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Print - 2007-01-30
Future of trade bodies uncertain

Future of trade bodies uncertain

The future of trade bodies hang in balance due to inordinate delay in the announcement of rules governing their future set-up as enunciated under the Trade Organisations Ordinance (TOO) - 2006.
Published 30 Jan, 2007 12:00am
EU to act against Italy on Autostrade

EU to act against Italy on Autostrade

Italy violated European Union competition law when it put up road blocks to halt a take-over of Autostrade by Spain's Abertis, the European Commission will say on Wednesday, a source familiar with the situation said.
Published 30 Jan, 2007 12:00am
Japan police nab engineer linked to North Korea

Japan police nab engineer linked to North Korea

Japanese police said on Monday they had arrested an engineer and his wife suspected of violating the country's labour law, after media reported the man was linked to a group leaking missile technologies to North Korea.
Published 30 Jan, 2007 12:00am
Poso violence could strengthen Indonesian militants

Poso violence could strengthen Indonesian militants

Renewed trouble in Indonesia's central Sulawesi island, long the site of deadly Christian-Muslim rivalry, underscores how communal tensions may help reinvigorate the country's militant Islamic movement.
Published 30 Jan, 2007 12:00am
Rare defeat for US in South African 'al Qaeda' case

Rare defeat for US in South African 'al Qaeda' case

Two South African Muslim men whom Washington accuses of financing al Qaeda have escaped being placed on a UN terrorism blacklist, but their reprieve may only be temporary.
Published 30 Jan, 2007 12:00am
James Bond arrives in China - not shaken not stirred

James Bond arrives in China - not shaken not stirred

Hundreds of screaming Chinese fans turned up on Monday to see actor Daniel Craig at the premiere of the first ever James Bond movie to be shown at theatres in China, which is screening uncut and uncensored.
Published 30 Jan, 2007 12:00am
Two cops arrested in occupied Kashmir

Two cops arrested in occupied Kashmir

Police in occupied Kashmir said Monday they had arrested two officers over the death of a carpenter last month, reportedly passed off by police as an Islamic militant who attacked them. "A fully-fledged enquiry has been launched to investigate the matter,
Published 30 Jan, 2007 12:00am
I deserve to be number one, says Sharapova

I deserve to be number one, says Sharapova

A crushing defeat by Serena Williams in the Australian Open final quickly forgotten, Maria Sharapova says she still deserves to be world number one. "The rankings don't lie," the 19-year-old told Reuters on Monday ahead of this week's Pan Pacific Open in
Published 30 Jan, 2007 12:00am
England hit by injuries for New Zealand match

England hit by injuries for New Zealand match

England could be without three key players for Tuesday's must win one-day match against New Zealand in Perth. Fast bowlers James Anderson and Jon Lewis will both miss the tri-series game because of niggling injuries while captain Michael Vaughan remains a
Published 30 Jan, 2007 12:00am
Press jibe spurs Oram to record century

Press jibe spurs Oram to record century

New Zealand all-rounder Jacob Oram used a jibe in the Australian press as a spur to produce the fastest century by a Kiwi batsman in one-day internationals.
Published 30 Jan, 2007 12:00am
Inzamam rues wasted opportunity in South Africa

Inzamam rues wasted opportunity in South Africa

Pakistan captain Inzamam-ul-Haq has spoken of his disappointment at losing the Test series in South Africa following Sunday's five-wicket defeat in Cape Town. The victory in a low-scoring match gave the hosts a 2-1 series triumph.
Published 30 Jan, 2007 12:00am
Woods stretches lead in world rankings

Woods stretches lead in world rankings

Tiger Woods reinforced his commanding position at the top of the world rankings issued on Monday after landing his seventh consecutive PGA Tour win at the Buick Invitational.
Published 30 Jan, 2007 12:00am
Malaysian palm oil ends flat

Malaysian palm oil ends flat

Malaysian crude palm oil futures closed largely unchanged on Monday in the absence of any market-moving news, dealers said. The benchmark third-month April contract on the Bursa Malaysia Derivatives exchange finished flat at 1,874 ringgit ($535) per tonne
Published 30 Jan, 2007 12:00am
Tocom rubber at 6-1/2-month high

