| 11 July 2004 | Sunday | 22 Jamadi-ul-Awwal 1425 |
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US cotton prices fall by 10 cents
KARACHI, July 10: Pakistan's textile industry and cotton economy has come under severe stress following a ten cents fall in the US cotton prices down to 47 cents a pound within a week. ... 
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Domestic debt grows by 6.2pc
KARACHI, July 10: The domestic debt of the government grew by only 6.25 per cent in eleven months of fiscal year 2003/04 as heavy withdrawals took place from some of the National Saving Schemes or NSS. ...
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15-20m may have cell phones in two-five years
KARACHI, July 10: Cellular phone customer base is expected to increase to 15-20 million in the next two to five years from the current 4 million subscribers. ...
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0.1m tons molasses exported to India
KARACHI, July 10: Pakistan is believed to have exported about 100,000 tons of molasses to India. This is for the first time that molasses are exported in such a huge quantity. ...
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Carryover rates remain stable
KARACHI, July 10: The investment on the carryover market last week showed an impressive increase of Rs3.1 billion owing partly to price flare-up on the stock market and partly to higher volume. ...
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Centralized planning without controls
KARACHI, July 10: Centralized planning is staging a comeback after a prolonged suspension but with a difference - without centralized controls witnessed in socialist economies. ...
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Third PPL roadshow
ISLAMABAD, July 10: Third roadshow on the initial public offer (IPO) of Pakistan Petroleum Limited shares will be held at Karachi on July 12, says a Privatization Commission statement. ...
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Vehicle importers to pay duty in dollar
ISLAMABAD, July 10: The Central Board of Revenue (CBR) has fixed the levy of duty and taxes on imported automotive vehicles (CBU condition) in US dollar to reduce the element of under- invoicing. ...
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ABAMCO declares 30pc dividends
KARACHI, July 10: Unit Trust of Pakistan (UTP)-managed by ABAMCO Limited-declared stock dividend at 30 per cent for the financial year 2004, which represented the highest return amongst all open- end balanced funds in the country. ...
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G-90 moot aimed at resuming dialogue: Doha Round
ISLAMABAD, July 10: The G-90 trade ministers are scheduled to meet in the Mauritius on Tuesday to work out a framework of modalities to facilitate the resumption of dialogue on Doha Development Agenda (DHA). ...
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Import duty on green tea
KARACHI, July 10: The Pakistan Kiryana Merchants Association (PKMA) has urged the government to remove discrimination in the rate of import duty on black tea and green tea, which has emerged as an anomaly in the budget for 2004-05. ...
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Cotton prices fall by Rs25
KARACHI, July 10: Cotton prices on the local market suffered a fresh modest fall of Rs25 per maund as spinners and mills were not inclined to make fresh commitments. ...
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