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| July 25, 2003 | Friday | Jumadi-ul-Awwal 24, 1424 |
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China shows interest in oil and gas sector
ISLAMABAD, July 24: Leader of a five-member Chinese delegation and adviser of DAQUING International (Daquing Oil Group), Lu Jing said here on Thursday that Chinese investors were eager to invest and... 
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Ecnec may okay Rs2bn telecom sell-off plan
ISLAMABAD, July 24: The Executive Committee of the National Economic Council (Ecnec) is expected to approve a Rs2 billion Telecommunication Regulation and Privatization Project next week to enable the government to...
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Package for silos may be announced next week
ISLAMABAD: July 24: The federal government is expected to offer early next week a policy package to the private sector to develop grain handling and storage facilities, according to sources....
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5 EoIs accepted for gas-based projects: Thermal power generation
ISLAMABAD, July 24: The Private Power and Infrastructure Board (PPIB) has approved five expressions of interest (EoIs) from independent power producers (IPPs) for additional 775-mw gas-based thermal power generation capacity with...
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Setting up of small units stressed
HYDERABAD, July 24: Federal Industries Minister Liaquat Ali Jatoi on Thursday stressed the need for setting up small and medium industries as they, being labour-intensive, would end unemployment....
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12 apply for primary dealership
KARACHI, July 24: Eleven banks and one money brokerage house have applied to become part of an expanded list of primary dealers eligible to buy government securities in auctions, banking sources...
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Oil prices edge up
NEW YORK, July 24: Oil prices edged higher on Thursday, supported by mid-week data showing a fresh decline in already tight US oil stocks....
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Index crosses psychological barrier of 3,800 points
KARACHI, July 24: The KSE 100-share index on Thursday breached through the psychological barrier of 3,800 points on heavy institutional buying in most of the blue chips, signalling its onward march...
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Ibrahim Fibres
KARACHI, July 24: On Wednesday, Ibrahim Fibres Limited announced financial figures for the nine-months ended June 30, 2003. The company posted 64 per cent growth in net sales to Rs7,725 million,...
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Cotton vision aims 15m bales output by 2010
ISLAMABAD, July 24: Pakistan’s cotton vision programme targets cotton production to 15 million bales by 2010, official sources told APP here on Thursday....
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Karachi Port operations
KARACHI, July 24: Two vessels carrying containers are expected to arrive at the outer anchorage on Friday, according to KPT sources....
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SNGPL to supply gas to Rousch power plant
KARACHI, July 24: Sui Northern Gas Pipelines Ltd (SNGPL) would supply 85 million cubic feet a day of natural gas to enable Rousch Pakistan Power Ltd to convert into gas from...
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Berth occupancy rises to 85pc at port
KARACHI, July 24: Berth occupancy at Karachi port on Thursday soared to 85 per cent where as many as 26 berths remained occupied by 19 ships of different draughts and size,...
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KSE to woo foreign fund managers
KARACHI, July 24: Karachi Stock Exchange (KSE) will hold a mega event in Dubai on September 22 this year to attract foreign fund managers to Pakistani stock market....
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China allows import of Pakistani mango
BEIJING, July 24: The Chinese Quarantine and Quality Control Bureau has declared Pakistani mango pest-free and agreed to issue quarantine certificate allowing import of Pakistani mango....
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Physical activity remains slow
KARACHI, July 24: Physical activity on the cotton market on Thursday remained relatively slow as spinners were not inclined to bid at the higher asking prices of ginners because of their...
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ASEM calls for decisive talks on WTO issues
DALIAN, July 24: Asian and European ministers representing 2.3 billion people and half the world economy on Thursday ended talks in China with pledges to kick-start stalled global trade talks while...
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Shell profit soars 51pc
LONDON, July 24: Royal Dutch/Shell Group, the world’s second-largest oil firm, reported a consensus-beating 51 per cent rise in second-quarter profits on Thursday but said it would not buy back more...
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Banks’profit rates
KARACHI, July 24: The American Express Bank has declared the following rates of return for six months ending June 2003....
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Dollar steady agaisnt euro
LONDON, July 24: The dollar held steady on Thursday after dipping sharply against the euro in the wake of a warning from a US Federal Reserve governor that US interest rates...
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