Low Graphics Site

May 29, 2002 Wednesday Rabi-ul-Awwal 16,1423 New NFC award may be in place before Oct polls PESHAWAR, May 28: The new National Finance Commission award for the next five-year term starting from July 1, 2002, is likely to be put in place before the October elections, official... Billions of rupees blocked in ST refunds KARACHI, May 28: Exporters have claimed that billions of rupees towards sales tax refunds are blocked or held back by the sales tax collectorates all over the country, bringing export trade... Dollar-based lease finance plan shelved KARACHI, May 28: Leasing companies have put the plan to offer dollar-denominated lease finance into cold storage as banks are not ready to offer them foreign currency loans for this purpose.... No funds for Sindh’s mega projects: Rs144bn PSDP KARACHI, May 28: Unable to make any significant headway in economic development or in poverty alleviation during the last two years, the federal government has neither made any projection of economic... Commodities futures trading yet to be okayed: No legal action against WRS ISLAMABAD, May 28: Pakistan is not going to take any legal course or impose fine on foreign insurance companies for not withdrawing war risk surcharge (WRS) being charged on shipments to... Budget proposals: briefing today ISLAMABAD, May 28: The tax authorities will be giving briefing to Finance Minister Shaukat Aziz on Wednesday for consideration of budget proposals.... Money market awash with liquidity: dollar up KARACHI, May 28: The overnight call rates crashed in the inter -bank market on Tuesday as some banks that had put in more than required money in cash reserves taken out... Shahmurad Sugar Mills KARACHI, May 28: On Tuesday, the company came up with two pieces of bad news: One, that the public had subscribed to only a quarter of its offer of Term Finance... President speech stirs hasty selling KARACHI, May 28: Stocks on Tuesday reacted negatively to the president’s tough speech warning India of an appropriate retaliation if attacked as prices fell across a broad front on hasty selling,... ADB offers $100m to SME Bank ISLAMABAD, May 28: The Asian Development Bank (ADB) will extend 100 million dollars to Small and Medium Enterprise (SME) Bank for capacity-building and strengthening loaning to the SMEs in the country.... Karachi Port operations KARACHI, May 28: Another tanker, Star Libra carrying 35,000 tons of soyabean oil is expected to arrive at the outer anchorage on Wednesday along with five other vessels, according to KPT... Cotton trading shows sizeable expansion KARACHI, May 28: Trading on cotton market on Tuesday showed a sizeable expansion as spinners and exporters made snap covering purchases at the lower levels, although the bulk of business was... PTCL signs two pacts ISLAMABAD, May 28: Pakistan Telecommunication Company (PTCL) has signed two agreements with M/s ZTE Pakistan and M/s Alcatel Pakistan. Under these agreements the projects would cost Rs1,379m for expansion of NDW... Faletti’s, PECO land sell-off ISLAMABAD, May 28: The Privatization Commission has asked the potential investors interested in Faletti’s Hotel, Lahore; PECO Badami Bagh land, Lahore; and Al-Haroon Chambers, Karachi, a property of Republic Motors, to... Sindh to set up export desk KARACHI, May 28: Sindh governor Mohammadmian Soomro has said on Tuesday, an ‘export desk’ will be set up at provincial level which will serve as one-window facility for addressing exporters problems... Toilet soap prices raised KARACHI, May 28: Some manufacturers of toilet soap have raised the prices by Re1 to Rs2 per cake, while others may follow the suit.... Dollar hovers close to 8-month lows vs euro LONDON, May 28: The dollar slid back within sight of eight-month lows against the euro as concerns over the strength of the US recovery resurfaced ahead of US consumer confidence data... Opec output MASJED-SOLEIMAN, May 28: Iran sees no need for the Opec oil cartel to raise production at a ministerial meeting on June 26, Deputy Oil Minister Mohammad Mir-Moezi said on Tuesday....

Contributions Privacy Policy © DAWN Group of Newspapers, 2005