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| March 7, 2003 | Friday | Muharram 3, 1424 |
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Alternative routes for exports lined up: Iraq war
ISLAMABAD, March 6: As part of a contingency plan, Pakistan has lined up alternative air and shipping routes to ensure uninterrupted export of its products if war breaks out in the... 
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Smuggled soaps eroding local industry share
KARACHI, March 6: Easy availability of imported and smuggled toilet soaps, soap noodles and laundry soaps at lower prices are fast eroding the market share of local manufacturers who are now...
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Importers ignore free fall of forward $ rates
KARACHI, March 6: Importers now prefer to import goods mostly on deferred payment rather than for cash to get the dual benefit of lower interest rates—and higher exchange rates of the...
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Proposal to set up more dry ports under study
ISLAMABAD, March 6: The government is considering a proposal to establish more dry ports in main cities aimed at promoting trading activities in the country....
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KSE to challenge grant of licence to PEX
KARACHI, March 6: The Board of Directors of the Karachi Stock Exchange opted by majority vote to take the battle against the granting of licence to PEX Limited for setting up...
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Trade gap swells by 28.24pc in 8 months
ISLAMABAD, March 6: Trade deficit jumped by 28.24 per cent to $841.19 million during the 8-month period, July-February 2002-03, as compared to the corresponding period of previous year....
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NTC begins probe into pharma raw item dumping
ISLAMABAD, March 6: National Tariff Commission (NTC) has initiated an investigation into alleged dumping of Sorbitol, an ingredient of pharmaceutical products, etc., by the exporters from France and Indonesia....
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US reduces duties on hand-made carpets
WASHINGTON, March 6: The US Congress has adopted legislation normalizing trade relations with Serbia and Montenegro and eliminating customs duties on some imports from developing countries....
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Second-hand car import ruled out
ISLAMABAD, March 6: The multinational automobile companies would wind up their business in Pakistan if the import of reconditioned cars was allowed by the government....
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TCP to buy 50,000 tons of rice
KARACHI, March 6: The Trading Corporation of Pakistan (TCP) has floated a tender for the purchase of 50,000 tons of Irri-6 parboiled rice for export purposes....
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Stocks extend overnight recovery
KARACHI, March 6: Stocks on Thursday extended the overnight recovery boosted by a record cut in T-bill yield rates and above market expectations interim dividend by Hub-Power....
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NWFP pays Rs5.7bn expensive loans
PESHAWAR, March 6: The NWFP government got rid of Rs5.7bn expensive loans at the start of the current financial year resulting into lowering of its monthly debt repayment instalment by about...
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Code of conduct for surveyors, loss adjusters
ISLAMABAD, March 6: The Securities and Exchange Commission of Pakistan here on Thursday unveiled a Code of Conduct to be followed by surveyors and loss adjusters in order to bring about...
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Karachi Port operations
KARACHI, March 6: Seven ships carrying crude oil, high speed diesel and chemicals are expected to arrive at the outer anchorage on Friday, according to KPT sources....
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Plea to develop merchant fleet
KARACHI, March 6: Pakistan is spending $2 billion every year on account of freight charges to foreign shipping companies....
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Ginners not ready to lower asking prices
KARACHI, March 6: Trading activity on the cotton market on Thursday fell to a modest proportions as ginners held on to their positions and did not lower the asking prices below...
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‘Law, order main hurdle to investment’
KARACHI, March 6: Consul General of Japan, Kanji Hanagata on Thursday said that Pakistan offered great potential for investment but law and order situation was the main stumbling block....
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Palm oil prices
KUALA LUMPUR, March 6: Malaysian palm oil futures bounced back from four-month lows on Thursday as buyers returned to a market dented a day earlier by a lack of leads....
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