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| January 11, 2002 | Friday | Shawwal 26, 1422 |
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Pakistan may move to US market: $200m textile machinery
ISLAMABAD, Jan 10: Pakistan is likely to buy second hand textile machinery worth $200 million from the United States instead of India.... 
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Agriculture export zone being set up in Sindh
KARACHI, Jan 10: Sindh government is setting up agriculture export zone, which would be first of its kind in entire region of South Asia, and a piece of land next to...
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Egypt eyes oil, gas sector for investment
ISLAMABAD, Jan 10: A leading Egyptian businessman said on Thursday that trans-national projects like oil and gas pipelines could be very interesting investment projects provided stability returned to the region....
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Engro may announce results by month-end
KARACHI, Jan 10: Engro Chemical Pakistan Limited told the Karachi Stock Exchange on Thursday that the company ‘normally’ holds a Board Meeting for Annual General Meeting (AGM) purposes, around the end...
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Asia FDI conference next month
KARACHI, Jan 10: After a lapse of 42 years, the International Chamber of Commerce (ICC) will hold its second regional foreign direct investment (FDI) conference in Pakistan....
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Master plan for Gwadar Port on cards
KARACHI, Jan 10: Chinese engineers are currently preparing a master plan for the Gwadar Port and after signing a contract with them on infrastructure development, the ground-breaking ceremony of the Rs1.2...
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Amendments in Cos Ord proposed
LAHORE, Jan 10: The Securities and Exchange Commission of Pakistan (SECP) proposes to amend the Companies Ordinance 1984 to introduce a new concept of single member private company to admit the...
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Stocks fail to extend overnight run-up
KARACHI, Jan 10: Stocks on Thursday failed to extend the overnight run-up partly in the absence of strong follow-up support from the institutional traders and partly to a good bit of...
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Active buying on cotton market
KARACHI, Jan 10: Cotton market on Thursday showed an improved trend as spinners remained active buyers of quality lots offered by ginners below Rs1,800 per maund....
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IMF urges Argentina to free-float peso
WASHINGTON, Jan 10: The International Monetary Fund (IMF) has urged crisis-stricken Argentina to take tough economic action and ensure a free-floating peso in order to qualify for aid, a newspaper reported...
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Ishrat assures incentives for on-line banking
KARACHI, Jan 10: The Governor State Bank, Dr Ishrat Hussain on Thursday, highlighting the need of Information Technology in the Banking industry, said the central bank would provide all facilities, besides...
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Revalidation of SRO sought
KARACHI, Jan 10: Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) chairman Fawad Ijaz Khan on Thursday urged the CBR to immediately revalidate SRO 410(I)/01 that allows import of standard accessories....
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FPCCI seeks major role in Afghan rebuilding
KARACHI, Jan 10: The business community wants the government to speed up its efforts in getting a major share in the $20 billion Trust Fund for reconstruction and rehabilitation of Afghanistan...
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Exports of raw cotton, carpets and cutlery drop
ISLAMABAD, Jan 10: Pakistan’s export of raw cotton, synthetic fabrics, carpets and cutlery dropped drastically during first six months of the current fiscal as overall exports declined by 0.54 per cent....
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‘Curbs on banks in US promote Hundi’
KARACHI, Jan 10: New restrictions imposed by American banking regulatory authorities on banks belonging to Muslim countries has further promoted ‘Hundi or Hawala’ business, claimed Malik Bostan, president, Forex Association of...
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Asian stocks mixed
TOKYO Jan 10: Asia’s stock exchanges had a mixed day’s trading on Thursday with investors mostly influenced by either falls on Wall Street or hopes of a hi-tech led recovery....
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Malaysian palm oil prices lower
KUALA LUMPUR, Jan 10: Malaysia’s crude palm oil futures gave up earlier gains and ended lower on Thurday due to profit taking, but steady overseas demand and tight supply in Indonesia...
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Yen falls against dollar
TOKYO, Jan 10: Senior Japanese finance ministry officials on Thursday joined a growing chorus of authorities voicing concerns over the yen’s recent sharp fall....
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LSE inducts seven outside directors
LAHORE, Jan 10: The Securities & Exchange Commission of Pakistan (SECP) has approved the names of seven outside directors on the board of the Lahore Stock Exchange (LSE) for the year...
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SECP team for 3 states on 13th
ISLAMABAD, Jan 10: A seven-member delegation led by the Chairman, SECP, Khalid A. Mirza, will leave on January 13 on a tour of the UAE, Saudi Arabia and the UK to...
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