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| October 28, 2006 | Saturday | Shawwal 4, 1427 |
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Business, industry suffer huge losses: Extended Eid holidays
KARACHI, Oct 27: The nation has to suffer billions of rupees loss in industrial production owing to extended Eidul Fitr holidays which resulted in long closure of production facilities throughout the country.... 
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SBP lifts all restrictions on lending: Sugar industry
KARACHI, Oct 27: The State Bank has withdrawn all restrictions imposed on lending to sugar industry with immediate effect. In a circular issued here on Friday, the SBP said all restrictions...
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India okays direct shipping links with Pakistan
NEW DELHI, Oct 27: Indian government approved a plan on Friday to restore direct cargo shipping links with Pakistan after a gap of 35 years, but only for ships from third countries, officials said....
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City govt to continue price checking campaign
KARACHI, Oct 27: The City government has decided to continue price checking campaign and will also request the provincial government to let it handle the fixing and checking of sugar and flour prices....
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Listless trading on cotton market
KARACHI, Oct 27: The post-holiday trading session on the cotton market was insipid as buyers and sellers remained busy in exchanging eid greetings rather than indulging in physical business.Floor...
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Oil prices rise after Saudi terror threats
LONDON, Oct 27: World crude prices firmed on Friday after news of a potential terrorist threat to installations in Opec kingpin Saudi Arabia, the world’s biggest oil producer, traders said....
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European stocks down on US growth concerns
LONDON, Oct 27: European stocks closed lower on Friday after third-quarter US economic growth came in at the weakest in more than three years and US stocks slipped....
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PM for development of SME sector
ISLAMABAD, Oct 27: The government is working for the development of SME sector by creating a facilitating environment and improvement of support services to enable the small and medium enterprises contribute in growth and development of the country....
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US oil companies riding ‘black gold’ boom
WASHINGTON, Oct 27: The US economy might be slowing, but the oil industry is riding a “black gold” boom as gushing oil wells swell the corporate coffers of ExxonMobil, Chevron and ConocoPhillips by billions of dollars....
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Malaysian palm oil exports up 7.4pc
KUALA LUMPUR, Oct 27: Exports of Malaysian oil products for October 1-25 rose 7.4 per cent to 1,178,379 tons from the 1,097,233 tons shipped between Sept 1 and 25, cargo surveyor Societe Generale de Surveillance said on Thursday....
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