Growers’ concern over duty on import of pesticide
MULTAN, April 23: The cotton growers have expressed concern over five per cent regulatory duty on import of a widely-used pesticide by the ministry of finance....
CLN in future contracts becomes effective
KARACHI, April 23: Client-Level Netting (CLN) in Deliverable Futures Contracts went into effect from May Deliverable Future Contracts, starting on Monday....
ECO may set up central bank soon
KARACHI, April 23: The Economic Cooperation Organisation (ECO) may decide to establish a central bank for member countries to facilitate trade and promote investments....
Pre-bidding conference for sale of NIT today
ISLAMABAD, April 23: The privatisation commission holds first round of a pre-bid conference for sale of management rights in the National Investment Trust here on Tuesday and about 14 parties are expected to participate, said privatisation minister Zahid Hamid....
Move to check cars’ import on fake documents
KARACHI, April 23: The Central Board of Revenue (CBR) has unearthed a scam involving import of vehicles on fake and forged documents. The board has directed all collectorates of customs to...
Ratio of direct taxes in revenue to be raised
LAHORE, April 23: Prime Minister’s Adviser on Finance Dr Salman Shah on Monday said the government planned to raise the salaries of government employees in the next budget....
Profit-selling sets in on stock market
KARACHI, April 23: Stocks market on Monday came in for fresh profit-selling at the higher levels under the lead of current favourites but unlike the weekend session there were buyers at the dips aided by board meetings of some leading companies....
Drug regulatoryauthority to be set up soon
ISLAMABAD, April 23: Prime Minister Shaukat Aziz said on Monday that the government is taking steps to position Pakistan as the manufacturing and export hub of high quality drugs....
Environment standards in industry urged
ISLAMABAD, April 23: The adoption of environmental standards in manufacturing plants can open the door to increased trade in international market, said Minister of State for Environment Malik Amin Aslam Khan....
Non-textile products export declining
ISLAMABAD, April 23: The export of non-textile products dipped by 2.32 per cent to $4.407 billion during the first nine months (July-March) of the current fiscal as against $4.512bn...
Depressed trading on cotton market
KARACHI, April 23: Trading on the cotton market on Monday resumed on a cheerless note as buyers remained conspicuous by their absence owing to higher asking prices by the ginners....
Karachi Port operations
KARACHI, April 23: Seven ships including a car carrier are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
Port Qasim
KARACHI, April 23: Berthing activity was normal as three ships carrying containers and chemicals were accommodated berths during the last 24 hours, said a PQA press release on Monday....
‘Cotton vision’ being finalised
LAHORE, April 23: Trade Development Authority of Pakistan chief executive Tariq Ikram said here on Monday that a cotton vision was being finalised to increase production and improve the quality of silver fiber in the country....
Asian stocks close higher
HONG KONG, April 23: Asian stocks closed mostly higher on Monday with investors cheered by a record performance on Wall Street however overall gains were whittled back by profit taking....
Economic challenges
WELLINGTON, April 23: New Zealand faces key challenges in improving living standards and coping with growing health and superannuation spending pressures, the OECD said on Tuesday....
Palm oil lower
KUALA LUMPUR, April 23: Malaysian crude palm oil futures closed marginally lower on Monday as prices of rival soybean oil declined and players booked profits....