| 27 August 2004 | Friday | 10 Rajab 1425 |
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Foreign debt inches up despite prepayment
KARACHI, Aug 26: Despite the fact that Pakistan prepaid $1.17 billion expensive Asian Development Bank debts in the last fiscal year, its total external debt did not decline: the stock of external debt rather rose slightly to $33.367 billion at end-June 2004 from $33.352 billion at end-June 2003. ... 
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Managing interest rate rise a real challenge: ADB - Pakistan update
ISLAMABAD, Aug 26: The real challenge before the State Bank is to manage the rise in interest rates in such a way that it does not thwart the ongoing economic recovery, says the Asian Development Bank (ADB). ...
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Indian trade team for liberal visa policy
KARACHI, Aug 26: The chairman, Synthetic and Rayon Textiles Export Promotion Council (India) Rakesh Mehra on Thursday said the both countries should show more openness and relax visa policy. ...
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'WTO carries tremendous opportunities'
KARACHI, Aug 26: National Bank of Pakistan President Syed Ali Raza on Thursday said the World Trade Organization regime carried tremendous opportunities for country's businesses and economy provided "we ensure enhanced focus on three fundamental factors of quality, delivery and scale". ...
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Govt serious in solving investors' problems
KARACHI, Aug 26: The Senate chairman, Mohammadian Soomro said on Thursday that the government was serious in solving investors problems. ...
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PIA earns Rs1.4bn profit in Jan-June
KARACHI, Aug 26: PIA earned an after-tax profit of Rs1.4 billion during January-June 2004 against the budgeted target of Rs1.5 billion. ...
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Pakistan Petroleum Limited
KARACHI, Aug 26: Thursday was another day to rejoice for more than 200,000 small share holders who had been lucky to win 500 shares each in the recently divested 15 per cent equity in Pakistan Petroleum Limited (PPL). ...
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Oil prices shed more than $1
LONDON, Aug 26: World oil prices fell strongly on Thursday for the second day running as worries over supply disruptions eased with traders claiming overnight pipeline attacks in major producer Iraq were unlikely to affect the country's crude exports. ...
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Prices up on slow phutti arrivals
KARACHI, Aug 26: Cotton market on Thursday recovered from the previous lower levels as ginners raised their asking prices owing to a considerable fall in arrivals of phutti into the ginneries. ...
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Stocks recover 25 points on dividend-related buying
KARACHI, Aug 26: Stocks on Thursday recovered from the recent lows on active short-covering on selected counters aided by reports of higher dividend by some of the leading companies. ...
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