News Archives for Print - 2004-12-19

Pak exhibitions in Latin American states next year

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) will organise 'Made-in-Pakistan' exhibition in Brazil, Argentina and Mexico early next year, where Pakistan's exportable goods will be displayed and put on spot sale. This was stated by Arsh

Published 19 Dec, 2004 12:00am

Transfusion moot calls for safe blood to root out diseases

The first ever conference on 'Transfusion Medicine and Blood Banking' in Pakistan, involving the Saarc countries along with other international participants, was organised by Husaini Blood Bank, a project of the 'Husaini Haematology and Oncology Trust' he

Published 19 Dec, 2004 12:00am

Human rights moot on December 21

Human Rights Regional Directorate Lahore is organising a seminar on the 'Role of the government in promotion and protection of Human Rights in the country' here on Tuesday (December 21).

Published 19 Dec, 2004 12:00am

Sindh governor calls for effective communication skills in students

Sindh Governor Dr Ishratul Ibad has stressed the need for effective communication skills in students passing out from universities and other institutions of higher learning. Addressing a high-level meeting at the Governor House here, he pointed out that s

Published 19 Dec, 2004 12:00am

PTA resents increase in petroleum prices

The Pakistan Tanners Association (PTA) has said that the 7 percent increase in petroleum prices would adversely affect the country's export drive ahead of the WTO free trade regime beginning from January. The PTA chairman Khawaja Yousuf said on Saturday t

Published 19 Dec, 2004 12:00am

Post-WTO regime: textile industry urged to focus on value addition

Speakers at a seminar on 'Textile Industry: Hurdles and Solution-through Cost Management' have stressed the need for ensuring good produce of cotton in terms of both quality and quantity to reap maximum benefits from opportunities arising out as a result

Published 19 Dec, 2004 12:00am

Military rulers must realise ground realities: Baloch

Terming the uniform of President Musharraf, Muttahida Majlis-i-Amal (MMA) Deputy Secretary General Liaqat Baloch said if Musharraf keeps the COAS slot along with Presidency after December 31, it will over burden on the nation. Talking to newsmen here on S

Published 19 Dec, 2004 12:00am

Person can't be a judge of his own cause: FSC ruling

The Federal Shariat Court (FSC) has ruled that a person cannot be a judge of his own cause and observed that the adjudicating authority must be independent and should not be the one who himself is directly or indirectly party to the case or who has delive

Published 19 Dec, 2004 12:00am

Pakistan ranked 135th on gender development index

World Population Foundation programme manager Dr Raana Zahid said that Pakistan is currently ranked 135th out of 147 countries on the United Nations Development Programme's (UNDP) Gender Development Index (GDI) and the situation needs to be ratified for r

Published 19 Dec, 2004 12:00am

Sindh Assembly to meet on December 24

Sindh Governor Dr Ishrat-ul-Ebad Khan has summoned the Sindh provincial Assembly to meet on December 24, at 9:00 am in the Sindh Assembly Building here, says an official statement here on Saturday.

Published 19 Dec, 2004 12:00am

ZAFA's branded generic facility inaugurated

The Federal Health Minister Muhammad Naseer Khan on Saturday inaugurated ZAFA's Branded Generic Facility at Sohrab Goth Karachi. The ceremony was attended by a large number of businessmen, government officials, and representatives from various pharma comp

Published 19 Dec, 2004 12:00am

Ejaz Shafi's death condoled

Leading industrialist and Pakistan Muslim League (Nawaz) leader Ejaz Shafi, who was laid to rest at Karachi, a day earlier left behind two sons, two daughters, a widow and hundred of thousands of well-wishers in political, business and industry circles.

