| 13 January 2005 | Thursday | 02 Zilhaj 1425 |
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UK favours Pakistan's access to GSP plus
ISLAMABAD, Jan 12: The United Kingdom will support Pakistan in getting access to the market of the European Union member countries under the new generalized system of preferences (GSP) plus scheme (zero rate of duty) to be effective from January 2006. ... 
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Two groups to vie for KESC on Feb 4
KARACHI, Jan 12: Two bidders, a Saudi sponsored group Kanooz and an all Pakistan investors group Hasan Associates, are participating in an open bid for acquisition of 73 per cent of the Karachi Electric Supply Corporation (KESC) shares ...
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NWFP industry suffers heavy financial losses: Non-supply of gas
PESHAWAR, Jan 12: Suspension of gas supply to spinning units situated in the Gadoonamanzai Industrial Estate (GIE) has caused substantial financial losses to manufacturers after some of them have lost export contracts, according to business circles. ...
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Import bill up 47pc in 6 months
ISLAMABAD, Jan 12: Pakistan's import bill soared by 47.1 per cent during the first-half of the current financial year over the same period last year. ...
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SBP drafts rules for payment systems
KARACHI, Jan 12: The State Bank has drafted a Payment Systems and Electronic Fund Transfers Act, 2005 aimed at providing stability in the financial system of the country through an efficient and well functioning payments system. ...
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WLL has market for 15m lines in five years
KARACHI, Jan 12: Operators of wireless local loop (WLL) say that there is a market for an additional 10-15 million lines in the next five years. ...
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Cotton crop still below potential
LAHORE, Jan 12: While a bumper cotton crop has been reportedly produced by Pakistan this year, experts feel it is still below potential in terms of yield per hectare and it is considerably lower than yields in leading cotton-growing countries. ...
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FBS version on trade figures
KARACHI, Jan 12: The Federal Bureau of Statistics has clarified a news item appeared in Dawn regarding the delay in release of monthly report on trade figures for the month of December 2004. ...
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NTC initiates dumping probe against Chinese firm
ISLAMABAD, Jan 12: The National Tariff Commission (NTC) has initiated anti-dumping investigations against the allegedly dump imports of Urea Formaldehyde Moulding Compound (UFMC) from China causing injury to the domestic manufacturing industry. ...
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Involvement of industry in sugar import sought
KARACHI, Jan 12: The sugar industry is seeking its involvement in import of raw sugar to prevent its sale in the open market without being further processed and refined by trade. ...
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Active buying on cotton market
KARACHI, Jan 12: Physical activity on the cotton market on Wednesday modestly picked up as spinners and mills resumed their forward covering purchases at the higher prices. ...
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Profit-taking halts upward drive on stock market
KARACHI, Jan 12: Stocks on Wednesday came in for strong selling as some of the punters unloaded long positions on some of the pivotals at the inflated levels amid a briskly traded session. ...
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