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News for Friday, 22 Jul 2011

Encroachments in Peshawar becoming a nuisance

Peshawar has turned into a heaven for encroachers over the last couple of years as roads of Khyber Bazaar, Meena Bazaar, chock Yadgar, Firdos bazaar, University and Saddar Bazaar have...

A visit to South Waziristan: change is visible

When compared with the period 2003-07, the overall situation in Wana region of South Waziristan is satisfactory, where routine socio-economic and educational activities are in the full swing. Development work...

Govt to take tribesmen on board in peace efforts

Khyber Pakhtunkhwa Governor Barrister Masood Kausar has said that the government highly appreciates the tribesmen’s services for peace and would take them on board in its efforts for peace and...

Greek bailout gives respite, not remedy

Euro zone leaders have treated a symptom aggressively with their second bailout plan of Greece, but for many investors the underlying condition remains and could flare up again as soon...

FBR to finalise tax collection strategy

The Federal Board of Revenue (FBR) will finalize its resource mobilization strategy to meet the Rs1.952 trillion tax collection target for the current fiscal year at the Chief Commissioners Conference...

Pakistan Railways suffers losses of Rs52b

If Pakistan Railways is not purged of corrupt, dishonest and incompetent elements, the day is not far when one of the largest and strategically important institutions of the country will...

SBP injects Rs90 billion liquidity into banking system

The State Bank of Pakistan (SBP) on Friday injected some Rs90 billion of liquidity into the money market. The injection of liquidity, according to central bank’s chief spokesman Syed Wasimuddin,...

KSE witnesses high trading volume

With DAPs price rising to Rs150 per bag Fauji Fertilizer Bin Qasim Limited propelled itself on top of the KSE-100 volume leader board with 6.4 million shares. While the market...

Seed companies to register with SAP

The government is all set to make registration of seed companies with the Seed Association of Pakistan mandatory, so that it could be able to monitor and audit the seed...

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