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| October 22, 2003 | Wednesday | Sha’aban 25, 1424 |
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Australian co to start copper project
ISLAMABAD, Oct 21: Pakistan on Tuesday said it had allowed an Australian mining company to start a $130-million copper development project in Balochistan whose $1 billion second phase of investment would... 
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Amended pesticide rules fate
MULTAN, Oct 21: Implementation of the Agriculture Pesticides Rules, 1973, amended recently through a statutory notification (SRO), has become a question mark because of some objections raised by the stakeholders....
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Textile factories Threaten shutdown: Higher cotton prices
KARACHI, Oct 21: Business leaders of various textile sectors on Tuesday made a veiled threat to the government of “closing down factories and rendering a large number of workers unemployed” if...
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5 major banks disburse Rs7.4bn farm credit: July-September
KARACHI, Oct 21: Five major banks have given Rs7.4 billion loans to farmers in the first quarter of this fiscal year, under the State Bank’s supervised agricultural credit scheme. The SBP...
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Govt may lift 0.2m tons of surplus sugar
LAHORE, 21: The government has assured sugar producers to seriously consider their proposal to lift 200,000 tons of their surplus produce through the Trading Corporation of Pakistan for creating a buffer...
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Duty cut sought on polyester fibre import
KARACHI, Oct 21: Textile leaders want the government to work out an arrangement to facilitate import of polyester fibre at a reduced cost of duty, but at the same time continue...
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PSO sell-off likely to be delayed further
ISLAMABAD, Oct 21: The privatization of Pakistan State Oil, which was scheduled for December this year, could be delayed till the first quarter of 2004 with the consent of three prospective...
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1.4m bales shortfall seen
ISLAMABAD, Oct 21: Central Cotton Committee in its report has projected a shortfall of 1.4 million bales. This estimate is based on production of 8.2 million bales, as against the consumption,...
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Tri-Pack Films profits up by 27pc
KARACHI, Oct 21: Tri-Pack Films Limited posted 27 per cent higher pretax profit at Rs201.5 million for the three-quarters ended September 2003, from Rs158.8 million in the corresponding period of the...
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Stocks fail to sustain earlier gains
KARACHI, Oct 21: Stocks on Tuesday failed to extend the overnight recovery as leading investors again withdrew to the sidelines after taking profits at the initial inflated levels boosted by upward...
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Govt may fix wheat price at Rs365
ISLAMABAD, Oct 21: The federal government is expected to fix wheat support price at Rs365 per 40 kg and sugarcane at Rs42/43 per 40 kg for the year 2003-04, it was...
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Cotton prices remain stable
KARACHI, Oct 21: Cotton prices on the local cotton market remained stable as both the ginners and spinners again indulged in a battle of wits to tilt the balance in their...
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Pakistan PTA posts Rs1,345m loss
KARACHI, Oct 21: Pakistan PTA Limited reported loss of Rs1,345 million for the nine months to end-September 2003, which was 36 per cent lower than loss of Rs2,101 million for the...
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Local software firms ignored
KARACHI, Oct 21: The top state-run enterprises prefer multinationals for automation of their business operations, and thus discourage development of local software industry....
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Karachi Port operations
KARACHI, Oct 21: Three ships carrying containers and to load molasses are expected to arrive at the outer anchorage on Wednesday, according to KPT sources....
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Dollar lower against euro
LONDON, Oct 21: The dollar drifted lower against the euro and yen on Tuesday as dealers awaited fresh impetus from economic and corporate news....
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