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Print - 2007-04-15
Rich nations must fulfill aid promises: Wolfowitz

Rich nations must fulfill aid promises: Wolfowitz

Developing countries turned in a sixth consecutive year of growth despite high oil prices, but donor nations need to make good on vows to boost aid, World Bank President Paul Wolfowitz said on Saturday.
Published 15 Apr, 2007 12:00am
Cinemark IPO could get rave reviews

Cinemark IPO could get rave reviews

Movie theater operator Cinemark Holdings Inc is hoping for rave reviews from investors for its upcoming initial public offering. Analysts said the third-largest movie theatre chain could see a surge in profit if the summer season has as many blockbusters
Published 15 Apr, 2007 12:00am
Emerging debt Argentina and Venezuela lead market losses

Emerging debt Argentina and Venezuela lead market losses

Argentine and Venezuelan bonds led losses in emerging debt markets for the second consecutive session on Friday as investors feared a possible portfolio rebalancing by ABN Amro Asset Management, which has large exposure to both countries.
Published 15 Apr, 2007 12:00am
Emerging debt Argentina and Venezuela lead market losses

Emerging debt Argentina and Venezuela lead market losses

Argentine and Venezuelan bonds led losses in emerging debt markets for the second consecutive session on Friday as investors feared a possible portfolio rebalancing by ABN Amro Asset Management, which has large exposure to both countries.
Published 15 Apr, 2007 12:00am
Mexican stocks soar

Mexican stocks soar

Mexican stocks rose to a record high close on Friday as investors bet companies will report healthy profits for the first quarter. The benchmark IPC stock index climbed 0.52 percent to close at 29,762.22 points. Mexico's largest companies are expected to
Published 15 Apr, 2007 12:00am
US corporate bonds spread steady

US corporate bonds spread steady

US corporate bonds were steady in trading on Friday as bonds of Sallie Mae weakened after The New York Times reported that the largest US student-loan company was in leveraged buyout talks with private equity firms.
Published 15 Apr, 2007 12:00am
US corporate bonds spread steady

US corporate bonds spread steady

US corporate bonds were steady in trading on Friday as bonds of Sallie Mae weakened after The New York Times reported that the largest US student-loan company was in leveraged buyout talks with private equity firms.
Published 15 Apr, 2007 12:00am
US Treasuries fall

US Treasuries fall

US government bond prices fell on Friday, after a report showed consumers' inflation expectations jumped, reawakening investors' concerns the Fed might hold interest rates unchanged for many months.
Published 15 Apr, 2007 12:00am
US Treasuries fall

US Treasuries fall

US government bond prices fell on Friday, after a report showed consumers' inflation expectations jumped, reawakening investors' concerns the Fed might hold interest rates unchanged for many months.
Published 15 Apr, 2007 12:00am
Resources help push Toronto stocks to record highs

Resources help push Toronto stocks to record highs

The Toronto Stock Exchange's main index set a record closing high on Friday, powered by rising resource issues and merger speculation surrounding private-label soft drinks maker Cott Corp.
Published 15 Apr, 2007 12:00am
European stocks: spotlight on earnings

European stocks: spotlight on earnings

European stocks are set to hover around six-year highs in the week ahead as investors digest a batch of corporate earnings, while worries about the outlook for US interest rates may limit upside gains. Results from L'Oreal, Roche, Rio Tinto, Tesco and Swa
Published 15 Apr, 2007 12:00am
Argentine stocks rise

Argentine stocks rise

Argentine stocks closed higher on Friday for the second straight session, buoyed by favourable US economic data and investors' continued interest in oil-related shares, traders said. The MerVal index of the 16 leading stocks gained 1.13 percent to end at
Published 15 Apr, 2007 12:00am
Chile stocks finish firmer

Chile stocks finish firmer

Chilean stocks rose on Friday, bringing the week's cumulative gain to 1.9 percent as renewed risk appetite pushed regional stocks higher. The all-market IGPA index advanced 0.62 percent to 13,889.88 points, while the trade-weighted, blue chip IPSA index g
Published 15 Apr, 2007 12:00am
Taiwan stocks end near 6-1/2-year high

