Pakistan Observer

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Friday, November 6, 2009, Zhul-Q'ada 17, 1430

 
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Business News
 
Agri SMEs get Rs 40m boosting grant

Salim Ahmed

Lahore—Agribusiness Support Fund (ASF) has approved grants worth 40 million for Agribusiness Sector Small and Medium Enterprises (SMEs) including support to a project by the World Wide Fund for Nature-Pakistan (WWF-P) for provision of extension services for value addition and marketing of Pine Nuts (Chilghosa) in Baluchistan.

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Cartelization in any sector unacceptable: Watto

Islamabad—Minister for Industries and Production, Mian Manzoor Ahmed Watto said on Thursday that government would not tolerate unfair business practices in any area including engineering sector and vowed to break cartelization for the relief of the people specially the common man.

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Samsung reports $3.8b third quarter profits

Staff Reporter

Lahore—5th November, 2009: Samsung Electronics Co., Ltd., the leading electronics company of the world, has announced global revenues of 35.87 trillion Korean Won (Approximately 29 Billion U.S. Dollars) on a consolidated basis for the third quarter ended September 30, 2009, an 18.5 percent increase year-on-year(YOY).

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Islamic banking touches milestone despite worldwide financial crunch

Karachi—3rd International Conference and Exhibition on Islamic Banking and Takaful 2009 ends up today with the superlative success in which delegates from more than 22 countries partook including delegates from Malaysia, Bahrain, UAE, Ireland, Sri Lanka, Bangladesh and Kenya etc.

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Textile Policy Implementation Liaison Committee meets

Observer Report

Islamabad—Federal Minister for Textile Industry Rana Muhammad Farooq Saeed Khan chaired the 1st meeting of Textile Policy Implementation liaison committee in Ministry of Textile Industry here today.

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