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  Saturday, May 17, 2008, Jamadi-ul-Awwal 10, 1429    

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Business News

PCICL to promote bilateral trade: Jainbo

Lahore—Chen Jainbo, Vice Chairman and Managing Director of the PCICL called on Mr. Tariq Sayeed, President SAARC chamber of Commerce and Industry, at the SAARC secretariat at Islamabad on Friday.

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4.84 per cent growth for country’s industrial sector

Islamabad — Pakistan industrial production has shown a limited 4.84 per cent growth in the first nine months of 2007-08 against the annual industrial target of 10.5 per cent.

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Orascom investment in Pakistan to exceed $2.5b

SHR Jahfery

Islamabad—The Chairman of Orascom Telecom Holding S.A.E. (“Orascom Telecom”), Naguib Sawiris called upon the President and Prime Minister of Pakistan recently to reaffirm the company’s ongoing business and investment commitment to Pakistan, particularly in the telecommunications sector.

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WB Standard Chartered launches tiny loan plan for poor

Washington—The World Bank and British-based bank Standard Chartered said Thursday that they had teamed up to expand the microfinance, or tiny loans, to impoverished borrowers in Africa and Asia.

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Software piracy rate drops by 2pc

Karachi—The software piracy rate has dropped in Pakistan from 86% to 84%, after remaining unchanged over the past two years, which would benefit the country in many ways, notes a latest international study.

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More Business News

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PTA to ensure quality service to subscribers: Kaira

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Comprehensive strategy to promote tourism: Pervez

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Steps being taken to overcome energy crisis: Raja Riaz

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IGI Funds signs MoU with Pak Brunei investment company

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SMEs need facilities of technical support to grow

 
Forex FOREX RATES
US Dollar 68.70 69.00
UK Pound Sterling 133.10 133.40
Australian Dollar 64.00 64.30
Bahrain Dinar 181.00 181.25
Canadian Dollar 68.25 68.55
China Yuan 10.00 10.20
Danish Krone 14.15 14.25
Euro 105.85 106.15
Hong Kong Dollar 8.70 8.80
Indian Rupee 1.68 1.73
Japanese Yen 0.649 0.657
Kuwaiti Dinar 254.00 254.25
Malaysian Ringgit 21.75 22.25
NewZealand $ 51.75 52.05
Norwegians Krone 13.40 13.50
Omani Riyal 177.25 177.50
Qatari Riyal 18.75 18.85
Saudi Riyal 18.22 18.32
Singapore Dollar 49.40 49.70
Swedish Korona 11.30 11.40
Swiss Franc 64.60 64.90
Thai Bhat 2.25 2.30
U.A.E Dirham 18.65 18.75
 
 
Bullion BULLION RATES
KARACHI:  
Gold Tezab  19242.00
Silver Tezabi  355.72
LAHORE:  
Gold Tezabi  19204.00
Gold 22 CT  16804.00
Gold 21 CT  17604.00
Silver Tezabi  354.00
Silver Thobi  345.50

 

 

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