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Print - 2005-07-10
Jatoi meets Arbab

Jatoi meets Arbab

Former caretaker prime minister Ghulam Mustafa Jatoi on Saturday met with the Sindh Chief Minister Dr Arbab Ghulam Rahim at the Chief Minister House. According to official sources they discussed, various issues, particularly local bodies elections. On the
Published 10 Jul, 2005 12:00am
PCC USA and KCCI sign MoU to enhance trade ties

PCC USA and KCCI sign MoU to enhance trade ties

Karachi Chamber of Commerce and Industry (KCCI) and Pakistan Chamber of Commerce (PCC) USA have signed a Memorandum of Understanding (MoU) to increase interaction, communication and co-ordination for the promotion of trade between the two countries, said
Published 10 Jul, 2005 12:00am
Seminar on peace in South Asia

Seminar on peace in South Asia

A seminar titled "The Kashmir issue and peace in South Asia" will be held at a local hotel in connection with the fourth martyrdom anniversary of renowned Kashmiri leader Syed Mohammad Saeed Nazuki, on Sunday (July 10).
Published 10 Jul, 2005 12:00am
Government plans to substitute diesel with CNG

Government plans to substitute diesel with CNG

Efforts to promote the use of cheap compressed natural gas (CNG) in vehicles are bearing fruit and the industry could be worth up to 400 million dollars in the next three years, an energy official said on Friday.
Published 10 Jul, 2005 12:00am
Flood situation improving: FFC

Flood situation improving: FFC

The government and all flood related departments have managed the flood situation through comprehensive planning and co-ordinated efforts, Superintendent Engineer Federal Flood Commission (FFC) Ahmed Kamal said this while talking to PTV here on Saturday.
Published 10 Jul, 2005 12:00am
'Islamabad wants peace with neighbours'

'Islamabad wants peace with neighbours'

Chairman Joint Chiefs of Staff Committee, General Ehsan-ul-Haq said on Saturday "We want peace with all our neighbours - peace with honour and dignity. Our desire for peace must not be misconstrued as a sign of weakness," he said.
Published 10 Jul, 2005 12:00am
Asian economies feel pinch of declining populations

Asian economies feel pinch of declining populations

Daisy Lai sends her five-year old son Wai-man off to school with a packed-lunch and a kiss. Her face beams as the boy waves goodbye, but her smile soon turns to a frown. "We'd love to have a little brother or sister for Wai-man ... but we just cannot affo
Published 10 Jul, 2005 12:00am
Visas for USA

Visas for USA

Through your esteemed newspaper I would like to thank the government of the United States for initiating a new trend of issuing US visas for Pakistanis following the episodes of Mukhtaran Mai and Dr Shazia.
Published 10 Jul, 2005 12:00am
NADRA clarification

NADRA clarification

This is with reference to the news item published in your newspaper "NADRA" mistake making many passport-seekers suffer". The claim that NADRA is issuing the CNICs mentioning only year of birth of the applicant and not the day and month. In this regard NA
Published 10 Jul, 2005 12:00am
Imposition of withdrawal tax

Imposition of withdrawal tax

In the Federal budget 2005-2006 the Finance Minister announced in his speech that a new section has been proposed to be added to the Income Tax Ordinance to widen the scope of tax net. The newly-inserted section 231 is reproduced as under.
Published 10 Jul, 2005 12:00am
The law for stale cheque

The law for stale cheque

The "stale cheque" is a debatable questions having many sides which require removing since there exists no specific law which may state its existing position. The question is whether it is a law or a custom or practice to honour or dishonour the cheque ha
Published 10 Jul, 2005 12:00am
Faced with threats of unforeseeable floods

Faced with threats of unforeseeable floods

According to a disquieting news report, Doda district of occupied Jammu and Kashmir, after the collapse of one of its tunnels on Thursday morning, and low-lying areas in Sialkot, Gujrat, Gujranwala, Hafizabad, Sargodha, Jhang, Multan, Muzaffargarh, Rahimy
Published 10 Jul, 2005 12:00am
Need for a macroeconomic solution

Need for a macroeconomic solution

Prime Minister Shaukat Aziz has warned against hoarding of essential items as a prelude to an increase in the price of essentials. It is unfortunate that wholesalers and retailers of essential items have invariably used the holy month of Ramazan or any na
Published 10 Jul, 2005 12:00am
Call for promoting research in health sector

