Trade pact signed with Malaysia
KUALA LUMPUR, Oct 1: Pakistan and Malaysia on Saturday signed “Early Harvest Programme” for free trade between the two countries. The agreement was signed by Privatization and Investment Minister Dr Abdul...
Karachi to get extra supply: Hubco-KESC link-up
KARACHI, Oct 1: Karachi may get some relief in power supply in the spring, but soon after that will relapse into a greater crisis as massive construction projects are coming up...
Kabuli channa, poultry, tomato, egg prices up
KARACHI, Oct 1: Kitchen items witnessed a mixed trend as prices of poultry, tomato, ginger, egg and kabuli channa increased, while rates of onion, potato, sugar, garlic and arhar pulse fell during September....
Bolan Mills assets sold for Rs128m
ISLAMABAD, Oct 1: The re-bidding for the sale of assets of Bolan Textile Mills Machinery on Saturday fetched the highest offer of Rs128 million, which is still Rs13.7...
Pakistan, India need to revise protocol: Boosting sea trade
KARACHI, Oct 1: The Karachi Port has suggested to the government to revise shipping protocol with India so that vessels of both the countries could freely call at each other’s ports to ensure cost-effective trade relations....
PTCL may declare dividend this month
KARACHI, Oct 1: The government might decide to pay dividend out of the profit of Rs26.60 earned by the Pakistan Telecommunication Limited (PTCL) for the year ended June 30, 2005 to small shareholders, knowledgeable sources told Dawn on Saturday....
CFS rates register slight increase
KARACHI, Oct 1: The average weighted rates under the Continuous Funding System (CFS) on the Karachi Stock Exchange last week showed a modest rise to 16.00...
Meeting to review impact on bedlinen: EU decision
ISLAMABAD, Oct 1: The commerce ministry has convened a meeting of all relevant stakeholders to review the impact on Pakistan’s bedlinen exports to the European Union after its decision to cut the average anti-dumping duty from 13.1...
Global crude market still in chaos
RIYADH, Oct 1: Enough crude is currently available in the markets and there are not many takers for additional supplies yet the turmoil in the global crude market continues — almost unabated....
Japan, China agree to hold more talks on gas row
TOKYO, Oct 1: Japan and China failed to resolve a row over gas exploration in the East China Sea in talks that ended on Saturday, but agreed to more dialogue this...
Oil prices stabilize, metals higher
LONDON, Oct 1: Oil prices steadied, as US Gulf Coast refinery production remained paralysed by hurricanes Rita and Katrina, but supply fears were countered by concerns over the strength of global demand....
Canadian dollar hits 14-year high
TORONTO, Oct 1: The Canadian dollar soared to a 14-year high against the greenback on Friday and also hit new peaks against several other major currencies as momentum players bet on...
Prices stay firm on cotton market
KARACHI, Oct 1: Cotton market finished the weekend session on a steady note as mill demand remained fairly active at the prevailing prices and spinners were not inclined to take even a technical breather....
Karachi Port operations
KARACHI, Oct 1: Five ships carrying DAP fertilizer, chemicals and base oil are expected to arrive at the outer anchorage on Sunday, according to KPT sources....
No sales tax registration required: Vehicles transfer
ISLAMABAD, Oct 1: The Central Board of Revenue (CBR) has clarified that no sales tax registration will be required in cases where vehicle registrations are directly transferred from one person to another by the motor registration authorities....
Surgical goods export
SIALKOT, Oct 1: The export of surgical instruments fetched $173 million during the year 2004-05 compared to $133 million the previous year, showing an increase of 30 per cent....
Growers for cut in urea prices
SIALKOT, Oct 1: The dealers and stockists of urea fertilizers are accused of selling the commodity at Rs545 per bag instead of the official price of Rs423 in the Sialkot and Narowal districts....
Over 1m file tax returns
ISLAMABAD, Oct 1: As many as 1,106,348 taxpayers filed income tax returns up to Sept 30 with the income tax department across the country, as against 968,051 returns filed during the...
Refineries
KARACHI, Oct 1: Romanian private sector companies have shown keen interest in setting up refineries in Gwadar, besides looking for other opportunities to initiate joint ventures, Ionel Mantog, leader of the 14-member Romanian state delegation said here on Saturday.—APP...
NY sugar ends up
NEW YORK, Oct 1: Raw sugar prices banked on a steady barrage of trade and speculative fund buying to finish higher Friday, as players turned their attention to the expiring October contract, analysts said....