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| July 30, 2006 | Sunday | Rajab 3, 1427 |
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Industrial parks to generate employment: PM opens KCIP project
KARACHI, July 29: Prime Minister Shaukat Aziz has said that the federal government is in the process of finding appropriate patches of lands all over the country to set up a... 
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Sugar companies post sweet results
KARACHI, July 29: Sugar companies are generally coming up with sweet results this reporting season. Ten companies are expected to announce three-quarter (October-June 2005-06) numbers next week....
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CBR to seek tax bars’ proposals for amendment: ST e-intermediaries
KARACHI, July 29: The Central Board of Revenue will seek proposals from tax bars with regard to incorporating suitable amendment to rules and regulation governing e-intermediaries, as the current section 52A(5)...
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Seven apply for setting up sugar mills in Sindh
KARACHI, July 29: The Sindh ministry of industries has received about seven applications for setting up new sugar mills in the province. Five of them are from districts Ghotki and Naushahro Feroze....
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Opec unable to influence crude markets any further
RIYADH, July 29: Opec is unable to control and influence the global crude markets any further, the International Energy Agency (IEA), the OECD energy watchdog and Opec now concur....
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Banks, DFIs require SBP approval for shares purchase
KARACHI, July 29: Banks and development finance institutions (DFIs) have been asked to get prior approval from the State Bank while purchasing shares of a company and a new limit has been set for this purpose....
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High-level meeting next week: Sugar price hike
ISLAMABAD, July 29: Prime Minister Shaukat Aziz will chair a high-level meeting early next week to identify the factors hindering the desired decrease in sugar price at the retail level despite...
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Farm policy aims at increasing production
ISLAMABAD, July 29: The government has evolved an agriculture strategy attaching priority on solution of water shortage by construction of small dams and introducing drip and sprinkler irrigation system....
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Amendments to TDAP draft law proposed
ISLAMABAD, July 29: The Ministry of Law has proposed amendments in the draft ordinance for the establishment of the Trade Development Authority of Pakistan (TDAP), which will replace the EPB....
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Financing under CFS remains at upper limit
KARACHI, July 29: The open interest on the forward market last week was on the lower side of the weekly average totalling Rs6.5 billion owing to the absence of leading players....
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Lint prices inch up amid slow arrivals
KARACHI, July 29: New crop lint prices on Saturday showed fresh modest increase followed by reports of slowdown in arrivals of phutti into the lower Sindh ginneries owing to rain....
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Liberal imports to hit auto industry
LAHORE, July 29: The government decision to allow new entrants in the automobile industry to import 100 per cent CKD (completely knocked down) at 35 per cent customs duty for three...
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Malaysian stocks
KUALA LUMPUR, July 29: Malaysian share prices are expected to trade cautiously in the week ahead amid ongoing uncertainties over high oil prices, Middle East tensions and economic growth concerns, dealers said....
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Varig to cut 50pc jobs
RIO, JANEIRO, July 29: Brazilian airline Varig has announced it is cutting its workforce in Brazil by more than 50 per cent. The company said it would slash 5,500 of its...
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Calculation of ST on steel items
ISLAMABAD, July 29: The Central Board of Revenue (CBR) has issued instructions for the calculation of sales tax on various steel products....
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Karachi Port operations
KARACHI, July 29: Three ships carrying sugar, phosphate and containers whose arrivals were delayed are due to arrive at the outer anchorage on Sunday, according to KPT sources....
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