| 15 December 2004 | Wednesday | 02 Ziqa'ad 1425 |
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Efforts on to reduce poverty: Shaukat
ISLAMABAD, Dec 14: Prime Minister Shaukat Aziz on Tuesday said micro finance was a capable system to eradicate poverty and ensure basic needs of life, including education, health and community development ... 
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'Corruption in Sindh taxation dept rampant'
KARACHI, Dec 14: A World Bank sponsored team of two Pakistani consultants Mr Shahid Kardar, a well known economist and Mr Shafqat Mahmood, a retired bureaucrat and a former PPP senator, held meeting with the Provincial Advisor on Excise and Taxation ...
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Pakistan repays $172m interest on Eurobond
ISLAMABAD, Dec 14: Pakistan has decided to back its upcoming Islamic bond 'Sukuk' with some of its non-productive assets as security which will be taken back by the government later, says State Bank Governor Dr Ishrat Husain. ...
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29 EoIs received for NRL
ISLAMABAD, Dec 14: The Privatization Commission has received a record number of Expressions of Interest (EoIs) from 29 local and foreign investors for acquiring controlling stakes in the National Refinery Limited (NRL). ...
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Prices of 16 items move up
ISLAMABAD, Dec 14: The prices of 16 essential items have increased significantly during the week ended on December 2, official statistics suggest. ...
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15pc duty on flour export imposed
ISLAMABAD, Dec 14: The government has imposed 15 per cent regulatory duty on export of wheat flour to avert the possible shortage of the commodity in the country. ...
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Inflation soars to 9.1pc in July-Nov
KARACHI, Dec 14: Average inflation, measured by consumer price index or CPI shot up by 9.1 per cent year-on-year in July-November 2004, according to data released by the Federal Bureau of Statistics or FBS. ...
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70pc cars sold through leasing, bank schemes
KARACHI, Dec 14: As many as 70 per cent of locally assembled cars are being sold through leasing and bank financing schemes while the rest of 30 per cent are being delivered on cash basis. ...
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Trade gap widens on rising import of capital goods
ISLAMABAD, Dec 14: Sharp demand for importing machinery, equipment and capital goods continues to increase that has caused $2.5 billion gap in imports and exports, said a senior official of the ministry of finance. ...
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US allows 10pc of overshipped textiles
KARACHI, Dec 14: The US authorities will allow entry of five per cent of over-shipped textile categories of base ceiling from Pakistan from February 1, 2005 and another five per cent in March 2005. ...
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Cotton market resists fresh decline
KARACHI, Dec 14: The cotton market on Tuesday resisted fresh decline as ginners held on to their unsold positions after having overcome the Monday's bearish spell amid light trading. ...
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Stocks maintain upward drive on late buying
KARACHI, Dec 14: Stocks on Tuesday maintained upward drive as investors covered positions at mid-session lower levels after having absorbed initial float from the carryover market. ...
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