Tag: Launch

LAHORE - The Pakistan Agricultural Storage and Services Corporation (PASSCO) is all set to launch 'Wheat Procurement Campaign 2011' from the last week of April. The corporation has fixed a wheat procurement target of 1.3 million tonnes out of the national wheat procurement target of 6.5 million tonnes set by the Ministry of Food and Agriculture (MINFA). PASSCO Managing Director Major General Sohail Shafqat unveiled the wheat procurement programme while addressing members of the

BEIRUT - Libyan government forces struck the coastal city of Misrata with dozens of Grad rockets on Thursday, killing eight people, a rebel spokesman said.
Misrata, Libya's third-biggest city, is the only major rebel stronghold in the west of the country. It has been the scene of major fighting between rebels and Gaddafi's forces for several weeks.
"They fired Grads at a residential area called Kasr Ahmad near the port this morning. They fired at least 80 rockets on that

LAHORE - The PCB has been pushing the idea of a Pakistani tournament on the lines of the IPL, PCB's domestic cricket department chief Sultan Rana has said. Rana stated that the setting up of the Pakistani Premier League had been in their plans for the past couple of years. "We first considered the idea a couple of years ago. The documents were complete and we were all set to go, but the attack on the Sri Lankan team meant that we had to shelve all of our plans at that time,"

ISLAMABAD - The Minister for Water and Power Syed Naveed Qamar said, on Tuesday, that the government plans to launch exchangeable bonds between $500 million and $1.0 billion for state owned Oil and Gas Development Company Limited (OGDCL) within this fiscal year. This would help permanently address the issue of inter-corporate circular debt in the power sector. Talking to the media after concluding session of the three day Pakistan Energy Conference 2011, the minister stated that

LAHORE - Adamjee Life held a dinner at a local hotel to celebrate the launch of "Pay Continuation Plan" in collaboration with Standard Chartered Bank (Pakistan) Limited.
Pay Continuation Plan is a tick box insurance product, designed to ensure that family of the insured persons keeps receiving an amount equal to the monthly salary, for up to five years - in case of an unfortunate demise of the insured.
The plan is aimed at maintaining living standard of the grieving family,

AUGUSTA - Golfing greats Arnold Palmer and Jack Nicklaus launched the 75th Masters on Thursday while three-times champion Phil Mickelson prepared to begin his title defence later in the day.
Watched by a packed gallery under sunny skies at Augusta National, four-times champion Palmer and six-times winner Nicklaus hit the ceremonial first shots at the par-four opening hole.
Palmer struck a solid blow up the left side of the fairway before Nicklaus outdrove him by around 60

AHMEDABAD - Australian skipper Ricky Ponting reckons his batsmen know what to expect in World Cup quarter-final, just as their Indian counterparts know what awaits them.
Ponting on Wednesday made it amply clear that the four-times champions would employ their time-tested formula of unleashing raw pace against the Indian batsmen, most known for their perennial discomfort against short and rising deliveries.
At the same time, Ponting expects India to play to their strength as

MANAMA - Bahraini forces backed by helicopters launched a crackdown on protesters Wednesday, imposing a curfew and clearing hundreds from a camp that had become the symbol of an uprising by the Shia majority.
Hospital sources said three policemen and at least two protesters were killed in the assault that began a day after Bahrain declared martial law to quell sectarian unrest that has sucked in troops from fellow Sunni-ruled neighbour Saudi Arabia. A defiant youth movement,

LONDON - Abbey Road Studios in London, where the Beatles recorded most of their hits, has launched a global anthem competition to mark its 80th anniversary this year.
The studios, opened in 1931 by composer Edward Elgar with a performance of his patriotic song "Land of Hope and Glory," are looking for original, undiscovered writers who will compete for the chance to record their compositions at Abbey Road.
The winning anthems will be recorded in Studio One, home to the

KARACHI - State Bank of Pakistan Deputy Governor Yaseen Anwar, on Saturday, disclosed that the central bank would soon launch a 10 million UK pound Financial Innovation Challenge Fund (FICF) to spur innovations in the financial services products and delivery channels in the country. Speaking at the inaugural ceremony of NRSP Microfinance Bank Limited (NRSP MFB) in Bahawalpur, he said that the SBP had also launched Improving Access to Financial Services Fund (IAFSF), for enhancing

LAHORE - Business Support Fund (BSF) is all set to roll out the 'Franchise Pakistan' project, through which street smart young entrepreneurs will enjoy a change and will be able to set up their own enterprise. BSF envisions some 10,000 franchises by end of the current fiscal year. BSF Chief Executive Officer Syed Saquib Mohyuddin disclosed this in a meeting with Lahore Economic Journalists Association (LEJA) members here on Monday. Mohyuddin said that BSF was finalising legal

KARACHI - The Karachi Stock Exchange (KSE) has shown an impressive increase of Rs 196 billion in its market capitalisation a week ahead of the launch of the much-awaited Margin Trading System (MTS) today (Monday), which is being introduced in place of the badla system.
The market capitalisation of the KSE had fallen to Rs 3.037 trillion on February 25, but by March 4 the market capitalisation of the KSE edged up to Rs 3.233 trillion as Finance Minister Hafeez Sheikh announced the

ISLAMABAD - NADRA would soon be launching a women registration drive across the country to achieve the target of 100 percent women's registration by making them aware of the importance of registration in getting their basic rights. According to a statement issued by NADRA Deputy Chairman Muhammad Tariq Malik on Saturday, the 100th anniversary of International Women's Day on March 8 would be marked by NADRA with the commencement of free registration for unregistered women in the

KARACHI - The Pakistan Fisherfolk Forum (PFF) has announced initiating a fresh struggle from March 5 against the ill-treatment of the coastal communities of Thatta district. A PFF activist Taj Muhammad Thahimor has gone missing since January 22.
PFF Chairman Muhammad Ali Shah along with other activists visited the family of the missing fisherman in Jati town and assured them of Thahimor's safe recovery. The unexpected disappearance of the coastal area activist is a fresh incident

LONDON - Afghan President Hamid Karzai was to hold talks with British Prime Minister David Cameron on Tuesday before opening a major London exhibition of artefacts from his country. Karzai, who arrived in London late Monday for a two-day visit, is expected to discuss issues including the planned transition of security responsibility from international troops to their Afghan counterparts in 2014.
His spokesman Siamak Heravi told AFP ahead of the visit that the president would also

ISLAMABAD - Pakistan's first web TV 'Maati', which will provide the country's youth a platform to share their views on social issues, and a research booklet based on the case studies of students experiencing sexual harassment in educational institutions were launched on Monday by an alliance of different NGOs in Islamabad. In the booklet 'Feeling Vulnerable in Houses of Learning', several moving stories of female students were documented from all over the Pakistan. A
ccording to

LAHORE - Doctors have announced a nationwide movement to demand a special salary raise for all doctors working in government hospitals in the country, Pakistan Medical Association office bearers said in a press conference at the PMA House on Monday.
Various organizations including PMA, YDA, PDA and MTA have been taken into confidence and first phase in which posters and pamphlets were to be distributed has already been accomplished, they said, adding that a provincial convention