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April 11, 2002 Thursday Muharram 27, 1423 Survey to assess competitive potential: Textile industry KARACHI, April 10: The Textile Commissioner’s office is carrying out a detailed survey to assess the competitive potential of the spinning, weaving and value-added sectors of Pakistan’s textile industry with those... Military surcharge on POL under study: CSOs for oil companies ISLAMABAD, April 10: The government is considering enforcing compulsory stock obligations (CSOs) on all oil refining and marketing companies for defence supplies and imposing a military surcharge on oil products to... Customs detain consignments: Adulterated milk powder KARACHI, April 10: Customs have started holding-up imported consignments of skimmed milk powder, arriving from East Europe and Russia, on the request of Pakistan Dairy Association (PDA), claiming that the powder... SBP warns banks of cap on PIB holding KARACHI, April 10: The State Bank on Tuesday warned the banks that it will cap their holding of Pakistan Investment Bonds if they do not voluntarily reduce it.... Stocks shed 16.44 points amid lacklustre trading KARACHI, April 10: Stocks on Wednesday lacked normal trading interest as leading investors kept to the sidelines apparently awaiting fresh developments on the political front after the President kicked off his... Referendum kicks off business uncertainties KARACHI, April 10: The risk that President Gen Pervez Musharraf has taken in seeking a vote of confidence from the people through a referendum has also created uncertainty for business.... PSO sell-off PC starts dispatching RSoQ ISLAMABAD, April 10: The officials of the Privatization Commission have started dispatching request of statement of qualification (RSoQ) from Wednesday to those parties who had submitted their EoIs.... Export to Kabul ‘No duty no drawback’ scheme likely ISLAMABAD, April 10: The government is likely to allow exporters to avail the facility of ‘no duty and no drawback’ on exports to Afghanistan and Central Asian Republics (CARs).... DTO office ISLAMABAD, April 10: Minister for Commerce and Industries Abdul Razak Dawood on Wednesday said that the ministry is considering to close down the office of Director Trade Organization (DTO) in the...