Pakistan Observer

Appearing from Islamabad, Karachi, Lahore, Peshawar, Muzaffarabad & Quetta

Saturday, May 16 2009, Jamadi-ul-Awwal 19, 1430

 
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Business News
CM for industrial promotion in Sindh

Karachi—Sindh Chief Minster, Syed Qaim Ali shah has underlined the need for industrial promotion in the province and said every effort will be made to establish maximum small industrial estates so as to create job opportunities for un-employed youth. He was presiding over a meeting of Industries department at Chief Minister House Thursday afternoon.

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New chairman FBR is a reform oriented civil servant

Staff Reporter

Islambad—Mr. Sohail Ahmad has been appointed as chairman FBR. He joined the 1979 batch of Civil Services in the District Management Group. He has worked extensively since then in filed, staff and policy assignments.

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RCCI, SMEDA organise IPR woorkshop

Staff Reporter

Rawalpindi—One-day training workshop on the subject of Intellectual Property Rights was organized by Rawalpindi Chamber of Commerce and Industry in collaboration with Small and Medium Enterprises Development Authority (SMEDA). A large number of businessmen attended the workshop.

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Budget 2009-10 to provide fiscal space
Govt to enhance spending on development


Staff Reporter

Karachi —Persisting slowdown in the economy and demand destruction is likely to force policy makers to continue easing interest rates especially in the ensuing budget 2009-10 which is likely to witness a 300bp cut in the discount rate.

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28 countries to participate in POGEE 2009

Karachi—Leading global players from the energy industry will attend the 7th Pakistan Oil, Gas & Energy Exhibition and Conference - POGEE 2009, scheduled from May 18 to 21 2009, at the Karachi Expo Centre. The exhibition is co-located with the 5th International Fire & Security Exhibition & Conference - FIRE & SECURITY Pakistan 2009.

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Forex FOREX RATES
USA 80.50 80.30
UK 123.22 122.91
Euro 110.20 109.93
Canada 69.55 69.37
Switzerland 73.09 72.91
Australia 61.80 61.65
Sweden 10.36 10.33
Japan 0.8373 0.8352
Norway 12.55 12.52
Singapore 55.35 55.22
Denmark 14.80 14.76
Saudi Arabia 21.47 21.41
Hong Kong 10.39 10.36
China 11.80 11.77
Kuwait 277.90 277.21
Malaysia 22.94 22.88
Newzealand 48.79 48.67
Qatar 22.12 22.06
UAE 21.92 21.86
KR WON 0.0649 0.0647
Thailand 2.335 2.330
 

 

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