Business Recorder articles from January 2007

Business Recorder archives from January 2007

Profit and Loss Sharing Investment Bank Accounts (July to December 2006).
January 29, 2007... (From Business Recorder) Byline: RECORDER REPORT ======================================================================================================================== ==== Return on pls investments ...

Your rupee last week.
January 29, 2007... (From Business Recorder) ======================================================================================================== T T & O D SELLING AUTHORIZED DEALERS...

KKI weekly market review.
January 29, 2007... (From Business Recorder) Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (January 28, 2007). RUPEE/US DOLLAR: Rupee shed significant grounds against dollar in the open market this week amid dollar's strong...

Aaj TV - Monday's schedule.
January 29, 2007... (From Business Recorder) Byline: RECORDER REPORT All timings are in PST (Pakistan Standard Time). 06:30 Tilawat 06:55 News Bulletin 07:30 Soz Marsia/ Jaannisaran-E-Hussain 07:55 Headline News 08:00 Shoday-E-Karbala Ko Salam...

Discipline your eating habits for healthy life.
January 29, 2007... (From Business Recorder) Byline: WIRASAT HUSNAIN "More die in the United States of too much food than of too little". John Kenneth Galbraith Canadian-born US economist. Galbraith seems right, as the same phenomenon is likely to take...

Migraine spreading fast.
January 29, 2007... (From Business Recorder) A renowned Professor Hussain has said that Migraine, a disease that causes pain in half of the brain, has been spreading fast in the world and one of every 10 persons is affected by it. He said this while...

Clues to human kindness.
January 29, 2007... (From Business Recorder) People may not perform selfless acts just for an emotional reward, a new brain study suggests. Instead, they may do good because they're acutely tuned into the needs and actions of others. Scientists say a piece...

HEALTH UPDATE: chlorinated water ups cancer risk.
January 29, 2007... (From Business Recorder) People who drink or bathe, shower and swim in chlorinated water may be at increased risk for bladder cancer, says a Spanish study in the American Journal of Epidemiology. The researchers compared 1200 people...

Changing public transport culture must to improve Karachi environment.
January 29, 2007... (From Business Recorder) The shabby, worn-out and undisciplined road-based public transport system in Karachi is one of the main reasons behind increasing air and noise pollution. And it is generally felt that without changing the...

HEALTH UPDATE: low blood pressure linked to depression.
January 29, 2007... (From Business Recorder) People suffering from low blood pressure may be more at risk for problems with depression or anxiety, Norwegian researchers said. A study analysed health reports from North-Trondelag County from the 1990s and...

HEALTH UPDATE: pacifiers beneficial for baby teeth if used correctly.
January 29, 2007... (From Business Recorder) Pacifiers are often known for their potential to damage baby teeth, but they do have some benefits. Past the age of two, pacifiers can begin to disrupt the development of dental structures, causing the teeth to...

HEALTH UPDATE: caffeine 'may ease muscle pain'.
January 29, 2007... (From Business Recorder) Morning cup of coffee may be an antidote to post-exercise muscle soreness, research suggests. In a small study of female college students, researchers found that a caffeine supplement seemed to lessen the...

IBA all set to meet demand of trained manpower for trade, commerce and industry.
January 29, 2007... (From Business Recorder) Byline: WIRASAT HUSNAIN At least there is one academic who could dare speak against the decision of the federal cabinet to do away with the ten percent seats reserved for making selection and appointment in...

NGOs to help government manage processions: adviser.
January 29, 2007... (From Business Recorder) Adviser to Chief Minister and Chairperson Social Services Board Punjab Mrs. Saba Sadiq has said that in Ashura processions on 9th and 10th Muharram, groups of non-governmental organisations (NGOs) would help in...

Fisheries institute to be upgraded.
January 29, 2007... (From Business Recorder) Fisheries department Punjab launched a scheme to upgrade the Research and Training Institute Manawan to provide modern research facilities to stakeholders. An amount of Rs 27.19 million would be spent on...

PMDC registration urged for medical practice.
January 29, 2007... (From Business Recorder) The three-day World Health Update on Sunday concluded here with the Karachi Health Declaration, in which health experts recommended that medical and dental practitioners and specialists should be stopped from...

Basho project to meet Northern Areas' power needs.
January 29, 2007... (From Business Recorder) The federal government has planned to build Basho Hydropower Project in Northern Area which will produce 28 MW electricity to cater for power needs besides store water for irrigation purposes. The Wapda after...

