| 13 October 2004 | Wednesday | 27 Shaban 1425 |
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US revives facility of duty relief under GSP
ISLAMABAD, Oct 12: Federal Commerce Minister Humayun Akhtar Khan announced on Tuesday that the United States has agreed to revive the facility of duty concession on Pakistani products under generalized system of preferences (GSP). ... 
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EC vows steps to defend Europe in post-quota era
BRUSSELS, Oct 12: The European Commission on Tuesday vowed to defend Europe's textile industry against foreign competition following the elimination of worldwide textile quotas in 2005. ...
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TCP serves 'national interest'
KARACHI, Oct 12: The government-owned Trading Corporation of Pakistan is emerging as the single largest trading house of the country with a conservative estimate of fund involvement of Rs30 billion by December this year. ...
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Giant Indian auto maker exploring local market
KARACHI, Oct 12: An Indian auto giant is in touch with some local business houses with the aim to launch its vehicles in Pakistan. The Indian company, Mahindra and Mahindra Limited (MML), attracted by the effective demand for automobiles ...
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Inflation up by 9.18 per cent in July-Sept
KARACHI, Oct 12: Inflation measured by Consumer Price Index or CPI rose by 9.18 per cent in the first quarter of this fiscal year reinforcing a widely shared view that the full year inflation will rise beyond 6 per cent, against the initial target of 5 per cent. ...
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Rupee sheds 11 paisa
KARACHI, Oct 12: The rupee on Tuesday lost 11 paisa to the US dollar in the inter-bank market on a $20 million plus outflow of foreign exchange including oil import payment and government payments. ...
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Strategies for seven SME sectors
KARACHI, Oct 12: The Small and Medium Enterprise Development Authority (Smeda) has initiated an emergent programme to design development strategies for seven priority sectors of the SME industry identified by Industries and Production Minister Jehangir Khan Tareen. ...
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Wholesale price of spices for Ramazan
KARACHI, Oct 12: The Jodia Bazar Traders Association (JBTA) and the city government have finalized the wholesale price of various spices for Ramazan. ...
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SPDC MD resigning by year-end
KARACHI, Oct 12: Dr Kaiser Bengali, Managing Director of the Social Policy and Development Centre (SPDC), a private sector research organization, is resigning by the end of this year following a series of dramatic developments since May this year. ...
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Auditors urged to improve skills
KARACHI, Oct 12: Improvement in skills and better understanding of auditing procedures are essential to deliver better results in the form of production of good quality audit report and improved recovery of revenues, speakers at a workshop emphasized. ...
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Lint prices firm on TCP buying
KARACHI, Oct 12: Physical trading on the cotton market on Tuesday was relatively slow as leading ginners held on to their positions anticipating further increase in prices followed by strong presence of the TCP in the ready section. ...
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Index crosses 5,400-point barrier
KARACHI, Oct 12: Stocks on Tuesday maintained their winning streak as investors were not inclined to miss the rising market and an attractive bait of capital appreciation notably on the energy counter because of a steep rise in world oil prices and perceptions of higher profit margins. ...
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