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Print - 2005-03-26
FPCCI leader greets Rastgar

FPCCI leader greets Rastgar

Former president of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and past Chairman ECMMA Iftikhar Ali Malik hailed the appointment of the sitting chairman of ECMMA Imtiaz Ali Rastgar as chief executive officer (CEO) of Engineering De
Published 26 Mar, 2005 12:00am
Substandard marmalade recovered

Substandard marmalade recovered

The food-squad of the City District Government Lahore following a raid at a factory seized 2000 kilograms of marmalade of various fruits here on Friday. The squad arrested the factory owners Muhammad Anwar and Zafar Iqbal along with 24 plastic-chemical dr
Published 26 Mar, 2005 12:00am
Pakistan and Malaysia to initiate joint ventures in various sectors

Pakistan and Malaysia to initiate joint ventures in various sectors

Pakistan and Malaysia have decided to expedite their trade relations by entering in to joint ventures in various fields. The decision to this effect was taken in a meeting between the LCCI President, Mian Misbah ur Rehman and Ramli Ahmad, Managing Directo
Published 26 Mar, 2005 12:00am
Balochistan chief minister calls on Prime Minister

Balochistan chief minister calls on Prime Minister

Prime Minister Shaukat Aziz on Friday said the government is keen to resolve the Balochistan issue in an atmosphere of harmony and understanding through dialogue while ensuring the security of the national installations life and property of the people in
Published 26 Mar, 2005 12:00am
RCCI body reviews gems & jewellery trade policy

RCCI body reviews gems & jewellery trade policy

Rawalpindi Chamber of Commerce and Industry (RCCI) assured the gems and jewellery exporters it would make all out effort to remove procedural irritants in the export of Gems and Jewellery products, and efforts would be made to enhance the gems and jewelle
Published 26 Mar, 2005 12:00am
Government is committed to Balochistan uplift: President

Government is committed to Balochistan uplift: President

President General Pervez Musharraf on Friday said the government is committed to the development of Balochistan and socio-economic uplift of the people of the area. He was talking to President Pakistan Muslim League Chaudhry Shujaat Hussain and Secretary
Published 26 Mar, 2005 12:00am
The Weather

The Weather

The weather report on Friday (March 24) and the forecast for Saturday (March 26, 2005).
Published 26 Mar, 2005 12:00am
No unilateral pullout of troops from Siachin: Kasuri

No unilateral pullout of troops from Siachin: Kasuri

Pakistan on Friday said it was willing to pull out troops from the Siachin, but made it clear there would be no unilateral withdrawal. "Pakistan stands by the agreement, entered with India on the withdrawal of forces from Siachin, many years back, but the
Published 26 Mar, 2005 12:00am
NDF demands elections under independent commission

NDF demands elections under independent commission

National Democratic Front (NDF) has demanded of the government to restore 1973 constitution in its real shape and hold elections under an independent and transparent election commission. The leaders of the newly established political forum were addressing
Published 26 Mar, 2005 12:00am
Work on Chashma II starts

Work on Chashma II starts

Work on extension of Chashma Power Plant, called as 'Chashma II' has started for the erection of civil works and preparation of designs of the plant. Engineer Pervez Butt, Chairman of Pakistan Atomic Energy Commission, told Business Recorder here o
Published 26 Mar, 2005 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (March 25, 2005).

Published 26 Mar, 2005 12:00am
Kashmir issue cannot be put on back burner: Prime Minister

Kashmir issue cannot be put on back burner: Prime Minister

Prime Minister Shaukat Aziz on Friday said the Kashmir dispute cannot be put on the back -burner and both Pakistan and India have to show courage to resolve it. "We must address the issue of Jammu and Kashmir, and we must have the courage to face the real
Published 26 Mar, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (March 25, 2005).

