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Print - 2005-07-31
Whither higher education?

Whither higher education?

Speaking at a private university's convocation ceremony in Islamabad recently, Prime Minister Shaukat Aziz has claimed that the government is investing heavily in higher education and skill development to prepare the country's youth for future challenges.
Published 31 Jul, 2005 12:00am
Symbols allotted to 410 candidates

Symbols allotted to 410 candidates

Returning officers on Saturday allotted symbols to 410 candidates for the seats of Nazim and Naib Nazim and 5307 councillors of 129 union councils of Multan district while 38 Nazimeen, Naib Nazimeen and 223 candidates of councillors withdrew their candida
Published 31 Jul, 2005 12:00am
Motorway, highway police to take over coastal highway

Motorway, highway police to take over coastal highway

Motorway and National Highway police will take over coastal highway from Karachi to Gwadar and Islamabad to Murree section shortly, to control traffic. Talking to APP here on Saturday Inspector General of Motorway and National Highway Police, Ahmad Nasim
Published 31 Jul, 2005 12:00am
Pakistani doctor honoured

Pakistani doctor honoured

Professor Dr Haroon Rashid Chaudhry, Head of Department of Psychiatry, Fatima Jinnah Medical College (FJMC), Lahore, and Honorary Executive Director Fountain House has been elected as Vice-President of World Federation for Mental Health (WFMH), Eastern Me
Published 31 Jul, 2005 12:00am
Call for creating awareness against smoking

Call for creating awareness against smoking

Provincial Health Minister, Dr Tahir Ali Javed said on Saturday the government had taken concrete steps for complete ban on sale of cigarettes to juveniles and prohibiting smoking publicly. Addressing a delegation of consultants and specialised doctors, h
Published 31 Jul, 2005 12:00am
Makhdoom Idrees joins PML

Makhdoom Idrees joins PML

A prominent political and social personality of Rahimyar Khan Makhdoom Muhammad Idrees called on Punjab Chief Minister Chaudhry Pervaiz Elahi here on Saturday and announced his decision to join the PML. Minister of State for Foreign Affairs Khusroo Bakhti
Published 31 Jul, 2005 12:00am
Gujranwala Baitul Maal to distribute Rs 20 million

Gujranwala Baitul Maal to distribute Rs 20 million

Pakistan Baitul Maal will distribute Rs 20 million among the needy and poor people under the Food Support Programme. In this connection, registration of 15,000 individuals has been started and the deserving people asked to contact DDO (Revenue) of their r
Published 31 Jul, 2005 12:00am
'Investment in water supply sector being encouraged'

'Investment in water supply sector being encouraged'

Punjab Chief Minister Chaudhry Pervaiz Elahi has said a massive programme of water supply and drainage as well as installation of water treatment plants is being implemented in the province, which will result in improvement in health and environment besid
Published 31 Jul, 2005 12:00am
APTPMA hails Trade Policy

APTPMA hails Trade Policy

Federal Minister for Commerce, Humayun Akhtar Khan has presented a business friendly and export-oriented 'Trade Policy' for Pakistan wherein adequate incentives have been provided to the textile sector, however, there is enough room for improvement".
Published 31 Jul, 2005 12:00am
World Bank to extend help for quality education in Punjab

World Bank to extend help for quality education in Punjab

The World Bank (WB) has expressed satisfaction over on going education sector reform programme of Punjab Government and stated the Bank could consider a longer commitment as long as there continued to be well documented and sustained improvements in susta
Published 31 Jul, 2005 12:00am
Seminar on local government today

Seminar on local government today

South Asian Policy Analysis Network (Sapana), a discussion group of South Asian Free Media Association, would hold a seminar on local government on Sunday July 31. According to a Sapana's spokesman here on Saturday, United Nations Development Programme's
Published 31 Jul, 2005 12:00am
Hearing put off in reference against Badr

Hearing put off in reference against Badr

An accountability court on Saturday adjourned till August 4, the proceedings in a reference against former federal minister and secretary-general PPPP Jehangir Badr for recording evidence of the defence witnesses. The accused has been facing the charges o
Published 31 Jul, 2005 12:00am
Rehabilitation of flood-hit areas in full swing

