Business Recorder articles from February 2007, page 43

Business Recorder archives from February 2007

Fahim may discuss MPC agenda with Nawaz in Dubai on February 2.
February 1, 2007... (From Business Recorder) Byline: MUMTAZ ALVI On the direction of Pakistan People's Party (PPP) Chairperson Benazir Bhutto, Makhdoom Amin Fahim will call on Nawaz Sharif in Dubai, probably on February 2 to discuss the broad cantors of...

Transfer and posting in forest department.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT Divisional Forest Officer presently working as Conservator of Forest, Co-ordination Circle Multan Abdul Sattar has been transferred and posted as OSD in Forest Department. ...

Magoon may get special SBLC award this month.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT Saarc Chamber of Commerce and Industry (SCCI) Senior Vice President Sheikh Jamil Mehboob Magoon is likely to receive a special achievement award in second Saarc Business Leaders...

Prevention of diseases: NWFP seeks ulema's help to create awareness.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT NWFP Minister for Health Inayatullah has ordered chalking out of an efficient mechanism to ensure participation of ulema in creating mass awareness about preventable diseases to combat...

INTERNATIONAL TENDERS.
February 1, 2007... (From Business Recorder) Export Promotion Bureau has received the following International Tenders from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details of Tenders from the addresses...

ARD seeks National Assembly debate on US bid for Dr AQ Khan.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Alliance for Restoration of Democracy (ARD) on Wednesday filed three motions with the National Assembly, one of them seeking debate on the US House of Representatives authorising...

FOREIGN TRADE INQUIRIES.
February 1, 2007... (From Business Recorder) Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB...

Explosives seized.
February 1, 2007... (From Business Recorder) The police seized three landmines of high quality, two hand-grenades, a pistol, a wireless set and an explosives' jacket on Mandan road in Bannu district, Dr Mazharul Haq, district police officer said on Tuesday....

'Some leads to miscreants of blasts found'.
February 1, 2007... (From Business Recorder) The investigations for arresting people responsible for sabotage activities in Islamabad, Peshawar and Dera Ismail Khan are continuing in the right direction by several professional expert teams. Some leads,...

Drug smugglers held.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Anti-Narcotics Force (ANF) has recovered 7.25 kilograms fine quality heroin, 7.49 kilograms charas and 238 heroin filled capsules in nine different operations and arrested 13 drug...

Situation in Hangu under control.
February 1, 2007... (From Business Recorder) The situation is very much under control as curfew has been imposed in Hangu following some untoward incidents of firing and blasts, Hangu DCO Fakhar-e-Alam said on Tuesday. Copyright 2007 APP (Associated...

Computer laboratories establish for special children.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The provincial minister for Special Education Dr Tahir Ali Javed has said that Computer Labs have been established in the institutions of Special Education Department to provide...

Reconstruction master plans finalised: Erra.
February 1, 2007... (From Business Recorder) Earthquake Rehabilitation and Reconstruction Authority (Erra) chairman Altaf Saleem on Wednesday said reconstruction master plans for Muzaffarabad and Bagh districts have been finalised with the help of...

UHS declared leading user of digital library resources.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Higher Education Commission (HEC) has declared the University of Health Sciences (UHS) as the leading user of the digital library resources and offered the latter access to one...

'Special children are more talented than normal ones'.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT Special children are more talented than normal ones and the government is determined to make them valuable members of the society so that they could also contribute towards national...

Fish Melas.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT Fisheries Department Punjab has announced the schedule of "Fish Melas" during the month of February in various districts of the province. Fish Melas would be arranged in Rajanpur and...

Dry fruit marketing workshop on February 6.
February 1, 2007... (From Business Recorder) Small and Medium Enterprise Development Authority (Smeda) will organise a daylong training workshop on export marketing of dry fruit in Quetta on February 6. According to Smeda sources, the major objective is to...

MMA to observe Kashmir Day.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The central leader of MMA and Naib Ameer of Jamaat-e-Islami Pakistan, Liaquat Baloch has said the 'Kashmir Solidarity Day' will be observed with full fervour and zeal on February 5th....

City nazim praises Lahorites.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT District Nazim Mian Amer Mahmood has said that Lahore is a city of peace, love and affection and Lahorites have proved it once again by setting an unparalleled example of moderation,...

Ashura observed with religious reverence in Sialkot.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT Youm-e-Ashur was observed with religious reverence and devotion in Daska, Pasrur and Sambrial tehsils of Sialkot district on Tuesday. Several Alam and Zuljinnah processions were taken...

