Tuesday, March 15, 2005
Pakistani Prize Bonds: Poor Man’s Vegas
If one walks in streets of downtown Rawalpindi at night, he can easily spot two or three people sitting under the streetlight, calculating from which number the first prize or second prize starts in the next draw. Zero is the house of five, two is the house of seven, nine is the house of four. …
Continue reading »Karachi Stocks Cross 10,000 Points
The Pakistani stock market broke the 10,000 barrier on Monday for the first time, cementing a 60 per cent gain in the KSE-100 index since the start of the year. The index closed at 9,998.05, up 4.1 per cent on the day, taking the increase for the month to 21 per cent. Its intraday peak …
Continue reading »Meeting Pakistan’s Outsourcing Millionaire
Meet the millionaire. No, this isn’t a reference to some corrupt politician or government officer. If you’ve driven through Shahrae Faisal in Karachi or gone through the daily newspapers recently, you must have already seen her, a call centre agent, complete with beaming smile and stylish headset. Comparatively, Pakistan appears as a weak blip on …
Continue reading »3 Great Urdu Poets Re-interpreted
Perhaps, Faiz Ahmad Faiz was more near to our times the interpretation was carried out in the reverse order with Russian scholar Ludmila Vasileva saying Faiz was doubtless in love with the Russian Revolution he believed Russia could usher in a new world for the poor and wretched of this earth. Thus, he spent considerable …
Continue reading »Saudi Prince to Build 3 Hotels in Pakistan
Prince Al-Waleed bin Talal bin Abdul Aziz Al-Saud, Forbes magazine’s fifth richest man, on Monday announced that his company would build three world-class hotels, possibly in Islamabad, Lahore and Karachi. He said this while addressing a joint press conference with Prime Minister Shaukat Aziz. The chairman of the Kingdom Holding Company has assets worth $23.7 …
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