| 18 February 2004 | Wednesday | 26 Zilhaj 1424 |
|
Exporters cancel orders for machinery: EU duty on bedlinen
KARACHI, Feb 17: Exporters have decided to boycott all European machinery, dyes and chemicals worth about $3 billion to mark their protest against the proposed 12.1 per cent anti-dumping duty being enforced ... 
|
|
Banks, DFIs ignoring SBP guidelines: Loan write-off
LAHORE, Feb 17: In spite of clear instructions from the State Bank of Pakistan, banks and development finance institutions (DFIs) are reluctant to extend to their borrowers the facility to immediately repay the full settled amount ...
|
|
||
|
Pakistan to examine stability in US rates: Eurobonds
KARACHI, Feb 17: Pakistan will examine the sustainability of the US interest rates before it swaps the fixed interest rate of its $500 million eurobonds with the floating rates to be quoted by foreign banks interested in the deal. ...
|
|
CNG cylinder price reduced
ISLAMABAD, Feb 17: M/s Faber Industries, the largest CNG vehicle and cascade storage cylinders supplier in Pakistan here on Tuesday announced revised prices in the US dollars instead of euro currency ...
|
|
|
||
|
0.2m tons wheat export plan being worked out
KARACHI, Feb 17: Two trading companies based in Karachi are negotiating export of about 0.2 million tons wheat to be available in next few weeks from the harvest which has begun on a very small scale in lower Sindh. ...
|
|
Experts body to demutualize bourses formed
ISLAMABAD, Feb 17: The Securities and Exchange Commission of Pakistan announced here on Tuesday the long-awaited first step towards demutualization and integration of stock exchanges ...
|
|
|
||
|
SSGC sale offer oversubscribed
KARACHI, Feb 17: The offer for sale of shares of Sui Southern Gas Company Limited has been oversubscribed by 16 times, said a press release issued by the Karachi Stock Exchange. ...
|
|
Expats send $2.25bn in 7 months
KARACHI, Feb 17: Workers' remittances or money sent back home by overseas Pakistanis totalled $2.256 billion during the period July-January 2003-04, down six per cent from about $2.402 billion during the same period of 2002-03. ...
|
|
|
||
|
Pakistan, Bahrain to exchange trade teams
BAHRAIN, Feb 17: Industries Minister Liaquat Ali Jatoi, arrived here on Tuesday to inaugurate Pakistan single country exhibition, which is being held here from February 17-20 . ...
|
|
25pc regulatory duty on jute goods sought
ISLAMABAD, Feb 17: The Pakistan Jute Mills Association (PJMA) has urged the government to impose 25 per cent regulatory duty on import of jute goods in order to provide immediate protection to the local industry. ...
|
|
|
||
|
Anomalies in margin trading rules discussed
ISLAMABAD, Feb 17: The chairman, Securities and Exchange Commission of Pakistan, Dr Tariq Hassan, here on Tuesday stressed upon the regulatory agencies to be cognizant of the world trends of markets ...
|
|
CBR starts reviewing ST audit report
LAHORE, Feb 17: The Central Board of Revenue is undertaking an independent review and scrutiny of every sales tax audit report to curb wrong doings and mal practices of auditors, said CBR member (audit) Syed Perwaiz Amjad here on Tuesday. ...
|
|
|
||
|
Spinners make selective covering purchases
KARACHI, Feb 17: Modest trading was witnessed on the cotton market on Tuesday as some of the spinners made selective covering purchases amid light trading followed by reports of lower than market expectations arrival figures of phutti into ginneries. ...
|
|
Energy, auto shares lead decline on stock market
KARACHI, Feb 17: Stocks on Tuesday again turned in a highly volatile performance as leading investors were not inclined to take positions on any of the counters apparently awaiting the outcome of Islamabad peace talk with India. ...
|
|
|
||
