News Archives for Print - 2006-06-03

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time).

Published 03 Jun, 2006 12:00am

PML leader calls on Pervaiz

Senior Vice-President of Pakistan Muslim League Punjab, Saeed Ahmed Khan called on the Punjab Chief Minister, Chaudhry Pervaiz Elahi at Chief Minister's Secretariat, here on Friday.

Published 03 Jun, 2006 12:00am

Liberalisation of the telecom sector: an appraisal of the past two years

The 21st century ushered in promising new scenarios of growth for our country encompassing public as well as private sector activities. Visionary aim set by the Government brought in its fold a clear direction to follow in pursuit of national objectives.

Published 03 Jun, 2006 12:00am

Murali stymies England with the bat

Muttiah Muralitharan frustrated England with the bat, not the ball, as the home side were left on the backfoot come stumps on the first day of the third and final Test against Sri Lanka at Trent Bridge here Friday.

Published 03 Jun, 2006 12:00am

Teralight Limited

Teralight Ltd is head quartered in Dubai, United Arab Emirates. It has branch offices in Islamabad, Hong Kong, Riyadh, Chicago and Phoenix and has a business acumen specialising in:

Published 03 Jun, 2006 12:00am

OPEN Silicon Valley moot: Musharraf to address through video conference

President General Pervez Musharraf will deliver a keynote address to the OPEN Silicon Valley's annual business moot 2006 being held in California through a video conference late Saturday evening.

Published 03 Jun, 2006 12:00am

Callmate Telips Telecom Limited

Callmate Telips Telecom Limited (CTTL) CEO, Ajmal Ansari tells the success story, recent achievements and future expansion plans of CTTL:

Published 03 Jun, 2006 12:00am

Supreme Court directs Pemra chief, CDA to vacate occupied plot

The Supreme Court has directed Pakistan Electronic Media Regulating Authority (Pemra) Chairman Iftikhar Rashid and CDA to immediately vacate the forcibly occupied plot measuring 2.5 acres in Rawal Town, Islamabad, and hand over its possession to the owner

Published 03 Jun, 2006 12:00am

CONNECT IT: Second International Exhibition for Connectivity & Information Technology

Pegasus Consultancy (Pvt) Ltd is the leading conferences and exhibition organising company of Pakistan that has created an ideal blend of professionalism, creativity and dynamism within the short span of its existence.

Published 03 Jun, 2006 12:00am

Chief Justice urged to take suo moto action against Gilani's confinement

The President of High Court Bar Association, Rawalpindi, Sardar Shaukat Hayat has appealed to Chief Justice of Pakistan to take suo moto action against the unlawful confinement of Syed Yusuf Raza Gilani, former speaker of National Assembly.

Published 03 Jun, 2006 12:00am

Cummins - our power your world

Cummins is the world's largest diesel engine Manufacturing Company in the 50 hp to 3000 hp band. It easily beats the second best by more than twice the number. It is a Fortune 500 Company and is rated as one of the best corporate citizens in the comity of

Published 03 Jun, 2006 12:00am

Pima for raise in healthcare allocation

The Pakistan Islamic Medical Association has demanded that at least three percent of the GNP should be allocated for the health sector improvement in the country, which they warned was on the downward slide in Pakistan.

Published 03 Jun, 2006 12:00am

Call Center Deployments

ZRG has been growing and expanding faster like any other IT and Telecom solutions company in terms of customers, revenues and team members, and have continued to do so throughout year 2005 as well, as shown by the following deployments last year:

Published 03 Jun, 2006 12:00am

Government to provide basic amenities to people: Rashid

Federal Minister for Railways Sheikh Rasheed Ahmed has reiterated the government's resolve to provide people better health care, education and pure drinking water saying that it would raise the life expectancy and improve living standard of masses.

Published 03 Jun, 2006 12:00am

Ericsson wins market leadership award

With a distinguished history of providing quality services and leading products, Ericsson Pakistan has won the Telecom Excellence Award for Market Leadership.

