PM for activating shipping policy
ISLAMABAD, Nov 20: Prime Minister Shaukat Aziz on Saturday said that efficient functioning of ports was critical to the development of a country.
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Remittances rise to $1.3 billion
KARACHI, Nov 20: Net workers' remittances or foreign exchange sent back home by overseas Pakistanis totalled $1.316 billion in July-October 2004
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Progress on Sapta, Safta reviewed
ISLAMABAD, Nov 20: The 12th meeting of the Saarc's Committee on Economic Cooperation started here on Saturday to review the progress on South Asia Preferential Trading Arrangement (Sapta)
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Does Pakistan need another IMF facility?
KARACHI, Nov 20: Pakistan has not availed of the last two tranches of $250 million each for which it was eligible under the IMF Poverty Reduction and Growth Facility (PRGF) due to expire early next month.
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Cement sector posts Rs1.7bn profits
KARACHI, Nov 20: Stock market listed cement companies posted aggregate earnings of Rs1.7 billion for the first quarter (July-Sept) of the current year (1QFY05)
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Pulse, flour prices move up after Ramazan
KARACHI, Nov 20: Wholesale prices of essential commodities, specially, pulses flour varieties and some vegetables have started climbing up after Ramazan.
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EoIs for PTCL invited
KARACHI Nov 20: The Privatization Commission on Saturday invited proposals from potential investors for the sale of a 26pc government stake in Pakistan Telecommunication (PTCL).
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Carryover rates rise sharply
KARACHI, Nov 20: After ruling within a single digit for the last couple of weeks, carryover rates on the Karachi Stock Exchange rose by 310 basis points to 11.7 per cent from 8.6 per cent a week earlier.
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Textile exporters send SOS to PM
FAISALABAD, Nov 20: Textile quota exports worth over Rs100 million are being lost owing to refusal of the Export Promotion Bureau to issue visas to exporters, and if no immediate remedial measures are taken
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Prices ease on cotton market
KARACHI, Nov 20: Cotton prices on Saturday eased modestly from the overnight higher levels as some of the ginners lowered their asking prices owing to higher arrivals of phutti into the ginneries.
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