Published 19 Dec, 2004 12:00am

'Livestock sector can reduce poverty'

The Punjab Parliamentary Secretary for Livestock and Dairy Development, Ch. Khalid Mahmood Nabi, has said the livestock sector has great potential to alleviate poverty, apart from boosting the national economy. Addressing a national seminar on the topic o

Published 19 Dec, 2004 12:00am

Time is ripe for Kashmir resolution: Rashid

Information Minister Sheikh Rashid Ahmed on Saturday said the time was right for the resolution of Kashmir issue and urged the Indian leadership to seize the opportunity. Addressing a gathering on the 37th death anniversary of Kashmiri leader Chaudhry Ghu

Published 19 Dec, 2004 12:00am

Cybernet starts IT solution service for SMEs

The country's largest Internet service provider, Cybernet has launched a new service of Information Technology (IT) infrastructure solutions for Small and Medium Enterprises (SMEs) sector. The company has designed a package named "Cyber SME" for those SME

Published 19 Dec, 2004 12:00am

SME sector concerned over denial of access to credit

SME sector is being denied access to credit and overshadowed by the large corporate sector. Various stakeholders of the SME sector echoed these concerns in a workshop organised by the Union of Small & Medium Enterprises (Unisame) here on Friday.

Published 19 Dec, 2004 12:00am

MMA holds rally in Rawalpindi today

The Muttahida Majlis-i-Amal is holding a rally in Rawalpindi tomorrow (December 19) to mount pressure on President Pervez Musharraf to doff his uniform by December 31. MMA will unveil its next phase of agitation against President Musharraf at its Supreme

Published 19 Dec, 2004 12:00am

Pakistan for addressing root causes of terrorism

Pakistan has called upon the world community to devise a strategy to address the root causes of terrorism. Pakistan Ambassador to the United Nations Munir Akram, speaking at the UN Security Council on Saturday, said: "We must include ways to address the l

Published 19 Dec, 2004 12:00am

APNS asks government to take note of ITNE chief's misconduct

The All Pakistan Newspapers Society in a statement has said that the Chairman ITNE, Haq Nawaz Gandapur, an appointee of the Federal Government "is consistently harassing the newspaper establishments and has now issued warrants of arrest which were served

Published 19 Dec, 2004 12:00am

Nespak to finalise report on road link with Tajikistan

Federal Minister for Water and Power, Liaquat Ali Jatoi has asked the National Engineering Services Pakistan (Nespak) to finalise the feasibility report for establishing road link between Pakistan and Tajikistan at the earliest and submit it for approval

Published 19 Dec, 2004 12:00am

World Bank team meets Sindh minister

A World Bank mission held a wrap up meeting with the Sindh Senior Minister Syed Sardar Ahmed here on Saturday. The Mission comprised 14 members led by World Bank Senior Economist Dr Hanid Mukhtar and consisted of many sector specialists, economists and co

Published 19 Dec, 2004 12:00am

14 injured as coach overturns

Fourteen people were injured as a passenger coach overturned here on Sariab Road on Saturday due to over speeding, police said. The incident occurred when the driver tried to save a bicyclist. The coach had just departed for Turbat from Quetta. Police rus

Published 19 Dec, 2004 12:00am

Need stressed for promotion of education

Stressing the need of consolidated efforts for progress and prosperity of the country, Dr Abdul Hafeez Shaikh, Federal Minister for Privatisation, said here on Saturday that every individual should focus on promotion of education and eradication of illite

Published 19 Dec, 2004 12:00am

French team attends armament body meeting

French delegation of Directorate General of Armament visited Pakistan to participate in the 6th meeting of the Franco-Pakistani Armament Committee, which was held here from December 16 to 18. The meeting was co-chaired by Defence Production Secretary Air

Published 19 Dec, 2004 12:00am

MMA demands restoration of religion column in MRPs

The Muttahida Majlis-i-Amal's all parties conference (APC) on Saturday demanded restoration of the religion column in the machine-readable passport, saying otherwise they will resort to countrywide agitation. MMA had invited PPPP, Pakistan Muslim league (

Published 19 Dec, 2004 12:00am

TMA hails 15 percent extra quota for US

The Towel Manufacturers Association (TMA) has welcomed 15 percent additional quota in all the categories for the US which would facilitate the exporters to clear their embargoed goods. TMA patron-in-chief S M A Rizvi said in a statement the goods were ove

Published 19 Dec, 2004 12:00am

'MPs visit to help carry forward peace process'

National Assembly Speaker, Chaudhry Amir Hussain on Saturday said that the visit of Pakistani parliamentarians to India will help provide an impetus in taking the ongoing peace process forward between the two countries. Earlier, Speaker National Assembly,

