35 Sindh assets sale to fetch Rs1bn
KARACHI, March 20: The sale of 35 prime assets in Sindh, under the privatization programme, is likely to fetch around Rs1 billion in the first phase....
Indian troops build-up sends KSE crashing: 2nd quarterly report
KARACHI, March 20: Nervousness among investors following the deployment of Indian troops after December 21, sent the Karachi Stock Exchange into a tailspin with the index losing 130.95 points in the...
President to be briefed on exports
ISLAMABAD, March 20: The commerce ministry will be briefing President General Pervez Musharraf on Thursday about the impact of US-led attack on Afghanistan on the exports during Federal Export Promotion Board...
Three-pronged strategy evolved: Surplus wheat export
KARACHI, March 20: A three-pronged strategy has been evolved by the government for the export of surplus wheat in a shortest possible time so that sufficient storage space is created before...
Blue chips lead fall on stock market
KARACHI, March 20: Stocks on Wednesday again fell under the lead of blue chips as follow-up support turned shy owing to the absence of strong institutional support and profit-selling by jobbers...
CED on ship plates may go
ISLAMABAD, March 20: The government is likely to withdraw Central Excise Duty (CED) on ship plates from the financial year 2002-03....
Spinning mill revived
LAHORE, March 20: The Revival Committee for Sick Units on Wednesday decided to revive a spinning mill — Golden Textiles — at a meeting held here....
MAP mulls setting up Islamic Fund
KARACHI, March 20: Modaraba Association of Pakistan is looking for the ways to set up a billion dollar Islamic Fund to overcome the liquidity problems....
USC losses at Rs1.35bn till June 2001
ISLAMABAD, March 20: Ad hoc Public Accounts Committee was informed on Wednesday that the Utility Stores Corporation (USC) had accumulated losses to Rs1,354 million coupled with contingent liabilities to the tune...
Double taxation
ISLAMABAD, March 20: Pakistan is likely to sign a comprehensive treaty with Yugoslavia on the avoidance of double taxation between the two countries....
Sluggish trading on cotton market
KARACHI, March 20: Cotton market on Wednesday showed quietly firm trend as ginners did not lower their asking prices despite a considerable decline in ready demand....
Human resources development top priority
ISLAMABAD, March 20: Federal Minister for Industries and Production Abdul Razak Dawood said here on Wednesday that the government was according high priority to human resources development in all areas including...
Auto production
ISLAMABAD, March 20: To cope with the growing demand of automobiles in the country, the Ministry of Industries and Production has asked the manufacturers to gear up production to ensure sufficient...
Rs59bn recovered from bank defaulters
KARACHI, March 20: National Accountability Bureau (NAB) has recovered Rs59 billion from bank defaulters and Rs2 billion on account of corrupt practices from government functionaries....
Malaysian palm oil prices steady
KUALA LUMPUR, March 20: Malaysia’s palm oil futures ended steady on Wednesday, but frustration grew among players with China still shy on naming firms it will approve for importing palm oil...
Karachi Port operations
KARACHI, March 20: Four ships carrying fertilizer, general cargo and chemicals are due to arrive at the outer anchorage on Thursday, according to KPT sources....
Software training
KARACHI, March 20: Country Manager Microsoft Corporation Pakistan Jawwad Rehman has stressed the need for making computer education especially software training and development as export-oriented....
CU Managed Fund
KARACHI, March 20: Commercial Union Life Assurance Co (Pakistan) Ltd has announced that the Offer and Bid Prices for the insured units of its Managed Fund effective from March 21 are...