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| May 08, 2007 | Tuesday | Rabi-us-Sani 20, 1428 |
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Metal goods production line to be set up: Govt to provide Rs500m
ISLAMABAD, May 7: The government has decided to establish a metal products production line to help produce state-of-the art metal products to boost exports.... 
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Unbridled rice exports causing price flare-up
KARACHI, May 7: After having surged by Rs5-10 per kg in February this year, the wholesale prices of rice have again been under pressure for the last over two weeks adding Rs2-3 per kg in almost all varieties of the commodity....
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Bidding for PSO postponed until next month
ISLAMABAD, May 7: The sale of 51 per cent interest along with management control of Pakistan State Oil (PSO) has been delayed until next month on the request of bidders, Minister for privatisation and Investment Zahid Hamid said on Monday....
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Govt purposely delaying family budget survey
ISLAMABAD, May 7: The delay in increasing the coverage of areas and revising of consumption pattern for the measurement of inflation for the last couple of years has benefited the government...
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Textile leaders slam SBP chief’s remarks
KARACHI, May 7: The leadership of the textile industry has taken strong exception to SBP governor Dr Shamshad Akhter’s recent statement in which she allegedly criticised the industry for being inefficient,...
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Farm talks: US remains focus of attention
GENEVA, May 7: Developing countries said on Monday that proposals to revitalise agriculture negotiations at the World Trade Organisation suffered from a “severe imbalance” which put their economies at a disadvantage....
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100-share index loses 432 points on massive selling
KARACHI, May 7: The KSE 100-share index crashed from the recent all-time high by 432.33 points or 3.43 per cent at 12,079.75 points on massive selling triggered by fears of imposition...
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Obstacles in mango export to Japan
ISLAMABAD, May 7: The stringent standards for export are blocking entry of Pakistani mango into the Japanese market, an official source said on Monday....
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FTA talkswith Malaysia begin
ISLAMABAD, May 7: Technical experts of Pakistan and Malaysia on Monday started negotiations for striking a deal on the remaining parts of the proposed free trade agreement (FTA)....
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14.1m lint bales target set for next year
LAHORE, May 7: The government has set cotton target of 14.1 million bales for the next year, says Federal Minister for Food, Agriculture and Livestock Sikander Hayat Bosan....
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$7bn oil pipeline
KUALA LUMPUR, May 7: Malaysia will build a $7 billion pipeline to transport Middle East oil across the north of its peninsula to East Asian countries, Prime Minister Abdullah Ahmad Badawi said on Monday....
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S. Korea-EU trade talks
SEOUL, May 7: South Korea and the European Union on Monday started free trade talks aimed at linking Asia''s third largest economy to the world''s biggest trading bloc....
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Slow buying on cotton market
KARACHI, May 7: Trading on the cotton market on Monday resumed on a cautious note as some of the local mills sought modest supplies at the current levels but ginners were not in an obliging mood....
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Japan, India want changes in WTO proposal
TOKYO, May 7: Japan and India agreed Monday to seek change to a recent WTO proposal on farm trade because it “lacked balance,” Japanese officials said....
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Muslim states urged to invest in Halal sector
KUALA LUMPUR, May 7: Islamic scholars and businesses must speed up Halal or Islamic certification as technology advances or risk losing a market worth over $600 billion, Malaysia''s prime minister warned on Monday....
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Taiwan April exports up
TAIPEI, May 7: Taiwan''s exports in April rose 5.5 per cent year-on-year to $19.83 billion, largely on an increase in steel, electrical machinery and electronics shipments, the government said on Monday....
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Asian stock makets higher
HONG KONG, May 7: Asian stocks pushed the boundaries even further on Monday with investors cheered by another record finish on Wall Street, heightened takeover activity and solid corporate profit results....
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Palm oil lower
KUALA LUMPUR, May 7: Malaysian crude palm oil futures fell 1.9 per cent on Monday as players took profit after strong gains last week that pushed the market to eight-year highs....
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Port Qasim
KARACHI, May 7: Normal shipping activity was witnessed at the port where two ships to load, unload containers and chemicals were allotted berths at QICT and EVT, respectively, during the last 24 hours, says a PQA press release....
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Karachi Port operations
KARACHI, May 7: Six ships carrying, containers, chemicals and to load cement are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
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