Rehabilitation of flood-hit areas in full swing

Punjab government is fully aware of the losses, suffered by the people in flood hit areas and the process of rehabilitation is in ful1 swing there. This was stated by Adviser to Chief Minister Punjab for Social Welfare, Saba Sadiq while visiting the flood
Published 31 Jul, 2005 12:00am
Motor vehicle tax date extended

Motor vehicle tax date extended

The Punjab government, in order to facilitate motor vehicle owners, has allowed one day's extension in making payments of token tax with the facility of 10 percent rebate. Now the motor vehicle taxpayers could deposit their token tax amount in designated
Published 31 Jul, 2005 12:00am
Madaris sponsors criticise presidential order

Madaris sponsors criticise presidential order

Tanzeem Wifaq-ul-Madaris has strongly reacted to the presidential order for foreign students in seminaries to leave Pakistan, describing it unethical, unlawful and immoral. Qari Muhammad Hanif, Secretary-General of Wifaq-ul-Madariss Arabia Pakistan, which
Published 31 Jul, 2005 12:00am
Setting up of Human Rights Commission on cards

Setting up of Human Rights Commission on cards

The federal government is planning to establish 'Pakistan Human Rights Commission', an independent and autonomous institution, to combat the non-governmental organisations (NGOs)'s misleading and misdirected campaigns damaging the country's image abroad.
Published 31 Jul, 2005 12:00am
Germans apprised of scope of investment in Pakistan

Germans apprised of scope of investment in Pakistan

Lahore Chamber of Commerce and Industry (LCCI) President Mian Misbah-ur-Rehman, currently leading a delegation to Germany, has convinced the German Parliamentarians, politicians and corporate sector people that conducive economic climate was prevailing in
Published 31 Jul, 2005 12:00am
Entry fee challenged

Entry fee challenged

A member of the Lahore High Court Bar Association has approached the Lahore High Court (LHC) against the levy of fee for entry in Calvary ground Lahore. Petitioner M.D. Tahir contended that the respondents instead of providing basic facilities to people a
Published 31 Jul, 2005 12:00am
Disciplinary action against three SHOs ordered

Disciplinary action against three SHOs ordered

Inspector General of Police (IGP) Punjab, Ziaul Hassan Khan has directed the concerned district police officers (DPOs) to take strict disciplinary action against three SHOs for irregularities. The IGP issued the direction on the reports of SPs of inspecti
Published 31 Jul, 2005 12:00am
Book launching on August 2

Book launching on August 2

A book on International Financial Reporting Standards (IFRS-2005) will be launched here on Tuesday (August 2). Two wel1-known international experts wrote the book having hands-on experience in applying these standards.
Published 31 Jul, 2005 12:00am
Provision of gas to KIT demanded

Provision of gas to KIT demanded

Islamabad Chamber of Commerce and Industry (ICCI) President Tariq Sadiq has demanded of the government to provide gas to the Kahuta Industrial Triangle (KIT). In a statement issued here on Saturday he said despite being part of the capital KTI is waiting
Published 31 Jul, 2005 12:00am
NHD plan to be completed with over $516 million

NHD plan to be completed with over $516 million

National Highway Development Sector Project (formerly Sub-Regional Connectivity and Trade Facilitation-I Project) will be completed with the total cost of dollars 516.40 million including foreign exchange of dollars 293.40 million. According to recent upd
Published 31 Jul, 2005 12:00am
NWFP to computerise land record

NWFP to computerise land record

The NWFP Senior Minister Siraj-ul-Haq has directed the Revenue Department to expedite work on computerisation of Patwar Khanas, circles and land records as well as command on IT for all revenue officials including Patwaries must be made essential to enabl
Published 31 Jul, 2005 12:00am
ARD and MMA discuss alliance against government

ARD and MMA discuss alliance against government

The Alliance for Restoration of Democracy and Muttahida Majlis-i-Amal on Saturday discussed the possibility of formation of a grand alliance against the government. Both sides agreed in principle to continue talks for the purpose, conceding a united platf
Published 31 Jul, 2005 12:00am
NWFP sets up housing authority

NWFP sets up housing authority

The Government of NWFP has established with immediate effect, the North-West Frontier Province Housing Authority with Minister for Housing NWFP as Chairman.
Published 31 Jul, 2005 12:00am
Action against illegal tobacco purchases under study

