| 17 February 2004 | Tuesday | 25 Zilhaj 1424 |
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Islamabad aims to lower rate by 2pc: Eurobond
ISLAMABAD, Feb 16: Finance Minister Shaukat Aziz said on Monday that Pakistan would go for swapping its recently launched $500 million five-year fixed rate Eurobond issue to floating rate that would help bring down the pricing by a minimum of 2 per cent from existing 6.75 per cent. ... 
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Pakistan to lose EU market in quota-free world: Dumping duty on bedlinen
KARACHI, Feb 16: Under the burden of punitive actions and customs duties Pakistan is going to lose its entire bedlinen market share of over $350 million in the European Union (EU) during the quota free era beginning from January 1, 2005. ...
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Dutiable imports value up 26.7 pc
ISLAMABAD, Feb 16: The value of dutiable imports registered an increase of 26.7 per cent during the July-January period of the current financial year over the same period last year. ...
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WTO needs to prevent remedy laws misuse
ISLAMABAD, Feb 16: Pakistan along with other developing countries has urged the World Trade Organization (WTO) to open negotiations on the trade remedy laws to prevent their abuse and the resultant losses to developing countries. ...
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Canada interested in joint ventures
ISLAMABAD, Feb 16: An eleven-member trade delegation under the auspices of Canada-Pakistan Business Council (CPBC) has expressed keen interest in expanding business activities in the form of joint ventures with Pakistani companies in various sectors. ...
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Car companies' shares fall
KARACHI, Feb 16: The cabinet's decision to approve import of used and new cars of lower engine capacity has caused a decline of eight to 13 per cent in share prices of three Japanese and one Korean car companies at the Karachi Stock Exchange. ...
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'Pakistan a potential textile supplier'
BEIJING, Feb 16: China considers Pakistan a potential supplier of textile goods in the world market, Chinese official sources said in Beijing. ...
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MCB declares 10 per cent dividend
KARACHI, Feb 16: The Board of Directors of Muslim Commercial Bank (MCB) on Monday recommended payment of a final dividend of 10 per cent in the form of bonus shares to its share holders. ...
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Prices remain high on cotton market
KARACHI, Feb 16: Trading on the cotton market on Monday resumed on a higher note as ginners made selective selling mostly at their asking prices amid reports of a short crop. ...
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Profit-taking by investors erase early gains
KARACHI, Feb 16: Stocks on Monday gave another highly volatile performance as investors played on both sides of the fence selling at the rise and buying at the dips, but the undertone remained uppishly inclined. ...
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