Karachi, June 29, 2012 (PPI-OT): According to newspaper sources, the Competition Commission of Pakistan (CCP) has issued show cause notices to all major urea manufacturers including FFC, FFBL, ENGRO, DH Fertilizers, Fatima Fertilizers, Pak Arab and Agritech for increasing urea prices by 85.88% from PkR 850/50-kg bag in December 2010 …
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Honda Atlas raises car prices – Alfalah Securities Limited
Karachi, June 29, 2012 (PPI-OT): Honda Atlas (HCAR) has raised the prices of City and Civic cars by PkR 50,000 and PkR 30,000 mainly due to steep devaluation of Pak Rupee against dollar and yen which caused increase in cost of production. According to Alfalah Securities Limited, imported CR-V vehicle …
Read More »Ishtiaq Baig appointed Chairman Federation of Pakistan Chambers of Commerce and Industry body on Textile Industry
Karachi, June 29, 2012 (PPI-OT): President Federation of Pakistan Chamber of Commerce and Industry Haji Fazal Kader Sherani has appointed Mr. Ishtiaq Baig as Chairman FPCCI Standing Committee on Textile Industry for the year 2012. Ishtiaq Baig has rich experience in the field of Textile. He is the Vice Chairman …
Read More »CubeXS Weatherly and Microsoft Pakistan announce Launch of Enterprise Cloud Services
Karachi, June 29, 2012 (PPI-OT): CubeXS Weatherly (Private) Limited, first ever Tier-IV compliant Data Center in Pakistan, has launched Enterprise Cloud Services in collaboration with Microsoft Pakistan at a ceremony held in Karachi on 28th June 2012. Pay-As-You-Go model would deliver a customized service with a flexible structure, no startup …
Read More »Central Asian and African Countries are New Destinations of Islamic Finance- Islamic Banking and Financial Industry Lacks Better Human Resources
Lahore, June 29, 2012 (PPI-OT): The First International Forum of Islamic Banks and Financial Institutions held under the patronage of His Excellency, Dr. Fayez al-Tarawneh– Prime Minister of Jordan has come to end today in Amman; the Capital city of Jordan. The Forum was jointly organized by General Council of …
Read More »State Bank appoints Eleven Primary Dealers for financial year 2012-13
Karachi, June 29, 2012 (PPI-OT): The State Bank of Pakistan (SBP) has appointed eleven Primary Dealers for the next financial year (FY 2012-13) which include JS Bank Limited, Habib Bank Limited, Faysal Bank Limited, NIB Bank Limited, National Bank of Pakistan, Bank Alfalah Limited, Pak Oman Investment Co. Limited, United …
Read More »State Bank of Pakistan allows additional two months to exporters for matching performance requirement
Karachi, June 29, 2012 (PPI-OT): The State Bank of Pakistan (SBP) has allowed an additional two months for the exporters having shortfall in required performance under Part-II of the Export Finance Scheme for the monitoring year of 2011-12. This decision has been taken to address exporters’ problems of delay in …
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