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	<title>Pakistan Business News | Pakistan Finance</title>
	
	<link>http://www.onepakistan.com/finance/news</link>
	<description>World Business | Banking | Money | Budget</description>
	<lastBuildDate>Mon, 28 May 2012 10:19:41 +0000</lastBuildDate>
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		<title>Hong Kong Company shows interest in Thar Coal Project</title>
		<link>http://www.onepakistan.com/finance/news/general/9174-hong-kong-company-shows-interest-in-thar-coal-project.html</link>
		<comments>http://www.onepakistan.com/finance/news/general/9174-hong-kong-company-shows-interest-in-thar-coal-project.html#comments</comments>
		<pubDate>Mon, 28 May 2012 10:19:41 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9174</guid>
		<description><![CDATA[Karachi :   Jong Tai Energy Corporation of Hong Kong, has showed its keen interest in investment in Thar Coal Project, Chairman Sindh Investment Board Muhammad Zubair Moti Wala said. According to an official hand out on Sunday a meeting in this connection was held between Samson Pan, Chairmen Jong Tai and Muhammad Zubair Moti [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Imperative need to revisit Pakistan, Sri Lanka Free Trade Agreement to benefit businessmen, investors</title>
		<link>http://www.onepakistan.com/finance/news/general/9169-imperative-need-to-revisit-pakistan-sri-lanka-free-trade-agreement-to-benefit-businessmen-investors.html</link>
		<comments>http://www.onepakistan.com/finance/news/general/9169-imperative-need-to-revisit-pakistan-sri-lanka-free-trade-agreement-to-benefit-businessmen-investors.html#comments</comments>
		<pubDate>Sat, 26 May 2012 14:44:51 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9169</guid>
		<description><![CDATA[Karachi, There is imperative need to revisit Free Trade Agreement FTA between Pakistan and Sri Lanka so that businessmen and investors in both countries can seriously endeavor to enhance trade and take advantage of incentives offered by both governments. This was stated by President Pakistan, Sri Lanka Business Forum PSLBF Tarek Khan Saturday while addressing [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>India may bar Europe carriers in climate tax row</title>
		<link>http://www.onepakistan.com/finance/news/world/9164-india-may-bar-europe-carriers-in-climate-tax-row.html</link>
		<comments>http://www.onepakistan.com/finance/news/world/9164-india-may-bar-europe-carriers-in-climate-tax-row.html#comments</comments>
		<pubDate>Sat, 26 May 2012 13:55:59 +0000</pubDate>
		<dc:creator>AFP</dc:creator>
				<category><![CDATA[World]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9164</guid>
		<description><![CDATA[NEW DELHI  &#8211; India said it may stop European carriers from flying into the country if the European Union bans airlines from the South Asian nation that boycott the EU&#8217;s new emissions fee system. &#8220;We will take retaliatory actions to counter steps taken by the EU. If Europe bans our carriers we will ban theirs [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>EAC Gives Suggestion For Upcoming Budget</title>
		<link>http://www.onepakistan.com/finance/news/general/9161-eac-gives-suggestion-for-upcoming-budget.html</link>
		<comments>http://www.onepakistan.com/finance/news/general/9161-eac-gives-suggestion-for-upcoming-budget.html#comments</comments>
		<pubDate>Fri, 25 May 2012 17:56:04 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9161</guid>
		<description><![CDATA[Islamabad ,A meeting of Economic Advisory Council (EAC) held here Friday under the chairmanship of Federal Minister for Finance and Economic Affiars  Dr. Abdul Hafeez Shaikh. Renowned experts including Mr. Shaoukat Tareen,  Mr.Nasim Beg, Dr. Ejaz Nabi, Ms Aysha and others gave multifarious recommendations on the national economy in context of upcoming budget. Dr. Hafeez [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>APCNG warns to shut down petrol, CNG stations if govt increases price</title>
		<link>http://www.onepakistan.com/finance/news/general/9158-apcng-warns-to-shut-down-petrol-cng-stations-if-govt-increases-price.html</link>
		<comments>http://www.onepakistan.com/finance/news/general/9158-apcng-warns-to-shut-down-petrol-cng-stations-if-govt-increases-price.html#comments</comments>
		<pubDate>Fri, 25 May 2012 17:51:23 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9158</guid>
