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| October 18, 2003 | Saturday | Sha'aban 21, 1424 |
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Textile industry may turn to PSF: Higher cotton prices
KARACHI, Oct 17: There are words making round in the market that expectations of shortfall in cotton crop may be sad for the growers but it would be good news for... 
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Exporters seek further changes in DTRE rules
KARACHI, Oct 17: Exporters are seeking further amendment in the Duty and Tax Remission for Export (DTRE) rules and strongly feel that without removing lacunas from these rules the scheme could...
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Unusual growth in private sector credit in Q1
KARACHI, Oct 17: Unlike in the past the demand for the private sector credit did not taper off in the first quarter of this fiscal year and banks disbursed Rs15.8 billion...
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Mill owners want govt facilitation: Imported cotton supply
KARACHI, Oct 17: Textile mill owners are seeking “government facilitation” for supply of imported cotton and a reduction of tax to 15 per cent from 20 per cent on imports of...
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Stock market falls across-the-board amid light trading
KARACHI, Oct 17: Stocks on Friday lacked normal trading interest in the absence of leading investors and fell across the board followed by selling by retailers and jobbers amid light trading....
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US rules out free trade in near term
ISLAMABAD, Oct 17: The United States Assistant Trade Representative for South Asia, Ashley Will, on Friday ruled out free trade between Pakistan and the US at least in the next few...
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New deposit rules for auto, real estate cos
ISLAMABAD, Oct 17: The Securities and Exchange Commission of Pakistan has prohibited the real estate and automobile companies from inviting, without its prior permission, deposits from the public in advance of...
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Third NBP IPO attracts Rs1.21bn
ISLAMABAD, Oct 17: The third subscription for the sale of the public offer for National Bank of Pakistan shares, which opened on October 13, received overwhelming response by the time it...
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Cotton crop body meeting postponed
MULTAN, Oct 17: Federal Ministry of Food, Agriculture and Livestock has reportedly postponed the meeting of Standing Committee on Cotton Crop Assessment, which was to he held here on October 18....
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11 Islamic states set up tax body
ISLAMABAD, Oct 17: Eleven Islamic countries including Pakistan have established an association of tax authorities for improvement of tax, zakat policies and administrations within the OIC member countries....
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NWFP liability may come down to Rs30bn: Development schemes cut
PESHAWAR, Oct 17: The NWFP government’s liability on account of development works is likely to come down to around Rs30bn as it has reduced the number of development schemes under annual...
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Cotton market stays bullish
KARACHI, Oct 17: Cotton market stayed bullish on Friday as ginners and spinners were locked in a price war but the latter remained at the receiving end amid fears of a...
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Irregularities in Aptma polls?
KARACHI, Oct 17: Two powerful textile business families are set on the warpath on the issue of elections of the All Pakistan Textile Mills Association as Shahid Anwar Tata declared defeated...
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Asian forex reserves
SINGAPORE, Oct 17: Asian foreign exchange reserves have risen to over $1.75 trillion, according to the latest available figures from regional central banks....
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Karachi Port operations
KARACHI, Oct 17: Six vessels carrying coal and iron and steel and to load rice are due to arrive at the outer anchorage on Saturday, according to the KPT sources....
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Palm oil prices
KUALA LUMPUR, Oct 17: Crude palm oil (CPO) prices on Malaysia’s derivatives exchange are likely to trade rangebound depending on the export figures that will be released early next week, dealers...
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