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November 18, 2001 Sunday Ramazan 2, 1422 CE okays limited autonomy for CBR ISLAMABAD, Nov 17: President General Pervez Musharraf approved on Saturday the restructuring plan for Central Board of Revenue (CBR) that authorizes it to spend, recruit and offer compensation to its efficient... US to adjust last three years’ quota deductions KARACHI, Nov 17: The US government has allowed last three years’ quota deductions in over a dozen textile categories to be adjusted against imports of Pakistan’s current year’s (2001) quota ceiling.... Pool fund plan irks insurance industry KARACHI, Nov 17: Pakistan’s national insurance industry has serious reservations on the proposal of instituting a Special Pool Fund to provide reinsurance cover after the international reinsurance companies have decided to... Shipping lines unaware of 75pc WRP cut KARACHI, Nov 17: The exporters complain that shipping lines continue to charge from them war risk premium (WRP) at the previous rates. While the local agents of foreign shipping lines claim... Challenges for business in changing scenario KARACHI, Nov 17: The key issue facing business after September 11 is how would the fast changing global scenario impact on the domestic market, investment and foreign trade.... Subscription of 5pc shares in NBP ISLAMABAD, Nov 17: All arrangements have been finalized by the Privatization Commission for the subscription of 5 per cent government shares in National Bank of Pakistan.... Saudi group to invest in HBL RIYADH, Nov 17: A Saudi group is planning to invest Saudi Riyal 750 million ($200 million) in the Habib Bank of Pakistan. Prince Sultan Bin Nasser Bin Abdel Aziz, owner and... SBP buys $476m from kerb market in July-Oct KARACHI, Nov 17: The State Bank bought around $79 million from the open currency market in October that brought its total buying in the last four months to $476 million. In... Solid gains in US markets ahead of Thanksgiving week NEW YORK, Nov 17: US stocks, which made solid gains this week, are expected to tread water during the upcoming Thanksgiving holiday period before facing uncertain times ahead, analysts said....