Musharraf assures good return to investors: LPG plant inaugurated
HYDERABAD, Jan 31: President General Pervez Musharraf on Monday said that golden opportunities for investment existed in a variety of sectors, especially the energy sector.
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Climate good for investment: PM
ISLAMABAD, Jan 31: Prime Minister Shaukat Aziz on Monday said that investment climate in Pakistan today was more conducive than ever before and that local as well as foreign investors must avail abundant opportunities available for investment in the country.
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Investment from ECO states sought
KARACHI, Jan 31: Privatization and Investment Minister Dr Abdul Hafeez Shaikh has said that Pakistan is a safe and profitable destination for foreign investment because the country offers liberal investment policy
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PPL posts Rs4.1bn profit
KARACHI, Jan 31: Pakistan Petroleum Limited (PPL) announced half year to end December 31, 2004 results, posting after-tax profit at Rs 4.1 billion.
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Oil price review announcement held over
KARACHI, Jan 31: The Oil Companies Advisory Committee (OCAC) and the Oil Marketing Companies (OMCs) on Monday did not make any announcement regarding the prices of petroleum products.
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Sales tax on man-made fibre import may go
LAHORE, Jan 31: A proposal to withdraw general sales tax on the import of man-made fibre (MMF) is under study, says Textile Minister Mushtaq Ali Cheema.
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Saeed new FPCCI President
KARACHI, Jan 31: Ch Muhammad Saeed of Azad Jammu Kashmir Chamber of Commerce and Industry has been elected unopposed as president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for 2005 and 2006.
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Swiss textile machinery imports on the rise
KARACHI, Jan 31: The trade volume of supply of Swiss textile machinery, which showed an increase of 20 per cent during the year 2004, is set to register a further 25-30 per cent increase during the year 2005.
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'New KESC management cannot raise tariff'
KARACHI, Jan 31: Privatization and Investment Minister Dr Abdul Hafeez Shaikh said on Monday that new management of Karachi Electric Supply Corporation (KESC) could not increase power tariff for seven years.
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KICT capacity being doubled
LAHORE, Jan 31; The Federal Minister for Ports and Shipping, Senator Babar Khan Ghauri, on Monday said that Karachi International Container Terminal capacity was being doubled with a $55 million investment
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Need stressed to produce qualified CAs
KARACHI, Jan 31: The country has made progress as far as the banking profession is concerned in attracting and retaining chartered accountants.
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Procurement of cotton: clarification
KARACHI, Jan 31: This refers to the news item captioned "TCP not furnishing data on cotton procurement" published in the Business section of Dawn on Jan 29. The factual position is given as under:
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Ginners raise asking prices
KARACHI, Jan 31: The cotton market on Monday shrugged off the weekend hesitancy as ginners raised their asking prices amid rumours that the visiting Chinese team is here on a big shopping list.
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KSE 100-share index sheds another 51 points
KARACHI, Jan 31: Stocks on Monday resumed trading on an easy note as investors again played on both sides of the market, but the attempted mid-session bull rally failed to get through owing to fresh heavy selling in PTCL.
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