|
| July 19, 2008 | Saturday | Rajab 15, 1429 |
|
Steps to better quality of products proposed¨ Trade Policy 2008-09
ISLAMABAD, July 18: The government on Friday announced a number of measures in its trade policy for 2008-09 to improve competitiveness and quality of products, and to develop small and medium sized sector to increase its share in total exports.... 
|
|
Imports allowed to cut cost of doing business
ISLAMABAD, July 18: The government on Friday allowed import of used vehicles of different brands for industries, public delivery services organisations and used machinery to reduce the cost of doing business....
|
|
||
|
‘Policy lacks measures to promote exports’
KARACHI, July 18: Trade and industry leaders have expressed resentment over the Trade Policy 2008-09, which they say totally lacked measures and a proper roadmap badly needed to promote the export trade....
|
|
Minister assures review of gas tariff
ISLAMABAD, July 18: Finance Minister Syed Naveed Qamar has said that the government will review the latest power and gas related tariff applicable to textile industry’s captive power plants....
|
|
|
||
|
Fish exports cross $200 million
KARACHI, July 18: The fish export crossed the barrier of $200 million in 2007-08 for the first time in Pakistan’s history despite losing the European market of $55-60 million after a ban was imposed by the EU in April 2007....
|
|
Textile leaders now pin hopes on PM’s address
KARACHI, July 18: Textile industry leaders still pin their hopes on the prime minister’s address to the nation for the much-awaited financial assistance on exports of textile products as the federal...
|
|
|
||
|
Oil rallies
LONDON, July 18: Oil prices rallied slightly on Friday after three days of heavy falls that pulled the market down by $15 on worries over economic growth and slowing demand, traders said....
|
|
Long-term industrial policy suggested
ISLAMABAD, July 18: Official planners have proposed to the government to firm up and approve a long-term industrial policy early with clear goals, targets and sector-specific incentives to attract sizable investment in the weakening engineering sector....
|
|
|
||
|
Bids likely for LCDC privatisation
KARACHI, July 18: The Privatisation Commission will soon invite bids for sale of Lakhra Coal Development Corporation (LCDC) set up in 1992 near Jamshoro for mechanised mining....
|
|
Sharp hike in world farm output urged
UNITED NATIONS, July 18: UN chief Ban Ki-moon on Friday called for a sharp hike in world farm output, warning that high food and fuel prices threatened much of the progress made in reaching global poverty-reduction targets....
|
|
|
||
|
Stock market shows 21.86 points gain
KARACHI, July 18: The crisis-ridden stock market on Friday showed signs of recovery in response to some emergency measures taken by the Karachi Stock Exchange (KSE) authorities to put it back...
|
|
European stocks up
LONDON, July 18: European stocks got a boost on Friday from a better-than-expected earnings report by battered US banking giant Citigroup, which also gave a modest lift to Wall Street but came too late for Asia....
|
|
|
||
|
Cotton prices rise on pest attack fears
KARACHI, July 18: Cotton prices on Friday were quoted further higher by Rs25 for the second session in a row followed by reports of holding back of phutti stocks by the growers, market sources said....
|
|
Karachi Port operations
KARACHI, July 18: Four ships carrying containers, diesel oil and to load naphtha are expected to arrive at the outer anchorage on Saturday, according to KPT sources....
|
|
|
||
|
Port Qasim
KARACHI, July 18: Five ships carrying containers, palm oil, diesel oil and chemicals were berthed on during the last 24 hours, said a PQA press release on Friday....
|
|
Cathay traffic
KARACHI, July 18: Cathay Pacific and Dragonair carried a total of 2,123,462 passengers in June, an increase of 12.7 per cent over the same month in 2007....
|
|
|
||
|
Asian stocks close mostly down
HONG KONG, July 18: Asian shares closed mostly down on Friday as bargain hunters retreated despite sharply lower oil prices and a Wall Street surge, with high inflation and US economic woe looming large....
|
|
Malaysian palm oil slips
KUALA LUMPUR, July 18: Malaysia crude palm oil futures tumbled 2.2 per cent on Friday to a more than two month low, as softer crude oil prices dampened prospects for vegetable oil-based biofuels, which could curtail overall demand further....
|
|
|
||
|
Karachi market rates
KARACHI, July 18: The following were Friday commodity market rates in rupees....
|
| |
|
|
||
