November 24, 2005	Thursday	Shawwal 21, 1426

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Sindh asked to release wheat for quake areas: US-pledged assistance KARACHI, Nov 23: The duty-free import of wheat in Karachi has brought a virtual halt in the demand on government stocks, which has forced the federal government to suggest to Sindh...		Cement companies brace for meeting demand KARACHI, Nov 23: Expanded capacities of cement companies are rapidly coming on line as producers’ brace up to meet demand. Pioneer Cement’s additional capacity of 4,300 tons is on the verge of a start....
Large number of insurance papers lost in debris ISLAMABAD, Nov 23: Insurance policy documents of a large number of people who died in the Oct 8 earthquake were lost in the debris, creating a controversy over practicability of investigation...		UK assures support in dumping duty, GSP issues KARACHI, Nov 23: British Deputy High Commissioner Hamish S.T. Clair Daniel said although his country was the biggest supporter of Pakistan on anti-dumping duty and GSP Plus status issues, it alone could not do anything on these issues....
KSE 100-share index maintains upward drive KARACHI, Nov 23: The KSE 100-share index on Wednesday stayed above the newly attained chart point of 9,000 but ended well below the session’s highs as most of the leading base shares remained depressed in the absence of strong support....		Cotton sellers, buyers find meeting ground KARACHI, Nov 23: Active trading was witnessed on the cotton market on Wednesday as price ideas of both sellers and buyers found a meeting ground in line with their parity levels....
Pakistan seeking greater access: Exports to EU, US ISLAMABAD, Nov 23: Pakistan has sought greater market access from the European Union, the United States and other major Western countries for its exports to offset negative impact of the October...		US textile buyer hints at doubling purchases KARACHI, Nov 23: A leading US textile buyer, Steve and Barry, which runs 98 stores, has hinted at doubling purchases from Pakistan from $50 million to $100 million....
$37.3m ADB loan for hydropower project MANILA, Nov 23: The Asian Development Bank (ADB) will help to bridge a pending electricity shortfall and encourage the development of hydropower resources in Pakistan through a new $ 37.3...		Return on 6-month T-bills raised KARACHI, Nov 23: The State Bank on Wednesday raised the cut-off yield on benchmark six-month treasury bills, signalling an interest rates hike in future....
Oil prices ease LONDON, Nov 23: World oil prices fell slightly on Wednesday before the latest weekly snapshot of US crude inventories and after a surge the day before caused by the arrival of cold weather in the northern hemisphere....		Pakistan yet to sign WTO pact: Export of IT products ISLAMABAD, Nov 23: Pakistan is yet to enjoy a preferential market access for exports of its information technology products because of non-acceptance of the WTO information technology agreement (ITA) effective from July 1, 1997....
Trade with France on rise KARACHI, Nov 23: The trade volume between France and Pakistan is on the increase. This was stated by French Ambassador to Pakistan Regis de Belenel...		CBR raises Rs15m retail tax ISLAMABAD, Nov 23 : The Central Board of Revenue (CBR) has raised Rs15 million as retail tax on selected items of five sectors during the first four months of the levy during the current fiscal year....
Thailand signs trade pacts with Singapore BANGKOK, Nov 23: Thailand and Singapore on Wednesday signed 10 pacts promising three billion baht ($72.7m) in investment, aiming to increase business and tourism links between the two Southeast Asian nations....		US industry faces skills gap WASHINGTON, Nov 23: US manufacturers are facing a growing shortage of skilled workers that will hurt their ability to compete in the global economy, a study released on Tuesday showed....
S. Arabia sees GDP up 4.6pc by 2009 RIYADH, Nov 23: Saudi Arabia projects an average 4.6 per cent annual economic growth over the 2005-2009 period backed by an expected 1.56 per cent rise each year in the value of oil exports, the backbone of its economy....		Palm oil ends up KUALALUMPUR, Nov 23: Malaysian palm oil futures closed higher on Wednesday, halting a two-day slide, as the market took its cue from a rebound in rival US soyaoil....
BoE voted to freeze interest rates LONDON, Nov 23: Bank of England policymakers voted unanimously to keep the cost of borrowing in Britain at 4.50 per cent earlier this month, minutes of their latest meeting showed on Wednesday....		New products KARACHI, Nov 23: Pakistan State Oil and Orix Leasing Pakistan on Wednesday renewed their association by signing an agreement for introducing new products for the customers, says a press release....
Asian stock markets close mixed HONG KONG, Nov 23: Asian stocks closed mixed again on Wednesday, with the major markets picking up on signs the US Federal Reserve may be nearer-than-expected to calling a halt on hiking interest rates, dealers said....		Karachi Port operations KARACHI, Nov 23: Seven ships carrying vehicles, coal and steel pipes are expected to arrive at the outer anchorage on Thursday, according to KPT sources. Berthing activity at the wharves was...