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Monday, August 31, 2009, Ramadan 9, 1430 |
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Business
News
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Iran-Pakistan gas
line talks today
Shah Hasan
Islamabad—Pakistan and Iran will today (Monday)
initiate technical level talks on some vital
issues which are required to be finalized prior
to initiating the formal work on laying the
pipeline from Paras field ( Iran ) to Nawab Shah
( Pakistan ) under IP gas line project. The
vital issues pertaining to some conditions which
are prerequisites before embarking upon the
formal work on Iran-Pakistan gas pipeline |
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full story»
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PEC lauds SSUET
performance
Karachi—Pakistan Engineering Council (PEC)
has recorded high appreciation for Computer and
Electronic Engineering departments of Sir Syed
University of Engineering and Technology,
Karachi. A team of PEC, headed by Dr Niaz Ahmed,
had carried out routine inspection of the
University. In a letter to the Vice-Chancellor
SSUET, Dr Niaz Ahmed said he was highly
impressed by the performance of the |
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full story»
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Govt urged to fix
wheat price to support farmers Multan
—President of Kissan Board Punjab Khurshid Kanju
has urged the government to fix minimum
guaranteed price of the commodities like that of
wheat to make the crop more profitable for
farmers. “The federal government, instead of
announcing an intervention price, shall fix
support price of paddy to safeguard the
interests of growers and consumers as rice is
the second largest export earner,” a director of |
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full story»
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Wall Street
confidence up, but Sept peril looms New
York—With confidence rising of a recovery from
recession, Wall Street faces historically its
worst month of the year with memories still
fresh from last September’s financial market
debacle. The market streaks to a new month up
some 50 percent from lows hit in March, but with
investors beginning to turn cautious. Some
analysts say that even if the economy is on the
mend from its brutal recession, |
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full story»
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Is there really
sugar shortage? Islamabad—Unending queues,
deafening noise and unruly crowds are becoming a
routine at subsidized sugar outlets, clearly
manifesting the consumer craze for a commodity.
Most often, they scuffle with one another or
outlets staffers, going crazy for nothing and
keeping aside all ethics. The situation
sometimes forces the |
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full story»
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FOREX RATES |
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| USA |
83.00 |
82.80 |
| UK |
136.05 |
135.73 |
| Euro |
118.60 |
118.32 |
| Canada |
77.02 |
76.83 |
| Switzerland |
78.15 |
77.97 |
| Australia |
69.38 |
69.22 |
| Sweden |
11.74 |
11.71 |
| Japan |
0.8827 |
0.8805 |
| Norway |
13.80 |
13.77 |
| Singapore |
57.50 |
57.36 |
| Denmark |
15.94 |
15.90 |
| Saudi Arabia |
22.13 |
22.08 |
| Hong Kong |
10.71 |
10.68 |
| China |
12.15 |
12.12 |
| Kuwait |
289.10 |
288.40 |
| Malaysia |
23.62 |
23.56 |
| Newzealand |
56.81 |
56.68 |
| Qatar |
22.80 |
22.74 |
| UAE |
22.60 |
22.54 |
| KR WON |
0.0665 |
0.0663 |
| Thailand |
2.440 |
2.434 |
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©
Pakistan Observer 1998-2009,
All rights reserved |
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Zahid Malik
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