| 21 February 2004 | Saturday | 29 Zilhaj 1424 |
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Cotton ordinance yet to be enforced: Standardization
MULTAN, Feb 20: Ministry for Food, Agriculture and Livestock has failed to get the Cotton Standardization Ordinance 2002, enforced even after one-and-half-year of its promulgation thanks to redtape. ... 
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Govt to hold balloting for SSGC shares
ISLAMABAD, Feb 20: In view of 15 times over-subscription of five per cent shares of Sui Southern Gas Company (SSGC), the government would hold balloting on February 23 to determine successful applicants ...
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Banks, DFIs exposure rises to Rs50bn: Stock market
KARACHI, Feb 20: The exposure of banks and development finance institutions (DFIs) in the stock market crossed Rs50 billion mark at the end of January 2004. ...
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Kuwait resumes funding for major projects
ISLAMABAD, Feb 20: The Kuwait Development Fund on Friday broke its five-year "interlude" in their funding activities in Pakistan by offering assistance for infrastructure projects in this country. ...
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Centre may offer 45pc shares to provinces: Resource distribution
KARACHI, Feb 20: The federal government has indicated to offer 45 per cent of the divisible pool of federal taxes to the provinces, as against their demand for a 50-per cent share. ...
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Ibad hopeful about raise in NFC share
KARACHI, Feb 20: Sindh Governor Dr Ishratul Ibad has said that there is a possibility that the share of Sindh in the divisible pool will be raised adequately as the federal government has accepted Sindh's point of view. ...
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Dawood Hercules buys 31m shares in SNGPL
KARACHI, Feb 20: Dawood Hercules Chemicals Limited bought over 31 million shares in Sui Northern Gas Pipelines Limited late last month, taking its aggregate stake in the gas company to 22.44 per cent. ...
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Gwadar Port to make Pakistan maritime hub
KARACHI, Feb 20: The development of Gwadar Port would make Pakistan maritime hub for the region linking the West with Central Asian States and offering north India the port facility through land route of Kokrapar. ...
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Cotton market resists fresh decline
KARACHI, Feb 20: Cotton market on Friday resisted fresh decline as ginners held on to their positions anticipating further increase in prices in sympathy with higher New York cotton futures closing. ...
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Stocks shed 25 points on weekend profit-selling
KARACHI, Feb 20: Stocks on Friday further fell across a broad front as investors indulged in weekend profit-selling at the inflated levels, but the selling was well-absorbed at the dips. The KSE 100-share index shed 25 points at 4,868.82. ...
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