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Print - 2005-07-13
Oil jumps nearly $2 as new storm Emily brews

Oil jumps nearly $2 as new storm Emily brews

Oil prices surged nearly $2 on Tuesday as relief that Hurricane Dennis had passed without major disruption to US offshore oil infrastructure gave way to concern about a new Atlantic storm. US light sweet crude for August delivery settled up $1.70 to $60.6
Published 13 Jul, 2005 12:00am
Oil jumps nearly $2 as new storm Emily brews

Oil jumps nearly $2 as new storm Emily brews

Oil prices surged nearly $2 on Tuesday as relief that Hurricane Dennis had passed without major disruption to US offshore oil infrastructure gave way to concern about a new Atlantic storm. US light sweet crude for August delivery settled up $1.70 to $60.6
Published 13 Jul, 2005 12:00am
US MIDDAY: coffee firmer by scale-down roaster buying

US MIDDAY: coffee firmer by scale-down roaster buying

US arabica coffee futures edged higher after a choppy Tuesday session, buoyed by light scale-down roaster buying, traders said. The New York Board of Trade's most-active September arabica contract rose 0.35 cent to settle at $1.0490 a lb, after trading fr
Published 13 Jul, 2005 12:00am
US MIDDAY: cocoa extends gains on follow-through buying

US MIDDAY: cocoa extends gains on follow-through buying

US cocoa futures prices ended firmer Tuesday, extending the previous session's gains on follow-through speculative buying amid a weakening dollar, traders said. The New York Board of Trade's most-active September cocoa contract concluded $6 higher at $1,4
Published 13 Jul, 2005 12:00am
US MIDDAY: sugar touch higher on modest speculative buying

US MIDDAY: sugar touch higher on modest speculative buying

Raw sugar futures settled marginally firmer Tuesday on modest speculative buying as the market is seen consolidating in a band after rallying last week to near a 4-1/2 year high, traders said. The New York Board of Trade's active October sugar contract ro
Published 13 Jul, 2005 12:00am
US MIDDAY: wheat down on spillover pressure

US MIDDAY: wheat down on spillover pressure

Wheat futures at the Chicago Board of Trade dropped early on Tuesday in response to the release of bearish wheat production numbers from the US Department of Agriculture, traders said. A sharp drop in soya and a sag in corn futures also lent some addition
Published 13 Jul, 2005 12:00am
US MIDDAY: corn lower on weather condition

US MIDDAY: corn lower on weather condition

Corn futures at the Chicago Board of Trade were lower by Tuesday's midsession, pressured by rains moving across Illinois and forecasts for more, traders said. The leading crop state needed moisture to optimise yield potential. July is the key yield determ
Published 13 Jul, 2005 12:00am
US MIDDAY: soyabean falls on stocks data

US MIDDAY: soyabean falls on stocks data

Soyabean futures at the Chicago Board of Trade tumbled early on Tuesday as traders brushed off supportive USDA stocks data and turned their attention to weather maps showing rains moving through the parched areas of Illinois, floor traders said.
Published 13 Jul, 2005 12:00am
US MIDDAY: copper mixed on follow-through buying

US MIDDAY: copper mixed on follow-through buying

New York copper futures quietly mixed on Tuesday as the market failed to attract follow-through buying from Monday's run to fresh 16-year highs, traders said. "It looks like we're taking a breather from yesterday's gains. There's not a whole lot of busine
Published 13 Jul, 2005 12:00am
US MIDDAY: gold up meekly on speculative buying

US MIDDAY: gold up meekly on speculative buying

US gold futures nosed higher in quiet trade early Tuesday, propped by speculative buying on the back of a stronger euro against the dollar, but stiff upside resistance barred further gains for now, dealers said.
Published 13 Jul, 2005 12:00am
Balochistan road mishap kills nine

Balochistan road mishap kills nine

At least nine people were killed and more than 20 injured when a passenger coach plunged into a ditch in Balochistan early on Tuesday. The coach travelling from Quetta to Karachi, went out of the control of driver anticipating a sharp turn near Bela about
Published 13 Jul, 2005 12:00am
Balochistan road mishap kills nine

