| 06 August 2004 | Friday | 19 Jamadi-us-Saani 1425 |
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SBP raises per acre limits for crop loans
KARACHI, Aug 5: Farmers can now borrow much more from banks to meet their expenses in growing all the four major crops - cotton, wheat, paddy and sugar. The State Bank has raised the per acre borrowing limits from Rs6,000 to Rs10,000 for cotton; ... 
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Russia refuses to take up PS expansion plan
ISLAMABAD, Aug 5: Russia has refused to provide technology and a soft-term credit for the expansion of Pakistan Steel unless Islamabad helps recover Moscow's $175 million from some private Pakistani companies. ...
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Donors urged to finance projects
ISLAMABAD, Aug 5: Pakistan has urged international donor agencies to provide fund and technical assistance for the development of various sectors identified in the Trade Policy 2004-05. ...
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Rupee gains six paisa against dollar
KARACHI, Aug 5: The rupee on Thursday recovered six paisa per US dollar after losing 50 paisa or 0.9 per cent of its value earlier this week. ...
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Punjab, Sindh yet to amend cotton acts
MULTAN, Aug 5: The governments of Punjab and Sindh have yet to amend their respective Cotton Control Act, 1966, in line with the Cotton Standardization Ordinance, 2002. ...
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EU links trade pact to four conventions
ISLAMABAD, Aug 5: The European Union has linked the agreement on cooperation and development with Pakistan's acceding to the four multilateral conventions on intellectual, industrial and commercial property rights. ...
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Exports stand at $1.182bn in July
ISLAMABAD, Aug 5: The country realized exports worth $1,182.722 million in July 2004, the first month of the fiscal year 2004-05, showing a 32.86 per cent increase over the exports worth $890.172 million recorded in the same period last year. ...
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SBP raises Rs54.7bn from TBs auction
KARACHI, Aug 5: The State Bank on Thursday borrowed Rs54.75 billion from the inter-bank money market to absorb part of the excess liquidity. It siphoned off this amount through borrowing against treasury bills. ...
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Pakistan to ratify pacts on taxation
ISLAMABAD, Aug 5: Pakistan will soon ratify the implementation of the convention for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income with Saudi Arabia. ...
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Firms to be given away awards for best reports KARACHI, Aug 5: The ceremony for distributing awards to companies producing "Best Corporate Reports" for the year 2003, that is to be held on August 12 would be the fourth since the Institute of Chartered Accountants (ICAP) ...
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Modest trading on cotton market
KARACHI, Aug 5: Physical business on the cotton market on Thursday was modest as spinners were not inclined to make fresh commitments at the rising prices. ...
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Profit-taking halts upward drive on stock market
KARACHI, Aug 5: Stocks on Thursday showed mixed trend as a section of investors took profits at the higher levels followed by reports of fresh float from the carryover market and fears of further price erosions. ...
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