| 11 November 2004 | Thursday | 27 Ramazan 1425 |
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PTCL to be sold as one entity in six months
ISLAMABAD, Nov 10: The federal government on Wednesday announced to privatize Pakistan Telecommunication Company Limited (PTCL) including Paknet and Ufone as one entity on "as-is-where-is basis" within six months. ... 
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Environment good for investment, says Aziz
ISLAMABAD, Nov 10: Prime Minister Shaukat Aziz on Wednesday asked the business community to take advantage of the 'feel good' environment prevailing in the country. ...
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10,000 tons LPG import agreement signed
KARACHI, Nov 10: A local company has signed an agreement with a foreign company to import 10,000 tons of liquefied petroleum gas (LPG) aimed at easing gas prices currently hovering between Rs48-50 per kg. ...
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Import bill up by 37pc in four months
ISLAMABAD, Nov 10: A massive growth in imports of five major groups raised the import bill by 37.42 per cent to $5.893 billion during the first four months (July-Oct) of the fiscal year 2004-05 as against $4.288 billion during the same months last year. ...
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SBP softens checks on forex rules
KARACHI, Nov 10: After keeping strict checks on foreign exchange outflows for 10 days to support the falling rupee, the State Bank on Wednesday, softened them to signal that it is still following a liberal forex regime. ...
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Joint strategy
ISLAMABAD, Nov 10: Pakistan and Norway have agreed to adopt a joint strategy in the upcoming ministerial round on Doha Development Agenda (DDA) to be held in Hong Kong in December 2005. ...
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Yield on 6-month TBs raised sharply
KARACHI, Nov 10: The State Bank on Wednesday raised the weighted average yield on six-month treasury bills by 54 basis points to 3.73 per cent. ...
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HSBC raises paid-up capital by Rs500m
KARACHI, Nov 10: Hongkong & Shanghai Banking Corporation (HSBC) has increased paid-up capital invested in Pakistan by 50 per cent or Rs500 million, and now has Rs1.5 billion in capital dedicated to Pakistan market. ...
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HBFC ratings maintained at 'A', 'A1'
LAHORE, Nov 10: The Pakistan Credit Rating Agency (Pacra) has maintained long-term rating at "A" (single A) and short-term rating at "A1" (A One) of the House Building Finance Corporation (HBFC). ...
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Removal of barriers sought: Pakistan-India trade
KARACHI, Nov 10: FPCCI and Indian Chamber of Punjab, Hirayana and Delhi have called for removal of all barriers to trade and economic cooperation between the two countries. ...
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Prices remain stable on cotton market
KARACHI, Nov 10: Cotton prices on Wednesday remained stable around the previous levels owing to a strong presence of the TCP in the ready market and holding back of phutti stocks by some leading growers. ...
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KSE index crosses 5,400-point psychological barrier
KARACHI, Nov 10: Stocks on Wednesday finished with an extended gain as institutional traders and punters were not inclined to take even a technical breath despite a closure ahead and covered positions at the current levels on selected counters. ...
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