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| May 21, 2003 | Wednesday | Rabi-ul-Awwal 18,1424 |
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More developing states lodge protest with WTO: US, Europe cotton subsidies
KARACHI, May 20: More developing countries have lodged complaint with the World Trade Organization (WTO) against the subsidies being paid to cotton growers in the US and Europe.... 
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Fixed support price for cotton sought
ISLAMABAD, May 20: The government should fix a support price of raw cotton and arrange to lift at least 1 to 1.5 million tons of cotton from the farmers immediately after...
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Banks asked to take calculated risks: Farm credit
KARACHI, May 20: Prime Minister Mir Zafarullah Khan Jamali on Tuesday asked banks to take calculated risks and lend more money to the agricultural sector....
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Gold prices rise by Rs527
KARACHI, May 20: Gold prices in local bullion market surged by Rs527 per 10 grams in the last 20 days to Rs6,875 from Rs6,348 in view of rising prices in world...
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NIT profits show 28pc rise in 9 months
LAHORE, May 20: The NIT’s profits for the first three quarters of the current fiscal year ended on March 31 have grown by 28.2 per cent to Rs2.161 billion from Rs1.685...
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Industrial POL offtake up by 1.7 per cent
KARACHI, May 20: Industrial consumption of petrol, oil and lubricants rose by 1.7 er cent during July-March 2002-03 to 12.640 million tons from 12.433 million tons consumed in the same period...
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10-year tax holiday for EPZs on cards
ISLAMABAD, May 20: The government has decided to provide 10- year tax exemption and reduce all rentals and security charges by 50 per cent for investments and commercial operations in the...
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6 more NOCs issued to exchange companies
KARACHI, May 20: The State Bank on Tuesday issued no objection certificates to six more foreign exchange companies. This has raised to 20 the number of the companies that have so...
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Soft term financing
KARACHI, May 20: Islamic Development Bank (IDB) has offered soft term financing facilities to Trading Corporation of Pakistan (TCP) to fund its sugar export business....
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Deadlock on LFO takes steam out of stock market
KARACHI, May 20: Stocks on Tuesday fell across a broad front on snap selling triggered by conflicting reports about the outcome of talks between the government and the opposition teams on...
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NWFP may miss own receipts target
PESHAWAR, May 20: The NWFP government may miss the annual target of the provincial own receipts with a big margin after achieving about 55 per cent of the total annual revenue...
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Karachi Port operations
KARACHI, May 20: Six ships carrying containers, general cargo, chemicals and to load molasses are expected to arrive at the outer anchorage on Wednesday, according to KPT sources....
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Firmer trend on cotton market
KARACHI, May 20: Cotton market on Tuesday showed quietly steady trend as ginners and spinners held on to their positions apparently awaiting fresh developments on the world textile front....
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$46m investment in petroleum sector
ISLAMABAD, May 20: Petroleum Minister Nouraiz Shakoor on Tuesday said the government attracted $46 million investment in oil and gas by granting 10 petroleum concession licenses to foreign exploration companies during...
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SLIC acting chairman
KARACHI, May 20: Muhammad Latif has taken over as acting chairman of State Life Insurance Corporation on completion of three years term as chairman of Samee-ul-Hasan....
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Commerce secretary
ISLAMABAD, May 20: Kamal Afsar on Tuesday formally joined the ministry of commerce as its secretary....
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