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| October 13, 2001 | Saturday | Rajab 25, 1422 |
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Industrial output plummets by 50pc: Strikers attack units
KARACHI, Oct 12: The manufacturing output in the city’s four main industrial estates plummeted by 50 per cent as a result of strike observed on Friday against the US bombing on... 
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Shipping lines operations not suspended
KARACHI, Oct 12: None of the 32 shipping lines, operating under seven consortia, had suspended operations from Pakistan and continued to load and unload the cargoes to and from the two...
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Traders warn of fall in exports to Afghanistan
KARACHI, Oct 12: Pakistan’s exports to Afghanistan rose from $115 million in fiscal 1999-00 to $140 million in 2000-01, according to a source in Export Promotion Bureau. But exporters say the...
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President to be briefed on exports
ISLAMABAD, Oct 12: The Export Promotion Bureau will be briefing President Pervez Musharraf on October 18 on the possible negative impact on country’s exports as result of US-led attacks on Afghanistan....
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KSE index gains 14 points amid slow trading
KARACHI, Oct 12: Stocks on Friday maintained a bullish outlook as institutional traders were active on selected counters aiding the KSE 100-share index to finish with an extended gain of 14...
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PIA signs accord with consortium: Loan restructuring
KARACHI, Oct 12: Pakistan International Airlines (PIA) on Friday signed an agreement with the consortium of banks for restructuring short term borrowings of up to Rs4.9 billion....
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NWFP import receipts up
ISLAMABAD, Oct 12: The dutiable imports in the NWFP have registered positive growth of over 281 per cent in September to Rs2.4 billion against Rs0.63 billion during the same period last...
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US firms may revive investment in Turkmen gas pipeline
ISLAMABAD, Oct 12: US-based energy firms through Overseas Private Investment Corporation (OPIC) are likely to reactivate over $2 billion investment in Turkmenistan to Pakistan gas pipeline project....
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Strike mars trading on cotton market
KARACHI, Oct 12: Cotton market on Friday passed through a dull trading session as both leading buyers and sellers were conspicuous by their absence because of delivery problems. Physical business was,...
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Selection criteria to be rationalized: Insurance cos on banks panel
ISLAMABAD, Oct 12: Standardized selection criteria for the enlistment of insurance companies by the banking sector for normal business would be introduced very shortly to overcome difficulties faced by the insurance...
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Pacra puts AFIBL on rating watch
LAHORE, Oct 12: Pakistan Credit Rating Agency (Pacra) has placed the ratings of Al-Faysal Investment Bank Ltd (AFIBL) on rating watch owing to its expected merger with Faysal Bank Ltd (FBL)....
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Indian industry downturn persists
MOMBAI, Oct 12: Indian industrial production growth shrank in August, data showed on Friday, confirming the sharp economic downturn and boding ill for government revenues....
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NY cotton futures mixed
NEW YORK, Oct 12: NY cotton futures closed mixed on Thursday in mostly spread activity as players completed adjusting their positions in front of a pair of USDA reports on Friday....
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New canola varieties to hike edible oil output
ISLAMABAD, Oct 12: Pakistan Oil Development Board (PODB) has initiated a plan to increase edible oil production by promoting cultivation of canola to meet domestic requirement of 1.9 million tons every...
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New varieties of wheat seed approved
ISLAMABAD, Oct 12: The variety evaluation committee of National Agricultural Research Centre (NARC) has approved for release of six new varieties of high-yielding wheat seed....
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Gold prices steady
LONDON, Oct 12: Gold prices remained steady on Friday afternoon in Europe, as concerns over a possible retaliatory attack on the United States over the weekend returned to the market, traders...
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US stocks decline
NEW YORK, Oct 12: Stocks tumbled in midday trading on Friday as worries about the possibility of more attacks on the United States roiled Wall Street....
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China likely to be full WTO member on Dec 10
BEIJING, Oct 12: China is expected to become a full fledged member of the World Trade Organization (WTO) on December 10, followed by Taiwan the next day....
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Suspension period extended
KARACHI, Oct 12: The management of Karachi Stock Exchange has extended the suspension period for trading in shares of Indus Bank Limited and National Fibre Limited for a further period of...
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S. Arabia remains top supplier of oil to US
WASHINGTON, Oct 12: Saudi Arabia kept its post as the largest supplier of crude oil to the American market in August, posting its first increase in shipments since May, the US...
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