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| February 4, 2003 | Tuesday | Zul Hijjah 2,1423 |
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DTRE flaws removed by EPB, says CBR chief
LAHORE, Feb 3: Full implementation of the Duty and Tax Remission on Exports (DTRE) scheme will leave no room for SRO 410 (allowing duty free import of inputs for export) or... 
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Freon-12 price rises to Rs325/kg
KARACHI, Feb 3: The price of refrigerant Freon-12 has gone up to Rs325 per kg from Rs120, causing heavy burden on the end users who now have to pay more....
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Govt retires expensive SBP credit
KARACHI, Feb 3: The government has retired a huge debt of the State Bank of Pakistan by borrowing money from the banks in the first half of this fiscal year. It...
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Deliver cars in two months or pay markup: Govt asks auto makers
PESHAWAR, Feb 3: The automobile manufacturing sector has been directed to ensure delivery of locally assembled cars in two months after the payment of advance at the time of placing orders...
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Manufacturing sector growth encouraging
PESHAWAR, Feb 3: Federal Minister for Industries and Production Liaquat Ali Jatoi has expressed the hope that the manufacturing sector would achieve 20 per cent target for its contribution to GDP...
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$ down 2.9pc in inter-bank; 3.7pc in kerb market
KARACHI, Feb 3: The US dollar remained stable last month but in seven months of this fiscal year to January 2003 it lost 2.9 per cent value in inter-bank market and...
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NCCC satisfied with credit expansion
KARACHI, Feb 3: The National Credit Consultative Council (NCCC) Monday expressed satisfaction over the overall monetary and credit developments in both government and non-government sectors during first half of current fiscal...
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TCP chief, sugar industry meeting today
KARACHI, Feb 3: The Chairman, Trading Corporation of Pakistan (TCP), Syed Masood Alam Rizvi, on Tuesday, is holding a meeting with sugar industry to lay down procedures for the purchase of...
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Bomb blast triggers fresh hasty selling
KARACHI, Feb 3: The KSE 100-share index plunged by another 73.58 points or three per cent as reports of a bomb blast in a posh area of the city triggered fresh...
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Plan to save crops from pest, diseases
ISLAMABAD, Feb 3: The government chalks out a comprehensive plan to control dangerous affects of insects, pests and diseases on plants adversely affecting the potential yields of crops and inflicting losses...
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Revenue collection at PQ up by 39pc in July-Jan
ISLAMABAD, Feb 3: The revenue collection at the Collectorate of Port Qasim (PQ) has increased by 39 per cent to Rs25 billion during July-January 2002-03 against the last year’s collection of...
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Phutti arrival figures
KARACHI, Feb 3: The over all volume of phutti arrival into ginneries remained slightly higher by 4.67 per cent over the corresponding period of last year....
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Bush proposes record deficit budget
WASHINGTON, Feb 3: US President George W. Bush unveiled on Monday a budget built on cutting taxes, fighting terrorism and beefing up the military, resulting in record deficits for the next...
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Karachi Port operations
KARACHI, Feb 3: Five ships carrying containers and crude oil are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
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Port Qasim
KARACHI, Feb 3: Three ships carrying general cargo, iron ore and containers arrived at the outer anchorage during the last 24 hours, says a PQA press release on Monday....
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ITBAK website launched
KARACHI, Feb 3: A launching ceremony of website of the Income Tax Bar...
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ATPF meeting from 7th
KARACHI, Feb 3: Export Promotion Bureau (EPB) will play host to the 16th Asian Trade Promotion Forum (ATPF) being held in Islamabad from February 7-8. The meeting will be inaugurated by...
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Panic buying on cotton market
KARACHI, Feb 3: Cotton prices on Monday stayed firm as arrival figures of phutti into the ginneries were well below the market expectations and brokers fear pressure on ready supplies during...
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Rice export likely to pick up
KARACHI, Feb 3: The rice trade was slow on low export demand during the past week, but the market may pick up given Indonesian interest in Irri-6 variety, traders said on...
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Dollar range-bound
LONDON, Feb 3: The dollar was trading in a narrow range against the euro on Monday, easing off earlier gains at the start of a testing week for the US currency...
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