Three more operators submit EoIs: Container terminal
KARACHI, Oct 23: Three more terminal operators have shown keen interest in the Pakistan Deep Water Container Port, which is being built by the Karachi Port in collaboration with private sector at an estimated cost of $1.2...
Sindh stops registering two-stroke rickshaws
KARACHI, Oct 23: The motor vehicle registration of rickshaws with two-stroke engines has been stopped and the owners of existing ones had been asked to get their vehicle converted into four-stroke...
Leading milk producer raises prices
KARACHI, Oct 23: In the absence of any check both at the federal and provincial levels, a leading producer of tetra pack liquid and powdered milk has increased the rates ahead of Eidul Fitr, while other producers may follow suit....
Oil prices fall on healthy US stocks
LONDON, Oct 23: World oil prices fell on Monday as traders discounted Opec''s recent output cut in the face of healthy crude reserves in the United States, which is the world’s biggest energy consumer....
Chinese keen on Himalaya pipeline
BEIJING, Oct 23: China is interested in Pakistan''s proposal for a trans-Himalayan pipeline to carry Middle Eastern crude to western China, a Pakistan embassy official said on Monday....
Suez-GDF marriage to get EU blessing
BRUSSELS, Oct 23: French energy group Suez is set to get EU regulators'' backing for its takeover of Gaz de France, according to a source, raising the prospect that a key obstacle to the controversial deal would be removed....
Smeda assures support to SMILE
KARACHI, Oct 23: The Small and Medium Enterprise Development Authority (Smeda) has reiterated its assurance to extend full support to Small and Medium Industrial Leasing Estates (SMILE) in making the venture of 500 acres industrial estate at Deh Gaggar successful....
Romania, India to double trade
NEW DELHI, Oct 23: India and Romania agreed on Monday to double bilateral trade to one billion dollars by 2010. "The two countries agreed to strive to achieve a bilateral trade...
Nigeria to put 60 oil blocs on sale
LAGOS, Oct 23: The Nigerian government will put some 60 crude oil blocs up for tender before the end of 2006, press reports on Monday quoted the oil minister and director of the DPR as saying....
EU warns China to open up trade or face protectionism
PARIS, Oct 23: The European Union warned China on Monday that it must redouble market reform efforts and its commitment to economic openness or face a protectionist backlash....
Refund vouchers dispatched
KARACHI, Oct 23: The Medium Taxpayer Unit (MUT) Karachi has dispatched around 4,000 refund vouchers to ensure that taxpayers get the refund amount before Eid....
Oil discovery
LONDON, Oct 23: BP announced here on Monday that it had located more oil in a deepwater oil field in offshore Angola....