Low Graphics Site

April 09, 2008 Wednesday Rabi-us-Sani 2, 1429 Philip Morris investment blows up in smoke KARACHI, April 8: On Monday, Lakson Tobacco Company unveiled results for the six months ended on December 31, 2007, posting after-tax profit at Rs471 million. Those marked the first of the... Fate of first agro-processing zone in the doldrums KARACHI, April 8: The fate of country’s first agro-processing zone, launched by the Sindh government early last year, is in the doldrums, as development work remains suspended for the last six months.... Most South Asian states may miss MDG targets ISLAMABAD, April 8: A new World Bank-IMF report on Tuesday warned that most countries in South Asia would fall short of targets fixed in line with the Millennium Development Goals (MDGs)... Rupee falls on higher demand from importers KARACHI, April 8: The Pakistani rupee weakened against the dollar on Tuesday on higher demand from importers, particularly for oil payments, but dealers said the local unit should hold steady in days ahead.... Move to help check bogus vehicle registration KARACHI, April 8: The Sindh Excise and Taxation Department has sought cooperation of Customs to check bogus registration of imported vehicles.... US mortgage crisis likely to cost $945bn worldwide WASHINGTON, April 8: The International Monetary Fund said Tuesday the worldwide losses stemming from the US subprime mortgage crisis could hit 945 billion dollars as the impact spreads in the global economy.... WTO meeting likely in May PARIS, April 8: Negotiators have made progress towards a global trade liberalisation accord under the Doha round and a meeting of world trade ministers could now be held in May, the head of the WTO said on Tuesday.... Stocks show mixed reaction to CFS Mk-II KARACHI, April 8: Stocks turned mixed on Tuesday as investors had an overview of the CFS Mk-II, which made its debut a day earlier, ensuring enormous funds for the prospective investors in the share business, analysts said.... Oil flirts with record highs LONDON, April 8: Oil prices dropped on profit-taking on Tuesday after trading close to record high points as the market reacted to tight supplies, traders said.... PM wants govt borrowing reduced ISLAMABAD, April 8: Prime Minister Syed Yusuf Raza Gilani on Tuesday called for lowering excessive government borrowing to reduce inflationary pressures.... Cement prices rise as industry enjoying boom KARACHI, April 8: Cement prices continue to rise in the markets as dealers charge Rs290-295 per 50 kg bag for Falcon brand as compared to Rs280-285 in the last week of March.... Prices remain stable on cotton market KARACHI, April 8: Prices on the cotton market remained stable around the previous level on Tuesday but some fine lots were traded higher, touching the season’s peak around Rs3,550 per maund.... Karachi Port operations KARACHI, April 8: Four ships carrying containers, general cargo and to load cement are due to arrive at the outer anchorage on Wednesday, according to KPT sources.... Port Qasim KARACHI, April 8: Three ships carrying containers and furnace oil were allotted berths during the last 24 hours, said a PQA press release on Tuesday.... Dollar stays firm against euro LONDON, April 8: The dollar held its ground against the euro here on Tuesday ahead of the publication of minutes from the US Federal Reserve’s March meeting and on expectations the... More LPG stations to be set up ISLAMABAD, April 8: Federal Minister for Petroleum and Natural Resources Khawaja Muhammad Asif has said that the government will promote more local LPG production and the setting up of LPG auto gas stations for vehicles in the country.... China Mobile launches Zong KARACHI, April 8: China Mobile launched its first international brand Zong simultaneously across Pakistan and Azad Jammu and Kashmir last week end.... Indian tea exports dip on low demand MUMBAI, April 8: India’s tea exports during the first two months of 2008 fell 12.4 per cent due to lower demand from Pakistan and Iraq and rising domestic consumption, a senior Tea Board official said on Tuesday.... Asian stocks close mostly down HONG KONG, April 8: Asian stocks closed mostly down on Tuesday as concerns grew about corporate profits amid a faltering US economy and rising inflation, with attention also turning to a key upcoming G7 meeting.... Palm oil prices steady KUALA LUMPUR, April 8: Malaysian crude palm oil futures were little changed on Tuesday on steady global vegoil prices but traders were on the lookout for a possible port strike in Indonesia that could paralyse shipments from the world’s largest producer.... Karachi market rates KARACHI, April 8: The following were Tuesday commodity market rates in rupees....

Contributions Privacy Policy © DAWN Media Group , 2008