Call for promoting research in health sector

Punjab Health Minister, Dr Tahir Ali Javed, has directed the officials of health department Punjab to conduct research in public health disciplines so that better health care facilities could be provided to the public by utilising existing government reso
Published 10 Jul, 2005 12:00am
Rashid lauds PTV's performance

Rashid lauds PTV's performance

Federal Minister for Information and Broadcasting, Sheikh Rashid Ahmed said on Friday the financial turnaround of Pakistan Television (PTV) from a loss generating organisation to a profit making efficient entity was only possible with the dedication of it
Published 10 Jul, 2005 12:00am
Lawyers get free treatment

Lawyers get free treatment

In pursuance of the directives of Punjab Chief Minister, Mayo Hospital has started providing free medical facilities to lawyers community. Talking to a delegation of social organisations and lawyers, Medical Superintendent of Mayo Hospital Dr Fayyaz Ahmed
Published 10 Jul, 2005 12:00am
Average Pakistani's purchasing power declined: report

Average Pakistani's purchasing power declined: report

With a two-year high rate of inflation and nominal wage level raises, slower than average price level, suggest that the purchasing power of the average Pakistani has declined in the last two years, concludes a recent ABN Amro Bank report.
Published 10 Jul, 2005 12:00am
SSP activist murdered

SSP activist murdered

Hafiz Hidayatullah Haideri, an activist of the banned Sipah-i-Sahaba Pakistan, was shot dead near Noor Kubra village in Muzaffargarh district some 42 km west of Multan. He was recently bailed out after serving 2.5 years in prison in Karamdad Qureshi firin
Published 10 Jul, 2005 12:00am
Government striving to address flood victims grievances: Chaudhry Amir

Government striving to address flood victims grievances: Chaudhry Amir

National Assembly (NA) Speaker Choudary Amir Hussain has said the government was making all out efforts for redressing the problems of flood-affected people on top priority basis. He was addressing the flood victims after visiting several flood-stricken v
Published 10 Jul, 2005 12:00am
Attractive registration numbers auction on July 11

Attractive registration numbers auction on July 11

An open auction of attractive registration numbers of 'LZU' series is being held here at the district office of Excise & Taxation Department on Monday, July 11. According to official sources, the reserved price for participation in bidding for LZU-1 is be
Published 10 Jul, 2005 12:00am
Aaj TV staffer's house robbed

Aaj TV staffer's house robbed

Five dacoits armed with sophisticated weapons forced their entry into the house of Aaj TV reporter Aqeel Ahmed here at Sodiwal quarter and took away 400 tolas of gold ornaments and cash of around Rs 1 million in a broad day light on Saturday.
Published 10 Jul, 2005 12:00am
Plan prepared to improve jails condition in Punjab

Plan prepared to improve jails condition in Punjab

Punjab government was striving hard to improve the jails' conditions and in order to make them reforms centers, a composite developmental plan has been prepared, while new jails and additional barracks are also being established.
Published 10 Jul, 2005 12:00am
Gastroenteritis claims 42 lives in Punjab so far

Gastroenteritis claims 42 lives in Punjab so far

At least 42 people have so far died of gastro-enteritis in Southern Punjab while 3,823 people mostly minor, children and women affected in last 16 days. Health authorities failed to combat the epidemic. Now, it outbreak even in Azad Kashmir, Balochistan p
Published 10 Jul, 2005 12:00am
Local government polls to be held as per schedule: CEC

Local government polls to be held as per schedule: CEC

Chief Election Commissioner of Pakistan, Justice Abdul Hameed Dogar on Saturday said the coming local government elections will be held as per schedule in a fair and transparent manner.
Published 10 Jul, 2005 12:00am
Steps taken to stop brain drain: Nouraiz

Steps taken to stop brain drain: Nouraiz

Federal Minister for Science and Technology Chaudhry Nouraiz Shakoor said on Saturday the government had taken various initiatives to reverse the brain drain situation in the country. "We must strive to attract and retain world class professionals in vari
Published 10 Jul, 2005 12:00am
'Reduction of bond period to create cash flow problems'

'Reduction of bond period to create cash flow problems'

