PAK Open Market Forex Rates for 06th March 13

PAK Open Market Forex Rates for 06th March 13.

The World's Billionaires

1

Carlos Slim Helu & family $73 B 73 telecom Mexico

2

Bill Gates $67 B 57 Microsoft United States

3

Amancio Ortega $57 B 76 Zara Spain

4

Warren Buffett $53.5 B 82 Berkshire Hathaway United States

5

Larry Ellison $43 B 68 Oracle United States

6

Charles Koch $34 B 77 diversified United States

6

David Koch $34 B 72 diversified United States

8

Li Ka-shing $31 B 84 diversified Hong Kong

9

Liliane Bettencourt & family $30 B 90 L'Oreal France

10

Bernard Arnault & family $29 B 64 LVMH France

11

Christy Walton & family $28.2 B 58 Wal-Mart United States

12

Stefan Persson $28 B 65 H&M Sweden

13

Michael Bloomberg $27 B 71 Bloomberg LP United States

14

Jim Walton $26.7 B 65 Wal-Mart United States

15

Sheldon Adelson $26.5 B 79 casinos United States

16

Alice Walton $26.3 B 63 Wal-Mart United States

17

S. Robson Walton $26.1 B 69 Wal-Mart United States

18

Karl Albrecht $26 B 93 Aldi Germany

19

Jeff Bezos $25.2 B 49 Amazon.com United States

20

Larry Page $23 B 39 Google United States

21

Sergey Brin $22.8 B 39 Google United States

22

Mukesh Ambani $21.5 B 55 petrochemicals, oil & gas India

23

Michele Ferrero & family $20.4 B 87 chocolates Italy

24

Lee Shau Kee $20.3 B 85 diversified Hong Kong

24

David Thomson & family $20.3 B 55 media Canada

26

Prince Alwaleed Bin Talal Alsaud $20 B 57 investments Saudi Arabia

26

Carl Icahn $20 B 77 leveraged buyouts United States

26

Thomas & Raymond Kwok & family $20 B - real estate Hong Kong

29

Dieter Schwarz $19.5 B 73 retail Germany

30

George Soros $19.2 B 82 hedge funds United States

31

Theo Albrecht, Jr. & family $18.9 B 62 Aldi, Trader Joe's Germany

32

Alberto Bailleres Gonzalez & family $18.2 B 81 mining Mexico

33

Jorge Paulo Lemann $17.8 B 73 beer Brazil

34

Alisher Usmanov $17.6 B 59 steel, telecom, investments Russia

35

Iris Fontbona & family $17.4 B 70 mining Chile

36

Forrest Mars, Jr. $17 B 81 candy United States

36

Jacqueline Mars $17 B 73 candy United States

36

John Mars $17 B 76 candy United States

36

Georgina Rinehart $17 B 59 mining Australia

40

German Larrea Mota Velasco & family $16.7 B 59 mining Mexico

41

Mikhail Fridman $16.5 B 48 oil, banking, telecom Russia

41

Lakshmi Mittal $16.5 B 62 steel India

43

Aliko Dangote $16.1 B 55 cement, sugar, flour Nigeria

44

Len Blavatnik $16 B 55 diversified United States

44

Cheng Yu-tung $16 B 87 diversified Hong Kong

46

Joseph Safra $15.9 B 74 banking Brazil

47

Rinat Akhmetov $15.4 B 46 steel, coal Ukraine

47

Leonid Mikhelson $15.4 B 57 gas, chemicals Russia

49

Leonardo Del Vecchio $15.3 B 77 eyeglasses Italy

49

Michael Dell $15.3 B 48 Dell United States

51

Steve Ballmer $15.2 B 56 Microsoft United States

52

Viktor Vekselberg $15.1 B 55 oil, metals Russia

53

Paul Allen $15 B 60 Microsoft, investments United States

53

Francois Pinault & family $15 B 76 retail France

55

Vagit Alekperov $14.8 B 62 Lukoil Russia

56

Phil Knight $14.4 B 75 Nike United States

56

Andrey Melnichenko $14.4 B 40 coal, fertilizers Russia

58

Dhanin Chearavanont & family $14.3 B 73 food Thailand

58

Susanne Klatten $14.3 B 50 BMW, pharmaceuticals Germany

58

Vladimir Potanin $14.3 B 52 metals Russia

61

Michael Otto & family $14.2 B 69 retail, real estate Germany

62

Vladimir Lisin $14.1 B 56 steel, transport Russia

62

Gennady Timchenko $14.1 B 60 oil & gas Russia

64

Luis Carlos Sarmiento $13.9 B 80 banking Colombia

65

Mohammed Al Amoudi $13.5 B 68 oil, diversified Saudi Arabia

66

Tadashi Yanai & family $13.3 B 64 retail Japan

66

Mark Zuckerberg $13.3 B 28 Facebook United States

68

Henry Sy & family $13.2 B 88 diversified Philippines

69

Donald Bren $13 B 80 real estate United States

69

Serge Dassault & family $13 B 87 aviation France

69

Lee Kun-Hee $13 B 71 Samsung South Korea

69

Mikhail Prokhorov $13 B 47 investments Russia

73

Alexey Mordashov $12.8 B 47 steel, investments Russia

74

Antonio Ermirio de Moraes & family $12.7 B 84 diversified Brazil

74

Abigail Johnson $12.7 B 51 money management United States

76

Ray Dalio $12.5 B 63 hedge funds United States

76

Robert Kuok $12.5 B 89 diversified Malaysia

78

Miuccia Prada $12.4 B 63 Prada Italy

79

Ronald Perelman $12.2 B 70 leveraged buyouts United States

80

Anne Cox Chambers $12 B 93 media United States

81

Stefan Quandt $11.9 B 46 BMW Germany

82

Ananda Krishnan $11.7 B 74 telecoms Malaysia

82

Alejandro Santo Domingo Davila $11.7 B 36 beer Colombia

82

James Simons $11.7 B 74 hedge funds United States

82

Charoen Sirivadhanabhakdi $11.7 B 68 drinks Thailand

86

Zong Qinghou $11.6 B 67 beverages China

87

Dirce Navarro De Camargo & family $11.5 B - construction Brazil

87

John Fredriksen $11.5 B 68 shipping Cyprus

89

Gerald Cavendish Grosvenor & family $11.4 B 61 real estate United Kingdom

90

Harold Hamm $11.3 B 67 oil & gas United States

91

Rupert Murdoch $11.2 B 81 News Corp United States

91

John Paulson $11.2 B 57 hedge funds United States

91

Azim Premji $11.2 B 67 software India

94

