| 12 June 2004 | Saturday | 23 Rabi-us-Saani 1425 |
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Manufacturing sector grows by 13.4 per cent
ISLAMABAD, June 11: The manufacturing sector continued to maintain its growth momentum during the current fiscal year and recorded an impressive and broad-based growth of 13.4 per cent, against the target of 7.8 per cent ... 
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Oil import bill reduced by $208m
ISLAMABAD, June 11: Pakistan saved $208 million on account of reduced oil import bill during the current fiscal year despite high international prices, suggests the Economic Survey 2003-04. ...
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KSE market capital rises by 92.4pc
ISLAMABAD, June 11: Market capitalization of Karachi Stock Exchange increased during the first 10 months of 2003-04 by 92.4 per cent to Rs1,436 billion (as on April 30, 2004) as the KSE 100-share index rose by a steep 59.6 per cent to 5,430.4 points from 3,402.5 as on June 30, 2003. ...
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Inflation shoots up by 7.13pc in May
KARACHI, June 11: Yearly inflation, measured by the Consumer Price Index, shot up by 7.13 per cent last month and by 4.22 per cent in 11 months of the current fiscal year 2003-04, against the full fiscal year target of 3.9 per cent. ...
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Kissan package disappoints small growers
MULTAN, June 11: Growers and their organizations have offered mixed reaction to the 'Kissan package' announced by President Gen Pervez Musharraf on Thursday. ...
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Quota phase-out rate stands at 25-30 per cent
KARACHI, June 11: Despite the fact that all the textile quotas would come to an end on December 31, 2004, most of the countries have so far phased out 25 to 30 per cent quotas. ...
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Govt to offer 10pc PPL shares
KARACHI, June 11: The government intends to offer 10 per cent shares in Pakistan Petroleum Limited (PPL) out of its paid-up capital of Rs6.850 billion. Moin M. Fudda, Managing Director Karachi Stock Exchange, confirmed on Friday. ...
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TRG acquires US call centre firm
KARACHI, June 11: The Resource Group (TRG), the largest IT-enabled services company in Pakistan, announced on Friday, its acquisition of DCS Inc. (DCS), a South Dakota based provider of call centre services. ...
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Cotton market rules firm
KARACHI, June 12: Cotton market on Friday showed firm trend as spinners made fresh covering purchases anticipating a number of incentives for the textile sector in the budget for 2004-05. ...
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Hopes for incentives help stocks recover 13 points
KARACHI, June 11: Stocks on Friday staged a smart recovery as institutional traders covered positions at the lower levels on those counters, which were rumoured to be the chief beneficiary of the fiscal incentives in the budget for 2004-05 ...
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