Humayun eyes $20bn exports in 2005-06
ISLAMABAD, July 22: Commerce Minister Humayun Akhtar on Friday expressed the hope that the measures announced in the trade policy would help export reach $20 billion in 2005-06....
Commodities import not timely: Ishrat
KARACHI, July 22: The State Bank Governor, Dr Ishrat Hussain is of the view that government’s decision to import commodities “is not timely”. He was asked to comment on government’s strategy...
Businessmen offer mixed reaction; Trade policy
KARACHI, July 22: Business leaders offered mixed reaction to the Trade Policy 2005-06 announced by Commerce Minister Humayun Akhtar Khan on Thursday. There was a feeling amongst stakeholders...
KSE index falls by 57 points on renewed selling
KARACHI, July 22: Stocks on Friday remained under pressure on renewed selling but larger fall was averted thanks to revival of demand at the dips on some of the blue chip counters....
Cotton market lacks lustre
KARACHI, July 22: The cotton market passed through another dull session but some of spinners lifted stray lots of inferior quality from central Sindh ginners for blending purposes to produce lower counts of cotton yarn for the local consumers....
Malaysia too ends dollar peg
SINGAPORE, July 22: Asia embraced a new financial landscape on Friday after China finally abandoned its decade-old peg to the dollar, with regional governments and analysts widely applauding Beijing for the move....
SSGC privatization
KARACHI, July 22: The privatization process of Sui Southern Gas Company began here on Friday, as representatives of the Privatization Commission, the ministry of petroleum and natural resources and financial advisers...
Exhausting period may be extended: Tax-paid stocks
KARACHI, July 22: Member Sales Tax Central Board of Revenue Shahid Ahmed on Friday said that the government may give extension for exhausting tax-paid stocks by five sectors that had been put under zero-rated sales tax regime in the budget....
Parke-Davis accepts buyback price
KARACHI, July 22: Parke-Davis & Company Limited conveyed its acceptance of buy-back price of Rs1,455 per share, to the stock exchange on Friday....
Corporate scorecard
ISLAMABAD, July 22: The Securities and Exchange Commission of Pakistan (SECP) has developed a corporate scorecard to assist local and international institutional investors in evaluating the performance...
Date show
KARACHI, July 22: The Export Promotion Bureau (EPB) will organize a three-day date exhibition in Dera Ismail Khan from August 26....
Karachi Port operations
KARACHI, July 22: Seven ships carrying RBD palm olein, chemicals and general cargo are due to arrive at the outer anchorage on Saturday, according to KPT sources...