The reduction of bond period to six months from one year and the condition of post-dated cheques for the custom duties of bonded goods will prove a blow to the industrial consumers in importing raw materials in bulk, said chief executive, Guard Group and
Published 10 Jul, 2005 12:00am
PPP raps government for pre-poll rigging

PPP raps government for pre-poll rigging

Pakistan People's Party (PPP) leaders, Sherry Rehman, Aftab Shaaban Mirani, Khalid Iqbal Memon, Taj Haider and Dr Fehmida Mirza, have said that Prime Minister Shaukat Aziz, by saying that PML candidates would win the next local bodies elections, has, in f
Published 10 Jul, 2005 12:00am
LCCI and Canadian forum sign MoU for promoting business

LCCI and Canadian forum sign MoU for promoting business

The Lahore Chamber of Commerce and Industry (LCCI) and Canada-Pakistan Technology Business Forum on Saturday signed a memorandum of understanding (MoU) with an aim to enhance liaison and co-operation between the two organisations in the field of export, i
Published 10 Jul, 2005 12:00am
Outgoing US Consul General calls on Sindh chief minister

Outgoing US Consul General calls on Sindh chief minister

The outgoing US Consul General in Karachi Douglas C. Rohn, on Saturday had a farewell call on Sindh Chief Minister Dr Arbab Ghulam Rahim at Chief Minister House here. Douglas Rohn thanked the Chief Minister for the co-operation extended to him during his
Published 10 Jul, 2005 12:00am
Order reserved on Zardari's acquittal plea in Murtaza case

Order reserved on Zardari's acquittal plea in Murtaza case

District and Session Judge East Karachi Zafar Ahmed Khan Sherwani on Saturday reserved order on acquittal application of ex-Senator and spouse of former Prime Minster Benazir Bhutto Asif Ali Zardari in Murtaza Bhutto murder case.
Published 10 Jul, 2005 12:00am
UMF declares Rs 118 million dividend

UMF declares Rs 118 million dividend

The United Money Market Fund (UMF) declared Rs 118 million as dividend. The United Asset Management Company, a wholly owned subsidiary of UBL, the management company of UMF, has announced dividend in excess of Rs 118 million for UMF unit holders for the y
Published 10 Jul, 2005 12:00am
UMF declares Rs 118 million dividend

UMF declares Rs 118 million dividend

The United Money Market Fund (UMF) declared Rs 118 million as dividend. The United Asset Management Company, a wholly owned subsidiary of UBL, the management company of UMF, has announced dividend in excess of Rs 118 million for UMF unit holders for the y
Published 10 Jul, 2005 12:00am
Prime Minister pays surprise visit to Utility Store

Prime Minister pays surprise visit to Utility Store

Prime Minister Shaukat Aziz on Saturday afternoon paid a surprise visit to a Utility Store in Punjab Colony area here. He talked to the customers who had come for shopping of items of daily use and inquired about the prices of commodities particularly "at
Published 10 Jul, 2005 12:00am
PAEC to set up nine more nuclear oncology hospitals

PAEC to set up nine more nuclear oncology hospitals

In order to utilise atomic energy for bringing relief to patients, Pakistan Atomic Energy Commission (PAEC) is establishing nine more cancer hospitals in various parts of the country.
Published 10 Jul, 2005 12:00am
Multi-year tariff for Hesco and Qesco opposed

Multi-year tariff for Hesco and Qesco opposed

The public and private sector has opposed multi-year tariff for Hyderabad Electric Supply Company (Hesco) and Quetta Electric Power Company (Qesco), saying it would not only hurt the industry but also the common man.
Published 10 Jul, 2005 12:00am
Government cautioned to check unemployment

Government cautioned to check unemployment

Leaders of the All Pakistan Trade Unions Organisation (APTUO) have cautioned the government to take concrete steps to check the growing unemployment, hunger and homelessness to avert the ensuing danger of extreme lawlessness in Sindh.
Published 10 Jul, 2005 12:00am
Nespak working on master plan of textile city: minister

Nespak working on master plan of textile city: minister

Minister for Textile Industry Mushtaq Ali Cheema said on Saturday that the development work on 700 acres land of Textile City will begin soon. He was talking to newsmen after chairing the meeting of Pakistan Textile City Ltd (PTCL) Karachi at TCP head off
Published 10 Jul, 2005 12:00am
'One village one product plan to bring revolution'