AIOU workshop to start from February 6.
January 29, 2007... (From Business Recorder) Being the national holiday Kashmir Day on February 5, MA (TEFL) thesis-560 workshop of the Allama Iqbal Open University will now start from February 6 at the main campus of the university and would be continued...

Operation against illegal buildings starts.
January 29, 2007... (From Business Recorder) Rawal Town Administration (RDA) has started a grand operation against illegally established buildings encroached upon the state land creating hurdles in smooth traffic flow in metropolis. In connection with...

Centre to monitor cellphone users movement.
January 29, 2007... (From Business Recorder) The federal government will keep a strict eye on mobile phone users after Islamabad and Peshawar blasts while law enforcement agencies have copied the data from mobile services providers. It is disclosed in a...

Media drive on population to cost Rs 450 million.
January 29, 2007... (From Business Recorder) The population welfare department will spend an amount of Rs 450 million on public awareness campaign regarding population planning. The amount will be spent through advertisements in print and electronic-media...

Kenya bars Somalis with patrols and spike strips.
January 29, 2007... (From Business Recorder) Byline: ULRIKE KOLTERMANN He heard the aeroplanes coming, Ali Burka tells Deutsche Presse-Agentur dpa in Liboi, a small village in Kenya near the Somali border. "There were several loud explosions," he says,...

President's policies.
January 29, 2007... (From Business Recorder) Byline: FAISAL KHATTAB (PESHAWAR) There is no doubt that President Musharraf has definitely developed support among the masses for himself. But it is difficult to tell that what their exact number is. This...

Get rid of Taliban.
January 29, 2007... (From Business Recorder) Byline: SHARJEEL ASHRAF (ABBOTTABAD) As long as Muslims are represented by organisations like al Qaeda and Taliban, they will be rightly regarded as terrorists all over the world. I am surprised that now...

Islamic banking in the United Kingdom-II.
January 29, 2007... (From Business Recorder) Byline: PROFESSOR RODNEY WILSON Islamic Home Finance and Current Accounts Offered by Conventional Banks It is a challenge for a new entrant such as the Islamic Bank of Britain to compete in a mature market...

Catching up with biotech farming.
January 29, 2007... (From Business Recorder) Speaking at a news conference, organised to elaborate on the benefits and scope of biotechnology, in Islamabad on Tuesday, Kausar Abdullah, Member, Planning Commission on Agriculture, is reported to have given...

Pakistan's improved CPI ranking.
January 29, 2007... (From Business Recorder) There is a somewhat encouraging news on the corruption front, which has been the main focus of concern of the post-1999 dispensation in Pakistan. Transparency International (TI), on the basis of its...

Release of Baloch leaders demanded.
January 29, 2007... (From Business Recorder) Condemning what it said the ongoing state repression against political workers in Balochistan, the Balochistan Solidarity Front (BSF) on Sunday demanded immediate release of Akhtar Mengal, Rauf Mengal and...

Fair weather with cool night forecast.
January 29, 2007... (From Business Recorder) The Met Office has forecast fair weather with cool night for Karachi today with minimum temperature in range 13-15 degree centigrade. Cold and dry weather is forecast for Hyderabad, Mirpurkhas, Sukkur and Larkana...

University of Karachi announces holidays.
January 29, 2007... (From Business Recorder) The University of Karachi has announced two-day holiday on account of 9th and 10th Muharram falling on January 29 and 30. In a notification issued here on Saturday stated that the University of Karachi and its...

Islami Jamiat Tulaba holds demonstration against attack.
January 29, 2007... (From Business Recorder) A large number of Islami Jamiat Tulaba (IJT) activists held a protest demonstration here on Sunday outside the Farooq-e-Azam Mosque against an attack on the Dawood College of Engineering and Technology (DCET)...

PML-N to hold Kashmir rally on February 5.
January 29, 2007... (From Business Recorder) Pakistan Muslim League (Nawaz), federal capital chapter would hold Kashmir Solidarity rally on February 5, in order to express unity with the people of Kashmir. In a statement, the PML-N's federal capital...

PML-N demands action against generals.
January 29, 2007... (From Business Recorder) Byline: RECORDER REPORT Pakistan Muslim League-Nawaz (PML-N) leaders Begum Memona Hashmi, MNA, Rana Mehmood-ul-Hassan, MNA, PPP leader Begum Nasim Chaudhry, MNA, Malik Liaquat Ali Dogar, MNA said that action...

Solid steps needed to stabilise prices of daily-use items.
January 29, 2007... (From Business Recorder) Solid and concrete steps against profiteers and hoarders, besides improving supply mechanism of daily-use commodities through utility stores, Bachat bazaars and more Sabzi Mandis is a must to stabilise prices of...

