AsiaPulse News back issues from October 2001:
DIARY - 7TH ASIA CONSTRUCT CONFERENCE TO BE ON OCTOBER 3.
Oct 01, 2001 ... NEW DELHI, Oct 1 Asia Pulse - Over 100 exhibitors from about 16 countries including construction majors Svedala Industries, Stewols & Co, Finlay, L & T are expected to participate in the seventh Asia Construct conference beginning tomorrow. The event, which will focus on various ...
AUSTRALIA'S AWB INCREASES WHEAT PRICES FOR MAJORITY OF GRADES.
Oct 01, 2001 ... MELBOURNE, Oct 1 Asia Pulse - Wheat group AWB Ltd has increased the prices for the majority of the grades of new and old crops after reviewing National Pool estimates today. Through its wholly-owned subsidiary AWB (International) Ltd, AWB is the sole exporter of Australian ...
PAKISTAN NEWSPAPER HIGHLIGHTS - OCT 1, 2001.
Oct 01, 2001 ... KARACHI, Oct 1 Asia Pulse - Highlights of today's newspapers: DAWN - US may offer aid for toppling Taliban - Iran notes 41 warships in Gulf, Oman Sea - US responded to biological attack in New York - China's Premier warns terrorism is ...
STOCKS - MUSCAT SHARES CLOSE HIGHER - OCT 1, 2001.
Oct 01, 2001 ... MUSCAT, Oct 1 Asia Pulse - The general price index of the MSM today rose by 0,20 points to close at 167.14 points. A total of 234,521 shares and 635 bonds worth RO. 239,442 were traded today through 258 deals. The regular ...
OMANI COMMERCE & INDUSTRY MINISTER MEETS BUSINESSMEN AT OCCI.
Oct 01, 2001 ... MUSCAT, Oct 1 Asia Pulse - Commerce and Industry Minister Maqbool bin Ali Sultan has stressed the need to develop Omani exports and increase trade with sister countries. At a meeting he held with Omani businessmen and industrialists at the OCCI yesteday, he also said there was a ...
OMAN TENDER BOARD AWARDS TENDERS WORTH US$33.3 MILLION.
Oct 01, 2001 ... MUSCAT, Oct 1 Asia Pulse - The Oman Tender Board held its 21st meeting of the year yesterday, awarding tenders worth RO. 12,828,000 (US$33.3 million). The tenders awarded included a project valued RO. 4,253,000 to supply medicines and laboratory substances, another worth RO ....
PHILIPPINES SEEN AS SOURCE FOR TEACHERS, DOCTORS FOR THE UK: DOLE.
Oct 01, 2001 ... MANILA, Oct 1 Asia Pulse - The Philippines is regarded as a possible source of teachers and doctors to fill the increasing demand for such professionals in the United Kingdom, according to the Department of Labor and Employment (DOLE). In a report to the government, the ...
PHILIPPINES UNEMPLOYMENT RATE DROPPED BETWEEN JAN AND JULY.
Oct 01, 2001 ... MANILA, Oct 1 Asia Pulse - The unemployment rate had fallen to 10.1 per cent as of July this year from 11.4 per cent in January. Quoting figures from the National Statistics Office (NSO), Presidential Spokesman Rigoberto Tiglao said that the unemployment rate for July 2001 was ...
FOREX - US DOLLAR SHARPLY DEARER AGAINST RUPEE - Oct 1, 2001.
Oct 01, 2001 ... FOREX - US DOLLAR SHARPLY DEARER AGAINST RUPEE - Oct 1, 2001 $all $in $stx pticloser MUMBAI, Oct 1 Asia Pulse - The US dollar turned sharply dearer against the rupee at Rs 47.97/98 per dollar and the ...
STOCKS - BSE CLOSES DOWN - Oct 1, 2001.
Oct 01, 2001 ... STOCKS - BSE CLOSES DOWN - Oct 1, 2001 $all $in $stx pticloser MUMBAI, Oct 1 Asia Pulse - Reliance Industries Ltd (RIL) remained in the forefront, attracting brisk activity even as the sensex closed in negative territory in narrowly mixed activity on the Bombay Stock Exchange (BSE) today ...
STOCKS - DSE CLOSES DOWN - Oct 1, 2001.
Oct 01, 2001 ... STOCKS - DSE CLOSES DOWN - Oct 1, 2001 $all $in $stx pticloser NEW DELHI, Oct 1 Asia Pulse - In thin trading, equities led by index heavy Reliance Industries reacted to profit selling on the Delhi Stock Exchange today and placed the index marginally lower by 0.26 point ...
