December 4, 2005	Sunday	Ziqa’ad 1, 1426

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World-class logistics to sustain growth: PM: Oil Pier II inaugurated KARACHI, Dec 3: Prime Minister Shaukat Aziz on Saturday stressed upon the need for developing world class logistics and infrastructure to ensure sustained economic growth and higher foreign investment....		Policy package for SMEs soon KARACHI, Dec 3: The government is soon to unveil a policy package for small and medium enterprises that will take care of management, marketing, financial and other matters, Federal Industries and Production Minister Jehangir Tareen announced on Saturday....
Consultancy contract for terminal design work okayed KARACHI, Dec 3: The Karachi Port Trust board had approved a consultancy contract for deep draught container terminal design work in its meeting held on November 30, 2005....		Industry seeks enabling environment KARACHI, Dec 3: Instead of guiding industrialists and giving them futuristic vision about industrial development, the government should provide an enabling environment for the growth of this sector....
Oil prices, energy security on top of world agenda RIYADH, Dec 3: As a galaxy of global energy leaders got together here when the International Energy Forum Secretariat (IEFS) was formally inaugurated in the diplomatic enclave of Riyadh in November,...		Exports of readymade garments, bedwear up ISLAMABAD, Dec 3: Exports of readymade garments and bedwear registered an average growth of over 72 per cent during the July-October period of the current fiscal year, over the same period last year....
Mild steel import from India allowed ISLAMABAD, Dec 3: The government has allowed import of mild steel structure from India. The decision was notified by the commerce ministry here on Saturday by amending the Import Policy Order 2005....		Brokers oppose SECP nominated chairman KARACHI, Dec 3: “We, the members of the Karachi Stock Exchange, are not opposed to a non-member as the chairman of the stock exchange,” a statement signed by more than a hundred stock brokers, provided to Dawn on Saturday, said....
First tariff cut under Safta from July 2006 ISLAMABAD, Dec 3: Saarc member countries have agreed that the first downward revision in tariffs under the South Asian Free Trade Area (Safta) will come into force from July 1, 2006....		CFS rates stay unchanged KARACHI, Dec 3: After having touched the week’s peak level of 18 per cent, the weighted average CFS rates finally settled at the previous rate of 16.2...
Minister seeks Rs12bn for Karachi KARACHI, Dec 3: Minister for Ports and Shipping Senator Babar Khan Ghouri on Saturday urged Prime Minister Shaukat Aziz to give Rs12 billion to Karachi which the federal government was going...		Ginners lower asking prices KARACHI, Dec 3: The cotton market on Saturday showed an easy trend as some of ginners again lowered their asking prices amid rumours of larger unsold stock of about 3m bales lying with their godowns....
Alliances proposed KARACHI, Dec 3: The Istanbul Chamber of Commerce and Industry has proposed to form product-based alliances and associations with OIC countries to increase trade activities for the benefits of the region....		Auto sector assured support KARACHI, Dec 3: Central Board of Revenue Chairman Abdullah Yousuf has assured support to the auto sector. This was announced in a statement issued by Indus Motor Company here on Saturday....
Chances seen dwindling for WTO deal by late 2006 WASHINGTON, Dec 3: Chances are dwindling for negotiators to reach a new world trade agreement by the end of 2006, increasing the possibility the Bush administration will have to seek renewal...		G7 seeks free trade revival LONDON, Dec 3: Britain sought to break a deadlock over world trade liberalisation at talks among finance ministers on Saturday, but prospects for anything more than a declaration of good intent looked slim....
Turkish chamber sees potential for trade growth LAHORE, Dec 3: Bursa Chamber of Commerce and Industry president Halili Guven has said that Pakistan and Turkey have the potential for increasing bilateral trade from the current level of $360 million a year to over $1 billion....		US raises sugar import quota WASHINGTON, Dec 3: Responding to tightening supplies of sugar, the US Agriculture Department said on Friday it increased the import quota for the sweetener by 450,000 short tons, raw value, for this marketing year....
Dollar mixed NEW YORK, Dec 3: The dollar sputtered Friday after briefly hitting a two-and-a-half-year high against the yen as markets shrugged off a widely anticipated report showing the US economy created 215,000 jobs in November....		Karachi Port operations KARACHI, Dec 3: Berthing activity at the Karachi Port on Saturday was brisk as nine ships were berthed to unload and load various commodities, including cars and general cargo, according to KPT sources....