| 24 December 2004 | Friday | 11 Ziqa'ad 1425 |
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Pakistan seeks IMF assistance to monitor GDP
KARACHI, Dec 23: Pakistan is seeking assistance of International Monetary Fund (IMF) to monitor gross domestic production (GDP) on quarterly basis and draw up a reliable house rent index ... 
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Banks give Rs34.6bn farm credit
KARACHI, Dec 23: Banks disbursed Rs34.6 billion agricultural credit in the first five months of this fiscal year, against the full year target of Rs85 billion. ...
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Zero-rate cotton import allowed
ISLAMABAD, Dec 23: The government has allowed zero-rated supply of imported cotton to facilitate the textile manufacturers. The decision was announced through a sales tax notification SRO1003 issued on Thursday ...
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ADB releases $50m for ZTBL restructuring
ISLAMABAD, Dec 23: Asian Development Bank (ADB) has released the second tranche of $50 million of the $250 million Rural Finance Sector Development Programme (RFSDP). ...
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New routes for trade with Kabul under way
PESHAWAR, Dec 23: The Central Board of Revenue (CBR) is in the process of establishing eight new customs stations in different parts of the Federally Administered Tribal Areas (Fata) to encourage trade ...
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Pakistan, Iran agree to cut duty on 650 items
KARACHI, Dec 23: Iran and Pakistan have identified 650 items for reduction of duty and talks on rationalization of tariff will be held soon. ...
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Pakistan, China sign trade pact
KUNMING, Dec 23: Major business promotion institutions from China have signed agreement with Pakistan and other south Asian countries here, vowing to strengthen trade cooperation at bilateral and regional levels. ...
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Dollar falls to Rs59.50 in inter-bank market
KARACHI, Dec 23: The rupee has recovered 18 paisa or 0.3 per cent value against the US dollar so far during this week on improved inflow of exporters' earnings and workers' remittances or foreign exchange sent home by overseas Pakistanis. ...
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Pakistan, Sri Lanka finalize fresh list
ISLAMABAD, Dec 23: Pakistan and Sri Lanka have finalized the fresh list of items to be considered for duty reduction under the much awaited Free Trade Agreement (FTA) between the two countries. ...
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Oil prices slip amid lack of support
LONDON, Dec 23: World oil prices slipped slightly on Thursday after plunging more than one-and-a-half dollars a barrel the day before on an unexpected rise in US crude stockpiles. ...
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'Bourse performance improving'
KARACHI, Dec 23: Sher Afghan Malik, President of Institute of Cost and Management Accountants of Pakistan (ICMAP), has pointed towards the improvement in the stock exchanges in the country. ...
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Steady conditions on cotton market
KARACHI, Dec 23: Cotton market on Thursday showed steady trend as ginners were not inclined to lower their asking prices from the current levels and spinners have no other option but to oblige them. ...
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