Import of ships exempted from duty
ISLAMABAD, April 1: The federal government has exempted the import of ships and all the floating crafts from the customs duty till the year 2020....
Export finance up by 0.5 per cent
KARACHI, April 1: Exporters will get export finance from banks at 8 per cent during this month instead of 7.5 per cent....
25 more securities to join NCSS
KARACHI, April 1: Twenty-five more securities would join the National Clearing & Settlement System (NCSS), raising the number of securities eligible to be settled through the NCSS to 32, a statement...
CPI with new base year unveiled
ISLAMABAD, April 1: The government on Monday unveiled a new Consumer Price Index (CPI), which not only has a changed base year (2000-01) but also enlarged the area of coverage in...
Bidding for UBL, ICP funds this month
LAHORE, April 1: The Privatization Commission (PC) plans to hold the bidding for the sale of United Bank Ltd, 12 funds of Investment Corporation of Pakistan and nine oil fields during...
SPI records increase
ISLAMABAD, April 1: The Sensitive Price Indicator (SPI) for the week ended on March 28, has registered an increase of 0.45 per cent over previous week....
EAB to discuss irritants
ISLAMABAD, April 1: The 10th meeting of Economic Advisory Board (EAB) will be held in the last week of this month to extensively discuss the removal of irritants specially those blocking...
PKIC earns Rs984m profit
KARACHI, April 1: Pak-Kuwait Investment Company (PKIC) earned Rs984 million operating profit in the year ended 2001, says a company press release....
EU checking seafood export from Pakistan: Contaminated shrimps
ISLAMABAD, April 1: The European Union has imposed 100 per cent checks on import of frozen fish products from Pakistan following detection of a contaminated consignment of shrimps at Rotterdam recently,...
KSE-100 share index loses 21.27 points
KARACHI, April 1: After initial run-up, stocks on Monday ran into snap selling as leading institutional traders liquidated in part their long positions in some of the pivotals. The index was...
SECP launches deregistration scheme for cos
ISLAMABAD, April 1: The Securities and Exchange Commission of Pakistan (SECP) has launched a “Companies Easy Exit Scheme” (CEES) for those dormant companies that are desirous to get their names struck...
Media buying houses
KARACHI, April 1: Pakistan Advertisers Society will help set rules of the game for Media Buying Houses by playing the role of a catalyst....
Cotton market lacks lustre
KARACHI, April 1: Trading on the cotton market on Monday resumed on an insipid note as spinners were not inclined to make bigger commitments apparently in a bid to maintain a...
Karachi Port operations
KARACHI, April 1: Four ships carrying general cargo, containers and chemicals are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
BoK posts Rs163m profit
PESHAWAR, April 1: The provincial public sector Bank of Khyber (BoK) recorded Rs163 million pre-tax profit for the period ended December 31, 2001....
Aptma denies PCGA claim
KARACHI, April 1: All Pakistan Textile Mills Association (Aptma) chairman Nadeem Maqbool has contradicted the claim of Pakistan Cotton Ginners’ Association that a large stock of pressed cotton was lying unsold...
Malaysian palm oil prices steady
KUALA LUMPUR, April 1: Malaysia’s palm oil futures were steady on Monday with players waiting for more clues from China over its import quotas and due to anticipation of fresh purchases...