| 22 September 2004 | Wednesday | 06 Shaban 1425 |
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Pakistan to regain access to new scheme: EU preferences
BRUSSELS, Sept 21: Pakistan will regain access to the European Union's new generalized system of preferences (GSP) as of 2006 after losing access to the scheme next year ... 
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Aptma seeks greater access to EU markets
LAHORE, Sept 21: Pakistan must strive to obtain better concessions and greater market access for its goods, especially textiles, to the European Union market. ...
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Rupee down further Banks borrow Rs19.6bn from SBP
KARACHI, Sept 21: A numbers of banks had to borrow Rs19.6 billion from the State Bank in two days as the central bank kept the inter-bank money market tight to contain the fall of the rupee. ...
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Equity Fund to finance city projects too
KARACHI, Sept 21: The Equity Participation Fund (EPF) has removed geographical restriction for financing small and medium enterprises. After amending its rules and regulations the EPF will now be in a position to finance projects all over country. ...
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Joint team to keep watch on cotton prices
KARACHI, Sept 21: A joint monitoring by the ministry of food, agriculture and livestock and the ministry of commerce will be carried out to keep a close watch on cotton prices which are being anticipated to come under pressure on expected bumper crop this season. ...
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NIT sales stand at Rs11,749m in 2003-04
Karachi, Sept 21: The National Investment Trust (NIT) declared figures for the financial year ended June 30, 2004. The dividend had already been announced on July 5, but the Board which met on Monday, unveiled all of the audited figures. ...
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IFC invests $5m in ABAMCO Composite Fund
KARACHI, Sept 21: International Finance Corporation (IFC) - private sector arm of the World Bank Group - on Monday exercised its option to invest $5 million (equivalent to Rs300 million) in ABAMCO Composite Fund ...
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Progressive Group sweeps BCCI polls
QUETTA, Sept 21: The Progressive Group of businessmen and traders has swept the annual elections of the Balochistan Chamber of Commerce and Industry (BCCI). ...
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Modaraba sector fares well
KARACHI, Sept 21: The modaraba sector has achieved some very important milestone of success consolidation and corporate evaluation during the previous year. ...
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OECD sees economic recovery to sustain
PARIS, Sept 21: The OECD offered an optimistic assessment on Tuesday of prospects for world's leading industrialized economies, raising its projections in Japan and the euro zone and concluding that momentum had been only marginally hampered by a spike in oil prices. ...
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Lint prices plunge on panic-selling
KARACHI, Sept 21: Cotton market on Tuesday crashed as ginners indulged in hasty selling as the perception of negative fallout of higher crop estimate continued to haunt them. ...
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Stocks receive massive battering
KARACHI, Sept 21: Stocks on Tuesday received massive battering on active inflow of fresh float from the carryover market but no matching buying support from any of the active participants leading to widespread decline in the share values. ...
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