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Apr 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2004-10-29
Sony and Matsushita post Q2 gains, forecasts unchanged

Sony and Matsushita post Q2 gains, forecasts unchanged

Sony Corp reported a quarterly profit gain thanks to the "Spider-Man 2" hit movie while Panasonic products maker Matsushita Electric Industrial Co benefited from bumper sales of flat-panel TVs, but both companies left their full-year forecasts unchanged.
Published 29 Oct, 2004 12:00am
US MIDDAY: wheat higher on fund buying

US MIDDAY: wheat higher on fund buying

Wheat futures at the Chicago Board of Trade turned higher early on Thursday on technical commodity fund buying, and trading was active, traders said.
Published 29 Oct, 2004 12:00am
US MIDDAY: sugar lower on fund liquidation

US MIDDAY: sugar lower on fund liquidation

NYBOT raw sugar futures finished at a one-month low Thursday on fund liquidation and an absence of consumer buying, with the sweetener seen slipping further in the days ahead, brokers said.
Published 29 Oct, 2004 12:00am
US MIDDAY: cocoa moves to one-month high

US MIDDAY: cocoa moves to one-month high

US cocoa futures ended marginally higher on Thursday, settling at a one-month high, but analysts noted the market's failure to hold the day's highs may keep prices range-bound.
Published 29 Oct, 2004 12:00am
US MIDDAY: coffee touch lower on profit-taking

US MIDDAY: coffee touch lower on profit-taking

NYBOT arabica coffee futures settled mostly softer Thursday on speculative profit-taking as the market took a breather after surging recently to a three-week high, dealers said.
Published 29 Oct, 2004 12:00am
Gold seesaws with euro in London trade

Gold seesaws with euro in London trade

Gold fluctuated in line with volatile trade in the euro on Thursday, but support was firm even as industrial metals fell on demand worries that followed China's move to raise interest rates.
Published 29 Oct, 2004 12:00am
Base metals end off lows

Base metals end off lows

Base metals finished Thursday's open-outcry sessions on the London Metal Exchange (LME) well above their lows but still mostly down after China raised key interest rates, traders said.
Published 29 Oct, 2004 12:00am
China metals need more risk management: NYMEX

China metals need more risk management: NYMEX

Metals futures traders in China will require more tools for managing risk and trading round the clock as the country's influence in global markets grows, a senior New York Mercantile Exchange official said on Thursday.
Published 29 Oct, 2004 12:00am
New York cotton tumbles to weak close

New York cotton tumbles to weak close

NYBOT cotton futures closed softly Thursday on trade which kicked off automatic sell-orders although speculative short-covering off the lows pared the market's losses, analysts said.
Published 29 Oct, 2004 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.
Published 29 Oct, 2004 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.
Published 29 Oct, 2004 12:00am
London coffee closes down

London coffee closes down

London robusta coffee futures ended mildly weaker on Thursday after a session focused on contract rolling ahead of the front-month's first-notice day, traders said.
Published 29 Oct, 2004 12:00am
Oil slumps below $51, China moves to slow growth

Oil slumps below $51, China moves to slow growth

Oil prices extended a two-day slide on Thursday that has sliced more than 8 percent from the cost of a barrel, as rising US crude supplies eased fears of a winter fuel crunch and China moved to slow its runaway economic growth. Big money funds were also s
Published 29 Oct, 2004 12:00am
Oil slumps below $51, China moves to slow growth

Oil slumps below $51, China moves to slow growth

Oil prices extended a two-day slide on Thursday that has sliced more than 8 percent from the cost of a barrel, as rising US crude supplies eased fears of a winter fuel crunch and China moved to slow its runaway economic growth. Big money funds were also s
Published 29 Oct, 2004 12:00am
Former Salvador guerrillas fight to brand coffee

Former Salvador guerrillas fight to brand coffee

Under the shade of pine and cypress trees in northern El Salvador grow stout coffee trees that are the survivors of a coffee crisis that has seen plantations around the world deserted or uprooted.
Published 29 Oct, 2004 12:00am
London cocoa higher

London cocoa higher

London's cocoa futures closed higher on Thursday as speculators bought on worries about industry tensions in Ivory Coast, dealers said.
Published 29 Oct, 2004 12:00am
London sugar ends down

