Low Graphics Site

December 23, 2006 Saturday Zilhaj 01, 1427 Rs9.84bn relief given to garment sector KARACHI, Dec 22: The garment industry has received a sum of over Rs9.8 billion as reimbursement regarding the Research and Development (R&D) support during the first six months of the current year, said a State Bank report.... PC import creates stiff competition in foreign market ISLAMABAD, Dec 22: Shipment of personal computers (PC) in Pakistan grew by 20.9 per cent to 173,834 units during second quarter (Q2) of 2006, says a leading Singapore-based Information Technology (IT) market research group, Springboard Research.... Exports disrupted by strike KARACHI, Dec 22: Despite achieving a production output between 50-80 per cent businessmen failed to send export consignments to the port for shipments abroad owing to absence of container carriers on Friday because of the strike against Women’s Protection Bill.... POL imports rise by 31.38pc ISLAMABAD, Dec 22: The country’s import bill of petroleum products increased by 31.38 per cent to $3.391 billion during the period of July-November as against $2.581... Fresh buying helps index limit losses KARACHI, Dec 22: Share market on Friday resisted larger decline followed by reports of revival of foreign support on the oil sector but the underlying sentiment remained terribly bearish owing to the weakness of banking shares.... Chinese firm to set up pesticides plant ISLAMABAD, Dec 22: A Chinese company has finalized plans to set up a pesticides plant in Pakistan. Ms Hao Ying, Chairperson, Pak-China Manufacturing (Pvt) Ltd who called on Prime Minister Shaukat... 3 RTOs to be set up this month ISLAMABAD, Dec 22: The Central Board of Revenue (CBR) will set up three regional tax offices (RTOs) at Rawalpindi, Peshawar and Abottabad by end of the current month.... Textile exports up by 26.9pc ISLAMABAD, Dec 22: Export of textile products increased by 26.9 per cent to $864.935 million in November last as against $681.570 million in the corresponding month last year.... Pakistan to sell wheat to BD at low price KARACHI, Dec 22: Pakistan will sell 50,000 tons of milling wheat to Bangladesh in a government-to-government deal at a discounted price despite a ban on the export of the commodity, a senior government official said on Friday.... Oil prices climb LONDON, Dec 22: World oil prices climbed slightly on Friday at the end of a week in which support has come mainly from a drop in US crude inventories.... Gas deals MOSCOW, Dec 22: Russian natural gas giant Gazprom announced on Friday that it had concluded three contracts with Georgia to supply natural gas at the price of $235 for 1,000 cubic metres from next year.... Lint sellers, buyers lock horns KARACHI, Dec 22: After last couple of weeks hectic trading, the activity on the cotton market on Friday remained sluggish as buyers and sellers kept to the sidelines.... US durable goods orders rebound WASHINGTON, Dec 22: Orders for US durable goods rebounded 1.9 per cent in November following a sharp drop in the prior month, as transportation equipment orders surged, the Commerce Department said on Friday.... Industrial estate LAHORE, Dec 22: Sundar Industrial Estate (SIE) is an exemplary project which would help accelerate the pace of industrialization in the country. The Chairman, National Commission for Government Reforms and former... Sound billing must for success ISLAMABAD, Dec 22: A four-day training workshop on "Effective Billing in Telecoms" concluded here on Friday. Representatives from various telecom bodies, major fixed line and cellular mobile operators and the telecom... Romania halts bank’s sell-off BUCHAREST, Dec 22: The Romanian government is to halt the privatisation of the savings bank CEC because it received only one bid, from the National Bank of Greece, Finance Minister Sebastian Vladescu said on Friday.“Unfortunately,... Shabbar nominated SAFA VP KARACHI, Dec 22: Syed Mohammad Shabbar Zaidi has been nominated as vice-president of the South Asian Federation of Accountants (SAFA) for the year 2007. A press release issued here on Friday... Karachi Port operations KARACHI, Dec 22: Five ships carrying raw jute and sunflower seeds are expected to arrive at the outer anchorage on Saturday, according to KPT sources. Berthing activity at the wharves was... Asian stocks close mainly up HONG KONG, Dec 22: Asian stocks closed mainly higher on Friday in lacklustre trading as investors squared-off their positions ahead of the Christmas holidays. Singapore provided the highlight of the day with a 0.74... Malaysian palm oil higher JAKARTA, Dec 22: Malaysian palm oil futures touched a one-week high on Friday on fears of supply disruptions after rains in producing areas of southern Malaysia and short covering before the end-year holiday.... European stock markets ease LONDON, Dec 22: Stock markets in Europe mostly eased on Friday, the last trading day before the Christmas and New Year break, after a weak finish by Wall Street overnight.London''s... Gold prices LONDON, Dec 22: Gold was rangebound in thin European trade on Friday, with many dealers already away for year-end holidays. Spot gold hit an intraday high of $620.00...

Contributions Privacy Policy © DAWN Group of Newspapers, 2006