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| January 17, 2007 | Wednesday | Zilhaj 26, 1427 |
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Chances of decline in prices seen dim: Essential goods
KARACHI, Jan 16: Commodity pundits rule out any decline in prices of essential items after a cut in diesel and petrol prices by one and four rupees per litre, respectively.... 
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$49m project to develop agri-businesses
ISLAMABAD, Jan 16: The Ministry of Food, Agriculture and Livestock (Minfal) has launched a project for the improvement of horticulture and livestock related business in the country, official sources said here....
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Remittances rise by 25pc in July-Dec
KARACHI, Jan 16: Remittances by the overseas Pakistanis have gone up by 25 per cent during the last six months while the inflows from the Middle East increased substantially to contribute 48 per cent of the total remittances....
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Transport linkages with ECO states planned
KARACHI, Jan 16: Pakistan has undertaken a comprehensive National Trade Corridor Improvement Programme focusing on augmenting transport capacities by developing land and land-cum-sea transport linkages with all neighbouring countries in the Economic Cooperation Organisation (ECO) region....
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Stocks finish with gain of 83 points
KARACHI, Jan 16: Selective support on Tuesday figured prominently on the blue chip counters as leading investors covered positions at the lower levels amid market talk of higher corporate announcements and...
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Pakistan ahead of India in Visa card use
KARACHI, Jan 16: Pakistan is second only to China, and much ahead of India in the region, in adoption of credit and debt card payments as Rs15 billion transactions were made...
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G-33 states reject WB report on products
ISLAMABAD, Jan 16: The group of G-33 developing countries has rejected the World Bank’s sponsored report of special products (SPs) saying the report ignored the reality of the prevailing agrarian structures in most of the developing countries....
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Oil prices sink
LONDON, Jan 16: Global crude futures plunged on Tuesday after oil kingpin Saudi Arabia signalled that it would not back an emergency meeting of the Opec cartel aimed at stemming the recent plunge in oil prices....
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Japan keen on power sector
ISLAMABAD, Jan 16: An eight-member Japanese business delegation, led by Yamada Yoshiki, on Tuesday called on the Senate chairman and discussed with him possibilities of Japanese investment in the field of power generation, jewellery, housing and construction industry came under discussion....
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Ban on meat imports from Canada ends
ISLAMABAD, Jan 16: The government on Tuesday lifted ban on import of meat and meat products from all regions of Canada except Alberta subject to the certification of additional animal quarantine requirements....
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Bullish trading on cotton market
KARACHI, Jan 16: Cotton market on Tuesday maintained a bullish trend as spinners and mills again indulged in panic buying but ginners appear to be a bit selective anticipating further increase in prices....
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Textile industry wants utility charges capped
LAHORE, Jan 16: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged the government to cap the utility charges for textile industry for three years to enable exporters quote...
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Textile magnates to discuss crisis
LAHORE, Jan 16: The All-Pakistan Textile Mills Association (Aptma) has convened an extraordinary general meeting (EOGM) of the association on Tuesday to mull over the crisis facing the textile industry owing...
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Eight EOIs received for Hazara fertiliser plant
ISLAMABAD, Jan 16: The Privatisation Commission has received eight Expressions of Interest (EOIs) and Statement of Qualifications from interested parties to participate in the privatisation process of Hazara Phosphate Fertilizers Ltd (HPFL)....
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UK inflation soars
LONDON, Jan 16: Inflation in the UK has soared to the highest level for 11 years, sparking fears of a further interest rate increase as soon as next month....
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Karachi Port operations
KARACHI, Jan 16: Two vessels carrying containers and general cargo are expected to arrive at the outer anchorage on Wednesday, according to KPT sources. No ship was berthed on Tuesday on...
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FPCCI hails cut in oil prices
KARACHI, Jan 16: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Tanvir Ahmad Shaikh, has said that cut in petroleum prices would reduce the cost of production and give relief to the industry....
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Asian stocks close mixed
HONG KONG, Jan 16: Asian stocks closed mixed on Tuesday with light profit taking emerging in the wake of recent gains while buying was capped by an absence of fresh leads....
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Karachi market rates
KARACHI, Jan 16: The following were Tuesday’s commodity market rates in rupees....
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Palm oil rebounds
BANGKOK, Jan 16: Malaysian crude palm oil futures rose on Tuesday, boosted by higher prices of rival soyaoil and easing floods in the key southern growing area, dealers said....
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