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November 29, 2002 Friday Ramazan 23, 1423 Prices go up to 20pc in 3 years KARACHI, Nov 28: A sharp price rise up to 20 per cent in last three years on transport, ghee, cooking oil, tea, milk powder, spices and a few other essential items... Gold, silver import procedure simplified ISLAMABAD, Nov 28: The government on Thursday allowed the import of gold and silver in bulk and has done away with the condition of seeking approval of the ministry of commerce... Pharma cos in pursuit of consolidation KARACHI, Nov 28: While Glaxo Wellcome is in the throes of amalgamation of business with Smith Kline & French and Beecham Pakistan, Abbott Laboratories (Pakistan) Limited—another listed pharmaceutical company— has unveiled... ADB financial market plan next month LAHORE, Nov 28: The Asian Development Bank is expected to finalize and approve its financial market governance programme, aimed at strengthening Pakistan’s weak financial sector, next month.... 22,147 returns selected for audit ISLAMABAD, Nov 28: The Central Board of Revenue has selected as many as 22,147 income tax returns for audit, out of total 224,699 returns received this year under the Self Assessment... One desk Facility at BoI for investors ISLAMABAD, Nov 28: Industries and Production Minister Liaquat Ali Jatoi said on Thursday foreign investors would be provided ‘one desk facility’ at the Board of Investment (BoI) to help resolve their... Govt calls meeting on sugar crisis ISLAMABAD, Nov 28: Amid voices of looming sugar crisis, the government has convened a meeting of all stakeholders here on Friday to finalize a consensus date for crushing season, official sources... 2 mills start crushing HYDERABAD, Nov 28: Out of 27 sugar mills in Sindh, the managements of two sugar mills started sugarcane crushing on Wednesday, while eight others have notified to start crushing on December... Stocks continue free fall on political uncertainty KARACHI, Nov 28: Stocks on Thursday received massive battering for the second session in a row followed by renewed selling amid fears of fall of the newly formed Jamali government in... Shaukat to visit KSE KARACHI, Nov 28: Shaukat Aziz, adviser to Prime Minister on Finance & Economic Affairs, would visit the Karachi Stock Exchange on Monday, Dec 2.... NWFP raises Rs790m in three months: Tax, non-tax heads PESHAWAR, Nov 28: NWFP raised over Rs790 million through its tax and non-tax components of the provincial own receipts (PORs) during the first three months of the current financial year, according... Prices fall on cotton market KARACHI, Nov 28: Cotton prices on Thursday fell from the recent higher levels as leading spinners were again conspicuous by their absence for technical as well as tactical reasons.... Karachi Port operations KARACHI, Nov 28: Eight ships including a car carrier, Mezbourne Highway carrying 538 units are due to arrive at the outer anchorage on Friday, according to KPT sources.... Prgmea seeks relaxation on finance scheme LAHORE, Nov 28: Pakistan Readymade Garments Manufacturers and Exporters Association, chairman Pervez Hanif, has urged the Governor State Bank of Pakistan (SBP) to extend Export Finance Scheme Relaxation (EFSR) to the... Free zone convention KARACHI, Nov 28: The chairman, FPCCI Standing Committee on Export Processing & Free Zones, Sheikh Javaid, representing Pakistan at World Free Zones Convention (WFZC) and Central European Initiative (CEI) Summit at... S. Arabia unveils deficit budget RIYADH, Nov 28: Saudi Arabia has unveiled its budget for the next year with a total outlay of SR209 billion ($55.7bn) against a revenue target of SR170 billion ($45.3bn), leaving a... SBP chief visits AHIM KARACHI, Nov 28: Governor State Bank Dr Ishrat Hussain, stressing for some substitute investment plan for traditional savers in National Savings Schemes, advised Arif Habib Investment Management Limited (AHIM) to create... Commodity markets MULTAN, Nov 28: The following are Thursday’s upcountry commodity market rates in rupees:...

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