London sugar ends down

London sugar futures finished lower on Thursday as speculative sales in the March contract accelerated before the close, dealers said.
Published 29 Oct, 2004 12:00am
Dollar rises after China raises interest rates

Dollar rises after China raises interest rates

The dollar rose on Thursday, especially against commodity currencies, after China's central bank raised interest rates for the first time in nine years in a move to slow down its red-hot economy.
Published 29 Oct, 2004 12:00am
Sterling tests nine-month low versus euro

Sterling tests nine-month low versus euro

Sterling held just above a recent nine-month low against the euro on Thursday, following a see-saw session driven by swings in major currency markets after China unexpectedly raised interest rates.
Published 29 Oct, 2004 12:00am
Indian rupee at 19-week closing high

Indian rupee at 19-week closing high

The Indian rupee ended at a 19-week closing high on Thursday, buoyed by strong foreign fund inflows and improved sentiment on the local currency as global crude prices eased sharply on higher US oil stocks.
Published 29 Oct, 2004 12:00am
Oil's fall saves day for FTSE-100

Oil's fall saves day for FTSE-100

British blue chip shares shook off fears of slowing growth in China that caused deep losses in London-listed mining shares on Thursday, and the benchmark index scraped through its third straight day of gains, driven by a slump in crude prices.
Published 29 Oct, 2004 12:00am
Seoul shares rise

Seoul shares rise

Seoul shares rose nearly 3 percent on Thursday, bolstered by strong gains in blue chips such as Samsung Electronics and Hyundai Motor, after a sharp fall in oil prices triggered a rally on Wall Street.
Published 29 Oct, 2004 12:00am
US Stocks: Thursday's unofficial close

US Stocks: Thursday's unofficial close

US stocks recovered from early losses to nudge higher on Thursday as another slip in oil prices offset a decision by China's central bank to raise interest rates.
Published 29 Oct, 2004 12:00am
Bonds: crossovers skip ahead as autos weigh

Bonds: crossovers skip ahead as autos weigh

Lower-rated and telecommunications bonds rose on Thursday on a revival in risk appetite among investors, though auto-makers missed out on the rally after a mixed bag of results from Europe's top carmakers.
Published 29 Oct, 2004 12:00am
Bonds: crossovers skip ahead as autos weigh

Bonds: crossovers skip ahead as autos weigh

Lower-rated and telecommunications bonds rose on Thursday on a revival in risk appetite among investors, though auto-makers missed out on the rally after a mixed bag of results from Europe's top carmakers.
Published 29 Oct, 2004 12:00am
Oil extends slide by over one dollar

Oil extends slide by over one dollar

Oil extended its retreat by more than $1 on Thursday after an unexpectedly large rise in US crude inventories spurred speculative funds to take profits out of record high prices.
Published 29 Oct, 2004 12:00am
UN Assembly condemns US embargo on Cuba

UN Assembly condemns US embargo on Cuba

The UN General Assembly on Thursday voted overwhelmingly to condemn the United States trade embargo in place for more than four decades against the Cuban regime of Fidel Castro.
Published 29 Oct, 2004 12:00am
Russian mine blast kills 13 and injures 23

Russian mine blast kills 13 and injures 23

A methane blast in a mineshaft in Russia's Siberia killed 13 people and injured 23 on Thursday, a spokesman for the Emergencies Ministry said.
Published 29 Oct, 2004 12:00am
UK tourists among 9 killed in Jordan bus accident

UK tourists among 9 killed in Jordan bus accident

Twelve people, including nine British tourists, were killed Thursday when their bus overturned and crashed into a truck near the ancient city of Petra, a Jordanian official said.
Published 29 Oct, 2004 12:00am
Thousands rally in South Korea to back new capital

Thousands rally in South Korea to back new capital

South Korean demonstrators shaved their heads and wrote slogans in blood on Thursday at a rally of 3,500 people to support a presidential plan for a new capital after a court ruled the move unlawful.
Published 29 Oct, 2004 12:00am
Three foreign UN election workers kidnapped in Kabul

Three foreign UN election workers kidnapped in Kabul

Armed men wearing military-style jackets abducted three foreign United Nations election workers in broad daylight in Kabul on Thursday as vote-counting ended in Afghanistan's landmark election.
Published 29 Oct, 2004 12:00am
Kerry and Bush plow Midwestern electoral fields