		<description><![CDATA[Islamabad,  All Pakistan CNG Association Friday announced to stage sit in and shut down stations if prices of CNG are further increased and load-shedding  duration for CNG not reduced. This call was given by Ghiyas Abdullah Piracha, Chairman All Pakistan CNG Association while addressing a news conference here at National Press Club (NPC). Other office-bearers [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Indonesia high level business delegation participate in Karachi Oasis of harmony – 9th Intl exhibition</title>
		<link>http://www.onepakistan.com/finance/news/general/9154-indonesia-high-level-business-delegation-participate-in-karachi-oasis-of-harmony-9th-intl-exhibition.html</link>
		<comments>http://www.onepakistan.com/finance/news/general/9154-indonesia-high-level-business-delegation-participate-in-karachi-oasis-of-harmony-9th-intl-exhibition.html#comments</comments>
		<pubDate>Fri, 25 May 2012 13:29:27 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9154</guid>
		<description><![CDATA[Karachi,  A high level Indonesian business delegation led by Ilhami Ilyas, Chairman Pakistan, Bangladesh &#38; Nepal Committee, Indonesian Chamber of Commerce &#38; Industries (KADIN) will visit Pakistan from July 13-17, 2012 and participate in 9th Karachi Oasis of harmony &#8211; 9th International exhibition, a message from Jakarta said. Pakistan Ambassador Sanaullah addressing Business Forum at [...]]]></description>
		<wfw:commentRss>http://www.onepakistan.com/finance/news/general/9154-indonesia-high-level-business-delegation-participate-in-karachi-oasis-of-harmony-9th-intl-exhibition.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Fertilizer manufacturers urge government buy local urea, stop its import</title>
		<link>http://www.onepakistan.com/finance/news/general/9147-fertilizer-manufacturers-urge-government-buy-local-urea-stop-its-import.html</link>
		<comments>http://www.onepakistan.com/finance/news/general/9147-fertilizer-manufacturers-urge-government-buy-local-urea-stop-its-import.html#comments</comments>
		<pubDate>Fri, 25 May 2012 13:22:52 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9147</guid>
		<description><![CDATA[Lahore,  Fertilizer manufacturers urged government to take advantage of their offer to buy locally manufactured urea instead of buying it from world market by spending huge foreign exchange. Urea is available for current season and foreign exchange be used to import furnace oil for power sector to overcome energy crisis. There is huge financial crunch [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Liquefied Petroleum Gas price increased by Rs 5-6 per kilo</title>
		<link>http://www.onepakistan.com/finance/news/general/9146-liquefied-petroleum-gas-price-increased-by-rs-5-6-per-kilo.html</link>
		<comments>http://www.onepakistan.com/finance/news/general/9146-liquefied-petroleum-gas-price-increased-by-rs-5-6-per-kilo.html#comments</comments>
		<pubDate>Fri, 25 May 2012 12:19:56 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9146</guid>
		<description><![CDATA[Karachi,  Liquefied Petroleum Gas LPG marketing companies increased price by Rs 5-6 per kilo after depletion of 3,000 tons LPG surplus reserve in the country, Patron-in-Chief All Pakistan LPG Distributors Association &#38; Chairman FPCCI Standing Committee on LPG Abdul Hadi Khan said Friday. He said after this increase, LPG will be sold at Rs 95-96 [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>SBP conversion rates</title>
		<link>http://www.onepakistan.com/finance/news/money-banking/9145-sbp-conversion-rates-46.html</link>
		<comments>http://www.onepakistan.com/finance/news/money-banking/9145-sbp-conversion-rates-46.html#comments</comments>
		<pubDate>Fri, 25 May 2012 11:50:06 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9145</guid>
		<description><![CDATA[KARACHI,  The State Bank of Pakistan on Friday announced the rates applicable for conversion into rupee of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profits thereon by all banks and for providing forward cover on Foreign Currency Deposits (Excluding FE 25 deposits) on May 28, 2012. The [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Profits losses widen at India’s Jet Airways</title>
		<link>http://www.onepakistan.com/finance/news/world/9140-profits-losses-widen-at-indias-jet-airways.html</link>
		<comments>http://www.onepakistan.com/finance/news/world/9140-profits-losses-widen-at-indias-jet-airways.html#comments</comments>
		<pubDate>Thu, 24 May 2012 21:13:42 +0000</pubDate>
		<dc:creator>AFP</dc:creator>
				<category><![CDATA[World]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9140</guid>
		<description><![CDATA[MUMBAI &#8211; India&#8217;s biggest private airline Jet Airways on Thursday reported a wider quarterly net loss than a year earlier after being hit by the falling rupee and soaring fuel costs. The carrier recorded a consolidated net loss of 2.98 billion rupees ($55 million) in the three months to March, against a loss of 1.24 [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Askari Bank Ltd., ZONG launch Branchless Banking Services</title>
