Low Graphics Site

December 1, 2002 Sunday Ramazan 25,1423 Shaukat wants banks to cut lending rates: Reforms to continue KARACHI, Nov 30: Banks must learn to survive. The time is gone when they were making millions by investing the bulk of surplus money into treasury bills and other government securities.... Grindlays merged in Standard Chartered KARACHI, Nov 30: The merger of Pakistan operations of Grindlays with Standard Chartered Bank has been successfully concluded and the amalgamated entity would be known as Standard Chartered Bank, effective December... Tax collection stands at Rs155.1bn ISLAMABAD, Nov 30: Revenue collection has registered a growth of 14.5 per cent in July-November to Rs155.1 billion against Rs135.5 billion revenue collected during the same period of 2001-02.... Petrol, diesel prices cut by 6-6.4pc KARACHI, Nov 30: The Oil Companies Advisory Committee (OCAC) has reduced the price of petrol by 6 per cent or Rs1.93 per litre besides reducing prices of other products by 2.88... 500 business concerns registered with EOBI KARACHI, Nov 30: Over 500 new industrial and business establishments have registered themselves with the Employees’ Old-Age Benefits Institution (EOBI) by availing the amnesty scheme offered by the Institution. It is... PIDC asked to develop two estates KARACHI, Nov 30: Industries and Production Minister Liaquat Ali Jatoi on Saturday asked PIDC to convert its vacant plots at Korangi and Javedan Cement factory into industrial estates with “one desk... Political reforms and economic growth KARACHI, Nov 30: The political reforms designed by the military regime to create stability and sustained economic development has been put to a critical test.... Sugar mills urged to start crushing KARACHI, Nov 30: Industries and Production Minister Liaquat Ali Jatoi has advised the sugar mills to start crushing in the national interest and assured that their genuine problems will be solved... Ferozsons Laboratories KARACHI, Nov 30: The directors’ annual report 2002 conveys to the shareholders, all that essentially must fall as pieces of good news: that the pharmaceutical market exhibited increased growth rate of... Duty on CNG kits notified ISLAMABAD, Nov 30: The Central Board of Revenue has notified 5 per cent customs duty on the import of Compressed Natural Gas (CNG) machinery, compressors, conversion kits and cylinders.... SECP ready to regulate NBFIs ISLAMABAD, Nov 30: Securities and Exchange Commission of Pakistan has finalized all arrangements to assume the responsibility of regulating the entire Non-Banking Financial Sector from December 1 under the powers vested... United Airlines likely to file for bankruptcy CHICAGO, Nov 30: United Airlines is likely to file for bankruptcy within the next two weeks unless it can get a new wage-cut deal from reluctant mechanics soon and a crucial... Bush cuts federal workers pay hikes CRAWFORD, Nov 30: Declaring large pay hikes for government employees would threaten US efforts in the war on terrorism, President George W. Bush on Friday scaled back raises most civilian workers... Conversion of PS debts into equity assured KARACHI, Nov 30: Industries and Production Minister Liaquat Ali Jatoi has appreciated Pakistan Steel for overcoming losses and gaining profitability in a short span of time and asked other industrial concerns... Exporters resent delay in ST refund FAISALABAD, Nov 30: Textile exporters are unable to book fresh export orders as over Rs1,500 million are stuck up in sales tax refund.... Polish jobless KRAKOW, Poland, Nov 30: Polish unemployment may inch up in November from 17.5 per cent in October, but should not exceed 18 per cent at the end of 2002, in line... Ukraine, China trade exceeds $1bn KIEV, Nov 30: Trade between Ukraine and China is set to exceed a billion dollars (euros) in 2002, Ukrainian Prime Minister Viktor Yanukovitch was quoted on Saturday by Interfax news agency... ‘S. Arabia 2003 budget set on $17.50 oil price’ RIYADH, Nov 30: Oil power Saudi Arabia has based its 2003 budget on a price of about $17.50 a barrel for its oil versus an actual value of $23.30 in 2002,... Future of Indian privatization in hands of PM NEW DELHI, Nov 30: The future of India’s stalled privatization programme depends on Prime Minister Atal Behari Vajpayee and his deputy Lal Krishna Advani, privatisation minister Arun Shourie said on Saturday.... Singapore-Japan FTA pact takes effect SINGAPORE, Nov 30: The Japan-Singapore free trade agreement (FTA), which opens up trade and investment between the two countries, but excludes the sensitive issue of agriculture, came into effect on Saturday,...

Contributions Privacy Policy © DAWN Group of Newspapers, 2005