| 06 July 2004 | Tuesday | 17 Jamadi-ul-Awwal 1425 |
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EU agrees to review duty on bed linen
KARACHI, July 5: The European Union has agreed to review anti-dumping duty imposed in March this year on bedlinen (Category 20) imports from Pakistan, officials said on Monday. ... 
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Exports to US, EU maintain growth
KARACHI, July 5: Thanks to Pakistan's U-turn after the 9/11, exports continue to maintain growth momentum mainly in the US and EU markets and have comfortably exceeded the $12.1 billion target set for the fiscal year 2003-04. ...
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Current account surplus falls to $1.8bn
KARACHI, July 5: Pakistan's current account surplus declined to $1.8 billion in eleven months to May 2004 from $3.7 billion in the same period of the last fiscal year. ...
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Four companies removed from investors' list: Grant of LDI licence
ISLAMABAD, July 5: Pakistan Telecommunication Authority (PTA) on Monday scrapped four telecom companies from the list of potential investors, and approved the names of other 19 companies for the grant of Long Distance International (LDI) licences. ...
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Trade missions' proposals for boosting exports
ISLAMABAD, July 5: Pakistan's trade missions abroad have recommended a string of proposals for consideration in the up-coming trade policy 2004-05 aimed at tapping markets for new products and increasing the volume of exports. ...
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Best performing funds of 2004
KARACHI, July 5: Pakistan Income Fund (PIF) and Pakistan Stock Market Fund (PSM), both managed by Arif Habib Investments, stood out as the best performing funds for the year ended June 30, 2004, on total return basis ...
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Hubco Unit 4 to return to service in Sept
KARACHI, July 5: Hub Power Company Limited (Hubco) announced on Monday that the Unit No 4 was expected to return to service in the last week of September 2004. ...
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Tea import surges by 10 per cent
KARACHI, July 5: Legal black tea import surged by 10 per cent to 116,941 tons in 2003-2004 from 105,244 tons in 2002-2003 Besides, consumers sipped around of 35,000-40,000 tons smuggled black tea in 2003-2004. ...
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Govt committed to deregulation: Power, oil and telecom
ISLAMABAD, July 5: The privatization programme in Pakistan offers tremendous opportunities for potential investors in power, oil and gas, telecom, banking and finance, infrastructure and industries sectors. ...
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Strategy to raise shrimp export soon
LAHORE, July 5: The government has decided to lay down a proactive strategy for capturing more share of shrimp business in the world market by promoting shrimp farming alongside the coastal line in Sindh and Balochistan. ...
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Spot rates cut by Rs25 on cotton market
KARACHI, July 5: Trading on the cotton market on Monday resumed on an easy note as spot rates were further lowered by Rs25 per maund in the absence of mill demand. ...
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KSE 100-share index gains 46.75 points
KARACHI, July 5: The KSE 100-share index on Monday maintained its upward drive and after briefly breaching through the psychological barrier of 5,400, finished with a fresh sharp gain of 46.75 points at 5,399.72 on the relative strength of base shares. ...
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