Archive for the ‘Business’ Category

Cotton arrivals at ginneries register 8.52 pc shortfall

Cotton arrivals at ginneries register 8.52 pc shortfall

MULTAN: The cotton crop arrivals at the ginneries across the country have been recorded at 11.352 million bales up to May 1, 2008, showing a shortfall of 8.52 percent as compared to last year. Last year, arrivals on May 1 stood at 12.410 million bales. Initially, the official production target for the current season was [...]

May 4, 2008 Business 0 Comments

Pakistan Steel shares to be sold soon

KARACHI, May 3: Syed Naveed Qamar, Federal Minister for Industries, Production, Privatisation, Ports and Shipping on Saturday said ten percent shares of Pakistan Steel Mills will soon be off-loaded in stock market to finance PSM modernisation and expansion plan.

May 4, 2008 Business 0 Comments

KSE 100 Index loses 165.65 points on Friday

KARACHI, May 2: Selling pressure persisted at Karachi Stock Exchange as its 100 Index shed another 165.65 points to close at 14956.82 on Friday, said a dealer. Mohammad Hasnain, associated with a local brokerage house said uncertain political situation had its across the board repercussion on the local bourse. Lackluster approach was registered in both [...]

May 2, 2008 Business 0 Comments

Silk Route Dry Port at Sost starts business operations with new management

ISLAMABAD, May 2 – Pakistan and China have re?opened border for trade and tourism at Khunjrab from May 1. According to a statement issued by the Management of the Silk Route Dry Port, the port has also started its business operations with the taking over of the new management of the port at Sost (Upper [...]

May 2, 2008 Business 0 Comments

Islamabad Stock Exchange-10 index down by 27.08 points

ISLAMABAD, May 2 – Islamabad Stock Exchange witnessed a bearish trend here on Friday, as the ISE?10 index was down by 27.08 points to close at 3174.22 in today

May 2, 2008 Business 0 Comments

Lahore Stock Exchange sheds 29 points

LAHORE, May 2 – The Lahore Stock market witnessed bearish trend on Friday as LSE-25 index lost 29.10 points to settle at 4619.40

May 2, 2008 Business 0 Comments

Kitchen items prices up by 0.34 per cent

ISLAMABAD, May 2 – The Sensitive Price Indicator (SPI), for the week ended on April 30, for the lowest income group up to Rs.3,000, has registered increase of 0.34 per cent over the previous week. The SPI for the week under review in the above mentioned group was recorded at 194.29 as against 193.63 registered [...]

May 2, 2008 Business 0 Comments

EDB starts work on establishing auto clusters

ISLAMABAD, May 2 – Engineering Development Board (EDB) has initiated work to establish two auto clusters at Sheikhupura and Karachi under Auto Industry Development Plan (AIDP), spokesman of the Board said here on Friday.

May 2, 2008 Business 0 Comments

Islamic states agreed for rapid promotion of trade

LAHORE, May 1 – Islamic countries unanimously agreed at the 3-day

May 1, 2008 Business 0 Comments

Pakistan Chamber, USA delegation calls on Sindh Governor

KARACHI, May 01 – Sindh Governor, Dr. Ishrat-ul-Ebad Khan has said the government is focusing on all resources of power generation and in this regard projects to benefit from Alternate Energy and Thar coal field are included in our priorities.

May 1, 2008 Business 0 Comments
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