Kerry and Bush plow Midwestern electoral fields

President George W. Bush and Democrat John Kerry, deadlocked in their White House race, plowed well-worn electoral turf in the US Midwest on Thursday scrounging for votes in next week's election.
Published 29 Oct, 2004 12:00am
Kerry 'wrong man' for wartime presidency: Bush

Kerry 'wrong man' for wartime presidency: Bush

President George W. Bush said on Thursday John Kerry lacked the conviction to lead during a war and borrowed his Democratic rival's own words to call him "the wrong man for the wrong job at the wrong time."
Published 29 Oct, 2004 12:00am
The Economist favours Kerry

The Economist favours Kerry

The Economist, the weekly bible of the world's top movers and shakers, said Thursday it is throwing its support behind Democratic challenger John Kerry in the upcoming US presidential election.
Published 29 Oct, 2004 12:00am
100,000 excess civilian Iraqi deaths since war: study

100,000 excess civilian Iraqi deaths since war: study

Deaths of Iraqis have soared to 100,000 above normal since the Iraq war mainly due violence and many of the victims have been women and children, public health experts from the United States said Thursday.
Published 29 Oct, 2004 12:00am
Positions of Bush and Kerry on foreign policy

Positions of Bush and Kerry on foreign policy

Foreign affairs have featured prominently in the race for US president between Republican President George W Bush and his Democratic challenger, Massachusetts Senator John Kerry. Here's a look at their views on the issues:
Published 29 Oct, 2004 12:00am
Bomb kills one in Thai south

Bomb kills one in Thai south

A bomb killed one person and injured 13 in mainly Muslim southern Thailand on Thursday as rage grew over the death of 85 protesters detained by the army.
Published 29 Oct, 2004 12:00am
Millions in Americas watch lunar eclipse

Millions in Americas watch lunar eclipse

Millions of people in the Americas stayed up on Wednesday to observe a total lunar eclipse that bathed the moon in a coppery red glow and gave scientists a chance to study the Earth's atmosphere.
Published 29 Oct, 2004 12:00am
Dozens hurt in Bangladesh clashes

Dozens hurt in Bangladesh clashes

Police fired rubber bullets and baton-charged protesting garment workers Thursday during clashes which lasted several hours and left at least 50 people injured, officials said.
Published 29 Oct, 2004 12:00am
Katich and Gillespie put Australia in charge

Katich and Gillespie put Australia in charge

Jason Gillespie captured five for 56 and Simon Katich scored 99 to put Australia on course for their first series win in India since 1969 on the third day of the third Test on Thursday.
Published 29 Oct, 2004 12:00am
Spaniards Garcia and Lara share Volvo Masters lead

Spaniards Garcia and Lara share Volvo Masters lead

Sergio Garcia showed the consistency that has lifted his game this year with a four-under-par 67 in difficult conditions to share the Volvo Masters lead with Spanish compatriot Jose Manuel Lara.
Published 29 Oct, 2004 12:00am
Punters plunge on European horses as rain falls

Punters plunge on European horses as rain falls

Australian bookmakers are bracing themselves for a huge betting plunge on the British and Irish entrants in next week's Melbourne Cup after two days of heavy rain.
Published 29 Oct, 2004 12:00am
Mauresmo joins Zvonareva in Linz quarter-finals

Mauresmo joins Zvonareva in Linz quarter-finals

World number two Amelie Mauresmo shrugged off a thigh strain to cruise into the last eight of the Linz Open with a 6-4 6-0 win over Marta Domachowska on Thursday.
Published 29 Oct, 2004 12:00am
Brazilian football in mourning

Brazilian football in mourning

Brazilian soccer was in mourning on Thursday after the death of Sao Caetano defender Serginho, who collapsed during the previous night's match against Sao Paulo after suffering an apparent heart attack.
Published 29 Oct, 2004 12:00am
Bangladeshi taka eases

Bangladeshi taka eases

The Bangladeshi taka eased on Thursday on demand for dollars for food imports ahead of the Eid-ul-fitr festival due next month, dealers said.
Published 29 Oct, 2004 12:00am
Australian dollar creeps towards 75 cents

Australian dollar creeps towards 75 cents

The Australian dollar crept towards the 75 US cent mark again on Thursday, bolstered by potential inflows from M&A activity and as it further reversed its recent under-performance against the New Zealand dollar.
Published 29 Oct, 2004 12:00am
Asian currencies: Singapore dollar stalls, won rises

