|
| October 26, 2003 | Sunday | Sha’aban 29, 1424 |
|
ECC okays purchase of 0.2m tons sugar: Criteria for new oil cos
ISLAMABAD, Oct 25: The Economic Coordination Committee (ECC) of the cabinet on Saturday approved the establishment of sugar buffer stock to stabilize prices in the country.... 
|
|
Construction industry yet to pick up
KARACHI, Oct 25: No significant headway is being made in the construction industry even when as many as 14 financial institutions are reported to be offering housing loans on easy terms....
|
|
||
|
Gap between inter-bank,open market $ rate goes
KARACHI, Oct 25: The US dollar that had to lick a six-year low in the international currency market during this week grew weaker by nine paisa in the local inter-bank market...
|
|
SPI moves up
ISLAMABAD, Oct 25: Sensitive Price Indicator (SPI) has registered 0.40 per cent increase during the week ending Oct 23, 2003, as compared to previous week, according to the weekly price review...
|
|
|
||
|
Govt to shorten ATT negative list with consensus
ISLAMABAD, Oct 25: The government is likely to develop consensus among stakeholders for excluding three major electronic appliances from the negative list under Afghan Transit Trade (ATT)....
|
|
Urea demand jumps 28pc
KARACHI, Oct 25: Demand for fertilizer (Urea) jumped 28 per cent to 0.236 million tons during September 2003, compared with 0.184 million tons in the corresponding month of last year....
|
|
|
||
|
Initial offering of OGDC from Nov 10
KARACHI, Oct 25: The initial public offering of Oil and Gas Development Company (OGDC) will be held from November 10-14, the Karachi Stock Exchange announced on Saturday....
|
|
Rice exporters seek freight subsidy
KARACHI, Oct 25: Higher freight charges by shipping lines is jeopardizing rice exports to African countries at a time when the country was expecting bumper paddy crop....
|
|
|
||
|
Habib Bank Acquires FCY loan of PARCO
KARACHI, Oct 25: Pak-Arab Refinery Company has transferred its outstanding balance of a $100-million loan of Marubeni Corporation of Japan to Habib Bank Ltd, its managing director Shahid K. Hak told...
|
|
Buoyant non-core banking business
KARACHI Oct 25: Banks have managed dramatic improvement in their profits despite excess liquidity and falling interest rate environment....
|
|
|
||
|
India hampering efforts to revive WTO talks: US
WASHINGTON, Oct 25: US trade officials accused India on Friday of hampering efforts to revive world trade talks after their collapse last month in Cancun, Mexico....
|
|
EU sugar reform needed for fair trade: Fischler CERNOBBIO, Oct 25: The European Union needs a market-orientated sugar policy to counter charges by poor countries that the bloc dumps the product on export markets, EU farm chief Franz Fischler...
|
|
|
||
|
CBR asked to focus on revenue generation
ISLAMABAD, Oct 25: The Finance Minister Shaukat Aziz, in his address to the Annual Collectors’ Conference here on Saturday, asked the Central Board of Revenue officials to focus on raising revenues...
|
|
Rally pushes US junk bond yields to record lows
NEW YORK, Oct 25: Falling defaults and a recharged economy helped US junk bonds extend a potent rally in October, pushing yields to their lowest levels since the birth of the...
|
|
|
||
|
India’s success story of green revolution
FAISALABAD Oct 25: A comprehensive and integrated strategy by agri scientists and farmers, with full government backing, led to a major breakthrough in the agriculture sector in 1964 in India, said...
|
|
US stocks fall on Microsoft view
NEW YORK, Oct 25: Stocks fell on Friday after a cautious outlook from Microsoft Corp., the world’s largest software maker, added fuel to investors’ concerns that the market’s heady advance this...
|
|
|
||
|
Dollar weakens
NEW YORK, Oct 25: The dollar was on the defensive against major rivals on Friday, pressured by steep falls in US equities amid growing conviction markets have already priced in much...
|
|
COMEX gold prices
NEW YORK, Oct 25: COMEX gold steamrolled to within $2 of last month’s seven-year peak Friday, shining brightly against a tumbling dollar, while trade houses backed up their bullishness with heavy...
|
|
|
||
|
BD launches survey to find more natural gas
DHAKA, Oct 25: Bangladesh has launched a seismic survey to discover more natural gas to meet growing demand in the country, a top executive of the energy ministry said on Saturday....
|
|
Dubai to guarantee capital of investors, says al-Maktoum
DUBAI, Oct 25: The government of Dubai will guarantee capital invested in projects in the emirate, the emirate’s crown prince Sheikh Mohammed bin Rashid al-Maktoum said in an interview published on...
|
