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September 17, 2006 Sunday Sha'aban 23, 1427 Pakistan to halve poverty by 2015: Achieving millennium goals SINGAPORE, Sept 16: Pakistan is all set to achieve the millennium development goals (MDG) by slashing the poverty level by half from above 30 per cent in the year 2000 to 15 per cent by the year 2015.... Consumers to pay more for tetra milk KARACHI, Sept 16: Consumers will not only be paying high prices for pulses and rice in Ramazan but also for tetra milk from next week as the government seems incapable of... Aptma to file submission in favour of suppliers: Probe into PSF dumping LAHORE, Sept 16: The All Pakistan Textile Mills Association (Aptma) hopes to finalise and file its submission, rebutting the charges against foreign suppliers of synthetic fibre, with the NTC in the next 10-15 days.... Trade deficit swells to $2.13bn in two months ISLAMABAD, Sept 16: Pakistan’s trade deficit widened by 36.66 per cent in the first two months (July-August) of the fiscal year 2006-07 to its highest level as oil prices hit and imports of petroleum and capital goods also set a record.... Engro Foods plans capacity expansion KARACHI, Sept 16: Engro Foods Limited, a wholly owned subsidiary of the stock market listed Engro Chemical Pakistan Limited, announced on Friday that the Board had approved investment of Rs2 billion... Sugar mills’ assets to be sold KARACHI, Sept 16: The Sindh Sugar Corporation has decided to liquidate Thatta and Dadu sugar mills and will soon appoint a liquidator to dispose of assets worth Rs1,300 million.... Majyd Aziz new KCCI president KARACHI, Sept 16: Majyd Aziz has become new president of the Karachi Chamber of Commerce and Industry (KCCI) for the next one year after beating independent candidate Zakariya Usman in the annual general election of the chamber held here on Saturday.... Monetary growth exceeds target in 2005-06 KARACHI, Sept 16: Data for the fiscal year 2005-06 issued by the State Bank on Saturday showed that monetary growth was 15.18 per cent, which was much higher than the target.... PM for completion of projects ISLAMABAD, Sept 16: Prime Minister Shaukat Aziz has emphasised the need for greater inter-provincial coordination at minister level to expedite the implementation process of local and foreign-funded projects.... CFS rates show no change KARACHI, Sept 16: CFS rates on the Karachi Stock Exchange last week remained pegged around the previous level of 13.47 per cent well below the cap of 18 per cent as... Businessmen urged to help raise tax-to-GDP ratio KARACHI, Sept 16: Chairman Central Board of Revenue (CBR) Abdullah Yousuf has said that the government has to follow a tight monetary policy to keep inflation under check and to ensure... Investment prospects discussed KARACHI, Sept 16: UAE Consul General Suhail Matar Saeed Al-Ketbi on Saturday called on Sindh Chief Minister Dr Arbab Ghulam Rahim and discussed with him investment opportunities in the province.... Karachi Port operations KARACHI, Sept 16: Eight ships carrying DAP fertiliser and containers are expected to arrive at the outer anchorage on Sunday, according to KPT sources.... Port Qasim KARACHI, Sept 16: Two ships carrying chemicals and diesel oil were berthed at MPT and Fotco Terminal during the last 24 hours, said a PQA press release on Saturday.... Prices ease slightly on cotton market KARACHI, Sept 16: Cotton prices on Saturday eased modestly as ginners continued to unload their long positions amid conflicting reports about the size of the crop.... G7 tells China to let its currency float free SINGAPORE, Sept 16: The Group of Seven rich nations urged China on Saturday to let its currency rise faster to help ease perilous imbalances in trade and backed a rise in the yen to reflect Japan''s strengthening economic recovery.... Sentiments rule crude affairs RIYADH, Sept 16: Sentiments rule crude affairs. And Vienna was no exception. Despite deciding to roll over the current output quota, for various reasons, all eyes continue to stay glued to emerging signals from the softening crude markets.... Oil, metal prices slide LONDON, Sept 16: World oil prices extended their slump this week owing to easing supply concerns, striking their lowest levels for almost six months and causing heavy losses to metals, notably gold which hit a near three-month low....

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