April 2, 2006	Sunday	Rabi-ul-Awwal 3, 1427

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Lanka seeks investment in textile sector ISLAMABAD, April 1: Pakistani textile manufacturers will be extended maximum facility in the establishment textile units in Sri Lanka to get maximum benefits from the European Union’s generalized system of preferences (GSP) plus scheme....		Exhibition improves Karachi’s image KARACHI, April 1: The city of Karachi is expected to shake off its image of a troubled port city of Pakistan as the hi-fi five-day export exhibition —- Expo Pakistan 2006...
Event to boost investor confidence KARACHI, April 1: The arguably successful holding of the five-day grand show of Expo Pakistan 2006 would be more important for its ‘substance’ than ‘form’ for the country’s corporate sector....		Expo 2006 visitors discover real Pakistan KARACHI, April 1: The warm reception accorded to the Expo Pakistan 2006, currently in progress at Expo Centre in Karachi, by the foreign businessmen, only goes to reconfirm the fact that...
CBR told to issue SRO immediately: Withdrawal of ST on sugar KARACHI, April 1: The government has asked the Central Board of Revenue to immediately issue a notification for the withdrawal of sales tax on sugar at import stage to provide some relief to consumers and ensure uninterrupted supply....		Exhibitors complain of limited entry passes KARACHI, April 1: Exhibitors at the Expo 2006 Pakistan complain of issuance of only two entry passes for each stall by the Export Promotion Bureau for inviting their guests....
Pulses, milk, sugar and beef become dearer KARACHI, April 1: Consumers paid higher price for pulses, fresh milk, sugar, and beef and other edibles last month against witnessing some relief in cost of poultry, ginger, and tomato....		Buyers await outcome of TCP tender KARACHI, April 1: The cotton market finished the weekend session on a quietly steady note as leading buyers awaited the outcome of their bids against the TCP tender for the sale of 50,000 bales....
Zarai Bank to disburse kharif loans ISLAMABAD, April 1: Zarai Taraqiati Bank Limited (ZTBL) is all set to start disbursement of loans for kharif crops under Zarkhaiz scheme from Monday. According to a press release issued here on Saturday the bank had already earmarked Rs17.245...		Karachi Port operations KARACHI, April 1: Four vessels carrying containers are expected to arrive at the outer anchorage on Sunday, according to KPT sources. Berthing activity at the wharves was relatively slow where four ships, Calvia P....
80pc cases against taxpayers frivolous ISLAMABAD, April 1: Central Board of Revenue Chairman M. Abdullah Yousuf on Saturday admitted that 70-80 per cent cases against taxpayers were instituted on frivolous grounds during the past years....		CFS rates slightly down KARACHI, April 1: The weighted average CFS rates on the Karachi Stock Exchange last week showed a modest fall of 20 basis points, below the cap of 18 per cent after...
Third party PSI, health certification KARACHI, April 1: A private company of world repute will issue third party pre-shipment inspection (PSI) and health certificates to small and medium enterprises (SMEs) for their export consignments to meet buyers’ conditions the world over....		Metals prices strike gold, oil futures surge LONDON, April 1: Precious and base metals raced to historic and multi-year high points this week on heavy buying by investment funds. Base and precious metals remain in a virtuous circle...
US stocks end lower NEW YORK, April, 1: US stocks ended the quarter on a down note on Friday as a drop in crude oil prices drove energy shares down and offset the positive influence of data showing tame US inflation and healthy economic growth....		Saudi stocks slide RIYADH, April,1: The main Saudi stock index fell by more than 5 per cent in early trading on Saturday with investors selling key blue chips after the bourse relaxed its grip on price movements....
NY cotton settles easier NEW YORK, April,1: Cotton futures ended lower on Friday due speculative sales and switch trade, pressured by a government report which forecast a rise in US cotton plantings, analysts said....		Dollar up as expectations mount for Fed hikes NEW YORK, April, 1: The dollar rallied on Friday after a slew of economic data reinforced the view that the Federal Reserve will most likely raise US rates at least once more this year....