Pakistan Observer

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

Sunday, November 1, 2009, Zhul-Q'ada 12, 1430

 
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Qureshi to focus on Malaysia HFS

Staff Reporter

Islamabad—The Foreign Minister of Pakistan, Makhdoom Shah Mahmood Qureshi is expected to focus on forging concrete ties with Malaysia in Halal Food Sector (HFS) during his stay in Kuala Lumpur, from 1st to 4th November, 2009 to attend 12th session of D-8 Council of Ministers.

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Resumption of Pak-India dialogue to foster economic cooperation

Staff Reporter

Islamabad—Tariq Sayeed, President SAARC Chamber of Commerce & Industry (SAARC CCI) has appreciated the recent statement of Dr. Manmohan Singh, Prime Minister of India for resuming talks with on core issues between Indian and Pakistan including Kashmir and has termed is as a welcome statement, which will help bring about desired peace in the region.

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Lucky Cement profit rises on higher sales

Staff Reporter

Karachi—Lucky Cement Ltd., Pakistan’s biggest producer of the building material, said first quarter profit rose 14.5 percent, aided by higher sales and lower costs. Net income rose to 1.1 billion rupees ($13.2 million), or 3.41 rupees a share, in the three months ended Sept. 30 from 962.9 million rupees, or 2.98 rupees, a year earlier, the Karachi-based cement maker said today in a statement to the stock exchange. Sales rose 2.6 percent to 7.04 billion rupees.

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Tourism industry reviving in Swat

Islamabad—Speakers at a seminar urged the potential tourists to visit Swat Valley as the successful military operation against terrorists has brought about complete peace and calm in the region. The seminar entitled ‘Revival of Tourism in Swat Valley’ was organised by Sarhad Tourism Corporation (STC) and Pakistan Development Corporation (PTDC) in Mongora, Swat.

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Shipping activity at PQ

Karachi—Three ships C.V CSAV Morumbi, C.V Al-Muntanabbi and C.V OOCL Kobe carrying Containers took berths at Qasim international Container terminal on Thursday. Meanwhile two more Container ships Maersk Novazzano and Hanjina Port Land also arrived at outer anchorage of Port Qasim during last 24 hours.

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