SBP re frames rules for banks, DFIs: Setting up brokerage houses
KARACHI, Jan 28: The State Bank has issued a modified set of guidelines for banks and development finance institutions keen to set up brokerage houses.
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Aziz sees 7 per cent growth this year
DAVOS, Jan 28: The Prime Minister Shaukat Aziz said Friday that his country should achieve seven per cent growth this year, up from last year, and promised to pursue privatizations and structural reforms.
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TCP not furnishing data: Cotton procurement
MULTAN, Jan 28: Trading Corporation of Pakistan has allegedly been reluctant to furnish the detail about its ginnery-wise procurement of cotton this season.
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Non-payment of freight subsidy irks exporters
KARACHI, Jan 28: Exporters claim that they are not getting payment against their freight subsidy from the Export Promotion Bureau (EPB).
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'Delisted firms fail to meet criteria'
KARACHI, Jan 28: The majority of 24 companies delisted by the Karachi Stock Exchange (KSE) during the past couple of years did not comply with or meet the requirements and regulations of the KSE.
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15 commerce ministers to attend Expo 2005
KARACHI, Jan 28: At least 15 commerce ministers from different countries, including Iraq, Syria, Afghanistan, Jordan, Azerbaijan and Uganda, will visit the Expo Pakistan 2005 along with their delegations and hold talks for bilateral trade promotion.
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Exports of 10 products to Kabul up 245pc
ISLAMABAD, Jan 28: Pakistan's exports of 10 major products to Afghanistan registered an average increase of 245 per cent during the first-half (July-December) of the current fiscal, over the same period last year.
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Oil prices slump by over $1
LONDON, Jan 28: World oil prices tumbled more than a dollar on Friday on increasing expectations that Opec would maintain output at a weekend meeting, analysts said.
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China to import Pakistani rice
BEIJING, Jan 28: China will sign a formal protocol in April this year, paving the way for introducing Pakistani rice in the local market.
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Prices remain stable on cotton market
KARACHI, Jan 28: Cotton prices on Friday remained stable around the previous levels as ginners sold only those lots, which were in line with their parity levels and held on fine lot amid predictions of pressure on supplies.
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