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| December 30, 2003 | Tuesday | Ziqa’ad 6, 1424 |
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Law needs enforcement mechanism: SECP chief: Money-laundering
LAHORE, Dec 29: Securities and Exchange Commission of Pakistan Chairman Dr Tariq Hasan on Monday said that the proposed anti-money laundering law, being promulgated next year, would not work without a... 
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Wheat flour prices sky-rocketing: No demand-supply gap
MULTAN, Dec 29: Despite the tall claims by the government officials that there is no demand-supply gap viz-a-viz wheat stock, the prices of wheat flour in the four corners of the...
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NBFCs get more room for debt raising
KARACHI, Dec 29: The State Bank has allowed banks and development finance institutions (DFIs) to underwrite term finance certificates (TFCs), commercial papers and other debt instruments of non-banking finance companies....
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170kg average weight of cotton bale
MULTAN, Dec 29: The official cotton crop estimates have always been based on an average bale weight of 170kg, says a press release, issued on Monday by the federal ministry of...
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Commodity exchange
LAHORE, Dec 29: The much-awaited National Commodity Exchange Limited (NCEL) will get operational in June next....
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Pakistan, Iran experts start discussion: Gas pipeline
ISLAMABAD, Dec 29: A two-day meeting of Pak-Iran Working Group Experts on proposed gas pipeline project started its deliberation here on Monday....
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Stocks up 66 points on political developments, HBL sell-off
KARACHI, Dec 29: The Karachi Stock market witnessed a bull run on Monday with the Index climbing 65.98 points to close at 4,459.02 on improved turnover....
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Pakistan, China trade under PTA from Jan 1
BEIJING, Dec 29: Pakistan and China have finalized necessary arrangements to start bilateral trade under the Preferential Trade Agreement (PTA) from January 1....
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PCGA rejects cotton body output claims
RAHIM YAR KHAN, Dec 29: The Pakistan Cotton Ginners Association (PCGA) has rejected the report of the Cotton Crop Committee, which claims that the total production of cotton this year would...
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Textile city to create 80,000 jobs
KARACHI, Dec 29: The Textile City which is being established here with an initial capital of Rs1 billion, will facilitate creation of 80,000 jobs....
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EU to mint first new euro coins in 2004
PARIS, Dec 29: Two years after the introduction of the first euros, the EU is to introduce in 2004 its first new coins, and this four years ahead of schedule....
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Gold off new highs as buying dries up
LONDON, Dec 29: Gold crept up to a fresh near eight-year high when the market re-opened in Europe on Monday as the dollar plumbed new lows against the euro, but subsequently...
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Steady conditions on cotton market
KARACHI, Dec 29: Selective buying from spinners for superior quality cotton on Monday helped in maintaining steady outlook in the local cotton market when trading resumed in the morning....
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5th Saarc trade fair opens in Dhaka
ISLAMABAD, Dec 29: The Saarc-member countries are displaying their products at the 5th Saarc trade fair started at Dhaka ahead of the proposed summit to seek maximum markets for their products...
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Aptma meeting requisitioned
LAHORE, Dec 29: Nine members of the central managing committee (CMC) of the All Pakistan Textile Mills Association (Aptma) have requisitioned a meeting of the CMC on Saturday in Karachi....
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Oil prices mixed amid dull trade
LONDON, Dec 29: Oil prices were mixed on Monday as the London and New York markets resumed trading following the extended Christmas break and began the process of post-holiday adjustment....
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BD to play active role for SAFTA
DHAKA, Dec 29: The government of Bangladesh has recently decided in principle to solidify its commitment to the South Asian Free Trade Area (SAFTA), while it is unenthusiastic about the proposed...
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Karachi Port operations
KARACHI, Dec 29: Three ships are expected to arrive on Tuesday to load and offload containers and to unload 55,000 tons of crude oil, said KPT report on Monday....
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Port Qasim
KARACHI, Dec 29: A container ship, Santa Felicita, was allotted berth at QICT during the last 24 hours, said a PQA press release on Monday....
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Pakistan image in Britain improved
LONDON, Dec 29: The image of Pakistan in United Kingdom has now “improved” and both countries have started expanding trade and investment ties, said Abdul Kader Jaffer, former High Commissioner to...
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