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| November 13, 2002 | Wednesday | Ramazan 7, 1423 |
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Dawood hints at FTA with India
LAHORE, Nov 12: Commerce and Industries Minister Abdul Razak Dawood on Tuesday hinted at possibility of “Pakistan entering into a free trade agreement (FTA) with India on a reciprocal basis.”... 
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Duty relief on CNG kits extended for 5 years
ISLAMABAD, Nov 12: The federal government has extended the exemption of customs duty and general sale tax (GST) for yet another five years on import of compressed natural gas (CNG) cylinder,...
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World Bank for land reforms
KARACHI, Nov 12: The World Bank is working on an agenda for land reforms in Pakistan to raise agricultural productivity, reduce rural poverty and realize the full potential of economic growth....
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0.4m tons palm oil imported in 4 months
ISLAMABAD, Nov 12: Pakistan imported more than 0.4 million tons of palm oil during the first four months of the financial year 2002-03, denoting an increase of 23.89 per cent over...
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Buying in PSO leads recovery on stock market
KARACHI, Nov 12: The PSO-led rally was well-sustained on the stock market on Tuesday as both the bears and the bulls joined hands to push its price further higher before the...
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Sell-off progress review today
ISLAMABAD, Nov 12: The Cabinet Committee on Privatization (CCoP) is meeting here on Wednesday to assess the progress of privatization in the country....
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Surplus sugar export Govt to work out modalities
ISLAMABAD, Nov 12: A delegation of Pakistan Sugar Mill Association (PSMA), led by Sikander Khan, held a meeting with the government officials concerned here on Tuesday and reviewed the sugar situation...
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NCBs see fall in advances
KARACHI, Nov 12: The combined advances of four state-run banks saw a reduction of Rs6.5 billion in one year ending on September 30, 2002....
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Leather garment exports on decline
KARACHI, Nov 12: Leather garments exports have recorded a drastic fall of around 57 per cent in October 2002, as compared to October 2001. The exports in July-October 2002 were only...
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Dates demand picks up
KARACHI, Nov 12: There is encouraging demand for Pakistani dates from Bangladesh and Indonesia, countries that were recently visited by a delegation of dates exporters....
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50,000 bales change hands on cotton market
KARACHI, Nov 12: Panic mill buying continued for the second session in a row on the cotton market on Tuesday as the tussle to corner the floating stock of fine lots...
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Lifting of US ban on bedlinen sought
KARACHI, Nov 12: Pakistan Cloth Merchants’ Association (PCMA) chairman Ahmed Chinoy has demanded immediate lifting of restrictions imposed by the US on imports of bedlinen (category 666) from Pakistan....
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S. Arabia to privatize 20 vital sectors
RIYADH, Nov 12: In a bid to reform the economic structure of the country, Saudi Arabia has announced sweeping plans to privatize 20 vital economic sectors, including telecommunications, civil aviation, desalination,...
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SECP saves shareholders investment
ISLAMABAD, Nov 12: Securities and Exchange Commission of Pakistan has restrained Dreamworld Limited from passing a resolution in its Annual General Meeting (AGM) to make investment amounting to Rs32 million in...
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Investment moot
KARACHI, Nov 12: European Commission is considering to hold Asia Investment and Matchmaking Conference in Pakistan in 2003....
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Karachi Port operations
KARACHI, Nov 12: Six ships carrying coal, steel coils and containers are expected to arrive at the outer anchorage on Wednesday, according to KPT sources....
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Dollar resumes slide against euro, yen
LONDON, Nov 12: The dollar swung lower against other major currencies on Tuesday, sapped by concerns about the outlook for the US economy and corporate earnings, and signs Iraq may not...
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China exports up
BEIJING, Nov 12: China’s export growth topped 20 per cent in the first 10 months of the year against the same period of 2001, as the trade surplus widened to nearly...
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Palm oil prices firmer
KUALA LUMPUR, Nov 12: Malaysian crude palm oil futures were firmer on Tuesday but off the highs after players liquidated positions ahead of the USDA’s November supply/ demand report, traders said....
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‘CBR agrees to amend ginning rules 2002’
MULTAN, Nov 12: The Central Board of Revenue has reportedly agreed to incorporate certain changes in the draft of proposed ginning industry rules 2002, after negotiations with the ginners....
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