Pakistan Observer

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Saturday, October 10, 2009, Shawwal 20, 1430

 
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Business News
40pc of NTN holders do not file tax returns: FBR

Islamabad—Chairman Federal Board of Revenue (FBR) Sohail Ahnmed on Friday said that out of 1.7 million National Tax Number (NTN) holders only 60 percent file their returns while 40 percent do not file.

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No hike in CNG rates

Islamabad—Government Friday quashed speculations over price-hike in the rates of Compressed Natural Gas (CNG) amid reports that upto 50 % hike was likely in the upcoming winter, which is expected to witness unprecedented shortage of gas.

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PGBF to attend Asia Pacific weeks

Staff Reporter

Karachi—Pakistan German Business Forum’s delegation to participate in the 7th Asia Pacific Weeks, Berlin, Germany Saleem Ahmed, Secretary, Pakistan German Business Forum (PGBF) stated in a Press Release that the 7th Asia-Pacific Weeks will be held in stated in Berlin from 7 to 18 October 2009.

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KPC Manager pays welcome call on Kuwaiti ambassador

Staff Reporter

Islamabad—Kuwait Petroleum Corporation Pakistan’s Manager, Ms Talat Jabeen paid a welcome call on recently appointed Ambassador of Kuwait Mr. Nawaf Abdulaziz Al-Enzi in Pakistan, here on Friday. Ms Jabeen, during the meeting, extended felicitation to Mr. Nawaf Abdulaziz Alenzi on taking charge of the enduring friendship journey of both the Islamic countries.

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Cut throat competition in cement exporters

Amanullah Khan

Karachi—The cement exports from Pakistan to Middle East & Africa currently estimated at 7.51million tons are likely to face risks of declining volumes due to re-entry of Saudi Arabia into the export market.

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Forex FOREX RATES
USA 83.20 83.00
UK 133.16 132.84
Euro 122.86 122.57
Canada 78.88 78.70
Switzerland 80.96 80.76
Australia 75.07 74.89
Sweden 11.97 11.94
Japan 0.9421 0.9399
Norway 14.74 14.70
Singapore 59.67 59.53
Denmark 16.50 16.47
Saudi Arabia 22.19 22.13
Hong Kong 10.74 10.71
China 12.19 12.16
Kuwait 290.55 289.86
Malaysia 24.50 24.44
Newzealand 61.57 61.42
Qatar 22.85 22.80
UAE 22.65 22.60
KR WON 0.0713 0.0711
Thailand 2.497 2.491
 

 

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