General Business News

Karachi: Pakistan’s exports during October 2011 were valued at US $ 1.896 billion which was 2.2% per cent lower than the level of US $ 1.938 billion during October 2010. Imports during October 2011 were valued at US $ 3.607 billion registering a growth of 12.9 per cent over the …

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the Insurer Financial Strength (IFS) rating of Adamjee Life Assurance Company Limited (ALAC) at “A” (Single A). The rating denotes ALAC’s strong capacity to meet policyholder and contract obligations. At the same time, risk factors are moderate, and the impact of …

Islamabad: Mian Shahid, Chairman of Pakistan Society Watch (PSW) on Thursday said farmers deserve help to take proper decisions to reduce risks associated with their occupation. Production risk is inherent in agriculture due to multiple factors including dependence on weather that can be minimised through proper intervention, he said. Workshops, …

Lahore: Punjab University Institute of Chemical Engineering and Technology’s (ICET) Associate Professor Engineer Dr Ayyaz Muhammad’s book titled “Carbon Dioxide Capture from Upstream Natural Gas: Application of Ionic Liquids (ILs) as Green Solvents” has been published by leading publication house Lambert Academic Publishing (LAP). PU Vice-Chancellor Prof Dr Mujahid Kamran …

Lahore: Etihad Airways, the national airline of the United Arab Emirates, marked its eighth anniversary of the inaugural Etihad Airways flight from Abu Dhabi to Al Ain in 2003 on 5th November 2011. This year the company will fly just under nine million customers, across a global network that spans …

Islamabad: The Prime Minister Syed Yusuf Raza Gilani held a very important and detailed bilateral meeting with Prime Minister Vladimir Putin of Russia on the side lines of the SCO Heads of Government meeting on 7th November, 2011 in St. Petersburg. In the meeting a wide range of subjects pertaining …

Islamabad: Pakistan has reiterated its commitment to regional cooperation under the SAARC at the Meeting of SAARC Standing Committee held at Addu Atoll in the Maldives on 7 November 2011. Foreign Secretary Salman Bashir represented Pakistan at this Meeting of SAARC States Foreign Secretaries, preparatory to the Summit. Pakistan believes …