Ernesto Bertarelli & family $11 B 47 biotech, investments Switzerland

94

Charlene de Carvalho-Heineken $11 B 58 Heineken Netherlands

94

Hans Rausing $11 B 86 packaging Sweden

94

Jack Taylor & family $11 B 90 Enterprise Rent-A-Car United States

98

Lui Che Woo $10.7 B 83 gaming Hong Kong

98

Laurene Powell Jobs & family $10.7 B 49 Apple, Disney United States

100

Eike Batista $10.6 B 56 mining, oil Brazil

US diplomat faces murder charges for mowing down man

ISLAMABAD: A case has been
registered under Section 320 of
Pakistan Penal Code (PPC) against a
US diplomat who ran down bikers on
Thursday night, Geo News reported.
“Under the said section, the American
diplomat faces charges of
unintentional murder, in this case
killing by reckless driving. It is defined
as any act or omission done by mistake
of fact or mistake of act which causes
the death of a human being without
any intention or knowledge”, an officer
at the Secretariat Police Station, where
the FIR was lodged, told Geo News.
The accident involved a US consular
vehicle, which rammed a motorbike
from behind on Margallah Road right
outside the Punjab House.
Eyewitnesses added, at the time of the
accident two men, one at the handle
bar and the other on the pillion, were
riding the motorcycle.
According to sources, the bikers
identified as Shozab Raza and
Muzammil Shah, were employees of
the Capital Development Authority
(CDA), were going home after a long
day at the Parliament Lodges where
they worked, when the accident took
place.
Muzammil Shah breathed his last in
the emergency room of Poly Clinic,
however Shozab Raza is said to be out
of danger. It is pertinent to mention
that following the roadside mishap the
US diplomat was also hospitalized for
reportedly feeling too sick to stay in
the stationhouse.
According to media reports the car
involved in the accident has been
impounded.
A large number of angry passers-by
surrounded the US embassy vehicle
after the accident but the police
brought the situation under control
well in time saving a most probable
international lynching.
Muzzamil Shah, who was an employee
of CDA for the last six years, is
survived by a window and a seven-
year-old daughter.

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Lakson Investments in Pakistan

Company Profile

Our experience, reputation, and commitment to integrity and independence not only set us apart, they are what drive us to succeed. We are acutely aware of the reputational risk the entire group will shoulder if we do not manage to perform at the highest level or put the interests of our investors first.

Lakson Investments Limited, the investment management arm of The Lakson Group, is licensed by the Securities & Exchange Commission of Pakistan to provide asset management and investment advisory services under the Non Banking Finance Companies Rules, 2003 and Notified Entities Regulations, 2008.

Lakson Investments currently manages six unique open end mutual funds. The Lakson Money Market Fund (LMMF) is designed for those with a short term investment horizon, the Lakson Income Fund (LIF) caters to those with an intermediate investment horizon and the Lakson Equity Fund (LEF) provides diversified exposure to domestic stocks.

Lakson Investments is the only Pakistani AMC to offer both domestic and internationally focused funds covering domestic stocks, domestic money markets, domestic fixed income, developed markets, emerging markets and global commodities. The funds are the Lakson Equity Fund (LEF), the Lakson Money Market Fund (LMMF), the Lakson Income Fund (LIF), the Lakson Asset Allocation Emerging Markets Fund (LAAEMF),the Lakson Asset Allocation Developed Markets Fund (LAADMF) and the Lakson Asset Allocation Global Commodities Fund (LAAGCF). In addition to the open end funds, Lakson Managed Accounts offers bespoke investment management services for investors with a minimum of PKR 25 million in investable assets.

Investment Objective  

The investment objective of the Lakson Money Market Fund is to provide stable and competitive returns in line with the money markets, exhibiting low volatility consistent with capital preservation by constructing a liquid portfolio of low risk short term investments.

Investment & Suitability  

The fund is best suited for investors with a short-term investment horizon and for cash management, as well as for investors with medium to long-term investment horizons as part of their larger portfolio strategy.

MMA Forex.... Online Trading Company

COMPANY PROFILE

MMA group is one of the world's leading on-line forex trading brokers, with over 100,000 registered customers worldwide and volumes of more than $20 billion a month. Founded in 2006 by a team of financial professionals and experts in Internet technology, MMA is dedicated to creating the ultimate on-line trading experience.

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Notification Copy of Regularization of Contract Employees in Punjab in March 2013

Govt of Punjab Service and General Administration Department (Regulation Wing) has issued Notification No. DS(O&M) (S&GAD)5-3/2013 dated 1^st March 2013 regarding the regularization of the contract employees in Punjab.