'Christians enjoying complete rights'.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT Christians have representation in all the elected bodies of the country, at all levels, and are fully enjoying their rights in the country, said Punjab minister for minorities Joyce...

Punjab University announces registration schedule.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT Registration for private candidates who want to appear in B.A/B.Sc. annual examinations 2008 will start from 1st March 2007 and will continue up to 30th June 2007. Candidates passing...

Academic development in Punjab university satisfactory: vice chancellor.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT Punjab University Vice-chancellor Lieutenant General Arshad Mahmood (Retd) has said that academic development in the university is satisfactory, syllabi is updated and 23 new...

Outdated teaching system cause of deteriorating education standard.
February 1, 2007... (From Business Recorder) Byline: ZAHEER ABBASI The outdated textbooks, untrained teachers and poor examination system are some of the main causes for deteriorating education standard particularly in Science subjects and Mathematics...

Public holiday on February 5.
February 1, 2007... (From Business Recorder) The government has announced public holiday on the occasion of Kashmir Solidarity Day on February 5 (Monday). According to a notification issued by Interior Division here on Wednesday, one-minute silence would be...

Upcoming National Assembly session to discuss vital issues.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT National Assembly Speaker, Chaudhry Amir Hussain has said that vital issues will be discussed in upcoming session of the parliament, scheduled to be held on February 6. Talking to...

Bomb blasts designed to create fear: Durrani.
February 1, 2007... (From Business Recorder) Federal Minister for Information and Broadcasting Muhammad Ali Durrrani has said that recent bomb blasts in the country are designed to create fear and harassment among the people and affect peaceful atmosphere...

Five new cotton testing labourites to be set up.
February 1, 2007... (From Business Recorder) Byline: SAQIB FAROOQ Establishment of five cotton fibre testing laboratories, to cost Rs 68.862 million, has been approved by the Central Development Working Party (CDWP) of the Planning and Development...

Textile marketing strategy review today.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT To strengthen the position of textile industry and its competitiveness, the Textile Industry Ministry is holding a marketing strategy review meeting on textile industry to be presided...

Tourism minister visits Hinopak plant.
February 1, 2007... (From Business Recorder) The Federal Minister for Tourism, Nilofar Bakhtiar, visited Hinopak Motors Limited, the largest manufacturer of trucks and buses in Pakistan. Federal Minister said the government was concentrating more on...

Sindh chief secretary directs to check working of brick kilns.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Sindh Chief Secretary Fazlur Rehman has directed the management of labour, transport, industry, commerce department and Home department to evolve a system to check the working of...

Unemployment rate goes down: minister.
February 1, 2007... (From Business Recorder) Byline: ZIA M KHAN The government on Wednesday claimed that its pro-poor policies had generated five million job opportunities in the country during last two years to help reduce the unemployment rate from...

DuPont in partnership with UDL.
February 1, 2007... (From Business Recorder) DuPont Pakistan Operations (Pvt) Limited (DPOL) has entered in a strategic partnership with United Distributors Pakistan Limited (UDL) as its distributor for DuPont Crop Protection (DCP) business. Under this...

Hashoo Group to pay guard's widow salary.
February 1, 2007... (From Business Recorder) Hashoo Group in recognition of the outstanding bravery displayed by Security Guard Tariq Mahmood, who sacrificed his life by stopping the suicide bomber entering into property and in process gave his life as...

Sindh University vice chancellor urges promotion of girls' education.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Vice Chancellor University of Sindh Mazharul Haq Siddiqui has urged upon the society to pay attention and play positive role in girls education in Sindh. He was speaking on the...

Linkage between MUET, Nottingham university approved.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Higher Education Commission (HEC) has approved the proposal of linkage between Mining Engineering Department of Mehran University of Engineering and Technology (MUET), Jamshoro and...

Final Examinations Winter 2006 Award of Medals.
February 1, 2007... (From Business Recorder) While considering the grant of medals, the Council of the Institute of Chartered Accountants of Pakistan has awarded the following Gold Medals to candidates showing outstanding performance in the Final...

Only eight LL and WLM operators begin services so far.
February 1, 2007... (From Business Recorder) Byline: JAVED MIRZA Out of the 36 Local Loop (LL), 17 Wireless Local Loop-Limited Mobility (WLM) and 12 Long Distance and International (LDI) licenses issued in July 2004, so far in the fixed line segment,...

'Suicide attack' on minister surprises people.
February 1, 2007... (From Business Recorder) Byline: ABDUL QADOOS The provincial metropolis was ripe with rumours on Wednesday of 'suicide attack' on Federal Minister for Political Affairs, Engineer Amir Muqaam a close confidant of President Pervez...

