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Recovery laws be enforced: SBP
State Bank of Pakistan (SBP) after long consultation with all stakeholders has recommended early implementation of sections 15 and 19 of the Financial Institutions Recovery of Finance Ordinance, 2001, so that implementation of Foreclosure Laws could be ensured
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Body reviews arrangements for Expo Pak
The fourth meeting of the Steering Committee of Expo Pakistan 2005 on Friday reviewed arrangements of the mega event in the country, due to commence from February 5, 2005. Complete Story
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Oil prices extend slump
: World oil prices fell further from record peaks Thursday, showing losses of six per cent in two days as speculators rushed to bank profits following a surge in crude oil stockpiles.
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PTCL Q1 profit down on tariff cut
: Pakistan Telecommunication Co Ltd (PTCL) posted a one per cent fall in first-quarter net profit on Thursday, which analysts said was due to a significant reduction in tariffs and connection charges Complete Story
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Pak Petroleum profit rises 57pc
Pakistan Petroleum Limited has declared a 57 per cent increase in the net profit to Rs1.99 billion during the first quarter ended September 30, 2004, as compared to Rs1.29 billion during the same period last year Complete Story
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Meeting on demutualisation
: Chairman Securities and Exchange Commission of Pakistan (SECP), Dr Tariq Hassan would preside over a meeting on ‘demutualisation of bourses’ in Islamabad after Eid-ul-Fitr
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provide micro-credit in rural areas--PM
Prime Minister Shaukat Aziz on Thursday urged the banking sector to extend micro-credit facility to the small and medium entrepreneurs in country’s rural areas to accelerate economic activity and generate employment.
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