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| May 20, 2007 | Sunday | Jamadi-ul-Awwal 03, 1428 |
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Foreign investment reaches $6 billion
KARACHI, May 19: Rising foreign investment in Pakistan is setting new records with each passing day, reflecting attraction and opportunity attached with the growing economy.... 
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Attractive PSDP envisaged for election year: Planners meeting tomorrow
KARACHI, May 19: Being an election year, the year 2007-08 is proving a real hard test for the bureaucrats and planners, who are working overtime to prepare what an official source...
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Oil producers adopt cautious approach
RIYADH, May 19: Notwithstanding the growing calls for increasing the global crude output, producers seem to be cautious – somewhat confused and nervous -- and indeed for definite reasons....
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Flour prices increase as govt allows wheat export
KARACHI, May 19: Consumers may see an increase in prices of various varieties of flour by Re1 per kg following an increase in the price of an 80 kg atta bag to Rs1,110-1,120 from Rs1,070-1,090....
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Committee blames govt for textile industry crisis
ISLAMABAD, May 19: The National Assembly Standing Committee on Textile Industry on Saturday came down hard on the ministries of finance, food, agriculture and livestock and petroleum and natural resources for...
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NEC to set PSDP at Rs535bn for 2007-08
ISLAMABAD, May 19: The National Economic Council (NEC) is likely to set the size of the next year''s Public Sector Development Programme at Rs535 billion, about 25 per cent above the PSDP of the outgoing financial year....
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Iran assures removal of trade hurdles
QUETTA, May 19: Governor General of Iranian Province of Sistan Dr Habibullah Dhamardha has assured Pakistan business community of resolving all problems currently hampering bilateral trade between the two countries....
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G11 states to cooperate with G8
SHUNEH (Jordan), May 19: G11 developing countries agreed at a summit on Saturday on a framework to push for cooperation with G8 industrialised nations to ease their debts and build prosperous economies....
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Iraq still hopeful of agreement on oil law
DEAD SEA, Jordan, May 19: Iraq is still hopeful of agreeing on a draft oil law this month that would allow parliament to pass it soon, Deputy Prime Minister Barham Salih said on Saturday....
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CFS investment picks up
KARACHI, May 19: The CFS investment on the Karachi Stock Exchange last week showed an increase of two per cent as the demand for funds in a rising market was said...
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Search for new WB chief
WASHINGTON, May 18: The United States vowed on Friday to quickly find a successor to disgraced World Bank chief Paul Wolfowitz, leaving open the possibility of naming a non-American in a break from a much criticised tradition....
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Hotel operators
ALGIERS, May 19: Algeria is looking for international hotel operators to run the two best-known hotels in the capital Algiers under renewable 30-year contracts, the government said on Saturday....
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Prices stay firm on cotton market
KARACHI, May 19: Cotton market on Saturday resisted fresh decline as ginners firmly held on to their unsold positions and did not accept lower offerings by the spinners....
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Flower farms planned to boost export
ISLAMABAD, May 19: The Pakistan Horticulture Development and Export Board (PHDEB) has developed a plan to establish Floriculture Common Facility Farms (FCFF) in each province to enable farmers grow export quality flowers on large scale....
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Karachi Port operations
KARACHI, May 19: Four ships carrying containers and crude oil are due to arrive at the outer anchorage during the next two days, according to KPT sources....
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Port Qasim
KARACHI, May 19: Five ships carrying containers, chemicals and iron ore were accommodated berths during the last 24 hours, said a PQA press release on Saturday....
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Commodities rattled by supply woes, strong US dollar
LONDON, May 19: The prices of many raw materials, including crude oil, cocoa and coffee, jumped this week on concerns over tight supplies, but metals lost their shine as the US dollar strengthened....
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G8 calls for rapid accord on Doha trade talks
POTSDAM (Germany), May 19: G8 Finance Ministers on Saturday called for agreement on the Doha round of WTO trade talks “as soon as possible”. “We firmly believe that all participants have...
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