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| August 14, 2003 | Thursday | Jumadi-us-Sani 15, 1424 |
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Turkmen gas project hits snags
ISLAMABAD, Aug 13: Pakistan has asked Turkmenistan to provide certificates of the original and any subsequent reserves studies of the Daulatabad gasfield carried out by an independent engineer of international repute,... 
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NBP, HBL to open branches in Kabul
KARACHI, Aug 13: Two nationalized Pakistani banks—National Bank of Pakistan and Habib Bank Limited—are seeking permission to open their branches in Afghan capital Kabul provided security of the premises, assets and...
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Global action communications plan launched: Counterfeit medicine
PARIS, Aug 13: The International Chamber of Commerce’s Intelligence Bureau (CIB) has launched a global action communications plan that it hopes will allow it to deal with the growing global problem...
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China to invest in corporate farming
ISLAMABAD, Aug 13: China has agreed to make substantial investment in and offered high-tech machinery to promote corporate farming in Pakistan, says Minister for Food and Agriculture Sardar Yar Muhammad Rind....
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Islamic finance co
KARACHI, Aug 13: The Bahrain Monetary Agency (BMA) has granted a licence to National Bank of Bahrain to establish an Islamic Financing Company in Bahrain with an authorized and paid-up capital...
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Panic-selling erodes 102 points from KSE index
KARACHI, Aug 13: The recent sustained run-up on the stock market was decisively halted on Wednesday as investors indulged in near-panic selling fearing a law and order situation after the closure...
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Exchange company sells $2.9m to lift rupee
KARACHI, Aug 13: NBP Exchange Company — a subsidiary of state-run National Bank — has sold $2.9 million in the open market in just three days to help the rupee regain...
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CBR detects 42,381 fake documents
ISLAMABAD, Aug 13: The tax authorities have claimed to have detected 42,381 fake documents through the newly established automated refund system during the financial year 2002-03 preventing undue refunds....
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89 cos join CDC
KARACHI, Aug 13: Central Depository Company of Pakistan Limited (CDC) said that 89 companies had joined CDC since January 30, 2003, making a total of 524 securities that are now under...
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Pak Suzuki to invest Rs1.3bn in expansion
KARACHI, Aug 13: Pak Suzuki Motor Co. (PSMC) has planned to expand its plant at Bin Qasim, Karachi with an investment of Rs1.3 billion, Chairman and Chief Executive of Suzuki Motor...
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APSEA polls
KARACHI, Aug 13: The All Pakistan Solvent Extractors’ Association (APSEA) elected Mr Abdul Haseeb Pirzada of Indus Valley Solvent Oil Extraction Limited as its Chairman for the year 2003-2004 at a...
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63 CBR officials promoted
ISLAMABAD, Aug 13: The Central Board of Revenue has promoted 63 officials of income tax and customs group from BS-17 to BS-18....
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Karachi Port operations
KARACHI, Aug 13: Berthing activity at the wharves was on the higher side on Wednesday where nine ships were berthed, according to KPT sources....
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Car prices
ISLAMABAD, Aug 13: The Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to press automobiles manufacturers to adequately reduce prices of vehicles and in this regard they should...
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