Taiwan stocks end near 6-1/2-year high

Taiwan shares closed up 0.54 percent on Saturday, near a 6-1/2-year high, led by China plays such as Uni-President, as a stronger yuan boosted hopes of growing demand on the mainland. The main TAIEX shares index rose to 8,045.12, slightly below the 8,084
Published 15 Apr, 2007 12:00am
Brazil stocks surge

Brazil stocks surge

Brazil's stocks rose to another record close on Friday and the country's currency hit a six-year high as foreign investors poured into Latin America's largest economy. The Bovespa index of the Sao Paulo Stock Exchange gained 1.22 percent to close at 47,92
Published 15 Apr, 2007 12:00am
American credit market outlook

American credit market outlook

US home builders are likely to face more credit ratings downgrades this year as a weak spring sales season raises expectations that housing market weakness will persist into 2008. The risk of home builders defaulting on their debt, however, remains low as
Published 15 Apr, 2007 12:00am
American credit market outlook

American credit market outlook

US home builders are likely to face more credit ratings downgrades this year as a weak spring sales season raises expectations that housing market weakness will persist into 2008. The risk of home builders defaulting on their debt, however, remains low as
Published 15 Apr, 2007 12:00am
US stocks climb

US stocks climb

US stocks advanced on Friday, boosted by stronger profit outlooks from drug maker Merck & Co and fast-food restaurant chain McDonald's Corp. The S&P 500 has now recovered all of its losses since February 27 when a tumble in the Chinese stock market sent e
Published 15 Apr, 2007 12:00am
Market's growth makes yuan pricing a two-way street

Market's growth makes yuan pricing a two-way street

In the currency markets, China's yuan is considered largely a one-way bet: Economic growth and pressure from trade partners make appreciation against the dollar a no-brainer, within the limits set by the government.
Published 15 Apr, 2007 12:00am
Dollar falls versus euro

Dollar falls versus euro

The dollar fell to two-year lows against the euro on Friday amid concerns about US economic growth and volatility at the start of a meeting of the Group of Seven rich nations. The greenback also erased earlier losses against the Japanese yen after a G7 so
Published 15 Apr, 2007 12:00am
Euro swap rates rise

Euro swap rates rise

Euro zone interest swap rates tracked bond yields higher on Friday but retreated from peak levels after a measure of US producer prices came in flat in March, easing some fears that inflation may prevent the Federal Reserve from cutting rates for many mon
Published 15 Apr, 2007 12:00am
Indian rupee may rise 2.5 percent in two months: HSBC

Indian rupee may rise 2.5 percent in two months: HSBC

India's buoyant rupee, trading at eight-year peaks against the dollar, could climb further higher in the coming months because of surging foreign inflows into the robust economy, a leading foreign bank trader said.
Published 15 Apr, 2007 12:00am
Taiwan dollar ends weaker

Taiwan dollar ends weaker

The Taiwan dollar ended lower in light trade on Saturday when international currency markets were closed over the weekend, with the focus next week on the yen and the movement of local shares. The Taiwan dollar was trapped in a tight range before ending a
Published 15 Apr, 2007 12:00am
Austrian Brier takes China lead with late charge

Austrian Brier takes China lead with late charge

Austrian Markus Brier snared birdies on his last three holes to give himself every chance of a second European Tour victory after taking a one-shot lead at the end of the China Open third round on Saturday.
Published 15 Apr, 2007 12:00am
World Cup grounds need lights and action

World Cup grounds need lights and action

Caribbean governments have been urged to install floodlights at World Cup grounds to boost their profitability after the tournament ends. "The thing that all the venues need to do is get stadium lights," said Don Lockerbie, the World Cup's venue developme
Published 15 Apr, 2007 12:00am
Arsenal beat Bolton

Arsenal beat Bolton

Arsenal came from behind to beat Bolton Wanderers 2-1 at the Emirates Stadium on Saturday and open up a five-point Premier League lead over the Lancashire club in the chase for the fourth Champions League place.
Published 15 Apr, 2007 12:00am
Venus to meet Jankovic in Charleston

Venus to meet Jankovic in Charleston

Unseeded Venus Williams marched into the Family Circle Cup semi-finals by beating Spain's Anabel Medina Garrigues 6-4 7-5 on Friday. The American next meets second-seeded Serb Jelena Jankovic, who cruised to a 6-2 6-0 victory over Slovenian Katarina Srebo
Published 15 Apr, 2007 12:00am
Yousuf eager to take over Pakistan captaincy

