Builders threaten to shut business
KARACHI, Feb 12: Leaders of construction and development industry have threatened to close down their business because of what they allege indifferent attitude of government agencies towards their problems.
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Govt to abolish negative list under ATTA
ISLAMABAD, Feb 12: Pakistan has decided to do away with the negative list to allow Afghanistan to import all items via land route under the transit trade agreement, Dawn has learnt through reliable sources.
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Pakistani, Indian firms prepare for oil trade
NEW DELHI, Feb 12: India's top refiners are ready to export diesel to Pakistan but oil firms in both nations are waiting for a green light from their governments before negotiating a deal, industry officials said on Thursday.
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Pakistan sells $500m Eurobond at 6.57pc: Orders reach $2 billion
LONDON, Feb 12: Pakistan's Eurobond launch lived up to high expectations on Thursday, as a heavily oversubscribed $500 million deal reopened the international market for the nation's debt.
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Private sector to have role in port affairs
KARACHI, Feb 12: Chairman Karachi Port Trust (KPT), Vice Admiral Ahmed Hayat said on Thursday that presently the port was in transformation period from the status of an authority to 'landlord authority port' aimed at ensuring maximum benefit to the economy and port users.
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US economic assistance covers four key areas
KARACHI, Feb 12: The consul general of the United States Douglas C Rohn on Thursday said that presently the US economic assistance was being given in four key areas, including education, maternal and child health, good governance and micro credit.
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Machinery imports rise 23pc in seven months
ISLAMABAD, Feb 12: Machinery imports ($1,944.80 million) rose by 23.07 per cent during the first seven months of the current financial year over the corresponding period of previous year.
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Switzerland offers direct trade to Sialkot
SIALKOT, Feb 12: Swiss ambassador Christian Dunant has offered direct trade to Sialkot, and through Switzerland it could capture "the European international trade and export markets by exporting best quality traditional and non-traditional items."
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Cotton market lacks normal trading
KARACHI, Feb 12: Cotton market on Thursday lacked normal trading interest as spinners again adhered to the sidelines awaiting further developments on the world markets.
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Stocks fall 85 points on Bush's nuclear warning
KARACHI, Feb 12: Stocks on Thursday fell across-the-board on panic selling triggered by US President George W. Bush's vow to eliminate weapons of mass destruction from any part of the world, pushing a perfectly bullish market in the reverse gear just in one go.
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