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Print - 2004-07-22
Sri Lankan stocks climb on hopes of peace

Sri Lankan stocks climb on hopes of peace

Sri Lankan stocks ended higher on Wednesday after the head of the government's peace secretariat met his Tamil rebel counterpart, prompting hopes for a restart to the stalled peace process, brokers said.
Published 22 Jul, 2004 12:00am
Thai stocks rise on energy and telecoms

Thai stocks rise on energy and telecoms

Thai stocks rose 1.59 percent on Wednesday as concerns about the directions of domestic and US interest rates eased and stronger markets overseas boosted buying in energy and telecommunications stocks, analysts said.
Published 22 Jul, 2004 12:00am
Taiwan stocks close firmer

Taiwan stocks close firmer

Taiwan stocks closed up 1.57 percent on Wednesday, with tech heavyweights like UMC leading a rebound from a near one-year low after Federal Reserve Chairman Alan Greenspan said US economic growth remains solid.
Published 22 Jul, 2004 12:00am
Philippines stocks led by PLDT

Philippines stocks led by PLDT

Philippines stocks finished higher for the first time in three days on Wednesday as investors bought selected blue chips, including telecoms sector leader Philippine Long Distance Telephone Co (PLDT).
Published 22 Jul, 2004 12:00am
Hong Kong stocks rally over two percent

Hong Kong stocks rally over two percent

Hong Kong stocks gained over two percent in active trade on Wednesday spurred by market soothing comments from Fed chief Chairman Alan Greenspan and solid earnings from top US technology companies.
Published 22 Jul, 2004 12:00am
US stocks surge after Greenspan's upbeat remarks

US stocks surge after Greenspan's upbeat remarks

US stocks climbed on Tuesday, bolstered by strong results from companies like Corning Inc and moderately upbeat comments from US Federal Reserve Chairman Alan Greenspan.
Published 22 Jul, 2004 12:00am
Jakarta stocks at two-week high

Jakarta stocks at two-week high

Jakarta stocks ended at a two-week high on Wednesday, inspired by gains in regional bourses, but the outlook was overshadowed by domestic political uncertainty due to a long election process.
Published 22 Jul, 2004 12:00am
Singapore shares finish with slight gains

Singapore shares finish with slight gains

Singapore blue chips were up 0.42 percent at the close on Wednesday, buoyed by a rebound in recently battered technology stocks such as Chartered Semiconductor Manufacturing.
Published 22 Jul, 2004 12:00am
Indian stocks rally on trading tax revision

Indian stocks rally on trading tax revision

Indian shares rallied to a near-two-month closing high on Wednesday as investors cheered the government's decision to scale back a controversial tax that had dogged trade since July 8, when the federal budget was presented.
Published 22 Jul, 2004 12:00am
US Treasury prices drop

US Treasury prices drop

US Treasuries prices slid on Tuesday as traders interpreted Fed Chairman Alan Greenspan's optimism on the economy as a signal that the central bank could raise interest rates more quickly than anticipated.
Published 22 Jul, 2004 12:00am
US Treasury prices drop

US Treasury prices drop

US Treasuries prices slid on Tuesday as traders interpreted Fed Chairman Alan Greenspan's optimism on the economy as a signal that the central bank could raise interest rates more quickly than anticipated.
Published 22 Jul, 2004 12:00am
Nikkei jumps 1.5 percent after tech stocks rebound

Nikkei jumps 1.5 percent after tech stocks rebound

Tokyo's Nikkei average closed a slow trading day up 1.5 percent on Wednesday after a jump in US stocks encouraged investors to buy back techs including Hoya Corp, reversing the previous day's falls.
Published 22 Jul, 2004 12:00am
Malaysian shares soar on Greenspan's sentiment

Malaysian shares soar on Greenspan's sentiment

Malaysian shares finished slightly up on Wednesday, with sentiment boosted by Federal Reserve Chairman Alan Greenspan's upbeat comments about the economy.
Published 22 Jul, 2004 12:00am
Bangladeshi taka eases on import needs

Bangladeshi taka eases on import needs

The Bangladeshi taka eased against the US currency for a third straight session on Wednesday after banks bought dollars to cover imports of fuel oil and industrial raw materials, dealers said.
Published 22 Jul, 2004 12:00am
Chinese yuan notches weaker