Yousuf eager to take over Pakistan captaincy

Batsman Mohammad Yousuf has made himself available to take over the Pakistan captaincy after Younis Khan turned down the job following the team's first-round exit from the World Cup.
Published 15 Apr, 2007 12:00am
Nigerians vote

Nigerians vote

Nigerians voted on Saturday for state governors in the first of two elections which should lead to the first fully democratic transition in Africa's most populous nation and top oil producer.
Published 15 Apr, 2007 12:00am
Thai flash floods kill 23

Thai flash floods kill 23

Flash floods killed at least 23 holidaymakers and injured more than 20 at three waterfalls in the southern Thai province of Trang on Saturday as they celebrated the Thai New Year, disaster officials said.
Published 15 Apr, 2007 12:00am
Two bombers attack US targets in Morocco

Two bombers attack US targets in Morocco

Two suicide bombers killed themselves in an attack on US diplomatic offices in Morocco's commercial hub Casablanca on Saturday in the first such targeted bombings in four years, witnesses said.
Published 15 Apr, 2007 12:00am
China launches navigational satellite

China launches navigational satellite

China launched a navigation satellite on Saturday to be used for everything from tracking forest fires to public security, Xinhua news agency said. With more to be launched in coming years, the system would cover China and neighbouring countries by 2008,
Published 15 Apr, 2007 12:00am
Russian police swoop on protest, arrest Kasparov

Russian police swoop on protest, arrest Kasparov

Russian riot police detained as many as 200 demonstrators Saturday, including opposition leader and former chess champion Garry Kasparov, in a crackdown on a banned protest in central Moscow.
Published 15 Apr, 2007 12:00am
Bush and Democrats trade accusations on troops

Bush and Democrats trade accusations on troops

President George W. Bush and congressional Democrats accused each other on Saturday failing to support US troops, showing no signs of backing down in their fight over funding for the Iraq war.
Published 15 Apr, 2007 12:00am
Taliban issue video of French hostages

Taliban issue video of French hostages

Taliban guerrillas said they have issued a video of two kidnapped French aid workers appealing to France to heed their captors' demands, according to a Web statement posted on Saturday. In an Arabic-language statement posted on the Internet, the Taliban s
Published 15 Apr, 2007 12:00am
Seven cops among 13 killed in Afghan violence

Seven cops among 13 killed in Afghan violence

Thirteen people including seven policemen were killed in Afghanistan Saturday in a series of explosions, one targeting a police headquarters, officials said. A suicide bomber blew himself up at the gate of the police station in eastern Khost province, kil
Published 15 Apr, 2007 12:00am
China urges patience on North Korea deadline D-day

China urges patience on North Korea deadline D-day

China urged the United States on Saturday to show a bit more patience as North Korea appeared likely to miss a deadline to shut down a nuclear reactor. Under a multilateral deal struck on February 13, Pyongyang agreed to shut down its Soviet-era Yongbyon
Published 15 Apr, 2007 12:00am
Thousands rally in Ankara against ruling party

Thousands rally in Ankara against ruling party

Hundreds of thousands of people marched in Turkey's capital on Saturday to try to stop the ruling AK Party from picking Prime Minister Tayyip Erdogan as their presidential candidate because of his Islamist roots.
Published 15 Apr, 2007 12:00am
Rs 117.76 million for Nai Gaj dam design

Rs 117.76 million for Nai Gaj dam design

The Ministry for Water and Power has sanctioned Rs 117.78 million from its PSDP allocation for preparation of detailed engineering design and tender documents of Nai Gaj dam in Sindh province. Detailed engineering design and tender documents of the dam we
Published 15 Apr, 2007 12:00am
CBR restores double pay package of seven officials

CBR restores double pay package of seven officials

The Central Board of Revenue (CBR) has restored double pay package of seven senior tax officials with immediate effect. According to a notification issued on Saturday, the following officers have fulfilled the terms and conditions specified in circular 1
Published 15 Apr, 2007 12:00am
CBR official dismissed

CBR official dismissed

The Central Board of Revenue (CBR) has dismissed from services Muhammad Khalid Khan, Second Secretary, CBR (HQ) Islamabad under the Removal from Service (Special Powers) Ordinance, 2000. According to a notification issued on Saturday.
Published 15 Apr, 2007 12:00am
Old Ravians feted

