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| August 12, 2008 | Tuesday | Sha'aban 9, 1429 |
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US, Pakistan agree to revive talks on BIT
ISLAMABAD, Aug 11: Pakistan and the United States on Monday decided to revive the stalled negotiations on Bilateral Investment Treaty (BIT) and further strengthen controls against terrorism financing.... 
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Millers to discuss wheat issue today
KARACHI, Aug 11: Leaders of All Pakistan Flour Mills Association are meeting on Tuesday in Lahore to consider situation arising out of continued ban on inter-provincial wheat movement imposed by the...
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Rupee falls to record low against dollar
KARACHI, Aug 11: Political uncertainty has pushed the rupee to an all-time low against the dollar on Monday....
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Local car sales fall by 55pc
KARACHI, Aug 11: The sale of locally-produced cars fell by 55 per cent to 4,744 units in July as compared to 10,516 units during the same month of last year and 13,967 units sold in June 2008....
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38 units sick at Nooriabad estate
KARACHI, Aug 11: More than 64 per cent industrial units have become sick at Nooriabad due to a variety of reasons, including withdrawal of tax incentives, lack of water supply and slump in the textile sector....
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Textile tycoons lose hope for relief: Today’s ECC meeting postponed
KARACHI, Aug 11: Textile tycoons are losing all hopes to get cash subsidy on export of textile products in the current fiscal year after the scheduled meeting of Economic Coordination Committee...
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Oil prices slide
LONDON, Aug 11: Oil prices sank on Monday, erasing earlier gains on global demand fears, as traders set aside worries that fighting between Georgia and Russia would disrupt global energy supplies....
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Govt unlikely to accept private sector offers: Thermal power projects
ISLAMABAD, Aug 11: The government is unlikely to accept private sector offers to install thermal power projects of 1,500MW on a fast-track basis because of capacity constraints, higher tariffs and resultant economic unaffordability....
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Exports up 29.48pc in July
ISLAMABAD, Aug 11: Exports registered growth of 29.48 per cent in July 2008 over the same month last year....
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Tax amnesty for Pakistanis holding assets abroad
KARACHI, Aug 11: The Federal Board of Revenue (FBR) is considering allowing Pakistanis to declare their immovable assets held abroad and avail amnesty under the Investment Tax Scheme 2008....
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Govt urged to scrap ATTA
ISLAMABAD, Aug 11: The Afghan Transit Trade Agreement (ATTA) is harming the industry in Pakistan for decades and, therefore, it should either be immediately scrapped or suitably amended to save local manufacturing sector....
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KSE 100-share index gains 262 points
KARACHI, Aug 11: The share market closed with an extended gain on Monday as investors continued to build up long positions at attractively lower levels, aided by strong presence of the...
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Draft takeover rules publicised
ISLAMABAD, Aug 11: The Securities and Exchange Commission of Pakistan is seeking stakeholders opinion on the draft of the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2008....
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Businessmen express neutrality in politics
KARACHI, Aug 11: Senior leaders of Businessmen Group on Monday expressed their complete neutrality in national politics while maintaining that their stance was in the supreme interest of the group and...
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Cotton prices fall by Rs100 per maund
KARACHI, Aug 11: Cotton prices eased further by Rs100 per maund on Monday from the recent highs as ginners indulged in near-panic selling, fearing a further decline after the end of their strike....
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Karachi Port operations
KARACHI, Aug 11: Eight ships carrying containers and coal and to load cement and ethanol are expected to arrive at the outer anchorage on Tuesday, according to KPT sources....
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Port Qasim
KARACHI, Aug 11: Four ships scheduled to load/offload containers, cement and palm oil were accommodated berths during the last 24 hours, said PQA press release on Monday....
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Malaysian palm oil lower
KUALA LUMPUR, Aug 11: Malaysian crude palm oil futures fell as much as 4.3 per cent to a new 10-month low on Monday, as faltering energy and vegetable oil markets encouraged a sell-off, despite good export data from cargo surveyors....
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Asian stocks close mostly higher
HONG KONG, Aug 11: Asian shares closed mostly higher on Monday after a Wall Street rally sparked by lower oil prices, but a plunge of more than five percent in the ailing Chinese stock market took centre stage....
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Karachi market rates
KARACHI, Aug 11: The following were Monday commodity market rates in rupees....
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