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| August 16, 2002 | Friday | Jamadi-us-Saani 6, 1423 |
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Move to eliminate ginners role
KARACHI, Aug 15: In a new drawn up strategy, the rich textile mill owners of central Punjab and the politically powerful growers of cotton belt in Sindh and south Punjab are... 
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KSE board to discuss SECP order
KARACHI, Aug 15: The Karachi Stock Exchange has called an extraordinary meeting of the Board of Directors on Monday to deliberate changes ordered by the corporate regulator on the composition of...
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Pakistan-Thailand JEC focuses on cooperation
ISLAMABAD, Aug 15: The second session of Pakistan-Thailand Joint Economic Commission (JEC) began on Thursday in Bangkok....
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Foreign firms with local stakes up
KARACHI, Aug 15: The trend towards withdrawal of foreign companies with stakes in Pakistan seems to have been reversed with new entrants outnumbering those folding up....
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Petrol price raised by 10 paisa
KARACHI, Aug 15: The price of petrol (MS 87 RON) was increased by 10 paisa per litre to Rs33.94 from Rs33.84 by the Oil Companies Advisory Committee (OCAC) on Thursday....
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Profit-selling sets in on stock market
KARACHI, Aug 15: Stocks on Thursday took a technical pause as leading investors and financial institutions indulged in profit-selling at the inflated levels on the blue chip counters. The KSE 100-share...
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US lifts Platinum Bank assets blockade
KARACHI, Aug 15: The office of the Foreign Assets Control (OFAC) of US Department of Treasury has lifted the blockade of the financial assets of Platinum Commercial Bank, the chief spokesman...
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Steps being taken to meet WTO challenges
ISLAMABAD, Aug 15: Federal Commerce Minister Abdul Razak Dawood said on Thursday that government would take steps to meet the growing challenges of the WTO regime to protect the interests of...
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Seat for SME Bank on Smeda board sought
KARACHI, Aug 15: Leaders of small and medium enterprises want representation of the SME Bank on the board of Small and Medium Enterprises Development Authority (Smeda)....
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Automobile industry assured of incentives
ISLAMABAD, Aug 15: The government will provide more incentives to the automobile industry so that it could play a prominent role in the national progress....
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NWFP sees 8pc annual growth in three years: Provincial taxes
PESHAWAR, Aug 15: The NWFP is looking for gradual increase in its revenue receipts through provincial taxes during the next three financial years at an annual eight per cent growth rate,...
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Slow trading on cotton market
KARACHI, Aug 15: Cotton market on Thursday showed a relatively quieter trend as both the ginners and the spinners were a bit cautious for making fresh commitments owing to conflicting reports...
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TCP makes counter offers for lint sale
KARACHI, Aug 15: The price evaluation committee of Trading Corporation of Pakistan (TCP) has given counter offers to the bidders for local sale and export of cotton, says a TCP announcement...
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Century Paper results
KARACHI, Aug 15: The Century Paper and Board Mills Limited, a Lakson Group company, in its board meeting held on Thursday announced annual results for the year ended June 30, 2002,...
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Karachi Port operations
KARACHI, Aug 15: Six ships carrying containers and general cargo are expected to arrive at the outer anchorage on Friday, according to KPT sources....
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Sterling retains weak tone against dollar
LONDON, Aug 15: Sterling fell back from Wednesday’s one-week high against the dollar on Thursday as a positive Wall street opening underpinned the greenback across the board....
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European stocks surge
LONDON, Aug 15: European stocks soared on Thursday after hundreds of US bosses swore to the accuracy of their company accounts in a bid to turn the page on a recent...
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Malaysian palm oil steady
KUALA LUMPUR, Aug 15: Malaysia’s palm oil futures ended slightly higher on Thursday, but off their afternoon highs after players factored in the August 1-15 exports data, traders said....
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Anti-smuggling Govt to reactivate provincial committees
ISLAMABAD, Aug 15: The government has decided to reactivate the provincial anti-smuggling committees to work out measures for countering the menace of smuggling....
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Cut in farm input prices under study
ISLAMABAD, Aug 15: The government is considering a proposal to reduce the prices of agriculture inputs aimed at providing some relief to farmers....
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