AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: Mr. Khush Dil Khan, Advocate, Deputy Speaker, Khyber Pakhtun Khwa called on the Federal Minister for SAFRON, Engr. Shaukat Ullah here in his office in Islamabad. They discussed the issues of mutual interests and the on-going developmental projects in the area. The Federal Minister appreciated the Provincial Government for …
Read More »Monthly Archives: December 2011
AKD Quotidian about — NIT-SEF 7 The Market
Karachi: News reports indicate that NIT’s -PKR20bn State Enterprise Fund (NIT-SEF), launched on Jan 13’09, may look to divest underlying shareholding with its 3yr mandate coming to an end. Recall that the NIT-SEF was launched to stabilize the local market following the imposition of the price floor. According to AKD …
Read More »SECP allows Modaraba companies to charge management Fee – Alfalah Securities Limited
Karachi: The Securities and Exchange Commission of Pakistan (SECP) has allowed Modaraba management companies to charge a management fee out of the net annual profit of modaraba, provided that not less than 90% of its total profits in the year were distributed to the certificate holders. According to Alfalah Securities …
Read More »Refineries plan USD 9.9 bn investment – Alfalah Securities Limited
Karachi: As per the working paper submitted by Oil refineries, they plan to go for an up-gradation and other associated projects to increase refining capacity to a total of 19.34 million tons with an investment of USD 9.89 bn. According to Alfalah Securities Limited, in this regard, Byco Oil (BOPL) …
Read More »Power production likely to drop due to low water levels – Alfalah Securities Limited
Karachi: The water level is dropping which is expected to lower the hydel power production in the country, resulting in an incremental shortfall of 2000 to 3000 megawatts. According to Alfalah Securities Limited, the decreased water flow from Tarbela and Mangla dams last year during the same period reduced hydel …
Read More »Meeting with SECP Officials announcement by The Karachi Stock Exchange (Guarantee) Limited
Karachi: Following is the Government borrowing on the higher side in 5MFY12 – Alfalah Securities Limited Karachi: Government borrowing witnessed a surge of 105% to PKR 707.776bn during July 1 to November 18, 2011 to finance the fiscal deficit even though the govt. has managed to collect revenue of PKR …
Read More »China Chamber of Commerce delegation to visit Pakistan next week
Islamabad: Bian Zhenhu, President, China Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal by-products called on Ambassador Masood Khan here this afternoon, says a press release received here today from Beijing, China. He informed the Ambassador that a 17-member delegation of the China Chamber of …
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