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Business Recorder articles from June 2010, page 6

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Business Recorder archives from June 2010

SIUT, TSP organise conference for establishing DDTP.
June 27, 2010... Byline: RECORDER REPORT Sindh Institute of Urology and Transplantation (SIUT) and Transplantation Society of Pakistan (TSP) organised a joint conference of medical societies and hospitals for establishment of "Deceased Donor Transplantation...

300 Sasti Roti Dastarkhans to be set up by August.
June 27, 2010... Byline: RECORDER REPORT Chief Minister Punjab Muhammad Shahbaz Sharif said that provision of Sasti Roti and Sasti Curry (Salan) on 'Sasti Roti Dastarkhans', with the co-operation of well-to-do people in the province is the next step of our...

PCG destroys huge quantity of illicit drugs.
June 27, 2010... Pakistan Coast Guards (PCG) destroyed a huge quantity of hashish, betel nuts, pan rasna at Pakistan Coast Guards to mark International Anti Narcotics Day on Saturday. Addressing the ceremony, Lieutenant Colonel Aimal Khan highlighted that...

Indus in low flood at Tarbela, Kabul in medium flood at Nowshera.
June 27, 2010... Byline: M RAFIQUE GORAYA Mighty Indus river is in low flood at Tarbela with a discharge of 2,51,000 cusecs and river Kabul in medium flood at Nowshera with a discharge of 72000 cusecs water. Flood Warning Centre (FWC) said here on Saturday....

Government to give Rs two billion subsidy on solar energy tube wells.
June 27, 2010... Byline: RECORDER REPORT Senior Advisor to Chief Minister Punjab Sardar Zulfiqar Ali Khan Khosa has said that provincial government will give subsidy of Rs 2 billion on solar energy tube wells, wherein preference will be given to farmers of...

Global day against drug abuse, trafficking observed.
June 27, 2010... Byline: MUHAMMAD SALEEM Pakistan Saturday joined the world in observing the international day against "Drug Abuse and Illicit Trafficking", with renewed pledge to fight against narcotics and create greater awareness about the menace of drug....

Clashes kill two soldiers, 10 militants.
June 27, 2010... At least two soldiers and 10 militants were killed in combat on Saturday in tribal areas, security officials said. The first clash occurred at a military checkpoint at Koda Khel in Bai Zai area of Mohmand, one of the seven tribal districts. ...

Irregularities detected in process: Sindh government to probe into distribution of land to farmers.
June 27, 2010... Byline: AFTAB CHANNA The Sindh government will initiate inquiry into the alleged irregularities in distribution of agricultural land to landless Haris (farmers), Business Recorder learnt on Saturday. According to sources, Sindh Revenue...

Speakers call for evolving special drug prevention programmes.
June 27, 2010... Byline: RECORDER REPORT Speakers at different functions held to mark the "International Day against Drug Abuse and Illicit Trafficking" have called for chalking out special drug prevention programmes to prevent the younger generation from...

All D&SJs intimated about NJC decisions.
June 27, 2010... Byline: RECORDER REPORT Registrar Lahore High Court has sent a circular to all district and sessions judges and informed them about the decision of National Judicial (Policy Making) Committee (NJC) extending the deadline for disposal of old...

Omani authorities seize Pakistani fishing boat.
June 27, 2010... Byline: ANWAR KHAN Omani authorities seized a Pakistan fishing boat in its territorial waters near coast of Muscat about two months ago, according to the boat owner. Mama Arsala Khan Niazi, who said, Omani authorities arrested his large size...

Counter terrorism: Prime Minister welcomes adoption of Islamabad declaration.
June 27, 2010... Prime Minister Syed Yousuf Raza Gilani has welcomed adoption of Islamabad declaration on countering terrorism by the Saarc Home/Interior Ministers on Saturday. He stated that militancy could be eradicated best by establishing transnational...

'US to help Pakistani women entrepreneurs get international buyers'.
June 27, 2010... It was a fusion of the East and West as Pakistani women business owners gathered for the "Pakistan Handmade", a US sponsored international fashion show and trade exhibition designed to help Pakistani artisans reach Western markets. The...

