|
| April 7, 2002 | Sunday | Muharram 23, 1423 |
|
Govt not to allow import of used cars
KARACHI, April 6: Minister for commerce, industry and production Abdul Razak Dawood on Saturday said the government is not going to allow import of reconditioned cars as this will ruin the... 
|
|
Rs121.6m offered for sale of 2 ghee units
ISLAMABAD, April 6: The Privatization Commission (PC) has received a total offer of Rs121.6 million for the sale of 100 per cent shares of E.M. Oil Mills and Industries Limited and...
|
|
||
|
Car dealers charge premium on new models: Ministry informed
KARACHI, April 6: As the local car makers gear up production to meet the rising demand, dealers and importers of second-hand cars claim that selected authorized dealers of assemblers are still...
|
|
Inter-bank market short of liquidity
KARACHI, April 6: The inter-bank money market braved a serious liquidity crisis this week as the State Bank started returning to the banks some foreign currency deposits....
|
|
|
||
|
Personal taxation encouraging brain drain
KARACHI, April 6: In an era, in which human capital and strategic thinking play a key role in the growth of physical and financial assets, Pakistan has been afflicted by “brain...
|
|
Fight against poverty
ISLAMABAD, April 6: Foreign Minister of Bhutan Lyonpo Jigmi Y. Thinley during a meeting with Finance Minister Shaukat Aziz on Saturday, emphasized the need to increase linkages between the various SAARC...
|
|
|
||
|
Oct 1999-March 2002 37 items prices rise by 20pc
ISLAMABAD, April 6: Prices of 37 essential commodities soared by around 20 per cent across the country during the last two-and-half years, an investigation by Dawn has revealed....
|
|
Japan set to upgrade official economic assessment
TOKYO, April 6: The Japanese government will upgrade its official comment on the state of the economy when it releases its monthly economic assessment next week, a senior member of the...
|
|
|
||
|
New York cotton futures mixed
NEW YORK, April 6: NY cotton futures ended on Friday’s session mixed with the front month May and July contracts squeezing out modest gains, as the trade became good buyers late...
|
|
Dollar softer as weak US jobs data, ME weighs
NEW YORK, April 6: A bigger-than-expected rise in US unemployment weighed on the dollar on Friday, but the currency held above recent lows as dealers pondered U.S. attempts to ease Middle...
|
|
|
||
|
India’s forex reserves surge
MUMBAI, April 6: India’s foreign exchange reserves soared past $54 billion in the last week of March, reflecting heavy inflows from foreign direct investments, exporter remittances and overseas deposits, analysts said....
|
|
US blue chips climb
NEW YORK, April 6: Blue-chip stocks climbed on Friday after diversified manufacturer Minnesota Mining & Manufacturing Co. told investors it was on track to meet quarterly earnings, adding to cheer after...
|
|
|
||
|
Chittagong port costly: shipper
CHITTAGONG, April 6: Bangladesh’s main port Chittagong, which handles 80 per cent of the country’s external trade, is too slow at handling cargo and very costly for ship operations, a key...
|
|
Sugar prices firmer
NEW YORK, April 6: CSCE raw sugar futures finished firmer Friday on renewed speculative buying, but prices remained rangebound after locals reversed course and ditched positions ahead of the weekend, dealers...
|
|
|
||
|
ASEAN finance ministers upbeat on recovery
YANGON, April 6: Southeast Asian finance ministers wrapped up a meeting in Yangon on Saturday in an upbeat mood, saying their region was back in recovery mode after successive upheavals and...
|
|
Basic materials show economic recovery on hold
NEW YORK, April 6: Basic material producers are poised to report dismal first-quarter results in the coming weeks, undermining a recent chorus of economists and others who have cheered signs of...
|
|
|
||
|
Oil prices higher up to 28 dollars a barrel
LONDON, April 6: Oil prices shot up to $28 a barrel this week for the first time since the immediate aftermath of the September 11, attacks, as Middle East turmoil made...
|
|
Bush adviser optimistic about economy
WASHINGTON, April 6: A senior White House official offered an upbeat assessment of the US economy on Friday, saying 2002 growth would be “very good” although the first quarter may outpace...
|
|
|
||
|
S. Arabia may drop one gas project
RIYADH, April 6: While there are constant speculation in the international media of obstacles in finalizing the deal with global oil majors participating in the Saudi gas initiative, there are reports...
|
|
Spinners resume covering purchases
KARACHI, April 6: Physical activity on the cotton market on Saturday picked up modestly as spinners resumed their covering purchases against forward sales of yarn for the quarter ending June 30....
|
