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Trade among Islamic states to grow 20pct - 0 views

Riffat Mughal on 11 Oct 11

JEDDAH: The International Islamic Trade Finance Corporation (ITFC), an affiliate of the IDB Group, is making intense efforts to increase trade among members of the Organization of Islamic Cooperation (OIC) to 20 percent of their total trade by 2015. It has given $13 billion since 2008 to finance trade.

<div class="cArrow"> </div><div class="cContentInner">JEDDAH: The International Islamic Trade Finance Corporation (ITFC), an affiliate of the IDB Group, is making intense efforts to increase trade among members of the Organization of Islamic Cooperation (OIC) to 20 percent of their total trade by 2015. It has given $13 billion since 2008 to finance trade.</div>

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Agritech reports loss of Rs 295.221mln in FY11 - 0 views

Riffat Mughal on 11 Oct 11

KARACHI: Agritech Limited (AGL) declares loss of Rs 295.221 million for the year ended on June 30, 2011 as against profits after taxation of Rs 853.248 million in the previous year.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Agritech Limited (AGL) declares loss of Rs 295.221 million for the year ended on June 30, 2011 as against profits after taxation of Rs 853.248 million in the previous year.</div>

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Car sales gear up by 27 percent - 0 views

Riffat Mughal on 11 Oct 11

KARACHI: The car sales in the country escalated by 27 percent during the first quarter of the new fiscal year, according to the statistics released by Pakistan Automotive Manufacturers Association (PAMA) on Monday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The car sales in the country escalated by 27 percent during the first quarter of the new fiscal year, according to the statistics released by Pakistan Automotive Manufacturers Association (PAMA) on Monday.</div>

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Lotte eyes increase in import tariffs - 0 views

Riffat Mughal on 11 Oct 11

SINGAPORE: Lotte Pakistan PTA (LOTPTA) depends on government's decision to increase import tariffs to expand investments in its purified terephthalic acid (PTA) production capacity to 1.5 million tons per year industry, said the report published in ICIS news.

<div class="cArrow"> </div><div class="cContentInner">SINGAPORE: Lotte Pakistan PTA (LOTPTA) depends on government's decision to increase import tariffs to expand investments in its purified terephthalic acid (PTA) production capacity to 1.5 million tons per year industry, said the report published in ICIS news.</div>

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Remittances surge by 25 percent to $3.3bln - 0 views

Riffat Mughal on 11 Oct 11

KARACHI: The overseas Pakistani workers remitted an amount of $ 3,297.20 million in the first quarter (July - September) of the current fiscal year 2011-12 (FY12), showing a growth of 24.60 percent or $ 650.9 million compared with $ 2,646.30 million received during the same period of last fiscal year (July- September 2010).

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The overseas Pakistani workers remitted an amount of $ 3,297.20 million in the first quarter (July - September) of the current fiscal year 2011-12 (FY12), showing a growth of 24.60 percent or $ 650.9 million compared with $ 2,646.30 million received during the same period of last fiscal year (July- September 2010). </div>

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Pakistan gold prices up - 0 views

Riffat Mughal on 11 Oct 11

KARACHI: Pakistan gold rates up on Monday in major bullion markets of the cities with increase in international gold market.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan gold rates up on Monday in major bullion markets of the cities with increase in international gold market.</div>

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Sept trade deficit narrows to $1.786bln - 0 views

Riffat Mughal on 11 Oct 11

KARACHI: Pakistan's trade deficit narrowed to $1.786 billion in September from $1.842 billion in August, the Federal Bureau of Statistics said on Tuesday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan's trade deficit narrowed to $1.786 billion in September from $1.842 billion in August, the Federal Bureau of Statistics said on Tuesday.</div>

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Shares rise after china bank move, euro firm - 0 views

Riffat Mughal on 11 Oct 11

SINGAPORE: Asian shares rose on Tuesday after China moved to support its stock market by buying shares of major banks, and the euro held the previous session's big gains on hopes that European leaders are finally taking action to protect the continent's lenders.

<div class="cArrow"> </div><div class="cContentInner">SINGAPORE: Asian shares rose on Tuesday after China moved to support its stock market by buying shares of major banks, and the euro held the previous session's big gains on hopes that European leaders are finally taking action to protect the continent's lenders.</div>

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Brent stays near $109 on Europe optimism, Kuwait strike - 0 views

Riffat Mughal on 11 Oct 11

SINGAPORE: Brent crude held near $109 on Tuesday on cautious optimism that European banks may avert a financial crisis after leaders promised a plan to resolve the region's debt woes while a strike in OPEC member Kuwait threatened exports.

