include more areas of science and technology (S&T) in coming years. This was stated by the Prime Minister's Special Advisor on Str
Published 17 Dec, 2004 12:00am
Fishermen observe hunger strike

Fishermen observe hunger strike

The members of 'Moriro Meerbahar Tahreek,' a non government organisation of fish workers, observed token hunger strike on Thursday in protest against the constant delay in release of fishermen detained in India and Pakistani jails. A group of men and wome
Published 17 Dec, 2004 12:00am
Thatta mills re-start crushing in 'no-cane' situation

Thatta mills re-start crushing in 'no-cane' situation

All the four sugar mills in Thatta, including Al-Asif Sugar Mill, Dewan Sugar Mill, Lar Sugar Mill and Shah Murad Sugar Mill, have re-started crushing in "no-cane" situation. These sugar mills started crushing on November 15, but due to non-availability o
Published 17 Dec, 2004 12:00am
RCCI terms rise in POL prices unjust

RCCI terms rise in POL prices unjust

Terming the recent increase in the petroleum prices as unjust, the Rawalpindi Chamber of Commerce and Industry (RCCI) has expressed deep concern and apprehensions over this rise in the petroleum products prices saying it will prove a disaster to industria
Published 17 Dec, 2004 12:00am
Sukkur barrage repair work to be completed by April 15

Sukkur barrage repair work to be completed by April 15

Forty percent work on one of the two cofferdams at Sukkur Barrage pond has been completed by the Frontier Works Organisation (FWO), while work on the other cofferdam is at the initial stage, and after their completion the massive operation in the bottom a
Published 17 Dec, 2004 12:00am
Installation of water purification systems demanded

Installation of water purification systems demanded

Government should install water purification systems (WPS) all over the country to ensure the provision of low cost, clean drinking water to the masses on priority basis. This was the demand presented by the Union of Small & Medium Enterprises (Unisame) i
Published 17 Dec, 2004 12:00am
Soomro to inaugurate Agriculture Conference on January 9

Soomro to inaugurate Agriculture Conference on January 9

Chairman Senate Mohammadmian Soomro will inaugurate an International Agriculture Conference-IAC 2005 co-sponsored by Sindh Agriculture Department and Ecommerce gateway here on January 9, 2005. "Soomro has assured his support for success of the conference,
Published 17 Dec, 2004 12:00am
'Discreet track-one talks between Pakistan-India underway'

'Discreet track-one talks between Pakistan-India underway'

Pakistan's Ambassador to the United States Jehangir Karamat has said on Wednesday evening that a composite Pakistan-India dialogue "is in progress" with the "direction and tone" set by summit level meetings "and backed by discreet bilateral track one talk
Published 17 Dec, 2004 12:00am
Curbs on loans

Curbs on loans

I have read the letter written by N.H. Najmi published in your newspapers, which is quite correct. It appears that the State Bank was correct to impose restrictions on all banks not to give advances or allow overdraft facilities for more than rupee one mi
Published 17 Dec, 2004 12:00am
PIA's business plan

PIA's business plan

PIA's corporate planning and marketing department must have submitted a " business plan", which would have shown revenue generation, to justify the huge investment incurred in the purchase of white-tail Boeing777s.
Published 17 Dec, 2004 12:00am
EU membership offers hope for conflict-weary Kurds in Turkey

EU membership offers hope for conflict-weary Kurds in Turkey

For 13 million plus Kurds living in Turkey's south-east, EU membership means a golden opportunity for more democracy in their conflict-weary region, where many fear a return of violence and unrest if Ankara is denied entry into the 25-nation bloc. The reg
Published 17 Dec, 2004 12:00am
What really ails agriculture

What really ails agriculture

A Business Recorder report from Islamabad (on December 13) about serious irregularities by officials of the Punjab Food Department in the release of wheat quota to the flour mills, has pointed to the looming fears of serious shortage of the commodi
Published 17 Dec, 2004 12:00am
Remarkable response to NRL's privatisation

Remarkable response to NRL's privatisation

The proposed privatisation of the state-owned National Refinery Limited (NRL), Karachi, according to news reports, has evoked an extraordinary response from as many as 29 reputable international and Pakistani companies, including a few financial instituti
Published 17 Dec, 2004 12:00am
Over Rs 80 million fetched through sale of attractive marks

Over Rs 80 million fetched through sale of attractive marks

An open auction of attractive registration marks of 'LZJ' series of commercial vehicles will be held here on Monday, December 20. Earlier, the auction was scheduled for December 14, but it was postponed due to some reasons. Now the auction will take place
Published 17 Dec, 2004 12:00am
LHC releases co-accused

