30 January 2005	Sunday	19 Zilhaj 1425

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Govt bans aging oil tankers at ports KARACHI, Jan 29: Pakistan has put age restriction to obviate from substandard oil tankers calling at country's ports. This has been necessitated to avoid any mishap in port areas which may result in pollution and damage to ecology and environment. ...		Govt to take up PS expansion plan on Feb 1 ISLAMABAD, Jan 29: The federal government has convened a high level meeting here on February 1 to discuss and approve the expansion of Pakistan Steel (PS) from 1.1 million tons to 1.5 million tons annually at a cost of Rs12 billion. ...
Expo 2005 pushes up occupancy to 100pc: Hotels raise room charges KARACHI, Jan 29: Room occupancy in leading hotels has touched 100 per cent from 50-70 per cent mainly due to Expo Pakistan 2005 and some other events. ...		SAI plans matchmaking with foreign delegates KARACHI, Jan 29: SITE Association of Industry will arrange a series of meetings between local business houses and the foreign delegates attending Expo Pakistan next week providing them a platform to explore possibilities of joint ventures. ...
Expo 2005 to end on Feb 7 KARACHI, Jan 29: The Expo 2005, being held from February 2 to 5, will be extended for two more days to February 7 on a proposal of the Sindh Governor Dr Ishratul Ibad who wants that maximum number of people of Karachi should enjoy ...		Textiles export fell by 13.7pc in December ISLAMABAD, Jan 29: Pakistan's export of textile manufactures declined by 13.70pc to $606.871 million in December 2004 as against $703.180 million over the same month of the last year. ...
14 EoIs received for PTCL shares ISLAMABAD, Jan 29: The improved macroeconomic situation of the country as reflected "positive" by international institutions and robust financial position by Pakistan Telecommunication Company Limited (PTCL) has generated unprecedented interest among the investors for PTCL. ...		KPT, KICT sign deal to develop phase-III KARACHI, Jan 29: The Karachi Port Trust and Karachi International Container Terminal have entered into an agreement for developing KICT's phase III project at West Wharf of the Karachi Port. ...
KSE fines brokerage firm for blank sale KARACHI, Jan 29: The Karachi Stock Exchange has imposed fine on a brokerage firm for contravention of the "Regulations for Short Selling under Ready Market, 2002" by two of its clients. ...		Economy improving: Soomro KARACHI, Jan 29: Chairman Senate Mohammadmian Soomro has said that the country's economy is improving rapidly and all the indicators are positive. ...
Sales tax on commission ISLAMABAD, Jan 29: The registered printers would now pay sales tax at the rate of 15 per cent on the commission charges of the advertising agencies. ...		New ST refund system notified ISLAMABAD, Jan 29: The Central Board of Revenue (CBR) has notified a newly automated system - Sales Tax Risk Evaluation and Management System (STREAMS) - for the processing and sanction of sales tax refunds as part of reforms of tax administration. ...
Afghan transit goods to India ISLAMABAD, Jan 29: Afghan goods in transit to India registered a growth of 43.13 per cent during the first-half (July-December) of the current fiscal year, over the same period last year. ...		Fine cotton fetching higher prices KARACHI, Jan 29: The cotton market finished the weekend session on an easy note as official spot rates were lowered by Rs25 in line with those at which physical business is being transacted for the last couple of sessions. ...