| 05 October 2004 | Tuesday | 19 Shaban 1425 |
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Govt decides to import 0.45m tons furnace oil: Power shortage
ISLAMABAD, Oct 4: The government on Monday decided to import more than 450,000 tons of furnace oil on an emergency basis to meet any eventuality and increasing demand for thermal power production. ... 
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KPT to bear 'cargo village' initial cost
KARACHI, Oct 4: Karachi Port Trust (KPT) Chairman Vice-Admiral Ahmad Hayat on Monday said the conceived 'cargo village' with an estimated cost of Rs2.383 billion would be initially funded by the port itself ...
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Parco pays $100m to banks
KARACHI, Oct 4: Pak-Arab Refinery Company (Parco) has paid $100 million instalment to a consortium of five banks of a $350 million plus rupee-dollar swap that the company had contracted with the consortium to clear a foreign debt ahead of schedule. ...
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State Bank mops up Rs12.5bn
KARACHI, Oct 4: The State Bank on Monday conducted an open market operation (OMO) to suck in Rs12.15 billion excess liquidity from the inter-bank money market up to two weeks. ...
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TCP to import 0.75m tons more Russian wheat
KARACHI, Oct 4: The Trading Corporation of Pakistan (TCP) plans to import 50,000 to 75,000 tons more wheat from Russia or Ukrainian belt after it found the flour obtained from grinding of some quantity of 155,000 tons imported Russian wheat ...
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Punjab for wheat swap with Sindh
KARACHI, Oct 4: Sindh wants to pay the Punjab for the wheat it is receiving from there but the Punjab Food Department insists on wheat swap. That is, they want Sindh to return the amount of wheat it has borrowed from the Punjab ...
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Govt keen to promote SME sector
KARACHI, Oct 4: Production and Industries Minister Jehangir Khan Tareen said on Monday the government was keen to promote small and medium enterprises and all-out efforts were being made to expand this sector. ...
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Sui Southern Gas Company
KARACHI, Oct 4: Sui Southern Gas Company has a flair for beating analysts' expectations. Last year everyone was looking at the board room for cash dividend of Rs1.75 per share ...
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Hafeez for accelerating privatization process
ISLAMABAD, Oct 4: Privatization and Investment Minister Dr Abdul Hafeez Shaikh on Monday directed the Privatization Commission to accelerate the process of privatization of KESC, KAPCO, CTI, NRL, PCP and ICP. ...
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Minimum sugarcane price criticized
KARACHI, Oct 4: The Pakistan Sugar Mills Association (Sindh zone) has strongly criticized the Sindh government decision to fix minimum sugarcane price at Rs40 per 40 kg for the season 2004-05. ...
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Insipid trading on cotton
KARACHI, Oct 4: Trading on the cotton market on Monday resumed on an uncertain note followed by reports of damage to standing crop in the lower Sindh cotton belt because of rains...
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Index maintains upward drive
KARACHI, Oct 4: Stocks on Monday maintained an optimistic outlook as dividend-driven rally manifested itself in a bigger way followed by steady inflow of investment buying support. ...
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