Islamic economic system ensures income distribution, poverty alleviation: Dr Ishrat.
June 27, 2010... Byline: RECORDER REPORT Dr Ishrat Hussain, Dean Institute of Business Administration and former Governor of the State Bank on Saturday said Islamisation of the economic system, if adopted and practised in its true form, at any time in the...

LHC stays acquisition of private lands for road project.
June 27, 2010... Byline: RECORDER REPORT The Lahore High Court (LHC) on Saturday stayed acquisition of private lands for construction of a 60-foot metal road to facilitate Raiwind campus of a private university and sought replies from the respondents. The...

Road restored to original design: LDA reclaims possession of public utility site.
June 27, 2010... Byline: RECORDER REPORT Staff of the Lahore Development Authority (LDA) has reclaimed possession of a public utility site in Liberty Market of Gulberg area besides removing hurdles in the free movement by pedestrians as well as smooth flow of...

Power supply improves.
June 27, 2010... Byline: RECORDER REPORT Power supply regained strength with drop in mercury during last 24 hours. Total shortfall dwindled to 920MW with a demand of 14,557MW against generation of 13,637MW. Supply to KESC was recorded at 680MW. Power...

Son being implicated in Liberty Plaza case: Shafaat.
June 27, 2010... Byline: RECORDER REPORT Former District Nazim Gujrat and PML-Q leader Chaudhry Shafaat Hussein on Friday said his son was being implicated in Liberty Plaza case on political grounds as he was not present at the site on Thursday night, when...

Four killed in bikes-trailer collision.
June 27, 2010... Four persons riding two motorbikes were killed in a road accident near Kot Radha Kashan on Chhanga Manga Road on Saturday morning. According to police, Yasir Ali, Gulab Din, Munawar Hussain and Rehmat Ali were going to Chhanga Manga on two...

Rs 193.5 billion allocated to ADP in Punjab: minister.
June 27, 2010... Byline: RECORDER REPORT Finance Minister of Punjab Tanvir Ashraf Kaira has said that Punjab government has allocated Rs 193.5 billion under Annual Development Programme (ADP) for FY 2010-11, which is a record allocation for development in the...

Rs 32.885 billion earmarked for new roads in Punjab.
June 27, 2010... Byline: MUHAMMAD RIAZ To deal with passengers and freight traffic demand for roads, the Punjab government has allocated Rs 32.885 billion, the amount shows an increase of over 15 percent in the provincial budget 2010-11. The passengers and...

Clinton likely to give go-ahead to ROZs agreement.
June 27, 2010... Byline: HAMID WALEED US Secretary of State Hillary Clinton is likely to give go-ahead to the Reconstruction Opportunity Zones (ROZs) agreement during her upcoming visit to Pakistan. Clinton will visit Pakistan in July for a second session of...

GCU contributes first 'digital book' to WDL.
June 27, 2010... Byline: RECORDER REPORT The Government College University Lahore Library Saturday contributed the first ever digital book from Pakistan to the electronic catalogue of "World Digital Library" (WDL), a co-operative project of Library of...

ORA accused of exploiting GCU name.
June 27, 2010... Byline: RECORDER REPORT The Old Ravians Association (ORA) is alien to the Government College University Lahore and exploiting its name and emblem for personal, social and financial interests, said the Old Ravians Union (ORU) spokesman while...

Contempt petition against Babar Awan: Chief Justice LHC constitutes larger bench.
June 27, 2010... Byline: RECORDER REPORT The Chief Justice Lahore High Court constituted a five-member bench of LHC who will take up a contempt of court petition against federal law minister Babar Awan on July 07 next along with petitions against President...

Cracker blasts occurred at CD shops.
June 27, 2010... Byline: RECORDER REPORT Terror gripped the city when two cracker blasts occurred in CD shops in and out side Zaitoon Palaza Hall Road on Saturday evening. The Hall Road market was closed immediately after the blasts and injured persons were...

