Business

    Declining fish exports: Efforts afoot to explore new markets

    KARACHI: In order to nullify the adverse impact of European Union’s (EU) ban on exports from Pakistan, the seafood sector is engaged in exploring new markets as well as enhancing the export volume to the existing markets.


    No notification wheat price issued

    KARACHI: The notification of increase in the purchasing price of wheat has not been issued, the old notification of wheat purchasing still stands valid in Sindh.
    The sources told Geo News that Prime Minister Yousuf Raza Gilani announced the raise of Rs115 in the previous wheat price.

Dollar pauses as dealers await US data

Apr 2nd, 2008 | By Sindh Today | Category: Business

The dollar was little changed in Asian trade on Wednesday, pausing after a strong rally sparked by hopes of an easing of recent gloom on Wall Street, dealers said.



SBP sells 15.5bn rupees of T-bills

Apr 2nd, 2008 | By Sindh Today | Category: Business

The State Bank of Pakistan (SBP) sold 15.5 billion rupees ($247 million) of Treasury bills on Wednesday at 8.9 percent under three-day repo contracts to mop up funds from the money market.



Indian petroleum minister to arrive in Pakistan on Thursday

Apr 2nd, 2008 | By Sindh Today | Category: Business

ISLAMABAD: Indian petroleum minister Murli Deora will visit Pakistan on Thursday to discuss the much-debated $7 billion Iran-Pakistan—India (IPI) gas pipeline project.



Privatisation program to be made people, workers friendly: Qamar

Apr 2nd, 2008 | By Sindh Today | Category: Business

ISLAMABAD, Apr 1 (APP): The Privatisation Program will be made people and workers friendly, which will contribute to the overall economy by generating more taxes and employments, increasing production and improving quality and efficiency.



World Bank (WB) to continue cooperation with Pakistan

Apr 2nd, 2008 | By Sindh Today | Category: Business

ISLAMABAD: The World Bank would continue to be a strategic development partner and would work with Pakistan to sustain economic development, reduce poverty and achieve economic stability and welfare of the people of Pakistan.



Two session of high level trade officials of D-8 to start on Thursday

Mar 26th, 2008 | By Sindh Today | Category: Business

ISLAMABAD, Mar 26: Ninth session of high level trade officials of developing countries (D-8) will start here on Thursday.



WTO members identify barriers in trade with Pakistan

Mar 22nd, 2008 | By Sindh Today | Category: Business

ISLAMABAD: During Pakistan Trade Policy Review at World Trade Organisation (WTO), many WTO members expressed their observations on Pakistan’s trade and economic policies and suggested ways for improvement.



Asian stocks close higher on Wall Street in quiet trade

Mar 22nd, 2008 | By Sindh Today | Category: Business

HONG KONG: Asian stocks closed sharply higher on Friday with the few benchmarks opened for trade riding on the back of a solid overnight performance by Wall Street.
US shares rebounded strongly Thursday as part of roller-coaster action on Wall Street, with speculative fever fading in commodities trade ahead of a long Easter weekend.