| 10 September 2004 | Friday | 24 Rajab 1425 |
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Millers to get more subsidized wheat
KARACHI, Sept 9: Sindh Food Department seems set to raise quotas for wheat supply to flour mills in October but officials having a clean track record say raising the quotas alone would not bring down flour prices. ... 
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Musharraf assures foreign investors
RAWALPINDI, Sept 9: President Gen Pervez Musharraf said on Thursday that the government was committed to facilitating investors and would ensure provision of every possible assistance and incentives to them. ...
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PM directs TCP to buy additional cotton
ISLAMABAD, Sept 9: Prime Minister Shaukat Aziz has directed the Trading Corporation of Pakistan (TCP) to purchase more than the targeted cotton for ensuring price sustainability. ...
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Business community lauded
KARACHI, Sept 9: Federal Information Minister, Shaikh Rashid Ahmed on Thursday described the business community as the backbone of the economy, and added, future of the nation depends on the achievements of business. ...
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Prospects exist to boost trade with Indonesia
LAHORE, Sept 9: The foreign direct investment is on the rise as the foreign-based companies operating in Pakistan are earning 25 to 70 per cent profit on their investments. ...
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Pakistan's economic growth on track: IMF
ISLAMABAD, Sept 9: The International Monetary Fund (IMF) on Thursday said it expected Pakistan's economic growth to be maintained at around 6.5 per cent during the current financial year due to strong domestic and external demand. ...
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Russian diplomat for closer trade ties
KARACHI, Sept 9: Consul General of Russian Federation Vladimir Mikhaylov on Thursday informed the businessmen that a presentation on "Russian industry and business" was being organized at a local hotel on October 14. ...
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Sick unit proposes buyback of shares
KARACHI, Sept 9: The Crescot Mills Limited - an ailing textile spinning mills of the Crescent group - announced on Thursday that it has proposed to buy back shares of the company for Rs5 per share, subject to the approval of the Exchange. ...
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Aptma zonal chief elected
KARACHI, Sept 9: Mushtaq Ahmed Vohra has been elected chairman of All Pakistan Textile Mills Association (Sindh-Balochistan zone) for the year 2004-2005. ...
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Extension in duty-free status sought: EU imports
KARACHI, Sept 9: Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) has sought extension in duty-free status on European Union imports from Pakistan till 2006. ...
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Need stressed for better relations
KARACHI, Sept 9: The Consul General of Russian Federation Vladimir Mikhaylov on Thursday said that the Russian Federation was keen on enhancing economic and trade relations with Pakistan. ...
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Oil prices jump on US inventory figures
LONDON, Sept 9: Oil prices shot up on Thursday as the latest estimates of US commercial crude inventories showed only a small jump in stocks of distillates ahead of the US winter, analysts said. ...
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Robust trading on cotton market
KARACHI, Sept 9: Active trading was witnessed on the cotton market for the second consecutive day on Thursday as mills and spinners were not inclined to take even a technical breather. ...
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Stocks turn easy awaiting official word on CVT KARACHI, Sept 9: Stocks on Thursday failed to hold on to the overnight gains as investors took profits at the inflated levels awaiting some positive developments on the Capital Value Tax after the return of the prime minister from Saudi Arabia. ...
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