Action against illegal tobacco purchases under study

Pakistan Tobacco Board (PTB) is considering to take action against the illegal purchases of tobacco to protect the interest of the growers in the province, said a press release issued here on Saturday.
Published 31 Jul, 2005 12:00am
Induction of women in Zakat bodies ordered

Induction of women in Zakat bodies ordered

The lady members, at the meeting of the Standing Committee on Zakat, Ushr, Social Welfare and Women Development, took serious notice of the poor representation of women in local and district zakat committees stating that without full participation of wome
Published 31 Jul, 2005 12:00am
World Bank team to discuss Railways modernisation on August 22

World Bank team to discuss Railways modernisation on August 22

The World Bank (WB) will assist federal government to run Railways on modern lines, Business Recorder reliably learnt. "In this regard, the team of World Bank will arrive on August 22 to hold talks with Railway authorities", official sources said.
Published 31 Jul, 2005 12:00am
Six industrial waste treatment plants in four big cities soon

Six industrial waste treatment plants in four big cities soon

Another six large industrial waste treatment plants will be installed soon in four major cities with financial assistance from the Asian Development Bank (ADB), officials said on Saturday. Three new plants will be located in Karachi with one each in Lahor
Published 31 Jul, 2005 12:00am
Supreme Court Hisbah Bill bench reconstituted

Supreme Court Hisbah Bill bench reconstituted

The nine-member special Constitutional Bench of the Supreme Court seized with a Presidential Reference on the Hisbah Bill passed by the Frontier legislature has been reconstituted by the Chief Justice Iftikhar Muhammad Chaudhary.
Published 31 Jul, 2005 12:00am
SDC holds free diabetic camp

SDC holds free diabetic camp

Skill Development Council, Ministry of Labour and Manpower and Overseas Pakistanis, ILO, World Bank & EFP is holding a free diabetic treatment camp for ladies and children at Government Technical and vocational Training Centre Gulbahar in Peshawar on Wedn
Published 31 Jul, 2005 12:00am
'Katehra' launched from Peshawar

'Katehra' launched from Peshawar

A new Urdu daily 'Katehra' on Saturday formally launched from Peshawar. Minister of State for Information and Broadcasting Anisa Zeb Tahirkheli was chief guest on the occasion.
Published 31 Jul, 2005 12:00am
Pakistan among 5 stable economies in region: NWFP governor

Pakistan among 5 stable economies in region: NWFP governor

The NWFP Governor Khalil-ur-Rehman has said, Pakistan has become now an economically stable country and is considered one of the five stable economies in the region. "The credit of this unprecedented achievement goes to President General Pervez Musharraf"
Published 31 Jul, 2005 12:00am
EPB team due in Beijing to hold trade talks today

EPB team due in Beijing to hold trade talks today

A delegation of Pakistan's Export Promotion Bureau (EPB) will arrive in Beijing on Sunday to hold talks with Chinese officials for evolving a long-term strategy to strengthen economic ties. The delegation is visiting on the invitation of China Council for
Published 31 Jul, 2005 12:00am
Students concerned over government decision

Students concerned over government decision

Foreign Muslims studying in the seminaries in Pakistan voiced dismay on Saturday at a government order to repatriate them as part of a crackdown on Islamic radicals ordered in the aftermath of the July 7 London bombings.
Published 31 Jul, 2005 12:00am
Rajab moon may be sighted on August 6

Rajab moon may be sighted on August 6

The Rajab moon is expected to be sighted in the country on August 6, it was announced by the Pakistan Academy of Sciences.
Published 31 Jul, 2005 12:00am
800 suspected militants held in ongoing crackdown

800 suspected militants held in ongoing crackdown

Pakistan said on Saturday that 800 suspected militants have now been arrested in raids following the deadly London bombings as religious groups rejected a move to expel 1,400 foreign students of Madaris.
Published 31 Jul, 2005 12:00am
Pakistani found dead in Kuwait street

Pakistani found dead in Kuwait street

The police are investigating the death of a Pakistani man, whose remains were found on a street in Bayan, reports Al-Qabas daily on Saturday. The remains of the victim have been referred to Forensics. The name of the deceased has not been reported.
Published 31 Jul, 2005 12:00am
Non-affiliated trade groups asked to get registered

