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| October 30, 2007 | Tuesday | Shawwal 17, 1428 |
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Sub-sectors register exceptional growth: SBP annual report
KARACHI, Oct 29: Pakistan’s national growth profile shows a peculiar character, noted with concern by the State Bank of Pakistan, is increasing reliance on exceptional growth of key sub-sectors.... 
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SBP endorses wheat estimate of 23.5m tons
KARACHI, Oct 29: The State Bank of Pakistan in its report released on Monday has endorsed government’s estimate of harvesting 23.5 million tons of wheat this spring....
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Foreign investment seen as major tool of growth
KARACHI, Oct 29: “Foreign investment has been a major growth driver of the Pakistani capital markets during FY07,” states the annual report of the State Bank of Pakistan for FY07....
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CSF okays four projects for economic growth
ISLAMABAD, Oct 29: The board of the Competitiveness Support Fund (CSF) met here on Monday and approved four innovative projects for economic growth in the country....
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ADB lists lacunas in success of projects
ISLAMABAD, Oct 29: Pakistan increased its debt through foreign-funded development programmes in the last two decades in exchange for economic and social benefits that were less than expected — in some cases much less, according to the Asian Development Bank....
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KSE 100-share index loses 56 points
KARACHI, Oct 29: Leading base shares on Monday came in for active selling at the higher levels by both institutional traders and a section of foreign investors under the lead of...
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Prices of edible oil, milk go up
KARACHI, Oct 29: Consumers continue to suffer owing to fresh increase in the price of ghee, cooking oil, milk and washing powder. The price of 16 kg tin pack ghee...
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PSO declares cash dividend of Rs5 per share
ISLAMABAD, Oct 29: Pakistan State Oil (PSO) on Monday declared a cash dividend of Rs5 per share for the first quarter (July-September) as its after-tax profit surged to Rs2.1...
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SBP turns into income generating institution
KARACHI, Oct 29: The State Bank has turned into a high profile income generating institution for the government as total income of the SBP crossed Rs108 billion during the last year....
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Prices up by Rs50 on cotton market
KARACHI, Oct 29: Trading on the cotton market on Monday resumed on a bullish note as prices were quoted further higher by Rs50 per maund amid conflicting reports about the size...
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International seminar on Sindh coal
KARACHI, Oct 29: Sindh Chief Minister Dr Arbab Rahim is inaugurating on Tuesday a two-day international symposium on “Sindh coal (lignite) mining: challenges and success’’....
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Ministry suggests cut in tax rates to promote growth
ISLAMABAD, Oct 29: The ministry of commerce has proposed the lowering of tax rates with a view to broadening the existing narrow tax base as well as reducing incentives for corruption....
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Karachi Port operations
KARACHI, Oct 29: Five ships carrying containers, coal and to load cement are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
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JS Investments offers 28.3 per cent return
Karachi, Oct 29: JS Investments has provided average annualised return of 28.36 per cent to investors in Unit Trust of Pakistan since its inception ten years ago, says a press release....
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Company news
LAHORE, Oct 29: German airline, Lufthansa, has started operations between Lahore and Frankfurt and its inaugural flight arrived here early Monday....
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Conversion rates
KARACHI: The following are October 30 State Bank conversion rates for foreign currency deposits, dollar bearer certificates, foreign currency bearer certificates, and special US dollar bonds....
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