| 05 August 2004 | Thursday | 18 Jamadi-us-Saani 1425 |
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Gradual import of fertilizer proposed
ISLAMABAD, Aug 4: A high-level meeting on Wednesday proposed to the Economic Coordination Committee (ECC) of the cabinet to allow gradual import of fertilizer and approve an agreement reached between the industries ministry ... 
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Millers oppose TCP plan to release sugar
KARACHI, Aug 4: As the Trading Corporation of Pakistan is set to issue the first tender for the sale of 100,000 tons of sugar (25,000 tons each) from its buffer stock of 470,000 tons to stabilize prices ...
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State Bank intervenes after rupee falls below 59 a dollar
KARACHI, Aug 4: The rupee on Wednesday fell below 59 a dollar in the inter-bank market on continued forward buying of dollars by mega corporates which was partly speculative in nature. ...
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Power sector privatization discussed
ISLAMABAD, Aug 4: A committee on power sector privatization constituted by the Cabinet Committee on Privatization (CCoP) met here on Wednesday with Privatization and Investment Minister Dr Hafeez Shaikh ...
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Foreign investors offered more concessions
ISLAMABAD, Aug 4: The government has further liberalized the existing investment policy with a view to offering more concessions to the foreign investors. ...
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Gas pipeline project to be finalized by December
ISLAMABAD, Aug 4: Petroleum and Natural Resources Minister Nouraiz Shakoor has said the government will finalize at least one natural gas import pipeline project by end of this year to meet the future demand. ...
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Indian team due on 12th to hold trade talks
ISLAMABAD, Aug 4: Pakistan and India will start formal talks on trade related issues for enhancing volume of bilateral trade between the two countries, officials told Dawn. ...
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Number of share owners up to 0.47m
KARACHI, Aug 4: The number of share owners in Pakistan has increased from 70,000 to 470,000 in the last two years because of the government policy to pass on benefits of the privatization to common citizens. ...
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Two cities to have irradiation plants
ISLAMABAD, Aug 4: The Board of Administrators of Export Development Fund (EDF) has decided the setting up of one each irradiation plant at Lahore and Karachi. ...
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Sixth bank gets licence for Islamic branch
KARACHI, Aug 4: The State Bank of Pakistan on Wednesday issued a licence to Bank Al Habib Limited for its first Islamic Banking Branch located in Karachi. ...
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Prices edge up on cotton market
KARACHI, Aug 4: Steady conditions were witnessed on the cotton market on Wednesday as prices of the new crop were quoted further higher by Rs25 per maund. ...
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KSE 100-share index crosses 5,300-point barrier
KARACHI, Aug 4: Stocks on Wednesday extended the overnight run-up as investors made fresh covering purchases at the lower levels aided by an attractive bait of capital gains. ...
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