Preferential trade pact with Turkey likely
KARACHI, Oct 8: Commerce Minister Humayun Akhtar Khan on Wednesday said that Pakistan and Turkey were initiating move to enter into Preferential Trade Agreement (PTA) for which tariff reduction lists were...
Trade surplus with UK up 36 per cent
ISLAMABAD, Oct 8: Pakistan’s trade surplus with the United Kingdom increased by more than 36 per cent to $431.748 million during the fiscal 2002-03, over $302.302 million achieved in the previous...
Car assemblers asked to resolve premium issue
KARACHI, Oct 8: Commerce Minister Humayun Akhtar assured car assemblers on Wednesday that the government had “no intention of pulling rug from under your feet” but urged them to “police your...
Stocks shed another 11.15 points on renewed selling
KARACHI, Oct 8: Stocks on Wednesday ended further lower on renewed selling in the leading blue chips but most of the low-priced shares came in for active short-covering at the lower...
Humayun announces extension of SRO410
KARACHI, Oct 8: Minister for Commerce Humayun Akhtar Khan on Wednesday, announced extension of the SRO410, which expired on September 30, 2003. He, however, did not announce the time frame of...
3.2pc NBP shares go public on 13th
KARACHI, Oct 8: Privatization Commission secretary Waqar Ahmed on Wednesday expressed the hope that the public offering of 3.2 per cent shares of National Bank of Pakistan would be oversubscribed....
Soiled currency notes being eliminated
KARACHI, Oct 8: The Banking Services Corporation (BSC) of State Bank of Pakistan (SBP) has launched a comprehensive plan to eliminate the soiled and decaying currency notes in circulation in the...
Dewan Salman Fibre profit may plunge
KARACHI, Oct 8: Dewan Salman Fibre Limited the largest PSF producer in the country was likely to announce disappointing financial figures for the year ended September 30, 2003, at...
ATT value moves up by 36pc
ISLAMABAD, Oct 8: The value of Afghan Transit Trade (ATT) has increased by more than 36 per cent during the first two months (July-August) of the current financial year....
UNDP move to develop consensus on WTO issues
ISLAMABAD, Oct 8: The United Nation Development Programme (UNDP) will provide financial assistance to Pakistan Chambers of Commerce and Industry (FPCCI) to develop a post-Cancun consensus among stakeholders through seminars and...
Karachi Port operations
KARACHI, Oct 8: Three ships carrying soyabean meal and containers are expected to arrive at the outer anchorage on Thursday, according to KPT sources....
Regional trade commissioners
ISLAMABAD, Oct 8: The government has yet to process the appointment of six regional trade commissioners (RTCs) abroad for promotion of exports and trade diplomacy....
Apple Show
QUETTA, Oct 8: The Balochistan Governor, Owais Ahmed Ghani on Tuesday inaugurated Pakistan Apple Show, 2003, at a local hotel. The Apple show was organized by Export Promotion Bureau in collaboration...
$10.2m Japanese aid for 204 projects
QUETTA, Oct 8: The Government of Japan has provided $10.2 million as financial assistance for 204 ongoing projects in social development sector under Grassroots Grant Assistance Programme (GRA) in different areas...
Presentation on OGDCL
ISLAMABAD, Oct 8: The Federal Minister for Privatization and Investment Dr. Abdul Hafeez Shaikh will address the first presentation to the investors being organized by the Lead Manager KASB Securities, for...
Cotton prices hit 10-year high
KARACHI, Oct 8: Cotton prices on Wednesday rose to 10-year highs as haunted by perceptions of a short crop spinners and mills continued to make panic buying to grab the floating...
State Bank chief for taint-free cotton
MULTAN, Oct 8: State Bank Governor, Dr Ishrat Hussain on Wednesday said that production of contamination-free cotton by year 2005 is a must to safeguard its marketability....
16 CBR officers promoted
KARACHI, Oct 8: The Central Board of Revenue (CBR) has promoted 16 deputy collectors (BS-18) of the customs and excise group as additional collectors (BS-19) on regular basis with immediate effect....
Palm oil prices up
KUALA LUMPUR, Oct 8: Malaysian palm oil futures regained the 1,500 ringgit ($396) a ton foothold on Wednesday after fresh overnight highs in rival soyaoil....