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DINA
  DAWN - the Internet Edition



December 9, 2003 Tuesday Shawwal 14, 1424

FXCM


Business


Ministerial body rejects feasibility report: Turkmen gas pipeline
ISLAMABAD, Dec 8: The tri-nation ministerial steering committee on $2.6 billion Turkmenistan-Afghanistan-Pakistan (TAP) gas pipeline project on Monday rejected a feasibility study conducted by the project consultants and called for “redoing”...
Complete Story
Karachi Port to acquire new fleet of craft
KARACHI, Dec 8: The Karachi Port has embarked upon an extensive modernization plan to enhance its shipping and cargo handling capacity by inducting new fleet of craft required to boost its...
Complete Story
NSS rate cut: govt faces difficult situation
KARACHI, Dec 8: In respect of the cut in rate of returns on National Saving Schemes (NSS), in January 2004, the government faces the Hobson’s choice: damned if does and damned...
Complete Story
UK team to promote trade cooperation
KARACHI, Dec 8: The leader of the visiting Britain trade delegation, Michael J. Brosch has said that the delegation has come to explore opportunities for collaboration with Pakistani businessmen and entrepreneurs...
Complete Story


Minister due today
ISLAMABAD, Dec 8: A business delegation led by United Kingdom (UK) minister of state for foreign and commonwealth affairs (incharge of trade, trade policy, South East Asia, South Asia and Afghanistan,...
Complete Story
Gold prices at new peak of Rs7,715
KARACHI, Dec 8: Local bullion rates have touched the new peak of Rs7,715 per 10 grams on Monday as a result of rising price trend of gold which peaked to $409...
Complete Story
Gulf, Saudi investors interested in sell-off
DHAHRAN, Dec 8: A number of Saudi and Gulf investors are showing interest in the privatization process in Pakistan. The privatization process in Pakistan has earned more than Rs16 billion within...
Complete Story
Pakistan, Kazakhstan sign trade accord
ISLAMABAD, Dec 8: Pakistan and Kazakhstan on Monday signed an agreement to promote and protect bilateral trade and investment and enhance economic, scientific and technical cooperation....
Complete Story


Ministry to help traders in tapping new markets
ISLAMABAD, Dec 8: The ministry of commerce will facilitate exporters in tapping new markets for their products to enhance country’s share in the international trade....
Complete Story
Exports to Afghanistan may touch $500 million
KARACHI, Dec 8: Pakistan’s exports to Afghanistan are expected to touch $500 million mark by end of current fiscal year 2003-2004....
Complete Story
KSE 100-share index recovers 45.98 points
KARACHI, Dec 8: Stocks on Monday turned in a credible performance on strong buying aided by rumours about the fixing of final bidding date for the sell-off of controlling shares of...
Complete Story
ADB sees higher growth in 2004: Developing economies
MANILA, Dec 8: Asia’s developing economies are expected to post higher-than-expected average growth of 5.7 per cent in 2003 and 6.2 per cent next year, the Asian Development Bank (ADB) forecast...
Complete Story


EU moves WTO over Indian trade measures
BRUSSELS, Dec 8: The European Commission said on Monday it would dispute Indian trade restrictions at the World Trade Organization, saying India’s anti-dumping measures have hit 50 million euros of EU...
Complete Story
Most deals finalized at previous rates
KARACHI, Dec 8: Trading activity on the cotton market on Monday remained light as spinners kept to the sidelines most of the time apparently having look at their inventories before resuming...
Complete Story
Mid-term changes in FPCCI opposed
QUETTA, Dec 8: The Vice President of Federation of Pakistan Chambers of Commerce and Industry, Sardar Mohammad Ali Jogezai has deplored the moves by a group to replace the FPCCI president...
Complete Story
Karachi Port operations
KARACHI, Dec 8: Five vessels carrying containers and chemicals are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
Complete Story


Port Qasim
KARACHI, Dec 8: Two ships carrying chemicals were allotted berths at Multi Purpose Terminal and Engro Vopak Terminal during the last 24 hours, said a PQA press release on Monday....
Complete Story
Iran faces petrol shortages
TEHRAN, Dec 8: With fuel consumption up and the government unwilling to run the risk of cutting its hefty subsidies at the forecourt, Iran is facing the prospect of serious petrol...
Complete Story
Fed may keep rates steady
WASHINGTON, Dec 8: Federal Reserve policymakers will hold US interest rates at a 45-year low on Tuesday and no increase is likely before late 2004 despite an economic boom, analysts said....
Complete Story
Trade team
KARACHI, Dec 8: An FPCCI delegation left for South Africa, Mozambique and Swaziland on Sunday to explore avenues for promoting bilateral trade and economic ties with these countries....
Complete Story


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