Low Graphics Site

December 10, 2006 Sunday Ziqa'ad 18, 1427 Treachery, greed led to Callmate suspension KARACHI, Dec 9: Greed, treachery, conspiracy and lethargy can be traced in the events that led to the suspension of trading in the stock of Callmate Telips Telecom Limited (CTTL) -- the long distance and international (LDI) private operator in Pakistan.... Operators for Gwadar Port selected KARACHI, Dec 9: The Port of Singapore Authority International (PSAI), with the consortium of AKD Securities, has been selected by the Gwadar Port Implementation Authority (GPIA) for holding negotiations with them as port operators for the Gwadar port.... Milk, beef still being sold at higher rates: Price checking yet to begin KARACHI, Dec 9: The officials who enjoy magisterial powers for a year to monitor prices in the market are yet to exercise their power to check profiteers.... Govt not taking dictates from IMF: official KARACHI, Dec 9: The government is not taking any dictates from the International Monetary Fund (IMF), and the rupee exchange rate parity is determined by the market forces.... Textile bail-out package soon FAISALABAD, Dec 9: The government will announce the bail out package for textile sector soon as measures are being finalized.... Credit to SMEs shows upward trend KARACHI, Dec 9: Nawid Ahsan, secretary-general, Ministry of Finance, said on Saturday that the government is dedicatedly working on five to six basic areas relating to development of the Small and... Exchange rate to remain firm in inter-bank market KARACHI, Dec 9: The State Bank computations indicate that there is no fundamental misalignment of the real effective exchange rate of the rupee and, therefore, consistent with recent trends, the exchange... 1,000 tariff lines to be amended ISLAMABAD, Dec 9: Pakistan will introduce amendments in more than 1,000 tariff lines in customs tariffs as part of compliance with new harmonized commodity description and coding system to be effective from January 1, 2007.... Sindh govt to regulate rent-a-car business KARACHI, Dec 9: The Sindh government is all set to regulate the rent-a-car business by introducing a licensing system. A summary to this effect has been sent to Transport Minister Adil... Dollar gains eight paisa over rupee KARACHI, Dec 9: The US dollar appreciated against the Pak rupee on Saturday after the IMF report that the rupee was over valued.... Kinno output drops ISLAMABAD, Dec 9: Pakistan is working on a strategy to divert export of mangoes and citrus to India following high demand in the Indian market for the superior quality of the two fruits.... IMF clarifies ISLAMABAD, Dec 9: The International Monetary Fund (IMF)’s Pakistan office has stated that the Fund’s Staff Report for the 2006 Article Consultation recently placed on the its website only observes that... Subdued trading on cotton market KARACHI, Dec 9: Trading activity on the cotton market on Saturday was on the lower side of the daily average as spinners significantly curtailed the intake apparently to keep prices within the current levels.... CBR reforms plan misses RTO target ISLAMABAD, Dec 9: The Central Board of Revenue (CBR) is likely to miss the end-December deadline for converting medium taxpayers units (MTUs) into regional tax offices (RTOs), which allows collection of income tax and sales tax under the same roof.... Opec’s daily output to rise by 2m barrels RIYADH Dec 9: The decades old policy of thinning the ranks of Opec has gone sour. Three countries, Angola, Sudan and Ecuador are knocking at the oil cartel’s doors in Vienna... Karachi Port operations KARACHI, Dec 9: Five vessels carrying containers and crude oil are due to arrive at the outer anchorage on Sunday, according to KPT sources.... Economic union RIYADH, Dec 9: Saudi Arabia called on Gulf Arab leaders meeting in Riyadh on Saturday to set aside their differences to make economic union a reality in the energy-rich region.... Poultry rates KARACHI, Dec 9: The following are Sunday’s poultry market rates:... ADB loan MANILA, Dec 9: The Asian Development Bank (ADB) said Saturday it is lending 450 million dollars to the Philippines to stabilize the country''s electricity supply situation.... Chinese banks BEIJING, Dec 9: Competition for Chinese banks is set to intensify next week as regulators pry open the financial sector to meet commitments under the WTO.... Commodity prices mixed LONDON, Dec 9: A number of commodities saw their prices fall this week owing to a steadier dollar, but there were record highs for base metals nickel and lead.... Treasury secretary lifts dollar NEW YORK, Dec 9: The dollar rallied against its main rivals on Friday after a better-than-expected report on US jobs growth was reinforced by comments by US Treasury Secretary Henry Paulson supporting the greenback.... Volkswagen recalls 300,000 Passat cars BERLIN, Dec 9: Europe’s biggest automaker Volkswagen on Friday ordered the recall of 300,000 of its Passat models worldwide due to problems with the windshield wipers, radiator and brakes.The... Wall Street regains momentum NEW YORK, Dec 9: The major US stock indexes regained their upward momentum over the past week spurred by corporate news and accelerating job growth as traders looked ahead to Tuesday''s Federal Reserve meeting....

Contributions Privacy Policy © DAWN Group of Newspapers, 2006