| 02 July 2004 | Friday | 13 Jamadi-ul-Awwal 1425 |
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Government non-bank borrowing to go up: Higher return on DSCs
KARACHI, July 1: The modest increase of 19 basis points in the rate of return on 10-year Defence Saving Certificates (DSCs) will help the government reduce its dependence on borrowing from banks in this fiscal year. ... 
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Cargo handling at Karachi Port up by 7.35pc
KARACHI, July 1: The Karachi Port recorded all around increase in port activity during 2003-04 by handling 27.813 million tons cargo showing an increase of 7.35 per cent over 25.909 million tons cargo handled a year ago, official sources said on Thursday. ...
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KSE reduces exchange charges in ready market
KARACHI, July 1: The Karachi Stock Exchange has decided to reduce the exchange charges (LAGA) in ready market (T+3) from Rs3.75 for every Rs100,000 to Rs3.57 for every Rs100,000. ...
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Prices of 32 items surge by 6.9pc
KARACHI, July 1: Prices of 32 essential kitchen items in Karachi surged by an average 6.9 per cent in June 2004 over May 2004. Out of 32 kitchen basket items, onion, masur pulse, tomato, poultry bird, poultry meat ...
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Rs66 billion refunded to exporters
ISLAMABAD, July 1: The Central Board of Revenue paid out Rs66 billion refund/rebate to exporters during the financial year 2003-04 against Rs60.732 billion it paid during the same period last fiscal year, showing an increase of 8.67 per cent. ...
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269 firms registered with SECP in June
ISLAMABAD, July 1: As many as 269 new companies of various categories were registered by the Securities and Exchange Commission of Pakistan in June, 2004, showing 69 per cent increase over the corresponding period of previous year. ...
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Urea deemed price fixed at Rs7,900
ISLAMABAD, July 1: The Central Board of Revenue (CBR) has fixed the deemed price of Urea at Rs7,900 per ton for the levy of sales tax. ...
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Ship, port security code comes into force
SINGAPORE, July 1: UN-backed rules to protect shipping from terrorists came into force Thursday with the world's biggest port at Hong Kong displaying no early snags but a maritime expert in Singapore warning that strict enforcement of the code could gum up global trade. ...
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Riyadh wants to keep oil prices at around $35
RIYADH, July 1: Saudi Arabia, the world's largest oil exporter, is satisfied with the current level of world oil prices at around $35 and apparently wants to keep it at that level. ...
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New cement plant to be set up in Khairpur
ISLAMABAD, July 1: Encouraged by the rising cement demand and higher GDP growth rate prospects, DG Khan Cement Company (DGKCC) is putting up the country's largest cement plant at Khairpur in Chakwal District with a capacity of 6700 tons per day. ...
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Cotton market lacks trading interest
KARACHI, July 1: The cotton market on Thursday lacked normal trading interest as spinners again kept to the sidelines closely watching the price trends on the major trading centres. ...
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KSE 100-share index breaks 5,300-point barrier KARACHI, July 1: Stocks on Thursday staged a smart recovery on active buying in selected shares aided by perception of political stability under the new setup led by Chaudhry Shujaat Hussain. ...
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