Low Graphics Site

August 24, 2002 Saturday Jamadi-us-Saani 14, 1423 Over 50pc cars sold through leasing KARACHI, Aug 23: More than 50 per cent of cars were sold in 2001-2002 through leasing companies and car financing schemes introduced by the banks.... IMF for tax-GDP ratio at 20pc LAHORE, Aug 23: IMF has advised Pakistan to increase its tax-GDP ratio to 20 per cent without raising the current tax rates by broadening the base and doing away with the... Use of 30pc indigenous plant made mandatory: Exim Bank okayed ISLAMABAD, Aug 23: President Pervez Musharraf has approved the establishment of Exim Bank of Pakistan to offer state credit for exports of capital goods and made it mandatory to use at... ‘Pakistan wooing foreign investment’: Best presented reports awards KARACHI, Aug 23: Finance Minister Shaukat Aziz said on Friday the recent geo-political developments in the South Asian region, coupled with the government’s efforts towards structural reforms, have once again put... Rice export falls 28pc in 2001-02 KARACHI, Aug 23: A steep fall of over 28 per cent in rice export was recorded during the fiscal 2001-02 as the country could only manage to export 1.287 million tons... Trade, capital market reforms in limbo ISLAMABAD, Aug 23: About a dozen draft pieces of legislation have been put on hold by the ministries of finance and commerce indefinitely for reasons they refuse to divulge.... Prices ease on cotton market KARACHI, Aug 23: Cotton prices on Friday eased modestly from the current higher levels as some of the ginners indulged in hasty selling followed by reports of higher arrivals of phutti... Govt may offer 10pc more NBP shares ISLAMABAD, Aug 23: The government is expected to offer early next month another 10 per cent shares of National Bank of Pakistan (NBP) to the general public through stock market at... National Bank NPLs being restructured LAHORE, Aug 23: The National Bank of Pakistan is restructuring its non-performing loans and sifting circumstantial default from wilful abstention so that industry could be revived in the country.... Yacoob appointed acting MD of KSE KARACHI, Aug 23: Muhammad Yacoob, General Manager of the Karachi Stock Exchange (KSE), has been appointed acting Managing Director of the exchange in place of Noman Ahmed who resigned on Friday.... SECP warning ISLAMABAD, Aug 23: Securities and Exchange Commission of Pakistan (SEC) has warned the general public in their own interest to refrain from obtaining membership cards and associating with a firm called... EU to pursue US steel tariff case with WTO BRUSSELS, Aug 23: The European Union said on Friday it will maintain its complaint over US steel tariffs before the World Trade Organization (WTO) despite exemptions by Washington on a raft... Discounting shoots up in July KARACHI, Aug 23: The banks went for a much higher discounting in the month of July than in June as the State Bank kept mopping up more than targetted liquidity from... Trade deal ANKARA, Aug 23: Iraq and NATO member Turkey, a key Muslim ally of the United States, have agreed to work to seal a long-term cooperation pact similar to a deal discussed... Weekend selling clips gains on stock market KARACHI, Aug 23: Stocks on Friday ran into weekend profit-selling as jobbers and short-term investors took profits but the underlying sentiment remained uppishly inclined thanks to heavy buying in PSO and... European stocks hit by profit-taking LONDON, Aug 23: European share prices edged lower on Friday, hit by profit taking despite US markets posting solid gains overnight.... Karachi Port operations KARACHI, Aug 23: Four vessels carrying containers are expected to arrive at the outer anchorage on Saturday, according to KPT sources.... CNOOC profit HONG KONG, Aug 23: China National Offshore Oil Co. (CNOOC) on Friday reported its first half net profit dropped 21.7 per cent year-on-year to 3.62 billion yuan ($441 million) due to... Trade queries KARACHI, Aug 23: The Export Promotion Bureau (EPB) has received trade queries from USA, Korea and Poland for the supply of home textile, denim fabric, jacket and honey.... Malaysian palm oil lower KUALA LUMPUR, Aug 23: Malaysia’s crude palm oil futures ended lower in listless trade on Friday as players refrained from taking fresh positions ahead of the weekend and next week’s August...

Contributions Privacy Policy © DAWN Group of Newspapers, 2005