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| October 19, 2002 | Saturday | Sha'aban 12, 1423 |
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FDI goes up by 146pc in July-Sept
ISLAMABAD, Oct 18: Foreign direct investment (FDI) worth $170.2 million was recorded during the first quarter of current financial year, denoting 146 per cent increase over the same period of previous... 
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Wheat products exports in doldrums
KARACHI, Oct 18: The exports of value-added wheat products — wheat flour, pasta, vermicelli, macaroni and other confectionery items — are in doldrums following a change in the government policy wherein...
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Revised DTRE rules yet to be implemented
ISLAMABAD, Oct 18: The delay in the implementation of the revised duty and tax remission for export (DTRE) rules has resulted in less response from manufacturers and exporters to opt for...
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Pact signed for liquid cargo terminal at PQ
ISLAMABAD, Oct 18: Malaysian Prime Minister Mahathir Muhammad on Friday witnessed the signing ceremony for the establishment of liquid cargo terminal at Port Qasim on BOT basis....
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Oil prices ease
LONDON, Oct 18: The price of oil eased here on Friday amid signs that the UN Security Council was nearing a compromise on Iraq....
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Index crosses 2,100-point barrier on foreign buying
KARACHI, Oct 18: The KSE 100-share index on Friday firmly settled above the barrier of 2,100 points followed by heavy foreign buying in pivotals under the lead of PSO, apparently allaying...
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UBL handing over today
ISLAMABAD, Oct 18: The Privatization Commission has finalized all arrangements for handing over United Bank Ltd to the highest and successful bidder — the Consortium of Abu Dhabi Group (UAE) &...
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Rupee gains four paisa
KARACHI, Oct 18: The rupee inched up to 59.01-59.02 for ready buying and selling against the US dollar in the inter-bank market on Friday up four paisa from the previous close...
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2001-02 IT returns show minor growth
ISLAMABAD, Oct 18: The income tax returns for the year 2001-02 have registered less than expected growth of 0.41 per cent as it stood at 0.979 million this year against 0.975...
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Malaysian team visits BoI
ISLAMABAD, Oct 18: A delegation of Felda Group of Malaysia, headed by its Chairman Tan Sri Dr Yousaf Noor on Friday visited the Board of Investment (BoI) here to explore further...
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Wheat seed procurement falls to 0.16m tons
ISLAMABAD, Oct 18: Procurement of wheat seed fell sharply to 160,000 tons this year reducing the availability of certified seed for Rabi 2002-03 crop to 11.98 per cent of total estimated...
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Steady trend on cotton market
KARACHI, Oct 18: Cotton market on Friday maintained steady trend despite a considerable decline in mill demand as ginners were not inclined to lower their asking prices....
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CBR told to implement ministry decision: Tax exemption
ISLAMABAD, Oct 18: Federal Tax Ombudsman Justice Saleem Akhtar has directed the Central Board of Revenue to implement the decision of the Ministry of Law and dropped proceedings for assessment and...
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EC investment proposals
DUBLIN, Oct 18: The European Commission is expected to sign off officially in mid-November on its proposals for updating the investment services directive, the backbone of the region’s planned single financial...
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Karachi Port operations
KARACHI, Oct 18: Four ships carrying containers and general cargo are expected to arrive at the outer anchorage on Saturday, according to KPT sources....
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Relief in refinance sought
KARACHI, Oct 18: Pakistan Bedwear Exporters Association (PBEA) chairman Aziz L. Jamal has urged the State Bank of Pakistan to allow relief in re-finance on bedwear exports, which are presently faced...
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Dollar shines in London
LONDON, Oct 18: The dollar sparkled on the foreign exchange market on Friday as Wall Street racked up fresh gains overnight and a cloud hung over the credibility of the euro-zone...
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Palm oil prices
KUALA LUMPUR, Oct 18: Crude palm oil (CPO) prices on Malaysia’s Derivatives Exchange are expected to maintain an upward swing after rising four per cent this week, dealers said on Friday....
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Aquaculture industry
HANOI, Oct 18: Vietnam’s aquaculture industry is embarking on an ambitious plan to raise its annual exports to 2 million tons and revenue to $2.5 billion by 2010, according to the...
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US appeals WTO ruling against dumping law
GENEVA, Oct 18: The United States, underlining a tougher stance on trade, on Friday formally appealed a World Trade Organisation (WTO) ruling against a key anti-dumping law....
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