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May 08, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2005-07-11
Prices show upward trend in commodities market

Prices show upward trend in commodities market

Changes were quite a few on the wholesale commodities during the week ended on July 9, 2005, changes were significant in castorseeds, makai, plastic mouldings, tuver, guwar and wheat. The commodities on Monday had variations in castorseeds Sindh and Lasbe
Published 11 Jul, 2005 12:00am
Faysal Bank declares PLS profit rates

Faysal Bank declares PLS profit rates

Faysal Bank Limited has declared the following rates of profit for the period of six months ended on 30th June 2005.

Published 11 Jul, 2005 12:00am
Faysal Bank declares PLS profit rates

Faysal Bank declares PLS profit rates

Faysal Bank Limited has declared the following rates of profit for the period of six months ended on 30th June 2005.

Published 11 Jul, 2005 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 11 Jul, 2005 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 11 Jul, 2005 12:00am
KCA spot rate raised amid buying rush

KCA spot rate raised amid buying rush

The whisper in the air that the TCP may stop sales for a while had good effect on buying which paid dividend in increased return. The ginners were also approached for stuck up stocks, relevant sources said during the week ended on July 9, 2005. The spot r
Published 11 Jul, 2005 12:00am
$0.45 million ADB loan for NWFP social plan

$0.45 million ADB loan for NWFP social plan

The Asian Development Bank (ADB) has approve a Technical Assistance (TA) of $0.45 million for preparation of 'north-west Frontier Province Devolved Social Services Programme', aimed at transforming the services delivery into more effective, equitable and
Published 11 Jul, 2005 12:00am
Work on Lowari Tunnel may start in October

Work on Lowari Tunnel may start in October

Construction of the much-awaited Rs 8 billion mega Lowari Tunnel Project (LTP) to link Chitral district with other parts of the country is likely to commence in October, it is learnt. Formal announcement in this regard is expected on Monday by Chairman of
Published 11 Jul, 2005 12:00am
Prime Minister orders relief goods for Punjab flood victims

Prime Minister orders relief goods for Punjab flood victims

Prime Minister Shaukat Aziz on Sunday directed dispatch of relief goods for the people affected by floods in areas adjacent to the River Chenab in Punjab and asked for similar measures to meet any eventuality downstream in Sindh.
Published 11 Jul, 2005 12:00am
Rs 5.1 billion Madaris Reforms Project in doldrums

Rs 5.1 billion Madaris Reforms Project in doldrums

Madaris Reforms Project worth Rs 5.1 billion is in doldrums as heads of seminaries have refused to accept the appointment of Federal Education Minister Javed Ashraf Qazi as head of Madressah Reforms Board, made by Prime Minister Shaukat Aziz.
Published 11 Jul, 2005 12:00am
Plan to procure contamination-free cotton launched

Plan to procure contamination-free cotton launched

Federal Minister for Textile Industry Mushtaque Ali Cheema has said that the programme for procuring contamination-free cotton to match international standard has been launched.
Published 11 Jul, 2005 12:00am
PML sees Hasba Law detrimental to federation

PML sees Hasba Law detrimental to federation

Ruling Pakistan Muslim League (PML) on Sunday described the Hasba Bill being enacted by Muttahida Majlis-e-Amal (MMA) government in NWFP Assembly as a violation of the Constitution and threatened using legal channels to block its implementation in the pro
Published 11 Jul, 2005 12:00am
PPPP denounces Hasba Bill

PPPP denounces Hasba Bill

Pakistan Peoples Party Parliamentarians (PPPP) has denounced the Hasba Bill and questioned what it called an un-understandable silence on part of the ruling coalition over the issue. "The Hasba bill is against of the Constitution, violates the fundamental
Published 11 Jul, 2005 12:00am
Jamaat-e-Islami to field candidates in Mirpurkhas

