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February 11, 2007 Sunday Muharram 22, 1428 Cement makers agree to cut price ISLAMABAD, Feb 10: The government and the All-Pakistan Cement Manufacturers Association (APCMA) on Saturday reached an agreement to bring down cement price to Rs260 per bag from Rs300.... Onion, rice, LPG prices go up ISLAMABAD, Feb 10: Prices of 17 kitchen items, including onions, registered a massive increase during the week ended Feb 9, statistics division said on Saturday.... All quiet on property front in major cities The hustle and bustle and vertically climbing prices that characterised real estate market witnessed across the country couple of years ago, looks all but over, at least for the present.... Prices decline in NWFP PESHAWAR, Feb 10: Real estate prices in major towns of NWFP remain stagnant for the last one year owing to absence of potential investors in the market.... Property rates stabilising in Lahore LAHORE, Feb 10: The real estate prices in the provincial capital are said to be showing signs of recovery after hitting the lowest levels in the last five years.... Out of 80 housing schemes a dozen get land ISLAMABAD, Feb 10: After a year-long slump in real estate sector in the twin cities of Rawalpindi and Islamabad, some activities point to an upward trend in the business.... Mismatch in demand and supply in Multan MULTAN, Feb 10: The demand for housing units and office buildings has surged in Multan following a population explosion that has created opportunities for realtors. It, however, has pushed up real estate prices beyond the affordability of the majority.... Real estate prices rise 100pc in Gwadar QUETTA, Feb 10: The real estate business responded differently in Quetta and Gwadar reacting to administrative actions and the political climate with varying prices at different level.... Plans to boost export of leather goods ISLAMABAD, Feb 10: The government is considering reducing cost of production of leather products by decreasing prices of utilities to enhance exports.... Nasdaq loses battle for LSE LONDON, Feb 10: The US stock exchange operator Nasdaq failed on Saturday to win control of the London Stock Exchange after LSE shareholders decided overwhelmingly against backing a hostile takeover worth 2.9... Hectic buying on cotton market KARACHI, Feb 10: Cotton prices on the Karachi Cotton Exchange remained stable as spinners and mills made active covering purchases against their foreign sales.... Sustained inflow of capital urged ISLAMABAD, Feb 10: Three leading international financial institutions in their reports have advised Pakistan to ensure sustained inflow of non-debt creating capital for financing the unprecedented current account deficit.... TDAP to ensure global marketing of local goods: First board meeting on 13th KARACHI, Feb 10: The first board meeting of the newly-formed Trade Development Authority of Pakistan (TDAP) will be held on Tuesday for seeking approval relating to financial and budgetary matters for... Karachi Port operations KARACHI, Feb 10: Five ships carrying containers, steel and to load rice are due to arrive at the outer anchorage on Sunday, according to KPT sources.... CFS rates unstable KARACHI, Feb 10: After having touched the peak of Rs52.3 billion, the CFS investment on the Karachi Stock Exchange fell to Rs50.9 billion during the week as demand for funds shrank late last week, analysts said.... Little headway on climate ESSEN, Feb 10: Group of Seven finance chiefs made little headway here on energy and global warming questions, the German finance minister disclosed on Saturday at the end of a meeting... Mobile operators to pay fee for installing BTS KARACHI, Feb 10: The Sindh Local Government has fixed annual fee for installation of base trans-receiver stations (BTS) by mobile phone companies at Rs20,000 to Rs30,000 depending on the location of the tower.... US stocks faces correction on inflation jitters NEW YORK, Feb 10: Wall Street has gotten a new case of inflation jitters, with oil prices back on the rise and the Federal Reserve sounding more hawkish on interest rates.... G7 repairs rifts over yen, takes shot at yuan ESSEN, Germany, Feb 10: World finance leaders wrapped up a two-day meeting here on Saturday, papering over rifts that had opened up over the weakening yen and giving a generally favourable assessment of the outlook for the global economy.... Basmati sales on D/A harm exporters ISLAMABAD, Feb 10: Exporters of basmati rice face acute financial crunch due to unsecured credit sales based on documents against acceptance (D/A) allowed by the State Bank of Pakistan (SBP), Dawn has learnt.... Investment exhibition opens at Expo Centre KARACHI, Feb 10: City Nazim Syed Mustafa Kamal on Saturday inaugurated a three-day Business and Investment Gala (BIG), organised by the E-Commence Gateway in Expo Centre.... World crude oil prices climb above $60, metals mixed LONDON, Feb 10: Oil prices jumped above $60 per barrel this week, while precious metals sparkled and base metals mostly fell.... Crackdown on pirated goods RIO DE JANEIRO, Feb 9: Brazil, the world''s fourth biggest market for pirated goods, must do more to fight piracy of international products which cost companies billions of dollars annually, the US Attorney General said on Friday.... Bid rejected BUENOS AIRES, Feb 10: Argentina''s anti-monopoly agency rejected US investment fund Eton''s bid to buy 50 per cent of the company that controls Argentina''s biggest powertransmission company, Transener, a government official said on Saturday....

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