April 8, 2006	Saturday	Rabi-ul-Awwal 9, 1427

Please Visit our Sponsor (Ads open in separate window)

Investors protest tax relief to Tuwairqi KARACHI, April 7: Prime Minister Shaukat Aziz claims to have done away with the SRO culture in the country, but investors at the Karachi Export Processing Zone are desperately seeking government...		Supplies improve but no change in cement price KARACHI, April 7: Ban on cement exports to Afghanistan and other countries from April 6 has, so far, failed to make any impact on the prices and consumers are still paying higher rates....
Pakistanis invited to set up units in Iran’s zone KARACHI, April 7: The Chabahar Free Trade and Industrial Zone Organization, Iran, has invited Pakistani entrepreneurs to set up small and medium scale industries in the zone....		Etisalat pays another $640m KARACHI, April 7: Emirates Telecommunication Corporation (Etisalat) on Friday paid another instalment of $640 million as final payment of $1.4 billion to acquire PTCL, sources at the Privatisation Commission said....
Tariff-based system for auto parts import: Deletion plan to end ISLAMABAD, April 7: Pakistan has decided to introduce tariff based system (TBS) for local automobile industry from the next fiscal year rather to seek further waiver for the continuation of deletion programme under the agreement on Trade Related Investment Measures (TRIMs)....		Efforts on to exploit untapped resources ISLAMABAD, April 7: Petroleum and Natural Resources Minister Amanullah Khan Jadoon has said that the government is taking concrete steps to exploit the untapped hydrocarbon resources in order to keep pace...
KSE index hits new career-best level KARACHI, April 7: The KSE 100-share index on Friday finished at its all-time career-best level surpassing its all previous records boosted by massive buying in the leading base shares on the...		Buyers remain busy on cotton market KARACHI, April 7: Cotton market on Friday consolidated the overnight gains as spinners and mills remained active buyers at the current levels and again lifted substantial quantities below Rs2,500 per maund....
Karachi Port operations KARACHI, April 7: Four ships carrying containers, palm oil and to load naphtha are due to arrive at the outer anchorage on Saturday, according to KPT sources....		Port Qasim KARACHI, April 7: Two ships carrying containers and chemicals were berthed at QICT and EVT during the last 24 hours, said a PQA press release on Friday....
India targets 20pc export growth NEW DELHI, April 7: India said on Friday it was aiming for 20 per cent growth in exports in 2006/07 as demand from traditional and new markets increased but analysts said...		US economy creates 211,000 more jobs WASHINGTON, April 7: The US economy created 211,000 more jobs in March, according to a government report on Friday that President George W. Bush said revealed an “economic resurgence”....
Oil slips on hopes of Nigerian supplies LONDON, April 7: Oil prices eased on Friday on profit-taking after expectations rose that Nigeria, the biggest African exporter of crude oil, might recover production lost after militant attacks in the Niger Delta....		PTCL transfer on 12th ISLAMABAD, April 7: The completion of formal handing over of the Pakistan Telecommunication Company Limited (PTCL) management to Etisalat is targeted for April 12, 2006. Pursuant to the share purchase agreement...
Liquidity shortage persists KARACHI, April 7: The money market remained tight on Friday and the banks had to borrow cash from the discount window to meet the shortage. Friday being settlement day requires all...		TCP issues 50,000-ton sugar tender KARACHI, April 7: State-run Trading Corporation of Pakistan (TCP) on Friday issued a tender to buy 50,000 tons of white sugar, with shipment due in May and bids to be submitted by April 15, a TCP spokesman said....
Asian stock markets higher HONG KONG, April 7: Asian stocks closed with mostly modest Gains on Friday as investors paused for breath after another strong week and ahead of a key US employment report due later in the day, dealers said....		Palm oil rises SINGAPORE, April 7: Malaysian crude palm oil futures ended higher on Friday as traders covered short positions on market talk that overseas sales would rise this month, but a stronger ringgit was likely to limit gains....
Dubai rough diamond trade up DUBAI, April 7: Total trade in rough diamonds in Dubai grew by a record 46.25 per cent in 2005 to reach $3.73 billion, the Dubai Diamond Exchange (DDE) said on Friday....		Karachi market rates KARACHI, April 7: The following were Friday’s commodity market rates in rupees....