| 07 December 2004 | Tuesday | 24 Shawwal 1425 |
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Two new companies being floated: Revival of PIDC
KARACHI, Dec 6: The virtually dead Pakistan Industrial Development Corporation (PIDC) is being put to life again, and two new companies, each with a capital base of Rs150 million ... 
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WB finalizes $300m soft loan for reforms: Banking sector
ISLAMABAD, Dec 6: The World Bank has finalized negotiations with the senior Pakistani officials to extend $300 million new soft loan for banking sector reform. ...
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Inflation may rise by 6-7pc in FY05
KARACHI, Dec 6: Top policy makers are projecting inflation to rise by 6-7 per cent during this fiscal year, up from the initial target of 5 per cent, sources close to the ministry of finance say. ...
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Ecnec to approve 38 projects today
ISLAMABAD, Dec 6: The Executive Committee of the National Economic Council (Ecnec) is meeting here on Tuesday (today) to approve about 38 new projects at a cost of over Rs200 billion. ...
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Cabinet body to finalize Kapco IPO
ISLAMABAD, Dec 6: The Privatization Commission Board (PCB) here on Monday determined a price for the initial public offering (IPO) of 20 per cent shares of Kot Adu Power Company (Kapco) ...
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Cement exports grew by 63pc in July-Nov
KARACHI, Dec 6: Cement exports in the first five months of the current year (July-Nov 04) increased by 63 per cent to 673,877 tons, from 413,426 tons in the corresponding period of the previous year. ...
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LPG from Jamshoro facility by year-end
LAHORE, Dec 6: The $40 million Liquefied Petroleum Gas (LPG) facility in Jamshoro, Sindh, is expected to be commissioned for commercial production by the end of December. ...
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Dutch firm to expand investment
ISLAMABAD, Dec 6: SHV Holding of the Netherlands, a multinational company that has made investments in Pakistan in the LPG and gas sector, has decided to diversify its investment in the country. ...
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Insipid trading on cotton market
KARACHI, Dec 6: Trading on the cotton market on Monday resumed on a dull note as spinners and ginners remained locked in price war but the latter appeared to be in no mood to be outwitted by larger than expected arrivals of phutti. ...
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Stocks hit all-time high on president's successful US trip
KARACHI, Dec 6: The KSE 100-share index on Monday finished at an all-time high of 5,633.13 amid heavy buying boosted by the perception of more close ties with the US after the president's visit. ...
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