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| November 20, 2001 | Tuesday | Ramazan 4, 1422 |
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0.2m tons sugar export planned
ISLAMABAD, Nov 19: The government is expected to allow the export of around 200,000 tons sugar in the next few weeks through a subsidy on self-export basis.... 
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Govt borrows Rs36.1bn in four months
KARACHI, Nov 19: In the first four months of this fiscal year, the federal and provincial governments made a net borrowing of Rs 36.1 billion from the banking system to fill...
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Pakistan for better trade ties with China
BEIJING, Nov 19: Commerce Minister Abdul Razak Dawood who arrived here on Monday said that Pakistan expects a substantial progress in its economic relations with China during the visit of President...
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NWFP starts receiving royalty on crude oil
PESHAWAR, Nov 19: Federal government has started disbursing royalty on crude oil to NWFP accepting the provincial government’s stand on the payment issue, official sources told Dawn here on Saturday....
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Stocks extend steadiness on follow-up support
KARACHI, Nov 19: Stocks on Monday extended the weekend steadiness on active follow-up support, but the trading lacked depth proverbially linked with the advent of the holy month of Ramazan. The...
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Oil price slumps below $17
LONDON, Nov 19: The price of oil tumbled by more than a dollar to fresh two-year lows on Monday, with no sign of a resolution to the price war brewing between...
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Irri-6 export declines
KARACHI, Nov 19: The country could only export around 40,000 tons from new crop Irri-6 rice against 120,000 tons exported in the corresponding period last year, official sources said. The new...
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Govt plans to resume wheat export: Tender invited
SINGAPORE, Nov 19: The Government of Pakistan plans to resume wheat exports now that the influx of refugees from Afghanistan is much lower than expected, a senior Pakistani government official said...
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Chinese plan to raise taxes for foreign firms
BEIJING, Nov 19: Chinese plans to raise taxes for foreign firms after the country has entered the World Trade Organization came under fire on Monday from overseas business interests for being...
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Oil price slump timely for struggling global economy
LONDON, Nov 19: The slump in oil prices triggered last week by a row between major world crude producers over output could provide a timely boost to the struggling global economy,...
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Dollar holds firm in Tokyo trading
TOKYO, Nov 19: The dollar held firm on Monday as investors awaited economic data from Europe, with optimism for an early end to the war in Afghanistan continuing to support the...
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Asian stocks mostly higher
TOKYO, Nov 19: Share prices on Asia’s major stock markets made modest gains on Monday as investors sought bargains in generally quiet, featureless trading....
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Malaysian palm oil rebounds
KUALA LUMPUR, Nov 19: Malaysian crude palm oil futures recouped early losses and moved into positive ground on the back of technical covering and talk of market-friendly export figures, traders said...
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Indian rupee ends firmer
MUMBAI, Nov 19: The rupee ended firmer on Monday, boosted by steady dollar supplies after the long weekend and hopes for a quick end to the conflict in neighbouring Afghanistan, dealers...
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LME to launch new aluminium contract
LONDON, Nov 19: The London Metal Exchange is to launch a new aluminium alloy contract for the North American market from March 4, 2002 to complement its existing alloy contract, the...
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Foreign firms reducing stakes at much faster pace
KARACHI, Nov 19: Foreign firms are liquidating their stakes in Pakistan at a much faster rate than private capital inflows....
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Growers hold back stocks to push phutti prices up
KARACHI, Nov 19: Cotton market on Monday remained in the tight grip of leading growers who reportedly are holding back their stocks of phutti to push prices further higher....
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NWFP revenue receipts down by Rs4bn
PESHAWAR, Nov 19: NWFP government recorded an overall shortfall of Rs4bn in its total current revenue receipts at the close of the first quarter of the current financial year, official sources...
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Russia emerges as potent force in global oil scenario
DHAHRAN, Nov 19: If things go by the current script, oil prices are in for a battering. Already they have touched the lowest mark in two years and further erosion in...
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SPI records nominal increase
ISLAMABAD, Nov 19: The Sensitive Price Indicator (SPI) for the week ended on November 15 for income group up to Rs3,000 has registered 0.86 per cent increase over previous week....
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