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Karachi: The government has unilaterally decreased the profit rates on National Savings Schemes effective from January 1, 2012 on account of a cut down in the interest rates of the country. According to Alfalah Securities Limited, the rate of profit on Special Savings Certificate/Account has been slashed from 12.40% to …
Read More »Daily Archives: January 2, 2012
Automobile prices on the rise in 2012 – Alfalah Securities Limited
Karachi: Pak Suzuki Motor Company (PSMC) having above 50% market share in the automobile industry, has decided to raise the prices of its vehicles in the range of PKR 15,000-25,000 effective from January 1, 2012 primarily on the back of a sharp decline witnessed in the value of Pak Rupee …
Read More »Local petroleum prices raised from Jan 1, 2012 – Alfalah Securities Limited
Karachi: The government has increased the prices of local petroleum products in the range of PKR 1.65 and PKR 5.13 per litre, with effect from January 1, 2012. According to Alfalah Securities Limited, the price of High Octane Blending Content (HOBC) was raised by PKR 5.13 per litre and petrol …
Read More »Schneider Electric Triumphs at 2011 Gigaton Awards Hosted during United Nations Climate Change Talks
Lahore: Schneider Electric, a global specialist in energy management, has recently been awarded with the Gigaton Awards for ‘Outstanding Business Leadership in Action’ for its phenomenal contribution to the reduction of carbon usage. This honourable accolade was awarded to Schneider Electric by The Carbon War Room (CWR), the Gigaton Throw …
Read More »Ufone collaborates with The Citizens Foundation: Rahbar Mentor Programme
Karachi: Taking a step forward to promote education amongst the underprivileged, Ufone Volunteers are assisting in “The Citizens Foundation’s (TCF)” Rahbar mentor program. In continuation of Ufone’s collaboration with TCF, an interactive workshop was arranged for Ufone employees in Lahore. The workshop was to prepare the volunteers, who are taking …
Read More »Vice Chairman Businessmen Group and former President Karachi Chamber of Commerce and Industry Haroon Farooki has been appointed as member of the Board of Trustees of Karachi Port Trust
Karachi: The Government of Pakistan vide Federal Ministry of Ports and Shipping notification No. 1(8)/2006-P and S-I dated 28th December, 2011 has reconstituted the Board of Trustees of KPT for a period of two years. Chairman, Businessmen Group and former President-KCCI, Siraj Kassam Teli, Vice Chairmen and former Presidents-KCCI, Tahir …
Read More »Islamabad Electric Supply Company Starts Computerized Bills Printing In Jhelum Circle
Islamabad: IESCO has started printing of computerized electricity bills in Jhelum Circle So that the consumers may get their electricity bills well before time to avoid hardships in paying their bills. In near future it would also be started at Chakwal and Attock circles. Chief Executive Officer IESCO Javaid Pervaiz …
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