LHC releases co-accused

A division bench of the Lahore High Court allowed the petition of National Accountability Bureau (NAB) and directed the authorities concerned to release Mateeul Haq, a co-accused, in a reference against an industrialist Mian Luqman. The NAB filed an appli
Published 17 Dec, 2004 12:00am
ICMAP seminar on December 18

ICMAP seminar on December 18

The Institute of Cost and Management Accountants of Pakistan (ICMAP) is organising a seminar on 'Textile Industry-Hurdles and Solutions through Cost Management' here on Saturday, December 18. Federal Minister for Textile, Mushtaq Ali Cheema will inaugurat
Published 17 Dec, 2004 12:00am
Butchers observe partial strike in Lahore

Butchers observe partial strike in Lahore

Butchers observed partial strike in the provincial metropolis on Thursday in protest against tax imposed by Allama Iqbal Town Administration on slaughtering of animals, while negotiations between butchers' representatives and Town Municipal Officer Allama
Published 17 Dec, 2004 12:00am
Education plan for psychiatric disorders on December 19

Education plan for psychiatric disorders on December 19

With a view to creating awareness among families of psychiatric patients, the Fatima Jinnah Medical College (FJMC) Lahore Department of Psychiatry in collaboration with the World Psychiatric Association (WPA) and Lahore Arts Council is holding a community
Published 17 Dec, 2004 12:00am
90 percent of world's blind live in developing countries

90 percent of world's blind live in developing countries

Punjab Minister for Health, Dr Tahir Ali Javed has expressed the hope that blindness would be completely wiped out from the country in 2020. While addressing the inaugural ceremony of newly installed medical equipment in Eye Department of Sir Ganga Ram Ho
Published 17 Dec, 2004 12:00am
Aggressive strategy needed to face WTO challenges: LCCI chief

Aggressive strategy needed to face WTO challenges: LCCI chief

There was a need for an aggressive strategy aimed at greater market access and innovation at national level to cope with WTO challenges, which was now just two weeks away. LCCI President Mian Misbahur Rehman expressed these views while speaking at a semin
Published 17 Dec, 2004 12:00am
Piaf resents hike in petroleum prices

Piaf resents hike in petroleum prices

Sharp rise in the prices of petroleum products would put an unbearable burden on the industry as well as general public, said Chairman Pakistan Industrial Trader Associations Front (Piaf) Mohammad Ali Mian here on Thursday. In a statement, Mian further sa
Published 17 Dec, 2004 12:00am
Hearing put off in election petition

Hearing put off in election petition

The Lahore High Court (LHC) on Thursday adjourned to January 25, the proceedings in an election petition against Prime Minister of Pakistan Shaukat Aziz and called for reply in the petition. The petitioner Engineer Jamil also prayed to the court to allow
Published 17 Dec, 2004 12:00am
Qazi vows to continue agitation move

Qazi vows to continue agitation move

Muttahida Majlis-i-Amal (MMA) Chief, Qazi Hussain Ahmad has vowed to continue ongoing MMA's agitation movement against the government. While addressing a press conference here on Thursday, Qazi said that an important announcement would be made in the alli
Published 17 Dec, 2004 12:00am
Corrupt elements not to be spared: Punjab chief minister

Corrupt elements not to be spared: Punjab chief minister

Punjab Chief Minister, Chaudhry, Pervaiz Elahi on Thursday said that he has taken strict notice of the reports regarding corruption and embezzlement of funds in city district government and investigations to unearth the facts have been initiated. He said
Published 17 Dec, 2004 12:00am
United Panel favours SECP model of demutualisation

United Panel favours SECP model of demutualisation

The candidates of United Panel in the forthcoming LSE polls on Thursday said they will work for betterment of Lahore Stock Exchange (LSE), and also vowed to support Securities and Exchange Commission of Pakistan (SECP) model for integration and demutualis
Published 17 Dec, 2004 12:00am
First Haj flight from Lahore leaves for Jeddah

First Haj flight from Lahore leaves for Jeddah

The first Haj flight of Pakistan International Airlines 'PK-1301' from Lahore on Thursday left for Jeddah at 12:40 pm, with 456 pilgrims on board. Punjab Chief Minister Chaudhry, Pervaiz Elahi saw off the Haj pilgrims. Chairman PIA Chaudhry, Ahmed Saeed,
Published 17 Dec, 2004 12:00am
Transporters stage protest demonstration in NWFP

Transporters stage protest demonstration in NWFP

Transporters and transport workers of NWFP on Thursday staged a protest demonstration in front of Peshawar Press Club (PPC) against the burning and damaging two buses by students and residents of Rawat, Islamabad. President, Sarhad Transport Workers Confe
Published 17 Dec, 2004 12:00am
English compulsory for entry test in professional colleges