Jamaat-e-Islami to field candidates in Mirpurkhas

Jamaat-i-Islami (JI) will field its candidates in all union councils of Mirpurkhas district under the banner of Al-Khidmat, said JI Mirpurkhas Ameer Ehsan Elahi Mughal. Speaking at a party meeting here on Saturday, the JI leader said his party would not g
Published 11 Jul, 2005 12:00am
Democratic period failed to improve social sector indicators

Democratic period failed to improve social sector indicators

The democratic period of 1998-99 failed to improve the social sector indicators, especially education. Politicians tended to recruit more teachers and doctors than to improve basic facilities of education and health, says a World Bank report.
Published 11 Jul, 2005 12:00am
Philanthropists lauded

Philanthropists lauded

Advisor to Chief Minister Punjab on Children Rights Dr Faiza Asghar has said philanthropists play a pivotal role in the sustainability of welfare-oriented projects and the government fully appreciates and recognises their efforts in this regard.
Published 11 Jul, 2005 12:00am
'13,000 Ulema to be trained in population planning'

'13,000 Ulema to be trained in population planning'

Federal Population We1fare Minister Chaudhry Shahhaz Hussain has said the government has decided to impart training to 13,000 Ulema in population planning so that they could create awareness among masses. In this connection, a special programme for Ulema
Published 11 Jul, 2005 12:00am
Talks on arms control with China on July 12

Talks on arms control with China on July 12

Senior officers from Pakistan and China will meet here on Tuesday to hold consultation on matters relating to arms control disarmament and nuclear non-proliferation. The two countries have set up a 'Consultation mechanism' to co-ordinate each other positi
Published 11 Jul, 2005 12:00am
Talks on arms control with China on July 12

Talks on arms control with China on July 12

Senior officers from Pakistan and China will meet here on Tuesday to hold consultation on matters relating to arms control disarmament and nuclear non-proliferation. The two countries have set up a 'Consultation mechanism' to co-ordinate each other positi
Published 11 Jul, 2005 12:00am
CBR task force to recover tax arrears

CBR task force to recover tax arrears

The Central Board of Revenue (CBR) has constituted ''Task Force'' in each collectorate of customs for speedy recovery of arrears from the tax defaulters. Official sources told Business Recorder on Sunday that the Task Force would be headed by Addit
Published 11 Jul, 2005 12:00am
CBR task force to recover tax arrears

CBR task force to recover tax arrears

The Central Board of Revenue (CBR) has constituted 'Task Force' in each collectorate of customs for speedy recovery of arrears from the tax defaulters. Official sources told Business Recorder on Sunday that the Task Force would be headed by Additio
Published 11 Jul, 2005 12:00am
CBR task force to recover tax arrears

CBR task force to recover tax arrears

The Central Board of Revenue (CBR) has constituted 'Task Force' in each collectorate of customs for speedy recovery of arrears from the tax defaulters. Official sources told Business Recorder on Sunday that the Task Force would be headed by Additio
Published 11 Jul, 2005 12:00am
Pakistanis in US urged to invest at home

Pakistanis in US urged to invest at home

Three Pakistani ministers urged their compatriots living in the US to invest in the development of the country while assuring them of stepped-up efforts to resolve the problems they faced here and at home.
Published 11 Jul, 2005 12:00am
INCTR to offer training plan for paediatricians

INCTR to offer training plan for paediatricians

International Network for Cancer Treatment and Research (INCTR) in collaboration with Pakistan Society of Paediatric Oncology, intend to offer a fellowship training programme for local doctors in the discipline of cancer among children.
Published 11 Jul, 2005 12:00am
SSUET to hold seminar to develop disaster warning system

SSUET to hold seminar to develop disaster warning system

The Sir Syed University of Engineering and Technology (SSUET) is organising a technical seminar to seek the views, co-operation and assistance of concerned governments and private agencies/organisations in developing an action plan for installation of 'Di
Published 11 Jul, 2005 12:00am
Firm trend on LSE

Firm trend on LSE

Share values depicted firmness on Lahore Stock Exchange (LSE) during the last week with a range-bound activity, resulting from quandary over badla transactions issue and above all inquisitiveness among market players regarding outcome of the report of Tas
Published 11 Jul, 2005 12:00am
Firm trend on LSE

