AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: Mr. Bamir Topi, President of Albania reiterated his country’s unflinching support to Pakistan on all international forums by noting that Pakistan was playing the most crucial role for peace in the World. He said this in his meeting with Dr. Fehmida Mirza, Speaker, National Assembly in Albanian Presidential Palace …
Read More »Daily Archives: October 19, 2011
Chinese National Defence University delegation calls on Chief of Army Staff
Rawalpindi: A Chinese National Defence University (NDU) delegation headed by Lieutenant General Ren Haiquan, Vice President of NDU, called on Chief of Army Staff, General Ashfaq Parvez Kayani at General Headquarters today. The visiting dignitaries remained with him for some time and discussed the matters of professional interest. For more …
Read More »Lotte PPTA Extends Support to the Flood Victims of Mirpurkhas Region after its Efforts in Badin District
Karachi: Lotte Pakistan PTA (Lotte PPTA), a subsidiary of Lotte, one of South Korea’s largest conglomerates operating in Pakistan, after its recent endeavours to help flood victims in the Badin District continued its unswerving efforts to help those suffering from the recent floods in Mirpurkhas and adjoining areas. Asif Saad, …
Read More »Morning Briefing for October 19, 2011 – Standard Capital
Karachi: DIAMER BHASHA DAM CONSTRUCTION COMMENCED…FCCL TO BENEFIT The long awaited Diamer Bhasha dam which was to bring prosperity to the cement companies, especially Fauji Cement Company (FCCL), has commenced. According to Standard Capital, the project with a value of Rs12bn, with around 5mn tons cement requirements, is expected to …
Read More »AKD Quotidian about — ABL: 9MCY11 Result Preview
Karachi: Allied Bank Ltd (ABL) is scheduled to announce its 9MCY11 result tomorrow. On a consolidated basis, AKD Securities expects ABL to post NPAT of PkR7.74bn (fully-diluted EPS: PkR8.99) in 9MCY11 against NPAT of PkR5.89bn (fully-diluted EPS: PkR6.84) in 9MCY10, translating into a robust growth of 31%YoY. According to AKD …
Read More »SSGC & SNGPL seeking tariff hike from 2HFY12 – Alfalah Securities Limited
Karachi: The Sui-Northern Gas Pipelines (SNGP) and Sui-Southern Gas Company (SSGC) are seeking a hike in gas tariff of PkR 54.42/mmbtu and PkR 21.95/mmbtu respectively from 2HFY12 on account of facing severe revenue shortfalls and to bring them to an optimum level. According to Alfalah Securities Limited, SNGP is currently …
Read More »Current Account Deficit reaches USD 1.2 bn in 1QFY12 – Alfalah Securities Limited
Karachi: According to a latest data released by State Bank of Pakistan (SBP), the current account deficit of the country rose to USD 1.209 bn in 1QFY12 against USD 0.597 bn in the corresponding period last year, depicting a significant rise of 102.5% on YoY. According to Alfalah Securities Limited, …
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