Sindh government promotions notified.
January 29, 2007... (From Business Recorder) The Sindh government promoted a number of assistant directors in various departments to the post of deputy director/deputy district officer/district officers. According to a notification issued here on...

Violence against journalists slammed.
January 29, 2007... (From Business Recorder) President Muttahida Majlis-e-Amal (MMA) Sindh Asadullah Bhutto has criticised the government for failing to protect lives and property of the people, especially journalists and demanded immediate arrest of the...

Business community urged to make products more competitive.
January 29, 2007... (From Business Recorder) "China considers Pakistan's interest and benefits very close to its heart and is committed to making Pakistan strong and prosperous. There is lot of potential in Pakistan and it is our aim to double bilateral...

Public transport culture needs overhauling.
January 29, 2007... (From Business Recorder) Only population and area do not make urban cities, but rules, laws and discipline that make cities true metropolises. The first visible sign of discipline and rule in any city could be seen on its streets and...

'Sindh Assembly comes up with impressive performance'.
January 29, 2007... (From Business Recorder) Sindh Assembly has come up with an impressive performance and effected a record legislation. This was stated by the Deputy Speaker of Sindh Assembly, Ms. Raheela Tiwana. She was speaking in the 'Bilmushafa'...

Sindh government to arrange dowry for poor girls: Ibad.
January 29, 2007... (From Business Recorder) Sindh Governor Dr Ishratul Ibad Khan said on Sunday measures would be taken to ensure that no parent would commit suicide due to lack of resources to arrange dowry to marry off his daughter. It is...

Proposal for workers' minimum wages finalised.
January 29, 2007... (From Business Recorder) The Minimum Wages Board, Government of Sindh has finalised the draft recommendations of minimum wages of workers. The Board has also invited objections and suggestions if any, from the quarters concerned. A...

Date extended.
January 29, 2007... (From Business Recorder) Due date of electricity bills falling on January 29, 2007 may be paid up to January 31, 2007 without late payment charges due to Youm-e-Ashura holidays, KESC spokesman announced here on Saturday. In this...

Rangers put on high alert for Ashura.
January 29, 2007... (From Business Recorder) Pakistan Rangers, Sindh, has been put on high alert to meet any eventuality on the eve of Ashura. A spokesman of Pakistan Rangers announced this in a statement here on Sunday. He said that in this regard a...

Government performance against terrorism unsatisfactory: Ahsan.
January 29, 2007... (From Business Recorder) Pakistan Muslim League (N) Information Secretary Ahsan Iqbal has described the present government performances against terrorism as insufficient and unsatisfactory. Talking to newsmen on Sunday, Ahsan Iqbal...

Benazir-Bush meeting to cast significant impact on Pakistan's politics: PPP.
January 29, 2007... (From Business Recorder) The secretary general of People's Party Parliamentarians (PPP) Raja Pervaiz Ashraf said on Sunday that the elections of president of Pakistan from the present assemblies would be violation of law and...

London APC to end rift among opposition parties: Nawaz.
January 29, 2007... (From Business Recorder) Former Prime Minister Nawaz Sharif has said that the London All Parties Conference (APC) would end differences and misunderstanding among all the political parties of the opposition. In an interview with a...

Population issues: Rs 40.5 million to be spent on public awareness.
January 29, 2007... (From Business Recorder) Population Welfare Department will spend Rs 40.5 million during the current financial year (2006-2007) on public awareness activities. The amount will be spent through advertisements in print and electronic...

PMI equipped with modern facilities.
January 29, 2007... (From Business Recorder) Byline: RECORDER REPORT The Postgraduate Medical Institute (PMI) has acquired modern facilities and progressing in the field of research owing to generous funding under the Chief Minister Health Programme....

Nine new universities to be set up: minister.
January 29, 2007... (From Business Recorder) Federal Minister for Manpower and Overseas Pakistanis Ghulam Sarwar Khan said that present government has increased the budget for the establishment of nine new universities with the cooperation of developed...

Blast proves government's failure: Qazi.
January 29, 2007... (From Business Recorder) President of Muttahida Majlis-e-Amal and Jamat-e-Islami Amir Qazi Hussain Ahmad has termed the Peshawar blast a target killing of police officials and an outcome of blind-folded pursuit of the US dictates by the...

Price fluctuations far, few during week.
January 29, 2007... (From Business Recorder) Byline: RECORDER REVIEW The commodity wholesale market depicted higher trend in certain items while generally they were seen fluctuating rarely during the week ended on January 27, 2007, where variation's...

