Jamali announces incentives for KEPZ
KARACHI, May 22: Prime Minister Mir Zafarullah Jamali on Thursday announced certain incentives for the Karachi Export Processing Zone and assured consistency in policies for attracting foreign investment....
5.3pc growth target likely for 2003-04
KARACHI, May 22: The government is tentatively targeting an economic growth rate of 5.3 per cent during 2003-04 based on expectations that manufacturing sector would grow by 7.8 per cent and...
Qatar prince calls on Musharraf
ISLAMABAD, May 22: Sheikh Abdul Rahman bin Nasser bin Jasim Al-Thani, a prince of the ruling family of Qatar, a prominent businessman with an array of investment projects in Egypt, Syria,...
Trade team to visit India on June 27
NEW DELHI, May 22: A Pakistani trade delegation is expected to arrive here on a two-day visit from June 27-28, Press Trust of India said on Thursday....
Turkish PM may lead trade team to Pakistan
KARACHI, May 22: The Turkish prime minister is expected to visit Pakistan in middle of June as the head of around 100 government as well as private sector businessmen....
Low deposit return may take toll on insurance
KARACHI, May 22: Insurance companies may have to charge higher premiums if the interest rates do not stabilize and they continue to get lower return on their short-term bank deposits....
NWFP misses abiana target
PESHAWAR, May 22: The NWFP government recorded massive shortfall in the recovery of abiana during the first nine months of the current financial year, according to sources....
Doha round at serious risk: WB
BANGALORE, May 22: The success of global trade liberalisation talks is at “serious” risk unless rich countries dismantle trade barriers and grant market access to developing nations, a World Bank official...
Oil prices fall
LONDON, May 22: Oil prices fell on Thursday as the lifting of UN sanctions on Iraq paved the way for a resumption of the country’s crude exports, though analysts warned Iraqi...
KSE index touches new peak
KARACHI, May 22: Stocks on Thursday posted fresh widespread gains as investors continued to build-up long positions on all the counters ignoring perceptions of a negative political fallout of the current...
Irritants in tax system
ISLAMABAD, May 22: The Federal Tax Ombudsman (FTO) has detected various kinds of irritants in tax administration causing genuine discontent among the taxpayers....
Karachi Port operations
KARACHI, May 22: Four ships carrying chemicals, general cargo and containers are due to arrive at the outer anchorage on Friday, according to KPT sources....
France, Iran sign investment agreement
PARIS, May 22: French minister for external trade Francois Loos has been to Iran as part of a wide-ranging two-week long trip to the region, and this at the head of...
Cotton market lacks lustre
KARACHI, May 22: Cotton market on Thursday passed through a relatively dull session as ginners raised their asking prices after the mills and spinners resumed their local buying....