| 19 June 2004 | Saturday | 30 Rabi-us-Saani 1425 |
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NWFP govt earmarks Rs16.19bn for ADP
PESHAWAR, June 18: The NWFP government has allocated Rs3,564 million for fresh development schemes, identified in the Annual Development Programme for 2004-05. ... 
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Korean envoy eyes $1bn trade with Pakistan
KARACHI, June 18: Korean Ambassador Jeon Boli-Guan said on Friday that bilateral trade between Pakistan and Korea would soon touch $1 billion mark. ...
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Trade deficit weakens rupee
KARACHI, June 18: A more than 78 per cent increase in imports in the last month has taken its toll on the exchange rate and the US dollar seems set to cross Rs58 mark by the end of this month. ...
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Tea blenders calculating price reduction
KARACHI, June 18: Tea blenders are busy in calculating the price cut in tea packets in the wake of government's decision to bring import duty on tea to 10 from 20 per cent in the 2004-2005 budget. ...
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42,000 ST payers de registration under way
ISLAMABAD, June 18: As many as 42,000 taxpayers will be de-registered from the sales tax net as a result of the measures proposed in the budget for promoting growth in the small and medium enterprises (SMEs). ...
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Rs580bn target to be achieved: CBR chief
ISLAMABAD, June 18: The chairman, Central Board of Revenue (CBR), Abdullah Yuosuf on Friday said that the CBR would achieve the annual revenue target of Rs580 billion set for 2004-05 without any downward revision. ...
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PC appoints lead manager for Kapco share offer
ISLAMABAD, June 18: The Privatization Commission has appointed M/s Global Securities Pakistan Limited as the Lead Manager for the initial public offering (IPO) of Kot Addu Power Company Limited (Kapco) shares. ...
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PIA share price drops
KARACHI, June 18: On June 7, the Privatization Commission offered 57.5 million shares in Pakistan International Airlines (PIA) for public subscription. That amounted to divestment of 10 per cent government equity in the airline. ...
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Trading picks up on cotton market
KARACHI, June 18: Trading on the cotton market resumed on a firm note as spinners and mills indulged in maiden post-budget big-lot business sans the 15 per cent sales tax. ...
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Late burst of short-covering restricts fall on KSE
KARACHI, June 18: Stocks on Friday finished well above the day's lows as a late burst of institutional short-covering at the lower levels altogether changed the CVT-hit future market outlook ...
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