| 20 February 2004 | Friday | 28 Zilhaj 1424 |
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Kuwait offers to sublet $1bn Iraq contracts
ISLAMABAD, Feb 19: Pakistan and Kuwait would sign on Friday a joint protocol to fund big development projects in Pakistan's major sectors while Kuwait has also offered to sublet up to $1 billion reconstruction contracts in Iraq to Pakistani companies. ... 
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Warehousing facility extended
ISLAMABAD, Feb 19: Kuwaiti Minister for Commerce and Industry, Abdullah Abdul Rehman Al-Taweel has invited the Pakistani business community and government to build warehouses in Kuwait Free Trade Zone to export their goods to the destinations of their own choice. ...
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Shaukat confident of NFC award by March 31: Commission meets today
KARACHI, Feb 19: The sixth National Finance Commission (NFC) is holding its fifth meeting on Friday at Peshawar with no indications of any agreement or consensus on fundamental issues having been reached among the stakeholders. ...
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Local dollar clearing system from March 11: Cheques, drafts
KARACHI, Feb 19: The State Bank has decided to introduce local US dollar instruments collection and settlement system from March 11 2004. All the banks operating in Pakistan whose head offices or branch offices are located in Karachi are supposed to participate in this system. ...
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Investment in DSCs falls by 68pc: July-December
KARACHI, Feb 19: Investment in the most popular Defence Saving Certificates (DSCs) fell to Rs3.149 billion in July-December 2003 down 68.5 per cent from 9.988 billion in July-December 2002. ...
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Indus Motor Company
KARACHI, Feb 19: On Wednesday, Indus Motor Company Limited announced financial figures for the first half of the financial year 2004 (July-December 2003), posting 86 per cent surge in earnings to Rs778 million. ...
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Saudi group to set up steel mill in Karachi
ISLAMABAD, Feb 19: A prominent Saudi business group has decided to set up a steel mill in Karachi at a cost of $100 million, says the Chairman, Board of Investment (BoI) Waseem Haqqie. ...
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Businessmen invited to open offices in Canada
LAHORE, Feb 19: Former Canadian Minister for Regional Industrial Expansion and leader of an investment delegation visiting Pakistan, Sinclair Stevens has invited Pakistani business community to open their offices in Canada ...
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Prices ease on cotton market
KARACHI, Feb 19: Cotton market on Thursday eased from the recent higher levels as some of the ginners sold odd lots apparently in an effort to stay clear in modest activity. ...
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Active selling slows down overnight run-up on KSE
KARACHI, Feb 19: Active selling in some of the market leaders, notably PTCL and PSO on Thursday slowed down the overnight run-up on stock market but instances of buying at the falling prices were not wanting. ...
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