Non-affiliated trade groups asked to get registered

Faisalabad Chamber of Commerce and Industry (FCCI) has directed all those trade groups, which have no association on national level, to get themselves registered with FCCI. It further instructed that it was necessary for a group to have five members besid
Published 31 Jul, 2005 12:00am
Kuwaiti prince grieved over Ghotki train accident

Kuwaiti prince grieved over Ghotki train accident

Sheikh Saad Al-Abdullah Al-Salim Al-Sabah, Deputy Amir and Crown Prince of Kuwait, has sent a message to President General Pervez Musharraf, expressing his profound grief over the tragic Ghotki train accident. The Crown Prince offered deep condolences and
Published 31 Jul, 2005 12:00am
Reports of differences in BP group refuted

Reports of differences in BP group refuted

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) former president and co-chairman of Businessmen Panel (BP) Iftikhar Ali Malik has strongly refuted reports of differences among leaders of the group. He said all leaders of the Businessmen P
Published 31 Jul, 2005 12:00am
Musharraf leading nation in right direction: PML

Musharraf leading nation in right direction: PML

While urging the masses to extend full support to President General Pervez Musharraf, Pakistan Muslim League (PML) Senior Vice President Kabir Ali Wasti said on Saturday that he (Musharraf) was capable to lead the nation in right direction in the prevaili
Published 31 Jul, 2005 12:00am
Plan to celebrate 2006 as 'Visit Pakistan' year

Plan to celebrate 2006 as 'Visit Pakistan' year

Pakistan has planned to celebrate 2006 as "Visit Pakistan" year, projecting soft image of the country to attract maximum number of tourists. Sources in the Tourism Ministry told Business Recorder on Saturday that under the plan, more or less twelve
Published 31 Jul, 2005 12:00am
World media slammed for demonising Pakistan

World media slammed for demonising Pakistan

Saudi Arabia's leading English daily 'The Arab News' has strongly criticised international media for wrongly and unfairly blaming Pakistan for extremist activities. In its editorial published on July 27, the paper stated it was wrong and unfair to demonis
Published 31 Jul, 2005 12:00am
128,140 papers filed for second phase of local bodies' polls

128,140 papers filed for second phase of local bodies' polls

As many as 128,140 candidates have filed nomination papers for second phase of union council-level Local Government Election 2005 being held in 56 districts on August 25. According to Election Commission figures, these candidates filed their nomination pa
Published 31 Jul, 2005 12:00am
Dozens of TV sets burnt

Dozens of TV sets burnt

Hundreds of people in Charssada have set ablaze dozens of TV sets following a cleric's ruling that watching television was a sin, police said on Saturday. The men congregated in a park after Friday prayers and piled up about 25 TV sets, doused them with f
Published 31 Jul, 2005 12:00am
Industries urged to implement environmental laws

Industries urged to implement environmental laws

The industries must come forward and implement the environmental laws in their factories before the industrial waste pollutes the environment beyond repair. This warning bell was rung by Khalid Feroze, President of Karachi Chambers of Commerce and Industr
Published 31 Jul, 2005 12:00am
Compliance to social standards top priority: EPB chief

Compliance to social standards top priority: EPB chief

A rigid compliance to the social standards as envisaged by the importers in Europe is our first priority and we will do it with the co-operation of our exporters. This message was given by Tariq Ikram, Chairman, Export Promotion Bureau (EPB), to the audie
Published 31 Jul, 2005 12:00am
Revision in postal employees' pay scale proposed

Revision in postal employees' pay scale proposed

The ministry of communications has submitted a summary for the increase in pay scale and commission of the Pakistan Post Office (PPO) employees to the Prime Minister for approval. This was stated by the Minister for Communications Shamim Siddiqui while sp
Published 31 Jul, 2005 12:00am
Union Bank and Ufone sign agreement

Union Bank and Ufone sign agreement

Union Bank American Express Cards and Ufone have signed an agreement to honour an upcoming strategic alliance, benefiting customers of both sides, the bank's spokesman said on Saturday. As part of this strategic alliance, American Express Cardholders will
Published 31 Jul, 2005 12:00am
Re-allocated portfolios

