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DINA
  DAWN - the Internet Edition



December 4, 2002 Wednesday Ramazan 28,1423

FXCM


Business


Steel industry faces uneven competition
KARACHI, Dec 3: Why is it that every US dignitary visiting Pakistan makes it a point to show up at the Lahore University of Management Sciences (LUMS) where quite a few...
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Shaukat assures consistency in policies
KARACHI, Dec 3: Shaukat Aziz, adviser to the Prime Minister on Finance & Economic Affairs told the Karachi Stock Exchange on Tuesday that the government was heading in the direction which...
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Developing states reject US zero tariff plan
GENEVA, Dec 3: Developing countries on Monday rejected a US call at world trade talks to abolish tariffs on industrial and consumer goods by 2015, saying it would hurt poorer states...
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Legal movement of rupees into Kabul allowed KARACHI, Dec 3: The non-governmental organizations and the UN and other donor agencies operating in Afghanistan can now fund their activities with ease....
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Exports to undergo scrutiny in US
KARACHI, Dec 3: The US Customs Service has announced new disciplines and procedures for shipment to the US with heavy penalties to exporters on violation....
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Jatoi suggests steps to improve investment
ISLAMABAD, Dec 3: Federal Minister for Industries and Production Liaqat Ali Jatoi issued fresh guidelines on investors facilitation and investment promotion during his visit to the Board of Investment (BoI), here...
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Govt to focus on employment, poverty
KARACHI, Dec 3: Prime Minister Mir Zafarullah Jamali wants Shaukat Aziz, adviser to the PM on economic affairs, to focus on economic policies that could generate jobs, minimize sufferings of the...
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Goods declaration system at PQ launched
ISLAMABAD, Dec 3: The Central Board of Revenue (CBR) has introduced first ever Pakistan Goods Declaration (PGD) system at Port Muhammad Bin Qasim for speedy clearance of cargo....
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Eurozone growth prospects still grim
BRUSSELS, Dec 3: Senior eurozone officials are painting a grim picture of the currency bloc’s growth prospects ahead of a much-anticipated European Central Bank move later this week to slash interest...
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Geopolitical instability hits economies
KARACHI, Dec 3: Geopolitical instability provoked by international terrorism and the Iraq crisis has resulted in a sharp deterioration in the world economic climate, an international survey of business opinion for...
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Livestock export pushes meat price higher
KARACHI, Dec 3: A sudden rise in export of livestock for over one year has not only pushed meat prices higher in the domestic market but has also deprived the tanning...
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Prices move up on cotton market
KARACHI, Dec 3: Cotton market on Tuesday maintained a firm trend as ginners raised their asking prices followed by reports of a substantial fall in arrivals of phutti into the ginneries....
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Karachi Port operations
KARACHI, Dec 3: Three ships carrying containers and tallow are expected to arrive at the outer anchorage on Wednesday, according to KPT sources....
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PVMA seeks action against producers: Harmful ghee
LAHORE, Dec 3: The Pakistan Vanaspati Manufacturers Association (PVMA) has urged the government to take strong action for curbing poor and bad manufacturing practices by unregistered ghee producers playing with people’s...
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Refund of Rs4.466m ordered
ISLAMABAD, Dec 3: The Federal Tax Ombudsman (FTO), Justice Saleem Akhtar, has directed the Central Board of Revenue (CBR) to refund Rs4.466 million to a complainant immediately....
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Drawback on modal fibre
ISLAMABAD, Dec 3: The Central Board of Revenue (CBR) has allowed exporters to claim duty drawback on export of modal fibre yarn to boost its exports....
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ABL anniversary
KARACHI, Dec 3: The celebrations of the 60th anniversary of Allied Bank started on Tuesday with the bank employees offering prayers and reciting the Holy Quran at the central office here....
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Czech privatization flops costing economy dearly
PRAGUE, Dec 3: Several bungled privatizations are costing the Czech government dearly ahead of the country’s entry into the European Union in 2004, risking delays in needed infrastructure investments and even...
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Japan banks hit by $16.1bn new bad loans
TOKYO, Dec 3: Japan’s 12 major banks saw the emergence of two trillion yen (16.1 billion dollars) in new nonperforming loans in the fiscal first half through September, a report said...
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Malaysian palm oil ends flat
KUALA LUMPUR, Dec 3: Malaysian palm oil futures were flat at the close on Tuesday, weighed down by a sagging Chicago soy market as news about India’s decision to lift base...
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