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| January 13, 2002 | Sunday | Shawwal 28, 1422 |
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Body to regulate wheat export: ECC okays silos
ISLAMABAD, Jan 12: The Economic Coordination Committee of the Cabinet (ECC) here on Saturday decided to set up a committee to regulate and coordinate the export of wheat, flour, suji and... 
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No let up in smuggling from Afghan border
 KARACHI, Jan 12: Arrival of smuggled items in Pakistan through various channels particularly under the garb of Afghan Transit Trade (ATT) have not seen any major decline despite tension and closure...
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Inflation rises in six months
ISLAMABAD, Jan 12: The Inflation rate based on sensitive price indicator (SPI), consumer price index (CPI) and wholesale price index (WPI) during the first six months of this fiscal surged by...
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Revenue receipts fall by 4.1pc in July-Dec
ISLAMABAD, Jan 12: The revenue receipts fell 4.1 per cent in the first six months of the current financial year and stood at Rs174.52 billion against Rs181.97 billion during the same...
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East, West ST collection up
KARACHI, Jan 12: The Sales Tax Collectorates, East and West, Karachi, have collected Rs14.597 billion during July- Dec 2001, compared to Rs13.703 billion during the same period last year, registering 6.45...
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OGDCL profit improves by 79pc
ISLAMABAD, Jan 12: The Oil and Gas Development Company Limited (OGDCL) has posted a pre-tax profit of Rs23.23 billion during financial year 2000-01 showing an increase of 79 per cent over...
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Quarterly report on GDP from next fiscal
KARACHI, Jan 12: A quarterly report on Gross Domestic Product (GDP) will be compiled from next fiscal by the Federal Bureau of Statistics (FBS) and would be available for policy-makers and...
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Conference on economy opens tomorrow
ISLAMABAD, Jan 12: The 17th annual three-day general meeting and conference of Pakistan Society of Development Economists will begin here from Monday, January 14....
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ICI seeking partner for PTA business
KARACHI, Jan 12: ICI Pakistan is looking for a senior or junior partner for its PTA business, hit by one of the worst recessions in this line of business, says a...
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Argentine govt to loosen banking curbs
BUENOS AIRES, Jan 12: Argentina plans to loosen banking curbs that have sparked massive street protests amid a deep recession now in its fourth year, the vice economy minister said on...
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US cotton micronaire readings climb
ATLANTA, Jan 12: US cotton micronaire readings climbed to their highest and worst level in five years, a report by the chief of the USDA’s Grading Branch for the Cotton programme...
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Gold rally tapers off before UK sale
NEW YORK, Jan 12: COMEX gold stalled on Friday amid uncertainty over the outlook for producer hedging, while options expirations and the approach of next week’s UK bullion auction suppressed bullish...
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US stocks slip on Greenspan comments
NEW YORK, Jan 12: Stocks slipped in early-afternoon trading on Friday after Federal Reserve Chairman Alan Greenspan said there is still “significant” near-term risk in the economy....
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Yen rises against dollar
NEW YORK, Jan 12: The yen rose against the dollar and euro on Friday after cautious remarks by Japanese officials made traders circumspect about extending the currency’s recent downward spiral....
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Japanese PM visit to focus on free-trade: Arrives in Indonesia
JAKARTA, Jan 12: Japanese Prime Minister Junichiro Koizumi arrived in Indonesia on Saturday on the latest leg of a trip through Southeast Asia to drum up support for his regional free-trade...
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Chinese PM promises to narrow trade gap with Bangladesh
 DHAKA, Jan 12: Chinese Premier Zhu Rongji on Saturday promised to narrow the trade gap between his country and Bangladesh during an official visit aimed at boosting economic ties, it was...
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Oil and natural gas prices down
HOUSTON, Jan 12: With prices for oil and natural gas both down sharply from record year-earlier levels, upcoming earnings reports from US exploration and production companies are unlikely to provide much...
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Trade sustains Sept 11 shock but fears loom
KARACHI, Jan 12: Although the external trade had sustained the shocks of September 11 and its aftermath, the worse was yet to come as uncertainty still prevailed, industry sources said on...
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Sluggish trading on cotton market
KARACHI, Jan 12: Trading activity on the cotton market on the weekend session remained light as spinners did not oblige ginners despite the fact that they have further lowered their asking...
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Guidelines for vehicles classification: Tax assessment
ISLAMABAD, Jan 12 : The Central Board of Revenue (CBR) has notified new guidelines for classification of vehicles and determination of seating capacity for the purpose of tax assessment....
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