Conference.
January 29, 2007... (From Business Recorder) Shahadat Imam Hussain (AS) conference would be held on Tuesday (Muharram 10) here at Aastana-e-Aaliya Qadirya, Hussaniya Sharif, Kahota road. The moot would be held under the auspices of International Muslim...

Punjab University exams in March.
January 29, 2007... (From Business Recorder) Byline: RECORDER REPORT Punjab University BA/BSc Annual examinations 2007 will start from March 12, 2007, said PU information received here on Sunday. About 175,000 candidates are expected to appear in the...

Admissions in archaeology.
January 29, 2007... (From Business Recorder) Byline: RECORDER REPORT Punjab University department of Archaeology, established two years ago, has shown performance and geared up to serve the purpose of archaeology, said Dr Farzand Masih, Chairman of the...

Prizes for players.
January 29, 2007... (From Business Recorder) Byline: RECORDER REPORT Prize distribution ceremony of two-day annual sports at Institute of Business Administration (IBA) held at the Institute on Sunday. Vice Chancellor Arshad Mahmood was the chief guest...

Journalists stage protest against police action.
January 29, 2007... (From Business Recorder) Byline: PEER MOHAMMAD Journalists on Sunday staged a protest in front of press club against the Islamabad Capital Territory police and administration for not taking action against the responsible police...

NCMC to monitor observance of Muharram.
January 29, 2007... (From Business Recorder) The National Crises Management Cell (NCMC) of the Ministry of Interior will monitor the observance of Muharram 9th and 10th throughout the country. A control room of the National Crises Management Cell (NCMC)...

Punjab government to introduce traffic warden system.
January 29, 2007... (From Business Recorder) Byline: ISHFAQULLAH SHAWL The Punjab government will introduce new warden system from September this year to streamline traffic system to avoid traffic violations and accidents. Traffic police in Rawalpindi...

Illegal constructions razed on Murree Road.
January 29, 2007... (From Business Recorder) On the special directives of Nazim Rawal Town, Shaikh Rashid Shafique, Rawal town administration on Sunday conducted an operation against illegal buildings and demolished the illegal constructions. Shehzad...

High alert in Abbottabad.
January 29, 2007... (From Business Recorder) Strict security measures have been adopted ahead of Ashura day in Abbottabad after the Peshawar blast. In this regard DIG Hazara region, Zulfiqar Cheema held an emergency meeting with DPOs of all the five...

Slow buying on cotton market.
January 29, 2007... (From Business Recorder) Byline: SHAFI AHMAD SYED Buying on cotton market was by all standard slow, ginners sparing no opportunity to raise asking prices and millers going slow to press them and add to ginners worries by looking...

Valuables and cash looted.
January 29, 2007... (From Business Recorder) Bandits in three separate dacoity incidents, looted cash and valuables amounting to Rs 836,000 here on Sunday. According to report, in first incident, four bandits looted a tractor valued of Rs 500,000 and cash...

No stage drama on cable TV till 13th Muharram.
January 29, 2007... (From Business Recorder) Byline: RECORDER REPORT No cable operator will be allowed to broadcast stage drama or dances till 13th of Muharram. District Coordination Officer Multan Iftikhar Babur informed this in a meeting with a...

Security plan being fully implemented.
January 29, 2007... (From Business Recorder) Punjab government's instructions regarding strict enforcement of Muharram security plan, are being implemented in letter and spirit with the collaboration of religious leaders elected representatives, district...

District accounts offices to be computerised across Sindh: Accountant General.
January 29, 2007... (From Business Recorder) District Accounts Offices across the province will be computerised which will enable quick disbursement of salaries to the employees. This was stated by Accountant General Sindh, Zulfiqar Ali Qadri while talking...

Rs 122 million being spent on various uplift schemes.
January 29, 2007... (From Business Recorder) A sum of Rs 122 million are being spent on various uplift schemes including farm-to-market roads and provision of sui gas facility in NA-143 (Okara-I) during current fiscal year. Federal parliamentary...

Four killed in road accidents.
January 29, 2007... (From Business Recorder) Four persons were killed and 14 injured on Sunday in different road accident occurred due to fog. According to police, in first road mishap on Sumundri Road a motorcyclist was killed when his two-wheeler hit a...

Emergency declared in DHQ, THQ hospitals.
January 29, 2007... (From Business Recorder) Punjab government after bomb explosions in Islamabad and Peshawar has imposed an emergency in the DHQ and THQ hospitals of the province. The leaves of the medical superintendents, doctors and all the staff...