Published 19 Dec, 2004 12:00am

Foreign firms interested in Pakistan Steel revamping

The Austrian based company, M/s VAI has offered 85 percent of the finances for the revamping and expansion projects of Pakistan Steel at less than 4 percent interest rate. While the Consortium of Ukrainian Industries has also shown keen interest to compet

Published 19 Dec, 2004 12:00am

ARD and MMA urged to make protest move more effective

Alliance for Restoration of Democracy (ARD) and Muttahida Majlis-i-Amal (MMA) should change their protest strategy against the dictatorial regime so as to make it more effective. PML-N Secretary General Khawaja Saad Rafique expressed these views in a pres

Published 19 Dec, 2004 12:00am

Top priority given to oil and gas exploration: minister

Minister of State for Petroleum and Natural Resources, Muhammad Naseer Khan Mengal said that the government is giving top priority to oil, gas and mineral exploration assessing present reserves will come under serious pressure by the year 2010.

Published 19 Dec, 2004 12:00am

PPCBL gets RCBA membership

The Regional Co-operative Banking Association (RCBA) of International Co-operative Alliance for Asia and Pacific has approved the membership of Punjab Provincial Co-operative Bank Limited (PPCBL). The approval was accorded at the recently held meeting of

Published 19 Dec, 2004 12:00am

Pakistan and Netherlands discuss trade ties

Commerce Minister Humayun Akhtar Khan on Saturday held a meeting with his Dutch counterpart Ms C.E.G. Van Gennip at The Hague The Netherlands, and discussed issues of mutual interest, including bilateral trade relations. Pakistan's Ambassador to The Nethe

Published 19 Dec, 2004 12:00am

Supreme Court summons AG in rowdyism review visit plea

The echo of now forgotten rowdyism in the Supreme Court by supporters of former prime minister Nawaz Sharif was heard before the Larger Bench here on Friday when a request for review visit by the convicts came up for hearing. The petition for review of th

Published 19 Dec, 2004 12:00am

Crackdown against illegal immigrants in Islamabad

Islamabad Capital Territory Police have started operation against illegal foreigners, including Afghan nationals, living in different slum dwellings and sectors of the federal capital, reliable sources told Business Recorder here on Saturday.

Published 19 Dec, 2004 12:00am

'Enjoy life with positive approach'

Life is wonderful, beautiful, and a blessing, which can only be enjoyed with positive approach, healthy lifestyle and by extending helping hand to the needy. These were the views expressed by known political activist Riaz Ahmad Malik popularly known as Ma

Published 19 Dec, 2004 12:00am

World Bank team apprised of EOBI's investment performance

EOBI's investment advisor and director general Farooq A. Awan, CFA gave a comprehensive briefing to a World Bank visiting mission at the World Bank country office at Islamabad. The mission is carrying out a debt market development assessment and comprises

Published 19 Dec, 2004 12:00am

Naval Chief assures help to maritime sector

Admiral Shahid Karimullah, Chief of Naval Staff and Chief Nautical Adviser to the Government of Pakistan, assured the marine and the maritime sector of all the help and support that he would provide at high government level, including where appropriate th

Published 19 Dec, 2004 12:00am

Chinese firm to expand telecom network in Pakistan

Pakistan and China on Saturday signed an agreement under which a Chinese company, ZTE, will expand its existing manufacturing facilities and the software network in Pakistan. The agreement was signed in presence of Prime Minister Shaukat Aziz by a top exe

Published 19 Dec, 2004 12:00am

Chinese firm to expand telecom network in Pakistan

Pakistan and China on Saturday signed an agreement under which a Chinese company, ZTE, will expand its existing manufacturing facilities and the software network in Pakistan. The agreement was signed in presence of Prime Minister Shaukat Aziz by a top exe

Published 19 Dec, 2004 12:00am

Sugarcane yield target for 2004-05 set at 50.88 million tons

The sugarcane production has been estimated at 47.94 million tonnes, thus accruing sugar production of 3.3 million tonnes during 2004-05. The government had set the sugarcane cultivation area target at one million hectares and production at 50.88 million

Published 19 Dec, 2004 12:00am

Sugarcane yield target for 2004-05 set at 50.88 million tons

The sugarcane production has been estimated at 47.94 million tonnes, thus accruing sugar production of 3.3 million tonnes during 2004-05. The government had set the sugarcane cultivation area target at one million hectares and production at 50.88 million

