Service charges irk small savers
KARACHI, Sept 12: The levy of service charges by the banks on what they call non-remunerative accounts is causing difficulties for small account holders....
Dumping duty on Chinese poultry items on cards
LAHORE, Sept 12: Finance Minister Shaukat Aziz on Friday indicated that anti-dumping duty might be imposed on cheap imports of Chinese poultry products in order to protect the local poultry farmers....
SECP may have financial crime wing
ISLAMABAD, Sept 12: A financial crimes wing may be established in the Securities and Exchange Commission of Pakistan (SECP) by the end of 2003 to prevent and speedily deal with all...
Phasing out of cotton subsidy sought
ISLAMABAD, Sept 12: On the complaint of the four African cotton producers, Mali, Chad, Benin, Burkina Faso, which submitted a proposal for elimination of cotton subsidy and other support, the WTO...
Late profit-selling clips gains on stock market
KARACHI, Sept 12: Stocks finished the weekend session on a mixed note as late profit-selling clipped most of the initial gains on selected counters, although the KSE 100-share index maintained its...
Inflation moves up 1.58pc in July-Aug
ISLAMABAD, Sept 12: Inflation (Consumer Price Index) moved up by 1.58 per cent during the period July-August 2003 as compared to the corresponding period of previous year, according to a monthly...
National Refinery
KARACHI, Sept 12: On Wednesday, National Refinery Limited (NRL) announced financial results for the year ended June 30, 2003, posting 73 per cent growth in after tax profit to Rs1,352 million,...
Nine sectors identified for Chinese investment
ISLAMABAD, Sept 12: Islamabad expects Beijing to pledge substantial investment in Pakistan when President Pervez Musharraf visits China in early November this year, official sources told Dawn on Friday....
Fidelity Bank launches PPTFC
KARACHI, Sept 12: Fidelity Investment Bank Limited held a signing ceremony for Rs400 million offering of its Privately Placed Term Finance Certificates (PPTFC), which was attended by senior members from the...
Hubco board of directors
KARACHI, Sept 12: Hub Power Company (Hubco) announced on Friday that the company’s shareholders had re-elected the twelve directors on the board of directors....
Trade talks show little progress
CANCUN, Sept 12: Ministers from 146 countries braced for more tough talking on Friday in a bid to reach the consensus they need to rescue a proposed trade pact that so...
Panic-buying pushes up cotton prices
KARACHI, Sept 12: Cotton prices on Friday rose sharply as spinners indulged in panic buying followed by reports of breeding of pests in some of the areas of southern and central...
Malaysian economy
KUALA LUMPUR, Sept 12: The short war in Iraq and quick containment of the Sars outbreak have put Malaysia’s economy on track for sharper growth and a smaller budget deficit next...
Mills hold 1.012m tons sugar stock
KARACHI, Sept 12: The sugar mills still hold a stock of more than one million tons of sugar as on August 31, 2003, industry sources said here on Friday....
State Bank withdraws reporting requirement
KARACHI, Sept 12: Banks are no more required to report to the State Bank the rates of profit being paid on foreign currency accounts....
Karachi Port operations
KARACHI, Sept 12: Five ships carrying containers, coal and to load rice are due to arrive at the outer anchorage on Saturday, according to KPT sources....
Demo against new SAS
KARACHI, Sept 12: Shopkeepers of various markets observed black day after Juma prayers to protest against the universal income tax scheme....
Rice brand development programme discussed
KARACHI, Sept 12: Minister of state and chairman Export Promotion Bureau (EPB) Tariq Ikram on Friday set up a five-member committee to sort out issues relating to rice brand development programme,...
French food technology
KARACHI, Sept 12: A French agro-food delegation on Friday gave presentation on fruit and vegetable processing and packaging technology to leading producers and exporters here....
Palm oil prices up
KUALA LUMPUR, Sept 12: Malaysian palm oil futures hit a seven-week high after market-friendly crop data from the United States, but profit-taking trimmed gains by the close, traders said on Friday....