Entries filed in 'Business'
July 20th, 2008 by Aimon
Source: The Inquirer
By Tony Dennis
Ufone teams up with Rok for video clips
Showing just how innovative some mobile operators can be, Pakistan’s Ufone has put together a news service with the UK’s own Rok Entertainment group.
The beauty of the Ufone Video News service is that you don’t need a fancy 3G phone and the mobile internet to receive […]
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July 17th, 2008 by Aimon
Source: The Hindu
Growing economic and political uncertainty pushed Pakistani shares to new depths on Thursday and triggered violent protests at the Karachi Stock Exchange.
By Thursday afternoon, the exchange’s benchmark 100-share index was down 4.2 percent at 10,056 points. The index is at an 18-month low and has fallen about 36 percent from an all-time high […]
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July 15th, 2008 by Aimon
Source: ALE-Xpressed
Wrong guess. It’s not about Cuckoo’s – continue reading!
I have this bad habit of roaming around the city with friends on the weekends and like all Lahoris, dining out in the end with no good entertainment options available. Being fed up of the exquisite restaurants, all stereo-typed to the same M.M.Alam road restaurants; I […]
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July 14th, 2008 by Aimon
Source: The New York Times
By PIR ZUBAIR SHAH and JANE PERLEZ
The mountain of white marble shines with such brilliance in the sun it looks like snow. For four years, the quarry beneath it lay dormant, its riches captive to tribal squabbles and government ineptitude in this corner of Pakistan’s tribal areas.
But in April, the Taliban […]
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July 10th, 2008 by Aimon
Source: Pak Tea House
Justice Hamid Ali Shah of the Lahore High Court (LHC) on Tuesday issued stay orders against the establishment of franchise restaurants at either of the Lahore and Islamabad airports since the restaurants were being established without advertising tenders for the purpose. The judge also issued notices to the Civil Aviation Authority (CAA) […]
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July 9th, 2008 by salmanit

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July 7th, 2008 by Aimon
Source : M & G
Pakistan’s troubled rupee slumped to a new record low on Monday against the US dollar over continued political and economic uncertainties, traders said.
The rupee plunged to 71.10 against the dollar to trade at 70.50/71 in the open market during the afternoon trade.
The fresh decline was lower even from Thursday’s rate which […]
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July 6th, 2008 by Aimon
Source: MENAFN .com
Jumeirah Group has signed an agreement with Pakistan’s Zahdan Retail Private Ltd that will see the expansion of the Dubai hotel operator’s restaurant business in Pakistan.
Jumeirah’s branded restaurant division, The Taste Department, plans to set up 12 Noodle House outlets in Pakistan over the next five years. Murtaza Hashwani, chairman and CEO of […]
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July 4th, 2008 by salmanit

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ISLAMABAD: Nuclear scientist Dr. Abdul Qadeer Khan has said that North Korea received centrifuges from Pakistan in a 2000 shipment supervised by the security forces.For Full Story Pls Visit http://unbealiveblenews.blogspot.com/2008/07/n-korea-received-centrifuges-from.html
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July 1st, 2008 by Aimon
Source: Just style
By Ahmed Abdullah
At least seven labourers sustained bullet injuries in Faisalabad, Pakistan, last week when gunmen of a textile factory opened fire on workers demonstrating for an increase in wages amid a minimum wage transformation in the country.
In retaliation, the workers pelted stones and torched another factory under the same management. Later, the […]
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July 1st, 2008 by salmanit

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President hints at Addressing Parliament.
ISLAMABAD: President Pervez Musharraf on Monday hinted at addressing the joint session of parliament.
The indication came during his meeting with opposition leader in the National Assembly Chaudhry Pervaiz Elahi, who called on the president at the presidential camp office in Rawalpindi and discussed with him political and economic situation of the […]
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July 1st, 2008 by salmanit

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ISLAMABAD: The Establishment Division on Monday issued an ambiguous notification explaining the package and remunerations of the newly-appointed chairman-cum-managing director of the state-owned Pakistan Television Corporation (PTV).
The letter of the Establishment Division bearing No 1/64/2008-E-6, dated June 30, 2008, says that besides the fixed remuneration of the new chairman PTV, any other “financial benefits” are […]
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June 30th, 2008 by Aimon
Source: Business
The Pakistani rupee on Monday hit a new low versus the US dollar as traders looked for triggers from an upcoming central bank meeting.
The rupee was trading at 68.30 against the dollar in the interbank market, down from 67.85 last week due to uncertainty over interest rate policy by the central State Bank of […]
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June 25th, 2008 by salmanit

