Pakistan have the Largest Gold and Copper Mines. Largest Gold mine has been discoverd in PAKISTAN.
But we need to utilize them to fulfill the Basic needs of Pakistan. We don' t need money from any Country, we just need to work hard...
Thursday, August 27, 2009
World’s Largest Gold Mines In Pakistan
Business Indicators
With an overall score of 5.82/12, Pakistan is progressing toward standard on the economic, legal, and political indicators that make up our Business Index. Pakistan is a market-based, mixed economy. According to the 2008 Heritage Foundation Index of Economic Freedom Index, Pakistan's government spending, which include the figures for consumption and transfer payments, is low. As a percentage of GDP, government spending totaled 18.2%. Pakistan encourages foreign investment and provides significant tax incentives in certain sectors. However, a few formal restrictions on foreign investment impede investment. Although property rights are protected by law, the legal system functions poorly. Corruption is extensive, as reflected by its ranking of 134th out of 180 countries in Transparency International's Corruption Perceptions Index.
US’s $1bn Islamabad home is its castle
ISLAMABAD – The ambitious US$1 billion plan of the United States to expand its presence in Pakistan’s capital city of Islamabad underscores Washington’s resolve to consolidate its presence in the region, particularly in pursuit of the endgame in the “war on terror”.
This marks the beginning of direct American handling of “war and peace” diplomacy in the region, following the forging of a seamless relationship between the Pakistani military establishment and the US military. (See Pakistan-US plan falls into place Asia Times Online, July 24, 2009.)
Standing in the way are Pakistan’s restive tribal areas and the seemingly never-ending – and escalating – Taliban-led insurgency in Afghanistan’s Pashtun provinces.
According to reports, the US will spend $405 million on the reconstruction and refurbishment of its main embassy building in the diplomatic enclave of the capital; $111 million for a new complex to accommodate 330 personnel; and $197 million to construct about 250 housing units.
For this purpose, the US Embassy has acquired about 7.2 hectares of land at what is widely considered a mark-down price of 1 billion rupees (US$12 million), courtesy of the state-run Capital Development Authority. A Turkish firm has already built a 153-room compound for the embassy.
The fortress-like embassy will eventually accommodate close to 1,000 additional personnel being sent to Islamabad as part of the US administration’s decision to significantly raise its profile in the country. The new staffers will augment the current 750-strong American contingent already based in Pakistan; this against a sanctioned strength of 350.
Suicide bombing in Pakistan kills 3 soldiers, injures 3 others
In another act of violence on the Afghanistan-Pakistan border, a suicide bombing in Waziristan has killed three soldiers and injured three others.
A suicide bombing in Northern Waziristan has killed three security personnel and seriously injured three others on Tuesday, according to CNN.Pakistani intelligence officials confirmed that a car with explosives ran into a security checkpoint in Miran Shah, which is a town in northern Waziristan. Bombing, shootings and general violence has increased in that part of the Afghanistan-Pakistan border.
Cross border cell phone signals – AirTel removes some towers
This story caught our eye because we’ve experienced something very similar in Lahore. If you are in the Bedian, Mughalpura, Harbanspura or other areas close to the border with India, you will find that your GSM cell phone will pick up at least a couple of Indian cell phone networks! In particular, AirTel seems to be the one with the best chances of connecting. We experimented with a phone configured for global roam, and sure enough, AirTel actually works for both voice and GPRS data. Now, at least across the LoC, AirTel has decided to remove 10 cell phone towers to avoid this loophole.
Pretty interesting when seen within the conventional context of “Secure communications”. It is technically possible for someone to be in Pakistan when they are actually in India and vice versa. Moreover, any attempts to “introspect” voice or data communications done in this “over the border” manner will also not work. (more…)
Pakistan’s forex reserves rise to $11.15B, KSE rockets 24% since Dec 31st 2008
It was only back on the 30th of January that we covered the foreign exchange reserve position. At the time, the reserves stood at $10.2B and we had projected that this number would continue to rise very rapidly due to import reduction, healthy export performance and other expected inflows. Well, our projection has been borne out to quite some degree. In only 90 days, Pakistan’s foreign exchange reserve position has improved by $1B and it currentlystands at $11.15B.
