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| January 18, 2007 | Thursday | Zilhaj 27, 1427 |
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Investors prefer to keep funds fluid
KARACHI, Jan 17: The healthy increase of 25 per cent in inflow of remittances during the half year ended July-December 2006, reported by the State Bank of Pakistan, on Tuesday, compared... 
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12 parties show interest in PSO sell-off
ISLAMABAD, Jan 17: The Privatisation Commission (PC) on Wednesday received keen interest from several reputable parties in response to its recent re-advertisement for the proposed sale of 51 per cent shares...
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A few barons control all wealth, authority : Income disparity peaks
KARACHI, Jan 17: Robber barons are back in seat of authority with their unlimited money power to effectively counter any government move to bring them in tax net, document their transactions,...
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Port Qasim to double berthing capacity
KARACHI, Jan 17: Port Qasim has embarked upon massive development and expansion programmes under which it will double its berthing capacity from nine berths to 18 and enhance its cargo handling...
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Infrastructure cess rate revised upward
KARACHI, Jan 17: The Sindh government has revised upward rate of infrastructure cess, adding a slab of weight and distance covered by an import consignment to reach its destination in the province....
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Cut in petrol prices may not boost its sales
KARACHI, Jan 17: The Rs four per litre cut in petrol price is unlikely to boost petrol sale. Analysts and petrol dealers anticipate that the sale of petrol may remain in...
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Stocks extend overnight gains with 26.5 points
KARACHI, Jan 17: Despite mid-session profit-selling in some of the leading base shares, stocks on Wednesday extended the overnight gains on active institutional support amid market talk of encouraging corporate announcements during the next couple of sessions....
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Arrival of phutti slightly higher
KARACHI, Jan 17: Slightly improved flow of phutti from fields into Punjab ginneries during the last fortnight (Jan 1 to 15) has helped narrow the gap of cotton production to 11.555m...
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Trade team
ISLAMABAD, Jan 17: A business delegation from Pakistan will visit Iran in March to explore trade opportunities in health sector between the two countries....
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Oil, gas moot
KARACHI, Jan 17: The third Pakistan Oil and Gas Conference is being held from Feb 18 to 20 in Islamabad with the theme: Pakistan -- a link to meet South Asian energy needs....
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Trading gets slow on cotton market
KARACHI, Jan 17: The trading activity on the market on Wednesday was relatively slow as ginners further raised their asking prices and spinners appears to be in no obliging mood....
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Rs3.2bn farm research plan approved
ISLAMABAD, Jan 17: A mega research and development project, aimed at prioritising research programmes in line with the shifting paradigms from conventional to high value crops, is in the offing....
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Steel mills facing shortage of raw material
KARACHI, Jan 17: The Pakistan Steel and Re-rolling Mills Association (PSRMA) has said that the country is facing severe shortage of quality raw material and steel products and soon price of...
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PC receives 10 EoIs for HEC
ISLAMABAD, Jan 17: The Privatization Commission has received ten expressions of interest (EoIs) and statements of qualification (SoQ) from interested parties to participate in the privatization process of the Heavy Electrical Complex (HEC)....
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Statutes of OIC states’ business body
KARACHI, Jan 17: The executive committee of the Islamic Chamber of Commerce and Industry (ICCI) has approved the statutes of the Business Owners Council of OIC member countries which is targeted to have 10,000 members....
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Karachi Port operations
KARACHI, Jan 17: Seven ships including a car carrier with 2,500 units are expected to arrive at the outer anchorage on Thursday, according to KPT sources....
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Asian stocks close mixed
HONG KONG, Jan 17: Asian stocks closed mixed again on Wednesday, with investors waiting for the Bank of Japan to make a key decision on interest rates while Wall Street provided no convincing lead, dealers said....
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Gold dips in London
LONDON, Jan 17: Physical buyers of gold dipped their toes into the market on Wednesday, cushioning the impact of some light profit-taking that pushed prices a touch lower....
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