| 04 April 2004 | Sunday | 13 Safar 1425 |
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20.1m tons wheat output likely this year
ISLAMABAD, April 3: The output of wheat crop 2003-04 is likely to touch 20.1 million tons, which will be sufficient to fulfil the country's requirements during 2004-05, the Federal Committee on Agriculture (FCA) was informed here on Saturday. ... 
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OGDCL, NBP, SSGC IPOs fetch Rs10.39bn
ISLAMABAD, April 3: The Privatization Commission has so far benefited 197,887 small applicants through public offerings of GoP shareholding in National Bank of Pakistan, Oil and Gas Development Company Limited and Sui Southern Gas Company. ...
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Bank deposits grow by Rs150bn: July-Feb 2003-04
KARACHI, April 3: Both local and foreign banks operating in Pakistan saw a net increase of Rs150 billion in their combined deposit base in the first eight months of this fiscal year. ...
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Contractors, builders seek pre-crisis rates: Steel, iron products
KARACHI, April 3: Despite cut in prices of steel products, contractors, builders and developers are still reluctant to lift steel products. ...
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Govt to resolve industrial sector problems
KARACHI, April 3: The government will make all-out efforts for resolving problems facing the industrial sector to facilitate growth. ...
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Fiscal incentives for private pension fund
KARACHI, April 3: The tax incentives and regulatory framework for a voluntary private pension fund scheme that would shift responsibility from firms' to individuals to pick up saving products and make payments ...
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$2m orders booked at Asia leather fair
KARACHI, April 3: Pakistani leather garment exhibitors at the Asia Pacific Leather Fair, Hong Kong, booked orders worth $2 million. They also received inquiries worth up to $6 million. ...
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PFL pre-bid conference tomorrow
ISLAMABAD, April 3: The Privatization Commission is holding a pre-bid conference for the privatization of 94.8 per cent shares of Pak-Arab Fertilizer (Pvt) Limited (PFL) on Monday at the PC conference room, Islamabad. ...
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Chinese firm interested in PS expansion
BEIJING, April 3: China's Metallurgical Construction Corporation (MCC) has reiterated its willingness to provide financial and technical assistance for increasing the production capacity of Pakistan Steel. ...
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Carryover rates move up at 12pc
KARACHI, April 3: Weighted average carryover rates on the Karachi Stock Exchange last week soared into a double digit, touching the six-month high of 12 per cent owing to prevailing bullish conditions. ...
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Saudi Pak okays Rs815 million financing
ISLAMABAD, April 3: The Board of Directors of Saudi Pak Industrial and Agricultural Investment Company (Pvt) Limited has approved financing of 12 companies to the tune of Rs815 million, it was announced here on Saturday. ...
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NBFCs flay decision to equalize tax rate
ISLAMABAD, April 3: Non-banking finance companies are likely to ask the government to re-consider its decision to equalize the tax rate on the NBFC sector and commercial banks while preparing the budget for 2004-05. ...
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Exporters plan to create jobs for youth
FAISALABAD, April 3: The exporters are hammering out a three-pronged strategy to create new job opportunities for the educated unemployed youth, said Ahmed Kamal, chairman All Pakistan Cloth Exporters Association (Apcea). ...
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Britain's richest Asian
KARACHI, April 3: From an Indian village without electricity to a nine million pound home in of the London's richest enclaves - Lakshmi Mittal has emerged as Britain's wealthiest Asian. ...
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Yarn prices increase by 20-25pc
FAISALABAD, April 3: Textile raw material prices in the local market have surged by 20-25 per cent in cotton yarn varieties and nearly 20 per cent in polyester cotton over the last six months ...
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Easy buying trend on cotton market
KARACHI, April 3: Cotton market finished the weekend session on an easy note as spinners were again conspicuous by their absence apparently hoping further decline in prices. ...
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