Firm trend on LSE

Share values depicted firmness on Lahore Stock Exchange (LSE) during the last week with a range-bound activity, resulting from quandary over badla transactions issue and above all inquisitiveness among market players regarding outcome of the report of Tas
Published 11 Jul, 2005 12:00am
KESC gets more time for tariff deal with WEL

KESC gets more time for tariff deal with WEL

The Private Power and Infrastructure Board (PPIB) has given more time to Western Electric Limited (WEL) to finalise tariff negotiations with Karachi Electric Supply Corporation (KESC), sources told Business Recorder. An official document suggested that th
Published 11 Jul, 2005 12:00am
KESC gets more time for tariff deal with WEL

KESC gets more time for tariff deal with WEL

The Private Power and Infrastructure Board (PPIB) has given more time to Western Electric Limited (WEL) to finalise tariff negotiations with Karachi Electric Supply Corporation (KESC), sources told Business Recorder. An official document suggested that th
Published 11 Jul, 2005 12:00am
KESC gets more time for tariff deal with WEL

KESC gets more time for tariff deal with WEL

The Private Power and Infrastructure Board (PPIB) has given more time to Western Electric Limited (WEL) to finalise tariff negotiations with Karachi Electric Supply Corporation (KESC), sources told Business Recorder. An official document suggested that th
Published 11 Jul, 2005 12:00am
Share values consolidate

Share values consolidate

Share values for the second consecutive week scored more than 100 points last week ending on July 9, 2005, despite the fact that market players were anxiously waiting for some positive news related to sell-off of Pakistan State Oil and carryover transacti
Published 11 Jul, 2005 12:00am
Share values consolidate

Share values consolidate

Share values for the second consecutive week scored more than 100 points last week ending on July 9, 2005, despite the fact that market players were anxiously waiting for some positive news related to sell-off of Pakistan State Oil and carryover transacti
Published 11 Jul, 2005 12:00am
Share values consolidate

Share values consolidate

Share values for the second consecutive week scored more than 100 points last week ending on July 9, 2005, despite the fact that market players were anxiously waiting for some positive news related to sell-off of Pakistan State Oil and carryover transacti
Published 11 Jul, 2005 12:00am
Zero sales tax on jute products

Zero sales tax on jute products

The Central Board of Revenue (CBR) has conveyed to Pakistan Jute Mills Association (PJMA), Karachi, that sales tax at the rate of zero percent would be applicable on import and supply of jute and its products, including sacks/bags.
Published 11 Jul, 2005 12:00am
Zero sales tax on jute products

Zero sales tax on jute products

The Central Board of Revenue (CBR) has conveyed to Pakistan Jute Mills Association (PJMA), Karachi, that sales tax at the rate of zero percent would be applicable on import and supply of jute and its products, including sacks/bags.
Published 11 Jul, 2005 12:00am
Zero sales tax on jute products

Zero sales tax on jute products

The Central Board of Revenue (CBR) has conveyed to Pakistan Jute Mills Association (PJMA), Karachi, that sales tax at the rate of zero percent would be applicable on import and supply of jute and its products, including sacks/bags.
Published 11 Jul, 2005 12:00am
Zero sales tax on jute products

Zero sales tax on jute products

The Central Board of Revenue (CBR) has conveyed to Pakistan Jute Mills Association (PJMA), Karachi, that sales tax at the rate of zero percent would be applicable on import and supply of jute and its products, including sacks/bags.
Published 11 Jul, 2005 12:00am
POL consumption up by 10 percent

POL consumption up by 10 percent

The galloping economy of Pakistan paid no heed to rise in domestic petroleum products (POL) prices during FY05. POL products consumption in the country grew by 10 percent during the outgoing fiscal year 2004-05. During first half of FY05, the industry wit
Published 11 Jul, 2005 12:00am
POL consumption up by 10 percent

