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| November 08, 2006 | Wednesday | Shawwal 15, 1427 |
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Rs2.5 billion housing loans for low income class
KARACHI, Nov 7: The National Bank of Pakistan plans to offer about Rs2.5 billion loans for housing construction and housing purchase to low income group people in the next four years.... 
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Overseas Pakistanis investing in housing: 60 per cent flats booked
KARACHI, Nov 7: About 60 per cent of flats in newly announced housing projects are booked within two weeks. Expatriate Pakistanis are active in the property business in Karachi and their...
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Delay in cane crushing to affect wheat crop
ISLAMABAD, Nov 7: A crisis situation is looming large in the country as the government apparently failed to ensure timely sugarcane crushing as a result of which wheat sowing is likely to be delayed causing pressure on the national economy....
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Master plan to promote Islamic banking
KARACHI, Nov 7: A 10-year master plan has been made to promote Islamic banking globally and increase its size to make it an agent for the change so as to save...
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Stocks manage to finish higher on buying at dips
KARACHI, Nov 7: After having turned in highly volatile performance early, the KSE 100-share index on Tuesday managed to finish fractionally higher by five points but the underlying sentiment was shaky despite strong late institutional support at dips.However,...
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Brisk trading on cotton market
KARACHI, Nov 7: Brisk trading was again witnessed on the cotton market on Tuesday as ginners were not inclined to hold long unsold positions fearing fall in prices....
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Infrastructure building govt’s top priority
ISLAMABAD, Nov 7: Prime Minister Shaukat Aziz has said that the country’s economy is growing at annual rate of six to eight per cent and the government is committed to building...
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Ordinance for Trade Authority approved
ISLAMABAD, Nov 7: President Gen. Pervez Musharraf on Tuesday approved an ordinance to give legal cover to the newly-formed Trade Development Authority of Pakistan (TDAP) replacing the Export Promotion Bureau (EPB) with a claim to bring a quantum jump in exports....
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Oil prices ease
LONDON, Nov 7: World oil prices slid lower on Tuesday amid forecasts of mild weather and an increase of crude stocks in the United States....
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10th Asian securities conference from today
KARACHI, Nov 7: The Central Depository Company of Pakistan Limited (CDCPL) is to host the 10th General Meeting of the Asia Pacific Central Securities Depositories Group (ACG) from November 8 to 10, a press release issued by the company stated....
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Conversion of in-house badla likely from 15th
KARACHI, Nov 7: Conversion of in-house badla to regular Continuous Funding System (CFS) would hopefully start from November 15, 2006, stated a press release issued by the Karachi Stock Exchange on Tuesday....
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Malaysia offers joint venture
ISLAMABAD, Nov 7: Malaysian Minister of Plantation, Industries and Commodities Datuk Peter Chin Fah Kui has offered joint ventures in the field of olio chemicals to the members of Pakistan Vanaspati Manufacturers Association (PVMA)....
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Vehicles’ enrolment without ST continues
KARACHI, Nov 6: The Sindh Excise and Taxation Department is delaying for more than four months in issuing instructions to its officials to register vehicles only after the sales tax is...
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European shares firm
LONDON, Nov 7: European stocks firmed on Tuesday in cautious trade ahead of mid-term Congressional elections in the United States and after a strong overnight showing on Wall Street, dealers said....
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Palm oil lower
BANGKOK, Nov 7: Malaysian crude palm oil futures were marginally lower on Tuesday, weighed down by weak US soyaoil and an absence of positive leads....
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Asian stock markets higher
HONG KONG, Nov 7: Asian stocks rallied into the record books on Tuesday after strong gains on Wall Street were notched-up ahead of the midterm congressional elections in the United States....
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Port Qasim
KARACHI, Nov 7: Normal shipping activity was witnessed at the port where two vessels carrying containers occupied berths at the QICT during the last 24 hours, says a press release....
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Karachi Port operations
KARACHI, Nov 7: Six vessels, including two tankers carrying lube and crude oil are expected to arrive at the outer anchorage on Wednesday, according to KPT sources....
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