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  Tuesday, May 6, 2008, Rabi-ul-Sani 29, 1429    

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Business News

Naveed Qamar for enhanced ties with Yemen

Islamabad—Federal Minister for Privatization and Investment , Syed Naveed Qamar said on Monday that Pakistan would increase cooperation with Yemen in the fields of education, science and technology,energy, transport, banking, labour and manpower. “Pakistan has gained technical experiences has techniques in variety of fields which can be shared with the Republic of Yemen”, Naveed Qamar stated this while inaugurating the 5th two-day Session of Pak-Yemen Joint Ministerial Commission (JMC) here Monday.

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Implementation of futuristic agriculture policies stressed

Faisalabad—Former speaker National Asembly Syed Fakhar Imam stressing the need to fully capitalize the potential of agriculture sector said it is still contributing only 23 percent toward GDP inspite of its size and importance in national economy. He was addressing the inaugural session of second 2-day National Conference on Cotton Production at Nuclear Institute for Agriculture and Biology (NIAB) here Monday.

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Pakistan needs more initiatives under PPP modality

Staff Reporter

Islamabad: Pakistan’s massive and ever-growing infrastructure needs coupled with limited resources, rapid population growth and an escalating trend in urbanization signify the need for an appropriate policy package to ensure sustainable development of infrastructure facilities.

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Telenor Pakistan reports impressive results for Q1 2008

Staff Reporter

Islamabad —Telenor Pakistan has recorded impressive results increasing the revenue by 80% compared to the same period in 2007. Strengthening the financial gains is the continuing positive trend of EBITDA registering an increase of 17% over the previous quarter. The total reported revenues for Q1-2008 are NOK 1042 million against NOK 686 million for Q1-2007.

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Gas price hike to harm industry

Hussain Kashif

Lahore—In case the gas prices are raised by 35 per cent as has been sought by the Sui Gas Companies to OGRA, it would cast devastating repercussions upon the national economy and oust the export-oriented industries from the international export market.

full story»  

More Business News

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Mobilink announces prizes in JAZZ Sales Dhamaka

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Making all out efforts to streamline economy: Dar

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UBL Funds invests more in overseas markets

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Motorola introduces real gold and diamond bluetooth headset

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Dollar lower in Asian trade

 
Forex FOREX RATES
US Dollar 66.80 67.00
UK Pound Sterling 131.45 131.65
Australian Dollar 62.90 63.10
Bahrain Dinar 176.45 176.55
Canadian Dollar 65.35 65.55
China Yuan 9.60 9.70
Danish Krone 13.70 13.80
Euro 103.35 103.55
Hong Kong Dollar 8.48 8.58
Indian Rupee 1.65 1.70
Japanese Yen 0.633 0.638
Kuwaiti Dinar 249.55 249.75
Malaysian Ringgit 20.70 20.80
NewZealand $ 52.30 52.50
Norwegians Krone 12.92 13.02
Omani Riyal 172.85 172.95
Qatari Riyal 18.28 18.38
Saudi Riyal 17.75 17.80
Singapore Dollar 48.95 49.15
Swedish Korona 10.95 11.05
Swiss Franc 63.10 63.30
Thai Bhat 2.05 2.10
U.A.E Dirham 18.15 18.20
 
Bullion BULLION RATES
KARACHI:  
Gold Tezab  18557.00
Silver Tezabi  342.85
LAHORE:  
Gold Tezabi  18690.00
Gold 22 CT  17132.00
Gold 21 CT  16354.00
Silver Tezabi  360.00
Silver Thobi  347.25

 

 

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