News Archive: September 13th, 2009

National

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US support for Israel led to 9/11: Bin Laden message

Al-Qaeda leader Osama bin Laden told Americans in a new message Sunday that their support for Israel had prompted him to launch the September 11, 2001 attacks, a US-based terror monitoring group said.

Musharraf claims having received Saudi assurance

Former president Gen (retd) Pervez Musharraf has said that King Abdullah of Saudi Arabia had assured him during a recent meeting that Pakistan Muslim League-N leader Nawaz Sharif would not seek action…

US drone strike kills four in Pakistan: officials

A suspected US drone missile attack on Monday killed four militants in a remote tribal town bordering in North Waziristan, officials said.

Positive Indian response key to resume dialogue process: FM

Foreign Minister Makhdoom Shah Mehmood Qureshi has expressed the desire that the forthcoming meeting with his Indian counterpart in USA on the sidelines of the UN General Assembly session would yield …

Govt to enhance sugarcane price: Wattoo

The Federal Minster for Industry & Production Mian Manzoor Ahmed Wattoo has said that the government would enhance the price of sugarcane so that the dearth of sugar may not occur again in the country…

‘You are next Mangal Bagh’: Rehman Malik

Federal Interior Minister Rehman Malik has warned the chief of the banned Lashkar-e-Islam Mangal Bagh to lay down arms and renounce violence otherwise he would meet the same fate as other terrorists.

Pak Navy gets frigate built in China

The first F-22 P frigate of the Pakistan Navy, PNS Zulfiquar, constructed in China, arrived here on Saturday and took part in the ongoing naval exercises in the Arabian Sea. The ship was welcomed by the…

US presses for ‘hard steps’ to reform power sector

The United States has warned Pakistan that it needs to take ‘some very hard steps’ to reform its electric utility sector, says a senior US official.

Four of a tribe killed in Dera Bugti

At least four people including two women and two children were killed in a land mine explosion in Paikar area of Dera Bugti in Balochistan. They belonged to influential ethnic Baloch tribe.

Bangladesh top court rejects military trials for mutineers

Bangladesh's top court has ruled that border guards who killed scores of army officers during a mutiny in February should not be tried under military law, the country's law minister said Sunday.

Business & Economy

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Pakistan favourite destination for foreign investors: Gilani

Prime Minister Syed Yousuf Raza Gilani Saturday said Pakistan has become a destination of choice for foreign investors due to its geo-strategic location, availability of skilled manpower and better infrastructure…

NFC Award meeting: Sindh to present its case with strong evidence: Marri

The Sindh Minister for Information Shazia Marri has said that there are no two opinions that next NFC Award would be decided on the bases of multiple factors, adding that Sindh has a strong case and clear…

Sino-Pakistan FTA implementation from next month

After completing all procedures for entry into force, China and Pakistan have exchanged diplomatic notes on the Free Trade Agreement (FTA) on Trade in Services. The Agreement will come into effect on …

Argentinan businessmen interested in various economic sectors

Argentina is keen to engage with Pakistan particularly in food, agriculture and livestock areas having great potential and attraction. Argentina businessmen/ industrialists have shown interest in the …

Anti-terror campaign: economic hope, not bombings, to win public support, says Haqqani

Stressing that no amount of force alone can eliminate violent extremism, Pakistan's ambassador to the United States has urged the Obama Administration to help create economic opportunities as part of …

TDAP, KOTRA discuss avenues to promote trade ties

Director, Korea Trade-Investment Promotion Agency, (KOTRA), Young Hwan Jung, met the Chief Executive of Trade Development Authority of Pakistan (TDAP), Syed Mohibullah Shah, at the TDAP Head office, here…

Qaim reviews development process in various sectors

Chief Minister Sindh Syed Qaim Ali Shah has said that the progress and prosperity of any nation can be assessed from the development process in various sectors, while it is our endeavour to run the programme…

If FoDP pledges not materialised in time: Tarin warns lawmakers against massive cut in next budget

