December 29, 2005	Thursday	Ziqa’ad 26, 1426

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Inflated prices push up kitchen budget KARACHI, Dec 28: The burden of kitchen budget on consumers has increased over the last one year because of price hike in some pulses, sugar, meat, fresh loose milk, etc, while...		SECP move to amend regulations: Election of bourses’ chairman ISLAMABAD, Dec 28: The Securities and Exchange Commission of Pakistan (SECP) has moved to amend regulations for the election of a non-member director as the chairman of the Karachi Stock Exchange...
FPCCI for 50pc co-efficient to protect industry KARACHI, Dec 28: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) wants the government to negotiate for 50 per cent co-efficient under Swiss formula for Non-agriculture Market Access (NAMA),...		Talks on EHP with Thailand in Feb ISLAMABAD, Dec 28: Pakistan and Thailand will hold second round of study group meeting in February next to pave the way for initiation of talks on the early harvest programme (EHP)leading to zero rate of duty....
Heavy buying in banks’ shares KARACHI, Dec 28: Stocks on Wednesday remained in a bullish frame of mind but late selling in some of the leading shares allowed them to finish with clipped gains amid active trading....		Conflicting estimates mar trading on cotton market KARACHI, Dec 28: Cotton prices on Wednesday eased from the recent higher levels for no apparently immediate bearish reason but quality lint remained in active demand and at the higher levels....
Record growth in credit to private sector KARACHI, Dec 28: Faster-than-anticipated growth in credit off-take by the private sector could jeopardize the State Bank’s efforts to keep the monetary growth under control and inflation within limits....		S&P rating for Pakistan revised LONDON, Dec 28: Standard & Poor’s revised its foreign currency credit rating on Pakistan to positive from stable on Wednesday, citing improvements in external debt indicators....
Oil prices fall on expected US warm weather LONDON, Dec 28: World oil prices dipped slightly Wednesday on expectations of warmer weather in the United States, the world’s biggest consumer of energy, analysts said....		NTC to consider proposal ISLAMABAD, Dec 28: The National Tariff Commission (NTC) is considering a proposal to increase customs duty from 10 per cent to 25 per cent on import of Cefixime — a pharmaceutical raw material to provide tariff protection to indigenous industry....
Gold edges up LONDON, Dec 28: Gold held its firm tone in Europe to touch a two-week high in thin trade on Wednesday, with funds and investors seen pushing the market higher in 2006, dealers said....		Malaysian palm oil lower KUALA LUMPUR, Dec 28: Malaysian crude palm oil futures gave up a firm trend from the morning to end lower on Wednesday after weak prices of US soyaoil weighed on the market....
Asian stocks close mixed HONG KONG, Dec 28: Asian stocks closed mixed on Wednesday with Tokyo providing a rare highlight, after falls on Wall Street weighed on most markets in thin trade ahead of the New Year holiday, dealers said....		Karachi Port operations KARACHI, Dec 28: Eight ships including a car carrier carrying palm oil, steel and coal are expected to arrive at the outer anchorage on Thursday, according to the KPT sources....