| 08 January 2004 | Thursday | 15 Ziqa'ad 1424 |
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Core group to improve regional trade
ISLAMABAD, Jan 7: Commerce Minister Humayun Akhtar Khan said on Wednesday that his ministry had constituted a Core Group on Trade Diplomacy to review the existing bilateral and regional trade profiles ... 
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Govt to retire $1bn ADB debt in February
ISLAMABAD, Jan 7: The government has decided to retire $1 billion Asian Development Bank debt in early February. "Earlier, we had planned to initially repay World Bank and ADB loans worth $1 billion ...
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Mismanagement shrinks exporters' market: Textile quota
KARACHI, Jan 7: Mismanagement of textile quota and export policy has resulted in under utilization of majority of European Union (EU) textile categories during the quota year (2003) ...
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SBP to encourage use of KIBOR as reference rate
KARACHI, Jan 7: Corporates will soon find it difficult to get huge overdrafts or running finances from banks. The State Bank would soon make moves that would eventually phase out the culture of ODs and RFs. ...
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Collection at import stage up by 45pc
ISLAMABAD, Jan 7: The revenue collection at import stage has registered more than 45 per cent growth during the first half of the current financial year, over the same period of last year. ...
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India-Pakistan trade to boom
MUMBAI, Jan 7: Improving relations between India and Pakistan could open a window of opportunity for commodities trade and greatly benefit the neighbours, traders said on Wednesday. ...
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Cut-off yield on six-month TBs inches up
KARACHI, Jan 7: The State Bank on Wednesday allowed the cut- off yield on six-month treasury bills to inch up but kept the weighted average yield unchanged. ...
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Kuwait to reconsider plan to buy PSO
MANAMA, Jan 7: Kuwait's Supreme Oil Council has recommended further study into the possible investment by state-owned Kuwait Petroleum Corporation into Pakistan's retail fuel market, Kuwaiti media reported on Wednesday. ...
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Trade gap widens by 23.43pc in 6 months
ISLAMABAD, Jan 7: Pakistan's trade deficit jumped by 23.43 per cent to $728.33 million during the first half of 2003-04 as compared to the same period of previous year. ...
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Manual of corporate governance
ISLAMABAD, Jan 7: The Securities and Exchange Commission of Pakistan has prepared a Manual of Corporate Governance that explains the responsibilities of management ...
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Sunflower crop prospects
SUKKUR, Jan 7: A large number of farmers and agriculturists in Sindh have diverted to sunflower as a result of which Sunflower crop will be sown on more than double of the target area which was fixed by Pakistan Oilseed Development Board (PODB) Sindh. ...
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US opens bidding for $5 billion Iraqi contracts
WASHINGTON, Jan 7: The United States opened up bidding on Wednesday for $5 billion in new contracts to rebuild Iraq, the first in a string of lucrative deals funded by $18.6 billion appropriated by the US Congress but barred to those nations who opposed the Iraq war. ...
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Firm trend prevails on cotton market
KARACHI, Jan 7: Firm trend was witnessed on the cotton market on Wednesday as spinners were back in the rings and made extensive covering purchases irrespective of the asking prices. ...
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Peace overtures create buying euphoria on KSE
KARACHI, Jan 7: Stocks on Wednesday maintained their upward thrust followed by active short-covering on all the counters aided by positive end of the Islamabad summit and major breakthrough in relations with India. ...
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