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| January 16, 2003 | Thursday | Ziqa'ad 12, 1423 |
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Provinces fail to implement incentives: National housing policy
KARACHI, Jan 15: The provincial governments failure to implement incentives, such as reduction in stamp duties and registration fee, announced in National Housing Policy 2001, continues to block the revival of... 
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Bank loans to private sector up by 49pc
KARACHI, Jan 15: Banks’ rising liquidity driven by remittance inflows and falling interest rates has triggered a sharp recovery in loan disbursement to the private sector in the last six months,...
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Govt may grant 3 phone licences
KARACHI, Jan 15: Pakistan is likely to grant three fixed-line licences by March for nationwide and long-distance phone calls under a policy to deregulate the telecommunication sector, a regulator said on...
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NBP to start wholesale leasing: Electronic goods
KARACHI, Jan 15: National Bank is set to lease out, in bulk, televisions/mobile phones/computer monitors and other things to the employees of big state-run corporations like KESC and PTCL as well...
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Bulls take index up by 100 points to 2,950 level
KARACHI, Jan 15: The KSE 100-share index on Wednesday soared by 3.52 per cent or 100 points and settled firmly above the barrier of 2,900 points followed by massive short-covering in...
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INS rules to hit textile exports
KARACHI, Jan 15: Pakistani business leaders fear key textile exports to the United States will suffer as a result of contentious new US immigration rules requiring Pakistanis to submit to rigorous...
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LSE badla rate goes up to 45pc in a month
LAHORE, Jan 15: The badla rate in Lahore went up to 45 per cent on Wednesday in just one month from 15 per cent on December 15 as the badla market...
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Recourse to anti-dumping mechanism increases
ISLAMABAD, Jan 15: A two-day seminar on Anti-dumping Law and Practice for the benefit of industrialists and business firms commenced at the National Tariff Commission (NTC) here on Wednesday....
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Clarification
ISLAMABAD, Jan 15: The Orient Petroleum Inc has clarified that its joint ventures with Zaver Petroleum were the successful as the work programme committed for the Sakhi Sarwar Block was the...
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Pakistan, Singapore trade ties
LAHORE, Jan 15: Pakistan Trade Centre established at Singapore has immense potential to increase Pakistani exports to this South East Asian country, said Dr Toh See Kiat, the leader of the...
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SME Bank launches new projects
ISLAMABAD, Jan 15: To support and develop Small and Medium Enterprises sector in country, SME Bank has launched its new projects under “Hunarmand Pakistani Programme”....
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Prices show upward trend on cotton market
KARACHI, Jan 15: Firm conditions were again witnessed on the cotton market on Wednesday as ginners further raised their asking prices ahead of Pakistan Cotton Ginners Association’s phutti arrival figures for...
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Ishrat asks ISE to lure investors
ISLAMABAD, Jan 15: The governor of the State Bank, Dr Ishrat Hussain, during a visit to the Islamabad Stock Exchange here on Wednesday, advised its Board of Directors to get in...
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Bangladesh banks asked to write off bad loans
DHAKA, Jan 15: Bangladesh Bank, the country’s central bank, has directed the commercial banks to write off bad loans over five years old immediately....
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NBP rates of return
KARACHI, Jan 15: The National Bank on Wednesday declared half- yearly rates of return ending on December 31, 2002, says a press release....
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Karachi Port operations
KARACHI, Jan 15: Five ships carrying containers, crude oil, jute and to load molasses are due to arrive at the outer anchorage on Thursday, according to KPT sources....
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Dollar edges higher
LONDON, Jan 15: The dollar edged higher on Wednesday as hopes that the US economy and stocks may be on the road to recovery received a faint boost overnight, helping offset...
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Palm oil futures sag
KUALA LUMPUR, Jan 15: Malaysia’s palm oil futures sagged on Wednesday due to a technical correction and disappointing exports data for the first 15 days of January, traders said....
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PKIC gets corporate governance rating
KARACHI, Jan 15: JCR-VIS credit rating company has assigned a corporate governance rating of CGR-8 to Pakistan-Kuwait Investment Company (PKIC), says a press release adding that this is the first such...
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CU Managed Fund
KARACHI, Jan 15: Commercial Union Life Assurance Co (Pakistan) Ltd has announced that the Offer and Bid Prices for the insured units of its Managed Fund effective from January 16 are...
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