| 17 March 2004 | Wednesday | 25 Muharram 1425 |
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Expenditure in six 'core' areas falls
ISLAMABAD, March 16: The pro-poor budgetary expenditure in six core sectors, out of a total of 23, has declined during the first half of the current fiscal year when compared with the same period last year. ... 
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PPL to double Adhi field output capacity
ISLAMABAD, March 16: Pakistan Petroleum Limited (PPL) has launched an aggressive expansion plan costing about $20 million to double production capacity at the Adhi fields. ...
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Remittances from US, UAE keep falling
KARACHI, March 16: Pakistanis in the United Arab Emirates sent back home only $391 million in eight months to February 2004 down 35 per cent from $604 million they had sent in a year ago period. ...
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Foreign investment sought
HYDERABAD, March 16: Prime Minister Mir Zafarullah Jamali has invited foreign entrepreneurs to invest in Pakistan, especially in the energy sector where vast opportunities are available for them. ...
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US asked to relax travel advisory
ISLAMABAD, March 16: Commerce Minister, Humayun Akhtar Khan has urged the United States to tone down the travel advisory which discourages buyers from visiting Pakistan. ...
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SECP approves 14 merger schemes in 02-03
KARACHI, March 16: During the year ended June 30, 2003, the Securities and Exchange Commission of Pakistan (SECP) issued 'no objection' to all fourteen schemes of arrangements for mergers and amalgamations (M&A) received by it. ...
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EU aid for livestock project
ISLAMABAD, March 16: European Union will provide 22.9m euro for a livestock development project, which starts next month. According to official sources, the project would be completed in six years at a cost of 25.942 million euro. ...
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US, Pakistan to discuss $600 million package
KARACHI, March 16: The US and Pakistan will hold talks on Thursday on a US aid package for the South Asian country totalling at least $600 million, Pakistani officials said on Tuesday. ...
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Cricket fever pushes TV sales up by 25pc
KARACHI, March 16: Sale of television sets has climbed by 20-25 per cent with start of cricket series between the sub-continent's traditional arch rivals Pakistan and India on March 13. ...
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ATM link-up
KARACHI, March 16: State Bank Governor Dr Ishrat Husain on Tuesday inaugurated the inter-connectivity of two ATM switches currently operating in Pakistan at a ceremony held at the State Bank head offices. ...
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Cotton market remains under pressure
KARACHI, March 16: The cotton market on Tuesday remained under pressure as ginners tried to get out of the long unsold positions at the current levels fearing further decline in prices. ...
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KSE 100-share index posts fresh gain of 27.65 points
KARACHI, March 16: Stocks on Tuesday showed fresh widespread gains as investors were not inclined to miss the rising market followed by predictions of a sustained bull-run aided by higher corporate dividend. ...
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