Published 26 Mar, 2005 12:00am
Prime Minister likely to launch development of sector I-15 on Aril 7

Prime Minister likely to launch development of sector I-15 on Aril 7

Prime Minister Shaukat Aziz is likely to formally launch the development of Sector I-15 for low-income groups on April 7, sources told Business Recorder on Friday. In this connection, the Capital Development Authority (CDA) will request the Prime M
Published 26 Mar, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (March 25) and for Saturday (March 26, 2005).
Published 26 Mar, 2005 12:00am
Wasim nominated Balochistan panel vice chairman

Wasim nominated Balochistan panel vice chairman

Chairman of the Parliamentary Committee on Balochistan, Chaudhry Shujaat Hussain has nominated Senator Wasim Sajjad as Vice Chairman of the Committee on Balochistan. Wasim Sajjad, Leader of the House in the Senate has been Vice Chairman of the Parliamenta
Published 26 Mar, 2005 12:00am
Shujaat to visit Dera Bugti again

Shujaat to visit Dera Bugti again

PML President Shujaat Hussain will once again visit Dera Bugti to take further the dialogue process he initiated with JWP chief Akbar Bugti to ease the situation in the province. "Yes, I will go there (Dera Bugti) again soon," Shujaat, who is also head of
Published 26 Mar, 2005 12:00am
Maersk Sealand to raise freight for shipments to Far East

Maersk Sealand to raise freight for shipments to Far East

Maersk Sealand, a leading shipping carrier, carrying bulk of the national exports, will increase from April 1 freight for the exports to all the Far East destinations by 50 dollars per Teu. The shipping line said on Friday that a general rate increase (GR
Published 26 Mar, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (March 25, 2005).

Published 26 Mar, 2005 12:00am
Maersk Sealand to raise freight for shipments to Far East

Maersk Sealand to raise freight for shipments to Far East

Maersk Sealand, a leading shipping carrier, carrying bulk of the national exports, will increase from April 1 freight for the exports to all the Far East destinations by 50 dollars per Teu. The shipping line said on Friday that a general rate increase (GR
Published 26 Mar, 2005 12:00am
Ways to regulate courier services discussed

Ways to regulate courier services discussed

The federal cabinet has directed the Ministry of Communications to examine other ways to regulate private courier services sector without the establishment of Authority, official sources told Business Recorder. The Communication Ministry, sources s
Published 26 Mar, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 25, 2005).

Published 26 Mar, 2005 12:00am
Ways to regulate courier services discussed

Ways to regulate courier services discussed

The federal cabinet has directed the Ministry of Communications to examine other ways to regulate private courier services sector without the establishment of Authority, official sources told Business Recorder. The Communication Ministry, sources s
Published 26 Mar, 2005 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 25, 2005).

Published 26 Mar, 2005 12:00am
PIDE calls for computerisation of land record

PIDE calls for computerisation of land record

Dr A R Kemal, Director of Pakistan Institute of Development Economics (PIDE), called for early computerisation of record of land as without it the people, buy plots that had already seven to eight owners and sometimes had no physical existence. Addressing
Published 26 Mar, 2005 12:00am
PIDE calls for computerisation of land record

PIDE calls for computerisation of land record

Dr A R Kemal, Director of Pakistan Institute of Development Economics (PIDE), called for early computerisation of record of land as without it the people, buy plots that had already seven to eight owners and sometimes had no physical existence. Addressing
Published 26 Mar, 2005 12:00am
Prime Minister for formulation of energy strategy

Prime Minister for formulation of energy strategy

Prime Minister Shaukat Aziz on Friday said that Pakistan has to formulate a strategy on priority basis to meet its future energy requirements to sustain the present rate of growth of economy. He said this while talking to Federal Minister for Petroleum an
Published 26 Mar, 2005 12:00am
THE RUPEE: $ 5 paisa up in open market

THE RUPEE: $ 5 paisa up in open market

The rupee shed another five paisa against the dollar in the open market on Friday for buying and selling at 59.85 and 59.95 on increase demands by the corporate clients, dealers said. Pressure on buying side, seen in the opening session as the rupee cros
Published 26 Mar, 2005 12:00am
Prime Minister for formulation of energy strategy