Old Ravians feted

Some old Ravians have the knack of speaking of serious subjects with a lot of humour, and they demonstrated this gift at the fourth annual dinner of the Old Ravians Association, held at the elegant Nascom Club on Friday. The dinner programme started aroun
Published 15 Apr, 2007 12:00am
Pesco to build five new grid stations

Pesco to build five new grid stations

The Peshawar Electricity Supply Company (Pesco) will construct five new grid stations and would augment heavy power transformers of 19 over loaded grid stations in different parts of the province. This was told to 38th Board of Directors meeting of the co
Published 15 Apr, 2007 12:00am
Workshop on livestock services ends

Workshop on livestock services ends

A three-day strategic planning workshop on 'Strengthening of Livestock Services Project' (SLSP) concluded here on Saturday, which was attended by representatives of all the four provinces.
Published 15 Apr, 2007 12:00am
Steps to woo Arab, Far-East tourists urged

Steps to woo Arab, Far-East tourists urged

Pakistan Tourism Development Corporation (PTDC) Managing Director Salman Javed has termed "Destination Pakistan-2007" as a milestone for Pakistan tourism industry saying that success of this programme would contribute to the socio-economic uplift of the c
Published 15 Apr, 2007 12:00am
Rs 45.1 million spent on drug addiction treatment centres

Rs 45.1 million spent on drug addiction treatment centres

The Ministry of Narcotics Control has so far spent Rs 45.152 million on Model Drug Addiction and Treatment Centers and will demand the same budgetary allocation for these two centers for the next fiscal.
Published 15 Apr, 2007 12:00am
Asthma resort at Khewra salt mines

Asthma resort at Khewra salt mines

Head Section of Pulmonary and Critical Care Medicine, Aga Khan University, Member Global Initiative for Asthma (GINA). According to a news report, Pakistan Mineral Development Corporation has set up an Asthma Cure Center at Khewra at a cost of Rs 10 milli
Published 15 Apr, 2007 12:00am
Makkah, a sanctuary for non-Arab "illegal dreamers"

Makkah, a sanctuary for non-Arab "illegal dreamers"

For some non-Arab Muslims, Makkah not only represents sanctity. It also embodies a notion not unlike the "American dream" - a place promising a secure job, food on the table and a happy family. Makkah has a special place in the hearts of Muslims as the bi
Published 15 Apr, 2007 12:00am
Resurrecting the dead

Resurrecting the dead

Robust optimism aside, there is no gainsaying the fact that the Doha round of multilateral trade negotiations being conducted under the auspices of the World Trade Organisation (WTO) has all but collapsed.
Published 15 Apr, 2007 12:00am
Disaster management

Disaster management

A severe earthquake jolted vast areas of Northern and Central Pakistan recently. The Met Office said the magnitude of the tremor was 6.0 on Richter scale but the US geological survey measured it to be 6.2.
Published 15 Apr, 2007 12:00am
Repercussions of extremism

Repercussions of extremism

Religious extremism has become a grievous predicament in today's Pakistan. President Pervez Musharraf's government and most of the opposition parties are talking of tolerance, justice and moderation.
Published 15 Apr, 2007 12:00am
One trillion tax target

One trillion tax target

The Central Board of Revenue is committed to meeting the revised revenue target of Rs 1 trillion set for the next financial year despite a shortfall in collection of custom duty and sales tax.
Published 15 Apr, 2007 12:00am
Annual Day

Annual Day

Annual Day of Garrison Academy for Boys, Tufail Road, Lahore Cantt will be held at academy premises on 16 April 2007. Chairman Lahore Garrison Education System, Major General Muha-mmad Ashraf Chaudhry (Retd) will be the chief guest on the occasion.
Published 15 Apr, 2007 12:00am
Zakat and Ushr department disburses Rs 160 million

Zakat and Ushr department disburses Rs 160 million

Secretary Zakat and Ushr, Tauqir Ahmad Faiq has said that Zakat Department has disbursed Rs 160 million among the deserved people of 8 districts in the month of March this year. He said this while chairing a monthly departmental meeting held in his office
Published 15 Apr, 2007 12:00am
'Ekasi' Regiment installs new colonel