Balochistan road mishap kills nine

At least nine people were killed and more than 20 injured when a passenger coach plunged into a ditch in Balochistan early on Tuesday. The coach travelling from Quetta to Karachi, went out of the control of driver anticipating a sharp turn near Bela about
Published 13 Jul, 2005 12:00am
Transparency International lauds Pakistani reforms agenda

Transparency International lauds Pakistani reforms agenda

Chairman of the Transparency International Professor Dr Peter Eigen on Tuesday appreciated reforms agenda initiated by the government and said these measures have improved the image of the country in the world community.
Published 13 Jul, 2005 12:00am
Transparency International lauds Pakistani reforms agenda

Transparency International lauds Pakistani reforms agenda

Chairman of the Transparency International Professor Dr Peter Eigen on Tuesday appreciated reforms agenda initiated by the government and said these measures have improved the image of the country in the world community.
Published 13 Jul, 2005 12:00am
Anomaly committee set up

Anomaly committee set up

On the recommendation of business community, the government has constituted an anomaly committee to address the issues relating to fiscal measures announced in the 2005-06 budget. A CBR official told Business Recorder on Tuesday that the anomaly co
Published 13 Jul, 2005 12:00am
Heavy rain forecast for Rawalpindi and Islamabad

Heavy rain forecast for Rawalpindi and Islamabad

The Meteorological department has issued heavy rain alert for Rawalpindi /Islamabad during next 24 to 36 hours asking authorities to take precautionary measures as water level in Nullah Lai might reach dangerous mark and cause flood situation. Nullah Lai
Published 13 Jul, 2005 12:00am
Use of President's picture in local bodies polls banned

Use of President's picture in local bodies polls banned

An official spokesman in a statement issued here on Tuesday has asked the candidates participating in the forthcoming local bodies (LB) elections to refrain from trying to gain political mileage by displaying photographs and images of the President as par
Published 13 Jul, 2005 12:00am
Hasba Bill: Centre studying two options

Hasba Bill: Centre studying two options

The government is considering several options, including approaching the Supreme Court, to block attempts by Muttahida Majlis-i-Amal (MMA) rulers in the NWFP against introduction of the controversial Hasba Bill, which has apparently put the Centre on the
Published 13 Jul, 2005 12:00am
Statements by tax collection agents: CBR directive to RCITs

Statements by tax collection agents: CBR directive to RCITs

The Central Board of Revenue (CBR) has directed all Regional Commissioners of Income Tax (RCITs) that Income Tax Rules 2002 have been amended to issue a new statement to be filed by the tax collecting/deducting agents. In this regard, the CBR has recently
Published 13 Jul, 2005 12:00am
Statements by tax collection agents: CBR directive to RCITs

Statements by tax collection agents: CBR directive to RCITs

The Central Board of Revenue (CBR) has directed all Regional Commissioners of Income Tax (RCITs) that Income Tax Rules 2002 have been amended to issue a new statement to be filed by the tax collecting/deducting agents. In this regard, the CBR has recently
Published 13 Jul, 2005 12:00am
National Mango and Dates Exposition opens

National Mango and Dates Exposition opens

The 14th National Mango and Dates Exposition 2005 opened here, on Tuesday with three new varieties of mangoes, one of dates and some new products in processed foods. The show will continue until Thursday, closing with a seminar on the development of summe
Published 13 Jul, 2005 12:00am
CBR mulling to set up command center to check smuggling

CBR mulling to set up command center to check smuggling

The Central Board of Revenue (CBR) is seriously considering setting up a central command center (CCC) and elite anti-smuggling units to control the menace of illicit trade. Official sources told Business Recorder on Tuesday the idea was discussed i
Published 13 Jul, 2005 12:00am
Rajanpur boat tragedy grieves Jatoi

Rajanpur boat tragedy grieves Jatoi

Federal Minister for Water and Power Liaquat Ali Jatoi has expressed his deep concern and grief over the tragic incident in Rojhan village in Rajanpur district where 14 precious lives have been lost due to hitting of a rescue boat with the electricity pol
Published 13 Jul, 2005 12:00am
Kashmir Martyrs Day today

Kashmir Martyrs Day today

All is set to observe the 74th Kashmir Martyrs Day on July 13 by the Kashmiris inhibiting either side of the line of control and rest of the world with the renewal of the pledge to continue the ongoing freedom struggle for the achievement of their birth r
Published 13 Jul, 2005 12:00am
Hasba bill to weaken state institutions: ANP

