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April 01, 2007 Sunday Rabi-ul-Awwal 12, 1428 Stakeholders blaming each other for debacle: EC ban on seafood KARACHI, March 31: Stakeholders are trading allegations holding each other responsible for the delisting of 11 seafood processing units by the European Commission (EC).... $100bn trade prospects in Rebuild Iraq show KARACHI, March 31: Jordanian capital Amman is being marketed as a window to enter war-torn Iraq market where $100 billion business prospects can be explored by Pakistani businessmen by participating in... SPI shows rise of 0.37 per cent ISLAMABAD, March 31: Prices of 18 essential kitchen items, including edible oil, registered a substantial increase during the week ended March 30 over the previous week, the statistics division said on Saturday.... Credit line for wheat procurement announced KARACHI, March 31: Anticipating a bumper wheat crop, the State Bank of Pakistan has announced “ample credit line” to the private sector for procurement from the farmers but has made it... CBR collects Rs586.3bn revenue in 9 months ISLAMABAD, March 31: The Central Board of Revenue (CBR) has collected Rs586.3 billion during the July-March period of the fiscal year 2006-07 as against Rs489.8 billion over the same period last year, indicating a growth of 19.7... Leasing firm offers shares buyback KARACHI, March 31: Crescent Leasing Corporation Limited — a stock market listed company — made an offer to buy-back 453,901 shares from the public.The offer has been made by the proposed... S. Korea, US extend trade talks deadline SEOUL, March 31: US and South Korean negotiators on Saturday extended the deadline in their free trade talks until the end of the weekend in a last-ditch attempt to secure a deal after 10 months of tough bargaining.... Duty-free import of steel billets sought KARACHI, March 31: Steel industry is seeking duty-free import of billets to meet the growing demand of quality steel products, such as steel bars and sections.... Essentials’ prices show mixed trend in March KARACHI, March 31: The prices of essential items moved both ways in the last one month in which ghee and cooking oil, powdered milk, mash and arhar pulses registered increase while sugar, gram pulse, onion and poultry showed decrease.... Procedure for depositing tax challan ISLAMABAD, March 31: The Central Board of Revenue (CBR) has issued procedures for depositing of tax challan in State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) to be effective from April 1, 2007.... Online software for exchange firms advised KARACHI, March 31: The State Bank of Pakistan has advised all money-changers to ensure installation of an efficient real-time online software to fulfill business and reporting requirements.... Slow physical trading on cotton market KARACHI, March 31: Cotton market finished the weekend session on a steady note but physical business remained thin in the absence of strong demand from mills.... Leather garment exporters fail to get orders in HK fair KARACHI, March 31: Leather garment exporters failed to get orders from world buyers at the Asia Pacific Leather Fair (APLF) held in Hong Kong between March 28 and 30, and against... Malaysians happy as US FTA deadline expires KUALA LUMPUR, March 31: Malaysian opponents of a free-trade deal with the United States celebrated on Saturday after the countries missed an end-of-the-month deadline to fast-track an agreement.... JS Air signs pact with Deccan Aviation KARACHI, March 31: The JS Air — a recently launched private airline of the Jahangir Siddiqui group of companies — singed a commercial partnership agreement with ‘Deccan Aviation Lanka’ in Colombo.... Concessions sought for textile sector KARACHI, March 31: Chairman, North Karachi Association of Trade and Industry (NKATI), Faraz Mirza, has said that textile manufacturers need to be at par with competitors, like India, China and Bangladesh,... Coal purchase NEW DELHI, March 31: India’s Tata Power said on Saturday it is buying 30 per cent stakes in two Indonesian coal producers for $1.1 billion, giving it access to one of the world’s largest exporting thermal coal mines.... Oil refinery HANOI, March 31: Vietnam''s prime minister on Saturday ordered contractors to speed up construction of the country''s first oil refinery to achieve operation by early 2009.... Gold, oil prices higher amid Iran tension LONDON, March 31: A crisis between major crude producer Iran and Britain, caused by Tehran''s detention of 15 British sailors, caused oil prices to soar this week, while gold benefited from its safe-haven status.... China dissatisfied with US penalty tariffs BEIJING, March 31: China early on Saturday expressed strong dissatisfaction with a US decision to impose penalty tariffs on imports of Chinese high-gloss paper to offset government subsidies, state media reported.... Wall Street falls flat on final day of quarter NEW YORK, March 31: Wall Street wobbled to a mixed finish on Friday as better-than-expected economic data was offset by worries that US trade sanctions slapped on China might spark growing protectionism.... Euro rises to two-year high NEW YORK, March 31: The dollar turned lower on Friday as a move by Washington to slap trade sanctions on China sparked fears of a rise in protectionism that dented the greenback''s recovery.... Port Qasim KARACHI, March 31: Berthing was slow as only one container ship, CSAV Ningbo, was allotted berth at QICT during the last 24 hours, said a PQA press release on Saturday.... Karachi Port operations KARACHI, March 31: Seven vessels carrying containers and to load ethanol are expected to arrive at the outer anchorage on Sunday, according to KPT sources....

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