Asian Bank to submit feasibility next month: Turkmenistan gas pipeline
ISLAMABAD, Jan 19: The Asian Development Bank (ADB) has completed the techno-economic feasibility study of the $3 billion Turkmenistan-Afghanistan-Pakistan (TAP) gas pipeline, and would submit it to the tri-nation steering committee meeting
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SBP to raise interest rates further: Monetary policy released
KARACHI, Jan 19: The State Bank says that four things may continue to fuel inflation in the second half of this fiscal year adding that inflation may reach near 7 per cent at the year-end in June.
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Rs77.75bn T-bills sold
KARACHI, Jan 19: The State Bank on Wednesday sold Rs76.45 billion three-month treasury bills and Rs1.3 billion one-year bills at the cut-off yields of 4.33 per cent and 4.99 per cent respectively.
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Database on bank frauds under way
KARACHI, Jan 19: The State Bank, with an objective to developing a database on bank frauds, forgeries and dacoities, has instructed all banks and development finance institutions or DFIs to send to it an initial report
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Industrial power tariff cut under study
LAHORE, Jan 19: Federal industries and production minister Jehangir Khan Tareen says the government is seriously considering a proposal to reduce power tariffs for industries.
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Pakistan gets support on GSP plus
BRUSSELS, Jan 19: Luxembourg as current European Union president pledged on Wednesday to back Pakistan's demands for duty-free access to EU markets, following talks between the country's immigration minister Nicolas Schmit
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Shell Pakistan profit up by 61pc
KARACHI, Jan 19: On Wednesday, Shell Pakistan Limited announced financial results for six months ended December 31, 2004, which was the first by a major company this reporting season.
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China keen on introducing Pakistani rice
KARACHI, Jan 19: Consul General of People's Republic of China Sun Chunye has advised rice exporters to organize exhibitions and other promotional activities for the introduction of Pakistani rice in China.
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Imports value under ATTA up by 105pc
ISLAMABAD, Jan 19: The value of goods imported under the Afghan Transit Trade Agreement (ATTA) has registered a growth of 105.5 per cent during the first half of the current fiscal year over the corresponding period of last year.
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Corporate governance issues discussed
ISLAMABAD, Jan 19: A round table meeting of listed, public sector companies was held here at the head office of the Securities and Exchange Commission of Pakistan (SECP) on Wednesday.
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Holiday mood on cotton market
KARACHI, Jan 19: Physical activity on the cotton market on Wednesday was light as spinners and mills kept to the sidelines most of the time owing to delivery problems.
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Index gains 143 points on heavy buying in PTCL, OGDC KARACHI, Jan 19: The KSE 100-share index finished the pre-eid holiday session at its career-best level of 6,746 points on heavy selective buying followed by official statement that the situation in Sui area
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