| 10 April 2004 | Saturday | 19 Safar 1425 |
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Garment exports decline by 26pc
KARACHI, April 9: Readymade garment exports dropped sharply by 26 per cent in terms of quantity and 8.5 per cent in terms of dollars during the last nine months of the current financial year ... 
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50,000 tons sugar export under study
KARACHI, April 9: Pakistan is considering exporting at least 50,000 tons of refined sugar before June to reduce surplus stocks and support sagging domestic prices, a government official said on Friday. ...
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US offers $300m economic package
KARACHI, April 9: US Consul General Rohn Douglas said on Friday that the United States had offered a $300 million economic assistance package to Pakistan over a period of three years. ...
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LCCI seeks cut in power tariff
LAHORE, April 9: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to bring down the power tariff in the greater interest of the nation and industry in particular. ...
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UAE group to invest in gas infrastructure: MoU signing today
ISLAMABAD, April 9: Investors from the UAE are exploring possibilities of investing in gas infrastructure for effective networking of gas transmission through pipeline from western borders of Pakistan within the country and beyond. ...
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Smeda to set up facility centres
LAHORE, April 9: Starting from the next financial year, the Small and Medium Enterprises Development Authority (Smeda) plans to set up 50 common facility centres (CFCs) for the small and medium sector in the next three years with a financial assistance of $12 million from the Asian Development Bank. ...
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Margin Financing Rules by June 1
ISLAMABAD, April 9: The Securities and Exchange Commission of Pakistan will enforce the Margin Financing Rules for trading in the stock market by June 1, SECP chairman Dr Tariq Hassan told Dawn here on Thursday. ...
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Eighth SADF meeting begins
KARACHI, April 9: The Secretariat of South Asian Development Fund (SADF) is shifting to Pakistan for two years on conclusion of two-day eighth meeting which began here on Friday. ...
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Chinese oil demand
PARIS, April 9: The booming Chinese economy will cause stronger than expected growth in world oil demand this year, but Opec's announced production cut is so far only "symbolic", the International Energy Agency said on Friday. ...
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Malaysian palm oil lower
KUALA LUMPUR, April 9: Malaysian crude palm oil futures closed lower on Friday, weighed down by a retreat in the prices of rival soyoil in Chicago overnight. ...
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Price war continues on cotton market
KARACHI, April 9: Dull conditions were again witnessed on the cotton market on Friday as both ginners and spinners remained locked in a price war but it appears to be a no-win situation for the both. ...
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Stocks finish weekend session with extended gains
KARACHI, April 9: Stocks finished the weekend session on a firm note as bears failed to intensify the mid-session selling pressure owing to the presence of strong institutional support at each dip. ...
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