Re-allocated portfolios

Sindh Chief Minister Dr Arbab Ghulam Rahim has re-allocated portfolios of a provincial minister and an adviser to the Sindh chief minister with immediate effect. According to an official announcement here on Saturday, Provincial Minister Shabbir Ahmed Qai
Published 31 Jul, 2005 12:00am
Visas of all foreign students to be cancelled: Sherpao

Visas of all foreign students to be cancelled: Sherpao

Federal Interior Minister Aftab Ahmed Khan Sherpao has said that all foreigner students studying in Madrassahs would be sent back to their respective countries. Talking to newsmen after inspecting Passing-out Parade of Pakistan Coast Guards at the Trainin
Published 31 Jul, 2005 12:00am
World Bank plan for rebuilding Afghan customs from August 5

World Bank plan for rebuilding Afghan customs from August 5

Customs officials of Pakistan, Iran and Afghanistan will jointly devise a strategy for rebuilding Afghan institutions on modern lines through technical assistance from neighbouring countries under the customs modernisation and trade facilitation project.
Published 31 Jul, 2005 12:00am
World Bank plan for rebuilding Afghan customs from August 5

World Bank plan for rebuilding Afghan customs from August 5

Customs officials of Pakistan, Iran and Afghanistan will jointly devise a strategy for rebuilding Afghan institutions on modern lines through technical assistance from neighbouring countries under the customs modernisation and trade facilitation project.
Published 31 Jul, 2005 12:00am
World Bank plan for rebuilding Afghan customs from August 5

World Bank plan for rebuilding Afghan customs from August 5

Customs officials of Pakistan, Iran and Afghanistan will jointly devise a strategy for rebuilding Afghan institutions on modern lines through technical assistance from neighbouring countries under the customs modernisation and trade facilitation project.
Published 31 Jul, 2005 12:00am
Agreement with Tajikistan notified on avoidance of double taxation

Agreement with Tajikistan notified on avoidance of double taxation

The Central Board of Revenue (CBR) has issued a notification for enforcement of the agreement on Avoidance of Double Taxation and Prevention of Fiscal Evasion between Pakistan and Tajikistan to promote and strengthen the economic relations between the two
Published 31 Jul, 2005 12:00am
Agreement with Tajikistan notified on avoidance of double taxation

Agreement with Tajikistan notified on avoidance of double taxation

The Central Board of Revenue (CBR) has issued a notification for enforcement of the agreement on Avoidance of Double Taxation and Prevention of Fiscal Evasion between Pakistan and Tajikistan to promote and strengthen the economic relations between the two
Published 31 Jul, 2005 12:00am
Sindh to get rid of Thatta and Dadu sugar mills soon

Sindh to get rid of Thatta and Dadu sugar mills soon

Sindh cabinet on Saturday decided to liquidate Thatta and Dadu sugar mills to save the government from further losses that these two units are incurring. Chief Minister Arbab Ghulam Rahim was in the chair. These two mills had been put up for sale many tim
Published 31 Jul, 2005 12:00am
Sindh to get rid of Thatta and Dadu sugar mills soon

Sindh to get rid of Thatta and Dadu sugar mills soon

Sindh cabinet on Saturday decided to liquidate Thatta and Dadu sugar mills to save the government from further losses that these two units are incurring. Chief Minister Arbab Ghulam Rahim was in the chair. These two mills had been put up for sale many tim
Published 31 Jul, 2005 12:00am
Sindh to get rid of Thatta and Dadu sugar mills soon

Sindh to get rid of Thatta and Dadu sugar mills soon

Sindh cabinet on Saturday decided to liquidate Thatta and Dadu sugar mills to save the government from further losses that these two units are incurring. Chief Minister Arbab Ghulam Rahim was in the chair. These two mills had been put up for sale many tim
Published 31 Jul, 2005 12:00am
SECP determined to groom financial managers

SECP determined to groom financial managers

The chairman, Securities and Exchange Commission of Pakistan (SECP), Dr Tariq Hassan, told the CFA Association of Pakistan that the SECP was conscious of the need for reform among financial professionals, and was firmly committed to bringing about dynamis
Published 31 Jul, 2005 12:00am
SECP determined to groom financial managers

