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  DAWN - the Internet Edition



February 28, 2002 Thursday Zilhaj 15, 1422

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Business


Philippines, BD to import 0.3m tons rice
ISLAMABAD, Feb 27: Philippines has decided to import 250,000 tons of rice from Pakistan while Bangladesh will be importing 50,000 tons of rice very soon....
Complete Story
NLC to explore business in Afghanistan
KARACHI, Feb 27: A delegation of National Logistic Cell (NLC) will visit Afghanistan to explore opportunities for local products as well as to sort out shipments, cargo movement and logistic issues....
Complete Story
Small banks pile up PIBs
KARACHI, Feb 27: Ten-year Pakistan Investment Bonds (PIBs) got a rave response from banks and corporates on Wednesday’s auction despite a one per cent cut in their coupon rate....
Complete Story
Foreign auditors hiring may be made mandatory: Corporate governance code
ISLAMABAD, Feb 27: Appointment of foreign auditors and accountants may be made mandatory for auditing of listed companies for corporate governance, transparency and investor confidence in the capital market, said Khalid...
Complete Story


Canadian market
LAHORE, Feb 27: Pakistan’s high commissioner designate to Canada Shahid Malik has expressed strong hope that Canada will allow Pakistani exporters greater and easier access to its market....
Complete Story
Bulls return as index gains 41 points in one go
KARACHI, Feb 27: Stocks on Wednesday staged a broad recovery as Lahore-based support figured prominently on selected counters and drove bears out of the market just in one go. The KSE...
Complete Story
Libya keen to buy wheat, rice
KARACHI, Feb 27: The minister of state and chairman Export Promotion Bureau (EPB) Tariq Ikram said on Wednesday that Libya is keen to purchase 50,000 tons rice and 0.2 million tons...
Complete Story
CBR teams to assist employers, suppliers: Withholding tax
LAHORE, Feb 27: The monitoring teams of Central Board of Revenue will start visiting large public and private employers as well as suppliers from Friday to assist and advise them on...
Complete Story


PS to face tough time after tariff cut: Razak
ISLAMABAD, Feb 27: Pakistan Steel will have to re- adjust the prices of its products to compete in the market and increase its sales, said Minister for Commerce, Industries and Production,...
Complete Story
Steady trend on cotton market
KARACHI, Feb 27: Cotton market on Wednesday showed quietly steady trend as ginners, encouraged by the latest developments, have raised their asking prices but spinners are not inclined to buy above...
Complete Story
UN relief operations procedure simplified
KARACHI, Feb 27: The government has simplified the procedure for smooth operation of the Forward Mounting Base (FMB), International Security Assistance Force (ISAF) for Afghanistan and the similar relief operations conducted...
Complete Story
‘PIA eyes Rs4bn profits this year’
KARACHI, Feb 27: Pakistan International Airlines has achieved financial turnaround in the shortest possible time as a result of corrective measures taken by its management, which would go long way in...
Complete Story


Karachi Port operations
KARACHI, Feb 27: Six ships including two tankers carrying palm oil and chemicals are due to arrive at the outer anchorage on Thursday, according to KPT sources....
Complete Story
EuroMed bank planned
PARIS, Feb 27: The European Commission adopted on Wednesday a project proposed by its president Romano Prodi to set up the Euro-Mediterranean Bank (EMB), whose principal function will be, in the...
Complete Story
Seedless kinnoo
FAISALABAD: The Punjab government has launched a multipurpose agriculture project to produce high yielding and disease resistant citrus fruit in the province....
Complete Story
SME Bank disburses Rs163m
KARACHI, Feb 27: The SME Bank has so far disbursed Rs163 million to 400 small and medium sized enterprises, a press release of the bank faxed from Islamabad announced....
Complete Story




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