POL consumption up by 10 percent

The galloping economy of Pakistan paid no heed to rise in domestic petroleum products (POL) prices during FY05. POL products consumption in the country grew by 10 percent during the outgoing fiscal year 2004-05. During first half of FY05, the industry wit
Published 11 Jul, 2005 12:00am
POL consumption up by 10 percent

POL consumption up by 10 percent

The galloping economy of Pakistan paid no heed to rise in domestic petroleum products (POL) prices during FY05. POL products consumption in the country grew by 10 percent during the outgoing fiscal year 2004-05. During first half of FY05, the industry wit
Published 11 Jul, 2005 12:00am
The Rupee: rates move both ways in currency market

The Rupee: rates move both ways in currency market

The rupee maintained a firm posture versus the dollar in the currency market last week, money experts said. In the inter-bank, the rupee gained six paisa in relation to the dollar for buying and selling at 59.55 and 59.60 on easy supply of the US currency
Published 11 Jul, 2005 12:00am
The Rupee: rates move both ways in currency market

The Rupee: rates move both ways in currency market

The rupee maintained a firm posture versus the dollar in the currency market last week, money experts said. In the inter-bank, the rupee gained six paisa in relation to the dollar for buying and selling at 59.55 and 59.60 on easy supply of the US currency
Published 11 Jul, 2005 12:00am
Guantanamo Bay CO relieved of duty

Guantanamo Bay CO relieved of duty

The top officer of the US naval base at Guantanamo Bay, Cuba has been removed from duty there, the US Navy said, stressing that the move was unrelated to "detainee operations." Captain Leslie McCoy was relieved of his duties as commanding officer (CO) of
Published 11 Jul, 2005 12:00am
Four mosques hit

Four mosques hit

Four mosques in separate English cities have been damaged slightly by fires set deliberately since London was hit by terrorist bombings, police said on Sunday. Incidents reported by individual police forces included arson attacks on mosques in Leeds, Belv
Published 11 Jul, 2005 12:00am
MMA demonstration against target killings

MMA demonstration against target killings

The Muttahida Majlis-e-Amal (MMA) on Sunday staged a demo here in front of Karachi Press Club against target killings of political and religious leaders, and hike in prices of oil, gas and daily-use items. Protestors, carrying placards and banners, chante
Published 11 Jul, 2005 12:00am
Shaukat arrives in Frankfurt

Shaukat arrives in Frankfurt

Prime Minister Shaukat Aziz reached here on Sunday evening to kick off his three-day visit to Germany. The Prime Minister and his entourage were received by Asif Ezdi, Pakistan''s Ambassador to Germany, along with senior officials of the German foreign mi
Published 11 Jul, 2005 12:00am
Shaukat arrives in Frankfurt

Shaukat arrives in Frankfurt

Prime Minister Shaukat Aziz reached here on Sunday evening to kick off his three-day visit to Germany. The Prime Minister and his entourage were received by Asif Ezdi, Pakistan's Ambassador to Germany, along with senior officials of the German foreign min
Published 11 Jul, 2005 12:00am
Shaukat arrives in Frankfurt

Shaukat arrives in Frankfurt

Prime Minister Shaukat Aziz reached here on Sunday evening to kick off his three-day visit to Germany. The Prime Minister and his entourage were received by Asif Ezdi, Pakistan's Ambassador to Germany, along with senior officials of the German foreign min
Published 11 Jul, 2005 12:00am
Badla investment and rates decline: SECP suspends COT phase-out

Badla investment and rates decline: SECP suspends COT phase-out

The Securities and Exchange Commission of Pakistan (SECP) has accepted the plea of stock exchanges to suspend the phase-out of Carryover Transaction (COT) at the present level of Rs 12 billion, according to an SECP announcement.
Published 11 Jul, 2005 12:00am
Badla investment and rates decline: SECP suspends COT phase-out

Badla investment and rates decline: SECP suspends COT phase-out

The Securities and Exchange Commission of Pakistan (SECP) has accepted the plea of stock exchanges to suspend the phase-out of Carryover Transaction (COT) at the present level of Rs 12 billion, according to an SECP announcement.
Published 11 Jul, 2005 12:00am
Badla investment and rates decline: SECP suspends COT phase-out

