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| May 28, 2003 | Wednesday | Rabi-ul-Awwal 25,1424 |
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Govt’s claim of poverty reduction questioned
KARACHI, May 27: How many poor people are there in Pakistan? This was and it still remains a very irritating and embarrassing question for all those who are running the affairs... 
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SBP chief for enhancing share in global market
LAHORE, May 27: The State Bank governor Dr Ishrat Husain has said that Pakistan integration into global markets is in its larger economic interest....
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ECC may reduce fertilizer prices today
ISLAMABAD, May 27: The Economic Coordination Committee (ECC) of the Cabinet is expected to approve a reduction in fertilizer prices with immediate effect to provide relief to the farmers during the...
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Eurozone buyers ask for price cuts: Rising currency
KARACHI, May 27: The euro skyrocketed to Rs68.53 in the inter- bank market here after it matched its all-time high of $1.1899 in the international market....
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SECP proposes abolition of double tax: Dividend income
ISLAMABAD, May 27: The Securities and Exchange Commission of Pakistan (SECP) has proposed to the federal government the abolition of double tax on dividend income with a view to removing a...
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Defence exports on rise
KARACHI, May 27: Defence exports are projected to increase to over one billion dollars within the next eight years....
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Loaning rules for SMEs assured
KARACHI, May 27: Governor State Bank Dr Ishrat Hussain on Tuesday said that separate prudential rules and regulations would be introduced for small and medium enterprises....
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Trade team to visit Kuwait next month: Iraq rebuilding
KARACHI, May 27: A high-level 30-member trade delegation is expected to leave for Kuwait in June to seek business in sub-contracting in infrastructure and rehabilitation process of Iraq besides getting direct...
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Unutilized quota
KARACHI, May 27: The Directorate of Textile Quota Management (TQM) of Export Promotion Bureau (EPB) said Tuesday that exporters are allowed to avail carryover of unutilized quota of the year 2002...
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Bull-run continues on massive institutional buying
KARACHI, May 27: Stocks on Tuesday finished with an extended gain as strong institutional buying drove bears out of the market after their mid-session abortive bid to reverse the trend failed...
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Low slabs of customs tariff being removed
ISLAMABAD, May 27: The government is contemplating to further rationalize the customs tariff in the budget for 2003-04, under which the low tariff slabs will be completely eliminated, finance ministry sources...
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Hafeez for expediting sell-off
ISLAMABAD, May 27: The pace of privatization should be further accelerated as the government is determined to transfer public sector entities to quality players in private sector at good prices so...
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Karachi Port operations
KARACHI, May 27: Three ships carrying containers and high speed diesel are expected to arrive at the outer anchorage on Wednesday, according to KPT sources....
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Physical business remains low
KARACHI, May 27: The cotton market on Tuesday showed quietly steady trend but physical business remained at a low ebb in the absence of fresh buying offers from the spinners....
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Measures to check corruption in CBR
ISLAMABAD, May 27: The National Anti-Corruption Strategy (NACS) committee has proposed a number of measures for reducing level of corruption in the tax administration to make it a user-friendly organization....
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S. African team visits KSE
KARACHI, May 27: A two-member trade mission from South Africa along with Mr Arif Elahi, director general, Board of Investment (BoI) and Ms Nasreen Ali visited the Karachi Stock Exchange (KSE)...
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