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CURRENCY BUYING

SELLING

US Dollar 59.9 60
Bahrain Dinar 158 158.1
Canadian $ 50.85 50.95
Euro 70.75 70.85
Hong Kong $ 7.65 7.7
Japanese Yen 0.508 0.51
Kuwaiti Dinar 204 204.1
UK Pound 103.7 103.8
Last updated: Friday 23 Dec, 2005-12.30 P.M (PST)

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3 DAYS FORECAST
In oC

CITIES MIN MAX

HUM%

FOR.

KARACHI
Today 12 26 38 Sunny
Tomorrow 11 27 38 Sunny
Day after 11 28 38 Sunny
LAHORE
Today 1 20 87 Sunny
Tomorrow 2 20 87 Sunny
Day after 2 21 87 Sunny
ISLAMABAD
Today 0 18 59 Sunny
Tomorrow 0 18 59 Sunny
Day after 0 21 59 Sunny
HUM%: Humidity In %
FOR.: Weather Forecast
updated: Fri - Sun 23-25 Dec, 2005

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KARACHI         - 021 LAHORE          - 042 ISLAMABAD    - 051 FAISALABAD   - 041 MULTAN          - 061 PESHAWAR    - 0521 CANADA          - 1 KUWAIT           - 965 INDIA               - 91 IRAN                - 98 U.K                   - 44 U.A.E                - 971 U.S.A                - 1

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  .
FOREIGN INVESTMENT IN PAKISTAN
 
 
ISSUE # 48-----Nov 28 - Dec 04, 2005

Foreign investment is gaining momentum in the country as reflected in the figures of the first four months (July-October) of the current financial year (2005-06), registering an investment of $682 million as against $300.7 million in the corresponding period of last year.
The target of Director Foreign Investment (FDI) for the current fiscal year was fixed at $3.5 billion, including the privatisation of PTCL and KESC.
Due to some snags developed in the $2.59 billion deal of PTCL with Etisalat of UAE the target is likely to be revised.


  EXPANDING AGRI HORIZONS

The present leadership is credited with taking some unique initiatives for the uplift of the economy, education, industry, and notably the agriculture, which happens to be its backbone.
The creation of a special portfolio of Agricultural Marketing in the cabinet to give the sector the much-needed boost was a step in the right direction. Another milestone was the recent creation of PAMCO (Punjab Agri Marketing Company) headed by a dynamic Mansoor Arifeen, a US educated business executive destined to break fresh ground in this hitherto neglected area.


 

 
 

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