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| August 15, 2008 | Friday | Sha'aban 12, 1429 |
High prices hit sale of flags, badges and banners
KARACHI, Aug 14: Businessmen involved in the trade of Independence Day-related merchandise estimated a 40-50 per cent decline in their sales this year....
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Ogra-CNG operators tug of war going on
RAWALPINDI, Aug 14: As CNG consumers are multiplying rapidly following an unprecedented rise in fuel prices, a tug of war between the All-Pakistan CNG Association and the Oil and Gas regulatory Authority (Ogra) is going on fixation of new CNG prices....
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Oil, gas output declines
KARACHI, Aug 14: Average oil production had decreased during last week as stated by the Pakistan Petroleum Information Services (PPIS) in its release issued here on Wednesday....
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Oil extends rally
LONDON, Aug 14: World oil prices extended gains on Thursday after data showing an unexpectedly sharp decline in US motor fuel reserves during the peak demand season, analysts said....
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Border militancy hurts exports to Afghanistan
ISLAMABAD, Aug 14: Pakistan is gradually losing Afghan market for exports of its products because of rising militancy across the border....
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Palm oil prices shoot up by 4pc
KUALA LUMPUR, Aug 14: Malaysian crude palm oil futures soared as much as 4.2 per cent on Thursday, recovering from 10-month lows as gains in crude oil seeped into vegetable oils markets, dealers said....
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‘SBP making efforts for economic development’
KARACHI, Aug 14: The State Bank of Pakistan has been making relentless efforts for economic development of the country....
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Airlines pact
LONDON, Aug 14: American Airlines, British Airways and Iberia of Spain said on Thursday they had signed an agreement to cooperate over flights between N. America and Europe to help them overcome soaring fuel costs....
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New tax levied on registration of cars
KARACHI, Aug 14: The Federal Board of Revenue has imposed tax on registration of new cars of different engine powers ranging from Rs750 to Rs50,000, sources at the Motor Vehicle Department revealed....
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Hike in coal prices affect cement industry
KARACHI, Aug 14: Coal prices in the world market went up by 85 per cent compared to last year. The situation was aggravated by depreciation of the rupee for the cement industry in Pakistan....
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US inflation
WASHINGTON, Aug 14: Rising prices stretched Americans’ wallets further in July, according to a government survey on Thursday which showed that consumer price inflation surged by a more-than-expected 0.8 per cent....
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Cotton target may be missed this year
ISLAMABAD, Aug 14: Pakistan is likely to miss this year’s cotton target of 14 million bales following the pests and mealy bug attacks which have intensified in Punjab and Sindh this...
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