Chinese yuan notches weaker

The yuan ended a notch weaker versus the US dollar at 8.2766 on Wednesday, near the stronger end of its trading range.
Published 22 Jul, 2004 12:00am
Indian rupee slips for third straight day

Indian rupee slips for third straight day

The Indian rupee ended lower for the third straight day on Wednesday, dragged down by dollar buying by importers in a market nervous about robust growth prospects which could impact the pace of foreign capital inflows.
Published 22 Jul, 2004 12:00am
Dollar firms as Fed upbeat on economy

Dollar firms as Fed upbeat on economy

The dollar firmed on Wednesday, keeping gains made after Federal Reserve Chairman Alan Greenspan said US economic growth was solid, which reinforced expectations of a steady rise in interest rates.
Published 22 Jul, 2004 12:00am
Dollar rallies on Greenspan's upbeat economic tone

Dollar rallies on Greenspan's upbeat economic tone

The dollar climbed against most major currencies on Tuesday, after Federal Reserve Chairman Alan Greenspan said US economic growth was solid and inflation was not a threat.
Published 22 Jul, 2004 12:00am
Asian currencies mostly weaker against US dollar

Asian currencies mostly weaker against US dollar

Asian currencies were mostly weaker against the dollar on Wednesday after Federal Reserve Chairman Alan Greenspan sounded upbeat on the US economy, although stock market gains helped lift the South Korean won.
Published 22 Jul, 2004 12:00am
Hong Kong dollar weakens on fund outflows

Hong Kong dollar weakens on fund outflows

The Hong Kong dollar weakened on Wednesday as funds continued to flow out of the territory, forcing the de facto central bank to step in three times to defend the currency's peg to the US dollar.
Published 22 Jul, 2004 12:00am
Lara queries England reliance on Harmison

Lara queries England reliance on Harmison

West Indies captain Brian Lara said England's dependence on in-form Durham quick Stephen Harmison could be a weakness during the forthcoming four Test series which gets underway at Lord's here on Thursday.
Published 22 Jul, 2004 12:00am
Defeat 'self inflicted': Woolmer

Defeat 'self inflicted': Woolmer

Pakistan's seven-wicket defeat against Sri Lanka in an Asia Cup second phase match was self inflicted, their coach Bob Woolmer said on Wednesday.
Published 22 Jul, 2004 12:00am
Tendulkar inspires India to eight-wicket win

Tendulkar inspires India to eight-wicket win

Sachin Tendulkar shone with both bat and ball to help India to an easy eight-wicket win over Bangladesh in the Asia Cup super league match here on Wednesday.
Published 22 Jul, 2004 12:00am
Pakistan crash to lowest total, lose to Sri Lanka

Pakistan crash to lowest total, lose to Sri Lanka

Pakistan crashed to their lowest-ever total against Sri Lanka before suffering a seven-wicket defeat in their opening Asia Cup super-league match here on Wednesday.
Published 22 Jul, 2004 12:00am
Sri Lankan rebels say ready for war if provoked

Sri Lankan rebels say ready for war if provoked

Sri Lanka's Tamil Tiger rebels would not hesitate to resume hostilities if the government provoked them, but have no intention of breaking a cease-fire that has held for 20 months, the group said on Wednesday.
Published 22 Jul, 2004 12:00am
China snubs Singapore trade delegation, spat deepens

China snubs Singapore trade delegation, spat deepens

A diplomatic spat between China and Singapore deepened on Wednesday after Beijing delayed an invitation to a Singaporean trade delegation to protest a visit by Singapore's future prime minister to Taiwan.
Published 22 Jul, 2004 12:00am
'Mercenaries' trial postponed in Zimbabwe

'Mercenaries' trial postponed in Zimbabwe

The trial of 70 suspected mercenaries accused in Zimbabwe of plotting a coup in oil-rich Equatorial Guinea was postponed on Wednesday until the following day to give the defence more time to prepare.
Published 22 Jul, 2004 12:00am
Kirkuk Kurds should reclaim land: Iraqi president

Kirkuk Kurds should reclaim land: Iraqi president

Iraq's Kurds have a "natural right" to reclaim their old land in the northern city of Kirkuk after being driven out by Saddam Hussein, interim Iraqi President Ghazi al-Yawar said on Wednesday.
Published 22 Jul, 2004 12:00am
Chilean former dictator Pinochet faces fraud charges

