Tariff relief granted on 400 items: Four Saarc states
ISLAMABAD, Nov 11: Pakistan has granted tariff concessions to four Saarc-member countries on more than 400 items under South Asia Preferential Trade Arrangement (SAPTA) to boost trade with these countries, a...
Corporate profits take big leap
KARACHI, Nov 11: Thanks to lower interest rates, general increase in demand and rupee liquidity in the hands of consumers, overall profitability of the corporate sector took a big leap forward...
Buyers refuse to accept kinoo in cartons
KARACHI, Nov 11: Foreign buyers have started sending a note of caution to Pakistani kinoo exporters for not accepting the commodity in cartons due to price factor....
ADB okays $0.48m technical assistance
ISLAMABAD, Nov 11: The Asian Development Bank (ADB) has approved a technical assistance (TA) grant worth $0.48 million to strengthen portfolio performance and monitoring capacity of the Planning and Development Division...
Finished goods exports up: July-October
ISLAMABAD, Nov 11: Exports of finished products rose to approximately $3.19 billion during the four-month period July- October 2002, denoting an increase of 15.16 per cent over the corresponding period of...
Downward journey continues on stock market
KARACHI, Nov 11: Stocks on Monday finished with an extended fall as investors were not inclined to make bigger commitments owing to the prevailing political mess and the failure of the...
MCA to probe cartel in pharma industry
ISLAMABAD, Nov 11: The Monopoly Control Authority has decided to initiate investigation into alleged cartel and abuse of market power by the multinational pharmaceutical industry, particularly relating to vitamins sector, according...
CPI rises by 3.71pc
ISLAMABAD, Nov 11: Consumer Price Index inflation during the first four months of current financial year soared by 3.71 per cent over the same period of previous year, according to the...
PSO pre-bid meeting on 15th
ISLAMABAD, Nov 11: The representatives of the potential bidders, officials of the Privatization Commission, Ministry of Petroleum & Natural Resources and Pakistan State Oil Company Limited (PSO) are holding their first...
Sri Lanka interested in Irri-6
KARACHI, Nov 11: Rice trade was weak on low export demand during the past week, but the market may pick up given Sri Lankan interest in Irri-6 variety, traders said on...
Global oil refinery profits rise
LONDON, Nov 11: Global refinery margins were mostly stronger last week, as crude prices continued to fall, according to Reuters calculations....
Cotton prices edge up on panic buying
KARACHI, Nov 11: Cotton market showed firm trend on Monday as pent-up mill demand turned into panic buying by the mid-session, pushing prices modestly higher from the previous close....
Singapore, US likely to sign FTA
SINGAPORE, Nov 11: Singapore and the United States hope to conclude “substantively” a free trade agreement (FTA) this week, the city-state’s Trade Minister George Yeo said Monday....
EU fails to enforce single market
BRUSSELS, Nov 11: European Union governments are failing to enforce the EU’s single market and are falling behind with translating the single market’s rules into national law, the European Commission said...
Saudi Arabia cuts Dec oil allocations to Europe
LONDON, Nov 11: Saudi Arabia, the world’s biggest oil exporter, has cut its crude allocations to major European customers for December, surprising buyers who had expected steady supplies, traders said on...
Karachi Port operations
KARACHI, Nov 11: Seven ships including Mutiara carrying 14,500 tons of palm oil are expected to arrive at the outer anchorage on Tuesday....
ICAP services
KARACHI, Nov 11: The Institute of Chartered Accountants of Pakistan (ICAP) has offered its services and help to the World Bank towards the implementation of the public sector accounting standards in...
Corporate IT Forum convener
ISLAMABAD, Nov 11: Senior information technology manager, Pakistan Tobacco Company, Feroza Shera, has been designated as the convener of Corporate IT Forum....
Dollar lower against yen
LONDON, Nov 11: Major currencies were rangebound on Monday in quiet trading owing to public holidays in the United States and many European countries....
Palm oil prices
KUALA LUMPUR, Nov 11: Malaysian crude palm oil futures came off the boil at the close on Monday after players liquidated their positions on news that arch rival Indonesia may not...