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| November 7, 2002 | Thursday | Ramazan 1,1423 |
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SBP not to forgo regulatory powers
KARACHI, Nov 6: The governor, State Bank of Pakistan (SBP), Dr. Ishrat Hussain said on Thursday there is no immediate plan to transfer SBP’s regulatory and supervisory powers for banking institutions... 
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Seven EoIs received for PESCO FA services
ISLAMABAD, Nov 6: The Privatization Commission has received seven expressions of interest (EoIs) for the financial advisory services for the disinvestment of Peshawar Electric Supply Company Limited (PESCO)....
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Analysts dazed by unfolding political drama: Stock market
KARACHI, Nov 6: In the backdrop of the unfolding political drama, Pakistani stocks are taking a roller coaster ride, and even some of the best of stock picking gurus cannot tell...
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The market outlook on politics
KARACHI, Nov 6: The market wants an elected prime minister who has a good working relationship with the President and it needs continuity in reforms and consistency in policies, say market...
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Value-added fish export plan under study
KARACHI, Nov 6: The Karachi Fish Harbour is working on a plan aimed at enhancing export earnings from fish by ten times through value addition. Presently, the country earns around $150...
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SECP chief for single regulatory regime: UBL fund launching
KARACHI, Nov 6: Chairman of Securities & Exchange Commission of Pakistan Khalid A. Mirza says the SECP needs to move towards a single regulatory regime. “An asset manager should be able...
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TCP gets 17 bids for wheat tender
KARACHI, Nov 6: The Trading Corporation of Pakistan (TCP) has received 17 bids in response to a tender for the export of 50,000 tons of wheat to be shipped in bulk,...
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Turkey for boosting trade with Pakistan
KARACHI, Nov 6: A 30-member Pakistani businessmen delegation will visit Turkey in April next with the objective to expanding trade relations in various sectors....
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Profit-selling sets in on stock market
KARACHI, Nov 6: Stocks on Wednesday again ran into profit-selling triggered by lurking fears about the political crisis followed by reports that a majority party has sought postponement of the National...
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Dump trucks import banned
KARACHI, Nov 6: The federal government has imposed a ban on import of second hand dump trucks....
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Invoices scam unearthed
ISLAMABAD, Nov 6: The tax authorities have detected as many as 1,350 units allegedly involved in issuing of bogus sales tax invoices causing a loss of huge amount to the national...
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Karachi Port operations
KARACHI, Nov 6: Berthing activity at the wharves on Wednesday was maintained on the higher side as the port agencies tried to clear the inward rush of foreign flag vessels....
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Pakistan holding expo in Tokyo: Cotton made-ups
KARACHI, Nov 6: Pakistan is organizing a single country exhibition in Tokyo, Japan from February 25-28, 2003. It is expected to be a big event because as many as 30 stalls...
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Single ministry for textile, apparel sought: Dhaka moot
DHAKA, Nov 6: Participants at a roundtable on country’s textile sector have stressed the need for bringing apparel, textile sectors and all other sub-sectors under one ministry aimed at expediting the...
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Aptma sets up WTO cell
LAHORE, Nov 6: All Pakistan Textile Mills Association has established WTO cell under chairmanship of Abid Farooq at Aptma Punjab zone office, Lahore....
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Buying spree continues on cotton market
KARACHI, Nov 6: Brisk trading was again witnessed on the cotton market on Wednesday as spinners and mills covered their positions against forward sales of cotton yarn for the quarter ending...
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CU Managed Fund
KARACHI, Nov 6: Commercial Union Life Assurance Co (Pakistan) Ltd has announced that the Offer and Bid Prices for the insured units of its Managed Fund effective from November 7...
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HK gold
HONG KONG, Nov 6: Hong Kong gold prices closed lower on Wednesday at US$317.00-317.50 an ounce, against the previous day’s closing rate of 318.30-318.80....
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Palm oil futures up on Indonesia tax news
KUALA LUMPUR, Nov 6: Malaysian crude palm oil futures closed higher on Wednesday after rebounding from early losses on news Indonesia may raise palm oil tax to curb exports....
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Oil prices at 5-month low
LONDON, Nov 6: Oil prices continued to trawl around their lowest level in almost five months here on Wednesday as the market gave up early modest gains following the release of...
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