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| December 1, 2001 | Saturday | Ramazan 15, 1422 |
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Import duty on sugar up to 30pc
LAHORE, Nov 30: Commerce Minister Abdul Razak Dawood said on Friday the government had decided to increase import duty on sugar to 30 per cent from the existing 20 per cent.... 
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No ‘concrete’ headway in trade talks with US: Razak for Washington next week
LAHORE, Nov 30: Despite responding positively to the Pakistan’s request for increased market access and enhanced quota for its textile exports, the US administration has expressed its inability to take an...
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Balochistan may produce 100,000 cotton bales
LAHORE, Nov 30: For the first time in its history, Balochistan is expected to produce 100,000 bales of top grade, quality cotton this year....
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Tax collection down by 5.28pc
ISLAMABAD, Nov 30: The Central Board of Revenue (CBR) has provisionally collected Rs133.53 billion during the first five months of the current financial year against Rs140.98 billion it netted during the...
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Large-scale production falters in first quarter
KARACHI, Nov 30: Many sub-sectors of large-scale manufacturing were not performing well in the first quarter of this fiscal year. Large-scale manufacturing accounts for roughly one fifth of Pakistan’s gross domestic...
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17 Asian states adopt plan to fight corruption
TOKYO, Nov 30: Seventeen Asian nations adopted a legally non-binding plan on Friday to fight corruption, which they said was widespread in the region and hampered economic growth and poverty reduction...
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Moore hopes Vietnam WTO entry by 2003
 HANOI, Nov 30: World Trade Organization director general Mike Moore said here on Friday that he hoped Vietnam could become a member of the global body by late 2003....
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EEX withdraws Enron’s trading licence
FRANKFURT, Nov 30: United States energy giant Enron Corp, expected to file soon for bankruptcy protection in US courts, has had its licence withdrawn for trading on the European Energy Exchange...
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Palm oil futures end mixed
KUALA LUMPUR, Nov 30: Malaysian crude palm oil futures were mixed at the close on Friday with volume staying low despite market-friendly exports data for November, traders said....
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Output deal must to check oil price fall
VIENNA, Nov 30: Opec Secretary General Ali Rodriguez warned on Friday of an “unimaginable” collapse in oil prices next year if non-Opec rival producers do not agree to cut output in...
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ECB needs smooth euro changeover
FRANKFURT, Nov 30: The European Central Bank will be looking for the switchover to euro banknotes and coins at the end of this year to be as smooth as possible to...
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Global slowdown may push millions into poverty: UN
BANGKOK, Nov 30: The global economic slowdown is expected to push millions more people into poverty, making it imperative that Asia Pacific countries remain committed to social and economic reforms, a...
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Japan’s jobless rate hits 5.4pc
 TOKYO, Nov 30: Japan’s jobless rate hit a new high of 5.4 per cent in October as consumer prices fell for the 26th straight month, prompting the government to pledge more...
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ASEAN role to continue after China WTO entry
SINGAPORE, Nov 30: Southeast Asia has a role to play even if China becomes the “factory of the world,” a senior Chinese minister said on Friday ahead of China’s imminent accession...
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BoE likely to leave rates unchanged
LONDON, Nov 30: Britain’s central bank is likely to leave its key lending rate unchanged at 4.0 per cent at its monthly policy meeting next week as robust consumer demand suggests...
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Airbus expects to deliver 300 planes
TOULOUSE, France, Nov 30: European aircraft maker Airbus expects to deliver about 300 aircraft in 2002, chairman Noel Forgeard said on Friday, cautioning that the figure was uncertain because talks with...
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Stability in imports from Afghanistan: July-Oct
PESHAWAR, Nov 30: Imports from Afghanistan to Pakistan showed stability during the first four months of the current financial year despite crisis in the war-ravaged country, according to official sources....
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Firm trend on cotton market
KARACHI, Nov 30: Cotton market on Friday maintained a firm trend as spinners and mills continued to make panic buying amid fears of a short crop and tight ready positions....
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Expat workers in S. Arabia remit $10.8bn
RIYADH, Nov 30: Expatriate workers in the Kingdom have remitted SR40.8 billion ($10.8 billion) from Saudi Arabia to their respective countries during the first nine months of this year ending September...
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US cotton sales likely to keep torrid pace
NEW YORK, Nov 30: The US cotton sales are seen maintaining their blistering pace and a USDA export target of 9.40 million (480-lb) bales will probably be bested, industry analysts said...
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