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| May 30, 2007 | Wednesday | Jamadi-ul-Awwal 13, 1428 |
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Profit outflows reach $504m: Liberal repatriation policy
KARACHI, May 29: The negative side of the record foreign investments into the country could start haunting the nation as the outflows in the form of profits and dividends have sharply... 
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Govt mulling incentives to attract investment
ISLAMABAD, May 29: The government has decided to further rationalise tariffs and offer additional fiscal and non-fiscal incentives in the next budget for attracting more local and foreign investment, a senior government official told Dawn here on Tuesday....
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No textile mill closed down in Karachi
KARACHI, May 29: Leaders of the city’s industrial associations have claimed that none of the textile mills (spinning mills) have closed down in Karachi in the last two years....
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Body for anti-money laundering bill formed
ISLAMABAD, May 29: The Standing Committee on Finance and Revenue on Tuesday constituted a nine-member sub-committee to examine the proposed changes, amendment in the...
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Bush may name WB chief this week
BRUNSWICK, May 29: President George W. Bush is likely to announce this week a candidate to replace World Bank President Paul Wolfowitz, who resigned after a storm of criticism over a...
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Apparel sector demands separate policy
KARACHI, May 29: Apparel manufacturers and exporters under the umbrella of Pakistan Apparel Forum (PAF) have drew the attention of the government towards the serious crisis in value-added textile industry and...
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Stocks ease slightly on profit-selling
KARACHI, May 29: The KSE 100-share index on Tuesday consolidated well above the level of 12,800 points despite profit-selling in some of the leading base shares indicating that the near-term target...
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BP interested in bidding for PSO
KUALA LUMPUR, May 29: Pakistan’s Minister of Privatisation and Investment said on Tuesday that the British energy giant BP has not yet won a majority stake in Pakistan State Oil (PSO)....
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Prices stay firm on cotton market
KARACHI, May 29: A fresh forward deal in lower Sindh lint featured the trading on cotton market on Tuesday as some of the leading spinners fearing pressure on future supplies opted for new crop....
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JS Abamco announces dividends
KARACHI, May 29: JS Abamco Limited decided to pay cash payout of over Rs1 billion for the closed-end funds under its management, a meeting of Board held on Friday announced....
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Karachi Port operations
KARACHI, May 29: Seven ships carrying containers, steel and steel coils are due to arrive at the outer anchorage on Wednesday, according to KPT sources....
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Full use of SME’s potential urged
ISLAMABAD, May 29: While identifying several weak areas in the trade policy, the experts urged the government to strengthen the domestic commerce sector by utilising the potential of small scale products....
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Asian stocks mainly up
HONG KONG, May 29: Asian stocks closed mostly higher on Tuesday with gains continuing to be kept in check by Shanghai which again surged to a record high and caused further jitters over a potential sharp correction....
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New weekly service from Port Qasim
KARACHI, May 29: Emirates Karan, the first vessel of Emirates Shipping Company, called on Wednesday at Port Qasim to mark the launching of a direct weekly service from the sub-continent to the Middle East and Africa....
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