25 per cent import duty on wheat withdrawn
ISLAMABAD, Nov 20: The government on Thursday withdrew a 25-per cent duty on wheat import but withheld a decision on the import quantity owing to non-availability of sufficient data on private...
SHC grants stay till Monday to Aptma chief
KARACHI, Nov 20: The Sindh High Court on Thursday granted a stay till next Monday to Waqar Monnoo on his petition seeking annulment of the resolution of the Managing Committee of...
ECC decision to stabilize price
KARACHI, Nov 20: The government’s decision to remove 25 per cent duty on wheat import coupled with an earlier decision to increase wheat support price to Rs350 for 40 kg from...
FTA signing with BD next year
ISLAMABAD, Nov 20: Pakistan and Bangladesh have agreed to finalize the free trade agreement (FTA) by January 2004 to increase the current volume of trade between the two countries....
Foreign Investment falls 63pc in July-Oct
KARACHI, Nov 20: Pakistan attracted only $150.5 million worth of total foreign investment between July-October this year down 63 per cent from $406.6 million it had received in July-October 2002....
Saudi group to set up steel billet plant
ISLAMABAD, Nov 20: Pakistan on Thursday allowed a Saudi Group to set up a $100 million steel billet plant near Pakistan Steel in Karachi for 100 per cent export and agreed...
Businessmen urged to invest more in bourses
KARACHI, Nov 20: Finance Minister Shaukat Aziz has urged the investors to gear up and come out with new offerings in the stock markets where prospects were never better than now....
KSE 100-share index moves up by 31.62 points
KARACHI, Nov 20: Stocks on Thursday showed firm trend followed by active short-covering in most of the leading shares at the lower levels but there was no matching selling from any...
Buying spree continues on cotton market
KARACHI, Nov 20: Active trading was again witnessed on the cotton market on Thursday as spinners and mills were not inclined to take stock of their inventories before launching a fresh...
Aptma men urged to end crisis
LAHORE, Nov 20: Expressing his disappointment and anger over what he termed as “sad and embarrassing” events unfolding in the association during the last few weeks, a former Aptma chairman on...
Karachi Port operations
KARACHI, Nov 20: Nine ships carrying DAP fertilizer, soyabean meal and transformers are expected to arrive at the outer anchorage on Friday, according to KPT sources....
PIAC sees Rs4.366bn profit in FY2004
KARACHI, Nov 20: The PIAC expects to fetch profit of Rs4.366 billion during its next fiscal Jan-Dec 2004 as compared to expected profit of Rs3.334 billion for the fiscal 2003....
DTO to meet Monnoo today
LAHORE, Nov 20: The commerce secretary has directed the DTO to proceed to Karachi on Friday and seek explanation from Aptma chairman for keeping the association’s office closed for two days....
Pakistan’s credit rating
ISLAMABAD, Nov 20: A Cyprus-based credit rating agency, Capital Intelligence has upgraded Pakistan’s credit rating from B- (B-minus) to B with a positive outlook for long-term foreign currency debt....
Palm oil ends higher
KUALA LUMPUR, Nov 20: Malaysian crude palm oil futures rebounded to close higher on Thursday on late short covering after overnight losses in rival Chicago soyaoil and weak exports data had...