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| December 20, 2002 | Friday | Shawwal 15, 1423 |
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Automobile industry to increase output: Rising demand
ISLAMABAD, Dec 19: Industries and Production Minister Liaquat Ali Jatoi said here on Thursday that automobile industry has promised to increase its production to meet the increasing demand of cars.... 
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Govt blamed for EC dumping proceedings
KARACHI, Dec 19: The exporters of bedlinen have lashed out at the government for mishandling the issue of textile quota with European Union (EU) which has resulted in initiation of anti-dumping...
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Govt formulates rural finance support plan: Poverty reduction
ISLAMABAD, Dec 19: Prime Minister’s Adviser on Finance Shaukat Aziz said here on Thursday the government has formulated new rural finance support programme aimed at poverty reduction and self-reliance in commodities....
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Oil and gas sector reforms to continue
ISLAMABAD, Dec 19: Petroleum Minister Nauraiz Shakoor on Thursday held out a firm assurance to the investors on continuing with the policies of restructuring and reforms in the petroleum sector aimed...
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Singapore trade team due in Jan
KARACHI, Dec 19: A trade mission of Singapore will visit Pakistan from January 12 to 17, 2003, to offer display and warehouse facilities to Pakistani exporters in Singapore....
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Index up by 34 points on fresh buying in PTCL, Hubco
KARACHI, Dec 19: The KSE 100-share index on Thursday maintained its upward drive boosted by fresh heavy buying in PTCL and Hub-Power on the perception of higher dividend yield as compared...
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Gold prices surge by Rs108
KARACHI, Dec 19: Domestic gold prices surged to current year’s all time high to Rs6,495 per 10 grams, from Rs6,387, up by Rs108 in just one day as a result of...
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Moot on investment in Muslim countries
ISLAMABAD, Dec 19: Prime Minister’s Adviser on Investment and Privatization Dr. Abdul Hafeez Shaikh signed here on Thursday a Memorandum of Understanding (MoU) with E-Commerce Gateway, Singapore for arranging an international...
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Duty drawback groups reshaped
KARACHI, Dec 19: The Collectorate of Customs (Exports), Karachi, has reorganized the composition of the duty drawback groups to ensure quick payments of claims and reduce pendency of cases....
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Rs9.038bn drawback paid in July-Nov
ISLAMABAD, Dec 19: The Central Board of Revenue (CBR) paid out Rs9.038 billion as duty drawback to exporters during the first five months of the current financial year against Rs8 billion...
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Scanning machine
KARACHI, Dec 19: Installation of scanning machine at Peshawar airport has helped increase exports of perishable goods, including fruits, vegetables, and fresh meat from the NWFP....
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Leather exporters asked to register under DTRE
ISLAMABAD, Dec 19: The tax authorities have asked businessmen dealing in leather exports to register themselves under Duty and Tax Remission for Export (DTRE) scheme....
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Prices ease on cotton market
KARACHI, Dec 19: Cotton market on Thursday showed a relatively weak trend as some of the ginners lowered their asking prices after spinners withdrew to the sidelines but there was no...
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PVCL to float money market fund
KARACHI, Dec 19: Pakistan Venture Capital Limited (PVCL) announced its plans to float and manage a Rs250 million open- ended money market fund (MMF); PVCL is 25 per cent owned by...
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ICAP team meets SBP governor
KARACHI, Dec 19: The Governor, State Bank of Pakistan, Dr. Ishrat Husain, has suggested to the Institute of Chartered Accountants of Pakistan (ICAP) that the institute’s consultative role to the SBP...
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Contravention cases Order issued to ease exporters hardship
KARACHI, Dec 19: The Collectorate of Customs (Exports), Karachi, Aftab Anwar Baloch, has issued a standing order to avoid unnecessary hardship caused to exporters as a result of contravention cases involving...
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Aptma rejoinder to PCGA
KARACHI, Dec 19: The All Pakistan Textile Mills Association (Aptma) has refuted the PCGA’s allegation that it had not paid its share of annual contribution towards data compilation cost....
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Karachi Port operations
KARACHI, Dec 19: Four ships carrying chemicals, general cargo and containers are expected to arrive at the outer anchorage on Friday, according to KPT sources....
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Greenback steady
LONDON, Dec 19: The dollar held steady against other leading currencies on Thursday as the spectre of a war in Iraq and US stock market weakness hung over the market....
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Palm oil up
KUALA LUMPUR, Dec 19: Malaysian palm oil futures ended up after bullish crop data for December from market guru Ivan Wong and overnight gains in rival Chicago soyaoil....
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