03 February 2005	Thursday	23 Zilhaj 1425

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Investment prospects bright: Musharraf KARACHI, Feb 2: President Pervez Musharraf on Wednesday said that Pakistan had highly conducive environment and bright prospects for investment, because of geographical location where it could cater to South Asia ...		Inaccurate figures: sugar mills face action ISLAMABAD, Feb 2: Federal Minister for Food, Agriculture and Livestock (Minfal) Sikandar Hayat Bosan here on Wednesday said the government was ready to take action against a number of sugar mills in Sindh ...
Deregulation policy brings FDI: Aziz ISLAMABAD, Feb 2: Prime Minister Shaukat Aziz said on Wednesday the deregulation policy was yielding good results in expanding the telecom business and attracting foreign direct investment (FDI). ...		Corporate farming gets under way: Rs594m loan obtained KARACHI, Feb 2: Corporate farming has made a modest start in Punjab where three borrowers have obtained loan of about Rs594 million from the domestic private banks during the first half of the current fiscal year. ...
Marble, granite policy ISLAMABAD, Feb 2: Federal Minister for Industries, Production and Special Initiatives Jehangir Tareen said on Wednesday the marble and granite sector strategy would be finalized by the end of March to achieve ...		Six-month TBs rate shoots up to 4.79pc KARACHI, Feb 2: The State Bank on Wednesday increased weighted average yield on six-month treasury bills to 4.79 per cent from 4.16 per cent on January 5. ...
Ishrat for professional training of accountants KARACHI, Feb 2: Governor State Bank of Pakistan Dr Ishrat Husain during his visit to the Institute of Chartered Accountants of Pakistan (ICAP) had stated that ICAP was a role model for a self-regulatory organization. ...		PTA with Morocco proposed KARACHI, Feb 2: Commerce Minister Humayun Akhtar Khan on Wednesday proposed a preferential trade agreement between Morocco and Pakistan to boost bilateral trade. ...
Egyptian duty on matches Pakistan seeks review ISLAMABAD, Feb 2: The government has directed the Pakistani mission based in Geneva to start formal consultation with Egyptian mission for reviewing the levy of 29 per cent anti-dumping duty on import of matches before filing a case in the Dispute Settlement Body of the WTO. ...		34 pesticides to be put on generic list ISLAMABAD, Feb 2: Ministry of Food, Agriculture and Livestock (Minfal) has decided to bring 34 branded pesticides on the generic list after expiry of their patent rights. A notification to this effect has been issued. ...
SECP registers 219 companies ISLAMABAD, Feb 2: A total of 219 companies have been registered with the Securities and Exchange Commission of Pakistan (SECP) during January this year as compared to 187 companies registered during the corresponding month last year, showing an increase of 17 per cent. ...		Trading in 3 new shares from 7th KARACHI, Feb 2: The Karachi Stock Exchange announced on Wednesday that the bourse had approved the applications for formal listing and quotation of shares of International Housing Finance Limited; Jahangir Siddiqui Capital Markets Limited and Meezan Balanced Fund. ...
Trading picks up on cotton market KARACHI, Feb 2: Physical activity on the cotton market on Wednesday modestly picked up as leading spinners tried to grab the floating stock of fine lots below Rs2,200. ...		Stocks cross 6,900-point barrier again KARACHI, Feb 2: The KSE 100-share index on Wednesday again crossed the barrier of 6,900 for the third time and bulls vowed this time to hit the crucial level of 7,000.00 points irrespective of bear resistance. It settled around 6,950, up by 80.60 points. ...