Multan businessmen, traders criticise trains' suspension.
June 27, 2010... Byline: RECORDER REPORT Multan Chamber of Commerce and Industry (MCCI), trade organisations, Chamber of Small Traders (CST), PCGA, APBUMA and Industrial Estate Enterprise Association have strongly reacted on the suspension of a number of...

Light engineering cluster development centre set up in Multan.
June 27, 2010... Byline: RECORDER REPORT The President of Multan Chamber of Commerce & Industry (MCCI), Asrar Ahmed Awan, said here on Saturday that a cluster development centre (CDC) has been developed of light engineering project for geographical...

Chief Justice LHC sets up 10 DBs, 22 SBs.
June 27, 2010... Byline: RECORDER REPORT Chief Justice Lahore High Court (LHC) Khawaja Muhammad Sharif here on Saturday constituted ten division benches (DBs) and twenty-two single benches (SBs) for the disposal of the cases pending with principal seat of the...

Prime Minister lauds women's participation in budget session.
June 27, 2010... The Prime Minister Syed Yousuf Raza Gilani has said that the role played by women parliamentarians during the budget session was indeed laudable. The valuable suggestions given by them, he added, showed their political maturity and concern for...

'Budget to lend support to socio-economic programmes'.
June 27, 2010... Prime Minister Yousuf Raza Gilani said the passage of budget 2010-11 would lend support to the government's ongoing socio-economic programmes as well as it would provide space for desired reforms. He congratulated the members of his economic...

Bijarani greets PSM's Peoples Workers Union.
June 27, 2010... Minister for Industries and Production Mir Hazar Khan Bijirani warmly felicitated the Peoples Workers Union (CBA) of Pakistan Steel Mills (PSM) on winning referendum. In his message of felicitation to the newly elected Chairman of the Union...

Prime Minister to hold monthly meeting with coalition partners: meets Fazlur Rehman.
June 27, 2010... Byline: NAVEED BUTT Prime Minister Syed Yousuf Raza Gilani has said that he would hold monthly meeting with the coalition partners to creating better working relationship to move forward smoothly. The Prime Minister said this while talking to...

Government to support media efforts for awareness of pregnancy-related issues.
June 27, 2010... Byline: RECORDER REPORT In a dramatic gesture, the federal government has announced to support media efforts to promote public awareness about steps that can save the thousands of women that die in Pakistan each year due to pregnancy-related...

ANF burns 95,000kg of drugs.
June 27, 2010... To commemorate the international day against drug abuse and illicit trafficking, a 'drug-burning ceremony' of Anti Narcotics Force (ANF) was held at Garden City Phase 7, Bahria Town, Rawalpindi. On this occasion, approximately 95,000 kg of...

International Day against Drug Abuse: Customs sets ablaze massive quantity of illicit drugs.
June 27, 2010... Model Customs Collectorate, Rawalpindi, marked the International Drugs Day on Saturday by setting ablaze a massive quantity of illicit drugs at a place near Karal along the Islamabad Highway. Narcotics seized by Model Customs Collectorate and...

All -round increase in daily use items' prices seen through June.
June 27, 2010... Byline: ABDUL RASHEED AZAD Traders have once again increased the prices of daily use items, especially pulses, in the market within a short span of time, a survey conducted by Business Recorder showed. For the second time in the month of...

Seminar on World Anti-Narcotics Day held.
June 27, 2010... Byline: RECORDER REPORT A seminar was organised in connection with World Anti-Narcotics Day at Peshawar Press Club (PPC) on Saturday. Regional Director, Anti-Narcotics Force (ANF), Major Azeem was the chief guest while Director General,...

'Prevailing situation maybe impetus for revolution'.
June 27, 2010... Member of the National Assembly and Chairman, Anti-Graft Caucus, Nawabzada Khwaja Mohammad Khan Hoti has said that flopped policies of the government, growing corruption, lawlessness, price-hike and unemployment would provide an impetus for...

Arrest of PMDC officials testify JMC's recognition scam.
June 27, 2010... Byline: RECORDER REPORT The arrest of the Assistant Registrar of Pakistan Medical and Dental Council, Mohammad Bashir, and inquiry of the anti-corruption department, Rawalpindi, against the Registrar, Dr Nadeem Akbar, in fake degree...

