Tag Archives: January

Game of gowns

False claims, pre-poll rigging, misguiding announcements – young doctors play dirty The elections of Young Doctors Association (YDA) in Mayo Hospital Lahore, scheduled for January 20 have been marred by confusion at

107 people missing since January

Officials of the Interior Ministry on Saturday told a high-level meeting that another 107 people had gone missing from various parts of the country since January 2011. An official source in the

18 blasphemy cases since January

KARACHI – On February 27, a mentally-challenged boy named Idrees Khan was accused of blasphemy for allegedly torching pages of the Holy Quran. Two similar cases of blasphemy were reported on February 26 from Multan: a man named Shahnawaz, said to be an activist of a banned outfit, sent a blasphemous message using his friend’s mobile phone to implicate him in a blasphemy case. Muhammad Javed was also trapped by a friend, who sent a blasphemous message from his mobile phone. A Christian

Palm oil imports fall in January

ISLAMABAD – The Palm oil imports into the country during January 2011 decreased by 12.60 percent as compared to the imports of December 2010. However, as compared to the imports of the January last year, the palm oil imports increased by 64.13 percent during the month under review, Federal Bureau of Statistics (FBS) reported. The palm oil imports into the country were recorded at $165.282 million in January 2011 against the imports of $189.109 million in December 2010 and $100.703

Karachi Stock Exchange falls 4pc since January

KARACHI – Gains, bagged by the KSE-100 index in January, have been overshadowed by the recent slump as the local bourse has now dwindled four percent since the start of 2011. The decline is more pronounced in recent times, as KSE has slid nine percent since January 17.
A closer look on individual stocks suggests that majority of the blue chip stocks have actually declined more than the headline index weakness and stocks like thinly traded Nestle (+28% since Jan 17th) have played

Car sales surge in January

KARACHI: Cars sales including Light Commercial Vehicles (LCV’s) have exhibited a phenomenal monthly rise of 64 percent and reached 8,889 units. This increase is largely driven by a 209 percent monthly increase in 1300cc vehicles, in addition to a 20 percent monthly rise in 800cc category. According to the Pakistan Automotive Manufacturers Association (PAMA), the massive rise in January, 2011 is spurred by the ‘new year’ phenomena as people tend to postpone purchases till the start of

Cement sales dip by 16 percent in January

KARACHI – Cement sales remained weak in January and fell by 16 percent in annual terms. With regards to quantity, the sale of cement declined to 2.5 million tonnes. Rising product prices and meek domestic demand attributable primarily to poor public sector spending kept local off-take constricted (down 16 percent annually), whereas unattractive prices in the regional markets dragged exports down by 17 percent annually.
Though local sales improved by seven percent in monthly terms

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