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Karachi, August 01, 2012 (PPI-OT): Pakistan Telecommunication Company Limited (PTCL) has commenced telecommunications services in the newly developed Margalla View Housing Society. PTCL is the first telecom operator to commence telecommunications services in the area, by deploying its network and ONU in Margalla View Housing Society in a record time …
Read More »Daily Archives: August 1, 2012
United States Agency for International Development begins installation of capacitors at Islamabad Electric Supply Company
Islamabad , August 01, 2012 (PPI-OT): The United States Agency for International Development (USAID)’s Power Distribution Program, in cooperation with the Islamabad Electric Supply Company (IESCO), has started installation of Low Tension (LT) capacitors on irrigation tubewells in IESCO’s Chakwal Circle. Currently the project is assisting the Faisalabad Electric Supply …
Read More »Rs38.4 million released for tannery zone water line in Korangi Industrial Area
Karachi, August 01, 2012 (PPI-OT): The leather industry and tanneries will get an exclusive water pipeline in Korangi Industrial area on the intervention of Dr. Ishrat Ul Ebad Khan, Governor of Sindh. The Governor has released an amount of Rs38.4 million for laying of an exclusive water pipeline to the …
Read More »Government deregulates ex-refinery/ex-depot prices of POL products
Islamabad, August 01, 2012 (PPI-OT): Federal Government, in pursuance of ECC decision of October 15, 2010, has deregulated the ex-refinery/ex-depot prices of Motor Spirit, HOBC, LDO and Jet fuels (JP-1, JP-4 and JP-8) w.e.f. June 01, 2011. Further, Petroleum Product Prices notification will be on fortnightly basis, pursuant to ECC …
Read More »Lahore Chamber of Commerce and Industry urges govt to withdraw power cuts exemption given to Very Important Persons’ grid stations
Lahore, August 01, 2012 (PPI-OT): The Lahore Chamber of Commerce and Industry while expressing deep concern over awful prolonged load shedding, has demanded of the government to withdraw immediately the exemption of load shedding being enjoyed by VIP grid stations other than hospitals and sensitive installations. “The govt. would not …
Read More »AKD Quotidian about — Price reduction strategy work; Record June’12 Fertilizer offtake
Karachi, August 01, 2012 (PPI-OT): As per data released by NFDC, urea offtake for 1HCY12 stood at 2.75 million tons, up by modest 3%YoY. 1HCY12 offtake turned out to be highly skewed towards Jun’12 as urea offtake of 1.03 million tons in Jun’12 alone accounted for 37% of 1HCY12 sales. …
Read More »Morning Call about Lotte Pakistan PTA Limited Chemicals – Arif Habib Limited
Karachi, August 01, 2012 (PPI-OT): Plummeting margins to take toll on profitability Company likely to suffer a 50% QoQ profitability decline in 2QCY12 Arif Habib Limited expects Lotte Pakistan PTA Limited (LOTPTA) to report profit after tax of PKR 75.9 million (EPS: PKR 0.05) in 2QCY12, a 50% QoQ drop, …
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