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| November 2, 2002 | Saturday | Sha’aban 26,1423 |
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Doha Bank signs merger pact with Trust Bank
KARACHI, Nov 1: Doha Bank — the bank incorporated in the state of Qatar — has signed an agreement with the local bank — Trust Investment Bank Limited (Trust Bank), to... 
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Ministry seeks trade bodies assistance: Textile made-ups export falls
KARACHI, Nov 1: The Ministry of Commerce has sought trade bodies’ assistance in pinpointing the reason for a steep fall of over 20 per cent in export value of textile made-ups...
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PARCO defers increase in LPG prices
KARACHI, Nov 1: Pak Arab Refinery Limited (PARCO) has decided to defer the revision of prices of liquefied petroleum gas (LPG) to December 1, 2002....
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SBP timings
KARACHI, Nov 1: The State Bank on Friday notified the business and office hours during the holy month of Ramazan....
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Short supply pushes potato prices up
KARACHI, Nov 1: Except for increase in prices of potato and poultry products, the commodity markets have been quiet ahead of Ramazan, starting next week, due to thin demand from buyers...
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KSE-100 index fails to sustain above 2,300-point level
KARACHI, Nov 1: Stocks finished the weekend session on a firm note as an attractive bait of higher capital gains did not allow investors to sit on the fence even for...
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Shaukat hints at regulatory body for banks, NBFIs
 KARACHI, Nov 1: Finance Minister Shaukat Aziz has hinted at one financial services regulator for banks and non-banking financial institutions with the central bank focusing exclusively on monetary policy....
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Exports up by 21pc in July-Oct
KARACHI, Nov 1: An upward trend in the country’s export has been recorded during the first four months (July-Oct) of current fiscal (2002-03)....
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Surplus sugar to be exported
ISLAMABAD, Nov 1: Commerce Minister Abdul Razak Dawood said here on Friday that Pakistani sugar was emerging as major exporting commodity and would boost national exports....
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Collectorates to adopt PGD next year
KARACHI, Nov 1: All the Collectorates of Customs in Pakistan will adopt Pakistan Good Declaration (PGD), a standard based on United Nations Layout Key for global trade, by June 30, 2003....
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US jobless
WASHINGTON, Nov 1: The US unemployment rate climbed to 5.7 per cent in October, the government said on Friday, stepping up pressure for an interest rate cut amid fears the economic...
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Supply procedure to DFS notified: Tax free goods
ISLAMABAD, Nov 1: The Central Board of Revenue (CBR) has notified procedures for zero rated supply of locally manufactured goods to duty free shops....
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SECP version on cotton futures trading
ISLAMABAD, Nov 1: The Securities and Exchange Commission of Pakistan (SECP), reacting to the reported move by the Ministry of Commerce to stop futures trading in cotton by NCEL, said here...
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Karachi Port operations
KARACHI, Nov 1: Nine ships carrying containers, general cargo and DAP fertilizer are expected to arrive at the outer anchorage on Saturday, according to KPT sources....
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ADB, KCCI meeting
KARACHI, Nov 1: A five-member mission of Asian Development Bank (ADB), led by Senior Project Economist Ms Loh Ai Tee, held meeting with the office-bearers of Karachi Chamber of Commerce and...
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HMM services
KARACHI, Nov 1: The regional representative of Hyundai Merchant Marine (HMM), B W Kim, is visiting Karachi to further develop and promote HMM container shipping services and activities especially exports of...
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Appointed
ISLAMABAD, Nov 1: The CBR on Friday appointed Zafrul Majeed as Member Customs, said an official notification issued on Friday....
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Oil prices flat
LONDON, Nov 1: Oil prices were little changed on Friday as traders eyed signs that the United Nations Security Council was close to agreeing a new resolution on Iraq....
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Trading slow on cotton market
KARACHI, Nov 1: Cotton prices on Friday remained stable around the previous levels amid relatively slow trading owing partly to a short Friday session and partly to slack ready demand....
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Penalty on low export turnover criticized
FAISALABAD, Nov 1: All Pakistan Cloth Exporters Association (APCEA) on Thursday expressed concern over the imposition of penalties by the State Bank on low turnover of exports of textile madeups under...
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