| 13 March 2004 | Saturday | 21 Muharram 1425 |
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Govt to purchase surplus sugar
ISLAMABAD, March 12: The government has agreed to purchase about 500,000 tons of surplus sugar from the mills to replenish its buffer stock and ensure that sugar prices do not fall below Rs18 per kg in the local market. ... 
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EU wants trade row with Pakistan defused
BRUSSELS, March 12: Worried by the sudden deterioration in the European Union's economic relations with Pakistan, the European Commission is hoping to defuse a series of unusually acrimonious trade rows with Islamabad over the coming months. ...
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Sale of TVs jumps as matches get under way
KARACHI, March 12: The sale of television sets, mostly with large screens, has registered an increase ahead of the Pakistan- India Cricket series which kicks off on Saturday at the National Stadium. ...
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More services under GST net
ISLAMABAD, March 12: The Central Board of Revenue has proposed to the federal government the inclusion of six to 15 new services to be brought under the GST net from the next financial year. ...
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Directive to implement new pesticides rules
MULTAN, March 12: The Punjab agriculture department has finally directed the provincial authorities concerned to ensure implementation of the new agricultural pesticides rules announced by the federal government through SRO-21/2004. ...
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Textile quota to EU will rise 15pc
ISLAMABAD, March 12: Pakistan's textile quota will increase by about 15 per cent during the year 2004 following the entry of 10 new countries into the European Union. ...
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Industrialists upset over today's holiday
KARACHI, March 12: The Directorate of Labour Sindh's directive to observe Saturday (March 13) as a holiday in all local industries has irked industrialists who think the decision will hit the daily productivity, besides hampering exports. ...
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SBP issues guidelines for NGOs: Micro finance banks
KARACHI, March 12: Micro finance institutions sponsored by non-governmental organizations can transform themselves into micro finance banks but they will have to observe a set of rules laid down by the State Bank. ...
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PICIC offers Rs150m housing finance
KARACHI, March 12: Pakistan Industrial Credit & Investment Corporation (PICIC) has entered into agreements with two cooperative societies to provide them more than Rs100 million housing finance. ...
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India backs outsourcing of jobs
NEW DELHI, March 12: Indian Prime Minister Atal Bihari Vajpayee on Friday slammed the United States for seeking to block the outsourcing of jobs to foreign countries and cautioned that India's economic reforms could not ignore the need for a socially equitable development. ...
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Trading gets slow on cotton market
KARACHI, March 12: Trading on the cotton market on Friday remained slow as spinners kept to the sidelines followed by reports of falling yarn prices and a considerable decline in local demand. ...
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Stocks extend overnight run-up, rise by 11 points
KARACHI, March 12: Stocks on Friday extended overnight run-up as investors were not inclined to miss the rising market in the backdrop of an ambitious privatization programme and lower prices of cement shares. ...
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