| 09 July 2004 | Friday | 20 Jamadi-ul-Awwal 1425 |
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30pc firms unlikely to operate after Dec: Insurance business
KARACHI, July 8: Turmoil grips Pakistan's private general insurance business as 30 per cent companies lack adequate capital base to remain in operation after December 2004 ... 
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Pakistan ready to discuss trade with India
ISLAMABAD, July 8: Pakistan is ready to discuss trade issues with India once the political dialogue gets under way following the forthcoming round of secretary level composite talks between the two countries on August 10-11 in Islamabad. ...
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Banks desert SBP discount window
KARACHI, July 8: With the State Bank's discount rate unchanged at 7.5 per cent since November 2002, the dependence of banks on the central bank as the lender of the last resort has gradually reduced. ...
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Ceiling on farm holdings may go
KARACHI, July 8: The ceiling on the size of individual farm holdings set by land reforms in 1972 may be lifted to promote corporate farming by local agriculturists under a package being evolved by the Board of Investment. ...
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Karachi Customs collection up by 19.6 per cent
KARACHI, July 8: Collection of revenue by Karachi Customs during last fiscal ending June 30, 2004, rose by 19.6 per cent to Rs61 billion as against Rs51 billion collected a year ago, official sources said on Thursday. ...
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China ready to import rice from Pakistan
BEIJING, July 8: China has shown willingness to import long-grain Pakistani rice to further enhance bilateral trade, particularly in food items. In this connection, a four-member Chinese experts team left here for Islamabad on Thursday. ...
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PPL offering: correction in subscription form
KARACHI, July 8: Some members of the Karachi Stock Exchange, have, in their haste, printed and circulated application forms for public subscription to the upcoming IPO of Pakistan Petroleum Limited (PPL) ...
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'Post-quota world poses great challenges'
SIALKOT, July 8: The chairman, Pakistan Hosiery Manufacturers Association (PHMA), Sialkot Region, Arshad Javaid Sandal has urged the textile, hosiery and knitwear manufacturers and exporters to prepare themselves for the fast approaching WTO challenges. ...
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Prices fall further on cotton market
KARACHI, July 8: Easier conditions were again witnessed on the cotton market on Thursday as prices fell further in the absence of demand even at the lower levels. ...
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Buying in base shares keeps stocks moving upward
KARACHI, July 8: Leading shares on Thursday came in for fresh covering purchases on reports of higher corporate earnings but the broader market stayed weak owing to selling by the sundry speculators. ...
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