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DAWN - the Internet Edition  



March 07, 2007 Wednesday Safar 17, 1428


Business


Pakistan losing markets in EU states
ISLAMABAD, March 6: Pakistan is steadily losing market for its products in the 27-member European Union (EU) — one of the single largest trading partners, despite Islamabad''s frontline role in war on terror....
Complete Story
Yunus offers to set up micro credit bank
KARACHI, March 6: The socio-economic scientist and Nobel Prize winner professor Yunus offered Pakistan to start micro credit bank on build-operate-transfer (BOT) as he did in other countries....
Complete Story
Sale of subsidised cooking oil, sugar begins on 10th
KARACHI, March 6: Consumers having a bitter experience of waiting in long queues for buying subsidised sugar from the utility stores last year, are likely to face the similar hardship because...
Complete Story
Cement exports touch new highs
KARACHI, March 6: Cement exports during February reached 3,20,000 tons, which was the highest-ever export for any single month....
Complete Story


Investment secure, PM assures expats
ISLAMABAD, March 6: Prime Minister Shaukat Aziz has held out firm assurance to overseas Pakistanis that their investment in the country will be secure and their bank accounts will never be frozen as was done in the past....
Complete Story
Strategy to achieve $45bn export approved
ISLAMABAD, March 6: Prime Minister Shaukat Aziz on Tuesday approved a strategy aimed at increasing the country’s exports to $40-$45 billion by the fiscal year 2013 from the current $16.5 billion....
Complete Story


ARL stance on PAC assertions
ISLAMABAD, March 6: The Attock Refinery Ltd (ARL) said on Tuesday said that the audit had pointed out certain anomalies in the southern crude oil transportation which required regularisation through amendments in the relevant rules....
Complete Story
Stocks rise on selective buying
KARACHI, March 6: Share market on Tuesday resisted fresh fall aided by modest short-covering at the lower levels on selected counters as some of the investor worries related to the new...
Complete Story


Steps to cut ghee prices proposed
ISLAMABAD, March 6: The Pakistan Vanaspati Manufacturers’ Association (PVMA) has proposed a range of taxation measures for the budget 2007-08, saying it is the only option to bring down edible oil prices in the domestic market....
Complete Story
Prices rule firm on cotton market
KARACHI, March 6: The Cotton market on Tuesday maintained firm trend as spinners and mills resumed their normal covering operations at the prevailing prices....
Complete Story
Oil prices rally
LONDON, March 6: World oil prices rose on Tuesday, with Brent crude nudging above $61 a barrel in London, aided by a recovery to global share prices, analysts said....
Complete Story
Funds for NILT sought
KARACHI, March 6: The Pakistan Tanners Association (PTA) has expressed serious concern over the non-approval of funds by the ministry of commerce for smooth running of National Institute of Leather Technology (NILT), located in Korangi....
Complete Story


Asian stocks recover
HONG KONG, March 6: Battered Asian stock markets closed higher on Tuesday, recovering some lost ground in a technical rebound as bargain-hunting emerged despite another weak showing on Wall Street overnight, dealers said....
Complete Story
Gold prices
LONDON, March 6: Gold bounced from fresh six-week lows on Tuesday as bargain hunters returned to the fray, but analysts expect volatility until stock markets stabilise....
Complete Story
Palm oil up
KUALA LUMPUR, March 6: Malaysian crude palm oil futures closed 1 per cent higher on Tuesday after three straight days of decline as players covered positions ahead of a price outlook conference next week....
Complete Story
Port Qasim
KARACHI, March 6: Two container ships were accommodated berths at QICT during the last 24 hours, said a PQA press release on Tuesday.Berth occupancy was maintained at 60 per cent at...
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