Razak hints at allowing import of used cars
KARACHI, March 7: Commerce Minister Abdul Razak Dawood has hinted at opening import of second hand cars if local assemblers fail to ensure proper supplies to the market to meet the...
SBP chief for more exports to eurozone
KARACHI, March 7: The State Bank Governor Dr Ishrat Husain warned exporters on Thursday that too much focus on the US market even after the launch of the euro might lower...
New rules for ginners notified
ISLAMABAD, March 7: The Central Board of Revenue (CBR) on Thursday notified new sub rules for ginning industry by amending the special procedure for ginning industry rules 1996....
EU lodges complaint with WTO: US steel tariffs
GENEVA, March 7: The European Union launched its counter attack on US steel tariffs here on Thursday but European and other countries face a long wait for a WTO ruling, and...
Soft drink prices move up
KARACHI, March 7: Beverage manufacturers have increased the prices, ranging from Re1 to Rs5, of various soft drinks....
State Bank to consult banks: Bid bonds
KARACHI, March 7: The State Bank Governor, Dr Ishrat Husain, says he will elicit bankers opinion on whether bid bonds and performance bonds submitted by the contractors participating in construction projects...
900 licences for mineral exploration
QUETTA, March 7: The Balochistan government has issued over 900 licences for exploration and exploitation of 39 minerals, and was extending all possible assistance and cooperation in this regard....
Profit-selling restricts gains on stock market
KARACHI, Mar 7: Heavy late selling in Hub-Power and PTCL on Thursday slowed down the market’s forward thrust, but the underlying sentiment did not show that the current run-up is overdone....
Local rate: NWFP falls short of target
PESHAWAR, March 7: The gap between monthly recoveries and total annual target under the head of local rate has widened at the close of first seven months of the current financial...
Listless trading on cotton market
KARACHI, Mar 7: Physical activity on the cotton market on Thursday was relatively listless as spinners were not inclined to chase prices further higher apparently for export parity reasons....
Pakistan gets world sugar body membership
ISLAMABAD, March 7: Pakistan has been given the coveted membership of International Sugar Organization (ISO). With this, Islamabad has become 59th member of the ISO....
Karachi Port operations
KARACHI, March 7: Berthing activity at the Karachi Port was maintained at a brisk pace where 10 ships were berthed on Thursday as the agencies tried to clear the inward rush...
FPCCI team
GUJRANWALA, March 7: A 15-members team of Federation of Pakistan Chamber of Commerce and Industry headed, by its president Iftikhar Ali Malik, visited an exhibition of made-in-Gujranwala products at Ghulshan-i-Iqbal Park...
Malaysian palm oil closes higher
KUALA LUMPUR, March 7: Malaysian crude palm oil futures rebounded from early losses to close higher on Thursday, helped by bullish outlook forecast at an industry conference in Kuala Lumpur....