Islamabad, July 25, 2012 (PPI-OT): Trade between Indonesia and Pakistan is increased by 34 percent from $787 million in 2010 to $1.142 billion in 2011. This was stated by Pakistan Ambassador to Indonesia, Sanaullah during his meeting with Chairman of Indonesian Chamber of Commerce and Industries (KADIN), Mr. Suryo B. …
Read More »Daily Archives: July 25, 2012
Lahore Chamber of Commerce and Industry donates Rs 3million to Hijaz Hospital
Lahore, July 25, 2012 (PPI-OT): The Lahore Chamber of Commerce and Industry Wednesday announced a donation of three million rupees to Hijaz Hospital for setting up state-of-the-art new wards in the hospital. The announcement was made by the LCCI President Irfan Qaiser Sheikh during the LCCI Executive Committee’s visit to …
Read More »Board Meeting of Sindh Board of Investment held
Karachi, July 25, 2012 (PPI-OT): “Investment promotion in the Province can only be done with collective efforts of Public and Private sector,” this was stated by Muhammad Zubair Motiwala, Chairman, Sindh Board of Investment at the 5th Board Meeting of Sindh Board of Investment held at SBI office today. Muhammad …
Read More »Public Safety Commission to be made Effective at Provincial Level: Sharmila
Karachi, July 25, 2012 (PPI-OT): Special Assistant to Chief Minister Sindh on Media Affairs Shurmila Faruqui has said that due to non effectiveness of National Public Safety Commission at Provincial level, the cases of extortion, target killings and other crimes have increased. It is the need of the hour that …
Read More »Michele Scannavini, Coty Prestige President, Is Named Company’s New Chief Executive Officer
Bernd Beetz announces retirement as Coty CEO, continues to serve on global beauty company’s board of directors NEW YORK, July 25, 2012 /PRNewswire/AsiaNet Pakistan — Bernd Beetz has advised the Coty Board of Directors of his decision to retire as chief executive officer of the global beauty company. At its …
Read More »Morning Briefing for July 25, 2012 – Standard Capital
Karachi, July 25, 2012 (PPI-OT): FFC flies with great earnings – very good defensive play FFC announced its much touted 1HCY12 results and outperformed market expectations. The company reported above expectation of Rs 10.3 billion (EPS: Rs 8.12) as against Rs 8.2 billion (EPS: Rs 6.44) reported in the preceding …
Read More »AKD Quotidian about — Banks: Go selective post recent outperformance
Karachi, July 25, 2012 (PPI-OT): Following a 15bps MoM (revised) reduction in weighted average spreads in May’12, banking sector spreads have depicted sequential expansion of 7bps to register at 7.14% in Jun’12. According to AKD Securities, this is primarily due to a 6bps reduction in average deposit cost where AKD …
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