In addition to the progress on the forex reserve front, the Karachi Stock Exchange, Pakistan’s largest stock exchange, has also been staging a healthy recovery from the bearish trend it succumbed to during the second half of 2008. The KSE is up 24% from its Dec 31st close. And this is after a recent technical correction; the KSE actually peaked at 7,902 or a 36% increase over the Dec 31st close.
Through slightly more subjective information gathering, we’ve also determined that the real estate market is showing signs of very strong acceleration once again. While the mortgage crisis never really hit Pakistan since much of the privately owned property is owned outright, demand had receded somewhat through the second half of 2008. This is, however, no longer the case. The property business is picking up in a healthy way in Lahore and Islamabad, and prices are continuing to rise. One benchmark that we obtained specific information on is the price of plots in Lake City. A reference home that was available for Rs. 13.4M 18 months ago is now priced at Rs. 16M, showing 12% appreciation in just a year and a half. As compared to most international property markets, this is phenomenal growth, even if it is slow by historic Pakistani standards.
With the recent 1% cut in the State Bank’s interest rates, credit is on its way to becoming cheaper. There is still lots of room to go, but easing the rate certainly indicates that the inflationary threat is receding.
Pakistan, Forex and Musharraf
With the current account deficit widening, inflation boiling at over 24% and foreign reserves dieing out at the rate of $1 billion a month. Pakistan’s economic indicators seem to have taken a nose dive. Where did it start and when will it end?
The dollar today stands at over Rs.80 in the open market. Citigroup calls weak rupee ‘a legacy of flawed economic policies’. Economic policies put in place by a generous gift to Pakistan, from Citigroup itself, the MBA-cum-economist Mr.Shaukat Aziz. The other Shaukat, Tareen our latest in the line of Finance ministers boldly throws all the blame on the previous government and it’s “Short-term” aimed policies.
Obama voices grave concerns about Pakistan
A woman holds her child at a repatriation centre in Peshawar, located in the North West Frontier Province April 30, 2009. US President Barack Obama said on April 29 that Pakistan's greatest threat was internal, and not from long-time rival India, as Pakistan troops took back a key town to halt a Taliban advance on the capital
Monday, August 24, 2009
Replica Watches Reasonably Priced Time Pieces
When people think about replica watches they picture many things. They envision a poorly made time piece which knocks off the design of high end expensive luxury watches. While the law may be hazy on the actual legality of replica watches many people don’t realize that they make very smart buys. Besides a watch is a watch and why pay more when you can practically get the same for a lot less?
Virtual Tour De Pakistan!
Travel and tourism not only a growing industry to have an economic look at, but also a best thing to consider when the workloads and professional duties have squeezed all your energies. This is the best time to search for some place to have outing, and according to experts it’s crucial to leave your dwelling for at least two days in a year, and should go out of city even. This is what a general overview about travel, but specifically there are many things associated with travels, like travel insurance over 70, tourism management, and even the whole hospitality industry is a matter of great concern, from finding employment opportunities to having your own business in it.
Well, today, I won’t talk more about the hospitality industry and the economy, instead just to draw readers attention towards some beautiful and worth visiting places in Pakistan. Almost the whole of north is blessed with remarkable heart touching places exhibiting natural beauty. I myself belong to Rawalakot, Azad Kashmir, and have seen a major part of it. Placing a snapshot here.
Pakistan Gets $5.28 Billion for Economy, Security (Update2)
April 17 (Bloomberg) -- Pakistan won pledges for $5.28 billion in aid from more than 20 countries to help shore up an ailing economy and combat al-Qaeda and Taliban militants along its border with Afghanistan.
“Today’s commitment will enhance Pakistan’s capacity to fight terrorism and give us an ability to strengthen civic institutions that have weakened over the years,” Pakistani Foreign Minister Shah Mahmood Qureshi said after a donor conference in Tokyo today. “We will use force whenever required but we have to reach out to the people, give them development and cater to their social needs.”
