Monopoly of SNGPL, SSGC to end by 2010: Ogra grants licence
ISLAMABAD, Sept 3: The Oil and Gas Regulatory Authority on Wednesday granted licences to Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) for thirty years, but...
T-bill rates rise to cheer up depositors
KARACHI, Sept 3: Treasury bills yields went up on Wednesday as the State Bank moved cautiously to give floor to short term rates and lessen the woes of bank depositors who...
Profit-selling sets in on stock market
KARACHI, Sept 3: Stocks on Wednesday took a technical breather on badla-related selling amid fears that massive increase in carryover business could create some settlement problems....
S. Asia economic prospects bright: World Bank report
WASHINGTON, Sept 3: Economic growth in South Asia remains unharmed by a slow global economy and is expected to accelerate in 2003, says the World Bank in its annual report released...
WB team for cut in infrastructure cost
LAHORE, Sept 3: The visiting World Bank mission on Wednesday stressed the need to bring down infrastructure cost for setting up business and industrial enterprises in Pakistan....
Sugar prices go up
KARACHI, Sept 3: The wholesale price of sugar has shot up to Rs18.60 per kg from Rs17.30-17.60 per kg on Wednesday as the millers suspended delivery of the commodity to raise...
Export orders cancelled
LAHORE, Sept 3: Several exporters from the Punjab capital have cancelled exports orders of about 3.5 million pieces of men’s shirts to the US because of high quota prices which have...
Pakistan records productivity growth: ILO
WASHINGTON, Sept 3: Pakistan figures on a list of nations, along with India and China, that have achieved growth in productivity in 2002, says a new study by the International Labour...
High-level body to review WTO agreements
ISLAMABAD, Sept 3: The government on Wednesday decided to constitute a high-level committee to look into matters relating to World Trade Organization regime....
Tariff cut not to affect Pakistan
ISLAMABAD, Sept 3: Commerce Minister Humayun Akhtar Khan said on Wednesday that Pakistan would be unable to get further extensions from the World Trade Organization for continuation of its deletion programme...
Oil prices
LONDON, Sept 3: Oil prices bounced around opening levels in volatile trading on world markets on Wednesday, a day after plunging by as much as seven per cent on expectations of...
Auto task force terms of reference
ISLAMABAD, Sept 3: The government on Wednesday notified terms of reference of the task force on auto industry which include a review of the WTO tariff issues and the possibility of...
Special quota
KARACHI, Sept 3: Chairman Pakistan Cloth Merchants Association (PCMA) Ahmed Chinoy has urged the Minister for Commerce to allow all special quotas transferable....
Karachi Port operations
KARACHI, Sept 3: Five ships carrying soyabean meal, containers, crude oil and to load naphtha are expected to arrive at the outer anchorage on Thursday, according to KPT sources....
Mobile phone
KARACHI, Sept 3: LG Electronics recently introduced camera phone in Pakistan. The mobile phone G-8000 is equipped with unique features such as integrated Camcorder and Camera with sound, GPRS, MMS (Multimedia...
Distinction
KARACHI, Sept 3: The Project Management Institute, USA, the world’s leading non-profit professional association for project management, has announced that Ms Samina Rizwan, a Pakistani woman, has earned the designation of...
Date exporters seek relief
KARACHI, Sept 3: Date exporters are seeking relief from the government in the form of freight subsidy and rebates on export and are also demanding permission for duty free imports to...
Price movements erratic on cotton market
KARACHI, Sept 3: The cotton market on Wednesday remained unsettled as leading ginners from the lower Sindh indulged in fresh hasty selling fearing further decline....