Pakistan Observer - Busines News

Appearing from Islamabad, Karachi, Lahore, Peshawar, Muzaffarabad & Quetta
Monday, November 23, 2009, Zil`Hajj 05, 1430

Active Visitors: 226

Total Hits Since June, 2007
54872991

Business News

Pervez asks KESC to end loadshedding

Karachi—Federal Minister for Water and Power Raja Pervez Ashraf has asked Karachi Electric Supply Corporation (KESC) to utilise its entire generation capacity to completely end the load shedding in the city. The government would extend all possible help to KESC in resolving its fuel problem during the winter season, he said while addressing the media after attending KESC briefing.

full story»

Pakistan Post to open 100 express centres

Islamabad—Ministry of Pakistan Postal Services will open 100 “small and smart” express centres with modern facilities to ensure sustained growth in earning and profitability by catering the customers needs. Director General PPO Muhammad Najeeb told APP that small and smart express centers would be set up throughout the country during this financial year to implement the direction given by Prime Minister of Pakistan.

full story»

Govt to construct 11 small dams under PKP

Islamabad—The government plans to construct 11 small dams under ‘Piyara Kashmir Programme’ (PKP) to meet water and power needs of the entire area. Under the programme worth around Rs. 11 billion, a number of development projects would be launched which would help improve infrastructure and create employment opportunities in Azad Kashmir.

full story»

New attack fells internet explorer

Monitoring Report

A hacker has posted attack code that could be used to break into a PC running older versions of Microsoft’s Internet Explorer browser. The code was posted Friday to the Bugtraq mailing list by an unidentified hacker.

full story»

Oil scene: Uncertainty haunts the energy world

Monitoring Report

UNCERTAINTY has taken over the energy world. And it is detrimental to every one, be it consumer or producer. The consequences could be horrific. A number of factors are in play. The volatility of oil market pricing is a major issue. After all most producers have a single product economy. With extreme swings in play, they are almost in dark while projecting their long-term incomes and expenses. OPEC (Organization of the Petroleum Exporting Countries) oil producers could lose $4 trillion in revenue between now and 2030, if a UN conference in Copenhagen next month strikes a deal on global warming curbs, the International Energy Agency projected earlier.

full story»

FOREX RATES

USA	83.50	83.30
UK	139.44	139.10
Euro	124.57	124.28
Canada	78.90	78.71
Switzerland	82.44	82.24
Australia	77.21	77.02
Sweden	12.17	12.14
Japan	0.9369	0.9347
Norway	14.88	14.84
Singapore	60.15	60.01
Denmark	16.74	16.70
Saudi Arabia	22.27	22.21
Hong Kong	10.77	10.75
China	12.23	12.20
Kuwait	292.73	292.02
Malaysia	24.70	24.64
Newzealand	61.63	61.48
Qatar	22.94	22.88
UAE	22.73	22.68
KR WON	0.0721	0.0719
Thailand	2.516	2.510

HURMAT GROUP

Zahid Malik
President & Editor-in-Chief

Editor Foreign Affairs:	Abdul Sattar
Editor:	Faisal Zahid Malik Phone: 021-2211777, 2631102
Executive Editor:	Gauhar Zahid Malik Phone: 051-2852028
GM Marketing:	Ferozuddin Khan Phone: 0300 918 5669 Email: mktg@pakobserver.net

Ali Akbar House G-8 Markaz, Islamabad, Pakistan
Phone: +92 (051) 2853818, 2852027-8, Fax: +92 (051) 2262258
Email: observer@pakobserver.net

Karachi

Lahore

Peshawar

FAISAL ZAHID MALIK
Editor

Phone: 021-2211777, 2631102
Fax: 021-2626902
Email: obskhi@pakobserver.net

KHALID BUTT
Resident Editor

Phone: 042-7593341, 7566702
Fax: 042-6300043
Email: obslhr@pakobserver.net

TARIQ SAEED
Resident Editor
Phone: 091-2592766
Fax: 2591705
Mobile: 0321-9001476
Email:tariqobserve@brain.net.pk

Quetta	Muzaffarabad	Online Edition
GHULAM TAHIR Resident Editor Phone:081-2829238-40 Fax: 081-2829072 Mobile: 0333-7944760	HAMEED SHAHEEN Resident Editor Mobile: 0332-5313879 Email: abdulhameedshaheen@yahoo.com	For any query, complaint or suggestion regarding website please feel free to email at: webmaster@pakobserver.net