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  DAWN - the Internet Edition



September 12, 2003 Friday Rajab 14, 1424

FXCM


Business


Machinery imports decline in July-Aug
ISLAMABAD, Sept 11: The machinery group imports ($438.19 million) declined by 1.03 per cent during the first two months of the fiscal 2003-04 as compared to the same period of previous...
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107 Lasbela industrial units closed
QUETTA, Sept 11: One hundred and seven out of 204 industrial units at Lasbela Industrial Estate have been closed, while only 20 sick units have been rehabilitated so far....
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TCP to purchase 0.1m tons sugar from mills
ISLAMABAD, Sept 11: Prime Minister Mir Zafarullah Khan Jamali has allowed commerce ministry to purchase 100,000 tons of sugar from millers to help them dispose of the surplus stock laying with...
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Oil prices steady
LONDON, Sept 11: Oil prices were steady here on Thursday with concerns about the low level of US crude stock levels propping up the market, analysts said....
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KSE 100-share index finishes with modest gain KARACHI, Sept 11: Stocks on Thursday rose further but finished well below the day’s best levels as security concerns linked with the 9/11 incident did not allow investors to hold long...
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Exports to Saudi Arabia up by 44pc
RIYADH, Sept 11: Saudi Arabia’s imports from Pakistan during the fiscal 2002-03 went up to $477 million as against $330 million last year, showing an increase of 44 per cent over...
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Plan to increase per capita income
ISLAMABAD, Sept 11: The government has finalized a new plan that seeks to increase per capita income from the present $420 to $1,000 by 2010....
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Tritex Mills revises share price for buy-back
KARACHI, Sept 11: Tritex Cotton Mills Limited presented the revised rate per share for approval of its voluntary de-listing. In a letter to the Stock Exchange, this textile unit of the...
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EPB office in Gwadar
KARACHI, Sept 11: The Export Promotion Bureau (EPB) has set up its office in Gwadar which will initially operate from the regional office of National Bank of Pakistan....
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KCCI polls on 27th
KARACHI, Sept 11: The election of the managing committee members of the Karachi Chamber of Commerce and Industry (KCCI) will be held on September 27 for 15 seats (14 for member...
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Dumping duty revoked
KARACHI, Sept 11: The European Union has decided to revoke the definitive anti-dumping duty on bedlinen imports originating from India....
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Dates import
KARACHI, Sept 11: The Trading Corporation of Pakistan (TCP) is considering to import dates on “commercial basis” to meet its demand in the month of Ramazan in view of the damage...
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US ‘true’ jobless rate at 9.1 per cent
WASHINGTON, Sept 11: Unemployment queues lengthened to a two-month record last week, data showed on Thursday, and a new analysis suggested the “true” US unemployment rate was now 9.1 per cent....
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Trading gets slow on cotton market
KARACHI, Sept 11: Trading activity on the cotton market remained light as spinners were not inclined to bid above their export parity levels and lifted selected quality lots....
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CBR transfers, postings
ISLAMABAD, Sept 11: The Central Board of Revenue (CBR) has transferred and posted 39 additional collectors and 20 deputy collectors of customs and excise group....
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Taxation pact with Vietnam signed
ISLAMABAD, Sept 11: Pakistan and Vietnam on Thursday signed an agreement for avoidance of double taxation between the two countries....
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Task force on illegal brokerage firms meets
ISLAMABAD, Sept 11: A meeting of the task force comprising officials of Securities and Exchange Commission of Pakistan and State Bank of Pakistan was held at the SECP headquarters here on...
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Karachi Port operations
KARACHI, Sept 11: Five ships including two loaders to load rice and chrome ore are expected to arrive at the outer anchorage on Friday, according to KPT sources....
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Deal with IMF
BUENOS AIRES, Sept 11: Argentina will postpone $21.6 billion in debt payments until 2006 under a deal reached with the IMF that gives the ailing South American country breathing room for...
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Insurance co allowed to resume operations
ISLAMABAD, Sept 11: Securities and Exchange Commission of Pakistan (SECP) has allowed another insurance company — M/s Prime Insurance Company — to resume its operations following fulfilment by it of the...
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