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| May 10, 2003 | Saturday | Rabi-ul-Awwal 7, 1424 |
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Cement makers reach accord: Prices fixed at Rs225
KARACHI, May 9: Cement producers finally managed to put together pieces of their broken ‘cartel’ at a meeting of manufacturers held in Lahore on Thursday.... 
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WB wants NSS rates tied to bonds’ yield
ISLAMABAD, May 9: The World Bank said Friday that Pakistan’s government ought to cut the interest rates on a state savings scheme in line with falling government bond yields....
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Mangoes smuggled to Iran, Mideast via Afghanistan
KARACHI, May 9: Afghanistan has become a conduit of smuggled mangoes and other fruits from Pakistan to Iran and other Middle Eastern countries, fruit exporters allege....
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Work in progress on Dilband iron ore deposits
QUETTA, May 9: Initial work has been started at the Iron Ore huge deposits at Dilband of Chagai district, and the project would start formal production in next two to three...
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Seed cotton yield
KARACHI, May 9: The Ministry of Food, Agriculture and Livestock (MINFAL) has chalked out an action plan for developing better seed cotton yield and adaptation of Integrated Pests Management (IPM) programme...
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Sars-free chit by WTO to boost business
KARACHI, May 9: Federal Minister for Industries and Production Liaquat Ali Jatoi said on Friday that clearance of Pakistan by World Health Organization (WHO) from Sars will have a positive impact...
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State Bank guidelines for statutory cash reserves
KARACHI, May 9: The State Bank issued on Friday a master circular which spells out guidelines for the maintenance of statutory cash reserve by the banks and the financial institutions with...
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PS may import iron ore from India
NEW DELHI, May 9: Listed Indian iron ore exporter, Sesa Goa Ltd. said on Friday that talks are at an advanced stage for a supply contract with Pakistan Steel Mills Ltd....
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KCCI seeks 20pc cut in car prices
KARACHI, May 9: The president, Karachi Chamber of Commerce and Industry (KCCI), Mian Nasser Hyatt Maggo has urged the car assemblers to reduce the car prices by at least 20 per...
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KESC, Wapda rates
KARACHI, May 9: Federal Industries Minister Liaquat Ali Jatoi said Friday that he will urge the Prime Minister to constitute an inter-ministerial committee to solve all the anomalies facing industries....
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Share values finish weekend session on positive note
KARACHI, May 9: Share values on the Karachi Stock Exchange ended the week on a positive note as peace initiatives with India and higher dividend yields did not allow investors to...
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Finished goods exports up by 20.24pc
ISLAMABAD, May 9: Finished goods exports during the period July- April 2002-03, stood at $8.02 billion, up 20.24 per cent ($1.35 billion)....
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Cotton prices ease further
KARACHI, May 9: Cotton prices on Friday eased further as ginners indulge in selling amid fears of negative fallout of the falling New York cotton futures on the local trading....
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Exporters asked to explore Asean market
LAHORE, May 9: Pakistani businessmen should exploit the business opportunities offered by the Asean countries and market their products in that region....
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Tax relief sought
KARACHI, May 9: Pakistan Leather Garments Manufacturers & Exporters Association (PLGMEA) is seeking relief from the government in the forthcoming budget to arrest the falling exports in leather garments....
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Single stage ST system proposed
KARACHI, May 9: The Towel Manufacturers’ Association of Pakistan (TMA) has proposed single stage sales tax system for textile sector to resolve the refund issue....
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Karachi Port operations
KARACHI, May 9: Four ships carrying containers and some other commodities are expected to arrive at the Karachi Port on Saturday, according to KPT sources....
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Green gas refrigerators
KARACHI, May 9: A multinational company has launched refrigerators based on green gas technology in Pakistan to gradually replace Freon gas refrigerators....
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Release of refund
KARACHI, May 9: Collector, sales tax & central excise (West), Sohail Afzal, has assured the commercial exporters of his full cooperation towards the release of funds for the disbursement of sales...
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Euro up against dollar
LONDON, May 9: The euro hit fresh stratospheric levels against the dollar on Friday, touching four-year-highs of $1.15 after the euro zone central bank hinted it was not yet worried at...
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