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| February 8, 2002 | Friday | Ziqa’ad 24, 1422 |
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NCCC hints at further revision of credit plan
KARACHI, Feb 7: The National Credit Consultative Council (NCCC) has indicated of further revision of Rs145.60 billion revised annual credit plan for the current fiscal year because of rapidly changing economic... 
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ADB to provide $250m for energy sector
KARACHI, Feb 7: The Asian Development Bank (ADB) has allocated $200-250 million for the restructuring of Pakistan’s energy sector in 2003....
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Promotion of IT, e-commerce stressed
KARACHI, Feb 7: Sindh Finance Minister Dr Abdul Hafeez Shaikh said on Thursday that Karachi being located at a pivotal geographical point could best be used as a gateway and hub...
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Private sector to have leadership role: Soomro
KARACHI, Feb 7: The Sindh Governor Mohammad mian Soomro has said on Thursday that the present government was giving leadership role to the private sector at the federal and provincial levels....
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Govt to bear Rs92bn KESC losses: Altaf: Privatization
KARACHI, Feb 7: Karachi Electric Supply Corporation’s (KESC) losses will reach Rs92 billion by the time of its privatization that will be borne by the government to attract more buyers for...
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NIT to introduce two new products
KARACHI, Feb 7: The National Investment Trust (NIT) would launch two new products to suit separately those classes of investors who prefer, to earn dividends irrespective of fluctuations in Net Asset...
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ICC moot to focus on energy, IT, telecom
KARACHI, Feb 7: The two-day conference of International Chamber of Commerce (ICC) will provide an opportunity for foreign private equity infusion which is necessary for getting rid of the debt-ridden economy....
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S. Arabia may lift ban on meat import
ISLAMABAD, Feb 7: The government of Saudi Arabia is likely to lift ban on meat import from Pakistan shortly....
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KSE-100 share index gains 67.36 points at 1,723.16
KARACHI, Feb 7: The KSE 100-share index on Thursday decisively breached through the psychological barrier of 1,700 points as bulls fought back boosted by perceptions of a robust economy and a...
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S. Korean cos interested in joint ventures
ISLAMABAD, Feb 7: A number of South Korean companies are interested in joint ventures with Pakistan to increase present level of their investment, says Yoon Jee-Joon, the outgoing Ambassador of South...
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Buying picks up on cotton market
KARACHI, Feb 7: Spinners on Thursday were back in the market in a big way after ginners further lowered their asking prices to get out of the impasse of larger unsold...
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Dutiable imports up in July-Jan
ISLAMABAD, Feb 7: Dutiable imports surged by 0.65 per cent to Rs220.746 billion during the July-January period of the current financial year against Rs219.327 billion over the corresponding period of the...
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Asian shares close mixed
TOKYO, Feb 7: Asian stock markets ended mixed on Thursday with Tokyo climbing on hopes the government would inject funds into the ailing banking sector while in Hong Kong shares fell...
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Palm oil prices lower
KUALA LUMPUR, Feb 7: Malaysian palm oil futures extended losses on Thursday, but technical buying lifted prices off their lows by the close....
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TCP plan criticized
KARACHI, Feb 7: Lasbela Chamber of Commerce and Industry (LCCI) president Maqsood Ismail has taken strong exception of the TCP plans to buy sugar stocks from mills at cost price....
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Karachi Port operations
KARACHI, Feb 7: Four ships carrying containers and oil are expected to arrive at the outer anchorage on Friday, according to KPT sources....
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Cathay to use CUTE system
KARACHI, Feb 7: Cathay Pacific Airways on Thursday announced it will be the first airline in Pakistan to use Common User Terminal Equipment (CUTE) system introduced by Shaheen Airport Services (SAPS)....
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Cooperation pact signed
KARACHI, Feb 7: Vice President, FPCCI, Haroon Rasheed has signed a cooperation agreement with the General Union of Chambers of Commerce and Industry and Agriculture in Tripoli on Feb 3 to...
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