| 28 May 2004 | Friday | 08 Rabi-us-Saani 1425 |
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Guidelines finalized to rationalize tariffs
ISLAMABAD, May 27: The government has finalized a set of principles that would guide its tariff rationalization in the budget 2004-05 and onwards keeping in mind the WTO requirements, Dawn has learnt. ... 
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Trade gap may widen by 76pc in 2004-05
ISLAMABAD, May 27: Pakistan's trade deficit for the next fiscal year 2004-05 is projected to increase by almost 76 per cent to $1.332 billion from the current year's provisional estimate of $755 million ...
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SBP warns money changers: Mini exchange companies
KARACHI, May 27: The State Bank has warned the money changers that if less than 80 per cent of them do not opt for establishing B category exchange it would cancel the very scheme that gives them this option. ...
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Balochistan seeks funds for uplift schemes
QUETTA, May 27: Balochistan Chief Minister Jam Mir Mohammad Yousuf on Thursday said that the province was facing difficulties in preparing the next fiscal year's development programme because of financial crisis. ...
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Pakistan, Turkey to mull duty concession: 255 items
ISLAMABAD, May 27: Pakistan and Turkey on Thursday agreed to consider duty concessions on around 255 tradable items to each other under the Preferential Trade Agreement (PTA). ...
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Resource Group acquires iSKY
KARACHI, May 27: The Resource Group (TRG) announced on Thursday the acquisition of iSKY Inc (iSKY), a leading provider of customer care and marketing services to global 1,000 companies in North America and Europe. ...
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Developed world asked to do more: Poverty reduction
SHANGHAI, May 27: The Global Conference on Poverty Reduction ended in Shanghai on Thursday amidst calls for the developed world to help poor countries in achieving their goals of reducing poverty. ...
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India may raise POL prices after Opec moot
NEW DELHI, May 27: India said on Thursday that it would consider any increase in the domestic prices of petroleum products only after a June 3 meeting of Opec ministers in Beirut. ...
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Oil prices fall
LONDON, May 27: World oil prices slid further from recent high points on Thursday, falling below $40 a barrel in New York ahead of a likely production boost by Opec producers next week. ...
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Import duty on machinery may be cut
ISLAMABAD, May 27: The tax authorities are considering a proposal to scale down customs duty to five per cent across the board on all machinery and do away with all stringent conditions required for getting duty exemption on import of machinery in the budget for 2004-05. ...
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Cotton market maintains bullish outlook
KARACHI, May 27: The cotton market on Thursday maintained bullish outlook as spinners were virtually out to grab the floating stock irrespective of higher asking prices by the ginners. ...
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Stocks fail to extend overnight run-up
KARACHI, May 27: Stocks on Thursday failed to extend the overnight run-up and turned mixed as the leading market trend-setters ran into profit-selling at the inflated levels. The KSE 100-share index shed 6.08 points at 5,476.83. ...
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