'One village one product plan to bring revolution'

Advisor to Prime Minister on Finance and Revenue Dr Salman Shah has said that the Prime Minister's "One village one product programme" will bring about a revolution in the country. Under this programme, he said, the products produced by Haripur will have
Published 10 Jul, 2005 12:00am
EOBI earns Rs 2.4 billion profit in 2004-05

EOBI earns Rs 2.4 billion profit in 2004-05

Employees Old Age Benefits Institution (EOBI) has realised a phenomenal profit of Rs 2.41 billion for the year 2004-05 on its actively managed portfolio including Rs 1.938 billion on the equity segment which is up 112 percent from the previous year's Rs 9
Published 10 Jul, 2005 12:00am
'Benazir misused powers in PIA appointments'

'Benazir misused powers in PIA appointments'

Former prime minister Benazir Bhutto misusing her authority and powers got recommended persons illegally appointed, upgraded and posted in Pakistan International Airlines through PIA authorities with intent to favour them in violation of corporation's rul
Published 10 Jul, 2005 12:00am
Rs 7 billion plan initiated to curb Punjab highway crimes

Rs 7 billion plan initiated to curb Punjab highway crimes

Gujranwala Range Deputy Inspector General of Police (DIG) Zafar Abbas Luk has said that government has initiated a well-knitted plan costing Rs 7 billion to set up Police Patrol posts in Punjab. Addressing a press conference here Friday last, he said the
Published 10 Jul, 2005 12:00am
Prime Minister visits Adil Siddiqi

Prime Minister visits Adil Siddiqi

Prime Minister Shaukat Aziz visited a local hospital in North Nazimabad and inquired about the health of Provincial Minister Adil Siddiqi undergoing treatment there. The Prime Minister, who was accompanied by Governor Dr Ishrat-ul-Ebad Khan, remained with
Published 10 Jul, 2005 12:00am
Angry applicants attack Sialkot passport office

Angry applicants attack Sialkot passport office

An angry people, including machine-readable passport-seekers on Saturday attacked building of Sialkot Regional Passport Office on congested Khadim Ali Road here with bricks, iron rods, and hockey sticks in protest against inordinate delay in issuance of p
Published 10 Jul, 2005 12:00am
NALC urges federal government to build new airport at Chilas

NALC urges federal government to build new airport at Chilas

The 6th session of Northern Areas Legislative Council (NALC) on Friday unanimously adopted a resolution asking federal government to build a new airport at Chilas in Diamer District for provision of all-weather air travelling facilities to the people, and
Published 10 Jul, 2005 12:00am
Tobacco growers not to face 'surplus' problems: PTB

Tobacco growers not to face 'surplus' problems: PTB

There would be no problem of surplus tobacco for the growers this year as the companies would purchase whole crop at weighted average prices, said a press release of Pakistan Tobacco Board (PTB) issued here on Saturday.
Published 10 Jul, 2005 12:00am
Scattered and light rains expected

Scattered and light rains expected

Chief Meteorologist Anjum Bari on Saturday said scattered and light rains were expected across the country during next week. Talking to PTV, he said, "No intensive weather system is forecast, hence light rains are expected during next 7 to 8 days." He sai
Published 10 Jul, 2005 12:00am
SCCI and Pepa agree to combat pollution

SCCI and Pepa agree to combat pollution

Sarhad Chamber of Commerce & Industry (SCCI) and Pakistan Environmental Protection Agency (Pepa) on Saturday agreed to take steps for decreasing environmental pollution. The environmental protection agency also agreed to hold a seminar for creating awaren
Published 10 Jul, 2005 12:00am
Forthcoming LB elections: MMA starts contacts with opposition parties

Forthcoming LB elections: MMA starts contacts with opposition parties

The Mutahidda Majlis-e-Amal (MMA) has started the contacts with all the major opposition parties, including PPP, Muslim League-N, Tehrik-e-Insaf, Pakistan Jamhoori Party, to field consensus candidates against the official nominees in the local bodies' ele
Published 10 Jul, 2005 12:00am
ABL launches afternoon banking

ABL launches afternoon banking

The Allied Bank has launched afternoon banking on its entire online network of 731 branches. The bank will serve during the following revised business hours: From Monday to Thursday: from 9am to 1:30pm and 2:30pm to 4:30pm. On Friday: from 9am to 12:30pm
Published 10 Jul, 2005 12:00am
Prime Minister's visit causes hardships to DHA residents

