| 07 August 2004 | Saturday | 20 Jamadi-us-Saani 1425 |
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Housing activity yet to pick up
KARACHI, Aug 6: The consumption of cement by the housing industry is yet to pick up as a major portion of local sales is still going towards the government's infrastructure projects like construction of roads, highways, bridges etc. ... 
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Govt simplifies tax system
ISLAMABAD, Aug 6: The government in its efforts to broaden the tax-base regime has taken steps to simplify the existing tax system. A CBR official said the steps includes to simplify the procedures for registration ...
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Joint stock companies to develop industrial estates
KARACHI, Aug 6: Federal Commerce Secretary Tasneem Noorani said on Friday that the government would set up joint stock companies to execute and implement the development work of existing industrial estates. ...
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SBP gives fund managers $2.8bn for placement
KARACHI, Aug 6: State Bank Governor Dr Ishrat Husain on Friday told the Senate standing committee on finance that the central bank has transferred $2.8 billion to external fund managers for investment abroad. ...
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Maleeha seeks foreign investment
LONDON, Aug 6: Foreign investors, seizing the initiative of making Pakistan as the hub of their business can derive great dividends by utilizing its strategic location and attractive investment opportunities ...
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Pak Oman board okays results
KARACHI, Aug 6: The 15th meeting of the Board of Pak Oman Investment Company was held on Aug 4, which approved financial statements for the half year ended June 30, 2004. ...
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SBP fails to tighten money market
KARACHI, Aug 6: The State Bank on Friday failed to drain out further liquidity from the inter-bank market through an open market operation (OMO). The central bank had conducted the OMO to sell treasury bills under one-week ...
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FFC convenes meeting on 31st
KARACHI, Aug 6: An Extraordinary General Meeting (ExGM) of Fauji Fertilizer Company (FFC) is scheduled to be held on August 31 to transact ordinary and special business. ...
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Proposals sought to improve trade with India
KARACHI, Aug 6: Federal Commerce Secretary Tasneem Noorani has invited proposals from business community for improving trade ties with India especially in the wake of upcoming meeting between the trade ministries ...
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Import value under ATT increases by 48.7pc
ISLAMABAD, Aug 6: The import value of Afghan Transit Trade (ATT) rose by 161 per cent in June 2004 and registered an overall increase of 48.7 per cent in the fiscal year 2003-04 against the 2002-03 financial year. ...
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Trading remains slow on cotton market
KARACHI, Aug 6: Trading activity on the cotton market on Friday lost its pace as spinners were not inclined to make fresh commitments at the rising prices. ...
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Stocks finish weekend session with 40-point recovery
KARACHI, Aug 6: Stocks on Friday recovered from the previous lower levels as investors covered positions at the lower levels amid an actively traded session. ...
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