|
| October 07, 2006 | Saturday | Ramazan 13, 1427 |
|
Banking spread rises to 7.5pc
KARACHI, Oct 6: The banking spread further increased in August while the eight-month average spread was 25 per cent higher than the average of the corresponding period last year.... 
|
|
Mexico to lift ban on rice imports
ISLAMABAD, Oct 6: The Mexican government has agreed to lift ban on import of all kinds of rice from Pakistan imposed around six years back, officials told Dawn....
|
|
IDBP suffers Rs26.95bn losses as crisis looms
KARACHI, Oct 6: Industrial Development Bank of Pakistan (IDBP) -- a pioneer in industrial financing and bank of well repute in the decades of sixties and seventies -- has now accumulated a loss of Rs26.95...
|
|
Oil prices slip below $60
LONDON, Oct 6: World oil prices dropped back below $60 per barrel on Friday with some analysts believing that the Opec cartel was unlikely to hold an emergency meeting to consider production cuts....
|
|
|
||
|
Housing offers good return on investment
ISLAMABAD, Oct 6: Pakistan offers excellent investment opportunities in housing construction and real estate development sectors in the wake of expanding middle class with growing purchasing power....
|
|
PTA directs PTCL to cut bandwidth tariffs
KARACHI, Oct 6: The Pakistan Telecommunication Authority (PTA) has announced substantial reduction in different categories of PTCL bandwidth tariffs which would have positive impact on broadband proliferation, IT enabled services and telecommunication market....
|
|
||
|
Intra-OIC open visa scheme by year-end
JEDDAH, Oct 6: The Organisation of Islamic Conference member states intends to introduce open business visa policy by the end of the year for established business people, President of the Islamic...
|
|
Japanese firm offers soft loans for PQA projects
KARACHI, Oct 6: Japanese firm Itochu Corporation is keen to participate in various projects of Port Qasim, which is the second largest port of Pakistan. This was revealed by a delegation...
|
|
|
||
|
SPI registers fall
ISLAMABAD, Oct 6: The Sensitive Price Indicator (SPI) for the week ended on October 5, 2006 for lowest income group up to Rs3,000 has registered 0.09...
|
|
Dubai firm takes stake in Standard Chartered
DUBAI, Oct 6: Dubai state investment firm Istithmar said on Friday it is taking a 2.7 per cent stake in Standard Chartered Bank for $1 billion....
|
|
|
||
|
Stocks close weekend session with 71-point gains
KARACHI, Oct 6: The share market closed the weekend session on a bullish note, but the underlying sentiment remained highly shaky in the backdrop of negative news from Islamabad, notably rocket incident....
|
|
US budget deficit shrinks
WASHINGTON, Oct 6: The US federal budget deficit fell to $250 billion in the fiscal year concluded September 30, the Congressional Budget Office estimated on Friday....
|
|
|
||
|
Cotton prices ease on active mill buying
KARACHI, Oct 6: Cotton prices on Friday eased further lower on active selling by ginners and spinners lifted all the lots offered below Rs2,500 per maund....
|
|
Karachi Port operations
KARACHI, Oct 6: Eight vessels carrying containers, steel and steel pipes are expected to arrive at the outer anchorage on Saturday, according to KPT sources....
|
|
|
||
|
Carpet show in Bucharest
KARACHI, Oct 6: An exhibition of Pakistani carpets and leather products held in Bucharest recently created interest among importers in these products....
|
|
Port Qasim
KARACHI, Oct 6: Shipping movement remained active at the port where two ships carrying containers took berths at Qasim International Container Terminal during the last 24 hours, said a PQA press release here on Friday....
|
|
|
||
|
Setting up of TDAP through parliament act urged
ISLAMABAD, Oct 6: The National Assembly Standing Committee on Commerce (NASCC) has asked the government to establish the newly-proposed Trade Development Authority of Pakistan (TDAP) through an act of parliament....
|
|
EU proposes fund for renewable energy
BRUSSELS, Oct 6: The European Commission on Friday proposed creating a 100-million-euro global risk capital fund to boost private investment in renewable energy in poorer nations....
|
|
|
||
|
Asian stocks close little changed
HONG KONG, Oct 6: Asian stocks closed little changed on Friday with investors taking to the sidelines and consolidating on recent sharp gains as a range of further holidays get underway around the region....
|
|
European stocks stable
LONDON, Oct 6: European equity markets steadied on Friday as the aerospace sector drew investors'' attention, following another overnight record for Wall Street''s Dow Jones index, dealers said....
|
|
|
||