Prime Minister's visit causes hardships to DHA residents

Residents in the Block V and Block 6 of the Defence Housing Authority (DHA) were extremely inconvenienced by the traffic police and the police on security duty along with Rangers and other special security units during the visit to the utility store in th
Published 10 Jul, 2005 12:00am
EPA NOC mandatory for construction along Express Highway

EPA NOC mandatory for construction along Express Highway

The Capital Development Authority (CDA) on Saturday directed to make Environmental Protection Agency (EPA) NOC mandatory for the construction along the Express Highway from Islamabad to Murree to check mushroom growth of 'illegal' housing societies. The A
Published 10 Jul, 2005 12:00am
NAB directed to initiate separate case against IIBL official

NAB directed to initiate separate case against IIBL official

The Supreme Court has directed National Accountability Bureau (NAB) to initiate separate case against Javed Iqbal Qureshi of Islamic Investment Bank Limited (IIBL) for committing fraud by submitting a cheque of Rs 50 million to the highest court. The cheq
Published 10 Jul, 2005 12:00am
Four held with 1.18 tons hashish

Four held with 1.18 tons hashish

The Anti-Smuggling Wing of Peshawar Customs Collectorate on Saturday foiled a smuggling attempt and seized a huge cache of 1180 kg hashish. According to customs officials, the contraband was recovered from a Hiace van at Scheme Chowk, Kohat Road, on the o
Published 10 Jul, 2005 12:00am
Cheema appointed as flood coordinator

Cheema appointed as flood coordinator

Punjab Chief Minister Chaudhry Pervaiz Elahi has appointed provincial Minister for Industries, Commerce and Investment, Muhammad Ajmal Cheema as Flood Co-ordinator for rehabilitation of victims in Sialkot. The Chief Minister has directed the minister to a
Published 10 Jul, 2005 12:00am
Petition filed for providing houses to homeless

Petition filed for providing houses to homeless

A member of the Lahore High Court Bar Association (LHCBA) has approached the Lahore High Court (LHC) with prayer to direct the respondent government to provide houses to homeless people of Pakistan. The petitioner, M.D. Tahir contended that a number of pe
Published 10 Jul, 2005 12:00am
Countrywide crackdown on fake drug stores soon

Countrywide crackdown on fake drug stores soon

To provide better health facilities to the masses, the Health Ministry has decided to launch a countrywide crackdown against fake and unregistered drug sellers soon. "The plan was chalked out a year ago but not implemented properly", an official in the Mi
Published 10 Jul, 2005 12:00am
Humayun due in Beijing on July 11

Humayun due in Beijing on July 11

Commerce Minister Humayun Akhtar Khan will arrive at Beijing on Monday on a four-day official visit to China. He is scheduled to represent the country at the two-day ministerial meeting of World Trade Organisation (WTO) to be held in the Chinese City of D
Published 10 Jul, 2005 12:00am
Humayun due in Beijing on July 11

Humayun due in Beijing on July 11

Commerce Minister Humayun Akhtar Khan will arrive at Beijing on Monday on a four-day official visit to China. He is scheduled to represent the country at the two-day ministerial meeting of World Trade Organisation (WTO) to be held in the Chinese City of D
Published 10 Jul, 2005 12:00am
Humayun due in Beijing on July 11

Humayun due in Beijing on July 11

Commerce Minister Humayun Akhtar Khan will arrive at Beijing on Monday on a four-day official visit to China. He is scheduled to represent the country at the two-day ministerial meeting of World Trade Organisation (WTO) to be held in the Chinese City of D
Published 10 Jul, 2005 12:00am
Mosque set on fire in UK

Mosque set on fire in UK

Suspected arsonists set a mosque in north-west England on fire on Saturday, police said, two days after a string of bomb attacks across London killed at least 50 people. A man living in a flat above the Shahjalal Mosque, which is part of an Islamic centre
Published 10 Jul, 2005 12:00am
Mosque set on fire in UK

Mosque set on fire in UK

Suspected arsonists set a mosque in north-west England on fire on Saturday, police said, two days after a string of bomb attacks across London killed at least 50 people. A man living in a flat above the Shahjalal Mosque, which is part of an Islamic centre
Published 10 Jul, 2005 12:00am
Islamabad refutes Afghan minister's claim about Osama

