| 31 October 2004 | Sunday | 16 Ramazan 1425 |
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Reserves to be used for oil import
KARACHI, Oct 30: All payments of oil import bill will be met from the foreign exchange reserves while machinery and other imports will continue to be financed from the inter-bank resources ... 
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Marginal fall in foreign debt
KARACHI, Oct 30: Pakistan's total external debt saw only a marginal fall of $45 million in FY04 (July-June 2003-04), according to the State Bank's annual report for the last fiscal year released here on Saturday. ...
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Spinners against export of lint
LAHORE, Oct 30: The government's decision to export lint cotton to be procured by the Trading Corporation of Pakistan this season has sent a wave of shock among spinners, who say the "move would tantamount to giving subsidy to their (foreign) competitors and hurt their interest". ...
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New criteria for MAP corporate awards
KARACHI, Oct 30: All the 700 companies listed on the Karachi Stock Exchange have been made eligible to contest for the Corporate Excellence Award following changes made in criteria and assessment process by the Management Association of Pakistan. ...
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Smuggled, under-invoiced items share rises
KARACHI, Oct 30: Local producers of fabrics and clothes again appear worried this Eid over persistent rising market share of imported, smuggled, under-invoiced and misdeclared goods. ...
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Eid shopping getting pace
KARACHI, Oct 30: Markets all over the city are all set to entertain customers who come out in flocks in the month of Ramazan to make most out of their Eid budget. ...
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Executive summary of SBP annual report
KARACHI, Oct 30: Following is the executive summary of the State Bank annual report 2003-04 released on Saturday: ...
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ICAP hikes passing marks to 50pc
KARACHI, Oct 30: The Institute of Chartered Accountants of Pakistan (ICAP) declared on Saturday that the passing marks would be 50 per cent. ...
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KESC revenue recovery up by 103pc
KARACHI, Oct 30: Karachi Electric Supply Corporation has made a "miraculous financial turnaround" by persistent efforts and increase in the revenue recovery by 103 per cent ...
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KSE urged to expand investors' base
KARACHI, Oct 30: Dr Salman Shah, adviser to the prime minister on finance, said that it was heartening to note that the country had a very healthy capital market. ...
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World Bank team visits ICMAP
KARACHI, Oct 30: A two-member World Bank Team visited Institute of Cost and Management Accountants of Pakistan (ICMAP) on Saturday. ...
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PM satisfied with economic indicators
KARACHI, Oct 30: Prime Minister Shaukat Aziz has said that economic indicators of the first quarter of the current financial year are very encouraging and Pakistan has a very bright future for the coming generation. ...
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Saarc Commerce Ministers moot soon
LAHORE, Oct 30: Commerce Ministers of South Asian Nations will meet in Islamabad soon to discuss the ways to increase intra-regional trade. ...
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Badla rates fall to 11.6pc
KARACHI, Oct 30: Carry over rates on the Karachi Stock Exchange last week fell from the previous week's highs to 11.6pc from 14.1pc due to a technical correction in the equity values. ...
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Fauji Fertilizer
KARACHI, Oct 30: The market was taken by surprise on Wednesday, when Fauji Fertilizer Company Limited (FFCL) - the largest urea producer in the country - announced a hefty rise of 59 per cent in after tax earnings ...
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Easy trend on cotton market
KARACHI, Oct 30: Cotton prices on Saturday eased by another Rs25 per maund as spinners slowed down their daily off-take followed by unconfirmed reports of virus attack in some areas of the Punjab cotton belt. ...
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