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Rates of exchange 31 Dec 2009

	1 EUR = 120.915	PKR
	1 USD = 84.238	PKR
	1 GBP = 133.727	PKR
	1 JPY = 0.914	PKR

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	RUBRIC NEWS : "ENTERPRISES NEWS"

LPG prices rise in Peshawar : The prices of Liquid Petroleum Gas (LPG) are on the rise in Peshawar like other parts of the country creating negative impact on business activities. Rs.5 per kg has been increase in LPG price. LPG was being sold at Rs.95 per KG a week ago, which has mounted to Rs. 100 per kg currently. A 35 kg cylinder price raised to Rs.3,200 from Rs.3,040 whereas the price of 15 kg ...
07 Dec 2009 19:44

IFC to lend $50 mln to Pakistan's Engro Chemicals : International Finance Corporation , a member of the World Bank Group, said on Tuesday it will lend $50 million to Engro Chemicals <EGCH.KA>, Pakistan's second largest urea manufacturer, to expand its ...
24 Nov 2009 20:32

12 Nov 2009 20:29

D.G. Khan Cement to Spend $360 Million on Factories : D.G. Khan Cement Ltd., Pakistan’s second-biggest producer, plans to invest 30 billion rupees ($360 million) to build a factory at home and in Sri Lanka, aiming to double capacity and tap demand in ...

Telenor Pakistan gives award to retailer : Raza Naqvi, a retailer of Clifton Franchise became a millionaire as he received a cheque of Rs 2.5 million from Chief Marketing Officer, Telenor Pakistan Lars Christian at the ceremony. Raza Naqvi expressed his ...
09 Nov 2009 20:28

BankIslami shows 100% growth in deposits : BankIslami Pakistan Limited announced Tuesday that its customer base has crossed 100,000 mark. The Bank registered an increase of 110 percent in the first 10 months of the year by establishing 52,500 relationships. This growth has helped BankIslami to register almost 100 percent growth in deposits as ...
04 Nov 2009 19:48

Pakistan Petroleum’s Profit Declines on Lower Crude : Pakistan Petroleum Ltd., the nation’s biggest gas producer, posted 36 percent decline in first-quarter profit after oil prices declined. Net income fell to 4.97 billion rupees ($59.4 million), or 5 rupees a share, in the three months ended Sept. 30, from 7.77 billion rupees, or 7.80 rupees, a year earlier, the Karachi- based company ...
02 Nov 2009 19:50

United Bank Third-Quarter Profit Falls on Higher Provisions : By Farhan Sharif Oct. 26 (Bloomberg) -- United Bank Ltd., Pakistan’s third- largest by assets, said third-quarter profit declined 27 percent after it set aside additional funds to cover bad debts. ...
26 Oct 2009 19:53

Pakistan Buys 75,000 Tons of Urea at $296.87 From Transammonia : Oct. 26 (Bloomberg) -- Trading Corp. of Pakistan bought 75,000 metric tons of urea fertilizer from Switzerland’s Transammonia AG at $296.87 a ton, completing the government’s import ...
26 Oct 2009 19:52

Pakistan's MCB Bank Q3 profit at 4.05 billion rupees : KARACHI, Oct 23 <MCB.KA> on Friday reported a net profit of 4.05 billion rupees , slightly higher than expectations, and an interim cash dividend of 2.5 rupees per share. The bank had reported a net profit of 3.95 billion rupees in the quarter ended Sept. 30 of the 2008/09 financial year. ...
23 Oct 2009 18:55

Pakistan Oilfields First-Quarter Profit Falls on Oil Prices : Oct. 23 (Bloomberg) -- Pakistan Oilfields Ltd., the nation’s third-biggest fuel explorer, said first-quarter profit declined 37 percent after oil prices fell. Net income fell to 1.43 billion rupees ($41 million), or 6.03 rupees a share, in the first three months of the fiscal year started July 1, from 2.26 billion rupees, or 9.56 rupees, a year ...
23 Oct 2009 18:54

04 Oct 2008 01:57

China to set up APSCO by end of 2008; proposed by Pakistan, China and Thailand early 1992 : China said it will set up the Asia-Pacific Space Cooperation Organization (APSCO) at the end of this year. Pakistan was one of the three first countries along ...

SMEDA initiative to modernise sports goods preparation : Small and Medium Enterprise Development Authority (SMEDA) has finalized arrangements for setting up a product development centre which is to cost Rs 443 million here to enable local industry ...
04 Dec 2007 14:47

08 Oct 2007 11:30

Unilever wins top honours at Asian CSR Awards : Unilever Pakistan won the Excellence Award in the Best Workplace Practices category at the Asian CSR Awards. According to a press release issued here on Friday the ceremony was held in Vietnam. ...

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