February 23, 2006	Thursday	Muharram 24, 1427

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Punjab to export surplus wheat KARACHI, Feb 22: The Punjab government is exploring export prospects of its carry-over surplus wheat stocks of more than 1.5 million tons to various countries including India and Turkey....		Bird flu scare hits chicken sales KARACHI, Feb 22: People are reluctant to purchase chicken over the last two days after the news that bird flu has hit neighbouring countries, especially India and Iran....
Gas pipeline minus India also feasible KARACHI, Feb 22: Managing Director Sui Southern Gas Company Limited (SSGCL), Munawar Baseer Ahmad, while expressing the Pakistan’s government position, has said that the Iran-Pakistan-India Gas Pipeline project will remain feasible...		Rice stakeholders urged to forge cooperation KARACHI, Feb 22: Acting President Mohammedmian Soomro has asked rice exporters to extend financial and technical assistance to millers and growers for improving quality and increasing rice production....
Profit-taking halts upward journey on stock market KARACHI, Feb 22: Active profit-selling in the overvalued oil shares on Wednesday weighed heavily against the underlying sentiment, halting temporarily the market’s upward drive, although strong buying in the bank shares limited the market decline....		Buying picks up on cotton market KARACHI, Feb 22: Physical activity on the cotton market on Wednesday picked up modestly as spinners lifted all the lots offered below Rs2,600 per maund....
Euro, yen, pound fall against dollar KARACHI, Feb 22: All major currencies except Pak Rupee witnessed a big slash in their values against the greenback during 2005 mainly, because of higher oil prices, which kept the demand for dollar high the world-over....		MOL still assessing Tal block findings BUDAPEST, Feb 22: Hungarian oil and gas group MOL said on Wednesday that test data from drills in the Tal block gas and oil field in Pakistan were encouraging but still in an early stage....
KSE asks for comments KARACHI, Feb 22: The Karachi Stock Exchange on Wednesday asked Pakistan Oilfields Limited (POL) to offer comments in respect of second oil and gas find in Tal block in the Frontier Province....		Banks lent Rs71.7bn to farm sector in 7 months KARACHI, Feb 22: Banks lent Rs71.76 billion to the farm sector during the first seven months (July-Jan) of this fiscal year. This lending was 25 per cent more than their agricultural lending of Rs57.52...
Telecom sector sees phenomenal growth: PM ISLAMABAD, Feb 22: Prime Minister Shaukat Aziz said on Wednesday Pakistan was geared to be a major destination for software and business process outsourcing....		Gold prices soar LONDON, Feb 22: Gold prices soared 7.0 per cent in value during 2005, hitting multi-year highs owing partly to surging jewellery demand from India, China and the Middle East, the World Gold Council said here on Wednesday....
Participation in Hannover fair lauded ISLAMABAD, Feb 22: Participation in the Hannover industrial fair is a commendable initiative taken by the minister for industries and production. This was given a much-needed exposure to Pakistani entrepreneurs that...		EoIs for FESCO invited ISLAMABAD, Feb 22: The Privatization Commission (PC) on Wednesday invited expressions of interest (EoIs) from qualified strategic investors or consortia for acquiring 56 per cent equity stake including management control in Faisalabad Electric Supply Company (FESCO)....
IBP training programme KARACHI, Feb 22: The Institute of Bankers Pakistan has started a two-week training programme for 21 central bankers from Afghanistan....		Meeting KARACHI, Feb 22: The Pakistan German Business Forum has hosted a luncheon meeting for the executives of the Wurth group....
Port Qasim KARACHI, Feb 22: Two ships carrying edible oil and diesel oil were berthed at MPT and Fotco Terminal during the last 24 hours, said a PQA press release on Wednesday....		Karachi Port operations KARACHI, Feb 22: Seven ships carrying steel cargo, high speed diesel and containers are due to arrive at the outer anchorage on Thursday, according to KPT sources....