Pakistan, India form bodies on textiles
KARACHI, Jan 11: Leaders of the All Pakistan Textile Mills Association (Aptma) and the North India Textile Mills Association (NITMA) decided on Tuesday to form group committees for drawing up a joint strategy
...
|
|
Ishrat promises euro-denominated bonds in future
SINGAPORE, Jan 11: Pakistan will consider euro-denominated and longer-dated bonds when it comes to the international debt markets in the future, Ishrat Husain, Governor of the State Bank of Pakistan, said Tuesday.
...
|
|
UK likely to invest in Gwadar
QUETTA, Jan 11: The British Minister of State for External Affairs and Commonwealth, Mr Douglas Alexander has said that more investors from UK would visit Gwadar and other areas of Balochistan to explore investment prospects.
...
|
|
Govt exploring possibility to privatize CIRC
LAHORE, Jan 11: Prime Minister Shaukat Aziz has asked the management of the Corporate and Industrial Restructuring Corporation (CIRC) to explore the possibility of +ACI-privatizing + ACI- the corporation and its operations
...
|
|
Govt to involve private sector in decision-making: Public units
PESHAWAR, Jan 11: Federal Minister for Industries and Production and Special Initiatives Jehangir Khan Tareen has said that private sector's representatives will be taken on the decision making bodies
...
|
|
PTCL divestment process in final stages
ISLAMABAD, Jan 11: The Privatization Commission is finalising arrangements to dis-invest Pakistan Telecommunication Company Limited (PTCL) as a "single entity" with transfer of 26 per cent management control to a strategic buyer by June 30 this year.
...
|
|
Cement companies enhancing capacity
KARACHI, Jan 11: Almost all major cement companies are currently in the throes of giant expansions in their capacities, which, analysts say, would be absorbed by the market assuming demand growth to continue at 12-15 per cent per year.
...
|
|
Oil, gas discovered in NWFP
ISLAMABAD, Jan 11: MOL Pakistan Oil and Gas Company has announced that it has made a second discovery of oil and gas in the Tal Block, located in NWFP.
...
|
|
Inflation increased to 7.37pc in Dec
ISLAMABAD, Jan 11: Inflation rose to 7.37 per cent on year in December - its slowest increase so far in the current fiscal year - due to a slight drop in food prices and a higher statistical base last year, official data showed Tuesday.
...
|
|
Current account deficit at $746m: July-November
KARACHI, Jan 11: Pakistan had to witness $746 million current account deficit in the first five months of this fiscal year against $1.62 billion surplus during the same period of the last fiscal year.
...
|
|
South Asian states urged to speed up reforms
ISLAMABAD, Jan 11: Commerce Minister Humayun Akhtar Khan has said that South Asia states have to move rapidly to reforms, deregulation and liberalization of their economies to compete in the international market.
...
|
|
Bullish trend on cotton market
KARACHI, Jan 11: Cotton market on Tuesday showed firm trend as ginners further raised their asking prices but spinners were reluctant buyers as they had to operate within their export parity levels.
...
|
|