Chilean former dictator Pinochet faces fraud charges

Augusto Pinochet faced charges Tuesday over secret multimillion-dollar US bank accounts, possibly tainting with fraud the Chilean ex-dictator known for human rights abuses but thought to be un-corrupt.
Published 22 Jul, 2004 12:00am
Eiffel Tower evacuated after anonymous warning

Eiffel Tower evacuated after anonymous warning

French authorities rushed thousands of tourists out of the Eiffel Tower Wednesday after receiving an anonymous warning of an undisclosed threat, the management of the Paris landmark said.
Published 22 Jul, 2004 12:00am
US to develop drugs against bio-terror

US to develop drugs against bio-terror

President George W. Bush signed legislation on Wednesday aimed at encouraging the development of drugs and vaccines to negate the impact of attacks using biological and chemical weapons.
Published 22 Jul, 2004 12:00am
Japan and South Korea to extend North Korea aid

Japan and South Korea to extend North Korea aid

Japanese Prime Minister Junichiro Koizumi and South Korean President Roh Moo-hyun pledged on Wednesday to extend aid to North Korea once communist Pyongyang halted its nuclear arms programmes.
Published 22 Jul, 2004 12:00am
Germany issues fresh call for Indian high-tech experts

Germany issues fresh call for Indian high-tech experts

German Foreign Minister Joschka Fischer launched a fresh bid to recruit Indian professionals on Wednesday, pledging that a new immigration law would make Germany a winning alternative for the best brains.
Published 22 Jul, 2004 12:00am
Berger steps aside as Kerry adviser

Berger steps aside as Kerry adviser

Former national security adviser Samuel Berger, under investigation for removing classified documents from the National Archives, stepped aside on Tuesday as an informal adviser to Democratic presidential candidate John Kerry.
Published 22 Jul, 2004 12:00am
Indian 'wanted' coal minister missing

Indian 'wanted' coal minister missing

Police scoured the Indian capital Delhi Wednesday to arrest the national coal minister for his alleged involvement in a 1975 massacre, as bedlam erupted in parliament over the missing politician.
Published 22 Jul, 2004 12:00am
Palestinian MPs demand Arafat move on reform

Palestinian MPs demand Arafat move on reform

The Palestinian parliament on Wednesday urged President Yasser Arafat to accept his prime minister's resignation and appoint a government empowered to carry out reforms and halt a descent into anarchy.
Published 22 Jul, 2004 12:00am
Israel vows to push ahead despite UN resolution

Israel vows to push ahead despite UN resolution

Israel said Wednesday it was determined to continue construction of its West Bank barrier despite an overwhelming UN General Assembly resolution calling for parts to be torn down.
Published 22 Jul, 2004 12:00am
UN assembly tells Israel to tear down barrier

UN assembly tells Israel to tear down barrier

The UN General Assembly demanded Israel obey a World Court ruling and tear down its West Bank barrier, with European nations contributing to an overwhelming favourable vote on Tuesday.
Published 22 Jul, 2004 12:00am
Police kill two militants in Riyadh

Police kill two militants in Riyadh

Saudi security forces killed two militants in a fierce clash in Riyadh and detained the wife and children of the suspected al Qaeda leader in Saudi Arabia, officials said on Wednesday.
Published 22 Jul, 2004 12:00am
US lifts arms dealing curbs on South Africa

US lifts arms dealing curbs on South Africa

The United States lifted all special restrictions on arms dealing with South Africa on Wednesday, drawing a line under a long-running dispute over illicit apartheid-era weapons trades.
Published 22 Jul, 2004 12:00am
I was wrong about black holes, admits Hawking

I was wrong about black holes, admits Hawking

After nearly 30 years, British mathematician Stephen Hawking admitted on Wednesday that his commanding theory about black holes as bottomless pits in space, sucking in all matter and energy like a giant vacuum cleaner, was flawed.
Published 22 Jul, 2004 12:00am
UK cuts troops, ships in major military shake-up

UK cuts troops, ships in major military shake-up

Britain announced one of its biggest peacetime military overhauls on Wednesday, cutting tanks, ships and thousands of personnel in an effort to adapt its forces to tackle modern threats including terrorism.
Published 22 Jul, 2004 12:00am
Sterling sheds 1-1/2-cents

