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| April 30, 2003 | Wednesday | Safar 27, 1424 |
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EOBI equity income shoots up by 600pc
KARACHI, April 29: The Employees Old-Age Benefits Institution (EOBI) has made a fabulous growth of 600 per cent in equity income on realizing Rs717.193 million during three quarters (July-March) of current... 
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30 delegates to participate in SAFA moot
KARACHI, April 29: The two-day South Asian Federation of Accountants (SAFA) Conference, 2003 to be held here on May 2 and 3 would deliberate on issues of Corporate governance; social and...
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Foreign portfolio investment up by 55pc
ISLAMABAD, April 29: Foreign portfolio investment in Pakistan stood at Rs18.91 billion at the end of the period July-March 2002-03, denoting...
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KCCI seeks used machinery import: Trade policy proposals
KARACHI, April 29: Karachi Chamber of Commerce and Industry (KCCI) has urged the government to allow import of second hand machinery and spare parts in the new Trade Policy 2003-2004....
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Car makers, govt talks on price cut today
ISLAMABAD, April 29: The car manufacturers and the government hold talks on Wednesday in Karachi to come out with a price reduction for the consumers, official sources said....
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Banks’ farm lending swells by 28.3pc
KARACHI, April 29: The commercial banks disbursed Rs15bn among the farmers during July-March 2002-03 against Rs11.7bn during the same period last year, showing an increase of 28.3 per cent....
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KESC loss jumps by 48pc
KARACHI, April 29: Karachi Electric Supply Corporation (KESC) reported a staggering operating loss of Rs8.547 billion, for the nine months (July-March 2002-03). This represented a huge increase of 48 per cent...
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Urea export plan in jeopardy
ISLAMABAD, April 29: The government is likely to postpone the proposed export of 50,000 metric tons surplus urea to Afghanistan and other countries....
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Gwardar area to attract investors
KARACHI, April 29: President FPCCI, Riaz Ahmed Tata has said that Gwadar Port Project will be a milestone in the history of Pakistan....
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Oil price lower
LONDON, April 29: IPE Brent crude oil futures traded nervously lower on Tuesday on anticipation of a rise in US oil inventories and forecasts of lower global demand....
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Investment demand for gold
NEW YORK, April 29: The sharp rise in gold prices in 2002 boosted global investment demand for the yellow metal to a 35-year high, but cut its use in fabricated products,...
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KSE index crosses 2,900-point barrier
KARACHI, April 29: The KSE-100 share index on Tuesday again crossed the barrier of 2,900 points, and analysts predict its next target of 3,000 now appears to be well within reach...
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EPB chief for exploring new export markets
SIALKOT, April 29: Chairman Export Promotion Bureau (EPB) Tariq Ikram has said that EPB has focused its special attention on bringing radical changes in the export sector for strengthening the national...
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Low physical activity on cotton market
KARACHI, April 29: Physical activity on the cotton market remained at a low ebb for the second session in a row as both mills and spinners adhered to the sidelines awaiting...
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Fingerprint technology in Pakistan
LAHORE, April 29: A US public listed company plans to shortly introduce fingerprint technology in Pakistan and invest some $2.5 million to set up a security device manufacturing facility, said an...
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WB warning on fake schemes
PARIS, April 29: In a communique issued on Tuesday in Paris through its European Office, the World Bank says that it has decided to issue a warning with regard to the...
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Karachi Port operations
KARACHI, April 29: Five ships carrying containers and highspeed diesel are expected to arrive at the outer anchorage on Wednesday, according to the KPT sources....
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Oracle solutions
LAHORE, April 29: A leading textile group has chosen Oracle 11i applications as its Enterprise Resource Planning System for complete manufacturing, financial and distribution solutions....
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