Tag: Issues

ISLAMABAD - A single bench of the Islamabad High Court (IHC) comprising Justice Muhammad Anwar Kasi on Friday issued notices to the officials of Pakistan Cricket Board (PCB) for not recognizing special people's cricket association.
The court was hearing a petition filed by Pakistan Cricket Association for Physically Handicapped. Abdul Latif Kohkar, counsel for the petitioner, contended before the court that despite fulfilling all legal requirements, the association of handicapped

KARACHI - Arif Habib Investments (AHI) has officially informed the Karachi Stock Exchange regarding their merger with MCB Asset Management Company.
According to a letter issued to the Karachi Stock Exchange, the AHI stated that its sponsors and MCB Asset Management Company (MCB-AMC) have signed the shareholders' agreement dated January 19, 2011 for the proposed merger between the two entities. Sponsors of both entities agree that the combined force of MCB and Arif Habib Group

LAHORE - The Lahore High Court on Thursday issued arrest warrants for Gujranwala Electric Supply Company (Gepco) chief executive over his failure to appearing in a contempt of court case.
The contempt petition has been filed by a sacked lineman Khalid Younas, who is also a volleyball player for Wapda team. Justice Ch Muhammad Tariq summoned GEPCO chief executive repeatedly but he did not turn up, therefore, the judge issued his arrest warrants for Feb 22. Petitioner's counsel

KARACHI - The Sindh High Court (SHC) on Tuesday issued notices to the director-generals of the Inter-Services Intelligence (ISI), Military Intelligence (MI) and Pakistan Rangers (Sindh); the Sindh home secretary; the inspector general of police (IGP); Karachi Capital City Police officer (CCPO); and others to file their comments on February 3 in a missing person's case.
Through her counsel Maqbool Rehman Advocate, Gulfam Bibi filed a constitutional petition impleaded the heads of

LAHORE - Federal Tax Ombudsman Dr Shoaib Suddle has said that all pending claims from 2005 to 2009 have been liquidated. The delayed refunds of Rs six billion have been issued to taxpayers and there are no pending cases older than three month.
He was addressing the officials of the Inland Revenues Service, Large Taxpayers Unit, and Customs Collectorate at Regional Tax Office here on Saturday. Suddle acknowledged that though the Federal Tax Ombudsman (FTO) office had to look into

KARACHI - Considering water as lifeline of Pakistan's sustainable development, the International Union for Conservation of Nature (IUCN) would organise a two-day workshop on 'Water - Issues and Options' in Islamabad.
In a statement issued Friday, IUCN Pakistan Education, Communication and Outreach Programme Officer George Sadiq stated that the organisation undertook a study on the issues and options for the upper and lower riparian of the Indus River and based on it and several

ISLAMABAD - The securities market division of the Securities and Exchange Commission of Pakistan (SECP) penalised market participants for violation of fair market practices, by issuing three orders in the month of December 2010.
The enforcement action has been taken to foster a transparent and efficient securities market and to safeguard the investors' interest, according to a press statement adding that the copies of all the orders are available on SECP's website.
As a

BEIJING - The World Bank has issued its first yuan-denominated bond in a move that will help China as it tries to increase the use of its currency in global markets.
The Washington-based lender said on Tuesday that it would raise 500 million yuan from the two-year bond issued on Hong Kong's yuan-denominated bond market.
The move will "further deepen the market and permit investors to diversify their currency holdings and expand renminbi exposure", the World Bank said in a

LAHORE - Lahore High Court (LHC) Justice Sheikh Azmat Saeed on Tuesday issued notices to the Oil and and Gas Regularity Authority (OGRA) chairman and the federal government on a petition challenging nine percent increase in petroleum products prices from January 1, 2011.
The court also summoned a report from OGRA chairman and the federal government within one week seeking an explanation for increasing fuel prices, which would increase prices of other products as well. The judge

Lahore - Lahore High Court (LHC) Justice Shahid Saeed on Monday issued notices to the Sui Northern Gas Pipelines Limited (SNGPL) managing director, general manager and director billing on a petition filed by a citizen who received a Rs 0.95 million gas bill for December.
Petitioner Muhammad Amjad submitted that he ran a drycleaner shop in Sherakot area and his average gas bill for the whole last year was Rs 50,000 but he received a Rs 37,000 gas bill for November, which he duly

LAHORE - Lahore High Court (LHC) Chief Justice (CJ) Ijaz Ahmad Chaudhry on Friday issued show-cause notices to two judicial officers including Nankana Sahib Additional District and Sessions Judge Muhammad Saleem and Bahawalnagar Civil Judge Shahzad Raza for trying to influence him for their promotion and posting.
The LHC CJ directed them to explain their positions on being guilty of misconduct and directed the judicial officers to file their replies within a week.

BIRMINGHAM - Sir Alex Ferguson did his best to dispel any doubts
about Manchester United's challenge for the Premier
League title by insisting his side were on course for
glory despite dropping points in a 1-1 draw away to
Birmingham. Ferguson is desperate to regain the title
from stuttering champions Chelsea and he will enter
the New Year with United in the place which he feels
sends out danger signals to all those jostling for
position

LAHORE - The PPP leadership is optimistic about settling issues with the Muttahida Qaumi Movement (MQM) and the coalition partner's return to the federal cabinet.
"We are hopeful of removing MQM's concerns," Federal Law Minister Babar Awan said on Tuesday. Awan said that MQM chief Altaf Hussain's grievances were genuine and he fully agreed with the MQM leadership. MQM had expressed its concern over the socio-economic problems of the people and the government had similar views, he

LAHORE: The Supreme Court (SC) on Friday issued notice to the Lahore Cantonment Board, Lahore Development Authority (LDA) and Defence Housing Authority (DHA) for January 14 to explain who has the authority to issue no objection certificates (NOC) for a new housing society in the city and what are the standard operating procedures (SOP) for obtaining NOCs. The court was hearing an appeal moved by the DHA on issue of passage through its limits, to the adjacent Punjab Cooperative Housing

LAHORE: Lahore Electric Supply Company (LESCO) delivered bills in majority of the city areas only two days before the due date, making it difficult for the consumers to pay bills in time, the consumers told Pakistan Today on Wednesday.
Consumers criticised the late delivery of utility bills and demanded from the company to extend the due date, as it was not possible for them to pay bills over such a short notice. The resident of different areas; Multan Road, Township, College

LAHORE: The Strengthening Participatory Organization (SPO), concluded a two day workshop on Wednesday, which highlighted issues faced by laborers in general. Speakers in the workshop said that the labor force needed to adopt newer policies according to the requirement of the day. They said that the media and civil society can play a vital role in this regard therefore these two important pillars needed to be more mobilized. They added that Pakistan had a strong history regarding labor

ISLAMABAD: Chinese Prime Minister Wen Jiabao on Sunday strongly voiced China's support to Pakistan's perspective on the war against terrorism, saying terrorism must not be linked to any particular religion or ethnic group.
"There should be no double standards in this regard. Steps should be taken to address the real reasons that lead to terrorism. China will stand by Pakistan to confront all challenges, bring peace and stability to the region, and to turn a new page in