Pakistan Observer

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Wednesday, October 21, 2009, Zhul-Q'ada 01, 1430

 
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Business News
Textile minister offers full support to apparel sector

Nasir Mahmood

Karachi—Federal Minister of Textile Industry, Rana Farooq Saeed Khan has stressed upon the need of research, development and training in textile sector which could result in enhanced exports and can also earn billions of dollars of foreign exchange through highest level of value-addition.

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PBIT steps to attract investment, promote trade

Salim Ahmed

Lahore—The Punjab Board of Investment and Trade (PBIT), in the pursuit of its mandate to attract investment and promote trade in Punjab, is inter alia, engaged in identifying new technologies, inventions and innovations in various economic sectors to boost production and stimulate investment for commercialization of these technological innovations.

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We can achieve $20b export target: Shabbir

Observer Report

Rawalpindi—We can achieve our exports target of $20 billion by promoting non-traditional items and by searching out new international markets, said Kashif Shabbir President Rawalpindi Chamber of Commerce and Industry (RCCI) here on Tuesday. He stated this during a meeting with the Commercial Counsellors of Pakistan to Brussels, Check Republic, Chili and Mauritius at his office.

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Hooligans forcibly close MCB branches

Amanullah Khan

Karachi—Fifty one branches of MCB Bank Limited were forcefully closed down by a group of hooligans, in spite of Sindh High Court orders restraining the group of outsiders from interfering in the normal business activities of the bank.

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Experts vow to work hard for tech development of country

Staff Reporter

Karachi—The Pakistan Software Houses Association for IT & ITES (P@SHA) held its 6th Annual ICT Awards a comprising technologists, entrepreneurs, executives from the corporate sector and government representatives. The event highlighted the Magic of Technological Innovation in Pakistan and recognized the country’s best software and services available for the domestic and export markets.

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