Published 03 Jun, 2006 12:00am

Action plan on disabilities finalised: minister

Minister for Social Welfare and Special Education, Zubaida Jalal on Friday said National Plan of Action on Disabilities has been finalised which would be launched soon. Speaking in a PTV programme she said a Social Protection Policy is also being evolved

Published 03 Jun, 2006 12:00am

First Telecom Excellence Award setting a trend

Due to Government's structured approach of liberalisation, deregulation and privatisation, the telecommunication industry has shown a tremendous growth which can easily be judged by reviewing the amount of foreign investments and the decreasing percentage

Published 03 Jun, 2006 12:00am

Current year GDP growth to remain at 6-6.5 percent: ADB report

The Asian Development Bank (ADB) has projected that Pakistan's Gross Domestic Product (GDP) growth would remain at 6 to 6.5 percent by the end this fiscal year. However, the growing imbalance in the external sector is a risk to economic growth and poverty

Published 03 Jun, 2006 12:00am

Booming Telecom - Beaming Pakistan

In Pakistan during past few years, massive growth has been witnessed in the telecom sector through fixed-line deregulation, and mobile cellular policies which have gone a long way in achieving their objectives in terms of infrastructural development.

Published 03 Jun, 2006 12:00am

Accountants can help in disciplining economy: Soomro

Senate Chairman Muhammadmian Soomro has asked management accountants to contribute in a big way to put the productive units on the right track as efficiency and effectiveness in their area of specialisation can beef up good governance in the corporate sec

Published 03 Jun, 2006 12:00am

Message from Convenor Tcap

It gives me immense pleasure and satisfaction to extend my heartiest congratulation to the organisers to hold the 2nd mega event of the telecommunication industry C-Future Exhibition 2006.

Published 03 Jun, 2006 12:00am

Field hospital sent to Indonesia

Pakistan on Friday dispatched a 75-bed field hospital to Indonesia, where casualties were overcrowding hospitals following last weekend's earthquake, officials said.

Published 03 Jun, 2006 12:00am

Message from chief executive Pakistan Export Corporation

Being the organiser of Pakistan largest Telecom Exhibition I proudly welcome all the participants, guests and foreign delegates to C- Future Telecom Exhibition and Telecom Excellence Award ceremony 2006 being held from June 3rd to 4th in Expo Centre Karac

Published 03 Jun, 2006 12:00am

Economic Survey on June 4

Economic Survey of the financial year 2005-06, presenting overview of the national economy will be released here on June 4, 2006 (Sunday). Advisor to Prime Minister on Finance Dr Salman Shah and Advisor to Ministry of Finance Dr Ashfaque Hasan Khan will j

Published 03 Jun, 2006 12:00am

Message from President FPCCI

FPCCI takes great pride in being associated with 2nd mega Telecom Exhibition as a co- organiser in conjunction with The Exhibitors (Pvt), limited and Pakistan Export Corporation as the organisers.

Published 03 Jun, 2006 12:00am

Economic Survey on June 4

Economic Survey of the financial year 2005-06, presenting overview of the national economy will be released here on June 4, 2006 (Sunday). Advisor to Prime Minister on Finance Dr Salman Shah and Advisor to Ministry of Finance Dr Ashfaque Hasan Khan will j

Published 03 Jun, 2006 12:00am

Message from former Federal Minister for Investment and Privatisation

The present government has Accorded highest priority to the development of telecom industry in Pakistan and declared telecom as priority area for the economic growth.

Published 03 Jun, 2006 12:00am

Economic Survey on June 4

Economic Survey of the financial year 2005-06, presenting overview of the national economy will be released here on June 4, 2006 (Sunday). Advisor to Prime Minister on Finance Dr Salman Shah and Advisor to Ministry of Finance Dr Ashfaque Hasan Khan will j

Published 03 Jun, 2006 12:00am

Message from Chairman PTA

It is a matter of great satisfaction to know that, the Exhibitors (PVT) Limited in collaboration with FPCCI organising the 2nd mega telecom Exhibition C-Future 2006. In the information age, the ability of individuals and organisations to access, process a

Published 03 Jun, 2006 12:00am

Federal Budget on Monday

The budget for the fiscal year 2006-07, laying emphasis on sustained economic growth, acceleration of development process and improving the lot of poor masses in the country, will be presented in the National Assembly here on June 5.

