| 10 October 2004 | Sunday | 24 Shaban 1425 |
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Banks' advances grow by Rs72bn
KARACHI, Oct 9: Banks' total advances during the first quarter of this fiscal year rose by Rs72 billion that points to a growing appetite among both the government as well as the private sector for bank loans. ... 
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SECP striving to develop capital market: Deposit functionality
LAHORE, Oct 9: The main objective of the Securities and Exchange Commission of Pakistan (SECP) is to pursue the development of capital market and Central Deposit Company (CDC) is playing an important role in this regard. ...
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Corporates prefer self-financing to debts
KARACHI, Oct 9: Industrialization in Pakistan has followed the traditional path taken by both the developed and developing nations. ...
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SBP move cuts open plot rates by 5-8pc
KARACHI, Oct 9: The State Bank's recent directive to check speculation in real estate prices has made a psychological impact on the market, resulting in price decline of open plots by five to eight per cent ...
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Govt incurs Rs15bn PDL losses
ISLAMABAD, Oct 9: The unprecedented rise in international oil prices has started hitting budget, and the national exchequer lost Rs15 billion between May 1 and September 1, 2004. ...
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Refineries gain from rising oil prices
KARACHI, Oct 9: As New York's main crude oil contracts closed at $53.31 a barrel on Friday, after hitting record $53.40, the one sector in Pakistan that possibly had reason to rejoice was the oil refineries. ...
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Pakistan, Austria sign cooperation agreement
ISLAMABAD, Oct 9: Pakistan and Austria on Saturday agreed to enhance cooperation and undertake joint economic projects in various fields. ...
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Industrial policy aims at wooing investment
ISLAMABAD, Oct 9: Federal Minister for Industries, Production and Special Initiatives Jahangir Khan Tareen has said that Pakistan is pursuing a competitive, liberal industrial policy in the region. ...
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Lint prices rise on TCP buying
KARACHI, Oct 9: Cotton prices on Saturday rose modestly higher from the current lower levels boosted by reports of steady buying by the Trading Corporation of Pakistan. ...
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US firms benefited from UN food programme: Iraqi oil
NEW YORK, Oct 9: Major American oil companies and a Texas oil investor benefited from the United Nations oil-for-food programme for Iraq according to a report prepared by the chief arms inspector for the Central Intelligence Agency. ...
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