April 25, 2006	Tuesday	Rabi-ul-Awwal 26, 1427

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Dubai firm sets tough terms for Gwadar Port KARACHI, April 24: The Dubai Port World (DPW) has laid down tough conditions in their terms of reference before entering into final agreement with the government for running Gwadar Port....		Cement prices drop despite delay in SRO KARACHI, April 24: While the government has yet to issue a notification for unlimited duty- free import of cement at subsidised freight, the price of locally-produced cement in the market continues its downward journey....
Traders eager to import Indian cement LAHORE, April 24: Importers and traders are waiting eagerly for the issuance of the notification for the duty free and subsidised import of cement so that they could place orders for...		CBR set to surpass revenue target ISLAMABAD, Apr 24: All relevant factors including the current revenue collection trend clearly indicate that Central Board of Revenue will not only achieve the Rs690 billion target set for current financial year but also likely to surpass it....
Index down 205 points on heavy selling in favourites KARACHI, April 24: Stocks on Monday fell on a wide front on selling associated with the rollover week amid fears of clearing problems on the part of those who may be holding long positions beyond their financial limits....		Cotton market rules steady KARACHI, April 24: Trading on the cotton market on Monday resumed on a steady note but physical activity remained confined to a few selected lots as spinners have considerably reduced their daily intake....
Pakistan deals with oil, quake crises well: IMF/WB WASHINGTON, April 24: The world economic outlook report for 2006 praised Pakistan as a country which has done well in sustaining major setbacks like an unprecedented hike in oil prices and the October 8 earthquake....		FDI rises to $2.2bn during 9 months KARACHI, April 24: Foreign direct investment went up to over $2.2 billion during July-March of the fiscal year 2005-06, but a big chunk of it came from the privatisation of PTCL....
China keen to boost investment ISLAMABAD, April 24: Chinese Minister Hu Deping, who also heads the China Federation for Industry and Commerce, has sought the support of the Pakistan government in expanding investment in various sectors by the Chinese private sector....		SBP faces problem to sell T-bills KARACHI, April 24: The State Bank on Monday invited tenders for the sale of treasury bills but kept the volume of sale extremely low which forced the banks, which are still short of liquidity, to borrow from the discount window....
Oil prices ease on profit-taking LONDON, April 24: World oil prices fell on profit-taking on Monday after New York crude mirrored its record high point on concerns over the Iranian nuclear crisis and tight supplies of US motor fuel....		PM reviews progress on Gwadar port ISLAMABAD, April 24: Prime Minister Shaukat Aziz has directed the ministry of ports and shipping and Balochistan government to prepare within a month a special package of incentives for the export promotion zone (EPZ) planned near Gwadar port....
Opec keeps oil output unchanged DOHA, April 24: Opec decided on Monday not to change its crude output despite prices hovering at record levels as cartel members blamed the market frenzy on political tension and lack of refining capacity....		Call to end subsidies on farm products UNITED NATIONS, April 24: UN Secretary General Kofi Annan on Monday urged developed countries to eliminate ‘trade-distorting’ subsidies for agriculture products, particularly on cotton to help the economies of developing countries compete in the world market....
Rising oil prices put BD economy in trouble DHAKA, April 24: Finance and Planning Minister of Bangladesh, M. Saifur Rahman, has been passing sleepless nights following the recent oil price hike in the international markets was posing a formidable challenge to the country’s economy....		Dollar falls LONDON, April 24: The dollar fell on Monday, hovering near a seven-month low after G7 finance chiefs urged a more flexible Chinese currency to help tackle global economic imbalances, dealers said....
Demonstration KARACHI, April 24: Avaya Inc, provider of business communications software, systems and services, demonstrated world class enterprise mobility solutions here on Monday, says a press release....		Karachi Port operations KARACHI, April 24: Six ships carrying containers and to load fish and ethanol are expected to arrive at the outer anchorage on Tuesday, according to KPT sources....