Call for new system of cotton grading
MULTAN, Aug 27: There is no way out except to fashion the system of grading and quality in cotton marketing in the country to compete in the international market both for raw cotton and its value-added products.
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Pakistan, China to cooperate in textile industry
KARACHI, Aug 27: China has offered all possible cooperation to Pakistan in developing garment cities, and is ready to jointly market textile products.
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Aziz for expediting FTA with Kuwait
ISLAMABAD, Aug 27: Prime Minister-designate, Shaukat Aziz on Friday sought enhanced economic co-operation with and an increased level of diplomatic support from Kuwait on regional issues.
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'Transactions through LC declining'
KARACHI, Aug 27: The chairman ICC Pakistan Banking Commission Ahsan Aziz, on Friday said the trend to use letter of credit as mode of trade transactions was declining world over
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PIA provides additional space for perishables
KARACHI, Aug 27: Additional cargo space provided by Pakistan International Airlines helped airlift larger quantity of perishables during the year 2003-04.
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GCC asked to recruit more Pakistanis
ISLAMABAD, Aug 27: Prime Minister-designate, Shaukat Aziz said on Friday the sentiments of friendship and commonalities of issues shared between Pakistan and Gulf States should be translated into ventures for economic development.
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95,000 tons wheat due next month
KARACHI, Aug 27: One ship carrying 45,000 tons of wheat from Russia will reach the Karachi Port by September 15, while another with 50,000 tons of Australian wheat will arrive on September 26.
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Institution for SME development demanded
KARACHI, Aug 27: The Union of Small and Medium Enterprises (Unisame) has urged the government to set up an SME promotion and development institution for the speedy up liftment of the sector.
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Mongolia interested in joint venture
ISLAMABAD, Aug 27: The Ambassador of Mongolia, L. Amarsanaa said on Friday that his country was interested in joint venture with Pakistan in carpet industry.
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Traders reaffirm support for Aziz
KARACHI, Aug 27: The President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Riaz Ahmed Tata, on behalf of business community has congratulated Shaukat Aziz on his election as Prime Minister of Pakistan.
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Firm trading on cotton market
KARACHI, Aug 27: Cotton market on Friday showed firm trend as ginners again raised their asking prices and spinners were willing buyers at the higher rates.
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Stocks gain 12 points on active buying
KARACHI, Aug 27: Stocks on Friday finished the weekend session on a higher note followed by renewed institutional buying at the lower levels aided by possible election of Shaukat Aziz later in the evening.
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