Published 03 Jun, 2006 12:00am

Message from Federal Minister for IT and Telecom

It gives me immence pleasure to learn that Federation of Pakistan Chambers of Commerce & Industry - FPCCI (The Apex Trade Body of Pakistan) in collaboration with The Exhibitor (Pvt) Ltd and Pakistan Export Corporation is holding Pakistan's Largest Telecom

Published 03 Jun, 2006 12:00am

$340 million World Bank funding for four projects

The World Bank has approved $340 million for four development projects in social and infrastructure sectors, to help boost Pakistan''s economy. The bank would finance these projects from its two wings-International Bank for Reconstruction and Development

Published 03 Jun, 2006 12:00am

BRIDGE NOTES: Self inflicted injury defies remedy

Among many small and big cities of Pakistan only three cities namely Karachi, Lahore and Islamabad figure prominently in deeper interest in playing and promoting the game of bridge as a social and intellectual pastime.

Published 03 Jun, 2006 12:00am

$340 million World Bank funding for four projects

The World Bank has approved $340 million for four development projects in social and infrastructure sectors, to help boost Pakistan's economy. The bank would finance these projects from its two wings-International Bank for Reconstruction and Development (

Published 03 Jun, 2006 12:00am

FIFA WORLD CUP: Brazil eyeing record sixth World Cup title win

As the countdown to the world's biggest sports extravaganza after the Olympic Games, the 18th FIFA 2006 World Cup nears, people have set their eyes on the preparation being made for the mega event, being organised by the Federation of International Footba

Published 03 Jun, 2006 12:00am

$340 million World Bank funding for four projects

The World Bank has approved $340 million for four development projects in social and infrastructure sectors, to help boost Pakistan's economy. The bank would finance these projects from its two wings-International Bank for Reconstruction and Development (

Published 03 Jun, 2006 12:00am

SPORTS WORLD: Pakistan win fisticuffs against India

A boxing series between arch-foes, Pakistan and India, could not but have been welcomed after the cricket, hockey, polo and snooker trials of strength in the days when relations between the two countries are getting warmer in the process of people-to-peop

Published 03 Jun, 2006 12:00am

Two held in London anti-terrorist raid

Armed officers arrested two men following a large-scale anti-terrorist raid on a house in east London in which police shot and injured one of the suspects. The dawn swoop followed intelligence about a suspected plot on British soil, the Press Association

Published 03 Jun, 2006 12:00am

TV THOUGHTS: A thematically strong political interview with Farooq Leghari

I would like to believe that the Aaj TV interview of former President Farooq Leghari had high viewing, and that it had viewers contemplating about some of his grim observations and recollections. That he speaks very well is an understatement.

Published 03 Jun, 2006 12:00am

Two held in London anti-terrorist raid

Armed officers arrested two men following a large-scale anti-terrorist raid on a house in east London in which police shot and injured one of the suspects. The dawn swoop followed intelligence about a suspected plot on British soil, the Press Association

Published 03 Jun, 2006 12:00am

Songs of Iqbal Bano

This past week, I enjoyed listening to a two-volume collection of Iqbal Bano's songs, ghazals and thumries, which were recorded and marketed by EMI in its 'Meri Pasand' series about a couple of decade ago.

Published 03 Jun, 2006 12:00am

Raise in gas prices after government approval: SSGC

The price increase allowed by the Oil and Gas Regulatory Authority (Ogra) for financial year 2006-07 with regard to gas tariff fixation in a petition filed by the SSGC, would be effective from July 1, after the government''s approval.

Published 03 Jun, 2006 12:00am

LAHORE CULTURAL DIARY: Enthralling performance by Chinese dance troupe

An engaging performance by Chinese folklore/dance group was one of the major cultural events in Lahore during this past week.