Islamabad refutes Afghan minister's claim about Osama

Refuting claim by the Afghan defence minister that al Qaeda leaders were likely to be present in Pakistan, the Foreign Office on Saturday said no one knows about the whereabouts of Osama bin Laden or his deputy and they could be anywhere, including Afghan
Published 10 Jul, 2005 12:00am
Islamabad refutes Afghan minister's claim about Osama

Islamabad refutes Afghan minister's claim about Osama

Refuting claim by the Afghan defence minister that al Qaeda leaders were likely to be present in Pakistan, the Foreign Office on Saturday said no one knows about the whereabouts of Osama bin Laden or his deputy and they could be anywhere, including Afghan
Published 10 Jul, 2005 12:00am
Husband, relatives cut woman's feet

Husband, relatives cut woman's feet

A man and some of his relatives chopped off his wife's feet after accusing her of being promiscuous, police said on Saturday. The woman survived the gruesome attack, the latest in a wave of assaults that have raised concern about the plight of women in th
Published 10 Jul, 2005 12:00am
ADB may approve $25 million loan for uplift projects

ADB may approve $25 million loan for uplift projects

The Asian Development Bank (ADB) is likely to approve a Technical Assistance (TA) loan of $25 million for infrastructure development project in near future, it is reliably learnt. Well-informed sources told Business Recorder here on Saturday that o
Published 10 Jul, 2005 12:00am
ADB may approve $25 million loan for uplift projects

ADB may approve $25 million loan for uplift projects

The Asian Development Bank (ADB) is likely to approve a Technical Assistance (TA) loan of $25 million for infrastructure development project in near future, it is reliably learnt. Well-informed sources told Business Recorder here on Saturday that o
Published 10 Jul, 2005 12:00am
ADB may approve $25 million loan for uplift projects

ADB may approve $25 million loan for uplift projects

The Asian Development Bank (ADB) is likely to approve a Technical Assistance (TA) loan of $25 million for infrastructure development project in near future, it is reliably learnt. Well-informed sources told Business Recorder here on Saturday that o
Published 10 Jul, 2005 12:00am
Bullion rates

Bullion rates

The bullion prices in major markets of the country on Saturday.

Published 10 Jul, 2005 12:00am
Bullion rates

Bullion rates

The bullion prices in major markets of the country on Saturday.

Published 10 Jul, 2005 12:00am
Religious scholar shot dead

Religious scholar shot dead

A religious scholar, Mufti Shamsuddin, was shot dead by unknown assailants in Orangi Town on Saturday morning. The 65-year-old Mufti Shamsuddin of Darul Uloom Hanifa in Orangi Town Sector 11-E was kidnapped when he was going to another Madressah for givin
Published 10 Jul, 2005 12:00am
Religious scholar shot dead

Religious scholar shot dead

A religious scholar, Mufti Shamsuddin, was shot dead by unknown assailants in Orangi Town on Saturday morning. The 65-year-old Mufti Shamsuddin of Darul Uloom Hanifa in Orangi Town Sector 11-E was kidnapped when he was going to another Madressah for givin
Published 10 Jul, 2005 12:00am
Orient Prosperity starts discharging cargo

Orient Prosperity starts discharging cargo

Orient Prosperity, the Indian container vessel, rescued two days back, was brought in completely upright opposition at about 0200 hours on Saturday after hectic efforts by Karachi Port Trust (KPT) team. Unloading of cargo has commenced and 50 containers h
Published 10 Jul, 2005 12:00am
Orient Prosperity starts discharging cargo

Orient Prosperity starts discharging cargo

Orient Prosperity, the Indian container vessel, rescued two days back, was brought in completely upright opposition at about 0200 hours on Saturday after hectic efforts by Karachi Port Trust (KPT) team. Unloading of cargo has commenced and 50 containers h
Published 10 Jul, 2005 12:00am
Orient Prosperity starts discharging cargo

Orient Prosperity starts discharging cargo

Orient Prosperity, the Indian container vessel, rescued two days back, was brought in completely upright opposition at about 0200 hours on Saturday after hectic efforts by Karachi Port Trust (KPT) team. Unloading of cargo has commenced and 50 containers h
Published 10 Jul, 2005 12:00am
87 percent area affected by flood in Sialkot

