Withdrawal from NSS stands at Rs2.3bn: July-December
KARACHI, Feb 22: Net investment in National Saving Schemes remained negative in the first half of this fiscal year even though people continued to invest heavily in two of these schemes.
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Cotton vision sees 15m bales output by 2010
ISLAMABAD, Feb 22: The cotton vision programme envisages production up to 15 million bales by the year 2010. The government intends to provide facilities to all stakeholders
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Pakistan gets $515m FDI in seven months
ISLAMABAD, Feb 22: The inflow of foreign direct investment (FDI) has registered a 52 per cent increase during the first seven months (July-January) of the current fiscal year over the same period of the last year.
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PS sell-off likely by year-end
LAHORE, Feb 22: Federal Industries and Production Minister Jehangir Tareen on Tuesday said the government would appoint financial adviser for the privatization of the Pakistan Steel within two weeks to pave the way for its privatization by the end of this year.
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14 firms allowed voluntary delisting
KARACHI, Feb 22: The Karachi Stock Exchange has advised minority shareholders in companies that seek voluntary delisting and buy-back of shares, to avail the opportunity within the specified time-frame.
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Road show a great success, says Jatoi
ISLAMABAD, Feb 22: Federal Minister for Water and Power, Liaquat Ali Jatoi on Tuesday said that a lot of potential investors have shown their interest in the road show to invest in Pakistan in the power sector.
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EPB to arrange participation: Rebuild Iraq 2005
KARACHI, Feb 22: The Export Promotion Bureau will arrange participation of Pakistani firms and exporters at the first-ever exhibition on "Rebuild Iraq 2005" being held at Amman, Jordan.
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Kenya lifts tariff on rice
ISLAMABAD, Feb 22: The Kenyan government has waived common external tariff (CET) on 350 containers with consignments of Pakistani rice held up at the Mombassa port.
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Pak Oman okays Rs750m financing
KARACHI, Feb 22: The Pak Oman Investment Company (Pak Oman) Board of Directors has approved financing of Rs750 million ($12.6 million) in various sectors of the economy.
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Chinese team visits EPB
KARACHI, Feb 22: A 15-member Chinese trade delegation on Tuesday visited the display centre of Export Promotion Bureau and appreciated the quality of Pakistani goods.
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Dullness prevails on cotton market
KARACHI, Feb 22: Trading on the cotton market on Tuesday remained insipid as spinners and mills are not inclined to go beyond Rs2,250 per maund, while ginners are holding on to their unsold positions rather than lowering their asking prices.
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Bull-run continues on stock market
KARACHI, Feb 22: After having moved either-way early amid alternate bouts of buying and selling, stocks on Wednesday finally managed to finish with an extended gain followed by active short-covering at the dips.
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