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| November 05, 2006 | Sunday | Shawwal 12, 1427 |
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Cellphone systems fail to meet quality: Race for new customers
ISLAMABAD, Nov 4: A race for oversubscription among the mobile phone operators beyond their service capacity has generated the issues of connectivity, poor quality of service, distortions and delayed response by helplines in Pakistan.... 
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Consumer financing pushes up banks’ NPLs ratio
KARACHI, Nov 4: The State Bank has shown concern over the rising volume of non-performing loans (NPLs) of all banks and said the consumer financing got the major share in the NPLs....
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Broker’s membership card costs Rs100m
KARACHI, Nov 4: The stock broker’s card at the Karachi Stock Exchange bears a price tag of Rs100 to Rs110 million. Three years ago when the then management auctioned a couple...
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US closes GSP reiew against Pakistan: Enforcement of IP rights
KARACHI, Nov 4: The strict enforcement of Copyrights Law prevented GSP sanctions against Pakistan by the United States. Apart from other measures the FIA’s raid on nine factories in Site area...
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Full-scale FTA signing with China this month: Irritants remain
KARACHI, Nov 4: Pakistan and China are signing a full-scale Free Trade Agreement (FTA) in last week of this month when Chinese President Hu Jintao visits Pakistan at the head of a big delegation....
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Doubts persist over Opec’s ability to implement output cut
RIYADH, Nov 4: Fundamentals are in firm control of the crude markets, earlier than some had anticipated. Supplies are abundant, the global industrial machinery appears well oiled and the extra-market forces are no more in saddle....
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Prices of 23 items register increase
ISLAMABAD, Nov 4: The Sensitive Price Index (SPI) decreased by 0.52pc during the week ending November 2, 2006 over the previous week, according to the weekly price data released by the Federal Bureau of Statistics (FBS) here on Saturday....
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Increase in power rates to hit exports
ISLAMABAD, Nov 4: The Islamabad Chamber of Commerce and Industry (ICCI) has warned the government that further rise in electricity rates would increase the cost of doing business in Pakistan....
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Brunei for strong economic ties
ISLAMABAD, Nov 4: A delegation from Brunei, headed by Energy Minister and Chairman Brunei Investment Agency (BIA) Phehin Dato Yahya, has shown its keen interest to build strong economic relations with Pakistan....
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CFS rates set to rise next week
KARACHI, Nov 4: The CFS financing on the Karachi Stock Exchange is expected to be on the higher side next week after the increase in limit to Rs55.00...
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Mills remain active on cotton market
KARACHI, Nov 4: Trading on the cotton market on Saturday was maintained on the higher side as there was no-let up in mill buying, fine lots being the main target....
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India to become auto workshop
NEW DELHI, Nov 4: India''s prime minister vowed on Saturday to make the country the automotive “workshop of the world”. All vehicle companies -- Indian and foreign -- are contributing to...
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Karachi Port operations
KARACHI, Nov 4: Seven ships carrying palm oil, containers and to load ethanol are expected to arrive at the outer anchorage on Sunday, according to KPT sources....
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Port Qasim
KARACHI, Nov 4: Two ships carrying containers and edible oil were accommodated berths at QICT and MPT during the last 24 hours, said a PQA press release on Saturday....
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Attracting investment in trucking sector
LAHORE, Nov 4: Small and Medium Enterprise Development Authority (Smeda) is presently working on the development of a strategy to woo more investment in the trucking sector under National Trade Corridor (NTC) programme....
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Malaysia help soughtfor palm oil farms
ISLAMABAD, Nov 4: Minister for Food, Agriculture and Livestock Sikandar Hayat Bosan on Saturday said that Pakistan would seek technical assistance of Malaysia to set up palm oil farms in the coastal areas of Sindh and Balochistan provinces....
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Endesa sale
MADRID, Nov 4: Spain said on Saturday that it was easing the conditions it had attached to the sale of the power company Endesa to the German energy giant E.ON....
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World oil prices slide
LONDON, Nov 4: Crude futures tumbled this week, while wool prices hit the highest level for more than two years on strong demand and tight supplies....
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US job figures boost dollar
NEW YORK, Nov 4: The dollar jumped on currency markets on Friday on news of a fall in the US unemployment rate and the upward revision of job creation figures for August and September....
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IMF expects stable oil prices
JEDDAH, Nov 4: Oil prices are likely to remain near current levels over the next couple of years barring unexpected shocks, International Monetary Fund head Rodrigo Rato said on Saturday....
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