Low Graphics Site

June 17, 2003 Tuesday Rabi-us-Sani 16, 1424 Rs14.7bn development outlay for Sindh KARACHI, June 16: Sindh will have a total development outlay of Rs14.731 billion for the fiscal 2003-04, including higher allocation for Annual Development Plan (ADP) at Rs11 billion.... Saving certificates’ sale thru banks suspended KARACHI, June 16: Bank branches can no longer sell defence saving certificates and special saving certificates. Senior bankers say a notification issued by Finance Division of the federal government has suspended... Pakistan, Turkey to set up bank, investment co ISLAMABAD, June 16: Pakistan and Turkey agreed on Monday to set up an investment bank and an investment company, in which Iran and some other members of the Economic Cooperation Organization... NWFP debt exceeds Rs100bn PESHAWAR, June 16: The NWFP government’s total debt payable to the federal government and foreign donor agencies has exceeded well over Rs100 billion mark.... Buying at dips resists larger decline on KSE KARACHI, June 16: Stocks on Monday underwent mild correction at the inflated levels as the weakness of the blue chip sector spilled over to the other counters but there were buyers... Ecnec meets on 28th ISLAMABAD, June 16: The Executive Committee of the National Economic Council (Ecnec) is meeting here on June 28 to approve 40 development projects worth about Rs60 billion.... Bonds auction KARACHI, June 16: The State Bank of Pakistan plans to sell Rs30 billion worth of bonds in an auction later this month in an apparent move to mop up liquidity as... Commercial gas charges reduced ISLAMABAD, June 16: The Economic Coordination Committee (ECC) of the cabinet decided on Monday to decrease minimum gas charges for the commercial consumers from 300 cubic meters per month to 140... Write-off scheme to expire on 30th KARACHI, June 16: The State Bank has announced that it would not extend further the validity of its scheme on write-off of irrecoverable loans and advances. The scheme will expire on... Enhanced trade ties with Turkey urged ISLAMABAD, June 16: Commerce Minister Humayun Akhtar Khan on Monday urged the Pakistani businessmen to benefit from Turkish expertise by establishing joint ventures with their Turkish counterparts.... CresBank merger with MashreqBank KARACHI, June 16: Crescent Investment Bank Ltd. and Pakistan branches of the UAE-based Mashreqbank have merged into a new commercial bank — MashreqBank Pakistan Ltd (MBPL). The paid-up capital of the... WTO round BANGKOK, June 16: The WTO’s ambitious round of trade liberalization talks is “at serious risk of collapsing” due to a series of missed deadlines since the round was launched 19 months... S. Arabia opens up aviation sector RIYADH, June 16: Ending decades of monopoly of the Saudi Arabian Airlines (Saudia) on the domestic air routes, Saudi Arabia has announced the opening of its vast domestic aviation sector for... Trading resumes in central Punjab lint KARACHI, June 16: Trading on the cotton market on Monday resumed on a quiet note as spinners remained conspicuous by their absence despite being the chief beneficiary of the fiscal measures.... ‘Indian economy in comfortable situation’ BANGALORE, June 16: India’s central bank governor Bimal Jalan said on Monday the country’s economy is in a comfortable situation and there is “tremendous confidence” in the external sector.... Kenya offers direct trade to Sialkot SIALKOT, June 16: Kenya has offered some direct trade relations to the Sialkot business community for enhancing and strengthening the mutual trade ties.... Karachi Port operations KARACHI, June 16: Eight ships carrying fertilizer, containers and crude oil are expected to arrive at the outer anchorage on Tuesday, according to KPT sources.... Workshop on DTRE rules HYDERABAD, June 16: The Central Board of Revenue and the Export Promotion Bureau have organized a one-day workshop at the Hyderabad Chamber of Commerce and Industry to inform the exporters about... SECP action against bank ISLAMABAD, June 16: On a complaint received from Prime Commercial Bank, the Securities and Exchange Commission of Pakistan (SECP), after thorough investigation, has penalized three main representatives of Prime Bank —a... Port Qasim KARACHI, June 16: Two ships, Stolt Falcon and Bow Lady carrying edible oil and chemicals were berthed at Multipurpose Terminal and Engro Vopak Terminal during the last 24 hours, says a...

Contributions Privacy Policy © DAWN Group of Newspapers, 2005