Islamabad: Pakistan Electronic Media Regulatory Authority and the Intellectual Property Rights Organization (IPO) have resolved to take joint action against the menace of piracy in the electronic media. According to PEMRA press release, the unhindered influx of pirated content on broadcast media and cable TV in Pakistan are not only …
Read More »Daily Archives: September 5, 2011
Prime Minister Gilani’s visit to Kazakhstan, 6-7 September 2011
Islamabad: Prime Minister Syed Yusuf Raza Gilani will visit Astana, Kazakhstan, on 6-7 September 2011 on the invitation of the Kazakh leadership. Pakistan values its close relations with Kazakhstan. The Prime Minister’s visit is part of Pakistan’s policy of regional outreach and strengthening relations with all its important neighbours. The …
Read More »Morning Buzz for Sep 05, 2011 – MR Securities
Karachi: World Bank chief warns of economic danger zone According to MR Securities, World Bank Chief Robert Zoellick warned on Saturday that the global economy was heading into a new “danger zone”, as he urged China to speed up structural reforms to help its development. FHFA sues major banks, FIs …
Read More »AKD Quotidian about — NML: FY11 Result Preview
Karachi: NML will be announcing its full year FY11 result tomorrow, where AKD Securities expects the company’s NPAT to surge 35%YoY to PkR3.9bn (EPS: PkR11.18). For 4QFY11, AKD Securities expects NML’s NPAT to stand at PkR451mn (EPS: PkR1.28) which is a fall of 68%QoQ where AKD Securities attributes lower profitability …
Read More »Government disallows 7% mobilization advance – Alfalah Securities Limited
Karachi: The government has decided not to allow mobilization advance of 7% for operation and maintenance of four public sector generation companies (Gencos) on account of previous scandals of Rental Power Plants (RPPs) faced by the government. According to Alfalah Securities Limited, on the other hand, the government has agreed …
Read More »LPG prices reduced by Local producers – Alfalah Securities Limited
Karachi, Sep 05, 2011 (PPI): The Local producers of Liquefied Petroleum Gas (LPG) have reduced prices of LPG by PkR 2.5 per kg to PkR 112-120 per kg, amounting in a reduction of PkR 2,436 per ton. According to Alfalah Securities Limited, the Acting Chairman of the All Pakistan LPG …
Read More »SNGP decides to restore gas – Alfalah Securities Limited
Karachi, Sep 05, 2011 (PPI): Sui Northern Gas Pipelines (SNGP) has decided to restore gas to the Industrial zone I comprising of Lahore, Sahiwal and Sheikhupura from Saturday at 1800 hrs and Industrial Zone II from Monday at 0600 hrs. According to Alfalah Securities Limited, The gas would initially be …
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