|
| December 15, 2002 | Sunday | Shawwal 10, 1423 |
|
WB sees Wapda cash shortfall at Rs30bn: Fiscal 2002-03
ISLAMABAD, Dec 14: The World Bank has estimated that Wapda’s cash shortfall will be close to Rs30 billion during 2002-03, to be eventually borne by the federal budget in the form... 
|
|
China invites Pakistanis to set up business: Transportation market
BEIJING, Dec 14: Pakistani transporters have been invited to set up business in China. An official of the Chinese Communication Ministry told APP here on Saturday that Pakistani transporters can find...
|
|
||
|
Tripartite moot to discuss usance bill
KARACHI, Dec 14: The Export Promotion Bureau (EPB) has convened a tripartite meeting on December 23 of State Bank of Pakistan (SBP), commercial banks and representatives of small and medium enterprises...
|
|
ZTBL to play important role, says Mehdi
ISLAMABAD, Dec 14: Zari Taraqiati Bank Ltd (ZTBL) will provide much needed shot for improving financial and operational efficiencies besides enhancing its role in the development of rural and agriculture sectors...
|
|
|
||
|
Salt export deal signed with US firm
ISLAMABAD, Dec 14: Pakistan Mineral Development Corporation (PMDC) has signed an export contract with Tech Gem Corporation of New York, for export of large quantity of rock salt....
|
|
Lending risks and affordable loans
KARACHI, Dec 14: Lenders want bankable projects and borrowers want affordable loans. And the enabling environment, particularly policy package of incentives for a kick-start for any sluggish business activity, has to...
|
|
|
||
|
SPI shows slight decline
ISLAMABAD, Dec 14: Sensitive Price Indicator (SPI) declined for the second consecutive week by 0.16 per cent during the week ending December 12, 2002, as compared to previous week, according to...
|
|
Japanese investors assured of cooperation
KARACHI, Dec 14: Industries and Production Minister Liaquat Ali Jatoi has assured Japanese businessmen of resolving their problems on priority basis....
|
|
|
||
|
Poland needs reforms to benefit from EU entry
WARSAW, Dec 14: Polish central bank Governor Leszek Balcerowicz warned on Saturday that economic gains from Poland’s historic European Union membership deal depended on completing deep structural and fiscal reforms....
|
|
European Union to reassure US on Iran trade
WASHINGTON, Dec 14: The European Union plans to offer the United States “very firm reassurances” that it will not sign a proposed trade agreement with Iran without progress on human rights...
|
|
|
||
|
Germany plans saving tax, wants offshore cash back
BERLIN, Dec 14: Germany will unveil plans on Monday to introduce a flat rate tax on bank savings and steps to encourage residents to bring money back from tax havens such...
|
|
IMF mission for Argentina
BUENOS AIRES, Dec 14: A new high-level International Monetary Fund mission will arrive in Argentina on Monday to continue marathon aid talks that have been stalled for the past month, government...
|
|
|
||
|
Dollar battered on security, economy concerns
NEW YORK, Dec 14: The dollar took a beating on Friday, falling to a near three-year low versus the euro and four-week low against the Japanese yen on heightened investor concerns...
|
|
Crackdown in cash-strapped Portugal nets 200m euros
LISBON, Dec 14: Portugal’s cash-strapped government, under pressure to bring its deficit to within euro-zone limits, put an extra 200 million euros into state coffers last month after a crackdown on...
|
|
|
||
|
Opec production lower in Nov: MEES
NICOSIA, Dec 14: After eight successive months of output increases, Opec production fell slightly in November although Iran recorded its highest figure for the year, the Middle East Economic Survey (MEES)...
|
|
Oil, gas quest moves to frontiers as costs rise
NEW YORK, Dec 14: Oil and gas companies dug deeper into their wallets last year to find fossil fuels as firms increasingly turned to new areas to replace supplies, analysts said...
|
|
|
||
|
Wall Street bonus season makes for bad Christmas
NEW YORK, Dec 14: Investment bankers lucky enough to have a job will have to take solace in their employment at the holidays, because firms like Merrill Lynch have signalled that...
|
|
Luxembourg optimistic about EU savings tax deal in Jan
BRUSSELS, Dec 14: Luxembourg Prime Minister Jean-Claude Juncker, the firmest opponent of planned EU savings tax laws, is optimistic about the chances of a deal and does not rule out an...
|
|
|
||
|
Oil prices rally on Venezuela strike
LONDON, Dec 14: Oil prices swung higher again this week as a strike crippled Venezuelan exports and the OPEC oil cartel agreed to curb output, while the shadow of Iraq loomed...
|
|
Bush likely to announce $300bn package
WASHINGTON, Dec 14: With a new economic team in place, President George W. Bush promised on Saturday to take measures to shore up economic growth and investor confidence, starting with the...
|
