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Oil up in Asian trade on Syria concerns

Source: Geo News | 27-08-2013

SINGAPORE: Oil rose in Asian trade Tuesday on concerns over possible US military action against Syria after Washington warned President Bashar al-Assad's regime it would face action over an alleged chemical weapons attack.

New York's main contract, West Texas Intermediate (WTI) for delivery in

October, was up 57 cents to $106.49 in mid-morning trade, and Brent North Sea crude for October added 45 cents to $111.18.

Proper legislation can provide protection to overseas investors

Source: The Nation | 26-03-2013

The overseas Pakistanis bring $14 billion through bank transactions and another $28 billion through Hawala (money transferred through a network of brokers) every year, totaling $42 billion.“ If government serves its overseas Pakistanis and take initiatives by providing them incentives then they can play a vital role in boosting Pakistan’s ec..... Read more

Bhasha Dam tops govtâ€™s priority list

Source: The Nation | 01-02-2013

The federal government, through the Pakistan Water and Power Development Authority (WAPDA), is implementing multi-purpose Diamer Bhasha Dam as a priority project because of its numerous benefits for economy of the country. In addition to gigantic Diamer Bhasha Dam Project, the work on 4,320 mega watt (MW) Dasu Hydropower Project will also be commenced soon, ..... Read more

Companies collect milk at Rs 32, sell at Rs 90 per litre

Source: The Nation | 07-01-2013

The packed milk companies in a country, which is considered the fourth largest milk producing nation, have significantly dropped milk collection from the farmers and enhanced cheap powdered milk import for processing, as government has no heavy duty to stop this unbridled skimmed milk powder import to protect livestock sector. Despite having mo..... Read more

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