| 14 September 2004 | Tuesday | 28 Rajab 1425 |
|
Capital outflow threatens reserves: UAE real estate
ISLAMABAD, Sept 13: The flight of capital to lucrative real estate investment opportunities in the United Arab Emirates (UAE) in the recent months has emerged as a real threat to Pakistan's over $12 billion foreign exchange reserves, Dawn has learnt. ... 
|
|
FDI doubles in three years, says Hafeez
ISLAMABAD, Sept 13: Foreign direct investment (FDI) has doubled during the past three years, which is approaching $1 billion this year. Dr Abdul Hafeez Shaikh, Minister for Privatization and Investment, stated this during a meeting with the visiting US delegation ...
|
|
||
|
Proposals to revamp EPB ready
LAHORE, Sept 13: Commerce Minister Humayun Akhtar Khan says a set of proposals has been prepared by his ministry for restructuring the Export Promotion Bureau. Talking to reporters here on Monday, he said the proposals would shortly be submitted to Prime Minister Shaukat Aziz. ...
|
|
Inflation at 9.29pc in July-August
KARACHI, Sept 13: Consumer inflation measured by Consumer Price Index or CPI went up by 9.25 per cent in August 2004 over August 2003 as prices of food and beverages that constitute 40 per cent of the 374-item CPI increased by 14.35 per cent. ...
|
|
|
||
|
Efforts under way to form joint stock company: Rehabilitation work in industrial area
KARACHI, Sept 13: On the instruction of the commerce ministry, city's industrial associations are expediting their efforts to form a joint stock company for the execution and implementation of the infrastructural and rehabilitation work in industrial areas. ...
|
|
Pakistan, Algeria to set up joint chamber
KARACHI, Sept 13: Pakistan and Algeria have agreed to establish a joint chamber of commerce and industry for the promotion of bilateral trade and strengthening of economic ties. ...
|
|
|
||
|
Pakistan Oilfields
KARACHI, Sept 13: On Monday, Pakistan Oilfields Limited (POL) announced financial results for the year ended June 30, 2004. The board of directors, which met in Damascus, Syria, on September 11 ...
|
|
India to raise premium issue at Opec meet
NEW DELHI, Sept 13: India, unhappy over the premium charged by Opec members on crude oil they sell to developing countries, will raise the issue at the oil cartel's ministerial meeting in Vienna this week ...
|
|
|
||
|
China fixed investment growth slows
BEIJING, Sept 13: China reported a marked slowdown in investment and money supply growth on Monday, but stubbornly high inflation suggested it was too early to rule out further steps to cool the world's seventh-largest economy. ...
|
|
Oil prices up on supply fears
LONDON, Sept 13: Oil prices surged on Monday as Hurricane Ivan threatened production and import activities in the Gulf of Mexico, putting new strains on already tight supplies, traders said. ...
|
|
|
||
|
Active buying on cotton market
KARACHI, Sept 13: Trading on the cotton market on Monday resumed on easy note as ginners were in no mood to hold on to their unsold position in an uncertain price outlook. ...
|
|
Higher earning reports fail to infuse vigour on KSE
KARACHI, Sept 13: Stocks on Monday suffered fresh pruning across a broad front as investors were not inclined to make fresh covering purchases. ...
|
|
|
||
