FDI inflow to Pakistan moves up by 63pc: UNCTAD report
ISLAMABAD, Sept 4: World Investment Report 2003, released by the United Nations Conference on Trade and Development (UNCTAD) has mentioned Pakistan among the countries, which have registered positive growth in FDI...
Gap in LIBOR, rupee interest rate falls
KARACHI, Sept 4: The gap between six-month LIBOR and six-month rupee call rates has come down from a monthly average of 2.39 per cent in January to just 0.19 per cent...
LSE seeks abolition of badla trade
LAHORE, Sept 4: The Securities and Exchange Commission of Pakistan (SECP) has failed to take even a single measure proposed in December last year to completely abolish the badla or carryover...
NWFP spends only 55pc on uplift projects
PESHAWAR, Sept 4: The NWFP annual development programme (ADP) for the financial year 2002-03 ended in a fiasco after the recently compiled data left the province with total development expenditure of...
EU officials warn of tough negotiations: Cancun round
BRUSSELS, Sept 4: European Union officials on Thursday warned of tough negotiations on a new trade liberalization package in Cancun, Mexico, next week but said a fresh deal was crucial to...
Software exporters cry for funds
KARACHI, Sept 4: Banks continue to refuse export financing to software exporters on the plea that such financing could be done only through venture capital — and this industry is non-existent...
ECB keeps rates steady
FRANKFURT, Sept 4: The European Central Bank held its key interest rates steady as expected on Thursday and offered no sign it might be willing to cut them again in the...
Big firms’ financial results this month
KARACHI, Sept 4: It is the corporate results reporting season and some of the giants on the country’s corporate scene are set to unveil figures starting Friday....
KSE index loses another 63.32 points
KARACHI, Sept 4: Stocks on Thursday came in for renewed selling as leading investors liquidated their long positions after the carryover rates swelled to about 18 per cent and fears of...
Trade team to visit China
LAHORE, Sept 4: A delegation of 10-15 prominent industrialists from the engineering sector is expected to visit China by the end of this month to explore Chinese market with a view...
Snow sees US economy picking up
PHUKET (Thailand), Sept 4: US Treasury Secretary John Snow said on Thursday positive US economic results were expected in the months ahead, while he also assessed Asia-Pacific economies as being in...
‘Task force to protect auto makers interests’
KARACHI, Sept 4: Used car dealers have termed the setting up of ‘task force’ by the industries minister to look into the high prices, late delivery schedule and curbing menace of...
Prices crash on cotton market
KARACHI, Sept 4: Cotton prices on Thursday crashed on the cotton market as ginners continued to indulged in hasty selling for the second session in a row followed by reports of...