| 14 August 2004 | Saturday | 27 Jamadi-us-Saani 1425 |
|
State Bank to raise rates slowly: Rising inflation
KARACHI, Aug 13: The State Bank will show no hurry in raising interest rates despite the fact that CPI inflation has touched a high mark of 9.33 per cent in the very first month of this fiscal year. ... 
|
|
Saudi group to invest $100m in housing scheme
KARACHI, Aug 13: A Saudi Kanoozul Watan Group has committed a $100 million investment for low cost housing in Karachi. The group representative in Pakistan, Mohammed Afzal Khan briefed about the group's investment ...
|
|
||
|
Scope for investment bright, says Shujaat
ISLAMABAD, Aug 13: Prime Minister Ch Shujaat Hussain said on Friday that market in Pakistan was growing and there was tremendous scope for investment in various sectors. ...
|
|
No duty on basmati export from Sept 1: EU, Pakistan sign agreement
ISLAMABAD, Aug 13: The European Union and Pakistan have signed an agreement for including super basmati in the list of preferential treatment to be effective from September 1, 2004. ...
|
|
|
||
|
Uzbek company offers lowest price of $125: Wheat import
ISLAMABAD, Aug 13: The State Joint Stock Foreign Trade Company (SJSFTC) of Uzbekistan has offered the lowest prices of an average $125 per ton on import of wheat to Pakistan to be available in the third quarter of the year 2004. ...
|
|
Mangoes prospects in China bright
BEIJING, Aug 13: Pakistan has hoped that it will export a big quantity of mangoes to China from next season. "We have made an initial breakthrough to introduce Pakistan's food products in the local market, said Ambassador Riaz Mohammad Khan. ...
|
|
|
||
|
ABAMCO unveils results of four funds
KARACHI, Aug 13: ABAMCO Limited announced financial results for the year ended June 30, 2004, for the four closed-end mutual funds under its management: The BSJS Balanced Fund (BBF); ABAMCO Capital Fund ...
|
|
Closed-end fund to hit stock market on 21st
KARACHI, Aug 13: Pakistan Strategic Allocation Fund (PSAF) - a closed-end Scheme of the Arif Habib group - is set to hit the stock markets on August 21 to 24. The total issue is worth the sum of a staggering Rs3 billion. ...
|
|
|
||
|
SAI seeks licence facility from Germany
KARACHI, Aug 13: SITE Association of Industry, composed of mainly textile industry, has requested German companies to allow manufacturing textile machinery and spare parts under licence facility. ...
|
|
Oil prices shoot up on blast in US refinery
LONDON, Aug 13: IPE Brent crude futures surged by more than a dollar to yet more all-time highs after a US refinery blast and the prospect of a weekend referendum in key oil exporter Venezuela deepened concern about over stretched supply. ...
|
|
|
||
|
Easier conditions on cotton market
KARACHI, Aug 13: Cotton prices on Friday fell further partly in sympathy with steep decline in the New York cotton futures and partly to steady arrivals of phutti into the lower Sindh ginneries. ...
|
|
Stocks gain nine points, volume shrinks to 106m
KARACHI, Aug 13: Trading volume on Friday on the stock market fell to a record low of 106m shares as leading investors again adhered to the sidelines in the absence of fresh guiding factors. ...
|
|
|
||