OPEN - ASIA PULSE INTERNATIONAL - OCT 1, 2001.
Oct 01, 2001 ... Good Morning. This is the Asia Pulse International service of business intelligence, news, tenders and expert commentary on the economies of Asia provided by Asia Pulse Pte Ltd (Asia Pulse). Asia Pulse reserves all rights including copyright in relation to services ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - OCT 1, 2001.
Oct 01, 2001 ... SYDNEY, Oct 1 Asia Pulse - Highlights of today's newspapers: THE DAILY TELEGRAPH - Night of Knights: special rugby league grand final edition. - Qantas chief says his airline did not deliberately set out to kill Ansett. - ASIO raid on homes of ...
S KOREAN SHIPPING FIRMS TO CHARGE MORE FOR MIDDLE EAST ROUTES.
Oct 01, 2001 ... SEOUL, Oct 1 Asia Pulse - Shipping companies operating routes encompassing the Middle East plan to charge a special wartime premium from Oct. 8, which is sure to undermine the competitive edge of Korean exporters, according to the Korea International Trade Association (KITA). ...
KOOKMIN, HOUSING & COMMERCIAL BANKS APPROVE MERGER.
Oct 01, 2001 ... SEOUL, Oct 1 Asia Pulse - Shareholders in the Kookmin and Housing & Commercial banks (H&CB) have approved their merger, despite hundreds of Kookmin Bank unionists picketing outside shareholder meeting venues to oppose the move. The Kookmin Bank convened a meeting of shareholders ...
ADB TECHNICAL - INDONESIA, RURAL FINANCE.
Oct 01, 2001 ... *** Asia Pulse Tender *** ******************************** ASIAN DEVELOPMENT BANK BUSINESS OPPORTUNITIES TECHNICAL ASSISTANCE PROJECT - ADVISORY SEPTEMBER 2001 ************************************* INDONESIA: Poor Farmer Income Improvement ...
FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - OCT 1, 2001.
Oct 01, 2001 ... SYDNEY, Oct 1 Asia Pulse - The Australian dollar open slightly weaker today with dealers noting that the public holiday in Sydney should limit the range over the course of the day. At 0910 AEST the Australian dollar was trading at $US0.4913/18 from $US0.4924/29 at Friday's local ...
NRMA INSURANCE TO SELL BUILDING SOCIETY FOR $US67MLN.
Oct 01, 2001 ... SYDNEY, Oct 1 Asia Pulse - Australia's NRMA Insurance Group Ltd (ASX:NRM) has announced today it will sell its Building Society operations to HSBC Bank Australia Ltd for around $A138 million ($US67.21 million). NRMA Insurance acting chief executive Ian Brown said the sale price ...
COMMONWEALTH HEAD VISITS AUSTRALIA FOR CHOGM TALKS.
Oct 01, 2001 ... BRISBANE, Oct 1 Asia Pulse - Commonwealth Secretary General Don McKinnon is to visit Brisbane today to meet with Queensland Premier Peter Beattie to discuss the postponed CHOGM meeting, which was due to be held in the Queensland capital from October 6-9. He will also thank the ...
ADB TECHNICAL - INDIA, POWER.
Oct 01, 2001 ... *** Asia Pulse Tender *** *********************************** ASIAN DEVELOPMENT BANK BUSINESS OPPORTUNITIES TECHNICAL ASSISTANCE PROJECT - ADVISORY SEPTEMBER 2001 ************************************ INDIA: Madhya Pradesh ...
ADB TECHNICAL - VIETNAM, REGULATORY.
Oct 01, 2001 ... *** Asia Pulse Tender *** ********************************* ASIAN DEVELOPMENT BANK BUSINESS OPPORTUNITIES TECHNICAL ASSISTANCE PROJECT - ADVISORY SEPTEMBER 2001 ******************************* VIETNAM - Eligibility of ...
BAX GLOBAL GRANTED NEW STATUS BY XIAMEN FREE TRADE ZONE.
Oct 01, 2001 ... (Full text of a statement. Contact details below.) SINGAPORE, Oct 1 PRNewswire-AsiaNet - Xiamen Customs has granted its first "Class A Company" distinction award in the Xiangyu Free Trade Zone to BAX Global Xiamen, it was announced recently. BAX Global, a US$2 billion ...
ADB TECHNICAL - INDIA, POWER.