Tocom rubber at 6-1/2-month high

The most active contract on the Tokyo rubber futures jumped to a 6 1/2-month high on Monday as a weaker yen triggered buying, but the physical sector was subdued with main buyer China staying on the sidelines.
Published 30 Jan, 2007 12:00am
Jordan tenders to buy 100,000 tonnes wheat

Jordan tenders to buy 100,000 tonnes wheat

Jordan's state grains buyer has issued a tender to purchase 100,000 tonnes of hard wheat from any origin, European traders said on Monday. Shipment for 50,000 tonnes was between February 25 and March 10 and for the rest between March 10 and 25.
Published 30 Jan, 2007 12:00am
EU proposes market removal of two million tonnes sugar

EU proposes market removal of two million tonnes sugar

The European Commission (EU) called on Monday for at least 2 million tonnes of quota sugar to be withdrawn from European Union markets in 2007/08 to avoid a massive unwanted surplus, it said in a statement.
Published 30 Jan, 2007 12:00am
Australian CBH makes first bulk wheat export

Australian CBH makes first bulk wheat export

Western Australian grain group Cooperative Bulk Handling (CBH) has made its first shipment of wheat to Indonesia, as the Australian government decides the future of a controversial export monopoly held by AWB Ltd.
Published 30 Jan, 2007 12:00am
Supply rise drives down China's spot copper premiums

Supply rise drives down China's spot copper premiums

Premiums for spot copper in Shanghai, China's copper retailing base, have fallen because of increased supplies, traders said on Monday. More than 20,000 tonnes of spot refined copper had arrived in Shanghai over the past few days, they said.
Published 30 Jan, 2007 12:00am
Indonesian palm oil ends mixed

Indonesian palm oil ends mixed

Indonesian palm oil prices were mixed on Monday as choppy trading in the neighbouring Malaysia market failed to provide clearer price leads. At the state marketing centre's auctions, crude palm oil was sold at 5,277 rupiah ($0.579) a kg, FOB Belawan port,
Published 30 Jan, 2007 12:00am
Oil rises on US cold snap

Oil rises on US cold snap

Oil rose towards $56 a barrel on Monday, supported by a cold snap in top consumer the United States and political tensions in Iran. US crude climbed 28 cents to $55.70 a barrel by 0812 GMT, extending Friday's 2 percent gain. London Brent crude rose 29 cen
Published 30 Jan, 2007 12:00am
Asian distillates surge

Asian distillates surge

Asian middle distillates rose on Monday in tandem with crude futures, but the regrade weakened to nearly a 7-month low on gas oil's strength, slack heating fuel demand in Japan and growing jet fuel supplies.
Published 30 Jan, 2007 12:00am
Malaysian tin falls

Malaysian tin falls

Malaysian tin fell 1.3 percent on Monday, snapping an eight-day rally that lifted prices to record highs. A dealer said sustained Japanese and European demand helped cushion the fall.
Published 30 Jan, 2007 12:00am
Gold rebounds in slow trade

Gold rebounds in slow trade

Gold bounced back on Monday, tracking a rise in Japanese futures, but a firm dollar ahead of a meeting of the US Federal Reserve capped gains and the metal struggled to recapture the $650 level hit last week.
Published 30 Jan, 2007 12:00am
Tocom gold futures up

Tocom gold futures up

Tokyo precious metals futures rose on Monday as the yen's decline to a four-year low fuelled across-the-board buying, prompting the key gold contract to revisit the 8-month high touched last week.
Published 30 Jan, 2007 12:00am
Shanghai copper closes up

Shanghai copper closes up

Shanghai copper futures rose 1.65 percent on Monday, in volatile trade as the market reacted to sales of physical copper, dealers said. "Shanghai futures dipped briefly at midday when physical premiums dropped. There are bits and pieces of business like t
Published 30 Jan, 2007 12:00am
Clean tanker rates continue slide

Clean tanker rates continue slide

Asian spot freight rates for mid-sized clean tankers loading from the Middle East continued a slide on Monday versus week-ago levels, as naphtha loadings remained thin for January.
Published 30 Jan, 2007 12:00am
Russian gold output to fall

Russian gold output to fall

Russian gold output is expected to fall 2-4 percent this year, the third consecutive year of decline, as open-pit placer deposits are becoming depleted, the head of the country's main industry lobby said on Monday.
Published 30 Jan, 2007 12:00am
Singapore bunker fuel prices rise

