| 07 September 2004 | Tuesday | 21 Rajab 1425 |
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Trade deficit in August rises to $298 million
KARACHI, Sept 6: Pakistan's trade deficit totalled $298 million in August 2004 as imports reached to $1.474 billion but exports remained at $1.176 billion, according to data released by the Export Promotion Bureau. ... 
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LAP moves to check multiple leasing
KARACHI, Sept 6: The Leasing Association of Pakistan has decided to set up a National Leasing Register or the NLR to maintain record of the makes, models and serial numbers of assets leased by its members to their clients. ...
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PM seeks more investment from UAE
ISLAMABAD, Sep 6: Prime Minister Shaukat Aziz, on Monday, invited investors from the United Arab Emirates to benefit from the opportunities available in Pakistan. These, he said, offer good returns. ...
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Karachi safe for investment
KARACHI, Sept 6: Sindh Governor Dr Ishrat-ul Ibad has said that Karachi is as secured for investment and economic activities as any other city of the world. ...
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Business group unfolds merger plans
KARACHI, Sept 6: The Nishat Group has unfolded its Scheme of Arrangement for the amalgamation of Group's concerns: Umer Fabrics into Nishat Mills and Nishat Chunian. ...
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Ghee-makers threaten to shut units down
ISLAMABAD, Sept 6: The Pakistan Vanaspati Manufacturer's Association (PVMA) has threatened to completely shut down their manufacturing units across the country if its demands are not met in two weeks. ...
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CBR plans to automate ST system
LAHORE, Sept 6: The Central Board of Revenue, which has registered 2,000 new sales taxpayers, intends to automate the ST system in order to enable the taxpayers file their returns through internet for minimizing human contact. ...
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WB funding linked to performance benchmarks: CBR restructuring
ISLAMABAD, Sept 6: The World Bank has linked 15-20 performance benchmarks with its funding of more than $120 million for the implementation of a restructuring plan for Pakistan's tax administration by 2006. ...
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'Widening trade gap affecting exports'
FAISALABAD, Sept 6: Pakistan Textile Exporters Association Chairman Ahmed Kamal has said widening trade gap is shedding negative impact on the exchange currency value, escalating production cost and affecting exports. ...
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Oil prices dip despite attacks on pipelines
LONDON, Sept 6: Oil prices fell here on Monday despite new sabotage attacks on Iraqi pipelines and worries about tropical storm Frances, with the New York market closed for the Labour Day holiday. ...
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Prices ease further on cotton market
KARACHI, Sept 6: Cotton prices on Monday eased further as ginners again indulged in hasty selling followed by reports of steady arrivals of phutti into the ginneries. ...
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Stocks undergo massive pruning on panic-selling
KARACHI, Sept 6: The KSE 100-share index on Monday plunged by 123.31 points or 2.32 per cent on panic-selling by the weak holders and some leading punters after the announcement of date for the introduction of margin financing through banks ...
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