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| April 21, 2007 | Saturday | Rabi-us-Sani 03, 1428 |
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Fate of mega projects hangs in the balance
KARACHI, April 20: Has anyone in the country taken care to keep a track on the implementation phases and flow of funds for the mega development projects in different parts of... 
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Re-listing of fish plants by EC likely in 3 months
KARACHI, April 20: The ministry of food, agriculture and livestock (Minfal) has expressed the hope that re-listing of local fish processing plants in the European Commission’s approved list will take two to three months....
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Malaysia seeks joint venture in palm oil
KARACHI, April 20: Malaysian minister for plantation, industries and commodities Datuk Peter Fah Kui inaugurated on Friday the expansion project of MAPAK Qasim Bulkers terminal at Port Qasim....
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Banks spend record Rs76.13bn in 2006
KARACHI, April 20: Unprecedented growth in profitability has encouraged banks to spend sumptuously turning the banking industry as the highest spending sector of the economy in calendar year 2006....
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Traders resent hike in power surcharge
KARACHI, April 20: Trade and industry has taken strong exception to KESC’s unilateral decision of increasing fuel-adjustment surcharge as is evident from the power bills issued between January and March....
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Pakistan has low export potential for China
ISLAMABAD, April 20: Pakistan has the lower potential in the Asia Pacific region for exploiting the increasing export opportunities to China despite the fact that the two countries have a preferential...
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China currency reform
NEW YORK, April 20: The United States and China agree Beijing needs to adopt a more flexible currency in its own interest but the Bush administration feels it is moving too slowly on it, Treasury Secretary Henry Paulson said on Friday....
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Libyan, US firms in joint venture
TRIPOLI, April 20: Libya''s National Oil Corporation and US firm Dow Chemical have announced a joint venture to operate and expand the Ras Lanuf petrochemical complex in Libya, the NOC said on Friday....
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Oil prices climb
LONDON, April 20: World oil prices recovered slightly on Friday as traders fretted over supply worries amid violence in Nigeria, the world’s sixth-biggest oil exporter....
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US powers to expedite Doha round opposed
ISLAMABAD, April 20: As many as 243 civil society organisations (CSOs) from 90 developing countries, including Pakistan, have sent a joint letter to the US Congress requesting for rejection of a...
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Stocks lose 29 points on mixed trading
KARACHI, April 20: Share market finished the weekend session on a mixed note as investors played on both sides of the fence selling at the inflated level and buying at the...
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Computer industry calls for GST withdrawal
ISLAMABAD, April 20: Pakistan Computer Association (PCA) has demanded withdrawal of 15 per cent general sales tax (GST) on computer equipments in the upcoming budget of 2007-08....
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Karachi Port operations
KARACHI, April 20: Six ships including two cement loaders are due to arrive at the outer anchorage on Saturday, according to KPT sources....
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Port Qasim
KARACHI, April 20: Five ships carrying containers, chemicals, edible oil and LPG arrived at the outer anchorage during the last 24 hours, said a PQA press release on Friday....
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China ready for economic curbs
BEIJING, April 20: Chinese investors were ready on Friday for what most considered to be inevitable government moves to rein in the economy, after first-quarter growth figures showed previous efforts had been far too little....
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Listless trading on cotton market
KARACHI, April 20: Quieter conditions prevailed on the cotton market on Friday as physical activity remained slow in the absence of active demand from the spinners and mills....
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Asian stocks higher
HONG KONG, April 20:Asian stocks bounced back to close broadly higher on Friday amid easing concerns over a tightening of monetary policy in China, and on the back of a record close on Wall Street overnight....
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European stocks rebound
LONDON, April 20: Europe''s main stock markets rebounded strongly on Friday following two days of losses, as fervent takeover activity struck the pharmaceutical and banking sectors....
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