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DAWN - the Internet Edition  



October 06, 2006 Friday Ramazan 12, 1427

Business


Not one loan approved yet under Rozgar Scheme
KARACHI, Oct 5: Not a single loan application has been approved in the last one month of the launching of much-trumpeted “President’s Rozgar Scheme of National Bank of Pakistan” on September 6 by Gen Musharraf....
Complete Story
Callmate set to begin operations in Europe
KARACHI, Oct 5: Callmate Telips Telecom Limited (CTTL) -— a stock market listed company and the long distance and international (LDI) private operator in Pakistan -- which is currently reaching out...
Complete Story
Jewellers eyeing rush from next week
KARACHI, Oct 5: Gold dealers expect normal sales of jewellery in the upcoming marriage season that kicks off soon after Eidul Fitr. They rule out any negative impact of the increase in prices of essential items on ornament sales....
Complete Story
Pakistan to become regional hub of IT
ISLAMABAD, Oct 5: Prime Minister Shaukat Aziz has said Pakistan is geared to become regional hub of information technology and telecom business in view of availability of highly-skilled human capital, reduced cost of doing business and world-class infrastructure....
Complete Story


Bank shares lead as index gains another 112.27 points
KARACHI, Oct 5: Stocks on Thursday finished with an extended gain led by MCB and National Bank on active buying triggered by reports of their GDR listing on the London Stock Exchange and ABN AMRO and Prime Bank buyout talk....
Complete Story
Prices decline on cotton market
KARACHI, Oct 5: Cotton prices on Thursday showed a modest fall on selling by ginners triggered by reports of higher arrivals of phutti into ginneries....
Complete Story


Oil prices near $61 on output cut fears
LONDON, Oct 5: World crude prices leapt to within striking distance of $61 on Thursday after Opec president Edmund Daukoru said the oil cartel might hold an emergency meeting on whether to cut output....
Complete Story
Sri Lanka notifies cut in tariffs under FTA
ISLAMABAD, Oct 5: The Sri Lankan government has finally notified the second phase-out of tariffs on products other than those in their no-concession lists under the free trade agreement (FTA) with Pakistan, it is learnt....
Complete Story


ECB raises rates to 5-year high
PARIS, Oct 5: The European Central Bank notched up its key interest rates to their highest level in five years on Thursday and signalled another rate hike by the end of...
Complete Story
Romania invited to invest in energy field
ISLAMABAD, Oct 5: Minister for Petroleum and Natural Resources Amanullah Khan Jadoon on Thursday said there existed a lot of potential and opportunities for cooperation between Pakistan and Romania in the hydrocarbon and mineral sectors to the mutual advantage....
Complete Story
Super awards
KARACHI, Oct 5: Four Pakistanis are among the recipients of the Global Super Achievers Award-2006 of the Indira Group of Institute, Pune, India, says a press release....
Complete Story
Asian stocks sharply higher
HONG KONG, Oct 5: Asian stocks closed sharply higher on Thursday with investors following the upbeat mood on Wall Street where the Dow Jones again closed at a record high....
Complete Story


Port Qasim
KARACHI, Oct 5: Shipping activity was fairly brisk at the port where five ships scheduled to load and offload containers, coal, chemicals, and crude oil were arranged berthing at various terminals...
Complete Story
Karachi Port operations
KARACHI, Oct 5: Six ships carrying palm oil, containers and general cargo are due to arrive at the outer anchorage on Friday, according to KPT sources....
Complete Story


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