20 April 2005	Wednesday	10 Rabi-ul-Awwal 1426

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Bids invited for three power projects ISLAMABAD, April 19: The Private Power and Infrastructure Board (PPIB) has invited bids from local and foreign firms and consortium to set up three private thermal power plants of 1200-1350mw capacity...		Banks lend Rs362bn to private sector: Target exceeded KARACHI, April 19: The private sector borrowed Rs362 billion from the banking system in a little more than nine months of this fiscal year, exceeding even...
Bearish spell continues on KSE KARACHI, April 19: Stocks on Tuesday turned in a highly volatile performance amid positive and negative news over the extension or otherwise of the Carryover Trade (COT) but till late in...		NWFP plans to reduce unemployment PESHAWAR, April 19: The NWFP government aims to reduce unemployment by attaining high economic growth infused with heavy investment both by the public and private sectors, officials say...
Aug 3 new deadline for COT phase-out KARACHI, April 20: The Securities and Exchange Commission of Pakistan (SECP) appeared to have reconsidered its earlier proposal and agreed to the stock market’s request to extend deadline for phase out...		BD garment sector offered raw material KARACHI, April 19: The textile industry leaders have offered Bangladesh to meet its garment sector’s raw material need and suggested drawing up some benchmarking arrangement system between...
Cotton market wears deserted look KARACHI, April 19: Cotton market on Tuesday lacked normal trading interest as buyers remained conspicuous by their absence after the TCP floated a tender for the sale of 60,000 bales. “The...		‘Pakistan, India enter new era of cooperation’ KARACHI, April 19: The opening of trade through Khokrapar-Monabao routes would foster the India-Pakistan trade besides increasing the movement of commodities and people of both the...
PS critically needs some investment KARACHI, April 19: The Pakistan Steel board on Tuesday felt that to keep the mega integrated plant of Pakistan Steel ticking, some investment would be unavoidable...		Bank profit KARACHI, April 19: Bank Alfalah Limited has posted a profit of Rs2,026 million before provision and taxation. The deposits grew by 69 per cent to Rs129 billion...
Rating KARACHI, April 19: The JCR-VIS has assigned a medium- to long-term rating of double A minus with a stable outlook and a short-term rating of A one to the Bank of...		OICCI chief KARACHI, April 19: Sohail Wajahat H. Siddiqui and M. Salman Burney have been elected as president and vice-president, respectively, of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the...
Promotion of engineering sector urged LAHORE, April 19: Industries and Production Minister Jehangir Tareen says Pakistan is now being considered by the German engineering companies as a destination for relocating their engineering industry...		ST exemption on cotton yarn under study ISLAMABAD, April 19: The government is considering a proposal to allow zero- rated supply and import of cotton yarn. Well-placed sources told Dawn on Tuesday that the textile industry had proposed...
Oil prices rise more than $1 LONDON, April 19: World oil prices pushed upwards on Tuesday on rumoured gasoline production problems at several US oil refineries, ahead of the driving season in the United States, dealers said....		China warns EU against slashing textile imports BRUSSELS, April 19: China warned the European Union (EU) bluntly on Tuesday that slapping limits on Chinese textile imports could harm relations between...
Palm oil prices KUALA LUMPUR, April 19: Malaysian crude palm oil futures barely moved on Tuesday as mixed fortunes in rival soyaoil and export estimates due a day later sidelined players. Exports were officially...		Karachi Port operations KARACHI, April 19: Eight ships carrying maize seed, soyabean meal and to load cement and rice are due to arrive at the outer anchorage on Wednesday, according to KPT sources. Berthing...