Prices in world market at their peak: Wheat import
KARACHI, Jan 9: Strange are the methods of this elected civilian- military set up. The Trading Corporation of Pakistan (TCP) under its charter is a public sector organization to import and export goods and commodities in contingency.
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SBP to launch new monitoring system
KARACHI, Jan 9: The State Bank will introduce sometime during this quarter a new system of monitoring/surveillance and supervision of banks and development finance institutions (DFIs).
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Electronic system to collect port charges
KARACHI, Jan 9: The Karachi Port Trust is introducing electronic transfer system for collection of all category of port charges and with this, cash handling and payments will come to an end before the close of this month.
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7 items excluded from ATT negative list
ISLAMABAD, Jan 9: The government has excluded seven more items from the negative list of Afghan Transit Trade (ATT). The items, which were excluded from the list
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'All sectors open for investment'
ISLAMABAD, Jan 9: Pakistan has opened up all sectors for fresh investments without any restrictions and discrimination regarding the investment and privatization opportunities being extended to reach the private sector.
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Exports of finished goods up by 14.6pc
ISLAMABAD, Jan 9: The exports of finished goods increased by 14.6 per cent during the period July-December 2003 as compared to the corresponding period of previous year
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Pakistan, Afghanistan JMC begins tomorrow
ISLAMABAD, Jan 9: Pakistan and Afghanistan are likely to consider a string of measures for increasing the volume of bilateral trade between the two countries.
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Arif Habib elected KSE chief
KARACHI, Jan 9: Arif Habib, one of the former presidents of the Karachi Stock Exchange, was on Friday unanimously elected chairman of the board of directors for the year 2004.
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KSE to increase investors' base
KARACHI, Jan 9: The newly-elected chairman of Karachi Stock Exchange, Arif Habib, outlining the agenda for the current year, has said that focus will be on attracting foreign investors
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Another foreign fund may be launched
ISLAMABAD, Jan 9: The Hong Kong-based Crosby Investment Company intends to establish another Rs1.5 billion private equity fund in Pakistan to promote investment and expand industrial base.
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Sterling, euro shoot up to new heights
KARACHI, Jan 9: The euro made a huge recovery of both inter- bank and open currency market here on Friday after losing ground to the local currency on Thursday.
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Bechtel wins $1.8bn Iraq contract
CAIRO, Jan 9: US engineering giant Bechtel's landing a juicy $1.8 billion contract for reconstruction in Iraq topped economic news in the Middle East this week, with tenders announced for 17 more contracts worth a total $5 billion.
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Textile quota to EU up by 11pc
KARACHI, Jan 9: Textile quota exports to European Union (EU) have registered 11 per cent increase in quantity and 25.69 per cent in value during quota 2003, when compared with previous quota year of 2002, EPB sources said on Friday.
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Karachi Port operations
KARACHI, Jan 9: Five ships carrying base oil, general cargo and containers are expected to arrive at the outer anchorage on Saturday, according to KPT sources.
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Cotton market lacks normal trading
KARACHI, Jan 9: Cotton market on Friday lacked normal trading interest as both the buyers and the sellers adhered to their respective positions apparently awaiting fresh developments on the world front.
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Weekend selling clips gain on stock market
KARACHI, Jan 9: Stocks on Friday recovered from the overnight lows on active short-covering in most of the pivotals aided partly by expectations of peace with India in the backdrop of the current overtures
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