Badla investment and rates decline: SECP suspends COT phase-out

The Securities and Exchange Commission of Pakistan (SECP) has accepted the plea of stock exchanges to suspend the phase-out of Carryover Transaction (COT) at the present level of Rs 12 billion, according to an SECP announcement.
Published 11 Jul, 2005 12:00am
34 killed in Iraq suicide attacks

34 killed in Iraq suicide attacks

At least 34 people, mostly young men seeking to join the Iraqi army, were killed in a spate of suicide bombings on Sunday as the United States and Britain considered a drastic troop reduction in the country. In the deadliest of the seven attacks, a bomber
Published 11 Jul, 2005 12:00am
34 killed in Iraq suicide attacks

34 killed in Iraq suicide attacks

At least 34 people, mostly young men seeking to join the Iraqi army, were killed in a spate of suicide bombings on Sunday as the United States and Britain considered a drastic troop reduction in the country. In the deadliest of the seven attacks, a bomber
Published 11 Jul, 2005 12:00am
22 Afghan troops and cops killed

22 Afghan troops and cops killed

A weekend of violence in Afghanistan left 22 police and soldiers and three Taleban dead, with fugitive elements of the ousted regime vowing to increase attacks ahead of elections in September. Two separate attacks in the south and south-east of the countr
Published 11 Jul, 2005 12:00am
22 Afghan troops and cops killed

22 Afghan troops and cops killed

A weekend of violence in Afghanistan left 22 police and soldiers and three Taleban dead, with fugitive elements of the ousted regime vowing to increase attacks ahead of elections in September. Two separate attacks in the south and south-east of the countr
Published 11 Jul, 2005 12:00am
Indus in high flood at Guddu

Indus in high flood at Guddu

The River Indus at Guddu Barrage is in high flood with rising tendency, while the River Chenab is in low-to-medium flood at Trimmu with rising tendency. Water discharge in the Indus at Guddu at 6.00 am was 545,000 cusecs, which is likely to rise to 560,00
Published 11 Jul, 2005 12:00am
Indus in high flood at Guddu

Indus in high flood at Guddu

The River Indus at Guddu Barrage is in high flood with rising tendency, while the River Chenab is in low-to-medium flood at Trimmu with rising tendency. Water discharge in the Indus at Guddu at 6.00 am was 545,000 cusecs, which is likely to rise to 560,00
Published 11 Jul, 2005 12:00am
ADB commits Rs 3 billion for coastal areas uplift

ADB commits Rs 3 billion for coastal areas uplift

The Asian Development Bank (ADB) has committed 50 million US dollars (Rs 3 billion) for Sindh Coastal and Inland Community Development Project (SCICDP) to be implemented during the year 2006. The amount will be spent under an integrated Coastal Zone Manag
Published 11 Jul, 2005 12:00am
Pakistani detained over London bombings

Pakistani detained over London bombings

A US intelligence source told Time on Sunday that a Pakistani was detained Friday at Stansted Airport outside London, allegedly with a map of the underground system and the three bombed train stations circled.
Published 11 Jul, 2005 12:00am
Pakistani detained over London bombings

Pakistani detained over London bombings

A US intelligence source told Time on Sunday that a Pakistani was detained Friday at Stansted Airport outside London, allegedly with a map of the underground system and the three bombed train stations circled.
Published 11 Jul, 2005 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week (July 04 to 09, 2005).

