April 5, 2012 - AsiaNet-Pakistan

Archive for April 5th, 2012

Karachi Port Trust Donates Forty Lac Rupees For The Lever Transplant Of Momina Saeed

[ 0 ] April 5, 2012 | Government Institutions

Karachi: In continuation to the announcement made earlier by the Federal Minister for Ports and Shipping Senator Babar Khan Ghauri and the KPT administration for providing sustenance to Momina Saeed, 4 ½ years aged daughter of Saeed Ahmed Rajput, suffering from chronic lever disease; the officers and employees of Karachi Port Trust has contributed Rs4 […]

Read More

Secretary Human Resource Development Presides 102nd Meeting of Employees’ old-age benefits institution Board of Trustees

[ 0 ] April 5, 2012 | Government Institutions

Karachi: The 102nd meeting of Board of Trustees of EOBI which was presided over by the Federal Secretary for Human Resources Development and President of BOT, Mr. Muhammad Ahsan Raja at EOBI House, Karachi here today. Earlier, the Chairman EOBI, Mr. Zafar Iqbal Gondal welcome the members of the Board and presented a detailed briefing […]

Read More

Media urged to play its role for flourishing businesses- Islamabad Chamber of Commerce and Industry

[ 0 ] April 5, 2012 | Chambers of Commerce

Islamabad: A delegation of National Press Club led by its President, Mr. Farooq Faisal visited Islamabad Chamber of Commerce and Industry (ICCI). Speaking on the occasion, Farooq Faisal, President National Press Club said that journalist community would keep on identifying problems of business community. He said that ICCI and National Press Club should make a […]

Read More

A team under the supervision of TOR Town-I and Traffic Police have conducted surprise raids against the encroachments and arrested 17 persons selling vegetable on road/footpath

[ 0 ] April 5, 2012 | Government Institutions

Peshawar: A team under the supervision of TOR Town-I and Traffic Police have conducted surprise raids against the encroachments and arrested 17 persons selling vegetable on road/footpath and handed them over to the traffic police for lodging FIR against them under the relevant sections of law. Similarly, Special Magistrate Peshawar carried out surprise checking at […]

Read More

We love our national interest and would not make any compromise with any power including the United States of America – Minister for Information

[ 0 ] April 5, 2012 | Government Institutions

Peshawar: Khyber Pakhtunkhwa Minister for Information and Public Relations, Mian Iftikhar Hussain has said that we love our national interest and would not make any compromise with any power including the United States of America. He said that we would only maintain relationship with all countries of the world on the basis of equality adding […]

Read More

AKD Quotidian about — Cements: Positive Volumes but Dewan news flow dominates!

[ 0 ] April 5, 2012 | Brokerage

Karachi: While official data is yet to uploaded at the APCMA website, news reports indicate domestic cement sales for Mar’12 at a whopping 2.55mn tons – the highest ever monthly figure. According to AKD Securities, in cumulative 9MFY12, local sales were up 8.4%YoY to stand at 17.4mn tons. On the flipside, exports for Mar12 were […]

Read More

Morning Call about Pak Suzuki Motor Company Limited – Arif Habib Limited

[ 0 ] April 5, 2012 | Brokerage

Karachi: ‘Hold’ stance with stable outlook for CY12 Arif Habib Limited has incorporated the detailed accounts of Pak Suzuki Motor Company (PSMC) into Arif Habib Limited’s financial model and changed Arif Habib Limited’s recommendation to ‘Hold’. According to Arif Habib Limited, the share price of PSMC has appreciated by 14.5% since Mar-12. At the current […]

Read More

FBR considers rise in banks’ tax rate to makeup revenue losses: – Alfalah Securities Limited

[ 0 ] April 5, 2012 | Brokerage

Karachi: Federal Board of Revenue (FBR) is considering raising the tax rate of Banks by 5% to 40% from existing 35%. According Alfalah Securities Limited, to though, the corporate tax rate of other sectors is proposed to be reduced to 32% in the upcoming federal budget FY13. The increase in tax collection from banks, if […]

Read More

Local Cement off-takes rising while exports falling during 9MFY12 – Alfalah Securities Limited

[ 0 ] April 5, 2012 | Brokerage

Karachi: According to the data released by All Pakistan Cement Manufacturing Association (APCMA) recently, local cement off takes have surged by 8.4%YoY to 17.386 million tons during 9MFY12 as against 16.040 million in the corresponding period last year, mainly due to increased construction activities across the country in the current financial year and disbursement of […]

Read More

Byco to commence commissioning of 120,000 bpd by June 2012 – Alfalah Securities Limited

[ 0 ] April 5, 2012 | Brokerage

Karachi: Byco Petroleum Pakistan Ltd. According to Alfalah Securities Limited, (Byco) is all set to commence commissioning process of 120,000 bpd oil refining complex (ORCII) by the end of June this year. After the commissioning of the new refinery, the total refining capacity would rise to 156,000 bpd making it the single largest oil refining […]

Read More

Islamabad Stock Exchange Closing Rate of Tobacco Sector dated 05-04-2012

[ 0 ] April 5, 2012 | Fund News

Islamabad: Company Name Symbol Code Opening Closing Volume Change TOBACCO Pakistan Tobacco PAKT 46.55 47.25 0 0.70 For more information, contact: Islamabad Stock Exchange ISE Towers 55-B, Jinnah Avenue, Islamabad, Pakistan Tel: +92(51)111-473-473 Fax: +92(51)111-473-329 Email: info@ise.com.pk

Read More

Islamabad Stock Exchange Closing Rate of woollen Sector dated 05-04-2012

[ 0 ] April 5, 2012 | Bonds

Islamabad: Company Name Symbol Code Opening Closing Volume Change WOOLLEN Bannu Woollen Mills BNWM 22.16 22.50 0 0.34 For more information, contact: Islamabad Stock Exchange ISE Towers 55-B, Jinnah Avenue, Islamabad, Pakistan Tel: +92(51)111-473-473 Fax: +92(51)111-473-329 Email: info@ise.com.pk

Read More