December 27, 2005	Tuesday	Ziqa’ad 24, 1426

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Farm goods may get special treatment: Protective measures ISLAMABAD, Dec 26: Commerce Minister Humayun Akhtar Khan said on Monday that Pakistan could designate farm goods as special products to provide protection to the local production against the cheap imports....		Petrol sales drop by 9pc in 5 months KARACHI, Dec 26: The sale of petrol in the country has declined by nine per cent during July-November, 2005 as compared to the same period of the previous year due to...
SBP to issue new monetary policy ISLAMABAD, Dec 26: The State Bank of Pakistan (SBP) is to issue its next monetary policy statement in January, which will remain valid till the end of the current financial year, says a senior government official....		Gas tariffs to hit Sindh industry KARACHI, Dec 26: The export-oriented and value-added textile industry in the province of Sindh in general and Karachi city in particular are bound to face great hardships due to 17 per cent hike in gas prices effective from January 1, 2006....
Share prices nosedive as support turn shy KARACHI, Dec 26: Trading volume on the stock market on Monday fell to a year’s lowest ebb at 149m shares in the absence of strong buying on any of the counters...		Trading gets slow on cotton market KARACHI, Dec 26: Trading on the cotton market on Monday resumed on quiet note as both ginners and spinners kept to the sidelines most of the time owing to delivery problems because of coming Eid holidays....
SBP dollar buying creates liquidity KARACHI, Dec 26: Bankers said that the State Bank of Pakistan (SBP) has bought over $400 million from the market, which created excess liquidity. It is now being pumped out through T-bills and Open Market Operations, (OMOs)....		CIRC successfully achieves targets ISLAMABAD, Dec 26: Prime Minister Shaukat Aziz here on Monday said the Corporate and Industrial Reconstruction Corporation (CIRC), which was set up as an important part of government’s financial sector reforms,...
8 bedlinen exporters to submit comments: EU dumping review ISLAMABAD, Dec 26: The eight bedlinen exporters would submit their comments on the revised disclosure of the interim review to European Commission (EC) latest by January 9, 2006....		PICIC Energy Fund share offering from 28th KARACHI, Dec 26: PICIC Energy Fund (PEF) is to make its Initial Public Offering (IPO) of shares valuing Rs250 million (plus green shoe option of Rs500 million) on Dec 28-29 (Wednesday-Thursday)....
Income tax refund payment simplified ISLAMABAD, Dec 26: The Central Board of Revenue (CBR) on Monday allowed direct credit of the refund of income tax to the taxpayers through banks....		SECP advice to listed companies ISLAMABAD, Dec 26: The SECP has directed listed companies to provide adequate information to their shareholders in case of disposal of complete undertakings or their sizable parts....rs of production....
Opec shrugs off rise in Russian oil output MOSCOW, Dec 26: Russia will boost oil output over the next 10 years to meet rising global demand but Opec is not concerned about losing market share to Russia, officials said...		Tokyo gold jumps TOKYO, Dec 26: Tokyo gold futures jumped nearly 2 per cent to their highest in nearly a week on Monday as a recovery in dollar-based prices prompted active bargain-hunting by investors and trading houses based on the metal’s strong fundamentals....
Indian rupee higher MUMBAI, Dec 26: The rupee rose to a one-week closing high on Monday, buoyed by foreign fund inflows and dollar selling by local banks seeking to raise rupee funds amid a cash squeeze which dragged federal bonds lower....		Karachi Port operations KARACHI, Dec 26: Six vessels carrying lube oil, coal and machinery are expected to arrive at the outer anchorage on Tuesday, according to KPT sources. Berthing activity at the wharves was relatively slow owing to fall in arrivals....