July 28, 2005	Thursday	Jumadi-us-Sani 20, 1426

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HBFC seeks land for low-cost housing KARACHI, July 27: The House Building Finance Corporation (HBFC) has approached the provincial governments to provide land in suburbs of major cities for constructing low-cost homes....		Joint quarantine centre at border planned: Livestock, wheat import from India ISLAMABAD, July 27: Adviser to the Prime Minister on Finance Dr Salman Shah here on Wednesday asked the Ministry of Food Agriculture and Livestock (Minfal) to explore the possibility of setting...
Auto-makers for policy review: Used cars import KARACHI, July 27: The liberalization of import of used cars under the new trade policy for 2005-06 would not only hurt investment from Japanese companies but hinder industrialization as well....		Exports show healthy growth KARACHI, July 27: With the exception of Oceania region that include Australia and New Zealand and many small island countries, Pakistan‘s exports in all the major regions of the world have registered a marked increase, showing a healthy market diversification....
Corporate firms announce results KARACHI, July 27: With the corporate results season in full bloom, several companies declared their results on Wednesday. Faysal Bank, which reported profit after tax at Rs1,914.3...		Capacity of garment units to be enhanced LAHORE, July 27: The ministry of industries and production has decided to evolve a concrete strategy for enabling Pakistan’s textile garments sector competitive in the quota-free WTO regime....
Old format valid for quarterly statement ISLAMABAD, July 27: The Central Board of Revenue has asked all regional commissioners of income tax and director generals of large taxpayers units to accept quarterly statements for the quarter ending June 30, 2005 on old format....		World oil prices stay firmer LONDON, July 27: World oil prices stabilized on Wednesday as traders digested a US stocks report that was mostly in line with market expectations, dealers said....
Stocks shed 83.97 points KARACHI, July 27: Stocks on Wednesday suffered a fresh fall on almost all the counters as investors sold on the overvalued blue chips sector for replacement buying on second-liners having potential of capital gains after normalcy returns to stock trading....		Cotton market resists fresh decline KARACHI, July 27: The cotton market on Wednesday resisted fresh decline but physical business remained at low ebb as spinners kept to the sidelines apparently awaiting the arrivals of new crop....
Karachi Port operations KARACHI, July 27: Six ships carrying palm oil, coal and crude oil are expected to arrive at the outer anchorage on Thursday, according to KPT sources....		Gwadar port board meets KARACHI, July 27: The fifth meeting of the Management Board of the Gawadar Port Implementation Authority was held at their project office to finalize and review progress towards the master plan, infrastructure, marketing strategy, dredging, ect.,...