|
| June 20, 2008 | Friday | Jamadi-us-Sani 15, 1429 |
|
New wave of price hike to hit consumers
KARACHI, June 19: Prices of various consumer items are expected to go up further next month as impact of various budgetary measures is reflected in values at the retail end.... 
|
|
Govt expects to earn Rs82bn in FY09 dividend
KARACHI, June 19: The government expects to earn dividend of Rs82 billion for the financial year 2008-09, from its investment in the stock market. Holder of almost half of the market, the government supplemented its income through dividend earnings of Rs78.7...
|
|
||
|
China raises oil, power prices
BEIJING, June 19: China will raise petrol and diesel prices from Friday, the official Xinhua news agency reported, quoting the country’s top economic planner....
|
|
Bid to evade Rs1.2m duty foiled
KARACHI, June 19: A loss of about Rs1.2 million through evasion of duty and taxes to the national exchequer by mis- declaration of an imported item has been averted....
|
|
|
||
|
Stocks plunge by another 390 points
KARACHI, June 19: The Karachi Stock Exchange (KSE) 100-share index took another massive plunge of 3.18 per cent or 390.12 points at 11,870.85 on Thursday as investors tried to get out...
|
|
Farm credit off-take up 30pc
KARACHI, June 19: The combined total disbursement of agriculture credit by the commercial and specialised banks jumped by 30.39 per cent at Rs184.892 billion during the first 11 months (July-May) of 2007-08 as compared to Rs141.798...
|
|
|
||
|
Rupee weakens, money rates rise
KARACHI, June 19: The rupee weakened 0.7 per cent against the dollar on Thursday as dealers said demand for dollars emerged from importers making payments....
|
|
Reserves fall to $10.91bn
KARACHI, June 19: Pakistan’s foreign reserves fell by $44 million to $10.91 billion in the week that ended on June 14, said the central bank on Thursday....
|
|
|
||
|
Provisions made for Rs70bn Balochistan budget
KARACHI, June 19: Balochistan leadership hopes to receive about Rs50 billion from the federal government next fiscal year. They also expect to get some concessions on servicing of State Bank’s overdraft now being converted into a soft loan....
|
|
PC advice to tax stocks, real estate ignored
ISLAMABAD, June 19: Official planners have asked the PPP-led coalition government to implement the recommendations of the Planning Commission to enhance exports aimed at reducing rising trade gap....
|
|
|
||
|
Gilani seeks enhanced access to EU markets
ISLAMABAD, June 19: Prime Minister Syed Yousuf Raza Gilani said on Thursday that Pakistan was looking for an increased access to the European Union markets to accelerate the economic development of the country....
|
|
Govt plans to carry out major mining projects
RAWALPINDI, June 19: Although there is uncertainty and law and order situation in certain areas of the NWFP and Balochistan, the government plans to carry out major mining projects during the...
|
|
|
||
|
Listless trading on cotton market
KARACHI, June 19: Quietly steady conditions prevailed on the cotton market on Thursday as leading spinners and mills remained conspicuous by their absence anticipating fall in the prices....
|
|
Family Takaful products
KARACHI, June 19: Pak-Qatar Family Takaful Limited has launched its individual family Takaful products — Share & Care — Savings Takaful and ABC — Education Takaful plans....
|
|
|
||
|
Karachi Port operations
KARACHI, June 19: Five vessels carrying containers and general cargo are due to arrive at the outer anchorage on Friday, according to KPT sources....
|
|
Port Qasim
KARACHI, June 19: Four ships scheduled to load/offload containers, palm oil and chemicals were accommodated berths during the last 24 hours, said a PQA press release on Thursday....
|
|
|
||
|
‘Heavy taxes to raise cost of production’
LAHORE, June 19: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday said heavy taxation would increase the cost of production and hit exports by rendering local products uncompetitive on world markets....
|
|
Double tax on leather flayed
KARACHI, June 19: Pakistan Leather Garments Manufacturers and Exporters Association (Plgmea) has criticised double tax on leather garment industry at the import and export stage....
|
|
|
||
|
Business Forum
KARACHI, June 19: The Federation of Pakistan Chambers of Commerce and Industry is organising 3rd Business Forum and Buyers Sellers Meeting on Auto Industry on July 25 on the sidelines of ECO Trade Fair at Karachi....
|
|
Haier Ruba team visits BoI
ISLAMABAD, June 19: A delegation of Haier Ruba of China visited Investment division and Board of Investment on Thursday and discussed ways and means to promote business promotion....
|
|
|
||
|
Asian stocks slide, China plummets over 6pc
HONG KONG, June 19: Asian stocks tumbled on Thursday with Shanghai sliding over six per cent following Wall Street losses triggered by fresh jitters about soaring oil prices and the global credit crunch....
|
|
Gold boosted by weak dollar
LONDON, June 19:Gold climbed to its highest level in more than a week on Thursday as the weakening dollar added impetus to investors buying the precious metal to protect their assets against inflation....
|
|
|
||
|
Palm oil hits 1-week low
KUALA LUMPUR, June 19: Malaysian crude palm oil futures lost 1.7 per cent to hit a one-week low on Thursday on fears of swelling stocks amid slowing overseas demand....
|
|
Karachi market rates
KARACHI, June 19: The following were Thursday commodity market rates in rupees....
|
|
|
||
