US, EU urge Pakistan to improve security: Foreign investment
ISLAMABAD, Dec 28: The United States and the European Union have urged Pakistan to improve the security situation with a view to attracting adequate foreign investment in the country.
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AMPAM backs changes in deletion levels
KARACHI, Dec 28: As the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) does not favour government's plan to make changes in the deletion levels and revamping of Engineering Development Board (EDB)
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Govt mulling 2m tons more wheat import
ISLAMABAD, Dec 28: The government is considering import of another two million tons of wheat fearing its shortage and price hike in March and April, official sources told Dawn here on Tuesday.
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IMO to help upgrade Marine Academy
KARACHI, Dec 28: The International Maritime Organization (IMO) will assist Pakistan in upgrading the Pakistan Marine Academy to the level of university, officials said on Tuesday.
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PMDC to increase salt exports
ISLAMABAD, Dec 28: Pakistan Mineral Development Corporation (PMDC) is planning to increase export of salt to the US and European markets.
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Life saving drugs may become costlier
ISLAMABAD, Dec 28: Prices of 5-10 per cent life saving drugs are likely to register a surge following the issuance of patent rights on agro-chemical and pharmaceutical products or process to be effective from January 2005.
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Promotion of trade among OIC members
ISLAMABAD, Dec 28: Institutional framework required involving private sector of all OIC members in an effective manner for the promotion of intra OIC trade and investment.
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Buyback of minority shares
KARACHI, Dec 28: The Voluntary Delisting Committee of the Karachi Stock Exchange here on Tuesday approved the buyback arrangement of minority shares by sponsors of Valika Art Fabrics and Sh. Fazal Rehman & Sons.
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Tender for fuel oil
SINGAPORE, Dec 28: Pakistan State Oil (PSO) has issued an import tender for 330,000 tons of high-sulphur fuel oil for delivery between mid-January and March, industry sources said on Tuesday.
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Non-member directors on KSE board
KARACHI, Dec 28: The Securities and Exchange Commission of Pakistan has nominated four professionals on the Board of Directors of the Karachi Stock Exchange for the year 2005.
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Prices remain stable on cotton market
KARACHI, Dec 28: The cotton market on Tuesday remained stable around the overnight levels as the price idea of buyers and sellers seems to have at last found a meeting ground.
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Stocks gain another 31 points amid positive outlook
KARACHI, Dec 28: Massive activity in PTCL and Fauji Fertilizer Bin Qasim on heavy buying featured the Tuesday's stock market where other leading shares also rose amid a briskly traded session. The KSE index rose by 31.67 points at 6,077.83.
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