|
| June 02, 2006 | Friday | Jumadi-ul-Awwal 5, 1427 |
|
Pakistan, India plan joint price bargain: Import of commodities
KARACHI, June 1: Traders in Karachi and Mumbai are exploring joint venture import arrangements from the international market for those commodities which are in short supply but in pressing demand in Pakistan and India.... 
|
|
Essentials’ prices show stability
KARACHI, June 1: Except for phenomenal increase in poultry rates, the prices of essentials especially of pulses have either remained unchanged or declined during the last one month owing to improved supply in the markets....
|
|
Sugar millers for re-enactment of Gur Act
ISLAMABAD, June 1: Sugar millers have asked the government for re-enforcement of Gur Control Act 1948 — a colonial law for harassing poor sugarcane farmers — besides levy of 15pc general...
|
|
Policy ready to attract new auto makers
ISLAMABAD, June 1: The ministry of industry, production and special initiatives has finalised procedures and modalities for attracting new investment in cars manufacturing besides local assembling of purpose-built taxi cabs....
|
|
|
||
|
Stocks recover 383 points after PM’s assurance on CVT
KARACHI, June 1: Stocks on Friday staged a smart recovery on active short-covering in leading oil, bank and cement shares aided by reports that capital gains tax exemption will continue up to June 30, 2007....
|
|
Cotton prices rise on active buying
KARACHI, June 1: Cotton prices on Thursday rose further as spinners and mills resumed fresh covering purchases fearing a pressure on supplies before the arrival of new crop from the lower Sindh ginneries....
|
|
||
|
GE to invest in energy sector
RAWALPINDI, June 1: President General Pervez Musharraf on Thursday said the government was committed to facilitate all investors and would ensure provision of every possible assistance and incentives to them....
|
|
Customs duty on trucks may be reduced
ISLAMABAD, June 1: The government has decided to reduce customs duty on prime movers for multi-axle trucks to enhance operational efficiency of the trucking fleet in the country....
|
|
|
||
|
Oil prices climb on US data
LONDON, June 1: World oil prices rose slightly on Thursday, reversing earlier losses, after data revealed a smaller-than-expected increase in US motor fuel stocks and as tensions resurfaced over major crude producer Iran, dealers said....
|
|
Dubai firm in talks on managing Gwadar port
ISLAMABAD, June 1: Pakistan and UAE’s Dubai Ports World are discussing the possibility of the company taking over operational management of Gwadar Port, a port official said on Thursday....
|
|
|
||
|
Indonesia may cut import duty on kinoo
ISLAMABAD, June 1: Indonesia is likely to reduce customs duty on import of kinoo from Pakistan, says Commerce Minister Humayun Akhtar Khan....
|
|
ME emerging as a major FDI source
ISLAMABAD, June 1: Middle East is emerging as a major source of foreign investment in Pakistan, owing to lot of economic potential, geographical proximity and a large number of Pakistani community in the region....
|
|
|
||
|
Shell keen to set up LNG terminal
KARACHI, June 1: Shell has shown keen interest in setting up LNG terminal at Port Qasim. A three-member Shell team during a visit on Thursday has a detailed discussion with Port...
|
|
Currency booths for Hajis
KARACHI, June 1: In order to facilitate Hajis, the State Bank on Thursday decided to establish currency exchange booths and asked exchange companies to get NOC for setting up of these booths....
|
|
|
||
|
W. Africa crude trade slow
LONDON, June 1: West African crude trading remained slow on Thursday and sentiment for light sweet crude weak due to ample supply....
|
|
Palm oil ends down
KUALA LUMPUR, June 1: Malaysian crude palm oil futures fell on Thursday, weighed down by softer US soyaoil, as dealers said lingering concerns of weak exports for May could keep pressuring the market....
|
|
|
||
|
London sugar falls
LONDON, June 1: London sugar futures fell on Thursday on trade and fund selling and possibly on hedge selling against an EU sugar export tender, and traders said they expected New York raw sugar futures to open lower....
|
|
European stock markets lower
LONDON, June 1: European stocks sagged on Thursday after staging a rebound the previous day, as German utilities suffered on broker downgrades and British miners took a hit from falling metal prices....
|
|
|
||
|
Port Qasim
KARACHI, June 1: Four ships carrying containers, sugar and yellow peas arrived at the outer anchorage during the last 24 hours, said a PQA press release on Thursday....
|
|
Karachi Port operations
KARACHI, June 1: Three ships carrying steel coils, containers and crude oil are expected to arrive at the outer anchorage on Friday, according to KPT sources....
|
|
|
||