While the aid is welcome, “it all boils down to how effectively the government is going to spend it,” said Habib ur-Rehman, chief executive officer of Atlas Asset Management in Karachi. The year-old civilian government led by President Asif Ali Zardari has “not been very effective so far” in solving problems of weak governance and a slumping economy, he said, noting it has been embroiled in months of political infighting.
“This government is not clean,” said Syed Adil Gilani, chairman of the Pakistan chapter of Transparency International, an anti-corruption lobby group. “We want to see what conditions and monitoring the donors will apply to ensure that the money is used for the purpose given.” Transparency International’s annual index lists Pakistan as the 46th most corrupt country of 180 surveyed.
‘Crucial Moment’
The funds, to be spread over two years, will help the South Asian nation at a “crucial moment,” Japan’s Prime Minister Taro Aso said. Donor nations ranging from the U.S. to Iran, Saudi Arabia and China also reaffirmed commitments of more than $15 billion for projects to reduce poverty and boost growth.
Pakistan used the conference to rally support after terrorist attacks killed an average of 84 people a month so far this year including an ambush of Sri Lanka’s national cricket team. The government was seeking about $6 billion to reduce its dependence on the International Monetary Fund, which provided a $7.6 billion bailout in November.
“Pakistan desperately needs these funds to overcome its budgetary gap and support development projects which will help curb poverty,” said Zainab Jabbar, chief economist at IGI Securities Ltd. in Karachi.
The economy is forecast to expand 2.5 percent in the 12 months ending June 30, the slowest pace in eight years, after growing at an average annual pace of 5.8 percent since 2002. Economic growth will start picking up from July to an average annual rate of more than six percent over the next five years, the government has said.
Biggest Donors
The biggest donors today were the U.S. and Japan, which gave $1 billion each, and Saudi Arabia with $700 million, said World Bank Vice President Isabel Guerrero. While no specific conditions are attached to the aid, the IMF will make regular visits to Pakistan to monitor economic progress.
“The money will serve different purposes but most importantly it will shield the poor from the shocks of the global economic recession,” she said. The bank co-hosted the donor conference with Japan
Forex News Training Course In Currency Trading
Whether you are just dabbling in Forex or doing full-blown Forex trading, it is vital that you stay on top of Forex news. In fact, some day traders say that following news around the world can be somewhat addicting. With globalization in the news nearly every day, it seems there is always something of interest going on.
Financial News
Here are a few interesting examples of recent Forex news stories that FX day traders found interesting. Forex currencies are always traded in pairs, so stories refer to two different currencies. These Forex news stories directly relate to currency and finance.
-A recent story reported that retail traders had just tipped to a net short positioning on the same day that the British pound gained a 200 point plus rally.
-Forex traders watch the U.S. housing slump very carefully, gauging the market for mortgage futures.
-When the U.S. Fed made its recent rate cut, one Forex news service reported that expectations for the U.S. Dollar were “falling like a rock.”
24hr Forex Trading – Forex Trading Hours
Open a forex account and enjoy a 24hr Forex Trading experience. Currencies are traded 24 hours a day, from Sunday afternoon EST* (Eastern Standard Time) to Friday afternoon EST. Through this 5+ day week of market activity, there is always at least one financial center open for business. Indeed, as some markets close for the night, others open somewhere else on the planet. Since forex trading hours overlap, currencies are being traded continuously. In other words, forex practically never stops.
Traders new to the world of foreign exchange tend to think that since the market is open 24 hours a day, they may trade whenever they choose during the day. Although this preconceived idea is actually true, it needs to be clarified. Indeed when it comes to forex trading hours, some hours present better opportunities than others. By better opportunities, we mean of course potentially greater profit. So what are the most suitable forex trading hours and why?
