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| September 22, 2006 | Friday | Sha'aban 28, 1427 |
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Pakistan, US agree to move forward on BIT, ROZs
ISLAMABAD, Sept 21: Pakistan and the United States have agreed to move forward for early finalisation of reconstruction opportunity zones (ROZs) and Bilateral Investment Treaty (BIT).... 
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Food prices rise up to 130pc in Aug: SBP
KARACHI, Sept 21: Price movements of individual items included in the CPI food group showed that 46 commodities exhibited inflation in the range of 10 to 130 per cent in August 2006....
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Development of weaving industry urged
ISLAMABAD, Sept 21: Federal Textile Minister Mushtaq Ali Cheema on Thursday urged the spinning sector to establish weaving industry for value addition in their products for which government would encourage them in finance arrangement....
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Pakistan ranks 95th among: Economic freedom 127 nations
ISLAMABAD, Sept 21: Pakistan ranks 95th among 127 countries in terms of economic freedom, mainly due to an ineffective implementation of legal system, security of Property Rights and access to sound money....
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US offers subsidy cuts to kick-start WTO talks
CANBERRA, Sept 21: The United States said on Thursday it could offer bigger cuts in farm subsidies to try to kick-start stalled world trade talks, but wanted the EU to match it by increasing its offer on tariff cuts....
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Aptma facing threat of split: Spinners propose new body
LAHORE, Sept 21: The powerful All Pakistan Textile Mills Association (Aptma) is once again facing the threat of a possible split, as smaller spinners from across the country are said to...
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MOL confirms eyeing PPL
THE HAGUE, Sept 21: Hungarian oil and gas firm MOL confirmed on Thursday it was among several pre-qualified candidates to bid for a 51 per cent stake in state-run Pakistan Petroleum Ltd (PPL)....
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Oil prices rebound
LONDON, Sept 21: World oil prices clawed back some ground on Thursday after New York crude had tumbled to a six-month low under $60 per barrel on news of surging US stockpiles of heating fuel, dealers said....
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Exhibition of Saudi products soon
ISLAMABAD, Sept 21: An exhibition of Saudi products will soon be organised in Islamabad and a delegation from Saudi Arabia will shortly be visiting Pakistan to give final touches to the plan....
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Stocks extend overnight rally
KARACHI, Sept 21: Stocks on Thursday maintained their upward drive for second session in a row on active follow-up support aided by one-month’s extension in the in-house badla and conditional permission to resume short-selling in forward November settlements....
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Banks’ Ramazan timings
KARACHI, Sept 21: The State Bank on Thursday announced banks’ office and business hours during the month of Ramazan....
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Procedure for farm loans simplified
NAUSHAHRO FEROZE, Sept 21: The Procedure for sanctioning agriculture loans has been simplified and the number of documents has been reduced to three--namely the application, the form IB-7 and the passbook....
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Brisk trading on cotton market
KARACHI, Sept 21: Brisk trading activity was witnessed on the cotton market on Thursday as sellers and buyers’ price ideas seem to have found a meeting ground for the third session in a row....
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Trade bodies elect heads, members
KARACHI, Sept 21: The following have been elected as heads and office-bearers of various trade bodies for the year 2006-07: Sh Saqib Saeed Masood has been unanimously elected chairman and Usman...
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Consumer prices
MEXICO CITY, Sept 21: Mexican consumer prices climbed sharply in the first half of September and the central bank will hold interest rates steady at its monthly policy meeting on Friday, a Reuters poll showed....
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LNG fleet
DOHA, Sept 21: A Qatari company said on Thursday it has contracted to lease 10 South Korean-built liquefied natural gas (LNG) carriers, taking its fleet of the huge vessels to 16....
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Asian stocks gain
HONG KONG, Sept 21: Asian stocks closed higher on Thursday, supported by a United States Federal Reserve decision to leave its benchmark interest rate unchanged at 5.25 per cent....
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European shares higher
LONDON, Sept 21: European stock markets climbed on Thursday as investors drew comfort from falling crude oil prices, and after an overnight bounce on Wall Street, dealers said....
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Port Qasim
KARACHI, Sept 21: Four ships carrying containers, rapeseeds and chemicals were accommodated berths at QICT, MPT and EVT during the last 24 hours, said a PQA press release on Thursday....
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Palm oil up
KUALA LUMPUR, Sept 21: Malaysian crude palm oil futures closed higher on Thursday, boosted by fresh buying interest at lower levels, dealers said....
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