Hasba bill to weaken state institutions: ANP

The proposed Hasba Bill is an attempt to establish complete supremacy over province's all state institutions, the Awami National Party (ANP) Central Vice President Haji Muhammad Adeel said on Monday. Speaking in a PTV programme, he said Hasba Bill was an
Published 13 Jul, 2005 12:00am
India asked to behave seriously for Kashmir solution

India asked to behave seriously for Kashmir solution

Chairman All Parties Hurriyat Conference, Mirwaiz Omar Farooq has said that it is high time for the Indian government to seriously initiate a substantial process for the solution of Kashmir dispute. The APHC leadership was ready to play its role to take t
Published 13 Jul, 2005 12:00am
'Hasba bill against all human, civilised norms'

'Hasba bill against all human, civilised norms'

Taking serious exception of the Hasba bill moved in the NWFP provincial assembly by the Muttahida Majlis-e-Amal (MMA) government, Secretary General Human Rights Commission of Pakistan (HRCP), Syed Iqbal Haider termed it as "contrary to all human and civil
Published 13 Jul, 2005 12:00am
Pakistan opposes G4 resolution on UN Council seats

Pakistan opposes G4 resolution on UN Council seats

Pakistan has mounted a strong opposition in the UN General Assembly to a draft resolution from India, Brazil, Germany and Japan, aspirants to permanent seats in an expanded Security Council, calling it a "selfish" demand for "unequal privileges".
Published 13 Jul, 2005 12:00am
Bid to defame Islam in India on women's status

Bid to defame Islam in India on women's status

Shameem, a Muslim farmer in northern India, is convinced there is a new conspiracy to humiliate his minority religion in the predominantly Hindu country. The swarthy man, his eyes blazing with anger, stands in a narrow alley separating mud-and-brick house
Published 13 Jul, 2005 12:00am
Water shortage

Water shortage

Almost all major cities of Pakistan are faced with acute water shortage these days. The President's announcement of 'Potable water for all in 3 years' made the headlines in the newspapers.
Published 13 Jul, 2005 12:00am
Anti-Muslim Indian films

Anti-Muslim Indian films

Most of Indian films nowadays being produced and shown on Indian TV channels, cables and other sources, are based on vulgarity, nudity, crime, anti-Indo-Pakistan culture and above all anti-Muslim as well as anti-Pakistan designs.
Published 13 Jul, 2005 12:00am
Communists happy to sell off Calcutta's faded glory

Communists happy to sell off Calcutta's faded glory

Once known as the Jewel of the East, the Great Eastern Hotel in Calcutta, former capital of colonial India, has seen better days. Used by the British to billet their troops during a mutiny by Indian soldiers in 1857 and again in the 1960s to house the Que
Published 13 Jul, 2005 12:00am
Tough measures needed as Asian population soars

Tough measures needed as Asian population soars

Faced with the biggest population timebomb in the history of mankind, Asia's governments have rarely shied away from imposing themselves on the intensely private matter of birth control, but times may be changing. The region has three of the world's four
Published 13 Jul, 2005 12:00am
The Weather

The Weather

The weather report on Tuesday (July 12) and the forecast for Wednesday (July 13, 2005).
Published 13 Jul, 2005 12:00am
What to do with Railways' sleeper factories?

What to do with Railways' sleeper factories?

According to a Business Recorder report from Islamabad, the government has disallowed the Ministry of Railways (MoR) to lease out two of its concrete sleeper manufacturing factories situated in Kotri and Kohat.
Published 13 Jul, 2005 12:00am
New York cotton

New York cotton

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

Published 13 Jul, 2005 12:00am
Replacing COT with margin financing, no insurmountable problem

Replacing COT with margin financing, no insurmountable problem

The directive from the Securities and Exchange Commission of Pakistan to suspend further phase-out of Carry Over Transactions (COT) and to cap it at the Friday (July 8th) level is a half-hearted decision. Half-hearted because it is admission of the unfore
Published 13 Jul, 2005 12:00am
New York cotton

