| 09 March 2004 | Tuesday | 17 Muharram 1425 |
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Cement up by Rs10 per 50kg bag
KARACHI, March 8: Price of cement has climbed up by an average Rs10 a 50kg bag in the market, but cement giants, operating under a powerful cartel, are expressing ignorance about the issue of sudden price hike. ... 
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Australia seeks third-party DNA testing: Wheat consignment
ISLAMABAD, March 8: Australia has stepped up its efforts to save the $30 million wheat consignment from being rejected by Pakistan on grounds of being infected with fungus ...
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Car makers want policy to stay for five years: Automobiles
KARACHI, March 8: The local car assemblers want the government to continue their present automobile policy for at least next five years during which they would be able to achieve hundred per cent deletion and also make the industry export worthy. ...
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Textile exports to free trade zones suggested: Quota free regime
KARACHI, March 8: The country would not be able to compete in quota free regime if necessary measures needed towards increasing productivity of textile and clothing sector along with reducing infrastructure and power cost and rationalization of tariff were not adopted. ...
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LSE cuts tick size
LAHORE, March 8: The Lahore Stock Exchange (LSE) has reduced the tick size from Rs0.05 to Rs0.01 for all shares valued Rs25 or below with effect from January 1, a press announcement said on Monday. ...
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0.25m looms to be upgraded
ISLAMABAD, March 8: The government has directed the National Productivity Organisation (NPO) to upgrade about 0.25 million power looms in the country, starting from Hyderabad where 500 looms reportedly require immediate replacement. ...
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Pakistan, Singapore discuss FTA proposals
ISLAMABAD, March 8: Pakistan and Singapore on Monday began talks to identify areas for duty concessions and cooperation under the proposed free trade agreement (FTA) between the two countries. ...
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'CBR working improved'
KARACHI, March 8: The Central Board of Revenue has now been transformed into an organic body having institutional approach towards revenue collection. ...
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Bank, DFIs asked to get State Bank approval: Opening of subsidiary
KARACHI, March 8: The State Bank of Pakistan has directed the banks/DFIs desiring to establish any subsidiary to obtain prior approval of the central bank. ...
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ECO members asked to share data on smuggling
ISLAMABAD, March 8: Finance Minister Shaukat Aziz has urged the ECO-member countries to share information for combating the menace of smuggling in the region which he said was causing harm to the local industries. ...
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Cotton market lacks lustre
KARACHI, March 8: Cotton market on Monday passed through a dull session as spinners stayed on the sidelines apparently awaiting the opening of New York future market and its likely impact on the local prices. ...
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Stocks off highs on profit-selling
KARACHI, March 8: Stocks on Monday finished with an extended gain but well below the day's peak levels owing to profit-selling in some of the leading shares. ...
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