|
| July 14, 2002 | Sunday | Jamadi-ul-Awwal 3, 1423 |
|
Carpet exports hit by Afghans repatriation
KARACHI, July 13: Production and export of Pakistan’s carpet industry has been adversely affected by the return of Afghans back to their homes.... 
|
|
Debt stock targeted at 90.5pc of GDP
KARACHI, July 13: The government wants to bring down Pakistan’s debt stock to 90.5 per cent of the GDP in the current fiscal year from 94.5 per cent in the outgoing...
|
|
||
|
FTA to be signed during President visit to S. Lanka
ISLAMABAD, July 13: Pakistan will sign a free trade agreement (FTA) with Sri Lanka when President Pervez Musharraf visits Colombo on July 31, that could give existing $130 million bilateral trade...
|
|
Downward revision in GST rate ruled out
KARACHI, July 13: The Sales Tax Chief of Central Board of Revenue (CBR), Iftikhar Qutub, has ruled out any downward revision in existing rate of 15 per cent sales tax....
|
|
|
||
|
Recycling industry needs govt patronage
LAHORE, July 13: Green Earth Recycling is probably the only industry of its kind and size in the country that recycles used tetrapaks to produce chipboard as well as converts discarded...
|
|
Importers cool on dollar slide
KARACHI, July 13: The US dollar shed 23 paisa more against the rupee in the inter-bank market on Saturday as panic selling by exporters continued. That brings the total loss the...
|
|
|
||
|
Badla rates slip to 8.6pc
KARACHI, July 13: Average ‘badla’ (Carryover trade — COT) rates in the equity market slipped to 8.6 per cent for the week ended Friday, from the average of 9 per cent...
|
|
Discounting goes on
KARACHI, July 13: The inter-bank market had to borrow Rs13 billion overnight from the State Bank discount window for the third straight day on Saturday....
|
|
|
||
|
US rice exporters gain little world market share: USDA
WASHINGTON, July 13: The US Agriculture Department’s Foreign Agricultural Service on Friday released the following report on the US rice crop....
|
|
Stocks, dollar close lower, bonds up
NEW YORK, July 13: Blue-chip stocks tumbled on Friday, wrapping up their worst week since the aftermath of the Sept. 11 attacks, as a drop in US consumer sentiment, a sour...
|
|
|
||
|
NY cotton futures lower
NEW YORK, July 13: NY cotton futures fell on Friday on speculator and industry selling as the market reversed course amid technical weakness after a sluggish start to trading, market sources...
|
|
JICA help sought to promote export, industry
ISLAMABAD, July 13: Pakistan has sought the support of Japan International Cooperation Agency (JICA) to help promote export and industrial production....
|
|
|
||
|
Indian PM seeks faster economic reforms
NEW DELHI, July 13: Prime Minister Atal Behari Vajpayee called on Saturday for faster economic reforms and better policy implementation for India to achieve a target of eight percent growth within...
|
|
Oil price rises as US stocks plunge
LONDON, July 13: Oil prices rose this week after two weekly reports revealed an unexpectedly steep decline in US stocks....
|
|
|
||
|
ARABIC’s profits nosedive
RIYADH, July 13: Al-Rajhi Banking and Investment Corp. (ARABIC), one of the fastest expanding banking units in Saudi Arabia, said on Saturday its profits in the first six months of 2002...
|
|
Bush says US recovery showing signs of strength
WASHINGTON, July 13: US President George W. Bush on Friday vowed to protect a US economic recovery that is “beginning to show some strength” by taking strong action against corporate abuses...
|
|
|
||
|
Active trading on cotton market
KARACHI, July 13: Active trading was witnessed on the cotton market on Saturday as spinners resumed their normal covering purchases after having failed to clinch big deals from the recent TCP...
|
|
Karachi port Operations
KARACHI, July 13: Six ships carrying containers, tallow, crude oil and to load naptha are expected to arrive at the outer anchorage on Sunday, according to KPT sources....
|
|
|
||
|
US trade officials gear up for key WTO meeting
WASHINGTON, July 13: A top US trade official will travel to Geneva next week for a key World Trade Organization meeting and other talks with US trading partners, the Bush administration...
|
|
Cement and food shares fall in Dhaka
DHAKA, July 13: Dhaka stocks were mixed on Saturday as investors took profits on cement and food scrips, brokers said....
|
