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| February 11, 2003 | Tuesday | Zul Hijjah 9, 1423 |
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Unisame seeks MNCs franchise for SMEs
KARACHI, Feb 10: The Union of Small and Medium Enterprises (Unisame) has urged the multinational companies to give franchise to small and medium enterprises (SMEs) to enable them generate employment.... 
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NWFP may cut ADP size by Rs5bn
PESHAWAR, Feb 10: The size of the NWFP’s annual development programme (ADP) for 2002-03 is set to undergo a substantial cut due to the provincial government’s increasing financial constraints, according to...
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PIA signs Rs15.140bn TFCs
KARACHI, Feb 10: The signing ceremony of the Term Finance Certificates (TFCs) raised by PIA valued at Rs15.140 billion was held here at a local hotel on Monday with National, Habib...
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Malaysia wants to enhance trade
KARACHI, Feb 10: The leader of 15-member Malaysian trade and investment delegation, Soong Siew Hoong, has said that there is virtually no problem of law and order situation in Pakistan particularly...
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MCB earns Rs3.1bn pre-tax profit
KARACHI, Feb 10: The board of directors of Muslim Commercial Bank has recommended a 15 per cent bonus shares for its share holders. The bonus shares would be disbursed after the...
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Selling pushes index down by 63.39 points
KARACHI, Feb 10: Stocks on Monday fell across a broad front as pre-Eid holiday selling dominated the trading in the absence of strong buying at the falling prices from any of...
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EoIs date for Fesco extended
ISLAMABAD, Feb 10: The Privatization Commission (PC) here on Monday extended the last date for receiving Expressions of Interest from qualified strategic investors for transfer of the management control of Faisalabad...
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South-south cooperation stressed
KARACHI, Feb 10: The leader of 15-member Malaysian trade delegation, Soong Siew Hoong, on Monday stressed upon the need to work for south-south cooperation....
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ABN Amro, IFC sign $80m facility
KARACHI, Feb 10: The International Finance Corporation (IFC) and ABN Amro on Monday signed a $80 million trade enhancement facility to help private sector Pakistani importers and exporters with financing to...
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NWFP tax collection remains a poor show
PESHAWAR, Feb 10: Tax collection machinery of the province continued putting poor show as a negligible amount of Rs2.4m was raised through local rate and ushr levies during the first six...
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Firm conditions on cotton market
KARACHI, Feb 10: Cotton market finished pre-Eid holiday session on a firm note as ginners held on to their positions amid predictions of further increase in prices....
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Oil prices fall back on profit-taking
LONDON, Feb 10: Oil prices fell back here on Monday after a Franco-German push to thwart war in Iraq triggered profit taking after the market had earlier chased up to new...
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Asian currencies rise poses no threat to export
MANILA, Feb 10: East Asia’s export competitiveness has not eroded even though most regional currencies are rising against the dollar amid Iraq war fears and US fiscal deficit concerns, the Asian...
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Mobilink CE reinstated
ISLAMABAD, Feb 10: The President and Chief Executive Officer of Pakistan Mobile Communication (Mobilink), Mr Al Barry was reinstated under an agreement signed by two warring groups of the company’s board...
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Inquiry into record tempering ordered
ISLAMABAD, Feb 10: The Federal Tax Ombudsman (FTO), Justice Saleem Akhtar, has asked the Central Board of Revenue (CBR) to initiate an inquiry against those tax officials involved in tampering of...
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Karachi Port operations
KARACHI, Feb 10: Eight ships carrying containers and crude oil are expected to arrive at the outer anchorage on Tuesday, according to KPT sources....
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Dollar steady against leading currencies
LONDON, Feb 10: The dollar held steady against other leading currencies here on Monday as the market eyed developments over Iraq amid signs the rift between the United States and other...
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Palm oil prices higher
KUALA LUMPUR, Feb 10: Speculative buying drove Malaysian palm oil futures up on Monday as players shrugged off poor exports estimates for the first 10 days of February, traders said....
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Double taxation with Japan
ISLAMABAD, Feb 10: The government has decided to move a proposal to Japanese government to update the convention on avoidance of double taxation on income....
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TCP sells 1,518 bales
KARACHI, Feb 10: The Trading Corporation of Pakistan (TCP) on Monday accepted two highest bids for 1,518 bales of cotton, invited by the corporation through local sale tender....
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