Low Graphics Site

August 3, 2003 Sunday Jumadi-us-Sani 4, 1424 Pressure mounts on govt, industry : Social compliance KARACHI, Aug 2: Both the government and the national industry are moving at snail pace to put in place a framework for social compliance and to gear up the manufacturing units... SBP dispute body settles 74 cases LAHORE, Aug 2: The central bank’s Dispute Resolution Committee has decided some 74 complaints of defaulters and asked their banks to settle their accounts under the SBP guidelines on the write-off... SBP slows dollar buying from banks KARACHI, Aug 2: With the start of the new fiscal year in July the State Bank has slowed dollar buying from inter-bank market allowing the banks to pre-pay corporate debts on... Petroleum off-take falls by 2pc KARACHI, Aug 2: Overall petroleum consumption in Pakistan declined by a mere two per cent in 2002-2003 owing mainly to 6.17 per cent fall in the black oil (fuel oil) consumption... Malaysian power co offers out of court settlement: $10 million arbitration ISLAMABAD, Aug 2: Pakistan has lost a $10 million arbitration against a Malaysian power company for terminating its contract for the construction of a 288-mw thermal power project near Karachi.... WB mission due today to review tax reforms ISLAMABAD, Aug 2: A high level pre-appraisal World Bank mission is due to arrive here on Sunday to review the restructuring of the tax administration.... Tri-Pack Films KARACHI, Aug 2: In the six months between January and June 2003, shares in fewer than four companies listed on the Karachi Stock Exchange, have outperformed the Tri-Pack stock: D.G. Khan... Jatoi for execution of patent rules KARACHI, Aug 2: Federal Minister for Industries and Production Liaquat Ali Jatoi has advised Controller, Patent Office to prepare a comprehensive report based on suggestions and recommendations for effective implementation of... Tax-payers, depositors and write-offs KARACHI, Aug 2: The tax-payers and depositors are paying a heavy price on account of loan write-offs and bailout of state- run banks in distress. Addressing the Institute of Bankers, the... New York gold plunges to two-week low NEW YORK, Aug 2: COMEX gold futures plunged to a two-week low on Friday, pressured by aggressive fund selling that shoved prices through brittle chart support on the way down, dealers... Wall Street closes lower on job losses NEW YORK, Aug 2: Stocks closed lower on Friday as surprise news of heavy job losses in July dashed upbeat investor sentiment, negative corporate news, including weaker-than-expected earnings from ChevronTexaco also... C. American, US free-trade talks leave core issues NEW ORLEANS, Louisiana, Aug 1: US and Central American negotiators wrapped up customs and electronic commerce issues in their sixth round of free trade talks that ended on Friday without tackling... CBR asked to devise auditors’ parameters ISLAMABAD, Aug 2: The Federal Tax Ombudsman (FTO), Justice (Retd) Saleem Akhtar has asked the Central Board of Revenue (CBR) to devise clear parameters for the auditors to facilitate the taxpayers.... Shaukat for strong trade ties with Thailand BANGKOK, Aug 2: Finance Minister Shaukat Aziz stressed the need for strengthening bilateral economic cooperation in various fields between Pakistan and Thailand.... Oil prices spurt after Iraq pipeline blast NEW YORK, Aug 2: Oil prices put on a late surge Friday in anxious pre-weekend trade, marked by supply fears and yet another pipeline sabotage in Iraq, analysts said.... Petrochemical project BEIJING, Aug 2: Anglo-Dutch oil giant Royal Dutch/Shell and a Chinese partner plan to borrow a record $2.7 billion from a group of banks to fund a vast petrochemical project in... Dollar falls vs euro on US job market fears NEW YORK, Aug 2: The dollar fell against the euro on Friday after the government released a worse-than-expected snapshot of the US job market, which sparked a dollar sell-off that reversed... NY cotton easier in slow trade NEW YORK, Aug 2: NYCE cotton futures settled softer on Friday due to modest speculative sales as fibre contracts appear to be drifting waiting for market-moving news, analysts said.... Dhaka stocks rally DHAKA, Aug 2: Dhaka stocks rallied for the second consecutive session on Saturday after a long slide as textile and banking shares gained, brokers said.... Pakistan, Canada trade pacts ISLAMABAD, Aug 2: Pakistan and Canada are considering to finalize various agreements to expand mutual trade, investment and business activities between the two countries....

Contributions Privacy Policy © DAWN Group of Newspapers, 2005