Usually, the best time to enter forex markets is when large volumes of currencies are traded. At those hours, traders can take full advantage of forex benefits. Since the forex market is traded 24 hours a day, the best time to enter is when several countries are trading at the same time. In each time zone across the world, forex markets operate from 8 am to 4 pm. So, to take advantage of heavy trading volume, the best is to look at when forex market hours in different countries overlap. Those hours are usually the time when the forex market is the most active and has thus the largest volume of trades and the biggest pip movements
Kanwal Hashmat Malik
Kanwal Hashmat Malik is one of the youngest internationally renowned entrepreneurs of Pakistan with diversified work experience in the avenues of banking, general trading, forex trading, higher education consultancy, franchising and the retail business. As an inspiring icon to the youth, she interacts quite often in international women and youth conferences in and outside Pakistan. She is a celebrity CEO who is ambitious, hard working, honest and loves what she does. According to her, she has and will continue to make Pakistan proud through her various achievements.
The best part of being a woman…
If you want something, ask a man. But if you want to get things done, ask a woman.
How do you strike a balance between your personal and professional life?
As much as a workaholic I may seem, I’m an easy-going, flexible and laid back person at home on weekends. I enjoy reading, cooking, playing the keyboard, singing and enjoying quality time with my family. Before, I used to bring my work home and now I just let it wait for me.
Forex Trading Software - How To Make Money In Forex
How to find the best automated forex software can be hard to do. With so many out there you find yourself asking this question over and over. All you know is that you want a program that help to make better trades so you can profit from them. You may have bought a program recently that didn't live up the hype o the price since some of these auto programs can be quite expensive. But not to worry there are some out there that fulfill on the promises. Now I will show you what to look at when purchasing one.
Tips to look out for when buying an Automated Forex Software
The interface of the program: Look for the easy to use ones. The more complicated the harder it is to operate and if you have trouble operating the program than the potential of losing money is higher. Like the motto goes "Keep it simple"
Instructions:
Refund policy: Last but certainly not least the refund policy. Refund policy is crucial to have one. Look for the refund policy about 30 to 60 days. Try it out and if it works than great but if not simply get your money back.
Essentially, the job of the software is to comprehend complex data, like mathematical algorithms, and also to analyze the present market data throughput the day. With volatility of Forex trading, the software is designed also to look after the past data, and point out solution for the present market situation.
5 Key Reasons To Invest In Pakistan Reason - 1: Geo-strategic Locatio
Located in the heart of Asia , Pakistan is the gateway to the energy rich Central Asian States, the financially liquid Gulf States and the economically advanced Far Eastern tigers. This strategic advantage alone makes Pakistan a marketplace teeming with possibilities.
[+] Quintessentially English CV Advice Service — Islamabad
It is often very difficult for non-native English speakers to produce professional CVs that are error free from the perspective of English usage. This may put such job applicants at a disadvantage in securing that first key interview in competition with native English speakers. Getting to that interview and then demonstrating that you have the skills that are needed for the job may be all that stands in the way between success and failure. Here is where the Quintessentially English CV Service can help you. We can assist with a simple redrafting of your CV through to full CV writing and the preparation of job application letters. QECVAS is managed by a British senior university academic who has been involved for over 20 years in securing employment for undergraduates in commerce and industry.
Seven dead, more feared drowned as bus falls into Pakistan canal
slamabad - Seven people were killed and a score more were feared drowned Friday when a bus fell into a canal in eastern Pakistan, police said.
The driver lost control while overtaking another vehicle on a sharp bend next to the Abbasia canal near the town of Rahimyar Khan in Punjab province.
"Rescuers have found seven bodies while four people - two women and two children - have been pulled out of the water alive," police officer Sheikh Abid Akhtar said.
What is Technical Analysis?
Get In And Get out - At The Right Time: Traders rely on price charts, volume charts and other mathematical representations of market data (called studies) to find the ideal entry and exit points for a trade. Some studies help identify a trend, while others help determine the strength and sustainability of that trend over time. Technical analysis can add discipline and minimize emotion in your trading plan. It can be hard to screen out fundamental impressions and stick with your entry and exit points as planned. While no system is perfect, technical analysis helps you see your trading plan through more objectively and dispassionately. Types Of Charts:
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