'Ekasi' Regiment installs new colonel

A regiment of artillery "Ekasi" installed 'Colonel of the Regiment' to celebrate their 36th 'Raising Day' here on Saturday. Lieutenant General Shafaat Ullah Shah, Corps Commander Lahore was the chief guest.
Published 15 Apr, 2007 12:00am
32 Wapda officials served dismissal notices

32 Wapda officials served dismissal notices

As many as 11 sub-divisional officers (SDOs), junior engineers, assistant managers and 21 other employees of Water and Power Development Authority (Wapda) have been served final show-cause notices for dismissal from service under Removal from Service Ordi
Published 15 Apr, 2007 12:00am
Call for early detection of child maltreatment

Call for early detection of child maltreatment

Early detection of child maltreatment and early intervention can help minimise the likelihood of further violence and the long-term health and social consequences. Children who have been maltreated need and deserve a comprehensive medical response includi
Published 15 Apr, 2007 12:00am
Punjab governor opens youth festival

Punjab governor opens youth festival

Punjab Governor Khalid Maqbool inaugurated Youth performing Arts Festival (YPAF) here Friday. The festival is being held under the auspices of Rafi Peer Theatre group and Royal Norwegian Embassy from April 13 to 20, 2007.
Published 15 Apr, 2007 12:00am
Need stressed to ensure sustainability of NGOs

Need stressed to ensure sustainability of NGOs

Addressing the concluding sessions of Lums-McGill Social Enterprise Development Centre's (SEDC) 'Social Sector Action Plan, 2007', former federal minister and Chairperson IUCN, Javed Jabbar stressed the need to ensure sustainability of a number of NGOs an
Published 15 Apr, 2007 12:00am
UK university coordinator to visit GCU on April 16

UK university coordinator to visit GCU on April 16

The United Kingdom link co-ordinator of GCU-Strathclyde University, UK Ian Wooton is visiting GC University Lahore from 16 to 19 April. During his visit to the Department of Economics GCU, Ian Wooton would deliver special lectures on 'current state of deb
Published 15 Apr, 2007 12:00am
PIA flight delayed after minor accident

PIA flight delayed after minor accident

A PIA flight PK-366 operating on Karachi-Islamabad section was delayed after its wing hit the tail of another Boeing 777-300 while it was being pushed back to take off for Islamabad. The tail of the other Boeing suffered a minor damage and was toed to han
Published 15 Apr, 2007 12:00am
'No plan to privatise PIA'

'No plan to privatise PIA'

Pakistan International Airlines Chairman Zafar A Khan has said that he has not come with any privatisation plan of the airline nor the government has any such plan. He said PIA would neither be sold nor any employee would be removed from service. The serv
Published 15 Apr, 2007 12:00am
World community must try to achieve women's equality MDGs

World community must try to achieve women's equality MDGs

To reach key development objectives by 2015, women's equality and fragile states need to receive concerted attention and the international community must scale up strategies for reaching the Millennium Development Goals.
Published 15 Apr, 2007 12:00am
Special train from Nankana Sahib to Panja Sahib planned

Special train from Nankana Sahib to Panja Sahib planned

Minister for Religious Affairs, Muhammad Ejaz ul Haq on Saturday said a direct train service named "Nanak express" will be operated from Nankana Sahib to Panja Sahib in Baisakhi festival next year.
Published 15 Apr, 2007 12:00am
MHCBA urges lawyers to remain united

MHCBA urges lawyers to remain united

The office-bearers of the Multan High Court Bar Association (MHCBA) have urged lawyers to remain united and continue their struggle till the end of the military government in the country.
Published 15 Apr, 2007 12:00am
Lawyers strike continues

Lawyers strike continues

The lawyers' community observed token strike against the suspension of Chief Justice Pakistan and did not appear before the courts for an hour. They also held hunger strike camps in the bar premises and wear black strips in protest. The bar office bearers
Published 15 Apr, 2007 12:00am
Lawyers condemn torture on journalists

Lawyers condemn torture on journalists

Lahore High Court Bar Association (LHCBA) and other representatives of lawyers condemned the torture on journalists and photographers by persons in black coats in Karachi during the procession against the suspension of Chief Justice of Pakistan.
Published 15 Apr, 2007 12:00am
Judges urged not to sit in SJC

