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| June 04, 2006 | Sunday | Jumadi-ul-Awwal 7, 1427 |
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Shopping centres closure after sunset to hit business
KARACHI, June 3: From June 15, all shopping centres of Karachi will be closed down after sunset for next three months to save on electricity. For many Karachiites it will be... 
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No let-up in property rates despite CVT rumours
KARACHI, June 3: Rumours about levying of capital value tax (CVT) and some other taxes on property transactions in 2006-07 budget have led to a mild stir in the property market...
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Regulators stood clear during stocks fall
KARACHI, June 3: The Securities and Exchange Commission of Pakistan (the apex regulator) and the Karachi Stock Exchange (the frontline regulator) stood clear, as the stocks fell by nearly 20 per...
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People lack interest in budget
KARACHI, June 3: Most of those who earn much less than what they need believe that the budget has already come. Their concept of budget is very simple: they have lost faith in the government....
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Energy no more driving force of global economy
RIYADH, June 3: Global economic growth and the consumption of energy are no more interlinked. Although it may sound outrageous in the first go, the two appear to have been decoupled....
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GST collection from sugar, fertilisers down
ISLAMABAD, June 3: The collection of general sales tax (GST) on three commodities — sugar, cigarettes and fertilisers (urea) declined by nine per cent to Rs11.092bn...
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Import of unexplained items rises to $8.73bn
KARACHI, June 3: The mysterious column of ‘others’ in the import list has grown so big that the amount mentioned in it becomes equal to trade deficit of the country....
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Karachi Customs collects Rs126.59bn
KARACHI, June 3: The Customs Collectorate (Appraisement), Karachi achieved 14.23pc growth in revenue collection at Rs126.592bn during the July-May period of the current fiscal compared to Rs110.820bn...
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Algeria’s reserves
ALGIERS, June 3: Algeria’s foreign currency reserves reached a record $64 billion at the end of April this year, the country’s finance minister Mourad Medelci told the state news agency APS on Saturday....
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Listless trading on cotton market
KARACHI, June 3: Trading on the cotton market on Saturday remained cheerless as ginners further raised their asking prices for the fine lots but spinners were not inclined to make fresh commitments....
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WT on cash withdrawals yields Rs1.7bn
ISLAMABAD, June 3: The withholding tax (WT) collections on cash withdrawals from banks have reached Rs1.736 billion during the first nine months of the current fiscal year....
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LTU Karachi sees Rs42bn collection
KARACHI, June 3: The Large Taxpayers Unit (LTU) Karachi expects to collect Rs42 billion by the end of current fiscal on June 30, 2006, which will be 20 per cent higher than the collection of last fiscal year....
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Commodities prices lower
LONDON, June 3: Commodities prices mainly headed lower this week, led by metals, which are pausing for breath after recently striking record and multi-year high points....
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Karachi Port operations
KARACHI, June 3: Seven ships carrying steel coils, containers and to load ethanol are due to arrive at the outer anchorage on Sunday, according to KPT sources....
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