Low Graphics Site

June 17, 2007 Sunday Jumadi-us-Sani 01, 1428 NWFP plans to spend Rs39.46bn on development PESHAWAR, June 16: The NWFP government has earmarked an all-time record Rs39.462bn for Annual Development Programme (ADP) of next fiscal year, with major focus on completion of ongoing projects.... Balochistan budget to focus on PSDP QUETTA, June, 16: Balochistan Chief Secretary K. B. Rind has said that the financial position of the province has improved to a greater extent as the federal government is providing huge...   Iranians rush for fuel ahead of rationing TEHRAN, June 16: Some Iranians are stocking up on gasoline amid uncertainty over when a delayed rationing scheme will take effect, an official from a body representing pump stations was quoted as saying on Saturday.... Sindh govt demands independent NFC KARACHI, June 16: Senior Minister of Sindh Syed Sardar Ahmad has declared that the next year’s budget presented by him on Friday was in complete conformity with the 1973 Constitution.... US tightens high-tech export rules for China WASHINGTON, June 16: The United States late Friday slapped new restrictions on high-technology exports to China and moved to create a pool of so-called “trusted customers” within the Chinese business community who will be rewarded for compliance with US guidelines.... Bidding for sale of HPFL tomorrow ISLAMABAD, June 16: The Privatisation Commission (PC) will hold bidding for privatisation of a minimum of 90 per cent shares of the Hazara Phosphate Fertilisers Ltd (HPFL) on Monday (June 18).... Accord on joint business council KARACHI, June 16: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Federation of UAE Chamber of Commerce and Industry (FUCCI) have agreed to establish Pakistan-UAE Joint Business Council.... Price limit by UAE govt annoys rice exporters ISLAMABAD, June 16: Pakistani basmati rice exporters have been facing ceiling prices restriction for the last three months while the Indian exporters are selling the commodity at double price in the UAE markets, sources told Dawn on Saturday.... CFS rates stable as demand stays volatile KARACHI, June 16: The CFS rates on the Karachi Stock Exchange last week showed fractional either-way changes as demand for funds fluctuated in line with the market’s volatility and finally settled around 11.7... China to allow more foreign yuan bonds BEIJING, June 16: China is mulling plans to allow more foreigners to issue yuan-denominated bonds on the mainland to boost development of the domestic capital markets, the China Daily said on Saturday, citing an unnamed banking official.... Amnesty for importers ISLAMABAD, June 16: The Central Board of Revenue (CBR) has offered an amnesty for importers from payment of fine and penalties in case of discharging outstanding liability by paying the principal amount.... Power deal ALGIERS, June 16: French engineering group Alstom and US firm General Electric signed contracts worth a total 53.7 billion dinars ($767m) to build power stations in Algeria, state electricity company Sonelgaz said on Saturday.... Cotton price steady amid slow trading KARACHI, June 16: Lint prices on the cotton market remained stable, but mill ready offtake was on the lower side of the daily average owing to higher asking prices by the ginners.... Airbus to save 300m euros this year PARIS, June 16: European aircraft manufacturer Airbus is sure to attain 300 million euros in savings this year from its Power8 restructuring programme, chief executive Louis Gallois said ahead of the Paris Air Show.... China’s fixed asset investment picks up BEIJING, June 16: China''s urban fixed asset investment picked up to 25.9 per cent in the first five months of 2007, official data showed on Friday, amid expectations the government will act soon to slow its juggernaut economy.... Singapore exchange SINGAPORE, June 16: Singapore Exchange (SGX) said on Friday it was looking forward to a closer collaboration with the Tokyo Stock Exchange following its acquisition of a stake in the local stock exchange operator.... Aramco to build new refinery RIYADH, June 16: Saudi state oil company Aramco said on Saturday it is considering the construction of a new refinery which could start production in 2012.... Dutch firm planning ICI takeover bid LONDON, June 16: The Netherland’s chemical giant Akzo Nobel is in the final stages of preparing a takeover bid for British chemical group Imperial Chemical Industries (ICI), The Daily Telegraph said on Saturday.... US current account deficit rises WASHINGTON, June 16: The US current account deficit rose to $192.6 billion in the first quarter of 2007. The commerce department, however, revised down its estimate for the fourth quarter of 2006 to 187.9... Talks on IPO issue ISLAMABAD, Jun 16: Ms. Rodica Parvu, Director-General of the Romanian Copyright Office, has expressed interest to establish contact with her counterpart in the Intellectual Property Organisation of Pakistan (IPO) in order to mutually benefit each other’s experiences.... EBay pulls ads from Google SAN FRANCISCO, June 16: EBay and Google have turned from ardent partners to nettled adversaries, with the renowned online auction site yanking it ads from the world’s most popular Internet search engine.... TNK-BP profit MOSCOW, June 16: British-Russian energy joint venture TNK-BP reported a US GAAP net profit of $6.4 billion in 2006, the Interfax news agency wrote.... Used cars ISLAMABAD, June 16: The government on Saturday restricted import of used cars to three years for overseas Pakistani which will be effective from July 1, 2007.... Correction KARACHI, June 16: The Industrial and Commercial Bank of China (ICBC), the world''s second-largest bank, holds 311.8 billion yuan, equivalent to US$41 billion in assets. ‘Million’ instead of ‘billion’, had crept in our story on Thursday (June 14).... Oil prices jump on US motor fuel supply fears LONDON, June 16: The price of crude oil on world markets raced higher this week, with London Brent crude breaching $71 a barrel on gasoline (petrol) supply concerns in the United States.... Lamy to brief Chinese leaders on trade talks GENEVA, June 16:, World Trade Organisation chief Pascal Lamy will seek to ensure Chinese leaders support key WTO talks during a visit to Beijing next week, his spokesman said on Friday....

Contributions Privacy Policy © DAWN Group of Newspapers, 2007