May 26, 2005	Thursday	Rabi-us-Sani 17, 1426

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PTCL sell-off on time ISLAMABAD, May 25: The privatization process of Pakistan Telecommunication Company Limited (PTCL) is being completed timely. This was stated by Dr Abdul Hafeez Shaikh, Minister for Privatization and Investment, while addressing...		SBP raises six-month TBs rates KARACHI, May 25: The State Bank on Wednesday raised the weighted average yield on six-month treasury bills by about three quarters of a percentage point to 7.82 per cent....
Meat export blamed for price hike ISLAMABAD, May 25: The meat export this fiscal year stood at Rs53 billion, which has not only created shortage in the domestic market but also pushed the prices of the commodity...		NWFP facing problems in budget making PESHAWAR, May 25: Participants at a pre-budget seminar were told here on Wednesday that the NWFP government was not in a position to finance its next fiscal year’s annual development programme...
Provisional listing of UBL on KSE today KARACHI, May 25: The provisional listing of United Bank Limited on the Karachi Stock Exchange would take place from Thursday (May 26), which would be the same date on which the...		Bears rule stock market KARACHI, May 25: Stocks on Wednesday fell across a broad front as investors, yearning for some quick financial stimulants, were not inclined to hold long positions even on the blue chip...
Study group’s report in August: Trade with India ISLAMABAD, May 25: The newly-established India Pakistan Chamber of Commerce (IPCC) on Wednesday announced constitution of a study group to work out measures for increasing bilateral trade to $6 billion from...		Trade with Syria ISLAMABAD, May 25: Pakistan and Syria have signed a protocol for enhancing volume of trade and cooperation between two countries. An official announcement here on Wednesday said that the protocol stipulated...
Prices ease on cotton market KARACHI, May 25: Cotton prices on Wednesday eased modestly from the recent highs as the official rate committee revised them in line with the average quality of lint available with the...		Manufacturing facility KARACHI, May 25: The Siemens Pakistan is establishing a manufacturing facility for 220 KV power transformers. This was announced by Dr Klaus Wucherer, executive vice-president of Siemens AG, Munich, on Wednesday...
Karachi Port operations KARACHI, May 25: Six ships carrying general cargo, containers and to load molasses are expected to arrive at the outer anchorage on Thursday, according to KPT sources. Berthing activity at the...		PLGMEA seeks relief package KARACHI, May 25: The Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) has asked the government to support the leather garment industry which is unable to compete with cheaper Chinese goods...