		<link>http://www.onepakistan.com/finance/news/general/9129-askari-bank-ltd-zong-launch-branchless-banking-services.html</link>
		<comments>http://www.onepakistan.com/finance/news/general/9129-askari-bank-ltd-zong-launch-branchless-banking-services.html#comments</comments>
		<pubDate>Thu, 24 May 2012 15:40:05 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9129</guid>
		<description><![CDATA[Islamabad :  Askari Bank Limited and Zong fastest growing cellular network of Pakistan entered into joint venture to launch branchless banking services in the country under Bank Telco JV arrangement. Pilot launch now offers conventional banking services currently salary disbursement for large-scale organizations, account to account transfer through mobile channel. It is powered by Inov8, [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Pakistan’s foreign exchange reserves increase by $207mln to $16.311bln</title>
		<link>http://www.onepakistan.com/finance/news/money-banking/9128-pakistans-foreign-exchange-reserves-increase-by-207mln-to-16-311bln.html</link>
		<comments>http://www.onepakistan.com/finance/news/money-banking/9128-pakistans-foreign-exchange-reserves-increase-by-207mln-to-16-311bln.html#comments</comments>
		<pubDate>Thu, 24 May 2012 11:44:46 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9128</guid>
		<description><![CDATA[Karachi,  Pakistan&#8217;s gross foreign exchange reserves increased by $207 million to $16.311 billion in the week ended on May 18, 2012 from $16.104 billion the previous week, State Bank of Pakistan (SBP) said on Thursday. Foreign reserves held by SBP increased by $152 million to $11.936 billion during the week under review from $11.784 billion [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>SBP conversion rates</title>
		<link>http://www.onepakistan.com/finance/news/general/9127-sbp-conversion-rates-45.html</link>
		<comments>http://www.onepakistan.com/finance/news/general/9127-sbp-conversion-rates-45.html#comments</comments>
		<pubDate>Thu, 24 May 2012 11:43:57 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9127</guid>
		<description><![CDATA[KARACHI,   The State Bank of Pakistan on Thursday announced the rates applicable for conversion into rupee of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profits thereon by all banks and for providing forward cover on Foreign Currency Deposits (Excluding FE 25 deposits) on May 25, 2012. [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Pakistan can generate electricity from waste of vegetables &amp; sugar-cane: Jawad</title>
		<link>http://www.onepakistan.com/finance/news/general/9121-pakistan-can-generate-electricity-from-waste-of-vegetables-sugar-cane-jawad.html</link>
		<comments>http://www.onepakistan.com/finance/news/general/9121-pakistan-can-generate-electricity-from-waste-of-vegetables-sugar-cane-jawad.html#comments</comments>
		<pubDate>Thu, 24 May 2012 11:35:52 +0000</pubDate>
		<dc:creator>Onepakistannews</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9121</guid>
		<description><![CDATA[Islamabad, Pakistan can generate electricity from waste of vegetables and sugar-cane to boost agriculture production. Ahmed Jawad, Member Export Islamabad Chamber of Commerce &#38;Industry (ICCI) and Chief Executive Harvest Trading Co said this in a statement issued here Thursday. He said that agriculture is the life line of our country and billion of rupees could [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Toyota denies plan for $6k cars in India</title>
		<link>http://www.onepakistan.com/finance/news/world/9120-toyota-denies-plan-for-6k-cars-in-india.html</link>
		<comments>http://www.onepakistan.com/finance/news/world/9120-toyota-denies-plan-for-6k-cars-in-india.html#comments</comments>
		<pubDate>Thu, 24 May 2012 11:26:53 +0000</pubDate>
		<dc:creator>AFP</dc:creator>
				<category><![CDATA[World]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9120</guid>
		<description><![CDATA[TOKYO  &#8211; Toyota denied a press report that it was to begin selling cars in India priced at around $6,000 as the Japanese auto giant looks to boost its share of the country&#8217;s growing affordable car market. &#8220;There are no such plans,&#8221; a Toyota spokesman said on Thursday, after the Asahi Shimbun report. The Asahi [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Indian rupee hits another new record low</title>
		<link>http://www.onepakistan.com/finance/news/world/9111-indian-rupee-hits-another-new-record-low.html</link>