10 percent raise in stipend of under-training nurses approved.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT NWFP Chief Minister Akram Khan Durrani has approved a 10 percent annual raise in the stipend of under-training nurses all over the province, which would be equalised to their basic...

No transit facility to India sans disputes' resolution: foreign office.
February 1, 2007... (From Business Recorder) Byline: M RAFIQ GORAYA Pakistan would not provide land route transit trade facility to India without resolution of disputes between the two countries, Foreign Office Spokesperson Tasneem Aslam said here on...

President greets Indian leaders on way to Jakarta.
February 1, 2007... (From Business Recorder) President General Pervez Musharraf on Tuesday greeted Indian leaders and said that he hoped that the peace process between Pakistan and India would move forward for lasting peace in the region. The President,...

Bilour nominated Saarc Chamber member.
February 1, 2007... (From Business Recorder) The President Saarc Chamber Dasho Ugen Tsechup Dorji has co-opted senator Ilyas Ahmad Bilour as member executive committee of the Saarc Chamber. Senator Ilyas Ahmad Bilour is a renowned businessman from NWFP. He...

Claims: FTO for quick verification.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Federal Tax Ombudsman (FTO) Justice Munir A. Sheikh (Retd) has asked the Central Board of Revenue (CBR) to expedite the verification of payments/deductions relating to tax years...

Red notices issued for arrest of three accused.
February 1, 2007... (From Business Recorder) The Capital police had issued red notices for arrest of Muhammad Ramzan, Mrs Kehkshan Ramzan and Abdul Hafeez Sheikh in Margalla Towers case, DIG Islamabad Shahid Nadeem Baloch informed the Supreme Court on...

Chinese commodities exposition to open on July 24.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT A four-day 'Chinese Export Commodities Exhibition' would be held in Lahore from July 24 to 28; some 200 kinds of commodities in over 20 categories would be placed in the exhibition...

ECC may approve long-term auto policy today: penalty on lagging in indigenisation proposed.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Economic Co-ordination Committee (ECC) of the Cabinet in its meeting on Thursday is likely to approve a long-term auto policy which would empower the Industries Ministry to impose...

Arbab orders probe into stone pelting on procession.
February 1, 2007... (From Business Recorder) Sindh Chief Minister Dr Arbab Ghulam Rahim on Tuesday ordered an inquiry into the incident of stone pelting on Ashura procession in Shikarpur. Taking notice of the stone pelting by the miscreants at the Ashura...

Held man has links with terrorists: Ibad.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT Sindh Governor Dr Ishratul Ibad Khan has said that the suspects detained on Tuesday during search operations against terrorists have links with banned religious outfits and Jehadi...

Law to stop illegal sale of human organs soon.
February 1, 2007... (From Business Recorder) Deputy Attorney General of Pakistan has informed the Supreme Court that the Government has prepared a draft ordinance on "Transplantation of Human Organs and Tissue Ordinance, 2007" and it is soon likely to be...

Abolition of power subsidy denied.
February 1, 2007... (From Business Recorder) Balochistan government has strongly denied the news published in a section of press about abolition of the electricity subsidy on agricultural tube wells. A press release of irrigation and power department...

5200 watercourses improved up to December 31.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Ministry of Food, Agriculture and Livestock (Minfal), under the National Programme for Improvement of Watercourses (NPIW), has improved 5,200 watercourses against the target of...

Prices' control of essential items: city government proves unequal to task.
February 1, 2007... (From Business Recorder) Byline: ANWAR KHAN During the January - the first month of the current year 2007, prices of six essential kitchen items have soared, those of four others declined while 21 items' prices remained stagnant,...

Kitchen items' supply normalises.
February 1, 2007... (From Business Recorder) The supply position of onions, garlics, tomatoes and various condiments used in making of Haleem and 'Khichra' has improved on Wednesday in the city markets and prices also have came down. This was because of the...

Sketch of Islamabad suicide bomber issued.
February 1, 2007... (From Business Recorder) Police on Wednesday prepared a sketch (re-constructed face) of the suicide bomber involved in explosion outside the Marriott Hotel here on January 26. According to police, a case has also been registered at PS...

Country losing $2.5 billion annually to inefficient road freight industry.
February 1, 2007... (From Business Recorder) Byline: MASROOR AFZAL PASHA The inefficiencies of country''s road freight industry are costing roughly Rs 150 billion, or $2.5 billion, annually to the national exchequer. The present industry structure...