Singapore bunker fuel prices rise

Singapore bunker prices rose on Monday, with differentials to fuel oil cargo values firmer at $9-10, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $283-$285 a tonne, while its differential to fuel oil stood at $9.40 a tonne, up
Published 30 Jan, 2007 12:00am
Dubai wins Chinese port project

Dubai wins Chinese port project

Dubai Ports World has won regulatory approval to build a 3.48 billion yuan ($448 million) container port project in east China, the country's top economic planner said on Monday.
Published 30 Jan, 2007 12:00am
Grain exports from port of Rouen

Grain exports from port of Rouen

Grain exports from the French port of Rouen totalled 532,720 tonnes for January 1-24, comprising 506,370 tonnes of wheat and 26,350 tonnes of barley, port officials said on Monday.
Published 30 Jan, 2007 12:00am
Hyundai steel in talks with ThyssenKrupp

Hyundai steel in talks with ThyssenKrupp

Hyundai Steel Co, South Korea's second-biggest steel maker, said on Monday it is in talks with Japan's No 2 maker JFE Steel Co and Germany's ThyssenKrupp to broaden ties, but no details have been set.
Published 30 Jan, 2007 12:00am
Indonesian palm oil producers oppose export curbs

Indonesian palm oil producers oppose export curbs

Indonesian palm oil producers are urging the government not to raise export taxes or apply export quotas to secure supplies for domestic refiners, saying such moves would hurt overseas demand, an industry official said on Monday.
Published 30 Jan, 2007 12:00am
Rains persist over Brazil's CW soya belt

Rains persist over Brazil's CW soya belt

Rain should continue over Brazil's center-west soyabean belt this week, as the region gears up to begin harvesting on a wider scale, meteorologist Somar predicted Monday.
Published 30 Jan, 2007 12:00am
Japanese, South Korean corn buyers likely to keep low profile

Japanese, South Korean corn buyers likely to keep low profile

Japanese and South Korean corn buyers are likely to keep a low profile this week in hopes that their importing costs will fall further, industry sources said. Demand for Chinese feed wheat, an alternative to feed corn, from South Korean grain importers se
Published 30 Jan, 2007 12:00am
Asian naphtha prices edge up

Asian naphtha prices edge up

Asian naphtha prices edged up on rises in oil futures prices on Monday, while the premium against ICE Brent continued to ease as some end-users had preferred alternative cheaper cargoes.
Published 30 Jan, 2007 12:00am
Asia to drive growth of GMO crops

Asia to drive growth of GMO crops

Asia will be the driving force behind biotech crops in the next 10 years, despite China's hesitancy about approving gene-modified rice, a Chinese scientist and an international body said on Monday.
Published 30 Jan, 2007 12:00am
Brazilian coffee set for another wet week

Brazilian coffee set for another wet week

A new cold weather front moving north through Brazil's main coffee belt will bring more heavy rain to Minas Gerais and other important producer states, private meteorologist Somar predicted Monday.
Published 30 Jan, 2007 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended on Monday (January 29, 2007).
Published 30 Jan, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (January 29, 2007).

Published 30 Jan, 2007 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 20th January 2007

Published 30 Jan, 2007 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 20th January 2007

Published 30 Jan, 2007 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 30 Jan, 2007 12:00am
New York Cotton Rates

New York Cotton Rates

Monday's closing prices of New York cotton in US cents/lb.

Published 30 Jan, 2007 12:00am
New York Cotton Rates

New York Cotton Rates

Monday's closing prices of New York cotton in US cents/lb.

Published 30 Jan, 2007 12:00am
The Weather

The Weather

The weather report on Monday (January 29, 2007) and the forecast for Tuesday (January 30, 2007).
Published 30 Jan, 2007 12:00am
Pakistan and Belgium to expand trade relations

Pakistan and Belgium to expand trade relations

Pakistan and Belgium on Monday decided to expand co-operation for increasing their political, diplomatic, trade, economic and cultural relations for the benefit of people of two countries.
Published 30 Jan, 2007 12:00am
Pakistan and Belgium to expand trade relations

Pakistan and Belgium to expand trade relations

Pakistan and Belgium on Monday decided to expand co-operation for increasing their political, diplomatic, trade, economic and cultural relations for the benefit of people of two countries.
Published 30 Jan, 2007 12:00am
Pakistan and Belgium to expand trade relations

