| 09 April 2004 | Friday | 18 Safar 1425 |
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Fertilizer makers may not meet demand: Exports to Kabul
KARACHI, April 8: The fertilizer sector during the past few months has undergone many changes, which include: higher urea prices due to culmination of a 10-year subsidy on feedstock gas for expansion plants ... 
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Concessions to Pakistan: WTO rejects Indian plea
LONDON, April 8: India has failed to convince the World Trade Organization of its case that it was being discriminated against while Pakistan was granted special trading concessions in textile exporting. ...
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Freight rates hike criticized
KARACHI, April 8: Towel Manufacturers' Association of Pakistan (TMA) chairman Syed Usman Ali has criticized shipping lines for increasing freight charges for Canada and South America. ...
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Passco to procure 1.4m tons wheat this year
LAHORE, April 8: Pakistan Agricultural Storage & Services Corporation (Passco) will procure 1.4 million tons of wheat from Punjab, Sindh and Balochistan this year. ...
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Regularization date extended
KARACHI, April 8: The State Bank on Thursday decided to give a regularization period up to December 31, 2004 to banks/ development finance institutions (DFIs) for all those subsidiaries which were established before the issuance of BPD Circular No.7 dated March 8, 2004. ...
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Financial assistance sought from Japan bank
KARACHI, April 8: Pakistan has sought financial assistance from Japan Bank for International Cooperation (JBIC) in the construction of factory shells and infrastructure development of the Women Entrepreneurs' City. ...
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Confectionery plant
LAHORE, April 8: A Lebanese business group is considering setting up a confectionery plant either in India or Pakistan to cater to the needs of South Asian and Central Asian markets. ...
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US manufacturing outlook rises to record high
WASHINGTON, April 8: A barometer of the US manufacturing outlook shot to a record high in March, and factory job prospects improved, a survey of industry executives showed on Thursday. ...
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BD to move WTO against Indian dumping duties
DHAKA, April 8: The government of Bangladesh has decided to go to the WTO's Dispute Settlement Body for a ruling on a long-standing trade dispute with India as regards the latter's "anti-dumping" measures imposed on the import of the former's lead-acid batteries more than three years ago. ...
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Indian exporters gird for more rupee gains
MUMBAI, April 8: Indian exporters are wincing as the rupee is set to post an unprecedented third year of gains against the dollar, but the rise is forcing them to tighten their belts and become more competitive, analysts said. ...
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Trading fails to pick up on cotton market
KARACHI, April 8: Physical activity on the cotton market on Thursday failed to pick up as both spinners and mills were conspicuous by their absence, eyeing the recent negative developments on the foreign trading centres. ...
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Stocks maintain steady trend, gain another 34 points
KARACHI, April 8: Stocks on Thursday remained in a bullish frame of mind as despite profit-selling at the fag-end of the session on selected counters at the inflated levels ...
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