POL prices kept unchanged.
February 1, 2007... (From Business Recorder) Byline: MONITORING DESK The Oil and Gas Regulatory Authority (Ogra) on Wednesday announced that the prices of petroleum products for next fortnight effective February 1, 2007, would remain unchanged,...

India repairing Munabao rail track.
February 1, 2007... (From Business Recorder) The Indian railway is repairing flood-damaged tracks for resumption of Thar Express train to Pakistan, Indian Zee channel reported on Wednesday. The report said the train service between Munabao in Indian...

Two civilians killed in mortar attack.
February 1, 2007... (From Business Recorder) Byline: MONITORING DESK Two civilians were killed and one was injured in a mortar shell attack at Gunjan Killay in Hungo District, NWFP, a police official said on Wednesday, according to private TV channel....

Pakistan keen to meet energy demand: Prime Minister.
February 1, 2007... (From Business Recorder) The Prime Minister Shaukat Aziz said that Pakistan is focusing on all conventional and alternative sources of energy to sustain the momentum of its economic growth, which has ranged between 7 to 8 per cent in...

24-hour cargo clearance from today.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Central Board of Revenue (CBR) is ready to launch a new cargo clearance system from February 1, 2007 for clearance of import/export consignments on-24 hours basis seven days a week...

Service group politics may derail revenue collection.
February 1, 2007... (From Business Recorder) Byline: IQBAL MIRZA The ''Service group politics'', which appear to have afflicted the Large Taxpayers Unit (LTU) at Karachi may derail revenue collection process much to the discomfiture of the Central...

ISE index up 58.06 points.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT Major players and retail investors injected fresh investment in hot favourites at the Islamabad Stock Exchange (ISE) where bulls commanded the proceedings amid increase in index....

Bullish trend prevails on LSE.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT Bullish trend prevailed at Lahore Stock Exchange (LSE) on Wednesday where equities registered gains mainly on account of fresh buying in select scrips. The LSE-25 index improved by...

Shaukat reviews law and order situation.
February 1, 2007... (From Business Recorder) Prime Minister Shaukat Aziz on Wednesday chaired a high level meeting and reviewed the overall law and order situation and progress made into the investigations of incidents of terrorism that have taken place in...

July-January revenue target surpassed: Rs 457.5 billion collected.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Central Board of Revenue (CBR) has collected Rs 457.5 billion in July-January 2006-2007 against Rs 369.8 billion in the corresponding period last fiscal, denoting an increase of...

BRIndex30 gains 165.11 points.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT On Wednesday, BRIndex30 opened in the green zone at 11,929.56 and remained there for the whole trading time. It closed at 12,094.67 with a net positive change of 165.11 and percentage...

Bulls rule the roost on stock market.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The might of bulls at the share market remained unchallenged on Wednesday and KSE-100 index succeeded in breaching the 11,200 mark. After opening around 65 points higher, the index...

Deregulation policy backfire: life saving drugs 4-12 times costlier than India: WHO.
February 1, 2007... (From Business Recorder) Byline: ARIF RANA The prices of life saving drugs in Pakistan are 400 to 1200 percent higher than India, and its root cause is the deregulation policy introduced by the government in 1993, says the World...

Independent legal advisor to prepare new proposals: CBR rejects FBR law draft.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Central Board of Revenue (CBR) has rejected the draft of the Federal Board of Revenue (FBR) law, prepared by its 'Legal Wing', and has requested an independent legal advisor for...

ECC may induct 300 MW power to Wapda system: KESC refuses to buy from IPPs.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Economic Coordination Committee (ECC) of the cabinet is likely to approve relocation of two Independent Power Producers (IPPs) of 300 MW capacity in Wapda system as Karachi...

Hydropower IPPs asked to get registered as companies in AJK.
February 1, 2007... (From Business Recorder) Byline: SOHAIL SARFRAZ The Central Board of Revenue (CBR) has asked the new hydropower projects/independent power producers (IPPs) in Azad Jammu and Kashmir (AJK) to get registered ''''as companies'''' with...

Commodity exchange to start operation from February 7.
February 1, 2007... (From Business Recorder) Byline: RIZWAN BHATTI Country''s first National Commodity Exchange Limited (NCEL) will start operation from February 7, and gold has been selected as first commodity to be traded on the board, sources said...

SECP notice to brokers for ignoring regulation.
February 1, 2007... (From Business Recorder) Byline: RECORDER REPORT The Securities and Exchange Commission of Pakistan (SECP) has issued show cause notices to brokerage firms under investigation in connection with March 2005 crisis for failure to...