Peshawar—The Prime Minister Syed Yousaf Raza
Gilani on the complaint of the NWFP Minister for
Finance Engineer Muhammad Humayun Khan has
directed the Agricultural Development Bank of
Pakistan (IDBP) and House Building Finance
corporation of Pakistan (HBFCP) to immediately
stop recovery of loans from the people of
Malakand Division and avoid disturbing them
forthwith as a special relief package is under
process with the federal government for
providing special relief to the people of the
division in the agriculture, industries and
business sectors.
Islamabad—Zarai Taraqiati Bank Ltd (ZTBL) would
collaborate with Japanese firm M/S Finetech for
the transfer of Japanese technology for
improvement of soil quality and enhancement of
Crop productivity. They would bring investment
in Pakistan for the development of agriculture
sector. An agreement has already been signed
with M/S Finetech. said in a press release
issued here today.
Dubai—UAE consumers
remain the most optimistic in the Middle East
and Asia Pacific region, posting 102 index
points, higher than the global average of 86,
according to the latest Nielsen Consumer
Confidence Index, which measures consumer
sentiments worldwide.
Abu
Dhabi—Etisalat’s UAE fibre-optic network will
cost the company more than Dh5 billion, Chairman
Mohammad Hassan Omran said today. The company
aims for the network, which now covers 60 per
cent of UAE households and businesses, to reach
90 per cent coverage by 2011, he said on the
sidelines of the Abu Dhabi Conference 2009.
Singapore—Oil fell in Asian trade Tuesday as
worries over the potential threat posed by
Hurricane Ida to petroleum installations in the
Gulf of Mexico subsided, analystssaid. A firmer
US currency, which makes dollar-priced crude
more expensive for holders of foreign units, was
also a factor in pushing oil futures lower, they
said. New York’s main contract, light sweet
crude for December delivery, fell 39 cents to
79.04 dollars a barrel.
