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DAWN - the Internet Edition



06 April 2004 Tuesday 15 Safar 1425

Business


Gujranwala, Duddar estates get EPZ status
ISLAMABAD, April 5: The Economic Coordination Committee of the cabinet here on Monday accorded the status of Export Processing Zone to an existing Industrial Estate-III at Gujranwala and to the Duddar Lead Linz Project in Lasbela district of Balochistan. ...
Complete Story
High test charges for products hit small exporters
KARACHI, April 5: High charges taken by the government-owned ECO Textile Laboratory for making various tests are causing a lot of problems for small and medium exporters who have to meet the conditions laid down by their foreign buyers. ...
Complete Story
Trade gap widens by 36pc in 9 months
ISLAMABAD, April 5: Pakistan's trade deficit shot up to a record $1,599.88 million (Rs91.91 billion) during the first nine months of the fiscal year 2003-04, according to the aggregate trade figures released by the Federal Bureau of Statistics here on Monday. ...
Complete Story
Industrial units likely to face heavy penalties: Refusal to provide information for surveys
KARACHI, April 5: The government may consider imposing heavy penalties and stringent punishment on those individuals and business concerns who refuse to provide information sought by the Federal Bureau of Statistics for its various surveys. ...
Complete Story
Govt may raise Rs15bn thru privatization
KARACHI, April 5: The Privatization Commission is expected to raise a total of over Rs15 billion through divestments in government held equity, during the current financial year. ...
Complete Story
Raw cotton output
KARACHI, April 5: The raw cotton production has surpassed last year's output by 71,606 bales at 9,750,007 bales as per phutti arrival figures received up to April 1, 2004. ...
Complete Story
Pakistan to get additional textile quota: EU enlargement
KARACHI, April 5: Pakistan will get additional quantity of textile quota from the European Union after the induction of 10 new members states on May 1, 2004. ...
Complete Story
PC invites EoIs for PTCL shares in CTI
ISLAMABAD, April 5: The Privatization Commission has offered 53 per cent shares held by Pakistan Telecommunication Company Limited (PTCL) in Carrier Telephone Industries (CTI) for sale to a qualified investor as "a going concern" basis with management control. ...
Complete Story
Pre-bid moot for PFL
ISLAMABAD, April 5: The Privatization Commission on Monday held first pre-bid conference for the sale of 94.8 per cent shares of Pak-Arab Fertilizer Limited (PFL). ...
Complete Story
Three firms fined
ISLAMABAD, April 5: The Securities and Exchange Commission of Pakistan (SECP) has penalized three listed companies for failure to hold Annual General Meetings within the timeframe laid down in the Companies Ordinance, 1984. ...
Complete Story
Spinners, mills make covering purchases
KARACHI, April 5: An active trading was witnessed on the cotton market on Monday as spinners and mills made near-panic covering purchases amid reports of falling unsold stocks with the ginners. ...
Complete Story
Bulls rule KSE, index crosses 5,200-point barrier
KARACHI, April 5: Heavy buying in the leading shares on Monday pushed the KSE 100-share index above the barrier of 5,200 points and analysts predict it could well prove the beginning of its march to the next chart point of 6,000 level. ...
Complete Story


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