Published 03 Jun, 2006 12:00am

Raise in gas prices after government approval: SSGC

The price increase allowed by the Oil and Gas Regulatory Authority (Ogra) for financial year 2006-07 with regard to gas tariff fixation in a petition filed by the SSGC, would be effective from July 1, after the government's approval.

Published 03 Jun, 2006 12:00am

Importance of intellectual property in our life

Intellectual property essentially refers to creations of the mind - which results from intellectual activity in the industrial, scientific, literary and artistic fields.

Published 03 Jun, 2006 12:00am

Raise in gas prices after government approval: SSGC

The price increase allowed by the Oil and Gas Regulatory Authority (Ogra) for financial year 2006-07 with regard to gas tariff fixation in a petition filed by the SSGC, would be effective from July 1, after the government's approval.

Published 03 Jun, 2006 12:00am

Changing women's role in our society

Women are the integral part of society. The need of the hour is to create awareness regarding their roles as a woman, giving them equal opportunities in all the fields of life, so that they can contribute their positively in the development of the country

Published 03 Jun, 2006 12:00am

Salman hints at increase in saving rates: finances for land purchase for dams to be allocated

''''With privatisation process picking up, poverty level dropping from 32 percent to 25 percent,'''' there is a visible improvement in the economy.'''' Advisor to Prime Minister on Finance Dr Salman Shah, stated this while speaking in a pre-budget seminar

Published 03 Jun, 2006 12:00am

Women must stop isolating themselves

Mohtarma Fatima Jinnah, "Madar-i-Millat" of the nation, this title is given to her in appreciation of the work she has done for the nation side by side with the Quaid-i-Azam to build the nation - just like a mother who cares for all her children.

Published 03 Jun, 2006 12:00am

Salman hints at increase in saving rates: finances for land purchase for dams to be allocated

''With privatisation process picking up, poverty level dropping from 32 percent to 25 percent,'' there is a visible improvement in the economy.'' Advisor to Prime Minister on Finance Dr Salman Shah, stated this while speaking in a pre-budget seminar, here

Published 03 Jun, 2006 12:00am

CAPITAL CULTURAL SCENE: 'All Round Training in Excellence'

I wonder whether it can get any hotter in Islamabad. The weather has been unpredictable this summer which might be due to the after effects of the earthquake. The heat really drains ones strength and it toll ones mood.

Published 03 Jun, 2006 12:00am

Salman hints at increase in saving rates: finances for land purchase for dams to be allocated

'With privatisation process picking up, poverty level dropping from 32 percent to 25 percent,' there is a visible improvement in the economy.' Advisor to Prime Minister on Finance Dr Salman Shah, stated this while speaking in a pre-budget seminar, here on

Published 03 Jun, 2006 12:00am

All in a day's work! - Welcome FY 2006-2007!

The financial year (FY) is about to start!

Published 03 Jun, 2006 12:00am

Salman hints at increase in saving rates: finances for land purchase for dams to be allocated

'With privatisation process picking up, poverty level dropping from 32 percent to 25 percent,' there is a visible improvement in the economy.' Advisor to Prime Minister on Finance Dr Salman Shah, stated this while speaking in a pre-budget seminar, here on

Published 03 Jun, 2006 12:00am

Style with an attitude

What is it with people nowadays? wonders a friend. 'It seems to be boorish is in as if they've taken the style with an attitude thing a bit too far.' Visit any store, along Zamzama especially and it reeks of it, the designer boutiques, the shoe stores, th

Published 03 Jun, 2006 12:00am

Benazir and Nawaz meet in Dubai

Former prime ministers Benazir Bhutto and Nawaz Sharif met at Senator Ishaq Dar's residence in Dubai on Friday, private TV channels reported. Both the leaders decided to further strengthen ties and assured to accept mandate by the people in the coming ele

Published 03 Jun, 2006 12:00am

ROVER'S DIARY: Three-pronged plan to make Mumbai a world class city

The vision of the Mahrashtra government and Mumbai Metropolitan Corporations is: "Transforming Mumbai to a world class city with a vibrant economy and globally comparable quality of life."