New York cotton

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

Published 13 Jul, 2005 12:00am
Released

Released

An accountability court released Jam Shah Muhammad, a former senior clerk of Deputy Commissioner office Rahim Yar Khan, as the prosecution failed to prove case against him. The accused was facing the charges of corruption and making illegal assets in exce
Published 13 Jul, 2005 12:00am
Key stock market movements at 1700 GMT on July 12

Key stock market movements at 1700 GMT on July 12

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).
Published 13 Jul, 2005 12:00am
National Assembly speaker condemns London blasts

National Assembly speaker condemns London blasts

National Assembly Speaker Chaudhry Amir Hussain has strongly condemned London bomb blast incidents and termed it an inhuman act against the mankind. Addressing a big public meeting in adjoining village Sadhrana on Monday night, he said there was no room f
Published 13 Jul, 2005 12:00am
SNGPL lays 427 km long pipelines

SNGPL lays 427 km long pipelines

Sui Northern Gas Pipelines Limited (SNGPL) has laid 427 kilometres long gas pipelines till June last to provide gas connections to the people in the Gujranwa1a region. This was stated by General Manager, Chaudhry Nazir Ahmed, while talking to APP here on
Published 13 Jul, 2005 12:00am
MMA-backed candidates to contest local bodies polls

MMA-backed candidates to contest local bodies polls

Muttahida Majlis-e-Amal (MMA) backed candidates would contest the forthcoming local bodies election under the banner of 'Watan Dost' in Lahore. The MMA has formed a committee under the chairmanship of its Lahore President Hafiz Salman Butt.
Published 13 Jul, 2005 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 12, 2005).

Published 13 Jul, 2005 12:00am
Two Roti plants supplied to Sialkot jail

Two Roti plants supplied to Sialkot jail

The provincial government has provided the two most modern Roti plants to Sialkot district jail, said district Jail Superintendent Muhammad Yousaf Ghouri. Taking to reporters here on Tuesday, he said both the plants could prepare roti for 2,500 persons wi
Published 13 Jul, 2005 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (July 12, 2005) and Wednesday (July 13, 2005).
Published 13 Jul, 2005 12:00am
Nadra officials' behaviour irks CNIC seekers

Nadra officials' behaviour irks CNIC seekers

After the announcement of schedule for the LB polls by the government, rush of the computerised national identity card seekers has increased at all the Nadra Swift Registration Centers (NSRCs) in both Sialkot and Narowal districts.
Published 13 Jul, 2005 12:00am
'Hasba bill does not violate Constitution'

'Hasba bill does not violate Constitution'

President Muttahida Majlis-e-Amal (MMA) Punjab and Deputy Ameer Jamaat-i-Islami Liaquat Baloch MNA, has said that the Hasba Bill is not in violation of the Constitution. While addressing a press conference here on Tuesday, Baloch said that the bill was no
Published 13 Jul, 2005 12:00am
Call to following Islamic teachings

Call to following Islamic teachings

Speakers at different functions held on the second day of 'Mental Health Week' being observed to mark completion of 35 years of Fountain House, have called for following Islamic teachings to avoid psychiatric problems.
Published 13 Jul, 2005 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 12, 2005).

Published 13 Jul, 2005 12:00am
Heavy rain in Lahore turns weather pleasant

Heavy rain in Lahore turns weather pleasant

Provincial metropolis was pounded with heavy rain in early hours of Tuesday, making the weather pleasant, while other parts of the country also received rain. According to a meteorological official more rain was expected in next 24 hours. He said 5 mm of
Published 13 Jul, 2005 12:00am
LCB ready for local bodies elections

LCB ready for local bodies elections

Lahore Cantonment Board (LCB) is ready for the local bodies elections awaiting green signal from the Federal Government in this regard. This was stated by the Station Commander, Lahore, Brigadier Ghulam Farooq while speaking at a news conference here on T
Published 13 Jul, 2005 12:00am
BoP signs MoU with Pioneer Cement

BoP signs MoU with Pioneer Cement

A Memorandum of Understanding (MoU) was signed between the Bank of Punjab (BoP) and Pioneer Cement Limited, under which the bank would act as the company's main banker and handle its cash management and operative accounts for its operations within Pakista
Published 13 Jul, 2005 12:00am
THE RUPEE: euro sharply up in open market

