Low Graphics Site

December 12, 2001 Wednesday Ramazan 26, 1422 Banks recover Rs3.3bn in July-Oct KARACHI, Dec 11: Banks recovered about Rs3.3 billion worth of defaulted loans of Rs1 million and above between July-October this year. Specialized banks and development financial institutions (DFIs) also recovered Rs376... Investors interested in public sector units: Road-shows planned in Dubai ISLAMABAD, Dec 11: A number of Dubai-based international investors have shown their keen interest to participate in the privatization of some of the state sector enterprises including PTCL, Habib Bank, United... SIZs incentive package extended till Dec 2002 ISLAMABAD, Dec 11: The Central Board of Revenue has extended an incentive package offered to investors in the Special Industrial Zones (SIZs) till December 31, 2002.... Corruption cited as root cause of revenue loss KARACHI, Dec 11: Mainly because of rampant corruption, in combination with a host of other factors, the country suffers a loss of 64 per cent in income tax, 48 per cent... Pak-Gulf Leasing Company: CORPORATE PROFILE KARACHI, Dec 11: On Tuesday, the company issued an ‘addendum’ marking supplementary agenda for the Annual General Meeting to be held on December 29, at its registered office in Karachi.... EU concessions fail to inspire fresh buying on KSE KARACHI, Dec 11: Stocks on Tuesday finished further lower on renewed selling by jobbers and short-term investors in the absence of strong buying by the institutional traders and bargain-hunters, pushing the... China joins WTO and begins trek into economic unknown BEIJING, Dec 11: China became the 143rd member of the World Trade Organization on Tuesday, ending a marathon battle for accession and sending the nation on a long and uncertain journey... ‘Japan offers rich pickings for foreigners’ TOKYO, Dec 11: With the value of Japanese assets down as much as 90 per cent from a decade ago, there has never been a better time for foreigners to buy... New York cotton futures lower NEW YORK, Dec 11: NY cotton futures closed near a two-week low Monday as trade and speculative pressure deflated fiber futures in front of the monthly USDA production report due out... Dollar slips from eight-month high TOKYO, Dec 11: The dollar fell after hitting an eight-month high against the yen here on Tuesday in cautious trade ahead of an expected US interest rate cut and the release... Oil price dips again in London LONDON, Dec 11: The price of oil trudged lower again here on Tuesday in the absence of any deal between leading producers on cutting output, with traders shifting their focus to... Fed seen switching to smaller rate cuts WASHINGTON, Dec 11: US central bank policymakers likely will switch to smaller-caliber ammunition when they fire off another round of interest-rate reductions on Tuesday but they still have no reason to... Dhaka stocks close higher DHAKA, Dec 11: Shares on the Dhaka Stock Exchange (DSE) closed higher on Tuesday for a straight second session as small investors bought a wide range of stocks that fell during... Farm loan target refixed at Rs60bn ISLAMABAD, Dec 11: The Agricultural loaning target for the farming community has been refixed at Rs60 billion for the current year against Rs100 billion announced by the Chief Executive, Gen Pervez... Dullness Persists on cotton market KARACHI, Dec 11: After a week of hectic activity, trading on the cotton market on Tuesday remained terribly insipid as spinners stayed on the sidelines awaiting further developments on the export... Iranian team, TCP discuss wheat quality KARACHI, Dec 11: A six-member Iranian delegation on Tuesday held talks with the officials of Trading Corporation of Pakistan (TCP) regarding the quality aspects of wheat import from Pakistan.... Dry port at Mirpur planned ISLAMABAD, Dec 11: The government has decided to set up a dry port at Mirpur in Azad Jammu and Kashmir (AJK) to facilitate importers and exporters, a senior official told Dawn... CBR move to check IT record opposed LAHORE, Dec 11: The Lahore Chamber of Commerce and Industry has expressed concern over the CBR decision to examine the income tax record of exporters for apportionment of expenditure on account... S. Arabia cuts Jan oil allocations LONDON, Dec 11: Saudi Arabia has trimmed its January crude allocations to most international oil majors, market sources said on Tuesday.... China to import 2.4m tons palm oil KUALA LUMPUR, Dec 11: China will use up all its palm oil quota in 2001 to make way for huge imports next year following its entry to the World Trade Organization...

Contributions Privacy Policy © DAWN Group of Newspapers, 2005