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| November 6, 2003 | Thursday | Ramazan 10, 1424 |
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Yields on PIBs stable Govt to reduce NSS rates in Jan
KARACHI, Nov 5: The State Bank on Wednesday kept the yields on long-term government bonds almost unchanged allowing a negligible decline in the same.... 
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PC receives highest bid of Rs778.9m: Thatta Cement sell-off
ISLAMABAD, Nov 5: The Privatization Commission on Wednesday received the highest bid of Rs778.997 million at the rate of Rs10.85 per share from Star Cotton Corporation for the sale of 90...
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Meeting today to discuss cotton crisis
KARACHI, Nov 5: After more than a month of the emergence of the cotton crisis in Pakistan, Commerce Minister Humayun Akhtar Khan is holding a meeting with all stakeholders of cotton...
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Economic zone for Chinese investors
BEIJING, Nov 5: Pledging an all out cooperation to Chinese investors in identifying the right business opportunities in Pakistan, President Pervez Musharraf on Tuesday said land and utilities would be provided...
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KSE index plunges on PTCL tariff cuts
KARACHI, Nov 5: The KSE 100-share index on Wednesday plunged 112 points on active selling in PTCL followed by reports of cut in its line rent and call rates and sympathetic...
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SBP draft rules for margin financing
KARACHI, Nov 5: The State Bank of Pakistan has issued draft regulations for financing to brokers by banks/DFIs. These regulations, which have been prepared by a working group comprising of representatives...
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Rs21.7bn refunded in July-Oct
ISLAMABAD, Nov 5: The tax authorities have paid out Rs21.7 billion refund/rebate to exporters during the first four months of the current financial year against Rs23.3 billion it paid during the...
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Millers agree to start cane crushing
LAHORE, Nov 5: In response to a letter from the food department, most of the millers have promised to start crushing season during the second week of the current month....
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PSL plans Rs700m TFC issue
KARACHI, Nov 5: Pakistan Services Limited (PSL), owners and operators of Pearl Continental Hotels, has decided to issue listed term finance certificates (TFCs) of Rs700 million....
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WTO sees weak trade growth in 2003
GENEVA, Nov 5: World trade is expected to grow a weak three per cent this year, unchanged from 2002, the World Trade Organization said on Wednesday, prompting WTO chief Supachai Panitchpakdi...
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Karachi Port operations
KARACHI, Nov 5: Two ships carrying containers and raw jute are due to arrive at the outer anchorage on Thursday, according to KPT sources....
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Prices rise on cotton market
KARACHI, Nov 5: Cotton prices on the local cotton market again rose in response to higher New York cotton futures but spinners were undecided whether or not to buy at the...
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China’s total trade to hit $800bn mark
HONG KONG, Nov 5: Chinese Vice-Premier Zeng Peiyan said on Wednesday continued strong economic growth in China would significantly boost total trade this year to $800 billion....
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TCP to float sugar tender in 4 days
KARACHI, Nov 5: The Trading Corporation of Pakistan (TCP) will float the first tender for sugar purchase in next three to four days as a first step to begin the procurement...
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US services sector grows
WASHINGTON, Nov 5: The vast US services sector sped up in October, expanding for the seventh straight month and reflecting a still-lively economic recovery, a survey showed on Wednesday....
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Stability pact
BERLIN, Nov 5: The European Stability and Growth Pact, which sets tight limits on the public spending of eurozone governments, would be weakened if it were applied in a “mechanical” way,...
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Polythene bags
DHAKA, Nov 5: Polythene shopping bags of any type are banned in Bangladesh and their production, distribution and selling are punishable crimes....
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$200m duties
BRUSSELS, Nov 5: The EU Commission decided on Wednesday to hit imports from the US with duties of $200m from March 2004 in retaliation against a US tax scheme, EU sources...
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