Pakistan and Belgium to expand trade relations

Pakistan and Belgium on Monday decided to expand co-operation for increasing their political, diplomatic, trade, economic and cultural relations for the benefit of people of two countries.
Published 30 Jan, 2007 12:00am
Saudi Arabia names new ambassador to US

Saudi Arabia names new ambassador to US

Saudi Arabia on Monday announced that Adel al-Jubeir, an advisor to King Abdullah, has been named as its new ambassador to the United States, the oil-rich kingdom's top diplomatic posting.
Published 30 Jan, 2007 12:00am
Future of trade bodies uncertain

Future of trade bodies uncertain

The future of trade bodies hang in balance due to inordinate delay in the announcement of rules governing their future set-up as enunciated under the Trade Organisations Ordinance (TOO) - 2006.
Published 30 Jan, 2007 12:00am
MTC's Celtel to invest $1.4 billion in Nigerian unit

MTC's Celtel to invest $1.4 billion in Nigerian unit

Africa's number three mobile phone operator, Celtel, will inject an additional $1.4 billion into its Nigerian unit this year with a view to increasing its subscriber base, the company said on Monday.
Published 30 Jan, 2007 12:00am
Etihad Airways to fly to Sydney

Etihad Airways to fly to Sydney

Abu Dhabi-based Etihad Airways will operate three weekly non-stop flights to Sydney starting on March 26, the airline said Monday. Airbus A340-500 aircraft will be used on the service to the Australian city, which will become daily from June 29, it said i
Published 30 Jan, 2007 12:00am
CBR may appoint Usman Khalid as private member

CBR may appoint Usman Khalid as private member

The Central Board of Revenue (CBR) may appoint Usman Khalid Mirza, a grade-21 official of Income Tax Group as a private member. Sources told Business Recorder on Monday that the board is likely to appoint Mirza, Director General Inspection and Inte
Published 30 Jan, 2007 12:00am
CBR may appoint Usman Khalid as private member

CBR may appoint Usman Khalid as private member

The Central Board of Revenue (CBR) may appoint Usman Khalid Mirza, a grade-21 official of Income Tax Group as a private member. Sources told Business Recorder on Monday that the board is likely to appoint Mirza, Director General Inspection and Inte
Published 30 Jan, 2007 12:00am
CBR may appoint Usman Khalid as private member

CBR may appoint Usman Khalid as private member

The Central Board of Revenue (CBR) may appoint Usman Khalid Mirza, a grade-21 official of Income Tax Group as a private member. Sources told Business Recorder on Monday that the board is likely to appoint Mirza, Director General Inspection and Inte
Published 30 Jan, 2007 12:00am
Solar water purification plants inaugurated

Solar water purification plants inaugurated

The Nice Link Trust inaugurated its eight project of installing water desalination plant and water desalination through solar system at Ibrahim Haidry and Rehri here the other day.
Published 30 Jan, 2007 12:00am
Solar water purification plants inaugurated

Solar water purification plants inaugurated

The Nice Link Trust inaugurated its eight project of installing water desalination plant and water desalination through solar system at Ibrahim Haidry and Rehri here the other day.
Published 30 Jan, 2007 12:00am
Sanofi, Bristol-Myers sign pre-merger deal

Sanofi, Bristol-Myers sign pre-merger deal

Sanofi-Aventis and Bristol-Myers Squibb Co could announce a friendly merger deal within the next few weeks to create the world's biggest drugs company, according to a report on Monday. In an unsourced story, French financial newsletter La Lettre de l'Expa
Published 30 Jan, 2007 12:00am
Plant Breeders'' Rights Act: Minfal to submit draft to cabinet

Plant Breeders'' Rights Act: Minfal to submit draft to cabinet

The Ministry of Food, Agriculture and Livestock (Minfal) will present draft copy of Plant Breeders'' Rights Act to the federal cabinet for its approval, Business Recorder learnt on Monday. "The proposed act is likely to be laid before the cabinet i
Published 30 Jan, 2007 12:00am
Plant Breeders' Rights Act: Minfal to submit draft to cabinet

