24 February 2005	Thursday	14 Muharram 1426

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Sindh govt questions Unicef's survey: Poverty, unemployment KARACHI, Feb 23: Poverty estimation in Sindh is again emerging a big controversial issue as the provincial government has questioned the accuracy of a Unicef-sponsored Multiple Indicator Cluster Survey (MICS) report on poverty ...		Wet spell could spoil crops LAHORE, Feb 23: While weather is always important for the growth of crops, it has become an extremely critical factor for the wheat crop now in the fields because of continued cold, cloudy and wet spell that has swept the country ...
Faysal Bank posts Rs1,753m profit KARACHI, Feb 23: Faysal Bank Limited posted after-tax profit at Rs1,753 million for the year ended December 31, 2004, compared with Rs2,151 million the previous year. ...		Leather garment exports get 25pc freight subsidy KARACHI, Feb 23: The government has allowed a 25 per cent freight subsidy on exports of leather garments for a period of one year, starting from January 1 to December 31, 2005. ...
Verification of account details not needed: Kapco shares ISLAMABAD, Feb 23: The Privatization Commission has confirmed that applicants submitting applications for Kapco shares along with pay orders do not have to get their bank account details verified from their banks. ...		Faletti's Hotel deal signing today ISLAMABAD, Feb 23: Privatization and Investment Minister Dr Abdul Hafeez Shaikh will preside over the signing ceremony of the conveyance deeds, share purchase agreement of Faletti's Hotel at the Privatization Commission here on Feb 24. ...
SBP chief receives award KARACHI, Feb 23: Editor-in-Chief of The Banker Magazine, Stephen Time well presented the Central Bank Governor of the year in Asia Award to Governor State Bank, Dr Ishrat Husain at a ceremony held at a local hotel on Wednesday. ...		Pakistanis return on Kenyan tea market NAIROBI, Feb 23: Kenya tea prices were mixed, thanks to varying quality and increased demand from Pakistani buyers, dealers said on Wednesday. ...
Dumping duty against Korean, Iranian firms ISLAMABAD, Feb 23: The National Tariff Commission (NTC) has imposed a definitive anti-dumping duty of 40.18 per cent against a South Korean firm and 31.06 per cent on an Iranian firm ad valorem of cost and freight price on import of PVC resin for a period of five years. ...		US economy in 'good shape': Snow WASHINGTON, Feb 23: US Treasury Secretary John Snow said on Wednesday that the world's biggest economy was in "good shape" and that inflationary pressures are being kept in check. ...
Journalist of the year award KARACHI, Feb 23: The Association of Chartered Certified Accountants (ACCA) is soon launching the "ACCA Pakistan Business journalist of the year" award to promote financial and business journalism in Pakistan. ...		Prices rise by Rs35 on cotton market KARACHI, Feb 23: After ruling dormant for the last couple of sessions, cotton prices on Wednesday rose by Rs35 to Rs50 per maund in physical trading boosted apparently by sharp increase in the New York cotton futures. ...