29 August 2004	Sunday	12 Rajab 1425

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EC selects companies for dumping review: Pakistani bedlinen KARACHI, Aug 28: The European Commission (EC) has selected eight companies or exporters for sample survey to carry out interim dumping review of imports of Pakistani bedlinen to the European Union (EU) member states. ...		SBP sells over $500 million in July-Aug KARACHI, Aug 28: State Bank may increase interventions in the inter-bank market next month if the rupee shows signs of weakness because there is no urgent need to depreciate the rupee further. ...
Private banks show profit in first half KARACHI, Aug 28: The first six months of the financial year 2004 have brought bonanza for the banking sector as most private banks report improved profits, say analysts. ...		Reforms make state units profitable ISLAMABAD, Aug 28: The public sector corporation and their units have registered growth in their production during the last three years. ...
Welfare state: myth and reality KARACHI, Aug 28: After his election as Prime Minister, Shaukat Aziz, told the parliament that he would make Pakistan a true welfare state with the vision of Quaid-e-Azam Mohammad Ali Jinnah. ...		Customs duty on 30 items revised ISLAMABAD, Aug 28: The government on Saturday revised the customs duty on about 30 items to do away with various anomalies in budget 2004-05. ...
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Cotton crop in good condition LAHORE, Aug 28: Punjab Agriculture Minister, Muhammad Arshad Khan Lodhi on Saturday said that the condition of cotton crop in the province is very satisfactory. ...		Pakistan to be 'focus country' in garment show LAHORE, Aug 28: Pakistan will feature as the "Focus Country" at the ASAP Global Sourcing Show starting on Sunday at Las Vegas, USA. ...
Terms for availing duty relief amended ISLAMABAD, Aug 28: The government has introduced amendments in conditions for availing duty exemption on import of raw materials, sub-components, sub-assemblies, components and assemblies for the progressive manufacture of vehicles, equipment and machinery. ...		Carryover rates fall to 7.8pc KARACHI, Aug 28: Investment on the carryover market last week again swelled to a record level of Rs28.4bn from Rs28.3bn a week earlier, signalling unloading by the weakholders any time after the trading resumes next week. ...
Aziz asked to call joint trade bodies moot FAISALABAD, Aug 28: Different trade and industrialist bodies have demanded of the Prime Minister Shaukat Aziz, to convene a joint meeting of the trade bodies to consider ways and means for further improvement of the economy ...		Mineral firms offered relief ISLAMABAD, Aug 28: The government has further introduced amendments in the budgetary SRO460 for facilitating mineral exploration and extraction companies. ...
Hand-knotted carpet expo begins today LAHORE, Aug 28: The first "Regional Hand-knotted Carpets Exhibition" will begin at the Old Lahore Airport here on Sunday, featuring a big range of carpets from Pakistan, China, India and Nepal. ...		Steadier conditions on cotton market KARACHI, Aug 28: Cotton market finished the weekend session on a steady note as both ginners and spinners remained locked in price war but the former maintained an upper hand. ...