March, 29 2005	Tuesday	18 Safar 1426

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12m bales of cotton, 51.3m tons of cane: Kharif crop targets set ISLAMABAD, March 28: The federal government has set a target of 12 million bales of cotton, 51.3 million tons of sugarcane and 5.2 million tons of rice production during the next...		WB for raising revenue target to Rs880bn ISLAMABAD, March 28: The World Bank has urged the government to increase its annual tax collection to Rs880 billion by drastically improving CBR’s audit functions and eliminating existing large scale leakages....
Dubai builders to invest $1.8bn in housing KARACHI, March 28: Two Dubai based real estate developers are going to invest up to $1.8 billion during next five to six years in the development and housing schemes of the...		ADB security risk scheme for Pakistan: Foreign investment KARACHI, March 28: The Asian Development Bank plans to provide a security risk guarantee against sabotage or terrorism to foreign firms that are willing to invest in Pakistan, a top ADB...
Pakistan open to all investors ISLAMABAD, March 28: Federal Minister for Privatization and Investment Dr. Abdul Hafeez Shaikh said on Monday Pakistan was open to all investors, and there was no restriction on bringing in or...		Government protecting local industry KARACHI, March 28: The National Tariff Commission (NTC) has imposed anti-dumping duties on five raw materials for industries imported from seven countries in the last one and a half years while...
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Complaint cell for stock investors ISLAMABAD, March 28: The Securities and Exchange Commission of Pakistan (SECP) has established a separate complaint cell for the speedy processing of complaints from smaller investors regarding crisis at the Karachi...		MCB gives 10pc final dividend KARACHI, March 28: Muslim Commercial Bank (MCB) has announced a final dividend of 10 per cent, according to a decision taken at the annual general meeting of the bank held in...
Ummah urged to meet economic challenges KARACHI, March 28: Minister for Industries, Production and Special Initiatives Jehangir Khan Tareen has urged the Muslim Ummah to forge partnerships based on mutual business strengths to meet world economic challenges....		China for frontier zone at Khunjirab ISLAMABAD, March 28: China is considering a proposal to discuss with Pakistani authorities to establish a frontier zone at Khunjirab port to enhance interaction and trade between border areas of the...
Rs19bn injection fails to boost stock market KARACHI, March 28: Stocks on Monday resumed trading on an easy note despite reports of massive intervention by the banks and some financial institutions to put the market back on the...		Buyers remain busy on cotton market KARACHI, March 28: Firm trading conditions were again witnessed on the cotton market on Monday as spinners and mills were not inclined to take even a technical breather amid reports of...
Karachi Port operations KARACHI, March 28: Five ships carrying DAP fertilizer, steel coils and containers are due to arrive at the outer anchorage on Tuesday, according to KPT sources. Berthing activity at the wharves...		Oil slips NEW YORK, March 28: Oil prices fell below $54 a barrel on Monday as fresh gains by the US dollar prompted profit-taking by speculative funds and as concerns faded over the...