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| November 1, 2002 | Friday | Sha’aban 25,1423 |
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Funds flowing from banks towards stock market
KARACHI, Oct 31: The bullish stock market is draining out some liquidity from the inter-bank market.... 
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NCEL barred from proceeding further: Futures trading in cotton
KARACHI, Oct 31: The Ministry of Commerce has thrown a spanner in the works of the National Commodity Exchange Limited (NCEL) —country’s first computerised futures commodity market—by asking it “not to...
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Strong engg sector key to economic growth: EDB website launched
ISLAMABAD, Oct 31: Commerce Minister, Abdul Razak Dawood said on Thursday the development of engineering sector on a sound footing is a must to achieving sustained industrial and economic growth, terming...
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Rs123.5bn revenue collected in July-Oct
ISLAMABAD, Oct 31 : The revenue receipts fell by 1.04 per cent to Rs123.5bn during the first four months of the current financial year against the target of Rs124.8bn set for...
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Fish catch worth $1.45m unloaded at KFH
KARACHI, Oct 31: Fifteen medium sized vessels have brought in a load of around 1,456 tons of fish catch at Korangi Fish Harbour (KFH) during last four months (July-Oct). The estimated...
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Drawback on export of shoes cut
ISLAMABAD, Oct 31: The Central Board of Revenue (CBR) has revised downward the budgetary duty drawback rates on export of various kinds of shoes....
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Sri Lanka lifts ban on rice import
KARACHI, Oct 31: Sri Lanka has lifted a two-year long ban on rice import and cut duty, removing the last ditch in the way of Free Trade Agreement (FTA) with Pakistan....
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Pak Oman performance reviewed
KARACHI, Oct 31: The 5th Board meeting of Pak Oman Investment Company was held on Wednesday, at Dubai, a press release issued by Pak Oman stated....
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Refinance rate
KARACHI, Oct 31: The State Bank of Pakistan (SBP) on Thursday announced to continue the 6.5 per cent per annum rate of refinance under the Export Finance Scheme for the month...
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TFC
KARACHI, Oct 31: The initial public offering (IPO) of the term finance certificates of Quetta Textile Mills has been over-subscribed by 1.7 times....
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Rupee shines
KARACHI, Oct 31: The rupee has gained 10 paisa against the US dollar in two days in the inter-bank market falling rising from 58.99 on Tuesday to 58.89 on Thursday....
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Widespread gains on stock market
KARACHI, Oct 31: Stocks on Thursday posted fresh widespread gains as institutional traders and leading investors continued to build-up long positions on selected counters aided by perception of higher capital gains....
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Huge duty cut on steel pipes hits local industry: NTC hears petition
ISLAMABAD, Oct 31: National Tariff Commission (NTC) here on Thursday asked the Engineering Development Board to inspect Grapex S.S. Pipe Industry, Lahore, for the quality of its products in connection with...
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Karachi Port operations
KARACHI, Oct 31: Six ships carrying containers, steel coils and general cargo are expected to arrive at the outer anchorage on Friday, according to KPT sources....
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IBA alumni directory
KARACHI, Oct 31: The Alumni Directory 2002 of the Institute of Business Administration (IBA) Karachi was launched on Thursday....
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Wapda tender
KARACHI, OCt 31: Pakistan State Oil (PSO) on Thursday again offered the lowest furnace oil prices to Wapda, says a press release....
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Panic buying on cotton market
KARACHI, Oct 31: Brisk trading was again witnessed on the cotton market on Thursday as spinners and mills continued to make panic buying at the falling prices....
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Singapore stocks monitoring system
SINGAPORE, Oct 31: The Singapore Exchange (SGX), whose method of monitoring unusual trades has long been the subject of public curiosity, on Wednesday detailed how it goes about the business....
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IIRA Board
KARACHI, Oct 31: Pakistan received a singular honour when the first shareholders meeting of Islamic International Rating Agency (IIRA), held at Bahrain on October 29, where a Pakistani JCR-VIS Credit Rating...
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Palm oil prices lower
KUALA LUMPUR, Oct 31: Malaysia’s palm oil futures extended losses on Thursday after players took profits ahead of an industry gathering and a long holiday, traders said....
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