| 17 July 2004 | Saturday | 28 Jamadi-ul-Awwal 1425 |
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EPZ near Quetta planned
QUETTA, July 16: The Federal Minister for Production, Liaquat Ali Jatoi on Friday announced that Export Processing Zone would be set up near Quetta. ... 
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World Bank links $120m grant to tax reforms
ISLAMABAD, July 16: The World Bank has linked releasing of $120 million grant to the implementation of a plan to re- structure Pakistan's tax administration by 2006, well-placed sources said on Friday. ...
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Protection to local industry assured
KARACHI, July 16: Commerce Minister Humayun Akhtar Khan has advised exporters not to worry about the new World Trade Organization regime as the government will continue to provide protection to the local business and industry. ...
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Foreign currency deposits up 16pc:
KARACHI, July 16: Foreign currency deposits rose by $375 million or more than 16 per cent during the fiscal year 2003-04 as the rupee lost half a percentage point of its value against the US dollar. ...
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Merits of governance code highlighted
KARACHI, July 16: The Code of Corporate Governance attempts to help directors in discharging their responsibilities in the larger interest of all stakeholders in transparent, well-informed and diligent manner ...
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Oil prices rise amid supply jitters
LONDON, July 16: Oil prices climbed on Friday with markets nervous about tight supplies and violence in Iraq. ...
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Drawback on PSF revised
ISLAMABAD, July 16: The Central Board of Revenue has revised downward the rates of duty drawback on export of polyester staple fibre (PSF) and polyester-viscose staple fibre blended yarn. ...
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Embassies can help diversify exports
KARACHI, July 16: Foreign Missions can help in increasing and diversifying exports. They could also guide the business community to penetrate into new markets. ...
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Govt urged to convert EPB into corporation
KARACHI, July 16: The Towel Manufacturers Association of Pakistan (TMAP) has urged the government to convert the Export Promotion Bureau into a corporation and hand over its management to the private sector. ...
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Drawback on exports of fabrics lowered
ISLAMABAD, July 16: The Central Board of Revenue has revised downward the rates of duty drawback on exports of various kinds of fabrics. The new rates will be applicable retrospectively from July 1, 2004 ...
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Prices ease further on cotton market
KARACHI, July 16: Cotton prices on Friday eased further as ginners tried to get out of unsold stocks apparently after having lost all hopes about a rebound. ...
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Bearish spell continues on stock market
KARACHI, July 16: Stocks on Friday finished further lower as leading investors were not inclined to take fresh positions amid fears of badla-related offloading and predictions of further erosion in equity values. ...
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