July 30, 2005	Saturday	Jumadi-us-Sani 22, 1426

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Pakistan not to seek further waiver: Deletion programme ISLAMABAD, July 29: Pakistan has decided not to seek any further waiver for the continuation of deletion programme for the local automobile industry under the World Trade Organization agreement on trade related investment measures (TRIMs)....		State Bank warns exchange firms to behave KARACHI, July 29: “Please don’t insult our intelligence by thinking that we do not understand what is happening in the market,” State Bank Deputy Governor Tawfiq A....
Double margin financing to end next week KARACHI, July 29: A decision taken by the Adviser to the Prime Minister on Finance Dr Salman Shah on Friday would enhance the investors’ capacity to trade in stocks using margin finance....		Sick units in Sindh being revived SUKKUR July 29: The Sindh Government is taking a number of steps to promote economic activities in interior Sindh, besides, reviving the sick industrial units which would accelerate trade and business activity as well as help overcome unemployment....
Small projects to create 3m jobs KARACHI, Jul 29: Advisor to Prime Minister on Finance, Dr. Salman Shah said Thursday the government had planned to set up community-based projects to create up to 3 million jobs....		Shippers resolve to end freight hikes KARACHI, July 29: The Association of Shippers’ Councils of Bangladesh, India, Pakistan and Sri Lanka (ASCOBIPS) on Friday resolved to join hand with other shippers’ councils of the world to bring...
Saudi Pak to finance Rs1.825bn projects ISLAMABAD, July 29: Saudi Pak Industrial and Agriculture Investment Company, a joint venture of Saudi Arabia and Pakistan, will provide Rs1.825 billion financing to energy, textile, fertilizer and sugar sectors....		Four WTO deputy DGs named ISLAMABAD, July 29: The WTO Director-General Designate Pascal Lamy on Friday named his four deputy directors-general including an Indian. According to information reaching here, Mr Lamy, who assumes office on September...
Oil prices reach $61 after blast in refinery LONDON, July 29: World oil prices jumped to $61 per barrel on Friday after an explosion at a BP oil refinery in Texas, in the southern United States, that injured nobody...		AHSL earns Rs2,583m profit KARACHI, July 29: Arif Habib Securities Limited (AHSL) posted after-tax profit at Rs 2,583 million for the year ended June 30, 2005, representing 51.5 per cent growth over taxed profit amounting to Rs1,705 million the previous year....
KSE index falls 36.51 points on renewed selling KARACHI, July 29: Stocks finished the weekend session on an easy note as investors were not inclined to make fresh commitments ahead of the high-powered meeting to sort out badla-related issues in the light of Tarin committee’s recommendations....		Cotton market lacks lustre KARACHI, July 29: Trading on the cotton market on Friday remained insipid as lower Sindh ginners held back their new crop lots apparently for a better price in the coming sessions....
US economic growth slows to 3.4pc WASHINGTON, July 29: US growth slowed marginally to 3.4 per cent in the second quarter, the government said on Friday, but analysts said the world’s biggest economy remained in rude health....		Palm oil ends lower BANGKOK, July 29: Malaysian crude palm oil futures fell in thin trade on Friday, ignoring gains in rival soyaoil as investors waited for export data due next week, dealers said....
Karachi Port operations KARACHI, July 29: Four ships carrying steel pipes and project cargo are expected to arrive at the outer anchorage on Friday, according to KPT sources. Berthing activity at the wharves was...		Agreement KARACHI, July 29: Ufone and Union Bank American Express Cards have signed an agreement to honour an upcoming strategic alliance for the Union Bank American Express Card holders, according to a press release....