| 05 March 2004 | Friday | 13 Muharram 1425 |
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Islamabad, Tehran sign MoUs to boost trade: PTA, investment company
ISLAMABAD, March 4: Pakistan and Iran on Thursday signed memorandums of understanding (MOUs) to promote economic, communication, cultural and trade relations between the two countries. ... 
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4th Australian ship arrives: Wheat samples collected
KARACHI, March 4: The fourth Australian ship carrying imported wheat has reached Port Qasim and is now in the outer anchorage. The PASSCO officials have collected wheat samples from the fourth ship in presence of the visiting Australian experts on Friday. ...
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Average deposit rate sinks to 1.34pc
KARACHI, March 4: Banks paid a paltry average return of 1.34 per cent to their depositors in January this year whereas they charged an average interest of 5.04 per cent from the borrowers. ...
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Steel, pig iron prices double in 3 months: Auto parts' makers suspend operations
KARACHI, March 4: Auto parts makers have started suspending their production besides closing down their shifts and foundries owing to raw materials' sky rocketing prices and their looming shortage. ...
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Cotton standards meeting fails to make headway
MULTAN, March 4: Ginners expressed their willingness to cooperate in introducing cotton standards in the country during a meeting of the executive committee of Pakistan Cotton Standard Institute held on Thursday. ...
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PTA talks soon
ISLAMABAD, March 4: Commerce Minister Humayun Akhtar Khan said on Thursday that Pakistan and Yemen would soon start negotiations for signing a Preferential Trade Arrangement (PTA) to enhance bilateral trade between the two countries. ...
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SBP to issue licences for Islamic banks
KARACHI, March 4: The State Bank governor Dr Ishrat Husain on Thursday said the SBP would only issue banking licences for setting up exclusive Islamic banks. ...
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Hub Power Company
KARACHI, March 4: On Thursday morning, Hub Power Company Limited (Hubco) announced interim cash dividend at Rs1.60 (16 per cent) for the year ending June 30, 2004. ...
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Software to implement DTRE scheme evolved
KARACHI, March 4: The Central Board of Revenue has developed a software for implementing the Duty and Taxes Remission for Export (DTRE) scheme, and after a trial run it could be launched in a month or so. ...
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Database valuation system opposed
KARACHI, March 4: Pakistan Hardware Merchants' Association (PHMA) has expressed its concern over the CBR move to introduce database valuation system for assessment of prices of imported goods. ...
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Prices decline on cotton market
KARACHI, March 4: Cotton prices on Thursday fell from the recent higher levels apparently in sympathy with international markets and slack demand from the local buyers. ...
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Stocks maintain upward drive across-the-board
KARACHI, March 4: Stocks on Thursday maintained their upward drive across-the-board under the lead of energy and cement sectors amid predictions of higher interim earnings and enhanced dividends. ...
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