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| October 10, 2001 | Wednesday | Rajab 22, 1422 |
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Exports up by 4.30pc in Sept: Imports decline
KARACHI, Oct 9: Pakistan’s exports in September 2001 increased by 2.46 per cent to $799.6 million when compared with $780 million in August, but imports in the same month fell by... 
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PTCL, National Power sell-off delayed: Altaf
ISLAMABAD, Oct 9: Pakistan’s major privatization transactions have been delayed due to prevailing situation, arising out of September 11 terrorist attack on America and subsequent air strikes against Afghanistan....
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IMF defers conditionality: 15pc GST on tractors
ISLAMABAD, Oct 9: The International Monetary Fund (IMF) has deferred its conditionality of levying 15 per cent General Sales Tax (GST) on tractors and tube wells, which was to come into...
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FDI stands at $66m in July-Aug
KARACHI, Oct 9: A $31 million direct foreign investment coming in from the United States raised the total amount of FDI to $66.2 million in the first two months of this...
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Opec oil price slips below $20 again
VIENNA, Oct 9: The basket oil price used by Opec to set its output slipped below $20 again Monday, well below its $22 target floor, as the cartel mulled how to...
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Orix Leasing Pakistan: CORPORATE PROFILE
KARACHI, Oct 9: On Tuesday, Orix Leasing Pakistan Limited announced the financial figures for the year ended June 30, 2001, posting 14.8 per cent growth in pre-tax profit to Rs179.3 million,...
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KSE index soars 6.40pc on foreign fund buying
KARACHI, Oct 9: The KSE 100-share index on Tuesday soared by 6.40 per cent boosted by the revival of foreign fund buying on the perception of a robust economy and reopening...
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‘Asian economies to benefit from 2002 US pick-up’
HONG KONG, Oct 9: The economies of selected Asian nations will be the chief beneficiaries of an early United States recovery, international investment bank ING Barings said on Tuesday....
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China WTO entry seen as boost for auto sales
KUALA LUMPUR, Oct 9: China’s membership of the World Trade Organization (WTO) is unlikely to bring about free competition for foreign carmakers who must be flexible and patient to tap the...
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Gold price erodes after 2nd day of US attack
LONDON, Oct 9: The price of gold slipped silently in European trading on Tuesday, but traders said fears of escalation of the Afghanistan situation would keep the metal above support at...
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Dollar slightly up against yen
TOKYO, Oct 9: The dollar rose slightly against the yen on Tuesday supported by fears of intervention by the Bank of Japan but concerns over the US-led war on terrorism capped...
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ECB set to cut rates in Vienna meeting
FRANKFURT, Oct 9: A majority of economists here expect the European Central Bank to cut rates when it meets in Vienna on Thursday, to boost industrial and consumer confidence in a...
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New York cotton futures lower
NEW YORK, Oct 9: NY cotton futures finished on Monday at a fresh 15-year low on steady trade and option-related sales, with a poor fundamental and technical outlook seen depressing fiber...
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Sanyo to launch recyclable digital camera
TOKYO, Oct 9: Japanese consumer electronics innovator Sanyo Electric Co. Ltd. announced on Tuesday it would launch the world’s first reuseable digital camera with help from two camera making partners....
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From corporate citizen to ‘cyber nomad’: CORPORATE FOCUS
KARACHI, Oct 9: The corporate architecture is changing fast and the September 11 US episode would quicken the pace of change....
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SECP detects Rs30m dubious transfer
ISLAMABAD, Oct 9: The Securities and Exchange Commission of Pakistan (SECP) has detected a dubious transfer of over Rs30 million from the accounts of a public limited company and recovered over...
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Cotton prices maintain recovery drive
KARACHI, Oct 9: Cotton prices on Tuesday maintained their recovery drive for the second session in a row as spinners and mills continued to cover their positions against forward sales of...
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FTO asks CBR to refund Rs0.56m
ISLAMABAD, Oct 9: Federal Tax Ombudsman Justice (Retd) Saleem Akhtar has directed the Central Board of Revenue to refund Rs0.56 million additional tax collected from a private limited company of Sialkot....
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LSE to adopt T+3 system from Oct 29
LAHORE, Oct 9: All the 613 companies listed on the Lahore Stock Exchange (LSE) will move to the T+3 system from October 29, 2001....
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Afghani starts sliding
PESHAWAR, Oct 9: After an unprecedented improvement recorded during the last fortnight, Afghanistan’s national currency — Afghani — has started sliding back in the wake of the US strikes on Afghanistan,...
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