| 22 June 2004 | Tuesday | 03 Jamadi-ul-Awwal 1425 |
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Asian Bank proposes $2.6 billion funding: Three-year plan
ISLAMABAD, June 21: The Asian Development Bank (ADB) has proposed a three year (2005-07) $2.6 billion funding programme for Pakistan to help improve the country's aging infrastructure ... 
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SBP gives facts on dollar buying
KARACHI, June 21: The Board of Directors of the State Bank has taken note of the recent debate in the parliament and media on SBP's foreign exchange purchases and its impact on SBP's profit and loss account. ...
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Private sector borrowing slows: Rising interest rate
KARACHI, June 21: The high-paced private sector borrowing from banks has started slowing down as interest rates are rising belittling the benefits of large corporate borrowings to build up inventories. ...
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NTN condition pushes car sales down
KARACHI, June 21: The government's decision to force assemblers to sell vehicles to holders of national tax number (NTN) card only has pushed the car sales down as the makers see the new directive as a main irritant to their future sales. ...
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Mango export in full swing
KARACHI, June 21: The export of mango is in full swing as several airlines including PIA have added more cargo flights to their last year's schedule from Pakistan this year, exporters said here Monday. ...
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Increase in duty on auto parts opposed
LAHORE, June 21: The Lahore Chamber of Commerce and Industry and Pakistan Automobile parts Importers and Dealers Association on Monday demanded withdrawal of 10 per cent raise in import duty on automobile parts announced in the federal budget. ...
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Textile may show finer result next year
KARACHI, June 21: Textile sector can look up to a finer financial results next year, backed by BMR/expansion activities undertaken by mills. ...
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Indian tea firms eye duty cut in Pakistan
NEW DELHI, June 21: India is targeting a proposed duty cut in Pakistan and improving conditions in war-ravaged Iraq to boost its exports, officials said on Monday. ...
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Cheerless conditions on cotton market
KARACHI, June 21: Trading on the cotton market on Monday resumed on a cheerless note as both spinners and mills remained conspicuous by their absence despite the fact that some of the ginners have lowered their asking prices. ...
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Stocks plunge by 145 points on panic-selling
KARACHI, June 21: Stocks on Monday suffered massive battering as short sellers fully exploited the rumours of political changes at the top and managed to intensify the CVT-related panic-selling ...
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