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| November 8, 2002 | Friday | Ramazan 2,1423 |
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Rush for cash withdrawal recedes: Zakat deduction
KARACHI, Nov 7: The banking system saw less withdrawals from the bank deposits before 1st Ramazan this year compared to the previous year when people were not fully aware of the... 
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Govt decision still awaited: Duty on CNG kit
KARACHI, Nov 7: The government is yet to come out with a clear decision with regard to SRO-38, allowing duty and tax exemptions to CNG dealers and station owners, which was...
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Cotton situation reviewed
ISLAMABAD, Nov 7: The first meeting of Cotton Crop Assessment Committee on Thursday reviewed the status of the standing cotton crop and it was observed that the current crop had escaped...
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Zamzama oil pipeline project goes to Parco
KARACHI, Nov 7: Pak-Arab Refinery Company Limited (Parco) will undertake Rs300 million pipeline to transport condensate from Zamzama gas field to Parco’s pumping station at Bubak....
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SBP gains Rs8.9bn thru forex dealings
KARACHI, Nov 7: The State Bank earned more than Rs8.9 billion through foreign exchange dealings in the fiscal year 2001-02 against a huge exchange loss of Rs49 billion in the fiscal...
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Aptma plea to State Bank: Contract adjustment
KARACHI, Nov 7: The All Pakistan Textile Mills Association (APTMA) has urged the State Bank of Pakistan (SBP) to allow commercial banks to substitute and adjust the contract at their discretion...
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Sugar industry recovering
LAHORE, Nov 7: The performance of the sugar industry which remained bleak during the last couple of years, has picked up now and is showing signs of recovery....
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Taxation treaty with Jordan likely
ISLAMABAD, Nov 7: Pakistan is likely to sign an agreement with Jordan for avoidance of double taxation between the two countries....
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KSE-100 share index manages to recover 5 points
KARACHI, Nov 7: Stocks on Thursday recovered from the overnight lows but the future outlook appears uncertain until the current political standoff is resolved and the coalition or a national government...
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PNSC
KARACHI, Nov 7: Shareholders at the company’s annual general meeting (AGM) on October 24 may have been disappointed that for yet another year, Pakistan National Shipping Corporation (PNSC) skipped a dividend....
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Takeover law raises voting share to 25pc
ISLAMABAD, Nov 7: The Federal Cabinet has approved the law providing for takeover of listed companies but in such a manner that almost fructifies its very purpose, capital market experts remarked...
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Karachi Port operations
KARACHI, Nov 7: Four ships carrying containers, general cargo and steel coils are expected to arrive at the outer anchorage on Friday, according to KPT sources....
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Immediate release sought: Bedding consignments
FAISALABAD, Nov 7: Khurram Iftikhar, chairman, All Pakistan Cloth Exporters Association (APCEA), on Thursday demanded immediate release of held up consignments of bedding items (Cat-666) at US ports, enabling Pakistani exporters...
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Japan signs FTA deal with ASEAN
PHNOM PENH, Nov 7: Japan on Wednesday signed a comprehensive economic partnership plan (CEP) with ASEAN, a move that could lead to the establishment of a free trade area (FTA) within...
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Ethanol as small plane fuel
BANGKOK, Nov 7: Thai researchers have succeeded in developing bio-fuel Ethanol to meet the standard specification of fuel for small plane, said director of the National Metal and Materials Technology Centre...
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HK gold
HONG KONG, Nov 7: Hong Kong gold prices closed higher on Thursday at US$319.00-319.50 an ounce, against the previous day’s closing rate of 317.00-317.50....
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Cotton market maintains firm trend
KARACHI, Nov 7: Cotton market on Thursday maintained firm trend as leading spinners remained active buyers at the current levels but ginners were said to be a bit reluctant to opt...
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Dollar steady against leading currencies
LONDON, Nov 7: The dollar was steady against other leading currencies on Thursday as the markets awaited the latest batch of interest rate decisions following an unexpectedly aggressive move by the...
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