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| August 17, 2002 | Saturday | Jamadi-us-Saani 7, 1423 |
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Cotton ord likely in two weeks: Razak
LAHORE, Aug 16: The proposed Pakistan Cotton Standardization Ordinance, 2002, is expected to be put before the cabinet for its approval in two weeks.... 
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130,000 farm loan defaulters untraced
KARACHI, Aug 16: The five top commercial banks have reported disappearance of more than 130,000 agricultural borrowers after defaulting on payment of their loans in last five years....
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Non-dollar currency export begins to fall
KARACHI, Aug 16: As the gap between official and open market exchange rates has narrowed down to a nominal few paisa leading money changers say business volume in the kerb has...
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State Bank yet to approve MCB funding plan: UBL sell-off
LAHORE, Aug 16: The State Bank has yet not approved Muslim Commercial Bank’s “funding plan” for the purchase of United Bank Limited, says Privatization Minister Altaf M Salim....
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PSO, Shell cut prices
KARACHI, Aug 16: Pakistan State Oil (PSO) has cut the ex-Port Qasim price of high sulphur fuel oil (HSFO) by Rs61 per metric ton to Rs12,027, from Rs12,088....
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KSE index manages to finish with modest rise
KARACHI, Aug 16: Stocks on Friday resisted fresh decline as investors were back in the market lured by the perception of higher dividend by some leading companies whose board meetings are...
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Gas supply to Nooriabad from 21st
KARACHI, Aug 16: Sui Southern Gas Company Ltd (SSGCL) will commence gas supply to Nooriabad Industrial Estate from August 21....
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28 more cos to be inducted on NCSS
KARACHI, Aug 16: The Central Depository Company (CDC) has decided to induct 28 more securities on the National Clearing and Settlement System. NCSS is undergoing a phased implementation programme with securities...
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Two MoUs signed Pakistan, Thailand to expand trade
ISLAMABAD, Aug 16: Pakistan and Thailand have agreed to work together to expand trade between the two countries by increasing imports of potential products from each other....
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Response to MCB TFCs six times high
KARACHI, Aug 16: The inaugural Term Finance Certificates (TFCs) of Muslim Commercial Bank Limited has been oversubscribed by 6 times....
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30pc ADB loan put in ‘risk’ category
ISLAMABAD, Aug 16: About 30 per cent of the Asian Development Bank’s approved loans amounting to $4.3 billion have been rated in ‘at risk’ category due to the implementation difficulties being...
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Modest trading on cotton market
KARACHI, Aug 16: Physical activity on the cotton market remained modest as spinners further lowered their bid prices in the backdrop of bearish news from the international trading centres....
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TCP makes counter offer for wheat sale
KARACHI, Aug 16: The Trading Corporation of Pakistan on Friday made counter offers to three bidders to match their offers with the highest bid at $108.17 per ton for wheat export....
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Foreigners buy Rs659.2m shares in July
KARACHI, Aug 16: The foreign investors have purchased 28.717 million shares worth Rs659.241 million during the month of July 2002, Karachi Stock Exchange sources disclosed on Friday....
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Junejo for higher livestock, dairy export
LAHORE, Aug 16: Pakistan has great potential for livestock and dairy export and it must be tapped if the country is to come out of present economic limbo....
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Dollar slips on weaker US data
LONDON, Aug 16: The dollar slipped in late trades on Friday following indications of a softer US housing market and shaky consumer confidence....
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Plan to improve farm marketing, storage
ISLAMABAD, Aug 16: The government has proposed a short-term marketing infrastructure plan to solve marketing and storage problems of the agriculture production....
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Palm oil firms
KUALA LUMPUR, Aug 16: Malaysia’s palm oil futures firmed across the board on Friday, with overall volume soaring to a new record due to a technical covering and talk of an...
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Socio economic survey
KARACHI, Aug 16: Pakistan Advertisers Society has completed a report on “Rural establishment media habits & socio economic classification survey. This large-scale independent consumer survey is the first of its kind...
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Karachi Port operations
KARACHI, Aug 16: Five ships including a car carrier, Maersk Cloud carrying 119 units are expected to arrive at the outer anchorage on Saturday, according to KPT sources....
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