| 15 August 2004 | Sunday | 28 Jamadi-us-Saani 1425 |
|
Car sales shoot up by 80pc in July
KARACHI, Aug 14: The first month of the current fiscal year started with a good note as production and sales of cars rose by 68 and 80 per cent, respectively, over July 2003. ... 
|
|
GDP growth target achievable
WASHINGTON, Aug 14: Pakistan aims at economic growth of above 6 per cent annually, over the medium term, to significantly reduce poverty, "which is ambitious, but achievable." ...
|
|
||
|
IMF assured of executing PRSP strategy
WASHINGTON, Aug 14: Pakistan government has assured the International Monetary Fund (IMF) that it remains committed to implementing the economic strategy set out in the Poverty Reduction Paper (PRSP) ...
|
|
Recognizing business visionaries
KARACHI, Aug 14: In developed markets, entrepreneurs who build great business outfits, serve as role models. Their success stories get media coverage. Books written about business visionaries attract millions of readers. ...
|
|
|
||
|
Freight charges hike hits external trade
KARACHI, Aug 14: Minister of State and Chairman Export Promotion Bureau Tariq Ikram has said that shipping lines cannot be allowed to mortgage country's external trade by dictating their own terms for freight rates. ...
|
|
Rs7bn refunded in July
ISLAMABAD, Aug 14: The Central Board of Revenue paid out Rs7 billion refund/rebate to exporters during July 2004 as against Rs6.8 billion the same month last year, showing an modest rise of 2.94 per cent. ...
|
|
|
||
|
Textile quota allocation clarified
KARACHI, Aug 14: The Quota Supervisory Council (QSC) clarified on Saturday that it had never recommended over-programming in fast moving categories like 363 (USA) and 4 and 5 of the European Union. ...
|
|
Iran sees no reason to raise Opec output
TEHRAN, Aug 14: Iran's envoy to Opec Hossein Kazempour Ardebili said on Saturday the world was amply supplied with oil but predicted that prices would continue to rise because they are no longer linked to market factors. ...
|
|
|
||
|
ECB rates can't stay low forever
BRUSSELS, Aug 14: The European Central Bank, while hardly likely to leave interest rates at current low levels for ever, has no current programme for raising them, ECB Governing Council member Guy Quaden was quoted as saying on Saturday. ...
|
|
Washington may take Airbus case to WTO
SEATTLE, Aug 14: US President George W. Bush warned on Friday that the United States may bring WTO action in September against Airbus Industrie, citing "unfair" government subsidies to the European aircraft maker. ...
|
|
|
||