Published 11 Jul, 2005 12:00am
The Weather

The Weather

The weather report on Sunday (July 10) and the forecast for Monday (July 11, 2005).
Published 11 Jul, 2005 12:00am
When I'm mobile: The rough and dynamic Karachi

When I'm mobile: The rough and dynamic Karachi

Intend a getaway, an action-packed adventure full of hair-raising rides and thrills this summer? Take a few days off, pack your sun block, helmet, mosquito- repellent, motion sickness medicine, hire a car or buy one if you don't possess one already and he
Published 11 Jul, 2005 12:00am
Garlic, a friendly bulb

Garlic, a friendly bulb

Garlic (Allium sativa, L and its close relative onion (Allium cepa, L.) that belong to Family Lilliaceae are under cultivation from remote antiquity for seasoning of food and for therapeutic benefits as known to the people in early ages. Garlic is suppose
Published 11 Jul, 2005 12:00am
Population Day today: population and environment go hand in hand

Population Day today: population and environment go hand in hand

WORLD Population Day is celebrated every year on July 11. This year's theme is "Equality Empowers". The theme focuses on gender equality and how to give equal opportunities and rights including reproductive rights, to women for improving societies and ens
Published 11 Jul, 2005 12:00am
HEALTH UPDATE: even identical twins grow apart genetically

HEALTH UPDATE: even identical twins grow apart genetically

Identical twins grow apart, genetically, as the years pass, a team of European and US researchers reported on Tuesday (July 5). Their study of identical twins show the genetic code itself does not change, but rather chemical changes after birth alter the
Published 11 Jul, 2005 12:00am
HEALTH UPDATE: TV is bad for children's education

HEALTH UPDATE: TV is bad for children's education

The more time children spend watching television the poorer they perform academically, according to three studies published on Monday (July 4). Excessive television viewing has been blamed for increasing rates of childhood obesity and for aggressive behav
Published 11 Jul, 2005 12:00am
HEALTH UPDATE: aspirin and vitamin E don't prevent cancer

HEALTH UPDATE: aspirin and vitamin E don't prevent cancer

A 12-year of study involving nearly 40,000 US women has found that regular, low doses of aspirin do not generally prevent cancer, and vitamin E is ineffective in warding off heart disease and cancer.
Published 11 Jul, 2005 12:00am
HEALTH UPDATE: 'Talking' chemical may signal aggressive cancer

HEALTH UPDATE: 'Talking' chemical may signal aggressive cancer

A chemical that nerves use to talk to each other might help show which tumours are the most likely to spread, US researchers reported on Monday (July 4). Gamma amino butyric acid, or GABA, is found at unusually high levels in some aggressive lung, thyroid
Published 11 Jul, 2005 12:00am
HEALTH UPDATE: pineapple crush can fight cancer

HEALTH UPDATE: pineapple crush can fight cancer

Australian scientists have discovered pineapple molecules can act as powerful anti-cancer agents and said Thursday (July 7) the research could lead to a new class of cancer-fighting drugs. Scientists at the Queensland Institute of Medical Research (QIMR)
Published 11 Jul, 2005 12:00am
Dual core Intel processor achieves fastest benchmark

Dual core Intel processor achieves fastest benchmark

Based on internal testing by Intel Corporation, the forthcoming dual-core Intel (r) Itanium (r) processor codenamed " Montecito" demonstrated a 60 percent performance increase over a previous technical computing benchmark posted by a four-way RISC- based
Published 11 Jul, 2005 12:00am
Ringtones make music for record labels

Ringtones make music for record labels

Ringtones, those song snippets that announce incoming mobile phone calls, are making noise at the top of the pop charts and on the bottom line of multibillion-dollar businesses. Young cell-phone users see a chance to show off their musical taste and custo
Published 11 Jul, 2005 12:00am
China Mobile formalises messaging service billing

China Mobile formalises messaging service billing

China's top mobile carrier, China Mobile (Hong Kong) Ltd, has launched a revenue sharing system for its mobile messaging service partners on July 06, as it tries to carve out a bigger piece of the pie for itself.
Published 11 Jul, 2005 12:00am
Indosat plans less capital spending in 2006

Indosat plans less capital spending in 2006

Indonesia's second-largest telecommunications company, PT Indosat Tbk, plans lower capital expenditure next year as it has completed most of its network expansion, an Indonesian daily reported on July 06. The newly appointed president director of the comp
Published 11 Jul, 2005 12:00am
Oracle helping SAP customers in Asia Pacific

