Per capita income in Sindh falling: WB concept note
KARACHI, Nov 3: The World Bank has observed a 0.5 per cent decline at an average rate every year in the per capita income in Sindh since 1999 when the per capita income in other parts of the country showed an average annual growth of 1.3 per cent.
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Developing states submit proposals for review: ATC implementation
ISLAMABAD, Nov 3: Major developing textile exporting countries, including Pakistan, have submitted specific proposals for review of the implementation of the Agreement on Textiles and Clothing (ATC)
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SSGC mulling LNG import from Iran or Qatar
KARACHI, Nov 3: Sui Southern Gas Company (SSGC) was considering the offer to import 350 to 500 million cubic feet (mmcf) per day of liquefied natural gas (LNG) from Qatar or Iran to meet rising domestic demand.
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Sugarcane crushing in Sindh after Eid
KARACHI, Nov 3: A meeting of sugarcane growers and sugar mills on Wednesday decided that sugarcane crushing would start after Eid in Sindh as crop was not available for crushing purposes, official sources said.
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Revenue collection declines
ISLAMABAD, Nov 3: The revenue collection during the month of October 2004 declined by 0.8 per cent over the same month last year.
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Shareholding of LSE in Pacra rises to 40pc
LAHORE, Nov 3: The Lahore Stock Exchange became majority shareholding in the Pakistan Credit Rating Agency (Pacra) Limited after acquiring 6.70 per cent shares disinvested by Fitch and the International Finance Corporation (IFC).
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KCCI for trade promotion
KARACHI, Nov 3: KCCI Acting President Mian Abrar Ahmad has stressed the need for developing more cooperation and coordination between the chamber and foreign consulates.
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Major hurdles affecting FDI identified
ISLAMABAD, Nov 3: Political instability, unsatisfactory law and order situation, red-tapism and bureaucratic snafus are major hurdles in the way of attracting considerable foreign direct investment (FDI) in Pakistan, says a new study.
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Zero-tax on cell phone connection sought
KARACHI, Nov 3: Ufone, the state-owned cell phone operator, has proposed to the government to cut taxes to zero from Rs1,000 in order to reduce cellular entry barriers.
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Bank branches in unbanked areas
KARACHI, Nov 3: State Bank of Pakistan on Wednesday said condition of opening 20 per cent branches in unbanked areas shall not be applicable in case of bank having 100 or less branches.
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Prices ease on cotton market
KARACHI, Nov 3: Cotton market on Wednesday passed through another lean session as larger than expected arrivals of phutti into the ginneries continued to inspire fresh selling by the ginners at the lower levels.
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US election dominates market, index up 22 points
KARACHI, Nov 3: Stocks on Wednesday rose further but finished well below the day's highs as investors closely watched the vote-count in the US presidential election and mostly played on both sides of the fence.
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