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Karachi: The government’s failure to amend the PTA import tariff structure has led fears of losing Lotte PPTA’s investment of USD 500mn for the expansion of its production capacity to meet the country’s growing market size. According to Alfalah Securities Limited, Lotte Pakistan, keeping in view the country’s PTA market …
Read More »Daily Archives: February 13, 2012
7MFY12 remittances surge by 21.54%YoY – Alfalah Securities Limited
Karachi: According to the data released by SBP, Overseas Pakistanis have remitted USD 7.44 bn during the 7HFY12 period (July-Jan) against USD 6.11 bn in the same period last year, depicting a remarkable YoY growth of 21.76%. According to Alfalah Securities Limited, whereas on monthly basis, remittances sent by overseas …
Read More »Discount Rate Kept unchanged at 12% – Alfalah Securities Limited
Karachi: The State Bank of Pakistan (SBP) has kept the rates unchanged in the monetary policy announced on 11th Feb 2012 very much in line with Alfalah Securities Limited’s expectations. According to Alfalah Securities Limited, the decision is taken amid concerns of possible hike in inflation in the coming months, …
Read More »Letter of intent signing ceremony between M/S CMPak ltd. Zong, Pakistan and M/S polar wireless corporation
Islamabad: A Letter of Intent signing ceremony between Mr. Fan YunJun, Chief Executive Officer, M/s CMPak (Zong) and Mr. Abdullah Hashwani, Vice President-International Business Development, M/s Polar Wireless Corporation, Canada for Cooperation in ‘Advance International Roaming Service’ in Telecom Sector was held in Board of Investment in the presence of …
Read More »Warid Brings Amazing Karachi Offer
Karachi: Warid Telecom recently announced its Karachi Offer ‘Bol Utha Karachi’ in which people in Karachi can make free and unlimited calls to all Warid numbers from 12am till 12pm with the daily rental of only Rs. 3.99+t. This amazing offer can be subscribed by both existing and new Karachi …
Read More »Kunnar Pasaki field commences LPG production – Alfalah Securities Limited
Karachi: The Oil and Gas Development Company (OGDC) has started the production of 120 tons per day of Liquefied Petroleum Gas (LPG) from the Kunnar Pasaki gas field, which is expected to go up to 350 tpd in a year. According to Alfalah Securities Limited, Kunnar Pasakhi is located in …
Read More »IBM Releases Free Internet Security Training Tools to Educate Students, Teachers and Parents on Digital Responsibility –
ARMONK, N.Y.: IBM (NYSE: IBM) recently announced that in conjunction with Safer Internet Day, (#SID2012) it will release free Internet safety training tools for students and have thousands of volunteers working to help raise awareness and educate students and businesses on Internet safety and digital responsibility. IBM is unveiling three …
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