|
| August 04, 2006 | Friday | Rajab 8, 1427 |
|
Action plan to cut cost of business finalised
ISLAMABAD, Aug 3: The ministry of industries and production has finalised an `action plan’ for reducing the cost of doing business in Pakistan.... 
|
|
Industry loses billions due to power failures
KARACHI, Aug 3: Industrial activities in Karachi remained paralysed for the fifth consecutive day on Thursday, as the power supply to five major industrial areas remained cut off or was irregular that hampered the normal production activity....
|
|
Tankers strike creates shortage of ghee, oil
KARACHI, Aug 3: Ghee manufacturers are facing acute shortage of edible oil due to ongoing strike called by representative bodies of oil tankers belonging to owners and contractors, which entered the fourth day on Thursday, industry sources told Dawn....
|
|
Stocks post 109 points rise on higher dividend
KARACHI, Aug 3: Stocks on Thursday rose across-the-board on active buying on selected counters under the lead of bank shares aided by market talk of higher dividends....
|
|
|
||
|
Lint prices ease on slow trading
KARACHI, Aug 3: Trading on the cotton market on Thursday remained slow as spinners and mills kept to the sidelines because of delivery problems in the backdrop of an extended monsoon rain spell....
|
|
India not to move WTO panel on MFN status issue
ISLAMABAD, Aug 3: Indian High Commissioner to Pakistan Shivshankar Menon said on Thursday his government will not challenge Pakistan in WTO for not granting MFN status but the issue would be taken up in the upcoming Safta Ministerial Council meeting....
|
|
||
|
PSO profit up 32pc to Rs7.52bn in FY06
KARACHI, Aug 3: Pakistan State Oil Limited — the biggest oil marketing company in the country — announced better than analysts’ expected results for the year ended June 30, 2006 on Thursday, posting an after tax profit at Rs7.52...
|
|
ECB, Bank of England raise rates
FRANKFURT, Aug 3: Eurozone interest rates are likely to rise further, even after the quarter-point increase by the European Central Bank (ECB) on Thursday, but there is no pre-set timetable, ECB President Jean-Claude Trichet said.Despite...
|
|
|
||
|
Oil prices slip
LONDON, Aug 3: World oil prices turned weaker on Thursday as trader concerns eased over a tropical storm in the US Gulf Coast where many American oil rigs and platforms are based, dealers said....
|
|
Allocation of gas sought
KARACHI: Aug 3: Engro Fertiliser Company has submitted SoQ (Statement of Qualification) for the allocation of 100mmcfd gas which the company plans to use for setting up a new fertiliser plant...
|
|
|
||
|
State Bank raises Rs15bn
KARACHI, Aug 3: The State Bank on Thursday raised Rs15 billion by selling T-bills through open market operation (OMO)....
|
|
Indian firms eye $40bn business in engineering
BANGALORE, Aug 3: India''s premier software body said on Thursday outsourcing of engineering services by global firms presented the country with a $40-billion opportunity....
|
|
|
||
|
PC shipments grow 19pc
ISLAMABAD, Aug 3: Springboard Research, a leading innovator in the IT market research industry, on Thursday announced that Pakistan PC/Server shipments grew 19.1 per cent in Q1 2006 to 128,729 compared to the same quarter of previous year....
|
|
US jobless claims rise
WASHINGTON, Aug 3: The number of Americans filing first-time claims for unemployment benefits rose by a higher-than-expected 14,000 to 315,000 in the latest week, the Labour Department said on Thursday....
|
|
|
||
|
Poultry rates
KARACHI, Aug 3: Following are the maximum retail rates for Friday....
|
|
Palm oil lower
KUALA LUMPUR, Aug 3: Malaysian crude palm oil futures ended marginally lower on Thursday because of profit-taking, traders said....
|
|
|
||
|
Port Qasim
KARACHI, Aug 3: Three ships carrying containers and diesel oil were berthed at QICT and Fotco Terminal during the last 24 hours, said a PQA press release on Thursday....
|
|
Karachi Port operations
KARACHI, Aug 3: Three ships including Weston carrying 30,000 tons of sugar are expected to arrive at the outer anchorage on Friday, according to KPT sources....
|
|
|
||
