Tag: Major

Major scrips take a pounding at KSE

KARACHI - KSE 100 index witnessed yet another day of correction with major oil, fertiliser and banking scrips receiving heavy punishment; as the bourse lost 81 points with volumes of 188 million shares as big local institutions opted to book profits ahead of a key monetary policy announcement on January 29.
The KSE 100 index closed at 12577.61 levels with the loss of 80.55 points while total volume stood at 163,708,207 along with the total value 8,499,145,764.
FFC and FFBL

Major revision of FCR complete, PAC told

ISLAMABAD - FATA Secretariat Additional Chief Secretary Habibullah Khan on Saturday said a major revision of the Frontier Crimes Regulation (FCR) had been completed and a final announcement in this regard had to be made by the president of Pakistan.
Talking to reporters after attending the meeting of the special committee of the Public Accounts Committee, he said the federal government was focusing on developing and equipping the Levies Force to replace the Khasadar Force.

Major banks collabrate to support textile sector

ISLAMABAD - The Asian Development Bank (ADB), International Finance Corporation (IFC), Citibank, and MCB have announced completion of a landmark trade transaction that would help boost the local textile industry.
A statement issued by ADB has said that the four banks provided trade finance coverage of up to Euro 110 million for Ibrahim Fibers Limited to import German machinery.
This would help produce polyester staple fiber and polyester chips. The additional 650

Major political developments in 2010

ISLAMABAD - Apart from the revelations by whistleblower website WikiLeaks and the bickering between coalition partners that shook the country's political arena in December, the country political landscape maintained its status quo during 2010.
The passage of the 18th Amendment by parliament in April was the major political development of the year, which not only appeased the enraged PML-N, as it removed the third-time bar on becoming prime minister, and also transferred a number

TDAP identifies Argentina as ‘major focus’

KARACHI - Pakistan will hold a festival in Argentina next year to introduce Pakistani products particularly textiles in the potentially lucrative market. Islamabad is also sending a high-powered trade delegation to Argentina comprising of leading manufacturers and exporters of textile in order to cultivate contacts in the foreign country and explore avenues for gaining a foothold in the market.
This, according to sources, was decided in a meeting between Trade Development

S Korea readies major military drill near tense border

SEOUL: South Korea on Wednesday prepared for a major show of military strength involving fighter jets and tanks near the tense North Korean border as Washington ruled out "feel-good" talks with Pyongyang.
The live-fire exercise, planned for Thursday with self-propelled guns and 800 soldiers, follows signs of an easing of tensions on the peninsula after the North backed down from a threat to retaliate against an earlier drill.
Although similar exercises have been held at the

Teen titan Noh to aim for Major glory

KUALA LUMPUR: Teen Korean golf star Noh Seung-Yul says he hopes to become the second Asian to win a Major, following in the footsteps of compatriot Yang Yong-Eun who sprang a shock upset over Tiger Woods in the 2009 PGA Championship.
Noh became Asia's youngest ever Order of Merit champion at the age of 19 years and 204 days in 2010 after driving his way to one victory and four other top-10s during a sparkling season which also saw him post two impressive performances at the

Missing prisoners – Agencies claim ‘major breakthrough’

ISLAMABAD: Intelligence officials met Attorney General Anwarul Haq in his office on Tuesday and told him that there was a major breakthrough in the case of 11 missing inmates of Adiala Jail, sources told Pakistan Today.
They said just after the meeting, the attorney general filed an application in the Supreme Court seeking early hearing of the missing prisoners' case, fixed for hearing on December 13. According to the sources, the attorney general stated in his application that

Major WikiLeaks donor under pressure in Germany

BERLIN: A major WikiLeaks donor is in trouble in Germany for not filing its accounts on time, but authorities insisted Tuesday this was unrelated to its ties to the under-fire whistle-blowing organisation.
The Wau Holland Foundation, which has reportedly transferred 750,000 euros (one million dollars) in donations from the public to WikiLeaks, has been sent a second reminder to file its 2009 accounts.
"But this has nothing to do with WikiLeaks," Michael Conrad, a spokesman

Capital police foils major terrorist plot

ISLAMABAD: The law enforcement agencies on Friday foiled a major terrorist plot in the capital city by arresting two terrorists who were allegedly planning to attack important buildings, including the Parliament House.
The two suspected terrorists, Naeemullah Khan and Adnan Khan, were arrested in the Margalla police precincts. "They were planning to carry out a suicide attack on a mosque, Syedna Ali Masjid in Sector F-8/1, where foreigners and diplomats reside," Islamabad Deputy

Conjoined twins await major surgery

ISLAMABAD: Born 7 months ago in Sahiwal, the conjoined twins Shazia and Nazia are still waiting for the risky incisive surgery at Pakistan Institute of Medical Sciences (PIMS) that will separate the two.
The twins have been waiting for their turn with the parents having left them in the care of an ailing grandmother to look after their two normal sons at home. "I do not know what is taking them so long. We are all mentally prepared that the surgery could fail to save their lives