Sunday, September 19, 2004
First-ever women soccer match held in Islamabad
Pakistan Saturday staged its first ever women’s soccer match to mark the FIFA (International Football Federation) Fair Play Day which officials said would help boost women’s sports in this Muslim country.
The Pakistan Football Federation (PFF) organised the match and coach Tariq Lutfi told AFP it would go a long way in promoting women’s sports in …
Sindh University to introduce solar energy
The University of Sindh will introduce the solar energy system to provide electricity to its departments, teaching institutes, hostels and residential colony.
The project, to be prepared by the Pakistan Council for Scientific and Industrial Research (PCSIR), will first be implemented at the Marui Hostel and then extended step-by-step to the university’s other facilities. The university …
A stroll through a Karachi entrepreneurial paradise
Nishtar Road, located in the old city, is a chaotic, thriving, giant market. Everything from plastic goods to bolts of cloth are traded in this densely packed, historic place of trade. Why have businesses thronged here through the decades? Daily Times’ Imran Ayub walks us through a unique entrepreneurial paradise.
Consider this picture. A 20-kilometer stretch …
12 new TV channels to be allowed soon
The government will soon award 12 new TV channel licences, says General Manager Pakistan Electronic Media and Regulatory Authority. He was speaking in a PTV programme on Saturday. He said that 22 new license for TV channels were being processed, adding that the process would be completed soon.
Pemra’s general manager said that 10 licenses had …
Pakistan forex reserves rise to $12.181 billion
Pakistan’s foreign exchange reserves rose by $22 million to $12.181 billion in the week ended Sept. 11 mainly because of an increase in inflows to commercial banks, the central bank said on Friday. During the week, reserves held by commercial banks rose to $2.176 billion from $2.158 billion a week earlier, the central bank …
Continue reading »Pakistani banks announce record net interest income
Banks operating in Pakistan have announced a record net interest income as credit volume to private business continues to expand.
Banking industry analysts foresee this trend in net interest income (NII) to continue. But, banks’ overall investment in the stock market will be restrained resulting in reduced yields. This is because the central bank has restricted …