THE RUPEE: euro sharply up in open market

The rupee reversed its firmness versus the euro in the open market on Tuesday, losing nearly 95 paisa for buying and selling at Rs 73.30 and Rs 73.60, dealers said. According to the market sources, the single European currency brushed aside its overnight
Published 13 Jul, 2005 12:00am
THE RUPEE: euro sharply up in open market

THE RUPEE: euro sharply up in open market

The rupee reversed its firmness versus the euro in the open market on Tuesday, losing nearly 95 paisa for buying and selling at Rs 73.30 and Rs 73.60, dealers said. According to the market sources, the single European currency brushed aside its overnight
Published 13 Jul, 2005 12:00am
'Local government polls not to be postponed'

'Local government polls not to be postponed'

The State Minister for Local Government and Rural Development Chaudhry Zafar Iqbal Warriach on Tuesday said the government was taking every step to meet any emergency in flood affected areas. Talking to APP here on Tuesday, he said the government was prov
Published 13 Jul, 2005 12:00am
Jute: CRESCENT JUTE PRODUCTS LIMITED - Nine Months Ended March 31, 2005

Jute: CRESCENT JUTE PRODUCTS LIMITED - Nine Months Ended March 31, 2005

CJPL is a public limited company incorporated in the province of Punjab and is a part of a large conglomerate Crescent Group. Crescent Jute Products Ltd is engaged in the business of manufacturing and sale of jute bags and the factory is located at Jaranw
Published 13 Jul, 2005 12:00am
Donors help sought in medical education

Donors help sought in medical education

Punjab Health Minister Dr Tahir Ali Javed has said the government was providing all possible funds for research activities in the field of medical education; and co-operation of international donors would also be sought in that regard.
Published 13 Jul, 2005 12:00am
Jute: CRESCENT JUTE PRODUCTS LIMITED - Nine Months Ended March 31, 2005

Jute: CRESCENT JUTE PRODUCTS LIMITED - Nine Months Ended March 31, 2005

CJPL is a public limited company incorporated in the province of Punjab and is a part of a large conglomerate Crescent Group. Crescent Jute Products Ltd is engaged in the business of manufacturing and sale of jute bags and the factory is located at Jaranw
Published 13 Jul, 2005 12:00am
Step to improve Lesco's performance

Step to improve Lesco's performance

In order to improve operational efficiency of Lahore Electric Supply Company (Lesco) for providing better services to the power customers, Salah-ud-Din Chaudhry, Chief Engineer (Administration) Power, has been transferred and posted as the Chief Engineer
Published 13 Jul, 2005 12:00am
Jute: THAL LIMITED - Nine Months Ended March 31, 2005

Jute: THAL LIMITED - Nine Months Ended March 31, 2005

The company was incorporated on January 31, 1966 as a public limited company by shares. It is engaged in the manufacture of jute goods, assembly and of auto air-conditioners, wire harness and heaters blowers.
Published 13 Jul, 2005 12:00am
Rs 30 million to be spent on Seerat Academy

Rs 30 million to be spent on Seerat Academy

An amount of Rs 30 million will be spent on establishing a Seerat Academy here for conducting research on various aspects of life of the Holy Prophet (PBUH), including an auditorium to seat 1000 persons by the Punjab Religious Affairs and Auqaf department
Published 13 Jul, 2005 12:00am
Jute: THAL LIMITED - Nine Months Ended March 31, 2005

Jute: THAL LIMITED - Nine Months Ended March 31, 2005

The company was incorporated on January 31, 1966 as a public limited company by shares. It is engaged in the manufacture of jute goods, assembly and of auto air-conditioners, wire harness and heaters blowers.
Published 13 Jul, 2005 12:00am
Government to provide cheap electricity to farmers

Government to provide cheap electricity to farmers

In order to provide relief to the agriculture sector and to increase the agriculture produce in the province, the Punjab government has decided to supply cheap electricity to the farmers under which the farmers throughout the province, would get 20 percen
Published 13 Jul, 2005 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (July 12, 2005).