PEC becomes member of 'Washington Accord'.
June 27, 2010... Pakistan Engineering Council (PEC) has become a provisional member of the prestigious "Washington Accord", which would facilitate mobility of engineering graduates and professionals of Pakistan at the international level, said a press release...

Mobile health service to operate in tribal areas.
June 27, 2010... Mobile medical service will be operational in tribal areas of DG Khan district from next week. The Punjab government has sent four modern ambulances worth millions of rupees to DG Khan for the purpose, official sources said on Saturday. They...

Pak-China nuclear deal.
June 27, 2010... The Chinese plan to build two more power reactors, of 650-megawatt each, for energy-deficient Pakistan, has understandably prompted concern and debate in certain quarters. However, China, being a close and trusted friend of Pakistan, is...

The missing follow-up.
June 27, 2010... Last week's Taliban attack on the Goraparai checkpost on the Pak-Afghan border was massive, given the fact that the area had been declared as cleared of them and that such a large assault was ruled out. In the attack, six paramilitary soldiers...

Budget 2010-11: a review.
June 27, 2010... Federal Budget for fiscal year 2010-11 was the third annual budget presented by the Pakistan People's Party (PPP)-led coalition government after completing half of its tenure, the 7th NFC award and 18th constitutional Amendment that has...

Of Matt Waldman and Sunday Times.
June 27, 2010... Byline: ZAFAR IQBAL CHAUDHRY Pakistan is passing through testing times due to war on terror imposed by outsiders that has now penetrated on our soil. We need sincere friends at this juncture of our history. We have lost more lives in this war...

Ruhr valley seeks creative solutions to industrial demise.
June 27, 2010... Byline: HELEN MAGUIRE Germany's Ruhr valley, a dense conurbation bearing the scars of the country's former coal and steel production industry, is hoping to harness a year-long culture festival to transform itself into a creative hub. This...

Corruption and its consequences.
June 27, 2010... Byline: AGHA MUHAMMAD AJMAL (VIA EMAIL) Corruption is generally defined as the abuse of public office for private gain. This definition has been encaged because of the widened scope of corruption to cover the abuse of all offices of trust for...

Yousuf to appear in club tournament.
June 27, 2010... Former Pakistan captain Mohammad Yousuf is all set to appear in a local club tournament, this week called the Lahore Premier League for the first time since announcing his international retirement in March. Yousuf, who had announced his...

PCB to issue show-cause notice to Younis.
June 27, 2010... The Pakistan Cricket Board (PCB) is planning to send former skipper Younis Khan a fresh show-cause notice for alleged misconduct on the tour of Australia. PCB's legal adviser Tafazzul Rizvi has confirmed plans to send the notice to Younis and...

Kabaddi, Tug of War Championship: Pakistan Army, Karachi Zone win.
June 27, 2010... Byline: RECORDER REPORT Defending champions Mangla Zone outclassed Southern Command by significant margin of 37 points in Kabaddi and maintained their Pak Army Champions title for the year 2010, while Karachi Zone defeated Gujranwala Zone by...

Role of Sustainable Social Investments in KESC.
June 27, 2010... Byline: ZEHRA MEHDI ANEEK CSR has come a long way in Pakistan. From responsive activities to sustainable initiatives, corporates have clearly exhibited their ability to make a significant difference in the society and improve the overall...

Plastic mouldings mixed on Jodia Bazar.
June 27, 2010... Byline: RECORDER REPORT The trading in plastic moulding compounds closed mixed on Jodia Bazar here on Saturday. The following changes were noted. PLASTIC MOULDING COMPOUNDS (Per lb): HDPE (FILM): Saudia 952 closed higher by Rs 2.75 to Rs...

Prices steady despite growing arrivals on cotton market.
June 27, 2010... Byline: RECORDER REPORT Steady trend was seen on the cotton market on Saturday as mills were active in buying of new crop in anticipation of increase in the rates, dealers said. The Karachi Cotton Association (KCA) official spot rate was...