Sterling sheds 1-1/2-cents

The pound dropped by 1-1/2 US cents to two-week lows on Wednesday after comments from US Fed chief Alan Greenspan gave an upbeat assessment of the US economy and reinforced expectations of higher interest rates.
Published 22 Jul, 2004 12:00am
Dollar hits two-week highs against euro

Dollar hits two-week highs against euro

The dollar hit two-week highs against the euro and high-yielding currencies such as sterling on Wednesday as upbeat comments from the Federal Reserve chief reinforced expectations of higher US interest rates.
Published 22 Jul, 2004 12:00am
Seoul shares close up on techs and brokers

Seoul shares close up on techs and brokers

Seoul shares closed more than 2 percent higher on Wednesday, led by technology and brokerage shares, as upbeat comments on the US economy by the chairman of the Federal Reserve sparked a broad-based market rally.
Published 22 Jul, 2004 12:00am
US Stocks: Wednesday's unofficial close

US Stocks: Wednesday's unofficial close

Technology stocks sagged on Wednesday, as investors locked in some of the previous session's strong gains, but solid earnings from conglomerate United Technologies Corp and J.P. Morgan Chase & Co underpinned blue chips.
Published 22 Jul, 2004 12:00am
Bonds: autos steady on General Motors results

Bonds: autos steady on General Motors results

Auto bonds trod water in Europe on Wednesday as General Motors weighed in with second-quarter results, while the high-yield market was buoyed by results from Ericsson and Colt, as well as a trading update from Invensys.
Published 22 Jul, 2004 12:00am
Bonds: autos steady on General Motors results

Bonds: autos steady on General Motors results

Auto bonds trod water in Europe on Wednesday as General Motors weighed in with second-quarter results, while the high-yield market was buoyed by results from Ericsson and Colt, as well as a trading update from Invensys.
Published 22 Jul, 2004 12:00am
FTSE-100 at eight-session high on cautious earning hopes

FTSE-100 at eight-session high on cautious earning hopes

UK stocks recouped more than a week's losses on Wednesday, plucked from levels near three-month lows by Alan Greenspan's assertions of a sustainable US expansion and key companies' reports of healthy growth.
Published 22 Jul, 2004 12:00am
Ivory Coast rains bad for cocoa

Ivory Coast rains bad for cocoa

Rains in Ivory Coast's cocoa-growing areas were below average in the second 10 days of July and analysts said weather conditions were not favourable at a crucial time for the development of this year's main crop.
Published 22 Jul, 2004 12:00am
Argentine raises corn crop forecast

Argentine raises corn crop forecast

Argentine raised its 2003/04 corn crop forecast for the second straight month, hiking it to 12.7 million tonnes from the 12.6 million tonnes it forecast in June, the government said on Wednesday.
Published 22 Jul, 2004 12:00am
UK faces tough fight for grain exports

UK faces tough fight for grain exports

Britain's grain shippers will find it hard to place wheat and barley in traditional export markets such as Spain, Italy and Portugal this year unless quality is up to scratch, the UK's Home-Grown Cereals Authority (HGCA) said on Wednesday.
Published 22 Jul, 2004 12:00am
Oil prices climb after drop in US crude stocks

Oil prices climb after drop in US crude stocks

World oil prices rose on Wednesday after an unexpected fall in US crude oil stocks overshadowed healthier gasoline and heating oil inventories, traders said.
Published 22 Jul, 2004 12:00am
London sugar closes down on profit-taking

London sugar closes down on profit-taking

London white sugar futures settled slightly lower in modest volumes on Wednesday on profit-taking as the market consolidated after recent gains, with attention focused on a Thai raw sugar tender, traders said.
Published 22 Jul, 2004 12:00am
New York cotton settles easier

New York cotton settles easier

NYBOT cotton futures settled easier Wednesday on trade and speculative sales as the market stalled after climbing steadily over the past few sessions, with most players uncertain about the next move in fibre contracts, brokers said.
Published 22 Jul, 2004 12:00am
London coffee ends up

London coffee ends up

Liffe robusta coffee futures ended slightly up on Wednesday after a routine session that was dominated mainly by short covering and speculative buying interest, traders said.
Published 22 Jul, 2004 12:00am
London cocoa ends up on fund buying

London cocoa ends up on fund buying

Liffe December cocoa futures closed sharply higher on Wednesday on fund buying and a firmer dollar, reversing losses earlier in the day, traders said.
Published 22 Jul, 2004 12:00am
Gold slips below support at $400 an ounce in Europe

