May 25, 2006	Thursday	Rabi-us-Sani 26, 1427

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NIT data room to be opened for bidders KARACHI, May 24: The Privatisation Commission will unlock ‘data room’ for NIT’s qualified bidders to conduct due diligence following its meeting on Thursday....		Gwadar port lacks modern equipment KARACHI, May 24: Gwadar— the only deep sea port outside the strategic straits of Hormuz, seems to be attracting more criticism than attention of Pakistan’s trading partners....
Duty on pulses export causes stir in market KARACHI, May 24: The government’s decision to impose a 35 per cent regulatory duty on export of all pulses last week has caused a stir in the market....		Pakistan still facing major economic risks WASHINGTON, May 24: Pakistan appears to have failed to benefit from economic benefits offered after the September 11, 2001 terrorist attacks which could have been used to build a solid economic base for the country, experts say....
KSE 100-share index crosses 11,000-point barrier KARACHI, May 24: Stocks on Wednesday rebounded from the recent lows on active short-covering at the blue chip counters aided by market talk that the next budget is expected to be more corporate-friendly, with a number of tax relieves for investors....		Cotton market rules firm KARACHI, May 24: The cotton market on Wednesday showed firm trend as official spot rates were revised upward by Rs25 per maund in line with those at which physical business is being transacted....
Zero-rated machinery imports proposed ISLAMABAD, May 24: Ministries of commerce and textile have proposed to the budget-makers to include locally manufactured machinery in the zero-rated duty scheme for the export-oriented industries in the next budget....		Oil falls on easing supply concerns LONDON, May 24: World oil price slid on Wednesday after official data revealed a strong jump in stockpiles of US gasoline, or motor fuel, last week, analysts said....
EU offers draw cool response at OECD moot PARIS, May 24: A signal from the EU that it would be prepared to improve its offer on farm products to unblock stalled WTO talks drew a cool response from Washington...		OECD elects new chief PARIS, May 24: Former Mexican finance minister Angel Gurria took the helm of the OECD on Wednesday as ministers concluded their talks at the organisation’s annual conference with an upbeat assessment of the world economy....
Pakistan may face sugar shortfall KARACHI, May 24: Pakistan is likely to face a shortfall of around 900,000 tons of refined sugar in the production year starting November, making further buying from India probable, industry and trade officials said on Wednesday....		Oil stakes PARIS, May 24: French oil group Total said on Wednesday it had signed two agreements covering its participation in four new deep-sea oil fields off the north western coast of Australia....
ACD forum to cooperate in energy sector DOHA, May 24: Asian foreign ministers on Wednesday endorsed the creation of a forum to promote regional energy cooperation and called for oil export profits to be reinvested in the region....		Palm oil prices KUALA LUMPUR, May 24: Malaysian crude palm oil futures shed early gains to close Wednesday down as traders liquidated positions on growing fears that exports for May would fall short of last month’s figures, dealers said....
Port Qasim KARACHI, May 24: A record cargo volume of 117,606 tons comprising 84,483 tons of import and 33,123 tons of export tonnage was handled at port on Tuesday, said a PQA press release on Wednesday....		Karachi Port operations KARACHI, May 24: Six ships, including two carrying 26,500 tons of sugar, are expected to arrive at the outer anchorage on Thursday, according to KPT sources....