|
| September 13, 2002 | Friday | Rajab 5, 1423 |
|
Compliance Initiative Board being set up
LAHORE, Sept 12: The government has decided to set up a Pakistan Compliance Initiative Board (PCIB) to facilitate exporters, particularly the small and medium enterprises (SMEs), in meeting such international social... 
|
|
Inflation on rise in July-August
ISLAMABAD, Sept 12: Inflation in terms of Consumer Price Index (CPI) moved up by 3.82 per cent in July-August 2002, over the corresponding period of previous year, reports Federal Bureau of...
|
|
||
|
Machinery imports surge by 27.69pc: July-Aug period
ISLAMABAD, Sept 12: Imports of machinery of different categories surged by 27.69 per cent to $422.37 million during the first two months of 2002-03 over the same period of previous year,...
|
|
NWFP demands increase in GST share
PESHAWAR, Sept 12: NWFP has disputed the ratio at which federal government would be distributing funds among provinces out of the 2.5 per cent of the total General Sales Tax (GST)...
|
|
|
||
|
Deutsche Bank to shut 470 branches
FRANKFURT, Sept 12: Moving further to cut costs, Deutsche Bank announced plans on Thursday to shut down 470 of its private and business client branches in Germany, or more than one-third...
|
|
KSE-100 index loses 7.28 points on profit-selling
KARACHI, Sept 12: After a higher start, stocks on Thursday finished reacted on late profit-selling in the leading shares but larger decline was resisted thanks to the presence of stray support...
|
|
|
||
|
Trade gap with Saarc shrinks
ISLAMABAD, Sept 12: Trade deficit with Saarc- countries fell by 52.84 per cent to $17.413 million in 2001-02 against $36.929 million during the financial year 2000-01....
|
|
Exchange cos SBP gives NOC to NBP, two money changers
KARACHI, Sept 12: State-run National Bank has got the SBP NOC to set up a foreign exchange company as a wholly owned subsidiary of the bank....
|
|
|
||
|
Pakistan, Tunisia JMC meets on 30th
ISLAMABAD, Sept 12: The Joint Ministerial Commission (JMC) of Pakistan and Tunisia is meeting in the Tunisian capital on September 30, to enhance trade and economic cooperation between the two countries....
|
|
Recovery drive absorbs markets turmoil: IMF
LONDON, Sept 12: Turmoil on global financial markets has not derailed the global economic recovery or threatened the stability of the financial system, although risks still linger, the International Monetary Fund...
|
|
|
||
|
Modest decline in cotton prices
KARACHI, Sept 12: Cotton prices on Thursday showed a modest decline as reports of steady arrivals of phutti into the central Sindh ginneries generated a good bit of hasty selling from...
|
|
Fed chief warns US to regain grip on budget
WASHINGTON, Sept 12: US Federal Reserve chairman Alan Greenspan warned US lawmakers on Thursday to regain their grip on the rapidly deteriorating US budget or risk the economic future....
|
|
|
||
|
Oil prices fall despite Bush warning
LONDON, Sept 12: Oil prices fell on Thursday despite a warning from US President George W. Bush who laid out the case for an attack on Baghdad, saying that “action is...
|
|
Refinance rate: PLGMEA plea to SBP
KARACHI, Sept 12: Pakistan Leather Garments Manufacturers & Exporters Association (PLGMEA) has urged the governor State Bank to freeze the mark up of export refinance (part I & II) for leather...
|
|
|
||
|
Karachi Port operations
KARACHI, Sept 12: Five ships including a car carrier Pacific Highway carrying 118 units are due to arrive at the outer anchorage on Friday, according to KPT sources....
|
|
SME Networking Group
LAHORE, Sept 12: The Small and Medium Enterprise Development Authority (Smeda) on Thursday launched SME Networking Group to coordinate information and services of the various agencies working in the field. In...
|
|
|
||
|
NWFP moves to revive Gadoon units
PESHAWAR, Sept 12: The NWFP Finance Minister Farid Rehman has said that the matter regarding the restoration of incentives to Gadoon Industrial Estate would be taken up with the federal government....
|
|
Dollar wavers as focus switches back to economy
LONDON, Sept 12: The dollar zig-zagged against other leading currencies on Thursday as the focus switched back to the economy after the peaceful passing of the first anniversary of the September...
|
|
|
||
|
London stocks shed 126 points
LONDON, Sept 12: Britain’s leading shares ended sharply lower on Thursday, dragged down by aerospace firm BAE Systems and a slide on Wall Street as fresh concern about the US economy...
|
|
ASEAN told to restore confidence
BANDAR SERI BEGAWAN, Sept 12: Southeast Asia must restore investor confidence and cut business costs to become a significant global player, the region’s economic ministers were told here on Thursday....
|