Plant Breeders' Rights Act: Minfal to submit draft to cabinet

The Ministry of Food, Agriculture and Livestock (Minfal) will present draft copy of Plant Breeders' Rights Act to the federal cabinet for its approval, Business Recorder learnt on Monday. "The proposed act is likely to be laid before the cabinet in
Published 30 Jan, 2007 12:00am
Plant Breeders' Rights Act: Minfal to submit draft to cabinet

Plant Breeders' Rights Act: Minfal to submit draft to cabinet

The Ministry of Food, Agriculture and Livestock (Minfal) will present draft copy of Plant Breeders' Rights Act to the federal cabinet for its approval, Business Recorder learnt on Monday. "The proposed act is likely to be laid before the cabinet in
Published 30 Jan, 2007 12:00am
Philips wins permission to buy Belgium's PLI

Philips wins permission to buy Belgium's PLI

Philips Electronics won permission from the European Commission on Monday to buy Belgian lamp and light fittings maker Partners in Lighting (PLI) from private equity group CVC Capital Partners.
Published 30 Jan, 2007 12:00am
Rockets hit Panjgur airport, FC camp

Rockets hit Panjgur airport, FC camp

Unknown terrorists fired seven rockets, targeting Panjgur airport and FC camp on Monday morning. Rockets firing jolted the city and people came out of their houses. Four rockets hit MT section in FC camp located in the heart of city. It caused holes in th
Published 30 Jan, 2007 12:00am
Rockets hit Panjgur airport, FC camp

Rockets hit Panjgur airport, FC camp

Unknown terrorists fired seven rockets, targeting Panjgur airport and FC camp on Monday morning. Rockets firing jolted the city and people came out of their houses. Four rockets hit MT section in FC camp located in the heart of city. It caused holes in th
Published 30 Jan, 2007 12:00am
Tyson Foods posts profit

Tyson Foods posts profit

Tyson Foods Inc, the largest US meat company, on Monday said quarterly profit rose 46 percent to beat Wall Street estimates by a large margin as cost-cutting measures kicked in, and the company's shares gained more than 5 percent.
Published 30 Jan, 2007 12:00am
Tyson Foods posts profit

Tyson Foods posts profit

Tyson Foods Inc, the largest US meat company, on Monday said quarterly profit rose 46 percent to beat Wall Street estimates by a large margin as cost-cutting measures kicked in, and the company's shares gained more than 5 percent.
Published 30 Jan, 2007 12:00am
''Pakistan now better placed for foreign investors''

''Pakistan now better placed for foreign investors''

Reforms introduced in last three years have transformed Pakistan into an attractive destination for foreign investment and the country is attracting foreign investment as compared to other countries of the world.
Published 30 Jan, 2007 12:00am
'Pakistan now better placed for foreign investors'

'Pakistan now better placed for foreign investors'

Reforms introduced in last three years have transformed Pakistan into an attractive destination for foreign investment and the country is attracting foreign investment as compared to other countries of the world.
Published 30 Jan, 2007 12:00am
'Pakistan now better placed for foreign investors'

'Pakistan now better placed for foreign investors'

Reforms introduced in last three years have transformed Pakistan into an attractive destination for foreign investment and the country is attracting foreign investment as compared to other countries of the world.
Published 30 Jan, 2007 12:00am
Shilpa wins British TV show after race row

Shilpa wins British TV show after race row

Bollywood actress Shilpa Shetty sought to put a racist bullying row behind her after winning Britain's "Celebrity Big Brother" television show, a triumph tipped to elevate her career beyond India's silver screen.
Published 30 Jan, 2007 12:00am
Shilpa wins British TV show after race row

Shilpa wins British TV show after race row

Bollywood actress Shilpa Shetty sought to put a racist bullying row behind her after winning Britain's "Celebrity Big Brother" television show, a triumph tipped to elevate her career beyond India's silver screen.
Published 30 Jan, 2007 12:00am
Four Russian troops killed in Chechnya

Four Russian troops killed in Chechnya

Four Russian servicemen and one Chechen rebel were killed on Monday in clashes in the southern region of Chechnya, media reported. Interfax news agency said a group of Russian soldiers came under fire during a special operation against militants in a fore
Published 30 Jan, 2007 12:00am
Hillary Clinton wins converts, faces questions in Iowa