Gold slips below support at $400 an ounce in Europe

Gold lost its grip on psychological support around $400 an ounce in Europe on Wednesday, having fallen sharply as the dollar rose on comments from Federal Reserve Chairman Alan Greenspan that underpinned expectations for US interest rate moves.
Published 22 Jul, 2004 12:00am
LME prices stay weak at close of kerb trade

LME prices stay weak at close of kerb trade

London Metal Exchange (LME) prices stayed weak through to Wednesday's close of kerb trade as a firmer dollar weighed on sentiment, traders said.
Published 22 Jul, 2004 12:00am
US MIDDAY: cocoa higher on speculators fund buying

US MIDDAY: cocoa higher on speculators fund buying

NYBOT cocoa futures closed sharply higher early Wednesday, gaining $54, or 3.48 percent, after an early test to the downside failed to attract follow-through selling, forcing speculators to cover and funds to buy later in the day, which boosted prices to
Published 22 Jul, 2004 12:00am
US MIDDAY: sugar softer on trade sales

US MIDDAY: sugar softer on trade sales

NYBOT raw sugar futures finished softer early Wednesday on trade sales and speculative profit-taking with players expecting the sweetener to consolidate around its current levels for now, brokers said.
Published 22 Jul, 2004 12:00am
US MIDDAY: wheat plunges on Egypt turned back

US MIDDAY: wheat plunges on Egypt turned back

Chicago Board of Trade wheat futures were lower early Wednesday after Egypt turned back to French wheat at its latest tender on Tuesday night, traders said.
Published 22 Jul, 2004 12:00am
US MIDDAY: soyabeans fall on technical fund selling

US MIDDAY: soyabeans fall on technical fund selling

Chicago Board of Trade soyabean futures extended losses midday Wednesday amid continued technical fund selling that took new-crop November to a seven-month low, traders said.
Published 22 Jul, 2004 12:00am
US MIDDAY: copper sharply down on Greenspan comments

US MIDDAY: copper sharply down on Greenspan comments

COMEX copper futures fell sharply in early Wednesday dealings, in reaction to upbeat comments from Federal Reserve Chairman Alan Greenspan on the state of the US economy, comments that left players believing the Fed would raise US interest rates and that
Published 22 Jul, 2004 12:00am
US MIDDAY: gold pinned below $400 an ounce

US MIDDAY: gold pinned below $400 an ounce

COMEX gold futures grasped at the pivotal $400 an ounce mark Wednesday morning after declining overnight, as the dollar gained against the euro on a report that Iraqi security had found a nuclear missile cache in Iraq, trading sources said.
Published 22 Jul, 2004 12:00am
Trade Policy on July 22

Trade Policy on July 22

Commerce Minister Humayun Akhtar will announce Trade Policy for 2004-05 on Thursday on national television and ratio at 7.15 pm.
Published 22 Jul, 2004 12:00am
Karachi milk plant to be revived

Karachi milk plant to be revived

In a meeting, chaired by Sindh Chief Secretary Mohammad Aslam Sanjrani here on Wednesday it was decided to revive Karachi Milk Plant.
Published 22 Jul, 2004 12:00am
Iran's quest for the atomic bomb: fact or fiction?

Iran's quest for the atomic bomb: fact or fiction?

It is two years since a group of Iranian exiles accused Iran of hiding a secret atomic weapons programme from UN inspectors, and diplomats and analysts say Tehran is only getting closer to the bomb.
Published 22 Jul, 2004 12:00am
Admiral Karim in US

Admiral Karim in US

The Chief of the Naval Staff, Admiral Karimullah, is now in Washington, under his US counterpart visit.
Published 22 Jul, 2004 12:00am
Petition filed against Shaukat

Petition filed against Shaukat

A member of Lahore High Court Bar Association has approached the Chief Election Commissioner, praying to restrain the respondent, Shaukat Aziz, from contesting election of the National Assembly as a petition against him is pending before the Lahore High C
Published 22 Jul, 2004 12:00am
Is capacity expansion of cement industry viable?

Is capacity expansion of cement industry viable?

