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| December 17, 2002 | Tuesday | Shawwal 12, 1423 |
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$133.38/ton highest bid for wheat export
KARACHI, Dec 16: Trading Corporation of Pakistan (TCP) on Monday received the highest bid price of $133.38 per ton for export of “Pakpunjab” wheat quality of 2002 crop against its benchmark... 
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Businessmen Panel sweeps FPCCI polls
KARACHI, DEC 16: The Businessmen Panel, led by Tariq Saeed and S.M. Munir, has swept the election on the 21 seats for the managing committee of the Federation of Pakistan Chambers...
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BoI to have qualified professionals
KARACHI, Dec 16: Adviser to the Prime Minister on Privatization and Investment, Dr Abdul Hafeez Shaikh said on Monday that highly qualified and experienced professionals would be inducted in Board of...
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Subsidy for major crops to continue: Rind
ISLAMABAD, Dec 16: Federal Minister for Food and Agriculture Yar Muhammad Rind on Monday said government subsidy for the major crops would continue despite pressure of the donor agencies....
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SEC insurance rules notified
ISLAMABAD, Dec 16: The Securities and Exchange Commission of Pakistan on Monday notified the Securities and Exchange Commission (Insurance) Rules, 2002....
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Index gains 20 points: volume swells to 436m shares
KARACHI, Dec 16: Trading volume on the Karachi Stock Exchange on Monday soared to a year’s high level of 436m shares both in the ready and forward counters thanks to a...
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Investment climate improved: BoI chief
ISLAMABAD, Dec 16: Chairman Board of Investment (BoI), Waseem Haqqie said on Monday, with the investment climate improved in Pakistan, the country was expecting $1 billion foreign investment during 2002-2003....
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ABAMCO open-ended Islamic fund
KARACHI, Dec 16: ABAMCO Limited has announced that the Securities and Exchange Commission of Pakistan had authorized its open-ended scheme — the UTP-Islamic Fund, which was registered on Monday in the...
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Iraq for enhancing trade with Pakistan
KARACHI, Dec 16: The Consul General of Iraq, Raad F. Towfik, informed the members of the Karachi Chamber of Commerce and Industry that their visa applications would be processed on priority...
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Trading normal on KSE
KARACHI, Dec 16: The Karachi Stock Exchange said that on December 16, trading at the KSE was carried out normally....
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Russia reluctant to give deadline for WTO entry
GENEVA, Dec 16: Russia plans to intensify its efforts to become a member of the World Trade Organization (WTO) but does not want to set a target date for entry, Finance...
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Slow trading on cotton market
KARACHI, Dec 16: Physical activity on the cotton market slightly slowed down on Monday as spinners curtailed their daily offtake followed by reports of liquidity problems....
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Panchayat system soon to settle tax dispute
MULTAN, Dec 16: The Central Board of Revenue (CBR) is likely to notify ‘alternative dispute resolution committees (ADRC)’ within a few days to introduce ‘Panchayat’ system in tax collection....
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15pc LSE trade goes on internet
LAHORE, Dec 16: All the stock exchanges of the country are switching over the carryover trade to other modes like margin-financing and future trading under a three-phase programme....
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Malaysia to cut tariffs on cars
KUALA LUMPUR, Dec 16: Malaysia said on Monday it will cut tariffs on imported cars from Southeast Asian countries from next year but will offset the reductions with higher excise duties....
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Power group, ICI sign MoU
KARACHI, Dec 16: ABB, the leading power and automation technology group has signed a memorandum of understanding with ICI Pakistan for provision of engineering services and solutions consultancy to the petrochemical,...
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Port Qasim
KARACHI, Dec 16: Two ships carrying chemicals and furnace oil were berthed at Marginal Wharf and Fotco Oil Terminal during the last 24 hours, says a PQA press release on Monday....
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Dollar higher against yen
LONDON, Dec 16: The dollar remained pinned to the back foot against other leading currencies on Monday as concerns about the bleak global economic outlook and geopolitical tensions continued to weigh...
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Palm oil firms
KUALA LUMPUR, Dec 16: Malaysia’s palm oil futures were firmer in record high volume on Monday as players rolled positions forward, traders said....
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Austria for improved trade with Pakistan
LAHORE, Dec 16: A joint committee meeting of Austrian and Pakistani officials will be held in March next to discuss the ways to further improve the ties between the two countries,...
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