Prime Minister for formulation of energy strategy

Prime Minister Shaukat Aziz on Friday said that Pakistan has to formulate a strategy on priority basis to meet its future energy requirements to sustain the present rate of growth of economy. He said this while talking to Federal Minister for Petroleum an
Published 26 Mar, 2005 12:00am
THE RUPEE: $ 5 paisa up in open market

THE RUPEE: $ 5 paisa up in open market

The rupee shed another five paisa against the dollar in the open market on Friday for buying and selling at 59.85 and 59.95 on increase demands by the corporate clients, dealers said. Pressure on buying side, seen in the opening session as the rupee cros
Published 26 Mar, 2005 12:00am
HEJ inks MoU with Malaysian varsity

HEJ inks MoU with Malaysian varsity

HEJ Research Institute of Chemistry, University of Karachi Friday inked a memorandum of understanding with reputed Malaysian institution of higher learning "Universiti Teknologi MARA UiTM" to help the later in planning and organisation of its newly establ
Published 26 Mar, 2005 12:00am
Textile Spinning: GULISTAN TEXTILE MILLS LIMITED - Year Ended 30-09-2004

Textile Spinning: GULISTAN TEXTILE MILLS LIMITED - Year Ended 30-09-2004

It is relatively large spinning units whose various production installations are spread over three districts in the province of Punjab. The company is augmenting its production capacity and also dismantling outlived spindles. In additions to these initiat
Published 26 Mar, 2005 12:00am
Over Rs 31 million to augment cotton in rice cultivating areas

Over Rs 31 million to augment cotton in rice cultivating areas

Provincial Agriculture Department will spend Rs 31.299 million to augment cotton cultivation in rice producing areas of Shikarpur, Jacobabad and Larkana under "Enhance Cotton Production in Sindh" programme. Sindh Advisor for Food and Agriculture, Murtaza
Published 26 Mar, 2005 12:00am
Textile Spinning: GULISTAN TEXTILE MILLS LIMITED - Year Ended 30-09-2004

Textile Spinning: GULISTAN TEXTILE MILLS LIMITED - Year Ended 30-09-2004

It is relatively large spinning units whose various production installations are spread over three districts in the province of Punjab. The company is augmenting its production capacity and also dismantling outlived spindles. In additions to these initiat
Published 26 Mar, 2005 12:00am
Investors hold demonstration outside ISE

Investors hold demonstration outside ISE

The genuine investors and traders of Islamabad and Rawalpindi held a demonstration against heavy losses in the shares business outside Islamabad Stock Exchange (ISE) building on Friday. Around 100 small investors of the twin cities gathered at the ISE pre
Published 26 Mar, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (March 25, 2005).

Published 26 Mar, 2005 12:00am
Sessi strives for improving medical care

Sessi strives for improving medical care

Sindh Employees Social Security Institution (Sessi) is striving for improvement in its medical services. The Sessi Commissioner Asif Marghoob Siddiqui stated this during a visit at the Liaquat College of Medicine and Dentistry/Darul Sehat Hospital to enqu
Published 26 Mar, 2005 12:00am
Ufone offers world roaming services

Ufone offers world roaming services

Public sector Ufone cellular company has entered into international roaming services with cellular operators Finnet Finland, Netcom Norway, Celtel Tanzania & Madgascar.
Published 26 Mar, 2005 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 26 Mar, 2005 12:00am
World moot on gender issues today

World moot on gender issues today

An International Conference on "Gender mainstreaming and millennium development goal" is being held in Islamabad from March 26. This was stated by a spokesperson of All Pakistan Women's Association (Apwa) here on Friday. She said the title and theme of th
Published 26 Mar, 2005 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Friday (March 25, 2005).

