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| July 30, 2002 | Tuesday | Jamadi-ul-Awwal 19,1423 |
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Punjab receives 71pc of farm loan
KARACHI, July 29: For a variety of reasons, farmers in Punjab continue to receive out of proportion bulk amount of agricultural production and development loans keeping farmers of Sindh, Balochistan, NWFP... 
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Dumping duty on tin-plate to benefit industry
ISLAMABAD, July 29: The levy of anti-dumping duty by the National Tariff Commission (NTC) on the tin-plates imported from South Africa may result in increase of price of ghee packed in...
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Industrial area near Quetta planned
QUETTA, July 29: The Balochistan government has decided to set up an industrial area in Bostan with all necessary facilities including water, gas and electricity....
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Exporters may get full payment of all taxes: Importable goods
ISLAMABAD, July 29: The government is likely to allow full payment of all taxes to exporters on importable goods for its subsequent export to another country....
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Dutiable imports up
ISLAMABAD, July 29: The value of dutiable imports increased by 4.93 per cent to Rs404.618 billion during the financial year 2001-02 against Rs385.587 billion over the corresponding period of last year....
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New ST refund rules discussed
KARACHI, July 29: The newly-constituted sales tax committee held its first meeting on Monday to discuss new sales tax refund rules proposed by the Central Board of Revenue....
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Pakistan, Thailand to enhance trade
LAHORE, July 29: The Pakistan-Thailand Economic Commission is due to meetin Bangkok on August 15-16for discussing ways and means to enhance trade and economic ties between the two nations....
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Concessions for Modaraba companies
ISLAMABAD, July 29: Securities and Exchange Commission of Pakistan (SECP) here on Monday announced a number of concessions for the Modaraba companies in respect of filing of their annual audited accounts....
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Wapda issues first fuel oil tender
SINGAPORE, July 29: Pakistan’s state utility, Water and Power Development Authority (Wapda), has issued a tender to import high sulphur fuel oil (HSFO) for August and September delivery, a company official...
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Oil prices fall
LONDON, July 29: World oil prices fell further on Monday, weighed down by reports of Opec overproduction....
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Stocks fail to sustain earlier gains
KARACHI, July 29: Stocks on Monday failed to make any headway as investors preferred to keep to the sidelines rather than making fresh commitments apparently awaiting the advent of financial support....
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US corporate scandals worry exporters
KARACHI, July 29: The after-shocks of corporate failures in the United States are being felt in Pakistan, where exporters are bracing for a drop in trade....
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Prices further rise on cotton market
KARACHI, July 29: Cotton prices on Monday rose further as spinners continued to make frantic efforts to grab the floating stock, fearing pressure on the ready supplies during the next couple...
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Another US telecom giant in grip of scandal
NEW YORK, July 29: Telecom giant Qwest Communications said Monday it will adjust its financial results for 1999, 2000 and 2001 after discovering errors in the booking of 1.16 billion dollars....
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Karachi Port operations
KARACHI, July 29: Six ships carrying containers and chemicals are due to arrive at the outer anchorage on Tuesday, according to the market sources....
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Corporate code to ensure transparency
ISLAMABAD, July 29: Khalid A. Mirza, chairman, Securities and Exchange Commission of Pakistan has said that SECP’s newly introduced Code of Corporate Governance to promote best governance in listed companies....
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Dollar extends rebound
LONDON, July 29: The dollar staged a broad-based rebound on Monday as expectations of a firm opening in US stocks generated tentative optimism that the worst of the recent equity market...
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Eurostocks hold strong gains
LONDON, July 29: European shares held their strong gains on Monday afternoon as insurers powered ahead and Wall Street opened higher, but analysts warned the advance may be just a technical...
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Malaysian palm oil lower
KUALA LUMPUR, July 29: Late short covering helped support Malaysia’s crude palm oil market on Monday, but prices stayed in negative territory due to weakness in the Chicago Board of Trade...
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‘Opec output exceeds’
NICOSIA, July 29: Production by members of the Organization of Petroleum Exporting Countries (Opec) excluding Iraq reached 23.32 million barrels per day (bpd) in June, exceeding the cartel’s ceiling by 1.619...
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