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Mansha in Forbes list of richestMar 12, 2010 TFD Report KARACHI: The country's business tycoon, Mian Mohammad Mansha has entered in the Forbes magazine's list of world's richest persons. Mansha stood at 937th position and is the first Pakistani ever to feature in the ratings. As per Forbes, Mian Mohammad Mansha, Chairman MCB Bank, has net worth of $1.6 billion, which helped him enter the list. Forbes released Wednesday a list of the top billionaires in the world, Mian Mansha became the first Pakistani to achieve the glory. ... |
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Wah weapon mill may go bankruptMar 12, 2010 Pakistan Ordnance Factory needs Rs21bn ISLAMABAD: Pakistan Ordinance Factory (POF) Wah is bordering on a financial crisis and needs immediate assistance to continue operations without a hitch. According to details the POF administration has told the government it urgently needs Rs245 million to run the works smoothly. ... |
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Feb inflation up 13.04pc YoYMar 12, 2010 Analysts see room for rate cut Slows down for first time in 4 months ISLAMABAD: Country's Consumer Price Index (CPI) rose 13.04 per cent in February from a year ago, the Federal Bureau of Statistics (FBS) said on Thursday. ... |
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Country’s FX cache down at $14.72bnMar 12, 2010 KARACHI: State Bank of Pakistan (SBP) data Thursday showed country's foreign exchange reserves reduced to $14.72 billion in the week ending on March 6 from $14.80 billion the previous week. Reserves held by the SBP fell to $10.91 billion from $10.96 billion a week earlier, while those held by commercial banks eased to $3.81 billion from $3.84 billion the previous week, said Syed Wasimuddin, chief spokesman for the central bank.-Reuters ... |
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Pak hockey players retireMar 12, 2010 Qasim Zia sacks, management, selection panel Staff Reporter KARACHI: Following defeat in the play-off match against Canada for the 11th or 12th position in the FIH World Cup hockey tournament, Pakistani players announced retirement from the game. Pakistan were beaten by Canada 2-3 to finish last in the FIH World Cup being played in New Delhi. ... |
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