English compulsory for entry test in professional colleges

The 11th meeting of the NWFP Education Testing and Evaluation Authority (ETEA), which met with the NWFP Governor Lieutenant General Syed Iftikhar Hussain Shah (Retd) in the chair at Governor's House here on Wednesday have waived off the limit of chances f
Published 17 Dec, 2004 12:00am
Ada Jafari selected for Academy of Letters award

Ada Jafari selected for Academy of Letters award

Renowned Urdu poetess Ada Jafari has been selected for Pakistan Academy of Letters award for the year 2003. Her selection was made by a panel of judges comprising Shareef Kunjahi, Mushfique Khawaja, Professor Fatah Malik, Dr Saleem, Dr Anwar, Nimatullah a
Published 17 Dec, 2004 12:00am
Training workshop

Training workshop

Punjab University (PU) acting vice-chancellor, Professor Azhar Ikram Ahmad on Thursday distributed certificates among the participants of training workshop on 'Library Automation of Scientific and Technological Organisations'. As many as 39 participants f
Published 17 Dec, 2004 12:00am
LHC moved for issuance of small coins

LHC moved for issuance of small coins

A local lawyer on Thursday filed writ petition to the Lahore High Court against the non availability of small coins of the denomination of 5 paisa, 10 paisa and 50 paisa in the market. M.D. Tahir advocate in his petition submitted that the shopkeepers do
Published 17 Dec, 2004 12:00am
Rauf Khan posted Joint Secretary, Ministry of Communication

Rauf Khan posted Joint Secretary, Ministry of Communication

Abdul Rauf Khan an officer of Secretariat Group (BS-20) has been posted as Joint Secretary, Ministry of Communication, says an official notification here on Thursday. Rauf Khan has vast experience of public service in the ministry establishment, railways,
Published 17 Dec, 2004 12:00am
Corporate governance: KSE managing director made FEAS task force chief

Corporate governance: KSE managing director made FEAS task force chief

The Executive Committee of the Federation of Euro-Asian Stock Exchanges (FEAS) formed a Task Force on corporate governance, which will be led by Karachi Stock Exchange (KSE) Managing Director Moin M. Fudda. The Committee acknowledged the major initiatives
Published 17 Dec, 2004 12:00am
ADB reviews SME development programme

ADB reviews SME development programme

Asian Development Bank (ADB) made a review of the SME Sector Development Programme to be run in collaboration with the Small and Medium Enterprises Development Authority (Smeda). According to a Smeda's spokesman here on Thursday, Rainer Hartel, a senior o
Published 17 Dec, 2004 12:00am
'ZTBL will serve as catalyst to promote micro-finance sector'

'ZTBL will serve as catalyst to promote micro-finance sector'

Zarai Tarraqiati Bank Limited (ZTBL), after its restructuring, would serve as a catalyst to promote micro-finance sector in addition to its conventional lending regime. ZTBL President Istaqbal Mehdi stated this, while presiding over Business Breakfast Tal
Published 17 Dec, 2004 12:00am
Saarc ministers pledge to ensure free flow of information

Saarc ministers pledge to ensure free flow of information

Saarc information ministers pledged to ensure free flow of information, newspapers, books and other publications among the member countries. They also agreed to have reduced postal and telecommunication rates for media transmission. At their fourth meetin
Published 17 Dec, 2004 12:00am
The Weather

The Weather

The weather report on Thursday (December 16) and the forecast for Friday (December 17, 2004).
Published 17 Dec, 2004 12:00am
PFBA granted UCCIFE membership

PFBA granted UCCIFE membership

The governing body of the Union of the French Chambers of Commerce and Industry Abroad (UCCIFE), Paris, France, unanimously approved Pakistan France Business Alliance (PFBA) membership. The decision was taken on account of the PFBA contribution in promoti
Published 17 Dec, 2004 12:00am
Key stock market movements at 1800 GMT on December 16

Key stock market movements at 1800 GMT on December 16

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 17 Dec, 2004 12:00am
International Customs Management Wing set up

International Customs Management Wing set up

The Central Board of Revenue (CBR) has set up a separate International Customs Management (ICM) Wing for enforcement of custom laws to facilitate traders under the WTO regime as well as helping the Saarc customs authorities in interacting freely for promo
Published 17 Dec, 2004 12:00am
PVTC to introduce new courses

PVTC to introduce new courses

Chairman Punjab Vocational Training Council (PVTC), Sikandar Mustafa Khan has said that demand-driven courses for each vocational training institute (VTI) in the province had proved a key factor in the success of PVTC. Addressing a meeting here on Thursda
Published 17 Dec, 2004 12:00am
Businessmen Panel sweeps FPCCI polls from NWFP

Businessmen Panel sweeps FPCCI polls from NWFP

The group of the president of Tribal Area Chamber of Commerce & Industry (TACCI), Haji Ghulam Ali and well-known industrialist Faiz Rasool Khan won nine out of 11 seats reserved for NWFP in the biennial elections of the Federation of Pakistan Chamber of C
Published 17 Dec, 2004 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (December 16, 2004).