		<comments>http://www.onepakistan.com/finance/news/world/9111-indian-rupee-hits-another-new-record-low.html#comments</comments>
		<pubDate>Thu, 24 May 2012 11:23:02 +0000</pubDate>
		<dc:creator>AFP</dc:creator>
				<category><![CDATA[World]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9111</guid>
		<description><![CDATA[MUMBAI  &#8211; India&#8217;s rupee slid to a new all-time low against the dollar for the seventh straight day on Thursday, due to global uncertainty and concern over the domestic economy. The Indian unit fell to a record low of 56.36, against the previous level of 56.21, before clawing back to 56.1 levels in early afternoon [...]]]></description>
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		<title>German business confidence ‘slumps’</title>
		<link>http://www.onepakistan.com/finance/news/world/9110-german-business-confidence-slumps.html</link>
		<comments>http://www.onepakistan.com/finance/news/world/9110-german-business-confidence-slumps.html#comments</comments>
		<pubDate>Thu, 24 May 2012 11:20:50 +0000</pubDate>
		<dc:creator>AFP</dc:creator>
				<category><![CDATA[World]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9110</guid>
		<description><![CDATA[FRANKFURT  &#8211; Business confidence in Germany dropped to a six-month low in May, as companies grow increasingly pessimistic in the face of a resurgence in the long-running eurozone debt crisis, data showed Thursday. The Ifo economic institute&#8217;s closely watched business climate index dropped to 106.9 points in May from 109.9 points in April, even though [...]]]></description>
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		<title>Exports, consumer demand fuel German growth</title>
		<link>http://www.onepakistan.com/finance/news/world/9109-exports-consumer-demand-fuel-german-growth.html</link>
		<comments>http://www.onepakistan.com/finance/news/world/9109-exports-consumer-demand-fuel-german-growth.html#comments</comments>
		<pubDate>Thu, 24 May 2012 11:07:04 +0000</pubDate>
		<dc:creator>AFP</dc:creator>
				<category><![CDATA[World]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9109</guid>
		<description><![CDATA[FRANKFURT &#8211; Strong exports and consumer demand helped the German economy, Europe&#8217;s biggest, steer clear of recession in the first three months of this year, official data showed on Thursday. Confirming preliminary figures released earlier this month, the federal statistics office Destatis calculated that German gross domestic product (GDP) expanded by 0.5 percent in the [...]]]></description>
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		</item>
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		<title>Lawsuits mount over Facebook IPO debacle</title>
		<link>http://www.onepakistan.com/finance/news/world/9099-lawsuits-mount-over-facebook-ipo-debacle.html</link>
		<comments>http://www.onepakistan.com/finance/news/world/9099-lawsuits-mount-over-facebook-ipo-debacle.html#comments</comments>
		<pubDate>Thu, 24 May 2012 03:19:00 +0000</pubDate>
		<dc:creator>AFP</dc:creator>
				<category><![CDATA[World]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9099</guid>
		<description><![CDATA[WASHINGTON &#8211; Trial lawyers smelled blood as furious investors began filing suits over losses on Facebook&#8217;s disastrous $16 billion IPO, with billions of dollars possibly at stake in coming litigation. More than a half-dozen law firms specializing in investor complaints said they were launching class action suits against the social networking giant and its underwriters. [...]]]></description>
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		<title>Hewlett-Packard to slash 27,000 jobs by 2014</title>
		<link>http://www.onepakistan.com/finance/news/world/9098-hewlett-packard-to-slash-27000-jobs-by-2014.html</link>
		<comments>http://www.onepakistan.com/finance/news/world/9098-hewlett-packard-to-slash-27000-jobs-by-2014.html#comments</comments>
		<pubDate>Thu, 24 May 2012 03:15:01 +0000</pubDate>
		<dc:creator>AFP</dc:creator>
				<category><![CDATA[World]]></category>

		<guid isPermaLink="false">http://www.onepakistan.com/finance/news/?p=9098</guid>
		<description><![CDATA[SAN FRANCISCO &#8211; Hewlett-Packard said it plans to cut 27,000 jobs, or eight percent of its global workforce, by 2014 in a major restructuring effort for the computer giant. The world&#8217;s biggest personal computer maker said the move was part of &#8220;a multi-year productivity initiative designed to simplify business processes, advance innovation and deliver better [...]]]></description>
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