01 July 2004 Thursday 12 Jamadi-ul-Awwal 1425 Port, ships security code goes into effect KARACHI, June 30: Country's ports and ships will start observing from Thursday security plans in accordance with the International Ships and Port Security (ISPS) Code as laid down by the International Maritime Organization (IMO). ... Household survey in a few weeks: Income, expenditure KARACHI, June 30: The government is launching in next few weeks the biggest ever household income and expenditure survey that aims to cover more than 100,000 households in all the 106 districts of the country. ... Revenue target achieved: Shaukat - Rs510.6bn collected ISLAMABAD, June 30: Federal Finance Minister Shaukat Aziz on Wednesday announced that the Central Board of Revenue (CBR) has achieved its annual revenue collection target of Rs510.6 billion set for the 2003-04 ... Rupee down 0.5pc during 2003-04 KARACHI, June 30: The rupee lost 31 paisa or a little more than 0.5 per cent of its value against the US dollar in the inter-bank market in 2003-04. The local currency fell from 57.81 a dollar on June 30, 2003 to 58.12 on June 30, 2004. ... Market awaits new arrivals of cars, jeeps KARACHI, June 30: Consumers will witness some new arrivals of cars and jeeps (both imported and locally assembled) in the next one year. ... Small traders exempted from ST, turnover tax KARACHI, June 30: The Central Board of Revenue has exempted small businessmen from sales tax and turnover tax. The CBR through a notification issued on Wednesday raised the turnover threshold of manufacturers and retailers for levy of sales tax regime. ... Money changers cease to operate KARACHI, June 30: The State Bank said on Wednesday that more than 90 per cent of 375 licensed money changers had either set up mini exchange companies or had got franchise with the mainstream exchange companies or established such companies on their own. ... PSF demand, supply gap narrows to 0.1m tons KARACHI, June 30: During the financial year ended June 30, 2004, performance of the polyester staple fibre (PSF) sector remained spirited with the demand-supply gap narrowing down to under 0.1 million tons recently. ... Prices decline on cotton market KARACHI, June 30: Cotton prices on Wednesday suffered a fresh fall as weaker links among the ginners indulged in hasty selling but spinners were in no obliging mood. ... KSE 100-share index recovers 14.23 points KARACHI, June 30: Stocks on Wednesday turned in a highly volatile performance as investors were not inclined to take long positions on any of the counters owing perhaps to some political irritants. ...

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