Islam rejects terrorism in all forms: minister.
January 29, 2007... (From Business Recorder) Federal Minister for Political Affairs Engineer Amir Muqam has said that Islam does not allow anyone to inflict harm upon innocent lives and the government is working on the same lines to protect the citizens...

National Assembly speaker condemns Peshawar blast.
January 29, 2007... (From Business Recorder) Byline: RECORDER REPORT National Assembly Speaker, Chaudhry Amir Hussain has condemned the Peshawar bomb blast incident and termed it an inhuman act against the mankind and expressed full sympathises with the...

'Awareness essential for health protection'.
January 29, 2007... (From Business Recorder) Malik Mohammad Nawaz, the acting Prime Minister of Azad Jammu Kashmir said that awareness programs about health should continue to protect masses from various diseases. He said it is not only the duty of the...

Mushahid stresses on efforts to root out terrorism, extremism.
January 29, 2007... (From Business Recorder) Senator Mushahid Hussain Sayed said on Saturday that Pakistan is resolute in its commitment to fight against terrorism and its consistent actions against terrorists over last several years clearly reflect that it...

'Socioeconomic conditions of common man to be improved'.
January 29, 2007... (From Business Recorder) Federal Minister for Water and Power Liaquat Ali Khan Jatoi has said that government is carrying out record development programmes across the country to uplift the infrastructure and improve the socio-economic...

Government committed to protecting people's lives, properties: Aurakzai.
January 29, 2007... (From Business Recorder) Byline: RECORDER REPORT The NWFP Governor, Lieutenant General Ali Muhammad Jan Aurakzai (Retd) has paid rich tributes to the martyrs of Saturday's incident that left 12 dead and 21 injured, most of them...

World Bank approves $45.65 million credit for Pakistan.
January 29, 2007... (From Business Recorder) The World Bank has approved $ 45.65 million credit for the Pakistan to improve land records service delivery, contributing to long-lasting tenure security and more efficient operation of land markets in the...

Durrani pays tribute to police officials.
January 29, 2007... (From Business Recorder) Federal Minister for Information and Broadcasting Muhammad Ali Durrani has paid tribute to police officials for averting massive loss of life in Peshawar blast. Talking to private TV channel, he said, senior...

Pakistan moving in right direction, says Mirwaiz.
January 29, 2007... (From Business Recorder) Chairman APHC Mirwaiz Omar Farooq has said that Pakistan was moving in the right direction on Kashmir. After having consultation with the Kashmiri leadership, he said pressure would further mount on Indian...

Prime Minister hails Aga Khan Foundation's investments.
January 29, 2007... (From Business Recorder) Prime Minister Shaukat Aziz on Sunday said Pakistan attaches greet importance to the investment made by Aga Khan Foundation in Pakistan in various sectors including tourism, banking and services. The Prime...

Pak foreign policy aims at promoting peace: Kasuri.
January 29, 2007... (From Business Recorder) Foreign Minister Khurshid Mahmood Kasuri has said that Pakistan's foreign policy is aimed at promoting peace and security at the regional and global level. He was addressing as chief guest at a seminar on...

Heavy fog affects flight operations.
January 29, 2007... (From Business Recorder) Heavy fog has badly affected the normal operations at the Lahore airport delaying several flights and resulting a loud protest by large number of passengers who were held up at the airport because of the delay in...

PPP rejects Palijo's allegation.
January 29, 2007... (From Business Recorder) Pakistan People's Party Parliamentarian (PPPP) Sindh President Syed Qaim Ali Shah, Aga Siraj Durrani and Abdul Salam Thahim have refuted the statement of Awami Tehreek chief Rasool Bux Palijo, in which he said...

Security beefed up in Karachi.
January 29, 2007... (From Business Recorder) Adviser to Sindh chief minister for Home, Wasim Akhtar visited Kharadar, Nishter Park, Ancholi and other areas here on Sunday and reviewed security steps for 9th and 10th of Moharram. He also had detailed...

Two-day ban on pillion riding in Lahore.
January 29, 2007... (From Business Recorder) District Nazim Mian Amir Mehmood has imposed a two-day ban on pillion riding in the limits of Lahore district from Monday. The CDGL spokesman told APP by telephone here on Sunday that decision to this effect was...

Pakistan fifth in GCI ranking: HBS.
January 29, 2007... (From Business Recorder) Pakistan has been included in the top five countries of the world in terms of competitiveness by securing twenty positions ahead against the last year''s General Competitive Index (GCI) ranking. Professor Michael...