December 9, 2005	Friday	Ziqa’ad 6, 1426

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Pakistan, India agree to open up seaports KARACHI, Dec 8: India and Pakistan on Thursday reached an understanding to amend the shipping protocol and allowed their seafarers to access each other’s ports, which has so far been not...		Senate body for policy to boost sugar output ISLAMABAD, Dec 8: The senate standing committee on food, agriculture and livestock has underlined the need for introducing farmer-friendly policies to give a boost to the production of sugar in the country....
Meeting briefed on WTO strategy ISLAMABAD, Dec 8: The ministry of commerce on Thursday briefed a joint meeting of the WTO Council and the Parliamentary Task Force on WTO on the strategy approved by the government...		SBP again fails to pick up liquidity KARACHI, Dec 8: The State Bank of Pakistan (SBP) again failed to pick up the liquidity, it left a day earlier, as the banks continued to seek higher returns on the treasury bills on Thursday....
Gold price shoots up to Rs10,085 KARACHI, Dec 8: Gold touched a new record peak of Rs10,085 per 10 grams (24 carat gold) on Thursday from the previous record of Rs9,979 on Wednesday....		Export of citrus fruit to Iran under way LAHORE, Dec 8: Pakistani exporters have started processing and grading of citrus fruit for exports to Iran after a gap of 25 years. Talking to Dawn here on Thursday, Shamoon Sadiq...
KSE 100-share index crosses 9,400-point barrier KARACHI, Dec 8: Stocks on Thursday shrugged off the overnight hesitancy as investors resumed covering operations at the lower level, pushing the market again into the plus territory despite a lot of pruning in the overvalued shares....		Active trading on cotton market KARACHI, Dec 8: The cotton market on Thursday passed through another actively traded session as spinners continued to build up long positions at the current levels....
Oil prices rise on cold weather LONDON, Dec 8: Oil prices rebounded on Thursday with cold temperatures set to continue in the US northeast, the world’s biggest regional consumer of heating fuel, analysts said....		Freight subsidy on Irri rice ISLAMABAD, Dec 8: The government has decided to extend the scope of freight subsidy on export to Irri-6 rice to make it competitive in the international market....
Amendment in IT Ord notified ISLAMABAD, Dec 8: The Central Board of Revenue on Thursday notified further amendment in the second schedule of Income Tax Ordinance, 2001 vide SRO1205(I)/2005 dated December 6, 2005....		Genuine exporters to get US visa KARACHI, Dec 8: United States visa officer Ms Sussen Riggs has said that her country will entertain all genuine business visa seekers. She gave this assurance during her recent visit to the Pakistan Readymade Garments Exporters Association (Prgmea)....
GATS visa for skilled, unskilled sought ISLAMABAD, Dec 8: Speakers at a seminar urged rich countries to allow GATS visa for both skilled and unskilled workers of developing countries to help them get some share in the services sector....		Karachi Port operations KARACHI, Dec 8: Five ships carrying chemicals, steel and containers are expected to arrive at the outer anchorage on Friday, according to KPT sources. Berthing activity at the wharves was active where five ships, Y.M....
‘Listed firms should follow IAS’ KARACHI, Dec 8: All listed companies in Pakistan should follow the International Accounting Standards (IAS), said Fahimul Hasan, a partner in leading chartered accountants firm, A.F. Ferguson....		London sugar LONDON, Dec 8: London white sugar futures edged lower on producer selling at midday on Thursday, and traders said the market still appeared overbought near nine-year peaks and risked a sharp fall....
Asian stocks mostly lower HONG KONG, Dec 8: Asian stocks closed mostly lower on Thursday amid a bout of investor jitters which began with overnight falls on Wall Street and increased with an extended sell-off in Tokyo, dealers said....		Cotton trade will focus on demand NEW YORK, Dec 8: The cotton trade will focus on demand when the US Department of Agriculture hands out its monthly supply/demand report tomorrow, analysts said on Thursday....
LNG import terminal to be set up in Karachi KARACHI, Dec 8: Pakistan is to set up an LNG import terminal at Karachi with an initial capacity of 2.5 mtpa equivalent of 300 mmcfd of natural gas....		Palm oil prices SINGAPORE, Dec 8: Malay-sian crude palm oil futures extended losses in active trade on Thursday but buying interest surfaced at lower levels and helped the benchmark contract to hold above key support at 1,400 ringgit....
Network KARACHI, Dec 8: Shell Pakistan and Dupont Pakistan Operations have launched “Dia”, a women’s network, committed to promoting and enhancing the influence of professional women in the corporate world....		Certification KARACHI, DEC 8: Agriauto Industries Limited has become the first company to receive the certification of ISO/TS 16949:2002, the latest standard developed by the big three manufacturers of auto parts in the USA....
Acquisition KARACHI, Dec 8: Starwood Hotels and Resorts Worldwide Inc has said that it has acquired the Le Meridien brand and the related management and franchise business for the portfolio of 130...		Karachi market rates KARACHI, Dec 8: The following were Thursday’s commodity market rates in rupees....