87 percent area affected by flood in Sialkot

The current flash flood has inundated crops covering an area of 10,418 acres and 358 houses in 28 villages of Sialkot district. Official sources told Business Recorder here on Saturday afternoon that 87 percent area had been affected by the current
Published 10 Jul, 2005 12:00am
Captured US commando killed in Afghanistan

Captured US commando killed in Afghanistan

Taleban said on Saturday they had killed a missing American commando they claimed to have captured in eastern Afghanistan last month, but the US military said it had no information to support the claim. Elsewhere, a senior pro-government cleric and his wi
Published 10 Jul, 2005 12:00am
Prgmea seeks amendment in SRO

Prgmea seeks amendment in SRO

While thanking the government for the issuance of SRO 437(I)/2005, providing support for research and development activity to textile garment industry, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Ijaz A Khokhar ha
Published 10 Jul, 2005 12:00am
Prgmea seeks amendment in SRO

Prgmea seeks amendment in SRO

While thanking the government for the issuance of SRO 437(I)/2005, providing support for research and development activity to textile garment industry, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Ijaz A Khokhar ha
Published 10 Jul, 2005 12:00am
Prgmea seeks amendment in SRO

Prgmea seeks amendment in SRO

While thanking the government for the issuance of SRO 437(I)/2005, providing support for research and development activity to textile garment industry, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Ijaz A Khokhar ha
Published 10 Jul, 2005 12:00am
US marines launch fresh raid in Iraq

US marines launch fresh raid in Iraq

US Marines on Saturday said they had launched a new counter-insurgency operation, the latest in a series of sweeps designed to root out militant bases in Iraq's Euphrates valley. Operation Scimitar involved about 500 US troops and 100 Iraqis, making it ab
Published 10 Jul, 2005 12:00am
US marines launch fresh raid in Iraq

US marines launch fresh raid in Iraq

US Marines on Saturday said they had launched a new counter-insurgency operation, the latest in a series of sweeps designed to root out militant bases in Iraq's Euphrates valley. Operation Scimitar involved about 500 US troops and 100 Iraqis, making it ab
Published 10 Jul, 2005 12:00am
Disney reconciles with dissident shareholders

Disney reconciles with dissident shareholders

Walt Disney Co on Friday patched up its differences with Roy Disney and Stanley Gold, two harshly critical shareholders, who pledged not to run a rival slate of directors or submit shareholder resolutions for five years, the parties said in a joint statem
Published 10 Jul, 2005 12:00am
Rice on mission to salvage North Korea talks

Rice on mission to salvage North Korea talks

Secretary of State Condoleezza Rice said on Friday the United States was committed to "keeping doors open" so North Korea could return to six-party nuclear talks but would not alter its negotiating proposal as an incentive to make that happen.
Published 10 Jul, 2005 12:00am
Former minister says Arroyo tried to delay tax rise

Former minister says Arroyo tried to delay tax rise

Philippine President Gloria Macapagal Arroyo wanted to delay the start of an expanded sales tax as a way to ease the worst crisis of her presidency, the country's former finance secretary said on Saturday. The comment by Cesar Purisima, who has joined cal
Published 10 Jul, 2005 12:00am
Luxembourg readies for tight EU constitution vote

Luxembourg readies for tight EU constitution vote

Luxembourg prepared Saturday to go to the polls on the eve of a referendum over the EU's constitution in what is expected to be a tight contest that could either give the beleaguered charter a jolt of life or put it out of its misery.
Published 10 Jul, 2005 12:00am
Suspect package causes Rome airport disruption

Suspect package causes Rome airport disruption

Police evacuated part of Rome's Fiumicino airport Saturday after the discovery of a suspect package in the zone occupied by British Airways, Israel's El Al carrier and United States airlines, airport authorities said. Check-in was suspended temporarily as
Published 10 Jul, 2005 12:00am
Britain commemorates WWII

Britain commemorates WWII

Two days after the worst-ever terrorist attack on British soil, the Bishop of London prayed Saturday for the bombed capital at a ceremony marking the 60th anniversary of the end of World War II. "This is a grave day for London," the bishop, Richard Chartr
Published 10 Jul, 2005 12:00am
Goldman eyes stake in China's ICBC

