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| November 07, 2006 | Tuesday | Shawwal 14, 1427 |
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Bidding for refinery near Hub cancelled: Govt to sign accord with UAE company
ISLAMABAD, Nov 6: The government has cancelled its decision to hold International Competitive Bidding (ICB) for setting up of a $4-5 billion coastal refinery at Khalifa Point near Hub in Balochistan,... 
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Dairy farmers making case for hike in milk price
KARACHI, Nov 6: Dairy farmers have again started making a case for the price hike in fresh milk on the basis of rising feed ingredients’ prices while the city government appears...
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Private sector wants say in decision-making: Public utilities
KARACHI, Nov 6: Business and industry leaders are seeking representation on the boards of public utility companies and civic bodies in order to synergise their efforts to make these utilities more responsive to the development needs of the private sector....
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Balochistan govt mulls tax holiday in GIE
QUETTA, Nov 6: The Balochistan government will approach the federal government for giving tax holiday in the Gwadar Industrial Estate (GIE) to attract local and foreign investment in the new port city....
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Stocks falter on massive profit-selling
KARACHI, Nov 6: Stocks on Monday failed to extend weekend run-up on panic-selling in leading bank and oil shares followed by some rethinking on putting off the new risk management rules...
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Body to make setting up of REITs hurdle free
ISLAMABAD, Nov 6: The Securities and Exchange Commission of Pakistan (SECP) and Finance Ministry have decided to set up a joint task force for removing hurdles in the way of establishment and growth of Real Estate Investment Trusts (REITs)....
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German group to open chain of stores
ISLAMABAD, Nov 6: Metro Group — the German based wholesale distributors — plans to set up a chain of cash and carry outlets across Pakistan by the middle of next year with an investment of $200 million....
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Malaysian telecom firm to invest $100m
ISLAMABAD, Nov 6: A Malaysian telecommunication giant on Monday said it will continue to invest substantially in Pakistan, one of the fastest growing telecommunications markets in Asia....
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Lint prices rule firm on active buying
KARACHI, Nov 6: Trading on the cotton market on Monday resumed on firm note as mill support remained at its peak level followed by conflicting reports about the size of the crop....
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Palm oil up
KUALA LUMPUR, Nov 6: Malaysian crude palm oil futures closed higher in thin trade on Monday, boosted by higher prices of rival soyaoil and lack of sellers....
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Karachi Port operations
KARACHI, Nov 6: Seven vessels carrying palm oil, coal and to load molasses are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
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Port Qasim
KARACHI, Nov 6: Three ships to load and offload containers, seeds and wheat were allotted berths at QICT and MPT during the last 24 hours, said a PQA press release on Monday....
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Warid signs $500m loan
LAHORE, Nov 6: A cellphone operator, Warid Telecom, has signed a loan agreement for $500 million to finance its nationwide EDGE--compliant mobile network expansion supplied by Ericsson in Pakistan, says a press release issued on Monday....
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Karachi market rates
KARACHI, Nov 6: The following were Monday’s commodity market rates in rupees....
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