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| April 12, 2003 | Saturday | Safar 9, 1424 |
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March trade remains undisturbed in war
KARACHI, April 11: Pakistan’s international trade has remained undisturbed from eleven days of Iraq war in March when total trade volume exceeded two billion dollars.... 
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Humayun warns against forgery in quota system: ELVIS launched
KARACHI, April 11: Commerce Minister Humayun Akhtar Khan on Friday warned those unscrupulous elements who tamper with quota system by resorting to fake licenses and even by forging the officially issued...
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Auto makers may lose tariff protection
KARACHI, April 11: The European Union and International Monetary Fund (IMF) have raised objection over higher tariff protection being enjoyed by Pakistan’s automobile assemblers, the Federal Commerce Minister, Humayun Akhtar Khan...
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Musharraf assures revival of Gadoon estate
PESHAWAR, April 11: President Gen Pervez Musharraf on Friday said the NWFP that country’s economy was in the take-off position because of the effective financial management during the last three years...
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KSE 100-share index posts modest gain
KARACHI, April 11: Stocks on Friday finished higher under the lead of blue chips as leading institutional traders were back in the market and covered positions at the lower levels after...
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Mark-up on wheat purchase reduced
KARACHI, April 11: Banks have agreed to finance purchase of wheat by the food department, government of Sindh, at 5.65 per cent mark-up rate against the previous rate of 9.5 per...
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1st Islamic TFC of Rs250m this month
KARACHI, April 11: Al-Zamin Leasing Modaraba is launching the first ever Islamic term finance certificate sometime this month....
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Fake freight subsidy claims
KARACHI, April 11: Federal Minister for Commerce Humayun Akhtar Khan on Friday directed the Export Promotion Bureau (EPB) to remove discrepancy in the list of new markets and products on the...
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US House okays $2.2tr budget
WASHINGTON, April 11: The US House of Representatives early Friday narrowly approved a 2.2-trillion-dollar budget blueprint, but drastically scaled back President George W. Bush’s tax cut proposal in the face of...
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Advice to banks, DFIs
KARACHI, April 11: The State Bank has warned heads of all banks and development finance institutions that the proceedings of the meetings of the board of directors should invariably be recorded...
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SLIC schemes
KARACHI, April 11: The Federal Minister for Commerce Humayun Akhtar Khan on Friday directed the State Life Insurance Corporation (SLIC) to launch individual retirement saving scheme as well as accidental death...
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Dubai wears sombre look
RIYADH, April 11: Economy in Dubai thrives on shopping and tourists from all over the globe. And when the region is faced with a crisis, like the current uncertain situation in...
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Ginners increase asking prices
KARACHI, April 11: The cotton market on Friday showed quietly steady trend as ginners raised their asking prices followed by reports of steep increase in New York futures, but ready business...
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Farmers benefit from shortfall in cotton output
LAHORE, April 11: The latest count of cotton that should be the final output, places the crop at 9.67 million bales, short of the last year’s produce by 4.3 per cent....
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Preferential tariff from China sought
ISLAMABAD, April 11: Islamabad has sought preferential tariff from Beijing on its exportable goods to the latter aimed at reducing the trade deficit with China....
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Karachi Port operations
KARACHI, April 11: Four ships carrying containers, general cargo and high speed diesel are expected to arrive at the outer anchorage, according to KPT sources....
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Dollar inches higher
LONDON, April 11: The dollar edged upwards on Friday against other major currencies but dealers remained watchful for both the latest news from Iraq and potentially significant economic data due in...
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Palm oil prices
KUALA LUMPUR, April 11: Crude palm oil (CPO) prices on Malaysia’s derivatives exchange are likely to trade cautiously next week, dealers said on Friday....
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Interstoff Asia fair
KARACHI, April 11: Pakistani manufacturers participating in the Interstoff Asia Spring 2003, Hong Kong, have a successful show and managed to book a large number of orders from buyers....
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WHO’s advice on SARS
KARACHI, April 11: The World Health Organization (WHO), while advising people to postpone their travel to SARS risk countries, has emphasized that this recommendation does not apply to passengers transiting through...
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