Oil cake market rates.
June 27, 2010... Byline: RECORDER REPORT Upward trend persisted on the forward cottonseed oilcake market on Saturday during the day, dealers said. The July contract that had closed at Rs 978.70 opened with 50 paisa gain at Rs 979.20, dealers said. The...

Prices shoot up on grain market as retailers start Ramazan buying.
June 27, 2010... Byline: RECORDER REPORT Bullish trend was witnessed on the wholesale grain and seeds markets on Saturday as the retailers were busy in forward buying ahead of Ramazan, dealers said. Many changes were seen on the cereal side, where moong Sindh...

Aaj TV - Sunday's schedule.
June 27, 2010... Byline: RECORDER REPORT 06:00 News Bulletin 06:25 Headline News 06:30 News Bulletin 06:55 Headline News 07:00 Aaj Ki Baat 07:25 Headline News 07:30 Aaj Ki Baat 07:55 News Bulletin 08:25 Headline News 08:30 News Bulletin 08:55 Headline News...

Currency values in terms of Special Drawing Rights.
June 27, 2010... Byline: RECORDER REPORT ====================================================================================== June 26, 2010 ====================================================================================== Currency units per SDR SDR...

World currencies and dollar.
June 27, 2010... Byline: RECORDER REPORT =========================================================== COUNTRY CURRENCY VALUE OF DOLLAR =========================================================== Afghanistan (Afghani) 45.5000 Albania (Lek) 110.555 Algeria...

Member to Member.
June 27, 2010... Byline: RECORDER REPORT ============================================================================== MEMBERS HAVE SUBSEQUENTLY REPORTED THE FOLLOWING TRANSACTIONS MEMBER TO...

Cross Transactions between Client to Client & Financial Institutions.
June 27, 2010... Byline: RECORDER REPORT ======================================================================= CROSS TRANSACTIONS BETWEEN CLIENT TO CLIENT & FINANCIAL...

World Shipping Schedule.
June 27, 2010... Byline: RECORDER REPORT =============================================================== SHIPS ETD AGENTS TO LOAD FOR =============================================================== TO LOAD FOR FAR EASTERN...

Automart: car prices in Karachi.
June 27, 2010... Byline: RECORDER REPORT ============================================================================ Prices Product Description Fully Standard A/C Loaded Model Model...

Iron, steel and other metal rates.
June 27, 2010... Byline: RECORDER REPORT ========================================================== PRIME AND EXPRIME G.P. COIL & SHEET CUTTING EX PRIME G.P....

Rates of Pipe Fittings.
June 27, 2010... Byline: RECORDER REPORT =============================== PIPE FITTING CHINA GALVANISED =============================== T G Brand =============================== TEE Rs ------------------------------- 1/2" 218.00 3/4" 325.00 1"...

Karachi tea rates.
June 27, 2010... Byline: RECORDER REPORT ======================================= TEA (PER KG) ======================================= KENYA --------------------------------------- PF-1 A Grade 390.00 B Grade 360.00 + C Grade 350.00 C Grade...

Milk powder rates.
June 27, 2010... Byline: RECORDER REPORT ======================================= MILK POWDER Skimmed (per bag of 25 kgs) ======================================= Irish skimmed 7500.00 Haleeb SMP 6500.00 Nur Pur 7100.00 Skim Pak 5400.00 Poland...

Raw rubber rates.
June 27, 2010... Byline: RECORDER REPORT ======================================= RAW RUBBER CEYLON (per lb) ======================================= Merryrub (Equv to RSS 3) 168.00 RSSV 168.00 Merryrub (Equv to Crape) 190.00 Pale Crape TPC3...

Jute goods rates.
June 27, 2010... Byline: RECORDER REPORT ======================================= JUTE GOODS TWINE (Per Kg) ======================================= 20x3 Brown 112.00 16x3 CRT/Indus 112.00 8x3 185.00 40x2 Brown...

Rates of spices and other allied commodities.
June 27, 2010... Byline: RECORDER REPORT ======================================= KIRANA ITEMS (Per 40 Kg) ======================================= White pepper 22000.00 Black pepper Singapore 13000.00 Black pepper Ceylon 12800.00 Black pepper Brazil...