Published 19 Dec, 2004 12:00am

Formulation of anti-poverty plans: World Bank asked to consider ground realities

NWFP Minister Sirajul Haq has asked the World Bank to keep ground realities in view while formulating strategies about the poverty and backwardness stricken Frontier Province where people want real changes in their life standard but they do not like mere

Published 19 Dec, 2004 12:00am

Formulation of anti-poverty plans: World Bank asked to consider ground realities

NWFP Minister Sirajul Haq has asked the World Bank to keep ground realities in view while formulating strategies about the poverty and backwardness stricken Frontier Province where people want real changes in their life standard but they do not like mere

Published 19 Dec, 2004 12:00am

Explosive device goes off in Quetta

A mild blast rocked the provincial capital here on Saturday as an explosive device went off here in the Civil Secretariat. No loss of life or injury was reported. According to Capital City Police Officer Pervez Rafi Bhatti, the device had been planted in

Published 19 Dec, 2004 12:00am

Explosive device goes off in Quetta

A mild blast rocked the provincial capital here on Saturday as an explosive device went off here in the Civil Secretariat. No loss of life or injury was reported. According to Capital City Police Officer Pervez Rafi Bhatti, the device had been planted in

Published 19 Dec, 2004 12:00am

Asim Zafar-led panel wins LSE directors poll

Syed Asim Zafar-led panel secured a clean sweep victory in the elections of five directors of the Lahore Stock Exchange (LSE) held here on Saturday. This victory has paved the way for re-election of Syed Asim Zafar as LSE chairman for the year 2005.

Published 19 Dec, 2004 12:00am

Transporters enhance fares by 10 percent

Transporters of all public vehicles have enhanced fares by 10 percent without permission from the government. Transporters say the prices of petroleum products have gone up and they are unable to bear the loss on their operation. Truck Owners Association

Published 19 Dec, 2004 12:00am

QICT fails to load 90 EU-bound containers on vessel

About 90 export containers, destined for Europe, missed the vessel, MS Socotra, at the Qasim International Container Terminal (QICT) of the Port Qasim on Friday. This is the second incident of shutting out of export containers in about a week time when ab

Published 19 Dec, 2004 12:00am

QICT fails to load 90 EU-bound containers on vessel

About 90 export containers, destined for Europe, missed the vessel, MS Socotra, at the Qasim International Container Terminal (QICT) of the Port Qasim on Friday. This is the second incident of shutting out of export containers in about a week time when ab

Published 19 Dec, 2004 12:00am

Picic to launch tourism financing: managing director

Picic on Saturday has decided to launch Picic Tourism Financing in the hope to bring the world to Pakistan and help develop tourism in the country. This was announced by Picic Managing Director Muhammad Ali Khoja, in a Press conference, while expressing h

Published 19 Dec, 2004 12:00am

Travel agents stiffen British Airways boycott

The local travel trade stiffened its boycott against British Airways on Saturday by hoisting cloth streamers announcing that they do not sell that airline's tickets or handle its bookings. The travel agencies here have been part of the country-wide protes

Published 19 Dec, 2004 12:00am

Travel agents stiffen British Airways boycott

The local travel trade stiffened its boycott against British Airways on Saturday by hoisting cloth streamers announcing that they do not sell that airline's tickets or handle its bookings. The travel agencies here have been part of the country-wide protes

Published 19 Dec, 2004 12:00am

Death anniversary of Chaudhry Ghulam Abbas observed

The 37th death anniversary of eminent Kashmiri leader and the pioneer supreme head of Azad Jammu Kashmir government Chaudhry Ghulam Abbas was observed in entire Azad Jammu Kashmir, Indian-occupied Jammu Kashmir and Pakistan on Saturday with full respect a

Published 19 Dec, 2004 12:00am

Octopus cannon targets McDonalds in southern France

Armed with a high-pressure hose and a bucket of octopi, hundreds of protestors in this Mediterranean town on Saturday pelted a McDonalds restaurant due to open this week with the slimy seafood. Between 300 and 500 people gathered on the banks of the Sete

