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  DAWN - the Internet Edition



July 10, 2003 Thursday Jumadi-ul-Awwal 9,1424

FXCM


Business


Urea prices move up by Rs10 per bag
KARACHI, July 9: Prices of urea have recently increased by Rs10 per bag to around Rs430 per bag, analysts quoting sources in fertilizer industry said on Wednesday....
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Finished goods export rises by 20.69pc
ISLAMABAD, July 9: Exports of manufactured and semi-manufactured items stood at $10,037 million during the financial year 2002-03, recording an increase of 20.69 per cent over the preceding year, according to...
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0.1m tons sugar export likely from next month
ISLAMABAD, July 9: Second phase of sugar export programme was likely to begin in August with 100,000 tons to be offered for sale over the next three months, a government official...
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EPZ investors seek local credit facility
ISLAMABAD, July 9: Investors of export processing zones (EPZs) have demanded of the government to allow project financing through local banks and development finance institutions (DFIs)....
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Pakistan, India trade prospects explored
LAHORE, July 9: The delegation of Pakistani traders currently visiting India to promote bilateral trade between the two countries on Wednesday held a series of one-on-one meetings with their Indian counterparts...
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Shaukat to review tax collection today
ISLAMABAD, July 9: Finance Minister Shaukat Aziz will preside over a meeting of tax officials on Thursday to review performance of revenue collection during the fiscal 2002-03 and suggest measures for...
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SBP mops up Rs75.71bn through T-bills sale
KARACHI, July 9: The yield on 12-month Treasury bill fell at an auction on Wednesday and dealers said they expected money market rates to remain soft....
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French trade mission to visit Pakistan
KARACHI, July 9: The French ambassador Yannick Gerard said on Wednesday that as a follow up of a recent visit of the President Pervez Musharraf a French economic mission will be...
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Soiled notes to remain valid: SBP
KARACHI, July 9: Soiled and defective currency notes will not be cancelled after December 31, 2003 and these will continue to be legal tenders, a press release of State Bank of...
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Oil prices firmer
LONDON, July 9: Oil prices rose slightly on Wednesday as traders digested a mixed inventories report from the US government that pointed to a small but unexpected rise in US crude...
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KSE 100-share index gains another 45.65 points
KARACHI, July 9: Stocks on Wednesday maintained their upward drive followed by active follow-up support on selected counters aided by the perception of a fragile truce in the backdrop of prime...
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US businesses cut jobs despite bounce in demand
WASHINGTON, July 9: US businesses are cutting jobs despite a bounce in demand and an emerging investment recovery, a National Association of Business Economists (NABE) survey showed on Tuesday....
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Ginners and spinners locked in price war
KARACHI, July 9: Quieter conditions were again witnessed on the cotton market on Wednesday as both ginners and spinners remained locked in a price war, but it appears to be a...
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Germany’s trade surplus widens
BERLIN, July 9: Germany’s trade surplus with the rest of the world widened in May to 10.1 billion euros from 9.2 billion euros in April as exports rose for the first...
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UK exports fall in May
LONDON, July 9: Britain’s global goods trade deficit unexpectedly widened to 4.1 billion pounds in May as exports dropped while imports rose sharply, official data showed on Wednesday....
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SAFE to provide assistance to bourses
ISLAMABAD, July 9: The South Asian Federation of Exchanges (SAFE) will provide technical assistance to the stock exchanges of Pakistan in strengthening stock exchange listing regulations....
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RCCI seeks tax holiday for new projects
ISLAMABAD, July 9: The Rawalpindi Chamber of Commerce and Industry (RCCI) has demanded of the government to revive special industrial zones in the country, which will help encourage investment in the...
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Palm oil imports slow
ISLAMABAD, July 9: The local palm oil market was slow in the last week and importers were reluctant to place fresh orders given high international prices and higher stocks locally, dealers...
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Efforts on to improve oilseed output
ISLAMABAD, July 9: The Federal Minister for Food, Agriculture and Livestock, Sardar Yar Mohammad Rind, said on Wednesday that all out efforts would be made to improve oilseed production in the...
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US suspends exchange of trade visits with Taiwan
TAIPEI, July 9: The United States has suspended the exchange of visits by high-ranking economic and trade officials with Taiwan since early this year over Taipei’s failure to remove major US-Taiwan...
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