Low Graphics Site

January 06, 2008 Sunday Zilhaj 26, 1428 Urea price increases by Rs10 per bag KARACHI, Jan 5: In an effort to pass on the recent 5.5 per cent increase in fuel gas prices by the Oil & Gas Regulatory Authority (Ogra) to the users, two... Incentives likely for pharma industry ISLAMABAD, Jan 5: The government is considering providing incentives to the pharmaceutical industry so that it could compete in the international export market.Official sources told Dawn on Saturday that policy recommendations...   Instability may push oil prices further up RIYADH, Jan 5: With crude reaching the $100 mark, the expected has finally happened. Richard Arens, who runs a one-man oil brokerage, ABS, offered $100,000 on the New York market on... Sindh govt seeks data on trade losses KARACHI, Jan 5: The Karachi Chamber of Commerce and Industry has been approached by the caretaker Sindh government to seek details of the losses suffered by the business community during disturbances in the city last week.... Growth in export of sports, leather, surgical goods ISLAMABAD, Jan 5: Pakistan’s export of non-textile products witnessed a robust growth of more than 21 per cent during the first five months of the current fiscal year over the corresponding period last year.... Tax reforms to be ready by next year ISLAMABAD, Jan 5: Chairman, Federal Board of Revenue (FBR), M Abdullah Yusuf, has said that the ongoing reforms programme would be completed by December 2009 with major focus on tax gap... $26bn energy facility ANCHORAGE (Alaska), Jan 5: A major Canadian oil and gas company has beat out four competitors in a bid to build a natural gas pipeline out of Alaska that would supply... MoU for four new dry ports tomorrow ISLAMABAD, Jan 5: Pakistan Railways (PR), Qasim International Container Terminal (QICT) and Premier Mercantile Services (PMS) would sign an MoU here on January 7.... WTC site owner enters into $1.45bn retail deal NEW YORK, Jan 5: The owner of the World Trade Centre site is teaming up with an Australian retailer to develop upscale stores and restaurants in the new office towers being... Investment in textile sector promised KARACHI, Jan 5: The newly-elected chairman of All-Pakistan Textile Mills Association (Aptma) Mohammad Iqbal has pledged to pursue policies for injecting fresh investments in textile industry for improving quality of products and capacity building during his tenure.... Customs relief on footwear samples ISLAMABAD, Jan 5: The government has allowed manufacturers of footwear to import samples of raw material, products and articles without payment of customs duty. The decision was announced in a customs notification (SRO16) of 2008 issued here on Saturday.... Trucking Sector declared industry ISLAMABAD, Jan 5: The government has notified trucking sector as an industry as part of the National Trade Corridor Improvement Programme (NTCIP).... CFS rates fall KARACHI, Jan 5: The CFS rates on the Karachi Stock Exchange last week progressively fell from the 11-month high of 17.6 per cent to 11.2 per cent as demand for fresh... Malaysia rations cooking oil KUALA LUMPUR, Jan 5: Malaysia has slapped restrictions on cooking oil purchases after panic-buying triggered by rumours of price hikes caused severe shortages, reports said on Saturday.... Surging fuel prices to cut US airlines profits WASHINGTON, Jan 5: Rising fuel costs will be the main culprit cutting into US airlines’ profits this year, with credit market turmoil and slowing passenger demand also expected to hamper the industry worldwide.... Japanese firms see slowdown in economy TOKYO, Jan 5: Almost half of Japan’s major firms believe the economy is showing signs of slowing down, amid concerns about global oil prices and the US economy, a survey released on Friday said.... Active trading on cotton market KARACHI, Jan 5: Active trading was witnessed on the cotton market on Saturday as mills and spinners were not inclined to take even a technical breather fearing an imminent price flare-up... ECB ready to act against inflation WIESBADEN (Germany), Jan 5: The European Central Bank is ready to act against inflation dangers and prevent a wage-price spiral setting in as a result of current prices pressures, ECB President Jean-Claude Trichet said on Saturday.... Karachi Port operations KARACHI, Jan 5: Ten ships carrying containers and palm oil and to load cement, clinkers and naphtha are due to arrive at the outer anchorage on Sunday, according to KPT sources.... New KCA chairman KARACHI, Jan 5: Iqbal Umer was unanimously elected chairman of Karachi Cotton Association (KCA) on Saturday for 2007-08.... Karachi market rates KARACHI, Jan 5: The following were Saturday’s commodity market rates in rupees.... China’s per capita GDP to hit $3,000 BEIJING, Jan 5: China’s per capita GDP will reach $ 3,000 by 2010, a decade ahead of the schedule set by the 2002 Communist Party National Congress, a government think-tank expert said.... FPCCI slates SBP decision KARACHI, Jan 5: FPCCI president Tanvir Ahmed Sheikh has criticised the SBP act of reducing export finance, saying it will discourage exporters and adversely affect export growth and economy.... Fed to boost new auction amount for banks WASHINGTON, Jan 5: The Federal Reserve has announced that it is increasing the amount of money available to banks through the new auction process it created to ease America’s severe credit squeeze.... Gold strikes historic high LONDON, Jan 5: A weak dollar and political unrest sent oil surging past $100 for the first time and gold futures to an historic high, smashing a 28-year record, during the first trading week of 2008.... NY cotton futures end easier NEW YORK, Jan 5: Cotton futures finished softer on Friday on mild profit-taking as the market extended its pullback after its recent rally and brokers said prices may drift in a... US stocks dive in New York NEW YORK, Jan 5: US stocks plunged on Friday after data showed the weakest job creation since 2003 and a rise in unemployment to a two-year high, fueling recession fears.... Saudi Arabia sees higher food inflation RIYADH, Jan 5: Prices of food products, which account for the largest chunk of Saudis’ spending, may rise by up to 30 per cent in 2008 due to a drop in... Indian FM calls for lower interest rates NEW DELHI, Jan 5: India’s finance minister has called on banks to lower interest rates to keep Asia’s third-largest economy expanding strongly amid fears aggressive monetary tightening could slow growth.... Dollar falls after poor jobs report NEW YORK, Jan 5: The dollar fell on Friday as a disappointing US payrolls survey highlighted soft economic conditions that boosts the risk of recession and further rate cuts by the Federal Reserve....

Contributions Privacy Policy © DAWN Group of Newspapers, 2008