July 15, 2005	Friday	Jumadi-us-Sani 7, 1426

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Govt moves to sort out issues: Margin financing KARACHI, July 14: The Advisor to the Prime Minister on Finance Dr. Salman Shah and Minister of State for Finance Mr. Omar Ayub Khan will meet top bankers, and heads of...		CBR chief dissatisfied with ST collection ISLAMABAD, July 14: The Chairman Central Board of Revenue (CBR) M. Abdullah Yousuf on Thursday admitted that sales tax collection in 2004-05 could not realize to its potential....
ATT import value falls by 44.5pc in June ISLAMABAD, July 14: The import value of Afghan Transit Trade (ATT) declined by 44.5 per cent in June 2005 to Rs1.661 billion, as against Rs2.990 billion during June 2004....		Tax-free trading with China in two years SHANGHAI, July 14: Pakistan and China will establish a comprehensive tax-free trading system within next two to three years. “It is part of the on-going efforts transforming their excellent diplomatic relations...
Die, mould centre in Orangi planned LAHORE, July 14: The federal government proposes to set up a state-of-the-art tool, die and mould (TDM) centre in Orangi, Karachi, which is projected to produce tools, dies and moulds to the tune of $2.5...		Raw items import through TCP sought KARACHI, July 14: Union of Small and Medium Enterprises (UNISAME) has urged the government to allow Trading Corporation of Pakistan (TCP) to import raw materials for supply to SMEs in the forthcoming trade policy....
Oil prices drop as supply fears ease LONDON, July 14: World oil prices fell heavily on Thursday as Tropical Storm Emily appeared to be easing and levels of US crude inventories were deemed sufficient, soothing supply concerns, analysts said....		Mango exports on rise ISLAMABAD, July 14: As Pakistan is already exporting mangoes to Europe, Middle East and a number of other regional countries, the country’s mango exports are gaining ground all over the international markets....
PPL leads fresh fractional fall on stock market KARACHI, July 14: Trading volume on the stock market on Thursday further shrank to a modest proportion at 129m shares as leading investors and institutional traders remained conspicuous by their absence for the fourth session in a row....		Russian economic growth slows MOSCOW, July 14: Russian economic growth slowed in the first half of 2005 to 5.4 per cent according to preliminary data, casting further doubt on President Vladmir Putin’s aim of doubling...
Karachi Port operations KARACHI, July 14: Six ships carrying machinery, steel coils and containers are expected to arrive at the outer anchorage on Friday, according to KPT sources. Berthing activity at the wharves was modest where four ships, Y.N....		Cotton market rules firm KARACHI, July 14: The cotton market on Thursday showed firm trend as ginners were not worried over the fresh decline in New York cotton futures and steadily held on to their positions....
Pakistan’s share only 0.06pc: Services sector ISLAMABAD, July 14: Pakistan’s share in the world services sector could not grow beyond 0.06 per cent due to a number of impediments and obstacles. Officials told Dawn on Wednesday that...		Asian energy ministers pledge cooperation PHNOM PENH, July 14: Asian energy ministers have agreed in Cambodia to boost cooperation in the face of climbing oil prices, but listed few concrete targets in a communiqué issued at the conclusion of annual talks....
Eurozone economy grows 0.5pc BRUSSELS, July 14: The eurozone economy grew 0.5 per cent in the first three months of this year from the final quarter of 2004 amid wide divergences between individual countries, a...		China’s reserves hit $711bn BEIJING, July 14: China’s foreign exchange reserves, the second-largest in the world after Japan’s, hit $711 billion at the end of June, up 51.1 per cent from a year ago, official data showed on Thursday....
Corporate sector ISLAMABAD, July 14: Securities and Exchange Commission of Pakistan Chairman Dr Tariq Hassan has said that the SECP would enhance its strength and presence in Balochistan to facilitate and promote corporate sector in the province....		Palm oil flat KUALA LUMPUR, July 14: Malaysian palm oil ended virtually flat on Thursday, surrendering early gains on the back of a strong soyoil, as the outlook for exports in July remained weak after a wobbly start....