IMF wants data of forex flow in kerb
ISLAMABAD, Jan 4: The International Monetary Fund (IMF) has said that the State Bank of Pakistan has not developed as yet a reliable system for collecting data on the nature of...
Appellate tribunal yet to set up: Anti-dumping
ISLAMABAD, Jan 4: The government has yet to establish an appellate tribunal to meet the requirements of the anti-dumping ordinance for any aggrieved party seeking revision of National Tariff Commission (NTC)...
Steps under way to export 1m tons surplus wheat
ISLAMABAD, Jan 4: Federal Minister for Food and Agriculture Khair Muhammad Junejo on Friday said necessary arrangements are under way to export one million tons of surplus wheat....
PS restructuring tops agenda: ECC meets today
ISLAMABAD, Jan 4: The Economic Coordination Committee of the Cabinet (ECC) is meeting here on Saturday to discuss a number of important issues, including restructuring of the Pakistan Steel....
Sindh seeks debt relief from Centre
KARACHI, Jan 4: Sindh is asking for a debt relief from the federal government same as Islamabad has managed to obtain from Paris Club on a debt stock of $12 billion....
Rs9.75bn paid as duty drawback
KARACHI, Jan 4: The Collectorate of Customs (Exports) during July-December period paid Rs9.750 billion as duty drawback that is 51 per cent more as compared to Rs6.443 billion paid during the...
Lucky Cement: CORPORATE PROFILE
KARACHI, Jan 4: Only two of the 22 listed cement companies appear to have posted improved profits in the current reporting season: Bestway and Lucky. With after tax profit at the...
EPB urges S. Arabia, UAE to end ban on meat
KARACHI, Jan 4: The Export Promotion Bureau has been actively pursuing Saudi Arabia and UAE to lift the ban on export of meat from Pakistan....
Euro falls against $
LONDON, Jan 4: The euro recoiled further below 90 US cents on Friday as any lingering afterglow from the launch of notes and coins died out, leaving the currency to rely...
Stocks maintain upward move on follow-up support
KARACHI, Jan 4: Stocks on Friday maintained their uppish leaning as follow-up support did not turn shy owing to the strong presence of institutional traders. Trading was active....
Brisk trading on cotton market
KARACHI, Jan 4: Brisk trading was witnessed on the cotton market on Friday as spinners were back in the rings and made an extensive covering purchases, fearing an imminent price flare-up...
Bangladesh 2002 GDP to grow by 6.2pc: IEU
DHAKA, Jan 4: The London-based Economist Intelligence Unit (IEU) in its forecast for the new year suggested that Bangladesh along with China would be the two “fastest growing Asian economies in...
Half yearly signs encouraging: Targets under three-year plan
ISLAMABAD, Jan 4: Country’s economy has posted positive signs towards realizing the targets set under three-year medium term macroeconomic programme through stabilization policy and structural reforms programme during first half of...
ST exemption on hides import notified
ISLAMABAD, Jan 4: The Central Board of Revenue (CBR) has notified rules for exemption of Sales Tax on import of raw hides used in manufacturing of exportable goods....
Govt plans incentives to boost economy
FAISALABAD, Jan 4: The chairman, Central Board of Revenue (CBR), Riaz Ahmed Malik has said that the government would soon announce a comprehensive package of incentives for exporters, industrialists and small...
Karachi Port operations
KARACHI, Jan 4: Four ships carrying high speed diesel and containers are due to arrive at the outer anchorage on Saturday, according to KPT sources....
Asian stock markets higher
TOKYO, Jan 4: Asia’s major share markets were led higer on Friday, with high technology stocks following a positive performance by their counterparts on Wall Street....
Prizes
KARACHI, Jan 4: Emirates Airline has said that air travellers can win top holiday prizes in its major on-board promotion for next year’s Dubai Shopping Festival....
Shipment
KARACHI, Jan 4: The United Nations’ World Food Programme’s (WFP) first shipment comprising hundred of vehicles and machinery meant for Afghanistan and shipped on Sea Albatross of Global Container Lines based...
Airbus orders
KARACHI, Jan 4: Emirates Airline has placed orders for 25 Boeing 777s, 22 Airbus A380s, eight Airbus A340-600 and three A330s in view of Dubai’s long-term prosperity....