| 30 September 2004 | Thursday | 14 Shaban 1425 |
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Cabinet okays bill to amend Companies Ordinance
ISLAMABAD, Sept 29: The Federal Cabinet on Wednesday approved a bill to amend the Companies Ordinance (1984) to facilitate investors and bring further efficiency in the operations of companies. ... 
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Gold price hits new peak of Rs8,010
KARACHI, Sept 29: The domestic gold price touched a new peak of Rs8,010 per 10 grams on Wednesday owing to continuous rally in its prices on international markets. On September 1, it was Rs7,796 per 10 grams. ...
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Foreign investment starts flowing, says Ibad
KARACHI, Sept 29: Sindh Governor Dr Ishratul Ibad Khan said on Wednesday that direct foreign investment had started to flow as many US, European and Middle Eastern investors were now showing interest ...
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Pakistan better place for investment
ISLAMABAD, Sept 29: The World Bank has termed Pakistan as better place for investment than the rest of South Asia in terms of selected investment climate indicators. ...
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Sindh govt infrastructure cess may go: Afghan Transit Trade
ISLAMABAD, Sept 29: The Federal Cabinet decided on Wednesday to resolve, at earliest, the issue of 0.5 per cent infrastructure cess levied by the Sindh government on goods imported under Afghan Transit Trade (ATT) ...
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SBP keeps 3-month rate below 3pc
KARACHI, Sept 29: The State Bank on Wednesday deferred planned sale of one-year treasury bills because banks demanded very high yields, the acceptance of which would have signalled to the market that interest rates would shoot up. ...
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China to set up four power units
KARACHI, Sept 29: Chinese Commercial Counselor, Zhao Qingmao has said that expertise in hydro-power stations is being explored by Chinese companies for setting up four power units in Karachi and other major cities of Pakistan. ...
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PTCL
KARACHI, Sept 29: Pakistan Telecommunication Company Limited (PTCL) declared profit after tax in the sum of Rs29.2 billion for the financial year ended June 30, 2004. ...
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Pakistan-US talks on investment from today
ISLAMABAD, Sept 29: The technical teams of Pakistan and the United States will formally meet on Thursday in Washington to start negotiations on bilateral investment treaty (BIT). ...
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Ghee makers call off strike
ISLAMABAD, Sept 29: Pakistan Vanaspati Manufacturers Association (PVMA) has called off its strike planned from October 4 after getting assurances from the tax authorities to meet their demands. ...
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Prices fall on heavy phutti arrivals
KARACHI, Sept 29: After remaining stable around Rs2,000 per maund, cotton prices on Wednesday eased as growers continued to flood ginneries with their newly picked up phutti. ...
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Heavy buying in PTCL pushes index up by 68 points
KARACHI, Sept 29: Massive buying in PTCL inspired by higher dividend featured the Wednesday's stock market where most of the leading shares raced towards their pre-reaction levels under the lead of Pakistan Petroleum. ...
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