26 December 2004 Sunday 13 Ziqa'ad 1425 Auto parts makers seek meeting with PM KARACHI, Dec 25: The government's plan to bring about changes in the deletion levels and revamping of Engineering Development Board (EDB) has caused uncertainty among the local auto parts industry ... Banks foreign currency deposits reach $3bn KARACHI, Dec 25: At the end of November 2004, all local and foreign banks working in Pakistan had $3 billion fresh foreign currency deposits i.e. those generated afresh after the freezing of $11 billion deposits in May 1998 when the country had gone nuclear. ... Rs5m loans for livestock, dairy farming: Poverty reduction LAHORE, Dec 25: The Punjab government has launched a two billion-rupee initiative for poverty alleviation through a programme for the hitherto largely neglected livestock sector ... ST collection from car makers registers fall ISLAMABAD, Dec 25: The sales tax collection from the car manufacturers has registered a shortfall during the first five months (July-Nov) of the current fiscal year. ... Corporate taxpayers issued letters ISLAMABAD, Dec 25: The Central Board of Revenue has issued letters to around 24,000 corporate taxpayers, asking them to file the return of income or statement of final taxation for the tax year 2004 with the income tax department. ... Second half export target set at $7.17bn ISLAMABAD, Dec 25: The commerce ministry has set an export target of $7.172 billion for the second half (January-June) of the current fiscal year for achieving the annual target of $13.7 billion. ... 43 deputy, assistant collectors transferred ISLAMABAD, Dec 25: The Central Board of Revenue has transferred and posted 43 deputy collectors and assistant collectors of the customs and excise group. ... CBU vehicles KARACHI, Dec 25: Pak Suzuki has planned to inject state of the art completely built up (CBU) vehicles in the first quarter of 2005 to plug the demand and supply gap followed by the local manufacturing of these vehicles from the year 2006 onwards. ... Supply concerns may influence oil market sentiments RIYADH, Dec 25: Crude markets are in finally for some major adjustments. From almost $55 a barrel in mid-October, the prices have gone down to around $40 a barrel. ... 'Made in China' to multiply in post-quota era BEIJING, Dec 25: China is certain to be one of the major beneficiaries of the end of the international quota system for textiles and clothing next year, but it hopes to limit the impact of the change on global markets. ...

© The DAWN Group of Newspapers, 2004