| 18 January 2005 | Tuesday | 07 Zilhaj 1425 |
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SNGPL, SSGCL sell-off opposed
ISLAMABAD, Jan 17: The Oil and Gas Regulatory Authority (Ogra) has opposed the unbundling and privatization of the two gas utilities - SNGPL and SSGCL - and has asked the government to consider the repercussions in greater length, it is learnt. ... 
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Prolonged gas disruption to hit economy
KARACHI, Jan 17: There is no consensus, but most people at the country's capital market worry that a prolonged disruption of gas from Sui would eventually have a negative impact on several sectors of the economy. ...
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$1.946bn remitted in July-December
KARACHI, Jan 17: Overseas Pakistanis sent back home $1.946 billion in the first half of this fiscal year, up from $1.874 billion they had sent in a year-ago period, according to data released by State Bank of Pakistan. ...
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ECC to discuss duty structure: Ship breaking
ISLAMABAD, Jan 17: The Economic Coordination Committee (ECC) of the cabinet will meet here on Tuesday to consider various proposals for rationalizing duty structure on the ship breaking industry. ...
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Subscription of Kapco to begin from Feb 7
ISLAMABAD, Jan 17: Federal Minister for Privatization and Investment Dr Abdul Hafeez Shaikh said on Monday the subscription for Kot Adu Power Company (Kapco) Initial Public Offering would commence from February 07, 2005. ...
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Textile items in local market still expensive: Dwindling export
KARACHI, Jan 17: The local market does not report any fall in prices of the readymade garments, bed wear, towels and a few other textile items in wake of the dwindling exports of textile products ...
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SECP out to check unethical practices: Corporate governance
ISLAMABAD, Jan 17: The Securities and Exchange Commission of Pakistan (SECP) has decided to effectively check unethical business practices, mismanagement and corporate frauds with a view to promoting good corporate governance in the country. ...
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Expo 2005 may attract over 600 foreigners
KARACHI, Jan 17: Over 600 foreign visitors, including dignitaries and business leaders from 83 countries, are expected to participate in the first ever mega event - Expo Pakistan 2005 - being held on February 2-5. ...
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Brazilian firm keen to set up power plant
ISLAMABAD, Jan 17: A Brazilian company, Brazilian Energy Power Cooperation, has offered $500 million investment in establishment of 500MW power generation plant and development of infrastructure in Pakistan. ...
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Yen hits new 5-year highs against dollar
LONDON, Jan 17: The yen hit fresh five-year high points against the dollar on Monday on speculation Europe was pushing for stronger Asian currencies to help offset the impact of a weak dollar on eurozone economies, dealers said. ...
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Listless trading on cotton market
KARACHI, Jan 17: Cotton market on Monday reopened on a dull note as both ginners and spinners kept to the sidelines awaiting the release of arrival figures of phutti for the fortnight ended Jan 15, 2005. ...
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Stocks recover 73 points despite turmoil in Sui
KARACHI, Jan 17: Stocks on Monday finished with an extended gain as investors continued to build-up long positions on selected counters, notably PTCL and bank shares ...
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