Low Graphics Site

February 25, 2003 Tuesday Zul Hijjah 23, 1423 Industrial credit on reduced mark-up: Proposal finalized ISLAMABAD, Feb 24: The ministry of commerce has finalized a proposal to extend increased industrial credit to the businessmen on reduced interest rate.... Shaukat heading for 2nd term as finance minister KARACHI, Feb 24: Shaukat Aziz is almost certain to be named Pakistan’s finance minister for a second term if he wins a Senate election, in an appointment likely to be well-received... CDC cuts security deposit by 50pc KARACHI, Feb 24: A major impediment that discouraged the companies to join Central Depository System (CDS), despite being declared ‘eligible’, was removed by the Securities and Exchange Commission of Pakistan (SECP)... Anti-money laundering measures in NBFIs ISLAMABAD, Feb 24: The Securities and Exchange Commission of Pakistan (SECP) has taken further measures for strengthening regulatory framework to minimize the possibility of money laundering in the non-bank financial sector.... PICIC offers interim cash dividend KARACHI, Feb 24: Pakistan Industrial Credit and Investment Corporation (PICIC) has declared a 12.5 per cent interim cash dividend for the first time in its history.... Single country fair in Bahrain ISLAMABAD, Feb 24: Pakistan will organize single country exhibition in Bahrain next month to introduce its products and attract foreign investment.... Henna powder Export finance allowed KARACHI, Feb 24: The State Bank has told all commercial banks that refinance facility may be allowed against export of henna powder under the export finance scheme.... Investment KARACHI, Feb 24: The honorary Consul General of Mozambique, Khalid Tawab, on Monday said that there existed tremendous potential and opportunities for investment and industrialization in Mozambique, especially in the textile... Oil prices up LONDON, Feb 24: Oil prices raced higher on Monday as Washington readied a draft resolution to put to the UN Security Council to disarm Iraq by force, and as the US... Fears of law, order trigger hasty selling on KSE KARACHI, Feb 24: Stocks on Monday fell across a broad front owing to hasty selling triggered by fears of law and order situation in the backdrop of Saturday killings of nine... US attack on Iraq to create energy crisis RIYADH, Feb 24: The United States is moving ahead with its plans to wage a war on Iraq at a time when the oil supply and demand equation is already under... Cotton prices maintain upward move KARACHI, Feb 24: Cotton on Monday became more expensive as ginners further raised their asking prices after spinners and exporters flooded the market with fresh buying orders.... EU to revive pressure on US: Trade row BRUSSELS, Feb 24: The European Commission will revive pressure on the United States this week in a long-running trade row by presenting its final plans for sanctions worth $4 billion, Commission... Karachi Port operations KARACHI, Feb 24: Three ships carrying chemicals and containers are due to arrive at the outer anchorage on Tuesday, according to KPT sources.... Yen higher against dollar LONDON, Feb 24: The yen climbed against other leading currenies on Monday after Japanese Prime Minister Junichiro Koizumi named moderate Toshihiko Fukui as the new Bank of Japan (BoJ) governor.... Palm oil ends flat KUALA LUMPUR, Feb 24: Malaysia’s palm oil futures held in a narrow trading range on Monday, ending on a flat note ahead of the release of fresh exports estimates, traders said.... Commodity exchange by May LAHORE, Feb 24: Pakistan’s first ever commodity exchange is expected to get functional during the month of May.... Aptma seeks release of withheld refunds ISLAMABAD, Feb 24: All Pakistan Textiles Mills Association (Aptma) has asked the government for early release of withheld sales tax and income tax refunds.... EU banks FRANKFURT, Feb 24: The European banking system is well positioned to withstand an European economic slowdown as well as any shock from a possible war with Iraq, despite recent big bank... Commodity markets MULTAN, Feb 24: The following are Monday’s upcountry commodity market rates in rupees:...

Contributions Privacy Policy © DAWN Group of Newspapers, 2005