Execution linked to ministers' approval: EU duty on bedlinen
KARACHI, Feb 6: The Council of Ministers of the European Union (EU) will take up the issue of anti-dumping duty on Pakistani bedlinen in the second week of this month.
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Pakistan, Singapore discuss economy
SINGAPORE, Feb 6: Finance Minister Shaukat Aziz on Friday said that policies initiated by the Pakistan government over the past four years had enabled the country to achieve its economic sovereignty.
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Banks start quoting KIBOR lending rates
KARACHI, Feb 6: Banks on Friday started quoting for the first time KIBOR-related lending rates to corporate customers amidst protest from businessmen against linking KIBOR-based lending to larger financing volumes.
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Strike hits industrial production
KARACHI, Feb 6: City's main industrial areas on Friday suffered production losses as a large number of workforce failed to reach their respective units owing to a strike call given by the Muttahida Majlis-e-Amal
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Moody's assigns B2 rating to Eurobonds
NEW YORK, Feb 6: Moody's Investors Service has assigned its B2 rating to the pending five-year Eurobond issue by Pakistan.
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Wheat import tender scrapped
KARACHI, Feb 6: State-run Pakistan Agriculture Storage and Supplies Corporation (Passco) has cancelled a tender to import 150,000 tons of milling wheat following a review of domestic supplies, an official said on Friday.
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SSGC offering begins from 9th
ISLAMABAD, Feb 6: Public subscription for the sale of five per cent shares of Sui Southern Gas Company (SSGC) will be held on February 9-11, the Privatization Commission said on Friday.
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Duty on soda ash: NTC hearing on 21st
ISLAMABAD, Feb 6: The National Tariff Commission will hold a public hearing on Feb 21 to consider the impact on domestic industry of drastic reduction in customs duty from 20 to 10 per cent on soda ash in the budget 2003-04.
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FPCCI proposes amendments in FTO ordinance
KARACHI, Feb 6: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for strengthening of Federal Tax Ombudsman's (FTO) institution through various amendments in FTO ordinance.
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Pakistan, India discuss software cooperation
BANGALORE, Feb 6: A group of Pakistani software entrepreneurs on Friday visited India's technology hub to see for themselves how this country has become a favoured destination for Western outsourcing contracts.
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Trading remains dull on cotton market
KARACHI, Feb 6: After about a week's closure on account of Eid holidays, trading on the cotton market resumed on a dull note as both buyers and sellers were conspicuous by their absence.
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KSE 100-share index gains another 47.13 points
KARACHI, Feb 6: Stocks on Friday maintained their upward drive followed by active institutional buying on selected counters triggered by the perception that the acceptance of nuclear proliferation charges by A.Q. Khan may not have negative fallout
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