Goldman eyes stake in China's ICBC

Goldman Sachs is eyeing a substantial equity investment in China's largest lender, Industrial and Commercial Bank of China (ICBC), a local newspaper reported on Saturday. The US company, which teamed up with German financial firm Allianz AG, has started t
Published 10 Jul, 2005 12:00am
Hurricane Dennis leaves Cuba; 32 dead

Hurricane Dennis leaves Cuba; 32 dead

Deadly Hurricane Dennis left behind a battered Cuba with shattered houses, shredded power lines and debris-littered streets on Saturday and reintensified over the warm Gulf of Mexico after a Caribbean rampage that killed at least 32 people.
Published 10 Jul, 2005 12:00am
Germany to send more troops to Afghanistan

Germany to send more troops to Afghanistan

Germany wants to increase the number of its soldiers in Afghanistan by around a third, a Defence Ministry spokesman said on Saturday. The Bundestag, or lower house of parliament, would be asked to approve a government request to extend the soldiers' manda
Published 10 Jul, 2005 12:00am
Prime Minister leaves for Germany and Italy today

Prime Minister leaves for Germany and Italy today

Prime Minster Shaukat Aziz will leave on Sunday for a week-long visit of Germany and Italy, accompanied by a high-level business delegation, mainly with a view to strengthen the ongoing co-operation, particularly, in trade and investment.
Published 10 Jul, 2005 12:00am
Prime Minister leaves for Germany and Italy today

Prime Minister leaves for Germany and Italy today

Prime Minster Shaukat Aziz will leave on Sunday for a week-long visit of Germany and Italy, accompanied by a high-level business delegation, mainly with a view to strengthen the ongoing co-operation, particularly, in trade and investment.
Published 10 Jul, 2005 12:00am
Prime Minister leaves for Germany and Italy today

Prime Minister leaves for Germany and Italy today

Prime Minster Shaukat Aziz will leave on Sunday for a week-long visit of Germany and Italy, accompanied by a high-level business delegation, mainly with a view to strengthen the ongoing co-operation, particularly, in trade and investment.
Published 10 Jul, 2005 12:00am
Meeting on FTA with Malaysia from July 18

Meeting on FTA with Malaysia from July 18

The ministry of commerce is negotiating a free trade agreement (FTA) with Malaysia. The next meeting at the technical level will be held at Kuala Lumpur from 18-20 July 2005, where early harvest programme for immediate tariff reductions/elimination will b
Published 10 Jul, 2005 12:00am
Meeting on FTA with Malaysia from July 18

Meeting on FTA with Malaysia from July 18

The ministry of commerce is negotiating a free trade agreement (FTA) with Malaysia. The next meeting at the technical level will be held at Kuala Lumpur from 18-20 July 2005, where early harvest programme for immediate tariff reductions/elimination will b
Published 10 Jul, 2005 12:00am
Meeting on FTA with Malaysia from July 18

Meeting on FTA with Malaysia from July 18

The ministry of commerce is negotiating a free trade agreement (FTA) with Malaysia. The next meeting at the technical level will be held at Kuala Lumpur from 18-20 July 2005, where early harvest programme for immediate tariff reductions/elimination will b
Published 10 Jul, 2005 12:00am
Wapda to pay $98 million to GBHP contractors

Wapda to pay $98 million to GBHP contractors

The Water and Power Development Authority (Wapda) has agreed to pay $98 million to Ghazi Brotha Contractors (GBC), including the Italian firm, Impreglio, by August 9 after which both the parties will withdraw cases against each other, official sources tol
Published 10 Jul, 2005 12:00am
Wapda to pay $98 million to GBHP contractors

Wapda to pay $98 million to GBHP contractors

The Water and Power Development Authority (Wapda) has agreed to pay $98 million to Ghazi Brotha Contractors (GBC), including the Italian firm, Impreglio, by August 9 after which both the parties will withdraw cases against each other, official sources tol
Published 10 Jul, 2005 12:00am
Wapda to pay $98 million to GBHP contractors

Wapda to pay $98 million to GBHP contractors

The Water and Power Development Authority (Wapda) has agreed to pay $98 million to Ghazi Brotha Contractors (GBC), including the Italian firm, Impreglio, by August 9 after which both the parties will withdraw cases against each other, official sources tol
Published 10 Jul, 2005 12:00am
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