| 12 May 2004 | Wednesday | 21 Rabi-ul-Awwal 1425 |
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EOBI registers 358.13pc growth: Equity income
KARACHI, May 11: The Employees Old-Age Benefits Institution (EOBI) has made an incredible growth of over 358.13 per cent on equity income realizing Rs962.674 million during three quarters ... 
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Punjab requires Rs44bn additional federal transfers
LAHORE, May 11: Among all the four federating units, Punjab is least fiscally endowed province with a per capita own resource of Rs335 followed by the NWFP with Rs544, Sindh with Rs935, and Balochistan with Rs1,699 ...
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Domestic debt grows by 3.6pc in 9 months
KARACHI, May 11: The government has managed to contain growth of domestic debt at less than four per cent in first nine months of this fiscal year. ...
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Rupee falls further against $
KARACHI, May 11: The rupee lost six paisa more to a dollar in the inter-bank market on renewed buying of greenbacks by some banks. It closed at 57.68 a dollar on Tuesday down six paisa from 57.62 a dollar on Monday. ...
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35 investors seek to set up plants: Chinese bikes
KARACHI, May 11: Many business houses and investors are now making a bee line to get approval from the Engineering Development Board (EDB) for setting up of Chinese bike assembly plant. ...
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Jatoi for removal of duty on soap industry
ISLAMABAD, May 11: The Federal Minister for Industries and Production, Mr Liaquat Ali Jatoi has criticised the imposition of excise duty on soap and detergents industry and high rate of sales tax, which have rendered these products unaffordable ...
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Rice export
KARACHI, May 11: Rice exporters on Tuesday said the exports would cross the target of $600 million for the current fiscal year as average price of the commodity was higher. ...
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NBP, UBL to give Rs1bn to Paktel
KARACHI, May 11: National Bank and United Bank have arranged a Rs1 billion financing facility for Paktel Ltd. The three sides signed documents of this financing facility at a ceremony held at NBP head office here on Tuesday. ...
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234 firms registered in April
ISLAMABAD, May 11: A total of 234 new companies with aggregate authorized capital of Rs2.882 billion were registered under the Companies Ordinance, 1984 in April 2004, Securities and Exchange Commission of Pakistan said here on Tuesday. ...
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Environmental issues ignored in free market
LAHORE, May 11: Worldwide Fund for Nature, Pakistan, Director General, Ali Hassan Habib on Tuesday said that the free market ignored environmental issues. ...
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Dullness prevails on cotton market
KARACHI, May 11: Cotton market on Tuesday lacked normal trading interest as ginners were not inclined to lower their asking prices anticipating further increase in the coming weeks. ...
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KSE Index extends fall as investors play safe
KARACHI, May 11: Trading activity on the stock market on Tuesday further shrank as investors were not inclined to make bigger commitments because of negative political signals from Islamabad. ...
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