| 18 December 2004 | Saturday | 05 Ziqa'ad 1425 |
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Aziz woos Chinese investors
SHANGHAI, Dec 17: Prime Minister Shaukat Aziz on Friday told the Chinese investors that Pakistan being an open economy offers great prospects for investment. ... 
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$10m deal signed
SHANGHAI, Dec 17: A $10 million contract was signed by a private Pakistani firm with a public-sector Chinese firm on Friday at a function organized by the mayor of Shanghai for Prime Minister Shaukat Aziz. ...
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Govt to re-lend Rs15 billion to Wapda at 12pc
ISLAMABAD, Dec 17: The federal government has decided to provide Rs15 billion worth of foreign loans to Wapda's storage and hydel power projects at 12 per cent interest rate, it is learnt. ...
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Current account may turn into deficit: ADB update
ISLAMABAD, Dec 17: The anticipated lower receipts from the US for logistic support for war in Afghanistan and the discontinuation of the Saudi oil facility will push the current account of the balance of payments ...
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Europe business houses to lobby for withdrawal: Duty on bed line
ISLAMABAD, Dec 17: The prominent business houses of Sweden and Denmark have expressed support for lobbying with the European Commission (EC) for withdrawing the anti-dumping duty imposed on Pakistan's bed linen. ...
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Leasing firms struggling for survival
LAHORE, Dec 17: The country's leasing industry is facing the possibility of "further shrinkage", if not extinction, due to tough competition from commercial banks which enjoy several advantages over their competitors in the leasing business. ...
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NCC allows membership to banks, DFIs
KARACHI, Dec 17: National Clearing Company of Pakistan Ltd (NCC) has modified and enhanced its existing broker-to-broker (BTB) module, allowing membership to banks and other financial institutions to facilitate margin financing transactions ...
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EPB clarifies over-shipment: US categories
KARACHI, Dec 17: The Export Promotion Bureau (EPB) has clarified that the condition of asking shipment schedule and proof of audited quota by December 20, 2004 for over-shipment in the US categories will apply only for "air shipments." ...
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LSE polls today
LAHORE, Dec 17: The election of five directors of the Lahore Stock Exchange (LSE) for the year 2005 will take place on Saturday. ...
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Euro gains against dollar
LONDON, Dec 17: The euro gained ground against the dollar late on Friday after getting a lift from a better-than-expected improvement in the Ifo business confidence survey in Germany. ...
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Physical trading remains active
KARACHI, Dec 17: Physical activity on the cotton market on Friday was maintained on the higher side as spinners and mills continued to cover their forward positions at the prevailing prices. ...
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Index gains 14.23 points on strong support at dips
KARACHI, Dec 17: Stocks finished the weekend session on a firm note despite early badla-related selling but managed to finish well above the day's lows on strong support at the dips. ...
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