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| May 11, 2002 | Saturday | Safar 27, 1423 |
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Centre’s offer disappoints provinces: 12pc mark-up
KARACHI, May 10: All the four provinces have expressed serious reservations on the federal government’s concessional mark-up offer of 11 to 12 per cent on the cash development loan given by... 
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President asks for effective monitoring: PSDP projects
ISLAMABAD, May 10: President Gen Pervez Musharraf has asked the officials of the Ministry of Finance and the Planning Commission to change the whole development strategy to ensure effective monitoring of...
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No delay in oil, gas sector sell-off: PC
ISLAMABAD, May 10: A Spokesman of the Privatization Commission said here on Friday that there was no delay in the privatization of oil and gas sector....
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ST, refunds, mark-up top agenda today: Advisory body meeting
KARACHI, May 10: Long outstanding issues confronting industry and export trade for the last many years are expected to come up before the advisory council of ministry of commerce when it...
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Stocks shed 18.4 points on Hubco generator fault
KARACHI, May 10: Stocks on Friday fell from the initial highs on selling triggered by some negative reports from the Hub-Power about a major generator transformer fault on its unit No.4...
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Oil price rises
LONDON, May 10: The price of oil crept higher here on Friday on nervousness over the prospect of fresh Israeli military incursions in the Palestinian territories....
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SBP buys $300m from banks in April
KARACHI, May 10: The State Bank bought more than $300 million from the inter-bank market last month and the purchase is going on....
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UBL to go under hammer in two months
SHANGHAI, May 10: Finance Minister Shaukat Aziz said that United Bank Ltd (UBL) would be privatized within next two months....
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Premiums on new cars still being charged
KARACHI, May 10: Certain car dealers are still charging premiums on new cars despite improved supplies as a result...
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Condition of import licence may go
ISLAMABAD, May 10: The government is likely to do away with the condition of import licence for imports in the forthcoming budget for 2002-3....
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Gold prices climb to 2-year high
LONDON, May 10: Gold prices edged towards their highest price in more than two years on Friday, as doubts over the strength of a US economic recovery and jitters over the...
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NWFP registering minus growth since 1996-97
PESHAWAR, May 10: With its agriculture and industrial sectors failing to perform satisfactorily due to variety of reasons, the NWFP is registering minus growth for the last six years, according to...
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Bearish trend on cotton market
KARACHI, May 10: Cotton market on Friday showed a bearish trend as both leading spinners and mills just made enquiries about the fine lots and asking prices but did not bid...
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Karachi Port operations
KARACHI, May 10: Five ships carrying containers and general cargo are expected to arrive at the outer anchorage on Saturday, according to KPT sources....
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Suspension period of 17 cos extended
KARACHI, May 10: The management of Karachi Stock Exchange has extended the suspension period for trading in the shares of 17 defaulting companies for a further period of 60 days with...
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Malaysian palm oil prices higher
KUALA LUMPUR, May 10: Malaysian palm oil market extended gains as players played catch-up to soyaoil futures in Chicago, which is expecting market-friendly crop report later on Friday....
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