| 28 November 2004 | Sunday | 15 Shawwal 1425 |
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Efforts under way to evolve consensus: NFC meeting likely in Jan
KARACHI, Nov 27: A meeting of the National Finance Commission (NFC) is being planned late next month but only after an informal consensus has been reached on the resources distribution formula between the federation ... 
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Pakistan steps up efforts to avoid duty: Exports to EU
LONDON, Nov 27: State Minister for Commerce Hamid Yar Hiraj has said efforts are being mounted to avoid 25 per cent tariff on Pakistan's bedlinen and textile exports by the EU member countries next year. ...
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Deepening interest in a growing market
KARACHI, Nov 27: A fast-growing economy with increasing appetite for imports has renewed European interest in the in Pakistani market. The worldwide imports of machinery and equipments soared to $4.2 billion in last fiscal. ...
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Textile City board to elect chairman tomorrow
KARACHI, Nov 27: The second meeting of the 11-member Board of Directors of the upcoming Textile City near Port Qasim is being held here on Monday to elect a chairman and take up an agenda of a dozen points. ...
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Gap between lending, deposit rates rising
KARACHI, Nov 27: The gap between fresh lending and deposit rates rose to 415 basis points in September from 386bps in June, showing an increase of 29bps within the first quarter of this fiscal year. ...
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Fund managers eyeing Asian markets
KARACHI, Nov 27: International fund managers are eyeing markets in Taiwan, Indonesia and India. That is a good omen, suggests a local manager of a private stock market funds. "If that is the case, Pakistan cannot be far behind," he says. ...
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Investment in badla at record high
KARACHI, Nov 27: Investment on the carryover market of the Karachi Stock Exchange last week swelled to a record level of Rs28.8 billion from the previous Rs27.3 billion, showing an increase of Rs1.5 billion or 5.5 per cent. ...
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WB for reducing business cost
ISLAMABAD, Nov 27: Head of Resident Mission of World Bank in Pakistan John Wall on Saturday said that investment climate and macro-economic situation seems to be good only on papers as the country lacks proper implementation of policies. ...
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Sugarcane crushing to close from Dec 2
KARACHI, Nov 27: Sindh sugar mills are going to stop cane crushing from mid-night of December 2, 2004, for a period of 20 days to get availability of labour and sugarcane supply improved. ...
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Interest rate to remain stable, says NBP chief
KARACHI, Nov 27: The chief of Pakistan's top state-run bank said on Saturday he did not expect a dramatic rise in interest rates, which have been rising in recent months as the central bank tries to check inflation. ...
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EoIs for Bolan Textile machinery invited
ISLAMABAD, Nov 27: The Privatization Commission has invited Expressions of Interest (EOIs) by December 10, 2004 from interested parties for the sale of machinery of Bolan Textile Mills ...
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Prices fall further on cotton market
KARACHI, Nov 27: Lint prices on the Karachi Cotton Exchange on Saturday fell further as ginners continued to liquidate long positions at the falling prices amid fears that the production glut could well mean panic selling in coming weeks. ...
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