Asian currencies: Singapore dollar stalls, won rises

Asian currencies with the exception of the Singapore dollar - rose on Thursday, boosted by a stronger yen and easier oil prices as the US dollar languished ahead of presidential elections.
Published 29 Oct, 2004 12:00am
Canadian dollar flat by oil prices

Canadian dollar flat by oil prices

The Canadian dollar swung through a wide range on Wednesday but ended almost exactly where it closed the previous session, as the US currency rallied amid a sharp drop in oil prices.
Published 29 Oct, 2004 12:00am
Dollar rebounds as crude oil prices drop

Dollar rebounds as crude oil prices drop

The dollar rallied sharply on Wednesday, erasing early losses, after oil prices plunged $3 per barrel on news of a bigger-than-expected build in US crude oil supplies.
Published 29 Oct, 2004 12:00am
Dollar loses gains as oil support short-lived

Dollar loses gains as oil support short-lived

The dollar erased earlier gains to trade flat on Thursday, as support from steep falls in oil prices was short-lived and the market forecast a further decline in the currency on concerns about the US economy.
Published 29 Oct, 2004 12:00am
Swiss franc holds slight gains

Swiss franc holds slight gains

The Swiss franc held on to slight gains against the greenback in early Thursday trading although traders cautioned that the rise, prompted by a steep fall in oil prices, was set to be short-lived.
Published 29 Oct, 2004 12:00am
Chinese yuan notches firmer

Chinese yuan notches firmer

The yuan ended one notch firmer at 8.2764 per US dollar on Thursday, near the stronger end of its managed trading range.
Published 29 Oct, 2004 12:00am
Hong Kong dollar remains firm

Hong Kong dollar remains firm

The Hong Kong dollar remained firm on Thursday bolstered by other regional currencies and as dealers kept an eye out for further intervention moves by the central bank.
Published 29 Oct, 2004 12:00am
Indian shares extend gains

Indian shares extend gains

Indian shares extended gains on Thursday as world prices of oil, the country's biggest import, dropped sharply from record highs.
Published 29 Oct, 2004 12:00am
Jakarta shares led by earnings

Jakarta shares led by earnings

Jakarta stocks rose to a two week high on Thursday, spurred by optimism over quarterly earnings reports from companies and stronger regional bourses as easing oil prices helped sentiment.
Published 29 Oct, 2004 12:00am
Tokyo stocks jump on oil, upbeat earnings

Tokyo stocks jump on oil, upbeat earnings

Japan's Nikkei share average ended 1.51 percent higher on Thursday as a fall in oil prices soothed worries about the global economic outlook and spurred buying of stocks such as Sharp Corp that have been hit recently.
Published 29 Oct, 2004 12:00am
Manila stocks climb on Q3 results, oil

Manila stocks climb on Q3 results, oil

Manila stocks led by conglomerate Ayala Corp and phone giant PLDT rose to their highest close in two weeks on Thursday, helped by a fall in crude prices and positive third-quarter results from some firms.
Published 29 Oct, 2004 12:00am
Taiwan stocks up; techs cheer US rally

Taiwan stocks up; techs cheer US rally

Taiwan stocks ended up almost 1 percent on Thursday as investors focused on US tech gains and falling oil prices instead of lacklustre guidance from firms like chip maker United Microelectronics Corp (UMC).
Published 29 Oct, 2004 12:00am
Sri Lankan stocks dip

Sri Lankan stocks dip

Sri Lankan Stocks ended lower on Thursday as investors continued to skim profits after a string of gains in the leisure sector, brokers said.
Published 29 Oct, 2004 12:00am
Hong Kong stocks rise more than two percent

Hong Kong stocks rise more than two percent

Hong Kong blue chips surged over two percent on Thursday, with airline, banking and property shares lifted by a big drop in world oil prices.
Published 29 Oct, 2004 12:00am
US stocks surge, Dow over 10,000 as oil falls

US stocks surge, Dow over 10,000 as oil falls

US stocks surged on Wednesday with the Dow back above 10,000 after oil prices fell almost 5 percent, alleviating worry that high energy costs will eat into corporate profits and consumers' wallets.
Published 29 Oct, 2004 12:00am
Singapore shares finish at two-week closing high