Oct 01, 2001 ... *** Asia Pulse Tender *** ************************** ASIAN DEVELOPMENT BANK BUSINESS OPPORTUNITIES TECHNICAL ASSISTANCE PROJECT - ADVISORY SEPTEMBER 2001 ******************************* INDIA: Madhya Pradesh Power SDP ...
ADB TECHNICAL - TAJIKISTAN, LEGAL.
Oct 01, 2001 ... *** Asia Pulse Tender *** *************************************** ASIAN DEVELOPMENT BANK BUSINESS OPPORTUNITIES TECHNICAL ASSISTANCE PROJECT - ADVISORY SEPTEMBER 2001 ********************************** TAJIKISTAN: ...
TRADE EXCHANGE BETWEEN IRAN, TURKEY STANDS AT OVER US$730 MLN.
Oct 01, 2001 ... ANKARA, Oct 1 Asia Pulse - Trade exchange between Iran and Turkey stood at US$731.85 million in the first seven months of this year, Turkey's institute for governmental statistics announced on Sunday. The volume of trade exchange between the two countries last year stood at ...
BANK OF KOREA SUPPLIES CHUSOK FUNDS TOTALING US$3.51 BLN.
Oct 01, 2001 ... SEOUL, Oct 1 Asia Pulse - The Bank of Korea has supplied a total of 4.6 trillion won (US$3.51 billion) for Chusok (Korean Tanksgiving) holidays from Saturday through Wednesday. The central bank said Friday the amount is up 21.3 per cent from the 3.8 trillion won supplied for the ...
GLOBAL AVIATION NOW IN PARLOUS STATE: CATHAY PACIFIC.
Oct 01, 2001 ... MELBOURNE, Oct 1 Asia Pulse - The Hong Kong-based airline Cathay Pacific said today that terrorist attacks on the United States had placed the global aviation industry in a "parlous state", at an already difficult time for the sector. Asian airlines have had some shelter from ...
IRANIAN FIRMS PARTICIPATE EXTENSIVELY IN KUWAIT FAIR.
Oct 01, 2001 ... KUWAIT CITY, Oct 1 Asia Pulse - Iran is attending an international trad fair dubbed `Gifts' that opened in Kuwait on Wednesday, according to the Saturday edition of the English-language newspaper `Iran Daily' Carpets, paintings and handicrafts along with a number of traditional ...
IRANIAN GOVT ASKED TO PLAN TARGETS UNDER THIRD 5YR PLAN.
Oct 01, 2001 ... TEHRAN, Oct 1 Asia Pulse - The Management and Planning Organization (MPO) has announced that the Iranian parliament, the Majlis, has asked the government to plan targets for subsidies of basic commodities and oil derivatives for the second year of the Third Five-Year Economic Development ...
IRAN PRODUCES 25PCT MORE ALUMINUM 1H 2001.
Oct 01, 2001 ... BANDAR ABBAS, Hormuzgan Prov, Oct 1 Asia Pulse - Aluminum production has risen by about 25 per cent in Iran in the first six months of this year, according to the director of the provincial Al-Mahdi Aluminum Production Complex, Abdolmahdi Rezazadeh. About 12,432 tons of aluminum ...
WFP ALLOCATES US$19 MLN AID PACKAGE TO IRAN FOR REFUGEES.
Oct 01, 2001 ... MASHHAD, Oct 1 Asia Pulse - World Food Program (WFP) representative in Iran, Marius De-Gaay Fortman told IRNA Sunday, "WFP's US$19 million aid package to Iran is intended to supply food for Afghan refugees who may seek asylum in Iran in case of U.S. attacks on Afghanistan." ...
STOCKS - AUSTRALIAN INDEX OPENS HIGHER - OCT 1, 2001.
Oct 01, 2001 ... SYDNEY, Oct 1 Asia Pulse - The Australian sharemarket opened in positive territory today supported by a strong finish on Wall Street on Friday where investors continued to look for bargains and the markets regained some of the ground lost after the terrorist attacks in the US. ...
AUSTRALIAN GOVT AWARDS $US21MLN DEFENCE CONTRACT TO ADI.
Oct 01, 2001 ... CANBERRA, Oct 1 Asia Pulse - The Australian government has awarded ADI Ltd a $A45 million ($US21.92 million) contract to build six water craft for the Australian Army, Defence Minister Peter Reith said. The minister made the announcement in Newcastle today. He said ...
