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| May 03, 2007 | Thursday | Rabi-us-Sani 15, 1428 |
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Aptma offers 250MW power to Wapda
LAHORE, May 2: Textile mills have offered to provide up to 200-250MW of electricity from their furnace oil-fired power units to Wapda on a 30-day notice provided the utility agrees to pay a price of Rs1.31... 
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Passco may export rice to Iran
ISLAMABAD, May 2: The government is considering allowing Passco to enter into a deal with the Government Trading Corporation (GTC) of Iran for export of Irri-9 and basmati at a preferential duty, Dawn has learnt....
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Businessmen highlight role of free press
KARACHI, May 2: Free press is crucial for creating a conducive environment for businesses to prosper....
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ICI briefs analysts on expansion projects
KARACHI, May 2: The ICI Pakistan has said that the recently approved 65,000 tons Soda Ash Expansion Project comes on the back of 50,000 tons per annum expansion project inaugurated by the prime minister in March....
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500,000 spindles closed down in a year: Aptma
LAHORE, May 2: The All-Pakistan Textile Mills Association (Aptma) has claimed that its members have closed down approximately 500,000 spindles during the last one year, out of a total industrial capacity of around 11.5...
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Partnership urged to raise labour output
ISLAMABAD, May 2: Pakistan has to create more synergies through public-private partnerships in labour productivity and efficiency....
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PM reviews performance of knitwear sector
ISLAMABAD, May 2: Prime Minister Shaukat Aziz has emphasised the need for comprehensive skills training of the workers to increase productivity of the knitwear sector and boost exports....
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India resumes mango export to US
WASHINGTON, May 2: The first shipment of mangoes from India in 18 years arrived in the United States on Tuesday under a deal to end a long ban on the fruit....
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Oil prices slide
LONDON, May 2: World oil prices dropped more than a dollar on Wednesday after news that US gasoline or petrol stockpiles fell by less than market expectations, traders said....
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Stocks keep upward drive on strong foreign buying
KARACHI, May 2: The KSE 100-share index on Wednesday stayed well above its newly established career best level after having narrowly missed its intra-day peak of 12,500 points and analysts said...
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Business gala for SMEs at Expo Centre
KARACHI, May 2: The Small and Medium Enterprises Development Authority (Smeda) organised an SME gala at Expo Centre for entrepreneurs to acquaint them with the SME agenda of the government bodies, commercial banks and leasing companies....
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Listless trading on cotton market
KARACHI, May 2: Cotton market on Wednesday maintained a steady trend as ginners were not inclined to lower their asking prices having an overview of the supply and demand position....
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Progress seen in WTO fish talks
GENEVA, May 2: World Trade Organisation members are making progress in talks on cutting fishing subsidies but significant differences remain, not least between the US and Japan, trade sources said on Wednesday....
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EU presses China for ‘results’ over piracy
BRUSSELS, May 2: The European Union is “watching very closely” WTO consultations between Washington and Beijing over copyright piracy and is demanding “results” from the Chinese, a European Commission spokesman said on Wednesday....
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Karachi Port operations
KARACHI, May 2: Five ships carrying rock phosphate, containers and to load naphtha are due to arrive at the outer anchorage on Thursday, according to KPT sources....
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Increase in support price of gram likely
LAHORE, May 2: The government may soon increase support price of gram if it wishes to procure the commodity even for strategic reserves, say sources in the ministry of food, agriculture and livestock (Minfal)....
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Dollar rises on US data
LONDON, May 2: The dollar rose against the euro on Wednesday after a survey on the US manufacturing sector revealed unexpected strength, reducing the chances of an interest rate cut by the Federal Reserve, analysts say....
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$79.3m ADB loan for India
MANILA, May 2: The Asia Development Bank (ADB) said on Wednesday it had approved a $79.3m loan to India’s largest private power company to set up and operate wind energy facilities....
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Asian stocks higher on US data
HONG KONG, May 2: Asian stocks closed with solid gains on Wednesday after encouraging US data and another record performance on Wall Street provided further support for markets already at or near record highs, dealers said....
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Indonesia not to lift palm oil export tax
JAKARTA, May 2: Indonesia has no plan to raise export tax on palm oil as the government expects domestic prices to ease by 10-12 per cent by June, a senior government official said on Wednesday....
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