Singapore shares finish at two-week closing high

Singapore shares rallied about 1.5 percent to their highest close in two weeks on Thursday, powered by a sharp fall in oil prices and buying of blue chips ahead of their earnings reports.
Published 29 Oct, 2004 12:00am
Malaysian shares make gains

Malaysian shares make gains

Malaysian shares shrugged off earlier losses to end up 0.21 percent on Thursday, tracking a rise in regional markets as the fall in oil price eased concerns of a slowing global economy.
Published 29 Oct, 2004 12:00am
US Treasuries dive as oil drops

US Treasuries dive as oil drops

US Treasury prices slid on Wednesday as a major retreat in oil markets removed a key impetus for the recent rally in bonds.
Published 29 Oct, 2004 12:00am
US Treasuries dive as oil drops

US Treasuries dive as oil drops

US Treasury prices slid on Wednesday as a major retreat in oil markets removed a key impetus for the recent rally in bonds.
Published 29 Oct, 2004 12:00am
French business sentiment at 3-1/2-year high

French business sentiment at 3-1/2-year high

French business confidence rose this month to its highest level since March 2001 despite soaring oil prices, bolstering hopes for a more widespread recovery after German and Italian firms also showed better morale.
Published 29 Oct, 2004 12:00am
Delta Air's pilots reach tentative agreement

Delta Air's pilots reach tentative agreement

Delta Air Lines Inc has reached a tentative contract with its pilots in a move that could stave off a bankruptcy filing, sending its shares up 24 percent in pre-market trading on the INET electronic brokerage system.
Published 29 Oct, 2004 12:00am
Delta Air's pilots reach tentative agreement

Delta Air's pilots reach tentative agreement

Delta Air Lines Inc has reached a tentative contract with its pilots in a move that could stave off a bankruptcy filing, sending its shares up 24 percent in pre-market trading on the INET electronic brokerage system.
Published 29 Oct, 2004 12:00am
US Airways posts wider loss

US Airways posts wider loss

Bankrupt US Airways Group Inc on Thursday reported a wider third-quarter net loss as storms and high fuel prices hurt results.
Published 29 Oct, 2004 12:00am
US Airways posts wider loss

US Airways posts wider loss

Bankrupt US Airways Group Inc on Thursday reported a wider third-quarter net loss as storms and high fuel prices hurt results.
Published 29 Oct, 2004 12:00am
Semiconductor companies in India form group

Semiconductor companies in India form group

More than 30 local and foreign semiconductor firms based in India formed a group Thursday in a bid to grab a greater slice of the 200 billion dollar global semiconductor pie.
Published 29 Oct, 2004 12:00am
Shell scraps dual ownership, shares jump

Shell scraps dual ownership, shares jump

Oil major Royal Dutch/Shell Group plans to move to a unified corporate structure, ditching a century-old dual-ownership system blamed for contributing to a reserves overbooking scandal.
Published 29 Oct, 2004 12:00am
Shell scraps dual ownership, shares jump

Shell scraps dual ownership, shares jump

Oil major Royal Dutch/Shell Group plans to move to a unified corporate structure, ditching a century-old dual-ownership system blamed for contributing to a reserves overbooking scandal.
Published 29 Oct, 2004 12:00am
Canadian factory price gains slow September

Canadian factory price gains slow September

Canadian factory prices eased twice as much as expected in September, falling 0.6 percent instead of the forecast 0.3 percent, on a slowdown in energy and metals prices, Statistics Canada said on Thursday.
Published 29 Oct, 2004 12:00am
Japanese industrial output falls

Japanese industrial output falls

Japanese industrial output unexpectedly fell in September from August, adding to evidence that manufacturers were becoming cautious amid signs that demand for exports was cooling and the economic recovery was slowing.
Published 29 Oct, 2004 12:00am
US jobless claims up more than expected last week

US jobless claims up more than expected last week

The number of Americans filing new claims for unemployment benefits rose 20,000 last week, the government said on Thursday in a report that continued to be somewhat inflated by hurricane-related claims. First-time claims for state unemployment insurance a
Published 29 Oct, 2004 12:00am
China hike consistent with currency flexibility: US

