| 06 May 2004 | Thursday | 15 Rabi-ul-Awwal 1425 |
|
Suspended protocol needs amendment: Shipping links with India
KARACHI, May 5: Chairman Karachi Port Trust (KPT) Vice Admiral Ahmed Hayat said on Wednesday that India and Pakistan could open up their sea ports for their flag ships once the suspended protocol was renewed to meet the modern era requirements. ... 
|
|
Wheat, flour supply still uncertain
KARACHI, May 5: The supply of wheat and flour in the city continues to remain uncertain for the second consecutive day after an extended three-day weekend holidays causing a price spiral in both the wholesale and retail markets. ...
|
|
||
|
Decisive NFC moot next week
KARACHI, May 5: The National Finance Commission is holding its final and decisive session next Tuesday and Wednesday at Islamabad with no trace of any consensus having been reached between the federation and the provinces and among the provinces on resource distribution formula. ...
|
|
Power breakdowns hit industrial production
KARACHI, May 5: City's industrial areas have been facing massive production losses besides failing to meet the timely export shipments to various foreign destinations owing to frequent power breakdowns for the last one week. ...
|
|
|
||
|
Pakistan's public debt-to-revenue ratio high: WB
ISLAMABAD, May 5: The World Bank has said that public debt-to-revenue ratio is exceptionally high in Pakistan and needs to be brought down sharply. ...
|
|
Exports cross $10bn in 10 months
ISLAMABAD, May 5: Pakistan's exports crossed the $10,000 million mark ($10,000.90 million) during the first ten months of the fiscal year 2003-04, up 13.05 per cent from the same period of previous year. ...
|
|
|
||
|
Exports to Afghanistan on the rise
KARACHI, May 5: Pakistan exported $224 million worth of goods to Afghanistan in eight months to February 2004 showing a four-fold increase over a year-ago exports of $50 million. ...
|
|
20pc PPL shares offering by month-end
ISLAMABAD, May 5: The government has decided to sell up to 20 per cent shares, instead of originally planned 10 per cent, of Pakistan Petroleum Limited (PPL) through initial public offering (IPO) by end of this month, Dawn has learnt. ...
|
|
|
||
|
5 regional trade pacts under way
KARACHI, May 5: Pakistan is right now involved in negotiations for finalization of five regional trade agreements (RTAs) with as many as two dozen countries. ...
|
|
Pakistan to issue Islamic bonds
KARACHI, May 5: State Bank Governor Dr Ishrat Hussain said on Wednesday the government would issue Islamic bonds because there stood a great demand of this investment instrument in Muslim countries, particularly the Middle East. ...
|
|
|
||
|
Cotton prices up amid dull trade
KARACHI, May 5: Cotton market on Wednesday lacked normal trading interest as spinners and mills withdrew to the sidelines after ginners raised their asking prices. ...
|
|
Stocks take technical pause, fall 17.21 points
KARACHI, May 5: Stocks on Wednesday took a technical pause as leading investors played on both sides of the fence rolling positions to those counters where the potential of capital gains is higher. ...
|
|
|
||