Published 17 Dec, 2004 12:00am
OPF incurred Rs 579.360 million loss in 2003: AGP report

OPF incurred Rs 579.360 million loss in 2003: AGP report

Overseas Pakistani Foundation (OPF), an organisation to facilitate Pakistanis living abroad-has incurred an accumulated loss of Rs 579.360 million in 2003 mainly due to the corrupt practices and weak financial management. This was revealed in the Auditor
Published 17 Dec, 2004 12:00am
'Development of livestock vital to boost economy'

'Development of livestock vital to boost economy'

Integrated efforts are imperative to bring together livestock development activities to attain required pace of progress and achieve the goals of national economy. The exploitation of the enormous potential is a must in land fisheries sector and in livest
Published 17 Dec, 2004 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 16, 2004).

Published 17 Dec, 2004 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Thursday (December 16) and for Friday (December 17, 2004).
Published 17 Dec, 2004 12:00am
Federal government approached to save KESC employee's life

Federal government approached to save KESC employee's life

Karachi Electric Supply Corporation (KESC) has requested the federal government on Thursday to provide treatment facility to Noman Sami, a 27-year-old contract employee, of the corporation who is suffering from bronchiectasis and respiratory tract infecti
Published 17 Dec, 2004 12:00am
Present parliament non-functional: Benazir

Present parliament non-functional: Benazir

The former Prime Minister and the chairperson of the PPP Benazir Bhutto said this is not the issue that elections should be held in 2005 or 2007 but the question is to see when the military government shifts power to a civilian and democratic government.
Published 17 Dec, 2004 12:00am
AMPAM's annual directory published

AMPAM's annual directory published

The first edition of the Annual Directory 2004 of the Association of Manufacturers of Ports for Auto Rickshaw and Motorcycles (AMPAM) members has been published, a press release of the association issued here on Thursday said. The directory is an attempt
Published 17 Dec, 2004 12:00am
Pakistan and China to establish banking ties

Pakistan and China to establish banking ties

Advisor to Prime Minister on Finance Dr Salman Shah met China Banking Regulatory Commission (CBRC) vice-chairman Shi Ji Liang at its Headquarters here on Wednesday. The two sides agreed that enhancement of the trade relations between the two countries nee
Published 17 Dec, 2004 12:00am
Political parties asked to stay away from military rulers

Political parties asked to stay away from military rulers

Human Rights Commission of Pakistan former chairperson and supreme court lawyer Asma Jehangir has said if President Pervez Musharraf was proud of his popularity, he should contest the polls directly to prove it. While speaking in a seminar on "KESC and Vi
Published 17 Dec, 2004 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 16, 2004).

Published 17 Dec, 2004 12:00am
Pakistan and India to set up environment control board

Pakistan and India to set up environment control board

Advisor to Sindh Chief Minister on Environment and Alternate Energy, Mohammad Noman Saigal on Wednesday said Pakistan and India have agreed to set up a joint Environment Control Board to effectively address environment issues facing the two countries. Thi
Published 17 Dec, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 16, 2004).

Published 17 Dec, 2004 12:00am
MMA urges political parties to unite against Musharraf

MMA urges political parties to unite against Musharraf

Muttahida Majlis-i-Amal (MMA) central leader and Jamaat Islami General Secretary Syed Munawar Hassan has asked all the political parties of Pakistan to get united on one point agenda to remove General Musharraf. Addressing Hyderabad District Bar here on T
Published 17 Dec, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 16, 2004).

Published 17 Dec, 2004 12:00am
Zardari files petition against Sindh government

Zardari files petition against Sindh government

Ex-Senator and spouse of former prime minister Benazir Bhutto, Asif Ali Zardari on Thursday filed constitutional petition in Sindh High Court against refusal of Sindh government in providing security, licensed weapons and allowing him to move in vehicle w
Published 17 Dec, 2004 12:00am
French firms invited to participate in Expo-Pakistan

French firms invited to participate in Expo-Pakistan

Minister of State and Export Promotion Bureau Chairman Tariq Ikram held a series of meetings here on Wednesday with leading French businessmen in an effort to inform them of Pakistan's export products. He apprised them of the salient features of the 'Expo
Published 17 Dec, 2004 12:00am