<div class="cArrow"> </div><div class="cContentInner">SINGAPORE: Brent crude held near $109 on Tuesday on cautious optimism that European banks may avert a financial crisis after leaders promised a plan to resolve the region's debt woes while a strike in OPEC member Kuwait threatened exports.</div>

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Active trade at cotton market after policy rate slash - 0 views

Riffat Mughal on 11 Oct 11

KARACHI: Traders participated in active trading on Monday over the news that State Bank of Pakistan has reduced policy rate by 150 basis points to 12 percent.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Traders participated in active trading on Monday over the news that State Bank of Pakistan has reduced policy rate by 150 basis points to 12 percent.</div>

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KMI: Market to continue rally - 0 views

Riffat Mughal on 11 Oct 11

KARACHI: Market would continue the rally today as investors' renewed buying interest could be witness in high dividend-yielding stocks.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Market would continue the rally today as investors' renewed buying interest could be witness in high dividend-yielding stocks.</div>

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Brisk buying further pushes cotton rates up - 0 views

Riffat Mughal on 10 Oct 11

KARACHI: Brisk buying by the mills and spinners pushed cotton prices further up. The prices at Karachi Cotton Association (KCA) surged by Rs 100 to Rs 6,300 on Saturday, dealers said.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Brisk buying by the mills and spinners pushed cotton prices further up. The prices at Karachi Cotton Association (KCA) surged by Rs 100 to Rs 6,300 on Saturday, dealers said. </div>

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FBR sets target revenue of Rs 477.1bln for 2QFY11 - 0 views

www.halaltamweel.com/...PAKISTAN-ECONOMY-FBR.aspx

FBR sets target revenue of Rs 477.1bln for 2QFY11

shared by Halal Tamweel on 08 Oct 11 - No Cached

Halal Tamweel on 08 Oct 11

KARACHI: The massive improvement in tax collection during the first quarter of the current fiscal year has prompted the Federal Board of Revenue (FBR) to set a higher revenue collection target of Rs 477.1 billion for the second quarter to meet the tax target of Rs 1952 billion for the current fiscal year.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The massive improvement in tax collection during the first quarter of the current fiscal year has prompted the Federal Board of Revenue (FBR) to set a higher revenue collection target of Rs 477.1 billion for the second quarter to meet the tax target of Rs 1952 billion for the current fiscal year.</div>

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12.5m bales of cotton production expected - 0 views

www.halaltamweel.com/...PAKISTAN-COTTON-rates.aspx

12.5m bales of cotton production expected

shared by Halal Tamweel on 08 Oct 11 - No Cached

Riffat Mughal on 08 Oct 11

KARACHI: Despite 80 percent loss to cotton crop in Sindh because of torrential rains and floods, 12.5 million bales are still expected to be produced by the country this year, with 10 million bales from Punjab and 2.5 million bales from Sindh.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Despite 80 percent loss to cotton crop in Sindh because of torrential rains and floods, 12.5 million bales are still expected to be produced by the country this year, with 10 million bales from Punjab and 2.5 million bales from Sindh.</div>

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Halal Tamweel on 08 Oct 11

KARACHI: Despite 80 percent loss to cotton crop in Sindh because of torrential rains and floods, 12.5 million bales are still expected to be produced by the country this year, with 10 million bales from Punjab and 2.5 million bales from Sindh.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Despite 80 percent loss to cotton crop in Sindh because of torrential rains and floods, 12.5 million bales are still expected to be produced by the country this year, with 10 million bales from Punjab and 2.5 million bales from Sindh.</div>

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SUKUK: A feather in the cap of Malaysia's budget - 0 views

Riffat Mughal on 08 Oct 11

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak on Friday unveiled the 2012 Budget of Malaysia in which sukuk (Islamic bond) market, has emerged as a feather in the cap for Malaysia's Islamic finance.

<div class="cArrow"> </div><div class="cContentInner">KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak on Friday unveiled the 2012 Budget of Malaysia in which sukuk (Islamic bond) market, has emerged as a feather in the cap for Malaysia's Islamic finance.</div>

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Halal Tamweel on 08 Oct 11

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak on Friday unveiled the 2012 Budget of Malaysia in which sukuk (Islamic bond) market, has emerged as a feather in the cap for Malaysia's Islamic finance.

