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...
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....
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...
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....
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...
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...
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....
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...
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....
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...
Dumping duty revoked
KARACHI, Sept 11: The European Union has decided to revoke the definitive anti-dumping duty on bedlinen imports originating from India....
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...
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....
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....
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....
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....
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...
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....
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...
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...