| 23 April 2004 | Friday | 02 Rabi-ul-Awwal 1425 |
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Swiss money flies out of stock market
KARACHI, April 22: The trend has changed. Unlike in the past financial year the Swiss investors are no longer making a huge portfolio investment into Pakistan. ... 
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Pakistan economy performing well: World Bank
WASHINGTON, April 22: The World Bank on Wednesday praised as "outstanding" the economic performance achieved by Pakistan, and was appreciative of exceeding the targets of growth ...
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Garment city being set up, says Jatoi
KARACHI, April 22: Minister for Industries and Production Liaqat Ali Jatoi on Thursday said that a garment city would be set up alongside textile city for which ground-breaking ceremony would be held next month. ...
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Majority of taxpayers understate incomes
ISLAMABAD, April 22: Only 22,531 taxpayers out of a total 536,088 non-salary taxpayers have shown an annual income of more than Rs350,000, which indicates that most of the taxpayers have understated their income in tax returns filed this year. ...
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Singapore seeks berth facilities at ports
ISLAMABAD, April 22: Singaporean Minister for Health and Transport Dr Balaji Sadasivas has asked Islamabad to provide to his country's ships appropriate sizes of berths in Pakistani ports to increase the volume of trade between the two countries. ...
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Hub Power Company
KARACHI, April 22: On Thursday, Hub Power Company Limited (Hubco) announced results for the third quarter ended March 31, 2004 (Q32004) posting after tax profit of Rs1.529 billion. ...
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Bidding for Kohinoor Oil Mills on May 4
ISLAMABAD, April 22: The open bidding for the sale of 60.5 per cent shares of Kohinoor Oil Mills (KOML) on 'as is where is basis' would be held on May 4. Privatization Commission in a handout issued here on Thursday said ...
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Task force to devise rules for 'Takaful'
ISLAMABAD, April 22: The Securities and Exchange Commission of Pakistan announced here on Thursday the establishment of a 4-member task force for formulating the rules and regulations for the conduct of Takaful (Islamic mode of insurance) business in Pakistan. ...
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Three major conferences to attract investment
ISLAMABAD, April 22: The Board of Investment (BoI) is holding three major conferences in Hong Kong, London and Balochistan to attract foreign investment in the country. ...
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Pakistan, China to cooperate in banking sector
BEIJING, April 22: Pakistan and China will enhance cooperation in the banking sector, mainly to facilitate their business community in enhancing bilateral trade and investment activities. ...
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Buying gets slow on cotton market
KARACHI, April 22: Modest trading activity was witnessed on the cotton market on Thursday as some of the leading spinners remained active buyers at the prevailing rates. ...
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Index recovers 143 points on heavy buying in OGDCL
KARACHI, April 22: A massive activity of 115m shares in OGDCL on Thursday put the market back on the rails after an initial bid by bears to extend overnight sell-off failed as bulls made active short-covering at the decline. ...
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