Japan offers Rs3bn to promote industry: Technology centres
ISLAMABAD, Oct 15: Japan has offered Rs3 billion grant to establish regional and zonal technology support centres at different existing and prospective industrial estates for accelerating the process of industrialization and...
EOBI income stands at Rs658.097 million: Investment in equity
KARACHI, Oct 15: The Employees Old-Age Benefits Institution (EOBI) has recorded an incredible income of Rs658.097 million on investment in equity during first quarter (July-Sept) of current fiscal....
Economic policies lack direction
KARACHI, Oct 15: Scholars and economists said here on Wednesday that the nation had lost its direction because it had ignored guiding principles enshrined in the 1973 Constitution....
PSO, Hubco lead resistance to fresh decline on KSE
KARACHI, Oct 15: Stocks on Wednesday resisted fresh decline as investors covered positions on the blue chip counters but the underlying sentiment appears to be a bit shaky as the run-up...
State Bank rejects all bids for 6-month T-bills
KARACHI, Oct 15: The State Bank on Wednesday scrapped all bids worth Rs21.1 billion for six-month treasury bills reinforcing its earlier signals that it wants to keep the T-bill rates stable...
OGDCL shares to be sold in Mideast
KARACHI, Oct 15: Habib Bank Limited will be selling the UAE, Bahrain and Oman the shares of Oil and Gas Development Company Limited when the company offers them for public subscription...
US trade official due today
ISLAMABAD, Oct 15: Pakistan and the US are likely to negotiate various measures for enhancing the volume of bilateral trade during the visit of US assistant trade representative (USATR) for South...
Shaukat to discuss cotton price with Aptma
KARACHI, Oct 15: Finance Minister Shaukat Aziz is meeting a delegation of All Pakistan Textile Mills Association (Aptma) on Thursday at Islamabad to discuss current crisis of escalation in cotton prices....
Quota allocation
KARACHI, Oct 15: The chairman, Pakistan Commercial Exporters of Towels Association (PCETA-South Circle), has disclosed that the sanction of European Union’s 15 per cent extra textile quota in all categories for...
Hubco okays 21pc final dividend
KARACHI, Oct 15: Shareholders of Hub Power Company on Wednesday approved 21 per cent final dividend at the annual general meeting held in Islamabad. The dividend was recommended by the Hubco...
Faisalabad yarn market in grip of speculation
FAISALABAD, Oct 15: The local yarn market was in the grip of speculators on third consecutive day on Wednesday and the real buyers were still missing from the market in the...
Active trading on cotton market
KARACHI, Oct 15: Active trading was witnessed on the cotton market on Wednesday as spinners were not inclined to take even a technical breather and lifted all the lots offered by...
Pests may inflict heavy losses
SADIQABAD, Oct 15: Heavy losses were feared due to intensive pest attack on standing cotton crop throughout district Rahim Yar Khan, this was stated by Haji Muhammad Arshad, member, central cotton...
Donors to assist in research studies
ISLAMABAD, Oct 15: The donor agencies would assist the ministry of commerce for carrying out research studies to operationalize medium term trade strategy for Pakistan....
‘9/11 has no role in economic revival’
QUETTA, Oct 15: The Governor, State Bank, Dr Ishrat Hussain has said that Pakistan’s economy was flourishing as a result of economic reforms introduced by the government and sacrifices rendered by...
Karachi Port operations
KARACHI, Oct 15: Six ships carrying containers, highspeed diesel and crude oil are due to arrive at the outer anchorage on Thursday, according to KPT sources....
Economic cooperation pact signed with Canada
KARACHI, Oct 15: The Federation of Pakistan Chambers of Commerce and Industry and the Canada-Pakistan Business Council (CPBC) on Wednesday signed an agreement of cooperation for the promotion of bilateral trade...