| 29 January 2004 | Thursday | 06 Zilhaj 1424 |
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Unilever silent on mode of Dalda sale
KARACHI, Jan 28: Both Unilever Pakistan and their financial adviser Hong Kong and Shanghai Banking Corporation (HSBC) are keeping their cards close to the chest on the number of prospective buyers and the mode of sale of the company's Dalda business. ... 
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Aga Khan Fund to pay Rs11.4bn next month: Top HBL management to stay
KARACHI, Jan 28: The buyers of Habib Bank Ltd have decided to retain its senior officials including President Zakir Mahmood. They will take over the bank management after paying for 26 per cent of the bank shares in the middle of next month. ...
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PRL cancels fuel oil export tender
KARACHI, Jan 28: Pakistan's chances of re-entering the export business of fuel oil after over 20 years have hit snags following the cancellation of tender by Pakistan Refinery Limited (PRL). ...
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TCP buys sugar from mills
KARACHI, Jan 28: Trading Corporation of Pakistan (TCP) has purchased 79,000 tons sugar from 14 sugar mills at a rate of Rs14,100 per ton against its second procurement tender. ...
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ECO tax cooperation framework proposed
ISLAMABAD, Jan 28: Pakistan has proposed to evolve a framework for cooperation among the tax authorities of the ECO- member countries aimed at facilitating their respective businessmen. ...
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Prudential regulations revised for modarabas
ISLAMABAD, Jan 28: The Securities and Exchange Commission of Pakistan here on Wednesday unveiled revised prudential regulations for modarabas which will come into effect immediately. ...
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Investment in petroleum sector
ISLAMABAD, Jan 28: Minister for Petroleum and Natural Resources, Ch. Nouraiz Shakoor said on Wednesday that incentives and facilities being offered to local and foreign investors in petroleum sector are not less than any other country of the world. ...
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Hubco to consider dividend in March
KARACHI, Jan 28: The Board of Directors of Hub Power Company (Hubco) will consider an interim dividend at their next meeting to be held in early March. An announcement to this effect was made in a statement of the company here on Wednesday. ...
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Pakistan, Iran may give relief on 400 items
ISLAMABAD, Jan 28: Pakistan and Iran are likely to give duty concessions on around 400 tradable items under the proposed bilateral preferential trade agreement (PTA). ...
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Ishrat rules out non-tariff barriers
WASHINGTON, Jan 28: Governor, State Bank Dr Ishrat Husain on Tuesday said "outward-looking strategy" that promotes exports and integrates Pakistan into the world economy is in the best interest of the country for accelerating growth and reducing poverty. ...
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Cheerless conditions on cotton market
KARACHI, Jan 28: Cheerless conditions prevailed on the cotton market on Wednesday as both buyers and sellers adhered to the sidelines awaiting some fresh development on the export front. ...
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Profit-selling clips gain on stock market
KARACHI, Jan 28: Stocks on Wednesday finished with an extended gain but off the day's best level as mid-session profit-selling clipped in part initial gains in some of the leading shares. ...
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