| 04 June 2004 | Friday | 15 Rabi-us-Saani 1425 |
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Sindh gets only 6pc share in PSDP
KARACHI, June 3: Sindh hardly got a six per cent share in the Rs202 billion Public Sector Development Programme (PDSP) for 2004-05 as the projects approved by the National Economic Council early this week show an allocation of Rs11.65 billion development funds only. ... 
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Asian Bank opens dialogue with banks: Long-term lending
KARACHI, June 3: The Asian Development Bank opened dialogue with local and foreign banks operating in Pakistan to see how the banks can make rupee lending for infrastructure projects on behalf of the ADB. ...
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Banks to offer loans for computers
KARACHI, June 3: Banks will now offer loans on concessional rates under a special package to their clients for purchase of computers, the Sindh Minister for Information Technology, Syed Mustafa Kamal, said after a meeting ...
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Sindh wants just share under NFC award
KARACHI, June 3: Sindh Governor Dr Ishratul Ibad has said that the provincial government has taken a firm stand on the resources distribution and will insist that it should be given its due share under NFC award ...
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Action plan finalized for IOSCO approval: Cross-border trading
ISLAMABAD, June 3: The working group on cross-border activities of the securities firms in emerging markets has finalized its report and action plan for approval by the International Organizations of Securities Commissions (IOSCO). ...
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Returns: directive to tax officials
KARACHI, June 3: The Central Board of Revenue has asked tax officials not to issue notices to taxpayers seeking further information or documents with regard to returns filed under the Universal Self Assessment Scheme ...
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PICIC raises authorized capital to Rs3 billion
KARACHI, June 3: An extraordinary general meeting of Pakistan Industrial Credit and Investment Corporation (PICIC) on Thursday raised the authorized capital of the corporation to Rs3 billion. ...
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Production of sugar rises by 8.6pc
KARACHI, June 3: Sugar mills in the country together produced four million tons of sugar during the crushing season 2003-04, which showed 8.6 per cent higher output compared to 3.7 million tons of sugar produced in the previous season. ...
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Pakistan, Sri Lanka may cut duties
ISLAMABAD, June 3: Pakistan and Sri Lanka are likely to develop consensus on scaling down custom duty on 2-4 items to finalize the much awaited free trade agreement (FTA) between the two countries. ...
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Jute millers seek 5pc export subsidy
ISLAMABAD, June 3: The Pakistan Jute Mills Association (PJMA) on Thursday urged the government to allow a five per cent export market assistance and reduce rate of withholding tax on export of jute goods. ...
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Trading remains dull on cotton market
KARACHI, June 3: Trading on the cotton market on Thursday remained insipid owing to tense law and order situation and fears of fresh violence in Friday's country-wide strike called by the MMA to mourn the death of a leading religious scholar. ...
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KSE index suffers 183-point single-session fall
KARACHI, June 3: The KSE 100-share index on Thursday suffered a second single-session largest fall in its trading history after it plunged 183 points or 3.35 per cent ...
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