Pakistan has to make massive cut in next year's budget if pledges from Friends of Democratic Pakistan did not materialise in time, Finance Minister Shaukat Tarin forewarned Parliamentarians during an …

PC prepares list of 14 SOEs for privatisation

The Privatisation Commission (PC) has prepared a list of fourteen State Owned Enterprises (SOEs) for privatisation which are expected to generate proceeds of $243.724 million, it was told exclusively …

Reversing provisioning by banks: restructuring of loans for industry be allowed

The turnaround of industrial economy depends on the extent of correction of internal weaknesses faced by the industries in Pakistan which include, but are not limited to, electricity shortages, weak infrastructure…

Prime Minister to be chief guest at LCCI awards ceremony today

Prime Minister, Syed Yousuf Raza Gilani will be chief guest at the 5th LCCI Achievement Awards ceremony being held today. The Lahore Chamber of Commerce and Industry (LCCI) is organising the Achievement…

Pakistan top ranked for ”Doing Business” in South Asia

Pakistan has gained top ranking amongst its South Asian competitors according to the IFC-World Bank's Ease of Doing Business 2010 report. The report ranks 183 economies around the world based on 10 indicators…

Interest-free micro-financing for small enterprises sought

President Multan Chamber of Commerce and Industry (MCCI), Anis Ahmed Sheikh said that government should encourage micro-finance organisations to develop interest-free financing facilities for small enterprises…

Samsung launches ‘Samsung + U’ online campaign

Samsung Electronics announces the launch of 'Samsung + U' online campaign during the Holy month of Ramazan. Mr Richard Joo, General Manager Makreting, Samsung Electronics Middle East and Africa Headquarters…

Activity at Karachi and Qasim ports

The Karachi Port handled 100,550 tonnes of cargo including 42,481 tonnes import and 58,069 tonnes export cargo including 4,238 empty and loaded containers during last 24 hours ending at 0700 hours on …

No pressure on KPT to withdraw from its land

Karachi Port Trust (KPT) here, on Saturday, denied that any pressure being brought on it for withdrawing from the KPT land, which it had retrieved from armed men a few days back. A spokesman for Chairperson…

Induction of 500 CNG buses by December’2009: non-release of funds delays project

The directives of President Asif Ali Zardari to induct 500 CNG-powered buses in the city under "Shaheed Benazir Bhutto Bus Project" by December this year are unlikely to be implemented as the Ministry…

PAC takes strong exception to alleged pressure from Centre

The Public Accounts Committee (PAC) of National Assembly has taken strong exception to the alleged pressure being applied from the Centre to oblige some blue-eyed individuals, asking Karachi Port Trust…

Sports

Shot of his life moves Federer to final

Roger Federer punctuated his latest US Open victory Sunday with a shot he described, quite simply, the greatest of his life: a between-the-legs, back-to-the-net, crosscourt winner from the baseline.

Liverpool seals deal with Standard Chartered

Liverpool football club announced late Sunday a sponsorship deal with British bank Standard Chartered, reportedly worth 80 million pounds over four years.

Chairman concerned at slow progress of Commonwealth Games

Commonwealth Games Federation (CGF) president Mike Fennell has requested an urgent meeting with Indian Prime Minister Manmohan Singh over the slow pace of work ahead of next year's New Delhi games, the…

Clijsters completes remarkable comeback with US Open win

Kim Clijsters of Belgium won the US Open for the second time on Sunday, defeating Caroline Wozniacki of Denmark 7-5, 6-3 to complete one of the most stunning comebacks in modern sports history.

Del Potro routs Nadal for first Grand Slam final

Juan Martin del Potro handed Rafael Nadal his worst loss in a major tournament, beating the Spaniard 6-2, 6-2, 6-2 Sunday at the US Open to reach his first Grand Slam final.

Lahore finish at top to reach ‘quarter-finals’

Lahore finished at top of the points table to reach the 'quarter-finals' of Junior Super Hockey League after three-goal Kashif Shah propelled them to a 5-0 victory over Quetta at Hockey Club of Pakistan…

Technology