There has been an outstanding performance of the industrial sector during the period July 2003-March 2004. According to the State Bank of Pakistan report for the period, large-scale manufacturing registered a growth of 17.1 percent compared to 6.7 percent
Published 22 Jul, 2004 12:00am
Feudal lords and generals

Feudal lords and generals

I salute the Chief of MQM Altaf Hussain, who made a profound statement during his telephone address to his party's Punjab organisation. He said that:
Published 22 Jul, 2004 12:00am
PIA at its best

PIA at its best

This happens to be the peak season, when PIA's Boeing 747 with 430 seats, would be jam-packed on trans-Atlantic and UK routes.
Published 22 Jul, 2004 12:00am
Difficult year ahead for cotton industry

Difficult year ahead for cotton industry

Nearly all sectors of our economy have welcomed the 2004-05 budget presented by the Finance Minister, Shaukat Aziz. It is evident that having concentrated on bringing fiscal discipline to the economy, the minister is now ready to use the room thus created
Published 22 Jul, 2004 12:00am
An unsavoury amendment to political parties law

An unsavoury amendment to political parties law

The government did not do any good to its own image or the democratic process when on Monday it rushed through the National Assembly a bill that allows politicians to hold public and party offices at the same time. It was hurriedly passed after the Speake
Published 22 Jul, 2004 12:00am
Water projects' viability

Water projects' viability

The World Bank (WB) has delivered a devastating critique of the government's three ongoing and five upcoming water projects' economic viability. The total cost of these projects is estimated at Rs 232 billion.
Published 22 Jul, 2004 12:00am
Monetary Policy Statement (July-December 2004)

Monetary Policy Statement (July-December 2004)

Macroeconomic Outlook and Monetary Policy Stance Recent global trends point to an improved economic outlook as the US and other developed economies have exhibited significant recovery and growth that started in the later half of the last fiscal year.
Published 22 Jul, 2004 12:00am
Monetary Policy Statement (July-December 2004)

Monetary Policy Statement (July-December 2004)

Macroeconomic Outlook and Monetary Policy Stance Recent global trends point to an improved economic outlook as the US and other developed economies have exhibited significant recovery and growth that started in the later half of the last fiscal year.
Published 22 Jul, 2004 12:00am
LCCI for restoration of night post office facility

LCCI for restoration of night post office facility

Lahore Chamber of Commerce & Industry (LCCI) called for restoration of night post office facility, installation of stamping machine and expansion in the building of Post Office, Allama Iqbal Town to facilitate the residents of the area.
Published 22 Jul, 2004 12:00am
Importance of religious institutions highlighted

Importance of religious institutions highlighted

Punjab University's Sheikh Zayed Islamic Centre, in collaboration with Institute of Policy Studies (IPS), Islamabad, arranged a roundtable seminar on 'Journalism and Research in Religious Institutes: Present Situation and Future Strategy' here on Wednesda
Published 22 Jul, 2004 12:00am
ABL opens new branch in Rawalpindi

ABL opens new branch in Rawalpindi

Allied Bank Limited (ABL) has opened a new branch in Rawalpindi to cater to the banking needs of the citizens. The Regional General Manager, Islamabad M. Saleem Khan Durrani and Regional Controller Operations, Islamabad Khalid Sohail Azmi performed the op
Published 22 Jul, 2004 12:00am
Grassroots level monitoring of service providers stressed

Grassroots level monitoring of service providers stressed

There was a need to devolve responsibility of monitoring service providers such as education, health, water and sanitation, to the people, in fact beyond the district level, so as the people could themselves monitor the quality of services and conduct acc
Published 22 Jul, 2004 12:00am
'Government has failed to maintain law and order'

'Government has failed to maintain law and order'

President People's Lawyers Forum Tanvir Hashmi has moved a resolution before the Lahore High Court Bar Association demanding immediate arrest of the culprits of PPPP leader Munawar Suharwardi.
Published 22 Jul, 2004 12:00am
APTUF to observe protest day on July 28

APTUF to observe protest day on July 28

All Pakistan Trade Union Federation (APTUF) has announced to observe "Protest Day" on July 28, 2004, to condemn the growing price hike.
Published 22 Jul, 2004 12:00am
KPT urged to enhance period for clearance of goods

KPT urged to enhance period for clearance of goods

President Lahore Chamber of Commerce & Industry (LCCI), Mian Anjum Nisar has urged the Chairman KPT, Vice-Admiral Ahmad Hayyat, to restore the facility of getting imported items cleared in 14 days so as to save importers from hardships.
Published 22 Jul, 2004 12:00am