| 31 December 2004 | Friday | 18 Ziqa'ad 1425 |
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Pakistan, BD upbeat on new textile era: Quota abolition
KARACHI/DHAKA, Dec 30: Major textile exporters in Pakistan and Bangladesh should benefit from the abolition of global quotas that takes effect on Jan 1, officials and analysts said on Thursday. ... 
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Meetings on leather industry's problems
KARACHI, Dec 30: Commerce Minister Humayun Akhtar Khan has convened two meetings in Islamabad early next month to discuss and solve problems facing leather garment sector. ...
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Commodity exchange draft rules issued
ISLAMABAD, Dec 30: The Securities and Exchange Commission of Pakistan (SECP) has prepared the draft Commodity Exchange and Futures Contract Rules, 2004 in consultation with the National Commodity Exchange Limited. ...
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Chinese PM to inaugurate Thar coal project
BEIJING, Dec 30: Chinese Premier Wen Jiabao will inaugurate Thar coal power project during his upcoming visit to Pakistan, official sources told APP here on Thursday. ...
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Adoption of Korean tax model under study
ISLAMABAD, Dec 30: The chairman, Central Board of Revenue (CBR) M Abdullah Yousuf has said government is considering a proposal to adopt the Korean model of sales tax in the country to overcome the shortcomings of the existing system. ...
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KCCI seeks zero-rated raw material import
KARACHI, Dec 30: Karachi Chamber of Commerce and Industry (KCCI) has urged the government to immediately reduce sales tax/withholding tax to zero rate on all sorts of raw material used in garments ...
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OGDCL gets Ogra licence
ISLAMABAD, Dec 30: Oil and Gas Regulatory Authority on Thursday granted three licences to Oil and Gas Development Company Limited (OGDCL) to sell natural gas from its Uch Gas field ...
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Gas supply to Gadoon: clarification
KARACHI, Dec 30: Sui Northern Gas Pipelines Limited (SNGPL) has said that out of 23 industries on gas in Gadoon -- only five captive power units are facing gas disconnection temporarily ...
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Euro gains against dollar on weak US data
LONDON, Dec 30: The euro climbed higher against the dollar here on Thursday, approaching record levels, following the publication of weak industrial activity data in the United States. ...
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S. Korea signs deal to double rice imports
SEOUL, Dec 30: South Korea unveiled a trade deal on Thursday under which it will double rice imports in return for enjoying another 10-year grace period before fully opening up its agricultural markets. ...
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Prices keep rising on cotton market
KARACHI, Dec 30: Cotton market on Thursday remained in a bullish frame of mind as ginners further raised their asking prices but spinners and mills remained active buyers at the rise. ...
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KSE 100-share index loses 16 points on profit-taking
KARACHI, Dec 30: Stocks on Thursday suffered a mild technical correction as some of the leading shares came in for active profit-selling at the inflated levels but bulk of it was well-absorbed at the dips. ...
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