Pakistan Observer

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Tuesday, May 5, 2009, Jamadi-ul-Awwal 8, 1430

 
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Business News
Making economic growth competitive vital: Shahbaz

Staff Reporter

Lahore—Punjab Chief Minister Mian Shahbaz Sharif Monday stressed on the importance of making economic growth in Pakistan competitive, equitable and sustainable. He was speaking at the second meeting of the National Policy Platform for Competitiveness & Economic Growth (NPPCEG) chaired by Shahid Javed Burki and attended by the World Bank and stakeholders from all four provinces of Pakistan in the provincial capital, Lahore.

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PQA’s 2nd container terminal project to complete by 2010

Islamabad—A number of multi-million dollars projects including the second containers terminal at Port Qasim Authority (PQA) will be completed at an estimated cost of US $ 250 million in next year. The project is being completed with the help of Dubai Port World, said the sources of the Ministry for Ports and Shipping.

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Turks asked to invest in Pak marble, granite sector

Tariq Khattak

Islamabad —Pakistani marble and granite sector offers great potential of investment as it could compete with any other county’s products. This was observed by Mian Shaukat Masud, President, Islamabad Chamber of Commerce and Industry (ICCI) while exchanging views with a four member delegation of Turkish businessmen.

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Service enters brand partnership with Hush Puppies

Muhammad Arshad

Islamabad—Service Sales Corporation (SSC), the country’s largest retailer and wholesaler of footwear and accessories and marketers of Servis brand, here Monday signed a brand partnership agreement with Firhaj Footwear, the manufacturers and distributors in Pakistan of the world famous Hush Puppies brand.

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Asian markets surge on optimism

Seoul—Asian stock markets soared Monday, led by gains of 5 percent or more in Hong Kong, Taiwan, Singapore and India, amid upbeat economic signs from China and the United States. European markets opened higher, too.

full story»  

 
Forex FOREX RATES
USA 80.45 80.25
UK 120.45 120.15
Euro 107.28 107.02
Canada 68.12 67.95
Switzerland 71.02 70.84
Australia 59.28 59.13
Sweden 10.09 10.06
Japan 0.8094 0.8073
Norway 12.36 12.33
Singapore 54.58 54.44
Denmark 14.40 14.37
Saudi Arabia 21.45 21.40
Hong Kong 10.38 10.35
China 11.80 11.77
Kuwait 276.27 275.58
Malaysia 22.82 22.76
Newzealand 46.16 46.05
Qatar 22.11 22.06
UAE 21.90 21.85
KR WON 0.0631 0.0629
Thailand 2.287 2.282
 

 

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