Published 03 Jun, 2006 12:00am

Benazir and Nawaz meet in Dubai

Former prime ministers Benazir Bhutto and Nawaz Sharif met at Senator Ishaq Dar's residence in Dubai on Friday, private TV channels reported. Both the leaders decided to further strengthen ties and assured to accept mandate by the people in the coming ele

Published 03 Jun, 2006 12:00am

Danish cartoons and Muslims

The cartoons published in Danish papers a few months ago caricaturing the Holy Prophet (PBUH) has once again taken the world of Islam by storm. There have been demonstrations throughout Islamic world some violent, some peaceful and in some cases like Afgh

Published 03 Jun, 2006 12:00am

PIA denies CAA claim

Pakistan International Airlines (PIA) does not owe any amount to Civil Aviation Authority (CAA), in fact CAA owes to PIA. PIA categorically denies the report and clarifies the content of the article entitled "Mystery behind Aero Asia''s non-payment of CAA

Published 03 Jun, 2006 12:00am

South African maize at 27-month peaks

South Africa's July white maize futures hovered near 27-month peaks on Friday, driven by a softer rand currency and worries that excessive rains may have damaged this season's crop.

Published 03 Jun, 2006 12:00am

PIA denies CAA claim

Pakistan International Airlines (PIA) does not owe any amount to Civil Aviation Authority (CAA), in fact CAA owes to PIA. PIA categorically denies the report and clarifies the content of the article entitled "Mystery behind Aero Asia's non-payment of CAA

Published 03 Jun, 2006 12:00am

Singapore bunker fuel prices fall

Singapore bunker prices fell on Friday as their premium to fuel oil cargo values slid after suppliers slashed offers to clear leftover May barrels while berth congestions start to ease, traders said.

Published 03 Jun, 2006 12:00am

PIA denies CAA claim

Pakistan International Airlines (PIA) does not owe any amount to Civil Aviation Authority (CAA), in fact CAA owes to PIA. PIA categorically denies the report and clarifies the content of the article entitled "Mystery behind Aero Asia's non-payment of CAA

Published 03 Jun, 2006 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 72,201 tonnes of cargo including 52,876 tonnes import, 19,325 tonnes export cargo and 3,614 containers during last 24 hours ending at 0700 hours on Friday.

Published 03 Jun, 2006 12:00am

Pakistan and Iran to start bus service

Pakistan and Iran have agreed to start a regular passenger bus service between Quetta and Mashad via Dalbandin and Zahedan. Pakistan's Ministry of Communication said that the decision had been taken on the fourth two-day meeting of the Pakistan-Iran Joint

Published 03 Jun, 2006 12:00am

Russian weekly grain market report

Russian grain prices were declining slowly last week ahead of the new harvest, while a rise on the sunseed and sunoil market had slowed down, traders said.

Published 03 Jun, 2006 12:00am

Sri Lanka's central bank governor resigns

Sri Lanka's Central Bank Governor Sunil Mendis said on Friday he had tendered his resignation for personal reasons and would leave the post at the end of June, and President Mahinda Rajapakse had yet to find a replacement.

Published 03 Jun, 2006 12:00am

Iran provisionally books 2 more ULCCs to store oil

Iran has provisionally booked two more Ultra Large Crude Carriers (ULCCs) to store 4.5 million barrels of oil for 120 days, extending a chartering spree that has supported freight rates, shipbrokers said on Friday.

Published 03 Jun, 2006 12:00am

Pakistan, India to enhance number of religious places, pilgrims

India and Pakistan on Friday agreed to enhance the number of religious places and pilgrims on both sides besides promoting exchanges in education, media, youth and sports.

Published 03 Jun, 2006 12:00am

European vegetable oil markets mostly lower

European vegetable oil markets were mostly lower on Thursday following early weakness in CBOT soyaoil and a decline in Malaysian crude palm oil futures, dealers said.