DROUGHT INFLICTS US$490 MLN IN DAMAGE TO WEST IRANI PROVINCE.
Oct 01, 2001 ... SHAHR-E KORD, Chaharmahal-Bakhtiari Prov, Oct 1 Asia Pulse - The drough which hit Chaharmahal-Bakhtiari province (west Iran) this year inflicted over Rls 850 billion (US$490 million) in damage to its agriculture, livestock and fisheries sectors as well as to farmlands and various natural ...
RESERVE BANK OF AUSTRALIA EXPECTED TO CUT RATES TUESDAY.
Oct 01, 2001 ... MELBOURNE, Oct 1 Asia Pulse - Financial markets will focus this week on the size of a much-anticipated cut in interest rates this week as investors continue to grapple with what the US terrorist attacks mean for the global economy. Most economists believe the Reserve Bank of ...
OMAN SIGNS NEW OIL DATA AGREEMENT WITH PGS GEOPHYSICAL.
Oct 01, 2001 ... MUSCAT, Oct 1 Asia Pulse - The Oman Sultanate government and PGS Geophysical have signed a new agreement to increase, improve and market geophysical data on offshore oil block No.41. The agreement was signed on behalf of the Sultanate government by Dr. Mohammed bin Hamad al ...
PBL FORECASTS TOUGH OUTLOOK FOR YEAR AHEAD.
Oct 01, 2001 ... MELBOURNE, Oct 1 Asia Pulse - Kerry Packer's Publishing and Broadcasting Ltd (ASX:PBL) has forecast in its annual report that conditions will remain tough in the current financial year, with a pick-up not anticipated until the second half, at the earliest. "We believe that ...
NEW NO-FRILLS ANSETT MAY EXTEND FLIGHTS UNTIL CHRISTMAS.
Oct 01, 2001 ... SYDNEY, Oct 1 Asia Pulse - Ansett's administrators have indicated they may extend their 12-week ticket guarantee deal with the federal government to take advantage of Christmas/New Year travel demand. Administrator Mark Korda today flagged an extension to the three-month ...
IRANIAN PROVINCE EXPORTS US$2.8 MLN OF LUGGAGE IN FIRST HALF.
Oct 01, 2001 ... RASHT, Oct 1 Asia Pulse - Over Rls 5 billion (US$2.88 million) worth of carry-on luggage goods were exported abroad from Gilan province in the first half of the current Iranian year, the province's commercial managing director, Gholam Hussein Cardoost, said on Sunday. During the ...
SIEMENS TAIWAN WINS CORE CONTRACTS FOR KAOHSIUNG MRT SYSTEM.
Oct 01, 2001 ... TAIPEI, Oct 1 Asia Pulse - The Taiwan affiliate of Germany's Siemens Group has won core contracts from Kaohsiung City for the development of the first mass rapid transport (MRT) system in southern Taiwan worth close to NT$170 billion (US$4.9 billion), industrial sources reported Sunday. ...
OPEC OIL OUTPUT DECISION BACKED BY OMAN.
Oct 01, 2001 ... MUSCAT, Oct 1 Asia Pulse - OPEC's recent agreement to leave oil output unchanged will benefit the oil market, according to Rashid bin Khalid al Barwani, marketing affairs advisor to the minister for oil and gas. Al Barwani said the sultanate was cooperating with the cartel to ...
TAIWAN GIVES GO-AHEAD FOR 8 BANKS TO OPEN OFFICES IN MAINLAND.
Oct 01, 2001 ... TAIPEI, Oct 1 Asia Pulse - The Ministry of Finance (MOF) gave the green light Friday to eight domestic banks, including the United World Chinese Commercial Bank, to set up offices in mainland China, a government official said Friday. Seven others given the go-ahead to branch out ...
IRAN'S GILAN PROVINCE EXPORTS US$3.02 MLN IN GOODS IN H1.
Oct 01, 2001 ... RASHT, GILAN PROVINCE, Oct 1 Asia Pulse - Over rls 5.3 billion (US$3.02 million) worth of suitcase goods were exported by the various customs offices of Iran's Gilan Province during the first half of the current Iranian year (started March 21), the director-general of the province's ...
NEW $US28MLN TAIPEI COMMERCIAL EXHIBITION CENTRE OPENS.
Oct 01, 2001 ... TAIPEI, Oct 1 Asia Pulse - The new NT$1 billion (US$28.98 million) Taipei County Commercial Exhibition Center has been opened in Wuku Industrial Park in a ceremony hosted by President Chen Shui-bian. President Chen said during the ribbon-cutting ceremony that he hoped the center ...
