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| January 23, 2003 | Thursday | Ziqa’ad 19, 1423 |
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Business asked to evolve joint strategy: Next WTO round
KARACHI, Jan 22: Minister for Commerce Humanyun Akhtar Khan on Wednesday stressed the need for evolving a joint strategy for the next WTO round being held in Mexico in September this... 
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Fitch, IFC sell out shares in Pacra
LAHORE, Jan 22: An international credit rating, Fitch, and the International Finance Corporation (IFC) have disinvested their entire holding in Pakistan Credit Rating Agency (Pacra) to its employees and the Lahore...
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New plan to attract investment
ISLAMABAD, Jan 22: The government has decided to implement a new “National Investment Promotion Plan” specially by rejuvenating the Board of Investment (BoI)....
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Govt borrows Rs28.5bn at low rates
KARACHI, Jan 22: The government borrowed Rs28.5 billion from the banking system on Wednesday at very cheap rates as the banks wallowing in excess liquidity were desperate to lend. But this...
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Listed companies to disclose accounting policy
ISLAMABAD, Jan 22: The Securities and Exchange Commission of Pakistan (SECP) has amended the Fourth Schedule to the Companies Ordinance, 1984 requiring the listed companies to disclose their accounting policy in...
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SME risk capital fund
KARACHI, Jan 22: Speakers at a workshop organized by Small & Medium Enterprise Development Authority (Smeda) recommended ‘SME risk capital fund’ for rapid growth of small and medium enterprises....
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Rs30bn refunds withheld in first half
ISLAMABAD, Jan 22: The tax authorities have withheld a sum of Rs30 billion against refund payable to major exporters across the country during the first half year of the current financial...
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Abbott Laboratories
KARACHI, Jan 22: On Wednesday, Abbott Laboratories (Pakistan) Limited announced the financial figures for the year ended November 30, 2002, which possibly are the first full year numbers after the company’s...
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Buying at dips restricts stock market decline
KARACHI, Jan 22: Stocks on Wednesday remained under pressure for the second session in a row followed by renewed selling but there were buyers at dips, who restricted the market decline....
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Bullish trend continues on cotton market
KARACHI, Jan 22: Cotton market on Wednesday showed bullish trend as ginners further raised their asking prices amid reports of pressure on ready supplies in the backdrop of falling phutti arrivals...
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CBR to set up dispute resolution committees
ISLAMABAD, Jan 22: The Central Board of Revenue (CBR) has decided to constitute dispute resolution committees for early resolution of cases of levy and payment of sales tax....
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Karachi Port operations
KARACHI, Jan 22: Berthing activity at Karachi port on Wednesday was maintained on the higher side where all the new arrivals as well as those awaiting berths were accommodated....
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Exploration licence
ISLAMABAD, Jan 22: The government on Wednesday granted a Petroleum Exploration Licence to Mari Gas Company Limited, a local company incorporated under the laws of Pakistan over Ziarat Block No. 2967-2...
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CU Managed Fund
KARACHI, Jan 22: Commercial Union Life Assurance Co (Pakistan) Ltd has announced that the Offer and Bid Prices for the insured units of its Managed Fund effective from January 23 are...
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E-quiz
KARACHI, Jan 22: KLM and Sony Ericsson have launched an electronic quiz game from Jan 13 to Feb 13. This exciting yet simple e-quiz, which is called “your mobile is just...
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Dollar higher against yen
LONDON, Jan 22: The dollar edged higher on Wednesday as the market awaited fresh developments on Iraq, a day after the ratcheting up of pressure on Baghdad sent the US unit...
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