Consumption expenditure survey gets under way
KARACHI, April 19: The government launched on Monday a quick two week household consumption expenditure survey from Islamabad, Lahore and Karachi to investigate quality of life of people living in about 5,600 sample dwellings of 35 districts of the country.
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Foreign investment falls by 12pc
ISLAMABAD, April 19: The net foreign investment to Pakistan has dropped by 12 per cent to $586.8 million during nine months (July-March) of the current fiscal year compared with $664.7 million of the same period last year, revealed SBP figures.
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Cotton crop size likely to be below target
KARACHI, April 19: Dwindling arrival of phutti (seed cotton) from fields into ginneries reflects the size of crop below the government's revised estimate of 10 million bales.
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FTA with Singapore soon
ISLAMABAD, April 19: Pakistan and Singapore would shortly sign a Free Trade Agreement (FTA). Official sources told Dawn here on Monday that a high level Singapore delegation led by Minister for Health and Transport Mr. Balaji Sadasivan would hold detailed meeting
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Al-Mal Corporation sold to Jehangir Siddiqui
KARACHI, April 19: Al-Mal Corporation Limited has signed an agreement with Jahangir Siddiqui and a new board of directors for sale of 4 million shares along with total change of corporate control of the Al-Mal Corporation.
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Businessmen urged to explore new markets
KARACHI, April 19: State Bank of Pakistan Governor Dr Ishrat Hussain urged Pakistani businessmen on Monday to look forward and explore global market opportunities in order to double country's exports in the next five years.
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NRB help sought to set up SME bureau
KARACHI, April 19: The Union of Small and Medium Enterprises (Unisame) has sought the assistance of the National Reconstruction Bureau (NRB) in setting up SME promotion bureau.
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Govt to raise Rs40bn thru PIBs
KARACHI, April 19: The State Bank has announced to sell Rs40 billion long-term Pakistan Investment Bonds in April and May 2004. The central bank may announce to sell more of these bonds if the government so desires.
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Singapore trade team visits KSE
KARACHI, April 19: A 20-member Singapore ministerial trade and investment mission visited the Karachi Stock Exchange on Monday. The delegation, led by Minister of State for Health and Transport Dr Balaji Sadasivan, represented real estate
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PCGA opposes hedge trading
ISLAMABAD, April 19: Pakistan Cotton Ginners' Association (PCGA) has opposed the government's move to open hedge and future trading in cotton, which, they believed, could not only endanger the economy but also result in disaster for ginners.
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Spinners, mills cover forward positions
KARACHI, April 19: Trading on the cotton market on Monday resumed on a firm note as spinners and mills continued to cover their forward positions against foreign sales of cotton yarn for the last quarter of the current year.
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KSE index crosses 5,600-point barrier
KARACHI, April 19: The KSE 100-share index on Monday maintained its winning streak and breached through the psychological barrier of 5,600 with a a wide margin boosted by heavy buying in OGDC amid rumours of an imminent launch of its GDRs.
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