SECP determined to groom financial managers

The chairman, Securities and Exchange Commission of Pakistan (SECP), Dr Tariq Hassan, told the CFA Association of Pakistan that the SECP was conscious of the need for reform among financial professionals, and was firmly committed to bringing about dynamis
Published 31 Jul, 2005 12:00am
SECP determined to groom financial managers

SECP determined to groom financial managers

The chairman, Securities and Exchange Commission of Pakistan (SECP), Dr Tariq Hassan, told the CFA Association of Pakistan that the SECP was conscious of the need for reform among financial professionals, and was firmly committed to bringing about dynamis
Published 31 Jul, 2005 12:00am
US allocates $1.4 million funds for Pakistan

US allocates $1.4 million funds for Pakistan

The United States has allocated $1.4 million to promote human rights, rule of law and democracy in Pakistan, including helping media outlets to amplify citizens' demand for reforms.
Published 31 Jul, 2005 12:00am
US allocates $1.4 million funds for Pakistan

US allocates $1.4 million funds for Pakistan

The United States has allocated $1.4 million to promote human rights, rule of law and democracy in Pakistan, including helping media outlets to amplify citizens' demand for reforms.
Published 31 Jul, 2005 12:00am
Pakistan team to study Chinese textile sector

Pakistan team to study Chinese textile sector

Leading textile industrialists of Pakistan are keen to study Chinese textile sector for increasing the country's textile sector competitiveness in the international market. With a view to finding out prospects of trade and investment with China under rapi
Published 31 Jul, 2005 12:00am
ZTBL to undergo structural reforms

ZTBL to undergo structural reforms

The Zarai Taraqiati Bank Limited (ZTBL) on Saturday announced its structural reforms besides, establishing the Anti-Corruption Cell (ACC) to make it more viable, sustainable and transparent commercial entity. ZTBL President Rasheed Akhtar Chughtai while c
Published 31 Jul, 2005 12:00am
ZTBL to undergo structural reforms

ZTBL to undergo structural reforms

The Zarai Taraqiati Bank Limited (ZTBL) on Saturday announced its structural reforms besides, establishing the Anti-Corruption Cell (ACC) to make it more viable, sustainable and transparent commercial entity. ZTBL President Rasheed Akhtar Chughtai while c
Published 31 Jul, 2005 12:00am
ZTBL to undergo structural reforms

ZTBL to undergo structural reforms

The Zarai Taraqiati Bank Limited (ZTBL) on Saturday announced its structural reforms besides, establishing the Anti-Corruption Cell (ACC) to make it more viable, sustainable and transparent commercial entity. ZTBL President Rasheed Akhtar Chughtai while c
Published 31 Jul, 2005 12:00am
Private sector urged to help boost trade with Thailand

Private sector urged to help boost trade with Thailand

Minister of State for Commerce Hamid Yar Hiraj has said that the private sector has to play its due role to promote trade between Pakistan and Thailand. Speaking at a seminar on "Pakistan-Thailand Economic Relations: Potential and Barriers", organised by
Published 31 Jul, 2005 12:00am
Private sector urged to help boost trade with Thailand

Private sector urged to help boost trade with Thailand

Minister of State for Commerce Hamid Yar Hiraj has said that the private sector has to play its due role to promote trade between Pakistan and Thailand. Speaking at a seminar on "Pakistan-Thailand Economic Relations: Potential and Barriers", organised by
Published 31 Jul, 2005 12:00am
Private sector urged to help boost trade with Thailand

Private sector urged to help boost trade with Thailand

Minister of State for Commerce Hamid Yar Hiraj has said that the private sector has to play its due role to promote trade between Pakistan and Thailand. Speaking at a seminar on "Pakistan-Thailand Economic Relations: Potential and Barriers", organised by
Published 31 Jul, 2005 12:00am
Singapore's PSA chief sees IPO within 2-3 years

Singapore's PSA chief sees IPO within 2-3 years

State-owned Singapore port operator PSA International Pte Ltd does not favour an immediate stock market listing but sees an initial public offering within the next two to three years, its chief executive said. "My personal opinion is we should postpone an
Published 31 Jul, 2005 12:00am
Court gives Cisco win on keeping security chink quiet

