March 2, 2006	Thursday	Safar 1, 1427

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Livestock development policy gets go-ahead ISLAMABAD Mar 1: Prime Minister Shaukat Aziz on Wednesday gave an approval to the new livestock development policy focussing on the utilization of full potential of livestock for reducing poverty and enhancing export through public and private sectors....		Sugar, tetra milk, pulses, tomato become costlier KARACHI, March 1: Prices of sugar, tetra milk, tomato, moong and mash surged during the last one month while poultry bird, egg and onion recorded decline in their prices....
Request for new market access ISLAMABAD, March 1: Pakistan along with other 13 developing countries has submitted new market access requests in three modes of services as part of Doha Development Agenda (DDA) negotiations in services....		Economy faces three main challenges KARACHI, March 1: Pakistan’s economy is facing three big challenges: rising inflation, widening trade gap and soaring budget deficit. During July-Jan 2005-06, inflation rose by 8.5...
Power sector sell-off to get pace ISLAMABAD, March 1: Privatization and Investment Minister Dr Abdul Hafeez Shaikh has said the pace of privatization in electricity sector will get momentum after the sell-off of the KESC....		Stocks add 18 points as default fears allayed KARACHI, March 1: Stocks on Wednesday managed to finish partially recovered from the initial lows on late short-covering in the leading base shares aided by reports of smooth settlement of forward...
Spinners resume buying on cotton market KARACHI, March 1: Cotton market on Wednesday resisted fresh decline as some of the spinners resumed their covering operations at the overnight lower levels amid actively traded session....		EU states meet on 9th to approve duty cut KARACHI, March 1: European Union member states will meet on March 9 to give their consent for further reduction in anti-dumping duty on import of bedlinen from Pakistan....
PQA hires consultant for uplift plan KARACHI, March 1: The Port Qasim Authority has hired the services of a consultant to carry out a study and suggest the development plan for a 45-km long water front of the port starting from Gizri Creek to Gharo....		EDF board approves Rs55.2m in assistance ISLAMABAD, March 1: The Export Development Fund (EDF) board has approved Rs55.2 million for implementation of the initiatives announced in the Trade Policy 2005-06....
Firms told to hold board meetings on time KARACHI, March 1: The Securities and Exchange Commission of Pakistan (SECP) has directed companies to hold the election of directors immediately on expiry of the fixed term of three years....		ICI to announce results today KARACHI, March 1: ICI Pakistan is forecast to post 52 per cent increase in recurring profit after tax for the year ended December 31, 2005, from Rs1.06 billion the previous year....
Non-member directors appointed by SECP KARACHI, March 1: Four non-member directors were formally appointed by the Securities & Exchange Commission of Pakistan (SECP) on Wednesday. In a letter issued to the Karachi Stock Exchange on Wednesday,...		Oil prices rise LONDON, March 1: World oil prices climbed on Wednesday on persistent worries over global supplies, particularly from Nigeria, despite news of healthy crude stockpiles in major consumer the United States....
Karachi Port operations KARACHI, March 1: Five ships carrying containers and general cargo and to load fresh fruits are due to arrive at the outer anchorage on Thursday, according to KPT sources....		Govt asked to review steel import decision LAHORE, March 1: All Pakistan Steel Re-Rolling Mills Association has urged he government to review its decision of allowing duty free import of mild steel structure from India as it might seriously hit the local industry....
Voice, data technology KARACHI, March 1: Telecard is providing voice and data connectivity for the National Education Database Pakistan (NEDP) project using wireless local loop technology....		Blankets delivery KARACHI, March 1: DHL in partnership with Mercy Corps, a US-based relief organization, announced on Wednesday the successful delivery of more than 100,000 survival blankets and 50,000 winter jackets to the victims of quake-hit areas....
Honorary CG KARACHI, March 1: On the commission of the president of Yemen, Prime Minister Shaukat Aziz and President Pervez Musharraf have appointed Dr Mirza Ikhtiar Baig, former chairman of the Site Association,...		EDB urges traders to seek new markets ISLAMABAD, March 1: Chief Executive Officer of Engineering Development Board (EDB) Imtiaz A Rastgar has called upon industrialists to study seriously trends of world trade in order to increase exports....
Bestway profits up by 62pc ISLAMABAD, March 1: The after-tax profit of Bestway Cement has increased by 62 per cent to Rs659 million during the first half of the current fiscal year....		Seminar on auditing KARACHI, March 1: The southern regional committee of the Institute of Chartered Accountants of Pakistan (ICAP) organized a seminar on Update on International Standards on Auditing on Wednesday....