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| March 13, 2002 | Wednesday | Zilhaj 28, 1422 |
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Slump in exports feared
KARACHI, March 12: Export of textile products is down by more than 10 per cent in February indicating the setting in of a marked declining trend, which, the exporters fear, will... 
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CDNS to serve as window for investment: Equity, bond markets
KARACHI, March 12: The Central Directorate of National Savings (CDNS) would be turned into a professional body to serve as a window for investment of funds in equity and bond markets...
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SBP governor for increasing exports
LAHORE, March 12: Rejecting out of hand a suggestion that higher cost of credit is hampering exports, State Bank Governor Dr Ishrat Hussain on Tuesday warned the government’s efforts to reduce...
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Exporters look for State Bank support: Dollar slips below Rs60
KARACHI, March 12: As the US dollar slips below Rs60 in the inter-bank market bankers and exporters are trying to figure out what is the next level at which the State...
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SSGC to float Rs1bn TFCs in May
KARACHI, March 12: Sui Southern Gas Company Limited (SSGC) will launch Term Finance Certificates (TFCs) worth Rs1 billion in May this year to finance its gas infrastructure, rehabilitation and expansion projects....
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Egypt keen on importing wheat
KARACHI, March 12: Egypt has shown keen interest in purchase of 300,000 tons of wheat from Pakistan to meet its domestic shortfall, official sources said....
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Stocks gain 15.16 points
KARACHI, March 12: After early weakness on profit-taking, stocks on Tuesday resumed their upward drive on active follow-up support at the lower levels and generally finished with an extended gain....
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Proposals to improve RMS under study
KARACHI, March 12: A set of proposals aimed at improving the existing Risk Management System (RMS), were unveiled by the management of the Karachi Stock Exchange on Tuesday, which the managing...
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Spinners indulge in panic-buying
KARACHI, March 12: Cotton market on Tuesday remained in the tight grip of spinners who again indulged in panic buying and lifted all the lots offered by the ginners irrespective of...
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Tariff protection sought for 2 products
ISLAMABAD, March 12: National Tariff Commission (NTC) will hold a public hearing at its office here on March 19 on the question of whether tariff protection should be given to the...
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Karachi Port operations
KARACHI, March 12: Six ships carrying crude oil and containers are expected to arrive at the outer anchorage on Wednesday, according to KPT sources....
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British manufacturing
LONDON, March 12: British manufacturing slouched deeper into recession in January, when output slumped 0.4 per cent from December, leaving annual volumes down 6.1 percent, official figures showed on Tuesday....
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Global oil output falls
PARIS, March 12: Global oil production in February fell by 320,000 bpd to 75.9 million bpd from the previous month amid a continuing decline in demand, the IEA said Tuesday....
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Malaysian palm oil closes mixed
KUALA LUMPUR, March 12: Malaysian crude palm oil futures closed mixed on Tuesday after choppy trading, lifted by late short covering....
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KPT raises charge-free period
LAHORE, March 12: The Karachi Port Trust has abolished the discretionary powers of its regarding demurrage and increased the charge-free period to 10 days from seven days....
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Australian co to invest in mining
QUETTA, March 12: An Australian mining company will invest over $1.5 billion on a copper mining project in Rekodik area of Balochistan in Chagai district during next three years....
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