Oracle helping SAP customers in Asia Pacific

Oracle on July 08 announced that it is offering SAP R/3 customers, who are faced with having to re-license ad re-implement their applications in order to upgrade to my SAP ERP or my SAP Business Suite. An alternative to move to Oracle @ E-business Suite,
Published 11 Jul, 2005 12:00am
MTN Telecoms firm's sale triples in Rwanda this year

MTN Telecoms firm's sale triples in Rwanda this year

Greedy middlemen used to pay dirt cheap prices for Rwandan farmer Cyprian Habumuremyi's potatoes grown around this lush northern hilltop village. Then a kiosk owner bought a wireless phone and Habumuremyi's fortunes changed.
Published 11 Jul, 2005 12:00am
MTN Telecoms firm's sale triples in Rwanda this year

MTN Telecoms firm's sale triples in Rwanda this year

Greedy middlemen used to pay dirt cheap prices for Rwandan farmer Cyprian Habumuremyi's potatoes grown around this lush northern hilltop village. Then a kiosk owner bought a wireless phone and Habumuremyi's fortunes changed.
Published 11 Jul, 2005 12:00am
ASML to unveil new chip making machine

ASML to unveil new chip making machine

Dutch chip equipment maker ASML is set to unveil a new lithography machine that will enable the semiconductor industry to make chips with much smaller features. Next week, at the Semicon West trade show in San Francisco, ASML will announce a high volume p
Published 11 Jul, 2005 12:00am
Telekom launches Lanka's biggest IPO

Telekom launches Lanka's biggest IPO

Telekom Malaysia's Sri Lankan mobile unit launched the island's biggest IPO on July 07, with managers to the issue saying the overbid sale would raise around $85 million and would close the same day. Investors had oversubscribed the issue of Sri Lanka's t
Published 11 Jul, 2005 12:00am
Telekom launches Lanka's biggest IPO

Telekom launches Lanka's biggest IPO

Telekom Malaysia's Sri Lankan mobile unit launched the island's biggest IPO on July 07, with managers to the issue saying the overbid sale would raise around $85 million and would close the same day. Investors had oversubscribed the issue of Sri Lanka's t
Published 11 Jul, 2005 12:00am
SK Telecom chief executive

SK Telecom chief executive

The chief executive of SK Telecom, South Korea's top mobile operator, said on July 06, he expects the firm will meet its 2005 sales target but added record fines for unfair competition will cut into earnings.
Published 11 Jul, 2005 12:00am
SK Telecom chief executive

SK Telecom chief executive

The chief executive of SK Telecom, South Korea's top mobile operator, said on July 06, he expects the firm will meet its 2005 sales target but added record fines for unfair competition will cut into earnings.
Published 11 Jul, 2005 12:00am
Finnish operator

Finnish operator

Finland's No. 2 telecom operator Elisa will bid for smaller rival Saunalahti, boosting its position in the fiercely competitive Finnish mobile phone market, Elisa said on Thursday. Its all-share bid valued at 320 million euros ($385 million) trumps an ear
Published 11 Jul, 2005 12:00am
Finnish operator

Finnish operator

Finland's No. 2 telecom operator Elisa will bid for smaller rival Saunalahti, boosting its position in the fiercely competitive Finnish mobile phone market, Elisa said on Thursday. Its all-share bid valued at 320 million euros ($385 million) trumps an ear
Published 11 Jul, 2005 12:00am
Manitoba Tel buys Delphi Solutions

Manitoba Tel buys Delphi Solutions

Manitoba Telecom Services Inc., one of Canada's largest phone companies, has bought Delphi Solutions Corp for about C$15 million ($12 million) in cash, the two firms said on July 5. Delphi sells telecom systems and related services mostly to mid-sized Can
Published 11 Jul, 2005 12:00am
ITI to spend $1.6 million to boost capacity

ITI to spend $1.6 million to boost capacity

Indian Telephone Industries (ITI) Ltd will spend 70 million rupees ($1.6 million) by September to boost its GSM phone line capacity in the world's fastest growing major wireless market, the government said on July 06.
Published 11 Jul, 2005 12:00am
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