News Archive: August 21st, 2009

National

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Two Pakistani students arrested in UK raids return

Two Pakistani students arrested over an alleged terror plot in Britain have arrived back home, after deciding to leave the UK voluntarily.

Obama pledges to resolve issues with Muslim world

US President Barack Obama used an annual ritual — a Ramazan message — on Friday to assure the Muslims that his administration had an ‘unyielding’ determination to resolve the issues…

Pakistan should invest in schools, girls: Clinton

Pakistan's fight with extremism would have been in better shape had the United States invested more in the nation's schools and girls and not just its military, US Secretary of State Hillary Clinton said…

Plan for 1,500MW rental power plants

The Economic Coordination Committee approved on Friday plans to set up rental power projects to generate 1,500MW and sent a summary to the cabinet for approval.

Pakistan congratulates Afghanistan on ’successful’ vote

Pakistan on Friday congratulated Afghanistan for 'successful holding of elections' and said it believed the Afghan vote would further strengthen democratic institutions in the country.

Altaf opposes abolition of local government system

Muttahida Qaumi Movement chief Altaf Hussain has urged President Asif Ali Zardari not to scrap the local government system.

11 Afghan electoral workers killed: commission

Insurgent attacks killed 11 election workers involved in organising Thursday’s landmark elections in Afghanistan, the election commission announced Friday.

Britain upset over Lockerbie bomber’s welcome

The scenes of the Lockerbie bomber being welcomed home in Libya as a hero were 'deeply upsetting, deeply distressing,' British Foreign Secretary David Miliband said Friday.

Two killed, 20 wounded in Baghdad mar…

Two people were killed and 20 wounded when a sticky bomb attached to a car exploded at a market in southern Baghdad on Friday, police said.

Security forces kill 12 militants in Mohmand

Pakistani security forces killed at least 12 militants on Friday in a tribal region near the Afghan border, the Frontier Corps said.

Fresh Mumbai evidence handed over to Pakistan: PTI

India on Friday handed fresh information on last year’s bloody attacks in Mumbai to Pakistan’s top diplomat in New Delhi, a report said.

Dissidents form ‘real’ faction of Q-League

The party’s general council of 2006 requisitioned by the faction elected Mr Chattha as ad hoc chairman, Salim Saifullah Khan as president and Humayun Akhtar Khan as secretary general till new elections…

4,500 MW Bhasha dam cleared by Ecnec

The 4,500-megawatt Diamer-Bhasha dam project and about two dozen other infrastructure and social sector schemes worth Rs977 billion were approved on Thursday.

Nisar leads first NA walkout against Gilani

Prime Minister Yousuf Raza Gilani faced the first opposition walkout against him in the National Assembly on Thursday, paying for his stance against trying former president Pervez Musharraf for high treason…

SHC issues notices to Musharraf and Altaf

The Sindh High Court on Thursday issued notices to former president Gen (retd) Pervez Musharraf, Muttahida Qaumi Movement chief Altaf Hussain and a number of other people to appear in the court on Aug…

Indian navy fighter jet crashes in sea

An Indian navy fighter jet crashed into the Arabian Sea off the western state of Goa on Friday, with the pilot presumed dead, a military official said.

Obama: “We took out” Pakistani Taliba…

US President Barack Obama said on Thursday ‘we took out’ Baitullah Mehsud, the Pakistani Taliban chief believed to have been killed this month in a missile strike by a US drone.

Business & Economy

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Country’s exports will improve in future, says SBP chief

Governor of the State Bank of Pakistan, Syed Salim Raza, Thursday said the country's exports were likely to improve in the near future in view of expected improvement in global economic situation by next…

Sindh Development Review 2008-09: departments fail to ensure proper utilisation of funds

The administrative departments of Sindh government have failed to ensure proper utilisation of funds allocated for the development works in the province due to late release of funds and red tape. Most…

Steps taken to ensure smooth supply of commodities to consumers

An effective mechanism of monitoring has been evolved to ensure supply of essential commodities and kitchen items to the consumers on reasonable and affordable rates during the holy month of Ramazan, …

Mangrio assumes charge of director TCP

Ghulam Nabi Mangrio, an officer of BS-20 and Joint Secretary in the PM Secretariat, has assumed charge of director of Trading Corporation of Pakistan (TCP). According to TCP here on Thursday, Mangrio …

