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| March 29, 2002 | Friday | Muharram 14, 1423 |
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Polyester products allowed drawback: Compensatory
ISLAMABAD, March 28: The economic coordination committee (ECC) on Thursday allowed compensatory duty drawback (CDDB) on locally produced polyester products.... 
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Onion, tomato prices shoot up
KARACHI, March 28: Prices of onion and tomato have gone up by 40 per cent and 50 per cent in the last few days as compared to prices prevailing in the...
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Unidentified development spending
KARACHI, March 28: The Rs60 billion development spending, provisionally estimated for July-December 2001, includes unaccounted expenditures, indicating weak monitoring and poor public sector governance....
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SBP returns $211m to banks
KARACHI, March 28: The State Bank has closed out $211 million rupee-dollar swap that it had contracted with some leading banks a year earlier....
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Downward trend halted as index gains 23 points
KARACHI, March 28: The recent downward drift was halted on the stock market on Thursday as bulls made active short-covering at the lower levels driving bears out of the arena....
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US economy expands by 1.7pc
WASHINGTON, March 28: The US economy expanded 1.7 per cent in the fourth quarter of 2001, the government said Thursday, beating previous estimates and defying an official recession verdict....
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OGDCL enhances production
ISLAMABAD, March 28: Oil and Gas Development Company Limited (OGDCL), as an operator in a joint venture, has made yet another landmark achievement in enhancing the oil and gas production through...
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Govt calls meeting on pharma industry
ISLAMABAD, March 28: The government has convened a crucial meeting here on Friday to discuss problems faced by the local pharmaceutical industry and interruption in drugs supply in the aftermath of...
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Pakistan, UK discuss trade ties
LONDON, March 28: The chairman, Board of Investment, Waseem Haqie held a meeting with Chief Executive, UK Trade Department, Sir David Wright to discuss further strengthening of trade relations between the...
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MCB profits up by 50pc
ISLAMABAD, March 28: The 54th annual meeting of shareholders of Muslim Commercial Bank (MCB) Limited was held here on Thursday....
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SECP working on rules for NBFIs
ISLAMABAD, March 28: The Securities and Executive Commission of Pakistan is busy giving finishing touches to comprehensive rules for the non-bank financial institutions (NBFIs) which are slated to come under its...
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Dull trading on cotton market
KARACHI, March 28: Cheerless trading conditions prevailed on the cotton market on Thursday as both buyers and sellers kept to the sidelines most of the time awaiting apparently some fresh positive...
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Plan under way to promote SMEs
KARACHI, March 28: The Small and Medium Enterprise Development Authority (Smeda) is presently working on a plan which would suggest to the government how to remove regulatory retardants in the way...
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Double taxation
ISLAMABAD, March 28: Pakistan has inked a revised treaty with Austria for the avoidance of double taxation between the two countries, a senior official told Dawn....
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Malaysian palm oil prices higher
KUALA LUMPUR, March 28: Malaysia’s palm oil futures ended higher on Thursday, boosted by covering on the physical side where talk of possible purchases by main buyers India, China and Pakistan...
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British MPs visit KSE
KARACHI, March 28: The chairman of the Karachi Stock Exchange, Salim Chamdia told the visiting delegation of the British Parliamentarian on Thursday that owing to positive economic indicators after the Sept...
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SPI registers decrease
ISLAMABAD, March 28: The Sensitive Price Indicator (SPI) for the week ended on March 21, for lowest income group up to Rs3,000, has registered a decrease of 0.08 per cent over...
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Karachi Port operations
KARACHI, March 28: Five ships carrying containers and to load molasses are due to arrive at the outer anchorage on Friday, according to KPT sources....
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