KESC seeks conversion of govt debt into equity: AGM on Dec 2
KARACHI, Nov 4: Karachi Electric Supply Corporation Limited has announced that at the shareholders' annual meeting scheduled for December 2, the corporation would seek approval for conversion of KESC's debt payable to the government of Pakistan (GoP) into equity.
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Pakistan for concessions on 30 areas: Trade talks with India
ISLAMABAD, Nov 4: Pakistan will discuss with Indian authorities a list of proposals seeking concessions in around 30 areas to enhance commercial and economic relations between the two countries.
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Pakistan may get more market access: Bush's re-election
KARACHI, Nov 4: The re-election of George W. Bush is viewed as a positive development for Pakistan by the business community. A change in the US administration could have created an uncertainty.
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Govt asked to open up areas for gas exploration: Energy shortage
ISLAMABAD, Nov 4: Pakistan needs to remove restrictions on natural gas production, restructure its gas pricing mechanism and open its Balochistan province for exploration to overcome a potential energy shortage in the next two to three years
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CBR suspends ST internal audit system
ISLAMABAD, Nov 4: The Central Board of Revenue (CBR) has decided to suspend the Sales Tax internal field audit system aiming to stop harassment of taxpayers by internal auditors as part of restructuring of tax administration.
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PM calls for boosting trade with Bangladesh
DHAKA, Nov 4: Prime Minister Shaukat Aziz on Thursday called for further improvement in trade ties between Pakistan and Bangladesh through mutual cooperation and exchange of trade relations.
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Phutti arrivals up by 51 per cent
MULTAN, Nov 4: Cotton arrivals at 959 ginneries by November 1, 2004 showed an increase of 51.09 per cent over the same period last year.
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NCR Corp achieves CMM level 5
ISLAMABAD, Nov 4: NCR Corporation has become the first company in Pakistan that has achieved level 5 of the Capability Maturity Model (CMM), the highest maturity level for any software process
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Cotton market lacks lustre
KARACHI, Nov 4: Trading activity on the cotton market on Thursday was relatively slow as leading spinners and mills kept to the sidelines most of the time, entertaining the idea of fresh hasty selling by ginners.
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Leading base shares' weakness halts upward rally
KARACHI, Nov 4: Stocks on Thursday were overwhelmed by its technical demands after the Americans again voted President Bush for a second term, but the market reaction to the post-election scenario was not that encouraging.
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