Need stressed to ensure free competition in economic activities

The Chairman Competition Commission of Pakistan, Khalid Mirza, has said that there are serious competition issues which need to be redressed whereas government itself is encouraging corrosive behaviour…

LCCI to provide ambulance service to members

With a view to fulfil corporate social responsibility, the Lahore Chamber of Commerce and Industry (LCCI) has decided to provide free-of-cost ambulance service to its members. The LCCI President Mian …

KCCI delegation meets British Deputy High Commissioner

A delegation of the Karachi Chamber of Commerce and Industry (KCCI) led by Arif Balgamwala, Chairman, Diplomatic Affairs Sub-Committee, met British Deputy High Commissioner, Robert W. Gibson. The delegation…

Mine owners urged to adopt modern quarrying methods

Chairman Pakistan Stone Development Company (PASDEC) said that nature has gifted Pakistan with huge reserves of minerals like marble and granite which spread from Karachi to Siachen Glacier. He was addressing…

Construction of 20,000 low cost housing units: Malaysian company submits proposal

A world renowned Malaysian construction company Renexus has submitted a formal proposal to Pakistan Government for construction of twenty thousands (20,000) low cost housing units in each of the eight…

Marble sector: Italy offers soft loan, technical assistance, says Bajwa

The government of Italy has offered soft loan and technical assistance to marble sector to create strong relationship with local marble exporters. This was stated by Sami Bajwa, national expert, Investment…

Attock Cement earns Rs 1.49 billion net profit in fiscal year 2009

The profit after tax of Attock Cement Pakistan Limited increased to Rs 1,492.951 million in the year ended June 30, 2009 (FY09) as compared to Rs 435.025 million earned in FY08. The company's earning …

Samsung wins five EISA awards

Samsung Electronics Co Ltd, a market leader and innovator in consumer electronics, has won five prestigious 2009-2010 European Imaging and Sound Association (EISA) Awards, including Green TV, WebMedia…

Hotels preparing special offers for Ramazan revellers

The hotels in the twin cities of Rawalpindi and Islamabad had announced their value-based promotions on packages, food and beverage discounts for "Iftar" and "Sehar" to welcome the holy month of Ramazan…

Activity at Karachi and Qasim ports

The Karachi Port handled 71,994 tonnes of cargo including 48,263 tonnes import and 23,731 tonnes export cargo including 1,746 empty and loaded containers during last 24 hours ending at 0700 hours on Thursday…

Senate body concerned over irregularities in PQA

The Senate Standing Committee on Ports and Shipping has expressed concern over the alleged financial irregularities in Port Qasim Authority (PQA), and stressed the need for a transparent audit through…

PNSC seeks $300 million from FoDP for buying six vessels

Pakistan would ask the Friends of Democratic Pakistan (FoDP) for around $300 million for acquiring at least six new vessels to cater for its ageing, fast-depleting shipping fleet, Business Recorder has…

CCP plans to carry out study of automobile sector

The Competition Commission of Pakistan (CCP) is planning to carryout a detailed study of the automobile sector, including an analysis of pertinent competition issues. According to a report of the CCP …

Etihad Airways, American Airlines code-sharing agreement

Etihad Airways, the national airline of the UAE now has greater access to the American market, following regulatory approval for a new code-sharing agreement between Etihad Airways and American Airlines…

Sports

Ex-PSB official lashes out at sports policies

The Pakistan Sports Board has failed to ensure significant improvement in 35 different Olympic sports as this has been confirmed by the Pakistan Olympic Association in its observation saying ‘hockey…

NBP earn first win under new coach in PPFL

Arif Mahmood has raised his tally to 11 with three against PIA on Friday. He opened the scoring in the seventh minute from the penalty mark and added another in the 14th minute. 

Alonso’s Ferrari move to open drivers’ market

Fernando Alonso’s impending move to Ferrari for 2010 will shake up the Formula One drivers’ market and trigger a set of widespread changes, McLaren Mercedes team chief Martin Whitmarsh said…

KRL recapture top position in PPFL

Khan Research Laboratories (KRL) outclassed Nushki’s Baloch FC 3-1 to recapture the top slot in the Pakistan Premier Football League (PPFL) at the KRL Stadiam, Rawalpindi, on Thursday.

Federer needs 3 sets to reach quarter…

World number one Roger Federer was nearly blown off track by blustery winds, while Andy Murray and Rafael Nadal steered a steady course into the quarter-finals of the Cincinnati Masters on Thursday.

Technology