Published 13 Jul, 2005 12:00am
Housing schemes in cantonment areas being regularised

Housing schemes in cantonment areas being regularised

Station Commander Lahore Cantonment, Brigadier Ghulam Farooq has said that irregular and illegal housing schemes were being regularised under a phased programme in order to provide civic amenities to the residents of the cantonment boards.
Published 13 Jul, 2005 12:00am
Presentation

Presentation

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

Published 13 Jul, 2005 12:00am
MUET accord with Austrian University

MUET accord with Austrian University

Mehran University of Engineering and Technology (MUET), Jamshoro, and Montana University Leo Ben (MUL), Austria, on Monday signed an agreement to collaborate in various educational projects.
Published 13 Jul, 2005 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Jul, 2005 12:00am
Ban on foreign deep-sea trawlers demanded

Ban on foreign deep-sea trawlers demanded

The Fishermen Co-operative Society (FCS) has demanded of the Federal government to immediately ban the foreign deep-sea trawlers, which are not only adversely affecting the local fishermen but also pushing the fisheries industry in financial crisis.
Published 13 Jul, 2005 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Jul, 2005 12:00am
Arbab launches local bodies electioneering campaign

Arbab launches local bodies electioneering campaign

Sindh Chief Minister and Provincial PML(Q) President Dr Arbab Ghulam Rahim said that local bodies elections are part of political process, and being a politician his participation in these elections cannot be termed violation by any canon of law.
Published 13 Jul, 2005 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 13 Jul, 2005 12:00am
Almas Haroon passes away

Almas Haroon passes away

Begum Almas Haroon, wife of Mahmoud A Haroon, ex-federal minister and former Governor of Sindh, died here, on Tuesday morning after protracted illness. She was about 83. She was laid to rest after Zohr prayers at Gizri Graveyard, said a press release.
Published 13 Jul, 2005 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (July 12, 2005).

Published 13 Jul, 2005 12:00am
DMMF declares 9.70 percent dividend

DMMF declares 9.70 percent dividend

Dawood Capital Management (DCM), the management company of Dawood Money Market Fund (DMMF), has declared an impressive bonus dividend of Rs 9.70 per unit ie 9.70 percent for the year ended June 30, 2005. DMMF is an open-end money market fund listed on the
Published 13 Jul, 2005 12:00am
DMMF declares 9.70 percent dividend

DMMF declares 9.70 percent dividend

Dawood Capital Management (DCM), the management company of Dawood Money Market Fund (DMMF), has declared an impressive bonus dividend of Rs 9.70 per unit ie 9.70 percent for the year ended June 30, 2005. DMMF is an open-end money market fund listed on the
Published 13 Jul, 2005 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 Jul, 2005 12:00am
Smeda discusses steps to improve rice value-addition

Smeda discusses steps to improve rice value-addition

Steps needed to improve the value-addition of rice were discussed at a meeting held at the Small & Medium Enterprises Development Authority (Smeda). The meeting was chaired by Smeda Chief Executive Shahab Khawaja, who was assisted by Ijaz Majeed, Provinci
Published 13 Jul, 2005 12:00am
Emirates launches island gateways

Emirates launches island gateways

Emirates holidays has launched its "island gateways" in Pakistan. An Emirates press release said here on Tuesday that with the Emirates holidays' "island gateways," Pakistani travellers can now stay five nights and pay for four or stay 10 nights and pay f
Published 13 Jul, 2005 12:00am
Corruption assuming status of industry in Sindh

Corruption assuming status of industry in Sindh

Corruption in Sindh has assumed the status of an industry with the public sector departments mopping up major chunk of bribes and misappropriated money to the tune of billions of rupees annually. A recent study in corruption and financial mismanagement sh
Published 13 Jul, 2005 12:00am
Auditorium

Auditorium

An auditorium would be built at the head office of Sindhi Adabi Board at Jamshoro at a cost of Rs 80 million. This was decided at a meeting of the Board of Governors of Sindh Adabi Board here on Tuesday. Sindh Minister for Education and Literacy, Dr Hamid
Published 13 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 13 Jul, 2005 12:00am
Dyes importers seek incentives

Dyes importers seek incentives

Traders doing business in dyes have criticised the Federal budget 2005-06 and said the budget has not offered any incentives to dyes importers of Jodia Bazar. Dyes used in textiles for export purpose are direct dyes, reactive dyes, disperse dyes and vast
Published 13 Jul, 2005 12:00am