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| March 10, 2002 | Sunday | Zilhaj 25, 1422 |
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FFC wins bid for Pak Saudi Fertilizer
ISLAMABAD, March 9: Fauji Fertilizer Company Limited gave here on Thursday the highest bid to buy Pak Saudi Fertilizer Limited (PSFL), which was latter accepted by the Privatization Commission Board.... 
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‘Oil vision’ likely this month: Sell-off, OMCs margins
KARACHI, March 9: The government is expected to announce an “oil vision” this month, which will specifically deal in sectors like deregulation, privatization and margins of oil marketing companies (OMCs)....
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ADB plans to set up SME risk capital fund
ISLAMABAD, March 9: The Asian Development Bank (ADB) is in the process of preparing a comprehensive development programme for Pakistan’s small and medium enterprises (SMEs)....
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Exports of major items fall by 3pc
ISLAMABAD, March 9: Pakistan’s exports of rice, raw cotton, tobacco, fertilizer manufactured, plastic materials, transport equipment and gems fell drastically during July-February period of the current financial year against the same...
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Shell Gas LPG: CORPORATE PROFILE
KARACHI, March 9: Shell Gas LPG (Pakistan) Limited—the Liquefied Petroleum Gas (LPG) marketing company— plunged into a loss of Rs18.1 million for the first half of the year to end-December 2001,...
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Time to say goodbye to World War Two banking: CORPORATE FOCUS
KARACHI, March 9: It is time to say goodbye to the World War Two banking, says Finance Minister Shaukat Aziz....
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US farm groups seek subsidy protection in bill
WASHINGTON, March 9: House and Senate negotiators should not make crop subsidies the sole target in correcting a $6-billion mistake in the expected cost of the Senate-passed farm bill, farm lobbyists...
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Steel makers unite to push Canada to follow US
TORONTO, March 9: Canada’s top steel makers and the union representing most of their workers united in a coalition on Friday to push Ottawa to follow the United States with safeguard...
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US-China deal on GM corn gives hope to Argentina
BUENOS AIRES, March 9: Argentine grain traders hope a move by China that will effectively allow unhindered imports of genetically modified (GM) foods from the United States will lead to a...
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New York cotton futures easier
NEW YORK, March 9: NY cotton futures settled easier on Friday on trade pressure and local long liquidation as the market slipped from Thursday’s climb up a two-month peak....
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CBOT rough rice closes higher
CHICAGO, March 9: Chicago Board of Trade rough rice futures ended higher on Friday on late local buying after a thinly traded session, traders said....
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Bulls take control of Wall Street
NEW YORK, March 9: The celebration on Wall Street was showing no sign of ending after four straight weeks of gains for blue chips as traders bet that the strengthening US...
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Bush to sign economic stimulus bill
WASHINGTON, March 9: US President George W. Bush will sign an economic stimulus bill on Saturday that combines extended unemployment benefits for millions of Americans with billions of dollars in business...
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World Bank provides $100m to Argentina
 WASHINGTON, March 9: The World Bank announced on Friday it would provide $100 million for emergency health, education and other programmes in crisis-torn Argentina....
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WB sets up accounting back-office in India
MADRAS, March 9: The World Bank, following a trail blazed by a host of other multinational firms, is setting up a major accounting office for its global operations in the southern...
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‘Japan to upgrade economic assessment’
TOKYO, March 9: Japan will upgrade its official assessment of the economy as exports and production show signs of improvement in line with a US economic recovery, a report said on...
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Wolfensohn calls for war against poverty
WASHINGTON, March 9: Rich countries must build on the global war on terrorism by launching a new war on global poverty, World Bank President James D. Wolfensohn said on Wednesday in...
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Brisk trading on cotton market
KARACHI, March 9: Brisk activity was witnessed on the cotton market on Saturday as spinners and textile mills indulged in near panic-buying to grab the floating stock of quality lint....
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NWFP land, farm tax ord fails to improve recovery
PESHAWAR, March 9: The NWFP land tax and agriculture income tax ordinance 2000, failed to improve recoveries and revenue base as the provincial government is set to miss the current fiscal...
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Fabric exporters profit plunges in second quarter
LAHORE, March 9: Fabric exporters say the reduced unit price in the international markets and the abrupt appreciation in the value of the rupee against the dollar following the Sept 11...
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