<div class="cArrow"> </div><div class="cContentInner">KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak on Friday unveiled the 2012 Budget of Malaysia in which sukuk (Islamic bond) market, has emerged as a feather in the cap for Malaysia's Islamic finance.</div>

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Pakistan cotton follows upward trend - 0 views

Riffat Mughal on 08 Oct 11

KARACHI: Brisk buying at cotton market pushed rates up. The prices at Karachi Cotton Association (KCA) surged by Rs 100 to Rs 6,200 on Friday, dealers said.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Brisk buying at cotton market pushed rates up. The prices at Karachi Cotton Association (KCA) surged by Rs 100 to Rs 6,200 on Friday, dealers said. </div>

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Halal Tamweel on 08 Oct 11

KARACHI: Brisk buying at cotton market pushed rates up. The prices at Karachi Cotton Association (KCA) surged by Rs 100 to Rs 6,200 on Friday, dealers said.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Brisk buying at cotton market pushed rates up. The prices at Karachi Cotton Association (KCA) surged by Rs 100 to Rs 6,200 on Friday, dealers said.</div>

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Project worth US $ 166 million for import of LNG signed - 0 views

Riffat Mughal on 08 Oct 11

ISLAMABAD: The first Liquified Natural Gas (LNG) terminal project for the import of 400-500 million cubic feet (mmcf) LNG was signed here on Friday in order to overcome energy crisis in the country and to reduce growing dependence on expensive furnace oil.

<div class="cArrow"> </div><div class="cContentInner">ISLAMABAD: The first Liquified Natural Gas (LNG) terminal project for the import of 400-500 million cubic feet (mmcf) LNG was signed here on Friday in order to overcome energy crisis in the country and to reduce growing dependence on expensive furnace oil.</div>

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Weekly SPI registers increase - 0 views

Riffat Mughal on 08 Oct 11

KARACHI: The Sensitive Price Indicator (SPI) has registered an increase of 0.26 percent for the week ended on October 6 over the previous week.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: The Sensitive Price Indicator (SPI) has registered an increase of 0.26 percent for the week ended on October 6 over the previous week. </div>

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Auto industry fears of new players - 0 views

Riffat Mughal on 08 Oct 11

LAHORE: The automobile industry of Pakistan has showed serious concerns over the government recent stance to invite new players in the domestic automobile industry to reap the new announced benefits.

<div class="cArrow"> </div><div class="cContentInner">LAHORE: The automobile industry of Pakistan has showed serious concerns over the government recent stance to invite new players in the domestic automobile industry to reap the new announced benefits.</div>

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Gold drops 1 pct after Italy, Spain downgraded - 0 views

Riffat Mughal on 08 Oct 11

NEW YORK/LONDON: Gold fell around 1 percent on Friday, as bullion investors raised cash to cover margin calls amid losses in the equity markets after Fitch downgraded the credit ratings of Spain and Italy.

<div class="cArrow"> </div><div class="cContentInner">NEW YORK/LONDON: Gold fell around 1 percent on Friday, as bullion investors raised cash to cover margin calls amid losses in the equity markets after Fitch downgraded the credit ratings of Spain and Italy. </div>

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Halal Tamweel

Trade among Islamic states to grow 20pct - 0 views

Agritech reports loss of Rs 295.221mln in FY11 - 0 views

Car sales gear up by 27 percent - 0 views

Lotte eyes increase in import tariffs - 0 views

Remittances surge by 25 percent to $3.3bln - 0 views

Pakistan gold prices up - 0 views

Sept trade deficit narrows to $1.786bln - 0 views

Shares rise after china bank move, euro firm - 0 views

Brent stays near $109 on Europe optimism, Kuwait strike - 0 views

Active trade at cotton market after policy rate slash - 0 views

KMI: Market to continue rally - 0 views

Brisk buying further pushes cotton rates up - 0 views

FBR sets target revenue of Rs 477.1bln for 2QFY11 - 0 views

12.5m bales of cotton production expected - 0 views

SUKUK: A feather in the cap of Malaysia's budget - 0 views

Pakistan cotton follows upward trend - 0 views

Project worth US $ 166 million for import of LNG signed - 0 views

Weekly SPI registers increase - 0 views

Auto industry fears of new players - 0 views

Gold drops 1 pct after Italy, Spain downgraded - 0 views

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