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| September 1, 2003 | Monday | Rajab 3, 1424 |
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Bears unsuccessful in aborting the bulls’ hierarchy
Despite the weekend pruning on blue chip counters, the stocks maintained their upward drive as bulls were not inclined to entertain the bearish ideas at this stage and continued to build... 
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Rupee loses charm against major units
A mixed trend was witnessed at the local currency market with the rupee suffering losses at the beginning of the week but then gradually recovering by mid-week before closing on a...
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Demand and time liabilities continue upward drive
According to the weekly statement of position of scheduled banks for the week ended August 16 2003, the sum of demand and time liabilities continued to increase in the week under...
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Pressure on supplies drives commodities to upper scale
Last week saw firm trends on the Karachi wholesale commodity markets as the prices of essential items generally rose on the reports of pressure on ready supply....
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Barriers against agri exports under the WTO
The progressive liberalization of the world trade has created opportunities for Pakistan to become integrated into the global trading system and to exploit its national and regional comparative advantages....
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Mirani Dam: is it viable?
 Among the most publicized mega-projects launched by the present government in Balochistan is the Mirani Dam. It is being constructed across Dasht River at the confluence of Kech and Nehing rivers...
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Improving agri land management
Why has our agriculture not improved despite the adoption of various steps by the successive governments?...
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Wapda: dialogue for resolving bilateral issues
 Transformation of Pakistan’s power sector started in a big way in 1985 when it was decided to induct private sector in power generation. Until then Wapda and the KESC were the...
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Indigenous development of CNG kits
Pakistan attempts to address its environmental issues adequately despite population growth. Environmental regulations, in the shape of Pakistan Environmental Protection Act 1997, are already in place....
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World commodity report
Oil prices have held firm in recent days as dealers fretted over a gasoline supply crunch in the US. Ethnic violence in the key oil producing area of Nigeria ...
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Forex reserves management
This refers to Kazi Mohiuddin Farooqui’s letter published in EBR on August 18. I wasn’t lucky (like Mr Farooqui) in locating the articles by Dr Ishrat Hussain but based on the...
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Tax base not to grow without political will
While addressing the large taxpayers’ unit (LTU) in Karachi, the Governor, State Bank of Pakistan, stressed the need for broadening the tax base, so that surcharges could be withdrawn, lessening the...
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Chances of Pakistan becoming an Asian tiger
During the last four years, Pakistan has no doubt succeeded in achieving a certain degree of macro-economic stability and improving its performance in certain areas of the economy. The external sector...
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House finance: is foreign credit line necessary?
 The World Bank (WB) and the International Finance Corporation (IFC) arranged a two-day workshop in Karachi on August 20/21, 2003 on the subject of: “house finance”....
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