Judges urged not to sit in SJC

A member of Lahore High Court Bar Association (LHCBA) has sent an open letter to the member judges of Supreme Judicial Council (SJC) urging them not to sit in the council. Allah Baksh Gondal in his letter contended that the bar members have raised objecti
Published 15 Apr, 2007 12:00am
'Livestock development to help in poverty alleviation'

'Livestock development to help in poverty alleviation'

Professor Bashir Ahmad Vice Chancellor, University of Agriculture, Faisalabad has said that livestock is a priority development area for the government and the recent initiatives include development of livestock and dairy development board.
Published 15 Apr, 2007 12:00am
Cellphone 'virus' rumours create panic South Punjab

Cellphone 'virus' rumours create panic South Punjab

Panic gripped entire southern Punjab since the rumours of a 'supernatural' call on mobiles phones that kills the person receiving it by damaging the central nervous system and splattering the brain. These rumours swept the area like a wild fire. In Multan
Published 15 Apr, 2007 12:00am
Marala-Ravi link canal bridge near Sahuwala collapses

Marala-Ravi link canal bridge near Sahuwala collapses

The bridge on Marala-Ravi link canal on Sialkot-Wazirabad road near Sahuwala collapsed causing suspension of traffic on Sialkot-Wazirabad. The public have been facing serious problems owing to collapse of the bridger.
Published 15 Apr, 2007 12:00am
'Government stance on TOO illogical'

'Government stance on TOO illogical'

The President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Tanveer Ahmed Shaikh, has termed as 'illogical' the stance of the government to introduce the new trade law to weed out fake and bogus trade bodies.
Published 15 Apr, 2007 12:00am
Call for unity to face challenges

Call for unity to face challenges

Federal Minister for Inter-Provincial Co-ordination Salim Saifullah Khan said on Saturday that establishing strong bonds of unity and cohesion among all shades of life was need of the hour to meet the challenges facing the country.
Published 15 Apr, 2007 12:00am
Punjab Development Forum from April 23

Punjab Development Forum from April 23

The fourth Punjab Development Forum will be held at 90 Shahrah-e-Quaid-e-Azam on April 23-24, providing an opportunity to policy makers and stakeholders to engage in wide-ranging dialogue on the development priorities in the province.
Published 15 Apr, 2007 12:00am
'Government focusing on uplift of Balochistan'

'Government focusing on uplift of Balochistan'

President General Pervez Musharraf on Saturday said the government was focusing on the development of Balochistan, aimed at improving the living standard of people, reducing poverty and generating job opportunities.
Published 15 Apr, 2007 12:00am
Senior army officers promoted and transferred

Senior army officers promoted and transferred

Promotion and transfer orders of several officers of the Pakistan armed forces have been announced here, on Saturday. Most of the transfers would be effective from July.
Published 15 Apr, 2007 12:00am
National Assembly body seeks report on ZTBL employees' removal

National Assembly body seeks report on ZTBL employees' removal

National Assembly Standing Committee on Finance and Revenue on Saturday directed the Zarai Taraqiati Bank Limited (ZTBL) to submit a detailed report on reasons behind the removal of low-cadre employees from services during the tenure of former bank's pres
Published 15 Apr, 2007 12:00am
Niaz made PPO Sindh

Niaz made PPO Sindh

The Services, General Administration and Co-ordination Department on Saturday notified appointment of Niaz Ahmed Siddiqui, (BPS-21) an officer of Police Services of Pakistan, additional inspector general of Police, Sindh.
Published 15 Apr, 2007 12:00am
Action against builders ordered

Action against builders ordered

Sindh Chief Minister Dr Arbab Ghulam Rahim on Saturday instructed the chief secretary to initiate action against the builders of the multi-storey Defence View Phase -II on land earmarked for single unit bungalows.
Published 15 Apr, 2007 12:00am
British Airways invites young travellers

British Airways invites young travellers

In the first ever initiative of its kind for an airline, British Airways - which operates three weekly flights from Islamabad to London Heathrow - inviting young travellers to join an advisory board created to develop its brand and services in line with y
Published 15 Apr, 2007 12:00am
'President and Prime Minister cannot appoint members of SJC'

'President and Prime Minister cannot appoint members of SJC'

Minister of State for Information and Broadcasting, Tariq Azeem has said neither the President nor the Prime Minister can appoint the members of the Supreme Judicial Council (SJC). Talking to VoA he said, the composition of the SJC has been mentioned in t
Published 15 Apr, 2007 12:00am
Nilofar says she fears for life