Hillary Clinton wins converts, faces questions in Iowa

Hillary Rodham Clinton won new converts and thrilled old fans with a polished performance on her first campaign foray to Iowa, but left plenty of questions for Democrats evaluating the crowded field of White House contenders.
Published 30 Jan, 2007 12:00am
Prince Charles given environment award in US

Prince Charles given environment award in US

Britain's Prince Charles accepted an award here Sunday for his years-long environmental efforts, even as his transatlantic flight to America was criticised as an ecologically harmful junket.
Published 30 Jan, 2007 12:00am
Paper companies Abitibi and Bowater to merge

Paper companies Abitibi and Bowater to merge

US paper company Bowater Inc will merge with Canadian peer Abitibi-Consolidated Inc, creating North America's largest newsprint maker in a bid to revive the struggling business, the companies said on Monday.
Published 30 Jan, 2007 12:00am
Mattel posts higher quarterly profit

Mattel posts higher quarterly profit

Mattel Inc, the largest US toymaker, posted a higher-than-expected fourth-quarter profit on Monday as sales of its T.M.X Elmo and Barbie line jumped during the holiday quarter, sending its shares to a new 52-week high.
Published 30 Jan, 2007 12:00am
Mattel posts higher quarterly profit

Mattel posts higher quarterly profit

Mattel Inc, the largest US toymaker, posted a higher-than-expected fourth-quarter profit on Monday as sales of its T.M.X Elmo and Barbie line jumped during the holiday quarter, sending its shares to a new 52-week high.
Published 30 Jan, 2007 12:00am
Canadian manufacturers upbeat on sales, woes remain

Canadian manufacturers upbeat on sales, woes remain

Canadian manufacturers see sales rising in the first quarter of this year and fewer impediments to production, but their overall outlook remains largely negative, a Statistics Canada survey showed on Monday.
Published 30 Jan, 2007 12:00am
Indonesia sees new urgency for trade talks deal

Indonesia sees new urgency for trade talks deal

Indonesia's trade minister said on Monday she was cautiously optimistic about the prospects for world trade talks, saying there was a renewed sense of commitment and urgency to reach a deal.
Published 30 Jan, 2007 12:00am
DHAs reluctant to provide property data to MTUs

DHAs reluctant to provide property data to MTUs

The Defence Housing Authorities (DHAs) and real estate registration office in the provinces are reluctant to provide property buying/selling data to the income tax authorities for brining them into the tax net.
Published 30 Jan, 2007 12:00am
Relief package for textile sector likely this week

Relief package for textile sector likely this week

The Prime Minister Shaukat Aziz is likely to announce a relief package for the textile sector this week. The long-awaited textile package is likely to overcome the present difficulties being faced by the sector, owing to tough competition from China, Indi
Published 30 Jan, 2007 12:00am
Relief package for textile sector likely this week

Relief package for textile sector likely this week

The Prime Minister Shaukat Aziz is likely to announce a relief package for the textile sector this week. The long-awaited textile package is likely to overcome the present difficulties being faced by the sector, owing to tough competition from China, Indi
Published 30 Jan, 2007 12:00am
Relief package for textile sector likely this week

Relief package for textile sector likely this week

The Prime Minister Shaukat Aziz is likely to announce a relief package for the textile sector this week. The long-awaited textile package is likely to overcome the present difficulties being faced by the sector, owing to tough competition from China, Indi
Published 30 Jan, 2007 12:00am
DHAs reluctant to provide property data to MTUs

DHAs reluctant to provide property data to MTUs

The Defence Housing Authorities (DHAs) and real estate registration office in the provinces are reluctant to provide property buying/selling data to the income tax authorities for brining them into the tax net.
Published 30 Jan, 2007 12:00am
Gold import down by 53 percent last month

Gold import down by 53 percent last month

Gold import has declined by 53 percent during December 2006 as compared to the corresponding period in 2005, due to rising price of the yellow metal in the international market. Analysts say that during the last six months the price of gold has been movin
Published 30 Jan, 2007 12:00am
DHAs reluctant to provide property data to MTUs

DHAs reluctant to provide property data to MTUs

The Defence Housing Authorities (DHAs) and real estate registration office in the provinces are reluctant to provide property buying/selling data to the income tax authorities for brining them into the tax net.
Published 30 Jan, 2007 12:00am