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DAWN - the Internet Edition



18 January 2004 Sunday 25 Ziqa'ad 1424

Business


Insurance cos offering terrorism cover: Bankruptcy feared
KARACHI, Jan 17: As many as half a dozen top private general insurance companies of Pakistan are offering terrorism cover business without getting any arrangement from the international reinsurance companies. ...
Complete Story
Euro, pound, Iraqi dinar lose charm
KARACHI, Jan 17: The euro lost more than three per cent of its value against the rupee in the open currency market within a week. The single European currency closed at Rs71.50 for spot selling by money changers on January 17 ...
Complete Story
ICC calls business to stand up, be counted
KARACHI, Jan 17: Central bankers and leading corporate leaders see creeping protectionism as a threat to globalization. "As powerful nations lean more towards domestic agendas, the multilateral trading system has never looked more fragile," says Jean-Rene Fourtou ...
Complete Story
0.4m workers lose jobs due to hosiery units closure
KARACHI, Jan 17: A large number of hosiery units have been closed down rendering over 0.4 million skilled and unskilled workers jobless. As a result of this over 250,000 stitching machines and around 5000 to 6000 knitting machines have also become idle. ...
Complete Story
PSMA briefs Shaukat on sugar crisis
ISLAMABAD, Jan 17: The sugar industry on Saturday asked the government to either impose a 60 paisa per kg cess to help export sugar or purchase 0.3-0.4 million tons of the commodity to stabilize its prices ...
Complete Story
EU to review proposed duty: Bedlinen
ISLAMABAD, Jan 17: The European Union (EU) member countries have given an assurance to Pakistan's official delegation that they will look into the levy of proposed anti-dumping duty on Pakistan's bedlinen. ...
Complete Story
Faletti's Hotel 2nd pre-bid conference
ISLAMABAD, Jan 17: The Privatization Commission is holding second round of pre-bid conference for the sale of Faletti's Hotel, Lahore, on Monday (Jan 19) at Lahore. According to a handout issued here on Saturday, 16 parties who have submitted EoIs have been invited to attend the conference ...
Complete Story
New valuation system conforms to WTO
KARACHI, Jan 17: Member Customs, Central Board of Revenue (CBR), Mohammad Ramzan Bhatti has said that the Section 25 of the new proposed International Trade Price (ITP) database scheme is fully in conformity with the WTO and GATT and that the Section is already vetted. ...
Complete Story
Pakistan to take up trade issue with Poland
ISLAMABAD, Jan 17: Pakistan is considering a string of measures to be taken up with the Polish authorities for consideration to reduce trade imbalance between the two countries. ...
Complete Story
WEFmembership to be encouraged
ISLAMABAD, Jan 17: The government will encourage corporate sector to seek membership of the World Economic Forum (WEF), which will provide a good opportunity to project and amplify Pakistan's investment agenda at the forum. ...
Complete Story
Investment banks act as engine of growth
KARACHI, Jan 17: The investment banks contribute significantly to the development of national economies in general and financial markets in particular. ...
Complete Story
SPI declines by 0.37pc
ISLAMABAD, Jan 17: The Sensitive Price Indicator (SPI) declined by 0.37 per cent during the week ending Jan 15, 2004, as compared to the previous week. ...
Complete Story
Roadshow for SSGC offering
ISLAMABAD, Jan 17: The Privatization Commission is holding the second roadshow at Lahore on Monday (Jan 19) for the public offering of five per cent government shares in Sui Southern Gas Company ...
Complete Story
Trade marks registry
ISLAMABAD, Jan 17: Trade Marks Registry with the assistance of World Intellectual Property Organization is computerizing its work to improve quality of service and enhance performance. ...
Complete Story
Cheerless trading on cotton market
KARACHI, Jan 17: Physical activity on the cotton market on Saturday remained cheerless as both ginners and spinners adhered to the sidelines awaiting arrival figures for the fortnight ended January 15. ...
Complete Story
Fair global trade regime demanded
DHAKA, Jan 17: A two-day international business conference kicked off in Dhaka on Saturday with a call for narrowing down the gap between developed and developing nations for a fair international trading regime ...
Complete Story


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