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  DAWN - the Internet Edition



February 18, 2003 Tuesday Zul Hijjah 16, 1423

FXCM


Business


Edible oils import bill stands at $304m
ISLAMABAD, Feb 17: Edible oils import bill went up by 26.40 per cent to nearly $304 million during the first seven months of 2002-03....
Complete Story
Balochistan intends to purchase PPL
QUETTA, Feb 17: The Balochistan government would purchase the ownership of the Pakistan Petroleum Limited (PPL) and would approach Islamabad for talks in this regard....
Complete Story
CPI surges 3.53pc in seven months
ISLAMABAD, Feb 17: Inflation (Consumer Price Index) jumped by 3.53 per cent during July-January period of 2002-03, over the corresponding period of previous year, says the monthly review of price indices...
Complete Story
SECP capacity to regulate capital market enhanced
KARACHI, Feb 17: The third annual report of the Securities and Exchange Commission of Pakistan (SECP), released recently, highlights major achievements and developments during the year from July 1, 2001 to...
Complete Story


Stocks stage smart recovery of 91.33 points
KARACHI, Feb 17: Stocks on Monday staged a smart recovery as the post-Eid holiday session witnessed an avalanche of buystops at the lower levels but there was no matching selling from...
Complete Story
Polyester fibre goes up by Rs10
FAISALABAD, Feb 17: An abrupt increase of Rs10 per kg in polyester fibre prices has jolted the business activities in the local cotton yarn market....
Complete Story
Remittances rise by 117.6pc in July-Jan
KARACHI, Feb 17: The State Bank of Pakistan said on Monday foreign exchange inflows through banks rose to $2.531 billion in the first seven months (July-Jan) of 2002-03 from $1.163 billion...
Complete Story
Hike in PSF price criticized
KARACHI, Feb 17: The vice chairman, Aptma, Junaid Nawab has criticized the unprecedented increase in prices of polyester staple fibre, which after cotton is the most important raw material for textile...
Complete Story


NWFP set to miss abiana target
PESHAWAR, Feb 17: The NWFP government is set to miss annual target under its vital non-tax receipt head of abiana (water rate) in view of negligible revenue raised under this head...
Complete Story
Price war continues on cotton market
KARACHI, Feb 17: Cotton market on Monday opened on a higher note as prevailing price war among the ginners and the spinners continued to have an adverse impact on physical trading....
Complete Story
Banned nets: fish landing at port on decline
KARACHI, Feb 17: Minister for Fisheries and Livestock Sardar Manzoor Ali Khan Panhwar has issued directives to the concerned authorities to devise strategy to prevent use of banned nets, Bhuloo, Gujjo...
Complete Story
Ogra hearing today
ISLAMABAD, Feb 17: The Oil and Gas Regulatory Authority (Ogra) would decide on Tuesday whether to grant Rs5.6638 per thousand cubic feet increase in prescribed price of natural gas to Sui...
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Textile industry problems discussed
KARACHI, Feb 17: Federal Minister for Industries and Production Liaquat Ali Jatoi on Monday resolved to remove all the irritants being faced by textile industry....
Complete Story
Oil output quotas
LONDON, Feb 17: Opec will probably agree temporarily to suspend output quotas and pump at will if an attack on Iraq halts exports from the world’s eighth largest exporter, an Opec...
Complete Story
Auto parts team for Korea
KARACHI, Feb 17: Korean Trade Organization (KOTRA) and Dewan Farooque Motors Limited (DFML) have jointly sponsored and organized a delegation of Pakistan’s auto parts manufacturers to Korea....
Complete Story
Karachi Port operations
KARACHI, Feb 17: Half a dozen vessels carrying DAP fertilizer, containers and to load molasses are expected to arrive at the outer anchorage on Tuesday, according to KPT sources....
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Currency export
KARACHI, Feb 17: Forex Association of Pakistan, on Monday said that the State Bank has allowed money changers to export currencies up to March 15....
Complete Story
Dollar higher against euro
LONDON, Feb 17: The dollar forged higher against the euro on Monday after UN arms experts won more time for inspections in Iraq and millions of anti-war protesters took to the...
Complete Story
Malaysian palm oil up
KUALA LUMPUR, Feb 17: Malaysian palm oil futures ended firm on Monday as players felt less fearful of a possible war in Iraq and more confident that exports in second half...
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FTA
SINGAPORE, Feb 17: Singapore and Australia signed a wide-ranging free trade agreement on Monday, eliminating tariffs and opening up market access for services. Singapore’s Trade Minister George Yeo and his Australian...
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