Published 26 Mar, 2005 12:00am
Taxation system inching towards self-assessment: CBR chief

Taxation system inching towards self-assessment: CBR chief

Central Board of Revenue Chairman, Abdullah Yousuf told the business community that the taxation system is moving away from assessment to self-assessment and reforms process initiated two years back is being reinforced by induction of technology through W
Published 26 Mar, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Mar, 2005 12:00am
698 men released from Muscat jails arrive

698 men released from Muscat jails arrive

Some 698 Pakistanis, who were interned in Muscat jails, returned here on Friday on board Al-Mohammedi launch. With their arrival, the total number of Pakistanis returning home reached 2,200. They had gone to Muscat in search of bread and butter after they
Published 26 Mar, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 26 Mar, 2005 12:00am
Walk held against tuberculosis scourge

Walk held against tuberculosis scourge

About million people are suffering from tuberculosis (TB) in the country, while one TB patient affect at least 10 healthy people, thus taking part in fight against this disease is our national obligation. Punjab Minister for Special Education, Qudsia Lodh
Published 26 Mar, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 26 Mar, 2005 12:00am
'Opposition given free hand to show strength'

'Opposition given free hand to show strength'

Punjab Law Minister Muhammad Basharat Raja commenting on million March of Muttahida Majlis-i-Amal (MMA) here on Friday has said that lack of interest of people in it, had put this show into its logical conclusion. The Provincial Law Minister averred that
Published 26 Mar, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (March 25, 2005).

Published 26 Mar, 2005 12:00am
DCET principal shot dead

DCET principal shot dead

The Dawood College of Engineering and Technology (DCET) Karachi Principal Dr Muhammad Saleem Chaudhary was gunned down on Friday afternoon when unidentified assailants fired at him near Pardha Park at New M A Jinnah Road between Dawood College and Jail Ch
Published 26 Mar, 2005 12:00am
Corps Commander confers medals on army officers

Corps Commander confers medals on army officers

Corps Commander Lieutenant General Syed Athar Ali conferred medals on various military officers at a simple but impressive ceremony held at Corps auditorium here on Friday. These officers were given Tamgha-i-Imtiaz (Military) by the Government of Pakistan
Published 26 Mar, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 26 Mar, 2005 12:00am
Afghan parliamentary candidates registration from April 26

Afghan parliamentary candidates registration from April 26

Registration of candidates for the forthcoming parliamentary elections of Afghanistan will start on April 26 and would continue for three weeks all over the country, reports Pajhwok Afghan News. Peter Erben, a member of the joint electoral management body
Published 26 Mar, 2005 12:00am
Goods transporters go on three-day strike

Goods transporters go on three-day strike

Goods carriers and transporters on Friday went on a three-day strike against the persistent increase in the prices of petroleum products and called for the restoration of the old system of the fixation of the prices of the commodity. The strike call was g
Published 26 Mar, 2005 12:00am
Zafar takes over as EPB vice chairman

Zafar takes over as EPB vice chairman

The State Life Insurance Corporation's Executive Director, Zafar Mahmood has taken over the charge of Vice-Chairman of the Export Promotion Bureau (EPB) on Thursday. He replaced Abid Javed Akbar, who has been transferred to the State Life Insurance Corpor
Published 26 Mar, 2005 12:00am
Fake NAB officer arrested

Fake NAB officer arrested

National Accountability Bureau (NAB) has arrested an impersonator, showing himself as NAB's Captain and black mailing the innocent people. According to a NAB press release issued here on Friday, the accused Zahid Mehmood was black mailing a retired PTCL's
Published 26 Mar, 2005 12:00am
PIA cockpit crews receive Sitara-e-Shujaat

PIA cockpit crews receive Sitara-e-Shujaat

Three members of Pakistan International Airline (PIA) cockpit crew have received Sitara-e-Shujaat (Civil Gallantry Award) for depicting highest level of responsibility, presence of mind and professional acumen on board PIA flight PK-305 Lahore-Karachi Sec
Published 26 Mar, 2005 12:00am
Nara urges aliens to get themselves registered