Published 03 Jun, 2006 12:00am

Kuwait Emir due on June 20

Kuwait Emir Sheikh Sabah Ahmed Al-Sabah will visit Pakistan on June 20 to 21. During his visit, the Kuwaiti Emir would meet President Pervez Musharraf and Prime Minister Shaukat Aziz.

Published 03 Jun, 2006 12:00am

Manila seeks to buy 132,000 tonnes rice

The Philippines' National Food Authority (NFA) said on Friday it had set a tender for June 27 to buy 132,000 tonnes of rice for arrival in July and August.

Published 03 Jun, 2006 12:00am

Pakistan may lose over 50 percent Basmati export market

The Pakistani rice exporters are dire straits over the non- existence of Geographical Indication (GI) Laws and GI Registry in the country, as this may cause a 50 percent decline in the export of Basmati rice.

Published 03 Jun, 2006 12:00am

HRW wheat bids holding steady

Spot basis bids for hard red winter wheat in the US Plains held steady Friday with the harvest resuming in the Plains after rain slowed progress earlier this week.

Published 03 Jun, 2006 12:00am

Arms recovered in Quetta

Police have seized a large quantity of arms in Quetta and arrested a man who allegedly smuggled the weapons from Afghanistan, a senior official said Friday. The police chief in Quetta, identified the man as Mohammad Azam and said the arms were recovered i

Published 03 Jun, 2006 12:00am

FOB Gulf HRW wheat falls, soya steady, corn up

US FOB Gulf hard red winter wheat basis offers fell on Thursday due to a lack of export demand and freshly harvested supplies entering the market, traders said.

Published 03 Jun, 2006 12:00am

Gur makers threaten protest if regulatory duty levied

The speakers at a seminar on Friday feared levying of 15 percent Regulatory Duty on Gur and re-enforcement of Gur Control Act 1948 would not only deepen crisis but also encourage the sugar mafia.

Published 03 Jun, 2006 12:00am

Mauritius seas 530,000 tonnes sugar output

Sugar production in Mauritius is expected to reach 530,000 tonnes this year, up a marginal 2 percent from last year's 519,816 tonnes, a sugar industry group said on Friday.

Published 03 Jun, 2006 12:00am

Gur makers threaten protest if regulatory duty levied

The speakers at a seminar on Friday feared levying of 15 percent Regulatory Duty on Gur and re-enforcement of Gur Control Act 1948 would not only deepen crisis but also encourage the sugar mafia.

Published 03 Jun, 2006 12:00am

US Midwest soyabeans rise; corn and wheat mostly steady

Spot basis bids for soyabeans rose around the US Midwest on Friday as processors and elevators sought to boost dwindling supplies, grain dealers said.

Published 03 Jun, 2006 12:00am

Gur makers threaten protest if regulatory duty levied

The speakers at a seminar on Friday feared levying of 15 percent Regulatory Duty on Gur and re-enforcement of Gur Control Act 1948 would not only deepen crisis but also encourage the sugar mafia.

Published 03 Jun, 2006 12:00am

CBOT wheat futures mixed in consolidation trade

Wheat futures on the Chicago Board of Trade closed mixed on Thursday as the market consolidated after a technical collapse on Wednesday that pushed front-month July below $4, traders said.

Published 03 Jun, 2006 12:00am

East Timor names defence minister

A major political crisis in the world's youngest independent nation appeared to ease on Friday when East Timor's Nobel Peace Prize-winning foreign minister was given additional charge of the country's fractured armed forces.

Published 03 Jun, 2006 12:00am

Oil cake market rates

Prices moved both ways on the forward cottonseed oilcake market on Friday amid thin volume, dealers said. The July was unchanged at Rs 545.00 and closing was seen at the same level, they said.

Published 03 Jun, 2006 12:00am

Japanese firms may scrap joint chip output plan

Hitachi Ltd, Toshiba Corp and Renesas Technology Corp are likely to scrap their plans to jointly make chips due to expectations that such a venture would not make money, the Nihon Keizai Shimbun reported on Friday.

