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| March 12, 2002 | Tuesday | Zilhaj 27, 1422 |
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Licence for gas cos made mandatory
ISLAMABAD, March 11: In its maiden regulatory function, the natural gas regulatory authority (NGRA) has directed all the gas companies to file licence applications before March 26, 2002.... 
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Deregulation body identifies 8 areas: Hurdles to investment
ISLAMABAD, March 11: The inter-Ministerial Committee on Deregulation, after extensive deliberations, on Monday identified eight areas that are creating hurdles to local and foreign investment....
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Foreign banks eligible to open subsidiaries
KARACHI, March 11: Foreign banks have become eligible to set up their subsidiaries in Pakistan under the WTO rules if they find that branch network arrangements have become impediments in the...
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Govt plans boards to enhance export
PESHAWAR, March 11: Federal government is likely to set up four new institutions on public-private participation basis to enhance capacity and improve value addition in four sectors — rice, agriculture, horticulture...
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Prices of PTA, PSF bouncing back
KARACHI, March 11: After tumbling over the slippery slope for over two years, the global prices of Pure Terephthalic Acid (PTA), Polyester Staple Fibre (PSF), MEG, Paraxylene and other petrochemicals have...
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Bull-run continues on stock market
KARACHI, March 11: Stock prices rose further on Monday as investors continued to build-up long positions on selected counters aided by perceptions of a continued bull-run ahead of the massive privatization...
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Gas supply, demand gap rising
KARACHI, March 11: Pakistan will have to import gas after six to seven years due to rising gap between the supply and demand....
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Oil prices hit above $24 level
LONDON, March 11: Oil prices bubbled up to six-month highs above $24 a barrel on Monday, as the market took fright at US sabre-rattling towards major crude exporter Iraq....
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Middleman puts damper on garment exports: EU states
LAHORE, March 11: Margins of Pakistani garment exporters are squeezing in the European Union (EU) markets because they are constrained to sell larger part of their goods through “middlemen instead of...
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Prices maintain upward trend on cotton market
KARACHI, March 11: Cotton market on Monday maintained a firm trend as spinners continued to build-up long positions amid rising prices and brisk trading....
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WB wants subsidy to oil refineries suspended
ISLAMABAD, March 11: The World Bank has asked Pakistan to suspend Rs8 billion subsidy to oil refineries from budget 2002-03 and cap import parity prices instead of these being determined by...
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Malaysian palm oil prices lower
KUALA LUMPUR, March 11: Malaysian crude palm oil futures closed lower on Monday, extending last week’s losses despite better exports data....
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Karachi Port operations
KARACHI, March 11: Three ships including Titon Venus carrying 600 tons of palm oil are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
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Workshop on GSP scheme
LAHORE, March 11: Provincial Minister for Law, Parliamentary Affairs and Human Rights Khalid Ranjha on Monday inaugurated a workshop on “EU’s GSP Scheme”, which was organized by Federation of Pakistan Chambers...
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