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October 28, 2003 Tuesday Ramazan 1, 1424 Execution of pesticide rules hangs in balance: Nov 1 deadline MULTAN, Oct 27: With Only four days have left to the implementation of amended agriculture pesticides rules, 1973, but the federal agricultural ministry has yet to give final touches to the... Cotton, sugar crisis to hit economic growth KARACHI, Oct 27: Call it a lack of coordination or a real breakdown of communication between the federal and provincial governments and between the various federal ministries that cotton textile and... SBP move to block sharp rise in PIBs yield KARACHI, Oct 27: The State Bank is going to keep banks liquid ahead of November 4 auction of the long-term Pakistan Investment Bonds to block cartel-making by some banks to push... Uniform cane price policy sought KARACHI, Oct 27: Sindh sugar mills are demanding uniform sugarcane pricing policy throughout the country because extra cost of quality premium is a burden on the province’s industry, which was already... Textile city area increased KARACHI, Oct 27: The area of the proposed textile city being set up near the Port Qasim is being increased from 500 acres to 1,000 acres following the demand that textile... 7 companies SoQs for ABL being assessed KARACHI, Oct 27: The State Bank is considering applications from seven financial institutions that have qualified for the second stage in the sale of the country’s fifth largest bank, Allied Bank... BoI reshaped ISLAMABAD, Oct 27: The federal government has reconstituted the 24-member Board of Investment (BoI) with immediate effect under the 2001 BoI Ordinance, officials said.... ‘SECP curb on COT a timely decision’ LAHORE, Oct 27: The Securities and Exchange Commission of Pakistan’s directive, limiting the badla or carryover transaction (COT) to 30 companies from December 15 will not result in any significant re-balancing... Stocks post modest increase amid volatile trading KARACHI, Oct 27: Stocks on Monday finished further higher amid highly volatile trading as leading investors played on both sides of the fence in the absence of strong financial support. The... Opec trying to keep prices above $25 RIYADH, Oct 27: The Opec is striving to keep oil prices above $25 a barrel, significantly higher than official floor of the $22-28 a barrel price band, energy analysts strongly feel... Cotton prices hit new record level KARACHI, Oct 27: Cotton prices on Monday rose to a record level of Rs3,600 per maund as pent-up mill demand made its debut after Sunday’s closure.... Saudis to invest in parboiled rice, jewellery KARACHI, Oct 27: Leading business houses of Saudi Arabia have agreed to import and invest in parboiled rice, fresh fruits and jewellery in a big way to make Pakistan a primary... SSGC sales rise in July-Sept KARACHI, Oct 27: Sui Southern Gas Company Limited (SSGC) sold 75,242 mmcfd of gas during July-September 2003 as compared to 61,197 mmcfd in the same period of 2002, showing a rise... PICIC gives 10pc interim dividend on mutual funds KARACHI, Oct 27: Shareholders of the 13 funds of ICP lot-B and its State Enterprise Mutual Fund — all of them now belonging to PICIC — have got an interim cash... PIA earns Rs904m pre-tax profit: July-September KARACHI, Oct 27: Pakistan International Airlines Corporation (PIAC) earned a pre-tax profit of Rs904 million for the third quarter ended September 30, 2003.... FPCCI team invited to Vietnam KARACHI, Oct 27: Vietnam Vice Minister of Trade, Do Nhu Dinh, has invited FPCCI delegation to Vietnam for talks with their counterparts and participation in major international exhibitions scheduled for coming... Award of contract to be made transparent KARACHI, Oct 27: The Minister for Communication Senator Ahmed Ali has taken serious note of the state of affairs in the organizations, which are under the administrative control of the ministry.... Karachi Port operations KARACHI, Oct 27: Eight ships carrying palm oil and DAP fertilizer are due to arrive at the outer anchorage on Tuesday, according to KPT sources....

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