TAIWAN'S EVA AIRWAYS TO SLASH FLIGHTS TO U.S. AND S.E. ASIA.
Oct 01, 2001 ... TAIPEI, Oct 1 Asia Pulse - Taiwan carrier Eva Airways Corp. (TAIEX:5606) announced Saturday that in the face of the increasingly sluggish aviation market following the recent terrorist attacks in the United States, it has decided to cut down the number of its flights to the United States ...
MINISTER PESSIMISTIC OVER EARLY RECOVERY OF TAIWAN ECONOMY.
Oct 01, 2001 ... TAIPEI, Oct 1 Asia Pulse - Taiwan Minister of Economic Affairs Lin Hsin-yi said Saturday that an early recovery of Taiwan's economy is not likely, mainly because of the effect of the Sept. 11 terrorist attacks in the United States. In an interview with a local radio station, Lin ...
VIETNAMESE NEWSPAPER HIGHLIGHTS - OCT 1, 2001.
Oct 01, 2001 ... HANOI, Oct 1 Asia Pulse - Highlights of today's newspapers: NHAN DAN - Prime Minister Phan Van Khai has signed a decision on the national programme of poor alleviation and job settlement for the 2001-2005 period. Under the programme, Vietnam will reduce the rate of ...
JAPANESE MORNING NEWSPAPER HIGHLIGHTS - OCT 1, 2001.
Oct 01, 2001 ... TOKYO, Oct 1 Asia Pulse - Highlights of the morning edition of the Nihon Keizai Shimbun (Nikkei) today: - Govt To Crack Down On Internet Copyright/Privacy Violations - Dentsu To List On TSE 1st Section In Late Nov - Govt To End Subsidies To 57 Certifying, ...
JAPAN'S NEW MITSUBISHI TRUST EYES ALLIANCES WITH FOREIGN FIRMS.
Oct 01, 2001 ... TOKYO, Oct 1 Asia Pulse - New Mitsubishi Trust & Banking Corp. is considering teaming up with foreign financial institutions as part of a medium to long-term business strategy, President Akio Utsumi said in a recent press conference. The bank, which will absorb Nippon Trust Bank ...
IRAN'S QESHM FREE ZONE CUSTOMS OFFICE EARNS US$3.14 MLN IN H1.
Oct 01, 2001 ... QESHM ISLAND, HORMUZGAN PROVINCE, Oct 1 Asia Pulse - The Qeshm Free Zone (QFZ) Customs Office earned rls 5.5 billion (US$3.14 million) in the first half of the current Iranian year (started March 21), according to department head Kazem Bidarian. "The figure shows an increase of ...
SONY NET PROFIT DROPS 40%; NEC EXPECTS US$1.25 BLN NET LOSS.
Oct 01, 2001 ... TOKYO, Oct 1 Asia Pulse - Sony Corp. (TSE:6758) said that it now projects group net profit to fall 40 per cent to 10 billion yen (US$83.6 million) in fiscal 2001, while NEC Corp. (TSE:6701) announced that it expects to report a group net loss of 150 billion yen (US$1.25 billion), a ...
AUSTRALIAN GOVT SET TO BUILD PESTICIDE FACTORIES IN VIETNAM.
Oct 01, 2001 ... HANOI, Oct 1 Asia Pulse - The Australian government is to provide around AU$2.3 million (US$1.13 million) for a five-year project which will protect fruit and vegetable crops from pests and boost the country's farm production. The project will include the construction of ...
HONG KONG NEWSPAPER HIGHLIGHTS - OCT 1, 2001.
Oct 01, 2001 ... HONG KONG, Oct 1 Asia Pulse - Highlights of today's newspapers: THE SOUTH CHINA MORNING POST - Hong Kong will launch a new stock market index on Wednesday, but fund managers are sceptical about its usefulness, saying the market will stick to the tried and tested, ...
SUZUKI TO SELL ENTIRE STAKE IN INDIAN MOTORCYCLE JV.
Oct 01, 2001 ... TOKYO, Oct 1 Asia Pulse - Suzuki Motor Corp. (TSE:7269) announced that it will sell for an undisclosed sum all its shares in its motorcycle joint venture in India. Suzuki plans to sell its entire 25.97 per cent stake in TVS-Suzuki Ltd. to its joint-venture partner, ...
