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| September 24, 2003 | Wednesday | Rajab 26, 1424 |
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SHC stops EPB from disposing of EU quota: Bedlinen
KARACHI, Sept 23: The Sindh High Court has restrained the Export Promotion Bureau from disposing of in any manner, including transferring, utilizing, awarding and allocating category 20 (bedlinen) quota of the... 
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Local appliances makers selling Chinese items: Cheaper goods lead to price war
KARACHI, Sept 23: Many leading domestic appliances manufacturers have become importers and distributors. They are importing home appliances from China and selling them at cheaper rates....
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Rs70bn debt raised thru PIBs in ’02-03
KARACHI, Sept 23: The government raised more than Rs70 billion local debt through sale of long-term Pakistan Investment Bonds in fiscal year July/June 2002/03 against the initial target of Rs25 billion....
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SECP issues notices to15 companies: Illegal brokerage business
ISLAMABAD, Sept 23: The Securities and Exchange Commission of Pakistan (SECP) has issued show cause notices against 15 companies for carrying on unauthorized brokerage business and involvement in fraudulent activities in...
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Investment seminar in China
BEIJING, Sept 23: Pakistan will hold a first-ever seminar in Shanghai on October 16 to attract foreign investment in the country....
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Lamy sees no early revival of trade talks
BRUSSELS, Sept 23: European Union trade chief Pascal Lamy was downbeat on Monday on prospects for an early revival of failed talks on expanding global trade, saying the 15-nation EU needed...
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PTCL may announce Rs3/share dividend
KARACHI, Sept 23: Pakistan Telecommunication Company Limited (PTCL) would declare dividend at Rs3 per share (30 per cent) for the financial year ended June 30, 2002, a poll of five stock...
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German cos invited to invest in IT, power sector
ISLAMABAD, Sept 23: Federal Minister for Privatization Dr. Abdul Hafeez Shaikh said that the structural reforms and stabilization of economic policies being followed by Pakistan had achieved impressive progress on the...
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Asian Bank Mission due today
ISLAMABAD, Sept 23: An Asian Development Bank mission led by its director general private sector operations will be here from September 24-27 to finalize its Private Sector Strategy for Pakistan....
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Rice export
KARACHI, Sept 23: Pakistan, eyeing a bigger rice harvest in 2003-04 (April-Nov), hopes to increase exports to a tight global market, trade officials said on Tuesday....
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Stocks fall by 74 points on political uncertainty
KARACHI, Sept 23: Stocks on Tuesday remained under pressure and fell further but active short-covering in PTCL and Hub-Power limited the fall amid moderately active trading. The KSE 100-share index shed...
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Some banks, DFIs not implementing write-off scheme
LAHORE, Sept 23: Certain banks and financial institutions are stubbornly refusing to implement the decisions of the central bank’s dispute resolution committee under the SBP scheme to write off irrecoverable loans/advances,...
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Brisk trading on cotton market
KARACHI, Sept 23: Active trading was witnessed on the cotton market on Tuesday as mills and spinners continued to make fresh commitments at the current levels amid brisk activity....
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Ports being upgraded to face free trade era
KARACHI, Sept 23: The chairman, Karachi Port Trust (KPT), Vice Admiral Ahmad Hayat, has said that ports are being modernized and geared up to cope with increased shipping traffic expected during...
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Karachi Port operations
KARACHI, Sept 23: Three ships carrying containers, base oil and chemicals are due arrive at the outer anchorage on Wednesday, according to KPT sources....
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IMF backs G7 on flexible exchange rates
DUBAI, Sept 23: The International Monetary Fund (IMF) backed here on Tuesday a call by the Group of Seven (G7) industrialized states for more flexibility in exchange rates, at the start...
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