Court gives Cisco win on keeping security chink quiet

Cisco Systems Inc and Internet Security Systems have won a permanent court order to stop a former Internet Security employee from discussing ways to exploit weaknesses in Cisco equipment vital to the operation of the Internet.
Published 31 Jul, 2005 12:00am
CAFTA swing vote presses for US-China textile deal

CAFTA swing vote presses for US-China textile deal

A North Carolina Republican who played a pivotal role in helping the White House narrowly win approval of a free-trade pact with Central America pressed US trade officials on Friday for an agreement that would restrict textile and clothing imports from Ch
Published 31 Jul, 2005 12:00am
Daimler chief executive departure long planned

Daimler chief executive departure long planned

The early departure of DaimlerChrysler Chief Executive Juergen Schrempp was not abrupt but long planned, German weekly magazines reported. DaimlerChrysler stunned the automotive world on Thursday by announcing Schrempp will leave at year's end, after 44 y
Published 31 Jul, 2005 12:00am
Spain's Ono to buy Auna cable for $2.72 billion

Spain's Ono to buy Auna cable for $2.72 billion

Spanish cable company Ono said on Friday it agreed to buy Auna's fixed line and cable business for about 2.25 billion euros ($2.72 billion) to expand the market it serves and challenge its main rival Telefonica. The deal caps the divestment of Auna, Spain
Published 31 Jul, 2005 12:00am
Singapore may hold early election this year

Singapore may hold early election this year

Singapore Prime Minister Lee Hsien Loong, who has been in office nearly 12 months, may call elections later this year, media and analysts said on Saturday. A parliamentary election does not have to be held until mid-2007.
Published 31 Jul, 2005 12:00am
Iran's judiciary refuses to free jailed journalist

Iran's judiciary refuses to free jailed journalist

Iran's conservative judiciary has refused to bow to calls from senior figures to release hunger-striking imprisoned journalist Akbar Ganji, the student news agency ISNA reported on Saturday. Ganji, an outspoken critic of the Islamic state's clerical leade
Published 31 Jul, 2005 12:00am
Change in MCB name allowed

Change in MCB name allowed

The State Bank of Pakistan has allowed change in the name of Muslim Commercial Bank as MCB Bank Limited with effect from August 1, 2005. According to a notification BPD (PU-31)/625/x/2005/9419, issued here on Saturday, the central bank approved and notifi
Published 31 Jul, 2005 12:00am
Change in MCB name allowed

Change in MCB name allowed

The State Bank of Pakistan has allowed change in the name of Muslim Commercial Bank as MCB Bank Limited with effect from August 1, 2005. According to a notification BPD (PU-31)/625/x/2005/9419, issued here on Saturday, the central bank approved and notifi
Published 31 Jul, 2005 12:00am
Change in MCB name allowed

Change in MCB name allowed

The State Bank of Pakistan has allowed change in the name of Muslim Commercial Bank as MCB Bank Limited with effect from August 1, 2005. According to a notification BPD (PU-31)/625/x/2005/9419, issued here on Saturday, the central bank approved and notifi
Published 31 Jul, 2005 12:00am
Government likely to fix wheat price at Rs 424 per 40kg

Government likely to fix wheat price at Rs 424 per 40kg

The government is likely to fix issue price of wheat at Rs 424 per 40 kg for 2005-06 for the time being, besides authorising Ministry of Food, Agriculture and Livestock (Minfal) to review it periodically in consultations with the provinces. "We have recom
Published 31 Jul, 2005 12:00am
Government likely to fix wheat price at Rs 424 per 40kg

Government likely to fix wheat price at Rs 424 per 40kg

The government is likely to fix issue price of wheat at Rs 424 per 40 kg for 2005-06 for the time being, besides authorising Ministry of Food, Agriculture and Livestock (Minfal) to review it periodically in consultations with the provinces. "We have recom
Published 31 Jul, 2005 12:00am
Government likely to fix wheat price at Rs 424 per 40kg

Government likely to fix wheat price at Rs 424 per 40kg

The government is likely to fix issue price of wheat at Rs 424 per 40 kg for 2005-06 for the time being, besides authorising Ministry of Food, Agriculture and Livestock (Minfal) to review it periodically in consultations with the provinces. "We have recom
Published 31 Jul, 2005 12:00am
Government all out to bring down cement prices

