2012 July : AsiaNet-Pakistan

Archive for July, 2012

Pakistan Industrial and Traders Associations Front urge government to desist from making increase in petrol prices

[ 0 ] July 31, 2012 | General Business News

Lahore, July 31, 2012 (PPI-OT): Pakistan Industrial and Traders Associations Front (PIAF) Tuesday rejected the recent increase in petrol prices that is bound to jackup the prices of daily use items to unprecedented level. In a statement issued here, the PIAF Chairman Engineer Sohail Lashari urged the government to desist from making any increase in […]

Read More

Memorandum of Understanding signed between Institute of Chartered Accountants of Pakistan and Karachi Center for Dispute Resolution

Karachi, July 31, 2012 (PPI-OT): A Memorandum of Understanding was signed between the Karachi Center for Dispute Resolution (KCDR) and the Institute of Chartered Accountants of Pakistan (ICAP) recently. The MoU was signed by the President ICAP Rashid Rahman Mir and President KCDR, Justice (Rtd) Sadiuzzaman Siddiqui, Director KCDR Justice (Rtd) Dr. Zafar Ahmed Khan […]

Read More

Lahore Chamber of Commerce and Industry urge State Bank of Pakistan to bring to single digit in the upcoming Monetary Policy

Lahore, July 31, 2012 (PPI-OT): Fearing that the highest-ever rate of markup may put a reverse gear to all measures aimed at well being of economy, the Lahore Chamber of Commerce and Industry urged the State Bank of Pakistan to bring to single digit in the upcoming Monetary Policy scheduled for August 10. In statement […]

Read More

Visible defeat to Pakistan Muslim League (Nawaz) and Pakistan Tehreek e Insaaf in next General Elections: Minister

[ 0 ] July 31, 2012 | Government Institutions

Karachi, July 31, 2012 (PPI-OT): Provincial Minister for Excise and Taxation Mukesh Kumar Chawla has said that Imran Khan and Chudhary Nisar should give up to criticize President Asif Ali Zardari for nothing. Next general elections will prove that Pakistan Peoples Party has deep roots in all provinces. While talking to various delegations here at […]

Read More

Peacocks of Thar should be cured immediately: Minister

[ 0 ] July 31, 2012 | Government Institutions

Karachi, July 31, 2012 (PPI-OT): Sindh Minister for Environment Shaikh Muhammad Afzal showed his grievances on the death of peacocks at Thar and said that peacocks are the beauty of Thar, they should be cured immediately. He further said that peacocks are dying of ‘Rani Khet’ disease which is now spreading to other districts of […]

Read More

‘Pakistan Muslim League (F) believes in serving the nation’

[ 0 ] July 31, 2012 | Government Institutions

Karachi, July 31, 2012 (PPI-OT): Advisor to Chief Minister Sindh on Special Education Imtiaz Shaikh said that the role of youngsters and women in upcoming elections is very important. While talking to different delegations at his office he said that our party believes in serving the nation without any discrimination. Imtiaz Shaikh further said that […]

Read More

Nepalese envoy spells out ways to enhance trade with Pakistan

Islamabad, July 31, 2012 (PPI-OT): Nepal greatly values its relations with Pakistan that are based on mutual respect, mutual trust and shared perceptions on regional and international issues. These remarks were made by H.E.Mr.Bharat Raj Paudyal, Nepalese Ambassador while talking to the Islamabad Chamber of Commerce and Industry (ICCI) President, Mr.Yassar Sakhi Butt during his […]

Read More

Morning Buzz for July 31, 2012 – MR Securities

[ 0 ] July 31, 2012 | Brokerage

Karachi, July 31, 2012 (PPI-OT): Monetary policy on August 10 SBP will release its Monetary Policy Statement in the second week of August. According to MR Securities, the central bank’s board is going to meet on August 10, to deliberate on key economic issues and finalise policy for next two months. Fresh currency notes: SBP […]

Read More

AKD Quotidian about — LUCK: Acquisition of ICI Pakistan Ltd.

[ 0 ] July 31, 2012 | Brokerage

Karachi, July 31, 2012 (PPI-OT): As per notices issued at the Karachi Stock Exchange (KSE), the Yunus Brother Group has jointly signed a share purchase agreement with ICI Omnicron B.V. for the acquisition of a 75.81% stake (70 million shares) in ICI Pakistan Ltd. at a bid value of US$152.5 million (PKR 14.3 billion at […]

Read More

Morning Call about Fertilizer Data Chemicals – Arif Habib Limited

[ 0 ] July 31, 2012 | Brokerage

Karachi, July 31, 2012 (PPI-OT): Record Jun-12 urea offtake helps prevent decline in 1HCY12 sales The National Fertilizer Development Centre (NFDC) has released fertilizer production and offtake figures for the month of Jun-12. Urea sales surge by 173% MoM in Jun-12; 1HCY12 offtake remains stable Urea offtake during Jun-12 rose by 173% MoM to a […]

Read More

Alfalah GHP Investment Management Limited’s change of trustee of Alfalah GHP Cash Fund managed by Alfalah GHP Investment Management Limited

[ 0 ] July 31, 2012 | Miscellaneous

Karachi, July 31, 2012 (PPI-OT): Karachi Stock Exchange (G) Limited is hereby informed of retirement of Central Depository Company of Pakistan Limited (the Retiring Trustee) and appointment of MCB Financial Services Limited (the “New Trustee”) in accordance with the provisions of First supplementary trust deed of Alfalah GHP Cash Fund (the “Fund”) entered in to […]

Read More

Oil and Gas Development Company Limited’s change of chief financial officer

Karachi, July 31, 2012 (PPI-OT): It is to inform that Mr. Muhammad Rafi has been appointed as acting Chief Financial Officer of the company w.e.f. 25-07-2012 in place of Mr. Aftab Ahmed. 2. You may please inform the members of your Exchange accordingly. For more information, Contact: (Eram Ali Aziz) Company Secretary Oil and Gas […]

Read More