| 16 July 2004 | Friday | 27 Jamadi-ul-Awwal 1425 |
|
Rs5 billion needed every year: Industrial infrastructure
KARACHI, July 15: Commerce Minister Humayun Akhtar Khan said on Thursday he has suggested to the government to allocate Rs4 to Rs5 billion in the federal budget every year for rehabilitation of infrastructure in the existing industrial estates. ... 
|
|
EAC, NPO to be corporatized
ISLAMABAD, July 15: The Expert Advisory Cell (EAC) and National Productivity Organization (NPO), subsidiary organizations of the Ministry of Industries and Production, will be corporatized to make them independent. ...
|
|
||
|
Remittances reach $3.8bn in 2003-04
KARACHI, July 15: Net remittances from expatriate Pakistanis in fiscal year July-June 2003-04 reached $3.823 billion, slightly down from $3.972 billion in fiscal year 2002-03, showing a decline of $147 million or 3.7 per cent only. ...
|
|
Income distribution situation worsens
KARACHI, July 15: The income distribution situation has been worsening since 1988 and has continued after 1999 indicated by the fact that the share of 20 per cent richest people in the national income has increased from 44 per cent in 1988 ...
|
|
|
||
|
Manufacturing cost showing constant rise
KARACHI, July 15: The manufacturing cost in Pakistan is showing a constant rise since 1992 because of growth in the input prices that renders these products somewhat uncompetitive in the international market. ...
|
|
IT circles to be merged
ISLAMABAD, July 15: The government will merge existing 734 income tax department circles into 12 regional tax offices and three large taxpayers units (LTUs) across the country as part of revamping the tax administration by December 2005 ...
|
|
|
||
|
Credibility of Economic Survey data questioned
KARACHI, July 15: The Social Policy and Development Centre (SPDC) has raised questions on the credibility of data made available by the government in the Economic Survey 2003-04 on re-basing of national accounts ...
|
|
Pakistan may sign Kyoto protocol
ISLAMABAD, July 15: Pakistan is seriously considering signing Kyoto protocol to join larger global effort to combat climate change and currently it is conducting advanced studies on the implications and repercussions of the protocol. ...
|
|
|
||
|
Cotton market resists fresh decline
KARACHI, July 15: After having fallen sharply during the last couple of sessions, the cotton market on Thursday resisted fresh decline as spinners resumed their covering operations at the lower levels. ...
|
|
Stocks suffer 35-point fall on SBP investment move
KARACHI, July 15: Stocks on Thursday fell across a broad front as leading investors kept to the sidelines apparently assessing the long-term impact of the latest central bank move to limit bank investment in PIBs on the share business. ...
|
|
|
||
