Islamabad—Federal Minister for Labour and
Manpower, Syed Khursheed Ahmad Shah has said the
Government is very keen to develop comprehensive
labour laws and policy according to the
international labour standards, so as to ensure
maximum labour welfare and create investment
friendly environment in the country.
Islamabad—Federal Minister for Livestock and
Dairy Development Mir Hamayun Kurd has Pakistan
will soon top in exports of Halal food. The
Minister said in an interview that the
government is adopting scientific methods for
the production of livestock and dairy
development and soon Pakistan would become no.1
country in the world, especially in Europe.
Islamabad—Pakistan Petroleum Ltd., the nation’s
biggest gas producer, said third-quarter profit
rose 26.7 percent because of higher prices. Net
income climbed to 7.19 billion rupees ($89
million), or 8.67 rupees a share, in the three
months ended March 31, from 5.68 billion rupees,
or 6.84 rupees, a year earlier, the
Karachi-based company said in a statement to the
stock exchange today.
Islamabad—Leader of House in the Senate Nayyar
Bokhari has said keeping country stabilized is
not only the duty of the government but all the
segments of society and a great responsibility
lie on the shoulders of trading community.
Islamabad—Pakistan banks were cut to “neutral”
at Bank of America Corp. after helping the
nation’s stock index post the world’s
fifth-biggest gain this year. Bank of America’s
Merrill Lynch unit, citing the outlook for
earnings and recent stock gains, lowered its
ratings on MCB Bank Ltd. and United Bank Ltd.,
to “neutral” from “buy.” Allied Bank Ltd. and
National Bank of Pakistan were reduced to
“underperform” from “neutral.”