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Some years ago, I wrote, ‘In Pakistan, every politician goes to bed at night with the dream that he would wake up next morning as the Prime Minister.’
Similarly, I’d say today that, ‘Every journalist in Pakistan goes to bed every night with the thought that he would wake up next morning as the Information Minister […]
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June 24th, 2008 by Aimon
Source: BBC
Pakistan’s main stock index has surged after its owner, the Karachi Stock Exchange (KSE), announced measures to stabilise the market.
The KSE’s 100 share index gained 782.74 points, or 7%, to 11,944.91 after reaching a 15-month low on Monday.
A crisis of confidence in Pakistan’s economy and uncertainty about its ruling party have hit shares recently.
The […]
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June 19th, 2008 by Aimon
Source: St. Louis Business Journal
by Matt Allen
CKE Restaurants Inc., parent company of St. Louis-based Hardee’s Food Systems Inc., said Tuesday it plans to open 25 restaurants over the next five years in Pakistan.
CKE signed deals with Lahore, Pakistan-based MDS Foods to open 15 Hardee’s in Lahore over the next five years and with Karachi, Pakistan-based […]
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June 7th, 2008 by anum

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ISLAMABAD: President Pervez Musharraf said that he could not resign in current situation and if anyone wants to impeach, there is constitutional procedure available for it.
Talking to senior journalists here on Saturday, Musharraf said that political and economical situation of the country is worst and he is always talking about reconciliation.
Replying to a question about […]
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June 1st, 2008 by Aimon
Source: Herald Tribune
Pakistan’s economy will expand by less than 6 percent for the first time in five years amid double-digit inflation and ballooning budget and trade deficits, the central bank said Saturday.
Economic problems are adding to the pressure on Pakistan’s new civilian government as it struggles for power with President Pervez Musharraf and tries […]
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May 29th, 2008 by Sana
Source: Daily Times
LONDON: The outgoing Pakistan High Commissioner to the United Kingdom, Dr Maleeha Lodhi has said trade relations between the two countries were strong and strengthening day by day.
Britain and Pakistan have always enjoyed good trade relations and UK is currently its third largest trading partner, she said at a farewell reception hosted in […]
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May 25th, 2008 by Aimon
Source: Telegraph .co.uk
The mobile phone giant, unperturbed by the stagnant European market, is busy casting a wider net, writes Dominic White
Two years ago Arun Sarin was on the ropes. His position as chief executive of Vodafone was under threat from a tumbling share price, fears about growth and a boardroom rumpus that peaked with the […]
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May 20th, 2008 by najmi

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Authorities in Pakistan have warned that people hoarding wheat will have their stocks confiscated unless they sell it to government agencies.
The government says production of wheat will fall a million tonnes short of what the country requires this year.
There have been accusations that some Pakistani traders are illegally selling wheat intended for domestic use abroad.
The […]
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May 18th, 2008 by Aimon
Source: The Pakistani Spectator
by Ali Khan
When today, I gave myself a break from “yearning for justice” and went to buy flour, I got shocker my life, as despite of roaming about the whole locality and then half of the city, I was unable to find a single bag of flour.
Small-time shopkeepers showed me despair and […]
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May 18th, 2008 by Aimon
Source: Teeth Maestro
Last week, while the country was besieged with crippling food and energy shortages, the government authorised the Ministry of Agriculture to finalize a deal with Monsanto for the introduction of BT cotton. BT cotton’s global record, failures and dangers were not adequately publicised in the media. There has been no public debate to […]
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May 18th, 2008 by Sana
Source: Online News
ISLAMABAD: The visiting Malaysian Prince, His Royal Highness Prince Raja Ashman Shah, the son of Sultan Azlan Shah, former King of Malaysia met with local investors and government authorities in Islamabad.
The Prince was satisfied with the investment climate in Pakistan and with the policies of the Government of Pakistan to support and safeguard […]
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May 18th, 2008 by Sana
Source: Daily Times
By Ijaz Kakakhel
ISLAMABAD: Sector Manager World Bank, Adolfo Brizzi, termed Friday the higher food prices as blessing for farmers and let the rural economy towards prosperity by investing more in agriculture sector.
Talking to Daily Times, he said the prices of petroleum products reached maximum level and are still rising.
He expressed these views after […]
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