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| March 7, 2002 | Thursday | Zilhaj 22, 1422 |
Gas sale pact signed with BHP: Zamzama field
ISLAMABAD, March 6: Pakistan on Wednesday signed a gas pricing agreement with an Australian petroleum company for supply of up to 320 mmcfd of gas for 20 years....
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SBP signals stability in monetary policy
KARACHI, March 6: The State Bank on Wednesday signalled again that it wants to keep the monetary policy stable by keeping the cut-off yields on treasury bills unchanged....
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Trade curbs by India turn Saarc future bleak
KARACHI, March 6: India’s mounting trade barriers that restrict access to the goods and commodities of its small neighbouring states to the biggest South Asian market, are turning Saarc’s future bleak....
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SECP, KSE review risk management system
KARACHI, March 6: The Securities and Exchange Commission of Pakistan (SECP) chairman Khalid A. Mirza told the press on Wednesday that he had impressed upon the stock exchanges to play a...
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EPZA approached for setting up steel mill
KARACHI, March 6: An investor has approached the Export Processing Zone Authority (EPZA) for setting up of a steel mill at the Karachi Export Processing Zone (KEPZ), assuring production of around...
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Sectors identified for UK investors
KARACHI, March 6: Ambassador for British business Iain Dale has prepared a list of sectors with focus on priority areas for possible joint ventures between the UK and Pakistan entrepreneurs....
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Sindh Sugar Corporation disbanded
KARACHI, March 6: Sindh Sugar Corporation has been disbanded and the staff working at Dadu and Thatta Sugar Mills besides 10 officers working at SSC’s Head Office have been relieved from...
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Dollar falls in inter-bank market
KARACHI, March 6: The US dollar on Wednesday lost 12 paisa for selling against the rupee in the inter-bank market where it closed at Rs60.08/60.10 against the previous close of Rs60.12/Rs60.17....
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Cut in wheat output target likely
ISLAMABAD, March 6: The federal government is set to refix wheat target in the wake of acute water shortage in the country and also to streamline the strategy for its procurement...
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Gold up
LONDON, March 6: Gold edged higher on short-covering during Wednesday morning trading in Europe, recovering after falling to one month lows overnight on profit-taking in New York and on TOCOM, traders...
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KSE-100 index crosses 1,800-point barrier
KARACHI, March 6: Stocks on Wednesday maintained their upward drive under the lead of base shares, pushing the KSE 100-share index well above the psychological barrier of 1,800 points....
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Spinners covering forward positions
KARACHI, March 6: Active trading was again witnessed on the cotton market on Wednesday as spinners continued to cover their forward positions, fearing an imminent price flare-up....
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Karachi Port operations
KARACHI, March 6: Five ships carrying containers, high speed diesel and chemicals are expected to arrive at the outer anchorage on Thursday, according to KPT sources....
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EPB to hold Export convention
KARACHI, March 6: The Export Promotion Bureau will organize an ‘export convention’ in April for promotion of Pakistani exporters, Minister of State and EPB Chairman Tariq Ikram said here on Wednesday....
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Trade opportunities
PESHAWAR, March 6: In view of the emerging commercial opportunities in the region, a one day seminar will be held on the issue of ‘Trade Opportunities with Afghanistan’ on Thursday...
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Oil price retreats in London
LONDON, March 6: Oil prices retreated on Wednesday after spiking to their highest level for five months, as the market started to question how long a global producer pact restricting supply...
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