Government all out to bring down cement prices

The government will soon exercise its options to bring down cement prices as All Pakistan Cement Manufacturers Association (APCMA) has failed to honour its oft-repeated commitments to return the cement prices to pre-budget levels, Economic Adviser and spo
Published 31 Jul, 2005 12:00am
Government all out to bring down cement prices

Government all out to bring down cement prices

The government will soon exercise its options to bring down cement prices as All Pakistan Cement Manufacturers Association (APCMA) has failed to honour its oft-repeated commitments to return the cement prices to pre-budget levels, Economic Adviser and spo
Published 31 Jul, 2005 12:00am
Government all out to bring down cement prices

Government all out to bring down cement prices

The government will soon exercise its options to bring down cement prices as All Pakistan Cement Manufacturers Association (APCMA) has failed to honour its oft-repeated commitments to return the cement prices to pre-budget levels, Economic Adviser and spo
Published 31 Jul, 2005 12:00am
Imports from India to continue

Imports from India to continue

Provincial Minister for Agricultural Marketing Rana Qasim Noon has said import of agricultural commodities from India would continue till supply and demand position of essential agriculture commodities was stabilised. He stated this while talking to Bu
Published 31 Jul, 2005 12:00am
Imports from India to continue

Imports from India to continue

Provincial Minister for Agricultural Marketing Rana Qasim Noon has said import of agricultural commodities from India would continue till supply and demand position of essential agriculture commodities was stabilised. He stated this while talking to Bu
Published 31 Jul, 2005 12:00am
Imports from India to continue

Imports from India to continue

Provincial Minister for Agricultural Marketing Rana Qasim Noon has said import of agricultural commodities from India would continue till supply and demand position of essential agriculture commodities was stabilised. He stated this while talking to Bu
Published 31 Jul, 2005 12:00am
Two Britons among 22 killed in Iraq

Two Britons among 22 killed in Iraq

Two British security guards and at least 20 Iraqis were killed in attacks across the country on Saturday as MPs worked against the clock to try to reach agreement on a draft constitution by Monday. In Amman, Saddam Hussein's defence team charged that the
Published 31 Jul, 2005 12:00am
Two Britons among 22 killed in Iraq

Two Britons among 22 killed in Iraq

Two British security guards and at least 20 Iraqis were killed in attacks across the country on Saturday as MPs worked against the clock to try to reach agreement on a draft constitution by Monday. In Amman, Saddam Hussein's defence team charged that the
Published 31 Jul, 2005 12:00am
No change in export refinance rate

No change in export refinance rate

The State Bank of Pakistan has maintained export refinance rate at 7.5 percent as its anchor six-month Treasury Bills yields in July remained below 8 percent. In a circular issued here on Saturday, the SBP said that the rate of refinance under the Export
Published 31 Jul, 2005 12:00am
No change in export refinance rate

No change in export refinance rate

The State Bank of Pakistan has maintained export refinance rate at 7.5 percent as its anchor six-month Treasury Bills yields in July remained below 8 percent. In a circular issued here on Saturday, the SBP said that the rate of refinance under the Export
Published 31 Jul, 2005 12:00am
No change in export refinance rate

No change in export refinance rate

The State Bank of Pakistan has maintained export refinance rate at 7.5 percent as its anchor six-month Treasury Bills yields in July remained below 8 percent. In a circular issued here on Saturday, the SBP said that the rate of refinance under the Export
Published 31 Jul, 2005 12:00am
No change in export refinance rate

No change in export refinance rate

The State Bank of Pakistan has maintained export refinance rate at 7.5 percent as its anchor six-month Treasury Bills yields in July remained below 8 percent. In a circular issued here on Saturday, the SBP said that the rate of refinance under the Export
Published 31 Jul, 2005 12:00am
Musharraf announces uplift schemes for Malakand

Musharraf announces uplift schemes for Malakand

President General Pervez Musharraf on Saturday announced a number of development schemes for Malakand Division, which include construction of a sports complex, cadet college and a network of infrastructure for the area''s fast pace development.
Published 31 Jul, 2005 12:00am
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