Subzi Mandi suffers Rs70m loss in trading: Protest over Bajaur
KARACHI, Nov 3: An estimated daily trading of Rs60-70 million from the arrival of trucks loaded with fruits and vegetables in the Subzi Mandi Super Highway remained completely suspended on Friday owing to total shutter down to protest the Bajaur killing....
SECP set to present probe report before NA body: Stock market crash
ISLAMABAD, Nov 3: The Securities and Exchange Commission of Pakistan (SECP) is ready to present the much-awaited interim report of the forensic investigations into the March 2005 crash of Karachi Stock Exchange (KSE) before the National Assembly standing committee on finance....
Management switchover at KESC brings no light
KARACHI, Nov 3: The Karachi Electric Supply Corporation (KESC) posted after tax losses in the staggering sum of Rs11 billion for the 15 months (July 2005 to Sept 2006)....
4 operators asked to submit bids by Dec 4: Gwadar Port
KARACHI, Nov 3: The government has asked the four pre-qualified port operators to submit their bids by December 4 so that the handing over of Gwadar Port operations is finalised by...
German diplomat vows to raise trade to $2bn
KARACHI, Nov 3: Consul General of Federal Republic of Germany Hans-Joachim Kiderlen has expressed confidence that his country’s business and economic relations would attain a new peak and the two-way annual trade volume will touch the $2 billion mark....
Oil prices rebound
LONDON, Nov 3: World oil prices jumped on Friday, as the US government warned over possible attacks to oil facilities in Nigeria, which is Africa''s biggest producer of crude....
Plan to attract investments in export zones
ISLAMABAD, Nov 3: The government has asked the ministry of industries, production and special initiatives to formulate a long-term plan for attracting local and foreign investment in the country''s export processing zones (EPZs)....
302 more items notified: Trade with India
ISLAMABAD, Nov 3: Pakistan on Friday notified 302 more items for trading with India, which will enhance the total number of items in positive list to 1,075 items....
Recovery drive sets in on KSE after SECP decision
KARACHI, Nov 3: Stocks on Friday responded bullishly to reports of putting off the introduction of the new risk management system up to Dec 4, and an increase in CFS to...
Gas price
MONACO, Nov 3: Georgian President Mikhail Saakashvili said on Friday that a doubling of the price of gas imports from Russia would not be “a catastrophe” for his country, adding that “alternative sources” of energy existed....
Lint prices stay firm on active demand
KARACHI, Nov 3: Cotton market on Friday maintained a firm outlook as spinners continued to build-up long positions at the current levels....
Traditional products exports drop by 30pc
ISLAMABAD, Nov 3: Pakistan’s exports of traditional products — carpets, sports, surgical, engineering, and footwear have recorded more than 30 per cent decline during the first quarter (July-September) of the fiscal year 2006-07 over the same period last year....
Italian support sought for FTA
ISLAMABAD, Nov 3: A Seven-member delegation from Italy headed by Under Secretary of State Gianni Vemetti called on Federal Minister for Commerce Humayun Akhtar Khan on Friday....
Fishing
ROME, Nov 3: Governments and the UN food agency cast serious doubts on Friday on a major scientific study which says that all marine fish and seafood species face collapse by 2048....
Asian stocks close higher
HONG KONG, Nov 3: Asian stocks shrugged off a weak performance by Wall Street and closed mostly higher on Friday with investors focussing on domestic issues as opposed to the state of the US economy....
Palm oil lower
BANGKOK, Nov 3: Malaysian crude palm oil futures fell on Friday because of profit-taking, dealers said....
Port Qasim
KARACHI, Nov 3: Two container ships were accommodated berths at QICT during last 24 hours.Berth occupancy stood at 70 as seven ships, London Senator, Sima Pars, Islamabad, Chemroad Rose, Alexandra-I, Trust...
Karachi Port operations
KARACHI, Nov 3: Six vessels including a passenger ship, Dream, are expected to arrive at the outer anchorage on Saturday, according to KPT sources....