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| July 18, 2006 | Tuesday | Jumadi-ul-Sani 21, 1427 |
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Business offers mixed reaction: Trade Policy 2006-07
KARACHI, July 17: The business community on Monday offered a mixed reaction to the Trade Policy 2006-07. Some saw the export target of $18.6 billion positively within reach owing to the incentives announced for non-traditional sectors.... 
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Export figures unimpressive
KARACHI, July 17: An impressive export performance of 17 per cent growth in the fiscal year 2004-05 gave enough confidence to Commerce Minister Humayun Akhtar Khan to announce in the Trade...
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Trade data to include defence exports
ISLAMABAD, July 17: The federal cabinet has decided that trade figures in future will include data on merchandise, defence and services exports and imports to be effective from the year 2006-07....
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Import of used machinery allowed
ISLAMABAD, July 17: The government on Monday allowed import of used industrial machinery and its parts, used and new aeroplanes by the private sector and to restrict manufacturing of automobiles to units registered with the ministry of industry....
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Industry rejects textile package
KARACHI, July 17: The apparel industry has rejected the textile package approved by the Economic Coordination Committee (ECC) of the cabinet. It feels that incentives announced in the form of research...
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Stocks fail to sustain 10,000 level on SECP probe
KARACHI, July 17: After initial rise, stocks on Monday turned lower as a section of investors unloaded in part their long positions in a bit haste fearing fresh erosion in prices...
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List of used items for import notified
ISLAMABAD, July 17: The commerce ministry has notified the list of machinery and equipments allowed for import in second-hand and used condition....
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Scope of freight subsidy extended: R&D aid for footwear
ISLAMABAD, July 17: The government has allowed 6pc R&D subsidy for the footwear sector and extended further the freight subsidy to increase exports of selected products to new markets....
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SBP to sell TBs worth Rs30bn
KARACHI, July 17: The State Bank on Monday announced that it would sell three-, six- and 12-month treasury bills worth Rs30bn on Wednesday....
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Dividend announced
KARACHI, July 17: The UTP-Income Fund (UTP-IF), managed by JS ABAMCO Limited (formerly ABAMCO Limited) has announced stock dividend of 12.10pc on the face value of Rs500 per unit, i.e....
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Listless trading on cotton market
KARACHI, July 17: Trading activity on the cotton market on Monday failed to pick up as spinners and mills remained conspicuous by their absence apparently eyeing the fresh TCP tender....
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Karachi Port operations
KARACHI, July 17: Eight ships carrying sugar, palm oil and chemicals are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
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Port Qasim
KARACHI, July 17: Normal shipping activity was witnessed at Port Qasim where four ships scheduled to load/unload containers, diesel and chemicals were accommodated berths at QICT, Fotco terminal and Engro Vopak terminal, respectively, during the last 24 hours....
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SAFA moot stresses alleviation of poverty
KARACHI July 17: A two-day South Asian Federation of Accountants (SAFA) conference was held in Dhaka in which 600 delegates from Bangladesh, India, Pakistan, Sri Lanka and Nepal participated....
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Palm oil up
KUALA LUMPUR, July 17: Malaysian crude palm oil futures closed sharply higher on Monday, boosted by strong exports and higher prices of crude oil, traders said....
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Karachi market rates
KARACHI, July 17: The following were Monday’s commodity market rates in rupees....
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