Reduction in Wapda tariff unlikely: Fuel adjustment formula
ISLAMABAD, Jan 23: The National Electric Power Regulatory Authority (Nepra) is unlikely to reduce power tariff for Wapda consumers under the automatic fuel adjustment formula, Dawn has learnt.
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Power tussle leaves scars on FPCCI body
KARACHI, Jan 23: Now that all appears quiet in the Federation House where the office of the apex trade body, the Federation of Pakistan Chambers of Commerce and Industry is located.
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Small investors earn Rs1.6bn from OGDC: 5pc shares offering
KARACHI, Jan 23: In the public offer of 5 per cent shares in Oil and Gas Development Company Limited (OGDC) through the stock exchanges, the 82,276 small investors had benefited to the tune of Rs1.6 billion
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FPCCI calls for industrialization in rural areas
KARACHI, Jan 23: Industrialization should be focussed in rural areas, mainly agro-based industries, which is the only way to check increasing unemployment and reducing population influx into urban areas.
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Intellectual property rights
ISLAMABAD, Jan 23: The government has set up four sub- committees to recommend steps for making intellectual property rights laws more effective to check the menace of piracy.
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EU team visits Sialkot
SIALKOT, Jan 23: A European Union delegation has expressed its satisfaction over complete eradication of child labour from soccer ball industry, and assured all cooperation and technical assistance to boost its export.
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Ratings
KARACHI, Jan 23: JCR-VIS credit rating company has reaffirmed the long and medium term rating of Shakarganj Mills Ltd at A single minus with stable outlook and the short term rating at A2.
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Brand name 'Pakistan'
KARACHI, Jan 23: Acting President Mohammadmian Soomro has urged the participants of the Marketing Congress 2004 to propagate the brand name Pakistan.
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Pakistan to buy rice machinery from India
KARACHI, Jan 23: Pakistani rice exporters plan to visit India next month to finalize orders to buy up to 25 Indian parboiled rice-making plants in an attempt to boost exports of parboiled rice to the Middle East and African markets
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Efforts on to enhance exports
KARACHI, Jan 23: The Chairman, Export Promotion Bureau (EPB), Tariq Ikram, has said that Pakistan is enhancing its exports to desirable levels and they would hit 17pc of GDP this year.
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Sluggish trend on cotton market
KARACHI, Jan 23: Cotton market on Friday passed through another sluggish session as both ginners and spinners held on to their respective positions and did not indulge in physical activity.
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Stocks retreat after touching day's peak level
KARACHI, Jan 23: After opening higher, stocks on Friday reacted modestly from the early highs on weekend profit-selling but the underlying sentiment never showed signs that the current run-up is overdone.
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