Rice board as separate entity planned
ISLAMABAD, March 19: Federal Minister for Commerce, Abdul Razak Dawood on Tuesday said that to capture the international rice market and ensure greater rice production, a proposal is under active consideration...
NCBs lending rate moves up in January: Faster recoveries
KARACHI, March 19: Weighted average lending rate of the three state-run banks (namely National Bank, Habib Bank and United Bank) inched up from 13.78 per cent at end-December 2001 to 14.08...
Businessmen fear halt in activities
KARACHI, March 19: The fresh wave of violence, targeting the most protected area on Sunday — a Protestant church located in diplomatic enclave in Islamabad — has again dampened the spirit...
CED rules
ISLAMABAD, March 19: The CBR is considering simplifying the central excise rules to facilitate the businessmen....
Bulls stage comeback on short-covering in pivotals
KARACHI, March 19: After opening distinctly lower, stocks on Tuesday staged a smart rally toward the close of the session on active short-covering in the pivotals, pushing the KSE 100-share index...
Molasses export earns $30m
KARACHI, March 19: Around 600,000 tons of molasses export during current sugarcane crushing season has fetched around $30 million at an average price of $50 per ton, exporters said....
Road shows for OGDCL soon
ISLAMABAD, March 19: The government is all set to hold road shows both in and outside Pakistan for the privatization of the mighty Oil and Gas Development Corporation Limited (OGDCL) for...
Tin plate dumping: NTC orders probe
ISLAMABAD, March 19: The National Tariff Commission (NTC) has issued a notice of investigation into a complaint that South African exporters of tin plate of a certain specification are marketing the...
Sick units revival body meets today
LAHORE, March 19: The Revival Committee for Sick Units will meet here on Wednesday to consider the revival pleas of more sick units and decide their fate....
Trade fair in Mauritius
KARACHI, March 19: Free Port Operation of Mauritius and Pakistan High Commission are jointly organizing a single country exhibition — Pakistan Trade Fair 2002 — at Port Louis, Mauritius, from May...
Oil price rises
LONDON, March 19: Oil prices flirted with fresh six-month high points above $25 a barrel on Tuesday, as prospects for stronger demand and fears of disruption to Iraqi supplies hauled the...
Pharma industry told not to rely on tariff relief
ISLAMABAD, March 19: National Tariff Commission chairman Dr. Faizullah Khilji here on Tuesday advised the local pharmaceutical industry to prepare themselves for the fast-approaching scenario where no tariff protection will be...
Trading improves on cotton market
KARACHI, March 19: Physical activity on the cotton market on Tuesday maintained on the higher side as spinners were not inclined to have a look at their inventories in the backdrop...
Industrial sector
ISLAMABAD March 19: The manufacturing industry in last two decades in Pakistan lagged far behind in comparison to other newly emerging industrial countries of the region, with its share in the...
Tea prices mixed
MOMBASA, March 19: Tea prices at the Mombasa auction were mixed on Monday as demand improved from last week’s trading, Africa Tea Brokers (ATB) said in a market report released here...
Malaysian palm oil prices lower
KUALA LUMPUR, March 19: Malaysian crude palm oil futures extended falls on Tuesday as nervous dealers liquidated positions ahead of March 1-20 export data....
Duty drawback facility notified: Chemicals
ISLAMABAD, March 19: The Central Board of Revenue (CBR) has notified duty drawback facility on exports of three kinds of chemicals and its raw materials....
Indonesia seeks Joint ventures
SIALKOT, March 19: Jack Saeed Ghafar, Ambassador of Indonesia to Pakistan, has said that there are bright opportunities of setting up joint ventures between the two countries in different trade fields....
Karachi Port operations
KARACHI, March 19: Seven ships including a rice loader and container vessels and a tanker to load molasses are due to arrive at the outer anchorage on Wednesday....