Low Graphics Site

March 08, 2007 Thursday Safar 18, 1428 Rs394m loss feared on wheat export by Passco KARACHI, March 7: The country may suffer a colossal loss of Rs394 million on wheat export sales of 0.3 million tons being carried out by the Pakistan Agriculture Supplies and Storage Corporation (Passco) at officially controlled rates.... Delisted fish exporters given six weeks: Shipments to EU KARACHI, March 7: The Marine Fisheries Department (MFD) on Wednesday informed the fish exporters that they could continue shipments to the European countries for next six weeks despite the fact that... Plans to develop chemical industry ISLAMABAD, March 7: The government is considering establishing a “fully integrated chemical industry in Pakistan” to achieve higher economic growth and lessen foreign dependence on import of a vast range of chemical products.... EU buyers refuse to book seafood orders KARACHI, March 7: Confusion prevailed in fisheries sector over reports that the EU is likely to impose a ban on import of seafood from Pakistan.... Global equity markets mixed LONDON, March 7: European stock markets extended gains on Wednesday in line with most Asian indices, following a week of traumatic losses to global equities, but Wall Street paused for breath following a rally.... Progress of privatisation process reviewed ISLAMABAD, March 7: The board of the Privatisation Commission (PC) reviewed the progress of pre-qualification process of potential parties and recommendations of the transactions committee for allowing them for due diligence of the PSO in the data room.... MCA begins probe into cement price-hike ISLAMABAD, March 7: The Monopoly Control Authority (MCA) on Wednesday constituted a committee for determination of reasons of unexpected raise in cement price during the last few weeks.... 10 firms shortlisted for LNG terminal NEW DELHI, March 7: Pakistan has short-listed around 10 companies, including oil majors Royal Dutch Shell and Total, to build the country’s first liquefied natural gas (LNG) import terminal by 2010, its oil minister said on Wednesday.... ICI plans to boost investment in Pakistan RAWALPINDI, March 7: A high-level delegation of ICI led by its CEO Dr John David Gibson Mcadam called on President Pervez Musharraf here on Wednesday.... ICCI to set up firms in 57 states LAHORE, March 7: Foras Investment Company, a subsidiary of the Islamic Chamber of Commerce and Industry (ICCI) is planning to set up 200 companies in 57 member countries of the OIC over a period of five years.... Iran to import potato from Pakistan ISLAMABAD, March 7: The government has projected to export more than 125,000 tons of potatoes to Iran during the current fiscal year.... Stocks resume bullish journey KARACHI, March 7: Stocks on Wednesday were back on the rails as investors covered positions at the lower levels aided partly by attractive bait of capital gains and partly to the... Slow activity on cotton market KARACHI, March 7: Trading activity on the cotton market again slowed down on Wednesday as spinners kept to the sidelines most of the time for not any cogent reason.... Petrol rationing likely in Iran TEHRAN, March 7: Iran''s parliament on Wednesday voted to cut the huge sums paid by the state to subsidise petrol by imposing a rationing system that would mean higher pump prices for purchases beyond a given quota.... Euro steady on eve of ECB rate decision LONDON, March 7: The euro and the pound were slightly firmer against the dollar on Wednesday ahead of interest rate decisions by the European Central Bank and the Bank of England.... Singapore Bourse to buy 5pc of BSE MUMBAI, March 7: Singapore Exchange plans to acquire a five per cent stake in the Bombay Stock Exchange in a deal worth $42.7 million, the two exchanges announced here on Wednesday.... Row over subsidy BEIJING, March 7: China will hold consultations with the United States later this month on industrial subsidies that have caused Washington to drag Beijing before the World Trade Organisation, state media said on Wednesday.... S. Korea, US agree on early wrap up of trade talks SEOUL, March 7: US Treasury Secretary Henry Paulson and South Korean Finance and Economy Minister Kwon O-Kyu agreed on Wednesday to try to wrap up free trade negotiations smoothly and quickly, officials said.... Gold prices LONDON, March 7: Gold gave up overnight gains on Wednesday as investors took profits in absence of clear signals from the currency and oil markets, dealers said.... Palm oil flat KUALA LUMPUR, March 7: Malaysian crude palm oil futures closed largely unchanged in slow trade on Wednesday as the market awaited a price outlook conference next week.... US opposes subsidies for Airbus WASHINGTON, March 7: The US government on Wednesday voiced its opposition to any state subsidies for Airbus as the embattled European plane maker undergoes a painful restructuring.... Equity firms COLOMBO, March 7: Sri Lanka invited overseas stockbroker firms on Wednesday to set up operations in the island in a bid to encourage more foreign participation in the tiny Colombo bourse.... Port Qasim KARACHI, March 7: Berthing activity was slow as only one ship carrying diesel oil was accommodated berth during the last 24 hours, said a PQA press release on Wednesday.... Karachi Port operations KARACHI, March 7: Five ships carrying general cargo, chemicals and containers are due to arrive at the outer anchorage on Thursday, according to KPT sources....

Contributions Privacy Policy © DAWN Group of Newspapers, 2007