February 21, 2006	Tuesday	Muharram 22, 1427

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First lot of Indian sugar arrives KARACHI, Feb 20: The first ship carrying around 8,000 tons of Indian sugar berthed at the Port Qasim on Monday and around 4,625 tons of the commodity were immediately released to improve the supply in the domestic market....		Sales tax staff to be deputed at 79 sugar mills ISLAMABAD, Feb 20: The finance ministry has asked the Central Board of Revenue (CBR) to depute sales tax officials at around 79 sugar mills across the country to monitor procurement of...
Sindh, Balochistan’s share in GDP drops KARACHI, Feb 20: A research study spread over 28 years of the provincial accounts of Pakistan from 1972-73 to 1999-2000 has found a gradual pauperization of the two southern provinces —-...		Opening of urea tender delayed again MULTAN, Feb 20: Ambiguities further shrouded the TCP’s tender called for the import of 50,000 tons of urea as the authorities concerned could not process the bids for final qualification on Monday....
Bus production falls as investors await new policy KARACHI, Feb 20: The bus makers continue to face hardships as their production, during July-Jan 2005-06, declined to 385 units from 1,032 units, registering 68 per cent decrease compared to same period last fiscal....		Core inflation up by 7.53pc in July-Jan KARACH, Feb 20: Pakistan’s core inflation rose at the rate of 7.53 per cent during July-Jan 2005-06, according to the data released by the State Bank of Pakistan....
Bull-run continues despite profit-selling KARACHI, Feb 20: Stocks on Monday remained in a bullish frame of mind despite active profit-selling triggered by heavy outstanding positions in future contracts amid fears about smooth rollover to the new settlements....		Slow activity on cotton market KARACHI, Feb 20: Trading on the cotton market on Monday resumed on a firm note as ginners held on to the unsold positions anticipating further increase in prices....
BankIslami public offering next month  KARACHI, Feb 20: BankIslami Pakistan Limited is all geared up to make its public offering of Rs400 million at par on March 6, 7 and 8....		PC receives nine EoIs for HPFL ISLAMABAD, Feb 20: The Privatization Commission has received nine expressions of interest (EoIs) from investors for acquiring 90 per cent shares of Hazara Phosphate Fertilizers Ltd (HPFL)....
HBL to buy stake in Chinese bank Karachi: Feb 20: Habib Bank Ltd has decided to acquire 20 per cent shares of a leading Chinese bank in the Xinjiang province, said press release issued by HBL here on Monday....		Karachi Port operations KARACHI, Feb 20: Eight vessels carrying containers, steel cargo and to load vehicles and molasses are expected to arrive at the outer anchorage on Tuesday, according to KPT sources....
Kenya seeks Pakistani investment ISLAMABAD, Feb 20: Kenyan Ambassador Ms Mishi Masika Mwatsahu has invited Pakistani businessmen to invest in various sectors of her country. She stated this while speaking at a function organized by...		Bonus shares recommended LAHORE, Feb 20: The board of directors of Prime Bank Limited on Monday recommended issuance of 18 per cent bonus shares, that is, 18 shares for every 100 shares held by the bank’s shareholders....
Eurozone growth BRUSSELS, Feb 20: European Central Bank president Jean-Claude Trichet forecast a gradual strengthening in eurozone growth on Monday but also voiced concerns that inflation may rise in the short term....		Tannery zone KARACHI, Feb 20: Pakistan Tanners Association (Southern Zone) chairman M Danish Khan has expressed his dismay over unsatisfactory law and order situation in the tannery zone....
Asian stocks mostly higher HONG KONG, Feb 20: Asian stocks closed mostly higher on Monday with modest gains after investors shrugged off a lacklustre performance by Wall Street, dealers said....		European stocks fall LONDON, Feb 20: European stock markets mostly fell on Monday in early deals following losses on Wall Street on Friday before a long holiday weekend in the US....
Gold prices LONDON, Feb 20: Gold prices moved to 10-day highs on Monday, supported by a rise in crude oil and a drop in the dollar, and dealers said the metal was expected to extend gains....		Karachi market rates KARACHI, Feb 20: The following were Monday’s commodity market rates in rupees....