Karachi: As per the estimates revealed by the State Bank of Pakistan in its annual report, the economic growth is likely to remain at 3-4% in FY12 as against the target of 4.2% while the inflation is estimated to remain at 12.5%, slightly higher than the target of 12% in …

Karachi: Wi-tribe, Pakistan’s highest rated broadband company for customer satisfaction, celebrates with the people of Qatar on their National Day, recognizing the tremendous progress and achievements under the leadership of His Highness Amir Hamad bin Khalifa Al-Thani. While celebrating the auspicious occasion of Qatar’s 133rd National Day, the CEO of …

Karachi: In a major achievement, National Bank of Pakistan has converted its 1000 branches online out of its countrywide network of 1270 branches. In a short span of eight months NBP’s IT Division was able to meet this uphill task set by Bank’s management at the beginning of the year. …

Karachi: The imposition of 16% sales tax on tractors had jeopardized the company’s sales and the plant was closed in the months of July – September. Farmers had begun to reconcile with the imposition of sales tax and bookings were coming in until now when a summary was sent to …

Karachi: We have to inform you that Board of Directors of our Company in their Meeting held on Tuesday, 20 December, 2011 at 11:30 a.m. at the registered office of the company, recommended the following: 1) Cash Dividend A final cash dividend for the year ended 30 September2011 @ 25% …

Karachi: We have to inform you that the Board of Directors of our Company in their Meeting held on Tuesday December 20, 2011 at 10.30 a.m. at Karachi recommended the following: (i) Cash Dividend            Nil (ii) Bonus Shares            Nil (iii) Right Shares           Nil The financial results of the Company are …

Karachi: This is with reference to a news item published in the daily “Business Recorder” on December 17, 2011 captioned Al-Ghazi, Millat Tractors close down manufacturing units. We may inform you that Millat plant is operative but due to slow off take of tractors the production has been slowed down. …