Published 03 Jun, 2006 12:00am

Modest business on cotton market

Modest business was seen on the cotton market on Friday as prices maintained the overnight levels, dealers said. The Karachi Cotton Association (KCA) official rate was unchanged at 2500, without upcountry expenses.

Published 03 Jun, 2006 12:00am

Indonesia awards oil and gas blocks to four firms

Indonesia has awarded exploration rights for four oil and gas blocks to four foreign energy companies, including US giant Exxon Mobil and Canada's Husky Energy, the energy ministry said on Friday.

Published 03 Jun, 2006 12:00am

Ivorian cocoa arrivals rise

Cocoa arrivals at ports in Ivory Coast reached 1,156,407 tonnes between October 1 and May 28, according to an estimate by major exporters on Friday. That compared with 1,118,421 tonnes delivered to ports at the same period in the 2004/05 season, industry

Published 03 Jun, 2006 12:00am

Zambia to make ethanol from molasses for fuel

Zambia will start to produce 20 million litres of ethanol a year as an alternative fuel and also plans to start making biodiesel, Energy Minister Felix Mutati said on Friday.

Published 03 Jun, 2006 12:00am

Guwar down Rs 50 on grain market

Firmer trend was seen on the grain market on Friday as balanced demand and supply of the commodities prevented any unusual change in the process of trading, dealers said. On the cereals side, Masoor Australia quoted at Rs 2550-2650 and guwar lost Rs 50 to

Published 03 Jun, 2006 12:00am

Belarus and Gazprom fail to agree on gas prices

Belarus and Russia's gas giant Gazprom have failed to agree on gas prices for next year, Prime Minister Sergei Sidorsky said on Friday. Gazprom and Belarussian officials held talks in Moscow on Thursday where Minsk repeated its offer to Russia to cease so

Published 03 Jun, 2006 12:00am

Dyes move both ways on Jodia Bazar

The trading on dyes sector closed both ways on Jodia Bazar here, on Friday. The following variations were seen in the bases China scarlet G up Rs 5 to Rs 95, China Ten Jin sulphur black 522 down Rs 2 to Rs 55, Rohdamine B down Rs 5 to Rs 235, acid dyes In

Published 03 Jun, 2006 12:00am

Japan warns G8 education meet over children, computers

Japan called for safeguards to protect children from exposure to "anti-social" information over the Internet at a meeting of G8 education ministers in Moscow on Friday.

Published 03 Jun, 2006 12:00am

US soya oil stocks total 2.76 billion lbs in April

US soybean oil stocks totalled 2.76 billion lbs in April, compared to a revised 2.72 billion lbs in March, the US Census Bureau said Thursday. The stocks data were released as part of the Census Bureau's monthly Fats & Oils Production and Stocks report.

Published 03 Jun, 2006 12:00am

Bulls strengthen positions on ISE

Bulls strengthened their positions on the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready board amid increase in index. ISE Ten index was plus by 95.85 points as the ten index moved from 2,654.07 to 2,749.92

Published 03 Jun, 2006 12:00am

MGE wheat lower on KCBT declines

Spring wheat futures on the Minneapolis Grain Exchange closed lower on Thursday, influenced by declines in the Kansas City wheat market and favourable weather in the northern US Plains spring wheat belt, traders said.

Published 03 Jun, 2006 12:00am

Bulls strengthen positions on ISE

Bulls strengthened their positions on the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready board amid increase in index. ISE Ten index was plus by 95.85 points as the ten index moved from 2,654.07 to 2,749.92

Published 03 Jun, 2006 12:00am

New York coffee posts gains

Benchmark arabica coffee futures rose 1 percent to a 1-week high on Thursday, fuelled by speculators buying back some of their short positions amid friendly signals on the price charts, traders said.

Published 03 Jun, 2006 12:00am

LSE registers more gains

Upward tendency continued for second straight session on Lahore Stock Exchange (LSE), where share prices recorded fresh gains mainly on account of buying support from local institutions. The LSE-25 index surged by 67.44 points or 1.50-percent to reach 454

Published 03 Jun, 2006 12:00am

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
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WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
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