November 13, 2005	Sunday	Shawwal 10, 1426

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KESC offers relief packages: Recovery of Rs22bn KARACHI, Nov 12: The Karachi Electric Supply Corporation (KESC) management is offering relief packages for the collection of over Rs22 billion from various agencies. This includes Rs10.21...		CNG, LPG bodies at loggerheads: LPG use in vehicles KARACHI, Nov 12: The LPG Association of Pakistan (LPGAP) and the CNG Station Owners Association of Pakistan (CNGSOAP) are now at loggerheads, as stakeholders in LPG trade think that it is...
Dumping duties imposed on four countries ISLAMABAD, Nov 12: The National Tariff Commission (NTC) on Saturday imposed provisional anti-dumping duties on imports of polyester filament yarn (PFY) into Pakistan originating in or exported from Indonesia, Korea, Malaysia and Thailand....		State Bank injects Rs26bn KARACHI, Nov 12: The State Bank on Saturday injected Rs26.280 billion into the banking system which had been running short of liquidity for more than a month....
CFS rates modestly higher KARACHI, Nov 12: The weighted average rate under the Continuous Funding System (CFS) showed a marginal increase at 16.8 per cent as compared to the previous week’s 16.6...		Pakistan for early end of tariff talks KARACHI, Nov 12: Dr Manzoor Ahmed Khan, Ambassador and Pakistan’s permanent representative at WTO, Geneva, said on Saturday Pakistan was striving hard for an early conclusion of negotiations on lowering of...
Faruki elected KCCI chief KARACHI, Nov 12: Haroon Faruki has been elected president of the Karachi Chamber of Commerce and Industry (KCCI) for the remaining one year term. The post has become vacant after the resignation of Khalid Firoz....		Zero ST on local supply ISLAMABAD, Nov 12: The Central Board of Revenue has extended the zero rating of sales tax on local supply for three months to earthquake relief activities....
Chicken prices on rise KARACHI, Nov 12: Chicken prices continued showing upward trend, rising to Rs86 per kg from Rs80 on November 9. The price chicken meat is ruling at Rs140 per kg from Rs135 a few days back....		US trade chief urges resolving farm issues NEW DELHI, Nov 12: Developed and developing nations need to solve contentious agricultural issues such as farm subsidies for the success of global trade talks, US trade chief Rob Portman said on Saturday....
Cotton prices up KARACHI, Nov 12: The cotton market on Saturday consolidated the overnight gains as spinners and mills made fresh commitments amid prevailing panic about the future supplies....		Poor states urged to invest forex abroad WASHINGTON, Nov 12: Developing countries should use some of their foreign exchange stockpiles to help domestic savers invest some savings overseas without triggering massive capital flight, the International Monetary Fund’s top economist said in a recent paper....
NY cotton recovers losses NEW YORK, Nov 12: Cotton futures settled with strong gains on Friday, reversing earlier losses and a long string of lower closes, when some rollover selling seemed to have run its course and new buying emerged, traders said....		Iraq may hit pre-war export levels NEW YORK, Nov 12: Iraqi Deputy Prime Minister Ahmad Chalabi said on Friday the Opec member could return its oil exports to pre-war levels by mid 2006....
Banking diploma results KARACHI, Nov 12: The Council of the Institute of Bankers Pakistan has announced the result of Banking Diploma Examination held in September 2005. Following candidates have passed Part-II, Stage-III, Stage-II, Stage-I and Special Certificate Examination, says a press release....		Karachi Port operations KARACHI, Nov 12: Three ships carrying containers and crude oil are expected to arrive at the outer anchorage on Sunday, according to KPT sources. Berthing activity at the wharves was modest...