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DAWN - the Internet Edition  



January 16, 2007 Tuesday Zilhaj 25, 1427

Business


CNG sector attracts Rs44bn investment: No impact of oil price cut
KARACHI, Jan 15: The government’s decision to cut petrol price by Rs4 per litre from January 15 is not likely to impact the investment scene in the CNG sector....
Complete Story
Delay in relief package perturbs textile tycoons
KARACHI, Jan 15: Delay on the part of the government to announce relief and incentive package to textile industry on the recommendations of the National Textile Strategy Committee (NTSC) was causing anxiety and frustration amongst textile exporters....
Complete Story
KSE-100 index gains 82 points
KARACHI, Jan 15: Trading on the share market on Monday was resumed on a higher note as leading base shares again came in for active support under the lead of PTCL, OGDC, Pakistan Petroleum and some others....
Complete Story
SNGPL restores supplies
LAHORE, Jan 15: With weather improving, the Sui Northern Gas Pipeline Limited, has started restoring supplies to industrial units, bringing its curtailment down to 250 million cubic feet per day (MMCFD) from 450mmcfd two weeks ago....
Complete Story


US-S. Korea FTA talks
SEOUL, Jan 15: The United States and South Korea launched a fresh round of free trade talks on Monday amid tight security as local farmers and anti-globalisation activists vowed to go ahead with banned protests....
Complete Story
SBP monetary policy on Thursday
KARACHI, Jan 15: The State Bank of Pakistan will announce its monetary policy on Jan 18. The SBP will issue its first quarterly report of July-September 2006-07 on Jan 17, said a spokesman for the SBP, Syed Wasimuddin, on Monday....
Complete Story


PVMA urges cut in taxes on edible oil
ISLAMABAD, Jan 15: Pakistan Vanaspati Manufacturers Association (PVMA) has said that the government is eating up Rs18.77 per kg in terms of duty and taxes on edible oil and the price...
Complete Story
Transfer pricing rule deferred
KARACHI, Jan 15: The Karachi Stock Exchange (KSE) on Monday informed all listed companies and issuers of listed securities that the implementation/applicability of listing Regulation No 38 relating to Transfer Pricing has been deferred till June 30, 2007....
Complete Story


Euro climbs
LONDON, Jan 15: The euro edged higher against the dollar here on Monday, but fell to its lowest readings since August 2004 against the pound in response to higher British interest rates....
Complete Story
Oil prices steady awaiting Opec action
LONDON, Jan 15: World oil prices steadied Monday amid prospects that the Organisation of Petroleum Exporting Countries might cut production to prevent prices from falling further, dealers said....
Complete Story
Hectic buying on cotton market
KARACHI, Jan 15: Trading on the cotton market on Monday resumed on bullish note as spinners and mills made aggressive covering purchases amid fears of an imminent price flare-up based on a short crop....
Complete Story
Pakistan optimistic about outcome of WTO moot
LAHORE, Jan 15: Federal Commerce Minister Humayun Akhtar Khan expressed the hope on Monday that the upcoming mini-ministerial meeting of the World Trade Organization (WTO) being held in Davos on the...
Complete Story


IAPEX-2007 ends
KARACHI, Jan 14: The third international exhibition of home and building products, IAPEX-2007, organised by the Institute of Architects Pakistan, here at Karachi Expo Centre concluded on Sunday....
Complete Story
Rice export to Kenya resumes
KARACHI, Jan 15: Pakistan has resumed rice exports to Kenya after reaching an understanding with the country, which stopped cargoes on quality issues, trade officials said on Monday....
Complete Story
ICMAP’s exam results
KARACHI, Jan 15: The national council of Institute of Cost and Management Accountants of Pakistan (ICMAP) on Monday announced the results of Fall (Winter) 2006 examination....
Complete Story
Karachi Port operations
KARACH, Jan 15: Nine ships carrying jute bags, Chemicals and general cargo are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
Complete Story


Asian stocks higher
HONG KONG, Jan 15: Asian stocks followed Wall Street''s lead and closed sharply higher on Monday with Sydney, Mumbai and Wellington ending the day at all-time highs....
Complete Story
Malaysian palm oil up
BANGKOK, Jan 15: Malaysian crude palm oil futures rose on Monday on concerns that continued heavy rain and floods could hit supplies in the key southern growing region, dealers said....
Complete Story
European stocks climb
LONDON, Jan 15: European equities rose on Monday, with British industrial firm Smiths Group rocketing on the cash sale of its aerospace unit to General Electric for $4.8...
Complete Story
Karachi market rates
KARACHI, Jan 15: The following were Monday’s commodity market rates in rupees....
Complete Story




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