Low Graphics Site

January 24, 2002 Thursday Ziqa’ad 9, 1422 Wapda to import fuel oil directly ISLAMABAD, Jan 23: Wapda has decided to import furnace oil directly instead of purchasing it from local oil companies in view of its rising requirement in thermal power generation.... KSE gives optimistic outlook KARACHI, Jan 23: Two pieces of good news coming out of the Karachi Stock Exchange on Wednesday, provided fodder for optimists who have been predicting the return of the bulls.... T-bill yields fall sharply: Banks to cut lending rates KARACHI, Jan 23: The State Bank on Wednesday cut the weighted average yield on treasury bills by 1.39-1.51 per cent in line with a one per cent cut in its discount... US team to look into specific projects: Due on Feb 16 KARACHI, Jan 23: A 7-8 member delegation of the US Eximbank, OPIC and TDA will arrive here on February 16 to look into specific projects in the private sector that could... Sugar prices fall KARACHI, Jan 23: The unsold stocks of white refined sugar with sugar mills have risen to 0.459 million tons as the lifting, both from commercial traders and general wholesalers, is not... Index crosses 1,500-point barrier KARACHI, Jan 23: The KSE 100-share index on Wednesday crossed the psychological barrier of 1,500 points followed by heavy buying triggered by reports of one per cent cut in discount rates.... NBP to offer 5pc more shares for subscription LAHORE, Jan 23: The National Bank of Pakistan (NBP) will issue five per cent more shares for public subscription in the first week of February, said bank chief Ali Raza after... Customs creating hurdles for contractors: Afghan rebuilding LAHORE, Jan 23: Some Pakistani contractors are said to have been approached by foreign firms working in Afghanistan to supply construction equipment (on rent) for the reconstruction work they have been... Pilcorp, TIB merger plan being worked out LAHORE, Jan 23: Pakistan Industrial Leasing Corporation and Trust Investment Bank will hold their EGMs here on Jan 31 to seek approval from the shareholders for the proposed merger of the... Plan to abolish QRMP, DPSI KARACHI, Jan 23: Minister of state and chairman Export Promotion, Bureau Tariq Ikram has assured rice exporters that government is actively considering doing away with quality related market price (QRMP) and... Douglas sees Pakistan natural partner: Afghan rebuilding KARACHI, Jan 23: State Senator and leader of the seven-member US delegation, Brooks Douglas has assured the business community that he would present a positive picture of Pakistan amongst the US... Spinners continue to build up long position KARACHI, Jan 23: Cotton market passed through another brisk trading session on Wednesday as spinners continued to build up long positions at the current levels amid fears of price flare-up.... Govt evolving deregulation policy: Pharma industry ISLAMABAD, Jan 23: Federal Minister for Commerce and Trade, Abdul Razak Dawood on Wednesday said that the government was sincerely evolving a de-regulation policy for pharmaceutical industry.... PC explains delay in sell-off process ISLAMABAD, Jan 23: The Privatisation Commission has said that lack of investors confidence, pricing policies, weak regulatory framework and excessive litigation were largely responsible for slow pace of privatisation process in... Karachi Port operations KARACHI, Jan 23: Three ships carrying containers and high speed diesel and to load molasses are expected to arrive at the outer anchorage on Thursday, according to KPT sources.... Asian stocks mostly lower TOKYO, Jan 23: Asian share prices drifted lower on Wednesday in cautious trading pressured by weak corporate results and losses on Wall Street.... Oil price firms LONDON, Jan 23: The price of oil firmed here on Wednesday trading amid expectations of a fall in stock levels of crude-based products in the United States because of cold weather.... Refund cases pending for last 12 years resolved ISLAMABAD, Jan 23: The CBR has released Rs161.220 million refund during the last 15 months.... Impurities in cotton lowered to five grams LAHORE, Jan 23: The joint government-Aptma programme to reduce cotton contamination through a supervised ginning project is said to have brought down the level of impurities in cotton to an average... Coarse yarn output LAHORE, Jan 23: The Pakistan Open-end Spinners Association has decided to cut down by 50 per cent the production of open-end yarn due to 30-40 per cent increase in waste cotton...

Contributions Privacy Policy © DAWN Group of Newspapers, 2005