Nara urges aliens to get themselves registered

Those living in the city illegally have been urged to get themselves registered with the National Aliens Registration Authority (Nara) by fulfilling the necessary legal requirements. An appeal to this effect was made by the Director General of Nara, C.K.
Published 26 Mar, 2005 12:00am
APSIQ registration must to export wastes to China

APSIQ registration must to export wastes to China

Exporters of waste material to China will now require provisional registration of the supplying enterprise with General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) of China. According to EPB here Friday, the AQSIQ has decided
Published 26 Mar, 2005 12:00am
KESC to remove illegal CTV network

KESC to remove illegal CTV network

The Karachi Electric Supply Corporation (KESC) decided to dismantle the cable network of unauthorised cable operators working without proper approval, selling cable television facilities in different residential and commercial areas using electricity pole
Published 26 Mar, 2005 12:00am
Sri Lanka to open trade and display centre

Sri Lanka to open trade and display centre

Sri Lanka will open its first trade and display centre in the metropolis this year. The deputy high commissioner of Sri Lanka Manel de Silva stated this while speaking at the luncheon meeting hosted by the Karachi Chamber of Commerce and Industry (KCCI) o
Published 26 Mar, 2005 12:00am
NAB pays Rs 15.406 million to forex scam victims

NAB pays Rs 15.406 million to forex scam victims

National Accountability Bureau (NAP) Sindh so far distributed Rs 15,406,640 among the affectees of "Forex Scam" while inquiries against seven other illegal brokerage houses, doing illegal forex business are still in progress. The NAB (Sindh), on the reque
Published 26 Mar, 2005 12:00am
HBL workers demand job security and facilities

HBL workers demand job security and facilities

Habib Bank employees have demanded the protection of their rights under the Wage Commission Award to remain in employment till the age of 60 years, a press statement said on Friday. The Habib Bank Workers Front, in its emergency meeting on Thursday, discu
Published 26 Mar, 2005 12:00am
Indian team keen to study local bodies system

Indian team keen to study local bodies system

Dr Santosh Singh, co-ordinator Institute of Social Sciences (ISS) New Delhi member of local bodies representatives delegation of India has said that the objective of their visit to study local bodies (devolution Plan) of Pakistan and strengthen brotherly
Published 26 Mar, 2005 12:00am
ITIF Asia 2005 opens today

ITIF Asia 2005 opens today

The ITIF Asia 2005 Exhibition and Conference will commence at the Karachi Expo Centre from Saturday. According to the organisers, that was the biggest industrial event of Pakistan. They said the three-day show encompasses three international conferences n
Published 26 Mar, 2005 12:00am
OUP workshop on English teaching today

OUP workshop on English teaching today

As a part of its on-going teacher-training programme, the Oxford University Press is conducting a workshop for teachers on 'On Track'- a complete English programme for Primary level on Saturday, 26 March 2005, from 10:00 am to 3.30 pm, at the Oxford Unive
Published 26 Mar, 2005 12:00am
AJK plans to revive sick units

AJK plans to revive sick units

Azad Jammu Kashmir (AJK) government has issued directives for initiating early measures to revive sick industrial units to make them productive and earning concerns. Official sources told APP here Friday that since the government was bent upon bringing ab
Published 26 Mar, 2005 12:00am
Promotions in Senate secretariat

Promotions in Senate secretariat

Chairman Senate, Mohammedmian Soomro has approved the promotion of three BS-18 Section Officers as Deputy Secretaries and five Section Officers of BS-17 to BS-18. Besides the above, two BS-17 Official Reporters and one BS-17 Translator have been promoted
Published 26 Mar, 2005 12:00am
Saarc Secretary General calls on Kasuri

Saarc Secretary General calls on Kasuri

New Saarc Secretary General Chenkyab Dorji called on Foreign Minister Khurshid Mahmud Kasuri here on Friday and discussed various issues including the question of fresh dates for 13th Saarc Summit. The Secretary General, a member of the cabinet in Bhutan,
Published 26 Mar, 2005 12:00am
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