BP OIL, GAS FIELDS CONTINUE PRODUCTION IN PAKISTAN.
Oct 01, 2001 ... KARACHI, Oct 1 Asia Pulse - The oil and gas fields of British Petroleum (BP), Pakistan, in the Badin district of Sindh, are continuing to produce oil as normal. BP Pakistan Exploration & Production (formerly UTP) media advisor's Mediators said that contractors for BP Pakistan ...
NISSAN TO MOVE MAXIMA OUTPUT TO U.S.
Oct 01, 2001 ... TOKYO, Oct 1 Asia Pulse - Nissan Motor Co. (TSE:7201) said Friday that it will shift production of the Maxima, its mainline passenger car in North America, from a Kanagawa Prefecture factory to its U.S. plant in Smyrna, Tennessee, in January 2003. The move, which will enable the ...
JAPAN'S SHISEIDO EXPECTS US$318 MLN GROUP EXTRAORDINARY LOSS.
Oct 01, 2001 ... TOKYO, Oct 1 Asia Pulse - Shiseido Co. (TSE:4911) said Friday it expects a consolidated extraordinary loss of 38 billion yen (US$318 million) for its fiscal year ending March 31, 2002. Under a revamped labeling law, the company will be required to dispose of its products that do ...
SINGAPORE NEWSPAPER HIGHLIGHTS - OCT 1, 2001.
Oct 01, 2001 ... SINGAPORE, Oct 1 Asia Pulse - Highlights of today's newspapers: THE STRAITS TIMES - Forget the familiar pattern of the semiconductor industry moving in demand-driven cycles. The juggernaut of China is about to smash that, and could well be the sole factor for the ...
TRADING CORP OF PAKISTAN RECEIVES 10 BIDS FOR COTTON EXPORTS.
Oct 01, 2001 ... KARACHI, Oct 1 Asia Pulse - The Trading Corporation of Pakistan (TCP) received 10 bids for export of 10,000 bales of cotton, but decision on awarding the contract had been deferred till Saturday, official sources said. The offers opened before the bidders earlier in the day ...
VIETNAM GOVT TO BUILD SECURITIES CENTRE IN HANOI.
Oct 01, 2001 ... HANOI, Oct 1 Asia Pulse - The Prime Minister has entrusted the State Securities Commission to spend VND 50 billion (US$3.3 million) on ground-clearance in the construction of a securities trading centre in Hanoi. The centre will be hooked to Ho Chi Minh City-based Securities ...
PAKISTAN'S FINANCE MINISTER TO HOLD TALKS WITH IMF IN WASHINGTON.
Oct 01, 2001 ... ISLAMABAD, Oct 1 Asia Pulse - A high level delegation led by Minister for Finance Shaukat Aziz is leaving Islamabad for Washington on October 6 to hold talks with the World Bank and the IMF. The Finance Minister hopes to acquire a medium term new Poverty Reduction Growth ...
PAKISTAN GIVES GO-AHEAD FOR POWER STATION FEASIBILITY STUDY.
Oct 01, 2001 ... KARACHI, Oct 1 Asia Pulse - A United States-based firm has been given the go-ahead by the Pakistani government to carry out a feasibility study for a new coal-fired power station. The Ministry of Water and Power (Private Power Infrastructure Board) has issued a Letter of ...
MALAYSIAN NEWSPAPER HIGHLIGHTS - OCT 1, 2001.
Oct 01, 2001 ... KUALA LUMPUR, Oct 1 Asia Pulse - Highlights of today's newspapers: THE STAR - Effective today, all shipments leaving Port Klang to Middle East, the Red Sea and Pakistan areas will be charged a war risk premium because insurance underwriters have confirmed that the ...
PAKISTAN EXPORT FINANCE RATE CUT TO 12PCT.
Oct 01, 2001 ... KARACHI, Oct 1 Asia Pulse - The State Bank has announced a package of incentives for exporters that cuts the export finance rate from 13 to 12 per cent and increases the time limit for selling export proceeds from 120 to 180 days. The new rate of export finance will be effective ...
PAKISTAN PRESIDENT ISSUES DECREE PROTECTING FOREIGN CURRENCY.
Oct 01, 2001 ... ISLAMABAD, Oct 1 Asia Pulse - President Pervez Musharraf has issued an ordinance to protect foreign currency accounts (FCA). According to the Foreign Currency Accounts (Protection) Ordinance, 2001, "no person holding a foreign currency account shall be deprived of his right to ...