Rates of dry fruit.
June 27, 2010... Byline: RECORDER REPORT ======================================= DRY FRUITS (Per 40 Kg) ======================================= Chaman Almond 4000.00 Almond (Girdi) 4100.00 Almond (Irani) 28000.00 Almond (USA) 20000/26000 Kaghzi Wahidi...

Karachi chemicals and dyes market rates.
June 27, 2010... Byline: RECORDER REPORT ======================================= DYES NAPHTHOLS CHINA (Per Pound) ======================================= As 100 pc 175.00 AS 80 pc 155.00 ASBS 100 pc 210.00 --------------------------------------- BASES...

Grain market rates.
June 27, 2010... Byline: RECORDER REPORT ======================================= CEREALS (Per 100 Kgs) ======================================= Makai 2250/2275 Moong Sindh 9000/- Moong Punjab 8000/- Masoor Canada 6800/- Masoor Dall 8000/- Urad Burma...

Karachi Plastic/Urea Moulding Compounds Rates.
June 27, 2010... Byline: RECORDER REPORT ======================================= HDPE (FILM) (Per lb) ======================================= Saudia 952 64.50 Mobil 64.00 TR144 64.50 --------------------------------------- HDPE (INJECTION) (Per...

Hides and skin rates.
June 27, 2010... Byline: RECORDER REPORT ============================================= HIDES ============================================= (Wet Salted Per Piece) ============================================= (i) (ii)...

Lahore Paper Market Rates.
June 27, 2010... Byline: RECORDER REPORT ============================================== OFFSET PAPER (PER LB) ============================================== Indonesia ---------------------------------------------- 23x36 75 57.00 27x34 75 57.00 25.5x36...

Lahore Grain Market Rates.
June 27, 2010... Byline: RECORDER REPORT ======================================= Per 100 kg ======================================= Sugar 6460/6480 Gur 6400/7000 Shakar 7000/7500 Ghee (16 kg) 1800/1920 Almond (Kaghzi) 23000/38000 Almond (Simple)...

Faisalabad yarn and fibre prices.
June 27, 2010... Byline: RECORDER REPORT ======================================= 4/S-6/S-7/S CONE (COTTON) ======================================= Clock 380.00 Tohfa 380.00 --------------------------------------- 8/S CONE...

Karachi Yarn Market Rate.
June 27, 2010... Byline: RECORDER REPORT ======================================= CONES CARDED ======================================= 10/1. Popular Fibre 910.00 Diwan 900.00 16/1. United 980.00 Popular Fibre 980.00 Abdullah Textile...

Poultry Rates.
June 27, 2010... Byline: RECORDER REPORT Wholesale poultry rates on Saturday (June 26, 2010) and for Sunday (June 27, 2010). Eggs: Rs 1650/1655 per 30 dozen; Broiler Birds (live): Rs 140 per kilogram; Cull Birds (live): Rs 82 per kilo. RATES FOR Sunday:...

Cotton Spot Rates.
June 27, 2010... Byline: RECORDER REPORT =========================================================== The KCA Official Spot Rate for Local Dealings in Pak Rupees ----------------------------------------------------------- FOR BASE GRADE 3 STAPLE LENGTH...

Bullion Rates.
June 27, 2010... ================================== In rupees per 10 gram ================================== KARACHI ---------------------------------- Gold Tezabi 24 CT 34200.00 Silver Tezabi 484.28 ---------------------------------- MULTAN...

Plan to convert railways into profitable entity on anvil.
June 27, 2010... Byline: TAHIR AMIN The government has decided to devise a comprehensive plan to convert Pakistan Railways into a profitable entity by privatising sale of tickets and checking system, Business Recorder has learnt. Sources in the Railway...

PC asks Etisalat to release long due sale proceeds at the earliest.
June 26, 2010... Byline: RECORDER REPORT The Privatisation Commission (PC) has approached Etisalat to release the long due proceeds at their earliest, as the company has transferred 3,247 properties to PTCL, whereas it has shown willingness to transfer 113...

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