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Turkey cancels $5.7bn highway privatisation tender. February 24, 2013. ISTANBUL: Turkish Finance Minister Mehmet Simsek said on Friday the government had cancelled a $5.7 billion tender for the privatisation of toll roads and bridges, after Prime Minister Tayyip Erdogan earlier said the result had not met expectations. Turkey’s Koc Holding and Gozde Girisim and Malaysia’s UEM Group Berhad had won the tender in December. The Istanbul stock exchange was closed when Simsek made the statement. He said that t...

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Turkey cancels $5.7bn highway privatisation tender. February 24, 2013. ISTANBUL: Turkish Finance Minister Mehmet Simsek said on Friday the government had cancelled a $5.7 billion tender for the privatisation of toll roads and bridges, after Prime Minister Tayyip Erdogan earlier said the result had not met expectations. Turkey’s Koc Holding and Gozde Girisim and Malaysia’s UEM Group Berhad had won the tender in December. The Istanbul stock exchange was closed when Simsek made the statement. He said that t...

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Turkey cancels $5.7bn highway privatisation tender. February 24, 2013. ISTANBUL: Turkish Finance Minister Mehmet Simsek said on Friday the government had cancelled a $5.7 billion tender for the privatisation of toll roads and bridges, after Prime Minister Tayyip Erdogan earlier said the result had not met expectations. Turkey’s Koc Holding and Gozde Girisim and Malaysia’s UEM Group Berhad had won the tender in December. The Istanbul stock exchange was closed when Simsek made the statement. He said that t...

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Turkey | World Link

http://pakbiz.net/tag/turkey

Turkey cancels $5.7bn highway privatisation tender. February 24, 2013. ISTANBUL: Turkish Finance Minister Mehmet Simsek said on Friday the government had cancelled a $5.7 billion tender for the privatisation of toll roads and bridges, after Prime Minister Tayyip Erdogan earlier said the result had not met expectations. Turkey’s Koc Holding and Gozde Girisim and Malaysia’s UEM Group Berhad had won the tender in December. The Istanbul stock exchange was closed when Simsek made the statement. The tender wil...

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privatisation | World Link

http://pakbiz.net/tag/privatisation

Turkey cancels $5.7bn highway privatisation tender. February 24, 2013. ISTANBUL: Turkish Finance Minister Mehmet Simsek said on Friday the government had cancelled a $5.7 billion tender for the privatisation of toll roads and bridges, after Prime Minister Tayyip Erdogan earlier said the result had not met expectations. Turkey’s Koc Holding and Gozde Girisim and Malaysia’s UEM Group Berhad had won the tender in December. The Istanbul stock exchange was closed when Simsek made the statement. Mr Buswell say...

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National News | World Link

http://pakbiz.net/category/news-updates

Category Archives: National News. General Tyre invests Rs500m in motorcycle tyre plant. February 24, 2013. Company to tap spare parts market in first phase. Due to unfair competition, it becomes extremely hard for us to expand and at the same time make only marginal profits of 2% to 2.5%, says GT chairperson. Importers would have taken advantage of the situation and wreaked further havoc on our country’s fragile economy, he added. Pakistan is passing through a critical phase, owing to which many industr...

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Highway | World Link

http://pakbiz.net/tag/highway

Turkey cancels $5.7bn highway privatisation tender. February 24, 2013. ISTANBUL: Turkish Finance Minister Mehmet Simsek said on Friday the government had cancelled a $5.7 billion tender for the privatisation of toll roads and bridges, after Prime Minister Tayyip Erdogan earlier said the result had not met expectations. Turkey’s Koc Holding and Gozde Girisim and Malaysia’s UEM Group Berhad had won the tender in December. The Istanbul stock exchange was closed when Simsek made the statement. The chamber&#8...

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Indus Motor profits drop 44% as car sales fall | World Link

http://pakbiz.net/news-updates/indus-motor-profits-drop-44-as-car-sales-fall

Indus Motor profits drop 44% as car sales fall. February 24, 2013. Company announces Rs6 per share interim dividend. The company said the sluggish market demand forced it to shut down the plant for 53 days, but it did not lay off any workers. Sales of Toyota brand, both completely knocked down (CKD) and completely built units (CBU), were down 38% to 14,994 units compared to 24,341 units in the corresponding period last year. Atif Zafar, analyst at JS Global Capital, told The Express Tribune sales of ...

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Turkey cancels $5.7bn highway privatisation tender. February 24, 2013. ISTANBUL: Turkish Finance Minister Mehmet Simsek said on Friday the government had cancelled a $5.7 billion tender for the privatisation of toll roads and bridges, after Prime Minister Tayyip Erdogan earlier said the result had not met expectations. Turkey’s Koc Holding and Gozde Girisim and Malaysia’s UEM Group Berhad had won the tender in December. The Istanbul stock exchange was closed when Simsek made the statement. He said that t...

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