News Archive: February 27th, 2010

National

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One killed in attack on D I Khan procession

Gunmen opened fire on a religious procession in northwestern Pakistan Saturday, killing a man and wounding several others, officials said.

US lawmakers get details of Pakistan aid plan

The Obama administration sent lawmakers a plan for $1.45 billion in aid for Pakistan this year, funding water, energy and other projects as well as a media campaign to counter extremist views.

Quake, minor tsunami hit southern Japan

Japan's Okinawa island was hit by its biggest seismic jolt in more than half a century on Saturday when a powerful earthquake struck, triggering minor tsunamis.

8.3-magnitude earthquake hits Chile

A massive magnitude-8.3 earthquake struck near Concepcion, Chile, early on Saturday, the US Geological Survey reported, shaking buildings and causing blackouts in parts of the capital of Santiago.

Afghans begin taking over US-led prison

Afghanistan began Saturday taking control of a notorious US-run prison at Bagram Air Field north of Kabul, in a process officials said they expected would take up to one year.

Indian PM on visit to Saudi Arabia

He was greeted by Crown Prince Sultan bin Abdul Aziz, the official Saudi Press Agency said.

Ex-IAEA chief says ‘change is coming’ to Egypt

Former IAEA chief Mohamed ElBaradei, who says he is prepared to run in elections against President Hosni Mubarak, told AFP on Saturday that political change is the only way to avoid unrest in Egypt.

Business & Economy

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Malaysia and BoI to co-organise seminar on business

Malaysian Industrial Development Authority (MIDA) and Board of Investment of Pakistan have agreed to jointly organise a seminar on "Business and Investment Opportunities in Pakistan", in Kuala Lumpur …

Seminar on investment opportunities in Sindh

The Karachi Chamber of Commerce and Industry (KCCI) is organising a seminar on investment opportunities in Sindh on March 6. Chairman Banking and Insurance Sub-Committee of KCCI, Atiq-ur-Rehman said that…

ICCI submits budget proposals on tax reforms

The Islamabad Chamber of Commerce and Industry (ICCI) has put forward several proposals on tax reforms during its pre-budget meeting held here. The meeting was chaired by Mian Muhammad Ramzan, Chairman…

Government attaches high priority to improving economy: Prime Minister briefs IMF team

Prime Minister Yousuf Raza Gilani Friday said that the government attaches high priority to improving the state of economy through sustainable economic growth and to bring about positive change in the…

TDAP chief opens Expo 2010: July-January exports up despite uncertain law and order situation

Despite the uncertain law and order situation and other constraints, Pakistan's exports increased during July-January period this fiscal year as compared to the same period of last fiscal year. This was…

Community welfare schemes completed in Khyber agency

The Political Administration Khyber Agency has completed a number of community welfare schemes, which will benefit large number of people in various tribal areas. A press release issued by FATA Media …

Punjab government taking measures for poverty alleviation: Khosa

Advisor to Punjab Chief Minister Zulfiqar Ali Khan Khosa has said that Punjab government is taking measures for poverty alleviation in the province. He said that the government is paying special attention…

Industrialists oppose extra holidays

Industrialists have opposed giving any extra and unnecessary holidays other than gazetted holidays saying that it would badly affect the working of industries, as daily losses are in the range of Rs 2…

1,039 utility stores set up in Sindh, National Assembly told

Minister for Industries and Production Mir Hazar Khan Bajarani on Friday informed National Assembly that the government had set up 1,039 Utility Stores in Sindh, saying that in 2008-09 the government …

Government to open 6,000 more utility stores in country, Bajrani tells National Assembly

Federal Minister for Industries and Production Mir Hazar Khan Bajrani on Friday informed the National Assembly that government would open 6,000 more Utility Stores in the country and a summary in this…

‘Enhancing export base imperative to get rid of foreign aid’

The entrepreneurs would have to concentrate on enhancing the export base of the country to get rid of foreign aid and loans. The Lahore Chamber of Commerce and Industry (LCCI) Vice President Faisal Iqbal…

‘Indo-Pak talks to help foster regional development’

The private sector of Pakistan has hailed the resumption of talks between India and Pakistan, stating that resolution of political issues would greatly help foster economic co-operation among the South…

Need to foster ties between Pak-India stressed

Resumption of talks between India and Pakistan would greatly benefit to foster economic co-operation in the region. This was stated by Annisul Huq, President, Saarc Chamber of Commerce from Bangladesh…

MCCI to launch achievement awards

Multan Chamber of Commerce & Industry (MCCI) in collaboration with all chambers of Southern Punjab, ie, Bahawalpur, Dera Ghazi Khan, Khanewal, Rahimyarkhan and Sahiwal, has decided to launch first achievement…

MCCI completes various projects

President Multan Chamber of Commerce and Industry (MCCI) Malik Asrar Ahmed Awan has said that the MCCI completed various projects including upgradation of Multan airport as international airport and Faisalabad…

Activity at Karachi and Qasim ports

The Karachi Port handled 139,681 tonnes of cargo including 101,826 tonnes of import cargo; 37,855 tonnes of export cargo and 3,262 loaded and empty containers during last 24 hours ended at 0700 hours …

Fifth Sari Steering Committee meeting held

South Asia Regional Initiative (Sari) Steering Committee Meeting was held at Jinnah Int'l Airport to discuss adaptation of European based regulations in aviation Industry, under Eric Dormoy, a Co-ordinator…

Authorities asked to remove obstacles from roads under construction

DCO/Admi-nistrator City District Government Saeed Wahlah has directed the concerned departments to immediately remove the obstacles from the under-construction roads, being built under the supervision…

Shan Foods participated in Global-Village event in Dubai

Shan Foods Private Limited is a leading food products company in Pakistan, which appeared as a prominent participant in the "Global Village" Event held in Dubai from November 22nd 2009 till February 27th…

Sports

Clampdown keeps Pakistan players confined

In a tight security clampdown, the World Cup hockey organisers in New Delhi have barred Pakistani players from venturing out of their hotel on their own amid simmering political tensions between India…

FIH umpire managers seminar on March 7-9

The International Hockey Federation (FIH) has finalized a deal for its terrestrial rights in Pakistan with state channel Pakistan Television (PTV).The four-year deal will start with PTV’s live televising…

Asian teams vow to improve in World Cup

Asian teams are hoping to bring an end to European and Australian domination of field hockey when the World Cup opens in the Indian capital on Sunday.

Gatorade drops Tiger Woods sponsorship

Add Gatorade to the list of endorsement deals that Tiger Woods has lost. A representative for the drink, sold by PepsiCo Inc., confirmed late Friday that it had ended its relationship with the golfer, …

Messi and Barcelona are most valuable media brands

Lionel Messi and Barcelona are the soccer world’s most valuable media brands while Real Madrid’s unprecedented spending on players has lifted them to second from fifth, according to a new …

England’s Matt Daly out of World Cup

Due to an injury picked up in training on Sunday, England Hockey’s Surbiton forward Matt Daly has withdrawn from the England men’s squad ahead of the Hero Honda FIH World Cup.

Technology