Efforts on to resolve investors' problems: FPCCI team calls on PM
KARACHI, Sept 16: Prime Minister Shaukat Aziz on Thursday advised investors to set up industries keeping the export target in view and assured them that the government would provide all assistance besides market access in this regard.
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Poor response to HBFC relief package
PESHAWAR, Sep 16: The federal government's endeavours to improve recovery of dues from the borrowers of the House Building Finance Corporation (HBFC) received a setback in NWFP
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Meeting to check prices on 20th: Ramazan
KARACHI, Sept 16: The city government has finally given the wake-up call to market players and stakeholders to discuss and finalize prices of essential items during Ramazan on Sept 20.
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Remittances rise by 16pc in two months
KARACHI, Sept 16: Net workers' remittances or the foreign exchange sent back home by Pakistanis living abroad rose by 16 per cent to $669 million in July-August 2004, from $577 million in July-August 2003, data released by the State Bank show.
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Banks asked to raise farm credit to Rs100bn
ISLAMABAD, Sept 16: The State Bank of Pakistan (SBP) has asked the commercial banks to increase the agriculture credit to Rs100 billion by 2005-06 and the number of clients to 3 million in the next 5 years.
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Body planned to promote SME sector
KARACHI, Sept 16: The Union of Small and Medium Enterprises (Unisame) has planned to set up a body that could directly take up the issues confronting small and medium enterprises to ensure their fast growth and development.
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PM discusses investment with Thai delegation
ISLAMABAD, Sept 16: Prime Minister Shaukat Aziz has said Pakistan is an investor-friendly country and offers very attractive investment opportunities to both local and foreign entrepreneurs.
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Scientists asked to develop new technologies: Agriculture sector
ISLAMABAD, Sep 16: Federal Minister for Food, Agriculture and Livestock Sikandar Hayat Bosan on Thursday directed the agriculture scientists to concentrate on the new technologies to increase productivity levels
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Netherlands, Pakistan to enahnce trade
ISLAMABAD, Sept 16: The Netherlands and Pakistan have agreed to enhance cooperation in different fields, particularly in business and trade.
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Fed may not hike rate as inflation in check
WASHINGTON, Sept 16: New data on Thursday showed US inflation in check, with consumer prices up a modest 0.1 per cent in August, giving the Federal Reserve room go slow on boosting interest rates.
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Steady conditions on cotton market
KARACHI, Sept 16: Steady conditions were witnessed on the cotton market on Thursday as spinners were not inclined to take even a technical breather fearing further increase in prices.
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Bulls stage comeback in hope of CVT withdrawal
KARACHI, Sept 16: Stocks on Thursday staged a snap recovery as investors covered short positions at the lower levels aided by reports that a high-powered delegation of the KSE will meet the prime minister soon
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