| 22 December 2004 | Wednesday | 09 Ziqa'ad 1425 |
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Sindh yet to place Rs2.4bn with Slic: Pension funds
KARACHI, Dec 21: Sindh is suffering an average loss of Rs100,000 every day for the last more than three months because the provincial chief minister is not putting his signature on a summary that will shift Rs2.4 billion pension funds ... 
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IMF calls for curbing inflation
KARACHI, Dec 21: The International Monetary Fund or IMF has recommended that the State Bank monetary policy should focus "primarily on curbing inflation, as it is currently pursuing too many objectives." ...
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Environment conducive for investment: Aziz
ISLAMABAD, Dec 21: Prime Minister Shaukat Aziz on Tuesday said the government has provided enabling and conducive environment to stimulate private sector growth and urged investors to take full advantage of the investment friendly environment. ...
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Gas pipeline project discussed
ISLAMABAD, Dec 21: Crescent Petroleum Company, Sharjah, Project Director Sharjah Muhammad Mukkawi, who is currently visiting Pakistan as head of a three-member delegation ...
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Prospects dim for small, medium sector
LAHORE, Dec 21: Is Pakistan's small and medium sector at all prepared for the cutthroat competition, being unleashed by the process we know as globalization ...
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Greater market access sought: Services sector
ISLAMABAD, Dec 21: Pakistan should seek greater market access for its services sector to rich countries to enhance export of services to these countries under the General Agreement on Trade in Services (GATS). ...
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Developed countries may limit flow of textiles: WTO quota-free regime 10 days from now
KARACHI, Dec 21: The quota-free regime is fast approaching and only 10 days are left. There are, however, concerns about its implementation in letter and spirit by developed countries. ...
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Reserves can meet 6.2 months of imports
WASHINGTON, Dec 21: The Executive Board of the International Monetary Fund concluded 2004 consultation with Pakistan, and reported that the country's foreign exchange reserves have reached 6.2 months ...
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Hurdles to FDI
ISLAMABAD, Dec 21: Board of Investment, in recent months, received various complaints regarding hurdles in the way of direct foreign investment (DFI) in various sectors particularly in the textile sector ...
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Pakistan, Austria to enhance trade
ISLAMABAD, Dec 21: Pakistan and Austria have agreed to finalize two agreements - avoidance of double taxation and investment promotion-at the earliest. ...
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Rs4.6 billion financing for cement plant
KARACHI, Dec 21: The signing ceremony of term financing for Rs4.6 billion for 6,000 tons per day cement project of Bestway Cement Limited in Chakwal district was held here on Monday night. ...
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Eurobond declared best deal award
ISLAMABAD, Dec 21: Pakistan's $500 million Eurobond, launched in February 2004, has been declared the best deal award by FinanceAsia.com, a Network for Financial Decision Makers. ...
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Cotton market in grip of price war
KARACHI, Dec 21: Cotton market on Tuesday showed steady trend as ginners were in no mood to lower their asking prices despite reports of a bumper crop, well over 13m bales. ...
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100-share index posts fresh gain of 21.32 points
KARACHI, Dec 21: The KSE 100-share index on Tuesday maintained its upward drive, steadily closing up to its next target of 5,900 on the strength of active short-covering in the leading base shares. ...
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