| 03 August 2004 | Tuesday | 16 Jamadi-us-Saani 1425 |
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100pc raise in cotton cess proposed
MULTAN, Aug 2: The body formed to restructure the Pakistan Central Cotton Committee has proposed a 100 per cent increase in cotton cess to overcome deficit in the annual budget of the committee and accumulate more funds for research. ... 
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WTO states to start talks next month: Subsidies, barriers
ISLAMABAD, Aug 2: The World Trade Organization's 147 member countries will start negotiations from September to work out an agreed formula along with time line for scaling down agriculture tariffs, subsidies and all distorting trade support. ...
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Rupee sheds 42 paisa in one month
KARACHI, Aug 2: The rupee on Monday shed 10 paisa against the US dollar in the inter-bank market as corporates went for heavy forward buying of foreign exchange to avoid exchange rate loss in case of further depreciation of the rupee. ...
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LPG price hits new peak of Rs38/kg
KARACHI, Aug 2: Price of liquefied petroleum gas (LPG) has further gone up to Rs38 from Rs34-36 per kg in just 15 days. Earlier in July, the LPG was available at Rs29-30 per kg. ...
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SBP chief for tax incentives: Companies' listing
KARACHI, Aug 2: The Chairman, Karachi Stock Exchange, Arif Habib described the tremendous growth of KSE in the previous two-and-half years, indicating that during the period, the KSE 100 Index had appreciated by over 300 per cent ...
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US firm to invest in Pakistan
KARACHI, Aug 2: A US firm has shown its willingness to invest heavily in Pakistan and also to come up with the transfer of technology. ...
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SBP to sell Rs3bn PIBs on 17th
KARACHI, Aug 2: The State Bank will auction Rs3 billion long-term Pakistan Investment Bonds on August 17, the SBP said here in a statement. The central bank would sell Rs1 billion each of three-year, five-year and 10-year PIBs. ...
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TCP rejects all bids for wheat import
KARACHI, Aug 2: The Trading Corporation of Pakistan has rejected all bids in an import tender for 500,000 tons of wheat because bidders had placed conditions on the supply of the grain, a senior official said on Monday. ...
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Kenya keen to import medicines from Pakistan
KARACHI, Aug 2: Kenya is keen to import medicines and drugs from Pakistan. It also expressed its willingness to enter into joint venture to produce some of the medicines locally. ...
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'Punjab to shortly lift ban on wheat movement'
KARACHI, Aug 2: Sindh Food and Agriculture Minister Arif Mustafa Jatoi has said that Punjab will lift the ban on inter-provincial movement of wheat in a few days. ...
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Lint prices fall amid dull demand
KARACHI, Aug 2: Trading on the cotton market on Monday resumed on an easy note as lint prices suffered fresh decline in the absence of strong demand from spinners and mills. ...
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KSE index loses 83 points
KARACHI, Aug 2: Suicide attack on the prime minister-designate Shaukat Aziz triggered across-the-board panic selling on the stock market on Monday, wiping out 83 points from the KSE index and Rs21bn from the market capital. ...
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