Published 19 Dec, 2004 12:00am

US threatens UN agency funds over report: writer

The lead writer of a UN report on freedom and governance in the Arab world said on Saturday the United States was threatening to cut off funds to a UN agency if the United Nations releases it. Nader Fergani, the Egyptian social scientist who has worked on

Published 19 Dec, 2004 12:00am

Rebels cautious on Ivory Coast constitution change

Ivory Coast's move to allow an opposition leader to run for the presidency will only speed peace if the president does not put it to a referendum, rebel and opposition leaders said on Saturday. Parliament passed a constitutional change on Friday to allow

Published 19 Dec, 2004 12:00am

China targets 4.6 percent jobless rate in 2005

China is targeting an urban jobless rate of 4.6 percent in 2005, slightly higher than this year's expected jobless rate, the Economic Daily newspaper said on Saturday, citing the country's labour minister. China aimed to find work for 5 million laid-off w

Published 19 Dec, 2004 12:00am

Indonesia's largest political party meets to select new leader

A meeting of Indonesia's main political party descended into chaos Saturday as tempers flared over the selection of its next leader - an appointment that could unsettle the country's new president.

Published 19 Dec, 2004 12:00am

South Africa's ANC accuses US of AIDS drug cover-up

South Africa's ruling party has accused top US officials of treating Africans like guinea pigs amid questions over testing of a key HIV/AIDS drug before a US-backed roll-out of the treatment across the continent. The African National Congress (ANC) said o

Published 19 Dec, 2004 12:00am

Kalabagh steel mill revival plan under study

The government is considering to restart work on the installation of the second biggest steel mill near Kalabagh, in Mianwali District, it is learnt. Prime Minister Shaukat Aziz has directed the Ministry of Petroleum and Natural Resources to update the fe

Published 19 Dec, 2004 12:00am

Kalabagh steel mill revival plan under study

The government is considering to restart work on the installation of the second biggest steel mill near Kalabagh, in Mianwali District, it is learnt. Prime Minister Shaukat Aziz has directed the Ministry of Petroleum and Natural Resources to update the fe

Published 19 Dec, 2004 12:00am

Cotton output records 67 percent increase: growers expect bumper crop

Cotton production, as on December 15, has reached 11.744 million bales, against 7.482 million bales of corresponding period of last year, showing an increase of 66.99 percent over last year, says Pakistan Cotton Ginners Association (PCGA) report. This is

Published 19 Dec, 2004 12:00am

Cotton output records 67 percent increase: growers expect bumper crop

Cotton production, as on December 15, has reached 11.744 million bales, against 7.482 million bales of corresponding period of last year, showing an increase of 66.99 percent over last year, says Pakistan Cotton Ginners Association (PCGA) report. This is

Published 19 Dec, 2004 12:00am

Rewards for tax officials, informers: CBR to consider new rules on December 20

The Central Board of Revenue (CBR) has decided to give bonuses and rewards to tax officials showing extraordinary performance in pointing out tax evasion under the new combined reward rules for customs, sales tax and central excise officials. Bonuses will

Published 19 Dec, 2004 12:00am

Rewards for tax officials, informers: CBR to consider new rules on December 20

The Central Board of Revenue (CBR) has decided to give bonuses and rewards to tax officials showing extraordinary performance in pointing out tax evasion under the new combined reward rules for customs, sales tax and central excise officials. Bonuses will

Published 19 Dec, 2004 12:00am

Panel named to propose changes in Customs law

The Central Board of Revenue (CBR) has constituted a three-member committee to amend the Customs Act, 1969 in line with the ongoing reform process. In this regard, CBR Member Customs has issued a notification here on Saturday.

Published 19 Dec, 2004 12:00am

Panel named to propose changes in Customs law

The Central Board of Revenue (CBR) has constituted a three-member committee to amend the Customs Act, 1969 in line with the ongoing reform process. In this regard, CBR Member Customs has issued a notification here on Saturday.

