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'War on terror causing $6 billion losses in exports annually' RECORDER REPORT KARACHI (August 20 2009): Pakistan is suffering $6 billion export losses annually due to the ongoing war against terrorism, said the Chief Executive Officer of Trade Development Authority of Pakistan (TDAP), Syed...

Current account deficit dips by 49 percent in July RIZWAN BHATTI KARACHI (August 20 2009): The country posted $606 million current account deficit during July 2009--first month of the current fiscal year 2009-10. The State Bank of Pakistan on Wednesday said that the country's current account...

New program will lower drug costs Patients at public hospitals will save more money beginning Sept 25, when the government starts to heavily subsidize a list of common medicines. China's first essential medicine list is part of the country's ongoing medical reform, which aims to assure all...

Chinese banks pip foreign rivals in first-half lending While Chinese banks are seeing a credit boom due to the nation's huge stimulus package, their foreign peers have not been so lucky and might just be facing their most difficult period as far as business expansion in China is concerned...

Some relief in sight for Swat businessmen PESHAWAR: The federal government is considering writing off the loans extended to the business community of the militancy-affected Swat region, besides giving relief in interest rates to businessmen of other parts of the Frontier province. These...

Cement exports register big increase in July KARACHI: Cement export made a sudden jump during July, the first month of the current fiscal year (2009-10), to 1.160 million tons from 0.838 million tons recorded during June 2009. According to exporters, there had been around one million tons...

[/COLOR]RCOM eyes Kuwait telco’s African ops MUMBAI: Kuwaiti telecom firm Zain is said to be reviewing a possible sale of its African operations, Celtel, valued at $10 billion. The Kuwait Investment Authority (KIA), which is a majority shareholder in Zain with 24.61% share, is in talks...

Infosys among world's 100 fastest growing cos: Fortune Infosys among world's 100 fastest growing cos: Fortune PTI 18 August 2009, 10:29am IST Print Email Discuss Bookmark/Share Save Comment Text Size: | IT bellwether Infosys Technologies, along with Internet major Google and software...

CIC may invest in US mortgages Updated: 2009-08-18 08:04 China's $200-billion sovereign wealth fund is set to invest up to $2 billion in US mortgages as it eyes a property market recovery, two people with direct knowledge of the matter said yesterday. China Investment Corp (CIC) plans to...

Foreign investment continues at KSE Updated at: 1838 PST, Saturday, August 15, 2009 KARACHI: Foreign investors continued to buy shares at the local capital market in this week as well. The foreign investors, in the current week, made a net purchase of 18.4 million dollars worth of...

Moody's ups Pakistan rating from negative to stable Updated at: 1429 PST, Monday, August 17, 2009 LONDON: Moody's Investors Service said on Monday it has raised its rating outlook for Pakistan to stable from negative after the country received a bigger loan from the International...

City Nazim launches over 26 development projects KARACHI (August 18 2009): City Nazim Syed Mustafa Kamal on Sunday inaugurated and launched more than 26 development projects in various areas of city including 24 projects under Lines Area Development Package. On a very busy day, he...

Setting everything apart, does religion really matter in army. For me the most important thing is the love for the your own country and frankly speaking if one got to number the prority of a human then religion would not be even in the top 3. 1. Country 2. Oneself (that is Yourself) 3...

Thanks graphican for the comment, thats for sure we are :rolleyes:

Five agro-industrial parks for Balochistan By Saleem Shahid Saturday, 18 Jul, 2009 | 05:05 AM PST | QUETTA: Minister for Industries and Production Mian Manzoor Ahmed Watto has said that the federal government would invest over 60 per cent of the total allocations made in the Balochistan...

Activity at Karachi and Qasim ports RECORDER REPORT KARACHI (July 19 2009): The Karachi Port handled 134,338 tonnes of cargo including 100,222 tonnes import and 34,116 tonnes export cargo including 1,586 empty and loaded containers during last 24 hours ending at 0700 hours on Saturday. The...

CM says solar energy project to boost industrialisation Saturday, 18 Jul, 2009 | 11:14 AM PST | HYDERABAD: Efforts are under way to exploit solar energy, and also the Thar coal reserves, to overcome shortage of electricity. The solar energy project, besides providing electricity, would...

Exporters' overdue proceeds: EFS facility extended up to December 31 RIZWAN BHATTI KARACHI (July 19 2009): Granting another six months extension, the State Bank of Pakistan on Saturday allowed exporters, whose export proceeds are overdue, to avail financing facility under Export Finance...

New trade policy on July 29 ISLAMABD (July 19 2009): Commerce Minister Makhdoom Amin Fahim will unveil 2009-10 Trade policy on July 29 after the formal approval of the Federal Cabinet. "We are giving final touches to the trade policy, which will be placed before the Federal Cabinet on July...

Top 10 cos add over Rs 1.42 lakh cr; RIL regains Rs 3 tn mark 19 Jul 2009, 1250 hrs IST, PTI MUMBAI: The country's top-10 firms added Rs 1,42,000 crore to their market capitalisation last week with country's most valued firm, Reliance Industries crossing Rs 3 trillion mark after two...