March, 19 2005	Saturday	08 Safar 1426

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POL products Daily price revision formula under study KARACHI, March 18: The government and the oil industry are engaged in a discussion as to how further deregulate the price mechanism and introduce a new system of fixing price of...		Denial of GSP plus serious blow to exports BRUSSELS, March 18: The European Union’s decision to reject Pakistan’s demands for access to the bloc’s special duty-free trade preference scheme known as GSP Plus is a disappointment for Islamabad, which...
Dubai bank gets licence to open branches ISLAMABAD, March 18: Prime Minister Shaukat Aziz formally presented licence for opening Dubai Islamic Bank (DIB) in Pakistan to the UAE Minister for Finance Dr Muhammed Khalfan Bin Khirbash, at a...		Incentives for economic zone at Gwadar sought ISLAMABAD, March 18: Federal Minister for Ports and Shipping Senator Babar Khan Ghauri, has said that the application of certain laws should be held in abeyance or set-a-side for the special...
NBP announces conditional bonus issue KARACHI, March 18: The financial results and dividend announced by National Bank of Pakistan (NBP) on Friday, were generally in line with analysts’ expectations of earning per share (eps) somewhere over...		Banks lend Rs65.3bn farm credit KARACHI, March 18: Banks involved in agricultural loaning disbursed about Rs65.3 billion farm credit during July-February 2004-05, against the full fiscal year target of Rs85 billion, banking sources told Dawn. ...
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G-20 wants subsidies eliminated in 5 years ISLAMABAD, March 18: The G-20 ministers have agreed to allow a maximum period of five years for a complete elimination of all kinds of subsidies given by developed countries to their...		Port Qasim handles 14m tons cargo in 8 months KARACHI, March 18: The Port Qasim during the period July-February of the current fiscal year handled 14 million tons of cargo, showing an increase of 39 per cent over the corresponding...
‘Strike calls hit industry, production’ KARACHI, March 18: Industrialists and businessmen have criticized the holding of a ‘million march’ by the Muttahida Majlis-i-Amal on March 20, saying it will cause financial losses to the industries, besides...		SGS being hired for verification of prices KARACHI, March 18: The government is engaging the services of the foreign pre-shipment valuation contractor SGS to obtain verification of the prices of the imported goods from the country of the...
Buying at dips averts major fall on stock market KARACHI, March 18: Stocks on Friday again turned in a highly volatile performance as leading investors played on both sides of the fence indulging in alternate bouts of buying and selling...		Prices stay firm on cotton market KARACHI, March 18: Cotton market on Friday stayed firm as lower than market expectations arrivals of phutti during the fortnight ended March 15, could push lint prices further higher during the...