Published 19 Dec, 2004 12:00am

Hafeez for more private sector role to make ECO vibrant

Privatisation and Investment Minister Dr Hafeez Shaikh has urged the need of enhanced private sector role to make the Economic Co-operation Organisation (ECO) more effective and vibrant forum. He was speaking as a chief guest at an ECO seminar on "Regiona

Published 19 Dec, 2004 12:00am

Hafeez for more private sector role to make ECO vibrant

Privatisation and Investment Minister Dr Hafeez Shaikh has urged the need of enhanced private sector role to make the Economic Co-operation Organisation (ECO) more effective and vibrant forum. He was speaking as a chief guest at an ECO seminar on "Regiona

Published 19 Dec, 2004 12:00am

Imposition of duty: Chinese move to benefit Pakistan's textile and apparel exports

China will impose export duty on certain textiles and apparels to limit surge in the shipments after the culmination of the quota regime. The move would give a breathing space to Pakistan and other Asian countries presently scared of Chinese onslaught and

Published 19 Dec, 2004 12:00am

Imposition of duty: Chinese move to benefit Pakistan's textile and apparel exports

China will impose export duty on certain textiles and apparels to limit surge in the shipments after the culmination of the quota regime. The move would give a breathing space to Pakistan and other Asian countries presently scared of Chinese onslaught and

Published 19 Dec, 2004 12:00am

Decision on gas import pipeline projects in couple of months

The government is still examining the three natural gas import pipeline projects and has not yet taken any decision to finalise one of them. These include Turkmenistan-Afghanistan-Pakistan, Iran-Pakistan and Qatar-Pakistan gas pipeline projects.

Published 19 Dec, 2004 12:00am

Decision on gas import pipeline projects in couple of months

The government is still examining the three natural gas import pipeline projects and has not yet taken any decision to finalise one of them. These include Turkmenistan-Afghanistan-Pakistan, Iran-Pakistan and Qatar-Pakistan gas pipeline projects.

Published 19 Dec, 2004 12:00am

Vulgar posters, videos put on fire

Authorities in the NWFP on Saturday torched thousands of confiscated condom posters, videocassettes and computer disks in a campaign against vulgarity, officials said. Watched by dozens of people chanting "Allah-o-Akbar", government officials destroyed wh

Published 19 Dec, 2004 12:00am

Indian fishermen sent to jail

The Judicial Magistrate West Keamari Town has sent 55 Indian fishermen to jail custody for 14 days on the charges of illegal fishing in Pakistani waters. A Docks Police official said here on Saturday that those Indian fishermen were detained by Maritime S

Published 19 Dec, 2004 12:00am

National Highway blocked over killing of labourer

A massive protest was held and National Highway blocked for four hours on Saturday against the reported death of a labourer and injuring another by police torture in the jurisdiction of Bin Qasim police station on Friday. According to details, a party of

Published 19 Dec, 2004 12:00am

More steps needed to further improve Pak-India ties: Menon

Indian High Commissioner to Pakistan, Shivshankar Menon on Saturday said that Indo-Pak relations were now better than these had been for a long time in the past. "What we like to see in future is many more steps for the improvement in relations," he said

Published 19 Dec, 2004 12:00am

2-7 percent Pakistanis infected with Hepatitis-B: experts

Pakistan has documented a Hepatitis-B prevalence of 2 to 7 percent making it a serious cause of concern, as liver cancer is the 5th most common disease in the world and majority of cases occur in developing countries. This was disclosed by Dr Richard Marl

Published 19 Dec, 2004 12:00am

Rangeela hospitalised

Comedy king Saeed Khan, commonly known as Rangeela, is admitted to a Lahore hospital in critical condition. Famous film and stage actor Rangeela is suffering from kidney problem for the last many days. Due to his distinct and unique style of acting, he wa

Published 19 Dec, 2004 12:00am

Sigh of relief for ruling coalition

The members of the ruling coalition in Sindh province, as also the treasury parliamentarians at the federal level, have warmly welcomed the categorical statement by President Musharraf that the assemblies will complete their term, reports UPP corresponden

Published 19 Dec, 2004 12:00am

Strong Pakistan guarantees regional peace: Shaukat

Prime Minister Shaukat Aziz said on Saturday a strong and economically viable Pakistan guarantees peace in the region. Talking to reporters onboard the special plane while on his way back from China, he said his visit to China would help further promote a

Published 19 Dec, 2004 12:00am

Strong Pakistan guarantees regional peace: Shaukat

Prime Minister Shaukat Aziz said on Saturday a strong and economically viable Pakistan guarantees peace in the region. Talking to reporters onboard the special plane while on his way back from China, he said his visit to China would help further promote a

