| 04 March 2004 | Thursday | 12 Muharram 1425 |
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Wapda, IPPs furnace oil demands increase: Export prospects bleak
KARACHI, March 3: Chances of exporting fuel oil in the near future appear bleak as major power producers have placed their demands for furnace oil from the local refineries up to June this year. ... 
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Cancellation of licences sought: Costly terminal operators
KARACHI, March 3: The Karachi Customs Agents Group (KCAG) has called upon the government to immediately cancel the licences of inefficient and costly private terminals operating at Karachi and Qasim ports ...
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Pakistani goods fair begins in India
NEW DELHI, March 3: India opened on Wednesday its first-ever trade fair of Pakistani goods amid thawing relations between the longtime foes but traders at the carnival spoke of backup plans if ties soured again. ...
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Pakistan, Iran JEC finalizes accords
ISLAMABAD, March 3: Pakistan and Iran Joint Economic Commission met here on Wednesday to finalize the economic and trade agreements for signature during the visit of the Iranian first vice president. ...
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Commercial banks raise farm lending
KARACHI, March 3: Flooded with excess liquidity, big commercial banks are now making larger loans to the agricultural sector than in the past. Agricultural loans disbursed by five major commercial banks in the first half of this fiscal year totalled Rs15.1 billion. ...
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Three trade accords with Yemen signed
ISLAMABAD, March 3: Pakistan and Yemen have signed three agreements for increasing economic and commercial relations between the two countries. Commerce Minister Humayun Akhtar Khan and Yemeni Minister for Industry and Trade Dr Khalid Rajeh Sheikh inked the agreements ...
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Australian wheat to be re-examined
ISLAMABAD, March 3: The Australian government has welcomed Islamabad's decision to resample and retest Australian wheat previously rejected against claims that it had not met quality specifications and was contaminated with Karnal bunt fungus. ...
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Pakistan Oil fields
KARACHI, March 3: The Board of Directors of Pakistan Oilfields Limited sat last week to approve financial results for the six months ended December 31, 2003. ...
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SBP chief asked to fulfil promise
ISLAMABAD, March 3: The Foreign Currency Association (Small Capital) of Pakistan here Wednesday called upon the Governor, State Bank of Pakistan, to fulfil his promises to its constituents or face a protest 'Dharna' in Islamabad. ...
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Govt to help promote rice export
ISLAMABAD, March 3: Prime Minister, Mir Zafarullah Khan Jamali said on Wednesday, the government would remove bottlenecks in the export of valuable cash crop of rice, besides, providing all facilities such as development of new varieties of rice and improvements in basmati rice seed. ...
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Cotton market rules firm
KARACHI, March 3: Cotton market on Wednesday maintained steady trend in quiet trading as spinners were not inclined to make fresh commitments apparently anticipating sympathetic fall in local lint prices after steep decline in New York cotton futures. ...
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KSE index posts fresh gain of 13.47 points
KARACHI, March 3: Stocks on Wednesday maintained uppish leaning as strong institutional support at dips did not allow investors to indulge in panic selling in the backdrop of Quetta killings and fears of its negative fall-out here. ...
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