Jobless, poverty may top agenda: First cabinet meeting
KARACHI, Nov 25: Rising unemployment and growing poverty in the country are expected to be the dominating issues of the first cabinet meeting of the multi parties coalition government led by...
MoC allows export of kinoo in crates
KARACHI, Nov 25: The Ministry of Commerce has finally given a go-ahead signal for export of kinoo in wooden crates. The ministry took the decision on November 22 after examining the...
LTU posts 39pc increase in ST collection
KARACHI, Nov 25: The newly established Large Taxpayers Unit (LTU) has registered higher growth in revenue collection during the first quarter (July-Sept) of current fiscal 2002-03. Whereas collection in sales tax...
Two exchange companies set to start operations
KARACHI, Nov 25: NBP Exchange Company Ltd has got the State Bank licence to work as a foreign exchange company and its management says the company will start operations from January...
Saudi Pak approves Rs490m for 13 firms
ISLAMABAD, Nov 25: The 81st board of directors meeting of Saudi Pak Industrial and Agricultural Investment Company Limited approved a total financing of Rs490 million to 13 companies in manufacturing services...
Pakistan to export 0.1m tons of dates
KARACHI, Nov 25: Pakistan is set to export a record 100,000 tons of dates during 2002-03 after harvesting a bumper crop this year....
Gold prices retreat
LONDON, Nov 25: Gold extended its slide in London on Monday after COMEX profit-takers squared their positions ahead of a two-day holiday later this week in the United States....
Rs220m financing syndicated
ISLAMABAD, Nov 25: Saudi Pak Industrial and Agricultural Investment Company has syndicated a term finance facility to the tune of Rs220 million to meet the cost of balancing, modernization, replacement and...
Incomplete returns: CBR plans action
ISLAMABAD, Nov 25: The Central Board of Revenue has decided to issue notices to all those taxpayers who have filed incomplete income tax returns during the current financial year....
Public sector unit heads meeting called
ISLAMABAD, Nov 25: Industries and Production Minister Liaqat Ali Jatoi has called a meeting of heads of all public sector industrial units on Tuesday to evaluate their three-year performance....
KSE 100-share index manages to recover 10.45 points
KARACHI, Nov 25: Stocks on Monday shrugged off the previous hesitancy as investors were back in the market and covered positions at the lower levels aided by the revival of financial...
EU to liberalize markets by 2007: Electricity, gas
BRUSSELS, Nov 25: The European Union agreed on Monday to completely liberalize its electricity and gas markets by mid-2007 as France relented in its resistance to the plan....
SPI shows decrease
ISLAMABAD, Nov 25: The Sensitive Price Indicator registered a decrease of 0.95 per cent during the week ending November 21, as compared to previous week, according to the weekly price data...
New NWFP govt to appoint BoK MD
PESHAWAR, Nov 25: Decision to fill the vacant post of managing director of Bank of Khyber would now be taken by the new NWFP government, apparently, blocking the move on the...
Buying spree continues on cotton market
KARACHI, Nov 25: Cotton market on Monday resumed trading on a firm note as prices remained stable at the weekend levels amid an actively traded session thanks to strong presence of...
Karachi Port operations
KARACHI, Nov 25: Eight ships carrying containers, general cargo and crude oil are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
Privatization
NEW DELHI, Nov 25: India’s minister in charge of privatization, Arun Shourie, said on Monday that 54 state firms had been identified in which the government was planning to sell equity...
Trade bodies greet new cabinet
KARACHI, Nov 25: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has congratulated the members of the newly-elected Cabinet....
Port Qasim
KARACHI, Nov 25: Two ships scheduled to load and offload wheat and iron ore were allotted berths at Multipurpose Terminal and Steel Jetty during the last 24 hours, says a PQA...
Palm oil prices
KUALA LUMPUR, Nov 25: Malaysian palm oil futures ended lower after shipment estimates released on Monday reinforced expectations that the market was headed for its first month of weak exports since...