Published 19 Dec, 2004 12:00am

Differences emerge over bed-sheets export to EU

Exporters of bedlinen are divided over export of low price bed-sheets to European Union countries following imposition of 12 percent customs duty on Pakistan's textile imports from January 2005, sources told Business Recorder here on Saturday. They

Published 19 Dec, 2004 12:00am

Differences emerge over bed-sheets export to EU

Exporters of bedlinen are divided over export of low price bed-sheets to European Union countries following imposition of 12 percent customs duty on Pakistan's textile imports from January 2005, sources told Business Recorder here on Saturday. They

Published 19 Dec, 2004 12:00am

Economic measures to help reduce poverty: Salman

Pakistan is geared up for the launch of its maiden Islamic bond after doing away with International Monetary Fund support in 2004 in its continuing bid to build up the economy and cut widespread poverty. After a slack past decade, Pakistan has recently un

Published 19 Dec, 2004 12:00am

Economic measures to help reduce poverty: Salman

Pakistan is geared up for the launch of its maiden Islamic bond after doing away with International Monetary Fund support in 2004 in its continuing bid to build up the economy and cut widespread poverty. After a slack past decade, Pakistan has recently un

Published 19 Dec, 2004 12:00am

Musharraf says economy and defence main pillars of state: General Ehsan installed as 1st Colonel-in-Chief of AAD

President General Pervez Musharraf has said that the economy and defence are two important pillars of the state, adding: "Economy which was in bad shape has been put on the right track, and we would bring further improvement in it." He said: "Our defence

Published 19 Dec, 2004 12:00am

Musharraf says economy and defence main pillars of state: General Ehsan installed as 1st Colonel-in-Chief of AAD

President General Pervez Musharraf has said that the economy and defence are two important pillars of the state, adding: "Economy which was in bad shape has been put on the right track, and we would bring further improvement in it." He said: "Our defence

Published 19 Dec, 2004 12:00am

Five Turk guards among eight killed in Iraq

Five Turkish security guards were killed in an ambush as they were travelling by car through Iraq to Baghdad, the Turkish Foreign Ministry said on Saturday. Earlier an official in the Iraqi town of Mosul was quoted as saying the attackers machine gunned t

Published 19 Dec, 2004 12:00am

Five Turk guards among eight killed in Iraq

Five Turkish security guards were killed in an ambush as they were travelling by car through Iraq to Baghdad, the Turkish Foreign Ministry said on Saturday. Earlier an official in the Iraqi town of Mosul was quoted as saying the attackers machine gunned t

Published 19 Dec, 2004 12:00am

Yarn Prices

Karachi Yarn Market Rates

Karachi Yarn Market Rates on Saturday (December 18, 2004).

Published 19 Dec, 2004 12:00am

Yarn Prices

Karachi Yarn Market Rates

Karachi Yarn Market Rates on Saturday (December 18, 2004).

Published 19 Dec, 2004 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (December 18, 2004).

Published 19 Dec, 2004 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (December 18, 2004).

Published 19 Dec, 2004 12:00am

Currency	Rate
USD PKR Interbank Selling / Jun 14	278.71
USD PKR Interbank Buying / Jun 14	278.51
USD to Japanese Yen / Jun 14	157.40
USD to Swiss Franc / Jun 14	0.89
Pound Sterling to USD / Jun 14	1.28
Euro to USD / Jun 14	1.07

Stock	Volume
S&P 500 / Jun 14	5,431.60
India Sensex / Jun 14	76,992.77
Tokyo Nikkei / Jun 14	38,814.56
Nasdaq / Jun 14	17,688.88
Hang Seng / Jun 14	17,941.78
FTSE 100 / Jun 14	8,146.86
Dow Jones / Jun 14	38,589.16
Germany DAX 30 / Jun 14	18,002.02

Item	Value
Crude Oil USD/Barrel / Jun 14	78.45
Karachi Cotton PKR/37.32 KG / Jun 14	19,935
Gold 10 Grams PKR / Jun 14	207,047
Gold Spot USD/Ounce / Jun 14	2,333.04
Cotton US¢/pound / Jun 14	72.14
Petrol/Litre / Jun 16	258.16

Stock	Price
786 Invest Ltd / Jun 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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