Nilofar says she fears for life

Tourism Minister Nilofar Bakhtiar said on Saturday she fears for life after a photograph was published in local newspapers showing her hugging a foreigner. "Now I fear for my life," Nilofar Bakhtiar told the Senate standing committee on tourism.
Published 15 Apr, 2007 12:00am
Nilofar says she fears for life

Nilofar says she fears for life

Tourism Minister Nilofar Bakhtiar said on Saturday she fears for life after a photograph was published in local newspapers showing her hugging a foreigner. "Now I fear for my life," Nilofar Bakhtiar told the Senate standing committee on tourism.
Published 15 Apr, 2007 12:00am
NWFP sets up vehicle number plates production plant

NWFP sets up vehicle number plates production plant

NWFP Minister for Food, Excise and Taxation Fazle Rabbani Advocate visited the Excise and Taxation Department and attended a presentation on status and progress of the computerisation of motor vehicle registration system and number plates project.
Published 15 Apr, 2007 12:00am
NWFP Assembly body reviews law and order situation

NWFP Assembly body reviews law and order situation

A meeting of the standing committee of NWFP Assembly for Home and Tribal Affairs was held here under the chairmanship of Bashir Ahmad Bilour MPA. MPAs Maulana Jehangir Khan, Malik Hayat Khan, Ms Riffat Jabeen, Ms Nabeela Manzor, Ateequr Rehman, Ms Muneeba
Published 15 Apr, 2007 12:00am
Kamal inaugurates biogas plant today

Kamal inaugurates biogas plant today

City Nazim Syed Mustafa Kamal and H.E. Phil Goff, Minister for trade, government of New Zealand will inaugurate the waste to energy biogas and fertiliser plant on Sunday (today), April 15, city government official told Business Recorder on Saturday
Published 15 Apr, 2007 12:00am
'Government keen to place Pakistan on world IT map'

'Government keen to place Pakistan on world IT map'

Prime Minister Shaukat Aziz has said that the government is investing in IT education, strengthening infrastructure and promoting venture capital funds to place Pakistan on the World IT map. He was talking to Asad Jamal, CEO of e-plant ventures, a Silicon
Published 15 Apr, 2007 12:00am
New Zealand agriculture team due next month

New Zealand agriculture team due next month

New Zealand Minister for Trade, Defence and Disarmament Philip Goff has said that an agriculture and livestock sector delegation will visit Pakistan in May to see possibilities of co-operation in these sectors. Addressing members of Karachi Chamber of Com
Published 15 Apr, 2007 12:00am
Shaukat distributes 'placement letters' to interns

Shaukat distributes 'placement letters' to interns

Prime Minister Shaukat Aziz on Saturday called upon the youth, both boys and girls, to work hard, with sincerity and honesty, for their capacity-building as they "are the one who have to provide leadership" and steer the country and nation to the path of
Published 15 Apr, 2007 12:00am
Removal of presumptive tax regime sought

Removal of presumptive tax regime sought

The Central Board of Revenue (CBR) has been suggested to abolish presumptive tax regime (PTR) as it impairs the competitiveness of the resident companies.
Published 15 Apr, 2007 12:00am
PBA flays attack on journalists

PBA flays attack on journalists

Pakistan Broadcasters Association, in a press release, has strongly condemned and deplored the unwarranted attack on journalists and camera crew of ARY TV, KTN, Indus News, and Sindh TV, while they were covering the protest rallies in Karachi and Islamaba
Published 15 Apr, 2007 12:00am
Scholar explains what Pakistan needs today

Scholar explains what Pakistan needs today

The Oxford University Press and The Jinnah Society hosted a talk by Dr Pervez Hoodbhoy, Professor and Chairman, Department of Physics, Quaid-i-Azam University, Islamabad.
Published 15 Apr, 2007 12:00am
G7 mulls better use of oil money, China reserves

G7 mulls better use of oil money, China reserves

Saudi Arabia, United Arab Emirates, China, and Russia discussed with G7 nations how surpluses derived from oil sales should be invested and Beijing''s plans to more actively manage its foreign reserves, a senior Japanese finance ministry official said lat
Published 15 Apr, 2007 12:00am
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