| 07 July 2004 | Wednesday | 18 Jamadi-ul-Awwal 1425 |
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Food import bill may touch $1.5bn in 2004-05
KARACHI, July 6: Food import bill this year is likely to be close to $1.5 billion mainly because of the import programme of one million tons of wheat, increase in tea shipment, spices, dry fruits and many other edible items through formal import channels ... 
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Punjab's debt servicing cost falls to 7.38pc
LAHORE, July 6: The Punjab government has brought down its interest servicing cost for its cash development loans and foreign loans as proportion of current expenditures to just 7.38 per cent during this fiscal year from 12.51 per cent in 2000-01. ...
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Rupee falls against dollar
KARACHI, July 6: The rupee has lost 11 paisa against the US dollar so far during this month and is likely to fall further on higher demand for foreign exchange. ...
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EU review measures by end of month
ISLAMABAD, July 6: The European Union (EU) will notify officially the initiation of review measures of anti-dumping duty imposed on Pakistan's bed-linen by end of the current month. ...
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Market taken aback by PPL provisional price
KARACHI, July 6: Everyone was taken by surprise when the share in Pakistan Petroleum Limited (PPL) opened on Monday, on the provisional counter, at Rs103 and climbed as high as Rs116.50. ...
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All sectors open for investors
ISLAMABAD, July 6: Minister for Privatization and Investment, Dr Hafeez Shaikh said on Tuesday, all sectors were open for foreign and domestic investors with attractive incentives. ...
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Banks to release security in time
KARACHI, July 6: The State Bank has told all banks that after the expiry of the bank guarantee they should evaluate its effectiveness keeping in view its terms and conditions. ...
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Duty relief to ghee company criticized
ISLAMABAD, July 6: The Pakistan Vanaspati Manufacturer's Association (PVMA) has criticized the Central Board of Revenue for providing duty concession to a multinational company on import of crude palm oil (CPO) ...
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Govt urged to lift ban on import of fur
KARACHI, July 6: The Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) has urged the government to allow temporary import of fur trimmings that is used as decoration in leather garments. ...
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Oil, gas pact signed with Azerbaijan
ISLAMABAD, July 6: Pakistan and Azerbaijan have agreed to promote and expand cooperation in the oil and gas sector for the mutual benefit of the two countries. ...
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Cotton market lacks normal trading
KARACHI, July 6: Cotton market on Tuesday lacked normal trading interest as ginners and spinners were locked in a price war, but it appears to be a no-win situation for the former. ...
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Profit-selling halts gains on stock market
KARACHI, July 6: Stocks on Tuesday failed to extend previous gains as investors took profits at the higher levels but only extreme gains were clipped as there were buyers at the dips. ...
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