China hike consistent with currency flexibility: US

Chinese interest rate hike is consistent with a move towards flexible exchange rates, US Treasury Department Under-secretary for International Affairs John Taylor said on Thursday.
Published 29 Oct, 2004 12:00am
Volkswagen keeps targets after Q3 profit falls

Volkswagen keeps targets after Q3 profit falls

Volkswagen AG stuck to its 2004 earnings guidance on Thursday after posting a smaller than expected decline in third quarter operating profit, helped by cost savings.
Published 29 Oct, 2004 12:00am
Volkswagen keeps targets after Q3 profit falls

Volkswagen keeps targets after Q3 profit falls

Volkswagen AG stuck to its 2004 earnings guidance on Thursday after posting a smaller than expected decline in third quarter operating profit, helped by cost savings.
Published 29 Oct, 2004 12:00am
India to send first soyameal consignment to China

India to send first soyameal consignment to China

India is set to make its first shipment of soyameal to China this year, raising traders' hopes of more sales, but a bumper US soyabean harvest and chances of a good South American crop were dampening overall export prospects.
Published 29 Oct, 2004 12:00am
Main hurdles in industrial sector growth identified

Main hurdles in industrial sector growth identified

The business community has termed political instability, worsening law and order situation, duplication of agencies, multiple taxation and high cost of investment as main hindrances in growth of industrial sector. This was the outcome of a four-hour-long
Published 29 Oct, 2004 12:00am
Large turnover reported in cotton market

Large turnover reported in cotton market

Though cotton market was relatively quiet on Thursday afternoon, but the over all tempo of purchases has been quite brisk this week. Brokers said in Karachi that last Wednesday a turnover of 125,000 bales was reported in the ready market including the sal
Published 29 Oct, 2004 12:00am
Exporters for drawback regime rationalisation

Exporters for drawback regime rationalisation

The Commerce Ministry will ask the Central Board of Revenue (CBR) to resolve the problem pertaining to duty drawback regime on the export of PSF-based textile products by the textile industry. Commerce Minister Humayun Akhtar Khan assured this to exporter
Published 29 Oct, 2004 12:00am
Large turnover reported in cotton market

Large turnover reported in cotton market

Though cotton market was relatively quiet on Thursday afternoon, but the over all tempo of purchases has been quite brisk this week. Brokers said in Karachi that last Wednesday a turnover of 125,000 bales was reported in the ready market including the sal
Published 29 Oct, 2004 12:00am
Exporters for drawback regime rationalisation

Exporters for drawback regime rationalisation

The Commerce Ministry will ask the Central Board of Revenue (CBR) to resolve the problem pertaining to duty drawback regime on the export of PSF-based textile products by the textile industry. Commerce Minister Humayun Akhtar Khan assured this to exporter
Published 29 Oct, 2004 12:00am
Kenyan sugar output seen rising to record 500,000 tonnes

Kenyan sugar output seen rising to record 500,000 tonnes

Kenya expects to produce a record 500,000 tonnes of sugar in 2004, a 12.8 percent rise on last year, boosted by reforms that have ensured farmers are paid promptly for cane, a senior industry official said on Thursday.
Published 29 Oct, 2004 12:00am
US Midwest soya bids firm, corn mixed

US Midwest soya bids firm, corn mixed

Spot soyabean basis bids were steady to firm in the interior US Midwest on Thursday on a lack of country movement, while corn bids were mixed amid scattered harvest selling, dealers said.
Published 29 Oct, 2004 12:00am
Package for power sector investors approved

Package for power sector investors approved

Water and Power Minister Liaquat Ali Jatoi has stressed upon the need to incorporate changes in the regulations of National Electric Power Regulatory Authority (Nepra) and Private Power Infrastructure Board (PPIB) to enhance investors confidence. "The reg
Published 29 Oct, 2004 12:00am
Oil cake market rates

Oil cake market rates

Declining trend was seen on the forward cottonseed oilcake market on Thursday as most of the buyers kept on the sidelines on anticipation of further fall in the prices, dealers said.
Published 29 Oct, 2004 12:00am
Package for power sector investors approved

Package for power sector investors approved

Water and Power Minister Liaquat Ali Jatoi has stressed upon the need to incorporate changes in the regulations of National Electric Power Regulatory Authority (Nepra) and Private Power Infrastructure Board (PPIB) to enhance investors confidence. "The reg
Published 29 Oct, 2004 12:00am
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