| 21 December 2004 | Tuesday | 08 Ziqa'ad 1425 |
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Economic growth alone cannot tackle poverty
KARACHI, Dec 20: Three well-known Pakistani economists and a foreign diplomat expressed a unanimous view on Monday that poverty could not be tackled only with economic growth but there had to be a strategy for equitable distribution of income ... 
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'Capital guaranteed' fund next year
KARACHI, Dec 20: A "capital guaranteed fund", which would be the first of its kind in Pakistan, would hit the market in the first quarter of 2005. ...
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Development of corporate entities urged: Preparation for WTO era
ISLAMABAD, Dec 20: Pakistan has been advised by the European Union, friendly countries and various foreign organizations to force its exporters and growers to adopt "marketing-oriented approach" to compete in the WTO regime beginning from January 2005. ...
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ECO helps promote trade links
ISLAMABAD, Dec 20: Investment and Privatization Minister Dr Abdul Hafeez Shaikh has said that in the present age of information, communication and globalization, free trade has become significantly important for regional cooperation in the world. ...
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Wheat prices decline by Rs100
KARACHI, Dec 20: Sindh Minister for Food and Agriculture Arif Mustafa Jatoi said on Monday that wheat stock has surpassed 300,000 tons as its prices declined by Rs100 to Rs1200 per ton. ...
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Pakistan obtained loans worth $9bn: 1999-2004 period
ISLAMABAD, Dec 20: Pakistan obtained loans worth almost $9 billion from 1999 till 2004 from international public financial institutions and other sources, said finance ministry officials. ...
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CBR laws to be reviewed
ISLAMABAD, Dec 20: The Board-in-Council (BIC) of the Central Board of Revenue has decided to review all existing laws to make them simpler and taxpayers' friendly. ...
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Bourses merger to finalize by March 31
ISLAMABAD, Dec 20: A meeting of the Securities and Exchange Commission of Pakistan (SECP) and the three stock exchanges here on Monday agreed to undertake the process of demutualization and integration of the stock exchanges simultaneously. ...
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India plans investment in Pakistan
NEW DELHI, Dec 20: A Joint Study Group (JSG) to be co-chaired by the Commerce Secretaries of India and Pakistan would, among other things, look at certain preferential trading arrangement on goods ...
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Car makers given two months to eliminate premium
LAHORE, Dec 20: Federal Industries Minister Jehangir Tareen has given two months for the elimination of the issue of premium on new cars. ...
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Trading remains dull on cotton market
KARACHI, Dec 20: Cotton market on Monday did not react bearishly to higher arrival figures of phutti into the ginneries as ginners held on to their positions indicating they were not inclined to lower their asking prices for the near-term. ...
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Some blue chips lead modest gain on stock market
KARACHI, Dec 20: Stocks on Monday managed to finish modestly higher under the lead of some blue chips but instances of profit-taking at the inflated levels were not wanting, which could lead to a major shake-out any day. ...
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