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| February 5, 2003 | Wednesday | Zul Hijjah 3,1423 |
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Investors to get all facilities in 3 days: One Desk Operation
ISLAMABAD, Feb 4: The government has decided to set up “One Desk Operation” to offer all kinds of infrastructure facilities to the investors within three days.... 
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JCC moot on Qatar gas project in April
KARACHI, Feb 4: The second meeting of Joint Coordination Committee (JCC) between the representatives of Crescent Petroleum of Sharjah, Qatar and Pakistani government officials will be held in April in Pakistan...
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SBP mops up Rs43.9bn thru T-bills: Yield falls further
KARACHI, Feb 4: Projection works — and it pays too: The State Bank did realize this on Tuesday when the banks did not go as crazy for buying treasury bills as...
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Merger plan for two more leasing companies ready: Minimum capital requirement
KARACHI, Feb 4: Mergers and Acquisitions (M&A) activity in the leasing sector has intensified as companies scramble to meet the minimum capital requirement as well as to grow tall and strong...
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ISE installs ultra trading system
ISLAMABAD, Feb 4: Islamabad Stock Exchange has installed ultra trading system from the current week and, consequently, has come at par with the other stock exchanges of Pakistan, ISE Chairman Ch...
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Rs429.8m refund scam averted
ISLAMABAD, Feb 4: The tax authorities have claimed to have detected 14850 fake documents through the newly established automated refund system during the last four months preventing undue refunds....
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Pakistan, Russia business council
KARACHI, Feb 4: Consul General of the Russian Federation Vladimir P Mikhaylov said on Tuesday that time has come to form Pakistan-Russia Business Council for the promotion of trade and mutual...
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Ishrat for modernizing ginneries
MULTAN, Feb 4: The governor, State Bank, Dr Ishrat Hussain has underlined the need of modernizing ginneries to produce contamination-free quality cotton....
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Stocks recover amid confusion about future outlook
KARACHI, Feb 4: Stocks on Tuesday resisted fresh declines and ended partially recovered under the lead of oil giants and blue chips on the other counters followed by active short-covering at...
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Prices continue upward drive on cotton market
KARACHI, Feb 4: Cotton prices on Tuesday tended further higher as fears of a short crop continued to inspire strong mill buying but ginners were reluctant sellers and held on to...
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Karachi Port operations
KARACHI, Feb 4: Five ships carrying containers and to load ethanol and molasses are expected to arrive at the outer anchorage on Wednesday, according to KPT sources....
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PIA fleet replacement plan
KARACHI, Feb 4: The PIA fleet replacement plan, inducting 8 Boeing 777s in 8 years, would cost $1.6 billion....
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Condition waived
ISLAMABAD, Feb 4: The Central Board of Revenue has waived the conditions for manufacturers of soap for claiming duty exemption on sulphuric acid....
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PCMA proposes amendments in DTRE
KARACHI, Feb 4: Pakistan Cloth Merchants Association (PCMA) chairman Ahmed Chinoy has said that although the Duty and Tax Remission for Export (DTRE) system is beneficial for export, the exporters are...
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Fuel oil
SINGAPORE, Feb 4: Pakistan State Oil (PSO) has bought via tender 380,000 tons of fuel oil from traders Fal, Trafigura and Hascombe, for spot delivery from February to April, traders said...
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Rebate on different made-ups allowed
ISLAMABAD, Feb 4: The Central Board of Revenue (CBR) has allowed the exporters to claim rebate on export of various kinds of made-ups....
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