2012 August : AsiaNet-Pakistan

Archive for August, 2012

Technical Analyses issued by Adeel and Nadeem Securities Limited

[ 0 ] August 31, 2012 |

Karachi, August 31, 2012 (PPI-OT): According to Adeel and Nadeem Securities Limited the Technical Analysis for August 30, 2012: Share Support-2 Support1 Resistance-1 Resistance-2 KSE-100 15,023.12 15,084.78 15,218.13 15,297.64 ATRL 122.49 124.11 127.62 129.20 OGDC 170.31 172.61 177.01 179.25 PPL 217.50 219.84 225.62 229.80 POL 415.02 418.29 425.26 429.31 NBP 44.23 44.83 45.90 46.67 MCB […]

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Morning Call about Bank Alfalah Limited Banks – Arif Habib Limited

[ 0 ] August 31, 2012 |

Karachi, August 31, 2012 (PPI-OT): Lower provisioning drives the bottom line growth Profitability up by 22% YoY in 1HCY12 Bank Alfalah Limited (BAFL) posted net earnings growth of 21.9% YoY in 1HCY12 as provisioning against non-performing loans dropped by 41% YoY. According to Arif Habib Limited, however, the net income of the bank in 2QCY12 […]

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Pakistan Telecommunication Company offers unlimited nationwide calls with Freedom Packages

[ 0 ] August 31, 2012 | Telecommunication

Karachi, August 31, 2012 (PPI-OT): Pakistan Telecommunications Company Limited (PTCL), country’s leading telecommunications network, has launched an exciting new ‘Freedom Package’ for its PSTN customers offering the freedom to make unlimited nationwide calls from PTCL to PTCL and Vfone (On-Net) PTCL has launched the ‘Freedom Packages’ keeping in view the evolving needs of its customers. […]

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JV to bring foreign investment of $7.2 million; Atlas Group signs Agreement with DENSO Corporation

[ 0 ] August 31, 2012 | General Business News

Karachi, August 31, 2012 (PPI-OT): The Atlas Group and DENSO Corporation (DENSO) today announced an agreement to establish a new Joint Venture in Pakistan to launch a project Atlas Hitec (Pvt.) with an initial combined equity investment of US $7.2 million. The agreement will strengthen the already close co-operation between Atlas Group and DENSO with […]

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Economy showing no signs of recovery despite recent cut in policy rate by State Bank

[ 0 ] August 31, 2012 | General Business News

Islamabad, August 31, 2012 (PPI-OT): The Pakistan Economy Watch (PEW) on Friday said economy is showing no signs of recovery despite recent cut in policy rate by the State Bank. Reduction in the interest rates have not motivated commercial banks to start lending to the private sector as they still prefer to advance loans to […]

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Small and Medium Enterprise Development to continue support in developing women enterpreurship

[ 0 ] August 31, 2012 | General Business News

Lahore, August 31, 2012 (PPI-OT): Raja Basharat, Advisor to PM on Industries visited Women Business Incubation Center (WBIC) developed by the Small and Medium Enterprises Development Authority (SMEDA). Mr. Yousaf Naseem Khokhar, Chief Executive Officer, Mr. Khurram Khan, GM- Central Suport of SMEDA along with other senior official received him on this occasion. Taking round […]

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Indian Minister for External Affairs to visit Pakistan from September 7 to 9

[ 0 ] August 31, 2012 | Government Institutions

Islamabad, August 31, 2012 (PPI-OT): The Minister of External Affairs of India will be visiting Pakistan on 7-9 September 2012, for holding review meeting with the Foreign Minister at her invitation. The bilateral talks will take place on 8 September 2012. These talks will be preceded by a meeting of the Foreign Secretaries of Pakistan […]

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National Bank of Pakistan appoints Syed Ibne Hassan Divisional Head Corporate Communication and Brand Management

Karachi, August 31, 2012 (PPI-OT): The National Bank of Pakistan (NBP) has appointed senior media communication manager, Syed Ibne Hassan, vice president as Divisional Head(Acting) Corporate Communication and Brand Management Division. Hassan former vice president of the public relations-CCD,has replaced Aamir Abbasi. Hassan has been appointed for his rich experience in media communication and made […]

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36th Federation of Pakistan Chambers of Commerce and Industry export awards: last date for submission of applications extended to 15th September

Islamabad, August 31, 2012 (PPI-OT): In view of number of requests received from Business Houses, for extension in the last date for submitting of applications, because of Ramadan and reduced Office and Banking hours, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has extended the last date for submission of applications for 36th […]

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Pakistan Industrial and Traders Associations Front will write new stories of success in Lahore Chamber of Commerce elections

[ 0 ] August 31, 2012 | Misc.

Lahore, August 31, 2012 (PPI-OT): PIAF-Founders Alliance will write new stories of success in the LCCI forthcoming election as the all industrial areas and markets have announced their full support for the Alliance. This was stated by the Chairman of PIAF-Founders Alliance Mian Muhammad Ashraf while talking to the delegations of different industrial areas and […]

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Civil Aviation Authority to formulate European based regulations on Airworthiness of aircraft

[ 0 ] August 31, 2012 | Misc.

Karachi, August 31, 2012 (PPI-OT): A Meeting under the patronage of South Asia Regional Initiative (SARI) was organised at Jinnah I’nal Airport from 28 to 30 August, 2012 . The purpose of the Meeting was to formulate Aircraft Airworthiness regulations in line with EASA (European Aviation Safety Agency). The regulations encompassing various facets of airworthiness […]

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Female entrepreneur’s delegation leaves for India to explore prospects

Islamabad, August 31, 2012 (PPI-OT): A 17-member delegation of Pakistani women entrepreneurs left for India through the Wagah border here on Friday on a seven-day visit for a dialogue with their counterparts on issues including bilateral trade, non-tariff barriers and visa policy. The delegation under the leadership of Samina Fazil, founder president Islamabad Women’s Chamber […]

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