| 30 December 2004 | Thursday | 17 Ziqa'ad 1425 |
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Industries become more efficient
KARACHI, Dec 29: Capacity utilization of various industries increased by about 3.2 to 25.8 percentage points in the first quarter of this fiscal year i.e. between July-September 2004 ... 
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72pc US-based companies to invest more
KARACHI, Dec 29: Around 72 per cent of the US-based multinational companies in Pakistan are planning to expand their investment, Nadeem Karamat, President of the American Business Council (ABC) informed a press conference on Wednesday. ...
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Malaysian firm loses claim for compensation: Power project
ISLAMABAD, Dec 29: Pakistan has won an international arbitration against a Malaysian firm M/s Sabah Shipyard which had claimed $510 million compensation from the government for non-implementation of a power project in Karachi. ...
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PM reviews steps to boost export
ISLAMABAD, Dec 29: Prime Minister Shaukat Aziz on Wednesday reviewed the measures for boosting exports with better coordination among the concerned ministries. ...
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UNDP sets up development fund to cut poverty: Private sector
KARACHI, Dec 29: The United Nations Development Programme (UNDP) Commission on private sector development is mainly focusing to promote women and young entrepreneurship ...
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Pakistan asks EU to soften GSP plus terms
ISLAMABAD, Dec 29: Pakistan has sought formal relaxation from the European Union (EU) in its two conditionalities necessary for getting access to the zero rate duty scheme of Generalized System of Preferences (GSP) to be effective from January 2006. ...
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SECP issues draft rules for clearing companies
ISLAMABAD, Dec 29: The Securities and Exchange Commission of Pakistan (SECP) has issued the draft clearing companies (registration and regulation) rules, 2004, in consultation with the National Clearing Company of Pakistan Limited. ...
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OGDCL, Mari Gas awarded exploration licences
ISLAMABAD, Dec 29: The federal government on Wednesday granted four licences to Oil and Gas Development Company Limited (OGDCL) and Mari Gas Company Limited for petroleum exploration in four blocks of Punjab and Balochistan. ...
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Load shedding resented
KARACHI, Dec 29: The chairman SITE Association of Industry, M. Nisar Sheikhani has taken a serious note of KESC resorting to load-shedding in industrial areas, besides other areas, from December 26 without any prior announcement. ...
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Euro eases after hitting new high
LONDON, Dec 29: The euro rose to another record of $1.3648 in early trading on Wednesday and then eased on profit taking and technical factors in a thin market to settle in late trading at $1.3569. ...
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Cotton market rules firm
KARACHI, Dec 29: Firm trading conditions were witnessed on the cotton market on Wednesday as spinners continued to build-up long positions at the current levels fearing further increase in prices. ...
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Index crosses 6,100-point barrier on active buying
KARACHI, Dec 29: The KSE 100-share index on Wednesday maintained its upward drive and finally breached through the psychological barrier of 6,100 and finished well above it aided by fresh heavy buying in most of the pivotals. ...
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