World Bank proposals to make land deals fair
KARACHI, Sept 5: The World Bank wants the Sindh Excise and Taxation Department be given the responsibility of handling the land titles as a “single integrated department” for administering urban land....
ADB to increase annual assistance by 50pc
ISLAMABAD Sept 5: The Asian Development Bank (ADB) president Mr Haruhiko Kuroda on Monday said that the Asian Bank would increase its annual assistance by 50 per cent over the next three years....
1st freight express train inaugurated
LAHORE, Sept 5: Prime Minister Shaukat Aziz on Monday inaugurated the first freight express train between Lahore and Karachi. He said the government would provide all financial assistance for railways improvement and modernization....
Deal signed to end EU-China textile row
BEIJING, Sept 5: A “fair and equitable” deal was signed Monday to end a costly EU-China impasse that left millions of Chinese-made garments blocked at European ports and strained relations, top officials said....
Bidding for Javedan Cement on 14th
ISLAMABAD, Sept 5: The Privatization Commission (PC) will hold bidding for the sale of 96.34 per cent shares of Javedan Cement Limited (JCL) here on Sept 14....
Aziz asks car-makers to enhance production
LAHORE, Sept 5: Prime Minister Shaukat Aziz on Monday told car makers to rapidly enhance their car production capacities for meeting the growing demand in the country, and also look into the possibility of exporting cars, or at least, car components....
SBP allows housing loans in rural areas
KARACHI, Sept 5: Banks and development finance institutions or DFIs can offer housing loans also in rural areas under a new ruling by the State Bank of Pakistan....
Pre-Ramazan price meetings from today
KARACHI, Sept 5: As the Sept 1 price hike of diesel and petrol has yet to impact the prices of essential items, the city government has decided to start its pre-Ramazan...
KSE 100-share index crosses 7,800-point barrier
KARACHI, Sept 5: Stocks on Monday tended further higher across the board on active follow-up support aided by reports of higher payouts and bonus shares under the lead of Attock Refinery and some others....
Bosan for optimizing production of sugar
KARACHI, Sept 5: Food, Agriculture and Livestock Minister Sikandar Hayat Khan Bosan has asked the sugar industry and farmers to optimize productivity and production of sugarcane and sugar....
Phutti price fall to be checked
KARACHI, Sept 5: The Trading Corporation of Pakistan is likely to intervene to stabilize prices of phutti if they fall below the official support price of Rs975 per 40 kg, officials said....
Alternative sources of energy being explored
KARACHI, Sept 5: The government is exploring alternative sources of energy in view of unprecedented increase in petroleum products’ prices, said Mukhtar Ahmed, adviser to the prime minister on energy, here on Monday....
Papgai signs MoU with China, Sri Lanka
KARACHI, Sept 5: Pakistan Association of Printing and Graphic Arts Industry (Papgai) has signed a Memorandum of Understanding (MoU) with the Printing Association of China and Sri Lanka for enhancing mutual co-operation....
NBP female branch managers
KARACHI, Sept 5: National Bank has so far appointed 25 female branch managers and plans to induct 100 more by the end of this year, NBP President Syed Ali Raza said here on Monday....
Export goods declaration
ISLAMABAD, Sept 5: The government has decided to allow filing of export goods declaration (GD) through internet under the customs administration reform (CARE) for speedy loading of export consignments to ships....
Karachi Port operations
KARACHI, Sept 5: Eight vessels carrying chemical, steel and steel plates are expected to arrive at the outer anchorage on Tuesday, according to KPT sources. Berthing activity at the wharves was...
Posting
KARACHI, Sept 5: Abdul Bari Khan on Monday assumed the charge of the office of Chief Executive Officer of State Cement Corporation of Pakistan (SCCP) here....
Asian stocks close mixed
HONG KONG, Sept 5: Asian stocks closed narrowly mixed on Monday, with investors continuing to assess the potential fallout on oil prices and the global economy from devastating Hurricane Katrina, dealers said....
Palm oil lower
KUALA LUMPUR, Sept 5: Malaysian crude palm oil futures closed off their lows on Monday as short covering helped the market recover from a sharp fall earlier in the day caused by weak prices of US soyaoil....